What does the Insiders look like?

[JAJT]

Need is such a strong word. I know the ebay thing is about to blow up once I can afford to buy other things (Like importing from china) than the dollar store item plus my sellers limit is soon to be 10 items.

I get that someone your age feels "above" having a job but it's simply not the case.

The fact is, you can't afford $30 and are justifying your unemployment through unproven and lofty future business expectations.

You say you sell things on ebay for "good profits" but can't sell more than 5 items per month?

Come on man.

You could get a job at McDonalds TODAY almost anywhere in the world and be making minimum wage. Call it $7.25 an hour. Work full time (or get a second fast food job to make it full time hours). That's $58 a day, $290 per week, $1,160 per month.

Until you have a history of profiting more than $1,160 per month doing anything (ebay, whatever), you should probably consider just getting a damn job.

How much could you import for $1,160 per month?
How much faster could you increase your seller limits with that cash?
How many different things could you try and fail with that cash?

By all accounts you are doing things the hard way by being stubborn about work.

A wealthy mindset doesn't include being stubborn about having a job. A wealthy mindset is about making the best out of the situation you have. Whether that's working one job, two jobs, three jobs, hustling your a$$ off, flipping things on the classified ads, hauling scrap to the scrap yard, starting your own door to door lawn care company - whatever.

You hustle to bring in the cash needed to start your mini empire.
A wealthy mindset isn't arguing the semantics of whether someone with no money "needs" a job.

 

[Yoda]

@papi016

Tell you what.

I need to re-activate my subscription, since it's just recently gone out. I'll buy you a 3 month subscription, too, so you can get a glimpse.

But, first, I need something from you.​

Good news is, it won't cost you anything but time, of which you have more than enough, it seems.

Bad news is, you may have to interrupt your little routine and do something actionable.

I'll give you 24 hours to respond.

 

[Almantas]

Hi,

I was lying in my bed rolled up like a lovely cinnamon bun and reading through forum posts and stumbled on yours. I immediately jumped out of my bed into a room full of darkness and cold so I could write a reply to you. Yes, it's that serious, so pay some attention to what I got to say!

Usually I don't post figures, but this forum is like my family so let's roll...

I started working at 14, while studying in secondary school. At 19 I got accepted into University, I continued working throughout it. I left University at 22 and jumped into a Full Time employment until 23. I managed to put aside roughly €80k. I was independent, relatively wealthy by most people's standards and felt great...

At 23 I've invested €20k into my first venture. Then another €20k. And another...until my funds had completely dried out. My entire almost 10 year savings dried out in roughly a year...how does it sound? Pretty f*cked up I guess. Listen what happened next...

A guy with a €80k bank balance and good career/academic track record turned into a bum due to depression. I was living off welfare for some time. Hard working folks were paying for my a$$ lying in bed almost entire year. Single mother, struggling to take care of her child was paying for my FAT DEPRESSED a$$ lying in bed... and you know what? I refused to get a job. Wanna hear what followed next? Bring out children of your room and skip the next step if you have heart problems my friend...

I got swallowed into a darkness. Everyday became a day of helplessness. I felt guilty of living off welfare, but was too weak to stand up on my feet. I felt like ending my life and I tried. I had cut my wrists wide open and waited for it all to end. But it didn't (otherwise I wouldn't be posting here). I came back from hospital and the trip into F*ckMe land continued. For almost entire time living off welfare I was in agony. I felt like a piece of shit for living at my mom's and not contributing as much as I could've if I worked somewhere and tried to steer myself onto the highway again, but I didn't...

I'm literally writing this with tears in my eyes now. You could never guess how it feels turning from an independent guy with a solid sum saved to a bum who is too weak to even make his own bed and lives of hardworking people. I wanted to stand up and help, but I was too weak. I couldn't. If there's hell under the hell I was there and came back. My scars on wrists remind me of that trip to this day.

What I am trying to say is this...you're a healthy young lad with a burning desire within yourself. That's fantastic! Except one thing...don't repeat my mistakes and leave your victim mentality and prejudice at home. Get a job, preferably one in sales, marketing...or just any job! You'll be able to save a lot more cash, gonna feel hell better about yourself, and who knows what doors gonna open for you...maybe you'll find a gap in the market while working for someone and filling that single gap will result in a financial independence for the rest of your life? Get off your a$$ and get some dirt on your face my friend or you'll end up in the place I've visited once and never want to come back again in my life.

P.S. Sorry for my grammar errors. This was pretty emotional shit TBH.

 

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[JAJT]

Thank you papi016 for at least considering what we've had to say.

Believe me when I say it's rare to hear that in threads like these.

Also I feel like if I get a job I might grow content with the $1160 a month.

Don't take this the wrong way, but this is the thought process of a child who has yet to start their adult life.
If you want to do just about anything in life, you'll need more than this.
The only way to become content with $1k per month is if you never move out and never pay your own bills.

Besides, as MJ said, your job should provide the necessary income to fuel your goals.
If your goals are wealth, your own business, etc... then use your job to fuel your business.

A job is an infinitely renewable source of "burn" money in your situation. And by "burn" I mean you can throw 100% of that cash towards testing things out, bringing in inventory, testing business models, etc... and every month you get it again to play with.

Throw $1,000 towards ads, and if it doesn't work, throw another $1,000 next month.
Bring in $1,000 worth of widgets, try to sell them, try again next month.
Once something starts working, throw the money towards scaling it - more ads, more products, more tests.

A job is an accelerator. Particularly useful for the young who haven't left the nest yet - you have no rent. No food bill. No car. No expenses. A job for you means more entrepreneurial flexibility than most adults get.

Consider it.

 

[Raoul Duke]

You say you want to join the INSIDERS. But, you have no money other than $20 here and there. So, how exactly will the INSIDERS help you? I bet you haven't searched the OUTSIDE yet. You need to get a job as well. Helps build work ethic, discipline, character, etc...

Also, while everyone has been generous helping you. You may want to show generosity back, by hitting the "like" button.

Here:
Notable! - "Tell me the exact steps" (OK, here are all 67 of them.)
GOLD - Getting started is this simple...
GOLD - 15 Days to Freedom - Make Money Copywriting in 15 Days or Less
GOLD - How to Make $1,000 a Week with no Degree, no Feedback, & no Portfolio.
GOLD - How to Learn Code, Start a Web Company, $15k+ per month within 9 months
GOLD - So you want to know the EXACT steps on how to import and sell products on Amazon? Here you go:
GOLD - How I find suppliers for my Ecommerce Stores
GOLD - Just Imported My First Sea Shipment: Here's what that process looks like
GOLD - Ask me anything about eCommerce (Ongoing)
GOLD - Sharing my lifetime experience in export/import. Product sourcing specialist.
GOLD - A Hustler's Guide To Buying And Selling Anything (Part 1)
GOLD - A Hustler's Guide To Buying And Selling Anything (Part 2)

 

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[jon.a]

He has an eBay business... haven't you been following this thread? Here's his formula:

1. Gets $40/mo from Dad
2. Buys 5 items a month from the Dollar Store with the money
3. Resells items on eBay
4. Profit

Silly me, his business model went right over my old gray head. I must have had a senior moment.

 

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[MJ DeMarco]

I plan on becoming an INSIDERS as soon as I can afford the 1 year subscription.

Don't think an INSIDERS subscription will help you at this stage of your life.

1) Get a job.
2) Learn how to save and invest money.
3) Get off welfare, whether it be government or grandpa.
4) Continue your entrepreneurial dreams, not just with eBay and importing, but overall. (Congrats on doing this already.)
5) When you encounter obstacles and challenges with your business progress and growth, then consider joining.

Also I feel like if I get a job I might grow content with the $1160 a month.

The job is there to pay your bills and give you some options in growing your business. Some jobs also expose you to opportunity. If $1160/mo turns into a new toy, then you don't want it bad enough and entrepreneurship is really viewed as a lottery ticket.

 

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[jon.a]

This could have gotten very ugly. Well done to everyone!

 

[Thoelt53]

There’s more action and less stupid questions on the inside.

 

[MJ DeMarco]

I currently do not have a subscription due to lack of funds

I heard MJ mention once in a podcast about his option trading strategy I am very interested in that

IMO, that thread is worth millions if someone is willing to spend some time in it. Unfortunately, if you don't have much money to work with, it is hard to implement. It can be attempted with $10K minimum, but $100K is more advisable.

So if you have "no funds", that thread will only be eye-opening and educational.

There’s more action and less stupid questions on the inside.

At least we try.

 

[Thoelt53]

I'll tell you a little bit about myself I am a 21 year old kid who dropped out of college & is staying with my grandparents I have a father who sees me every other week and gives me a 20 every time he sees me.


Ive been using the money my dad gives me every now and then & buying things at the local dollar store & selling it on ebay for a decent profit right now my ebay has a sellers limit of only letting me sell 5 items a month. I plan on becoming an INSIDERS as soon as I can afford the 1 year subscription.

I'll tell you a little bit about myself I am a 21 year old kid who dropped out of college & is staying with my grandparents I have a father who sees me every other week and gives me a 20 every time he sees me.


Ive been using the money my dad gives me every now and then & buying things at the local dollar store & selling it on ebay for a decent profit right now my ebay has a sellers limit of only letting me sell 5 items a month. I plan on becoming an INSIDERS as soon as I can afford the 1 year subscription.

You need a job my friend.

 

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[MidwestLandlord]

I heard MJ mention once in a podcast about his option trading strategy I am very interested in that and also building a money system.

I wish I could put into words how bad I want that "Passive Income" system MJ talks about in Unscripted .

The INSIDERS's doesn't contain some magical short-cut where you get to skip the hard work part and go directly to a "passive" income money tree. (passive in quotations because there's really no such thing anyway)

A "passive" income system is where the saying "it takes money to make money" actually has a ring of truth to it (it's a bullshit saying in most situations though)

I trade options. Trust MJ when he say's $100k is a more advisable place to start with it. This has been my experience as well, as I started with far less than $100k in my account.

Options trading and other "passive" investments are like stomping the accelerator on your wealth vehicle, but you gotta build the vehicle first!

Also, good work taking the advice here with an open mind and positive attitude. (keep it up!)

 

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[MJ DeMarco]

The INSIDERS's doesn't contain some magical short-cut where you get to skip the hard work part and go directly to a "passive" income money tree.

+1

Options trading and other "passive" investments are like stomping the accelerator on your wealth vehicle, but you gotta build the vehicle first!

Also, good work taking the advice here with an open mind and positive attitude. (keep it up!)

I think metaphors are the best way to expose short circuits in logic and thought.

Here's one for what you just described.

Q: NFL teams are extremely profitable and it's my dream to own one. Can someone give me the secret to buying a NFL Team?

A: Yes, build a business that makes you a billionaire.

Also, good work taking the advice here with an open mind and positive attitude. (keep it up!)

+1

 

[EvanOkanagan]

Okay, your 21 no job and no money, just wtf exactly do you do?

He has an eBay business... haven't you been following this thread? Here's his formula:

1. Gets $40/mo from Dad
2. Buys 5 items a month from the Dollar Store with the money
3. Resells items on eBay
4. Profit

 

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[AllenCrawley]

 

[MJ DeMarco]

Any advice on the interview process, seeing in the past this was a major obstacle for me because I always used to not show up.

Show you will be a valuable team member. Steer clear of "what's in it for me?" stuff ... stuff like, how many breaks do I get? When is my first raise? What benefits will I get? While that is important stuff, remember, you're being hired for a purpose.

BTW, the fact that you are willing to work a fast-food job speaks volumes. To me, that's like a predictor of future success as it shows you are willing to do whatever it takes, and aren't driven primarily by ego. Kudos and high-fives to you my brotha...

 

[jon.a]

Okay, your 21 no job and no money, just wtf exactly do you do?

 

[Thoelt53]

I'll tell you a little bit about myself I am a 21 year old kid who dropped out of college & is staying with my grandparents I have a father who sees me every other week and gives me a 20 every time he sees me.


Ive been using the money my dad gives me every now and then & buying things at the local dollar store & selling it on ebay for a decent profit right now my ebay has a sellers limit of only letting me sell 5 items a month. I plan on becoming an INSIDERS as soon as I can afford the 1 year subscription.

Need is such a strong word. I know the ebay thing is about to blow up once I can afford to buy other things (Like importing from china) than the dollar store item plus my sellers limit is soon to be 10 items.

Do you mind me asking what do you do?

I work a job. I’ve been doing some local lead gen via AdWords for some supplemental income to fund my next business.

The need I will be fulfilling in my next business I discovered working at my job. If not for that job I wouldn’t have come up with the idea in a million years.

The sweetest bit is that I realistically expect this to be my first moderately successful business. All thanks to a job.

You need a job.

 

[G-Man]

Do you receive government assistance? Are my tax dollars paying for you to say things like “need is such a strong word”?

If not that, then you’re what, leeching off your grandma? Taking advantage of an old lady?

 

[GuestUser4aMPs1]

You say you want to join the INSIDERS. But, you have no money other than $20 here and there. So, how exactly will the INSIDERS help you? I bet you haven't searched the OUTSIDE yet. You need to get a job as well. Helps build work ethic, discipline, character, etc...

Also, while everyone has been generous helping you. You may want to show generosity back, by hitting the "like" button.

Here:
Notable! - "Tell me the exact steps" (OK, here are all 67 of them.)
GOLD - Getting started is this simple...
GOLD - 15 Days to Freedom - Make Money Copywriting in 15 Days or Less
GOLD - How to Make $1,000 a Week with no Degree, no Feedback, & no Portfolio.
GOLD - How to Learn Code, Start a Web Company, $15k+ per month within 9 months
GOLD - So you want to know the EXACT steps on how to import and sell products on Amazon? Here you go:
GOLD - How I find suppliers for my Ecommerce Stores
GOLD - Just Imported My First Sea Shipment: Here's what that process looks like
GOLD - Ask me anything about eCommerce (Ongoing)
GOLD - Sharing my lifetime experience in export/import. Product sourcing specialist.
GOLD - A Hustler's Guide To Buying And Selling Anything (Part 1)
GOLD - A Hustler's Guide To Buying And Selling Anything (Part 2)

^^ What he said.

At the VERY least, you can get a part time job where you're allowed downtime, and make up the difference with a side hustle.

I worked in Tech Support for 1.5 years at $9/h, 20 hours a week.

When we didn't have any support requests coming in, we were allowed to work on whatever we wanted, even on the clock.

While everyone else was dicking around on Facebook during downtime, I was reading and working on business.

The same can be done (I imagine) for jobs like a front desk receptionist at a hotel where there's lots of downtime.

So if you're going to get a job, at least choose something that 1: Isn't mentally draining/leaves you exhausted and 2: Allows a lot of downtime.

Who knows. You might be able to build a business straight from your desk at work.

 

[biophase]

Need is such a strong word. I know the ebay thing is about to blow up once I can afford to buy other things (Like importing from china) than the dollar store item plus my sellers limit is soon to be 10 items.

Do you mind me asking what do you do?

Lol read what you just wrote. eBay will blow up once you can afford to buy things.

Guess what, if you got a job two months ago you would have $2000 to buy the things that you can’t afford to buy right now. A job will get you to where you want to go quicker.

Now if you think that making $1100 a month will make you content then you have no business trying to start a business. What you are saying is that once you make $1100 if you were going to spend it on yourself and not buy the stuff that you wanted to buy from China that you mentioned above.

Basically you just said two things that are the exact opposite of each other, so which is the real reason?

 

[ZCP]

Challenge: create enough value / bootstrap / hustle to get enough money to pay for your first year subscription. get it done in the next two weeks.

show some initiative instead of excuses and my guess is you may just get a sponsor for your second year....

 

[Lex DeVille]

+1



I think metaphors are the best way to expose short circuits in logic and thought.

Here's one for what you just described.

Q: NFL teams are extremely profitable and it's my dream to own one. Can someone give me the secret to buying a NFL Team?

A: Yes, build a business that makes you a billionaire.




+1

Q: Amazon best sellers are extremely profitable. Can someone give me the secret to launching one?

A: Yes, write a book full of metaphors.

 

[c_morris]

"If you aren't willing to work for the minimum, how can you expect to work for nothing?"

@MJ DeMarco

 

[Andy Black]

I've was a self-employed IT contractor from the year 2000 to 2009. I then decided to help an out of work electrician. I stumbled across a different skill that could help people more directly.

I took two jobs to reskill and get more experience. The amount I earned fell to a quarter what it was previously.

Then I went back IT contracting to bring in more revenue and bootstrap my current venture.

I've been freelancing for the last few years with my new skills, then building a small team and switching from higher paid consulting/freelancing gigs to lower paid but lower maintenance recurring-revenue clients.

The war-chest sometimes has mothballs while I make this change. That's ok. I can take a "step backwards" and be a higher paid consultant for a few gigs and bring in more revenue to fund my team.

I've always said I'd flip burgers if I had to (except it would never pay enough to keep a roof over our heads).


The easiest way for you to make money is probably to sell your time or skills.

Enjoy the journey. The fun is in the squiggly bits on the map...

 

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[JAJT]

I currently do not have a subscription due to lack of funds

Isn't it $20-30 for 3 months?

Surely you could find $20-30 if you wanted to.

I don't claim to know your situation of course but I'm just pointing out that it's hard to believe someone who sees the value in the subscription couldn't scrounge up the money for it.

 

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[papi016]

I get that someone your age feels "above" having a job but it's simply not the case.

The fact is, you can't afford $30 and are justifying your unemployment through unproven and lofty future business expectations.

You say you sell things on ebay for "good profits" but can't sell more than 5 items per month?

Come on man.

You could get a job at McDonalds TODAY almost anywhere in the world and be making minimum wage. Call it $7.25 an hour. Work full time (or get a second fast food job to make it full time hours). That's $58 a day, $290 per week, $1,160 per month.

Until you have a history of profiting more than $1,160 per month doing anything (ebay, whatever), you should probably consider just getting a damn job.

How much could you import for $1,160 per month?
How much faster could you increase your seller limits with that cash?
How many different things could you try and fail with that cash?

By all accounts you are doing things the hard way by being stubborn about work.

A wealthy mindset doesn't include being stubborn about having a job. A wealthy mindset is about making the best out of the situation you have. Whether that's working one job, two jobs, three jobs, hustling your a$$ off, flipping things on the classified ads, hauling scrap to the scrap yard, starting your own door to door lawn care company - whatever.

You hustle to bring in the cash needed to start your mini empire.
A wealthy mindset isn't arguing the semantics of whether someone with no money "needs" a job.

Thanks for taking the time out of your day to write this. I never really looked at it that way. The way I see it is if I had a job it would take away from my routine I have basically what I do is

1. 5:30 AM-7:00 AM: Wake up go to the rest room do what I gotta do. Read for about an hour.
2. 7:00 AM-11:00 AM: Researching products to import while looking for the dollar store equivalent of that product while listening to podcast usually Joe Rogan.
3. 11:00 AM- 1:00 PM: Do my little workout routine after workout I have my 1st meal Im currently doing an IF(Intermittent Fasting) routine
4. 2:00 PM-4:00 PM Do some house/yard work. After might eat again
5. 5:00 PM-9:00 PM I'm reading its usually the same books over & over again dont want to get influenced too much from other books. This is due to change once I start having real "problems" I'll have to start reading books about those problems.
6. They its time to catch some

I didn't mention TV in there because I only limit that to Saturdays & only watch like 30 mins any Dragon Ball Super Fans out there.
Also I feel like if I get a job I might grow content with the $1160 a month. & might not want to leave. I wish I could put into words how bad I want that "Passive Income" system MJ talks about in Unscripted . Ive been reading this book by this guy named Scott Adams he talks about what are you willing to pay to get what you want. I don't have a social life, I don't drink, do drugs like a lot of my peers & I'm fine with that because I know its going pay off in the long run.
Sorry for this "rant" man thanks again for the advice

 

[Thoelt53]

Thanks for taking the time out of your day to write this. I never really looked at it that way. The way I see it is if I had a job it would take away from my routine I have basically what I do is

1. 5:30 AM-7:00 AM: Wake up go to the rest room do what I gotta do. Read for about an hour.
2. 7:00 AM-11:00 AM: Researching products to import while looking for the dollar store equivalent of that product while listening to podcast usually Joe Rogan.
3. 11:00 AM- 1:00 PM: Do my little workout routine after workout I have my 1st meal Im currently doing an IF(Intermittent Fasting) routine
4. 2:00 PM-4:00 PM Do some house/yard work. After might eat again
5. 5:00 PM-9:00 PM I'm reading its usually the same books over & over again dont want to get influenced too much from other books. This is due to change once I start having real "problems" I'll have to start reading books about those problems.
6. They its time to catch some

I didn't mention TV in there because I only limit that to Saturdays & only watch like 30 mins any Dragon Ball Super Fans out there.
Also I feel like if I get a job I might grow content with the $1160 a month. & might not want to leave. I wish I could put into words how bad I want that "Passive Income" system MJ talks about in Unscripted . Ive been reading this book by this guy named Scott Adams he talks about what are you willing to pay to get what you want. I don't have a social life, I don't drink, do drugs like a lot of my peers & I'm fine with that because I know its going pay off in the long run.
Sorry for this "rant" man thanks again for the advice

@MJ DeMarco nailed every point.

I just want to add that you are just as complacent now, as you could be earning $1,160 a month.

The flip side?

You could have $1,160 more, per month, than you do now.

Something to think about.

 

[papi016]

Quick little update so I've been applying like crazy to all of the local jobs around my area mostly fast food joints, walmart etc. Any advice on the interview process, seeing in the past this was a major obstacle for me because I always used to not show up.

 

[jon.a]

Need is such a strong word. I know the ebay thing is about to blow up once I can afford to buy other things (Like importing from china) than the dollar store item plus my sellers limit is soon to be 10 items.

Do you mind me asking what do you do?

First, do you mind my asking have you ever had a job?