Entrepreneur

if you lucky enough to be employee #10 of google or FB.

Build your own wealth. Not someone else’s.

Sounds like a miserable life wasting your one only life building someone else’s dream. I’d rather be piss poor giving it my all on my own dreams then to be a ass kisser trying to climb my way up someone else’s pole. Horrible advice.

That was a disappointing answer. Something I wish I would have done when I was younger---I wish I made money my top priority and specifically, learning about money and consciously trying to figure out how to make money and applying all if my energy to doing it when I was young.

People often talk about balance, but the people who say that are already rich and successful. Don't listen to them. If you're wise, you'll use the energy of your youth to solve the money paradox. You have unlimited energy, so use it to make a lot and learn as much as possible so you can get ahead.

Most people spend their youth partying and getting drunk, well, that's how it was when I was a teen in the 80's. We didn't have computers or Ai, so it was very difficult to do what i'm suggesting now, back in the 80s.

I was always chasing my dream of being creative, pursuing a job where i could express myself. I ended up in the video game industry, which was only cool for a few years because the one single thing I learned after many years of pursuing nonsense was that what I wanted was to uave have control over my life and how I spend my time.

Beneath my search for self-expression was something quite simple to choose how I live my life. The only way to achieve that is to be independently wealthy. Once you have a good amount of money and skills on how to make money, you can then use your money to do the things you want to do. Money buys you freedom. It's simple.

But the one thing most people don't want to do is sacrifice their life to be able to be in control for the rest of their life. If you have you work day and night for 120 hours a week for 5 years, so you can find the money-making idea that will give you a life of freedom, wouldn't that be a good trade off?

Time will move on either way. Why not make money a priority and master all aspects of money and business. Believe me, do it when you are young.

There is one thing more important than money, and you need this skill in order to reach your goals. The first thing you need to learn is how to make decisions, solve problems, logic and reasoning, mental models, and how to predict the future.

The most important skill to a good life is how you make decisions and the various forms of reasoning and logic you use to make better decisions. Most people make mistakes and then learn from them. That's inefficient and unnecessary.

You need to learn to make decisions without having made the mistakes, but you have the clarity of mind to be able to analyze a situation and make an unbiased decision. The sooner you reach that level, the quicker you will achieve your goals. Most people waste decades making bad decisions. You need to learn how not to make obvious mistakes so you can shorten the road to success.

Sorry, this is a little rushed. I'm not sure if anyone will find this useful. If you have any specific questions, let me know.

If you want to be a millionaire? it’s super easy. The first thing you need to do is get a millionaire dollars. The rest is pretty easy. “Steve Martin” (paraphrased).

Dont do that if you know nothing about money.

My method was:

Get a blue collar job in an unsaturated field. Change companies every 4 years, then switch to 2 years, then every year, increasing your pay substantially with each jump. Once pay is at the top end of the curve, start your own business to move it even higher. Pay off all debt. Invest consistently and boringly. Enjoy being wealthy.

Too easy to be real. A current growing company can close next year. A path way inside a company isn't the same always and it changes because of the context. BTW you can try it, it's not the only way

Yeah, until said person gets laid off and tries to cut back in line somewhere else. It was never as easy as sit back and do your job, unless it's government work.

Right, because promotions are just automatically given at predictable increments and inflation doesn't exist!

No, that's not the way, create your company, buy people's time cheaply.

Wrong. To make money, solve a problem and ask money from people who need that problem solved. That’s it. (There are lots of people who get rich joining a growing company and that’s fine. However, there are big limitations of a salary man: the company you work for is your only customer and is in control of how much money you get paid).

Don't forget that growing companies tend to let you go a lot quicker

That’s placing a TREMENDOUS amount of faith in someone to choose to move you up.. this definitely is not the answer

We should name this genius method in your name, Mr Mc.Carreer

I will copy and paste the actual way to 'get rich' today that I have posted previously...

When you are young work a job that can get you to $100k+ a year after a few years of work, something sales based.
Max out your 401k every year. Live below your means. Like way way way below your means. Do not take flashy holidays, travel America first - lots to see here.
Buy houses that need to be renovated, live in them whilst you renovate them. Rent them out after.
Work on your own business in your spare time if you really want to. Maybe you lottery ticket it into the big leagues.
Buy cheap reliable cars. Cook your own food.
Do not get divorced.
Do this for 15 years. Do this all before you are 40. Then enjoy... you win at the game of capitalism. It's not hard. The no instant gratification part is the hard part.

I’ve never joined and left a sub so fast.

Marry to a rich girl.

OR

Marry to a girl with rich dad.

Damn

This is why we are in this mess. Too many corpo yes men climbing ladders.

I am just shocked that no one has ever thought of this before - great take!

Not as good as my plan that guarantees a small fortune, but it requires you to start with a large fortune

OBJECTION!
I spent 2 months researching products and selling them to find what people needed/wanted.

Spent 2 months making products based on the most profitable ventures (assuming the guy before me didn't have a good product, a shit sales page still wins out if the product is the tits)

After having a better product then my competition and a modern web page... I started marketing it.

Made 20k in 2 months, and it all went up from there.

Just took 3 people, 4 months and the willingness to learn.

​

NOTE: many people try to steal and run with ideas, they are doing this as they are too stupid to do anything themselves, try not to laugh too hard at them as they crash and burn, but do buy up their failed enterprise and add it to your own for cheap : )

When I started my first business, I was told the easiest way to make my first million. On day one start with 2 million. As you business account drops down, once you hit 1 Million close your doors.

Look here's the deal. We go in there we act like we're going to rob place. We stay there for 20 30 40 years something like that take a little bit of money home every single week from them. And one day bam we just leave take all the money that we've made and we're out of there. That's how you rob a place.

OBJECTION!
I spent 2 months researching products and selling them to find what people needed/wanted.

Spent 2 months making products based on the most profitable ventures (assuming the guy before me didn't have a good product, a shit sales page still wins out if the product is the tits)

After having a better product then my competition and a modern web page... I started marketing it.

Made 20k in 2 months, and it all went up from there.

Just took 3 people, 4 months and the willingness to learn.

​

NOTE: many people try to steal and run with ideas, they are doing this as they are too stupid to do anything themselves, try not to laugh too hard at them as they crash and burn, but do buy up their failed enterprise and add it to your own for cheap : )

SO what your saying is I should stay with this consulting firm of 5 people that I am at and it started with just my boss and me?

Real talk- join a young start up, prove your worth and ask for shares. No, not all start ups will be the next google, or Amazon, but it’s better than a true corporate job where you slowly advance.

And don’t be afraid to job hop after a handful of years (enough years so you can earn shares).

That’s a good way.

Or buy your way to the top.

For whatever reason many of my newsletter readers are asking about this approach.

I am researching and will cover these. But for now, I am blaming the likes of Codie Sanchez for the popularity of buying a business! 😅

Rob a bank bro alliswell

Good Day,

If you’re looking for funds to pay Bills, Acquire properties, fund Fix and Flip or Rehab, Business loans, Car loans, etc... I can get you funded on your requested amount ASAP

I CHARGE at 3% ( fixed ) interest rate for all loans I give out to my customers. My loan takes a maximum of 48 hours to get approved and funded..

Or start your own maybe??

Live cheap and invest every month in the stock market for 20 - 40 years. And in the mean time do everything to speed it up.

The sad reality of boomers is that they were the most mediocre generation produced by the most extraordinary amount of financial stimulus known to history… they literally could not fail…. If you were a complete moron, you could still work 40-60 hours a week, finance a home purchase, and build a portfolio over 30-40 years to be now a multi-millionaire… No Vietnamese, no depression… nothing stood in their way except for a few market downturns which lasted no longer than a few years and even then the purchasing power was still good…

Even better, go to work for the government, take off the maximum holidays and sick days, spend the rest of the time sitting on your ass with your feet up on the desk and retire at 55 with a fat pension, meanwhile complaining all the way about how hard you work and how badly you are paid.

I didn't do this but my brother did. He was right.

Be careful saying such things. Even if you’re correct in 99.99% of cases, you “shouldn’t say such things in the entrepreneur sub”.

Don’t you know? Nowadays every 19 year old with $0 in their bank account should be forgoing college and careers to start companies instead. Who cares if you have 0 experience, $0 in a 401k, $0 to put towards private market healthcare, and your housing is your mom’s spare room?

Who cares if it takes the average company ~3 to start generating $1 of profit? Who cares if you need $50k to live above the poverty line while you get the company off the ground? Who cares if your “professional network” consists of a few kids in college who smoke drugs on a couch and skip class everyday?

Who cares if when the business fails (incredibly high odds it will) your resume will be a blank sheet of paper and you’ll get stuck flipping burgers in the back of a McDonalds?

Who cares if you have $0 in W2 income, excluding you from most loans, apartment leases, etc.?

Who cares if you have no degree and zero experience in the industry your “company” is in?

Who cares if you’ll be competing against people many of which have 30+ years of experience running companies and unlimited capital to tap?

And before you say “just get a degree and wait until you’ve worked a few years to gain experience and build your network” - don’t you know that’s not an option anymore?

Don’t you know Mark Zuckerberg dropped out of college and became a billionaire? Who cares if his dad gave him the choice between a free, funded, pre-built business or a free Harvard degree?

Mark Zuckerberg did it so therefore every young person in America should do the same thing he did. Who cares that 99.999% of them will fail? In which case they can become homeless, file for bankruptcy, eat at the Food Bank, and ruin their credit or get an entry level Job anyways to desperately pay off the financial destruction!

how do you find a growing company to work for? what is considered a growing company?

I refer to it as my subscription. You can settle for standard with ads or upgrade to premium ad-free. The cost increases annually.

True story. I was working in the mailroom of a company. I had this amazing idea for a product for kids. People heard my idea and it was a massive success and they put me in charge of the company. If I can do it anyone can do it. For $40 I will teach you how in my online course.

It’s actually even easier than that.

Join a company, do well and be on good terms with managers above and below you. Every 3-5 years jump to a new company, you will get a 10-30% pay increase almost every time.

What you should do is save a penny a day, cause then in a year its worth $8 million

0.3% of US companies have over 500 people. If you are in those 0.3%, you will have less than 1% chance to the top. Just by the numbers, very few people will be at the top medium or large size companies. To be a founder of medium or large company, as well as rising to the top in such company, is always a low probability. To be a founder of a small company would be easier. To work for a medium or large company as employee would be easier. When you are young, you can choose. When 60 or people with other "red flag", probably don't have much possibility to get a job paying more than minimum wage, therefore to be a founder may be only choice.

I promise you that no amount of talent or hard work guarantees a damn thing. Especially not a reasonable level of advancement. Most companies will just fire you in your 50’s so they can replace you with cheaper talent.

realest advice /s

https://i.imgur.com/8uMHGsQ.png mf thats called a job

That is true in a way. Many people did that, me included. Now I have retired early.