19. Crypto will not make you rich... but this will!
Summary
In this episode of the A Players Podcast, host Lewis Haydon discusses the best way to spend money and whether investing in cryptocurrency is the right choice. He emphasizes the importance of investing in skills and knowledge to create wealth, rather than relying on risky investments. Haydon also highlights the marketing strategies of crypto influencers and the need to focus on adding value to people's lives. He encourages listeners to take ownership of their financial journey and have the right conversations to increase their income. The episode concludes with a call to action to make power moves and take steps towards financial success.
Takeaways
Investing in skills and knowledge is a more reliable way to create wealth than risky investments like cryptocurrency.
Crypto influencers often make money from selling courses, not from their own investments in cryptocurrency.
Adding value to people's lives and solving their problems is a key to increasing income and creating competitive advantage.
Taking ownership of one's financial journey and having the right conversations can lead to increased income and financial success.
Chapters
00:00 Introduction to A Players Podcast
02:21 Bridging the Gap Between Universities and the Real World
03:20 The Best Way to Spend Money: Crypto or Other Investments?
06:37 Investing in Skills and Knowledge for Wealth Creation
10:24 The Marketing Strategy of Crypto Influencers
13:19 Investing in Skills to Become a Millionaire
15:41 Increasing Income and Creating Competitive Advantage
18:06 Adding Value to People's Lives and Solving Problems
19:30 Investing in Skills and Income Streams
22:27 Investment Strategies and the Entrepreneur Mindset
25:22 Investing in Businesses and Controlling Income
28:22 The Desire for More Money and Impact
31:00 The Importance of Income and Having the Right Conversations
33:24 Taking Action and Making Power Moves