Tuesday, February 19, 2008
Wealth Creation
Wealth is a general term that translates into a wide variety of terms that mean different things to different people. From the old English word "weal", this meant "well being". This word was used to describe the ownership of physical qualities a person or group had ownership of.
Today, this word as become more expansive to include not just possessions, but also different states of mind and being.
To have a wealth of knowledge about a subject is to say someone has a lot of experience with it. Yet, when most individuals think of wealth, they think about riches, money and a lucrative lifestyle.
Especially in the western world, "wealth" usually represents money, cold hard cash and everything this money can buy. This word "wealth" is relative to and varies between countries and societies. It also varies between regions and sectors within the countries and societies. It is safe to say "wealth" is a difficult word to define by itself. This word is implied and attached to more information to mean more than it's sum total.
It might be helpful to understand that wealth might represent money, yet true wealth can only be associated with what money can buy. Money of itself is nothing more than printed paper and coins made of metal. When money stands by itself, it is not true wealth, money is only the yardstick. Money represents wealth because of what it can do. It could be said that money is a tool for attaining wealth.
If it helps you to think of money as real wealth, then you are not alone. This is a condition most of us are afflicted with. Mr. Drysdale was the banker on that old TV show called "The Beverly Hillbillies". Mr. Drysdale loved to go into his bank vault and play with the all of the money. This crazy banker wished all of the money was his because he loved money for money's sake.
Remember, it is us that puts the value on money. It is the same thing with gold and diamonds. Diamonds are very expensive to buy with money. Diamonds are very beautiful stones, precious stones. Most people will buy diamonds in their jewelry simply because of what the diamonds represent. A woman receiving a diamond engagement ring from her sweetheart, usually will sneak off to a jewelers shop later to have the diamond appraised. They want to know how much the diamond is worth in currency.
Why all of the attention to money and it's relationship to wealth? Because it can be important to realize when you are setting goals for creating wealth that money, by itself, may not be your intended target. Your target is what wealth means to you.
Wealth creation might be your desire to have an abundant life. Again, this can mean different things to different people. We are all different yet the same with our deepest desires. We want our lives to be happy and fulfilling, yet we individually have different dreams about what true wealth means to us.
With that all said, there is nothing wrong about equating money to wealth. Money is not the root of all evil. Money will certainly help you attain a better lifestyle for you very quickly. It is also alright to want a lot of money. The world runs on this currency principle in some very real ways. Will money buy you love? It might not hurt it any.
Wealth creation is deliberate creation using intent. You must intend to be wealthy. This helps to engage the Law of Attraction in your life by bringing wealth to you. This Law of Attraction is always at work. The Law engages your belief system. If you believe you are living a life of sadness and turmoil, then you attract more of this into your life.
Sometimes people do not believe they deserve to be rich. You need to realize that everyone deserves this life. There is enough for everyone, more than enough to go around. Our belief systems of being undeserving stop us from allowing the Law of Attraction from working in a positive way.
When your truest intention is focused on creating wealth, then you are focused in this state, believing you deserve this wealth. Start unblocking these scarcity ideas you might have about yourself by realizing the good things you have right now and being grateful for them. Gratitude is a state of mind that eliminates the negative and reinforces the positive. These are the beginning stages to take creating wealth.
Today, this word as become more expansive to include not just possessions, but also different states of mind and being.
To have a wealth of knowledge about a subject is to say someone has a lot of experience with it. Yet, when most individuals think of wealth, they think about riches, money and a lucrative lifestyle.
Especially in the western world, "wealth" usually represents money, cold hard cash and everything this money can buy. This word "wealth" is relative to and varies between countries and societies. It also varies between regions and sectors within the countries and societies. It is safe to say "wealth" is a difficult word to define by itself. This word is implied and attached to more information to mean more than it's sum total.
It might be helpful to understand that wealth might represent money, yet true wealth can only be associated with what money can buy. Money of itself is nothing more than printed paper and coins made of metal. When money stands by itself, it is not true wealth, money is only the yardstick. Money represents wealth because of what it can do. It could be said that money is a tool for attaining wealth.
If it helps you to think of money as real wealth, then you are not alone. This is a condition most of us are afflicted with. Mr. Drysdale was the banker on that old TV show called "The Beverly Hillbillies". Mr. Drysdale loved to go into his bank vault and play with the all of the money. This crazy banker wished all of the money was his because he loved money for money's sake.
Remember, it is us that puts the value on money. It is the same thing with gold and diamonds. Diamonds are very expensive to buy with money. Diamonds are very beautiful stones, precious stones. Most people will buy diamonds in their jewelry simply because of what the diamonds represent. A woman receiving a diamond engagement ring from her sweetheart, usually will sneak off to a jewelers shop later to have the diamond appraised. They want to know how much the diamond is worth in currency.
Why all of the attention to money and it's relationship to wealth? Because it can be important to realize when you are setting goals for creating wealth that money, by itself, may not be your intended target. Your target is what wealth means to you.
Wealth creation might be your desire to have an abundant life. Again, this can mean different things to different people. We are all different yet the same with our deepest desires. We want our lives to be happy and fulfilling, yet we individually have different dreams about what true wealth means to us.
With that all said, there is nothing wrong about equating money to wealth. Money is not the root of all evil. Money will certainly help you attain a better lifestyle for you very quickly. It is also alright to want a lot of money. The world runs on this currency principle in some very real ways. Will money buy you love? It might not hurt it any.
Wealth creation is deliberate creation using intent. You must intend to be wealthy. This helps to engage the Law of Attraction in your life by bringing wealth to you. This Law of Attraction is always at work. The Law engages your belief system. If you believe you are living a life of sadness and turmoil, then you attract more of this into your life.
Sometimes people do not believe they deserve to be rich. You need to realize that everyone deserves this life. There is enough for everyone, more than enough to go around. Our belief systems of being undeserving stop us from allowing the Law of Attraction from working in a positive way.
When your truest intention is focused on creating wealth, then you are focused in this state, believing you deserve this wealth. Start unblocking these scarcity ideas you might have about yourself by realizing the good things you have right now and being grateful for them. Gratitude is a state of mind that eliminates the negative and reinforces the positive. These are the beginning stages to take creating wealth.
World’s Rich Keep Getting Richer…
The rich club is becoming less and less exclusive, figures show
The world’s richest people have increased their wealth at the fastest pace in seven years, a report suggests.
Merrill Lynch and Capgemini reported that the total wealth of high-net worth individuals rose 11.4% to $37.2 trillion (£18.6 trillion) in 2006.
There were 9.5m people with assets of more than $1m (£500,000), while the number of super-rich, with assets in excess of $30m, was 94,970.
The report comes amid concerns that the gap between rich and poor is widening.
Spending power
In previous weeks, a number of policymakers and high profile bankers have warned that the world’s poor risk being left behind.
A number of factors have combined to make people wealthier.
Firstly there has been steady economic and corporate profit growth in developed nations such as the UK and US, and a recovery in Japan and Germany.
Secondly, emerging economies including China and India have been powering ahead, while Russia and many other producer nations have been benefiting from record commodity prices.
At the same time, a shift in financial markets and a boom in the number of takeovers and mergers has helped boost shares and bonuses for workers in the City of London and on Wall Street.
The UK saw the number of its high net worth individuals climb by 8.1% to 484,580 in 2006, the report said.
The UK is now home to 16.7% of Europe’s high net worth individuals.
In Germany, the rate of growth was 4.1% and in France it was 6%.
China and Russia were among the top 10 fastest growing countries, with high net worth individuals up by 7.8% in China and 15.5% in Russia.
Singapore was another nation that saw its rich club expand quickly.
The world’s richest people have increased their wealth at the fastest pace in seven years, a report suggests.
Merrill Lynch and Capgemini reported that the total wealth of high-net worth individuals rose 11.4% to $37.2 trillion (£18.6 trillion) in 2006.
There were 9.5m people with assets of more than $1m (£500,000), while the number of super-rich, with assets in excess of $30m, was 94,970.
The report comes amid concerns that the gap between rich and poor is widening.
Spending power
In previous weeks, a number of policymakers and high profile bankers have warned that the world’s poor risk being left behind.
A number of factors have combined to make people wealthier.
Firstly there has been steady economic and corporate profit growth in developed nations such as the UK and US, and a recovery in Japan and Germany.
Secondly, emerging economies including China and India have been powering ahead, while Russia and many other producer nations have been benefiting from record commodity prices.
At the same time, a shift in financial markets and a boom in the number of takeovers and mergers has helped boost shares and bonuses for workers in the City of London and on Wall Street.
The UK saw the number of its high net worth individuals climb by 8.1% to 484,580 in 2006, the report said.
The UK is now home to 16.7% of Europe’s high net worth individuals.
In Germany, the rate of growth was 4.1% and in France it was 6%.
China and Russia were among the top 10 fastest growing countries, with high net worth individuals up by 7.8% in China and 15.5% in Russia.
Singapore was another nation that saw its rich club expand quickly.
Monday, February 18, 2008
Quote of the Day
“Even if you're on the right track, you'll get run over if you just sit there.”
--Will Rogers
--Will Rogers
What Network Marketing is NOT
There are so many misconceptions flying around out there about what network marketing is or is not. Let's take a few seconds to review what network marketing is NOT.
Network Marketing is NOT an Illegal Pyramid scheme
Pyramid schemes and network marketing are not the same thing in any way shape or form. A pyramid schemes is illegal and network marketing is not. Pyramid schemes are illegal financial engines where there are no products or services being sold. Pyramid schemes are just an opportunity to redistribute money from one person to another.
Network marketing on the other hand is a legal business model where real and legitimate products and services are distributed between large networks of customers.
Network Marketing is NOT a way to get rich quick
Although some may advertise certain network marketing opportunities with a get in now and be rich in 5 minutes type hype that never happens. If you ever hear of someone getting into a network marketing opportunity and having immediate success it's because they had some sort of prior experience that set them up for that success. In general it takes 5 - 7 years of committed business building to get those large checks that so many of use out there want. If you want to get rich network marketing can definitely help you make that happen, but I assure you it's not going to be as quick as you think.
Network Marketing is NOT just for salespeople
Some people may falsely believe that network marketing is just for salespeople, but that's just flat out wrong. In the past, network marketing was much more of a salesperson's game, but today with the advent of the internet and automated marketing system the system does the selling. All an aspiring network marketer must do is get leads into their system and then teach their downline how to do the same. Today, network marketing really is much more of a sorting process.
Network Marketing is NOT for lazy people
Many people get into network marketing with the thought that all they have to do is find a couple of people and then just kind of sit back and watch the checks come in. This couldn't be further from the truth. If you ever meet anyone that is extremely successful at network marketing you will soon see that they are some of the hardest working people that you will ever meet.
Network marketing takes a lot of work. A whole lot of work for what seems to be very little reward when you first start. In order to truly be successful in network marketing you must work hard to expose your opportunity to as many people as you can. After the big checks start coming in you can work a little less, but you have to work extremely hard to get those big residual checks.
That's it. I hope I was able to clear a few things up for you.
Network Marketing is NOT an Illegal Pyramid scheme
Pyramid schemes and network marketing are not the same thing in any way shape or form. A pyramid schemes is illegal and network marketing is not. Pyramid schemes are illegal financial engines where there are no products or services being sold. Pyramid schemes are just an opportunity to redistribute money from one person to another.
Network marketing on the other hand is a legal business model where real and legitimate products and services are distributed between large networks of customers.
Network Marketing is NOT a way to get rich quick
Although some may advertise certain network marketing opportunities with a get in now and be rich in 5 minutes type hype that never happens. If you ever hear of someone getting into a network marketing opportunity and having immediate success it's because they had some sort of prior experience that set them up for that success. In general it takes 5 - 7 years of committed business building to get those large checks that so many of use out there want. If you want to get rich network marketing can definitely help you make that happen, but I assure you it's not going to be as quick as you think.
Network Marketing is NOT just for salespeople
Some people may falsely believe that network marketing is just for salespeople, but that's just flat out wrong. In the past, network marketing was much more of a salesperson's game, but today with the advent of the internet and automated marketing system the system does the selling. All an aspiring network marketer must do is get leads into their system and then teach their downline how to do the same. Today, network marketing really is much more of a sorting process.
Network Marketing is NOT for lazy people
Many people get into network marketing with the thought that all they have to do is find a couple of people and then just kind of sit back and watch the checks come in. This couldn't be further from the truth. If you ever meet anyone that is extremely successful at network marketing you will soon see that they are some of the hardest working people that you will ever meet.
Network marketing takes a lot of work. A whole lot of work for what seems to be very little reward when you first start. In order to truly be successful in network marketing you must work hard to expose your opportunity to as many people as you can. After the big checks start coming in you can work a little less, but you have to work extremely hard to get those big residual checks.
That's it. I hope I was able to clear a few things up for you.
Thursday, February 14, 2008
Quote of the Day
Decide what you want, decide what you are willing to exchange for it. Establish your priorities and get to work.
-- H.L. Hunt
-- H.L. Hunt
Wherever You Are, Be There
One of the major reasons why we fail to find happiness or to create unique lifestyle is because we have not yet mastered the art of being.
While we are home our thoughts are still absorbed with solving the challenges we face at the office. And when we are at the office we find ourselves worrying about problems at home.
We go through the day without really listening to what others are saying to us. We may be hearing the words, but we aren't absorbing the message.
As we go through the day we find ourselves focusing on past experiences or future possibilities. We are so involved in yesterday and tomorrow that we never even notice that today is slipping by.
We go through the day rather than getting something from the day. We are everywhere at any given moment in time except living in that moment in time.
Lifestyle is learning to be wherever you are. It is developing a unique focus on the current moment, and drawing from it all of the substance and wealth of experience and emotions that it has to offer. Lifestyle is taking time to watch a sunset. Lifestyle is listening to silence. Lifestyle is capturing each moment so that it becomes a new part of what we are and of what we are in the process of becoming. Lifestyle is not something we do; it is something we experience. And until we learn to be there, we will never master the art of living well.
To Your Success,
Jim Rohn
While we are home our thoughts are still absorbed with solving the challenges we face at the office. And when we are at the office we find ourselves worrying about problems at home.
We go through the day without really listening to what others are saying to us. We may be hearing the words, but we aren't absorbing the message.
As we go through the day we find ourselves focusing on past experiences or future possibilities. We are so involved in yesterday and tomorrow that we never even notice that today is slipping by.
We go through the day rather than getting something from the day. We are everywhere at any given moment in time except living in that moment in time.
Lifestyle is learning to be wherever you are. It is developing a unique focus on the current moment, and drawing from it all of the substance and wealth of experience and emotions that it has to offer. Lifestyle is taking time to watch a sunset. Lifestyle is listening to silence. Lifestyle is capturing each moment so that it becomes a new part of what we are and of what we are in the process of becoming. Lifestyle is not something we do; it is something we experience. And until we learn to be there, we will never master the art of living well.
To Your Success,
Jim Rohn
Paulson, Bernanke: No recession in '08
Treasury secretary and Fed chairman say rate cuts and rebates should keep economy out of downturn.
NEW YORK -- Federal Reserve Chairman Ben Bernanke and Treasury Secretary Hank Paulson both acknowledged problems in the U.S. economy on Thursday, but both said they believe the nation will avoid falling into recession.
In prepared testimony before the Senate Banking Committee, the head of the central bank and the Bush administration's point man on the economy said that steps taken already this year will be able to keep the economy moving forward despite the continued downturn in housing and troubles in credit markets.
"At present, my baseline outlook involves a period of sluggish growth, followed by a somewhat stronger pace of growth starting later this year as the effects of monetary and fiscal stimulus begin to be felt," said Bernanke in his opening statement, referring to a series of Fed interest rate cuts and a $170 billion tax rebate and stimulus plan signed by President Bush Wednesday.
But Bernanke conceded that banks are getting tighter in their lending standards, the housing and home building markets are likely to weaken further and the labor market may be softening.
"More-expensive and less-available credit seems likely to continue to be a source of restraint on economic growth," he said.
The Fed last month made two deep rate cuts: three-quarters of a percentage point at an emergency meeting, followed by half a point eight days later.
Bernanke said Thursday that the Federal Open Market Committee, its rate-setting body, was ready to act again if further economic reading justify it.
"The FOMC will be carefully evaluating incoming information bearing on the economic outlook and will act in a timely manner as needed to support growth and to provide adequate insurance against downside risks," Bernanke said.
Economy is 'fundamentally strong'
Paulson echoed frequent comments he's made in recent weeks that he expects slower growth but no recession, even with the problems faced by the economy.
"The U.S. economy is fundamentally strong, diverse and resilient, yet after years of unsustainable home price appreciation, our economy is undergoing a significant and necessary housing correction," he said. "The housing correction, high energy prices and capital market turmoil are weighing on current economic growth."
A number of closely watched economic readings in recent weeks, including the January jobs report and the reading on business activity in the service sector, have convinced a growing number of economists that the economy is already in recession.
Senate Banking Chairman Christopher Dodd, D-Conn., opened the hearing by saying that the economy was at the greatest risk of any time since the Sept. 11 terrorist attacks. He said further steps need to be taken, adding that the slowdown is due to a crisis of confidence among both consumers and investors.
Dodd was critical of some of the Bush administration's housing efforts, including the freeze on foreclosures announced this week by Paulson and some of the country's leading mortgage lenders.
"It is a lifeline more to lenders than to borrowers in my view," said Dodd.
Sen. Richard Shelby of Alabama, the ranking Republican on the committee, also said he's concerned about the state of the economy and pointed out that surveys show economists believe the chance of a recession now stands at close to 50-50.
"One thing that is now clear to all of us is the subprime mortgage problems are not contained," said Shelby.
Shelby said he had doubts whether the stimulus package would prove to be effective.
"Even if every consumer spends their $600 tax rebate, I've equated it to pouring a glass a water in the ocean and expecting it to make a difference," Shelby said. "I hope I'm wrong."
NEW YORK -- Federal Reserve Chairman Ben Bernanke and Treasury Secretary Hank Paulson both acknowledged problems in the U.S. economy on Thursday, but both said they believe the nation will avoid falling into recession.
In prepared testimony before the Senate Banking Committee, the head of the central bank and the Bush administration's point man on the economy said that steps taken already this year will be able to keep the economy moving forward despite the continued downturn in housing and troubles in credit markets.
"At present, my baseline outlook involves a period of sluggish growth, followed by a somewhat stronger pace of growth starting later this year as the effects of monetary and fiscal stimulus begin to be felt," said Bernanke in his opening statement, referring to a series of Fed interest rate cuts and a $170 billion tax rebate and stimulus plan signed by President Bush Wednesday.
But Bernanke conceded that banks are getting tighter in their lending standards, the housing and home building markets are likely to weaken further and the labor market may be softening.
"More-expensive and less-available credit seems likely to continue to be a source of restraint on economic growth," he said.
The Fed last month made two deep rate cuts: three-quarters of a percentage point at an emergency meeting, followed by half a point eight days later.
Bernanke said Thursday that the Federal Open Market Committee, its rate-setting body, was ready to act again if further economic reading justify it.
"The FOMC will be carefully evaluating incoming information bearing on the economic outlook and will act in a timely manner as needed to support growth and to provide adequate insurance against downside risks," Bernanke said.
Economy is 'fundamentally strong'
Paulson echoed frequent comments he's made in recent weeks that he expects slower growth but no recession, even with the problems faced by the economy.
"The U.S. economy is fundamentally strong, diverse and resilient, yet after years of unsustainable home price appreciation, our economy is undergoing a significant and necessary housing correction," he said. "The housing correction, high energy prices and capital market turmoil are weighing on current economic growth."
A number of closely watched economic readings in recent weeks, including the January jobs report and the reading on business activity in the service sector, have convinced a growing number of economists that the economy is already in recession.
Senate Banking Chairman Christopher Dodd, D-Conn., opened the hearing by saying that the economy was at the greatest risk of any time since the Sept. 11 terrorist attacks. He said further steps need to be taken, adding that the slowdown is due to a crisis of confidence among both consumers and investors.
Dodd was critical of some of the Bush administration's housing efforts, including the freeze on foreclosures announced this week by Paulson and some of the country's leading mortgage lenders.
"It is a lifeline more to lenders than to borrowers in my view," said Dodd.
Sen. Richard Shelby of Alabama, the ranking Republican on the committee, also said he's concerned about the state of the economy and pointed out that surveys show economists believe the chance of a recession now stands at close to 50-50.
"One thing that is now clear to all of us is the subprime mortgage problems are not contained," said Shelby.
Shelby said he had doubts whether the stimulus package would prove to be effective.
"Even if every consumer spends their $600 tax rebate, I've equated it to pouring a glass a water in the ocean and expecting it to make a difference," Shelby said. "I hope I'm wrong."
Wednesday, February 13, 2008
The check's in the mail...
This was released 2 hours ago EST.
WASHINGTON (AP) — President Bush has signed a multibillion-dollar economic rescue package that means $300 to $1,200 rebates for many American households.
Bush called the measure "a booster shot for our economy" to stave off a recession.
Several dozen members of Congress, including House Speaker Nancy Pelosi, stood on the stage behind Bush as he signed the bill.
WASHINGTON (AP) — President Bush has signed a multibillion-dollar economic rescue package that means $300 to $1,200 rebates for many American households.
Bush called the measure "a booster shot for our economy" to stave off a recession.
Several dozen members of Congress, including House Speaker Nancy Pelosi, stood on the stage behind Bush as he signed the bill.
Quote of the Day
"A man who dares to waste one hour of life has not discovered the value of life."
-- Charles Darwin
-- Charles Darwin
What Constitutes A Good Life?
The ultimate expression of life is not a paycheck. The ultimate expression of life is not a Mercedes. The ultimate expression of life is not a million dollars or a bank account or a home. Here's the ultimate expression of life in my opinion, and that is living a good life. Here's what we must ask constantly, "What for me would be a good life?" And you have to keep going over and over the list. A list including areas such as spirituality, economics, health, relationships and recreation. What would constitute a good life? I've got a short list.
1) Number one, productivity. You won't be happy if you don't produce. The game of life is not rest. We must rest, but only long enough to gather strength to get back to productivity. What's the reason for the seasons and the seeds, the soil and the sunshine, the rain and the miracle of life? It's to see what you can do with it. To try your hand, other people have tried their hand; here's what they did. You try your hand to see what you can do. So part of life is productivity.
2) Next are good friends. Friendship is probably the greatest support system in the world. Don't deny yourself the time to develop this support system. Nothing can match it. It's extraordinary in its benefit. Friends are those wonderful people who know all about you and still like you. I just lost one of my dearest friends. He died at age 53 - heart attack. David is gone, but he was one of my very special friends. I used to say of David that if I was stuck in a foreign jail somewhere accused unduly and if they would allow me one phone call, I would call David. Why? He would come and get me. That's a friend. Somebody who would come and get you. Now we've all got casual friends. And if you called them they would say, " Hey, if you get back, call me we'll have a party." So you've got to have both, real friends and casual friends.
3) Next on the list of a good life is your culture. Your language, your music, the ceremonies, the traditions, the dress. All of that is so vitally important that you must keep it alive. In fact it is the uniqueness of all of us that when blended together brings vitality, energy, power, influence, uniqueness and rightness to the world.
4) Next is your religion, your spirituality. It helps to form the foundation of the family that builds the nation. And make sure you study, practice and teach. Don't be careless about the spiritual part of your nature, it's what makes us who we are, different from animal, dogs, cats, birds and mice. Spirituality.
5) Next - here's what my parents taught me. Don't miss anything. Don't miss the game. Don't miss the performance, don't miss the movie, don't miss the show, don't miss the dance. Go to everything you possible can. Buy a ticket to everything you possibly can. Go see everything and experience all you possible can. That's what my parents taught me and it's served me so well to this day. Just before my father died at age 93 if you were to call him at 10:30 or 11:00 at night, he wouldn't be home. He was at the rodeo, he was watching the kids play softball, he was listening to the concert, he was at church, he was somewhere every night.
Live a vital life. Here's one of the reasons why. If you live well, you will earn well. If you live well it will show in your face, it will show in the texture of your voice. There will be something unique and magical about you if you live well. It will infuse not only your personal life but also your business life. And it will give you a vitality nothing else can give.
6) Next are your family and the inner circle. Invest in them and they'll invest in you. Inspire them and they'll inspire you. With your inner circle take care of the details. When my father was still alive, I used to call him when I traveled. He'd have breakfast most every morning with the farmers. Little place called The Decoy Inn out in the country where we lived in Southwest Idaho. So Papa would go there and have breakfast and I'd call him just to give him a special day. Now if I was in Israel, I'd have to get up in the middle of the night, but it only took five minutes, ten minutes. So I'd call Papa and they'd bring him the phone. I'd say, "Papa I'm in Israel." He'd say, "Israel! Son, how are things in Israel?" He'd talk real loud so everybody could hear - my son's calling me from Israel. I'd say, "Papa last night they gave me a reception on the rooftop underneath the stars overlooking the Mediterranean." He'd say, "Son, a reception on the rooftop underneath the stars overlooking the Mediterranean." Now everybody knows the story. It only took 5 - 10 minutes, but what a special day for my father, age 93.
If a father walks out of the house and he can still feel his daughter's kiss on his face all day, he's a powerful man. If a husband walks out of the house and he can still feel the imprint of his wife's arms around his body he's invincible all day. It's the special stuff with the inner circle that makes you strong and powerful and influential. So don't miss that opportunity. Here's the greatest value. The prophet said, "There are many virtues and values, but here's the greatest, one person caring for another." There is no greater value than love. Better to live in a tent on the beach with someone you love than to live in a mansion by yourself. One person cares for another, that's one of life's greatest expressions.
So make sure in your busy day to remember the true purpose and the reasons you do what you do. May you truly live the kind of life that will bring the fruit and rewards that you desire.
To Your Success,
Jim Rohn
1) Number one, productivity. You won't be happy if you don't produce. The game of life is not rest. We must rest, but only long enough to gather strength to get back to productivity. What's the reason for the seasons and the seeds, the soil and the sunshine, the rain and the miracle of life? It's to see what you can do with it. To try your hand, other people have tried their hand; here's what they did. You try your hand to see what you can do. So part of life is productivity.
2) Next are good friends. Friendship is probably the greatest support system in the world. Don't deny yourself the time to develop this support system. Nothing can match it. It's extraordinary in its benefit. Friends are those wonderful people who know all about you and still like you. I just lost one of my dearest friends. He died at age 53 - heart attack. David is gone, but he was one of my very special friends. I used to say of David that if I was stuck in a foreign jail somewhere accused unduly and if they would allow me one phone call, I would call David. Why? He would come and get me. That's a friend. Somebody who would come and get you. Now we've all got casual friends. And if you called them they would say, " Hey, if you get back, call me we'll have a party." So you've got to have both, real friends and casual friends.
3) Next on the list of a good life is your culture. Your language, your music, the ceremonies, the traditions, the dress. All of that is so vitally important that you must keep it alive. In fact it is the uniqueness of all of us that when blended together brings vitality, energy, power, influence, uniqueness and rightness to the world.
4) Next is your religion, your spirituality. It helps to form the foundation of the family that builds the nation. And make sure you study, practice and teach. Don't be careless about the spiritual part of your nature, it's what makes us who we are, different from animal, dogs, cats, birds and mice. Spirituality.
5) Next - here's what my parents taught me. Don't miss anything. Don't miss the game. Don't miss the performance, don't miss the movie, don't miss the show, don't miss the dance. Go to everything you possible can. Buy a ticket to everything you possibly can. Go see everything and experience all you possible can. That's what my parents taught me and it's served me so well to this day. Just before my father died at age 93 if you were to call him at 10:30 or 11:00 at night, he wouldn't be home. He was at the rodeo, he was watching the kids play softball, he was listening to the concert, he was at church, he was somewhere every night.
Live a vital life. Here's one of the reasons why. If you live well, you will earn well. If you live well it will show in your face, it will show in the texture of your voice. There will be something unique and magical about you if you live well. It will infuse not only your personal life but also your business life. And it will give you a vitality nothing else can give.
6) Next are your family and the inner circle. Invest in them and they'll invest in you. Inspire them and they'll inspire you. With your inner circle take care of the details. When my father was still alive, I used to call him when I traveled. He'd have breakfast most every morning with the farmers. Little place called The Decoy Inn out in the country where we lived in Southwest Idaho. So Papa would go there and have breakfast and I'd call him just to give him a special day. Now if I was in Israel, I'd have to get up in the middle of the night, but it only took five minutes, ten minutes. So I'd call Papa and they'd bring him the phone. I'd say, "Papa I'm in Israel." He'd say, "Israel! Son, how are things in Israel?" He'd talk real loud so everybody could hear - my son's calling me from Israel. I'd say, "Papa last night they gave me a reception on the rooftop underneath the stars overlooking the Mediterranean." He'd say, "Son, a reception on the rooftop underneath the stars overlooking the Mediterranean." Now everybody knows the story. It only took 5 - 10 minutes, but what a special day for my father, age 93.
If a father walks out of the house and he can still feel his daughter's kiss on his face all day, he's a powerful man. If a husband walks out of the house and he can still feel the imprint of his wife's arms around his body he's invincible all day. It's the special stuff with the inner circle that makes you strong and powerful and influential. So don't miss that opportunity. Here's the greatest value. The prophet said, "There are many virtues and values, but here's the greatest, one person caring for another." There is no greater value than love. Better to live in a tent on the beach with someone you love than to live in a mansion by yourself. One person cares for another, that's one of life's greatest expressions.
So make sure in your busy day to remember the true purpose and the reasons you do what you do. May you truly live the kind of life that will bring the fruit and rewards that you desire.
To Your Success,
Jim Rohn
Glenn Beck’s View on the Economic Stimulus Plan
Editor’s note: A version of Glenn Beck’s commentary originally appeared last Sunday in the New York Daily News. “Glenn Beck” is on Headline News nightly at 7 and 9 ET and reprinted on CNN.com
NEW YORK (CNN) — When it comes to our economy, politicians on both sides of the aisle are quick to say that a stimulus package shouldn’t have anything to do with political ideology. But while that’s nice in theory, it’s impossible in practice because economics and ideology go hand in hand.
“Debit cards also would have another big benefit over rebate checks: a deadline,” says Beck.
Show me an economist who thinks that giving tax rebate checks to our poorest citizens is the best idea and I’ll show you two economists who say that business tax cuts provide the most bang for the buck. Show me a statistic that proves stimulus packages keep an economy out of recession and I’ll show you two that prove they do nothing but stimulate the deficit.
It reminds me of that old saying, “statistics don’t lie, but liars use statistics” because, when it comes to the economy, almost everyone is a liar. People simply find the statistics and studies that prove their economic plan is the right one. It’s just a coincidence how that plan happens to match up nicely with their own political ideology.
The stimulus package awaiting the President’s signature is no different. Instead of spending weeks having ideological debates about whether the rich or poor, individuals or businesses are more likely to spend their rebate checks, our politicians should instead have been focusing on finding a way for it not to matter.
And I have one.
After Hurricane Katrina, FEMA needed to get money to victims fast, so they tried something new. Instead of issuing checks, they issued $2,000 emergency debit cards for evacuees to use for food, water, and supplies.
As you probably remember, 2005 wasn’t exactly a banner year for FEMA. Along with food and water, some hurricane evacuees also bought Louis Vuitton purses, diamonds, and even breast implants. That caused major embarrassment for the government (at a time when they weren’t exactly in the market for any more of it) and the debit card program was scrapped.
But while purchasing frivolous items may not have been what FEMA was hoping for, it’s exactly what the government is hoping for now. Frivolous items have far higher profit margins than boring necessities like food and water, and it’s that profit that will (at least in theory) trickle down to help create more jobs and eventually stimulate economic growth.
Debit cards also would have another big benefit over rebate checks: a deadline. One major concern about the checks is how much time it will take for the IRS to issue them (they’re a little busy processing 140 million tax returns right now), then for people to cash them and eventually for that money to be spent. But all of those problems could be avoided by issuing debit cards with an expiration date. Give people three or six months to use up the value of the card and, after that, it’s worthless. Use it or lose it.
Just so we’re clear, I actually hate this idea. I believe the government should stay out of the way and let the markets correct themselves. I also happen to think that the only economy that will benefit from this package is China’s. But let’s face it: the stimulus ship has sailed and I hate this idea a lot less than the one that was just jammed through Congress.
Issuing tax rebate checks will not only cost us billions of dollars that we don’t have, but there’s absolutely no guarantee that the money will ever actually be spent. Issuing debit cards would also cost us billions of dollars, but at least we’d know that every single one of those dollars would be put back into the economy. And debit cards also have the advantage of looking exactly like credit cards, which will reinforce the behavior that got us into this mess in the first place.
It’s win-win! Or, is it lose-lose?
Debit cards come with one other benefit as well: we wouldn’t have to debate who’s more likely to spend them, because it wouldn’t matter. If they’re not spent, they cost us nothing. That means neither party will have to needlessly grandstand in front of the television cameras about how they’re fighting for [insert political base here] — and that’s also exactly why an idea like this was likely never even considered.
NEW YORK (CNN) — When it comes to our economy, politicians on both sides of the aisle are quick to say that a stimulus package shouldn’t have anything to do with political ideology. But while that’s nice in theory, it’s impossible in practice because economics and ideology go hand in hand.
“Debit cards also would have another big benefit over rebate checks: a deadline,” says Beck.
Show me an economist who thinks that giving tax rebate checks to our poorest citizens is the best idea and I’ll show you two economists who say that business tax cuts provide the most bang for the buck. Show me a statistic that proves stimulus packages keep an economy out of recession and I’ll show you two that prove they do nothing but stimulate the deficit.
It reminds me of that old saying, “statistics don’t lie, but liars use statistics” because, when it comes to the economy, almost everyone is a liar. People simply find the statistics and studies that prove their economic plan is the right one. It’s just a coincidence how that plan happens to match up nicely with their own political ideology.
The stimulus package awaiting the President’s signature is no different. Instead of spending weeks having ideological debates about whether the rich or poor, individuals or businesses are more likely to spend their rebate checks, our politicians should instead have been focusing on finding a way for it not to matter.
And I have one.
After Hurricane Katrina, FEMA needed to get money to victims fast, so they tried something new. Instead of issuing checks, they issued $2,000 emergency debit cards for evacuees to use for food, water, and supplies.
As you probably remember, 2005 wasn’t exactly a banner year for FEMA. Along with food and water, some hurricane evacuees also bought Louis Vuitton purses, diamonds, and even breast implants. That caused major embarrassment for the government (at a time when they weren’t exactly in the market for any more of it) and the debit card program was scrapped.
But while purchasing frivolous items may not have been what FEMA was hoping for, it’s exactly what the government is hoping for now. Frivolous items have far higher profit margins than boring necessities like food and water, and it’s that profit that will (at least in theory) trickle down to help create more jobs and eventually stimulate economic growth.
Debit cards also would have another big benefit over rebate checks: a deadline. One major concern about the checks is how much time it will take for the IRS to issue them (they’re a little busy processing 140 million tax returns right now), then for people to cash them and eventually for that money to be spent. But all of those problems could be avoided by issuing debit cards with an expiration date. Give people three or six months to use up the value of the card and, after that, it’s worthless. Use it or lose it.
Just so we’re clear, I actually hate this idea. I believe the government should stay out of the way and let the markets correct themselves. I also happen to think that the only economy that will benefit from this package is China’s. But let’s face it: the stimulus ship has sailed and I hate this idea a lot less than the one that was just jammed through Congress.
Issuing tax rebate checks will not only cost us billions of dollars that we don’t have, but there’s absolutely no guarantee that the money will ever actually be spent. Issuing debit cards would also cost us billions of dollars, but at least we’d know that every single one of those dollars would be put back into the economy. And debit cards also have the advantage of looking exactly like credit cards, which will reinforce the behavior that got us into this mess in the first place.
It’s win-win! Or, is it lose-lose?
Debit cards come with one other benefit as well: we wouldn’t have to debate who’s more likely to spend them, because it wouldn’t matter. If they’re not spent, they cost us nothing. That means neither party will have to needlessly grandstand in front of the television cameras about how they’re fighting for [insert political base here] — and that’s also exactly why an idea like this was likely never even considered.
Monday, February 11, 2008
Stop trading time for money!!!
Do you get paid for each hour you work? So, if you work 8 hours today, you receive income for those 8 hours. Imagine what it would be like to receive income of say 4, 10, or even 100 more times those hours worked. You would work, say, 10 hours and receive income equivalent to 40, 1000 or more hours. Chances are you’re now thinking it’s not possible, unless you’re one of the few people who really understand the power of residual income.
Residual income requires you to do the work once yet the money continues to flow in from it. It's not dependent on the hours you work. The majority of us have been brought up in a culture that encourages us to trade our time for money. You get paid only once for the work you’ve done. If you want to earn more, you need to work more hours or raise your fees. Both these have an upper limit. There are only so many hours in a day and within industries, there's generally a fee beyond which you may not get the work. This type of earning strategy requires you to always be there. You won't get paid if you’re not. It’s a longer, harder route to financial freedom, whereas residual income brings you closer, sooner.
Residual income can come from in many forms, such as property rental, investment income, network marketing or royalties from books and, in this information age, e-books.
If this makes sense to you and it should, Click Here
Residual income requires you to do the work once yet the money continues to flow in from it. It's not dependent on the hours you work. The majority of us have been brought up in a culture that encourages us to trade our time for money. You get paid only once for the work you’ve done. If you want to earn more, you need to work more hours or raise your fees. Both these have an upper limit. There are only so many hours in a day and within industries, there's generally a fee beyond which you may not get the work. This type of earning strategy requires you to always be there. You won't get paid if you’re not. It’s a longer, harder route to financial freedom, whereas residual income brings you closer, sooner.
Residual income can come from in many forms, such as property rental, investment income, network marketing or royalties from books and, in this information age, e-books.
If this makes sense to you and it should, Click Here
BlackBerry email service goes down
Users of Research In Motion's mobile device experience email failure due to a reported outage in RIM's network.
NEW YORK (CNNMoney.com) -- BlackBerry email service went down Monday afternoon, according to Research in Motion, maker of the smartphone.
In a service notification sent to CNN, RIM said BlackBerry subscribers "may be unable to send or receive messages and may also be unable to "register their device, roam in another location, or use other services such as Internet browsing."
The service outage was causing intermittent delays for subscribers in North America, RIM said in a statement late Monday. The company also said that voice and SMS services were not affected.
Stephanie Walsh, a spokeswoman for Sprint Nextel, said the outage began at 3:20 ET and affected all carriers, but not necessarily all BlackBerry users. Walsh said RIM informed Sprint the outage was resolved and that a backlog of emails would be coming soon.
Mark Siegel, a spokesman for AT&T, another BlackBerry carrier, said his company was informed at 3:30 ET about the outage.
According to Verizon spokesman, Tom Pica, a RIM email server had gone down, which was the source of the problem. "Service has been restored," said Pica, "it will just take a little while [for Verizon's system] to catch up."
Voice service on the Verizon network was not affected, he said.
"A couple of hours is not a huge deal," said Tom Kelly, a spokesman for JPMorgan Chase. "It's probably a nuisance. Longer will be a problem. It's amazing how we rely on them."
JPMorgan Chase's (JPM, Fortune 500) employees use the BlackBerry under multiple carriers, including AT&T and T-Mobile, he said.
RIM's BlackBerry network had about 12 million subscribers as of December 20th, when it reported its third quarter earnings.
RIM experienced major network outages in April and September 2007.
Sprint (S, Fortune 500), Verizon (VZ, Fortune 500) and AT&T (T, Fortune 500) said the outage was not due to a malfunction within their networks.
RIM (RIMM) apologized to customers for the service interruptions and said it is "currently working towards a resolution and will provide an update as soon as possible."
NEW YORK (CNNMoney.com) -- BlackBerry email service went down Monday afternoon, according to Research in Motion, maker of the smartphone.
In a service notification sent to CNN, RIM said BlackBerry subscribers "may be unable to send or receive messages and may also be unable to "register their device, roam in another location, or use other services such as Internet browsing."
The service outage was causing intermittent delays for subscribers in North America, RIM said in a statement late Monday. The company also said that voice and SMS services were not affected.
Stephanie Walsh, a spokeswoman for Sprint Nextel, said the outage began at 3:20 ET and affected all carriers, but not necessarily all BlackBerry users. Walsh said RIM informed Sprint the outage was resolved and that a backlog of emails would be coming soon.
Mark Siegel, a spokesman for AT&T, another BlackBerry carrier, said his company was informed at 3:30 ET about the outage.
According to Verizon spokesman, Tom Pica, a RIM email server had gone down, which was the source of the problem. "Service has been restored," said Pica, "it will just take a little while [for Verizon's system] to catch up."
Voice service on the Verizon network was not affected, he said.
"A couple of hours is not a huge deal," said Tom Kelly, a spokesman for JPMorgan Chase. "It's probably a nuisance. Longer will be a problem. It's amazing how we rely on them."
JPMorgan Chase's (JPM, Fortune 500) employees use the BlackBerry under multiple carriers, including AT&T and T-Mobile, he said.
RIM's BlackBerry network had about 12 million subscribers as of December 20th, when it reported its third quarter earnings.
RIM experienced major network outages in April and September 2007.
Sprint (S, Fortune 500), Verizon (VZ, Fortune 500) and AT&T (T, Fortune 500) said the outage was not due to a malfunction within their networks.
RIM (RIMM) apologized to customers for the service interruptions and said it is "currently working towards a resolution and will provide an update as soon as possible."
Sunday, February 10, 2008
Quote of the Day
"Dream big dreams! Imagine that you have no limitations and then decide what's right before you decide what's possible."
- Brian Tracy
- Brian Tracy
Make money in 2008: The outlook
The economy, housing, employment and the markets: What will matter most to your money next year?
(NEW YORK) Money Magazine -- Given the pervasive gloom in the face of the housing slump and sudden sharp drops in stock prices earlier this year, you might have figured it was just a matter of time before the economy would collapse faster than the Colorado Rockies in the World Series. In fact, a survey last summer found that two-thirds of Americans believed the economy either was already in a recession or would be in the next year.
The litany of depressing news has only seemed to get worse since then: surging oil prices, mortgage defaults, investment banks writing off subprime loans, the dollar skidding to new lows - pass the Prozac.
Well, we've got two words for you: Cheer up. If you delve behind the headlines, you'll find that despite all of these challenges, the economy has actually held up pretty well this year. And key indicators suggest that next year should be even better (okay, maybe not a lot better).
What specifically lies ahead for the stock market, housing, jobs and the rest of your finances? Here's a closer look at the big stories that are likely to have the greatest impact on how you manage your money next year.
The economy: slow growth but no recession
Hard to believe but true: Recession is not around the corner. The consensus of the 52 economists polled each month by Blue Chip Economic Indicators is that the economy will kick off 2008 with annualized growth at the sluggish pace of 2 percent or so in the first quarter. Then it will gradually pick up steam and close out the year chugging along at just under 3 percent (see the chart at right), roughly in line with the U.S. economy's long-term annual growth rate.
True, next year's 2.4 percent annual pace is a far cry from the get-out-the-party-hats growth the country enjoyed in the late '90s. But that's not necessarily a bad thing. Slow to moderate growth should help keep inflation and interest rates under control - economists expect consumer prices to rise less than 2.5 percent next year and interest rates to stay within a quarter- to a half-point of current levels.
That kind of scenario should allow stock prices to keep moving up (albeit not straight up). And, perhaps most important, it should keep a real economic downturn at bay.
That's not to say that there won't be challenges. The biggest problem area by far is the slumping housing market, where the number of homes for sale keeps rising, prices keep falling and foreclosures, defaults and related woes represent a real drag on economic growth.
Already-anemic new-job creation will also continue to slow next year, so you'll have a tougher time landing a new position or getting a raise. Then too, the U.S. dollar, which sank to an all-time low of $1.45 against the euro in October, isn't expected to make a comeback anytime soon.
Housing woes can't derail economy
The one bright side: The sliding buck has made U.S. goods cheaper abroad, which in turn has boosted exports - and that increase in trade has been instrumental in keeping the country out of recession.
It's always possible that some unforeseen wild card could turn the consensus slow-to-moderate growth picture into a full-fledged downturn. One potential trouble spot is the U.S. credit system, which remains fragile because of all those mortgage defaults, particularly among subprime loans.
If we were to see a major blowup - say, several financial institutions simultaneously taking large and unexpected losses in subprime or other risky debt - already-anxious lenders could drastically cut back on new loans. That could prompt both consumers and corporations to dramatically lower their spending, which could be the catalyst that sends the economy spiraling downward.
"Credit is mother's milk for an economy," says Mark Zandi, chief economist at Moody's Economy.com. "And if credit's not there, the economy would quickly falter."
And since 2008 is a presidential election year, there's always the possibility that politics could upset the works. One area that concerns economists is an incipient trend toward protectionism, driven in part by tainted exports from China (pet food, toothpaste, lead-paint toys) as well as a sense that Americans may not be benefiting from globalization.
Recent polls suggest that many voters believe free trade has been bad for the U.S. and that they'd agree with a candidate who favored tougher regulations to limit foreign imports. The worry is that presidential candidates might cater to this sentiment with talk of import quotas or currency restrictions that could lead to retaliation from U.S. trade partners. This could undermine the export growth that's now a key driver of the U.S. economy.
"If we were to see a pullback in globalization, that could pull the U.S. economy and the financial markets down," says Dennis Jacobe, chief economist at the Gallup Organization.
Barring such an economic or political surprise, however, the big story for 2008 should be moderate growth, not recession. And that in turn should enable you to keep your own money growing too.
(NEW YORK) Money Magazine -- Given the pervasive gloom in the face of the housing slump and sudden sharp drops in stock prices earlier this year, you might have figured it was just a matter of time before the economy would collapse faster than the Colorado Rockies in the World Series. In fact, a survey last summer found that two-thirds of Americans believed the economy either was already in a recession or would be in the next year.
The litany of depressing news has only seemed to get worse since then: surging oil prices, mortgage defaults, investment banks writing off subprime loans, the dollar skidding to new lows - pass the Prozac.
Well, we've got two words for you: Cheer up. If you delve behind the headlines, you'll find that despite all of these challenges, the economy has actually held up pretty well this year. And key indicators suggest that next year should be even better (okay, maybe not a lot better).
What specifically lies ahead for the stock market, housing, jobs and the rest of your finances? Here's a closer look at the big stories that are likely to have the greatest impact on how you manage your money next year.
The economy: slow growth but no recession
Hard to believe but true: Recession is not around the corner. The consensus of the 52 economists polled each month by Blue Chip Economic Indicators is that the economy will kick off 2008 with annualized growth at the sluggish pace of 2 percent or so in the first quarter. Then it will gradually pick up steam and close out the year chugging along at just under 3 percent (see the chart at right), roughly in line with the U.S. economy's long-term annual growth rate.
True, next year's 2.4 percent annual pace is a far cry from the get-out-the-party-hats growth the country enjoyed in the late '90s. But that's not necessarily a bad thing. Slow to moderate growth should help keep inflation and interest rates under control - economists expect consumer prices to rise less than 2.5 percent next year and interest rates to stay within a quarter- to a half-point of current levels.
That kind of scenario should allow stock prices to keep moving up (albeit not straight up). And, perhaps most important, it should keep a real economic downturn at bay.
That's not to say that there won't be challenges. The biggest problem area by far is the slumping housing market, where the number of homes for sale keeps rising, prices keep falling and foreclosures, defaults and related woes represent a real drag on economic growth.
Already-anemic new-job creation will also continue to slow next year, so you'll have a tougher time landing a new position or getting a raise. Then too, the U.S. dollar, which sank to an all-time low of $1.45 against the euro in October, isn't expected to make a comeback anytime soon.
Housing woes can't derail economy
The one bright side: The sliding buck has made U.S. goods cheaper abroad, which in turn has boosted exports - and that increase in trade has been instrumental in keeping the country out of recession.
It's always possible that some unforeseen wild card could turn the consensus slow-to-moderate growth picture into a full-fledged downturn. One potential trouble spot is the U.S. credit system, which remains fragile because of all those mortgage defaults, particularly among subprime loans.
If we were to see a major blowup - say, several financial institutions simultaneously taking large and unexpected losses in subprime or other risky debt - already-anxious lenders could drastically cut back on new loans. That could prompt both consumers and corporations to dramatically lower their spending, which could be the catalyst that sends the economy spiraling downward.
"Credit is mother's milk for an economy," says Mark Zandi, chief economist at Moody's Economy.com. "And if credit's not there, the economy would quickly falter."
And since 2008 is a presidential election year, there's always the possibility that politics could upset the works. One area that concerns economists is an incipient trend toward protectionism, driven in part by tainted exports from China (pet food, toothpaste, lead-paint toys) as well as a sense that Americans may not be benefiting from globalization.
Recent polls suggest that many voters believe free trade has been bad for the U.S. and that they'd agree with a candidate who favored tougher regulations to limit foreign imports. The worry is that presidential candidates might cater to this sentiment with talk of import quotas or currency restrictions that could lead to retaliation from U.S. trade partners. This could undermine the export growth that's now a key driver of the U.S. economy.
"If we were to see a pullback in globalization, that could pull the U.S. economy and the financial markets down," says Dennis Jacobe, chief economist at the Gallup Organization.
Barring such an economic or political surprise, however, the big story for 2008 should be moderate growth, not recession. And that in turn should enable you to keep your own money growing too.
When it comes to taking risks that could help our businesses, are we thinking too small?
By Kristi Hedges
I met a woman recently who owns a travel company. For years, her business had been plateaued at a respectable, but small size. Then 9/11 took the bottom out of her industry and her largest contracts dried up overnight. At that perilous time, she decided to get a bank loan to expand her business. Four banks declined her, and the fifth one lent her the money but she had to leverage everything she owned. It was the risk of a lifetime, and it worked: Her business grew four-fold when the market rebounded, and she was instantly a market leader.
Her story led me to contemplate the relationship between women entrepreneurs and risk. I’ve had a professional services firm for nine years and have worked with numerous female CEOs. I also volunteer with several organizations that focus on women entrepreneurs. The reason her story struck me was because it was so different from those of the other female entrepreneurs I know–including my own.
A thought-provoking Harvard Business Review article I once read by Anna Fels asked “Do women lack ambition?” It found that women pursue their goals only after they’ve satisfied the needs of their family, including caring for children and elderly parents. It also found that women underestimate their abilities (while their male counterparts overestimate them) and are therefore less likely to pursue lofty career goals.
Here’s what else studies repeatedly show us:
* Only 1.8 percent of women-owned businesses in the U.S. have revenues above $1 million per year, according to the SBA.
* Women lag behind men in their willingness to seek bank financing for their ventures.
* Women are far less likely to receive venture capital. In my own experience, I’ve only seen two women receive it, and one was replaced shortly after the check cleared.
Whether or not you buy any of this–and certainly there are always exceptions–the fact remains that female entrepreneurs are less likely to take the big risks to get the big rewards.
And when you consider the reason why most don’t push for growth–the ever-elusive life balance–then we’re really hurting ourselves. Risk and growth are precisely what may give entrepreneurs the lifestyle they seek. See for yourself:
Small businesses are more personally taxing to run than larger ones. Once you’ve decided to hire employees, it’s better to have a full staff so you can focus your time on what you want to do and what you’re best at. I don’t know any CEO who would choose to go back to the days when they had to do everything themselves.
Incremental risk equals exponential rewards. All businesses owners deal with risk–it starts the day you sign your first lease and hire your first person. A small amount of leverage on that risk can allow you to make a major impact in your competitive position and revenue, by allowing you to afford a star hire, a product enhancement or a new storefront. A more successful business means more options for the owner.
No one else will give you the job you want. The best thing entrepreneurship gives you is the ability to create your dream job. It doesn’t come overnight. You have to have a plan to get there, and it nearly always requires an infrastructure to support you. That’s why entrepreneurs who survive the first five years tend to keep their businesses.
The women I know have ambition for their careers and for life. They often have a hard time seeing the end game and a clear path to get there in the midst of so many other responsibilities. Mentors with lives we want to emulate can be few and far between.
The stories of women who have built successful businesses, taken calculated risks to get there, and not sacrificed a fulfilling life need to be told. They’re out there.
When we stop looking at ambition and risk as an enemy of life balance and see it instead as a way to achieve it, then perhaps we’ll be ready to start thinking big.
Kristi Hedges is the co-founder of SheaHedges Group, a strategic communications firm in McLean, Virginia. She is also an executive coach to CEOs and business owners on issues of communications and leadership.
I met a woman recently who owns a travel company. For years, her business had been plateaued at a respectable, but small size. Then 9/11 took the bottom out of her industry and her largest contracts dried up overnight. At that perilous time, she decided to get a bank loan to expand her business. Four banks declined her, and the fifth one lent her the money but she had to leverage everything she owned. It was the risk of a lifetime, and it worked: Her business grew four-fold when the market rebounded, and she was instantly a market leader.
Her story led me to contemplate the relationship between women entrepreneurs and risk. I’ve had a professional services firm for nine years and have worked with numerous female CEOs. I also volunteer with several organizations that focus on women entrepreneurs. The reason her story struck me was because it was so different from those of the other female entrepreneurs I know–including my own.
A thought-provoking Harvard Business Review article I once read by Anna Fels asked “Do women lack ambition?” It found that women pursue their goals only after they’ve satisfied the needs of their family, including caring for children and elderly parents. It also found that women underestimate their abilities (while their male counterparts overestimate them) and are therefore less likely to pursue lofty career goals.
Here’s what else studies repeatedly show us:
* Only 1.8 percent of women-owned businesses in the U.S. have revenues above $1 million per year, according to the SBA.
* Women lag behind men in their willingness to seek bank financing for their ventures.
* Women are far less likely to receive venture capital. In my own experience, I’ve only seen two women receive it, and one was replaced shortly after the check cleared.
Whether or not you buy any of this–and certainly there are always exceptions–the fact remains that female entrepreneurs are less likely to take the big risks to get the big rewards.
And when you consider the reason why most don’t push for growth–the ever-elusive life balance–then we’re really hurting ourselves. Risk and growth are precisely what may give entrepreneurs the lifestyle they seek. See for yourself:
Small businesses are more personally taxing to run than larger ones. Once you’ve decided to hire employees, it’s better to have a full staff so you can focus your time on what you want to do and what you’re best at. I don’t know any CEO who would choose to go back to the days when they had to do everything themselves.
Incremental risk equals exponential rewards. All businesses owners deal with risk–it starts the day you sign your first lease and hire your first person. A small amount of leverage on that risk can allow you to make a major impact in your competitive position and revenue, by allowing you to afford a star hire, a product enhancement or a new storefront. A more successful business means more options for the owner.
No one else will give you the job you want. The best thing entrepreneurship gives you is the ability to create your dream job. It doesn’t come overnight. You have to have a plan to get there, and it nearly always requires an infrastructure to support you. That’s why entrepreneurs who survive the first five years tend to keep their businesses.
The women I know have ambition for their careers and for life. They often have a hard time seeing the end game and a clear path to get there in the midst of so many other responsibilities. Mentors with lives we want to emulate can be few and far between.
The stories of women who have built successful businesses, taken calculated risks to get there, and not sacrificed a fulfilling life need to be told. They’re out there.
When we stop looking at ambition and risk as an enemy of life balance and see it instead as a way to achieve it, then perhaps we’ll be ready to start thinking big.
Kristi Hedges is the co-founder of SheaHedges Group, a strategic communications firm in McLean, Virginia. She is also an executive coach to CEOs and business owners on issues of communications and leadership.
Friday, February 8, 2008
Quote of the Day
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they may have planned for you? Not much."
-Jim Rohn
-Jim Rohn
Congress sends stimulus bill to Bush
WASHINGTON (CNN) -- The House on Thursday quickly passed a Senate-approved economic stimulus package and sent the bill to the president's desk for his signature.
Sen. Max Baucus said Democrats stripped down the stimulus bill to attract GOP votes.
The House voted 380-34 to accept the Senate's $170 billion measure, just a few hours after Democratic and Republican senators reached accord and ended a days-long stalemate over the bill.
The deal, passed in the Senate on a 81-16 vote, includes rebate check amounts of $300 to $600 for people who have an income between $3,000 and $75,000, plus $300 per child.
Couples earning up to $150,000 would get $1,200.
But the plan also gives checks to more than 20 million Social Security beneficiaries and 250,000 handicapped veterans and their widows.
Two White House officials said President Bush will probably sign the bill next week.
Senior administration officials said the Internal Revenue service will start working to implement the rebate check program as soon as the final details are reached and will not wait for the president to sign the bill. Officials said checks could be sent to millions of Americans this spring.
"I'm very happy that the vast majority of the U.S. Senate agreed that we have to change the economic direction of this country, and we've done that," Senate Majority Leader Harry Reid, D-Nevada, told reporters.
But he expressed dismay the package omits a number of provisions Democrats had sought, including an extension of unemployment benefits and checks for people aided by the food stamp program and the low-income home energy assistance program, measures that Senate Republicans and President Bush opposed.
"They're following this president right off a cliff," Reid said. "What they don't realize is he's already over the cliff."
Republican Leader Mitch McConnell of Kentucky said he was happy with the outcome: "I think we've demonstrated to the American people that we are, once in a while, able to come together and do something important to the country with a minimum amount of bipartisan bickering and do it in a timely fashion."
McConnell said the Senate bill also fixed a "glitch" in the House bill that would have made it possible for illegal immigrants to receive checks.
Senate Democrats agreed to scale back their economic stimulus package in order to gain Republican support for the measure.
The measure stalled Wednesday over GOP concerns the bill was too big and loaded with special-interest provisions, said Finance Committee Chairman Max Baucus, D-Montana.
Congressional leaders and the White House had hoped to pass a stimulus package quickly to address economic fears of recession.
The agreement came shortly after Treasury Secretary Henry Paulson urged Congress to move with haste on the package to reduce the odds of the nation's economy descending into recession.
"We believe that a growth package must be enacted quickly, it must be robust, temporary and broad-based, and it must get money into the economy quickly," he told the House Ways and Means Committee.
Earlier Thursday, House Speaker Nancy Pelosi, D-California, in an effort to get the Senate-blocked economic stimulus package rolling, said the House was ready to respond.
"We are eagerly awaiting the decision of the Senate as to how they will go forward. ... If they do not, we stand ready to do so." Pelosi said.
"Decisions have to be made, and again we want this to be timely so that it makes a difference for people right away, targeted to those in the middle class, and those who wish to be in the middle class; and ... [timely], so that people will use it," she said.
On Wednesday, seven Republicans joined 51 Democrats in supporting the broader Senate package, which would have injected about $50 billion more into the sagging economy than the plan President Bush and House leaders supported. But the Senate ended up two votes short of the 60 votes needed to advance the bill in the face of a GOP filibuster.
The nearly $150 billion package Bush proposed last month was approved overwhelmingly by the House January 29.
Sen. Max Baucus said Democrats stripped down the stimulus bill to attract GOP votes.
The House voted 380-34 to accept the Senate's $170 billion measure, just a few hours after Democratic and Republican senators reached accord and ended a days-long stalemate over the bill.
The deal, passed in the Senate on a 81-16 vote, includes rebate check amounts of $300 to $600 for people who have an income between $3,000 and $75,000, plus $300 per child.
Couples earning up to $150,000 would get $1,200.
But the plan also gives checks to more than 20 million Social Security beneficiaries and 250,000 handicapped veterans and their widows.
Two White House officials said President Bush will probably sign the bill next week.
Senior administration officials said the Internal Revenue service will start working to implement the rebate check program as soon as the final details are reached and will not wait for the president to sign the bill. Officials said checks could be sent to millions of Americans this spring.
"I'm very happy that the vast majority of the U.S. Senate agreed that we have to change the economic direction of this country, and we've done that," Senate Majority Leader Harry Reid, D-Nevada, told reporters.
But he expressed dismay the package omits a number of provisions Democrats had sought, including an extension of unemployment benefits and checks for people aided by the food stamp program and the low-income home energy assistance program, measures that Senate Republicans and President Bush opposed.
"They're following this president right off a cliff," Reid said. "What they don't realize is he's already over the cliff."
Republican Leader Mitch McConnell of Kentucky said he was happy with the outcome: "I think we've demonstrated to the American people that we are, once in a while, able to come together and do something important to the country with a minimum amount of bipartisan bickering and do it in a timely fashion."
McConnell said the Senate bill also fixed a "glitch" in the House bill that would have made it possible for illegal immigrants to receive checks.
Senate Democrats agreed to scale back their economic stimulus package in order to gain Republican support for the measure.
The measure stalled Wednesday over GOP concerns the bill was too big and loaded with special-interest provisions, said Finance Committee Chairman Max Baucus, D-Montana.
Congressional leaders and the White House had hoped to pass a stimulus package quickly to address economic fears of recession.
The agreement came shortly after Treasury Secretary Henry Paulson urged Congress to move with haste on the package to reduce the odds of the nation's economy descending into recession.
"We believe that a growth package must be enacted quickly, it must be robust, temporary and broad-based, and it must get money into the economy quickly," he told the House Ways and Means Committee.
Earlier Thursday, House Speaker Nancy Pelosi, D-California, in an effort to get the Senate-blocked economic stimulus package rolling, said the House was ready to respond.
"We are eagerly awaiting the decision of the Senate as to how they will go forward. ... If they do not, we stand ready to do so." Pelosi said.
"Decisions have to be made, and again we want this to be timely so that it makes a difference for people right away, targeted to those in the middle class, and those who wish to be in the middle class; and ... [timely], so that people will use it," she said.
On Wednesday, seven Republicans joined 51 Democrats in supporting the broader Senate package, which would have injected about $50 billion more into the sagging economy than the plan President Bush and House leaders supported. But the Senate ended up two votes short of the 60 votes needed to advance the bill in the face of a GOP filibuster.
The nearly $150 billion package Bush proposed last month was approved overwhelmingly by the House January 29.
Using MySpace to Generate FREE Leads
by Jared Heinitz
Web 2.0 has literally exploded into the scene in the last few years and while becoming more popular by the day many individuals are confused to what web 2.0 is and how to use it. Web 2.0 is all about social networking, and bringing people together. Some of the most common of these web 2.0 or social networking sites are MySpace, Facebook, DirectMatches, and YouTube.
The use of these sites is free and only requires an email address to register. Once registered, you are able to control the content of the page you are supplied with. In order to use the funded proposal marketing system, you just need to do a couple of things.
The first task is to design a squeeze page or lead capture site that will capture your visitors attention and be compelling enough that they will want to opt-in for more information on your product or service. Be sure to write the content like a squeeze page and drive them to your opt in form. Once this is done, you have a targeted lead that is generated free of charge.
Another way to use web 2.0 is to search the database for people with similar interests as you. For instance, if you are marketing an ebook on party planning, you can look for people with upcoming birthdays, graduations or anniversaries. These folks will be receptive to information on planning a successful party. Again, you get a lead that is targeted to your product/service and it is free of charge. The chance of a conversion or sale is greatly increased.
The powerful aspect of web 2.0 sites is that they put you in contact with thousands or even millions of people. The networking possibilities are virtually endless. What you need to do is get them to add you as a friend or associate. These social sites allow you to send what is called a bulletin. A bulletin is a message that only reaches your list of friends or associates. This can be used to attract contacts with special offers. The use of a Limited Time Offer can also make for a very powerful call to action.
Whichever way you use web 2.0 sites, you are using a funded proposal system so you stand to make some revenue as you continue to build your business this should offset your advertising expenses. Then you offer your higher end product/service. Since the contact already knows you and trusts you as a vendor, you have a good chance of making that secondary sale as well as others in the future.
Using web 2.0 and interactive sites properly will grow your list of contacts. The leads you generate are targeted, interested and ready to buy from you. Add the fact that the customer knows where to find you at any given moment and you have the formula for a powerful relationship with your prospects. This will give your contacts the sense that you are a real person and can be reached. The ability to contact you is extremely important to your prospects. It builds trust, reliability and credibility to your business.
Get yourself moving on web 2.0 and watch your contact list explode and your sales will follow suit.
Web 2.0 has literally exploded into the scene in the last few years and while becoming more popular by the day many individuals are confused to what web 2.0 is and how to use it. Web 2.0 is all about social networking, and bringing people together. Some of the most common of these web 2.0 or social networking sites are MySpace, Facebook, DirectMatches, and YouTube.
The use of these sites is free and only requires an email address to register. Once registered, you are able to control the content of the page you are supplied with. In order to use the funded proposal marketing system, you just need to do a couple of things.
The first task is to design a squeeze page or lead capture site that will capture your visitors attention and be compelling enough that they will want to opt-in for more information on your product or service. Be sure to write the content like a squeeze page and drive them to your opt in form. Once this is done, you have a targeted lead that is generated free of charge.
Another way to use web 2.0 is to search the database for people with similar interests as you. For instance, if you are marketing an ebook on party planning, you can look for people with upcoming birthdays, graduations or anniversaries. These folks will be receptive to information on planning a successful party. Again, you get a lead that is targeted to your product/service and it is free of charge. The chance of a conversion or sale is greatly increased.
The powerful aspect of web 2.0 sites is that they put you in contact with thousands or even millions of people. The networking possibilities are virtually endless. What you need to do is get them to add you as a friend or associate. These social sites allow you to send what is called a bulletin. A bulletin is a message that only reaches your list of friends or associates. This can be used to attract contacts with special offers. The use of a Limited Time Offer can also make for a very powerful call to action.
Whichever way you use web 2.0 sites, you are using a funded proposal system so you stand to make some revenue as you continue to build your business this should offset your advertising expenses. Then you offer your higher end product/service. Since the contact already knows you and trusts you as a vendor, you have a good chance of making that secondary sale as well as others in the future.
Using web 2.0 and interactive sites properly will grow your list of contacts. The leads you generate are targeted, interested and ready to buy from you. Add the fact that the customer knows where to find you at any given moment and you have the formula for a powerful relationship with your prospects. This will give your contacts the sense that you are a real person and can be reached. The ability to contact you is extremely important to your prospects. It builds trust, reliability and credibility to your business.
Get yourself moving on web 2.0 and watch your contact list explode and your sales will follow suit.
What Do You Think When You Read, "Entrepreneurs Wanted"?
by Chris Robertson
What would you think if you saw a sign that read, "Entrepreneurs Wanted"? Many people would see such a sign as a rare opportunity to fulfill a lifelong dream. They've long envisioned a life where they could make their own hours, follow their passions, and not have to feel as though the people above them are trying to keep them down. Others would view such a sign with suspicion. They might ask, "What's the catch?" They might even come up with a list of reasons why they can't take a chance, begin a new self-made career, and become more successful than they ever thought possible.
While a degree of skepticism can be healthy, all too often people talk themselves out of a business opportunity because, well, they're scared. They might even look at the lives of successful people and think that those people were simply lucky; that they were at the right place at the right time. In fact, the difference between those people who are incredibly successful and those who grind it out in an unfulfilling job day in and day out is that the successful people seize opportunities that come their way. The nine-to-fivers may look longingly at opportunities, but let them slip through their fingers.
Truth be told, there's never been a better time to find a business opportunity and follow your dreams. To a large extent, the Internet has leveled the playing field. If you have a computer and online access, there are unparalleled opportunities to create wealth. The question becomes, how do you separate the wheat from the chaff? How do you know when an opportunity is the real deal?
First, you need to drop any notion of finding success with multi-level marketing. While multi-level marketing may have made a few people at the top wealthy, no MLM today is creating wealth for those who are just joining.
Second, you need to forget direct sales. Very, very few people are have a natural talent for selling; for the rest of us, direct sales is difficult or impossible, and a sure path to frustration, discouragement, and failure.
Third, you need to embrace a company that has a proven system for marketing. So many Internet businesses fail today because business owners simply don't know how to market. After all, you can have the most attractive website in the world, but if you can't drive traffic to your site, you'll never see a penny.
Fourth, you need to find a great product. In this Information Age, the product should be related to the Internet and have enormous growth potential.
Fifth, you want to find affiliate with a company that will take the time to understand your personal and financial goals, and help you in any way they can to reach those goals. Essentially, it's the reverse of what you often find in the corporate world - where the people at the top keep you down. You want to find a business opportunity where the people at the top - the wealth masters, so to speak - reach down and give you a hand up. They should be able to set you up with the carbon copy of a system that almost runs on auto pilot. They should have eliminated the need for selling, explaining, bothering people, and pitching friends and family. Instead, they should have perfected a powerful, automated, turnkey marketing system that provides you with the best home business opportunity on the planet.
When you've found that kind of company, you'll be glad that you took advantage of the "Entrepreneurs Wanted" sign!
What would you think if you saw a sign that read, "Entrepreneurs Wanted"? Many people would see such a sign as a rare opportunity to fulfill a lifelong dream. They've long envisioned a life where they could make their own hours, follow their passions, and not have to feel as though the people above them are trying to keep them down. Others would view such a sign with suspicion. They might ask, "What's the catch?" They might even come up with a list of reasons why they can't take a chance, begin a new self-made career, and become more successful than they ever thought possible.
While a degree of skepticism can be healthy, all too often people talk themselves out of a business opportunity because, well, they're scared. They might even look at the lives of successful people and think that those people were simply lucky; that they were at the right place at the right time. In fact, the difference between those people who are incredibly successful and those who grind it out in an unfulfilling job day in and day out is that the successful people seize opportunities that come their way. The nine-to-fivers may look longingly at opportunities, but let them slip through their fingers.
Truth be told, there's never been a better time to find a business opportunity and follow your dreams. To a large extent, the Internet has leveled the playing field. If you have a computer and online access, there are unparalleled opportunities to create wealth. The question becomes, how do you separate the wheat from the chaff? How do you know when an opportunity is the real deal?
First, you need to drop any notion of finding success with multi-level marketing. While multi-level marketing may have made a few people at the top wealthy, no MLM today is creating wealth for those who are just joining.
Second, you need to forget direct sales. Very, very few people are have a natural talent for selling; for the rest of us, direct sales is difficult or impossible, and a sure path to frustration, discouragement, and failure.
Third, you need to embrace a company that has a proven system for marketing. So many Internet businesses fail today because business owners simply don't know how to market. After all, you can have the most attractive website in the world, but if you can't drive traffic to your site, you'll never see a penny.
Fourth, you need to find a great product. In this Information Age, the product should be related to the Internet and have enormous growth potential.
Fifth, you want to find affiliate with a company that will take the time to understand your personal and financial goals, and help you in any way they can to reach those goals. Essentially, it's the reverse of what you often find in the corporate world - where the people at the top keep you down. You want to find a business opportunity where the people at the top - the wealth masters, so to speak - reach down and give you a hand up. They should be able to set you up with the carbon copy of a system that almost runs on auto pilot. They should have eliminated the need for selling, explaining, bothering people, and pitching friends and family. Instead, they should have perfected a powerful, automated, turnkey marketing system that provides you with the best home business opportunity on the planet.
When you've found that kind of company, you'll be glad that you took advantage of the "Entrepreneurs Wanted" sign!
Thursday, February 7, 2008
Quote of the Day
ISN’T IT PECULIAR THAT SOME PEOPLE ARE SO CLEVER AT INVENTING ALIBIS AND SO DULL AT DOING THE JOB THAT WOULD MAKE ALIBIS USELESS?
Carbon Copy PRO is the Top Rated Internet Company
by Sean Hannigan, as featured on Sublime Wealth.com
When I evaluate a company, I look for these key points. Keep in mind, when I join a company, my #1 goal is to make money and to do it legitimately. I do not want to hurt anyone or rip anyone off. This is what I’ve learned and these guidelines will help you determine what company is right for you.
1. If you are not making at least 75% of the upfront commission when you make a sale, forget it. This means that you are doing all the work and the company and/or the person above you is making all the money.
2. If you have to have 1000, 10,000 or 20,000 people in your organization before you make any real money. DO NOT Join. Most people will NEVER get there.
3. If they teach you to hold home parties and invite all your friends. Run away fast.
4. If they have a sales pitch 2-3 times a day and only 2-3 training classes per week.
This means that the company is more interested in selling you than training you how to make money long term
5. If you can’t break even or get into profit with 3 sales, forget it.
6. If you can’t speak with the owners or the corporate office via phone or webinar,
Forget it. I like to know who I am doing business with before I will do business with them.
7. If it is a start up or in pre launch, forget. The chances of these companies becoming the next Amway is about as good as winning the lottery. At least with the lottery, you have a chance to win once or twice a week. You might as well go to Vegas and blow your money on a good time. At least you’ll have some great memories, see a great show and have a great meal.
These are not all the rules for success on the internet, but this is a great guideline to follow when evaluating an internet company. Use these guidelines to help you narrow down your choices for choosing a company that best fits yours goals.
After months and months of research, there is one company that stands out as the #1 Home Based Business on the Internet. The Top Rated Internet Company for Making Money is Carbon Copy PRO. Carbon Copy PRO gets a Gold Star for several reasons. It is the only company that gives you a real chance to make big money on internet. They pay out 100% commission. The owners work the business with you to ensure your success. The training at Carbon Copy PRO is worth the price of admission alone. The Marketing System at Carbon Copy PRO is the best. They have a marketing system that flat out works.
To Learn more about Carbon Copy PRO and how it can help you be successful on the internet…..Click here
When I evaluate a company, I look for these key points. Keep in mind, when I join a company, my #1 goal is to make money and to do it legitimately. I do not want to hurt anyone or rip anyone off. This is what I’ve learned and these guidelines will help you determine what company is right for you.
1. If you are not making at least 75% of the upfront commission when you make a sale, forget it. This means that you are doing all the work and the company and/or the person above you is making all the money.
2. If you have to have 1000, 10,000 or 20,000 people in your organization before you make any real money. DO NOT Join. Most people will NEVER get there.
3. If they teach you to hold home parties and invite all your friends. Run away fast.
4. If they have a sales pitch 2-3 times a day and only 2-3 training classes per week.
This means that the company is more interested in selling you than training you how to make money long term
5. If you can’t break even or get into profit with 3 sales, forget it.
6. If you can’t speak with the owners or the corporate office via phone or webinar,
Forget it. I like to know who I am doing business with before I will do business with them.
7. If it is a start up or in pre launch, forget. The chances of these companies becoming the next Amway is about as good as winning the lottery. At least with the lottery, you have a chance to win once or twice a week. You might as well go to Vegas and blow your money on a good time. At least you’ll have some great memories, see a great show and have a great meal.
These are not all the rules for success on the internet, but this is a great guideline to follow when evaluating an internet company. Use these guidelines to help you narrow down your choices for choosing a company that best fits yours goals.
After months and months of research, there is one company that stands out as the #1 Home Based Business on the Internet. The Top Rated Internet Company for Making Money is Carbon Copy PRO. Carbon Copy PRO gets a Gold Star for several reasons. It is the only company that gives you a real chance to make big money on internet. They pay out 100% commission. The owners work the business with you to ensure your success. The training at Carbon Copy PRO is worth the price of admission alone. The Marketing System at Carbon Copy PRO is the best. They have a marketing system that flat out works.
To Learn more about Carbon Copy PRO and how it can help you be successful on the internet…..Click here
The Bridge from Conceive To Achieve
By Mark Kearns
When you move past the hype of most self help programs you get to the core desire that everyone has. Everyone, regardless of present position, possessions or wealth, has the core desire that can be expressed as the following question; "how do I achieve the ideas that I conceive?" In short, how do I get from here to there and bring into reality the ideas that I have?
The secret to this process has been advertised in everything from religious programming to self help and personal development programs. There are thousands of printed books, eBooks, audios and video programs that claim to teach this very secret.
And yet, the secret itself has been taught for thousands of years. As a matter of fact, it really isn't any secrete at all. You see it demonstrated each and every day all around you. Every animal in nature has the utmost faith in this secrete. In all of nature, mankind stands alone in expressing any doubt about its existence or its effectiveness and yet it is mankind that has demonstrated the greatest advancements and creative ideas based on it. Still haven't guessed what it might be????
I think that of all of the explanations I have heard given about this secret, one of simplest and yet one of the most profound was offered By Andrew Carnegie to a young reporter, Napoleon Hill, whom he had just given the charge to interview the wealthiest and most influential people in America to learn their method of success.
It was Mr. Carnegie's dream to leave everyone a clear and concise plan whereby they could use the power of their own thinking to attract to themselves the means by which they could bring themselves out of the darkness of ignorance and rise above poverty. The secret that he passed along to Napoleon Hill was summed up by this statement; "Anything that the mind can conceive and believe it can achieve."
Believe me when I tell you that phrase is so simple, a majority of people, looking for the secret, skim right over it and never pounder the real power in the statement. Let's take a closer look at this profound statement that has become the cornerstone to every personal development and motivational program since Napoleon Hill introduced Think & Grow Rich.
Whatever the mind can conceive, that is any, ANY idea that you can imagine, and the conception of any idea is limited only by imagination. Any thought formed into a clear idea you can achieve. The key, the part that very few catch on to is the bridge between the thought and the reality of the thought.
To achieve you must first believe. Faith with emotion is the key to this formula. Faith with emotion is belief. When you create a clear picture of the goal you want and become emotionally invested in that goal is when you have established the belief in the goal. That is when you will achieve!
When you move past the hype of most self help programs you get to the core desire that everyone has. Everyone, regardless of present position, possessions or wealth, has the core desire that can be expressed as the following question; "how do I achieve the ideas that I conceive?" In short, how do I get from here to there and bring into reality the ideas that I have?
The secret to this process has been advertised in everything from religious programming to self help and personal development programs. There are thousands of printed books, eBooks, audios and video programs that claim to teach this very secret.
And yet, the secret itself has been taught for thousands of years. As a matter of fact, it really isn't any secrete at all. You see it demonstrated each and every day all around you. Every animal in nature has the utmost faith in this secrete. In all of nature, mankind stands alone in expressing any doubt about its existence or its effectiveness and yet it is mankind that has demonstrated the greatest advancements and creative ideas based on it. Still haven't guessed what it might be????
I think that of all of the explanations I have heard given about this secret, one of simplest and yet one of the most profound was offered By Andrew Carnegie to a young reporter, Napoleon Hill, whom he had just given the charge to interview the wealthiest and most influential people in America to learn their method of success.
It was Mr. Carnegie's dream to leave everyone a clear and concise plan whereby they could use the power of their own thinking to attract to themselves the means by which they could bring themselves out of the darkness of ignorance and rise above poverty. The secret that he passed along to Napoleon Hill was summed up by this statement; "Anything that the mind can conceive and believe it can achieve."
Believe me when I tell you that phrase is so simple, a majority of people, looking for the secret, skim right over it and never pounder the real power in the statement. Let's take a closer look at this profound statement that has become the cornerstone to every personal development and motivational program since Napoleon Hill introduced Think & Grow Rich.
Whatever the mind can conceive, that is any, ANY idea that you can imagine, and the conception of any idea is limited only by imagination. Any thought formed into a clear idea you can achieve. The key, the part that very few catch on to is the bridge between the thought and the reality of the thought.
To achieve you must first believe. Faith with emotion is the key to this formula. Faith with emotion is belief. When you create a clear picture of the goal you want and become emotionally invested in that goal is when you have established the belief in the goal. That is when you will achieve!
Tuesday, February 5, 2008
IT'S EASY TO EARN MONEY
by Bob Proctor
There is a very real possibility that everything you and I have been taught about how to earn money is so far from the truth that it's almost comical. Earning money has nothing to do with age, formal education, gender or geography. It has nothing to do with past experience or your formal years of education or your level of intellect. Check it out...there are individuals who are functionally illiterate who have become multi-millionaires, while there are others who are absolutely brilliant and they are broke. Virtually anyone can be taught how to earn millions of dollars and yet the sad truth is that 97 out of every 100 people are born, live their entire lives, and die without ever learning how to earn money. To perpetuate this ridiculous problem, their ignorance is passed along from one generation to the next.
Our school system has been designed as an environment to enlighten young minds, to replace ignorance with understanding and thereby improve the quality of life. Our educational system has obviously been successful in many areas. However, it has woefully neglected one important subject, "How to Earn Money." You can earn a doctorate degree in economics and have little or no knowledge of how to earn money. A lack of understanding in this area is the cause of numerous unwanted and unnecessary problems, since money is the medium of exchange that is used worldwide for other people's products and services.
There has always been a small, select group, approximately 3% of our population, who clearly understand that prosperity consciousness is the primary cause of wealth and their prosperity consciousness, like ignorance, is also passed down from one generation to the next.
Let's look at "money." What is it? Money is a reward you receive for the service you render. The more valuable the service, the greater the reward. Thinking of ways we can be of greater service will not only help us earn more money, it will also enable us to grow intellectually and spiritually.
Money Is An Idea
The paper you fold and place in your purse or pocket is not money. It is paper with ink on it. It represents money, but it is not money. Money is an idea. The earning of money has nothing to do with the paper stuff. It has to do with consciousness.
I am aware there are books that instruct you on how to manipulate the market, stocks and people...they might even help you get money. But, let me caution you...when there is no spiritual growth...there is no spiritual strength...there is no lasting happiness...and, there is no real or lasting wealth.
To accumulate wealth, a person must become very comfortable with the idea of money. That may sound strange, however most people are not comfortable with the idea of money, which is why they do not have any. The cause of poverty is poverty consciousness. A poverty consciousness will cause a person to see, hear, smell, think and feel...lack and limitation.
The late Mike Todd said, "Being broke is a temporary situation. Being poor is a mental state."
He was correct. There are wealthy people who lose every cent they have through a series of mistakes in judgement...but that does not make them poor. They will have it all back in a short time because of their prosperity consciousness.
If you have any question in your mind regarding your level of consciousness with respect to money, be very honest with yourself and look at your results. Study the patterns in your life.
If you want to improve your financial position in life, focus your attention on creating a higher level of prosperity consciousness. Begin by preparing a powerful, positive affirmation and fuel it with emotion. When you do this, you are depositing this creative energy in the treasury of your sub-conscious mind. And, by repeating this process over and over and over again every day, it will begin to alter your conditioning and mentally move you in the direction you want to go. Write it out, read it, feel it, and let it take hold of your mind.
How much money do you want? Saying you want more is not good enough. Five dollars is more. How much more? Decide on a figure. Be specific. You will not seriously want more money than you are capable of earning...however, you would be wise to remember, you must earn it.
There Are Three Income Earning Strategies
Trading time for money – By far the worst of the three income earning strategies, it is employed by approximately 96% of our population – doctors, lawyers, accountants, laborers, etc. There is an inherent problem with this strategy – saturation. You run out of time. If a person accumulates any degree of wealth employing this strategy, it will be at the expense of a life. They compromise on the car they drive, the house they live in, the clothes they choose and the vacations they take. They rarely, if ever, get what they want.
Investing money to earn money – This strategy is used by approximately 3% of the population. The number is small for the obvious reason – very few people have any money to invest. Many people who effectively employ this strategy follow the advice of a trusted, knowledgeable advisor.
Leveraging yourself to earn money – This is where you multiply your time through the efforts of others by setting up Multiple Sources of Income (MSI). This is, without question, the very best way to increase your income. Make a decision to have many sources of income; it's the strategy that wealthy people have used dating clear back to the ancient Babylonians. Unfortunately, this strategy is only used by approximately 1% of our population, yet that 1% earns approximately 96% of all the money that is earned! You are only a decision away from membership.
Once you determine how much money you want to earn, write it down on a sheet of paper in large figures. Look at the number with the dollar sign beside it and tell yourself over and over again:
That Amount of Money is an Effect.
It Represents a Reward that I Want to Receive.
What Service Can I Render that Would be Deserving of that Reward?
You can take the total figure and divide it into multiple parts. Each part would represent a source of income. Each source of income represents a separate reward that you would receive for a service you would render.
Work on one source of income at a time; each one can become an exciting part of your life. What you are actually doing is thinking of different ways you can be of service to others.
Think of how you can do whatever you do – more effectively.
Think of how you can improve the quality and quantity of service you render.
Think of how you can help people in a greater way.
Money is the ultimate servant. The more you earn, the more you can help others.
There is a very real possibility that everything you and I have been taught about how to earn money is so far from the truth that it's almost comical. Earning money has nothing to do with age, formal education, gender or geography. It has nothing to do with past experience or your formal years of education or your level of intellect. Check it out...there are individuals who are functionally illiterate who have become multi-millionaires, while there are others who are absolutely brilliant and they are broke. Virtually anyone can be taught how to earn millions of dollars and yet the sad truth is that 97 out of every 100 people are born, live their entire lives, and die without ever learning how to earn money. To perpetuate this ridiculous problem, their ignorance is passed along from one generation to the next.
Our school system has been designed as an environment to enlighten young minds, to replace ignorance with understanding and thereby improve the quality of life. Our educational system has obviously been successful in many areas. However, it has woefully neglected one important subject, "How to Earn Money." You can earn a doctorate degree in economics and have little or no knowledge of how to earn money. A lack of understanding in this area is the cause of numerous unwanted and unnecessary problems, since money is the medium of exchange that is used worldwide for other people's products and services.
There has always been a small, select group, approximately 3% of our population, who clearly understand that prosperity consciousness is the primary cause of wealth and their prosperity consciousness, like ignorance, is also passed down from one generation to the next.
Let's look at "money." What is it? Money is a reward you receive for the service you render. The more valuable the service, the greater the reward. Thinking of ways we can be of greater service will not only help us earn more money, it will also enable us to grow intellectually and spiritually.
Money Is An Idea
The paper you fold and place in your purse or pocket is not money. It is paper with ink on it. It represents money, but it is not money. Money is an idea. The earning of money has nothing to do with the paper stuff. It has to do with consciousness.
I am aware there are books that instruct you on how to manipulate the market, stocks and people...they might even help you get money. But, let me caution you...when there is no spiritual growth...there is no spiritual strength...there is no lasting happiness...and, there is no real or lasting wealth.
To accumulate wealth, a person must become very comfortable with the idea of money. That may sound strange, however most people are not comfortable with the idea of money, which is why they do not have any. The cause of poverty is poverty consciousness. A poverty consciousness will cause a person to see, hear, smell, think and feel...lack and limitation.
The late Mike Todd said, "Being broke is a temporary situation. Being poor is a mental state."
He was correct. There are wealthy people who lose every cent they have through a series of mistakes in judgement...but that does not make them poor. They will have it all back in a short time because of their prosperity consciousness.
If you have any question in your mind regarding your level of consciousness with respect to money, be very honest with yourself and look at your results. Study the patterns in your life.
If you want to improve your financial position in life, focus your attention on creating a higher level of prosperity consciousness. Begin by preparing a powerful, positive affirmation and fuel it with emotion. When you do this, you are depositing this creative energy in the treasury of your sub-conscious mind. And, by repeating this process over and over and over again every day, it will begin to alter your conditioning and mentally move you in the direction you want to go. Write it out, read it, feel it, and let it take hold of your mind.
How much money do you want? Saying you want more is not good enough. Five dollars is more. How much more? Decide on a figure. Be specific. You will not seriously want more money than you are capable of earning...however, you would be wise to remember, you must earn it.
There Are Three Income Earning Strategies
Trading time for money – By far the worst of the three income earning strategies, it is employed by approximately 96% of our population – doctors, lawyers, accountants, laborers, etc. There is an inherent problem with this strategy – saturation. You run out of time. If a person accumulates any degree of wealth employing this strategy, it will be at the expense of a life. They compromise on the car they drive, the house they live in, the clothes they choose and the vacations they take. They rarely, if ever, get what they want.
Investing money to earn money – This strategy is used by approximately 3% of the population. The number is small for the obvious reason – very few people have any money to invest. Many people who effectively employ this strategy follow the advice of a trusted, knowledgeable advisor.
Leveraging yourself to earn money – This is where you multiply your time through the efforts of others by setting up Multiple Sources of Income (MSI). This is, without question, the very best way to increase your income. Make a decision to have many sources of income; it's the strategy that wealthy people have used dating clear back to the ancient Babylonians. Unfortunately, this strategy is only used by approximately 1% of our population, yet that 1% earns approximately 96% of all the money that is earned! You are only a decision away from membership.
Once you determine how much money you want to earn, write it down on a sheet of paper in large figures. Look at the number with the dollar sign beside it and tell yourself over and over again:
That Amount of Money is an Effect.
It Represents a Reward that I Want to Receive.
What Service Can I Render that Would be Deserving of that Reward?
You can take the total figure and divide it into multiple parts. Each part would represent a source of income. Each source of income represents a separate reward that you would receive for a service you would render.
Work on one source of income at a time; each one can become an exciting part of your life. What you are actually doing is thinking of different ways you can be of service to others.
Think of how you can do whatever you do – more effectively.
Think of how you can improve the quality and quantity of service you render.
Think of how you can help people in a greater way.
Money is the ultimate servant. The more you earn, the more you can help others.
Sunday, February 3, 2008
Quote of the Day
If you depend on your company to take care of your retirement, your income will be divided by five. Take care of it yourself, and you can multiply your future income by five.
-Jim Rohn
-Jim Rohn
What Is The First Step For Starting A Successful Online Business?
What is the first step you should take when starting an online business?
Many of us (myself included) start our quest to make money online by reading about it. You will read about SEO, Internet marketing, making money on eBay, making money with affiliate marketing, and anything else you can find to help you make money online. You might buy one or more info products about making money online. Then after learning how to make money online for a while you will either:
1. Purchase a web domain and start setting up the website to make money using the knowledge you have gained.
2. Continue to read and read about Internet marketing and never take any action on your knowledge.
3. Make a sound business plan and then take action on that plan to build a successful online business.
4. Make a sound business plan and then NEVER take action on that plan.
Which of these paths do you think is the best way to get started online?
The answer, of course, is number 3.
3. Make a sound business plan and then take action on that plan to build a successful online business.
If you start trying to make money online without a plan then you will never know where you are trying to go. You might get there on accident, but it is better to have that defined up front. In other words, choice number 1 is not ideal, but it is MUCH better than choices 2 and 4.
With choice number 2 you gain knowledge but never use it. With choice number 4 you make a plan and never act on it. Neither choice 2 or 4 result in an actual online business being created. You would be surprised how many people follow paths 2 and 4.
YOU WILL NEVER MAKE MONEY ONLINE IF YOU DON’T TAKE ACTION!
If you are just starting out trying to make money with an online business, then the first thing you need to do is make a plan for success. Not just any plan, but a good solid plan based on YOUR strengths, skills, needs, and desires.
In the next post in this series we will dive deeper into planning the online business of your dreams.
Many of us (myself included) start our quest to make money online by reading about it. You will read about SEO, Internet marketing, making money on eBay, making money with affiliate marketing, and anything else you can find to help you make money online. You might buy one or more info products about making money online. Then after learning how to make money online for a while you will either:
1. Purchase a web domain and start setting up the website to make money using the knowledge you have gained.
2. Continue to read and read about Internet marketing and never take any action on your knowledge.
3. Make a sound business plan and then take action on that plan to build a successful online business.
4. Make a sound business plan and then NEVER take action on that plan.
Which of these paths do you think is the best way to get started online?
The answer, of course, is number 3.
3. Make a sound business plan and then take action on that plan to build a successful online business.
If you start trying to make money online without a plan then you will never know where you are trying to go. You might get there on accident, but it is better to have that defined up front. In other words, choice number 1 is not ideal, but it is MUCH better than choices 2 and 4.
With choice number 2 you gain knowledge but never use it. With choice number 4 you make a plan and never act on it. Neither choice 2 or 4 result in an actual online business being created. You would be surprised how many people follow paths 2 and 4.
YOU WILL NEVER MAKE MONEY ONLINE IF YOU DON’T TAKE ACTION!
If you are just starting out trying to make money with an online business, then the first thing you need to do is make a plan for success. Not just any plan, but a good solid plan based on YOUR strengths, skills, needs, and desires.
In the next post in this series we will dive deeper into planning the online business of your dreams.
What is Crabon Copy Pro and Who is Jay Kubassek?
Is Jay Kubassek’s CarbonCopyPRO All That And More? Or Not.
Jay Kubassek, an industry leader for almost 4 years now who currently markets Wealth Masters International, has launched what he calls the next revolution of marketing systems for online direct sales. Jay states his "new system is the culmination of years of experience plus the expertise of other Master Marketers such as Mike Dillard"
Kubassek continues, "After four years, $400,000 of market testing, and millions of dollars in earnings, we have perfected the most powerful, automated, turn-key, sales and marketing system on the planet. We have permanently solved every problem new entrepreneurs struggle with in Direct Marketing: The Human Variable"
Is Jay Kubassek’s CarbonCopyPRO all it’s cracked up to be or not? According to Natalie Stahl, CEO of Platinum7Consulting, who worked the front end of Jay’s business for the last year and a half, "How is a new person supposed to out-market someone like Jay Kubassek who has been in the direct sales industry for 4 years and 3 years in MLM’s before that? How is a new person supposed to out-market someone who has been at it for 7 years? One of the biggest dilemmas that new online marketers face, is that they are not comfortable marketing themselves. They realize that everyone wants to work with a leader. New marketers wonder how they can put themselves out there, and position themselves as leaders, without having any financial results to show. Most people want to work with leaders when they start a new business. They want to work with someone who already has results and can show them the way"
Jay Kubassek’s CarbonCopyPRO is the front end marketing system for Wealth Masters International. CarbonCopyPRO is supposed to allow individuals to market a system and a group of experts, as opposed to themselves. "Revolutionary" or not, CarbonCopyPRO is taking the pressure off of new peoples’ shoulders since they are able to rely on a call center to close their sales, and their main concern is simple driving traffic to their websites. CarbonCopyPRO websites are turn-key and don’t require a complicated set up. New members are able to get their system up and running in a matter of minutes.
Jay Kubassek states, "While virtually every other opportunity out there uses a broken business model with people competing against each other, we designed CarbonCopyPRO to be a professional sales and marketing system where everyone gets to share and leverage each others’ success. This is about creating a story and a legacy. It is something that has never been done before" Natalie Stahl adds, "It is refreshing to see new people not stressing out about making phone calls and marketing. They’re able to leverage the success and knowledge of others that already ’have it figured out’"
Although those interested in the opportunity are required to fill out an application, the application is well worth what waits on the other side. Other industry leaders that will also be marketing CarbonCopyPRO include Kristy Davis, Mike Leroux, Andrew Cass, Mike Dillard, Karen Teresa, Reema Hasnain, and many others.
You can check out the Carbon Copy Pro right here.Rich Blue Line
Jay Kubassek, an industry leader for almost 4 years now who currently markets Wealth Masters International, has launched what he calls the next revolution of marketing systems for online direct sales. Jay states his "new system is the culmination of years of experience plus the expertise of other Master Marketers such as Mike Dillard"
Kubassek continues, "After four years, $400,000 of market testing, and millions of dollars in earnings, we have perfected the most powerful, automated, turn-key, sales and marketing system on the planet. We have permanently solved every problem new entrepreneurs struggle with in Direct Marketing: The Human Variable"
Is Jay Kubassek’s CarbonCopyPRO all it’s cracked up to be or not? According to Natalie Stahl, CEO of Platinum7Consulting, who worked the front end of Jay’s business for the last year and a half, "How is a new person supposed to out-market someone like Jay Kubassek who has been in the direct sales industry for 4 years and 3 years in MLM’s before that? How is a new person supposed to out-market someone who has been at it for 7 years? One of the biggest dilemmas that new online marketers face, is that they are not comfortable marketing themselves. They realize that everyone wants to work with a leader. New marketers wonder how they can put themselves out there, and position themselves as leaders, without having any financial results to show. Most people want to work with leaders when they start a new business. They want to work with someone who already has results and can show them the way"
Jay Kubassek’s CarbonCopyPRO is the front end marketing system for Wealth Masters International. CarbonCopyPRO is supposed to allow individuals to market a system and a group of experts, as opposed to themselves. "Revolutionary" or not, CarbonCopyPRO is taking the pressure off of new peoples’ shoulders since they are able to rely on a call center to close their sales, and their main concern is simple driving traffic to their websites. CarbonCopyPRO websites are turn-key and don’t require a complicated set up. New members are able to get their system up and running in a matter of minutes.
Jay Kubassek states, "While virtually every other opportunity out there uses a broken business model with people competing against each other, we designed CarbonCopyPRO to be a professional sales and marketing system where everyone gets to share and leverage each others’ success. This is about creating a story and a legacy. It is something that has never been done before" Natalie Stahl adds, "It is refreshing to see new people not stressing out about making phone calls and marketing. They’re able to leverage the success and knowledge of others that already ’have it figured out’"
Although those interested in the opportunity are required to fill out an application, the application is well worth what waits on the other side. Other industry leaders that will also be marketing CarbonCopyPRO include Kristy Davis, Mike Leroux, Andrew Cass, Mike Dillard, Karen Teresa, Reema Hasnain, and many others.
You can check out the Carbon Copy Pro right here.Rich Blue Line
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