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

Well, ladies and gentlemen, good afternoon, what a pleasure to be here. Quick question: who owns a Ferrari? Seriously, not a single one. A couple of weeks ago I saw something that you don't see every day. It was an accident between a Ferrari and a VW Golf when I arrived, the VW Golf was on one side of the road and was a little shorter than it was supposed to be originally and on the other side of the road was what used to be a six. Foot three bright red Ferrari, but now it was a four foot two Ferrari a little crustier and you walk past that and think that's a really bad day for a rich person and it's not something you see every day, so I stopped my car.

I put a little fit a comment on Facebook and said let's have a moment of silence for the fallen mighty never again to go from zero to one hundred in six point three or three point six seconds and the reaction I got from some of my friends on Facebook was interesting people said they didn't say things like what a shame, what a shame, what a loss, they said, he deserves it and the hate kept coming, one comment after another, how can you drive a car like that in a country? well our roads are bad that's why he was probably drunk one person stopped right before accusing him of being a child molester and it was fascinating to me just to see the level of hate directed at this Ferrari driver now here's the interesting thing about it the only Information that I put on Facebook was that there was an accident between a Golf and a Ferrari, that's all, we don't know who was wrong, we don't know if it was the driver of the Golf who made the mistake, we don't know.

If a dog didn't run across the street and cause this, but what's interesting is that it showed a belief system that most of us don't even know we have, it's a prejudice against the rich, it's fascinating now in a room like this. We are all studying and working to build careers, build futures, become high net worth people, let me ask you a question: do you think you can become a high net worth individual at the same time hating rich people? It's a self-limiting belief and it actually gets in the way, but the fascinating thing is that the kind of

thinking

that is passed down to us from generation to generation is invisible, it was once beautiful, right?

And I'm not the only person who has actually seen this in motion. Watch Top Gear, yes, yes, absolutely. Top Gear fans join me for a moment here, the rest of you can go to sleep. Jeremy Clarkson says that in the United States you see a person drive by in a Bentley and the reaction is that one day I will be there. in one of those and he says it's different in Britain, he says in Britain you see a guy go by in the Bentley and you say one day I'll get him out of that, that's a little more sinister, isn't it a little darker ? and it's really interesting because particularly in South Africa we have spent decades trying to unravel a belief system about racism that has been passed down from generation to generation, but we are not aware of other beliefs that have been passed down to us, particularly beliefs about people rich and here.

We all pursue these goals and we pursue these lives and at the same time we feel uncomfortable talking about money or rich people as if they are obviously evil, they come from the devil, let's take a look at how this thought is created, how it is generated. how it is passed down from generation to generation and how it can prevent you from achieving

your

goals the point is to unravel it get it out of our minds have in life and become all that God intended us to be in my family if we go back two generations to my grandmother, she used to work in an English manor house in Manchester, has anyone here ever seen the show on TV?

A fairly amateur show called Downton. Abbey, has anyone seen it, no, okay, the basic idea is that you have two groups of people, you have the upper class people who own this Abbey, they are sort of semi-royalty in the UK, then you have the people. Downstairs those who run everything they do the cooking they do the sweeping and cleaning are the staff my grandmother was part of the manor house but she was not the people upstairs she was the people downstairs she was one of the maids who helped maintain this manor house clean and if you have to see pictures of the way they dressed at that time, it was the old style clothing, she had the little apron and the maid's outfit and the duster and it's all we thought of a little perverted today, but of course at that time it was nothing like that.

This was a woman who worked incredibly hard from dusk to dawn. She was a woman whose back was cut most of the time. This was a woman that if you ever met her and put

your

hands on her you would find nothing but calluses and the most important thing was a woman who had no voice in the face of authority because the

thinking

back then for both the lower classes and for women it was stay quiet, don't make waves, be a cog in the system we don't want to know you exist we just want to see your work done and this is the type of thinking that is then passed down from generation to generation and the interesting thing is that When my dad arrived My grandmother was looking for the best advice she could give her about work and wealth and how to make your way in the world.

She was poking around in her mind and she came up with this Jim and it was the advice she gave to my dad, she said, my son, get a job that way, you'll never starve, who here has heard some variation of that advice? Yes, yes, many of us have heard things to that effect, there is nothing wrong with getting a trade, you can become a plumber and you can get very rich as a plumber, but listen to the second half of that sentence, did she say to that you can become everything God wants you to be?

Is it so that you can let your light shine so that you can become rich so that you can achieve goals no, is it so that you never starve the thought comes from a place of desperation and that is the thought that is passed down from generation to generation and the strange thing is that it is completely invisible to us we hear this advice and we think it is correct and we think it is normal now I am not messing with my grandmother, she was doing the best she could with the ideas she had without maybe knowing how much damage it can cause to future generations.

Take a look at the building you see behind me. It's a factory from the Industrial Revolution era, it was about a hundred, maybe 120 years ago, what other building we have today looks a lot like that factory out loud, what do you think? hospitals, what else, schools, schools, yes, schools, and here is an interesting one, executed according to In the era of Industrial Revolution thinking, imagine this for a second: you drop your children off at school or yourself as a child or You drop it off at school and you line up in neat lines and the foreman, I mean the teacher, blows the whistle or rings the bell and in your neat lines you go to your work station and you sit down, you sit down at your little station.

I work and you work for several hours and then the foreman, I mean the teacher, blows the whistle, rings the bell and you take out your little lunch box. and you can eat something, then the whistle sounds again, you return to your workplace, you sit down, it works according to an industrial revolution era factory, why? Because we are training human beings to be cogs in a system and we are still doing it. Hey, I'm not picking on schools here, the point is not to say that schools are

poor

ly run, the point is simply to say that we have thoughts that are invisible to us, we are trained to think and we are culturalized to act in certain ways that they no longer make sense in the modern economy old world thinking says become a cog in a system fit don't make waves and if you're a perfect cog you'll get a little money at the end of the day and you can go home, that thought will will keep you

poor

, so what are some of the alternatives?

Well, that's what I'd like to see with you here today. I like to call that style of thinking the wheelbarrow way. Basically it is like this. It's like the parents grab their child the little son the little daughter they say my son my daughter you are young and strong you must go out into the world and earn coins this is how you do it pick up your wheelbarrow load it full of bricks and for every hour you push your wheelbarrow you will get a coin if you want a second coin you have to push your wheelbarrow for a second hour now we think like this come on the only way to earn coins is to work for a set number of hours so let me go and get a job and be dead for a boss now you work the set number of hours every day you push your wheelbarrow for the set number of hours and something horrible starts to happen, you start to realize that you can't afford the car, you're not breaking even with the kids and their education and debit orders and bonuses and so on, so what do you do?

You go back to the thought that was transmitted to you and say if I don't get enough coins, what should I do? I have to push a second wheelbarrow at night to get more coins. That type of thinking keeps families in generational cycles of

poverty

, if you take nothing else away from today, this is the one. principle which is the most important, do not link your earnings to the number of hours you work, you must separate those two and I will show you how today, but as long as we think that a number of hours equals a number of coins, you are in financial trouble because as human being you only have a limited number of hours in the day the epiphany of the rich person the way to break with this idea is to throw the bricks in your wheelbarrow get rid of them load your wheelbarrow with gold in other words for every hour you push that wheelbarrow you need to increase the value of your work earn more coins per hour not work more hours to get more coins for that to make sense, okay of course, that raises some interesting questions: how the hell do I do it? you do that there are definitely ways to do it what are some of the things that our families teach us about work and wealth and about how economies work and again it doesn't mean that they are trying to do harm in our lives, they do. doing the best they can with the thought that has been transmitted to them but the world has changed what are some of the things that teach us work hard there is nothing wrong with working hard I believe in working hard but the goal is actually to make money it doesn't work hard and there's a big difference in certain companies, people think you're great if you work hard, not necessarily if you're effective, so what they do is people do a demonstration of how many hours they work, how they work. over the weekend, how they participate in each meeting, they are not necessarily getting things done, but they are showing that they are working hard, yes, that is the difference, next is play it safe, play it safe, rich people They take risks all the time in between. the classes and the poor do not take risks at all.

In fact, the other day I heard a phrase that just resonated in my mind that says that the middle classes are paralyzed by doubt, they are safe to the point of paralyzing, they do not take risks and of course the thought conveyed there is get a secure job and let someone else take care of you be like everyone else here is something obvious that needs to be said if you are like everyone else you will win like everyone else if you choose the safe path in life you are choosing to win less than you potentially could, so today let's talk about the idea of ​​recession versus abundance that you've probably heard.

I mean, it's all over the news in the world and it's all over the newspapers, all the blogs, everywhere you go. We've been talking about that which started in 2008. The interesting thing about recessions is not what's happening in the world, what's happening in your inner space. Up here, for example, there are

speaker

s in my industry who have decided there is a recession and they have earned it. As it turns out, much less so than other

speaker

s was a particular guy in the United States called Randy Gage, who said that in 2008 the world issued an invitation to go into a recession and I politely declined, and he says he's had his best year yet. every year since then, because what happens is that when we are told there is a recession we stop acting in ways that make money because we believe that people are not buying, we have not discovered a recession, we have accepted the concept of during a recession, There are certain companies that have had their best years since during this recession because they simply don't believe in it today.

I would like to share with you some advice: eight ideas, eight ways to revise your thinking that have to do with work and wealth and my promise to you is that you will feel uncomfortable, as I hear, to make people It feels good, but this is enormously important, it is important because we are still taught ways of working that are obsolete, the world changes. but we are still practicing the old ways. If you do the Twitter thing, you're more than welcome to tweet about it as you go. I see a couple of people holding theirphones when you see the eight, yes, if you want to connect. with me on Douglas Kruger's use of Twitter, yes, you can say this guy is talking a bunch of nonsense or that it's a valuable idea, but I warn you that I will close the doors and review every tweet before I let you out. find yourself epiphany number one resenting the rich says more about us than it does about the rich there's a phrase my family always used to use and when I was young we fought

poverty

very, very badly, we had some incredibly hard winters, one that I remember we went through Throughout the month of July, with the power outage, our local church brought food baskets to our house and I lived in a pretty decent neighborhood and we were the ones left out, so it's pretty hard to go through that kind of thing and have someone else. feeding your family when your own parents can't, it was a difficult time to go through, but what's more interesting to me now, looking back on that period, is the kind of language my family used around the table.

Has your family ever used a phrase like how the other half lives when they talk about rich people, yeah you know how it is, it's like rich people are a different species, the way I wish you would look at the difference between where you are and wealth is: I want to look at it as a curve because if it is a curve you can move along that curve and you can go from where you are now to your goals, but if you accept that thought that says that the rich are simply a species different, so instead of a curve there is just an abyss there is a hole there is an absolute void between where you are and where you are going to be and if you don't believe that it is possible to move forward along that transition you don't act in a way that begins to get you there First, the starting point for becoming a high net worth individual is the belief that a rich person may not be a different species, they are simply further along a continuum, more educated about what makes money and how to achieve it. goals than what you currently have and that's okay because that represents hope, that means you can learn these things that you can do, resenting the rich says more about us than it does about the rich, we often think about rich people because they are obviously bad .

They are obviously corrupt, they obviously stomped on people's faces to get to where they are now. Forbes magazine paints a different picture that they take the highest earning people on the planet and see how much they give. Statistics confirm that rich people give. more per capita than anyone else we're not just talking about more money because they actually have more we're talking about more per individual on a percentage basis the idea that rich people are rich people are obviously stingy obviously evil is not supported by statistics yes Of course, obviously there are some assholes you'll meet, some horrible rich people, they're out there certainly in numbers, but in general it's not a valid rule, that's number one, number two, there are three things that the money is not money.

It is not the root of all evil that is not what the verse says what the verse says the love of money and it does not say it is the root of all evil it says something like it is the root of many types of evil now Think about what What that belief would do to Christian families, to people of faith, if it became a fixed belief and was passed down from generation to generation. Money is the root of all evil, okay, so if I chase after it, there's something wrong with me, you can't. hold that belief and get rich, the two don't work together and that's one of those things we need to check.

It is a misquote of the original verse and is harmful. It does a lot of harm, especially to people of faith. Money comes first. Money is not the root of all evil. The second thing: money is not shameful. Could you be rich with a serious face? It's time to face that question because you are on a career path that can potentially make you very rich. Could you handle it? What kind of human being? What would you be once you get there? Yes, wealth simply turns you into an amplified version of yourself, so what are you if you're a horrible person?

A rich version of you will be a horrible person who can do more if you are a good person who likes to help others a rich version of you will be an amplified version that your money is not shameful and if we are ashamed money changes a series of things around the table as a family we will not talk about it, no, the middle classes like to talk about how hard we work, but we never talk about how to make money or how to lose it. All the rules of money coming into rich people's homes and that's what they talk about. to their children because they think it is important money is not shameful we should talk about it and number three you will see that little pool on the screen their money is not finite it is not finite it is not a limited resource if I take something here there is less for you the money doesn't work that way I have a friend who studied to be a doctor, she actually qualified no, in fact, forgive me, I was wrong, she is a qualified lawyer, she passed her bar exam and what she then did. because she was married to a man who is quite rich she said: "I'm not going to practice law because if I practice law I get a salary and that means a little less money for other people, the idea is wrong, she has the best intentions of the world". there, but what she is actually doing is not contributing even a little bit to the total amount of money available.

Work doesn't take money out of a system, it adds money. The more people we have running their own businesses, the more people we have selling. The more people we have doing things, the more there will be for everyone. Bring your skill to this country. Bring your talent. Earn money. The more you have, the more there will be in totality. It is also very interesting because in different countries they think about finite nature. of money in different ways Korea about 10 or 20 years ago decided that they wanted to improve the economy of the majority of their people, so what did they do?

They took a look at America and said, I think we'll get in touch and we can take your car. industry and we can take on your IT industry, have you ever heard of Samsung? Yes, have you ever heard of any of the Korean car brands? Yes, Hyundai and what's the other one, Kia, and they are absolutely conquering the world right now because what they have decided. What needs to be done now is to grow other countries around the world and, in fact, South Africa is an excellent example. Come on, there's a finite amount of money, so if we want to make some people rich, what are we going to do? take from others instead of growing the whole group bring your skills grow the country we need entrepreneurs we often talk about how much we need jobs you can't falsely create a job my next question is why on earth would you want a job?

We can't get rich on a job, but that's what we're taught as middle class people, we're taught to be like everyone else, get a good job for sure, ok, we'll talk about that in a moment and the number three represents you. himself, represent himself, it is a fantastic book and when I am king of the world I will make it mandatory reading for everyone. Malcolm Gladwell calls it outliers. Anyone here read that. Yes. I highly recommend Outliers by Malcolm Gladwell. He talks about the difference between. people who fail and succeed at anything and he talks about how in rich families they teach their children something very different than what is taught in middle class and poorer families and it is simply how to interact with Authority at middle classes and the poorest people are taught to fear Authority and the industrial revolution think that you have to fear the guy who runs the factory because he owns your life, yes, and it goes like this, let's take a practical example.

They do this in the book he says you will take your son to. The dentist, the middle class family, will teach the child that the dentist is God. He has studied for eight years and knows everything there is to know about you. How the child should keep quiet, sit down, stay quiet, and even if it hurts, don't cry, just wait for it to finish, do what he tells you what to do now in rich families they approach the exact same situation completely differently when driving to the dentist's office they tell the child that the dentist is your friend he has studied for eight years to be able to serve him properly what is it like that?

Hey, the dentist is a resource that you can use if you have any questions about your mouth, about your teeth, about anything you want to know, you should ask the dentist because it's his job to help you take that kind. of thinking that's a simple example: going to the dentist take that type of thinking and amplify it for the next 20 years which of those two children will do well in life you have one who was taught to fear Authority shut up keep your voice down, don't make waves and the other who has taught the world is there for you to use all its resources, you can use them for your own purposes imagine the difference that would make representing yourself and we must teach our children to represent themselves Also, We have been fooled with a myth of the industrial revolution that says that the authorities in charge and know best, you should shut up and do what they tell you, you should be a cog in a system and as long as you are doing your job perfectly and not making waves, you will be Well, that thought is a hundred years old, we can't teach it anymore. number three number four inspired ideas this is one of my favorites as you move forward in building your career there are things that you must do on a day to day basis that little by little move you up that curve towards wealth and if you keep doing it Slowly, consistently and gradually every day, ultimately your life will improve and you should do those things, however, every once in a while we get that one. inspired idea that crazy thought that comes to mind is come on, what if and it is those ideas that in one go can add an additional zero to your income you must have them you must act accordingly I will give you a simple practice For example , in 2006 I published a book on public speaking and it went through a traditional publisher in Cape Town, it went into bookstores and sold for about one hundred and fifty R and a book I got a trans 75 from, that's what the author cost me . actually he stays still.

I was very happy that this book was published and it's a little bit of credibility for me as a speaker and it made me some money. Now one of my

professional

speaking friends said Doug, don't do it that way next time. write a book, self-publish it, pay for printing, pay for everything and sure it's a little money up front, but then you can sell the book for a full profit and I had this inspired idea. I thought, wait a minute, what if I took it one step further, what if you got someone else to pay for the book?

So I literally walked in the front door of one of my biggest clients, the former mutual fair Bain Capital, and I talked to one of the directors and said, how do you feel? about giving me one hundred and fifty thousand rand two minutes after he said yes, we were discussing his upcoming yacht holiday. I took the opportunity, tried it and it worked. He paid for a thousand copies of two separate books and I have been selling them. Since then, there is no initial money. Every book I sell is pure profit margin. Hey, you're starting to see how thinking differently means different income levels.

You can get a salary at the end of the month or you can do things for yourself and generate your own income with inspired ideas, that's just a small idea, but that first meant that I didn't have to pay a hundred and fifty thousand rands and then beyond That, it meant something like three four four five hundred thousand rands in book sales over the years and that's just a little thing that had a big impact on my life, but I had to represent myself. I had to have the idea. I had to walk through the door and just have the courage to try to ask so I wouldn't be. a cog in a system that just does its job perfectly to be a human being with a face and a voice and thoughts creative ideas and an opinion and that can change the scale of your income that's number four number five number five is An abstract idea that leaving the ranks of the poor can mean leaving the ranks of the poor, that makes sense.

At one point, just now I was driving through a particularly poor area, it was one of those places where on the side of the road you see these dogs with the kind of ribs that stick out and I mean, it's all dust and poverty and hardship and already You know, I see that kind of thing in it and it makes me sad that human beings still have to live in conditions like that. Here you consider it as a species. we're at the level where each of us is, I mean how many people around the room have personal computers in their own hands in the form of an iPad or whatever the case may be, we have that type of technology. we send satellites into space we can take a picture of the earth from millions of miles away and then send it back through the void and look at that picture we have amazing levels of achievement and yet we still have families that don't have enough to eatevery day, that's terrible, now it's dry.

Turns out I was on my way to a conference where I was talking about a business idea on how to make money and I thought it would just be a mental exercise if they stripped me of all the things I use every day - the suit, the car, the equipment, the parts. and the pieces, the toys, if they stripped me of all that and left me with my knowledge, my ingenuity and my education and put me in this scenario living in abject poverty, would I be able to get out again? Could I get back out there and get back to my own life?

What do you think? Could you? Well, most people in this room are saying yes. Now that's an interesting thought. Let's take that thought a step further if I had to make a decision. high net worth individual someone who drives the Ferrari the Lamborghini someone with their own private helicopter with their own business whatever the case may be and I transplanted them into your life do you think they could date again if we say yes? So what we are saying is the gap between where you are and where that person is is a horrible thought, but at least at the same time it represents hope because it means it can be done it means the thought is out there the ideas are out there the knowledge education is available it can be done by leaving the ranks of the poor however it may mean leaving the ranks of the poor poor, my thought process was like this.

I thought maybe I'd start a small business, something that doesn't require a lot of startup capital, maybe a small store, maybe I'd get other people to work for me and then I stopped long enough that I thought to myself that's not what I do. I do, the first thing I do is physically leave and go somewhere else, because often in situations like that the thinking is depressed and it's not about pointing fingers or blaming. I mean, I've been in a family that's been through extreme poverty, but when you've had generations of poverty it's almost impossible to believe it's possible, the thinking gets depressing.

There is a speaker in the United States these days who has an interesting concept and I believe it, he says that you are probably as rich and successful as the average of the five people closest to you, think about that for a second, who are your five closest, it's probably something like mom, dad, best friend, boss, teacher. something along those lines is probably how rich those people are. I'm sorry to ask the question, but apparently those statistics bear out because what happens is that we engage in an ecosystem of thinking and we all affect each other with our level of aspiration. a level of ideas, our thinking about work and wealth and we all share each other, there is something you can do about it, you don't have to leave your mom, it's okay, you don't have to leave your best friend, nothing In that sense, what?

What it says is that we need to associate ourselves with highly successful people, we need to expose ourselves to that kind of thinking, unless we do that we are not going to rise, but the thinking is out there and very often people are willing to be mentors. friends to share answers share ideas sometimes it's not like that it's always worth asking worth the focus you're probably as rich or as successful as the average of the five people closest to you here's an awkward question: is thinking of your state keeps you? Can you think of a single policy we have in this country that tries to help people but actually promotes poverty?

Any, social subsidies. Yes, think of it this way. What a great idea you have - a couple of kids, she's alone, she has no way of earning an income, so what we do is give us some money, brilliant idea, except of course the opposite happens, you have a young wife which says, you know what, I'd like some money. money, so I'm going to become a young mother to get it. That is likely to help them become incredibly prosperous. No, the thought of your state keeps you poor. Number six. Your position determines your pay scale. It's not the quality of your work. the job that determines your income you can be the best in the world at a certain thing and be surpassed by someone who is not the best in the world your positioning determines your pay scale, let's put it in very simple terms if you are the celebrity in your industry you are going to earn more than the non-celebrity of your industry, even if that guy is better than you at it, take for example, someone here watches the cooking show with Nigella Lawson and saw her on TV, yes, yes, absolutely Nigella Lawson, TRUE?

I think she is one of the top five chefs in the world. No I dont think so. Do you think she is in the top hundred? mmm I don't think so. Do you think she's in the top thousand? I don't believe it. Then why? Is she winning them all because she's Nigella Lawson? I'll give you another example, if an unknown speaker comes and stands in front of you, that person can put a bill with the fourth number X of zeros at the end of an hour of speaking, Richard. Branson comes into the room and chats with you for five minutes.

They'll add three more zeros to his rate. It's not because he worked harder or because he's a better speaker. It's because he's Richard Branson. You have to be the icon, the expert, the celebrity. the big name in your industry now this is where most people get it wrong they say knowledge is everything, knowledge is important but you also have to bring personality, that's what Nigella Lawson does, she is able to speak well in front of a camera, she is pretty, she is seductive. Yes, these are all things we are never taught as important. They teach us that the important thing is to be a cog in a system.

Not making waves that work perfectly. Do your work. Imagine if Nigella Lawson did that, she would be poor. What I would ever do is cook in the kitchen, maybe make a five bucks from time to time, yes, but because she brings humanity to it, she brings things to it that you can't do with a computer, that can't be done with a system, nothing that can be systematized. computerized commoditization has no value, everything we are still teaching our children to study IT, that is a low income future because there are like two billion more people studying IT and most of it will be done by the computer itself like tomorrow, That's how fast it's moving. of those talks on Ted, the inspirational talks website, where a guy says, and this is quite interesting, he says that the economy of tomorrow will not be governed by people who have PhDs or who have studied IT or anything technical, the economy of tomorrow will be governed by people. who made bas and knows how to think creatively because the computer can't do that it's the people who bring their personality, their humanity, you become an icon in your industry so it's not just about how good you are technically at it.

What do you do, it's about being the human being to confront the voice that we see in the media in magazines listen to on the radio you are an icon so you earn more number seven this is more for companies but it is also useful for us don't you set your sights on the bottom line What most businesses tend to do is that when they think about their finances they put 80 percent of their energy into saving what they have and 20 percent of their energy into earning more. We need to reverse those savings, of course it is important.

Yes, you can save yourself. rich if you have like 150 years of life what is most important is to generate more income imagine a clan of people now I want you to use your imagination here let's go back thousands of years in time we are sitting on the outskirts of our cave we are a plan and we are facing winter winter is like a recession winter is trying winter is deadly for us and our economy is made up of buffaloes we eat them to survive we use their coats to survive this horrible winter the hunters We go out into the field and we have good news: they are back with three buffaloes, but three buffaloes are not enough for our entire clan to survive the winter.

Technically we need more now that the thinking in the clan is divided in two, we have the hunters and we put the bean counter in the cave and the bean counter says what we have to do is take those three buffaloes and keep them preserve them make them It lasts to save them so that we can get through the winter. The hunters see it differently. They say no, don't give us one of the buffaloes to eat and using that strength we will return to the field and get more buffaloes so that we can get through the winter.

All large organizations have this division between the bean counter and the buffaloes. and sometimes destroys entire companies, yes my belief system says this, no matter how well you save your Buffalo if you don't have enough Buffalo, saving effectively will only mean you will starve more slowly, you need more Buffalo in other words , the system needs to invest 20 percent of its energy in saving money and 80 percent of its energy in making more money. That is the way we should think that saving is important, but it is not at all. The thought of the middle class is the one that says the most.

The important thing you need to do is make sure if you are going to live 150 years. Brilliant idea number eight Randy Gage United States. The speaker recently wrote a book called Risky is the New Safety. The alternative applies. Insurance is the new risk. We have been taught for generations to play it safe. Get a job and don't make noise. I maintain that that is the most dangerous thing there is. You can possibly do it because you are taking all your eggs and putting them in one basket, you are taking your life, your future, your career, your spouse, your children, your medical aids, your debit orders, your entire life, putting them in one basket and handing them to a person whose first concern is not their well-being, that sounds pretty dangerous to me also 6070 years ago people went and got a job and worked for 4050 years and retired safely, is that already happening?

Hell no it's just not the reality in most companies these days, if you have a job you have 31 days of security that's it now let's look at this differently people say being an entrepreneur is risky being your own boss is risky well, Forbes magazine says that the only people who are rich are their own bosses, okay, next thing is, if you, as an entrepreneur, try 10 crazy, inspired big ideas and eight of them fail, you have two of them working , now you go out and try ten other crazy, inspired big ideas and again eight of them fail, two of them work now. you have up to four things that are generating income you go out there ten big things eight fail two more you have up to six different things that are generating income for me as a speaker now I have multiple sources of income I talk I train I sell books I sell DVDs I make media appearances Multiple streams much riskier is the new security, safe is the new risky, and the more we accept the old Industrial Revolution-era idea that having a boss to take care of us is safe, the greater the danger we put our lives in. lives, risk is the new security, security is the new risk.

I think risk aversion is one of the things that paralyzes most middle class people; The average high net worth individual has been bankrupt three times, how terrifying is the idea of ​​going bankrupt for you, yes, it comes naturally to them, they have tried crazy things, they have tried to build businesses and, uh, Turley, they have completely failed, but for them it is only part of the process. and they do something interesting and I would like to invite you to do this give yourself permission to fail people today at this early stage in your career make that commitment to yourself do yourself a favor give yourself permission to fail it's okay it's just a little embarrassing so any piece of skin on your knees is just get up and try again they think differently in California than we think here the guy here started and launched a business and the bankrupt banks won't touch it with a barge in California the banks and the financier look for people who have tried and failed before because they believe that person has learned valuable lessons along the way give yourself permission to fail here is a revolutionary thought give other people permission to laugh at you and make fun of you for trying It's okay to say I know my family won't understand I know my friends are going to laugh at me They're going to tell me this is crazy You should play it safe and get a job Give them permission to think that way Give them permission to laugh at yourself give yourself permission to try and fail you need the space you need room to maneuver be kind to yourself my last parting thought for today is just this you are not separated from your goals by a number of years from which you are separated from your goals by a series of actions and those are completely different years, years are an abstract concept that is like saying in 1020 years I will be rich, it does not depend on the years, it depends on you and your actions which returns the ball to your hand. it gives you control that gives you the power you are not separated from your goals by a number of years you are separated from your goals by a number of actions the word is how a man thinks that's how he is so ladies and gentlemen know how to think because God gives you bless and prosper