Why some people FAIL and others SUCCEED | An Economic Principle that Changed my Life

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This is how some people become so incredibly successful at whatever they do!

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In this video, I talk about how compound interest – an economics term – is the reason why some people become so much more "successful" in certain aspects than others. Sometimes, it may seem crazy how someone managed to achieve so much in a certain area, making it look impossible to catch up. But in reality, they just use the principle of compound interest to their advantage. Essentially, this means "success leads to success". Once you become good at something, it is enough to continue being consistently good, in order to achieve more and more success over time. One great job leads to another. One promotion leads to another. In this video, I talk about how you can apply these principles in your life through consistency and hard work, to get on the same trajectory towards success!

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▬ Timestamps ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
0:00 – Intro
2:04 – Compound interest
3:33 – How I started investing into myself
5:46 – Productivity and self-improvement
6:30 – Why consistency is so important
7:34 – Sponsored Ad
8:29 – How to develop good habits?
10:00 – Outro