Dec '24 (edited) • General discussion
Ends the Analysis Paralysis
I love smart people.
I also see smart people try to figure out everything in their head.
Look...
You can not learn to ride a bike THINKING about it and IMAGINING riding a bike.
I don't care how smart you are.
I don't care how good your imagination is either.
You can be Einstein mixed with Picasso.
You will not learn to balance and ride the bike trying to imagine every possible scenario.
👉Investing and business is NOT school.
👉👉👉You don't get paid for getting the right fucking answers!
👉You get paid for producing a RESULT (and then if it's not the result you want, you adjust and take another action.)
You will grip the handlebars nervously...
And you will be wobbly AF.
You may even fall down a time or two...
But everyone learns to balance if they PUT THEIR ASS ON THE SEAT AND GO!
Ronin style investing is the same.
Most of our "struggle" is in our head.
"What percentage/amount should I offer for X, Y, or Z?"
There is NO RIGHT ANSWER...especially as a HYPOTHETICAL drama we are playing in our HEAD!
Last week, I made a lowball offer of $1550 for someone's newsletter. (I offered about 15% of what I thought I could go out and buy the leads for. How did I come up with that? I pulled it out of my rectum mostly, but I know it doesn't MATTER. I'm trying to get the negotiation going.)
They came back and said that seemed awfully low.
My response:
👇👇👇
"I understand.
I'm not trying to get you mad at me. I'm married and can make my wife mad at me anytime:-)
I'm just trying to work within my budget.
Instead of me offending you further...
What's the lowest price you'd accept without being mad at me?
Thank you,
Travis"
☝️☝️☝️
Their response?
They complimented my humor...
And said they'd do the deal for $4,000.
BOOM! 💥
(BTW: This is for a 14,000 person subscriber list with a 30% open rate with multiple monetization options.)
We will negotiate more over Zoom, but we're in the ballpark .
There IS NO RIGHT ANSWER.
There's only a number that gets the DEAL DONE!
I could do spreadsheets, ask Chat GPT and query all my groups and it STILL WILL NOT GET THE RIGHT ANSWER.
This is not high school.
This is not college.
We don't get a pat on the back and an "A" for getting the right answer.
As investors...
We must BREAK THIS SOCIETAL CONDITIONING!
How do we break it?
A. Figure out what we've got to lose?
B. Figure out what we've got to gain?
If B is multiples of A...
And we won't die or maim ourselves...
Make a BOLD MOVE!
It's the DEED, not the DOER, that posseses power!
We don't need to be obedient, good boys and good girls with the correct answers.
We need BOLD MOVES!
We can always ADJUST!
The funny thing is...
After we practice BOLD MOVES enough...
We realize we can adapt, steer and maneuver in any situation...
...and it's EASIER than going to the corner of mental masturbation and trying to figure out every scenario in our head.
We do not get paid to get the right answer.
There is no right answer, dude(tte)!
Weigh your risk/reward and make a BOLD MOVE!
Most of the time, the only "risk" is ego and not having the correct answer.
That shit eats us alive, REPELS income and keeps us broke.
Rooting for Ya,
Travis
PS Lemme know you read this by commenting 'BOLD MOVES' 👇👇👇
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Ends the Analysis Paralysis
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