I Snuck Into A Room of Business Millionaires. Here Are Their Secrets...
Michael Lim
I help solopreneurs add $2-5k to their one-person business through Positioning + Limitless Writing System™ | Served: 1,000+ Customers | Generated over $100k+ client sales | 84,000+ Followers on Medium.com
I was surrounded by business millionaires.
Some even had billion-dollar businesses.
How? I snuck into the room where they were all gathered.
Here’s what they taught me.
Wealth is created in the mind.
I don’t believe in manifestation.
But the power of belief is real.
Everyone I spoke to talked about how their mindset predicted their wealth. They spoke about how talent is useless without belief of success.
Most didn’t have a high IQ or had the safety of daddy’s money.
But they had an enormous amount of conviction.
Talent means nothing without conviction.
I know very smart and talented people who can’t make money.
Why? They don’t believe in themselves or their product.
People can pick up on the hesitation and then don’t buy from them. The first ‘sale’ you need to make is to yourself.
Belief creates momentum. And momentum creates wealth.
They all had unfair advantages.
I was struck by one thing:
Many of the millionaires were average people.
Most are self-made. Some inherited a family business.
But they didn’t have special intelligence, skill, or secret knowledge that I didn’t have.
But the one thing they all did?
They knew how to exploit their unfair advantage.
Rather than apologizing or hiding it, they embraced it.
The good news?
We all have unfair advantages.
Whether it’s:
If your excuse for not acting is because of privilege, you’re an idiot.
You’re not helping anyone. Especially yourself.
People are trapped in the privilege Olympics and think no one should act because they have privilege or come from an elite background.
That’s crab’s in a bucket mentality.
Don’t deny your privilege, use it to serve others.
And remember:
If you’re reading this on the internet, you’re privileged than most of the world.
They were delusional.
They all had a bias towards action.
Most of them were too stupid to ever question that their action was wrong. They simply acted and figured everything out later.
While everyone stopped to think, they acted.
Even after repeated failures, they just kept going. Never stopping. They just tried, tried and tried again. Over time, these actions compounded into success.
I found this determination inspiring.
What traps me is the need for perfect information.
But entrepreneurship is uncertain.
Most things never have complete information. The more you grow, the less people have done what you have done. The more you have to make it up.
I’ve learned to operate with 51% information.
When I feel like I’m at 51%, I act. Likely, I’ll make a mistake. And that’s okay. I’m optimizing for action, not perfection. This failure gives me data and reveals how to navigate the rest of the 49%.
Every new phase of my business requires discomfort.
Entrepreneurship sounds sexy. But it’s really just an endless amount of problem-solving, discomfort, trial and error.
Get comfortable being uncomfortable.
And maybe slightly delusional.
They loved the journey.
Funnily enough, most weren’t motivated by money.
Sure, they used money as an indicator of success. But many loved business for the game. The thrill of it. The chase. The journey.
Money was just the scoreboard.
Even though they had lots of money to retire and do nothing, no one wanted to stop. They had more ideas and different passions they want to pursue.
I’m not just talking about the young ones.
People in their 60s and 70s had better energy than most 30s I know. It was really inspiring (and relieving).
Being 29, I know that my best years are ahead of me.
The aim of the business game is to never stop playing.
I see myself always having a business. But not always the same business model, or industry, but I’ll always be an entrepreneur.
A person who loves walking will walk further than the person who loves the destination.
What can you take away?
If someone makes more money than you, listen.
While I didn’t agree with everything they did or said, I learned from everyone.
Here’s what you can do:
👉 Craft your Perfect Positioning to unlock $2-5k in monthly recurring revenue (without sales calls or paid ads) in your one-person business.