There are many ways to view time.  During the week we all have things we do daily.  They appear to be circular, wake up, eat, work, eat, work, prep for the next day, sleep, repeat.  The time passes though in a linear fashion as you wait for the weekend, which is at the end of the week.  In a broader sense you live life in a linear fashion, you are born, you live then you die.  Though at the same time you repeat things, you have seasons and annual events that happen in a circular fashion and repeat each year as you pass along in a linear fashion. 

 Different cultures view time differently as do different individuals.  Most businesses are circular in their work load and profit generation.  Retailers do business towards the end of the year.  Landscapers, theme parks, software companies, accountants, etc… have times of the year that have trends that repeat yearly.  Companies have linear goals, they want to increase revenue yearly, monthly in comparison to previous years, etc… 

I had a professor who would buy a new corvette every year.  I asked what was up, he said that he bought and sold the same stock every year and that the profit from that stock alone afforded him the new car.  The stock was CSC and looking at the year to year performance for every year up until this year I could easily see the trend.  A stock I always enjoyed looking at was UPS, around August each year the stock would hit a low, then around the end of November the stock would hit a high.  Looking back on things is easy, understanding why things happen is important though. 

Each year the housing market slows down around Christmas until late winter/early spring.  It could be because people are caught up in the holidays, they are out of loot or it is just cold outside in most areas.  Either way it is important to know this information.  It is also important to note that retailers and stocks generally perform well during the downtime of the housing market.  Lets say you want to flip houses and you want to flip 5 a year.  You need to be done with the first 4 by July/August as the last one will take the longest to sell because of the circular cycle of the market.  Even though your long term goals are linear, maybe your short term goals should be circular to go along with the way our years cycle.  Know your market and what happens and why.  Profit from the cycles. 

 It is good to think outside of the box and see what you are doing from all angles to maximize your strategy.  The saying is “Money, Power, Respect” what is left off of the quote is the most important part, Hustle Strategy.  “Strategy, Hustle, Money, Power, Respect” 

And as I have said, there are many ways to view time, one of the other most popular is chaos or chaotic.  Keep that in mind as well.

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Posted by LeGo, filed under Strategy. Date: December 17, 2007, 4:02 pm | No Comments »

14  Dec
Time and Money

So I have been talking about this flip for a while going over the various things that have happened throughout the process.  It has been a lot of work, to say the least, and it has been hard work.  I enjoy physical labor though and have enjoyed it.  Once I finish it, I will have really enjoyed it.  The other reason I am doing the labor work is for the money.  I could have hired it out though and gotten the work done quicker.  Money vs. Time is something that I would like to solve one day.  I could have gotten the house on the market quicker but reduced profit.  Theoretically I would have gotten paid quicker though and not had to do as much.

Another example of this was with a piece of property I had bought.  I bought the property for $13,500.  I put $4,000 down and paid ~$3,650 a year for the next three years.  Basically it was 15 g’s for the property.  I ended up being able to sale the property for $28,500.  I basically doubled my investment after three years.  What I could have easily done though was sale the property for 23 g’s immediately after I had bought it.  This would have put me at making $9,500.  I would have essentially tripled my $4,000 dollar investment.  So I waited 3 years for 6 more g’s.  I also had my money tied up.

There are quotes such as the following “A bird in the hand is worth two in the bush.”  I think there are enough quotes in the world to defend any argument.  I could create a formula based on income, net worth, goals, risks level, age, dependents, and the like to determine how someone should invest and release income.  I think it is more complex than even that though.  I think with experience most investors understand what works for them.  I have spoken to a few people who will not get out of bed for less than 25 g’s.  But for 25 g’s they will estimate 2 weeks of their personal time into a project (not counting the time that others will put into the project for them).  I am not there yet.  I can see myself getting there though. 

 Money vs. time is something that might come natural to some.  Figuring out what works for you is important.  You don’t want to make minimum wage on a project because you under estimated your time in a project.  You do not want to hold onto something to long either, where you will lose potential.  Keep time and money in focus when investing.

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Posted by LeGo, filed under Strategy. Date: December 14, 2007, 10:09 pm | 2 Comments »

This is what I aspire not to be.  These are quote from forbes.  Ingvar Kamprad, Ikea, worth 33 bil, flies coach and drives a 93 volvo.  Jim Walton from Walmart, drives a 15 year old pick up (Dodge Dakota).  More from the list include flying economy, cutting their own hair, staying at budget hotels, and other great money saving things.  I remember reading books like rich dad poor dad and a few others and thinking about how miserable things must be for the people who do not live life.  I think spending money is motivational for growth.  I don’t think people should live well beyond their means without a good plan, but you have to enjoy life.  Anyhow, here is an unrelated video to go with the topic. Hopefully the video can inspire a bit.

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Posted by LeGo, filed under Motivations. Date: December 13, 2007, 3:57 pm | 3 Comments »

11  Dec
I Need Some Land

Why not have your house blown out.  Eat without blinds.  No reason not to when you are chillin on 200 acres.  Ponds 10 and 20 acres are nice as well.  You can get some JetSki’s on the 20 acre joint and have a ball.  All kinds of water sports.  Plus what is better than fishing with a 40 and a blunt.   This pad is located thirty minutes from ATL and listed at 6.9 mil.  More info here. This is motivation.


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Posted by LeGo, filed under Motivations. Date: December 11, 2007, 10:37 pm | No Comments »

I am close to getting the house on the market.  It has been a long few weeks.  I have enjoyed it though I have been exhausted.  The timing is extremely ugly.  I would recommend not putting a house on the market 1-2 weeks before Christmas.  We will see how it goes though. 

I have a few last minute chores to get done before throwing the house on the market.  I still am waiting on the new counter-top, but that will be in when it gets in, can not really wait on it any longer.  I also have a few holes in the wall to re-repair.  I guess I can say that I can see the light at the end of the tunnel finally.  Tile and paint still officially suck.  I have two new projects coming up that should be addressed here soon…

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Posted by LeGo, filed under Flips. Date: December 11, 2007, 10:22 pm | 2 Comments »

09  Dec
Not on Strike

A bunch of people have been sending me messages and asking where I have been.  It has been a few days and well, I am not on strike.  I have just been grinding.  Trying to make that hustle pay off.  Not really much new going on just setting the stage.  It is like a friend and I use to say, Johny Appleseed.  No matter what was happening we were always planting seeds.

 The seeds could have been for a female or for a business venture.  No matter what was going on there was always thought happening.  A lot of the books I have posted have been relative to this idea of thought.  For the most part I have tried to improve on thinking faster and more intelligently.  It is easy to look at things from a distance and see what the best moves and conversations are, but doing them in real time is the trick.  So anyhow, I have been doing just that.  I have been planting seeds for the next harvest.  Hopefully some of these things will bloom and blossom.  There was an old saying “you reap what you sow,”  while it generally refers to negative outcomes, mine are going to be good…  Keep hustling.

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Posted by LeGo, filed under Uncategorized. Date: December 9, 2007, 2:25 am | 2 Comments »

Ready or not, carpet is coming tomorrow.  There are lots of things to do and it seems the list only continues to grow.  For example after putting in tile one of the doors upstairs now drags.  So time to take the door off, sand it down and try again…  Painting will never end, though most of the house looks great.  I have tried to avoid painting the entire ceiling and have no idea what to do.  I wanted to do touch up paint but it only looks worse now as I was unable to match up the colors.  I bought four different whites to see if I could find one that was close, and didn’t

 I am ready to put the house on the market and get things moving.  There was a recent house listed in Raleigh for 37 g’s, 1200+ sq ft.  Granted it is not in the best neighborhood, it has me motivated to move on to new things.  Hopefully this weekend will be the last work weekend on this house. 

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Posted by LeGo, filed under Flips. Date: December 5, 2007, 6:13 pm | No Comments »

04  Dec
RIP Pimp C

LOS ANGELES, Dec 4 (Reuters Life!) - Texas Rapper Pimp C, a member of the chart-topping duo UGK, was found dead in a Los Angeles hotel room on Tuesday, TMZ.com reported.

The online news site said Los Angeles County Fire Dept. personnel discovered him in his bed at the Mondrian Hotel in West Hollywood after responding to a 911 call.

Pimp C, whose real name was Chad Butler, was 33, according to various news reports.

UGK, in which Pimp C performed with Bun B (a.k.a. Bernard Freeman), topped the U.S. pop album charts in August with “Underground Kingz,” its first entry on the survey in five years. Pimp C spent much of that time in prison, serving nearly four years for aggravated assault. He was paroled in 2005.  from reuters.

 Not really much I can say…  RIP.

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Posted by LeGo, filed under Uncategorized. Date: December 4, 2007, 9:44 pm | No Comments »

Why not get a car that cost a bit over $2 mil and goes from 0-60 in under 3 seconds.  And if you are going to do it the car might as well be hot and have a top speed upwards 250.  That top speed is more than 3 times the highest speed limit of anywhere near me.  Anyhow this is another great motivational car.  I could see this being a great car for me…  More info on autoblog.

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Posted by LeGo, filed under Motivations. Date: December 4, 2007, 6:50 pm | 1 Comment »

Here are a few quotes from Scarface to get the blood moving.  Always a good movie for motivation.   If you need a boost, this is the place to get it.  Add your own favorite quotes below if I missed some.  I got these from imdb.

Tony Montana: In this country, you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get the women.

Tony Montana: I always tell the truth. Even when I lie.

Tony Montana: You know what? Fuck you! How about that?

Frank Lopez: Lesson number one: Don’t underestimate the other guy’s greed!
[laughing]
Elvira Hancock: Lesson number two: Don’t get high on your own supply.

Tony Montana: I’m Tony Montana! You fuck with me, you fuckin’ with the best!

Tony Montana: I didn’t come to the United States to break my fucking back.

Tony Montana: The only thing in this world that gives orders… is balls.

Bernstein: Every day above ground is a good day.

Tony Montana: You wanna fuck with me? Okay. You wanna play rough? Okay. Say hello to my little friend!

Frank Lopez: Hey, Tony. Remember when I told you when you first started working for me, the guys that last in this business, are the guys who fly straight. Low-key, quiet. But the guys who want it all, chicas, champagne, flash… they don’t last.
Tony Montana: [scoffs] You finished? Can I go?
Frank Lopez: Yes, I’m finished.

Tony Montana: Who put this thing together? Me, that’s who! Who do I trust? Me!

Tony Montana: I never fucked anybody over in my life didn’t have it coming to them. You got that? All I have in this world is my balls and my word and I don’t break them for no one. Do you understand? That piece of shit up there, I never liked him, I never trusted him. For all I know he had me set up and had my friend Angel Fernandez killed. But that’s history. I’m here, he’s not. Do you wanna go on with me, you say it. You don’t, then you make a move.

Tony Montana: Me, I want what’s coming to me.
Manny: Oh, well what’s coming to you?
Tony Montana: The world, chico, and everything in it.

Tony Montana: This is paradise, I’m tellin’ ya. This town like a great big pussy just waiting to get fucked.

Tony Montana: You think you can take me? You need a fucking army if you gonna take me!

Alejandro Sosa: Tony what happened?
Tony Montana: Aww, Alex, we had some problems you know, your man he wouldn’t listen to me so I had to cancel his fucking contract.

Elvira Hancock: Nothing exceeds like excess. You should know that, Tony.

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Posted by LeGo, filed under Motivations. Date: December 4, 2007, 2:43 pm | No Comments »

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