I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
Your ego is costing you lots of money
|
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 theaters and at least try to recover part of the investment? The movie was already made, what difference would it make? The reason is simple: money over ego. Do you know what the most expensive part of a movie is? Advertising. Warner Brothers thought the movie was a piece of sh*t and preferred to write off $15 million rather than spend another $30 or $40 million trying to save it. A $15 million loss added to the profit and loss statement, and they moved on. Easy. Fast. Next project. Let’s make more money. I don’t know what you would have done, but I can imagine things like social media campaigns, big billboards, interviews on TV, complain about the economy, the algorithm, etc. Instead of accepting defeat and changing course. Ego over money, as I said. This happens every day to billions of people out there. They keep the job they don’t like. They keep the business that does go anywhere. They keep the partner that is stealing them. They keep their position in the company that is going to hell. They keep away of investing. They keep the same bank for their mortgage. Etc. You can do much better than that… If you need a hand, click below.
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 | 👇JOIN +2k readers 👇
Anything that is alive is in a continual state of change and movement. The moment that you rest, thinking that you have attained the level you desire, a part of your mind enters a phase of decay. You lose your hard-earned creativity and others begin to sense it. This is a power and intelligence that must be continually renewed, or it will die ---- Robert Greene If you ever wonder what I’m doing at 10pm in New Zealand, just when I’m writing this email… You’ve got your answer. I said many times...
According to constraint theory, the greatest human bottleneck is attention. Yes. Our attention is our most finite resource. Even more finite and valuable than our time. Now, think about why Meta is so valuable. And Elon wanted X. And so on… Indeed, the quality and depth of our attention determines the quality of our time. Most people’s attention is scattered, tugged, and seemingly never right here and right now. The rich know this well. In the US, the top 1% don’t allow kids to interact with...
Human emotions spread fast. Very fast. Much faster than any virus. If you go to a stadium and the home team is winning, there’s an explosion of joy. The exact opposite happens if they lose at the last minute. It’s contagious. Inevitable. If your little boy takes her first steps, the huge look of surprise and joy on his face will infect you instantly. That’s who we are. It’s our nature. You don’t need a PPP Certificate from the World Bank to understand this. So… If you spend your life watching...