Category Archives: Inspiration

Is phoenix real estate turning into a sellers market!?!?

Well the stats are rather convincing.  Look HERE for all of the stats. For houses priced under $175k there is very little inventory and prices are going up.   WOW, this makes me feel much better.  What is most awesome about this is that most sellers still don’t know, so there are plenty of really good deals out there. 

I want to make my money in real estate and I see that the time is getting short.  I spent over 10 hours today working on my real estate business.  Tomorrow I plan to do at least 8 hours.

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Do you respect your money?

The other day Adrian posted a great blog entry that really got me thinking.  His idea is that the number one most important lesson to be learned by people who want to be rich or be better off is not delayed gratification, not saving, and not any of those other things that all the books tell you.  Instead it is the concept of actually respecting your money.

moneyPlease read his blog, it is good, but I want to take it even farther.  I think that you respect for money is based mostly on what you learned from your parents.  When I say respect I mean that you value money, you value the stuff that you own that you bought with your money.  I have found that most rich people I know have a deep respect for money.  Some of the richest people I know watch where they spend.  They almost never throw anything away, they will have a sale first.  This is not being frugal, these people will invest in very expensive quality items that will give them long term enjoyment and even have a residual value.  They will buy things, but when they do they make sure that they get the best value.  They also think long term, and they look at the total cost of something, including the financing cost.

For years I have been in retail sales, owning my own computer company.  I have always had the hardest negotiation with those that were rich.  They would fight for every dollar to get the best deal, and I would give it to them.  But the people who could barely afford my services would never ask for a discount.  I have had friends who are always out of money, but they would ask me to go out to a restaurant with me and they would spend 2-3 times as much as I did.  I value my money, so I look for the best value when I spend it, at a restaurant that means usually having a coupon and usually I order one large item that will fill me up.  But most people order a smaller item, then the add on the salad, an appetizer and then if that is still not enough they add on dessert.  This same guy also had his car break down, it was going to be 400 to fix it, so he decided that it was time to get a newer car.  He found a car that was worth about $7000 and he bought it from a dealership that caters to people like him, he paid over $11,000 after he traded in his old one, and he agreed to 24% interest.  He did not need this car now, and I had connections he could had used to get it much cheaper BUT he needed it THAT DAY, he could not wait, and he paid the price for it.

Needing gratification now is the KEY that keeps most poor people poor.  Companies know this.  Car dealerships are told to get people to fall in love with the car then tell them that they need to buy it now to get that one.  One of the most profitable segments in our economy right now are the rent to own stores, just pay a bit now and you can take these new items home.  The typical price is about 350% the price you would pay if you just bought it at walmart today.

But the other most common trend among these people is that they never would think of starting their own business.  They usually don’t think about selling their old stuff, they simply give it away.  A friend of mine is in charge of cleaning up houses after they give their keys to the bank, and it is astounding how much stuff of great value they leave behind.  They leave furniture, toys, TV’s, computers, clothes lighting, and boxes and boxes of stuff.  Why did they not sell this stuff, and pay their mortgage…we will never know.

People that respect and value their money are able to live much much longer with out money.  A lot of people who own businesses now are also hurting, they have lost their business, they have lost their credit, yet almost all of them that I know are doing quite well, they manage to find money to pay the bills each month, they sell things, they dabble in freelancing for other companies, they do consulting, but the bottom line is that they do what they need to to keep afloat.  Then I know other people, who have never had that drive, and they sit at home all day playing video games, and they do nothing other than look for handouts.

This fundimental view of money does a lot more than effect our personal lives, it also shapes our nation.  Because the rich and poor spend money so differently they often scratch their head when they look at eachother.  When I had a lot of money, yet I would still buy things on sale, and I drove a modest SUV and such, many people wondered why I did not spend more, why I was also so “cheap”, it was not logical to them.  And then I look at them, and how much they spend when they have nothing and I can’t understand it, it is not logical to me.

To me and others the most frustrating part of people not respecting money is when it is your money that they are not respecting.  At this time our governments are spending money at record levels, our money, and they are doing it with very little respect.  They give money away, they waste money all over the place.  Right now they are spending our kids money, but soon they will start spending ours.  The plan to start taxing energy soon, and many other things.

So think about how much you respect you money.  I would love to hear what you think, please leave a comment.

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The Generation Gap and the Church

That is a huge and growing Generation Gap in the United States.  They have been talking about this at church recently.  About how there is a “Missing” Generation in the churches of America.  How people from 19 years old until 35 are vastly underrepresented.  I am in that group, and I agree, we are vastly underrepresented.

A Quick Warning: This blog entry will be about averages and the groups as a whole, there will always be exceptions to every case but generally the following is true.  I deal with the general public all of the time and I have had friends of many different ages.  I will use the way a church operates during this entry to show the differences.   Watch this video to see facts about the world you may not know.  [youtube=http://www.youtube.com/watch?v=jpEnFwiqdx8]

The older generation simply does a poor job of relating to our generation.  There are some fundamental ways that we think differently, and these differences get in the way often.

Interactive vs Broadcast

To me the most profound difference is the way that we interact with other people and with the world.  For most of those over the age of 35 the world was mostly a broadcast world.  People made TV Shows, made newspapers, books, and gave sermons, and you sat there and watched or listened.  You appreciated what was going on and that was it.

But the mindset of the people under the age of 35 is an interactive one.  We grew up with video games and soon after computers.  We decided what we would watch, what we would listen to, and when.  We want the world to work together.  In corporate America this has created the power of teams, almost every successful business puts people in my generation in teams, and empowers those teams to make some decisions.  This is why the most successful show on tv is American Idol, we want to vote to see who stays on.  We have YouTube and Video On Demand, so we can watch anything we want on out time table.

The successful church must realize that for people in this generation the Sermon is just the introduction to the conversation, and they must make ways for the conversation to go on and to get the input When they don’t we simply feel frustrated.  Our generation is very tech savvy so even if they brought the conversation online afterward it would much better than the way it is cut off now.   The older generation is done, and ready to move on.  The successful churches introduce the topic and start the discussion online days before the sermon on the pastors blog, and comments are posted and replied to, so when the sermon comes on sunday my generation is excited to go and see it to see if what we said made a difference, it makes us hunger for it and we are sure to attend. I am talking about much more than just saying Amen here and there.  Actually that looks kinda fake to us.  I often feel like a pastor is up there trying to answer all of the questions that he thinks that the audience may have but never bothers to ask them what their questions are.

Values

On Tuesday night on ABC they have a show called “What would you do”, it is basically a hidden camera show where they set up situations to test peoples ethics.  On the show they said that one of my generations main values is the Value of Tolerance.   Our generation is very diverse, and people often express their thoughts by how they dress.  I really don’t think that the older generations gets that we really don’t care that much on how you dress.  We will take how you look and make some preconceived notions but if your actions are different we quickly can change that.  Who cares how you look, it is about who you are.  I think that much of this comes from the fact that successful people in our generation come with all sorts of different looks and different backgrounds.  I basically will treat you the same if you wear a suit, or if you wear torn shorts and a old raged shirt as long as you act the same.  I think that much of this also comes from the fact that we carry on most of our relationships online or on the phone.  I have people I have talked to for hundreds of hours over a period of more than 5 years, who I have done business with, who I joke with and have tried to inspire and build a relationship, but whom I have NEVER met in person and never even seen a photo.  I think that concept is totally foreign to people in older generations.

Another main value of my generation is Truth.  Being real, being authentic.  I think that we are much harder to offend than people of older generations.  We want to get to the point, to get real.  The point where it starts to get good for us is well past the point where older people get offended.  One thing I find very lame in church is that pastors stop way too early, they stop before they get to the meat, or the truth because if they do keep going on someone may get offended and walk away, but in doing this they look weak to our generation, unwilling to be authentic for fear of what others may think.  Remember that our generation is the generation of tolerance, and because of that we are hard to offend, plus we have seen it all and heard it all on TV and on our computers.  For us it is about community, we know that no church is perfect, and no church leader is perfect, and that it is OK to have opinions that are different than the leaders.  Older people want to find the church leader that thinks exactly like them, and for this reason the leaders usually are reluctant to take a stand, this keeps the older generation from leaving but it looks completely fake to my generation and turns us off.

One huge value of older folks is that of Authority.  But to us we know that the world has become interactive, and that for many decades we have been betrayed by authority giving false information, and because of this we doubt everything.  For the boomers you just tell them that something is true and they run with it, but we research it, we have Goggle at our fingertips and we use it, 23 Billions times a month on average.   We know that big companies can have no web site at all and we know that a guy running a business in his underwear in his dining room can have an impressive and huge website.  We know that some crazy person can edit Wikipedia and change the information you are reading.  We also know that an unknown with a good idea can publish it and have a million readers in a few days.  For most of us there is no ultimate authority or truth, it is just millions of interpretations of truth.  This is the very reason that it so very hard for the church to reach us.  First there is only a broadcast, no conversation, and when they broadcast they tell us what is their truth, but their truth is different from what others have said and they do little to prove their truth.  They read something out of the bible to people who may not truly believe the bible is truth, they have heard so much that discredits it.  Again this is why a conversation works much better than a broadcast.

Another value of our generation is that of Equality and fairness.  Most of us believe that everyone should have an equal chance at success, that we should all have a say in things.  We all want a turn to share what we know, we want to be empowered.  In business school there were a lot of good lessons, and one that stuck with me the most is delegation.  First if you are a leader you need to delegate as much as you can, you cast the purpose and vision of the company and then delegate to smart people who have bought into that vision and give them the power and freedom to do what it takes to make you successful and the results will always be more than you ever thought it could be.  If we don’t know the WHY to a task, and how our efforts fit into the big picture than we feel like what we do is not so important so we just don’t do it.

[youtube=http://www.youtube.com/watch?v=ODQ4WiDsEBQ]  Another virtue of our generation, and one that has caused some of the largest generation conflicts is the Ubuntu concept.  People in my generation see the world as one huge mass of humanity.  We should be helpful to others, we should share with others, we should build a community of caring, trust and unselfishness.  An African word has been used for many decades to express this concept, that word is Ubuntu.  Recently a group of programmers took this concept and named their operating system after it, because they built their entire OS on this concept of community.   They call the OS Ubuntu, in a few short years it is already better than windows, and as more things work with it it is gaining market share, recently passing the Mac OS as the second most used OS, and I think that it will overtake Windows as the most popular OS in the world in the next decade.   People in my generation make stuff so that it can be useful to others, and we don’t care if they use those things, and for the same reason we don’t ask if we can use what you made, we download your music, and your movies and use them however we see fit.  An open society is in direct conflict with the current system of copyrights.  Some smart companies are releasing their content to the web, and letting people change it and build on it, making those companies totally hip and cool.  While other go after and sue people who do the exact same thing, GM recently after people liked one of their commercials so much that it was posted on youtube and 3 million people viewed it, then they sued to take it down, are they that dumb.  (Well I did see their stock price recently so I guess that is my answer.)

We are used to information on demand.  I can access more information from my desk in 20 minutes than what would take a whole day in the library of congress just 20 years ago.  We are a generation that is flooded with information and rich content, but at the same time we yearn for a real human connection.  We don’t just want to sit in a lecture but we want to be part of the conversation and push it forward.

Final Thoughts

There is a verse in the bible that goes “Teach a child in the way he should go and he will not depart.”  By the time someone turns 21 they have formed 95% of their habits, and generally decided where their life is going.  For 100’s of years church was the center of society, but in the 1960’s it started to fade, there was a leadership crisis and for the first time the population as a whole doubted if we would be involved in a war.  Until the 1950’s most expression was banned, and by the 1960’s it was unleashed, and there was a new culture that was raised up, one without God at the center.  The people who were teens during this time did not go to church much and did not make it important to their kids.  The concept of church lost critical mass, it was very uncool to go to church.  Almost everyone that I know under the age of 35 is in church because they grew up in church, very few found church later on.  Now we have millions of “Unchurched” in our generation, many have never been to church or when they did they felt like they went to a lecture, they made no connection, they felt like they had no say in anything so they just never went back, and they took that opinion with them.

To reach these people is a very hard task now, because they feel that they are doing fine now, and that they don’t need God.  Many churches express God like a Magic Gene who solves all of your problems.  My current church is not like this but many churches I have visited basically have the same theme over and over, “Life is hard, life is tough, the world is unfair and against you and you need to make God part of your life so he can fix it.”  I hate it when I hear people say this.  To my generation life is awesome and great, we have more at our finger tips now than even existed for our parents, we are generally happy with out lot in life.  The message that would work for us is this “God can be your best friend, he will help you when you need it and celebrate with you when you do good, he has great plans for your future, full of hope and success.  The better you follow His advice the closer you will get to His vision for you life.  Join us and you will have an entire community at your side working to make God will happen in your life.”  Too bad few churches today are preaching this.  I love how we say in our church “Success to you and Success to the kingdom of God”  Because that is really what it is all about, lining up our definition of success with that of what will create success in the kingdom and then going for it.

The church that successfully reaches my generation will be the one that speaks the truth holding nothing back, allows us to participate in the conversation, allows us to discover what is truth, and allows us to all work together to build a community, getting rid of the idea of leaders and followers.

My very steep mountain I plan to climb. (My Mission in life)

This entry is about my mission in life, and my mindset right now.

My goal, is to be very wealthy.  I don’t really have a personal need to be wealthy but I have felt for a long time now that it is my calling in life to be so.  The reason for this is that I can help many people out, so that I can leave a legacy for my children and their children and to help the Kingdom of God in all of this.  I want to be the one who builds schools, churches, community housing projects and so on.  I have had a desire for this for many years but have gotten distracted a few time.  Now I feel like I am behind schedule, I have this huge goal and to accomplish it I need to act now and act aggressively.  I need to have a very steep slope to my net worth mountain.

The good news is that in times like this, with economic turmoil and such it is actually easier for a smart person who sees the trends to gain massive wealth.  I can buy stocks in good companies for huge discounts.  I can buy houses for cents on the dollar.  These things will always rebound, they may take some time but they will.  I can take advantage of the huge wave of people who are eager to snatch onto the dream of finally being their own boss, I can consult with them and make tools for them to get there easier, because I have been there my whole life.  Of course I will charge for this service.

My goal is to have a net worth of $5 million dollars by the time I am 40 years old, and $10m by the time I am 45.  (I am 33 now)  I will consider any donations I have made to be part of my net worth.  To get there I would need to earn a huge amount of money.  I will invest most of that money until I get to my goal.  This is a very steep mountain to climb.  I have made money at this rate in the past buy I grew my company too fast and trusted people who screwed me and soon I was bleeding 10k+ per month.  I have learned that lesson but I do know that I can not do all of this myself.  I need to use other peoples money and other peoples time to get to where I need to be.  If I do everything that needs to be done I will never make it, never even get close, I have to hire others to join me.  For over 10 years now I have always had at least a few people who work for me, people who I can call when I make a sale.

So to make this goal I need to really start to climb, to earn huge amounts of money.  Well that is actually much easier than you may think it is.  There is more opportunity now simply because the market is totally inefficient right now.  This means that prices are all over the place for the same item, mostly caused by crazy desperate people who are selling things at fire sale prices.  This lets us take advantage of research and work to find the best price on something and sell it to someone who does not do the research.  This can be done on houses, cars, computers, information, labor, and almost anything else that can be bought and sold.   You can buy cars for $5k that sell for $10k the next week.  You can buy houses for 20k that were once worth 200k and sell them for 80k with ease.   I just bought over $1500 in computer parts from a guy for $100 simply because he got them from a guy who went out of business and had no idea what they were worth.  Money is just sitting there everywhere waiting for someone to pick it up.

Right now is the best time I have ever seen in my life to buy Real Estate, and probably the best time there will be.  You can buy a house now for such a low price that you can rent it out and have the rental payments cover the entire cost in under 5 years.  You can then hold on to these houses for 10 years and sell it for many times the purchase price.  This is the main way I plan to make my long term money, but I need to fund this with short term money.  My plan for this is to sell websites, sell business opportunities, such as this one or this one.  I have another huge idea in the works that I think will make a million dollars in the next 3 years as long as it is done right.  I need all of this because I have a high goal.

Mindset is Key.  mindset

Less than half of a percent of the population in the US has a net worth over $1 million dollars, and with the current market that number is falling.  Most of the population is deep in debt and the ones that are not don’t have a huge net worth.  Most people simply do not posses the entrepreneurial spirit, they do not have the mindsets required.  They do not even have this as a goal.  There is probably less than 2% of the population that is serious about being an entrepreneur, about being truly wealthy and free.  For me and these others like me we must have a different mindset from the rest of the world.  What works for the normal, happy to have a job, people in this world actually hurts us.  And what works for us does not work for them.

There is about 10% of the population that thinks that they are an entrepreneur, people who have gone out and created for themselves a business, or they dabble on the side trying to run a small home based business but most of these do not have the correct mindset.  They simply do not see it.  For years many of my friends have fallen into this group, and for years I have talked to them, tried to show them the way.  Given them books on the subject like the awesome E-Myth by Michael Gerber.  All with very little result, they almost never get it, and they just can’t figure out why even when I tell them directly, so for the most part I have stopped.  I love to deal with the people who have the right mindset already.  You can tell someone simply does not get it when they keep saying “You can’t do that” but in reality there is very little we can not do.  We can buy houses for 10 cents on the dollar and not use one cent of our own money, we can sell a service to a client for one price and then hire someone else to perform that service for a much lower, yet still fair price.  We can do something once and get paid for that work for a long time to come.

entrepreneurTo have the correct mindset you must realize that there are different rules for us.  I have found that people like Donald Trump, Robert Kiyosaki, Ric Edelman, Dean Graziosi and Adrian Cartwood can equip you with the correct mindset.   For the other people who are not entrepreneurial they can listen to people like Suzy Orman, Clark Howard and David Ramsey but for us much of the information they say is toxic to our mindset.  They focus on what to do with the money that you earn, how to divide it, how to save it and such, and they focus very LITTLE on simply making more.   They focus on how you should not used debt at all.  I agree with all of this for “normal” people.  I think that normal people should only take on debt to go to college and buy a meager house, and maybe to buy a first car.   They should save their money for retirement and live a very frugal life.  They should max out their 401k and invest in mutual funds.  (For all people even these I strongly suggest that they separate their home equity from their home, it make much more sense.)

But for us E-Type people this is crazy talk.  I know I can do much better in life than that sort of existence.  If we have a good idea we should borrow to make it happen if we don’t have the resources ourselves.  We should keep an eye out for the needs of others and look for ways to fill those needs.  We should delegate anything that we can to free up our time to focus on growing our business.   We should focus on increasing our income 10 times as much as we focus on where it all goes.

E-Type people should give away money with abandon to worth causes.  I personally believe in Christian education and I help out many children go to private Christian schools, third world children who would not have a good education if I did not help out, now they have a chance to be something great in the future.  Almost every millionaire I know gives away more money per year that most people earn.  I remember a few years ago my Grandfather walked into his local church and gave them $100,000, just a few months before he died.  I remember growing up with my uncle and seeing him write checks for $5,000 when a missionary came to his local church.  I remember he would always give us $10 or so every time the offering came by and we would dump it in, teaching us to give.  I have a good friend locally who makes over $50k a month and gives over $10k of that away each month.    We are blessed to be a blessing, the more you send out the more you will get — people just don’t get it.

Final Thoughts

I really hope that you have gotten inspired by all of this.  I was inspired by the 7m7y project recently.  And just this week by two other great guys.  We really

Recession is a good thing if you have knowledge.

Ok, maybe this title is a bit shocking.  In easy time it only really takes money to make money.  In good times you can use a dart board at a page of stock symbols and make a decent return.  But when times get bad, like they are for many right now, most of the money gets really scared.  They don’t invest in the great companies that still exist, they don’t short the walking dead, they don’t buy the houses that are dramatically reduced.  They simply sit there and they buy bonds and Gold or just keep the money in CD’s if they can find a bank they trust.  Bike Race up Cat's Hill

It is said that on a long marathon, or in a long bike race that the best racers are hopeing for the hills to come, because it is the hills that lets them show their mastery and where they can gain ground on the competition.  When it course is flat and easy it is much harder to get ahead.  In the same way a recession is a great time for the smart and knowledgle person to get ahead. I am confident that if I was given $1 million dollars to invest as I see fit I could turn it into $3 million or more before this recession is over.  More self made millionares are made during a recession than during any other time.

During any time of significant change those that figure out the new way things will work and form a profitable business plan around it first are very likely to succed.  The people who are failing the most now are all the people who still have not found themself in the information age, the ones who still think that we live in the industrial age, you know the people who like to work for a factory, get a pension and live forever.  That age has been gone for 15 years or more, but most americans still live in it.  During this time there will be many people entering the information age, maybe for the first time.  People who will make a living online.  And there will be people like me there to help them, there to show them the way, and of course I will make a small profit on the activity.  This actually has been my main source of income for some time now.

So what would I do if I had a million dollars right now.  Well first I would build some online businesses, and make oppertunities for those who want to join the information age to do so with me.  But most of my readers can not do that I would guess.  So what would I do if I was them, and I just wanted to invest.  Well first I would take most of that money and start looking for good real estate.  There is plenty of it around, and there is plenty of it at prices that are lower right now than where the bottom will settle.

Just last week I was presented with a deal on a rental house, it sold for $180k only 3 years ago.  It now sat ready to buy for only $37k, and it could be rented for over $800 per month.  Using simple math that means that in less than 4 years your rental income should pay for the entire house.  That is like getting a stock with a P/E ratio of 3.8.  Sit on this one for 4 years and you get all of your money back, and by then housing prices will be out of the whole and you could sell this house for $120k or so, pure profit.  Do that over and over with half of the money and you could buy over a dozen houses, worth at least 1.5 million total 5 years from now.  Now that you know how to buy them cheap maybe other investors would like in on the deal, and you can let them buy some of the houses from you.  So lets say you buy 10 houses at an average of $40k each (Something that is easy in the phoenix market if you know where to look.) You invest another 5k in to making them nicer, and in getting them rented out to nice tenants.  Then you sell the house, and the future cash flows, you can do this at a rate of 10 times the projected yearly earnings, this is what investors look for.  That would be near $90k or so per house.  Now do this as fast as you can.  Lets say you buy 5 each month and sell 5 of the other houses each month, that would be an income of over $200,000 per month.

I am confident that I could do this already, I have the connections, I have the renters, I have the knowledge, my only problem is that I don’t have the money, because I was distraced with my other businesses, and my investment in them does not let me walk away.    My plan is to work hard in my current business, make $100k or so and then get started buying, filling and then flipping houses to other investors who don’t want all the trouble.  Take all procedes from each sale and buy more houses with it, do this until I am so busy that I can’t sell all the houses, so then start to keep some of them.  Do this until the recession is over then ride the wave of the readjustment back up, it will not be as large but should be good.  Now these rentals are my retirement fund.  Sell one when I need money.

This is a lot of work, and the key to success is partnerships.  This was my plan back a few years ago but things happened that distraced me, a wife and two kids later I was ready to go, but I got stunned by the economy a bit, but now I am over it and ready to go.  Anyone want to join my team and work with me.  Send me an email.

1 Year Blogging

Well this year is now exactly 1 year old.  My first entry was on the date back in 2008.  It has been an interesting year.  I expected to blog much more than I actually did.  I have so many ideas but many of them are already written by someone else much better than I could do it.  Then other times I have a great idea for something that I want to share with the world, but I either don’t completly form the idea and I figure that I would rather wait, or else I forget about it by the time I get to a computer.  I have tried to bring up interesting topics, such as my series on MLM‘s and my series on computers.

I have found some interesting stats while I have been doing this.  First off my article on How to select a laptop, is by far the most popular one I have ever wrote.   It has been the most popular article EVERY week after I wrote it.  Other entiries also have stayed popular for months, such as my article about Gold Prices, and one about a new Nigerian Scam that they tried on me.

If you do not subscribe to this blog I hope that you would.  I have a lot of ideas and I am also working on blogging about my new business I am working on.  I would love for people to follow along tell me what they think.

Thank you to all of my readers, I hope nothing but success for you in the next year.

Some prespective for your life…

One of my friends posted a blog the other day.  Here is his blog entry.

Please read that before you move on…..

After reading that I had to make a reply, and I thought that it was important for everyone to read it so I posted it here also.

Anyway it is so true.    I lived in the Philippines for a year and a half and I was very much in the elite, I was able to get the best service and best of everything when I was there and I lived on less than $2000 a month.

Most of the people we know there made less than $100 per month for their entire family.   We have chosen to give to pay for 4 kids to have a full ride at one of the nicest private high schools, with tuition, transportation, food and extras we send them a total of $150 a month, and that covers all of it with some left over.

If I was a millionaire I would have a very hard time buying this really expensive things, knowing that for the price of this Rolex I could send 10 kids to school for a full 12 years and dramatically change their life, after thinking about that there is no way I could buy the watch, the $80 watch I have now works great, looks great and is enough for me.

While I was there I was at a church and they had a video, it basically showed some stats, that if you slept in a bed, had a shower in your house and kept your food in a refrigerator you were better off than 85% of the world population.  If you had a computer in your house, now you were in the top 9% and if you had a car that put you in the top 5%.   I am sure that almost everyone that reads this falls in that top 5% and most of you also feel poor, and depressed about it, so feel blessed for what you have and move forward in life.

My Rapid Development Test

Let me tell you a quick story about part of my week.  I think this is how true Entrepreneurs operate.

On sunday I was sent a spam email for a service that looked fairly interesting.  For $39.95 per month it was interesting but I am cheap so I did not buy.  I forwarded the link to my business partner, mostly as a joke, saying “Look how easy it is to make money online.”  When he saw the page he thought I was right, and he asked me if we could do the same thing.  I thought about it for a few seconds and figured “Why Not”   So on monday afternoon we told a few others about our idea.  They really liked it.

I then wrote a plan of how to program it, it used some PHP and some other things that were above what I could do, so I wrote a project for it and tried to get a free lancer from Asia to it.  I had many freelancers talk to me about it but it seems that none of them got it, so I started thinking about how I could do it myself.  So all tuesday morning I worked on coding, and by tuedsay afternoon it was done.  I still had a few glitches and by wednesday morning it was totally complete.   We emailed it to a few people and they were loving it.  On wednesday we had our first customer at $20 per month.  Thurday we added a second.  On friday we talked with a guy who is confident that he will help us sell 50 sites.  We gave him a free account.  Now it is friday night, one more person just signed up for $20 a month.   I figure at this rate we should have 50 new people a month or MORE.

So lets recap.   We went from idea to profits in under 72 hours.  We have zero cost other than our time, and have $60 per month coming in already with much more to come.  I will keep you updated and in a few weeks give a total of how many people we have.

Rapid Development is the key to all of this, most people I know would not just jump in, they would hesitate, and then never do the idea at all.  That is what I would normally do, but that is why I have a business partner that likes to get thigs done.

The best way to have a good idea is to have many ideas.

idea_bulbI saw this topic on a TV today, was the quote of the day.  I was thinking about it for a while and it is so true.  So many people come up with one idea and they focus on that way too long.  And for most people that idea is to work for some big company.  Once in they are in that job the company gives them a ladder that they start to climb…. work two years then get a bit more power and a bit more money, then do it all over again.  It is just enough to keep people doing it yet never enough to let them do anything else.  This works great for the people who own the company.

See I have never had a day job, I have only had businesses.  I also have make it clear to many people that I am an entrepreneur and I have surrounded myself with people that are also the same way.  This lets me get on the ground floor with some great ideas, it also give me access to many great ideas and from that I can select the best ones and work on them to make them even better.

In the last three months, I have joined an MLM company that helps people do loan modifications, I have started a new company that sells online marketing, I have been developing a concept that lets us help people create instant online stores that sell my products.  And just this week I joined another MLM that has a great marketing idea to get people more web traffic.  I also made adjustments to my main company, Emerald Computers, I have lowered prices and automated things much more. On top of this I have discovered some tools that make my life much better and more profitable, and I have connected with some people who also do the same thing for me.

So all of this means that I am much better positioned to have wealth flow towards me.  With all of these ideas at least one of them should be a home run and make my fortune this year.

The best way to have a good idea is to have many ideas.

I saw this topic on a TV today, was the quote of the day.  I was thinking about it for a while and it is so true.  So many people come up with one idea and they focus on that way too long.  And for most people that idea is to work for some big company.  Once in they are in that job the company gives them a ladder that they start to climb…. work two years then get a bit more power and a bit more money, then do it all over again.  It is just enough to keep people doing it yet never enough to let them do anything else.  This works great for the people who own the company.

See I have never had a day job, I have only had businesses.  I also have make it clear to many people that I am an entrepreneur and I have surrounded myself with people that are also the same way.  This lets me get on the ground floor with some great ideas, it also give me access to many great ideas and from that I can select the best ones and work on them to make them even better.

In the last three months, I have joined an MLM company that helps people do loan modifications, I have started a new company that sells online marketing, I have been developing a concept that lets us help people create instant online stores that sell my products.  And just this week I joined another MLM that has a great marketing idea to get people more web traffic.  I also made adjustments to my main company, Emerald Computers, I have lowered prices and automated things much more. On top of this I have discovered some tools that make my life much better and more profitable, and I have connected with some people who also do the same thing for me.

So all of this means that I am much better positioned to have wealth flow towards me.  With all of these ideas at least one of them should be a home run and make my fortune this year.

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