You know what's a JOB

Now, more details about the JOB 👇

A job is only acceptable as a temporary position. You can take a job only under the condition that it is

1) not minimum wage and

2) you can transfer the skills to your future career or business. No exceptions to this rule.
People who are willing to work for free are *begging for help*.

In addition? The only person willing to hire free labor does not have the power to afford *quality* paid for labor.

How are you going to learn from someone who can’t even afford to pay you $15-20 an hour?
You’re a human being and deserve to cover your bills even if you are learning for the most part.

Besides. If he’s willing to pay you? He’s thinking of ways to leverage your skills long-term as he finds what type of intelligence you have.
To drive the point home. If you’re even thinking about taking an unpaid position, we’re going to assume you’re lazy.
Why? If you’re actually willing to work hard (60-80 hours a week when you’re young)... Then?

You would have put in the time to find a position you *would* be paid for!

Doesn’t get much simpler than that. The only person who is willing to work for free is simply a fool.
Perhaps there is an exception to this rule?

We haven’t seen it. Maybe if you get to work with Warren Buffet you can go ahead and work for free.

But. Working for any large company for free (or even worse a small one) is simply a bad move. Your time is worth at least $15 an hour.

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More from @BowTiedElephant

2 May
20 Rules For Your TWENTIES

Thread 👇
1. MINIMIZE DEBT

This is one of the biggest items on your todo list

Debt is a vice around your wrists that is slowly cutting off your blood circulation, if you don’t release the pressure you’ll be dead before thirty... the Prime of your life
If you are able to spend money on assets that depreciate in value (cars, clothes etc.) you better be debt free and saving large amounts of cash.
Read 40 tweets
2 May
What's a TRANSFERABLE SKILL and why you need it?

a transferable skill is an *intangible skill*

THREAD 👇
Many people think that tangible skills are the best

Wrong. They can be outsourced

Anyone can learn how to build a financial model or read a graph or Ctrl C,P numbers from SEC filing, do basic arithmetic

If it can be learned in less than a month it’s *not* a transferable skill
Transferable skills are any skills that are unique to you

Some money making transferable skills:
• Sales
• Networking
• Production Improvement
• Basic Maintenance
• Continuity

Let's explore each below 👇
Read 17 tweets
1 May
You learned about Job and Career previously

Now get to know what truly is a BUSINESS

THREAD 👇
In this situation you leverage all of your skills

Every single talent you have is poured into your business

A business is something that makes money even as you do nothing

Of course if you do nothing for multiple years it will likely die

But...
You’ve created a system that makes money in your sleep

Etch this quote into your brain:
“You are either hardworking or you’re smart. You cannot be both.”
Read 7 tweets
1 May
A CAREER is where you trade performance for money

Let's see how a career is better than a job

THREAD 👇
A career is a performance based position

Do not be fooled by high salaries or high hourly wages

Even if you’re making $100 an hour, that is only $200K per year

The Company will do everything in its power to prevent you from making more money than that
The deadliest company trick in the book is paying someone *more than they are worth* in the early years (22-27 years old)

Then... proceed to pay them *less than they are worth* as they remain at the Company
Read 10 tweets
1 May
What's the difference between a Job, a Career and a Business?

👇
JOB
Trading time for money (Hourly wage or fixed Salary)

CAREER
Trading performance for money (Income is primarily from performance. Delivering results)

BUSINESS
You have created an establishment that will make money while you sleep (product sales, outsourced work flow)
(now do you know what you need to get rich and free?)
Read 6 tweets

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