According to Forbes, The World's Billionaires
Have Gotten $1.9 Trillion Richer In 2020.
We are no longer talking about billions or hundreds of billions of dollars but trillions.
While you lost your job, while you were waiting for your stimulus check, some people absolutely
crashed and toppled the billionaire's list.
It really fascinates me that how some people barely make ends meet while others earn over
a hundred billion dollars in a single year.
Life is a strange thing, only those who really understand how it works make the right decisions
that lead them to achieve extraordinary things.
When it comes to money, it's pretty similar to everyone.
You can be as hard-working as you want or as smart as you want.
If you don't understand money, you are going to fail financially.
It's unfortunate that we are not taught personal finance in schools, so most of us learn how
money works with experience, but often we learn the most important lessons too late
in our lives when it's too late!
That's why here in this video, I want to share with you five fundamental principles of money
and why money is more like a woman, so if you understand women, you will understand
money.
By learning these principles, you are going to have a deep understanding of how money
works and how you can take your financial life to a whole different level.
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And now lets get back to the video.
money is like a woman
If you try to pursue a woman by directly showing how much you are interested in her, you will
most probably get rejected.
It always works the other way around.
The less you care, the more attractive you become.
Women are usually not attracted to you as much as they're attracted to what you represent.
That's why it's much easier to attract a girl when you are driving an expensive car or dressed
in a nice super-fit suit.
Because that represents success that says that you are a cool smart, hard-working, respectable
guy.
The more interesting, fun, and exciting your life seems the woman would find you attractive
in other words, the more valuable your life is, the more woman you are going to attract.
The same applies to money.
The more value you create in your life, the more money is going to flow into your life.
Remember - money always follows value!
So stop focusing on how to make more money but try to think in terms of how much value
I can create.
Because one way or another, that will lead to more money.
Bringing more value to your business means your customers are going to get more satisfied,
which will result in more sales which will result in more money.
Bringing more value to your company means you are making the job of your boss much easier
which means promotion at the end of the month or the quarter.
Think of the world's largest companies.
The more value they create, the more valuable ar they.
Amazon makes buying stuff online cheap and easy, the cheaper it can make it, the more
people are going to use Amazon, the more sales Amazon is going to drive.
money grows on trees
When I was a kid, and I would ask my dad to
buy something for me like a game or a toy.
My dad would always tell me do you know you have to work hard for that money! money does
not grow on trees!
And i had that mindset for a long time, but thankfully I got rid of it because apparently
money actually grows on trees, and if you do not operate from this perspective you will
never get out of that rat race.
You can't trade your time for money your entire life.
That's why you have to plant trees that will earn your money when you're not working when
you're not there.
When you are sleeping, when you are spending time with your family and friends.
Your trees should keep earning you money.
But it's not as easy as it might sound.
Do you know how difficult it is to plant a tree?
First, you need to plant a seed, but the seed is useless if it's not planted in nutrient-rich
soil.
But that's not it!
The tree isn't going to grow by itself! you need to water it and take care of it, and
it's definitely not going to grow overnight.
Not even in a few days or weeks!
Some trees literally grow for 10-20 or even 30 years.
But once it grows up, it will keep producing fruits with minimum effort.
The same goes for assets.
Once you build up a business or save up enough to make a good investment, it keeps generating
income even if you are not there.
Because at some point you will get old, or sick and you won't be able to sustain your
job.
You will not be able to trade your time for money, so even if you are making 500 bucks
an hour, you could get back poor instantly if you haven't planted enough trees in your
garden.
In fact, that's one of the most common ways how people get back to poverty.
They build a solid career and make a lot of money, but then, they might get sick or anything
else that could prevent stop from keeping their job, so they end up losing it all.
money won't solve your insecurities
We all have insecurities, and a lot of times
we buy that expensive car or move to a bigger house or buy a better phone because we want
to be accepted or admired by the society.
You want to show to people that you are sccesfuly, you are doing great financially because apparently
today success is measured by how much money you make.
That expensive car will make you feel good for a week or two, but then it will become
normal, but your insecurity won't go away, so you would want a better phone or a more
expensive car.
Its a never ending cycle that keeps people who make a lot of money - POOR!
If its acceptance you are seeking, then learn how to better manage your emotions.
The truth is that your insecurities will drain down your bank account but will follow you
your entire life.
Instead, improve your social skills, learn how to boost your confidence, try meditations.
I am not saying you shouldn't buy an expensive car or a private jet or a yacht, if you can
afford one.
Go ahead and buy whatever you desire, look at susccessf as you want, But don't do it
to fill your insecurity.
4.
Don’t be late to the party
since January 2021, the price of Ethereum increased by 400 percent.
at the time of this script, the price of Ethereum is a little over 4300 dollars.
internet is filled with people who are just buying ethereum now; little do they know that
they are a bit late to the party.
in fact in 2018, which was not that long ago, the price of ethereum was less than 100 dollars.
every 100 dollars invested back then has now turned to 4300 dollars, that's over 3300 percent
increase.
but unfortunately, most people were not interested in that opportunity when it hasn't exploded
yet.
they get interested only when it is shooting through the roof.
thats why Warren Buffett once said: be fearful when others are greedy and greedy when others
are fearful.
when Ethereum was barely surviving, people ignored it, they didn't look at the technology
behind it, they didn't understand what makes this technology so unique and different and
how it could possibly grow.
they just focused on the headlines that are in the news.
while real, smart, and wise investors ignored the financial news and focused on understanding
what are the technologies of the future and invested before the party has started.
so don't be one of those people who comes to the party when its almost over.
5.
Money is a game what most people don't realise is that money
is a game like any other game.
it has its rules, principles and strategies.
try playing any game without mastering its rules first, what are your chances of wining
that game? pretty slit right?
then what makes you believe that you can win the game of money without even knowing its
rules or how does it works? have you ever played monopoly?
if you don't understand the overall objective of the game and how is it structured, you
are going to lose in no time.
of course, you can learn the rules as you play the game, but you can save yourself a
lifetime and pick up a book or a course that will teach you all the important rules that
you have to keep in mind to excel in that game.
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