Tag Archive for 'planning'

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’

29
May

You need to move forward to move up

The only person I have ever seen that didn’t have to follow this rule was Michael Jordan and Superman.

I talk to a lot of people about a lot of things. I just got back from an event where I spoke to a large group of people. It was a little intimidating; there were hundreds of people there. Most of them were highly educated professionals. They were the tops in their industry.

I got off stage and was greeted by their positive feedback, requests for personal consultations with their companies and general adoration of my grasp of the subject matter. I was feeling pretty good.

It took me almost two years to get that speaking gig. Since then (about two weeks ago) I have been offered two more bookings to speak – paid, all expenses covered for travel to cool locations. I have been offered a few paid consultation projects and even an offer to be a consulting partner on a new business venture. Continue reading ‘You need to move forward to move up’

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.’

07
Jan

Financing your business using the Stone Soup Strategy

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’