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  • How much wealth is controlled by millionaires all across the globe?

  • The number is pretty surprising and unimaginable.

  • 173.3 trillion dollars according to Credit-Suisse.

  • The US GDP is almost 21 trillion dollars.

  • That's like more than 8 United States combined.

  • If you can't get your head around it, listen to this.

  • 83.9% of the world's wealth is owned by the top 10% richest people.

  • That really shows how unequal the world is.

  • Despite all the technological advancements that we have made, the vast majority of the

  • world's population still lives pretty poorly, and only a tiny percentage enjoys all the

  • pleasures that life has to offer.

  • Because the bottom half of the wealth pyramid manages 1.4% of global wealth.

  • While these numbers seem absurd, the reality is that equality is impossible to achieve

  • because, at the end of the day, you cant reward two people equally where one works hard while

  • the other doesn't.

  • Of course, there are also other factors that play an important role such as luck, talent,

  • and so on.

  • However, being at the top of the wealth primed requires a lot of luck, and that's not what

  • I think.

  • If you ask any billionaire, that's what they will tell you.

  • Take, an example, tech billionaires.

  • Back in the 1990s and 2000s, there were thousands of tech companies and only a few of them survived

  • and made it to the top and it wasn't because they were smarter or worked harder but rather

  • because their ideas matched with the future of tech or they found an investor before the

  • 2000s crash like amazon did.

  • No one knew when this crash will happen or how exactly the future of the internet would

  • look like.

  • As they say, “Luck is what happens when preparation meets opportunity.”

  • However, you don't have to be a billionaire to experience life's greatest pleasures.

  • It takes way less than that.

  • But even earning or, most importantly, saving a million dollars takes an effort, especially

  • if it's your first million dollars.

  • It takes years of commitment and dedication.

  • But people still keep looking for shortcuts.

  • The good news is that there are shortcuts, they are called productive habits because

  • they are not difficult to develop, but they will certainly lead you to financial independence.

  • But why do we want to become financially free?

  • What is the ultimate goal?

  • The answer should be obvious.

  • Making money for the sake of money isn't smart.

  • It can be fun, but most people find meaning in making the world a better place or building

  • a loving family, or creating products or services that make our lives better.

  • So eventually, we want to become financially free to have the time to do what we want.

  • That's why it's extremely important to be as productive as possible, because the more

  • productive you are, the more time you are going to have since you are taking the best

  • possible advantage out of every passing out.

  • So here are 5 productivity habits that I personally follow, and you should too if you are serious

  • about becoming financially independent.

  • But before we do that, make sure to give this video a thumbs up, and and lets start with

  • the first one.

  • 1.

  • mental toughness a wise man once said: it's not about what

  • happens to you, but rather its about you react to it.

  • It sounds a bit vague, but there is truth to it.

  • Its probably one of the best pieces of advise I have ever received.

  • What's operates at a successful person from a non-successful person is that one has the

  • mental toughness to put his mind and do things that are tough instead of just giving up and

  • saying that I don't feel like doing that.

  • Have you heard about that you need 10,000 hours to Master something.

  • On your way to Master any craft, you're going to get bored, you're going to get tired, you're

  • going to get exhausted.

  • The people who are going to make it to the end are the ones who have the mental toughness

  • to keep moving no matter what!

  • Mental toughness is more like a habit.

  • If you quit once, it is going to turn into a habit, so whatever you do, you keep quitting

  • on your way.

  • Haven't you seen people who jump from one thing to another trying one thing for a few

  • months it doesn't work, the excitement goes away, so they move to another thing and they

  • do that for a few months and they say that it's not for them so they move to a third

  • thing, and then they find themselves too old.

  • What do you want to develop in yourself is this mentality that it is not about what happens

  • around you but how you look at it Jordan Peterson says life is a misery it is

  • always going to throw at you all sorts of problems.

  • It's unpredictable, and everything is possible.

  • You might end up losing your job.

  • You can end in the streets.

  • The closest people will leave you, and the challenge is to have the mental toughness

  • not to break down and keep moving.

  • 2.

  • learn how to delegate What most people realize too late is that

  • they cant go far alone.

  • There is just so much time and energy you have in a day.

  • You can't chop yourself in half and do the job of two people, leave alone the job of

  • a hundred people.

  • But at the same time, great things are usually done by more than 1 person.

  • We all know that Steve Jobs was behind the success of Apple, but if you take a look at

  • what actually happened, it was Johny I've who came to jobs with the idea of touch screen

  • and if it wasn't for the entire team of designers at Apple, iPhone would have never

  • come to be.

  • The point is, the more you want to achieve, the bigger the team you need.

  • that's why you need to master the art of delegation.

  • Anything that can be done by someone else should be delegated because you should only

  • focus on the creative part that no one else can do.

  • In fact, if you can even delegate the creative part as well.

  • Then congrats!

  • You have built an amazing business that works without you!

  • Its a dream come true!

  • Its the ultimate level of financial independence.

  • 3.

  • being able to accept criticism

  • Everyone likes when people praise them.

  • It makes you feel great, special and you love the people who praise you.

  • But the problem with praising is that it doesn't necessarily help except giving you a momentary

  • great feeling.

  • Don't get me wrong, its great to be praised, but what is better is when people criticize

  • you because that's when you know your flows and when you know your flows, you know how

  • to fix them and get better.

  • While when you are praised, you don't get to know what you should be working on.

  • Take this video.

  • If I ask my friends what they think about it, if one of them would tell me it's great,

  • i am going to post it the way it is, while when the other would say that the audio, for

  • example, could be better or this or that part is unnecessary, then I can fix it and improve

  • the quality of the video which means you are going to enjoy it more, which means the youtube

  • is going to promote it more often and so on and so forth.

  • The only problem is that most people hate criticism, and they get angry when you tell

  • them what they are doing wrong.

  • So if you want to become financially free, learn how to see the value of criticism.

  • Make it a habit to be comfortable when you are being criticized.

  • Don't ever get emotional and try to look at it from the perspective of the person that's

  • criticizing you.

  • 4.

  • self-reliance

  • Its always great to have people around you who support you, a family whom you can turn

  • to when in trouble, friends who are always there to be beside you but the reality of

  • life is that you cant always rely on people, and that's not because people are bad but

  • because they have their own lives and responsibilities.

  • in fact, human relationships are complicated because we humans are emotional creatures.

  • People can be friends for years and stop talking to each other because of a single bad incident,

  • so you don't want to let your fate be in the hands of luck.

  • You want to make sure that no matter what happens, you can always walk away and you

  • don't need anyone in this life.

  • You can always rely on yourself.

  • That doesn't mean you should be alone or lonely, but everyone, especially you yourself,

  • should know that you can easily rely on yourself on everything.

  • thats the most powerful trait you can ever develop.

  • in fact, when people know that you are self-reliant, you become more attractive.

  • People would want to be with you because self-reliance is too seductive.

  • 5.

  • always remember that time is the only thing you can never have more

  • The entire point of productivity is to save time because time is your most valuable resource.

  • People often say that time is money, but the truth is that time is not m oney because money

  • can be earned back, but when your time is gone, it's gone! and you can never do anything

  • about it again.

  • This is not something surprising! we all know this, but the problem is that we always forget

  • this fact, that's why we end up wasting so much time.

  • Set a reminder, stick somewhere on the wall, change your phone wallpaper where it constantly

  • reminds you that time is running.

  • That doesn't mean you should constantly be worried about it, especially when you are

  • on vacation or having a good time with family or friends.

  • In fact, whoever you are having a great time with, you should not check the time because

  • living at the moment is far more important.

  • If you have enjoy this video make sure to give it a thumbs up and if you're on here

  • make sure to subscribe and turn on your notifications thanks for watching and I'm sure next time.

How much wealth is controlled by millionaires all across the globe?

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