Realised Trading is The Way to Real Financial Freedom (After I tried everything)
Summary
TLDRThe speaker shares their journey towards achieving freedom by breaking away from traditional societal norms and the 'system.' They emphasize the importance of identifying personal desires and outline three key components to freedom: income, time, and relationships. After exploring various avenues such as dropshipping and social media marketing, the speaker concludes that trading offers the ultimate path to freedom due to its potential for high income, time flexibility, independence from relationships, and location freedom. They caution against trading scams and promote learning proper trading skills as the key to financial independence and personal autonomy.
Takeaways
- π The speaker has always sought independence and freedom from societal norms and systems, aiming to avoid becoming a 'slave' to government agendas.
- π― The importance of identifying one's desires and making a plan is emphasized, as many people lack direction and a clear path for their future.
- π‘ Freedom is defined as the ability to experience life without limitations or ties, allowing one to do what they want, when they want, without external constraints.
- π° To achieve freedom, three key elements are identified: income, time, and relationships. These are necessary to maintain independence and autonomy.
- π Time is highlighted as a crucial component of freedom, as even high income is meaningless if one lacks the time to enjoy it.
- π€ Relationships are noted as a potential barrier to freedom, as being overly attached or dependent can limit one's ability to act independently.
- ποΈ The speaker initially considers dropshipping as a means to achieve freedom but dismisses it due to its limitations in scalability, location independence, and relationship management.
- π Social media marketing (SMMA) is briefly considered but rejected due to the time commitment and reliance on maintaining client relationships.
- πΌ Trading is presented as the ultimate path to freedom, offering the potential for high income, time flexibility, no need for relationships, and location independence.
- π The speaker argues that trading can be a key to freedom for those looking to make money online, provided they learn the right skills and avoid scams.
- π« A warning is given about the prevalence of scams in the trading world, which has given trading a bad reputation, but emphasizes that genuine traders can achieve significant success.
Q & A
What was the speaker's primary desire since a young age?
-The speaker's primary desire since a young age was to be independent and free, not wanting to follow the 'normal route' or become a part of a system that they perceived as making people slaves to the government's agenda.
What did the speaker believe about the conventional education and job system?
-The speaker believed that the conventional education and job system is a government attempt to make people slaves and to comply with whatever agenda the government is trying to push.
What was the first step the speaker took after school to find their path?
-The first step the speaker took after school was to identify what they truly wanted, as they believed that many people go through life without a clear plan or understanding of their desires.
What are the three main components the speaker believes are needed for freedom?
-The three main components the speaker believes are needed for freedom are income, time, and good relationships.
Why did the speaker initially consider dropshipping as a potential path?
-The speaker initially considered dropshipping because it could potentially provide good income and seemed to offer time freedom and location freedom, which are important for achieving the freedom they craved.
What limitations did the speaker find with dropshipping in terms of achieving freedom?
-The speaker found that dropshipping lacks location freedom when scaling up, as it requires having physical locations, and it involves maintaining relationships with manufacturers and customers, which can be restrictive.
What is the speaker's view on social media marketing agencies (SMMA) in relation to freedom?
-The speaker views SMMA as not providing true freedom due to the need to maintain relationships with clients and team members, and the time-consuming nature of the work, especially in the beginning stages.
What is the 'gold mine' the speaker refers to and why did they consider it?
-The 'gold mine' the speaker refers to is trading. They considered it because it can provide significant income without needing a lot of capital to start, offers time freedom due to specific trading sessions, and requires no relationships to maintain.
Why does the speaker believe trading can be the key to freedom?
-The speaker believes trading can be the key to freedom because it meets all the criteria of freedom: it provides income, time freedom, no need for relationship maintenance, and location freedom.
What is the speaker's view on the reputation of trading due to scamming courses?
-The speaker acknowledges that trading has a bad reputation due to scamming courses and people who claim to trade but actually make money by convincing others to pay them, rather than through actual trading.
How does the speaker differentiate between real and fake traders?
-The speaker differentiates between real and fake traders by stating that real traders are often unknown to the public, they trade quietly and successfully without the need for social media following, whereas fake traders seek attention and validation on social media platforms.
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