Poor People's Decision Goggles

Travis Sago

17d (edited) • General discussion

What keeps poor people poor?

It's not...

👉Beliefs

👉Luck

👉Smarts

👉Lack of Money

👉Oppression

👉Lack 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:

✅Rich people have CONTROL.

❌Poor people do NOT have CONTROL.

👀I call it the CONTROL PRINCIPLE.

👉Will 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.)

When you make moves that consistently give you more control...

You WILL CONSISTENTLY MAKE MORE MONEY!

Control Principle!

It works in Chess.

It works in health.

It works in finance.

If life is a game...

It is a game of CONTROL.

If you're in the top 1% money-wise, I know you use the control principle often. (or you inherited control)...which inheritances are usually blown because: CONTROL PRINCIPLE - the heirs make decisions which give them LESS CONTROL until they've blown it.

If you're struggling...

I know you are not making decisions/taking actions to give you more control.

NO CONTROL = NO MONEY HONEY!

What do you CONTROL?

Now...

Go USE THAT control to leverage MORE CONTROL.

Repeat until rich.

It will happen faster than you think when you follow the CONTROL PRINCIPLE like a religion.

But...

You have to LOOK PAST POPULAR (AND POOR) OPINION.

You will need COURAGE to go against the grain.

People will ENCOURAGE you to make the same poor decisions they made.