This is deep. I watch it over and over. Each time, I learn something. - create a machine/process/business that makes money while you are sleeping. Trading time for a paycheck then get taxed at 40% is no way to wealth. This is where vast majority people are.

6:09 If you can do things nobody else can do, your skills are priceless 7:06 Acquire skills that nobody else has, especially in combinations that are rare 8:53 That's why we made a computer -- because we wanted one and there wasn't one - Steve Jobs 10:03 Wealth is about positive-sum games (not finite games like selling your time) 10:26 We have limited time, but if you make a product, it can make money while you sleep (that's leverage) 11:23 You can be a creator instead of a consumer 11:37 The path to wealth is to make others happy and solve their problems 11:50 Create a wealth machine (compound interest) 13:37 When customers love you, they tell other people and you get more customers

“the path to wealth is making others happy”

10:40 story reminded me of a quote from Viktor Frankl: "When a person can't find a deep sense of meaning, they distract themselves with pleasure."

- Money is just a measure of wealth - Wealth is abundance - Create and own the engine of wealth - To do this, acquire skills - Learning to code is especially valuable - (I’ll add: learning to WRITE is just as valuable as learning to code) - Not all skills are valued at the same price - Coding and writing are so valuable because of leverage - Stop selling your time - build things that make money while you sleep - Be a creator, not a consumer - True wealth compounds over time Enjoy ✌️

This is the best self help video I have ever seen. No bull. No cliches. No platitudes. No abstraction. Very real.

When you stop learning , you get left behind . Never stop educating yourself

I'm going through the lowest point of my life and this gives me the positivity to move forward

When you build wealth, you may be in a better position to pursue the lifestyle you want. Your life can become one of possibilities rather than one of limitations.

Long story short don't chase money Chase needs. Find out what people want and give it to them

It's so rare to finish a KZfaq video and feel like you genuinely learned something. Your videos give me this feeling consistently. Thank you!

I'm from Kinshasa, Congo(Africa). I feel like a gifted student to watch you, Garry

Don't sell your time - fantastic point here. It takes people years to figure this one out. Finding ways to leverage your time most effectively is key.

This is literally the best recommended 15 mins and 32 secs vid youtube gave me

This is one of the most valuable content on youtube ever! I realized that even I heard many times familiar advices before, the truth is that I’ve forgotten about what the truth is important. Thank you, Garry!

Best thing I discovered​ today while I am still seaching what to do next after being unemployed.

Lessons learned from Garry tan (Stop chasing money -- chase wealth, How to get rich) 1. Chase wealth(what u want ) not money bcoz it is accounting of available economic energy. 2. Wealth is created by craftsman (who can create things). All skills are not valued at the same price(If u can do things that nobody else can do, u will have skills that are literally priceless). Vankatesh rao says that "u either live above the api or below the api". (Eg.- if u r a uber driver & follow it's instructions then u r below the api & if u create and own uber u r above the api. ) Investors look for founders who have skills to build that dream. The best way to look like a good startup is to be a good startup. 3. Be a creator don't be a consumer (Don't just sell your time for money) . The path to wealth is through making others happy. 4. Wealth is what creates more money (buying car is "money" bcoz u can't make more money with that). Think about what people want, the problem and the solution. " The world needs more people who are solving problems. "

His WORDS speaks Volumes because they are from his HEART ❤️ knowledge and Wisdom ...it’s not about money for him ...he is not trying to Sell u anything that’s the beauty of it All ...RAW TRUTH !!! the End Mic 🎤 drop

Great job Gary. Ever since the pandemic, my mindset truly change. I wasn’t happy before because I was chasing money. And money gave no satisfaction. It’s just temporary. But wealthy mindset does.

mind blowing ====> above the API vs below the API!!!

A great book that covered the subject is the Fastlane millionaire by MJ Demarco

This is the hard to swallow message for a lot of get rich quick entrepreneurs and I'm with you 100% Gary

So glad you brought in the Alan Watts clip! I’ve been telling people about this for years and years. Later in that clip he talks about how it’s as silly as a carpenter telling you they can’t build a house for you because they’re, “all out of inches!” Money is a measurement unit for wealth, not the wealth itself.

Garry dropping incredible gems of wisdom.

In 15 minutes you have managed to differentiate yourself to such extent that most of the channels preaching & teaching around these topics seem obsolete. This will generate wealth. Thank you for sharing.

I just quit my boring decent pay job today n decided to run my own business. I’m walking my dog, listening to this video n hating my ex-manager who was still giving me shit on my last day. This video is sooooo helpful.

Dude, you are concise, relevant and hit the poor impulses that need to be addressed. Thank You!

The reason I love Gary Tan from my East African hood is cause hes real truth is universal . Everything he said works just as well here too . And we are tired of too many "get rich quick" scammers who do not deliver but try to con their way to riches themselves by selling bogus content . Keep it up bro . We shall support in any way we can .

In my daily journal I wrote down a reminder "Solve people's problems and you will do good."

Thank you for this video. I am a 24 year old and I’ve been studying finance and investing since I was little. I don’t think I’m meant for the 9-5 like normal people because you’re right about selling time to make others richer instead of using that to INVEST in your skills. I like constantly learning new topics like this because it helps me get better finance and think differently. YOU a want to be the One that controls the time, the machine NOT the one pushing and slaving to make the boss richer

I paid a lot of money to make myself feel better...if your house where your heart, mind and soul is not in balance and contempt, the mind looks to create pseudo-creative creations to compensate for the lack of actual creating and building something worthwhile that brings value to humanity. By default, human beings are creators. It's just that we are not asking our God-given inquiring minds the right questions to stimulate our exponential and powerful imagination for product and service development. One has to spend time quietly asking questions like why, where, what, who, and when in order to stimulate our creative capacity. I have a huge respect for investors like you, G. Much love. All praises to the Most High, God is the Greatest..

I am pleased that I opened this video. Garry said something that resonates with me. I am also a believer that to build wealth from a zero one needs to learn and master the "crafts" highly valued by society.

As someone that’s surrounded by classmates blindly chasing FAANG for the money + doing leetcode till the sun sets. It all seems so unfulfilling to me compared to building things. Another great vid :)

I never search out this type of content but stumbled on it today! Never knew I needed it - it’s perfect for where I am in life!

I HOPE THIS VIDEO IS SHOWN IN ALL THE UNIVERSITIES AND MIDDLE AND UPPER SCHOOLS IN THE WORLD SO VALUABLE AND TRUE. THANKS GARRY.

Create a system with a reinforcing feedback loop = exponential growth

The further down I tumble down the rabbit hole. The more I realise that money is becoming a past metric of status. With the advent of apps like tiktok. The real flex right now is creativity!

This is one of the best videos I've seen in many many years. It helps me a lot as a founder seeking answers. Thank you, Garry!

I am struggling to find my career...as a music composer/recording for 20 years now as a passionate hobbie this got me thinking. Thank you very much.

This is totally priceless, this guy is really really amazing. It took me more than 10yrs in my career just to realized these short of things. But he can describe it in just 15mn long.

WOW I got chills this video was so good, felt like I should be paying for this

I really appreciate your genuine guidance Gary. And I love how you incorporate philosophy into your subject matter as it is the basis on which everything is built. Allan Watts is awesome and I too don't want to be a slave to consumption...

The world needs more Gary Tan!

Rewatching this. There are some videos here on KZfaq that need rewatching over and over again. This is value. Pure value.

This is one of the best videos I've ever seen. Great job Garry!

Have rare skills and having them in the right combo is superb

See the trouble with you people is you think money is real, money is just numbers in a database used to create the actual engine of wealth...don’t just be a part of the engine own the engine.

Thank you Garry. The best 15 1/2 mins of advice every aspiring creator should take to heart. Wealth mindset > chasing money

Well, I have never been in a mindset of a consumer, I always wanted to create and produce. I feel like I share the ideas that you shared in this video but the key point is to find what problem to solve and this is the hardest part of all.

Thanks for orienting us, Gary! You've grown so much in your production & style.. quickly becoming among the best individual creators here on YT! Request for a future video topic 🙏: how to make decisions in applying leverage effectively (for a company). The balance of raising to scale but also ensuring you're building to eventually become profitable can be a tricky one!

I love how you spend so much time talking about skills. It’s not like it’s never discussed, but I still think it’s under-emphasized in a lot of the entrepreneurial world.

Your channel is pure gold. Watching from Lagos, Nigeria.

SO GOOD

I LITERALLY with every fiber of my being cannot believe this video is not a STANDARD. Thank you

You are about to be liable for hundreds of millionaires and thousands of fulfilled people! These videos are really good, it's advice I've heard plenty of times, but your delivery and sincereness really makes it that much better, knowing its coming from the right place. Keep inspiring!

The world needs more people who are solving problems. I like that.

How can a wealth video be this good? Wow! Garry Tan is a philosopher of wealth.

Had to watch it again. This is truly deep and accurate. Btw I'm finally reaching the profit margins I was striving for in our startup!

Thank you for sharing that things that real entrepreneurs need the world need more people like you

This separates the wheat from the chaff. Powerful material. One of the best videos on wealth creation I’ve seen. Thank you!

API kind of reminds me of a talk I went to, a while back explaining how platforms, communities, marketplaces and ecosystems were the future.

When you invest, you're buying a day you don't have to work

Every thought I had over the years, that echoed within me to be a creator...all was answered by just this one video...I feel happy to my soul, that I was in the right mindset all this time!Thanks a ton bro!

I decided to join the rest of the elite class. Put all my money into stocks n etfs. Slow but steady. Unless the US economy goes completely belly up.

This content is pure gold, people need to watch this...

Torn between commenting for the algorithm and writing a heartfelt thank you message. Anyways, thank you Garry, very helpful once again.

Tomorrow I am resigning from a usd 200k/y job. You are helping me pulling the trigger. Thank you so much.

This content is superb, it is really enjoyed it, this is one of the best video I have come across

I'm gonna re-watch this again and again until I internalize it.

Totally recommend reading all Paul Graham essays, including the one on how to become wealthy

Hey, thanks for these perspectives in our lives! One of the most valuable channels on KZfaq. Just started programming and engineering my mind to solve real world problems and to get wealthy. I want to have an impact on this world!

One of the reasons KZfaq was made is this.....to learn from you garry...one love from Mombasa, Kenya.....i learnt alot from you brother...thank you

Garry, your content is super good, not just the content, but the lighting, the mic, the setup, the editing. It’s all so good!

the best youtube video I have seen in 2021 so far. Thanks Garry

I subscribed immediately. There’s a lot of fluff on KZfaq nowadays. Ppl just regurgitating what they see on the internet. I can tell you have learned these values you talking about, lived through them, struggled with it and overcame. One can’t fake experience 😀

This is the FIRST time i am seeing this channel ....... and this person. I am deeply in love with his enthusiasm .. not to mention his knowledge and achievement. I cannot even explain in words how grateful i am to be seeing this. CHEERS and regards, Nick Tan.

Garry You're the best. We can't thank you enough for this content.

Brother simply wow 😳. Mind-blowing I knew about investment and wealth but not like this .You change my perception.Thanks bruh new followers 🙏

Thank you, when I ever I feel lost, I always come back rewatch this, and learn and re-learn again. Thank you

Garry! You killed it! Everyone should realize this

Thanks for making the video. As a lifelong craftsperson and more recent entrepreneur it was really nice to hear your articulation of these concepts.

“You either live above the API or below the API”...blew my mind

This video is so dense. You cant just watch it once because Garry is talking deep facts in such a short time you cant even process these at once. I think it was the third time I saw it I finally felt like I got it.

I came here from Coffeezilla so I could be more educated. I'm in a fortunate position with a start-up company in calibration and instrumentation testing. I'm navigating unknown waters and taking my time instead of chasing dollars. I've started off on a good foot and I'm going to make a small profit into my in second year. I'm in agreement with this as my line of work requires an individual to be well rounded in different disciplines. It's a sacrifice spending weekends reading about industry standards,, watching KZfaq videos on industry practices, and learning about new changes to my existing skill set. So much to take in, but I'm finding value in it for me so one day when there is an opportunity to seek funding for more expense equipment I can be wealth of knowledge and walk the talk on selling myself.

Solving problems and actually creating/building/developing is a big thing missing from a lot of people’s life. Fantastic video as always Garry! 👍

This is Wealth Garry! You are so humble and I aspire to be like you someday 😇

The best video i've ever seen explaining what is WEALTH. Good job

Garry, as an early subscriber I have watched all your videos and I love you so much. When I listen to you word-by-word it's like I'm thoughtfully tasting apples under a wisdom tree. You make me think, you make me see but also feel the love for serving people with a product or service. People with your perspective are rare, and I could feel you'd get a massive following soon (now 70k) and I've said to my friends to watch you because they have so much to learn. Cheers bro

Thanks Garry Tan. You make it real and you make it clear.

Loved this, took me the better part of 20 years to truly "grok" the REAL value of my time #1440

I just subscribed to your channel Mr. Tan. Seemed I was drawn to it when you made the reference about the janitor occupation, because that is my current work position. I am grateful but know I'm made for something better. On a quest to find out what truly makes me happy. I think that's a pretty good starting point. Continued success to your channel. ✌

Garry thank you, as a business man I have watched lots of videos and never felt moved to comment. To anyone looking for sound advice for getting started in today’s economy 2021 Garry is providing the most useful content I have encountered. Give Thanks Sir, you are doing a great job🙏👍🎁

Dennis Rodman, Steve Jobs, and a wealth machine LOL good stuff!

Garry, You know I am one of your biggest fans. Following your tweets and youtube videos. Thank you for decentralising knowledge

This guy reminds me of John DeMartini. Both of these guys have depth and substance in what comes from their advise to anyone who is listening.

Thank you for sharing Garry. You're part of my center of influence, a list of individuals I admire and aspire to emulate, including Mark Zuckerberg, Justin Kan, Paul Graham, Elon Musk, and Bill Gates. I listen to someone from this list every day for inspiration. I appreciate you sharing this episode, and I hope you have an incredible week.

Never saw a person like garry. Garry you are really brilliant and amazing keep up the good work. Thank you for posting this sort of content glad to be a huge fan of yours.

Great vid Garry... LOVE seeing you really commit to KZfaq and putting out broader messages that our world really needs right now... Keep it up, man!

I really like the way you mentioned the cycle of talent, customers and capital. I had an answer to a problem for offline retailers. I had the plan ready, customers were willing to approve it but I didn't have the right people (Talent) and capital to work with. A year later when lockdown happened, people started recognising the idea and built a startup around it. I follow it until today and am happy for 2 things 1) the idea is growing rapidly. Happy to identify an opportunity 2) saved my capital which is very limited in front of the company who started it and saved myself from being crushed. But it taught me alot. I am discovering ideas and will start a business of my own with the saved capital and right people. Thank you for your videos. They are very helpful.

There needs to be a balance between creator and consumer in your own life. In order for you to be successful as a creator, you rely heavily on those consumers. In order to support creators you enjoy, you need to partake in consumption. Creating and consuming are equal forces.