"Money is an idea"....

Hi Ricky,

This was an interesting post.... It made me think. :)

> A "Lot" is an amount of money we "think in".

> For example... I think in terms of
> "$100 lots", others may think in "units" of "$10" ,
> "$1000 lots" or if you are Bill Gates "$10,000,000 lots".

I've been thinking about this, and I think you're right here.... I think we do tend to think in "lots" to a large degree.

I've been observing my own thinking. I tend to think in $100 "lots" too.... But the way I think it manifests itself is that amounts below that "lot" I don't think very much about. It's below the "threshold" where I worry about spending it....

It also seems to affect whether I think I have a lot or not. If I think in $100 lots, if I have a few hundred bucks in my wallet, I feel I have a lot of money. But if I thought in terms of $1000 lots, I'd probably think it wasn't very much....

I know when I was a kid, I thought in terms of 10-cent lots, then in terms of $1 lots. As I got older, and was an undergraduate university student, I thought more in terms of $10 lots. And now, it's more like $100 lots. Hopefully, in the future it will be more like $1000 or $10,000 lots. :)

I wonder if what kind of "lots" you think in could affect how you approach business? For example, if you think in $10 lots, you might be satisfied making a $10 profit per product sold. But if you thought in terms of $100 or $1000 lots, you might be more likely to look for products where you make a $100 or $1000 profit instead.... There could be some interesting and useful psychology happening here. If you could change your thinking in terms of what kind of "lots" you think in, would it affect your profits?

It's interesting food for thought!

- Dien Rice

Ricky -

> Rick, since you have entered this thread in
> a more mature way than someone else who
> resorts to sarcasm bordering on personal
> attacks when opposing arguments are
> presented, I’ll re-enter this discussion.

If you want to call me immature and accuse me of resorting to personal attacks when rebutting arguments, then come right out and say it. Don't do it in this sneeky way.

And for the record.... as far as I am concerned, the moment you were a smartass first all gloves were off. Okay?

> BTW, I’m used to it by now, it used to be
> quite common when I posted on another
> “famous” board, however instead of “biting
> back”, I gave that person full credit in my
> much trafficked “Who’s who” list, and still
> do, even though he has technically retired
> from the net. I’m also used to sarcasm….
> “R.C. Collins” did a fine job of that on a
> number of discussion boards recently ;-)

You've become used to sarcasm? Why should you have to become used to it? If it's happening that much to you that you have to become used to it, have you ever thought WHY?

Like maybe, whether you know it or not, you are in some way eliciting this.

And you cry afoul and "hard done by" then show us all how nice you are. There's a term for people who do that. It's called Psychic Vampire...

Psychic Vampire (brief version): A person who practices the fine art of making others feel indebted to them. Many psychic vampires will give you things for the express purpose of making you feel you owe them something in return, thereby binding you to them. And then use this as a "tool" to extract sympathy and obligation. Many acting "crushed" and dropping hints of all they have done, as their prefered weapon.

Michael Ross

the sarcasm, name calling, etc. here....

I think it's okay to disagree, but let's disagree in a respectful way....

(This is directed to everyone in general.)

Thanks

- Dien

Hi Dien!

Thanks for the reminder. Me thinks I should "count to ten" sometimes.

Michael Ross.