SNM037: Selling Your Future to Pay for Today

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selling your future to pay for your present on today's episode. Today's episode is brought to you by ECM. Rush started in 2008 with one mission to make online competition fair and transparent, with equal opportunities for all. To find out how SCM Rush can help you compete with the big boys. Go to serve no master dot com Backslash ECM rush today. Are you tired of dealing with your boss? Do you feel underpaid and underappreciated? If you want to make it online, fire your boss and start living your retirement dreams now then you've come to the right place. Welcome to serve no master podcast where you learn how to open new revenue streams and make money while you sleep. Presented live from a tropical island in the South Pacific by best selling author Jonathan Green. Now here's your host. The first day of college. Walking through the halls near the main food hall, the main social area of the campus, I noticed several tables set up designed to help college students fund the college experience by giving them credit cards. One of the great tragedies and one of my greatest regrets about the American educational system is that we don't teach people how money works. Most people have no idea how banks work, how credit cards work. The difference between a p R N a. P y. And I know this because I didn't learn any of these things. I didn't learn that in high school. I didn't learn them in college, finally had to start asking people around me what they meant. No one really understands what a credit score means until they want to buy a house or a car or start a business. All of these numbers in our society determine what your life is worth, and we don't know what they mean. We don't get any education. All of these students around me signed up for credit cards, and they give you a small limit like a little bit of a taste. You know, the first days too small than bigger and bigger. And before you know it, you graduate college, owing thousands of dollars at these massive interest rates, some credit cards 27.99% or higher you end up hanging Maura and interest than you ever did for the original purchase. 50 60 70 and 100 years ago, before the bench of the credit card in the early 19 hundreds, we were one of the most powerful economic nations in the world. The United States was so powerful because everyone had a savings ever had money stored up in the banks, and they were always ahead. When you wanted something, you used a layaway program. You paid for it in advance, making payment after payment after payment on Lee. When you made the final payment, did you get the item? You want it? This approach is the opposite of what we do now. Now we spend more than a cost. We don't pay until after we get the pleasure. Most people, nearly every single person, listens episode. But if you look at your credit card balance right now and you have some debt, you can't even remember what you bought with that money. The memory of the pleasure is gone. Were right now paying personal taxes for decisions we made when we were younger and it's brutal. When I used to work for largest computer companies in the world in my early twenties, we would sell people computers and we would convince them to finance through us. Many people would get a $1500 credit limit at that 27.99%. That's why I remember that number so well, if you make the minimum monthly payment, it takes 24 years to pay off that computer. 24 years. When I think about the computers that existed 24 years ago, I remember very specifically what they were like. This is before they were motives. If you wanted to connect to the Internet, you connected a phone to your computer and then you lift it up and set down the phone receiver on top of a connector, and the phone would make beeping noises to send signals through. That's how slow the technology was. Most people don't even remember that phase of the technology Hard drives had just been invented. It's such a different world now. The color monitor wasn't around yet. Not a look flat screen. Don't even joke. You're lucky if you get a monitor that could display black and then shades of orange. A really good monitor could display four different shades of orange. Can you imagine if you still have that computer sitting your house? No software works on it doesn't have a hard drive. The discs it takes no longer exist. They've been discontinued for decades, and you're still making those payments. That's the punishment and the mistake we make. And sometimes it seems like there's no way to escape. As much as I talk about financial freedom and taking control of your destiny and making money, it's time to admit that some mistakes in our past catch up with us and part of the program, part of what it teaches here at serving a master. Part of what I believe in is to really help you escaped from debt and take total and complete control of your financial destiny. I know most people are starting out at zero. Most of us already owe some money, and the first step is really to get to the point war, making more money that we're spending so we can start pushing the debt down instead of letting it slowly, slowly grow. One of the biggest causes people getting trapped in my industry and everywhere else starts with shiny objects syndrome. You know, I've talked about it before in the past, that hot butt into my books. We jumped from idea to idea. Project to project. I suffer from the same thing. I have to constantly tell myself Minimize, Don't do too many projects. Don't go into too many different areas. Don't overextend yourself because it's tempting. We see these really great opportunities. We want to jump on board. Jump on board, jump on board Facebook ad Sounds amazing. Google at sounds amazing. Learning how to do it. My own podcast sounds amazing. Learning how to run Facebook ads to a podcast sounds even better than I'm gonna learn how to build a block on top of that. Then I'm gonna move into all these different things Are so many different ways to make money in line. I can tell you right now there's thousands of ways to make money. Learned that work you can get into for X. I get approached with four X opportunity all the time. Born exchange. I don't do it because I don't know how it works. When you start jumping from idea to idea, you spend money for the course, you by some of the software you by some of the tech and it starts to add up without you realizing it. Even Though my entire business is digital, there's some overhead. It's not zero. I do a lot to try and lower it, but I have some expensive software running throughout my business. Some of the tools our yearly Graham early, which I mentioned before. That's $100 a year. Simple to right now. I just changed hosting providers. I paid three years in advance for my last host three years in advance. The entire serving a master website went down. The entire members area crashed over the weekend at a switch to a new host $25 a month. These little nickels and dimes add up certain pieces of software. My hosting software for this very podcast, the company that handles the delivery of the audio file, which is very, very important, paying them 30 or $40 a month. Can't member had to jump up packages? Last month I was a 20. I think I'm a 30 or 40 now. These little things start to add up, and when you jump from idea to idea, you don't realize how much money you leave behind you. I have a friend who spent over $65,000 on self development products entire second bedroom in his house. I wish I'd taken a picture. It was so shocking to me the first time I saw it. Most of it's still in the cellophane, all these DVDs and books and all these amazing things. All this content, we can absorb information that fast. We get involved in a project, and then we have a way of magnifying the problem. We start off with shiny objects syndrome, and then we have double down syndrome, which is where we throw more money at a project that's not working or spend more money on something that we shouldn't. We keep going down the path that we shouldn't go down. This is how people behave in Las Vegas. People are very cautious and very strategic when they bet when they're winning. But when they're losing, each bet is an attempt to recover their loss. I'm a very, very cautious gambler. You'll never see anyone more serious When they gambled on me. I only play craps because that's the game where the ought to the best for the players. Your odds of winning are 49%. You're still gonna lose. The house always wins every game, but you lose the least. I've never lost any money playing the game, and in fact, until the last time I played, I'd won every single time I played. But you have to play for hours and you have to play so slowly. If I play for two or four hours, I'll turn $200 into $400 with very small bets. That's really, really hard work, with a lot of stress and a lot of sweating. And even with all of my strategy, all of my caution at best my best day. I'm making $50 an hour and it's so much work. Gambling's not really my forte. This is not an advertiser for gambling. I haven't been in a casino in years and years, but for a while I went to a lot of conferences in Las Vegas for a couple of years all the time. And so I found one game that I could play where I could really control the losses. Most of the other games air so rigged against you, you have no chance and I see people. Even it craps rhyme, various to change guy control every number. I'm watching the statistics. The people around me, when they start losing, increased their bets instead of just trying to make a little money. They're trying to get back to zero, and when we're down, we start making bigger and bigger, high risk decisions that can really squeeze us. We go double down. Oh, I've really got to make a difference. I gotta go big. This is something I encounter a lot with new coaching students. For anyone who wants to enter my coaching program, there's always a phone call to get to know each other first, and lately I've spoken to some people that do not have the money. They mentioned taking out a second credit card to get another credit card, getting a brand new credit card just to pay me. They mentioned borrowing money from friends to pay me. If you don't have a job, do not buy something from me. I appreciate it that you want to do that, but that's not the path I want to take you down. Please, please use the material for my block posts. From this podcast. You can make enough money to pay me if you listen his podcast. Follow my system for writing articles. Just learn the basics of blogged riding. I have so many links on my website showing you where you can start in where you can go without paying me a penny. You could make $1000 working one hour day in the next six weeks easily. Probably do it in the next four weeks if you take it seriously, and then you've got plenty of money to start spending in other areas. They're two waves to start a new business. The first way is the most common way, which is to start from debt to grow from debt. We borrow money to start a company from a family member. When we want to grow to another phase, we go to an investor. I watched all of those TV shows. If there is a show about investors, I watch it. That's the only type of television really fascinates me. I like to look at these different businesses, and I observed this business model. That's all about growing from debt. How much money have left under credit card perfect. That's how much it costs to get into this sector. That mindset is a great way to kick start a business that dies within two or three years ends with a bankruptcy. Most new businesses fail every year. I just learned this to stick last night. Never got it. It's either 6000. 60,000 new bars and restaurants open up, and the majority of them close within three years. I know exactly why most of those businesses fail. I know the exact factors that go into it. Very expensive to build a restaurant, Great deal of overhead to run it every month. And the best restaurants in the world are looking at 5% of your profits. You spend a $1,000,000 you make $50,000 in profit. No, thanks. I don't want to be in that tough of a business. When you look at most businesses that are built around starting with debt, they fail. For that reason, I don't want you to learn that path, and you've probably come up that path, and you probably been tempted to buy something for me or something from someone else when you can't really afford it and I don't want you to do it. You don't have to do that. You can get into my elite programs simply by developing a relationship with me. I pay attention to the people that helped me out in different ways. I pay attention to people that leave me really nice reviews on Amazon. Leave me really good reviews for this podcast. I live Pay attention to people that email me offering to do cool things for me. If you look at the Amazon page for serving a master right now, there's a video review from one awesome guy in the UK and another amazing listener drew a picture of a robot holding the servant Master book in his hands. Both those pictures, the picture in the video, are now on the Amazon page. In the reviews for that book, it's means a lot to me. They went the extra mile. If you're listening to this and you wish you could get access to me, you wish you could get invited into some my higher level programs. I can tell you right now that people don't leave me. Video reviews often start getting access to more and more expensive programs about paying me a penny. If you demonstrate that you're someone who will write me reviews and leave me video reviews and help me grow my business that I'm glad to share. Review copies of things to help me grow, help you grow. It becomes a two way street. That's an exchange of value. There's a big difference in asking for a free copy and sending me a sob story and taking action first, sending me links saying I have recorded a video I posted video review of my blogger, posted a review on Good reads. I posted a video of you on Amazon. I wantto post other videos. If you give me access to other products, I'll continue to do the same thing. Now you've given me value. First you've demonstrated something. This principle works with anyone, not just me, but the way to my heart is to show me that you're serious. Reviews are gold in my business and in anyone's business on this feedback is so valuable it helps me grow and develop. These behaviors allow you to bypass this grow from debt temptation. I want you to learn the principal, and if you learn it now, you will change your life. And if you pass this lesson on to your Children, you would change their lives, grow from profits not debt. Phase one of any business idea is raised. The funds yourself take on a second job, start doing something you don't really want to do. Take a couple of ghostwriting gigs to make enough money to fund phase two. That's fine. That's something I totally believe in. And that's how I've always built my businesses. When you do that, suddenly you have total control. Number one. You are 100% your business. You never have to go to investors outside investors asking them for help or ask them to save your business. You're out on TV crying because your business is about to die and your family's in trouble. You're afraid you're gonna lose your house. You never end up in that situation because you're always ahead of the banks instead of behind them. When we invest early, when we spend from credit cards, we spend $10. Today we end up paying 11 12 or $13 later. Most people when they graduate from college Oh, tens of thousands of dollars and many people right now in America, even in their fifties, still a part of that student debt. I recently saw this television show about they were talking about and when those investing shows about a new product someone had developed. I've seen several of these that air about crowd funding for college education, and it breaks my heart because a college education is worth so little these days the value is dropping precipitously and the price it's so expensive. And when you look at any other country in the world that have tear one educational institutions, they charge 5% of what American schools. D'oh! I went to the United Kingdom to get my master's degree at one of the best universities in the world in London, living in London. Okay, the capital of the very country that founded and used to own the United States. To me, nine months to get my master's from a university on the same tears Harvard International scale, exact same band with my total cost for tuition was $10,000 they were charging me the foreigners rate. Those English students couldn't believe I paid that much for them. It was $3000. I was paying triple. To get the exact same degree from Harvard would have cost $100,000 taken two years of my life. There is no difference to any employer looking at my resume. In fact, when people see I have an international degree, most people in America see it as more valuable than a domestic degree. Faster, less money. We overpaid because we don't understand the value of things. A college education is not worth $200,000 unless you want to go into a very specific field that requires an education 9%. What you learn in college is worthless. I can tell you right now everything in my business I learned in high school I went to a very advanced high school, very serious college prep high school that was more advanced than my college when I went to university, already knew everything. They didn't teach me anything new. I was simply repeating what I'd already learned in high school. I discovered that you learn all this stuff and you go to college and they say, When you graduate, everyone gets a job and then I graduate. I said, Can I get help getting a job? And they never find in my emails. My school never helped me. They never helped me. Once. They never threw one single inch of help towards me. As far as building my career, finding a job, all those promises turned to dust. As soon as I made the last payment, I was very lucky. With my approach to college, I was very lucky. I worked hard. I got a scholarship. I graduated in three years instead of four. I did everything I could to minimize the cost of my college experience. Still not worth it. I can't think of a single thing that I learned in college that I use in my business. Nothing, even my master's. Those things from Masters is talking about it in these podcasts and things like that. I don't get direct value from because I left that industry. I don't teach anymore. We end up in this cycle of debt. We're trained to go into debt to start our lives. We train our Children, go to college, take on a massive debt load, borrow as much money as you can and then start your life. And people start out at 2122 going 100 or $200,000 or $50,000. If they're lucky, they start off going huge amounts of money, and this is why so many people work into their sixties seventies and eighties. There's so many people of my generation, the generation right before mind, that are depending on so security to take care of them. I have a neighbor right now. He just hits off security age. So he's retiring, and I think he amount of money is so small he has to live so frugally because he doesn't have a secondary plan. He has to actually take another job. He's gonna learn how to write block post for me and go into that business so he could make an extra $1000 a month working a few hours a day. The very thing I'm teaching you about my neighbour needs to learn because he thought so security would be there for him, and it won't depending on anyone else. To take care of you in your old age is a recipe for disaster. There's nothing worse than discovering that you're trapped, that you're trapped in this financial cycle, that you started your projects from debt, that your debt continued to grow As you jump from idea to idea that you jump from business project it business project. As you get older, it gets bleaker and bleaker. The world turns from color into black and white, and I've been down that road. Okay, I know what it's like to owe money. I know what it's like to be broke. When I was in my early twenties, I had no money for seven days straight. I didn't have enough money for any food. I didn't eat for seven days in a row. It's one of the most intense experiences of my life. I was so lucky that after seven days, I finally got some money in my hands. I know what it's like to be squeezed against the wall. I have two young Children now. I know exactly it's like to fear for their future, and sometimes it feels like there's no one on your side. And now that we're deeper into this program and now they've been in there for a while, you listen to a couple of episodes. At least we're deep into the thirties part episodes. I want you to understand that this is a two way street. If you follow my path, I will help you. If you want freedom, I will guide you. I don't need to sell you anything to help you succeed. I do not want to sell you something until I made you money. I will say this over and over again. Let me make you money before you buy a course for me. Let me make you money. So you find that first purchase from the profits. That's the reason in the back of the serve no master book. I have two little promotions to affiliate Link that immediately pay you $5 when you sign up for them. They're the only things I know that pay the affiliate and the person signing up quickly, and I use both of those programs. That's actually how I run my savings account and one of my investment accounts for my kids through those two programs. There's things I really use every single day. They're a big part of my life. I only recommend things that I really use. I'm always looking for ways to help you out. So if you pay the $7 from my book, or if you buy it through candle and limited again for free and you're paying that $10 month and either way, I want you to earn back that money. When you look at every expense is a business expense. When you decide you will only spend money from profits, everything changes. Suddenly, retirement becomes a possibility. Suddenly you're no longer trapped. Suddenly there's a path out. You might be very deep in debt right now and feel really scared, and I'm not an expert in debt relief. But I am an expert in helping you to open new revenue streams that will begin the lesson that pressure and get to the point where that is decreasing rather than increasing. It's time for us to gather toe work together, to escape from prison, to develop a plan to get you out of there to break through. And Phase one is understanding this core principle of my business, my life and absorbing this principle into your life. Anything you spent on building this new business, whether it's buying a book, listening to this episode of the podcast or anything else any coaching you by any other courses you've ever bought those air now all business expenses, and from now on, you only spend from profits. You do not buy another course until you make money. You don't need to buy anything else. I give away gold on my website. You can learn to resell S yo from my website. You can learn to make money as a copywriter without spending a penny from my website, and you can learn to make money writing block posts on my website without spending any money. And they're also in previous episodes. I also explained each of these business models in previous podcast episodes, and I'm going to continue to show you business models that are level one thes air business models that air for beginners online. Phase one is to get to making a few 100 extra bucks a month than a few $1000 a month. His face, too. We're slowly going to reach phase. It's so tempting to jump into some advanced programs I can tell you right now if you wanted to get into Amazon advanced selling. I know a program that can make a lot of money, but it requires you to have a huge amount of available capital because you're constantly buying and reselling products and you have to use your credit cards to bridge in between the two someone buy something from you. Then you have to buy the product somewhere else in the drop, ship it to them. But in between, you have to wait two weeks, three weeks or a month from Amazon to pay you. So even though the money coming your way, it's acts in your account. As you make money, get the higher, higher levels. I can teach you Maur advanced business models that require large amounts of money, but they have huge amounts of profit potential at the end. So this is not the end of the program for you. I want you to know I will begin to teach you more and more advanced things as you move up through the pyramid of my business. We're in an alliance as long as you use to my episodes, as long as you give me value. And as long as you let me help you, you can open revenue streams, generated business, become a best selling author, take care of your kids, secure your future and leave the job you hate behind. As soon as you make the decision to never sell pieces of your future ever again, thank you for listening to this week's episode of serve. No, master, make sure you subscribe, so you never miss another episode. We'll be back tomorrow with more tips and tactics on how to escape that rat race. Head over to serve no master dot com forward slash podcasts Now for your chance to win a free coffee of Jonathan's bestseller Serve No master. All you have to do is leave a five star review of this podcast. See you tomorrow. Thank you for listening. To serve no master podcast. Head over to serve no master dot com back slash podcasts right now to find out how you can win a free copy of my brand new book.