Project 1999

Go Back   Project 1999 > Red Community > Red Rants and Flames

Closed Thread
 
Thread Tools Display Modes
  #1  
Old 03-13-2017, 07:08 PM
heartbrand heartbrand is offline
Planar Protector

heartbrand's Avatar

Join Date: Dec 2011
Location: The Wire
Posts: 9,758
Default

You're asking questions that were answered and involve basic reading comprehension issues.
__________________
Checkraise Dragonslayer <Retired>
"My armor color matches my playstyle"
  #2  
Old 03-13-2017, 07:15 PM
hatelore hatelore is offline
Fire Giant


Join Date: Dec 2011
Location: Texico
Posts: 631
Default

(quote)

You need three things to be successful in my opinion in your work.

1) Drive. Nothing else matters if you don't have this. If you're content making 40-80k a year, or even content just making 120k a year, you'll never become truly wealthy. You need to show up to work or do whatever it is you do each day with the desire to become the best person at it, and to figure out your next five steps in the future. Always be thinking about your next promotion, next opportunity, etc. Basically do the opposite of 99% of the population of Red99 who is content being cucked for officers to get loot for their alts. Many people I meet on a daily basis are more than content clocking in and out and paying their bills. These people will never become truly wealthy.

2) Hard Work. Pretty self explanatory, but unless you're about to bet it all on red, or created EQ Browser, you're going to have to put in a shit ton of work on a daily basis if you want to become truly successful. You aren't going to amount to shit if your work schedule is 8 hours a day, 40 hours a week.

3. Master your craft. I am a strong believer in the 10,000 hour rule for becoming an expert at whatever it is you do [with the exception of EQ PvP where this rule didn't work for me]. If you want to be the best and command the most money, you need to know your industry better than anyone else. You need to live and breathe it day in and day out. You have to be willing to learn about it on the weekends, after work hours, etc.


I applied to two positions this morning to try to build out further my portfolio of companies I provide back end client services for. Do I need the money to pay my bills? No. But I'm always looking to grow, expand, hire more people, and figure out how I'm going to turn last years 1.4 Million into this years 2.8. I don't want to just be a millionaire I want to be a multi-millionaire, or a billionaire. Will I end up actually becoming a billionaire? Prolly not . But the drive to want to keep looking for the opportunities to grow and become more successful will only do me well.

Also being a sociopath helps.


Whether he makes that much or not, which I don't really doubt, or care about to be honest. Each man is his own man. That shit right there ^ is winning strategies for any business or job a person could have if they are wanting to move up.
  #3  
Old 03-13-2017, 07:22 PM
BallzDeep BallzDeep is offline
Fire Giant


Join Date: May 2016
Posts: 718
Default

I guess work smarter not harder never applied to these guys. Atleast the people I work for are smart enough to make 20 million and reinvest and watch their money grow while they are on vacation 4 out of the 7 days a week. Maybe if he invested 500K extra, instead of taking it home, he could achieve that.

Its one thing if he didn't have to throw the 1.4 million in there, it's another when you do it out of sheer randomness to almost say "Look what I have, that I actually don't because you guys are the only ones who will believe me."

I honestly could give a shit either way but I'm more interested in how the debt consolidation process works and how much they actually get paid because those people always hate their jobs.
  #4  
Old 03-13-2017, 07:37 PM
heartbrand heartbrand is offline
Planar Protector

heartbrand's Avatar

Join Date: Dec 2011
Location: The Wire
Posts: 9,758
Default

I don't do debt consolidation. You've made three posts now discussing an industry I don't do.

As far as your side note, yes, once you hit a certain amount of wealth it becomes exponentially easier to generate more wealth via passive revenue streams. I'm fairly confident my advice was not tailored to people who have $20M in their bank account and are trying to generate additional income, but just in case someone thought it was, let me clarify for the record that someone at that level of wealth was not the targeted audience.

Thanks.
__________________
Checkraise Dragonslayer <Retired>
"My armor color matches my playstyle"
  #5  
Old 03-13-2017, 09:40 PM
BallzDeep BallzDeep is offline
Fire Giant


Join Date: May 2016
Posts: 718
Default

Quote:
Originally Posted by heartbrand [You must be logged in to view images. Log in or Register.]
I don't do debt consolidation. You've made three posts now discussing an industry I don't do.

As far as your side note, yes, once you hit a certain amount of wealth it becomes exponentially easier to generate more wealth via passive revenue streams. I'm fairly confident my advice was not tailored to people who have $20M in their bank account and are trying to generate additional income, but just in case someone thought it was, let me clarify for the record that someone at that level of wealth was not the targeted audience.

Thanks.
Lol you seriously have Dunning Kruger. Quit trying to act superior by using different terms with the same general meaning - "I don't do debt consolidation, I do Tax Resolution." Spoken like a true debt consolidator.
  #6  
Old 03-15-2017, 05:24 PM
HippoNipple HippoNipple is offline
Banned


Join Date: Jun 2010
Posts: 4,090
Default

Quote:
Originally Posted by BallzDeep [You must be logged in to view images. Log in or Register.]
Lol you seriously have Dunning Kruger. Quit trying to act superior by using different terms with the same general meaning - "I don't do debt consolidation, I do Tax Resolution." Spoken like a true debt consolidator.
Debt consolidation services is for poor people that have too much credit card debt they can't pay. You are dealing with people that may be considering going bankrupt and helping them pay back debt by negotiating the debt down. It is a miserable business and has absolutely nothing to do with taxes.

Tax resolution and debt consolidation both have to do with owing someone money but that is where the similarities end. People requiring tax resolution are very successful or they wouldn't be in a situation where they owe a lot in taxes in the first place.

When people make a lot of money, sell businesses, maybe have a capital intensive business they can mess up a lot of things when doing their taxes.

I do financial planning and we had a client seek out tax advice for their company. The CPA went back 3 years and ended up saving her $300k and she got that all back from the IRS. The client herself is worth about $10 million. The type of clients needing tax resolution vs debt consolidation are not comparable.
  #7  
Old 03-15-2017, 05:39 PM
BallzDeep BallzDeep is offline
Fire Giant


Join Date: May 2016
Posts: 718
Default

Quote:
Originally Posted by HippoNipple [You must be logged in to view images. Log in or Register.]
Debt consolidation services is for poor people that have too much credit card debt they can't pay. You are dealing with people that may be considering going bankrupt and helping them pay back debt by negotiating the debt down. It is a miserable business and has absolutely nothing to do with taxes.

Tax resolution and debt consolidation both have to do with owing someone money but that is where the similarities end. People requiring tax resolution are very successful or they wouldn't be in a situation where they owe a lot in taxes in the first place.

When people make a lot of money, sell businesses, maybe have a capital intensive business they can mess up a lot of things when doing their taxes.

I do financial planning and we had a client seek out tax advice for their company. The CPA went back 3 years and ended up saving her $300k and she got that all back from the IRS. The client herself is worth about $10 million. The type of clients needing tax resolution vs debt consolidation are not comparable.
I agree with all this but debt is debt and people who can't pay their debt aren't wealthy. For example, the dealership I'm partnered with made 1.6 million last year, it was a little over 400k in taxes for the year. No tax resolution was needed. When it gets to the point of "resolution" you aren't very successful. Resolution isn't for successful people at all. As you just said most companies who aren't in the shitter use a CPA or Tax Prep. People make mistakes but a 1040X isn't too complicated and so many online services nowadays to amend any issues. Do a basic google search of "Tax Resolution" and it is basically the same kind of marketing/services as debt consolidation with the only differences being one is a tax debt, the other is personal/business debt.

Forbes article on "Tax Resoluton" - https://www.forbes.com/sites/stephen.../#5ae8ce966da7
  #8  
Old 03-13-2017, 08:04 PM
Beastagoog Beastagoog is offline
Banned


Join Date: Sep 2014
Posts: 946
Default

For the common man it's all about intelligent decisions and making the most of what you have. Doing endleas drugs coz your on 70o a week and dont think you can improve your situation is just a cop out. (Imho)

I.e:

If you own 1 property and have a decent income (80-100k+) it's very easy to make money and grow from that point.

For example:

70% of my mortgage is subsidized by renting out the detached first level garage (35sqm living area) that is converted to a studio. Which means I pay 30% of the mortgage on a current valued half million property. By the time the mortage is paid off and the value increases over time after an expected 10-12 years from now that property will be worth 600k+. I have a high amount of equity in my property so thr mortgage is low.

I plan to use that equity to buy my next property once I get back to fulltime work in the 400k range and rent out the remaining part of my unit which will cover all of the remaining units mortages+taxs and the surplus will go on to the new properties mortage.

Plan is to have over a million$ in assets by the time I hit 40 and the passive income from the unit rental will reduce my hours needed to work.

I did all this working a 6-3pm job like any ordinary person.

The problem I found with my generation of pals is most of them fucked their youths income blowing it on shit. I started on 650 bux a week after tax and ended up on almost 2000$. Instead of blowing it all on useless shit I saved it and invested it.

Differnece is, I'll be 40 and semi retired, others in my generation will be 40 and slaving hard even tho we had the same chances in life.

If you havent done anything financially with your years between 20-30 you havent done yourself any favor.
  #9  
Old 03-13-2017, 08:19 PM
georgie georgie is offline
Planar Protector

georgie's Avatar

Join Date: Apr 2011
Location: chicago
Posts: 2,528
Default

Bald corki Romano lookn ass
__________________
  #10  
Old 03-14-2017, 12:07 AM
Cwall 146.0 Cwall 146.0 is offline
Sarnak


Join Date: Jan 2017
Posts: 307
Default

sorry heartbrand makes more money than you do
Closed Thread


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 11:46 PM.


Everquest is a registered trademark of Daybreak Game Company LLC.
Project 1999 is not associated or affiliated in any way with Daybreak Game Company LLC.
Powered by vBulletin®
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.