Logic of life - page 8. | Bitcointalksearch.org

Desmong

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Quote from: Kara3 on May 27, 2023, 05:31:45 PM

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of what he knows or can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.

Maybe you have forgotten that rich people do not work, they employ people to work for them that is why you them also making more money because they do sack any person that is not productive to there business. The logic of life can be very complex not simple. There are some certain things we need to know for us to make money as human and in all we need finance to step it up.

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Quote from: Mihaylovic on May 29, 2023, 02:53:09 PM

your earning potential is directly related to your knowledge. you should study hard

Besides you have to study hard to change your earning potential. there are other things that you consider achieving success. among others

1. Wealth starts from Mind / Mental
- Very strong Goal with Strong Why
- Visualization

2. Focus on Creating, don't compete.
- focus on creating/producing a thing "Products / Services"
- focus on building a network of great people who are on the same frequency
- Money will come in the same direction as adding value to others.
- Money = Value Added
- You will earn good money if you think about what benefits others.

3. Become a person who always grows
- Progress in life requires you not to be satisfied with current conditions.
- No matter how good the quality of the services you are currently producing, you can increase your service output even better with the times and technology.
- No matter how much you know and learn, you always have to learn more.
- don't be easily satisfied with what you earn, you can always earn more.

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Knowledge is a valuable asset, but it needs to be effectively applied through action. Without action, knowledge still has untapped potential. So the way we act with purpose is an important factor in converting knowledge into results. In addition, diligence and hard work are also important parts of making optimal use of knowledge. Even with limited knowledge, your willingness to put in the effort and hard work can achieve remarkable results. Diligence, perseverance, and discipline are qualities that allow you to overcome challenges, persevere in the face of failure, and constantly strive to improve. So try to use them as well as learn more to be able to bring out the best in your environment.

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My professor knows a lot but there are many people who don't know half of what he knows but are earning far more than him, there are even people who never saw the four walls of school but are earning very well in there choice of business, the truth is that knowledge is important but it's not always about knowledge to be earning high.

You need the knowledge that's very correct but you also need some other factors to back the knowledge up, you need to have discipline this is very important and can also help you to be consistent, also you need hard work and recognizing your good opportunity. This are just few of the vast elements to success.

Mihaylovic

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your earning potential is directly related to your knowledge. you should study hard

Vaskiy

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Knowledge is the absolute thing that can bring win situation to each and everyone. At the same time it is wrong that what you know will bring money. When a person starts to make money out of a business, he spends it further on other businesses. It is kind of diversification. This doesn't mean that the business have acquired knowledge and investing into other business. It is his ability to manage and find the right person to work for him. In some cases what OP have said is right, but that doesn't suit every situation. However seeking knowledge will bring wealth, with some people it gets delayed.

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Quote from: Kara3 on May 27, 2023, 05:31:45 PM

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

This is faulty and fallacious.

As someone who has worked in different paid jobs, I tell you this for free. People are paid based on what they are exposed to and their strength of bargain. Most times it's fear that makes job seekers and employees bargain less. Fear of losing out, and that's real. We can't really blame anyone who does that because there's job scarcity, especially in Africa where I come from. I've seen people leave jobs for better pay while they didn't take on any extra knowledge. Sometimes it's poaching from a sister company. I've left a job for another on the same job specification but to a bigger company on a 50% upward review. In fact, in the new company I even worked less because we were two in the same office doing the same work which I did alone in the former company.

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OP is right, generally speaking, you don't need knowledge to inherit wealth. Inheritance is one factor that made lots of billionaires today. However, in an entrepreneurial sense, learning different things won't help. A person should focus on learning one business in different manners and strategies. A salesperson that reads materials and listen to podcasts on sales strategies will definitely improve their sales knowledge and increase revenue. But, if the same person spends time reading about how to fix cars, cook, fly, etc that knowledge won't be of use to the revenue of that individual because it's not in his niche.

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Quote from: Ryu_Ar1 on May 28, 2023, 04:33:49 PM

Seeking knowledge is indeed a good thing, but if it is only limited to seeking knowledge without any action it will only be a theory and theory is nothing more than that.
What you said is quite good because indeed knowledge is one aspect that is quite important but only with knowledge alone it is not enough for now.
There need to be several other factors to support the knowledge to succeed, one of which is to dare to try and try hard in the experiment.
We are not wrong to seek knowledge but when we only focus on finding as many theories as we have but do not want to try something new and put effort into it we will not have more knowledge called experience.
Theory basically will not always be the same as the reality that will be faced so you need to realize the knowledge you have with some things that must be done to support your life.

indeed! without experience, such knowledge will remain a theory. and you won't know if is truly feasible or not. you need actual proof that the theory works or not. meaning, you need to test your theory.
and with experience, you can always improve your theories as you will consider more variables in your study that you missed out when you formulate your theory. and that means, your theory now is more relevant to the actual situation you are studying.

Ryu_Ar1

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Seeking knowledge is indeed a good thing, but if it is only limited to seeking knowledge without any action it will only be a theory and theory is nothing more than that.
What you said is quite good because indeed knowledge is one aspect that is quite important but only with knowledge alone it is not enough for now.
There need to be several other factors to support the knowledge to succeed, one of which is to dare to try and try hard in the experiment.
We are not wrong to seek knowledge but when we only focus on finding as many theories as we have but do not want to try something new and put effort into it we will not have more knowledge called experience.
Theory basically will not always be the same as the reality that will be faced so you need to realize the knowledge you have with some things that must be done to support your life.

Iadegbola34

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Indeed, knowledge and skills play a crucial role in our earning potential. Continuously seeking knowledge and expanding ones skill set can open up new opportunities and help us progress in our careers.

However, it is important to note that knowledge is not the sole determining factor in one's income. External factors such as market conditions, economic trends, luck and personal circumstances can also influence earning potential. Moreover, factors like networking, meeting people of timber and calibre and strategic decision-making can significantly impact income growth.

hannahB4

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Everybody has a perspective on life and this write-up may be because of the economy and country you find yourself in. Sometimes, knowledge alone is not useful but its applicable, most successful people today didn't have Ph.D. in their line of business but they have a business idea, go for it and luckily the business survived. Don't forget we have people who are under employed because of the society and economy they find themselves.

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Quote from: Kara3 on May 27, 2023, 05:31:45 PM

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of what he knows or can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.

Knowledge are always very important in very aspects of life, especially in business, we seriously need knowledge to accomplish our ideas in business if want to be successful in our business careers, let take cryptocurrency trading as an example, it is those people with good knowledge are those making reasonable amounts profits from it, so in that aspect when seriously the knowledge.but in other way to be rich is this world is not only about knowledge alone you also need lucky in other ways, why I am saying because there are a lot of people outside there with good knowledge but that have not turn them to rich.

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While it's true that you need to know more so that you can earn more. But if you've got also a brilliant mind, even if you don't know something but you're able to use others intelligent mind and start earning from it. There are too many strategies that one can do.
It's all about being wise and working smartly through outsourcing some of these jobs and you'll be the one like doing the middleman thing by finding clients and proposing stuff to them. In the end, yes, it all comes by being knowledgeable and how sellable you are.

Dimitri94

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Quote from: Kara3 on May 27, 2023, 05:31:45 PM

The logic of life is that you can't earn more than you know, Any amount you are earning today is 80% as a limit of what you know.
The richest man on earth is earning whatever amount he is earning due to the advantage of what he knows or can do.
So, before you can move from earning $100 dollar monthly to $1000 per month, One of the major thing you must scale up is your knowledge. So ask yourself, what should I know that can make me ×2 my monthly income? Seek knowledge always.

No one will get success without knowledge. But on the financial side it is sometimes different. There can be a chance to earn a lot of money from one's inherited wealth. Anyone can earn more money through lottery without knowledge. But what I can say from the side of a common people is that a man must work hard in addition to knowledge otherwise success is not possible. Knowledge and hard work cannot be separated. It is not possible to reach the desired level with one without the other. To increase a person's income, he has to reach the desired goal with intelligence and hard work.

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patience for it. we can't really immediately get x2 income every month. but I calculated that if the daily profit target is ten percent then at least a month makes three hundred percent profit from it. it's just that this is just a target because an unstable market doesn't necessarily mean that we can really get it.

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Quote from: Kara3 on May 27, 2023, 05:31:45 PM

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of what he knows or can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.

I can say the 80% stand you have put for human achievement is not true because what about the richman who made his achievements to the top from the opportunity and advantage he has, he used it and go to the top which is 100%. People don't have the same opportunity or advantage and the people having better advantage get to the top, better advantage if it is linked with knowledge the person get a 100% achievement. I don't believe everybody is in the point of 80% because you have example with the richman and that means he used opportunity he has and struggle beyond 80% and any body can achieve that when they have good economic empowerment to support there enterprise they have.

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Quote from: Kara3 on May 27, 2023, 05:31:45 PM

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of what he knows or can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.

That is particularly flawed cause that takes into account the idea that "you have to be knowledgeable and hardworking in order to make it out of the poverty line" which is just wrong. All of this is coincidental. People that are dumber than us are getting millions of dollars while they sleep while the rest of us are working for them 9-5 on a poorly-conditioned factory with no bathroom breaks for "maximum efficiency". Are you saying that abuse of human rights come with the knowledge to succeed?

It's not all about what you can do and what you know, it's also a matter of how open are the opportunities for you. Most of the time, especially for third-world countries, opportunities never come in a lifetime. So are they supposed to be smarter to be successful? What if the circumstance doesn't allow you to?

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Quote from: Kara3 on May 27, 2023, 05:31:45 PM

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of what he knows or can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.

To be honest I don't feel knowledge is proportional to the amount you earn. If you see the actually the rich, you would see their value appreciates because of the incremental value they provide and not only due to the knowledge of things. And after a point capital attracts capital, even if you have knowledge that's not suffice you need a huge capex to setup the value adding service or product so obviously this isn't logic of life.

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Success and rewards are often the result of hard work and strategic actions. While knowledge plays a crucial role in improving one's life, it doesn't guarantee wealth or a successful lifestyle alone. Consider the example of an individual who wins a large jackpot and becomes wealthy without relying on knowledge or skill. Although knowledge is essential for personal growth, financial success can also come from fortunate circumstances or opportunities. Therefore, while knowledge contributes to a better life, it's not the sole determining factor for acquiring wealth or leading a prosperous life.

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