10 Perks of Being a Multi-Millionaire (2024)

The truth is I wasn’t born into money. I was born into a poor family. My Timothy Sykes Millionaire Challenge students have realized some of the greatest perks of having money. Here’s what you can also take advantage of if you succeed.

1. The Freedom to Go Anywhere

I don’t have to go anywhere at 8am on a Monday morning. I can work from home or I can work from my local Starbucks. And so can my millionaire students. It’s a big perk to be able to go anywhere whenever you want. That’s the basic example of what it is to be truly free.

2. Being Able to Splurge

I don’t advocate mindless spending. In fact, I advise against mindless spending. But sometimes it’s nice to splurge on those clothes, that restaurant meal, or that car. And being a multi-millionaire allows you to splurge responsibly.

3. Car Purchases are on a Whim

I recently purchased a brand new Lamborghini. I happen to love cars, but if I didn’t I could still buy it on a whim. You don’t need to take out a loan or worry about how you’re going to make the repayments.

4. Focus on What You Love

Working for someone you hate is something so many of us felt. Being a multi-millionaire means you’re the king of your world. You can do what you love and what you’re passionate about. It’s the key to a healthy life.

5. Travel Wherever You Want

World travel isn’t just for the rich, but you have more freedom to do it when you do have additional funding. I’ve travelled to 112 countries and counting. It’s a perk that so many of my millionaire students have also realized.

6. Time to Study

Ever wish you could learn another language or pick up a new skill? Most people don’t have the time when they get a full-time job. But the perk of being a multi-millionaire is that you now have that time. You can learn more and broaden your horizons.

7. Show a Good Time to Those You Love

There’s no greater pleasure than being able to treat my family and friends. It allows you to give back and show your appreciation for what they’ve done and how much they’ve supported you.

8. Start My Own Charity

As a multi-millionaire now I can really start to give back. I started my own charity to do this. The concept of corporate philanthropy is so important for the well-being of the community, and now I can join in with that.

9. Building Schools for the Underprivileged

Big projects like schools are well within my reach now. I can really give back, and so I’ve opened four schools in recent months. I’m now able to leave a lasting mark on my community and communities elsewhere.

10. I’ve Met My Heroes

Ultimately, I’ve being able to enter a previously closed off world and met my heroes. Recently two of my students were interviewed by Steve Harvey. He’s a legend to me, so getting to meet him was a moment I’ll never forget.

And by becoming a millionaire you can take advantage of all these perks too. But the longer you wait the less likely it is to happen, so get out there today!