What You Weren’t Taught About Making Money: Sarah Potter (Transcript)

The third thing that I want you to know when it comes to making money is that it’s a skill. Unfortunately, there are a lot of people that come to the market and think that they are Olympic mountain bikers before they’re really ready to take the training wheels off.

So I want you to remember that when you first started to learn to ride a bike, you probably started with training wheels. And you may have even fallen a couple of times when you took them off, but you got up, and now some of you might be Olympic mountain bikers, but others might just enjoy a Sunday afternoon ride.

And the same experience can be true in the market. Just make sure that if you do fall down, you can still get back up again, because it does get to a place where it’s actually really fun to do.

I’d like everybody to think about Gordon Gekko. What Gordon Gekko did is risky, but it doesn’t have to be that way. And honestly, not knowing about money-making skills is risky too.

If we all ask more, see more and hear more, we can learn to make more. And so this brings me back to the beginning of our conversation when I dropped my child off at school this morning, as many of you have as well.

Are they really learning the skills they need to be successful in life? And have the skills that you learned about money helped you to get you where you want to go?

Thank you.

 

Resources for Further Reading:

10 Things I Learned After Losing a Lot of Money: Dorothée Loorbach (Transcript)

Chamath Palihapitiya on Money as an Instrument of Change (Full Transcript)

Martin Ford: How We’ll Earn Money in a Future Without Jobs (Transcript)

When Money Isn’t Real: The $10,000 Experiment by Adam Carroll at TEDxLondonBusinessSchool (Transcript)

ALSO READ:   A Playful Solution to the Housing Crisis: Sarah Murray (Full Transcript)

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