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  • This video is made possible by the Great courses Plus.

  • Start Your Free trial by clicking the link in the description.

  • Intro The three wealthiest Americans, Bezos, Gates,

  • and Buffett are as wealthy as the bottom 50 percent of the US population combined, that's

  • over 160 million people.

  • Those are some fascinating numbers.

  • In fact, 2017 was one of the best years for billionaires because someone was joining the

  • club ever two days.

  • You too probably have some substantial financial goals, to be honest, most of us will never

  • join that secretive club of billionaires.

  • There are over 7 billion of us, and only a small minority of 2300 people are at that

  • level of wealth.

  • But the good news is that you can still become pretty wealthy even if you do not check the

  • billion-dollar benchmark, because let's be honest, you don't need that much money to

  • enjoy all the pleasers the world has to offer.

  • There are a gazillion number of ways to become a millionaire.

  • You don't have to be smart, extraordinary, or start up a revolutionary company.

  • In fact, you don't have to wait even till you get old to enjoy the fruits of your labor.

  • It's just a matter of few or maybe little more years of consistent, focused work!

  • I am not saying it's easy or anything like that.

  • Otherwise, everyone would be one, but its more about taking that extra mile that most

  • people avoid.

  • No matter what path you decide to take to achieve that million-dollar benchmark, There

  • are some fundamental principles you have to follow.

  • Without the skills we will discuss in this video, you are never going to make it unless

  • someone would just hand you a million dollars.

  • Most people have a bunch of habits and understandings that are preventing them from taking that

  • extra step.

  • But perhaps what's more important is that even if you don't know where to start, which

  • is probably your biggest problem.

  • Following these principles and the lessons will at least give you an idea, to begin with.

  • 1.

  • Take off your pink glasses  Even though its important to be positive all

  • the time, the world is a harsh place.

  • Especially the business world, it's nowhere close to sunshine and rainbows.

  • Its a place filled with greed and brutality.

  • There are often times when you have to be Machiavellian to survive in that environment.

  • And that's not only in business, but the same also goes to politics, for example, and every

  • other aspect of life where there is competition.

  • Humans can be deceiving, and if you are not careful, you can easily be thrown under the

  • bus.

  • On the other side, it also means being able to embrace reality.

  • You have to learn to see your stupidity, your limitations.

  • A lot of people pursue something, thinking that they are great at that while, in reality,

  • they're not as good as they think.

  • And even if you end up making it, that's not going to last forever, one day, you brilliant

  • strategy will no longer be relevant, so keeping your eye sharp all the time is part of the

  • process.

  • 2.

  • You are thinking short term

  • Around a year ago, I met a girl at a party; she began telling me that she wants to become

  • an Instagram model.

  • So I asked her: what's your plan?

  • She responded that she wants to gain 100k followers within the next six months.

  • I had to disappoint her because that's too ambitious, I don't have a problem with ambitious

  • goals but its critical that they are realistic.

  • So I naturally told her that she has to lower her expectations and focus on convincing 10K

  • people to follow within the next year.

  • She began to complain that she cannot wait till next year, that's too long and so on.

  • While writing this script, I checked her Instagram, and it seems like she didn't even get 500

  • new follows since we had that conversation.

  • There is a process of building anything, wealth, business, a movement, whatever!

  • And you have to respect that process!

  • Building the foundation for your wealth or career or mastering your craft is going to

  • take a significant amount of time.

  • 3.

  • Do not forget the end game.

  • Here is the biggest reason why most people don't make it.

  • No matter who you are, what you are, this is the final destination (death) ! and most

  • people tend to forget that or at least pretend like its never going to happen!

  • it is not a forever gameEvery day, you are anxious, depressed, lazy,

  • whatever is a day wasted!

  • I like they way steve jobs put it - Remembering that I'll be dead soon is the most important

  • tool I've ever encountered to help me make the big choices in life.

  • Because almost everythingall external expectations, all pride, all fear of embarrassment

  • or failure - these things just fall away in the face of death, leaving only what is truly

  • important.

  • Remembering that you are going to die is the best way I know to avoid the trap of thinking

  • you have something to lose.

  • You are already naked.

  • There is no reason not to follow your heart.

  • 4.

  • You are not doing your best.

  • Ninety-nine percent of people are not doing their best.

  • You literally have no idea of what a human spirit is capable of.

  • Regardless of who you are, you have the potential for greatness.

  • It doesn't matter what your financial goals are, as a human being, you have plenty of

  • potentials, and your job is only to realize them.

  • Most people overestimate what they can achieve in 1 year and underestimate what they can

  • achieve in 10 years.

  • It might seem like there is no way you can take that extra mile, but that's not the case,

  • deep inside you have power and will to do that, it's all in your mind.

  • When you are doing pull-ups, for example, after doing 10 or 15, you get tired, and you

  • just want to give up.

  • But we both know that you can make one more at least, its there in your mind, if you push

  • a little harder, you can do even two or even 5 more.

  • Yes, at some point, you will collapse and won't go further, but It's all about pushing

  • yourself to your maximum.

  • Imagine pushing beyond your limits everyday, you will easily make 100 pull-ups at once

  • in a matter of a month or maybe a little longer, which in the beginning seems impossible.

  • That's the case with everything else in life.

  • 5.

  • Problems aren't always bad.

  • This might sound naive and vague.

  • Even when I came across it, I didn't take it seriously, but to be honest, life is full

  • of obstacles.

  • Every day a ton of things happen that push you back, anger you, frustrate you.

  • There is every reason to quit and never pursue anything.

  • But life has taught me that, no matter how big the problem is, almost every time, it's

  • possible to turn it into an advantage, into something that will empower, into an opportunity.

  • An average millionaire in the US at least goes bankrupt at least 3.5 times before making

  • that big leap, which says a lot.

  • Chances that will make it from the first time are so low that you shouldn't even think about

  • it.

  • Failure is an unavoidable part of it, and learning how to turn them into something positive

  • is crucial.

  • And I am not only talking about business.

  • There will be obstacles in your personal life or even health . Unless you learn to turn

  • every setback into something positive, you not going to go far.

  • Of course, it is not always going to work, and sometimes when you get hit with a brick,

  • you are going to fall, but even then, you should learn the lessons and keep a positive

  • mind and keep moving.

  • Contrary to common belief, many millionaires do not live in mansions or highly prestigious

  • neighborhoods.

  • In fact, half of all millionaires are self-employed or own a business.

  • But to achieve that you certainly have to learn how to self educate yourself.

  • And that's where The Great Courses Plus comes into the picture, to be fair, unlike other

  • online courses that you come across on the internet, they are different.

  • Their courses are taught by top professors from the Ivy League

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  • you...science, math, history, literature, you name it!

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  • Let's say you are inspired by Warren Buffet, and you want to reach that million-dollar

  • benchmark through the stock market.

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  • If you are interested in space and the universe for example, here is a course by none other

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  • I don't think he needs an introduction.

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  • In anyways, make sure you give this video a big thumbs up if you have enjoyed, And of

  • course, you subscribe and hit that bell button beside it.

  • Thanks for watching and until next time.

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為什麼你永遠不會成為百萬富翁的5個原因? (5 Reasons Why You Will Never Become A Millionaire)

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