noodlelover
Kraken
- Joined
- Oct 18, 2021
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If I could only give one piece of advice to my younger-self on making money, it would be this.
Don't switch projects/Ideas EVER.
I'd start something. Work on it for 3-4 years. Decide It's not working because X, and that it really can't work because X, and that I should try another idea. Or it could work but it's not long term sustainable because of Y, so I should try a different idea. Sometimes environment or circumstance changes, and what seemed like a good idea at first, no longer does.
This starting over with a slightly different project, causes you to be a jack of all Trades, but not rich.
What you should do instead, is troubleshoot and find a way to make it to make you rich. Change AS LITTLE AS POSSIBLE about your original project/system. Any change is starting over, so you want to change absolutely as little as possible about the idea and make it work.
Sometimes, you'll hit a wall, and think, this idea really isn't possible, I hit a dead end. Let me try something else. Sometimes you'll think for weeks before giving up and trying something else.
Instead, set time aside everyday. Maybe four hours a day, for YEARS if needed, until you find a way to progress on your original idea and make it work. Sometimes I'll realize I could have made my idea 10+ years ago work, if Only I had thought of Y, but now I'm working on a different project.
If you stay narrow, and find a way for your idea to work, you'll be rich.
As counter intuitive as it may appear, if you genuinely believed in your idea at one point in time, then it could have become a product people wanted to buy, or financially profitable asset trading system. There are no bad ideas, only incomplete executions. That's the one gold nugget, that's taken me many life times to fully realize.
Don't switch projects/Ideas EVER.
I'd start something. Work on it for 3-4 years. Decide It's not working because X, and that it really can't work because X, and that I should try another idea. Or it could work but it's not long term sustainable because of Y, so I should try a different idea. Sometimes environment or circumstance changes, and what seemed like a good idea at first, no longer does.
This starting over with a slightly different project, causes you to be a jack of all Trades, but not rich.
What you should do instead, is troubleshoot and find a way to make it to make you rich. Change AS LITTLE AS POSSIBLE about your original project/system. Any change is starting over, so you want to change absolutely as little as possible about the idea and make it work.
Sometimes, you'll hit a wall, and think, this idea really isn't possible, I hit a dead end. Let me try something else. Sometimes you'll think for weeks before giving up and trying something else.
Instead, set time aside everyday. Maybe four hours a day, for YEARS if needed, until you find a way to progress on your original idea and make it work. Sometimes I'll realize I could have made my idea 10+ years ago work, if Only I had thought of Y, but now I'm working on a different project.
If you stay narrow, and find a way for your idea to work, you'll be rich.
As counter intuitive as it may appear, if you genuinely believed in your idea at one point in time, then it could have become a product people wanted to buy, or financially profitable asset trading system. There are no bad ideas, only incomplete executions. That's the one gold nugget, that's taken me many life times to fully realize.
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