Dealing With Troubled Waters

For us black folks, we were born in troubled waters simply by being born in the United States.

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From my book “How To Be Rich, Nigga”:

For us black folks, we were born in troubled waters simply by being born in the United States. While I love this country and was born and raised here, the U.S.A. historically tried its best to knock us out of the box and de-humanize us, render us for poor, and leave us for dead. But, it couldn’t be systematically done and we bounced back and fought the good fight like nobody’s business.

We, of all people in the U.S., know about troubled waters and know that high tide can come and wipe out all kinds of stuff. But, at the same time, because we are intimate with troubled waters, we know how to withstand these floods, calamity, and disaster. We are very strong and can deal with stuff that others would simply jump off of a bridge if having to deal with it.

Please know that troubled waters are actually a part of life. High tide and low tide are natural occurrences of the earth’s ebb and flow and we must consider these as natural events and not events to wipe us out. We need to plan for these disasters now in order to secure the future.

What To Do If You Fail – Determination And Persistence

There are people with a lot of talent and no determination and they fail consistently.

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How To Be Rich, Nigga by Gerard D. Spinks

How To Be Rich, Nigga by Gerard D. Spinks


Many people have written about this key ingredient and it is very, very true. A lot of times, what separates people form one another are these two traits. There are people with a lot of talent and no determination and they fail consistently. There are people with a little bit of talent but huge amounts of determination and persistence and these are the ones who become leaders and celebrities.

In order to harness success, we need to have an immense dosage of determination and persistence. You need to keep driving and keep striving regardless of any bullshyt out there in your way. If it is hard to focus and get determination or if you give up after a couple of attempts, it will be very difficult to get and realize your ultimate dream. In most cases, the reality is that you will experience failure much more than you’ll experience success. I have personally failed with 5 different business attempts before I achieved success.

The point is that you must stay determined, resilient, and persistent and figure out how to keep that energy up even if you don’t see success right in front of your face.

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How To Be Rich, Nicca – Athletic Math

As an athlete, you can sign your contract in one of two ways

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New York Yankees third baseman Alex Rodriguez makes an off balance throw to first base to get the out against Toronto Blue Jays batter John Buck during the second inning of their MLB American League baseball game in Toronto June 4 , 2010. REUTERS/ Mike Cassese (CANADA - Tags: SPORT BASEBALL)

As an athlete, you can sign your contract in one of two ways: as an employee of the company/team or as an independent contractor. As an employee, you work directly for the Los Angeles Lakers or whatever team. As an independent contractor, you work for your own corporation that is incorporated as an INC., LLC, S corporation, or C corporation with your name on it. No other cat like a Don King can take your firm away from you because it’s yours and you are the majority shareholder.

To illustrate my point, Alex Rodriguez of The New York Yankees is a corporation. He had the choice to be an employee with an employee salary from the New York Yankees but years ago he established himself as a corporation outright. The Yankees do not cut a W2 payroll check to Alex Rodriguez. They pay his corporation a check made out to Alex Rodriguez Incorporated. If they paid him as an employee, it is no different than when we get paid. Taxes are taken out of his checks just like yours.

Since he gets paid as a corporation, he has more flexibility and the taxes are not taken out by the Yankees. This puts a huge burden on Alex’s tax accountants but since he has savvy accountants, lawyers, and investment advisers around him, it works for his corporation to handle his taxes and not get him into trouble financially.

This is why it’s important to have a sick tight team around you when you are making a ton of money. It’s important to have a reputable accountant, lawyer, and investment adviser. You’ve got to think about money coming in for you from the ages of 30-90 after you play ball. That’s 60 solid years of no income while your playing money only lasted from 20-30. 10 years of income, 60 years of no income.

How To Be Rich, Nicca – Will A Job Fulfill?

All the wonders you seek are within your self and God has given you most of what you need to create wealth.

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How To Be Rich, Nigga by Gerard D. Spinks

How To Be Rich, Nigga by Gerard D. Spinks


Resist all the temptation and the parents who will tell you that you need to get and keep a good job. When I started making a bucket load of money from one of my businesses in Oakland, California, my mother simply did not believe that what I was doing was legit and told me to find a good job.

Old School cats are not used to this mentality so I encourage you not to share this with everyone in your family. Not everyone will get it though. Historically, we were not taught to create and maintain businesses. Let me be clear though, I am not telling you to go quit your job and that you do not need that income anymore. I am telling you to create a plan to create wealth and work the plan slowly over time and this will create wealth. Your new business plan is going to take 3-5 years just to mature and you’re going to need your income from your job while your get rich plan is materializing.

Some of your plans will need money to fund the deal and some will need your time, creativity, and persistence. I find that most plans really need your time most of all and as Donald Trump says, time is money. You can save yourself a bucket load of money if you know how to do most of the stuff incorporated in your personal wealth plan yourself. Some things require what God has already given you and I would try to focus on those areas to save money in your plan first.

All the wonders you seek are within your self and God has given you most of what you need to create wealth. God would never create you with this intellect and this ability and let it never happen for you. It lies within us all…you just have to be willing to dig deep enough and have the courage to go find it, go after it, and have the patience to let it mature.

I repeat, DO NOT QUIT YOUR JOB right away and get yourself in a financial bind. The economy is already tough enough and you are lucky if you’re working. Do not quit your job until this plan begins to replace the jobs income consistently for at least a 12 month period.

How To Be Rich, Nicca – Getting Started

Generating any type of wealth is about planning and executing.

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How To Be Rich, Nigga by Gerard D. Spinks

How To Be Rich, Nigga by Gerard D. Spinks

First of all, getting started building wealth is about making a plan and creating a goal and executing your plan on a daily, weekly, or monthly basis. Whatever your wealth objective is; create a plan to get there. If you’d like to earn $1,000 in the next month, write down that goal and create a plan to help you get to that goal. If you’d like to earn $4 Million per year, write it down as a goal and write down a plan to get you to that point. Your plan will serve as your map and will get you up out of your situation.

Your plan, however, needs to correspond to where you are in your life right now. If you are young, in your teenage years and want to buy a car, you should start with a small plan. Sometimes, it may be unrealistic for you to buy a car when you are 16, 17, or even 25 so you’ve got to go with a realistic plan that will help you get to that ultimate goal.

If you have a plan to go to college but have no idea how you’re going to get there, write down the goal of going to college and begin to look all over the Internet for grants and loans that will help you get into college. If your goal is to earn $250,000 annually, write it down. The goal may have to include more than just getting the job that is paying you $40,000 per year. You now need to lay down a realistic plan to make up the $210,000 difference. I think y’all get my point here and don’t want to beat a dead horse.

Generating any type of wealth is about planning and executing. You must create a plan and then execute on the plan without fail until the actual end result is achieved. You cannot stop executing until your desired outcome is met. If you stop executing, no one else will help you achieve and reach the desired end result.

All posts are original content by Gerard Spinks Publishing, LLC, Atlanta, GA USA 678-993-7743