Thread by @SteveOnSpeed

11 uncomfortable truths about life I wish I had known at 20.

//THREAD//

1. It's EASY to look good.

▫ Show up
▫ Act like you belong
▫ Speak confidently

This opens opportunities.
All you need to do is take them.

2. Risk builds wealth.

▫ Real estate
▫ Stock market
▫ Cryptocurrencies

Or:

▫ A new job
▫ Moving overseas
▫ Going back to school

To build wealth, put your money at risk.
To build character, put yourself at risk.

3. The vast majority of millionaires are self-made.

Fidelity found that close to 90% of millionaires never inherited their wealth.

They earned it.

Assuming all millionaires are lucky or evil will make it tougher for YOU to build wealth. And, you sound idiotic.

Stop it.

4. Your office competition is weak.

▫ 60% are dead weight; unpromotable
▫ 35% barely do their damn jobs
▫ 5% are high performers

If you smile, show up every day and do your job, you're already well ahead of 95% of your peers.

5. Your potential doesn't matter.

The world only cares about what you've done.

▫ show results
▫ speak in actions

Accomplishments will make you successful.

6. Most don't understand money.

Your friends want to "get rich", but for the wrong reason.

They want money to SPEND, not to build wealth.

NEVER make a big financial decision just because your friends are doing it.

The Joneses are broke.

7: Most people are self-absorbed.

And, this is why we shouldn't give a shit what they think about us.

They aren't thinking about you. Ever.

▫ That Rolex watch you wear
▫ The degree you have
▫ The BMW you drive

People aren't discussing you at their dinner tables.

8. Providing for your family is more important than your BMW.

Cars don't put food on the dinner table.
They don't pay the mortgage on your home, either.

Your #1 job is to provide for your family, period.

If the car is getting in the way, sell it. Now.

9. We don't value free things.

Everybody wants free shit, but we don't value it as much.

Without skin in the game, people will lose interest.

Never give away:

▫ your time
▫ your eBook
▫ your secrets

When you do, they become worthless.

10. Your need to be "right" kills your future.

Your focus on being "right" all the time is making you closed-minded and ignorant.

99% of the time, it doesn't make a difference whether you're right.

It matters whether the *majority* is wrong.

11. Happiness is a skill.

For 99% of us, we choose to be happy. Or angry. Or sad. It becomes a part of who we are.

We can't always control what happens to us, but we can control our reactions.

Choose to be happy.

It takes me a long time to write these threads. If you liked this one, please consider RTing the first tweet in the thread so others can see it.

It helps me.
And, it helps them.

You can be wealthier than you ever imagined.

My 5-week email Bootcamp will make you money smart by teaching you how to think about money in a crazy, but lucrative, new way.

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steveadcock.us/relearn/