fbpx
Connect with us

Executive Voice

How Matt Morris Went From $750,000 in Debt, to Earning Over $10 Million

Many people view debt as a place of no return. Just by looking at the American household; the debt hit a record of $13.21 trillion in 2018. That number will make anyone reading it uneasy. The fact is, debt consumes people in this modern-day age. So many people have debt and understand that it’s a chore to pay off if they even get to pay it off. What separates this story from the rest is that $750,000 in debt is a lot more than the average $38,000 in personal debt.

In fact, very few people not only have that amount of debt – but even fewer come back from it and then go on to earn $10 Million from their endeavors. 

Now the question becomes – who had that much in debt and how in the world did he go from that low to surpassing over $10M.

In this article I’ve interviewed Matt Morris who’s a ten-time bestselling author, founder of Success Publishing where he has helped over 150 people become bestselling authors and has been interviewed nationally and internationally on Television and Radio and has been seen on major media networks such as ABC, CBS, NBC, Fox News, and CNN.

I interviewed him to see just how he went from almost a million in debt to earning over $10M.

Being Bigger Than the Debt

As cliche as it may sound, many people feel they can never come back from debt because it seems overwhelming. Any obstacle can feel overwhelming but it’s our power to make ourselves bigger than the obstacle that allows us to truly thrive when we feel we’re in a rut. 

The very first step to overcoming such a huge obstacle is to become a bigger person than the size of the debt. For example, when Matt Morris was 21 years old he was $30,000 in debt. At the time, as a young adult, it took him 4 years to pay it off because the debt was bigger than his mindset. 

At the age of 32, when he was $750,000 in debt, he had grown so much as a person, leader and as an entrepreneur, he knew the debt was just a number. So he locked it in his mind that he would easily pay that off and earn more than he ever had before. 

When you use manifestation just as Matt did, it can be powerful personally and professionally.

Choosing the Right Financial Vehicle

Now that you come from a place where you understand the debt is just a number, it’s not holding you down and in fact is forcing you to become a bigger person than yourself, the next thing you need to do is lead with the right financial vehicle that gives you the opportunity to pay the debt off. 

Manifestation is only powerful when the decision is made and the actions are taken to accomplish your end goal. For example, Matt Morris understood from his previous businesses that if you want to have huge success, it requires a major investment of time and energy. 

He states “If you’re going to work hard at something, it better be a labor of love.” 

In fact, he wanted to live by James Michener’s famous quote; The master in the art of living makes little distinction between his work and his play, his labor and his leisure, his mind and his body, his education and his recreation, his love and his religion. He hardly knows which is which. He simply pursues his vision of excellence at whatever he does, leaving others to decide whether he is working or playing.”

Being Committed to the Vision

One of the most important things about this entire piece is that in order for Matt to achieve his goal of paying off his debt entirely, he needed to assemble the right leadership team to get everyone’s visions aligned to grow a global sales team that together makes a major impact in the world together.

Once you and your people are on a mission, they move with purpose. Matt moved as if his life depended on it and because of that – it was easier to accomplish. 

Now not everyone will have a story of getting out of debt, but if you’re looking to accomplish the same feat, you need to have the right business vehicle, you need to take massive action and you need to build a team with the right culture.

Since then he’s built the #1 largest travel club in the world generating over 1 million customers and generating approximately $3 billion in sales.

Ulyses Osuna has made his own unique advances to traditional PR-marketing activities to help his public relations endeavors succeed. He is one of six founders to be featured in an Inc Magazine article on "Millennials with a Thriving Business" and has also been featured in the Huffington Post as a 19-Year-Old dominating the PR space.

Advertisement
Comments

Join Disrupt Magazine

Become A Disrupt Contributor

Most Disruptive

Executive Voice2 months ago

Kerwin Rae Shares How He Has Helped Over 100,000 Entrepreneurs Succeed and Grow

Kerwin Rae is Australia’s leading business strategist and high performance specialist helping over 100,000 businesses, in 154 different industries, throughout 11...

Politics3 months ago

Brock Pierce Wants To Disrupt The Two Party System And Be Your Next President

We don’t usually cover politics much here at Disrupt, but when Crypto billionaire and friend of the show, Brock Pierce...

Business5 months ago

John Mcafee – Predictions For The Future

John McAfee is a world-famous tech CEO, computer scientist, civil disobedience activist, privacy advocate, and pioneer of the commercial anti-virus...

Finance6 months ago

Gaby Wall Street – Teaching Latinas to Thrive During The Crisis

It’s no secret we are facing one of the most challenging financial times of the last few decades as we...

Entrepreneurship6 months ago

Tony Delgado – The #1 Entrepreneurship Movement In Puerto Rico

Puerto Rican online market is in constant progress. With many entrepreneurs who are coming here to start a business, it...

Entrepreneurship8 months ago

Elena Cardone – The 10X Ladies Conference Is Declaring 2020 The Decade For Women

The next ten years are meant for women to continue growing their potential and succeeding in multiple areas, including business....

Marketing1 year ago

How Josh Elizetxe Built Snow Into a $40 Million Dollar Business

There is nothing quite like an entrepreneur’s determination when starting a business. That’s my original quote by the way (pun...

Entrepreneurship1 year ago

How Jason Capital Became A Self Made Millionaire By 24

Have you ever wanted to earn the respect of everyone who ever looked down on you at some point in...

Entrepreneurship1 year ago

Sam Bakhtiar On His Way To A Quarter Billion

Dr. Saman Bakhtiar, who prefers being referred as Sam, lives in an 8200 square foot $5.2 million house, Sam is...

Trending

Copyright © 2020 Disrupt Magazine

The Disrupt Magazine & Podcast tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.