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In this article, Team Explicit Wealth will explain the few “Rules of Money” followed by each member of Elite “Billionaire Club”. These secrets have been proved relevant for centuries, which helps a person to turn himself into a Billionaire.
We as a team understood these golden rules in complex ways after committing each of the mistakes ourselves. We are imbibing these rules in our blood to enter Billionaire Club.
We will try to relate all these rules with real-life examples to help you understand them easily.
In this article, we will be sharing some rules of money, which will change how you look at wealth.
Please take notes because this will be one of the most valuable investments you will make today.
We, as Team Explicit Wealth, need to congratulate you for taking the time…
So, without wasting furthermore time, let’s dive into the topic “17 Mind-Blowing Billionaire’s Secrets”.
Some people say that money makes the world go round.
Some people chase it tirelessly like a hamster running on a wheel.
Some people speak about money, and others have it.
Money doesn’t care about your self-esteem, your religion, where you live, or what your goals are? Money is…
You either have it, or you don’t.
You’re either making money, or you’re spending money.
Some of you might not know before reading this article because money behaves like a force in society.
Money follows specific rules, certain laws, which govern the creation and flow of capital.
Think of Money like a magnifying glass.
Whatever traits lay hidden before are now ten times bigger, and people can now notice them. The same magnifying glass lights that initial spark, which awakens these traits that were dormant before.
If you were an asshole before and then you got rich… you’re now just an asshole who’s got a more extensive bank account.
The other side of the coin is also valid.
If you are humble and generous before, nothing’s going to change when you make it.
Money also acts like gasoline. It makes the fire bigger.
It allows you to move quicker, to learn faster.
It grants access to more tools, toys, and resources.
It all depends on who you are and where you want to channel its forces.
Money doesn’t change people. It strips away the vulnerability of being poor and gives them the platform to be as they are.
If you always want to be poor, keep spending money you haven’t earned yet. This is the main reason most people never escape poverty. They borrow money to buy things they don’t need or can’t afford.
So, whose fault is this?
Some say the media, who are aggressively marketing products to these vulnerable individuals, promise happiness and your peers’ respect.
Others say it’s an education issue that nobody teaches you these things.
But it’s a personal thing.
When you’re maxing out a credit card to buy a new TV, you know what kind of choice you’re making? You see, it’s not an intelligent purchase, despite the TV being smart. It’s because of vanity.
You are sacrificing your future at the expense of your present.
People overspend on things; they can’t afford, and that’s why they’ll never break the cycle.
They’re playing catch-up with the present. So, there isn’t enough time to move into the future.
Courtesy – YouTube
This rule sounds super cheesy, like some “Law of Attraction” bullshit. But it’s not! It’s a lot deeper than positive thoughts and the universe, delivering your ideal life to you.
This rule can be broken down into two halves: –
Don’t Chase Money. This means you’re always behind money running toward it.
The fact you don’t have money is because you are stuck in this rat race.
It’s a hamster wheel that you are not going anywhere on.
If you’re chasing it, the money will keep running away from you.
You are the coyote, and the money is the roadrunner.
Nobody likes to be chased and caught.
So, you best believe that money will always run away from you when it sees you coming.
Attracting Money. This means that becoming valuable enough by yourself, that money comes to you because of your skills and aptitudes.
Let us explain.
The more valuable you become an individual; the more people will want you to solve problems for them. They will gladly run after money and bring it to you if you can help them out.
This is the fundamental difference between consumers of value and creators of value.
One spends money, while the other receives money.
The more valuable you become, the more money you’ll receive.
Courtesy – YouTube
This is the main thing, holding people back from starting.
A common belief of the average person is you need money to make money. What these people never learn is that time is more valuable than money.
Early on, you have gotten an abundance of the time you throw away.
No matter when you start, it will still take you, on average, seven years to build a business. And ten years, if you’re not as bright. And five years, if you already got some money, to begin with. But time is still an essential requirement.
The sooner you start, the sooner you’ll get there.
You’re smart because you chose to invest a couple of minutes of your precious time with us, and we could not be more grateful. You’re already learning so much from resources such as Explicit Facts.
But you need to get your hands dirty.
You need to be in the field. Whatever the domain is for you… Real-life or Digitally.
It’s shocking to us how people can’t find two hours a day to work on their side project, but they didn’t watch Netflix or lose thousands of hours lost in video games.
If you’re not rich, it’s not because you don’t have money. It’s because you’re investing your time poorly.
Courtesy – YouTube
Here’s a significant distinction we must make when it comes to learning.
Learning for us is about acquiring knowledge that can be transformed into value in your life and the lives of others. That’s what learning is.
Nobody cares; if you know all the Pokémon or the 38-digital pie, you gobbled! It’s not valuable.
Life is not a trivia show.
The knowledge that doesn’t have the potential to be manifested is not knowledge. It’s trivia!
Focus your learning on building a ladder for yourself to get out of this hall of mediocrity, most of us begin our journeys in.
Learn how to build each step and then follow through with the execution.
If your parents build a ladder for you. Then use it.
If other people have documented how ladders are built. Study them.
Here all dealt different hands in this “Game of Life”. Some holes are more profound than others. But the way out is always the same – Learn. Build. Escape. Enjoy. Teach others.
If you’re looking to make money, you need to learn how money is made. You need to practice making money. Until you get good at it, in the same way, you know to play the guitar.
Put enough time into it, and at some point, you will stop sounding like shit. Put some more time in, and you even be good at it.
Every life skill follows this principle. First, you learn, then you remove the ‘L’.
If you’re serious about changing your life, you need to start learning the fundamentals and then build on them.
Lucky for you, that there’s a boatload of resources available for you to learn, whatever your reality requires.
If we had to recommend you, a place to start. Read the book “Richest Man in Babylon”. Take notes and then read it once more. Wait for a year and then read it again. Then again, the following year. You can finish it in one sitting, and this book alone is enough for you to begin your journey.
Congratulations!!!! Because we’re living in the best time to learn, there ever was.
Education is free. All you must do is reach for it and use it.
Courtesy – YouTube
If you’ve ever questioned, “Why you earn as much as you currently do?”… It’s because of this rule.
This is the recipe for calculating how much reward a person should receive.
The more significant the contribution, the bigger the reward.
If you serve ten people, your reward will inevitably be more minor than someone who serves a million people. This rule applies to the imperfect person and the wealthiest person. It’s the foundation of value.
Starting today, you can immediately increase how much money you earn if you just follow this rule.
To increase your rewards, you need to increase your contribution. You can do this by serving more people, improving your service quality, or finding new ways to contribute. This is all there is to it.
Write these three things down and go through them every day until you figure out how to apply any of these three to your life, and you’ll immediately see a jump in the rewards you receive.
For some reason, people are only familiar with the first half of the rule.
Everybody who’s ever planted an apple tree… knows what it takes to get to enjoy the apples.
You first need to find the seed. Then the right soil. Water it. Nurture it. Take care of it. Protect it from external forces. Give it enough time, enough sunshine, and attention, and you’ll eventually get to eat your apples.
This is the same way you build a fortune.
You have never planted the right seats and never went through the process. That’s why you don’t have your money tree.
In the real world, we call these Investments or Businesses.
Even the tallest tree started as a seed. But seed by themselves doesn’t grow into a beautiful apple tree.
If you leave it on the shelf by itself, it will never develop.
These seeds that we are speaking about are ideas.
The world is filled with seeds, and the best thing is they are FREE. Ideas are FREE.
We gave those “seeds” away because it’s not the seed that grows into the tree. It’s the gardener who takes root and turns it into something valuable. You are the gardener. The sources are just ideas.
Your money tree is what you do with these ideas. And if you are willing to put in the time to grow them.
Every person who’s ever built anything knows this didn’t happen overnight.
The sooner you plant this seed and begin nurturing it, the sooner you can eat those damn apples.
Courtesy – YouTube
We know this sounds obvious, but we still can’t believe how many people break this fundamental rule.
There is a large population who just don’t care about the reason. They use a credit card for everything.
There is an even more significant portion of this population who spends everything they earn.
The first ones are already drowning. The second one is one wave away from joining them.
Your inability to control your thirst for spending is the reason why you don’t feel like your life is moving forward. These people get seduced by money. They enslaved themselves with overwhelming debt. They left their pride. Emotions take control of their spending. All debt is inevitably paid back with interest.
If you can’t afford to buy it now, you can’t afford to buy it with interest on top.
If you’re one of those who don’t like to budget things, it makes them feel cheap. It’s okay! If you still obey the rule. You can either spend less or earn more… The choice is yours.
There’s nothing wrong with enjoying an opulent lifestyle if you make sure you’re bringing in excessive capital and that at least some of that income is going to your safety net.
You know, the thing you fall back on if you get into a car crash tomorrow and can’t work for the next six months.
In our experience, there are two kinds of people.
First are the ones who love to optimise and budget.
Second, are those who want to play it big.
Both can get rich.
Those looking for the slow and sure way to wealth read the famous book “Money: Master the Game” by Tony Robbins.
For those who would rather risk it all for the big return… Read another famous book, “The Millionaire Fastlane” by MJ DeMarco.
Courtesy – YouTube
Money is just like your personal army, who should go out and bring back prisoners.
Billionaire investor Kevin O’Leary kept pushing this metaphor, and now it’s something we’ve incorporated into the way; we think about money.
Every dollar you have is your Soldier. Every morning you send them out onto the battlefield. Some will die—some Will Conquer. Your goal is for more of them to return home with prisoners.
If you start thinking about your money as your freedom soldiers, you’ll begin to be a lot more careful over the troops, and you give away when someone asks to borrow some of your soldiers… That is money.
Every time you give someone money, you run the risk of this person killing your soldiers and never seeing them again. Soldiers that would have served you well.
We know you all must be thinking, “what is this have to do with the money?”
You’ll never understand just how expensive it is to be with the wrong person until you are.
Expensive not just because divorces are costly, and if you don’t know what you’re doing… They’re going to take half of your shit because the wrong person can hold you down. They’re so close to you. They have the power to alter your fate. They can help build your wings for growth, or they can chain you to the ground.
We cannot stress enough just how important it is to be with the right person. Someone to call your partner, who is willing to go through this journey we call “life”, together with you.
You need this person to be strong, competent, and have the same goals and desires as you do.
For the road ahead of you that will be filled with difficulties with hardships. And nobody who isn’t fully committed to this journey will be able to push through.
Find the right person, and life will be a marvellous adventure.
Courtesy – YouTube
For some reason, people expect money to solve every problem out there. It’s true. It can solve most of the issues, but certainly not every single one of them.
Money is like a universal key, which can open more related locks.
Need a roof over your head? Money can solve that.
Wondering what you’re going to eat tonight? Money’s got you covered!
Your kids need school supplies, and the money will come to the rescue.
These are all money issues. Money works on them.
But it’s stupid to think that just because you have a key, you can go through a brick wall, even if there’s no door in sight.
If you’re poor, then all you see surrounding you is money problems.
Once you overcome these, you realise that there are other types of problems out there, where money has little to no power.
Poor people always judge when someone successfully commits suicide because that’s all they can see. An Abundance of money, and how could anybody need anything more than money?
However, you cannot expect a wealthy mindset from poor minded people.
Courtesy – YouTube
This is where we get into the Finesse side of things. It works like the Natural Evolution of the previous rule.
What does wealth mean? When do you know you’re wealthy?
For us, wealth is that point in your life where your desires and expectations match your reality. That’s when you win.
But it’s about the winning combination of all pillars in your life like Emotional, Intellectual, Physical, Relationships, and Finance.
It’s like collecting all the “Infinity Stones” of a successful life.
Some people are lucky to get one or two of the five combinations mentioned above, yet some become wealthy.
The peculiar thing is that all these combinations or pillars are connected.
It’s hard to win at relationships when you’re emotionally damaged.
It’s hard to build your Financial Empire if your relationship sucks and so on.
This why you see rich people who are not happy or fulfilled. In their pursuit of financial gain, they forgot all about the other pillars.
Courtesy – YouTube
We believe this sincerely.
Every person can achieve financial success if they choose to stop being lazy.
Most people think that being lazy is the opposite of working hard. But that’s not the truth.
If all it took were working hard, then the wealthiest people in the world would be coal miners, with the people installing roofs during the rainy season. No!
Being lazy has to do with your mindset, choosing hard things over convenient things.
By choosing to read the articles of Explicit Facts, instead of some website, or reading a self-help book instead of watching reality TV, or sleeping two hours less than your friends… so that you can work on your project.
Not being lazy requires you to sacrifice comfort in the present for the potential of the future.
Not being lazy means, do the things they are not willing to do today so that you can live the way they can’t tomorrow.
Money hates getting bored or stagnant.
It hates it so much it usually either dies off or flees to someone else who knows what to do with it.
Money is like a mako shark. It must keep swimming if it wants to stay alive.
Money loses value when it sits and grows in value when it’s used.
Here something. You’re unaware of the fact… that If you had $50,000 and put it under your bed for ten years. At the end of the trial, your $50,000 would be worth $30,000 in real marketplace value. This happens because of inflation, the rise of property prices, development, the cost-of-living increases, etc. That’s the cost of letting money get bored.
Put enough money aside for a rainy day and have it protected from inflation.
Everything else uses it to fortify your castle—built things. Grow things. Use the money for what it’s meant to be used for.
Courtesy – YouTube
And there goes our monetisation for this article. Hey everyone! Team Explicit Facts is over here, talking about slaves again.
Nobody wants to be a slave. Yet to the way society works, we are enslaving ourselves.
We’ve invented this fantastic tool called “Debt”. Some people use it to set themselves free. While others will lose freedom, they had to begin with.
“Bad Debt” is just the latest form of slavery.
The moment you borrow money for whatever reason, your life is no longer yours. It belongs to the creditors or to the people who loaned you the money.
You will have to trade hours of your life for the proceeds of that work to go to someone else. If that’s not slavery, we don’t know what is?
Money is always floating in between. You either own money, or money owns you.
Your only goal is to be the master of money because the alternative is just terrible.
Once you do, the money will work for you. It will grow and will keep you safe till your last breath.
Don’t let money seduce you. This is an extension of the rule number mentioned above.
Money is slippery. It has tricks and can be dangerous because of its potential.
In the same way, a knife in the hands of a professional sushi chef is a loyal servant. But in the hands of a child, the knife becomes dangerous.
Money has the appeal of showing you everything you can do with it… all that is possible, and it is easy to fall prey to its charms… because who wouldn’t want to fulfil their fantasies. But that’s precisely how money escapes from you.
The moment you gave in, that’s when you open the door for the money to slip away.
We have seen it numerous times, with people who won incredible fortunes and ended up broke and miserable just a few years later.
Our website is filled with examples of people, whose life was ruined by an influx of money because they had no idea how to control it… how to master it.
Don’t let money seduce you and see it for what it is. A Tool.
Courtesy – YouTube
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