Short YouTube monologue (May 8, 2024) by Eric Deeran arguing that money should be treated as a deployable resource rather than something to hoard. The speaker warns that hoarding cash leads to stagnation, and describes a mindset shift: deploying money to buy back time, hire team members, learn skills, and acquire clients leads to business growth and returning capital.
At the end of the day, money is just a resource. And if you're hoarding and hoarding money and you're afraid to deploy that money into your business, into more growth, into learning new skills, then what's going to happen is, is typically you're going to stagnate because of that. But the minute that I switched my mindset around money being a resource that I can deploy to buy my time back, to hire more team members, to get more clients, it was at that point that my money actually started to grow and I actually started to make more money because I was deploying the money and then the money was coming back to me.
