-
The 5 Types Of Billionaires in 2021 - Levels Of Wealth
▶️ Invest With Me: https://www.patreon.com/proactivethinker
▶️ Get 4 FREE Stocks on WeBull (Deposit $100 and get 2 stocks valued up to $1600): https://act.webull.com/k/oMykVRLIfkHE/main
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▶️ Get 1 Free Audiobook: https://amzn.to/2uLLFjz
▶️ My premium Course - Unshakable Confidence: https://goo.gl/qyJFXg
▶️ My second channel: https://bit.ly/2zTTMNU
▶️ Merch: https://www.youtube.com/channel/UC5YKivGUTTQmhSuaXbxfZSg/store
▶️ Follow us on Instagram: https://goo.gl/vzBDdg
▶️ My editing software: https://www.adobe.com/?red=a
#investing #Stockmarket #money
published: 03 Jul 2020
-
"Paper Profits" and "Paper Wealth" Explained in One Minute: Realized vs. Unrealized Gains
Perhaps now more than ever, with equities going from euphoric highs to panic crashes and then dramatic recoveries, it makes sense to understand the concept of paper profits and paper wealth to use more colloquial expressions or to be more precise, the distinction between realized and unrealized gains.
To put it differently, one of the top mistakes investors/traders make is believing they're wealthier than they actually are due to the fact that at a certain point in time, certain assets or even their entire portfolio are doing great.
However, nothing is set in stone until you realize gains, which is something most people aren't exactly good at. Instead, they let paper profits/wealth trick them into thinking everything will be great and lead them to reckless decisions such as implement...
published: 11 Jun 2020
-
What is PAPER WEALTH? What does PAPER WEALTH mean? PAPER WEALTH meaning, definition & explanation
✪✪✪✪✪ http://www.theaudiopedia.com ✪✪✪✪✪
What is PAPER WEALTH? What does PAPER WEALTH mean? PAPER WEALTH meaning, definition & explanation
published: 06 Apr 2016
-
New Money: The Greatest Wealth Creation Event in History (2019) - Full Documentary
►►To learn more about Dr. Steve Sjuggerud’s favorite China investment recommendations right now, go here to get his free investment report http://newmoneymovie.com/invest
Why is one misunderstood nation now the source of more millionaires and billionaires than anywhere else on earth? And why does America’s mainstream press ignore this story? Join entrepreneur and legendary investor Steve Sjuggerud, as he explores this mysterious place, and explains how it now offers what he calls: “The Greatest Moneymaking Opportunity of Our Lifetimes.”
published: 30 Jul 2019
-
4 Assets That Make You Rich | Robert Kiyosaki | Success Resources
Wondering which assets to invest that could help you to get rich? Learn different ways of wealth building with Robert Kiyosaki 👉 https://sr-event.com/wealth-yt
Most people being asked to study hard at school and get a high-paid job when they came out into society. But one thing is that schools never teach about Financial Education. You could probably go into trouble when you get fired and you don't know how to make money with all the assets you have.
According to Robert Kiyosaki, academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them. Robert Kiyosaki is many things: an author of self-help books, an investor, a businessman, as well as a motivational speaker. Robert is best known as the bestselling author of a se...
published: 17 Feb 2017
-
The Untold Truth About Money: How to Build Wealth From Nothing.
There is an untold truth about money – an actual equation that allows you to build wealth from nothing.
It’s an equation that is hardly taught in schools if at all, and is often overlooked by those who are trying to get rich, or achieve their dreams of “financial freedom”.
In this video, we’ll take a look at exactly what that equation is.
******
► Become a Patron for behind the scenes, Q&A's, and editing tutorials: https://www.patreon.com/jamesvj
💻Where I began Learning How to Edit + Other Clases (Skillshare)
► https://skillshare.eqcm.net/Kr3Yn
📦 Download my Video Editing Templates:
► https://www.jamesjani.com/shop/
📹 My Equipment:
►https://bit.ly/2OfHCTO
🎶 Where I Get My Music:
►Epidemic Sounds - https://www.epidemicsound.com/referral/5uqnji
► Artlist - https://artlist.io/artl...
published: 16 Apr 2020
11:40
The 5 Types Of Billionaires in 2021 - Levels Of Wealth
▶️ Invest With Me: https://www.patreon.com/proactivethinker
▶️ Get 4 FREE Stocks on WeBull (Deposit $100 and get 2 stocks valued up to $1600): https://act.webul...
▶️ Invest With Me: https://www.patreon.com/proactivethinker
▶️ Get 4 FREE Stocks on WeBull (Deposit $100 and get 2 stocks valued up to $1600): https://act.webull.com/k/oMykVRLIfkHE/main
▶️ Get 14 Days Free Trial Of Skillshare Premium: https://skillshare.eqcm.net/proactive-thinker
▶️ Get 1 Free Audiobook: https://amzn.to/2uLLFjz
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▶️ My second channel: https://bit.ly/2zTTMNU
▶️ Merch: https://www.youtube.com/channel/UC5YKivGUTTQmhSuaXbxfZSg/store
▶️ Follow us on Instagram: https://goo.gl/vzBDdg
▶️ My editing software: https://www.adobe.com/?red=a
#investing #Stockmarket #money
https://wn.com/The_5_Types_Of_Billionaires_In_2021_Levels_Of_Wealth
▶️ Invest With Me: https://www.patreon.com/proactivethinker
▶️ Get 4 FREE Stocks on WeBull (Deposit $100 and get 2 stocks valued up to $1600): https://act.webull.com/k/oMykVRLIfkHE/main
▶️ Get 14 Days Free Trial Of Skillshare Premium: https://skillshare.eqcm.net/proactive-thinker
▶️ Get 1 Free Audiobook: https://amzn.to/2uLLFjz
▶️ My premium Course - Unshakable Confidence: https://goo.gl/qyJFXg
▶️ My second channel: https://bit.ly/2zTTMNU
▶️ Merch: https://www.youtube.com/channel/UC5YKivGUTTQmhSuaXbxfZSg/store
▶️ Follow us on Instagram: https://goo.gl/vzBDdg
▶️ My editing software: https://www.adobe.com/?red=a
#investing #Stockmarket #money
- published: 03 Jul 2020
- views: 110048
1:58
"Paper Profits" and "Paper Wealth" Explained in One Minute: Realized vs. Unrealized Gains
Perhaps now more than ever, with equities going from euphoric highs to panic crashes and then dramatic recoveries, it makes sense to understand the concept of p...
Perhaps now more than ever, with equities going from euphoric highs to panic crashes and then dramatic recoveries, it makes sense to understand the concept of paper profits and paper wealth to use more colloquial expressions or to be more precise, the distinction between realized and unrealized gains.
To put it differently, one of the top mistakes investors/traders make is believing they're wealthier than they actually are due to the fact that at a certain point in time, certain assets or even their entire portfolio are doing great.
However, nothing is set in stone until you realize gains, which is something most people aren't exactly good at. Instead, they let paper profits/wealth trick them into thinking everything will be great and lead them to reckless decisions such as implementing lifestyle upgrades on the basis of this newly found wealth.
Don't do that... just don't.
Please understand that unrealized gains are misleading and stories involving investors or traders who thought they were invincible but ended up back where they started or worse unfortunately abound :(
https://wn.com/Paper_Profits_And_Paper_Wealth_Explained_In_One_Minute_Realized_Vs._Unrealized_Gains
Perhaps now more than ever, with equities going from euphoric highs to panic crashes and then dramatic recoveries, it makes sense to understand the concept of paper profits and paper wealth to use more colloquial expressions or to be more precise, the distinction between realized and unrealized gains.
To put it differently, one of the top mistakes investors/traders make is believing they're wealthier than they actually are due to the fact that at a certain point in time, certain assets or even their entire portfolio are doing great.
However, nothing is set in stone until you realize gains, which is something most people aren't exactly good at. Instead, they let paper profits/wealth trick them into thinking everything will be great and lead them to reckless decisions such as implementing lifestyle upgrades on the basis of this newly found wealth.
Don't do that... just don't.
Please understand that unrealized gains are misleading and stories involving investors or traders who thought they were invincible but ended up back where they started or worse unfortunately abound :(
- published: 11 Jun 2020
- views: 4786
1:55
What is PAPER WEALTH? What does PAPER WEALTH mean? PAPER WEALTH meaning, definition & explanation
✪✪✪✪✪ http://www.theaudiopedia.com ✪✪✪✪✪
What is PAPER WEALTH? What does PAPER WEALTH mean? PAPER WEALTH meaning, definition & explanation
✪✪✪✪✪ http://www.theaudiopedia.com ✪✪✪✪✪
What is PAPER WEALTH? What does PAPER WEALTH mean? PAPER WEALTH meaning, definition & explanation
https://wn.com/What_Is_Paper_Wealth_What_Does_Paper_Wealth_Mean_Paper_Wealth_Meaning,_Definition_Explanation
✪✪✪✪✪ http://www.theaudiopedia.com ✪✪✪✪✪
What is PAPER WEALTH? What does PAPER WEALTH mean? PAPER WEALTH meaning, definition & explanation
- published: 06 Apr 2016
- views: 257
1:12:05
New Money: The Greatest Wealth Creation Event in History (2019) - Full Documentary
►►To learn more about Dr. Steve Sjuggerud’s favorite China investment recommendations right now, go here to get his free investment report http://newmoneymovie....
►►To learn more about Dr. Steve Sjuggerud’s favorite China investment recommendations right now, go here to get his free investment report http://newmoneymovie.com/invest
Why is one misunderstood nation now the source of more millionaires and billionaires than anywhere else on earth? And why does America’s mainstream press ignore this story? Join entrepreneur and legendary investor Steve Sjuggerud, as he explores this mysterious place, and explains how it now offers what he calls: “The Greatest Moneymaking Opportunity of Our Lifetimes.”
https://wn.com/New_Money_The_Greatest_Wealth_Creation_Event_In_History_(2019)_Full_Documentary
►►To learn more about Dr. Steve Sjuggerud’s favorite China investment recommendations right now, go here to get his free investment report http://newmoneymovie.com/invest
Why is one misunderstood nation now the source of more millionaires and billionaires than anywhere else on earth? And why does America’s mainstream press ignore this story? Join entrepreneur and legendary investor Steve Sjuggerud, as he explores this mysterious place, and explains how it now offers what he calls: “The Greatest Moneymaking Opportunity of Our Lifetimes.”
- published: 30 Jul 2019
- views: 10175842
2:53
4 Assets That Make You Rich | Robert Kiyosaki | Success Resources
Wondering which assets to invest that could help you to get rich? Learn different ways of wealth building with Robert Kiyosaki 👉 https://sr-event.com/wealth-yt ...
Wondering which assets to invest that could help you to get rich? Learn different ways of wealth building with Robert Kiyosaki 👉 https://sr-event.com/wealth-yt
Most people being asked to study hard at school and get a high-paid job when they came out into society. But one thing is that schools never teach about Financial Education. You could probably go into trouble when you get fired and you don't know how to make money with all the assets you have.
According to Robert Kiyosaki, academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them. Robert Kiyosaki is many things: an author of self-help books, an investor, a businessman, as well as a motivational speaker. Robert is best known as the bestselling author of a series titled Rich Dad, Poor Dad and has become one of the leading voices in educating people in the area of developing their own personal finances.
In this video, "4 Assets That Make You Rich", Robert Kiyosaki shares the four assets that make people truly rich and probably most of the successful people in the world are investing in them
VIDEO HIGHLIGHTS
01:56 So I get an 80% return on day 1
At Success Resources, we are committed to giving you the best learning materials and resources in order to unlock your potential. Come and join our events and get a breakthrough in your life.
Success Resources has grown to become one of the leading global providers of educational resources, seminars, and workshops. We believe that education and learning experiences transcend the boundaries of a classroom, and for over 25 years, we have proudly, and positively impacted over 10 million lives across 35 countries.
Imagine most of the people in the world needs a lot more money, right? But most people choose to live within their comfort zone instead of taking a step out and learn how to unlock financial freedom. 👉 https://sr-event.com/wealth-yt
ABOUT ROBERT KIYOSAKI
Robert Kiyosaki is best known as the author of “Rich Dad, Poor Dad” the #1 best-selling personal finance book of all time. He has become one of the leading voices in educating people in the area of developing their own personal finances.
Robert served in the US Marine Corps as a helicopter gunship pilot during the Vietnam War. In 1974, he left the Marine Corps and worked as a salesman in Xerox Corporation for a couple of years before leaving to start up his own business.
His first business was a new concept of wallet which used Velcro and nylon. These “surfer wallets” would eventually end up becoming a multi-million dollar product and Robert would receive his first real taste of success. But with a change of trends, his businesses left him bankrupt, homeless and owing $850,000 to the banks. Robert Kiyosaki would go on to help people and educate them on how to completely avoid the pit of bankruptcy, and even achieve financial success.
With twenty-six books in the Rich Dad series, Robert has sold more than twenty-seven million books worldwide. His works have been translated in fifty-one different languages for markets in hundred-and-one various countries across the world, eventually leading him to countless bestsellers lists across Asia, Australia, Europe, Mexico, and South America. Kiyosaki experienced growth that in only nine years he became a multi-millionaire.
🔴 Subscribe for more AMAZING CONTENT:
https://www.youtube.com/user/successresources?sub_confirmation=1
---
[Related Videos]
HOW TO CONVERT A LIABILITY INTO AN ASSET - ROBERT KIYOSAKI, Rich Dad Poor Dad
https://www.youtube.com/watch?v=A8vD_XO0vUU
3 Assets Rich People Have
https://www.youtube.com/watch?v=BBaZnw09pKc
THINK ASSETS THAT CAN GENERATE POSITIVE DAILY PASSIVE CASH-FLOW - 24/7, 365
https://www.youtube.com/watch?v=eEmRTgi0M0c
🔵 Follow us on Social Media 🔵
Facebook MY: https://www.facebook.com/SuccessResourcesMY/
Facebook EU: https://www.facebook.com/SuccessResourcesEU/
🔥 Other Related / Recommended Channels 🔥
Success Resources - https://www.youtube.com/user/successresources
Success Resources Australia - https://www.youtube.com/user/eventsworldclass
The Rich Dad Channel - https://www.youtube.com/channel/UCuifm5ns5SRG8LZJ6gCfKyw
Tony Robbins - https://www.youtube.com/user/TonyRobbinsLive
MacAttram - https://www.youtube.com/user/TheMacattram
Peng Joon - https://www.youtube.com/user/pengjoon/featured
#SuccessResources #RobertKiyosaki #RichDadPoorDad
https://wn.com/4_Assets_That_Make_You_Rich_|_Robert_Kiyosaki_|_Success_Resources
Wondering which assets to invest that could help you to get rich? Learn different ways of wealth building with Robert Kiyosaki 👉 https://sr-event.com/wealth-yt
Most people being asked to study hard at school and get a high-paid job when they came out into society. But one thing is that schools never teach about Financial Education. You could probably go into trouble when you get fired and you don't know how to make money with all the assets you have.
According to Robert Kiyosaki, academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them. Robert Kiyosaki is many things: an author of self-help books, an investor, a businessman, as well as a motivational speaker. Robert is best known as the bestselling author of a series titled Rich Dad, Poor Dad and has become one of the leading voices in educating people in the area of developing their own personal finances.
In this video, "4 Assets That Make You Rich", Robert Kiyosaki shares the four assets that make people truly rich and probably most of the successful people in the world are investing in them
VIDEO HIGHLIGHTS
01:56 So I get an 80% return on day 1
At Success Resources, we are committed to giving you the best learning materials and resources in order to unlock your potential. Come and join our events and get a breakthrough in your life.
Success Resources has grown to become one of the leading global providers of educational resources, seminars, and workshops. We believe that education and learning experiences transcend the boundaries of a classroom, and for over 25 years, we have proudly, and positively impacted over 10 million lives across 35 countries.
Imagine most of the people in the world needs a lot more money, right? But most people choose to live within their comfort zone instead of taking a step out and learn how to unlock financial freedom. 👉 https://sr-event.com/wealth-yt
ABOUT ROBERT KIYOSAKI
Robert Kiyosaki is best known as the author of “Rich Dad, Poor Dad” the #1 best-selling personal finance book of all time. He has become one of the leading voices in educating people in the area of developing their own personal finances.
Robert served in the US Marine Corps as a helicopter gunship pilot during the Vietnam War. In 1974, he left the Marine Corps and worked as a salesman in Xerox Corporation for a couple of years before leaving to start up his own business.
His first business was a new concept of wallet which used Velcro and nylon. These “surfer wallets” would eventually end up becoming a multi-million dollar product and Robert would receive his first real taste of success. But with a change of trends, his businesses left him bankrupt, homeless and owing $850,000 to the banks. Robert Kiyosaki would go on to help people and educate them on how to completely avoid the pit of bankruptcy, and even achieve financial success.
With twenty-six books in the Rich Dad series, Robert has sold more than twenty-seven million books worldwide. His works have been translated in fifty-one different languages for markets in hundred-and-one various countries across the world, eventually leading him to countless bestsellers lists across Asia, Australia, Europe, Mexico, and South America. Kiyosaki experienced growth that in only nine years he became a multi-millionaire.
🔴 Subscribe for more AMAZING CONTENT:
https://www.youtube.com/user/successresources?sub_confirmation=1
---
[Related Videos]
HOW TO CONVERT A LIABILITY INTO AN ASSET - ROBERT KIYOSAKI, Rich Dad Poor Dad
https://www.youtube.com/watch?v=A8vD_XO0vUU
3 Assets Rich People Have
https://www.youtube.com/watch?v=BBaZnw09pKc
THINK ASSETS THAT CAN GENERATE POSITIVE DAILY PASSIVE CASH-FLOW - 24/7, 365
https://www.youtube.com/watch?v=eEmRTgi0M0c
🔵 Follow us on Social Media 🔵
Facebook MY: https://www.facebook.com/SuccessResourcesMY/
Facebook EU: https://www.facebook.com/SuccessResourcesEU/
🔥 Other Related / Recommended Channels 🔥
Success Resources - https://www.youtube.com/user/successresources
Success Resources Australia - https://www.youtube.com/user/eventsworldclass
The Rich Dad Channel - https://www.youtube.com/channel/UCuifm5ns5SRG8LZJ6gCfKyw
Tony Robbins - https://www.youtube.com/user/TonyRobbinsLive
MacAttram - https://www.youtube.com/user/TheMacattram
Peng Joon - https://www.youtube.com/user/pengjoon/featured
#SuccessResources #RobertKiyosaki #RichDadPoorDad
- published: 17 Feb 2017
- views: 5313875
17:26
The Untold Truth About Money: How to Build Wealth From Nothing.
There is an untold truth about money – an actual equation that allows you to build wealth from nothing.
It’s an equation that is hardly taught in schools if at...
There is an untold truth about money – an actual equation that allows you to build wealth from nothing.
It’s an equation that is hardly taught in schools if at all, and is often overlooked by those who are trying to get rich, or achieve their dreams of “financial freedom”.
In this video, we’ll take a look at exactly what that equation is.
******
► Become a Patron for behind the scenes, Q&A's, and editing tutorials: https://www.patreon.com/jamesvj
💻Where I began Learning How to Edit + Other Clases (Skillshare)
► https://skillshare.eqcm.net/Kr3Yn
📦 Download my Video Editing Templates:
► https://www.jamesjani.com/shop/
📹 My Equipment:
►https://bit.ly/2OfHCTO
🎶 Where I Get My Music:
►Epidemic Sounds - https://www.epidemicsound.com/referral/5uqnji
► Artlist - https://artlist.io/artlist-70446/?artlist_aid=jjani_2322&utm_source=affiliate_p&utm_medium=jjani_2322&utm_campaign=jjani_2322
Stock footage & SFX:
► https://motionarray.com/?artlist_aid=jjani_2322&utm_source=affiliate_p&utm_medium=jjani_2322&utm_campaign=jjani_2322
🔧 Helpful tool for YouTubers (TubeBuddy):
► https://www.tubebuddy.com/Jamesvj
💼 Job Opportunities:
► https://jamesjani.notion.site/James-Jani-Hiring-Hub-b669861daa0b4b3bbe60b6515aab418b
***
𝗟𝗘𝗧'𝗦 𝗖𝗢𝗡𝗡𝗘𝗖𝗧:
📸 IG: james.v.j // https://bit.ly/2TOaBBC
🐦 Twitter: @jamesvjani // https://bit.ly/2zYPrsT
******
DISCLAIMER:
This video was heavily inspired by the works of MJ Demarco, author of “The Millionaire Fastlane”, and “Unscripted”, as well as my own opinions and observations on how society functions on a monetary level. Of course, the subjects of money, and entrepreneurship are far too vast to cover in a single YouTube video, so I have tried to condense this information as best as I can. Enjoy 😊
THE MYTHS ABOUT MONEY
Everyone wants to know how to be rich, but when it comes to wealthy people the media and Hollywood have a habit of depicting them as cruel, evil, corrupt, or backstabbing individuals.
But the real question is whether you believe this stereotype.
Most of what you think about money has been influenced by your upbringing and surroundings. If you grew up poor, then you’re more inclined to believe that your financial future will remain under such circumstances. Or perhaps you decided to make it your goal to generate as much wealth as possible so you will never grow up in those conditions again – either way, it’s important to note that we may have false beliefs about money which will not serve you well if your goal is to become rich.
THE EQUATION TO WEALTH.
In a capitalist society, you are paid in proportion to the perceived value that you have.
This is very important to understand and can explain many reasons as for why people are paid differently. The cleaner is paid less than the accountant because the cleaner’s job is not difficult to learn, and they can easily be replaced. The accountant on the other hand has spent years studying numbers, and has saved their clients thousands on taxes. The market perceives the value of the accountant to be higher, and therefore the accountant makes substantially more money.
And yet the problem with a job is that your income is time-bound. It requires your time to generate wealth, and only at an old age can you truly reap the rewards of the wealth that you’ve built – if you’ve built any at all.
How then are there millionaires or billionaires at such young ages? What is it about people like Elon Musk, or Jeff Bezos that make their perceived value so high?
The next part of this equation is as follows: if you want money, you must solve problems.
All money runs from this basic premise. If it solves a problem (depending on what the problem is), money will be thrown at it.
If it’s a million-dollar problem, then the solution will make you millions.
If it’s a billion-dollar problem, then the solution will make you billions.
Truth is: if you’ve been chasing money, then you’ve been doing it all wrong. You need to chase problems, and more importantly, solutions to those problems.
******
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement is intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the "about" page on my channel.
AFFILIATE DISCLOSURE: there may be a few links in this description that, at no cost to you, will earn me a commission if you choose to click them and make a purchase 🙂
Don’t worry – I only ever promote things that have genuinely helped me.
Copyright © James Jani 2020
Prologue - 00:00
Part 1: The Lies You've Been Fed - 03:20
Part 2: The Truth About Money & Wealth - 06:25
Part 3: A Problem Worth Solving - 09:37
Part 4: The Reward - 11:32
Part 5: Your Money or Your Life - 12:40
Conclusion - 15:03
https://wn.com/The_Untold_Truth_About_Money_How_To_Build_Wealth_From_Nothing.
There is an untold truth about money – an actual equation that allows you to build wealth from nothing.
It’s an equation that is hardly taught in schools if at all, and is often overlooked by those who are trying to get rich, or achieve their dreams of “financial freedom”.
In this video, we’ll take a look at exactly what that equation is.
******
► Become a Patron for behind the scenes, Q&A's, and editing tutorials: https://www.patreon.com/jamesvj
💻Where I began Learning How to Edit + Other Clases (Skillshare)
► https://skillshare.eqcm.net/Kr3Yn
📦 Download my Video Editing Templates:
► https://www.jamesjani.com/shop/
📹 My Equipment:
►https://bit.ly/2OfHCTO
🎶 Where I Get My Music:
►Epidemic Sounds - https://www.epidemicsound.com/referral/5uqnji
► Artlist - https://artlist.io/artlist-70446/?artlist_aid=jjani_2322&utm_source=affiliate_p&utm_medium=jjani_2322&utm_campaign=jjani_2322
Stock footage & SFX:
► https://motionarray.com/?artlist_aid=jjani_2322&utm_source=affiliate_p&utm_medium=jjani_2322&utm_campaign=jjani_2322
🔧 Helpful tool for YouTubers (TubeBuddy):
► https://www.tubebuddy.com/Jamesvj
💼 Job Opportunities:
► https://jamesjani.notion.site/James-Jani-Hiring-Hub-b669861daa0b4b3bbe60b6515aab418b
***
𝗟𝗘𝗧'𝗦 𝗖𝗢𝗡𝗡𝗘𝗖𝗧:
📸 IG: james.v.j // https://bit.ly/2TOaBBC
🐦 Twitter: @jamesvjani // https://bit.ly/2zYPrsT
******
DISCLAIMER:
This video was heavily inspired by the works of MJ Demarco, author of “The Millionaire Fastlane”, and “Unscripted”, as well as my own opinions and observations on how society functions on a monetary level. Of course, the subjects of money, and entrepreneurship are far too vast to cover in a single YouTube video, so I have tried to condense this information as best as I can. Enjoy 😊
THE MYTHS ABOUT MONEY
Everyone wants to know how to be rich, but when it comes to wealthy people the media and Hollywood have a habit of depicting them as cruel, evil, corrupt, or backstabbing individuals.
But the real question is whether you believe this stereotype.
Most of what you think about money has been influenced by your upbringing and surroundings. If you grew up poor, then you’re more inclined to believe that your financial future will remain under such circumstances. Or perhaps you decided to make it your goal to generate as much wealth as possible so you will never grow up in those conditions again – either way, it’s important to note that we may have false beliefs about money which will not serve you well if your goal is to become rich.
THE EQUATION TO WEALTH.
In a capitalist society, you are paid in proportion to the perceived value that you have.
This is very important to understand and can explain many reasons as for why people are paid differently. The cleaner is paid less than the accountant because the cleaner’s job is not difficult to learn, and they can easily be replaced. The accountant on the other hand has spent years studying numbers, and has saved their clients thousands on taxes. The market perceives the value of the accountant to be higher, and therefore the accountant makes substantially more money.
And yet the problem with a job is that your income is time-bound. It requires your time to generate wealth, and only at an old age can you truly reap the rewards of the wealth that you’ve built – if you’ve built any at all.
How then are there millionaires or billionaires at such young ages? What is it about people like Elon Musk, or Jeff Bezos that make their perceived value so high?
The next part of this equation is as follows: if you want money, you must solve problems.
All money runs from this basic premise. If it solves a problem (depending on what the problem is), money will be thrown at it.
If it’s a million-dollar problem, then the solution will make you millions.
If it’s a billion-dollar problem, then the solution will make you billions.
Truth is: if you’ve been chasing money, then you’ve been doing it all wrong. You need to chase problems, and more importantly, solutions to those problems.
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Copyright © James Jani 2020
Prologue - 00:00
Part 1: The Lies You've Been Fed - 03:20
Part 2: The Truth About Money & Wealth - 06:25
Part 3: A Problem Worth Solving - 09:37
Part 4: The Reward - 11:32
Part 5: Your Money or Your Life - 12:40
Conclusion - 15:03
- published: 16 Apr 2020
- views: 16780273