Welcome back to another episode of the Resellers Mindset
podcast.
My name is Mike, also known as the used book guy on YouTube,
along with my friend and fellow full time reseller, Johnny B.
We help people start and grow their reselling businesses
from the ground up.
We also have a weekly Zoom call and private Discord
for all YouTube members.
Head on over to youtube.com backslash
used book guy to join the channel
and gain access to the full length podcast Zoom call
and private Discord today.
Let's get into this week's episode.
What is up, everybody?
Episode 36, I can still do it with two hands.
Check me out.
Today's topic is a important one, right?
Life after reselling, your plans to basically transition out
of reselling, because before the call today,
me and John, if you were talking about it,
can the used book guy continue to do this from the third floor
when he's 70 years old?
The answer is no, any way you look at it,
even if I'm one of those old guys that is super ripped,
it's a lot of moving, a lot of weight.
So you got to kind of have a plan when it comes to getting
out of reselling and almost it's different, right?
Because you're your own business.
So there's nobody, like there's no company match 401k.
There's really no kind of retirement plans
unless you take your own initiative and do it.
And I do think a lot of people are just so caught up
with just reselling that a lot of people don't have
like an exit strategy.
And I'm not saying, you can't resell
until you're dead basically, because there is,
it keeps a lot of people active.
You can make a little bit of extra money doing this.
But I do think it is important that you treat it
like a business and you plan for the future.
You can't always just be my sales today.
This is how much I made today.
What's your plan next year?
What's your plan three years from now, five years from now,
do you want to still be as involved in your business?
Because if I'm not going out thrifting,
then I have no inventory to sell.
So like if something happens to me, then all of a sudden,
hey, I'm kind of screwed where Johnny B is trying
to build an operation where he scales his employees,
he trains his employees, and then he kind of can step back
out of the business.
So I'm going to throw it over to you
and just give me your insights on this.
Yeah, I mean, I don't plan on doing this forever.
Do I plan to have an eBay store forever?
Yes, I do.
But me being as hands-on as I am right now, no,
I'll be taking a much, much step back.
I'll probably find me a smart person and they'll be me.
And they'll deal with all the stuff
that I currently deal with now,
plus more employees, honestly.
So basically like your manager type person
pay them very well, and then they manage
all the little sub employees under you.
Now you got to take stock of that person eventually
wanting to leave themselves and or having to rehire employees
that come and go.
Because I've never met a person who wanted to work
for a reseller that said, this is what I want to do
for the rest of my life, I'm good.
I don't know if that individual exists, but.
I mean, if you pay them 50 bucks an hour, that might be,
I mean, I might come work for you at that point
and just close up shop.
I mean, yeah, if the price is right,
I mean, people will stay.
Either they can't go any better, do any better
either in their own heads, they perfectly can do better,
honestly, but if they're comfortable enough
and have no plans to do anything bigger,
maybe you could have permanent staff
and a permanent manager, certainly.
But yeah, so when I get it up to that point,
I don't know when it will happen.
I'm probably 10 to 15 for myself is my guess,
but again, it's a guess at that
because the market's constantly changing,
constantly in flux, right?
So I got to adapt and adjust based off what it does.
I do think we kind of been,
I kind of been talking about this on the YouTube channel
lately is I was trying to find a house
so we can get some equity into real estate property.
And I do think a lot of people,
that's almost like the common theme
with a lot of the bigger resellers is that
they take their reselling money
and put it into another venture
that's gonna make them money.
Not saying real estate is easier than reselling,
but you have equity in those pieces of land, those houses,
if you have your rental properties, things like that.
I think that's kind of the trend
that at least I've been seeing with a few resellers is that,
hey, I wanna grow my business, make enough money,
put some money in the real estate, get a little bit of,
it's really not passive income,
even though that's whatever YouTube video says,
nothing's passive income in this world, right?
Especially if you have a rental property,
you're gonna have to fix things,
deal with tenants, things like that.
But I do think having something like that
in your mind is important, right?
Because if you just resell, resell, resell, resell, resell,
you never think of like an exit plan,
then that's all you're gonna do
until you just get burned out.
And all of a sudden you look at the watch
and you ain't got no time left, right?
That's the end of the trip for you.
And I do think it is important
that you just have this one thing
or maybe another side hustle.
And I could say mine is YouTube, right?
Like, oh, I have another basically stream of income coming
in and something else I can focus on that, you know,
brings me joy, like I wouldn't do it if I hated doing it,
but you should have something you're working towards.
I'm just curious, you have like,
this is getting real personal here, right?
I'm gonna throw out a personal question.
You have any retirement accounts at all?
Like you have any kind of like 401k, anything?
I don't care how much is in it.
I'm just curious if you have any kind of retirement account.
$10 billion.
I don't really need to do reselling.
I just do this for fun, no.
No, I do have a Roth account.
I have a regular IRA account
and then I have actual physical tangible gold and silver.
Okay, what's your address?
I will be showing up wearing a bandana over my face
and I'm taking your gold and silver.
Well, I have insurance on it
and it's at the bank locked up.
So you're lucky to, I'll let you try to rob the bank,
collect the insurance money.
You think I'm a rookie?
I've seen enough Netflix shows and cheesy action movies
to know how to get in and out of banks undetected.
All right, Chief, you ever see point break?
Yeah, that's me.
So I just think-
I also saw Heat and they all died.
I do think it is-
We became 47s, they all died.
It is important to like have something kind of
to build, like they say, a nest egg, right?
That's like such a cheesy, weird term.
Like have a nest egg for like when you wanna retire
and more people wanna retire earlier than ever, right?
Used to be you work until you're 65, 67, and then you retire.
I think in today's society,
there's more people that wanna basically get out early,
right?
They don't wanna work until they're 65, 67 years old.
And you do have to start making decisions today
to plan for that.
I know I'm 35 years old,
basically another 30 years is what I'd be looking at,
but small decisions today are gonna have a big impact
on your future, whether that's putting $20
into a retirement account every week,
a hundred dollars a month, something like that.
You gotta get the compound interest
of things working in your favor.
And that's why people like real estate, right?
Because real estate only goes up.
There's never, there's been a few points
where real estate has really gone down in value.
And if it has, it's come back up.
It's kind of almost like the stock market.
And that's what's appealing to everybody
because you have your money in there, it's equity.
If you sell the place, whatever happens,
you can get your money back out of it
almost guaranteed every single time.
So I'm just curious, say if one person, you said like,
you find this one superstar manager
and they do everything you want them to do.
You know this person is the person.
Would you be fine with basically overpaying them
to keep them to run your business?
If you stepped back, like, you know, like what's the max
you would pay somebody an hour
if they were like your superstar person?
I wouldn't even do a dollar, it'd be a salary.
I would pay them a hundred thousand dollars a year.
That would be it.
With benefits?
I can roll in benefits.
If I'm paying them a hundred grand salary,
I obviously have the money to roll in benefits with that.
All right, now listen, I used to be a salaried worker
and I got taken advantage of, right?
They said I'm salaried to work 45 hours
and I'd be working 60, so you can't be that person.
No, I wouldn't.
But if they paid $100,000 a year, they would work.
I mean, that was more than I was making at CVS,
so maybe they should work 80 hours a week.
No, it's just curious.
They would make sure the job was done
and that's what the 100K plus the pennies would be for
in my opinion, to make sure the job's done.
Whether that's 20 hours a week or a hundred hours a week.
Don't care, figure it out.
If you want to work less, make it 20 hours a week,
but figure out how to do that, don't care.
All right, anybody out there looking to make 100K a year
and work 20 hours a week and just text him once a week
and say everything's fine?
There you go, you know who to contact here.
I would still have access to the books, Mike.
I would know if it was working or not.
All right, so my plan, right,
give a little bit of insight, like I want to have a house,
I want to pay it off, anybody that follows me,
I try to steer clear of any kind of debt.
So we're looking at putting a nice down payment on a house,
paying it off early, then you don't have any mortgage
expense, then all you're really worried about
is your property tax or your utilities.
During that time, we continue to put money in the retirement,
keep the retirement fund growing over time.
It's not exciting, right?
You just put money in there,
and it just grows a little bit at a time.
Some months you win, some months you lose.
And I think that's kind of the big issue
with trying to plan that far ahead is like,
there's no gratification today.
There's really no excitement to it.
It's almost as if you just wasted a hundred bucks
by putting it in there, but in reality,
that could change your life if you do it consistently.
Yeah, for me, I'm gonna be rolling my eBay money into,
yes, real estate money, surprise, surprise.
But I'm probably gonna go the commercial property route
like storage units and or garages and stuff
and rent those out and thus generating
the passive income that's mentioned.
I don't think I would wanna do the housing thing
and deal with rotating renters and or moving the crap
when they leave it behind.
Now saying can be said for commercial property, right?
Now I gotta move some cars.
No, how do I do that?
Where's the forklift, right?
But no, and storage units, same problem.
They leave their crap there when they don't pay.
But hey, I could resell their crap, right?
There's that too, free cost of goods.
Free clickbait YouTube resell.
It would be like storage wars, right?
You could go in, you could put a gold bar in there
and then, oh my God, look what this person left behind.
You know, he's just like a huge handful of gold.
It is good to have like this idea.
And I do think like, as when you're self-employed,
there's really like, at least for me when I was at CBS,
it was like, hey, we match 5%.
So you're automatically gonna put that in, right?
But when you're self-employed, it takes self-initiative, right?
To do these things, to save money,
to work towards your goals, whether that's a house,
get out of debt, anything like that.
And that is part of the game here, right?
If your future plans, what you're doing reselling for
right now, you're working towards your future plans.
I don't know anybody that just resells,
that is just like, I just spend all this money
on whatever, I just blow all this money at the casino, right?
It's always somebody that is either, you know,
doing this full-time, paying their bills,
working on debt, saving money.
There's really nobody out there, at least that I know of,
that's just like, well, we made $500 this week on eBay.
I'll see you guys at the casino floor, right?
And then boom, they cut their video over
and they're at the casino floor playing blackjack
with the money they made.
It doesn't exist.
No, no.
And even in the real estate game,
I would probably have a property manager
at the end of the day, honestly.
And again, I'm taking a lesser role at that point
because I'm older at this point.
See this beautiful, dirty blonde hair,
it would all be gray and white by this point probably.
And I'd have a cane like Scrooge McDuck, it'd be great.
I think you should go full on, you know, peroxide blonde.
Billy Idol style.
I've rocked Billy back in the day in my early 20s
when I thought I was cool.
So yeah, I could do it again.
You say, it's what I'm saying.
Become over Billy Idol, yeah, it'd be great.
So everybody has this thing they're working towards today,
basically their future, their way to get out of reselling,
whether you realize that or not,
if you're working towards paying off debts,
that counts, right?
You know, you wanna get debt free, that can change your life.
If you're working towards saving for a vacation,
that counts, right?
You're working on paying for a vacation
all out of your pocket.
Can't be beat when you have something
along those lines as well.
So everybody has this thing,
but I just want people to start thinking about,
you don't have to resell your whole life.
And I think Johnny B's, you know, you hear it a lot
is you build up and then you step back from your business.
And what he's doing, that's probably the way
where you keep your reselling business,
but you're not actively out on thrift stores like I am, right?
I would basically have to, you know,
he's already a few steps ahead of me.
He's got employees, he's got a plan in place.
If I wanted to go that route,
it would be a much more of a headache because I do Amazon.
So I would need scouting.
And it'd be a whole different thing,
but it's just pick and choose what you wanna do.
And for him, that's what he wants to do.
For me, I'm perfectly fine doing what I'm doing
and just working towards my goals of getting the house,
paying off a house, putting a lot of money in retirement.
So me and Deb, you know,
we don't have to keep doing this all the time.
And, you know, Deb's the same way.
She has her own business, full-time hours.
She does more hours than I do every single week.
And, you know, you guys don't see it,
but she has a full, you know, full grown brand, you know,
selling cat and dog toys.
And it's something that took years to build it there.
And you almost can waste the opportunity
because if you are in a situation where,
say you have a great, the rest of the year, Johnny,
you just, you know, you do 500 grand in sales.
Well, you never really had that type of income
coming into this point.
And then maybe you just get a little bit crazy
with the money and make decisions you otherwise
wouldn't have made because all of a sudden
you have this influx of income.
So as you grow, as you get this extra money,
you have to dedicate it to something
that's gonna give you some kind of return.
I'm not saying you can't go out and do fun things,
but I'm saying you can't just go to the casino
and blow all your eBay money, right?
That's just, that's not gonna work.
Your business, it's not sustainable
because you're buying these items to resell.
So you're losing money at the end of the day.
You gotta really think about, you've been doing this
for years, you're making X amount of dollars.
Where exactly are those dollars going after you make them?
Oh, they go into what I call infrastructure,
which includes people.
So either cost of goods.
I mean, we're talking outside the bills here.
Yeah.
So cost of goods, employees or employee at this point.
The actual storage housing things, my bricks and boards,
which I've switched over to instead of buying gigantic,
way too expensive bookcases and or longer trips
to go out in source more.
So I did a California run that was expensive,
but well worth it, but I got a lot out of it.
It enabled me to do that.
You have like an emergency fund for your reselling business?
Yeah, I do.
I also, I have several accounts.
I have a tax account.
First of all, I have a savings account
where I assign a certain percentage to go into,
same with the tax.
Then I have the main account,
which I use for cost of goods,
but I assign an allowance to myself
and I usually withdraw that allowance
at the beginning of the month.
If I don't spend it, I put it back in.
If I do spend it, well, there was my allowance
for the month for cost of goods.
And anything left over, I just let it sit in the main account
just in case of a rainy day.
Well, we didn't sell as much this month, that happens.
I mean, we're, in my opinion,
this is the worst time to be selling,
at least in my category, books on eBay,
but it's doing all right.
Accounting for an unforeseeable cost.
Let's say my engine in my truck goes out, right?
Well, either I need a replaceable engine, which is expensive,
or buy a brand new vehicle, which is more expensive, maybe.
Cars are weird, but anyway.
Accounting for any and all unforeseeables
just right after the year.
And then once the year is done, tax is all paid up,
okay, now I have this much,
and then I would analyze what piece,
what additional infrastructure do I want?
Do I want a second employee?
Do I want to move to a different warehouse?
Maybe I want two employees or three, et cetera, et cetera.
So holding out, that's the hard,
I think that's the hardest part, is holding out,
because you got this money, right?
What do I do with the money?
It's really tempting to spend it right away.
Me, I'll sit on it and wait.
My plans were this for the year,
not modifying my plans till the end of the year.
They're this.
Do you think more resellers, either eBay or Amazon,
do you think more people do this to have fun money
or to have purposeful money?
Neither.
I think they do it to pay their base bills.
We're talking about people that are in this full-time, yeah?
Either or, I mean, either or, it doesn't matter.
In that case, yeah, I'm sure people do it
with just fun money, even in our group,
we have people that use this just for their fun money,
to go on cruises or to eat out
or go on one to two trips a year.
This funds all of that for them, full for them.
For the full-time people,
I think they're trying to pay their base bills,
and then some, and hopefully they can get out at the end.
By the end, I mean, like what we're talking about,
retirement, whatever.
So I don't even, and you got a small group of people
who wanna do something grandiose,
and they usually have a big bankroll to begin with,
those kind of people usually,
and they're trying to build a gigantic warehouse
and or do huge numbers on like with OA and stuff or RA,
and they're an interesting breed in themselves.
They're just different types of people in this business.
And then, yeah, I mean, I think by and large,
if you're in this full-time,
you're trying to replace your full-time job
or you have replaced your full-time job,
and you're trying to reposition yourself
to get out of what reselling is providing you right now,
that seems to be the hard struggle.
Like how do I get beyond the stuck point?
And you gotta either change your business up
or realize that it is a very much long-term game
and not a short-term game.
It just takes time, but a lot of people don't like to wait.
I'm not saying the right or wrong,
but sometimes you gotta wait.
I do think you're right, like what you said.
Like this, people look at this
as probably like the toughest time reselling has been,
especially for media.
So like it's one of those things
where there's a lot of negativity out there
around reselling,
but I just want people to kind of take a step back
and look at like when you first started reselling,
you know, when you barely had any time
to put in the reselling, when you're working a long day
and then you go to the thrift store afterwards
because it excited you.
And if you have an end goal,
I think you always kind of keep that excitement, right?
If Deb wants to have a beach house in Costa Rica, right?
Like every day she gets an order, she thinks to herself,
well, there was another dime out of that order
that's going to my Costa Rican beach house.
And I do think having something like that
motivates you more to kind of do what you're supposed to do.
But I will say there's a lot of people that I know
just don't have an exit plan when it comes to work
and work in general,
whether it's reselling or just your normal job,
there's no kind of strategy to think ahead.
And I know it's tough to think in the future
because you don't know what you're gonna want
a year from now rather yet 10 years from now.
But if you just have that kind of slush fund of money
where you can say, all right, well, I wanna do this.
Well, if that changes to something else, it's still there.
And I do think it is important to just financially
start thinking about down the road,
like what are you gonna do?
What's your business gonna look like?
What's your retirement gonna look like?
Don't get caught up in today's moment
because there's gonna be how many more todays in your life.
So you gotta start thinking, just think down the road.
And I would challenge people to get involved with,
thinking about retirement, maybe open up a cheap account.
You just look at how crazy the crypto thing was, right?
I don't own any crypto, but these people,
they put a little bit of money in something,
it went up, it went down.
Some people won, some people lost.
You can do a more safer thing when it comes to mutual funds
and things like that.
I'm not a financial advisor,
but over time the stock market continually goes up.
It's just common sense to put your money in
and let it sit.
And that is another thing, right?
When you have a big chunk of money, right?
You're sitting in the bank,
say you got 50K sitting there,
and all of a sudden you get a notification on your phone,
right?
You haven't touched this 50 grand, it's been 10 years.
You get a notification on your phone,
oh, Lamborghini is available for 50,000.
I've always wanted a Lamborghini.
You have to kind of turn your head the other way
and think to the future, right?
Just because it's something you want today,
it might not benefit you in the way you think it does, right?
And I'm not saying don't have a dream car, right?
If you wanna have a dream car, go for it.
But just make smart decisions around these big decisions
if you have a reselling business
and you're looking for an exit strategy.
I don't think very many books
fit in the back of a Lambo, I'm just saying.
You're not doing it for the books,
you're just doing it to have it, dude.
I know, I'm teasing.
Now, for those unaware,
if you just do a simple Google search
for retirement plans for self-employed people
and use the irs.gov link,
don't all the other crap links, don't look on those,
but the one from the actual irs.gov,
that'll help you plan your taxes
and know what you're getting into for
what kind of savings things you want.
If you want something beyond a general
just savings account at the bank, of course,
you put your money in money, in gold and silver, of course.
So they got, what do they got here?
They call simplified employee pension.
So yeah, you can set up a pension plan for yourself.
It's abbreviated SEP, SEP.
You can get a 401k plan.
You can have savings that's had a sensitive match
for employees.
So if I wanted to do a savings account,
401k for my employees, I could offer one.
And there's contributions to five benefits
and some other things as well,
but you can start looking into things like taxes.
What does it mean for that?
Cause with those things comes taxes.
You want to pay money when you put your money
into investment or at the end.
Well, you can do some research and figure that out.
Again, just like Mike, I'm also not a legal tax advisor.
So I'm not going to tell you anything
other than go to irs.gov and do some research
from Uncle Sam.
Come back.
Keep panning for gold.
Johnny, keep panning for gold down there.
That's what he does with all his eBay money.
He buys like a, what are they called?
Like a sluice machine.
And he just, you know, he just pans for gold
out back in the yard somewhere.
That's his retirement.
Yeah, my eBay just funds my gold mining operation.
That's what that's about.
But I do think like, that's a good point, right?
Maybe you have, maybe reselling is just a stepping stone.
Right?
So I really want to have a landscaping company say,
so my eBay money goes into a pile
that's for my landscaping company to buy maybe a mower
or to hire somebody or for advertising.
Kind of like what I do with my eBay money
is my Amazon money.
Anything I make on eBay goes to fund purchases for Amazon.
It's the same thing.
You just basically have a completely different business
that maybe, you know, people like switching things up, right?
People don't want to resell their whole life.
Maybe they're just like,
well, I'm going to make a little bit of money,
see how I like this.
You wind up not liking it all of a sudden,
you want to pressure wash in business.
And you say, all right, well, I'm going to take
every dollar I make from eBay,
put it into my new business venture.
And just even that kind of thought process
is going to motivate you to do more.
And I think that's what it boils down to at the end of the day.
This whole call is if you have an end game and end plan,
the steps to get there are going to keep you motivated today
to do things the right way and keep focused
and just build your business.
Right, and take myself for instance,
I don't have to work the extreme hours that I do
if I didn't have lofty goals in mind.
And I only mention that because I could live comfortably.
I wouldn't have to adjust myself.
I could have stayed at my fancy corporate job
and in this part time and did all right.
But I mean, like I want to throw some money to the folks
because if you guys have never looked into
how much taking care of old people costs, it's expensive.
Especially as they get weaker and weaker
and more ailments, more ailments.
I think it's upwards of like 250 a day
for personal home care.
Because neither one of them wants to go to retirement home.
And I don't blame you, if you've ever been in one of those,
that's basically old people jail and not the good kind.
If you got somebody nursing home, okay, maybe I'll take it.
No, I won't take it, it's terrible.
Dude, some of those places are nice.
Yeah, I mean, maybe.
Nicer than my apartment, they probably got pools,
dominoes night, you know,
I could probably make some new friends and everything.
But I do think like even something like that, right?
Even if you just have this business to say,
hey, I want to be able to take care of my parents,
take care of a family member.
Take care of a friend, anything like that.
You're going to be more motivated.
It's almost like your business has a purpose.
If you just resell to resell, you're just lost in the sauce.
You have no kind of purpose of what you're doing.
You're just doing it.
And then what happens is you stop doing it
or you don't do it the right way because who cares, right?
I just resell to resell.
Like that's just, you don't hear that really
from successful resellers is that I just resell to resell.
Right, I mean, I think everybody has their own personal goals.
Let's say you have kids, maybe you
want the smart one to go to private school or all of them
to go to private school.
See what I did there?
I said their only one was smart.
Anyway, that costs money and it's expensive.
And then they're probably going to go to a more expensive
college as a result of that.
So if you do reselling for that, that's
a purpose-driven life in my opinion.
Once they're done with college, you can call it dunsies.
And then you won't be motivated too, right?
Because you know, hey, it's going to cost this amount
or on average this amount.
This is how much I got to make and put in this account.
And when that day comes, you're like, hey, all the work
I did leading up to this point, all the motivation you had
leading up to this point, you get your payoff.
And then like you said, if you reach your goal of whatever
it is, you want to own this, that, whatever it is,
then you can kind of step back and just chill
and just make YouTube videos and do things part time
and really not depend on it.
I think a lot of people get to a point
where they start really depending on every single dollar
in their reselling business.
Like if I don't make this 10 bucks, then I'm done, right?
And that's where you start getting into trouble
because you have no leeway with things
and you just demand this X amount of dollars.
And when it doesn't happen, you're checked out,
you're closed up because your business can't function.
Yeah, if it wasn't for this aging or dying thing,
I could go at a much slower pace.
But apparently that's a thing that we all have to endure.
So that's the other thing.
I didn't mention this.
Like the long hours, that's just to speed up my timeline.
I could work a five hour day doing the same thing,
but there's only so much I could do in those five hours.
So in my case, I work more than a full-time person works.
I probably work two full-time people's jobs in a week,
to be honest, maybe two and a half.
But that's just to speed up my own personal timeline
for my own personal goals.
By no means am I advocating do what the hell I do
because it hard, it long,
and I'm pretty sure I'm immune to copy at this point.
But if you work longer and or smarter,
you can speed up your own personal goal timeline
and the sooner you can get out of doing that,
your IND thing.
And that's what I'm doing.
I realize the sacrifice is upfront.
I'm okay with that personally.
I do think that gets to a point,
like just anybody can sit here and look at themselves, right?
I played soccer in high school.
They were in open down a soccer field a million times.
You put me out on the soccer field today, chief.
I ain't even making it halfway down the field
without being like, I'm done, right?
So you work hard now so you can have the payoff later.
And I do think it kind of gets lost, right?
We have so many people like in the Discord and on YouTube
that are retired that still do resell for fun
because honestly, a lot of the older generation,
they worked their butts off their whole lives.
They did the hard work upfront, yeah.
So now they're retired and now they have this work mentality
like ourselves where, hey, I'm retired.
I can live comfortably,
but I'm still gonna do something to stay active,
pull a little bit of extra poker night money in my pocket.
And I do think it's a huge generational,
basically mind shift when it comes from the older retirees
to people our age where it's just like,
you work for today, you're not planning for the future.
When a lot of those people that we're seeing
are successful in the group, they're retired,
they live comfortably, they still wanna stay active.
They still wanna make a few extra bucks.
It's almost a mindset when it comes to working hard
and planning for the future, just working.
You just work, I just work.
I just have a job, right?
This is all I do, it pays my bills.
And you punch out no more thing,
but the older gentlemen and ladies,
they have a different, I agree with you,
they have very much different work ethic.
And I guarantee you they don't shortcut corners
when they do put in their hours.
When they're in clock mode,
it's professional job, guaranteed.
Yeah, so I think we're gonna wrap it up there.
This was a shorter call, but it was insightful.
I just wanted everybody to start thinking about the future.
Think about a plans of what you wanna have.
You wanna open up a store for a resale business.
You wanna open up a thrift store.
You wanna have rental properties.
You just wanna have a big retirement fund for yourself.
So you can go live in Costa Rica with Deb
when the time comes.
Something like that, even though it's 30 years
down the road, 40 years down the road,
planting the seed today is gonna motivate you today
until you get to that goal,
and you're gonna do things the right way.
You're gonna be more motivated.
You're gonna have less days where you're down
and out on yourself overall.
So as always, we appreciate y'all listening,
watching if you're over on YouTube,
and we'll see you guys in next week episode.
Thanks for listening to another episode
of the Resellers Mindset Podcast.
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