Oct 22, 2023 By Susan Kelly
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Prepare to have your perspectives challenged as we delve into the concept of
"house-banking," a strategy that has the potential to revolutionize your financial prospects.
Ever wondered why some individuals who started from scratch consistently seem blessed with good
fortune? By the end of this article, you might understand what underpins the repeated successes
of trailblazers like Elon Musk, who stand as the top idols in the minds of aspiring
entrepreneurs. If you're uninterested in financial strategies that work, then perhaps it's time
to step aside.
Let's begin by clarifying a fundamental distinction: "house-banking" is
different from simply being a landlord. "House-banking" represents a dynamic and adaptable
approach to strategic gaming, while being a landlord typically implies having a static
advantage. In essence, the former involves the rise from humble beginnings, while the latter
often involves descendants of those who have already made it. Those who occupy privileged
positions understand a fundamental truth: survival in this competitive world requires active
participation in the zero-sum game of establishing and influencing the rules. If you choose not
to play this game or only dabble in it, your chances of survival and advancement diminish
considerably.
Why do some individuals continually struggle to accumulate wealth? It's
because anything beyond their existing knowledge and cognitive boundaries belongs to others. In
essence, your cognitive limitations are the result of what you've been able to grasp, often
through costly trial and error. Thus, "house-banking" is a strategic way to unify life
philosophies and development strategies. By "house-banking," you can acquire a strategic
advantage in various forms of gaming, reducing and transferring risk while optimizing your
return on investment.
Surprisingly, the fastest path to financial freedom is not the
creation of wealth but the transfer of wealth, and "house-banking" happens to be one of the most
efficient ways to achieve this. Effectively, it can be seen as a lawful, refined practice of
wealth transfer from the broader population to those who sit in the advantageous position of the
house.
However, why is it that money seems increasingly challenging to earn today? The
answer lies in the ever-widening gap in social strata and the meticulous construction of rules
that perpetuate these inequalities. Business owners familiar with the intricacies of renting
space in commercial properties can attest to the complexities of tenant recruitment. Major
retailers like Starbucks, KFC, and Walmart are often strategically invited by commercial
property owners, and in exchange, these retailers are offered various incentives, such as
rent-free periods or financial support for store renovations. Once these anchor stores are in
place, they attract secondary tenants, such as smaller retailers or independent operators, who,
lacking the advantage of large-scale operations or well-known brand recognition, are left with
the most laborious and costly aspects of entrepreneurship.
Here's where the power dynamic
becomes glaringly evident. Small-scale or independent retailers typically find themselves at a
disadvantage when negotiating lease agreements with commercial property owners. These contracts
are often highly asymmetrical, leaving tenants with limited control over their business
operations and hefty security deposits at the owner's discretion. Without prior approval from
the owner, it's possible for a tenant to forfeit their security deposit. Why do entrepreneurs
willingly agree to such unfavorable terms? The answer lies in information
asymmetry.
Commercial property owners usually have dedicated leasing departments, which
means they have a constant flow of potential tenants and receive multiple price quotes. Their
task is to create competition among prospective tenants, pushing them to make quicker decisions
to secure prime locations. In contrast, small-scale entrepreneurs or new businesses have neither
the experience nor the competitive advantage of access to valuable resources. They often lack
crucial data on the commercial property's operational performance. Furthermore, these businesses
do not have the leverage to negotiate favorable terms. Unaware of the owner's resources and
relying on the owner's disclosed data for reference, entrepreneurs often yield to the owner's
pressure.
At this point, you may wonder how one can escape this seemingly disadvantageous
position or transform it to their advantage. The key lies in playing a different role. If you
can't be the house, become a service provider for the house. Start by working within the
commercial property sector to build up your financial capacity gradually. In essence, change
from being a player to being a facilitator.
Remember, you may not possess the resources
or influence to change the game's rules right now, but you have the power to adapt to the
existing rules. Employ strategic thinking to transform seemingly impossible circumstances into a
launchpad for your future success.
To put it differently, by becoming a service provider
to established entities, you accumulate both resources and knowledge while avoiding the
substantial upfront costs associated with entrepreneurship. This intermediate step grants you a
tactical advantage. As your expertise grows, you can evolve from a facilitator to a
decision-maker within the sector.
In conclusion, the act of "house-banking" reflects a
strategy grounded in the principles of strategic gameplay. The game of entrepreneurship, at its
core, is about finding optimal solutions within constraints. The wise recognize that they must
act prudently and leverage their resources effectively. "House-banking" is a philosophy that
emphasizes the importance of recognizing when to engage and when to refrain, avoiding what one
might call unwise gambles.
Sun Tzu's "Art of War" advises, "The greatest victory is that
which requires no battle. The skillful fighter puts himself into a position which makes defeat
impossible and does not miss the moment for defeating the enemy." The primary concept behind The
Art of War is not about defeating a stronger adversary but about outmaneuvering, outthinking,
and ultimately not engaging the enemy at all.
Don't remain idle—begin your journey into
the world of strategic thinking today. Whether you believe it or not, fortune favors the
prepared mind. In the world of strategic gameplay, those who master their positions emerge as
victors. So, what are you waiting for? Begin your ascent with wisdom, passion, and a burning
desire to succeed.
Triston Martin Nov 07, 2023
Triston Martin Nov 08, 2022
Susan Kelly Nov 23, 2023