8 Minute Millionaire: Learn the Secrets of Millionaire Entrepreneurs

Now displaying: May, 2023

214. Recovering Alcoholic/Drug Addict shares his journey to recovery, and his secret for happiness - And his plan to make a multiple 6 figure income flipping couches 0

May 27, 2023

Today's interview is unlike any podcast I've ever done in my life the last couple weeks. We've had, my brother-in-law who is Tara's brother Tyson, staying with us in our guest house and helping us do some repairs and some different things on our house before we sell it. And Tyson's a recovering alcoholic drug addict has been in and out of jail several times for the last few years.

For the past several years. He hasn't even been really a part of our life because we just didn't feel like it was safe with his different things he had going on in relationships. And we just had to totally distance ourself, even though we literally live in the same county, like we're the only family members who live right by each other, but we just couldn't be in contact with him.

Now he's living with us and we see him every day all the time. It's pretty wild how it happened. But anyway, he basically has like nothing, like no money, like starting over from scratch after everything that he is been through. So we've given him a job.

It's a labor job, but I've kind of been talking to him about goals and where he wants to go from here because we're not gonna be here for very long. And even getting paid the amount that he can get paid from a job like this just isn't going to be enough to take care of the needs that he has to be able to see his kids more often and pay child support.

And get back on his feet in the way that he would need just to live a good, normal, healthy life and pay off some debts and stuff. So as I've been talking to him, it just made me think of a lot of people out there. You know, I know this is Millionaire University and the goal is to become financially free and make millions of dollars, but we all start somewhere.

So I thought it might be kind of cool as I'm talking to Tyson and we're working together and working with him, and, you know, I can't take any of the credit when I believe when the student is ready, the teacher will appear and this guy is ready. He's humble, he's, he's a listener, but a lot of the things that I've been talking to him about I thought would be good for you guys to hear.

And I think there's a lot of good takeaways that you can take from the things that we've been talking about. So anyway, I, I asked him, I said, Hey, do you want me to interview you? And he's like, okay, sure. And I thought we would share like two to five minutes of his background just kind of show, Hey, Tyson's kind of hit rock bottom and we're gonna help him on his way.

But this interview just turned into so much more and I just let him talk and I listened. Of course I interjected from time to time, but I just listened. And at first I thought, oh, I like, this is Millionaire University. What does a story about someone who has hit rock bottom and struggled with drugs and alcohol and relationships and gone to prison?

Like, what does that have to do with. Making money in Millionaire University. So I thought about editing it down to like 20 minutes, but I, I just couldn't, I don't know, maybe it is just me cuz he's family, but I just have to believe that there's someone out there who has to hear his story. So I'm just gonna put it all out there.

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213. I've worked with my husband for 17 years and we almost got divorced...here are 9 quick tips for working with your spouse 0

May 23, 2023

I've worked with my husband for 17 years

And we almost got divorced

Here are 9 quick tips for working with your spouse

1. Don't be a dream killer
When my husband came to me with his first idea, we were pregnant & broke. His idea excited & terrified me. But I didn't kill it. I fed it & it changed me, and we've had some crazy success. I know I'm better today because of the risks we took long ago

2. Don't suffer in silence
I never wanted to be a burden to my husband so I stressed in silence. Over time we were distant. Distance became disconnection. Don't be afraid to tell your partner what you love & what terrifies you about the life & business you are creating together.

3. Your sex life is a priority
A sexless marriage & a thriving business aren't that fun. Trust me. You can make all the money in the world, but if there's no intimacy in your marriage, the business just becomes a thing to do. Be intentional & create space for intimacy every day.

4. Tell your partner 5 things you like about them before you critique them
We all work hard. But does our spouse see it? Before you tell them what's bugging you about working with them.Tell them 5 things you appreciate . When we are seen we are more open to feedback.

5. Develop a backbone
When we started our 1st business I was terrified. I had no idea how to run a business. So I leaned on my husband A LOT. If he made a mistake, I got MAD. I was afraid and I blamed him for it. So I developed skills & my own confidence & now we stand together.

6. Find your sweet spot
You are GOOD at something and your partner is GOOD at something . Do you know how to make your differences work together? Opposites attract so learn to use and leverage those differences to create a well-rounded business . It will be magic if you do

7. Let your partner go
If you can't be on your own, you'll struggle being together. If your partner makes you feel bad, then you'll have to control them to feel good. They don't MAKE you feel anything. You are responsible for your own emotions. It's always been you facing you

8. Let them see ALL of you
I used to hide the "ugly" parts of myself thinking my husband would reject me. But I was blocking intimacy. I became robotic. But then I broke and he saw it all. And he accepted it all. I've never felt more loved. And we've never worked better together

9. Love the HECK out of your partner
Your person is alive. Their heart is beating and they are standing in front of you today. That is a miracle in and of itself. Be sure to tell them EVERY DAY what they mean to you . Learn to adore them. And let them adore you back. Running a business with your partner can be the BEST or WORST thing in your life. And it's all about how much you are willing to face yourself. Change you, change your marriage and your business will grow always...

If you have any tips for working with your partner, I'd love to hear them. You can reach me at...Tara@MillionaireUniversity.com

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212. The Supremacy of Selling - Ready Fire Aim 0

May 19, 2023

In today's lesson we talk about the Supremacy of Selling and how understanding this principle is critical to your business growth and success!

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211. Millionaire Mentor Bill Allen Shares What It Takes to Be Successful In Business and Life 0

May 17, 2023

Almost 4 years ago we sold our business to Bill Allen. Bill is an implementing machine and one of the most inspiring action taking people I know.

In this episode of The Millionaire University Podcast, Millionaire Mentor Bill Allen Shares what he believes it takes to be successful in business and in life.

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210. The Aggregation of Marginal Gains - How Small Things Can Make a HUGE Impact in Your Business - From James Clear's, Atomic Habits Book 0

May 12, 2023

In today's business lesson, we discuss The Aggregation of Marginal Gains and how understanding and applying this principle will help you explode your business.

The Aggregation of Marginal Gains is a concept that James Clear talks about in the first chapter of his #1 New York Times Best Selling Book, Atomic Habits.

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209. Debunking the Myth "Most Businesses Fail" 0

May 8, 2023

In today's lesson we talk about the "Most Businesses Fail" Myth and how if you understand this is a myth and why it can help you with your business and financial creation goals!

Let's help get you unstuck so you can keep moving forward!

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208. The Hourglass Phenomenon in Business 0

May 3, 2023

In today's episode we discuss what we refer to as the hour glass phenomenon. Every business owner goes through it. Big ideas, overwhelm, dead ends, walls and life altering break throughs.

We also give an update on some big life plans, podcast growth plans and how to get traction in your business.

Check it out!

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