Over the last several years, I’ve been able to hang around with, as well as to collaborate with, the world's most successful people. During that time I've noticed how there's one significant thing the rich buy that the poor don’t.

Looking back at my life, I now realise that the reason I was struggling so much in my life is because I never bought into it. I was never taught, so I never really understood it.

It’s only just clicked for me in the last few years, so don’t worry if you’re the same, Insider—wondering why you’re struggling. You don’t have this vital piece of advice!

By the way this video isn't going to be about the subject you probably assume it will be! I expect you’re thinking it’s all about finances—assets, liabilities, profit and loss.

But it’s something much deeper, it's a foundational belief. So read on to find out more, and of course all the details will be in the video.

First let me ask you a question—what would you do if someone gave you one million dollars right now? Would you feel like all your problems have gone away?

I’m guessing you wouldn’t, because there is something else more essential that you need to live a satisfying life.

In my video today, I’ll tell you what billionaire Warren Buffett says about money and time, and which one he thinks is more important. You might be surprised!

Rich people such as Warren think totally differently from the average person—they value the L word. Not the L word you are thinking of, I expect! But another very important word.

I have one other question to ask you before you watch my video—in a race between me and Usain Bolt, the fastest man in the world, who do you think would win? I’m sure now you are laughing and thinking I’m crazy, but it all depends on what I said above about the important word.

You have to start thinking about your life, my friend, and start working on what’s important, not just urgent.

And when you've really understood what I tell you in the video, you’ll finally start living like the rich and making the best of your life.

I hope my tips today will help you figure this out. Let me know in the comments box below what your biggest takeaway was.

If you like this video, Insider, and found it helpful, please like and share it. And as always follow your heart and take action. Go live the life you're truly born to live.