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.
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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 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.
The 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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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.
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
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It will be worth the wait💪💯
Wonderful
Good luck, we’re waiting for you. Thanks for your efforts.
I would like to know if you have a course about how you are editing your videos lol?
Am waiting from holland!
Okay, not only is the content incredibly interesting. Can I just say the editing is breath-taking.. I’ve never sat and watched an entire 17-minute long YouTube video feeling like I’ve been taken on an epic journey. From the clips used to the music in the background to the entire theme of the video.. I can tell so much hard work, time and effort was put into this channel. That in itself is motivational for me.
The soundtracks he uses also makes a big impact on the tone of the video
Shrimpie gurl, it’s you who’s breath-taking.
He found the way how to keep peoples attention by constantly changing background videos , music and hes voice is trained to make you super engaged , the tone is just on fucking point , crazyy good work man!
Welcome to the internet.
Your gorgeous face pic is what’s breathtaking! Furthermore, not being able to video call you is heartbreaking! REVEALING SCOOP: This video presentation took all of 5 minutes to produce and edit. It’s actually a knockoff/editing of a 10 minute version made by another illusionist who emulated David Coperfield.
“If you want money you shouldn’t look for money, you should be looking for problems, and more importantly the solutions to those problems” brilliant!, and if you want to be good at what you do, solve problems consciously, that way you get assistance that you never imagined possible
Thank you.
yet most people cant do it lol
i think i need to study maths it helps with IQ
cautare pvp nothing good in life comes easy
Thank u sir.
I’m 41. I am an engineer, attorney, and real estate investor. I’ve also owned multiple small businesses. I’ve only just come to understand some of the fundamental truths that you express so eloquently. You seem humble and like a person who will deny having an extraordinary talent, but the ability to see through the self-help industry and simultaneously identify the true path to success and money at such a young age is very rare. Also man, the quality of these videos is off the charts…. truly. I put the production quality on par with shows like Netflix’s “Explained,” only I think your content is more important to the world. You are addressing a very real and very current problem. I hope you are saving people from villains. I hope you are rewarded financially in proportion to the good you are doing.
Torry, Great summary. You summed up many of my own thoughts on this video.
How hard is it to start a small business? How much time will it take to manage it?
I am 26 and I and thinking to start a small business as a hobbie and to learn. I don’t care if it has 0% chance of success. Anything greater than that would be fine. I just want to understand.
And I am a engineer.
Thank you so much for this comment, I just wasted $300 with a scammer claiming to have investing knowledge who claimed he wants to help ppl but just a fraud to help me because im in the phase of action and building my path. Thankfully it was only $300 but I learned a lesson. found his channel and I feel saved. I’m continuing to take strategic action and more aware of the sharks in the water.
I wholeheartedly agree!
well said man
“It almost seems paradoxical that if you want money, then it’s not money which you should be chasing for… It’s problems and more importantly their solutions”
Very well said… I totally agree
To be honest this video really inspired and touched every area of my life because you have being my coach for your brilliant time to unleash the truth to myself. I give you 100% intelligence
I’m from England where i work as a journalist until i met Expert Mrs Amanda K, Mrs Amanda K is legit and her method works like magic. I keep earning every single week with her new strategy
wow I’m just shock you mentioned expert Mrs Amanda, I thought I’m the only one trading with her 😊
after God in my life, is now next to Mrs Amanda because she has really brought me out of credit and sorrow,
I’m a long term investor just withdraw my profit over $910k her trading strategies is second to none
here in Canada Expert Mrs Amanda carries out the both orientation and mentorship
potentials
my advice to you all is that you shouldn’t just venture on any asset for the sake of it, I have come to understand and that the recent dip trail is everything.
James Jani is such a blessing to all. I achieved success after I practiced the steps below.
Y’all need to know this. A well-known podcast in the US taught me how the rich don’t teach how to achieve success. They seek the ideas of Fin. Consultants to help grow their finance
To achieve success, a Financial consultant is needed to achieve it. I engage in a variety of investments with the ideas of my consultant and have acquired great returns so far. (the amount is confidential).
The substantiaI approach you got here; we all need this, feels so good to be here• Thankss
Deserve all the attention. I’m delighted to partake in this experience 🙌
I m glad that you make realistic and honest videos, there is so much bad advise on the internet and it is affecting too many young people, making them so vulnerable to gurus and scammers, I hope you are doing well financially.
One more thing , You should put a disclaimer at the beggining of every video, warning about so much spam on the comments.
“By not understanding money, the vast majority of people allow its awesome power to control them.” – Robert Kiyosaki
Taking the first step is the hardest, but 6 houses later living off passive income. You’ve got to start taking steps to achieve your goal.
What kind of investment would you advise? And what is the best way to follow it?
All passive income ideas work as long as you put the work in. I focus more on cryptos, real estate crowdfunding and IDOs. With the assistance of a financial consultant, I’m doing well for myself.
Thanks for your response but how do I get access to your financial consultant? Can you share more info about him/her if you don’t mind.
@Susan HarrisYou can make internet research with her name *Olivia Charlotte Oswald.* The rest of the information is there for you to read and get in touch.
Olivia is the best in this space, I’m happy to come across these recommendations. I have worked with her and I am impressed with the thoroughness and professionalism of the investment diligence packages she provides.
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession– it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don’t know how they do it. I have about $89k now to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
@Martín Giavarini Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
I really don’t like making such recommendations, because everybody’s situation is unique. But there are many freelance wealth managers you could check out. I have been working with “Catherine Morrison Evans” for about four years now, and she’s really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
@Martín Giavarini Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn’t pick up so I scheduled a phone call.
I began investing at the age of 33, primarily utilizing my hard work and dedication. Now at the age of 38, I am delighted to share that my passive income exceeded $100k for the first time in a single month. This advice is truly valuable, so don’t hesitate to take action. Remember, it’s not about achieving wealth quickly, but rather about building wealth consistently and persistently!
This is superb! information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor ?
I understand the uncertainty of tomorrow, and I agree that starting to invest today can be challenging, especially without a clear understanding of where and how to invest. Since I’ve personally tried navigated the path to passive income, I’d be delighted if you can offer me some guidance based on your experiences that help you embarking on your own journey towards financial security.
I never expected it, but after closely monitoring my portfolio’s performance, I was astounded to see it generate a staggering $473k in just the past two quarters. This eye-opening experience has given me insight into why experienced traders can achieve remarkable returns even in lesser-known markets. Taking this leap was undoubtedly the boldest decision I have made recently.
That’s impressive! I could really use the expertise of the advisor, my portfolio has been stagnant…. Who’s the person guiding you?
It’s amazing young man. You have done a great job. Continue to help others enjoy this precious life we manage to have as a matter of fact its time that determines them all that’s the only thing that all of us have .