You Don't Want To Start A Business - But It's Important That You Think You Do - How Money Works | How Money Works

Why Game Companies Stopped Making Games - How Money WorksGo to https://bit.ly/3Bo4vh9 and use code HMW to get 15% off ClickUp's massive Unlimited Plan for a year! Start reclaiming your time for less than $5 a month. Hurry offer ends soon.Sign up for my newsletter https://compoundeddaily.com 👈 --------------Today the video game industry is worth more than the movie and music industry combined, and the companies that make these games are some of the most valuable businesses in the world.The only thing is, they don’t really make video games anymore.Movie studios are pumping out record numbers of big budget movies which are being viewed by more people on more platforms, but video game studios are doing the opposite.Rock star, the creators of the infamous Grand Theft Auto series used to release a new game every 4 months on average. But as of mid-2022 their latest game is now almost 4 years old, and there is no news of any new releases coming soon.#gameindustry #HowMoneyWorks --------------------------Edited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesAll materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.

Bernie Madoff's Ponzi Scheme Really Wasn't That Bad - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈 Bernie Madoff ran the largest Ponzi scheme in history, which at it’s height had an apparent 65 billion dollars in assets under management made up of investments by everybody from wall street billionaires to pension funds. This all came crashing down in December of 2008, as the fraudulent businessman was arrested and subsequently charged to face over 100 years in prison, a sentence that he served up until his death last month. But here is the thing, Bernie's fraud, was… not…that… bad… In fact there is arguably more damaging behaviors taking place in the markets day in and day out today by some of the most revered businessmen in the world. To understand this, it’s time to learn how money works by defending the indefensible and really understanding how Bernie Madoff ran his business. So the basic function of a Ponzi scheme is that a legitimate looking operation is set up to attract investors looking to make a nice healthy return. Now this operation could theoretically purport to do anything…. Shipping, mining, manufacturing, but more often than not it is investing. Why investing? Because it is the most discrete… you see you will never actually perform any of the tasks that you claim you will to the investors and an investment firm doing nothing looks pretty much identical to an investment firm doing a lot, at least from the outside. #BernieDidNothingWrong #Finance #HowMoneyWorks Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - -----------------------------------

The Predatory Monetization of Video Games - How Money Works Thank you to Morning Brew for being my first ever video sponsor. Anybody who has watched my channel for some time knows that I will only work with brands I personally use myself. It's completely free so there is no reason not to check it out at - https://bit.ly/mbhowmoneyworks2 Morning Brew has been the inspiration for many of my video's so if you enjoy my content you will love theirs. Sign up for my newsletter https://compoundeddaily.com 👈 ___________________________________________________________________________ Video game developers are companies with a profit motive and in many instances shareholders who they need to keep happy. Selling a game once is great but it means there is a set amount of money that can be made from a set market of games. Exceptions do exist, somehow I have managed to buy Skyrim for the PS3, PS4 and PC, but I don’t like to talk about it. The problem here is that some people are only willing to spend $20 a month on video games where other people are happy to spend thousands. The only way to truly maximise profits is to get every possible gamer to pay the maximum possible amount that they are individually willing to pay for a game. #HowMoneyWorks #MicroTransactions #Monetization ___________________________________________________________________________ Link to my brand new Patreon 👉 https://www.patreon.com/HowMoneyWorks ❤️ ___________________________________________________________________________ Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSR Music by Epidemic Sound Stock footage by Storyblocks Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - -----------

Why SPACs are Popular InvestmentsNicola Motors, Draft Kings, and Virgin Galactic have a lot in common.For starters all these companies have recently gone public and are still not profitable and while that's common for many IPOs neither Nicola or virgin galactic have actually generated any revenue from their main service lines.For Nikola they haven't even sold any electric vehicles and for Virgin Galactic they have still yet to deliver on their space tourism services. Most people would consider these stocks to be early stage and incredibly risky for wall street bets though it's a great idea.Perhaps the most important thing to understand about these companies is how they went public and that's through a spec or a special purpose acquisition company.We're going to look at specs how they're structured and answer why they become so popular among investors.SPAC's are by no means anything incredibly new they've existed for a while now but have just recently become popular again.The general idea behind a SPAC is that their management team raises money from investors to go public and then uses that money to buy another company the process through which the acquisition occurs is called a reverse merger and how this works is actually pretty simple...Music from Epidemic Sound#SPAC #IPO #HowMoneyWorksFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.

The Rise of CEOs... That Don't Show Up To Work. To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription. Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channels: @HowHistoryWorks @HowMoneyWorksUncut @HowHistoryWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ [email protected] Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #ceo #business #career ----- The average public CEO now makes nearly 400 times more than the average American as their pay has increased by an average of one THOUSAND four hundred and sixty percent [1,460%] since 1978. Now you probably already know the old joke that… no they are not working 400 times harder than their employees… but being a CEO IS still a serious commitment that normally involves making life long sacrifices to climb the corporate ladder or start a successful business all while being constantly accountable to shareholders and a board of directors. The pay is good, but the work is hard, and if you want to be CEO, you need to be on call 24/7 to put out fires, or your time at the top will be very short lived. That’s the story anyway… So then… what is behind the massive rise in CEO’s that only work part time, IF they show up to work at all? Well it’s time to learn How Money Works to find out why else companies have become happy to pay millions of dollars to people who barely show up to work. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ---------------------------------