I was a young, spunky 17 when I joined the US Navy.
I took home $500 and change on the 1st and the 15th.
TWICE per month!
I only had to give them my life 24/7/365.
Whatta deal, huh?!?!
I sold them my ONLY assets!
At 17 all I owned was my time and energy as a young ambitious fella.
And I gave it all for a grand a month.
That was the “trade” I made.
I’d say from a financial perspective I was a horrible negotiator.
But I was raised that you had to have money to make REAL money.
And how do you get money to start with?
You trade your most valuable assets for money of course.
Now, to be fair…
I did gain VALUABLE experience. (Also an asset.)
For example, as an electronics tech, they taught me a 6 Step Troubleshooting Method to fix radar, comm and crypto electronic equipment.
Turns out, you can use it to solve many life and business problems.
Go Navy!
The 6 Step has been far more valuable to me than the guvmint checks I cashed.
Now armed with the 6 Step I was a more valuable asset.
I found it easier for me to command bigger paydays.
But it was no “Quantum Leap”…
Not by a long shot.
Using the 6 Step I figured out what my real constraint was.
ME!
I was the asset.
ME being the asset, I could only give 24 hours a day!
Even if I worked 24 hours a day, it would hardly make a blip on my financial radar.
Ok.
duh.
So now what?
Understand the problem and it’s half solved they say.
But I thunk to myself, “I don’t own any other assets?"
“I don’t have the dough to buy assets?”
“I don’t think I’ve got what it takes to scrimp and save for 30 years to save up a heap of money to buy assets.”
…and after being under Uncle Sam’s thumb for 8 years…
I surely didn’t want to be a slave to debt.
So there was only ONE OBVIOUS and simple solution.
And according to a dead dude named William of Occam, it must be correct.
The obvious answer is: I must get assets without having to pay for them and without going into debt or owing somebody.
“But, that’s CRAZY I thought!”
How can that be right?
How do you just “get” assets without money and without breaking the law?
This question stuck in my brain, followed me around and wouldn’t leave me alone.
I KNEW it was the key to “leaping tall buildings” in my financial life.
I read 100 books if I read 10.
Plenty of them on how to start a business (with money) or titles like “Unlimited Power” and I even read a book called “Thick Face, Black Heart” which was soooo good.
But NONE with the “how to” to my obvious answer: “How do I get assets without having to pay for them?”
(And to this day I’ve never found a book with a direct answer. A few touched on it, but no USABLE details or method.)
At the tail end of my 8-year hitch in the navy, I had talked a very clever insurance agent at Principal Financial into sponsoring me for my insurance license.
Part of the deal was he was going to put me to work in his little direct mail operation.
But he wasn’t going to pay me hourly.
It was in that tiny mailroom in a rented office listening to the clank, clank, clank of the letter folder I found the answer I was looking for.
If you’re open to it?
I’d like to share with you what I figured out in the mailroom in PART 2.
It’s probably one of the most valuable things I’ve ever learned.
I semi-retired at age 38.
Today, it’s not unusual to make more in a day than I use to make in the first THREE YEARS I was in the US Navy.
I’d call that a quantum leap and I can do it from scratch with no money.
Now, I’m not going to ask you to pull out your credit card.
I AM going to ask you (because I am sharing one of the most valuable things I’ve learned with you) to please share this post.
I believe any hard-working soul who’s ever struggled with the time/money balance needs to understand how to get assets without paying for them and certainly without going into debt.
Would you help me spread the word?
Once we reach 100 shares, I’ll lovingly post PART 2:-)
Rooting For Ya,
Travis
Looking forward to Part 2.
Thanks Travis. More great stuff...!
Can’t wait for part 2 😃
- And , of course I shared it too... 👍