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Recent content by xmartel

  1. xmartel

    I am extremely frustrated because of taxes. How can you still stay motivated??

    MINDSET TAXES | REGS 
    Sounds like you didn't incorporate your business, and are instead setup as a sole proprietor. This is a mistake and the cause of your tax issue. Get your legal structure setup properly.
  2. xmartel

    Help a 31 year old loser who needs discipline.

    MINDSET 
    I'd suggest the book "The Power of Habit" by Charles Duhigg Many years ago I was overweight, didn't have anything going for me in the way of a business, no significant other, few friends, etc. And while I had a job that could pay well, due to the nature of it I was laid off most of the time and...
  3. xmartel

    Fed Up With Your Country? Where Is Left to Go?

    HOT! 
    He didn't win the court case, but he did expose the truth. Here's a better video dealing with the lack of virus isolation. https://rumble.com/vkt3mh-covid-not-isolated-cannot-be-located-does-not-exist-foia-response-reveals-w.html
  4. xmartel

    Fed Up With Your Country? Where Is Left to Go?

    HOT! 
    We'd need to use existing boundaries or it'll never happen. Splitting up a province would be unbelievably difficult. I propose we include the entirety of Manitoba, Sask, Alberta, B.C. That gives us deep water ports on both sides (Churchill, MB. Prince Rupert and Vancouver, BC). And the border...
  5. xmartel

    Fed Up With Your Country? Where Is Left to Go?

    HOT! 
    I may be tapping your shoulder soon for some consulting on this. We're getting sick of the anti-business climate growing in Canada (mostly from the East and our dear overlord PM). We're considering incorporating the businesses in some tax friendly jurisdiction, residing in the US for just under...
  6. xmartel

    Luck shouldn't play such a big role in financial success

    HOT! 
    Those 7 points do increase your ability to achieve success. There's no doubt about that. But then you make this jump to saying it's luck, which has nothing to do with the first part of your paragraph. Just because something is important, doesn't mean it's existence is luck. You're still not...
  7. xmartel

    Luck shouldn't play such a big role in financial success

    HOT! 
    What I see you saying is because something is hard, then luck by default must be a defining factor. I don't see the logic in making that jump. We make thousands of choices every day. Those choices are what determines where we end up in life. I'm not saying it's a easy straight shot. We...
  8. xmartel

    Luck shouldn't play such a big role in financial success

    HOT! 
    I would say 50% had a luck event. What about the choices that surrounded that event happening? Those people put themselves in a position to inherit (in the sense they didn't do something stupid to get disowned or any other number of things). Also, what about all the decisions you have to make...
  9. xmartel

    Luck shouldn't play such a big role in financial success

    HOT! 
    I appreciate that you're understanding what I'm getting at, but I don't think you're quite there yet. I understand your point of view that those 7 points are more foundational. And I agree with you that those items are very foundational. But then you make the leap that whether you have them or...
  10. xmartel

    Luck shouldn't play such a big role in financial success

    HOT! 
    You may not have said luck dictates success directly, but it's at least implied that it is the overriding cause of success by your title and your intro. Which is not true. I would suggest researching the topic of luck and luck events (2 different things) more in depth. Jim Collins has a great...
  11. xmartel

    Luck shouldn't play such a big role in financial success

    HOT! 
    Your ascribing way to much to luck. 1-6 covers most people in most Western nations. And yet what have most people done with this "luck"? Answer: Nothing. I could see 7 as being more rare. However this is not the responsibility of your social circle. People don't have a responsibility to...
  12. xmartel

    Having Children...Pros and Cons?

    HOT! PEOPLE 
    I think you're right on those 2 points. My wife does take on more of the tasks with the kids, but she's also still very heavily involved and integral to the business. It is a challenge combining kids with an entrepreneurial life, but it's still very doable if you're intentional about how you...
  13. xmartel

    Having Children...Pros and Cons?

    HOT! PEOPLE 
    I had my first kid at 26. I have 3 now and am 34. One of the best decisions of my life. Along with getting married. As soon as you have a kid, you'll understand the immense joy they bring and won't regret it. If you don't, you'll never fully understand what you missed, but will most likely...
  14. xmartel

    They want to amend the IL constitution to eAT tHE rICH

    HOT! OFF-TOPIC 
    Taxation is necessary and I think most people support it. I certainly enjoy the comforts of modern life that taxes help pay for. But there are different types of taxation and how it is administered. We can't just say it's necessary, so it isn't theft, so we just have to live with it. Taxing...
  15. xmartel

    They want to amend the IL constitution to eAT tHE rICH

    HOT! OFF-TOPIC 
    It's not any better up here. We already have a tiered income tax system at the federal and provincial levels. It's amazing how people keep thinking a flat tax isn't fair, they don't seem to understand how percentages work. If you make more money, you pay more money in tax. We also have other...
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