- The Really Rich Journal
- Posts
- How I bought my dream car.
How I bought my dream car.
There's always a way.
Hello again, Squad.
The Really Rich Journal
If one does not fail at times, then one has not challenged himself.
A special thank you to our sponsors who keep this Journal free to readers:
Melio gives businesses the flexibility to pay vendors, suppliers, and contractors exactly the way they want. Vendors get a check or a bank transfer—and don’t even need to sign up. Learn more now.
At Porsche Downtown Chicago we know that you have high expectations, and as a car dealer we enjoy the challenge of meeting and exceeding those standards each and every time. Allow us to demonstrate our commitment to excellence here.
The Weekly Tone
Last week, I bought one of my dream cars.
Thumbs up from my GT3 RS.
But, before I pulled the trigger my mind flipped back and forth - do I really need what’s practically a race car to pop between the gym, office, and coffee shop?
No.
But I surely wanted it. Certainly, it isn’t “reasonable”. But, it’s damn fun. Oddly, enough, reasonable isn’t a good reason for anything. I’m mostly unreasonable in the quality I demand of my work and the amount of time I build into my relationships.
I believe purchases like this are only stupid if you are too.
Critical point: I only moved forward with the purchase when I made another, far more important decision.
I decided that this car wasn’t going to pull from my existing income, and potentially limit other areas of my life, rather it would be “free” from new income unearthed.
The burning desire to get the car pushed my mind into sixth gear (pun intended). New revenue streams and optimizations came to mind. Several were obvious opportunities that I’d been previously too busy or too lazy to exploit.
Basically, I wouldn’t have creatively uncovered these new stream without wanting to buy the car.
So, I spent 48 hours (all the time I had before the car would likely sell to someone else) researching new sponsors, A/B testing new streams, optimizing existing products, and offering freebies to strategic partners.
I emailed and called about 30 people and worked around the clock.
When the dust settled, I made enough money to pay for a good chunk of the car in 2 days.
This car will be free - paid by human creativity, good relationships, and a little sweat.
It went like this:
What do I want?
What are things I can do now to pay for it? Do those things immediately.
Can I use the new thing to make more money or open new social relationships? Quantify.
Will this thing benefit me or harm me in the long run? Yes or no.
Pull trigger.
There’s nothing we can’t accomplish when we think creatively.
When I see a brick wall in the way of my dreams, I skip the bulldozer and look for the door.
The more you think like an entrepreneur, open-minded and nimble, the more you see the doors all around you everywhere you look.
Once you think this way, anything becomes possible.
This week, I'm taking meetings in Chicago, IL.
💰 R/RR
Rich: I buy the most expensive thing I can afford.
Really Rich: I decide on what I want and figure out how to pay for it.
🎙️ This Week On The Really Rich Podcast
In episode 35 of The Really Rich Podcast, Nicholas Crown talks about the role fitness plays in his life as an entrepreneur. Setting your health as a high priority can have a profound and transformative impact on your daily journey. Staying fit is certainly one of an entrepreneur's most valuable assets. Discover this now.
Podcast available on YouTube, Spotify, and Apple Podcasts.
🤝 How I can help you:
The Entrepreneur’s Field Guide (Book) - learn the rules for entrepreneurship and how to blaze your own path.
The Guided Journey (Course) - I’ll be your personal guide on your path to success in my comprehensive digital lecture course
The Really Rich Podcast (Free) - a weekly deep dive into business, finance, and wealth mindset.