19 May 2024
The secret to becoming a millionaire of a 28-year-old CEO 4

The secret to becoming a millionaire of a 28-year-old CEO 4

Don't just work more or get a higher paying job, great opportunities will open up when you build relationships with the right people, spend your time on the most productive activities and be a problem solver.

Geoff Woods is a young businessman in the US, owns the podcast The Mentee – telling about his process from employee to boss.

When thinking about making a million dollars, everyone thinks this is too far away.

I’m very curious what happened.

1. Hang out with people who can open your mind

Making a lot of money is not too difficult if done properly.

Since Ryan was a boy, he dreamed of owning the Cleveland Indians.

`You’ll know how to achieve your goals if you have people who have done it mentoring you. They’ll tell you exactly what to do. It might just be a small change in your business.`

How big is your dream that makes you so scared?

2. Framing the impossible

Once you’ve found the right team, you need to upgrade your perspective.

`When you feel something is impossible, consider it a story you are telling yourself. It makes you feel discouraged. So, rewrite the story for yourself.

3. Bringing unexpected values

How much your income can increase depends on your ability to bring unexpected values to customers.

Great opportunities will open up when you build relationships with the right people, invest your time in the most effective activities and be a problem solver.

4. Choose customers wisely

The easiest way to pursue a millionaire career is to sell products at higher prices.

The price customers are willing to pay you is directly related to the value they receive.

Would the first company accept paying you $250,000 for your current service?

Sometimes, the thing that stands in your way isn’t the product or yourself, but the customer you’re targeting.

Ryan realized that before, he just wanted to find as many customers as possible, instead of positioning himself as someone who could offer solutions to the upper class.

5. Long-term investment

Many people like to fight quickly and win quickly, but only a few can do it.

As Ryan grew his company, he realized there were many challenges because he had to make decisions based on short-term results.

You’re wasting a lot of money by not planning long-term and not creating a solid enough foundation for success.

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