Showing posts with label publishing. Show all posts
Showing posts with label publishing. Show all posts

Saturday, November 3, 2018

When have you been ruthless in business and how? Answered by Kyle Phoenix


Newspaper Route & Comic Books, Literary Society and The Test Dinner Party and Corporate Drama

Newspaper Route & Comic Books
At 6 years old, I needed cash. I was fiending for it. I had a comic book/action figure Jones and my measly allowance, washing dishes and sweeping and taking out the garbage, that bullshit wasn’t working out.

I went to my mother and stepfather and explained that something had to change in this set up or I’d make their lives hell. My mother was like well, get a job or more appropriate t, start a business. I went back to my round king sized bed and contemplated what i could do on Staten Island, a business.
Once I’d gotten past drug dealer, abortion doctor and assassin I came back to her with newspapers. I could sell the Sunday newspaper to the neighbors in our building. Just like I brought her the paper in the morning and did the same for a neighbor, I could knock on doors and ask if they wanted to buy it for a slight mark up. 50%. I was young, I was cute, I could pull it off. But I needed a loan, a huge loan to get me started—-and the shopping cart. And an alarm clock. Ok, a huge loan, the shopping cart, an alarm clock and maybe a nice breakfast to get me started at 6am. And hugs, plenty of supportive hugs.

My mother wrote up a contract to loan me $5 with repayment terms that I was to pull from my profits. I was also given the rule of knock/ring the door, place the shopping cart before me and the door, never go inside.

I signed. She spotted me $5 and that Sunday I bought a wad of papers and started my invented route. I was sold out in 30 minutes. I took the profits and went and bought another round of papers and sold out of those in 30 minutes. I went and did a third time. By the time I got home that first morning, I gave back the bank—-my mother her $5 and had funding cash plus profits for the Jones I was feeding. For months I was up at the crack of dawn, knocking on doors, selling more and more papers. More profits meant I could buy more at a time—10, 20, 40 papers at a time so I could do one good trip, one good round and go back home.

My babysitter’s niece and nephew lived in the buildings up the block. They wanted to know if I would teach them, hire them. I did. I broke off some of my papers, they sold them and I paid them for every batch they sold, different than the 50% price we were reselling for. I pointed out, the more of your profit you pour back in, the more papers I can front you, the more you’ll make. I was acting as the bank, as my mother had, but they never worked multiple waves to build up their profit cache, they worked like one or two.

Then the niece, let’s call her Agnes—-Agnes says I should split the TOTAL Sunday profits 3 ways. Agnes was older and taller than me. I told her to take a deep breath and think this through. Careful, bitch, careful.
Agnes, rather threateningly loomed over me that she could just take it away. Her bother, Johnny, my age, agreed. Agnes added that unless I agreed to a 1/3 split, she and Johnny would just go buy papers themselves and sell in their buildings and not use me as a bank nor cut me into the profits (they were technically franchisees.)
I asked was she sure? Agnes haughtily said yes. Johnny yelled yes. I politely told them they were both fired and walked away.
I went home and explained this to my mother who explained that I’d done the right business thing but babysitting time might get dicey.

I went and we played and laughed that whole week and then Sunday came. I continued my route, I assumed they continued in their buildings. This went on for a few weeks until their aunt approached my mother, Agnes and Johnny had no funding capital and I’d told them they were fired. My mother explained what had happened. They were employees (at best franchisees) and had jumped out of pocket. I was the sole owner of my business, it was up to me.

I smiled politely and continued my business. I fired my first employees at 7, that still gives me a special tickle to my heart when I think about it. Agnes and Johnny, having taken on the position of employees (at best franchisees) misunderstood that they held the least power in the relationship, particularly with no financial backing. I could cut them out, fire them, wait them out, take them back or do nothing. That’s the power of being the owner.
We moved.


Comic Books and Copyright
A few years later I’m in Middle School. Again I need cash. I would visit my mother at her job at AT&T and we’d meet my stepfather and go to dinner. I would sit at a desk coloring or reading comics or doing my homework or making photocopies.
I got a brilliant idea. I would enlarge panels and make posters of comic books.
I went back to school and told all the comic geeks—-what posters do you want? 25, 50 cents, $1, $2 specialty color orders. I was doing weekly deliveries in a month, collecting cash and breaking all copyright laws.
Then we started playing role playing games but everyone wanted the game rules, campaign books—-I started copying the campaign books. I’d buy them for $6, photocopy and sell for $3,
Then I was like, we have so many original ideas. I actually came up with the Vision being merged into the Hulk!

What if we created our own comic books? Our own comic book company? Published and sold them around the country?
How to recruit? What would be the membership charge monthly?
Comic fans would send in letters to a comic and they’d be printed on the last page—-I copied them down—-on my Commodore 128 typed up intro letters and a membership form and for a measly $25 you could join!
I used the proceeds from one venture to create the other and got dozens of members. My best friend was the VP. Then he moved to Long Island. Then he got lazy. Then I fired him. By now my mother was used to explaining to parents that if their children didn’t hold up to the bargain, implied contracts, occasionally written contracts I’d created, they could be fired. Yes, she acknowledged, her son was a bit ruthless.

I learned a lot from The Wealth Choice: Success Secrets of Black Millionaires.


Literary Society and The 48 Laws of Power at A Dinner Party

Fast forward to college. The comic book amateur company had run it’s course after about 5 years. I was just writing/being a student, looking for the next opportunity. I get to undergrad SUNY, I start writing for the newspaper, the magazine, the Literature chapbooks, the graduate chapbooks. I’m on a tear. Mainly because I have a sense of my work as product and not writer angst. So I make deals with editors—-for instance the school magazine published 16 times a semester—-if they would give me three cover story slots—-I would do them, deliver, but I needed a column, ten short story slots. To the Editor in Chief it was a dream come true—-he had guaranteed content from me.

The Lit Society asked me to become an Editor and hinted, the mostly female group that had started it that in a couple of years they’d all be graduating so I could be in line to be the Lit Society Club President and Editor in Chief.

Hmmm. I’d now progressed in my entrepreneurial thoughts to OPM in business—-Other People’s Money—-using the capital of others—-namely SUNY—-and I’d long thought the University's money would be an excellent resource to experiment with.

I turn to the newspaper and I’m dropping stories to them and to the magazine and the yearly Lit Society chapbook—-there were some grumbles and upset—-back then I didn’t think it was racial or jealousy or a combination of both—-now looking back, the lack of Black students writing for the publications—-I actually pulled a friend in so there would be two of us at the magazine and newspaper —-was a factor that I was too young to completely codify. Also jealousy—-I had a huge output—-I’d started going through the Writer’s Market book and sending out 20–50 manuscripts/stories/poems a month.

(I have a blind spot about jealousy because I’m an only child so I’ve never had envious situations. I’ve also been mainly en-cultured with adults so I’ve always operated at an adult level—-applying an adult level of production, perfectionism, interest and strategy to things that younger people generally learn not find immediately natural.)

Year 3 comes around and the old guard that had started the Lit Society Club and published the chapbook are all in their Senior years and leaving within a semester or so. By the Student Government laws (we’re in April) we have to vote in a new cabinet. I’ve dutifully been an Editor for two years. There was a bit of a feminist slant to the Board, it had been created by young White women and it’s primary supporters on faculty were White female professors. I noted this but didn’t think it would be an issue as I was friends with everyone. I often forget I’m Black. And male. And tall. Call it past lives as a woman haze.

My mother though she’s chatting me up about my work, school, extra curricula moves and we’re discussing her entrepreneurial businesses and then my interest in the magazine or the Lit Society—-becoming EIC or President & EIC.

We decide that the Lit Society is where I should start first, to experiment with OPM and publishing before taking over the magazine—-and the chapbook has more freedom than the magazine.

Now there’s a 1 credit 15 slot management responsibility that comes with anyone who signs up for credit. It’s a lot but I’ve been TAing for three years by then for several professors, in fact I’m the only undergraduate TA in the history of SUNY. Normally you have to be a graduate student but since I’m 3 years older than most Freshman and have extensive work experience, I’ve been granted the position and I’m also getting a paycheck for it, eventually totaling as high as a grad student’s. Again, I’m obtuse that these might be extraneous issues to my running for President.

My mother is like race, gender, sexual orientation, your TA position, the credits, it’s all going to come up and it’s going to get ugly. Here’s what you have to do:
  • First she sends me a certificate of accomplishment, naming me as President and EIC, three months before the election. She tells me to hang it up in my apartment, to focus and visualize it coming to pass.
  • Then she’s like, make a list of everyone involved and notations about each one of them, what you know, grudges, who they like and dislike—-files on everyone.
  • Then she’s like you need leverage—-it’s essentially a popularity contest—-due to race and maleness and spite, I’m not going to win just based on capability, I have to stack the deck.
All elections take place on say the 2nd Friday of April. But by the 1st Friday of April all school clubs have to have spent up their entire budget for the year (anywhere from $500 to $10,000) or have it committed in signage/promissory notes for the SUNY office to pay (say you order jackets for your club for graduation—-the check might not need to be cut until the last week of April for the jackets to be made and delivered by the 2nd week of May but the money must be spoken for).

Now the chapbook had been paid for once a semester, it cost $1000 to print several hundred copies but the budget of the Lit Society was always about $250 a semester—-they had to beg these professors to write checks—normally their supporting White female teachers.

I explain all these machinations to my mother and she’s like that’s where you have leverage. We talk about all the people I know, and because I’m a TA, I know students from all class levels and lots of groups that they belong to. Go to those clubs, the last week, when everyone HAS to get their budget to zero or the SUNY review assumes they gave them too much money and lessens their new year budget. Catch them a few days before the deadline and clubs will sign off on giving you thousands of dollars.

Which is what I do. Now I have a stack of signed promissory notes for thousands of dollars for the coming year, more than the Lit Society has ever raised before—-the LGBT club, The Black Student Association, Fraternities, Latin Association, the Chess Club!
But I tell the clubs that the Board meeting/election is happening early, the Thursday before the deadline, if I don’t become President—-I’ll tear up all the promissory notes but I’ll redirect all the monies to other clubs I work with.
Deal.

The Lit Board meeting begins—-a guy who was desperately trying to seduce me warns that not everyone likes me. he was White, I should’ve known, ready to roll over and die—-no spine……glad I never let him touch me.
The President, let’s call her Chastity, suggests something that in 5 years has never happened, after everyone announces their interest in positions. (I’d locked up the other positions—Closet Guy for VP, a young lady for Treasurer and another guy for Secretary—-it will be a new clean Board to start off with.)
Chastity says she'll stay President for another semester, though technically she’s graduating in May, and then I can become President in January of the following year. For January to April. I ask if in the 5 years of the Lit Society existing has this ever happened or been done before? They all admit no.

Then out of left field, a girl we shall call Jane jumps out at me that I need to be quiet and stay in place and not forget they started this and they’ll structure it as they will, even as they leave. (Amazingly, completely justifying some social experiment, Jane had been the nicest to me over the years and I’d never seen her so…venomous. Most tellingly, no one came to my defense.)

I politely look over my left shoulder, then my right shoulder. There’s a room full, maybe 25 people and I ask her: “Who the fuck do you think you’re talking to in that tone?”
Then I rip her a new one, sideways, in Latin, with a double axle twist.

Five minutes later when I’m done with her, she actually ran out of the room crying.

I turn to the rest of them and I say:
  • I’ve put in the years as an Editor, supporter, etc,
  • I have more than enough experience, in fact I’m more qualified than them to run the credit granting aspect
  • and over qualified than any of them to manage a business and I will not settle for a halfsies Presidency.
  • Oh, and I have thousands of dollars , I slap the promissory letters on the conference room table, that are attached to me as President. The letters are commitments to me. I’ll take them/the cash, thousands of dollars to another club. And they, whomever is left from this shit show can beg yet another year for crumbs and crackers.
  • And, as you can see, I don’t take shit from anyone. I’ll shoot a kitten in the face if it comes at me the wrong way.

Chastity says they have to vote now.

We cast our ballots and step into the hallway where a couple of people tell me I went too far cutting Jane a new one, she’s one of the original members/creators, I poisoned the waters. I reply that I’ll be a strong president and strength doesn’t take shit from anyone, no one, no matter position I have or don’t, gets to disrespect me like that.

A true leader must be a balance of compassion and ruthlessness so that you are capable of both helping and protecting those around you; if they saw me kowtow to her they would know that one, I was weak and two, I couldn’t protect them when the time might come.

(Three, bitch had it coming. If you can’t ride, don’t get on the horse. My mother was calling from her house in teh mountains but also from our apartment in Brooklyn. G’wan, blood clot with the bullshit. Don’t bring none, won’t be none! We don’t play that kind of mouth-smack in Crooklyn. She lucky I wasn’t a girl like her, might have tied up my dreds and gone across the table……..)

The Vote Is In
We go back in.
By an overwhelming vote, I’m voted in as President and EIC.
I warmly thank everyone.
They ask me my plans—-I open my leather portfolio—-because I’d been able to talk to the VP, Treasurer and Secretary candidates, they are the ones I wanted and I have some ideas……
  • One, we won’t be dependent on begging professors to pay printing bills, I’ve covered that with the money my name has obtained.
  • Two, I’m going to change the printing schedule and size of the chapbook. I have some bigger marketing ideas for the singular rather than two chapbooks we’ll produce.
  • Three, we’re going to hold more events—-poetry readings and such.
  • Four, I’ve got some other professors on-board who’ve wanted to be involved for years but it was a little too heavily feminist for their tastes—-we’re going to democratize and expand to include all colors and orientations.
  • Five, but first I want to personally thank everyone with a gift to them all.
Out of my portfolio I pull out the next stage in my mothers plan—-beautifully printed invitations for a dinner party in 2 weeks at my house with a full banquet meal prepared by me.

“For all of the hard work you’ve all done over the years, I want to given the graduating, exiting Board/creators a grand send off. And for everyone else, rather than just the cookies and soda one time event, I want to give them all a beautiful dinner for all of their hard work and commitment.”

Did I mention my mother was a psychology major at Baruch?

Scene shifts to my rushing upstairs to the office, calling her long distance, we did it! She asks did I hand out the invitations? I say yes. I’m putting in the voucher now for the food from Wegman’s. (Yes, my first official act was to pay for all of this with OPM. I’m no fool.)

Now the design of the dinner party is simple, a psychologically ruthless trap she’s devised. Everyone who has honestly worked hard will attend the party, those who haven’t, subconsciously, they won’t be able to. I’m like—-nah, old woman, you’re crazy, that will never work.
Two weeks later—-I’ve prepared a feast, enough food for 40 people.

Slowly people start milling in. None of the old Board arrives—-except for Jane who has apologized for her attack. And honestly, she had worked tirelessly on the whole club. All of my Board shows up. Plus the new people I’ve brought in. But only Jane and another young lady of the old guard. Interesting.

By the end of the evening, my mother’s ploy had proven who were the hard workers, the loyalists, the malcontents.

I went on to really experiment with the club, throwing galas at the Art Gallery—-a beautiful glass four story design; shifting the chapbook to free for SUNY folk but expanding it to being for sale through bookstores throughout the city to generate revenue back in to pay for the future expenses and getting more monies in from clubs who now feel included in the chapbook, etc..
The Treasurer had to go to Australia for an internship, but still needed the 2 credits, could we work something out? Sure. We agreed that I could sign off as the President and as the Treasurer and she got her credits. The VP was a fool who I never pressured to come in to meetings, just gave him his credit to get rid of his uselessness, but I held his vote/power; the same for the Secretary. Benevolent dictatorship.

In Sum….
What I learned was the machinations of power, leverage, ruthlessness and OPM and the psychology of power. To her credit, my mother predicted a lot of their actions and reactions and helped solidify what my strengths were and paying attention to my blind spots. Her own entrepreneurial and management strengths were focused through me as a learning lens. I doubted her tactics but her strategy was sound.


Frankly, they (from childhood to college…I haven’t even told my corporate intrigue tales of ruthlessness) never had a chance.

When I reflect upon it, it was like she was a puppet master and orchestrating how I could get into power.

Secondly, when I got a copy of the 48 Laws of Power, it was like old hat. Between her and my father, they had taught me so many tactics—-the velvet gloved claw—-to plan several steps ahead—-to not tolerate public attack—-to be magnanimous (I accepted Jane’s apology—-I never forgot her attack though and made sure that I quietly but succinctly eliminated her from contact, control, influence…with a smile and often asked her “advice”. She’s gone on to be a published author and teacher—-I also keep an eye on people through social media.)

Once, years later, I used similar tactics, and I shifted an entire national organization through deft moves, for the better, I hope. I think of ruthlessness as neutral, like capitalism. There are times when emotion has to be put aside, when there is a greater good or just a greater prize to be had.
I’m a good person, I’m not a nice person.

There are times though when I’m oblivious to discrimination by gender, sex, sexual orientation and I’ve had to quickly surmise and act to offset attack, smeared reputation, exit myself from insane professional situations…and make it look like fate, chance, the other person’s idea.
Have I hurt people?

I suppose so. I am a force in life, I expect that I’ve hurt people that I’m both aware of and not aware of. There were some that was darkly intentional and others that were unintentional.
But here’s where I differ in two respects—-I take full responsibility for my actions and I always tell adversaries to their face what I will do, have done. I don’t play passive aggressive games, I don’t pretend, I don’t shrug innocently.
I look you dead ass in the face and say,
“Yeah, I fucking did it to you. Merry Christmas. Smooches.”


Smile, Kyle
KylePhoenixShow@Gmail.com
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#TheKylePhoenixShow



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Tuesday, October 30, 2018

How has your writing improved over the past 5 years? Kyle Phoenix Answers







Kyle Phoenix
Kyle Phoenix, Writer and student & Instructor at Columbia University

I started publishing work again and there’s been an explosion. There’s a whole theory about work and 10,000 hours—-4–10 years. That it takes 10k to gain mastery but then what happens? That younger people make greater breakthroughs in math and music because the rules are static and the possibilities limitless so they get to (1) experiment immediately. Literature, painting and such takes more time because not only must you gain a level of (1) mastery over the tools (10,000 hours) but also the (2) domain ((reading other writers) potentially another 10k hours of reading/study) and through (3) deliberate practice receive (4) high level feedback (advanced teachers, adv. writers, editors and mass audiences) on one’s work. Getting all four points and digesting it and forming one’s talent productively is the overall challenge.
( I teach, so I work a lot on how to advance people/accelerate through actions-neuroscience)
Gardner and Greene and others then talk about sort of your churning phase—-when you’re mixing your 20k of writing and reading. The biggest exception to this has been Dylan Thomas who did a lot, quite well and died. The thought is the domain was not as advanced for his avant gardeness. Now we’re at a disadvantage because there’s a multi-thousand chat area called Quora with writers galore, publishers, editors, self published, etc., etc. But has the field of true writing really exploded or is it just fat bottomed….and to what outcome?
My first ten years of writing started as stick figure comic books.
Then I started a journal when my parents had the most explosive divorce in history. He actually hit my mother with a car—-on accident—-on purpose—-on accident——no, wait for it, she sued the rental company the car was from and got a couple of million dollars from it.
I started writing tawdry soap opera-esque/Jackie Collins tangled smut fests.
Then I started writing comic scripts, started an amateur comic company and took creative writing classes in high school where I wrote half a dozen full manuscripts, a screenplay, directed it.
By college, I was accomplished at the tools, 1st person, 2nd, 3rd. And got into classes and with mentors for feedback. I count that as my entrance into my 2nd 10 year/10k phase. The second phase you flounder or fly based on the domain and your commitment or distraction from it. I went halvesies. Throughout college I was published all over the country and pushed to a publisher.
In the 2nd phase I spent a lot of disposable income on books. I’d had maybe 1000 beforehand and maybe 20k in comics, I quadrupled this in just massive intake and purchasing.
So now I’m in the third arc which is Output, if you get to this point which is why most people don’t get past 1 & 2, it takes a lot to just focus on this. I don’t have children yet. Haven’t been married. I’ve been able to at will dedicate the past 20 years to the daemon of writing.
Supposedly we don’t see many “greats” because of the human lifespan. The next phase is when you produce output and receive audience feedback on a mass scale. That success leads to two possible phases (Gardner and Greene looked particularly at musicians) you either keep strumming the same tunes because it sells or you go in different directions. James Patterson and Stephen King——are they really different in idea or avant garde to their own work in form after5, 10, 15 years—-success is it’s own trap because no one wants your wild idea about intelligent goldfish, they want another Carrie or Cujo.
Supposedly it then takes 10 years to work your way through your first “success phase” however much success that is for you and I. But imagine 20–30 years and you might get “stuck” there. There will be new stuff but it won’t be different. Because you need another 10 years to change—-Gardner lists Voltaire as one of the few writers to do this because then you need another 10–20 years to hit your 2nd creative output phase. Conceivably your 60s to 70s depending on when you got started.
The theory is that with time and time investment we could all get to very good and great but that the human lifespan is too short and our desire to change too opposed by success.
I know uplifting and depressing right?
So I see that I have maybe 4 more years of this massive output phase in pure writing (about 1–3 million words a year) and then I’ll have to go to another domain (film, music, I’m thinking to recharge and spend another 10 years learning that before I can look at creating anew.
I think these first 500 books (educational, fiction, non-fiction) must get out of my way for me to discover what my talents are, what I can create. I know that sounds insane but I think I’ll get to my next phase in my 50s/60s and then create my best work. These first 500 are my first 30 years, I’m at year 20–22ish depending on how I count from 11 or so. I think of the 500, maybe 0% will be “good” and maybe 10% of that really transcendent—-here’s the wild part—-even as I write I have no idea which ones are the good ones. Yet.

www.kylephoenix.com

Smile, Kyle
KylePhoenixShow@Gmail.com
#KylePhoenix
#TheKylePhoenixShow
Kyle Phoenix Answers


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Monday, October 29, 2018

What's a good way to balance writing multiple scripts/books at the same time? Answered by Kyle Phoenix

Kyle Phoenix
Kyle Phoenix, Writer and student & Instructor at Columbia University




I work on multiple manuscripts at a time, 12 drafts for most so a dozen are constantly in varying stages. Layout, research, the characters just ain't talking to me for that tale. I leave things to percolate and shift attention to another.
I think of writing itself as the super power I'm honing and each piece or project as my efforts in that form. Some thriller, some drama, some nonfiction, some educational, some articles. It's not the final product that varies it's how I'm using my super power in that form that manifests in variation.
I say the above so that you measure your work against other pieces for variation. You want yes a distinct voice but you want range, breadth and hundreds of songs that you have created that example constant improvements and innovation. The trap is whether your writer’s Voice becomes solely identifiable based on your apparent abilities.



www.kylephoenix.com

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KylePhoenixShow@Gmail.com
#KylePhoenix
Kyle Phoenix Answers



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Tuesday, March 6, 2018

Kyle Phoenix Answers: What have writers learned about writing, publishing, or marketing that you wish you knew when you started?

Saturday, January 11, 2014

I Know What Money Is, My Financial Education, Part 2 by Kyle Phoenix


The most money I've ever made in a week was about $26,000.  Previous to that it had been about $12,000 in 4 hours.  Before I was 21 the best I'd done was about $1,000 in a week.  These three examples come from three different systems, two of them choices and one a non-choice.

The first, the $26K was from entrepreneurial effort and opening a bookstore online.  I'd been muddling over what to do to not only earn more money but to do something else besides just working at a job and I circled back around to the thousands of books surrounding me in my living room.  In the fall I'd been to a Rich Dad, Robert Kiyosaki workshop, gotten inspired and hunkered down to try out my newest entrepreneurial venture.  Eight months later $26, 000 was in my bank account and another $14,000 rolled in in the following weeks.


The second, $12,000 came from following Kiyosaki's advice and taking control of my taxes.  I took the H&R Block Tax class, to understand my taxes in 1998.  I focused diligently in class,only missing two I think---but I was there like a fire cracker for the entrepreneurial section.  I passed the class with the knowledge and never became a tax preparer because honestly I figured out whatever their payment structure was, I could make more focusing elsewhere.  About 3 years later with diligent care and attention to my expenditures and budget, slowly maturing a small business and keeping impeccable records I sat down at H&R Block and mapped out my taxes like a boss and impressed the hell out of my former teachers....and got back $12,000 that year.  Technically, I guess I was right, I'd used the class to make more than possible sitting their doing people's taxes and the subsequent years have been equally well managed.

The $1,000 comes from a job I had as a sales associate at A&S Department store in Manhattan, NY.  We were on commission plus $7 an hour, 8% of every sale I believe.  I was hired in August and by December was rocking a great check from selling literally any and everything in that store.


My personal financial education has been choppy because as much as I understand money and finance and investments and have been schooled (tax prep, financial planning, MBA, and years working as a financial analyst and securities paralegal) my relationship to money took time.  We're still negotiating our relationship, truth be told.  The reason for our discord is because I had to learn so much of this on my own even though my mother had some of the same skills and large chunks of money.  Since I was a child I remember one of her side hustles was doing taxes and then she started several small businesses, including a modeling agency.  Eventually she was depositing checks for $600,000 and I had the honor of actually being with her in a car dealership when she reached into her bra and whipped out a roll of cash to buy a car straight off of the dealership floor.  At 21, I bowed my head, groaning inwardly.

However, now, looking at my cousins, I see that she and my father(s) provided a level of advanced education within my family that has allowed me to do the above three financial leaps.  While sitting in that dealership, my mother and I also owned the co-op that we'd lived in---the reason why I didn't get to college until that $600k check was deposited was that my mother was laid off by AT&T after 17 years; she took the lump sum payout, budgeted tightly and informed me that if I left for college at 18, we'd lose the co-op.  But if I worked full time, contributed to the mortgage and household bills, it would give her time to build up her business and then I'd be able to go.  Pretty much that's how it worked out within about 18 months.  I had faith in my mother's business acumen because she'd been always doing stuff on the side---selling leather skirts and jackets at AT&T, as side hustle; starting a catering business (once even paying me to cook for 75 people she'd been commissioned by---yeah, I have cooking skills like that); being a tax preparer; joining a multi-level marketing company, Undercover wear, selling women's lingerie then broadening that to her own line and a modeling agency.  At 14, for my birthday, my mother gave me a tax ID number for my small nation publishing business.  Entrepreneurship is just a fact of life within us, I suppose.


But my mother, now on her third owned house, having rented others out, has owned property and started a business, only my uncle and a one cousin, so far having owned a singular house each.  No one but myself in my family of say 100 people has started a micro-sustainable business except for her and I.  I say micro-sustainable because the true test of a business is being able to go away for a year and it continues along fine or does better---I'm not quite there yet....but I'm closing in on it.  Therefore owning property has become an important thread in my life for me and in my mother's egging of me. She often throws up her hands in confused exasperation as I focus time and money at education, going to school, instead of buying a house---somewhere, anywhere----but it will come in due time.  The fact that a house is not an asset but a liability, because it's the bank's asset and your financial liability, another Kiyosaki lesson, is mainly my reticence...though I believe in and am working on renting out properties that one owns.

However as an advancement to her point of ownership, I've expanded my financial education by a factor of 3 to her own and have been able to do things on a worldwide scale that she hasn't.  She respects outcomes, especially to money, so she likes what I'm doing in multimedia and publishing so far, seeing the long range outcomes and potentiality.

My mother's financial industriousness inspired me to learn about money, even though I don't exactly have a deep emotional connection to it---I often think when I've been in relationships or looking for someone, that level of monetary acquisition acumen is something I find attractive.  I know what to do with money, but I don't care about it, I need someone who cares.  One of the things I honestly measure a man or a woman by for friendship or more, is their financial acumen and entrepreneurial skills/ability.  I have found being with people who identify themselves as employees isn't for me.


I'm starting to close in though, this being my second or third entrepreneurial effort and foray into publishing, depending on how I calculate time and projects.  The internet having been a huge boon as it suits my technical skills.  I have found though that the more I learn, the more I experiment with, the more mini-successes I have, honestly the more money I make---the faster my circle of compatriots changes.  Don't get me wrong, I know lots of people of color scrambling and desirous of money but I know only a few with some technical skills, willingness to talk about it, willingness to teach me a thing or two.  Sadly, I know more White people who fall into these categories, mainly because historically White people have more experience with money and ownership, 14 generations since they arrived here, to people of color's 3-4 generations, since we've been legally allowed to own property and business interests.  And if you follow my family's mathematical breakdown, there are about 5 people for every 100 in every Black/Latino family with middle class and higher financial education.  So that works out roughly to about 5 million of us---spread amongst about 400 million people in the total population in the Western hemisphere.

My children will have the equivalent of an MBA by the time they're 18.  Teaching them about money, the currency humans must use in whatever form and how to not just work for it but create it strikes me as the only sensible thing to do as a parent.  It doesn't escape me that I've earned from a business 26x more in a week than I ever have as someone's employee.  The problem in the gap between being an employee and an owner is time and discomfort.  You must be willing to be poor, voluntarily for awhile, in order to rocket ahead of others eventually.  That's the hard part, especially when you like learning like I do, so have plenty of skills.  But I have always maintained, since 14, I suppose, that I am Kyle, Inc. in partnership with Manpower, Citigroup, Metlife, CB Richard Ellis, Columbia University, etc..  It's never been a subservient relationship and while I don't think that makes me a better long term employee, I'm generally a better worker because we have a work ethic and code here at Kyle, Inc..

Money, therefore to me, is ownership of self, control and a level of fun and creativity.  I was raised on a differing diet of money so it's hard for me to be deeply concerned about the financial aspect of say, the minimum wage though I'm deeply concerned about the social and racial implications of it.  I see money differently, when you create it, not just work for it, you tend to.

Just recently I was browsing around Netflix and watched a documentary about Wal-Mart and it's influence on the small towns that it goes into.  I've read the biography of Sam Walton, the founder and lots of business analyses of it, so I have a deeper understanding of why Wal-Mart is so successful.  I mentioned to my father about watching this movie, he's a big customer of Wal-Mart---our biggest disagreement being my pointing out that driving to Wal-Mart to get cheaper prices, when one can walk up the block to the supermarket, means that ultimately, totaling in gas, you're spending more for Wal-Mart....but I digress.  I explained the premise of the film to him and how I was concerned that the small businesses being put out of business and Wal-Mart's business practices were at loggerheads but no one was turning that powerful judgment and microscope to the real culprit: the customers.

If Wal-Mart comes to your town, and say you've owned a business for a couple of generations and when they get there it tanks your business---it's not Wal-Mart's fault.  It's your neighbors, people like my father, who go out of their way to go there because, and he does this too, they can never just buy one item there---it becomes an adventure in consumerism.


One of the first business lessons, having moved away from...illegal pharmaceutical businesses before I was a teenager that my parents taught me, was that the money for a drug dealer isn't in the product, it's in the comeback.  That if the customer keeps returning, that's how you make real money.  Being the controller of the source and putting as few payees between you and the customer.  Most people don't realize that's why they're paid so little, why things are so expensive, why they're not getting ahead in a job---there's a lot of hands involved before your paycheck.  They also taught me to not do drugs for this reason....and then they added oh, yeah and umm....don't sell them either.  (Actually funny side note, that's one of the reasons why in spite of financial issues my mother was committed that I go to college---she knew that my entrepreneurial interests and acumen, left to the streets would amount to something else.  She said that if she ever got a call from the police, her first question would be what was the charge.  That I had the capability to be the controller of a distribution network, not a stick up man.)

My baby multimedia empire is spreading nicely, I keep adding pieces to it, improving aspects, following other companies---much larger one's models---learning how to construct businesses that suit my identity, my ideology, my desires, my feelings for what money is and isn't.  I've still got some time and next phases in projects before I'm "happy" with my accomplishments.  I used to direct and produce small films and one long form one in high school/college---I have long range plans to do some audio/music work, radio work, audiobooks, online classrooms, scripted TV work and movie work off of some scripts and stuff....and stuff...and more stuff.

 

My financial education is always around ownership and partnership, never employment because I know what money is.

Thank you for reading and if you liked this check out the other blogs or one my books on Amazon.com
Kyle Phoenix
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