Bryce Robert

Bryce Robert How To Increase Your Income
www.ObtainSkill.com
(1)

đź“Ś
08/09/2023

đź“Ś

đź“Ť Hard work always pays off....eventually.
05/09/2023

đź“Ť Hard work always pays off....eventually.

27/08/2023

Everyone knows The Rock is a superstar. But his wrestling and movie earnings only account for 25% of his wealth. His tequila company is worth 2 billion. His fame built him a giant audience and platform. He then plugged products into that audience to build true wealth.

27/08/2023

In the book “How To Make Money In Stocks” I learned a valuable investing lesson. You shouldn't be a fundamental investor vs a technical investor. Be both. Fundamentals tell you how good the company is doing & technicals show you it's personality/behavior on the stock market.

26/08/2023

Saving money alone wont make you rich but it did for me. When business ideas/opportunity knocks, I answer because I have money. Saving is also the precursor to investing. All my friends had big dreams but couldn't leave their jobs because they spent all their money.

Silly.

26/08/2023

Tired of being broke and just want a job that pays a lot with no experience. Work in oil and gas. Field jobs in oil and gas typically pay 80,000-100,000 at entry level with no experience. I've had several.

How to get one? Don’t bother with online app. Drive to Midland, Tx or Williston, N. Dakota. Walk into any oil and gas building, ask for a manager. Shake hands like a man and wear jeans and boots not dress clothes. 100x more effective than sitting in your room filling out online apps no one sees.

Whats the catch? Physically demanding work. Gone from home and loved ones often working in remote locations.

26/08/2023

Speed is the most important thing for any new business. Let me explain.

Reason 1: Things always take 10x longer than you think. Example: I wanted to start an Hvac business but needed a state license. It took over a year to get, before I could start my business. I wanted to build and sell a course. It took me many months to build it. I wanted to be a millionaire. It took many, many years of insane effort to become one.

Reason 2: Motivation has a limit. I have started a number of businesses and I always had endless motivation when I was making money, but I had limited motivation when I hadn’t made money in a business yet and the weeks, months and years dragged on. Doubt creeps in and you wonder “Is it worth it?”
Reason 3: Time is money. All new businesses start with no customers, no systems, no products. There is an immense amount of things that need to be done. To do them well it will always take longer than you think. Bills come every month so if you don’t have speed you run out of money before you make any.

Conclusion: If things take 10x longer to build than you think and every month more money goes out the door and my motivation dwindles as the non money months drag on then if you don’t have speed in business it just won’t work. You will quit. (Speed in this case also means massive effort or 12+ hour days vs part time.)

Bonus: Speed (massive effort) accelerates your success, compounds and over time you move exponentially farther then the average person.

26/08/2023

When I first started my Hvac business I struggled to get calls. I thought online advertising (Google/Facebook) would make me rich. (Very different than selling Ecom product online). Plus I hardly had a budget to put into paid ads. Friends of mine ran into the same problem when starting their Hvac businesses.

The answer was staring me in the face. I thought of it before but refused to do it until the pain was too great. The answer was door to door sales. Door to door sales has a bad reputation because you face incredible rejection. But with Hvac it’s different. I’m not selling kitchen knifes here. I don’t feel like I’m selling nor am I trying to sell you.

The pitch. “ Hi, sir. Sorry to disturb you but my name is Bryce and I run XYZ Hvac company. I’m not trying to sell you anything but wanted to let you know that we have been doing work in your area. We’re a great company. I just wanted to let you know and give you my business card, it has coupons on the back.

It works because everyone needs an Hvac guy. Maybe not now, but later. I don’t try to sell them so it’s easy for me (no rejection). Sometimes they are having Hvac issues and they invite me in. Mostly though, I’m on to the next house. But my business card has coupons on the back to give them a reason to save it.

This exploded my business. I told my Hvac friends the secret….but they won’t do it, because they are afraid of door to door sales. Sometimes you have the money and the will but paid ads just won’t work properly. That barrier’s not there with door to door and it’s free if I do it myself.

The Lesson: Most people want to own a business but are ONLY willing to do certain things that fit their idea of their dream business. It was only at the point where I was truly willing to do WHATEVER IT TAKES that I graduated.

26/08/2023

For many years I tried to understand how Warren Buffet was so rich. It is said that he has many decades of averaging 20% on his investing. Truly investing is incredibly powerful for building wealth via long term compound interest.

But is this the full story? I calculated how rich I would be with 20% on the money I have for 30 years. Yes, I will be very rich, but not Warren Buffet rich. So what’s the deal? The answer is what I call the “Combo System” that I have used for years now.

Warren’s company Berkshire Hathaway does not just invest. They own businesses. He runs businesses and profits off those businesses. He then reinvests that money back into the business or pulls the profit out to put it into his investing side. If I recalculated my compound interest and got 20% a year from investing and additionally I added in $10,000-$50,000 per year. The difference is astronomical. Like going from a $3 million projection to $100 million projection. So you earn from your job or business and work hard and funnel as much of that money into investing.

“I am a better investor because I am a businessman, and a better businessman because I am no investor.” Warren Buffet

26/08/2023

I have been investing in the stock market for almost 20 years. Here is a powerful lesson. People look at stock charts and try to look for patterns and use indicators sometimes referred to as technical analysis.

Understand what you're buying when you buy a stock. A stock is a company. A company’s purpose is to make money. Therefore how much money they are making aka the earnings tells you exactly how good or bad a company is doing. The stock chart or price is determined by the current supply or demand on the stock, not by its value.

Here’s what I do. Look at the trend of the stock on the stock chart. Now imagine there is a line beneath it that is the trend of the earnings. The stock price will eventually always revert back to the trend of the earnings. Falling stock price with stable or increasing earnings = opportunity.

26/08/2023

Cornelius Vanderbilt was once the richest man in the world. He ran a giant shipping and transportation company where he became very rich. But he realized that the steamship was the future of shipping. He bet big on it and sold his entire fleet of sailing ships to buy steam ships.

Later around the time of the California gold rush he realized that railroads were the future of shipping. Mainly because they could go inland where ships could not and they connected all the shipping ports. He decided to bet big again and expanded into railroads.

I think of this lesson often and was one of the main influences in me quitting my old Hvac trade to get into something with a better business model.

26/08/2023

I once worked for an Hvac company that did 1-2 million dollars in revenue a year and he did NO ADVERTISING. He grew only from word of mouth and came to dominate his neighborhood. We rarely went anywhere else.

He wanted to grow his business. Every time he hired a new technician to run calls he would complain that he was losing money by paying them to run calls instead of doing them himself. He ran calls all day and night everyday, but he could never make more money.

The lesson I learned from him: In order to scale his business he needed to increase his capacity to run calls. There’s only so many calls one person can run. Hiring someone would double his capacity. He wouldn’t have enough calls for two people at first and paying them instead of running the calls himself would decrease his profit. This is the natural cost of scaling. Take a small step backward to get the chance to step forward.

He ran himself ragged and burned out and the business is closed now.

15/08/2023

Make a major change THIS WEEK and get your life back on track!

31/07/2023

You CAN reach your dreams. Don’t lose focus in the 4th quarter.

09/06/2023

You get what you focus on. Don't think negative thoughts.

04/06/2023

Life is toughest right before you break through... Stay focused. 🎯

02/06/2023
My baby dinosaur ❤️
08/05/2023

My baby dinosaur ❤️

What are you going to do with your success?
08/05/2023

What are you going to do with your success?

08/05/2023

Bill Gate's Biggest Mistake

Wow, Simply Amazing!

07/05/2023

Richest Man In World You Never Heard Of

07/05/2023

Not For The Weak

You absolutely need to hear this

07/05/2023

Life Is Short, Dont Waste It

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