How to Be Successful – 5 Entrepreneurship Lessons That I learned From My Mentor

How to Be Successful – 5 Entrepreneurship Lessons That I learned From My Mentor

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    If you're like most people out there, you're probably wondering what it takes to be successful.

    I've often thought about this, and pondered the question myself.

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If you’re like most people out there, you’re probably wondering what it takes to be successful. I’ve often thought about this, and pondered the question myself. If it wasn’t for my good friend and mentor that I met four years ago, I know I would have never set out on the path to success or reached it.

1. You Are Who Your Friends Are

The first gold nugget I remember him telling me was, successful people hangout with other successful people. He said you are like your five closest friends. If your five closest friends smoke weed, you smoke weed. If your five closest friends are broke, you’re probably broke too. I remember thinking to myself, well, he’s exactly right. At that time I did hangout with a bunch of potheads who were broke, and I also smoked weed at that time.

2. Follow Other Successful People

The other thing that really stuck out in my mind that he told me was, do what successful people do, and always be learning and reading about what successful people do. He told me to read from other mentors who are extremely successful, people like Jim Rohn, Robert Kiyosaki, and John C. Maxwell.

He said if you’re not progressing in life and learning something new everyday or being productive with your time, then you’re either regressing or staying the same and not going anywhere in your life.

3. Set Goals

He would always be giving me lots of advice about life and finances. Things like, focus on profits, not wages, or, you get paid directly to the value you bring to the market place.

I remember him telling me that the average millionaire has seven different streams of income. He would tell me that if we don’t have goals in life of where we want to go, then we’re bound to get to our destination every single time.

I remember thinking at that time, my whole life I’ve been a drifter, just going wherever life takes me and I’ve never really had any goals or direction in my life. Maybe that’s why I was always broke?

4. Buy Assets

Maybe you’ve heard of or even read the book, Rich Dad Poor Dad (Here’s a link because I think everyone should read this book) by Robert Kiyosaki? In this book the author talks about how rich people buy assets and invest their money first, and then they spend what’s left over.

Now this is a great theory which is sound in principle, but what happens is, so many people haven’t saved enough money or they’re barely floating above water to pay their bills that they can’t afford to buy any assets to make money. The real, true key to becoming successful, is to create assets that bring you in money, so then, you can buy the other assets that bring you in more money.

other valuable tips:

5. Create An Asset

We get paid for the value we bring to the market place. If you’re passionate about something and can find a way to create a digital course or a product that people can buy, you can create an asset. Then you can focus on creating multiple streams of income. When’s the last time you’ve heard a millionaire say, I need to go find another job? Probably never. If you want to become wealthy, focus on profits, and learn how to create your own assets.

I hope that some of what you’ve read resonates with you and can help you on your path to success. If you found value in what you’ve read feel free to share it with your friends and start changing the way you think about money. Who knows, maybe one day you can be someone’s mentor and change people’s lives like my friend and mentor did for me.

Image Credit: Pixabay

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Categories: Achieving Success