In a world filled with technological accessibility, where any person can tap into the power of billions of individuals across the planet in moments through viral mediums such as video and social media, there is no shortage of online soothsayers and so-called click-millionaires willing to dole out advice on the secrets of success, extolling how to get rich or make tremendous amounts of money online.
Yet, seldom is it that we come across an individual so humble and so acclaimed that a pin could drop when they are speaking about concepts like success and generating large amounts of income. No, today, internet marketers (IMs) fill the voids of cyberspace, spewing their supposed secrets to success, claiming how they simply figured it out and you could too by putting in just a little bit of effort for a tremendous return.
They speak next to exotic cars they don’t own or in front of glitzy mansions that were rented for the day as they convey a small teaser and a taste of a lifestyle that involves the freedom to travel the world and spend money at will, and that you can experience if you simply listen to their advice. These smoke-and-mirrors online marketers do their best to sell you a dream that easily evaporates like a plume of digital smoke once the buyer comes to the realization that their efforts are going to be far more involved than first portrayed.
Yes, there are many people that claim to know the secrets to success. There are many that claim to hold the keys to the proverbial kingdom of riches, where a world of opulence and decadence await individuals that dare to enter. But these IMs that try to sell you a dream have fuzzy pasts where they speak about multi-million dollar businesses they built up while offering up little more evidence than that.
Not Ferrari Collector David Lee. This is a social media influencer who has amassed an obscene amount of wealth over the years. As the son of an immigrant who swam across shark-invested waters from China to Hong Kong in the dead of night at the age of 13-years old, he knows a thing or two about humility. For much of his adult life, he lived a quiet existence until his recent fame on Instagram as one of the world’s foremost collectors of Ferraris.
Every IM and online-dream-peddler pales in comparison to the one individual in Southern California who has attained far more than many could even fathom. This is an individual who would have otherwise been unknown to a large part of the world had it not been for social media. Ferrari Collector David Lee commands a vast fortune as the chairman of the Hing Wa Lee Group, a company that is so far entrenched in business, real estate and retail investments on several continents, that I knew I needed to go straight to the source.
Lee allowed me to step into his life and step into his mind, giving me a glimpse of the lifestyle and the mindset that has helped him to garner such unbelievable wealth and attain such a massive fortune. As I walked into his sunken garage, footsteps echoing in the fortified structure leading to every warm-blooded male’s dream, tucked away and hidden from plain sight, protected by 24-hour armed guards, I thought about all the IMs and other Insta-famous individuals that post photos of their exotic cars online and try to tout the secrets to success in life.
I emerged and stood there in a room drenched in light, reflected by the glittering gull-winged and vintage Ferraris that filled the room. Bright yellows, reflective blacks and deep-crimson reds that personify the Ferrari brand were almost casually represented in a room filled with over $50 million dollars worth of sought-after vehicles. But this was no casual garage. Each of the cars represented another age and era in the iconic Ferrari brand’s history, each of them outrageously expensive in their own right.
I knew that the secrets to success in life, advice that people had used since the dawn of time to attain wealth, would surely come from a man whose garage was filled with so much opulence that it plagues and boggles the mind. However, these aren’t cars that were out of reach or difficult to attain for Lee. This garage was built on an almost unfathomable amount of passive income, generated through years of devotion to his craft.
What Are The Secrets To Success In Life?
Opening the door to one of my all-time favorite Ferraris, merely one of the many cars that filled the room, valued at an eye-watering $5 million, I slipped into Lee’s LaFerrari, inserted the key, and pressed the ignition. The sound of over 949 roaring hybrid horses filled the sunken stable. Lee, looked on, clearly with an element of glee, as he likely has countless other times with others that have born witness to this obscene personification of the American Dream right before their very eyes.
However, this wasn’t some off-the-cuff meetup. I had come to investigate and learn from a master, someone who often shells out advice on his popular Instagram channel on how to work hard and attain the proverbial dream that he was a clear representative of. I wanted to learn the secrets of success from a man who is often so humble and so mindful that it simply tantalizes the mind and skews the spirit.
Yes, Ferrari Collector David Lee is a man who understands the secrets to success. But how much of these are actually secrets? How much of these are actually hidden from plain sight, only available to the world’s elite or some infamous Illuminati that have been provided with the secrets to success that others have simply been kept in the dark about? No. I would argue that these secrets to success aren’t actually secrets whatsoever.
This is advice from the ages that has been so widely wielded by the rich and ignored by the poor that it simply goes unnoticed to most, lost in a sea of technological noise that fills the space of our digital lives, distracting us from achieving our goals and realizing our dreams. So I felt it was my duty to convey Lee’s secrets to success in life so that others out there could discover how they could make money online or otherwise and to eventually live a life replete with leisure.
#1 — Be Acutely Aware Of Your Spending
Coming from someone who has amassed such a vast fortune, this advice might seem counter-intuitive to most. In a world filled with one-percenters who personify wealth in every medium, it might come as an odd secret to success to be mindful of your spending. However, the rich did not get rich by spending their money. No. Instead, they focused on living fiscally-lean lives, being mindful of the hard-earned dollars that were going out the door.
This piece of advice also means that you need to live well within your means. Don’t exist paycheck-to-paycheck or buy expensive homes or cars that you know you can’t afford. That should come only when your income can justify your expenses. Not before. If you’re mindful of your spending, then you’re mindful of every single red cent that you spend. Nothing should go unnoticed or unchecked when trying to exit this rat race we call life.
#2 — Time Is More Valuable Than Money
The second secret to success that I garnered from Ferrari Collector David Lee is that time is more valuable than money. If you focus on passive-income-producing ideas and activities first, then you won’t have to rely on an active income your entire life. That means, if you stop working or something happens to you, you’re not left in a position where you can’t generate money to pay your monthly bills.
We’ve heard all the stories about rich investment bankers and doctors or lawyers that make a tremendous amount of money every year, but live outside of their means. When the money dries up, so does the lifestyle. You don’t want to find yourself in that position. Focus on passive income and become like a detective, learning how to generate cash that will afford you with the lifestyle to travel or live according to your own rules, and not someone else’s.
#3 — Invest In Real Estate Every Chance You Get
To date, real estate has created the most amount of wealth than any other line of work. It dates back to the origins of modern society. The truth is that people will always need a place to live. No matter if we’re in a real estate bubble or not, you should invest in real estate every chance you get. Lee has always believed in real estate investing and has invested constantly in properties since he can remember.
To date, he has amassed a vast $350 million portfolio of real estate that generates a passive income that is almost unbelievable. It was this primary secret to success that afforded him the opportunity to earn more money and create more income-producing assets than he could have done had he not invested in real estate. This also means that you should own the roof over your head, no matter what it takes. Never pay someone else’s mortgage regardless of what it involves to achieve this goal.
#4 — Follow The Three Golden Rules
Ferrari Collector David Lee is always touting his three golden rules on Instagram. These are part of his secrets to success, things he has always done his entire life as they’ve been ingrained in his mind by his late father. For those that don’t follow him on Instagram, Lee’s three golden rules are to 1) work hard, 2) work with integrity, and 3) work with perseverance. These apply across the board no matter what industry or job you might be in.
He conveyed countless stories to me and just how they were applicable to these three golden rules. Some were stories about competitors that cut corners or tried to take shortcuts, attempting to sabotage his business. However, Lee always stayed the course. He put his head down and worked hard, for years and years, he was the first one in the door and the last one to leave. Not many people operate or think like this.
#5 — Mind Your Own Business
The final secret to success conveyed to me by Ferrari Collector David Lee was to mind your own business. Meaning? Don’t work for someone else. No matter what you do, and no matter how little you might earn from doing it, you should mind your own business. Start your company by incorporating your own business and then minding that business. Work for yourself and slowly build up your empire.
Clearly, if you’re living paycheck to paycheck, that might not be possible for you today. But that also might mean that you need a complete money makeover, along with the necessity to eliminate every extraneous expenses possible. For the most part, you can’t get rich in life by working for someone else. You need to start your own business and then work tirelessly at that business, and do what it takes to slowly grow it over time. Don’t constantly jump ship from one thing to the next if you expect to get rich or succeed to any degree.