Three secrets to making big money: effective tips from a famous broker who has worked with 94 billionaires
The path to the top of financial success is long, difficult, and may seem intimidating. Fortunately, there are people who know the secrets of achieving it and, thanks to this, have managed to make a huge fortune.
For example, the Daily Star told the story of Ryan Serhant, a real estate tycoon who has worked with the world's most famous billionaires. According to the newspaper, this New York broker has an effective method of time management and maximizing productivity.
Here are 3 tips from him: how to make big money and what to focus on first.
Urgency versus importance
"Most billionaires have 1000 things going on at once. The melting pot of projects, management issues, and more 'real' tasks, such as family obligations, takes up most of their time," Ryan said.
However, behind their time management skills is a simple trick that you can use to delegate priority tasks.
He continued: "Sometimes the most urgent tasks aren't really that important. On the other hand, there are almost always things we can do to make our lives much better, but they're not necessarily urgent."
To summarize Ryan's point, focus on the important tasks that create the best results.
Delegation is key
Not everyone can boast of knowing the richest people in the world. But Ryan managed to do something that most mortals can't do: enter the circle of trust of billionaires.
And he made a key conclusion: "Most billionaires delegate almost all of their tasks to people they trust, and the only thing left for them to do is to make the most important decisions."
A small piece of the pie
Billionaires do not "take from others," Ryan assured. And they always "say no to zero-sum games," he added - where winning means the other side has to lose.
Ryan continued: "Instead of focusing on owning the 'whole pie' and taking it away from others, they focus on owning a small piece of the big pie and working with the team to make that pie as big as possible."
Thus, the businessman concluded that he, like other business tycoons, only plays "positive-sum games" in which everyone wins.
