5 years?

5年？

10 years?

10年？

How about 15?

15個怎麼樣？

Nope, according to the data, it takes an average of 28 years for an average American to earn

不，根據數據，一個普通美國人平均需要28年才能賺取

1 million dollars.

1百萬美元。

So if you start working at 20, it's absolutely normal to make your first million by the time

是以，如果你從20歲開始工作，到了20歲時賺取第一個百萬是絕對正常的。

you hit 58, but no one wants to wait that long.

你到了58歲，但沒有人願意等那麼久。

The joy is to have that money when you are at your peak, the late 20s or 30s, and not

快樂是在你的高峰期，即20多歲或30多歲時擁有這筆錢，而不是

when you barely can walk.

當你幾乎不能走路的時候。

That Ferrari is no longer fun when you have to visit the doctor every other day since

當你每隔一天就得去看醫生時，那輛法拉利就不再有趣了，因為

you have health problems since you are getting old.

你有健康問題，因為你正在變老。


 But how do you become financially free when

但是，在以下情況下，你如何變得財務自由？

you are young.

你還年輕。

Let's be honest; that's not an easy question to answer.

說實話，這不是一個容易回答的問題。

In fact, the vast majority, even those who are watching this video, will keep up their

事實上，絕大多數人，甚至那些正在觀看這個視頻的人，都會保持他們的

mediocre life. 

平庸的生活。


 Your environment always plays a huge role.

你的環境總是起著巨大的作用。

For example, 44 percent of millionaires in the United States are located in California.

例如，美國44%的百萬富翁位於加利福尼亞州。

That's not by accident because becoming a homeowner in California, where an average

這不是偶然的，因為在加州成為房主，在那裡平均每個人都會有自己的房子。

house price is around 700K dollars, automatically makes you an almost millionaire.

房價約為70萬美元，自動使你成為幾乎是百萬富翁。

But you can get an equally great property somewhere else for a fraction of that price.

但你可以用這個價格的一小部分在其他地方得到同樣好的房產。


 However, the main reason why most people fail

然而，大多數人失敗的主要原因是

financially is because they fail to understand how the system works?

經濟上是因為他們不瞭解系統如何運作？

How to create wealth in such a system?

如何在這樣一個系統中創造財富？

You can complain forever that the system is broken, but that's not going to help you in

你可以永遠抱怨這個系統是壞的，但這不會幫助你在

any way.

任何方式。

So let's find out why you will never become financially free by working hard?

是以，讓我們來看看為什麼你永遠不會通過努力工作而變得財務自由？

Why is there only one way to build wealth?

為什麼只有一種方法來創造財富？

And what is that way?

而那條路是什麼呢？

If you are ready, give this video a thumbs up, and lets dive in.

如果你準備好了，請為這段視頻豎起大拇指，讓我們開始行動。


 it's impossible to get rich by working hard

勤勞致富是不可能的


 The other day I was having dinner with my

有一天，我和我的朋友在一起吃飯。

friend, and he was complaining that he keeps working hard, but he is still living paycheck

朋友，他抱怨說，他一直在努力工作，但他仍然生活在工資中。

to paycheck.

到發工資。

Even if he controls his spending, he barely saves pennies.

即使他控制了自己的支出，他也幾乎沒有存下一分錢。

And that's what a lot of people don't understand.

而這正是很多人不理解的地方。

Working hard is not a recipe for success.

努力工作並不是成功的祕訣。

Working hard will never make you rich.

努力工作永遠不會使你致富。

You might feel like you are on the right track because you wake up early, exercise, work

你可能覺得自己在正確的軌道上，因為你早起，鍛鍊，工作

hard, but eventually, that effort will never pay off.

努力，但最終，這種努力永遠不會得到回報。


 Let me give you a very simple example of why

讓我給你一個非常簡單的例子來說明為什麼

it's impossible to build wealth with hard work.

勤奮工作是不可能積累財富的。

Let's say you are an accounting clerk whose job is to insert data into excel.

假設你是一名會計職員，其工作是將數據插入EXCEL中。

Your job is valued at a certain amount of money in the market, let's say 20 dollars

你的工作在市場上被估價為一定的金額，比方說20美元

an hour.

一個小時。

It doesn't matter how hard you work, how disciplined you are.

你如何努力工作，如何自律並不重要。

You cannot earn more than 280 dollars a day which is working 14 hours a day.

你每天的收入不能超過280美元，也就是每天工作14小時。

Even if you work on weekends, 365 days a year, you will earn 102,200 dollars a year without

即使你在週末工作，一年365天，你也會在沒有的情況下每年賺取102200美元。

taking a single day off.

休息了一天。

You can't do that your entire life, especially if you want to have a family, enjoy some of

你不能一輩子都這樣做，特別是如果你想擁有一個家庭，享受一些

the pleasures life has to offer, and do others things.

生活所提供的樂趣，並做其他事情。


 So, if you can't build wealth by working hard,

是以，如果你不能通過努力工作來創造財富。

then what should you do?

那麼你應該怎麼做？


 2.

2.

And that takes me to the second point - money is made by taking a risk. 

這讓我想到了第二點--錢是通過承擔風險賺來的。


 Does that mean you should borrow money to

這是否意味著你應該借錢來

invest in bitcoin like my friend wants to do?

像我的朋友那樣投資比特幣嗎？


 The answer is no.

答案是否定的。


 Risk is taking responsibility for an uncertain

風險是對不確定的事情負責

outcome.

結果。

It could be a negative outcome where you lose all resources that you have invested in or

這可能是一個負面的結果，你會失去你所投資的所有資源，或

a positive outcome where you make a profit.

一個積極的結果，你可以獲得利潤。

Taking a risk means making the right choices when there isn't enough information.

承擔風險意味著在沒有足夠資訊的情況下做出正確的選擇。


 For example, in March 2020, Apple's stock

例如，在2020年3月，蘋果的股票

price plummeted by 28 percent.

價格暴跌了28%。

But from March 2020 to August 2021, the stock has grown by 155 percent.

但從2020年3月到2021年8月，該股已經增長了155%。

Now it's easy to look back and explain why did the stock soar.

現在回過頭來看，很容易解釋為什麼股價會飆升。

The fed intervened, it purchased corporate bonds, people spent their stimulus checks

美聯儲進行了干預，它購買了公司債券，人們花掉了他們的刺激性支票

on gadgets, and so on.

關於小工具，等等。

But back then, when the fed just announced that it's going to buy corporate bonds, distribute

但在那時，當美聯儲剛剛宣佈要購買公司債券時，分發

stimulus checks, it wasn't clear enough how the economy is going to react to that.

刺激性支票，經濟將如何反應還不夠清楚。

But whoever took the right decision during the uncertain times did end making a fortune.

但無論誰在不確定的時期做出了正確的決定，最終都發了大財。


 3.

3.

But the question is - how do you take the right decision when there isn't enough information. 

但問題是--在沒有足夠資訊的情況下，你如何做出正確的決定。


 That's the tricky part. 

這是最棘手的部分。

You can get lucky.

你可以獲得幸運。

You are at the right time, at the right place, with the right idea.

你在正確的時間，正確的地點，有正確的想法。

Your business takes off not because you are so smart that you predicted the future but

你的業務起飛並不是因為你有多聰明，你預測了未來，而是

because you found your passion.

因為你找到了你的激情。

Take the guys who got into YouTube early.

就拿那些很早就進入YouTube的人來說吧。

Philip the Franco, MKBHD, or pewdiepe.

Philip the Franco, MKBHD, or pewdiepe.

Back then, you couldn't even monetize your channel.

那時，你甚至不能使你的頻道盈利。

Even when you could, Youtubers earned pennies.

即使在你可以的時候，Youtubers也能賺到幾分錢。

It's just in the last 4-5 years, YouTubers start earning real money.

只是在過去的4-5年裡，優酷網友開始賺取真正的錢。

But whoever got into the game early on did ride that wave and is now making a fortune.

但不管是誰在早期進入遊戲，都確實乘上了這股浪潮，現在已經發了大財。


 But it's not just about luck.

但這不僅僅是運氣問題。

You can make the right decision even when there isn't enough information.

即使沒有足夠的資訊，你也能做出正確的決定。

Take Jeff Bezos, for example, he was a successful manager at a hedge fund in wall street, but

以傑夫-貝佐斯為例，他是華爾街一家對沖基金的成功經理，但

then he came across statistics that said - web usage is growing by 2300 percent year after

然後他看到統計數字說--網絡使用量以2300%的速度逐年增長。

year.

年。

So he tried to find a business plan that could take advantage out of that growth.

是以，他試圖找到一個可以利用這種增長的商業計劃。

So he made a list of 20 products that he could sell online, and he started with books because

是以，他列出了一份可以在網上銷售的20種產品的清單，他從書籍開始，因為

they are unique.

他們是獨一無二的。

First of all, there are a few hundred million titles, so not a single bookstore could have

首先，有幾億種圖書，所以沒有一家書店可以有

them in one place, and the idea behind amazon was to provide that one place for all of those

他們在一個地方，而亞馬遜的想法是為所有這些人提供一個地方。

books.

書籍。

They didn't even have to inventory all those books, they just kept best-selling books in

他們甚至不需要清點所有這些書，他們只是把最暢銷的書保留在

the store, and for the rest of the books, they used - just in time inventory where the

對於其餘的書，他們使用了--及時的庫存，其中的

supplies would get them the books in 48 hours.

供應品會在48小時內把書給他們。

Then they moved to music back when we used CDs to listen to music, and now they sell

然後他們轉移到音樂上，當時我們用CD聽音樂，現在他們賣的是

pretty much everything.

幾乎所有的東西。


 It wasn't clear where the internet would be

並不清楚互聯網會在哪裡

20 years later, but you could make a few predictions based on the facts that were available back

20年後，但你可以根據當時的事實做出一些預測。

then if you had a deep understanding of the internet.

那麼如果你對互聯網有深刻的理解。


 But most of these Internet companies failed,

但這些互聯網公司中的大多數都失敗了。

especially during the dot com crash.

特別是在互聯網崩潰期間。

And that takes me to the next point, which is - you can fail even if you have a 99 percent

這讓我想到了下一點，那就是--即使你有99%的成績，你也可能失敗。

chance of success because there is still 1 percent chance of failure.

成功的機會，因為仍有1%的失敗機會。


 So here is how people think.

所以這裡是人們的想法。

Let's say there is a 70 percent success rate if you start this particular business.

假設有70%的成功率，如果你開始這個特定的業務。

Most people would start that type of business because 70 percent is pretty high.

大多數人都會做這種類型的生意，因為70%的比例相當高。

But if you think about it, there is still a 30 percent failure rate.

但是如果你仔細想想，仍然有30%的失敗率。

Which means out of 10 business, 3 will fail which means its absolutely normal to take

這意味著在10項業務中，有3項會失敗，這意味著採取這種做法是絕對正常的。

that kind of risk, manage it but still fail.

這種風險，管理它，但仍然失敗。

Not once or twice but 3 times and only succeed on the fourth time.

不是一次或兩次，而是3次，第四次才成功。


 But we always like to think that the failure

但我們總是喜歡認為，失敗

rate is not going to happen to us.

率是不會發生在我們身上的。

Yes, 9 out of 10 startups fail, but it's not going to happen to me.

是的，10家創業公司中有9家失敗，但這不會發生在我身上。

I am different.

我是不同的。

My idea is better, I am more passionate, and so on, so when you fail, you give up because

我的想法更好，我更有激情，等等，所以當你失敗時，你會放棄，因為

you weren't prepared for it.

你沒有準備好。


 But the harsh truth is that, if you want to

但殘酷的事實是，如果你想

build wealth, be prepared to fail, Maybe once, maybe twice, or maybe 300 times like Walt

積累財富，要做好失敗的準備，也許是一次，也許是兩次，也許是300次，就像沃爾特一樣。

Disney who was 300 times rejected when presenting Micky Mouse, but then when he made it to the

迪斯尼在介紹米奇老鼠時被拒絕了300次，但當他到了

top and won 23 Oscars (Walt Disney).

頂，並獲得了23項奧斯卡獎（華特-迪士尼）。


 The problem is that time is working against

問題是，時間正在與

you, which is the next point.

你，這是下一點。

You have a limited number of years.

你的年限是有限的。

There is a limited number of times you can fail.

你可以失敗的次數是有限的。

Time is not on your side. 

時間不在你這邊。

So your job is to minimize that risk as much as possible by being the best in that field.

是以，你的工作是通過成為該領域的佼佼者，儘可能地減少這種風險。

That's why you need to discipline yourself.

這就是為什麼你需要約束自己。

Work more hours.

增加工作時間。

Educate yourself.

教育自己。

So effort alone doesn't pay off, but only if you use that effort smartly or as they

是以，僅靠努力是沒有回報的，但前提是你要巧妙地使用這種努力，或者像他們那樣

say - instead of working hard, work smart.

說 - 與其努力工作，不如聰明工作。


 It's really difficult to stay consistent over

要保持一致真的很困難，因為

a long period of time.

一段很長的時間。

After a few years of hard work, if you are not going to see any success, you will probably

經過幾年的努力，如果你不打算看到任何成功，你可能會

give up, that's why it's important to enjoy what you are doing, which is the last point.

放棄，這就是為什麼享受你正在做的事情很重要，這就是最後一點。

Because when you enjoy your job, that time is not wasted.

因為當你享受你的工作時，這些時間就不會被浪費。

Even if you fail, you are not going to regret it because you have been doing what makes

即使你失敗了，你也不會後悔，因為你一直在做的事情使

you happy.

你很高興。


 Let's recap, working hard alone is not enough,

讓我們來回顧一下，僅靠努力工作是不夠的。

and hard work is not going to pay off.

和努力工作是不會有回報的。

The only way to make real money is by making the right decisions when there isn't enough

賺取真金白銀的唯一方法是在不夠的時候做出正確的決定

information and there is still a pretty good chance that you will fail, so at least if

資訊，而且仍然有相當大的機會，你會失敗，所以至少如果

you are going to take that path, make sure you enjoy it. 

你要走這條路，確保你享受它。

If you have enjoyed this video, you will most definitely enjoy this custom playlist that

如果你喜歡這個視頻，你一定會喜歡這個定製的播放列表，它是

I have created specifically for you that has our most popular videos on .... that can potentially

我專門為你創建了有我們最受歡迎的視頻的....，這有可能是

change your life.

改變你的生活。

And now give this video the thumbs up that it deserves, and make sure to subscribe if

現在給這個視頻豎起應有的大拇指，並確保訂閱，如果

you haven't done that yet.

你還沒有做到這一點。

Thanks for watching and until next. 


謝謝你的觀看，直到下一次。