4.8 • 6.9K Ratings
🗓️ 19 June 2014
⏱️ 52 minutes
🧾️ Download transcript
See omnystudio.com/listener for privacy information.
Click on a timestamp to play from that location
0:00.0 | So the question is, what's the biggest skill you can develop if you want to turn around |
0:10.9 | your financial situation? |
0:13.0 | You know, I've often talked about the four levels of wealth and income that you can have. |
0:20.0 | You know, the first one is scarcity. |
0:22.2 | That's where most people are at. |
0:24.1 | I think in the United States, the average person makes something around $48,000 a year. |
0:30.4 | And we know from the Nobel Prize-winning work of Connemon, he says, you don't really |
0:36.2 | achieve financial happiness till at least somewhere around $80,000 to $100,000 a year. |
0:42.7 | So some of you listening are at level one, somewhere at what I call level two, which is |
0:47.1 | financial independence that's somewhere around, you know, $80,000 to maybe $120,000 a year. |
0:54.1 | Beyond that, there is what I call prosperity. |
0:58.0 | That's somewhere around $100 to $1,000,000 a year of income. |
1:02.3 | And then lastly, you have wealth and impact. |
1:04.9 | Now, I've talked about that before. |
1:06.1 | I want to talk about specifically, you must always keep things simple, right? |
1:11.0 | So specifically, what can you do to move levels? |
1:14.8 | Some of you listening are at scarcity. |
1:17.9 | Some of you are at financial independence, wanting to move to prosperity. |
1:22.4 | Some are already in prosperity, I want to move up. |
1:24.2 | Wherever you are, there's one skill that's absolutely vital for you to cultivate, develop. |
1:30.8 | First of all, you must recognize it as a skill in that a lot of people don't. |
1:33.9 | I mean, they do in a certain sense, but not sufficiently to grasp the full power that |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Tai Lopez, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Tai Lopez and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.