According to this self-made millionaire, you don't need to be intelligent in order to be wealthy. via CNBCMakeIt
According to self-made millionaire Timothy Kim, you don't need to be intelligent in order to be wealthy. Instead, he says you just need to learn what highly successful people did to become rich and copy them.
The millionaire investor attributes his rapid success to heeding the advice of highly successful people. In fact, he may not be a millionaire today if he hadn't followed the advice of a former professor while studying as an undergraduate at Biola University. Kim saw how successful his professor had become from making quality investments, and that a loss of $60,000 didn't seem to phase him, so he followed his professor's advice. Although he was only making minimum wage at the time working as a personal trainer and campus employee, he invested about $1,000 into the stock market.
But even after becoming a millionaire, Kim says he still adheres to this simple formula, which is why he spent $70,000 over the course of six months on mentorship from highly influential people. In fact, Kim notes that he uses free online resources such as YouTube and he reads books authored by successful people to learn what they know."You don't have to reinvent the wheel," he says."[If] somebody is already doing it so well, you just have to do what they're doing."
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