I'm not 100% sure I agree, but I do think that people who have hit wild levels of success generally don't have advice that tangibly applies to most people.
Ironically, I'm going to mention Alex Hormozi (who is very successful), but he said in an interview once that he spent something like $150k to talk to Grant Cardone and thought "I'm easily getting my ROI on that now because Grant's advice applies to someone in my position, where I have $100 MM. 10 years ago, when I was broke, the advice he's giving me now would have just put me further in insurmountable debt."
Most ultra-successful people somewhat forget the baseline that most people live in. For example, if they were to "restart with nothing", they usually assume that "nothing" still implies a good credit score, housing, food, healthcare, etc. which most of America is really spending all of their time trying to fight to secure. This translates to the out-of-touch and generally vague advice they give.
Yes absolutely. It would be a great experiment to see what any ultra-successful person would do with even that massive leg up - which puts you in the top 10% of the US, if not the top 5%. And no, they aren't allowed to use any of their connections ;)
The ultra-successful, in my experience, are there because yes, they do have some strong, quantifiable qualities, but they also have massive, massive advantages. Not just being born into a home that gave them quality food, the best education, and all of the other things needed to be healthy in their developing years - but also the experience of their successful parents, the connections their family has, and many other things that I probably do not even know exist.
Some of these families that I know personally have it ridiculously well. Not only were they born with amazing portfolios, but they have great family jobs where they make $8k+ (after tax) every 2 weeks. And they get as much time off as they want - and you better believe they generally use it :)
Of course, they still find things to complain about - as do I.
There are a lot of brilliant and driven poor people. If they are lucky, they will get into the 10% or the 5%. If they win the lottery they make it into the .1%.
Ironically, I'm going to mention Alex Hormozi (who is very successful), but he said in an interview once that he spent something like $150k to talk to Grant Cardone and thought "I'm easily getting my ROI on that now because Grant's advice applies to someone in my position, where I have $100 MM. 10 years ago, when I was broke, the advice he's giving me now would have just put me further in insurmountable debt."
Most ultra-successful people somewhat forget the baseline that most people live in. For example, if they were to "restart with nothing", they usually assume that "nothing" still implies a good credit score, housing, food, healthcare, etc. which most of America is really spending all of their time trying to fight to secure. This translates to the out-of-touch and generally vague advice they give.