Harrison Gevirtz & Taking Jobs On Odesk?
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You didn't save those money you made? Or u blew it all on "shiny objects"?
If I was making that much, I'd definitely have saved for rainy days and probably made some investments.
We're talking about making 5-6 figures PER DAY; even if you saved a percentage, it'd be enough to tide one over during rough times UNLESS your upkeep includes a garage of Lambos and a castle.
"shiny object"? by no means.
Lets take this simple example into account. Lets use simple whole numbers too:
1. You profit $1MM in the last six months of a year, whereas before you made pretty much nothing in comparison before.
2. Your so busy babysitting campaigns and doing work, you dont have time to do everything needed the right way. Come Jan of the next year you realize you need to pay taxes ( because your a US citizen ).
3. After your state and IRS takes its cut from you being in the top tax bracket, your paying out some where on average 41-45% depending on where you live total in taxes
4. AGAIN, I am keeping this simple because I do not wanna fucking break out everything, but your left with what? Around $550,000 about? give or take a few.
5. What do you do with that $550k? sure you could invest it, but in what? What if you need cashflow for other projects like getting into Real Estate or blowing up more your current campaigns or building a new business?
6. Say you buy a modest house at $300k and 2 modest cars for you and your wife at $50k each. Thats $400k right there. Even if you didnt, $550k doesnt go far in Real Estate or building a real business on the side that has employees unless your boot strapping hard.
7. What if one of your new companies requires inventory too?
8. Insurance is a mother fucker.
9. Now what says you?
We can all say we are gonna do this and do that, but when a windfall hits you in the mouth and your spending all your time growing it, you dont always stop and say.. dammit Im gonna put all this shit into some mutal fund thats not gonna fuck me and only earn me 5%. Sometimes you need the cash flow for other things and when those things dont pan out quickly ( because their long term like RE or building a real business brand ) then you might end up getting fucked.
You can say what you want, no one here had a master plan starting out. Anyone that profited $1MM in their first year and went and bought Lambos is an idiot, some of us were conservative and diversifed into long term plays that dont generate 5 figures within a couple months, but you still need cash flow.
A lot of people don't realize how much taxes can wipe your shit out.
They start banking $100k a month and then try to make it rain every weekend :banana_sml: then by the time they realize they owe the government and state $500k, it's all gone :sadcrying4:
eliquid, I usually respect you as a posted but you're dead wrong.
5-6 figures a day in profit and it's suddenly all gone? Sounds like you were literally burning through money like an idiot.
As far as Harrison and Ryan, I'm tired of everyone coming in all of these threads covering for them. "Look at it from their shoes, you would have done the same thing." "Ryan and Harrison arn't that bad, it can happen to anyone." Where the fuck were you when Copeac or Epic were not paying pubs? I don't happen to remember anyone coming in sticking up for them... all I remember was people talking shit and making fun of Lemp for downsizing his house.
Where did you apologists come from, especially for EWA, the scum of the scum?
^^ your jumping the shark here bro.
Never once did I say I was doing mid 5-6 figures a day profit for 365+ days straight. Never did I say I only did it for 1 week either. When someone says they make 5-6 figures a day, all you people think "jesus fucking christ he must have been doing for 3 years straight and making 10MM a year". Also never did I say it was all gone suddenly like you imply. When you need cashflow and are spread out in other areas, nothing is "all gone". You can be the richest man on earth and still not be as liquid as a regular "millionaire" or have cash flow like someone with less.
Then again, a lot of you jumping the shark have no clue how the industry really is either and are fine on not knowing all the details because you have not been in the same position.
I know I am not apologizing for them or making up excuses. There was a reason Copeac got burned to ashes more then not paying their bills, but then again I have to think to myself if you even know why they got burned in the first place. Cheated pubs ( before they had money issues ), stealing campaigns, ratting out to the FTC, and other issues go far beyond anything I have heard EWA do yet.
I dont even run traffic with EWA, so I have no reason to uphold them.
Sounds like you dont know all the backstory, or consider the all the facts in what I posted, you only took it for face value. Did you for once think maybe he was outsourcing it? if not, you jumping to assumptions on everything else.
Never once did I say I was doing mid 5-6 figures a day profit for 365+ days straight. Never did I say I only did it for 1 week either. When someone says they make 5-6 figures a day, all you people think "jesus fucking christ he must have been doing for 3 years straight and making 10MM a year". Also never did I say it was all gone suddenly like you imply. When you need cashflow and are spread out in other areas, nothing is "all gone". You can be the richest man on earth and still not be as liquid as a regular "millionaire" or have cash flow like someone with less.
Then again, a lot of you jumping the shark have no clue how the industry really is either and are fine on not knowing all the details because you have not been in the same position.
I know I am not apologizing for them or making up excuses. There was a reason Copeac got burned to ashes more then not paying their bills, but then again I have to think to myself if you even know why they got burned in the first place. Cheated pubs ( before they had money issues ), stealing campaigns, ratting out to the FTC, and other issues go far beyond anything I have heard EWA do yet.
I dont even run traffic with EWA, so I have no reason to uphold them.
Sounds like you dont know all the backstory, or consider the all the facts in what I posted, you only took it for face value. Did you for once think maybe he was outsourcing it? if not, you jumping to assumptions on everything else.
^^ also, i was the first person on this forum to post about Harrison and his "receivables" debt collection company when EWA news started poppin up they weren't paying bills.
Dont ever lump me into taking a positive position for EWA or any other company. Im one of the oldest trolls on this forum and I dont take up for anyone unless I have proof I can.
Dont ever lump me into taking a positive position for EWA or any other company. Im one of the oldest trolls on this forum and I dont take up for anyone unless I have proof I can.
Really? EWA is a lot worse than Epic or Copeac imo, especially on the things you mentioned... Not even mentioning about the blatant excessive consumption and hard drug use by one of the co-owners.
But I guess it's okay to stick up for them because they are a Wickedfire meme and big posters here.
Really what these mofo's need to do is sit the heck down and figure out what the heck they want to do. I like many still to this day have NO clue what the heck they are (and I don't even think EWA does).
Are they an affiliate network, content locker, collection company, outsourcing desk, Indian/Tanzanian/Congo lead gen company?? What the heck are they. It really is not surprise that they are in the mess they are in; each one of the various business requires different asset protection strategies, personal, training,ect.
And honestly this latest venture, I don't even know where to start.
Are they an affiliate network, content locker, collection company, outsourcing desk, Indian/Tanzanian/Congo lead gen company?? What the heck are they. It really is not surprise that they are in the mess they are in; each one of the various business requires different asset protection strategies, personal, training,ect.
And honestly this latest venture, I don't even know where to start.
If you think I am sticking up for them, again you didnt read shit from my post.
If you judge a company becuase the owner has a drug problem, your also a bit fucked up bro. No telling the companies you support what their management team is into behind closed doors, but since its not plastered on a public forum for you to read, its OK right?
I know for a fact Copeac did those things, I cant say the same for EWA.. so I am not going to make up shit about them I dont know. Plus, I've heard Ryan is pretty sober, but then again since I dont really know I dont bring it up, unlike you.
Exactly. Same thing happened to myself..making XX,XXX monthly and suddenly the main client of mine (large media company) files for bankruptcy. Boom, income gone.
Great schtick. Both of them should take their act to Lorne Michaels and audition for SNL. Kid you, I do not.On oDesk it shows him doing work for under $11/hr. Regardless, even $50/hr is quite a step down from this:
Hello friends,
May laugh at Harrison Gevirtz now for wear armor but that armor will protect him when affiliates with weapon come after him for money.
Good luck bros
i dont think hes outsourcing it. if he was, he wouldnt put up his name there to be found and made fun of. he could just be 'some odesk dude' with good rep and working hours but hes by the name, surely not for good fame reasons..
Anyone paying that much tax on 7 figs+ is doing it wrong.
Whilst at the time the ROI might seem higher on spending the next week grinding out more campaigns, a flight to the cayman islands and meeting a top accountant would provide infinitely more ROI most probably.
It sounds like you spent too much time working in your business, rather than on it. Above 7 figures you should be getting employees in and all you should see of a campaign is reports & stats, which you can analyse and provide feedback on. Spending time inside your campaigns at that level is kind of like Zuckerberg producing code for Facebook - he may do it for fun occasionally, but in terms of the business, it's irresponsible - as at that level there's much wider scope and better ROI to be had by hiring someone to take it off your hands.
You'd then spot that you're paying too much tax and should look into ways around it, or that there's a new opportunity in XYZ market which can expand profits by 50% in the next year, etc, rather than worrying about a technical problem affecting your campaign on a certain day or whatever.
Not to say it's easy letting go of things like that, lots of people are scared that if you employ someone to manage a campaign or whatever that they'll run off and compete with you - or that no one can do it better than them. Quite frankly if you're worried about that, it's not a business you're running anyway.
I mean do they have the capital? Do they have everything else you'd need to make that campaign successful? Will they take that risk? Whilst part of them may want to, most never will. You can train an intelligent person to do most anything, and if you're making 7 figures you can afford to employ a genius on $150-$200k to do that shit well - whilst you focus on the bigger picture.
(I don't make 7 figs, just as a disclaimer - just my thoughts on things from talking to a fair few people that do, though. Most people regret moving themselves out of "doing" positions into "managing" positions so late on in their businesses, and it can cost them the entire business.
The maker/manager transition phase
First, Fire Thyself | TechCrunch )
P
Regardless if he is outsourcing it (I'd bet 100usd he isn't) it's still very lame for the guy who claims to be such a millionaire ultra successful biz man. He blatantly isn't.
To those who say its not lame to make easy money off side gigs, all thr successful people that I know in real life would not waste precious time arbitraging crappy odesk jobs for peanuts.
Regardless if he is outsourcing it (I'd bet 100usd he isn't) it's still very lame for the guy who claims to be such a millionaire ultra successful biz man. He blatantly isn't.
To those who say its not lame to make easy money off side gigs, all thr successful people that I know in real life would not waste precious time arbitraging crappy odesk jobs for peanuts.
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