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  89. If this channel was a stock, I'd put a lot of money in it. Wait, I'm still at wealth level = nothing. :-( Also, here's my summary (I always summarize the videos I consider most useful): • Check your beliefs about money. ○ Money is not bad, don't buy into that stereotype. ○ Studies: Most millionaires are self-made. • Your equation ("money = salary from a job") is wrong: ○ How much u earn from ur job depends on the time u put in - e. g. $20/h fulltime job -> 24 yrs to $1M (before expenses!) ○ Time = most precious resource -> that's a bad deal! • Rules of the game in a capitalist society: ○ You're paid in proportion to your perceived value (= equation to wealth) - The ppl that perceive ur value = the market (aka everyone) - It's about supply & demand (think: utility/value, price, efficiency, excess/scarcity etc.) - It's not about how hard u work, your passions etc.; the market doesn't give a fck □ That's why e. g. celebrities are paid more than cleaners - Pivotal question: How can I increase my (supply's) perceived value? ○ All money runs from this premise: If u want money, solve problems. - Million-dollar problems -> million-dollar solutions etc. - Always start w/ the problem: Listen to the market around u - What do ppl say they dislike/wish existed/is inconvenient/frustrating etc.? - Tip: Solving more/better problems @work = lever for a higher salary • A problem worth solving ○ Scalability: solution needs to affect a magnitude of people - e. g. physical yoga classes (job) -> online course (business) ○ Automation: systems/processes keep ur business running like a smooth machine ○ If it financially makes sense, outsource tasks or hire ppl to do it for you ○ Make sure your solution can be accessed by everyone in your market • The reward (two paths): ○ Continue the business for whatever reason (e. g. stick w/ ur baby; add more value to it; runs passively in the background) ○ Cash in, e.g. eBay's acquisition of PayPal for $1,5B (ca. 10% -> Elon's pockets) • What was it all for anyway? ○ It's not about the money itself (whose value is only backed up by our belief in it anyway) ○ It's about freedom -> ability to do what u want whenever u want w/o having to worry ("can I afford this?", "have I used up all my holidays this year?" etc.) ○ In the end, it's about the most valuable resource that we cannot rebuy: Time! • Conclusion: ○ Stop chasing money. Chase problems. Find solutions. Build a business around it. - Let solving problems be the meaningful struggle in your life! ○ Keep in mind: Most attempts will not succeed - Fail fast & move on to the next thing
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  302. *Sorry this is a long comment* Amazing video with perfect clips. That itself took tons of research. Since I knew 99% of them I knew what happened before and after so each scene brought in a full experience to back up your words. I whole heatedly agree with your points. I went so far as to go to an alternative seminary and was ordained...so was on the guru track. Even that requires more and more money. The darkest part is that you are expected to go to your fellow guru events to support them. So money flows around and around in a circle. But as it all fell apart I kept remembering my early studies in philosophy: the existentialists like Camus believed in a point we all reach called "Angst". That was the moment we realize that nobody else, no other system, no other network, creates who we are. We are alone in our self-actualization. That is a place of darkness until we realize the extreme power of it. Waking up to that realization is what you did...The only thing that I've found to be a truism is that it's not possible to warn others...they have to walk their own path to being awake to this reality and your video will help them on their path for sure. I also recommend Eckhart Tolle. What's interesting is that now with Covid many people are feeling lost as they have disconnected whereas I'm just going about my life as usual, in the sense that "they" never defined me. Sure I miss people, but I don't need them like I did before I woke up to the trap your video enlightens. Keep it coming.
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  347. I couldn't agree more with the gap year point. However, it is not applicable for my country. If you can not enter a uni right after you finish high school, you have to go to military for 18 months. I was very successful student, still didn't know what I want to study; but it is very hard to pass entrance exam after being a soldier for 18 months, so I went to the university: best university, one of the hottest degrees, but I absolutely hated it. It was not only because of avoiding military, but I would be called crazy if I chose going to military instead of university with the grades and scores I had. After graduating university, you are given 2 choices: To serve in military for 12 months, or to go to study master's degree. I graduated last year, but thought that I am not emotionally or mentally fit to be a soldier, so I will go to study master's degree. I got a hype in my senior year that I love my degree so didn't mind doing masters; but right after I started master's it turned out to be false. I will graduate from master's next year this time, and will have 2 choice: either to go to the military for 12 months, or to do a phd and be exempted from military service. I won't do a phd in a subject which my hatred grows(btw, it is CS) just for the sake of avoiding military. I will do my service, and after that I will do something else, nothing IT related. So, 7 years(1 year of english foundation included) of studying and spending tons of family money just for the sake of avoiding military, pleasing people around me and end result is that: I hate my profession and won't do it for living. If I had a gap year, everything could be soo different.
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  358. I’ll have to be honest, I love how calm you are in your videos when talking about topics like these. You said in your latest video about gurus taking advantage of the dopamine rush in the self help industry...with your videos, even though I’ve learned to control my dopamine levels when I watch videos like you mentioned, I get a sense of being level with you, being able to easily learn from you, being comfortable with your topics that I know to be true - because of my own experience in this market. I fell for the Click Funnels OFA challenge, AWOL Academy now known as Fullstaq Marketer, Tai Lopez, Dean Graziosi, Grant Cardone, Stephan and Tatiana James... just to name a few... And what I’ve come to learn is how they mention “mindset is the first step...” It surely is once you learn how these gurus get rich by selling their courses, taking advantage of the people who want a solution for their problems. I mean, it’s the ultimate marketing strategy that people are drawn in to. I took a break and started watching channels like yours, Alex Becker, Josh Fluke, Humbled Trader, Rowena Tsai, Coffeezilla...and learning to piece together a different feeling towards my goals and what I really want in life. I’m now more content with what I’m doing, I’m not trying to learn from gurus anymore on how to take advantage of people and sell sell sell...I’m learning to control my dopamine levels when I consume new information in videos, I’m experiencing life for what it is, accepting my credit card debt and mistakes I made to rack up like I did, and creating a plan to conquer that debt and fulfill my dream of getting back into the military like I want to do. I’m not mad at myself for any mistakes I’ve made in the past, for I have learned that they are experiences. I’m learning if I want to accomplish goals, I have to set systems to carry out those daily tasks I need to do that work for me. If I want to start my own YouTube channel, I’m going to talk about the real stuff people need to know. I know this comment is a mouthful, but your channel is another to add to my list of people to learn from that I actually like. Thanks man!
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  524. Dude I watched your video with an open mind because I’ve never heard this perspective before. I appreciate you delineating the action versus action faking but... I don’t think the self-help industry should be villainized for two reasons - life is a process and you said it perfectly “it’s ok not being ok” and struggle is a part of the process. You can argue that the tactics of some of these gurus are questionable but they aren’t holding a gun to anyone’s head forcing you to sign up! That’s like you blaming McDonalds for making it easy and cheap for you to eat the tastiest but most unhealthy meals ever. At what point do you acknowledge each person’s individual process and their responsibility to their own life?Procrastination is the name of the game. Some people just take longer to start on their path and them spending thousands of dollars is part of their process. Money comes and goes man. It’s the journey that counts. I could probably argue that the self-help culture is necessary to help people break out of their daily routine! You yourself said that you benefited greatly from self-help by feeling fantastic about things and you also said that after going through that process you were awakened that you needed to start taking action, step back, and figure out your own way. But I wonder, would you have ever arrived at this realization so quickly without going down the self-help rabbit hole? People are stronger and smarter than you think and every thing isn’t as it seems. Let people go through their process because sometimes sheltering people from painful experiences actually hurts them more than allowing them to go through them and figure out life for themselves because MANY of life’s best lessons come from pain! Good luck brother and I wish you all the best on your journey. PS Gary Vee is a great guy, I really think you should read more into him as a person. He’s one of a kind man.
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  680. Oh my god, thank you. Just thank you for this. Thank you so much. When I believe in something, I give it everything I have. I shaped my thoughts, my actions, my words, I put away my time so that I could practice the law of attraction. I didn’t even notice how badly it was affecting me, how I got extremely frustrated at even a small negative feeling or thought, and eventually it was to the point where I was constantly suppressing my negative emotions and I was such a different person (and not in a good way). I ended up feeling even shittier despite all the positive thinking, I felt like my very emotions and thoughts were restricted and by myself at that and it was just so horrible that I would be filled with stress from the moment I woke up. I found myself scared to remove those restrictions, because I believed so deeply that if I did I would attract horrible things into my life. But eventually I just broke, and I realized that when I allowed myself to feel freely just like how everyone is supposed to I ended up much better off. Every now and then I struggle because I have that small voice in the back if my head that tells me to “think correctly, feel correctly” as if thoughts and feelings had a certain standard to them that I had to measure up to. I try to remind myself to start living instead of living in my head too much. Seeing this video brings up a lot of painful memories and a great deal of relief, I would really hate if someone went through what I had experienced. It’s only come to my knowledge now that people genuinely try to cure diseases using LOA and I agree that it’s very dangerous and very scary. I’m just grateful that I haven’t gotten to that extreme of a point because I could have and would have literally put my life at risk.
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  1557. I used to be a hardcore believer of the Law of Attraction and followed the industry leaders especially the ones on Youtube (Aaron Doughty, Leeor Alexandra, Eric Ho, etc. ) After some time, I felt that whatever it was they were teaching weren't hitting the nail. Like how I've done this "2 cups method" (a ritual where you use cups to rid of your old life and come into your new life, supposedly helping you manifest your dream life) - and yet my life would never change at that time. Or how I would think positive, do this method or that and nothing will ever come out of it (a lot of those 'methods' were wack by the way, these youtubers would always use terms like "shift into your desired reality, jump into this or that dimension") Things started getting weird when they started talking about being "Starseeds", saying that they've reincarnated from beings of different galaxies (Orion, Acturian, Pleiadian, and Draconian). All the while I was thinking, the fuck are they on? What did it for me was when I discovered that what they're preaching and 'how' they're preaching are harming lives, like how one of Eric Ho's students lost $26k for his mentorship but gained nothing in the end (the video is on Coffeezilla's channel). Or how Leeor Alexandra and Aaron Doughty shared that they were "twin flames" - basically like a higher version of soul mates, they said that in the astro plane, they were one but when they came into the physical world, their feminine and masculine enegies split, yeah, all that wack only to end up breaking up. Their followers believe the same, of course, and I've been in their communities, I've seen them share about their toxic relationships and justifying that they can't possibly leave their partners because they believe she/he is their twin flame. Today, I guess I still apply some principles of the Law of Attraction. I try to be positive when I can, but allow myself to be negative when I can't. Instead of visualizing, I talk more about what I want to achieve in life. I don't speak 'as if' it's already my present reality like what most LoA gurus teach because that would come out as conceited. Instead I speak with humility & honesty that this is what I want in life but I still don't have the tools or the right connection...hoping that eventually I'd chance somebody who does have those tools or connection. I would 'attract' what I desire in life knowing I would be more hyper aware of opportunities that would come (The Baader Meinhof phenomenon). There are other practical and reasonable techniques that I use but it'd take a day talking about them. My point is, it's okay to believe (to a degree) in the Law of Attraction, as long as we're critical in our belief, and more importantly, of its preachers. Great video as always, James.
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  2030. I love the video, it does speak some truth. But there is some misconceptions about this and I would just like to offer some counter arguments. Most of the people might seem to be doing this for the money. Yes there are, especially for the freedom. But there are definitely people doing this and actually making transformations to their clients that they are happy with. I have a passion with being a dating coach and online coaching is the best and most lucrative strategy for coaches and consultants. And even though you think it seems slimy when you market and use sales to bring people in, it's really a business responsibility to sell your product. It's not evil, when we think we have the cure to cancer and the only way for the medicine to work is if they spend money (value and time) in return for it. You are more concerned with how they are earning money, but you aren't thinking about ROI (Return of Investment). How much do you actually value the information when you don't pay for it? And there are many coaches that selectively choose their clients cause they want success stories and testimonials, not just money. Real results translate to real testimonials that translates to long term success in that field. Why are we so afraid with money? How much money do you think you deserve? There are so many great coaches out there so it's not right to put all of them under the same umbrella. Products and online courses can help, but it provides 90% motivation but not real results. But if you have someone that is dedicated to your growth and bringing you along from one point to the other because you PAID them. Then everything is a win win. There is a balance we can strike here and I think it should be stated. I don't deny the amount of fake coaches out there but I dream of becoming one that strikes the balance of a sales entrepreneur and a relatable YouTuber. Follow Real Social Dynamics. FOLLOW Owen Cook on YouTube and listen to his passion for teaching and sales and you might get a better understanding of their mentality, rather than painting them as selfish, get rich quick, slimy scammers that only care about your money. I hope I spark an interesting, balanced conversation about this. I watched the whole way and I still enjoyed the video :)
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  2118. I like the videos on self-help and fake gurus, then I subscribed out of curiosity. My impression is your unbelievably intense pitch here sounds a lot like those but without selling stuff. The truth is the overwhelming majority of us don’t want to be in business for ourselves, we’re just not suited for that. There is a book entitled “Your money or your life,” which I recommend. And it’s message isn’t perfect either, but it’s pretty much the opposite of this video. I trained for a high paying profession and invested my way to early retirement. You can work for others and achieve financial independence, I did. I’m not wealthy but I don’t need to ever work again for anybody, I have an above average income, and I’m debt free and I do what I want. There really are other ways to get where you want to go. I’ll unsubscribe now. There’s nothing particularly wrong with this message and maybe something well under .001 percent of you will “make it,” whatever that means. But 99.999 percent of humans aren’t going to do this, and that’s fine. Here’s a little unsolicited advice, lower your expectations for what you want and expect out of life and learn to enjoy yourself without being uncommonly wealthy or brilliant, etc. Simple money management and the basics of finance, living on less than you earn, investing, saving, understanding the value of a dollar or British pound sterling will get you where you want to go. Try being a high income minimalist. Good luck to all of you - I wish you all well. And I hope all of you get whatever it is you’re looking for, I really do.
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  2186. Imo the overall quality of this video is fantastic! I notice so much depth in your production that obviously reflects your knowledge & practice of theatrical skills. Don't be so quick to assume your effort to study acting didin't bring you to your ultimate goal of becoming an actor. You're certainly gifted & talented but life doesn't always follow a straight line path or evolve as you intended. Sometimes opportunities present completely different circumstances than you expected or thought you wanted. The art of acting stretches far beyond the surface of entertainment. The real value is your creative power to tell stories. A great story has various types of conflict that bring layers of depth to the main theme & often include a twist in the plot that keeps the viewer engaged. You understand how to influence, capture full attention, manipulate emotion & persuade perspective. Steve Jobs once said he believed story telling is the most powerful skill. It's why he wrote "Toy Story" & founded Pixar. Being online opens doors, provides unlimited reach to boundless resources. Some musicians launch their career by offering their music free to gain followers. They discover inovative ways to monetize & override traditional models of the past. Lindsey Stirling is a great example, see her video "Crystalize" it got 229 Million views! Who would think a girl playng violin & dancing would become so popular with young & old? She's unique, did things her way, doesn't expose herself or promote nasty topics & she's become a massive success! I hope you find internal fulfillment, reach your career potential & attract wealth beyond your grandest dreams! Wishing all abundant blessings!
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  2464. This may be unpopular opinion, but I think this is just basic economics and psychology. I do think the gurus are over 'positive' with the things they post so sth like that, but I dont think its predatory, or at least some of them dont intend on preying on its consumers. There is a market for it, people want to see some positive messages, they are there to fulfill it. And following these 'gurus' wont just spiral you into addiction, healthy people can genuinely do with some positivity all the time. Writers also are just trying to put out genuine good advice. They dont intend to prey, they give out good advice, and there is a market for it and they get paid. Nothing about that its evil on their part. Problem is that the addiction to self help is extremely natural. And not inherently evil from the creators in the industry. After all they give genuine good advice (although they may be incomplete like in the video people misinterpreting working hard as blindly not giving up, but it's not the speakers fault they are answering questions and also with their elaborations cut in the video) and they get paid, so naturally they think oh people are getting help from me and its earning me money so I put out more content. The problem is the psychology of us. First natural thing about self help is people desperate and therefore very prone to make mistakes, like spiraling into addiction. Addiction is quite your own fault. You can get addicted to everything and anything. Plus self help isn't inherently designed to be addictive. A man gives good advice to you, he expects you to follow through his advice, not get an action faking dopamine kick out of it. Getting hooked by it is quite your doing. You can get hooked by cat videos, but you wont say these people filming cats are trying to get you to be addicted by them. This is the nature of addiction. Action faking and all that stuff is all in your brain, and they aren't necessarily taking advantage of it either. I'll try a comparison. Sth genuinely good for you, for my example the coughing drug (I'm taking liquid ones, which i heard can be quite addictive), is taken when you need help and can do with some improvement, in this case when you are sick, but the coughing drug ain't taking advantage of you isn't it. Doctors dont get you addicted to the coughing drug by targeting you when you are sick and coughing so you can get addicted to the drug and buy more. Same idea as the self help books and stuff, which contains content that HELPS. In the end it's the consumer getting addicted and it's his own fault. Yes, making mistakes and spiraling into addiction is given shitty circumstances extremely easy to happen to a person, but still it's the person's fault. Economics means self help has a lot of addicted people spending money and contributing to the industry, and a big and rich industry with high demand means a lot of supply of self help content. I think this video has a tiny bit bias tone with a little bit of demonization of the self help industry and the people producing self help content. The message and warnings are great, but the thing that is after these vulnerable people isn't these greedy suppliers, but their own psychology and the nature of addiction. But nevertheless good video. After watching this video and the fake guru video, I subbed.
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