TLDW: 1. Boil it down then work your way up (make it simple/learn the fundamentals) 2. Take risks, mostly/mainly when odds are in your favor 3. Think critically
The Foundations of Logic: what are the fundamental truths in an arena? Do you have the right proven axioms? (not assumptions) Are they relevant to the question at hand? Are you making the right conclusions based on those axioms? Without violating any of the fundamental laws? eg. Are you conserving momentum energy? If you’re not then you’re probably not gonna be successful. Then reiterating to come closer to the fundamental objective truth
@@havaarifi8656 Yes, but when you allow yourself to bogged down by your conditionals you become the construct of your own misery. There is growth in all obstacles, if you have yet to realize this, that is most likely the reason to why you pity others and yourself. Become your strength and free yourself from your own underpinnings, forgive your past and start to move forward.
The Foundations of Logic: what are the fundamental truths in an arena? Do you have the right proven axioms? (not assumptions) Are they relevant to the question at hand? Are you making the right conclusions based on those axioms? Without violating any of the fundamental laws? eg. Are you conserving momentum energy? If you’re not then you’re probably not gonna be successful. Then reiterating to come closer to the fundamental objective truth
I already own shares of TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less..
Agreed, this is why i now work with one. I’ve been investing by myself in the market for 11 years now, but the last 6 years is with the help of a financial planner. Throughout the 6 years of guidance alone, I've been fortunate enough to 10x my return as a DIY investor, summing up nearly $1.4m roi as of today.
She's known as a 'Angela Lynn Schilling'. One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with and set up an appointment.
It's not 3 rules for learning, it's 2 rules to overcoming a seemingly insurmountable challenge. 1. Reduce it to first principles and 2. Take the risk, especially if odds are in your favor (being the house in gambling).
This is more to do with economies of scale. Building things initially cost money but as you set up mass production the cost goes down. It requires huge overhead cost in forms of building out the infrastructure and human capital (hiring the right people). You also need the right policies in place along with a driven/quick turn around mentality.
@@mk17173n Well it’s a bit more complicated than that. If price of A costs “X” Mass production of it will cost “ X minus something “ What Elon is trying to explain is that “X”needs to be sourced better by each one of us. We assume that X is the correct price for the commodity very often. Without really really doing all the proper research. The cost here will be “Time and Effort” . And these two factors later save you a hell lot.
There’s a humbleness in Elon Musk. He doesn’t come across as arrogant or a know-it-all braggart. Essentially, he’s a soft spoken realist with hyper-intellectual attributes. A meekly super-genius.
Humble? He wasn’t humble when the diver in Thailand said that his idea of using a submarine in the very tight, cramped cave where those boys were stranded was a good idea. A person can barely squeeze through those crevices so how could a submarine work? Musk lashed out at him and called him a ‘pedo guy’ even though he is a happily married man. What’s humble about that? He wasn’t humble when he threw a temper tantrum during the worst viral pandemic in over 100 years was ravaging California. He demanded that his car assembly line remain open endangering the lives of his employees.
I can't believe this word, humbleness is redefined. looks like you have been with him 24/7! I am not a hater of anyone, but against the assumptive and least observatory comments without appropriate understanding of others! Especially if we only understand why the video is created on youtube then we know what to understand from it too!!
Musk is the wealthiest man on Earth now and he’s blasting Biden’s build back better plan which helps millions of Americans improve their lives and creates millions of new jobs and which is actually PAID FOR! He says that republicans should just kill the bill. Every time the republicans are in power they ram through multi $Trillion tax cuts for the top 1/0 of 1% richest Americans which is NOT paid for! The republicans keep simply adding it to the debt! Trump promised to ERASE the national debt and he added $8 Trillion to the debt instead! There’s nothing humble about this man. And he doesn’t even understand what he’s up against with colonizing Mars. He says ‘There’s not much radiation.’ And ‘Radiation is no big deal.’ … Of course radiation is a big deal! Everyone on that one way trip to Mars will be sick with radiation poisoning from the long journey before they even get there! All colonists to Mars will be dead within just 2 years from what I’ve read due to radiation poisoning! Scientists say that his fantasy of exploding nuclear warheads at the Martian Poles to release the CO2 trapped beneath the planet’s surface is silly because there simply isn’t enough CO2 trapped beneath the surface to EVER be able to terraform the planet! Any greenhouse gasses we release on Mars will simply seep out into Space! There’s nothing to hold CO2 or Oxygen close to the planet’s surface! He’s spending $Billions on a Boondoggle that he doesn’t even understand! He says he’s not worried about those things. His job is to just create the technology to get people there and the rest will be figured out by others. That is very naive and definitely not humble. He should humble himself and listen and learn from the experts, those scientists who understand this subject. He’s from South Africa. I wish he’d stop commenting on American politics, another topic he doesn’t understand. Read ‘Humans Will Never Colonize Mars’ which appeared in Gizmodo. Google it.
1: Lie that you are a genius (even if most Dev told you that you wrote spaghetti code like a mad man) 2: Lie that your parents didn't help you (even if mommy gave his son 10k month and daddy exploitation of workers in sub-Saharan Africa with the mines) 3: Lie that you created PayPal, Tesla (how many time this man will ask the government for loan and stimulus? who knows..who knows) 4: Lie that you are a great boss (even though you fired every great Director or CEO , because your ego and narcissism is insane) but 'you' left 'Confinity", i mean fired, i mean...it didn't exist 5: Lie about absolutely any tech "you invented" / reusable rockets at low cost (lel) /Tesla AI drive LvL5 (lel again) can't even reach lvl2 correctly / Dodge Coin (lel) let me abuse my fan for free $$ / Boring Company (could have be use for Train and Metro) but put some LED and a lot of 3D Works to "feel" like it's the future and it will "change" the world, but worst than a normal tunnel / Hyperloop (*cough* Robert H. Goddard ? Boris Weinberg? Vactrain anyone?) 6: Strike as much youtube or video related to the reality for your life so you can sleep better at night. oh hell yeah that man is a "genius" he can't even understand radiation properly nor vacuum but this man will "be the spear or space travel to Mars" fokin lol. The male version of Elizabeth Holmes (Theranos)
Learning on your own is the best way to learn. The education system can't really help you there, even if they wanted to, which is probably the reason he's not so much in favor of collecting degrees. I suppose edu can sort of show you ways, you still need to walk them yourself though. And in our day and age, there's the internet and other means to discover paths the classical edu system would show you.
Like with food. You go to a restaurant and pay for the meal and it costs a certain price. But if you buy the ingredients and make the food yourself the cost drops by a good amount
The advantage is much more than just cheaper price. When you make your own food, you have full control over the ingredients. Many places load their plates with heavily processed junk food having too much salt, sugar, MSG, etc. Remember one awful day when two of us got terribly sick with stomach virus after eating out. Another fast food chain, I suffered from diarrhea.
@@miloudbouzeboudja3210 then you buy a dishwasher or wash the dishes whilst the food is cooking (eg if it’s cooking in the oven) or reuse equipment in the cooking process to reduce the amount of extra dishes to wash
The market crash and high inflation had me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it,Investing is a long-term game, so I will focus on the long run.
Ever since I started working with Trevor James Beckerman I have been monitoring my portfolio performance which is improving from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken in my life
The adviser I'm in touch with is ‘Trevor James Beckerman', he works with Commonwealth Financial Network . Mr Trevor is very unique with his strategies and market approach
@@shawnbechard3680 Which entrepeneur or billionare do you find admirable ? Steve jobs, bill gates ,etc ? And dont you like the spacex mission ? Or you hate the fact that elon is trying to make mars settlement possible? If you already know how the world is fake, what are you doing by yourself that is not fake ?
@Repent to Jesus Christ! Almighty God says: "O People of the Book, do not exceed the limits of devotion in your religion or say anything about God which is not the Truth. Jesus, son of Mary, is only a Messenger of God, His Word, and a spirit from Him whom He conveyed to Mary. So have faith in God and His Messengers. Do not say that there are three gods. It is better for you to stop believing in the Trinity. There is only One God. He is too glorious to give birth to a son. To God belongs all that is in the heavens and the earth. God alone is a Sufficient Guardian for all." Qur'an (4:171) Peace.
This videos title is misleading. This does not teach you how to learn anything, rather it teaches about how to ask lateral questions about a specific topic, and break down the necessary components of its existence and its function. It then proceeds to gauge your understanding of how something functions at its core versus what you have been told about it.
Ehhh, what are you going to do. It is a new age of hero worship. The video is about thinking, but its mistitle is a declaration they didn't think when watching it.
Solving from first principles is not lateral thinking, it's a reasonably direct and straightforward process, unlike lateral thinking. Original thinking does characterise lateral thinking, and yes Elons first principle approach leads to original outcomes, although it is not lateral. Elon is original because, unlike him, people tend to reason through analogy when it comes to things like battery invention costs, resulting in conservative views, not innovative ones. This is a heuristic way to view the world. Infact, in order to think creatively and out of the box, like with lateral thinking, we often reason through analogy, unlike Elon. This may lead to conservative views when it comes to engineering. I hear it all the time "in the 50s they said fusion was only 20 years away, just like they say it is now" if we reason through first principles we might find it is legitimately only 20 years away, unlike the 50s. If we are not solving a problem through direct sequential deduction, we are applying problems to analogous issues, frameworks or narratives. This is not how Elon operates, and this is not how to solve complex economic and engineering problems. Lateral thinking leads to analogous thinking, but does not allow for first principles thinking which elon advocates for.
Elon Musk hasn’t applied any new way of thinking. All startup companies do this and his companies almost failed without additional funding from investors or the government.The credit he should be given is that he gets rid of bureaucracy and promoted quick turn around using 24 hour shifts. His way of thinking is nothing new and is the hallmark of “disruptive” tech companies.
@@b1oZARD if you have enough money then its kinda impossible not to succeed as long as your not as idiot, elon is a successful business man and thats as far as it goes guys like him and Jeff bezos don't deserve any respect
Great video! I thank myself for never giving up even when it was very hard I kept pushing through until I made it out. My advice is that If you do your own investing, have you ever thought whether you should turn things over to a financial advisor? If you have significant assets, you have probably felt anxiety when making choices with your money. Perhaps you sensed that you might make better investing decisions if you knew just a little more and could invest without emotion. If this is the case, consulting a financial advisor makes perfect sense.
John Desmond Heppolette has been a significant step in my financial life journey, providing valuable knowledge, actionable advice, and motivational content. His supportive community has boosted my confidence, work engagement and has inspired me to strive for excellence. His assistance is a secret weapon for great financial growth, and his online presence is a must-see for anyone looking to improve their financial situation.
John Desmond Heppolette, really seem to know this stuff. I found his web-page when I made a google search of his full names, read through his resume, educational background, qualifications and it was really impressive. I left him a note and booked a call session with him..
Thanks for sharing, I just looked him up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.
This is truth. I wanted a cnc machine for woodworking. But they are very expensive. So I figured out how to make one and did just that for a fraction of the price of buying new.
Common logic tells you the way to learn anything is by exposing yourself to it and doing it. Humans learn by doing. Being book smart about a topic does not mean you can actually preform the topic. You learn the semantics of that task by actually doing it. Making mistakes, then learning from those mistakes. Building your knowledge from those mistakes. Simply put, you don't learn to write by thinking about writing. You learn to write by putting the pencil to paper and trying. Thus increasing your ability to learn and master that topic.
Elon, today I saw your book in the bookstore! It's thick and has your beautiful photo on the cover! When will I see my book? It's up to you, dear Elon! Just if you want... You know, my book is amazing!
@@akangkshyadutta5820 its like mind mapping but without taking any notes.. “One bit of advice: it is important to view knowledge as sort of a semantic tree - make sure you understand the fundamental principles, i.e. the trunk and big branches, before you get into the leaves/details or there is nothing for them to hang on to.” - Musk
Essentially, it is How to become an expert in everything and become a person with no form and no content. An ancient African Proverb states: Master yourself, then you will master many things.
It's like... buying paint and a canvas is cheaper than buying a painting. The catch is, you have to learn to paint. That's how I see Elon. He just teaches himself whatever is needed to process the materials and get what he wants to achieve.
Here is a summary of the first principles thinking framework in 10 bullet points: 1. **Break things down to the fundamental truths.** This means understanding the underlying principles of how something works, rather than simply accepting the status quo. 2. **Reason up from there.** Once you understand the fundamental truths, you can start to build your own understanding of something from scratch. 3. **Don't rely on analogy.** Analogy can be useful for learning new things, but it's important to be critical of it. Analogies can be misleading, and they can lead you to miss important differences between two things. 4. **Think in terms of material constituents.** This means breaking things down into their basic components and understanding how those components interact. 5. **Understand the spot market value of materials.** This will help you to understand the true cost of things and to identify opportunities for savings. 6. **Be creative in how you combine materials.** Once you understand the material constituents of something, you can start to think about new and innovative ways to combine them. 7. **Be skeptical of the status quo.** Don't assume that things have to be the way they are. Always be questioning and looking for ways to improve things. 8. **Examine your axioms.** Make sure that you're starting with the right assumptions. 9. **Use logic to connect your ideas.** Make sure that your conclusions are logically supported by your premises. 10. **Consider the range of probable outcomes.** Things are rarely certain, so it's important to think about the different ways that things could play out. Elon Musk uses this framework to solve complex problems, such as reducing the cost of batteries and rockets. He believes that it's the best way to come up with truly innovative solutions.
That's why I always learned faster than my peers. I never needed analogies to understand something but I could just quickly break it down to the basics and try to connect the dots in my own way to make it understandable. I might be considered gifted with intelligence but I just think I was gifted with the ability to think this way early so I was able to make it second nature. I think that's because I was mostly left alone in my childhood which forced me to learn and not be taught. Teaching is terrible, learning is good. When you are taught, you don't think, you just take it in.
I like that the third step, right after knowing the required materials and their costs. Is to produce refined metals and combine them into efficient new batteries. This is why he’ll always be ahead.
The Foundations of Logic: what are the fundamental truths in an arena? Do you have the right proven axioms? (not assumptions) Are they relevant to the question at hand? Are you making the right conclusions based on those axioms? Without violating any of the fundamental laws? eg. Are you conserving momentum energy? If you’re not then you’re probably not gonna be successful. Then reiterating to come closer to the fundamental objective truth
1: Lie that you are a genius (even if most Dev told you that you wrote spaghetti code like a mad man) 2: Lie that your parents didn't help you (even if mommy gave his son 10k month and daddy exploitation of workers in sub-Saharan Africa with the mines) 3: Lie that you created PayPal, Tesla (how many time this man will ask the government for loan and stimulus? who knows..who knows) 4: Lie that you are a great boss (even though you fired every great Director or CEO , because your ego and narcissism is insane) but 'you' left 'Confinity", i mean fired, i mean...it didn't exist 5: Lie about absolutely any tech "you invented" / reusable rockets at low cost (lel) /Tesla AI drive LvL5 (lel again) can't even reach lvl2 correctly / Dodge Coin (lel) let me abuse my fan for free $$ / Boring Company (could have be use for Train and Metro) but put some LED and a lot of 3D Works to "feel" like it's the future and it will "change" the world, but worst than a normal tunnel / Hyperloop (*cough* Robert H. Goddard ? Boris Weinberg? Vactrain anyone?) 6: Strike as much youtube or video related to the reality for your life so you can sleep better at night. oh hell yeah that man is a "genius" he can't even understand radiation properly nor vacuum but this man will "be the spear or space travel to Mars" fokin lol.
Trade with an expert else you will lose all your capital and you will drop off the market The importance of professional mentorship of an expert should be the first step of trading.
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@Jamie Fredrick Mr Fernando C. Arevalo Fx is the best way to go as long as you are talking about binary options and cryptotrading. He's experienced and skilled He's truthful, genuine and reputable He's honest, kind and trustworthy Have invested four times and it came out all successful He is for sure
very useful thank you 1. Boil it down then work your way up (make it simple/learn the fundamentals) 2. Take risks, mostly/mainly when odds are in your favor 3. Think critically
Also I so today in the bookstore some magazines, but I didn't see myself on them, it's disappointing, because I must be on the covers a long time ago! It's not fair...
I began my investment journey at the age of 33, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity..
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
This video is inappropriately titled; Elon is sharing a manufacturing/economics - oriented problem solving method. I'm more interested in three easy steps to become a billionaire.
Read more about him and you will be horrified.Dude has a big ego.He criticizes anyone who does not agree with his views, I used to like him earlier.Now I am not too sure
@@SeptemberChild1835 You mean to say Mecca is a myth...Madinah which is city which ruled the world and great powers like Persian Empire and Roman empires perished under the leadership of muslims is a myth....if you close your eyes and say there is no SUN that means you are pretending to be blind...Read how the great Umar Rz the successor to Prophet PBUH expanded his rule en.wikipedia.org/wiki/Umar
Am self taught in many important technology like the monster era when computers first came in no school train on spot at employment in A Trauma hospital and I personally trained staff of 7 and rolled out the electric typewriters and other internet business and residents installment at top level ect.
@Something Different If you win steadily like the MIT students of Black Jack you represent a problem for the owners and the gov. You must not win the house or they go for you!
Step one have a lot of money. Step two buy a smart person’s idea along with bragging rights to it. Step three it’s my idea I came up with it. Step four I’m really really smart. Step five name everything X. Repeat as necessary.
People are complaining about employee wages and this is the more reasons to start your own business. Even if its something small, make yourself your own ceo... Nevertheless Investments are easiest means to accumulate money .
Hello!! My name is Teresa. I'm 25 yrs old Portuguese and still living in Portugal. At the moment I'm studying more than working. I don't have much money but I'll start investing this month. I wish to gain financial freedom at least 30.
@@jameslucas5009 99% of businesses fails in 5 years. Starting your own business mindset is kind of like play the lottery mindset. The Ball is in your court...
I tried to identify the "first principles" of everything I analysed in consulting. I never needed any additional/professional training in my whole professional life. I went to the trainings to enjoy nice hotels in nice places and to have fun with my colleagues.
I would love a real world example from you, because I'm having trouble wrapping my head around this concept for effective application. I have two degrees, and still I'm missing something! Thanks!
When I want to count a 40 floor building I will get confused 20 times so what I'm doing I'm counting per 4 so it's only 10 numbers floors how do I use this technique by studying
I can add. Amplyfy, regulate, control.. mostly imagination, knowlege, intution, art, and ambition. And also can invent.. both software and hardware. With my ideas and understanding
The Foundations of Logic: what are the fundamental truths in an arena? Do you have the right proven axioms? (not assumptions) Are they relevant to the question at hand? Are you making the right conclusions based on those axioms? Without violating any of the fundamental laws? eg. Are you conserving momentum energy? If you’re not then you’re probably not gonna be successful. Then reiterating to come closer to the fundamental objective truth
The Foundations of Logic: what are the fundamental truths in an arena? Do you have the right proven axioms? (not assumptions) Are they relevant to the question at hand? Are you making the right conclusions based on those axioms? Without violating any of the fundamental laws? eg. Are you conserving momentum energy? If you’re not then you’re probably not gonna be successful. Then reiterating to come closer to the fundamental objective truth
This is kind of like how I wanted to start a hot dog cart business in the hot dog cart cost like $5,000 that I wanted so instead I just built my own basically slapping together a bunch of old pieces of wood so I just bought all the tools which cost a fraction of the price build a hot dog cart that was better for under $200 because I did buy a small trailer to build it on top of. I made the outside look all smooth and pretty and painted it all fancy. then I took it a step further and I even started making my own sausages that were better than the name brand and I could put my own brand name on them. Now I make more money in 1 day on the cart to cover cost of the whole business. People are also fascinated by the side of the cart because it looks so interesting and cool. Next I think I might build a restaurant out of clay from underground hehe. I've already gotten pretty good with making bricks with North Carolina clay. I did the math and I can build the whole restaurant for like $1000. Then plumbing and power will run me like another 1 or 2k. Imma see if I can make it cheaper tho by building it myself.
@@kenal1532 you don't get it. You are already in speculation and not innovation, how would you know that is the most effective way yet it is only one person's way? You're not thinking
@@sandzisonxumalo8685 Here is Rule 4: There is need of a method for finding out the truth. So blind is the curiosity by which mortals are possessed, that they often conduct their minds along unexplored routes, having no reason to hope for success, but merely being willing to risk the experiment of finding whether the truth they seek lies there. As well might a man burning with no unintelligent desire to find treasure, continuously roam the streets, seeking to find something that a passer by might have chanced to drop. This is the way in which most Chemists, many Geometricians, and Philosophers not a few prosecute their studies. I do not deny that sometimes in these wanderings they are lucky enough to find something true. But I do not allow that this argues greater industry on their part, but only better luck. But however that may be, *it were far better never to think of investigating truth at all, than to do so without a method*. For it is very certain that unregulated inquiries and confused reflections of this kind only confound the natural light and blind our mental powers. Those who so become accustomed to walk in darkness weaken their eye-sight so much that afterwards they cannot bear the light of day. This is confirmed by experience; for how often do we not see that those who have never taken to letters, give a sounder and clearer decision about obvious matters than those who have spent all their time in the schools?
I respect what he is saying, but there are some good videos online regarding his plans that seem to contradict he applies these principles in all his plans. Sometimes, we "just have our axe to grind" and run blindly towards them. His ideas about boring tunnels and using rockets as a solution for global transportation DO NOT elegantly map to the way he is presenting the construction of a battery. I also find it damaging, because like with electric cars, they try to hide resource limitations and energy costs behind the manufacture of those components (this is a flaw in economic thinking in general, though it does lead people to be successful in the short-term). Spot prices on resources reflect current limitations and flawed understanding of value by humans in the present, who are working irrationally and on incomplete information. An example is how we hide the true value/cost of water usage and other agricultural products through subsidies. These will NOT be reflected in terms of long-term damage in spot prices. It is why a short-term solution inevitably leads to catastrophic, long-term damage. It is like how we use plastic - we use it, abuse it, then have to find a clever engineering solution to remove it from the ocean. Why not just NOT put it there in the first place? That is the most clever engineering solution to any problem I have ever worked out. I know you can't work out long-term thinking and account for every problem, but having some model of that is a smarter way of thinking. What he is proposing is a short-term way of getting what you want, which is how most of humanity to date has progressed, but it is NOT the problem of the age. I would love to see someone cleverly come up with a way to solve infrastructure problems, not cleverly find ways to go to a desert planet; I can consult with a 5-year old to get that kind of "ingenious insight."
If only you know what the future says, you'll know that indeed cryptocurrency is the future, investing in it now will be the wisest thing to do. Hold!!! And you"'ll thank yourself
How does this whole bitcoin thing works, I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes.
Before teaching others, Musk must learn from his own mistakes, which are several. First of all the inherent one to a rich person: feeling entitle to teach the others.
to be successful in life there must be some vitals game to play by following the link of the rich ones as your mentor and always try to be good with them as your mentor so that you can get to the successful point you are aiming.
@@lenajonas3187 Successfully people don't become that way over-night, what most people are see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
Stock is the oldest online market we have done in the past years, We employ it because of the highest quality services it renders and how successful it is, today we now say crypto currency too, I'm just saying that people should develop the habit of investing.really helpful in life,,,.....
Forex is not a magic, if you don't seek proper advice from an expert you will definitely lose... It's a learning process and will succeed only with proper guidance
If you study enough phenomena, your brain will establish a map of data points on a graph, mathematically. After a while you begin to see response curves forming. After a while after that, you see analogous response curves matching known response curves. Then you may reasonably extrapolate the position of data points that are yet to come. Thusly we may deduce probable outcomes. Underlying all of this is the psychology present of individual participants. This is more variable than the data points themselves, and thusly more complicated to accurately estimate by at least another order of magnitude. It helps if you have learned how to gather accurate data without IT based clues, at a distance, without any personal interaction needed to take place in order to gather that data from specific individuals. Thusly we may learn to navigate certain systems containing people that operate by rules that are known or may be deduced from extensive observation. This is key to defeating large, organized groups of individuals who are not emotionally invested in your success or well-being. This is how I am still alive despite the odds not particularly having been in my favor in the eyes of most for over a decade now. #Ihaveahighschooleducation 💀♠️🎯
Find something to sell that there's a market for that costs alot. Have the abnormal drive to get alot of money at any or nearly any cost. Have the persona or looks and/or salesmanship to convince people of something. Barrow alot of money to get started. Barrow large sums of money. Be able to barrow a great deal of money. Have access to large amounts of money. Be able to get alot of money. Pay to have the work done. Enforce hard labor. Deliver a quality product that isn't junk and charge a boatload of money for it and hope it becomes trendy. Oh, and use the tax loopholes to avoid paying taxes cheating the country out of billions of dollars in tax revenue.
This is one of my favorite channel. It always makes my week complete! 😊 Despite the economic downturn, I still manage to earn $35,000 weekly from my investment of $3,500 ..God bless Expert David Ramsey
I'm a British citizen. Since I started trading with Mr. David Ramsey a year ago, he has shown to be the best and most reliable broker. I heartily advise him.
This is a good approach if you have the capital and infrastructureto begin with. If not, you will have dream a bit smaller or take a riskier gamble because you won't be the house at the beginning
TLDW:
1. Boil it down then work your way up (make it simple/learn the fundamentals)
2. Take risks, mostly/mainly when odds are in your favor
3. Think critically
Nice video👌
#shrisha
#shrishafoundation
Thanks man!
ty
physics
The Foundations of Logic: what are the fundamental truths in an arena? Do you have the right proven axioms? (not assumptions) Are they relevant to the question at hand? Are you making the right conclusions based on those axioms? Without violating any of the fundamental laws? eg. Are you conserving momentum energy? If you’re not then you’re probably not gonna be successful. Then reiterating to come closer to the fundamental objective truth
"When something is important enough, you do it even if the odds are not in your favor." ~ Elon Musk 💪🏻🚀
Elon Musk was privileged. His parents are rich
trolls you 2 can be rich and privileged, just move that body and mind, don't stink and cry all day
@@havaarifi8656 Yes, but when you allow yourself to bogged down by your conditionals you become the construct of your own misery. There is growth in all obstacles, if you have yet to realize this, that is most likely the reason to why you pity others and yourself. Become your strength and free yourself from your own underpinnings, forgive your past and start to move forward.
Also when something is important enough you find a way to schedule it into your day.
@@yaboyjonez9476 exactly!
So
1. Master the basics
2. Learn the process
3. Make an argument
So
1. Steal underwear
2. ....
3. Profit!
@@jamesboulger8705 prisoners don't have that good of a wage...
The Foundations of Logic: what are the fundamental truths in an arena? Do you have the right proven axioms? (not assumptions) Are they relevant to the question at hand? Are you making the right conclusions based on those axioms? Without violating any of the fundamental laws? eg. Are you conserving momentum energy? If you’re not then you’re probably not gonna be successful. Then reiterating to come closer to the fundamental objective truth
@@jamesboulger8705South Park !! 😅
I already own shares of TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less..
Agreed, this is why i now work with one. I’ve been investing by myself in the market for 11 years now, but the last 6 years is with the help of a financial planner. Throughout the 6 years of guidance alone, I've been fortunate enough to 10x my return as a DIY investor, summing up nearly $1.4m roi as of today.
She's known as a 'Angela Lynn Schilling'. One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with and set up an appointment.
Understanding is key. Understand to the lowest part of what you want to do. That is it
It's not 3 rules for learning, it's 2 rules to overcoming a seemingly insurmountable challenge. 1. Reduce it to first principles and 2. Take the risk, especially if odds are in your favor (being the house in gambling).
Critical thinking is a skillset.
You forgot critical thinking
That is a much better summary of what he is saying, thanks!
This is more to do with economies of scale. Building things initially cost money but as you set up mass production the cost goes down. It requires huge overhead cost in forms of building out the infrastructure and human capital (hiring the right people). You also need the right policies in place along with a driven/quick turn around mentality.
@@mk17173n Well it’s a bit more complicated than that.
If price of A costs “X”
Mass production of it will cost “ X minus something “
What Elon is trying to explain is that “X”needs to be sourced better by each one of us. We assume that X is the correct price for the commodity very often. Without really really doing all the proper research. The cost here will be “Time and Effort” . And these two factors later save you a hell lot.
There’s a humbleness in Elon Musk. He doesn’t come across as arrogant or a know-it-all braggart. Essentially, he’s a soft spoken realist with hyper-intellectual attributes. A meekly super-genius.
Humble? He wasn’t humble when the diver in Thailand said that his idea of using a submarine in the very tight, cramped cave where those boys were stranded was a good idea. A person can barely squeeze through those crevices so how could a submarine work? Musk lashed out at him and called him a ‘pedo guy’ even though he is a happily married man. What’s humble about that? He wasn’t humble when he threw a temper tantrum during the worst viral pandemic in over 100 years was ravaging California. He demanded that his car assembly line remain open endangering the lives of his employees.
I can't believe this word, humbleness is redefined. looks like you have been with him 24/7! I am not a hater of anyone, but against the assumptive and least observatory comments without appropriate understanding of others! Especially if we only understand why the video is created on youtube then we know what to understand from it too!!
No he is not
Musk is the wealthiest man on Earth now and he’s blasting Biden’s build back better plan which helps millions of Americans improve their lives and creates millions of new jobs and which is actually PAID FOR! He says that republicans should just kill the bill. Every time the republicans are in power they ram through multi $Trillion tax cuts for the top 1/0 of 1% richest Americans which is NOT paid for! The republicans keep simply adding it to the debt! Trump promised to ERASE the national debt and he added $8 Trillion to the debt instead! There’s nothing humble about this man. And he doesn’t even understand what he’s up against with colonizing Mars. He says ‘There’s not much radiation.’ And ‘Radiation is no big deal.’ … Of course radiation is a big deal! Everyone on that one way trip to Mars will be sick with radiation poisoning from the long journey before they even get there! All colonists to Mars will be dead within just 2 years from what I’ve read due to radiation poisoning! Scientists say that his fantasy of exploding nuclear warheads at the Martian Poles to release the CO2 trapped beneath the planet’s surface is silly because there simply isn’t enough CO2 trapped beneath the surface to EVER be able to terraform the planet! Any greenhouse gasses we release on Mars will simply seep out into Space! There’s nothing to hold CO2 or Oxygen close to the planet’s surface! He’s spending $Billions on a Boondoggle that he doesn’t even understand! He says he’s not worried about those things. His job is to just create the technology to get people there and the rest will be figured out by others. That is very naive and definitely not humble. He should humble himself and listen and learn from the experts, those scientists who understand this subject. He’s from South Africa. I wish he’d stop commenting on American politics, another topic he doesn’t understand. Read ‘Humans Will Never Colonize Mars’ which appeared in Gizmodo. Google it.
1: Lie that you are a genius (even if most Dev told you that you wrote spaghetti code like a mad man)
2: Lie that your parents didn't help you (even if mommy gave his son 10k month and daddy exploitation of workers in sub-Saharan Africa with the mines)
3: Lie that you created PayPal, Tesla (how many time this man will ask the government for loan and stimulus? who knows..who knows)
4: Lie that you are a great boss (even though you fired every great Director or CEO , because your ego and narcissism is insane) but 'you' left 'Confinity", i mean fired, i mean...it didn't exist
5: Lie about absolutely any tech "you invented" / reusable rockets at low cost (lel) /Tesla AI drive LvL5 (lel again) can't even reach lvl2 correctly / Dodge Coin (lel) let me abuse my fan for free $$ / Boring Company (could have be use for Train and Metro) but put some LED and a lot of 3D Works to "feel" like it's the future and it will "change" the world, but worst than a normal tunnel / Hyperloop (*cough* Robert H. Goddard ? Boris Weinberg? Vactrain anyone?)
6: Strike as much youtube or video related to the reality for your life so you can sleep better at night.
oh hell yeah that man is a "genius" he can't even understand radiation properly nor vacuum but this man will "be the spear or space travel to Mars" fokin lol.
The male version of Elizabeth Holmes (Theranos)
Just reading books and learning in your own way is great in its own.
Your comment made me feel energized.🙏
👏Nice video👌
#shrisha
#shrishafoundation
Learning on your own is the best way to learn. The education system can't really help you there, even if they wanted to, which is probably the reason he's not so much in favor of collecting degrees. I suppose edu can sort of show you ways, you still need to walk them yourself though. And in our day and age, there's the internet and other means to discover paths the classical edu system would show you.
Like with food. You go to a restaurant and pay for the meal and it costs a certain price. But if you buy the ingredients and make the food yourself the cost drops by a good amount
This is related to Marx's concept of surplus value. It is like 150 years old, good job.
The advantage is much more than just cheaper price. When you make your own food, you have full control over the ingredients. Many places load their plates with heavily processed junk food having too much salt, sugar, MSG, etc. Remember one awful day when two of us got terribly sick with stomach virus after eating out. Another fast food chain, I suffered from diarrhea.
What about wasting time doing dishes?
@@miloudbouzeboudja3210 then you buy a dishwasher or wash the dishes whilst the food is cooking (eg if it’s cooking in the oven) or reuse equipment in the cooking process to reduce the amount of extra dishes to wash
Not really true, at times you pay less at a restaurant. Because they get products at around the same price as supermarkets.
The market crash and high inflation had me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it,Investing is a long-term game, so I will focus on the long run.
Ever since I started working with Trevor James Beckerman I have been monitoring my portfolio performance which is improving from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken in my life
The adviser I'm in touch with is ‘Trevor James Beckerman', he works with Commonwealth Financial Network . Mr Trevor is very unique with his strategies and market approach
Search his full name
Trevor James Beckerman
You will find his webpage
Basically he’s saying “make your own sh*t, instead of buying it from someone else”
@@shawnbechard3680 There is definitely something to admire him about and people do.
@@shawnbechard3680 Which entrepeneur or billionare do you find admirable ?
Steve jobs, bill gates ,etc ?
And dont you like the spacex mission ?
Or you hate the fact that elon is trying to make mars settlement possible?
If you already know how the world is fake, what are you doing by yourself that is not fake ?
My take is always cut out the middle man and go to source and be the source.
Thanks, he was throwing me off with his big words
@Repent to Jesus Christ! Almighty God says:
"O People of the Book, do not exceed the limits of devotion in your religion or say anything about God which is not the Truth. Jesus, son of Mary, is only a Messenger of God, His Word, and a spirit from Him whom He conveyed to Mary. So have faith in God and His Messengers. Do not say that there are three gods. It is better for you to stop believing in the Trinity. There is only One God. He is too glorious to give birth to a son. To God belongs all that is in the heavens and the earth. God alone is a Sufficient Guardian for all."
Qur'an (4:171)
Peace.
This videos title is misleading. This does not teach you how to learn anything, rather it teaches about how to ask lateral questions about a specific topic, and break down the necessary components of its existence and its function. It then proceeds to gauge your understanding of how something functions at its core versus what you have been told about it.
Ehhh, what are you going to do. It is a new age of hero worship. The video is about thinking, but its mistitle is a declaration they didn't think when watching it.
Solving from first principles is not lateral thinking, it's a reasonably direct and straightforward process, unlike lateral thinking. Original thinking does characterise lateral thinking, and yes Elons first principle approach leads to original outcomes, although it is not lateral. Elon is original because, unlike him, people tend to reason through analogy when it comes to things like battery invention costs, resulting in conservative views, not innovative ones. This is a heuristic way to view the world. Infact, in order to think creatively and out of the box, like with lateral thinking, we often reason through analogy, unlike Elon. This may lead to conservative views when it comes to engineering. I hear it all the time "in the 50s they said fusion was only 20 years away, just like they say it is now" if we reason through first principles we might find it is legitimately only 20 years away, unlike the 50s. If we are not solving a problem through direct sequential deduction, we are applying problems to analogous issues, frameworks or narratives. This is not how Elon operates, and this is not how to solve complex economic and engineering problems. Lateral thinking leads to analogous thinking, but does not allow for first principles thinking which elon advocates for.
So... it kind does teach you to learn anything...
Elon Musk hasn’t applied any new way of thinking. All startup companies do this and his companies almost failed without additional funding from investors or the government.The credit he should be given is that he gets rid of bureaucracy and promoted quick turn around using 24 hour shifts. His way of thinking is nothing new and is the hallmark of “disruptive” tech companies.
That's a bit of a mouthful for a tile though
The way he combines physics (complex) with simplicity while fighting big problems is genius.
That's facts
some people may not like this guy, but let's accept that he's an extraordinarily hard working person
Nah. He just a poser
he literally doesnt work hard at all, hes always been rich so he just pays people to do things for him then takes credit
@@jamieatcheson7710 And you believe that's all it takes?
@@b1oZARD if you have enough money then its kinda impossible not to succeed as long as your not as idiot, elon is a successful business man and thats as far as it goes guys like him and Jeff bezos don't deserve any respect
@@jamieatcheson7710 I put my life on it that if you started where he did that you wouldnt have accomplished anything in comparison
Great video! I thank myself for never giving up even when it was very hard I kept pushing through until I made it out. My advice is that If you do your own investing, have you ever thought whether you should turn things over to a financial advisor? If you have significant assets, you have probably felt anxiety when making choices with your money. Perhaps you sensed that you might make better investing decisions if you knew just a little more and could invest without emotion. If this is the case, consulting a financial advisor makes perfect sense.
John Desmond Heppolette has been a significant step in my financial life journey, providing valuable knowledge, actionable advice, and motivational content. His supportive community has boosted my confidence, work engagement and has inspired me to strive for excellence. His assistance is a secret weapon for great financial growth, and his online presence is a must-see for anyone looking to improve their financial situation.
John Desmond Heppolette, really seem to know this stuff. I found his web-page when I made a google search of his full names, read through his resume, educational background, qualifications and it was really impressive. I left him a note and booked a call session with him..
Absolutely! A financial advisor can help you create a tailored investment plan that aligns well with your unique financial situation and goals.
Thanks for sharing, I just looked him up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.
This is truth. I wanted a cnc machine for woodworking. But they are very expensive. So I figured out how to make one and did just that for a fraction of the price of buying new.
Common logic tells you the way to learn anything is by exposing yourself to it and doing it. Humans learn by doing. Being book smart about a topic does not mean you can actually preform the topic. You learn the semantics of that task by actually doing it. Making mistakes, then learning from those mistakes. Building your knowledge from those mistakes. Simply put, you don't learn to write by thinking about writing. You learn to write by putting the pencil to paper and trying. Thus increasing your ability to learn and master that topic.
Elon, today I saw your book in the bookstore! It's thick and has your beautiful photo on the cover! When will I see my book? It's up to you, dear Elon! Just if you want... You know, my book is amazing!
Investing is buying yourself a better future you don't have to work hard again.
You can say that again.
I have achieved many things in my life since I started investing.
@Daniel Martinez I'm into real estate investing.
Real estate investment is hard, it requires huge amount of initial investment, personal effort and time.
@@andstewart9982 I hate motivational speakers.
1. First principle thinking
2. Self critical analysis
bu he mentioned elsewhere to use mental mindmapping
What mental mind mapping means!?
@@akangkshyadutta5820 its like mind mapping but without taking any notes..
“One bit of advice: it is important to view knowledge as sort of a semantic tree - make sure you understand the fundamental principles, i.e. the trunk and big branches, before you get into the leaves/details or there is nothing for them to hang on to.” - Musk
@@yt-sh wow.. Well said and you mentioned it aptly. Thanks 🌹
@@pppsss5653 welcome
@@yt-sh thank you so much. I think RUclips is deleting the comments. I'm not finding the links you shared, but anyways thank you
Musk is a gift to mankind we need these visionaries to help shape and inspire humanity!
① ⑨ ⑤ ④ ③ ⑤ ④ ③ ⑤ ③ ⑨her trading services are amazing. expert Olivia
① ⑨ ⑤ ④ ③ ⑤ ④ ③ ⑤ ③ ⑨her trading services are amazing. expert Olivia
Essentially, it is How to become an expert in everything and become a person with no form and no content. An ancient African Proverb states: Master yourself, then you will master many things.
It's like... buying paint and a canvas is cheaper than buying a painting. The catch is, you have to learn to paint. That's how I see Elon. He just teaches himself whatever is needed to process the materials and get what he wants to achieve.
That is the best way to explain the man I’ve seen yet. Bravo!
Here is a summary of the first principles thinking framework in 10 bullet points:
1. **Break things down to the fundamental truths.** This means understanding the underlying principles of how something works, rather than simply accepting the status quo.
2. **Reason up from there.** Once you understand the fundamental truths, you can start to build your own understanding of something from scratch.
3. **Don't rely on analogy.** Analogy can be useful for learning new things, but it's important to be critical of it. Analogies can be misleading, and they can lead you to miss important differences between two things.
4. **Think in terms of material constituents.** This means breaking things down into their basic components and understanding how those components interact.
5. **Understand the spot market value of materials.** This will help you to understand the true cost of things and to identify opportunities for savings.
6. **Be creative in how you combine materials.** Once you understand the material constituents of something, you can start to think about new and innovative ways to combine them.
7. **Be skeptical of the status quo.** Don't assume that things have to be the way they are. Always be questioning and looking for ways to improve things.
8. **Examine your axioms.** Make sure that you're starting with the right assumptions.
9. **Use logic to connect your ideas.** Make sure that your conclusions are logically supported by your premises.
10. **Consider the range of probable outcomes.** Things are rarely certain, so it's important to think about the different ways that things could play out.
Elon Musk uses this framework to solve complex problems, such as reducing the cost of batteries and rockets. He believes that it's the best way to come up with truly innovative solutions.
I absolutely love the visuals to explain First Principles analysis. It certainly promotes critical thinking skills to arrive at solutions. Brilliant.
That's why I always learned faster than my peers. I never needed analogies to understand something but I could just quickly break it down to the basics and try to connect the dots in my own way to make it understandable.
I might be considered gifted with intelligence but I just think I was gifted with the ability to think this way early so I was able to make it second nature. I think that's because I was mostly left alone in my childhood which forced me to learn and not be taught. Teaching is terrible, learning is good. When you are taught, you don't think, you just take it in.
@@1tubax What would the world be like without teachers do you think?It's not because of yourself that you can generalize this.
@@tomhighsmith teachers who know how to help others to learn. Not those who try and force cram everything to each student.
Wow, basic economics....The corporations are ripping everybody off, then the politicians are ripping the rest. Simple Math.
Good thing every man isn’t this smart no one would have a job
I like that the third step, right after knowing the required materials and their costs. Is to produce refined metals and combine them into efficient new batteries. This is why he’ll always be ahead.
A lot of the deceptive cost of products is hidden in refinement. I don't see clean energy being used to smelt ore anytime soon.
The Foundations of Logic: what are the fundamental truths in an arena? Do you have the right proven axioms? (not assumptions) Are they relevant to the question at hand? Are you making the right conclusions based on those axioms? Without violating any of the fundamental laws? eg. Are you conserving momentum energy? If you’re not then you’re probably not gonna be successful. Then reiterating to come closer to the fundamental objective truth
He is an extra ordinary man, A genius
Could anyone explain what the last statement at 03:04 "Ideally You're the house,. It ifne to gamble as you as you're the house"?
He’s saying you should be the casino, not the person gambling in the casino. This way the odds are always stacked in your favor.
Elon Musk is a genius, he's way ahead of our time!
@BOB K Totally agree with you, but I was talking about his mere mindset and will.
@BOB K Actually he advocates having more children to prevent population collapse or something like that, don't pretend to know the guy when you don't
@BOB K And he says people don't listen to his warnings that you're supposed to still monitor driving the car its not completely self driving yet
1: Lie that you are a genius (even if most Dev told you that you wrote spaghetti code like a mad man)
2: Lie that your parents didn't help you (even if mommy gave his son 10k month and daddy exploitation of workers in sub-Saharan Africa with the mines)
3: Lie that you created PayPal, Tesla (how many time this man will ask the government for loan and stimulus? who knows..who knows)
4: Lie that you are a great boss (even though you fired every great Director or CEO , because your ego and narcissism is insane) but 'you' left 'Confinity", i mean fired, i mean...it didn't exist
5: Lie about absolutely any tech "you invented" / reusable rockets at low cost (lel) /Tesla AI drive LvL5 (lel again) can't even reach lvl2 correctly / Dodge Coin (lel) let me abuse my fan for free $$ / Boring Company (could have be use for Train and Metro) but put some LED and a lot of 3D Works to "feel" like it's the future and it will "change" the world, but worst than a normal tunnel / Hyperloop (*cough* Robert H. Goddard ? Boris Weinberg? Vactrain anyone?)
6: Strike as much youtube or video related to the reality for your life so you can sleep better at night.
oh hell yeah that man is a "genius" he can't even understand radiation properly nor vacuum but this man will "be the spear or space travel to Mars" fokin lol.
👍👏Nice video👌
#shrisha
#shrishafoundation
Mankind owe gratitudes to this guy
Hi…. Greetings there
Glad to hear from you.
I appreciate your love, care and support ….
Where are you watching from?
Basically, stop buying and start making
nah. you missed the point.
@@dad4378 What's your point of view?
stop buying and start selling
Yeah let’s start building rockets
Trade with an expert else you will lose all your capital and you will drop off the market
The importance of professional mentorship of an expert should be the first step of trading.
Exactly! Investment is the quickest path to financial freedom, Starting early in stock and Crypto marketing is the best way of getting ahead to build wealth, and investing with Mr Fernando C. Arevalo Fx is legit and his method works like magic I keep on earning every single week with his new strategy
@@yahayaglory3468 Wow I'm just shock someone mentioned expert Mr Fernando C. Arevalo Fx i thought I'm the only one trading with him
I think I'm blessed because if not I wouldn't have
met someone who is as spectacular as expert Mr Fernando C. Arevalo Fx
@Jamie Fredrick Mr Fernando C. Arevalo Fx
is the best way to go as long as you are talking about binary options and cryptotrading.
He's experienced and skilled
He's truthful, genuine and reputable
He's honest, kind and trustworthy
Have invested four times and it came out all successful He is for sure
How can I contact sir Fernando
very useful thank you
1. Boil it down then work your way up (make it simple/learn the fundamentals)
2. Take risks, mostly/mainly when odds are in your favor
3. Think critically
You are amazing..love ur videos. Share your vids all the time with my friends that are aspiring traders like myself.
His succes is the amount of faceless team work behind his interviews
And his leadership
Also I so today in the bookstore some magazines, but I didn't see myself on them, it's disappointing, because I must be on the covers a long time ago! It's not fair...
I began my investment journey at the age of 33, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity..
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio..
Do you mind sharing info on the adviser who assisted you? I’m 40 now and would love to grow my stock portfolio and plan my retirement.
This video is inappropriately titled; Elon is sharing a manufacturing/economics - oriented problem solving method. I'm more interested in three easy steps to become a billionaire.
There is none, if you want to be an billionare, solve a billion dollar problem.
@@saugatjarif8272 Yeah it's never that easy
@@cyeknox1322 sure
I appreciated the joke mate.
And thats why you will never become a billionaire. You want things handled to you rather than thinking how to get them.
I would also add: take your time. You will be amazed what can be accomplished without a deadline.
It is one thing to learn a subject matter but another to put it into practice
I could listen to Elon for hours and never be bored❤
Know about life of prophet Muhammad saws... 1000 times better personalities will shape up... Listen Yasir qadhi seerah on RUclips
Read more about him and you will be horrified.Dude has a big ego.He criticizes anyone who does not agree with his views,
I used to like him earlier.Now I am not too sure
@@MdInamullahKhan Muhammad is a myth. Discard superstitions and Embrace Reason! 😃
@@SeptemberChild1835 You mean to say Mecca is a myth...Madinah which is city which ruled the world and great powers like Persian Empire and Roman empires perished under the leadership of muslims is a myth....if you close your eyes and say there is no SUN that means you are pretending to be blind...Read how the great Umar Rz the successor to Prophet PBUH expanded his rule en.wikipedia.org/wiki/Umar
Am self taught in many important technology like the monster era when computers first came in no school train on spot at employment in A Trauma hospital and I personally trained staff of 7 and rolled out the electric typewriters and other internet business and residents installment at top level ect.
Hi…. Greetings there
Glad to hear from you.
I appreciate your love, care and support ….
Where are you watching from?
Omg... He is so intelligent he doesn't complicate things than most people do...
I rarely reduces the playback speed, but for elons motivational videos reducing playback speed is a must
This guy understands life
👍Nice video👌
#shrisha
#shrishafoundation
“It’s fine to gamble as long as you’re the house” 🙏🏻
What does that mean?
@@bhap3345 Has anyone won the Casino? MIT students tried the gov were already chasing them!
@Something Different If you win steadily like the MIT students of Black Jack you represent a problem for the owners and the gov. You must not win the house or they go for you!
Its fine to gamble as long as you're the HOUSE🤝
👏Nice video👌
#shrisha
#shrishafoundation
Any ideas about how to get your electric cars to work in frigid weather?
1. Get funded by GOVT 2. hire ppl to work 2. Make a profit
Step one have a lot of money. Step two buy a smart person’s idea along with bragging rights to it. Step three it’s my idea I came up with it. Step four I’m really really smart. Step five name everything X. Repeat as necessary.
Thanks for your love care and support, it's my pleasure talking to you here, Where are you from??..
People are complaining about employee wages and this is the more reasons to start your own business. Even if its something small, make yourself your own ceo...
Nevertheless Investments are easiest means to accumulate money .
Agreed 💯
I've this mentally hahaha, but not everyone is bred to build a business.
"when something is important enough, you do it even if the odds aren't in your favor."
~Elon Musk🦾🚀
Hello!!
My name is Teresa. I'm 25 yrs old Portuguese and still living in Portugal. At the moment I'm studying more than working.
I don't have much money but I'll start investing this month.
I wish to gain financial freedom at least 30.
@@jameslucas5009 99% of businesses fails in 5 years. Starting your own business mindset is kind of like play the lottery mindset. The Ball is in your court...
I tried to identify the "first principles" of everything I analysed in consulting.
I never needed any additional/professional training in my whole professional life. I went to the trainings to enjoy nice hotels in nice places and to have fun with my colleagues.
I would love a real world example from you, because I'm having trouble wrapping my head around this concept for effective application. I have two degrees, and still I'm missing something! Thanks!
@@starryeyes2067
Banking is not rocket science just accounting.
This insight got me through my consulting life.
@@thedude579🎉😂
This is the guy from our generation that they will put in history books
Hello ,I will introduce you to copytrading with this platform you can make profit upto $ 2.5k weekly depending on your capital
When I want to count a 40 floor building I will get confused 20 times so what I'm doing I'm counting per 4 so it's only 10 numbers floors how do I use this technique by studying
Sir Elon Musk deserve Nobel Prize.
I can add. Amplyfy, regulate, control.. mostly imagination, knowlege, intution, art, and ambition.
And also can invent.. both software and hardware. With my ideas and understanding
1) knowing the basics
2) analyze how did we got the basic
3) testing the basics (principal)
The Foundations of Logic: what are the fundamental truths in an arena? Do you have the right proven axioms? (not assumptions) Are they relevant to the question at hand? Are you making the right conclusions based on those axioms? Without violating any of the fundamental laws? eg. Are you conserving momentum energy? If you’re not then you’re probably not gonna be successful. Then reiterating to come closer to the fundamental objective truth
Elon, has made so much advancement in space exploration. Beautiful and brilliant mind‼️ ✨️ 🚀🚀🚀
1. Be a super-genius. 2. Sleep four hours per day. 3. Have the natural drive and stamina to do nothing but work.
Elon always makes interesting points on the subject!
👌Nice video
#shrisha
#shrishafoundation
The Foundations of Logic: what are the fundamental truths in an arena? Do you have the right proven axioms? (not assumptions) Are they relevant to the question at hand? Are you making the right conclusions based on those axioms? Without violating any of the fundamental laws? eg. Are you conserving momentum energy? If you’re not then you’re probably not gonna be successful. Then reiterating to come closer to the fundamental objective truth
Elon musk
Good man of era🤗
Thanks for your love care and support, it's my pleasure talking to you here, Where are you from?
Your experience is your best teacher generally
I don't buy magazines because I'm not on the cover, you know, if I will be on the cover then I immediately will buy it
This is kind of like how I wanted to start a hot dog cart business in the hot dog cart cost like $5,000 that I wanted so instead I just built my own basically slapping together a bunch of old pieces of wood so I just bought all the tools which cost a fraction of the price build a hot dog cart that was better for under $200 because I did buy a small trailer to build it on top of. I made the outside look all smooth and pretty and painted it all fancy. then I took it a step further and I even started making my own sausages that were better than the name brand and I could put my own brand name on them. Now I make more money in 1 day on the cart to cover cost of the whole business. People are also fascinated by the side of the cart because it looks so interesting and cool. Next I think I might build a restaurant out of clay from underground hehe. I've already gotten pretty good with making bricks with North Carolina clay. I did the math and I can build the whole restaurant for like $1000. Then plumbing and power will run me like another 1 or 2k. Imma see if I can make it cheaper tho by building it myself.
Amazing
That's the way to do It! Good luck with your restaurant.
Confidence and memory is very important to get success anything
Thank you sir, from your fan in Thailand.
Hi…. Greetings there
Glad to hear from you.
I appreciate your love, care and support ….
Where are you watching from?
Just understand/analysis everything from the basic principles. The *Roots*
It's alright to gamble, as along you are the house. Wow. I get it.
👏Nice video👌
#shrisha
#shrishafoundation
This is one of the best advise I have gotten so far
👍Nice video👌
#shrisha
#shrishafoundation
The most fundamental way to think is why should a battery be in only that composition and design, what is a battery?
maybe its the most effective way, to save energy... until now
so they and us (also if u and i want) can do RnD, research and development
@@kenal1532 you don't get it. You are already in speculation and not innovation, how would you know that is the most effective way yet it is only one person's way? You're not thinking
@@eastafrika728 if you abstract too much, you wont be able to calculate the probabilities anymore, essentially stopping you from making fast progress
@@lucaorbke2278 fast progress? You are back to impulsiveness, I'm trying to get you to think outside of your programming for someone else's concept.
@@eastafrika728 but if you have batteries with other shapes, it won't fit. It wouldn't even be useful.
I love Elons advise x
So basically discredit/lower the value of the knowledge used to make something, or use free labor and then automatically it's much cheaper.
👏Nice video👌
#shrisha
#shrishafoundation
My hero the one and only Sir Elon Musk
👍Nice video👌
#shrisha
#shrishafoundation
Amazing!
First principles where does it leeds to is next step thinking
Breaking things down to their simplest elements and working from there is straight Descartes!
What does straight Descartes means?
@@sandzisonxumalo8685 Here is Rule 4: There is need of a method for finding out the truth.
So blind is the curiosity by which mortals are possessed, that they often conduct their minds along unexplored routes, having no reason to hope for success, but merely being willing to risk the experiment of finding whether the truth they seek lies there. As well might a man burning with no unintelligent desire to find treasure, continuously roam the streets, seeking to find something that a passer by might have chanced to drop. This is the way in which most Chemists, many Geometricians, and Philosophers not a few prosecute their studies. I do not deny that sometimes in these wanderings they are lucky enough to find something true. But I do not allow that this argues greater industry on their part, but only better luck. But however that may be, *it were far better never to think of investigating truth at all, than to do so without a method*. For it is very certain that unregulated inquiries and confused reflections of this kind only confound the natural light and blind our mental powers. Those who so become accustomed to walk in darkness weaken their eye-sight so much that afterwards they cannot bear the light of day. This is confirmed by experience; for how often do we not see that those who have never taken to letters, give a sounder and clearer decision about obvious matters than those who have spent all their time in the schools?
Boss hiyoo machine etr tunaweza kutumia kuzaa sheyaz zetuu ndio nilikwambia mtumee yule mremboo nipee fomular tusiuzee shetazz harak bilayakufahesabuu ndio
I'm beginning to like you Elon.... the more I hear you,♥️♥️♥️.. you got to rethink the rocket project , look round not at it....... Perth Australia
I respect what he is saying, but there are some good videos online regarding his plans that seem to contradict he applies these principles in all his plans. Sometimes, we "just have our axe to grind" and run blindly towards them. His ideas about boring tunnels and using rockets as a solution for global transportation DO NOT elegantly map to the way he is presenting the construction of a battery. I also find it damaging, because like with electric cars, they try to hide resource limitations and energy costs behind the manufacture of those components (this is a flaw in economic thinking in general, though it does lead people to be successful in the short-term). Spot prices on resources reflect current limitations and flawed understanding of value by humans in the present, who are working irrationally and on incomplete information. An example is how we hide the true value/cost of water usage and other agricultural products through subsidies. These will NOT be reflected in terms of long-term damage in spot prices. It is why a short-term solution inevitably leads to catastrophic, long-term damage. It is like how we use plastic - we use it, abuse it, then have to find a clever engineering solution to remove it from the ocean. Why not just NOT put it there in the first place? That is the most clever engineering solution to any problem I have ever worked out. I know you can't work out long-term thinking and account for every problem, but having some model of that is a smarter way of thinking. What he is proposing is a short-term way of getting what you want, which is how most of humanity to date has progressed, but it is NOT the problem of the age. I would love to see someone cleverly come up with a way to solve infrastructure problems, not cleverly find ways to go to a desert planet; I can consult with a 5-year old to get that kind of "ingenious insight."
If only you know what the future says, you'll know that indeed cryptocurrency is the future, investing in it now will be the wisest thing to do. Hold!!! And you"'ll thank yourself
Exactly, at the moment bitcoin is the best and profitable coin to buy and invest in.
Crypto trading is very profitable when you trade well.
How does this whole bitcoin thing works, I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes.
Just bought $10k Ethereum and $30k bitcoin with the recent dump in crypto I was told it's the right time to buy and get ready for a skyrocket.
@Steve Eva
Before teaching others, Musk must learn from his own mistakes, which are several. First of all the inherent one to a rich person: feeling entitle to teach the others.
Opening quote, our politician have all the answers 😀
👍Nice video👌
#shrisha
#shrishafoundation
Just intro quote is amazing and i still havent watched the full video yet. Gonna be a good one
Elon really is almost an expert at anything!
You are propping him too high up on a pedestal.
@@Donkeybone10 he deserves more
My number one rule for being the best of the best is don’t do things you suck at
You can become anything in this world so choose wisely.
What did I miss? Where were these three rules mentioned in the title of this video?
INVESTING IN FOREX/ CRYPTO NOW SHOULD BE IN EVERY WISE INDIVIDUAL'S LIST, IN SOME MONTHS TIME YOU WILL BE ECSTATIC WITH THE DECISION YOU MADE TODAY.
to be successful in life there must be some vitals game to play by following the link of the rich ones as your mentor and always try to be good with them as your mentor so that you can get to the successful point you are aiming.
@@lenajonas3187 That’s the fact sir.
@@lenajonas3187 Successfully people don't become that way over-night, what most people are see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
Most times having knowledge or insight a particular activity can as well be a best exercise.
I can boldly say that forex is one of the pro-fitable money ex-change services that elevates investors and their financial status
Elon is Keanu in the world of business and science
Stock is the oldest online market we have done in the past years, We employ it because of the highest quality services it renders and how successful it is, today we now say crypto currency too, I'm just saying that people should develop the habit of investing.really helpful in life,,,.....
Forex is a good market to rise your finance at a steady growth, you need a proper understanding and good strategy to become successful
The forex market is by far the biggest and most popular market in the world, traded globally by number of individuals and organizations
Forex is not a magic, if you don't seek proper advice from an expert you will definitely lose... It's a learning process and will succeed only with proper guidance
Can one actually trade alone depending on his self skill, tried to doing that but made a lot of loss
@@damietegillis9267 It's crystal clear why most people lavish in poverty due to ignorance
If you study enough phenomena, your brain will establish a map of data points on a graph, mathematically.
After a while you begin to see response curves forming.
After a while after that, you see analogous response curves matching known response curves.
Then you may reasonably extrapolate the position of data points that are yet to come.
Thusly we may deduce probable outcomes.
Underlying all of this is the psychology present of individual participants.
This is more variable than the data points themselves, and thusly more complicated to accurately estimate by at least another order of magnitude.
It helps if you have learned how to gather accurate data without IT based clues, at a distance, without any personal interaction needed to take place in order to gather that data from specific individuals.
Thusly we may learn to navigate certain systems containing people that operate by rules that are known or may be deduced from extensive observation.
This is key to defeating large, organized groups of individuals who are not emotionally invested in your success or well-being.
This is how I am still alive despite the odds not particularly having been in my favor in the eyes of most for over a decade now.
#Ihaveahighschooleducation
💀♠️🎯
Good packaging of information!
Find something to sell that there's a market for that costs alot. Have the abnormal drive to get alot of money at any or nearly any cost. Have the persona or looks and/or salesmanship to convince people of something. Barrow alot of money to get started. Barrow large sums of money. Be able to barrow a great deal of money. Have access to large amounts of money. Be able to get alot of money. Pay to have the work done. Enforce hard labor. Deliver a quality product that isn't junk and charge a boatload of money for it and hope it becomes trendy. Oh, and use the tax loopholes to avoid paying taxes cheating the country out of billions of dollars in tax revenue.
🤣 Besides everything, Elon is just a natural born genius.
True! He stutters so much. Can tell his mind is flooded wit ideas
@@mantaanafm I stutter and I barely have an average iq. The stuttering has nothing do with his intellect
Everyone naturally born genius u have to be just confident and work on things.
How can i acces the internet out .
This is one of my favorite channel. It always makes my week complete! 😊 Despite the economic downturn, I still manage to earn $35,000 weekly from my investment of $3,500 ..God bless Expert David Ramsey
HOW! I would really appreciate if you show me how to go about it. Please can you list the platforms?
He's so amazing i still cannot believe one can be this exceptional when it comes to Bitcoin activities
I'm a British citizen. Since I started trading with Mr. David Ramsey a year ago, he has shown to be the best and most reliable broker. I heartily advise him.
He's a great personality in the state 🇺🇸 I'm also earning from him.
I made a lot from last week, a vision of the effective signals alone assured me of the turnovers. all thanks to Mr David Ramsey
“Any fool can know. The point is to understand.”
Albert Einstein
This is a good approach if you have the capital and infrastructureto begin with. If not, you will have dream a bit smaller or take a riskier gamble because you won't be the house at the beginning
now if only he could apply first principles to being a father / husband lol xD
So what's the rule?
Elon Musk is a master of none