Unscripted: Life, Liberty, and the Pursuit of Entrepreneurship pdfdrive com

~ Charles Lamb, Writer

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THE UNSCRIPTED MONEY SYSTEM
A
fter my first book was released, many readers shockingly asked how a money
system works. How do I earn interest on my money? Where do I go; what do I
do? In fact, a friend of mine who consults high-net-worth business owners
reported a similar perplexity with his clients: They knew how to accumulate large
sums of cash, but they didn’t know what to do with it once they had it. A million
bucks is great. A million bucks sitting at Bank of America earning seventy-two
cents every month is not.
While the intricacies of an 
UNSCRIPTED
money system might seem
somewhat “cart before the horse,” I assure you, it isn’t. Once you pack the know-
how into turning money into a regular, recurring income stream, you’ll see the
big picture, fire your purpose, and be more motivated to make it happen. The
moment passive-income investments exceed your current and expected living
expenses, work becomes optional. And if you have no debt, mortgage, or car
payments, this figure is surprisingly obtainable, even for those who don’t want to
accumulate fortunes.
First, the disclaimer.
The following is my opinion and should be viewed as such. IT IS NOT to be
construed as financial, legal, tax, and/or any other professional advice. If you
seek official advice in any of these fields, please contact a “licensed qualified
professional,” someone who can sell you a boilerplate plan of 
SCRIPTED
hope-
and-pray. Sad that I had to disclaim this, but the truth is, in some fields, reading
textbooks and theory—not real-world results—qualifies someone to dispense
advice.
Speaking of such, last year, “Kyle,” a financial planner from one of my
brokerage houses, called me to introduce himself as a part of the “Private Client
Group”—a snooty name given to the folks who handle million-dollar-plus
accounts. After a few niceties, he levied the close: “So can we talk about putting
some of this money to work for you and growing it?” I found the question
somewhat whimsical.
First, what qualified Kyle to give advice on how to grow money? Textbooks
full of vacuum-packed theory based on the compound-interest scam? Or real-
world results symbolized by his own huge portfolio, compliments of the growth
advice he was about to dispense? Aside from a fancy degree from some fancy

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college, I suspect Kyle had zero real-world credentials about growing money.
You see, Kyle—and millions of other people like him—is probably broke and tied
to a job for life. He got up in the morning, fought traffic, answered to his boss,
grabbed lunch at Subway at a predetermined time, cashed a paycheck, went
home, went to bed, and will repeat this insanity for the rest of his life. And by
following his own advice, his retirement will be codependent on a slew of
uncontrollable variables: the economy, Wall Street, his health, and unpromised
time.
So…
…should Kyle be calling me, or should I be calling him?
Second, the large sum of money parked into this account got there NOT
because of Kyle’s proposed investments (namely mutual funds) but because of
Fastlane
entrepreneurship via (TUNEF). Handing it over to “grow it” would be
like replacing a printing press that printed dollars daily with one that printed
pennies yearly.
Growth? Sorry, you and I have that covered—it’s always a CENTS business.
Anyhow, my point here is not to deride Kyle. He simply doesn’t know any reality
other than what the 
SCRIPTED
machine has fed him. The bottom line? Think
rationally and cautiously about who is giving you advice, especially about money.
You never know if it’s a book-smart college graduate with thousands in student
debt who scored 
A
s on 
SCRIPTED
dogma but scored 
F
s in real-world results.

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