Takeaway #219 on flipping: as inspired by Kia Shine

I think I rather switch my hustle and flip some real estate.

While Hip-Hop trying to hate, I’mma make some realer K.

I’mma flip a couple houses, make a couple 100 thousands

Kia Shine W.O.W.

Takeaway #219:   Is the real estate flip an investment, when a kid is calling it an alternative investment to pushing-mixtapes and other hustles?  What’s in your portfolio?

Takeaway #218: on the gross up with Annakin Slayd

They try to kill me every day in every way

They take forty percent earned from every pay

…I’m living how I want  – f@!k a nine to five

I’m alive, I’m alive

Annakin Slayd Alive

Takeaway #218:  The individual tax rate, makes you want to rethink your equity player status.  Perhaps your deal needs some Executive Gross Up, a company loan to purchase equity or deferred compensation.  Buffet points out that no one ever refused a dollar because they had to give a quater or two back….but….Gimmee shelter…..

Takeaway #215 hating the new: inspired by Chamillionaire

Speaking with a purpose but some folks out there be hating.

They be saying that money talks.

I talk but you ain’t relating

Chamillionaire  You a Dummy

Takeaway #215Rarely do you receive praise for speaking truth to power or for an innovative idea in the market place. The first inclination is to attack the new good thing…even when it is well funded.  Don’t lose heart – the second or third time approaching is often the charm.

Takeaway #224 paranoid good vs. bad: inspired by the beastie boys

I can’t stand it.  I know you planned it.

I’mma gonna set it straight – this Watergate

What could it be?  It’s a mirage.

You’re scheming on a thing, that’s sabotage

Beastie Boys Sabotage

Takeaway #224:  Paranoia can be good or bad.  When it is outward-facing it is healthy.  When it is inward facing – it is destructive.  When you are paranoid about your enterprise’s competition then you are engaging in healthy paranoia (Read:  Only the Paranoid Survive –Andy Grove {Intel}).  When you are scheming on your co-worker over office politics you are headed for personal sabotage (Ad Rock).

Takeaway #213 hedging: as inspired by Lil Wayne

It’s been murder, b@#%h, I make a killing.

Insurance papers in the safe, money in the ceiling

Lil Wayne We Come and See About It

Takeaway #213:  Yes, it’s diversification and hedge time. Although Lil Wayne is literally putting the portfolio into the house – between board and studs – your options can be in other vehicles. Like Paulson and Goldman Sachs vs. the subprime lemmings, time to zag while the others zig.

Takeaway #212 mental growth via large professor + Nas

Reduce fat rap, no calories in my mentality

No sugar no starch, the pull-ups is hard but get money

Large Professor f/ Nas Stay Chisel

Takeaway #212: This whole rap is a reminder that intelligence and mental growth comes with effort, like muscle work outs.  Your financial growth could be expanded with an Executive Course, a few CLEs or some basic reading.  Read Carol Dweck (Mindset) to get up to speed.

Extra: The Growth Mindset of Leadership