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by kungtotte 2144 days ago
Some people aren't motivated by trying to eke out every last cent out of a business venture, they're happy making as much money as they are currently making.

So while income could be maximized by acting differently, Stavros chooses to optimize for his well being instead.

1 comments

Yes, this year I made about $100,000 (mostly I was lucky) but I had a conversation with a person who claimed to have made a million dollars in the last year and how poorly I did.

??????

It does not enter his mind that normally I make a third of that and so I am very happy with the windfall. Heck, with hindsight I could see how I could have also made a million, but only by worrying over every dollars I invested. There is more to life than spend all your time thinking about how to make more money. I have gone camping, hiking and living at a cabin by a river. He on the other hand sound like he spent the entire year glued to his computer monitor trying to make more.

Of course, you could be making the same mistake as your interlocutor here of failing to understand the other person's point of view - you assert that there is more to life than making money, but perhaps the other person has different goals to you - goals which can only be accomplished with large amounts of money.