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

[rat03gopoh]

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But op asked about mindset over business strategy.
Measuring contentment is relative depending on several factors such as environment lifestyle. There are some business people who survive for years with a flat income without updating their strategy because they think they are quite successful compared to the people around them, the income at that time is enough to guarantee that their standard of living will still be higher than average. Economic disparities are sometimes felt more in some places, so that the comparison will not be difficult to determine the level of contentment individually.

[lovesmayfamilis]

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?

To understand if you are wasting your time, you need to do something. Just by thinking about it, you will never feel all the joy or pain of the work you have begun. I'd say it's better to try and regret it than to do nothing. The one who once got rich took risks. He risked his money and his name, but he tried, maybe even more than once.

If we talk about satisfaction, then we can say that people are different, not everyone, and having a lot of money plays a big role in life. Look at the people in art. Artists, musicians, poets, and scientists are people of a different mindset. They rejoice in their hobbies, and not everyone immediately has a good financial situation. I would call such people lucky.

Therefore, among us, there will always be people who are content with little but feel happier than those who are constantly chasing profit. And if you look around, then there are a lot of such people on the forum today.

[Alpha Marine]

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.

"Fear of the Unknown"
It's a thing for real. Sometimes you feel like just sticking to what you know and what you are used to, after all, you've got a good thing going. It may help you avoid certain risks but at the same time, it may be limiting.
You can blame yourself for choosing the safest option. I do feel that way too sometimes, especially when I'm about to make a big decision.
We just have to keep learning how to take calculated risks because if we don't we can't go higher in life. Starting over is never easy. After staying at a particular job you're comfortable with for a long time, it won't be easy to just get up and accept another job, even if they present a better offer. But we must learn to asses the situation and make the best decision.

[hugeblack]

In any business activity or job, there is a time limit for judging the project to fail. For example, before you think of resigning from your job, you must have enough money to cover your expenses for the next two years, otherwise it is better to stick to your job and secure a second job.
The same applies to commercial activity. Depending on these activities, the period in which you can be patient varies. For example, the technological sectors are sensitive to changes, and therefore need a period of 6 to 9 months. It depends on the economic activities such as the trade of cloth and clothing, which takes from one year to a year and a half, including the traditional trade in grains and oils, which needs more than 3 to 5 years before you decide that the project is a failure.

[YinShuiSiYuan]

In any business activity or job, there is a time limit for judging the project to fail. For example, before you think of resigning from your job, you must have enough money to cover your expenses for the next two years, otherwise it is better to stick to your job and secure a second job.
The same applies to commercial activity. Depending on these activities, the period in which you can be patient varies. For example, the technological sectors are sensitive to changes, and therefore need a period of 6 to 9 months. It depends on the economic activities such as the trade of cloth and clothing, which takes from one year to a year and a half, including the traditional trade in grains and oils, which needs more than 3 to 5 years before you decide that the project is a failure.

Every business analysis obviously takes time when you have an idea thar either business is going in profit or loss  , either you are wasting time or its benefits your future.
Every business time margin is different some takes 1 year to tell you the status of your standings some takes 3 to 5 years to tell you where you are going.  So yes patience is required in this regard but don't take it long to be patient so that you have a loss.

[Yatsan]

In any business activity or job, there is a time limit for judging the project to fail. For example, before you think of resigning from your job, you must have enough money to cover your expenses for the next two years, otherwise it is better to stick to your job and secure a second job.
The same applies to commercial activity. Depending on these activities, the period in which you can be patient varies. For example, the technological sectors are sensitive to changes, and therefore need a period of 6 to 9 months. It depends on the economic activities such as the trade of cloth and clothing, which takes from one year to a year and a half, including the traditional trade in grains and oils, which needs more than 3 to 5 years before you decide that the project is a failure.

Every business analysis obviously takes time when you have an idea thar either business is going in profit or loss  , either you are wasting time or its benefits your future.
Every business time margin is different some takes 1 year to tell you the status of your standings some takes 3 to 5 years to tell you where you are going.  So yes patience is required in this regard but don't take it long to be patient so that you have a loss.

However we cannot discriminate the idea of having huge expectations when you start a business. It is simply the reason why you started something and it is somewhat a gamble; no one gambles without expecting to win. Patience and all but such thing would really have a place in every investor's life. Whether settling for the 'minimum' return, is different from being contented. Also, such thing would depend on the individual and take note for individual differences. But most of the time, those investors who are contented with what their business is generating, simply has another source of income. The idea is not to rely on a single source of profit in order to not be weighted by consequences of starting a business.

[Davidvictorson]

How can we know that we are not wasting our time doing a business?

Weigh the number of years you have been in been in business and the profit you have made so far. Are you making more profits or losses? Weigh the customer base you have when you started and what you have now is there an increase or a decrease? How about staff turnover? Have you added more equipment, office space, more services to the list of what you offer? If you answered this questions truthfully then you know whether you are wasting your time doing business or not?

[demonica]

Maybe others are contented with what they have cause they lack confidence or they doubt themselves that they can achieve better success in their business. Sometimes people also need to have lessons like attending seminars or workshops on how they can have a better mindset when doing a business or even in investment. There are potentials that are getting wasted because they don't trust themselves and are just contented with what they have since they believe that they can only achieve things up to a certain level.

But if a person is already satisfied with what he has. And he does not have to worry about his financial needs, then maybe it's fine if he just wants to stay like that and doesn't want to push on going higher. Having more money also means having more responsibility. Maybe they are financially stable, but that doesn't mean their mental health and the environment they have is also like that. It would still depend on the person, as long as he's happy and satisfied.

[Aikidoka]

Being contented is different from living below your potential. When a person feels contented, it's because their hard work and effort have paid off with good money, which allows them to live the life they want. However, if they have more goals in life they would strive to achieve them instead of stopping at that point. So, when you say:

who should be doing better financially than they are but because they claim to be contended they have refused to do more.

it doesn't make a lot of sense unless the person has already accomplished everything (which is impossible) or is maybe suffering from depression.

How can you explain financial contentment to someone successful and what do you think it is?

Financial contentment is when a person feels happy and financially stable, having met all their basic needs. This sense of stability can help them feel content with themselves and motivate them to set new goals for their future success. However, as humans we tend to have an insatiable desire for more money and success so it's important to strike a balance between contentment and ambition.

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?

This is a good question. Wasting time is when you're not putting in any effort and just waiting for success to come to you easily. On the other hand, patience is a virtue and a gift, since not everyone has it. Patience is when you're putting in your best effort and waiting for the result and not giving up in the process. Sooner or later your hard work will pay off and that's not a waste of time imo.

[Silberman]

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?

It is not up to us to decide how someone else can live their life, if someone is happy with what they have even if we think they can achieve more that is their decision, the same is true for anyone that is always pushing themselves and they never seem content with what they have achieved, just let them do whatever works for them and do not try to change their mind, and about your second question, there is no way to know if you are wasting your time, any business involves risk, and this means accepting the fact that you could invest years of income, time and effort to something and still come empty handed.

[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.

"Fear of the Unknown"
It's a thing for real. Sometimes you feel like just sticking to what you know and what you are used to, after all, you've got a good thing going. It may help you avoid certain risks but at the same time, it may be limiting.
You can blame yourself for choosing the safest option. I do feel that way too sometimes, especially when I'm about to make a big decision.
We just have to keep learning how to take calculated risks because if we don't we can't go higher in life. Starting over is never easy. After staying at a particular job you're comfortable with for a long time, it won't be easy to just get up and accept another job, even if they present a better offer. But we must learn to asses the situation and make the best decision.

Correct, I was afraid of something completely unknown to me and preferred to stay in my current job, which I was adept at. I didn't want to go through the stage of being a complete newbie in the workplace. It was way easier for me to stay where I am, even though that job opportunity could potentially lead to the start of a new career based on my field. Unfortunately, I knew that I had the potential for something better and, most importantly, for what I spent 5 years studying, but I couldn't take the risk, something I regretted, and I'm hoping to at least avoid it in the future.

[Die_empty]

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?

Being content is appreciating what you have and aspiring to get more legitimately. Contentment doesn't mean that you shouldn't take risks and pursue other goals or ambitions. But when you tend to chase after a business or activity to achieve it through hook or crook, that's greed. I believe everyone should aspire to go high especially when there are opportunities to achieve more but it shouldn't be by all means. For you to be content you need patience because sometimes you might not have any opportunity to achieve more. We also need to know that patience is not a waste of time, it is the ability to wait for the right time. We shouldn't misuse opportunities but we also shouldn't perceive patient people as time wasters.

[uchegod-21]

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. .

This is not contentment. Contentment doesn't really mean that you have attained to a certain level of wealth. Contentment is not a worth reserved for the wealthy. Even someone that isn't rich can still be content with what he has while aiming for more.
Contentment is peace of mind;
Contentment is something that do not set you up for distress and disappointment.
When you practice the act of contentment you will understand how rich you are and how you can produce better plans to advance in life.

[palle11]

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.

Some people are different from others. Not everyone will be insatiable in life so they may stop at the level that they feel contented not to keep aiming for huge finance. Some people may see wealth and riches as vanity and not bother anymore for greater financial height to the surprise of others.

How can we know that we are not wasting our time doing a business?

When you are making profit and satisfied with it, this is a good indication that you are not wasting your time in the business. Business is about profit and you have to be able to take care of yourself family with it before proclaiming the business as not a waste of time.

[Accardo]

Contentment is minding your business, yet that doesn't stop a person from having a keen eye on other successful businesses. I think being versatile is the thin line between contentment and living below potential. We all have big potentials and goals to achieve, but things change quickly. One shouldn't, in the name of contentment, focus on fusty or outdated goals, that's why some who claim to be contented don't earn as much as they aimed to achieve in the start of their journey, thereby living below their potential. On the other hand, when a person doesn't know when to stop waiting that's a waste of time not patience. We can't wait forever in the name of being patience, trying different methods is what opens way for opportunities in the life of a business man.

[smile1218]

Well financial contentment is the state of being satisfied with one's current financial situation, without having the desire to improve it further. It is important to know that financial contentment is subjective and differentiate from different persons. For us to know if we are wasting our time in doing a business we need to evaluate our progress towards our goals and objectives. To have a clear plan we need to track our progress regularly. Seeking feedback from customers and peers can also help us  gauge the effectiveness of the business.

[Nwada001]

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 are certain things with which one can be content. When you talk about material things, one actually needs to be content with what he or she has acquired in life, especially when what the person has acquired is equal to his or her financial status.

But in cases of being content with finance and wealth, there is also a level to which one should acquire his desired wealth and can boldly say that they are content with what they have actually acquired. For people like that, all they desire in life is to live a comfortable life, be able to take care of all the family's needs, have a home of their own, have private cars, and have other essential things that a family will need for them to be happy. All they need is to keep their business going and make sure that there is a steady flow of income, which will make sure that there is a steady flow of income, which will make the family not to lack in their life again. People like that are okay, and I don't think there is any point in advising them to go further than that when that's all they ever want for themselves. I also don't consider that being lazy; it's a way of telling nature that you are okay with what you have.

On the other hand, we humans always have that desire to have more; when we acquire a new position in life today, we will want a higher one tomorrow. Our fashion house of 10 years ago is now outdated and, as such, will need renovation, cars, etc. These are things that motivate people to not just be stable at a particular financial income but to keep on hustling to climb higher and achieve more things in life. Some people call it greed, but it's not greed; it's just the world we find ourselves in. A world where even the richest person is not satisfied by the level of wealth that he or she has acquired. So long as we keep on living, we should also keep on making money..

[hannahB4]

Though depending on the context that I will be looking at it contentment is quite different from living below potential. For instance, I am a banker, got my house and my car, contentment will make me do what my finances are capable of, if my salary is worth buying a bungalow and a Toyota Camry I get and I stayed with that until I'm buoyant enough to get better option and living below potential is me living below my Salary I know I can afford it but I won't because I want to be frugal with spending. Secondly. for you to know that you are not wasting your time in business if, after a year in that business, you can boldly account for profit otherwise, you are wasting your time.

[safar1980]

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 think that if everything is in order with your business and finances, then you do not have to prove anything to anyone. It is very difficult to find a certain balance, because it is constantly changing. There will be successful people around you who are richer, but this does not mean that they are happier than you. When I was young, I did not think about such things, and tried to earn money in different ways to look successful. Right now I don't care about other people's opinions.

[Cling18]

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 think that if everything is in order with your business and finances, then you do not have to prove anything to anyone. It is very difficult to find a certain balance, because it is constantly changing. There will be successful people around you who are richer, but this does not mean that they are happier than you. When I was young, I did not think about such things, and tried to earn money in different ways to look successful. Right now I don't care about other people's opinions.

Living a life of fear of what others may think can only rob you of happiness and contentment. In fact, we could be happy and yet put in a lot of effort. For me, it is okay to feel content as long as we are living well and can provide for our family's needs, but there is no issue with working harder to accomplish more.
Considering what others may think will only have a negative impact on our life and may even distract us from concentrating on our objectives. If others are successful, it doesn't always follow that we aren't in our own right. We may take different paths in life, but we may also find different forms of contentment.