Tyler Jorgenson

One Entrepreneur's Journey To Find Greatness

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Bliss

6 years ago my wife said yes to being my eternal bride. We were looking through old pictures from our dating days and I found this one that, to me, captures the essence of our love. I am a lucky man.

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Survival Guide

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Wall Street

I am pretty excited to check out what many consider to be the financial capital of the world.


Any last minute NYC tips for me?

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The ‘Bailout’

I received a few phone calls and emails this week inquiring about my view of the proposed bailout that President Bush is proposing. I saw this video on the blog The Mess That Greenspan Made.

There is a reason there are still a lot of Ron Paul supporters.

My company works with people every day to teach them to live within their means. We need to do that as a Country, live below our means.

The following text is from an email from the Ron Paul campaign. It makes this post longer than most, but is well worth reading.

Wednesday, September 24, 2008

Dear Friends,

Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike.

The events of the past week are no exception.

The bailout package that is about to be rammed down Congress’ throat is not just economically foolish. It is downright sinister. It makes a mockery of our Constitution, which our leaders should never again bother pretending is still in effect. It promises the American people a never-ending nightmare of ever-greater debt liabilities they will have to shoulder. Two weeks ago, financial analyst Jim Rogers said the bailout of Fannie Mae and Freddie Mac made America more communist than China! “This is welfare for the rich,” he said. “This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters.”

That describes the current bailout package to a T. And we’re being told it’s unavoidable.

The claim that the market caused all this is so staggeringly foolish that only politicians and the media could pretend to believe it. But that has become the conventional wisdom, with the desired result that those responsible for the credit bubble and its predictable consequences – predictable, that is, to those who understand sound, Austrian economics – are being let off the hook. The Federal Reserve System is actually positioning itself as the savior, rather than the culprit, in this mess!

• The Treasury Secretary is authorized to purchase up to $700 billion in mortgage-related assets at any one time. That means $700 billion is only the very beginning of what will hit us.

• Financial institutions are “designated as financial agents of the Government.” This is the New Deal to end all New Deals.

• Then there’s this: “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.” Translation: the Secretary can buy up whatever junk debt he wants to, burden the American people with it, and be subject to no one in the process.

There goes your country.

Even some so-called free-market economists are calling all this “sadly necessary.” Sad, yes. Necessary? Don’t make me laugh.

Our one-party system is complicit in yet another crime against the American people. The two major party candidates for president themselves initially indicated their strong support for bailouts of this kind – another example of the big choice we’re supposedly presented with this November: yes or yes. Now, with a backlash brewing, they’re not quite sure what their views are. A sad display, really.

Although the present bailout package is almost certainly not the end of the political atrocities we’ll witness in connection with the crisis, time is short. Congress may vote as soon as tomorrow. With a Rasmussen poll finding support for the bailout at an anemic seven percent, some members of Congress are afraid to vote for it. Call them! Let them hear from you! Tell them you will never vote for anyone who supports this atrocity.

The issue boils down to this: do we care about freedom? Do we care about responsibility and accountability? Do we care that our government and media have been bought and paid for? Do we care that average Americans are about to be looted in order to subsidize the fattest of cats on Wall Street and in government? Do we care?

When the chips are down, will we stand up and fight, even if it means standing up against every stripe of fashionable opinion in politics and the media?

Times like these have a way of telling us what kind of a people we are, and what kind of country we shall be.

In liberty,

Ron Paul

*This post wasn’t meant to be a ‘Pro Ron Paul’ post. It just turns out that he has a clear view of how to return our Nation to financial security and avoid socialism.

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Have you seen the Pyramids?

Gone skydiving? Traveled to Hong Kong? Been on Safari? Helped a stranger for the better?
My beautiful wife rented The Bucket List for us to watch. I’m not much for writing movie reviews, but all in all it was a good flick. It made me think a little bit about my life’s goals and aspirations. In the movie Morgan Freeman’s character has a nice family life (but a stale marriage), a modest job and a traditional home. Somehow he ends up sharing a hospital room with Jack Nicholson’s character (sorry about the Lakers in Game 4 Jack) who is an extremely wealthy man, but with no family ties to speak of. Both characters get to impart a bit of their views to the other through the movie and end up better people in the end.

The first thing I thought of was my amazing family. I have three ridiculously amazing children and a super star wife. If I were left desolate in a shack in Tulsa (the Paris of Oklahoma) but I had my family then life would be alright. The next thing I thought about is that I want to see some stuff while I’m on this earth. I’ve been lucky to chase giraffe in Africa and I am very grateful for my time there… but I want to see Machu Picchu, sing to my wife in Italy, tour the Holy Land and climb Kilimanjaro.

While I was in South Africa I read some words in Afrikaans that have stuck with me.

Gryp Die Dag


Many of you know it’s Latin counterpart, Carpe Diem. Both say the same thing so both are obviously good but Gryp Die Dag, said in a gluteral and milataristic voice full denotes expedient and forceful action. Carpe Diem is so much more poetic and light.

That being said, two questions to think about?

1. What is one thing you feel you MUST do before you kick the bucket?

2. What is the most rewarding thing you can do TODAY?

My thoughts after watching the movie are in line with Baird’s poem:

Time flies on wings of lightning;
We cannot call it back;

It comes, then passes forward
Along its onward track;
And if we are not mindful,
The chance will fade away;
For life is quick in passing.
‘Tis as a single day.

Life your life with a sense of determined urgency. Reap while the sun shines.

Entertain me and leave a comment with your answer to question #1. Maybe there’s a prize for whoever leaves a comment with the most original answer.

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Eastvale Lamborghini

And here I thought Eastvale wasn’t as affluent as other cities. I never saw one of these in Chino.

*sorry, it’s not mine.

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What Motivates You?


Pain or Pleasure?

A friend of mine has a great post about motivation. His friend is building a mansion in Santa Barbara as a speculative investment and is considering moving in rather than selling, even though the market is hot enough to sell, so that the mansion will motivate him to achieve greater goals. Deyl asked: Do you think there is anything wrong with a material thing like a house being a motivator to work hard and smart? He has received some great responses so far.

What I find interesting about choice is that all of our choices in life come down to our desire to gain pleasure and our need to avoid pain. Think about it. From the very simple decisions in our lives to the most complex those two factors are at the root of our the choice we make.

Example

Ask a woman why she spends hour(s) every morning applying makeup and doing her hair. The answers are likely to be either because doing so makes her feel pretty (pleasure) or because not doing so may garnish some ridicule (pain).

You can go through any choice and break it down to these two factors. When the light turns red you stop to avoid pain. Even if you are certain no cars are coming you don’t want the pain of having to pay for a ticket and the serious agony of sitting in traffic school. If you give to charity, what is your motivating factor? Is it because you want the pleasure of helping somebody? Do you not want the pain of higher taxes and want the pleasure of a nice write off?

Understanding these two principals is helping me understand what drives me and what influence the decisions I make. I am currently in the middle of a few real estate deals that are generating a bit of stress, but the idea of the payout and the pleasure it will bring motivates me to make the deals work.

Just because we are driven by pleasure and pain doesn’t make us bad people. If the things that we associate pleasure to are being able to contribute back to society then that’s a good thing. If you get pleasure from knowing that you are providing for your family, creating employment, promoting commerce, etc then building a nice house for you and your (6) kids is a great thing. Especially if it’s going to motivate you to take on more ventures that are likely to continue the cycle even more. So, Deyls’ friend, build on and love your home. Enjoy the pleasure that comes from the sense of accomplishment and knowing that you are living in something that you envisioned from a bare lot and a bunch of sticks.

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California’s Richest Men

A friend of mine from Junior High and High School recently blogged about how one of the characteristics of the ‘New Rich’ was that they put themselves in the flow of money. This got me thinking about the businessmen and women that I network with and if I needed to work on getting closer to greater ‘flow’. I googled ‘California’s Richest Men’ (nothing sexest ladies, I would gladly network with wealthy women as well) and found this gem of an article. Published in The New York Times on January 4th, 1891 the list of California’s richest men started with a staggering net worth $250,000! Topped off by the founder of Stanford at $50,000,000. If a net worth of $50,000,000 seems like a lot just remember that Tiger Woods will pull in over 100 million USD in 2007 from endorsements only. He could probably afford the 250 Million Dollar yacht in my last post.

In 1891 a net work of $250,000 got you on the list… what will it be in another 116 years? Maybe the trio of Benjamin’s folded in my money clip will do the trick.

Click on the picture to see the article.

So, hopefully it won’t take me over 100 years to climb the list. If you don’t see me for a while, I’m out putting myself in the flow of money.

p.s. Although many of my posts will be on the topic of wealth attainment I do not feel that money should be our main goal in life. The most important things in my life are my God and my Family. My purpose in seeking wealth at a young age is to buy me time with my loved ones and the freedom to serve my God around the world.

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