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  1. WJK

    How My Attitude Towards Leadership Held Me Back For Decades

    GOLD! MINDSET 
    So, update us. You started this a couple of years ago. Some of my ideas on leadership: I do get "decision weary" if I don't give myself a break. Yes, I try to fly under the radar, but in the end, it's all on my shoulders. The best thing I have done is to give my people the authority to...
  2. WJK

    Stop Building Stuff

    HOT! MINDSET 
    I agree. I've watched a bunch of people spend a whole bunch of time and money to create things that feed their ego rather than create a business. So true. You are NOT supposed to be your own audience. It's really hard to get paid by that guy in the mirror.
  3. WJK

    Advice on hiring sales person

    MARKETING 
    You can also do a trial period based on a contractual relationship for a number of months. You could create a special project for that offering that will showcase the person's skills or lack of skills. I usually know everything I need to know within the first 3 months. It's a long enough period...
  4. WJK

    Are there Breaks in the Fastlane?

    MINDSET EXECUTION 
    If you want to learn something, here is the formula: 1. Skim through the materials. Take cryptic notes of anything that sticks out to you. 2. Stop and set the materials aside and do something else for a while. 3. Read over your notes to figure out where you are going to start. Pick one topic...
  5. WJK

    Are there Breaks in the Fastlane?

    MINDSET EXECUTION 
    If you don't give yourself a break, your body will become sick and it make you stop for that break. Here is another factor. Humans are at their most productive when they work in chunks of time and then stop between those chunks to let their brains rest. Your brain needs time to create the...
  6. WJK

    Afraid of exposing myself being competitive

    MINDSET 
    Compete with yourself. Leave the other people around you out of it. And when you succeed, you don't need to tell them about it. The biggest time that success becomes a problem is when you rub it into others' faces. Your bank account is private and only you get the statements. I like to fly...
  7. WJK

    I don't know what I'm doing, but I'm getting better at it - progress thread

    MINDSET 
    I've seen these fools too blow through their money on silly stuff. Used equipment and cheap deals on materials are my specialty. I average 20 cents on a dollar for used equipment vs. new. I love to buy that equipment from the guys who spent their startup money on something new that they...
  8. WJK

    I don't know what I'm doing, but I'm getting better at it - progress thread

    MINDSET 
    You have a good solid plan. Your chances of being successful are multiplied. Hopefully, you can pick clients and jobs that will actually help you in your side business without directly competing with them. The leading reason for early business failure is to run out of operating capital. That...
  9. WJK

    Beware: The Revenue Razor and Return on Stress...

    GOLD! NEWSLETTER 
    Before Covid, we had a Landlord's group in my area. Almost all of them were using OPM (other people's money) to buy as many residential rental units as they could. They were using the RRRR method. When they got more than 20% equity in a building, they were refinancing and buying more. That...
  10. WJK

    I don't know what I'm doing, but I'm getting better at it - progress thread

    MINDSET 
    Good choice to take the safe route. Broke people who can't pay their bills aren't productive or clear-thinking.
  11. WJK

    Moving Out, Where To?

    CHAT EXECUTION 
    It sounds like your problem is more basic than where to move. Your post doesn't feel like you have any direction as to the next chapter in your life. It's like you are way too comfortable where you are. You didn't talk about challenges or problem-solving. You left out what you want. I didn't...
  12. WJK

    On my way to fastlane. Business degree obsolete?

    IDEA 
    When I was in law school, I quickly discovered I didn't want to be an attorney. I was under so much social pressure I had very good offers because of my RE background. I was in my early 40s and resisting those offers with the stubborn mule in me. I was seeing a therapist who specialized in...
  13. WJK

    Got the Golden Handcuffs and Can't Get Free...

    HOT! EXECUTION 
    Good. Congrats! You have basic common sense which is many times rare. So you have a landing pad and a gf Plan B. With that covered, what do you want to do if and when you make the leap? How do you see your life changing and in what direction? What will you be giving up in exchange to gain what...
  14. WJK

    Why you should buy a home as early as possible.

    GOLD! HOT! ASSERTION 
    Like everything else, it depends...
  15. WJK

    On my way to fastlane. Business degree obsolete?

    IDEA 
    STEM is a whole family of businesses. Someone is gonna make the $ off of all those geeks in their different fields. Business is who pays the bills and directs the workforce. You wanna own your path and direct the people around you.
  16. WJK

    Mindset Billionaire

    INVESTING 
    Uh? For what end? Uh? For what end?
  17. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    I'm on vacation. My husband, with my assistant's help, is keeping everything together. I'm on an Alaskan cruise. The weather is terrible, which is fine with me. There's a storm raging outside of my cabin and this big ship is rocking and rolling with 4 to 6-foot swells. I'm sleeping a bunch...
  18. WJK

    Customers trying to low ball me.

    IDEA 
    Of course, they want more. They want more because that's human nature. This is your opportunity to learn to negotiate. You can start with a little bit higher price so you can throw in a little bit more work or meet them in the middle.
  19. WJK

    Got the Golden Handcuffs and Can't Get Free...

    HOT! EXECUTION 
    Only break free if you want to and are ready... You can start a side gig. You can save $ toward that moment. You can make the critical contacts you will need if you are laid off or make the break. You can think through your assets and figure out an exit plan -- an "if-then" strategy. All this...
  20. WJK

    Mindset Billionaire

    INVESTING 
    Why? Why a billionaire? What would your life look like? What would you do with that kind of money? What in your life would you be trading for that kind of wealth?

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