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*Thread* - The Invisible Economy
How to lower the 'price to pay'
Earn all your desires 10x faster (Formula)
How to lower the 'price to pay'
Earn all your desires 10x faster (Formula)
Self-Esteem - "esteem" comes from the word appraisal
Appraisal = estimation & assessment of the value of something or someone
We don't get what we deserve
We get what we THINK we deserve
This is why people pay SO MUCH MORE than they need to in trying to get what they want
Appraisal = estimation & assessment of the value of something or someone
We don't get what we deserve
We get what we THINK we deserve
This is why people pay SO MUCH MORE than they need to in trying to get what they want
Authors who narrate their own audiobooks
End up realizing better ways they could have said something in the book
You can always find a reason why you're "not ready"
Future you will always be 'more ready'
The 'ready' or 'complete' feeling people seek is impossible to find
End up realizing better ways they could have said something in the book
You can always find a reason why you're "not ready"
Future you will always be 'more ready'
The 'ready' or 'complete' feeling people seek is impossible to find
In reality it's more of a 'good enough' feeling that determines when we launch, ask, take action
A imaginary calculation of the price we paid in relation to the value of the desire
This is the formula...
Here is why people overpay for what they want
A imaginary calculation of the price we paid in relation to the value of the desire
This is the formula...Here is why people overpay for what they want
The Formula1) Self Worth
2) Perceived value of the desire
Notice BOTH are a appraisal, a estimate & assessment
People will pay what they BELIEVE something is worth
"As you believe so shall be done on to you"
Pay meaning - spending & investing time, energy, emotions, money
Joe lacks a intimacy & love
He will crave a relationship MORE than Jim
Jim already has some intimacy & love in his life
Getting into a relationship holds MORE value & importance for Joe
Joe lacks a intimacy & love
He will crave a relationship MORE than Jim
Jim already has some intimacy & love in his life
Getting into a relationship holds MORE value & importance for Joe
When something holds more value & significance
When we stand to gain a lot
What it means to US, our perceived value
Gets PROJECTED onto the price to pay for it
Artificially inflating the price to pay
When we stand to gain a lot
What it means to US, our perceived value
Gets PROJECTED onto the price to pay for it
Artificially inflating the price to pay
Joe thinks Mustangs are the greatest thing to ever exist, he is obsessed with them
That doesn't change the price of the mustang
To Joe it's a big deal
To Cam it's not big deal
They value it differently, but the price of the Mustang is still exactly the same
That doesn't change the price of the mustang
To Joe it's a big deal
To Cam it's not big deal
They value it differently, but the price of the Mustang is still exactly the same
Your goals are exactly the same
When we project, we pay WAY more than is needed because of what it means in value to us
Why do we do this?
It's the 2nd element in the equation
Self-Worth
If Joe BELIEVES he is unworthy, he unconsciously assigns a value to himself
When we project, we pay WAY more than is needed because of what it means in value to us
Why do we do this?
It's the 2nd element in the equation
Self-Worth
If Joe BELIEVES he is unworthy, he unconsciously assigns a value to himself
The thing he craves (which will make him feel worthy) Joe assigns a HIGH value to
This discrepancy is the 'price to pay'
If we look at Cam
Cam believes he is worthy
He has a higher self worth (value appraisal)
He believes he can afford more (is worthy)
This discrepancy is the 'price to pay'
If we look at Cam
Cam believes he is worthy
He has a higher self worth (value appraisal)
He believes he can afford more (is worthy)
When Cam looks at the goal he feels WORTHY of it
Because of this there is little to no PROJECTED INFLATION in the price he will have to pay
His worth/value is at or very near the perceived worth/value of the goal
Therefore, all he really needs to do is show up to 'pick it up'
Because of this there is little to no PROJECTED INFLATION in the price he will have to pay
His worth/value is at or very near the perceived worth/value of the goal
Therefore, all he really needs to do is show up to 'pick it up'
For Cam it's as simple as picking up a cup of coffee
There is no projected baggage
For Joe he doesn't feel WORTHY enough to simply go pick up the coffee
- Joe goes to the gym to be fit enough to look good at the café
- He showers intensely
- He plans how he will say his order
There is no projected baggage
For Joe he doesn't feel WORTHY enough to simply go pick up the coffee
- Joe goes to the gym to be fit enough to look good at the café
- He showers intensely
- He plans how he will say his order
^^ Did Joe need to pay that price to get a coffee?
NO
But he believed he did
He BELIEVED he wasn't worthy of the coffee
When we feel unworthy of our goals, the goal is seen as a big deal. We project & artificially inflate the value of it, making us pay a bigger price
NO
But he believed he did
He BELIEVED he wasn't worthy of the coffee
When we feel unworthy of our goals, the goal is seen as a big deal. We project & artificially inflate the value of it, making us pay a bigger price
So in summary there are 2 factors
1) Self Worth - our perceived value & worth
Determining what we can 'afford'
2) Perceived Value of the Desire - what it means TO US
determines perceived value of the goal, which is what we will have to pay to get it
1) Self Worth - our perceived value & worth
Determining what we can 'afford'
2) Perceived Value of the Desire - what it means TO US
determines perceived value of the goal, which is what we will have to pay to get it
"Worry is like paying debt you do not owe"
- Mark Twain
Thank you for reading
Cheers
- Yous
- Mark Twain
Thank you for reading
Cheers
- Yous
Added NoteThere is no ‘real’ value for self worth it is all perception
We unconsciously & consciously estimate it from these sources:
- What we got in the past (what we have been shown we can afford)
- What we’ve earned (approval, emotions, results. Things we’ve earned)
- How others treat us (shows the markets perception of our value)
- Our trajectory (our time/energy investments or expenditures reflecting where we are headed in value)
- Our potential (What we believe we can become in value)
- Our trajectory (our time/energy investments or expenditures reflecting where we are headed in value)
- Our potential (What we believe we can become in value)
^ all these factors weigh in when ‘appraising’ our self worth
Because they’re mostly perception there is plenty of room for misinterpretation
Which leads to inflation or deflation
Overvalued or undervalued perceptions of self
Inflated egos or Deflated spirits
Because they’re mostly perception there is plenty of room for misinterpretation
Which leads to inflation or deflation
Overvalued or undervalued perceptions of self
Inflated egos or Deflated spirits
