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Rep bank $0? How it mimics your real life bank.

Discussion in 'The Unscripted Entrepreneurial Mind' started by MJ DeMarco, Jan 8, 2017.

  1. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Admin Post
    How the forum's REP BANK concept mimics a real FASTLANE...

    First, let me say that this thread excludes @Yoda who gives away ALL of his rep bank as he earns it. Had he not be so charitable, he'd be one of the forum's richest.

    Anyhow, I thought this needed its own thread.

    @MidwestLandlord made an interesting comment here ... I thought it needed special attention. If you enjoy this post, share the REP with him.

    The Fastlane Forum's REP BANK concept is actually a microcosm of a REAL FASTLANE.

    Think about it.

    The value you add here, say a great post, a GOLD thread; a funny comment, it exists in perpetuity. It exists seperate from your time and has the opportunity to help people 24/7. As more and more eyeballs read your value, you collect REP DOLLARS. These REP DOLLARS collect 24/7, no matter what you are doing.

    You could be sleeping.
    You could be traveling.
    You could be at the gym.

    In other words, your value bombs here are your unique pieces of work offered to the community, work that never goes dark and always is working for you, collecting views, likes, and rep transfers.

    While you are away, your REP BANK grows. While I sleep, my REP BANK grows by hundreds of dollars every single day. Oddly enough, my REAL BANK does the same except with REAL DOLLARS.

    Why?

    I've thrusted VALUE out into the WORLD community and get paid REAL $$. Every. Single Day.

    I've thrusted VALUE out into the FORUM community and get paid REP $$. Every. Single. Day.

    Want to make money 24/7?

    Start producing value that exists in space-time separate from your time.
     
  2. jon.a
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    jon.a Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    I'd like to see a reset.
    I'd bet my rep in time the stats would be similar.
     
  3. theag
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    theag Most Aggressive Guy on the Internet on the Planet Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    My fastlane forum wealth is mainly built on a quicksand-like legacy of Emma Watson memes. :cigar:
     
    Aleph, Roz, Hugh Nivers and 35 others like this.
  4. Thiago Machado
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    Thiago Machado Silver Contributor I've Read UNSCRIPTED Speedway Pass

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    Makes me think of 2 things:
    • The lottery winners who lose everything and never get it back.
    • The millionaires who lose everything, start over, and make their millions again.
    Fastlane is a mindset.
     
    Last edited: Jan 8, 2017
  5. LifeTransformer
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    LifeTransformer Silver Contributor Read Millionaire Fastlane Speedway Pass

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    I tend to do what Yoda does (although I've not provided anywhere near his level of value yet).

    It has created some interesting conversations via PM's I may not have otherwise had.
     
    Last edited: Jan 8, 2017
  6. Unknown
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    Unknown Fastlane-ish Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    I'm pretty sure that giant legendary contributor badge disproves this :p
     
    ZF Lee and jon.a like this.
  7. G-Man
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    G-Man Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    People just give you rep because nobody wants Putin on their a$$. :D
     
    Roz, The_Saphir, Xeon and 10 others like this.
  8. G-Man
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    G-Man Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    I remember when I knew everything because I'd spent my first semester at college....

    Me: Dad, don't you think it's wrong that there's like 6 billion people in the world and a few of them have all the money?

    Dad: Right or wrong, if you divided that money up 6 billion ways evenly, in 10 years the same people would have it again.

    Me: How would they do that?

    Dad: Same way they got it the first time, genius.
     
    Anandb, SWSSMSS, Timmy1990 and 64 others like this.
  9. Scot
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    Scot Ductus Exemplo Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    I had this conversation with another forum member the other day. I treat this forum like a networking event or like work.

    With the exception of off topic threads, I never post anything without wondering if it will give value.

    Because this forum is full of people who are willing to share their hard earned knowledge. What if I act like a fool and need help on a copywriting question. Would Lex ignore me?

    What if I had a great idea and start a progress thread, would guys like Midwest or Kak, who might have great input pass it by when they see my name?

    I've seen it time and time again on this forum where people who give value get value in return and people who post lazy questions get nothing or ridicule.

    You fight like you train.

    This forum isn't real business, but how you act here is probably how you'll approach real business.
     
    Aleph, SoftStone, Roz and 43 others like this.
  10. SteveO
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    SteveO Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Years ago, I contributed a lot of advice with regards to real estate investing. There were more people interested in RE. Most people on the forum are looking for information to help with online businesses. Can't help much there.

    Most of my input these days has to do with outlook on life.

    Giving advice helps me to assess my own situations.
     
    Gepi, Roz, Red and 36 others like this.
  11. MidwestLandlord
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    MidwestLandlord Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Haha, I'm not even close to being in the same league as @Kak , but I do want to be like him when I grow up.
     
    Roz, Tommo, Xeon and 11 others like this.
  12. MidwestLandlord
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    MidwestLandlord Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Yep. If anyone here fears a rep reset, they should probably ask themselves why.
     
    Roz, JAJT, Michael Moore and 9 others like this.
  13. thinkandgrowrich
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    thinkandgrowrich Bronze Contributor Speedway Pass

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    Provide value and you will be rewarded in one way or another, tangibly or intangibly.

    MJ done change alotta people's lives and ways of thinking, God bless you lol.
     
    Andy Black likes this.
  14. Vigilante
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    Vigilante Legendary Contributor Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    With the new forum I think there should be a reset to zero.
     
    Xeon, The-J, Greg R and 14 others like this.
  15. jon.a
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    jon.a Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    I think that it would be an interesting social experiment.
     
    Siberia, OldFaithful, Supa and 7 others like this.
  16. G-Man
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    G-Man Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    If by "interesting social experiment" you mean online apocalyptic mayhem, then yes.

    I'm still down, though. I need more mayhem in my day.
     
  17. TKDTyler
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    TKDTyler Gold Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    We could donate all of our rep to @Yoda... ;)
     
    Roz, Out of Touch, SteveO and 10 others like this.
  18. Waspy
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    Waspy Float like a butterfly Read Millionaire Fastlane Speedway Pass

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    That's just cruel. Would take him years to get rid of it again.

    Lift on the $100 limit?
     
  19. Andy Black
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    Andy Black Any colour, as long as it's red. Staff Member Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    I'd like to know how much total rep @Vigilante has given away...
     
    DeletedUser052 likes this.
  20. Vigilante
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    Vigilante Legendary Contributor Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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  21. TKDTyler
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    TKDTyler Gold Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    All his donations have been to shell accounts to siphon rep into his offshore bank account. He's been prepared for that reset.
     
  22. jasoncuellar123
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    jasoncuellar123 I’m probably awake. Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    vq6Xd.gif
     
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  23. Raoul Duke
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    Raoul Duke I am here for your DATA. Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass Summit Attendee

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    Yeah, it go so bad that GrumpyCat was getting grumpier. lol
     
  24. Dwight Schrute
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    Dwight Schrute Ludicrous Speed Read Millionaire Fastlane Speedway Pass

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  25. Raoul Duke
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    Raoul Duke I am here for your DATA. Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass Summit Attendee

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    [​IMG]

     
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