You may be thinking that rental property looks like a pretty good way to create cash flow. And, you may also be thinking, “Where in the world am I going to get enough money for a down payment?” Here are a few ways: Get Serious Build your financial foundation with what you’re learned from myRead more
Imagine working hard, saving diligently, and planning wisely to buy your first real estate property. You do your research and learn everything you can about real estate investing. You get your down payment in place and your funding lined up. You find just the right property. You’re nervous, yet excited as you close on theRead more
To further help you analyze income opportunities, use a process that my 5 Day Weekend collaborator Garrett Gunderson employs. It’s called the Idea Optimizer The Idea Optimizer is a complete business system in and of itself that’s designed to: 1) capture an idea, 2) define the process required to create value in the marketplace throughRead more
The sharing economy, also referred to as collaborative consumption, refers to people sharing access to goods and services, and coordinating the sharing via community-based online services. In this new model, people rent beds, cars, boats and other assets directly from each other instead of owning things themselves or purchasing them from traditional retailers and serviceRead more
In my last posts I looked at some of the many, many ways in which you can leverage new technological tools to start something with nothing but a little time and effort. Here are a few more ideas for you to explore: Coaching You’re probably familiar with business/professional coaching and personal/life coaching. But you canRead more
In today’s information age, you have never had greater opportunities to start a business with very little or even no up-front cash. There are literally limitless ways you can leverage new technological tools to start something with nothing but a little time and effort. Here are just a few ideas for you to explore: PersonalRead more
Most people think they need investment capital to start a business. The reality is that there are three types of capital, and financial capital is the least important. Mental Capital Mental capital allows you to create value for others and can simply be defined as what you know. This could include your skill sets, education,Read more
Kaizen is a Japanese word referring to the process of continuous improvement. The idea of kaizen is that big results come from many small changes accumulated over time. My challenge to you is to increase your income by 5% each month. This becomes a 79.6% increase in income at the end of your first year.Read more
To really understand money, and to make it your servant, you need to change the money code. Money should be your obedient, diligent servant, not your master. Money must work for you, rather than you working for money. What you need to do is to change the polarity of how you relate to money. YouRead more
The purpose of the first phase of the Wealth Matrix is to get your financial house in order—to establish a solid foundation from which you can safely create more income and invest. Below are the milestones that my 5 Day Weekend collaborator Garrett Gunderson and I recommend that you achieve before moving on to theRead more
