The Top Challenges of Millionaires
I have over five years’ experience working with wealthy individuals and know how difficult being a high earner can be
Singer and songwriter Justin Bieber is renting a £108,000-a-month mansion in London. He could easily retire comfortably at the age of 22, however he continues to work and perform around the world. Despite his growing success, he may face the same challenges experienced by many high income earners.
Mayfair-based life coach and author Michael Serwa has transformed the lives of some of the world’s highest-earning individuals and explains how being super-rich can come with its challenges. The high-end coach is one of the most successful in the UK and is known for his straightforward approach in the world of personal development.
Michael Serwa has worked with a range of clients including bankers, lawyers, musicians, celebrities and CEOs of multi-billion pound corporations. He encourages individuals to leave their comfort zones and progress to the next level of their lives by identifying the barriers which are holding them back.
He has identified the challenges high income earners face on a daily basis. Michael explains, “I have over five years’ experience working with wealthy individuals and know how difficult being a high earner can be. People expect you to be happy, and often you’re just not. You wish others would understand that just because you have something they want it doesn’t mean you feel the same. High earners have a hunger to go further. It’s difficult to express this without sounding ungrateful for what you’ve got. You need someone who won’t tell you to be grateful for what you have, but instead encourage you to pace yourself and achieve something you haven’t accomplished yet.
“You feel you have achieved so much compared to others, but so little compared to what you want to achieve. People could view you as a champion, whereas you still see yourself running the race. Your mentality to achieve more and go further has got you to where you are now. It will also get you to where you want to go. Some people may not comprehend that you want to go further and think you should be happy with what you have, but they don’t know your ultimate goal. You need the support of someone who doesn’t acknowledge the word ‘enough’.
“Everyone wants a piece of you. When you have become a success people will want to know your trade secrets, to receive your attention and become part of your network. It isn’t wrong to help others, however it can be time-consuming and you may have nothing new to show for it. The time you spend helping people, even if it’s only 10 – 15 minutes, adds up. Think about everything you could do instead. Time is a valuable resource and you need to invest it as you see fit.
“Your closest connections depend on you and worry if you show weakness. Nobody told you that being at the top meant you’d be watched intensely, especially by the ones who care about you most. Everyone expects you to be a strong, strategic, charming, money-making genius all of the time. You experience a high amount of expectation for you to deliver and if you don’t you reach those expectations you view it as a loss. An excellent and strategic coach’s priority is to make you act, feel and look like a champion – making you an expert at turning situations around in your favour.
“You made your money at the detriment of other areas in your life. Work-life balance is a goal. You feel that with everything you want to achieve, 24 hours hardly cuts it. You have to make choices between activities such as dinner with friends and preparation for a meeting. Maybe you sacrifice an hour at the gym for an hour planning to meet contacts. You then have no idea when you last saw your friends outside Facebook and a day off at the gym turns into a month. There is a way to manage it all. You need to have the right person to hold you accountable for what you choose to do or not to do. You need to feel good about all your decisions. If you don’t, it means there is room to improve, and you could probably do with someone to point it out.
“You’re spoilt for choice, but some of those choices could undo you. You may have the opportunities to do and buy what you want, but saying yes to everything could get you into trouble. Others see the opportunity to buy a luxury car, however you may see this as annoying the CEO and costing the company pay rises. The more choices you have in front of you, the more discerning you have to be. Making a decision that’s beneficial to yourself may upset others. You have to be careful when making these choices.
“Few people are insightful enough to talk to about your life. So it sounds like being successful is actually hard work. To others this may be a shock, but definitely not to you. You’ve made your decisions and know that it doesn’t stop there. It may not have been an easy journey to get where you are today and others may not realise this. Everyone needs someone, but you’re not like just everyone. That means your ‘someone’ can’t be just anyone either. You need someone who’s well-versed in the language of success, who understands its joys and its pains the way you do.
Michael Serwa is in the process of writing his second book following the success of his first. His first book ‘From Good To Amazing: No Bullshit Tips for The Life You Always Wanted’ is a collection of ‘top tips’ from different areas of personal development and assists readers in changing their lifestyles for the better. This received praise from best-selling authors and entrepreneurs including Daniel Priestley.
Useful Links:
Michael Serwa: http://michaelserwa.com
Michael Serwa’s book: http://michaelserwa.com/book/
Coaching programmes: http://michaelserwa.com/programmes/
LinkedIn: https://uk.linkedin.com/in/mserwa
Facebook: https://www.facebook.com/michaelserwa.profile
Twitter: https://twitter.com/M_Serwa
Youtube: https://www.youtube.com/user/michaelserwa
Ends
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About
Michael Serwa is a life coach living in Mayfair, London. He moved to London in 2005, travelling for 27 hours by bus because he couldn’t afford to buy a plane ticket. He has worked with over 400 men and women on a one-to-one basis and has spoken at over 250 events.
Through 10 years of personal development, Michael has eliminated all limiting beliefs.
He coaches a wide variety of individuals between the age of 20 and 60 that have a number of different professions, including:
•Architects
•Artists
•Bankers
•CEOs of multi-billion pound corporations
•Coaches
•Consultants
•Designers
•Doctors
•Lawyers
•Entrepreneurs
•Property developers
•Senior executives
•Traders
•Musicians
A variety of areas is covered by Michael, from love life, fitness and weight, to work-life balance and confidence.
He offers three, six, or twelve month coaching programmes.
Michael often introduces his clients to each other and hosts a number of social events such as dinners.
He is taking part in ‘The Coaching Movie’, the world’s first full-length coaching documentary, which is expected to release early 2017.
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