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Where I have been this time... and why I'm famous at Wells Fargo

Kak

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Thanks to everyone for continuing to follow my thread. I will continue to post updates as clearly y'all feel it provides a good value to you.

Lets continue about making lemonade out of nothing...

I like win win deals. They are really the foundation of capitalism. A voluntary exchange in which both parties feel they traded up. If you like a burger more than your $5, and Whataburger likes your $5 more than the burger they sell you, you took part in a capitalistic win-win exchange. I take this a step farther. Unless you have this win-win nature to whatever deal you are getting involved in, it will not last. When one party is doing a favor for another, arrangements like that are not built for the long haul.

Employees can also be an example of this sort of deal. Win for them because they get to trade their time for a value they agree is a worthwhile amount and you get to trade money for what you consider is a worthwhile resource.

Three weeks ago my lobbyist brought to my attention that a very well connected figure in the area just lost election and was looking for work. Not only could he pick apart the local bureaucracy better than just about anyone I could think of, he was hungry for some consulting work. Heck yes. Set up the meeting.

We all sit down for the meeting and he is super interested in working for us and wants me to "send him a proposal". Well, at the same time, I really don't want to pay top dollar for yet another resource. This guy wasn't going to take some commission deal either. This crap is getting expensive, and I am enjoying banking some of this at this point. Another 10 grand per month sounds sucky, but he is a good bet.

Throughout the meeting the guy was bringing up an use for our technology that no one had ever thought of. He kept driving home how big of an opportunity it would be in this role and how he could sell it in this role in his sleep. My partner and I were rolling our eyes at this crap because everyone has something to say about their big ideas, but they want you to carry it out.

After the meeting my partner and I had a few cups of coffee and discussed the strategy that this potential new hire came up with. We loved it, but the thought of paying another consultant had us weighing whether we wanted to focus efforts locally or not.

Then I had the idea I call turning nothing into lemonade. The deployment idea that he had. He was super excited about it. He kept going on and on about how great of an idea it was for this specific role. I said, why don't we feed his ego and multiply our winnings here. I decided to form an entirely new company. One which took that new idea he loved so much and made it its own company. Remember, we weren't even going to attempt this 4 hours earlier. We had never even heard of this use, but it did look like an opportunity.

We proceeded to draft our proposal giving him a 20% stake in the new company in exchange for representing our interests across the board. We would provide the operations aspect for the new company. Sliding this over to him this morning about made his jaw hit the floor. I said, we think you would be a valuable addition to the team and this was the best way we could come up with to make you rich. This is a nice chunk of stock that will pay distributions, and be a great retirement when we liquidate. He agreed and said where do I sign?

This is a glowing example of creating something out of nothing. I pay exactly nothing for this. Not only did we retain the help of this resource, we made him extremely happy. I also took home 80% of the stock in an entirely new company, one that we have a built in salesman and already built out operations.

Win-Win
 
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jpanarra

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Thanks to everyone for continuing to follow my thread. I will continue to post updates as clearly y'all feel it provides a good value to you.

Lets continue about making lemonade out of nothing...

I like win win deals. They are really the foundation of capitalism. A voluntary exchange in which both parties feel they traded up. If you like a burger more than your $5, and Whataburger likes your $5 more than the burger they sell you, you took part in a capitalistic win-win exchange. I take this a step farther. Unless you have this win-win nature to whatever deal you are getting involved in, it will not last. When one party is doing a favor for another, arrangements like that are not built for the long haul.

Employees can also be an example of this sort of deal. Win for them because they get to trade their time for a value they agree is a worthwhile amount and you get to trade money for what you consider is a worthwhile resource.

Three weeks ago my lobbyist brought to my attention that a very well connected figure in the area just lost election and was looking for work. Not only could he pick apart the local bureaucracy better than just about anyone I could think of, he was hungry for some consulting work. Heck yes. Set up the meeting.

We all sit down for the meeting and he is super interested in working for us and wants to "send him a proposal". Well, at the same time, I really don't want to pay top dollar for yet another resource. This guy wasn't going to take some commission deal either. This crap is getting expensive, and I am enjoying banking some of this at this point. Another 10 grand per month sounds sucky, but he is a good bet.

Throughout the meeting the guy was bringing up an use for our technology that no one had ever thought of. He kept driving home how big of an opportunity it would be in this role and how he could sell it in this role in his sleep. My partner and I were rolling our eyes at this crap because everyone has something to say about their big ideas, but they want you to carry it out.

After the meeting my partner and I had a few cups of coffee and discussed the strategy that this potential new hire came up with. We loved it, but the thought of paying another consultant had us weighing whether we wanted to focus efforts locally or not.

Then I had the idea I call turning nothing into lemonade. The deployment Idea that he had. He was super excited about it. He kept going on and on about how great of an Idea it was for this specific role. I said, why don't we feed his ego and multiply our winnings here. I decided to form an entirely new company. One which took that new idea he loved so much and made it its own company. Remember, we weren't even going to attempt this 4 hours earlier. We had never even heard of this use, but it did look like an opportunity.

We proceeded to draft our proposal giving him a 20% stake in the new company in exchange for representing our interests across the board. We would provide the operations aspect for the new company. Sliding this over to him this morning about made his jaw hit the floor. I said, we think you would be a valuable addition to the team and this was the best way we could come up with to make you rich. This is a nice chunk of stock that will pay distributions, and be a great retirement when we liquidate. He agreed and said where do I sign?

This is a glowing example of creating something out of nothing. I pay exactly nothing for this. Not only did we retain the help of this resource, we made him extremely happy. I also took home 80% of the stock in an entirely new company, one that we have a built in salesman and already built out operations.

Win-Win

I have no words... This was brilliant...
 

MJ DeMarco

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Sorry to bust your balls but this is the most pathetic self-defeating post I've read on the forum in a long time.

Are you serious or is this just trolling?

I am 42, divorced with 3 kids - 2 of them on a different continent and one same continent but different country (she is adult and moved to London).

I am also in a long term relationship (not legally married but close enough).

I see my 2 younger kids on another continent every month. I see my oldest every couple of months.

I have a good relationship at home.

And yet I somehow find the time to run a couple of different businesses.

Is it tough sometimes?

Hell yes.

But I'm also not a pussy and conceding to a life of F*cking mediocrity.

FEATURED POST! I swear in the last 24 hours I've featured 4 posts ... ya'll are churning out some good ones!


We would provide the operations aspect for the new company.

Do mind saying what this is? Operations, like manufacturing, office space, marketing ??

Thanks for the update KAK!
 
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Kak

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FEATURED POST! I swear in the last 24 hours I've featured 4 posts ... ya'll are churning out some good ones!




Do mind saying what this is? Operations, like manufacturing, office space, marketing ??

Thanks for the update KAK!

Basically providing what he's selling.
 

Kak

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You're killing me! If your businesses don't work out, may I suggest a career in authoring suspense novels? Haha

I apologize for leaving everyone hanging. I personally think I write like crap. When it comes to typing stuff up I am far more "get it done" than "make it perfect".
 

Kak

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I don't know why, but this thread made me think of a movie I saw a while ago called "War Dogs".

It's a true story about 2 stoner kids who landed a 300 million dollar deal with the Pentagon, and the nightmare that they had to go through to make it all work. Most of the problem came from finding a supplier (just like it did for you).

I'm usually not the type of person to watch/recommend a MOVIE, but I watched this one, and it was pretty good. I'm recommending it more so based on the fact that it is a true story, and it might teach you guys about the level of motivation required to make deals like this go through.

Also, the main character in the movie is Efraim Diveroli. I actually contacted the real life Efraim after watching the movie, and learned a little about how to land government contracts, so at least I got something out of it.

Anyways, if you get a chance, maybe you should check it out.

P.S. It doesn't exactly all work out for them, so take it all in with a grain of salt.

That was a really good movie! Must agree. A lot of hard crap to go through and problems to think through. Just like Wolf of Wall Street, awesome movie, but please don't take this as an endorsement for dirty deals.
 
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Vigilante

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I wish these people could read your 11:30PM text messages. They're the reason we're friends. They entertain me.

The last one I received?

"winning. it never gets old"

along with a photo of a legal battle he just won without ever having to spend a dollar.

HE JUST WON A LEGAL BATTLE WITH ONE WELL WORDED EMAIL.

And his adversary is sending him a check.

And he expected his adversary to send him a check.

================================================================================================

I am convinced that winning is a state of mind. See, KAK lost his Dad at a young age. He doesn't have anyone to hold his hand, to answer his questions, or to stick a boot to his a$$. He's had to figure it out for the most part on his own. He walks into every single deal expecting to win. He walks into every single deal expecting to profit. He walks into every single deal bigger than life. Those of you who haven't met him might not realize he's under 30 years old. He inherited some money, but refuses to touch it. Don't ask him to invest in you, because he invests in HIM. Everything he "has" he made. He made it the old fashioned way, by scrapping for it.

KAK BTW your answer to MJ is nonsensical. It didn't answer the question. Is it a product? A service? Is he repping your existing product?

He has a passive income business he created that throws off six figures annually to pay his living expenses and he works about 10 minutes a week on it. He has another trading company that does six figure deals (monthly?). He has a third development project that he's been working on for years now. He's courted by local politicians, and his family is a huge donor to philanthropic organizations.

You wouldn't be impressed with his car, or his house. And... he doesn't give a F*ck. He doesn't live to impress you.

He started his passive income business with a few thousand dollars. He reinvested the profit in the business, creating a snowball effect. You could do the same thing. If you can't come up with a few thousand dollars in the next several months, then you are wasting your time on this forum. You can start with zero and get a few thousand dollars saved up through hustling over the next few months.

KAK expects to win. He lives below (well below) his means. He lives his life in the fast lane from an attitude standpoint, and the world rewards him because the world likes to associate with winning. Life has given him some shitty hands, but he stayed at the table anyway and he's walking away winning.

My wish for his readers is that they grab onto his EXPECTATIONS. He wins because he expects to win. He wins the little things, the medium sized things, and the F*cking hard things. He wins the hard things because he works harder, smarter, and with more tenacity than anyone else does.

And at the end of the day, I have told him... that his Dad would be proud of him. And he is here leaving the occasional bread crumb trail for those of you smart enough to invest in understanding through the stories he has told how you can adopt the mindset of winning.
 
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Scot

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I wish these people could read your 11:30PM text messages. They're the reason we're friends. They entertain me.

The last one I received?

"winning. it never gets old"

along with a photo of a legal battle he just won without ever having to spend a dollar.

HE JUST WON A LEGAL BATTLE WITH ONE WELL WORDED EMAIL.

And his adversary is sending him a check.

And he expected his adversary to send him a check.

================================================================================================

I am convinced that winning is a state of mind. See, KAK lost his Dad at a young age. He doesn't have anyone to hold his hand, to answer his questions, or to stick a boot to his a$$. He's had to figure it out for the most part on his own. He walks into every single deal expecting to win. He walks into every single deal expecting to profit. He walks into every single deal bigger than life. Those of you who haven't met him might not realize he's under 30 years old. He inherited some money, but refuses to touch it. Don't ask him to invest in you, because he invests in HIM. Everything he "has" he made. He made it the old fashioned way, by scrapping for it.

KAK BTW your answer to MJ is nonsensical. It didn't answer the question. Is it a product? A service? Is he repping your existing product?

He has a passive income business he created that throws off six figures and he works about 10 minutes a week on it. He has another trading company that does six figure deals (monthly?). He has a third development project that he's been working on for years now. He's courted by local politicians, and his family is a huge donor to philanthropic organizations.

You wouldn't be impressed with his car, or his house. And... he doesn't give a F*ck. He doesn't live to impress you.

He started his passive income business with a few thousand dollars. He reinvested the profit in the business, creating a snowball effect. You could do the same thing. If you can't come up with a few thousand dollars in the next several months, then you are wasting your time on this forum. You can start with zero and get a few thousand dollars saved up through hustling over the next few months.

KAK expects to win. He lives below (well below) his means. He lives his life in the fast lane from an attitude standpoint, and the world rewards him because the world likes to associate with winning. Life has given him some shitty hands, but he stayed at the table anyway and he's walking away winning.

My wish for his readers is that they grab onto his EXPECTATIONS. He wins because he expects to win. He wins the little things, the medium sized things, and the F*cking hard things. He wins the hard things because he works harder, smarter, and with more tenacity than anything else does.

And at the end of the day, I have told him... that his Dad would be proud of him. And he is here leaving the occasional bread crumb trail for those of you smart enough to invest in understanding through the stories he has told how you can adopt the mindset of winning.


<Slow clap/>

If something like this doesn't make tovate you to go do something.. nothing will.
 

StompingAcorns

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I apologize for leaving everyone hanging. I personally think I write like crap. When it comes to typing stuff up I am far more "get it done" than "make it perfect".
To the contrary, you're a much better writer than you realize. :)
 
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Kak

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KAK BTW your answer to MJ is nonsensical. It didn't answer the question. Is it a product? A service? Is he repping your existing product?

I apologize.

We already have the technology, the hardware, the software, the infrastructure, the manpower... We are going to set him up with basically our pre-built ecosystem, slightly tweaked, simplified and then lined up at his proposed use. He does the heavy lifting by plugging it to the potential customers nationwide. We make it all work when he sells something (which is like 3 phone calls). The good thing is, he will have their respect enough to make them all take his call. In contrast, none of these people would know who I am or give a crap.

He is going to represent ALL of our interests. The new company and the existing.

@Vigilante you are making me look good. I can assure everyone here it isn't a fairytale, but I certainly have some fun. I wouldn't have gotten where I am without the mental a$$ kickings I have gotten from you over the years.
 

Vigilante

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I apologize.

We already have the technology, the hardware, the software, the infrastructure, the manpower... We are going to set him up with basically our pre-built ecosystem, slightly tweaked, simplified and then lined up at his proposed use. He does the heavy lifting by plugging it to the potential customers nationwide. We make it all work when he sells something. The good thing is, he will have their respect enough to make them all take his call. In contrast, none of these people would know who I am or give a crap.

@Vigilante you are making me look good. I can assure everyone here it isn't a fairytale, but I certainly have some fun. I wouldn't have gotten where I am without the mental a$$ kickings I have gotten from you over the years.

Kind of like if you had an app, and someone came along with a brand new way to deploy your existing app to a whole new customer base with a new application. He takes what you have, puts it into his contacts, and you make money with your existing technology by him bringing it to a new use... and everyone makes money. He even gets an equity position in NewCo without having any skin in the game to date. Everyone wins.
 
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Ronak

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I like it. For all intents and purposes, there's no difference between a 20% commission and a 20% partnership in the early stage, but partner sounds infinitely better to the other side.

Does he have the cash to put food on the table and pay his mortgage in the meantime? I'd imagine a non entrepreneur would lose motivation pretty fast without at least some cash coming in.


Thanks to everyone for continuing to follow my thread. I will continue to post updates as clearly y'all feel it provides a good value to you.

Lets continue about making lemonade out of nothing...

I like win win deals. They are really the foundation of capitalism. A voluntary exchange in which both parties feel they traded up. If you like a burger more than your $5, and Whataburger likes your $5 more than the burger they sell you, you took part in a capitalistic win-win exchange. I take this a step farther. Unless you have this win-win nature to whatever deal you are getting involved in, it will not last. When one party is doing a favor for another, arrangements like that are not built for the long haul.

Employees can also be an example of this sort of deal. Win for them because they get to trade their time for a value they agree is a worthwhile amount and you get to trade money for what you consider is a worthwhile resource.

Three weeks ago my lobbyist brought to my attention that a very well connected figure in the area just lost election and was looking for work. Not only could he pick apart the local bureaucracy better than just about anyone I could think of, he was hungry for some consulting work. Heck yes. Set up the meeting.

We all sit down for the meeting and he is super interested in working for us and wants me to "send him a proposal". Well, at the same time, I really don't want to pay top dollar for yet another resource. This guy wasn't going to take some commission deal either. This crap is getting expensive, and I am enjoying banking some of this at this point. Another 10 grand per month sounds sucky, but he is a good bet.

Throughout the meeting the guy was bringing up an use for our technology that no one had ever thought of. He kept driving home how big of an opportunity it would be in this role and how he could sell it in this role in his sleep. My partner and I were rolling our eyes at this crap because everyone has something to say about their big ideas, but they want you to carry it out.

After the meeting my partner and I had a few cups of coffee and discussed the strategy that this potential new hire came up with. We loved it, but the thought of paying another consultant had us weighing whether we wanted to focus efforts locally or not.

Then I had the idea I call turning nothing into lemonade. The deployment idea that he had. He was super excited about it. He kept going on and on about how great of an idea it was for this specific role. I said, why don't we feed his ego and multiply our winnings here. I decided to form an entirely new company. One which took that new idea he loved so much and made it its own company. Remember, we weren't even going to attempt this 4 hours earlier. We had never even heard of this use, but it did look like an opportunity.

We proceeded to draft our proposal giving him a 20% stake in the new company in exchange for representing our interests across the board. We would provide the operations aspect for the new company. Sliding this over to him this morning about made his jaw hit the floor. I said, we think you would be a valuable addition to the team and this was the best way we could come up with to make you rich. This is a nice chunk of stock that will pay distributions, and be a great retirement when we liquidate. He agreed and said where do I sign?

This is a glowing example of creating something out of nothing. I pay exactly nothing for this. Not only did we retain the help of this resource, we made him extremely happy. I also took home 80% of the stock in an entirely new company, one that we have a built in salesman and already built out operations.

Win-Win
 

Kak

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He's a great writer

and a shitty driver

a**hole

Kind of like if you had an app, and someone came along with a brand new way to deploy your existing app to a whole new customer base with a new application. He takes what you have, puts it into his contacts, and you make money with your existing technology by him bringing it to a new use... and everyone makes money. He even gets an equity position in NewCo without having any skin in the game to date. Everyone wins.

I'd say it was win-win, but it doesn't get much better than leaving a negotiation gaining 80% in a new company and an expensive resource in exchange for a 10 cent piece of paper with my signature on it.
 

Ronak

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I wish these people could read your 11:30PM text messages. They're the reason we're friends. They entertain me.



HE JUST WON A LEGAL BATTLE WITH ONE WELL WORDED EMAIL.

And his adversary is sending him a check.


Would love to hear more about this!
 
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Kak

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Would love to hear more about this!

Meh.. Its boring.. I still might sue them too so Im not going to post it here right now. I'll accept their check as a payment, but by sending it they prove my case further. They acted in bad faith.
 

Vigilante

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a**hole



I'd say it was win-win, but it doesn't get much better than leaving a negotiation gaining 80% in a new company and an expensive resource in exchange for a 10 cent piece of paper with my signature on it.

He wins too. Not everyone is a creator. Hand someone existing technology and infrastructure they don't need to pay for, and 20% of an entity they didn't build... win/win. He manufactures money for everyone. A lot of my businesses used other people's infrastructure and their owned assets. I harnessed them and made money for everyone, and was content for a piece of the pie as I recognized I didn't own the assets I was using to make money. Varying degrees of risk get varying degrees of reward.
 
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Ronak

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He wins too. Not everyone is a creator. Hand someone existing technology and infrastructure they don't need to pay for, and 20% of an entity they didn't build... win/win. He manufactures money for everyone. A lot of my businesses used other people's infrastructure and their owned assets. I harnessed them and made money for everyone, and was content for a piece of the pie as I recognized I didn't own the assets I was using to make money. Varying degrees of risk get varying degrees of reward.

Yes, many people talk about OPM (Other People's Money), but the concept goes beyond just cash-- you can leverage all sorts of resources-- technology, sales teams, infrastructure, customer lists, brand names (Licensing is another perfect example of this). The sky is really the limit!

I once approached a company and showed them how they could leverage an existing asset to make more money, and got a nice cut for making it happen. I just wish I did it more often...
 

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I apologize.

We already have the technology, the hardware, the software, the infrastructure, the manpower... We are going to set him up with basically our pre-built ecosystem, slightly tweaked, simplified and then lined up at his proposed use. He does the heavy lifting by plugging it to the potential customers nationwide. We make it all work when he sells something (which is like 3 phone calls). The good thing is, he will have their respect enough to make them all take his call. In contrast, none of these people would know who I am or give a crap.

He is going to represent ALL of our interests. The new company and the existing.

@Vigilante you are making me look good. I can assure everyone here it isn't a fairytale, but I certainly have some fun. I wouldn't have gotten where I am without the mental a$$ kickings I have gotten from you over the years.

So it's kind of like a franchise deal?

Congrats on the hustle btw
 

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So it's kind of like a franchise deal?

Congrats on the hustle btw

No. nothing like that. Imagine if you invented a rubber duck and you intended to sell them a as shooting targets. Then someone came along and suggested they could sell your rubber duck as a kids bath toy. So you signed a deal with them to let them market your rubber ducks as a bath toy while you kept selling them to a different customer base as a shooting target. Same product, new use.
 
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Turn this into a poster and I'll be your first customer.
Sorry to hijack here. This reminds me of a chapter in a book titled "don't be a little bitch".

Pretty much sums up how amazing kak is. He sees it and goes for it, no second guessing or crying about what 'might' happen. Keep killing it!!!
 

Kak

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Sorry to hijack here. This reminds me of a chapter in a book titled "don't be a little bitch".

Pretty much sums up how amazing kak is. He sees it and goes for it, no second guessing or crying about what 'might' happen. Keep killing it!!!

I love the 'coffee is for closers' advice we shovel on all the bitches here at the fastlane forum.
 
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ZeroExile

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That's honestly ridiculous of Wells Fargo that with all that contact they wouldn't cancel it and making it expire sooner was mentioned way later than it should have. They would have saved their employees time and money if they just complied earlier and both parties would be happy.
 

randomnumber314

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Every time I return to the forum I get blown away by threads like this.

@Kak Often I'll meet someone (i think) who's similar to you and be a little shocked to learn we look at things pretty much the same way. BUT, I have nothing comparable to your success. I think it has to do with which thing we both walk away focused on

If it's possible, could you drop an example of what catches your attention? Sorry to ask about 'teaching me how to think,' I just get lost in the difference of focus.
 

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Every time I return to the forum I get blown away by threads like this.

@Kak Often I'll meet someone (i think) who's similar to you and be a little shocked to learn we look at things pretty much the same way. BUT, I have nothing comparable to your success. I think it has to do with which thing we both walk away focused on

If it's possible, could you drop an example of what catches your attention? Sorry to ask about 'teaching me how to think,' I just get lost in the difference of focus.


I can't really put in to words what specifically I look for. If it isn't high velocity it's high margins. If it isn't high margins it's high velocity. If it isnt either of those, it's some interesting tax advantage or investment value. I have put a lot of work into being prudent with my decision making.

I no longer chase non-investment opportunuties unless I believe there is a reasonable chance I will be able to make 3 million dollars in 3 years. Why is this my target? Because it means it needs to have an immediate growth potential. It absolutely must have some kind of route to this number or better or I'm not touching it.

Even before this self imposed target, I was not looking at anything that wasn't infinitely scalable.

Post some opportunities and I will tell you the kind of things I like and the kind of things I don't like about them. I'm happy to help you screen them.
 
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Vigilante

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Every time I return to the forum I get blown away by threads like this.

@Kak Often I'll meet someone (i think) who's similar to you and be a little shocked to learn we look at things pretty much the same way. BUT, I have nothing comparable to your success. I think it has to do with which thing we both walk away focused on

If it's possible, could you drop an example of what catches your attention? Sorry to ask about 'teaching me how to think,' I just get lost in the difference of focus.

You two do have a lot in common. Having met you both, I can tell you what the simple difference is.

KAK thinks with more zeros.

They're just linear numbers to him if that makes sense to you. He just adds more zeros.

He talks about million dollar deals like you talk about thousand dollar deals. He just plays Monopoly with bigger values.

Here's a specific example. Take importing. People on the forum set out to make some money importing... starting small and hoping to one day have a business that will pay their bills.

When KAK started, he started with intention of monopolizing a niche, owning all of the imports from a COUNTRY of his niche, acquiring a brand in the industry, running production for the company that was in this space before him, gaining control of the factory, cashing out its owner, and owning Boardwalk AND Parkplace.

In the process he has been introduced to dignitaries, wined and dined by Dons, and made a bunch of money.

He thinks in bigger multiples and gives people what they want to get what he wants.

You can do what he does. Add more 000's.
 
Last edited:

Vigilante

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When you reread the above post, understand that was not a typo when I said that his intention was to monopolize all of the exports of an entire country in a niche.

When you understand that objective, you can gain some insight as to how his mind works.
 

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