**
Image source
I'm really thankful for my virtual mentor, Tai Lopez, who taught me this SIMPLE but very EFFECTIVE perspective of how should I look at business in general which I am about to share with you today.
This NEW mindset helps me anytime whenever I lose my focus on where I want to end up in my life. I believe it can help you too! Here it goes, the 3 Types Of Businesses You Can Pursue In Life:
#1: WIN/LOSE - known as Pareto inefficiency.
You force a selfish WIN over the other party's LOSS in anything they have or value. For example, loss of wealth, property, health, mental or physical condition or any other.
A criminal describes best this category who always seek for WIN/LOSE situations. But what can eventually happen? You might get caught one day or bump into a wrong person who might bring you more serious trouble in return.
Not to mention more, you might even get killed. Ouch. This type of business is EXTREMELY risky to pursue.
**
Image source
By the way, fast food and junk food industries like McDonald's, Burger King etc. are in this type of a business too. They take your money (WIN for them) at the cost of ruining your health (double LOSS for you) in the long term.
All you get is an emotional satisfaction which is caused by so-called chemical biases done by scientists to make you ADDICTED. Same with all kinds of chips, sweets etc. Worth taking a minute to think about.
Okay, let's move on to the second one. Ready?
2#: Nor WIN/LOSE or WIN/WIN
In other words, a balanced approach. Not really Pareto efficient or inefficient. An example would be hotel industries which are not causing any serious malice to society. So yeah.
**
Image source
And lastly, the one I personally pursue and would HIGHLY recommend you do that too. ALWAYS. You may ask "Why?" and that's absolutely fine. Let's find out.
#3: WIN/WIN - a Pareto efficiency.
In this type of a business people will give you money and will be overwhelmingly grateful for the VALUE they get from you in return.
Tai said that you will get TREMENDOUS motivation when you perceive yourself in this type of a business. Your income will grow AUTOMATICALLY over time and you will be able to live your dream life. Some of the WIN/WIN examples include; providing ecologically grown food, pursuing a music career, writing informative articles, books etc.
The idea behind it is to actually GIVE without expecting much in return. Being honest and excited about what you give. Having a pure mindset to truly HELP. Being a HERO.
**
Image source
WIN/WIN will build life-long-lasting strong relationships which will help you significantly when having "dark times", in other words, problems. People will come to help you because you helped them. John Salatan (one of Tai's mentors) said: βA good system has forgiveness built into it.β
Which type of a business do you pursue or planning on pursuing?
Let's connect?
I am standing for UFCG - Unity, Freedom, Cooperation & Growth. For a better world, a brighter future! Here is my Introduction Post.
Some of my blogs:
β The Power Of "Hi, How Are You?"
β π Quantum Field Brought Elephants
β Easy And Natural Way to Boost Your Dopamine - Learning, Movement, Attention
β π Experiment #1: Rice, Water & Thoughts
love this post so true!! i also find that if you're in the first category (pareto inefficiency) you're only motivated by money and will give up more easily if you aren't getting returns quickly. whereas with the last category (pareto efficiency) you get the reward of knowing you helped someone and are more likely to last longterm
Couldn't say it better, @freshee! Thanks for taking your time! Followed and upvoted
you have a great post and very informative to deal business etiquittes.
I like the part 3. Win win. ππ
Upvotes you 100% β€οΈ
Thank you, @elvielins for your support! π WIN/WIN all the way! Followed and upvoted
thanks your post
Thank you for visiting, @bijoy80812 ;)
You got a 10.30% upvote from @mitsuko courtesy of @wild-forest! .
Join our team and delegate your SP to earn passive income.
Get part of 90% @mitsuko profit based on your delegated SP
Delegate 10 SP
Delegate 100 SP
Delegate 200 SP
Delegate 300 SP
Delegate 500 SP
Delegate 1000 SP
or custom delegation SP
This post has received a $18.18 % upvote from @siditech thanks to: @wild-forest.
Here's a banana!
@youtake pulls you up ! This vote was sent to you by @wild-forest!
You received a 3.67% upvote from @dlivepromoter
Want to promote your posts? Send at least 0.010 STEEM or SBD to @dlivepromoter with the post link as the memo and receive an upvote on that post!
Delegate Steem Power to @dlivepromoter for a daily payout!
1 SP, 5 SP, 10 SP, 100 SP, 500 SP, custom amountWe pay 85% of bids back to the delegators each day. The remaining 15% is contributed back towards @dlivecommunity to help create a larger community.
Disclaimer:
@dlivepromoter is a part of the community project @dlivecommunity. We aim to help streamers navigate their way through @dlive and the overall Steem ecosystem. We are not affiliated with @dlive.You got a 7.58% upvote from @lrd courtesy of @wild-forest!
You got a 2.77% upvote from @dailyupvotes courtesy of @wild-forest!
Please upvote this comment to support the service.
You got a 2.68% upvote from @brandonfrye courtesy of @wild-forest!
Want to promote your posts too? Send a minimum of .10 SBD or Steem to @brandonfrye with link in the memo for an upvote on your post. You can also delegate to our service for daily passive earnings which helps to support the @minnowfund initiative. Learn more here
You just received a 3.92% upvote from @honestbot, courtesy of @wild-forest!
You got a 15.06% upvote from @ubot courtesy of @wild-forest! Send 0.05 Steem or SBD to @ubot for an upvote with link of post in memo.
Every post gets Resteemed (follow us to get your post more exposure)!
98% of earnings paid daily to delegators! Go to www.ubot.ws for details.
You got a 3.58% upvote from @postpromoter courtesy of @wild-forest!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
You got a 7.14% upvote from @proffit courtesy of @wild-forest!
Send at least 0.01 SBD/STEEM to get upvote , Send 1 SBD/STEEM to get upvote + resteem
@fishbaitbot is luring fishes with a 7.36% upvote thanks to @wild-forest!Send 0.05SBD/STEEM or more for a free resteem along with the upvote!
Delegate to the @fishbaitbot and get 100% of the profits which is better than all upvote bots! Click on one of the following links to delegate 50SP, 100SP, 250SP, 500SP, 1000SP or 5000SP.
This bot, the steembottracker and some other projects were made possible thanks to @yabapmatt. Make sure you vote for him as witness!
I saw your writing, I liked it very much
I want to see something better in the future.
Be good friends
Thank you for your support and feedback, @aman0198129! Will work on that :) Followed
This post has received a 9.43% UpGoat from @shares. Send at least 0.1 SBD to @shares with a post link in the memo field.
Interested to earn daily? Delegate Steem Power to receive 95% payout rewards. Use this link https://on.king.net/shares to delegate SP to @Shares. Join us at https://steemchat.com/ discord chat.
Support my owner. Please vote @Yehey as Witness - simply click and vote.
Nice, would u kindly please upvote my post thx
Volbac im pliss
I love the pictures in this post)) and win~win theory
Thank you, Annabellee! "I am Batman!" Lol
good post thank you
Thank you for your time to visit my blog, LJGLJR. More coming up!
nice post, we should not choose the pareto-inefficiency-type of business. We should choose what's best for all of us, the pareto-efficiency-type of business, just like your posts for example (I don't know if you consider it as a business).