When we left campus and entered the workplace, everyone’s starting point was actually very low and their salaries were not high. But after more than ten years, some of the classmates in the same class became very successful and became rich, and their wealth grew faster and faster. They come faster and faster; some still stay where they are without much change. Whenever we lie in bed tiredly in the dead of night, we can't help but ask ourselves, why is this?
Why are there people with college degrees who are mediocre and have no achievements in their careers, while others can advance in their careers and earn a lot of money?
Why do some people with the same income only slowly increase their wealth through investment and financial management, while others achieve explosive growth?
Why do some people get heavily in debt and become house slaves and car slaves even when they borrow money from banks, while some people buy houses and cars through bank loans and live a prosperous and well-off life?
Why do some companies often encounter ruptures in their capital chain and are on the verge of bankruptcy when starting a business, while others can continue to raise funds and eventually become a listed company?
Why does almost everyone want to be rich, but only less than 1% of people realize their dream of wealth?
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Why is it that everyone is doing the same thing but achieving different results?
Details determine success or failure, and thinking determines destiny. Academic qualifications can only be a stepping stone to enter the workplace, but they do not determine whether we can live a prosperous life. Every year in China, millions of college students graduate and find jobs. There are also people with higher academic qualifications and better majors than me who are unemployed. There are also hundreds of millions of non-college graduates competing with us for jobs. When many newbies in the workplace encounter difficulties in their career, they will choose to take another major, or take a master's degree or a Ph.D., thinking that this will improve their core competitiveness, but they have not thought of ways to improve their earning power. What kind of talents does the company need? They must be talents who can bring profits to the company. The level of academic qualifications is secondary. If you only think about how to improve your academic qualifications instead of finding ways to increase profits for the company, you will eventually be eliminated by the company. Just like a fund manager, no matter how highly educated you are or which prestigious university in the United States you graduated from, if you cannot make the funds you manage generate returns, you will be replaced by the company and the citizens.
This does not mean that if we engage in investment and financial management, we will definitely be able to achieve wealth appreciation. The selection of funds or stocks requires timing and methods. For funds, we first understand our own investment personality, whether it is aggressive, prudent or conservative, and then choose the fund type that suits us based on our investment preferences. Generally speaking, stock funds have the highest risk, currency funds have the lowest risk, and bond funds have intermediate risks. Risk refers to the amplitude of fluctuations. The higher the amplitude of the fluctuation, the greater the loss. The higher the amplitude of the fluctuation, the greater the profit. If you still think you have a conservative investment personality and choose currency funds during a bull market, you will lose an excellent opportunity to make money.
We often hear the saying 'Poor people like to save money, rich people like to borrow money'. If you really believe this statement, you will lose miserably. In real life, we will encounter many courses on increasing credit card limits, as well as successful lessons on how to become rich quickly. Some of their courses can indeed help you achieve this, but first of all, you have to understand that since they understand these wealth codes, why do they still covet your mere tens of thousands of dollars in training fees? Maybe those teachers are capable of controlling this sudden disaster, but for you who have no investment experience at all, this may be a disaster. If a bank suddenly lends you 1 million, you can spend a long time based on your usual expenses. But with this 1 million, you will definitely not choose to deposit it in the bank, because you know that you will have to pay back the money sooner or later. Yes, but how confident are you when investing? I feel that the stock market returns are very high, and if it can be doubled, it will be a good investment. But if you don’t know how to control the stock market, the 1 million may go in, but it may not come out. What will you get back then? The rich can't afford it without profit. Whether it's making money or taking out a loan, they will only do it if there is a profit to be made. Loan is a kind of liability and also a kind of financial leverage. Only when used in the right way can it truly bring you a lot of wealth.
I met many entrepreneurs in Beijing, but only a handful of them actually stayed. Some of them have good projects, some have good backgrounds, and some have good business acumen.
For example, an acrobatic troupe has a performance venue right next to the Bird's Nest. It was very profitable at first. There were many large tour groups. They went to the Bird's Nest for sightseeing during the day and went to see acrobatic performances at night. The audience came in an endless stream (one of the "Breakup Master" directed by Deng Chao The scene was shot there). But not long after, it was demolished due to scenic area planning.
Many of these business cooperation projects have also been terminated. There is a great company that is also working with them at this time. Why do you say it is awesome? Because compared to other commercial projects, it is the most attractive to me. A team of only a few people rented the acrobatic troupe's office without spending a penny, and quickly earned a large amount of advertising fees based on a business model. There is also a sponsorship from Chen Guangbiao to promote his "good person drink".
Many people want to be rich, but are not willing to put in enough sweat. They believe that starting a business is the fastest way to get rich, and they think that with a good idea, they can get tens of millions of investments from angels. Or register a company, grow it slowly, and wait for the right time to sell it. For mature investors, they have seen all the ups and downs of the business world. It can be said that they have stepped on the "corpses" of many entrepreneurs and competitors to get to where they are today. They are more afraid of risks than any entrepreneur. Whenever an opportunity comes, They will look at the essence of things first, and then think about the expected benefits. At this time, they already have a clear idea in their minds about what you will do in the future. Unless your value judgment is consistent with theirs or better than theirs, they will will invest in you. If you just talk to them about future returns, they will dismiss you as a newbie or a liar.
The difference between the rich and the poor lies in the difference in thinking. If you cannot see the essence of wealth clearly, then you will be influenced by life or others, and you will not be able to change your wealth and destiny.