In this podcast, we go through the Indian education system which systematically oppresses the young entrepreneurs and suppresses the fact that there are various alternatives to make money other than having a job where you work for others or being in academics.
We talk about whether money gives us happiness, how money-generating assets is a life-changes if you want to be rich and not worry about money. The multiple streams of money which can be cultivated in your life by developing new skills from scratch etc.
Vihan Chelliah has a Masters's Degree from the University of Southern California.
1:23 Guest: Vihan Chelliah
1:48 exposure to creative auxiliary industries
2:19 schools don't teach you about other streams of income
3:03 do not work for money
3:30 job security and risk-taking
4:38 seek out financial information
5:35 budget your finances
6:19 job vs asset - patience in an asset's growth
7:15 spending on quick gratification
7:40 how jobs can benefit you to gain capital to build and invest in an asset
8:23 money doesn't buy you happiness
9:10 money won't satisfy you
9:45 assets as social media content
11:16 learn new skills and start from scratch
11:44 dropping out from formal education
12:45 choosing productive hobbies
13:10 don't blame the education system
13:55 taking out loans - tax deductions
14:53 why lack of financial knowledge affects the entire community
15:36 financial discipline - make money work for you
17:22 indian education system and pressure
17:59 benefits of formal college education
18:41 network is your net-worth
19:22 auxiliary skills - communication, appearance
20:13 don't hanker after success