REPROGRAM your mind to be rich in 22 minutes....

28 Ways to Stay Poor

In this video, the speaker talks about the 28 ways to stay poor. He explains that he is framing it this way because of Charlie Munger's talk on how to live a miserable life using inversion thinking. The speaker encourages viewers to use this process in their lives and applies it to business and marriage.

Best Ways to Stay Poor

• Start tomorrow instead of today.

• Read lots of books but do nothing with the knowledge gained.

• Take advice from poor people on how to be rich.

• Pick a spouse who will make you feel guilty for working towards your dreams.

• Fail once and quit forever.

More Ways to Stay Poor

• Don't learn sales or marketing skills.

• Don't invest in yourself or your education.

• Don't network or build relationships with successful people.

• Don't take risks or try new things.

Mindset Habits That Keep You Poor

• Believe that money is evil and rich people are bad.

• Think that success is only for lucky people or those born into wealth.

• Blame others for your problems instead of taking responsibility for your actions.

Financial Habits That Keep You Poor

• Spend more than you earn and don't save any money.

• Use debt as a tool instead of avoiding it altogether.

Career Habits That Keep You Poor

• Settle for a job you hate instead of pursuing your passion.

• Don't negotiate your salary or ask for a raise.

• Don't invest in building skills that will make you more valuable to employers.

Business Habits That Keep You Poor

• Don't focus on solving problems for others or creating value.

• Don't listen to feedback from customers or adapt to changing markets.

• Don't build systems and processes that can scale your business.

Life Habits That Keep You Poor

• Surround yourself with negative people who bring you down.

• Waste time on social media and other distractions instead of being productive.

• Don't take care of your health or prioritize self-care.

How Not to Be Poor

• The speaker provides the reverse of the 28 ways to stay poor, giving viewers actionable steps they can take to improve their lives and achieve success.

How to Stay Poor

In this section, the speaker discusses how to stay poor by blaming your circumstances and complaining about things that you cannot control. He also talks about how strong character is built through hard times and why it's important to accept discomfort.

Blame Your Circumstances and Complain

• Blaming your circumstances is a great way to stay poor.

• Complaining about things that you cannot control will not change anything.

• Strong character is built through hard times, so we must accept discomfort.

Expect Others to Save You

• Expecting the government or other people to save you is a surefire way to stay poor.

• No one can save you except for yourself.

Value Others' Opinions Over Your Own

• Thinking that everyone else's opinions matter more than yours is an excellent way to stay poor.

• Success is a process rather than an outcome, and it's up to us to define what success means for ourselves.

Avoid Discomfort

• Avoiding discomfort of all kinds guarantees that you won't accomplish what you want in life.

• Discomfort is necessary for growth and learning.

Tolerate Mediocrity from Yourself and Others

• Tolerating mediocrity from yourself or others will only lead to more mediocrity.

• The best leaders hold themselves and others to high standards of excellence.

The Importance of Holding High Standards

In this section, the speaker emphasizes the importance of holding high standards for oneself and others in order to achieve success. He also talks about how modeling excellence can inspire others around us.

Hold Yourself Above Your Standards

• Successful people hold themselves above their own standards.

• We must raise our own standards in order to model excellence for those around us.

Model Excellence for Others

• Most people don't need to be led, they need a model to follow.

• Modeling excellence can inspire others to hold themselves to higher standards.

The Importance of Self-Respect

In this section, the speaker emphasizes the importance of self-respect and how it is the hardest to earn. He explains that making promises to oneself and breaking them leads to losing respect for oneself.

Self-Respect

• Self-respect is the hardest thing to earn.

• A different version of happiness is respect for oneself.

• Making promises to oneself and breaking them leads to losing respect for oneself.

Don't Wait for Perfect Conditions

In this section, the speaker talks about how waiting for perfect conditions is a great way to stay poor. He explains that there are never going to be perfect conditions, and if you need them, you will stop being successful when they change.

Perfect Conditions

• Waiting for perfect conditions is a great way to stay poor.

• There are never going to be perfect conditions.

• If you need perfect conditions, you will stop being successful when they change.

Prioritize Being Rich Over Looking Rich

In this section, the speaker talks about how prioritizing looking rich over being rich is a classic mistake made by poor people. He emphasizes that one should prioritize being rich by spending less over a long period of time.

Being Rich vs Looking Rich

• Prioritizing looking rich over being rich is a classic mistake made by poor people.

• One should prioritize being rich by spending less over a long period of time.

• Be real with yourself rather than trying to look rich.

Avoid Working on What Matters Least

In this section, the speaker talks about how working all day long without anything important moving forward is a great way to stay poor. He emphasizes that one should focus on doing the right things rather than doing the most things.

Doing What Matters Most

• Working all day long without anything important moving forward is a great way to stay poor.

• The richest people in the world are making sure the right stuff gets done.

• Focus on doing the few things that move the needle the most.

Don't Do What Everyone Else Is Doing

In this section, the speaker talks about how doing what everyone else is doing is a great way to stay poor. He emphasizes that if you want to be in the one percent, you can't do what 99% of people are doing.

Being Unique

• Doing what everyone else is doing is a great way to stay poor.

• Be unique and do something different if you want to be in the one percent.

How to Stay Poor

In this section, the speaker talks about how to stay poor by highlighting common mistakes people make that keep them from achieving their goals.

Don't Do What's Required

• Your best may not be enough.

• Figure out what is required and become better.

• Start doing instead of just preparing to work.

Keep Trying New Things

• Starting new things is exciting but can lead to half-built bridges.

• Uninformed optimism leads to informed pessimism and the value of despair.

• People who keep trying new things never achieve what they want.

Believe What Others Think About You

• Believing what others think about you rather than what you think about yourself keeps you poor.

Repeat Mistakes

• Repeating the same mistake over and over again keeps you stuck in life.

• Doing the same thing repeatedly will yield the same results.

Be Replaceable

• If anyone can do your job, then you'll never be wealthy doing it.

• Learn skills that other people can't do to make yourself irreplaceable.

How to Stay Poor

In this section, the speaker discusses 28 ways to stay poor and unsuccessful.

Hiring Dumb People

• Hiring dumb people is an excellent way to stay poor and have a bad business.

Assuming You Are Always Right

• Assuming you are always right is a great strategy for staying poor. Successful people have a voracious desire to learn from anyone and every possible source they can.

Making Money but Spending More Than You Make

• Making money but spending more than you make is the simplest way to stay poor. It doesn't matter how much you increase your income; if you spend more than it, you will be poor.

Other Ways of Staying Poor

Not Being Willing to Do What It Takes

• Most people know what they need to do to achieve their goals, but they choose not to do it because they are not willing.

Not Having Goals

• Not having goals is an excellent way of staying poor because there's no direction or purpose in life.

Blaming Others for Your Problems

• Blaming others for your problems instead of taking responsibility for them keeps you stuck in poverty.

Focusing on Short-Term Pleasure Over Long-Term Gain

• Focusing on short-term pleasure over long-term gain leads to making decisions that keep one in poverty.

Not Investing in Yourself

• Not investing in yourself by learning new skills or improving existing ones keeps one stagnant and unable to progress financially.

Lack of Persistence

• Lack of persistence means giving up too soon and not seeing things through to the end.

Not Taking Risks

• Not taking risks means missing out on opportunities that could lead to financial success.

Lack of Creativity

• Lack of creativity means not being able to come up with new ideas or solutions to problems, which can hinder financial progress.

Not Being Willing to Work Hard

• Not being willing to work hard means missing out on opportunities that require effort and dedication.

Spending Time with Negative People

• Spending time with negative people can bring down one's mood and motivation, leading to a lack of progress in life.

Procrastination

• Procrastination leads to missed opportunities and delays in progress towards financial success.

Lack of Focus

• Lack of focus means not being able to concentrate on important tasks, leading to missed opportunities for financial gain.

Fear of Failure

• Fear of failure can prevent one from taking risks and trying new things that could lead to financial success.

Lack of Self-Discipline

• Lack of self-discipline means giving in too easily to distractions or temptations, hindering progress towards financial goals.

Not Learning from Mistakes

• Not learning from mistakes means repeating them and not making progress towards financial success.

Being Too Comfortable

• Being too comfortable means not pushing oneself outside their comfort zone, leading to missed opportunities for growth and financial success.

Surrounding Yourself with People Who Don't Support You

• Surrounding yourself with people who don't support you can bring down your motivation and hinder progress towards financial success.

Not Having a Plan

• Not having a plan means not having direction or purpose in life, leading to missed opportunities for financial success.

Lack of Confidence

• Lack of confidence means not believing in oneself, hindering progress towards financial success.

Being Too Proud to Ask for Help

• Being too proud to ask for help means missing out on opportunities for growth and learning from others who may have more experience or knowledge.

Not Taking Action

• Not taking action means not making progress towards financial goals and staying stagnant.

Lack of Perseverance

• Lack of perseverance means giving up too soon and not seeing things through to the end, hindering progress towards financial success.

Being Too Busy

• Being

28 Rules of Poverty Flipped on Its Head

In this section, the speaker provides 28 rules for avoiding poverty and achieving success.

Rules for Avoiding Poverty

• Reverse the 28 rules of poverty to create a set of rules for living that will help you avoid pitfalls and succeed by accident.

• Read books, take advice from rich people, pick a spouse who makes you feel awesome about working, fail once and try again.

• Think the world is unfair and act accordingly, never blame your circumstances but thank them for making you who you are.

• Value your opinion over those of other people, seek out discomfort, tolerate nothing but excellence.

• Make promises and keep them, wait for imperfect conditions and act anyways on what you want. Work on things that matter most and ignore the rest.

• Talk less do more, start something new today and keep at it until you are good. Assume that you were always wrong and be willing to learn.

• Make money and spend less than you make.

Conclusion

The speaker encourages viewers to flip these rules around in their own lives to see where they can take them. By following these guidelines, individuals can avoid common mistakes that lead to poverty while succeeding without even trying.