The Two Elements of SelfImprovement

[Music]

everybody likes money it’s an essential

aspect of our daily lives that controls

society

we use it for exchanging goods and

services as well as a benchmark for our

success

now knowledge and health follow the same

principle we deem people who are smarter

or more fit than us just

as better now wanting to become better

is in the mindset of all of us

it matters whether we put in the effort

or not so

how can you improve all three aspects

money making

boosting health and attaining knowledge

well the answer consists of two parts

and it’s a very simple structure

aspect number one investment this is

essentially investing and setting aside

time money or any other resource to

reach your goal

now this might seem like common sense

but most people say that they’re going

to do something

but end up not doing it due to laziness

or

not having enough time we’re all guilty

of

now if you truly care about something

you will make time and you will think of

a way to achieve that goal

so let’s take the concept of investing

resources and

apply it to the stock market or our

money making concept

so here’s a table that shows how much

money you need to invest

in order to become a millionaire by age

as you can see the younger you start the

less money you have to invest

per day per month or even per year to

become a millionaire by age 65.

if you want to invest more go ahead make

the million come to you faster

by investing money and time you get to

enjoy your life more

by slowly improving your wealth over

time you can invest your money into any

company

may that be google amazon walmart tesla

or many many more

now this is a side hustle a way to make

money not from your direct

income so the moral of the table that i

just showed you was that the sooner you

start

investing money the less effort is

required to reach a million

and this moral can be applied to any

goal that you that you create

now from this question from this

question arises would you be willing to

exchange money and time and resources in

your youth

in order to have a better life when

you’re older or would you rather spend

that time and money now

create lots of good memories have the

time of your life only to not be so

wealthy knowledgeable or healthy by the

time you reach middle age

there’s no concrete answer it’s

completely your choice

now knowledge of health follow the same

principle invest

money and time and you’ll be greatly

rewarded throughout your journey

buy books or courses for improving your

overall health

or your knowledge or buy a personal

trainer that can help you to change your

dream body

overall it all boils down to whether you

are

able to achieve you’re willing to

achieve your goal

not think about it actually take the

leap towards your goal

now the hardest part of your journey

will be aspect number two

motivation motivation differs from first

person

now some people want to become rich to

have a great life for themselves

others to give money to organizations

that make the world a better place

some people want to have an aesthetic

body for showing off others for their

overall fitness

it differs now motivation is the burning

sensation inside of you that either one

that either wants to continue

ferociously

or wants to give up because you aren’t

seeing results or it seems to risky

you have to realize that by investing

into a better view

it doesn’t matter whether you might have

pitfalls in your journey continue

whereas the phrase goes keep your eyes

on the prize

let me give you a personal example of my

virtual stock trading account

so one and a half years ago when i was

13 years old

i wanted to learn more about the stock

market i wanted to become rich because

that’s what every single teenager dreams

of

so i went on the internet and i found

myself a virtual stock trading program

which essentially lets me simulate my

investments as if

there it was real money so in its base

form it was essentially a game

now for the first six months everything

was going great i was learning i was

doing basic analysis on companies and i

was making

incremental profits every single week

main point was i was learning and that’s

what i strive for

and then in march 2020 the kovin-19

pandemic started to

majorly influence the markets businesses

closed

people started panicking the stock

market crashed

and so did my portfolio this

is a table that shows the overall

returns of my portfolio

and the dates which correspond to the

overall returns

so before march 2020 you can see i was

up

plus four percent that was the product

of six months of

work and basic analysis of companies and

semi-wise investment decisions

and then on march 3rd my portfolio was

down to minus five and a half a week

later it was down to minus 10

two more weeks later and i was down to

minus 20

and it kept on falling and on that on

april third i reached the lowest point

in my portfolio

which was minus 23 percent

to put it into perspective minus 23

percent essentially law

essentially meant that i had lost 23 000

that is a vast sum of money especially

for a 13 year old

and it didn’t matter to me whether the

money was real or not

i treated this as a game of knowledge as

a game to better myself

so i treated that money as real and

i felt horrible i mean i lost 23 000

i mean what can i do now i was genuinely

set on

closing my account never looking at this

game again

and just giving up but then i thought to

myself

my main motive was to learn right and i

am in the middle

of the biggest market crash in modern

history

why don’t i use this as a learning

opportunity so

i set myself a goal of coming back from

minus 23

to plus zero to the positives and for

the next six months

i kept my eyes on the prize i kept on

working for that

and after those six months when the game

finally closed i was left with a screen

that looked like this overall returns

plus 3.6 overall gains three thousand

six hundred dollars

i felt immensely proud that i that i

persevered

through a loss of twenty three thousand

dollars

that i managed to accumulate all of this

knowledge just from not giving up

now if keeping your eyes on a prize

doesn’t fully work

you can create sub goals like if i

finish this book

i get to go out with my friends and have

a blast or if i throw this dumbbell 15

times the heavier weight

i get to make waffles for breakfast

tomorrow and doesn’t that just look

wonderful

if you’re not a waffle person pancakes

are a great alternative

fundamentally it doesn’t really matter

what your goal is

find ways to never lose hope and

motivation to succeed and you’ll achieve

your goal much faster than you planned

so in style improvement can be achieved

in two parts

part number one invest time money or any

other resource that you need

and part number two have the pure have

pure persistence

or find ways to never lose hope and

motivation to succeed

all of this adds up to a better version

of you

now ask yourself do you want to continue

your life the way it is

or do you want to take control of it and

improve

it’s all up to you thank you for coming

you