Portrait of a Multi-Millionaire

portrait of a multi-milionaire

In a world where multi-millionaire lives are analyzed on all facets, I had the unexpected opportunity to have a meaningful two-hour conversation with one of them, face-to-face, a few days ago. Considering his busy schedule, two hours means much more than most of us can imagine.

Except his expensive car and refined perfume, nothing betrayed his wealth or influence, at first glance. He’s a rather ugly, short, skinny man, with a beginning of baldness at the top of his head. He’s wearing common clothes and not even an expensive watch or phone.

But you will see appearances are deceiving. Big time!

He is quite talkative and I am a good listener, so he did most of the talking, occasionally interrupted by my questions. He told me about the ups and downs of his businesses, right from the start to present days.

Over time, he has built from ground up many businesses (all offline). He lost more than one of them and even his home in a combination of bad economic climate and huge amounts of debt. But… he recovered. Every time!

Most of us would succumb under such conditions. But not him. So, naturally, I wondered why and tried to find answers during our conversation (without actually asking).

Here are my raw observations:

  • he’s determined, started his first business 23 years ago and bounced back after falling from the top of the world to being broke (more than once)
  • despite his small stature and failures of the past, he emanates power, certainty with every breath and gesture
  • he’s savvy, knows in detail every industry he entered, and they are unrelated
  • it takes only a few words from him and every employee knows what to do
  • he took risks, but at the same time increased ROI and added value by processing low-value products
  • he accepts his mistakes, but always looks at the future
  • he’s very energetic
  • last but probably not least, he’s fit and healthy

If we take some of the points above and analyze separately, they look like easy things to do. They aren’t because most of us might

  • give up at the first sign of trouble
  • feel weak, small, helpless, discriminated when we compare ourselves to successful entrepreneurs
  • only scratch the surface of our niche and consider ourselves experts
  • haven’t really led anyone
  • like safety and don’t take risks. And we are happy with a little profit for doing hard work.
  • are trapped thinking about our past mistakes and will stop thinking about our future
  • are apathetic, or waste our energy and passion on small things or bad habits
  • allow ourselves to gain weight until it becomes very hard to get back into shape and starts affecting our health

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About Adrian Gurgui
Creator of AdriansHub.com, I enjoy working from home and having a flexible schedule. My mission: to grow myself, then teach and help others to step up and inspire them to offer help at their turn.

4 Comments on Portrait of a Multi-Millionaire

  1. Wow, it’s awesome to have that opportunity. Overtime I’ve actually met and talked with (though not for 2 hours) 2 Billionaires. On both occasions I was impressed with how ordinary and down to earth, personable, and warm they were. But it doesn’t take long to see the steely focus,faith in themselves, and their ability pose ideas with the expectation that they would be carried out.

    Thanks for the article and your insights.

    And here’s a toast to absorbing some of those qualities.

    Nick

  2. Cheers Nick! Yes, there are invaluable lessons to be learned after such experiences. I entitled this blog post “Portrait of a Multi-Millionaire”, but perhaps it’s the wrong choice. “Portrait of a Successful Entrepreneur” seems a better fit, because as I see it, this guy is successful now when he’s again a multi-millionaire, but was successful in many ways while he was broke too. Wealth came and disappeared, but his abilities and qualities allowed him to carry on and build yet another successful business.
    Adrian Gurgui recently posted…Fairness in Online Business

  3. Nice interview; and it reveals a quality that many people might overlook. Bouncing back is one trait, possibly the only one, that really matters; and you will find it in all successful people. Failing is a learning experience; it is up to the individual what they do once they hit bottom. Analyzing why they fell, then taking what they have learned and starting again. That is what separates winners and the alternative!

  4. Thanks Gary, entirely true: no successful individual will see failure as a bad thing. It is one of the possible outcomes of doing stuff, of taking action. Do nothing, and you won’t “fail”. Work, build, try out new things and you will possibly fail many times before you hit a home-run. It’s just like in experimenting: many of the alternatives are expected to be failures, and only one successful. But you won’t know which one is the right choice until you go through many other options that prove to be a dead end.
    Adrian Gurgui recently posted…Summer Almost Over

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