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Does creating a business teach you the "price" of money?
#26

Does creating a business teach you the "price" of money?

Cardguy, I did a hack job because I only wanted to address a few points.

Quote: (03-05-2014 11:14 AM)cardguy Wrote:  

But - my thinking is that just as learning 'game' makes you realise that pulling tail is easier than you imagined back in your 'blue pill' days. The same could be true for starting a business. Suddenly - you don't look at money as being a swap for time you have traded away. Or as a reward for experience in the same job or piling on the qualifications. You don't look at it is a small reward for pleasing the man and playing by the rules.

There is a couple lines of thinking.

One being a scarcity mindset which typically says there is limited resources and we need to do everything to make sure we don't lose what we have because it wil be extremely hard to get more if possible.

That opposite is called the abundance mindset. There are so much out there that all we have to do is put ourselves on the path to get it. This means losing something isn't a big deal because there is a ton more out there. We just have to take it.

"Red Pill" when it comes to pussy promotes abundance. There are a ton of women out there (abundance) and oneitis (scarcity) is bad.

I don't think owning a business will automatically give you an abundance look at the world if that is what you're asking. There are plenty of business owners who have a scarcity mindset.

I would say having particular skills in demand could give you an abundance look at the world. Money is there for the taking and if you have the right skills it is rather easy.

It isn't about owning a business.

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Instead - you realise that there is a shortcut which allows you to get access to rewards which for most people would not be available any other way.

No shortcuts which is why most people are w2 earners.

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My qualifications are pretty shitty. So I would fall into that category. I - like many others - will be stuck in average to middling jobs since my CV is nothing special. And it is easy to feel your station in life is fixed. But - starting a business (like learning 'game') is a way of freeing yourself from that mindset and enables you to capture more of the value you think you can create.

Develop skills that are in demand and the money will come to you. It takes time and consistent effort on your part. I truly believe anyone can do it if they really want it. At first, you won't get paid much which is the true test to if you really want it.

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To me that is a very 'red pill' way of thinking about shit. And a realisation that money (like pussy) isn't just something you have to beg for and hope falls into your lap. But instead is something you can plan to find and capture using your own hard work and skills.

It's pretty cool to make money out of thin air instead of someone else paying you for your time. Your boss is making money off of you so imagine what you would be making if you became the boss.

On a contract before I stopped doing that type of work had me in Kansas making 80+ and hour. I later found out they were charging 160 an hour for my services to this client.

Now think if you were my boss and sitting back making 80 an hour for every hour I worked while you did shit (you already got the contract with the client so the hard work is done). The company I got this contract from had about 5 other consultants in there making about the same hourly rates. I know a few were making a lot less than I was.


Most people think there is security in working for someone else. I say it is less secure whenever you rely on someone else for your day to day needs.
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#27

Does creating a business teach you the "price" of money?

Yeah - I probably do have a bad attitude.

I am not worried about my lack of education (in terms of worrying about how 'smart' I am). It is just that it holds you back from getting a foot in the door in alot of jobs. Particularly when the marketplace is flooded with people with great looking CVs.

And when you are not one of those people - the subtle message you start to absorb is that you are pretty much screwed.

Which is where starting your own business comes in as a nice alternative for those who don't have the inclination to suck dick for 20 years adding letters after their name.
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#28

Does creating a business teach you the "price" of money?

Saving for later reading

The lifestyle threads on this forum are excellent when you consider this is largely a game forum

Any good money/business related forums

valhalla
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#29

Does creating a business teach you the "price" of money?

@WestCoast - just curious. Is your main interest making money and learning skills which will help in that regard? You seem like a very focused person and I was just wondering if you get most of your enjoyment in life from working in areas which have a financial pay-off (with any enjoyment you experience being an added bonus). Or are you just concentrating on getting to a stage where you have enough money to retire early, and chill out and do other stuff?
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#30

Does creating a business teach you the "price" of money?

Sure.

1. I enjoy the work I do both the regular stuff and side businesses (plural) I run now
2. I view money as a video game I am just trying to make more and have fun doing it. I find the process of making money fun. I don't have a negative relationship with it.
3. I had a revelation last year that I am not a "chill out guy" I hate sitting still and doing nothing. If I want I can retire in a few countries recommended on this forum today. But I don't want to. I want to be the best me that I can be until my body is tired or it impacts my health. Then I will keel it back
4. I think anyone can make good money that's why I jump in a lot of these discussions because there is too much poverty mindset on the forum. Hence why I quickly repped Gringuito and anon123. You should be able to tell who is well off and who isn't... Listen to the ones who are well off
5. The skills I learn I am interested in. I do hobby stuff too, I like playing tennis but I am not gonna be the next Pete Sampras yaddidamean?
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#31

Does creating a business teach you the "price" of money?

Quote: (03-05-2014 01:47 AM)anonymous123 Wrote:  

- Yes, going in business for yourself is indeed the other red pill
- Yes, it will teach you the price of money for a while
- Yes, you will likely abuse money at some point
- Hopefully, you will get back to a place for the long haul where you get back to equating money with time and freedom (jury still out on me...but, I think this is where I'm at).

I'm wondering if we may know each other anon. I went through a very similar history with my first successful company. I went through the crazy phase of buying things I thought would make me happy. In the end money is just the flexibility to do what I want with whom I want. I have just as much fun if I'm hanging out with friends playing cards than our off the wall vegas parties....well almost.

I'm not sure I have more to add to what's already been said. I do remember when I was young being in the office of a bank asking for a loan. We were on the top floor of the building and could look out at the city below. The VP I was talking to said: All these people you see below are really working for me. They go to work and pay me a piece every month.

The Red Pill comparison seems obvious to me why it works for women and business. The Red Pill is seeing the world the way it is, not how we were taught or how we want it to be. I love being in business since your "feels" don't matter, what works for real is all that matters.
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#32

Does creating a business teach you the "price" of money?

Quote:Quote:

I do remember when I was young being in the office of a bank asking for a loan. We were on the top floor of the building and could look out at the city below.

The VP I was talking to said: All these people you see below are really working for me. They go to work and pay me a piece every month.

Great quote! I will store that one away.
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#33

Does creating a business teach you the "price" of money?

Being totally self-sufficient... living on your own and not relying on anyone for financial help teaches you about the value of money.
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#34

Does creating a business teach you the "price" of money?

Gringuito - I figured that you probably had similar views and experiences. That said, although I've been doing quite well...I have yet to knock an event big enough to pull down a jet! Boom! Nice work.
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