7 Surprising Habits to Be a Millionaire by 30 | Summary and Q&A

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April 8, 2023
by
Ali Abdaal
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7 Surprising Habits to Be a Millionaire by 30

TL;DR

This video discusses the importance of building relationships for success, sharing seven habits for building strong connections.

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Key Insights

  • 🌟 Building relationships and networking skills are key to success, even more important than technical skills.
  • 📧 Sending cold emails to people you admire can lead to valuable connections and opportunities.
  • 🔎 Consuming the content of influential individuals can help establish a relationship with them.
  • 💬 Getting comfortable with asking people to hang out can lead to meaningful connections and friendships.
  • 💌 Writing thank you notes has a significant impact on both the recipient and the sender.
  • ⚡ Putting good energy into the world without expecting anything in return can attract positive outcomes.
  • 🌟 Working in your zone of genius, where tasks feel like play, can lead to high performance and success.
  • 🗒️ Following your passion may not always be the best career advice, but finding your zone of genius is essential for success.

Transcript

when we think about the skills of millionaires most people immediately think about technical skills and you're probably expecting me to talk about skills like learning how to code in this video but what we're going to talk about instead is the skill of building relationships and you've probably heard that saying that it's not what you know it's who... Read More

Questions & Answers

Q: How can sending cold emails benefit both personal and professional growth?

Sending cold emails to individuals you admire can lead to mentorship, learning opportunities, job/internship offers, and even unexpected positive outcomes. Cliff Weitzman has experienced significant value and opportunities by sending cold emails, including securing million-dollar outcomes and recruiting team members. It is a strategy with a high return on investment if done correctly.

Q: How can consuming all available content from people you admire help build relationships?

Consuming content from individuals you admire allows you to gain insights into their ideas and perspectives. It provides a foundation for conversation and connection. By immersing yourself in their content, you familiarize yourself with their talking points, making it easier to engage in meaningful conversations and build relationships. This strategy can be applied to books, interviews, social media content, and more.

Q: How can getting comfortable with asking people to hang out enhance relationship-building?

Cliff Weitzman suggests overcoming shyness, social anxiety, or introverted tendencies to connect with people. By spending time with different groups and seeking conversations with strangers, you expand your network and build relationships. It's important to understand that anyone can develop the skill of connecting with others, even if it requires systematic desensitization and effort over time. Building relationships brings numerous benefits, and getting out of your comfort zone is key to achieving this.

Q: How can writing thank-you notes impact personal and professional relationships?

Writing thank-you notes, whether to individuals you know personally or those you admire from a distance, is a gesture that costs very little but has a significant impact. Studies have shown that sending thank-you notes not only positively affects the recipients but also boosts the well-being and self-esteem of the sender. It is a simple act of gratitude that can strengthen relationships, create meaningful connections, and leave a lasting impression.

Q: How does putting good energy into the world without expecting anything in return contribute to success?

By putting positive energy into the world and focusing on creating value, you attract opportunities and experiences. When you genuinely contribute without expecting immediate returns, the value often comes back to you in unexpected ways. It is a win-win situation where you inspire others, create goodwill, and open doors for personal and professional growth. This habit aligns with the principles discussed in "The Go-Giver," a book emphasizing the power of offering value to others.

Summary & Key Takeaways

  • Successful entrepreneur Cliff Weitzman emphasizes the importance of building relationships for achieving success.

  • One habit is sending cold emails to people you admire, which has generated significant value and opportunities for Cliff.

  • Another habit is consuming all available content from people you admire, creating a foundation for building a relationship with them.

  • Getting comfortable with asking people to hang out and bonding over shared vulnerability or ambition are also important habits for relationship-building.

  • Writing thank-you notes and putting good energy into the world without expecting anything in return are effective ways to build connections.

  • Lastly, working in your zone of genius allows you to excel and stand out, increasing your chances of success.

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