Theory Why Business Advice is Shit

noodlelover

noodlelover

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Listening to business and mindset advice is a waste of time at best, and will set you back at worst.

Successful Business Gurus & Mindset Gurus:

To get successful they lied about their wealth, and faked being wealthy, and faked having run "successful" companies, so they can sell you shitty advice. Fake Billionaires & Fake Millionaires lie because they are not about to tell you the secret to their success is to lie constantly, and lie better than the next fake Guru, and use pushy sales tactics to take money from vulnerable people, as well as other manipulation techniques. Examples of these fake guru's are Robert Kiyosaki, Tim Ferris, Tai Lopez, Caleb Madex, John Crestani, Alex Becker, Grant Cardone, Dan Pena, Dan Lock, Kevin David, Jet Set Fly/Josh King Madrid, Ricky Gutierrez, and Kevin Zang.

Other Mindset Gurus such as Tony Robins may not have pretended to be wealthy in the begining, but they got wealthy using psychological manipulation and cult tactics and they are not about to tell you that.

These guru's will give you advice like
  • "Provide Real Value" - so that you mistakenly trust they are not scamming you.
  • "Good things come to those who invest in themselves" so you buy their over priced course of inapplicable platitudes and bad advice
  • "Take action now" So you buy their over priced shitty course right now
  • "Learn from some one more successful than you" Again so you buy their shit.
  • "Leaders make fast decisions" So when you're in their "free" seminar enduring high pressure sales tactics to sign up for the first of many bullshit courses that will drain you of your money, you don't over think things and sign up.
This entire industry is lies, fluff, and manipulation to take your money. The advice is ALL intended to instill in you the beliefs and patterns that will funnel you through bigger and bigger courses to take all your money, until your credit cards are all maxed out and you are of no more use to them.

UnSuccessful Business Mindset/Gurus:

These are fake millionaires and billionaires, that are still failing in the scam guru industry. They may rent lambos, take pics in fake jets, take pics with attractive women, and wear fake gold watches but despite their effort they are still failing.


They give shit advice like don't focus on success metrics (above advice) because they honestly have zero clue on how to succeed.

Actual Rich People:

Examples are Gary Vee and Elon Musk.

They give advice like never stop the Grind, little sleep, never stop working. This is for their brand so they can make more money, not because it's actually good advice or even what they do. You really think people making billion dollar decisions are in a state of non-stop action without time to slow down, reflect, relax and come to quality decisions? Do you think the google CEOs decided to put relaxation Pods in their buildings because they thought success comes from a nonstop grind? It's more bullshit advice.

Rich people are also not likely to tell you the secrets to their industry, because the only reason they still make money is because competition in their industry continues to make worse decisions. If anything, they will intentionally give out BAD advice.

There may be some rich people who have given actual good advice, but there's so much bad advice that it becomes nearly impossible to distinguish the good advice from the bad.

If you can distinguish the good advice from the bad, then you already know the good advice from your own intelligence and/or experience and it was pointless for you to have listened to the advice giver.

So what should you do?

This is my current understanding, and may be shitty advice as well. Feel free to ignore this part.
  • Don't look for universal rules. Strategies in one niche will have the opposite effect in other niches.
  • Do Study Phycology as it applies to your industry - Not some one elses bullshit abstract theories, but experiments that have been conducted and come to your own conclusions. There's a good chance you'll have a better interpretation of the results of phycological experiments than the autistic incel scientist who wrote the research paper and doesn't understand people or the the click bait journalist who processed that paper into sensational bullshit. Avoid Surveys, people lie even when anonymous. Study the aspects of phycology that are applicable to the industry you are trying to dominate.
  • Look for failures in your industry and analyze them, and develop theories on them. Pay special attention to failures that look like they should have succeeded.
  • Understand that you can't just be a little better than the current players in your industry, because people already have familiarity and brand recognition with those players. To make money, you have to take away some one elses revenue within that industry and for any one to switch to your product, they have to believe yours is orders of magnitude better, otherwise they'll stay with what's familiar. The existing successful companies also have more social momentum, including comments, and engagement, and people look to others to decide if they want to try a product, which is another reason you can't just copy existing products but have to dominate them.
  • Come up with theories and models on the customer decision making processes and phycology of your industry. Find ways to validate or invalidate those models, piece by piece, through experiments and data collection. Contrary to what the fake gurus will tell you, your competition is also working extremely hard and you can not out work them. You both have the same amount of hours in a day. You must make better decisions, by having a more accurate model of reality than they do.


Anyways, that's pretty much it. I can't tell you how much time I've wasted listening to these fake gurus, and reading bullshit mindset books and all that crap. Hopefully this helps some people avoid wasting time.
 
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looksmaxxed

looksmaxxed

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if you're luck you become rich enough to retire in your 40s or 50s. aint nobody got time to wait that long until they've lost their prime

the true key is to maximize risk:reward. you either make it or you starve to death. no middle ground.

just lol if you didn't go all in on bitcoin when it was 0.001 usd then hold it like a mad man until it was 60k :lul:
 
noodlelover

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Alexanderr said:
Great thread, man. Crazy how the threads shilling shitcoins get more attention tho, cage at the state of this forum...
Most People want fast easy and massive results and have low attention spans.

In the looksmaxing section most people look for quick solutions and fuck themselves in the long run.
In the money making section most people look for quick solutions and fuck themselves in the long run.

looksmaxxed said:
if you're luck you become rich enough to retire in your 40s or 50s. aint nobody got time to wait that long until they've lost their prime

the true key is to maximize risk:reward. you either make it or you starve to death. no middle ground.

just lol if you didn't go all in on bitcoin when it was 0.001 usd then hold it like a mad man until it was 60k :lul:
Low Risk/High Reward is ideal. Being smart enough, and understanding human nature, game theory, and politics well enough to have invested in bitcoin early knowing it was going to succeed is ideal. Most things come down to game theory and phycology.
 
eduardkoopman

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Huge غرور said:
Every person i talked to with hustle mindset is borderline retarded
Keep Grindin.
Keep hustlin,
Anything is possible,
I promise you.

Just take that first hards step, of actually doing something.
Like getting arrested, or something

 
noodlelover

noodlelover

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eduardkoopman said:
Keep Grindin.
Keep hustlin,
Anything is possible,
I promise you.

Just take that first hards step, of actually doing something.
Like getting arrested, or something

Be really really good looking and lucky is the best piece of advice all parents should give their children.
 
eduardkoopman

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noodlelover said:
fake guru's are Robert Kiyosaki, Tim Ferris, Tai Lopez, Caleb Madex, John Crestani, Alex Becker, Grant Cardone, Dan Pena, Dan Lock, Kevin David, Jet Set Fly/Josh King Madrid, Ricky Gutierrez, and Kevin Zang.
Other Mindset Gurus such as Tony Robins may not have pretended to be wealthy
true. they make money, through their books/courses, etc... And if they are wealthy, it's due to their teaching company.
noodlelover said:
Actual Rich People:
There may be some rich people who have given actual good advice,
Best book on this matter, imo. From 300 million net worth entrepreneur (magazines); Felix Dennis.
A bit outdated, because old book. but in essence still true and great.

 
Hector

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I am really into entrepenourship, economics, financial... I am not rich, because BEING RICH is about the correct things FOR A LONG TIME. But I know more or less the basics, specially because of older people I know, and because economics is universal to any scale.

I am writing this as a hypotetical perfect capitalist environment, without stupid regulations, state-monopolies, state netpotism, total free market (aka full meritocracy), no taxes on capitalization (like in Switzerland per example, in my country tax is 19% kek)

If you live in a western country, more or less the environment is somewhat close to "utopycal" in relative terms compared to socialist shitholes. If you live in a leftie country, your priority must be leave that corrupt and unmoral shithole.

1) Most important thing is focus on long term, this is based in every aspect of life, economics isn't different.

2) You need to create added value. OP spotted this as a cope, it isn't, is literally the key of the creation of wealth. Wealth is created BTW. In the long term, the market ALWAYS, ALWAYS benefits the one who adds value. Because people, companies... seek efficience, and thats is reached with added value. So make sure yo do something, sell something, design something that benefits other people (your potential clients). There is no need to create something new, just improving something, is adding value.

Examples; steam machine added value by making faster, less workers same production; McDonald's added value was making faster food; Ford added value by allowing faster transportation of people and goods; TSMC add value by designing and creating the most efficient and fastest microprocessators; Disney added value is entretaining people; Lockhead Martin adds value by creating most deadliest weapons, UBER adds value by making more efficient the taxi infustry; Lionel Messi adds value as entretaining, Zara added value by fabricating good clothes as a low price; Joe Biden adds value... as nothing, politicians don't add value, they are just state leaches; Ryannair added value by allowing to fly, cheaper as conventional planes, looksmax adds value by creating a space to discuss looks improvement to people.

3) CAPITALIZATION. You know why is called Capitalism? Is called capitalization because is the action of saving plusvalies of work and invest them to create more wealth into the future. Thats why I said WEALTH don't exist per se, it needs to be created and it is infinite. WEALTH = efficience in life, not coins or dollars (thats just a currency to try to materialize labour).

Capitalization is your #1 goal for you if you want to become richer, wealthier. Without capitalization, the world would crumble and go back to mediaval era. Capitalization is the number one goal, or should be, for every fucking company in the world, including modern states (almost none state does that, thats why the system will collapse soon or later IMO), and for your, because as I said, economics are simple and universal, what you should do is what Apple INC should do and what the Helvetica Confederation should do.

For dumbs, save money, and invest it, invest invest invest, not only are you become richer, you are helping world economy. Economy doesn't need consumers, need investors. Don't burn capital with stupid things, save and invest to create wealth, and to become wealthier, because investiments give returns.

When a company that has 3 factories, wants to become wealthier, what it does? It starts to save plusvalies (here is where commies cry) to invest them into building a new factory.

By the simple act of investing the non spent plusvalies, that company, apsrt to become more efficient into producing more goods, spent money on architects, builders, trucks, metallurgic industry, interior designers, truck drivers, bought the land...

it REDISTRIBUITED ITS WEALTH how it is supposed to be, not by theft (taxes). And redistributed its wealth with people and companies that added value. Everything, to become more efficient. Good eh? Of course, politicians took 0 of that wealth, so leaches will make you belive that they are the oned that need to redistribute wealth, instead of a free market, as said before, meritocracy.

And all of this joins with the added value point.

By capitalization or invest, there are infinite ways. Invest into stocks (companies), invest in information (education, learning thing that add value makes you more value in the market, maybe you work with you computer, so you invest into buying a more powerful computer (adds value). Bitcoin isn't an invest by definition, is just normal saving.

250 years ago, capitalism didnt existed, what people produced (very little) was spent. It was with the creation of the firsts investiment institutions (old banks) that capitalism was born. 250 years ago, almost the total world population lived in total poverty. Now this all changed, people never lived better, there is no point in history where people were richer than today. The total succes of CAPITALISM.

Because the farmer that saved, invested in a tractor that made its work thousand of times more efficient, that way famines stoped. A farmer from The Netherlands is 500x times more efficient than a farmer from the Congo. The family of the dutch farmer been capitalizating hundreds of years, the Congo farmer doesn't even capitalize.

If you have 1000€ and you don't spend the max you can into a improvement that will make you generate more than 1000€. You will never by rich by you owm means, and if you win lottery, eventually, you will lose everything.

4) Focus on your branch. This is also related to the added value part. If you want to entrepenourship, you need to add value, and the most probably way you are gonna add value between market competitors is in a branch that you understand.

If you are a baker, you wont start a bussiness about clothes. If you are expert in engineering, you want to add value by making some engineering aspect of something more efficient. That way you will become wealthier. Entrepeneour in the branch you understand.

Those points were universal rules, now some quick pragmatic tips:
-Don't waste time, time is not purchesable. Regular people nowadays waste a shitton of time. Don't do that.
-You should aim to become a capitalist, thats means, the one that puts the capital. You start as a worker, then worker and capitalist, and finally capitalist. Thats when you soley need to sit and relax. You capital is the one adding value, by allowing economy to invest and become more efficient, more richer.


TDLR:
1) Focus on long term, don't get distracted by short term.
2) Try to add value. Something, a service, a good, a knowledge, a strategy, that improves already existing things.
3) Work, save, invest, work, save, invest. Capitalization.
4) Improve your already know branches. Something you are passionate, you already worked, you studied...
5) Don't waste you life, dont be a regular sheep, do things. You will die, don't be a fucking nihilist.
6) Capitalization is buying free time in your future.

CAPITALISMO AHORRO Y TRABAJO DURO. No hay otra.
 
noodlelover

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Hector said:
2) You need to create added value. OP spotted this as a cope, it isn't, is literally the key of the creation of wealth. Wealth is created BTW. In the long term, the market ALWAYS, ALWAYS benefits the one who adds value. Because people, companies... seek efficience, and thats is reached with added value. So make sure yo do something, sell something, design something that benefits other people (your potential clients). There is no need to create something new, just improving something, is adding value.

Examples; steam machine added value by making faster, less workers same production; McDonald's added value was making faster food; Ford added value by allowing faster transportation of people and goods; TSMC add value by designing and creating the most efficient and fastest microprocessators; Disney added value is entretaining people; Lockhead Martin adds value by creating most deadliest weapons, UBER adds value by making more efficient the taxi infustry; Lionel Messi adds value as entretaining, Zara added value by fabricating good clothes as a low price; Joe Biden adds value... as nothing, politicians don't add value, they are just state leaches; Ryannair added value by allowing to fly, cheaper as conventional planes, looksmax adds value by creating a space to discuss looks improvement to people.
Even in your attempt to Cherry pick examples of companies providing "real" value you put in an example like mcdonalds. Eating fast food garbage can save you $1.50 per day (click for source link) which is $547.5 per year, while obesity costs $1,800 average excess annual medical costs (click for source link), lowers IQ, lowers productivity, which in turn lowers economic output so eating at mcdonalds has an expected net excess cost.

Which is why companies like coke cola have spent millions to shift the public's focus towards exercise and away from obesity despite all of the studies (click for source link). Then you have "non profits" like American council on exercise that say 18% to 25% is normal healthy range of bodyfat, despite no evidence to support this and an actually study showing the optimal healthy bodyfat percentage is at most 15% and likely lower. This lie is spread throughout the entire internet, including webmd, and wikipedia and is the information that automatically pops up when you google it.

If you haven't figured out by now, non-profits are funded by companies to promote disinformation to get the public to make self harming decisions that benefit corporations. This information then propagates to the rest of the internet, making the internet in general a source of disinformation. The entire world is farm animals for mega corporations.

Most people believe in religion and many other provable false things because there minds have been taken over by memes and propaganda.

You are not selling to people who can determine "value" but highly malleable, delusional animals that are barely hanging on to reality. Super bowl ads aren't giving logical breakdowns of why you should buy one product over another but are using anchoring and more cutting edge brainwashing techniques to tie emotions to specific brands and products to trigger purchase decisions.

Your other points are mostly all good. Fiats are scams created by governments to take money from poor dumb people via inflation, so you have to invests. Index funds don't keep up with the real inflation, and after expenses the average mutual fund doesn't even keep up with index funds and it's impossible to predict which mutual funds will be profitable based on past performance. So the investment world is a kill or be killed world where you have to be smarter than all the other investors in order to take their money essentially.

The world economy is stagnant not growing and we are fighting over a fixed pie, and as spending decreases as a larger portion of the population becomes retired we will be fighting over a shrinking pie.

Hector said:
Lockhead Martin adds value by creating most deadliest weapons
:ROFLMAO:
Helping destabilize nations and destroy their economy to promote the petro dollar, which allows the U.S. to drain wealth from poorer countries around the world via inflation, which is then fed back into the machine that bombs poor countries to promote the petro dollar. It's a parasitic system, and any company that supports it is by definition part of that parasite and not "adding value" at least not in terms of benefiting humans.

Hector said:
4) Focus on your branch. This is also related to the added value part. If you want to entrepenourship, you need to add value, and the most probably way you are gonna add value between market competitors is in a branch that you understand.

If you are a baker, you wont start a bussiness about clothes. If you are expert in engineering, you want to add value by making some engineering aspect of something more efficient. That way you will become wealthier. Entrepeneour in the branch you understand.

Like I said you have to dominate a niche taking sales from your competition, and taking food from mouths of your competitions children by doing some combination of creating a product that better appeals to the constantly shifting irrational emotions of the consumer, and having a more effective propaganda campaign than your competition. It's survival of the fittest and when you can automate something you fire your workers and let them starve, or else you will be the one that get's outcompeted and you will starve.

Don't get me wrong I love capitalism, communism causes more people to starve, but don't buy into the lies rich people tell themselves so that they can sleep at night. And I'm not demonizing the rich, poor people are fucking loosers that need to step up.
 
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Hector

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noodlelover said:
Even in your attempt to Cherry pick examples of companies providing "real" value you put in an example like mcdonalds. Eating fast food garbage can save you $1.50 per day (click for source link) which is $547.5 per year, while obesity costs $1,800 average excess annual medical costs (click for source link), lowers IQ, lowers productivity, which in turn lowers economic output so eating at mcdonalds has an expected net excess cost.

Which is why companies like coke cola have spent millions to shift the public's focus towards exercise and away from obesity despite all of the studies (click for source link). Then you have "non profits" like American council on exercise that say 18% to 25% is normal healthy range of bodyfat, despite no evidence to support this and an actually study showing the optimal healthy bodyfat percentage is at most 15% and likely lower. This lie is spread throughout the entire internet, including webmd, and wikipedia and is the information that automatically pops up when you google it.

If you haven't figured out by now, non-profits are funded by companies to promote disinformation to get the public to make self harming decisions that benefit corporations. This information then propagates to the rest of the internet, making the internet in general a source of disinformation. The entire world is farm animals for mega corporations.

Most people believe in religion and many other provable false things because there minds have been taken over by memes and propaganda.

You are not selling to people who can determine "value" but highly malleable, delusional animals that are barely hanging on to reality. Super bowl ads aren't giving logical breakdowns of why you should buy one product over another but are using anchoring and more cutting edge brainwashing techniques to tie emotions to specific brands and products to trigger purchase decisions.

Your other points are mostly all good. Fiats are scams created by governments to take money from poor dumb people via inflation, so you have to invests. Index funds don't keep up with the real inflation, and after expenses the average mutual fund doesn't even keep up with index funds and it's impossible to predict which mutual funds will be profitable based on past performance. So the investment world is a kill or be killed world where you have to be smarter than all the other investors in order to take their money essentially.

The world economy is stagnant not growing and we are fighting over a fixed pie, and as spending decreases as a larger portion of the population becomes retired we will be fighting over a shrinking pie.


:ROFLMAO:
Helping destabilize nations and destroy their economy to promote the petro dollar, which allows the U.S. to drain wealth from poorer countries around the world via inflation, which is then fed back into the machine that bombs poor countries to promote the petro dollar. It's a parasitic system, and any company that supports it is by definition part of that parasite and not "adding value" at least not in terms of benefiting humans.



Like I said you have to dominate a niche taking sales from your competition, and taking food from mouths of your competitions children by doing some combination of creating a product that better appeals to the constantly shifting irrational emotions of the consumer, and having a more effective propaganda campaign than your competition. It's survival of the fittest and when you can automate something you fire your workers and let them starve, or else you will be the one that get's outcompeted and you will starve.

Don't get me wrong I love capitalism, communism causes more people to starve, but don't buy into the lies rich people tell themselves so that they can sleep at night. And I'm not demonizing the rich, poor people are fucking loosers that need to step up.
You aren't the one determinating what adds value, is the market. You can just analyse the market.

BTW the more weapons has a country, the higher peace levels are reached. We are living in the most peaceful period of history, and thats thanks to having deadliest weapons.
 
noodlelover

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Hector said:
You aren't the one determinating what adds value, is the market. You can just analyse the market.
Sure but the phrase "create value" can confuse people with no business experience.

"Create what sells better than the competition." is more precise, but when precision is added it becomes clear that this advice is both common sense and in no way applicable, because you can't know what will take your competitors customers until you test it.

It's because there is no such thing as business advice, only basic logic and math, and experience in a specific niche gained through many failures.
 
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carnage

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noodlelover said:
Listening to business and mindset advice is a waste of time at best, and will set you back at worst.

Successful Business Gurus & Mindset Gurus:

To get successful they lied about their wealth, and faked being wealthy, and faked having run "successful" companies, so they can sell you shitty advice. Fake Billionaires & Fake Millionaires lie because they are not about to tell you the secret to their success is to lie constantly, and lie better than the next fake Guru, and use pushy sales tactics to take money from vulnerable people, as well as other manipulation techniques. Examples of these fake guru's are Robert Kiyosaki, Tim Ferris, Tai Lopez, Caleb Madex, John Crestani, Alex Becker, Grant Cardone, Dan Pena, Dan Lock, Kevin David, Jet Set Fly/Josh King Madrid, Ricky Gutierrez, and Kevin Zang.

Other Mindset Gurus such as Tony Robins may not have pretended to be wealthy in the begining, but they got wealthy using psychological manipulation and cult tactics and they are not about to tell you that.

These guru's will give you advice like
  • "Provide Real Value" - so that you mistakenly trust they are not scamming you.
  • "Good things come to those who invest in themselves" so you buy their over priced course of inapplicable platitudes and bad advice
  • "Take action now" So you buy their over priced shitty course right now
  • "Learn from some one more successful than you" Again so you buy their shit.
  • "Leaders make fast decisions" So when you're in their "free" seminar enduring high pressure sales tactics to sign up for the first of many bullshit courses that will drain you of your money, you don't over think things and sign up.
This entire industry is lies, fluff, and manipulation to take your money. The advice is ALL intended to instill in you the beliefs and patterns that will funnel you through bigger and bigger courses to take all your money, until your credit cards are all maxed out and you are of no more use to them.

UnSuccessful Business Mindset/Gurus:

These are fake millionaires and billionaires, that are still failing in the scam guru industry. They may rent lambos, take pics in fake jets, take pics with attractive women, and wear fake gold watches but despite their effort they are still failing.


They give shit advice like don't focus on success metrics (above advice) because they honestly have zero clue on how to succeed.

Actual Rich People:

Examples are Gary Vee and Elon Musk.

They give advice like never stop the Grind, little sleep, never stop working. This is for their brand so they can make more money, not because it's actually good advice or even what they do. You really think people making billion dollar decisions are in a state of non-stop action without time to slow down, reflect, relax and come to quality decisions? Do you think the google CEOs decided to put relaxation Pods in their buildings because they thought success comes from a nonstop grind? It's more bullshit advice.

Rich people are also not likely to tell you the secrets to their industry, because the only reason they still make money is because competition in their industry continues to make worse decisions. If anything, they will intentionally give out BAD advice.

There may be some rich people who have given actual good advice, but there's so much bad advice that it becomes nearly impossible to distinguish the good advice from the bad.

If you can distinguish the good advice from the bad, then you already know the good advice from your own intelligence and/or experience and it was pointless for you to have listened to the advice giver.

So what should you do?

This is my current understanding, and may be shitty advice as well. Feel free to ignore this part.
  • Don't look for universal rules. Strategies in one niche will have the opposite effect in other niches.
  • Do Study Phycology as it applies to your industry - Not some one elses bullshit abstract theories, but experiments that have been conducted and come to your own conclusions. There's a good chance you'll have a better interpretation of the results of phycological experiments than the autistic incel scientist who wrote the research paper and doesn't understand people or the the click bait journalist who processed that paper into sensational bullshit. Avoid Surveys, people lie even when anonymous. Study the aspects of phycology that are applicable to the industry you are trying to dominate.
  • Look for failures in your industry and analyze them, and develop theories on them. Pay special attention to failures that look like they should have succeeded.
  • Understand that you can't just be a little better than the current players in your industry, because people already have familiarity and brand recognition with those players. To make money, you have to take away some one elses revenue within that industry and for any one to switch to your product, they have to believe yours is orders of magnitude better, otherwise they'll stay with what's familiar. The existing successful companies also have more social momentum, including comments, and engagement, and people look to others to decide if they want to try a product, which is another reason you can't just copy existing products but have to dominate them.
  • Come up with theories and models on the customer decision making processes and phycology of your industry. Find ways to validate or invalidate those models, piece by piece, through experiments and data collection. Contrary to what the fake gurus will tell you, your competition is also working extremely hard and you can not out work them. You both have the same amount of hours in a day. You must make better decisions, by having a more accurate model of reality than they do.


Anyways, that's pretty much it. I can't tell you how much time I've wasted listening to these fake gurus, and reading bullshit mindset books and all that crap. Hopefully this helps some people avoid wasting time.
I made the same mistakes when I was 16 to 18. Read all the bullshit books and then realised I wasted two years digging myself deeper into the mess instead of getting ahead
 
Hector

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noodlelover said:
Sure but the phrase "create value" can confuse people with no business experience.

"Create what sells better than the competition." is more precise, but when precision is added it becomes clear that this advice is both common sense and in no way applicable, because you can't know what will take your competitors customers until you test it.

It's because there is no such thing as business advice, only basic logic and math, and experience in a specific niche gained through many failures.
Thats where you talent and experience enters into game. A good bussinessman is the one that is capable of the perfect analysis of the market, so he can act after that by providing some added value. A better product, a cheaper product, a faster service, a different service, a more specific service... Thats another point. Is not easy, there are people capable, there are people that aren't. In fact is what makes it hards, what makes you rich, due to the supply and demand law.
 
banjojones

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noodlelover said:
Listening to business and mindset advice is a waste of time at best, and will set you back at worst.

Successful Business Gurus & Mindset Gurus:

To get successful they lied about their wealth, and faked being wealthy, and faked having run "successful" companies, so they can sell you shitty advice. Fake Billionaires & Fake Millionaires lie because they are not about to tell you the secret to their success is to lie constantly, and lie better than the next fake Guru, and use pushy sales tactics to take money from vulnerable people, as well as other manipulation techniques. Examples of these fake guru's are Robert Kiyosaki, Tim Ferris, Tai Lopez, Caleb Madex, John Crestani, Alex Becker, Grant Cardone, Dan Pena, Dan Lock, Kevin David, Jet Set Fly/Josh King Madrid, Ricky Gutierrez, and Kevin Zang.

Other Mindset Gurus such as Tony Robins may not have pretended to be wealthy in the begining, but they got wealthy using psychological manipulation and cult tactics and they are not about to tell you that.

These guru's will give you advice like
  • "Provide Real Value" - so that you mistakenly trust they are not scamming you.
  • "Good things come to those who invest in themselves" so you buy their over priced course of inapplicable platitudes and bad advice
  • "Take action now" So you buy their over priced shitty course right now
  • "Learn from some one more successful than you" Again so you buy their shit.
  • "Leaders make fast decisions" So when you're in their "free" seminar enduring high pressure sales tactics to sign up for the first of many bullshit courses that will drain you of your money, you don't over think things and sign up.
This entire industry is lies, fluff, and manipulation to take your money. The advice is ALL intended to instill in you the beliefs and patterns that will funnel you through bigger and bigger courses to take all your money, until your credit cards are all maxed out and you are of no more use to them.

UnSuccessful Business Mindset/Gurus:

These are fake millionaires and billionaires, that are still failing in the scam guru industry. They may rent lambos, take pics in fake jets, take pics with attractive women, and wear fake gold watches but despite their effort they are still failing.


They give shit advice like don't focus on success metrics (above advice) because they honestly have zero clue on how to succeed.

Actual Rich People:

Examples are Gary Vee and Elon Musk.

They give advice like never stop the Grind, little sleep, never stop working. This is for their brand so they can make more money, not because it's actually good advice or even what they do. You really think people making billion dollar decisions are in a state of non-stop action without time to slow down, reflect, relax and come to quality decisions? Do you think the google CEOs decided to put relaxation Pods in their buildings because they thought success comes from a nonstop grind? It's more bullshit advice.

Rich people are also not likely to tell you the secrets to their industry, because the only reason they still make money is because competition in their industry continues to make worse decisions. If anything, they will intentionally give out BAD advice.

There may be some rich people who have given actual good advice, but there's so much bad advice that it becomes nearly impossible to distinguish the good advice from the bad.

If you can distinguish the good advice from the bad, then you already know the good advice from your own intelligence and/or experience and it was pointless for you to have listened to the advice giver.

So what should you do?

This is my current understanding, and may be shitty advice as well. Feel free to ignore this part.
  • Don't look for universal rules. Strategies in one niche will have the opposite effect in other niches.
  • Do Study Phycology as it applies to your industry - Not some one elses bullshit abstract theories, but experiments that have been conducted and come to your own conclusions. There's a good chance you'll have a better interpretation of the results of phycological experiments than the autistic incel scientist who wrote the research paper and doesn't understand people or the the click bait journalist who processed that paper into sensational bullshit. Avoid Surveys, people lie even when anonymous. Study the aspects of phycology that are applicable to the industry you are trying to dominate.
  • Look for failures in your industry and analyze them, and develop theories on them. Pay special attention to failures that look like they should have succeeded.
  • Understand that you can't just be a little better than the current players in your industry, because people already have familiarity and brand recognition with those players. To make money, you have to take away some one elses revenue within that industry and for any one to switch to your product, they have to believe yours is orders of magnitude better, otherwise they'll stay with what's familiar. The existing successful companies also have more social momentum, including comments, and engagement, and people look to others to decide if they want to try a product, which is another reason you can't just copy existing products but have to dominate them.
  • Come up with theories and models on the customer decision making processes and phycology of your industry. Find ways to validate or invalidate those models, piece by piece, through experiments and data collection. Contrary to what the fake gurus will tell you, your competition is also working extremely hard and you can not out work them. You both have the same amount of hours in a day. You must make better decisions, by having a more accurate model of reality than they do.


Anyways, that's pretty much it. I can't tell you how much time I've wasted listening to these fake gurus, and reading bullshit mindset books and all that crap. Hopefully this helps some people avoid wasting time.
Elon Musk's daddy owned an emerald mine. A LOT of wealth is based of of intergenerations/having a rich daddy. (not saying the businessmen are successful but you have to START with wealth to make more wealth). Kinda like social dynamics, you need friends to make more friends.
 
Lihito

Lihito

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noodlelover said:
Listening to business and mindset advice is a waste of time at best, and will set you back at worst.

Successful Business Gurus & Mindset Gurus:

To get successful they lied about their wealth, and faked being wealthy, and faked having run "successful" companies, so they can sell you shitty advice. Fake Billionaires & Fake Millionaires lie because they are not about to tell you the secret to their success is to lie constantly, and lie better than the next fake Guru, and use pushy sales tactics to take money from vulnerable people, as well as other manipulation techniques. Examples of these fake guru's are Robert Kiyosaki, Tim Ferris, Tai Lopez, Caleb Madex, John Crestani, Alex Becker, Grant Cardone, Dan Pena, Dan Lock, Kevin David, Jet Set Fly/Josh King Madrid, Ricky Gutierrez, and Kevin Zang.

Other Mindset Gurus such as Tony Robins may not have pretended to be wealthy in the begining, but they got wealthy using psychological manipulation and cult tactics and they are not about to tell you that.

These guru's will give you advice like
  • "Provide Real Value" - so that you mistakenly trust they are not scamming you.
  • "Good things come to those who invest in themselves" so you buy their over priced course of inapplicable platitudes and bad advice
  • "Take action now" So you buy their over priced shitty course right now
  • "Learn from some one more successful than you" Again so you buy their shit.
  • "Leaders make fast decisions" So when you're in their "free" seminar enduring high pressure sales tactics to sign up for the first of many bullshit courses that will drain you of your money, you don't over think things and sign up.
This entire industry is lies, fluff, and manipulation to take your money. The advice is ALL intended to instill in you the beliefs and patterns that will funnel you through bigger and bigger courses to take all your money, until your credit cards are all maxed out and you are of no more use to them.

UnSuccessful Business Mindset/Gurus:

These are fake millionaires and billionaires, that are still failing in the scam guru industry. They may rent lambos, take pics in fake jets, take pics with attractive women, and wear fake gold watches but despite their effort they are still failing.


They give shit advice like don't focus on success metrics (above advice) because they honestly have zero clue on how to succeed.

Actual Rich People:

Examples are Gary Vee and Elon Musk.

They give advice like never stop the Grind, little sleep, never stop working. This is for their brand so they can make more money, not because it's actually good advice or even what they do. You really think people making billion dollar decisions are in a state of non-stop action without time to slow down, reflect, relax and come to quality decisions? Do you think the google CEOs decided to put relaxation Pods in their buildings because they thought success comes from a nonstop grind? It's more bullshit advice.

Rich people are also not likely to tell you the secrets to their industry, because the only reason they still make money is because competition in their industry continues to make worse decisions. If anything, they will intentionally give out BAD advice.

There may be some rich people who have given actual good advice, but there's so much bad advice that it becomes nearly impossible to distinguish the good advice from the bad.

If you can distinguish the good advice from the bad, then you already know the good advice from your own intelligence and/or experience and it was pointless for you to have listened to the advice giver.

So what should you do?

This is my current understanding, and may be shitty advice as well. Feel free to ignore this part.
  • Don't look for universal rules. Strategies in one niche will have the opposite effect in other niches.
  • Do Study Phycology as it applies to your industry - Not some one elses bullshit abstract theories, but experiments that have been conducted and come to your own conclusions. There's a good chance you'll have a better interpretation of the results of phycological experiments than the autistic incel scientist who wrote the research paper and doesn't understand people or the the click bait journalist who processed that paper into sensational bullshit. Avoid Surveys, people lie even when anonymous. Study the aspects of phycology that are applicable to the industry you are trying to dominate.
  • Look for failures in your industry and analyze them, and develop theories on them. Pay special attention to failures that look like they should have succeeded.
  • Understand that you can't just be a little better than the current players in your industry, because people already have familiarity and brand recognition with those players. To make money, you have to take away some one elses revenue within that industry and for any one to switch to your product, they have to believe yours is orders of magnitude better, otherwise they'll stay with what's familiar. The existing successful companies also have more social momentum, including comments, and engagement, and people look to others to decide if they want to try a product, which is another reason you can't just copy existing products but have to dominate them.
  • Come up with theories and models on the customer decision making processes and phycology of your industry. Find ways to validate or invalidate those models, piece by piece, through experiments and data collection. Contrary to what the fake gurus will tell you, your competition is also working extremely hard and you can not out work them. You both have the same amount of hours in a day. You must make better decisions, by having a more accurate model of reality than they do.


Anyways, that's pretty much it. I can't tell you how much time I've wasted listening to these fake gurus, and reading bullshit mindset books and all that crap. Hopefully this helps some people avoid wasting time.
All of this shit just to realize genetics > everything
 
Lihito

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Alexanderr said:
Great thread, man. Crazy how the threads shilling shitcoins get more attention tho, cage at the state of this forum...
Niggas want fast money:feelswhat:
 
Lihito

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Huge غرور said:
Every person i talked to with hustle mindset is borderline retarded
.
 
autistic_tendencies

autistic_tendencies

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Because the people you’re getting advice from is your competition!
 
mulattomaxxer

mulattomaxxer

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eduardkoopman said:
Keep Grindin.
Keep hustlin,
Anything is possible,
I promise you.

Just take that first hards step, of actually doing something.
Like getting arrested, or something

Fuck I love Jeremy Meeks. I am caging at this video hard, its just too good.

I think most people lack the comprehension to see anything from outside their own reality. When Meeks talks about making $180,000 for a four hour music video and says making money is easy I just couldn't stop laughing.
 

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