Should I take the money?
Money or ideas, which one do we need first to succeed with affiliate marketing? If you were broke and had no money to even pay for your next meal, which of rhe below offers will you take?
1) Tomorrow you will receive 1,000,000 USD cash that you can spend or invest on whatever you wish.
2) Tomorrow you will receive an idea worth 1,000,000 USD that you can use to generate 100,000 USD multi times for the rest of your life.
Remember, both the offers are guaranteed.
Is it about Instant vs delayed gratification? Will your current condition decide which way you should go?
Can someone kindly advice me to make this decision?
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Long term definitely. A few days without food won't kill you. However, $1m is enough for anyone to live in if you're that hungry. No need to be greedy.
Look at always on the long term. When you believe in an idea, and it is supported by passion, consistency, determination, it will always lead you to the result you want when you are ready and at the right time.
On the other hand, you would always be at the mercy of circumstances and have no certainty with the risk of losing everything.
I choose the idea 100%.
I would take tomorrow you will receive an idea of $1,000,000 USD, it is about instant vs delayed gratification?
Yes, I can wait until tomorrow 100, 000 and use the money to generate multiple times for the rest of your life.
Yes, sometimes our current state of being, makes a decision for now, that we will regret later.
If you want instant cash a JOB is better than being rich because at least it will be there longer than a finite sum. We are in business for passive income wealth. If you would sell a blog making $25,000 a month for a million dollars you probably fall into the former, but if you stick with your blog and prefer wealth to millionaire status you're an Entrepreneur.
There is a serious point in your comments to consider. I am just thinking. Why if one of my goals is to make 1 million in 2 years and these offers came along the way? Should our goals decide the actions we take or choices we make in life?
Is your goal to be rich or wealthy is the question you need to ask. Nicholas Cage has made millions and yet spends most of his time broke and in bankruptcy because his investments always go south. How many athletes have you seen make over 100 million in a career and yet 10 years after retiring are broke? These people get rich, they never build wealth like guys like Peyton Manning and Michael Jordan who took their income and turned it successfully into passive income so they will not run out of money in their lifetimes.
I love being an entrepreneur. And I got one question that folks always ask me. Is entrepreneurship for everyone? Is it guarantee that everyone will succeed at it?
Everyone who doesn't give up has a shot. Not everyone will not succeed but everyone can succeed. I have owned over a dozen businesses since age 14 when I started detailing over the road trucks. I have sold some businesses, had seasonal locations, and didn't renew, and I have had failures. But I have seen a great deal more success by never giving up and making small changes in the how but being unwavering from the dream.
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The cash really is tempting but I will close my eyes and choose the idea because 100,000 for the rest of my life is better than the investment I will make with 1,000,000. Because I can invest in the wrong business which will reduce the 1,000,000 already and I can't tell how many times I will make mistakes. But my 100,000 will keep coming, no mistake with that!
Thanks for the post!
You're are welcome Martins, and thanks for the awesome comment also.