From the desk of Victor Pride
Monday, May 20
Subj: Control, options, ownership
ABC. The most important rule for being a winner.
ABC. A- Always, B-Be, in C-Control.
Be in control of everything in your life, leave nothing in the hands of others, and always keep options.
Control your money, control your earning, control your woman. Leave nothing to chance when it can be controlled.
You have to have money and money making ability to control your life. You cannot be in control if you're broke, you cannot be in control if you beg your boss for your bi-weekly paycheck that has been thoughtfully taxed in advance for you.
Control your earning
When you have a job as a wage slave you don't pay taxes. You aren't a taxpayer. They take taxes. They say “oh, that's mine. Here, you can have the leftovers“.
And, as a wage slave, what do you always say? “Damn taxes! Barely leave me any room to breathe!” and then you dutifully go back into work day after day, again and again, complaining the whole time, and waiting with your handout for your de-taxed paycheck.
When you are in control of your money, as in you do not have a boss, you pay appropriate taxes. Taxes are not taken from you they are given.
As a self-employed man of destiny, an entrepreneur, you control how much or how little you earn. You don't call anyone boss, you don't run in fear of disappointing your boss. The world is on your shoulders, and that's the way it should be.
Control your money
Never leave all of your money in the hands of others. Never fall into the trap. “Oh, I have a company 401k, I'll be fine“. With your money and your future you've got to take action and keep a watchful eye on your money and not let a team of complete strangers control your investments.
What is it they say? Don't put all your eggs in one basket. For your money you can multiply that rule by 1000. Never, ever, ever, ever keep all of your money in one spot. It cost me $7,000 to learn this lesson and it was worth every penny because I didn't lose $70,000 or $700,000.
Always keep multiple bank accounts with a balance and always keep cash around the house. Cash is king and you never, ever know when your bank accounts are going to be inaccessible. Put your cash in a safe or otherwise hide it.
It pays to be a little paranoid because you never know what will happen. When I was in China my bank just decided to close my account. Huh? Yeah, it's just closed now. I called them to get it fixed and they said sure, no problem, just come in to the nearest branch and we'll get it fixed.
Oh sure, I'm only 7,000 miles away. I lost a dollar for every mile through late payments because it was a business account and obviously business payments stopped until I could get it fixed. Thankfully I was ok because I had another bank account and I had cash, but I was still out 7 G's.
Because of that little lesson I now have 7 bank accounts spread across 3 countries, an additional two nominee bank accounts, credit cards and prepaid debit cards. I keep balances spread out, I am not playing around and you shouldn't either. Never let one bank control your finances.
Pay in advance
Whenever you can, don't pay anything on credit, do the opposite and pay everything in advance. Don't put anything on credit. When you have bills you are a slave. Pay everything in advance and you have peace of mind and no one is going to give you the old “you owe me money” bit. Paying in advance is power, paying on credit is slavery.
Think of a credit card only as a delayed payment debit card. I have my gym membership, my web hosting and one other bill directly billed to my credit card every month and I pay it each month before any interest is due.
You can also use your credit card to take advantage of frequent flier miles and other nice programs, but never, ever, ever use your credit card just to buy stuff you can't afford to pay cash with. IF! you are to use credit cards it should only as a strategy to build your credit or to get a bunch of free stuff with your credit card points.
Live below your means
You don't have to live like an animal but you should not be stressed or anxious about paying your monthly bills. If you pay everything in advance you don't even have to worry about the big bills. But if you aren't in a position to pay everything in advance you need to choose your home and your automobile wisely.
A house and a nice car is not worth the anxiety if you are living beyond your means. Always pay cash for your car. I had a 5 year note on my pickup truck, that's 5 years of payments to drive from A to B. Never again will I have a car payment, and since then I have bought 3 or 4 cars and always paid in cash in full.
A car is a car is a car, paying monthly when you can pay once is stupid. If your car costs 2k or 30k it doesn't matter, only buy what you can afford. If all you can afford is a 2k car then buy the car and work your ass off until you can buy that 30k, 40k, 50k car. Let that motivate you to achieve but don't go beyond your means.
Back in the States I had a $1600 mortgage for a 3 bedroom house. It's stupid to pay so much for one person so I rented a room out to a local college kid and got a little money back. Now I have a central condo in a large city and my rent is paid up through the end of the lease and I have less stress.
You need to live below your means so you have some padding in case of hard times, especially if you are an entrepreneur. As an added bonus when you live below your means you have money to buy anything you want. When I had a job and a set income I was always poor and had to save up to buy anything.
Now I don't “save up” for anything, if I want something I just buy it. That's because I live below my means and don't spend haphazardly. In a regular month I buy food at the grocery store and pay monthly bills like electric and internet.
I'm not throwing money away on a car payment, house payment, the newest electronics, restaurants, or all that stuff that today's modern enlightened man can't live without.
That means when I want to buy something I just go and buy it and don't fret. When I want to go on vacation I just go and don't worry about saving pennies. Of course it should go without saying when I buy something or go on vacation I always search for the best deal.
Control your intimate relationships
Getting married is an act of surrender, of defeat. When you get married you give 100% of your power to a woman. Women only respect you when you have power over them. That is as true today as it was in 1950 or 20,000 BC. That's why married men walk around like broke-dick dogs, because 99% of them are broken dogs.
That's what happens when you give your power away. A married man has no power whatsoever, his wife and the courtroom have 100% control over his children, his income and his assets. In return for what? There isn't a single benefit for a man to get married. When you get married you sign away control.
What is it the feminist pigs always say? It's not the 1950's anymore! And they're right. You don't have to have a job, you are free to do as you wish, to go where you wish, to make as much or as little as you wish. Today anything is possible.
The irony is that living like a modern man, in debt up to his eyeballs, married to a good for nothing slob, working a job he hates, fat as can be on his way to diabetes, is probably a lot worse than a life in the 50's.
Personally, I live a sort of alternate reality version of the 50's. I keep a woman around and pay all the bills and she does 100% of my housework and everything else I tell her. I rely on her to cook, clean and suck. She relies on me for safety and security. That is complete control and I could find a new girl in a nano-second but I am happy and she is happy so there is no need.
Now I know there are a great many websites telling you to never, ever provide for a woman, never be a beta provider, never give money yadda yadda. These websites are written by guys who have a very hard time attracting women but they are 50% right.
I would NEVER give money to or financially support a modern western woman. If I were a western man I would be a cad until I found a non western, non feminized, non empowered, non undignified woman. If you find the correct woman it is not only acceptable to provide it's also the only way to have complete control of your relationship.
The reality is that money is power, women are attracted to both money and power and when you are the sole source of $$ for a woman you have complete control over her and, if you are appropriately selfish, she will dote on you all day and night, just like in days of old. It's completely true that modern women make money and have options, and that's a huge reason why they are terrible as wives and girlfriends.
You need to have options for other women, at all times. That doesn't mean you always need to have 10 girls in your phone or your instant messenger ready and waiting, it just means you need to keep yourself in a state where it's easy to attract and keep women.
The reality is that I am blessed to be tall and handsome BUT! if you are not so handsome there is hope and I mean that sincerely. Money and a dominant disposition is your salvation.
Women are attracted to men with money and always will be. That doesn't make them gold-diggers, it makes them women. Men love titties and ass, women love money and that's life, baby, no need to cry about it.
Always keep options open. Options, options, options. Options are how you stay free. Keep many bank accounts with balances spread over each. Be an entrepreneur and make your own income.
Stay out of debt always. Don't leave your investment strategy in the hands of strangers. Keep options with other women. Have options and ideas for making a real income, not a “dream job” but a real way to make green dollars and red pennies. Your other options don't need to be acted upon, they just need to be there, in your mind, ready to go if a change is needed.
I have two options for making money if for some reason Bold and Determined doesn't work out for me. I can build another online venture that I'm positive will provide for me. Alternately, I can move to any mid to large size American city and make money in real estate within one month.
Even though I am putting all my effort into Bold and Determined, and it is providing me a nice life, I have the other options in my head at all times, ready to go if need be. And both options are completely under my control.
I'm not relying on interviewing with some little girl in HR, going for a second interview with the gay Mexican HR manager, and then going through sensitivity training all so I can receive a tiny little bi-weekly paycheck already de-taxed. Not for me anymore, no thanks.
Until next time, friends.