Stop Trying to Get It and You’ll Have It: The Backwards Law
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0:00 Whatever you do, DO NOT think about this
0:16 My experience with “The Pink Elephant Law”
2:27 The lesson I learned from successful people
3:59 The Flip - the graph you’ve never seen
5:09 How to get ahead without trying
7:10 But don’t get me wrong… I’m not saying this
7:57 Why you should feel bad
10:20 Why THIS is frankly nonsense…
13:08 Is this really how you feel?
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All opinions expressed by Vincent Chan are solely Vincent Chan’s opinions. You should not treat any opinion expressed by Vincent Chan as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Vincent Chan’s opinions are based upon information he considers reliable, but does not warrant its completeness or accuracy, and it should not be relied upon as such. Vincent Chan is not under any obligation to update or correct any information provided. Vincent Chan’s statements and opinions are subject to change without notice.
Past performance is not indicative of future results. Vincent Chan does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned. Before acting on information, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
Overthinking about my future is something I fall victim to at times but I try to remind myself in those moments that if I was myself a year ago looking at where I'm at today, I'd be beyond grateful. Centering myself in that way has really helped me with that struggle. This was an awesome video Vincent. You never disappoint!
Money and success is a mindset! I stopped caring so much about what others thought, and it truly changed my life for the better. A few people can speak into my life about my life, and that’s all. All others is just noise
Yes love this
You expect me to believe that?
Same here. 😎
What a great video, so deep and mature and insightful. I was having a bad day and came across this video and it was a nice shot in the arm. Thank you for this video
Great video. I grew up with money. Money did not always equal being happy or not feeling stress. I was born with some disabilities and have never been able to work a steady job. I’m on disability and have been grateful for everything I have. Over the years, my life has only improved.
Thanks for sharing your experience, David. It's awesome to hear that despite your challenges, you've found gratitude and witnessed improvements in your life. So, what's one thing that keeps you motivated and optimistic on your journey?
Thank you for making this great video, Vincent. Totally loved it. Insightful - not just only for money, success, and happiness but also for changing MINDSET!:)
You are so amazing, thank you so much for sharing Vincent. You were always perfect, I am glad you embraced yourself xo
You're delightful!
This was a great take on this subject. :)
I think this is something that more people need to hear. I was always confused by extreme positivity in people. Just be happy all the time and your life will be better never made sense. But it's all about the experience here and now. Wether it's happy or sad is just part of the experience. It's a journey not a destination
There couldn't be any better video than this to help me with what I'm going through right now. Thanks man
wow that really means a lot, I appreciate it. What are you going through right now, if you're willing to share of course.
@@VincentChan Yes sure, here is my story:
I'm almost 23, was trying to become a successful musician and I actually got to a point with 10s of millions of streams and $100k in 2 years. However the reality is that I got dropped and am really struggling to make money with it at all now and find my new team. It feels like I failed you know.. And I don't even know I want to continue this path or pursue my interest in entrepreneurship.
But your video just made me realise it may be better to approach anything in life from intentions, rather than pressuring myself to achieve 'x' result or else I'm a loser.
As stupid as it sounds I feel really behind in life now compared to my peers etc who took traditional routes, earning good money etc. But I think it's about putting ego aside, taking a step back with getting consistent cashflow first with a job, and then work on my music/business next to it.
But this time with a mindset approach of working from intentions and enjoying it. It's the best for me and I will create better work from this approach I believe.
Love this video. A better understanding of my life journey experience
Grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference. Yes. But… 🤷♀️
love this video!!!! it makes a lot of sense to me
Hi Vincent, your video editing is superb❤ Can you teach how you edit videos like this?
Wow! This video!!I love it !!!
Really great storytelling structure here 😮
Just what I needed 👍🏽
Thank you!
Thank you so much!! truly appreciate it :)
Love listening to your videos, always insightful! Thank you 💯
Thanks for dropping a comment :). I'm curious, what was your favorite part of it?
Loved the video. Realized I put a link in the comment which isn’t allowed. But great video as always
thank you marvin! what part of it did you find the most value from?
I’ll always love ur videos and how much value they have
That's super kind of you, thank you!!
Thank you for such a great video. I think the idea of success changes as you get older and value more important things than the conventional ideas we’re bombarded with in the media! Insightful and well thought through thanks Vincent😊
You're absolutely right, success definitely evolves as we grow older and gain a deeper understanding of what truly matters. It's refreshing to challenge those conventional ideas and find our own definitions of success. By the way, what's one important aspect of success that you value the most in your own life?
@@VincentChan thank you for your comment! I agree with you but for me being happy and healthy surrounded by people who love me for who I am is the idea of success for me😊
Thank you for this video Vincent.
Thank YOU for watching it Python :) what would you say is your biggest takeaway?
Great video, thank you!
thanky ou for watching! What did you find most helpful from this video?
this one hit home, good one Vincent.
thank you so much jin, appreciate it :) did you learn anything new from it?
@@VincentChan no way you replied! bro, no kidding u have changed my life for the better. Recently I used the pink elephant method with my job interview & for a big financial “goal” and it all worked out fine once I stopped caring so much. Love the Allan Watts reference too. Keep it up man, love all your videos & the substance in your words is priceless!
I feel that detaching or drawing back from money, when done with responsible hands (!) is the key. Every time the market fluctuates some friends get freaky with their retirement accounts. I can’t advise. But I can suggest. Sit tight sister! Real estate too! Unless I’m a flipper or I’ll likely be washed away, and we’re not, just chill. I get the power and flow of money. It’s worked for me. But I don’t know how to teach it so I’m so thankful you’re trying! 💙.
Hey, thanks for sharing your thoughts. Detaching from money can indeed bring a sense of peace and stability, especially during market fluctuations. What's one financial lesson or insight that has made a positive impact on your life? I'd love to hear about it :).
Bro be out here basically just selling ancient philosophy and religion. LOL. Ok, no seriously, it was a GREAT video, loved it. But I definitely saw a lot of parallels with "ancient wisdom" in various faiths and schools of thought. This video especially seems to touch on ideas found in Wu Wei. They say there is nothing new under the sun, and it's probably true. Much of what you said is already ancient and known wisdom, but sometimes in our current cultural state or amidst trends and fads or the recent tech developments we forget this stuff. It seems that you've successfully repackaged that ancient wisdom so the current generation can understand it. This is an absolute service to society and I wish more people would do it. So thanks.
Pretty insightful , which movie shots have you used ?? Does this movie also focuses on the same principles as explained in the video
thanks so much! i used a bunch of different movies to help carry the video along :) which part of the video did you find most helpful?
Can you share the t-shirt brand you are wearing at @00:16 ? I have been looking for fit but can't find anywhere.
do you mean the polo or the gray t shirt?
@@VincentChan The gray T-shirt
Phenomenal video
thank you!! which part did you find the most value from?
Nice video !
thank you! did you find it helpful?
U really now how to make good videos!
haha you're so kind :)
Problem is too many people equate success with money. We need to think of success in completely different terms. It's people and emotions and our mindset that create happiness and feelings of success. Sure money is important to live but we greatly exaggerated how much money we need to be satisfied. Ultimately success and happiness is a journey and not a designation.
Absolutely, couldn't agree more! Success is often associated with money, but true success goes far beyond financial wealth. So, on your own personal journey, what are some non-monetary achievements or milestones that have brought you a sense of fulfillment and happiness?
@@VincentChan I would say hands down it is raising a family and watching them progress in their own journey through life.
@@VincentChan How can you say that when you make so many videos about money?
I'm happy with the fact that for a long long time now I've not wanted much. I don't have many material desires at all and I'm grateful for it.
That's awesome! What do you believe helped you the most to develop that mindset?
@@VincentChan There are a couple of reasons. I grew up with very little and almost could never get what I wanted. As I grew older I could get what I wanted but after a short period of indulgence I realized it didn't make me happy. So I redirected my mindset and found what did make me happy. The end result is I don't want much. So the key points are experiencing fulfilling desires and experiencing not fulfilling those desires. After that you can decide what you need to be happy.
Absolute genius
thank you so much christian! Which point did you find most valuable?
How do you come up with content idea for your videos?
Read more books
Lol, "no effort" and "being myself" has never gotten me anywhere, no matter how much I accepted myself.
What is your net worth? And what is a day in the life of Vincent Chan like?
I really like your content you inspired me a lot i am a thumbnail designer from africa i can increase your ctr by making better designs and i design free thumbnail for this vid pls rply
I didnt think about the pink Elephant
:O very impressive haha, what's your secret to not thinking about it?
@@VincentChan Well Im honestly not sure! I have always stayed extremely focussed on just making money since I was about 12. I have already made around 4.6 million USD if you include my assets at 17. And Idk man I think its litterly just all I focus on is success thats all I ever tell myself.
"The rich son"
Could you tell me what the ethnic group of the wealthiest percentage of the United States population is ? Conversely what's consider China's universities what does their broad-scale ethnic diversity look like? How many African students do you think are graduating or receiving scholarships at Harbins technology University so tired of hearing people complaining that the only countries who are actually trying to practice large-scale ethnic diversity are not meeting your standards Jesus Christ at least we're trying where else in the world is this being done? Which is too bad cuz you're a smart dude and I can learn from you but the consistent Vibe is a hard no
I think success probably follows your T level closer than hours invested.
Grew up poor (1st generation immigrant). I'm well off in my adult life. I know my life is so much happier because of marriage and children. And those 2 things do nothing but drain money 😅
hahaha, high five fellow 1st gen immigrant :)
Great video! Feels like the book "The Power Of Now" meets "Think And Grow Rich"
great books!! What other books do you recommend?
@@VincentChan I'm about half way through The Psychology of Money, which has similar themes as well. Otherwise on a broader spiritual side the Tao Te Ching has the same mantra of "doing nothing". The more force you put in the more trap you are.
It's fun to balance out strictly material books with spiritual books in my opinion.
It's a reminder that all there is to gain isn't just in the physical form.
That pink elephant won’t leave
LOL im sorry D: what did you think of the video?
👍 👏
Wow, these graphics
thank you so much! what did you think of the video?
@@VincentChan It was great, as always!
No such thing!!
hmm what did you think of the video?
All I heard was: cope. XD
Just dont have kids that is thruth.
hahaha! do you have kids?
What is the annoying sound
what sound?
Ive never seen so many ads on a vid in my life holy hell
But...without this the non ads videos would not feel so good eh
@@seabass_1🤣🤣🤣
Did u have thyroid surgery?
I did! when I was like 8 years old. Did you?
@@VincentChan that must have been scary
@@anesthesia101online Tbh I was really young at the time so I didn't understand the gravity of the situation. I was more worried that my family was so worried rather than of myself. In retrospect, it was a super scary time. How did you recognize I had thyroid surgery?
I am 23 years old and make 173k a year, 420k in savings and investment so far, no debt. and single guy. I save 85% of my income and was told to invest all of it and live below my means, I was told to not buy cars since its a depreciating asset. But I really want a Lexus that cost 30k used... What is the point of living below your means and saving so much and I cant enjoy my money and need to wait until retirement to enjoy it (delayed gratification)? Should I buy the 30k Lexus and enjoy life a little?
While living below your means and saving for the future is important, it's equally important to find a balance and enjoy life along the way. If owning that Lexus brings you genuine joy and doesn't compromise your financial stability, why not treat yourself? Life is meant to be enjoyed, and as long as you make thoughtful decisions, there's nothing wrong with indulging in something you truly desire :).
@@VincentChan thank you for your insight. I will wait a little longer and max out my 401k for this year and will treat myself this Christmas.
Well done man. What are you doing out of interrest?
Buy the used Lexus! Do it.