Archive for June, 2008

16
Jun

18 things a hustler needs to know how to do

Ok, for some of you this list is going to be a little basic or cover some ground that you have already covered. But lately I have been getting some emails and messages from folks who really did come up from the street or didnt have someone to teach them this stuff. Everyone has to start somewhere. So here are a few things you need to have a handle on before you can step up your game. 

  1. Give good advice.
    At some point, someone is going to ask your opinion about something personal. Short and sweet is the key. If someone tells you their wife is sleeping around or their kid is an asshole – they don’t want to hear a 2-hour lecture on your childhood (unless you are buying the beers). Give advice that helps in one or two sentences. If you can’t do that, then you haven’t thought about the question hard enough.

    Friend: “My wife is sleeping with my best friend. It is driving me crazy. What do I do?”

    You: “Anyone sleeping with your best friend is not your wife and anyone sleeping with your wife is not your best friend.”It may not be what they want to hear, but it is an irrefutable statement. It also may give them a new perspective to start from.

  2. Tell if someone is lying to you.
    Everyone has a theory. I like these: Liars change the subject quickly. Liars like to say “Honestly”, “Can you believe it?”, “You know you can trust me.” or swear you to secrecy. Liars will sometimes stare straight at you and employ a dead face. Liars place objects between themselves and you during a conversation. Forbes Magazine published a little on this too.
  3. Shake hands.
    Steady, firm, pump, let go. Use the time to make eye contact, since that’s where the social contract begins.
  4. Read some non-fiction.
    You may enjoy Stephen King or some other horror or romantic novels. But no one gets rich reading this stuff. Also in business company, these authors never come up. However, Larry Winget, Suze Orman, Seth Godin and authors like that – all the time.
  5. Not monopolize the conversation.
    When I was younger, I suffered from this affliction. You want to be heard. You want people to notice you. You take it from the fact that everyone around you is letting you talk because you are saying some smart stuff. The fact is the opposite. There is an old saying - “It is better to be quiet and be thought a fool, than to speak and remove all doubt.”
  6. Buy a suit.
    Avoid the $99 suit sales if you can. Know your style and what you need it for (work, funerals, court). Squeeze the fabric into a fist — if it bounces back with little or no sign of wrinkling, that means it’s good, sturdy material. And tug the buttons gently. If they feel loose or wobbly, that means they’re probably coming off sooner rather than later. The jacket’s shoulder pads are supposed to square with your shoulders; if they droop off or leave dents in the cloth, the jacket’s too big. The jacket sleeves should never meet the wrist any lower than the base of the thumb — if they do, ask to go down a size. Always get fitted. Labels aren’t that important until you start running with the $2,000 to $5,000 suit crowd – but fabric and patterns matter. Stay with the basic colors and patterns. Get creative with the shirt and tie. That’s where you add flavor. I found this video too.
  7. Talk out a fight or know how to throw a solid punch. Continue reading ‘18 things a hustler needs to know how to do’

01
Jun

panning for gold at work - making the most of your day job

Recently a reader asked a question. I was going to respond in thecomments but my last post was so weak that I thought you all deserved something a little better than my late night emotional digital outburst.

So the reader said that he wanted to know, as he develops into his carreer as a teacher, how to keep an eye out for a hustle that he could jump into and take advantage of.

Hustles present themselves to you every day, no matter where you are. They show up, hang around for a minute and pass on to the next guy if you failed to grab onto it.

I dig teachers. I have a bit of an envy for teachers which is probably why I set this blog up in the first place.

I have friend who is a teacher that got into real estate as his sideline hustle. He now owns a few houses hat he rents out. He isnt making a killing on the month to month. Each house only brings in a hundred bucks or so a month - but in 20 to 30 years they will be paid off and worth a few $100k each. I have another friend who is a professor at a pretty large university. He took his expertise to the next level and saw that an educational and theraputic tool used in the field hadn’t been changed in 50 years. He and I modernized it and made it cross cultural. He invested $25,000 and flipped it into $125,000 in a year. Continue reading ‘panning for gold at work - making the most of your day job’