Going "All In"

[458]

This is a general announcement for all you little girls with your toe in the water..

Go all in.

Not in an hour, not next week, not after you finish talking to some broad your trying to screw. Lets talk about something important.

Go all in. What does all in mean? That means no plan b, willing to lose every cent you have in front of everyone you know. Worked for me.. Will it work for you? I don't know but you'll be dead soon so no need to worry.

Cheers

 

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[AgainstAllOdds]

I understand your point, however, this form of thinking can be dangerous for most people on this forum.

This thinking ignores that wealth creation is a process, and focuses on forcing a desired outcome.

Going all in has its place. But it has its place when you're in full control of your destiny. That can mean having the experience, knowledge, resources, or even confidence necessary to attain success. If you have that, then going all in makes sense. If you don't, then forcing an outcome is dangerous, and likely to result in disappointment and eventual failure.

 

[AgainstAllOdds]

I had the same exact reply a couple of months before I went all in. One of the senior members posted on the forum saying something similar back in 2014...it is irresponsible advice.

Then I went all in, in June 2014, and quit my job:

• The next week my car broke down with $1,000 worth of repairs.
• Within 6 months, my business crashed and when I visited my family for Christmas, I had no income to move out so I was stuck back at square 1 all over again.
• Fixed the business 30 days later, did some more traveling, and working on my business full time with no job in 2015.
• Later that year the business crashed again, left me in 5 figures of debt, the stress got the best of me, and by following @458 's type of advice left me broke...in debt....full of stress to the point where I started having heart palpitations 94 miles in the middle of the wilderness in montana, on the verge of death, with no signal on my phone to call 911.

Before I took that leap and went all in - I said the advice I Was given was irresponsible and I had no clue where it would lead me...

Then I listened, and all of THAT happened...but do you wan't to know the most interesting part?

Going all in was the best decision I made in my entire life...

I don't mean to make this personal, but I do 100% believe that this way of thinking without being prepared to go all in can be extremely damaging.

95% of businesses fail.

And that failure rate can be strongly attributed to a lack of preparation. A lack of having what's needed before going all in.

Take your own post for example:

You said you went all in, and that it worked out. It might have. And I hope it did.

But are you really better off than you would have been if you waited to take the plunge? Or is this a case of cognitive dissonance:

You mention in your post that you were hit with $1,000 in unexpected expenses. My guess is that you wouldn't have posted that unless that $1,000 hit was significant. And I bet it was.

But should it really have been?

Or should you have waited another 3 months, lived frugally, saved up $10,000, and then took the plunge?


Don't get me wrong. Going all in makes sense. But it makes sense at the right time.

Personally, I failed on 4 different businesses in the past 3 years! I succeeded on the 5th, and have gone all in since.

However, what would have happened if I went all in on any of the previous ventures before I was ready?

Here's what:

I would've been broke. And I would've had to start back from step one. I wouldn't be where I am right now. Business #2 - Failure, Business #3 - Failure, Business #4 - Failure, Business #5 - Success ... none of that would've happened. And trust me, these weren't just some "maybe it'll work ideas". These were all businesses that I 100% believed in, and put 100% effort towards. If I didn't believe in them, then I wouldn't have started them.

Going all in makes sense. But it sure as hell doesn't make sense if you don't have a promising plan of how you're going to get to the promiseland -- other than a biased self-belief.

 

[MJ DeMarco]

"All-in" for me means an obsessive commitment, not necessarily a "do or die" (as in poker) but more like a "do and never stop."

 

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[AndrewNC]

I understand your point, however, this form of thinking can be dangerous for most people on this forum.

This thinking ignores that wealth creation is a process, and focuses on forcing a desired outcome.

Going all in has its place. But it has its place when you're in full control of your destiny. That can mean having the experience, knowledge, resources, or even confidence necessary to attain success. If you have that, then going all in makes sense. If you don't, then forcing an outcome is dangerous, and likely to result in disappointment and eventual failure.

I had the same exact reply a couple of months before I went all in. One of the senior members posted on the forum saying something similar back in 2014...it is irresponsible advice.

Then I went all in, in June 2014, and quit my job:

• The next week my car broke down with $1,000 worth of repairs.
• Within 6 months, my business crashed and when I visited my family for Christmas, I had no income to move out so I was stuck back at square 1 all over again.
• Fixed the business 30 days later, did some more traveling, and working on my business full time with no job in 2015.
• Later that year the business crashed again, left me in 5 figures of debt, the stress got the best of me, and by following @458 's type of advice left me broke...in debt....full of stress to the point where I started having heart palpitations 94 miles in the middle of the wilderness in montana, on the verge of death, with no signal on my phone to call 911.

Before I took that leap and went all in - I said the advice I Was given was irresponsible and I had no clue where it would lead me...

Then I listened, and all of THAT happened...but do you wan't to know the most interesting part?

Going all in was the best decision I made in my entire life...

 

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[Silverhawk851]

Wow, I haven't came across a thread of such high intellectual level in a while.

Thank you all for sharing your perspectives.

For me,
my mind goes to a quote by Marcus Aurelius,

"Our actions may be impeded . . . but there can be no impeding our intentions or dispositions.
Because we can accommodate and adapt.
The mind adapts and converts to its own purposes the obstacle to our acting."
-Meditations, Marcus Aurelius

All-in to me means, even though shit goes up, down or sideways,
the intention remains the same. It remains stoic.

And the ability to keep that same INTENSITY of doing what is in our control,
to making progress, no matter what. That, to me, is what I consider all in.

All-in can be after failing on 100 different campaigns,
spending another precious $100 on a new campaign, instead of spending it on a drink at a bar somewhere.

After having been rejected from 46 sales calls that day,
making one more.

After having lost all your money, friends and family doubt you,
you say F*ck it and plug forward.

Your actions and situations may be impeded, may go wrong,
but your intentions can not.
You simply adapt to the situation at hand with the same goal.

The word decision comes from the Latin word Decidere, which means to cut off.
Basically once you decide, you are all in.
You cut-off any other possible outcome.

You jump off the cliff.

Yes, you can get hurt if you jump too hard,
and it can actually cause lost time and set back,
but still you jumped.
Never apologize for taking a chance.
What doesn't kill you will make you stronger.
Life teaches you what you need to learn.
No pain, no growth. No evolution.
You come back stronger and jump again.

At the end of it all,
you only have 29,400 days to live in your entire life, that's IF you live to 80.
F*ck it.
No risk no reward.
Plus, you're really only 1 in 7,500,000,000 people.
Nobody really cares what you do, and it's really not that important in the big picture.
You might as well jump. Go for the big stuff.
No growth happens inside the comfort zone anyways.


....Fastlane philosophy class is epic

TL;DR
-All in is when shit goes wrong, and you still plug forward
-Say F*ck it and just do it
-What doesn't kill you will make you stronger
-Don't do permanent damage.
-Luckily very few things actually cause permanent damage

 

[458]

Something I didn't expect was for no one to agree on what going all in means. I think I should have given my own definition in the original post.

To me, going all in means only two things; consistency and the ability to evolve. I see alot of people on her assuming that going all in is about using a hammer to solve every problem and not stopping until you break through. As Charlie Munger would say, to a man with a hammer every problem looks like a nail.

You have to be consistent day in and day out but at the same time evolving your path through trial and error. 99% of business fail because of mismanagement and mismanagement stems from ego, which blocks your ability to evolve.

It's a feedback loop that everyone on here needs to put in place in order to be successful. Consistency, evolve, consistency, evolve. It's really that simple.

 

[SteveO]

Great back and forth in this thread, and I don't want to stifle it. BUT I do want to link to a thread MJ started 2.5 years about this very topic.

https://www.thefastlaneforum.com/community/threads/how-bad-do-you-want-it-enough-to-go-all-in.48502/

Carry on...

And here is a quote from MJ on the topic of the work portion of going "All In".

"I moved to AZ with $900 and a car that didn't have a functional transmission. I shacked up in a studio apartment. I was willing to wash dishes, flip burgers, and drive cabs. I didn't care."

So, "All In" does not necessarily mean shutting down your income stream.

I went completely in when my living expenses were being supported by my business. It took me 2 years from the time I started but it was a worthwhile wait in my circumstance. That was 18 years ago though and I have not had a job since.

Well, not completely true.... I worked for a commercial real estate company once as a part time leasing agent for retail properties. Only to learn the business though...

 

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[Andy Black]

It's nature for us to want to make our own way when we grow up, to prove ourselves to ourselves, to others, and to a potential partner.

It happens in the animal kingdom, and it happens amongst us too.

When a young man survives all the crazy attention seeking things he is compelled to do, and finally becomes the leader of his own little tribe, then his role changes.

I am the leader of my own tribe.

I do what I have to do to keep a roof over our heads and food on our table.

I don't compete with others, I lend them a helping hand.

I don't strive for attention, I gift attention.

I strive every day to be the man I wish my sons grow up to be.

That's my all-in now.

 

[MJ DeMarco]

I've marked the thread Notable, maybe GOLD as it unfolds, some great perspectives and experience here.

Thank you folks for keeping it relatively civil.

 

[AndrewNC]

I don't mean to make this personal, but I do 100% believe that this way of thinking without being prepared to go all in can be extremely damaging.

95% of businesses fail.

And that failure rate can be strongly attributed to a lack of preparation. A lack of having what's needed before going all in.

Take your own post for example:

You said you went all in, and that it worked out. It might have. And I hope it did.

But are you really better off than you would have been if you waited to take the plunge? Or is this a case of cognitive dissonance:

You mention in your post that you were hit with $1,000 in unexpected expenses. My guess is that you wouldn't have posted that unless that $1,000 hit was significant. And I bet it was.

But should it really have been?

Or should you have waited another 3 months, lived frugally, saved up $10,000, and then took the plunge?


Don't get me wrong. Going all in makes sense. But it makes sense at the right time.

Personally, I failed on 4 different businesses in the past 3 years! I succeeded on the 5th, and have gone all in since.

However, what would have happened if I went all in on any of the previous ventures before I was ready?

Here's what:

I would've been broke. And I would've had to start back from step one. I wouldn't be where I am right now. Business #2 - Failure, Business #3 - Failure, Business #4 - Failure, Business #5 - Success ... none of that would've happened. And trust me, these weren't just some "maybe it'll work ideas". These were all businesses that I 100% believed in, and put 100% effort towards. If I didn't believe in them, then I wouldn't have started them.

Going all in makes sense. But it sure as hell doesn't make sense if you don't have a promising plan of how you're going to get to the promiseland -- other than a biased self-belief.

Going all in is like one of those rights of passage in tribal days. When a boy reaches a certain age- he is thrown in the wilderness on his own - he is either forced to survive for months or he dies.

If he survives, he returns to the tribe as a man who has what it takes to survive on his own. Self reliance.

If he doesnt, then he dies.

 

[Ubermensch]

Hahaha. I like you. @Ubermensch we should invite him to the call. Nobody here does any favors sugercoating reality for others. I've read some asinine ideas on this forum being executed with thousands dollars these guys don't have. Things which have little market and and a plethora of free alternatives. You go in without knowing your market, knowing your customer, and having your marketing down cold, you'll definitely fail. To go "all in" carries with it that you're a capable individual.

@Thiago Machado Check out this thread. Lots of good nuggets for conversation.

I don't mean to make this personal, but I do 100% believe that this way of thinking without being prepared to go all in can be extremely damaging.

95% of businesses fail.

95% of people are stupid, so your math seems spot on.

This is a general announcement for all you little girls with your toe in the water..

Go all in.

Cheers

Forget sticking a toe in; dive in with the sharks.

I've been all-in since I dropped out of college at 16, and started sales a bit later in life.

For some of that time period, I was homeless. For some of it, I lived with my grandparents.

Then I started winning.

 

[Delmania]

The live or die going all in mentality is good so long as you're the only one you need to support. Once others are relying on you, that mentality is no longer feasible because they will suffer during the downturns. That being said, you can still go all in, mentality like Andy said, and physically after the needs of those who depend on are meet. That means putting in time on the nights and weekends, choosing to spend money not on toys, but on your endeavors.


Sent from my iPhone using Tapatalk

 

[Supa]

And here is a quote from MJ on the topic of the work portion of going "All In".

"I moved to AZ with $900 and a car that didn't have a functional transmission. I shacked up in a studio apartment. I was willing to wash dishes, flip burgers, and drive cabs. I didn't care."

So, "All In" does not necessarily mean shutting down your income stream.

I went completely in when my living expenses were being supported by my business. It took me 2 years from the time I started but it was a worthwhile wait in my circumstance. That was 18 years ago though and I have not had a job since.

Well, not completely true.... I worked for a commercial real estate company once as a part time leasing agent for retail properties. Only to learn the business though...

^This is the best reply to this topic

If you're working on an online business, you need a few things to do that. You need a computer, you need an internet connection, you need money for your domain, server and other things needed to build your business.

MJ created websites for other companies to pay his rent and to support his lifestyle of working on his business. Without a roof above his head and an internet connection plus food (no matter how cheap) he would be in a situation that doesn't support the building of his business.

If you don't have a skill (like webdesign, copywriting, etc.) that you can use to earn money without a job, to support your business, then there's nothing wrong with washing dishes or delivering pizzas to pay your rent and internet connection.

Going All In for me means to quit the job as soon as I am able to support my business without it, and until then work every free minute on it to reach that point as fast as possible.

But to me it doesn't mean to quit my job now to be able to proudly announce "I go All In", just to get kicked out my flat a month later. Because that would put me in a mindset of chasing money, money to get a new home, money to buy food and water, money for an internet connection or a coffee to enjoy free wifi. Those circumstances are not pretty supporting of my goals to build a business that provides value.

Don't get me wrong, I hate working a job. And I wouldn't wait a second to quit it as soon as it is possible for me. But it's something that I have to do to support the creation of my dream life, so I do it.

I mean MJ didn't say "F*ck it, I'm quitting the webdesign work to go All In!", he did it as long as he needed it to support the creation of his dream life, and went All In every other minute of the day that wasn't spent with webdesign work ( feel free to correct me if I'm wrong )

 

[Deleted35442]

This is a general announcement for all you little girls with your toe in the water..

Go all in.

Not in an hour, not next week, not after you finish talking to some broad your trying to screw. Lets talk about something important.

Go all in. What does all in mean? That means no plan b, willing to lose every cent you have in front of everyone you know. Worked for me.. Will it work for you? I don't know but you'll be dead soon so no need to worry.

Cheers

Hahaha. I like you. @Ubermensch we should invite him to the call. Nobody here does any favors sugercoating reality for others. I've read some asinine ideas on this forum being executed with thousands dollars these guys don't have. Things which have little market and and a plethora of free alternatives. You go in without knowing your market, knowing your customer, and having your marketing down cold, you'll definitely fail. To go "all in" carries with it that you're a capable individual.

 

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[Yoda]

"Do or do not. There is no try."​

I'm happy to enter this fantastic discourse.

First of all, it's very enlightening to see what the phrase simply means to each person. There is obviously a direct correlation, though perhaps a bit evasive, how each of you have come up with your own conclusions when referencing an "all in" nature.

For this reason, everyone's "all in" should be different. Those of you referencing poker... you're missing your own points! Scottie Nguyen, Phil Helmuth, and Chris Moneymaker will absolutely not go "all in" in every situation even if every other variable was identical. Yes, poker players know when to go "all in," but it's based on their own behavior, past and present, their own perception of the circumstance, and their risk tolerance. What they've actually done is gone "all in" to their profession and committed an insane amount of learning, anguish, and risk to get to where they are.

But see, I gave this particular example a more thorough examination because it helps me showcase my own perception of the "all in" you're each debating.

I, personally, believe going "all in" is a massive commitment towards a positively perceived outcome given a span of time. Three components:

1. Massive commitment
2. Positively perceived outcome
3. Time

We are all going to have our own definition of what "Massive Commitment" might be, but we can probably all agree there is some level of perseverance towards a goal, with the notion we need to give something up (money, time). When you commit to something, you're offering full focused attention in a particular direction.

Obviously, there better be a positively perceived outcome. You're just a dunce if you commit to anything which you don't 'feel' or 'believe' or 'know' there is a light at the end of then tunnel. Look both ways before you cross the road.

Finally, something a few of you have touched in brevity... the time element.

Let's go back to poker. If a poker player goes "all in" on one hand, he is, indeed, risking his tournament entry. The time frame, however, is limited to his tournament entry (assuming we're not talking cash games at the moment). Therefore, if your particular focus is the moment he is in, then he's likely "all in." However, if your particular focus is his career... well, there's always next year, and you better believe he's going to be doing WSOP's, cash games and more until next year's main event. In this case, the hand he went "all in" is no longer much more than a tick on a timeline.

My point being:

You, and only you, can determine your own "all in."​

But, you have to measure it with a level of commitment you can sustain, aim it towards a positively perceived outcome, and relentlessly take action for a defined amount of time.

Commit, aim, don't stop.

That's my "all in" folks.

 

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[Ubermensch]

Wait.

I don't get it.

1) What, exactly, makes @AndrewNC 's post "biased"?

First, there is a logical follow-up question here: How exactly did @AndrewNC "discount" what he just wrote?

Of course, you don't mean "discount," as in AndrewNC literally "lowering his price" on a product or service. No, you meant that he - in essence - contradicts himself, that all of the pain that he went through somehow proves that it wasn't the .

2) Why should we care that AndrewNC has a "biased" perspective?

All perspectives are biased; that's what makes them perspectives.

He describes the experience as "the best decision I made in my entire life..." Lol. I couldn't agree more. Floyd Mayeather, Michael Jordan, Usain Bolt, Michael Phelps... these athletes experience great pain in the training period before the Big Competition Day. You experience this pain if you train yourself. You know that the results only come if you're doing something "hard." Hard can have many contexts, and I mean it that way, to allow for many different types of training.

Hustler training is brutal.

Those of us that RI$E to the top, we are like Gladiator's in Rome's Arena. When we fight, we are ALL IN; we live and die by the sword of the game we play.

And even though we may have literally put our lives on the line - and suffered physically, emotionally, psychologically (the game ABUSES you, forcing you to evolve into whatever it takes to be successful) - our training... it makes us great, it makes us winners.

Who appreciates freedom more than a recently freed slave?

Who relishes the taste and satisfaction of food and water more than the hungry and starving?

The depth of the agony that andrewnc felt is equivalent to the degree of success and accomplishment he now enjoys and continues to build.

 

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[The-J]

Luckily very few things actually cause permanent damage

So, what does cause permanent damage?

Death, obviously. Don't put yourself in a position that makes you more likely to die. This is kind of a given...

Bodily injury: same thing.

Reputational injury: this could shove you out of a business entirely. Jordan Belfort was able to turn it around. Other people have been able to successfully turn it around too. But you are very unlikely to be back into a business. Luckily, it takes a lot to suffer reputational injury, like committing a crime.

Relationships: Screw up a key relationship and it can hurt you emotionally and financially. Key relationships mainly being spouses and kids, as well as parents and mentors. These are probably the most easy to screw up.

For the young, single person with very little in assets and a relatively non-existent rolodex, going 'all in' makes perfect sense. However, a married parent of 3 with 20 years experience in the field needs to know who not to piss off and has to keep the spouse and kids happy, housed, and fed. Not only this, but if you have $10m in hard assets, it's a rare situation that you would NEED to bet it all, let alone being in a situations where betting it all is a wise thing to do. However, if you've got 2k in cash and a beat-up Geo Metro, spending that $2k on paid traffic might very well be an excellent risk.

tl;dr it's all relative

 

[Get Right]

I'm prepared to go all-in at any given time. If I've got the "nuts" believe me...you will witness an all-in.

Every other hand requires careful consideration. This is the balance of risk/reward.

 

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[Brian C.]

"Know when to go all-in"

 

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[458]

I understand your point, however, this form of thinking can be dangerous for most people on this forum.

This thinking ignores that wealth creation is a process, and focuses on forcing a desired outcome.

Going all in has its place. But it has its place when you're in full control of your destiny. That can mean having the experience, knowledge, resources, or even confidence necessary to attain success. If you have that, then going all in makes sense. If you don't, then forcing an outcome is dangerous, and likely to result in disappointment and eventual failure.

When did I say it wasn't a process? The first step is usually the hardest and the one most people never take.

As expected everyone has an excuse about how they can't go all in, which is fine. But don't lie to yourself by thinking it will all come together eventually. The time is now.

Growth is scary and dangerous, doesn't matter who you are and the faster you get used to being uncomfortable the better off you'll be.

 

[Andy Black]

I'm all-in as a dad.


In all seriousness, I prefer to think of committing rather than going all-in when it comes to my business.

What I AM working towards is going all-in on my main strength. Delegating and outsourcing what isn't my strength. This is a work in progress, mostly because I'm still working out what my main strength is (by doing not navel gazing I might add).

 

[AllenCrawley]

Great back and forth in this thread, and I don't want to stifle it. BUT I do want to link to a thread MJ started 2.5 years about this very topic.

https://www.thefastlaneforum.com/community/threads/how-bad-do-you-want-it-enough-to-go-all-in.48502/

Carry on...

 

[Jake]

I think the use of the words "all in" is a bit overplayed in this thread. Is walking away from a $15k-35k a year salary really going all in? Is that not easily replaceable? Not that some aren't leaving larger sums of money. Hell, I walked away from a massive salary a few years ago.

I don't mean to hype up or over emphasis my own doings but when I think of "all in" I think of doing something where there's no chance of an exit or short term exit. Or a massive change in lifestyle

I enlisted in the Navy - All in
I had a kid - All in
I signed a contract to go to Iraq - All in
I signed a contract to go to Afghanistan - All in
I started a business - I'm putting forth a lot of effort but it doesn't have the same light fire to the past this is where I'm going feel to it. Maybe that's the definition of all in to some people but I tend to agree with @andyblack All in is taking care of his kids come hell or high water.

One example of a member of the forum going all in would be giving up your U.S passport. That's an all in move. When you absolutely have no means to go back to your previous life..All In

 

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[458]

I had the same exact reply a couple of months before I went all in. One of the senior members posted on the forum saying something similar back in 2014...it is irresponsible advice.

Then I went all in, in June 2014, and quit my job:

• The next week my car broke down with $1,000 worth of repairs.
• Within 6 months, my business crashed and when I visited my family for Christmas, I had no income to move out so I was stuck back at square 1 all over again.
• Fixed the business 30 days later, did some more traveling, and working on my business full time with no job in 2015.
• Later that year the business crashed again, left me in 5 figures of debt, the stress got the best of me, and by following @458 's type of advice left me broke...in debt....full of stress to the point where I started having heart palpitations 94 miles in the middle of the wilderness in montana, on the verge of death, with no signal on my phone to call 911.

Before I took that leap and went all in - I said the advice I Was given was irresponsible and I had no clue where it would lead me...

Then I listened, and all of THAT happened...but do you wan't to know the most interesting part?

Going all in was the best decision I made in my entire life...

Pay price to action. You must pay the Piper to enter and he's a tough son of a bitch. Thanks for your comment!

 

[Captain Jack]

There's more than one way to skin a cat.

 

[458]

IMO, going all in equals to commitment. What's more important than a commitment? PREPARATION. If you are very busy and committed going to the wrong direction - prepare for the worst.

1 year of solid execution is worth 10,000 years of perfect preparation.

 

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[StevieB]

I've gone "all-in" before - took a large amount out of my 401k and everything.

A few things about going all in - you need to know what the f#ck you're doing if it's going to work. Sure you may learn along the way. I hadn't read the millionare fastlane or hardly anything on the subject. Had very little sales experience and wasn't even that socially likable at that point. All I knew is someone that had a business previously and that it worked well for them. Buy low and sell high. I quickly found out my product had very little demand despite "loving what I do".

Go all in? Absolutely, but do some research, read some books, talk to people, develop the right habits and be ready to work 100 hours a week and not get paid. If you're mentally prepared for that and accept it by all means go all in. Otherwise you'll just spin your wheels for a while then go right back to what you were doing before you went all in. With a lot less cash.

I did learn a lot and I don't believe you need to just immediately go all-in. The reason that can be effective? Because it forces you to develop the habits you need to survive in that environment. However if you're committed to it you can still develop the necessary mindset and habits and work a full time job. There's much less risk but it's more difficult since your not forced to live off the income you get through a business.

Some people need to throw it all out and go all in. Others can develop the necessary skills without needing to do that. It just depends on who you are and your mentality, discipline and focus. Most people can never make it work.

 

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[Blitz]

It used to be a common military tactic to cut off any form of retreat for your OWN soldiers because they would fight harder if they knew that the only options were death or victory.

If your ability to eat depends on something you are going to work a whole lot harder than if it is just something you do on Sundays. If you go to the point of no return, your going to have more pressure, and more pressure means you will work harder.

If you are determined to do something, go to the point of no return. That is my interpretation of going "all in."

 

[Captain Jack]

I can't find the video on the Youtube, but there was a story on Shark Tank about a company called Wispots. Basically, the creator came up with an idea to have a kiosk for checking email in the waiting room of doctors' offices. The only problem was that phones are able to do this (though, this technology was in its infancy at that time).

The guy went as all in as you can. He had a family. He mortgaged his house, cleaned out his childrens' college funds, and went hundred of thousands of dollars into debt for what was a pretty bad idea. It's clear that he didn't do a whole lot of due diligence.

So, while I do think that going all-in works (as MJ, AndrewNC, and many others have proven), it could also go very badly if you don't do it the right way.

 

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