Tony Robbins Leadership Styles 3 Qualities of a Leader
this morning we’re gonna start with you we’re gonna start with you because if you own a business if you’re gonna be an investor what’s gonna determine your success or failure is not gonna be other people it’s gonna be you as the leader ultimately the choke hold on a business 80% of it is the psychology of the leader the owner or leader determines it financial wealth does not come from mechanics I coach one of the top financial traders on the face of the earth he’s been my client for literally two decades 20 years he pays me a million dollars a year to coach him he emails me every day his measurements I see him only three four times a year for an hour I get a million dollars plus a piece of the upside I don’t tell her that to impress she’ll I tell he goes impresses me not bad for four hours work but I’ve helped him for 20 years where he literally made more money than any human being in history in 1987 in a single day literally make more money than anybody made in a day which in those days was a half a billion in a day today that’s like a half a trillion with inflation but with more money in 1987 when the American stock market had its biggest drop in a single day percentage-wise still strongest worst day percentage-wise he called the market accurately hour-by-hour a week in advance and made a half a billion dollars in a day now you can’t live on that but it’s a good start get you going here’s the problem he lost money for the next two years he brought me in for 20 years he’s made money every single year for 20 years 2008 when most hedge funds were losing 30 40 50 some of them 80% he made 28% upside that year unbelievable so I know a little bit about markets I’m not just mr.
positive thinking I’ve been studying everything about him George Soros who made a billion dollars in a day who outdid my friend later on in the UK on their black day he turned that around as well so I’m here to tell you I know there are elements you can take advantage of and the people that know winter is the best season are the people to take advantage not because they’re positive cuz they’re smart but or if you do that you need three things first you’ve got to see things as they are but not worse than it is are you with me on this because when you talk to the most Ozzy’s today let me just explain something to you most Aussies today have a little bit of nervousness about the economy raise your hand if you can relate to that to your friends have a little bit of nervousness not quite thrilled with the economy raise your hand if that relates let me just get a sense how many know Aziz think it’s the best economy could ever be okay three people on drugs good very good here’s the truth there’s a little nervousness because of you know Europe obviously nervousness because China is still growing but maybe not as fast big piece here nervousness because oh my god we gots a few little taxes coming in here now right carbon tax but interest rates are down two percent and just what the last six eight ten twelve months pretty nice but there’s this nervousness here’s just gonna know if you’re frickin nervous here you better not leave Australia because there are seven billion people on the planet and they all freakin wish they lived in Australia you’re in the best position of any country in the world that’s not to say there are challenges your real estate market here is definitely inflated to a mass level and you haven’t had a big correction there are things that are going to occur here but you gotta see it as it is but not worse than it is or you’re not gonna act out of fear how many follow what I’m talking about here say I and why do most people make it worse than it is you tell me why didn’t miss me if you make worse and say oh you can’t even believe why even try the whole economy is just gonna tank anyway why do people come up with this stuff cuz they’re so afraid to what what’s the word no one likes to say let’s hear it they’re so afraid to fail so they looked for a story to cover them it’s like somebody says to me I can’t lose weight cuz I’m big-boned no you’re freakin fat let’s just tell the truth here light is it true you’re fat I mean I’m not making a judgement you’re fat I was big-boned that was my story I was thirty-eight pounds heavier than I am now and my story was on big bones I’m still big-boned I’m 38 pounds lighter we come up with a story because we’re afraid to fail what you have to do is see it as it is not fake yourself and say everything is positive everything is wonderful you’ll get killed doing that in business you got to be smart you got to see it as it is but not worse than this you don’t take advantage does this make sense yes or no second key is really simple you’ve got to see it better than it is or you won’t do anything that’s the second key you got to see it better than it is that’s what a leader brings to the table so bottom line is you got to see it better than this if you saw a guy like Ted Turner Ted Turner multi-billionaire amazing influence created CNN think about this when he first came up with the idea of 24-hour news what do you think most people thought of that idea first of all they said there isn’t that much news he almost went bankrupt four times but he kept seeing it better than was he saw the truth he saw the challenges he didn’t make it worse than it is so he didn’t panic he saw it better so there was something to move towards that he could make happen what does it say without a vision people what perish if you don’t have a compelling view of the future you’re in trouble and here’s the challenge most of the world right now is in this place in America the highest that’s ever been 63% of Americans now believe the best days are behind them they believe specifically that the future for themselves and their kids will be far less than it is today that’s 72% by the way of Germans 81 percent of French people believe that now Ozzie’s are in a great place so one thing you got to do is celebrate where the hell you live give a little hand for living in Australia ladies and gentlemen come on now so if you’re gonna be smart you gotta go we got we got a young group of economy we’ve got a young generation coming up we’d certainly have some ties to some amazing resources that our natural resources for us and yes the spending is not as high and yes there’s gonna be a correction but guess what some people’s winter is devastating other people’s winter is mild so far yours is mom I’m not saying it will get worse but here’s what I can tell you if you see it as is and you see it better than it is you’ll know something the greatest investors the greatest financial success in history the first man to become a billionaire by investing alone is the man who’s a friend of mine he died about four years ago named Sir John Templeton Sir John Templeton started out with nothing he wasn’t Sir John he was a guy that Jacek Lee grew up in a tiny little town with nothing to his name he worked hard and he decided to save his money and find a way to invest but he had one cool secret he realized when things are going well what do people want for their property when things are going really well a high price or a low price which one high price when things are going well do they want a high price or a low price for their shares which one high price when things are going unhappy when things are terrible things going well people think it’s gonna go well forever when they think it’s going bad they think it’s gonna go bad for how long forever when things going really poor what does that guy want for his shares or it’s all I’m a high price or whatever he can get which one whatever he can get so his mindset was really simple I’m gonna take all my money write this down during times of maximum pessimism I’ll make all my money during times of maximum pessimism if you can when everybody else is freaking out seeing it worse than it is you can see how it really is not kid yourself not just be positive but see it better than it is and see where the advantage is and you can do the third step I left out which is once you see it better than is you got to make it that way you got to come up with a strategy and action plan to make it that way if you can do those three things you can take advantage and he did it I’ll tell you I did it when Hitler invaded Europe when he actually invaded Poland this guy took ten thousand dollars five thousand he saved and five thousand he borrowed which back in those days was a huge sum of money and he went out and bought every stock he get his hands on that was under $2 on the new york stock exchange including companies that many people thought go bankrupt he just bought an across-the-board ten thousand dollars now by the way that was one of the worst winter moments of maximum pessimism because every when oh my god Hitler’s now storming Europe we tried to appease him it’s not working he’s gonna take any countries are dropping everybody thinks the bad things are gonna go on forever here’s what we all know about seasons winter does not last forever does it what always follows winter my friends what springtime a new opportunity is always there but when you’re in winter you think it’s forever and so everybody’s freaking out so share prices went to the floor so what he got for ten thousand dollars was worth its weight in gold and by the way five years later when the war was over what happened to the shares of stocks what happens the company started to rebuild exploded back up that ten thousand dollar investment made him a billionaire over the course of two decades he didn’t stop there where would be the worst place to think of investing after World War two would you think what was the country most destroyed even more than Germany in which country Japan in at radioactive places guess how much they want for land that’s radioactive literally he bought things for pennies on the dollar and if you remember in the late you know the early late 80s who was the country that was dominating economies around the world it was Japan and guess what he did sold it all right there at the peak when everybody there thought it was going so great he always made money terms of times of maximum pessimism so what didn’t he ever say to you today is this this morning I want to work with you with you as a leader I want to give you some strategies and tools that you can use to immediately shift your psychology because that’s gonna be 80% of your wealth building 20% is gonna the mechanics of how to do it
