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S4E4 Innovation for Wealth Creation · The Swan Effect - Creating and Sustaining Your Financial Wellbeing

• 0:00
  Arthi Rabikrisson: Your legacy isn't just about numbers.
• 0:03
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• 0:09
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• 0:50
  Arthi Rabikrisson: Visit wwwallmutualcoza forward slash wealth to learn more.
• 0:56
  Arthi Rabikrisson: Hi there, I'm Arthi Rabikrisson.
• 1:04
  Malika Petersen: Hello, I'm Malika Peterson.
• 1:06
  Malika Petersen: Welcome to the Swan Effect Podcast.
• 1:10
  Arthi Rabikrisson: We're your go-to podcast to simplify the complexities of money management, investing and wealth management.
• 1:18
  Malika Petersen: So that you can gain confidence in your relationship with money and become financially literate, independent and free.
• 1:26
  Arthi Rabikrisson: That first step towards freedom is knowledge, and you can start with gaining that right now by listening to this upcoming episode.
• 1:43
  Arthi Rabikrisson: It's the beautiful month of May where autumn leaves are littering our lawns.
• 1:47
  Arthi Rabikrisson: The weather is definitely cooler in South Africa, with a lot of rain in recent weeks and some early snow on our mountain peaks as well.
• 1:55
  Arthi Rabikrisson: I hope everyone is keeping warm in the Southern Hemisphere and certainly here on the Swan Effect podcast, we're going to warm you up even further with excitement, hopefully, as we talk about innovation for wealth creation, hi Malika.
• 2:10
  Malika Petersen: Hi Arthi.
• 2:11
  Malika Petersen: Gosh.
• 2:11
  Malika Petersen: It is indeed the time to keep warm and listeners.
• 2:15
  Malika Petersen: This topic certainly excites me because not only is it highly interesting, but I mean it requires a lot of creativity and creative thinking.
• 2:22
  Malika Petersen: So let's debunk a big myth about innovation.
• 2:26
  Malika Petersen: It isn't just about tech, startups or Silicon Valley.
• 2:30
  Malika Petersen: No, it's actually about finding new ways to solve problems, meet needs and create value, especially in our own communities.
• 2:39
  Malika Petersen: So our episode today everyone is equal parts Inspiration and Innovation, my two favorite things.
• 2:46
  Malika Petersen: We're diving into how innovation and not just big ideas, can actually lead to some serious wealth creation.
• 2:55
  Arthi Rabikrisson: Absolutely.
• 2:56
  Arthi Rabikrisson: I mean, whether it's a local business that's adopting new practices or bringing in some sort of a supportive tech solution to address a societal challenge.
• 3:06
  Arthi Rabikrisson: You know, innovation, it's a powerful tool for wealth creation.
• 3:09
  Arthi Rabikrisson: Everybody and I must say I think I'm biased when I say this, Malika, because you know, I play this role in the founder landscape and I have already heard of and witnessed such incredible innovations just emerging across our continent.
• 3:22
  Arthi Rabikrisson: You know, when we say entrepreneurs are the economic engine of our continent, it's such a valid statement.
• 3:29
  Arthi Rabikrisson: Okay, but let me not get sidetracked.
• 3:31
  Arthi Rabikrisson: I can talk on and on about this.
• 3:33
  Arthi Rabikrisson: I'm very passionate about the value of innovation to create progress through change and, more importantly, over time, wealth as well and generational wealth.
• 3:44
  Malika Petersen: I know that about you and obviously I can hear it in your voice also, but it's the same for me and kind of like yes, let's come back to first principles by defining what we actually mean by innovation.
• 3:55
  Malika Petersen: It's not just about inventing something new, but it's really about applying creative and even sometimes simple solutions to problems.
• 4:05
  Malika Petersen: Right, and when we talk about wealth creation, we're not just referring to financial wealth.
• 4:11
  Malika Petersen: It's really about creating overall value, whether that's social, economic or personal.
• 4:16
  Malika Petersen: Take, for example, mobile banking in Africa.
• 4:18
  Malika Petersen: Innovations like M-Pesa have really transformed access to financial services.
• 4:24
  Malika Petersen: It empowers individuals, it simulates the economy to grow.
• 4:28
  Malika Petersen: In fact, according to a recent study which I found very interesting, by Statista, two African countries, namely Turkey and Nigeria, were tied for the highest mobile banking adoption in the world.
• 4:42
  Arthi Rabikrisson: That's incredible, incredible, what a milestone.
• 4:45
  Arthi Rabikrisson: Right, and I like your point as well, Malika, where you're saying it's not just limited to technology, it's actually social innovations too, like community-driven education programs, for example, and this can actually create wealth by building human capital.
• 5:00
  Arthi Rabikrisson: So, you know, it's making me think, malika, we're talking about superhero levels of innovation actually.
• 5:04
  Arthi Rabikrisson: So I mean, it's making me think, Malika, we're talking about superhero levels of innovation actually.
• 5:06
  Arthi Rabikrisson: So I mean everyone.
• 5:07
  Arthi Rabikrisson: Think about Iron man, black man, black Panther.
• 5:10
  Arthi Rabikrisson: You know so many of them.
• 5:12
  Arthi Rabikrisson: What do they have in common?
• 5:13
  Arthi Rabikrisson: Okay, besides that they wear spandex suits, of course, but take that aside.
• 5:19
  Arthi Rabikrisson: These icons have built empires with their brains, not just their brawn, right?
• 5:24
  Malika Petersen: Yeah, absolutely, and in keeping with our theme of being your own financial superhero for this season of the podcast, we join parallels to your real life how people like you listening right now can harness your own kind of genius and turn your creativity into financial freedom.
• 5:43
  Arthi Rabikrisson: Going back to my passion point a little bit okay from earlier, Malika, about emerging economies like South Africa and other African-Asian economies too.
• 5:53
  Arthi Rabikrisson: I mean, we face unique challenges, but these unique challenges provide unique opportunities to innovate as well.
• 6:02
  Arthi Rabikrisson: So innovations that tend to be tailored to local contexts, these can address really specific needs and drive inclusive growth.
• 6:10
  Arthi Rabikrisson: And you know it's making me think about, you know we've mentioned Black Panther before T'Challa, his leadership particularly.
• 6:16
  Arthi Rabikrisson: I mean it wasn't just about making money, it was actually about using wealth to create a sustainable future.
• 6:23
  Arthi Rabikrisson: So the country of Wakanda was a beacon of innovation and that wealth was used to uplift the rest of the world.
• 6:31
  Arthi Rabikrisson: Actually, it wasn't locked away.
• 6:32
  Arthi Rabikrisson: So you know, that type of a tech innovation can and should drive social impact actually.
• 6:38
  Malika Petersen: Yeah, and I think one example, one good example, is the rise of fintech solutions across Africa.
• 6:44
  Malika Petersen: One example, one good example, is the rise of fintech solutions across Africa right, that cater to the unbanked population.
• 6:47
  Malika Petersen: Yes, it provides them with access to financial services and opportunities so that they are able to participate economically, and I think that's really important to understand.
• 6:57
  Malika Petersen: I mean, we talk often about wealth creation, growth, but the social impact is so significant and it creates, you know, multi-generational access to financing that creates real change and long-term progress.
• 7:12
  Arthi Rabikrisson: It's such a big unlock, Malika.
• 7:15
  Arthi Rabikrisson: Yeah, oh yeah.
• 7:15
  Arthi Rabikrisson: Another example is the Kasi economy in South Africa.
• 7:20
  Arthi Rabikrisson: So everyone the Kasi economy, or what we in South Africa know as our, I mean it's characterized by around it's crazy Malika.
• 7:29
  Arthi Rabikrisson: So there's about 150 stores that are serving 11.1 million regular customers.
• 7:46
  Malika Petersen: Wow.
• 7:46
  Arthi Rabikrisson: That is phenomenal Opportunity is.
• 7:48
  Arthi Rabikrisson: So when you consider that there's that many spaza, as we call them, or small-time shop owners that start their business I mean they may have technically been actually unemployed and out of a need to be able to provide for their families they've started their business and now they continue to contribute and address the needs of wider society and communities I mean I feel it's just, it's unbelievable, almost it's phenomenal is what it is.
• 8:15
  Malika Petersen: So I think the lesson for me in this is that innovation isn't about starting big.
• 8:19
  Malika Petersen: It's about it's really about being bold.
• 8:21
  Malika Petersen: I mean, let's think about tony stark or iron man right, he built his first suit in a cave and that prototype saved his life, and that's just a reminder that even messy beginnings matters.
• 8:33
  Malika Petersen: It really reminds me of a trip to Kenya that I took, where I met a fantastic woman, dr Daisy Isaiah.
• 8:39
  Malika Petersen: Right, she was actually Miss Tourism Kenya, reigning Miss Planet Kenya.
• 8:43
  Malika Petersen: She was a finalist in both Miss World and Miss Universe Kenya, in 2018 and 2019 respectively.
• 8:48
  Malika Petersen: But she developed an online medical services company, which is so phenomenal because, if, for those of you that don't know, kenya has many people massive population living in rural Kenya right, they don't have access to doctors and pharmacies and all of those things like this.
• 9:07
  Malika Petersen: And what she developed was actually an online solution that allows them to get diagnosis, doctor consultations, et cetera, via WhatsApp.
• 9:16
  Malika Petersen: And it's quite phenomenal because they could upload things like check the temperature from their phones, all of these things.
• 9:23
  Malika Petersen: They could check and upload it and then, if something was needed, doctors could actually automatically write out the pharmacy script.
• 9:32
  Malika Petersen: And they have these drivers called border borders, which have little motorbikes that are able to collect the pharmacy script and deliver it to the person in the rural area.
• 9:40
  Malika Petersen: So it cuts the cost because it's not a massive kind of you know delivery truck or whatever it may be, it's little 50cc bikes that's doing it and it actually provides them with rural care.
• 9:52
  Malika Petersen: What she even went further was to start a subscription model which allows them to pay like, let's say, the equivalent of 500 grand or whatever it may be, a month and be able to access the service via subscription model.
• 10:03
  Malika Petersen: So she's really taking things to the next level.
• 10:06
  Malika Petersen: I must just say that I was very intrigued by the culture of innovation and entrepreneurship in Kenya.
• 10:12
  Malika Petersen: There's a massive priority based on education and entrepreneurship.
• 10:18
  Arthi Rabikrisson: Sure, I mean, I love hearing stories like this.
• 10:20
  Arthi Rabikrisson: It just also it just continues to help us understand how much of a hub of innovation Africa not is becoming, actually is at the moment.
• 10:29
  Arthi Rabikrisson: It's super, super exciting.
• 10:31
  Arthi Rabikrisson: I must say.
• 10:32
  Arthi Rabikrisson: We've become a continent of disruptors, as the cool kids would say.
• 10:36
  Arthi Rabikrisson: There's so many inspiring stories like that, Like, for example, there was a local entrepreneur who also developed a low-cost solar-powered water purification system.
• 10:46
  Malika Petersen: Amazing right.
• 10:47
  Arthi Rabikrisson: So that's now providing clean drinking water to underserved communities.
• 10:52
  Arthi Rabikrisson: So that was one example.
• 10:53
  Arthi Rabikrisson: Then there's another tech startup that's developed an app on the agri side now, so to connect small scale farmers with markets, and now it's providing, you know, such good mutual benefits in the form of they're getting really highlight how innovative solutions can address pressing issues, you know, on the ground issues, and this can create sustainable wealth for innovators.
• 11:23
  Arthi Rabikrisson: So, yeah, you spoke about Tony Stark just now.
• 11:26
  Arthi Rabikrisson: I mean, let's also not forget he didn't just inherit Stark Industries, he actually redefined it right, like even now, what you're saying about the medical doctor, she's redefined this industry in Kenya.
• 11:38
  Arthi Rabikrisson: So you know, like with Tony, his transformation was from he was a weapons manufacturer and then he did this big switch to clean technology and so he became an innovator in that.
• 11:48
  Arthi Rabikrisson: And that was the blueprint in my mind of somebody who's actually pivoting for purpose.
• 11:53
  Arthi Rabikrisson: You know, some of his trauma just basically shift his business and build wealth as a result of that innovation, but obviously such big impact in terms of that.
• 12:03
  Malika Petersen: Yeah, that is so true and I mean I think for me it's key to just notice that when you're purpose-driven, everybody that really does make you take on the challenge of solving real problems and, as a consequence, I think people often miss this because we just spoke a lot about mindset before right and the need to have this mindset of abundance.
• 12:26
  Malika Petersen: I think a lot of people really struggle with that.
• 12:28
  Malika Petersen: They really struggle sometimes to have a mindset of abundance.
• 12:31
  Malika Petersen: I think when you're purpose-driven and you focus on solving real problems, the consequence is that your wealth will grow from you right.
• 12:38
  Malika Petersen: So using your creativity towards purpose and making an impact in the world will end up paying off.
• 12:44
  Malika Petersen: And you know another superhero that I just thought about now.
• 12:48
  Arthi Rabikrisson: Yeah.
• 12:49
  Malika Petersen: Now that I come to think of it, who's that?
• 12:51
  Malika Petersen: Yeah, who's that.
• 12:52
  Malika Petersen: Do you remember Atom from the DC Universe, right?
• 12:55
  Malika Petersen: Oh, yes, yeah, that's the character's name.
• 12:58
  Malika Petersen: He's a scientist, not a billionaire by birth, and he created wealth by commercializing his physics research.
• 13:05
  Malika Petersen: He wasn't building miniaturization tech just to shrink cereal boxes, right?
• 13:12
  Malika Petersen: Well no, he was trying to solve real environmental and health challenges.
• 13:17
  Malika Petersen: So that's proper purpose-driven innovation.
• 13:21
  Arthi Rabikrisson: I like that, I really really like that.
• 13:22
  Arthi Rabikrisson: In a way, I guess what you're saying, Malika, is that innovation kind of has to align with your values too, because it's values that underpin your purpose, isn't it?
• 13:31
  Arthi Rabikrisson: Exactly.
• 13:32
  Malika Petersen: I mean, that's a great way to look at it, and you're making me think of another iconic and wealth superhero, batman or Bruce Wayne.
• 13:38
  Malika Petersen: Oh, yes, batman.
• 13:39
  Malika Petersen: Yeah, right, it's another case of where brains and heart are a winning combination.
• 13:44
  Malika Petersen: Okay, because Bruce Wayne didn't rely solely on his wealth to build Gotham's infrastructure right.
• 13:50
  Malika Petersen: He combined it with his passion and values for justice and problem solving Right, and also then key partners to support him, and he's both like Alfred and Commissioner Gordon and Robin.
• 14:01
  Malika Petersen: You know it was that combination, yeah.
• 14:04
  Arthi Rabikrisson: You know again, I mean, you're making me think as well.
• 14:06
  Arthi Rabikrisson: So I mean, here was a man with no powers like other superheroes, but he had a wealth of resources, a support system, as you've said Clearly, a mind for innovation, with some deeply embedded values, like you've also mentioned, but then also some really dark emotions because of a lot of trauma, right.
• 14:22
  Arthi Rabikrisson: So I mean quite a cocktail if you think about it, but you know he didn't let those like dark narratives tear him down.
• 14:29
  Arthi Rabikrisson: So I'm so glad that you talked about mindset as well, because in our previous episodes, listeners, we've spoken about mindset.
• 14:36
  Arthi Rabikrisson: We've spoken about how shifting those can allow you to take control of your actions towards growth and ultimately, like you said, malika, a consequence of that can be financial prosperity.
• 14:46
  Malika Petersen: No, absolutely, and I mean the reality is again.
• 14:49
  Malika Petersen: We've spoken about this before when you have an unproductive mindset, for example, not wanting to try something because you assume it will fail, or fearing the worst possible outcome, that's the thing your ability, your creativity, even to be able to solve a problem and innovate and to take those steps forward yeah, you know what I like, mr Fantastic Malika he's.
• 15:11
  Arthi Rabikrisson: you know, his character name is Reed Richards.
• 15:12
  Arthi Rabikrisson: I mean, he was a genius, but if you think about him, he was a genius who was willing to fail.
• 15:17
  Arthi Rabikrisson: Right, he failed a lot, and then what he would do?
• 15:20
  Arthi Rabikrisson: He would take that as learning and iterate on his ideas.
• 15:23
  Arthi Rabikrisson: So for me, that really is a true innovator.
• 15:25
  Arthi Rabikrisson: It isn't everybody.
• 15:27
  Arthi Rabikrisson: Innovation isn't about getting it right the first time.
• 15:29
  Arthi Rabikrisson: It's about willing to fail and learn.
• 15:32
  Arthi Rabikrisson: And in the real world, failure is actually a step towards innovation, so we shouldn't be fearing it.
• 15:38
  Arthi Rabikrisson: We're really on a roll today.
• 15:43
  Malika Petersen: We really are and our wisdom.
• 15:44
  Malika Petersen: But I think let's do a quick recap of lessons inherent in our message so far and just so that it's clear for everybody about how they can start to use innovation to create wealth in their own life.
• 15:57
  Malika Petersen: All right, sure?
• 15:57
  Malika Petersen: I think the first point is solve real world problems.
• 16:01
  Malika Petersen: The most successful innovators look for real world problems to solve right Chronic challenges in the industries you're in, whether it's tech, health or finance.
• 16:12
  Malika Petersen: Start small, but think big, like Iron man and the Black Panther.
• 16:16
  Malika Petersen: If you consider the Kasi example you used earlier on, the problem they were trying to solve is that people who lived in the township can't always get to big shopping centers.
• 16:25
  Malika Petersen: It's difficult and expensive from a cost perspective.
• 16:28
  Malika Petersen: They created a small way of their communities accessing those products.
• 16:32
  Malika Petersen: So that's a really good example when we talk about solving real-world problems.
• 16:37
  Malika Petersen: Next up, leverage existing resources.
• 16:40
  Malika Petersen: So innovation doesn't have to be a multi-million dollar investment.
• 16:45
  Malika Petersen: You can leverage what you already have your knowledge, your networks, your small-scale solutions.
• 16:52
  Malika Petersen: To start, you know, like Atom or Mr Fantastic's, think about how you can maximize your current capabilities and resources.
• 16:59
  Arthi Rabikrisson: Yes, Ooh, okay, I'm going to add in two.
• 17:02
  Arthi Rabikrisson: I'm going to add in a third one being a partner for growth.
• 17:06
  Arthi Rabikrisson: So, just like Batman needed Alfred, iron man needed Pepper Potts.
• 17:09
  Arthi Rabikrisson: Build a strong support system, everybody.
• 17:12
  Arthi Rabikrisson: So team up with people who bring different perspectives and don't be afraid to share ideas and resources.
• 17:17
  Arthi Rabikrisson: And then maybe a fourth one, malika, would be that point we made about iterating, failing and learning.
• 17:23
  Arthi Rabikrisson: Okay, so innovation is a journey.
• 17:26
  Arthi Rabikrisson: Don't fear failure.
• 17:27
  Arthi Rabikrisson: Everyone, like Mr Fantastic, test your ideas, learn from the setbacks, keep refining, because every setback is a learning opportunity and embrace the process.
• 17:36
  Arthi Rabikrisson: It will pay off.
• 17:38
  Malika Petersen: No, absolutely.
• 17:39
  Malika Petersen: I think we are known for creating real, practical steps for our listeners, right.
• 17:44
  Malika Petersen: So let's consider how our listeners can harness innovation to create well, practically.
• 17:49
  Malika Petersen: Start by identifying problems or inefficiencies in your community or industry that need solutions.
• 17:56
  Malika Petersen: For example, how can we reduce food waste going into the burning to be otherwise set up in a dump, for example?
• 18:04
  Arthi Rabikrisson: Oh, you know, funny, you should actually use that example.
• 18:06
  Arthi Rabikrisson: Malika, I actually know of two women who saw this very same problem in very separate communities, and they've come up with also different solutions to tackle it.
• 18:15
  Arthi Rabikrisson: It's been so amazing to see the levels of creativity that's coming through from them, and already it's creating impact in their community, so how fortuitous that you should actually mention that as an example.
• 18:27
  Malika Petersen: No, no, I absolutely love that Right.
• 18:29
  Malika Petersen: Another example is taking kids to school, especially working parents going back to the office.
• 18:34
  Malika Petersen: Many companies are going back to office post-COVID and it's tough figuring out their schedules.
• 18:40
  Malika Petersen: I know a few people that have started shuttles and kids cab services, which is such a good take up.
• 18:47
  Arthi Rabikrisson: Yeah, you know, I see these little cabs moving around and I think, oh, these are such great ideas.
• 18:51
  Arthi Rabikrisson: I mean, I know the struggle being on the school run every day, so I get it.
• 18:56
  Arthi Rabikrisson: Such a great idea.
• 18:57
  Arthi Rabikrisson: All right, no cool.
• 18:58
  Arthi Rabikrisson: I think another one that I would say in terms of these practical next steps is everyone start small but solve big, Okay.
• 19:06
  Arthi Rabikrisson: So what do I mean by that?
• 19:07
  Arthi Rabikrisson: It could be, you know, maybe you're creating a template at work.
• 19:12
  Arthi Rabikrisson: Say, something that just saves time is a bit more efficient.
• 19:15
  Arthi Rabikrisson: You know, actually, a client of mine.
• 19:16
  Arthi Rabikrisson: She came from a management consulting background and she learned something around how to simplify the structure of archiving information using files and folders in her industry.
• 19:27
  Arthi Rabikrisson: So now she's in a different industry, right, she's switched over and she's implemented this and in her mind, this is like such a simple thing to be doing, but in the industry she's in, it's seen as such a big innovation for her market.
• 19:42
  Arthi Rabikrisson: It's probably going to lead to other bigger things as a result of that.
• 19:46
  Arthi Rabikrisson: So you know, don't discount what we said earlier about those simple solutions.
• 19:49
  Arthi Rabikrisson: It can have big impact.
• 19:50
  Arthi Rabikrisson: Another example could be, like you know, taking your home expenses, your budget that you're putting and finding ways to automate that, potentially even the payments of it, and in that doing that, you might realize that, hey, I've got a solution that maybe other people would want to use so I could scale it.
• 20:06
  Arthi Rabikrisson: So you know, remember, innovation is problem solving with flair, and somebody else might actually buy into your flair as well.
• 20:14
  Arthi Rabikrisson: Absolutely so.
• 20:15
  Malika Petersen: My third and next idea is the collaborative piece right.
• 20:18
  Malika Petersen: Every hero has a team.
• 20:20
  Malika Petersen: You don't need to do this alone, guys.
• 20:22
  Malika Petersen: Bring in your accountability.
• 20:23
  Malika Petersen: Partners, advisors, supporters, even detractors can be a source of opportunity to offer a risk lens to what you're thinking about doing.
• 20:32
  Malika Petersen: In my ecosystem, for example, I have my kids, my husband, my financial advisors, I've got my friends, my colleagues, even external mentors, and each one gives me something different that kind of helps with what I'm doing.
• 20:45
  Arthi Rabikrisson: All valid and valuable right.
• 20:47
  Arthi Rabikrisson: Oh yes, love that, okay.
• 20:49
  Arthi Rabikrisson: So my fourth practical tip everyone is protect your ideas as well.
• 20:52
  Arthi Rabikrisson: So, especially if you're building something unique, consider things like your intellectual property, your trademarks, digital products, you know, whatever can help you scale plus secure your innovation.
• 21:03
  Arthi Rabikrisson: You know, know, and please do so because we're also thinking about securing wealth generation for the future, so it's important yeah, and I think my final one actually is find ways to reinvest your wings right, whether it's money, power, energy.
• 21:17
  Malika Petersen: Put some of that back into learning, testing, growing.
• 21:20
  Malika Petersen: Knowledge is really power, guys.
• 21:22
  Malika Petersen: I mean, you've said this over and over again, but honestly, it does give you the confidence to push ahead and learn and grow, oh you love it.
• 21:29
  Arthi Rabikrisson: I love these tips.
• 21:30
  Arthi Rabikrisson: I'm going to continue to also push forward and put these into action too.
• 21:35
  Arthi Rabikrisson: You know we've had such a good conversation again today, malika.
• 21:38
  Arthi Rabikrisson: I think with that we're at our parting shots.
• 21:40
  Arthi Rabikrisson: What would be yours.
• 21:42
  Malika Petersen: So my parting shot is that innovation is a powerful driver of wealth creation.
• 21:47
  Malika Petersen: It's about creating value, solving problems and improving lives, and it's something each of us can contribute to, regardless of our background or our resources.
• 21:56
  Malika Petersen: Get inspired by looking around your community and just thinking about things in a slightly different way, what is your parting shot Arthi?
• 22:05
  Arthi Rabikrisson: I see, oh, I would say if it's one thing to remember everyone, it's this that innovation starts with intention.
• 22:12
  Arthi Rabikrisson: So you don't need a lab, you don't need a legacy, you just need the courage to see things differently and to act on it.
• 22:19
  Arthi Rabikrisson: So you know, wealth will follow those who are bold enough to build what doesn't yet exist.
• 22:26
  Arthi Rabikrisson: And again, we're saying not just from the ground up, but something that's a simple change in what is already done with the status quo.
• 22:34
  Malika Petersen: Hear hear salute.
• 22:35
  Arthi Rabikrisson: Okay, so now, what innovation are we going to be collaborating on Malika?
• 22:40
  Malika Petersen: We're thinking about time travel like Dr Strange, to create across the entire multiverse, but I think we're lacking I mean only some resources and powers and skills to do that right.
• 22:54
  Arthi Rabikrisson: Okay, but you know what we can learn?
• 22:55
  Arthi Rabikrisson: We can upskill.
• 22:56
  Arthi Rabikrisson: You just said, knowledge is power, after all.
• 22:59
  Malika Petersen: Touche, Until next time, everyone, ciao, ciao.
• 23:05
  Arthi Rabikrisson: Ciao.
• 23:09
  Malika Petersen: Thanks for joining us.
• 23:10
  Malika Petersen: We hope you found these ideas and guidance useful.
• 23:14
  Arthi Rabikrisson: We're both seasoned in the investments industry.
• 23:17
  Arthi Rabikrisson: Malika is at the coalface of how, where and why people invest the way they do.
• 23:24
  Malika Petersen: I certainly am, and you, Arthi.
• 23:27
  Malika Petersen: You've witnessed different types of investor behaviors around money too, and now work as a global award-winning coach to free us from the mindsets that stop us from becoming financially free.
• 23:41
  Arthi Rabikrisson: Do subscribe, share and write a review, or send us comments.
• 23:44
  Arthi Rabikrisson: We would love to hear from you.
• 23:46
  Arthi Rabikrisson: Catch you on the next episode of the swan effect podcast.
• 23:51
  Arthi Rabikrisson: Bye for now, ciao.