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A little over a year ago, a series of events led me to The Millionaire Fastlane and this forum. I was researching books on Amazon and TMF was recommended in the “Customer who bought this also bought this” section. Reviews were insane (and for good reason), so I had it sent to my Kindle. I read the book in three days and then jumped on the forum. Here is what I have learned from the book and the forum in my first year:
If You Haven’t Made Millions, You Don’t Know How.
I came to the forum thinking I knew how to make money. I was 30 years old and nowhere close to a million in net worth. I gave my advice (which is just another term for “my ignorant opinion”) on things I had no business talking about. When someone who did know what they’re talking about tried to give me advice, I shrugged it off like they were trying to screw with my master plan. It was the thread that JackEdwards posted about his diary of opening a new business that made me realize I had no clue about being an entrepreneur. Since then, I’ve literally told myself, “SHUT THE F&*% UP” so that I can actually soak up the advice people give me. It’s not until you admit you don’t know how to do something that you can start understanding how it’s done.
Most Ideas Are Worth Nothing.
A good idea in the hands of a person not capable of producing is worthless. It’s like giving a 3-month-old baby a handgun. An ordinary idea in the hands of a person capable of producing massively is priceless. It’s like giving a third degree black belt a broomstick. Pay attention to how successful people on this forum think. There was a thread a little while ago about a mobile pizza franchise and the whole ideas was dismissed in 30 seconds by a successful entrepreneur. A lot of people interested in the idea would have spent weeks of time or maybe wasted money pursuing this venture. To be quite honest, I still don’t think about business as clearly as I’d like, but pay attention to the reasons why these people say yes or no to a potential business. While doing this, pretend you have no idea what you’re talking about so you actually learn something.
Just Because You Don’t Like Working At A Job, Does Not Mean That You’re An Entrepreneur.
Some people complain about their mundane job, their horrible boss, their crappy pay, their horrible stress and their hate toward working a 9-5. I couldn’t agree more, but that alone doesn’t mean that you’re an entrepreneur. Maybe you’re just a crappy employee and a lazy a$$ that wants everything done for them. I played professional baseball and was a damn good pitcher. Considering there are 300 million people in America and less than 5,000 professional baseball jobs at any given time, I was in the top 99.998% of baseball players in the country. Being good at business has proved to be WAY harder than that. It’s not even close. If you can’t survive a 9-5, good luck growing a million dollar business.
Making Millions Is A Process, Not An Event.
MJ discusses this in TMF and on this forum. A lot of people who haven’t made millions in the past dismiss this because they feel as though they are the “chosen one.” They think that this only applies to “normal people” and think, “But I’m an entrepreneur.” I’d like to point out that this applies to something else as well. I’ve probably read about 25 books about business and personal development and I’m sure there are people that have read a lot more than I have. I was always looking for that one motivating quote, that one piece of advice, that one bulleted list of actions steps to take that pushed me over the ledge into piles of cash I don’t even know what to do with. That quote, that advice, that list… doesn’t exist. Quit searching for that one tiny thing that all of a sudden transforms you into Donald Trump. Anyone who says it was this one little thing that made them millions is forgetting to point out the other 10,000 things they learned from the books they’ve read and the failures and the successes they went through. Until we can download information into our brains like in The Matrix, learning is a process as well.
Nobody Cares About How Bad You’ve Had It
Don’t use your past as an excuse. Nobody cares how bad I’ve had it. Nobody cares that you grew up in a tough neighborhood or you’re homeless and 18. I feel bad for you, but I’m not going to write you a check. You have two options. One, keep complaining and stay where you are. Or two, do something to get out. One of the most annoying things about social media is that people complain too damn much. The next time I see a Facebook post that says, “I’m so sick of my job,” I’m going to vomit on my computer. If you’re so sick of it, then get off Facebook and go apply somewhere else.
(continued...)
If You Haven’t Made Millions, You Don’t Know How.
I came to the forum thinking I knew how to make money. I was 30 years old and nowhere close to a million in net worth. I gave my advice (which is just another term for “my ignorant opinion”) on things I had no business talking about. When someone who did know what they’re talking about tried to give me advice, I shrugged it off like they were trying to screw with my master plan. It was the thread that JackEdwards posted about his diary of opening a new business that made me realize I had no clue about being an entrepreneur. Since then, I’ve literally told myself, “SHUT THE F&*% UP” so that I can actually soak up the advice people give me. It’s not until you admit you don’t know how to do something that you can start understanding how it’s done.
Most Ideas Are Worth Nothing.
A good idea in the hands of a person not capable of producing is worthless. It’s like giving a 3-month-old baby a handgun. An ordinary idea in the hands of a person capable of producing massively is priceless. It’s like giving a third degree black belt a broomstick. Pay attention to how successful people on this forum think. There was a thread a little while ago about a mobile pizza franchise and the whole ideas was dismissed in 30 seconds by a successful entrepreneur. A lot of people interested in the idea would have spent weeks of time or maybe wasted money pursuing this venture. To be quite honest, I still don’t think about business as clearly as I’d like, but pay attention to the reasons why these people say yes or no to a potential business. While doing this, pretend you have no idea what you’re talking about so you actually learn something.
Just Because You Don’t Like Working At A Job, Does Not Mean That You’re An Entrepreneur.
Some people complain about their mundane job, their horrible boss, their crappy pay, their horrible stress and their hate toward working a 9-5. I couldn’t agree more, but that alone doesn’t mean that you’re an entrepreneur. Maybe you’re just a crappy employee and a lazy a$$ that wants everything done for them. I played professional baseball and was a damn good pitcher. Considering there are 300 million people in America and less than 5,000 professional baseball jobs at any given time, I was in the top 99.998% of baseball players in the country. Being good at business has proved to be WAY harder than that. It’s not even close. If you can’t survive a 9-5, good luck growing a million dollar business.
Making Millions Is A Process, Not An Event.
MJ discusses this in TMF and on this forum. A lot of people who haven’t made millions in the past dismiss this because they feel as though they are the “chosen one.” They think that this only applies to “normal people” and think, “But I’m an entrepreneur.” I’d like to point out that this applies to something else as well. I’ve probably read about 25 books about business and personal development and I’m sure there are people that have read a lot more than I have. I was always looking for that one motivating quote, that one piece of advice, that one bulleted list of actions steps to take that pushed me over the ledge into piles of cash I don’t even know what to do with. That quote, that advice, that list… doesn’t exist. Quit searching for that one tiny thing that all of a sudden transforms you into Donald Trump. Anyone who says it was this one little thing that made them millions is forgetting to point out the other 10,000 things they learned from the books they’ve read and the failures and the successes they went through. Until we can download information into our brains like in The Matrix, learning is a process as well.
Nobody Cares About How Bad You’ve Had It
Don’t use your past as an excuse. Nobody cares how bad I’ve had it. Nobody cares that you grew up in a tough neighborhood or you’re homeless and 18. I feel bad for you, but I’m not going to write you a check. You have two options. One, keep complaining and stay where you are. Or two, do something to get out. One of the most annoying things about social media is that people complain too damn much. The next time I see a Facebook post that says, “I’m so sick of my job,” I’m going to vomit on my computer. If you’re so sick of it, then get off Facebook and go apply somewhere else.
(continued...)
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