15 Reasons Why SMART People Stay POOR
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In this Alux original video, we're breaking down why people who are perceived as smart in society (high IQ, good grades in school) usually end up broke or struggle financially.
00:00 - Intro
00:53 - They Don’t Do the Things That Make Rich People Rich
01:51 - They Think They’re Smarter Than They Are
02:35 - A Lot of Declarative Knowledge but Little Procedural Knowledge
03:23 - They’re Bitter and Angry Because It Wasn’t Handed to Them
04:14 - They Go for Prestige Over Profits
05:38 - They Overanalyze Every Opportunity Until It’s Gone
06:25 - They Spend Decades Perfecting Skills the Market Stopped Paying For
07:41 - They Solve $10 Problems with $100 Worth of Time
08:55 - They Believe Complexity Equals Value (Clients Pay for Clarity)
10:09 - They Believe They Already Know Everything
12:02 - They Look Down on Soft Skills
13:02 - They Double Down on Sunk Costs
14:05 - They Romanticize Artisan Craftsmanship (The Market Wants Scale)
15:00 - They Marry Another Intellectual (Double the Analysis Paralysis)
15:58 - They Believe Great Work “Speaks for Itself”
16:47 - Bonus
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