Reading Great Writers Helps Leading A Successful Life
You're now listening to Hack & Grow Rich with Shaahin Cheyenne and his co-host Bart Baggett. I discovered all the great inspirational writers during the turn of the century. People like Napoleon Hill, Andrew Carnegie's. I read the bio, I read you know people like Og Mandino, all these great, old-time, Did you like? Did you read the thinking where rich was that instrumental or? I did read Think and Grow Rich and I think it was it was pretty inspirational for me, you know, I'm not sure I agree with all the concepts in it now but back then it was exactly what I needed and I started reading up on that stuff. I started reading up on the New Age Movement. The self-development movement reading, Tony Robbins, and all these great people. And I was like, man, you know there might be a chance for me. So I took off.
Want To Master Amazon Selling? Teach It To Others…
The best way to learn something is to teach it. So if you're more experienced at selling on Amazon, you're going to spend some time helping the guy that's just coming on to the course, if you're just coming onto the course, you're going to learn. And then once you've learned a little bit, you're going to help the other guys, but you start building a network.
Why Time Is The Unreplenished Asset?
We talk about how to think not just outside the box but how to crush the box and create a lifestyle that you can be happy with by having more money, having more time, and knowing it's funny because I often tell people time is a new luxury. It doesn't matter if you have all the money in the world and you don't own your time, if you can't travel where you want, with who you want, doing what you want. If you can't stop what you're doing right now and go play football with your kid, hang out with your wife or your husband, or do whatever you want, you don't have freedom.
The Markets Are Moved By Human Emotion
And the one thing that I learned Bart from all of this and I think this is going to answer your question is that the markets are not based on much more than one thing and that element is human emotion. The markets are moved by emotion and they are not reasonable or logical. If they were reasonable or logical we would all figure it out. We would be like Jim Simmons who runs renaissance funds, who's one of the most intelligent guys I've ever heard of, who's got a fund that allegedly you know has never failed and made money year after year and you know he's one of the masters of quant trading. If you're not one of those guys and there's maybe a handful of those guys on the planet.
Planning Earn Outs Beyond Cash
I always tell people to look, if you can take cash off the table as much cash as you can get, my recommendation for amazon sellers is, if you get aggregators or if you get into a position where you can create a bidding war bidding frenzy like happens with a lot of our companies and brands that we sell.
Know Your Risk Number?
Like there is a risk. There's risk involved in each person has a different scale of the risk that they're willing to take and whether it's fighting, whether it's Covid, whether it's business, life, whatever risk is inherent and as a former fighter I went into it knowing I'm risking my health. Okay, I could have brain damage, I could get knocked out, could break a limb, could get stitches, could fracture my eye socket.
Does Personality Govern Your Wealth?
But as a personality type, wealth comes in all ways. Um, there's a great great guy named Roger Hamilton. We need to have him on the show. He has a wealth dynamics test and he uses some of these archetypes to explain the wealth and what's interesting about studying Edison or Oprah or Branson is they have different personality types and me being an expert on personality mostly through handwriting and NLP is that you know I originally thought oh personality type is how I get wealthy but when you meet people that are complete introverts and they're still wealthy it makes you think oh maybe it's the strategy, not another personality type.
Working On The Go – Freedom From Office Hours
Is that you always need people to captain the trains and to ride the boats and someone’s always got to drive the train and what that means is that the people that really want to build their lifestyle of freedom and with recurring revenue and using these algorithms and finding good mentorship and mentorship programs that they can be involved in to invest in their well-being but also invest in their personal development.
Plan For Life Prosperity, Not Probability
And the students that I have the ones that I can tell are going to succeed are the ones who don’t look at it like it’s a roulette table right. They don’t think like hey, I threw the little ball in the thing and it went around and landed on my number right. They look at it as I’m gonna hit this nail in the head until it goes in and if the hammer doesn’t work, I’m gonna use a sledgehammer. If that doesn’t work I’m gonna use a rock. Whatever it takes, I’m gonna get it done. Those are the guys that that make it.
Planning For Active And Passive Income
That’s cash flow positive real estate, great. More wealth is built in this country by real estate than than pretty much anything else right. You should have one one area of your business that’s you know in the stock market and then another area that pays you to work you know. If you’re still in the business of selling your hours which I know a lot of us have gotten out of but if you’re doing that and that’s the money that you’re bringing in for your rent, your family whatever that’s respectable. But you have those pillars.
From Disruption Bound To Boundary Less Creations
That the the first thing we tell people is don’t come to the table with an idea the best thing the best students the ones that succeed the most is the ones that have no idea what they’re going to sell and I’ll tell you why. Because by the way we don’t we don’t believe in building a better mousetrap and the world will beat its way to your door. That’s the old model right. That’s disruption marketing with.
The Thin Line Between Black And White Action
So there’s mixed messages and there’s vulnerabilities and if you know how to exploit those vulnerabilities you can win, which is why I oftentimes you know I get asked to talk about black hat tactics and grey hat tactics yeah you know white hat tactics and the fact is there’s nobody who is successful that just does everything strictly by uh TOS, you know terms of service you know we follow what they tell us to do.
The Power Of Your Charisma
That at the end of the day, what was Steve Jobs doing? What was Bill Gates did when he sat in that room creating all that code for windows? He was communicating with people. Steve Jobs was influencing people. So to bend reality you have to be unreasonable and you have to be able to have that power of influence which comes through what you very astutely observed charisma.
Smart Money Management
So you don’t want to always be thinking that you’re poor. I think you did a great thing. When the lady is like that’s 28 so her world, in her reality was 28 dollars is a lot of money. You could tell by the emotion of her voice but you don’t want your son thinking that. You don’t want to think that because that gives you a stuckness about things. It’s like risking money in a real estate transaction or the stock market.