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5 Ways To Make $1 Million As A Writer - Nicolas Cole

Deep Dive with Ali Abdaal

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Different Ways of Thinking About Money

The way individuals value money is very price sensitive and focuses on the return on investment, while businesses or those who already have money see it from a different perspective. Successful people think about money differently, considering factors like time saved. What may seem expensive to someone starting out is seen as a negligible expense for someone with a successful business. People tend to associate higher prices with better quality. When pitching services, it is important to understand the potential client's mindset and not offer discounts if they perceive value in higher-priced options. Understanding these various perspectives takes time and experience.

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