Brandon Bowsky
👤 SpeakerAppearances Over Time
Podcast Appearances
No, and you might be, and you'll find out the hard way, but most people, 95, 99%, they're not built like that. To me, I think you take the thing that you're doing well, think, what could I do like that in my off time to make extra money? Or if I want to do something totally different that I don't like that thing I'm doing, let's say. I want to probably tell people to start in sales.
No, and you might be, and you'll find out the hard way, but most people, 95, 99%, they're not built like that. To me, I think you take the thing that you're doing well, think, what could I do like that in my off time to make extra money? Or if I want to do something totally different that I don't like that thing I'm doing, let's say. I want to probably tell people to start in sales.
The reason being, if you sell something someone else has already proven, a lot of the guesswork is taken out. And you don't have to quit your day job to sell something. Exactly. And you get to learn. You get to learn how that operation functions, what all the different roles are, all the different teams, the different departments.
The reason being, if you sell something someone else has already proven, a lot of the guesswork is taken out. And you don't have to quit your day job to sell something. Exactly. And you get to learn. You get to learn how that operation functions, what all the different roles are, all the different teams, the different departments.
And then you can eventually replicate that over time when you have something that you can sell that is your own. And I think a lot of people... They chase the next shiny object thinking that buying some information from somebody or paying somebody to mentor them, which is oftentimes a really bad deal because they're not ready for the mentorship.
And then you can eventually replicate that over time when you have something that you can sell that is your own. And I think a lot of people... They chase the next shiny object thinking that buying some information from somebody or paying somebody to mentor them, which is oftentimes a really bad deal because they're not ready for the mentorship.
And they just think, if I pay this person, they'll just tell me how to be successful. No, I mean, people like us that have been successful, we can only tell people the answers to the questions that they have. For us to try to download or upload to them everything that we've ever done, it's never going to happen. We couldn't spend enough time if we tried.
And they just think, if I pay this person, they'll just tell me how to be successful. No, I mean, people like us that have been successful, we can only tell people the answers to the questions that they have. For us to try to download or upload to them everything that we've ever done, it's never going to happen. We couldn't spend enough time if we tried.
So I think a lot of people are looking for the wrong thing and they should just be looking for what is the low-hanging fruit opportunity where I can put additional money in my bank that can eventually replace my day job doing something I maybe like more or if I don't like it more, on the road to doing something I like more. I usually think that's sales.
So I think a lot of people are looking for the wrong thing and they should just be looking for what is the low-hanging fruit opportunity where I can put additional money in my bank that can eventually replace my day job doing something I maybe like more or if I don't like it more, on the road to doing something I like more. I usually think that's sales.
No. I'll tell you the worst part about the 50 grand. When the person starts taking the 50, 100 grand, let's say you're crushing it and they have the ability to grow and scale or they could stay at their like 1.5 million number where they're able to pull out 300 grand a year. We as investors, we're screwed. For sure.
No. I'll tell you the worst part about the 50 grand. When the person starts taking the 50, 100 grand, let's say you're crushing it and they have the ability to grow and scale or they could stay at their like 1.5 million number where they're able to pull out 300 grand a year. We as investors, we're screwed. For sure.
Not only are we screwed financially because the valuation is never going to go up because they're not growing and because the profit, even if we own a chunk of the company. Right. It's going to take forever to pay us back, but we're screwed because that person's life just changed.
Not only are we screwed financially because the valuation is never going to go up because they're not growing and because the profit, even if we own a chunk of the company. Right. It's going to take forever to pay us back, but we're screwed because that person's life just changed.
And a lot of people, when they experienced that first big shift where they go from making 50, 60, a hundred grand to half a million plus or 300 grand plus, or, you know, in this day and age, especially around a million plus, when they start making that type of money, everything changes. And most people don't keep the hunger. They think I'm rich now.
And a lot of people, when they experienced that first big shift where they go from making 50, 60, a hundred grand to half a million plus or 300 grand plus, or, you know, in this day and age, especially around a million plus, when they start making that type of money, everything changes. And most people don't keep the hunger. They think I'm rich now.
And in insurance, we just called the Ferrari boys because they would make their first, you know, 500 grand and spend 300 on a Ferrari or a Lambo and And it's a real problem, but everybody does it because they want to keep up with the Joneses. The reality is most of the people they're trying to keep up with don't have it either.
And in insurance, we just called the Ferrari boys because they would make their first, you know, 500 grand and spend 300 on a Ferrari or a Lambo and And it's a real problem, but everybody does it because they want to keep up with the Joneses. The reality is most of the people they're trying to keep up with don't have it either.
And you start to see who has it and who doesn't when they have it for 10 years straight. But these people, they see, oh, my friend has this watch. I got to go get a better watch. Or my friend's got that. I got to get this. The second you start taking that money out and it hits the bank, people don't realize it's so easy to spend money.
And you start to see who has it and who doesn't when they have it for 10 years straight. But these people, they see, oh, my friend has this watch. I got to go get a better watch. Or my friend's got that. I got to get this. The second you start taking that money out and it hits the bank, people don't realize it's so easy to spend money.