We're pretty sure that you know Newt Gingrich wanted to be President of the United States.

We're also pretty sure that you know Newt ran his campaign (and his own personal finances) into the ground in his quest for the Republican nomination.

But, we bet you didn't know that Newt thinks his experience is something that can be beneficial to others who also want to be POTUS.

On Sunday, he shared some wisdom that he'd gleamed from his failed run with up-and-coming Democrat Martin O'Malley on "Meet the Press." Martin is the governor of Maryland and the current chairman of the Democratic Governors Association.

Here are those amazing pearls of wisdom that Newt was kind enough to share with Martin, and us:

• Have a bunch of money. No, seriously, Newt flat out told Martin to "raise a lot of money." He then added: "It's the entry-level problem. You've got to be prepared." Personally, we think we think he should have added and "don't spend money you don't have."
• Learn to love living on the road. According to Newt, the shocking truth is that if you want convince Americans that you want to be President you have to travel around and, you know, like talk to a lot of them face-to-face. Instead of sitting at home and posting to your blog or pontificating in a TV studio. "Understand you'll spend two or three years on the road," Newt said.
• Be tough or get out. "This has been a brutal, tough process at least since 1800," Newt explained to Martin. "If you're not tough enough to get the presidency, you're not tough enough to be president."
• Talk to Mark Warner. Newt thinks the best person with which to talk before deciding to run for POTUS is this former Virginia governor and now senator. "Mark Warner's a great guy to talk to because he went out, he looked at it a lot, and he came back and ran for the Senate," Newt explained.

In the end, Martin shot Newt down and told him, "I haven't even thought that far. I'm focused on what I'm doing right now, which is doing everything in my power to help elect Democratic governors."

Ha! That line is such a "thanks for the advice, but I don't need it."

We like Gov. O'Malley even more now!