Tuesday, October 27, 2009

The New Law Of Money: Buy, Save and Receive

This is something that I had to write about. An amazing process is being implemented. Now people like you and I can make purchases, save money and time while producing a revenue stream all for no cost.

A new company named Blastoff is creating a new law in terms of money. This phenomenon is catching on so quickly that many major retailers are all lining up to be apart of the Blastoff network. Other retailers are currently planning to launch major campaigns to attract people like you and I to do this network.

For more information about this opportunity visit www.newlawofmoney.com.

Sunday, October 25, 2009

Vision

Many define vision as the ability to see something to come. In business, that definition in my opinion is very limited.

To me, vision as related to business, has a two dimensional definition: (1)the ability to look in the intangible and see something tangible; while (2) having the ability to either position oneself in a variable manner to take advantage of it or be cushioned from it.

What good is it to know what's coming without positioning yourself in a manner to be protected or to benefit from it? In business we must have this ability or bring someone on board who has this ability. You could be in an industry that is on the brink of drying up! A new invention, fraud, a new law or regulation can greatly impact any industry.

What would you do if the industry where the majority of your income comes from dried up today?

Most people unfortunately can't answer that question. Take some time to think about this.

Friday, October 16, 2009

Hypnotized

Have you watched the news lately? If not, let me inform you of a current issue the news is reporting. The US economy is in the midst of a recovery and the recession is over.

Can someone explain this to me? How is that possible? On what basis is this being substantiated?

National unemployment is at a high. This is the highest rate it has been in quite a while. Housing still has yet to hit its bottom. Every time the government stops the mouth to mouth resuscitation, the economy begins to “flat line” again. True economic recovery manifests itself in several ways, not simply by the Dow Jones Index rising. Some of the components of true economic recovery are listed below:

New job creation – people go back to work and earn income which they slowly begin to spend thus beginning to turn the economy.

House prices hit bottom and then stabilize – Most US markets have not witnessed a bottom point in housing. There is still some type of invisible inflationary component attempting to maintain housing prices. We currently observe this is New York City.

New home purchases – new homes are purchased not due to government incentives but because people are back to work.

Small business lending – banks would embark on giving small businesses loans again, in an attempt to sure-up the back bone of the American economy.

Retail sales would increase – keep an eye on the big retailers around the holiday season. When things are well people shop. However, when things appear not to be well the public becomes frugal.

Although these things are not currently being experienced it does not mean that you should pull back from your financial plans. It simply means that you should be aware of what economic season you are in. Wearing summer clothes outside in the winter is not customary, but that wouldn’t negate you from going outside.
Be careful of what you accept as truth. Just because it was reported on the news or even in this blog doesn’t mean it is true. Explore topics and learn the truth for yourself, don’t be hypnotized.

Monday, October 12, 2009

DNA of the Rich

A recent article in Forbes entitled, “A Recipe For Riches” spoke of similarities of those on the Forbes 400 list. Forbes findings were that the following attributes were the most common amongst most of the list: (1) many of their parents had a high aptitude for number crunching, (2) many were born in the fall season, (3) many of the self made billionaires never started or finished college, (4) some on the Forbes 400 list have graduate degrees from the top three graduate schools and finally (5) many have worked for Goldman Sachs or one of its subsidiaries.

Sometimes we can look at something like this and believe that we don’t fit this criterion and can never be rich. Although the Forbes article is not stating this, it is easy for one to interpret it like this. We should interpret this by realizing that there are things about ourselves that we must improve in order to position ourselves for wealth. The recipe for wealth creation is 45% the ability to retain wealth, 35% the ability to generate revenue and 20% of the intangibles. The ability to retain wealth has to do with improvement.

The challenge for the next ten days is to identify everything that you want to change about yourself. Make a list. This could be weight loss, economic status, relationships, etc. Once identified, now it is time to select two of the items on your list. Create a plan detailing how you are going to improve these two items. Constant improvement is the key to wealth creation. Whatever we weren’t born with we can improve on, wealth is not innate.

If you need assistance with identifying what you should improve about yourself - here is a free tip – ask three or four close people to you what these areas are.