How To Become Rich - The Number One Reason You're Not Already Rich

Summary

In this video, Leo from Actualised.org emphasizes the importance of becoming a 'creator' to achieve wealth. He argues that most people are not truly creators but rather employees, selling their time and ideas to others. To become rich, one must generate value through their own creations and take control of the creative process. Leo also highlights the need to overcome the victim mentality and take full responsibility for one's life and circumstances, as this is a key barrier to wealth creation. He encourages viewers to start their own business or find ways to express their creativity more fully in their current roles.

Takeaways

• 🚀 Becoming a creator is essential to becoming rich. Leo emphasizes the importance of creating something of value to generate wealth.
• 💼 Most people are not creators in the true sense; they sell their time to an employer, which limits their wealth potential due to the lack of control over creation.
• 🏆 To become rich, you need to control the creation of value, which is challenging when working for someone else who owns the outcomes of your work.
• 💡 The formula for earning money, according to Leo, is simple: wealth equals value. The more value you generate for others, the more wealth you create for yourself.
• 🔑 Taking control of your creative output is critical. You should aim to own the creation process to maximize your potential for wealth generation.
• 🛠️ Working harder in your current job may not necessarily make you rich. It's about creating more value and potentially owning a business or becoming a significant stakeholder.
• 🌟 A creator is someone who is fully expressive, passionate, and takes their work personally. They aim to create something remarkable for humanity and the world.
• 🛑 Blaming external circumstances for not being rich is a significant barrier. Leo stresses that taking full responsibility for one's life is crucial for wealth creation.
• 🔄 Refashioning oneself into a creator involves changing one's mindset and actions, which can lead to enjoying work more and having a greater drive and passion.
• 🚧 Overcoming the fear of potential and taking responsibility for all aspects of life opens up opportunities and allows for transformation towards wealth and success.
• 🌱 Leo suggests that by applying the principles of taking responsibility and becoming a creator, one can start mastering their psychology to create an extraordinary life.

Q & A

What is the main message of Leo's video?

The main message of Leo's video is that to become rich, one must become a creator, generating value and taking control of their creations rather than working for someone else.

What does Leo mean by 'creator' in the context of the video?

In the context of the video, a 'creator' is someone who generates value by producing something of worth, either through their own business or by taking ownership of their work within a company.

Why does Leo suggest that working for someone else is not a path to wealth?

Leo suggests that working for someone else is not a path to wealth because the value and control of creation are in the hands of the employer, who sets limits on earnings and often does not allow for significant creative input from employees.

What is the general formula for earning money according to Leo?

The general formula for earning money, as mentioned by Leo, is that wealth is equivalent to the value one generates for the world and others. The more value one creates, the more wealth one can generate for oneself.

What is the difference between creating at work and being a true 'creator' according to the script?

The difference is that while one might create at work, being a true 'creator' involves not only creating but also having full control over the creation, expressing oneself fully, and being passionate about the work produced.

Why does Leo emphasize the importance of controlling one's creation?

Leo emphasizes controlling one's creation because it allows for the realization of the full potential of one's ideas and efforts, which is crucial for generating significant wealth and avoiding the limitations imposed by working under someone else.

What does Leo suggest as a potential path to wealth other than working harder at one's current job?

Leo suggests starting one's own business or becoming a partner, shareholder, or stakeholder as potential paths to wealth, as these allow for ownership and control over one's creations.

What is the significance of 'purple cows' in the context of becoming rich?

The term 'purple cows' refers to creating something remarkable or exceptional, as popularized by Seth Godin. According to Leo, to become rich, one must create projects, services, or products that stand out and are not ordinary.

What is the biggest obstacle to becoming rich according to Leo's perspective in the video?

The biggest obstacle to becoming rich, according to Leo, is the victim mentality where one blames external circumstances and fails to take full responsibility for their life and actions.

How does Leo define a 'creator' in terms of attitude and approach to work?

Leo defines a 'creator' as someone with vision, passion, and a personal investment in their work. A creator is driven by the desire to create something of value for humanity and the world, rather than just for a paycheck or to please a boss.

What advice does Leo give for overcoming the feeling of being stuck and unable to create?

Leo advises taking full responsibility for one's life and circumstances, expanding one's thinking beyond limiting assumptions, and recognizing that the power to change lies within oneself.

Outlines

00:00

💼 Becoming a Creator for Wealth

Leo from Actualised.org introduces the concept of becoming a creator as the key to wealth. He emphasizes that to become rich, one must create value, rather than seeking quick fixes or relying on an employer to dictate one's financial success. He points out the difference between being a creator and simply being an employee, where the latter often lacks control over the value they generate. Leo suggests that to truly create wealth, one should aim to own and control their creations, potentially through entrepreneurship or partnerships that allow for creative control and value generation.

05:00

🚀 Embracing Creativity for Personal and Financial Growth

This paragraph delves into the importance of creativity and self-expression in one's work to create significant value and achieve wealth. Leo discusses the limitations of a conventional job where one's creative output may be stifled and suggests considering new opportunities that allow for greater creative freedom. He stresses the need to be a creator in life, not just in one's job, and to avoid falling into the trap of working harder without creating more value. Leo also mentions the idea of 'purple cows' by Seth Godin, urging viewers to create remarkable and extraordinary work that stands out.

10:01

🛑 Overcoming Victim Mentality to Achieve Riches

Leo addresses the common issue of blaming external factors for one's lack of wealth, such as parents, bosses, or financial constraints. He argues that this victim mentality is a significant barrier to wealth creation and encourages viewers to take full responsibility for their lives and circumstances. By doing so, one can break free from limitations and recognize opportunities for change and growth. The paragraph highlights the importance of internal change and mindset over external circumstances in the pursuit of wealth and success.

15:03

🌟 Taking Responsibility for a Prosperous Future

In the final paragraph, Leo concludes by reinforcing the message of personal responsibility and the power it holds in transforming one's life and achieving wealth. He challenges the viewer to let go of negative thinking, complaining, and blaming others. By accepting full responsibility for all aspects of life, one can unlock the potential for change and success. Leo also touches on the psychological aspects of embracing responsibility, including the fear of one's own potential and the liberation that comes from accepting control over one's destiny.

Keywords

💡Creator

A 'creator' in the context of the video refers to an individual who actively produces something of value, be it a product, service, or content. It is central to the video's theme as the speaker emphasizes the importance of being a creator to generate wealth. The video suggests that creators are those who control the creation process and are not merely selling their time to an employer, but rather are generating value through their own creations, as illustrated by the speaker's assertion that 'you have to be creating something of value in order to become rich.'

💡Wealth

Wealth, as discussed in the video, is not just an accumulation of money but is a result of the value one creates for the world. It is tied to the video's theme by the formula 'wealth is value,' implying that the more value one creates, the more wealth one can accumulate. The speaker uses the concept of wealth to illustrate the importance of not just working hard, but working smart and being a creator to achieve financial success.

💡Value

Value, in this video, is the worth or usefulness of something or the importance of a person's contribution. It is integral to the concept of wealth generation. The speaker argues that to become wealthy, one must create value, which is exemplified by the statement 'the more value you can generate for the world and other people the more wealth, you will generate for yourself.'

💡Responsibility

Responsibility, as mentioned in the video, is the state of being accountable for one's actions or decisions. It is a key concept because the speaker asserts that taking full responsibility for one's life is essential for wealth creation. The video emphasizes that blaming external factors for one's lack of wealth is a barrier to becoming rich, as seen in the line 'you're not rich, because you're blaming other people, you're not taking responsibility for your life.'

💡Victim

The term 'victim' is used in the video to describe someone who feels trapped by their circumstances and perceives themselves as a passive recipient of their situation. The video's message is that adopting a victim mentality prevents individuals from taking the necessary steps to become wealthy. The speaker warns against this by saying 'you're gonna deny that you're a victim...you're putting yourself in such a victim position that you are not even realizing what you're doing.'

💡Passion

Passion, in the context of the video, refers to a strong emotional drive or enthusiasm for something, which is essential for a creator to excel in their work. The speaker suggests that creators should be passionate about their creations and not just focused on the paycheck. This is evident when the speaker says 'they care about...creating something beautiful and excellent for Humanity for the world,' highlighting the importance of passion in the creation process.

💡Control

Control, as discussed in the video, is the power to influence or direct people's actions or decisions. It is related to the theme of wealth creation by the assertion that creators need to control their creations to become wealthy. The speaker points out that working for someone else often means giving up control over the value one creates, as illustrated by 'you need to control the creation because right now for your boss, you probably are creating stuff maybe you're creating reports... but you're not owning it.'

💡Extraordinary Work

The concept of 'extraordinary work' in the video refers to the level of effort, innovation, or uniqueness that sets one's work apart from the ordinary. The speaker argues that to become wealthy, one must do more than just average work, as indicated by 'you can't get rich by doing ordinary work...you have to do extraordinary work.'

💡Potential

Potential in the video is the latent qualities or abilities that one has but has not yet developed or utilized. The speaker suggests that individuals often do not take full advantage of their potential, which is a barrier to wealth creation. The video touches on this when the speaker says 'you are afraid of your own potential...you are afraid of what it will take of you to work to live into your full potential.'

💡Mediocrity

Mediocrity, as used in the video, is the quality of being ordinary or unremarkable. The speaker warns against the trap of mediocrity, stating that it is not a path to wealth. The message is that to achieve financial success, one must avoid mediocrity and strive for excellence, as shown in the line 'you have to be exceptional...you have to be creating purple cows, you have to be creating things projects or services that are like wow that's remarkable.'

Highlights

Leo emphasizes the importance of becoming a creator to achieve wealth, rather than seeking get-rich-quick schemes.

Creators are defined as individuals who produce something of value, which is essential for wealth generation.

People who are poor are often not creators but rather sell their services to employers.

Control over creation is critical for wealth accumulation, as employees typically do not own the value they create.

The difficulty of becoming wealthy while working for someone else due to the limitations they impose on value creation.

A general formula for earning money is presented: wealth is a function of the value one generates for others.

The recommendation to start owning the creation, possibly by becoming a partner or starting a business.

The idea that working harder at one's current job may not necessarily lead to wealth.

The necessity for creators to be fully expressive and passionate about their work.

A creator is someone who takes their work personally and is driven by the desire to create something of value for humanity.

The concept that one can refashion oneself into a creator by valuing creativity and taking responsibility for one's life.

Blaming external circumstances for one's lack of wealth is identified as a major obstacle to wealth creation.

Accepting full responsibility for one's life is presented as the key to unlocking wealth and success.

The psychological payoff of being a victim and the fear of one's own potential as reasons for not taking responsibility.

The transformative power of accepting responsibility and the opportunities it presents for wealth creation.

The call to action for viewers to start applying the concepts discussed for long-term transformation and wealth generation.

Information about Actualised.org and the benefits of signing up for their newsletter and coaching.

Transcripts

hey this is Leo for actualised org and

in this video I'm gonna tell you how to

become rich okay welcome back let's

crack into this topic of how to become

rich there's so many ideas that I can

share with you here but I'm gonna stick

to something focused I want to focus on

something and I'm gonna give you some

wisdom here not a gimmick not a

get-rich-quick gimmick I'm gonna give

you some wisdom all right so if you

really want to get rich do you really

want to get rich okay if you do here's

what you got to do you have to become a

creator I want you to be a creator in

your life you have to be creating

something of value in order to become

rich unless you plan to rob a bank then

you're not gonna become a rich any other

way so what does it mean to be a creator

and are you a creator right now this is

important question and of course the

question goes even deeper into how much

of a creator are you and what the hell

are you creating with your time and your

energy and your money people who are

poor are really not creators what they

do is they sell themselves out to an

employer who then uses their services

and you do work for the employer and you

get paid X amount of dollars per hour

per month per year whatever the term is

and therefore sure you could be creating

stuff at your work I'm not saying

there's a there's there's anything wrong

with that but you're not creating that

much you should be creating more to

become rich you really need to create a

lot and you need to control the creation

this is critical you need to control the

creation because right now for your boss

you probably are creating stuff maybe

you're creating reports if you're

writing things maybe you're doing

graphic design maybe you're creating

engineering schematics or you're

providing some sort of organization work

as a secretary whatever

you're creating right you're creating

those reports and organization and maybe

you're managing people but you're not

owning it the company owns it the boss

owns it you're working for somebody it's

really really hard to become very

wealthy rich working for somebody else

why because they control the creation

and they control the value and they put

a glass ceiling basically on how much

you can be earning and how much value

even you can be generating for them

because you might right now be stuck in

a position where you are actually

wanting to create more you want to

create more value for the company you

want to do more for it for that project

you want to do more for your boss and

this is very frustrating because that

boss or that company might actually not

want you to be doing more they might not

be listening to your ideas they might

not be hearing you out maybe you have a

brilliant idea right now that will earn

millions of dollars for your company but

you're just in a position where you

can't really exercise any any creative

control you have no power authority to

get that idea pass through and realize

so that that value will never be

generated it will never be realized and

you will then never see the payoff from

that so just a general formula for how

to earn money I talked about this other

videos I think this is an idea I got

from Jim Rohn but somewhere I got this

idea I think other people talked about

it - it's basically wealth is value so

the more value you can generate for the

world and other people the more wealth

you will generate for yourself it comes

back to you this is a very

tried-and-true principle so what you got

to do is got to position yourself to

create more value in the world what does

that mean I mean for you it might mean

put out more put out more novels put out

more writing put out more blog posts put

out more you know more engineering

schematics if you're engineer put out

more computer code if you're if you're a

computer programmer but you have to be

smart about this that doesn't mean work

harder in your job in fact I think that

that can be a dangerous trap to fall

into is to think that if only I just

work harder at my current job that I

will become rich actually probably not I

mean you might get promotions and sir

jobs offer so much room for growth that

you actually could become very rich just

working in your company and kind of

working your way up the corporate ladder

but that doesn t pretty rare I actually

find that the best way to come rich is

to start owning the start owning the

creation to do that you generally have

to either become partner shareholder

stakeholder in some way or you have to

start your own business

I really recommend the last option

starting your own business but don't let

that discourage you from generating

wealth for yourself even in your current

job so I'm not saying quit your job

today or you're never gonna be wealthy

I'm just saying think down the road I

mean be smart about this

if you recognize that right now you're

not able to have the kind of creative

output that you want you're not able to

create massive value then start to think

what can you do to change that and one

of the things might be to start looking

for either a new job

where you can really express yourself

share your gifts more or create your own

job create your own business right start

fleshing out those ideas so this idea of

being a creator you have to be creating

something create something what does

this really mean well for most of you

there are two things here one is put

yourself in a position where you

actually can be fully expressive the

next point is that for many of you you

probably are not creating anything in

your life right now at all

like many of you could be going to just

a nine-to-five job where you're doing

some piddly type work for an

organization whose values you don't

really believe in whose mission you

don't believe in whose products you

don't believe in you don't really care

about you're not putting any passion

into it and if you're in that position

then I do not consider you a creator

even if you're creating stuff for the

company you're not really a creator a

creator of someone who has vision

someone who puts their blood and sweat

into their work they take their work

very personally and they care not about

the paycheck and they care about not

company loyalty or making sure they

don't upset their boss or something

silly like that what they care about is

creating something beautiful and

excellent for Humanity for the world

they want to put stuff out that's all

the creative cares about

a creator this is not some magical

unicorn type of person right this is not

some mystical fairytale creature a

creator is just someone who has really

put a lot of value on this some people

have this come about more or less

naturally through the way they're raised

other people maybe like you right now do

not see themselves a creator but you can

refashion yourself into a creator and

when you do Wow

you're gonna have some amazing things

happen first thing that's going to

happen is that you're gonna actually

enjoy what you're doing at work the next

thing that's gonna happen is that you're

just going to get like excited waking up

in the morning you're gonna have so much

more Drive and passion and people are

gonna see that off you the next thing is

going to do is that it's actually gonna

position you to be extremely rich you

can't get rich by doing ordinary work

not really I mean if you're extremely

lucky maybe you can but you can't really

get rich in this world

by doing the mediocre work you have to

do extraordinary work you have to be

exceptional as Seth Godin puts it you

have to be creating purple cows you have

to be creating things projects or

services that are like wow that's

remarkable it has to be remarkable so

what are you doing what are you creating

that's remarkable if you're not creating

anything remarkable then you're never

gonna be rich so that is the bottom line

okay a couple of other points I kind of

beat this creator one to death next

point I'm going to say is that a lot of

you probably right now are saying yes I

want to be a creator leo like I this is

actually something that I've been really

passionate about I've wanted to be

creator my whole life I've been thinking

about it but I'm just stuck I'm stuck

things are not letting me be a creator

my parents they're holding me back my

friends they're holding me back my boss

he's holding me back my company is

holding me back

people don't see my potential people

don't see what I can do for them my

money situation is holding me back I

don't have enough capital I don't have

enough capital to start a business I

don't have enough money to take some

time off to define my life purpose or to

to look for a new job I don't have that

luxury all right here's the deal this is

the biggest thing actually even bigger

than being a creator that is holding you

back from being rich you're not rich

because you're blaming other people

you're not taking responsibility for

your life and the circumstances that

you're in you're not doing it and what's

even worse is that you're gonna deny

that you're a victim that you're making

yourself a victim you're gonna deny this

you're gonna blame me for telling you

and accusing you of being a victim and

you're gonna say to yourself but no

these are real problems that I have in

my life

this is tangible I don't have money my

mom is really holding me back my dad is

really holding me back my spouse is

really holding me back my boss he's a

total jerk total has no vision

doesn't see the my potential you're

gonna say that all that is true for you

that's true for you and that I am wrong

I'm not wrong I am right and you are

wrong right now you are putting yourself

in such a victim position that you are

not even realizing what you're doing and

here's what's gonna happen is that you

can either be a victim and stay a victim

in your life and keep getting the kind

of results that you've been getting or

you can open your mind up and accept

these new ideas and let your ego get

bruised by the fact that you are

sabotaging your own life and start to

make the hard change that you've got to

take to start to get a transformation in

this case becoming rich your boss he's

not really holding you back what's

holding you back is your thought that

your boss is holding you back your

parents they're not really holding you

back what's holding you back is your

thought that your parents are holding

you back

it's the assumptions that you have it's

the assumptions that you have about what

you need to move forward I don't have

enough money how can I move forward

my parents they're so negative and

controlling and dominating in the way

they raised me how can I possibly move

forward my health my health is bad I

don't feel good maybe I have some

illness how can I possibly now move

forward from that I mean these are these

are real physical tangible things

my boss he really won't let me get

promoted he doesn't want to hear my

ideas how can I get past that I hear

what you're saying and I know exactly

how it feels because I feel this way at

times and I've definitely been there but

this is the biggest thing that is

holding you back from creating wealth

from being rich and really getting

success in any area of your life

it's holding you back so much because

what you're doing is you're giving your

power away to all these external

circumstances you're being mesmerized by

your external circumstances check out

another video I have where I talk about

internal versus versus external

circumstances and inner and outerworld

where I really hammer at this

distinction and how important it is

what's happening right now is that

you're limiting your options because you

think that you're stuck and you've got

these assumptions but really what you're

doing is you're thinking inside a very

small confined little box the little box

is keeping you where you're at

just keeping you kind of comfortable but

also very frustrated what you've got to

do is you've got to expand that idea you

got to expand it and the way to do that

is to say okay from now on no more

bitching no more complaining no more

negative thinking

no more finger-pointing I am responsible

100% for my whole life for everything I

mean everything that happens to you I

don't just mean when you cut somebody

off on your way to work because you're

so rushed and then that person flicks

you off you're not just responsible for

that you're obviously responsible for

that I mean you're responsible

everything you are responsible for your

boss being an and not listening

to you you are responsible for your

parents having a negative impact on your

life and holding you back you are

responsible for where you're living

you're responsible for how much you're

earning you're responsible for your

health you're responsible for everything

everything you don't want to hear this I

know you don't

it's very threatening to your ego you

know what's also awesome though what's

awesome is that when you accept this

what this means is that you have

complete power to change everything in

your life and that my friends is true

that is very true

and that is what you were denying

yourself because when you create this

victim mentality when you cast yourself

as a victim what that means is that you

can stay a victim and there's a

psychological payoff that you get from

being a victim which is whoa on to me

I'm a victim I can't do anything I don't

have to go out there and work my ass off

to change when you accept responsibility

for everything all the sudden the whole

world opens up to you everything is

possible everything is possible and now

you see opportunities and you see things

that you can do and you see also the

really scary thing and this is why you

do not want to take responsibility for

your life you see the scary thing which

is so scary that the reason that

you're not more successful is because of

you it's because of you it's because

you're afraid of your own potential that

is the real truth of why you won't take

responsibility for your life is you are

afraid of what it will take of you to

work to live into your full potential so

we've got a little deep there but this

is basically what you need to do to get

rich this is some wisdom all right some

of these concepts are a little bit

abstract you might have been were

looking for a way to earn some quick

cash that's not what I'm giving it here

and that's not going to really be

helpful to you this is much more helpful

but you need to have the long term

vision to see how this connects and how

this can really transform your life if

you start applying this stuff you start

applying it all right really think about

this start by taking full responsibility

right now don't pass the buck on to

anyone else the buck stops with you all

right this is Leo I'm reassigning off

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