I’ve done both professionally for more than ten years.
One of my first endeavors included selling cookies and toys on a stand outside my mom’s apartment when I was 10. When I joined the school band at the age of 8, I played the clarinet outside the local store to raise money (I brought with me a friend that played trumpet). At the age of 15, I started a clothing line called LJ (Limitless Juggernaut) which was sold in a local store in Tønsberg (a small town in Norway). When I was 18, I started a phone company in Norway selling imported phones from China. I made some big bucks at that time (2000 USD a month) while I went to high school in 2008. When I was 19, I joined BI Business School (just like a US business college), and started on a bachelor degree in Entrepreneurship and Business. At that time I founded MyGoodAct.com which I ran for more than five years. It raised more than 1.5 million USD to social causes worldwide (but failed in the end due to low operational cash flow).
As I’ve previously written, I started CCN.LA in 2013, that’s the time I entered the bitcoin market. I made some big bucks on that as well, and withdrew it all (I took the profit). I would have had a lot more money if I didn’t sell all the bitcoins, but at least I was able to sleep well at night after I had secured some profits.
And then I’ve earned some and lost some making different margin investments with CFD (which I do not recommend anyone to start with).
What I’ve learned
There is one clear answer to whether you should invest your money, or use them to create a small business:
Focus on creating. Don’t let trading nor investing become your entire life. If you fail at trading or investing, you won’t have anything left.
What I mean: If your only job is investing or trading, you take the highest risk of us all. If you lose your money, you won’t have anything else to do. You could try to apply for a job – but you will not have an attractive CV. You won’t have any specialized knowledge, except the knowledge of how to lose your money in the markets. I wouldn’t want to be in that position. And be honest with yourself: Do you really want to spend your entire life watching numbers go up and down? Is that your life’s purpose?
Focus on creating
It gives you much more to create rather than trade. You will inspire friends and family; you will become a role model for other people. When you focus on creating a new solution, a new business, a new service, you immediately start to acquire new knowledge. Knowledge that you can use in other ventures if your first venture fails.
And when you succeed with a business, you will be so high on “adrenaline” because your entire life situation will change. Maybe you can leave your regular job to focus entirely on your new startup. Maybe you can hire employees to help you on your new entrepreneurial journey?
Make investing your second priority
I’m not saying you shouldn’t invest your money, money that you earn from other ventures. I’m just saying that you should focus on creating a more fixed or stable cash flow. And only invest money that you don’t need, money that can be lost. If you got enough money flowing from your venture, then there’s no reason that you shouldn’t invest some of that money. But always keep your ventures your first priority, and your investments your second.
Exactly what I do
I’m focusing on creating. Create new businesses, new services. Nothing is more important than to increase your cash flow on a monthly basis. Investments and trading are fun, but you can lose as much as you earn. It isn’t stable enough. To reach my goal of $1 000 000 I’m primarily focusing on increasing my yearly revenue, so should you.
What’s positive with creating?
- You create a more stable monthly cash flow
- You won’t lose money (as you can control expenses)
- You will gain knowledge and become attractive in the job market (entrepreneurs are HOT these days)
- You will get new ideas for other ventures
- You will inspire and help other people to do the same, start a small business and become financially independent
What do you think? Do you already have a business? Are you only focusing on investing?
My first experience with Robot Trading: Up $5 000 in Two Weeks
Since I’m pressed on time with multiple obligations (job, familiy, hacked.com, CCN, MoneyMakers) I decided for a couple of weeks ago to look into robot trading. I wanted to find one or multiple robots to do the trading for me. I ended up with downloading MetaTrader 5 and buying two different robots from their marketplace. I started with 16 000 USD on the trading account, and after two weeks the robots have made me $5 000.
That’s a whopping 31% increase within 2 weeks…!
My robots usually trade during the night, and I’ve decided to completely trust them. The 16 000 USD is a sum I’m more than happy to lose if I can learn anything from dealing with trading robots.
When that is said, MetaTrader’s interface really “SUCKS”. It’s so bad, I can’t understand why MetaTrader is considered the best trading terminal for robots. Maybe that’s a good business idea for someone out there? Disrupt MetaTrader.
So, which robots do I use?
I do not want to disclose that just yet, I need to test my robots rigorously before I can recommend any of them. And if this is a money making machine, we can laugh all the way to the bank.
Have a good weekend.
Due to High Demand: MoneyMakers Now Available as a Monthly Membership
Since we opened for registration yesterday, we received many requests to offer a smaller membership for a monthly fee instead of the yearly $5.999 offer. I am all for listening to our members at Hacked.com and I have decided to open a new membership level on MoneyMakers.com for $249 per month. It is a lite-version of the premium yearly offer, and if you want more support – you are free to upgrade to a premium membership.
Limited Discount Code
For the monthly membership of $249, I’m giving the first 50 clients a $50 monthly discount by using the coupon code: C173C8F840
Get guidance from our team and receive a mentor to help you in reaching your financial goals. If you follow our rules, you will reach your financial goals within ten years. If you don’t, we will refund 50% of what you have ever paid us. If we see that we can’t increase your returns more than this membership cost, we will cancel your membership and issue a one month refund.
And yes, you can pay with bitcoin, just email me: jonas.borchgrevink(at)moneymakers.com
Limited Offer: MoneyMakers is Now Open for 10 Members Only
I’ve decided to start with 10 members only for MoneyMakers.com. I’ve priced MoneyMakers.com after what my team and I will provide for you during the course of a year(s). I initially thought we could do a monthly fee, but this seems to be counterproductive as our service will be focusing on longterm growth, not short term.
Also read: Pre-register for private consultation
This service is a 1-1 service, you will get full backing by me and my team if you join.
While the price is high, your outcome is expected to be higher. You can read more about what we will offer and which guarantees we will give you here: https://www.moneymakers.com/checkout/?level=1
I will only start with 10 members initially. Due to the interest I’ve received, the available memberships will fill up quite fast.
MoneyMakers will eventually evolve into a full network of highly motivated individuals.
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