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Win More By Leaving Some Money On The Table
- 2024/12/26
- 再生時間： 14 分
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あらすじ・解説
https://www.alainguillot.com/leaving-some-money-on-the-table/ In today’s fast-paced world, the drive to achieve more can often lead to burnout, lost opportunities, and unintended consequences. The principle of “leaving some money on the table” offers a counterintuitive yet effective approach to building sustainable success, whether in personal finance, business, or everyday life. At one point in my life, I was juggling multiple roles: dance teacher, Airbnb host, Uber driver, and stock market day trader, all at the same time. After a few years, this relentless hustle led to total burnout. I took a year-long sabbatical to reevaluate my approach to wealth-building. I decided to scale back and work at 60% to 70% of my capacity, intentionally leaving some money on the table. Ironically, a decade later, I earn more than twice as much, work significantly less, and enjoy a far more fulfilling life. This experience taught me the importance of pacing myself—not just in work but in all areas of life. John D. Rockefeller, the founder of Standard Oil, lived to the impressive age of 97. He credited his longevity to a simple philosophy: “Get up from the table while still a little hungry.” However, Rockefeller didn’t apply this principle to his business practices. He monopolized the U.S. oil industry, prompting the government to break up Standard Oil. Had Rockefeller left some opportunities for competitors, he could have maintained his status as the richest man in the world while earning a kinder legacy. In my fitness journey, I once pushed my body to its limits by lifting heavy weights without moderation. As a result, I suffered injuries that never fully healed. If I had worked out at 60% to 70% of my capacity, I would likely be in much better health today. This principle applies across multiple domains, including politics, business, and finance. During a recent U.S. election, the Democratic Party pursued an ambitious progressive agenda, advocating for: DEI (Diversity, Equity, and Inclusion) ideology in schools and workplaces over merit-based systems. Most people disagree with this preferential treatment.Open borders that allowed illegal immigrants, including criminals, to enter. The U.S. is NOT anti immigration, but they are against unfettered illegal immigration.Allowing biological men to compete in women’s sports. Of course this goes against any notion of fairness in women’s sports.Penalizing billionaires for their success.Granting voting rights to non U.S. citizens.Supporting transgender children transitioning without parental consent.Being against Christmas.Promoting pornographic books in children’s library This overreach alienated many voters, contributing to Donald Trump’s resurgence. Had the Democrats focused on a narrower set of priorities, such as reproductive rights, they might have secured broader support. Some businesses, like Apple, Live Nation, and Ticketmaster, push relentlessly to extract maximum profits from consumers. This has sparked consumer backlash, driving people to seek alternative options. In personal finance, many investors obsess over maximizing returns, conducting exhaustive research, and overleveraging themselves. Ironically, those who simply invest in broad, low-cost index funds like the S&P 500 often achieve better long-term results. The temptation to exploit every opportunity can lead to diminishing returns. In many cases, pursuing a “good enough” approach yields better outcomes than relentless optimization. By leaving some money on the table, you can: Avoid burnout.Build stronger relationships.Maintain a more sustainable lifestyle. It’s a rare skill to know when to stop, but mastering it can lead to greater success, stability, and satisfaction in the long run. Leaving some money on the table may seem counterproductive at first. However, in business, finance, and life, moderation often leads to better outcomes. By resisting the temptation to exploit every last opportunity, you can create a li