Businessman worth hundreds of millions of dollars reveals his eight tips for ...

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The co-founder of a company worth an estimated $1billion has given his eight tips for getting rich and having career success.

Fred Schebesta, the chief executive of financial products comparison website finder.com.au, said delaying some luxuries and spending time wisely was essential for attaining prosperity.

'While there are circumstances that hit you in life that you can't avoid, many people are stuck in a financial rut because they don't sacrifice in the short-term for a long-term gain,' he told Daily Mail Australia. 

The co-founder of a company worth an estimated $1billion has given his seven tips for getting rich. Fred Schebesta, the chief executive of financial products comparison website finder.com.au, said forgoing some luxuries was essential for attaining prosperity

The co-founder of a company worth an estimated $1billion has given his seven tips for getting rich. Fred Schebesta, the chief executive of financial products comparison website finder.com.au, said forgoing some luxuries was essential for attaining prosperity

The former Pizza Hut call centre worker, who became a millionaire at age 30, said controlling spending needed to be a top priority.

'There are excuses, justification, living beyond your means, and not realising where your money is going,' he said.

Beyond that, the 38-year-old head of a company that operates in 83 countries and employs 350 people, has eight key tips for success.

'I believe in a few simple strategies that have helped me stay focused on my long-term goals and the best part is that they help you become successful in business, in your job and in your personal life,' he said.

'To really move yourself out of a financial rut, you need to ask yourself what are you willing to give up today to benefit later?'

1. Start with your goals

Mr Schebesta, who started a business as a 20-year-old university student in 2001, said his journey to financial success started with a pen and paper.

'Take a piece of paper and write down your goals,' he said. 

'Then draw a line down the middle on the paper. 

Mr Schebesta, who runs a company with 350 employees, said his journey to financial success started with a pen and paper

Mr Schebesta, who runs a company with 350 employees, said his journey to financial success started with a pen and paper

'On the left side write down five things if you stop doing them it would improve your life. 

'And on the right side write five things to start doing. This is how to accelerate your life.'

2. What's your superpower?

Bestselling American self-help author Tom Rath lives by the maxim that those who spend their life trying to be good at everything will never be great at anything.

Mr Schebesta said this was a call to 'focus on your strengths not your weaknesses'.

'What are you really good at? Once you have identified these, build on these skills and make them a habitual part of your life,' he said.

'This will give you more velocity to drive yourself forward.'

3. Define your purpose

Having a purpose in life was essential for focus and being a leader.

'Your purpose will drive not only how you interact with other people but also with yourself,' he said.

Bestselling American self-help author Tom Rath lives by the maxim that those who spend their life trying to be good at everything will never be great at anything. Mr Schebesta said this was a call to 'focus on your strengths not your weaknesses'

Bestselling American self-help author Tom Rath lives by the maxim that those who spend their life trying to be good at everything will never be great at anything. Mr Schebesta said this was a call to 'focus on your strengths not

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