"When Should I Actually Enjoy My Money?" — Transcript
Full transcript
- 0:00At what point should individuals enjoy
- 0:03the fruits of their labor and live the
- 0:05life they worked so hard to get to?
- 0:13So, what you ask is a personal question
- 0:15about risk.
- 0:16Which is
- 0:18at what point is it correct to consume?
- 0:20The difficulty or the impossibility of
- 0:22answering that question definitively is
- 0:23because none of us know when we're going
- 0:25to die.
- 0:26And so, if you were going to die
- 0:27tomorrow, you would behave differently
- 0:28than if you're going to die in a week or
- 0:29if you're going to die in a year or
- 0:30you're going to die in 10 years, right?
- 0:32And since we do not know when we're
- 0:32going to die, we plan differently
- 0:34because the
- 0:35the timeline that we have to work with,
- 0:37um
- 0:38dramatically changes our behavior,
- 0:41right?
- 0:42Um and so
- 0:44basically, it's how much of that do you
- 0:45want to consume today versus tomorrow?
- 0:47And I think to some degree, it's how
- 0:48much of your life do you want on
- 0:50consumption versus investment? Like, how
- 0:52much am I going to delay gratification
- 0:54in the future versus enjoying
- 0:55gratification today?
- 0:57Um and I do not think that there's a
- 0:58correct answer to that question because
- 1:00it is entirely a personal, uh thing.
- 1:02Now, me personally, um I mean, I think
- 1:05Nirvana is you want to find a way to
- 1:08enjoy the game that you play that also
- 1:10builds something for the future.
- 1:13And I think when you do that, then you
- 1:14kind of you can uh in some way serve two
- 1:16masters. If you like this video and
- 1:18you're a business owner who wants to
- 1:19break through your current revenue
- 1:19ceiling, I just spilled every lesson
- 1:21from scaling 10 businesses past 10
- 1:23million and three businesses past 100
- 1:25million into a completely free scaling
- 1:26roadmap that I've used to go from zero
- 1:28to one, zero to 10, and zero to 100
- 1:30plus. And so, you can click here and you
- 1:32can check it out. Again, absolutely
- 1:33free. And since you're a business owner,
- 1:35appreciates you and uh enjoy.
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