Learning the Rules of Business

I do not know how to do business.

I know how to make deals. Trading is within my wheelhouse just fine but I do not know how to take what I can do and start something new with it. Knowledge and skill just don’t fall in to the formula mentally for me to know that path.

Been listening to a few different podcasts and YouTube videos and he said a line that at least I think, taught me something important. Paul Heyman is, for those who do not know is a wrestling promoter and personality, that has done a fair amount in a lot of different places. Content, financing, and distribution are three things he deems the most important in reference to the business. He was on Steve Austin’s Broken Skull Ranch and it was just also a lesson in something else.

Until it happens, until the money is in your account, do not count on anyone honoring to their word, as he regaled those with how the pay-per-view company held more then two million dollars when they needed it and the company in charge of the ppv distribution thought it would be cheaper to handle it in court versus just paying them what had been earned from their contract.

Those three things if I can hammer out and make sure that I am not going from one paycheck to another should be a good set of things to start my future businesses. After that then the first things would be how to get money to invest into my business when for all intents and purposes I’m broke as a joke.

Always something to do. It seems no rest for the wicked, but I will stop here for now. Stay strong everyone.

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