Well, Louis, when he said he didn't have the money, perhaps he was thinking that his family, their shelter, and their food needs competed with the repayment. Did he offer a substantial partial repayment ?
--- In FairfieldLife@yahoogroups.com, Louis McKenzie <[EMAIL PROTECTED]> wrote: > > this is a good technique as long as the person has the money by the time the > check is deposited. Once I did that with a guy and he got money but did not pay. We called the bank verified the money was there and took it. He kept saying he did not have money. > > --- On Mon, 8/25/08, mainstream20016 <[EMAIL PROTECTED]> wrote: > From: mainstream20016 <[EMAIL PROTECTED]> > Subject: [FairfieldLife] Re: commitment belief trust and adveristy > To: FairfieldLife@yahoogroups.com > Date: Monday, August 25, 2008, 12:24 PM > > There's a technique to lending money that works really well to increase the > odds of getting > repaid. When a person approaches you and asks to borrow, he is usually very > upbeat, and > cooperative with the terms, and the ' lender ' at that point has > maximum leverage. > As the potential lender, Ask the following questions: How much money do you > need to > borrow ? When do you need the money ? When can you repay ? > > After the borrower answers those three questions, the lender the directs the > borrower to > write a check to lender, for amount to be loaned, dated the agreed repayment > date. > Asking for the repayment check upfront as a necessary condition to the loan > eliminates > having to ' remind ' the borrower of his obligation, and prevents > 'misunderstandings' and > tremendously minimizes the hassle of lending. > > > > > > > > > > > > > --- In FairfieldLife@yahoogroups.com, TurquoiseB <no_reply@> wrote: > > > > --- In FairfieldLife@yahoogroups.com, Jason <jedi_spock@> wrote: > > > > > > In the 1950's, a few people in India helped Maharishi a lot > > > when he was struggling financially. > > > > > > Later on when Maharishi copyrighted the TM and started getting > > > millions of dollars, he ignored them completely.!! He never > > > even acknowledged those who helped him go to the west and > > > establish himself financialy secure. > > > > > > Both Deepak Chopra's father and Chopra helped Maharishi a lot > > > and yet in the end he kicked Chopra out.!! > > > > > > Perhaps both Bill Gates and Maharishi have something in common. > > > > Exactly. > > > > I know that this thread was supposed to be a kind > > of "pity party" for Louis and all he's been through, > > and that we were supposed to express our compassion > > and our admiration of him "sticking to his principles" > > throughout it all. > > > > Ok, I *do* feel compassion for his hard times. And on > > some level I feel some admiration for him "sticking to > > his principles." I just couldn't help noticing that > > those principles don't seem to involve repaying the > > people who loaned him money or invested in his busi- > > ness ideas in the first place. The principles are more > > about "sticking to the purity of his vision." > > > > Well, I'm sorry, but I just don't respect that as much > > as TMers and other "spiritual" people seem to. And the > > reason is that over the years I've loaned money to a > > *lot* of people, *none* of whom ever repaid a dime of > > it. None of them ever *thought* of repaying a dime of > > it. They used it to pay for their courses, or their > > rent, or their business schemes that never worked out, > > or in one case, their women. > > > > And they thought of all of these things they spent the > > money on as an integral part of their spiritual sadhana, > > and thus somehow "off the books." The general attitude > > was that if it helps them pursue enlightenment (or what- > > ever their *personal* goals were), these are not "debts" > > that need to be respected but money flowing in from the > > universe -- an expression of "support of nature." > > > > Excuuuuuse me, but the money flowing in was an expres- > > sion of a friend trying to help them, a friend who did > > not have that much money in the first place, and had to > > do without a few things himself f*in order to* help > > them out. > > > > Not a penny ever got repaid. > > > > And not *one* of them ever felt bad about it. > > > > I think there is something *wrong* with this. I think > > that it's wrong when some meditator bums money to pay > > his rent because he's too "evolved" to work, and I > > think there is something wrong with it when someone > > meditator comes up with a get rich quick scheme and > > winds up defrauding a number of his meditating friends > > when the scheme goes belly up. > > > > Louis may NOT have had anything like this in mind; the > > whole problem may be that he wrote what he did without > > clarifying the details of these people who "backed" > > him who are now so unevolved as to want their money > > back. It could be a simple failure of language, and > > I may be up on my soapbox without cause. If so, I > > apologize in advance. > > > > But the whole schtick in this post was "principle," > > and I for one couldn't help but notice that the one > > principle that kept getting ignored was *paying back* > > the people who invested money. > > > > If it had been me, I would have gone wherever I could > > have found work and paid back every penny. *Then* I > > would have started over on some new plan. That's my > > definition of commitment, belief, trust, and how to > > deal with adversity. > > > > You can call me "non-spiritual" for feeling this way > > if you want, but that's how I feel. Principle is not > > found in the glorious plans one talks about or pitches > > to others, but in what one DOES when those plans some- > > times don't work out. > > > > > > > --- TurquoiseB <[EMAIL PROTECTED]> wrote: > > > Subject: [FairfieldLife] Re: commitment belief trust and adveristy > > > Date: Monday, August 25, 2008, 3:28 AM > > > > > > > > > I'm sure it is. Did your original investors not > > > getting their money back have any impact on *their* > > > families or *their* lifestyles? > > > > > > And again, your "funding" (theoretically, more > > > investment in your business ideas) comes through, > > > and the *first* you do with it is buy a house for > > > you and your family? While the question of how > > > much is left for the business idea or how much > > > goes to repaying your original investors remains > > > unaddressed? > > > > > > I lived in New Mexico for several years. Few people > > > know that Microsoft started there, in Albuquerque. > > > During my time there I ran into probably two dozen > > > people who still spit every time they hear the name > > > "Bill Gates" because he blew town and moved to Seattle > > > owing them tens of thousands of dollars, and in a few > > > cases hundreds of thousands of dollars. > > > > > > The richest man in the world has never paid those > > > debts. He has never even *acknowledged* those debts. > > > Bill Gates can give away billions of dollars to > > > charity for the rest of his life, but not one of > > > these people he left holding the bag are ever going > > > to have an ounce of respect for him. > > > > > > All I'm suggesting is that as things come around for > > > you and you start to get back on your feet financially, > > > you might want to put some thought into repaying the > > > people who invested in you earlier, instead of referring > > > to them as having "backed out on you." > > > > > > I'm sorry, but the almost complete self-absorbtion of > > > your post leads me to believe they might have had some > > > reason for doing so. Even if this is not true, the bottom > > > line is that if you still owe them money, you still owe > > > them money. > > > > > > They didn't *give* you the money, dude...they *invested* > > > in you. If you don't repay their investment, you can > > > write here all you want about how your vision helped you > > > through the struggle, but that's like listening to Bill > > > Gates spout bullshit about how he made billions by being > > > so smart, when in fact he got rich by bailing on his debts. > > > > > > * > > > > > > > > > > > > > ------------------------------------ > > To subscribe, send a message to: > [EMAIL PROTECTED] > > Or go to: > http://groups.yahoo.com/group/FairfieldLife/ > and click 'Join This Group!'Yahoo! Groups Links >
