There is an untold truth about money โ an actual equation that allows you to build wealth from nothing. Itโs 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 โfinancial freedomโ. In this video, weโll take a look at exactly what that equation is. ****** ๐ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐๐ก๐ ๐๐ก๐๐ง๐ง๐๐ฅ // ๐๐๐๐จ๐ฆ๐ ๐ ๐๐๐ญ๐ซ๐จ๐ง! โบ https://www.patreon.com/jamesvj ๐ป๐๐ก๐๐ซ๐ ๐ ๐๐๐ ๐๐ง ๐ฅ๐๐๐ซ๐ง๐ข๐ง๐ ๐ก๐จ๐ฐ ๐ญ๐จ ๐๐๐ข๐ญ + ๐จ๐ญ๐ก๐๐ซ ๐๐ฅ๐๐ฌ๐ฌ๐๐ฌ (๐๐ค๐ข๐ฅ๐ฅ๐ฌ๐ก๐๐ซ๐) โบ https://skillshare.eqcm.net/Kr3Yn ๐๐๐๐ญ ๐ ๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐ ๐ฐ๐ก๐๐ง ๐ฒ๐จ๐ฎ ๐๐๐ฉ๐จ๐ฌ๐ข๐ญ $๐๐๐ (๐๐): โบ https://act.webull.com/kol-us/share.html?hl=en&inviteCode=aUn469wnhfEA ๐น๐ ๐ ๐๐พ๐๐ถ๐ฝ๐บ๐ฒ๐ป๐: https://bit.ly/2OfHCTO ๐ ๐๐จ๐ฌ๐ญ ๐๐ง๐๐ฅ๐ฎ๐๐ง๐ญ๐ข๐๐ฅ ๐๐จ๐จ๐ค๐ฌ ๐ ๐๐๐ฏ๐ ๐๐๐๐: https://bit.ly/33pDvw7 ๐ถ ๐๐ฎ๐ฌ๐ข๐ ๐๐ฌ๐๐: 'Discovery' [Epic Cinematic CC-BY] - Scott Buckley // https://bit.ly/3fB3vtj BaaskaT - Bittersweet // https://bit.ly/2Jgu3E4 Epidemic Sounds - https://bit.ly/2SblgUB Artlist - https://bit.ly/2IzPbVo ๐ธ Instagram: james.v.j // https://bit.ly/2TOaBBC ๐ฆ Twitter: @jamesvjani // https://bit.ly/2zYPrsT ****** DISCLAIMER: This video was heavily inspired by the works of MJ Demarco, author of โThe Millionaire Fastlaneโ, and โUnscriptedโ, 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 ๐ 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 youโre 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 โ either way, itโs 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 cleanerโs 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 youโve built โ if youโve 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 itโs a million-dollar problem, then the solution will make you millions. If itโs a billion-dollar problem, then the solution will make you billions. Truth is: if youโve been chasing money, then youโve 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 ๐ Donโt worry โ I only ever promote things that have genuinely helped me. Copyright ยฉ 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
