There is a common misconception about rich people.
Most individuals assume that wealthy people are stingy with their time and advice and are only willing to help others in exchange for money.
In my experience, nothing is further from the truth.
I am a millionaire myself (on paper) and know dozens of millionaires personally and ALL of us have people in our lives that we mentor and teach free of charge.
However, you must realize that no one worth listening to will mentor you without an exchange of value.
You can get mentored by a millionaire without paying them money, but you can rest assured that if you want to keep them as a mentor you will have to pay for their advice with your time, energy, and sweat equity.
I’ve spent years trying to crack the code to finding high-level mentors and I’ve developed a simple, 5-step formula for getting anyone to mentor you free of charge.
Step 1: Identify the Right Mentor
Just because someone has millions of dollars doesn’t mean that they are worth listening to.
When you begin your quest to find your millionaire mentor, you need to look at the quality of their life as a whole.
What is their physical health like? Do they lead a balanced life with lots of social time? Do they prioritize their wife/husband and kids? Is there more to their life than the size of their bank account?
If they are not living a balanced life, meaning that they do more than just make money, then ignore them.
As someone who has been around several millionaires both balanced and unbalanced, and who has achieved millionaire status himself… I can tell you that there’s more to life than just making money.
Find a mentor who has the financial results that you desire but be careful to focus only on people who live rich lives, not simply people who have financial wealth.
I recommend that you make a list of 10–25 people who fit this bill and then narrow down your list until you find mentors who have the results you desire, a similar background, and a similar personality.
With your list in hand, it’s time to move on to step #2.
Step 2: Introductions and the Initial Question
Once you have identified the people who you want as mentors, you are going to find a way to connect with them (in person is best).
Introduce yourself, tell them how much you admire what they are doing (be specific) and then ask one simple question.
It’s important to realize that your results in this process are predicated on your ability to ask the right questions.
For example, if you ask “How did you get so rich” and they respond “Real estate”, you haven’t accomplished the goal of this exercise.
However, if you ask, “Wow! You have such an amazing family and seem really happy, are there any specific productivity tips or tricks that you have used to effectively get more done and balance your life?” you will get some real applicable value from their response.
Thank them for their time, ask if there is any way you could provide value to them, and then exit the interaction.
Now that you have your first piece of advice, you have entered into the critical stage of the relationship.
The action phase.
Step 3: Take Massive Action on the Initial Question
Once you’ve picked their brain and asked them for an initial piece of advice, you are going to lay low, put your head down, and do EXACTLY what they told you to do.
If they suggested a productivity or sales tactic, apply it to your life and business EVERY single day.
You are going to do this for at least 4 weeks before you reach out to them again.
The goal here is to show them that you are an action taker and that you value their input and their time.
Do not reach back out to them until you have internalized, applied, and reaped the rewards of their advice.
Once you’ve done what they said and given it enough time to have an impact on your life, you are going to reach out again.
Step 4: The Follow Up
Now that you have taken action and gotten some results, you are going to follow back up with them, thanking them for the advice, sharing how it impacted your life, and asking another simple question.
Try to make your follow up question related to the first one in some way shape or form so that it’s easier for them to answer via text or email.
From here, you are going to repeat the above processes 2 or 3 times until you have made massive shifts in your life from their advice.
Finally, it’s time for the grand finale in the initial stage of this relationship.
Step 5: The “Thank You”
If you have asked the right questions and taken action on the answers, then your relationship with your mentor should be pretty strong at this point.
They likely view you in a positive light, think of you as an action taker, and probably consider you a friend or mentee.
Now it’s time to seal the deal.
Invite your mentor (and their family) out to a meal either at your house or a nice restaurant.
During this meal, you aren’t going to ask questions or try to get any value from them.
You are simply going to show real interest in their lives and business, thank them sincerely for helping you on your journey, and solidify your existing relationship.
This will transition you from being their mentee to being their friend and, if you have played your cards right up until this point, will give you unrestricted access to their knowledge and wisdom.
Finding a high-level millionaire mentor isn’t easy, but it’s simple.
Everyone in the world wants to be mentored by a millionaire.
But most people are too damn lazy and arrogant to listen to their advice.
If you set yourself apart by showing that you are an action-oriented hustler, they will respect and appreciate your questions and revel in the chance to pass on their hard-earned wisdom.