Life has pretty similar path for most of us: we are born, our parents take care of us, we get educated, we figure out a way to sustain ourselves, we form a family, we have our own kids, we grow old and then we die. Such a great note to start this article on isn’t it?In it we’re going to focus on the education part, since it takes a bulk of your life – most people spend 12 years or more in the educational system – assuming an 80 year average lifespan, that’s over 15% of your life.

Background

The goal of the entire thing should be to make you self-sufficient and a positive part of our socio-economic system.Unfortunately, at least in the last couple of decades, it doesn’t do that good of a job. It’s pretty decent, but from an efficiency and effectiveness perspective, it could definitely do better.We took a look at the subjects taught in school and made a list of things we wished we would’ve learned while we were getting “educated” and prepared for life.

The Goal of Schooling

Wouldn’t you love to learn in school how money works? Why some people earn more than others, how to increase your salary, how to save money or how to invest it?Even today, in most households money is still a taboo subject, despite it being the fuel of our society.Your parents are barely figuring it out for themselves and most of your teachers lack a fundamental understanding of money.

1: How money works

There are so many aspects of finance which would’ve been really useful to learn in school in order for everyone to be more efficient in their lives, like how to balance a checkbook, how to save for retirement, why some people are better off pursuing businesses while others will be happier working in a company.Even if you had an introductory course to economics, we’re not sure how much of the knowledge that was provided to you is directly applicable to your everyday life. It’s such a shame.

Mental illness is a BIG issue today. 1 in 5 people is struggling with a form of mental issue. From ADHD to anxiety, to depression, you never learn about these in school. Mental health is a 100 Billion dollar industry in the US alone, because we are never taught how to take care of ourselves.Despite standards of living going up, we see more and more successful people burning out or suffering from depression to a point where they just want to quit society. The number of college students who reported feeling depressed to the point where it negatively impacted their ability to function is 1 in 3.

2: Mental and Physical Health

Those numbers are insane and us not addressing these type of mental health issues is leading to a very unstable society. The rise of pharmaceutical companies capitalizing on this trend should also be a big pointer at how big the issue is.And that’s just the mental part of things, you never learn how to take care of your yourself and your body. Understanding how your body functions, what it needs to run more efficiently and First Aid classes is something we believe should be mandatory everywhere.

You’re going to spend the majority of your life in a romantic relationship with someone.. How about we learn how to pick the right one?This new generation is growing up with tinder, nudes and netflix & chill as viable “dating” options. Thus they will never be able to develop emotional intelligence and the ability to prospect a viable partner until way later in life. That’s why we see so many men suffering from Peter Pan syndrome.Social media is putting an emphasis on the external image we portray, but it’s their mindset, character and passion that will raise your children, not their looks.

3: Dating and Romantic Relationships

The problem begins when you are finally ready to move onto the next level and have no idea what you’re supposed to do. Relationships are not easy, they demand effort and a completely different set of skills in order for them to grow & evolve properly.Dating and relationships is a crucial part of living that it’s gonna be tricky to teach on a large scale. This type of teaching curriculum should be updated alongside technology, the last thing we would want is to have an old Mr. Garrison trying to explain how dating should be done.

Benjamin Franklin used to say: in this world nothing can be said to be certain, except death and taxes.We might actually cure death before we find a way to work without taxation. Taxes & Bills are a necessary part of life and you’ll have to deal with it a lot more frequently than you will have to use geometry actually, so it would make sense that by the time you finish your education to have the slightest idea of what you’re doing.

 4: Taxes and Bills

This is another thing we left to chance, just put a bunch of kids in the same room and they’ll figure it out. It sorta worked out ok, but what do you do once you get older? Have you noticed how hard it is to make new friends after you’ve finished school?This is a serious issue, because one of the main requirements for being a successful individual is your ability to connect and network with other people.

5: How to make friends and be more sociable

You probably have no idea about the differences between good debt and bad debt. Most people finish school with zero introductions to how debt, interest and mortgages work.Why is it so important to learn about these things? Because at some point in your life you will want to buy a house for yourself, maybe a car or even save some money for rainy days or retirement. How do you even buy a home? What’s that process like? Most people have to ask around or figure out the process as they go along.

6: Debt, Interest and Mortgages

The problem with the current educational system is that you are put into colossal debt without first being educated on how to manage it.Starting off your professional life with close to £27k in debt and zero knowledge on how to strategise the repayment is setting up the youth for failure with a financial handicap.Even after you repay it, you are crushed by the skyrocketing prices in cost of living and real-estate.Unless you have more than a decent understanding of how banks work, how to use debt to your advantage and manage your mortgages, you are destined to live a stressed out life.

Learning how to learn, how much of a phenomenon of a skill that is.If you only got this right out of school and didn’t feel the need to beat the system in order to get higher grades, your life would be so much easier, because this is the skill to rule them all.The upside is enormous, once you are taught how to approach acquiring new skills and teachings for yourself the world is your oyster. You can learn, do, become whatever you want, because you know have a method.

7: How to learn for yourself

The last thing you would want is the school to tell you what your values are and what you should be passionate about, but it would be really damn useful if they created a framework so that you could find that out for yourself.Imagine instead of learning the names or every mountain and river in your country you would dedicate a year to introspection, where teachers would nurture every student to really think about what makes him happy, then visualize pathways towards creating a life built on that passion.

8: How to find your passion & your values

We’re having such a large identity crisis because we never get to ask ourselves very basic questions like: <ul><li>What do I want to feel like in my life?</li><li>What are some things I dislike in others? Do I share the same traits?</li><li>What are some things I like about myself? Should I nurture these traits?</li><li>Are these useful skills in life? What are my values? How do I want people to treat me?</li><li>Should I compromise?</li></ul>Unfortunately the way school is structured right now, everybody is being put in the same box and most of what makes each individual special is wasted in order to achieve a more homogenous result.

So you’re done with school right? Now what?Most of you probably ask your parents for recommendations or someone who’s a bit older for a game plan. Otherwise, you have no idea what you’re doing resulting in time wasted, resources consumed and the feeling that you will need to compromise at every step of the way just to get some experience to begin with.Not only the process of finding a job should be taught in school, but you should have a basic understanding of how to rank different jobs, to find one where you could prosper and be efficient.

9: How to find the right job and prepare for an interview

Preparing for an interview is another one of those things that would be easy to teach, but is completely neglected. Thus resulting in people having no idea how to structure a real CV, what they’re supposed to research before the meeting, how to present themselves for the interview and how to negotiate their salaries and professional trajectory.

Believe it or not, Public Speaking is the only thing people fear more than DEATH on average. What would it be like if in the 12 years you spent getting educated you would conquer this fear to the point where you are comfortable presenting yourself and entertaining a discussion on any topic.Life is a big connect-the-dots game, where each dot is an uncomfortable conversation you will need to have and overcome. You will need to make quality friends, to gain the trust of partners or employers and you should be able to articulate why that would make sense for both parties.

10: How to speak in public & sell an idea

Getting a job, that’s you selling the company on the idea that you are the right fit for their organization.Getting married, that’s you selling your partner on the idea that you are the right fit for this journey.For some reason SELLING has such a bad rep. when in reality is just properly articulating a possible series of events for the foreseeable future that people are willing to back with their own time, effort and sometimes money.You will have to speak or at least type to others why they should care about you in general and we have a different approach to this than most people.

By the end of your education, it would be really valuable if you were self-sufficient from all stand-points of your existence. That’s the least you would expect right?You will spend a large portion of your life (around 1 and a half hours per day actually) eating, yet nutrition is not something you learn about. The introduction of basic cooking would allow students to work with food and get more personal with what they put in their bodies. Cooking is a basic human skill and as things are moving forward we’re not seeing many making use of it.

11: A basic understanding of cooking, how to take care of yourself and home maintenance

We live in a digital world. More than half of your awake time is connected to a digital version of reality, you are in the digital space right now, consuming this article through your screen.Your digital profiles are online 24 hours everyday accessible to almost anyone looking to find them.How is your data used? What information do you allow to exist in your digital corner? How does it impact your online and offline reality?Almost every person you interact with, at some point, will scan your digital profiles in order to get a better idea of who you are.

12: Digital and Personal Etiquette

Having pictures with yourself taking shots to the face as your profile pic, using foul language in your posts, showcasing disrespectful behaviour in your interactions with others will have repercussions. This is the reality we live in today.Your online presence is the cover of the book that is you, and people are judging you based on it!Most people don’t have a basic understanding of how they should behave anywhere, they’re just winging it. Good manners are something we associate with the 19th century English elitism and have long been forgotten.

You know how we mentioned values at number 8? The manifestation of the core values on which a society prospers is found in the Human Rights. This is something fairly new, we humans came up with and it’s the best thing we were able to create so far.Human rights are the backbone of any well functioning, free society. Upon these, we have build complex governing structures which are put in place in order to oversee that we are moving in the right direction. Or at least that’s what’s supposed to happen in theory.

13: Human rights, how the government works and why it is important to vote

Do a small experiment and ask any random person on the street how the government works, then ask them to expand on it. Most people will find it really difficult to articulate what’s happening.For too long we have allowed governments to behave they way they do, because we entrusted them with so much power that they eventually shielded themselves under a mist of bureaucracy and slogans. The lack of transparency most governments embrace leads to corruption and inefficiencies throughout the system.Yet, governments aren’t that complicated if you take the time to look at how they function.

We’ve never seen people waste time the way we’ve seen in universities and schools.Give a student 3 weeks to finish a project and in the last 4 hours before the deadline the group-chat is blowing up with everybody trying to pitch in the least amount of work that would get them a passing grade.This type of behavior is addicting, because those 4 hours get the job done. The result, that person will take this behavior with himself throughout life, to result in major inefficiencies through all aspects of his life.We are professional procrastinators and most of it is due to a poor educational system.

14: Time management & discipline

I am now going to university. A fresh new start, yet I feel more lost in life than ever. This article explains how a few tweaks in the education system can make us better prepared individuals in the long run.

Here's a list of things we wishes we were taught in school as we were getting educated. From Money, to Happiness, to Mental Health, school is failing.

career

Career

moneyandinvestments

Money & Investments

education

Learning & Education

15 Subjects You Should Have Been Taught In School

It adds the extra element of challenge to your hobby. Learning to make money from your hobby is a very important way to solidify your knowledge of said hobby. <ul><li class="ql-align-justify">You are also adding value to people's life, otherwise you wouldn't be able to monetize the video</li></ul>

Why should you monetize your hobby

<ul><li>the First step is to think about who is the people to that you want to add value to.</li><li>Figure out what sort of problem these people have, you need to be able to solve a problem You need to be able to think outside the box that is very important</li></ul>

How to monetise your passion part 1

Combine different passions to create a killer combination: This is pretty important, you want to be able to combine the different things that people want so that you can actually stand out, for an instant if you teach guitar you also could  teach singing and scalesFigure out the different vehicles for your value delivery: Creating Goods: What can I make that people need or want? and then Selling Services: What can I do that people want/need or don't want to do

How to monetise your passion part 2

Sometimes making money from your hobbies can completely ruin or cancel the joy you get from the hobby.Don't feel the need to make your hobby into a full-time job.

The dangers of trying to make money from you hobbies

Everyone has hobbies, why not try and learn to make money from them?

Get a 14-day free trial of Shopify with this link - https://shopify.com/aliabdaal 😀 Making money from your passions can be a really good thing to do and it's completely changed my life but sometimes it's hard to know where to start and what to do. So in this video, the latest in our Money Club series, we'll go through why you consider why you should consider it, how to do it and how to avoid those risks. Enjoy x If you want to learn more about monetising your passions and potentially turning it into your career, check out my free crash course on becoming a Creatorpreneur here - https://go.aliabdaal.com/creator-crash-course Watch this video ad-free on Nebula - https://nebula.tv/videos/aliabdaal-how-to-make-money-from-your-passions-without-burning-out ⏱ Timestamps 00:00 Intro 00:31 Why you should consider monetising your hobbies 03:04 How to actually monetise your passion 11:44 The dangers of trying to make money from your hobbies MY FREE ONLINE COURSES: 🚀 Productivity Masterclass - Principles and Tools to Boost Your Productivity - https://go.aliabdaal.com/course/productivity 🎬 Video Editing with Final Cut Pro X - From Beginner to YouTuber - https://go.aliabdaal.com/course/video-editing 🎓 How to Study for Exams - An Evidence-Based Masterclass - https://go.aliabdaal.com/course/studying PART-TIME YOUTUBER ACADEMY: 🍿 My 6-week live online course - https://academy.aliabdaal.com CREATORPRENEUR 💰 My flag-ship course for scaling up your creative side-hustle - https://creatorpreneur.academy/course YOUTUBE FOR BEGINNERS COURSE 📸 This is for anyone who'd like to start a YouTube channel. You'll learn everything you need to get started as a YouTuber including how to script, shoot, and edit your first video - https://go.aliabdaal.com/course/YouTube-for-Beginners MY FAVOURITE GEAR: 🎥 My YouTube Camera Gear - https://kit.co/AliAbdaal ⌨️ My Keyboard - Wireless Coral mechanical keyboard (Cherry Blue) - https://go.aliabdaal.com/keyboard 📝 My favourite iPad Screen Protector - Paperlike - https://go.aliabdaal.com/paperlike 🎒 My Desk Accessories + Todo List - Ugmonk - https://go.aliabdaal.com/ugmonk MY FAVOURITE SOFTWARE: ✍️ The best summaries of books (Shortform) - https://go.aliabdaal.com/shortform 📚 How I remember what I read (Readwise) - https://go.aliabdaal.com/readwise 🎵 Where I get my Music (amazing for YouTubers) - https://go.aliabdaal.com/epidemicsound 🎙 Deep Dive podcast - https://www.youtube.com/c/DeepDivewithAliAbdaal/ The podcast that delves into the minds of entrepreneurs, creators and other inspiring people to uncover the philosophies, strategies and tools that help us live happier, healthier and more productive lives. You can find it by searching “Deep Dive” on any podcast app (eg: Spotify, Apple Podcasts, Google Podcasts etc). BE MY FRIEND: 💌 Sign up to my weekly email newsletter - https://aliabdaal.com/friendzone/ 🌍 My website / blog - https://www.aliabdaal.com 📸 Instagram - https://instagram.com/aliabdaal 🐦 Twitter - https://twitter.com/aliabdaal 💙 The Friendzone Discord - https://discord.gg/Dh2kGavffd 🎮 Twitch - https://twitch.tv/aliabdaal WHO AM I: I’m Ali, a YouTuber, podcaster, soon-to-be author and ex-Doctor working in London, UK. I make videos that explore the strategies and tools that help us live happier, healthier and more productive lives. I also have a weekly podcast called Deep Dive (https://www.youtube.com/channel/UChfo46ZNOV-vtehDc25A1Ug), and I write a weekly email newsletter that contains some quick thoughts + links to interesting things (https://email.aliabdaal.com). GET IN TOUCH: If you’d like to talk, I’d love to hear from you. Tweeting @AliAbdaal directly will be the quickest way to get a response, but if your question is very long, feel free to email me at hi@aliabdaal.com. I try my best to reply to things but there sadly aren't enough hours in the day to respond to everyone 😭 PS: Some of the links in this description are affiliate links that I get a kickback from 😜

personaldevelopment

Personal Development

entrepreneurship

Entrepreneurship

business

Business

Get a 14-day free trial of Shopify with this link - https://shopify.com/aliabdaal 😀

Making money from your passions can be a really good thing to do and it's completely changed my life but sometimes it's hard to know where to start and what to do. So in this video, the latest in our Money Club series, we'll go through why you consider why you should consider it, how to do it and how to avoid those risks. Enjoy x

If you want to learn more about monetising your passions and potentially turning it into your career, check out my free crash course on becoming a Creatorpreneur here - https://go.aliabdaal.com/creator-crash-course

Watch this video ad-free on Nebula - https://nebula.tv/videos/aliabdaal-how-to-make-money-from-your-passions-without-burning-out

MY FREE ONLINE COURSES:
🚀  Productivity Masterclass - Principles and Tools to Boost Your Productivity - https://go.aliabdaal.com/course/productivity
🎬  Video Editing with Final Cut Pro X - From Beginner to YouTuber - https://go.aliabdaal.com/course/video-editing
🎓  How to Study for Exams - An Evidence-Based Masterclass - https://go.aliabdaal.com/course/studying

PART-TIME YOUTUBER ACADEMY:
🍿 My 6-week live online course - https://academy.aliabdaal.com

CREATORPRENEUR
💰 My flag-ship course for scaling up your creative side-hustle - https://creatorpreneur.academy/course

YOUTUBE FOR BEGINNERS COURSE
📸 This is for anyone who'd like to start a YouTube channel. You'll learn everything you need to get started as a YouTuber including how to script, shoot, and edit your first video - https://go.aliabdaal.com/course/YouTube-for-Beginners

MY FAVOURITE GEAR:
🎥  My YouTube Camera Gear - https://kit.co/AliAbdaal
⌨️  My Keyboard - Wireless Coral mechanical keyboard (Cherry Blue) - https://go.aliabdaal.com/keyboard 
📝  My favourite iPad Screen Protector - Paperlike - https://go.aliabdaal.com/paperlike 
🎒 My Desk Accessories + Todo List - Ugmonk - https://go.aliabdaal.com/ugmonk

MY FAVOURITE SOFTWARE:
✍️ The best summaries of books (Shortform) - https://go.aliabdaal.com/shortform
📚  How I remember what I read (Readwise) - https://go.aliabdaal.com/readwise 
🎵  Where I get my Music (amazing for YouTubers) - https://go.aliabdaal.com/epidemicsound

🎙 Deep Dive podcast - https://www.youtube.com/c/DeepDivewithAliAbdaal/
The podcast that delves into the minds of entrepreneurs, creators and other inspiring people to uncover the philosophies, strategies and tools that help us live happier, healthier and more productive lives. You can find it by searching “Deep Dive” on any podcast app (eg: Spotify, Apple Podcasts, Google Podcasts etc). 

BE MY FRIEND:
💌  Sign up to my weekly email newsletter - https://aliabdaal.com/friendzone/
🌍  My website / blog - https://www.aliabdaal.com 
📸  Instagram - https://instagram.com/aliabdaal
🐦  Twitter - https://twitter.com/aliabdaal
💙  The Friendzone Discord - https://discord.gg/Dh2kGavffd
🎮  Twitch - https://twitch.tv/aliabdaal

WHO AM I:
I’m Ali, a YouTuber, podcaster, soon-to-be author and ex-Doctor working in London, UK. I make videos that explore the strategies and tools that help us live happier, healthier and more productive lives. I also have a weekly podcast called Deep Dive (https://www.youtube.com/channel/UChfo46ZNOV-vtehDc25A1Ug), and I write a weekly email newsletter that contains some quick thoughts + links to interesting things (https://email.aliabdaal.com).


GET IN TOUCH:
If you’d like to talk, I’d love to hear from you. Tweeting @AliAbdaal directly will be the quickest way to get a response, but if your question is very long, feel free to email me at hi@aliabdaal.com. I try my best to reply to things but there sadly aren't enough hours in the day to respond to everyone 😭

PS: Some of the links in this description are affiliate links that I get a kickback from 😜

📚 Check out my first book Feel-Good Productivity here: https://www.feelgoodproductivity.com/

Hey, I'm Ali, a doctor turned entrepreneur, and the world’s most followed productivity expert 😜 

On this channel, we explore evidence-based strategies and tools that can help us be more productive, and build a life that we love. 

If that sounds interesting, consider subscribing! See you in the next video x

Ali Abdaal

How to Earn Money Doing What You Love

How To Make Money From Your Passions (Without Burning Out)

An economic moat refers to a sustainable and enduring competitive advantage that companies can use to maintain profitability over the long term.An example of an economic moat would be a brand name, intellectual property like a patent, or control over distribution channels.The term was coined by Warren Buffet.Just like a medieval castle, the moat serves to protect those inside the fortress and their riches from outsiders.

Economic Moat

1) Cost advantage - In this case, it is a cheaper cost per unit to produce or buy than its competitors.2) Barrier to entry - It can be as simple as large fixed costs, limited availability of resources, or high capital costs.3) Network effects - This is where other participants within the market that are reliant on each other for success and benefit from that success indirectly by getting what they need from one another's

3 Key Elements of the Economic Moat

A company with an economic moat is less likely to be disrupted by a competitor.This is because while there are multiple companies competing, the company with an economic moat can take advantage of its lead in the market and maintain it.Economic Moats create barriers for competitors and make it harder for them to enter the market.This gives a company more time to plan ahead and develop new products before competitors even enter the market.

Competitive Advantage 

It is difficult to target the richest market for your product or service because of the sheer number of competitors.The key to finding a low-competitor market is understanding what the customers are actually looking for and understanding their decision-making process.In order to find a low-competitor market, the company needs to do some research and understand the decision-making process of its customers.This includes observing how they compare products in their minds and what factors are most important in their decision-making process.

Finding a Market 

The economic moat is created by blocking out competitors from entering the market and cutting off their supply chain.Companies like IBM and Coca-Cola successfully maintained their economic moats by utilizing a variety of strategies such as Coca-Cola patenting its secret recipe.Businesses that establish an economic moat for themselves have a competitive advantage over their peers.They are able to charge a price premium for their products or services and maintain profitability without much competition.

Creating Economic Moat

<ol><li>Create and deliver high-quality products or services that customers are willing to pay.</li><li>Enhancing customer experience</li><li>Build a proprietary technology</li><li>Invest in intellectual property</li><li>Find profitable niches</li></ol>

5 Ways A Company Can Build An Economic Moat

Any company with a competitive advantage can be considered to have an economic moat. 

Do you know how some companies seem to be unstoppable? That might be because they have a competitive moat. In this video, we will show you what a competitive moat is, how a company acquires it, and how the company can leverage their competitive moat to create a competitive advantage. A competitive moat is a company’s ability to create a long-term sustainable advantage. The essence of the term, as defined by Warren Buffet, is that “a company with a sustainable competitive advantage versus its industry/competitors will continue to show profits in the long term, without the need for corporate investments, such as acquisitions and advertising.”As a company continues to generate profits over time, the ability to produce earnings will also be sustained. A competitive moat defines a company's competitive advantage. When you have one, you have a true competitive advantage that is hard for others to imitate or overcome. ___________________________________________________________________________________________ Check out all the digital products from Weekly Concepts Academic CV template in Notion: https://theweeklyconcepts.gumroad.com... The Uncomplicated Marketing ebook: https://theweeklyconcepts.gumroad.com... The Uncomplicated Marketing for Kindergarten (preschool): 8 proven strategies to boost admissions and brand awareness: https://theweeklyconcepts.gumroad.com/l/boost-admissions We would really appreciate it if you could rate the products on gumroad.

startup

Startups

Do you know how some companies seem to be unstoppable? That might be because they have a competitive moat.

In this video, we will show you what a competitive moat is, how a company acquires it, and how the company can leverage their competitive moat to create a competitive advantage. A competitive moat is a company’s ability to create a long-term sustainable advantage. The essence of the term, as defined by Warren Buffet, is that “a company with a sustainable competitive advantage versus its industry/competitors will continue to show profits in the long term, without the need for corporate investments, such as acquisitions and advertising.”As a company continues to generate profits over time, the ability to produce earnings will also be sustained. 
A competitive moat defines a company's competitive advantage. When you have one, you have a true competitive advantage that is hard for others to imitate or overcome.

___________________________________________________________________________________________

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Academic CV template in Notion: https://theweeklyconcepts.gumroad.com...

The Uncomplicated Marketing ebook: https://theweeklyconcepts.gumroad.com...

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What is Competitive Moat in business and how to build one

Humans are interesting, despite having many options we get stuck in paradox,getting out of it is what matters.Doing whatever we do ,doing with good intent is most important

The Real Price  Paid.

From childhood we have been taught that everything has an answer.But it's not true to everything ,something just don't need explanations.There are no wrong decisions,only wrong ways of approach & look at them.

No Perfect Answer 

YES! . It may sound like a big task/deal but creating legacy means adding value .Solve problems,do charity to help the poor,write a book/content that helps people to grow.

You Can Live Forever Through Legacy 

In order to grow we need good temperament , sticking to idea that good years have passed is not a good deal.Like beliefs, best years do change we need to be willing to see them .

Your Best Year Changes.

Be it's sports or collecting things that you like ,it does not have any age limit .Do not stop yourself from doing anything that gives you immense happiness.

You Can Enjoy Life Irrespective Of Age.

Now join my latest telegram group where I share more content that worth attention .No spam, no endorsement, only <a href="https://t.me/+_ceB5ziqccYwOTBl">value</a> 📈

Thanks For Reading 🙏

Working is an important aspect of life. Career growth decides the quality and quantity of life (helps to live fullest ).But that does not mean you sacrifice your precious moments with family & close friends , try to be an all rounder .

You Are Not Work 

Life without struggle isnt easy, it's just complex & non adventurous.Always strive to rise, and don't forget to enjoy the outcome

Struggle Is a Part Of Life 

You get what you deserve Be it a mental or physical injury , getting back up and fighting is the most important thing .Have a positive approach and keep going for what you want.

Life Doesn't Give all You Want 

Always Chase your dreams ,never outsource your happiness .Never let anyone else decide about your decisions (which were supposed to be from you )Be self centred

You Should Live For Yourself.

Living in the moment is worth it .Don't over estimate or think about past or future . Look for present and keep growing .Be optimistic

Live In The Moment .

Be it a soft toy or the people you love never take them for granted .Be pleasant with everyone,be kind and humble cause it does not cost any money 💰.

Taking Things For Granted .

Always enjoy every moment .Be it sadness or hapiness nothing's permanent so be ready and assure yourself for hard times.Be positive .

Nothing Is Permanent 

Look challenges as lessons .Failures as teachings .Hapiness is proven to improve quality of life of not only one but people around too. Stay happy

Ultimate Goal Is Happiness .

Sadness is not bad , excessive sadness is .Important thing is rising from it .Sadness helps to explore deep emotions and helps to process life changing events .

It's Okay To Feel Down 

It's not the end of life .Regaing courage and greeting over it is vital ,it makes you a ultrahuman .If you're concerned what's best time it's now .

It's Never Too Late To Start Over .

15 Things Most People Take A Lifetime To LEARN 10 Ways Poor People Fake Being Rich: https://youtu.be/AOR6oC9fnGQ Have you downloaded the Alux App yet? https://alux.com/app The ALUX App is Officially Here! | Alux Keynote 2022: https://youtu.be/bd4uVm2AYuY Have a look at our premium courses: https://courses.alux.com GOAL Mastery: https://www.alux.com/goals Mind Mastery: https://www.alux.com/mindmastery In this Alux.com video we will be answering the following questions: What are 15 Things Most People Take A Lifetime To LEARN? What are the most important Things Most People Take A Lifetime To LEARN? What are the main 15 Things Most People Take A Lifetime To LEARN? What are 15 Things Most People Take A Lifetime To Learn? What are 15 Things That Take Most People A Lifetime to Learn in 2022? What are 15 lessons you learn too late in life? What are 15 Things Most People Learn Too Late In Life? What do most people need to learn in life? What do you learn too late in life? What is the most useful thing to learn in life? What is the most valuable lesson in life 2022? 00:00 - Intro 00:42 - The Real Price They Paid 01:58 - There Is No Perfect Answer 03:05 - Your Best Years Change 03:55 - You Can Live Forever Through Legacy 04:49 - You Are Not Your Work 05:37 - Struggle Is A Part of Life 06:31 - Life Doesn't Give You All You Want 07:22 - You Should Live For Yourself 08:19 - Live In The Moment 09:01 - Taking Things For Granted 09:39 - Nothing Is Permanent 10:20 - The Ultimate Goal is Happiness 11:38 - It's Okay To Feel Down 12:12 - It's Never Too Late To Start Again 12:52 - Won't Solve All Your Problems 13:43 - Question - Get Rich Playlist: https://www.youtube.com/playlist?list=PLP35LyTOQVIsxb5Mf-Pr1xHJMZPtdIX8q Take Action Playlist: https://www.youtube.com/playlist?list=PLP35LyTOQVIuhLj_V6ThqHhVN52kozybm All Sunday Motivational Videos: https://www.youtube.com/playlist?list=PLP35LyTOQVItYEFKYW1WdjcHFuXt0s5h- Book Club: https://www.youtube.com/playlist?list=PLP35LyTOQVIvGYVKBE8qEwmP-S_Z7i0lL - Social Media: https://www.instagram.com/alux/ https://www.facebook.com/alux https://www.twitter.com/aluxcom --- Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content! Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today! SUBSCRIBE so you never miss another video: https://goo.gl/KPRQT8 -- To see how rich is your favorite celebrity go to: https://www.alux.com/networth/ -- For businesses inquiries we're available at: https://www.alux.com/contact/

motivationandinspiration

Motivation & Inspiration

problemsolving

Problem Solving

15 Things Most People Take A Lifetime To LEARN

10 Ways Poor People Fake Being Rich: https://youtu.be/AOR6oC9fnGQ

Have you downloaded the Alux App yet? 
https://alux.com/app

The ALUX App is Officially Here! | Alux Keynote 2022: https://youtu.be/bd4uVm2AYuY

Have a look at our premium courses: https://courses.alux.com
GOAL Mastery: https://www.alux.com/goals
Mind Mastery: https://www.alux.com/mindmastery


In this Alux.com video we will be answering the following questions:
What are 15 Things Most People Take A Lifetime To LEARN?
What are the most important Things Most People Take A Lifetime To LEARN?
What are the main 15 Things Most People Take A Lifetime To LEARN?
What are 15 Things Most People Take A Lifetime To Learn?
What are 15 Things That Take Most People A Lifetime to Learn in 2022?
What are 15 lessons you learn too late in life?
What are 15 Things Most People Learn Too Late In Life?
What do most people need to learn in life?
What do you learn too late in life?
What is the most useful thing to learn in life?
What is the most valuable lesson in life 2022?


00:00 - Intro
00:42 - The Real Price They Paid
01:58 - There Is No Perfect Answer 
03:05 - Your Best Years Change
03:55 - You Can Live Forever Through Legacy
04:49 - You Are Not Your Work 
05:37 - Struggle Is A Part of Life
06:31 - Life Doesn't Give You All You Want
07:22 - You Should Live For Yourself
08:19 - Live In The Moment 
09:01 - Taking Things For Granted
09:39 - Nothing Is Permanent 
10:20 - The Ultimate Goal is Happiness
11:38 - It's Okay To Feel Down
12:12 - It's Never Too Late To Start Again
12:52 - Won't Solve All Your Problems
13:43 - Question

-
Get Rich Playlist: https://www.youtube.com/playlist?list=PLP35LyTOQVIsxb5Mf-Pr1xHJMZPtdIX8q

Take Action Playlist: https://www.youtube.com/playlist?list=PLP35LyTOQVIuhLj_V6ThqHhVN52kozybm

All Sunday Motivational Videos: https://www.youtube.com/playlist?list=PLP35LyTOQVItYEFKYW1WdjcHFuXt0s5h-

Book Club: https://www.youtube.com/playlist?list=PLP35LyTOQVIvGYVKBE8qEwmP-S_Z7i0lL
-
Social Media:
https://www.instagram.com/alux/
https://www.facebook.com/alux
https://www.twitter.com/aluxcom
---
Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content!

Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today!

SUBSCRIBE so you never miss another video: https://goo.gl/KPRQT8
--
To see how rich is your favorite celebrity go to: https://www.alux.com/networth/
--
For businesses inquiries we're available at:
https://www.alux.com/contact/

www.Alux.com is the largest community of Luxury & Fine Living enthusiasts in the World. Alux a world-wide recognized Authority when it comes to ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more as the Go-To resource in terms of luxury content!

Alux.com is more than a "magazine", it is a social platform where people passionate about what it means to live an elegant, beautiful and successful life, come to enjoy, share and discuss their own take on luxury.

Alux.com

15 Things Most People Take A Lifetime To LEARN

This is a story of one person's unlikely success within the context of scores of embarassing failures.Was my eventual success primarily a result of talent, luck, hard work or an accidental just-right balance of each? All I know for sure is that I pursued a strategy of managing my opportunities in a way that would make it easier for luck to find me.

The systems model can be applied to most human endeavors:<ul><li>In the world of dieting - losing twenty pounds is a goal, but eating right is a system.</li><li>In the exercise/fitness realm - running a marathon in under four hours is a goal, but exercising daily is a system.</li><li>In business - making a million pounds is a goal, but being a serial entrepreneur is a system.</li></ul>

Goals V Systems

A goal Is a specific objective that you either achieve or don't some time in the future.If you are waiting to achieve it someday in the future, it's a goal. A system is something you do regularly which increases your odds of happiness in the long run.If you do something regularly, it's a system.

Think of your priorities in terms of concentric circles, like an archery target:1st ring - you. Take care of your health.2nd ring - economics. Your job, investments, property. If you don't get your personal finance engine working right, then you place a burden on your family and the country.3rd ring - family, friends and lovers. To truly enjoy life, you need to be right with these relations.4th ring - your local community, your country and the world, in that order. Dont bother to fix the world before controlling the inner circles.

The Energy Metric 

The smartest system for discerning your best path to success involves trying lots of different things - sampling.It's generally true that if no one is excited about your art/product/idea in the beginning, they never will be.Don't be fooled by the opinions of friends and family. They are all liars.

Recognising Your Talents

Every business or social activity requires a basic understanding of how the human brain perceives the world. We are all in the business of selling some version of ourselves. Psychology is embedded in everything we do.How much more effective would you be if you had a greater understanding of psychology? Answer: a lot.It's a good idea to make psychology your lifelong study. On a scale of one to ten, the importance of understanding psychology is a solid ten.

Psychology

A list of important patterns for success:<ol><li>Lack of fear of embarrassment - this allows one to be proactive. Its what makes someone take on challenges instead of writing it off as too risky.</li><li>Education - having the right level of education limits the risk of unemployment.</li><li>Excercise - good health is a baseline requirement for success. Exercises makes a person smarter, psychologically braver, more creative, more energetic, and more influential.</li></ol>

Pattern Recognition 

People who enjoy humour are simply more attractive than people who don't.Humour raises energy, this boost in energy makes you more willing to excercise, which raises your overall energy even more.A map of traps to avoid: <ul><li>Overcomplaining is never funny</li><li>Don't overdo self deprecation</li><li>Don't mock people</li><li>Avoid puns and wordplay</li></ul>

Humour 

People become unhappy if they have too many options in life.You want to feel like you have researched and considered all your options. ﻿Find great comfort in routine.The happiness formula:<ol><li>Eat right</li><li>Excercise</li><li>Get enough sleep</li><li>Imagine an incredible future </li><li>Work towards a flexible schedule</li><li>Do things you can steadily improve at</li><li>Help others (if you've already helped yourself)</li><li>Reduce daily decisions to routine </li></ol>

Happiness And Routine

Focus on your diet first so you have the right energy to excercise.Excercise improves your energy which in turn makes you more productive, more creative, more positive, more socially desirable, and more able to handle life's little bumps.Happiness is the only useful goal.Acquire as many key skills as possible, including public speaking, business writing, a working understanding of psychology, an understanding of basic technology concepts, social skills, proper voice technique, good grammar, and basic accounting.Think in terms of systems, not goals.

Summary

A compilation of key areas to focus on in order to increase your chances of success in life ✨️

Blasting clichéd career advice, the contrarian pundit and creator of Dilbert recounts the humorous ups and downs of his career, revealing the outsized role of luck in our lives and how best to play the system. Scott Adams has likely failed at more things than anyone you’ve ever met or anyone you’ve even heard of. So how did he go from hapless office worker and serial failure to the creator of Dilbert, one of the world’s most famous syndicated comic strips, in just a few years? In How to Fail at Almost Everything and Still Win Big, Adams shares the game plan he’s followed since he was a teen: invite failure in, embrace it, then pick its pocket. No career guide can offer advice that works for everyone. As Adams explains, your best bet is to study the ways of others who made it big and try to glean some tricks and strategies that make sense for you. Adams pulls back the covers on his own unusual life and shares how he turned one failure after another—including his corporate career, his inventions, his investments, and his two restaurants—into something good and lasting. There’s a lot to learn from his personal story, and a lot of entertainment along the way. Adams discovered some unlikely truths that helped to propel him forward. For instance: • Goals are for losers. Systems are for winners. • “Passion” is bull. What you need is personal energy. • A combination of mediocre skills can make you surprisingly valuable. • You can manage your odds in a way that makes you look lucky to others. Adams hopes you can laugh at his failures while discovering some unique and helpful ideas on your own path to personal victory. As he writes: “This is a story of one person’s unlikely success within the context of scores of embarrassing failures. Was my eventual success primarily a result of talent, luck, hard work, or an accidental just-right balance of each? All I know for sure is that I pursued a conscious strategy of managing my opportunities in a way that would make it easier for luck to find me.”

mindfulness

Mindfulness

books

Books

leadershipandmanagement

Leadership & Management

Blasting clichéd career advice, the contrarian pundit and creator of Dilbert recounts the humorous ups and downs of his career, revealing the outsized role of luck in our lives and how best to play the system. Scott Adams has likely failed at more things than anyone you’ve ever met or anyone you’ve even heard of. So how did he go from hapless office worker and serial failure to the creator of Dilbert, one of the world’s most famous syndicated comic strips, in just a few years? In How to Fail at Almost Everything and Still Win Big, Adams shares the game plan he’s followed since he was a teen: invite failure in, embrace it, then pick its pocket. No career guide can offer advice that works for everyone. As Adams explains, your best bet is to study the ways of others who made it big and try to glean some tricks and strategies that make sense for you. Adams pulls back the covers on his own unusual life and shares how he turned one failure after another—including his corporate career, his inventions, his investments, and his two restaurants—into something good and lasting. There’s a lot to learn from his personal story, and a lot of entertainment along the way. Adams discovered some unlikely truths that helped to propel him forward. For instance: • Goals are for losers. Systems are for winners. • “Passion” is bull. What you need is personal energy. • A combination of mediocre skills can make you surprisingly valuable. • You can manage your odds in a way that makes you look lucky to others. Adams hopes you can laugh at his failures while discovering some unique and helpful ideas on your own path to personal victory. As he writes: “This is a story of one person’s unlikely success within the context of scores of embarrassing failures. Was my eventual success primarily a result of talent, luck, hard work, or an accidental just-right balance of each? All I know for sure is that I pursued a conscious strategy of managing my opportunities in a way that would make it easier for luck to find me.”

Adams was born in Windham, New York in 1957 and received his Bachelor's degree in Economics from Hartwick College in 1979.He also studied economics and management for his 1986 MBA from the Haas School of Business at the University of California, Berkeley.In recent years, Adams has been hurt with a series of debilitating health problems. Since late 2004, he has suffered from a reemergence of his focal dystonia which has affected his drawing. He can fool his brain by drawing using a graphics tablet. On December 12, 2005, Adams announced on his blog that he also suffers from spasmodic dysphonia.

Scott Adams

How to Fail at Almost Everything and Still Win Big

<ol><li>Quants</li><li>Scalpers</li><li>Day traders</li><li>Swing traders</li><li>Position traders</li><li>All of the above</li></ol>

Different Types Of Traders 

Starting with the fastest traders of all, quants are the high-frequency traders who trade using quantitative methods and complex computer algorithms

1. Quants

Scalpers also operate in the short term, but they may do so manually or by using a computer program. Scalpers look to profit from inefficiencies in markets and can hold trades for anything from a couple of seconds to a couple of hours.

2. Scalpers

Day traders enter and close their trades on a daily basis, rarely holding any positions overnight. Typically, they trade off charts using technical indicators such as pivot points or moving average lines to justify their trades. They may also take into account fundamental factors and news releases – perhaps buying or selling a stock the moment an economic figure is released. Some day traders may also use strategies to hedge their trades as they go.

3. Day traders

Swing traders typically hold positions for a couple of days, but not normally weeks. They are therefore less active than day traders but they do trade frequently enough to have to stay tuned to the markets at all times. They may use technical indicators such as trend lines or resistance channels to identify profit but are just as likely to look at fundamental news flow. They also look out for the possibility of reactions to upcoming news releases and events.

4. Swing traders

Position traders take many longer-term positions and hold positions for weeks, months or years. They are therefore just slightly down from buy and hold investors in terms of time frames. Position traders study big macroeconomic trends in order to find the long-term moves that can often define a market for years. They are also likely to enter big short-position trades and use hedging strategies to build a successful and stable portfolio.

5. Position traders

It is also possible to be one, none, or many of these different trading styles combined. Some traders concentrate on one market and one style only, perfecting their technique as much as they can, while others take a bit of each style depending upon the situation. For example, a trader might take long-term positions but keep a little bit of capital in reserve, in order to profit from short-term opportunities when they arrive.

6. All of the above

These ideas contain information on the different types of traders who trade securities

Getting Your Investing Sails right Before You Go to Sea: 11 Fundamental Concepts

There is no formula to determine how much wealth is wealth enough for you, or how much income is needed to build that wealth that will keep you satisfied. It all depends on you. What’s common to all of us is that In order to start building wealth, a proportion of our after-tax income should be saved regularly. Financial advisers would recommend a target of one-third but your income has a large role to play here. So let’s start with, how you generate income.

Moving From Income to Wealth  

Unless you encounter the good fortune of inheriting money, property, or other assets to fast-track your journey to wealth, savings and investments from your income are the two principal strategies that can make you wealthy. That income can be earned in two main ways:<ul><li>Active or earned income: such as wages, salaries, tips, commissions e.tc which usually involves a degree of exertion to generate.</li><li>Passive income: Money is received in exchange for little ongoing effort. You may have to do some work to set it up but after that, it needs less attention. </li></ul>

1. Generating Income  

2. 2. Storing And Saving  

The closer you are to retirement, the less risk you can afford. Before you make investment decisions assess the risk vs the return of such a decision. <ul><li>Shares (Higher risk, potential for higher income)</li><li>Property (Medium risk, potential for steady income)</li><li>Interest-paying (Lower risk, potential for some income)</li></ul>You can also consider supporting a startup this can result in big gains, but many fail so it can be risky.One common strategy is to create an investment portfolio spread across a variety of assets with different risk levels, such as shares, property, and bonds.

3. Invest wisely  

It’s good practice to re-evaluate your investments from time to time; you may find better assets to invest in, or opportunities to have better returns at lower fees.Also political and economic events affect your investments, so it’s always good to watch out for them and react accordingly.

4. Maintaining and Managing Wealth  

These ideas talk about how to use your money/income as a means to build wealth

Everybody wants a juicy secret, even when it abandons pure facts, we fill in the holes ourselves. If you tried to recall the number of gurus who promised they’ll make you rich and the number of money-making secrets you have heard, I am sure you won’t be able to fit them all in one hand.…

How to See Through the Smokescreen of Gurus who Promise you Wealth

“Less ego, more wealth. Saving money is the gap between your ego and your income, and wealth is what you don’t see. So wealth is created by suppressing what you could buy today in order to have more stuff or more options in the future. No matter how much you earn, you will never build wealth unless you can put a lid on how much fun you can have with your money right now, today.”

<ul><li>Financial outcomes are driven by luck, independent of intelligence and effort.</li><li>Financial success is not hard science. It’s a soft skill, where how you behave is more important than what you know.</li><li>To grasp why people bury themselves in debt you don’t need to study interest rates; you need to study the history of greed, insecurity, and optimism. To get why investors sell out at the bottom of a bear market you don’t need to study the math of expected future returns; you need to think about the agony of looking at your family and wondering if your investments are imperiling their future.</li></ul>

Doing well with money has little to do with how smart you are and a lot to do with how you behave. And behavior is hard to teach

People have different views about money.<ul><li>You know stuff about money that I don’t, and vice versa. You go through life with different beliefs, goals, and forecasts, from what I do. That’s not because one of us is smarter than the other, or has better information. It’s because we’ve had different lives shaped by different and equally persuasive experiences.</li><li>We all do crazy stuff with money because we’re all relatively new to this game and what looks crazy to you might make sense to me. But no one is crazy — we all make decisions based on our own unique experiences that seem to make sense to us.</li></ul>

No One’s Crazy

Nothing is as good or bad as it seems.Luck and risk are both the reality that every outcome in life is guided by forces other than individual effort. They are so similar that you can’t believe in one without equally respecting the other.

Luck & Risk

Happiness = results - expectationsThe only way to know how much food you can eat is to eat until you’re sick. Few try this because vomiting hurts more than any meal is good. For some reason, the same logic doesn’t translate to business and investing, and many will only stop reaching for more when they break and are forced to.

Never Enough

Leverage the power of compounding.More than 2,000 books are dedicated to how Warren Buffett built his fortune. Many of them are wonderful. But few pay enough attention to the simplest fact: Buffett’s fortune isn’t due to just being a good investor, but being a good investor since he was literally a child.

Confounding Compounding

“Nothing is as good or as bad as it seems.”

Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people. Money—investing, personal finance, and business decisions—is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.

The Psychology of Money

Find 100+ Ideas and Facts about Money - Curated from interesting sources like Books, Podcasts & Articles - Genuine Insights from like-minded Users like You!

15 Subjects You Should Have Been Taught In School

How To Make Money From Your Passions (Without Burning Out)

What is Competitive Moat in business and how to build one

15 Things Most People Take A Lifetime To LEARN

How to Fail at Almost Everything and Still Win Big

Getting Your Investing Sails right Before You Go to Sea: 11 Fundamental Concepts

How to See Through the Smokescreen of Gurus who Promise you Wealth

The Psychology of Money

The Intelligent Investor, Rev. Ed

72-Hour Rule: How to Stop Impulse Buying? - Rishikesh Sreehari

It's time to
Read like a Pro.

15 Subjects You Should Have Been Taught In School

How To Make Money From Your Passions (Without Burning Out)

What is Competitive Moat in business and how to build one

15 Things Most People Take A Lifetime To LEARN

How to Fail at Almost Everything and Still Win Big

Getting Your Investing Sails right Before You Go to Sea: 11 Fundamental Concepts

How to See Through the Smokescreen of Gurus who Promise you Wealth

The Psychology of Money

The Intelligent Investor, Rev. Ed

72-Hour Rule: How to Stop Impulse Buying? - Rishikesh Sreehari

It's time to Read like a Pro.

It's time to
Read like a Pro.