One of the famous sports personalities on our tv has been that of Michael Buffer who has built up a $400 million net worth by yelling "Let’s Get Ready To Rumble" for 40 yrs
In 1992, Michael Buffer trademarked his legendary phrase "Let's get ready to rumble."
In the 30 years since, Buffer has announced thousands of sporting events all over the world.
Buffer is routinely paid between $25k-$100k per ring intro and has made $1M on rare occasions.
In addition to announcing the 5 legendary words himself, video game maker "Midway" paid Michael Buffer $100 million to license his phrase in perpetuity.
In total, Buffer has built up a $400M net worth by licensing the phrase to be used in songs, video games, movies, and more.
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When do we pay our bills? Most pay immediately after receiving their income.
Do we have left overs? Most of the time "No" or "very little".
The main reason we struggle is we pay everyone first before paying ourselves...
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We pay ourselves last, only if there's anything left.
And that's how we struggle in life. We have bad habits.
This doesn't mean we shouldn't be paying bills. Even if you don't have enough money pay yourself first. Your asset column should be much important to you..
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..than your creditors.
Ofcourse if you don't pay they will come for you.
But how do you pay yourself first even if you don't have money? The query shouldn't be "how" but "why".
Whom do you think will complain loudest if you don't pay your bills? Your creditors or you?..
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