True Life: You think you know but have no idea…
November 20th, 2009
I need to be honest with you. Rob Coats wasn’t always the so-called Connectionaire. At best, I was a “financiaholic” (dubbed by my intern).
At 21, like many college students, I wasn’t focused on getting a degree and getting a good paying job. I was focused on breaking the statistic of being a “broke college student”.
I started off with a talent I learned at 12 years old- cutting hair. It took, like anything, 3 years to build a clientele. I was making almost $150/day cutting hair. I had almost no expenses. A high-school connection led me into a direct-sales marketing phenomena. I went from earning great money cutting hair to an impressive $5,000/month while still remaining on Wright State’s dean list.
One day, while talking to my professor about my businesses, he asked what I was doing still in school. He pointed out: “You are one of those people that will be successful with or without college.”
His affirmation of what I had already been thinking led me to my decision. I finished out that semester, and withdrew from the University. Now that my attention was solely on direct-sales, my income increased, some months topping $15,000. By 23 I was making well over 6 figures.
The chase for money cost me many relationships; life-long friends and family. Like many business ventures, the company downsized and my paycheck soon followed. Now I was out an elaborate lifestyle, and a support system.
I moved back into “the low-level suite” (my parent’s basement), and took 6-8 months to focus on the internal rather than the external: I reflected, read, and studied. I needed to overcome this defeat, as well as better prepare myself for life’s next hurdle. This time, I was going to be prepared. And, I was going to chase after my passion, not my paycheck.
My next attempt was in Real Estate. Although I had been conquered before, I did not give up on my passion for self-employment. Through real estate I built connectionships/relationships with many people and re-sparked my love of connecting. I began things like philanthropy projects that were of no monetary benefit, but more importantly, helped others in need.
Realizing that not everyone shares the people-skills I have, I began nationwide networking events to teach/train people how to affectively connect and build life-long relationships, as opposed to short-transactional relationships. I’ve even authored a book, Connect and Grow Rich, out December 1, that is a how-to guide on growing wealth by connecting, both in person and online.
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