Video summary
The transcript introduces a powerful narrative about success through the story of an entrepreneur who sold his company for 120 million dollars at age thirty-three after years of intense struggle and learning. The speaker, Andy Elliott, hosts Matt Wright to discuss seven non-negotiable principles essential for building wealth and an incredible life. A central theme is that true success often requires a long game without shortcuts, challenging the societal belief that one must achieve everything immediately in their late teens or early twenties. Instead of chasing quick wins like many young founders do today, this successful individual spent five years working within someone else's business to gain deep industry knowledge and experience before launching his own venture. He emphasizes that relying on luck is insufficient; rather than waiting for opportunity, one must actively build the necessary skills and resilience through a structured process of learning and growth over time.
One of the most critical lessons shared involves transforming pain into fuel by staying obsessed with winning and understanding your true destiny. The speaker recounts his own painful experience where he gave everything to a business only to receive nothing in return, an event that initially felt like betrayal but ultimately became the fire driving him forward six years later. This principle extends to making hard decisions about who you work with; for instance, despite hiring friends early on, he eventually had to let some go if they were not capable of growing alongside the business or meeting its demands. He illustrates how surrounding oneself with people who are committed to self-improvement and shared goals is vital, noting that even one negative influence can ruin a life just as poison in water kills everything instantly. Therefore, it is necessary to constantly raise standards and make room for better individuals while being prepared to cut ties when relationships no longer serve the ultimate goal of growth.
The final principles focus on investing heavily in self-development and maintaining physical health as foundational elements for mental strength and business scaling. The speaker argues that working harder than ever before without improving oneself leads nowhere, citing Jim Rohn's advice to work more on yourself than on your job. Small adjustments, such as replacing two hours of Netflix with reading a book or swapping unhealthy habits for productive ones, can lead to massive long-term results by rewiring the mind and building discipline. Physical fitness is highlighted not just for appearance but as a crucial factor in handling extreme pressure; he shares an anecdote about someone who survived a series of catastrophic life events including lawsuits and family breakdowns solely because their daily gym routine kept them mentally sharp enough to endure it. Ultimately, these seven non-negotiables—ranging from patience and obsession to health and community—are presented as the blueprint for achieving extraordinary outcomes while avoiding the pitfalls that trap many ambitious individuals in perpetual struggle without results.
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He said it was the toughest thing that
he went through in his 20s.
But that toughest thing ended up being a
blessing 6 years later.
>> It was that moment where I'd given
>> [music]
>> everything for this business
and got nothing at the end of it.
>> Dude, this guy ran
grit, blood, sweat, tears. He bled for
his dream. Once he learned everything
that he needed to learn, then he started
his own business and then at 33, he sold
it for 120 million. So, what were some
things that you did to max out that
obsession for winning?
Hey guys, what's going on? It's Andy
Elliott. Today, guys, we're going to
talk about the seven non-negotiables to
build an incredible life, a huge income,
get wealthy, and build a big business.
Guys, I'm here today with Matt Wright.
If you don't know who he is, he's been
on a podcast with me before. Today's not
a podcast. I'm going to teach you guys.
He's not telling his life story today.
But I will tell you this, he just exited
his company for 120 million dollars.
Could you imagine right now getting 120
million dollars from Toyota?
They paid him 120 million. You want to
know the seven non-negotiables this guy
lives by? He's going to share them with
us right now. They're life-changing.
Changed my life, it's going to change
yours. Matt, love you, bro. Um let's
just get straight to the meat. I'm going
to put Matt's social media right here.
You guys can go follow him. You guys can
go check him out. This guy had would
built a business, wasn't building a
brand. So, now he's releasing content.
You want to know everything that he
knows. Let's start with these seven.
Matt, let's go one through seven. Is
that cool?
>> Yeah, let's do it.
>> Number one non-negotiable.
>> First for me is
Okay, so I went to an event on the
weekend and someone announced just like
you did, someone announced my success
and after it, I was bombarded with
people coming up to me. But most of
those people were 20, 21, 22-year-old
founders who had this great idea that's
going to be worth millions and billions
and blah blah blah.
And for me
when I was 21, 22, I wanted to be rich.
I wanted to be successful. But
there was a very clear timeline where
it's like building blocks where you need
to build and build and build and build.
So, at 21, I gave 5 years of my life to
someone else. I was working in his call
center, same industry, which we'll go
into in a minute in in terms of
knowledge of the industry, but gave
myself to someone else's business.
Learned every facet of that business.
Grew through the business.
>> Mhm.
>> And then went and worked for a couple of
other businesses to get those last bits
of knowledge, those last nuggets of
wisdom I needed, and then started my own
business.
Now,
fast forward to 33, exit for 120
million. Now, when I was 21, 22, giving
myself to someone else's business, there
was kids there trying to make millions
and millions and millions. I can
guarantee that if I went and looked at
all these people now,
>> Mhm.
>> they're still trying. They're still
there trying to do the same thing they
were doing at 21 at 34. So, I think
society at the moment
forces we see all this success online,
and society sort of puts us into this
corner where we believe that if we can't
do it straight out the gate, you know,
when you're 18 or you're 21, you you're
out the gate in the life. That's when
that's when life starts or that as an
adult. So, and if you can't succeed,
then you're a failure. But sometimes you
just need to
you need to just step back for a minute
and just trust this process. Like I What
I do believe, which I know you speak
about a lot as well, is that there is a
higher power that has a that has a plan
for us. It has this it's fate. You know,
and there's a lot about fate with my
story. I was never meant to be in cars.
My dad kept me waiting for 10 minutes in
a hotel lobby, and I accidentally fell
into cars, and the rest is history. So,
I'm a massive believer of fate. Um but
there is a plan for you, but yeah, I
think right now
all these successes, you know, you've
got 19, 20-year-old kids in tech that
are worth 300 million. But then everyone
else is looking at them and thinking
it's all possible. It's not it's yeah.
>> Now, I want you to listen to what he
said. He said at 21 years old, he looked
at all these other 21-year-olds that had
big dreams just like him, but he knew
that he needed to go work for someone
for the next 5 years to learn what he
needed to know so that he was actually
experienced and knowledgeable to go open
his own company and not fail and be
successful. When he left that company,
he found a couple other companies had a
few missing pieces that he needed to
learn. Once he learned everything that
he needed to learn, then he started his
own business and then at 33, he sold it
for 120 million.
He said if I look back all those 21,
22-year-olds, they never went and worked
for anyone else. They never put any more
experience in. They never really learned
all the stuff. They never helped grow
another person in in business. And so
they're just still dreaming 10, 12 years
later. And he's saying that you got to
trust the process. You got to go through
and you got to learn your business.
Don't ever let anyone else know your
business better than you. Matt mastered
it. So, I think the non-negotiable is
you there's no shortcuts.
>> Correct.
>> The the long game is how you win and
there's no shortcut. If anybody's
telling you there's a shortcut, they're
a liar. And if you get lucky, but if
you're relying on luck, everyone's going
to miss out.
>> All right. So, number two, staying in
your lane. Too often I see people
You teach sales, right? How many times
have you taught a salesperson and you've
looked at them
>> [snorts]
>> and you just sales isn't for them. And
you're going to try and teach them, of
course you are, but it's just not for
them.
>> Yeah.
>> How often do you see in life people
working at something and it's they just
it's just not what they were born to do.
So, staying in your lane is the most
important thing. I've had that many
examples of where people have worked for
me and could be various different areas
of the business and it just wasn't them.
And as a result of that, they're not
performing at their maximum
their maximum output.
So, finding what it is you were
you were put
>> What you love, right? Cuz if you don't
love it, you're not going to be
passionate at
>> Yeah.
>> Yeah, so stay in your lane. Sometimes
even your your you're wanting to do
something, you love something, but
you're not getting paid a lot of money.
So, you find something else that will
pay you more money, and you'll get out
of the lane that you love to go over
here to try and make more money. And
even if you do make a little more money,
you end up hating what you do, and
you'll eventually end up coming back
over here anyways, and you just wasted
all that time.
>> Correct. Yeah.
>> And so, I think that, you know,
fulfillment and purpose, you know, like
really like And you don't you didn't
love cars, but you love the build
>> Correct. Yeah.
>> and the vehicle just happened to so be
cars, cuz you figured it out.
>> Yeah.
>> And so, like your love was to build. And
so, for you working for someone else
just wasn't an option anymore. Because
even though that it's very risky to own
your own business, there's tons of risk,
you know, long nights, constantly no
sleep,
you were wanting that. Like you were
craving that suffer. And so, not
everybody's craving that. So, stay in
your lane. Don't sit here and say I want
to be an entrepreneur,
and then you don't want to freaking lose
your sleep for 5 years.
>> Correct.
>> Like don't like don't say that. You know
what I mean? Like don't like you can't
do that. Like that's not how it works,
you know, cuz you don't sleep. You stay
up. Your eyes are bloodshot red for for
years.
Because there's no rest. And you get
your teeth kicked in. If you don't want
to get your teeth kicked in for 5 years,
>> Yeah.
>> like
like don't open your own business.
>> you start, you don't want to be then
pulling out then, you know.
>> No.
>> Your family will be dependent on it.
Whoever's around you then becomes
dependent on it. So,
>> It's going to hurt a lot of people.
>> Yeah. Correct.
>> Yeah, so you better know what you're
getting into. That's a great one. Stay
in your lane, guys.
>> So, number three, destiny maxing. So,
maxing out your destiny. So, that's
where various items
are all combined. So,
let's pick some examples. Firstly,
obsession. What is it you're obsessed
over? What are you truly obsessed over?
When you obsess over something, you're
passionate about it. It's You have an
interest in it. So,
by increasing your exposure to that
particular item,
it's you're in complete control money
and you're up in your you know your
>> When you find when you say like destiny,
it's like something that you're
passionate about that you take personal.
Am I right?
Yeah, like until you take something
personal, you're never going to do good
at it, right? And so,
what was your destiny?
>> For me personally?
>> Yeah, like what like what was your your
destiny? Like when you say that, give
them an example for yourself.
>> Yeah, so for me
for me it was always about
winning, succeeding.
My destiny has become
has probably changed since selling the
business.
>> Yeah.
>> Which you know is something that we've
spoken about, but when I'm when I was
early 20s, I just wanted to kick back,
make money, and win. So, what were some
things that you did to max out that
obsession for winning? Give us two or
three examples that you did personally
in your own life.
>> Yeah.
make money and win.
>> So, what were some things that you did
to max out that obsession for winning?
Give us two or three examples
that you did personally in your own
life.
>> Okay, so I'll go back to the first
example I gave you, which is obsession.
I obsessed over absolutely everything,
whether it was when I was working for
someone else's business, which by the
way, I worked for this business for 5
years, started as a call center buyer on
the phone, ended up being the GM of the
business, running the business for a
father and son. They sold the business
to a publicly listed entity, and I got
zero for it. And that was probably the
most painful time in my 20s. If I think
of moments where I felt betrayed, let
down, it was that moment where I'd given
everything for this business
and got nothing at the end of it. And
that
then became the fire that really got me
going.
>> There you go.
That was the fuel behind you getting out
on your own and then exiting cuz you saw
it happen in front of your face and
you're like, I'm going to duplicate
that.
>> Correct.
>> And this time I'm going to be a part of
it. And you never took a partner on.
>> Yeah, never.
>> That's incredible. Important for
everybody to know he never took a
partner on. He never took money. He
never took anything. He did it on his
own.
A lot of businesses they need funding,
they need this, they need that. Dude,
this guy ran
grit, blood, sweat, tears. He bled for
his dream.
>> Yeah.
>> So cool, dude. So anyways, maxing out
your destiny, if you're not obsessed,
it's not going to happen. And that pain
of him watching another company sell
that he helped build and got nothing.
Had that not happened, you probably
wouldn't have the fuel and the fire to
go build your own business.
>> Yeah.
>> So
to max out your destiny, it's not always
what you do. Sometimes it's also
reversing your your pain into fuel. And
really, I'm the guy that operates in
pain to fuel.
And so a lot of people operate from
motivation to yay! It's Dude, that Dude,
the guy that's run run and operating off
pain is going to slaughter someone
operating off motivation.
>> Yeah.
>> So there you go. You want to max out
your your destiny, guys. You got to be
extremely obsessed. Only obsessed people
make it. If you take any successful
person I can you crack them open they're
crazy.
Okay? But he had to go through
something. He said it was the toughest
thing that he went through in his 20s.
But that toughest thing ended up being a
blessing 6 years later.
>> So number four, surround yourself with
the right people. So it's something
which I know you've spoken about a lot
is surrounding yourself whatever it be
your friends
your colleagues if you already own or an
operate a business, employing the right
people. I walk around your office.
Everyone's jacked. Everyone's hyped up.
Everyone wants to be a better person.
Everyone wants to be a better family
man. Everyone wants to be a better
father. Everyone is aligned
to the same goal.
And so if you're surrounding yourself
with people
that don't want to better themselves,
that are happy where they are or content
where they are in life, people who want
to go and drink alcohol every weekend
and wake up hungover every Sunday and
ruin every weekend, people who don't
want to spend time with their wife.
You are going to become that person. So,
this is a real short and simple one.
Surround yourself with better people.
>> Guys, that's huge. Listen, one wrong
person around you literally ruin your
life.
>> Cancer.
>> Yep. You You take You take this drink
right here. You put one drop
of strychnine in this.
One drop of poison.
You're dead. Look how much fluid's in
here. You put one drop, you're dead.
That's what one wrong person can be in
your life. And so, I'll tell you,
surround yourself by the right right
people and then always making room for
better people to come in. And so,
sometimes you got to kick someone out of
your circle. Listen, dude. I'm going to
tell you this. Not everybody gets to
stay forever. Not everybody gets to eat
at the table forever, okay? As we all
raise our standards, everyone else raise
their standards or they're out. There's
better people that want to come into
your life and if you don't make room for
them, then there's no room for them.
They just never come in.
>> Yeah.
>> And so, that's huge. What What he just
said, I believe if we were to choose all
seven and I haven't heard the other
um few yet, but I'm just saying that one
alone was the one that changed my life.
I
I was either going to become like them
or they were going to become like me.
And so, if I just put myself around
like-minded people, we all just grew
together.
And so, it may take time to build that
perfect circle,
but it is possible and it's the way to
live the rest of your life on fire. So,
number five is going to be be prepared
to make a hard decision.
>> Brice in it. I
as so many of us have done, recruited
friends. They're the easy way. You're
starting a new business and you need
people to work for you around the clock.
Give you a mate's rate discount,
increase your chances of success. You're
going to go to your friends cuz you
always feel like you can trust your
friends.
>> Yeah.
>> There was multiple occasions where I had
friends that worked for me. The business
has continued growing and they haven't
They haven't, you know? So,
on multiple occasions I had to
fire I had to have hard conversations. I
had to let down people who were my
friends and as we all know, nine times
out of 10, it ruins the friendship as
well.
>> Mhm. So,
my lesson, you know, this always prompts
one question.
Okay, so I shouldn't hire friends.
And this is where I get stuck, and I
actually can't tell you the honest
answer, but in my case,
if I look now,
the end of the line for me, I have seven
or eight friends that still work in that
business
that grew with the business.
Now, I probably put that down to more my
judgment of my friend circle prior to
starting the business was already quite
high. It was relatively on point because
I was surrounding myself with people who
wanted to grow, but not only wanted to
grow, were capable of growing. Everyone
wants to do Everyone wants to earn money
and be rich.
>> Yeah.
>> How many people do it? What's the What's
the What's the odds of millionaires in
in in America? One in One in 10,000?
>> Yeah.
>> That's pretty odds.
>> Mhm.
>> So, yeah, being able to make hard
decision and being prepared to embracing
it is character building.
>> Yeah. You're never going to build a big
life if you can't stand for something.
>> Yeah.
>> And whenever people can't make the the
cut,
>> Yeah.
>> you have to They're not bad people. You
love them, but you have to make the cut
because someone else has to come in,
especially if the goal is to continue to
rise, and continue to build You're a
builder.
>> Yeah.
>> And so, you know, it's either, you know,
you're going to build or you're not.
>> But everyone,
>> Black and white.
>> everyone does always seem
whenever you get advice, the advice will
always be don't hire friends and family,
but in in my case, don't hire friends.
I'm still not completely sold on that
one.
>> Yeah, because you've seen a few work
out.
>> Yeah.
>> Yep. So, just be prepared if they don't
work out
>> Yeah.
>> to make the cut.
>> But again, and that's a consequence of
one of the previous steps, surrounding
yourself with the right people. You do
that, and it follows on. Number six,
self-development. Spending money on
yourself, spending money on yourself
is the most important investment you can
make.
And so many people that I hear
give
crazy excuses like, "Oh, but I don't
have that much spare money this month."
And
how many of us go and treat ourselves to
a nice meal, treat ourselves to go out
of our family, take our take our
partner, our wife out for a nice meal.
Now, that stuff's super important. I
believe in that. But, if we can give all
that up
>> to the mall and blow money. I watch them
watch
>> If we can give that up for a couple of
years,
man, you've got more than nice meals
with your misses waiting for you down
the line. So,
>> Choose.
>> for me, spending my And you know, this
this is how we first met. I decided to
spend money
on myself. You know, when I first came
over to America, 20 May 2024,
I left here, decided in June 2024, I was
going to sell my business. Now, I return
2 years later, done.
And you know, we know the outcome.
>> Yeah.
>> So, spending
>> Self-development was a big part of you
continuing to grow. Cuz you got to
remember this, guys, and this is super
important. I want to finish this off
with this saying is that you can only
work so hard.
And so, if there's only 24 hours in a
day, even if you're the best at working
24 hours in a day, you can only scale
that so far.
The massive scale is growing yourself.
And if you don't spend time working on
yourself, they Jim Rohn, which is Tony
Robbins' mentor, said, "Work harder on
yourself than you do on your job."
And that's what you did. When you worked
on yourself, you could scale and grow
your business and everything in your
life. But if the goal is just to work
hard, everybody's like, "Got to work
hard." That's the truth. Nobody gets
anywhere by being lazy.
But if you don't get better, there is no
scale.
>> And it's to make the smallest of
adjustments as well. Instead of watching
Netflix for 2 hours at night, read a
book. And just tiny adjustments which
you don't need to make room for these in
your life. They're already The room's
already there.
>> Yeah.
>> You just need to pivot, make some small
small adjustments.
>> Yeah, you you swap something you're
addicted to that's bad to something
you're addicted to that's good.
>> Yeah.
>> And by the way, that actually gets you
what you want in life.
Yeah, cuz Netflix will get you nowhere.
So, there we go, guys. We're going to
finish off with the last one, number
seven.
>> Seven, health and fitness.
Old cliche, but
nothing rings truer in my case. When I
started my business, I was healthy. I
was fit. Over time,
I think it would be fair to say I let
myself go. I came here in 2024,
left, and had this new lease of life.
Left here and went and lost 40 lb.
40 lb of weight lost in little over 4 or
5 months.
And the the result of that,
I personally believe is is is is the
headline number in all these articles
you read, which is 120 million.
>> Isn't that crazy? Because your
confidence, your self-esteem, your
self-belief, your ability to go through
pressure, when you believed in yourself,
there wasn't like any like insecurity
now. You were more secure in yourself
than ever before when you were taking
care of yourself.
When you take care of yourself, when you
said physical fitness and all that, like
yeah, you got a six-pack. Yeah, you got
great shape. But also, dude, you rewired
your mind. Your mind got ready for that
last year and a half haul to go through
this, you know,
uh sellout at the end. Just because
someone puts an offer on your company,
it doesn't mean it's going to sell. It
just I mean, there's a lot of things
that have to happen. A lot of pressure
right there at the end. And so, the fact
that you were taking care of yourself,
you know, I see things that happen in
people's lives and they get hit with
stuff. And when they're not taking care
of themselves, it ruins them. It
literally does, dude. One bad week, guy
not taking care of himself, it ruins
him. I watched a guy literally just go
through a lawsuit.
He His wife left him.
Every His business was losing money. He
caught the CEO of his company embezzling
money and stealing cash.
All these things happened in 1 week.
Do you know what the guy was doing
though 2 years previously?
A psychopath in the gym, training like
an animal, taking care of himself. Now
he's came out of it, he's on the other
side. His business is growing, he's
doing great, and he said and I said,
"What got you through that?" And he
goes, "You want to know?
Me taking care of myself in the gym." He
goes, "The gym every single morning, me
taking care of myself allowed me to get
through all that." He goes, "If I wasn't
taking care of myself, I probably would
have blew my head off."
I probably couldn't have taken it. He
goes, "I never knew the gym was going to
play out in such an important part of my
life." And yes, he's in great shape on
the outside, but mentally on the
outside, he's a freaking warrior.
And so, number seven, you nailed it. I
said that other one was my favorite, who
you're around. But if you don't love
you, you can't love anyone else.
>> And if you don't love yourself, no one
else is going to love you either.
>> That's it. Man, guys, those seven skills
that he just gave you, every single one
of you should go and watch this 15, 20
times. By the way, I know you know a few
people that also need to hear this
video, okay? Share it to them. Right
now, you guys need to go follow Matt
Right. I'm going to put his Instagram
right here. Go give him a follow, right?
Go shoot him a DM, intro- introduce
yourself to him.
Guys, he's building his brand right now.
He's going to freaking blow up. It's
going to be life-changing. And I want
you guys with him on the journey. Plus,
he's also mentoring some people along
the way, so
we didn't even get into that, but he's
giving away millions of dollars to some
people to start some businesses. So, I'm
just telling you, he's a great guy to
connect with. If you want to, go right
now to Instagram, give him a follow,
shoot him a DM. Matt, thank you,
brother. This is this is life-changing
stuff for all of you, non-negotiables we
should all live by. I love you guys. I
appreciate it. Matt, thank you so much.
We'll see you guys in the next video.