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Summary

This video script delves into the wealth-building wisdom of Jewish entrepreneurs, highlighting 11 key money-making principles such as 'Wheat Thinking' and 'Smile Thinking'. It showcases the importance of investing wisely, maintaining a positive demeanor, and thinking creatively to accumulate wealth. The script emphasizes that adopting the mindset of the rich, including leveraging capital and embracing opportunities, is crucial for financial success.

Takeaways

• 🤔 The script emphasizes the importance of thinking like the wealthy, attributing the success of many affluent Jewish entrepreneurs to their mindset and strategies outlined in the Talmud.
• 🌾 The 'Wheat thinking' concept suggests that capital should be invested to generate more wealth, rather than being consumed without producing value.
• 💰 Rockefeller's story illustrates the principle of waiting for the right opportunity to invest capital wisely, leading to significant wealth accumulation.
• 😊 'Smile thinking' posits that a positive and approachable demeanor can lead to greater success in sales and business interactions.
• 🤝 The 'Six-cent thinking' story demonstrates the power of creative thinking and leveraging resources efficiently to achieve financial goals.
• 🎲 'Game thinking' encourages viewing the process of making money as a competitive yet enjoyable game, which can lead to better financial outcomes.
• 🧶 'Cotton thinking' highlights the importance of mutual benefit in business transactions, suggesting that helping others can pave the way for one's own success.
• 💧 'Water delivery thinking' showcases the potential of innovative ideas and acting as an intermediary to connect different needs and generate profit.
• 🔄 The '22:78 thinking' or the 80/20 rule is presented as a strategy for focusing on high-impact activities that yield the most significant results.
• 🔑 'Value-based connections' stresses that building meaningful relationships is more effective when one offers substantial value to others.
• 📈 'Sunny thinking' warns against complacency and the importance of preparing for future uncertainties to maintain financial stability.
• 🛗 'Elevator thinking' cautions against blindly following trends and emphasizes the need for independent thought and strategy in wealth creation.
• 💡 'Cheap thinking' is presented as a barrier to wealth, suggesting that investing in oneself and long-term growth is more beneficial than short-term savings.

Q & A

What is the 'Wheat thinking' concept mentioned in the script?

Wheat thinking refers to the idea of using the principal, or seed capital, to generate more wealth rather than consuming it. It is about investing and growing wealth rather than using it for immediate consumption, as exemplified by Rockefeller's early business decisions.

Why is the 'Smile thinking' considered important in the script?

Smile thinking is considered important because it suggests that a positive and friendly demeanor can lead to better relationships and business opportunities. The script mentions research indicating that teenagers who smile more tend to earn more as adults, and it highlights the success of salesperson William Whyra, who used a smile to boost his sales.

What is the significance of the 'Six-cent thinking' story in the script?

The 'Six-cent thinking' story illustrates the power of creative and unconventional thinking in financial matters. It tells of a Jew who used a large sum of stocks as collateral to borrow a small amount of money, thereby saving on the costs of a safe deposit box, demonstrating clever use of resources and opportunities.

What does the 'Game thinking' concept entail?

Game thinking is about treating the process of making money as a competitive game, where one must constantly strive to outperform others. It emphasizes enjoying the challenge and competition of wealth creation rather than being burdened by the amount of money one has.

Can you explain the 'Cotton thinking' mentioned in the script?

Cotton thinking is about finding mutually beneficial solutions in business. It is illustrated by the story of Lehman Brothers, who allowed farmers to exchange cotton for goods, thus solving the problem of low purchasing power and driving sales, which eventually led to their success.

What is the 'Water delivery thinking' and how did it benefit the poor Jewish boy?

Water delivery thinking is about identifying unconventional opportunities and creating value in unexpected ways. The poor Jewish boy decided to give away water for free but charged for delivery, which attracted a large customer base. He then used this customer data to negotiate advertising deals with businesses, turning a simple water delivery service into a profitable venture.

What is the concept of 'Intermediate thinking' as described in the script?

Intermediate thinking is about acting as a bridge between different parties to meet their needs and create value for all involved. The script uses the example of the water delivery boy who connected consumers needing free water with businesses looking for advertising opportunities.

What does the '22:78 Thinking' refer to in the script?

The '22:78 Thinking' is similar to the 80/20 rule, suggesting that a small percentage of efforts or resources can lead to a large percentage of results or rewards. It encourages focusing on the most impactful actions or customers that can yield the greatest benefits.

What is the moral of the fable about the poor man and the rich man in the script?

The moral of the fable is that wealth and success are not just about resources but also about mindset and strategy. Even when both the poor and rich man start with the same opportunity, their different approaches to wealth creation lead to different outcomes.

What is the 'Cage thinking' and how did it limit the first businessman in the script?

Cage thinking refers to being trapped by traditional or conventional ways of thinking, which can limit innovation and success. The first businessman, who was focused on building larger cages for a zoo, failed to see an alternative solution and was eventually outperformed by another businessman who put people in 'cages' and let the animals roam freely.

What is the 'Sunny thinking' and why is it important for long-term success?

Sunny thinking is about being prepared for future challenges and not just enjoying the present success. It is important for long-term success because it encourages continuous growth and adaptation to change, preventing one from being caught off guard by unexpected difficulties.

What does 'Elevator thinking' represent in the script?

Elevator thinking represents the tendency to follow the crowd without considering one's own unique path or strategy. It warns against blindly following trends or the actions of others without independent thought, which can lead to failure or mediocrity.

What is the main message behind the 'Cheap thinking' concept in the script?

The main message behind 'Cheap thinking' is that being overly frugal, especially when it comes to investing in one's own growth and development, can hinder long-term success. It suggests that spending money wisely on self-improvement can lead to greater achievements and wealth in the future.

Outlines

00:00

💰 The Art of Wealth Accumulation: Jewish Business Wisdom

This paragraph delves into the financial acumen of Jewish entrepreneurs, highlighting their significant representation among the world's wealthiest individuals. The narrative emphasizes the importance of using one's intellect to generate wealth, as exemplified by figures like Rockefeller and Buffett. It introduces the concept of 'wheat thinking,' which encourages investment and growth rather than consumption. The story of Rockefeller's strategic entry into the oil industry illustrates the principle of waiting for the right moment to invest, leading to his dominance in the sector. The paragraph also underscores the value of maintaining one's capital and the psychological benefits of a positive demeanor in business, suggesting that a smiling mindset can predict future earnings.

05:01

😄 The Power of Positivity and Creative Financing

The second paragraph explores the concept of 'smile thinking,' linking a positive attitude to financial success and referencing research that suggests a correlation between teenage happiness and adult earning power. It tells the story of William Whyra, a sales master who cultivated an irresistible smile to boost his sales, and Donald Hilton's assertion that a smile is a low-cost, high-return investment. The narrative also introduces 'six-cent thinking,' a tale from the Talmud about a Jewish man who cleverly uses the banking system to secure low-cost storage for his valuables, demonstrating innovative thinking and the ability to turn traditional concepts on their head for financial gain.

10:02

🤝 The Philosophy of Win-Win Business and Intermediary Opportunities

This paragraph discusses the Jewish business philosophy of ensuring win-win situations, as illustrated by the story of Lehman Brothers, who capitalized on the cotton trade to mutual benefit. It introduces the concept of 'water delivery thinking,' where a poor boy revolutionizes his business by giving away water for free and monetizing the advertising potential on his delivery buckets. The narrative emphasizes the value of intermediary thinking, where fulfilling the needs of two parties can lead to substantial profits, drawing parallels to modern apps that serve as intermediaries between consumers and businesses.

18:14

💡 Breaking Free from Conventional Thinking for Financial Success

The fourth paragraph challenges conventional thinking with various examples, such as the British businessman who reimagines the safari park experience by putting people in 'cages' instead of animals. It discusses the importance of breaking free from 'cage thinking' and being open to innovative ideas that can lead to success, as evidenced by Carlgen Baker's private zoo. The narrative also touches on 'sunny thinking,' warning against complacency and the importance of preparing for future uncertainties, and 'elevator thinking,' cautioning against blindly following the crowd and the importance of independent thought in achieving success.

23:17

🚶‍♂️ The Perils of Cheap Thinking and the Path to Cognitive Wealth

The final paragraph examines the impact of 'cheap thinking' on long-term financial stability, using the example of Barbara Ehrenreich's study, which found that individuals who chose to live cheaply in remote areas ended up with less time for self-improvement and became trapped in a cycle of poverty. It contrasts this with the mindset of the wealthy, who invest in their growth and development. The paragraph concludes with the idea that cognitive dividends are the true measure of one's financial success and that breaking free from poverty requires a shift in thinking, embracing opportunities, and investing in oneself.

Keywords

💡Wealth Mindset

Wealth Mindset refers to the mental attitude and thought patterns that are believed to contribute to financial success. In the video, it is suggested that adopting a wealth mindset is crucial for accumulating wealth, as it influences one's approach to money and opportunities. Examples from the script include the 'Wheat thinking' and 'Smile thinking', which are specific mindsets that lead to wealth accumulation and positive interactions, respectively.

💡Principal

The term 'Principal' in finance refers to the original amount of a deposit or investment. The video emphasizes the importance of not losing one's principal as a foundational rule for wealth creation, as it ensures that the capital can continue to grow and generate returns. The script mentions Rockefeller's adherence to this principle, which allowed him to expand his business and become wealthy.

💡Opportunity

Opportunity in the context of the video represents moments or conditions that are favorable for wealth creation. The script illustrates this with Rockefeller waiting for the right moment to invest in the oil industry, showing that recognizing and seizing opportunities is key to financial success.

💡Talmud

The Talmud is a central text of Rabbinic Judaism, which the video uses as a metaphor for the collective wisdom and teachings that guide financial behavior. It is mentioned as a source where Jews have written their money-making experiences, indicating its importance in shaping their financial strategies and mindset.

💡Cognitive Dividend

Cognitive Dividend refers to the financial or intellectual gains derived from one's understanding or awareness. The video suggests that every penny earned or lost is a reflection of one's knowledge or cognitive shortcomings. This concept underscores the importance of continuous learning and self-improvement in achieving wealth.

💡Intermediary Thinking

Intermediary Thinking is the concept of acting as a middleman to connect different parties and facilitate transactions, thereby profiting from the service provided. The video script uses the example of a water delivery man who turns his business into a successful venture by giving away free water and acting as an intermediary for advertising, demonstrating the power of this thinking in wealth creation.

💡22:78 Thinking

22:78 Thinking is a variation of the 80/20 rule, suggesting that a small proportion of efforts or resources can lead to a large proportion of results or rewards. The video script explains that focusing on high-impact activities or clients can lead to significant wealth creation, as illustrated by the second salesperson who targets wealthy clients for greater returns.

💡Sunny Thinking

Sunny Thinking is the practice of being prepared for future uncertainties, akin to keeping an umbrella on a sunny day. The video uses this concept to highlight the importance of foresight and planning in wealth management, as it helps individuals to anticipate and mitigate potential risks, ensuring financial stability.

💡Elevator Thinking

Elevator Thinking is the tendency to follow the crowd or popular trends without independent thought. The video warns against this mindset, as it can lead to making decisions based on others' choices rather than one's own judgment, which may not be conducive to wealth creation or personal growth.

💡Cheap Thinking

Cheap Thinking is the mindset of prioritizing immediate cost savings over long-term benefits. The video script describes how this mindset can hinder personal development and wealth accumulation, as it may lead to missed opportunities for self-improvement and growth due to a focus on short-term savings.

💡Cognitive Defects

Cognitive Defects refer to gaps or errors in one's understanding or judgment that can lead to financial losses. The video script mentions that every penny lost is due to such cognitive defects, emphasizing the need for continuous learning and awareness to avoid these pitfalls and secure wealth.

Highlights

Jews constitute nearly half of the world's richest entrepreneurs, attributing their success to the use of brainpower and the teachings of the Talmud.

The 'Wheat thinking' concept emphasizes the importance of investing capital to generate wealth, as exemplified by Rockefeller's strategic investments in the oil industry.

The 'Smile thinking' suggests that a positive attitude can predict earning power, with the story of William Whyra illustrating the power of a smile in sales.

The 'Six-cent thinking' narrates a story of a Jew using a large sum as collateral to borrow a small amount, showcasing creative thinking in financial dealings.

The 'Game thinking' likens money-making to a game, where Jewish tycoons like Morgan view the process as fun and competitive.

The 'Cotton thinking' from the Talmud illustrates a win-win business strategy by Lehman Brothers, exchanging goods for cotton to boost sales and help farmers.

The story of a poor Jewish boy who gave away water for free but made a profit through advertising and commissions demonstrates 'Water delivery thinking'.

The concept of 'Intermediate thinking' is introduced through the water delivery story, emphasizing the value of connecting different needs for mutual benefit.

The '22:78 Thinking' or the 28 rule is discussed, suggesting that focusing on high-impact investments can lead to significant wealth accumulation.

The importance of 'Value-based connections' is highlighted, stating that personal value determines the strength and usefulness of one's network.

A fable about a poor man and a rich man given the same opportunity to dig coal illustrates the impact of 'Cage thinking' on wealth creation.

The 'Sunny thinking' concept warns against complacency and the importance of preparing for future uncertainties in wealth management.

The 'Elevator thinking' metaphor describes the pitfalls of following the crowd in business decisions instead of forging one's own path.

The book 'My Life at the Bottom' by Barbara Ehrenreich is referenced to discuss the negative impacts of 'Cheap thinking' on long-term wealth potential.

The transcript concludes with the assertion that changing one's mental model is crucial for escaping poverty and attracting wealth.

Transcripts

Among the richest entrepreneurs in the world

Jews account for nearly half

Oil tycoon Rockefeller, Wall Street giant Morgan

Stock investor Buffett...these world-famous super-rich people

they are all jews

As one of the most intelligent races in the world

The first rule for Jews to make money is - use your brain

They summed up their money-making experience

Written into the Talmud and passed down from generation to generation

Today, I summarized 11 thoughts of rich people

Understand Jewish wisdom and develop a gold-absorbing physique

Wealth will naturally find you

1. Wheat thinking

There is a saying in the Talmud:

Wheat can be lent to tenants for seed

But the wheat used for seeding is not edible

What does that mean?

Jews believe that wheat as a seed

It must be planted in the soil

Let them take root and sprout and produce new wheat

But if you grind them into powder and make them into bread,

It’s pure consumption behavior

Can't produce any value

In other words, use the principal to squander it

you can never escape poverty

Only by learning how to make money make money

Only then can you truly become rich

Rockefeller believed this since he was a child

When he graduated from high school, he borrowed $1,000 from his father

Opened a company with a friend

Accumulated a little capital

In 1860, he fell in love with the oil industry

But oil prices were too high at the time, so he examined the market conditions

Decided to wait quietly for the opportunity

3 years later, when the price of crude oil dropped to 10 cents

He thinks the opportunity has come for the seeds to germinate

So he sold the company

Purchased a large amount of oil refining equipment

He soon made a lot of money

After becoming rich

He did not spend the money he earned

Instead, continue to treat it as principal

Investing in new technologies for refining

In this way, he expanded his business territory step by step

Monopolized the U.S. oil industry

Become the world's largest oil businessman

And the wheat he has planted over the years,

Finally had a high yield

Buffett has two lifelong sayings:

The first sentence, always remember to keep your principal

Second sentence, always remember the first sentence

as an ordinary person

The time and opportunities we have to make money in our lives are limited.

Only with the first principle of not losing principal

Our capital can continue to accumulate;

Let the money roll like a snowball

Only then will wealth come to us in a steady stream

There is no shortcut to making money

When you can keep your principal growing

You are already on the road to wealth

2. Smile thinking

psychologists think

How much a teenager smiles can be predicted

their earning power as adults.

They discovered through research;

What Laughter Teens Earn at Age 29

The level is 10% higher than the average,

Teenagers who don't like to laugh are 30% lower than average.

This means that people with a smiling mind

often make more money

Jews regard this as a norm

And wrote in the Talmud:

Smile brings a lot of money

In the book, there is a sales master William Whyra

Make millions a year by selling life insurance

And his secret to making money

It's because he has a smiling face that customers can't refuse

However, this smiling face was not born

It’s about hard training the day after tomorrow

He has also been turned away by customers time and time again.

But he was not discouraged

Instead, I went home and tried my best to practice smiling.

for best results

His home is plastered with smiling faces of celebrities

I also bought a big mirror so I can adjust my expression at any time.

In this way, he gradually mastered the essence of smile

I developed that million-dollar smile

He said that smile is not just an expression

It’s a habit of thinking

And people who think with a smile

Easier to build closer relationships with customers

It’s also easier to benefit from it

Donald Hilton once said:

Smile is the simplest, cheapest and most feasible service

more importantly

Smile is the investment with the lowest cost and highest return

in this world

All business is an exchange of value between people

And have a smiling mind

People can magnify their own advantages

Gain the other person's favor

Always smile at others

Others will also be willing to pay for your value

Smile more

Use smile as your power to get rich

You will become rich soon

3. Six-cent thinking

There is such a story recorded in the Talmud

A Jew walks into a New York bank

Say to the loan manager: I want to borrow some money

The manager asked: OK, how much do you want to borrow?

$ 1

May I?

Of course, as long as there is a guarantee

It doesn’t hurt to have more

The Jew took out a pile of stocks from his leather bag

Put it on the manager's desk

A total of US$500,000. Are these guarantees enough?

Of course that's enough

As long as you pay 6 cents interest

The principal will be returned after one year

We can return these shares to you

With that said, the manager put away the stocks

and handed him $1

The Jew took the money

Say thank you and prepare to leave

Just as he was about to walk out of the bank door

The branch manager, who had been watching from the sidelines, quickly chased after him.

And said: Sorry sir

I really don't understand

You have $500,000, why only borrow $1?

If you'd like to borrow more, we'd be happy to do so...

But the Jew smiled and said:

Please don't worry about me, before I come to your bank

I asked several banks

Their safe rentals are very expensive

So, I am going to deposit these stocks in your bank

Trade 6 cents for $500,000 in security

It's really a good deal

Sometimes, the lever of thinking is so powerful

Just change the mindset of renting to the mindset of borrowing money

The Jews thus kept their capital safely

As Bill Gates said: Open your mind

Everything can make money

With limited thinking, people cannot see more possibilities;

If we don’t know how to adapt, we will only suffer losses.

in this world

Everywhere may be a map to a treasure

When this road is blocked, you might as well learn to make a turn in your thinking

Maybe the secret to making money

Hidden in your flash of inspiration

Before we go any further

I would like to ask you not to forget to subscribe to the "Way of Money" channel

We will continue to unlock more truths about money for you

Leading everyone on the true road to wealth

4. Game thinking

The Jews wrote in the Talmud

Such a famous saying: Money is not sacred

Not an unattainable sacred object

To them, money is like clothes

Just a useful item

Many Jewish tycoons hold tens of millions in property

But there will never be any psychological burden due to the amount of wealth.

They describe their status this way:

When you make money, you enter a game world

as a participant in the game

You have to constantly compete and compete with your opponents

As long as you surpass everyone

The final victory must belong to you

Financier Morgan held this view

when it comes to investing

He always said:

while playing poker

You should carefully observe every player

You'll see a scapegoat

If you can't see it, then you are the one being taken advantage of.

As a millionaire, Morgan loves to make money

But never live for money

When others are spending money to buy luxury cars and luxury homes,

He was just studying the stock market conditions of the day carefully.

A colleague was puzzled and asked him: Are you so rich?

Why are you still working so hard?

Morgan said:

Money is not important to me, but the process of making money

That is, continuous acceptance of challenges is the real fun

Treat money as normal and make money as fun

This kind of game thinking

This is the genius of Jewish businessmen

Glass king Cao Dewang once said: Never take money seriously

Money is for fun

Treat the process of making money as a game

Upgrade by constantly fighting monsters

Solve the problems that stand in front of you one by one

You are immersed in the process and forget about gains and losses.

Let go of the illusory glory

Wait until you finish the game

Money is just an accessory to your victory

5. Cotton thinking

If a person has no cash and no savings

How can you make money on them?

In Talmud

Lehman Brothers was in this predicament

Created a legend of millions of sales

1844

A Jew named Henry Lehman

Moved to somewhere in the United States

Running a grocery business with my two brothers

Local farmers’ income is not high

Can only live on the meager profits generated by growing cotton

As a result, farmers’ purchasing power is very low

It will be difficult to sell the goods in Lehman's store

How to do it?

Leman thought about it

Focus on farmers’ cotton

He believes that the essence of buying and selling is to make a profit together

Don’t just think about making money for yourself

We also have to solve the problems of farmers

So he encouraged everyone to exchange cotton for daily necessities

Thus

Attract customers who don’t have cash

Drive in-store sales;

It also provides convenience to farmers

So that they don't have to go to other places to sell cotton

You can also buy what you need

By this method

Lehman Brothers' business was getting better and better, and it didn't take long

They became famous local wealthy businessmen

There is a famous saying among Jews: Even if the contract is revoked

Also ensure a win-win situation

If a person only wants to earn benefits from others

It’s very possible that all the water in a bamboo basket will be lost.

Think only about yourself

Fortune will also take a detour from him

Many times, winning a favorable situation for others

In fact, you are paving the way for yourself to make money.

When you learn to do things in a win-win way

Making money is just a natural thing

6. Water delivery thinking

There was a poor Jewish boy

I have been doing water delivery work for a long time

What I do every day is to keep delivering water

Once he saw a child putting stickers on the back of a bottle of water

He suddenly became enlightened

I made a very bold decision to stop selling water.

Instead, water will be given away for free

This seems silly behavior

It directly made him hundreds of thousands a year

There's a big business

He only charges one dollar for delivery

No other dimes will be charged

Simply served dozens of customers

Good things like this must be spread from one person to another.

Suddenly he had more than 10,000 customers

Here comes the point

He organized these customers in the form of data

Then go to various businesses to discuss cooperation

He said he has many loyal customers

You can advertise businesses on buckets

The publicity efficiency of the bucket is quite good

One bucket can post multiple advertisements

And the place where the bucket is placed must be a very common place.

This means that exposure is at your fingertips!

So many businesses are willing to cooperate with him

After the merchant tasted the sweetness, the young man told him again

Customers who came through bucket promotion

If you consume, commission will be charged

Merchants have already tasted the benefits

And also after the customer consumes

You just have to pay for it yourself.

So I happily agreed, and the young man made a lot of money.

This story contains a lot of valuable wisdom

But I think the wisdom that can best help us turn around and fight back

Or intermediate thinking

This guy is actually an intermediary

By meeting the needs of these two parties separately

Connect consumers and merchants

Consumers are in need of free water, so the guy gives it to them

Businesses lack publicity opportunities

The bucket the guy gave me can be used!

Being an intermediary can greatly improve the efficiency of our lives

There are many such examples in life

A friend of yours wants to find a girlfriend

A friend wants to find a boyfriend

If you act as an intermediary and connect them, you can get a meal

If they have a good relationship

I will also be very grateful to you

What you pay for here

Not too much really!

You will find that the most profitable apps today

In essence, they are all acting as intermediaries.

For example, a group buying app

In fact, it meets the needs of consumers and businesses

Make consumers more clear and intuitive

Find the business you want to go to

The merchants have more exposure. In addition,

They don't need to do much

You can take a cut from both ends

Start developing intermediary awareness as soon as possible

Try to meet different needs

with little effort

You can achieve astonishing profits

Economist Yunus once said:

The reason why the poor are poor

A big reason is limited thinking

I know two salespeople, one is from school

5 years later, the first sales are still struggling at the bottom

And the second sale

He has a house, a car, a lovely wife, and a monthly salary of 50,000

This is how the first sale worked

Any customer who enters the store

He will go all out to serve them

Absolutely no discrimination

There seems to be nothing wrong with this

This is how the second sale works

Any customer who enters the store

He will provide basic services

But he is very stingy,

Only strong customers

He will go all out to serve

This seems to many people to be a very realistic behavior

Very disgusted with this behavior

but i tell you

Such behavior is the use of 22:

78 Thinking makes you crazy and benefit!

Invest a large amount of principal into high-return investments

Can you not benefit massively?

This is what the second salesperson does

He devoted all his time and energy to

The client who owns 80% of the wealth

They just need to pay a little attention to him

He will get a lot of benefits!

The first sale was too fair

This resulted in him investing a lot of energy into

Can't bring him much in return

Among those who own 20% of the wealth

The gains brought are extremely limited!

This thinking can be extended

Let all aspects of our lives be better!

For example, making friends

Many people make friends casually

This may take a lot of time and energy

Spent on friends who can’t bring me any help

becoming more and more common

But understand 22:78 thinking

We will devote more energy and time

Spend it on those who are worthy

make friends with them

I also continue to benefit from it

You have 10 things to do at work

Many people deal with it in a disorganized manner

And people who understand this thinking

May find the most important and urgent matters that affect the overall situation to deal with

22:78 Thinking

In fact, it is calling on us to give everything we have

Spend as much time as possible on the things that matter most!

It's actually very simple to find the key points in everything

What points can easily affect the overall situation?

that's the point

Your value determines your connections

This is so important

Many people just don’t understand the nature of connections

Blindly pursuing so-called false connections

Causing myself to waste a lot of time and energy

Seriously affects personal development efficiency!

They think that as long as they often interact with others

You can get a lot of connections

Networking can bring us more opportunities to turn around

But the essence of connections is actually value

the more valuable you are

The more connections you have, the stronger they will be!

Human nature is to pursue interests

when you have no value

If others are still willing to become your connections

It goes against their instinct

Actually, think about it from another angle

if there is a person

It won't be of any help to you

If he bothers you every day, would you want to be friends with him?

Not at all!

But if there is another person, he understands you especially

know when you feel sad

know what you care about

You will be very willing to get along with him

It's because this person is valuable to you

He has brought you a lot of benefits

Both psychological and material benefits count!

So if we want to make good use of our connections to help ourselves turn over,

Don't waste any more time

Go directly to improve your own value in all aspects

Try to bring benefits to others

No need to do much else

Your life will naturally change for the better!

The height cannot be reached by thinking, nor can it be reached by footsteps.

There is such a fable:

A poor man cried bitterly in front of Buddha

Complain about why the rich are leisurely and comfortable every day

But I always suffer hardships

Buddha asked, how do you think it is fair?

The poor said: Let the rich be as poor as me

Do the same job

Buddha agreed

He made a rich man as poor as a poor man

and gave each of them a mountain of coal

The coal dug out can be sold

Poor people are used to doing hard work

Soon a load of coal was dug

Sell ​​the money and eat and drink

Rich people have never done hard work

I barely managed to dig out a car in the evening

He only bought a few steamed buns with the money he got in exchange.

The rest of the money was kept

In the days to come, the poor will continue to dig coal

Rich people also dig coal and slowly use the money they save

Recruit employees to dig for him

Over time

The poor worked so hard that they only dug a corner of the coal mountain.

All the money earned is spent on food and drink

Didn't save a penny

The rich have already ordered workers to dig up all the coal mountains

He used the money he earned from selling coal to invest in business

Became rich again soon

After reading this story

Are you the poor or the rich person in the story?

In fact, the key to determining whether a person is rich or poor

It often depends on people’s thinking

What kind of thinking do you have

What kind of life will you live?

8. Cage thinking

early twentieth century

A British businessman plans to build a new business in the African savannah

Build a safari park on

In order to better show the ferocity of animals

How to make a cage bigger and stronger

is the biggest problem

He invited many experts

But came to this conclusion:

Unless the cage is built so that no boundaries can be seen

Otherwise, the zoo will not reflect the wild and natural characteristics

But the cost will far exceed the budget

The cleaner nearby said casually:

Why does it have to be an animal in the cage?

The businessman smiled contemptuously after hearing this

Think the cleaner is whimsical

Continue to invest in cage construction

But another young businessman present listened.

He designed a special sightseeing car

Let the animal out of the cage

Put people in cages

Relying on this sightseeing car

He built the world's largest private zoo

Make a lot of money

He is the legendary British businessman Carlgen Baker

The first businessman was trapped in a cage mentality

Investing a lot of money but getting nothing

Industries were acquired by Kalgenbeck

Schopenhauer once said: The greatest prison in the world

It’s human thinking consciousness

Many times, it is not the environment that limits a person

Not ability, but inherent way of thinking

When you hit a bottleneck, try reminding yourself:

If the mountain can't be reached, I'll go there. If this road doesn't work, find another way.

Break out of the established framework

See life from a different perspective

Your life may no longer have boundaries

9. Sunny thinking

As the saying goes: Keep an umbrella on sunny days, and you won’t have to worry about rainy days.

But the poor only see the sunny sky in front of them

Can’t see the rainy days ahead

There is a story in "Deep Thinking"

twenty years ago

A talented student from Tsinghua University went to work as a technician in a steel factory

He is highly educated and willing to endure hardships

I was quickly promoted to the management level with a salary increase.

At the same time, he also found that the efficiency of the steel plant had declined seriously.

Traditional industries are shrinking

The Internet era is coming

After much thought, he decided to resign from his job at the steel factory

Entering the e-commerce industry

Everyone couldn't understand and advised him to keep his iron rice bowl.

Don't fantasize all day long

But he has seen clearly the undercurrents under so-called stability.

Leave firmly

ten years later

The e-commerce company he founded has annual profits of tens of millions

And those who are guarding the iron rice bowl, the unemployed are unemployed

salary cut salary cut

Few people have done more

Many people have never experienced wind and rain

I thought life would always be smooth sailing

But in this rapidly changing era

You can never predict which direction a black swan will fly from

Skillful cashier

May be replaced by smart checkouts;

Skilled painters are laid off one after another

Sunny thinking will prevent you from seeing hidden risks

But the storm will come sooner or later

Don’t wait until the huge wave of the times appears before your eyes

Then I realized I was powerless

Let yourself always maintain a sense of crisis and grow

To make progress and embrace all possibilities

Only in this way can we survive in an ever-changing world

Always have your own place

10. Elevator thinking

Let’s see a picture

There is only one person on the empty stairs

The narrow elevator is crowded with people

It seems that the more crowded the road is

The easier it is for people to follow

Is there anyone like this around you:

Hearing about making money in the stock market, he blindly entered the market;

Seeing that short videos are popular, I want to do live broadcasts;

Seeing that all my colleagues are taking public exams, they also signed up for exam classes...

As a result, all the money invested in stocks was lost, and the popularity of the live broadcast was bleak.

It is difficult to get ashore due to public examination

Countless people in the world fall into elevator thinking like this

Jumped into the trap that was arranged

Taking other people's path will only lead to nowhere for you to go.

Just like a story Buffett told:

In a small town, a businessman opened a gas station

Business is very good

After the second businessman came

He also opened a gas station.

The third, fourth...

There are more and more gas stations in small towns

Business is getting worse and worse

All the businessmen who came later lost their fortunes.

American writer Robert Kiyosaki

The book "Rich Dad Poor Dad" writes:

in the process of accumulating wealth

The most difficult thing is to stick to your own

Choose rather than blindly follow the crowd

Take a moment to observe

You'll find people who stand out

Often people who can think independently

This kind of person will not follow the trend

Reject emotional contagion and be able to distinguish right from wrong

Think more before doing anything

It is precisely because of this

They have firmly grasped the initiative in life

most of the time

It is more important to look up at the road than to look down to pull the car

Find your own direction and persist in cultivating

Only then can you quietly stand out in the accumulation of years

11. Cheap thinking

"My Life at the Bottom" by Barbara Ehrenreich

Twenty college students who graduated from the same school were recorded

Their family backgrounds, grades, and abilities are all about the same

ten years later

There is a huge gap between rich and poor

Ehrenreich focused on interviewing six of the poorest people

Their experiences were found to be very similar:

After going to work, I am greedy for cheap and choose to live in remote suburbs.

Spend a lot of time on the road every day

therefore

They have less and less time for self-improvement

Gradually become a working machine

unable to do anything else

Ehrenreich wrote in the book:

There is a big misunderstanding in the thinking of poor people

It’s just that money is too important

Wealth will only flow to those who best match it

People with cheap thinking

Often unwilling to make self-investments that benefit long-term development

thus trapped in a cycle of poverty

And people who think like rich people

Never skimp on self-improvement

Therefore, higher achievements can be achieved

Even if everyone is on the same starting line

People who are deeply mired in cheap thinking will also

Not willing to spend money to grow and slowly fall behind

There is a saying that I have always recognized:

Every penny you earn is a realization of your knowledge;

Every penny you lose is due to cognitive defects

The world is changing rapidly

Emerging technologies and business formats continue to emerge

All industries are facing disruptive changes

Try your best to save money

Far inferior to constantly using money to increase one’s own value

Spend money on meaningful things

The things you invest in yourself

You will see rewards in the future

"Cognitive Dividend" says: Your achievements in this life

How high can it reach in the end?

It’s supported by your thinking model

Thoughts determine the way out, thinking cannot reach a height

Unable to reach even with footsteps

Please always remember that there is nothing more terrible than poverty

Can’t get out of the vicious circle of poor people’s thinking

Keep grinding on things and enlightening in the world

One day, you will break out of the circle that confines you

see the bigger world

▽

I heard a saying, the essence of wealth

It’s the manifestation of thinking

People with empty heads and single thoughts

Can only be limited to the eyes

Passed by wealth

And when you break out of the cocoon of thinking

See the world beyond the blind spot

Opportunities to make money will also emerge.

As the Talmud says:

Thinking helps you see others

Invisible things and benefits

If you are suffering from poverty now

Can't find an entry point to break the situation

You might as well change your ideas first

Learn to think like rich people

When you change your mental model

Breaking through one's own cognitive limitations

Wealth will naturally flow to you

Follow me, I am the way to wealth

Let you unlock the truth about more money!

7. 22:78 thinking

Jewish thinking seems very complicated

In fact, it has almost the same meaning as the 28 rule

80% of the world's people own 20% of the wealth

20% of the people own 80% of the wealth

understand this

Our wealth creation efficiency will be greatly improved

Give me an example and you will understand