What Poor People Don’t Know About Making Money | An Eye Opening Speech Of Brian Tracy In 2024

Video Transcript

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good morning ladies and gentlemen today I want to share with you a powerful truth that has the power to revolutionize your life and your financial future you see many people believe that becoming a millionaire is an unachievable dream reserved only for the lucky few or those born into privilege but what if I told you that the path to millionaire status lies within your grasp waiting for you to take hold of it yes my friends you are just one skill away from transforming your financial destiny and achieving the coveted status of millionaire in today’s rapidly changing World Success is Not solely determined by luck or circumstance but by our ability to adapt evolve and master the skills that drive wealth creation so as we jump on this road trip together today I urge you to open your mind and your heart to the possibility of realizing your full possibilities suffer the power of learning growth and self-improvement and watch as you unlock the door to unlimited prosperity and abundance thank you for joining me on this exploration of financial empowerment now let’s go through the strategies and principles that will guide us towards reaching our dreams of millionaire status and Beyond I worked in tough jobs for several years I worked in construction on farms and ranches and in factories putting nuts on bolts hour after hour one day in a state of frustration I started asking myself the question why do some people have more success than others now in the Bible there’s a line that says seek and you shall find because everyone who seeks finds ask and it will be given to you so I started asking other successful people how they were doing things differently from me and they told me I did it and got better results I got into sales when I could no longer get a laborious job and in sales I noticed that one of the guys in my company was making 10 times more than anyone else even though he was selling the same product from the same office at the same price to the same people under the same conditions he was making 10 times more than anyone else I went and asked him what are you doing differently from me he told me I did it and what I discovered changed my life I discovered the law of cause and effect the law of sewing and reaping action and reaction they’re great universal laws what it says is that everything happens for a reason that there are no effects without causes that even if we don’t know what’s causing the effect if we track it we’ll find the cause it’s the Bas of the scientific process of all medical research of all marketing of all business if you can define an effect you desire you can track it down and find someone who at one time didn’t have that effect discover what they did and then do the same and eventually you’ll get the same results we say that Success is Not an Accident failure is Not an Accident success leaves tracks so if you simply follow the tracks of other successful people no matter where you start from you’ll eventually get to the same place they did the two most important things we need to be happy and healthy are a sense of control the feeling that we have control over our lives that things happen for a reason and a sense of coherence the feeling that things fit together well when I realized that the law of cause and effect explained everything I got excited in sales I Rose to the top of my Salesforce I read learned attended courses and most of all applied what I learned when I got into Sales Management I read books again took courses sought advice and when I got involved in real estate import a development manufacturing distribution and a series of businesses over the years the first thing I did was ask how does this work how do people succeed in this field then I immersed myself spent hours and hours studying and then did what the most successful people did we say that nature is neutral meaning nature doesn’t care who you are it doesn’t matter if you’re tall or short male or female black or white educated or uneducated nature only cares that you do what successful people do making a recipe nature doesn’t care you follow a recipe and you get the dish isn’t it fascinating nature operates on its own terms indifferent to our status or capabilities in our society much like the concept of Justice it remains blind to individual attributes yes there are countless individuals out there perhaps less intelligent or talented than you yet flying high on the wings of success why because they attach to the time- tested principles of achievement it’s a bitter pill to swallow witnessing someone seemingly less capable surpassing Us in wealth or stature but here’s the key success leaves a signal we must learn to emulate those who have gone before us replicating their proven methods with endless determination let me highlight a crucial point in my research on self-made millionaires I’ve discovered a Common Thread nothing happens overnight success is a journey paved with difficulties and failures but it’s those who keep going those who refuse to be prevented by initial set backs who at last overcome so I ask you what do you assume is the average number of Trials a person makes before throwing in the towel on a new goal well the average is less than one because most people give up before even trying once they say that’s a great goal I’d love to be financially independent and then they give up they don’t even try because I can’t because of this and that and so on and then they go to a wonderful place called someday have you ever heard of someday someday someday I’ll start saving money someday I’ll get out of debt someday I’ll lose weight someday I’ll start a business someday I’ll take my finances seriously and most people live in it someday your job and my job are to vote you off the island right and we started taking control of Our Lives a few years ago a major entrepreneur called me and asked me to give a talk for his 800 entrepreneurs who own independent franchises within his organization on how to become a self-made millionaire I said yes when you’re a young speaker you agree to talk on any topic I said sure I’ll talk on that subject and I was like most people when I was young I wanted to be a millionaire by the time I was 30 and when I got to 30 I postponed it to 35 and when I got to 35 I postponed it to 40 and then I just stopped looking at it I forgot about it and felt like the cards were stacked against me I was around 38 or 39 when he called me and asked I said sure no problem and then I asked myself what do I know about self-made millionaires and this was shocking I knew nothing so I started studying them finding out where they came from what they did how they thought where they started the decisions they made and the kind of people they were one of the things I learned is that becoming a self-made millionaire isn’t the important thing what’s really important is the person you have to become to become a self-made millionaire to become a self-made millionaire you have to become a totally different human being a friend of mine says that to achieve something you’ve never achieved before you have to become someone you’ve never been before and it’s a really important idea the qualities you need to develop within yourself to become a self-made millionaire are incredible qualities that make you a much better person not just better in terms of character determination discipline decision- making strength and so on they make you a much better person they round out your character in a much better way so the real benefit of becoming rich isn’t because you can eat more but how many more meals you can eat how much more clothing can you wear because of the kind of person you you become and then the kind of people you associate with the kind of life you lead what I found in my research is that there are a number of qualities that self-made millionaires have if you have these qualities your success is practically guaranteed and if you don’t have them the qualities are learnable the number one point is that all business or sales skills are learnable all Financial skills are learnable if you can drive a car you can learn any skill now Point number two is that you’re probably only one skill away from doubling your income right now you’re probably only one skill away from getting on the road to becoming a self-made millionaire it turns out that’s the case for almost everyone ah let me tell you an intense truth upon you within each of us lies a dormant accumulation of untapped potential waiting to be released and if by chance you find yourself lacking self-confidence of which skill holds the key to your success fear not for enlightenment May yet expose itself in the moments we share together but note this Insight every skill worth holding is within your grasp waiting for only your devotion and determination to master it I’ve often heard individuals complaint I’m not skilled with money but let me remove that notion once and for all you see the beauty of Life lies in its endless opportunities for growth and learning Yes you heard me right you can learn anything you set your mind to achieve anything you have the courage to dream now take a moment to assess yourself give yourself a score from 1 to 10 in each area of your life and if you find yourself lacking in any aspect do not give up for it is within your power to cross any weakness dream big my friends visualize a future of unlimited abundance and prosperity nurture a vision of yourself radiant with happiness vitality and success practice the art of idealization following the habits and mindset of those who have walked the path of greatness before us project forward several years and imagine that your life is perfect in every way imagine that you have no limitations that you have all the time all the money all the friends all the contacts all the education and all the experience and that you can be have or do anything you want in life if you could what would it be if your life were perfect in 5 years how would it be how much would you be earning how much would you be worth what kind of family life would you have what kind of Health would you have what kind of car would you be driving what would your life be like if you could wave a magic wand and make it perfect in every way what we found is that this is the starting point for great wealth and it’s the starting point for great success in life that you have a dream or a vision of a wonderful future here’s an exercise we give people in our audiences take a sheet of paper and make a list of Dreams what’s called a dream list now imagine that this is like a child’s Christmas wish list and that it allows you to just let go and write down everything you can think of that you might want I had a friend I showed this to and he got so excited he bought a spiral notebook and started writing he’d look through the newspaper and anything he saw that he liked he’d jot down he ended up the first time with 330 goals and at the end of the month he had 500 things he wanted the interesting thing was that his life exploded he activated the Law of Attraction and started attracting into his life people circumstances ideas resources and insights that moved him toward the achievement of his goals and started bringing those goals closer to him Point number two is to do what you love to do whenever you find people who are truly successful in life they are people who do what they love to do they love their work the big rule for success in life is to find something you love to do and then find a way to make a living doing it now when you find what you love to do it will be something that gives you energy that motivates you that excites you it’s probably something you were meant to do since you were born and when you ask self-made millionaires what kind of work they do they often say I’ve never worked a day in my life I just do what I like to do number three is to commit to Excellence now this is really important and I struggled with this when I was young because I was never good at anything I was never picked for any teams and if I was picked I was the first person eliminated I got bad grades in all my classes I was fired from multiple jobs I was even fired from a gas station job once can you imagine being fired for not being good at pumping gas they came and said you’re not good at pumping gas I got fired I went from job to job and and then I discovered that all successful people are excellent at what they do you know the old question they asked Willie Sutton the bank robber why do you rob banks he said because that’s where the money is well being in the top 10% is where the money is so what you have to do is pay any price and make any sacrifice to being the top 10% in your field now here’s the good news if you’re doing what you love to do you’ll want to be in the top 10% in your field if you don’t want to be excellent at what you do it means you’re in the wrong field it just means you’re marking time you’re treading water and there are many people who are in their field and they do their job and you know they go home at night and don’t think about their job and so on and this kind of attitude means you have no future you have a very shaky present that crunching sound you hear is the ice breaking under your feet and you have no future because if you’re not doing what you love to do and putting your whole heart into it you’re just marking time but everyone is designed in such a way that there’s something you love to do and that you can do well and the fact that you love it means you probably have the ability to excel at it so make the decision to be in the top 10% let me tell you how it changed my life here I was struggling in my late 20s and I learned this was an eye openening thought everyone who’s in the top 10% started at the bottom of the 10% everyone who’s doing well was once doing poorly everyone who’s at the top of your field today wasn’t even in your field at all and didn’t even know it existed what that means is that if you’re willing to pay the price and work hard and make sacrifices you can getting to the top 10% how long does it take it doesn’t take a week or a month most people are really impatient and to achieve Mastery in your field takes 5 to seven years you’ll say 5 to seven years wow I’ll be 5 to seven years older before I start enjoying the great rewards well anyway how much older will you be in 5 to seven years now here’s an important Point you’re ready time will pass anyway time will pass and in 5 to 7 years 5 to S years will have passed the only question is will you be at the top of your field or will you still be down with the mediocre 80% and the wonderful thing is that no one is better than you and no one is smarter than you if someone else is at the top of the field it means you can be at the top of your field too just go to them and find out how they got there because they started from the bottom it may take longer for some people and less for others but every who steps forward and keeps moving forward eventually gets there and that’s where all the rewards are not only that that’s where all the joy in life is when you’re really good at what you do you feel wonderful about yourself you’re respected and esteemed by everyone around you you can write your own destiny you can open any door when you’re good at what you do because you wake up in the morning and know you’re good and that’s more important than the rewards that come with it the next key is to develop your unique talents and skills every person is designed from childhood with special talents and skills that if developed to the fullest will allow you to achieve anything you desire in life everyone is genetically structured to be able to do something excellently enjoy it do it well and derive great satisfaction from it Peter Ducker often asks the question what are you good at today what should you be good at what could you be good at what will you be good at and one of the questions we ask is to look back on your life what has been most responsible for your success so far what has been most responsible in the past what have you done what has given you the best results because as we said before success leaves Clues and if you look back on your past you will often find indicators that will guide you toward your future the next key to becoming a self-made millionaire is to see yourself as autonomous it’s seeing that you are autonomous what we’ve discovered is that the top 3% of adults in our society see themselves as autonomous they see themselves in charge of their own lives when I started my career as a 21-year-old working as a construction laborer living in a one-bedroom apartment with no money taking buses two hours each morning to get to work and two hours to get back I still remember it and I still remember a light bulb going on one night I was sitting in my little apartment in my little kitchen nook and suddenly I realized that I was responsible that I was in charge of my own life that no one was coming to rescue me and it it was one of the great turning points in my life so what you find is that all exceptional people are highly responsible individuals they see themselves as autonomous sometimes I’ll ask an audience how many people here are autonomous and some will raise their hand and others won’t I’ll say now what’s the true answer to this question and the true answer is that everyone is autonomous the biggest mistake you can make is to think that you work for anyone else but yourself even if someone else signs your paycheck for your entire life the most valuable people people in any organization are the ones who treat the company as if it were their own they see everything that happens as personally affecting them they are not the nineo fs the Hopeless ones who say yeah well I go to work when I’m not at work I don’t think about my job to these people someone has told them that that’s a smart way to think it’s the way losers think winners think about their company and when they’re not there they think about how they can improve it when something happens in their company they take it personally because they see themselves as high responsible as a result they get paid more offered more educational opportunities promoted faster and these are the people who eventually like cream rise to the top of every organization and Industry the top 3% as we bring our discussion to a close I want to leave you with a powerful truth to carry forward the path to becoming a millionaire is not a Shifty imagination but a visible reality within your reach you have discovered today that you are just one skill away from opening the doors to wealth abundance and financial freedom but remember my friends success is not simply a destination but a journey of continuous growth and self-improvement as you enter into your exploration for millionaire status commit yourself to lifelong learning Relentless persistance and unwavering determination accept challenges as opportunities for growth and never shy away from investing in yourself and your potential above all pursue a mindset of abundance gratitude and generosity true wealth is not measured entirely by the size of your bank account but by the lives you touch the contributions you make and the Legacy you leave behind thank you for joining me on this tour of Discovery and empowerment now go forth with confidence courage and conviction knowing that you are equipped with the skills knowledge and determination to achieve greatness see you later my friends and may your future be filled with prosperity abundance and the realization of your wildest dreams

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Comments (22)

  • @rannyorton June 12, 2024 Reply

    Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

  • @Robertgriffinne June 12, 2024 Reply

    Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

  • @kqsyed June 12, 2024 Reply

    Thank You Sir..

  • @MartinMwenda-gf8vq June 12, 2024 Reply

    I like the video.

  • @JasonMu-xw1fc June 12, 2024 Reply

    Who is telling you what you want to like hear … 🤥 Stay away from them …

  • @user-zk5cg6cl9m June 12, 2024 Reply

    Very clear and educative message, God bless you

  • @RoknRob46 June 12, 2024 Reply

    Gee I didn’t know that if I get a degree I’ll make good money if I do the exact same as the next guy in the same field ! ? Duh tell everyone something that they don’t know !!! Come On! Common sense ! Not telling me anything I don’t know ! What your saying is the obvious !!!

  • @willmitchell6437 June 12, 2024 Reply

    I need help to get out of my some day I'm a lahaina fire Survivor on maui if there is someone who can help me and my family I need this

  • @Erinmills98 June 12, 2024 Reply

    Things arent getting any easier. The average social security check is $2000 a month. The worst part is 22% of Americans have less than $5k saved for retirement. Start investing now! Nobody is coming to save you. better start today

  • @candicane28 June 12, 2024 Reply

    Thank you for your video because it really opened my eyes that what I know I need to do but scared to do that I was stopping myself from going forward to be financially stable. I need to let go of the fear of speaking in public. I will now let go of that fear and move forward. Thank you

  • @mohaali9300 June 12, 2024 Reply

    I need it but I don't know how to use please

  • @Sampson-jh7yq June 12, 2024 Reply

    Nobody can become financially successful overnight. They put in background work but we tend to see the finished part, One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

  • @AMNAMN-qo8rs June 12, 2024 Reply

    To obtain financial freedom, one must either be a business owner, an investor or both generating passive income particularly on a weekly or monthly basis. That's the key to living financially stable…

  • @user-nr1vf1xq6s June 12, 2024 Reply

    Ugh I like your idea so wonderful I am a woman who is Homeless and unemployed and like business .

  • @MloveT-ts4qj June 12, 2024 Reply

    Beautiful advice, soothing voice

  • @JohnsonSmith-sh6bs June 12, 2024 Reply

    Thanks for continuing updates I'd rather trade the crypto market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.

  • @ndjomonkohijean9991 June 12, 2024 Reply

    Love this video

  • @ndjomonkohijean9991 June 12, 2024 Reply

    Love this studuy

  • @ndjomonkohijean9991 June 12, 2024 Reply

    Great studies about the financially freedom

  • @OskariMottola June 12, 2024 Reply

    I'm 50 years old and living in Canada Alberta 🇨🇦I'm willing to retire at 55 if things keep going the way I planned bought my first house last month I'm glad I made a productive decision that has changed my life forever can't be more proud that I'm right now

  • @hf..7271 June 12, 2024 Reply

    💯 % ❤ I have 3 Millionaires people within my families . They are all autonomous ! I love what I’m doing and succes it’s not overnight , patient , resilient , accepted failure as a path toward succes don’t give up know your goals and work for it I’m starting from scratch my business goals I’m half way there, Thank you Jesus !

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