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Scott Galloway: America is Self-Sabotaging Its Own Citizens

Scott Galloway, NYU professor commonly known as “Prof G,” thinks that America is adrift. Communities are dying, young people are feeling helpless, and wealth is slowly being sucked out of the system to give the ultra-rich even more comforts than before. The average American merely wants to make it—having a house, a family, and maybe an ounce of peace. But with mainstream media violently pointing fingers at one another and the modern worker feeling desolate in the daily grind, what can we do to put this country on the correct course?

Scott knows that the game is rigged. He has strong feelings that real estate investors, like many of us, are playing with “cheat codes.” But, that doesn’t mean we’re doing anything wrong. Scott dives into his personal philosophy on who has taken advantage of this country, who needs the most help, and how a young, aspiring entrepreneur or investor can build wealth, without blindly buying into “sexy” assets.

Although Scott likes real estate (and wishes he bought more of it), he cautions young investors to take a step back and be intelligent with their investments. A few right moves when Scott was young allowed him to live the life he has today—but this was through hard work and taking the right action, not waiting for someone else to save him. No matter what age you are, what side of the political spectrum you fall on, or your feelings toward real estate—Scott has words you’ll want to hear.

00:00 Intro
02:40 Quick Tip
03:52 Has America Gone Adrift?
14:46 America’s Uneven Playing Field
19:54 How Young People Can Get Ahead
31:28 Invest. Ignore. Profit.
37:11 The Real Estate Cheat Code
49:08 The More Boring the Better
53:42 Rekindling Human Connection
58:26 Would You Rather?
01:02:04 Connect with Scott!
01:02:44 Prof G’s Biggest Takeaways

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Episode 688

Show notes at: https://www.biggerpockets.com/blog/real-estate-688?utm_source=youtube&utm_medium=description&utm_campaign=none

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