Koel

Desk of not serious trader. DYOR and NFA

[Special Situations 🌐 Research Newsletter (Jay) @SpecialSitsNews]

This is real gold buying, spec isn't even elevated (GS) $GLD $PHYS $GOLD

[Sahil Bloom @SahilBloom]

My honest advice to someone who wants to make a lot of money.

3 things I wish I knew at 22:

1. The only way to make a lot of money is to create a lot of value.

Here's a harsh truth: No one hands out money. No one is going to pay you just because they like you or think you're cool. That's not the way the world works.
Money earned is a direct byproduct of value created.

Create value, receive value. If money is the goal, value has to be the focus.

This isn't just some vague idea: The only way to get rich is to create an enormous amount of value for others, and capture a small portion of that along the way.

It's not talking about the thing, it's not brainstorming about the thing, it's not asking about the thing, it's not thinking about the thing.

The only way to create value is by doing the thing.

And if you don't know where to start, look around you. Customers, colleagues, bosses, shareholders, employees. Every single one of them has a problem. What problems can you solve for the people around you?

Figure them out, solve them, scale that solution.

That's how you make money.

2. You have to demonstrate excellence in everything you do.

Your income scales proportional to the amount of excellence that you are able to demonstrate. This is particularly true if you're going to work your way up at someone else's company.

It's simple: If you want to get promoted, earn the big raise, get that fancy title, and more, then demonstrate excellence in everything you do.

Everything matters. Every single thing. You don't get to pick and choose when to show up, because the world will ignore your best and judge you for your worst. Top performers show up with energy and enthusiasm for the little things just as much as they do for the big things.

If you're in the top-10% of performers, there's no ceiling for what you can do. But the self-awareness to identify where you currently stack up, and to hear and adapt to the honest feedback on it, is very rare.

If you're in the top-10%, you know it. If you're not, figure out why and fix it.

3. You don't need passion, you need energy.

I've always taken issue with the advice to follow your passion.

You don't have to be passionate about your professional pursuits, you just need to find energy in them. You just need to feel a pull towards them. You just need to feel that spark of curiosity in them.

Passion can lie—but energy never does.

When you have energy for something, you're prone to giving your deep attention to learn more about it, to ask the right questions, to figure it out, to win.

***

Go deeper on this advice and more in my NYT bestselling book, The 5 Types of Wealth. It's currently 30% off, so if you're interested in grabbing a copy, now's a great time to take advantage.

Order here: https://t.co/LRoU04LJiN

P.S. Email the receipt to [email protected] and I'll send you a 50+ page companion workbook to guide your reading.

[Special Situations 🌐 Research Newsletter (Jay) @SpecialSitsNews]

Provincial growth targets in China from 2024 are falling in 2025

[Koel @koelgroup]

@TheRoaringKitty Yeah

[Koel @koelgroup]

@TheRoaringKitty Next video in 15min (18:00 CET) 😀

[Koel @koelgroup]

@TheRoaringKitty Amazing comeback 🐈