A short YouTube talk by Mark J. Podolsky (the Land Geek) that argues social comparison reduces personal happiness—summarized with the phrase “comparison is the thief of happiness.” He relates a study about relative income and happiness, then connects the idea to his preferred business: buying and selling raw land as a low-maintenance way to generate passive income that helps sellers, counties, buyers, and his own family. The clip ends with a call-to-action to visit thelandgeek.com and download related resources.
Chapters
Hey, it's Mark Podolski, the land Geek with thelandgeek.com let's have another virtual cup of coffee together. So this morning I was reading a book on happiness. Turns out happiness is pretty important, something that we all strive for. And it was interesting. There was a study done about money and happiness, right? So it turns out that if given the choice between making more money than you do today, but everyone else earns more than you, or making more money than you earn than you are earning less money than you make today, but everyone else earns more than you, you would choose to earn less money as long as everyone else was doing worse. The reason being, we're a competitive species, we just want to do better than everyone else, even if in finite terms, we're not doing as well as we were today. So what does that mean as far as happiness? It means that comparison is the thief of happiness. I think I heard that quote somewhere. But think about it. When we're constantly comparing ourselves to other people, it robs us of our happiness. And the reason that I love buying and selling raw land is the aspect of the fact that, you know, number one, there's not much involved in it. There's no maintenance, headaches, there's no tenants, termites, toilets, trash. It's a one time sale and you keep getting recurring revenue and it's fun to do and everyone involved in that transaction benefits. You're helping the seller get out of a financial problem, right? You're helping the county now they're collecting taxes that they weren't receiving on a new property and you're helping a new buyer enjoy a piece of property. And in the process you're profiting as well and helping your family. And there's no, no better feeling than that than being able to provide for your family and make more money, but also make money in your sleep with that passive income. So if you want more tips, tricks, techniques on how to make an incredible income actively or passively buying and selling raw land, go to www.thelandgeek.com, download the passive income Blueprint, get the ebook how to Avoid the three Fatal Land Buying Mistakes. And of course, get the always informative and engaging podcast delivered each week to your email inbox. This is Mark Podolski, the Land Geek. Thanks for having a virtual cup of coffee with me. See you next time.