The Obvious Won't Make You Rich
By Lode Blomme
- 3 minutes read - 543 wordsIf you’re looking to make a quick buck, the last thing you want to do is state the obvious. Why? Because everyone else has already beaten you to it. When it comes to making money, the obvious is often over-saturated, overpriced, and underwhelming. If you want to make real money, you need to think outside the box.
Let’s take the example of selling bottled water. It may seem like a no-brainer; people need water to survive, and bottled water is convenient. But guess what? Everyone else has had the same idea, and the market is flooded with options. Plus, consumers are becoming increasingly aware of the environmental impact of plastic bottles, leading many to switch to reusable options or even tap water.
So, what can you do instead? How about creating a line of eco-friendly water filtration systems for homes and businesses? Or maybe a subscription service that delivers fresh, local spring water straight to people’s doors? These are just a couple of examples of how thinking outside the box can lead to real profit.
The same principle applies to investing. If a stock seems too good to be true, it probably is. The market is a game of supply and demand, and if everyone else has already jumped on board, the price has likely been inflated beyond its true value. Instead, look for undervalued stocks with potential for growth that others may be overlooking.
Of course, this doesn’t mean you should never pursue the obvious. Sometimes, the obvious is still the best choice. But if you’re looking for big returns, you need to be willing to take risks and explore new ideas.
So, how can you start thinking outside the box?
- Don’t be afraid to challenge assumptions and think creatively: Many people limit themselves by assuming that things must be done a certain way or that certain ideas are impossible. To start thinking outside the box, you need to challenge these assumptions and be willing to explore new possibilities. Instead of accepting the status quo, ask yourself, “What if we did things differently?” and “How could we approach this problem in a unique way?”
- Surround yourself with diverse perspectives and seek out new experiences: One of the best ways to broaden your horizons and spark creativity is to surround yourself with people who have different perspectives and experiences than you. This can help you see things from new angles and think about problems in new ways. Seek out opportunities to meet new people, explore new places, and try new things.
- Be willing to fail: Failure is often seen as a negative thing, but it can actually be a valuable learning experience. When you’re trying to think outside the box, you need to be willing to take risks and try new things, even if they don’t always work out. By embracing failure as a natural part of the process, you can learn from your mistakes and use that knowledge to make better decisions in the future.
By following these steps, you can start to break free from conventional thinking and explore new ideas that have the potential to lead to real success. Remember, thinking outside the box isn’t always easy, but it’s often the key to finding innovative solutions and unlocking new opportunities.