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INTRO Poorest Rich Person I know...

Court

Contributor
Sep 5, 2018
12
25
17
USA
Hello- My name is Court and I am a father, physician, investor, entrepreneur and optimist. I just found this forum today and find it interesting and potentially hugely beneficial to me! I look forward to hearing from like-minded individuals that can share their experience and opportunities with the community.


My story starts as a poor kid growing up in a rural American trailer park... born to a single mom into a relatively poor but hardworking family. I was blessed/lucky enough to have an amazing mother, grandmother, and (later) step father to teach me about hard work and the power of believing in your dreams and the American dream/opportunity.

We were so poor growing up that I assumed everyone was as poor as we were, so I was happy. I was loved and made to feel special and in some ways invincible. As early as first grade I had wonderful teachers and mentors sharing the belief that I was smart and a natural leader. I am not sure now if this was true, or if their belief in me transformed me into a self-fulfilling prophecy. Regardless, something worked and I became determined to become a doctor at a very young age. This seemed pretty improbable now in retrospect (as none of my family had ever attended college, we had no money and no connections). Luckily, I didn't know better and continued down the path of college, medical school and ultimately a successful medical career. To some and maybe to @MJ DeMarco this was a dumb path to take, but it got me out of the trailer park!

The investor/entrepreneur side of my story started in college also... I realized in college that I had aspirations that were beyond medicine and the "job" feeling that goes with being a doctor, even if one owns and runs their own practice. So at 18 I bought my first rental property and rented out rooms in a townhouse to my college friends. I have since gone on to buy and sell about 15-20 more properties and currently have 8 rental properties and one more in process.

The entrepreneurially side of things in me also has attempted (and failed) at several MLM type companies. But my wife and I did get the bug to utilize the distribution methods of MLM to start our own MLM company a couple of years ago. This proved to be much more satisfying (and rewarding), but was incredibly labor intensive and stressful. We ended up divorcing the business partners and selling our share of the MLM business last year. We now hope to someday again create another MLM type of company.

We are now working on a cookie delivery business that is also labor intensive, but working on ideas and plans to expand it nationally via shipping and/or franchise the model to others.
Lastly working on an app and idea that involves gaming and some fun and creative new ideas. I have never done much as far as programming or app development, but after reading The Millionaire Fastlane I am more inspired to focus my post medicine energy on this business and idea.

I am currently working on the sale of my medical practice and then will be free to use some of those sale proceeds to fund future expansion of my other businesses, real estate, ideas and money trees.

I can personally agree with the theory in the book that in todays dollars 5 million = 1 million in most peoples perceptions of what it is to be a millionaire. We are just reaching the 5 million net worth point in our life, and we still feel like we are poor when it comes to cashflow. Hoping this group, along with hard work and time will allow us to change the feeling of being poor (even with a $5 million net worth). We do realize this is all relative, but its probably also partially due to our lack of discipline as consumers and my hunger to always be maxing out our investment dollars with each opportunity I can....

Appreciate any thoughts or feedback on where to focus our energy and how to improve in our process. Look forward to getting to know you all... and thanks in advance for your experiences and input.
 

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Ashish Kulkarni

Contributor
FASTLANE INSIDER
I've Read UNSCRIPTED
Aug 20, 2018
90
65
70
Stirling, UK
Welcome to the forum Court.

You can either build or outsource. There are a lot of threads on this forum about that.

Good luck with whatever you end up building or doing.
 

Maxboost

Silver Contributor
I've Read UNSCRIPTED
Speedway Pass
Apr 4, 2016
398
819
314
39
We are just reaching the 5 million net worth point in our life, and we still feel like we are poor when it comes to cashflow.
Are you sure you read the book and did some self reflection? Are you sure you are not on the side walk? TMFL book is not just about making money, but freedom.
 
OP
OP
Court

Court

Contributor
Sep 5, 2018
12
25
17
USA
Are you sure you read the book and did some self reflection? Are you sure you are not on the side walk? TMFL book is not just about making money, but freedom.
Max,
I am still finishing the book, but want to know why you think I am on the sidewalk? I certainly feel like I am at times, and do still work a job in addition to my businesses and real estate investing. Have a huge desire to have freedom and not feel poor at the same time haha! I think its for sure both a mental and a physical process of transition from the traditional views of money/consumption/producing.... etc. I am probably on the fence of both worlds to be 100% honest. Hoping that I am about to make the change to freedom.
 

Nick M.

Bronze Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Jul 13, 2018
89
127
129
Max,
I am still finishing the book, but want to know why you think I am on the sidewalk? I certainly feel like I am at times, and do still work a job in addition to my businesses and real estate investing. Have a huge desire to have freedom and not feel poor at the same time haha! I think its for sure both a mental and a physical process of transition from the traditional views of money/consumption/producing.... etc. I am probably on the fence of both worlds to be 100% honest. Hoping that I am about to make the change to freedom.
I wouldn't be surprised if what Max is seeing is that you seem to be jumping around all over the place. You've done real estate, MLM (on both sides), app development, medical practice, cookie delivery, and many of them you're doing right now. It sounds like you are chasing shiny objects, looking at events and not processes. These are characteristic of the sidewalk.

It also sounds like you are chasing money and not value. You are writing games because they are projects you want to do. Start MLM companies to make money. Practicing medicine because you want to. From your language, it doesn't sound like you are trying to solve problems and add value to others. You are doing what you are because you want to do them.

Don't know exactly what he was thinking, but those are my two thoughts.
 

Steven D.

New Contributor
Sep 6, 2018
12
7
15
Hawaii
Hello- My name is Court and I am a father, physician, investor, entrepreneur and optimist. I just found this forum today and find it interesting and potentially hugely beneficial to me! I look forward to hearing from like-minded individuals that can share their experience and opportunities with the community.


My story starts as a poor kid growing up in a rural American trailer park... born to a single mom into a relatively poor but hardworking family. I was blessed/lucky enough to have an amazing mother, grandmother, and (later) step father to teach me about hard work and the power of believing in your dreams and the American dream/opportunity.

We were so poor growing up that I assumed everyone was as poor as we were, so I was happy. I was loved and made to feel special and in some ways invincible. As early as first grade I had wonderful teachers and mentors sharing the belief that I was smart and a natural leader. I am not sure now if this was true, or if their belief in me transformed me into a self-fulfilling prophecy. Regardless, something worked and I became determined to become a doctor at a very young age. This seemed pretty improbable now in retrospect (as none of my family had ever attended college, we had no money and no connections). Luckily, I didn't know better and continued down the path of college, medical school and ultimately a successful medical career. To some and maybe to @MJ DeMarco this was a dumb path to take, but it got me out of the trailer park!

The investor/entrepreneur side of my story started in college also... I realized in college that I had aspirations that were beyond medicine and the "job" feeling that goes with being a doctor, even if one owns and runs their own practice. So at 18 I bought my first rental property and rented out rooms in a townhouse to my college friends. I have since gone on to buy and sell about 15-20 more properties and currently have 8 rental properties and one more in process.

The entrepreneurially side of things in me also has attempted (and failed) at several MLM type companies. But my wife and I did get the bug to utilize the distribution methods of MLM to start our own MLM company a couple of years ago. This proved to be much more satisfying (and rewarding), but was incredibly labor intensive and stressful. We ended up divorcing the business partners and selling our share of the MLM business last year. We now hope to someday again create another MLM type of company.

We are now working on a cookie delivery business that is also labor intensive, but working on ideas and plans to expand it nationally via shipping and/or franchise the model to others.
Lastly working on an app and idea that involves gaming and some fun and creative new ideas. I have never done much as far as programming or app development, but after reading The Millionaire Fastlane I am more inspired to focus my post medicine energy on this business and idea.

I am currently working on the sale of my medical practice and then will be free to use some of those sale proceeds to fund future expansion of my other businesses, real estate, ideas and money trees.

I can personally agree with the theory in the book that in todays dollars 5 million = 1 million in most peoples perceptions of what it is to be a millionaire. We are just reaching the 5 million net worth point in our life, and we still feel like we are poor when it comes to cashflow. Hoping this group, along with hard work and time will allow us to change the feeling of being poor (even with a $5 million net worth). We do realize this is all relative, but its probably also partially due to our lack of discipline as consumers and my hunger to always be maxing out our investment dollars with each opportunity I can....

Appreciate any thoughts or feedback on where to focus our energy and how to improve in our process. Look forward to getting to know you all... and thanks in advance for your experiences and input.
Max,
I am still finishing the book, but want to know why you think I am on the sidewalk? I certainly feel like I am at times, and do still work a job in addition to my businesses and real estate investing. Have a huge desire to have freedom and not feel poor at the same time haha! I think its for sure both a mental and a physical process of transition from the traditional views of money/consumption/producing.... etc. I am probably on the fence of both worlds to be 100% honest. Hoping that I am about to make the change to freedom.
Hi Court,

I found this fascinating. I also came from a poor family, and a single mother. There are so many people that seem to succumb to that environment and very few that rise above it! Kudos on everything you've gone after! The most successful people I know, have been willing to jump into more experiences than anyone else. I definitely don't think you're on the sidewalk. You're playing on offense and asking questions. You mentioned you're a father... And you're curious about where to focus your energy... Can you paint me a picture, of the ideal legacy you'd want to leave your family?
 

NewManRising

Bronze Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Oct 30, 2017
350
499
230
39
White City, OR
Hey Court,

Great story. Glad you are here. If you don't mind, can I ask how old you are now?
 

Maxboost

Silver Contributor
I've Read UNSCRIPTED
Speedway Pass
Apr 4, 2016
398
819
314
39
Max,
I am still finishing the book, but want to know why you think I am on the sidewalk? I certainly feel like I am at times, and do still work a job in addition to my businesses and real estate investing. Have a huge desire to have freedom and not feel poor at the same time haha! I think its for sure both a mental and a physical process of transition from the traditional views of money/consumption/producing.... etc. I am probably on the fence of both worlds to be 100% honest. Hoping that I am about to make the change to freedom.
I am assuming you make six figures a year or more but always running out of cash? What the hell are you spending your money on?! Unless you live in California or New York, making six figures a year can free up a lot of time so you can pursue bigger things. How big is your house? How many cars do you have? Do you have a boat? Are the credit cards maxed out? Any jewelry? How often do you go to restaurants?

If you make 6 figures a year or more and you are living pay check to pay check, you have to really examine your finances and be honest with yourself. MJ called it the 30 thousand dollar millionaire. Doesn't matter how much money you make, no one is exempt from the sidewalk. In order to get to the fastlane you need to get to the slowlane first.

Not trying to be rude, but this forum is brutally honest at times. Part of being in the fastlane is not getting trapped in consumerism and the need to keep up with the jones.
 
OP
OP
Court

Court

Contributor
Sep 5, 2018
12
25
17
USA
I wouldn't be surprised if what Max is seeing is that you seem to be jumping around all over the place. You've done real estate, MLM (on both sides), app development, medical practice, cookie delivery, and many of them you're doing right now. It sounds like you are chasing shiny objects, looking at events and not processes. These are characteristic of the sidewalk.

It also sounds like you are chasing money and not value. You are writing games because they are projects you want to do. Start MLM companies to make money. Practicing medicine because you want to. From your language, it doesn't sound like you are trying to solve problems and add value to others. You are doing what you are because you want to do them.

Don't know exactly what he was thinking, but those are my two thoughts.
Bytecode,

Thanks for the opinion and perspective. You are correct in the observation that I do a lot of different things. Feel a bit offended that you don't think what I do isn't for value... but I can take it! Haha

I am not one to really chase or buy material objects or buy fancy cars/objects/etc. I live a comfortable lifestyle and travel a lot. I think you might have a good point though about solving problems. I know my medical practice solves problems for those that I help/cure and I do get great satisfaction out of that aspect of my life. But on the other hand it's a job and it doesn't go on passively at all when I travel.

Curious about your "You are doing what you are because you want to do them." comment, wondering how you would reflect on that? Should I be doing things I don't want to do? Would I have freedom if I did things I hated? I think solving problems can be done both from the fastlane (better) and from the sidewalk (not so good financially), but overall both can help solve problems.

One great thing I took from your comment was to focus on systems. I definitely need to do more of this.

Again, appreciate the comments and the outside opinions and perspectives.
 
OP
OP
Court

Court

Contributor
Sep 5, 2018
12
25
17
USA
I am assuming you make six figures a year or more but always running out of cash? What the hell are you spending your money on?! Unless you live in California or New York, making six figures a year can free up a lot of time so you can pursue bigger things. How big is your house? How many cars do you have? Do you have a boat? Are the credit cards maxed out? Any jewelry? How often do you go to restaurants?

If you make 6 figures a year or more and you are living pay check to pay check, you have to really examine your finances and be honest with yourself. MJ called it the 30 thousand dollar millionaire. Doesn't matter how much money you make, no one is exempt from the sidewalk. In order to get to the fastlane you need to get to the slowlane first.

Not trying to be rude, but this forum is brutally honest at times. Part of being in the fastlane is not getting trapped in consumerism and the need to keep up with the jones.

Max,

Thanks for the honest reply!! You are correct in the fact that we spend a ton of money some on dumb stuff, but most on (maybe equally dumb) investments like IRA, whole life insurance and entrepreneurial endeavors. I have a very big house (owe about 950K, its worth about 2 million) that I bought at auction and got a great deal on it, but it does suck up a lot of cash for maintenance and utilities. Have 4 cars (have teenage kids) I personally drive a toyota tundra and my wife a honda odyssey and we do have an expensive boat (malibu for wake surfing and wake boarding), but no debt on any of them, no credit card debt, wife has nice jewelry that is all paid for (buy her a nice gift piece every few years). We eat out once a week or so. We travel as our biggest expense, have a bunch of kids so it gets expensive quickly, but we enjoy it and put high value on the memories created with our kids both boating and traveling.

We are very middle of the road when it comes to our spending vs. our income given our high income. I am not a believer in the Dave Ramsey bs about beans and rice, but I do believe in saving as much as possible. We are definitely not "consumerists" that focus on keeping up with the neighbors. We save probably 25-30% of our take home pay each month. I think our high savings rate makes us feel like we have little left each and every month.

I think as I read and think about this thread my biggest weakness to me is my "diversification" of business interests and investments, not my speding. Thinking the more I can focus on a business with a true system for automation/ problem solving the better.


Curious to hear others thoughts on diversification as a good end goal? Will also look for other threads on this topic. Thx again for opinions and feedback/honesty.
 

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Nick M.

Bronze Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Jul 13, 2018
89
127
129
Bytecode,

Thanks for the opinion and perspective. You are correct in the observation that I do a lot of different things. Feel a bit offended that you don't think what I do isn't for value... but I can take it! Haha

I am not one to really chase or buy material objects or buy fancy cars/objects/etc. I live a comfortable lifestyle and travel a lot. I think you might have a good point though about solving problems. I know my medical practice solves problems for those that I help/cure and I do get great satisfaction out of that aspect of my life. But on the other hand it's a job and it doesn't go on passively at all when I travel.

Curious about your "You are doing what you are because you want to do them." comment, wondering how you would reflect on that? Should I be doing things I don't want to do? Would I have freedom if I did things I hated? I think solving problems can be done both from the fastlane (better) and from the sidewalk (not so good financially), but overall both can help solve problems.

One great thing I took from your comment was to focus on systems. I definitely need to do more of this.

Again, appreciate the comments and the outside opinions and perspectives.
Sorry, I didn't mean to offend you whatsoever. Especially because you are clearly giving value. I probably could have worded that better.

This I think will explain what I saw better and answer your question. One of the concepts in MJ's book is that an entrepreneur provides solutions to another's problem. The market is indifferent to what you want. Take the app idea that you have. Apps can make a lot of money, but from what you wrote, the reason why you are pursuing that is because you want to make an app. Not necessarily because your app solves a problem. It might very well solve a problem that you didn't mention (in which case sorry for judging you). Not saying to do something you hate, but if you want a Fastlane business it needs to be something the market wants.
 
OP
OP
Court

Court

Contributor
Sep 5, 2018
12
25
17
USA
Hi Court,

I found this fascinating. I also came from a poor family, and a single mother. There are so many people that seem to succumb to that environment and very few that rise above it! Kudos on everything you've gone after! The most successful people I know, have been willing to jump into more experiences than anyone else. I definitely don't think you're on the sidewalk. You're playing on offense and asking questions. You mentioned you're a father... And you're curious about where to focus your energy... Can you paint me a picture, of the ideal legacy you'd want to leave your family?
Steven D.

Great question and requires some introspection for sure. I have 5 kids and so I work to teach them the value of hard work and being productive. I want to leave them better off then I am, which is a tall order. I worry about enabling vs helping. My ideal for sure would be for them to be happy, honest, productive members of society who enjoy their work, family and lives. Also would love to provide support for my grandkids and generations beyond with similar help that is useful and productive to their lives.

I am friends with many wealthy families and have seen the destructive side of money on generations of wealth. I want to help my kids and not hurt them with money.
 
OP
OP
Court

Court

Contributor
Sep 5, 2018
12
25
17
USA
Sorry, I didn't mean to offend you whatsoever. Especially because you are clearly giving value. I probably could have worded that better.

This I think will explain what I saw better and answer your question. One of the concepts in MJ's book is that an entrepreneur provides solutions to another's problem. The market is indifferent to what you want. Take the app idea that you have. Apps can make a lot of money, but from what you wrote, the reason why you are pursuing that is because you want to make an app. Not necessarily because your app solves a problem. It might very well solve a problem that you didn't mention (in which case sorry for judging you). Not saying to do something you hate, but if you want a Fastlane business it needs to be something the market wants.

Byte,

Thanks for clarifying. That does help. My app idea did originate from a problem I see with gaming and kids today. It solves a problem I see.... not sure the world will agree though. I like how you are helping me to focus on the books point that producers solve problems. I totally get that from the sidewalk perspective and from the fastlane, I just need to be sure I am doing it from the fastlane side. I think for me another big difference in the two worlds is the volume of business you do. My medical practice solves problems, just one patient at a time. Internet/apps and many other businesses can solve problems simultaneously in larger volume. Totally agree with you that market driven is key. I read another thread on here about Sharks/investors being a detriment to finding true market driven solutions. Whats your thoughts on that? (If this is answered in the book and I missed it... hopefully I'll catch it soon.
 

Nick M.

Bronze Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Jul 13, 2018
89
127
129
Byte,

Thanks for clarifying. That does help. My app idea did originate from a problem I see with gaming and kids today. It solves a problem I see.... not sure the world will agree though. I like how you are helping me to focus on the books point that producers solve problems. I totally get that from the sidewalk perspective and from the fastlane, I just need to be sure I am doing it from the fastlane side. I think for me another big difference in the two worlds is the volume of business you do. My medical practice solves problems, just one patient at a time. Internet/apps and many other businesses can solve problems simultaneously in larger volume. Totally agree with you that market driven is key. I read another thread on here about Sharks/investors being a detriment to finding true market driven solutions. Whats your thoughts on that? (If this is answered in the book and I missed it... hopefully I'll catch it soon.
I have no experience with sharks/investors. Otherwise, I would totally try to answer that. I don't remember reading anything about it. But then again, everyone can miss details. Maybe someone else here has thoughts on sharks/investors hurting true market driven solutions?
 

Steven D.

New Contributor
Sep 6, 2018
12
7
15
Hawaii
Steven D.

Great question and requires some introspection for sure. I have 5 kids and so I work to teach them the value of hard work and being productive. I want to leave them better off then I am, which is a tall order. I worry about enabling vs helping. My ideal for sure would be for them to be happy, honest, productive members of society who enjoy their work, family and lives. Also would love to provide support for my grandkids and generations beyond with similar help that is useful and productive to their lives.

I am friends with many wealthy families and have seen the destructive side of money on generations of wealth. I want to help my kids and not hurt them with money.
Hi Court! Love that answer. If I'm interpreting it correctly, you want to give them a financial education so your 5 children can teach their children and continue a legacy of success and prosperity with money. I believe money is emotion, and I've also experienced the Dark side of money... It seems that money only magnifies what we already are. I.E. A generous person magnifies their ability to contribute. Your desire for your children to exceed your accomplishments is admirable. I want to instill in my children that the only person they should surpass is the person they were yesterday.
 

Steven D.

New Contributor
Sep 6, 2018
12
7
15
Hawaii
I have no experience with sharks/investors. Otherwise, I would totally try to answer that. I don't remember reading anything about it. But then again, everyone can miss details. Maybe someone else here has thoughts on sharks/investors hurting true market driven solutions?
That's really interesting! I'm not aware of sharks and investors hurting market-driven solutions... Although, I read a fascinating article about the damage that Passive investors are doing to the market with passive investing. Is Passive Investment Actively Hurting the Economy?
 
OP
OP
Court

Court

Contributor
Sep 5, 2018
12
25
17
USA
Hi Court! Love that answer. If I'm interpreting it correctly, you want to give them a financial education so your 5 children can teach their children and continue a legacy of success and prosperity with money. I believe money is emotion, and I've also experienced the Dark side of money... It seems that money only magnifies what we already are. I.E. A generous person magnifies their ability to contribute. Your desire for your children to exceed your accomplishments is admirable. I want to instill in my children that the only person they should surpass is the person they were yesterday.
I like your equating money to emotion. Interesting take on it... and agree 100% that money amplifies a persons character. This can be seen both positively and negatively. Rich dirt bags are just bigger dirt bags. And the generous become even more kind and generous. What do you do for a business? Are you 100% in the fastlane?
 

Steven D.

New Contributor
Sep 6, 2018
12
7
15
Hawaii
I like your equating money to emotion. Interesting take on it... and agree 100% that money amplifies a persons character. This can be seen both positively and negatively. Rich dirt bags are just bigger dirt bags. And the generous become even more kind and generous. What do you do for a business? Are you 100% in the fastlane?
I couldn't agree more! I produce Training Material for Professionals to influence and excel in their lives: Professional Persuasion | Udemy
I'm in the Fast Lane and my mission is Growth and Contribution. I want people to be successful and achieve their dreams. Whatever they are, I'm committed to providing every resource I have to build others up. I've also written my first book, attached to this reply. Do you feel like you're ahead of your expectations for yourself, or behind, at this point in your life Court?
 

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Court

Court

Contributor
Sep 5, 2018
12
25
17
USA
Wow great story and your avatar pic is making me hungary lol. What is a MLM? Just wondering.

Also it is something to note that some of the happiest people in the world are the poorest. Some of the most successful entrepreneurs started out poor because they had something that drove them.

You said that you had a teacher that told you that you are a natural born leader and look at you now. This reminds me of one of my favorite older books called "How to win friends and influence people" by Dale Carnegie. In the book he talks about a situation just like that except the boy was the biggest trouble maker in the class. After the teacher told him that he was a leader and that she expected him to be the leader of the class, the boy's behavior changed. He went on to be very successful and a leader from then on I can't remember what exactly it was but the principle is very true. That belief was instilled in him and completely changed his mindset, the events of his life and the way he turned out.

But yea that's amazing I wish you the best of luck.
Chaz,

Thanks for reading and comments. Hard to know if I was the troublemaker back then... haha! MLM stands for Multi-level marketing/ network marketing type of company. The company we had was a home party plan style of business. Mostly women having home parties and selling our product at trade shows. The power of network marketing is big. The pros at it build their networks and downlines over a lifetime. They jump into multiple companies and leverage their past experience/influence/teams into big teams and then big money. What do you do with your life? What brought you to the forum?
 

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OP
OP
Court

Court

Contributor
Sep 5, 2018
12
25
17
USA
I couldn't agree more! I produce Training Material for Professionals to influence and excel in their lives: Professional Persuasion | Udemy
I'm in the Fast Lane and my mission is Growth and Contribution. I want people to be successful and achieve their dreams. Whatever they are, I'm committed to providing every resource I have to build others up. I've also written my first book, attached to this reply. Do you feel like you're ahead of your expectations for yourself, or behind, at this point in your life Court?

I will check out your book and your business. Congrats on the fastlane... and thanks for the input and discussion. As far as question about where I am with expectations I think its some of both. I made the mistake of not writing down concrete goals when I was young. I had them in my head, but they were very superficial. I knew I wanted to be more successful then my parents (done), I wanted to be financially successful (done), I wanted to own and run a business (done, but not nearly to the size/scale/success level I desire). As I have matured and experienced different lessons in life I have now worked on concrete goals. I think overall I am on track, lots of room for improvement though.
 

Chaz Heasley

New Contributor
Sep 6, 2018
9
7
15
Chaz,

Thanks for reading and comments. Hard to know if I was the troublemaker back then... haha! MLM stands for Multi-level marketing/ network marketing type of company. The company we had was a home party plan style of business. Mostly women having home parties and selling our product at trade shows. The power of network marketing is big. The pros at it build their networks and downlines over a lifetime. They jump into multiple companies and leverage their past experience/influence/teams into big teams and then big money. What do you do with your life? What brought you to the forum?
Well that's interesting I've never heard of MLM. I've been working as a union carpenter for the past year now and I have mostly been into real estate investing for over 3 years now. I came to the forum because I wanted to learn more about entrepreneurship and starting a business in general for real estate investing or if I decide to eventually branch off into other business avenues.

Chaz Heasley
Handy Homeowners Market
 

Steven D.

New Contributor
Sep 6, 2018
12
7
15
Hawaii
I will check out your book and your business. Congrats on the fastlane... and thanks for the input and discussion. As far as question about where I am with expectations I think its some of both. I made the mistake of not writing down concrete goals when I was young. I had them in my head, but they were very superficial. I knew I wanted to be more successful then my parents (done), I wanted to be financially successful (done), I wanted to own and run a business (done, but not nearly to the size/scale/success level I desire). As I have matured and experienced different lessons in life I have now worked on concrete goals. I think overall I am on track, lots of room for improvement though.
Aloha Court!
We'll probably never reach our full potential, because our potential doesn't have limits. It's good to hear you're on track, most people are playing catch-up. One of my mentors once told me "If you knew what it felt like to be old, you'd prepare when you were young" I found this really useful app called "Stickk" for Goals. I've seen it bring tremendous value to other people including myself. Goals were also a big improvement point for me... Your business experience intrigues me... Do you still own and operate the MLM Business you mentioned or have you sold?
 

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Damn this is impressive. You got a huge amount of students on there and great reviews. Great work Lex.
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