These 5 Mindset Shifts Made Me A Millionaire at 28

This video is about the mindset shifts that the speaker made in order to become a millionaire at the age of 28, including learning about assets, getting comfortable with being uncomfortable, and building a business around creating assets.

This video by Buildapreneur was published on Feb 24, 2023.
Video length: 14:18.

The video is about the mindset shifts that the speaker made in order to become a millionaire at the age of 28.

The speaker initially believed that the only way to succeed was to go to college and work up the corporate ladder, but a book called "Rich Dad Poor Dad" changed their perspective. The first mindset shift was understanding the concept of assets and how they can generate income. The speaker used real estate as an example, explaining how owning properties can provide passive income. They also applied this concept to their career, creating assets such as a YouTube channel and a blog.

The second mindset shift was getting comfortable with being uncomfortable and seeking out challenging situations that would lead to growth and success.

• Reading "Rich Dad Poor Dad" was a game changer for the speaker.
• Assets are things that put money in your pocket.
• Getting comfortable with being uncomfortable can lead to growth and success.
• Building a business around creating assets is important for financial stability and freedom.
• Other mindset shifts that contributed to becoming a millionaire include thinking long-term, investing in education, and surrounding yourself with successful people.
• Having conversations with successful people and being uncomfortable can lead to opportunities.
• Looking for opportunity in everything and believing in the possibility of becoming a millionaire are crucial mindset shifts.

These 5 Mindset Shifts Made Me A Millionaire at 28 - YouTube

Section 1: Figuring out the game of assets

• Reading the book "Rich Dad Poor Dad" was a game changer for the speaker.
• Assets are things that put money in your pocket.
• Obtaining assets as soon as possible is crucial.
• Real estate can be a great asset that grows and expands over time.
• Creating assets in your career, such as a YouTube channel or blog, can also be profitable.

Section 2: Getting comfortable with being uncomfortable

• The speaker used to seek comfort in everything he did.
• He realized that seeking out uncomfortable situations can lead to growth and success.
• He joined a mastermind with successful entrepreneurs, even though he was terrified.
• Getting comfortable with being uncomfortable allowed him to overcome fear and take risks.
• Stepping out of your comfort zone can lead to new opportunities and personal growth.

Section 3: Building a business around creating assets

• The speaker's entire career is built around creating assets that make money.
• His YouTube channel and blog are examples of assets that generate income.
• By building up assets in his business, he can create multiple streams of income.
• Creating assets in your business can lead to financial stability and freedom.
• Assets in your business can be built up over time, just like real estate or stocks.

These 5 Mindset Shifts Made Me A Millionaire at 28 - YouTube

Section 4: Other mindset shifts that contributed to becoming a millionaire

• Learning to think long-term and focus on building wealth over time.
• Understanding the power of compounding and exponential growth.
• Investing in education and constantly learning new skills.
• Surrounding yourself with successful people and learning from them.
• Having a positive mindset and believing in your ability to achieve success.

Getting Comfortable with Being Uncomfortable

• The speaker had conversations with successful people in their industry, such as Grant Cardone and Russell Brunson, by getting on stage and being uncomfortable.
• They were initially uncomfortable with the idea of coaching people one-on-one in a mastermind, but they did it and had good results.
• In order to be successful, one must be willing to get uncomfortable and seek out uncomfortable situations.

Looking for Opportunity in Everything

• The speaker used to believe that if something seemed too good to be true, it probably was.
• They missed out on opportunities like Bitcoin and real estate because they thought there must be a catch.
• They shifted their mindset to look at things from an opportunistic perspective instead of being skeptical.
• They found a side hustle that seemed too good to be true, but they put in the effort and it ended up being profitable.
• Many people have a mindset that everyone is out to get them, but this mindset will prevent them from reaching the next level.

Building a Business Around Creating Assets

• The speaker learned about the importance of assets and building a business around creating assets.
• They realized that their business at the time was not focused on creating assets, and they made a shift to prioritize this.
• They started teaching one-on-one masterminds and coaching people, which helped them grow personally and financially.
• They were able to share what they had learned and help others avoid pitfalls in their own businesses.

Believing in the Possibility of Becoming a Millionaire

• The speaker emphasized the importance of believing in the possibility of becoming a millionaire or even a billionaire.
• They mentioned that every millionaire or billionaire has figured out how to be uncomfortable and is okay with it.
• Having a mindset that there are opportunities out there and that success is possible is crucial for reaching the next level.
• They shared comments from skeptics who doubted the opportunities presented to them, highlighting the importance of having a positive mindset.
• Believing that there are people out there who genuinely want to help and progress others is essential for personal growth and success.

Learning from Mistakes

• The speaker shares their experience of making mistakes and losing money in various investments.
• They show their NFT graveyard, where they lost a significant amount of money.
• They talk about losing money in crypto projects, a hedge fund, forex, and Airbnb rental arbitrage.
• Despite these losses, they emphasize the importance of learning from each mistake and not giving up.
• They highlight the mindset of continuing to look for opportunities and not dismissing all opportunities as scams.

Investing in Yourself

• The speaker discusses the concept of investing in oneself and the fear associated with it.
• They share their personal experience of resisting investing in themselves for a long time.
• They talk about joining an expensive mastermind and how it resulted in a 5x return on their investment.
• They emphasize the importance of investing in personal growth and development.
• They compare the investment in physical assets to the intangible investment in oneself.
• They encourage viewers to invest in themselves and believe that it can lead to wealth in the long run.

Watch the video on YouTube:
These 5 Mindset Shifts Made Me A Millionaire at 28 - YouTube