People value what’s limited. Make your time, information, or offers seem scarce to increase their perceived worth and urgency to act.
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Similar ideas to 11. The Power of Scarcity
The Scarcity Principle states that opportunities appear more valuable when they seem limited in availability. This powerful motivator works because:
We have to make sure that we and our future generations understand what scarcity of money feels like.
We have to endow them essential skills for surviving without money, and help them realize what’s needed and what’s simply desired.
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