How To Learn Like The Wealthy? | Generalists vs Specialists | Finances | "Master Investor" #wealth
How To Learn Like The Wealthy? | Generalists vs Specialists | Finances | "Master Investor" #wealth #biz #livestreaming #business #live #masterinvestor
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There is just one method we should invest if we intend to do so. The Master Investor method of investing is to make passive income.
Summary:
Being financially literate is the first step toward getting wealthy.
By putting in the effort to learn, we will master your trade.
A necessary step on the road to success is failure.
Will we put forth the effort to earn while valuing stability over opportunity? Or are we going to put in the effort to study (and acquire financial literacy), forgoing some stability in favor of more opportunities?
The one thing the poor's mindset wants to land a well-paying career. The poor’s mindset believed that attending a reputable university, earning a degree, landing a high-paying job, and climbing the corporate ladder were the keys to success.
We must decide what is going to be our financial destiny by picking either the wealth mindset or the poor mindset. Even having a well-paying job, we must recognize that working as an employee wouldn't get us wealthy. Wee wanted to be wealthy. Actually, the majority of wealthy individuals are already aware of this.
Use caution when acquiring new knowledge
The power of our mind makes it crucial to exercise caution when absorbing new information.
Because everything that we let into our minds shapes who we are, it's critical to approach learning actively as opposed to passively. Being a passive learner means that we end up becoming what other people want you to be, not what you truly want to be.
We take charge of our life and destiny when we are an active learner. And when we are active investors, then we take control over our financial future.
Sadly, the majority of people are passive learners and investors, and as such, they are dying financially in a dynamic and ever-evolving society.
Two approaches to work
Consider these two radically dissimilar perspectives on work:
Job security is the most important thing, for most people in the world think in those terms. Which hinders them from acquiring true wealth or total freedom.
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The effectiveness of an online business system
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