The Mindset of Making Money
The Playbook With David Meltzer
David Meltzer, Entrepreneur.com
4.9 • 1.9K Ratings
🗓️ 10 January 2024
⏱️ 4 minutes
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| 0:00.0 | I asked my mom years ago, why do you want me to study history? |
| 0:03.0 | Tell me not to stumble on the roadblocks behind me. |
| 0:05.2 | Now you have me focusing on the past. |
| 0:07.2 | She said, but not your past. |
| 0:08.8 | Don't focus in on your past. |
| 0:10.3 | Focus it on everybody else's past because what are you going to learn? |
| 0:13.6 | Human nature. |
| 0:14.6 | Human nature never changes and if you can have a PhD in human nature, you will be able to |
| 0:18.8 | have whatever you want because you'll be able to help other people get what they want. |
| 0:23.0 | That's what being an entrepreneur is about. |
| 0:25.2 | It's about managing your time, helping other people get what they want, |
| 0:28.2 | and making money from it. |
| 0:29.8 | I made a ton of money, and I went bankrupt in my 30s. I retired and went bankrupt in my 30. |
| 0:35.2 | I lost more money than I ever dreamed of having. And I learned a valuable lesson to be of service. |
| 0:40.8 | I truly trusted the universe at that time. My wife, you know, who |
| 0:44.1 | stayed with me and she said, you're not worried about making back that money. I |
| 0:48.4 | said, oh no, I've always made money. I was a millionaire nine months out of |
| 0:51.3 | law school. Making money wasn't my problem. I wanted to learn the value of money. I wanted to learn how to keep my money so I went back and didn't study anything new about making it. I studied the Rockefeller, the Vanderbilt, I studied history. All this other |
| 1:04.3 | stuff like cryptocurrency and what I look at is okay think about cryptocurrency I just |
| 1:09.6 | did an interview for them and they're like what do you know about crypto I said I don't need to know |
| 1:14.4 | anything although it's an alternative method of compensation that's unregulated |
| 1:20.0 | great for money laundering I'm sure not that I'm involved in that I said but I know how to make money on it |
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