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  • 12 money-making commandments

    This is a list I created (in no particular order) of all of the commandments you need to make a significant amount of money



    1. "If the grapes don’t sell I’ll dry em up and sell raisins". That line was uttered by rapper Big Kuntry King on the record “I’m a king”. It means that a true hustler will make money by any means necessary. I’ve known people that have gotten laid off from a job and did absolutely nothing about it. They didn’t try to get another job, start their own business, or even dig through couch cushions for loose change. Anybody can fall on hard times but if you choose to stay down it is your own fault. That’s what separates me and most successful people from others. If I was 90 years old and for some reason lost my source of income I’d set up a lemonade stand and get back on my feet. Most people will be met with one obstacle and give up. Don’t do that.


    2. Think big. You’ve probably heard it a million times but have you ever stopped to think about what it really means? Most people waste time trying to accomplish mediocre things like getting a dollar raise at work. Most people's idea of a good-paying job is 100K per year. That’s not big thinking. That’s mediocre thinking and sadly, its the way 95% of people think. Small petty thinking yields small petty results. Take your idea of a “big” accomplishment and multiply it by 10. When I still had regular 9 to 5 jobs I was constantly surrounded by people whose goal in life was to become the manager at work. That was their idea of an accomplishment. They weren't thinking big and chances are they still work an everyday job.


    3. There is no such thing as a “real” job. Poor people utter the words “get a real job” The reason they are poor is that they make a distinction between what a real job is and isn’t. They think going to work every day at a 9 to 5 and working like a slave is a real job and everything else is a fake job. Whenever I've done non-conventional things to make money some poor person would tell me to get a real job. The person saying it would always be unemployed without a pot to piss in or a window to throw it out of. Of all the successful people I've known, none of them got to where they were by punching a clock every day. Only a poor person would glorify 9 to 5 labor as if its something to aspire to. If you think about the types of jobs that aren’t considered real jobs(entertainers, actors, athletes, traders, etc) you start to realize that people who do those jobs are millionaires. Poor people care about the process in which they get money. Rich people only care about the end result which is money. Which would you rather have...a real job or a fake job? Get a fake job.


    4. Have more than one source of income. Most of the money-makers I know (my self included) don’t settle for just one revenue stream. With multiple revenue streams comes added peace of mind whereas the day to day fast-food worker has no idea how they’ll survive past next week. Even if you have to start small by working a 9 to 5 Monday through Friday and setting up a stand at a flea market on weekends you’re doing something.


    5. If it don’t make money it don’t make sense. If your financial house isn’t in order and you have a ****load of hobbies, STOP. Just stop. Get your money right then you can do whatever you want.


    6. Spend way less than you make. There is no point in making more money if you‘re going to start spending more as you soon as you get it. You’ll still just be treading water. I remember the couple of times in my life when I was working two jobs. For some reason as soon as I got a second job I started spending less. I guess I just wanted to actually see the money I was making start to pile up.


    7. Work while others are playing. Years ago I worked at a bar as a cook. On Friday and Saturday nights after work, my co-workers would go out to a house party or go get drunk or whatever. They would always ask me to join them. I always said no. I would go home on Friday and Saturday nights and get in front of my computer, study the stock market, and just do whatever research I needed to do. That’s what separates the haves from have nots. Have nots will always just be working for the weekend but if you work hard as hell for a few years your whole life can turn into one long weekend.


    8. Don't make excuses. People make every excuse under the sun about why they can’t do something. One of the most popular is the lack of college education. People either say ”oh I didn’t get as far in life as I could have because I didn’t go to college” or “I should go back to college to get a better paying job". Those are bull**** excuses. Ever since you were a kid people always told you that the way to succeed was to go to college. That was somewhat true at one point. When people say it now they're repeating something somebody told them. In this day and age, a college education is commonplace so what happens when 100 college graduates apply for the same job. One person gets it and the others have to go work at McDonald's. I’ve seen people that could barely read with more money than people with 6 degrees under their belt. Success in this world comes from a desire to succeed and a hustler’s mentality. That’s something most people DO NOT have. They go to college because they think that’s what you’re supposed to do after high school. If you want to do something for a living that legally requires a degree then do that but as for people who just go for the sake of going, you’re in for a rude awakening when you get into the world. READ: College Is A Scam



    9. Surround yourself with successful people. Don't take advice from poor people. Stupid people have the loudest voices. For some reason, people who have never succeeded at anything are usually the ones offering advice. Take advice from people that are already doing what you want to do. For the love of god please don’t take advice from your parents. My parents tried to give me the absolute most useless, asinine, idiotic, and just plain wrong advice when I was still an aspiring stock trader. "If your parents aren’t rich you won’t be rich"...That saying is true...IF you take your poor parent's advice.



    10. Be patient. There is a saying that most "overnight" fortunes took 20 years to make. It's easy to look at successful people and think they just made it happen easily. All of the successful self-made people I know had to work hard for it. I, for example, drove a 1993 Ford Tempo for years back and forth to jobs almost an hour away from my house while I was saving money to put into the stock market. The car would overheat, the muffler fell off, the A/C broke, and it was just an all-around piece of ****. I would eat free meals at work every night in order to save money. When I did eat at home it was always generic brands and nothing but the essentials. I worked two jobs and got 4 hours of sleep per night. It was hell but it was worth it. It took me about 5 years before I could say that I had a decent understanding of how the stock market worked and how to turn a profit from it. It doesn't matter how good you are at something. You still have to give the proper amount of time to mature. I was an OK trader starting out and I only started with $1700. Needless to say, I wasn't going to get rich in a few months.



    11. Be a contrarian. Whatever contrarianism means to you, do it. Don’t have kids. Don’t move out of your parent's house just because you turn 18. Don't go out and buy the best car or live in the best house or apartment. Those are some of my own contrarian ideas. Success is not achieved by doing exactly what everyone before you has already done.




    12. Don't loan money. I can probably count on one hand the number of times I've let someone borrow even a few bucks from me and I can tell you it never went well. I'm a cheap individual so lending money does NOT sit well with me in the first place. Those times when I did lend money it was always $10 or $20 and the person would always promise to pay it back...they never did. If a person would screw you over for 10 or 20 bucks what do you think they would do with a real amount of money? Lottery winners and celebrities get into trouble like this. They lend money to every fool with a stupid business idea and they never see the money again. They might as well have flushed the money down the toilet. Keep your money. If people try some lame shaming tactic like calling you selfish tell them this..."the best thing you can do for poor people is not be one of them"
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    "Step into the arena and hold on to your hat. Don't get discouraged if you don't make 8 trillion dollars in your first month. Trading is not a get rich quick scheme. Realize that trading is a skill and just like any other skill it takes time to learn. Have convictions in your decisions in life and trading. Ignore the comments and "advice" of those that have never traded a day in their life."

    Good KARMA and positive energy abound.


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  • #2
    Very good post, reminds me a lot of the content on: http://wallstreetplayboys.com/

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    • #3
      I like the be patient one. Get rid of the get rich quick dreams and you might actually make some money.

      Comment


      • #4
        These are all great points. I'd alsi add think positive. It has taken me a LONG way. Positivity is contagious.

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