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If You're Just Starting Out

Name: If You're Just Starting Out
Uploaded: 2024-10-14T14:00:51+00:00
Duration: 23 s
Channel: Shanli Liu, CPA, CTP
Description: In this brief motivational monologue, the speaker emphasizes that when you are just beginning a career or venture, you typically lack money, reputation…

14 Oct 2024 · 0 min

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0:23

In this brief motivational monologue, the speaker emphasizes that when you are just beginning a career or venture, you typically lack money, reputation, status, past successes, and leverage. The only abundant resources you possess are your energy and time. Since these diminish as you age, you should trade your current energy and time for the assets you desire—such as reputation, money, and leverage—so that you can later trade those new assets for further growth. The core message is to recognize and capitalize on the limited resource of time and energy as the foundation for future success.

You have no money, you have no reputation, you have no status, you have no past success, you have no leverage. Everything that you have to give right now is the one thing that you have the most of, which is energy and time. And as you get older, you have less energy and you have less time. And so you trade the things you have now for the things that you want. And later, when you have some of those things, you'll be able to trade some of those too. But you don't have any of those yet, and so you have to just trade the one thing you've got.