Hello again, Squad.

The Really Rich Journal

brought to you by:

ALERT: Simplify Your Contractor & Vendor Payments

The Weekly Tone

Fiber optics are the cocaine of the telecom industry. The money is enormous and the risks are high. Most importantly, America seemingly has an unending appetite for the stuff. Faster broadband speeds are nothing to joke around with, ladies and gentlemen.

Now, before you think I'm going to dive into some colorful industry spotlight, rest assured that I'm far too lazy and uninformed to write that piece. No, this isn't a story about fiber optics, it's about personal capacity. Because when you think fiber optics, you probably don't think about hundreds of players in the market (especially if you live in a big city with one or two monolithic providers). You definitely don't think of opportunities existing for hungry, young individuals.

You know, fiber optics ain't exactly dropshipping.

I have the unique pleasure of connecting with interesting folks in my one-on-ones. And I found myself deep in the proverbial weeds of fiber last week with a telecom entrepreneur looking to raise some capital. Comically, I have a fraternity brother in my network who is one of the foremost experts in fiber banking in the United States. He's built a heck of a career from scratch. So, I was able to connect the dots for a Squad member in about fifteen minutes.

Anywho.

This certain fiber-friendly frat bro of mine happened to be in Miami this weekend, so as usual I ensured that we secured fine Italian foods to soothe our tortured souls. Over a "pinsa" (a Roman fluffy pizza), and pleading with me to disclose how I casually come into contact with the occasional multimillion-dollar fiber optic deal in my questionable line of work, he accidentally revealed his meeting calendar to me. As in, I saw his calendar (in dark mode) on his iPhone.

And, holy shit, I've never seen anything like it.

My dear readers, I have busy days, I really do. But this was demented. This man had a meeting booked every thirty minutes, with zero gaps, from about 9 AM to 6 PM. Every. Single. Day. Many days, there were two meetings at the same time requiring analysts and likely two connections running simultaneously.

When does he use the bathroom, you might ask? You don't want to know.

Now, I work hard. But I don't work that hard. It was an exhibit of focus and intensity. And I don't need to rattle off the details of how it's paying off for my Broadband Broski. Let's just say, he's doing pretty well.

I suddenly felt like a clown.

I'm not saying that everyday should be a fiber-optic grind as per my buddy. However, I have my hands in a few things that I wish were growing a touch faster. And my calendar doesn't look like his. Maybe, just maybe, that's why those things aren't growing faster?

I could pump up the outbounds, rewrite the sales scripts, and set a quota of daily touchpoints, to name a few things, that would virtually guarantee that my calendar does look like that in a few months. More meetings, more opportunities to grow.

A calendar like that can't help but make you lots of money. So what am I waiting for?

Hint: I'm no longer waiting and perhaps neither should you.

This week, I'm taking meetings in London, UK.

R/RR

Rich: Blame it on someone else.

Really Rich: Blame it on yourself and fix it.

Flexible Payments with Melio

This past week, I created a sponsored post for Melio, which is kind of like a Swiss Army knife for paying vendors and contractors. In my own businesses, paying vendors in all formats, and having multiple platforms is a headache for management and tracking. Some vendors, take a direct deposit, and other companies need a check. Melio centralizes all the flavors of payments in one easy-to-use platform.

As I mentioned in my skit, you can also use Melio to pay vendors with a credit card even if they don't accept a credit card (for a 2.9% processing fee). This means you can leverage the 30-45 day float of a card to extend your business some mini-credit without paying vendors or contractors late. This is particularly important if someone owes your business money, and you need a few extra days to connect the dots.

Check out Melio.

This Week On The Really Rich Podcast

This week, I sit down with my friend and local mentor, Ned MacPherson, who shows you how an "accidental" check from a friend turned his consulting side hustle into a multimillion-dollar agency.

eCommerce heads will love the detail in which Ned thinks about data and online growth, and everyone will appreciate this scrappy story of success.

Available on YouTube, Spotify, and Apple Podcasts.

🤝 How I can help you:

1. The Entrepreneur’s Field Guide (Book) - learn the rules for entrepreneurship and how to blaze your own path.

2. The Guided Journey (Course) - I’ll be your personal guide on your path to success in my comprehensive digital lecture course

3. The Really Rich Podcast (Free) - a weekly deep dive into business, finance, and wealth mindset.

The Really Rich Spirit

On Curiosity:

The vast majority of Really Rich people are aggressively curious.

Deep curiosity leads to perspective shift and growth. Being curious enough to learn from another person, effectively transfers their insight to you. Allowing you to leverage what you learn to make positive shifts in your life.

Nick Saban didn’t spend an hour watching a crossing guard direct traffic for nothing. He knew the crossing guard was excellent at his job. Saban let his curiosity takeover to gain insight into what made the crossing guard superb.

Insights which potentially have high value to Saban, potentially giving him the winning edge. All because he stopped to be curious.

The Rich Guy doesn’t just see a server, mechanic, or fisherman. He sees people with huge stores of knowledge and experience in areas unknown to him. Knowing little, respectively, the Rich Guy lets curiosity win his attention to better understand who these people are and how they achieve their goals. Leveraging curiosity to gain insights from the world around him.

Whether it’s the mailman or a Michelin-starred chef, everyone has something to teach you; you just have to be curious enough to listen.

A Special Thanks

A special thanks to the pioneers who reviewed The Really Rich Podcast on Spotify. While, I've shouted you out by name in the filming (which drops in a week or so), I wanted to double-up on the appreciation:

You rock, plain and simple:

• Kelly

• Nick J.

• Lee

• Eliana

• Joel

• Darko

• Diego

• Nathan

• And 35 more who reviewed anonymously...

Thanks for your support and interest in what I'm doing. If you haven't left a review yet, and wanted to, you can check out the Spotify channel here.