If you're not happy where you are, when you are, you'll never be happy. Or... I'll be happy when I'm dead. Or... Happiness is the opiate of the masses. Or... Better to be Socrates unhappy than a pig happy. (unsatisfied) Or... So once I'm happy, then what? Or... I'm both happy and never bored. But I've still got 24 hours to fill, every single day. The good news is, on the days I have nothing of note to fill those hours, I'm still neither bored nor unhappy. In many ways I'm like a dog lying on the grass or a cat sitting on the window sill in the sun. I'm ready to spring at any moment if called to action. But in the meantime, I'm just fine if I don't have to. Perhaps this is what eternity is like.
1) Figure out how to add value to people's lives 2) Learn how to sell that value 3) Master getting rejected 4) Mindset, being an entrepreneur is not normal, learn how to grow ( find people that are successful and get a mentor, do it and do it better) 5) Surround yourself with successful people. Learn that being successful is 'possible.' 6) Learn what your flaws are and delegate 7) Circumnavigate problems by NOT surrounding yourself with 'fools' ....surround yourself with persons with discernible experience Dan.
Some very good advice. I’m a 50+ female in a 22+ year abusive relationship trying to dig my way out and get my confidence back. I am an entrepreneur at heart and supported myself before this crazy relationship with a control freak. Surrounding yourself with the right people makes all the difference. Thank you for reminding me I can still do it.
"You are only going to grow as much as what you are surrounded by." What a quote. If a person is a follower then they will not achieve more than their group. If the group is mediocre then you will not achieve. When I was in my early twenties I followed my local friends who came from poor families. To this day they are poor. I broke away and now have a psychiatric practice and a commercial real estate business. I could see how they limited me.
God bress you guys coming from a good background. What you're not getting (thank god) is that starting from "zero" does not concern money. The point it's the environment you grow and live in.Real drama is having no family, no education, thus no mindset, not knowing what a "normal" life means, lacking selfesteem and love. These are some of the things holding people back, not the lack of funding. Remember, your "nothing" may be "a lot" for some kind of people. Good video anyway, congrats!
All really solid, educated and diplomatically laid out info. Sorry for this long winded comment, I was inspired. I grew up in a very poor family and many of the issues you've presented here were very hard for me to progress past. They even liked to resurface after thinking I had passed them. I had to overcome tons of things. To start with, where are these wealthy people even at to surround yourself with and how on earth could you be in their circle?! I used a trick when i was a lot younger to overcome this one.... I was, at the time very into gems and fine minerals. I had no money, living in a van making $5-200 jewelry from quartz crystals and similar. I had a newborn and mama to support on a very very frayed shoestring. Everyone told me "go to the Tucson Gem Show". After a few years of hearing this i finally went. With less than 0 of a plan i had no idea at all what to do. A few of the guys i was around at the time got some day work with a company that has since shut down. I went with and worked for them for 3 days. I took no money from them and instead exchanged my payment for some of their minerals. This experience was ground breaking for me! I made almost nothing but it propelled something. I spent the next summer following jam bands around the USA selling food out of our van and some of the cheap jewelry i was making... all the while formulating my plan of attack for the next years show. That following year i attacked it like a tiger. I was broke, dirty, dreadlocked kid that no one wanted in their million dollar booths working, let alone talking to them. So i put on my best clothes (saying that is sort of a joke now lol) and went from room to room at the show, hotel to hotel asking for work. I was rejected over and over and over again. Many of them not even talking to me. One of the biggest promoters there would not even walk near me as his assistant shuffled me off and I fought to talk to him. I finally got him to tell me flat out no himself lol. It was the shortest and most rude conversation i've ever had. (Found out later he was a bigshot lol, didnt care at the time, bigshots are just people) Anyway, i endured days and days of this torment, going to hundreds of business booths before one guy finally told me "I dont have any work but i have a friend that might need some help". I was so relieved I almost cried! After an hour or so he confirmed his friend would need help when he gets off his flight from Czech Republic. In couple days i met with the guy. He told me the type of work, packaging minerals and unpacking them for display. His team was repulsed by him hiring me, this dirty dready kid sleeping in his van with his newborn. I didnt care, i was there to learn! He told me i would get $6 per hour which was at or near min wage at the time. I promptly responded with "I dont want your money". This of course threw him and he asked me to explain. "Keep me fed and give me rocks." I told him. Well, this of course was a huge relief for him as the was 18hrs per day of back breaking work. (literally threw my back out one year) He told his friends, you know that story. By the next year he had fired his top employee (100k ish per show paid to her) and i was running most of his show. From set up to tear down, even handling the fire chief and hiring and firing his crew. He put me in sales after 2 years as well as my other jobs. I worked for him under what i like to consider an apprenticeship for 6 years. I ended up his top person under his wife. Never taking money the whole time. Feeding ourselves only off of what i would make selling my jewelry and his rocks. He paid me with what he considered his trash rocks. In this experience i met very wealthy people from around the world, people behind things we use every day like funding the cellphone and even sheiks. I got to talk with many of them even though i was never at my bosses business dinners. It was hard to get used to some things. Like never approach him for anything if hes talking with someone. He even went to meetings that were about what to do about dreadies like me that were flocking there and making that scene look trashy and supported our lifestyle saying we make the best workers hes ever had and they should all start hiring us. I started finding people for his associates to hire as well. This level of immersion into a life among such wealthy people was a serious game changer for me. It literally changed my life! By year 2 i was making well over 50k a year, just from his trash rocks... still not taking a dime of his money for the work i did. I had networked and made valuable contacts across the market with people from around the world. Those contacts are for life too, this one sacrifice that I made, to work for this guy for free... handling a multi million dollar booth put me in front of all of the whos who of that trade. Instead of gaining contacts as a buyer, i gained contacts as an associate, a friend, a like minded person, and was seen as an equal in the trade by the time it was over and I went independent. Now, though I dont sell minerals much anymore, I can walk into nearly any booth or mineral business and be shown respect and hospitality. People still look to me as an authority on some things too. Today I dont have the biggest collection of minerals or even close but i do have some of the world's rarest things in my collection. The biggest gain though was that flip of mentality. I was bitching about money once and my boss turned to me and said something i have never forgotten. "Moneys only job is spending". That really pissed me off at first, coming from someone so wealthy to say to me. I had never made more than like 250 usd per week in my life. Yet, after it sunk in it was immensely meaningful. I've since updated that by saying "Money is tool, its only job is spending." Like any tool, you can use it in good and bad ways. A hammers only job is pounding. Yet, I can leave a hammer in a toolbox and never use it, I can kill a man with it, I can use it to prop up a table or I can build a house. All are viable ways to use a hammer and money has just as many ways as well to spend. What has made me teeter though from that learning is being around family and friends from back home... They never left, nor had the experiences I did. Their mindset didn't change when mine did. At first i thought i could just share what i learned... Boy was I wrong! The list of horrible things from that is pretty big, including being robbed out of jealousy, out-casted, you name it. It's easy when you've been raised without money to fall back into that mindset too so just living around people like that is so huge. I had to learn that 10k was not very much money. That a million isn't either. No matter how much you think is a lot, it's that amount you will find yourself reaching for instead of surpassing. When you grow up poor and you hear a wealthy person say anything like "The people you surround yourself with is important" it feels dirty, wrong and straight up pisses you off. However its one of the most true statements ever. "In the next 5 years, your income (income, mentality, all of it) will match the 5 people closest to you." Today, I accept no man as boss over me. The man that gave me that opportunity, though I have not worked for him in 15 ish years, is the only man i have willingly called and still do call "My Boss". Michael David
@@momentumstocks3493 Thanks. ALTHOUGH, our choice of work is hardly unique or original enough for anyone to rip our idea off. There are hundreds of thousands in the same line of work as ours. Lol
I wish I had known about you 11 years ago. I was running a business of my deceased boyfriend and doing well. I listened to a cousin, who ironically had a business, talk me into walking away from the business and the assets. I have not been able to recover ever since. I had no one to go to for good advice.
As an entrepreneur you need to be a good problem solver and persistent. If you cannot find a way forward you must make one. You must also be very observant...there are opportunities all around you. You must also be courageous enough to move forward where others fear to tread. Being a nomad capitalist is like being a kid in a candy store to a natural entrepreneur. It multiplies the number of opportunities you will encounter in life many times over.
Great casual talk Andrew! I agree that in order to succeed, you need to take action and find how you can add value to people's lives to be able to come up with ideal business possibilities. Thank you for sharing!
The Internet really puts on display the sharp contrast between the majority of consumer/takers and the producer/givers. Glad UA-cam recommended your channel.
that was very helpful. I remember when Robert Kiyosaki said that having bad partnerships can be the death of a good business, think that goes for every area in your life.
I really have to thank you for your 'free' content (I'm no where near a 6 figure entr!). I am on my second business which I started here in the USA as a side hussle (the first was very successful for many years), and after a couple of years and some losses and small gains, it's finally taking off, and now I'm looking to move to Eastern Europe (Bulgaria, which is gorgeous, and I can sell my tiny house here in the USA and get a HUGE house there for the same money) where I'll work with manufacturers there, and to also get my citizenship (by descent) in Poland. Thank you!
all the business advice youtubers, and e-grifters dont hammer home enough the reality that being able to talk your way into money is priceless. its understandable, given the fact that most can barely ask another person out on a date, but it really is at the top of the list. No tools, no inventory, nothing but your words.
I like the philosophy of surrounding yourself with experience. People who have been there and made the mistakes. As they saying goes; “You have to learn from others mistakes, because you’re not going to live long enough to make them all yourself.”
Figure out what you're good at and interested in, that's MORALLY a good thing for people and society. Then focus almost exclusively on that one thing while only maintaining only the things needed to keep that one thing going. Work hard, accept only the help you need and exclude the rest (which is most of it). Give it time. Be patient. Fight hard. Then youll have it.
I love your channel. Great videos, I like how you’re super relatable and honest. A lot of other financial experts seem to just repeat the same lines over and over. Thanks for the content.
I was broke in Canada, then I saved and moved to another country. It was hard. But I think it's very hard to get ahead in western countries. At least I never fit in. We don't value entrepreneurship, our laws don't support it. We are inflexible and I just approach problems differently then anyone, any manager and what is usually called "taking charge". I moved, to China at first, I got lucky as well, met the right people and now I do quite well and employ about 100 people and I'm onto my third business. I have asked others to move, find a place with more opportunities, but they always refuse, even though I offer to pay. They are just scared and don't want to take a chance or be uncomfortable, so they stay where they are, which is miserable. I wish more North Americans would live in an Asian culture for a couple of years. I think it would make people more flexible and see there are many ways to do things.... unfortunately I do also meet a lot of people who do move, and then constantly state "things should be done this way, this is stupid, back home this is...." and so they never see the opportunity all-around them...being nice is also a way to get a head.....sigh. You come across as very nice and I think that's amazing.
So many self-made multimillionaire entrepreneurs (myself included) start their success stories with lessons they learned while cold calling. I will also add that I cold called for 20 years before I started killing it financially.
I am starting out on my wealth building journey seriously this year, and Ive got a lot more to learn being an immigrant in the US, but I’m willing to do the work. The one issue I have as an introvert is being able to let go of my natural tendencies to exist solo (this is my biggest comfort zone) or with very few solid inner circle members. This has impeded my openness to network and make new sets of acquaintances.
Really like your videos. Finished university right now, and dont know what to do yet. But one day, i hope i will talk to you,so you can make a plan to lower my taxes. From Portugal!
@Niklas K excelent I live in Barcelona for now. I want to get out of here, they're many changes so quickly for entrepreneurs o small business. That's made me thinking about. I will rater live in Portugal or Mexico or some place in the middle east. I will be more than happy to get on your boat. What can I do?
What a GAM!!! I love his mind😍 Such a grace and sincerety combination in one place, lovely mix!❤ So proud that he is also a Lithuanian❤❤❤💛💚❤ Sekmes ieskojiemuose!
Great video as always, Mr. Henderson. I would advise people who want to grow their business to know know their value and not to be afraid to charge handsomely for it. They should try to develop a wealthy clientele, do an excellent job for them, and watch the referrals pour in. I am a university professor and I own a tutoring business, but it doesn't matter if they are a landscaper or a tax attorney. If you target the affluent and do a great job for them, you will see your business grow.
This was very informative and frankly super down to earth. I'm 22 and my goals are to have an income that gives me flexibility and the lifestyle I want, and most 9-5s just don't cut it. I've only recently started taking my life seriously, cutting down on bad habits, videogames, smoking, fostering good habits etc and I've realised there's different areas of my life I can focus on... health, social life, romance, hobbies.. and work life/career, which is something I've never thought seriously about before. Your videos help me greatly, thank you!
I thought I was the only one who received letters from the local Government that my ad was misleading, Tax issues, fines, problem employees who forget there employees, out of control landlords, business flooded, being served, marshals, sued at least once a year, and now a new one, A class action law suit.Yes it is lonely at the top and not easy to make $40,000 a month.
Great! particularly the insights into your experiences in the radio business: most success stories never actually go into the nitty-gritty of how they actually 'did it', in enough detail.
Great video, one aspect that we really share in common is the focus on niche kind of businesses/enterprises which is really help today as many business areas become super saturated in select industries. Over time those niches businesses/enterprises can develop into much larger business offerings and be a much bigger enterprise. My dad has a friend from many many years back who now co-owns a company that grosses over 120 million dollars a year with his business partner which is based in Asia and initially this man began with a very niche focus and only concentrating on select products and slowly scaling out over time. There is more to this story which I can elaborate on at later time but one other interesting point about this guy is he does not put himself out their and many people on the street would never assume that he had a 9 figure net worth as he focuses more on the action and execution of his enterprise rather then a glamorous lifestyle this enterprise could bring him. Have a nice week everyone!
Sure, here in Taiwan, there is an ex basic sales rep who was pushed by Steve Jobs 30 years ago to sell more and more, from metal sheet tooling into metal components, then PC cases, then entire PC and now he, ups his group makes 150 BILLION US$ with Apple and others, even forced by them to buy the rotten Japan Sharp and get them out of bankruptcy :) cc @Nomad Capitalist
The best advice he gave was at the beginning: "What can I do to help you"? Even if it is free, like he explained, it gets you in position with that customer. What he did not tell you: If you want a customer, try to start by being their customer first. As far as finding gurus, that sage that comes along in the movies does not come along that often, or they are just passing through quickly. You are becoming the guru by listening to others and by making mistakes. Look at cost benefit ratios. If it costs little time and money to try, then do it.
now, i realize why i have few friends. mindset. i'm not the one who's lacking. winners like you, sir, will be my friends thru the airwaves until i am at the level where i am around 3D people who don't limit themselves.
I’ve been traveling for about a decade now. My first hundred thousand made me realize how broke I am. Really glad I found your channel. I’m now making 11.85% and 12.45% on my money in Tbilisi paid monthly, have a stock portfolio that can gain some traction while I build out my web store which I’m learning by doing and some part time price:mark crypto trading, Hoping to launch the website before end of year and become HK registered. I’ll keep tuning into your channel and a big thanks for the information so far. Hope to be one of your clients someday and Looking for information to scale and automate so I can get into RealEstate.
I don’t subscribe to the idea that it’s lonely at the top. That is a self limiting belief. The majority of people in society might not understand what you are doing, but that doesn’t mean you have to be lonely. You can find a core group of 5 or so friends that are wonderful, supportive friends. That’s all the amount of good friends the average person has as well. Being misunderstood by the masses doesn’t automatically equal loneliness. Edit: the rest of this is golden
Agreed, and hes so positive! Love the terms...push-back, push-thru, go around. Its financial AND psych therapy for me. Its refreshing for those of us who's financial education was basically Gordon Gecko in the original Wallstreet. Thanks Andrew 👍🏻😄
I love your content and success. You mentioned not having people around you that frustrate you. I think there's a risk in that policy you should consider. You need at least one contrarian who can force you to see things from another vantage point. Otherwise, you can find yourself surrounded by 'yes-men.' Love your "Go where you're treated best" philosophy. Best wishes.
There is a huge difference between people with differing opinions (which is good), and nasty, obnoxious people who view their insults as "truth telling". Sometimes a jerk is just a jerk.
@@nomadcapitalist Good point. I guess I misinterpreted your comment. Thanks for clarifying. I just found your channel and I feel like I've had an epiphany. Keep up the good work.
It is absolutely incredible to hear where you were 16 years ago to now. I truly would love to have a mentor like you. Please let me know if you take people under your wing that can learn from you, as I would be grateful for the opportunity to sign up.
This is your best video, concise practical information. You are not responsible for other people's happiness. Avoid people who chose to stay in the same place.
@@nomadcapitalist Keep up the videos Andrew...to help open the eyes of the Millennial generation to the possibilities abroad. Wish I had meet you 10-15 years ago...Expat salutes to you, currently in Caracas Venezuela, running a outsourcing business with local talents.
peter behringer isn’t Venezuela goin through currency crises and stuff , isn’t it hard for you to get stuff done? wonder if they gonna adopt bitcoin tho😒
I think your content is the only thing keeping me mentally afloat right now, please make more I wish I had found this 14 years ago. Many thanks. Sincerely.
Was having a chat with Heidi and Toby a little while ago about citizenship, different countries and crypto. I said they should make some related content as many of their viewers would probably enjoy it. They told me it’s already being done well and sent me your way. Here I am. I like what you are doing. 👍🏼
Actually for a while I went to job interviews in restaurants because I wanted to start my own restaurant and needed capital. It might work, it didn't really for me but you're right, good contacts go a long way.
Dang just finding out about your channel. Better later than never though. I'm sure you'll agree. My problem is I need to get away from those that have as you mentioned settled. With current atmosphere its time to get down and get going. I feel a squeeze coming on. Thank you 😊 💓 ☺
So on top of being finacial knowledge, the way he described the incredulous people sheds light on situations i have lived but didnt find an explanation till now. Great vid
Definitely love what is said here. Lots of good value in this video. One question arises, how do you go about in a logical manner figuring out what you can add value to people's lives? What steps would you take? Are there sites you would use?
Good analysis Andrew. I always enjoy hearing your perspective as a business owner (as well as the actual content of your business). So I'm also enjoying your new CapiTEAlist format.
I love my wife, but I think she indirectly has been keeping me from growing because she has a very conformist and skeptical mindset and usually frowns upon my ideas.
If you are a leader, you won't get hindered by this :) Had same problem, first parents, later my ex wife, but it just needs a little more power to get this problem solved too ^^
Just roll with your ideas regardless man, Men test ideas, women test men. If you’re right and it works she’ll be on board, you’re wife isn’t holding you back, she’s just not giving you affirmation.
Andrew’s dad never spent enough time instructing him on lawn mowing, carpenter, plumbing or electrical. When the apocalypse comes, he’ll be toast in the first wave
Hey Andrew, you’re absolutely right of course. I think I’d love to hear your views on scalability. For instance I’m starting up my fine furniture making wood shop but it requires a high skill level so that’s down to me making it work. Training others to be able to run the production so I can go out and sell is only a little bit possible because it takes 10 years to get good. So I’m also trying to start up a little market garden business as well and that when I plan it out looks like it can scale up quite well. One you can add value by just growing more but without too much extra effort, the other is based upon one’s own skills and so is locked into how many hours you can put into the work.
Hi Andrew, thanks for another great video. Aren't the teas just delish? My favourite here in Sydney is a lemongrass blend. Fare winds and wishing you pleasant comments. Brian
I really like your niche content man. I'm eyeballing Albania big time. Sarande. I can get sea view for forty thousand pounds and skirt UK stamp duty. (Canadian ex pated to Edinburgh). You've also alerted me to Tbilisi. Looks like a fucking cool place! Can't believe actually how many people live there it's seemingly legit, and good banks. Anyway bro, cheers!
I forget who said it: “It May be lonely at the top, but it’s frustrating in the middle and miserable at the bottom!”
Great quote!👏
Ha ha 100%
Nailed!
If you're not happy where you are, when you are, you'll never be happy.
Or...
I'll be happy when I'm dead.
Or...
Happiness is the opiate of the masses.
Or...
Better to be Socrates unhappy than a pig happy. (unsatisfied)
Or...
So once I'm happy, then what?
Or...
I'm both happy and never bored. But I've still got 24 hours to fill, every single day.
The good news is, on the days I have nothing of note to fill those hours, I'm still neither bored nor unhappy. In many ways I'm like a dog lying on the grass or a cat sitting on the window sill in the sun. I'm ready to spring at any moment if called to action. But in the meantime, I'm just fine if I don't have to.
Perhaps this is what eternity is like.
Anyone who thinks money can't buy happiness...
...Doesn't know where to shop!
1) Figure out how to add value to people's lives
2) Learn how to sell that value
3) Master getting rejected
4) Mindset, being an entrepreneur is not normal, learn how to grow ( find people that are successful and get a mentor, do it and do it better)
5) Surround yourself with successful people. Learn that being successful is 'possible.'
6) Learn what your flaws are and delegate
7) Circumnavigate problems by NOT surrounding yourself with 'fools' ....surround yourself with persons with discernible experience
Dan.
Thanks
Thank you
Thanks for sharing.
Legend!!! Thank you!
Thank you!
"Nomad Capitalist" should be a required class somewhere along an individual's course of study. Worldwide. Keep up the good work Señor Andrew.
Great words! Thanks Elly😍
Some very good advice. I’m a 50+ female in a 22+ year abusive relationship trying to dig my way out and get my confidence back. I am an entrepreneur at heart and supported myself before this crazy relationship with a control freak. Surrounding yourself with the right people makes all the difference. Thank you for reminding me I can still do it.
You can do anything you believe you can. 💚
You got this, it is lots of little steps in the right direction and I hope all is going well with you.
Andrew, bless you. You are a truly generous soul. The world is a better place because of you.
So nice of you, thanks!
"You are only going to grow as much as what you are surrounded by." What a quote. If a person is a follower then they will not achieve more than their group. If the group is mediocre then you will not achieve. When I was in my early twenties I followed my local friends who came from poor families. To this day they are poor. I broke away and now have a psychiatric practice and a commercial real estate business. I could see how they limited me.
God bress you guys coming from a good background. What you're not getting (thank god) is that starting from "zero" does not concern money. The point it's the environment you grow and live in.Real drama is having no family, no education, thus no mindset, not knowing what a "normal" life means, lacking selfesteem and love. These are some of the things holding people back, not the lack of funding. Remember, your "nothing" may be "a lot" for some kind of people. Good video anyway, congrats!
Thanks!
So true!
Wow, well--said! 🤔👍🏻
All really solid, educated and diplomatically laid out info. Sorry for this long winded comment, I was inspired.
I grew up in a very poor family and many of the issues you've presented here were very hard for me to progress past. They even liked to resurface after thinking I had passed them. I had to overcome tons of things. To start with, where are these wealthy people even at to surround yourself with and how on earth could you be in their circle?!
I used a trick when i was a lot younger to overcome this one.... I was, at the time very into gems and fine minerals. I had no money, living in a van making $5-200 jewelry from quartz crystals and similar. I had a newborn and mama to support on a very very frayed shoestring. Everyone told me "go to the Tucson Gem Show". After a few years of hearing this i finally went. With less than 0 of a plan i had no idea at all what to do. A few of the guys i was around at the time got some day work with a company that has since shut down. I went with and worked for them for 3 days. I took no money from them and instead exchanged my payment for some of their minerals. This experience was ground breaking for me! I made almost nothing but it propelled something.
I spent the next summer following jam bands around the USA selling food out of our van and some of the cheap jewelry i was making... all the while formulating my plan of attack for the next years show. That following year i attacked it like a tiger. I was broke, dirty, dreadlocked kid that no one wanted in their million dollar booths working, let alone talking to them. So i put on my best clothes (saying that is sort of a joke now lol) and went from room to room at the show, hotel to hotel asking for work. I was rejected over and over and over again. Many of them not even talking to me. One of the biggest promoters there would not even walk near me as his assistant shuffled me off and I fought to talk to him. I finally got him to tell me flat out no himself lol. It was the shortest and most rude conversation i've ever had. (Found out later he was a bigshot lol, didnt care at the time, bigshots are just people) Anyway, i endured days and days of this torment, going to hundreds of business booths before one guy finally told me "I dont have any work but i have a friend that might need some help".
I was so relieved I almost cried! After an hour or so he confirmed his friend would need help when he gets off his flight from Czech Republic. In couple days i met with the guy. He told me the type of work, packaging minerals and unpacking them for display. His team was repulsed by him hiring me, this dirty dready kid sleeping in his van with his newborn. I didnt care, i was there to learn! He told me i would get $6 per hour which was at or near min wage at the time. I promptly responded with "I dont want your money". This of course threw him and he asked me to explain. "Keep me fed and give me rocks." I told him. Well, this of course was a huge relief for him as the was 18hrs per day of back breaking work. (literally threw my back out one year) He told his friends, you know that story.
By the next year he had fired his top employee (100k ish per show paid to her) and i was running most of his show. From set up to tear down, even handling the fire chief and hiring and firing his crew. He put me in sales after 2 years as well as my other jobs. I worked for him under what i like to consider an apprenticeship for 6 years. I ended up his top person under his wife. Never taking money the whole time. Feeding ourselves only off of what i would make selling my jewelry and his rocks. He paid me with what he considered his trash rocks.
In this experience i met very wealthy people from around the world, people behind things we use every day like funding the cellphone and even sheiks. I got to talk with many of them even though i was never at my bosses business dinners. It was hard to get used to some things. Like never approach him for anything if hes talking with someone. He even went to meetings that were about what to do about dreadies like me that were flocking there and making that scene look trashy and supported our lifestyle saying we make the best workers hes ever had and they should all start hiring us. I started finding people for his associates to hire as well. This level of immersion into a life among such wealthy people was a serious game changer for me. It literally changed my life! By year 2 i was making well over 50k a year, just from his trash rocks... still not taking a dime of his money for the work i did. I had networked and made valuable contacts across the market with people from around the world. Those contacts are for life too, this one sacrifice that I made, to work for this guy for free... handling a multi million dollar booth put me in front of all of the whos who of that trade. Instead of gaining contacts as a buyer, i gained contacts as an associate, a friend, a like minded person, and was seen as an equal in the trade by the time it was over and I went independent. Now, though I dont sell minerals much anymore, I can walk into nearly any booth or mineral business and be shown respect and hospitality. People still look to me as an authority on some things too. Today I dont have the biggest collection of minerals or even close but i do have some of the world's rarest things in my collection.
The biggest gain though was that flip of mentality. I was bitching about money once and my boss turned to me and said something i have never forgotten. "Moneys only job is spending". That really pissed me off at first, coming from someone so wealthy to say to me. I had never made more than like 250 usd per week in my life. Yet, after it sunk in it was immensely meaningful. I've since updated that by saying "Money is tool, its only job is spending." Like any tool, you can use it in good and bad ways. A hammers only job is pounding. Yet, I can leave a hammer in a toolbox and never use it, I can kill a man with it, I can use it to prop up a table or I can build a house. All are viable ways to use a hammer and money has just as many ways as well to spend.
What has made me teeter though from that learning is being around family and friends from back home... They never left, nor had the experiences I did. Their mindset didn't change when mine did. At first i thought i could just share what i learned... Boy was I wrong! The list of horrible things from that is pretty big, including being robbed out of jealousy, out-casted, you name it. It's easy when you've been raised without money to fall back into that mindset too so just living around people like that is so huge. I had to learn that 10k was not very much money. That a million isn't either. No matter how much you think is a lot, it's that amount you will find yourself reaching for instead of surpassing.
When you grow up poor and you hear a wealthy person say anything like "The people you surround yourself with is important" it feels dirty, wrong and straight up pisses you off. However its one of the most true statements ever. "In the next 5 years, your income (income, mentality, all of it) will match the 5 people closest to you."
Today, I accept no man as boss over me. The man that gave me that opportunity, though I have not worked for him in 15 ish years, is the only man i have willingly called and still do call "My Boss".
Michael David
Thank you
We started out with nothing. We are going on our 40th year in business.
Congrats! What kind of business?
@@tipr8739
Home furnishings/home improvement.
@@tipr8739
Thanks!
@@momentumstocks3493
Thanks.
ALTHOUGH, our choice of work is hardly unique or original enough for anyone to rip our idea off. There are hundreds of thousands in the same line of work as ours. Lol
I wish I had known about you 11 years ago. I was running a business of my deceased boyfriend and doing well. I listened to a cousin, who ironically had a business, talk me into walking away from the business and the assets. I have not been able to recover ever since. I had no one to go to for good advice.
Thanks Andrew, brilliant. Your calm demeanour is another great example for others to follow as well as the solid advice you’ve given
That's very kind of you; thank you.
I do think it's impressive that you're publishing daily without any reduction in quality or information. Certainly W.G Hill of the 21st century.
As an entrepreneur you need to be a good problem solver and persistent. If you cannot find a way forward you must make one. You must also be very observant...there are opportunities all around you. You must also be courageous enough to move forward where others fear to tread. Being a nomad capitalist is like being a kid in a candy store to a natural entrepreneur. It multiplies the number of opportunities you will encounter in life many times over.
Great casual talk Andrew! I agree that in order to succeed, you need to take action and find how you can add value to people's lives to be able to come up with ideal business possibilities. Thank you for sharing!
The Internet really puts on display the sharp contrast between the majority of consumer/takers and the producer/givers. Glad UA-cam recommended your channel.
that was very helpful. I remember when Robert Kiyosaki said that having bad partnerships can be the death of a good business, think that goes for every area in your life.
I really have to thank you for your 'free' content (I'm no where near a 6 figure entr!). I am on my second business which I started here in the USA as a side hussle (the first was very successful for many years), and after a couple of years and some losses and small gains, it's finally taking off, and now I'm looking to move to Eastern Europe (Bulgaria, which is gorgeous, and I can sell my tiny house here in the USA and get a HUGE house there for the same money) where I'll work with manufacturers there, and to also get my citizenship (by descent) in Poland. Thank you!
all the business advice youtubers, and e-grifters dont hammer home enough the reality that being able to talk your way into money is priceless. its understandable, given the fact that most can barely ask another person out on a date, but it really is at the top of the list. No tools, no inventory, nothing but your words.
I like the philosophy of surrounding yourself with experience. People who have been there and made the mistakes. As they saying goes; “You have to learn from others mistakes, because you’re not going to live long enough to make them all yourself.”
Figure out what you're good at and interested in, that's MORALLY a good thing for people and society.
Then focus almost exclusively on that one thing while only maintaining only the things needed to keep that one thing going.
Work hard, accept only the help you need and exclude the rest (which is most of it).
Give it time. Be patient. Fight hard.
Then youll have it.
I love your channel. Great videos, I like how you’re super relatable and honest. A lot of other financial experts seem to just repeat the same lines over and over. Thanks for the content.
I was broke in Canada, then I saved and moved to another country. It was hard. But I think it's very hard to get ahead in western countries. At least I never fit in. We don't value entrepreneurship, our laws don't support it. We are inflexible and I just approach problems differently then anyone, any manager and what is usually called "taking charge". I moved, to China at first, I got lucky as well, met the right people and now I do quite well and employ about 100 people and I'm onto my third business. I have asked others to move, find a place with more opportunities, but they always refuse, even though I offer to pay. They are just scared and don't want to take a chance or be uncomfortable, so they stay where they are, which is miserable. I wish more North Americans would live in an Asian culture for a couple of years. I think it would make people more flexible and see there are many ways to do things.... unfortunately I do also meet a lot of people who do move, and then constantly state "things should be done this way, this is stupid, back home this is...." and so they never see the opportunity all-around them...being nice is also a way to get a head.....sigh.
You come across as very nice and I think that's amazing.
So many self-made multimillionaire entrepreneurs (myself included) start their success stories with lessons they learned while cold calling. I will also add that I cold called for 20 years before I started killing it financially.
You think cold calling does not work?
I am starting out on my wealth building journey seriously this year, and Ive got a lot more to learn being an immigrant in the US, but I’m willing to do the work. The one issue I have as an introvert is being able to let go of my natural tendencies to exist solo (this is my biggest comfort zone) or with very few solid inner circle members. This has impeded my openness to network and make new sets of acquaintances.
Really like your videos. Finished university right now, and dont know what to do yet. But one day, i hope i will talk to you,so you can make a plan to lower my taxes. From Portugal!
@Niklas K excelent I live in Barcelona for now. I want to get out of here, they're many changes so quickly for entrepreneurs o small business. That's made me thinking about. I will rater live in Portugal or Mexico or some place in the middle east. I will be more than happy to get on your boat. What can I do?
What a GAM!!! I love his mind😍 Such a grace and sincerety combination in one place, lovely mix!❤
So proud that he is also a Lithuanian❤❤❤💛💚❤
Sekmes ieskojiemuose!
Ačiū, Roma.
Great video as always, Mr. Henderson. I would advise people who want to grow their business to know know their value and not to be afraid to charge handsomely for it. They should try to develop a wealthy clientele, do an excellent job for them, and watch the referrals pour in. I am a university professor and I own a tutoring business, but it doesn't matter if they are a landscaper or a tax attorney. If you target the affluent and do a great job for them, you will see your business grow.
Well said.
So basically nothing about how to start a business and all about surrounding yourself with successful people. Makes sense
This was very informative and frankly super down to earth. I'm 22 and my goals are to have an income that gives me flexibility and the lifestyle I want, and most 9-5s just don't cut it. I've only recently started taking my life seriously, cutting down on bad habits, videogames, smoking, fostering good habits etc and I've realised there's different areas of my life I can focus on... health, social life, romance, hobbies.. and work life/career, which is something I've never thought seriously about before. Your videos help me greatly, thank you!
I thought I was the only one who received letters from the local Government that my ad was misleading, Tax issues, fines, problem employees who forget there employees, out of control landlords, business flooded, being served, marshals, sued at least once a year, and now a new one, A class action law suit.Yes it is lonely at the top and not easy to make $40,000 a month.
Great! particularly the insights into your experiences in the radio business: most success stories never actually go into the nitty-gritty of how they actually 'did it', in enough detail.
Absolute JEWELS of wisdom in this video!
I'm not normal and never wanted the normal :) Nice content , love the humbleness
Great video, one aspect that we really share in common is the focus on niche kind of businesses/enterprises which is really help today as many business areas become super saturated in select industries. Over time those niches businesses/enterprises can develop into much larger business offerings and be a much bigger enterprise. My dad has a friend from many many years back who now co-owns a company that grosses over 120 million dollars a year with his business partner which is based in Asia and initially this man began with a very niche focus and only concentrating on select products and slowly scaling out over time. There is more to this story which I can elaborate on at later time but one other interesting point about this guy is he does not put himself out their and many people on the street would never assume that he had a 9 figure net worth as he focuses more on the action and execution of his enterprise rather then a glamorous lifestyle this enterprise could bring him. Have a nice week everyone!
Sure, here in Taiwan, there is an ex basic sales rep who was pushed by Steve Jobs 30 years ago to sell more and more, from metal sheet tooling into metal components, then PC cases, then entire PC and now he, ups his group makes 150 BILLION US$ with Apple and others, even forced by them to buy the rotten Japan Sharp and get them out of bankruptcy :) cc @Nomad Capitalist
The best advice he gave was at the beginning: "What can I do to help you"? Even if it is free, like he explained, it gets you in position with that customer. What he did not tell you: If you want a customer, try to start by being their customer first. As far as finding gurus, that sage that comes along in the movies does not come along that often, or they are just passing through quickly. You are becoming the guru by listening to others and by making mistakes. Look at cost benefit ratios. If it costs little time and money to try, then do it.
now, i realize why i have few friends. mindset. i'm not the one who's lacking. winners like you, sir, will be my friends thru the airwaves until i am at the level where i am around 3D people who don't limit themselves.
I’ve been traveling for about a decade now. My first hundred thousand made me realize how broke I am. Really glad I found your channel. I’m now making 11.85% and 12.45% on my money in Tbilisi paid monthly, have a stock portfolio that can gain some traction while I build out my web store which I’m learning by doing and some part time price:mark crypto trading, Hoping to launch the website before end of year and become HK registered. I’ll keep tuning into your channel and a big thanks for the information so far. Hope to be one of your clients someday and Looking for information to scale and automate so I can get into RealEstate.
Is the return you mentioned in bank accounts or other assets?
I don’t subscribe to the idea that it’s lonely at the top. That is a self limiting belief. The majority of people in society might not understand what you are doing, but that doesn’t mean you have to be lonely. You can find a core group of 5 or so friends that are wonderful, supportive friends. That’s all the amount of good friends the average person has as well. Being misunderstood by the masses doesn’t automatically equal loneliness.
Edit: the rest of this is golden
This was an interesting discussion. I learned a lot.🎉
I've heard that everyone is the composite of the 5 people you spend the most time with.
I need new friends!!
Love the talk. Reaffirms my path when I listen to like minded individuals.
Thank you, Ian.
Agreed, and hes so positive! Love the terms...push-back, push-thru, go around. Its financial AND psych therapy for me. Its refreshing for those of us who's financial education was basically Gordon Gecko in the original Wallstreet. Thanks Andrew 👍🏻😄
I love your content and success. You mentioned not having people around you that frustrate you. I think there's a risk in that policy you should consider. You need at least one contrarian who can force you to see things from another vantage point. Otherwise, you can find yourself surrounded by 'yes-men.' Love your "Go where you're treated best" philosophy. Best wishes.
There is a huge difference between people with differing opinions (which is good), and nasty, obnoxious people who view their insults as "truth telling". Sometimes a jerk is just a jerk.
@@nomadcapitalist Good point. I guess I misinterpreted your comment. Thanks for clarifying. I just found your channel and I feel like I've had an epiphany. Keep up the good work.
Thank you, Todd.
Can’t believe you’re putting these videos out for free, awesome advice
Glad you like them!
It is absolutely incredible to hear where you were 16 years ago to now. I truly would love to have a mentor like you. Please let me know if you take people under your wing that can learn from you, as I would be grateful for the opportunity to sign up.
Andrew is taking you -- and me -- under his wing through his broadcasts.
That must be like the best video in UA-cam. A slap for the mind.
I love these chats I greatly appreciate your time just sitting and talking about these different things
6:45 Sales is simply connecting to people with something of value
This is your best video, concise practical information. You are not responsible for other people's happiness. Avoid people who chose to stay in the same place.
I'm a coffee guy but when I do enjoy tea it's nice to try something new 🔥
Good show tips today. Reminded me of my humble start before I left the US in 1999 to live & work abroad..
Thanks, Peter.
Lucky you.
@@nomadcapitalist Keep up the videos Andrew...to help open the eyes of the Millennial generation to the possibilities abroad. Wish I had meet you 10-15 years ago...Expat salutes to you, currently in Caracas Venezuela, running a outsourcing business with local talents.
peter behringer isn’t Venezuela goin through currency crises and stuff , isn’t it hard for you to get stuff done? wonder if they gonna adopt bitcoin tho😒
i just stumbled across this vid and i think i'm in love with this guy
Glad to have you.
@@nomadcapitalist buddy. i am gonna save every cent from my pathetic 9-5 job to get to that conference. i feel like i'll learn so much from it
Not kidding. I just got over my distain for wealth that I didn't realize I had. Wow.
I sent you an email several years ago asking how to start from nothing so I’m excited to see what you’re going to say
I think your content is the only thing keeping me mentally afloat right now, please make more I wish I had found this 14 years ago. Many thanks. Sincerely.
Was having a chat with Heidi and Toby a little while ago about citizenship, different countries and crypto.
I said they should make some related content as many of their viewers would probably enjoy it. They told me it’s already being done well and sent me your way.
Here I am. I like what you are doing. 👍🏼
This Nomad CapiTEAlist deal is very enjoyable. Good stuff Andrew. Keep them coming.
Actually for a while I went to job interviews in restaurants because I wanted to start my own restaurant and needed capital. It might work, it didn't really for me but you're right, good contacts go a long way.
Dang just finding out about your channel. Better later than never though. I'm sure you'll agree. My problem is I need to get away from those that have as you mentioned settled. With current atmosphere its time to get down and get going. I feel a squeeze coming on. Thank you 😊 💓 ☺
So on top of being finacial knowledge, the way he described the incredulous people sheds light on situations i have lived but didnt find an explanation till now. Great vid
Thank you
Only Stay with positive people…
Definitely love what is said here. Lots of good value in this video. One question arises, how do you go about in a logical manner figuring out what you can add value to people's lives? What steps would you take? Are there sites you would use?
Bang. Nail. Head. Bloody good advice. I like that video - great attitude. Spot on the money.
Thank you!
I really like this episode! espcially like the rejection part!
Radio station closest to the glove box... I literally laughed out loud 😃
😅😅😅
Fine work! Excellent advice: simple, precise, clear, direct, honest and full of hard truths! BRAVO!👏👏👏
Good analysis Andrew. I always enjoy hearing your perspective as a business owner (as well as the actual content of your business). So I'm also enjoying your new CapiTEAlist format.
I appreciate that! 😍
This is my new favorite channel. Thank you for the information and the inspiration!
I love my wife, but I think she indirectly has been keeping me from growing because she has a very conformist and skeptical mindset and usually frowns upon my ideas.
I See myself little bit in this comment
If you are a leader, you won't get hindered by this :) Had same problem, first parents, later my ex wife, but it just needs a little more power to get this problem solved too ^^
Hard maybe. But maybe go against her grain by being internally independent while being outwardly pleasant
@@susanrocca6108 Nice advice. I’m going to try this.
Just roll with your ideas regardless man,
Men test ideas, women test men.
If you’re right and it works she’ll be on board, you’re wife isn’t holding you back, she’s just not giving you affirmation.
Awesome advise! Happy to subscribe, I just ordered your book - I'll have it in my hand by this time tomorrow. I can't wait to dive into it.
Glad to hear that, Rocc! Thanks for your support.
Mastering the Art of Being Rejected....this is Superb advice
Thank you for sharing these million dollar tips in starting a business from the nothing. 🙏🏼
Very honest and down to earth! Thank you a million!
Blessed be the meek, for they shall inherit the earth because they're always hiring help. 😎
Thank you Andrew, you are a swell guy!
Thought provoking video, which brings to mind this question. Do you give loyalty and do you expect loyalty?
Was in need for it, thanks!
Happy to help
I was always interested in your content but now I have respect for you .
Thank you Mark, for your kind words!
Thus was one your best videos, I a believe. Thank you🙏
Very informative and inspirational.😇
Wow, there was a lot of very personal and directly acquired wisdom in this episode. Thank you, it was here for me at the right time.
Fantastic Vid !
Your approach is impeccable..detailed, inciteful, straightforward.
Much appreciated!🙌
Thanks for sharing your craft and your experience. This is a great catalyst! Thank you!
Andrew’s dad never spent enough time instructing him on lawn mowing, carpenter, plumbing or electrical. When the apocalypse comes, he’ll be toast in the first wave
😂 yeah sure, Chump. And you who knows ten times less survival, fighting and know how besides basic bullshit? Get outta here
Hey Andrew, you’re absolutely right of course. I think I’d love to hear your views on scalability. For instance I’m starting up my fine furniture making wood shop but it requires a high skill level so that’s down to me making it work. Training others to be able to run the production so I can go out and sell is only a little bit possible because it takes 10 years to get good.
So I’m also trying to start up a little market garden business as well and that when I plan it out looks like it can scale up quite well. One you can add value by just growing more but without too much extra effort, the other is based upon one’s own skills and so is locked into how many hours you can put into the work.
Why don't you hire someone else to sell for u while u do the artisan work
Some really great nuggets in this clip.
Thank you
1. talk like your rich and smart
2. look like you are normal and down to earth
3. give motivational speeches
4. do what Warren Buffet did.
Love the background settings stage platforms great job great content
Glad you like it! ✌️
great words of wisdom and advice.
Thank you so much for all these awesome videos. Very informative 🙏🏾🙏🏾
Extremely nice chat. Felt like I was having tea with you. Namaste. Paper and Pen.
Thank you for sharing. This is a good channel. I will order your book today!
Niche businesses 👍
Great video Andrew! I am trying to add value to people’s lives through demystifying digital assets. I love the grind.
Great content , finding your niche of interest and being in total control of it is paramount 😊
Thank you, Frank.
Exactly we learn all the time
Just bought your book and can't wait to read it this weekend....
Great detailed and interesting path to success.
Solid stuff. Thanks Andrew
Hi Andrew, thanks for another great video. Aren't the teas just delish?
My favourite here in Sydney is a lemongrass blend.
Fare winds and wishing you pleasant comments.
Brian
watching this with a capiCOFFEE. 😋
I really like your niche content man. I'm eyeballing Albania big time. Sarande. I can get sea view for forty thousand pounds and skirt UK stamp duty. (Canadian ex pated to Edinburgh). You've also alerted me to Tbilisi. Looks like a fucking cool place! Can't believe actually how many people live there it's seemingly legit, and good banks. Anyway bro, cheers!