A MULTI-MILLIONAIRE dished out his pearls of wisdom to help the rest of us achieve the heady heights of wealth he is currently enjoying.
The unnamed gent went to several prestigious universities in the States and then worked in finance for 15 years before starting his own (successful) company.
He offered to answer any question thrown at him through a Reddit thread, where fellow forum users mined him for valuable information.
One person asked: "Whats the biggest mistake you see young people make over and over?
"Basically, if you have (had) a son/daughter that you wanted to leave with one piece of advice, what would it be?"
The multi-millionaire replied: "I see them failing to broaden their horizons.
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"18 year olds are unlikely to even know what sorts of jobs are available, or what they entail, but a lot of young people just stick with whatever they put on the form when they were a freshman.
"It's especially problematic, because a lot of subjects are tedious at the introductory levels, but fascinating once you get past that.
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"And I see the same thing happen with cultures, where a lot of people are very non-adventurous with both their socialisation and their travels, and they miss a lot of opportunities there."
The businessman stressed the importance of meeting new people for your professional success.
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He said: "Networking is crucial, but most of it really consists of being a decently agreeable person, and then doing good work.
"If your company is known to do good work, you'll routinely have people calling you up saying: 'Fred tells me that you're the person to talk to about X', and having them call you first is a huge advantage."
He also shared his top tips for those starting out – and they were very simple.
He said: "Waste less time.
"I don't mean 'work 90 hours a week' when I say that… I mean don't spend time doing things that bring you only meagre pleasure and/or betterment.
"If you're spending money, think about it in terms of how hard you had to work to get that money.
"Going to see your favourite band play live might be worth slaving away for eight hours… but is premium cable worth that much?
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"Finally, be reliable and trustworthy.
"I really think that most of my success comes down to the fact that I've always tried to be exceptionally reliable, even about unimportant things, and I'm honest even if it means admitting to a brutal failure."
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