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.

Insider, if you're anything like me you may be a popcorn machine. That's what my team calls me, in terms of ideas.

I'm currently out in San Diego at the moment and before this I was out in Nashville attending an event. As you can imagine, when you're thirty hours into an event, you get so many business ideas as regards to what you can do!

But remember, knowledge is never power—that's the big problem I find with a lot of people. They are reading tons of books, checking out lots of videos but never getting results.

The reason is because what you implement is power! Not just having the knowledge.

That's why I'll just quickly share with you (before my taxi arrives) a few tips about this situation—what should you do when you've got too many ideas?

In my video I will give you advice about what to do with the huge number of ideas you get—how can you work out and prioritise which are important to you?

Time is valuable so you need my tips to stop you wasting it.

Then you need to make a plan—how will you execute these important and exciting ideas, and not just let them go to waste? There is a secret to stop yourself getting overwhelmed.

Talking of being overwhelmed, I will share with you a way to stop this. It’s easy to be overwhelmed by the amount of information you find. And you end up wondering—what do I need to learn and how can I find it?

Follow my tips in this video and all those questions above will be answered.

I hope you found this to be helpful! By the way last week I didn't post videos because I was totally immersed in this event I was attending.

But expect to see some more videos coming your way because on Friday we're heading out to LA and taking my mum out there for the first time. And of course you’ll see Toma and my sister Alice on the video.

Have a great day and take action on what you learned today. Remember knowledge is not power—its potential power! As always follow your heart, take action and go live the life you truly want to live.