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Post by X factor on Mar 28, 2021 14:15:09 GMT -5
Does any of this webinar get rich type stuff even work??? I don't know, seems there's always a 'catch', in that the truly wealthy don't seem to ever want to share their plan with others. Seems only the 'fake' wealthy types, interested in helping others gain wealth, at a cost of course...I could be wrong folks, you decide. Here's what I've learned and that is usually when so called wealthy people want to teach you 'How you can become wealthy to', that usually means they take your money, and feed you information you could find own your own, if not lazy. Cause notice the truly wealthy, who are such do to established business, don't share nothing....think about that. |
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Post by X factor on Mar 28, 2021 14:17:24 GMT -5
Does any of this webinar get rich type stuff even work??? I don't know, seems there's always a 'catch', in that the truly wealthy don't seem to ever want to share their plan with others. Seems only the 'fake' wealthy types, interested in helping others gain wealth, at a cost of course...I could be wrong folks, you decide. Here's what I've learned and that is usually when so called wealthy people want to teach you 'How you can become wealthy to', that usually means they take your money, and feed you information you could find own your own, if not lazy. Cause notice the truly wealthy, who are such do to established business, don't share nothing....think about that. Yes, you're correct, in that the truly wealthy and powerful class don't share nothing, and in fact hide how they became wealthy, it's more like the 'pimp your ride' type of wealthy, are the ones that offer webinars, seminars, this fee, that fee, pay me $5000.00 dollars and I'll share with you what a 5th grader already knows type of BS. |
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Post by X factor on Feb 27, 2022 19:10:25 GMT -5
Also when new at earning money yourself through your own business or LLC or whatever, it's amazing how much of your own money you have to spend at first before ever even earning a dime or nickel from a independent outside sale that had nothing to do with you.
It's a good feeling when it comes, if it ever does.
Many fold before that time ever arrives, sadly.
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Post by X factor on Feb 27, 2022 19:11:58 GMT -5
Also when new at earning money yourself through your own business or LLC or whatever, it's amazing how much of your own money you have to spend at first before ever even earning a dime or nickel from a independent outside sale that had nothing to do with you. It's a good feeling when it comes, if it ever does. Many fold before that time ever arrives, sadly. But most trudge on cause they know the only alternative is the dreadful 9-5 drudgery. |
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Post by X factor on Apr 3, 2022 21:01:01 GMT -5
Starting a business of your own, cool, until have to hire your first employee  www.indeed.com/hire/resources/business-accounting My head is spinning after reading all the stuff one must do just to hire one employee. The link above is from 'Indeed' career site, and my head is still spinning all the stuff you have to do just to hire 1 employee from 1. taxes, forms like the I-9 form to prove they can work legally in the U.S. (I'm sure in other nations it's a different form) 2. Pay roll, and all the paper work that comes with that. 3. Insurance blah blah blah 4. Accounting blah blah blah And more, tons more stuff that you need just for one employee, not to mention you have 10. Is why no wonder companies outsource all that to 3rd parties, companies that can afford to do so that is. Cause it's daunting for one person to do on their own, all kinds of income deduction reports that the state wants. It all, lets just get to the point, it all basically comes down to the State wanting to grease you of all the money they can to fund State projects. Thats what it comes down to. all the forms are just a way of big brother the State, keeping an eye on you and to make sure you pay them every single penny you owe them, or else. And then there's the what type of employee? a. Full time? b. Part time? c. Contract worker? No wonder more and more employees choosing the contract worker thing, especially if a smaller work from home type of entity...that's something I may consider doing myself until profits actually come in. But after reading that Indeed new business help section in above link, I think more important than hiring a employee, I first need to hire like contract accountant and contract payroll, and other contract administrative type of workers so that my mind is clear enough to do what the company is suppose to do. I've got a lot more to think about now, that's for sure.
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Post by X factor on Apr 3, 2022 21:26:09 GMT -5
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Post by X factor on Apr 18, 2022 11:11:12 GMT -5
Also learning about tax crap, that's right, tax crap!
Even if business or businesses are shelved, the Government still wants you to fill out forms, and more forms, and more forms for the forms, it's all a bunch of BS, no wonder so many people just earn money and do business on the side, person to person, cause doing it the right way is expensive and confusing.
And when in business, you really begin to see how much the Government feeds off of our labor, feeeeeeeeds off of our efforts, and wants to take from our efforts and labor even before we do.
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Post by X factor on Apr 19, 2022 9:27:18 GMT -5
I don't think I have the maturity or where with all to start and then actually run a business.
I think either one is wired to do so or one is not, and it's not about age.
For there are people way younger than myself running million dollar businesses, so it's not a age based maturity that I speak of.
But when you start a business you have to be consistent, and not sure if I'm consistent with anything seeing as my moods and interest seem to change weekly.
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Post by X factor on Apr 19, 2022 9:30:33 GMT -5
I mean last week I wanted to enroll in a herbal wellness course, this week my mind is somewhere else.
I'm just not consistent, but maybe it takes committing to something in order to be consistent.
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Post by X factor on Apr 27, 2022 15:10:43 GMT -5
Receipts, receipts and more receipts  I'm learning as I go that the most important thing you will do for yourself and business, in as far as IRS in concerned is keeping records of all your receipts. Because those receipts will make or break you, when filling out forms. It's all about receipts, keep everything, even stuff you don't think matters, keep it, keep it, store it somewhere, in different bins if you have to. But if you do keep all of your receipts, even if running business from home, it'll make tax time for you and or your accountant way way more easy. Trust me, keep all of your receipts, even if have to buy special bin for them, you'll thank yourself come tax time.
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Post by X factor on Apr 27, 2022 15:13:28 GMT -5
The IRS, in as far as your business is concerned, wants to know every single detail about your business, stuff that just seems totally silly, they want to know.
And if doing taxes yourself, unless just like numbers and forms and all that, you'll quickly space off, is why so many people hire tax preps to do all that crap for them.
The whole tax system needs revamping and simplifying.
So many people cheat, or just don't pay taxes at all, or even report their business, cause the IRS makes it so complicated.
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Post by X factor on Apr 18, 2023 21:54:49 GMT -5
Well at least I got one big hurdle out of the way today.
Was going to dissolve to businesses, on paper only, but ended up keeping one, a LLC...
But believe me you it cost me.
Capitalism can be just as cruel to your fiscal prosperity as communism can be.
In fact, I think, observe, that capitolism is communism, but simply under a different name.
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Post by X factor on Jul 31, 2023 17:25:16 GMT -5
Investing in tax liens is something many don't know about, read more about if from links below www.rocketmortgage.com/learn/tax-lien-investing I ust learned about this today, basically when the government places a tax lien on a home, the Gov then places that tax lien certificate up for auction, then you buy it, and when owner of home pays off their taxes (They're basically paying you) that's where you make your profit, and of course your profit margin comes from the interest you charge them. Here's another link to a guy who teaches a course about it, but if already knowledgeable about real estate or investing, you really don't need to take any course, I suppose....(oops, actually I accidentally closed the tab to the second link, which I originally got from YT) Anyways, if smart and savvy you'll figure it out...ust here to offer ideas when I can, to how to earn outside the 9-5 box.
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Post by X factor on Jul 31, 2023 17:27:51 GMT -5
Being young and old have a lot in common when it comes to money and income.
1. When young, you just want money without having to learn how to make it or work for it.
2. When older, you just want money without having to learn how to make it or work for it.
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Post by X factor on Oct 24, 2024 18:45:53 GMT -5
I have an idea that I'm developing now with the help of a web developer, that if built right, and marketed properly, could make me wealthy.
That's all I can really say.
I'm doing it solo.
I will say it will be a subscription based service, cause that's where the money is now.
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