“So what is your first step to training your brain to see the business opportunity, the answer is financial literacy.”
The definition of financial literacy is the ability to understand the system and the number of words that will make you rich. If you do not understand the words or numbers you just have to speak in a foreign language. Each quadrant represents a foreign language.
Each quadrant is like a different country, not all use the same words. If you do not understand the words you do not understand the numbers. For example, if a doctor used to say, “your systolic 120 and diastolic you 80,” whether it’s good or bad? Is that all you need to know about your health? The answer is certainly “no”.
But it’s a start. Is like asking, “P / E i 12, and the cap rate my apartment house 12.” Is this all I need to know about my wealth? Again, the answer is “no”, but it’s a start.
At least we begin to speak the same words and use the same number. And this is the beginning of “financial literacy”, which is the basis of financial intelligence begins to understand the words and numbers.
understanding of financial literacy is the ability to make money with money begins with understanding the words.
The second step in training your brain to see the money is to learn to recognize the real risk. When people tell me that investing is risky, I just said, “Investing is not risky, the risk is if you do not learn it first.”
Investing the same as flying. If ever enrolled in flight school and spent a few years to gain experience, then flying was fun and exciting. But if you never enrolled in flight school, I suggest let someone else fly.
So is investing in the digital world or the Internet, the Internet has become one of the largest business opportunities for the business world of investing. For that train your brain to see opportunities, so what do you think can succeed