You Can’t Earn Beyond Your Level of Understanding - page 2.

robelneo

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Quote from: UTON Blockchain on August 26, 2024, 04:07:50 AM

However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.

This is true in capitalist countries, businesses exist to provide products and services that people will yearn to have and use, in the end, people are working for what they want and not what their basic needs.

People after acquiring a new phone model are looking for the next model to acquire, take the case of the iPhone it has become the status symbol of people living in capitalist countries.

They are out of focus on what they need to sustain their basic needs so they remain slaves to the working environment they are used to, instead of setting up their business to have financial freedom.

Accardo

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Quote from: UTON Blockchain on August 26, 2024, 04:07:50 AM

It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset.

Today, Intellectual properties thrive in the tech world, and the idea of physical properties is getting sidelined by the billions of dollars software generate. Two months ago, I saw a video on Instagram where “Pavel Durov” the CEO of telegram mentioned he doesn’t own any physical property.

stadus

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Quote from: Zoomic on August 28, 2024, 12:23:41 PM

Information is indeed power. What most people need to actually earn more and become rich is the right information. Information about business opportunities, investment opportunities, employment opportunities, skill acquisition opportunity, intellectual opportunities etc. A person who does not strive hard to get exposed to the right information will be limiting himself and his level of understanding too. His focus will only be on the little things he already knows and not the big picture outside he knows nothing about.

We should not be surprised to know that there are still people who have never heard of bitcoin and it's ability to give them that wealth they've been wishing for, for years. Just a few seconds of comprehending the knowledge about Bitcoin can change their mentality and perception about lots of old ideas they've been holding on to for years.

Right indeed. Where there are logical information available, the best opportunities are also there. So it's really essential to be rightly informed by all means, because that will pave way only positive results and discard those negative ones. Also, what you don't have will not make you achieve something, but if you have all the right information needed, there's less chances that you will be misled but will mostly get straight to your target.

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Quote from: Iranus on August 29, 2024, 05:03:08 AM

Many years ago, when I was a worker at a company, I heard about the history of my company. Our chairman of the board is an uneducated man, and comes from the underworld, but he rose through his own courage and daring as well as through connections. Meanwhile, all employees such as general directors, executive directors and below of the company have master's, university, college degrees...So is it true to say that people without high education, without degrees, will never have the opportunity to earn more money than people with high education?

As I said, there is no single formula or path that leads us to wealth, there are thousands, millions of ways to help us become successful and rich. Just because we haven't experienced it, seen it, or are incapable of doing it, doesn't mean others will be like us.

A person's income is not measured by how high their education is, but how persistent they are in trying, people who are persistent and never give up will get results commensurate with their struggle, many people are smart in education but they are picky in work, but people who are low education will take all the work as long as they can make money, that way they will continue to learn about how to make more money, and they always try continuously until they reach the point where they want, in terms of education alone it cannot measure like other people that is being persistent in fighting for success, in the world of commerce what is important is being persistent in trying, never giving up, failing, trying again, falling and getting up again, that is the key to success for someone who is active in trying.

ethereumhunter

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Thinking getting rich with luck, connection, or working harder is easy but the action will not be easy as you need to use all of your ability to earn more and more money. Investment is another ways to make money but you must know everything before you decide to pick one or two type of the investment. Without learning about the investment, you will get the wrong investment type that will makes you lose your money. If you want to rich, you must search for the ways that will help you to earn more money and once you can earn money, you can works smart and harder than other people. But you must realizes that getting rich needs time because no instant way to rich. When you can open your minds about the new ways to make money, you will see that you have more options to earn money but many times we are lazy to do one things for some time. We want to get rich in a short time and that is normal but you must realizes that you need to work and something that can help you get rich.

Iranus

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Quote from: $anounimus$ on August 27, 2024, 11:45:59 AM

Quote from: Iranus on August 27, 2024, 04:57:59 AM

It is naive to think that only people with knowledge, education and degrees can make a lot of money and the rest cannot. In theory yes, but in reality, our world doesn't work that way. If we have knowledge but no courage, do not dare to take risks, then do not blame fate that we are not luckier than others. While those who know they are not good but still dare to take risks, step out of their comfort zone and dare to make trade-offs, the results will be completely different.

Not to mention, wealth sometimes comes from relationships, luck...this is not new and there have been many such cases. In short, wealth comes to us in many different ways, there is no single path or formula when it comes to wealth.

But in life, we cannot wait for luck to come to us because there is no guarantee. So instead, try to improve our knowledge, work hard, try to step out of our comfort zone...seek wealth and wealth will come to us.

Knowledgeable people are indeed a little more advanced and have more knowledge than others. It's just that in the reality of life, that may not apply because around us there are also some people who do not have a higher level of education but they are quite successful in managing their businesses. I think people who dare to do something and face risks will find it easier to reach the path of success. What you have mentioned are some of the paths that must be taken and I believe that these positive things are the leverage for someone to continue to develop themselves and their business path.

Many years ago, when I was a worker at a company, I heard about the history of my company. Our chairman of the board is an uneducated man, and comes from the underworld, but he rose through his own courage and daring as well as through connections. Meanwhile, all employees such as general directors, executive directors and below of the company have master's, university, college degrees...So is it true to say that people without high education, without degrees, will never have the opportunity to earn more money than people with high education?

As I said, there is no single formula or path that leads us to wealth, there are thousands, millions of ways to help us become successful and rich. Just because we haven't experienced it, seen it, or are incapable of doing it, doesn't mean others will be like us.

barisbilgili

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Quote from: Farma on August 29, 2024, 02:46:15 AM

Everyone certainly needs every information in any case because without having information of course it will make it difficult for them to develop for the better and to be able to obtain this information of course we must have a wide relationship so that we can easily receive information from various things and if someone limits themselves to obtaining information of course they will find it difficult to accept new things and also it will be difficult to develop themselves for the better.

In my opinion, currently everyone knows about Bitcoin, but only a few people who want to know can take advantage of the potential of Bitcoin, but for some people who do not want to learn it, of course they will not be able to benefit from Bitcoin and it is true as you said if they want to take the time to learn it, of course they will try to have it and invest the funds they have.

It all comes back to the desire to do it or not because if we have the desire to make money from Bitcoin investment or Bitcoin trading of course we will try to learn it.
So the point is everyone has the same opportunity in everything to gain knowledge depending on the level of belief and willingness to try to learn it.
And personally I think everyone's level of understanding is the same, it all depends on yourself in the learning process, and it must be admitted that not everyone wants to learn something.

Farma

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Quote from: Zoomic on August 28, 2024, 12:23:41 PM

Information is indeed power. What most people need to actually earn more and become rich is the right information. Information about business opportunities, investment opportunities, employment opportunities, skill acquisition opportunity, intellectual opportunities etc. A person who does not strive hard to get exposed to the right information will be limiting himself and his level of understanding too. His focus will only be on the little things he already knows and not the big picture outside he knows nothing about.

We should not be surprised to know that there are still people who have never heard of bitcoin and it's ability to give them that wealth they've been wishing for, for years. Just a few seconds of comprehending the knowledge about Bitcoin can change their mentality and perception about lots of old ideas they've been holding on to for years.

Everyone certainly needs every information in any case because without having information of course it will make it difficult for them to develop for the better and to be able to obtain this information of course we must have a wide relationship so that we can easily receive information from various things and if someone limits themselves to obtaining information of course they will find it difficult to accept new things and also it will be difficult to develop themselves for the better.

In my opinion, currently everyone knows about Bitcoin, but only a few people who want to know can take advantage of the potential of Bitcoin, but for some people who do not want to learn it, of course they will not be able to benefit from Bitcoin and it is true as you said if they want to take the time to learn it, of course they will try to have it and invest the funds they have.

Akbarkoe

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Without deeper knowledge about investment and business, it will be very difficult to achieve wealth and success. Because without it, it will be quite easy for someone to sneak in loss and financial trap. And besides that, living in a system that encourages someone to consume and compare it with the lives of others. This could have turned out the focus of the person on long -term goals. Therefore, it is important to stay aware and disciplined so as not to get caught up in the unnecessary expenditure and debt cycles.

And by developing a strong on the way the market, business and investment work, which is not only about the lounge but also about building a solid foundation for long -term growth. When someone is able to create even able to see an opportunity that is not seen by others, then that person has a significant advantage in achieving financial goals.

serjent05

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Quote from: mindrust on August 27, 2024, 11:54:00 AM

That's a known fact. Getting rich is easier than keeping it. I am not saying getting there itself easy but some people get there pretty fast because they are lucky. Sometimes their grandma dies and they inherit lots of money and then they bet all on intc right before its earnings and boom 30% of that inheritance goes out of the window just like that.

People often dream about the great stuff they would do if they were rich. Most of the time they dream about getting poor again but they don't know that.

True that, I have known people who get lucky to be able to inherit millions of dollar but after some years they are back to square one. It is much harder to maintain wealth than getting it since there is a lucky aspect of gaining wealth while maintaining it requires skills and knowledge which is hard to come by for a person who just got lucky and become wealthy.

We also see several scenarios like that in the gambling industry where a person hits a jackpot or wins a lottery but later end up worst than before they get that winnings.

On the argument about earning beyond the level of understanding of people, true that even those who lacks knowledge but understand that if he goes with his financial literate friend's strategy, he will gain much wealth than him doing his venture alone.

Dr.Bitcoin_Strange

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Quote from: Qiubell5 on August 26, 2024, 07:33:13 PM

Everyone has the opportunities to gain brightness in the future, it depends on us to take advantage of the opportunities itself by looking and thinking carefully, I am sure with the interests and skills that you have, it is easy to go through it all, although the opportunities for wealth that we get there are challenges that we will encounter.

Some people are surrounded by different good opportunity in life but not everyone has such opportunity and the mistake that some people have made was that they allowed all the good opportunity they had to slip away, while those that only had a small opportunity have become so successful. That's why I said before that success relys on so many factors. Its not about having a bright future or being surrounded by many opportunities, it's about being able to adequately utilize those opportunity.

Rockstarguy

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Quote from: mirakal on August 26, 2024, 07:10:47 AM

Quote from: Dr.Bitcoin_Strange on August 26, 2024, 06:47:20 AM

Different principles worked for different men. Naturally, some people are just lucky, or I can say that they are often privileged to have good opportunities at all times. These opportunities make them explore. I remember I read the story of one rich man who said that he was already rich even at the age of fifteen, but then he had no very good knowledge of how to grow the wealth or preserve it. It was in the later year that he developed his knowledge to create more wealth. So, people are different, and the opportunities they get are also different.

Building wealth from scratch requires a lot of effort, knowledge, luck, hard work, passion, determination, mindset, etc. It doesn't just require your mindset to build wealth from scratch. You might have the mindset to be rich, but it might not come as quickly as you desire. At that point, passion and determination will keep you guided.

I guess everyone of us here set a goal to be rich, but the problem is, not all of us have given equal opportunities to achieve that goal. While some may struggle to get rich in the process, some are just privileged enough that they can easily get rich even without putting a lot of hardwork and efforts, connections is the key. Accept it or not, it’s not the mindset or the attitude of an individual that will set him to get rich, but having good connections is the trend. And rich people have more connections than the poor ones, that’s why when poor individuals aim to get rich, it may took a lot of years before he will achieve that goal.

I just know in life there is no formula for wealth making which people needs to apply and it will surely bring wealth to people, but still there so many things that needs to be done for one to be able to achieve wealth. The people we meet and habit of reading to expand the knowledge is what can not be kept aside when we think of wealth. If you want to go far in life the people you meet and books you read have a lot to do. Good planning and good management of money is also important in achieving wealth because it is gained by investing money into valueable asset.

The environment can also be a barrier of making dreams come true. Some people have done everything that on normal it suppose to brings value in one's life but the environment is a serious factor whereby there is no opportunity to grab which can lead to financial uplifting. Environmental factors is a serious issue that hinder the dreams of people to come through, that is why people needs to be observant and have understanding, if the environment is not bringing opportunities that can lead to betterment, the best thing is to change environment.

coolcoinz

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Quote from: mindrust on August 27, 2024, 11:54:00 AM

That's a known fact. Getting rich is easier than keeping it. I am not saying getting there itself easy but some people get there pretty fast because they are lucky. Sometimes their grandma dies and they inherit lots of money and then they bet all on intc right before its earnings and boom 30% of that inheritance goes out of the window just like that.

People often dream about the great stuff they would do if they were rich. Most of the time they dream about getting poor again but they don't know that.

Maybe this is true, maybe not, but most people that I know were never rich and probably never will, so getting rich is not that easy. If keeping it is harder than getting it, it's already hard as fuck and can only get harder Cheesy

I wish I was rich and able to test this theory.

That brings us to another problem - relativity. I think I'm not rich, but I realize that to some of my neighbors and friends I am because, for instance, I drive a new car. It's nothing expensive, but it's new, so for some people who drive 10 year old cards, I might look like a rich guy. What is being rich really? Should we look at people close to us, or maybe globally, but what's the point of comparing yourself to someone in a country where average wage is 3 times higher than yours?

GiftedMAN

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Quote from: Adbitco on August 28, 2024, 01:57:01 PM

Quote from: GiftedMAN on August 28, 2024, 01:37:10 PM

Quote from: Adbitco on August 26, 2024, 08:11:16 AM

Now let dive down..
Attitudes + Knowledge + Skill + Luck is what gives us success towards everything we do, that is why when any of this is missing in a man or in people who are succeeded you would see that it will be hard for them to maintain and sustain it for long time. But anyone who has this in them would find it hard to get back to their previous stage instead would growing exponentially.

From the above things you mentioned, it is very difficult for anyone to succeed in life and business without having them unless that person succeeded through inherited wealth because that is the easiest way some people become rich without having experience in business or good skill but at the long run some people still become broke after inheriting properties as a result of lack of knowledge to channel the resources to produce more sources of income.

Adding the right application to the things will mention will definitely help anyone to become successful not forgetting to add discipline and financial management as it helps to sustain the wealth of any wealthy people on earth.

If I am not mistakingly saying, just checked within and around your state those whom you know to have inherited wealth it could be personal properties and many more, some of them where trained to know how to manage wealth even before such parents leaves a wealth for their children he would know the characters of the children and among all he would give signatory to the one who is more careful and have those characteristics I have outlined above.

So anyone who missed all this would definitely waste those resources immediately after the rightful owner might have joined their ancestors. That is why lots of inherited wealth has been sink down without maintaining them for long run.

Yes you are right, the people who inherited wealth will be trained to know how to continue to run the family business before their parents will leave the family business in their hands even in some cases where the child to inherit the wealth of the family is not grown they normally put the business in the hands of someone else who will teach the child when the parents is no longer available until the child become of age and understand the business very well.

A lot of inherited wealth has been destroyed as a result of poor management, lack of knowledge and discipline it takes someone with good skills in a particular business to be able to run it effectively.

Fortify

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Quote from: UTON Blockchain on August 26, 2024, 04:07:50 AM

It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.

However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.

This is a good way to frame it and quite accurate in the real world of work. Life is and always has been a struggle, but educating yourself in as many avenues as possible can help you get ahead. Many kids think it is useless, however it's only when you are older you realize how paying attention at school and absorbing all that knowledge can get you ahead in life. If you can learn anything after that point, you should definitely try to read as many financial books as possible and Warren Buffett gives some tremendous advice in all of his annual general meetings. We are very much taught to live in a consumerist world and it's those people that learn to ignore it who will do the best in life.

Adbitco

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Quote from: GiftedMAN on August 28, 2024, 01:37:10 PM

Quote from: Adbitco on August 26, 2024, 08:11:16 AM

Now let dive down..
Attitudes + Knowledge + Skill + Luck is what gives us success towards everything we do, that is why when any of this is missing in a man or in people who are succeeded you would see that it will be hard for them to maintain and sustain it for long time. But anyone who has this in them would find it hard to get back to their previous stage instead would growing exponentially.

From the above things you mentioned, it is very difficult for anyone to succeed in life and business without having them unless that person succeeded through inherited wealth because that is the easiest way some people become rich without having experience in business or good skill but at the long run some people still become broke after inheriting properties as a result of lack of knowledge to channel the resources to produce more sources of income.

Adding the right application to the things will mention will definitely help anyone to become successful not forgetting to add discipline and financial management as it helps to sustain the wealth of any wealthy people on earth.

If I am not mistakingly saying, just checked within and around your state those whom you know to have inherited wealth it could be personal properties and many more, some of them where trained to know how to manage wealth even before such parents leaves a wealth for their children he would know the characters of the children and among all he would give signatory to the one who is more careful and have those characteristics I have outlined above.

So anyone who missed all this would definitely waste those resources immediately after the rightful owner might have joined their ancestors. That is why lots of inherited wealth has been sink down without maintaining them for long run.

justdimin

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Quote from: Iranus on August 27, 2024, 04:57:59 AM

It is naive to think that only people with knowledge, education and degrees can make a lot of money and the rest cannot. In theory yes, but in reality, our world doesn't work that way. If we have knowledge but no courage, do not dare to take risks, then do not blame fate that we are not luckier than others. While those who know they are not good but still dare to take risks, step out of their comfort zone and dare to make trade-offs, the results will be completely different.

Not to mention, wealth sometimes comes from relationships, luck...this is not new and there have been many such cases. In short, wealth comes to us in many different ways, there is no single path or formula when it comes to wealth.

But in life, we cannot wait for luck to come to us because there is no guarantee. So instead, try to improve our knowledge, work hard, try to step out of our comfort zone...seek wealth and wealth will come to us.

The difference is that, billionaires could come out of anywhere, you could be a drop out, you could be smart, you could be educated, you could be anything if you just want to be a billionaire, because there are so many things involved about that. But if you just want to have a normal job, and want to live a comfortable life, as in like have a house, wife, two kids, a car, maybe even two, and send them to decent schools until college, that all comes down to a great education.

Harvard guys may not end up being billionaires all the time, but they sure can afford a house sometime during their life, and cars too. This is what we are talking about when we say education, you need to have education to be at that level, it helps at least.

GiftedMAN

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Quote from: Adbitco on August 26, 2024, 08:11:16 AM

Now let dive down..
Attitudes + Knowledge + Skill + Luck is what gives us success towards everything we do, that is why when any of this is missing in a man or in people who are succeeded you would see that it will be hard for them to maintain and sustain it for long time. But anyone who has this in them would find it hard to get back to their previous stage instead would growing exponentially.

From the above things you mentioned, it is very difficult for anyone to succeed in life and business without having them unless that person succeeded through inherited wealth because that is the easiest way some people become rich without having experience in business or good skill but at the long run some people still become broke after inheriting properties as a result of lack of knowledge to channel the resources to produce more sources of income.

Adding the right application to the things will mention will definitely help anyone to become successful not forgetting to add discipline and financial management as it helps to sustain the wealth of any wealthy people on earth.

Zoomic

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Information is indeed power. What most people need to actually earn more and become rich is the right information. Information about business opportunities, investment opportunities, employment opportunities, skill acquisition opportunity, intellectual opportunities etc. A person who does not strive hard to get exposed to the right information will be limiting himself and his level of understanding too. His focus will only be on the little things he already knows and not the big picture outside he knows nothing about.

We should not be surprised to know that there are still people who have never heard of bitcoin and it's ability to give them that wealth they've been wishing for, for years. Just a few seconds of comprehending the knowledge about Bitcoin can change their mentality and perception about lots of old ideas they've been holding on to for years.

yudi09

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Quote from: UTON Blockchain on August 26, 2024, 04:07:50 AM

It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.

Putting it first means mindset and then action. I might agree because action comes from a rational mindset. Rational action is also based on good knowledge. Take how investing works, for example. The chances of losing are more certain if it’s not based on action that starts with a mindset and that’s part of the risk and the risk is real, like choosing the wrong type of investment.

Topic: You Can’t Earn Beyond Your Level of Understanding - page 2. (Read 767 times)