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I have told you this already, but it’s worth to ask the question. ​ What would you prefer? A million euros, dollars, coconuts… whatever... ...Or a cent that doubles every day for a month? ​ When asked this question, your brain tends to activate. Slowly, but you start to do the math. 1 cents, 2 cents, 4 cents... ​ If you are really patience, and your show in Netflix is more boring than normal, the count continues. 8, 16, 32, 64, 1.28€, 2.56€, 5.12€... ​ Your brain notices that the speed is increasing, but after 10 days—one-third of the time the cent will multiply—you only have 5.12€. ​ FAR from a million. ​ "I want the million!"—you quickly ask for it. ​ But continuing with the calculation (those familiar with compound interest might sense the outcome), on day 30 you would have 5,368,709€. ​ Or more than 5 millions… or 5 times the first option or 4 million euros missed. ​ The slow pace at the beginning prevents you from seeing the exponential result. ​ Our poor primitive brains are unable to cope with this… ​ The same happens with knowledge. ​ First you know something new, and you apply it. Then, the next day, or week… you learn something new and you apply it. And again. And again. ​ In two years, you’re a different person. ​ I propose you to start, for example, by this. ​The 15 Lessons Learned of a PPP Project Nightmare​ ​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. ​ ​ |
Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | C-Suite Executive | Mentor, Coach, Strategic Consultant | Real Estate Investor | 👇JOIN +2k readers 👇
It’s not a story of mine. No. The great Nassim Nicholas Taleb, in his book Antifragile compared two people: a high-level executive with a good salary, dressed in a suit and tie, and an immigrant taxi driver, self-employed, with a variable income and dressed as best he can. Taleb remarked that, while the executive may seem to have a calmer, more secure life with a better salary, better suits, and nicer restaurants, deep down, he lived in immense internal fear. He sh*t in his pants. This fear...
I say it many times. People prefer to be right than making money. Successful people though have less ego and more money in their pocket. Don’t believe so? Let me ask you what you would do in this situation. In 1997, the movie The War of Troy premiered, with a production budget of $15 million. Easy… probably you never heard of it, right? Well… after it was completed, it was shown in two theatres, sold $309 in tickets, and Warner Brothers pulled it. Sent it to hell. Why? Why not show it in more...
Christmas is a fantastic moment of the year to check how the world work. Many people have no idea of what your hard-earned dollars that move the world work. Many people still ask me whether to invest as a company or as individual. Look. One of the biggest financial predators of our money is the government… Taxes. You want the new Mac. Retail cost 2.300$. Imagine that you are lucky and make 10.000$ a month and you want to buy that Mac. The government eats around 40% in income tax. You got...