In this episode of Social Confoes, the hosts Diego and Jean-luc explore the world of investments, with a sharp focus on the difference between investing in oneself and investing in money. They highlight that even when an investment goes wrong, when you've invested in self-improvement, there's a valuable lesson to be learned. The duo also discusses the traps of investing in multi-level marketing schemes, elaborates on the importance of real passion in investment, and examines the significance of brand fit in partnerships. Moreover, they share their insights about the implications of technological advancements, particularly in terms of digital collectibles and crypto.
Episode Overview
* 00:00 Introduction
* 03:22 Introducing Today's Topic: Investing in Yourself vs Money
* 09:50 The Difference Between Investing and Gambling
* 11:48 Guidelines for New Investors
* 15:17 The Dangers of MLMs and Red Flags to Look Out For
* 17:35 Personal Experiences with Gambling and MLMs
* 23:27 The Thin Line Between Gambling and Sports
* 27:32 The Reality of Professional Sports Betting
* 28:51 The Power of Skill Development and Monetization
* 29:25 The Difference Between MLMs and Affiliate Marketing
* 30:05 The Importance of Building and Selling Skills
* 33:43 The Impact of Influencers on Brands and Vice Versa
* 38:46 The Risks and Rewards of Investing in Collectibles
* 43:50 The Reality of MLMs and Ponzi Schemes
* 49:54 Closing Thoughts on Investing and Vanity Metrics
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Hosts
