Rich?? Is that what you want??

Money.

I guess, that one word can show clearly what's our motivation in doing almost anything, ain't it?

Ok, in this post, I'm not gonna give some way or tips or anything. I just want to share my little things inside. Things I found throughout my life.

Two days ago, I read a book. In that books, the author asked one of his friend, a rich man, why still he try his hard in earning money. You know what's the answer?? The rich man said this. 'Money and me, well, you can see it as sugar and one with diabetes disease'.

That one answer makes me wonder about wealth. Should money be your aim??

You see, if you understand what the rich man from before said, he just can't stop doing and doing it again. Making money.

Now, let me ask you. I think, we're all doing this 'work' thing, in any field, to gain a state of 'financial freedom'. Correct me if I'm mistaken or you don't agree with that.

But then again, you see what happened with the rich man before. He just keep pushing himself more and more in making even more money. Is that the definition of 'financial freedom' you want to achieve?? I don't think so.

That's why, before you take any step further, I suggest you stop for a while. Just ask calmly what is your goal actually. I'm sure, by doing that, you'll take your goal near you.

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Secrets to Generating Wealth With a Small Income

By Stephen Kavita

To become wealthy is a matter of dedication and not landing a jackpot. I know of people who would be financially stable but because of their poor money management skills are deep in debt. Generating wealth is not determined by how much money you make. Making money is good but why do some people later become poor?

The first thing about generating wealth is watching how you spend your money. Do not just buy something because you like it, make sure whatever you purchase is absolutely necessary. In short, think before you buy anything. The best way to avoid impulse buying is having a budget.

Always operate on a fixed budget. A good budget should contain two categories which are day to day expenses and long term plans. Day to day expenses include things like food, transport and rent. Then the other category is long term plans, these include things like buying a house, a car or education. Make sure you divide your financial plan in these two categories.

When it comes to shopping, make sure you always have a list of the items you need. Also stick to the list, the best way to do this is to carry money just enough to cater for the items on your shopping list. It would be better you carry cash rather than your ATM or credit card whenever you go shopping.

Always live below your means if you want to generate wealth. Make sure you do not spend more than you earn, your expenditure should be low than 30% of your income. At least save 10% of your income, this will help you cater for your long term goals.

Financial planning is not easy but it is the secret to achieving financial freedom and thus personal development.


My comments :

Nice advice for such chaos times. People, listen this and listen good!! The very first thing interesting for me about this article is how it stated at the beginning that generating wealth is not determined by how much money you make. It's about how you spend your money, instead. Very inspiring principle. Every people knows it well in their heart, yet they tend, or maybe choose, to ignore it. But hey, whenever you ready to open your way to wealthy, to have such abundant money and stabilize your financial life, just choose well k.


regards,


b_t

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For You Network Marketer

The network marketing industry has changed drastically. Traditional networking methods do not work like they used to. In order to succeed in any company, you must become the person who people want to be in business with... Period! Follow "The Success Cycle" and you'll find yourself having more success in any business.

"The Righteous Way", 6 steps you must follow to be successful in network marketing

Step 1. Listen and talk - Find out how you can actually help the person you are speaking too.

Step 2. Learn - Educate yourself how to solve the problem that has been addressed.

Step 3. Provide Value Based Information - Without regard for making a sale, and without your own interests in mind, provide valuable and useful information to that person.

Step 4. Teach - Take it one step further than just providing the information, and actually teach the person how to solve their problem.

Step 5. Motivate - Assure the person that you are going to continue to provide help to that person and motivate them to take action.

Step 6. Repeat - If the same person brings up another problem in the future, repeat "The Righteous Way" with the person. OR Repeat "The Righteous Way" with someone else.

That's 6 way to gain more and more with your network marketing. Enjoy and Good Luck!

Regards,

b_t

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Business' Money Generator Demystified

By having great products or services does not mean that your business will automatically bring in more customers. It will not automatically give you continuous profits for your business. Efforts have to be done to bring in customers to buy and use your products and services. However many entrepreneurs fail to realize the importance of these efforts. They just wait to see nothing really happen to their products or services. In the end the business fails because nobody ever heard about their products or services or were not convinced that their products or services were the best.

There are six variables that will influence directly the profit in your business. Influencing these variables will significantly influence the amount of profit that you will get for your business.

1. Leads

Leads (also known as prospects) are the potential customers that your business is able to attract and come in contact with. They maybe someone who contacts you, your staffs or your office or those who walk into your shops, visit your websites or introduced by someone to you. All of these persons are capable to become your potential customers. The more the number of the leads you have the higher will be the chances that some of them will actually buy some of your products or use your services and possibly refer you to other potential customers.

2. Conversion Rate

Conversion Rate is the rate on how many of the leads is really converted to become customers. Businesses which are making profit are those who are capable to use various strategies and methods to enable them to have the highest possible conversion rate.

Leads x Conversion Rate = Number of Customers

This means that if you want to have more customers to buy your products or to subscribe to your services, then you must either increase your Leads, increase your Conversion Rate or both.

3. Average Dollar Purchase

"Average Dollar Purchase" is the average amount of money that each customer spends in realted your business. How much money they spend to buy your products or to use your services. Normally in any business, there are a lot of products with different prices attached to each of them. Encouraging the customers to purchase the higher prices products or utilizing higher prices services will directly increase further your profit.

4. Number of referrals

Referral to your products and services can be from existing customers, existing leads or from any other resources. Satisfied and delightful customers usually feel happy to inform about your products and services to their colleagues.

5. Number of Repeat Purchase

The mistake that many businesses do is to assume that all customers will come back to make repeat purchasing because they are satisfied with their purchased products or services. Usually this is not the real things that happen. Efforts have to be done to bring strong loyalty to your customers.

6. Net Profit Margin

The variables 1 to 5 will influence the amount of sales revenue that you will get. However this variable will directly influence your final net profit.

Sales Revenue x Net Profit Margin = Net Profits


Regards,

b_t

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Some Investing Guide

People invest with particular goals in mind, whether short-term or long-term. Whatever goals you have in mind, successful investing requires you to make decisions based on your needs, personal circumstances, and financial goals. And believe me, it's often different from one to another.

To come up with an investing plan, here is a six-point guide that may prove to be useful:

1. Know yourself. There are no two similar investors. We have different goals set, varying time frames to accomplish them, and a different risk threshold. When it comes to investing, risk is not altogether bad. Greater risk may present opportunity to reap greater profits in the long run. The first important step in investing is to find your comfort level between risk and reward and evaluate your investment time frame. To know your "investor" self, evaluate your risk tolerance, investment knowledge, objectives, gross annual income, and time horizons.
2. Start early. The simplest way to make your money work is to maximize "compounding," or the "process of money multiplying itself by earning a return on the return." CIBC Securities, Inc computes that when you start a bi-weekly contribution of $93 at 25 years old, and assuming a 7% annual compounding rate, you will make $500,000 at the age of 65.
3. Invest regularly. It is advisable to make small investments on a monthly or weekly basis rather than large contributions. Investing smaller amounts on mutual funds over long periods can also reduce average costs compared to sporadic purchases.
4. Create a diversified portfolio. Spread your assets across a broad range of investments. This reduces risk, shields your portfolio from downturns, and delivers higher potential returns over time.
5. Monitor your portfolio. Examine your portfolio at least once a year and make decisions.
6. Pick investments suited to your time frame. It is important to choose investments depending on whether they are to be accomplished on the short-term or long-term basis. Conservative investments are fit for short-term goals, whereas, a diversified, growth-oriented portfolio is appropriate for long-term goals.

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The Deadly 5 Sins of a Home Business

By : Alfred Sant




Starting your own internet Home Business to earn money online is among the most worthwhile activities you could ever do. Having your own internet business has endless advantages. You own your schedule; you get to set the number of hours you will be working. You've got no boss. Most of all, you can work straight from your own home, right in front of your computer. Isn't it amazing?

On the other hand, any newbie in internet marketing is in danger of making the mistake of being involved in the wrong business, following the wrong people and using the wrong methodology. Needless to say, internet scams are all over the World Wide Web. There's a good chance you might fall into some of the traps as you go along. Thus it is very important to know the ins and outs of the internet business industry to earn money online successfully.

In fact, you can victoriously generate an amazing amount of income once you're familiar with the twists and turns of internet marketing. As a jump start to being successful at earning money online, avoid these deadly five basic mistakes:

1. Don't buy programs that guarantee you overnight wealth. Though there are instant ways to earn money online, you can not really hurry success. There are not short cuts and you will not strike to riches within your first month.

2. Watch the system you are getting in to. Don't waste your resources on programs such as Cash Trial Sign Ups, Recruiting Pyramids, Online Survey Fillings, obscure Affiliate Programs, and many others. It's bogus when some programs promise you of earning big money when you enlist other people or investing money up front on an online venture is a the fastest way to get scammed.

3. Go one day at a time and one strategy at a time. There's a much bigger potential to truly earn money online if you choose only beginner strategies at an early stage. Try to dominate simple strategies before getting involved in complicated ones. Try avoiding E-books creation, E-Commerce, or Forex Trade for the meantime.

4. If you're starting as an internet marketer, don't commit the error of investing on expensive online courses or training programs. It's hard to tell whether they are scams or true, whether they're useful or insignificant. So, even though there are $500 and $1,000 programs that are very good, you certainly don't need them to get started.

5. Focus in just one strategy or in just one system. If you are absolutely determined to earn money online, stop trying every single business that sounds promising. The end result is just information overload when you were just actually wasting your time. Instead, you should put your time and energy on learning first-rate, exceptional courses and stick with it until you make money.


My Comment :

Cool stuff. Well, here, get your eyes opened. Reading this articles and try to chew em. Home Business isn't something easy. You still need to do a lot of work. I really mean it, A LOT. But hey, when you succeed, you'll have pretty good one mate. You'll have good flow of money through your pocket. Even when you are sleeping whole day.

Regards,

b_t

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Finding Your Opportunities

Changing your way of wealth seeking toward something more enjoyable is something seem easy. But is it?? It's not. There, I told you already. But here, I'll try to give you some hint bout something that can save you from wasting your resources.

The hardest part about finding a home based business opportunity is finding the best one for you. You will be able to find any home based business opportunity that you can imagine. However, when you do find them you will have a hard time trying to determine which one is the right one to choose. Here are some ways that you can make the search easier on you so that you can find the right one.

1) you need to do some research for home based business opportunities. Once you find them you will need to weigh the benefits against the disadvantages of that particular business opportunity.

2) you need to research all of the different ways that you can make money online such as affiliate programs, online auctions, network marketing and all the others. This way you can find out what way you want to use to start your home business. It will also help you narrow down the business opportunities that you will be presented with.

3) you want to start a list of the business opportunities that interest you. This will give you an idea of the ones that you will want to go back to investigate more fully. In other words, you will want to go back to the first thing in this article where you will need to weigh the different opportunities.

4) you want to find home business forums and join them. This will give you a chance to talk to other people who are involved in home businesses that you may be researching. They will be able to tell you what business opportunities they are having success with. They will also be able to tell you which ones are no good. Another thing that forums are good for is the reviews. People write reviews about the different opportunities that are available. This will give you more information about which ones are better than others. You just need to remember that just because others like an opportunity does not mean that it will be the right one for you.

By doing these four things you will have a much easier time finding a home based business opportunity that you will want to do. Don't join just any opportunity until you have thoroughly checked them out. This is an important step to take when you want to start your own home based business. A lot of people don't do this and then are disappointed later on when the business opportunity that they joined turns out to be what they were not expecting.

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