Wednesday, June 20, 2007

Real Estate and Wealth Expos

Going to local conferences and classes can be great way to learn more about different real estate and wealth building opportunities. Most people don’t take advantage of these great opportunities which makes them an even better deal for you.

You may see many advertisements in your paper or on TV for free or low cost real estate or wealth building meetings in your town. I encourage you to take advantage of these opportunities at every chance you get.

Many people blow these meetings off as useless sales pitches, but if you get just one idea from it and you can make money from it, they are worth it. A lot of people don’t go to these meetings because there is inevitably a sales pitch at the end. I admit that I don’t like these parts of the programs myself, but usually I can get one or two ideas that can really help me in my part-time business.

{The best time to get started is now with the Ultimate Wealth Package}

Another advantage of going to these meetings is to meet like minded people who are also looking to increase their knowledge and build wealth. Networking with these people can lead to partnerships or mentoring opportunities. Ask other people around the room what their plans are or what they do to earn extra income. Find out how the guy next to you managed to buy his first rental property.

In order to get wealthy in your lifetime you must look for opportunities to expand your income. You won’t get wealthy by trying to save money or by using coupons. You need to find a cash machine so that you can take that cash and reinvest it into wealth building assets.

Tuesday, June 19, 2007

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

Saturday, June 16, 2007

Outsourcing Routine Home Based Business Work and Your Laundry

Outsourcing has been getting a lot of buzz lately due to the release of the Four Hour Work Week.

If you haven't read this book I encourage you to read it. Many people read the title and immediately blow it off saying that it is impossible. But I encourage you to read it because it can give you some great tips on doing things more effectivley.

One thing he talks about is outsourcing things that you need to do on a daily or weekly basis that are routine.

I'm looking into this and will let you know what I do and how I do it.

In the Four Hour Work Week Tim Farris also goes into how to generate more income so you can only work four hours a week. I found this area to be a little week, there is much better information in the Ultimate Wealth Package, and it has more details on how to impliment some of the ideas.

Thanks,

Luke

Friday, June 15, 2007

Reinvest in Your Business

Many people first starting out in a home based business have trouble making money, in fact most don't even make money.

Well if you are one of the lucky few like me, I encourage you to reinvest some of your montly earnings back into your business.

{Don't let others have all the success find out how Mark does it}

What do you reinvest your money in?

Well I tell people if you want your website or business to be scalable into a larger company you need to invest in systems or outsource some of your work so you can focus on the parts of the business you absolutely need to do yourself which is likely the most important parts.

Each month look for possible outsourcing companies, or computer programs to help you work faster and more efficient.

Most people have a business that never really makes it past the point of being a hobby because they don't think of how to grow their business.

Thanks,

Luke

Wednesday, June 13, 2007

You Need a Home Based Business Plan

A home based business plan is essential for you even if you think you don't need one.

A home based business plan can be as little as one paragraph. Many people think business plans have to be very complicated, many pages, or are for only large companies.

A business plan is there to help keep you on track.

I guarantee you that you will accomplish more in less time if you have a written plan for your business.

Just get started even with one paragraph and a one month action plan. Later expand that to one year.

No matter if you choose to get started doing paid surveys or get the wealth building package, you will benefit and make more money when you decide how much money you want to make each month.

Start with a reasonable goal and work up. People who sell home based business products often promise thousands of dollars a month which is unreasonable when starting out. Aim for just making 10 or 100 dollars the first month and then each month after that aim for a higher amount.

to your success,

Luke

Tuesday, June 12, 2007

Your Boss Thanks You For Working So Hard!

Why do you work harder for your boss than yourself?

Recently I asked myself this question and decided that in order to become financially free I need to start working harder for myself.

I encourage you to do what I'm doing because little changes add up to big results.
What I did was start getting up an hour earlier each day and started working on my own streams of income. I started out doing paid surveys which is eash money to start with, and then moved onto other streams of income as discussed in a book I bought called Multiple Streams of Income.

As first I was not making much, but it is like that in any business at first. But after a few months now I'm making over $500 dollars a month, and some months almost $1000 dollars.

Now this amount of money may not seem like a lot but if you consider that it continues to increase each month it will seem like a lot.

Also if you save all this extra money for retirement you will be able to retire years earlier just for getting up one hour early.

The paid surveys and multiple streams of income programs might claim to make you rich but it will likely not happen, but if it can give you an extra thousand dollars a month after a few months of initial work isn't it worth it?

Saturday, June 9, 2007

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.