Full transcript of “6 habits that made me a multi-millionaire”. Click a timestamp to open the video at that moment. Need another video? Use the YouTube transcript generator.
0:00 I'm 34 years old and one of my companies my media company lingua Marina at the last fundraise was valued at $34 million and I also have another company and I didn't have Rich parents I am actually an immigrant from Russia in the US and I came here with nothing just with my business or my startup idea there was a lottery that I won I think I look good honestly let's agree on that I look okay my parents always told me things that actually made me who I am and I got a great education in mathematics these are the lotteries I want I guess uh but a lot of things that I've achieved is the result of my habits and the consistent actions I've taken day in and day out over the years to get where I am today and again this is not a brag this is to show you that this path is real and building a multi-million dollar company
0:45 is all about effort it's all about believing in yourself not thinking about what other people think of you not relying on luck but just being consistent in doing what you love and in this video I'll share the six habits that I think have been super crucial in helping me reach this point I'll start with the one that's both the easiest and the hardest to master but I can confidently say that without this habit none of My Success would have been possible and that is believing that you can do something there's this is quote by Henry Ford that I absolutely love whether you think you can or you think you can't you're right your mindset shapes your reality when I was growing up my mom was always telling me you're the best you're going to do it you're the smartest and honestly I question her so many times like Mom you're saying this just because because every mom
1:30 would say this to her kid and then I realized that's not the case not everybody tells this to their kids and because she told me that with all my actions I was trying to live up to her expectations and she was like you're going to be the best at school and when I came to school I'm like I have to be the best because my mom told me I have to be the bests and of course there are like some disadvantages to this upbringing because I'm constantly working I don't know how to rest I feel guilty when I rest and I can talk about this with my therapist but also when I bring this topic up with a therapist they also point out that this is what made me another phrase that I like to say to myself is Marina if not you then who like I'm trying to fight this school Ed system in the US I feel like it's been around for tens of years and nobody did anything like okay then then it's up for me because I don't want my kids to
2:17 be sick in a couple years right I'm not sure I'm going to be able to drive change but I just feel that this is the right thing to do when I started social media I was like okay there were videos about gmad and tofl but I was like Marina your experiences is unique share it and again this comes from my upbringing but if you didn't have a mom like I did and I do I just want you to be that person I can be that person I can tell you that you're unique and you need to go out and share your values with the world and make it a better place because if not you then who another thought that really helps me is understanding that successful people are as ordinary as I am when I first came to silon Valley I met this guy from Stanford and I thought people who study at Stanford are aliens because they're super smart that guy was smart but he was normal uh so you need to create that
3:03 confidence inside you that you are worth achieving things and that confidence creates a positive feedback loop small wins build momentum and they lead to even bigger wins if you believe something is possible you'll find a way to make it you just have to be determined like it sounds very cliche but it is what it is and what I want you to understand is that self-belief isn't something you're born with it's something you build start by setting small achievable goals and proving to yourself that you can follow through and here is another crucial tip surround yourself with a positive environment I stopped reading social media comments because yes people are mocking me being in Silicon Valley and not being able to build a billion dollar company they're mocking me for my English they're mocking me for my accent they're mocking me for my mistakes you know I stopped reading the comments I have a team to
3:48 sort this out I am trying to do my best yes I make mistakes but I cannot let myself hear those comments and read those I need to surround myself with encouraging and positive envir those could be mentors you can just watch you can just read inspiring books read a book by Britney Spears the woman in me oh my God like all the things she went through and she still had this power inside to continue singing and dancing and maybe wrapping up this tip I encourage everyone to visit America at least once to experience the energy and opportunities and incredible achievements that can truly inspire you to aim higher and live your best life definitely a trip to the US in 2013 that was my first time when I came to the US I was like oh my God this this whole new world that I want to explore and there was nothing that could stop me from that
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5:19 is here to help you maximize your chances of success I've included a link in the description below visit argov visa.com and book a consultation with a former Visa officer today to maximiz your chances because as I said visiting the US is probably one of the most inspiring things anyone can do uh in their life just seeing New York is like such a life-changing experience anyways on to my second tip consistency the winners are those who do not give up I've been doing YouTube since 2014 since December when I had my first baby I didn't miss a week of uploads and I already had three channels by then when my second baby was born I did not miss a single week uploads I started missing some weeks last year because my kids are growing up and they need more and more
6:05 of my attention and my energy and I just can't honestly sustain so many things because I also have businesses but I know that if I want to be successful I need to be consistent not just consistent in posting I need to be constantly experimenting I need to be consistent in hiring the best people I need to be consistent in constantly learning what's going on in the market if you look at any celebrity these days go back 10 years 20 years they working on the same thing uh Jake Paul and Logan Paul were creating uh videos on Vine uh Brin Spears started singing when she was four or five like it's a little work it's not an over nice success so for me it doesn't matter if I'm sad or happy yesterday I had the lowest energy in the last 6 months but I sat down and created a video and that actually helped me feel more energy cuz this is something I like
6:51 to do and when people ask me about social media I'm like you have to be consistent if you're like oh today I'm feeling tired tomorrow is a busy day you're not going to be so successful with this approach and this habit of consistency isn't just something I apply to YouTube alone it's how I approach every goal that I set for myself when I commit to something I take steps in that direction every single day no excuses there is no I don't feel like it or it's not the right time if I consistently get the feeling I don't feel right about this thing then I stop doing it but if I told myself Marina you have to be a fashion icon and I told that to myself in 2022 I'm not a fashion icon and I'm far away from that but I'm working on my sty I'm working on everything it's a process and what I don't like to do is saying to myself like Okay Marina I want you to visit the med Gala and when I say this I do not create a deadline because
7:38 I know it's a process again maybe I never visit metgala but I'm definitely enjoying the Journey of experimenting with my style experimenting with creative people and doing photo shoots Etc and I've said this so many times on this channel success doesn't go to the brightest or the most talented it goes to the person who keeps hitting the same point over and over again without giving up consistency isn't glamorous but it's the key to Turning dreams into reality keep showing up and the results will follow and the persistence is something that my investors mentioned when uh they decided to invest 1.7 million into me as a content creator remember that I told you uh that my media company's valued at $34 million that's based on that investment BR and they saw that I'm consistent with my channels that I go
8:23 beyond just creating content I try to start businesses I try to experiment and this is what they like so if you're willing to build a career you have to be consistent anyways let's move on to the next Point I've come to understand that my superpower is generating new ideas and being in front of the camera anything outside that editing scheduling Logistics operations I delegate it as quickly as possible because remember when I feel that some activity drains me and I never enjoy it or maybe I enjoy it only 20% of the time I just get rid of it but some activities you just can't get rid of you need to do your taxes you need to do your Finance you need to keep your stats up because if you have the numbers you can control things and relating is how I ensure I stay focused on what I do the best where I have this uh to-do list after the to-do list I have a phrase are you doing something that brings in the highest Roi because
9:10 sometimes I have things on my to-do list that could have been done by somebody else an assistant I could have been doing videos instead of that so I'm always tracking the ROI always measuring how I feel inside and if I don't like something I just delegate it and again it didn't come to me like that like I there was so many things I did by myself for many many years but then when I started generating Revenue I started valuing my hour in a dollar amount and that made it easier to delegate I know that as a Creator if I make this video I'm going to make X dollar so I could pay somebody else to clean my apartment do this do that sometimes I enjoy those activities myself and I do them I mentioned earlier that my three YouTube channels consistently have videos coming out now here's the secret behind that consistency is a team of 50 amazing people who helped me grow my media
9:56 company and help me Thrive you might think of course it's easy for you to stay consistent with a team like that but there's the truth I wouldn't have had this team or this level of success if I hadn't made the decision to delegate early on and I started really small I paid a school kid to edit my videos and he charged me like $7 an hour he was in Russia so it was maybe even 3 to4 I don't even remember but it was really cheap and for him that was a lot of money uh and we worked for several weeks and then I switched to more professional editor so basically the key take away from here look for tasks that can be delegated or outsourced affordably maybe you Outsource to AI right there are so many tools and the goal is to free up your time for your superpowers okay the next ITP counting money and regularly investing a lot of people tell me like Marina you were too
10:41 focused on money that's the metric that's the metric that I track I track my happiness level and I track money because money is also a signal of how my business is performing how my content is performing I know exactly how much money I have how much I'm spending and on what I know what's the ROI on each product that I'm running I know how much every video costs to make and how much it brings in revenue and it's always been this way and it's been this way for several years now whether I was managing millions of dollars or a lot less several years ago so count every dollar start investing even if you don't have a lot of cash it's it's all about you know building the right platform if you have $100 to invest today start a Weeble account start a coinbase account and I'll give you the links below these are some of the platforms that I'm using buy a little bit of crypto just build this
11:28 habit regular investor transforms your income into a wealth building engine I first invested in 2020 and this year I saw amazing returns I was like oh my God this really pays off it's not just about earning more it's about making your money work harder than you do while this isn't financial advice here are a few things that I'm investing in eest thing is invest in the S&P 500 just buy it regularly like once a month a little bit of crypto for me it's like maybe less than 5% now buy some stocks of the companies that you believe in I bought Google well because we're watching this on YouTube right right I bought Nvidia because they are building something that's crucial for the new economy for AI they're building chips I invested in Tesla uh that wasn't the best uh decision back in I think 2021 but now it it's actually generating profits so really just be consistent but also those
12:15 individual Investments they're less than 10% of my portfolio most of my I'm I'm not a risky person and I don't have time to just explore what's going on in the market so S&P 500 is a regular investment and some of the Investments I'm just playing around with you know companies or crypto apart from that I have two spreadsheets that I update every month one of the spreadsheets tracks all of my income and all of my expenses and the second spreadsheets tracks my investments and savings like what's going on what's the value of them etc for me it's meditation honestly it's better than meditation just doing numbers maybe because I come from a mathematical background but I really really like doing spreadsheets and seeing what's happening to my net worth seeing what's happening to my income it also gives me an idea of you know maybe this product has to be eliminated it's no longer generating joy and money if if you're looking for a very easy book to
13:01 read on investing I'd recommend money by Tony Robbins that was the first book I read on investing and it changed my whole mindset uh and it's a great place to start of course it doesn't include all the information that you need but just gives you this mindset of like I need to take care of my finances and my retirement and uh we did um estate planning after that I bought my life insurance like all of those things I figured them out uh while reading that book the next tip is experimentation next year I'm launching a food company company a snack company anytime I'm launching something people be like Marina but you are an English teacher Marina but you're this Marina but you're that what I've learned in the past two years your past experience should not dictate your future endeavors yes it's great to have experience I know I'm not
13:47 going to give up on my social media I love it I honestly enjoy it but just because a lot of people know me for teaching English it doesn't mean I can start a snack company yes I don't understand a lot of things in producing snacks but I have a great co-founder who's done it for years now I understand marketing I understand the problem that America faces with current state of the food industry and the rate of diseases and obesity in kids so I know what I want to solve and um again you have to be happy we only have one life and uh you have to really enjoy what you're doing and you have to see the meaning and if you've been teaching English for 10 years it doesn't mean you have to teach it for 11 years maybe you still teach it but you also find another teacher who can replace you on your channel that's what I'm doing she like we have a teacher who help helps me with some videos and she makes them for my channel so I can focus on other things
14:32 instead it's okay to experiment do it and uh even when it comes to YouTube channel I never make the same videos I try to experiment I try to come up with new ideas I try to rebuild my Studios I try to experiment with my outfits just because it makes everything much more exciting one of the things you could start if you're working a out of5 try to start some kind of business try to build a side income try to do Consulting like whatever something exciting and challenging has to constantly beaten your life I started singing classes again oh my God I'm so sweaty every time I sing and I've been singing since I was seven see how I'm like protecting myself but because of the way like they taught me to sing or because we never worked on the psychological side of it I still have fear of the stage and I sang on the stage maybe over a hundred times
15:18 definitely and we're still working on how to feel free with my voice how to remove all the comments from my head about like my voice and my singing so maybe someday I'll start singing on this channel but no not every experiment will succeed and that's okay the key is to learn from every attempt track what you did what happened what are the metrics so you can improve next time and also detach yourself from the outcome experimentation isn't about perfection it's about learning I always ask this question to Founders that I interview on this channel like when do you give up on the idea when do you stop trying and the best entrepreneurs tell me that you stop trying when you build a billion dooll company and it's all about understanding that this is something you just have to do there is no other way sometimes people ask me like do I have to start a
16:03 business I'm like you only start a business if you know you can't live without it so do things you know you can't live without I know I can't live without singing I know it's not a business but I'm going to do it by the way some of my experiments became my best ideas like asking people how to pronounce brand names that was a wild idea interviewing investors and entrepreneurs was just a wild idea because entrepreneurs in silcon Valley like there there aren't too many interviews with startup Founders what what else was a wild idea moving to the US in general anyways make it a habit the most successful people experiment constantly and it's not a one-time thing it's a mindset and the last but not the least my favorite rule is the rule of 5 Seconds if you came up with an idea do something within 5 Seconds to make you work like for example what happened last year I had this crazy idea like I wanted
16:49 to start a physical product so my first action was to research what type of products creators are launching how much they're making like research at least and then I kept researching kept researching and my co-founder approached me and uh because I've had this idea for a while and I was working on it just perfect timing and we clicked and we started uh doing the new company but don't wait until you're ready cuz a lot of people like oh this is not the best time like we're thinking about the third kid I don't know if this appro should be um applied to expanding the family but a lot of moms tell me just do it just go for it a lot of moms have for kids but basically you don't need to have everything figured out to take first step and failure is inevitable part of of success even when it comes to fertility we couldn't uh get pregnant for the first four years but I knew I
17:35 wanted a child right and we went through so much but we finally got Emily and it's the best miracle in life imagine if was like oh maybe the universe is telling me I'm not supposed to be a mom come on like if you know something inside that you have to be or have to do just keep doing it so anyways take risks start acting fast and believe in yourself I wanted to wrap up this video with a phrase that I believe in you and you're going to make this world a better place subscribe to Silicon Valley Girl and I'll see you soon bye
