Many of you who know me know that I grew up a Mormon kid and went on a Mormon mission when I was 19.

Heck, most of you actually make fun of me directly and say stuff like “Dude, you are like the only normal Mormon I know!”

And looking back at it, I can say that going to Boise for 2 years and doing all of the things that Mormon missionaries do was one of the better things that I have done in my life.

I learned a lot of things and made a lot of friends.

But at least one thing that I learned on that Mormon mission has stuck with me and is probably relevant no matter what religion you are or aren’t.

One day I got a call from one of the other missionaries who was almost done with his 2 year stint.

“Hey, you wanna buy my bike?”

Missionaries don’t have any money really — so him asking me this question was strange.

“Sure, I will give you $25 bucks for it I guess…”

And in that moment, I set off a chain of events that would forever change my perspective on prophets profits and business.

About a week after I bought the bike from the guy going home for $25, a brand new crop of recruits came in to the mission and guess what — they all needed LDS mission bikes.

Only, these new recruits had an entirely different reality as to what bikes should cost.

They were rich!

And when I sold that same bike that I bought for $25 for $250, I felt like I had been smacked with a 2×4 and the first thought that went through my mind was…

I need to get my hands on more bikes.

And so I did.

I put in calls to pretty much every missionary who was about to go home every month for the next year or so and bought up every bike I could get my hands on.

And then I sold those same bikes to the guys coming in for a nice fat prophet profit.

And generally speaking — it was an education of a lifetime.

Buy low, sell high.

All in the name of a prophet profit.