in his lifetime. Which is a lot of money, but Bezos makes that in under just 15 minutes

which mind-blowing.  He makes an estimated 149,353 dollars every

minute. By the end of this video, Bezos is going to make more money than you would in

your entire life. I know that these numbers can damage your

self-esteem because making that kind of numbers seems impossible.

Forbes estimates his net worth much bigger than the entire British royal family.

It's a living proof that you can get wealthier than even royal families if you have the right

mindset and the skills. So here in this video, we are going to take

a look at 7 skills that if you master, will give you a competitive advantage over others.

They may not directly earn you more money, like copywriting, coding or marketing but

in many ways, they are far more important and I would go as far as to say, without them,

you cant achieve anything

First, Persuasive Skills

If you take a look at any businesses, you will realize that all what they do is sell,

sometimes its a service or a product and quite often the product is not even produced by

them. But they know how to sell it. If you are a good salesman, you will never

be poor because in the world of capitalism, all what we do is sell.

Think for a moment. Lets say you have great selling skills. All that is left for you to

do is to pick a product and its a matter of time before you sell enough to be drawn in

a pile of cash.  There is a reason why people buy from one

person and ignore the other, there is a reason why people prefer to buy one company, not

from thousands of others. And if you are serious about building real

wealth, you cant simply skip this skill. because without it you can't go far.

Selling doesn't necessarily mean, selling a product, you might need to sell yourself

or your team to get that investment.

When you are in a job interview, you are trying to sell yourself to get that position. And

the better persuasive skills you have, the higher the salary you will be able to negotiate.

Of course its better to read some books or take some courses to learn the science behind

it, however, without practice, this knowledge is quite useless.

The best way to pomp up your persuasive skills is to become a salesman just to learn these

skills. Every day you will be talking to dozens of people trying to sell them something. And

it will be only a matter of time before you will feel completely comfortable selling anything

to anyone. However, that's not the only way, a great

way to start would be, find something in your house that you don't need, we all have plenty

of things we don't use at all and try to sell it to a friend or neighbor.

2. Secondly, Analytical Skills Why do you think that CEOs are paid millions

of dollars even if they work fewer hours? Their job isn't to hustle day and night although

many of them do that.  CEOs on average work more than 62 hours a

week when an average American works 44 hours.  However, their primary job is to analyze the

market and make the right move, where the market is going, what is the next trend, how

the market would change in a few years from now.

But analytical skills go much further than that. It's the ability to take a complex subject

and break it into many small parts to gain a better and clearer understanding.

Or solve a complicated problem.

Of course, your IQ will play an important part here, so does your knowledge, that's

why CEOS on average read at least 50 books a year while average people just a few if

not none at all.

The world is filled with opportunities, that's why 1700 are becoming millionaires every single

day just in the United States. But if your analytical skills aren't good enough, these

opportunities will slip right under your nouse.

3. Thirdly, Emotional Intelligence  The only three ways to build wealth is through

either startup something, investing or building a sold carrier. And in each of these paths

require you to control your emotions. When you invest in some company, the nature

of the stock market that it constantly jumps up and down and if you do not have the ability

to control your emotions when it's down, or don't get overexcited when it's jumping through

the roof, you will quickly run out of cash.

But that's just part of the problem because on your way, you are going to work with people

and people are not always nice. So, learn to control your emotions when things are going

wrong when there is chaos. Which is exactly what always happens when you run a company.

And that takes me to the next point.

4. Self Discipline A lot of people find it difficult to discipline

themselves and its understandable because its difficult to live under certain strict

routine and rules if you don't have a clear purpose behind it.

Waking up early morning, working for multiple hours without any distractions doesn't seem

to be easy. If not impossible for some. Discipline simply means sacrificing short

term pleasure for long term rewards.  But the truth is, its only difficult when

the goal is not clear. And the only way to achieve a big goal is

to achieve a little bit of it every day, that's why you need to master self-discipline.

And that's why you need to meditate. 5. Fifth, Meditation

According to a study by Microsoft, the average human being now has an attention span of eight

seconds. Can you believe it, just 8 seconds, but what's

more shocking perhaps is the fact that research shows human attention span decreases by a

whopping 88 percent every year.

An average person consumes more information in a single day that someone else would in

their entire life just a few hundred years. That made our attention the most important

resource in the world. And that's why these companies are pouring

billions of dollars in to get your attention. Just in 2018 alone, the world had spent 543

billion dollars on advertisements. That's ten times the net income of the largest company

in the world (APPLE). And this number will only grow.

And why do you think is that happening? Because we are always on our smartphones,

we are always distracted.  every few minutes, you check out your phone,

even when there isn't any notification because your attention span is extremely short.

How many times did you get distracted while watching this video, in fact, many of you

won't even make it to the end of the video.

and with that kind of attention span, you aren't going to go far, you won't be able

to stay focused, you won't be able to create any meaningful value.

And that's why you need to learn meditation. It helps you stay focused for a longer period

and think much clearer.

6. Next, controlling your mind

How many times you have heard that it all starts with a mindset and I couldn't agree

more. But that mindset is not something complicated,

usually, it means, being able to always stay positive.

I understand how difficult that could be, especially if you are struggling financially.

You can look around and there is an endless number of things and people you can blame

for your miserable financial situation, starting from politicians and wall street who are ruining

the economy, to your college textbooks that aren't giving you practical knowledge.

But that negative state isn't going to take you far, it will keep limiting you to your

comfort zone. You have to train your brain to see the light

in this chaos. Because creating wealth is chaos. There is

no way around it, if you cant manage your thoughts and keep your mind positive, you

won't make it.  Wealth comes as a result of taking responsibility,

either you want to solve a problem (start a business) or rise in the ranks of your company

by taking more weight on your shoulders.

7. And lastly, Listening

Most people listen to respond and not to learn which is why that's not considered listening.

In your way to create wealth, you will deal with people, in fact, you need them.

You need their feedback, their experience and often you will be making mistakes and

if you are not a good listener, your mistakes will burry you down.

Working alone isn't an option, because you will be constrained by your limitations.

And with great listing skills, you can attract talented people to work with you.

These skills are interconnected, they are not only used to create wealth but to live

a more positive and productive life. Wealth comes out of nowhere, its a result of delivering

value and the skills we have talked about are the foundation to start with.

And now it's your turn, what would you add to this list.

In anyways, hit that like button if you have enjoyed the video, thanks for watching and

I will see you in the next one.