Comments on: Why You Should Lose $200-$300 Per Month http://www.snowboardjohn.com/how-to-lose-200-300-per-month/ A Study of Online Biz Risk Management Theory Fri, 25 Jul 2008 00:05:05 +0000 http://wordpress.org/?v=2.2.1 By: SBJ http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-11221 SBJ Thu, 15 May 2008 06:31:02 +0000 http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-11221 <p>I like your eloquence and the time you took to make your point - but ultimately there is no such thing as a skillful entrepreneur with no money.</p> <p>The turn around is whenever your incomings rocket past your outgoings - the point is to focus on skills acquisition, not financial gain.</p>PS there is no such thing as an "upward" goal. People delude themselves all the time into thinking they have "forward" goals, when really all they have are DIFFERENT goals to the ones that preceded them. Do not make the mistake of thinking "more money" is further ahead of where you are now, it may not be. I like your eloquence and the time you took to make your point - but ultimately there is no such thing as a skillful entrepreneur with no money.

The turn around is whenever your incomings rocket past your outgoings - the point is to focus on skills acquisition, not financial gain.

PS there is no such thing as an “upward” goal. People delude themselves all the time into thinking they have “forward” goals, when really all they have are DIFFERENT goals to the ones that preceded them. Do not make the mistake of thinking “more money” is further ahead of where you are now, it may not be.

]]>
By: Rebecca Laffar-Smith http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-11220 Rebecca Laffar-Smith Thu, 15 May 2008 05:10:45 +0000 http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-11220 I'm currently deliberately losing money in my business (tax work around to avoid losing my main income to taxes) but this entry made me wonder, how investing money into yourself/business to gain skills would equate into success. To use your poker metaphor, if you go to the table and decide you can lose $300 wouldn't you play it until you were out $300? You need to keep in mind the upward goal as well. When I play the pokies I go in with what I'm willing to lose, I play those coins but the money the machine pays back goes into another pocket. Do I walk out even at the end of the night? Not always, sometimes I'm up, sometimes I'm down but I never blew that entire $300 because I kept the profits instead of investing them into future losses. If you can afford to lose/invest $300 but all your focus is on your investment then where is the turn around? Will those of us who work to lose money never make any? Building generations of skill but not looking at how to apply that skill for profit just creates a talented pensioner. I’m currently deliberately losing money in my business (tax work around to avoid losing my main income to taxes) but this entry made me wonder, how investing money into yourself/business to gain skills would equate into success.

To use your poker metaphor, if you go to the table and decide you can lose $300 wouldn’t you play it until you were out $300? You need to keep in mind the upward goal as well. When I play the pokies I go in with what I’m willing to lose, I play those coins but the money the machine pays back goes into another pocket. Do I walk out even at the end of the night? Not always, sometimes I’m up, sometimes I’m down but I never blew that entire $300 because I kept the profits instead of investing them into future losses.

If you can afford to lose/invest $300 but all your focus is on your investment then where is the turn around? Will those of us who work to lose money never make any? Building generations of skill but not looking at how to apply that skill for profit just creates a talented pensioner.

]]>
By: Anon http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-686 Anon Thu, 18 Oct 2007 17:16:14 +0000 http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-686 <p>Now I know what I've been missing. Thanks for the reality check.</p> Now I know what I’ve been missing. Thanks for the reality check.

]]>
By: SBJ http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-372 SBJ Fri, 28 Sep 2007 02:35:38 +0000 http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-372 Actually Jonathon I don't believe in "value". And you just gave me a good idea for a post. Thx. Actually Jonathon I don’t believe in “value”.

And you just gave me a good idea for a post.

Thx.

]]>
By: Jonathan http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-371 Jonathan Fri, 28 Sep 2007 02:16:49 +0000 http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-371 Definitely more lucrative to focus on the value of what you're offering. The money will come. Definitely more lucrative to focus on the value of what you’re offering. The money will come.

]]>
By: Don't Worry About Money - Learn the Business http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-8 Don't Worry About Money - Learn the Business Wed, 29 Aug 2007 15:32:13 +0000 http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-8 [...] It was interesting enough… but the really good stuff was in the link he gave to Why You Should Lose $200-$300 Per Month. [...] […] It was interesting enough… but the really good stuff was in the link he gave to Why You Should Lose $200-$300 Per Month. […]

]]>
By: What can a snowboarder teach you about business? http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-7 What can a snowboarder teach you about business? Wed, 29 Aug 2007 12:35:00 +0000 http://www.snowboardjohn.com/how-to-lose-200-300-per-month/#comment-7 [...] I pointed him to a blog written by a snowboarder and businessman, John. Let's just call him Snowboard John. If you like what I write, you will certainly like what he writes as [...] […] I pointed him to a blog written by a snowboarder and businessman, John. Let's just call him Snowboard John. If you like what I write, you will certainly like what he writes as […]

]]>