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The Talmud: 5 Top Ways to Think About Making Money Chase You

Jews make up nearly half of the world's richest entrepreneurs.

Oil tycoon Rockefeller, Wall Street magnate Morgan, stock god Warren Buffett...... These super-rich people who are known all over the world, they are all Jews.

As one of the smartest races in the world, the first rule of making money for Jews is – use their brains.

They summed up their experience of making money, wrote it into the Talmud, and passed it on from generation to generation.

Today, Insight-Jun has extracted 5 rich people's thoughts from the "Talmud".

Experience the wisdom of the Jews, develop a gold-absorbing physique, and wealth will naturally find you.

1

Wheat thinking

There is a saying in the Talmud: "Wheat may be lent to tenants to make seeds, but the wheat used to make seeds is not edible." ”

What does that mean?

The Jews believed that wheat as seeds had to be planted in the soil and allowed to take root and sprout to produce new wheat.

But if they are ground into flour and made into bread, it is a pure consumption act that does not produce any value.

In other words, if you squander your principal, you will never be able to get out of poverty, and only by learning to make money make money can you become truly rich.

Rockefeller was convinced of this from an early age.

When he graduated from high school, he borrowed $1,000 from his father and started a business with a friend, accumulating a little principal.

In 1860, he fell in love with the oil industry, but at that time the price of oil was too high, he examined the market and decided to wait for the right time.

Three years later, when the price of crude oil fell to 10 cents, he thought the opportunity had come for a "seed to sprout."

So he sold his company and bought a large amount of oil refining equipment, and soon made a lot of money.

After becoming a wealthy man, he did not spend the money he earned, but continued to use it as a principal to invest in new technologies for oil refining.

In this way, he gradually expanded his business territory, monopolized the oil industry in the United States, and became the largest oil merchant in the world.

And the wheat he has "planted" over the years has finally ushered in a high yield.

Warren Buffett has two lifelong quotes:

In the first sentence, always remember to keep the principal.

The second sentence, always remember the first sentence.

As ordinary people, we have a limited amount of time and opportunities to make money in our lifetime.

Only with the first principle of not losing the principal can our capital continue to accumulate;

Let the money roll like a snowball, and wealth will continue to come to us.

There is never a shortcut to making money, and when you can keep your principal growing, you are already on the road to riches.

The Talmud: 5 Top Ways to Think About Making Money Chase You

2

Thinking with a smile

Psychologists believe that the degree of a teenager's smile predicts their earning power as an adult.

They found through their research;

Teens who love to laugh earn 10 percent more than average at age 29, while teens who don't laugh are 30 percent below average.

This means that people with a smiling mindset tend to make more money.

The Jews enshrined this as a guideline, and wrote in the Talmud: "A smile brings a lot of wealth." ”

In the book, there is a salesman William Waira who makes millions a year by selling life insurance.

And the secret of his money is that he has a smiling face that customers can't refuse.

However, this smiling face is not born, but is acquired through hard practice.

He was also turned away by clients again and again, but he was not discouraged and went home to practice smiling desperately.

To achieve the best results, he plastered his home with the smiling faces of celebrities and bought a large mirror so that he could adjust his expression at any time.

In this way, he gradually mastered the essence of smiling and practiced that million-dollar smile.

He said that smiling is not only an expression, but also a habit of thinking.

And people with a smile mindset are more likely to get closer to customers and benefit from them.

Donner Hilton once said:

"Smiling is the easiest, most cost-effective, most feasible service, and more importantly, smiling is the lowest cost and most profitable investment. ”

In this world, all business is the exchange of human values.

With a smile mindset, people can magnify their own advantages and gain the favor of the other party.

Always smile at others, and others will be willing to pay for your value.

Smile more, take your smile as your power to get rich, and you will become rich in the near future.

The Talmud: 5 Top Ways to Think About Making Money Chase You

3

"6 cents" thinking

There is such a story in the Talmud.

A Jew walked into a New York bank and said to the loan manager, "I want to borrow some money." ”

The manager asked, "Okay, how much do you want to borrow?"

"$1. Is that okay?"

"Of course you can, as long as there is a guarantee, it doesn't hurt to have more. ”

The Jew took a pile of stocks out of his purse and placed it on the manager's desk.

"$500,000 in total, are these guarantees enough?"

"Of course that's enough. As long as you pay 6 cents in interest and return the principal after a year, we can return the shares to you. ”

With that, the manager put away the stock and handed him $1.

The Jew took the money, said "thank you" and prepared to leave.

Just as he was about to walk out of the bank gate, the branch president, who had been watching from the sidelines, hurriedly chased after him.

And said: "Excuse me sir, I really don't understand, you have $500,000, why do you only borrow $1?"

If you'd like to borrow more, we'd love to do so......"

But the Jews laughed and said,

"Please don't worry about me, I asked several banks before I came to your bank, and their safe deposit box rental is very expensive.

So, I'm going to deposit these shares with your bank and exchange 6 cents for $500,000 safe, which is really a good deal. ”

Sometimes, the lever of the mind is just that powerful.

By simply shifting the rent-to-rent mentality to the borrowing mentality, the Jews were able to safely keep their principal.

As Bill Gates said, "Open your mind, and everything can make money." ”

If we have limited thinking, we will not see more possibilities, and if we do not know how to be flexible, we will only suffer losses and losses.

Everywhere in this world, there can be a map to the treasure.

When this road doesn't work, you might as well learn to turn the corner.

Maybe the secret of making money is hidden in your flash of inspiration.

The Talmud: 5 Top Ways to Think About Making Money Chase You

4

Game thinking

The Jews famously wrote in the Talmud: "Money is not sacred, it is not an unattainable holy thing." ”

In their view, money, like clothing, is nothing more than a useful object.

Many Jewish tycoons held tens of millions of dollars in their hands, but they never became psychologically burdened by the amount of wealth.

Here's how they describe their state:

When it comes to making money, you enter a world of games.

As a participant in the game, you'll have to constantly compete and compete with your opponents.

As long as you surpass everyone else, the final victory will be yours.

The financier Morgan adheres to this concept, and when talking about investment, he always says:

"When you play poker, you should watch every player carefully, and you will see a big wrongdoer.

If you can't see it, then the big culprit is you. ”

As a millionaire, Morgan likes to make money, but never lives for it.

When everyone else was spending money on famous cars and luxury houses, he just carefully studied the stock market of the day.

A colleague was puzzled and asked him, "You are so rich, why do you work so hard?"

Morgan said,

"Money is not important to me, but the process of making money, which is constantly being challenged, is the real fun. ”

Seeing money as a matter of course and making money as a pleasure is the mastery of Jewish businessmen.

Cao Dewang, the glass king, said: "Don't take money seriously, money is for fun." ”

Treat the process of making money as a game, and solve the problems that stand in front of you one by one by constantly fighting monsters and upgrading.

You are immersed in the process, forgetting about gains and losses, and letting go of illusory glory.

By the time you beat the game, money is just an accessory to your victory.

The Talmud: 5 Top Ways to Think About Making Money Chase You

5

Cotton thinking

If a person has no cash and no savings, how can you make money on them?

In "The Talmud", Lehman Brothers created a legend of millions of sales in this predicament.

In 1844, a Jew named Henry Lehman emigrated to a certain part of the United States to work in the grocery business with his two younger brothers.

Local farmers do not have a high income and can only live on the meager profits generated by growing cotton.

As a result, the purchasing power of farmers is very low, and it is difficult to sell the goods in Lehman's store.

What to do?

Lehman thought about it and set his sights on the farmers' cotton.

He believes that the essence of buying and selling is to make profits together, and we must not only think about making money by ourselves, but also solve the problems of the peasants.

So he encouraged everyone to exchange cotton for daily necessities.

In this way, it can not only attract those customers who do not have cash, but also drive in-store sales;

It can also provide convenience for farmers, so that they can buy what they need without having to go to other places to sell cotton.

Thanks to this method, Lehman Brothers' business went from strength to strength, and it didn't take long for them to become well-known and wealthy local businessmen.

There is a famous saying among Jews: "Even if you cancel the contract, make sure that you are win-win." ”

If a person only wants to make profits from others, it is likely that the bamboo basket will be empty.

Thinking only about himself, fortune will also take a detour from him.

Many times, winning a favorable situation for others is actually paving the way for oneself to make money.

When you learn to do things in a win-win way, making money is just a natural thing.

I have heard a saying that the essence of wealth is the realization of thinking.

People with empty heads and single thoughts can only be confined to the front of them and pass by wealth.

And when you break out of the cocoon of your mind and see the world outside the blind spot, opportunities to make money will also emerge.

As the Talmud says, "Thinking helps you to see things and benefits that others do not see." ”

If you are suffering from poverty now, you can't find an entry point to break the game.

You might as well change your mindset and learn to think like a rich man.

When you change your mindset and break through your cognitive limitations, wealth will naturally flow to you.

Give it a thumbs up and encourage your friends.

Author: Insight July

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