Post
Topic
Board Economics
Re: You Can’t Earn Beyond Your Level of Understanding
by
shield132
on 04/09/2024, 09:17:03 UTC
It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset.
That's not correct to say. Getting rich comes down to luck and the proof of that is, if you bought Bitcoins years ago and held them till this day, you'll be a millionaire. Doesn't this require luck? Yes, because no one knew that Bitcoin would reach 70K from a few cents and dollars.
You also need connections because that's how you do business and step up in society. I started UI/UX design, couldn't get employed for months unless one day I meat a very famous company owner through my friend. I met him, talked to him about my UI/UX skills, showed him my works, he got interested in and I landed a job. After that, I got many clients, thanks to that one day that changed my life.
Bitcoin also changed my life and it was because of luck, I got lucky to get introduced to Bitcoin.

Working hard is also a must-have. You have to work hard on smart things, not physically hard in construction.

Jumping into a business without knowing the risks and challenges often leads to failure.
I've seen stupid but rich people who got rich because they didn't analyze the risks and challenges of the business. This is also part of luck.