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The Lazy Goldmaker

Category: Goblin Mindset

Goblin Mindset: Dealing with sunk costs

February 25, 2019February 25, 2019The Lazy Goldmaker 2
Goblin Mindset: Dealing with sunk costs

Sunk cost is a term from economics which represents the money you have spent that you have no way to get back. Since the money is […]

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Goblin Mindset: Focus on the journey

February 18, 2019February 18, 2019The Lazy Goldmaker 0
Goblin Mindset: Focus on the journey

“The Journey is the destination” is a popular saying and I believe it applies to gold making quite well, especially starting out. Obviously you need […]

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Goblin Mindset: Making decisions with positive expected value

February 11, 2019February 11, 2019The Lazy Goldmaker 0
Goblin Mindset: Making decisions with positive expected value

If anyone of you are into poker or Fantasy premier league you may be aware of the idea of making positive expected value decisions. This […]

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Goblin Mindset: Where to play and how to win

February 4, 2019February 4, 2019The Lazy Goldmaker 0
Goblin Mindset: Where to play and how to win

Recently I started reading a book on business strategy called playing to win. One of the concepts it talks about is splitting the idea of […]

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Goblin Mindset: Abundance mindset

January 28, 2019January 28, 2019The Lazy Goldmaker 0
Goblin Mindset: Abundance mindset

There are two fairly common modes of thinking about the world that have to do with how easy it is attain resources. Scarcity versus abundance. […]

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Goblin Mindset: Understanding your buyers

January 21, 2019January 21, 2019The Lazy Goldmaker 0
Goblin Mindset: Understanding your buyers

If you know what players are planning to do with the items you are selling you will be able to sell your items quicker for […]

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Goblin Mindset: Avoiding tunnel vision

January 7, 2019January 7, 2019The Lazy Goldmaker 0
Goblin Mindset: Avoiding tunnel vision

Today I will talk about tunnel vision and why it can be harmful when you are just starting out on your gold making journey. Limitations […]

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Goblin Mindset: Setting goals for 2019

December 31, 2018December 31, 2018The Lazy Goldmaker 2
Goblin Mindset: Setting goals for 2019

Today is New Year’s Eve and now is the perfect time to set some goals for 2019. As I covered in the podcast this week […]

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Goblin Mindset: Fear of loss

December 25, 2018December 25, 2018The Lazy Goldmaker 0
Goblin Mindset: Fear of loss

This is something that all new gold makers struggle with to some degree. The fear of losing the gold you choose to invest into the […]

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Goblin Mindset: How much is an item worth

December 17, 2018December 17, 2018The Lazy Goldmaker 4
Goblin Mindset: How much is an item worth

Today I will be discussing how you want to value your items. Specifically I will focus on what you should consider when you’re  setting your […]

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