#249 - Uncovering The Scam Of Get Rich Quick Fixes

The Isaac Velez Show

On today's episode of The Isaac Velez Show, we discuss the allure of get rich quick fixes and why they often turn out to be scams. We talk about examples of fraudulent businesses like Enron and Nikola and highlights the importance of understanding motives and character in business relationships. Lastly we emphasizes the need to trust oneself and make decisions based on long-term success rather than short-term gains. This is an episode you won't want to miss.

— Chapters —

[00:00] Introduction: The allure of get rich quick fixes

[01:11] Examples of scams and fraudulent businesses

[02:09] The appeal of quick fixes and scams

[03:08] Optimizing for short-term vs long-term success

[04:06] Understanding motives and character in business

[05:12] The importance of trusting oneself

[06:10] Differentiating between gambling and uncertainty in business

[07:07] Risk management in business

[08:14] The importance of persistence and not quitting

[10:05] Optimizing for long-term success and building authentic relationships

[10:32] Conclusion: The importance of aligning actions with long-term vision

Welcome to The Isaac Velez Show, the top business and personal development podcast for Relentless Entrepreneurs, the visionaries of the world passionate about influencing, innovating, and investing in real impact. Hosted by Isaac Velez, Peak Performance Coach, our show is the breeding ground of holistic success, with conversations about Stoicism, Productivity, Flow State, and much more. For over 3 years, we have hosted world class conversations on how you can elevate your business and life.

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