Your Nine To Five Is A Massive Risk

Miso Robotics uses a cloud-connected AI platform that enables autonomous robotic kitchen assistants to perform tasks such as frying and grilling alongside chefs in a commercial kitchen. Miso’s latest commercial partnership with Inspire Brands, parent company of Buffalo Wild Wings, is called Flippy Wings. This robotic frying solution is forecasted to increase food production speeds by 10-20%. And if that’s not enough, here are a few more reasons to invest: Nearly $38M raised via equity crowdfunding. Signed an $11M contract with CaliBurger. Entered into an agreement with White Castle for a North American rollout. Working with 10 of the top 25 QSRs. Achieved 2 granted patents and 10 more pending. Don’t miss out. Invest in Miso Robotics before the opportunity closes Nov. 18.

I’ve always been big into personal finance. As a young kid I would save all of my change in jars. Put away a large chunk of my weekly allowance into my safe that was buried inside of my closet. Hoard jars of quarters, dimes, nickels and pennies. I didn’t have any real fixed costs so I just hoarded away all of my money.

When I got older I started selling random goods. I flipped Pokémon cards in elementary school until the superintendent shut that down. When I got older I sold skateboards, clothing, hats and really anything I could buy in bulk and mark up that my friends would want.

After graduating from college I moved to candy machines and selling junk I would find at Goodwill on eBay. I even sold my time to write articles on the internet.

During this time period a 9-5 job has always been a constant. A way to pay the bills like any other average American. Sell your time for a quick buck. The traditional way of life in Western society.

During my formative work years as a minimum wage employee I saw my co-workers struggle. Single moms working for $7.50/hour just to live paycheck to paycheck. The 65 year old man struggling to come into work everyday to do hard labor that his body can’t handle as well as when he was 20. Poverty and depression.

Everyone I worked with spent the majority of their time in this small little supermarket struggling to make ends meet. Day after day. One month they might be ahead $100 bucks and the next month they were in the hole $500 because the radiator on their car blew out. An existence of anxiety directly correlated with the lack of resources in their bank account.

When you are living like this five incremental dollars per week will do wonders. twenty incremental dollars per week could be life saving. One hundred incremental dollars is game changing.

Thankfully I never had to struggle to earn one incremental dollar. I grew up in a household that never had problems with money. My parents had decent jobs and saved 25-50% of their after-tax income every year. These lessons from my father in front of a computer guided me like a light in my adult years.

My dad would sit my brother and I down to watch him calculate his net worth on excel. It was boring, but a great lesson to engrain the art of compounding in someone’s head. If you saved money, you will have money trees in the future. These lessons taught me that the more I save, the faster it will compound. Compounding interest was a literal money machine.

During the Great Recession the idea of saving as much money as quickly as possible hit me like a ton of bricks. I grew up in a small Midwest auto town. When the Great Recession hit our town, I saw many families lose everything.

One of my friends lived in a nice house in a desirable part of town. His dad was a housing contractor and killed it during the real estate boom leading up to 2008. They had one of the biggest houses in town. All of the toys they could want. New trucks. Snowmobiles. Dirt bikes. But when the housing bubble crashed they lost everything. All of the mortgage and consumer good debt could not be serviced when the work dried up. Eventually, they ended up losing their house and moving into a trailer park.

This exact moment is when I realized having a nine to five job is one of the most risky things you can have. If you rely on a single source of income which you have zero control over you are living on thin ice. If you are levered to the tilt with personal debt, a mortgage and a car payment, you are just one step away from losing everything and moving into the trailer park down the road.

It’s hard to blame the average American for their own financial disasters. According to economic theory everyone has their own agency to make rational decisions. Was my friend’s dad irrational when he took on a ton of high interest consumer debt? In his mind, probably not. On a relative basis, maybe, as I would see piling on consumer debt as highly irrational.

We are trained at a young age to think like the herd. Do this. Complete that. Hand everything in on time. Become a yes man. We are not taught to think outside of the box. You need to fit in. Learn everything that everyone else is learning. The same standardized tests for every single person despite how different each and everyone of us is.

Going to college and getting a job is what makes someone successful in America. Don’t take risks and do what you are told. Personal finance is not taught in the public schools. Neither is entrepreneurship.

The traditional path to success out of school is not a path to wealth. You will never become a wealthy man if you have to work for money. The way to become wealthy is by planting money seeds early in life and letting them bloom into money trees. Diversify out of your 9-5. Learn how to make a buck on the internet. Then make another. Then make ten more. Then a hundred more.

There is a lot of power in becoming an entrepreneur. There is even more power in becoming an internet entrepreneur. The internet is a great equalizer and a powerful tool allowing anyone to create their own digital real estate. The internet has created thousands of new ways to build something and create wealth. An ever expanding digital realm where anything is possible.

I’m guessing over the next ten to fifteen years the internet will continue to revolutionize the way money is created and even better, the public school and job market.

Why would universities still be around in the future when everything can be taught and learned online? Why spend $50,000 to $100,000 when you can learn everything for free? Universities will slowly become the “join my real estate investing course for $10,000 to learn to buy cash flowing properties from day one.”

Even if you don’t want to make money on the internet there are a thousand of other things you can do to diversify out of your risky 9-5 with limited to zero startup capital. Take control of your destiny and diversify out of that 9-5.

Start small and start now. If you want to make $100,000 per year, all you need to do is find a way to make $273 bucks everyday. If you need $50,000 per year, just make $136 bucks per day.

When you make your first buck outside of a 9-5, you will find out how to make more. It then starts to snowball and your creative mind will get to work. Becoming an entrepreneur isn’t something we are born with. It is a practice. If you want to get good at doing pullups you need to practice. If you want to get good at making money, you need to put in the work.

Disclaimer: The publisher does not guarantee the accuracy or completeness of the information provided in this page.  All statements and expressions herein are the sole opinion of the author or paid advertiser.

Alpha Letter is a publisher of financial information, not an investment advisor.  We do not provide personalized or individualized investment advice or information that is tailored to the needs of any particular recipient.  

THE INFORMATION CONTAINED ON THIS WEBSITE IS NOT AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE, AND DOES NOT PURPORT TO BE AND DOES NOT EXPRESS ANY OPINION AS TO THE PRICE AT WHICH THE SECURITIES OF ANY COMPANY MAY TRADE AT ANY TIME.  THE INFORMATION AND OPINIONS PROVIDED HEREIN SHOULD NOT BE TAKEN AS SPECIFIC ADVICE ON THE MERITS OF ANY INVESTMENT DECISION.  INVESTORS SHOULD MAKE THEIR OWN INVESTIGATION AND DECISIONS REGARDING THE PROSPECTS OF ANY COMPANY DISCUSSED HEREIN BASED ON SUCH INVESTORS’ OWN REVIEW OF PUBLICLY AVAILABLE INFORMATION AND SHOULD NOT RELY ON THE INFORMATION CONTAINED HEREIN.

No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned.  

Any projections, market outlooks or estimates herein are forward looking statements and are inherently unreliable.  They are based upon certain assumptions and should not be construed to be indicative of the actual events that will occur.  Other events that were not taken into account may occur and may significantly affect the returns or performance of the securities discussed herein.  The information provided herein is based on matters as they exist as of the date of preparation and not as of any future date, and the publisher undertakes no obligation to correct, update or revise the information in this document or to otherwise provide any additional material.

The publisher, its affiliates, and clients of the a publisher or its affiliates may currently have long or short positions in the securities of the companies mentioned herein, or may have such a position in the future (and therefore may profit from fluctuations in the trading price of the securities).  To the extent such persons do have such positions, there is no guarantee that such persons will maintain such positions.

Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein.

By using the Site or any affiliated social media account, you are indicating your consent and agreement to this disclaimer and our terms of use. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile or any other means is illegal and punishable by law.

For Full Terms of Use Click HERE. For the Privacy Policy Click HERE.

alphaletter.co (“Alpha”) is a website owned and operated by Substack. Alpha is paid fees by the companies that make investment offerings on this website. Be aware that payment of these fees may put Alpha in a conflict of interest with the investor. By accessing this website or any page thereof, you agree to be bound by the Terms of Use and Privacy Policy, in effect at the time you access this website or any page thereof. The Terms of Use and Privacy Policy may be amended from time to time. Nothing on this website shall constitute an offer to sell, or a solicitation of an offer to buy or subscribe for, any securities to any person in any jurisdiction where such an offer or solicitation is against the law or to anyone to whom it is unlawful to make such offer or solicitation. Alpha is not an underwriter, broker-dealer, Title III crowdfunding portal or a valuation service and does not engage in any activities requiring any such registration. Alpha does not provide advice on investments or structure transactions. Offerings made under Regulation A under the U.S. Securities Act of 1933, as amended (the "Securities Act") are available to U.S. investors who are “accredited investors” as defined by Rule 501 of Regulation D under the Securities Act well as non-accredited investors, who are subject to certain investment limitations as set forth in Regulation A under the Securities Act. In order to invest in Regulation A offerings, investors may be asked to fill out a certification and provide necessary documentation as proof of your income and/or net worth to verify that you are qualified to invest in offerings posted on this website. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. Alpha does not verify the adequacy, accuracy or completeness of any information. Neither Alpha nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, valuations of securities or completeness of any information on this site or the use of information on this site. Neither Alpha nor any of its directors, officers, employees, representatives, affiliates or agents shall have any liability whatsoever arising from any error or incompleteness of fact, or lack of care in the preparation of, any of the materials posted on this website. Investing in securities, especially those issued by start-up companies, involves substantial risk. investors should be able to bear the loss of their entire investment and should make their own determination of whether or not to make any investment based on their own independent evaluation and analysis