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THE ONLY 3 ways of making money

Discussion in 'Making Money' started by NicholasVegas, Jul 5, 2016.

  1. NicholasVegas

    NicholasVegas Regular Member

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    I have not seen anybody say this here before, so I am creating a Thread about an awesome quote from a movie.

    (to the Mods: correct me if I am wrong but I believe I posted this thread in the correct place)

    Margin Call (2011) imdb.com/title/tt1615147
    Quote:

    "There are three ways to make a living in this business: be first, be smarter, or cheat."

    The more you think about it, the more it is 100% correct. Here are some of the examples / explanations I can think of:

    * Be first - get an idea before anybody else, kind of self explanatory. If you think of a way to connect the dots unlike other people, you wont have competition which is an automatic win. The hard part is getting the idea / making a connection that nobody made before / developing a new process. After that everything else is easier because there is No Competition. You are the first one!

    * Be smarter (be the best) - invest more time into a specific craft, a specific way of marketing, and try/fail/learn more than anybody else. As long as you don't give up and stay focused on one thing, you will get it. Kind of like a sniper, instead of spreading thin, be a master of a single craft. By being the best / smarter, you will rule at that craft. You can even set your own prices almost like a monopoly. As long as that craft doesn't become obsolete.

    * Cheat - brute force your way in. Just like spamming and all the blackhat methods of SEO. If you don't care about the methods of obtaining a goal, and only care about getting there: you will get there (or end up in prison :p)


    Let me know what you guys think!
     
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    Last edited: Jul 5, 2016
  2. Reaver

    Reaver Jr. VIP Jr. VIP

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    I think you have too much time on your hands.
     
  3. healzer

    healzer Jr. VIP Jr. VIP

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    That's a good reminder for some of us :)
     
  4. Aty

    Aty Jr. VIP Jr. VIP

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  5. NicholasVegas

    NicholasVegas Regular Member

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    Yes! I am glad that I found this forum. Such a better investment that watching movies...

    However, I am yet to start getting some practical experience and not just read theories on here. I guess one step at a time ;)
     
  6. sifuphilly

    sifuphilly Newbie

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    Just backing up and taking a bigger view of this -

    Being first is fine - for as long as it lasts. You'll have competitors up the wazoo before you know it.

    Cheating - although it isn't like the movies where the ugly bad guy always gets caught by sexy FBI agents, you still have to have a taste for that lifestyle and be able to live with yourself in the process.

    Smarter - I think that's the best bet of the three. You don't have to be first and you don't have to cheat.
     
  7. Reaver

    Reaver Jr. VIP Jr. VIP

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    There are plenty of working methods and guides here that you can try. It's not just all theories. But yes, get some experience and find out what works for you.

    And don't wink at me.
     
  8. Conor

    Conor Elite Member

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    What about porn?
     
  9. NicholasVegas

    NicholasVegas Regular Member

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    What do you suggest?

    To me it sound like way too much competition... But I am not speaking from experience.
     
  10. luminus

    luminus Junior Member

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    I think it's worth remembering that there's one other, more common way.

    * Be lucky.

    This is why you have to work so hard to do the other three things. Because no matter what, somebody has more money and more employees than you. Maybe they were born with it; maybe it's nepotism. Either way, you're probably going to have to be persistent as often as you are the smartest, best, or most cunning. Think about it:
    • The best, first, or trickiest applicant doesn't always get the job. The trust fund kid who went to a school with better name recognition than you might.
    • Facebook might not be the best social network, but chances are good that out of inertia it will be the one that lasts for a long time.
    • The best SEO service might not be the one that you find when you search on Google, but somebody probably spent more money than somebody else to put themselves first.


    The smartest, first, and trickiest don't always win. Sometimes it's just goddamn luck.

    That's why everyone on BHW is here - because we know it takes more than brains and tricks to win.
    Keep trying and eventually you might get lucky too.
     
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