Category Archives: Entrepreneurship
Why you should start entrepreneurship and how you can begin now.
One minute millionaire by Robert G. Allen
Tip 1 – Focus on the critical few. Eighty-five percent of the things you do account for only 15% of your results. And vice versa. Therefore, only work on the critical things and y9ou’ll get there faster and with less effort.
Tip 2 – Learn how to procrastinate. Procrastination is absolutely essential to your success. Just make sure you procrastiante the right things. Put off 85% and tackle the 15%. Losers do jut the opposite. They tackle 85% and put off the 15%.
Tip 3 – Throw away your “to-do” list. Create instead an 85/15 list. Write the top-priority items at the top in the 15% box. Write the lower-priority items at the bottom. Only work on the top of your list.
Tip 4 – Reward yourself for doing the right things. There’s a great book by Micheal LebBoeuf, called GMP: The Greatest Management princicple in the world. Here’s the book in a nutshell: The Things That Get Rewarded Get Done. If you reward yourself for your most positive actions, you will get more of them done… almost effortlessly.
Tip 5 – Do your FTF: Feared Things First. Which activity on your list do you fear most? That’s your FTF. When you start your day, ask yourself, “What’s my FTF today?” Start your day with that activity. By training yourself to do your FTF, you uncounsiously urge yourself to tackle tougher tasks.
Tip 6- Do a daily power hour. Take a few minutes every day – it doesn’t need to be an hour – for planning. Planning is like a rehearsal. Every great actor rehearses many tomes before stepping on the stage. Don’t step on the stage of life without rehearsing your performance.
Tip 7 – Exercise. It helps you work harder, longer, and think more clearly. It increases your health span and your life span. WHile we exercise, we also listen to our tapes, so that we can layer those two activites together. And therefore, were not only exercising our bodies, but our brains at the same. Speaking of that….
Tip 8 – Layer your activities. Use your waiting time productively. Do two things at once. Listen to your tapes while exercising, driving, or standing in line. Constantly ask yourself this question: “Is this the most productive use of my time?”
Tip 9 – Write out goals daily. We learned this from Brian Tracy, who writes out his top goals each and everyday. See the twelth aha, page 54 for more information.
Tip 10 – Just say NO!. Don’t let other people dump their “monkey’s” on you. Sometimes you just have to say no.
Every successful person has mentors. A mentor is a shortcut to perspective, proficiency, and patience.
1. Mentoring is powerful of leverage. Drawing from your mentor’s experience is the quickest, safest, easiest way to the climb millionaire mountain.
2. Mentors are everywhere. Each person you meet can “accidentally” teach you something to advance your cause.
3. Mentors don’t need to be people. Anything that causes you to change course in life – a life threatening disease, losing a job, reading a book, or an encounter with an animal – can serve as a mentor.
4. Constantly seek our mentoring relationships. When you find yourself lacking in anything – attitude, awareness, a skill, a habit, a technique, or a strategy – seek a mentor to show you the shortcut.
5. Assemble a Dream Team of your favorite heroes and sheroes, present and past. Form an imaginary council of light consisting of your selected leaders. Imagine being able to counsel with them as if they were communicating with you in person.
6. Set a goal to search out at least one millionaire a month. Request an audience, either in person, by phone, or by e-mal to pick your millionaire mentor’s brains.
7. The best kind of mentor is a transformational mentor. A transformational mentor creates a context in which you experience “ahas”.
Through reading and constantly studying, I have learned that mentorship is one of the vital components to achieving success. Having a mentor to help guide an individual to success will automatically eliminate many other mistakes that an individual would make when on their journey. In business and entrepreneurship mistakes are common and will occur often. Having a mentor will greatly decrease the likely hood of the most common mistakes occurring.
The importance of having a mentor is easy to realize and understand. However, the process of finding a mentor may seem challenging. With the never ending opportunities within the internet and social media, finding a knowledgeable mentor is easier then ever.
The easiest way to find a mentor would be to look within your own circle of influences. Asking friends and family for references to individuals they know personally who are successful is a quick way to start your search. This strategy is also on a personal level, so some form of trust will already exist between you and your possible mentor.
With the easy access of the internet, the opportunity to connect with individuals globally has never been easier. Information and experience has never been more easily accessible then how it is now. The chance to pursue success has never been more abundant and available. If a mentor can not be found through personal references, the internet is freely open to all. Real estate is one of my methods I am personally researching to become financially free. Real estate gurus such as Donald Trump and Robert Kiyoaski provide tons of information for people to get started in real estate. Within any and every industry, successful people exist. Following in their guidance will ensure some level of personal success. If you truly desire to be successful, you will find a way to achieve your dreams.
The brain is our individual most powerful asset. Property, cars, relationships, items will come and go, but the things we put inside ourselves can never be taken away. The topics we educate ourselves in will prove to be more valuable then the entertainment, society collectively focuses so much attention to. Our minds are our biggest money making asset, its not the jobs we work or the degrees that so much money is invested in to obtain. Our mind’s have the ability to make million’s of dollars or keep us physically and psychologically poor. The key to being successful, starts within the mind. The best part about this fact is that for the most part anyone can unlock the power of their mind for free.
Globally we are in the “information age”. Now more then ever the possibilities to create wealth have never been more abundant. The opportunities to learn information for free, has never been greater. The internet is a very powerful tool and people need to take full advantage. Slowly program yourself for success, by believing in yourself. Research successful people and pay attention to their advice. From their focus on building skills. Skills that are essential to everyday life such as computers, mechanics, herbal health, first aid, and gardening, are just a few of the essential skills that people can focus on to building themselves. Use the internet to expand your outreach to people and market yourself. Opportunity is among us!
Around November of 2011, I started my quest for success. I had no clue where to start looking or how to get started, but my determination to be successful was all I needed. Somehow or another I ended up on Youtube. My goal at the time, was to reach an unimaginable height of wealth. With that goal in mind, I began to research past videos on Warren Buffet, Bill Gates, Donald Trump, and other highly influential individuals. Doing my research I came upon Warren Buffets and Bill Gates views on the deregulation of energy. In a interview Warren Buffet announced that the deregulation of energy will be the biggest transfer of wealth in U.S history. The deregulation of energy is suppose to be bigger then deregulation of the Airlines industry, and the Telecom industry. The energy industry is in the billions of dollars range and I wanted to be apart of it.
I still had no clue, what to do or how I would get invovled, but I continued to look around. At first my idea was to try and start my own ESCO company in New York City. The problem I faced was that I lacked business experience and jumping into a market I knew nothing about could be disastrous. However, I kept researching ESCO companies, and I found Ambit Energy. The company presented itself as a too good to be true offer. Never did I think it was possible to earn residual income off of the electricity bills of friends and family. I wasn’t easily convinced about the offer being presented, so it took me months to fully research the company. In the end I made the decision to commit to Ambit Energy, but the result was a massive amount of time wasted by not getting started sooner.
In today’s economy jobs are disappearing at a alarming rate. With the advancement in technology and passing of certain laws by our politicians, now more then ever American workers are stuck in a non-advancing position. Ambit Energy has presented a wonderful opportunity to expand my income and not fully depend on my job to provide for me. I hope that the opportunities with Ambit Energy and the search for greater knowledge, will open many doors for you as it did for me.
Article by – http://www.themillionairesecrets.net/7-main-differences-between-rich-and-poor-people/
1. Rich people believe that they create their lives while poor people believe that life happens to them.
2. Rich people play the money game to win but poor people play the money game just not to lose money.
3. Rich people think and focus on opportunities while poor people focus on obstacles.
4. Rich people dare to dream big, poor people think small.
5. Rich people are committed to their dreams, poor people are just dreaming about their dreams.
6. Rich people associate with rich and successful people. Poor people will associate with poor people.
7. Rich people are good learners while poor people think that they have learned everything in the world.
The following was copied out from the National Bestseller, Multiple streams of income by Robert G. Allen. Depending on who you are, what your interested in, and your expertise in certain areas, you will more then likely fit into 1 or more of these categories. Determine which category fits you personally, then learn how you can capitalize on it.
-Highly recommend Multiple streams of Income by Robert G. Allen, for all individuals to learn how they can escape the rat race.
Intrapreneur Skills: To influence, persuade, and to lead.
1. Insurance agents get residual business.
2. Securities agents get residual sales.
3. Network marketers get residual income
4. Coporate managers get stock options.
Extrapreneur Skills: To be creative, to entertain.
1. Songwriters earn royalties.
2. Actors get a piece of the action.
3. Visual Artists get royalties from paintings.
4. Game designers get royalities.
5. Celebrity endorsers get a gross percentage of profits.
6. Inventors get royalties.
Infopreneur Skills: To organize, to simplify, to teach.
1. Authors earn royalties from books and tapes.
2. Marketing Consultants get a percentage of profit or gross revenue
3. Franchisors get franchising fees.
4. Software creaters get royalties.
5. Internet Content providers get advertising revenues and royalties.
Autopreneur Skills: To analyze, to see hidden value, to invest.
1. Entrepreneurs generate business profits.
2. Savings account owners earn interest.
3. Investors get dividends, interest, and appreciation.
4. Discount mortgagors earn interest.
5. Tax lien certificate holders earn interest penalties.
6. Mailing-list owners get rental fees.
7. Company pension plans offer income flow.
8. Venture partners get a percentage of profits.
9. Real Estate owners can get cash-flow profits.