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100. 7 Money Lessons that I wish I knew 20 years ago
Bedros Keuilian Podcast Show
Mastery Before Diversification
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Achieving mastery in your industry is paramount before diversifying your efforts or investments. It may take significant time, such as five years or more, to gain recognition and dominance within your field. Self-mastery involves prioritizing responsibilities driven by a sense of calling over personal desires or discomfort. Engaging with successful individuals can provide invaluable insights and motivation, fostering a desire for self-improvement. Additionally, investing money rather than merely saving it is essential, as low interest rates on savings accounts fail to build wealth effectively. The focus should be on utilizing funds to generate growth and secure a stronger financial future.
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