How To Become Rich - The Number One Reason You're Not Already Rich
Summary
TLDRIn 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
💼 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.
🚀 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.
🛑 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.
🌟 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.
Mindmap
Keywords
💡Creator
💡Wealth
💡Value
💡Responsibility
💡Victim
💡Passion
💡Control
💡Extraordinary Work
💡Potential
💡Mediocrity
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
leave me your comments I love to hear
feedback from you guys I use it to
improve my videos and create new ones
off your suggestions then like this and
share this so that it spreads around
other people get the message and of
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real reason that you want to sign up is
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here you want to start mastering your
psychology mastering your psychology so
that you can create an extraordinary
life for yourself and that is what we
teach you at actualize that work
you
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