Main Hype / Dev. Thread - The New Ecstasy of Gold (2024)

A lazy person brings poverty on himself, whereas a hardworking person has a much better likelihood of being successful. The contrast here is between laziness and persistence. It consistently recommends diligent work and warns against laziness. Like the subs it needs some action to work.

It does not insult the working poor at all.

Laziness travels so slowly, that poverty soon overtakes him.

Hard work makes you more determined, responsible and mature.

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My parents are the hardest working people I know. And they would be now poor if I didn’t change their trajectory.

It’s about working smart. Understanding how to create more value. Disconnecting your efforts from time.

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I genuinly beleive there is a misunderstanding between two parties here.
What does hard work mean, what does smart work mean.
In my opinion they are the same thing, if you are unfocused in your job, that but do your daily routine non-stop. I don’t think that’s working hard. Because it lacks the growth mindset.
Even an ordinary person when he starts a carpenter shop for example, there is a learning curve. Even if he’s unfocused and a mediocre guy. He will gain some insights on how to be more productive, it is just human nature. But I would not call that guy a hardworking guy if he works 14 hours for another person while lacking the focus to discern that he is getting a very small cut of the money. Unfocused people like this are commonly not skilled at their job, lack of focus.
So focus is important,
Nobody can work more and precise than robots in Apple and Tesla, but they don’t have that “focus” hence they don’t even get paid. But imagine after AI is implemented in these machines and they start to have human characteristics, they will demand.

Nobody’s entitled to wealth based on their character traits.

Hard working people fail sometimes. Lazy people succeed sometimes.

Wealth is a reward for the work you created, not a reward for creating work.

New EoG will help people say that because nobody is entitled to wealth, that wealth is something to be treasured in your own life and respected in others.

Also, it’ll get people to stop thinking that life is unfair and that they “shouldn’t have to do XYZ” in order to become wealthy.

People will love wealth on a deep level, and fall in love with the art of making the world a better place and getting paid in proportion to that

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Wealth should be earned through actions and efforts rather than inherent qualities or traits. This viewpoint aligns with the idea that hard work, opportunity, and sometimes luck play significant roles in achieving financial success.

…God reminds us that he is the one who gives the gift and ability to create wealth.
Rich has traits that are more conscientious, more open to experience, and more extraverted.

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How did you change their trajectory?

Meaning you aren’t being paid by the hour?

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Thinking more and more for new EOG
the value and focus on having people free and set for life. This doesn’t just mean a windfall, it could mean building a company that sells, it could be mean incredible position and great salary, it could mean a creative pursuit getting monetized, but something where everything contributes to the ones freedom, abundance, and being at choice in life.

like BIG goal, but manifested daily towards huge quick steps towards this.

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As Hoppa said, it’s about creating Value.
The time you invest to create a certain value isn’t something people pay for, but the value you create.

I make leather hats for a hobby. Depending on the model I need at least ten hours to make one.
Everything done by hand. Cutting, punching holes, sewing, etc.
With minimum wage and material that would equal 200€ for a hat.
So let’s say people are agreeing that that’s the value of the hat and I find 10 people willing to pay 200€ for a hat, that makes 2000€.
If I invest half of this in new tools like an full auto whole punch I am able to reduce production time by half, I can make 20 hats in the same time.
If I can sell them for the same amount, I’ve doubled my income.
Next I invest 1000€ in a laser cutter. And Now I can make 25 hats.

Step by step, I disconnected the effort I put in from the time I put in.

People are paying for the value I created. Not the time I put in.

Same applies to coding. Let’s say someone offers you 10k to write a Programm for a special purpose in his business.
So you agree to deliver the program in 3 months for 10k.
If you deliver the program in three months and it’s working, you delivered the value he desired.
He doesn’t need to know if you worked 80h/ week because you’re knew to this kind of software or you you wrote the code in just a week because you are a master of your craft.

Working time doesn’t define value.

What others are willing to pay defines value.

The whole stock exchange is built upon this.

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By getting rich

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That’s entirely a belief system you’ve got there. If that’s how you want to live life that’s fine. But just know others aren’t beholden to those rules and there are individuals out there reaping the rewards for 75% less hard work. Life isn’t an equal playing field where hard workers make it to the top.

Can’t wait for this to droppppppp! Can i beta test?

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It was really nice to convey on what we experienced listening on those titles.

In the beginning I don’t have clear goals, I was just skimming, and looking what I become right now - I simply cannot find the right words to say it.

Yes maybe for some, it could not be described as hard work, as I was amazed and enjoyed the experienced.

Among other titles, I’m looking forward to restarting my journey with the new EoG. Thanks for making this SC.

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Money does not exist in a vacuum. Making money is all about - “Money exchanging hands.”

Ultimately- “Leverage”, “Earning with the Mind” & “Making Money While You Are Sleeping” are the key beliefs to make extreme money.

You can apply these to the examples above or any other examples to get an idea of why someone is able to make far more money than most people, while some aren’t.

Again, some can / are able to change their beliefs. While others aren’t.

Totally depends on circumstance, one’s willingness and attitude. Personally, not a big fan of blanket statements.

Hardworking for example a necessary condition, not a sufficient condition.

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Hardworking is a necessary condition, that’s true but most people forget that you don’t have to be one doing the hard work. It just needs to be done, whether you do it yourself, hire someone or outsource it.

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Of course. What you’re saying fits into “Leverage”.

——

The entire process of hiring too requires work. Even if you outsource most things, you still can’t outsource the core of the wealth creation.

This is not about a play on definitions, you will have to work at / on something in any venture.

To set a business up on auto-pilot, does require hard work on your behalf.

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I see the core of work creation as the smart work, not the hard work. Of course you can’t and shouldn’t outsource the smart work.

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And, that fits into “Earn with your mind” not with your time :wink:

I agree, when you utilise your mind to create something, it has a very high chance of being unique and scalable. Think Patents to Video Products.

When it’s purely hard work, it’s often that people could replace you and do the same work.

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I even think product launch and marketing. You should be the brain behind the project or build a team of smart people but you’re not the one out there hanging billbooards, distributing t-shirts, going door to door or sitting in the booth at tradeshows and so on. You pay people to do the hardwork.

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