Right now most of the world when they look at the economy and their world do
they have a great deal of excitement or foreboding what would you say most of
the world no questions foreboding if you had to
give this a season we're in right now an economic season for most of the world
would you say it's spring or things are just starting to grow summer where
you're not quite what you want to be and you're little annoyed because it's a hot
summer you want more fall everybody's reaping like crazy or winter where
you're working your ass off and it doesn't seem to be paying off fully
which season would you say the majority the world thinks they're in quick which
one win top and with da I love the way that I say winter wit da winter is the
most powerful season you could possibly start a business or make any money in
and I'm not saying that because I'm positive because if you know anything
about me personally that's not where I come from I'm not the positive thinker
that you may have seen people say image of me in a seminar because I believe in
the power of energy because without energy nothing gets done lots of people
know what to do but they don't do what they know lots of reasons fears one of
them not know what to do is another one but the biggest one is energy so they
see people with energy in my rooms cuz I believe you want to make this thing like
a rock concert cuz people get bored when they're just sitting on their tail
learning so what I really believe is we need energy but I'm here to tell you I'm
not here to come by today and say to you it's all positive let's go to our garden
and let's chant there's no weeds there's no lasers no leads I'm here to say
there's lots of weeds here's the dr let's pull those suckers out so we have
the garden we want who's with me on this say i i'm not a believer in positive
thinking i'm believer in intelligence and intelligence says that if you and I
are gonna succeed in this environment if you come to a seminar like this and
you're looking for ways to maximize your growth and your business and your life
and your finances then you've got to understand what's really going on and
not kid yourself and so if you look around I think there's three keys to
being a leader there mandates the leadership very simple but you might jot
them down and think about these as you listen to all the speakers this weekend
or the next day or so because it's really gonna determine what happens
because many of you come to an event like this and you're gonna get excited
you're gonna learn some strategies you learn some tools some insights and how
many of you came here because you want to make some more money I'm
curious how many came for that as a man primary reason say I how many came
because you already have a business you want to take to another level I'm
curious say I how many of you don't have a vehicle you came here looking for a
way to make some money when they set your hands say I most you already have a
vehicle good how long the King could just want to improve the aspects of your
life something you want to enjoy more experience more say I well we're gonna
cover all those this morning we're gonna start with you we're gonna start with
you because if you own a business if you're gonna be an investor what's going
to determine your success or failure is not going to be other people it's going
to be you as the leader ultimately the choke hold on a business 80% of it is
the psychology of the leader the owner leader determines it financial wealth
does not come from mechanics I coach one of the top financial traders on the face
of the earth he's been my client for literally two
decades 20 years he pays me a million dollars a year to coach him he emails me
every day his measurements I see him only three or four times a year for an
hour I get a million dollars plus a piece of the upside I don't tell her
that to impress you I tell he goes impresses me not bad for four hours work
but I've helped him for twenty years where he literally made more money than
any human being in history in 1987 in a single day literally made more money to
anybody made in a day which in those days was a half a billion in a day today
that's like a half a trillion with inflation but with more money in 1987
when the American stock market had its biggest drop in a single day
percentage-wise still strongest worst day percentage-wise he called the market
accurately hour-by-hour a week in advance and made a half a billion
dollars in a day now you can't live on that but it's a good start get you going
here's the problem he lost money for the next two years he brought me in it for
20 years he's made money every single year for 20 years 2008 when most hedge
funds were losing 30 40 50 some of the 80% he made 28% upside that year
unbelievable so I know a little bit about markets I'm not just mr. positive
thinking I've been studying everything about him
George Soros who made a billion dollars in a day who outdid my friend later on
in the UK on their black day he turned that around as well so I'm here to tell
you I know there are elements you can take
advantage of and the people that know winter is the best season are the people
that take advantage not because they're positive because they're smart but or if
you do that you need three things first you've got to see things as they are but
not worse than it is are you with me on this cuz when you
talk to the most Ozzy's today let me just explain something to you
most Aussies today have a little bit of nervousness about the economy raise your
hand if you can relate to that to your friends have a little bit of nervousness
not quite thrilled with the economy raising as that relates let me just give
a sense how many know Aussies think it's the best economy could ever be okay
three people on drugs good very good here's the truth there's a little
nervousness because of you know Europe obviously nervousness because China's
still growing but maybe not as fast big piece here nervousness because oh my god
we gots a few little taxes coming in here now right carbon tax but interest
rates are down two percent and just so what the last six eight ten twelve
months pretty nice but there's this nervousness here's just gotta know if
you're freaking nervous here you better not leave Australia because there are
seven billion people on the planet and they all freakin wish they lived in
Australia you're in the best position of any country in the world that's not to
say there are challenges your real estate market here is definitely
inflated to a mass level and you haven't had a big correction there are things
that are going to occur here but you gotta see it as it is but not worse than
it is or you're not gonna act out of fear how many follow what I'm talking
about here say I and why do most people make it worse than it is you tell me why
didn't miss me if you make worse and say oh you can't even believe why even try
the whole economy is just gonna tank anyway why do people come up with this
stuff cuz they're so afraid to what what's the word no one likes to say
let's hear it they're so afraid to fail so they looked for a story to cover them
it's like somebody says to me I can't lose weight because I'm big-boned no
you're freaking fat let's just tell the truth here right is it true you're fat I
mean I'm making a judgement you're fat I was big-boned that was my story I was 38
pounds heavier than I am now and my story was on big bones I'm still
big-boned I'm 38 pounds lighter we come up with a story because we're afraid to
fail well you to do is see it as it is not fake
yourself and say everything's positive everything is wonderful you'll get
killed doing that in business you got to be smart you got to see it as it is but
not worse than so you don't take advantage does this make sense yes or no
second key is really simple you got to see it better than it is or you won't do
anything that's the second key you got to see it better than it is that's what
a leader brings to the table so bottom line is you got to see it better than it
is if you saw a guy like Ted Turner Ted Turner multi-billionaire amazing
influence created CNN think about this when he first came up with the idea of
24-hour news what do you think most people thought of that idea first of all
they said there isn't that much news he almost went bankrupt four times but he
kept seeing it better than once he saw the truth he saw the challenges he
didn't make it worse than it is Sweden panic he saw it better so there was
something to move towards that he could make happen what does it say without a
vision people what perish if you don't have a compelling view of the future
you're in trouble and here's the challenge most of the world right now is
in this place in America the highest that's ever been
63% of Americans now believe that best days are behind them they believe
specifically that the future for themselves and their kids will be far
less than it is today that's 72% by the way of Germans 81
percent of French people believe that no Aussies are in a great place so one
thing you got to do is celebrate where the hell you live give a little hand for
living in Australia ladies and gentlemen come on down so if you're gonna be smart
you gotta go we got we got a young group of economy we've got a young generation
coming up we'd certainly have some ties to some amazing resources that our
natural resources for us and yes the spending is not as high and yes there's
gonna be a correction but guess what some people's winter is devastating
other people's winter is mild so far your smile I'm not saying it will get
worse but here's what I can tell you if you see it as is and you see it better
than it is you'll know something the greatest investors the greatest
financial success in history the first man to become a billionaire by investing
alone is the man who's a friend of mine he died about four years ago named Sir
John Templeton Sir John Templeton started out with nothing he wasn't Sir
John he was a guy basically grew up in a tiny little town
with nothing to his name he worked hard and he decided to save his money and
find a way to invest but he had one cool secret he realized when things are going
well what do people want for their property when things are going really
well a high price or a low price which one high price when things are going
well do they want a high price or a low price for their shares which one high
price when things are going unhappy when things are terrible and things going
well people think it's gonna go well forever when they think it's going bad
they think it's gonna go bad for how long forever when they is going really
poor what does that guy want for his shares or his home a high price or
whatever he can get which one whatever he can get
so his mindset was really simple I'm gonna take all my money write this down
during times of maximum pessimism I'll make all my money during times of
maximum pessimism if you can when everybody else is freaking out seeing it
worse than it is you can see how it really is not kid
yourself not just be positive but see it better than it is and see where the
advantage is and you can do the third step I left out which is once you see it
better than is you got to make it that way you got to come up with a strategy
and action plan to make it that way if you can do those three things you can
take advantage and he did it I'll tell you I did it when Hitler invaded Europe
when he actually invaded Poland this guy took ten thousand dollars five thousand
he saved and five thousand he borrowed which back in those days was a huge sum
of money and he went out and bought every stock he get his hands on that was
under $2 in the new york stock exchange including companies that many people
thought go bankrupt he just bought it across the board ten thousand dollars
now by the way that was one of the worst winter moments of maximum pessimism
because every went oh my god Hitler is now storming Europe Lee tried to appease
him it's not working he's gonna take any countries are dropping everybody thinks
the bad things are gonna go on forever here's what we all know about seasons
winter does not last forever does it what always follows winter my friends
wet springtime a new opportunity is always there but when you're in winter
you think it's forever and so everybody's freaking out so share prices
went to the floor so what do you got for ten thousand dollars was worth its
weight in gold and by the way five years later when the war was over what
happened to shares of stock what happens company started to rebuild exploded back
up that $10,000 investment made him a billionaire of the course of two decades
he didn't stop there where will be the worst place to think of investing after
World War two would you think what was the country most destroyed even more
than Germany in which country Japan in at radioactive places guess how much
they want for land that's radioactive literally he bought things for pennies
on the dollar and if you remember in the late you know the early late 80s who was
the country that was dominating economies around the world it was Japan
and guess what he did sold it all right there at the peak when everybody there
thought it was going so great he always made money terms of times of maximum
pessimism so what didn't he ever say to you today is this this morning I want to
work with you II with you as a leader I want to give you some strategies and
tools that you can use to immediately shift your psychology because that's
going to be 80% of your wealth building 20% is gonna the mechanics of how to do
it
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