Erik Lukas
August 5, 2008, 07:37 PM
In my mind, there is a difference between a lifestyle business and a scalable business that not many entrepreneurs truly get right off the bat, especially if they're exposed to IM first.
In looking for investors for a current project, I'm looking for people or groups that can put in a bare minimum of $1-2m. I had a realization about true building block wealth when comparing people supposedly at the top of the IM game who would be stretched to have a liquid $1m to sanely invest (taking diversification into account and the fact they should have a lot of their investments and assets in other less high risk activities) to those who have built companies/empires/mastered 'systems' and capitalized on it in a big way.
I appreciate your post, TW. I think it can be eye opening if looked at in the right light...
Success,
Erik
P.S. I would urge you not to think of there only being 3 channels/wormholes for 'escaping' what you see as the 'low' ranks... there are thousands of paths, only limited by your imagination. Hint: all you need to do is get one eccentric game changer on your side who wants to make your success 'their' success and you'll be off to the races! Hint #2: never admit to the real world that you aren't already well versed in their 'level' and what it takes to make it a success (but also acknowledge you know the plan will have to be rewritten daily as you redirect based on its reception in the 'market')
In looking for investors for a current project, I'm looking for people or groups that can put in a bare minimum of $1-2m. I had a realization about true building block wealth when comparing people supposedly at the top of the IM game who would be stretched to have a liquid $1m to sanely invest (taking diversification into account and the fact they should have a lot of their investments and assets in other less high risk activities) to those who have built companies/empires/mastered 'systems' and capitalized on it in a big way.
I appreciate your post, TW. I think it can be eye opening if looked at in the right light...
Success,
Erik
P.S. I would urge you not to think of there only being 3 channels/wormholes for 'escaping' what you see as the 'low' ranks... there are thousands of paths, only limited by your imagination. Hint: all you need to do is get one eccentric game changer on your side who wants to make your success 'their' success and you'll be off to the races! Hint #2: never admit to the real world that you aren't already well versed in their 'level' and what it takes to make it a success (but also acknowledge you know the plan will have to be rewritten daily as you redirect based on its reception in the 'market')
