Oct 22, 2023 By Susan Kelly
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Before the age of 35, I was in debt,
owing a substantial sum of money. But now, I've managed to consistently earn an extra $1000000
per year. Has something changed? Not really. I used to work long hours, sacrificing my time and
effort, yet struggled to make money. Now, I work just three hours a day and enjoy financial
stability. What changed for me was my perspective.
Here are some key insights for
achieving financial success and personal growth:
1. Eliminate Ineffective Social
Interactions:
One fundamental principle is to minimize ineffective social interactions. Many
times, meeting people and engaging in conversations, including business dealings, yield minimal
results. How do you identify such unproductive interactions? If it's not necessary, avoid them.
The core logic underlying this advice lies in mathematics and semiotics, coupled with an
understanding of human nature. Self-reflection is crucial. Who am I? Who will I become in the
next five or ten years? How will the world change? If you haven't experienced this kind of
independent thinking, you're not truly an adult.
2. The Power of Strategic
Choices:
Your choices are more important than your efforts. Employers often face a challenge
called "path dependency." As we all know, this concept represents a turning point in the
development of the world. What will happen in the next three, five, or ten years? Do you know?
Have you adapted? In recent times, how you make decisions can be even more impactful than how
hard you work.
3. The Significance of Generating Traffic:
If you're a business owner
or an aspiring entrepreneur, you must personally engage in building and controlling traffic.
Stand out in the crowd. Share your opinions openly. Even with our current scale of business, I
could easily find people to help me produce videos and manage my content. However, up to this
point, most of the videos, including this one, have been produced and edited by me. I hold my
smartphone to shoot them. I initiate the flow, and I continue to tap into this resource. Why?
Because the core process of generating and controlling traffic must remain in the owner's hands.
This is the essence of a successful company.
4. Be Realistic and Manageable:
Many
individuals face the burden of debt due to overestimating their abilities. They believe that
their success is solely due to their intelligence and wisdom. In reality, a portion of their
success is often due to good fortune. We focus on low-risk, high-certainty businesses. In my
view, there are only two lanes to drive in: knowledge sharing and artificial intelligence. We
follow a strict principle of receiving payments upfront. We never lend money to those who owe
us, and we avoid the pitfalls of future high expectations.
5. The Value of Spending
Wisely:
Efficient spending on matters that can be solved with money is crucial. It helps you
distance yourself from people who don't understand the value of money and who indulge in wishful
thinking. These are the individuals who promise but don't deliver. Time is a valuable resource.
The simpler, purer, and happier you keep your life, the more financially successful you will
become.
6. A Thought Experiment:
Imagine that you made a million dollars this year.
How can you, under high certainty and low risk, double your earnings to two million dollars next
year? Share your answers in the comments section.
In the journey of life, the principles
mentioned above can help you navigate the complexities of success, financial prosperity, and
personal growth. The key is to develop a deep understanding of the factors that drive your
financial progress and to adopt a mindset that allows you to make strategic choices for your
future.
This comprehensive understanding will ensure that you don't merely work hard but
work smart and secure your path to a prosperous and fulfilling life.