What is your relationship with risk and reward?
The reason I ask is that I recently spoke with a guy who was prepared to spend £10,000 of his own money to buy himself out of a contract – because he was feeling a little down – which would seriously put him out of pocket…
Yet he wouldn’t risk investing £1,000 to make money with which could buy him out of the contract and save him from losing £10,000.
When I asked him why he wouldn’t invest the £1,000, he said that he didn’t want to risk losing it, even though he knew the rewards could be huge.
That confused me a little as he was willing to lose £10,000 to buy himself out of a contract quickly when there was really no need.
It’s not for me to comment on what other people do or why they do certain things, but his attitude reminded me of those people who complain that they never have any money but as soon as they do, they go and spend it on tattoos, cigarettes, drink, and a whole range of stuff which doesn’t actually help them financially.
He was looking for a quick fix.
Instead of looking for a pleasure fix, he was looking for pain relief… which is itself a form of pleasure seeking.
He wanted instant gratification, a quick fix to end his current feelings of pain and anxiety.
Again, it’s not for me to judge, although I do openly question people’s choices, life is to be lived and enjoyed, but at what cost to your future?
The guy I was talking to was having a bad experience, his stress and anxiety levels were up and he wanted to escape from it fast.
However, logic dictates that – and from what I know of the situation he told me about – the bad experience would soon pass and be replaced with a better experience… but his initial reaction was to quit and run fast… at a potential personal loss of £10,000!
Yet he would not consider using £1,000 to make more money with which could alleviate any issues he may be having.
I found it interesting that he would not risk a small sum of money for rewards which could grow and compound into a bigger amount of money, but he would risk a lot of money to simply escape from a little bit of fleeting emotional discomfort.
Basically putting it, he would…
- Not spend money in case losing it caused emotional pain.
- Would happily lose a lot of money to alleviate emotional pain.
It’s fair to say that this guy has a negative way of dealing with emotional pain and discomfort.
Instead of realising that it will pass and that he should focus his efforts on relieving that pain by finding a solution to the problem, he was prepared to pay a small fortune to simply run away.
Now don’t get me wrong, I don’t believe in flogging a dead horse or throwing money at a problem that cannot be resolved, but most problems can be resolved and problems will occur in business.
This guy simply hit a small hurdle, didn’t like it and wanted out ASAP.
It wouldn’t be a good decision to buy out of the contract in my humble and honest opinion.
I gave him a few pointers and I think he went on his merry way with a feeling that things weren’t as bad as he first thought. Only time will tell.
He was simply scared of emotional discomfort. He didn’t enjoy feeling rubbish.
Truth is no one enjoys feeling rubbish.
No one enjoys having a rough time in business, and rough times will happen, but they don’t have to go on for long, nor are they the death knell for the business.
This guy was about to quit just because he hadn’t enjoyed the last couple of days.
When you are scared of emotional discomfort, you will not try new things. You will choose to quit and run away when things get a little uncomfortable, which is not good if you want to change your life or financial circumstances.
Courage is the one thing which makes people money.
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It’s the courage to ‘start something new’ or ‘give something a go’ that takes a person from ‘zero to hero’, as some people like to call it.
Discomfort often comes after making a courageous decision and doing something which takes you out of your comfort zone.
Without courage and discomfort, people would not achieve anything.
If everyone played it safe, there would be no winners, no progress in society and no development of technology.
We as a species are where we are today thanks to courage and discomfort.
As an individual you are where you are today thanks to either being courageous and embracing discomfort… or from shying away from it and playing it safe.
Are you where you want to be?
The question is… if you are one to play it safe and avoid discomfort but you want to become financially better off, what are you going to do?
Playing it safe rarely delivers anything other than safe… which is great if you want a safe life… but for many people, the reality of living safe is actually living with a constant and ‘just bearable’ discomfort.
‘Just bearable’ discomfort is the kind of discomfort that most people will put up with and can live with… just, but it still makes them unhappy a lot of the time.
That long period of ‘just bearable’ discomfort is living years where you can barely scrape by, where you live from payday to payday. As soon as your wage or pension is in the bank, it is virtually gone within days.
The money you have is always allocated to something necessary and you rarely have any spare for anything fun and enjoyable.
It may not be as painful as the idea of losing £1,000 quickly (which you shouldn’t if you do things correctly), but constantly living with little money where you are unable to afford to do anything more than exist is a miserable discomfort.
It’s a miserable way to live.
But it doesn’t have to be the only way to live.
With a little bit of courage and discipline, you can turn a small sum of money into a larger sum of money.
In fact, it is possible to turn it into a rather large sum of money.
The guy who was willing to waste £10,000 to buy himself out of a little discomfort could potentially make £10,000 in less than half a year if he was willing to invest a small amount.
By the end of the year, he could potentially have £47,000! … TAX FREE!
That is if he follows Roy’s system to the letter.
By following the system he developed after watching the 1983 film Superman 3 – I kid you not – Roy was able to double his investment every three months.
By the end of the year, he had taken a £500 investment and turned it into £47,000.
Not bad considering all he used was a notepad a pen, and the Betfair website.
To discover exactly what Roy does to make £903 TAX FREE each week, click the link below:
System 903
Kind Regards
John Harrison
PS… Please be aware; there were only 250 copies of System 903 printed and numbers are dwindling. Once they’re gone, they’re gone. No more will be printed after the last one has been sold.
Here’s that link again: