Ways to Escape the Rat Race

If the pain of not escaping the rat race is worse for you than failing or discomfort or receiving flak from doubters, read this article.

Play with the building blocks in this article, and in the books you read, like the 4 Hour Work Week, Unscripted, and others.

If you simply had to raise cash, how would you do it? Write down every idea you can think of.  If your answer is to file for bankruptcy, go away.

Take inventory of current ventures, hobbies, investments, and all assets you own.  Where do you see each headed? What are competitors, consumers, and investors in each niche saying?  What are or did your advisors say that led to the purchase or venture in the first place?  Conduct a thorough SWOT and boundary spanning analysis for each venture, stock and asset.

Examine business ideas using the 5 Commandments (Need, Entry, Time, Scale, and Time).  Gauge the demand of each idea.  Zero competitors are probably a bad sign. Several profitable competitors you can beat or take market share from is a better sign.  Would you have a sufficient profit margin?

Eliminate holes in your buckets, people who will poison your well, and idle scoffers who want to bother you or elicit your plans.  Distance yourself from needy people, gold diggers, and starwmen.

Back to SWOT analysis.  What (special) advantages do you, your products, your customers, and companies you own shares of have?  Can these advantages be enhanced? Can these advantages be protected and / or will they work elsewhere?

Do you know your end users or customers?  Do you know when and where to reach them via advertising, to gain feedback, and to approach to be affiliates?

Study your competitors' products, services, sites, and advertisements.  What do they do that you can do?  What do they do you can leave out of your business?

How good of a salesperson are you? Can you determine if a potential employee or vendor is competent? You must have dictatorial control over your business.  Partner ships won't sail.

Read anything relevant to your venture and/or investments.  I'd weigh industry publications, academic journals in your field and the statements of people who have done what you intend to do much more than YouTube gurus or cable news.  Examine biases and possible biases in every source.  Does any expert your consult get paid if you fail or succeed? Are they objective.  Did a friend refer to some expert with hubris that seems really on target and he/she speaks from experience?

Can you handle the workload your venture requires?  What technology could you implement?

Can you stand to be isolated and criticized?  What problems do you and your business face?  Besides rags to riches stories, read riches to rags stories.

Ask yourself, what would you have to do to fail or not do to fail?  Then don't do it.

If you need to learn to code, but are leery of commitment to traditional colleges, see FALCE.

If you need a supportive inner circle that provides objective advice, accountability, and a sounding board for ideas, see the Black Book of the Master Mind series of books.

If you need more cash for a start up, see Fast Cash and Fast Cash 2 kindle eBooks.

How to Go From Rags to Riches 2020 edition

If you’re broke now because you’re just starting out or starting over, this article will help.

First, spend idle time productively.  You can search for jobs or learn to code or start researching your desired target field.


You can look at this post of 15 high paying jobs that don’t require a degree.  If you simply need cash in a hurry, see Fast Cash and Fast Cash 2.


I’d consider the big stuff first, whether it means reducing big expenditures or finding a job or listing 100 items on eBay or shutting out everything and learning to code.  (Start at YouTube to learn to code.)


There are a few rules of thumb I use and would suggest using to get started:

1)      Whatever it is, do it right the first time.  At least try.

2)      Luck is where preparation meets opportunity. Research your dream field now even if you have no start.

3)      Overtime will probably pay more than other activities.

4)      Don’t talk to and don’t be around unsupportive people that are tards or who don’t agree.

5)      Don’t even apply for rip off credit cards.

You know what belongs on your to-do list more than any personality online or on TV.  Make your to-do list and get to work on it.


Don’t celebrate or over-celebrate successes or milestones.  Read what MJ DeMarco has to say about “hyper reality” when you get the chance.  Avoid the strawmen, informants, and astroturfer types that may come around and sow seeds of confusion.


Advertisers can lie.


The work you do on and for yourself is good for you and makes you feel good.  Build on this by avoiding fast food.


Finally, try to understand the challenges and dilemmas your boss, customers, and your inner circle face and attempt to be supportive and reliable.


After several weeks of hard work and sacrifice, consider what you can do that relates to these 147 wealth building ideas.


No excuses. Good luck.

Is It Time to Explore Classic and Underground Books on Extreme Saving?

First, there's the classic Tightwad Gazette.

Then, there's Ragnar Benson's Eating Cheap.

And, Essentialism: The Disciplined Pursuit of Less.

Plus the old 200+ item list I had in the Financial Crisis of '08 is now here:  Save $1000 Per Month.

And a fresh, new, pro-humanity guide to retirement:  Poor Richard's Retirement.

And the mega-classic:  Cashing In on the American Dream.

If you want to quickly explore lower cost alternatives to college, see: Free and Low Cost Education.

In Lieu of an MBA can save you $30,000 ++ on MBA tuition. Grab a B-School synopsis. Unless you want to be a CPA.  Then you need an MBA.

Don't just read hundreds of ways to save.  Explore mindset and motivations to be a cash and cash flowing asset hoarder.

Color outside the lines if your heart so desires.

There's an older widely acclaimed minimalism book I read long ago.  I'll add that to this list when I remember it.

And remember, status is slavery!

Memes and Tweets 2019 - Jim Rohn, Nikola Tesla, Damian P

Reasons and a How-to Plan to Save Money

If you look at the page below, you'll find some easy and mostly painless money saving ideas.
A few of them most other bloggers wouldn't say.
There's an ad for How to Save $1000 per Month (eBook).  $1K per month will be updated in the next few weeks. Your copy will be updated at no cost to you.
People say lists of saving money [can be circumvented]. True enough.  But I could have head off the attack(s).
Look at this link and read the eBook if you want to LBYM enough to save $1K or more per month so you can make use of your PTO or better.

http://mastermind-university.com/easy-effective-painless-money-saving-ideas/

Need a Business Idea?

Maybe research some business/product ideas I like but am not going to execute any time soon.


https://businessideapunter.blogspot.com/

How to Make a Billion Dollars: Considerations for Making a Billion Dollars

I feel 3 of the 4 following articles are pretty good.  But my other blog is not indexed.

So for my subscribers that still want ten figures, this is for you:

https://excesscash.net/2017/09/12/how-to-become-a-billionaire-considerations-for-making-a-billion-dollars/

https://excesscash.net/2017/09/21/how-to-become-a-billionaire-part-2/

https://excesscash.net/2017/09/29/how-to-become-a-billionaire-part-3-considerations-for-becoming-a-billionaire/

https://excesscash.net/2018/05/30/considerations-for-becoming-a-billionaire-part-4/