The thin line between contentment & living below potential, Patience & wasting t

[Stepstowealth]

There is a thin line between being contented and living below your potential, this is what I have come to notice with some people around me who should be doing better financially than they are but because they claim to be contended they have refused to do more. How can you explain financial contentment to someone successful and what do you think it is?

There is a lot a thin line between wasting time and patience. How can we know that we are not wasting our time doing a business?

[woez]

I think financial satisfaction is not about being content with less or being complacent, it's about acknowledging and celebrating our successes while continuing to strive for excellence. This requires a deep understanding of our own values, priorities and goals, as well as a willingness to take calculated risks and pursue new opportunities.

In terms of and potential, some may argue satisfaction that investing in cryptocurrency provides an opportunity for financial growth and reaching one's potential. For example, if investing in cryptocurrency it is important to approach it with a balanced perspective, avoiding greed and management while still focusing on long-term goals and risk management strategies because we all have a "fine line between being satisfied and living below our potential."

Another key factor I think to avoid wasting time in business is adaptability and being willing to pivot when necessary. This means being open to feedback and being willing to make changes to strategy or approach if you are not seeing the desired results making adjustments as necessary to avoid getting stuck in a business that isn't working and moving toward success more quickly.

[Ultegra134]

I can relate to what you're mentioning because I've done it myself in the past and possibly still do. Unfortunately, it's a combination of comfort and routine after working at one place for a long time. Routine is usually to blame, and getting out of your comfort zone seems almost impossible. It's a vicious cycle that consumes you. I also turned down decent job opportunities that were relevant to my field of study because I couldn't break the cycle. I can't explain exactly why; I just kept finding excuses. I suspect that it's a combination of being afraid to go after a new career and being used to the comfort of the job you're familiar with.

[disconnectme]

There is also a thin line between not settling for less and being greedy, the issue here is that you know when you are not getting the best out of your potential and feel you can do more, and when you have this feeling you go for more and also we should not use our own assessment of people to judge others, there are a lot of factors to consider like the Physical, mental, psychological even health factors to consider, just like a good player with a lot of potentials but he is always injured, these injuries will not allow him to fulfill all his potentials or they  reach the height he is supposed to reach and we should not put unnecessary pressure on others because we feel they should be doing more but to encourage  and support them to do better in any area

[boyptc]

They're just frugally living and they understand that it's not really a matter of what people think of them but what they think of their way of living.

It's also possible that they've been through a lot in their lives and that's why they're trying to be wise with what they've got. That's totally fine and we have the power and control over our finances and that's a good way to preserve wealth and that's through not spending a lot but, only with what's necessary.

[panganib999]

There is a thin line between being contented and living below your potential, this is what I have come to notice with some people around me who should be doing better financially than they are but because they claim to be contended they have refused to do more. How can you explain financial contentment to someone successful and what do you think it is?

There is a lot a thin line between wasting time and patience. How can we know that we are not wasting our time doing a business?

There’s this thing called Sunk-cost fallacy, which basically describes the act of keeping on working for a project that has long been dead, or working on something that has no hope of ever recovering, because “you’ve already put so much effort into making it work you might as well push it through in hopes that one day it will”. If one day. You find yourself doubting if what you’re doing, especially if you’ve been doing  it for quite some time with no progress or result is even worth it in the first place, then you’re probably wasting your time and it would be more productive and beneficial to quit at it than to keep up with this stupid needless work.

As for being contented, you’ll feel it. Sure there’s a fine line but you know what you’re capable of, contentment isn’t necessarily sticking with what you got, but being happy with it. If you’re happy with what you have, then you’re content. If you however aren’t happy and is just putting up a façade to fool yourself that you’re contented, then you’re not!


These two ideas apply to everything, most especially with business. If you’re working on something that’s not showing any form of progress or advancement even after you’ve put so much effort into doing it, then it’s sunk-cost, and if you feel like you could still do more, then you’re not content, but you’re ambitious and as long as your ideas and dreams are within the bounds of reality, you’re good in everyone’s book.

[Dr.Bitcoin_Strange]

There is a thin line between being contented and living below your potential, this is what I have come to notice with some people around me who should be doing better financially than they are but because they claim to be contended they have refused to do more. How can you explain financial contentment to someone successful and what do you think it is?

There is a lot a thin line between wasting time and patience. How can we know that we are not wasting our time doing a business?

Contentment is when someone has attained a certain level of wealth without being envious of other people's wealth that surpasses theirs, yet they don't give up on still chasing possible means of expanding their wealth. Being content is not what should make someone not to do better than they are supposed to. Some people just usually give up on trying and settle for what they have so far, because it seems the higher they go, the harder it becomes for them, so they just feel reluctant, and sometimes it's also a decision they have taken not to be too wealthy but just to live a comfortable lifestyle where they can be able to meet any of their needs.

I told my friend that I want to be one day announced as part of the richest men in my country, but he told me that there is no need for such wealth; he said he doesn't want much but just a comfortable life with his family. So, I think people have different desires and decisions about what they actually want in life. Apart from that, some people easily give up after they have reached a certain level. I have big dreams, even if I cannot archive all my dreams, but the worst thing is not having any dreams of what you want to archive in life. As I have said before, people really have different dreams and desires that drive them.

Talking about wasting time and being patient, yes, they are two different things, of which patience is what needs to be exercised when you have already done something and are expecting it to one day pay you off so well in the end, but it has to do with something that you are so confident about that truly it will pay off, otherwise it will really be a wast of time. For example, a user asked in this forum how he could make $50 every week, and one of the reputable legendary members asked him to do good posts so he could rank up so fast and begin to do a signature campaign. That was good advice, but if the guy had an idea about the advice he received, that would have been counted as hope for him if he truly believed he could work hard to do quality posts and rank up, but if he was not confident enough that he would be able to do such and decided to reluctantly try his luck, it could be seen as a waste of time.

Wasting time may also be accounted for by someone who is not even doing anything at all but rather just depending on someone who has promised to help them. Just my opinion.

[Wiwo]

I can relate to what you're mentioning because I've done it myself in the past and possibly still do. Unfortunately, it's a combination of comfort and routine after working in one place for a long time. Routine is usually to blame, and getting out of your comfort zone seems almost impossible. It's a vicious cycle that consumes you. I also turned down decent job opportunities that were relevant to my field of study because I couldn't break the cycle. I can't explain exactly why; I just kept finding excuses. I suspect that it's a combination of being afraid to go after a new career and being used to the comfort of the job you're familiar with.

This is the adverse negative aspect of remote work vs its many advantages, what breed conformity between us and our comfort zone os the level of financial flows and the ease of adopting to the raising climate and economic changes, because take article writing for example of you are a writer I  Amazon and work from home earning a decent monthly income and haven't no need for transportation and other communal expenses that comes from regular 9-5 jobs in whatever field.

But then we must have the ability to stay flexible with whatever working conditions and make constant attempt to engage and exploit other new opportunities and field, diversification can increase your cash flow.

[ichsan ardi]

There is a thin line between being contented and living below your potential, this is what I have come to notice with some people around me who should be doing better financially than they are but because they claim to be contended they have refused to do more. How can you explain financial contentment to someone successful and what do you think it is?

There is a lot a thin line between wasting time and patience. How can we know that we are not wasting our time doing a business?

Personally, financial satisfaction is financial freedom. We don't think about the price of the goods or food we buy, but to achieve that, we must be successful first.
the way we know we are not wasting time, in my opinion, is to do something useful for ourselves, like hanging out with our business friends, at least we have new knowledge and relationships every day, not just bullshit

[alastantiger]

You make a terrible mistake by judging others based on your standards. Never do that. For some people the accumulation of material wealth is not contentment. They are not moved by all the millions in the world

[Obari]

There is a thin line between being contented and living below your potential, this is what I have come to notice with some people around me who should be doing better financially than they are but because they claim to be contended they have refused to do more. How can you explain financial contentment to someone successful and what do you think it is?

There is a lot a thin line between wasting time and patience. How can we know that we are not wasting our time doing a business?

I don't think there is a contentment with finance as there is still urge to want to have more because there is practically  no limit to human desires.
People who claim  to be contented financially as te either mentally  or physically  lazy and don't want to be stressed with innovations and creativity  and simply just seek for a comfort zone to hide.

There is a bold line between patience and time wastage especially  by the person directly involved.
One can be said to be patient  if they are waiting for the result of a realistic project and why time wastage is a situation  where one does  same thing repeatedly and expecting  different  result.

[southerngentuk]

It can be challenging to get out of your comfort zone and embrace change. Many people experience similar difficulties when faced with the prospect of stepping into foreign territory, even if it has the potential for growth and advancement. The fear of the unknown, the comfort of the familiar, and the inertia that comes with routine can all contribute to the difficulty of change. People tend to gravitate towards what feels safe and predictable, even if that means missing out on new opportunities. So consciously challenge yourself to step out of your comfort zone, and you will open the door to new possibilities and experiences that can enrich your life and career.

[dothebeats]

At the end of the day, it's just their preferences that are pushing them to live below their means or their potential as you say it. If you've been used to a way of life long enough, you'll find it difficult to adjust to a new one or upgrade some aspects of your life, especially financially. I am, by no means, a rich guy. I have money, I can quit my job and live comfortably for the next decade or so, but I still refuse to buy myself high-quality clothes or even eat in fancy restaurants that I see other people do. I can say that somewhat, I already achieved financial freedom as I no longer wait from paycheck-to-paycheck and can even get my salaries delayed (lol I hope not).

It's just your mindset taking over you, and it's a very powerful one - to be thrifty and not spend a lot when you don't really need it.

[yhiaali3]

I think it is primarily a psychological factor. The degree of contentment differs from one person to another, and the amount of contentment cannot be determined uniformly for all people.

Some people are satisfied if they get 1,000$ a month, for example, but others may not feel content even if they get a million dollars, so there cannot be equal conviction among all people.

Some people have the ability to earn more and more, but they are satisfied and convinced of the success they have obtained and do not want to waste any more time.

[Darker45]

I think it's a matter of perspective. A previous workmate has a mom who is a physician by profession. She's not practicing. She's a housewife, if I'm not mistaken. I'm not sure if the family has a business she's managing. But we were all surprised when he shared that. We felt it was such a great waste of opportunity and potential. It isn't easy to become a physician and there's also money practicing it, and she just set it aside. But she's said to be happy and contented. Who are we to say she's wrong?

I guess we simply can't assign monetary value to everything. I, too, am a university graduate. I almost finished all my academic units in my masters. I topped the civil service exam in the region. I chose to side hustle. Many relatives and friends think I wasted my career potential. Well, I guess I have to choose the fun side of life.

[Poker Player]

... this is what I have come to notice with some people around me who should be doing better financially than they are but because they claim to be contended they have refused to do more.

My experience is the opposite. People who are content with what they have do better financially, because they don't try to get into risky investments, they don't buy stupid stuff to impress the neighbor and things like that.

Not everyone would like to become a billionaire and buy an island, especially when it requires effort. Normally if you are doing well financially, you will do even better if you are satisfied with your life and your wealth is a complement than if you take wealth as an end in itself, always aspiring to be richer and richer no matter what you have to give up to get there.

[noorman0]

-snip-
There is a lot a thin line between wasting time and patience. How can we know that we are not wasting our time doing a business?

There is also a subtle difference between expecting a lot and being greedy. I think, people who start a business must believe that "effort will never betray you" so that their patience waiting for a worthy and reasonable result will not break. Conversely, greed can make you give up in the middle of the journey and too quickly conclude that "life isn't fair" because you compare it to the success of other people who are better with the same effort.
In my belief there is a wise saying, "you can imitate the efforts of others, but maybe not with the results either".

[irhact]

There is a lot a thin line between wasting time and patience. How can we know that we are not wasting our time doing a business?

What I use to know the difference between time wasting and patience is the small results that has to be achieved before the final results. For example, when you take calculated risk, you're been patience because you have already calculated the possibilities of your investment and 90% sure of it been successful but when you just take risk without it been calculated then you're just wasting your time.

When doing a business, you should be able to know the difference  between things that are just wasting your time and things that need you to be patient to get results. If you invested in Bitcoin, you need patience to get good profits but investing in memecoins are waste of time.

[smile1218]

To know if the business is worth pursuing we need to know the factors affecting it. Market demand we need to know if there is a need for the product or the services we are offering. Conducting market research and analyzing the industry trends can help us determine whether there is a viable market for our business. We should know also our competitors whom we are competing with that we can determine how we could stand among our competitors. How profitable is the chosen business product or services, we can do it by tracking the daily expenses to see if the business is sustainable. Regular evaluate the progress the business to see if it is worth to continue it or not.

[Oasisman]

There is a thin line between being contented and living below your potential, this is what I have come to notice with some people around me who should be doing better financially than they are but because they claim to be contended they have refused to do more. How can you explain financial contentment to someone successful and what do you think it is?

IMO, being contented and living below your potential goes along with each other. Because when you're contented, that simply means you don't want to step up your game a few more steps from where you're at currently. There's always a room for improvement because life is a continuous learning. Therefore, I can say these 2 comes along together and the reason why some people are like this, is because they are afraid to take the risk, afraid of failure, and afraid of responsibilities. So, they're trying to keep up the pace where they're comfortable at.

There is a lot a thin line between wasting time and patience. How can we know that we are not wasting our time doing a business?

Well, patience could turn out to be a waste of time and vice versa depends on the outcome. Taking every opportunity that comes along your way that also makes you think you're ready and will lift you up when everything goes well, is a definition of not wasting time.