Friday, July 02, 2021

Managing Projections

Calm and clear decision-making starts with managing expectations. If your desire for returns is too high, you open yourself to a new world of dangerous projections. Visions of alternative lives, problems solved, and trouble-free existence. Dreams of replicating the lives of outliers who seem to orbit different realities. 

The numbers get ridiculous quickly. A good day, month, year, or even decade, is not put in context. It gets “extrapolated” with blind spots, a ruler, and a poke in our vulnerable desires. 

 That is why Ponzi Schemes attract victims. They are not sustainable. The numbers don’t add up. They convince new people to join, and the first exchange of money is from those joining the scheme. Joiners are promised a multiple of the money they give. 

The money does not work. Nothing is made. It sounds exciting. It can even be wrapped in other clothes that make it seem caring/ community-based/ not-about-the-money. No one asks “how does this end?” or “why does this make money?”. The new money comes from recruits, and recruits run out. 

Money is made by doing the work. Understand the work.

No comments: