Quote:
Originally posted by sweetcuties
This industry is amazing... then again, it's just like any other industry. No one is immune. How can 1 second you're at the top of your game then, just let it all collapse? Don't these people have accountants? Don't they look at the books?? Shit, I learned this in biz 10. It's very sad.
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It is actually quite easy to lose it all when you think you have so much money coming in and aren't responsible with it....Take a look at Nick....Perfect case of someone who thought they could bullshit their way thru and tried to show he was a big man who drove Benz's, Lamborghini's....Those aren't investments....
If you have 2 million coming in every month and 3 million in expenses, guess what?....your business is shit....
Who the hell knows how these people think.... I just know Nick didn't think and it caught up to him.....
Now he will have to always look over his shoulder....That is pretty sad when you are only 19 and that is what you have to look forward to.
You can rip off 100,000 people of 20 bucks each and get away with it but you can't rip off a few for 1000's.
So Nick my advice to you, is seek another place to reside. Preferably somewhere in Siberia.
Good luck Nim Rod