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Big decision

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topogigo | 13:24 Sun 05th Oct 2008 | ChatterBank
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On Wednesday i have got a meeting to determine whether or not to spend �15,000 on an idea i have had, that, if it was successful, would likely be very successful, or otherwise a gigantic flop. I cannot divulge what it is, i will eventually, but the anxiety it is giving me is driving me mad. I think this is what powerful people manage to cope with easily, i'll be glad when something starts to happen.
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Well all the best for that, are you in the hands of other people who will decide your success or failure or are you the one making the final decision to proceed? and is it to do with the Olympics lol
Question Author
Thanks Dot.
The idea is mine, the way it is played out will be determined on the technical side by me, the business side by my business partner and the success of it all depends on whether Joe Public likes it. I have to consult the experts that will implement it all on Wednesday, if they cannot convince me they are capable of doing it to my satisfaction, i will go elsewhere. But, Wednesday could be dotted line day.
To be honest, the Olympics will have a place in it all but only because i will end up taking advantage of the situation i am sure.
This works for me.

Think of it now as dead money ...

... it's gone, committed, you no longer have it.

Don'e agonize any more about whether or not to invest it. Just visualize your finances as if that money was not part of them.

So on Wednesday, if you decide to go ahead, you are playing with money that is not a part of your critical financial base. It's almost like using someone alse's money.

If you make a stack, it's a bonus. If it doesn't work out, you don't have to feel too bad, because the money was mentally already written out of your own finances.
That was meant to say ... "Don't agonize"

And your mantra is ...

It's not my money

It's not my money

It's not my money

It's not my money

For rich people (makes them powerful) �15k would not cause anxiety because of their funds. When same amount causes hardship for others to risk, I caution against.
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That is a clever thought, it would be nice if i could get the wednesday folk to pretend i had given it to them too.
To be honest, the money is not as precious to me as the end result will be.
I have been a builder all my life but my hands are giving up on me, i need to start again with something new. I am happy to risk the money, if it all comes together i will be ecstatic, if it doesn't, then c'est la vie. Move on to the next one. Right now the not getting on with it is driving me mad.
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It is important in the economic climate to try and see beyond the immediate future, i am doing this by thinking ust how close 4 years ago was, and in another 4 years we should be in a boom time!! That's just my optimism, jobs for the building of the Oltmpic village are alreayd being filled and the contrcats are almost completely decided, and so people should not miss the boat!!
terambulan, I take your point.

But it sounds like the issue is not whether or not to hand over the money (we can hardly advise on that, as we know nothing about the project).

The issue is Topogigo psyching himself up to part with the cash.

Obviously the safe policy is ... don't risk what you can't afford to lose.

But, people who took mad risks are people like ...

Bill Gates ... dropped out of College.

James Dyson ... stupid vacuum idea.

Richard Branson ... Tubular Bells ???

Trevor Baylis ... clockwork radio ? Helllo ?

... and various other multi millionaires.
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Jogger Jayne, if you are going to besmirch the wonder that is Tubular Bells, i must kindly ask you to step outside, we will strip to the waist and sort it out with a fist fight. (It's all right i am useless with my hands)
I think the Tubular Bells risk was brave, Bo hansen's Lord of the Rings, now that was foolish lol (well it sold a few)
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Oh how I dream of having my own excrement deoderisor.
I'm not besmirching Tubular Bells.

But when Richard Branson decided to run with it, it was ...

... unconventional.

Conventional business wisdom would have dictated that, for a first release on the label, Branson should have gone with a more popular, established genre.

My point is, that going with something unusual was a brave move, but one which still earns Richard Branson �m's each year while he is sitting on the loo.

Bo Hansen's Lord Of The Rings is just whacky. You only have to look at how often it comes up on eBay on vinyl.

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