Tag Archive for leverage-knowledge at Mind of a Hustler

Tag Archive for 'leverage-knowledge'

Jun

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

By The Hustler 0 Comments

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’

May

Times are tough all over

By The Hustler 3 Comments

Categories: Being a Hustler, Personal Notes and Procrastination Tags: Author Background, Being a Hustler, business, entrepreneur, entrepreneurial, entrepreneurs, entrepreneurship, financial, hustle, hustler, leverage knowledge, Personal Notes, Procrastination.

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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’

Mar

Web sites to help you get your hustle going.

By The Hustler 4 Comments

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.’

Jan

Financing your business using the Stone Soup Strategy

By The Hustler 11 Comments

I remember the first time I heard the story about stone soup. I was about 8 years old and it was a muppet story or something like that for kids on television. Even then I understood what was going on in the story. The two main characters used the only resources they had, their street smarts, to come up and get fed. For those who don’t know, here is the story:

Two travelers come to a village, carrying nothing more than an empty pot. Upon their arrival, the villagers are unwilling to share any of their food stores with the hungry travelers. The travelers fill the pot with water, drop a large stone in it, and place it over a fire in the village square. One of the villagers becomes curious and asks what they are doing. The travelers answer that they are making “stone soup”, which tastes wonderful, although it still needs a little bit of garnish to improve the flavor, which they are missing. The villager doesn’t mind parting with just a little bit to help them out, so it gets added to the soup. Another villager walks by, inquiring about the pot, and the travelers again mention their stone soup which hasn’t reached its full potential yet. The villager hands them a little bit of seasoning to help them out. More and more villagers walk by, each adding another ingredient. Finally, a delicious and nourishing pot of soup is enjoyed by all. Continue reading ‘Financing your business using the Stone Soup Strategy’

Dec

Defininition of a Hustler

By The Hustler 13 Comments

So, some of you regular readers (and there are a surprisingly amount of you) may have read this post from a few days ago. A gentleman who calls himself BaldChemist seemed to have a hard time understanding what I talk about here. He seems to think that I am obsessed with money and that being a Hustler is nothing to aspire to. He is wrong, in my opinion, on both points.

I think the issue may be a cultural one more than one based on intelligence or ignorance. I deal with many people in my day to day life that come from a great many countries. We also have readers from all over the world. I want them to understand exactly what we are talking about when we define what a Hustler is.

I am about to explain what a Hustler is to me. Continue reading ‘Defininition of a Hustler’

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