Passive income is a lie—focus on work, not watches

0:00I hit a hundred million dollars in net worth at age 31, but before that I lost all my money twice. So this is no BS advice for making money and keeping it. Passive income is a lie. If you can't buy it twice, don't buy it once. You should only have to get rich once. If you never learn to manage your time, you're never going to learn to manage your money. Most people overestimate what they can accomplish in a year and they underestimate what they can accomplish in a decade. Check your bank account before you check social media first thing in the morning. The biggest cost that you have is ignorance. The idea that you're going to spend now, work later is the fundamental crux of poverty. Because to impress poor people, you outspend them. To impress rich people, you outwork them. A watch isn't going to replace work. A Rolex isn't going to replace reality. Invest then spend the rest. The pain that you go through in the moment often becomes the purpose that you look back on in your life.