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The U.S. government sends one of their agents to a Native American
tribe to convince them to go to school and get jobs so their society will
be better off.
The agent figures out that he has to go “top down” and talk to the
chief to get him on the program. If he can get the chief on board, then
everyone else will follow.
“Chief, we’ll get you into a great college or trade school,” he says.
“We’ll pay for it, pick you up in the morning, drop you off, pick you up
after school, and drop you back here. We’ll get you a tutor, make sure
you get good grades, graduate, and get a good education.”
The chief asks, “Why would I want to do that?”
“Well, because then we can get you a good job and you can work
for a good company.”
The chief asks, “Why would I want that?”
“Well, because then we can drive you to work, pick you up if
necessary, give you a nice suit to wear…you can start working at a good job and make a salary.”
The chief asks, “But why would I want that?”
“Because if you get a good job and work for a good solid company
for forty years, you get to retire.”
The chief asks again, “But why would I want that?”
“Well, because then, when you retire, you can do whatever you
want for the rest of your life.You can sleep if you want to, you can hunt,
you can fish….”
The chief says, “But I am DOING THAT RIGHT NOW.”
It’s one thing to make money—and it’s another thing to make
money and operate on your own terms. They are two different things.
If you ever intend to make your F.U. Money, you first must put yourself
in a position to do so. If you’re gonna spend your time doing something that has absolutely ZERO chance of making you F.U. Money, what is the only outcome? You’re not gonna make it.
Unfortunately, that’s exactly what most people do when they get into business for themselves. Look at the kind of businesses
they get into: they buy expensive franchises,
they open a restaurant, they become a
manufacturer, they open a retail store.
They invest a lot of money, time, and
effort, taking unnecessary risks and piling on
grief so they can go make a little bit of money,
swapping hours for dollars. Why? Because
they think that’s the way they’re supposed to
do it. They were not taught any different.
Since they’re in control, they think that’s the path to F.U. Money,
when all they’ve really done is swapped one job for another, one crazy
boss for another. It’s stupid.
MONEYISM #60: It’s not just HOW MUCH money you make, it’s
HOW you make the money.
You have to START with the right vehicle. You see, there are only
three reasons to be in any business (in order of priority):
1. CASH NOW: You want to make money now, not in three
years…not five years from now… not hopefully when you
“cash out” at some undetermined time “in the future. ” NOW!
2. CASH MONTHLY: It’s critical to have cash flow coming in on a
consistent basis to pay your bills and live comfortably.
3. CASH IN THE FUTURE: If you want can “cash out” and sell your
business for a ton of money some time in the future, that’s
fantastic.
These are the only three reasons to have a business, unlike what
others want you to believe: the government believes that the purpose
of a business is to pay for taxes, the unions believe that the purpose of a business is to provide jobs to the community, and some entrepreneurs believe that the purpose of a business is to provide jobs for themselves. Bullshit.
The purpose and of a business is NOT to provide jobs or support your
employees. If you do, that’s nice, but it’s a side benefit. The purpose of
a business is so that you can make your F.U. Money. Very simple. If you help people make a living along the way, wonderful. But that’s not the purpose. The purpose of the business is to support YOU—to make you RICH. That’s the only purpose.
ASSIGNMENTS:
1. What’s the most you can make at what you currently do?
3. Could it be that your business is just another job where you
happen to be the boss?
2. How much do you need to invest to get started?
4. Does your business provide more income than you need to
live comfortably and buy the things you want?
5. Is what you’re currently doing worth all the time you’re
putting into it?
7. If you can’t work, will your income keep coming in?
(very, very important)
6. Does it have a prayer of making your F.U. Money?
It’s critical that you take a few minutes and answer these questions.
Once you have, next determine WHAT your business will be.
》NEXT》 CLICK
BUILD YOUR BUSINESS AROUND YOUR
LIFESTYLE PREFERENCES
The U.S. government sends one of their agents to a Native American
tribe to convince them to go to school and get jobs so their society will
be better off.
The agent figures out that he has to go “top down” and talk to the
chief to get him on the program. If he can get the chief on board, then
everyone else will follow.
“Chief, we’ll get you into a great college or trade school,” he says.
“We’ll pay for it, pick you up in the morning, drop you off, pick you up
after school, and drop you back here. We’ll get you a tutor, make sure
you get good grades, graduate, and get a good education.”
The chief asks, “Why would I want to do that?”
“Well, because then we can get you a good job and you can work
for a good company.”
The chief asks, “Why would I want that?”
“Well, because then we can drive you to work, pick you up if
necessary, give you a nice suit to wear…you can start working at a good job and make a salary.”
The chief asks, “But why would I want that?”
“Because if you get a good job and work for a good solid company
for forty years, you get to retire.”
The chief asks again, “But why would I want that?”
“Well, because then, when you retire, you can do whatever you
want for the rest of your life.You can sleep if you want to, you can hunt,
you can fish….”
The chief says, “But I am DOING THAT RIGHT NOW.”
It’s one thing to make money—and it’s another thing to make
money and operate on your own terms. They are two different things.
If you ever intend to make your F.U. Money, you first must put yourself
in a position to do so. If you’re gonna spend your time doing something that has absolutely ZERO chance of making you F.U. Money, what is the only outcome? You’re not gonna make it.
Unfortunately, that’s exactly what most people do when they get into business for themselves. Look at the kind of businesses
they get into: they buy expensive franchises,
they open a restaurant, they become a
manufacturer, they open a retail store.
They invest a lot of money, time, and
effort, taking unnecessary risks and piling on
grief so they can go make a little bit of money,
swapping hours for dollars. Why? Because
they think that’s the way they’re supposed to
do it. They were not taught any different.
Since they’re in control, they think that’s the path to F.U. Money,
when all they’ve really done is swapped one job for another, one crazy
boss for another. It’s stupid.
MONEYISM #60: It’s not just HOW MUCH money you make, it’s
HOW you make the money.
You have to START with the right vehicle. You see, there are only
three reasons to be in any business (in order of priority):
1. CASH NOW: You want to make money now, not in three
years…not five years from now… not hopefully when you
“cash out” at some undetermined time “in the future. ” NOW!
2. CASH MONTHLY: It’s critical to have cash flow coming in on a
consistent basis to pay your bills and live comfortably.
3. CASH IN THE FUTURE: If you want can “cash out” and sell your
business for a ton of money some time in the future, that’s
fantastic.
These are the only three reasons to have a business, unlike what
others want you to believe: the government believes that the purpose
of a business is to pay for taxes, the unions believe that the purpose of a business is to provide jobs to the community, and some entrepreneurs believe that the purpose of a business is to provide jobs for themselves. Bullshit.
The purpose and of a business is NOT to provide jobs or support your
employees. If you do, that’s nice, but it’s a side benefit. The purpose of
a business is so that you can make your F.U. Money. Very simple. If you help people make a living along the way, wonderful. But that’s not the purpose. The purpose of the business is to support YOU—to make you RICH. That’s the only purpose.
ASSIGNMENTS:
1. What’s the most you can make at what you currently do?
3. Could it be that your business is just another job where you
happen to be the boss?
2. How much do you need to invest to get started?
4. Does your business provide more income than you need to
live comfortably and buy the things you want?
5. Is what you’re currently doing worth all the time you’re
putting into it?
7. If you can’t work, will your income keep coming in?
(very, very important)
6. Does it have a prayer of making your F.U. Money?
It’s critical that you take a few minutes and answer these questions.
Once you have, next determine WHAT your business will be.
》NEXT》 CLICK
BUILD YOUR BUSINESS AROUND YOUR
LIFESTYLE PREFERENCES
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