The Untold Truth About Money:

Let $ be the symbol for $1,000,000.

This is the appearance of ten million dollars. Both one hundred million dollars and one billion dollars would look like this.

The founder of Amazon, Jeff Bezos, has 117 times this much in net worth.

You are there.

The job you currently hold is most likely one that you obtained from your university studies.

Your living expenditures seem absurdly excessive, and you likely don't have much saved up. You also feel like you're not getting paid enough.

You need to pay off your credit card debt, possibly from your studies. Learning as much as you can for your degree and working at a job that you hope will pay well most likely, all you have is a bothersome student loan hanging over your head.

Accumulating wealth

All of it appears to be a far-off fantasy. You wonder, "How did they do it?" after witnessing all those millionaires and billionaires.

Those who arrived at such a young age, in particular, baffle you and make you angry. They were fortunate to have been born into a good family; the fact that they cheated to get that money does not make them evil or stupid, honey. I'm just unlucky that you had aspirations of purchasing that mansion, your favorite sports car, paying off your mortgage, and taking trips all over the world.

That's how they will always be. Only dreams No more, no less. You realize the unpleasant truth. The game has been rigged.

The game has been rigged against you from the beginning.

You are the one who is losing.

But what if I told you that you were mistaken? What if there was a way to get there, an actual equation to wealth, a science behind how money works? By the end of this book, you'll realize that there are sides to the coin that you're not seeing, but I warn you that the road is difficult, full of struggle, ups, and downs, and the need to swallow some challenges roofs of society and the educational system. I haven't told you yet, but let me be clear:

You will not reach the end of this road, many of you.

However, for those of you who do, money beyond your expectations awaits you at the end of this journey.

The freedom of never having to worry about money again is at the end of that road. Do you agree?

If you're still with me, let's avoid wasting any more time.

What do you think about money is this something you strive for is it earned or is it inherited?

Is it the root cause of all evil?

Are you desperate to have more of it? Have you been chasing it?

The fact about most of your life is that your surroundings and upbringing have shaped the majority of your financial beliefs.

Grow up to have money or maybe you extended it to the total opposite of the spectrum by deciding to get as much money as you can so that you will never be in that position again it immediately becomes apparent that your school did not prepare you much for this subject does not help things, and because of this most of you are going to have false beliefs about money that will not help you on this journey now stick with me here because we’re going to have to change the way you’ve been looking at money your whole entire life.

The wealthy, especially the elites have in the past been portrayed in Hollywood as backstabbing, arrogant, or corrupt individuals.

The question is have you bought into that stereotype?

a.

Wealth-X in a report published recently revealed the following, of the total global population of the super affluent with a minimum net worth of 30 million.

68 percent of them were Self-made and it looks like every other research strengthens this proposition of Warren Buffett, self-made billionaire Howard Schultz Howard Schultz born in poor Oprah Winfrey born in poor.

Jeff Bezos; Elon Musk; and Sara Blakely are self-made billionaires

What is it that these people know that you’d on truth is your equation is all wrong

here's the 2-dimensional equation that you’ve been taught money equals salary earned from a job past a certain point the prospect of getting a job turns into the only goal of education you can achieve during your whole life. Well, what is wrong with that you may ask?

I’m going to guess that if you’re reading this, you want to make money, a lot of money, and quickly if you will.

Maybe that is your purpose. Then this equation for making money will never take you there.

We all know that we have a valuable asset the single most important asset for Hall, and once it's gone

to retrieve that resource there is no chance whatsoever.

Time as in a normal workplace the amount of money one spends depends on the amount of work you invested in that job if you earned $20 an hour and worked 40 hours in a week, It would take you almost 24 years to gather a sum of one million – one hundred thousand US dollars.

But that is without excluding every tax or any cost you are going to face for the next 24 years and let us not forget that.

Inflation would reduce the value of the one million dollars to a fact. Oh, that is on a salary of $20 an hour?

One can only be rich at that old age if he or she has been a miser and most of that is precious.

A resource called time has gone away from your hand. You exchanged all that time for just money, and it was not even a reasonable amount of money as well.

So again you ask yourself. How it then that is there are persons who at such young ages can be millionaires and billionaires?

What makes them so different and the truth is they have a better equation than you they have a way of understanding money that you haven’t quite grasped the earth.

Focus now on the extreme next time does not run after the dollars like in the capitalist world.

These are as follows;

You are rewarded based on the perceived value that you have and the people who perceive your worth.

They are the market the economy for the consumption of the market is your friends your family your neighbors.

In your country, people complain that football players are overpaid, but for players to be paid millions of US dollars for kicking a football is unthinkable but there must indeed be the market for the football industry in the first instance.

The problem that arises here is that people have to have a perception with regard to the worth of football in the first instance so that they can bring their money to watch it.

Products and teams and if the market there is high demand for football well guess what: the players who are at their highest point are going to have something happen to them. They are, however, paid a good amount for that.

It does not work the cleaner who sweats and tires himself out every day is paid, far less than the accountant sitting behind a desk.

Why? Because the market appreciates the work done by cleaner than an accountant as much as it might sound rude the cleaner can be replaced by anybody. C’est facile d’apprendre à faire son travail.

And therefore the market will not pay him more than the accountant the guy who spent years studying numbers.

It’s looking at the guy who has saved his clients thousands on their taxes but even so, we just discussed how getting a job is in the right equation to amass a great amount of wealth in a shorter duration of time so then how can we raise or perceive value?

What is it in people like Elon Musk, and Jeff Bezos?

That makes their perceived value so high the first step to this equation of wealth is quite simple if you want money to solve problems and if you try to break down this statement for a second, you understand that practically all money is based on this fundamental idea.

If this does solve a problem then understand that nearly all money starts from this basic concept.

Money will be thrown at it that is to say; if the problem is a million dollars then the solution is going to make you Millions.

If it’s a billion-dollar problem, then the solution will make you billions and rethink all the issues that our site such as. Amazon addresses the problem of going to a store and the inconvenience of having to wait for weeks to have your supplies delivered at a cheaper price and so on not to list the other companies Amazon faces and the challenges that those companies address Jeff Bezos solved a billion-dollar problem and also got paid for that all that while if you have been chasing money, then you have been doing it wrong.

What can be said is quite paradoxical though; if you want money

So it’s not money that you should be looking for you should be looking for problems and more importantly the solutions to those problems and once you find that solution you need to make a business out of that solution.

Wait, so that's it

It will work like this, just solve problems and money will appear that’s why I’ve got to build the next Amazon to be rich or the next Facebook.

Well, Jesus or Google you’ve got to be kidding me, right? I don't even know how to code, I don’t even have the money to start a business venture of that nature that requires millions of dollars to set up.

It’s not even clinging to your wants more getting into the key behaviors is walking etc. They always start with a problem.

Pay attention to the market.

What are the things that individuals claim to dislike?

Which things do people wish existed?

What is it that irritates people? What do individuals consider to be extremely inconvenient?

Is that a problem that is worth tackling and one that you can handle?

The last phase in this equation for wealth is to solve the problem in a scalable way; your answer must have an impact on:

The number of patrons of a unscalable restaurant

The local area and foot traffic are your only options, but a franchise is more scalable these days.

Whether your answer is software implies that you can grow it after it has been developed.

Online indefinitely, with no need to worry about production or shipping expenses because everything is done digitally.

I wish you luck in securing a job of limitless scope, but be cautious: does your answer necessitate your time in order to produce revenue?

Suppose you were a yoga instructor who earned $100 an hour.

You just created another employment for yourself under the pretext of a business, congratulations!

Since you can only realistically complete a limited number of courses in a single day, your revenue is time-bound. However, if you developed an online yoga course that ran 24/7 with lessons that you just need to make once, this is scalable, and expanding your solution is crucial in this situation.

Do not overlook this topic, as automation is equally crucial.

If effectively implemented, procedures and processes will keep your company operating like a well-oiled machine. If there is anything in your company that you can hire someone to perform for you, If it makes financial sense for you, then go ahead and take action. Despite the fact that you may believe you are the greatest, it is not a good idea to take on everything yourself.

As soon as you figure out a solution, someone else can perform the task more effectively than you.

You are responsible for ensuring that everyone in your market can use the solution.

The market doesn't care about your passions or your ego, so now that you have a successful business with the proper systems and procedures in place, it's time to move on and reap what you sowed. There are two possible courses of action at this point: either continue your business or cash in and sell. For example, Instagram was acquired by Facebook for $1 billion, and PayPal was sold to eBay for $1.5 billion. 165 million went directly to Elon Musk's wallet, and innumerable liquidation events took place all around the world.

All of your hard work is going to pay off here. Your business is realized and there are many reasons why you might wish to keep operating your firm if you decide to do so.

You may want to stay with your baby because you love the business you created, or you may believe you can increase its value and eventually sell it for more than it is now worth.

Maybe that company operates in the background without much effort on your part to keep things moving, or perhaps these three factors work together. In any event, you did it. Since you were rewarded positively for solving a problem that the market needed to be solved, may I ask you what?

For what purpose was it all done?

It was never about the money for the majority of you.

Only our conviction in its worth supports the fact that money is only a piece of paper with a number on a screen.

Money was never the main focus of this from the beginning, resolving your mortgage, purchasing your ideal vehicle, and touring the world without worrying about money It's the independence you sought.

There was nothing monetary about your destination. It was an emotion, a sense. The freedom to do as you please, whenever you like, without ever having to consider if you can finance the things you have used.

All of my holidays for the year are up. How can I afford the rent? Can I make ends meet with my pension?

Which dreams will I have to give up?

Since I am unable to afford to pursue them. This book most crucial lesson was never about the nature of money.

It covered the topic of time, which is a valuable resource that we all possess but can never be recovered. Is it worthwhile to devote a significant portion of your time to a work that you most likely dislike?

Do you spend your days at work and then come home to watch television?

Dozing off, waking up the following day, and continuing the cycle until you retire

How many extra hours do you allow to pass due to this pattern?

Or maybe you accept that fact without question.

For the time being, you might have no choice but to go down that path, and if so, the only things you should be concerned about are a little amusement and perhaps a shift in viewpoint.

Some of you, however, are sympathetic to the viewpoint of individuals who wish to never have to worry about money again.

You will never again have to worry about money. Therefore, I feel compelled to encourage you to stop chasing money rather than problems and instead focus on finding solutions.

This is the formula that yields all money if you want to be free and never have to worry about money again.

So let's make problem-solving the most important struggle of your life.

Only you can answer the question of whether or not you will feel fulfilled at the end of the journey.

But maybe it's worthwhile to pursue your fight if it has meaning.

There is also your formula for success.

Naturally, there were many nuances in this video that I overlooked, including those about corporate finance.

The topic of entrepreneurship is far too broad for me to address in a single video like this one, but if you want to start down this path, I highly recommend reading MJ DeMarco's writings. He served as a major inspiration for this film, and it's also crucial to return.

Regarding the initial statement I stated at the beginning, the majority of people will fail for a variety of reasons.

But failing is the most crucial aspect.

failing quickly, moving on to the next endeavor, and engaging in activities unrelated to your business

However, you want it to generate revenue, so you might ask yourself, "What problems am I solving?"

might help you discover better methods to

Profiting from everything you're doing, including a job and a profession, if you can find additional solutions to difficulties and you can leverage a higher income at work by using the solutions available to you.

However, I'll wrap up by restating the point I made several times in this book.

Instead of pursuing wealth, focus on finding answers to issues.