Tony Robbins's Best Advice for
Unstoppable Success
Ordinary
Americans are still struggling in the wake of the Great Recession. Find out
what you can do to be successful no matter how hard you're financially hit.
Robbins
is so much more than the fast-talking life coach with the TV infomercials. He
is credited with helping some of the world's most powerful, wealthy, and
successful people--from billionaire hedge fund manager Paul Tudor Jones to
the late anti-apartheid crusader Nelson Mandela to Salesforce.com founder
and CEO Marc Benioff.
Even Bill Clinton leaned on Robbins's advice during the former
president's impeachment proceedings. Some of Robbins's best lessons from his
long career as a life coach to the rich and powerful were captured in an interview with Inc. editor-in-chief
Eric Schurenberg.
After
the Great Recession, Robbins says he saw people lose their homes, their
businesses, and just about everything they had worked for their whole lives.
America is still hurting from the 2008 crash, but Robbins says you can be
successful.
Below
is Robbins's most important advice for entrepreneurs.
Set up a one-employee
side business.
The first step in
being financially successful is knowing you can be, he says.
"You need to
understand the game is still winnable," Robbins tells Inc. You
don't have to be Paul Tudor Jones to make money, just start putting your money
to work now.
"Set up a
financial business on the side with no employees, it'll be an extraordinary
nest egg that could bring you income for life," he says. Robbins says you
should not wait until you have a pile of cash, get started with what you have.
"To be a great
investor, you need to make good decisions without perfect knowledge. The first
step is not to wait until you have a huge sum of money. The illusion is that
when you have more money, you'll invest and it'll be more worth while,"
Robbins says. "The most important thing to do is start investing now, so
you can unlock the power of compounding."
Robbins
recounts the story of a UPS employee who never made more than $14,000 a
year, but retired with a $70 million fortune "without inheriting a
dime." Theodore Johnson's friend told him he was going to take 20
percent of his salary off every paycheck and invest it. To make due without
that money, Johnson's friend told him to treat it like a 20 percent tax that
Uncle Sam took out of every paycheck. Over the years, compound interest and
good investments helped build a $70 million fortune.
"You don't earn
your way to a fortune, you invest your way, you compound it," Robbins
says.
Add value, and help
those around you.
Robbins wants you to
dream big, get inspired, and live a life of wild success, but in order to get
there, you have to accomplish smaller things and build up. Long-term,
sustainably wealthy entrepreneurs didn't wake up in a room of cash, they set
out to add value and help people.
"You can get rich
by screwing someone, but if you're going to stay rich, you have to be
constantly helping people," he says. When Robbins's first child was born,
he was only making $38,000 a year. By the next year, he was making $1
million a year. "That jump wasn't a sudden new skill set, it was a must
for me psychologically to produce that wealth," he says.
Robbins's mentor, the
entrepreneur and motivational speaker Jim Rohn, gave him two lessons on how to
tap your strongest talents and resources to be successful:
"Find your
passion and find a way to use it to do more for others than anyone else does
and add value. And proximity is power. If you want to get the job done, you
have to get in the environment of the best of the best," Robbins recalls
Rohn saying.
When Robbins told Rohn
he needed to provide for his family, Rohn said for the goals he had, he needed
to be in the proximity of the best moneymakers. Robbins wanted to acquire more
wealth, so he started hanging out with investment bankers. "I did that for
a couple of years, but it seemingly produced no business results. Until one
day, one of those relationships grew into a deal that made me $400 million in a
day, we took a company public," he says. "I could've worked my entire
lifetime and not made that happen, I had to be in proximity with the
best."
No one grows personally
and professionally by themselves, everyone needs help. If you want to do a
certain thing--make money, build a company, help feed the hungry--then you need
to be around people who do that well.
"My own growth
has always been about challenging myself to be around people who play the game
of life at a higher level. In order to stay on the court with them, you need to
lift your game, you need to grow," he says. "If you're around them
and you're adding value, you'll find opportunity. Proximity is power."
Always be hungry.
As the coach for
billionaire entrepreneurs Marc Benioff and Richard Branson, Robbins knows the
difference between successful people and unsuccessful people. He says the
single most important ingredient for success is hunger and not losing it.
"The best
entrepreneurs on earth never lose that hunger--they are hungry to grow, hungry
to give, hungry to contribute," Robbins says. "It's more important
than intelligence. There's nothing that will stop a person who is hungry
enough. A hungry person, failure doesn't stop them."
BY WILL
YAKOWICZ
http://www.inc.com/will-yakowicz/you-can-still-win-the-game-3-lessons-tony-robbins.html?cid=em01016week13a
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