Iniubong Jeremiah | Jerryminds

The most profound business advice my mentor ever gave me was: "Rich men have very limited ways to showcase their wealth, so they'll always find more creative ways to do it." - because there is only so many houses and cars that one person can own. Which is why any business designed to serve them at a high level can become incredibly lucrative. Ferarri sells 13,000–14,000 units yearly, the cheapest one is about $300k and yet many Ferrari models have waiting lists of 1-3 years, and some limited editions are offered only to existing Ferrari owners or specially selected clients. Because if a man can afford almost anything, he'll start craving the things that are hardest to afford. Humans will always want things; and that appetite tends to grow as they make more money. That's generally why wealthy people spend crazy amounts on expensive watches and supercars. It makes no sense to the poor man because his wants are still basic. It makes perfect sense to the rich man because his basic wants bore him now.

one thing with ambition is people will tell you to be grateful for what you have, that others wish to be in your shoes - and you'd genuinely want them to shut up. You'd also not feel like what you have is even a big deal, but you see - you really have to be grateful. I learnt this the hard way; it is only when you are grateful for what you have that you'd get bigger. If you remain ungrateful, you will chase your dreams from a place of stress - and everything will feel 10x harder than it should be. ...but when you are grateful, you are more relaxed - and that is the energy that you need in order to execute effortlessly.