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7 - What Separates The "Haves" from the "Have Nots"

Above is a clip from "Ozarks," a show about a guy who works as a money manager for a cartel group. As the money manager for the cartel group Jason Batemen is forced to launder dirty money into real businesses in the Ozarks so the cartel can recapture and spend their money.

I've posted blogs on movies and this is no different. This blog is what separates the "haves" from the "have nots." The truth is there are many reasons, but the main differentiator of what separates the haves from have not is choices. That's it. That's all. Choices are simple. Making a choice to work and provide for your family over going to a ball game or concert. It really comes down to choices and making the right choices at the right time.

Let me elaborate on the right time. When you are in your teens, you go to school and learn. Then in your 20s, study the world, life, business, and whatever else fascinates you. Make a goal to find what it is you love thinking about in life. It doesn't have to be everything, it just has to be one thing. If you like money, be a money manager like Jason Bateman in Ozarks. By committing to something and going deep with it, you will be able to build a reputation.

As your reputation grows and grows your value will also grow. As your value increases and you manage more and more money, you will be able to charge more for your services. This is how hedge fund guys on Wallstreet start literally at zero and end up managing multi hundreds of billions of dollars like Ray Dalio who's firm Bridgewater Capital manages nearly 200 billion dollars. Believe it or not, it all starts at zero and grows from there. You start with zero reputation and grow it from there. Warren Buffet started at zero. Bill Gates started at zero. Jeff Bezos started at zero and the list goes on and on.

By becoming comfortable with starting at zero you can pick a field that you can become an expert in. By picking something you love and growing it from there using good communication and writing, anything is truly possible.

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