
The Important Life Lessons Millionaires Wish They Knew When They were Young

Knowing what you know now, don’t you just wish you can go back in time to give your younger self some great advice on life?
You aren’t alone. Even successful millionaires have a few things to tell themselves should they be able to travel back in time to their 20s.
And since jumping through time isn’t possible yet, the next best thing you can do is learn from their experiences.
Be Yourself

Katrina Ruth/Instagram — The Australian entrepreneur is currently running a multiple-million-dollar business empire
As a person who often faces the public, business coach Katrina Ruth has realized that the best way she can present herself to people is to just be herself, unapologetically. This means letting her true self shine and not an ‘edited’ or ‘filtered’ version.
‘The Katrina Ruth Show’ CEO assures that you’ll eventually give in to being yourself. It can take some time as you grow older but it will happen.
Focus on Your Strengths
Dan Lok is a businessman who owns a company that manages over two dozen businesses. With an impressive achievement like that, his advice for young people certainly holds a lot of weight.
The Canadian venture capitalist is a believer that people should focus not on their weaknesses but on the things that they’re actually good at. If you develop those skills, the market will compensate for it.
Mistakes are Part of the Process

s_bukley/Deposit Photos — Leno is another successful person who overcame dyslexia as a young man
At 70 years old, former late-night television host Jay Leno has had a lot of time to learn from experience. And his main takeaway is that making mistakes isn’t a bad thing as long as you learn from them.
Sometimes you need to learn things for yourself. As Leno put it, people like him would still touch a hot stove even after being told that it’s hot because that’s a way to learn.
Self-Doubt Can be Good
Looking at real estate mogul Barbara Corcoran today, you’d never think she was anything other than confident. But there was a time when she wasn’t.
Growing up with a learning disability called dyslexia, the young Corcoran was often bullied and called ‘the dumb kid’. This led her to have little confidence in herself.
However, she now realizes that self-doubt can be a good thing sometimes, especially when it can be used as a motivator to try harder to be better.
Accepting Loss

Patch Baker — The serial entrepreneur is currently focused on helping veteran-owned start-ups
Every success story has its own share of losses behind the scenes. The same can be said when it comes to starting a business, according to Mobius Media Solutions CEO Patch Baker.
Being a former Marine, he learned about ‘acceptable loss’, which entails being able to identify what you’re willing to lose to get to your goal. He has since applied the concept to his entrepreneurial ventures.
More in Wealth
-
`
How Much Money Does It Take To Be Considered Wealthy In The U.S.?
The United States is a large and diverse country with big regional variances and even noticeable differences from one city to...
July 31, 2022 -
`
All You Need To Know About The Cost Of Living
When you pay your monthly bills, you probably notice that certain expenses rarely change by much. This list includes things like...
July 23, 2022 -
`
Ways You Can Upscale Your Freelancing Career
According to a 2021 Freelance Forward Report by the Upwork platform, nearly 59 million Americans are getting employment through freelancing. For...
July 17, 2022 -
`
How Pakistan Is Dealing With Wealth Inequality That Prevails In The Country
It is very important that the government must intervene to address the wealth inequality in Pakistan. Relying on markets and competition...
June 27, 2022 -
`
A Healthy Lifestyle Is The Best Way To Prevent Alzheimer’s – Here’s What You Need To Do
You might have grown up hearing that Alzheimer’s is an old-age disease. Well, contrary to popular misconception, Alzheimer’s can strike someone...
June 22, 2022 -
`
A Tech Bust? Goodbye To The Good Times In Silicon Valley
Have you ever visited a party, only to see the guests starting to leave? Although the music is playing and the food...
June 13, 2022 -
`
2 Best Budget Influencers & Bloggers to Follow in 2022
Budgeting is by far the most important factor in life. Whether you are a 9 to 5 worker or a solopreneur,...
May 24, 2022 -
`
Tips For Business Moguls
To succeed in business today, you need to be flexible and have good planning and organizational skills. Many people start a...
May 12, 2022 -
`
How to Take Back Control Over Your Finances When Everything Else Is Falling Apart
The widespread disruption to normal life caused by the coronavirus pandemic not only halted the social lives of Americans but also...
May 7, 2022
You must be logged in to post a comment Login