Brad Hart breaks down the scale of global wealth, estimating a quadrillion dollars in circulation. He argues that building capacity to solve problems and serve others is how you capture financial opportunity through products, services, or startups.
Chapters
So how much is all the money? Well, that's a great question, but we can kind of make a guess. And this guess is based on a lot of research on my part, and it's probably wrong. I think there's about a quadrillion dollars out there, give or take. That's a million billion dollars that there's so much money in the world. There's so much opportunity in the world. Why not you? Why don't you have the plumbing, if you will, to funnel some of that money towards yourself with products, services, incredible opportunities, venture deals, with startups, whatever it is you're doing, some that you can grow and your capacity to lead, so you can grow in your capacity to serve. The money is the fuel allows all that to happen. There's so much untapped potential in this world because people don't have a great relationship with money. The reality is we need leadership more than ever. What do leaders do? They figure it out. They solve problems. And that will generate value, which will generate money. So focus on your leadership skills, on your capacity to serve, being able to solve specific problems for specific people. And those are going to change over time. But you get better at thinking, which allows you to get better at solving problems.