Recognize the flaw in human perception of time. Avoid the get rich quick mentality and focus on building something for the long term. Learn from the speaker's personal experience of financial setbacks due to poor financial decisions. Emphasize the importance of saving and investing wisely, even if you are not exceptional. Compound annual growth rate is the most powerful force in the universe. Avoid overestimating the potential returns of high-risk investments and prioritize long-term financial stability.