DeKay

✌🏼

[DeKay @dekay]

A Partial Goodbye

https://t.co/rPxuno2gMm

[DeKay @dekay]

@wax0rz @Thorin Well said

[Jarek Lewis @jarrylew]

College in a nutshell:

Spend 4-6 years + $150,000 for the privilege to sit in a cubicle and hate your life

[Jarek Lewis @jarrylew]

One of the most disrespectful things you can do to the people you love:

Spend more time with your coworkers than you do with them

[Jarek Lewis @jarrylew]

What 99% of business owners on this platform talk about:

Revenue

What matters instead:

Profit

Don’t be fooled by the 20 year old kids here working 80 hours/week to make $2k/month.

[Jarek Lewis @jarrylew]

Most people think you need to make a lot of money to become financially free.

My journey is proof you need to become financially free to make a lot of money.

What I did:

1. Built a one-person business
2. Kept expenses low
3. Quit my engineering job (when the business made more than the job)
4. Doubled down on the business

Time freedom came once the business covered my expenses on autopilot.

Only then did I start to make a lot of money.

I had no pressure to perform and tons of resources (time/money) to work with.

There is no better atmosphere for wealth creation.

[Jarek Lewis @jarrylew]

Uncomfortable truth:

You will never get the pay you deserve until you create something of your own

[Jarek Lewis @jarrylew]

Nothing beats sipping caffeine at your desk before the sun has risen.

No obligations for the entire day, only doing whatever sounds most fun.

It's a level of peace that everyone should experience.

[Jarek Lewis @jarrylew]

Making money isn't about convincing people to buy stuff from you.

It's about giving the market what it already wants.

If you can do that in a way most people aren't willing to, you'll make a lot of it.

[Jarek Lewis @jarrylew]

I've yet to see someone with a lifestyle I admire that makes fun of one-person businesses.

[Jarek Lewis @jarrylew]

Let’s say you invested $100,000 in the following assets 21 months ago:

• S&P 500
• Evenly split among retiring LEGO sets from 2021

Today that $100,000 would be:

• S&P 500: $90,400 (-9.6%)
• LEGO: $168,100 (+68.1%)

Let’s say you also did it 9 months ago:

• S&P 500: $112,600
• LEGO: $123,300

Does LEGO investing require more work? Yes.

Is that work worth it? Also yes.

[Jarek Lewis @jarrylew]

I don't think people realize how far you can get by just doing the opposite of everyone else.

It will never not improve your life.

Everyone you know only makes money IRL?

Start an online business ASAP.

Everyone you know gets drunk regularly?

Quit drinking.

Everyone you know is overweight?

Get your diet right and get in the gym.

Everyone you know hasn't read a book since high school?

Start reading.

Everyone you know lives paycheck to paycheck?

Time to stop.

Everyone you know has a car loan?

Sell your car and buy a cheaper car in cash.

Everyone you know is in debt?

Avoid debt at all costs.

Everyone you know only makes money IRL?

Start an online business.

Everyone you know buys a bunch of dumb stuff?

Start selling dumb stuff.

Everyone you know goes to college?

Buy textbooks and sell them to your friends or other students at a profit.

Every human on earth buys LEGO to build?

Start buying them, holding, and selling later for a heavy profit.

Put simply:

Do what others don't

This is how I went from an unhappy engineer to making 10x my salary on the internet in a few short years.

[Jarek Lewis @jarrylew]

My newsletter has eclipsed $40,000 in annualized revenue from paid subs alone.

I’m not even a good writer and I write about investing in sealed boxes of plastic.

If I can do that, you can do something similar.

[Jarek Lewis @jarrylew]

Hundreds of LEGO sets retire every year.

Choosing the right sets will allow you to double your money in only 12 months.

Choosing the wrong sets will leave you wishing you never started.

Here are 3 key things you must account for when investing in LEGO:

1. Theme

If the set isn't a Star Wars, Speed Champions, or Technic set... you better have a REAL good reason for choosing it.

These three themes outperform the rest by a large margin.

2. Demand

Ignoring how often the set sells on Amazon is death wish.

The more demand a set has, the better it will perform but only if you normalize for the price of the set.

3. Shelf life

The longer a set has been manufactured, the slower it appreciates.

There are exceptions, but they are not common.

While these three characteristics aren't everything, they will put you ahead of 99% of other investors.

I know this because I've done the research that no one else is willing to do.

[Jarek Lewis @jarrylew]

27 ways to stay broke, so you have to work until you’re dead:

1. Always have a car loan. Before you pay it off, trade it in

2. Buy/drink alcohol

3. Get a $100,000 student loan for a degree that only gets you a $40,000 salary

4. Take advice from other broke people

5. Lie to yourself by believing all rich people got lucky or inherited their wealth

6. Never start a business

7. Always carry a balance on your credit card

8. Buy an expensive purse/wallet because you are insecure

9. Stay loyal to your employer (even though loyalty isn’t rewarded)

10. Rely on your parents even in your 30s

11. Vacation often because you “need to escape” or “deserve it”

12. Assume that everything that “sounds to good to be true” is a scam

13. Use YouTube for entertainment, instead of education

14. Eat like shit and never exercise

15. Spend $10,000+ on a wedding

16. Refuse to work (for yourself) on evenings/weekends

17. Play the lottery and act like you have even a remote chance of winning

18. Work hard, but never work smart

19. Buy a house with the minimum qualifications so you look “successful”

20. Never read/apply books

21. Spend free time watching sports (that you have no control over)

22. Spend the rest of your free time talking politics (that you have no control over)

23. Refuse to do anything that carries risk or chance of failure

24. Complain instead of taking accountability

25. Believe that it makes sense to trade youthful dreams for elderly freedom

26. Assume that life is supposed to be "fair"

27. Tell everyone about your plans, but never take action

[Jarek Lewis @jarrylew]

As a man, you should not be watching sports if you:

• Cannot do 30 push-ups in a row
• Have high interest debt

Escapism is for those who are physically and financially responsible.

That may sound extreme, but it’s the mindset you need if you feel stuck.

[Jarek Lewis @jarrylew]

Almost all LEGO sets are good investments.

However, there are several sets/themes retiring this year that should be avoided at all costs.

Set/Theme 1: Anything from Marvel Avengers

All of these sets suck and no one buys them. I am not a buyer at any price.

Set/Theme 2: Anything from Jurassic World

LEGO is still making too many of them.

Set/Theme 3: Every DUPLO set not named Space Shuttle Mission Rocket 10944

No one buys these and LEGO makes way too many of them.

[Jarek Lewis @jarrylew]

Every Twitter guru on earth:

“Social media is for networking”

“You have to make connections to make money”

“Soloprenuership sucks”

Total minutes I have spent networking this year:

0

The result:

[Jarek Lewis @jarrylew]

Making a lot of money is the only way to escape the rat race.

Most here won’t tell you that, but it’s true.

You can complain that it “shouldn’t be that way” or you can accept it.

A soul sucking job will always be there for you if you can’t handle it.

[Jarek Lewis @jarrylew]

Nothing more embarrassing as a man than seeing other men buy:

• Boats
• Motorcycles
• Expensive trucks
• Random toys

Yet their woman still has a job.

It’s your duty as a man to provide her a life where she doesn’t have to work.

(Unless she wants to)

Super childish.