Thread: Sorry but Fast-laners Dont fill out 1099s

Had a conversation with a very cool, don't mess with Texas kind of guy. He saw I was reading Trumps "Think Like a champion" and a conversation about business blossoms. I let him know right off bat I'm in school for business/finance but I'm one of the few students at my college there for my own recon, I have no ambition to ever work for anyone again in life once I quit my current job. I told him about how Cash flow Quadrant changed my mentality back in the early 2000's and then again how communities like fastlane promote a rigid "Drivers seat approach" when it comes to business. I told him its important for me to control all of my systems and that I'm currently putting in footwork and have my investment team in place (lawyer,accountant,brokers,ins agents,bank managers,bus consultants/research teams ect ect)- pretty much standard stuff no matter if you are buying a 4-plex or a 4-billion dollar company. Even though I'm just starting out my mentality is like a neurotic Lawyer/Venture Capitalist I prefer abject innovative wealth creation because focusing on income and just making money is a dead end game and invites complaisance.

He lets out that he's independently wealthy and owns his own company. I'm thinking cool someone I could network with and would possibly want to invest with me in something new and innovative. He kept stressing that he could sell it for 10-15 times of what it was worth and that he turned down numerous jobs at JP Morgan, Goldman sacks ect ect because the head hunters couldn't promise him that type of ownership. He said in no more than 20 ways the importance of "owning your own business" I'm thinking he's on the same frequency level I'm on....drivers seat/B-I mentality. He ask me if I ever heard of Primerica...I told him the name is familiar and on my radar via CNBC/WAllstreet journal but I don't know anything about it except that Citigroup owns it....I didn’t know this but basically its AMway/Quixtar for the financial world....you all know where it went from there....he was enthusiastic by my motivation and ambition and wanted to "interview" me....i'm thinking... cool a mentor,joint venture or investing partner.....WRONG!!.....agent/representative(employee).......the whole time during his pitch I kept thinking about the "Drivers-Seat post". It was like he omitted everything I said and went into his sales pitch.

He was like we got one guy making 200K a month....I'm thinking my plan calls for 2 million+ month(starting out)....I finally asked him do you own Primerica or have an Equitable stake in it....he said NO but I own my own offices and have built my agnecy to were its made me financially independent I could sell it whenever I want to...... It was basically like a real estate broker offering me to work in his offices..but he dosn't own Keller Williams/Remax, just his franchise....or a McDonalds franchisee asking me to be shift manager....oh yeah and I was going to get rich through commissions like him...bottom line folks I'm not ranting against Primerica or any other company out there or even him....sounds like he had a plan and stuck to it...my gripe is the confusion people have of "making" money and "creating" wealth.

I love business/finance/economics and that’s why I absorb everything I can, and help anyone I can, but I cherish my TIME and FINANCIAL FREEDOM over all. Even though I have not attained full fruition of my goals yet, I see the payoff of sticking to my gut and following my own plans and passions and not someone elses. I am also fortunate for sites like these and books like "Richdad guide to investing" they focus on true wealth not only in the spiritual/astral sense but in the real world DOLLARS and CENTS and bottom line that means control over the asset, systems, trademarks, intellectual property, merchandising and licensing rights, financial parameters ect.ect......It's far more lucrative to gain the wisdom and wealth from building/bootstrapping a company from scratch than to just buy into one. Do you or your team fill out SS-4’s, compile and review your business plans from scratch,file articles or corporation/LLC/patent forms ect... or did you pay $199 to get a job and the company "took care" of everything else….most importantly will you be hosting your own millionaire mindset conferences/groups compiled of real INNOVATIVE millionaires/billionaires or do you have to pay to attend a motivational shlock-fest with wanna-bees “Independent Business Owners” “Regional Vice-Presidents” “Platinum/Diamond Members”…blah…blah..blah .

Basically true innovative fastlaners, B/I quadrant types should be building the next Primericas/Avons/Amways….GE’s…Microsoft’s…Standard Oils….ect.ect….NOT WORKING FOR THEM!!! Screw that crap about them teaching you valuable business skills....so does Listening and DOING....be willing to take a chance on your own pursiuts. Also don't buy into that "well you gotta start from somewhere"...submissive mentality....please let it be your own company on your terms. True this mind/life set is not for everyone but be weary of the posers out there......
Sorry but Fast-laners dont fill out 1099s

Again- 200K/month(some months) or 2,000,000,000+/month(exponentially growing)

Operation_OPM: Agree with you.

I see it like this: Some people are fit to be entrepreneurs, others as employees, others as franchise operators etc. We all have our own way of making big cash. You can make a hell of a lot as a very skilled employee too. Just as you can make a hell of a lot of cash as an entrepreneur and as a franchise operator. But you need the right mindset to make big money on the path taken. No matter what that path is.

I would have become a really broke guy if I would have taken the employee path because I suck at obeying authority. I mean, I really need to force myself to obey the tax man (so as to stay out of trouble).

When I was drafted for service in the military they spit me out the very first day. Actually, they spit me out in 10 minutes. The thing was, the first place for me to visit in the military was the psychiatrist. When she interviewed me she quickly came to the conclusion that I was impossible to have in the military. And read this: I "really wanted" to become one of the coastguard guys (the elite troops). I had even built up my physic so as to become accepted. But, boy, did I blow it on the mentality side. I was really crushed, seriously. I wanted to become one of the tuff guys. I had a dream as a 13 year old kid. That dream was to become an elite soldier and then advance to be a military captain. One of the commando types.

BUT if you don't have IT, then no number of wishes you have will come true nonthless.

I am not fit to be a follower. I try, but it always becomes a sad chapter for me. And I never make any money either. It ends up in me paying others for the opportunity to follow. What a waste. For both sides that is.