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Billionaire Boxer Floyd Mayweather Gives a Simple Tip to Build Generational Wealth

Published Mar 24, 2022 | 12:20 PM EDT

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The legendary Floyd Mayweather shares some serious advice with his fans. Mayweather is the unforbidden and one of the richest boxers in history. There is something that makes him capable of achieving this.

Likewise, he shared some of the ideology in his recent interview to crack the code of being successful.

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Floyd ‘Money’ Mayweather is looked upon as an idol for many youngsters. On the other side, his richness fascinates his fans.

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Advice by Floyd Mayweather

Mayweather shares advice to grow and build generational wealth in an interview with ‘SportIcon’. Furthermore, he suggested some do’s and don’t in his advice.

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“You know, it’s all about assets and liabilities. Are you an asset or are you a liability? If you’re a liability, then this is not the team for you and that’s the same thing that I want you to do.”

Mayweather explains the assets and liabilities a person can be. An asset is a person who is helpful to others and grows together. Whereas, a liability is a person who doesn’t fit in the group and needs to understand that he or she should move on.

Moreover, he added, “Keep you . . . keep a bunch of assets around you because liabilities put you in a position to be fighting an uphill battle and nobody wants to uphill battle”

He suggests keeping a bunch of assets together will help one prosper. On the other hand, if liability is with you, then you might struggle and also end up failing unnecessarily. Keeping a person as a liability is of no use, but it will cost a lot.

The success behind a legacy

Considered as ‘The Best Ever’, Mayweather is living a life that most people dream of, but very fewer people know his struggle behind this legacy.

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To achieve a billionaire lifestyle and be at the top of boxing for over two decades takes a lot of sacrifices, a strict regime, and a positive mindset.

His discipline and sheer hard work make him what he is today. And thus, a bit of advice from him is must follow to flourish.

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What is your take from Mayweather’s advice? Know us your views below in the comment section.

Written by:

Mohit More

229Articles

One take at a time

Mohit More is a graduate of the International Institute of Sports Management. He is a sports enthusiast and has a different perspective on boxing. At different levels, he has played boxing, cricket, and basketball.
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Edited by:

Pritam Priyedarshi