The more complicated your strategies and tactics are, the more likely you are to screw them up and fail.
Keep things as simple as possible; eliminate any unnecessary complexity.
KEEP IT SIMPLE.
If you want to make serious money, understand that you’re competing with people who already have capital, networks, and leverage.
You’re not just competing on skill. You’re competing on resources.
That’s why trying to do everything alone is a disadvantage. You need strong relationships, solid partnerships, and people who can lock in, share knowledge, and move faster with you.
“I don’t have friends” is not a flex.
“I don’t like asking for help” is even worse.
Because the people you’re competing with are collaborating, pooling resources, and accelerating each other.
You don’t win big alone.
Some socialists are motivated by compassion for the poor; a desire to alleviate the suffering of those at the bottom of the dominance hierarchy.
Some socialists/communists are motivated by nothing other than envy and hatred of the rich.
Distinguish.
Imagine you and 4 friends open a shawarma business. Total cost is N500,000. Each person puts in N100,000. Each person owns 20%.
If the business makes N200,000 profit in a month, your share is N40,000.
If someone offers to buy your 20% for N200,000 because the business is growing, your N100,000 just became N200,000.
That's exactly how the stock market works. Replace "shawarma business" with Dangote Cement or MTN. Replace "5 friends" with millions of shareholders.
You're buying a piece of a real business. That's all a stock is.
Every day I make it to the gym, I’m more convinced I will make it in life.
The discipline to keep doing something whether you feel like it or not, whether you’re in the mood or not, is the same discipline you need to succeed in life.