Stop thinking making money is a bad thing

Making money is honorable because profit requires creating value for others. The speaker contrasts upbringings that encouraged versus discouraged wealth, argues there is no nobility in poverty, and urges viewers to stop feeling guilty about wanting to earn more by increasing productivity and scaling their impact.
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So this video is really meant for people that may have either conscious or subconscious beliefs around how much money they are capable of making and whether making money is a good thing in the first place. So recently I was having this conversation with a friend of mine that runs a company in San Francisco, and we were talking about talking late into the night about this idea of people's experiences growing up and whether they were encouraged to go out and make money or not. And we had very different life experiences and very different takes on this. So it made it very interesting. But essentially, he had grown up in an environment where, you know, his family encouraged making as much money as possible. And even though he came from a I guess a long family heritage of taxi drivers, uh, and most of its aunts and uncles and grandparents had all been taxi drivers, they all supported the idea of making more money and going out there, um, and, uh, improving their wealth over time. Now, in my experience in my life, that has not been the case. And in fact, there were lots of people that I've met or come across in life that don't seem to think that making money is a good thing. They seem to have like this weird association with it. They seem to almost want to discourage it or criticize people that make lots of money. And I'm sure that you've seen this at points in your life. You've seen people criticize billionaires and say the word billionaire almost like a slur, like a curse word itself. And what's really funny is it has this ability to rub off on you and rub off on your psychology. So if this is not you, if that— then this video isn't really relevant to you and you can stop watching. But if this— if you ever have come across something like this, I think this video is very relevant because I think one of the biggest things that I've learned over time is that making money is an honorable thing to do. And there's this really funny scene in Wolf of Wall Street where he talks about this in a way that might not resonate with you, but the point still stands nonetheless. He says, there is no nobility in poverty. And that, that statement is very, very true. And the reason that there is no nobility in poverty is because in order to make money, in order to make a profit, you need to create something and sell it. And that means that unless you're like scamming people, which is realistically not a large percentage of people, and don't just don't do that. Um, uh, if you're selling something and someone's giving you money for it, then they are happily paying. For the service that you are providing, which you are happily providing and ideally making a profit out of. So this whole idea that like making money is a bad thing is, is foundationally stupid. But let's go into it a bit more. So in order to have a happy customer, you need to create something of value. You need to be productive. And humanity has gotten to the point in which we are at today where we have abundance everywhere. We have a surplus of almost every single resource. We have like unlimited, or we each individually have access to almost unlimited everything, or at least more than we could ever possibly consume. I can buy more bananas than I could ever eat in a lifetime. I could drink more Coca-Cola than I ever want to. I can get access to more computers than, than I would ever be able to log on to. And there is just so much of everything. We have this incredible surplus and that surplus has been created as a result, is a multiple order effect of people waking up every single day and creating a new invention or making an improvement to something that already existed. And it didn't need to be the invention of a rocket ship in order to be useful to society. It could be writing a book or making one tiny improvement to a camera. Or changing the way that a process works ever so slightly so that it is more efficient. And in doing that, you have the ability to make money itself. So foundationally, you cannot make money without being useful to everybody else on the planet, or at least some people on the planet. Um, and the more useful you are, the more you have the ability to earn, but the entire, the, I think one of the most beautiful things in life is we have this freedom especially in Western countries, we have this freedom to wake up every single day and make things that are useful to people and then let them pay to use that thing. Um, and that means that you have the ability to make as much money as you possibly can. There is this, uh, there's this like inherent, um, uh, just truth and law to our existence that says if you can think of it and if you can perceive it and you can actually go and do it, then you can be as wealthy as you possibly want. And if you say so, if you are able to think of a solution that is much better and you are able to actually action that and provide it at a big enough scale, you can make unlimited amounts of money. There is, there is no cap on what you are able to earn itself. So this idea that you may not be good enough or you may not, um, uh, making money is bad, or all of these things are completely, completely, completely flawed and you should have no guilt about wanting to make lots of money. Now myself personally, when I was first starting out, like maybe a couple of years before I ever posted my first YouTube video, I almost felt bad admitting the fact that I wanted to buy a helicopter in the future. And I had these audacious materialistic goals, um, that came from a result of having money. And, um, I almost didn't want to say it or admit it and act kind of like this, uh, virtuous philosopher that didn't care about making money, didn't care about his own goals. That is what that had been, what I had— that was what I had been taught through osmosis. That was almost like a bad thing to say out loud and a bad thing to admit to, which is complete and utter BS. So if you, if you have any of that, it's really important to address it and just know that making more money is a noble and honorable thing to do and you should be spending your time doing it. You should like, you should not be coming up with excuses as to why you are not making more money every single month. Or every single year, because if you are not, it means that you are not being productive enough. And it is like, it is a painful thing to admit if you're in that situation, but it is also really, really easy to change. It really is just a matter of spending the time to actually study, learn, take better action, and improve your overall skills in order to be able to be more useful to other people. So if for whatever reason you're not making more money consistently, then take a look in the mirror and understand what it is that you are not doing or not improving within your own life, um, that is causing that situation itself. And if you are making more money every single month, then figure out how you can be even more productive. Figure out what you can do to, to, to 5X or 10X that, because you can have such a great impact on the world if you actually go and, uh, go and spend time focusing on it every single day. Um, getting, getting off your ass, being useful and just generally contributing to this amazing world that we all live in. So that's the video today. I'll be back at some point over the next week or so with, with some more of these takes. Thanks for watching and sorry I haven't been very active.










