You Can’t Earn Beyond Your Level of Understanding

[$anounimus$]

It is naive to think that only people with knowledge, education and degrees can make a lot of money and the rest cannot. In theory yes, but in reality, our world doesn't work that way. If we have knowledge but no courage, do not dare to take risks, then do not blame fate that we are not luckier than others. While those who know they are not good but still dare to take risks, step out of their comfort zone and dare to make trade-offs, the results will be completely different.

Not to mention, wealth sometimes comes from relationships, luck...this is not new and there have been many such cases. In short, wealth comes to us in many different ways, there is no single path or formula when it comes to wealth.

But in life, we cannot wait for luck to come to us because there is no guarantee. So instead, try to improve our knowledge, work hard, try to step out of our comfort zone...seek wealth and wealth will come to us.

Knowledgeable people are indeed a little more advanced and have more knowledge than others. It's just that in the reality of life, that may not apply because around us there are also some people who do not have a higher level of education but they are quite successful in managing their businesses. I think people who dare to do something and face risks will find it easier to reach the path of success. What you have mentioned are some of the paths that must be taken and I believe that these positive things are the leverage for someone to continue to develop themselves and their business path.

[mindrust]

That's a known fact. Getting rich is easier than keeping it. I am not saying getting there itself easy but some people get there pretty fast because they are lucky. Sometimes their grandma dies and they inherit lots of money and then they bet all on intc right before its earnings and boom 30% of that inheritance goes out of the window just like that.

People often dream about the great stuff they would do if they were rich. Most of the time they dream about getting poor again but they don't know that.

[Tigerheart3026]

Different principles worked for different men. Naturally, some people are just lucky, or I can say that they are often privileged to have good opportunities at all times. These opportunities make them explore. I remember I read the story of one rich man who said that he was already rich even at the age of fifteen, but then he had no very good knowledge of how to grow the wealth or preserve it. It was in the later year that he developed his knowledge to create more wealth. So, people are different, and the opportunities they get are also different. 

Building wealth from scratch requires a lot of effort, knowledge, luck, hard work, passion, determination, mindset, etc. It doesn't just require your mindset to build wealth from scratch. You might have the mindset to be rich, but it might not come as quickly as you desire. At that point, passion and determination will keep you guided. 

I guess everyone of us here set a goal to be rich, but the problem is, not all of us have given equal opportunities to achieve that goal. While some may struggle to get rich in the process, some are just privileged enough that they can easily get rich even without putting a lot of hardwork and efforts, connections is the key. Accept it or not, it’s not the mindset or the attitude of an individual that will set him to get rich, but having good connections is the trend. And rich people have more connections than the poor ones, that’s why when poor individuals aim to get rich, it may took a lot of years before he will achieve that goal.

right connection or support is playing a big important role to get quick rich a people, you have no connection or any support it's quite difficult to success in your life or you can success but takes to long time but everyone can not, it's rare case. just look at the rich people around you, but now all of them are rich by their own efforts, somehow they are privileged.

[Cookdata]

It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.

Economy situations are always subjective either by individual or by countries. There are people that with their s.all level of understanding, they have became someone. This doesn't applied in many people. I know some that bought Tesla shares around 2019, this is a guy that was clueless about stock market and had some money to put into investment and after some little research, he pour in some money and the guys was lucky he did.

However, me that claimed to know about Tesla couldn't even make money on investment the way he did with Tesla because I wasn't expecting such quick growth from the company despite knowing them as a bad ass, the company is now worth tillinons of dollars by valuation and this dude was lucky to be among the people that made it through while I'm here kissing my Bitcoin. Not bad but I'm dis-validating your subject.

[Yatsan]

It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.

However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.

You have indeed availed some interesting information about building wealth and investing. Of course, passion and communication may work, hard work may work, but mindset and the understanding of how money and business work are usually the real players. Understanding financial principles, managing your risk, and seizing opportunities are at the heart through which informed decisions are made and common pitfalls avoided. Your view is equally candid about the social compulsions of capitalism: frequent recourse to resources and credit results in discontent and a deviation from long-term goals. The stress on innovation or novelty-from advertising to social media-makes it easy, he adds, to focus on what really matters, and you have acquired lasting wealth. Matching these pressures, which are better recognized in economics and finance, can reduce their impact and allow better thought-out and more effective monetary policies.

[EarnOnVictor]

I understand you quite well and there's no way you venture into anything without first learning it, the issue will definitely arise otherwise. But it could be beyond this scope at times, most of the people who are successful in some fields have little or no knowledge about the field, that is smartness. What they do is engage those who are good at that field and pay them for their knowledge. The person may resolve to managing those who understand the business while they do the major field work almost completely. The good part is attributed to the initial visions and it will drive it to the end. However, if the person in question is to handle the work all by himself, of course, there is no other route, he must learn the work and the level of understanding will go a long way in driving the business into success.

[Apocollapse]

That's why dumb phones is rising.

That's witty! Now I know why you use an old phone there in your pic because they are also dumb compared to the phones now, that is why they are called as smart phones but it can as well make us dumb if we will use it the wrong way or became a slave to it.

Nope, even though it's a dump phone, but people who use it will be smart.

No social medias, no brainrot contents, no porn, no endless scrolling, no games etc, you will be forced to work and be active, you will use your phone only for message or call important thing.

We're human who need social interaction, but sadly the technology make us become individualist.

[Xcode7]

I understand you quite well and there's no way you venture into anything without first learning it, the issue will definitely arise otherwise. But it could be beyond this scope at times, most of the people who are successful in some fields have little or no knowledge about the field, that is smartness. What they do is engage those who are good at that field and pay them for their knowledge. The person may resolve to managing those who understand the business while they do the major field work almost completely. The good part is attributed to the initial visions and it will drive it to the end. However, if the person in question is to handle the work all by himself, of course, there is no other route, he must learn the work and the level of understanding will go a long way in driving the business into success.

Not everyone masters all fields so that in running a business we still need help from others to be able to develop the business, but it is indeed necessary for a businessman to master at least before giving or employing others.
I think we can learn anything we are going to do, so there is no problem for that if we study it seriously.

And about what we do to increase income / get money I still believe in the level of our desire to achieve it, if someone is serious then nothing is impossible for him to get.

[yudi09]

It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.

Putting it first means mindset and then action. I might agree because action comes from a rational mindset. Rational action is also based on good knowledge. Take how investing works, for example. The chances of losing are more certain if it’s not based on action that starts with a mindset and that’s part of the risk and the risk is real, like choosing the wrong type of investment.

[Zoomic]

Information is indeed power. What most people need to actually earn more and become rich is the right information. Information about business opportunities, investment opportunities, employment opportunities, skill acquisition opportunity, intellectual opportunities etc. A person who does not strive hard to get exposed to the right information will be limiting himself and his level of understanding too. His focus will only be on the little things he already knows and not the big picture outside he knows nothing about.

We should not be surprised to know that there are still people who have never heard of bitcoin and it's ability to give them that wealth they've been wishing for, for years. Just a few seconds of comprehending the knowledge about Bitcoin can change their mentality and perception about lots of old ideas they've been holding on to for years.

[GiftedMAN]

Now let dive down..
Attitudes + Knowledge + Skill + Luck is what gives us success towards everything we do, that is why when any of this is missing in a man or in people who are succeeded you would see that it will be hard for them to maintain and sustain it for long time. But anyone who has this in them would find it hard to get back to their previous stage instead would growing exponentially.

From the above things you mentioned, it is very difficult for anyone to succeed in life and business without having them unless that person succeeded through inherited wealth because that is the easiest way some people become rich without having experience in business or good skill but at the long run some people still become broke after inheriting properties as a result of lack of knowledge to channel the resources to produce more sources of income.

Adding the right application to the things will mention will definitely help anyone to become successful not forgetting to add discipline and financial management as it helps to sustain the wealth of any wealthy people on earth.

[justdimin]

It is naive to think that only people with knowledge, education and degrees can make a lot of money and the rest cannot. In theory yes, but in reality, our world doesn't work that way. If we have knowledge but no courage, do not dare to take risks, then do not blame fate that we are not luckier than others. While those who know they are not good but still dare to take risks, step out of their comfort zone and dare to make trade-offs, the results will be completely different.

Not to mention, wealth sometimes comes from relationships, luck...this is not new and there have been many such cases. In short, wealth comes to us in many different ways, there is no single path or formula when it comes to wealth.

But in life, we cannot wait for luck to come to us because there is no guarantee. So instead, try to improve our knowledge, work hard, try to step out of our comfort zone...seek wealth and wealth will come to us.

The difference is that, billionaires could come out of anywhere, you could be a drop out, you could be smart, you could be educated, you could be anything if you just want to be a billionaire, because there are so many things involved about that. But if you just want to have a normal job, and want to live a comfortable life, as in like have a house, wife, two kids, a car, maybe even two, and send them to decent schools until college, that all comes down to a great education.

Harvard guys may not end up being billionaires all the time, but they sure can afford a house sometime during their life, and cars too. This is what we are talking about when we say education, you need to have education to be at that level, it helps at least.

[Adbitco]

Now let dive down..
Attitudes + Knowledge + Skill + Luck is what gives us success towards everything we do, that is why when any of this is missing in a man or in people who are succeeded you would see that it will be hard for them to maintain and sustain it for long time. But anyone who has this in them would find it hard to get back to their previous stage instead would growing exponentially.

From the above things you mentioned, it is very difficult for anyone to succeed in life and business without having them unless that person succeeded through inherited wealth because that is the easiest way some people become rich without having experience in business or good skill but at the long run some people still become broke after inheriting properties as a result of lack of knowledge to channel the resources to produce more sources of income.

Adding the right application to the things will mention will definitely help anyone to become successful not forgetting to add discipline and financial management as it helps to sustain the wealth of any wealthy people on earth.

If I am not mistakingly saying, just checked within and around your state those whom you know to have inherited wealth it could be personal properties and many more, some of them where trained to know how to manage wealth even before such parents leaves a wealth for their children he would know the characters of the children and among all he would give signatory to the one who is more careful and have those characteristics I have outlined above.

So anyone who missed all this would definitely waste those resources immediately after the rightful owner might have joined their ancestors. That is why lots of inherited wealth has been sink down without maintaining them for long run.

[Fortify]

It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.

However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.

This is a good way to frame it and quite accurate in the real world of work. Life is and always has been a struggle, but educating yourself in as many avenues as possible can help you get ahead. Many kids think it is useless, however it's only when you are older you realize how paying attention at school and absorbing all that knowledge can get you ahead in life. If you can learn anything after that point, you should definitely try to read as many financial books as possible and Warren Buffett gives some tremendous advice in all of his annual general meetings. We are very much taught to live in a consumerist world and it's those people that learn to ignore it who will do the best in life.

[GiftedMAN]

Now let dive down..
Attitudes + Knowledge + Skill + Luck is what gives us success towards everything we do, that is why when any of this is missing in a man or in people who are succeeded you would see that it will be hard for them to maintain and sustain it for long time. But anyone who has this in them would find it hard to get back to their previous stage instead would growing exponentially.

From the above things you mentioned, it is very difficult for anyone to succeed in life and business without having them unless that person succeeded through inherited wealth because that is the easiest way some people become rich without having experience in business or good skill but at the long run some people still become broke after inheriting properties as a result of lack of knowledge to channel the resources to produce more sources of income.

Adding the right application to the things will mention will definitely help anyone to become successful not forgetting to add discipline and financial management as it helps to sustain the wealth of any wealthy people on earth.

If I am not mistakingly saying, just checked within and around your state those whom you know to have inherited wealth it could be personal properties and many more, some of them where trained to know how to manage wealth even before such parents leaves a wealth for their children he would know the characters of the children and among all he would give signatory to the one who is more careful and have those characteristics I have outlined above.

So anyone who missed all this would definitely waste those resources immediately after the rightful owner might have joined their ancestors. That is why lots of inherited wealth has been sink down without maintaining them for long run.

Yes you are right, the people who inherited wealth will be trained to know how to continue to run the family business before their parents will leave the family business in their hands even in some cases where the child to inherit the wealth of the family is not grown they normally put the business in the hands of someone else who will teach the child when the parents is no longer available until the child become of age and understand the business very well.

A lot of inherited wealth has been destroyed as a result of poor management, lack of knowledge and discipline it takes someone with good skills in a particular business to be able to run it effectively.

[coolcoinz]

That's a known fact. Getting rich is easier than keeping it. I am not saying getting there itself easy but some people get there pretty fast because they are lucky. Sometimes their grandma dies and they inherit lots of money and then they bet all on intc right before its earnings and boom 30% of that inheritance goes out of the window just like that.

People often dream about the great stuff they would do if they were rich. Most of the time they dream about getting poor again but they don't know that.

Maybe this is true, maybe not, but most people that I know were never rich and probably never will, so getting rich is not that easy. If keeping it is harder than getting it, it's already hard as fuck and can only get harder I wish I was rich and able to test this theory.

That brings us to another problem - relativity. I think I'm not rich, but I realize that to some of my neighbors and friends I am because, for instance, I drive a new car. It's nothing expensive, but it's new, so for some people who drive 10 year old cards, I might look like a rich guy. What is being rich really? Should we look at people close to us, or maybe globally, but what's the point of comparing yourself to someone in a country where average wage is 3 times higher than yours?

[Rockstarguy]

Different principles worked for different men. Naturally, some people are just lucky, or I can say that they are often privileged to have good opportunities at all times. These opportunities make them explore. I remember I read the story of one rich man who said that he was already rich even at the age of fifteen, but then he had no very good knowledge of how to grow the wealth or preserve it. It was in the later year that he developed his knowledge to create more wealth. So, people are different, and the opportunities they get are also different. 

Building wealth from scratch requires a lot of effort, knowledge, luck, hard work, passion, determination, mindset, etc. It doesn't just require your mindset to build wealth from scratch. You might have the mindset to be rich, but it might not come as quickly as you desire. At that point, passion and determination will keep you guided. 

I guess everyone of us here set a goal to be rich, but the problem is, not all of us have given equal opportunities to achieve that goal. While some may struggle to get rich in the process, some are just privileged enough that they can easily get rich even without putting a lot of hardwork and efforts, connections is the key. Accept it or not, it’s not the mindset or the attitude of an individual that will set him to get rich, but having good connections is the trend. And rich people have more connections than the poor ones, that’s why when poor individuals aim to get rich, it may took a lot of years before he will achieve that goal.

I just know in life there is no formula for wealth making which people needs to apply and it will surely bring wealth to people, but still there so many things that needs to be done for one to be able to achieve wealth. The people we meet and habit of reading to expand the knowledge is what can not be kept aside when we think of wealth. If you want to go far in life the people you meet and books you read have a lot to do. Good planning and good management of money is also important in achieving wealth because it is gained by investing money into valueable asset.

The environment can also be a barrier of making dreams come true. Some people have done everything that on normal it suppose to brings value in one's life but the environment is a serious factor whereby there is no opportunity to grab which can lead to financial uplifting. Environmental factors is a serious issue that hinder the dreams of people to come through,  that is why people needs to be observant and have understanding, if the environment is not bringing opportunities that can lead to betterment, the best thing is to change environment.

[Dr.Bitcoin_Strange]

Everyone has the opportunities to gain brightness in the future, it depends on us to take advantage of the opportunities itself by looking and thinking carefully, I am sure with the interests and skills that you have, it is easy to go through it all, although the opportunities for wealth that we get there are challenges that we will encounter.

Some people are surrounded by different good opportunity in life but not everyone has such opportunity and the mistake that some people have made was that they allowed all the good opportunity they had to slip away, while those that only had a small opportunity have become so successful. That's why I said before that success relys on so many factors. Its not about having a bright future or being surrounded by many opportunities, it's about being able to adequately utilize those opportunity.

[serjent05]

That's a known fact. Getting rich is easier than keeping it. I am not saying getting there itself easy but some people get there pretty fast because they are lucky. Sometimes their grandma dies and they inherit lots of money and then they bet all on intc right before its earnings and boom 30% of that inheritance goes out of the window just like that.

People often dream about the great stuff they would do if they were rich. Most of the time they dream about getting poor again but they don't know that.

True that, I have known people who get lucky to be able to inherit millions of dollar but after some years they are back to square one.  It is much harder to maintain wealth than getting it since there is a lucky aspect of gaining wealth while maintaining it requires skills and knowledge which is hard to come by for a person who just got lucky and become wealthy. 

We also see several scenarios like that in the gambling industry where a person hits a jackpot or wins a lottery but later end up worst than before they get that winnings.

On the argument about earning beyond the level of understanding of people, true that even those who lacks knowledge but understand that if he goes with his financial literate friend's strategy, he will gain much wealth than him doing his venture alone.

[Akbarkoe]

Without deeper knowledge about investment and business, it will be very difficult to achieve wealth and success. Because without it, it will be quite easy for someone to sneak in loss and financial trap. And besides that, living in a system that encourages someone to consume and compare it with the lives of others. This could have turned out the focus of the person on long -term goals. Therefore, it is important to stay aware and disciplined so as not to get caught up in the unnecessary expenditure and debt cycles.

And by developing a strong on the way the market, business and investment work, which is not only about the lounge but also about building a solid foundation for long -term growth. When someone is able to create even able to see an opportunity that is not seen by others, then that person has a significant advantage in achieving financial goals.