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How to Get Rich So Fast It Feels Like CHEATING

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How to Get Rich So Fast It Feels Like CHEATING

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328 segments

0:00

The fastest way to get rich is to copy.

0:03

Most people won't do it. Their ego won't

0:06

let them, but there is a guy called

0:08

Monish Pabrai who did not care about any

0:11

of that. He copied Warren Buffett. How

0:14

he spends his day, how he runs his

0:16

business, how he makes every decision

0:18

without ever meeting him. And he made

0:22

$154 million from it. He calls himself a

0:26

shameless cloner, and he's quite proud

0:29

of it.

0:30

I know you clicked this video for a

0:31

reason. You have a side business, a

0:34

YouTube channel, or a skill that you

0:36

want to turn into real money. Maybe even

0:38

quit your job and do it full-time. But

0:41

nothing seems to be working.

0:43

I have been there.

0:46

And what Pabrai figured out changed

0:48

everything for me. It can do the same

0:50

for you. Let me show you how.

0:53

Imagine two gas stations right across

0:56

the street from each other. Same

0:57

neighborhood, same prices, same gas. One

1:01

of them is absolutely crushing it. Cars

1:04

wrapped around the block, loyal

1:06

customers, making tons of money. But the

1:10

other one is losing money every single

1:12

month. What's the difference?

1:14

Well, the successful gas station wipes

1:17

your windshield for free, checks your

1:18

tire pressure, tiny little touches that

1:21

cost them very little. But here's the

1:23

thing. The failing station can see this

1:27

happening every single day. The winning

1:30

strategy is literally right there across

1:33

the street. But they won't copy it. Why?

1:37

Pride. Ego.

1:40

We don't copy other people. We do things

1:42

our way.

1:44

And they go bankrupt. Pabrai read about

1:47

this and he realized something.

1:50

Humans have something weird in their DNA

1:52

that prevents them from adopting good

1:55

ideas easily.

1:57

The solution to your problem might be

1:58

right in front of you. Someone else

2:01

already figured it out. It's working.

2:04

It's proven.

2:05

But you won't do it because you want to

2:07

be original.

2:09

But Mohnish Pabrai made a different

2:10

choice.

2:12

One day, he's sitting at the Heathrow

2:14

Airport between flights, killing time,

2:16

and he picks up a book called One Up On

2:18

Wall Street by Peter Lynch.

2:21

He's flipping through it and he comes

2:22

across something about Warren Buffett.

2:25

Now, Mohnish Pabrai knew nothing about

2:27

investing at this point. He was just an

2:29

engineer. But he reads that Buffett was

2:32

making 31% a year for over 40 years

2:36

straight.

2:37

Most investors can't even get 10.

2:40

So, right there in that airport, Mohnish

2:42

Pabrai has one thought.

2:44

This guy has figured out the investing

2:46

game.

2:47

What if I just copy exactly what he

2:50

does? Not try to be smarter than

2:52

Buffett, not try to improve on his

2:55

methods, not add his own brilliant

2:57

twist.

2:58

Just copy everything. No shame, no ego.

3:04

So, Mohnish Pabrai goes home and starts

3:06

studying Buffett like it is his life's

3:08

work.

3:10

He reads everything Buffett ever wrote,

3:12

watches every interview, reads every

3:14

book about him. He starts going to

3:16

Buffett's annual meeting every single

3:18

year

3:19

for over 20 years straight. [music] He

3:23

copies everything. How Buffett

3:25

structures his business, how he spends

3:27

his morning. He even starts reading 5, 6

3:30

hours a day and working completely

3:32

alone. The same way Buffett does.

3:35

And over the years,

3:37

he starts making millions.

3:39

Then, in 2007, he decided to actually

3:42

meet Buffett. Every year, Buffett

3:45

auctions off a lunch for charity.

3:47

Mohnish Pabrai and his friend pay

3:49

$650,000

3:52

just for lunch with Buffett. People

3:55

thought they were insane.

3:57

But Pabrai thought differently. In Hindu

3:59

culture, there's a concept called Guru

4:02

Dakshina.

4:04

It is a gift to your spiritual teacher

4:06

when your education is complete.

4:08

Buffett had taught him everything,

4:10

changed his life, turned him from an

4:12

engineer into a millionaire without even

4:15

knowing Pabrai existed.

4:18

None of that would have happened if

4:19

Pabrai had not been willing to

4:21

shamelessly copy in the first place.

4:23

If cloning is this powerful, why is

4:26

almost nobody doing it? Pabrai has a

4:28

very simple answer.

4:30

They are not as shameless as me.

4:32

They have more ego. To be a great

4:34

cloner, you have to leave your ego at

4:38

the door.

4:39

An ego shows up in two ways.

4:41

The first is the originality trap. From

4:44

childhood, you are taught copying is

4:46

bad. Schools call it cheating. You get

4:49

punished for it. But here is the

4:52

reality.

4:53

Almost every successful person started

4:56

by copying. They just don't advertise

4:58

it. Sam Walton, the guy who built

5:00

Walmart, the biggest retail chain on

5:02

Earth, used to walk into competitor

5:04

stores with a notepad and a pen,

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scribbling down their layouts, their

5:08

shelf arrangements, how they placed

5:10

their signs.

5:11

He called it the best part of the job.

5:15

But most people are too embarrassed

5:16

[clears throat] to admit they copy.

5:18

Pabrai does not have this problem.

5:20

Someone asked him, "Pabrai, why don't

5:22

more people clone like you?"

5:24

He said,

5:25

"They have too much ego. I don't care if

5:27

you think I am unoriginal. I care about

5:29

winning."

5:31

That is it. He's not trying to impress

5:33

you and me. He just wants results.

5:36

The second way ego shows up is more

5:38

sneaky. Even when people try to copy,

5:41

they dip their toes in for a week and

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give up.

5:44

Pabrai says, "These damn humans hear

5:46

something and say, "Good idea. Maybe I

5:48

will use it." That does not work. You

5:51

have to go 10,000%

5:54

or nothing.

5:55

But, here's what most people

5:56

misunderstand about cloning. They think

5:58

it means becoming a mindless copycat. It

6:01

is the opposite. Pabrai cloned from

6:04

multiple sources. Buffett for investing,

6:07

Munger for thinking, Graham for

6:09

principles, philosophers for life

6:11

decisions. He took the best from the

6:13

best and put them together his own way.

6:16

And the funny thing is, by cloning from

6:18

so many sources, he actually became

6:22

original. Because no one else combined

6:24

those pieces the same way. Pabrai says,

6:28

"I have no original ideas. Everything is

6:31

cloned."

6:32

But, nobody else put those pieces

6:34

together the way he did. This brings me

6:36

to the most important part of this

6:37

video.

6:38

I did not make this video just to tell

6:40

you about Pabrai. I made it to help you.

6:44

Almost every single week someone comes

6:46

to me, a friend, a subscriber, asking me

6:48

why their channel is not growing. Why

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their business is stuck. Why nothing is

6:54

working. And every time it is the same

6:58

problem.

6:59

They're trying to be original before

7:00

they understand the rules of the game.

7:03

Let me show you what I mean. A few

7:05

months ago a friend of mine came to me

7:06

for advice.

7:07

She runs a short-form YouTube channel

7:09

where she shares food recipes. I look at

7:12

her channel and honestly, everything

7:14

looks clean, polished, well-edited.

7:17

Then I ask her one simple question.

7:19

"Can you show me the top competitors in

7:21

your niche?"

7:22

She pulls up one of the biggest channels

7:24

in the space.

7:25

And the moment I look at it, I notice a

7:27

few important things.

7:30

They have no subtitles, no music. They

7:34

never put the recipe for the food on the

7:36

screen. Every video is around 30

7:39

seconds. And most importantly, every

7:41

single video was on a topic that was

7:44

already proven to get views in that

7:46

niche.

7:48

But my friend,

7:49

she was doing the opposite of all of it.

7:52

She was adding subtitles, music, putting

7:55

the full recipe on the screen. And on

7:57

top of that, she was picking topics

7:59

based on what she thought the audience

8:00

wanted.

8:02

So, I asked her,

8:03

"Why are you doing this differently?"

8:06

And she says,

8:07

"Well, I think adding the subtitle and

8:09

recipe makes it more useful for the

8:11

viewer. Plus, I want to create something

8:13

original. I don't want to be a copycat."

8:16

And this is exactly where beginners go

8:18

wrong.

8:19

Because that creator, the one with

8:21

millions of views, that's not an

8:24

accident. That person already figured

8:26

something out. There's a reason there

8:29

are no subtitles, no music, and no

8:31

recipe on the screen.

8:32

They probably tried all of those things.

8:36

And the data told them, "It does not

8:38

work."

8:39

But beginners come in and think,

8:42

"I know better. I will do it my way and

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improve it."

8:46

No, you will not. Not yet.

8:50

And this really drives me crazy, because

8:53

in real life, nobody would ever do this.

8:57

Think about it. If you wanted to become

8:59

a barber, you would never walk into a

9:01

barber shop on day one and say, "Hey

9:03

everyone, I have never cut hair before

9:05

in my life, but don't worry, I am going

9:07

to figure out my own way."

9:10

Of course, you would never do that.

9:12

Instead, you would find the best barber

9:14

you could, you would stand behind him

9:16

and watch how he holds the scissors, how

9:18

his wrist moves, how he tilts the

9:20

customer's head, how he talks to them

9:22

while he works. You would copy

9:24

everything. And only after weeks of

9:27

doing it this way, once your hands

9:29

actually understand the craft, then you

9:33

would start experimenting.

9:35

But as soon as people start a business

9:37

or YouTube channel, they skip this step

9:39

completely. They do not learn first.

9:43

They do not copy first. They just

9:46

reinvent.

9:48

And then they wonder why nothing works.

9:50

By the way, my friend actually listened

9:53

and started cloning what works. 3 months

9:56

later, she proudly shows me how many

9:58

views she got. One video hit 100,000

10:01

views.

10:02

Then another crossed half a million.

10:05

She did not invent anything new. She

10:08

just stopped trying to be original and

10:10

started cloning what was already

10:11

working.

10:13

And now she is slowly starting to

10:16

experiment with new things because she

10:18

already understands the basic rules of

10:20

the game.

10:22

All right. So, let's get practical. You

10:24

want to clone?

10:26

Here's how.

10:27

Go back to what Pabrai did. He did not

10:29

pick five investors and grab a little

10:31

from each. He picked the one. The

10:35

absolute best, and he went all in before

10:38

he branched out. That is what you need

10:40

to do. Find your Buffett. If you're a

10:43

YouTuber, find the one channel in your

10:46

niche that is doing better than everyone

10:47

else.

10:48

If you're starting a business, find the

10:50

one person who already built what you

10:52

are trying to build. Pick one. And once

10:55

you find them, do not just skim the

10:57

surface. Pabrai did not just watch one

11:00

interview and call it a day. He read

11:02

every letter, went to meetings for 20

11:04

plus years. He was not trying to get a

11:07

summary. He was trying to understand how

11:10

Buffett thinks. What principles are

11:12

behind every decision he makes?

11:14

And here's the part most people skip.

11:17

The boring parts.

11:19

Everyone wants to clone the big flashy

11:21

insight, the one golden idea. But

11:24

success is not one big insight. It is

11:28

1,000

11:30

small decisions that stack up over time.

11:33

How you structure your morning, how you

11:35

handle distractions, how you protect

11:37

your time.

11:38

It's like going to the gym. You can't

11:40

just do the exercises you enjoy and skip

11:42

everything else. Doesn't work like that.

11:45

You have to do the whole program.

11:48

Same thing here. Clone the whole system,

11:51

not just the parts you find exciting.

11:53

Then, and only then,

11:56

you are allowed to adjust.

11:58

So, if you are out there right now

12:00

trying to build something and nothing

12:02

seems to be working,

12:04

stop for a second and ask yourself one

12:08

honest question.

12:09

Am I copying what already works or

12:12

trying to be original before I have

12:14

mastered the basics?

12:16

Because chances are the winning formula

12:18

is already right in front of you,

12:21

but you refuse to use it.

12:23

Thanks for watching.

12:24

And if you think this video might be a

12:26

help to a friend or family member,

12:28

please share it with them. Have a nice

12:30

day.

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