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Today's is all about Maslow and how people are trying to jump to level 4 in Maslow's hiearchy of needs, esteem with all this speculation going on in crypto and real estate.
The levels are: 1. Physiological needs 2. Safety 3. Love & Belonging 4. Esteem 5. Self - Actualization
WORK is required for fulfillment (see level 2 Safety) but people leap to level 4 chasing status, recognition and freedom, hoping for a big pay day without doing the work required in level 2.
All castles require a foundation.
Last 24 hours crypto had a correction and systems froze, things came unglued and somebody said the sky was falling.
I laughed when people freaked because all we did was flush out the get rich quick snowflakes.
Bitcoin is back to where it was in a couple months ago. A blood bath would be a 95% loss.
Crybabies! So what's the true lesson?
Your emotions are the difference between you being wealthy and free or enslaved to ever evolving markets.
Remember the $15 smoothie last week? Turns out that's a deal!
Learned that inflation and unemployment subsidies the liberal politicians have been sending out by the billions have destroyed peoples desire to work. Shocking right?
Today I went into details on what's happening and on the RAGE I have against this corrupt system that is stealing the wealth from the people by the bankers and politicians to maintain control and power over us.
During my move I'm noticing a uniquely fascinating thing.
I don't some of what's around me, it's just legacy, still around because it's been around.
Similar with people we serve, customers, clients or investors.
The bottom 10% of them are the vampires that suck energy and consume 90% of our time.
We have to be willing to sever ruthlessly those 10% so we can open up our time and space for those who are GRATEFUL for us, not always taking us.
Who and what needs to be cut in your life today?
A professional investor kills almost all deals he sees. Why? Because most deals are terrible before they even start.
Inexperience, cons, dumb ideas, lack of a professional team etc. etc.
Today I talk about a deal I saw this week that I killed for all sorts of reasons, 30% returns in 6 months, going global, secret broker sauce, basic Ponzi mumbo jumbo.
Everyone's chasing yield in this stagflation environment.
Remember, it's never about return on your capital, it's about return OF capital.
The Government just announced the "official" Inflation number is 4% and that's all prices have gone up according to their sorta secret formula for CPI but...
They are lying.
Why? I explain in todays episode.
And how to protect yourself.
Inflation is at least 15-20% - welcome the beginning of...
HYPERINFLATION
Every person in your life is one of 3 people, a G N or P.
Growth - they inspire you and grow you
Neutral - they're from the past or just seem to be going on merry go rounds.
Pass - these are people who suck your energy and generally make you hit decline on you phone when they call.
Who are you spending time with? The G's YAY! the N's and P's? Yuck, a life by default is coming.
Also - bonus, are financial advisors helping you become financial free or are they becoming free on your back?
DOGE coin is up 34% today, up 1000% in the last month. What is this craziness? Or is this just smart investors? Today we talk about speculation and the printing press of money that's messing up pricing and has people chasing anything tangible and now even non-tangible like NFT's. Then, what's one to do to not get killed by this chaos?
Episode 100
Do you know what game you're playing? Or maybe you're the ball just being thrown around.
Rules? Coaches? How do you win?
How do you OWN the game - first figure out what game it is and then the rules and then become the Tom Brady of your game.
How much is enough? How do you know?
Is it just a number or is it something else?
There's a combination of the PEEC life formula and the number but it's not the number you're given it's the number you create.
Freedom is in the PEEC + Self Trust MAP Blueprint
From the publisher's feed