Is every MRPer rich as fuck?

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August 25, 2016

hey guys,

this is more of an observational question. Almost every FR that i see that mentions money mentions the fact that alot of the solid MRPers are making 150-200k a year.

I know what alot of people might say is well, just make more money. I would like to know the magic formula for going from 70k to 150k.

anyway, just a question. How much do you guys make in a year? My wife and I combined make around 80K without any of the three bonuses I receive in a year. If its a good year I may get close to 90K, but in the current economic climate that's unlikely.

Also, just to note, I went from making less than 30K, while married, in 2012 to making 65K mid 2015, so I believe I have done quite well in increasing the money game.


Post Information
Title Is every MRPer rich as fuck?
Author prematureredpill
Upvotes 7
Comments 19
Date 25 August 2016 03:17 PM UTC (4 years ago)
Subreddit askMRP
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[–]onmyownpath13 points14 points  (16 children) | Copy

Good job increasing your income so far. You get to the next level just like you got to this level. You increase your knowledge, skills, and connections.

One thing that cannot be stressed enough is the vital importance of income in your life. Your income is your most valuable asset. As you have seen going from 30k to 65k - more money means a lot more options.

Now, you probably have already made the mistake of increasing your lifestyle when your income went up. Big mistake. I am in the range you mention but I have kept my monthly required budget down to less than 5k per month. You know what that means? Freedom. I am fucking free.

I have 2 years worth of cash on hand. I could stop all income and maintain my comfortable lifestyle for 2 years. You need to be fighting for 6 months of cash on hand. Beat your monthly overhead down as low as possible. Drive less expensive cars. Drop the big TV package. Live in a place that is reasonable to your income level. Save until you have at least 6 months of cash.

Instead of wasting your time and money on bullshit that will never pay you back - invest your time and money into skills and relationships.

Look for people who have a need that you can help with. This is key. It truly is better to give than receive and the sooner you learn this the better. The wealthier people you can help, the more you will benefit.

It might feel good to give to the poor - but the good feeling is the only return you will see.

If you find people who are at higher levels than you and solve their problems - you will begin to profit from those relationships in ways that are completely unpredictable. I just recently had an opportunity fall from the sky that is completely unconnected to anything I was working on. I then reached out to my network and created an opportunity worth several hundred thousand dollars. It will total into the millions for the other people involved, and my cut is generous just for bringing the opportunity to the right people.

I could not have done this if I had spent the last 5 years spending my money on garbage, watching Game of Thrones, and punching the clock for 40 hours.

Fuck 40 hours. This is your fucking life man. There are 168 hours in a week. You spend around 56 of those in bed. That leaves 112 hours per week to do your thing. It is plenty of time. You need to be going to meetings, shaking hands, having coffee, asking sincere questions, figuring out what everyone you know is trying to do. Start helping them do it.

I'm not talking about helping them fix their car. I'm talking about connecting with people who are trying to build things and trying to help them get there.

This effort will eventually all pay off. There is no overnight success. Don't think of this in terms of time and years.

Instead - fucking make a choice. "For the rest of my life I will use my time and talents to increase the quality of people I associate with and to help them accomplish their goals."

There is a lot more that can be said. The higher you move up, you will begin to have more people coming around to associate with you. You can make connections for people at levels above and below you.

This shit is really hard work but it is also very easy. This is self-improvement. This is life improvement. Put in the time. Read the books. Take the courses. Go to the meetings. Look for opportunities to help others.

People at the bottom are always "take, take, take" - people at the top are always finding ways to solve problems for other people and profit in the process. "What are you going to pay me" is all the bottom people think about. My workers just punch the clock and I give them their check. They go home and waste their lives. As long as you think in terms of "pay me" you will always be treated as a tool in someone else's bag.

If you start thinking "let me help you get there" - you will become a valuable asset. Right now you make 65k because that is exactly what you are worth to someone.

It is a fundamental law of the universe - If you take more than you give, you will end up with nothing. If you give more than you take, you will end up with abundance. If you do less than you are paid for, you end up fired. If you always do more than you are paid for, you will always move up the ladder of value.

And I don't want to hear any fucking crybabies saying they don't know anyone or have any connections. 7 years ago I was flat broke. Busted. In a town where I didn't grow up. With zero connections. So fuck your excuses.

[–][deleted] 1 point2 points  (1 child) | Copy

This shit is really hard work but it is also very easy. This is self-improvement. This is life improvement. Put in the time. Read the books. Take the courses. Go to the meetings. Look for opportunities to help others.

idk if we've crossed paths on reddit before but I like your style and message.

[–]onmyownpath1 point2 points  (0 children) | Copy

Don't think so but the feeling is mutual.

[–]sexyshoulderdevil75% Liquid Sarcasm1 point2 points  (3 children) | Copy

Well put.

"Stop selling. Start helping."

~ Zig Ziglar, Salesman

[–][deleted] 0 points1 point  (2 children) | Copy

Gold plated advice right there. It's also very useful to get to know people who are useful to know. Knowing the right people can make all the difference sometimes.

[–][deleted] 0 points1 point  (1 child) | Copy

your MIL says:

Knowing the right people can make all the difference sometimes.