Photo by Compare Fibre on Unsplash
I hope this message finds you in good spirits and enjoying a productive day. I’ve recently spent a lot of time thinking about mindset and came across a YouTube video with Preston Pysh. It was a great summary of the the various factors that contribute to individuals feeling ensnared in what can be aptly described as "The Matrix."
This phenomenon often leads people to conform, submit, and obey societal norms and expectations without fully realizing the implications of their actions.
A significant portion of the population does not genuinely own anything of substantial value. While many individuals may hold the belief that they possess various assets, the stark reality is that only a small fraction of people actually own cash-generating businesses. This situation reflects a broader dynamic that is becoming increasingly apparent as we approach the conclusion of the current fiat financial system (the Petro-dollar system that has dominated for decades). Hypothetically speaking, if we were to conduct a survey among a hundred individuals regarding their ownership of a business or a product that generates income, I would estimate that the vast majority of people do not own anything of real significance. As a result, many individuals adopt an employee mindset, choosing to work for others rather than pursuing entrepreneurial ventures for themselves.
Furthermore, a considerable number of people find themselves burdened by debt, which severely limits their ability to create any form of additional cash flow. This lack of financial freedom makes it exceedingly difficult for them to save or invest in assets of their own. Consequently, this leads to a compliance mentality, where individuals feel trapped within the confines of their financial situations.
When it comes to discussing potential investments, such as Bitcoin—which is often characterized by significant volatility - most individuals are entrenched in a fiat system that leaves them with little opportunity to generate excess value for society. Their immediate concerns tend to revolve around basic needs and short-term goals, such as planning a vacation, rather than contemplating the acquisition of what they may perceive as an abstract or speculative asset.
In the realm of personal development, I find Preston’s concept of being a "playable character" to be particularly significant.
This term refers to individuals who actively seek knowledge and learn from the experiences of others, rather than solely relying on their own trials and errors.
This proactive approach to learning can significantly accelerate their ability to contribute positively to society and navigate the complexities of life.
Individuals who possess a mindset that embraces learning from the mistakes and successes of others are often better equipped to face challenges and achieve their goals. On the other hand, those who view their backgrounds and circumstances as limitations may struggle to break free from the constraints that hold them back. It is crucial to foster a mindset that recognizes the absence of limitations, enabling individuals to adapt and thrive in their environments. Those who aspire to excel will undoubtedly benefit from learning from the experiences of others, rather than solely relying on their own insights and perspectives.
While some of these ideas may appear overly simplistic, I firmly believe that they encapsulate the essence of high achievers—those individuals who are capable of creating value and driving progress within society. Such individuals approach challenges with a sense of confidence and determination, believing that with time, effort, and the right mindset, they can accomplish their goals and make a meaningful impact.
They look at anything in the world and think, "Oh yeah, I can do that. Just give me a decade, and I can figure it out." - Preston Pysh
This mindset is incredibly powerful!
… dedicated to my dad (happy birthday old boy), who instilled this very same mindset in us
DISCLAIMER
This publication is general in nature and is not intended to constitute any professional advice or an offer or solicitation to buy or sell any financial or investment products. You should seek separate professional advice before taking any action in relation to the matters dealt with in this publication. Please also note our disclosure here
