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The bricks and mortar business, successful or not, is

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restricted. Changing your mindset is something that

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is difficult for people because you get ingrained into life

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and the way you're brought up as a child. Go and take a risk on things.

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Give things a go because what have you got to lose? The people that you're talking to,

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they're negative. Those are the people that you have to

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let go out of your life. You can't just listen to one person

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20 years ago and then think, oh, I know everything now. No, because I'm

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Matthew Fraser, and this is Amazon Ecom

Speaker:

Secrets. I'll be sharing with you the secrets that helped me go from

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millions in debt to an eight-figure entrepreneur. If

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you're ready to escape the nine-to-five and live life on your terms,

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let me show you the way. Something just came to me the other day, and

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it was after talking to a client, and then I realized that

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we don't think the same. I thought that

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everybody that came out of high school was instantly

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wanting to make money. That's what I just thought. Because even today, every

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single day, I'm thinking about money. How

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am I gonna grow my wealth? How am I gonna protect my wealth? How am I gonna pay less

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tax? What new business am I going to

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acquire? I just assumed that this was a

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daily occurrence of everybody, and it turns out it's not.

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And it's because she said to me, Matthew,

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I've never read the book, Oh, she just came across the book, Rich

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Dad, Poor Dad. I was like, what? You've just

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come across that book? Now, this book came out, what, 20 odd

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years ago. I thought that was a staple of everybody that

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was thinking about entrepreneurship, business, and

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it's definitely a go-to book. It's like the foundational book, one

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of the foundational books. I mean, you're thinking

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about growing your mindset, improving your

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mindset, sometimes the thing is you just don't know what

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you don't know. Like, she didn't know that there

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was Rich Dad, Poor Dad book that she should have gone and read in

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the very, very beginning. And there's a whole list of books that

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you should read. One of the former episodes actually I've done in

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Amazon Ecom Secrets is about some of the top books that I've

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read over the years and the foundational books that

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you should read. And changing your

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mindset is something that is difficult

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for people because you get ingrained into life

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and the way you're brought up as a child, which ultimately sort of

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leads you to how you think as an adult. And

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there was a guy I was talking to the other day, he's a tradesman, and

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he was thinking about starting his own business, but his dad had said,

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he's also a tradie, had said, oh no, I wouldn't do

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that. I wouldn't do that. It's too much risk. And

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I thought, really? How's the time to take risk? You're

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only like 25. Go and take a risk on things.

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Yeah, give things a go. Because what have you got to lose? When

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I was first starting out on my entrepreneurial journey

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coming out of high school, I was just getting just

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bombarded with things, with knowledge. That's what I

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was trying to do. I was trying to increase my knowledge on

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things. And back then, the thing to do was property. And

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so I read that Steve McKnight book, which I think most

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property people have read, zero to a hundred properties in

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five years, something like that. And he talks about positively geared

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properties. And I thought, geez, this is a winning formula. Read

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through that book, went on to the next one, just started reading anything I could possibly get

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my hands on to do with property investing, which

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actually led me then to start buying a number of properties.

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And by the age of 25, I had about, four or five properties, which

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back then was extraordinary. None of

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my friends even had one property, let

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alone four or five properties. And it just

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was a case of me getting knowledge from other people

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who were more successful or in the

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place where I wanted to be. Steve McKnight as an

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example, as well as a whole bunch of other authors at the time, was

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showing me the way that this was possible. And I think because I was

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so young as well, I didn't know any different. I

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didn't know that this wasn't normal. Looking

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back, I can see, because of course, like I said, all my friends, they were

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struggling to get their first property. They weren't even

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thinking about it, to be honest. They were just thinking about partying and

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what they were gonna do on the weekend. And I was just completely obsessed

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with growing wealth. And so

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when you're obsessed with that, things just happen, because you start

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taking action. It just becomes like a normal, everyday thing. It

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wasn't until I got to my

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mid-30s that the internet sort

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of became a place where I thought, wow, I could actually make

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money using

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the internet. Because before that, I wasn't thinking

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internet because we had this whole dream of, as you guys probably know, buying

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the Hungry Jacks restaurant. Bricks and mortar store with a lot of

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staff, a lot of overheads, but we'd seen other people become

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successful in the fast food restaurant niche.

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So we thought, great, well, let's give that a go. And ultimately,

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that then led into, hey, changing the

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model. And I think that's something that people should really take

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on board is, When you get new

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information, when you get more knowledge,

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you have to switch. And

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the key for me was getting the knowledge that the

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bricks and mortar business, successful or

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not, is

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restricted. The bricks and mortar business, particularly a restaurant,

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No one from Sydney is flying up to the Gold Coast

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area to come and buy Hungry Jack's at

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my restaurant. They're going to Sydney restaurant. So you've only

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got the circumference of people in your vicinity who are coming to

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your restaurant. When you then think

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about online sales, the entire globe

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is your customer. And that is just a huge

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mental shift. And it's not, I think in Australia we

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can kind of get we get a bit locked into Australia, thinking

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about Australia only, then you

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go overseas. And I remember going to China.

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And when I went to China, unbelievable, the

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amount of people there, it's absolutely insane.

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Absolutely insane. And then you really open up

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your mind to, wow, you know, I

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just have to sell a few products a day to just

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like, to become like a millionaire. See what I

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mean? So there's like, how many, like a billion people or something in China?

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Even if you think about America, right? America is pretty much where most

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action happens as far as online sales. And

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when you go to America, and I've been to the States, and again, there's

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just people everywhere, and you think, wow, I just have

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to sell 10 products a day or

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something, 10, 20 products a day to

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these 300 million people, and I

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could retire on that, which is just an extraordinary mind

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shift to make. And so to

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get that mind shift though, you've got to expose yourself to different things,

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whether it's investing in yourself, by

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mentors or actually going overseas and seeing

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for yourself that, wow, there's more people outside of Australia.

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Now, talking about mentors, I started off with,

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I remember back in about year 2000, I bought Tony

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Robbins Personal Power, Personal

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Power 2, I think it was, and it was like a CD set, it came in the

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mail and everything. And even back then, I was obviously thinking

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about, getting educated on things and changing my

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mindset because the guy on TV, he said, change your

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mindset and that'll help you. And I thought, brilliant, let's do that. But

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when I really, really, I think

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ultimately things layer on top of each other.

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I wonder if I would have

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bought five properties by 25 or bought

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a Hungry Jack's restaurant by 29, if

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I hadn't had listened to Tony Robbins when I was 21. Because

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I think your life is just a series of

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learnings. One thing just piles on top of the next thing. Even

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right now, I was just doing some education on

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AI tools, right? For the past couple

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of years, maybe three years now, I've been doing I've been focusing on

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YouTube and growing this WRX YouTube

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channel. Not because I think I'm going to make money from WRX

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channel, but I just wanted to know how to use that system.

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And I think in the future I'll look back and

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say, it was because I spent

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years doing this hobby WRX YouTube

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channel, is the reason why I'm now doing XYZ channel.

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So one of the things I'm looking at right now is do I

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buy an existing faceless YouTube channel, right?

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Now, these things make money without me having to actually be

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on camera, right? WX channel, I was on camera. Perhaps

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the episode that you're watching right now, I'm clearly on camera talking.

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But a faceless YouTube channel is really just a content channel about a

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variety of different things that becomes monetized through AdSense, so

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Google pays you money. And I

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don't think I'd be in the position of even looking at buying one of those channels

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if I hadn't had already spent the last three years playing

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around with my WRX YouTube channel. So

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sometimes you can't see it going into the future when you're investing in

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yourself, It's not until you look back that

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you realize that that money that you paid for the

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course, the experiment with YouTube, the

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learning with AI tools, was all worth it because it

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now has led you to this new point in your life where you're

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now successful. And

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there's been some key moments in my life where I

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can see not only Tony Robbins, but in later years, even

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simple things like Grant Cardone played

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a massive influence on my life. I

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absorbed every single one of his books. I started with The 10X

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Rule and then just went into everything Grant Cardone.

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And he was another guy who

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was pushing the boundaries of my mind. Because

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even though I had started with Tony Robbins back in 2000, What

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you find is that you can't just listen to one person 20 years

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ago and then think, oh, I know everything now. I don't

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need to listen to any more mentors. I'm

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good. No, because you need constant reminding, you

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need constant accountability to push yourself, to learn

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more, and the world is forever changing. And if you're wanting to keep

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getting to the next level, then you need to seek people who are

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in higher levels than you to get that knowledge. And

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I can tell you, just even from a tax

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point of view, my goal when I was really, really

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broke, my goal was to, I

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wanna be in the position to pay tax. Because you know that if you're paying tax, you must

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be making money. But

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then when you get to the position where you're doing millions of dollars

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a year, you can imagine the tax bill comes

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a knocking. So now the new mindset is,

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or the new shift in my mindset is, I do wanna pay

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tax, but I wanna pay as little as possible. Because

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I tell you, when you have to start forking over

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checks to the tax office in the six

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plus figure, and I'm talking very, very high

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six, verging on seven figures, of

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a tax bill, it does not feel good

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at all. It's brutal. And even

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worse than that is that the government is just so hopeless

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at spending the tax dollars that you give

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them. And they're supposed to be doing it for the right reasons, but honestly,

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the amount of money they piss up the wall is just ridiculous. So

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therefore you want to minimize that. One of the things I now get to do though, just as

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a side note, is I now get to contribute to charities that

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of which I think are making a great contribution in

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Australia. There's a range of charities that I donate to now and

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Hopefully, that's some of the things that you'll get to do when you start making

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millions of dollars as well, is to direct your money into charities that are

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already doing great things, if not in

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Australia, then in the world. Sometimes when you join a coaching

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group, whether it be in Facebook ads, in Amazon, e-com,

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generally it'll come with a network of people. It's

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great connecting with that network because they generally start

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talking your language. And I'll

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give you the story. A guy who

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I'm friends with, who I grew up with from sort of about 19 years

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old, you can look back over the years and you can see the periods

Speaker:

where you've sort of started to drift apart. And it's mainly

Speaker:

around money, unfortunately. Because

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as I've gotten more successful and accumulated more wealth and more properties and

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cars and all those sort of fun things, now he has

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not. But he could have.

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He could have done exactly the same types of things that

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I've done, but for whatever reason, just chose not

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to do those things. And sadly, the

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relationship has just gotten a little bit separated. Because

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the things that I want to talk about, It's

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actually painful, I think, for him to listen to, to be

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honest. Because he doesn't want to hear about how I just bought another

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commercial property or how I'm buying another new car or whatever. He doesn't want to know

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about that shit because it's a reminder of the

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things that he actually would like to do but hasn't. And

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so, the conversations that I have with him now, I

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don't tell him anything about the success, the

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house, whatever. I just leave it off and just keep it

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very, very general. But

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that's what's so good about joining these groups because you

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can start talking about all the things that you

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love to talk about, whether it's crypto, it's investing, buying

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properties, and you want to surround yourself with people who

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celebrate your success. I just went

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into a friend of mine, literally today, and

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I said, what is that on your wrist? And

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you know what he had? A brand new Rolex.

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I was like, wow, that's incredible. Absolutely incredible. And

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I was genuinely happy for him, right? This is

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a multiple five-figure watch. you

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know, I was there celebrating with him. I'm like high-fiving

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this guy because I know what it's taken. Now,

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also knowing his backstory as well, I know what it's taken for

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him to get there. Like, in his life, it has not been simple. It doesn't just get handed

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to him. He's had to work extremely hard. And it's just

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one of those One of those items that sort

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of just says, yeah, I've made it. It doesn't make you a better person or

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anything, but it's just a little bit of icing on the cake, I

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think, to say, yeah, I've worked really hard. I've

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now bought something that most people don't get to buy.

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And I was really, really happy for him. Those are

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the types of people that I like to surround myself with,

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those who are successful, who do well, happy to show their

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success because I'm happy for them too. You know, sometimes you can be,

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you're on a mission, right? You're on your own mission to

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succeed, and you find

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that the people that you're talking to are not on

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your side, right? They're not happy for you. And

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I hate to say this, but

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those are the people that you have to let

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go out of your life. Now, I don't mean if

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it's your parents, you know, you never talk to them ever again or, you know, family

Speaker:

members and things like that. Friends, obviously, friends

Speaker:

are much easier to let go because they're not family. And

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what I mean is you maybe just distance yourself from them because you don't want to be having phone

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calls with these people and they're negative. Right,

Speaker:

there's nothing worse than having negative people. Here's an example. You

Speaker:

bring up a friend, you tell them that you've just started doing this Amazon training

Speaker:

program, and they're like, oh, you know,

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I think it's a scam. Oh, I don't think that'll work. Oh,

Speaker:

you know, people can't make any money there. And

Speaker:

these types of negative thoughts start sitting in the back of your mind, and

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they give you doubt, right? And so it's

Speaker:

very easy for you then, because kind of in the back of your mind, you're

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almost looking for a way not to do it, because it's

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easier not to do it. And when someone tells you something

Speaker:

negative about the program or about that particular way

Speaker:

of making money, it's just easy to say, oh yeah, yep, you're right.

Speaker:

And particularly if it's just like, you know, an everyday, every week

Speaker:

thing, if it's a friend of yours or something, it's

Speaker:

just so easy to put doubt in your mind and then you can just easily give

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up. And you don't want that. Because you

Speaker:

want to be surrounded by people who are encouraging, who hold you

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to account, Right? But

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not negative. Not negative Nancys. I want to get

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rid of those people. People often talk about manifestation.

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I can't even say the word. Manifestation. And

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that is, I guess, like visualizing, writing down

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things that you hope to achieve in your life. And

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I can tell you, I was doing that for a long

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time. I'm talking years. I'm

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talking years. And one of the things I used to do, there's actually

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two things. The main one was I

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had a Grant Cardone 10X diary, and I followed that

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diary, and it had something like, you know, write down your goals or something like that. And

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I used to always, like daily, I'd write down the number

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I wanted per month, you know, it was like a, it started off at like $50,000 a month in

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sales, and then once I achieved that, I

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then had to move it up to the next thing. It was like $100,000 a month. And then I

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was like, wow, I'm thinking way too small here. I've really got

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to 10x this. So I literally went to a million dollars a month

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was my new goal. And then got

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to a million dollars a month and beyond. And

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it was just complete focus. Like, that was the number. That was the number. I want

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to achieve that. I want to achieve that. But I also wrote down just other things that

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I wanted. Like, you know, a new car. I think

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I had this Mercedes written down for a long time. The Mercedes C63

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AMG was a dream car. I really wanted one of those. I had that written down

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for years. Would have been... I can't

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remember the exact ones, but I think, like, new house would have been there. So I've achieved the

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new house. The new house on the hill with ocean views. But

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more than that, I wrote those down daily for

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years, and the thing is, why would you write them down like that? It's because it

Speaker:

keeps it in the top of your mind, it's the focus. Because

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if you lose focus, you

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kind of just forget where you're going. And the reason why you're

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doing it as well. Think about it now, I

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have to write down daily the things I need to do for the day. My

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mind gets sidetracked very easy. a

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course with social media because I'm on social media so much. I'm also looking

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at social media a lot and I can get sidetracked from the daily

Speaker:

tasks that I need to do to keep my business operating. So I have to write basically

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a checklist that I have to do. Do this, do this, do this. I

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find that I will waffle off

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somewhere in my mind and I literally have to come back to

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the diary and look at my list and go, oh yeah, that's what I'm doing. I've

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got to pay invoices or I've got to transfer money or I've got to do

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some Amazon photos or whatever it is, right? I

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actually have to have that there. Otherwise, if I'd looked down and there was nothing there, I'd

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be like, oh. What was I doing again? So

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even I need to remain focused. And that's exactly what

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the manifestation thing does. It keeps you focused every

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day on, I'm trying to achieve this. I'm trying to, I'm working towards

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this. This is what I'm doing. I highly

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recommend you do it. I even went further than that.

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And I had a picture of this exact car on my whiteboard.

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I'd photocopied a picture I put on the whiteboard. for

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years and that was the car I wanted to get. I even

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at one point had one of those visual boards

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like the like the dream board I guess you would call it and I had the house and

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the and the Porsche and something something right. I

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honestly think they work but clearly you can't just

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have the board there and then just like go and sit on the couch. You've

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got to start taking action so I think if you if you Aim

Speaker:

for the things that you want. You write them down. You maybe put them on a visual

Speaker:

board. That may help you as well. But then it's like, okay,

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cool. I want those things. Now, what do I need to do to

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get those things? And if you want those things badly enough, you'll

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take action. And that might mean getting

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a coach. It might even just be something simple like

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going to YouTube and researching how to sell on

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Amazon. That literally could be it. right?

Speaker:

Dip your toe into the water. You could even

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come and join my Amazon Ecom Secrets program right now,

Speaker:

which would allow you to dip your toe in the water by

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getting a product live on Amazon within like five hours, which

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is, I must say, probably an amazing feat. Because

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then even if you tried it, you got a product live on

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Amazon, It would cost you probably like $20 to do

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that, and then you can just see if that's what

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you want. You might go through that process and then think, Amazon's

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not for me, which is fine, but at least you've only done it with like minimal

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money rather than shelling out thousands and thousands of dollars in

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stock to only realize that it's something that you didn't want to do. So that could be something

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for you. Find the link around this video somewhere if you want to do that. But

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obviously, there's lots of free things you can do, including going through my

Speaker:

own free content on Instagram, on

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TikTok, on YouTube. There is zero

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barrier to entry to go and check out all those videos. Yeah,

Speaker:

and I give away so much gold in those videos as well. You should go and check them out. And

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if there's something that you need me to talk about that I didn't talk about, write

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me a comment, let me know what you want to hear. Yeah, happy to do

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a new video on something that might interest you. One thing I realized when

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I became a multi-millionaire was

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that there's just way more

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levels to achieve. I kind of thought by

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becoming a multi-millionaire that all the problems would

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be solved. I'd be happy and

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don't get me wrong, I'm much happier now with

Speaker:

the problems that I have than when I was broke with

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the problems that I had. I'd rather have problems when

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I'm richer than when I'm broker. That is for sure. It

Speaker:

makes it a lot easier. But it just becomes different problems.

Speaker:

For example, I don't have to worry about electricity prices.

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I don't have to worry about petrol prices, food

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prices. If I want to go to the supermarket and

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buy the best premium steak and I just buy it, I don't even care.

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You know, same with restaurants, right? I just, whatever I want,

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I just, you just order. So there's that level of, you

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don't have to worry about, but then when you get to,

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if, as you get richer, you also generally, you

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increase your living expenses. So now I

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have, oh, I think I've got like seven

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cars, two of which are just

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daily cars, including the Mercedes is a daily car. But

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then I built out this, you know, I bought out a Subaru WRX

Speaker:

car collection, which is like five at the moment. Now, it's

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not that I can't afford them. It's

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just that they become this more things to do, right? So

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I've really just put more things on my plate because then I have to like get

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five lots of servicing on those cars. Well, if you think about all the cars, I've got

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to get seven lots of servicing every year. Seven

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lots of red Joes. With the Subarus, half of

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them are older cars. So like every year you've got to get

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the bloody road worthy certificate done. It

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just becomes a pain to be honest. Um,

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you know, so yeah, so there's, and there's like

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seven lots of car problems, right? It's

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like right now I've got this beautiful home, and

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it just seems like every week there's something needs

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fixing. The plaster's not right, there's something, you know,

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but I'm also like building out a new shed, so the shed, then the electricity didn't

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work properly, so I get the electrician to come back, and then the toilet blocked

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up for some reason, so I've got to get the plumber to come out. It's just problems, it's

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like, I'm like, Jesus, I need like a full-time, like

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a PA just to manage, the tradespeople that

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are coming to the house. And then she can manage all the

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cars as well. And then, of course, you get... I've

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also bought out more properties as well. So then you've got not

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so much tenants to deal with. I have a property manager that does that. But

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it's like you just get more bills coming through. So those bills then take

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more time because then you've got to think about... Land tax is

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a new one that I've had to start thinking about lately, which is

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the most ridiculous tax. Then, of course, it's multiple... body

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corporates, if you're in a body corporate. It's

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just lots of things. And I will say, it's

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all first world problems. These are not

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really problems. There's people in Australia

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right now who can't even put a roof over their head because the government's brought

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in so many people as immigrants. who,

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from what I hear, aren't even contributing to society but taking up all

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the housing. So the citizens of this country now can't

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even afford to get into a house. Which I think

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is an absolute disgrace on

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this current Labor-Federal government. A

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disgrace. They're spending so much money on

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crap without even thinking about the citizens of Australia. And

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so that's my two cents of political content for today. So

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ultimately, what I'm saying is there's people doing it really, really tough in Australia.

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I'm not complaining. I'm just telling you some of the things that... that

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comes onto your plate as you start to get wealthier and you accumulate more things.

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I could flip it around for sure. I could just sell off everything, just have just Bitcoin

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only, which doesn't require really any maintenance at all, and

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that's it. Don't have to worry about the car regos, don't worry about insurances,

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nothing. But of course, that's the life that I've chosen to lead because I'm

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also trying to build my wealth. And back to the original

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statement, which is, The more

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wealthier you get, the more assets you buy, there's

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always just a whole nother level of wealth

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that you think you need to get to. And all

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of a sudden you think, well actually I don't even have money. Because what you also realize is

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even when you become a multi-millionaire, you're kind

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of at the bottom. You might be in

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the top 1%. I'm in the top 1% of income earners in Australia.

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but I'm at the very bottom of the 1%. And

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that is somewhat humbling. So much to achieve. All

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right guys, I think that's gonna be enough for today as

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I share you my thoughts, but I really do hope you guys push

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your mind, get educated, get mentoring. get

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into courses, whatever it is that can help you achieve and

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get to the next level, and at least get out of the nine to five matrix, or

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if you're in the business matrix, get out of the business matrix. and

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get to the total financial freedom level. Thanks for

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tuning into Amazon Ecom Secrets. If you enjoyed

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this episode, the best way to show your support is to give

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a five-star review on Apple Podcast and Spotify, and

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make sure to subscribe on YouTube so you don't miss an episode.

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You can also find more at I'm Matthew Fraser

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on all social media platforms. Thanks so much. Take