Saturday, August 31, 2019

How To Escape Poverty - 'Is Your Thinking Keeping You Poor?' - Professional Speaker Douglas Kruger

Here is the video. I like to watch the video again. My previous watch is here. I like to take more notes this time.

The wheelbarry way -
How do you do it?

1. To exchange time for money
2. Do not take risk
3. ...

The rich person of you ...

move to your career slowly and gradually. From time to time, one inspiring idea ...

You have to have them, and act on them.

5. Leave the ranks.

Generations of poverty. Thinking is ...

Five people are close to you.

Thinking about work and wealth. Need to associate ourselves to highly successful people. Do not dump your parents.

Average five people are close to you. One policy is to promote poverty, try to help people.

Idea
Idea to give money to young mom.

6. Positions determine your pay scale.

You are celebrity of your industry. Take some example, top five chef in the world. She is top 100. She is top 1000? Why she outearn all of them?

Knowledge is everything. But you should give a brand. Bring into humanity.

Do not make a wave.

Billion people do IT. One of talks on TED - economy

World rules by doctor. But those BA, think critically.

8. Do not fix it bottom line

80% of energy save what you have, 20% of energy to make more.

Winter is ...

20% energy to save money. Middle class of people think that saving is most important.

8. Risky
Risky is new way to be safe.
Most dangerous way to do is to put one basket. Also 40 to 50 years and retire safely.

51 days safety. Be entrepreneur is risky.

Try 10 crazy ideas - only 2 ideas work.
Multiple streams income is more safe.

Risk-aversion & permission to fail

Let it mock you. Give them permission to trial and fail.

You are not separate from your goals.

Do not think poor.

Actionable Items


I need to carefully choose five people close to you. Who are those people?


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