I bet anyone that, public memeber, Sherlock is more mature than all of us, when it comes to productive work habits.
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Last edited by matthewt; 31 May 2018 at 3:55 pm.
Thanks for the honesty.
Clan culture motivation results from open communication. You can see it here: Work_motivation#Other_factors
"Clan cultures are collaborative and driven by values such as commitment, communication, and individual development. Motivation results from human development, employee engagement, and a high degree of open communication."
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All about goal setting. Without a goal, you are like a ship without a rudder. You will move at times but aimlessly.
Set goals for each day. do it physically with a pen and paper if possible and then tick them off as you complete them.
This will release dopamine into your blood making you feel good and you will get loads done!
matthewt (31 May 2018)
I do not understand having enough $. That would mean having enough to have all you want, but also having enough for the feature and in case of emergencies, etc.
In my opinion, there's no way that most of the income will be forever. 95% of the casinos around will not be around anymore in the future, others will try to cut revenue share in all possible (and impossible) ways (like we say happening now already), markets will be closed, re-opened with regulated brands, etc.
matthewt (31 May 2018)
Dreams and money earning are good motivation![]()
Cash Bonus (1 June 2018), matthewt (31 May 2018)
I guess everyone has their 'get out' amount.
For some it will be £1m (not enough in my opinion, but depends on what job you plan to do in future I guess)
£2.5m
£5m
£10m
£25m
£100m+
Take your pick, but once you reach it, your dedication to your work will probably diminish a lot.
First phrase is what I mean. One million sounds nice, but it's by far not enough for living 30 years with that money, have some money for your kids, buy a property, have some reserve money in case of emergency, etc.
Once reached, dedication will be way lower indeed, but perhaps that's also the right time to start spending time more on other things in life than on work.
Also, for me it's difficult to imagine that most brands will be paying 40% rev. share in the year 2045 on players that I've brought in 2011. I don't see it happening.
matthewt (31 May 2018)
You can go to Wiki and scan the References at the bottom of these pages, for book recommendations:
https://en.wikipedia.org/wiki/Work_motivation#References
https://en.wikipedia.org/wiki/Flow_(...gy)#References
https://en.wikipedia.org/wiki/Positi...ogy#References
Resting is one way to rehab your body. R-I-C-E is rest ice compression elevation. Now P or protection is also recommended: P-R-I-C-E. But you have to set a goal to improve your health.
Also, it is easy to exercise at the gym, when you do cognitive exercises, if you have a good learning curve in athletics.
The very best thing that you can do is by finding out what your affiliate managers want from you and telling them what you want and then trying to work out a way to work better together, so as to get a better commission deal and seeing which banners and such convert better than others. This has worked for me in the past and most affiliate managers will be happy to give you a better partnership with them. You can also explore other options that are very similar to these ones.
matthewt (2 June 2018)
I don't know if this applies to you, but it might...
My goal is FINANCIAL INDEPENDENCE. That means accumulating an amount of X$. When I have that amount, I know I am set for the rest of my life.
Now the question is, how high must X$ be?
1M$ is probably not enough, unless you are already 85 years old or you plan to live the rest of your life in a mobile home or in a thrid world country. But I'd say that with 100k$ or 200k$ per year you can live comfortably. You can now make exact calculations of required ROI, taxes and slowly consuming up the principal, but as a rule of thumb I'd say you can just multiply the yearly amount that you need by 30.
So if you are happy with 100k$ per year, you are "set" when you have accumulated 3M$.
And then - you don't have to worry about lifetime rev share being paid out in 2045 anymore. Because if you want - you can just sell your assets and quit. Or you could even say that in order to reach those 3M$, you'll have to sell all your assets, which would be ok as well.
Personally, I don't want to stop working once I reach X$. But I want to work less (maybe 20-30 hours/week) and I'm sure I'll be stressed less for example by T&C changes at aff programs.
The more money you have, the more financially secure you are. But there's an diminishing marginal utility on money once you reach Y$. For me, there's no way aiming for 100M$, because that won't improve my life compared to having a small fraction of that amount. And as this is such a high goal, it would mean that chances are very small to ever reach it, which in turn would mean I have to work till the end of my life. So think carefully about the amount of money you really need for a good life.
I find this topic very interesting. If you want to read more about reaching financial independence, I can recommend a blog about this (and other money/life/AM/dating topics), which is really excellent: http://wallstreetplayboys.com
Nice link Strider, will check a few posts!
Also on the FI/RE path (reddit / MMM / MadFientist fan). Since you never know when your time is up, I also balance with enjoying the now.
Back to the original topic, I measure the F out of myself.
Mark
matthewt (2 June 2018), Strider1973 (1 June 2018)
Strider1973 (1 June 2018)
Sounds good! I recently started giving myself more self-feedback, in order to focus in on improving my weaknesses. Doing this, I just found a way to lose weight: I just made an agreement with a friend at the gym. Now, I am looking for a way to consistently work 7+ hours a day. I could commit this to a friend, but how will he know I am being honest?
Mark, can you give an example of how you measure yourself?
elieli88 (5 November 2018)
Last edited by Former Member 14; 3 June 2018 at 6:22 am.
Such a complex question, I think it's not (only) about tools, techniques or weird useless apps. It's also about philosophy and how well you understand yourself and the world.
It is actually pretty difficult to motivate yourself to do something like affiliate marketing, or sales, or performance based activities like trading. The alternatives are a regular job or even a comfy government job, that's just more secure, more predictable, maybe even your mum expects it from you...
And gambling affiliate is also pretty difficult to find a higher purpose in. You aren't a doctor, teacher or social worker helping kids in the 3rd world. You are a guy playing with numbers, websites, finding some edges... and making profit in the meanwhile - profiting from people who kinda try to do the same with gambling but they fail.
Imho money cannot be the primary motivation. Just look at the hierarchy of needs, on the pyramid money is second lowest need. First of all - it's very relative.
I started by some freelancing and making websites - when I got my first client, I thought how cool and awesome it is and how much money I'll make (I got paid but the project was useless and it failed).
Then I "randomly" made some money with a sportsbook affiliate and the amount seemed crazy to me - I would have to work long hours developing some dumb website but here some program just sent me huge sum of money even though I almost forgot I promoted them.
Then I "randomly" made some money with crypto and here's where I think about the relativity - I worked on affiliate for a few years, it worked but I actually made more money with useless altcoins than I did with affiliate marketing. Do I really deserve this?
And then the hedonic adaptation sets in. It felt good for a while and then you realize there's always more - richer people, more fit people, smarter people, more popular people... If you are looking forward to some goals, it may never end, you'll just have more goals.
So I think it makes sense just to enjoy the process - enjoy what you're doing. Find something in the activity - you don't have to save the world, just set your mission or vision to something larger and useful.
It is funny that I'm writing this because actually it's my big problem right now, to find some motivation and meaning.
Cash Bonus (12 June 2018), FictionNet (7 September 2018), matthewt (12 June 2018)