Tag Archive for 'financial'

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’

01
May

Times are tough all over

My dad used to tell me that when I would start bitching about something. He would then prompt me to come up with a solution. That pearl of wisdom was usually followed with a resounding, “Life ain’t fair – get used to it.”

When I was a kid, everything was about being fair. Playing nice and sharing and following the rules were the orders of the day.

Recently I haven’t been posting much. It has caused us to drop from Alltop (which was my last post.) Mostly because I have been too busy to type anything up. Each of these posts take about two hours – in case you were wondering. Time spent here, isn’t time being spent on making money (I do this for free remember?)

As an update, the last 6 months have been spent on the planning on opening a restaurant and lounge. Growing up in and owning other businesses in the food industry gives me a pretty good head for this. We finally found a location I like and construction has begun. Unless the city or the neighbors get in the way, we should be up and bumping in a few months.

However, things aren’t as sunny at one of my other businesses. I have lost two employees. One employee left to work for another unrelated company for more money. Good for her. The other has left to work for one of my vendors. This pretty much means I will no longer be doing business with that vendor.

But that is not a problem, at least not for me. See, I have to hire new people. These new people are willing to work for half as much as I was paying these last two employees. That’s great right? Hell yes it is! That means I can get more done for half as much. The funny thing is, I let the interviewees tell me how much they wanted to make and they volunteered to work for that much. Continue reading ‘Times are tough all over’

08
Mar

Web sites to help you get your hustle going.

A Hustler is constantly evaluating their surroundings and the resources available to them. I have said before that if all you have is time, use that time to advance your hustle. I lived in a housing project near some agricultural drainage ditches. People would go down there to catch crawdads to make soup and other foods and then sell what they could make (even just sell the live crawdads at the flea market). I used to collect cans and bottles that people threw away to gather up some money. Whatever it is that surrounds you, take a look at it and figure out who doesn’t have it. Farrah Gray took rocks and sold them as door stops. He took extra lotions from around his house and mixed them together and sold them for extra money. Farrah Gray is a Hustler.

One thing that is pretty much available to anyone in the United States is Internet access. Coffee shops, libraries, Internet cafes, schools are all potential sources of computers with cheap or free internet access.

Now, you might not be able to charge folks to use these free computers (but if you can, I might have a job for you because that would mean you are on top of your sales hustle). Anyway, so you now have this incredible resource. Every day, people like you are making a few dollars to a few thousand dollars using the Internet. I have. I was making a few hundred dollars a month on eBay about 8 years ago spending about 4 hours a month posting items and mailing them out. I didn’t do anything special. I could probably start it up again if I wanted too, but it was boring. I make better money now doing things that are more fun for me – and isn’t that the real hustle? Continue reading ‘Web sites to help you get your hustle going.’

21
Dec

Go to where the food is!

Sam Kinison said it best -

“I’m like anyone else on this planet — I’m very moved by world hunger. I see the same commercials, with those little kids, starving, and very depressed. I watch those kids and I go, ‘Fuck, I know the FILM crew could give this kid a sandwich!’ There’s a director five feet away going, ‘DON’T FEED HIM YET! GET THAT SANDWICH OUTTA HERE! IT DOESN’T WORK UNLESS HE LOOKS HUNGRY!!!’ But I’m not trying to make fun of world hunger. Matter of fact, I think I have the answer. You want to stop world hunger? Stop sending these people food. Don’t send these people another bite, folks. You want to send them something, you want to help? Send them U-Hauls. Send them U-Hauls, some luggage, send them a guy out there who says, ‘Hey, we been driving out here every day with your food, for, like, the last thirty or forty years, and we were driving out here today across the desert, and it occurred to us that there wouldn’t BE world hunger, if you people would LIVE WHERE THE FOOD IS! YOU LIVE IN A DESERT! YOU LIVE IN A F**KING DESERT! NOTHING GROWS OUT HERE! NOTHING’S GONNA GROW OUT HERE! YOU SEE THIS? HUH? THIS IS SAND. KNOW WHAT IT’S GONNA BE A HUNDRED YEARS FROM NOW? IT’S GONNA BE SAND! YOU LIVE IN A F**KING DESERT! GET YOUR STUFF, GET YOUR SH*T, WE’LL MAKE ONE TRIP, WE’LL TAKE YOU TO WHERE THE FOOD IS! WE HAVE DESERTS IN AMERICA — WE JUST DON’T LIVE IN THEM, A**HOLES!” Continue reading ‘Go to where the food is!’

01
Dec

if you always do what you always did, you’ll always get what you already got.

I know the grammar is bad - but this is something I have heard from folks who get out of lockdown who want that clean new start on life. We know that they usually end up doing dirt again, and getting caught again, and the beat goes on.

But some of these people took the time to learn a trade, get educated or whatever. They were in a place where they were stripped of everything except time. Time was their only commodity. It was also their burden. So these people took the only thing that they had in abundance – time and used it to their advantage. They leveraged their time to organize their hustle.

While I work, and while I drive and even right now as I type this, I am learning something. At work, I listen to the radio (news, business, current events) and sometimes I listen to podcasts. Podcasts are like MP3s on different things (business, money skills and stuff like that). In the car I listen to books on CD or talk radio. At home I watch business oriented shows like The Big Idea, The Millionaire Inside, Big Spender (Larry Winget), Kitchen Nightmares (I have two food establishments). American Inventor, Suze Orman, Dragon’s Den and on and on. I watch TV that fills my mind with ideas and tools to make a difference in my financial life. I use a Tivo to capture these shows when I am away and watch them at my convenience.

You never know where inspiration will come from. You never know where you will find that next big idea. But I know that if you only fill your head with mind candy, all you will have is mental constipation. Continue reading ‘if you always do what you always did, you’ll always get what you already got.’