Surrounding yourself with the right people is a key to financial success.

1. S u r r o u n d i n g
yourself with the
right people is a
key to financial
s u c c e s s

2. Surround your self with those who want
to lern about secrets of money.
Iam passionate about financial education
because I know how much it can change a
person’s life. And I’ve spent most of my
adult life working to teach those who are
willing to learn the secrets that the rich
teach their kids about money. And the
w o r k i s n e v e r d o n e .

3. The reasons millennials gave for not investing were
symptoms of a lack of financial education and old
beliefs about money being handed down from
generation to generation.
1. If you don’t have enough money it’s because you
have never been taught how to make money outside
of getting a good job—
old money advice.
1. If you don’t know how to invest it’s because you
weren’t taught how money works and were probably
told to save and buy a house—old money advice.
2. If you have so much student debt you can’t afford to
invest, you believed the lie that you needed to go to a
good school to be successful—old money advice.

4. There is three action items for millennials to take:
1. Invest in financial Education.
2. Stop saving for retirement (and start saving for investments)
3. Learn to delay your gratification (millennials love to
spend).

5. I want to talk about a
foundational element that the
rich understand and teach their
kids that enables them to do the
action items I just listed above.
The rich understand that in order
to change your life, you must
change who you spend your time
with.
If you want to be rich, choose
your friends carefully

6. When we are at our financial journey, we
knew that our friends who didn’t have
money or who weren’t interested in money
couldn’t help us on that journey.
People who we had spent much time with
in the past started to spend less time with
us. Some of them are still our friends today,
but not in the same way they were before
we were rich. Some of them were jealous
of our success and that caused friction.
Those friendships naturally faded.

7. I have several friends who
have made billions of dollars in
their lifetime. Three of them
have told me the same thing.
Their friends who have made
no money have never come to
them to ask them how they did
it. But they do come to them to
ask for one of two things, or
both: a loan or a job. I’ve
found this to be true in my life
as well.

8. If you want to be rich, it’s
important to be friends with the
right people. Many people will
find that, as they get richer, the
friendships that they had before
also change. If you’re rich, it’s
harder to be friends with
people who are adverse to
money, business, and investing.
It’s simply a matter of different
f o c u s e s i n l i f e .

9. While you can’t control
your friends, you can
control who you’re friends
with. And if you want to
be rich, it’s important to
choose your friends
carefully. The following
are a few short tips on how
t o d o s o .

10. Choose friends based on what you can learn
Don’t choose my friends by their financial statements.
I have friends who have taken a vow of poverty as
well as friends who earn millions every year. At the
end of the day, the way I choose my friends is by
what I can learn from them.
There are certain people I’ve become friends with
because they had money. I wasn’t after their money.
However, I was after their knowledge. My friends
who have money like to talk about money. They don’t
brag about it, but they do like to discuss the subject of
money: how to make it and how to keep it. I learn a
lot from these friends.

11. Don’t listen to poor or frightened
people. Being rich is as much about
mindset as it is about knowledge. Poor
and frightened people have a poor
mindset and are always complaining
about how the sky is falling. They are
Chicken Littles who will always tell
you what is wrong with your business
or investment idea. They are
m o t i v a t i o n k i l l e r s .
Don’t be friends with Chicken Littles

12. If you think about it, you can see how the friends
you choose directly impact your ability to invest
in financial education, start saving for
investments, and learn to delay your
g r a t i f i c a t i o n .
If you hang out with people who prefer to talk
about Netflix and sports, you’ll find yourself
spending time on those things rather than on
learning about money. If your friends are chicken
littles, they’ll reinforce that you should save your
money in a savings account and that investing is
too risky. And if your surrounded by people who
love to spend money on experiences, you’ll
never learn the discipline to delay your
gratification so you can invest later.

13. If you want to be rich, be friends
with people who have the same
mindset as you, or who at least
won’t try to change your
mindset to be more like theirs.
Life is too short to spend time
with people who don’t help you
m o v e f o r w a r d .
W h o a r e y o u r f r i e n d s ?