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5 Surefire Ways to Protect Your Mental Health During COVID-19 Pandemic Outbreak

While you’re in a global pandemic, it’s natural to feel that you’re letting your mental health slide during this stressful period. Not interacting fully with others face-to-face, having to conform to new guidelines that may seem foreign to you, and working at home may leave you feeling unsettled and that life has become beyond your control. This, although it may be common, can be dangerous if you don’t take the time out to give your mind a rest. Therefore, here are 5 ways you can be in control and protect your mental health in these uncertain times.

1. Take a stroll through the park

Going for a walk (unless you’re self-isolating) is a great way to cool your mind down after a struggle. Getting a breath of fresh air and exercising not only stretches out your muscles thus relaxing the body but going outside and looking at the green in one’s surroundings is scientifically proven to improve your mood, by the brain releasing endorphins, a chemical that reduces sensitivity to pain and makes one happy.

2. Try and laugh more

Listening to or reading a few jokes is an easy pass to become happier and more relaxed. Laughing reduces anxiety and burns a fair number of calories, for those who are wishing to slim down during the pandemic. Also, research suggests that laughter improves the activity of NK cells, a type of cell in the immune system that takes part in combatting tumours.

3. Express your feelings

Bottling up your emotions is never a good idea. Venting your frustrations and negative emotions to a friend or family member instantly lifts a weight off your shoulders. Even if you can’t find a person to talk to, you can write your emotions down on paper and tear them up. Sharing your thoughts and worries helps you reason with the problem and getting a second opinion may help solve it.

4. Eat a good meal

It’s no secret that ‘comfort eating’ works. This is because your brain tells itself that you wouldn’t be eating if you were in danger, which then lowers your anxiety. In addition to this, an empty stomach can make you feel much worse, and not eating enough lowers the immune system. Being vulnerable to disease is trouble, especially with Covid-19 about and you need to be ready to combat it so that it doesn’t make you feel worse. Therefore, eating a healthy and satisfying meal is fundamental in keeping your mental health stable.

5. Do something you enjoy

Although with new schedules constantly popping up, you must find the time to do something that makes you happy. While on a work or school break, find something to keep you occupied. It takes your mind away from what’s around you so that you can clear your mind effectively, along with causing your brain to produce happy hormones. Be it watching a cool video, doodling something funny, or even taking a nap, taking time out from your busy day does wonders for your wellbeing.

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5 Surefire Tips For Finding The Right Lender For You

According to Smartline Personal Mortgage Advisers, while selecting a loan and lender can seem daunting, with a few ‘smart tips’ finding one to suit your individual needs can be easy.

“While it’s possible to generalise about borrowers’ requirements, ultimately no two people are exactly alike – and it’s a mistake to think that ‘one size fits all’ when it comes to finance,” said Chris Acret, Smartline’s managing director.

Smartline offers these top five tips for choosing a lender.

1. Know your goals and develop a checklist so that you can assess lenders’ flexibility

“It’s a good idea to develop a checklist of things you’re looking for, but it’s equally as important that your checklist be flexible and that you’re open to potentially changing your priorities,” said Acret.

“For example, the lender you currently have your transaction accounts with may not have the best loan product to suit your needs or, simply, if one of your priorities is to have an offset account attached to your loan, you may not be able to access it via an ATM.

“Things that may seem unimportant now, could prove very inconvenient down the track.”

2. The interest rate is only one of many factors in your decision

Acret said that while interest rates are an important aspect of your evaluation, it should not be the sole reason for making your decision.

“Generally speaking, mortgages are held over a long period of time and this means that the cost of interacting with the bank, over what is usually many years, needs to be taken into account,” he said.

“A honeymoon rate might look attractive now, but it’s not likely to save you money when and if you decide to use the lender’s other services – such as repayment holidays, a redraw facility, a loan top-up or accessing your lender’s and other lenders’ ATM facilities.

“It’s important to consider the whole cost of the loan which means taking everything into consideration – from product features to product fees, which may incorporate application fees, annual fees and exit fees.

“At the start of the mortgage you may not think there is a possibility that you might repay or re-finance your loan within four years, but your situation may change meaning exit fees will become an issue.”

Exit fees are often referred to as ‘early termination fees’, which is the cost of closing the loan. Different banks use different terminology and early termination fees can also be known as deferred administration fees, deferred establishment fees, or early repayment fees.

3. Consider lenders’ overall services and offerings

Lenders present a range of services and offerings that might not seem appropriate now but could be in the near future.

“Typically, our lives are changed by events that can make a difference to the way we view our mortgage,” he said.

“These life events might include taking an extended holiday, getting married, having a family, being promoted, changing jobs, being made redundant or starting your own business, and each of these has an impact that may mean we need different things from our home loan to suit these new circumstances.

“So, when considering lenders investigate all loan offerings – like whether or not you have the ability to switch from a variable to a fixed rate, substitute security or access redraw – and their services, such as access to ATMs, and internet and phone banking.”

4. Ensure your lender can work with you to get your loan structure right

Acret said that loan structuring, which covers the type of loan you use, how you fund the required deposit, what securities are provided and what type of payments you make, is important for any property purchase, but even more so for an investment property because of the associated taxation issues.

“As such, it’s important to make sure the lender you choose can structure your loan – or loans – in a way that suits your individual needs.”

5. Shop around

Australian lenders operate under regulatory guidelines designed to encourage responsible lending. One of the most successful aspects of these guidelines has been the Ability to Repay Test, which is commonly referred to as serviceability or borrowing capacity.

“Lenders must demonstrate they’re satisfied that borrowers can afford to repay their debt, but each of them interpret the Ability to Repay Test in different ways, therefore the loan amounts lenders deem to be responsible also differ greatly,” he said.

“Also, some bank use different income sources in different ways, so a customer on a given income level may be able to borrow more or less with different banks.

“The borrowing capacity can vary so much from lender to lender that just going with the lender you currently bank with could limit your home purchase price – so it pays to shop around.”

Since the global financial crisis (GFC), lenders have developed a range of policy innovations and made significant changes to their lending criteria.

“Credit policies have always varied from lender to lender, but there is now much closer scrutiny being paid to loan applications and borrowers’ credit histories – including, for example, the number of credit applications you make,” said Acret.

This article was sourced from a media release sent by Smartline. For more info, go to www.smartline.com.au

Courtesy of: The Australian Filipina

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Meet The Entrepreneur Behind The Cover Of The October 2021 Issue Of Global Millionaire: Guruji Shrii Arnav

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Guruji Shrii Arnav, considered the Father of Astro Gemology and a mentor to Statesmen and Millionaires, is an internationally acclaimed spiritual Guru who uses techniques based on spirituality, Astro Gemology, and modern management methods.

The author of the Magnum Opus” Secrets of Jyotish Gems”( translated in 6 languages), he is the mentor of the world’s largest E-commerce portal to buy natural Gemstones online (Gemstoneuniverse.com) that has a mind-boggling reach of 4 million monthly users and has been around since the early days of the internet since 1996.

We are quite certain our readers would love a no holds barred conversation with a major thought leader so they can benefit from Guruji Shrii Arnav’s insights about entrepreneurship and business in general. Global Millionaire magazine recently had the good fortune of meeting and interviewing Revered Guruji Shrii Arnav during the Gemstoneuniverse Founder’s Day and here’s what went down:

What are your standards for success? Is it a certain dollar figure?

For me personally, I was never into numbers. My singular philosophy since I believe in the theory of Karma is that every single person engaging with me should benefit from me or by my enterprise.

And that happens when customers vouch for you by word of mouth, give you referrals, and sometimes raise concerns as if they were family and they own the enterprise as their own.

And at Gemstoneuniverse we see that happening all the time. Since 1996 we have had such a loyal base of patrons (I do not like to call them customers) that till today we have not had the need for any kind of advertising of any sort.

Also to have industry leaders from Google, HP speaking about you on video is a huge takeaway and speaks of standards. Those are feedback and testimonials that money cannot buy.

What do you think made you successful in business?

Even though I am a spiritual person I like the word business which means transacting and all of us are business people since the world moves by give and take and by a transaction.

I think having clear-cut goals, delighting our patrons, and being attached to the greater cause of serving people and solving their problems by spirituality, gem therapy helped me in achieving a reasonable degree of success and recognition.

My life philosophy revolves around the Gemstoneuniverse Motto of – Deo Amabiles Et Hominibus which means Pleasing to God and To Men- and it’s in that order that has helped me.

What inspired you to develop your idea?

More than inspiration it was a necessity. In 1996 we reached around 11,000 people in a year and by 1997 it was 40,000.

I will be upfront and honest with you – no single patron ever asked me the price of any Gem. They would say you know better- please do what is best for me.

So five things here: Firstly, I was not in a humanly position to speak with every single person. Secondly, when customers were buying Gemstones without taking a look at the product just based on trust – that was creating a huge pressure on me. Thirdly, I wanted the patron to choose a Gemstone in the privacy of their own environment without any kind of pressure. Fourthly, the intention was to serve the people with the powerful science of gem therapy that delivers phenomenal results and fifthly, bring some kind of organization in a vastly unregulated market.

Real Natural Gemstones form only 2% of all world stock so you can understand the rarity and importance.

With Gemstoneuniverse the patron is assured that the best in the Gem world work assiduously to make them win and that we are on their side.

What were the main challenges you faced at the early stages of your business? And do you still encounter them to this day?

People, Problems, Possibilities, Potential, Product, Price are all words that start with P ( Smiles). There are three more P words that will solve the entire jigsaw but I would not like to mention them here.

Since the start of mankind, these 9P’s are responsible for all complications and solutions. If whatever information listed on the search engine is true then there should be no problems on the planet (Hey, another P word!).

If whatever has been written in the religious scriptures is interpreted correctly then any problem will cease to exist.

So as we continue to grow and evolve, problems will remain due to lack of quality information, incapacity for correct decision making, and resistance to change.

You can motivate and change these 3 core issues within yourself but you cannot do that for the people who work for you neither can you do it for the people interested in you with 100% quantitative compliance.

That is why I love to be in the Japanese philosophy of Kaizen and also motivate my team to be in the state of Kaizen at all possible times.

My own interpretation of Kaizen is that that there is nothing at any point in time that cannot be improved. So we are always striving to improve and be in the perfect state.

What keeps you going even in hard times?

The opportunity given by the almighty to serve and the appreciation we get for it. You will be amazed that during this COVID era both I and the organization attained personal bests.

There is an interesting parable from the life of Lord Shri Krishna. Once the great warrior Arjun asked the Lord- Krishna, write something on the wall that after reading will make a happy person – sad and a sad person -happy at the same time.

Krishna took a piece of chalk and wrote – “This Too Shall Pass”. I believe in this philosophy. What is in my hand is the right action, why worry about things that you cannot control.

What are your thoughts on entrepreneurship for young people especially in an economy where jobs are harder to find?

COVID and the currently prevailing circumstances have proven that what was conventional is not essentially the right path and in fact, some people shone brightly by using innovative ideas and proved that humans have a wonderful ability to adapt and improvise – these are the two qualities in humans that have made us the alpha species.

I think it will be wonderful to have young energetic people join the entrepreneurship bandwagon and they in turn will create new and fresh jobs.

However, I can suggest some things – always put a priority on niche specializing, always keep learning, don’t put yourself under pressure to be the next Elon Musk, work harder than anybody else and as you grow stay humble and have fun. No work is good enough if it does not give you joy!

What strategies did you first use to market your business?

To be honest with you I do not believe much in traditional marketing or advertising.

Your biggest marketing assets are your people and your product and nothing beats word of mouth.

To cut a long story short, I wrote articles about spirituality, gem therapy, astrology, and gemstones because I was appalled at the pedestrian impotent fare that was pedalled in names of these subjects which was causing more harm to people than benefiting them.

I think what has benefited us since the inception is sharing of good quality cutting edge information in form of quality articles, media resources in form of high-quality gem pictures and videos. Over a period of 26 years, there are 3500 articles on Gemstoneuniverse which are highly informative and give something to a user or solve a pain point. I think you can call it our marketing strategy if you will. Creating and sharing good quality content has been our only strategy.

I did my first Facebook live on the Gemstoneuniverse Facebook Page on 29th August 2021 and now it’s nearing 300K views already.

How have your priorities changed from when you first started?

More success comes with more responsibilities and there are other ramifications and responsibilities when you are touching lives on an epic scale. You need to be future-ready and beware of copycats that may be out to dupe people riding on the coattails of a successful enterprise.

Another thing to mull upon and work on is supply change management. The demands and numbers at Gemstoneuniverse are huge but the earth’s natural resources and the human resources we have in for of trained consultants and practitioners is limited and we have to do all this while ensuring that the Gemstones we use and supply are ethically mined, responsibly sourced, conflict-free and traceable.

Knowing what you know now, is there anything you would have done differently when you were first starting out?

Not a thing and I am just starting!

What two pieces of advice can you give to someone who wants to become an expert in their chosen field?

Another of my favourite P Word – Practice and Fail early and Fail Fast.

Failing gets you a PhD. in experience in record time provided that you learn from failure. If you are afraid of failure, to be honest, the chances of doing something noteworthy are very minuscule and at best, life would be normal, predictable, boring, and ordinary. That does sound SCARY to me at least.

What is the last ‘one word’ advice you will give to our readers when it comes to succeeding as an entrepreneur?

Niche, Niche, Niche – Do what you love and be the best at it. I wish all the readers health, happiness, and abundance.

You can follow Guruji Shrii Arnav and Gemstoneuniverse via their official social media pages:

Facebook: www.facebook.com/gemstoneuniverse
Instagram: @gemstoneuniverse
Website: www.gemstoneuniverse.com

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3 Useful Tips For Paying Off Your Home Loan Sooner

By Michelle Baltazar

You’ve seen all the SALE signs plastered on shop windows to herald the EOFY (end of financial year), but before you open your wallet to buy yet another sale item, you could be better off setting your money aside for your mortgage.

Sure it won’t give you the same high that you get from getting your retail fix but, according to mortgage broker Mortgage Choice, you can save as much as $10,000 in interest if you put a lump sum of $2,000 into a 7% 30-year $300,000 home loan.

So before you start planning how you’re going to blow your tax refund this year, think about how good it would feel to have thousands of dollars saved on your home loan (most of the SALE items you buy will go out of style but being a property owner won’t).

Tips to help reduce your mortgage debt:

1. Repay your mortgage more often. For example, making fortnightly repayments equal to half your minimum monthly repayment means you pay one extra monthly repayment each year.

2. Contribute lump sums when possible. This reduces interest owed and the loan term. If you put your tax return, say, $1,000 into a $300,000 loan (at 7% over 30 years) at year one in, it reduces the term by one month and the interest owed by just over $2,360. Think about doing so annually.

3. Build a financial buffer. Home loans with offset accounts enable you to link a savings account to your loan and ‘offset’ (use) that amount to reduce the interest owed. If you kept $5,000 in an offset account, then on the above-mentioned loan the term would be reduced by almost two years and you would save over $33,000. Note there could be an ongoing account keeping fee.

Tips to avoid piling up any debt:

1. Resist the temptation. Always set a budget and make a shopping list, whether you are shopping for groceries, furniture, travel, property, etc. Avoiding overpriced or impromptu purchases will keep your budget in line and help with credit card debt as often unplanned purchases end up there.

2. Don’t be late on repayments. Dodge accruing interest by scheduling automatic home loan and other debt repayments. Funds transfer on the date selected by you (ie. your payday or the day after). The only thing left to action is increasing your repayment if the interest rate increases.

3. Create emergency savings. Repay your loan as though its rate is at least 2% higher, putting this straight into your loan or its offset account. This buffer will help with emergencies, rate rises or unexpected bills, so these costs won’t end up on your credit card or gather late payment costs. If your loan doesn’t allow extra repayments, put the extra funds into a high-interest savings account. 

Source: The Australian Filipina

Photo by Kindel Media from Pexels

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5 Surefire Ways To Keep Your Investment Property In Great Shape For Years To Come

If you are the proud owner of an investment property, chances are you have worked hard for it.

As a landlord (or landlady), understanding how to protect yourself from common financial pitfalls is one of the key tools to invest with confidence, according to landlord insurance provider, Terri Scheer Insurance.

Terri Scheer Insurance executive manager CAROLYN PERELLA explains five common mistakes and how you can avoid them:

1. Setting the rent too low or too high

Before purchasing an investment property, carry out extensive research to help you determine an appropriate rental price.

Setting the rent too high may result in limited interest from prospective tenants, leaving you out of pocket if the property remains empty for an extended period of time.

However, setting the rent too low may place you under financial pressure, limit your rental income and has the potential to attract unsuitable tenants.

Look on real estate websites and through newspaper classifieds to find listings with similar features to your property, as this will give you a guide on the rental market in that area.

2. Failing to monitor arrears

If a tenant falls behind in their rent, it can be a very long and costly process to resolve and could leave you considerably out of pocket.

Diarise the dates that your tenant’s rental payments are due and check your bank account on those days.

If they fall into arrears a breach notice should be sent for non-payment of rent.

The number of days in rental arrears before a termination notice can be sent, and the time between presenting the notice and requesting vacation varies around Australia, so it is important to be familiar with your local tenancy laws.

3. Attempting to self-manage a property

Self-managing a rental property can create headaches for landlords, especially if they do not have enough time or resources to commit to such a task.

While it can be tempting to save a small percentage of rental income by self-managing your rental property, the benefits of appointing a property manager can far outweigh the costs.

Property managers are able to conduct regular property inspections to identify maintenance issues, have systems in place to find and screen prospective tenants, and have access to databases that list tenants with a history of defaulting on rental payments, damaging property and eviction.

If a dispute arises with a tenant, they are also familiar with the relevant legislation and can follow the correct procedures to help resolve the problem as quickly as possible.

4. Neglecting maintenance

As a landlord, once you have been alerted to maintenance issues, it is your responsibility to act on these or authorise your property manager to do so as soon as possible.

If a maintenance issue arises and you are slow to fix it, you may be legally liable if your tenant injures themselves. It is also important to ensure that all maintenance is completed properly and to appropriate standards.

5. Inadequate insurance

Specialised landlord insurance cover can protect investors from many of the risks associated with owning a rental property, provide peace of mind and ease a landlord’s concerns about receiving regular rental payments if your tenant damages the property or absconds.

Landlord insurance can cover property owners for malicious damage by tenants, accidental damage, legal liability for occurrences on the property that cause death or bodily injury, and loss of rental income as a result of property damage or a tenant absconding.

Source: The Australian Filipina

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Meet The Man Behind The Cover Of The September 2021 Issue Of Global Millionaire: Deepak Chopra

 

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By Allison Kugel
 
Deepak Chopra has been a mentor of mine from the day of my first interview with him more than a decade ago. I will never forget the day in 2008 when I asked him to explain such existential concepts as the distinction between the brain, mind, and soul; the concepts of space and time, and how meditation benefits our physical and mental health. His answers then were clear and precise and without hesitation; on my end, it felt like waking up from a dream and setting about on a continuous path of discovery.
 
He and I sat down once again, this time to unpack the pressing issues of isolation, anxiety, and depression and the growing epidemic of suicidal ideation and suicide, which has taken a sharp incline over the past eighteen years. Deepak Chopra is now part of a team spearheading the Never Alone movement, a grassroots movement that aims to create community-led organizations around the world to help people in emotional distress who need community support. Never Alone is being funded through a GoFundMe campaign that has already surpassed its original goal.
 
In tandem, Deepak Chopra has released his latest book, Metahuman (Harmony Books/Random House), which delves into the true essence of our nature when we break free of societal constructs and embrace a higher level of consciousness and greater zest for living on this planet.
 
Allison Kugel: The subject matter we are about to discuss is an uncomfortable one, but one that needs to be addressed because we are losing too many people. I looked at some World Health Organization statistics that report there has been a 60% increase in suicides over the past 45 years, with a 30% increase since 2001. My first question for you is simply… why?
 
Deepak Chopra: We are living in a culture that aggrandizes narcissism and the whole idea of a separate self. People are constantly engaged in social media, and in general media as well. All of this leads to performance anxiety in a sense. Am I relevant if I’m not being noticed? On the one hand, social networks are supposed to increase our connectivity. In one sense they do because we can communicate more effectively. But it also increases our isolation if we don’t get noticed. Young adults, in particular, are at a very delicate stage of their life where they’re beginning to wonder about their identity. As young children, we never wonder about identity. We are just happy, without wondering about self-esteem and all those things. As we enter adolescence, identity becomes an issue and we are still forging our identities. Today our identity is all about, “Am I important? Am I relevant?” It’s not even about knowing who we are at a fundamental level. 
 
Allison Kugel: I remember seeing my son, up until about the age of three, exhibit this pure unadulterated confidence and joy that emanated from his being. I have a video of him at the age of 15 or 16 months, where he’s running through a field and cracking himself up for no reason; just happy to be running in the grass. Why do we lose that joy and that feeling of wholeness, of being enough just as we are, as we get older? 
 
Deepak Chopra: You are very right in your observation. The poet Rabindranath Tagore is quoted as having said that “every child that’s born is proof that God has not given up on human beings (paraphrased).” Children are naturally joyful and loving and have empathy and compassion and playfulness as their innate traits. The rest is the hypnosis of social conditioning. Unfortunately, it gets recycled through every generation and now it’s getting worse because of our ability to communicate our self-importance. Self-esteem is natural, in our natural state. We are confusing [self-esteem] with self-image, which is the ego-bound identity. Self-image constantly needs validation or else it feels very fearful.
 
Allison Kugel: I’ve noticed a pattern in the 21st century where we are being pushed to the brink in so many ways. We have extreme weather patterns, mass shootings, more chronic illness, more narcissism, and certainly more anxiety and depression. And we have more people who are medicated than ever before. What is all this pushing us towards?  And what is the spiritual reason for it all?
 
Deepak Chopra: A lot of what you are seeing is the mental health of a collective mind, or a collective humanity, that has created a world with all the things you mentioned. We’ve seen extinction in every other life form, but now we’re ready for our own extinction. The last extinction was sixty-five million years ago as a result of a meteorite hitting the earth when dinosaurs were wiped out. We learned as a result of that extinction. But now if we have our next extinction, it will be as a result of human behavior. If this is not collective insanity… If we don’t acknowledge it then we are decreeing our own insanity. We need to understand our personal role in this collective insanity. Suicide and depression are symptoms of our collective conditioned mind. We treat hate to be normal. We treat the psychopathology of our everyday existence as normal. So numb have we become. And so immune have we become to the cruelty that happens every day in the world. 
Allison Kugel: What if you’re an empath, and internalize everything, and you’re in a constant state of feeling the pain of everybody and everything?
 
Deepak Chopra: We can resign ourselves and say the human experiment has failed; that the human species was an interesting idea on behalf of nature’s evolutionary impulse, but it didn’t work. We can resign ourselves and wait for our collective extinction where we just go to the bar and get a drink, which will numb us even more, and which people are doing with drugs and alcohol and other addictions. This is mostly linked to this massive epidemic of suicide and depression. Or, we can do something about it and hope for the best. What I have discovered through careful observation and as a physician, is that when people support each other in anything, and it doesn’t matter what it is, it is healing. When we support each other, the outcome of whatever that condition is that a person is struggling with, it does improve. This is what has led me to the opportunity to create, both, online and real-time communities where people can support each other for a more peaceful, just, sustainable, healthier, and joyful existence. Ultimately, this is the purpose of life, to experience our innate joy. That comes automatically through empathy, which leads to compassion, which then leads to the desire to relieve another person’s suffering.
 
Allison Kugel: For all the empaths out there, including myself, the answer is to not just feel the pain of the world, but to take loving action towards solutions where and when you can.
 
Deepak Chopra: Right, because compassion leads to love, and it leads to love-in-action. Love-in-action leads to healing. Love without action is irrelevant. And action without love is also meaningless. This is an opportunity for us to create a self-sustaining ecosystem where people support each other and help each other. Helping each other is the best way to help ourselves.
 
Allison Kugel: You’re a part of creating the Never Alone movement to provide support communities around the world, which we hope will prevent suicide and help people feel connected to real support systems. How will the Never Alone platform work, and will it be accessible to people of all socioeconomic backgrounds and geographic locations? 
 
Deepak Chopra: Right now, the Never Alone platform will be run by GoFundMe. We are helping create an advisory board for the GoFundMe campaign. Our goal is to create self-sustaining grassroots movements across the world because even in very impoverished parts of the world, people now have access to wireless technology. In wisdom traditions, a healthy community has three things: people dedicated to serving the community; spiritual practice of reflective self-inquiry, and getting together with other people in the community. Today we can do that online, but we can also do that by creating our own localized communities and centers. This is not a Deepak Chopra campaign or anyone’s campaign. It should be a totally grassroots, self-sustaining campaign where we create an ecosystem for helping each other in [times of] distress.

 
Allison Kugel: With the film The Offering that you’ve recently raised funding for, this is not a documentary, correct? This is a work of fiction that is based on real stories about suicide? 
 
Deepak Chopra: The actress Gabriella Wright, her sister was a very accomplished musical artist in Europe who committed suicide at the age of 28 or 29. This is a film for awareness, in which actress Gabriella Wright is playing the role of a mother whose son commits suicide. We hope to use the film as a tool for bringing awareness to this cause, and to the Never Alone movement. When you give facts alone, some people are moved by the facts, like you were moved by the statistics. But by themselves, facts can be very dry. When they are linked to an emotional response, people feel compelled to look at the facts in a different way. We are hoping that The Offering will be a film that will bring some insight to the epidemic of loneliness. The film is only one aspect of this movement. After that, the goal of the Never Alone movement is to encourage other people to produce videos and films, and to share stories to increase awareness and create their own communities both offline and online.
 
Allison Kugel: I have a question that could be construed as controversial, but it’s been on my mind. Over the last 15 to 20 years the veil, so to speak, has been thinning in terms of more people becoming aware that our souls are eternal and that there is a spiritual dimension to which we go on; the concept that we were alive before we got here and we will be alive in spirit when we leave. Do you think this information can be a double-edged sword in the wrong hands, and that people might then see suicide as a viable option because of this? For example, the thought could be, “I don’t want to cease to exist. I just don’t want to be here.” I would hate for that to be the case…
 
Deepak Chopra: I hesitate to answer that because I don’t really know that that’s one of the reasons for the increasing epidemic of suicides. Many people do not have insight into the true nature of their soul. In the past, if you spoke about the soul or the spirit, a lot of people considered themselves scientists and secular, and they would roll their eyes and look away because you’re not talking science. Right now, there’s a big discussion among scientists about what fundamental reality is. Is fundamental reality physical, or is fundamental reality non-perceptual and in the realm of what you and I would call the soul? Scientists are now struggling with a good physical explanation for what we call “consciousness.” There’s no biological explanation for consciousness. Right now, as I’m speaking to you, all that’s going to your brain is an electrical current. You are experiencing the sound of my voice, and not only that, you are interpreting that into meaning. Where is that happening? Science has no idea. So, there are some cutting-edge scientists now that are addressing this. What we call the physical world is an interpretation of perceptual connectivity in our own consciousness. The only thing that is eternal is what you just referred to as the soul, which is not in space or time. It will take a long time for science to catch up to this idea. In the meantime, we have to deal with everyday reality. And some everyday realities, at this moment, are very depressing and it’s our own collective projection. We need to change it. 
Allison Kugel: For somebody who is having suicidal thoughts or feelings, what does it take to bring them back from the brink and to move their energy back into a space of embracing life once again?
 
Deepak Chopra: It takes a loving, compassionate, caring being to be present for them. And that’s all it takes. I think there’s no situation that is so desperate that love and compassion and presence and caring can’t alleviate it, with any kind of desperate situation. But we now need to create the platform for that.
 
Allison Kugel: Have you, yourself, at any point in your life had a suicidal thought or feeling, and if so, how did you work your way out of it? Or has a loved one of yours ever experienced something like that?
 
Deepak Chopra: I have personally never experienced this kind of extreme ideation. But when I was in active practice as an internist and an endocrinologist and emergency room physician, I saw it all the time, several times a day. And then I looked at my own family; cousins, nephews, nieces, uncles, aunts. And I don’t find a single family, including my own, where this type of extreme desperation has not resulted in a suicidal act. From my medical school days to my internship and residency, I have witnessed these kinds of ideations and this kind of outcome of extreme desperation, which we call suicide. It’s never been out of my awareness, not even a single day since I became a medical student. And I do remember also in my early growing up years, becoming aware of relatives in my extended family who have done that, so it’s a daily reminder that we need to do more to alleviate everyone’s suffering. Our own personal happiness is dependent on the happiness of others. In fact, all the data shows that the most effective way to be happy is to make someone else happy. The easiest way to make someone happy is to give them attention, which means to listen to them, not advise them, but listen to them. You don’t try to change another person. It’s hard enough to change yourself when you want to. But if you listen to them and you are there to support them, then they change, especially if you care.

 
Allison Kugel: Let’s touch on your new book, Metahuman. Does the book delve into teaching people to tap into the quantum field?
 
Deepak Chopra: The book is about what is fundamental as opposed to what is a social construct. War, terrorism, socio-economic circumstances, injustice, climate change are all because of false constructs. The falsest construct that human beings have created is that we are separate; the subject and object of experience are two different things. Right now, for example, I believe that I am the subject of this experience and you are the object of this experience. You think you are the subject of the experience and I am the object of the experience. This is an artificial divide. Unfortunately, our science is based on that, so we end up using science for diabolical purposes and ultimately risk our extinction. My book is saying that you should wake up from the dream which has now become a nightmare. And the dream is that we are separate beings. We are actually part of a holistic process and when we embrace that wholeness then we are holy, and we are healed. Wholeness, holy, health and healing go together. Everything you mentioned about mindfulness and meditation, these practices give us that experience of wholeness. When we go beyond our skin-encapsulated ego-identities, that is what the book is about.
  
Deepak Chopra’s book, Metahuman: Unleashing Your Infinite Potential (Harmony Books/Random House), is available wherever books are sold. Learn more about the Never Alone movement at GoFundMe.com/NeverAlone. Follow Deepak Chopra @DeepakChopra and tune in to his podcasts Infinite Potential and Daily Breath for your regular dose of Deepak, wherever podcasts stream.
 
Allison Kugel is a syndicated entertainment columnist, author of the memoir, Journaling Fame: A memoir of a life unhinged and on the record, and owner of communications firm, Full Scale Media. Follow her on Instagram @theallisonkugel and at AllisonKugel.com.
 
Photo Credits: Todd MacMillan, Jeremiah Sullivan, Harmony Books/Random Hous
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The Big Reason This Successful Crazy Rich Asians Star Still Lives With An “All I Need Is $500/Month” Mentality

Last year, Awkwafina became the first Asian-American to win the Golden Globe for best actress for her lead role performance in the musical or comedy category in the 2019 drama “The Farewell” which solidified her status in Hollywood.

The talented rapper, comedian, and actress also appeared in two box office hits in 2018: “Ocean’s 8” and “Crazy Rich Asians.” Thanks to her big roles in these movies, she has an estimated net worth in the millions.

But even though she’s got money to burn these days, Awkwafina still plays it safe when it comes to handling her money. She told guest host Lisa Ling on an episode of “Death, Sex & Money” that she doesn’t “splurge on literally anything,” and that she’s quite frugal when it comes to buying clothes: “I’m literally wearing Target pants.”

She also still lives in the first apartment she moved into after college as per CNBC – which happens to be a railroad apartment in Brooklyn, New York, that she discovered through a friend.

CNBC further confirmed that her philosophy about money came from her grandmother, who helped raise her in Queens after her mother died when she was just four years old. Unfortunately, her grandmother’s restaurant went bankrupt, which forced her grandmother to work four jobs to generate income.

Awkwafina also told Ling that her grandmother used to constantly worry about money. She said, “she would lie awake sometimes, and we’d be next to each other, and I asked her, ‘What is your only wish, Grandma?’ And she was like, ‘Just being able to pay my bills this month.’ … It was something that ate at her and I remember as a kid thinking that we don’t have money.”

This is the big reason why Awkwafina still lives like she can go bankrupt anytime even though her career is now well and truly established. In fact, she told Wealthsimple that “if I get a big check, I try really hard to just put it in a savings account and not touch it.”

Editorial credit: Ovidiu Hrubaru / Shutterstock.com

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4 Millionaire Success Habits That Will Definitely Inspire Your Life

The road to becoming a millionaire is not through those typical infomercials that will make you believe that you will be rich by buying a distressed property and then selling it for millions of bucks. The only thing that you will likely get with them would be eye bags due to lack of sleep. In case you are one of those people who was lured on their false advertisements, you probably have more debt now.

Realistically, the best possible way to become a millionaire one day besides winning the lotto is to work for yourself. This is why most businessmen are brave to face the possible risk of failure, the emotional roller coaster and the vulnerability of the economy because there could be a pot of gold at the end of the rainbow.

To help you get started on your journey towards becoming a millionaire, we have created a rundown of regular habits that successful people normally do.

Create Choices

The average people will usually choose on the existing choices. Successful people will try to examine the existing choices, and they will then create their own choices. In case you are in a particular situation, you will often choose the best case scenario and stick with it. However, if you want to know how rich people think, you may start the habit of analyzing the best possible option and then make this choice available. This is the reason why most millionaires are doing the impossible.

Believe in Yourself

If you want to be a millionaire, you will stumble upon numerous obstacles in your journey. There are people who will disapprove, and there are those people who will criticize you. The rich people look at their opinions as a mere data. They tend to filter the data and look at the things that they can use. The rest of them will be ignored. We do not necessarily mean that you should disrespect the idea of others. We simply say that you should believe in yourself, your ideas, dedication, perseverance and abilities.

Think About how You Play the Game

In case you want to know how to be a millionaire, the way you play the game is more vital than winning or losing. Everyone wants to win. In fact, you will not be reading this if you are not determined to win. However, you should not be playing the game that you are just forced to play. You will need to alter the existing rules, create the arena and win the game on your own terms.

Hate the Comfort

There are some people who once they acquired essential skills they just work hard and stay within their comfort zone. We’re not saying that it is a bad thing; the definition of success differs from person to person. However, if you really want to be a millionaire, you should hate the contentment that is brought in by acquiring new skills. Look at this as a step towards achieving a higher skill. Achievement is a foundation towards another achievement.

Dream big and try hard, there is really no impossible thing for you to achieve. If you are determined to be a millionaire, the right amount of perseverance, dedication, and these habits will guide you on the right path.

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The Big Reason Former NBA Star Shaquille O’Neal Rejected A $40 Million Sneaker Deal

Former NBA superstar Shaquille O’Neal has revealed how an old woman cursed him out which led to him walking away from a massive $40 million deal with Reebok.

According to the New York Post, Shaq recently appeared on the Full Send podcast, wherein he decided to share what he considers as his “best” business story.

The four-time NBA champion explained how he was approached and confronted by a foul-mouthed woman over his pending Reebok deal.

O’Neal said, “I’m leaving the arena one day, and this lady, she’s ripping me a new a – ‘You motherf***ers, charging these babies all this money for the shoes.'”

“So I had like, $2000 in my pocket, and I was like, ‘Ma’am, I don’t make the prices, here you go’ – and she smacked the money out of my hand.”

O’Neal then explained that the woman responded by angrily saying: “Why don’t you motherf***ers make a shoe that’s affordable?”

Somehow, this abrupt interaction with the woman made him question his decisions in life.

“I was like, ‘You know what, she’s right.’ So that day, I cut ties with Reebok and started my own brand,” he quipped. “I said, ‘Keep the money. This ain’t right. I’ll still wear the shoes I wear during the season, but I’ll be looking to do my own thing.’ So, I started the Shaq brand.”

O’Neal further said: “I went to my favourite store, Walmart, and we did a deal. I was in all stores and my price point for the shoes was $29-$19 and since then we sold over 400 million pairs… It’s not kids that don’t want to wear $20 shoes, they don’t want to wear shoes that look like they cost $20.”

Editorial credit: Ron Adar / Shutterstock.com

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Inside The Mind Of Brian Rehg: The CEO Of Blue Stingray

Brian Rehg has learned that behind every successful software solution is a team of strong engineers. Since launching the company in 2009, Blue Stingray is dedicated to always employing best coding practices and providing solutions that follow the latest industry standards. Brian continues to bring his more than 25 years of enterprise cloud solutions experience to provide the vision and strategy for continuous growth. Under Brian’s direction, Blue Stingray has won countless awards, given back to the community, started a free tech school, developed an extensive client base, and surpassed $10M in revenue.

Global Millionaire Magazine recently caught up with Brian to discuss his journey as an entrepreneur and here’s what went down:

Could you please tell our readers a brief background about yourself and how you started your business?

I started my business the day after being laid off from a company that was struggling to stay above water. A large percentage of employees were laid off in an attempt to make the company financially secure.

I had worked for several companies in a row that had failed for various reasons — and really, that experience is equivalent to earning an MBA at an Ivy League University. I saw firsthand why businesses failed, and I knew how to avoid certain mistakes. Of course, owning a business is all about making mistakes, and I made plenty in my first few years, but I was able to hit the ground running.

When did your entrepreneurial flair first reveal itself?

Since I was 19, I’ve had side businesses. I’ve always felt the need to keep moving. Even when I worked 55-hour weeks and spent my free time taking classes and remodeling my home, I was doing odd jobs that were related to my field. I don’t like to waste time. To me, work is rewarding — I enjoy it in the way that other people enjoy leisurely activities.

In a sense, I didn’t see it as work, and I think that mindset was helpful when I made my business my primary source of income. There’s an old saying among business owners; we “work 80 hours a week to avoid working 40.” There’s truth in that, but if your business is one of your top priorities, the “work” becomes enriching.

How did your life look like before being an entrepreneur?

I was a family man, and I still am. I had many career successes throughout my life, so I was financially secure. That meant my risks were limited — nothing I did would have compromised my family’s comfort, as long as I analyzed those risks correctly.

As an entrepreneur, what is it that motivates and drives you?

As I mentioned earlier, hard work is rewarding for me, but that’s not the only reason I do this. I love watching my team members grow. We’ve had green, inexperienced people become members of our executive staff. I’ve seen people who were there from the beginning buy new homes, go on amazing vacations, and support their family members.

Money was never my motivation, except when that money allowed me to hire interesting people and help them succeed.

In one word, describe your life as an entrepreneur and explain why.

“Rewarding.” I have never felt more rewarded in my life. And again, it’s not the money — it’s about developing as a person. You feel it in your spirit.

What were your top three motivations for starting your business?

I like hard work. I love helping people grow, and I love being able to give back. At this stage, I’m able to devote time and resources to charitable causes and mentorships, which is exactly where I’ve always wanted to be.

What would you say are the key elements for starting and running a successful business?

First, you need to have the right mindset: Stay calm, cool, and confident, even when everyone else is panicking. Second, you need to be great with people. You need to be able to build a team, and the CEO needs to be able to sell by building relationships with other business people.

You also need a passion for what you are doing, and you need to be able to share that passion. You need to be proactive, honest, and loyal to your staff. You have to learn that you work for the employees — not the other way around.

What are two of the biggest challenges you have faced growing the business, and how did you overcome them?

We have consistently grown, and we’ve faced serious growing pains; we’ve frequently encountered situations where we didn’t have enough employees to keep up with cash flow. We’ve addressed that by developing training programs to grow and build a team of senior-level engineers, and we learned to spend little to no money on overhead.

Second, we’ve learned to be aware of client behaviors. Some larger clients take advantage of small vendors in an attempt to get high-quality work for little to no pay. That can be devastating and costly. We qualify potential clients now, which just means saying “no” to many companies or individuals within companies that display red flags. That doesn’t matter if they’re Fortune 100 companies or small businesses — if they’re not willing to pay for quality work, they’re not worth the effort.

What form of marketing has worked well for your business throughout the years?

We don’t have a sales team or a marketing staff. I was amazed by how quickly the company grew via word of mouth — we simply treat clients fairly, and we do great work at a fair price. When you fill a niche and you’re proud of your work, your business grows, period.

As you grew the business, what have been some of the most important leadership lessons you have learned?

Establishing a team of diverse, capable individuals takes a unique set of skills, and I’ve learned how to do that through trial and error. Leaders should know that every team member has specific goals and needs. You’ll need to meet those to help them to do their job efficiently. Learning about those needs and goals takes time, patience, and hard work.

What is the best advice you have ever been given?

It’s an old one, but it’s great advice: “Keep your eye on the ball.” That means staying hyper-focused on the task at hand, especially during difficult times. If you are in a burning building and you see the exit in front of you, stay focused on that door. No matter what happens around you, keep moving forward — even if you have to crawl.

What advice would you give to a newbie Entrepreneur setting up their first business?

Dip your toe in the water before you dive in.

I started my company with an old laptop from my kitchen table. I used contractors when I needed them. My website was bad, my marketing was bad, and I didn’t have a plan, but I made a good profit the first year — I knew I had something, so I dove in. I made sure to grow my business slowly, in a way that I could (mostly) control. Many companies in our industry failed by growing too quickly, without clear goals. We’re still going strong. We’ve had record sales every year, and that’s because we thought carefully about every step forward.

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Entrepreneur Spotlight: Get To Know Entrepreneur And Best-Selling Author William S. Matthews

William S. Matthews is a passionate modern-day renaissance man with big dreams and even bigger ambitions. Being a best-selling author, world-recognized public speaker, and successful real estate investor, was never William’s goal. Ever since he was a young boy in his native Houston, Texas, William had one dream – to be successful and enjoy life to the fullest. Even if it meant stepping out of his comfort zone or going the extra mile.

Today, William is still actively pursuing his childhood dream every single day. From project management to workshop facilitation, and from keynote speaking, to fundraising millions, William’s detail-oriented, energetic, and dynamic personality allows him to lead and take part in multiple projects for both nonprofit and corporate entities. But that is not enough.

He is the author of two best-selling books “Everything I Need to Know about Life I Learned from an Event Planner” (On Demand Publishing, 2013), as well as “Everything I Need to Know about Money I Learned from My Broke @$$ Friends” (On Demand Publishing, 2015) that have touched and inspired thousands to change their mindsets.

People who have worked with William will describe him as a charismatic, charming, and energetic change maker with an impeccable sense of style, but in his mind, he is nothing more than a go-getter.

His background in real estate, event planning, and corporate community relations, has shaped his signature approach that combines his entrepreneurial alter-ego with his uncompromising personality and philanthropist mindset.

Global Millionaire magazine recently caught up with William to discuss his journey as an entrepreneur and here’s what went down:

Could you please tell our readers a brief background about yourself and how you started your business?

My name is William Matthews, and I am from Houston. I have spent over ten years working with many of Houston’s top social, corporate, and non-profit institutions, and my work has included community outreach, project management, workshop felicitation, fundraising, and keynote speaking. For the past five years, I have been a public and community affairs professional with a substantial knowledge base in the areas of corporate relations, civic engagement, and real estate development. Additionally, I have written guides to personal finance and event planning, and I just released my third book, “Everything I Needed to Know About Corporate America.”

When did your entrepreneurial flair first reveal itself?

Growing up in Houston with parents who were real estate brokers, I spent many hours surrounded by entrepreneurs of all types, which I think helped inspire me toward my future career. But my mother was always my biggest cheerleader inspiring me to pursue my career, follow my passion, and stay true to who I am. Starting from a very early age, I saw how she maneuvered all of her responsibilities- from managing a business, taking care of her family, to being a member or board member of a variety of organizations. My mom proved to me that as long as you have passion and drive, you can do everything that you aspire to do professionally and still be an amazing parent. One of her favorite quotes is “Quitters never win, and winners never quit,” which I still live by to this day.

How did your life look like before being an entrepreneur?

My background in real estate development, event planning, and fund development has shaped my signature approach that combines my entrepreneurial alter-ego with an uncompromising personality and philanthropist mindset. I strive to resonate with my audience at each speaking engagement with my sense of humor, wit, and descriptions of the challenges that I have faced. Growing up, I had a major chip on my shoulder after being kicked out of five schools and told by many I wouldn’t amount to anything. Since then, I have achieved two degrees, written three books, raised millions of dollars for organizations, and completed a leadership program at Harvard University.

As an entrepreneur, what is it that motivates and drives you?

The freedom to go at your own pace and work with your own team is one of the greatest benefits. I look at it as you are the director of your own movie so you get to select your supporting cast, your budget, your script, you get to do everything. It’s completely different when you are just hired to be an actor or an extra when you work for someone else. It gives you the freedom to be your own director.

In one word, describe your life as an entrepreneur and explain why.

Renaissance. That is the word that I use to describe myself because I think as an entrepreneur you’re not just in one field; I’m an author, public speaker, I’m in real estate, and more so I think it all goes back to my brand of being a renaissance man. I think that one word cultivates and says a lot about being an entrepreneur.

What were your top three motivations for starting your business?

My parents for one, because they were entrepreneurs so it was constantly instilled in me. That was a big motivating factor. Also, going back to a previous question, you get to go at your own pace. You get to decide who you work with, what projects to be a part of, you get to say no to someone, instead of someone just handing you something and saying go and do this. I can choose what I want to be a part of and make sure it aligns with my brand. Another motivating factor is just the freedom and flexibility it gives you, which is something that most entrepreneurs love. Especially this year and being able to work from home. You don’t have to go to the office and put yourself at risk in this pandemic. If I wanted to, I could go work in the Dominican Republic for an entire month and no one would even know.

What would you say are the key elements for starting and running a successful business?

Knowing your audience for one, whether you are selling a product or giving a service, or whatever case, you really need to know who your audience is. I think that is the first thing that you need to do. Secondly, you need to make sure that you have a strong sense of community around you to help guide you. One of those could be a financial advisor, another one could be an accountability partner or just a person you vent to when things aren’t going the correct way. They say it takes a village and I truly believe that, so you need to have your village lined up before you decide to embark on your entrepreneurial journey. Lastly, I think it’s important to have a mentor that is in your field, and a mentor that looks like you, as well as a mentor that isn’t in your field and doesn’t look like you to help guide you.

What are the three biggest challenges you have faced growing the business and how did you overcome them?

Getting the word out there is always the difficult part for a lot of entrepreneurs. It is also getting people to give you a chance and an opportunity as you are trying to build your portfolio, your brand, and your client base. Everyone has to start somewhere and what happens to new people is that no one really wants to give them a chance because they want to work with experienced people. Everyone needs a start, so just start with family and friends first, or reduce your price the first few times, or take a free gig until you build your portfolio, your reputation, and your brand. And then you can go out there and charge what you are worth. You know your worth, but competition is tough and for people to want to take a chance on you, sometimes you just have to play the game until you can really write your own rules.

What form of marketing has worked well for your business throughout the years?

Utilizing social media is a really great form of marketing. Also using word of mouth, reaching out to family, friends, and any other connections you have, is also extremely important. It really goes back to the old-school marketing methods. Sending out email blasts to family and friends or sending text messages to all of your contacts. It is so important to reach out and catch up with people, especially during this pandemic, and with that, you can also have a way to talk about your business and what you have been working on. They can support you by spreading the word even more. Posting about your services or your product on social media pages, or writing positive reviews is so helpful. It can be time-consuming, but if you just stick to it, it will pay off.

As you grew the business, what have been some of the most important leadership lessons you have learned?

There is nothing worse than a leader who does not listen and claims to know everything. The best leaders surround themselves with people who challenge them and add value to the overall team. I have been the most successful with supervisors who had an open-door policy, and who always greeted me with a warm smile and offered me constructive feedback. While my ideas were not always accepted, they were encouraged, and that is what gave me the confidence to continue sharing my thoughts and made me proud to be a part of the team.

Furthermore, any good leader should be comfortable with being uncomfortable, because that is when they are growing the most. Comfort and growth do not go together!

Finally, another component of great leadership is to refrain from compromising your morals or beliefs to fit into the “status quo.” One of the best pieces of advice a former boss shared with me was: “I’ll give you my opinion, but my beliefs are not up for debate.” In other words, don’t sacrifice who you are to get a seat at the table. Your beliefs and experiences are what make you valuable to a team, and as such, it is critical to retain these in everything that you do. I try to live each day by this quote, as it helps me remember who I am as I lead my team.

What is the best advice you have ever been given?

There has been so much advice that has been important to me. There is a quote that my mother had in her office that said “Quitters never win and winners never quit.” For the longest time, I didn’t even know what that meant. It wasn’t until being in high school, I understood what that meant. There was another one that my mom would always tell me and write down in letters and cards which was “Keep your eye on the prize.” Those are the two that I think are really beneficial for entrepreneurs. I also think if you go into anything with money as the motivating factor, you won’t get the results that you want. I know it’s hard to say and hard to do, but don’t go into it with a money mindset. I don’t write books or do speaking engagements or get up every day for money, that’s not a motivating factor for me, that’s not how I live my life. I think that has allowed me to be successful and most importantly, happy.

What advice would you give to a newbie Entrepreneur setting up their first business?

I’d recommend a few things! First, don’t let anybody tell you who you are. I always try to live by the phrase, “Know who you are as a person, and don’t do things to fit in.” Whether you’re in the music industry, politics, or the corporate world, these words are essential to live by. Many times, especially for people who are just starting with their first job, everyone around you will try to tell you who you are. While it may be difficult to live by these words at first, ultimately, doing things just to try to fit in does more harm than good. It’s important to find this for yourself and then stick with those values throughout your career. What type of leader are you? What values are important to you? Don’t sacrifice these important qualities for a seat at the table- other great opportunities will come.
Next, surround yourself with people who hold you accountable, and who don’t simply agree with everything you say. My top five friends are what I call my “Board of Directors,” and they make sure to both hold me responsible for my actions and also celebrate my wins!
Finally, make sure that you read a lot of books on entrepreneurship and leadership, and find a mentor in your chosen field. Also, remember comfort and growth do not go together. When you feel uncomfortable, that’s you growing as a person.

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Reese Witherspoon Just Became The World’s Richest Actress

Actress Reese Witherspoon has just sold her five-year-old media company Hello Sunshine for $900 million and according to the Wall Street Journal, the buyer is a media company backed by the private equity firm – Blackstone Group Inc.  This makes the Reese the richest actress in the world according to Forbes.

Witherspoon in a statement as per Complex, “today marks a tremendous moment for Hello Sunshine.” She further said, “I started this company to change the way all women are seen in media. Over the past few years, we have watched our mission thrive through books, TV, film, and social platforms. Today, we’re taking a huge step forward by partnering with Blackstone, which will enable us to tell even more entertaining, impactful, and illuminating stories about women’s lives globally.”

Hello Sunshine centers on stories by and for women. The company has produced films such as Gone Girl and Wild and TV shows including HBO’s Big Little Lies, Apple’s The Morning Show, and Hulu’s Little Fires Everywhere. “I’m going to double down on that mission to hire more female creators from all walks of life and showcase their experiences,” Witherspoon said in a statement as per Vanity Fair. “This is a meaningful move in the world because it really means that women’s stories matter.”

The yet-to-be-named media venture Blackstone will be run by former Walt Disney Co. executives Kevin Mayer and Tom Staggs. They said in a statement as per Complex, “We are thrilled to partner with Reese, Sarah, and the entire Hello Sunshine team.” They also said, “Hello Sunshine is a perfect fit for our vision of a new, next-generation entertainment, technology, and commerce company. We seek to empower creators with innovation, capital, and scale to inspire, entertain, and delight global audiences with engaging content, experiences, and products. Our platform will foster a uniquely creator-friendly culture that gives elite talent the resources they need to create and capitalize on their best, most inventive work. We look forward to backing Reese, Sarah, and their world-class team as they continue to produce and identify dynamic, engaging content for years to come.”

Editorial credit: Ga Fullner / Shutterstock.com

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R&B Singer Rihanna Is Officially A Billionaire Thanks To Fenty Beauty line

It’s official: Rihanna has finally entered the billionaire’s club making her the richest female musician in the world.

According to Forbes, Rihanna is now worth a whopping $1.7 billion. But her massive fortune is not just coming from her music, the big chunk of her wealth actually comes from the value of Fenty Beauty (worth approximately $1.4 billion), in her lingerie company, Savage x Fenty (worth approximately $270 million) and of course, her earnings from her career in music and acting.

Fenty Beauty was launched in 2017 and this is a 50-50 joint venture between Rihanna and French luxury goods conglomerate LVMH (run by Bernard Arnault, the world’s second-richest person). Forbes attributes Fenty Beauty’s success in its products which come in a diverse range of colours—the foundation which is offered in 50 shades, and this includes harder-to-find darker shades for women of colour.

Furthermore, Fenty Beauty isn’t Rihanna’s only billion-dollar baby. Forbes confirmed that in February, her lingerie line Savage x Fenty raised $115 million in funding at a massive $1 billion valuation. Savage x Fenty was launched in 2018 as a joint venture with TechStyle Fashion Group, this venture includes high-profile investors such as Jay-Z’s Marcy Venture Partners and private equity firm L.

With all these successful ventures under her belt, it’s understandable that she hasn’t released any new music as her last album, Anti, came out back in 2016. A massive congratulations to Rihanna and more power to her!

Editorial credit: Debby Wong / Shutterstock.com

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Meet The Entrepreneur Behind The Cover Of The August 2021 Issue Of Global Millionaire: Agus Dinata

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A hardworking entrepreneur, Agus Dinata specializes in cryptocurrency and the tech industry. Originally hailing from a humble background, Agus’ parents were strict and disciplined when it came to education. He was always taught to be independent and not to cause any trouble for others. His parents also taught him to live a disciplined life, regularly plan for the future, and always be punctual. He truly believes that he grew up different from other young people because of his parents’ guidance. He didn’t party nor did he play too much when his friends were having the time of their lives. Instead, at the age of 16, he was already business-minded; his entrepreneurial mindset has always been encouraged by his family, especially by his parents who always encouraged him to be an independent person. At the age of 20, he decided to join his parents and help out running their business. It was also at that point when he was also thinking about establishing his own business.

Agus has always been interested in starting a business within the technology space especially something that’s related to web and mobile applications. In 2010, he started getting into cryptocurrency which was very new at that time – most people still did not know what cryptocurrency was. Eventually, he decided to try running a business within the cryptocurrency industry. Without much preparation, he just jumped straight into the crypto world through various companies that at that time, launched crypto-based projects. Then finally in 2019, he initiated a fairly massive business in Indonesia with an established loyal community that consisted of thousands of people. The business was called “Smart Ecosystem,” Agus, along with a group of like-minded entrepreneurs created this smart contract-based ecosystem that in the future can disrupt the technology industry; specifically when it comes to creating utilities that can benefit many people in the long term.

Global Millionaire Magazine recently caught up with Agus to discuss his journey to entrepreneurship and here’s what went down:

What are you currently doing to maintain/grow your business?

Education and internalization of militancy or leadership values are my backbones when it comes to developing a cryptocurrency-based business that opens up opportunities for others to participate in the market and make profits through the affiliate system the I am currently working on, i.e., the “Smart Ecosystem.” The type of business with an underlying asset such as crypto is indeed unique because you could say that marketing or customer acquisition is not the most important part of the business. Similar to many other digital businesses, there are more crucial things to look into such as community management, community education, and project management. With good community management and education, we can create numerous loyal customers which we currently call the cool “Smart Army”, this is a community of people who are loyal to this smart ecosystem business. Besides marketing, we also provide education about crypto fundamentals, DeFi, as well as promote the spirit of leadership to the Smart Army.

Additionally, my team and I constantly develop the business by conducting seminars both online and offline in various cities in Indonesia since 2019. Even though we are currently facing a massive challenge due to the ongoing pandemic in Indonesia, we are still trying to continue to grow by investing in research and development, especially those related to smart contracts and AI (artificial intelligence). Finally, after a very long preparation, we are about to launch the latest sub-products and systems of the Smart Ecosystem, namely: Smart Academy, Smart Living, Smart Utilities, and Smart Wealth. Several sub-products of the Smart Ecosystem have contributed to each other to provide more benefits and income opportunities to the Smart Army.

What social media platforms do you usually use to increase your brand’s awareness?

Twitter and Youtube. They have become the favourite social media for cryptocurrency enthusiasts because on Twitter there are numerous tweets from influential people from all over the world who support the cryptocurrency existence and its development globally. We also frequently use YouTube as a medium for interaction with the community to increase community engagement.

What is your experience with paid advertising, like PPC or sponsored content campaigns? Does it work?

Talking about our experience in using paid advertising, we always do trial and error and various experiments before we determine a paid advertising channel that is suitable for a typical niche market business like ours. In the end, we decided on some of the most suitable paid advertising channels, i.e., advertising through social media such as Twitter, Youtube, and several websites specific to the crypto industry that are frequently visited such as Coinmarketcap, Coinecko, and so on. The impact of paid advertising is huge if we do the right analysis beforehand such as being attentive to the factors of traffic, visitor personality, good copywriting, and one more thing, an eye-catchy animation-based promotional video content, so that makes it easier to deliver marketing content more emotionally and ultimately convert visitors into buyers.

What is your main tactic when it comes to making more people aware of your brand and engaging your customers? How did your business stand out?

Brand awareness and customer engagement are the two most important elements of product management we created. We took several strategic steps to ensure that our brand continues to be the leader in the market even though we are dealing with the COVID-19 pandemic. We do cross-selling through the sub-products we launched, and provide additional benefits beyond the main benefits. So that our customers can continue to automatically engage with our business longer while providing them with a platform to gain income through a Smart Ecosystem called Smart Wealth. Smart Wealth is a decentralized platform that allows the Smart Army to contribute to smart token sales and Smart Army licenses. So, we can also make efficient customer acquisition costs due to the very large contribution from the Smart Army. Through these strategies, we firmly believe we can build and continue to maintain brand awareness of the Smart Ecosystem.

What form of marketing has worked well for your business throughout the years?

Marketing by influencers and the affiliate system which is a sub-product of the Smart Ecosystem, namely Smart Wealth, has become the main strategy of our marketing and sales division. Apart from it, we also carry out various marketing strategies such as digital marketing, paid advertising, copywriting, video marketing, and so on.

What is the toughest decision you had to make in the last few months?

The toughest decision I’ve ever made in the last few months was to lay off some staff due to the impact of the ongoing COVID-19 pandemic. It is very hard for us to do this because we have a corporate culture that emphasizes teamwork, collaboration, and mutual understanding on issues between divisions so that we can maintain a very close relationship between colleagues in the company like a family.

What money mistakes have you made along the way that others can learn from (or something you’d do differently)?

A money management mistake I made a few years back before I started my Smart Ecosystem business was that I didn’t realize the importance of portfolio diversification in multi-product financial management. I used to think that some products could be managed through centralized organization and financial management. However, it turns out that this has actually backfired because there is a conflict of interest between the interests of one product and another. It has really been my biggest lesson and I have now diversified a good portfolio of products from the Smart Ecosystem.

What new business would you love to start?

Financial products, such as E-Payment. In fact, I have prepared this for a long time and it is designed as a long-term goal that I can achieve together with the Smart Army community. We design e-wallets like Alipay and Google Pay, but it is backed up directly by one of our tokens, SMT cash. In the future, we will name it Smartpay, the one and only e-wallet with underlying crypto where the underlying SMT cash is designed as an absolute deflationary token or non-inflation-able token.

If you could go back in a time machine to the time when you were just getting started, what would you do differently?

I would have started a Smart Ecosystem business back in 2010! Unfortunately, this brilliant idea came to me in 2019 and it got further improved this year. If I worked on this idea even earlier, its value would be much bigger now.

What is the best advice you have ever been given?

In the past, when I first started a business, I was always thinking about how I can increase personal wealth through business. And it affected the business; the business was unable to develop properly and management fell apart. Until one time I got advice from a person (I can’t mention his name) and this person said “Don’t even think about starting a business so you can have a lot of money. Instead, start a business so you can make a difference in people’s lives.” I continue to take this advice to heart up to now so I can be in this position.

What advice would you give to a newbie Entrepreneur setting up their first business?

My advice for newbie entrepreneurs who are starting their business is to never have a mental block when it comes to starting a business and initiating a business based on trends. Expand your relationships, and learn about the industry you’re interested in deeply and seriously. Don’t invest in a business you don’t understand.

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Six Things You Need to STOP Doing if You Want to Be Successful

Becoming successful is already a difficult feat but staying successful is far more difficult. Most entrepreneurs have some sort of idea of what it takes in order to become successful.

But what most don’t have, is an idea of what NOT to do in order to be successful. A number of entrepreneurs spend much of their lives stuck in this conundrum and as a result, suffer highly.

This article lists and explains some of the things entrepreneurs should stop doing in order to be successful.

  • Return to What Didn’t Work

This is one of the most important aspects of what shouldn’t be done for maintaining success. Once something does not work, it should be avoided at all costs in the future. There is simply no point in believing that a certain idea will work the second time when it failed the first time.

  • Change Yourself

Changing yourself in order to ensure success is not recommended. Yes, one should step out of their comfort zone to explore new avenues but this does not mean that they should change their personality and values completely. Staying true to yourself is one of the most basic principles required to be successful.

  • Change Someone Else

Change is inevitable whether it’s for yourself or someone else. However, forcing the issue is not. Changing someone and manipulating them for personal gains and advancement will only result in a loss of respect and trust from the side of the other party. Success should be done in a competitive manner but within the bounds of ethics and morals.

  • Please Everyone

One can simply not please everyone at the same time. There will be many hurdles and individuals in your path to success. Managing them and planning strategies and goals accordingly is essential you stay successful in the long term.

  • Think Short Term

In the history of successful individuals, there has been no such case where the individual thought of the short-term rather than the long-term. It is simply not possible to achieve and sustain success if one constantly thinks about the short term and avoids strategies and planning required to sustain success over a longer period of time. Thinking short-term will only get you so far but looking over the horizon and smarter than your competitors will not only result in personal satisfaction but also financial gain.

  • Look at the Smaller Picture

Highly successful entrepreneurs always devise strategies by looking at the bigger picture. They always have a backup plan or contingency measures that will be implemented if an unfortunate situation or event arises. This ensures success is not short-lived and any potentially threatening scenario does not prove to be catastrophic.

All in all, keeping in mind all of these factors can enable an individual to come back from a debilitating failure. What is needed is an optimistic frame of mind and the will to be better than your previous self.

Photo Credit: Andrea Piacquadio

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One On One With Jeremy Stewart – One Of The Co-Founders Of The Award-Winning Animism Studios

Jeremy Stewart is an award-winning animator with over 20 years of experience in the film industry. Prior to Animism Studios, he was an animation supervisor at Double Negative, a 5x Oscar-winning Visual Effects Studio. He has also held Supervisor and lead roles at several other top studios. His long list of credits includes MarveL’s Ant-Man and the Wasp, Pacific Rim II, Jurassic World, Star Trek: Beyond, The Thing, X-men, Happy Feet, Charlotte’s Web, and many more.

With fellow founders Victor Barbosa and Stephen Kelloway, they have built a Visual Effects VFX company that creates stunning visuals and animation for movies, episodic series, commercials, and more. The company started as 5 artists and quickly grew to 30 prior to the pandemic slowdown. This boutique studio employs some of the world’s top VFX artists. The studio has won numerous awards and its clients include; Netflix, Apple TV, MGM, and Paramount.

Global Millionaire Magazine recently caught up with Jeremy to discuss his journey in the entertainment world and here’s what went down:

When did your entrepreneurial flair first reveal itself?

My parents are entrepreneurs, so I think I inherited their entrepreneurial spirit and work ethic. From when I was 11 years old I always had some little side jobs like mowing lawns, a paper route, or washing cars. Shortly after I started my career as an animator I realized that I was more like a sole proprietor than an employee. In this industry employment is project-based, artists like myself are offered contracts for anything from a few weeks to a few years. Most animators crave the security of full-time employment. However, I was always more interested in finding the next opportunity that would offer a new challenge where I could learn or improve.

How did your life look before being an entrepreneur?

As an employee, I was an intrapreneur and focused on my career goals. I’d take on extra responsibilities, learn new skills in my spare time, or take on side projects to build up my portfolio. Now as an owner my focus is totally on the company and the success of our
employees, not me or my career.

As an entrepreneur, what is it that motivates and drives you?

What motivates me is a desire to grow. Before co-founding Animism Studios I felt I was near the limit of how far I could go as an employee. So it was only natural that when I met the right people we would start a company together. Now we’re building something much bigger than what we could as individuals.

In one word, describe your life as an entrepreneur and explain why.

Rollercoaster. Because the ups and downs seem to happen when you least expect them which makes it an exciting ride.

What were your top three motivations for starting your business?

It seemed like a great opportunity. It was a chance to be much more than an animator, a chance to take my creative talents and leadership skills to the next level. As I mentioned I was raised by entrepreneurs who were always encouraging me to start my own business. However, it wasn’t till I connected with the right people who had the same ambitions that starting a VFX business seemed possible. Full credit goes to my fellow co-founders. So it was a combination of timing, ambition, and meeting the right people that motivated me to leave a good job and take the risk.

What would you say are the key elements for starting and running a successful business?

In our case, it all comes down to the people in our organization. Without my fellow founders, our employees, and our network of supporters we would not be in business, let alone successful.

What are the three biggest challenges you have faced growing the business and how did you overcome them?

The other founders and I are well established as VFX artists but not so much in business, so the formal side of building the business has been challenging at times. My personal challenge has been sales, but I seem to be getting the hang of it. Surviving the slowdown caused by COVID-19 has been our biggest challenge so far. We overcame all these challenges thanks to our great team, strong networks, and a lot of hard work.

What form of marketing has worked well for your business throughout the years?

We have a good presence on Linkedin and social media. However old fashioned word-of-mouth networking seems to be giving us the best results.

As you grew the business, what have been some of the most important leadership lessons you have learned?

Work with people based on their reputation, not their resumes. As a leader, you need to protect your team from external problems. So never make their lives (and yours) more difficult by bringing someone into your organization that is not a team player. We all make mistakes, so the moment you realize you’ve made a hiring mistake fix it right away.

What is the best advice you have ever been given?

The company comes first. I have plenty of personal goals and ambitions but they all come second to the success of the business and the team. This may sound a bit cliche but when the company succeeds we all succeed.

What advice would you give to a newbie Entrepreneur setting up their first business?

Figure out your “Why”. Why do you want to be an entrepreneur? Your “why” doesn’t need to be anything deep, you just need something more than money to motivate you to put in the long hours, push past the setbacks, deal with the frustrations, and all the not-so-nice stuff that comes with setting up a business. The other good bit of advice I got was “build your network before you need it”. I’m amazed and grateful for the help I’ve been given from the people in my network. In my opinion, the best way to get help is to give help. So if any of your readers could use my help please feel free to connect with me on Linkedin.

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4 Surefire Ways To Become A Millionaire By Age 30

In this free-market economy, all of us have the ability to create the amount of money that we want. Our daily salary should not limit us on the amount of money we can make – this notion can also be applied to people around the age of 20s. To help you reach the millionaire status before you get the age of 30, here are 4 simple pieces of advice from the experts who became millionaires before turning 30.

Focus on Your Current Earning

The economic uncertainty of today prevents anyone from saving to earn the millionaire status. The first step towards achieving this status is to focus first on increasing your current income and then repeating that process. Grant Cardone who achieved the status before the age of 30 started at $3,000/month, and after 9 years, he is already making $20,000/month.

Develop Various Sources of Income

Another way on how you can earn more is to boost the streams of your income. In one study by Thomas Corley, he found out that most of the self-made millionaire was able to develop multiple sources, of income; around 65% of them have at least 3 sources and 29% has 5 or more streams. The additional streams of income may come from part-ownership of the business, stock market, and rental properties.

Avoid Showing Off

Just because you managed to create tens of thousands of bucks, doesn’t mean you should waste your money buying luxury items. You should focus more on your ethics in your work and not about splashing out on luxurious things. In case you want to use it as your inspiration and motivation to be a millionaire, there are heaps of ways on how to stay motivated without spending your money. As an example, you should first wait for your business to have multiple cash flows before buying a luxury watch.

Save Then Invest

One of the main reasons why you are saving money should only be so that you can invest it and make your money work for you. The money that you saved should be kept secured into an account. You should never use this, not even for an emergency situation. If you’re young and not too concerned with buying a house just yet, you might want to invest in property. Investing in a property while you are still young can be a good way to build a solid financial foundation for the near future. Several first-time buyers these days choose to invest in a property rather than to live in it because when you apply for a loan as an investment, banks, and lenders will most likely increase your borrowing capacity since they will factor in the income you can potentially generate from rent, which is on top of your regular income. Another great way to invest your money wisely is by buying shares. For most people, buying shares is not about getting rich quickly, rather, it is about a long-term goal of choosing to buy shares of companies that look likely to do well over the long term and whose shares should, potentially, increase in value over time. That said, you need to do plenty of research before you start investing your money in either property or shares.

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Meet The Man Behind The Cover Of The July 2021 Issue Of Global Millionaire: Kamran Karim

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Kamran Karim is a progressive and result-driven entrepreneur with 13 years of professional experience in mobile app development, software development, and deployment building strategic alliances, branding, product life cycle completion, digital marketing, and internet promotions. He’s an inspirational individual who has been a crucial part of brand development and click monetization projects of several Fortune 500 companies.

He has founded several companies such as Tech Whizards – a global company that provides innovative digital solutions for businesses. He was also the founder of Yacht Rental DXB – a luxury yacht rental company applying Uber’s digital business model for clients to rent yachts and spend time with their friends and their loved ones. On top of that, he is also the founder of Binary Geeks – a software house that provides innovative products for the global market.

Kamran has several exciting upcoming projects under his belt such as a YouTube channel named “She Inspires,” where they will be interviewing women who have gone through struggles and overcame all the obstacles life put them through. He’s also planning to launch another YouTube channel called DefiGeeks which is catered to the Pakistan market where they are planning to post weekly episodes about cryptocurrency and the hype surrounding it. Lastly, he’s also in the process of launching a private jet rental company called Jetify in UAE, where users will be able to follow the Uber business model and rent private jets, similar to their Yacht initiative.

Global Millionaire magazine recently caught up with Kamran to discuss his journey to entrepreneurship and here’s what went down:

Could you please tell our readers a brief background about yourself and how you started in business?

I actually had a humble start in my journey; I belong to a traditional middle-class family but I received good education though because my father was determined to give me a better future. I started working with startups at an early age but it wasn’t until I reached Dubai that I realized that the better future that my father had hoped I would have could be obtained by having my own business rather than by working in a 9 to 5 job.

When did your entrepreneurial flair first reveal itself?

The nascent seeds of entrepreneurship must have always been there for me because honestly, I hated those conventional jobs that I had. I did not think I had the ability to conform, and that problem led me to develop my own thing.

How did your life look like before being an entrepreneur?

Life before being an entrepreneur was “traditional”, “conventional” and in short “unchallenging”. It was simply something every other person could do and was doing, I was cut out for going with the crowd sort of thing.

As an entrepreneur, what is it that motivates and drives you?

Not knowing what is coming next, the challenges that every day throws at me, and also my passion for tech, is a major driving force.

In one word, describe your life as an entrepreneur and explain why.

“Majestic” – yes I will use the word majestic because I am the king of my own world, I make my decisions and I rule over myself (along with own my team).

What were your top three motivations for starting your business?

Well hmm.. let’s see, having your own business enables a person to implement what they always thought should be done, that is a great deal of independence one deals with. The biggest motivation is obviously that you can’t let your business fail, it is like your baby and you never want to fail your child. The third motivator is that having my own business enables me to actualize my vision.

What do you put your success down to?

Persistence, the only word I can use to define the reason for my success. You need to be persistent.

What would you say are the key elements for starting and running a successful business?

Know what you are doing, have a vision, stick to the vision, be persistent, and don’t give up, all big businesses were small once upon a time.

What are the three biggest challenges you have faced growing the business and how did you overcome them?

Finding good employees is a major problem when the business is in its initial stages, I was lucky to have my brother as my support in this regard.

Does the loneliness of the entrepreneur really exist?

Yes and no, if people around you understand and appreciate your vision, then you won’t be lonely but often that is not the case.

As you grew the business, what have been some of the most important leadership lessons you have learned?

Taking the hard decisions like firing someone or shelving an idea; these are the minuscule things that lead you to develop leadership skills. The most important thing I learned was that sometimes, you just can not be soft-hearted, people will take advantage of you and that is not good for your business.

What do you hope to see happen in the near future for small businesses all over the world?

I think the pandemic has made it clear that there is a great future for small businesses around the world, especially in the tech industry.

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5 Small Business Success Tips For Emerging Young Entrepreneurs

Establishing a company might be one of the hardest things that a young entrepreneur could ever do. And starting your business might also be a door to financial freedom however if it doesn’t work out based on your plans it might as well ruin personal finances.

As you build a business, it would be of great importance to have a smart plan to make sure that your personal wealth is being protected. Here are some tips that can help you when it comes to protecting personal finances due to business risks:

Put your eggs in many different baskets

There is a need for you to be prepared for every different situation therefore you should never invest all your money in your business. Allocate your money in different places like in assets, investment, cash, and emergency cash cushion. This emergency cash cushion would be needed for you to fall back on once you need it. Once bad things happen, you would already have money set aside to keep you afloat in tough times.

Hope only for the best and plan for the worst.

Once you are in the world of business, there is a need to hope for the best and plan for the worst. There is a need for you to be optimistic however when shits occur you just have to be prepared. Avoid taking all your money out of cheque accounts to fund all the operational business costs. So that even though one of your businesses fail, you will have other sources of income to continue the business.

You must consider separating your business and personal expenses

This is indeed a must once you are starting a business. With regards to tax reporting, the business expenses are simply deductible from the business income. And also the more deductions that you would have the lesser tax that you are to pay. Just simply open a separate bank account for the business and personal finances.

Learn to manage your cash flow

Running out of cash is one of the reasons why a company fails. Cash flow is considered as a king and so the queen is the documentation. The first financial planning lesson that you must consider once running a company is to have a manageable cash flow. You will be at risk if you don’t know where your money will go and comes from. Just simply create your budget and then stick to it.

Ask for help

Being new as an entrepreneur, you must not forget to track the business expenses and keeping the documentation as well. It would be very important to consider a simple accounting system in order to record as well as track the spending every month for you not to scramble for the information once you need it. Or you might as well use free financial tools once you don’t have the budget in investing in an accounting software. Freelance bookkeeper might be of great help as well.

Those are just some among the best tips about finances that you might consider once you are starting up with your business.

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Entrepreneur Spotlight: Get To Know Millionaire Entrepreneur Khatib Ali

Khatib Ali is a millionaire entrepreneur, author, and transformational speaker. This sales expert, mogul, and military vet has endured extreme lows that provided lessons to propel him to extraordinary highs. Everything from landing in prison and raising a daughter with cerebral palsy, to gracing stages with legendary philosopher Bob Proctor – he is now a millionaire who is helping others to take charge of their destinies through his book ‘Cows vs. Rhinos.’

Cows Vs. Rhinos is based on a scientific study indicating that 97% of the human population follows the herd and settles for what is before them – like cows. The other wealthy 3% establish visions, set goals, and attack them with full force like rhinos. Khatib Ali has helped over 500 people create six-figure incomes and his mission is to help others to recognize their inner power and become rhinos in life.

Global Millionaire Magazine recently caught up with Khatib to discuss his journey to entrepreneurship and here’s what went down:

Could you please tell our readers a brief background about yourself and how you started your business?

I was a military brat born on the Fort Benning Army Base in Georgia (United States). We moved around so much that I never truly felt at home and I always had to attend a new school and make new friends all over again. But, because of that, I developed the ability to meet people from different places and establish relationships because I had to do it so often. Eventually, I went into the military and traveled the world. When I returned, I worked in the automotive industry and I became extremely successful at it. During that period though, my first daughter was born with cerebral palsy. I would have to constantly go back and forth between working at the car dealership to visiting her in the hospital. It was very stressful. One day, someone introduced me to this product that would make it so she didn’t have to be in the hospital constantly, and I researched the product non-stop and fell in love with it. I told myself that I was going to enter the MLM industry and sell this product like crazy and make so much money that I would always be able to take care of my daughter. I discovered my WHY at that point. It was my daughter. She is the reason I entered entrepreneurship. Her condition, combined with all of my experiences traveling, building relationships, and being very successful in sales placed me on this path and I have been on it ever since.

What are you currently doing to maintain/grow your business?

Right now, I consult with multilevel marketing companies and automotive groups like Berkshire Hathaway. I am working with a company in Utah, helping them to get their products positioned across the globe. Currently, they are based in Ghana, Nigeria, the Philippines, and several countries in South and Central America, such as Peru, Colombia, and Costa Rica. Most of my growth is coming from establishing relationships with companies and helping them to fatten their bottom line, especially during the pandemic. I am doing a lot of work on the health and wellness side.

What social media platforms do you usually use to increase your brand’s awareness?

My social media platforms of choice are Facebook and LinkedIn.

What is your experience with paid advertising, like PPC or sponsored content campaigns? Does it work?

Paid advertising and sponsored content campaigns work for many of the companies that I consult as far as helping them to position their products and services. To be honest, the vast majority of my business comes from word of mouth because it is all based on personal, interactive relationships. I focus on that far more than advertising because it is more natural as opposed to artificial.

What is your main tactic when it comes to making more people aware of your brand and engaging your customers? How did your business stand out?

Videos. I do a lot of videos and I just focus on being myself and educating people on who I am, my thoughts, and my experience. I do a lot of personal motivation videos and a lot of zoom calls. A company will bring me in for public speaking on their company zoom calls and conference calls. Every business has their thing that works for them. For me, video communication is key and we have been doing that since 2015. My business stands out because I take a very personal approach when helping companies as well as advising people on how to grow and improve their lives. This way, we get to the core of people’s hearts.

What form of marketing has worked well for your business throughout the years?

The bigger thing for me is word of mouth. What I can say is that PR has been very good for me with my publicist Ivan Thomas (intrigue Media Group). Having a good PR team is very good because it helps me to get the word out and build that brand awareness which is so important. I would say those are the two things that help my company the most.

What is the toughest decision you had to make in the last few months?

One of the biggest decisions was pulling away from a company that I had helped get into 15 different countries. The owner was too involved and too arrogant. So, one of the toughest decisions I had to make was pulling away. I won’t say the company’s name, but, we started off extremely well, but the owner wouldn’t get out of their own way. It was very disappointing, but a decision that had to be made.

What money mistakes have you made along the way that others can learn from (or something you’d do differently)?

Not focusing on my business income-wise and not putting more money into my business such as investing in PR, marketing, and branding. I had to learn that sometimes you move too fast and sometimes you move too slow and you procrastinate on financial decisions that need to be made. You have to invest the money into your business until your business starts to pay you. If your business isn’t paying you, you have to put more money into it. That is a lesson I had to learn.

What new business would you love to start?

One of my biggest future goals and a passion of mine is opening my own cigar lounge. I want to start it in Cuba or Colombia, and then eventually bring it to America. Cigars are a very important pastime of mine. Going back to when I was 21 years old in the car business, every time I accomplish something I light a cigar and enjoy it with some cognac. One of my first jobs I worked was at a cigar bar in Charleston, SC and it was called the Tinder Box. I learned that a lot of business happenes in cigar lounges and on the golf course. I like to think of myself as an aficionado. There is a gentleman’s aspect to it.

If you could go back in a time machine to the time when you were just getting started, what would you do differently?

I usually tell people all the time that if I went back in time there is nothing I would do differently aside from reading more and doing more professional development. I would not be the person I am today without the experiences, even the negative things that happened in my life, so I wouldn’t change those. But, I would definitely do more personal development, starting real young at like age eight. I didn’t start personal development until I was about 21.

What is the best advice you have ever been given?

I was told a long time ago – God doesn’t call the qualified, He qualifies the called. I would say that is the best advice I was given. It is not all about what you know or what you have accomplished. If God has a place that he wants you to be and calls you to do something, he will equip you with what you need to carry out your purpose.

What advice would you give to a newbie Entrepreneur setting up their first business?

I would tell them to write down their business plan. It doesn’t have to be something crazy, but write a business plan starting with identifying your WHY. Your WHY is something you would jump in front of a bullet for. If you can’t jump in front of a bullet for it, it is not worth it. Also, I always teach people how to get an EIN and how to lay the structure for their business. The main thing though is getting a good logo. When you set up your logo, it intensifies your passion and your vision because it is a symbol of what everything you are doing is all about. Every major brand is defined by its logo, from Coca Cola to Apple. You know exactly who they are. That is brand awareness. If your company name and logo are not strong, you are going to flop.