In the latest episode of Minority Business Access, host Solomon RC Ali explains how his company’s smart home technology intellectual property disrupted and cornered an entire industry. With the help of former hedge fund manager, Ian King’s YouTube video, Solomon explains how to get in on tech innovation at the ground level, before the herd, and earn big returns.
Investing in the early stages of a company’s lifecycle is key to earning returns on your investment of as much as 200%, 300%, or even 1000%, but it does involve some risk. While companies that have been around for 30 years are safer investments, you aren’t going to get those game changing returns. To invest effectively at the ground level and avoid market saturation and the herd, learn how to spot potential market disruptors and new stocks before they soar by studying industry trends and vetting a company’s management team before investing your money.
Watch the episode here
Listen to the podcast here
Investing Early Before The Herd Rushes In
Thank you guys all very much for being here. I hope the information that we share is going to be useful and that you will find it extremely helpful to you. We’re going to do something a little different than what we’ve done in the past. What we’re going to do is we’re going to look at an interview where they’re talking, getting to know each other, and talking about what it takes to be successful and how you project.
Project is extremely powerful. It’s a tool that I use in my meditation and my prayer. Being a Christian person, I love to go ahead and pray. Then I turn around and I visualize the things that I would like to see happen. I spend 20 to 30 minutes, not every day, but a lot throughout the week, visualizing and picturing where I want to be. When I’m in a deal, I picture the whole situation. I picture everything from the start of the deal, the negotiation parts of the deal. I picture everything. I ask all the different questions, the questions that I’m afraid to ask in real life. I ask them in my meditation. By asking those questions in your meditation, when you ask them in real life, you’re no longer afraid of asking. I visualize the answer and the response from the person, and I normally get the answer that I’m expecting, which is normally for me positive because I’m always expecting a positive answer.
This is extremely important. If you’re going to be an entrepreneur or if you’re a business person or whatever it is that you want to achieve in life, this is critical. People ask me how do I make money. Yes, I make money doing deals. Yes, I help companies. Yes, I’ve sat on the board of three publicly traded companies as an officer and as a director. I helped scale two companies to become the largest companies within their industries. I’ve done those things, but this is how I’ve done it. I’ve done it by focus and meditation. Focusing on who I was, what I was looking for in the deal, what the other party actually wanted from the deal, how can I give them what they want and still get what I want.
I’m a believer in the old saying, a win-win, all parties must win. Everyone that’s involved in the deal, has to be a win-win. That’s the only way they’re going to feel good. That’s the only way I’m going to feel good. When you create a win-win scenario, you really have to be thinking about the other person and their needs. You can’t think about when you go into a transaction. You can’t think about what you want. It can’t be all about you. You have things that you would like to get and things that you would like to achieve, but please understand it cannot be all about you. You must focus on what the other person wants. What are their desires? Why do they want it? Why do they even need it? When you understand that and have an appreciation for that, then it’s two humans speaking to one another, trying to negotiate something where it’s a win-win for both parties.
We are going to have some clips of a video here. I’m going to talk a little bit about it from my perspective. These guys have done an awesome job in explaining this stuff and taking you through it and everything like that. We’re going to go through it and if you have any questions or things of that nature, reach out to us. Hit us up at SolomonRCAli.info. A team member of mine will be glad to speak with you and to help you out.
Money for a moment because you mentioned how you were making $4,000 a year. Your expenses were $6,000, I think, or something like that.
My expenses run $6,000. I owed everybody that I knew.
You were making around $14,000 a year shortly after that.
Sometimes before you can get to where you’re going, you must help someone else to get to where they’re going.
I went from earning $4,000 a year to $14,500 a month. If you annualize that, I was $175,000 a year. I went from earning $4,000 a year doing $175,000. I hadn’t earned $175,0000 that year. I got it up to $14,500 a month. If you annualize that, that’s a phenomenal change.
Is it possible for anyone to go from poverty level to extreme financially successful?
Absolutely. I think earning money is one of the simplest things ever learned and it’s one of the most misunderstood things. Wealthy people historically have always had multiple sources of income. They don’t have one. They have many. I was cleaning floors. I thought the answer was to work harder because I really want to earn some money. I thought it was all-important. My attitude towards money has changed dramatically, but I thought the answer was, “Get another office to clean.” I was working so hard, I passed out on the street. I would have been maybe 27 or 28. I came to and there’s a great big cop looking at me.
The objective is not to work harder. It’s to work smarter. It’s to utilize the tools and the consultants and the talent that’s around you. You have to utilize the tools and the consult. You have to leverage your relationships. When I say leverage your relationship, I’m not talking about going out using anyone or taking advantage of anyone. I’m speaking of leveraging your relationships. Again, every time you do something or you do something with other people, that must create a win-win scenario. There’s something about the energy that when you do that, it’s a give and take, that magnetic force and it keeps going. When you take and you don’t give, then guess what? Your well is going to run dry a lot quicker. You might have a moment of success, but I assure you, it’s only going to be a moment of success.
When you actually give, it works. It’s a magnetic thing and it keeps going back and forth. The energy and everything become endless. What he’s talking about, I believe, is this. You’re looking at it. He thought he had to work and work. I’ve been there and you’ve all been there as well. You’ve all thought the key was to do overtime, work overtime, start another business, or raise some more capital. We’ll do these things. That’s not the key. The key is relationships, leveraging your relationships, creating win-win scenarios, and utilizing the technology and your consultants. The things around you help you to get to where you’re going.
Sometimes before you can get to where you’re going, you must help someone else to get to where they’re going. Be of service, do something, and create something of value for them. They would appreciate it, they will share the word and pass that on, and then you will have more business than you can shake a stick at. If you don’t do a good job, that’s why so many of you have problems and that you continue to struggle because you go in. You haven’t taken the time to learn your craft. You haven’t taken the time to learn about your industry. You don’t know what’s actually going on. You’re looking at it as a paycheck. If you look and take that attitude, you’re always going to be over, broke, working poor. I don’t care if you work for the man and the man being, “Let’s not bring anything else. The man is somebody that you work for.” If you work for the man, you’re going to be over broke. Why? Because we tend to spend the money that we bring in.
Most people are consumers. They tend to spend everything that they bring in. Don’t be a consumer. If you turn around and you’re of service, and I go help Bill do something and I do a fabulous job. I over-deliver, I over-exceed Bill’s expectations, Bill’s going to tell someone else. Now, I have two people to work with. If I over-exceed their expectations, because everyone has expectations. It’s your job to find out what it is that their expectations. What are they? Where are their expectations at? If their expectations, let’s say on a scale of 1 to 10 is at a ten, and you’re delivering an eight. Bill’s not telling anyone about you. Why? Because he wasn’t satisfied or happy. It wasn’t a win-win scenario. He didn’t win in that scenario. In the end result, neither did you.
You’ve got to go out and try to drum up and find some more business. If you put yourself into it, you’re all into it and you do the work, then Bill’s going to be like, “My expectations of this guy were only a ten, but this guy delivered me a fifteen or a twenty.” Guess what? Bill is telling two or three other people. Now, you’ve got two or three other people calling you. If you keep repeating that process, that’s how you’re going to be successful. Solve someone else’s problems. Under-promise and over-deliver, and that starts with meditation. You’ve got to focus. You’ve got to visualize what it is that you want to do, the service that you’re going to provide for them and how you’re going to provide that service.
You’ve got to see them with a smile in your visualization. I’ve got to see them like, “Happy, pleased, and everything like that because if I see them that way, I know that I’m going to deliver the service. I’ve got to see myself enjoying doing the work, enjoying helping them, enjoying being a benefit to them, adding to their life.” When you can do that, then you don’t have to worry about, “Let me go do more work.” You don’t have to be on that some people would say the grind, the hustle, or whatever. Now, you can focus. That’s how you build a business. That’s how you work smarter. That’s how you help other people. That’s how you become successful. You must see it first. I wanted to get that in really quick. Again, this is my opinion of what’s actually taking place and what it actually takes. It worked for me. I’m sure it’ll work for you.
I was laying there. It was scary. There was a group of people around me. I saw lights flashing, then I saw a couple of guys in uniform with a stretcher. I had passed out. I guess they thought I had dropped dead. I had a heck of a time getting away from them, but I did get away. They didn’t take me to the hospital. I talked them out of it. I got away and I got thinking, “I’m not doing this right.”
Working harder. Working more hours is not the way.
No, in fact, Napoleon Hill wrote that in Think and Grow Rich. He said, “If you are one of those people who believe that hard work and honesty alone will bring riches, perish the thought. It is not true. Riches, when they come in huge quantities, never come as a result of hard work. They come, if they come at all, in response to definite demands, based upon the application of definite principles, and not by chance or luck.” You’ve got to find a demand and fill it, but you’ve got to follow definite principles. In other words, you’ve got to be in harmony with the law. You’ve got to give more than you get. If you’re trying to get, forget it.
Definite demand. What does that mean? That means there has to be a need. Again, I was talking about that earlier. Solve the problem for other people. That’s the need. What is the problem that people are facing? What are the problem and the challenges that they’re having? Solve that problem. If you solve that problem and you exceed their expectations, you’re going to always stay in business. That’s what you’re trying to do. If you’re in business and you are not solving a problem and you’re not creating a demand by exceeding people’s expectations, you’re going to fail. You’ve got to solve people’s problems and that creates a definite demand. Because people out there want something and you have to figure out what it is that the masses want and solve that particular problem for them.
You’re doing something wrong. I was earning more money, but here I am passing out. This is not normal. A little voice in my head said, “If you can’t clean all of them, don’t clean any of them.” I got all dressed up. People now accuse me of sleeping in my suit. I wouldn’t take the suit off. It didn’t matter where I was because I knew the cleaners were tired and I would go around. I got other people cleaning offices. I knew pretty well where they’d be, so I drop around. I bring coffee and donuts. I would drop in and I would talk to them about goals. I’d go to the next person but I always was dressed up. Because I knew how tired you get and if I was in working clothes, they’d expect me to help them so they could finish and go home. The answer is simple. When I had shiny shoes, a suit, shirt, and tie, they didn’t expect me to help them clean. I’d run to the next place and then the next place. That’s when I started to open offices. I went From Toronto to Montreal, to Boston, to Cleveland, to Atlanta, to London, England.
You’ll hire cleaners.
Everywhere I went, I had people cleaning.
What should someone think about if they’re struggling financially right now or they feel like they’re, they’ve been struggling for many years? It feels like they’re surviving week after week, month after month, and not sure how to get to that kind of sense of freedom for at least a six-month runway or beyond. What should they start thinking about?
What you’ve described, I believe the majority of people are living that way. Now, that’s rather sad, but I think it’s true. It’s because we only have one problem in the whole world and that’s ignorance. They’re living in ignorance. They don’t know that what they’re doing is going to keep them where they are and they keep doing it because they don’t know how to change. They’re overwhelmed with debt. People are saying, “I need the money.” They haven’t got it. They want to take their family on vacation. They don’t have the money to go. They may borrow it and go anyway. Now, they got more debt.
You don’t have to lie. You don’t have to cheat. You don’t have to steal in business. You have to do the work.
They have to understand that they don’t have to live that way. I wrote a book called You Were Born Rich. The truth is you are. Most people are a little short of money, but you are born rich, rich in potential. Anybody can go to our site. Go to BobProctor.com. You can download the book, You Were Born Rich, free. It won’t cost you a cent. Chapter two is How Much is Enough? It described very well how to get out of debt. You’ve got to create a debt repayment program where it’s all done automatically. Then you focus on prosperity. You’ve got to have a financial goal. You’ve got to work toward it and you’ve got to understand that you can earn more than you’re earning. Wealthy people don’t have one source of income. They have more than one.
Money As A Tool
Those of you who know some of the things I said, you want to be a lender and not a spender. You want to be a lender, not a borrower. What we’re talking about is everyone makes money. It’s what you do with your money. Money is nothing but a tool. If you gave a carpenter a hammer, he knows what to do with that tool. You have to be retrained and refocused on what to do with your tool. When you get money, you can’t go out and say, “I want to buy a pair of shoes, a new suit, or a shirt. I want to buy this new car or this bigger house. I go out to these fancy restaurants,” or things of that nature or any for that matter of fact.
You’ve got to sit back and say, “If I had $100, I got paid $100, what am I going to do with it?” The first thing I would do with it is pay my tithes. That’s the first thing right off the top. That’s me now. What I will say to you is this. The next thing I’m going to do is I’m paying myself 30% of every dollar I made. Understand 30%, that means if I made a $100, I’m giving myself $30. I’ve paid my tithes. Normally, I’m going to pay about 10%, sometimes a little bit more and things like that. Already $40 is off the top. It’s gone. $10 went to pay my tithes, $30 went to me, but I’m visualizing this stuff.
This is really important. I need you to understand and get this. The next thing I’m going to do is I am going to save for an investment of some kind, another 10%. All that $100, I am going to save to make an investment into something, a business, a piece of property, somebody’s investment, buy some stocks or something, at least 10%. Now, I’ve already saved 30% because I paid myself first. I take that money and I put it aside. That becomes my wealth plan. Money accumulates. It’s like the Law of Attraction. Once you start saving and you get more and more, you’ll find out a funny thing. You’ll get enough. You don’t want to spend and that happens. I don’t know why, but you’re not going to want to spend it.
Now, I’m at 50%. You’re probably thinking, “How are you going to pay your bills with 50%?” Guess what? Bills are a liability. They’re not making me money. They’re costing me money. You all heard this saying and you’ve all lived it and experienced it. The money stops and the bills keep coming. You’re in debt. You’ve got to get up and go to work to pay the bills and meet the obligations. If you invest that 10% into something that is going to make you money, that’s going to generate money. It doesn’t matter in the beginning how much it generates, as long as it’s a safe investment, low-risk investment. As long as you’ve done the due diligence that you’ll follow the experts of your consultants and things like that, that money is going to come back with friends. If you can imagine planting a seed and a tree growing, and all of the fruit from that tree from that one seed, you’re able to eat off them. Not for a day, but for a lifetime. You still got your 30% that you put away over here. That’s what you did with your 10%.
You’re going to turn around and you’re going to take the other 50%. You’re going to go ahead and take care of all your obligations and everything of that nature. That’s what you should do in my humble opinion and it works. What makes it work is because as I continue to accumulate money, I’m not spending all the money that I’m bringing in. No, I’m not cheap. I’m frugal. I’d rather spend my money on an investment, investing into something that’s good. That’s going to benefit me, so that my money works harder and not me.
I don’t want to pass out on the street trying to hustle, get in, and think I can clean it all and do it all because no one can. We only are going to have so much energy and there’s only so much time in a day. The money becomes a tool. The money becomes a partner. It goes out and works as hard as I’m working. That’s the trick. Get the money to work as hard as you’re working but you got to keep working in the meantime doing your thing. You got to keep working. You got to keep doing the right thing and that’s what people don’t understand. You don’t have to lie. You don’t have to cheat. You don’t have to steal in business. You have to do the work. Most people don’t want to do the work.
Most people want to go out and get a fancy suit and perpetrate like they got it going on because everybody’s looking at their image. They think, “He drives a fancy car and he’s in a fancy suit. He’s got it going on.” Women, you get with this man, and then you find out he’s in debt and you have to help him pay his debts and obligations. You don’t want to be in that situation. It can happen in reverse, too. A guy meets this beautiful woman and everything. She dresses all nice and everything. You’re sitting back there all of a sudden, you’re taking your seed trying to court her, and then you get with her and realize what? She got so much debt and everything like that, and the first thing she tells you, “If you’re any kind of man, you’ll help me work. Take care of these obligations.”
Now, you’re in a catch-22. You’re all conflicted and everything, and you’re like, “Good Lord, what happened here?” There goes your seed. Your seed is gone. You gave your seed away to a consumer. That’s what you’ve got to stop. Whether you’re a man or a woman, whoever, what you have to do is say, “This is my seed and I am going to invest my seed. My seed is going to come back with a harvest. I’m going to tend to that field that I’ve created because that’s my job, and its job is to make as much money as I’m making.” This is important stuff because it isn’t easy.
“You can actually earn more money when you’re sleeping than you can spend when you’re awake. It sounds like a cute line, but it’s true. There’s no end to what we can earn. If you are not getting information from someone who is already wealthy, then you’re probably getting information from the wrong people. Most people ask their brother-in-law or the guy next door, the girl they know, ‘How do I earn more?’ If they knew, they’d be earning it. They don’t know. Most people talk to people that don’t know.”
Did you all hear what he said? If you’re not getting information from someone who is wealthy, you’re getting information from the wrong person. I couldn’t have said it any plainer. You’re getting information from the wrong person. This is no disrespect to anyone. I don’t care if it’s a college professor. I don’t care if it’s an attorney. I don’t care if it’s an accountant. I don’t care where you’re getting the information. I don’t care even if it’s another business person. If they are not wealthy, if their money is not making them money, you are talking to the wrong person. I’m a lender. I’m not a borrower. I will do without. I will eat beans before I will go spend my money on something that’s not going to bring me a return. That’s the honest to God truth.
The Right Investment
When I visualize something, I’m visualizing me making investments into something that’s going to work where I’m looking at the management team. I’m looking at the industry. I’m looking at the different things that, “This company is going to grow by triple digits. Are they re-investing their money to grow the business to make it more profitable?” I’m looking at those things. You didn’t hear me. You’re not understanding what it is that I’m saying because you’re missing the four things that I said, that a lot of people that are very wealthy, what they do and how they do it. Most of these guys run private hedge funds, private equity, venture capitalists. They’re investing into other businesses and you guys are not paying attention. They’re doing the due diligence. They’re doing the homework.
At Solomon RC Ali Corporation, we do the homework for you. We go out, we look for companies to help who are looking to scale and to grow their business. What does that mean? Companies who are looking to scale, to re-invest capital back into their business to scale, to grow, to create more value. They’re looking for investors who are looking to grow with them. What do the investors and how do they benefit? They get to grow in their profits. You have to invest and look at the management team. You got company. You’re looking at it. It’s doing what? They’re re-investing. The people are wealthier than you. All of a sudden now you know, “This is probably a good investment for me to take my 10% that I’m saving.”
Not your 30% that you’re putting away. The 10% that you’re putting aside for the right investment, for that money to go to work. That 30%, I know you are going to say, “It’s for emergencies.” No, it’s not. It’s to sit there because you’re going to continue to add to it. As you continue to add to it, you’re going to find out later that all of a sudden, lenders and other investors are looking at your wealth and they’re willing to give you more. It’s an attraction. Money attracts money. That’s what happens. If you’re in debt, guess what happens? Debt attracts debt. You’re going down. You’re over broke.
If you want to invest in a company, you want to get in early. That’s where the greatest returns are.
The management team is doing their job. They’re re-investing, then you’re looking at the industry and the industry is a huge industry that has scalability within the industry for the industry to grow. That’s number three and then number four is very simple. You’re looking for that company that can grow by triple digits. You have the right investment because you have those things that are actually in place. There are some other things, but those are the critical things, I believe. Your money is starting to make money. You make 200%, 300%, 3,000% return on your money. That’s how you make money. That’s what we’re talking about. That’s what visualization does. To sit back and visualize I’m not a consumer. I’m a lender. I’m an investor. That’s what each and every one of you have to do. Look for the companies that people are working with, who are investing money, when everybody else is dumping that stock are running away from that company.
We were in COVID-19 in 2020. Everybody’s panicking, freaking out, and everything like that, not realizing, “This is the time to buy.” That was the time to scale. That wasn’t the time to flee. That was the time to double down and say, “If you’re in the restaurant business, let me go buy up all the ones that are going out of business.” All of a sudden, you have a chain of restaurants. If you own a bar, you go buy up all the bars. I’m using that as an example, but now you can go from one bar to multiple bars. Guess what you may need? You might need partners. Your partners or the investors who come in and say, “Yeah, we’ll ride this out the next 24 or 36 months with.” Because now you’re growing within that industry, whereas everybody else is fleeing the industry.
Here’s what most of you do is this. Everybody hears about something hot and what do they do? Everyone starts buying. Why are you buying when everyone else is buying because now the prices are up? You’re buying at the top of the market. Prices are shooting up and everything like that. That’s absolutely crazy. The people making the money are the ones getting out because there’s a huge demand with everybody coming in. You want to get in early. You want to get in when companies are going from that private to the public stage.
That’s where the greatest returns are. Not once they become retail stocks and everything of that nature because the movement in the stock is going to be very small, and definitely in my opinion, blue-chip stocks are great if you’re already wealthy. You want to own the blue-chip stock because you’re only going to see a small movement, 3% or maybe 5%. Guess what? You’re not going to see a movement up or down. It’s going to be 3% or 5% up, 3% or 5% down. So pretty much, the money is safe. That’s why it’s a blue-chip stock. It has a lot of liquidity and everything like that.
What I’m talking about are the stocks that have a great deal of volatility that will continue to climb because of the industry they’re in, because the company is ran by good managers because they are re-investing their money back into the company, and because the company has the ability to scale by triple digits. That’s what you’re doing with your 10%. If you didn’t get anything else, get that. Stop being a consumer. You don’t need that pair of shoes. You don’t need that shirt. The other day I went to my grandson’s birthday party. He turned two. He must’ve got about $1,000 worth of gifts. Give or take, maybe a little bit more, maybe a little bit less. I looked. You got to understand I’m looking from the eyes of a 56-year-old, about to be a 57-year-old man. I’m sitting there and I’m looking. I’m saying, “All of these toys, he got, he was only excited about one or two of them. The rest of them, he was not going to play with, or he’s going to outgrow in about 90 days, 120 days.” It was a revelation.
It was like, “That was a waste of money. A lot of money.” I didn’t do this when I was younger, so I can’t really say anything, but I’m going to say it because now I have a little wisdom. If I’m the parent, you know what I’m going to say? “Screw that. Don’t bring my kid no toys. You can get him some certificates, some stocks, some bonds, some things that are going to go up in value, so that in 10, 20, 30 years, guess what?” His money is making money and it came from the gifts and things of that nature.
We got to get smart. We got to look at what we’re doing and stop becoming consumers. Otherwise, you’re going to be over-broke and you deserve to be exactly where you are. If that’s where you want to be, there’s nothing wrong with it, but don’t kick the next guy because he’s out doing it the right way. He jumps in his Bentley or his Rolls, or he lives in the house on the hill and you live down there and you’re struggling. You’re struggling because you’re making bad choices. Some of you are only making bad choices because you don’t know any better.
That’s why we’re here in the show to try to give you the information, so you can make a more informed decision. Once you make the more informed decision, you might come to the decision that it’s not for you. For some of you, that’s going to be what it’s going to come. You’re going to be like, “I’d rather dress good.” I have some women friends that they’d rather dress good. They don’t care. They figure someone else will meet that need. I have some men friends that say, “I want a new car.” Some of you are going to be stuck in it, but you now at least have the information and the knowledge to make an informed decision.
Don’t knock nobody for trying to get it and I’m not going to knock you, and they shouldn’t knock you for being happy right where you are, being over broke. I was about to use some profanity. I’m going to say it this way. If you want to keep your butt over broke, keep doing what you’ve been doing. I think they say that’s the perfect definition of insanity. If it hasn’t worked for you and if you’re not following somebody who’s wealthier than you and you want to keep doing it your way, then you’re helpless. Until you decide that you’re going to take some information and go accumulate some knowledge, and apply that knowledge somewhere else.
The collective wisdom of individual and that’s where most people are getting it. From people who don’t know any more themselves. That’s why these seminars are so important. People have the opportunity to go and learn. Most people won’t pay to go. I tell people, “You invest in this. It’s probably the last time you’ll ever have to borrow money.” Our seminars are not raw. It’s not nothing. Our seminars teach people about themselves. It’s like when Bill Gove said, “If I want to be free, I’ve got to be me.” I’m thinking I better know who me is. I didn’t know who me was. I was doing a lot of things. I was doing them right, but I didn’t know who I was. I started to study me and the more I know me, the better I know you. You only have to study yourself. You’ll know what everybody because we’re all the same. It’s our behavior and results that are different.
I heard a friend of mine, Dean Graziosi. I don’t know if he coined this or someone else said it, but he said, “Those that pay, pay attention.”
I never heard that before, but that is the truth.
If you don’t pay for it, you’re not going to pay as much attention. If you pay more, you’ll pay more attention to learn this.
I had an aunt and uncle who were as poor as church mice. They didn’t have anything and they had a whole houseful of kids. I used to drop by their house periodically. I was doing very well and I was teaching seminar.
I’m probably going to end it here. You have to make an investment in your education and accumulating knowledge. What he’s talking about is you’ve got to learn something and get out your comfort zone. If you want to be in the manufacturing business, first you’re going to have to learn about the manufacturing business. Second, you’re going to have to learn about business. There are things that you have to learn and you’re going to have to make an investment in yourself to be able to go out and do that. I know a lot of my investors out there and people who follow me and everything like that say, “I want to make money.” You have to learn the principles. Making money is easy, but making money is hard at the same time. Hear what I’m saying.
Here’s what makes it hard. People being lazy. They don’t want to do the work. They don’t want to gain the knowledge. All they want to do is sit back. A lot of people invest, but what they’re really doing is gambling. They’re throwing caution to the wind. They’re playing chance. I don’t play chance with money because I earned that money. Why would I play chance with something that I used my blood, sweat, and tears to accumulate and gamble it away? Somebody asked me the other day, “You want to bet on this?” I said, “No, I don’t bet.” He said, “Why not?” I said, “Because I don’t gamble.” He said, “It’s a $10 bet.” I said, “I do not gamble.”
These guys have done an awesome job. Again, be wise with your money. Don’t be slothful. Don’t be lazy. Save your money. Save 30%. Invest 10%. If you’re like me, pay your tithes and offerings, and things of that nature. Then live on the rest. Once you accumulate money, become a lender and not a spender. Become an investor, not a borrower. That’s what you want to try to do. You don’t need the extra pair of shoes. You don’t need the extra shirt. You don’t need the brand-new car. What you need to have right now is your money’s earning money. Your money should be working as hard as you are. If you’re making six figures, get to a place to where your money is making you six figures a year. Because that way, you got a pretty comfortable life whether you work or not work.
We started this thing off about focus and meditation. That’s what I do. That’s what helped me to get to where I am now. I’m pretty successful at what I do. I’m pretty good at what I do in closing deals, but I do visualize on these deals. I visualize every step and every aspect. I create a win-win scenario for the other side first. I need to know what they want and what they need so I can deliver that to them first. That’s me being of service, solving their problems. That’s what you’ve got to do. Visualize solving their problems, understand what their needs are, then a win-win for yourself. Because now you know you’re in business, you have a medium of exchange taking place., you’re providing a service, and they’re paying you for it.
Look us up at SolomonRCAli.info. We can help you. Whether it’s the ABCs where we’re helping you to arrange capital for your business, to grow your business by acquisition, mergers or simply organic. Look us up if you’re looking to build wealth and you want to be an investor and invest in new companies that are basically hidden new industries or within the same industry but that’s growing by the triple-digit growth. You can participate in that and have the huge returns. Again, we’re not promoters. We’re not market makers or broker-dealers. We’re none of that. All we are people who are trying to educate you and inform you on what’s available and what to look for so you can make a sound decision and the best thing is do the work.
Become a lender and not a spender. Become an investor, not a borrower.
I have a book coming out in late 2021. It’s a must-read. You need to read the book. It will help you to avoid all the minefields whether you’re a CEO looking to grow or expand your company or simply need capital, working capital to help you there, or if you are an investor looking for the right type of investment to get your mind. How do you invest? How do you know what companies to invest in? I know some of you out there invest in stocks and everything, but you don’t know anything about the companies. All you’ve done was follow the frenzy. Other people jumped in, you jumped in. You’re losing money and you don’t understand why because you threw your money to chance. Let’s do it the right way. Let us help you to understand how to do it the right way and some simple principles.
They’re my principles. They work for me. You’ve heard that they worked for some other people as well, and they may work for you and help you to make some money. Last but not the least is you’ve got to use consultants. We provide a consulting service. It doesn’t have to be us, but it needs to be someone. I’m willing to leverage my relationships with the people that I work with to help you to develop your business or to help you to invest.
Thank you so much for reading. I hope this has been helpful to you in some way. Please read it over and over again, and share it with a friend, especially if you look like me or if you are a person that had to bootstrap their companies before or you’re a person that’s looking to start your life over and you’re having to start from the bottom and grind it out. This is what you want to do. Keep looking at it, keep reading it, and follow the principles. Good luck.