Poor People's Decision Goggles
What keeps poor people poor? It's not... šBeliefs šLuck šSmarts šLack of Money šOppression šLack of good looks It's CONSISTENTLY POOR DECISION MAKING! We all make poor decisions from time to time. A poor decision here or there won't put you in the poorhouse UNLESS the DOWNSIDE of the decision is catastrophic. (Drunk Driving, for example) Now... Ronin are here MOSTLY to make an income without masters. So...let's apply this to $$$ Let's talk about ONE decision-making PRINCIPLE which took me from poor to rich so fast it made my head spin. There are whole books on personal finance and business and such. But... This ONE PRINCIPLE is like putting on GOOD DECISION glasses when it comes to money getting. It comes down to this: ā
Rich people have CONTROL. āPoor people do NOT have CONTROL. šI call it the CONTROL PRINCIPLE. šWill this decision give me MORE OR LESS control? It doesn't matter if I "like" it, or not. It doesn't matter if it's "easy" or not. It doesn't matter if it's "popular" or not. It doesn't matter if it "costs" me money or not. All that matters... Does this decision give me MORE CONTROL? ...OR LESS? Case in point: A fine chap I have known for over 5 years... And he's been "broke" for 5 years... Routinely makes decisions NOT based on control, but based on what the decision will cost him. For example: He has a YT channel. Which he has almost NO CONTROL over traffic-wise. Sending his YT traffic to an email list or community or ANYTHING he DOES have control over is a much better decision than letting YT have ALL THE CONTROL. But he refuses to TAKE/GET CONTROL... Why? $9 a month. POOR DECISION! (Google is RICH because they CONTROL STUFF! The same applies to Microsoft, Amazon, etc. Rich people spend BILLIONS to merely GET CONTROL. Google spent billions to get control of YT. They spent what most peeps thought was a stoooooopid amount of money because YT was losing money. But Google uses the CONTROL PRINCIPLE when making decisions. My poor friend does not. Google didn't get rich by getting all the FREE STUFF they could.)