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 👇
These days, still in Spain, I had the opportunity to talk to many infrastructure professionals. Things are slow. Bad. Nothing new. Construction companies are risk averse. They prefer private clients now… aka, data centers and batteries. Projects are small. Lenders are worried. Etc. Look. Every guru out there is writing, talking, showing "projections for 2026"... It's as typical as the new year eve. It arrives every year. Together with their mistakes. And my friends, gurus included, forget...
You learn by doing. As Robert Kiyosaki said if you think that mistakes are bad, you’re doomed. Imagine yourself with this attitude: “I’ve taken action, I’ve made some mistakes, and now I can learn from those mistakes”. In this case, you’ll be a much richer person. In your pocket and your mind. “People who must be perfect, or cannot allow themselves to make mistakes, are often people without much 20/20 vision. They are the people who make the biggest mistake, which is to fail to learn from...
Small children don’t wait. They come with their “wee, wee” statement… like a Change Notice on Christmas Eve. And it means now. Not in 1 min, that I’m eating. No. Just right now. In a rush, you take over everything you need for such a complex operation. Peeing in a public / restaurant toilet. And you arrive in a rush. Then, you realized the obvious thing. Too many tables. Too many people eating. Too few bathrooms. The waiting list announces the inevitable. A wee-wee accident. Kids are not made...