The only thing more valuable than time, and why valuing time keeps you poor.
“Focus on the work…consider your time…don’t be afraid to grind it out…obsess about the process. Work smart, not hard.” – Random gurus.
This is some of the most confusing and misleading advice gurus have spewed.
The problem with any of these ideas is that they’re only roadblocks in regards to your goal.
Poor people value their time more than anything. Which means they value effort and time more than results.
If something was “too easy” they don’t value the result of whatever they got. We see this especially when rich kids that inherit money don’t value it because they didn’t work for it.
In other words, poor people look at something’s value based solely upon the amount of effort that went into it.
The secret to understanding can be found in diamonds (we’re not talking about the typical De Beers monopoly that limits supply).
Why are diamonds so valuable? Isn’t there a huge supply of them and the market is artificially manipulated by De Beers? Yes. Poor people scream that they think diamonds should be cheaper because they’re plentiful and easy to mine. So, why are they valuable? Because it still takes a ton of time / expertise to cut those diamonds.
Diamonds are valuable not because they’re scarce (which they’re not), but because of the expertise required to cut and polish them.
Pretend a master car mechanic looks at your broken down car and no other mechanic could figure out what the problem was. He fixes it in 5 minutes with a $0.50 part, and demands $500.
If that scenario feels like an outrage, you’re poor.
A poor person doesn’t value expertise, and more importantly, they don’t value RESULTS.
They foolishly value the process, the time, the grind, the effort. And a savvy master mechanic that could fix a car in 5 minutes should instead insist that they keep it for a day to do a “full evaluation,” say they spent “10 long hard hours” and FINALLY figured out the problem, and state that even after all extensive labor and finding the parts, the price is ONLY $500.
That sounds much more reasonable to a poor person, despite them losing their car for an entire day and inconveniencing themselves. But they can’t understand that it took 20 years of expertise to be able to identify a problem in 5 minutes.
Sometimes you can tell the net worth of your boss when you get a job done super fast / easily (that usually takes a full days work to achieve), and they become upset if you lounge around the rest of the day while on the clock. “If you ain’t workin’, you ain’t gettin’ paid!” They’re either a poor minded fool or greedy as hell – either way, you don’t want a boss like that.
Poor idiots idolize WORK. Rich geniuses idolize RESULTS. – TruthCake
When you don’t value results higher than everything else, you make bad decisions, and when you make bad decisions, you end up poor.
Poor people think there’s more value in the 30 DVD course (that never gets to the point) than the 15 minute video that would actually get you the results.
This poor mindset is the reason books are so large people can’t get through them as opposed to the book getting to the point (and the result you want). No one will pay for a 12 page book in the book store, but they will happily pay for a 450 page compendium where 438 pages is stuff they already knew or fluff.
What things do you notice all around you that are the way they are because of the poor mindset that many people have? What have you personally valued incorrectly because of the bias to value time and quantity over results?
