Hustle Harder Hustle Smarter 50 cent | Book Review
Автор: TommyBryson
Загружено: 2020-06-07
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I'm going to break down 5 of the key nuggets that I left this book with ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬
Hustle Harder Hustle Smarter 50 cent | Book Review
1. Take Equity
A lot of the time people are focused on making a fast check
However, sometimes that might not be the best idea
For example:
In this book Curtis Jackson AKA 50 cent
Was proactive about getting a deal with vitamin water
But instead of taking a quick paycheck, he asks for equity ( and that equity in return turned into millions of dollars when Coco-cola bought vitamin water )
Recent Example:
Beyonce was actually brought in by the uber team to do a performance for 6 million
She took that payment in equity
Today that stake after the company went public is worth around 300 million.
Overall:
The idea is, some deals you want to focus on a paycheck
But if you believe in the company and terms are good
Then consider an equity agreement ( and always have a lawyer help you )
2. Don’t get fixated on a number
This was something I did when I was 19 years old
I had this crazy goal that I wanted to have a 100k in cash by the time I turned 25
And for a while, all I did was save money
However:
Being fixed can get you to your goal, yes but it can also keep you away from other opportunities
So the more I read books and discovered opportunity cost and inflation
The worst of the idea that became
The Idea is:
Having specific goals is important, but sometimes setting goals with limited information can also hold you back
So always stay open to new terms
And I think by the age of 21 or 22 I already had a net worth pass 100k ( but I never focus on having money in cash and only on multiplying my wealth)
Tip: I do keep a 6-month emergency fund just in case, however.
3. Health and wealth ( doesn’t skip the gym)
A lot of unhealthy people blame success for being unhealthy
And I think almost every single person on the planet goes throw that
A period where you lose focus on your health
IN the Book:
50 cent talks about all reasons he thinks his health is so important
Talks about ladies talks about feeling good
But most importantly talks about longevity ( no way you can be successful for a long time when you can't keep up)
Tip: Warren Buffet also says all the time, you only have one mind and one body, so take care of them both.
4. Success sometimes means leaving some people behind
This part of the book was very significant to me
And it probably will be for a lot of you, that watch my channel
It’s the idea that becoming successful sometimes means leaving some part of your past behind
In the Book:
He talks about family members, his first wife he had a son with
And he had to leave them behind in a sense because complacency sometimes grows to great into certain people
And it hard to share a life with someone that doesn’t want the same life as you do
For example:
There's this quote in this book by James Allen “ As a Man Thinketh”
And he says you cannot help someone that doesn’t want to be helped
And I've gone through that, people will not talk action until they want too.
Tip: Some people will be willing to improve and some people will not, your job is to know the difference
5. Place and time for everything ( you get this gangster persona from 50ecent but when his in those meetings his just Curtis Jackson)
Overall the idea of this book is really mostly about
Adaptability when you think about
The power to adapt to a situation, environment, and also your goals.
And I would share more but I really want you guys to give this book a read, it’s a great book with a lot of great stories also.
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Disclosure & Educational Disclaimer:
Some links in this video may be affiliate links, and I may earn a commission. Content is educational and accurate as of posting; offers may change. I’m an accountant but not your accountant; always consult your own accountant/CPA or financial advisor. No income or results are guaranteed.
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