Posts Tagged ‘Wealth Building’

Broke + Penniless but Now Successful = 95% Failure Rates

Tuesday, July 29th, 2008
by Building Financial Freedom

The Home Business Industry is seeing a large influx of Corporate Executives and we are now seeing the rules of the game changing. With their entry they are bringing leadership in developing sales teams, training top teams, out sourcing and strategic business alliances that reach Globally. These added competencies should assist in much higher success rates within the industry.

Just do a Google search and you will see a ton of advertisements that are from people that were poor or down on their luck but today they are rich. This is a great story and sells well, but the problem is that most of these individuals do not have the skills or in some cases the desire to assist you in succeeding. Some believe that is up to you to succeed the way they did (school of hard knoxx) or they believe that there is no need to develop a highly effective training program as this will cause competition. This is sad because there is more that enough for all. Do not fall into this sad belief.

How about from day one of joining an organization you are putting together a long term business that will pay you on multiple levels for extended periods of time. New members will not get marketing methods that would cost them 1000s of dollars to learn, be able to plug in to the latest in communication networks and have the ability to learn using the latest platforms in education to learn how to be successful. This break through will be huge. Another benefit that must be highlighted is having access to the best software on the market for completing certain tasks and you know it works.

The organization you choose needs to have the ability to tap into Global Resources in order to bring team ideas into reality. The team that has this ability will be leading the pack and will have the competition scratching their heads. Ask any of the current Gurus how they are doing this and I would love to here them stutter.

The single greatest factor to your success in your attitude, your commitment and your motivation. The Leader of your group will be the second greatest factor in your quest for success. The two combined will outweigh all over factors. Your leader must be a Global Mentor. In case you have not noticed the Markets are now Global. If you are to succeed, you need to have someone that has experience and has Strategic Business Partnerships in multiple countries.

The rich understand the term leverage, but most do not. Leverage is something you must study as it is the quickest way to build wealth. Each of your tactics and techniques to build your business should involve some sort of leverage. Without leverage you really have a sold proprietorship type of business and that is much too much work.

Finds ways to keep you motivated and keep you moving forward to towards your financial goals. Your Global Mentor will have many ways to maintain your focus and your motivation to insure you are moving towards success. Keep in mind that motivation is a key element in life and should be taken lightly.

Find that burning reason on why you are building your home based business and keep feeding it and making it larger. Celebrate all successes no matter how small and keep moving forward to the next step. Keep you finances under control and continue to build your emergency fund. The more funds you have in your emergency fund the better prepared you are to score big when the moment comes.

Ask your potential leader or Global Mentor how they are going to develop your greatness. We are all borne with it, but few have fed it and allowed to grow. Most have gotten scared and let it fade away, but is is time to feed it and bring it back in a large way. Do not take this lightly as it can raise your success level immensely

Decide right now to take action..No more waiting for tomorrow to make a decision to become financially independent. Procrastination has kept you poor to this point and it will continue to keep you poor unless you kill it and do it now. After all you are the one that let’s it live. Take action now.

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Your Opportunity For Financial Freedom Is Fading Away

Monday, July 28th, 2008
by Stop Making Others Rich

Your procrastination is robbing your children, grand children, great grand children …. It is up to you to break the cycle of working everyday for a Corporation, Owning your own business without true leverage and / or working for someone else. As long as you stay in this cycle you will always be disadvantaged when it comes to reaching Financial Freedom. The income earned between the wealthy and middle class across the Globe is widening and your window of opportunity is closing with each passing day. When will you decide to take action.

Are you one of the 20% of Americans that admit to being a chronic procrastinator? If you are you need to change your ways immediately if you plan on reaching a goal of Wealth Building and Financial Freedom. This is no joke and I wish I was a better writer so I could properly outline the importance of taking action. Remember the choice is yours. Will you work until 65 years old and then live on a budget? Why there are much better ways to build wealth and prepare for the future. Take the first step and STOP PROCRASTINATING.

Here is what you are up against if you continue to rely to your current income: 330 people are turning 60 years old every hour! This means that the substantial part of the work force (that pays taxes) is moving to retirement age. The cost to average Americans will be substantial. These baby boomers will need more and more health care as they reach older age. Only 5% of Americans retiring today have achieved Financial Freedom. The rest rely on Government means, family support or significantly reduced budgets to get by. Get ready for increase in taxes….it has to happen. You are ready to give more of your money away? If not then stop procrastinating and take action immediately and find a mentor to assist you in your Wealth Building and Financial Freedom.

You need to find Your Why. Find a reason to motivate yourself to take action. For most the thought of spending more time with your family and less time playing corporate games is enough motivation. While others will need to find their Why. You see no matter what you do in life you will have challenges and your Why must be big enough for you to overcome those challenges and not quit.

Ok, so you have decided to change your life for the better: Congratulations. Now the work starts. Say good bye to your TV as it doesn’t make you any money but instead only keeps you from achieving your goals. The next step is to find a mentor. Your mentor needs to have vision, be hard working and most importantly willing to teach you how to achieve Financial Freedom. His system should teach how to use the newest technologies and make money. Stay away from any “copy cat” system. These are the ones that say “we do it for you”, “no work needed” or something along that lines as they are scams. I call anything that has a 97% failure rate a scam.

If you are serious about changing your life and giving your family a better life, do this short exercise. Make a list of 20 time wasters. Don’t worry you have many more than this. Take the top 20 things that you currently are doing that take time away from your Wealth Building and more importantly these items cost you money or time. Once you have that list, work on and eliminate that item for 30 straight days. Keep your why in front of you to remind you that you are on striving for Financial Freedom and the opportunity to live the life you deserve. Once you have eliminated one, then go to the second. If you take this one step at a time you should see better results over a period of time.

Now it is time to choose your Wealth Building Vehicle. This is the vehicle that will allow you to achieve your Financial Freedom. There some really good ones out and some that are not good at all. Here are some I would stay away from: Travel Packages…to much competition and taxes are seldom included and can be up to 25% of the total price, Software packages through network marketing opportunities…software is bottom self..no one will buy and if they do you will probably be flooded in refunds, any opportunity that says “the system does all the work”…there is no way…RUN AWAY. To be successful you will need you need to find a mentor that is using the newest technology to make money. It makes no sense to use old methods like everyone else.

Remember that your Mentor will be the single most important factor in your success. There must be a system in place that is constantly evolving and teaching you on how to become your Financial Freedom. Once you reach this zone, you will look back and wonder why you did not do this before.

As always we with you the best and take action now!

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Are You In The Global Market or Is Your Competition Killing You

Sunday, July 6th, 2008
by Patrick Spielmann

Find your Global Mentor and raise your chances of success to new levels. In case you missed it, the World is our new market and most business models have not adjusted to this fact. The same is true for the old mentor model. The business world is changing at the speed of light and most mentors, consultants or life coaches do not have the experience needed to maximize your success in the Global Market Place. Any time you have someone talk about systems that are out there but does not use them to personally earn a living …………..Run Away. This means that they will point you to system and now you get to learn it or better yet pay a lot of money to have someone set it up for you. Get a top Global Mentor and create your Wealth Building Machine to reach True Financial Freedom.

No matter what your current situation is, we are all striving to reach Financial Freedom or striving to help others reach their Financial Freedom. You see Financial Freedom is a great thing. It allows you to help others like you never thought possible. It is not all about buying expensive cars, clothing, homes and more. It is about making a difference in others’ lives. That is what life is all about. Helping others and paying back your good fortune.

If you want develop your Financial Freedom Plan, then search out and find a Global Mentor. The business that you set up and run as a home based business must be a Global Business with targeted plan achieve your Financial Freedom. You must insure that you are competitive on the Global Market. Remember that everyone else is still competing in the US or local Markets. Welcome to the Global Revolution.

You probably have seen over 100 ads telling you how they went from nothing to rich! The real story is what they are not telling you. It is very easy to get to the truth. Ask them what their success rate is? How many people that join their team are making money and then ask more details on system.

Any program you join needs to teach you how to leverage resources across the Globe. If they cannot do this RUN AWAY, unless you want to be in the 95% failure category. The world is changing and you do not want to be part of the old way of doing it as the competition is too fierce for scraps. Scraps will not get you to Financial Freedom

You are your biggest obstacle. You must get over this obstacle to even get started. Do not listen to family or friends when you start something as they cannot help you overcome your situation or they would have already. Get involved in a top mastermind group and begin your journey to Financial Freedom.

You are going to need to get out of your comfort zone and destroy that zone. What you have currently is due to your current comfort zone and skills. You will need to increase your skills and get rid of your comfort zone. This is where your Global Mentor is key. They will assist you in achieving these goals and put you on the track to Financial Freedom.

How many opportunities have you passed up in your life? Far too many if you like most people. Make the decision today to stop passing up opportunities. This does not mean that you take every opportunity you see, but if you feel that an opportunity is a good one, then put your commitment into it and make it happen.

Choosing to better you life is only a choice away. If you realize that you and only you can make the decision go for Financial Freedom, you have taken the right step. We all make choices in our lives. Some bring us wealth and others rob us of our chances for Financial Freedom. Take this challenge. Take 20 minutes and write down your favorite TV shows. List as many of them as you can…….Add the hours per day that you watch TV……..list your favorite internet sits that you go to each day….Add the hours you spend on the computer per day…..Now add all the hours together and write that number down….and circle it… Ask yourself, “How much money did I make doing these tasks?”. A better question is, “How much money did I lose by wasting those hours each day?”. You are going to have to make sacrifices, some changes in behavior and some changes in your daily activities, but it will be worth it.

Why do you compete with everyone else when you go to the lake or the amusement park on the weekend? It is because the JOB (just over broke) tells you this is the way it is done. You are forced to conform to everyone else’s schedule due to your JOB. It doesn’t have to be this way. Get a Global Mentor and start your journey to Financial Freedom.

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A New Breed Is Changing How The Home Business Game Is Played!

Friday, July 4th, 2008
by Building Financial Freedom

Corporate Executives are entering the home based business World and changing the game. No longer will you see the internet is covered with people that have made millions and only a couple of years earlier they were broke. Here is the dirty little secret they wont tell you. They are making a lot of money but their system is not supporting high percentages of successful followers. We are seeing failure rates as high a 97% in some organizations. If you are in one of these organizations, 97% failure rate is not a business, it is a scam. It will be a good change.

Corporate Executives understand the need for team work and developing a team of Master Minds to truly leverage group ideas into money. This concept alone will bring great strides to the Home Business World. However the largest benefit will be the ability to leverage resources and do more in a shorter time frame. This concept is going to keep the team farther ahead of the competition.

How about from day one of joining an organization you are putting together a long term business that will pay you on multiple levels for extended periods of time. New members will not get marketing methods that would cost them 1000s of dollars to learn, be able to plug in to the latest in communication networks and have the ability to learn using the latest platforms in education to learn how to be successful. This break through will be huge. Another benefit that must be highlighted is having access to the best software on the market for completing certain tasks and you know it works.

Any home based business will need to provide training resources. These resources’ goal should be to better training the team to raise success rates. Live training events should be held as optional training methods. This way your serious members can come in and take advantage of advanced training and you can build them into leaders. Accelerating your team’s success has to be the number 1 goal.

Your Attitude towards your new business and the time you spend on your business will dictate how successful you will be. Now this is another reason why you need a Global Mentor, to help develop your ATM: Attitude+time=Money ATM. Your Global Mentor should have this down and begin with you immediately developing this into your business mindset.

Rich Dad - Poor Dad has it right on the mark. Leverage each and all business tactics to build your wealth at a faster speed. Without leverage your competitors would probably eat your lunch. Your Global Mentors should have this down to a science. Remember that leverage requires you to assist other in them reaching their goals also.

How will you motivate yourself and more importantly how will your Leader motivate the team? Once you commit to owning your business, you need to build in a motivational platform to keep you motivated. All things become dull after a while and you will need to be motivated from time to time when life tries to interrupt your successful business venture.

Find that burning reason on why you are building your home based business and keep feeding it and making it larger. Celebrate all successes no matter how small and keep moving forward to the next step. Keep you finances under control and continue to build your emergency fund. The more funds you have in your emergency fund the better prepared you are to score big when the moment comes.

How will your Leader / Global Mentor feed and cultivate your greatness? Each of us was born with the innate ability to achieve greatness in our lives but somewhere along the way most of us got lost and stop believing….settled on the premise that we will not be great. This is the saddest event in life except for losing a loved one. In a way it is the same thing. You must cultivate and feed your greatness. Just do it. Go for it.

It takes action to get results. If you reading this article, then congratulations on at least reading the article, but just reading it is not enough, you must take action if you are to change your current financial situation. It can be done, now do it. Don’t let fear rob you of a better life. We all fear something, but some of us have decided to overcome our fear or doubt and make a better life or our families.

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Ex-Corporate Executives Change Rules Of The Game!

Thursday, July 3rd, 2008
by Building Financial Freedom

Corporate Executives are entering the home based business World and changing the game. No longer will you see the internet is covered with people that have made millions and only a couple of years earlier they were broke. Here is the dirty little secret they wont tell you. They are making a lot of money but their system is not supporting high percentages of successful followers. We are seeing failure rates as high a 97% in some organizations. If you are in one of these organizations, 97% failure rate is not a business, it is a scam. It will be a good change.

Just do a Google search and you will see a ton of advertisements that are from people that were poor or down on their luck but today they are rich. This is a great story and sells well, but the problem is that most of these individuals do not have the skills or in some cases the desire to assist you in succeeding. Some believe that is up to you to succeed the way they did (school of hard knoxx) or they believe that there is no need to develop a highly effective training program as this will cause competition. This is sad because there is more that enough for all. Do not fall into this sad belief.

How about from day one of joining an organization you are putting together a long term business that will pay you on multiple levels for extended periods of time. New members will not get marketing methods that would cost them 1000s of dollars to learn, be able to plug in to the latest in communication networks and have the ability to learn using the latest platforms in education to learn how to be successful. This break through will be huge. Another benefit that must be highlighted is having access to the best software on the market for completing certain tasks and you know it works.

Like any business, the home business opportunities need to provide training resources that will raise the success rates on the entire organization. The resources should be from top mentors in and outside the Industry you want to join. You see if you only have ideas from inside the industry, then you will be missing a large training component and your competitors will be right on your heels.

Your Attitude towards your new business and the time you spend on your business will dictate how successful you will be. Now this is another reason why you need a Global Mentor, to help develop your ATM: Attitude+time=Money ATM. Your Global Mentor should have this down and begin with you immediately developing this into your business mindset.

If you are going to be Building Financial Freedom, then you must use leverage and you the more leverage you have the faster bigger your business will grow. Leverage needs to be used in all facets of the your business model. You need to use it in marketing, recruiting, training, outsourcing and more. Don’t take this lightly as it will greatly affect your business.

Finds ways to keep you motivated and keep you moving forward to towards your financial goals. Your Global Mentor will have many ways to maintain your focus and your motivation to insure you are moving towards success. Keep in mind that motivation is a key element in life and should be taken lightly.

Find that burning reason on why you are building your home based business and keep feeding it and making it larger. Celebrate all successes no matter how small and keep moving forward to the next step. Keep you finances under control and continue to build your emergency fund. The more funds you have in your emergency fund the better prepared you are to score big when the moment comes.

Ask your potential leader or Global Mentor how they are going to develop your greatness. We are all borne with it, but few have fed it and allowed to grow. Most have gotten scared and let it fade away, but is is time to feed it and bring it back in a large way. Do not take this lightly as it can raise your success level immensely

Decide right now to take action..No more waiting for tomorrow to make a decision to become financially independent. Procrastination has kept you poor to this point and it will continue to keep you poor unless you kill it and do it now. After all you are the one that let’s it live. Take action now.

About the Author:

Bank Owned Property A Quick Story

Tuesday, July 1st, 2008
by Steven McCarthy

Have you ever considered bank owned property, for investing? Foreclosure investing will comprise buying a home after the original mortgagor defaults and loses ownership of the property. If you’re thinking about getting into foreclosure investing then you must be the kind of person who is interested in researching a properties history and doing minor repairs to increase the profit potential of your investment property.

This is a very serious problem for the mortgage lenders as well as the property owner. The lender want’s to regain the money tied-up in the property. The home owner has bill’s piling up, they are missing payments and praying for a miracle before they hit rock bottom and lose everything.

When you think about it, where else can you buy property with such a deep discount except in foreclosure investing. Banks are trying to recover the money they have wrapped up in the property, they are not trying to sell real estate for profit. They do not want them on their hands, but need to get rid of them. You are able to find really great deals. There are even some homes that are priced the same as apartments.

Finding a foreclosed property is easy. Nowadays there are many different sources you can go to. Usually in the newspaper there is a number to call to get local listings. There are also commercials on television which give you the toll free number to call. A faster way to get an idea of the bank foreclosure properties in your area or anywhere in the country is to go to the “online resources page” of http://www.foreclosurehowtobuy.com

Besides the price and availability of bank owned properties, they also make owning a home more affordable. The prices for homes have fallen, yet still remains out of reach. You may need a single family home, but cannot find one that fits your pocket. Foreclosures are basically bad news for some and good news for others. For the savvy investor, these are the days when investment properties are not only abundant, but priced to sell.

Don’t underestimate the cost of repairs. You should get estimates from a couple of well established contractors. Don’t forget that repairs on a home will take time. If your plan is to sell the house, factor in the time it will take to fix it up. Remember contractors are notorious for not staying on schedule. Try to find a reliable contractor that you like to work with, by using the same contractor on many different properties you will find they understand what your trying to do and the work will go much smoother.

If your pre approved for a mortgage loan, especially with the bank your attempting to buy the bank owned property from then the process will go much smoother and faster. As I have said before banks are in the money lending business not the real estate business, so they want the money owed them for the property, so they can make loans with it and earn interest payments.

So bank owned property will frequently need some minor repairs, upgrades or improvements that the investor can make which will increase the selling price of the property. Another way the investor can increase their profit margin is by reducing the cost of acquiring the property. An alternative way to do this is to buy bank owned property.

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Show Me the Money: Online Payment System for Speedier Transaction

Saturday, May 10th, 2008
by Dark Sith

The technological advancement of businesses and industries have pushed for the efficiency of every possible transaction. Nowadays, almost every type of transaction can be done over the internet, which is more convenient and a lot faster than going through the manual processes. If you make use of all the online payment systems available for your business, you will have more time to focus on raking-in profits. Remember, time is gold in business and you will have plenty of more time to work with, if you fully utilize the online advantage.

The online payment systems available for you are the online checking account, third party processors and merchant accounts. You should select the best payment scheme for your company if you want to completely maximize the benefits.

In online check payment, customers who have a checking account can pay through this method. If you choose this method, you need to provide your checking account number and routing information to process your payment. This method has wide customer base because it is more likely that one can find someone with checking account and no credit card, rather than someone with credit card but no checking account. This method can also connect with existing business checking account and you won’t need to open another banking account.

The second online payment system is the third party processors. They allow online shops to accept credit card payments but they do not have to open their own merchant accounts. What happens is that these third party processors perform the transactions for the credit cards using their own merchant accounts. They then charge a portion or percentage of the transaction and other fees to the online shops. These fees are of course higher than the online shop will pay if they had their own merchant account. However, obtaining one entails inconvenience, which is why most do not have. An example of a third party processor is PayPal.

Given these three online payment options, you should carefully weigh the requirements of your business before selecting a payment scheme. If you select the system that works best with your company, you can enjoy its convenience and the advantages that it can give to you and your business.

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Daily Affirmations - Use Them to Create More Money!

Saturday, May 10th, 2008
by Kaylie L Holbrook

Did you know that you can increase your cash flow by implementing daily affirmations into your life? Money is a necessary function of our lives today, but it seems like most people don’t have enough to fulfill their desires. Using positive statements about money can improve your money energy, which will in turn create more money in your life.

Whatever you focus on comes to you more abundantly– thoughts create reality. Using daily affirmations can help your thoughts be more positive so that your life becomes more positive.

If you are constantly focused on how poor you are and what bills you have, you will see more and more bills show up in your life. On the other hand, if you focus on the income that you have and the things that you are grateful for, more abundance of wealth will be created in your life.

Repeating positive affirmations to yourself each day is a perfect way to focus on the income that you have and the income that you desire. But, you must really feel what you are saying. Instead of the mindless repetition, you should think about how it feels to have what you desire. It is also important that you have the statements phrased correctly so that you are creating the right thing.

It is exciting to see the changes that will come about in your life by using daily affirmations, you really can make a difference!

Even if you do not believe that daily affirmations will make a difference in your life, give it a try. Start with something small, and when you see that your thoughts do indeed become a reality your possibilities will be endless and you will be able to have more of what you want.

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