Most people know him as the Hollywood big-shot but what not many people know is that Arnold made his first million dollars by investing in property. Not from his movies.
You see Arnold wanted the freedom to choose the right acting roles for his career.
When I met Arnold he told me “I always promised myself I would not get into a position where I would have to take a job, or do a role just because I had to make money to get by”
Arnold’s Fifth rule to follow for success is,
- Work Your Butt Off
“You never want to fail because you didn’t work hard enough. No pain, no gain.
When you’re out there partying, horsing around, someone out there at the same time is working hard. Someone is getting smarter and someone is winning. Just remember that. Now, if you want to coast through life, don’t pay attention to any of those rules. But if you want to win, there is absolutely no way around hard work. Just remember, you can’t climb the ladder of success with your hands in your pockets.”
Investing in property isn’t easy. I’ve actually been very lucky to achieve the level of success I’ve had. Most people find it very challenging. The truth is, it’s hard to do it, but it’s a lot harder if you don’t. It’s hard if you have to sell your family home at 70 because it’s your only asset, or if you need to work a few years longer instead of retiring and spending more time with your family. The fact of it is, it’s hard work, but it’s worth it and by having the right advice, becoming educated and taking the right action with the right strategy, you will succeed.
What’s Arnold Schwarzenegger’s final and most important tip for a healthy, wealthy and successful life? We’ll explore in part 7 of this post.