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J - Mo does know his stuff....

by peteinoz
8 replies
after reading this reply in another thread

Originally Posted by Jason Moffatt View Post

Selling all his stuff probably isn't the wisest move either because next month he's going to face the same type of problems.

The mortgage payment doesn't stop. Nor do the other bills.

I'd suggest he get some real skills and hone his craft. Let the house foreclose, move into a cheap apartment, and plug away until he's got it down. If that don't work, get a real job.

My point is, he got to this point for a reason. And even if he did get $10,000 all of the sudden, more then likely he'd be in the same scenario 3 months from now.

I'd be focusing on how to build some sustainable skills, not just getting a quick 10 G's.

However, if I were just trying to get a quick sum like that, I'd probably try to partner up with someone wealthy and make them a offer they couldn't possibly refuse and work my ass off for them.

I'd construct an amazing letter and pass that thing out to about 30 successful entrepreneurs offering my services for a fraction of the cost over a long period of time.

I wanted to reply in the original thread, but his message was passed over and I didnt want to reply to his post in that thread and mess it up..

Not that Ive read all or a lot of J-Mo's posts, I see he's got over 2k..

this one above truly shows he knows his stuff...

no marketing fluff..

honest to goodness information that, generally people do not want to hear.

Well said mate..

One of the best lessons I learn't going back a while now, was going bankrupt... you DO either learn or drown, I was one of the lucky ones who got the lessons that were thrown in my and my wife's face. I can tell you at the time it was not pretty.

Though have since never looked back.
now. no debt, (apart from investments) tons of properties, successful businesses, incredible family who gets to enjoy the fruits of this.

Some times you got to hit rock bottom, before you can get the lessons..

So many people sit just above it, to scared to get it. and suffer mediocrity as a result..

The point of this post is..

Sometimes you need to get the lessons yourself and not rely on others to get you out of the mess. Then all youve learnt is to get help. not the lesson that got you in the mess in the first place.

pete
#stuff
  • Profile picture of the author peteinoz
    This point is close to my heart, as it pains me when customers come to me, wanting a quick way to make cash because of XYZ

    Unfortunately there is no quick answer that they are looking for.

    Often its not about the money. More money in a bad situation just creates a bigger bad situation if the foundation is not set.

    One guy I employed was like this. He came to my company on a bigger salary package than he'd ever been on before.. He thought it was fantastic.. but every six months he'd come to me requesting a raise.. In simple terms, the more money he got, the more in debt he got into. Over and Over... I could see it clearly. You could pay this guy $1 Million per year and he would still be in debt.

    Thus its not about the money. Its about You. and your ability to manage it.

    Me? took me big lessons to learn the Value of a Buck.. Why do you think all or most Rich People are Tight Asses? because they get it about the value.... doesnt mean they do not spread it around with others. but they can share because they put value on a buck

    ok..

    I'll shut up now..

    Pete
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    • Profile picture of the author Andy Money
      How's this for a lesson? Don't get into financial trouble..? Easier said than done of course but in a lot of cases it is the person's own fault.
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    • Profile picture of the author Jason Moffatt
      What's up with all the kick ass J-Mo threads?

      Where do I send the checks?

      One thing I noticed in that thread was the guy had lived in the house his entire life. Once I thought about that, my thinking shifted a wee bit.

      That house may have history. His father may have built it. There are probably memories that only could be relived by drinking brewski's on the back porch. Obviously I'm speculating, but a house the you grew up in is worth much more then the sticker price.

      And while I still stick by the advice I gave for most occasions, I don't want anyone to think that I'm opposed to coming up with a quick scheme to get the dude out of his situation.

      The problems is...

      Even with that perfect scheme (I love that word scheme, it just sounds cool), most people just can't execute. That's why they work in book stores, like that dude. They can be brilliant, artistic, and smarter then the average Joe, but for some reason just can't pull the trigger and get the job done in the real sales world.

      And there's nothing wrong with that. Not everyone is cut out to be an entrepreneur, nor wants to be.
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      • Profile picture of the author Andy Money
        Originally Posted by Jason Moffatt View Post

        And there's nothing wrong with that. Not everyone is cut out to be an entrepreneur, nor wants to be.
        True. Plus I can't imagine being in a position where I had that kind of pressure of trying to make that much money, with no idea how to do it, all in that short period of a time. No matter how you cut it it isn't a great idea. Eh.
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        • Profile picture of the author Aj Wilson
          One of the best lessons I learn't going back a while now, was going bankrupt... you DO either learn or drown, I was one of the lucky ones who got the lessons that were thrown in my and my wife's face. I can tell you at the time it was not pretty.
          It's very true...

          Hitting Rock Bottom gives you a new perspective on things,
          opportunities to learn and experience things you would not get
          to do and learn if you just "made it big" out of the blue.

          Good example is people winning the lottery,
          Millionaires one day, sometimes broke asses the next.

          another way of looking at this is.

          If you want HOT water from a tap. How do you know it's HOT ...
          Unless you know what HOT is NOT?

          So in order to know and experience HOT water,
          you have to know and experience what COLD water IS.

          Then you've learnt which is which.

          If you want to know and experience great success,
          you have to know and experience NO Success! In order
          to know and experience what Great Success truly IS.

          "I have not failed, I've just found 10,000 ways that doesn't work" - Uncle Tommy Edison

          Stephen Pierce - Homeless, shot in the leg. - Now - Great Success.
          Tom Hua - Came to Australia, Homeless - slept on the street - Now - Great Success
          Ted Ciuba - Lived in a log cabin, broke as a joke - Now -Great Success
          Michael Cheney - $$$ in debt - Now -Great Success

          ...

          I could go on for ages.

          These guys have learnt and experienced what Great Success is NOT,
          and now they know and experience, what Great Success IS.

          Everyone's got their own little stories and it's comforting to know,
          that It's All Just A Process.

          and as Pete says, it's those that arent scared shitless that separates
          themselves from the mediocre.

          So if you're broke, in debt, struggling, you're probably on the right track.
          You've probably learnt how to juggle the little money you have so when you
          do make it big, with TONS of cash, you will know how to manage it better...

          and keep more of it. make it work for you, instead of the other way round...
          and when you've finally had enough of struggling...

          make a change on your perspective of things.
          and realize that you have everything you need to be successful inside of you right now.

          Just kick back a few Jim Beams, pop a chill pill and party on and move forward ==>>

          Kool stuff Pete.
          "Chur Bro"
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          • Profile picture of the author Sweeney
            John Reese was almost in $100,000 of debt before he turned things around..

            Lessons learned from textbooks are the least painful,
            but life experiences are the best teachers.
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      • Profile picture of the author peteinoz
        Originally Posted by Jason Moffatt View Post

        What's up with all the kick ass J-Mo threads?

        Where do I send the checks?

        One thing I noticed in that thread was the guy had lived in the house his entire life. Once I thought about that, my thinking shifted a wee bit.

        That house may have history. His father may have built it. There are probably memories that only could be relived by drinking brewski's on the back porch. Obviously I'm speculating, but a house the you grew up in is worth much more then the sticker price.

        And while I still stick by the advice I gave for most occasions, I don't want anyone to think that I'm opposed to coming up with a quick scheme to get the dude out of his situation.

        The problems is...

        Even with that perfect scheme (I love that word scheme, it just sounds cool), most people just can't execute. That's why they work in book stores, like that dude. They can be brilliant, artistic, and smarter then the average Joe, but for some reason just can't pull the trigger and get the job done in the real sales world.

        And there's nothing wrong with that. Not everyone is cut out to be an entrepreneur, nor wants to be.

        Dude..

        are you seriously the same dude on video doing those prank calls??

        I'm thinking you are outsourcing your WF Posts to some smart dude or something

        Good point about the Family house..

        Though in my instance, it was the family stuff about money that I needed to get the lessons about resolved

        pete
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      • Profile picture of the author Roy Carter
        Jason - re: "Not everyone is cut out to be an entrepreneur, nor wants to be."

        Yeah, I think you're right. It took me a long time to learn that. My brother seemed to be happy tootling along in his 9-5 job and I always used to wonder, "doesn't he want more from life?"

        The thing that I found hard to deal with is that the answer to that question was actually, 'No'. He was and still is very happy working for the 'man', taking home a monthly pay check and being able to take his wife and kids on one holiday a year. He's always got a smile on his face and just loves his life exactly the way it is.

        Just 'cos I wouldn't settle for what some would consider a mediocre monthly income, doesn't mean that others aren't totally at ease with that.

        Go figure.
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