How I Went From BROKE Selling Flowers To $150 MILLION Net Worth | Matt Higgins

Tom Bilyeu's Impact Theory

Impact Theory

News Commentary, News, Business

4.7 • 5.2K Ratings

🗓️ 28 March 2023

⏱️ 101 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you’re about that hustle culture life then you’ve either entertained the idea of burning the boats or you already took the leap. Is it necessary though? Is there a link to being successful and leaving yourself no option for retreat?

Matt Higgins has been on Shark Tank as one of the sharks, he’s vice chairman of the Miami Dolphins, guest lecturer teaching at Harvard, and CEO of a private investment firm, RSE Ventures among other things. His success is mind-blowing and at a level very few people ever achieve.

The plot twist is he grew up broke, selling flowers, working at McDonald’s and actually made the decision to drop out of high school at 16 years old! He’s sharing why Burn the Boats, the title of his latest book, isn’t the idea you think it is. Matt points out that 48$ of people have a plan A and believes that when you spend time coming up with Plan B you’re more likely to not even give Plan A the effort it deserves and therefore minimize your chance of success.

This conversation is about getting real with yourself, facing everything that comes your way,and not retreating to Plan B, C or D. The idea that Matt shares is about being so totally committed to your Plan A that success is the only option.

Eliminate choices. Fully commit. Experience new levels of success.

“There’s a gravitational pull of incrementalism because incrementalism is the only thing for which we have data to validate our choices.”

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Website: https://www.burntheboatsbook.com/

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Instagram: https://www.instagram.com/mhiggins/

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Transcript

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0:00.0	What's up, guys? I'm super excited for this episode because joining us today is Matt Higgins,
0:04.6	a wildly successful entrepreneur, Shark Tank guest star, former vice chairman of the Miami Dolphins,
0:10.8	and CEO of RSE Ventures. Matt's latest book, Burn the Boats, is a must read for anyone
0:16.9	feeling stuck in neutral, and he's here to share his secrets to success with all of us.
0:22.2	From ditching your plan B to committing fully to your goals, we'll explore the best ways to
0:26.7	achieve your dreams and become the person you want to be. Do not miss out on this incredible
0:31.5	opportunity to learn from one of the best. If you like this episode, be sure you're following
0:36.2	the podcast and share this episode with a friend.
0:38.7	Really is the best way to support people that you love on their journey to becoming legendary.
0:43.5	Right, guys, let's do this.
0:47.0	What are the principles that you've lived by that allowed you to go from dropping out of high school, broke, selling flowers by the side of the road,
0:58.3	to a net worth of $150 million.
1:00.7	For me, it all comes down to the single decision I made to drop out of high school when I was 16 years old.
1:06.9	I grew up in Queens of New York, very poor, living on government cheese and taking care of my mother, who was obese, which I don't talk a ton of a lot, but it was very heavy.
1:18.3	And the byproduct of dysfunction and abuse, which only became clear later on.
1:22.9	So just born into dysfunction, and everything was about concealment. Everything in my early days was about making
1:29.7	sure that nobody knew just how poor I was, just how desperate I was. So there's all this concealment
1:34.9	was what I was born into. It takes a long time to sort of shed that shame. And then after years and
1:40.3	years of realizing the cavalry wasn't coming, I had an epiphany, and it was actually
1:45.3	born of watching my mother. She took her GD as an adult and went from having no education to
1:52.8	enrolling in Queens College. And she had a really fierce mind. And for her education was about
1:58.8	dignity. But as a kid, it was around 13, 14, I'm like, wait a second, I saw an ad in a local penny saver newspaper and it said, you know, deliver flyers for a congressman, you know, college students only, but you'd make eight bucks an hour. The time I was scraping gum at McDonald's making 375 or working in a deli overnight. And I was like, what is it about this
	...

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