Coach Raphael Djine talks about why people stay broke and how to escape it. He emphasizes never quitting on your goals, learning from people who handle money like bankers do, and changing your strategy instead of abandoning what you want.
Chapters
Number 10, never quit until you achieve your goal. That's one on the road of money. A lot of people quit before the time. A lot of people quit. Never quit until you achieve your goal. So many people get in business, so many people want to start something, they work for 2 months, 3 months, man, I don't want to do anymore. It's too much problem. Of course, you're in the business of solving problem. It's new to you. You were not used to that kind of stuff. Now you are in. Don't quit. Sometimes people come in the coaching and then they say, man, coach, that's hard. Why are you asking me to— I'm doing so much. I'm doing so much. It's not easy to stay on the top. Remember the 20%. It's not the place. It's not the bottom line. When you climb, you have to stay up there. You have to have the muscle to stay up there. I share with people that it's easy, easy to make a million. It's easy to be rich, but it's hard to stay rich. That's why it's easy to earn money, but it's so hard to keep money. That's why some people, as soon as they have it, they run to the bank and give it to the bank. That's right. banker. And then breathe. Because they have nothing. They don't know what to do with the money. They violate this rule. And they wonder why they are broke again. They make a little money, run to the banker, give to the banker. Either put in a savings account or go buy liability. Go buy a little beat-down house. Because the banker say, if you buy, you can fix it and flip it And come on, why bankers are not flipping houses? I don't even hear bankers say, man, we're flipping, we're flipping a lot of houses this year. That's, those are the smartest guys. Why are bankers are not flipping houses? Present, why bankers are not flipping houses? Do you ever hear Bank of America say, this year we flip 2 million houses in America? No. Who's buying liability? No. Let's learn from the wise men. Banker have trillion dollar in the bank account, they must be doing something right. I learn from them, I do exactly what they are doing, and I'm sure I'll have the result too. If I see somebody that is losing money and I want to lose money, I just, I just follow them, right? Okay, what this guy is doing? Maybe every day he come to the office, walk a little bit, go gamble with the money, and the money is over. He come back to work and go gamble with the money. You can see the pattern. He's using money the wrong way, and then he lose money. So never quit until you achieve your goal. If you are 40 years old, Like me, I'm 43, by the way. You see, I'm 43 years old. I am where I am because I choose few things and I stick with it. I've been in a trucking business for 20, 21 years now. 21 years. I stick with it. Trust me, at the point I want to quit, I didn't have exit. It's like all doors locked. So, I mean, I just found myself in. But I learned that whatever I get in, when it get tough, I stick in it and just become tougher. When it get tough, I become tougher. When it get tough, I become tougher. Based on the amount of money you are commanding with your product, with your service, it's going to require more resilience. It's going to bring more stress. It's going to become— it requires more wisdom to solve the problem effectively. If I'm selling water on the street, it's easy, but I'm not going to make so much money with it. But if I want to solve a very complex problem, I must develop myself and I must stick in. Sometimes when I drive on the road and I see maybe they're trying to build something and people have been there for about 2 years, they have been digging things, doing things. I'm like, what these guys are doing? They stick there for about 2 years and later on you come and see something so beautiful. They have a goal and they didn't quit. Some of your problem is just that you quit so early. When it gets tough, you abandon. You had a goal, but when it gets tough, you drop it. It's not your goal anymore. Like, man, I'm out of there. Because you didn't see the way forward. Maybe, you know, some obstacle, something you didn't anticipate. It came and hit you, bam, and you like, no, you dropped the towel. Rule number 10, never quit until you achieve your goal. It doesn't matter what it is, you must achieve the goal. You must change your strategy, but you must achieve the goal. You must press on and you must push it forward. If you get up in the morning and say, I want to go, go to the next town, and it starts raining, And you walk back inside, you are a loser. Winners don't operate that way. We were taught that when there's obstacle, we back out. That's why you are broke. Obstacle is the way. If you— I'm going to the next town. If I miss the bus, I find a bicycle, or I find a taxi, or I find a boat, or I start walking. But whatever I do, I must press on. If it's raining so hard, I find something to cover myself or I change clothes. But I must press on. Maybe your problem is not the rain. If I run out of resources, I find other resources. That's why you are resourceful. But whatever you do, Change a strategy, pivot it, but never, ever, ever abandon the goal. Never give up until you achieve your goal. You always have money. All right, have a blessed day, and then I'll talk to you tomorrow.
