10 things I learned after losing a lot of money | Dorothée Loorbach | TEDxMünster

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  • čas přidán 15. 05. 2024
  • She used to be exceptionally successful in her job and earn a lot of money. And she spent even more, until she was broke, unable even to bake her little daughter a birthday cake. Dorothée Loorbach unmasks our relation to money and reveals her personal life-changing learnings from her six months project of becoming financially carefree again. Trainer This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

Komentáře • 1,5K

  • @bruno_freitas_
    @bruno_freitas_ Před 5 lety +2046

    A quick recap of the video
    4:49 #1 Money is important
    5:55 #2 Money equals time
    7:00 #3 Money equals value
    8:03 #4 What people say doesn't matter
    9:49 #5 What people say matters
    10:58 #6 It's really simple
    11:33 #7 It's not that easy
    13:05 #8 Being broke sucks
    14:35 #9 Stay Broke
    15:54 #10 Money is not important
    Cheers

  • @Luminitaispas
    @Luminitaispas Před 10 měsíci +34

    One of the most articulated conversations about money I've heard:
    The 10 Lessons:
    1. Money is important ( it's all about your mindset about money)
    2. Money = Time ( how much money you exchange your time for)
    3. Money = Value ( Seeing yourself as a person of value. You & your time are worth all the money)
    4. What people say it doesn't matter ( They speak from their own perspective, it's all about them, not about you)
    5. What people say it matters when it's your opinion about yourself. What affirmation am I telling myself? What do I define myself? Am I using empowering words?
    6. It's really simple - just listen to what Grandma told you. The essence is this: Spend less, earn more, invest wisely & most of all - Value yourself
    7. Simple, it's not that easy. Understand Parkinson law - Why most people retire poor. When it comes to spending I'm a 12 year old. To counter it and be successful as soon as the money comes in the account, it goes to special accounts for investments, for tax & for living expenses.
    8. Being broke sucks. Everything is urgent. You are a full-time problem solver, and it takes all your thinking space. Breathe, Free your mind, and be successful in the direction of my purpose. Find my purpose and stop sabotaging myself and become successful
    9. Stay broke - Epictetus said " Wealth consists not in having many possessions but in having few wants" - the porodox is that the more money you have, the more quiet and no wifi you want. To be present in your own life. Choose to live like you are broke
    10. Money is not important - when you have it!

  • @harryschinas4028
    @harryschinas4028 Před 5 lety +777

    "Wealth consists not in having great possessions but in having few wants." So true. Great talk.

  • @leavesofdecember
    @leavesofdecember Před 5 lety +636

    Sadly I think people in the comments are missing the point. The circular structure of the talk is absolutely beautiful and true. It doesn't end with "money isn't important"-if you have it. Quite the contrary money isn't important once you've realized their importance and adjusted your life to that importance. It only then stops being "important" like that jewish mother's advice "If you spend less than you earn, you will always be rich". and this should be the conclusion from this video that money isn't important when you realize that you can minimize your wants and some "needs" to the point where you can have extra money at the end of the month, and so always live in abundance. In other words, abundance is relative to your behavior towards it, and thus the importance of money is relative to your behavior towards it. If you allow yourself to be stranguled by monetary issues then money becomes more important than yourself, but if you can educate your impulses you can control the magnitude of importance of money in your life, and this goes for any level in society but like she well said, it is almost impossible when you're struggling to make ends meet, to plan ahead. Without planing ahead you are bound to make poor decisions and so not regain control over your finances. On the other end of the spectrum, if you're earning quite well and have increased your comfort and "need" to match your income, which we all do, it will be almost impossible to refrain from spending money you know you have. This discipline is almost the same in both scenarios, with the difference being in the motivation, one is fear driven spending, whereas the other is temptation spending and also fear of missing out maybe. I know because I've been in both situations, and I can confirm it's just as hard.

    • @OOO-uo9lx
      @OOO-uo9lx Před 5 lety +11

      U r absolutely on the money. Thanks for sharing ,man .

    • @jorbi11
      @jorbi11 Před 5 lety

      whizkid o9

    • @fropello4353
      @fropello4353 Před 5 lety +1

      Well said

    • @SkyGodKing
      @SkyGodKing Před 5 lety +18

      Not so sure. The bit about not being able to afford a cake was a complete lie, even poor people know about overdrafts. It felt fake and cringey. When you have that enough experience and education you have a massive asset, money will never matter like it matter to most people. This seemed more like a white rich person problem and is probably misleading for most people. I'm willing to bet that the IRS probably took all her free cash but not her house. It's like those rich celebs who are like I went broke and then came back, so can anyone else. It's completely different. Plus half the talk seemed to just be about how it's ok to be a bad person just ignore all the haters. I didn't see how that fitted in with anything at all. Sure it's great for her and there were some nuggets here and there but not good TED talk and probably more misleading than anything.

    • @MeAwesome
      @MeAwesome Před 5 lety +3

      whizkid
      Thanks.. right now I’m in a situation that if I have $100 in my account I feel like I’m so rich, I’m on my rock bottom but I’m not gonna be in this situation any long cuz now I know the of money.. thanks to God he been and always be with me..

  • @instinctively_awesome8283

    Buffett likes to say "the best thing to invest in is yourself"...meaning upgrading your skills, asking for the raise. It will give you more satisfaction out of life and more disposable income to put in the market sooner to have more compounding in your favor

    • @Robertgriffinne
      @Robertgriffinne Před rokem +1

      The Times of greatest fear in the market more often than not are some of the best recoveries. Why? Because people tend to panic when things go bad and overreact. Stay informed and always have a plan.

    • @wiebeplatt4749
      @wiebeplatt4749 Před rokem +3

      When pondering what will happen in the economy...the most likely direction .gov will go is the direction that will benefit the wealthy, banks etc.... Right now, banks need tangible assets on their books. Real estate is a great tangible asset at this point in time. IMHO

    • @Patriciacraig599
      @Patriciacraig599 Před rokem +2

      I agre, my prof!t have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser that was commended by a popular economist on a subreddit, long stry shot, its been twoyears now and I’ve gained over $85ok following guidance from my investmnt adviser...

    • @marianparker7502
      @marianparker7502 Před rokem +2

      @@Patriciacraig599 Even if you have a humongous income you still need to draw up futuristic plans because anything can happen. Investment cannot be overemphasized. The lady you mentioned how cna i conect with her..

    • @PhilipMurray251
      @PhilipMurray251 Před rokem +2

      In the "Recession Joe Biden" economy local businesses are feeling the pressure from higher food prices - seeing them double, sometimes triple what they used to be. Just another let's go Brandon moment..

  • @Alexis-hr7lj
    @Alexis-hr7lj Před 5 měsíci +153

    Winning is all about risk if you didn't take a risk yiu can make it, winning is about risk.

    • @Garrett-fz2ur
      @Garrett-fz2ur Před 5 měsíci +7

      You're absolutely right, to be a successful in life required not only hard work but awareness and sometime opportunity at the moment, investment remains the best way to start.

    • @Kendrick-zw1tv
      @Kendrick-zw1tv Před 5 měsíci +3

      I agree with you. Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return.

    • @Finnegan-ox6xd
      @Finnegan-ox6xd Před 5 měsíci +2

      ​@@Kendrick-zw1tvyeah investment is the key to sustaining your financial longevity but venturing into any legit investment or business without a proper guidance of an expert can lead to great loss too.

    • @EricaWells-vo6vw
      @EricaWells-vo6vw Před 5 měsíci +3

      Exactly and many of us don't know where to invest our money so we invest it on wrong place and to the wrong people

    • @HindaErnest
      @HindaErnest Před 5 měsíci +2

      ​​@@EricaWells-vo6vwObviously talking about been successful, I know I am blessed if not I wouldn't have met someone who is as spectacular as sativa Hannah

  • @suryahr307
    @suryahr307 Před 5 lety +239

    "The way other people treat you is not a reflection of who you are, it's a reflection of who they are"

    • @zionpraises6286
      @zionpraises6286 Před 5 lety +4

      Yes that was my favourite bit.

    • @fengquanliao4686
      @fengquanliao4686 Před 5 lety +2

      I can't agree with you more!

    • @dionysusnow
      @dionysusnow Před 5 lety +6

      Sometimes it is about you, this is a common rationalization.

    • @babybirdhome
      @babybirdhome Před 5 lety

      dionysusnow It's about both, actually.
      If I ask ten people who live in the same city to tell me about where they live, I'll get ten different answers even though they're all describing the same place. Why is that? Because they're ten different people with ten different sets of experience and values. Those things filter and color everything in their lives uniquely. So yes, sometimes what someone says about you is about you, but it's still about them because 9 other people will say something different. Even when two people say the same thing about the same person, they'll still say it in different ways. So it's still about them.

    • @mietonen
      @mietonen Před 2 lety +1

      @@dionysusnow, it's always about you - people, - humans - are hierarchic creatures - we place the hierarchies in every situation & try to calculate others value - compare to the situation. It's not about them - it's really you - in real life. In internet - there are trolls - and people 'letting out the gas'. But in real life - what you get is what you get. By improving yourself the quality of transactions probably qualifies too.

  • @jawbrace
    @jawbrace Před 5 lety +372

    Money is like oxygen. You take it for granted when you have it but when you don't, it's all you think about.

    • @ricomajestic
      @ricomajestic Před 5 lety +9

      You can live without money but you can't live without oxygen!

    • @098anime
      @098anime Před 5 lety +24

      @@ricomajestic how can you live without money? food is not free, shelter is not free, medical care is not free

    • @ricomajestic
      @ricomajestic Před 5 lety +5

      You can always steal food and in warm areas you can live anywhere! In the US, Medical care is free if you go to the emergency room! Take oxygen away for more than 1 minute and most people die right away!

    • @vccesilva
      @vccesilva Před 5 lety +7

      @@ricomajestic and you can steal oxigen too

    • @33none42
      @33none42 Před 5 lety +6

      @@098anime yes,a resourceful person can absolutely live without any money of his own. A politician

  • @victorpeace8187
    @victorpeace8187 Před 2 lety +5

    Ok but like can we just appreciate Leapnotch for making us smile everyday

  • @raisklose6785
    @raisklose6785 Před 2 lety +66

    She's a great speaker and you can really feel that it's all coming from experiences. Amazing talk.

  • @YourCash
    @YourCash Před 2 lety +25

    1:40 Only some people truly understand what this feels like. It has nothing to do with bad planning. It has to do with circumstances. Keep pushing forward, don't give up, things will get better!

  • @77777aol
    @77777aol Před 5 lety +314

    Oscar Wilde
    “Nowadays people know the price of everything and the value of nothing”

    • @rdrdrd7777
      @rdrdrd7777 Před 5 lety +6

      77777aol I think the quote is A cynic is a man who knows the price of everything and the value of nothing.

    • @rblaze2379
      @rblaze2379 Před 5 lety

      What is the utility of my happiness.

  • @xfaroutzx3637
    @xfaroutzx3637 Před 5 lety +38

    I have to agree that financial worries are probably the worst type of worry to have. I have been experiencing lots of financial worries and it’s stressful, causes anxiety and panic BUT it is also the BEST motivator to find a solution.

    • @jeronimo196
      @jeronimo196 Před 5 lety +3

      Health issues are probably the worst worries to have. Or growing up in a war zone. Or... actually, I can compile a pretty long list before I get to "I bought a car and a house, and worked my favorite job for almost no money, but the bills showed up. And did I mentioned I had a daughter - yeah, I had a daughter, too..."

    • @MattPark75
      @MattPark75 Před 5 lety +2

      Yes, health issues are the worst, no question there.

    • @RommelTellez
      @RommelTellez Před 5 lety +1

      I usually reflect if money scarcity is the healthiest motivator, although I agree with you that it is a very effective one. I am very sure it takes its toll over time.

    • @jesusbalderas329
      @jesusbalderas329 Před 5 lety +3

      Abusing money is not healthy. Abusing health is deadly.
      Abusing time is insane.

    • @jessithompson4902
      @jessithompson4902 Před 2 lety

      @@jeronimo196 yeah must be nice if rock bottom is 0 and not a negative number like unpayable student loans and no assets to your name.

  • @saifuimaono9132
    @saifuimaono9132 Před rokem +9

    In order to be successful.. you have to lose everything.. it is the drive of not giving up that is the halfway mark. This is the last lesson you must learn to the next level 🧐

  • @christianajoe8563
    @christianajoe8563 Před 2 lety +416

    When you invest, you're buying a day you don't have to work

    • @thomasdooley3702
      @thomasdooley3702 Před 2 lety +16

      Assets that can make you rich
      Bitcoin
      Stocks
      Real estate

    • @loydriley9221
      @loydriley9221 Před 2 lety +3

      @@thomasdooley3702 You're right Sir, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor

    • @kingbush9328
      @kingbush9328 Před 2 lety +3

      @@loydriley9221 It's not ignorance but due to some unprofessional broker in the market

    • @lukeben1596
      @lukeben1596 Před 2 lety +1

      Bitcoin is the most profitable investment online of only you trade with the help of a professional expert

    • @leahmolly9150
      @leahmolly9150 Před 2 lety

      I recently got into forex trading and im already marveling over the profits I'm making

  • @yulichineseclass3666
    @yulichineseclass3666 Před 5 lety +128

    she was an entrepreneur and broke, and could be back to success soon is because that she has qualities of an entrepreneur: to reflect on mistakes and to really take actions

    • @fookufookmi4237
      @fookufookmi4237 Před 5 lety +1

      Yuli Chinese class and baby daddy checks

    • @KellsSmith1244
      @KellsSmith1244 Před 5 lety +8

      True. Her story is condensed but clearly she did what she had to do. My answer to a life setback was to move back home and play with the dogs all day.

    • @BerbagaiCara89
      @BerbagaiCara89 Před 2 měsíci

      Noooo noooo nooooo

  • @jankalfus42
    @jankalfus42 Před 5 lety +27

    This is one of the best TED talks. Ever. Very inspirational.

  • @brooklynchristopher7261
    @brooklynchristopher7261 Před 2 lety +2

    I will continue singing praises to *Leapnotch* NO BODY IS BETTER

  • @ramblingrahema2125
    @ramblingrahema2125 Před rokem +14

    I can't explain how much I needed that...whew...that got me back in the game. Thank you so so much for sharing, seriously. I used to unconsciously have negative thoughts about having a lot of money (probably related to poverty trauma) I'd work for almost nothing and give money away when I barely had enough. It takes a mindset shift to realize, that I am allowed to help others but also take care of and value myself.

  • @ratelhoneybadger
    @ratelhoneybadger Před 2 lety +3

    It really is comforting to know that you can change your life in 6 months.

  • @janibathala1893
    @janibathala1893 Před 3 lety +9

    My parents love me
    I am a single child
    They spent lot of money for me
    Now i cant stop crying
    I know the value of money

  • @user-gn3zr5uj9w
    @user-gn3zr5uj9w Před rokem +2

    I have never seen a man so genuine as this guy, he's really a man of his words..

  • @MissECE7
    @MissECE7 Před 2 lety +64

    Yeah, I think she hit a key point. You cant wake up one day and decide you’re going to start your own business. You need to downsize your entire life for atleast 5 years. Because thats how long it takes for the average business to become profitable. And if you think you can keep your current expenses - that are based on your current income, you are already setting yourself up for failure.

  • @mamboferido4741
    @mamboferido4741 Před 4 lety +6

    Watching this after I got scammed from a small business deal. I will count this failure an essential experience towards my journey to success.

  • @jayatipatell
    @jayatipatell Před 6 měsíci +1

    I would really like to confess that I have lost so much money and I'm 18. I was broke a few days ago. But this really motivated me and that incident have taught me a lot. I am pretty confident that I will built everything I have lost. Whoever has gone through this just don't loose hopes amd don't quit.

  • @niousdoxs4026
    @niousdoxs4026 Před 2 lety +1

    It actually an honor giving the opportunity to prove how good he is ...Thank you for the reactivation

  • @iwasright9686
    @iwasright9686 Před 2 lety +4

    Such an awesome speech. I was tearing by the end. Good lessons to live by.

  • @leloofficial9367
    @leloofficial9367 Před 5 lety +9

    Very strong speech by a very strong woman
    The truth is this.
    Money is Not as important as the time that you are missing by chasing it...
    What a Speaking..well done.

  • @jerome423
    @jerome423 Před 2 lety +6

    You should be proud of yourself, not only for your success, but the profound wisdom you discovered, and decided to share with the world. Absolutely amazing! You are worth every penny 😉

  • @Auxillia
    @Auxillia Před 5 lety +5

    Why so much hate? I think this is priceless, someone sharing her experience of going broke and work their way back up from ground zero.

  • @amineben3370
    @amineben3370 Před 5 lety +29

    Only entrepreneurs Who failed can feel every single Word you said.
    I was listening religiously to your speech and i 100% relate to it.
    10 years after my failure, I'm still struggling to find my way back to success. I hear the ticking bomb in my head for 10 years now! Can you imagine the stress ?

    • @Ofirsen
      @Ofirsen Před 5 lety +1

      You are living in a bubble, newb.
      You didn't understand one single word of what she said.

    • @dominostimes2119
      @dominostimes2119 Před 5 lety +2

      Trust me but I’m not one of them... I can tell you in the last 2 years my aim was to be one and understand everything and step before entering.
      Now it’s confirmed thanks to this 👆
      And this speech should be tought to EVERY SINGLE ENTREPRENEUR to come in before.

  • @Ahmad.3rabi
    @Ahmad.3rabi Před měsícem

    She explained "the happiness equation" and "think and grow rich"
    I highly recommend those two books ❤

  • @fannyjacob8535
    @fannyjacob8535 Před 2 lety +1

    The dude is just not fakeing . The finishes of the goals. Beautiful. Magisterial. Love you *leapnotch!.* .🙏🏼.

  • @funnelworks119
    @funnelworks119 Před 5 lety +28

    Isn't it interesting? The most valuable lessons we learn in life come from the challenges of life itself (more than YEARS of classroom study). Fortunately, we can save time by benefiting and learning from the lessons ("failures") of other people who are willing to share them. This is the kind of stuff I wish children in school got more exposure to. Stuff that would really help them deal with the challenges of REAL LIFE that awaits them. Thanks Dorothée!

    • @johnstenlund472
      @johnstenlund472 Před 5 lety

      So writing did arrive automatically?

    • @garyhost1830
      @garyhost1830 Před 5 lety +1

      Great comment, so true. In the motorcycle community there's a saying: YOU SHOULD LEARN FROM OTHERS MISTAKES AS YOU MIGHT NOT LIVE TO MAKE ALL OF THEM YOURSELF. Great speech, great comment

    • @richygambs321
      @richygambs321 Před 5 lety +1

      @@KrisVango Extremely true Kris. That is what I am realising myself just starting a few months ago. You have to Fail and Falter in many of life's challenges to realise how you need to improve yourself to get better and pass the second time around. Even if it is not a challenge that you would not like to do, when you know that you have to do it, or that it would improve your life later on, you will find the discipline to pull through, and you will be proud of yourself. Saying that "you should do this because if you dont X will happen" wont always work. You have to go thru X to understand.

    • @erdem1956erol
      @erdem1956erol Před 3 lety

      @@KrisVango I absolutely agree with you Kris. Comfort never gives you a joy after a little time.

    • @mh1137
      @mh1137 Před 2 lety +2

      Just a little caveat to what you say. We can indeed learn from others'lessons but you will really by experiencing it yourself... Only then will you realise what it meant! Before that it's just theory... And that's why success is not that easy despite the books, the confs, the coaching and all the amazing stuff available today on the success... Real life can be tough and only it can teach real lessons which helps everyone grow somehow.

  • @Bashar3A
    @Bashar3A Před 2 lety +4

    I can truly attest to the last point about quiet time with your child. Before the pandemic, I would take my daughter at last of day of school and we would go out somewhere to an expo, event, fun place, the beach. Random place of my choice each week, and we would spend all day out without any rules or time to go home. Usually ends up being very cheap day out, and it would be our favorite time of the week. Beats hanging with friends or going to movie.

  • @user-ke7ot7ep2b
    @user-ke7ot7ep2b Před rokem

    Thank you so much, I've been broke for 1 year now, and after watching this video it gave me hope to start over again, not to STOP.
    Thank you!

  • @iamzulkaif
    @iamzulkaif Před 5 lety +66

    I have never seen such calm, composed and collected presentation in my entire life.

    • @33none42
      @33none42 Před 5 lety

      yeah,it was a little boring.I can tell you from doing the 'talk' circuit. This gal got on here because she was white,educated and well spoken. if she was less well spoken,or with a browner color,or a not so attractive career....these egg heads will rarely give you any perspective on those struggling against much deeper odds,with zero chance at ' having a voice' in society..and surviving..
      NPR ,PRI mainstream media...glam whores.

    • @33none42
      @33none42 Před 5 lety +1

      Sandy Haussman...very dishonest interviewer and journalist.

    • @patrickmorgan4006
      @patrickmorgan4006 Před 5 lety +1

      @@33none42 Very boring. I lost interest very quickly. She had nothing interesting to say. Just BS motivational speech that will last about 48 hours in everyone's consciousness.

    • @33none42
      @33none42 Před 5 lety +1

      yeah...a snooze for sure.

  • @nastyamastereng1893
    @nastyamastereng1893 Před 2 lety +3

    Great talk! It does encourage!
    Money is important, but when you have enough money, you may feel broke and then money is not important. Brilliant!

  • @Derik-fk2bu
    @Derik-fk2bu Před měsícem +58

    I’m in Australia, and very new to this. I’ve been trying to find a broker . that has good customer services and is the commission through them expensive? love some clarification or guidance, please from MR SAM DEYMON.

    • @wiktoriabartek999
      @wiktoriabartek999 Před měsícem +3

      I want my money to work for me with sam deymon, I’d like to learn from someone with experience.

    • @Derik-fk2bu
      @Derik-fk2bu Před měsícem +2

      @samdeymon53 💯💯....that's it = 4 advise

    • @Derik-fk2bu
      @Derik-fk2bu Před měsícem +1

      He's GOOGLE account AND TE LEG RAM...

    • @MichaelOCanno
      @MichaelOCanno Před měsícem +2

      Famous last words - “We just need to break through this major resistance level…”All thanks to Mr Sam Deymon.

    • @MarieMathilda456
      @MarieMathilda456 Před měsícem +1

      Yes!!!!! After watching so many CZcams tutorial videos about trading was still making losses until Mr Sam started managing my investments now make $10,567 weekly.

  • @vladimirmoquete5695
    @vladimirmoquete5695 Před 5 lety +3

    Wow almost cry with this video at the end.

  • @Lonlon8801
    @Lonlon8801 Před 2 lety +2

    This has to be the most inspiring video I've watched this year, if not, all time! Thank you so very much for your motivational presentation.

  • @natashaentrenadora1
    @natashaentrenadora1 Před 5 lety +14

    I like when you said:"You can do this! And then whatever it took I would do it." Great! Thank you @Dorothée Loorbach

  • @Moony0102
    @Moony0102 Před 5 lety +30

    Thank you Dorothee for the insightful talk. As you said in your talk "people will only see things from their point of view", so please don't worry about those who call you a liar; this is just their level of awareness. You have a life experience that's worth sharing and you've helped so many by being bold enough to bring it to us, so thank you for your bravery and thank you for the sharing. Lots of gratitude.

    • @therespectedlex9794
      @therespectedlex9794 Před rokem

      Do you ever feel suspicious about people who recite glib self help advice? Of course, no one worked 80 hours a week. Not like she did. Who would want to?

  • @twinsoultarot473
    @twinsoultarot473 Před 3 lety +1

    I lost all but a slice of my inheritance and my husband died (who I divorced and remarried) and my daughter disowned me. I HAVE WANTED TO DIE MORE THAN LIVE.
    Then I realized that I had always quit everything I have tried and it is no time to quit now on my family - and my life purpose.

  • @steveweippert6170
    @steveweippert6170 Před 5 lety +3

    Thank you. You’re genuinely appreciated. Wonderfully informative presentation.
    Cheers

  • @bernardbarbour
    @bernardbarbour Před 5 lety +15

    Wow! Thank you, thank you, thank you! I've been preaching this for years. Live below your means, not suffering or anything like that. Just not the new cars, the big house and keeping up with the Jones. Cheers!

  • @tyyi
    @tyyi Před 2 lety +2

    Amazing. This speech touched my heart.

  • @haojiang4882
    @haojiang4882 Před 5 lety +12

    I feel like I am invincible after listening to this speech.

  • @johnthangminlun
    @johnthangminlun Před 5 lety +6

    Always great to hear from folks of the same feather!

  • @dahliahardie
    @dahliahardie Před rokem

    Goodness gracious I almost cry watching this. I too now have to deal with "failure", and everyday I wake up trying my best to best strong and remind myself that the only way is to go up. I refuse to be weak even tho there are some days that I feel really really down. Thanks to this problem now I have motivation to wake up early at 4am in the morning, praying to God, doing anything I could to exit this dark hole. Financial problem is one of the worst but one the best "tools" for us to grow. I learn a lot, a hard way. But I am grateful. Thank you Dorothée for this reminder that I can rise and shine again :) even better

  • @mariavanderschalie3081
    @mariavanderschalie3081 Před 5 lety +12

    Great talk and so true! Within 17 minutes you have taught the listeners the most important spiritual rules of success. Thank you. If people react negatively is because they don't get it.

  • @stayatohm
    @stayatohm Před 4 lety +32

    1 4:50 MONEY IS IMPORTANT
    2 5:54 MONEY EQUALS TIME
    3 6:57 MONEY EQUALS VALUE
    4 8:03 WHAT PEOPLE SAY DOESN'T MATTER
    5 9:48 WHAT PEOPLE SAY MATTERS
    6 10:58 IT'S REALLY SIMPLE
    7 11:34 IT'S NOT THAT EASY
    8 10:03 BEING BROKE SUCKS
    9 14:33 STAY BROKE
    10 15:54 MONEY IS NOT IMPORTANT

  • @shannon2748
    @shannon2748 Před 3 lety +1

    I just got another job after losing my last job 4 months ago. Someone I know brags about having 45k saved, and yesterday she told me oh my, all your savings gone. She thinks my situation is funny. She may lose her savings someday, too. We both work on one year contracts teaching English in Korea. She brags about how her job has kept her almost 5 years. Mine kept me just one year and before that I was unemployed 7 months.

  • @vanessaspatty
    @vanessaspatty Před 2 lety +1

    we need more people like her to talk on ted talk... people who have experienced the dark days and their worst moments and then got up and fought for their life

    • @embracingnormality1988
      @embracingnormality1988 Před 2 lety

      If I knew how to get on ted talks I’d add something along these lines

    • @revarants
      @revarants Před rokem

      These are the only people that get up there to talk

  • @gamze5934
    @gamze5934 Před 5 lety +14

    "My impulse purchases included a car and a house" -- when will these people stop exaggerating at TED talks to impress the audience?!? A house is a purchase of investment or necessasity, not of impulse!
    And when she was broke, had 3 euros and change; why would she not look for a marketing job to buy her daughter that birthday cake she keeps refering to for exploiting the audience's emotions; after all she starts her talk telling that she had a successful marketing career...

    • @sitti_dove5476
      @sitti_dove5476 Před 5 lety +2

      You won't know other people's reality until you get there yourself. Beware of conclusive minds, one day, people will have their conclusion on you as well.... Peace!

    • @gamze5934
      @gamze5934 Před 5 lety

      sitti fatima balunan i do not need to know. I am refering to her speech, not to her reality. How about thinking before writing Ms Peace?

    • @sitti_dove5476
      @sitti_dove5476 Před 5 lety +1

      @@gamze5934 , hmmm how do you separate your judgment on her from her speech when her speech is about her?

  • @MrPrimoPR
    @MrPrimoPR Před 5 lety +3

    Excellent theme .
    Time can be your stock and trade so be careful with it. Money even if you have it may not give you independence if you feel guilty. So the best thing to learn is that the money you have is nobody’s business except your own, and probably when you do have money and independence, the most joyful moment you live will not cost you a lot of money if any. It is very true that being constantly wanting more makes you poor. Appreciate what you have, fix what breaks, do without does things you don’t need. Have compassion with others but appreciate yourself also.

  • @bobbarrett2631
    @bobbarrett2631 Před 2 lety +1

    Nicely put Dorothee x
    Having been involved in four businesses; and enjoyed mostly, all, I feel that the experiences gathered are what is important.
    Appreciation, balance (something that I seldom achieve) and having fun; yes even in business has to be vital keywords.
    Success has to include one of the most important (jobs?) ............. That of being a Mum.
    More of the above please Dorothee.
    Be Happy x

  • @phoenixrising4031
    @phoenixrising4031 Před 6 měsíci

    This hit home really hard! I found this so helpful 2 yrs after you did this Ted Talk! And the economy is substancially worse now. Thank you for sharing. I hope you continue to do well.

  • @uk7179
    @uk7179 Před 5 lety +11

    Literally I'm in shock.....the way she ended it and the way she started it.☀

  • @pottacoola
    @pottacoola Před 2 lety +16

    A great video, this is what i tell my colleagues at work as they are mostly young students and this is what i learned myself also after my own life shocking moment. I feel happier now working multiple jobs and spending almost nothing then i did when i was younger and buying everything i could afford with the little money i had. By the way i like working so i work more but i dont NEED to work, big difference to someone that needs to work for money and are unhappy.

    • @DisobedientSpaceWhale
      @DisobedientSpaceWhale Před 2 lety +1

      What if you hate work

    • @liubomirwm
      @liubomirwm Před rokem

      @@DisobedientSpaceWhale You don't hate work, you're just not working something that is good and interesting for you and you hate that specific work. Find another work.

    • @DisobedientSpaceWhale
      @DisobedientSpaceWhale Před rokem

      @@liubomirwm I'm pretty lazy tbh

  • @fredrikscoaching9343
    @fredrikscoaching9343 Před 2 lety

    The wonderful thing about life is that you can do everything for free (be a volunteer in every part of your life)

  • @avs_smart_systems
    @avs_smart_systems Před rokem

    I can watch this again and again.

  • @albertkimaro1665
    @albertkimaro1665 Před 5 lety +6

    I'm watching this video every morning as it gives me strength to control my spending habit. Thus I have come to realize that "money is not everything but the only thing"

  • @baraknoamhaviv
    @baraknoamhaviv Před 2 lety +16

    Great talk, I feel much more happy and positive after watching this video. Thank you for sharing your wisdom.

  • @ATTACK_ACHIEVE
    @ATTACK_ACHIEVE Před 5 lety +1

    I think ur speech touched my soul . Thanks mam and bless ur daughter and u .

  • @longbeach5045
    @longbeach5045 Před 2 lety +1

    This is the most valuable tedx I watched... This is what we need to teach our children and adults

  • @elimatei127
    @elimatei127 Před 5 lety +4

    really deep. I've really enjoy it. she looks like she's been through a lot and she survived. she's an inspiration that at this time in my life I have financial problems for the first time.

  • @celticsfangreen
    @celticsfangreen Před 5 lety +7

    That was an amazing talk I could feel the her emotion at the end

  • @Dansteindler
    @Dansteindler Před 2 lety +2

    I love your message. Thank you so much for sharing this.

  • @christopherwilson2611
    @christopherwilson2611 Před 3 lety +1

    This was the most incredible Tedtalk I have ever heard. Thank you for this. Exactly what I needed to hear

  • @mickeybowmeister1944
    @mickeybowmeister1944 Před 5 lety +8

    I was on the brink of losing everything, invested in property just before 2009 GFC, got sued and lost $250k of borrowed money - (wasn't mine was the banks). Took 10 years of my life to crawl back all the time supporting my Wife and 2 daughter's. Hard lesson.

  • @deoinaidispersaud836
    @deoinaidispersaud836 Před 5 lety +6

    Great take in summary after having such an experience. Money is time, more importantly proportionate to engagement in particular activities. It's very important to question our activities from a beneficial angle, both short term and long term to establish where we stand, projectively speaking relative to earning money and sustaining life as it's being lived.

  • @hawkfan619
    @hawkfan619 Před 5 měsíci

    One of the best Ted talks I've ever seen. Bravo!

  • @Q8Patriot
    @Q8Patriot Před 2 lety +1

    Thank you Dorothee, i’m going into similar situation and this video helped me alot on my situation

  • @beknazarsuranchiyev4836
    @beknazarsuranchiyev4836 Před 5 lety +4

    Great speech! Thank you! Earn more then spend. I will try to use approach when you put money in some secure account after receiving immediately.

  • @emmalikesflowers
    @emmalikesflowers Před 5 lety +7

    Loved this, so true! Thank you from Australia👏💐

    • @jenrich111
      @jenrich111 Před 5 lety +1

      Yes it motivates me to tame the 12yo and pay all bills and save for important things and not worry. 🇦🇺💕love from Australia

  • @mavisnarh612
    @mavisnarh612 Před 2 lety

    This video is for me.Thank you for being honest .I have learnt a lot

  • @sertaoexpedicoes
    @sertaoexpedicoes Před 5 lety +2

    One of the best money talks I've ever saw.

  • @tremainw1413
    @tremainw1413 Před 5 lety +61

    "Money is not important" always receives that 'middle class clap', and is usually said by those who've little appreciation of how absolutely vital it is to less fortunate others. All else being equal, one of life's greatest luxuries is that of being able to believe no less.

    • @haych27
      @haych27 Před 2 lety +1

      agree, they usually also still have a home to live in and I bet it's not a mailbox in a building in a sky. Broke needs to be defined more clearly

    • @ark_crimson
      @ark_crimson Před 2 lety +1

      If you actually pay attention to what she is saying, that's not the message at all. That's the conclusion, but not the main idea. One of the steps before coming to this point is actually realizing that money is all about time, so you have to work on yourself to be paid more for every hour that you dedicate in earning it. Also, when you live with less than enough for the basic needs, that's all you can think about, so success is not feasible as it requires long term planning and you need to find a way to break that cycle. Only after these two steps can you finally understand that it's not all about money anymore. Luxury, things that you want but don't need... If you focus too much on these, no amount of money will ever be enough.

  • @delphiguy23
    @delphiguy23 Před 5 lety +10

    Thank you... learned a lot from this.

  • @tuito5189
    @tuito5189 Před 2 lety

    A very courageous woman, who has also writer skills, her speech is good in: ideas, form, structure, and she manages to put some little surprises in her script. I hope Madame you will write many books in the future.

  • @DanielIbeh
    @DanielIbeh Před 5 lety

    Thank you for sharing! 🙌🏿

  • @JordanElder1
    @JordanElder1 Před 2 lety +4

    I've recently had major loss of my entire home, this has inspired me to continue on with my life. Thank you so much. I now know what to do...

    • @solaceyes7767
      @solaceyes7767 Před 2 lety

      You got this mate! Let's crawl out of this hole!

  • @rahulgarg6753
    @rahulgarg6753 Před 5 lety +3

    One of the best talk at TEDx. Congratulations Dorothee and the organisers :)

  • @greglopez9704
    @greglopez9704 Před 5 lety

    Best talk I heard. Done.focus....stop doing the things that weaken you

  • @muhammadmuhagam6054
    @muhammadmuhagam6054 Před 3 lety

    last point is what makes this video, thank you dorothee for sharing

  • @ChiChi-sw5iu
    @ChiChi-sw5iu Před 5 lety +10

    This is a valuable speech for my current financial situation. Thank you for imparting this to the world Madame.

  • @richarddawson1572
    @richarddawson1572 Před 5 lety +11

    I can relate to what you've said, Dorothée. Scarcity does consume your every thought and prevents you from moving forward. I have been in a situation now for over a year, in the US, waiting for the government to act on a disability claim. I cannot work, I have used my savings, and depended on relatives for help. It can be an endless nightmare - one I never imagined being a part of.

    • @BigBangMemo
      @BigBangMemo Před 5 lety +4

      You can and you will get out of this situation, my friend. You can do it, I believe in you.

    • @jdrichardson39
      @jdrichardson39 Před 5 lety +1

      same here but my relatives disowned me and it took 5 years to get ssdi

    • @gunnarhaldorsen4185
      @gunnarhaldorsen4185 Před 5 lety +1

      You can probably work. Writing? Blogging? Sales (make good deals on the phone)? Become a deal-maker? Politics activist, supported by likeminded people? Make CZcams videos, by editing excisting videos, and get millions of views? Paint? Sing? Just to encourage you! Check out "Jim Rohn Best life ever". All of you. Worth it's time in GOLD.

    • @richarddawson1572
      @richarddawson1572 Před 5 lety +1

      @@gunnarhaldorsen4185 Thanks for the ideas. I have done some work translating. The problem is, it comes down to being able to do sustained work, 40 hrs a week (the SSA requirement) - hard to do when there is pain constantly, the need to move positions, etc. I want to work, I know I cannot live on disability even if it ever comes through.

    • @jenrich111
      @jenrich111 Před 5 lety +2

      Best wishes! Keep a positive mind as best you can. Your body is in pain - dont let the situation take your mind as well. Said from experience 💖🇦🇺

  • @caffienabean
    @caffienabean Před rokem

    Thank you !!! What a wonderful watch this was.

  • @daniellamoreno3616
    @daniellamoreno3616 Před 3 lety +1

    Thanks for your advice I am so hard on myself!
    Covid hit hard but, I know I will soon have a financial break through.

  • @site_is_down
    @site_is_down Před 2 lety +18

    I hope there's no people watching this video who is financially struggling right now, or if you do, I hope you know that this isn't gonna take long and that this too shall soon pass. Remember to take a lot of lessons from this hardship and to learn from this moment. When you have finally managed to get through this, I hope you would learn to get yourself a good financial back up such as having investment portfolio and income streams.

  • @kristoff99s
    @kristoff99s Před 5 lety +10

    Money doesn’t make you happy but it definitely helps 🙌🏻😂

  • @dorisw2507
    @dorisw2507 Před 2 lety

    That speech was organized beautifully

  • @Sweetcakeyum
    @Sweetcakeyum Před 2 lety

    this is so spot on. true wealthy person usually never show off. They also value time over money.

  • @cudatom9290
    @cudatom9290 Před 5 lety +5

    Thank goodness you had a marketable skill!

  • @elzahraaadel
    @elzahraaadel Před 5 lety +39

    One of the most inspirational TEDx talks I have ever heard ❤️

  • @lissrusselchef2010
    @lissrusselchef2010 Před 5 lety +1

    I'm on #5 this step is only possible through the surrender to process. Once you surrender to a process you know you are building something.

  • @almanibamortezaafzali
    @almanibamortezaafzali Před 2 lety

    Very nice talk. I appreciate the lessons. Because this personal case helps others to value their own time and energy. Spend less. Earn more. Invest wisely. Value yourself.

  • @kevinthomas1110
    @kevinthomas1110 Před 5 lety +3

    Wonderful talk and extremely valuable.
    Completely dumbfounded as to how people could give this a thumbs down.

    • @l.s.3066
      @l.s.3066 Před 2 lety +1

      She had a house and an almost new car...that's not broke ... I used to be broke... really broke - but it was OK as in our society you are allright if you want to work and get up when you "fall".

  • @karina112
    @karina112 Před 5 lety +4

    Wow! Incredible speech! It had such a powerful impact on me!