🔑Passion is the byproduct of competence; focus on finding and honing your superpower.
💼Working for others is an opportunity to learn valuable skills; don't take it for granted.
💡Nurture relationships and build your personal brand; social capital is important.
📈Get promoted within the company to gain a better perspective and move up the ladder.
💰Instead of starting a business, consider buying one to increase your chances of success.
Why is starting a business hard?
—Many businesses fail within the first few years due to various challenges and risks.
What is a superpower?
—A superpower refers to your natural talents and skills that you excel at.
Why is social capital important?
—Social capital, built through relationships and personal branding, can open doors and provide opportunities.
How does getting promoted help in building wealth?
—Promotions allow you to gain a higher position and a better understanding of the business, increasing your earning potential.
Why is buying a business a better option?
—Buying a business reduces the risks associated with starting one from scratch, increasing the chances of success.
00:00Starting a business is hard; there's a better way to build wealth.
02:20Identify and develop your superpower - your natural talents and skills.
04:46Get a job and learn valuable skills instead of starting your own business.
07:56Nurture relationships and build your personal brand for social capital.
09:33Get promoted within the company to gain a better perspective and increase your earning potential.
11:20Consider buying a business instead of starting one to increase your chances of success.
