Wealth
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X @Xeer
Xeer· 2025-08-07 03:56
Wealth Stages - The analysis outlines ten stages of wealth based on watch ownership, starting from no watch and progressing through various brands [1] - Stages include entry-level brands like Casio and Apple Watch, mid-range brands like Tissot and Seiko, and luxury brands like Rolex and Patek Philippe [1] - The progression culminates in ultra-high-end brands like FP Journe and Richard Mille, with the final stage returning to no watch [1] Brand Perception - Richard Mille is characterized as "dumb money," suggesting a perception of ostentatious or unwise spending [1] - Jacob & Co is labeled as "actual dumb fk," indicating a strong negative perception of the brand [1]
X @Xeer
Xeer· 2025-08-06 10:55
Wealth Accumulation Stages - The progression of wealth is often reflected in watch ownership, starting from no watch and evolving through various brands [1] - Early stages include affordable brands like Casio, Swatch, and Apple Watch [1] - Mid-tier brands such as Tissot, Seiko, Citizen, Tudor, Nomos, and Tag Heuer represent further financial progress [1] - Luxury brands like Omega, Zenith, IWC, Rolex, Grand Seiko, and JLC indicate significant wealth accumulation [1] - Ultra-luxury brands such as Patek Philippe, Audemars Piguet, Vacheron Constantin, and A Lange & Sohne signify substantial wealth [1] - Niche and independent brands like FP Journe and MB&F represent a high level of connoisseurship and wealth [1] - Richard Mille is associated with "dumb money," suggesting conspicuous consumption without genuine appreciation [1] - The final stage is "no watch," implying a return to simplicity or a transcendence of material status symbols [1] - Jacob & Co is considered an example of excessive and tasteless display of wealth [1]
X @The Wall Street Journal
The Wall Street Journal· 2025-08-05 22:07
Millennials are entering midlife wealthier than they expected—but many of them fear it won’t last https://t.co/9rfavIKOvH ...
How to make 10x Money as a Professional | Nizomiddin Shotullayev | TEDxAjou U Tashkent
TEDx Talks· 2025-08-05 15:30
Core Problem & Solution - The core problem is exchanging time for money, lacking high-income skills, and not knowing where the big money is [4] - The solution involves charging by project and focusing on the results delivered to clients [5][8] Value Proposition & Pricing - Differentiating from competitors by offering solutions beyond the core skill, such as helping clients achieve international business expansion [8] - Illustrates a pricing strategy where an English course can be charged at $1,500, significantly higher than the average of $100 or $300, by focusing on the value of helping clients earn more money [6] Key Strategies for Increased Earning - The 50/50 rule: 50% of the value comes from the core skill, and the other 50% comes from supplementary knowledge like psychology, marketing, and business principles [11][13] - Building a strong portfolio is crucial for charging 10x more money [14][17] - Marketing and sales skills are essential, including creating compelling offers [17][19][20] Marketing & Sales - Traditional business cards are ineffective; a strong online presence (e.g, Instagram, Telegram) is necessary for marketing [18] - Experts need to learn how to sell and create offers that are difficult to refuse [19][20] Conclusion - Knowledge is a valuable asset that needs to be utilized effectively [21] - Success requires being good at one's job, marketing, and sales [21]
X @The Wall Street Journal
The Wall Street Journal· 2025-08-04 08:13
Industry Trend - The biggest flex for the 0.1% isn't a Hermès Birkin bag or a beachfront Hamptons home, it's flying private [1]