Valuetainment - Most Underrated Skill Set of Millionaires

00:00:00.000 you ever find yourself reading all these articles with nfts and you say i still don't know what an

00:00:03.680 nft is i don't even know what a fungible token is what's fungible what's crypto honestly between me

00:00:09.040 and you pat i still don't even know what cryptocurrency is i don't know what blockchain

00:00:13.440 is i don't know what a spack is i don't understand how we printed five trillion dollars of money the

00:00:17.920 last 12 months 40 of all money ever printed in us was printed in the last 12 months and the economy

00:00:23.680 is still going up i don't get it what the hell is going on here what is bitclaw what is this 0.62

00:00:28.720 new thing that's coming out with crypto for you to be able to buy stocks and individuals

00:00:32.880 i'm all over the place pat i'm a little bit overwhelmed if you ever catch yourself being

00:00:38.000 in a situation where you have no clue what's going on and things are moving a little bit too quickly

00:00:43.360 this is when you need to take a time out and not a 20 second time out you need to take a day time out

00:00:49.280 and sit there and do the one skill set that's basic nothing complicated about it do a ton of research

00:00:57.920 you choose these topics i want to learn baseball cards how is this card just sold for five million

00:01:04.480 dollars how is it that that card just sold for two million dollars why would anybody buy a baseball

00:01:08.880 card a basketball card go educate yourself because things are moving so quickly right now money's being

00:01:15.840 made so easily right then i'm not talking about a hundred grand or a million dollars or ten million

00:01:20.080 dollars millions on top of millions on top of billions are being made right now simply because some

00:01:25.520 people took the time to do a little bit more research than others did and others are just

00:01:30.160 sitting there saying i don't know i don't know i don't know it's called research spend a sunday

00:01:35.760 get away from everybody get a computer out choose one of the topics you want to research read every

00:01:41.680 single topic on nfts on cards whatever topic that intrigues you and then read opposing topics on it so

00:01:49.520 why nfts won't work why nfts will go away like the complete like the way i like to learn topics

00:01:55.200 and the reason why i love debate so much is because i that's how i learn when we sit there and we have

00:02:00.480 a meeting with our staff and our executive team yesterday tom and i were talking about this and i

00:02:05.760 made this call nobody was ready for this call just kind of set up the zoom and i got everybody on the

00:02:10.000 zoom and i knew they were differing opinions and i asked one question and they all went at it right

00:02:15.840 and i sat back and i learned whether this was the right decision to make for our company or not

00:02:20.160 because it was debate there was discourse so when you're doing research don't just read one-sided

00:02:24.960 research read opposing side research not to emotionally sway your opinion about what it is

00:02:31.840 just to see both haters on the other side both critics on the other side and then you make your

00:02:37.440 decision hopefully you know how you had you know how to reason and neither person can pull you

00:02:41.760 to one direction emotionally after doing a ton of research yourself you'll sit there and say

00:02:46.800 you know what this is actually not bad and i'm interested in you know i'm going to start off with

00:02:50.720 this much i'm going to start off with that much i'm going to go out there and do this area of this

00:02:54.560 i'm not touching nft i'm not touching this but i'm going to try this based on doing a lot of research

00:03:01.680 i've been around a lot of folks who are very wealthy i've been a lot of a lot of folks that are wealthy and

00:03:06.400 i'm talking billionaires and if you talk to billionaires they are ridiculously big on doing

00:03:13.760 research on their own you'll ask them a question let's say we're talking having a conversation

00:03:18.640 together with them and then all of a sudden they're not paying attention to you anymore

00:03:21.760 and they're looking at their phones you may be thinking they're texting somebody they're not

00:03:25.360 texting somebody they're on the third article already that they're reading while you're having

00:03:29.840 a conversation with them they're on the third article reading you say what are you looking at i just

00:03:33.600 read this article on bc that i like what this guy said about it here let me send it to you they send

00:03:37.200 a link airdrop and then you read it wow that's pretty intense and then boom and then you're going

00:03:42.400 back and forth the wiring of how to figure things out is on them and many people out there watching

00:03:48.400 this you ought to get better at the time out and research skill set by the way if you're watching

00:03:54.400 this this has to do with your own industry i'm in the insurance industry guess what i have to research

00:03:58.560 everything and anything in the insurance industry i was having a board call yesterday with five of the top

00:04:02.560 biggest performers and insurance and all these seals are there we're talking everybody's saying

00:04:07.040 how we need to innovate product how we need to innovate insurance how we need to innovate this and

00:04:10.400 what about this and what about this everyone's giving their own ideas but my mind is constantly

00:04:16.480 thinking about researching how my industry could get better so this isn't about you're learning about

00:04:22.320 baseball cards this isn't about you're learning about nfts this isn't about you're learning about

00:04:27.360 spacks this isn't about you're learning about interest rates or why the market is doing so well

00:04:32.080 this is about you researching non-stop whatever topic that matters to you both to help you with

00:04:38.960 your health with your life with your finances with getting clarity because the clearer you become

00:04:44.000 the better decisions you and i are able to make and if you want a strict specific formula on how to

00:04:49.360 research i made a video four years ago when i was in ball harbor how to research any topic if you've

00:04:54.160 never watched it click over here to watch the video take care everybody bye-bye bye-bye

Valuetainment - April 05, 2021

Most Underrated Skill Set of Millionaires

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