Exploring the process, greed, and days vs decades

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Exploring the process, greed, and days vs decades

Happy Thursday! Thanks for reading Intentional Dollar — where we look at old money ideas through a new perspective.

What’s inside?

  • One tool to experiment with

  • Two quotes from others

  • Three questions to dig deeper

  • Four lines of poetry for the point

Disclaimer: This is not investment advice. These weekly posts represent my simple thoughts, a few quotes, and some questions — for educational purposes only.

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One tool to experiment with:

The Process

Trust the process and don’t be worried about the outcome. When your strategy is secure and you are following your compass, you’re in the process. 

The process is the road that takes you from node to node, goal to goal. Yes, it’s imperative you have a compass guiding you, but the process is the path you walk, the path that takes you to the goal. 

A problem arises when focus tilts from process to outcome. 

Small details get neglected, execution becomes sloppy, and in the end, you miss your mark. 

The process is a system comprised of micro habits. In football, no one really thinks of practicing the snap and perfecting the transition from center to quarterback. It’s boring. So they think about the exciting components — scoring points and winning games. But to score a point, a seamless snap is a critical function for running the play. 

World-class coaches know this and drill the finer details. They know that the score takes care of itself. They know that the team to execute with fewer errors and with more proficiency will win. 

Why not apply this philosophy to money? 

What are the critical components of a core money process that get overlooked? It’s not the technical strategies that will win. But saving more than you spend, growing your lifestyle slower than your income growth, avoiding excessive leverage, dodging trading losses, and abandoning the search for the next NVDA. 

If you take care of the core tenets of your process, your money strategy, the financial score will take care of itself. 

good process, good outcome

Two quotes on greed:

Be wary of the greed creep. The slow transition from viewing money as a means to an end, to money being the end itself.

“Greed is a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction.”

Erich Fromm

“Fear and greed are potent motivators. When both of these forces push in the same direction, virtually no human being can resist.”

Andrew Weil

Three questions on days vs decades:

Alex Hormozi has a powerful framework for measuring time: days vs decades. We expect results and put effort in for a few short days. But the proper way to measure time and outcomes is not over days, but rather decades. Most worthwhile achievements take years to develop.

  1. Where am I looking for instant, short-term success with my money?

  2. Would I make a different investment, or a different decision if I could only measure success two decades from now?

  3. How would I alter my effort to endure over decades, rather than days? Am I on the burnout path or the sustainable path?

Which question stuck with you? Questions like these are spotlights for the mind. Reply to this email and let me know which one shined light on a previously dark cave.

Four lines of poetry for the point:

Behind each unique outcome,

Hides the raw process.

Mastery of this system,

Lends way to eventual success.

Contact Me:

Content ideas, questions? Reply to this email or reach out to me at [email protected]

Disclaimer: This is not investment advice. These weekly posts represent my simple thoughts, a few quotes, and some questions — for educational purposes only.

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