Showing posts with label pennies. Show all posts
Showing posts with label pennies. Show all posts
Saturday, July 8, 2017
That One Time I Missed $80K In Profits
I originally completed this swing trade in October of 2016. I was in $GBSN @ $0.04 and out @ $0.05 for a quick gain of $489.... then I checked $GBSN today and saw that it was sitting at $0.40... My profit would have been like $83k!
Can't live in the land of "what if" tho... Just need to accept it, reverse engineer the charts, and see it for what it is. POTENTIAL.
Follow me on Instagram @thepennyfarmer
Thursday, July 6, 2017
Scalp Micropigmentation - Bryce Cleveland, Founder of Scalp Aesthetics-m...
I'm interviewing Bryce in about an hour. I look forward to picking his brain on entrepreneurship.
What I Learned Hosting Fight Parties in my Apartment To Making $45,000 I...
Great lesson. Make your mistakes while you are small and continue to grow one step at a time. That way when you are huge, you mistakes aren't huge.
Brain Pennies: Scrappy
Just finished reading Scrappy by Terri L Sjodin.
The term "Scrappy" in the book refers to an attitude or mindset. An approach to business when you are small to think outside the box and to embrace the gorilla warfare styled strategy to accomplish your goals.
There are many golden nuggets in this book but the one tool I'm adding to my tool box of entrepreneurship is this... the "3x5 Rule"
Pg. 99
"...Never, ever, ever, ever meet with somebody without spending three minutes trying to find five pieces of information, or five minutes trying to find three pieces of information... The goal, he says, is to locate a piece of information that will give you permission to ask a great question."
This practice will be epic in building business relationships and finding a common ground that will lead to more networks and sales.
Wednesday, July 5, 2017
Monday, July 3, 2017
Brain Pennies: Money Wise
Pg. 211
"The only thing I know with certainty about the future is that it is coming and begins right now and goes on forever..."
What I took from this passage was that it is imperative that you take action NOW. Those who choose to only dream will never succeed. Dr. Martin Luther King had a dream but he also had action, massive action and he changed the world.
A - L + I - S = EA
EA = MF
Simply put... Assets - Liabilities + Income - Spending = Excess Assets
Excess Assets = More Freedom!
The Uncertain Investor... Understands that there are known unknowns and unknown unknowns and yet still invests because he must. He understands that "to not invest is to make an investment decision"
Having been attracted to day trading and the stock market in general I completely agree with the concept that sometimes the best trade is no trade at all. This same concept should be applied with investing in general because our time on this planet is depreciating the second we are conceived... and that doesn't include the unforeseen early deaths that we may be subject to.
We are all come to this life a born investor. Some people invest wisely and find financial freedom and others invest in poverty.
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