Vusi Thembekwayo on Wealth

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  • เผยแพร่เมื่อ 30 ส.ค. 2021
  • Welcome to another episode of the VT Podcast, called Ideas That Matter. In this session, I talk about wealth; the science behind it and the difference between it and riches.
    "You'll always be limited in your ability to create true wealth, as long as your earning potential is tied to your personal skill and how much you get paid per hour for that skill."
    Listen in.

ความคิดเห็น • 159

  • @hlehle.5331
    @hlehle.5331 2 ปีที่แล้ว +152

    I am a domestic worker, I listen to Vusi most of the times and I feel empowered by what he says. I refuse to be poor. I’m disciplined when it comes to money, thank you Vusi for opening my eyes, my future is bright.

    • @johnlwakila6256
      @johnlwakila6256 2 ปีที่แล้ว +7

      In due time you’ll be rich 🤞🏽

    • @hlehle.5331
      @hlehle.5331 2 ปีที่แล้ว +3

      @@johnlwakila6256 thank you 🙏

    • @vthembekwayo
      @vthembekwayo  2 ปีที่แล้ว +22

      Thank you my sister

    • @hlehle.5331
      @hlehle.5331 2 ปีที่แล้ว +4

      @@vthembekwayo
      You welcome, thank you.

    • @charmsoflove3359
      @charmsoflove3359 2 ปีที่แล้ว +17

      My mother was a domestic worker, she finished her higher certificate after she had me, went to college, and started an admin job. By then she had two girls, raising them on her own. She would later grow in her admin job and get her first degree in Industrial Psychology, and later an Honors Degree. She studied while she worked a full-time job and ran two businesses from home. By the age of 13, I was already helping at home in the family business, it is STILL alive till today, and she is now an entrepreneur for over 15 years. Where you are, is NOT where you will end up my love. You're loved, keep believing in yourself.

  • @sanmak3283
    @sanmak3283 2 ปีที่แล้ว +7

    1. Other People’s Money (OPM)
    2. The function of money is to buy time. Lower your burn rate.
    3. Access to assets that generate cash.
    4. Take professional financial advice
    5. Do it for you, not the public.

  • @steven1000000000
    @steven1000000000 2 ปีที่แล้ว +63

    Spot on with the whispering - I've often driven through the "upper class suburbs" and noticed that time and again there's just an everage Polo parked in the driveway. Nothing to prove. Once you've created wealth for yourself, taking this a step further, there's inter-generational wealth, which I think is even more important.

    • @matthewmoses3972
      @matthewmoses3972 2 ปีที่แล้ว +5

      I stay in the one of the wealthiest estates in Gauteng. Those cars parked outside are the daily drivers the machinery are parked in the garage.

  • @lopangletsebe2623
    @lopangletsebe2623 2 ปีที่แล้ว +32

    Most of us buy assets just to own them, not for them to generate more income for us. Thats were we flopp

  • @thembasmart2561
    @thembasmart2561 2 ปีที่แล้ว +29

    Big respect Chief VT this is powerful very informative 👏 👌 🙌 Genesis 26:13 NIV
    The man became rich, and his wealth continued to grow until he became very wealthy.

  • @doumejezreel1747
    @doumejezreel1747 2 ปีที่แล้ว +60

    Hi Vusi and everyone listening. Ive been listening to you for a while and this is my first time to your podcast. Just adding some more value on no 2) The Function Of Money Is To But Time. So its the concept of the WHO not HOW. I learned this from an Entrepreneur name Russell Brunson where he explains that entrepreneur a lot of time make the mistake of trying to figure out everything on their own and since time plays a very important factor in the entrepreneurs life, most get frustrated in the process. Instead what smart entrepreneurs do is "maximize their time by leveraging the expertise of other people and as a result gives them a greater competitive edge in the market" he says. They use their money to hire more experts rather than figuring everything on their own. I hope someone found value in this

    • @tem1465
      @tem1465 2 ปีที่แล้ว

      In the beginning where are you going to find money to hire people?

    • @tonygwaro3329
      @tonygwaro3329 2 ปีที่แล้ว +4

      @@tem1465 not everything can be bought... Or bought with money. That's where your people skills come in, your network, how good you are when it comes to influencing people. You'll be surprised how much people actually get offended when money is all you want to offer/bring to the table or throw at them or the problems you want solved. People want to feel valued and feel like they worth more than just money even when they are working for it. They simply don't want to feel 'bought'. So put your charm to work, use your words, appeal to their self interest, and influence them. You'll definitely get what you want.

    • @grandmadotscastoroiltv
      @grandmadotscastoroiltv 11 หลายเดือนก่อน

      Thank you for sharing this information.

  • @apiweaubrey6805
    @apiweaubrey6805 2 ปีที่แล้ว +35

    "The function of money is to buy time."

    • @mondeost2
      @mondeost2 2 ปีที่แล้ว +2

      This is deep thinking - I agree! Nice one

    • @fairplayer7435
      @fairplayer7435 ปีที่แล้ว

      This is why being a trick is better than being a husband.

  • @kevinkkirimii
    @kevinkkirimii 2 ปีที่แล้ว +22

    VT you have really grown in your craft. I can tell from your voice and demeanor and your level of calmness you are truly in your element. Thank you for sharing your ideas with the World and more so with us Africans who truly need to hear this message. May the Lord keep blessing your gift abundantly.

  • @josuematondotanahoua5276
    @josuematondotanahoua5276 ปีที่แล้ว +1

    I am a dropped out of school 'cause of financial problems. And I am from Congo Brazzaville which is a country that gets economic problems. But with VT podcast I hope that I'll be built a good WEALTH.

  • @ugoekwegh4581
    @ugoekwegh4581 2 ปีที่แล้ว +14

    As soon as this dropped
    I'm here to listen

  • @JeremyQuainoo
    @JeremyQuainoo 2 ปีที่แล้ว +29

    Money talks, wealth whispers. Definitely a clear distinction between rich and wealthy. Awesome insights Vusi👍

  • @officialmlm9525
    @officialmlm9525 2 ปีที่แล้ว +23

    Inspired me to start my business with a great vision and an open mindset. Now im constantly researching and working on making my hookah loungs pop🔥🔥🔥

    • @fairplayer7435
      @fairplayer7435 ปีที่แล้ว

      Don't build a business around destroying the health of your customers.

  • @LamarSchoell
    @LamarSchoell 2 ปีที่แล้ว +12

    OPM, Definitely one of the most important concepts to building your wealth.

    • @tem1465
      @tem1465 2 ปีที่แล้ว +1

      True

  • @morenajoseph7256
    @morenajoseph7256 2 ปีที่แล้ว +13

    The black dragon himself🖤

  • @Phineaspk
    @Phineaspk 2 ปีที่แล้ว +2

    Amongst the podcasts I paid attention to... You got fans in Kenya dear Vusi. Keep the continent moving ✌️...... Kenyans in the house 🇰🇪💱

  • @geofreybisat5750
    @geofreybisat5750 ปีที่แล้ว +1

    Hi Vusi. Just came across your page for the first time. Im a Nigerian. I'm most inspired and encouraged by your content.

  • @tebohokwetepane1032
    @tebohokwetepane1032 2 ปีที่แล้ว +4

    VT you are my role model and mentor from a distance. I pray that God prospers you in all things, just as your soul does. Hopefully one day I'll meet you in person and testify to you and others how all your work since I started following you in 2013 has transformed my life 🙏🏽 I am still learning, un-learning and re-learning 🙏🏽

  • @kealiimahoe25
    @kealiimahoe25 2 ปีที่แล้ว +8

    Mahalo for sharing! I had an AHA moment. “Buy time” my boss is buying time by having me do my job, he’s able to leverage my skills, talent and time.
    Shoot, I guess hiring people to work for you makes sense, kinda, now not all the time. However that’s one thing out of many I got from this.
    BUY TIME

    • @vthembekwayo
      @vthembekwayo  2 ปีที่แล้ว +1

      It’s about buying time brother

  • @wandilentshiza2168
    @wandilentshiza2168 2 ปีที่แล้ว +4

    How does one approach the rich and financial institutions with only an idea? Someone who is has never been in possession of money, meaning does not have previous financial records? I am here with great ideas but struggling to finance them.
    Sir Vusi, you are the best man to lead this generation to green pastures.

  • @petermbuthia2882
    @petermbuthia2882 2 ปีที่แล้ว +2

    Thank you sir. this podcast is slowly but steadily changing my life. I look forward to shaking your hand one day and thanking you for the impact you have had in my life. No. 6 was awesome, I intend to accumulate wealth for me.

  • @jose03jovan
    @jose03jovan 2 ปีที่แล้ว +3

    The importance of sound financial advice. Financial advice asks you the questions you're to afraid to ask yourself, it challenges you to change habits, to get you to where you want to be... But people aren't ready for that conversation

  • @veliem3935
    @veliem3935 2 ปีที่แล้ว +5

    Such a pivot, just helped me made a tough decision which I know is beneficial but requires that irritating thing called patience😥🙆🏽‍♀️

  • @goodwinminyoi4045
    @goodwinminyoi4045 2 ปีที่แล้ว +1

    This man is a genius. Everything he says is sensible

  • @Talkinglife
    @Talkinglife 2 ปีที่แล้ว +6

    Discipline is the one of the most important factor

  • @beldwinmahlaela4304
    @beldwinmahlaela4304 2 ปีที่แล้ว +3

    Mr Thembekwayo, you're very charismatic, please give me a few tips on how to develop my own charisma.

  • @mkshyaka
    @mkshyaka 2 ปีที่แล้ว

    Vusi, I have been listening to you for a few years now. Its always refreshing to hear your voice, I am reminded of my value and worth EVERY single episode. I feel empowered to reach new heights and I feel the responsibility to share the messages to those who are constantly seeking advice from. I cant thank you enough for doing these podcasts, I wish you can do more and more. Sayonara

  • @steedglobal3526
    @steedglobal3526 ปีที่แล้ว

    Really great tips. Some info are similar to the book, The Millionaire next Door by Thomas Stanley and William Danko. But I like the breakdown from Vusi. Relatable! ❤❤

  • @vincafrica6616
    @vincafrica6616 2 ปีที่แล้ว +1

    How I so wish young South Africans if not Africans would listen in2 this..I am really inspired by u Vusi..thanks bro 🙏🏿

  • @lesangpule6473
    @lesangpule6473 2 ปีที่แล้ว +2

    VT for president right... rich talks, wealth whispers and ultra super wealthy is silent.

  • @ebongkelvin8580
    @ebongkelvin8580 2 ปีที่แล้ว +1

    Thanks my mentor,can't ever pay you for this knowledge

  • @lublack8820
    @lublack8820 2 ปีที่แล้ว +4

    I actually listened to this twice. 😭

  • @loveniachawora7296
    @loveniachawora7296 2 ปีที่แล้ว

    Oh Vusi! So much wisdom. Thank you

  • @jacobuserasmus
    @jacobuserasmus 2 ปีที่แล้ว +15

    I think this is one of the most underappreciated aspects of becoming wealthy, wealthy people become wealthy by creating wealth for other people. (Ties in to OPM).

    • @rache3254
      @rache3254 2 ปีที่แล้ว

      What is OPM?

    • @jacobuserasmus
      @jacobuserasmus 2 ปีที่แล้ว

      @@rache3254 OPM - Other Peoples Money :-)

    • @rache3254
      @rache3254 2 ปีที่แล้ว

      Oh thank you.

    • @jasperbasson
      @jasperbasson 2 ปีที่แล้ว

      100% 🏆❤️

  • @mariosilvajunior9822
    @mariosilvajunior9822 2 ปีที่แล้ว +1

    Once again you've nailed it!!! Thank you very much for another Master Class...

  • @thabodennis
    @thabodennis 2 ปีที่แล้ว

    its time we asked ourselves serious questions.... Thank you Vusi

  • @Calmay256
    @Calmay256 2 ปีที่แล้ว

    Worthwhile and well elucidated. I can't agree more. Thanks Vusi

  • @kakomamatemate6724
    @kakomamatemate6724 2 ปีที่แล้ว +4

    I thought Vusi's favorite brand of cars was Aston Martin.😄. Great content.

  • @somayukihira2117
    @somayukihira2117 2 ปีที่แล้ว +1

    I Strongly feel inspired now. Thank you!

  • @franciscajuliet3923
    @franciscajuliet3923 2 ปีที่แล้ว

    Woow vusi thank you so much my brother. I have learnt that wealth is mine and not for the world.

  • @JostleMedia
    @JostleMedia 2 ปีที่แล้ว +1

    Vusi you hit the nail right on the head

  • @loidegando8974
    @loidegando8974 หลายเดือนก่อน

    Amazing content. Thank you.

  • @LongsodarLh_Experience
    @LongsodarLh_Experience ปีที่แล้ว

    This is true gold Vusi..thankyou. It will be a new journey for me from today. Thankyou🌱

  • @SakkieUmalambule
    @SakkieUmalambule 2 ปีที่แล้ว

    Vusi is a blessing to my life I'm getting the shift

  • @khutso_kekana
    @khutso_kekana 2 ปีที่แล้ว +1

    This is Elite Stuff. Thank you for sharing the wisdom. What stood out for me in this episode is the Question at the end of the Episode. Honestly, I can't even Buy Next month. I am challenged to change my Life.

  • @jeremyrobinson8604
    @jeremyrobinson8604 2 ปีที่แล้ว +1

    What an excellent podcast, I learned so much

  • @Ayuk1
    @Ayuk1 2 ปีที่แล้ว

    My God! This podcast is something else. If you happen to read this Vusi, I'd be grateful if you could recommend some books you read/have read to draw this inspiration from. As a finance student, I believe I have a lot of unlearning to do when it comes to business/entrepreneurship

  • @pastorstephenmaxwell
    @pastorstephenmaxwell 2 ปีที่แล้ว

    Vusi is always worth hearing

  • @dumijayp6982
    @dumijayp6982 2 ปีที่แล้ว

    This is gold. 🔥🔥Vusi with that juiccceeeee

  • @ZodwaMkabela
    @ZodwaMkabela 10 หลายเดือนก่อน

    VUSI we are so proud of you
    You are motivating us .

  • @asonyutonny7635
    @asonyutonny7635 2 ปีที่แล้ว

    Thanks Vusi. taken my notes and all focus is to get credibility 2b trusted for OPM...in order to buy time & assets

  • @thuthukahadebe4266
    @thuthukahadebe4266 2 ปีที่แล้ว +1

    Thoroughly enjoyed this

  • @StartingOut2021
    @StartingOut2021 2 ปีที่แล้ว

    Thank you so much Vusi for another amazing podcast. 😃😃😃My biggest take away was that the wealthy understand OPM, something we usually shudder from but will be necessary in the pursuit, attainment and maintenance of wealth, however intimidating it may look.

  • @bradleyziba9322
    @bradleyziba9322 2 ปีที่แล้ว

    Yoh! This is pure gold

  • @ememememandu7301
    @ememememandu7301 2 ปีที่แล้ว

    Thanks VT...Thought provoking

  • @logicworldmusic
    @logicworldmusic 2 ปีที่แล้ว

    Thank you for the amazing content. Keep them coming

  • @MamjMamj1
    @MamjMamj1 2 ปีที่แล้ว

    WOW..! Thank You for Sharing Sir..!

  • @simbarashepasipamire3200
    @simbarashepasipamire3200 2 ปีที่แล้ว

    very informative!!! thank you. indeed wealth whispers!!

  • @johnnduaguibe2276
    @johnnduaguibe2276 2 ปีที่แล้ว

    The reason it looks like wealthy people drive slightly old models is not that they bought used cars. The queen's cars were new when acquired, probably even customized, but use it for long with great maintenance, even when newer models are released. New money seeks constant approval by buying the latest, the flashiest.

  • @ebongkelvin8580
    @ebongkelvin8580 2 ปีที่แล้ว

    Big respect for you my superman

  • @yusufdaboh323
    @yusufdaboh323 2 ปีที่แล้ว

    I know am the second person to watch the video and thanks a lot Vusi

  • @matthewtheron2505
    @matthewtheron2505 2 ปีที่แล้ว

    Wow. This is so interesting and eye opening.

  • @naibrasah_360
    @naibrasah_360 ปีที่แล้ว

    May God bless u with more years my brother🙏

  • @kensmureti6353
    @kensmureti6353 2 ปีที่แล้ว

    Great nuggets... thanks VT

  • @m.a.g_athletenetwork
    @m.a.g_athletenetwork 2 ปีที่แล้ว

    Great insight Vusi

  • @jtsebina380
    @jtsebina380 2 ปีที่แล้ว

    Very powerful and profound!

  • @Victor-qu5nz
    @Victor-qu5nz ปีที่แล้ว

    .. Can learn... Even from a distance...

  • @AmbitiousWeAreAWA
    @AmbitiousWeAreAWA 2 ปีที่แล้ว

    Thank you for sharing my good Sir. Such insight goes a long way for those pursuing wealth, which is a journey I believe most of us should consciously start to embark on. But we get too caught up on doing things to please those around us and side line the idea of doing things for Us which of cause leads to loss of time and never reaching the end goal which got blurred over time. I for one really enjoyed and appreciate this pod.
    Thank you once again.

  • @rugambachristian7587
    @rugambachristian7587 2 ปีที่แล้ว

    If you what to accumulate wealth you have to do it for yourself, this is well noted Vusi much love from Rwanda by the way I like your intro..."Hello Family😂😂"

  • @BimpeAjibola
    @BimpeAjibola 2 ปีที่แล้ว +1

    I've listened and listened to this 2ce already within the few minutes it's been posted. Been pondering on wealth creation for a long time and this gives some much deep insight. So so much! Clarifies my confusion

  • @khulekanizuma6608
    @khulekanizuma6608 2 ปีที่แล้ว

    This guy is a god

  • @ReviewBru
    @ReviewBru 2 ปีที่แล้ว +1

    Vusi for El Presidente !!

  • @Victorygabz
    @Victorygabz 2 ปีที่แล้ว

    Good stuff vusi 🔥

  • @jacquimwangi837
    @jacquimwangi837 2 ปีที่แล้ว +1

    Great episode @Vusi! Would be awesome to have visual for the TH-cam version

  • @raymondtendau2749
    @raymondtendau2749 ปีที่แล้ว

    Sometimes I wonder if someone like Vusi has enemies at all.Abdolute Gem.😃🙏🏾👌

  • @sallie8d
    @sallie8d 2 ปีที่แล้ว

    No. 5 has just left me dizzy, because a few years ago i had an epiphany about this, but it still leaves me very internally conflicted ... wish we could talk more about it!

  • @duncanshaviha4452
    @duncanshaviha4452 2 ปีที่แล้ว +1

    Learned soo much about wealth from this podcast. Thank you Vusi.

    • @vthembekwayo
      @vthembekwayo  2 ปีที่แล้ว +2

      Thanks Duncan

    • @duncanshaviha4452
      @duncanshaviha4452 2 ปีที่แล้ว

      @@vthembekwayo Wow! Thank you back?! Truly humbled! it's an honor to be recognized! Hope to meet you one day! Hopefully I would have built something worthy of your attention then! Work in Progress.Kwaheri for now!

  • @PSmedium777
    @PSmedium777 2 ปีที่แล้ว

    Thanks chief 🌸

  • @trishnothando1985
    @trishnothando1985 2 ปีที่แล้ว

    Thank you Sir...

  • @TheSamwonders
    @TheSamwonders 2 ปีที่แล้ว

    Boy!!!! Vusi does very accurate impressions 😆🤣.

  • @coachkenny
    @coachkenny 2 ปีที่แล้ว

    This is excellent!

  • @SouthAfricanshots
    @SouthAfricanshots 2 ปีที่แล้ว

    Thank you 🙌🏾

  • @mercymimi4022
    @mercymimi4022 ปีที่แล้ว

    "You must know what is to be asked and 8 questions down the line"

  • @charlesmachingura6872
    @charlesmachingura6872 2 ปีที่แล้ว

    Thanks VT.

  • @yongyoryongx4001
    @yongyoryongx4001 2 ปีที่แล้ว

    Thank you sir

  • @dripbasemedia
    @dripbasemedia 2 ปีที่แล้ว

    Thank You🙏💪🔥

  • @sizwemsilora7835
    @sizwemsilora7835 2 ปีที่แล้ว

    Dankie Mavusana...

  • @osmansagizli7836
    @osmansagizli7836 2 ปีที่แล้ว

    Africa needs to wake up brother. So much wealth that every African citizen can live a life of wealth. Do not let them steal your riches people.

  • @geofreybisat5750
    @geofreybisat5750 ปีที่แล้ว

    "Money Talks, Wealth whispers."

  • @relebogilematjila4452
    @relebogilematjila4452 2 ปีที่แล้ว

    Burning rate & buying time. 👊🏾

  • @askarkalliyath6316
    @askarkalliyath6316 2 ปีที่แล้ว +1

    Valuable

  • @GranwillMoses
    @GranwillMoses 10 หลายเดือนก่อน

    🙏Dankie

  • @on-trend6788
    @on-trend6788 2 ปีที่แล้ว

    🔥🔥🙌

  • @slindileshabalala-sa6624
    @slindileshabalala-sa6624 2 ปีที่แล้ว

    They say wealth is a number of days you can survive without a Job.

  • @keletsolethabo
    @keletsolethabo 2 ปีที่แล้ว

    "Money talks..wealth whispers" .louder to our tenderpreneurs at the back

  • @senesiekoroma7229
    @senesiekoroma7229 2 ปีที่แล้ว +3

    "You can learn even from a distance " that's exactly I am doing all the way from Sierra Leone.
    Thank you Vusi

  • @cindysithole3297
    @cindysithole3297 2 ปีที่แล้ว

    It's the chris rock part for me he was so right 🤣🤣🤣🤣🤣😭😭😭🙏

  • @MichaelWilliams-lo3ix
    @MichaelWilliams-lo3ix 2 ปีที่แล้ว

    Brilliant

  • @sidneymatlhare5452
    @sidneymatlhare5452 2 ปีที่แล้ว

    Learned a lot from this episode. Thank you.

  • @DakayC
    @DakayC 2 ปีที่แล้ว

    "If you want to accumulate money, do it for you"

  • @franciscajuliet3923
    @franciscajuliet3923 2 ปีที่แล้ว

    True