Friday, May 31, 2013

James Malinchak's Revealing The Truth About The Fast Money Myth

By Stanton Harper


Generating money fast is a dream for most people, however, when it comes to making money fast a lot of people assume that if it is fast, it must be unethical! That is not true, though. Yes, of course, there are ways to make money fast that cheat other people like stealing, gambling, swindling, and fast talk. That is not what I am talking about when I say 'fast money.' Instead I'm referring to creating opportunities where you can make lots of money in one setting, money that's honest and that provides a service or a function for others.

Myth #4: Making money fast and easily is wrong.

I was raised believing that you have to work hard for the money. Shoot, Tina Turner even had a hit song regarding a woman forced into prostitution as a means of working hard for the money, You can imagine with songs like that on the radio, we are ingrained with bad images of fast money. Additionally, with my parents work ethics like my Dad's, "You have to work hard. Hard work," I was trained that I had to work myself to the bone to achieve success. Talking about hard work, my dad worked in a steel mill. I heard that statement my whole life, but I always thought he was working so hard, but never seemed to get what he deserved for the labor of it all.

Let me tell you something, at one point I was like my Dad. I have worked hard. Let me give you an example, I can work as hard as I want to try to run out of this room through this wall. If I try to run through the wall, even if I run hard, it is not going to happen that I will get to the other side. I do not care how hard I work. I can bang my head hard against the wall. There is not going to be a hole that appears, well, with my hard head maybe, okay. More likely, I will get a hole in my head! However, if I quit working hard, and start working smart by hitting the wall with a chair or other heavy object, I probably still will be working hard although it appears I am working smarter. On the other hand, if I work right by walking through the door instead of trying to go through the wall. I will walk right through it. By the way, you will likely think there was nothing wrong with me walking through the door, although I did it fast and easy.

That leads me to ask if you're you doing anything unethical or did you just learn a quicker way to do it, a better way, a more feasible way, and a more economical way? If you're just doing things more efficiently, faster, then I'd say you're doing things right. Allow me to give you one more example of doing things easy and fast that directly refer to money, during several of my Big Money Speaker Boot Camps, we shared the amazing camp now lead by Dr. Bill Dorfman. To start things off, I donated a $10,000 check, and we asked if people they'd step up and help. As Dr. Bill discussed the camp, the audience walked back to the table to give donations for the children. Within minutes, we raised $121,000. Lots of money was raised easy and fast. Was that donation process an example of a negative? Absolutely, not, this example is a wonderful example of how fast and easy cash benefitted hundreds of children who'll one day be our leaders! Therefore, I know that you could overcome the challenges of the messages you've been lead to believe and change the messages to be what you know is real and ethical!




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