Money Making Secret: How Do I Earn More Money Than My Competitors
These are a selection of my personal thoughts, musings, rants, witty thoughts & words of wisdom.
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Loy Machedo
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Money Making Secrets: How Do I Earn More Money Than My Competitors
MONEY MAKING SECRET #1: TAKE TIME TO THINK
I get paid more than my closest competitor simply because I spend more time thinking of creative ideas, experimenting with risky stuff and constantly searching for loopholes. When was the last time you did this?
MONEY MAKING SECRET #2: BE ON THE UNPOPULAR SIDE
When everyone is one side of the equation, I always seek to be the one outside that group of people. I hate doing what everyone else is doing. I hate being part of a group. I hate following the crowd. Watch The Big Short (Flim)
MONEY MAKING SECRET #3: YOUR NETWORK = YOUR NETWORTH
I always surround myself with great minds, gifted people I can trust, youngsters with exceptional talent and most importantly my mentors. And I make sure every single day I spend a few minutes talking to them, chatting with them, spending time with them or even giving them something of value. You will not believe how much more times they have benefitted me.
MONEY MAKING SECRET #4: KNOW WHEN ITS TIME TO GET OUT
I was on Quora for 6 months. Gave it more than my best. However, at some point, I started to notice only questions about sex, teenage nonsense, and very poor content. On top of that, I realized people were being given votes & being awarded dummy titles because either they were kissing-ass or they were dancing to the music of the Quora moderators. It was time to get out before I diluted my time, effort and thinking. People do the same in their organizations, professional and personal life. There is a time to get out. And you must get out before you crash. Same happens with Stocks, Shares, Property, Investments, BitCoin, Your Career & Your Personal Relationships – know when its time to get out.
MONEY MAKING SECRET #5: FAST SEX OR SLOW SEX?
There are times when you have sex with your partner rough. And then there are times when you should be gentle with your partner. There is no definitive rule that THIS is the time to be rough or THIS is the time to be gentle. You have to use your expertise, your gut feeling, and your Intuitiveness. So that is why sometimes when there is an opportunity, you have to work with a sense of urgency and be the 1st one through the door (first mover advantage) and then there are time when you have to sit back, watch the others invest and go forward and if everything is safe, then improve on what they are doing and then and only then take the plunge. Because remember this – it isn’t always the 1st one who makes it big. In the long run, its the one who does it right that survives in the long run.
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