Unlocking Financial Success: 4 Reasons Why You're Struggling and 7 Millionaire Skills to Learn

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This article is a summary of a YouTube video "4 things YOU should AVOID if you want to get RICH" by Iman Gadzhi
TLDR Taking responsibility and learning the 7 millionaire skills are key to achieving financial success.

Key insights

  • 💰
    The first reason why you're poor is because you can't look yourself in the mirror and be honest about your current situation.
  • 🤔
    The speaker raises the question of why some people are still poor despite having access to the same information and resources as those who have become successful.
  • 💰
    "The programming of someone who is poor" can be deeply ingrained in your subconscious mind, often coming from parents or upbringing.
  • 💰
    Money is not scarce because it's backed by nothing and can be printed by private investors who own the Federal Reserve.
  • 🛍️
    You are poor because you do not create anything, only consume, and will not become rich until you create value for others to consume.
  • 💰
    The reason why you're poor is that you're spending too much time consuming instead of creating.

Q&A

  • Why are people poor?

    — People are poor because they can't take responsibility for their current situation and can't handle criticism.

  • What is the importance of self-assessment?

    — You cannot be successful if you cannot objectively assess your life without feeling attacked or flawed.

  • How can one attract money?

    — Believing money is scarce and trying to hoard it will push it away, instead you must attract it by changing your identity and mindset.

  • What should one focus on instead of consuming?

    — Delete social media apps if they don't contribute to your goals, and focus on creating instead of consuming.

  • What skills are necessary to become a millionaire?

    — Watch the two videos to learn the seven millionaire skills and become unstoppable.

Timestamped Summary

  • 🤦‍♂️
    00:00
    Taking responsibility and accepting criticism are key to success; if you don't make money by 2022, you have no one to blame but yourself.
  • 🤔
    01:54
    I've weighed the pros and cons and decided that drinking alcohol is worth it.
  • 🤔
    03:03
    Despite the democratization of information, many people are still stuck in the same place - why?
  • 💰
    04:56
    Change your identity and mindset to attract money, rather than trying to hoard it, to break the programming of poverty from your parents.
  • 💰
    06:54
    Money is abundant and infinite, so invest in real assets instead of fiat currency.
  • 🤔
    08:24
    Create value and others will exchange money for it.
  • 📱
    09:53
    Delete apps & focus on creating!
  • 💪
    10:49
    Learn the 7 millionaire skills & become unstoppable - watch the videos!
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This article is a summary of a YouTube video "4 things YOU should AVOID if you want to get RICH" by Iman Gadzhi
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