Hello growth seeker,
The question of why some individuals achieve financial success beyond their wildest dreams and why others struggle to make ends meet has puzzled many for decades. So, in this blog, I am to share some of the secrets to becoming financially wealthy and unveil the eight reasons some people get rich, backed by science and expertise.
I learned much about money from my parents, who were successful restaurateurs and land owners. We produced most of the fruit and vegetables we used for ourselves and in our restaurant on our farm. Before school, I would sell any surplus left to the local Albanian, Turkish, Macedonian, and Gipsy communities. On Tuesdays, I would accompany my grandfather Akik to the farmer’s market and learn the tricks of the stock trade. He made a great living from buying stock, keeping them for a few months, and reselling them at a profit.
Shaqir Selimi with his sons Jeton Tony Selimi and Selim Selimi
Growing up on a farm in what is now known as North Macedonia, I actively contributed to the family budget in any form I could.
The same happened during my school holidays, as I spent them working in my parent’s restaurant in Zenica, Bosnia & Herzegovina.
I am with my dad Shaqir and my brother Selim in this picture.
In Zenica, I learned to cook, speak multiple languages, and master my stock-taking and financial accounting skills.
Little did I know that one day, those wealth-building skills I learned from my family would become so valuable decades later.
When the Yugoslav Civil War broke out in 1990, life as I knew it changed drastically.
Tony Jeton Selimi in the Yugoslav Army during the civil war. Victim of forced military conscription.
Army Days in the Yugoslav Civil War in 1990
When the civil war fell upon us, I was unwillingly conscripted from university by the Yugoslav army to fight in a civil war I despised.
My dream to graduate from one of the top engineering universities in Zagreb, Croatia, climb the corporate ladder, and one day have my own tech company were shattered to pieces. My parents lost almost everything they worked over five decades to create.
I went through experiences no teenager ever should. Eventually, my life was saved, and I ended up homeless in London.
The truth is, many of us only think about money in the long term once life circumstances for us.
It is the pain of losing it all that also forces us to do something about it. What I learned from a very young age helped me get up and do something about my dreadful situation. My parent’s voice to never chase money but to focus on finding ways to solve problems for others helped me start making money.
Fast forward, after three decades of overcoming challenge after challenge, winning battle after battle, and investing a lot of time, energy, and money in the cross-disciplinary study, research and experience of helping others generate more than a Billion pounds, I left my 9 to 5 senior information technology and started my entrepreneurial journey.
I published four multi-award-winning and #1 internationally best-selling books, some of which I have delved deep into this subject so others can become financially free.
On this equally harrowing and life-transforming journey, I discovered eight compelling reasons why some people get rich and others don’t. In this week’s Unfakeably Influence the World newsletter, I will present these reasons, supported by scientific evidence, real-life examples, and my expertise, along with how my wealth transformation coaching and book recommendations can empower you to become financially healthy.
Reason 1: Mindset and Beliefs
The power of the mind cannot be underestimated when it comes to financial success. Scientific research has shown that individuals with a growth mindset, those who believe they can improve their skills and abilities, tend to be more successful in accumulating wealth. On the other hand, those with a fixed mindset, thinking that their abilities are fixed, often struggle. By developing a growth mindset and adopting empowering beliefs about money, individuals can unlock their potential for financial success.
Take the case of my client John, who grew up with limited financial resources. Despite the challenges, over a year, through each coaching session, he cultivated a belief that he could achieve financial abundance. Furthermore, sharing my story gave him hope that if I could come to the UK as a teenage refugee of war who did not speak the language and build success, for which I am incredibly grateful, he could do it too. With this mindset, he started a successful business that enriched his life and positively impacted those around him.
Reason 2: Financial Education and Knowledge
Did you know that most lottery winners eventually end up broke? The reason is that with money comes enormous power and responsibility. Financial literacy plays a crucial role in wealth accumulation. Studies have highlighted that individuals knowledgeable about personal finance, investments, and money management tend to make more informed decisions that lead to financial prosperity. The good news is that financial education is accessible to everyone, and by investing time in learning the fundamental principles, individuals can pave the way towards financial health.
During covid, my client Sarah, a young professional, booked here self to do my Wealth Breakthrough Coaching Program as she recognised the importance of financial education early on. She dedicated herself to understanding how her beliefs and what was going on in her subconscious were impacting her money decisions. We worked on her investment strategies, money-making and saving techniques, and debt management. Armed with knowledge, she made wise financial choices, leading her to build a secure financial foundation.
Reason 3: Goal Setting and Planning
Every successful teacher I have ever worked with had a clear vision of their financial goals and created actionable plans. It inspired me to do the same, and now I use all the knowledge gained to teach others to do it. Research has shown that individuals who set specific, measurable, achievable, relevant, time-bound, empowering, and results-focused (SMARTER) goals are more likely to experience financial success. Anyone can increase their chances of long-term economic prosperity by aligning their authentic values with their daily actions with measurable goals and implementing effective planning strategies.
In January this year, I started to coach Mark, a seasoned entrepreneur who recently shared that he credits his success to helping him neutralise his fears and grow his confidence and ability to set ambitious, achievable financial goals. His meticulous planning and consistent efforts in each coaching session and the time in between enabled him to build a multimillion-dollar business empire and secure his financial future.
Reason 4: Persistence and Resilience
The path to financial success could be smoother. Individuals who achieve wealth understand the importance of persistence and resilience. Research suggests that those who bounce back from failures, learn from setbacks, and keep going despite challenges are more likely to reach their financial goals. It is what I did after my future and identity were taken from me. Through struggle and continuous study, I learned to develop resilience and embrace failure as a stepping stone towards success. Those who commit their time, energy, and money to work with a qualified coach or a mentor can yield transformative results on the journey to financial wealth.
I met my client Thomas after I published The Unfakeable Code® book in 2021. Due to COVID, he faced multiple business failures before reaching unprecedented success. Despite the setbacks, he never gave up. He used each of the five-day Vital Planning advanced Life Mastery Program he attended to help him address and turn every failure into an opportunity to learn and grow, ultimately leading to his breakthrough moment.
Tony J. Selimi Winning Reader’s Favourite Book Award for The Unfakeable Code®
Winning Reader’s Favourite Book Award for The Unfakeable Code®
Reason 5: Embracing Risk and Seizing Opportunities
Wealth accumulation often involves taking calculated risks and recognising opportunities others might overlook. Research indicates that individuals willing to step out of their comfort zones, carefully analyse risks, and capitalise on favourable opportunities are more likely to experience financial rewards. By developing a mindset that embraces calculated risks and staying open to new possibilities, individuals can unlock doors to wealth.
For example, Emma, a long-term friend who became a client in 2016 after attending the launch of my book #Loneliness, is an investor with a keen eye for opportunities. After watching my TEDx talk, Technological Armageddon: A Wake-Up Call, she started to work with me. In just a few weeks, we identified an emerging market trend. She took a calculated risk by investing in a groundbreaking technology startup, which yielded substantial returns and significantly boosted her financial status. Today, she is a multi-millionaire who spends her time with her family and doing philanthropic work.
Reason 6: Building a Network and Collaborating
Successful individuals understand the power of connections and collaborations. Research has shown that building a solid network of like-minded individuals provides access to valuable resources, mentorship, and growth opportunities. As an individual, you can tap into a vast wealth of knowledge and support by actively seeking out connections, networking, and collaborating with others.
When Alex booked a session with me, he was at crossroads. He was an aspiring entrepreneur, but his fear of not having a monthly cheque held him back. In one of our sessions, I suggested joining a business networking group. Through this network, he formed partnerships, gained valuable insights from experienced entrepreneurs, and leveraged the collective wisdom to help him start and grow his business faster than he ever thought possible.
Reason 7: Continuous Learning and Adaptability
Continuous learning and adaptability are essential for financial success in a rapidly changing world. Studies have highlighted that individuals who invest in personal and professional growth, stay updated on industry trends, and adapt to evolving market conditions are more likely to thrive financially. By embracing the lifelong learning philosophy embedded in me from a very young age, I ensured I stayed ahead of the curve and seized new opportunities as they came along.
My client Olivia, a corporate executive, recognised the importance of continuous learning. She enrolled in courses, attended conferences, and sought knowledge in her field. At some point last year, a friend recommended reading my book, A Path to Excellence. After she read it, she approached me and asked me for some executive coaching sessions. This commitment to ongoing learning enabled her to climb the corporate ladder and attain high financial success.
Reason 8: Taking Action and Seeking Expert Guidance
The most critical factor in achieving financial wealth is taking action. With implementation, even the best strategies and knowledge are rendered effective. As an individual, you can make tangible progress by taking consistent, focused action towards your financial goals. Additionally, seeking expert guidance, such as through coaching or reading books from trusted sources, provides valuable insights and support for financial success.
My client Michael, a young professional, realised he needed guidance to navigate the complexities of personal finance. He sought my human behaviour and transformational coaching expertise to provide personalised strategies and advice and keep him accountable. This guidance propelled him towards lasting financial health.
In conclusion, understanding why some people get rich while others don’t can empower individuals to take charge of their financial destinies. Anyone can embark on a journey towards financial wealth by embracing the right mindset, seeking financial education, setting goals, developing resilience, seizing opportunities, building networks, continuously learning, and seeking coaching expert guidance.
I trust that what I have shared has been of great value. To take your financial journey to the next level, I invite you to get in touch and book a coaching consultation with me. Together, we can tailor a personalised plan to unlock your full potential and guide you towards financial abundance. Also, I recommend delving into the wealth of knowledge in my books, where I share practical advice and insights on achieving financial health. To become financially wealthy, take action today by identifying one small financial goal and committing to achieving it. Whether starting a savings plan, investing in yourself, or seeking financial education, this small action can set you on a financially abundant future.
Remember, as an expert in the field, I firmly believe that financial wealth is within anyone’s reach. You can build a solid foundation for financial success with the right strategies, mindset, and guidance.
As I always say, “Financial wealth isn’t just a dream; it’s a reality waiting for you to unlock its potential.”
Get in touch today, and let’s embark on a journey towards your extraordinary financial future!
Love and Wisdom,
Tony J. Selimi
Award-Winning Author, Speaker, and Transformational Life and Business Coach Specialising in Human Behaviour and Maximising Human Potential.
Winner of the London SME Most Visionary Entrepreneur, the EXPY, Corporate Coaching and Recruitment Business Coach of the Year Award. Silver Winner of Literary Book Award, USA Book, Book Excellence, Top Shelf Magazine, Readers’ Favourite, Quilly®, The FAPA President’s Book, Firebird, Literary Titan Golden, San Francisco Book Festival, The 2023 International Book, Reader’s Choice, Pacific Book, NYC Big Book and Maincreast Media Book Award for A Path to Wisdom, #Loneliness, The Unfakeable Code®, and A Path to Excellence in the following categories: Personal Growth and Development, Self Improvement, Self Help, New-Age, Inspirational, Motivational, Entrepreneurship, and Business and Leadership
PS – I work virtually and in person with clients all over the globe, facilitating the realisation and accomplishment of personal, relationship, professional, financial and business goals. Here are four ways I can assist you in creating life-changing breakthroughs, growth and accelerating your journey to excellent health, influence, relationship, business, wealth and success.
#1… Book a Breakthrough Consultation Session by sending an email to info@tonyselimi.com.
#2 … Start Reading my #1 Amazon bestselling and Multi-Award-Winning books, A Path to Wisdom, #Loneliness, The Unfakeable Code®, A Path to Excellence and enrol in my Mindfulness for Higher Productivity, Performance, and Profitable Life Udemy Course! Click here to join thousands of happy students.
#3 … Make the fastest progress by booking Business Strategy Session to work with you on your business and train your leaders and teams.
#4 … Book me to give expert advice on your TV/Radio/Podcast show, or hire me as a speaker to educate, inspire and transform your audience at your next company or industry event.
