Need to help my buddy out... he's going bankrupt :(



cheshire said:
I have literally gone from being a millionaire to having over 4 million in debt in less than a year and some how I managed to pull my ass out of it without filing bankruptcy like a little bitch. The secret? Hustling my ass off. Not back to millionaire status yet, but I hustle every day to make it happen.

STOP. WHINING. GET. BACK. TO. WORK.
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Did you ever post this story on WF or anywhere else?.
 
He's still making $4k a month?

- Sell everything
- Move the family to a beachtown in Mexico and live on $1k a month. Tacos / beans / rice everyday. Ride around in bicycles.
- Tell him to step up his game / work his ass off
- Learn proper money management

Seriously where the fuck did the $25k a month go? Cocaine? Gambling? Hookers?
 
Good Story Bro.....

Hate to be harsh but my first thoughts when I saw the post was, since when did this place turn into Warrior Forum......MODS please delete this fucking sob story ASAP!
 
See this is the problem with American lifestyle. Pplz spend more than they earn and they go bankrupt the 2nd month before they were making 25K a mo.

I'm in India and I'm in IM since 2008. I have made money the hard way and still doing it the hard way. I can afford aircon and a good chair but still I work without it. It is time of summers and I live in desert and normal temperature here is of 42+ Degree Celsius every day. I can afford a luxury car and can buy it any time here in India and can showoff shit but no what I did is I have invested in property market here in India.

I have bought 3 properties in past 2 years. 2 apartment house and 1 land. I know I may sound moron but I never took any vacation in past 4 years but all I did is to stabilize myself.

Sorry to say but your friend was a moron by NOT saving money and spend it all like a king.
 
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Your_Pal said:
Sorry to say but your friend was a moron by NOT saving money and spend it all like a king.
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Yes, this has been established multiple times in this thread. You provided nothing of value and restated the obvious just to stroke your own online ego cock?
 
lose lose win said:
Yes, this has been established multiple times in this thread. You provided nothing of value and restated the obvious just to stroke your own online ego cock?
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So you have NO JOB other than comparing posts? Put some value yourself rather than bullshitting jackass.

What I have posted is based on facts. You jelly??
 
lose lose win said:
Yes, this has been established multiple times in this thread. You provided nothing of value and restated the obvious just to stroke your own online ego cock?
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He's just wanting to be Your Pal, man. If you read between the lines, he's basically telling the guy to cut back on luxuries and get back to the basics.

If you're friend's bleeding, you don't pump him full of more blood in hope of stopping the gaping hole in his chest, you stop the bleeding first. Same concept financially.
 
Your_Pal said:
So you have NO JOB other than comparing posts? Put some value yourself rather than bullshitting jackass.

What I have posted is based on facts. You jelly??
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Yep, it's a full time job spotting useless posts on WF. I pride myself on doing this job to the best of my abilities and will not be deterred by your meanie name calling.

Yes, what you said is based on facts... just like the other 5 people that said the same shit.

Fuck it, it isn't my thread nor friend.. here I'll join in and provide value equal to your fact based post.

Hey OP, your friend is a fucking retard for

A. not saving money while balling on 25k a month.
B. living in the fucking ghetto while making 25k a month and still has nothing to show for it
C. considering bankruptcy while making 4k a month
D. depending solely on Google for his monies
E. Needing you to motivate his ass to take care of his family when he has a decent skill set

That pretty much sums it up... glad I could help.
 
blogginginc said:
Did you ever post this story on WF or anywhere else?.
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The only other person that knows this is my accountant. Just trying to prove a point. When you focus on what you lost you'll never get back ahead. Drop it like a bad habit and focus on the future, not the past. Don't cry over spilled milk.

Besides a 301 redirect to a new domain should get him like 70% of his income back which he can then invest into new sites like he should've been doing from the beginning.
 
tell him to get a job painting cars for an immediate income and start developing new skills on the side that don't revolve around search engines as the main source of revenue.
 
He only made $25k/month for 3-4 months. The rest of the time before that it was a lot less as far as I remember. Right now, he's got his credit cards almost maxxed out, just bought a new car with a small down payment, owes 400k on his house (got a bigggg house dayum makes my townhouse look like a toy), and was buying links from IAcquire who charged a shitload,... but when his earnings went down he didn't know whether to keep the links or not since if you dump good links that is unnatural/kills link velocity too... negative link velocity is never good ha...

anyway that's the most detail I know of the story as I haven't exactly drilled him about what all bills he has... he has told me though that his real-world bills and SEO/backlinks expenses add up to about $14k/mo. Pretty crazy. My expenses are around 20k/month but most of that is SEO.

Fatbat said:
I can't understand why he's going bankrupt. He's making $4k a month. Even if the house isn't in fact paid for, he should still be able to pay up to a ridiculous $2-3k mortgage, his utilities, and put food on the table. Care to elaborate WHY he can't live on $4k a month?
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Your_Pal said:
See this is the problem with American lifestyle. Pplz spend more than they earn and they go bankrupt the 2nd month before they were making 25K a mo.

I'm in India and I'm in IM since 2008. I have made money the hard way and still doing it the hard way. I can afford aircon and a good chair but still I work without it. It is time of summers and I live in desert and normal temperature here is of 42+ Degree Celsius every day. I can afford a luxury car and can buy it any time here in India and can showoff shit but no what I did is I have invested in property market here in India.

I have bought 3 properties in past 2 years. 2 apartment house and 1 land. I know I may sound moron but I never took any vacation in past 4 years but all I did is to stabilize myself.

Sorry to say but your friend was a moron by NOT saving money and spend it all like a king.
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You my friend are a badass. Thanks for sharing.
 
Anyway guys, he started calling yellow pages today. He's a pretty good designer but never realized he could sell that so at least I hope he closes some design deals.

I got a lot of PMs from guys here who are well known respected members who have been killed/hurt by Google updates recently. Sucks!!! But shit happens... the smart guys among us will recover stronger and diversify even more.
 
Does he have any local contacts?

Prospect,

also if he does some research try to find a local company thats already ranked in google, maybe page 2 or 3.

Offer them a pay on results, get them to the front page of google.

They'll get more traffic, be happier and then ask them for referrals.

Then goto the businesses around that business that he helped. and offer his services, using other said business as an example/


another way to spin in it: Get some postcards made. Put said business that he helpeed rank and say This business ______ name of business here____ is now ranked at the top of google, they are bringing in twice the amount of leads and customers as before. then blah blah, get them to contact you, sell them. close. profit. (Much easier said than done though)
 
ANOMOANON said:
Ive had some luck with building niche sites for serviceprovidedcitynameorarea.coms getting them ranked and leasing them month to month to businesses in that area. Its not killer money and take a little time to get ranked/stable, but labor type services (cleaners,plumbers) in cities/towns are pretty are pretty easy targets
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pinchyfingers said:
I had the idea of doing exactly that for attorneys, but after ranking one site talked myself out of the idea. I think blue collar business would be a better target.
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I like the blue collar for lead gen. Especially the emergency types. Plumbers, heating and cooling. When they call it's usually an urgent conversion. Also found to be an easy sell to local businesses. Lawn care, deck builders even attorneys and plastic surgeons the lead is more research oriented. A higher LTV frequently did not = a higher roi from my experience.
 
Send him a copy of this book (Tightwad Gazette):

[ame="http://www.amazon.com/The-Complete-Tightwad-Gazette-Dacyczyn/dp/0375752250"]Amazon.com: The Complete Tightwad Gazette (9780375752254): Amy Dacyczyn: Books[/ame]
 
crossfittn said:
He only made $25k/month for 3-4 months. The rest of the time before that it was a lot less as far as I remember. Right now, he's got his credit cards almost maxxed out, just bought a new car with a small down payment, owes 400k on his house (got a bigggg house dayum makes my townhouse look like a toy), and was buying links from IAcquire who charged a shitload,... but when his earnings went down he didn't know whether to keep the links or not since if you dump good links that is unnatural/kills link velocity too... negative link velocity is never good ha...

anyway that's the most detail I know of the story as I haven't exactly drilled him about what all bills he has... he has told me though that his real-world bills and SEO/backlinks expenses add up to about $14k/mo. Pretty crazy. My expenses are around 20k/month but most of that is SEO.
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There's an old adage that keeping money is a lot harder than making it. You friend appears to prove this adage true.

I've noticed Asians are a lot better than Westerners in this respect. My (Indian) wife has more than doubled her salary since I've known her, but her outgoings have gone up by about 20-30%, and that includes having a kid. The first time I made some decent coin (a long time ago back in my early 20s), I promptly blew it and ended up in debt. I'm glad I learned that lesson early on, so as not to repeat the mistake.
 
KeepSuth said:
Does he have any local contacts?

Prospect,

also if he does some research try to find a local company thats already ranked in google, maybe page 2 or 3.

Offer them a pay on results, get them to the front page of google.

They'll get more traffic, be happier and then ask them for referrals.

Then goto the businesses around that business that he helped. and offer his services, using other said business as an example/


another way to spin in it: Get some postcards made. Put said business that he helpeed rank and say This business ______ name of business here____ is now ranked at the top of google, they are bringing in twice the amount of leads and customers as before. then blah blah, get them to contact you, sell them. close. profit. (Much easier said than done though)
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I'm pretty sure he doesn't, but his uncle might. Problem is his uncle is known for kinda trying to scam him under a mask of trying to help. LOL

I'm sending your post to him (he's not a member here). I'm sure he'll appreciate it a lot. Thanks for the thought! I think it's a little advanced for now though... dude needs to blow up that phone.
 
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