Broke People vs Rich People

43 viewsPublished: February 10, 20210m 15sScore: 65
Growth & Marketing
beginner
Profitability
Revenue Management
Arbitrage

Summary

The speaker explains that the difference between the rich and the broke is that broke people spend money on things they don't need and have nothing left to invest, while rich people invest first, then spend what remains. This ensures the broke remain broke and the rich get richer.

Related Videos

More from Growth & Marketing

Waste Reduction and Women’s Empowerment: Airbnb Supports Yayasan R.O.L.E.

Airbnb's Community Fund supports Yayasan R.O.L.E. in Bali, focusing on waste reduction and women's empowerment through education and training for employment in the hospitality sector. The program also supports environmental stewardship and waste management, aligning with sustainable tourism practices. The donation is a recognition of the work done by the Indonesia Airbnb Host Community.

about 14 hours agoBali, Indonesia75
News article thumbnail
Starwood Hotels’ CEO on Why the Revived Brand Is Staying Small

Starwood Hotels, after a revival, plans to remain a small, intentionally curated brand, focusing on high profitability. CEO Raul Leal highlights the importance of compelling content and experiences, leveraging social media and AI chatbots for discovery. This strategy reflects changing market dynamics and the power of content marketing.

about 19 hours ago65
News article thumbnail
Kayak’s New Ad Campaign Signals a Marketing Dilemma as AI Grabs Share

Kayak's new ad campaign overlooks the impact of AI on travel planning, a notable shift as one-third of U.S. travelers now use AI for travel research. The ads focus on traditional booking methods. This missed opportunity may lead to a slower adoption of Kayak's services against competitors leveraging AI.

about 19 hours ago75

Curated by Learn STR by GoStudioM