Asking 70 Year Old Billionaires If They Have Any Regrets
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- Опубліковано 13 лис 2022
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Watch the full interview with billionaire Paul Orfalea (founder of Kinkos): • How I Turned $5,000 In...
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Have you ever wondered if all the sacrifices and hard work required to become a billionaire are even worth it? Well in this video I’m going to be asking the business tycoons behind Uggs Boots, Kinkos and Qualcomm how they built their business empire and whether or not they have any regrets.
Links to people mentioned in the video:
Brian Smith: briansmithspeaker.com/ (check out his book or book him as a speaker)
Andrew Viterbi: en.wikipedia.org/wiki/Andrew_...
Paul Orfala: www.amazon.com/Copy-This-Hype... (checK out his book!).
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Guys, don't spend your money on these fake gurus money courses. go and hussel and work hard
another scheme to steal from the mentally weak
Noha, You're a sad human being. i feel sorry for you.
The Kinkos guy serms like a miserable arse hole jerk. Feel sorry for him
"In your 20s, you really do care about people think about you.
You get to be 40, you don't really care what people think about you.
Then you get to be 60, you realise no one thought of you in the first place."
Damn, that was good.
yeah fr i was looking for this comment
You only see that in middle east and muslims! Bc they trully know how to live a life! Don’t judge based off media
@@alanbrados2574 factsss
i have the 60 year old mindset at 18
@@ProsperityRiches no you don't, you're just fooling yourself
success is when your kids wanna be with you when they're adults
Amen john
yeah this is a great quote.
Got me a bit misty eyed. Great closing message for the video Noah
Thanks noah
my dad is all about business that he disrespect me and justifies it with his unreasonable reasons
at 23, i’m gonna tell him i hate him a little bit
i hope it was worth making your son resent you
"The most cool thing I've been called my entire life; is Dad".
Legend
this right here! My mind switched gears. Love it!
That’s the way
This dude had some good jems of knowledge
Whats about “Daddy”? ;)
This one made me so so so full of awe. That guy is a legend indeed!
2:41 Billionaire: "You don't understand the luxury of waking up every morning and not worrying". You are correct.
I think about that a lot after he said it.
Money wont stop worry. At all
@@robertflanagan1364 Are you a billionaire? How do you know? My only worries are money related so for me it would be great.
@@robertflanagan1364 I agree but money can stop a good deal of worry
@@robertflanagan1364 money isnt what causes worry, its the management of money that causes it
I like how he called BS on business people “Loving their business”. I appreciate his honesty on being money driven. We need more transparency like this.
Its not transparency, its his opiniom
There definitely are people who love their businesses. Definitely not all of them though by a long-shot. I think it depends on your industry too. Can't imagine people who love water treatment or the refinement of chemicals so much they want to keep doing it after they have an exit or retire. I can imagine people who own businesses that design and make surfboards or mountain bikes or go-carts still wanting to be involved forever though. You wouldn't want to sell that business and let go of it completely
Idk man me and my client we talk lots about how we love our work, and whenevet I feel a BShitty vibe about it am like nah mate, I dont nees to work with you.
We dont make millions and millions but we are well off enough to say freak you if youre not into what you do and belueve it truly dont waste my time.
SHAQ O'NEAL: HOW NBA LEGEND BUILT $400m BUSINESS EMPIRE ua-cam.com/video/FQuQ4t7EvKo/v-deo.html
@@goldenpony822 You're not a businessman then, but a career focused worker at heart.
Kinkos billionaire is refreshing. Doesn't play it down. Says it felt great to become a billionaire. Immediately casually goes over what he sees as regrettable instead of giving a hippie answer. Has the lust for life to buy a jet but understands that the most valuable thing is family.
what’s the “hippie” answer? 😂 Spending time with your kids?
@@Alan-rw3ez No, that is a real answer. An example of a hippie answer is saying that you have no regrets because everything bad made you who you are etc.
@@mydixiewrekt5730 he didn't say he did it for his family he said he worked to become rich and now the most important thing in his life is his family
@@mydixiewrekt5730haha you must have a pretty shitty family..
If you didn’t you’d know that all good parents do what they do for their kids.
Yup. He's being honest. I like that he doesnt give typical BS answer.
I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.
First step is discovering loopholes to generate gains during volatility, It is very possible to retire big time from the current market condition without having to hold stocks long term.
most of these strategies and loopholes are better managed by experts and pros in the market, the average Investor on the other hand are left to suffer during a crash.
The issue is people always have the “I’ll have to do it myself mentality” Unapologetically, that’s why the get heavily affected during a crash and coupled with the fact we’ve had the longest bullrun ever in the American history, most folks aren’t equipped to manaqe this crash and it’s impending opportunltles well enough, so it only makes sense to seek proper guidance during these times, that’s what lnvestment-advlsers are for, been using one ever since the pandemc 2020 and I’ve been barely affected by crash, I have $850k in profit sitting in my portfolio and I’m unbothered about the market outcomes.
@@kenanporubsky2122 Impressive can you share more info?
@@lipglosskitten2610 It’s a She actually ,Christine Jane Mclean, I initially came across her on a CNBC news report then on smartadvisors and I decided to hit her up. Best decision I made to stay afloat 2020.
Can't believe we have a chance to listen to these humble billionaires. Thanks Noah
Such great guys.
@@hwago123 they seem humble. Plenty of average income and even broke dick people are more arrogant than them by a long shot.
These are all so great thanks Noah!
@@hwago123 nah that's just a dumb way to think
@@noahkagan momololkinomoo
The "Customers build your business" is a thought provoking line. Love it.
Yes that is the best line
It’s a tired line.
I wish it were still the case. Now it's all about planned obsolescence and frustrating the consumer.
It is simply the share holder vs stake holder mentality. Without consumers there would be no wealth.
I love the “success is having adult children that enjoy being with you”. I agree, money is great but life is about relationships. I think my adult kids like being with us, i know i love being with them. Larry
“You don’t understand the luxury of waking up every morning and not worrying, and thinking about what you want to think about “ just wow
I think being a moderately succesful and rational business owner will give you that.
and every employee that they underpaid to "earn" that billion gets to wake up fearful of how they will pay their bills on time.
@@Vid_Master Well said, even a reasonable dispersal of that wealth would change every employee lives and their families. People just don't understand how much money it really is/what it can do. Billionaires by their very existence choose personal power/greed over empowering others.
@@Vid_Master thats such a self loathing comment.
Howdy, yes, calling out greed and desire to control others is so self-loathing. Wowie, all the self-loathing.
Lolol
"... then you get to be 60 you realize no one ever thought of you in the first place" - 3:19 is gold.
agreed 100%
Most important statement in the video; that guy had all the zingers; except for the car wash idea that's not really mass marketable
This statement has been around for decades, just so you know.
@@debunkinghistory214 wasn't meant to be marketable. It was supposed to get the average Joe thinking and being able to just go out and make a quick 20 bucks if he wanted to hustle. It actually made a lot of sense.
The sad reality is people don't care or respect our elders. I try to help out any way I can from family to strangers because my parent taught me right to respect them because they are very wise.
I feel like my billionaire grandpa just gave me priceless gems on what life is really suppose to be like...billionaire or not. Appreciate the video Noah and team.
Shut up
"Success is when your children want to hang around you as adults." Well said...
The founder of kinkos... what a legend. Advice to live by
Amen. So good
He went to USC not Santa Cruz.
True
Success is when your children want to be with you when they are adults. I love that saying!
Becoming a dad completely changed my life. I now have different aspirations, concerns, priorities, etc. So yes, I think the best life is one with my family, as often as possible.
@Beast Mode terrible troll is terrible
Went to an expo once with a Brazilian multi-millionaire. Walked past a fruit juice stand that had a monopoly at the show. He saw the stand and was in total awe. They were juicing oranges automatically. A huge line. I thought nothing of it. The Brazilian pulled me back and asked me to count the drinks they sold in the next minute. About 15 drinks at $4 a drink. He asked what turnover would that be per day? At that moment realized how the mind of a true entrepreneur works.
XD
U should be thinking that way anyway I’m 17 and think about money everyday
@@Mystix225 Heard a saying once that we are born naked, leave this world naked. Money is necessary but having a lot of it does not guarantee happiness. That said you want enough money to be able to do what makes you happy.
@@laowai2000 agreed money makes u sad lots of the time
@@Mystix225 Nah that's bullshit. Thinking about how to make money makes you sad. No amount of money has made anyone sad.
Paul guy should start a podcast, we can't get enough of someone like that.
Lol
"When you're 60 you realize no one ever thought about you in the first place."
DAMN that hit me like a truck as a 20 year old man.
Its true you realise noo e gives a damn.selfish world
@@celticwarrior777 just glad I know now :)
I was lucly to figure this out in my mid 20's. i didnt know anybody from school any more, everybody gad carried pn eoth their own lives and i found myself in a job nobody wanted me in. It took alkng time of talking to those guys, learning from them and getting to knpw them for them to take a sine and interest in me. They essential helped me grow into a man. I grew out of that job as it no lonfer served me as it would not financialy sustain my future goals and I got a higher paid one. i no longer know or talk to any of those people. Im now in the best job I have ever had mostly due to the comradery. But im not silly. When i leave this job I will probably never hear from these people again. The only constant is my wife and family. Life is a train. And everyone is getting off and on at different stops until you reach the end of the line. Its sad. But just feel happy for people when they find the stop they are looking for.
It's very true. In my 20s I always wanted to pls people until I hit 25 then I realised no one cares. I learned the hard way
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
Do you mind sharing info on the adviser who assisted you? I’m 40 now and would love to grow my stock portfolio and plan my retirement.
I'm working with a consultant named *'Nolan Velden Brent,'* whom I discovered through a CNBC interview where he was featured. After reaching out to him, he has been providing valuable entry and exit points for the securities I focus on. If you're interested in his supervision and expertise, you can look him up online using his name. Following his trade pattern has been a rewarding experience, and I have no regrets about doing so.
I'm extremely privileged to have had the chance to be in Paul Orfalea's class at USC (University of Southern California, not Santa Cruz haha). That once a week class held at the university's best restaurant (we'd get dinner served while he taught us simple life/business lessons) on campus was the definition of what college should be about: practical scenario based exercises, stories of mistakes Paul made running Kinkos, and incredible Q&A sessions with guests/Paul's friends who were all entrepreneurs or high up members of society (a former California Supreme Court Justice taught us many great lessons). I'm incredibly grateful to Paul for everything he taught us.
I had a good chuckle at Noah confusing the meaning of SC as well.
“Waking up every morning and thinking about what YOU want to think about”…hit me like a ton of bricks!! Wow.
The guy at the end is the one who really gets it... spend time with your loved ones, nothing else matters.
Wow! What a brilliant and fascinating video. The gentleman you interviewed had such different personalities but they all acquired their wealth by listening to their instincts, taking a chance and working hard. Loved it, Noah. Great job!!!!!!!!
Great point. By interviewing wealthy people.
Don't forget the LSD.
"I had to kill a few hundred People, Sacrifice my First Born Son to The 😈 Devil, Drink Human Blood, Attend Secret Rituals, but in the End It was Worth it..."
@@thelonegerman2314 you know, writing as a guy who had lost and made money, you're damn near the mark.
Being called dad and having my adult children still wanting to be around me is priceless 😊
I'm 3 years short of being the magical 50 and I'm so looking forward to it.
Btw, this was a fantastically done video and i would like to add that as you grow older past your 40's, you not only stop giving a flying duck as to what people think about you, you also walk away from all negative and toxic people because you realize your self worth is the most priceless thing you will ever have.
I can really appreciate the Kinko guy's candor. He knows what he's talking about, he's honesty, and he doesn't mince words
All good interview subjects, but you have to love Brian Smith’s attitude and outlook on life. Another great job Noah.
"You don't understand the luxury of waking up every morning and not worrying, and thinking about what you wanna think about". I need that on my wall.
I wanna thank all the millionaires & billionaires for takin time to inform & teach us & thank u noah
Man. This video was Soo well done! You asked the most important questions that I think we all need to know. Seems like the biggest thing they had in common was hard work and commitment.
...don't forget the most important one, vision!
Laughing at what he said in 7:03 because he's so spot on (and yes I'm in my forties). Minus the swearing, I relate to him the best. He's so funny and honest - can only respect that.
I only regret not discovering Famester earlier.
The Kinkos guy was awesome.... He was just a real laid back dude
This is eye opening .. and great advice for someone starting out in Biz … great work ..
“I was in it for the money” once you love it you loose the objectivity … well said ..
He nailed it, having kids "who want to be with you when they're adults."
True
I really see Paul as an older version of myself 😂 when I was a kid, instead of spending my money on the ice cream truck when my other friends didn’t have money, I used it to buy materials for a lemonade stand and put my friends to work, I took $5 and turned it into $40 and we all had treats when I ice cream truck came. When I had no money, I got my friends to gather buckets, soap, window cleaner, and old rags for free and you know what we did? Washed cars in our neighborhood. People gladly paid a bunch of neighborhood kids to clean their car instead of causing trouble. I became disillusioned with online hustle culture for a while but the tried and true method is to bring value to the marketplace not over saturate it in hopes of personal gain. Sure there is the what’s in it for me, but what value are you bringing to someone’s day? Is their car clean? How about their thirst? What about their heart strings? Have you pulled them by kids showing true American ingenuity by using their time to improve their community instead of destroy it? (Especially poor black kids like how I grew up)
💯
The Kinkos guy has some amazing quotes in this... I like him. I like his honesty, seems like a bit of a hardass, but understands what relationships are important.
Hands down one of the best videos on UA-cam. You can replay this weekly.
Lets take notes guys.. All billionaires and no single one is wearing full designer clothes such as Gucci, Louis Vuitton etc. Great vid, so much value, thanks!!
He is too old to flex anyways…
😆
just remember he said 35k was expensive.
Dont by the products….buy the Brands! LVMH stocks 🎉
@@702prodigy He said it was expensive before he sold the business not after
"Success is when your kids wanna be around you when they're adults"... I totally agree! Plus, hearing my kids call me DAD, oh man! PRICELESS...! 👌👌
Yup
come to Asia. People have so much respect to elders.
Lol sounds nice until you have a 40 year old living in your basement
@@ohno7582 🤣🤣 I'm 38 years away from that, but thanks for the heads up. 😅
But let’s hope they eventually are able to leave you and live on their own.
so much value in this video, absolutely insane, loved it and learned a lot
Fantastic! The Kinko's guy was great. It would be amazing to see a long format video with a guy like that.
This is priceless. The biggest takeaway for me is what matters to them now. Our "why" is where we should focus while building a business.
Man it really hits home that the things they value the most are accessible to everyone
Love the phrasing of your question “How do you use curiosity to come up with business ideas?” Powerful thought I’ll be thinking on for sure!
Great interviews and perspective, thanks. Good to hear that family is important all the way to the top.
This was actually a great video and really enjoyed the watch.. thank you for the content. I think the main takeaway for me is really just that it is about the journey and not the destination.. Enjoy the ride and retire with money and wealth!
As a woman, I think other women need to hear this. Family is important. Relationships are important. I feel like too many women prioritize careers over family these days and it just leads to misery. Because your company won't be there for you when it's over. But your kids and husband will if you prioritize having good relationships. Same goes for the guys. Don't let "success" ruin your life and the lives of your family. Money can help, but it can also destroy.
Thanks a lot, you are right about that...
Men and women are different I do believe it’s important for a woman to prioritize family but for men it is different we need to work and provide for our family and we are not caretakers in the same way
@@boystobusiness Thank you! Many women don’t understand men well and project their feelings on men.
But when your old and eating cat food your kids won't help you.
I think it's balance
@@janebaker4912 lol that's why it's important to have good relationships. Definitely don't depend on your kids for your finances, but yes if you find that balance it's better than chasing that money.
GREAT video. Incredible quotes. Brainstorming how to have a beer with Paul Orfalea of Kinkos atm..
I'm an instant fan of Paul Orfalea. Funny stories and some good wisdom there.
Full of gems. Take notes Everyone.
Absolutely eye opening video. Love it. Thank You
Hey Noah, great video love it!! When can we see the full interviews? Eagerly waiting..
One takeaway on this video that I got from watching it. Sacrifice now and have fun later. The common theme is, these folks have sacrificed first before enjoying life. Others want to enjoy life first. That is why they do not achieve the pinnacle of success.
but What if you don't make it to the later part? All that sacrifice now fun later now for what?
we don't know when our day is up. Enjoy life and have fun to an extent atleast thats what I think.
So true. They also seemed to work on things they enjoyed too!
@@noahkagan definitely! I can relate to them even if I am not a billionaire. I enjoy my life now retired early. Have worked 15 years in a row non stop with investments on the side and full time work. I still do work but for enjoyment purposes only.
@@MoparSrt702 I have faith in God that if I glorify him He will bless me. I was worth $100 and broke when I came to the US. No one knows when a person will die. But true happiness can be found in both being productive, with some fun along the way. Most importantly, glorify God and he will bless you even more.
Love the videos Noah! Great advice and the Ugg founder was so down to earth love his perspective
Would be nice to see the actual full interviews! I'm pretty sure there's a hole lot of goodies that were left out. Nonetheless, thank you!
I just found your channel and I cannot say how much I've learned from this video alone. You're such a great content creator that I had to sub. Well done.
Amazing video, this was recommended to me and if these are the type of videos you put out for the people. Just wow, thanks. Subscribed
Noah you got to release the full talk with the billionaires. We need it .
Please!
Money without great relationships means nothing! Excelent video!
best video I've seen in a while, and theres millions of these videos on youtube, thanks Noah.
Loved their really different personalities, all really successful men and seemed happy with the outcome of everything. Kudos to them.
Loved it; thanks so much for making this! It’s cool to see how real they all are among the success
To the point 8:24 .. Love your work Noah. Keep up the good work
Love ya back
Noah, great video! So glad to see your channel blowing up! Awesome work!
Great editing and great questions that you asked, thanks for the video
VERY well done video, friend. Good job asking these guys to be a part of it. BRAVO!
All were so gracious
It's great to hear from them that the struggle, the hardwork, the sacrifice is all worth it. Make sure you work guys. Nothing comes out of procrastination, being lazy, unmotivated..
Just dont be blind chasing only after the money
@@namvoba5897 True, it's not the money, it's the service to humanity that brings the money.
If anyone chases money, money just rans too fast then we won't catch up, frustration follows.
Many young people who were born and raised in families of billionaires can't relate to any of those things
One of your best Noah.... Thanks for all you do!!
Truly interesting people getting some quality screen time to tell captivating stories. Brilliant
This is such an expensive conversation . ✨ Thank you for this.
All different perspectives but so much great wisdom.
"Coolest thing I've ever been called is Dad"
in your 20s you care what people think about you, in your 40s you don't.
so so true. great video!
Noah, thanks for these videos. I'm from Brazil and we don't have content like yours around here.
03:01 is the core of this whole talk! A life-long advice by the billionaire.
Met Paul when I worked @ Kinkos a few months before he sold it to Fedex, one of the Coolest People to me and he would actually talk and have conversation with anyone. He made a lot of individual Store Owners Instant Millionaires that year by selling...
This was quite mind opening, thank you for doing this. These guys are amazing.
Wow!!! This is some fire asss content! Thank you for sharing. I’m fired up with my business
This was great, loved how down to Earth this was
Brilliant video Noah! Billionaires are considered abstract shadow people. This shows them for what they are, hard-working, intelligent, and personable people.
Then there's the Jeffrey Epsteins....
They're hoarding wealth while millions are starving, fuck em.
UA-cam doing it’s work really well by recommending this great channel
What an inspiring channel this is! Im instantly hooked and subscribed.
"Family is the only real wealth."
I heard this one sentence from a movie quite a long time ago, and I've never forgotten it ever since.
And financial security gives you the opportunity to devote time to that family
The Godfather. Best movie of all time.
Kinko's is right, I've started my business this year and yes I like it being mine and learning from all this adventure but the final objective is to sell it.
Great vid! I'd love to see a longer version too
They're all amazing gents. Paul Orfalea sounds the most intelligent of em all. To everyone involved, thanks for the content.
I appreciate that Mr. Kinko regrets his lack of gratitude for his employees. I hope he has taken that wisdom and spread it to his other wealthy clique members. But I have worked in hospitals all my life and know those people in the executive suites making the big bucks don't give two shits about employees, much more, the patients.
“Now, I don’t have any bad gas. I sleep like a baby and my neck doesn’t hurt.” Now there’s a man that’s truly made it 😂
Thanks for this video, thanks for the perspective... The timing for me to see this video now is unexplainable... Can't say thanks enough!
Best video of Noah 2022 so far. N-I-C-E. Supreme stuff!
enjoyed the regrets section 🔥the greatest name he was ever called in his life was "DAD"! #lifegoals
Woah it’s so cool how you’ve got that many billionaires on here!
2:45 “thinking about what YOU wanna think about”.
I always felt like my creativity would Skyrocket if I just had time to think, freely. This would be my favorite part too 💯
When i become a billionaire , i want to be like the guy who made Kinkos . He’s a cool billionaire!
Success is having a loving family. Even these billionaires know money doesn’t mean shit if you’re not surrounded by people who truly love you.
Life is better when you have all of it. Loving family and billions. 👍
@@foreversolvent5334 life is still good when you have thousands and a family. Family is worth more than a billion
@@guilhermepicolloduarte8110 wrong!
@Beast Mode so… your mother? Your sister? “Having kids is selfish” how old are you
I definitely didn't expect this video would be so great as it is. Thank you! Bravo
This is a great interview. Love their insights. I cried a bit at the end.
That Kinko's guy just contradicts himself. "Don't lose your objectivity" and then later "we're too damn rational, be intuitive". LOL
Without objectivity , there is no end point or fulfillment . At the Same time , without intuitive, there is no thrill upon work or amusement. SO, BALANCE THOSE THINGS