By the time Christmas came in 2008, I had lost over a third of the value in my 401K. Oops, should have sold during the summer! I thought to myself as the economy detonated. The funny thing is, I wasn’t sitting in front of a computer or a TV watching things unravel as politicians put aside their petty differences to construct the biggest bailout in history. No, I was lying on Lanikai Beach getting sunburned and boy did it feel great!
The pain of losing money is more hurtful than the joy of winning money. Yet, on this fine holiday, I felt no pain, just ambivalence and a realization that money means little when you’re doing something you enjoy. And so, I made it a point in 2009 to start having more fun and launched Financial Samurai.
GET GOING SON
My father told me many years ago to start a site. I didn’t listen because I was too busy. My father also told me not to get caught up too much in the real estate mania, and I didn’t listen either. However, he did tell me to study hard and create my own luck, which is advice that I’ve followed for a very long time.
You see, I used to be quite flippant in the way I looked at life. If I’m meant to lead a rich life, I will, because karma will lead me there. If I’m meant to be poor, oh well, there’s nothing I can do to change. My mother used to always remind me not to seek riches, but to seek happiness instead. Money and the comfort it buys will follow if you don’t focus on it, she’d say. While I still believe in karma, I’ve decided that it’s best to go out there and greet Karma in the face, thank it for being there, and create my own happiness.
We have a choice every day to be happy and be successful. Moping around and complaining does nothing but make us more miserable. After 9/11 occurred, I swore to myself I would cut complaining down to a minimum and just appreciate every single day. After all, just months before I was at the Windows Of The World restaurant on the top of the World Trade Center participating in a conference. I left New York City shortly before the tragedy, but am reminded by what transpired almost every single day.
TOO MUCH TIME TO JUST ENOUGH TIME
Back during the last downturn of 2000-2003, I found myself getting up every weekend at 6am, not knowing what to do. While all my friends were sleeping, I was wide awake twiddling my thumbs bored out of my mind. It was either too dark or too cold to do anything outside, and nothing was on TV either except for zombie infomercials! It didn’t matter if I went out until 2am the night before, I’d still wake up by 6:30am the latest with no alarm clock. Perhaps I was cursed. Or perhaps I was gifted with energy. Ladidadida I’d hum, wondering what to do.
For self preservation, and partly out of boredom, I decided to go to business school part-time. I figure, business school would keep me busy studying, and if I ever got blown out at my firm, I could enroll full-time. Fortunately, or unfortunately, I never got the pink slip, just more work at work and more studying to boot. It was some of the most painful, yet rewarding time of my life.
Can you imagine working 60 hours a week, and having to study for an Operations and Financial Accounting final on Saturday? Ugh. But after the core classes were all done, the electives arrived, and oh how fun they were. From Communications class to Negotiations class and Entrepreneurship class to studying abroad for two weeks in Brazil, school was fun again! This is coming from a person who swore never to go back to school after college. My, how fear of unemployment drove me to do more.
Going to school part-time and working full-time was like a baseball player swinging two bats for practice before stepping up to the plate. By the time he did, he was prepared because he had only half a load to carry. Work is kind of like this now. I have energy for 30 more hours a week to do something else on top of work, and that something else is the Yakezie.
A COUPLE WEAKNESSES
I strongly believe there is a direct correlation with effort and results. The more you practice running, the longer your distance. The more you network with colleagues, the higher the chance you will get promoted. The healthier you eat, the fitter you will get and so forth. As a result, I try hard in four main things: 1) relationships with friends and family, 2) career, 3) tennis/exercise and 4) online endeavors. I have glaring weaknesses in all four things, but I’m trying to improve everyday.
Need more patience. The problem with always trying hard is that my expectations of others gets raised to a level which leaves me little room for empathy sometimes. It’s difficult at times to understand why someone isn’t progressing. Most of the time, my default thought is for someone to simply try harder rather than complain. Just wake up at 6am and work two hours longer a day at whatever it is you are working on, yes? 60 hours more of dedication a month surely will get you to the promised land. Just stop by and comment more and write more guest posts to improve traffic to your own site, yes? Just study harder in school so you can have more options open to you when you graduate….. yes?
Nah. Well then stop complaining and just be happy with what you have. The problem is that things aren’t that easy sometimes. Hard work is hard, but on the other hand, hard work requires no skill! I really need to work on patience. Little patience leads to worse things such as sometimes being perceived as arrogant. I got to cut that out of my life. I pray for patience on a regular basis.
Taking things too seriously. My other weakness is that although I joke around every single day, I take relationships very, very seriously. If you do something disrespectful like tell someone else information which I conveyed to you in private, we will likely not be friends. If you are one who consistently doesn’t do something you say you will do, we will probably not get along because I’ll lose my respect for you. If you believe in dedication, loyalty, and respecting your elders, we will probably be friends for life!
At the same time, I’ve been known to cross the kidding line before largely because I lacked the sensitivity to understand where that line is drawn. Not everybody is a kuncklehead like me. I need to take things less seriously and less personally when someone is late, doesn’t respond, or flakes. Go with the flow sensei.
A COUPLE STRENGTHS
Persistence. You can break my knees, and I will still do my best to compete on the tennis court. If you tell me something can’t be done, I will find a way to make it so. I’m persistent to the point where organizations have entrusted me to get things done because they know I will. If you’ve ever watched Terminator I, when the machine won’t stop, I’m kind of like that but in a nicer way hopefully. I will fail constantly, but I will never fail due to a lack of effort.
Energy. For some reason, I don’t need to sleep much more than 5 or 6 hours every day. It’s a blessing and a curse as I mentioned above. As a result, I have more time on my hands to complete projects and do things I like to do. Sleeping in is a beautiful thing, but everyday feels like Christmas morning and I’m just so excited to get up and see what’s going on. Without energy, I wouldn’t be able to smile. If I’m not smiling, I’m not doing much of anything.
PUTTING IT ALL TOGETHER
Ever since reading Fortune At The Bottom of The Pyramid by CK Prahalad five years ago, I’ve been focused on finding ways to create a profitable organization which is inextricably tied to giving back to the community in a positive way. It’s nice to earn some shekels blogging, but it’s even nicer to be driven to write because you know that what you are writing resonates with others and can help someone in need.
With the Members assembled here at Yakezie so far, I believe we have found a way. We are not only going to donate some of our money from our online endeavors, but also our time so that someone, somewhere each month can benefit via the Yakezie Scholarship. I hope you all will participate and be as proud of our initiative as I am.
Thanks again to all those who have written their Member Posts. They’ve all been fantastic reads and I’m excited to continue reading more. Chris and I will highlight some of the new features on Yakezie.com this coming week, and work together with you guys to figure out a system to allow those who would like to write on Yakezie.com to do so. Onwards team!
Cheers,
Sam
Hey Sam,
Want to comment longer but just running out the door. Great intro. My best friend passed on 8 years ago and like your experience with the trade center it made me realise I need to do what I want in life and enjoy myself.
Will have to read that book.
Have a great weekend.
Forest, have a great time on your vacay! I think I shall soon follow you!
The book was eye opening b/c it showed many business could do well in some of the poorest cities and countries and offer a fantastic product and help out the community.
Have a good one!
[…] This post was mentioned on Twitter by SustainableLifeBlog and Frugal Zeitgeist, Elle. Elle said: @Yakezie Member Post – @financialsamura | http://t.co/2htbEL8 – Wonderful job with the post Sam! […]
Not surprising that you’ve got the longest post, but honestly thanks for sharing. It’s great to know we have a dedicated participant who really has such passion!
If this is a backhanded comment that my post is too long and boring for you, but you’re thankful for it, I’ll take it! :) Feel free to write long posts if you’d like too.
Good times ahead. Cheers, Sam
Haha not backhanded, if it’s well written, size doesn’t matter!
Good to know! And don’t worry, I like backhanded comments. They fire me up!
Thanks for sharing your story. Great lessons for all! Keep it up.Look forward to our journey!
When you coming out to SF Doc?
i’d be watching TV all night long if zombie shows were on (oh wait, you said zombie infomercials….probably not the same thing)
Sam, I can identify with your character a lot. I demand a high amount of follow through, timeliness, and effort from other people (clients, employees, friends, family) and am easily let down when that doesn’t happen. Need to work on my patience a bit too. And I’m also looking to find a nice balance between enjoying life, being successful, and giving back.
Being a Type A personaltiy really helps you get sh$t done, but it can be sometimes hard to find the off switch.
Yes, where is the off switch I wonder sometimes?
Interesting though, I dont think I’m a “Type A” personality unless I’m being completely delusional, which is a possibility! A lot of things I could care less about, and I’m either super competitive if provoked or not competitive at all. I’m just trying to have fun!
As a person who does whine once in a while to make herself feel a little better, I’m intimidated, lol. I only have your energy levels when it comes to family, friends, and blogging since those are the things I love. I am so excited to see what we can do as a group and already have learned so much just by being able to chat openly with fellow bloggers. Thanks!
Nothing wrong with whining silently in your head! There’s nothing to be intimidated about, the Yakezie is an open, judge-free platform! You have identified three of what matters most to you, and that is what’s most important. Cheers
Great post Sam. Very detailed and it’s great to get to know the man behind the red belt. I can totally identify with your “get up earlier and get to work” mindset. It really bothers me when I hear people talking about sitting around doing nothing and giving me a hard time because I have two jobs. I just keep my head down and wait for it to pan out for me though, because if people keep working hard, things will break their way.
Very honorable of you to hold down two jobs and keep trucking away! I like the head down, focus mentality. Let them whine and complain. You know you are doing your best, and that’s all that matters!
I completely agree sam. For some people, 1 job is more than enough (or possibly too much) I know how much work I can handle, and I’ll take on work up to (and sometimes past) that point. Keep up the hustle, hopefully I’ll be where you’re at soon.
This was very reflective and insightful. Thanks for sharing. It’s nice to learn some of what makes you tick!
Great to get you a little better Sam. Thanks for sharing your story.
I forgot that you had never shared a member post, yourself! Seems like you have a lot of passion in life, Sam! You say that “For some reason, I don’t need to sleep much more than 5 or 6 hours every day. ” … wish I was the same, haha. Without 8 I feel dead, and even with 8 I sometimes feel dead anyways. Exercise does help here to a certain extent. I can’t imagine ever having the “problem” of waking up at 6:30 and be brimming with energy, but it would be pretty cool to have!
You inspire, Sam. I’m also hoping that we do some good with the Yakezie, and as we keep building up ourselves we will have more power to do good for others, too.
Yep, I tried to make it that way so Yakezie.com was 100% focused on everybody else and the community. Hence, you forgetting means that I think I’ve succeeded!
It’s important that everybody goes through the same steps to get on the Yakezie Network list and contribute as equally as possible. Just because I started the organization doesn’t give me an exception.
It is kinda weird waking up at 6am or 6:30am wide awake ready to go, go, go. Donno, there’s just so much going on and I feel time flies so quickly. I wish I only had to sleep a couple hours a day frankly!
Here’s to good things for all of us!
Hey Sam. Thanks for letting me guest post, comment on your blog!
I 100% agree with working hard. No one got ahead in life by being a slacker but shouldn’t it really be about working smarter? Sure you can write a book on a typewriter, but it will take you much longer than doing it on a computer.
Same goes for an old computer. For $1000 (there are even other cheaper options) you can buy a pretty powerful computer. If you have a old computer that takes 5 min to boot and is slow with every operation, the time saved by being more productive pays for a new computer very quickly.
No problem IJ! Thanks for writing your guest posts on FS.
It would be great if I could work smarter, but unfortunately I’m too dumb to really know how!
Limiting belief right there! “too dumb”
Indeed, or perhaps they are words of humility, which is another trait I’m trying to work on.
Nice to know you a little better Sam. Hard work and determination will take you far not matter what your passion.
You are an amazing leader and friend in this community, Sam, and I appreciate this more in depth look into your life. Thank you for sharing and I will follow your direction and write an amazing post for the site sometime very soon.
Eric-san, thank you and I look forward to reading your posts here! Thanks for your contribution!
The amount of energy is amazing I don’t think I ever emailed you without a response within 30 mins! GET SOME SLEEP
Thx Evan. Donno, if I don’t respond soon, I feel I will forget now that I’m older. Also, I don’t enjoy the feeling myself of not getting a response when I try to reach out to others, so best to just respond. The messages I tend not to respond are those that ask questions where the answer is right there, or just takes a little digging. Cheers
Thank you Sam for your story. Those of us that were deeply affected by the events of 9/11 have never been the same, but like you, I have used it as a positive driver in my life. I can’t wait to share my own member story with the group. So much to do, so little time.
I look forward to reading your story! I’m glad the Chilean Miners survived, and they are another source of anti-complaining repelant we now have!
That’s incredible. So, if you went to sleep at 5am then you would still hop up at 6:30am? Very interesting post by the way. Productivity is the secret to success.
Hmmm, the last time I went to bed at 5am, I woke up by 8am. Donno, I try to go to bed by 1am on weekdays bc then that will give me 5hrs when I wake at 6am. It’s beautiful in the morning and I feel I can get a lot done.
I think you and I are pretty similar Sam. I often have my “can do” attitude perceived as arrogance. I definitely lack empathy.
Maybe one day we will meet in an epic tennis battle. I love the game.
Sounds good man. Let’s definitely play our epic match! Where are there good courts in San Diego?
The college I went to has AWESOME courts that allow public access. If you’re ever down this way we can get our tennis on.
Excellent post Sam. You are a very articulate writer, nice post.
I am not full of energy like you, but I must have some kind of mild insomnia and wake up in the middle of the night sometime and sneak in some first posts. :)
Make your own luck is the key to all things in life. You’re doing great!
Thanks mate. Sorry for your humungo property tax bill, but hopefully it means your property’s value is appreciating!
I fear my energy will one day dissipate, which is why I want to use it now. Cheers
So now we know your secret! Hard work, determination, and energy! I think you have done a great job with your site and with Yakezie!
Your willingness to give back is definitely an inspiration! It’s good to know more about what is important to you and what motivates you.
Don’t tell anyone! :) Donno, again I think a lot of things are pretty straigt forward in terms of achieving goals. Thanks for being a part of the group!
Wow, you truly are a class act sir! This may be one of the best posts I’ve ever read, especially considering the length!
I think it makes us all proud to know that we’re in something special, and that we’re going to cause positive effects helping others!
Thanks for creating something so positive in life, this is an effort we can all look to someday and think: “I had my part in building Yakezie”
Sorry for the long length of this post. I guess I just kept writing and writing.
Would be sweet if our little group rocked on in 5-10 years!
The length was perfect! It’s good to learn about the man behind the Samurai mask!
i definitely agree with that statement: The pain of losing money is more hurtful than the joy of winning money…such a horrible feeling.
‘do not to seek riches, but to seek happiness instead. Money and the comfort it buys will follow if you don’t focus on it”…..your parents sound like incredibly intelligent people.
Right now I am plotting my plan of action, i am going to greet Karma in the face too! haha
what an inspiring post! I am really starting to enjoy your blog
I will forever think of you as the terminator now :)
(And I totally agree about the “just get up early” thing…) Thanks for all your hard work on Yakezie!
Hahah, nice. I thought the Terminator would be some good imagery to have. Gonna check out your online money post!
@Watson, @Natalie, @Mike – Thanks folks. Good to have y’all on board!
Great post Sam! It’s awesome you’ve done so much and still have energy to keep doing more. I agree with you on patience – that’s a hard one. I used to have so much when I was younger. Now I have to take deep breaths sometimes and walk away from my desk at work sometimes when things get to me. I wish I could operate on 5-6 hours of sleep though. My brain and body doesn’t function well if I get less than 7. I’d get 9 everyday if I could but can happily settle for 8. :)
Sam, thanks for sharing your intro post with all of us. Great stuff here. I really like the lessons and wisdom you share. Also, I think you’re lucky to have a gift of having such energy that you wake up early, ready to achieve. That, plus competitiveness and loyalty, make for some success traits. I really like the bit about respecting elders – I’m all about that, as I alluded to in my own member post.
Thanks mate. Respecting our elders is very important and something that seems to be lost or diluted in this ADD world now. We can learn a lot from them! Cheers
Ooh- read this in the morning but forgot to comment until now.
Very happy to read your member post- I was wondering when you were going to share a little bit about yourself.
I am so envious of your ability to function well on 5-6 hours of sleep- I wish I had the same energy- but I have been getting 5-6 hours of sleep nonetheless, energy or no energy :)
I admire your dedication, your vision, your determination and your integrity- thank you again for creating and leading such a great group!
I agree that elders should be respected and they have a lot of wisdom to share. I met an elder at a food court in hawaii and he had lots to say about the economy- I am going to write a post on our conversation sometime soon :)
Looking forward to reading about the conversation with the elder in Hawaii and the economy! Thanks for your kind words.
PS I try and stay away from sugar and soda stuff. The waist line doesn’t need more temptation!
PS do you drink red bull? (kidding!)
Nah, don’t drink any soda or sugary drinks… but, I do drink beer! Love the Chimays and Lambics.
Hi Sam,
Great story! I am always amazed to realize just how many people 9/11 impacted. And how many “close calls” there were. And it always amazes me how it takes big events like that to get people to change their lives for the better, myself included.
I am very glad you decided to start this community, and glad I can be a part of it. My one suggestion is that we need to organize a Best of the Yakezie carnival that goes to a new blog each month, or even more often. I can coordinate it through the forums, but it would be nice if it had it’s own submission page. Just an idea I hope you will think about. ;-)
Cheers,
Jeremy
Hi Jeremy, we do have a Yakezie Carnival which we’ve organized in the Member Forums. Happy for you to jump on board once you pass the Challenge!
Cheers
Great post, Sam. I too, wish I could make it on 5-6 hours per night sleep anymore. When I was young and single, I could pull it off. Alas, it’s just not possible for me anymore though. The years have taken a toll on me! LOL
All the best,
Len
Len Penzo dot Com
Len, I wish I had no hair. I would love to just rub some sunscreen on it and be done with! As of now, I gotta waste $18 bucks every 3 weeks to cut the darn thing. What a waste of time and money!
Cheers mate.
I remember the days of getting by on 5-6 hours of sleep. Now the family knows there will be one crabby mom in the house if I don’t get my 7!
You wrote a great post, and you needed to make it long. You are doing so much good and you have helped all of us so much. I am not a raging success by any means, but I would not be doing nearly as well if I didn’t have my Yakezie pals!
Thanks Sam!
Kris, from what I can tell, your blog is doing amazingly well! Congrats on all the action you receive there, and thanks for always sharing your thoughts on my site!
Hey Sam,
I’m not sure how you found the time to write this post along with organizing the scholarship, getting the howtosavemoney.com site up, running your own blog, and still somehow finding time to live life and tweet. lol. I agree with Kris above that you needed to make the post long. I think you more than anyone has the most to say with how busy you are! Great job, and I only see a brighter future moving forward.
Thanks,
Timothy
Thanks Tim! You are a great part of the team with your enthusiasm and contributions
. It’s great you are on board and thanks for your donation to the scholarship fund!
No problem at all. I’m glad to be on board. We’ve got a really good thing going here, and I only see great things for the future!
Hey Sam, always interesting to learn and hear more about your background and your journey. I couldn’t agree more with how important hard work is and I think you exemplify that quality perhaps more than anyone. Keep up the amazing work here!
Knowing that you only need 5-6 hours of sleep a night explains a lot! Thanks so much for creating this network. It’s a great group of people and we all have our individual strengths and weaknesses.
Kay, I’m really happy you’re aboard and congrats on being a staff writer on Elle’s site! That’s great collaboration there! Elle is a veteran and we can learn a lot from her!
[…] Yakezie: Yakezie Member Post – Financial Samurai – Sam tells his story. In a short period of time, Sam was able to create a popular and growing blog, a world class financial network, and still have a high-caliber job to boot. Sam is the man. See if you agree with me! […]
Is it weird to say that I’ve been waiting for this post? You’re such an interesting character Sam, I’ve been waiting to hear your story for a while now.
It did not disappoint.
Hi Kevin, glad you enjoyed the post. Looking forward to you finishing out the Beta Halle ge strong and sharing your story in February, 2011!
Such a great post, thanks for sharing us who you are and what your experiences are. It is always great to know the person behind his or her blog. You even inspired me to go on with what I’d like to pursue to in life. My parents always reminds to study hard and reach for my diploma for there are more great opportunities will come along my way when I graduated in college. Although I know these are all true, working hard is hard indeed, however, I come to realize that in every action, we do good or bad, karma comes along. So I always use to control my temper and be patient as possible in every thing I do. Because I know someday in all the difficulties I had in life, will be compensate at the right time.
Great story Sam! It’s taken me a while to realize the aspects you are talking about. But I’ve been seeing how the effort you put in does pay off in time and often, it’s not who;s best at something that gets ahead, it’s the one that works hard and keeps at it.
Thanks Craig. I really think it’s just persistence. One doesn’t have to be particularly smart or charismatic for that matter, just persistent! Kinda like getting the girl! :)
Sam, Inspiring and insightful. And you are a beautiful writer to boot! I feel like I know a bit more the creative spirit that drove you to create Yakezie. I’m so glad you did and that I’m a part of it! Thank you.
I wish that I had even half as much energy as you say you have! Or, maybe its just because I have so many projects to spread what energy I have around to…
Thank you, Sam, for putting all of this together. I think you, and we, have put together something truly special, and I look forward to seeing how it blooms.
Thanks mate. I know the energy will wane eventually, hence I’m trying to maximize my efforts while it’s still there. Onwards!
Sam, you have such a great story. Very inspiring to others! I’m so happy you started the Yakezie. It’s morphed into a great network!
Thanks Mrs Money! Thanks for your contributions to the network!
absolutely love Dad’s advice. take life by its horns and twist it to fit your appetite. keep up the great work!
Gracias Sunil, and good to see you are finally aboard! The forums is where it’s at to get to know all your other challengers. You’re a good fit!
Like the baseball analogy. Pushing ourselves beyond what we think we’re capable of really shows us how much we actually can do. And it can make doing what others consider “above average” as doing par for the course.
Having boundless energy is always a plus – an area I’m generally familiar with, but have been dragging in recently.
Why do you think you’re dragging recently mate? What can I/we do to help?
Sam,
Like others, I had totally overlooked the fact that you had yet to make a member post. Unlike some others, it didn’t occur to me that the post was long…probably because it was a great read.
You solved one mystery for me: I have wondered for some time now if you ever sleep. Now I know…not much. I appreciate how you are developing patience to better understand those who don’t tick like you do, because that is me. I am far from lazy, but also far from a dynamo. I am a pretty relaxed guy who takes life as it comes. This being said, could improve on being more pro-active in setting goals and creating more success. Being part of the Yakezie community helps.
Hi Joe – Good hearing from you mate. It’s funny how you mention sleep, b/c I landed at midnight tonight, got home at 1am and it’s right now 4:45am as I type this comment to you!
Donno, perhaps just being away from a computer for a week does that. I try and respond to everyone. I hope as I grow older, I develop more patience naturally, as well as not lose too much energy. Who knows though, hence why I try and seize the moment while it’s there.
Cheers
[…] 30 Years@Yakezie The Best Personal Finance BlogYakezie Member Post: Khaleef from KNS FinancialYakezie Member Post – Financial SamuraiYakezie Member Post – Christopher Johnson@MoneyCrush Finding Work You Enjoy@SmartOnMoney Retiring […]
Great post – I appreciate the strenghts and weaknesses insights! 5-6 hours of sleep – I’ve tried that, but it doesn’t work without a caffeine I.V. for me!
Thanks for all you do and for giving back Sam!
It’s funny Jason, cuz coffee and tea and soda doesn’t do anything for me. I still pass out like a sleepy koala when I’m tired after I drink those things!
Wow Sam, you have a great story. And it is scary that you work full time an dare only giving 30% to Yakezie. You are what I call a MONSTER!!!
Loving the progress and can’t wait to see the future.
Hey, you should read “Delivering Happiness” by Tony Hsieh, CEO of Zappos. Just put it down and their culture just screams Yakezie!!
Hi Freddie,
Will check out that book! Just got back from a little trip down south. Saw your tweet and the answer is that Beta Challenger posts go up starting Feb 1! We’ll change status for Challengers to begin uploading in the new year. In the meantime, keep on hustling and gettingto know your class in the forums!
Thx!
[…] Yakezie Member Post – Financial Samurai […]
Thanks for starting the Yakezie network! I don’t know if I would have made it this far without it. And thanks for sharing your story.
No problem at all. Good to have you! We’re opening up the next class of Members this July, 2011!