Luck

Sometimes to become rich is not always about intelligence or how smart you are, you need a little bit more. I read a book last year and it was talking about the different types of intelligence. This book emphasizes how people can be so intelligent in a specific aspect and be dumb in another aspect. An example is people can be book intelligent, and when it comes to street intelligent they can be dumb. People can also be book intelligent and also be dumb financially. Most people believe that being intelligent equally means more money but when you look at the data, you realize that that is not always the truth, if you are smart, doesn’t mean you will make more money we have a lot of smart people that are broke.

If you look at the richest people in the world, we can agree that they are smart, hard-working, and intelligent but when you compare them to do remaining population, you realize that it’s not as if they do this thing 10 times better than everyone else. There is something that is working right in their favor, which is luck. Some people believe that copying the one percent richest people in the world will make you automatically rich too, but this is also not true even if you do the same thing that he did throughout their life, you will not still be guaranteed to be rich as them.

this doesn’t mean that hard work intelligence and being smart don’t play a vital role, It just means that it does not guarantee you to be a millionaire or a billionaire.

We have people who have been in crypto for so many years, but they have never been as lucky as some newcomers who are risk-takers in the industry. We have people who used $10 to become a millionaire by just investing it into a meme token. No matter the strategy they are telling you even if you use the exact strategy, you are not guaranteed to be a millionaire and what works in their favor is Luck. I am not trying to play down the effort of people, but when you look at the human IQ, nobody is 10 times smarter, sometimes you just have to be in the right place at the right time.

it is true that when you do more something, especially in finance the luckier you become which simply means that you can increase your luck as time goes by

To be rich doesn’t mean that you have to be 10 times better than other people or be 10 times smarter than the rest of the world. It simply means you are just one percent better than the people around you and you position yourself in the right place and at the right time. Being one percent better can make you take all the wins. When you are trying to be successful financially there is one thing you must never forget which is luck, when luck starts working in your favor it takes you from an average person to an elite. The difference between you and your peers might be slight but luck on your side will create a big gap between your success and theirs.

Thanks for your time.

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