Day 3: Most fail at investing and this industry secret is the reason...

18/05/2022 32 min Temporada 4 Episodio 3

Listen "Day 3: Most fail at investing and this industry secret is the reason..."

Episode Synopsis

Title:

Most fail at investing and this industry secret is the reason...


Date:

Wednesday, May 18th 2022

Domain:

BUSINESS

Life lesson:

If I want to keep it I must give it away. Share the knowledge help many.


Core idea:

I want to provide a guide that anyone can use to put into context the idea of a financial plan...



Fact #1:

THE PROBLEM


We discuss the problem clearly.
If you don't know an enemy exist how can you prepare or have an opportunity to influence them to become a friend



Fact #2:

THE SOLUTION


We will discuss why this problem is important and what to do about it.


Just talking about the problem is not going to help people.



Fact #3:

THE HOW


Discuss implementation the how to fight back


The industry doesn't demand a plan.

People fall into the comparison game.

It's not their fault.

We are conditioned to think in comparative measures to others.

We can't succeed comparing ourselves to others.

We need to compare ourselves to ourselves.



Fact #4:

RECAP SOLUTION


Give a recap of the why and the how with simple steps of implementation


This is a simple concept I know most people don't practice.

80% of wealthy individual I meet don't have a plan or have a plan that places them in the plans of some financial institution.

The idea here is to provide a framework for planning anyone can start implementing today.


Action:

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