
businessJun 27, 202526:45pending
#3331: How To Avoid Traps
About this episode
In this episode, I’m talking about how to avoid traps. A trap is something that looks fun, easy, or like a good deal but in the end, it costs you more than you thought. People fall into traps all the time because they don’t see the danger until it’s too late. I’m breaking down how to spot these setups before you get caught. This all comes down to discipline and learning to think before you jump.
Show Notes:
[02:05]#1 Beware of the free lunch.
[09:18]#2 Think about your exit strategy before you enter.
[14:03]#3 Ask yourself how much, whoever is making the offer, benefits versus how much you benefit.
[22:33]Recap
Episodes Mentioned:
2862: What I'd Do If ALL Social Media Disappeared
3261: The First 3 Laws Of Economics
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