Knowledge Marketplace
My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

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focusing on making money will cause you to make less money
wealthpsychologysalesparadox

What It Means

When people perceive you as primarily motivated by money extraction, they avoid transacting with you, reducing your actual income potential

Why It Matters

Reveals counterintuitive relationship between motivation and outcomes - indirect approaches often work better than direct ones

When It's True

In relationship-based businesses, consultative sales, long-term customer relationships, reputation-dependent markets

When It's Risky

In purely transactional markets, when dealing with sophisticated buyers who separate personal motivation from value delivery, in auction-like situations

How to Apply

1

Lead with customer problem-solving rather than revenue goals

2

Build expertise in creating value before monetizing

3

Use consultative sales approaches that diagnose before proposing

4

Market based on outcomes rather than profit margins

Example Scenario

Salesperson who focuses on understanding customer problems and recommending appropriate solutions (even if lower priced) builds trust and gets more referrals than someone obviously trying to maximize commission