This Will 100x Your Revenue: Jack Welch

Jack Welch was more than just a CEO. He was a legend. He took General Electric, one of the biggest and most successful companies in history, and made it even bigger and better. He had a vision that shaped the future of business and industry. He was a leader who inspired and challenged millions of people. But he also faced criticism, controversy and backlash for his tough decisions. This is his story.

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Jack Welch was born in 1935 in Salem, Massachusetts, as an only child. His mother encouraged him to pursue his education and his athletic talents. His father, Big Jack, worked as a train conductor. Jack Welch was really good at both hockey and golf in high school, and then went on to study chemical engineering at the University of Massachusetts. He later earned his PhD at the University of Illinois.

He joined General Electric’s Plastics division in 1960, when he was 25 years old. He quickly impressed his superiors with his innovative ideas and his drive to succeed. He climbed the corporate ladder at an astonishing pace, becoming the youngest CEO in GE’s history in 1981.

But Jack Welch was not satisfied with the status quo. He saw that GE needed to change if it wanted to stay ahead of the competition. He launched a radical overhaul of the company’s culture, structure and strategy. He called it “the case for change”.

His first move was to slash the workforce by more than 40 percent, eliminating about 170,000 jobs. This earned him the nickname he hated: Neutron Jack. He said he had no choice but to cut the fat and make GE leaner and meaner.

His second move was to implement a rigorous performance evaluation system for his employees. He divided them into three categories: the top 20 percent, who were rewarded and promoted; the middle 70 percent, who were coached and developed; and the bottom 10 percent, who were fired. He said this was necessary to create a culture of excellence and accountability.

His third move was to focus on GE’s core businesses and get rid of the rest. He set a rule that every GE business had to be either number one or number two in its market, or else it would be fixed, closed or sold. He said this was essential to make GE stronger and more competitive.

Jack Welch transformed GE from a traditional manufacturing giant into a diversified global powerhouse. He reshaped the company’s image, culture and performance. He was not afraid to break the rules and challenge the conventions. 

Jack Welch had a clear vision for GE: he wanted it to be the best in everything it did. He believed that being number one or number two in the market was the only way to survive and thrive in the global economy. He based this judgment on his own experience of running different businesses within GE, some of which were leaders and some of which were followers. He saw the difference in resources, power and ease of operation.

Jack knew he had to convince his employees to embrace his vision and adapt to the changes he was making. He used various methods to communicate, motivate and inspire them. He also rewarded them for their performance and innovation.

But Jack Welch was not just a leader of people. He was also a leader of businesses. He had a keen eye for spotting opportunities and risks in the market. He was not afraid to buy or sell companies to improve GE’s competitive position and profitability.

He made 934 acquisitions during his tenure, expanding GE’s portfolio into new areas and industries. He also sold or closed businesses that he thought were unprofitable or irrelevant. He was ruthless in his decisions, but he always had a reasonbehind them.

One of his most surprising moves was to buy NBC, the television network, as part of a deal to acquire RCA. He saw the potential of NBC as a high-growth, high-cash-flow business with great people. He also saw the synergy between NBC and GE’s other businesses, such as aircraft engines and power generators.

Jack Welch was a master of strategy and execution. He transformed GE from a traditional manufacturing company into a diversified global conglomerate. He created value for his shareholders, customers and employees. 

He had a vision for GE that went beyond being number one or number two in the market. He also wanted GE to be the best in quality, speed, service and innovation. He launched four major initiatives during his tenure to achieve this goal.

One of them was the Six Sigma program, the Six Sigma program was a rigorous methodology to reduce defects and errors in products and processes by using statistical tools and techniques. A rigorous methodology is a way of doing something that is very careful and exact. It follows clear and consistent steps to reach a goal. He said that Six Sigma was not just a slogan, but a way of working that involved finding a better way every day. He said that speed was crucial in a competitive world, where customers demanded the right product at the right time at the right price.

He incorporated GE’s culture and values. He was the face and the voice of the company. He was charismatic, intelligent, driven and assertive. He was also direct and honest in his opinions and feedback. He did not mince words or avoid issues. He said what he thought and expected others to do the same.

He took over GE in a time of change and challenge. The world was becoming more globalized, more competitive and more dynamic. The old ways of doing business were not working anymore. He recognized this and acted accordingly. In his first five years as CEO, GE underwent more changes than it had seen in its previous 100 years of existence.

Cutting costs and jobs was not enough for him to make GE ready for the future. He also changed how GE worked and thought. He moved GE away from labour-intensive work and focused on high-value-added manufacturing and created a culture of innovation, empowerment and fun.

Jack introduced a new management system called the workout. It was a series of meetings where employees at all levels of GE could discuss ideas and make decisions that used to be made only by managers. His vision for GE was a company with less bureaucracy, more informality, more brain power and more ideas. 

The workout was based on this vision. He wanted people to enjoy their work and feel valued for their contributions at GE. He wanted people to grow and learn and take something home to their life outside the job.

One example of the workout in action was at a GE magnet plant in South Carolina. There were 400 workers at the plant, divided into 35 teams. Each team had an elected coach who represented them at the meetings. There were no unions at the plant, only teams.

The teams had to meet regularly to discuss their goals and challenges. They were making body scanners, a complex and sophisticated product. They had the autonomy and authority to deal with any issues that came up. 

Their teamwork and performance improved with the workout. Working became more relaxing and motivating for them. They had the freedom to choose their own tasks and manage their own time. Their opinions mattered and they got things done. Their loyalty and pride for their company and their work increased.

Jack said that all the changes he had made to GE and its employees were not based on some abstract theory or rhetoric. They were based on results. He pointed to the productivity, the success, the speed and the innovation of GE. These were the outcomes of more and more people’s ideas, he claimed. 

Jack did not care if there was a causal link between the workout and the performance of GE. The only thing that mattered to him was that GE was getting better, faster and stronger. He was not going to stop or slow down. But instead, was going to keep pushing GE forward.

He had a vision for GE that went beyond being number one or number two in the market. He also wanted GE to be a global, diversified and digital company. He pursued three more initiatives during his tenure to achieve this goal.

One of them was globalization. He expanded GE’s presence and revenues in foreign markets, reaching more than 40 percent of total revenues from abroad. He said that globalization was not just a strategy, but a necessity in a changing world.

Another one was services. He grew GE’s service businesses, such as finance and insurance, to 70 percent of GE’s revenues today. He said that services were not just a complement, but a core of GE’s value proposition.

The last one was digitization. He made every GE division embrace the web and e-commerce. He said that digitization was not just a trend, but a revolution in the way GE did business.

He earned a new nickname: e-Jack. He was always looking for new ideas and fresh thinking. He had a passion for training future leaders at GE’s Crotonville Leadership Center. He taught them to cut bureaucracy, face reality and live their dreams.

He made GE the world’s most admired company and himself the world’s most admired CEO. He had a secret: great leadership skills. He was down to earth, feisty, energetic and inspiring.

He had a huge impact on the business world. He changed the way companies were run and managed. He was admired and respected by his peers and followers. He was a role model and a mentor for many leaders.

Larry Bossidy was one of them. He worked under Jack Welchat GE, then left to run Allied Signal and Honeywell. He said that he would rank Jack as the number one businessman in the last 50 years and that Jack was far ahead of anyone else. Healso said that Jack contributed to making the US the most competitive country in the world.

Jack Welch retired in September 2001, leaving behind a legacy of success and excellence. GE was the world’s most valuable company in terms of market capitalization. But he did not measure his legacy by numbers or rankings. He measured it by culture and values.

Jack said that his legacy was that he transformed GE from an old-fashioned, rigid and hierarchical organization into an informal, flexible and meritocratic one. He created an atmosphere where everyone had a chance to reach their dreams, regardless of their race, gender or origin. Heeliminated bureaucracy and encouraged ideas from everywhere. He tried to make GE like a family business, where people mattered more than titles or rules. He made GE a place where the sky was the limit.

The Man Who Shamelessly Copied Warren Buffett: Amazing Case Study on Mohnish Pabrai

Mohnish Pabrai a renowned Indian-American value investoris a self-proclaimed “cloner” of Warren Buffett, meaning he tries to emulate his investment philosophy and principles as much as possible. But do you know how Pabrai met his idol, Warren Buffett in person? Well, it all started in 2007, when Mohnish and his best friend Guy Spier, a Zurich-based hedge fund manager, decided to bid for a charity auction for a ‘power lunch’ with Buffett. This auction is held every year by Buffett to raise money for Glide Foundation, a nonprofit organization that provides services to the poor and homeless in San Francisco.

Mohnish and Guy were determined to win the auction, as they saw it as a once-in-a-lifetime opportunity to learn from the master himself. They also considered it as a ‘Guru Dakshina’, a Sanskrit term that means offering gratitude and respect to one’s teacher. They pooled their money together and placed a bid of $650,100, which turned out to be the winning bid that year. They then had a three-hour lunch with Buffett in New York City. They asked him many questions and learned a lot from him. They also donated another $650,100 to the charity as a token of appreciation.

But that was not the end of their relationship with Buffett. After the lunch, Buffett invited them to visit him in Omaha and attend his annual shareholder meeting. He also arranged for them to meet his partner and vice-chairman of Berkshire Hathaway, Charlie Munger. They have since maintained regular contact with him through phone calls, emails, letters, and visits.

Mohnish considers his meeting with Buffett as one of the most valuable investments he has ever made in his life. He says that it has improved his investing skills and results, his personal happiness and fulfillment, and his philanthropy. He is the founder of Dakshana Foundation, a nonprofit organization that provides world-class education opportunities for exceptionally gifted children from impoverished backgrounds in India. He has received praise from Buffett for his efforts.

In this video, we will share with you the amazing story of Mohnish Pabrai and his simple but powerful investing model that made him one of the most successful and respected investors in the world.

Mohnish Pabrai was born in Mumbai, India, on June 12, 1964. He came from a wealthy family that allowed him to attend an exclusive private school in the city. At school, he saw how some people were very rich and others were very poor. He felt really bad for the poor and “untouchables” who had to live in slums, which would later inspire him to start his charitable foundation, which would be founded thirty years later.

Pabrai moved to the United States in 1983 to study computer engineering at Clemson University. After graduating in 1986 he joined Tellabs, a telecom company, where he worked for five years. He then started his own IT consulting and systems integration company, TransTech, in 1991 with about $30,000 from his own 401(k) account and $70,000 from credit card debt. He grew the company to over 100 employees and sold it in the year 2000 to Kurt Salmon Associates for 20 million US dollars.

But Pabrai was not interested in running a business. He was passionate about investing. He had read books by Warren Buffett and Charlie Munger, two legendary investors who are known for their value investing approach. Value investing is a strategy of buying stocks that are undervalued by the market and holding them for a long time until they reach their true value. Pabrai decided to follow their footsteps and started his own hedge fund, Pabrai Investment Funds, in 1999 with $1 million from his own money and some friends and family.

Pabrai’s hedge fund was inspired by Buffett’s partnerships that he ran in the 1950s and 1960s. Pabrai charged no management fee and only took 25% of the profits above a 6% annual return. He also invested most of his own net worth in the fund, aligning his interests with his investors. He followed a simple rule: invest in few businesses that he understood well, that had durable competitive advantages, that were run by honest and capable managers, and that were available at a significant discount to their intrinsic value.

Pabrai’s strategy paid off handsomely. Between 1999 and 2007, his fund returned an astonishing 37% annualized, compared to 6% for the S&P 500 index. His assets under management grew from $1 million to over $1 billion in just five years. 

Some of his best bets during this period were:

• Frontline Ltd., a shipping company that he bought in 2002 for $7 per share and sold in 2004 for $40 per share.

• Stewart Enterprises Inc., a funeral services company that he bought in 2003 for $3 per share and sold in 2006 for $8 per share.

• Horsehead Holding Corp., a zinc producer that he bought in 2005 for $9 per share and sold in 2007 for $24 per share.

Of course, not all of Pabrai’s investments were winners. He also made some mistakes and learned from them. Some of his worst bets were:

• Delta Financial Corp., a subprime mortgage lender that he bought in 2007 for $12 per share and went bankrupt in 2008.

• Horsehead Holding Corp., a zinc producer that he bought again in 2014 for $18 per share and went bankrupt in 2016.

• Fiat Chrysler Automobiles NV, an automaker that he bought in 2012 for $5 per share and sold in 2018 for $21 per share, But could have made more money if he had kept it longer because the company split into two parts and one part was Ferrari, which became very valuable.

Pabrai has written two books on his investing style: “The Dhandho Investor: The Low-Risk Value Method to High Returns” and “Mosaic: Perspectives on Investing”. In these books, he shares his insights and principles that guide his investment decisions. He also explains how he applies the concept of “dhandho”, which means “endeavors that create wealth while taking virtually no risk” in Gujarati, a language spoken by many Indian entrepreneurs.

Some of the key ideas that Pabrai advocates are:

– Cloning: Pabrai believes that one of the best ways to learn and improve as an investor is to copy the ideas and actions of other successful investors. He calls this “shameless cloning” and admits that most of his investments are cloned from other value investors like Buffett, Munger, Seth Klarman, Joel Greenblatt, etc. He says that cloning is not only ethical but also smart because it saves time and reduces errors.

 

– Checklist: Pabrai uses a checklist of over 100 questions that he asks himself before making any investment decision. He says that a checklist helps him avoid cognitive biases and emotional traps that can cloud his judgment. He also updates his checklist regularly based on his mistakes and learnings.

 

– Heads I win; tails I don’t lose much: Pabrai looks for investments that have asymmetric risk-reward profiles, meaning that the upside potential is much higher than the downside risk. He calls this “heads I win; tails I don’t lose much” and says that this is the essence of dhandhoinvesting. He gives an example of his investment in Fiat Chrysler Automobiles in 2012, when he bought the stock at around $4 per share, valuing the company at $5 billion. He realized that Fiat’s stake in Ferrari alone was worth more than $5 billion, and that the rest of the business was essentially free. He sold his shares in 2018 at around $20 per share, making a 5x return on his investment.

 

– Spawners: Pabrai also looks for companies that are able to spawn new businesses or opportunities from their existing operations. He calls these companies “spawners” and says that they can create enormous value over time. He cites Amazon as an example of a spawner, as it has spawned businesses like AWS, Prime, Kindle, Alexa, etc. from its core e-commerce platform. He also mentions Berkshire Hathaway as another spawner, as it has spawned businesses like Geico, BNSF, Dairy Queen, etc. from its core insurance operations.

 

– Global diversification: Pabrai is not afraid to invest in different countries and markets, as long as he finds compelling value opportunities. He says that he follows Buffett’s advice of being a citizen of the world and not limiting himself to any geographic boundaries. He says that he has invested in countries like India, Turkey, South Korea, Japan, etc. where he has found attractive businesses trading at cheap valuations. He says that he does not worry too much about macro risks or currency fluctuations, as long as he is confident about the quality and durability of the businesses he invests in.

So these are some of the key principles and strategies that Mohnish Pabrai follows in his investing journey. He is a great example of how one can achieve extraordinary results by learning from the best and applying simple but effective rules. We hope you enjoyed this video and learned something valuable from it. If you did, please give it a thumbs up and share it with your friends. Also, don’t forget to subscribe to our channel for more videos on finance and investing. Thank you for watching and see you next time.

Sources Used:

Mohnish Pabrai – Wikipedia

Chai  with  Pabrai – Home (chaiwithpabrai.com)

Warren Buffett: Copycat crorepati: How Mohnish Pabraimade millions by cloning Warren Buffett’s investment strategy – The Economic Times (indiatimes.com)

The Real Law of Attraction: Unlocking Hidden Secrets for Manifesting Your Dreams

You’ve been lied to. All your life, you’ve been told that some people are lucky and some are not. That some people are born to succeed and some are born to fail. That some people have it all and some have nothing. But that’s not true. There is a secret behind all this. A secret that has been kept from you for a long time. A secret that can change your life in ways you can’t imagine. This is the real truth about the law of attraction and how you can use it to get anything you want. 

You may have heard about the law of attraction before, but you probably don’t know the whole story. Most of the books and videos out there are incomplete and misleading. They tell you to just think positive or visualize your goals, but they don’t tell you how to actually make them happen. This is the real law of attraction, based on natural laws and universal principles that work for everyone, every time. 

We all have dreams and desires for ourselves and for our world. We want to be happy, healthy, wealthy, peaceful, free and so on. And these are good and noble desires. But how do we make them come true? Is it enough to just wish for them? No, it’s not. There are certain rules that we need to follow in order to attract what we want. Nature has its own way of doing things. And if we ignore it or go against it, we will not get what we want. But if we understand it and work with it, we will be able to create the reality we want. 

So, what are these rules? How do we follow them? And how do we use the law of attraction in our lives? That’s what I’m going to show you in this video. But be warned: If you don’t watch this video till the end and discover this hidden principle, you might miss out on the most important opportunity of your life. You might miss out on your true potential and purpose. You might miss out on your happiness and success. You might miss out on everything you ever wanted and more.

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These conditions are not going to happen by themselves or by some magic. That’s not how it works. This is a key point to understand. We need to learn certain things. Knowledge is required. Knowledge that will motivate us to act. That’s what we need. This knowledge is occulted, meaning hidden. But don’t be scared by the word occult. It simply comes from Latin. The Latin word occultus means hidden, hidden from sight. The information about natural law is occulted knowledge. It is knowledge that has been kept from humanity. 

Some people know a lot of things that most people don’t. Imagine a pyramid with different levels. The higher you go, the more you know. But there are fewer people at the top. The lower you go, the less you know. But there are more people at the bottom. This is how knowledge and ignorance work in our world. What kind of things do the people at the top know? They know two main things that are very important. They are called secrets or mysteries. The first thing they know is how our minds work. How we think, feel, and see the world. The second thing they know is how the universe works. How there are rules that affect what happens to us based on what we do. Some people call these rules karma, or moral law, or God’s law. Why don’t they share this knowledge with us? Because they want to have power over us. They want to control us by using their knowledge to manipulate our minds, emotions, and perceptions. They don’t want us to learn this knowledge for ourselves. That’s why they keep us busy and distracted with things that don’t matter. Like the news, video games, TV shows, and so on. They don’t want us to see the truth behind our reality.

Let’s use the highest ultrasound frequency to represent the truth. When you hear a low sound, it’s like a deep rumble. When you hear a high sound, it’s like a sharp beep. And if the sound gets too high, you can’t hear it anymore because it’s out of your range. It’s the same with awareness. The higher your awareness, the better you can see the truth. But remember, what you see is not what is. It’s just how you see it.

We have different parts of our brain that do different things. The lowest part of our brain is the reptilian brain. It’s the part that controls our survival instincts and reactions. We don’t think with this part, we just act. The middle part of our brain is the emotional brain. It’s the part that makes us feel happy, sad, angry, or scared. It also helps us bond with others and remember things. The highest part of our brain is the thinking brain. It’s the part that makes us smart and creative. It also helps us understand and communicate. Our thinking brain has two sides: the left side and the right side. They are like twins, but they have different personalities. The left side is good at logic, math, science, and facts. It likes to think in steps and order. The right side is good at art, music, imagination, and feelings. It likes to think in patterns and pictures. We can also think of these sides as our male and female energies. When we use both sides equally, we are fully awake and aware. We can see the truth and we can do the right thing. Sometimes people think that being smart is only about using the left side of the brain, but that’s not true.

Being smart is not only about knowing facts and logic. It’s also about being creative and caring. That’s what intelligence means. It’s a combination of intellect and creativity. It’s using both sides of your brain together. It’s thinking with your head and your heart. That’s real intelligence. Whole intelligence. And many people in our world don’t have that. They have a problem with their brain balance. If they use their left side too much, they will let their reptilian brain take over. They will become selfish and greedy. They will act like bullies and tyrants. 

But if they use their right side too much, they will let their emotional brain take over. They will become too emotional and naive. They will act like victims and followers. There is a way to avoid these problems. It’s by following the natural law. The natural law is a set of rules that the universe follows. It affects what happens to us based on what we do. There are seven main rules of the natural law, and one more rule that is hidden and very important. Let’s call it the lost rule.

These rules can help us understand the universe and how to get what we want. They can show us the hidden knowledge that some people don’t want us to know. These are the seven main rules of the natural law: mentalism, correspondence, vibration, polarity, rhythm, cause and effect and gender. 

  • The rule of mentalism says that everything comes from our mind. Our mind creates our reality. 
  • The rule of correspondence says that what happens above is like what happens below. What happens inside is like what happens outside. This means that there is a connection between everything. What we see reflects what we are. 
  • The rule of vibration says that nothing is fixed or solid. Everything moves and shakes. And everything is made of energy that can change its shape, speed, and form. 
  • The rule of polarity says that everything has two sides to it. There are opposites in everything that exists. Everything has good and bad, hot and cold, light and dark. But these opposites are not really different. They are just different levels of the same thing. 
  • The rule of rhythm says that everything changes and repeats. Everything has its ups and downs, its beginnings and endings. Everything follows a pattern or a cycle. There are forces that push and pull everything in different directions. The more something goes one way, the more it will go the other way later. 
  • The rule of cause and effect says that everything happens for a reason. Every action has a consequence and every consequence has a cause.
  • The last rule of the natural law is gender. Gender is everywhere. Everything has its male and its female sides or energies. We already saw that with our brain, our awareness, our perspective and so on. Gender is not only about our bodies. It’s also about our spirit, our mind, our emotions. Everything.

There is one more rule of the natural law that is very important. It’s the rule that links all the other rules together. It’s the rule that makes everything else work. But it’s hidden because we don’t use it enough. Here’s what that rule is. It’s the rule that makes things happen. It’s the reason that we do anything. The hidden rule is the power of care.

What we care about every day is what makes us think and do things. Remember what I said we need to grow? The heart, the mind and the guts. Right? Heart, mind, guts. In that order. Care comes first. You have to care enough to learn, to get the knowledge. And then you have to act on it and use it. Do it. That’s the order. Heart, mind, guts. Care, knowledge, action. Those are the steps and all three of them have to be there. That’s what unity awareness is. It’s when our thoughts, emotions and actions are in harmony. The three parts of our awareness. So that there is no contradiction between them.

Our thoughts, our words, our feelings and our actions are all the same. There is no difference. That’s unity awareness. So, care to learn is what makes us think and do things. It also makes our life better or worse here on Earth. Care to know is what creates everything. That’s why it’s called the creative rule. Think of the heart as a machine in the body. What does a machine do? It makes energy. It moves the life force through the blood in the body. In every old tradition, they say that the life force is in the blood. The heart is what pushes that through the whole body and keeps us alive. The brain is very important, as we saw before, but the heart is what really makes our experience because what we care about decides what we think about most of the time and how we act.

Secret Formula Behind Disney’s Insane Success

Disney, the company that has brought us some of the most beloved stories, characters, and experiences of all time. The company that has dominated the entertainment industry for almost a century. The company that has shaped our culture and society in countless ways.

But how did they do it? What are the secrets behind their phenomenal success? And how can you apply them to your own life and business?

That’s what we are going to reveal in this video. We are going to explore the vision and values of Walt Disney, the founder and genius behind the Disney empire. We are going to discover the four Cs that made his dreams come true: curiosity, confidence, courage, and constancy. And we are going to see how Disney has impacted our world with its stories, innovations, lessons, and connections.

So buckle up and get ready for a magical journey. Because this video will change the way you look at Disney and yourself forever.

Disney is a household name that is same as magic, wonder, and quality. From its iconic characters like Mickey Mouse and Cinderella, to its blockbuster franchises like Marvel and Star Wars, to its theme parks like Disneyland and Disney World, Disney has fascinated generations of audiences with its stories, products, and experiences.

But how did Disney achieve such a phenomenal success? What is the secret formula that made it stand out from the crowd and grow into a global empire?

The answer lies in the vision and values of its founder, Walt Disney.

Walt Disney was born in Chicago, Illinois on December 5, 1901. He had a passion for drawing and storytelling since he was a child. He took art classes, worked as a commercial illustrator, and moved to California in the early 1920s to pursue his dream of becoming an animator.

He set up the Disney Brothers Studio with his brother Roy, and created his first successful character, Oswald the Lucky Rabbit. However, he lost the rights to Oswald due to a contract dispute with his distributor. Instead of giving up, he came up with a new character that would change his fate: Mickey Mouse.

Mickey Mouse debuted in 1928 in Steamboat Willie, the first cartoon with synchronized sound. The public loved Mickey’s personality and humor, and he became an instant sensation. Walt Disney then added more characters to his roster, such as Donald Duck, Goofy, and Pluto. He also experimented with new technologies and techniques, such as colour, music, special effects, and realism.

In 1937, he released his first feature-length animated film: Snow White and the Seven Dwarfs. It was a huge gamble that cost $1.5 million and took four years to make. Many people doubted that anyone would sit through a 90-minute cartoon. But Walt Disney proved them wrong. Snow White was a masterpiece that enchanted audiences and critics alike. It earned $8 million at the box office (equivalent to $140 million today) and won an honorary Academy Award.

Snow White was followed by more classics like Pinocchio, Fantasia, Dumbo, and Bambi. Walt Disney also expanded into live-action films, documentaries, television shows, merchandise, and theme parks. He was always looking for new ways to entertain and inspire people.

He once said: “Somehow I can’t believe that there are any heights that can’t be scaled by a man who knows the secrets of making dreams come true. This special secret, it seems to me, can be summarized in four Cs. They are curiosity, confidence, courage, and constancy.”

These four Cs were the core values that guided Walt Disney throughout his career and life. Let’s take a closer look at each one of them.

Curiosity: Walt Disney was always curious about the world around him. He wanted to learn new things, explore new possibilities, and create new experiences. He was never satisfied with the status quo or complacent with his achievements. He always asked questions like “Why?” “What if?” and “How?” He was always looking for new challenges and opportunities to grow.

Confidence: Walt Disney had a strong belief in himself and his vision. He trusted his instincts and followed his heart. He did not let fear or doubt stop him from pursuing his dreams. He did not care about what others thought or said about him or his work. He had a clear goal in mind and worked hard to achieve it.

Courage: Walt Disney faced many obstacles and failures in his journey. He lost his first studio in Kansas City due to bankruptcy. He lost his first successful character Oswald due to a contract dispute. He faced criticism and scepticism from many people who did not share his vision or appreciate his work. He faced competition from other studios who tried to copy or surpass him. 

But Walt Disney never gave up. He never let adversity or hardship discourage him from pursuing his dreams. He always faced his challenges with optimism and resilience. He once said: “All the adversity I’ve had in my life, all my troubles and obstacles, have strengthened me… You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you.”

Constancy: Walt Disney was consistent in his vision and values. He never compromised on his quality or integrity. He always delivered his best to his audience and customers. He always stayed true to his brand and identity. He always followed his passion and purpose. He once said: “I do not like to repeat successes I like to go on to other things.”

These four Cs: curiosity, confidence, courage, and constancy, were the secret ingredients that made Walt Disney’s dreams come true. But he did not keep them to himself. He shared them with his team, his partners, and his fans. He inspired millions of people around the world with his stories, his characters, and his legacy.

In 1955, Walt opened Disneyland in Anaheim, California. It was the first of its kind: a large-scale amusement park that featured different themed lands based on Disney’s films and characters. Walt called it “the happiest place on earth” and personally supervised every aspect of its design and operation. He also hosted a weekly television show called Walt Disney’s Disneyland that promoted the park and showcased his latest projects.

Disneyland was a huge success and attracted millions of visitors from around the world. Walt also planned to build more theme parks in other locations, such as Florida and Tokyo. He also envisioned a futuristic city called EPCOT (Experimental Prototype Community of Tomorrow) that would showcase new technologies and innovations for a better society.

Unfortunately, Walt did not live to see his dreams come true. He died of lung cancer on December 15, 1966 at the age of 65. He left behind a legacy of creativity and innovation that continues to influence generations of artists and entertainers.

Disney’s impact on culture

Disney’s influence is not limited to the entertainment industry. Disney has also shaped our culture and society in many ways. Here are some examples of how Disney has impacted our world.

o Disney has promoted diversity and inclusion through its films and characters. It has featured stories and heroes from different cultures, races, genders, and backgrounds. From Mulan to Moana, from Aladdin to Zootopia, Disney has celebrated the richness and beauty of our diverse world. The company has also challenged stereotypes and prejudices through its portrayals of women, minorities, animals, and villains. They haveshown us that anyone can be a hero, regardless of their appearance or origin.

o Disney has sparked our imagination and creativity through its innovations and technologies. They pioneered many breakthroughs in animation, sound, colour, special effects, and realism. Disney has also introduced new genres and formats, such as musicals, documentaries, live-action remakes, and computer-generated imagery. Disney has also created immersive experiences through its theme parks, resorts, cruises, and merchandise. Theyhave shown us that anything is possible with imagination and creativity.

o Disney has taught us valuable lessons and morals through its stories and characters. Disney has explored universal themes such as love, friendship, family, courage, loyalty, honesty, and justice. They have also addressed social issues such as environmentalism, feminism, racism, and classism. They have shown us that we can overcome our challenges and achieve our dreams with hard work and perseverance.

o Disney has influenced our language and expressions through its songs and quotes. They have produced some of the most memorable songs and quotes in history. From “Hakuna Matata” to “Let It Go”, from “A Whole New World” to “You’ve Got a Friend in Me”, from “To Infinity and Beyond” to “Just Keep Swimming”, Disney has enriched our vocabulary and emotions with its catchy tunes and inspiring words.

o Disney has connected us with each other through its fandom and community. They have a loyal fan base that spans generations and continents. Disney fans share their love and passion for their favourite films and characters through social media, fan clubs, conventions, cosplay, fan art, fan fiction, podcasts, blogs, and more. Fans also support each other through charity events, volunteer work, online forums, meet-ups, and more. Disney hasshown us that we are not alone in our dreams and aspirations.

Disney is more than just a company or a brand. It is a phenomenon that has touched our lives in many ways. It is a source of entertainment, education, inspiration, and connection. It is a legacy that continues to grow and evolve with each generation.

Walt Disney once said: “All our dreams can come true if we have the courage to pursue them.” He proved that with his own life story. And he inspired us to follow our own dreams as well.

That’s it for today’s video. We hope you enjoyed it and learned something new. If you did, please give us a thumbs up and share this video with your friends. And don’t forget to subscribe to our channel for more videos like this. Thank you for watching and we’ll see you in the next video. Bye!

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“I GOT RICH WHEN I UNDERSTOOD THIS” – Warren Buffett

Warren Buffett has been able to achieve remarkable returns for himself and his shareholders over the years by following one simple but powerful habit of reading and studying annual reports.

An annual report is a document that publicly traded companies issue every year to disclose information about their financial performance, operations, strategy, and outlook. It is a valuable source of information for investors who want to learn more about a company and its potential.

But not all annual reports are equally informative and transparent. Some are more comprehensive and candid than others. Some are more oriented toward promoting the company than reporting the truth. Some are more relevant and useful than others.

So, what does Warren Buffett look for in annual reports? And what would he like to see more of? In this video, we will explore some of the insights and principles that guide his analysis of annual reports and how he applies them to his investment decisions.

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Here are some insights from Warren Buffett’s own words:

● Buffett looks for reports that reveal the personality and mindset of the CEO and how they think about the business and its future. He wants to know what happened in the past year, what challenges and opportunities lie ahead, and how the CEO plans to deal with them. He wants to read a report that is honest, candid, and realistic. He does not want to read a report that is full of jargon, excuses, or projections that are too optimistic or pessimistic.

● Buffett looks for reports that provide information about the industry and the competitive landscape. He wants to know how the company is doing relative to its peers and what its market share, margins, and trends are. He wants to understand the industry backdrop against which the company operates and how it affects its performance. He does not want to read a report that is vague, incomplete, or misleading.

● Buffett looks for reports that are not sales documents but rather educational documents. He wants to learn something new from reading a report, not just hear what he already knows or what the company wants him to hear. He wants to see facts, figures, and analysis, not hype, fluff, and spin. He does not want to read a report that is biased, superficial, or unreliable.

● Buffett reads reports from other companies in the same industry as well as from different industries. He likes to broaden his knowledge and perspective by reading about various businesses and sectors. He believes that outside information is more useful than inside information when it comes to investing. He does not want to read a report that is isolated, outdated, or irrelevant.

● Buffett ignores reports from Wall Street analysts and brokers. He thinks they are biased, superficial, and unreliable. He prefers to do his own research and analysis based on primary sources such as annual reports. He does not want to read a report that is influenced by conflicts of interest, incentives, or agendas.

By following these guidelines, Warren Buffett has been able to find great companies at fair prices and hold them for the long term. He has also been able to avoid bad companies at cheap prices and short-term fads that often end up losing money.

By reading Annual Reports carefully and critically, Warren Buffett has been able to gain an edge over other investors who rely on second-hand opinions or superficial impressions.

Here are some practical examples of how Warren Buffett used annual reports to make his investing decisions:

● In 2011, Buffett invested $10.7 billion in IBM after reading its annual report and being impressed by its “road map” for future growth. He said he liked how the CEO explained his vision and strategy for the company and how he measured his progress. 

● In 1988, Buffett started buying shares of Coca-Cola after reading its annual report and being convinced by its strong brand and customer loyalty. He said he liked how the company had a simple business model that was easy to understand and had a global appeal. 

● In 1972, Buffett bought See’s Candies after reading its annual report and being attracted by its high profit margins and consistent earnings growth. He said he liked how the company had a loyal customer base that was willing to pay more for its products every year. 

● In 1964, Buffett sold his shares of American Express after reading its annual report and being alarmed by its exposure to a fraud scandal involving salad oil. He said he liked how the company had a strong reputation and a diversified business, but he was not willing to take the risk of losing money due to the fraud.

Reading annual reports may not be the most exciting or glamorous activity, but it can be one of the most rewarding and profitable ones. It can help us gain valuable insights into the companies we invest in or are interested in investing in. It can help us understand the industry dynamics and the competitive advantages of the businesses we own or want to own. It can help us make better decisions and avoid costly mistakes.

As Warren Buffett once said, “Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest.” Reading annual reports is one of the best ways to build up our knowledge and compound our returns. It is one of the habits that made Warren Buffett one of the greatest investors of all time.

If you want to invest like Warren Buffett, you should start by reading like Warren Buffett.

How to Turn Thoughts into Reality – Joseph Murphy’s Simple Visualization Techniques

You have the power to create your own reality. You have the power to use your imagination to attract anything you want. This is not a fantasy. This is a reality. There’s a scientific technique that can help you unleash this power: visualizing. Visualizing is a way to shape and expand your mind to make room for the manifestation of your wishes. In this video, we’re going to discover how visualizing works based on the insights of Joseph Murphy, the author of the best-selling self-help book The Power of Your Subconscious Mind. Murphy says that whatever beliefs, thoughts and opinions we sow in our subconscious mind are mirrored in our experiences. So how can we get our subconscious mind to align with us? How does visualizing the desire help us overcome negative thoughts? Keep watching to find out.

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Michelangelo, a renowned sculptor of all time, once famously quoted, “I saw the angel in the marble and carved until I set him free.”  He saw David in the marble. His mental imagery allowed him to create a masterpiece from his subconscious mind. In a similar way, when we visualize our desires, we become immersed in the state of having them and it activates our minds to work on our behalf. This is what makes visualizing your desire important. Let me share a story with you to show you how visualizations help us live in the state of having our desires. Imagine a woman, named Anna who always dreamed of becoming a famous painter.

She loved art and had a natural talent, but she lacked exposure and recognition. She worked as a graphic designer in a small company, barely making enough money to buy her paints and brushes. She felt frustrated and unfulfilled.

One day, she learned about the power of visualization and how it could help her achieve her goals. She learned that by imagining herself in the situation she wanted, she could feel the emotions of having it, and could influence her subconscious mind and attract it into her reality.

She decided to give it a try. Every evening before going to bed, she would close her eyes and imagine herself in a big art gallery, surrounded by her paintings. She would see the colours and shapes, hear the compliments and praises, smell the paint and canvas, and touch the awards and trophies. She would fall asleep in this state of mind, feeling proud and happy.

One day, while she was working at the company, a woman approached her and introduced herself as an art curator. She said she had seen her portfolio online and was impressed by her work. She asked her if she was interested in exhibiting her paintings in her gallery.

Anna accepted the offer and signed the contract. She was overjoyed. She realized that by visualizing her desired outcome and feeling the emotions of having it, she had lived in the state of having her desire and attracted it into her reality.

The amazing thing is that our subconscious mind can’t distinguish between reality and imagination. If you imagine it, it will produce the same emotions and feelings that it will produce in reality. According to Joseph Murphy, there are two parts of the brain: one is the conscious mind while the other is the subconscious mind.

The conscious mind generates emotions and feelings that influence our attitude, behaviour, decisions and actions in our daily lives. The subconscious mind can’t tell the difference between imagination and reality. It just follows the instructions from the conscious mind in the form of thoughts and creates the corresponding emotions or feelings. Because it is connected to the conscious mind, whatever the conscious mind sends to it, it accepts without questioning and considers it true. Now, if we imagine a scene in our conscious mind, our subconscious mind will treat it as true and it will produce the same emotions and feelings that it would in a real situation. Now, the truth is that the mind has a tendency to support our beliefs so that they get stronger. It guides us to circumstances and situations that are compatible with our beliefs. This is natural. We pay more attention to things that are important to us or that we think often about.

For instance, when you move to Japan as an English speaker, you will naturally pay more attention to those who speak English than those who don’t. This is how our minds work. We are drawn to situations and circumstances that match our beliefs. Whatever you visualize and feel strongly, circumstances will make it happen in reality. It doesn’t matter what it is, it will manifest in real form. You see, we all have a natural tendency to live with people who are similar to us. We like to be around people who share our thoughts, style and language. It’s natural. We tend to attract people who are like us. Likewise, what we believe or think about most of the time becomes real. And similarly, whatever scene we imagine becomes real.

Pharmaceutical scientist and author Doctor David Hamilton PhD has studied the mind-body connection and says in his book “It’s The Thought That Counts: Why Mind Over Matter Really Works” that thoughts, feelings and intentions are strong enough to affect our genes.

According to him, everyone can harness the power of thoughts and feelings to bring about positive health effects. He also talked about visualization and suggested many visualization techniques that are used by thousands of people around the world. In an article titled Visualization Alters the Brain and Body, he writes: “Your brain cannot tell the difference between something that’s real and whether you are just imagining it.” In his book, he refers to an experiment done by scientists at Harvard University involving brain scans and imagery. 

The scientists taught a simple five-finger combination of piano notes to a group of people who practiced it for two hours a day for five consecutive days. Another group of volunteers didn’t actually play the notes but just imagined playing them. They visualized the same combination for the same time period: two hours a day for five consecutive days. Doctor Hamilton says that the brain scans of those who practiced physically and of those who just imagined it were the same. It’s because the brain can’t differentiate between what’s real and what’s imagined. Using visualizations, we can make positive impressions on our subconscious mind which will lead us to experience the desired circumstances in our lives.

Now, let’s discuss what visualization techniques or methods you can use to visualize your desire. What methods are considered to be the most effective? Well, here I will share with you some of the best methods recommended by Joseph Murphy and other famous self-development teachers. 

The first method is to meditate on the condition that you want to produce. Doctor Wayne Dyer, an internationally renowned author and speaker in the field of self-development, writes in his book: “Continuously contemplate yourself as being surrounded by the conditions you wish to produce.” He explained this idea with an illustration by saying: “The Wright brothers didn’t contemplate the staying on the ground of things. They contemplated flying.”

The second technique involves meditating on a word or affirmation. This is a very simple technique. Here, you write an affirmation, a phrase or even a single word that expresses your desire. For example, if you want to become a well-known author, you can write something like: “I am an internationally recognized author.” Write it on a note card and focus on it for two to five minutes in the morning. Soon, that phrase or word expressing who you want to be or what you want to get will be impressed on your subconscious mind. This technique is very effective because in the morning your mind will be sharp and at its full potential and you will be able to imagine better what you want to manifest in your life. Some experts suggest practicing this technique for 21 days but according to Joseph Murphy, it depends on many factors. For instance, what it is that you want and what your beliefs are about your desire. It also depends on emotions and feelings. If you feel your desire more deeply with strong and positive emotions, you will be able to visualize it more clearly and it will become your reality.

The third visualization technique is the mental movie technique. This is Joseph Murphy’s famous technique and he talks about it many times in his book. There is a famous Chinese proverb: “A picture is worth a thousand words.” William James, the father of American psychology, stressed the fact that the subconscious mind will bring to pass any picture held in the mind and backed by faith. Act as though I am and I will be. In this technique, you simply create a movie of what you want. It’s actually a scene that suggests what will happen when you manifest your desire or how you will manifest it. You imagine and visualize this scene again and again with strong emotions, just like it is happening in reality.

If you successfully create such a scene and imagine it daily for some time with emotions and feelings, life will lead you towards a situation where it will happen to you in reality. Joseph Murphy suggests practicing this technique in the morning when you wake up and at night before you go to bed. The more you practice this technique, the more the scene feels real to you. When you start feeling it, you will start living it. You will automatically enter a situation or state where you will get what you want. 

The fourth useful visualization technique is the use of a vision board. A vision board can actually add clarity and make dreams and goals indelible in the mind. On a poster board of any size, paste pictures, symbols and words from magazines and other sources onto the board. Use creativity and intention and think about all that you desire, from the vacation to Italy to completing that long-standing project. Keep this board in a place where you can see it daily. It is a good idea to write affirmations or phrases that remind you of your desire. Whenever you look at it, you will automatically visualize your desire. Well, now we have discussed four techniques that can help you visualize your desire. But many people complain that visualizations don’t work. 

Let’s talk about the reasons why the techniques might not work so you can avoid them from the start. Failure is usually caused by a lack of confidence and trying too hard. Joseph Murphy says many times in his book: “Easy does it.” You just need to ask, trust and let go in order to receive. The process is simple. Negative thoughts and doubts such as “things are getting worse”, “this is not going to work” and “it’s hopeless” can easily lead to failure if they are said often with intensity and emotion. Dismiss all the negative thoughts that enter your mind about yourself or your desires and refuse to give them any significance or attention. Cancel out the negative thoughts as soon as you notice them.

Remember, you have the power to create your own reality with your thoughts and imagination. Trust in yourself and the process, and let go of the outcome. You are capable of amazing things. Thank you for watching and I’ll see you in the next video. Till then Stay positive and dream big.

How to Manifest a Specific Person – Neville Goddard

Neville Goddard, one of the greatest teachers of manifestation, had a secret concept that changed his life and the lives of thousands of his followers. A concept that will help you understand how reality works and how to shift into the one you want. A concept that will make manifestation easy and fun for you. And it’s the key to unlocking your manifestation power. But most people don’t know about it or don’t understand it. And they end up frustrated and disappointed with their results. That’s why in this video, I’m going to reveal to you this concept and how you can use it to manifest a specific person in your life.

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You may be curious about this idea. Well, let me tell you, this is the secret to unleashing your manifestation power. This is the idea that reveals how all the methods work and how the universe works. But unfortunately, most people don’t get this idea and they end up feeling frustrated and unhappy with their outcomes. But don’t stress. I’m going to make it easy for you in a simple and straightforward way. Picture this: what if there are endless realities out there and every time you make a decision, you switch into a different one? What if Neville Goddard and all the other spiritual teachers were right when they said that anything you can dream of, you can make? 

This is the idea of parallel reality and quantum hopping. It means that every possible outcome of your choices and actions already exists in a different reality, and you can switch between them by changing your state of mind. Quantum hopping is a technique that allows you to access these parallel realities and choose the one that matches your desired manifestation. You don’t create anything new; you just align yourself with what already exists. You can literally jump into a reality where you have what you want, and experience it as if it was always yours.

But you might wonder: how can we manifest all these things? How can we reach these endless realities? Well, it’s actually very easy once you understand the idea of how creation is done. This is one of Neville Goddard’s most famous and powerful teachings. He said that everything that ever was, is, or will be already exists in the eternal now. There is nothing new to create, only to choose. This idea might shock you, but it’s the truth. If everything is already made, then why are we still trying to make things? If everything is already ours, why do we still want them? Why do we still have trouble manifesting our wishes? Think about it: why do you want to manifest something that is already yours? What are you really trying to do?

Well, let me tell you: you’re trying to change your state of being. You’re trying to move from one reality to another. You see, thoughts are just thoughts. They don’t have any power by themselves. But when you act on a thought, you give it life. You make it real. As Neville said, acting on an idea or thought means shifting into a new reality. We have thousands of thoughts every day, but we only act on a few of them. And those are the ones that shape our lives. Whatever you do, you’re acting on some thought or some idea. And that’s what causes you to change your state. If you visualize, you change your state to match your vision. If you affirm, you change your state to match your words. When creation is finished, it means that every possible state already exists. There is a state where you have no money and a state where you have millions of dollars. There is a state where you’re crying and a state where you’re smiling. There is a state where you have your specific person and a state where you don’t. It’s up to you which state you want to enter. You can enter any state you want because creation is finished and everything is yours. But what determines your fate is your decision to act on a thought.

So, how do you act on a thought? How do you change your state? Well, it’s very easy. You just have to pick the thought that matches the state you want to be in. You have to align your awareness with the reality you prefer. You have to act as if you already have what you want. When you do that, you switch into a parallel reality where your desire is already done. You see, parallel realities exist because everything exists. There are endless versions of you and everything else in the universe. Each version has a different reality based on their thoughts and beliefs. There is a version of you that is super rich and a version of you that is super poor. There is a version of you that is happy and a version of you that is sad. There is a version of you that has your specific person and a version of you that doesn’t. You can access any version of you by changing your thoughts and beliefs. You can jump from one reality to another by choosing the one you want. You don’t make anything new; you just select what already exists. This is what quantum physics calls quantum hopping. Moving from one state to another is quantum hopping. This is what Neville Goddard meant when he said that the end of your desire is entering the state of wish fulfilment. This idea is based on quantum hopping.

Now, let’s talk about a very popular topic: how to manifest a specific person using quantum hopping. You might have heard some people say that manifesting a specific person is wrong or impossible. They say that you can’t interfere with someone else’s free will. They say that you can’t make someone love you or be with you. They say that you can only attract someone who is compatible with you. Well, guess what? They’re wrong. According to the idea of infinite realities, manifesting a specific person is not only possible, but also easy and ethical. You see, the person you want to manifest has endless versions of themselves, just like you do. There is a version of them that is crazy about you. There is a version of them that loves you with all their heart and soul. There is a version of them that lives with you and you both have a happy relationship. So when you try to manifest a specific person, you’re not forcing them or controlling them. You’re simply picking the version of them that matches your desire. You’re simply hopping into the reality where you and them are together.

So, how do you choose the version of them that you want? How do you hop into the reality where you and them are together? Well, it’s very simple. You just have to act on the thought that implies that you are already with them. You have to feel the feelings of being in a relationship with them. You have to assume that they love you and want to be with you. You have to act as if they are already yours. When you do that, you shift into the parallel reality where you and them are a couple. You see, the way others treat you and feel about you depends on who you are and what state you’re in. Others are just mirrors of your own consciousness. There is nothing to change but yourself. So by understanding the concept of shifting realities or changing states, you can easily see that you’re not hurting anyone when you manifest a specific person. You’re just saying goodbye to the version of them that doesn’t match your desire and hello to the version of them that does. What’s wrong with that? Do you see any harm in choosing the version of someone that makes you happy? It’s totally fair to choose the version of someone that you love the most. You’re choosing what you want and nothing else. Now, what about the third party? Do you hurt them when you manifest your desired person? Let me tell you this: if you worry about that, you will create problems for yourself and block your manifestation. Look at it this way: there is no third party in your reality. The third party has their own reality where they are happy with someone else. Your specific person and the third party realized that they were not meant for each other and that your specific person belongs to you. What I’m trying to tell you here is that you must always feel at ease when you’re manifesting your desire.

Don’t ever think negatively when you try to manifest anything, because negative thoughts will sabotage your manifestation. The law of assumption is all about believing in your desired outcome and ignoring your current reality. To experience something wonderful, you must give positive meaning to everything. Both positive and negative things exist, because everything exists. So now you have to choose what state you want to be in and what reality you want to live in. You have infinite possibilities and it’s up to you what you want to create. This law of quantum hopping can be applied to anything and everything you desire. You just have to be creative and turn inward instead of looking outward. Be creative and start seeing life as a playground of infinite choices. 

You only need to become aware of your thoughts and things will start working in your favour. When you are aware of your thoughts, make sure you choose only positive ones to act on. If you deliberately or accidentally choose negative thoughts and ideas to act on, you will simply attract misery and unwanted situations into your life. Acting on thoughts and making decisions can make you happy or unhappy. Life is what you make it. You are free to do whatever you want. You have millions of thoughts and each thought leads you to a different reality. But here you have to choose positive thoughts so that you can manifest the things that you love. This is what you’ve been doing since you were born. Whatever has happened in your past was your choice. Nobody forced anything on you and nobody ever will. You are the only one responsible for everything that happens in your life. So be wise and think positively.

I hope you enjoyed this video and learned something new about the concept of parallel realities by Neville Goddard. And of course, this doesn’t mean that we agree with everything he said or taught, because in the end, everyone has their own perspective and that’s why we are exploring and discussing his ideas and methods to better understand his philosophy and techniques. He was a great teacher and inspired millions of people around the world. If you want to share your thoughts or experiences, please leave a comment below this video. Thank you for watching and I’ll see you in the next video.