Thursday, February 11, 2010

Fear of Big Numbers

What if you were given the opportunity to make $25K, but it would require an investment of $10K? And what if there were no promises that you would make $25K... but it seemed likely. What then?

Would you take action?

If $10K is not a problem for you, what if there were another zero on those numbers, a profit of $250K for $100K? Could you take the opportunity or would you pass?
"A ship in harbor is safe -- but that is not what ships are built for."
John A. Shedd, Salt from My Attic, 1928

If you are going to be a millionaire, you need to find a way to get comfortable with bigger numbers.
On the flip side, what would be considered the "smallest numbers"?

The answer: Hourly wages. It does not cost you any cash, you are nearly 100% sure you will get paid (at least in the near term) and you are given a small amount of cash. The only thing you lose is your time ... but time adds up and if you aren't careful, you will end up losing your whole life ... one hour at a time.

Your life is worth more.

Figure out how you are going to change the numbers in your life ... and create a life !

As Marshall Sylver says, "Money is Math."

Where is your comfort zone in terms of numbers?

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This blog article was written by d.Mark "Dave" Wheeler to help him get over his own fear of big numbers so any inspiring examples you have would be greatly appreciated. Leave your responses in the comments below.

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