You gotta love that question and why so many get stuck on replying to people who ask it.
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link to my income disclosure
I know a lot of you who come here are looking for ideas to starting your own business. That's fine and grand. I understand why and am doing the same.
But……
There is one HUGE difference in the way I approach my business and those that read my blog or attend my bootcamp trainings.
I'm like the every other guy you knew in school. Did okay in school, but rather would be outside playing or doing something else besides sticking my nose into a book.
Look, I get that. I understand the dread to “learning something new”.
But here is the deal and if you have never heard of this then please absorb this.
If you hate your job, if you hate your income, if you hate not buying things, if you hate being in debt, if you hate not being able to travel, if you hate not being able to give back to the community, if you hate not tithing, if you hate not being able to build water wells, if you hate not being able to sponsor a needy child, if you hate not being able to pay you college loan off, if you hate not being able to pay for your kids tuition, if you hate not buying a new ride, if you hate not being able to take care of your parents and inlaws……
List can go on and on and I know for a fact many of you complain all day about finances but I've seen you sit at home with a beer in your hand watching TV for 4 hours a night. Really?
That's what it has come to?
Hey, I vegetate too but not to every single night while letting the important things in life just get swept under the rug with a buzz to soothe you through the night.
I'm not here to mold minds or make you want it.
YOU have to want it.
Just because you want to change your habits doesn't mean you will be instantly successful. Buying into a business doesn't mean you will start rolling in money the next day.
Unlike a 8-5 job, a business is one where you must run it like a machine. Give it what it needs and grow it. Scale it up. Multiple your success.
If your starting your own business I Highly suggest you learn how to market that business. I don't care what business your in, but if you think you can have a high rate of success just because the product or service can sell itself then your in for a rude awakening.
You need traffic and you need customers.
How?
Generate Traffic to a website. Generate Traffic to your selling point. Generate Traffic to your high converting sales pages.
But it all boils down to
Traffic is key to starting your own business.
I wanted to share a picture I took of one of my websites.
502% traffic jump
If your looking for traffic you want to see that your getting bigger and bigger and eventually popping the top and exploding.
This is just one of my businesses and can be done by anybody who is hungry to learn.
Before you go and tackle the details of how I did the above I would recommend that you invest time into learning the basics of how a business runs online, especially if your a small home business.
If we are talking about the best business to start why would I go into a Yoda like phrase of “Start Within”.
Well, there are a couple of reasons why but let's focus our force… Okay… I'll cut the Yoda talk.
Regardless of the business most successful ones are run by highly motivated people who have succeeded in their past life
Sam Walton Is the Man
experiences. Be it from real estate to stock trader the person driving the ship, the captain, normally has some special skills they have developed over time that allows them to be successful.
Of course you will have the ones that have no skill set except have a ton of money but that in itself has it's own particular traits. Being an investor takes a lot skills that most people don't have like for one… Balls.
If your new to working for yourself and you have always had someone “boss you around” and your looking for an outlet I would highly recommend before you start looking for that best business to start to go ahead and start to invest in yourself.
You need to figure out what makes you tick. Having passion for a business goes a long way. Sure it's not necessary but most businesses fail because of the lack of cash flow but if you have a passion for your industry you will stick in for the long run.
The only other way around build a business where you don't have a passion for it is if it's sustainable. So that it can grow and eventually take on a life of it's own while being for the most part cash positive. Continue reading
So many people these days are looking for the magical unicorn, bright rainbow, and killer lottery ticket when instead of investing into properties that are doomed to fail here is what to invest in – Yourself!
It should be no secret if you have been reading my website for awhile that I'm a huge proponent of learning. Not to say college is necessary but man it sure does open your mind up to other possibilities.
If your looking to step out and change your financial future what one must understand is to be able to live the
life you “wish” you wanted you better prepare yourself first. Sounds out and kind of like the chicken and the egg scenario but I would rather you prepare yourself with a proper mindset about money vs being one of those lottery winners who burn through their winnings and actually end up worse than before.
So how does one invest in themselves these days? Well for starters are you reading or at listening to books? There is a wealth of information in a place so secretive that an estimated 68% of the population probably has access to but never even go.
What is it?
A library card 😉
Yeah, it's funny how many people who don't have a free library card and others who do yet never even go. Then I get countless questions on what to read and how to be a better business person.
Well, for starters you can dig through the library or get what you can off the internet. Here is the problem with the internet.
Distractions.
If your reading a book or listening it on cd/tape for the most part there are NO commercials, banners, pop ups, instant messaging, email pop ups….. distractions. When your on the computer your constantly trying to stay focused and this is one of the reasons why so many of my top students get their trainings in a binder, pdf, or hard copy and get OFF the computer.
You might thin it's harmless and I fall into the trap all the time but wasting time on the computer doing non productive activities towards your business is deadly to your wallet.
What to invest in for reading material?
I would start there. Probably can pick up a super cheap used copy or just go to the library. If your that neat freak person who needs to buy it you can support this site by clicking on the picture of the book above 😉
When your ready to take the next step in your education.
I would highly recommend you understand how money works and how it can work for you. Do you think the rich get richer by working overtime? Do you think they get richer by having the slogan “I can't afford that business benefit”. Do you think the rich have an excuse for everything?
Nope.
They make it happen and the majority of them leverage time and money to do it.
This is what I recommend because it details what Tim Ferris like to call “The New Rich”.The secret to learn what to invest in is the ability to understand what works and going through trial and error without your own money.
Ditto for real estate. Sure, you can risk your money on something that can be up one day and way down the next. Or you can do what Mike Dillard did, and increase your wealth by up to 280%.
In the current economy, taking the extra time to ferret out the good investments is essential for protecting and growing your money. Mike Dillard discovered the secret to becoming a millionaire by the age of 26, building two successful publishing companies that produced $15,000,000 in combined revenue. He has since retired from the publishing industry and wants to share his secret for financial independence with people like you.
Here is a my personal take from being a member for some time now – The Elevation Group Review.
If your ready to take on the next challenge of getting out of the rat race and actually having money work for you take the next step and watch the 90 minute presentation below by clicking on the banner below:
