JT Foxx: I'll make you the 'Manny Pacquiao of business'
MANILA, Philippines – The likes of Apple co-founder Steve Wozniak; actors Al Pacino, Arnold Schwarzenegger, and Sylvester Stallone; former New York City mayor Rudy Giuliani; former GE CEO Jack Welch; tycoon Donald Trump's son, Eric, and other famous personalities all have glowing testimonials for JT Foxx, dubbed as the "world's no. 1 wealth coach" – and he said so himself.
Foxx, one of the speakers in the "Masters of Wealth" event featuring Rich Dad, Poor Dad author Robert Kiyosaki, admitted that some people find him brash and shocking. But he added: "I've created more 'Entrepreneurs of the Year' than any other [wealth coach] in the world. All of you in this room today, I'll make you the 'Manny Pacquiao of business.'"
Foxx, speaking to attendees of the National Achievers 2015 Congress at the SMX Convention Center in Pasay City, said that Pacquiao is his hero, and that he is even willing to be punched by the Filipino boxing champ, who also happens to be the country's richest congressman.
So what does it take to be the 'Manny Pacquiao of business'?
Be fearless, focused
Foxx, who owns 59 companies and brands spanning the globe, said he made his first US$1 million when he was 24; his second million when he was 25; US$10 million when he turned 28; and US$100 million when turned 30. "I'm 34 now. And I'm single and I have American and Canadian passports," he said, and added that a Filipino wife would be great, to the audience's applause.
Foxx said he can tell just by looking at a person what goes on in his or her mind. He selected members of the audience and said that one is scared that if he leaves his job and gambles in business, he would have nothing left.
Another one was told he is too young and feels bothered that he is not being taken seriously.
A tandem of business partners was told they are concerned about scalability.
One more – suffering from analysis-paralysis.
"90% of the decisions you will make within 5 seconds – your gut – will be right. [And] in order to succeed, you need the right strategy, right system, right information, and the right coach," Foxx said.
Quoting Welch, he added, "If you don't have a competitive advantage, don't compete."
Foxx also stressed that people must get over their fear and become entrepreneurs themselves. "And you know what's your competitive advantage today? JT Foxx," he said, greeted with laughter and applause from the audience. "I'm here for you. I'm asking you to jump off the plane. And I'll be your parachute."
What's next after taking the leap? Foxx noted that it will take laser-sharp focus to succeed. "A lot of Filipinos have businesses. But they treat their businesses as jobs," he said. "[Declare] '2016 will be my year. I'll have my business in 2016.' If you have a business already, [I'll help] you bring it to the next level."
Foxx also believes more women should explore business opportunities. "If you can raise children, then raising a business is easier for you. You have faith, family, friends – and Foxx," he quipped.
He then asked the women in the audience to stand up, and said: "The top female entrepreneurs in this country will come from this room. I promise you that."
Get branded, be successful
Foxx, who promotes branding by association, like the glowing testimonials he earlier cited, said his work goes beyond individual and business branding needs. "I brand countries."
He's done extensive wealth coaching work in South Africa, and even cited that the family of late South African leader Nelson Mandela asked him to write a chapter for a new book about the anti-apartheid revolutionary.
As a brand himself, Foxx is also a media personality who previously hosted a radio program, and soon, his own TV show. A book is also coming out, while he contributes regularly to Forbes Africa, Real Estate Investor Magazine, Live Out Loud, and Prestige Magazine. He also engages in philanthropy, especially supporting children battling cancer and the organizations and hospitals taking care of them.
"[Your] network is [your] net worth. Who you are with is who you become," Foxx said.
And with all the testimonials and self-proclaimed achievements, Foxx said, "I'm not genius. I'm not smart. But when I see an opportunity, I take action. I produce results."
He added that his business model is powered by his clients' success. "The more you're successful here in the Philippines, the more successful I'm going to be," Foxx said.
Two Filipinos, Fernando and Peter (only first names cited), were brought on stage and they too shared how Foxx helped them become successful.
Fernando said he now has a restaurant in vacation haven Tagaytay, and another branch is opening soon. Peter, meanwhile, said his 7-Eleven franchises are continuously doing well, and he has added rental and condominium properties to his portfolio. They also cited the importance of introduction, not referral, as a tool when branding for association.
"But his (Foxx) training is not for everybody," Peter noted.
Saying he wants more Filipinos to succeed, Foxx offered discounted fees for his wealth coaching programs. A package originally priced P140,000 was offered to the first 100 members of the audience for P49,800.
"I'm the best-paid coach in the world. But I'm doing this (offering discounted training courses) because mahal ko kayo (I love you all)," he said. "I want to be known not as a billionaire. I want to be known as someone who helped people become millionaires. [And] I'll never, never, let this country down."
Another package, originally priced P1.4 million, was offered for P116,200, which includes one-on-one coaching with him that could run from 15 minutes to 5 hours depending on the need, plus his personal e-mail and cellphone number. "I'm the only speaker of this caliber that gives his personal email and cellphone [so you can reach me easily]," Foxx said.
"But my program [kit] is still with your Customs. No one told me about the Customs here," he quipped.
Foxx will be back in the Philippines on January 14 to 16, 2016 for another engagement. He repeatedly declared his love for the country and vowed, "I want the Philippines to be the best country in the world." – Rappler.com