True Wealth

What is true wealth and how do we get it? It is easy to look up the definition of wealth in the dictionary but you need to define what true wealth is for yourself.

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In the opinion of a lot of people true wealth means not having to work for money, and not having to worry about money. A lot of people say you shouldn’t work for money, and by that most people say that you shouldn’t be working for a paycheck.

A lot of people find it frustrating when people say they shouldn’t work for money, but then how do we get money in the first place? It does take work to make money. What your goal should be if you are after true wealth is cash machines that once set up and beginning to function can work for you even if you are not working.

These cash machines can be any business that you create, buy, or franchise. There are all different types of cash machines. One of the easiest ways to get your own cash machine up and running is to start a business that takes advantage of skills that you already know.

Most people say do what you love, but what if you don’t know what you love, or even worse you don’t know how to make money off of it. That is why you need to focus on a business that takes advantage of skills you already know to get money coming in faster.

Get started today on creating true wealth in your life. To do that you need to start working for yourself, at least part-time in the beginning.

Luke Blaise

Perfect Wealth Formula

HAPPY FOURTH OF JULY!

Is there a perfect wealth formula? If so what is it and is there a right one for everyone?

The perfect wealth formula does not exist, as you may have already found out. The wealthy are not keeping it a secret, and no one is hiding it from you. You have to find your own perfect wealth formula.

So how do we come up with your own perfect wealth formula? Through trial and error. There are lots of possible ways to get wealthy out there. The easiest way is to start your own business doing the same skills that you are getting paid for right now.

{Get Started On the Road To Wealth With Multiple Streams of Income}

Most people think doing what they love is the way to wealthy, and it can be, but it not the quickest way. Do what you know, and the money will come in faster.

One example of a perfect wealth formula that someone could use would be this: In year one start several websites and get them generating cash for you. Then in year two you can take the cash that you earned from these websites and use the money as a down payment on a rental property. Then in year three you take any equity you have in the house and use it as a down payment for a Laundromat.

There are over a million ways to become wealthy. It is hard to find the perfect wealth formula for yourself, which is why you should start looking right now.

Action is the key to becoming wealthy. Intelligence or education rarely have anything to do with who becomes wealthy, it usually comes down to action, not finding the perfect wealth formula.

Luke Blaise

A 5 Year Plan to Multiple Streams of Wealth

Wealth building can be great fun, but sometimes our plans don’t always go as planned, that is why starting multiple streams of income is a great idea.

Multiple streams of income simply means having several sources of cash coming in. These could sources of income could be from anything. These sources could be websites, real estate, and Laundromats. This list is huge.

You should try to add one more source of income to your life every year. For instance you could just focus on building cash producing websites this year, and then next year focus on buying your first piece of real estate.

By only focusing on one source of wealth per year you can devote the time needed to get your endeavor up and running before moving on to the next one.

Write up a five year plan and pick five streams of income you want to bring into your life. You can also piggyback some of them so you can get the next one up and running.

For example, in year you could spend earning money online and then at the end of year one use that money earned to put down towards your first income producing property. Then at the end of year two you could take any equity out of your house to put down towards a Laundromat. The ideas are endless.

Start today and come up with a 5 year plan. Everyone has fear when they first start wealth building, even the wealthy still have fear, but they have learned to act in spite of it. Start your 5 year multiple streams of wealth plan now!

Luke Blaise

Wealth Building: Creating Wealth From Home

Creating wealth from home is something everyone wants to do. But few people actually try and even fewer people succeed. So how can be we beat the odds and create wealth at home?

For most people trying to create wealth is something they don’t put much effort into and don’t devote time to. In order to create substantial wealth in your lifetime you need to devote yourself to this pursuit. Set aside a set amount of time each day to focus on your wealth building endeavor.

{Get Started Doing Multiple Streams of Income Right Away, Cover All Bases To Ensure Success}

Also once you decide you want to build wealth at home you need to have a written plan about how you will achieve it. Putting your goals and dreams on paper will make them more concrete, and it will help motivate you more. Another reason for writing the goals on paper is you can’t keep changing the bar. Some people as they start achieving success start raising the bar higher and higher and never reach their goal simply because they continually raise the bar.

The most important step when is comes to creating wealth at home is action, lots of action. This is where most people fail. Most people will get their home office all set up with supplies, and have a nice little business plan, but they sit there. You can’t sit there. You need to take action!

Just one thing won’t create wealth, you need to devote time to your pursuit, develop a good plan, and finally take action. Without one or the other, your wealth building at home plan won’t work.

Good Luck,

Luke Blaise

Building Wealth: Getting a Cash Machine

Building wealth is easy once you get a cash machine. What is a cash machine? Well it’s not some magical machine, its something every one of us can build.

A cash machine is a business that you start or buy that generates income for you. The easiest way to get this cash machine is to build a business around skills you already have.

Don’t worry if what your skills are exactly what you love doing, because you need to focus on getting your business up and running quickly.

For example if you are an accountant, see if you can get some independent jobs on the side, either at night or on the weekend. Actively try to solicit work as an accountant and if you have extra work give it to a friend and charge them a finder’s fee.

Even if you don’t love being an accountant, by doing what you already know you can build a cash machine faster.

If you don’t want to build a cash machine you can buy one. This could most likely come from franchises. There are dozens, even hundreds of franchises you can buy for under $1,000.

Start today to get at least one cash machine up and running within the next three months. Then take that cash and keep reinvesting it into other assets, this is the best wealth building plan.

A lot of people get caught up in the details of trying to come up with a detailed business plan, but don’t get caught up in the little details, start right now. Building wealth requires large bold steps, start today.

Luke Blaise

Secrets of the Wealthy

Do you want to build real wealth in your lifetime? Wealth building skills can be learned just like any other skill. So what are the wealth building secrets of the wealthy?

Most often you hear that people say that the secret of the wealthy is the ability to pay yourself firs, but that is too basic. We want real wealth.

Paying yourself first is often the most quoted way to build wealth, but what else is there? Well I think one thing the wealthy do is that they play the money game to win. Middle class people play the money game not to loose. Lower class people aren’t even aware that there is a money game.

The true secret to getting wealthy is expanding your income. You won’t become wealthy by thinking of ways to budget your income better.

Instead of spending weeks trying to get a great deal on a new car that time would be better spent thinking and putting into action plans that will increase your income.

[Resolve to start building multiple streams of income for yourself!]

Start right now to identify your interests or skills that could be used to earn extra income in addition to your regular work. It could be as simple as typing, or more complex like doing extra consulting work on the side.

Remember just an extra $135 dollars a day translates into $50,000 a year. If you reinvest that income into wealth building assets you can achieve real wealth in your lifetime.

Luke

You Get What You Plan For

Most people will never accumulate the level of wealth they want for two reasons.

1. They only want to get rid of their debt.

Getting rid of debt is a great goal, but often times it ends there. If your goal is to get to nothing, nothing is what you are going to get. Your goal should be for an abundant life of wealth. By having a goal of wealth, not just the absence of debt, you can start to achieve wealth.


2. They don't have written goals.

The simple act of writing your goals out on paper, while it might seem unimportant, has proven to be very powerful. Often times people don't write goals simply because they aren't into that personal development stuff. But let me tell you that it is very powerful.

Remember by taking little steps each day towards wealth you can achieve it. Something even as minor as reviewing your goals or reading this blog counts as a step.

Another small step could be purchasing a great wealth program like the Ultimate Wealth Package.

To your success.

Luke.