Rejecting an offer that prompts you to avoid what makes you happy is not a harsh decision to me; it's obviously for the individual's personal reasons, like having peace of mind and doing what they are happy with.
If already I have enough wealth and riches that I am satisfied with and I don't really need any offers that discomfort me, I don't mind rejecting such offers without minding the price that comes along with them.
It's only someone who doesn't have any further options who can settle for anyone they manage to find. Those who believe that they will definitely find more opportunities will always be picky about the kind of offers they accept.
Some years ago, while I was still working at a place, my boss said I didn't have to wear any form of jewelry to work. There were no chains, no rings, and some other restrictions that were just so unfavorable to me, but I had no options unless I accepted and started the job.
Topic: Reckless financial decision ? - page 5. (Read 904 times)
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Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
He just knows his "value". He simply knows that money won't be limiting himself from the thing that he wants. Also, he'e a celebrity, he's been offered big amount because there's something from him and that he knows that such opportunity will again come and might even be higher. Being offered means there's a demand, and if there's a demand there are competitions but that's another story to tell or discuss about. Bottomline is he don't wnt to adjust his habits just because he is being paid. There's no need to settle for "less", and that's subjective.Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
Depends on how much money you already have. I mean Matt Damon famously rejected Avatar, for a share of the box office. That could be one of the biggest rejections in history of the world, we are talking about rejecting 200 million dollars, I am sure there must have been some bigger in some other industry, but this is certainly one of the highest ever.
It is not really about regret, it's about the fact that if you have enough, you are in a position to reject. If you offer something terrible, like lets say keep the acting going, you hire some homeless person to play a homeless person for 15 dollars, sure they may accept, even for a soup and a sandwich with a fresh drink, cheap but if you offer that to Brad Pitt, he would reject. It's all about the position you reject from.
Indeed another reason to consider. If he has existing deals and contracts with other organizations or companies, then it won't be that much of a loss for him. He would for sure not display such pride without having something to back him up. If it is really that "big" in his perspective, he won't reject it at first and will most likely adjust himself. Knowing your value means knowing what you want and what you don't, as well. It is not really about regret, it's about the fact that if you have enough, you are in a position to reject. If you offer something terrible, like lets say keep the acting going, you hire some homeless person to play a homeless person for 15 dollars, sure they may accept, even for a soup and a sandwich with a fresh drink, cheap but if you offer that to Brad Pitt, he would reject. It's all about the position you reject from.
Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
it depends, if the celebrity is already a multimillionaire, millionaire or maybe not even a millionaire but is in a place where they can deny multi-million dollar roles and it wouldn't affect them financially, then no, it is not a reckless financial decision. That person is basically prioritizing themselves and what they want and not how much money they'll get from a role. Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
Depends on how much money you already have. I mean Matt Damon famously rejected Avatar, for a share of the box office. That could be one of the biggest rejections in history of the world, we are talking about rejecting 200 million dollars, I am sure there must have been some bigger in some other industry, but this is certainly one of the highest ever.
It is not really about regret, it's about the fact that if you have enough, you are in a position to reject. If you offer something terrible, like lets say keep the acting going, you hire some homeless person to play a homeless person for 15 dollars, sure they may accept, even for a soup and a sandwich with a fresh drink, cheap but if you offer that to Brad Pitt, he would reject. It's all about the position you reject from.
It is not really about regret, it's about the fact that if you have enough, you are in a position to reject. If you offer something terrible, like lets say keep the acting going, you hire some homeless person to play a homeless person for 15 dollars, sure they may accept, even for a soup and a sandwich with a fresh drink, cheap but if you offer that to Brad Pitt, he would reject. It's all about the position you reject from.
Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
When it comes to rich people, the money is generally not an issue. So, they want to live their life as they want. And when you can afford, it's better to live your life with your standards. What's the use of money when you can't enjoy it. That might be the understanding of the celebrity in question.
Celebrities are expected to have an ideal image and many brands still believe marijuana would hurt the brand image. It's an advantage of not being a celebrity that people like me are never asked by the employer not to take marijuana or alcohol.
Marijuana could be bad if people are destroying their life and finance being high all the time. It's not an issues when you are enjoying at your spare time.
Getting married, definitely getting married. A guaranteed loss for the average man.
Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
You know from my understanding that if you invest in an investment scheme where you don't even do any research and just invest, you are putting your capital at high risk. And when you do this as an investor, it can be called a reckless decision without thinking properly first.
Then, when we say the word "riskless," it's broad in general terms; it can be financial, it can be individual problems, and so on. It can also refer to not valuing retirement savings, which also includes reckless decisions.
Your example don't make any sense, do you think every people in the world like you? nah. You doing something, there's a person don't like your progress, you don't do anything, there's a person don't like you because he think you're lazy.
When a celebrity turns down a company, there's always an other company will reach him.
Mostly company that accepts smoking weed are related to gambling, sexuality, and beers.
When a celebrity turns down a company, there's always an other company will reach him.
Mostly company that accepts smoking weed are related to gambling, sexuality, and beers.
It’s a reckless financial decision for some people to turn down that kind of money but if the celebrity in question is wealthy & can afford to not take that role then whatever. If he sticks to his principles & smoking weed means that much to him that he doesn’t want to take the role then it’s fine.
Like Johnny Depp who was offered $300 million by Disney to come back for the Pirates of the Caribbean. He turned it down because of what Disney had done to him during his battle against his X-wife. That's a huge money and anyone would yes if he is just struggling with his career. But Johnny is moving on.
Not sure if this is reckless to him but it sure sounds reckless for someone who is looking forward to just forgetting everything behind.
I read a story about a famous person who went bankrupt and refused to take off his ring to clean cars. The value of money decreases when you earn a lot of it. If you are an employee who earns $100 a month, it is different from someone who has a salary of $10,000 and who can spend this $100 on one meal.
When you have a lot of money, you start looking for rare things, such as limited edition cars, gold-plated phones, or things that others cannot own.
When you have a lot of money, you start looking for rare things, such as limited edition cars, gold-plated phones, or things that others cannot own.
It could be a reckless financial decision or choice, depending on the economical situation of the person who is taking those choices. A celebrity can turn away money and deals if already has enough money to fend off for much time with their savings and other enterprises.
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seeing as the OP's topic is about a celebrity.. then its probably someone with wealth already..
so its not a money question. its a unconditioned life living as is.. or a conditioned life taking the deal
seeing as the OP's topic is about a celebrity.. then its probably someone with wealth already..
so its not a money question. its a unconditioned life living as is.. or a conditioned life taking the deal
That is the clue. It is said that we all have a price, and although I don't totally agree with that sentence, the truth is that this price differs a lot from a rich person to a poor person.
Some think that the higher the salary a worker gets paid, the more importance he will give to extra holidays compared to extra earnings, and viceversa. Kahnemann called this breakeven the “happiness plateau”. Although more modern research seems to cast doubt on this theory, I think that Kahnemann was right, at least if we do not take into account the most materialistic population.
That said, if the celebrity we're talking about has enough money and he is not a purely materialistic guy, then choosing to be free to do what he wants (smoking weed or whatever) seems perfectly natural to me.
This reminds me of the news we hear about top football players: many of them are willing to move to the Emirates with their families just because they are offered even more millions to play there. While it doesn't make any sense to me (they are already rich!), some people always want more. The worrying thing is that we often see it as reasonable, but we doubt about the recklessness of the opposite case, as the title of this thread shows.
Perhaps they are just upholding standards to protect their image from some of their investors and partners. It could be a bad financial decision to them, but they might lose a lot of money in the long run should they go with the deal and continue with that celebrity who are clearly not 'aligned' with the standards they are upholding. These reasons they have are probably more important than them getting that celebrity to promote or advertise their brand.
Then again, there are some classic examples of companies regretting such decisions when their prospects achieve even higher highs than them. It may work out, it may not, and it's one of those decisions that successful companies do that makes them stand out against other companies out there. Also, if that company is working against weed, or their products are literally antagonizing weed, it's just stupid of them to sign that celebrity anyway.
Then again, there are some classic examples of companies regretting such decisions when their prospects achieve even higher highs than them. It may work out, it may not, and it's one of those decisions that successful companies do that makes them stand out against other companies out there. Also, if that company is working against weed, or their products are literally antagonizing weed, it's just stupid of them to sign that celebrity anyway.
Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
Yes the multi-million dollar company has made an extremely poor choice by attacking weed.
Interested to know the companies name so I can boycott them.
It is amazing to see no one else is angry at the company for being foolhardy and stupid.
I personally do not do weed anymore but if I want to go back at least I live in a state (New Jersey) that
allows it.
Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
Who is this celebrity? Do you want to keep his name a secret?
Maybe this celebrity is rich enough, so he could turn down a multi-million dollar deal without any regrets. Why do you think that this decision is reckless? We don't know the mindset of the extremely rich people(millionaires and billionaires). When you own 100 million dollars, adding 10 million dollars doesn't seem like a big deal for some rich celebrities. Maybe this guy simply wants to chill and smoke weed, instead of making more money. Some people don't want to make sacrifices and change their lifestyle and habits for financial gains.
Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
If the person OP mentioned has made that decision, it is simply a personal decision, and if I look at it frankly, I also think that person will also have other big contracts. Accepting/rejecting agreement has many issues behind it, but people who are outside the problem can talk about being reckless but try to put themselves in the position of that thought to feel. Always know that we are not the same, and every choice works the way we want, without imposing too much on what is good for them when we have not had the opportunity to do it.
Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
A low-income person turning down a multi-million dollar deal because of not being allowed to smoke weed is a reckless financial decision because this person could really use a huge financial boost and should be willing to compromise some inconveniences for it. But you're talking about a celebrity, which to me means that this person is likely to already have significant wealth. In that case, the marginal value of this deal for a celebrity is much lower than for a low-income person, which means that a celebrity can make more demands and turn down a deal for personal reasons even when they aren't objectively serious. So no, I don't think that's a reckless financial decision because there's no risk here, and I think a celebrity is fine with the consequences. Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
You don't have to be a celebrity to make such stupid decisions. The main thing in the whole story is vanity and pride. A person who decides that he has the opportunity to dictate rules to others clearly puts himself above the rest. The funniest thing is when we see similar actions from those who have not achieved anything but are full of pride.
Wise people always have a cool mind so as not to commit rash, hot actions because they understand that time can change their future so much that one day they simply will not have a choice.
I like the saying that, when you go up, remember those below. Because when you start going down, you will meet their faces.
Wise people always have a cool mind so as not to commit rash, hot actions because they understand that time can change their future so much that one day they simply will not have a choice.
I like the saying that, when you go up, remember those below. Because when you start going down, you will meet their faces.
One thing is about the money another thing is about the terms which follows with the money.
Sometimes we need to look beyond just the payment and focus mainly on what we like if they terms of the deal is going to suit us or if we are not going to be comfortable in the rest of the deal until it’s done, our happiness and things we want is priceless and their are people who can turn down a life changing opportunity just because it will deprive them of what they love.
The person in question is already a multi millionaire if not billionaire before he could be able to resist such an offer just be sure they won’t allow him enjoy his weed, they have the money which we offered to them already so with or without the deal they are already rich and they don’t consider that amount worthy to deprive them of their pleasure.
Sometimes we need to look beyond just the payment and focus mainly on what we like if they terms of the deal is going to suit us or if we are not going to be comfortable in the rest of the deal until it’s done, our happiness and things we want is priceless and their are people who can turn down a life changing opportunity just because it will deprive them of what they love.
The person in question is already a multi millionaire if not billionaire before he could be able to resist such an offer just be sure they won’t allow him enjoy his weed, they have the money which we offered to them already so with or without the deal they are already rich and they don’t consider that amount worthy to deprive them of their pleasure.
It’s a reckless financial decision for some people to turn down that kind of money but if the celebrity in question is wealthy & can afford to not take that role then whatever. If he sticks to his principles & smoking weed means that much to him that he doesn’t want to take the role then it’s fine.
Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
You cannot take the incident in isolation, you talk about a celebrity so what is their net worth? If it is tens of millions or hundreds of millions, they can afford to turn down such an offer for personal reasons and I will not consider this being a reckless financial decision, just one based on values I do not share.Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
However if the person in question was bankrupt or had very little money, your argument would make sense and I will consider that to be a dumb decision, as most of us have to do things we may not feel excited about it, but that are part of our jobs.
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