When starting out with your own business or idea from home for the first time I can almost guarantee you one thing which is this:
You will have frustrations and set backs of all kinds!
How's that for honesty? Guess what with anything new this happens to all of us. After all, if it is a new process or technology etc., how are you supposed to know what to do?
All of us in life are constantly receiving feedback about everything - including in our business endeavors - the key thing is to listen to them. It would be fantastic if we could all just become super successful very quickly with no setbacks whatsoever, but look at any massively successful individual you know or in the media where you live. When asked about their story many will state that they learn far more from their "failures" than their successes. Now, this is not because they are smarter than you, it comes down to the way they THINK.
When faced with a challenge, especially in a world where success is expected at warp speeds, it is the easiest thing in the world to give up. Entrepreneurs, however, when faced with this ask themselves intelligent questions like "how can I most easily turn this around?" or "what can I learn from this to help me on my way to success?" Asking yourself these types of questions is an instruction to your subconscious to find answers for you. Sometimes the answer will come very quickly and others it will take some time - but the answers WILL come.
Continually taking action with the above in mind will drive you to success. If you are doing something new, search online and see if you can find others who have done the task(s) before you. If you cannot find much helpful information take some kind of action anyway, even if it is the silliest idea you have, as this is always better than doing nothing. Then monitor your results/feedback and take more action. Then rinse and repeat!
Success in business or indeed any other goal comes down to your mindset. The better your mindset - the better your determination - and ultimately your results.
For a proven way to thrive in the recession go here http://www.ResearchThisBiz.com right now.
Article Source: http://EzineArticles.com/?expert=Charles_Mead
Friday, August 28, 2009
Sunday, August 23, 2009
Financial Independence Online Community
http://finance.groups.yahoo.com/group/IndependentWealth/
The forum is free and spam free.
Motivational quotes posted.
Stock picks and expert financial opinion by Bill Stanton and Steve Selengut.
99.99% of people in the community really want financial independence.
The forum is free and spam free.
Motivational quotes posted.
Stock picks and expert financial opinion by Bill Stanton and Steve Selengut.
99.99% of people in the community really want financial independence.
Entrepreneurship Article
Entrepreneurs have three outlining characteristics by Saveyourchain
Successful entrepreneurs have three outlining characteristics:
1. Self-confidence
This is that magical power of having confidence in oneself and in one's powers and abilities.
2. Achievement Oriented
Results are gained by focused and sustained effort. They concentrate on achieving a specific goal, not just accomplishing a string of unrelated tasks.
3. Risk Taker
They realize that there is a chance of loss inherent in achieving their goals, yet they have the confidence necessary to take calculated risks to achieve their goals.
Entrepreneurs are people who will make decisions, take action, and think that they can control their own destinies. They are often motivated by a spirit of independence which leads them to believe that their success depends on raw effort and hard work, not luck.
So which of these three main characteristics is the most important? Believe it or not, it has to be self-confidence.
Without self-confidence, nothing else is possible. If you don't believe in your abilities, then the first challenge that arises may knock you off the path to achieving your goals.
Here are a few things to keep in mind for maintaining a higher level of self-confidence.
Positive Thinking
It all starts with a positive attitude, doesn't it?
Believing that something good will happen is the first step. Negative thinking simply is not allowed. You must truly believe that there are no circumstances strong enough to deter you from reaching your goals.
Remember, that positive thinking can be contagious. When positive thinking...... To continue reading this article click here!
About the Author
Need more information about saving your business or career? Then visit SaveyourchainIf you have a problem with your business or career, we have your answer! Be sure to join our newsletter to pick up your free Ebook 'The secrets of the rich' in addition to exclusive tips and secrets on business management.
Successful entrepreneurs have three outlining characteristics:
1. Self-confidence
This is that magical power of having confidence in oneself and in one's powers and abilities.
2. Achievement Oriented
Results are gained by focused and sustained effort. They concentrate on achieving a specific goal, not just accomplishing a string of unrelated tasks.
3. Risk Taker
They realize that there is a chance of loss inherent in achieving their goals, yet they have the confidence necessary to take calculated risks to achieve their goals.
Entrepreneurs are people who will make decisions, take action, and think that they can control their own destinies. They are often motivated by a spirit of independence which leads them to believe that their success depends on raw effort and hard work, not luck.
So which of these three main characteristics is the most important? Believe it or not, it has to be self-confidence.
Without self-confidence, nothing else is possible. If you don't believe in your abilities, then the first challenge that arises may knock you off the path to achieving your goals.
Here are a few things to keep in mind for maintaining a higher level of self-confidence.
Positive Thinking
It all starts with a positive attitude, doesn't it?
Believing that something good will happen is the first step. Negative thinking simply is not allowed. You must truly believe that there are no circumstances strong enough to deter you from reaching your goals.
Remember, that positive thinking can be contagious. When positive thinking...... To continue reading this article click here!
About the Author
Need more information about saving your business or career? Then visit SaveyourchainIf you have a problem with your business or career, we have your answer! Be sure to join our newsletter to pick up your free Ebook 'The secrets of the rich' in addition to exclusive tips and secrets on business management.
Success and Mindset Advice - 6 Steps to Turn Your Dreams Into Reality & Finally Achieve Your Goals!
When people are trying to make changes and be successful in following their dreams, they sometimes get overwhelmed looking at the entire road. This stops them in their tracks from even beginning to create products or whatever it is they want to accomplish.
The truth is that most people will try something new for a few days, like a diet, a new way of thinking, a practice like meditation or a new exercise program. After a few days or a week when they haven't seen the results they desire, they begin to think "well, obviously, this doesn't work for me. It may work for other people, but not for me," and they stop trying altogether, which is why most people never see their dreams come true.
It's a tragedy because it makes people stop before they truly even begin. It's been said it takes 21 days to turn something into a habit. Success and goal accomplishment is simply a habit, like most other behaviors.
There are 6 steps I've identified that help people turn the overwhelming task of their end goal dreams into reality.
• Step 1- Clarify Your Vision.
• Step 2- Simplify your Physical and Emotional Space.
• Step 3- Set Realistic Start-and-Stop Deadlines.
• Step 4- Masterminding.
• Step 5- Breaking Your Dreams into Small Bite-Sized Actions.
• Step 6- Setting Rewards and Payoffs.
When you do nothing, the path to success gets longer and further away. When you break your dreams and goals into smaller, doable steps, the stepping stones in the path become easier to see and follow. Consistency is the key. Remember, it's just like the diet that you try for three days... it's not going to work if you don't work it.
And now I would like to invite you to claim your free instant access to my Dreams to Reality Video Training Series when you visit http://www.Dreams2RealityVideos.com where you'll get access to 24 short videos with more inspiration, ideas, tips and tools to help you achieve your goals.
Article Source: http://EzineArticles.com/?expert=Maritza_Parra
The truth is that most people will try something new for a few days, like a diet, a new way of thinking, a practice like meditation or a new exercise program. After a few days or a week when they haven't seen the results they desire, they begin to think "well, obviously, this doesn't work for me. It may work for other people, but not for me," and they stop trying altogether, which is why most people never see their dreams come true.
It's a tragedy because it makes people stop before they truly even begin. It's been said it takes 21 days to turn something into a habit. Success and goal accomplishment is simply a habit, like most other behaviors.
There are 6 steps I've identified that help people turn the overwhelming task of their end goal dreams into reality.
• Step 1- Clarify Your Vision.
• Step 2- Simplify your Physical and Emotional Space.
• Step 3- Set Realistic Start-and-Stop Deadlines.
• Step 4- Masterminding.
• Step 5- Breaking Your Dreams into Small Bite-Sized Actions.
• Step 6- Setting Rewards and Payoffs.
When you do nothing, the path to success gets longer and further away. When you break your dreams and goals into smaller, doable steps, the stepping stones in the path become easier to see and follow. Consistency is the key. Remember, it's just like the diet that you try for three days... it's not going to work if you don't work it.
And now I would like to invite you to claim your free instant access to my Dreams to Reality Video Training Series when you visit http://www.Dreams2RealityVideos.com where you'll get access to 24 short videos with more inspiration, ideas, tips and tools to help you achieve your goals.
Article Source: http://EzineArticles.com/?expert=Maritza_Parra
Understanding The Principles of Multiple Streams of Income
Let's look at two different types of business.
First car mechanics, now we all have heard the saying that we all have the same amount of time in the day. The mechanic can only work on so many cars in one day. Then he is tired and has to rest and take care of family.
Now let's look at a doctor. They have the same problem as the mechanic. The doctor can only see so many people a day. They are both limited by their own abilities. This is called linear income.
Now the mechanic can go and open his own garage and have employees and the doctor can open up his own office and have other doctors working and paying him. They both get paid from the work of others in the office. This is called passive income.
If the mechanic opens up five garages or the doctor opens up five medical offices, now they are both making money off of other peoples work and they don't have to work as hard or at all. They have done all the work to build themselves to this point. This is called residual income.
The doctor and the mechanic have the same opportunity to turn their operation into a franchise and have it spread across the nation. This is called perpetual income.
If they're really good and unique they can become the market staple and your business is the industry. So as your business grows the industry grows. This is called industry profit sharing income.
They are linear income - this is when you get paid for the time you work and not paid when you are not working.
Then there is passive income - this is when you get paid for work that you have very little to do with.
There is residual income - this is when you get paid for work you did in the past.
There is perpetual income - this is when you are able to participate in income generated from the work of others and you have learned to manage without getting involved in the daily operations.
Lastly there is industry profit sharing - this is when you are in a position to take advantage of income that comes from the growth of an industry.
Some people don't have any idea as to what they can do to make extra money. Most of the time it is because people are thinking of franchises and the financial output required. This is why I am advocating starting a home based business. The tax advantages are high, the income possibilities are high, the time with family (once the business takes off) is high, total benefits are high. The negatives are that you have to have or develop a high work ethic.
I am not a fan of Linear Income but I would say that you should really keep your job until your income from your home based business triples your employment income. This way you can afford to pay for your insurance coverage, your current and future bills.
If you are unable to decide what type of business to invest in let me try to clear your thinking.
Here are some rules of thump that can guide you.
You have to be able to get paid from anywhere in the world (even though you are in one little city you want to make money from someone who is interested in another country.
You should be able to get customers through multiple medias (mailing, ads, face to face, internet, etc.)
You have to be able to make your own income from the sales you generate.
You should be able to get paid off of the work of other people (you want to get paid 1% off of the efforts of 100 people, not 100% of your own efforts)
Your business needs to appeal to a wide range of people (culture, race, religion, etc)
Your product needs to address what most of the people want and not what they need
You can't afford to look at your business through your feelings. The idea of going into business is to make money, not to make you or I feel good. You should have faith and trust in the product you are marketing.
Lastly remember when you are working your own home based business - you are really marketing yourself. People need to believe and trust in you and the product come second.
This is information is from a small section of my book which is scheduled to be released late September 2009. A friend of mine made a video that explains how he found this system and made 1.2 million dollars. You can view it at http://www.maxwelltoliver.com
Article Source: http://EzineArticles.com/?expert=Maxwell_Toliver
First car mechanics, now we all have heard the saying that we all have the same amount of time in the day. The mechanic can only work on so many cars in one day. Then he is tired and has to rest and take care of family.
Now let's look at a doctor. They have the same problem as the mechanic. The doctor can only see so many people a day. They are both limited by their own abilities. This is called linear income.
Now the mechanic can go and open his own garage and have employees and the doctor can open up his own office and have other doctors working and paying him. They both get paid from the work of others in the office. This is called passive income.
If the mechanic opens up five garages or the doctor opens up five medical offices, now they are both making money off of other peoples work and they don't have to work as hard or at all. They have done all the work to build themselves to this point. This is called residual income.
The doctor and the mechanic have the same opportunity to turn their operation into a franchise and have it spread across the nation. This is called perpetual income.
If they're really good and unique they can become the market staple and your business is the industry. So as your business grows the industry grows. This is called industry profit sharing income.
They are linear income - this is when you get paid for the time you work and not paid when you are not working.
Then there is passive income - this is when you get paid for work that you have very little to do with.
There is residual income - this is when you get paid for work you did in the past.
There is perpetual income - this is when you are able to participate in income generated from the work of others and you have learned to manage without getting involved in the daily operations.
Lastly there is industry profit sharing - this is when you are in a position to take advantage of income that comes from the growth of an industry.
Some people don't have any idea as to what they can do to make extra money. Most of the time it is because people are thinking of franchises and the financial output required. This is why I am advocating starting a home based business. The tax advantages are high, the income possibilities are high, the time with family (once the business takes off) is high, total benefits are high. The negatives are that you have to have or develop a high work ethic.
I am not a fan of Linear Income but I would say that you should really keep your job until your income from your home based business triples your employment income. This way you can afford to pay for your insurance coverage, your current and future bills.
If you are unable to decide what type of business to invest in let me try to clear your thinking.
Here are some rules of thump that can guide you.
You have to be able to get paid from anywhere in the world (even though you are in one little city you want to make money from someone who is interested in another country.
You should be able to get customers through multiple medias (mailing, ads, face to face, internet, etc.)
You have to be able to make your own income from the sales you generate.
You should be able to get paid off of the work of other people (you want to get paid 1% off of the efforts of 100 people, not 100% of your own efforts)
Your business needs to appeal to a wide range of people (culture, race, religion, etc)
Your product needs to address what most of the people want and not what they need
You can't afford to look at your business through your feelings. The idea of going into business is to make money, not to make you or I feel good. You should have faith and trust in the product you are marketing.
Lastly remember when you are working your own home based business - you are really marketing yourself. People need to believe and trust in you and the product come second.
This is information is from a small section of my book which is scheduled to be released late September 2009. A friend of mine made a video that explains how he found this system and made 1.2 million dollars. You can view it at http://www.maxwelltoliver.com
Article Source: http://EzineArticles.com/?expert=Maxwell_Toliver
7 Tips to Help You Become Richer
We all would like to become richer, but most of us go through life oblivious to how to do so. In order to become rich, one must adopt a rich mindset. By now, you've probably heard of the Law of Attraction which states that you attract whatever you think about.
Most wealthy people, people who make 6 figures a year or millionaires most of the times, never let a lack of money slip into their minds. They always think that wealth can come to them and there are many opportunities always happening around them. To help you adopt a rich mentality, here are 7 ways to help you become richer.
1. Make the Decision to Become Rich
The first thing you have to do is make the decision to become rich. We have all made decisions before. The decision to eat an apple, to buy a new TV, or to get an A on a test should be no different from the decision to becoming rich. Of course it might take longer, but the core concept is that whatever decision you make, you will carry it out. When you have made this decision, you will start focusing your energies on that idea and you're unconscious mind will start to see what it can think of to make it happen.
2. Go to Bed and Wake Up Envisioning What Kind of Lifestyle You Would Have
Before you go to bed, simply close your eyes and envision the lifestyle that you want and do the same thing while waking up. This brings about a positive-energy about your day. This positive energy will give you ideas that will help you think of how to get rich. Since our unconscious mind only can hold a limit of thoughts at once, the possibilities that we do not know of are limitless. There are many ways to become rich and usually the resources are not that far away from you. If you keep visualizing a rich lifestyle during the day, you will also feel a lot more motivated to making it happen.
3. Start Studying Getting Rich
No, this does not mean go and get scammed by getting rich programs that offer naïve people bogus deals. It just means study different ways on how to get rich or things people have done to get rich. There are many books on this and by going in-depth, you'll kind of get an idea to what brought the average person to being the rich person. All rich people had to start somewhere and studying their path will give you an idea to what you need to do.
4. Hang Out With Rich People
Find out where rich people are and learn from them. You may go through your life always hanging around people who complain about how hard it is to gain money. They are just attracting a lack of money which will influence your thoughts on getting rich. They may be nice people and nice friends, but may bring a different mindset to the table regarding wealth beliefs. When you form a group who all believe that getting rich is possible, then everyone will feel motivated and feed off each other's energy. It is a lot easier than doing so by oneself.
5. Implement the Strategies
Now you have the decision, motivation, and ideas on how to become rich, don't just allow it to muddle around in your thoughts. It's time to implement the strategies through a detailed plan. You may have the best plan in the world which guarantees you to becoming rich, but you will never get there unless you execute the plan. Also, your ideas or plan may seem easy on paper or thoughts, but unless you experience it, you will know how much it takes in order to become rich. People who are rich now know exactly how much it will take to get there, but they have done it, and so can you.
6. Take Risks
Yes, I said it. Take risks. Do you think wealthy people become rich by taking one shot? Most of them did not just have one goal in mind and made it big. They took many risks and their ideas failed many times until they "broke through" with that one idea. You may have grown up with the a penny earned is a penny saved mentality, but sometimes, that just causes us to be too conservative with our money. There are ways to become rich without money, but it is difficult to do. Being stingy and taking care of every dollar you have will inhibit you from taking chances. As long as you can take risks and learn from your mistakes, you'll move ahead.
7. Learn to Save
Once you do start making a little bit of money, learn to save that money somewhere in a bank account. You might start making it a rule to put 10% of every dollar you earn in that bank account. The bank rewards people who save because everybody nowadays just likes to spend their money which causes the nation to go in debt. The bank rewards savers with interest. You've probably known that by now, but are you a frequent saver? Once you have made some money, and saved it in a bank, it really adds up through compound interest. Any rich person will motivate you to do so as well.
So there you have it - 7 tips on ways to become richer. Make the decision right now that you want to become rich and let it manifest into your world. Think like a rich person and act like a rich person (without being snobby of course), and you come up with ideas to become rich. When you have a good idea, write it down, but don't just stop there, learn from other people as well. Then, make sure you look at your plan everyday and execute than plan consistently.
For more self-improvement tips on personal success, visit my blog posts at http://frombottomup.com/.
Article Source: http://EzineArticles.com/?expert=Tristan_Lee
-- Good article !
Most wealthy people, people who make 6 figures a year or millionaires most of the times, never let a lack of money slip into their minds. They always think that wealth can come to them and there are many opportunities always happening around them. To help you adopt a rich mentality, here are 7 ways to help you become richer.
1. Make the Decision to Become Rich
The first thing you have to do is make the decision to become rich. We have all made decisions before. The decision to eat an apple, to buy a new TV, or to get an A on a test should be no different from the decision to becoming rich. Of course it might take longer, but the core concept is that whatever decision you make, you will carry it out. When you have made this decision, you will start focusing your energies on that idea and you're unconscious mind will start to see what it can think of to make it happen.
2. Go to Bed and Wake Up Envisioning What Kind of Lifestyle You Would Have
Before you go to bed, simply close your eyes and envision the lifestyle that you want and do the same thing while waking up. This brings about a positive-energy about your day. This positive energy will give you ideas that will help you think of how to get rich. Since our unconscious mind only can hold a limit of thoughts at once, the possibilities that we do not know of are limitless. There are many ways to become rich and usually the resources are not that far away from you. If you keep visualizing a rich lifestyle during the day, you will also feel a lot more motivated to making it happen.
3. Start Studying Getting Rich
No, this does not mean go and get scammed by getting rich programs that offer naïve people bogus deals. It just means study different ways on how to get rich or things people have done to get rich. There are many books on this and by going in-depth, you'll kind of get an idea to what brought the average person to being the rich person. All rich people had to start somewhere and studying their path will give you an idea to what you need to do.
4. Hang Out With Rich People
Find out where rich people are and learn from them. You may go through your life always hanging around people who complain about how hard it is to gain money. They are just attracting a lack of money which will influence your thoughts on getting rich. They may be nice people and nice friends, but may bring a different mindset to the table regarding wealth beliefs. When you form a group who all believe that getting rich is possible, then everyone will feel motivated and feed off each other's energy. It is a lot easier than doing so by oneself.
5. Implement the Strategies
Now you have the decision, motivation, and ideas on how to become rich, don't just allow it to muddle around in your thoughts. It's time to implement the strategies through a detailed plan. You may have the best plan in the world which guarantees you to becoming rich, but you will never get there unless you execute the plan. Also, your ideas or plan may seem easy on paper or thoughts, but unless you experience it, you will know how much it takes in order to become rich. People who are rich now know exactly how much it will take to get there, but they have done it, and so can you.
6. Take Risks
Yes, I said it. Take risks. Do you think wealthy people become rich by taking one shot? Most of them did not just have one goal in mind and made it big. They took many risks and their ideas failed many times until they "broke through" with that one idea. You may have grown up with the a penny earned is a penny saved mentality, but sometimes, that just causes us to be too conservative with our money. There are ways to become rich without money, but it is difficult to do. Being stingy and taking care of every dollar you have will inhibit you from taking chances. As long as you can take risks and learn from your mistakes, you'll move ahead.
7. Learn to Save
Once you do start making a little bit of money, learn to save that money somewhere in a bank account. You might start making it a rule to put 10% of every dollar you earn in that bank account. The bank rewards people who save because everybody nowadays just likes to spend their money which causes the nation to go in debt. The bank rewards savers with interest. You've probably known that by now, but are you a frequent saver? Once you have made some money, and saved it in a bank, it really adds up through compound interest. Any rich person will motivate you to do so as well.
So there you have it - 7 tips on ways to become richer. Make the decision right now that you want to become rich and let it manifest into your world. Think like a rich person and act like a rich person (without being snobby of course), and you come up with ideas to become rich. When you have a good idea, write it down, but don't just stop there, learn from other people as well. Then, make sure you look at your plan everyday and execute than plan consistently.
For more self-improvement tips on personal success, visit my blog posts at http://frombottomup.com/.
Article Source: http://EzineArticles.com/?expert=Tristan_Lee
-- Good article !
Another Good Mastermind Alliance Article
Create Your Own Mastermind Alliance Group, Larry LFada
Mastermind Alliance
The idea of a Mastermind Alliance Group is to tap the incredible synergy that is achieved when you put 10 to 12 minds working together on a common objective. 12 is usually considered the maximum size of the group, for purposes of keeping the proceedings manageable.
The Mastermind Alliance is designed as a coming together of a group to primarily help each member within the group in mutual benefit. This is as opposed to a political body like a PTA or a corporate body like a Board of Directors, who work primarily for the good of an organization.
One of the intended notions in the creation of a Mastermind Alliance was for the members to be from widely different backgrounds, to offer a rich and varied perspective of solutions choices that would not be available if everyone was from the same industry or background.
Ground Rules
Mastermind Alliances usually operate under somewhat loosely formal ground rules agreed upon in advance, the guidelines depending on the nature of the group. The simpler the better. The rules that govern the Mastermind Alliance is what makes it so focused and therefore effective. Traditionally, they were designed to meet on a regular basis, in person, but they don't always have to. Whatever meets the needs of the members can work.
The term Mastermind Alliance was originally made famous by Napoleon Hill in his widely read classic "Think and Grow Rich." Some even say Hill modeled the idea after La Cosa Nostra, which was flourishing at the time, but the idea probably originated with six or 7 prehistoric cave dwellers working out how to take down a Woolly Mammoth to survive the winter.
A basic framework for starting a Mastermind Alliance group would include several of the following parameters.
Meet regularly, usually monthly, to help each member in the group with their objective.
The group as a whole works on each individual members problem, or to optimize a situation or circumstance. One member may have an opportunity he'd like to take an advantage of, another is trying to grow his business, etc
There are guidelines and protocols within which the group must operate, they are worked out either in advance or on the fly. Protocol would include how each step of the process of bringing an agenda item up is handled. For example how an idea or problem is submitted for discussion, what length is Q&A session, how and what action is to be taken, and even whether solutions are offered immediately or held until next meeting, etc. It is up to the group to fashion and shape what works best.
Uses of a Mastermind Alliance group
The Mastermind Alliance can come together for various reasons and length of time, to meet as an investment club, to work on a group project, to solve an emergency a member may have, to work on a new enterprise together, or meet regularly as more of a social club. The original design was for business people to work together for business purposes, but you can use it for any creative, civic, or cultural purpose you want.
So that is the basic starting point for starting your own Mastermind Alliance. Pretty easy, huh? Some great enterprises were said to have been started or brought to life in these groups.
Why not start one of your own?
Copyright 2009 by Larry LaFata. All rights reserved
The author and Personal Marketing Consultant, Larry LaFata, helps individuals and the self-employed to live their Purpose through a comprehensive discovery program at http://CraftYourCalling.comGet your copy of my other free self-empowerment guides at http://www.DoWhatYouLike.com
Article Source: http://EzineArticles.com/?expert=Larry_LaFata
--- I like this article. See the other mastermind articles at www.financialindependenceuniversity.com
Mastermind Alliance
The idea of a Mastermind Alliance Group is to tap the incredible synergy that is achieved when you put 10 to 12 minds working together on a common objective. 12 is usually considered the maximum size of the group, for purposes of keeping the proceedings manageable.
The Mastermind Alliance is designed as a coming together of a group to primarily help each member within the group in mutual benefit. This is as opposed to a political body like a PTA or a corporate body like a Board of Directors, who work primarily for the good of an organization.
One of the intended notions in the creation of a Mastermind Alliance was for the members to be from widely different backgrounds, to offer a rich and varied perspective of solutions choices that would not be available if everyone was from the same industry or background.
Ground Rules
Mastermind Alliances usually operate under somewhat loosely formal ground rules agreed upon in advance, the guidelines depending on the nature of the group. The simpler the better. The rules that govern the Mastermind Alliance is what makes it so focused and therefore effective. Traditionally, they were designed to meet on a regular basis, in person, but they don't always have to. Whatever meets the needs of the members can work.
The term Mastermind Alliance was originally made famous by Napoleon Hill in his widely read classic "Think and Grow Rich." Some even say Hill modeled the idea after La Cosa Nostra, which was flourishing at the time, but the idea probably originated with six or 7 prehistoric cave dwellers working out how to take down a Woolly Mammoth to survive the winter.
A basic framework for starting a Mastermind Alliance group would include several of the following parameters.
Meet regularly, usually monthly, to help each member in the group with their objective.
The group as a whole works on each individual members problem, or to optimize a situation or circumstance. One member may have an opportunity he'd like to take an advantage of, another is trying to grow his business, etc
There are guidelines and protocols within which the group must operate, they are worked out either in advance or on the fly. Protocol would include how each step of the process of bringing an agenda item up is handled. For example how an idea or problem is submitted for discussion, what length is Q&A session, how and what action is to be taken, and even whether solutions are offered immediately or held until next meeting, etc. It is up to the group to fashion and shape what works best.
Uses of a Mastermind Alliance group
The Mastermind Alliance can come together for various reasons and length of time, to meet as an investment club, to work on a group project, to solve an emergency a member may have, to work on a new enterprise together, or meet regularly as more of a social club. The original design was for business people to work together for business purposes, but you can use it for any creative, civic, or cultural purpose you want.
So that is the basic starting point for starting your own Mastermind Alliance. Pretty easy, huh? Some great enterprises were said to have been started or brought to life in these groups.
Why not start one of your own?
Copyright 2009 by Larry LaFata. All rights reserved
The author and Personal Marketing Consultant, Larry LaFata, helps individuals and the self-employed to live their Purpose through a comprehensive discovery program at http://CraftYourCalling.comGet your copy of my other free self-empowerment guides at http://www.DoWhatYouLike.com
Article Source: http://EzineArticles.com/?expert=Larry_LaFata
--- I like this article. See the other mastermind articles at www.financialindependenceuniversity.com
Friday, August 21, 2009
The Secret to Being Wildlt Successful
You may already have an idea of what it takes to be successful but you just don't know how to take it to the next level. Well, what I am about to suggest to you, I want you to integrate it into your life. So, what makes a successful person a success? (And what I mean by success is whatever YOUR definition of success is.) Mindset and Attitude, and that's it. A successful person knows that they are going to be a success before they are and won't settle for anything other.
I'm not talking about affirmations every day, no this is ingrained state of consciousness. If they don't have success yet, they visualize already having it. They don't compromise or settle for less than what they want. They don't allow negativity to enter into their lives. If someone is consistently bringing them down, they stay away from that person. They know that we attract like minds. If what you want is to earn 6 figures per year, then you need to position yourself around people who are earning that amount. That is why it baffles me when I see a person thinking about starting a home business and consults with someone who is working a J-O-B. Do you think that that person has any idea what goes on in a home business? If you want to find out about what a home business is like, consult with someone who already has one.
Position yourself around a successful entrepreneur. Successful people know something that the majority of people do not. They have achieved a higher level of being that just needs to be realized within you. You don't learn success; you already know how to attain it. I suggest to everyone I meet, not just my business partner's, one thing. This one thing will completely change your attitude and make you realize YOUR inner success. The one thing that I suggest is, if you haven't already, take a look at the move called "The Secret" that deals with this topic. It gives you an introduction as to how you can use the laws of attraction to attract anything you want, good and bad, into your life. Once you have seen the movie, take a moment to assess your life and see if what you currently have is the result of your attitude and the words you use.
If what you have is not what you want, change your subconscious and conscious mind and attract that success you know that you deserve.
Jacqueline West is a successful Network Marketer and a member of "Game Change Pro", a team that dedicates their time to teaching others how to build a solid and profitable international internet business. If you would like to speak to Jacqueline or learn more about the "Game Change Pro" Team, visit: http://www.GameChangePro.com
Article Source: http://EzineArticles.com/?expert=Jacqueline_West
- I don't really like home based businesses but I still like this article.
I'm not talking about affirmations every day, no this is ingrained state of consciousness. If they don't have success yet, they visualize already having it. They don't compromise or settle for less than what they want. They don't allow negativity to enter into their lives. If someone is consistently bringing them down, they stay away from that person. They know that we attract like minds. If what you want is to earn 6 figures per year, then you need to position yourself around people who are earning that amount. That is why it baffles me when I see a person thinking about starting a home business and consults with someone who is working a J-O-B. Do you think that that person has any idea what goes on in a home business? If you want to find out about what a home business is like, consult with someone who already has one.
Position yourself around a successful entrepreneur. Successful people know something that the majority of people do not. They have achieved a higher level of being that just needs to be realized within you. You don't learn success; you already know how to attain it. I suggest to everyone I meet, not just my business partner's, one thing. This one thing will completely change your attitude and make you realize YOUR inner success. The one thing that I suggest is, if you haven't already, take a look at the move called "The Secret" that deals with this topic. It gives you an introduction as to how you can use the laws of attraction to attract anything you want, good and bad, into your life. Once you have seen the movie, take a moment to assess your life and see if what you currently have is the result of your attitude and the words you use.
If what you have is not what you want, change your subconscious and conscious mind and attract that success you know that you deserve.
Jacqueline West is a successful Network Marketer and a member of "Game Change Pro", a team that dedicates their time to teaching others how to build a solid and profitable international internet business. If you would like to speak to Jacqueline or learn more about the "Game Change Pro" Team, visit: http://www.GameChangePro.com
Article Source: http://EzineArticles.com/?expert=Jacqueline_West
- I don't really like home based businesses but I still like this article.
Speed Your Path to Wealth
The authors of "The Millionaire Next Door" studied the ancestry groups of American Millionaires. The top three groups with the highest concentration of millionaire households are the Russians, the Scots, and the Hungarians, in that order. But the Scots have something beyond all the others...
1) Thrift: At the time of the initial research (mid-1990's), fewer than 40% of Scottish ancestry millionaire families had incomes over $100,000. The Scots' descendants were the ones with the highest percentage of millionaire households from such a small percentage of high-income producers.
They lived below their means, spending less than others at their income level do. This allowed them to save and invest more in wealth building, ultimately growing larger wealth than would be expected for their income level. In fact, the Scottish ancestry group paid less than any other did for their typical consumer items such as cars, watches, suits, and shoes.
2) They have wealth to pass to the next generation, in part because their youngsters become economically independent at an early age and don't drain their parents' resources. One good example of this is who may bear the cost of higher education. By not having to spend upwards of $100,000 per child to send them to college, the parents can use these resources instead to build their own wealth. The student will often find ways to pay for their own education: for example, scholarships, aid available for the financially independent, and even student loans.
frugality, economic growth, restraint, and financial independence. The above instance of paying one's own way through higher education is an excellent example of how these values are first learned, then put into action by the younger generation.
Think about what the above behavioral traits mean to you. How can you learn from these Scottish Wealth Secrets? How can you begin to use their knowledge for your gain, to speed your path to riches?
Resources: "The Millionaire Next Door", by Stanley & Danko, 1st Edition 1996
Ryan Papesh is the founder of Scottish Wealth Secrets, dedicated to helping you Speed Your Path to Riches! Visit http://www.scotswealth.com/ for ideas, inspiration, tools, and free tips for building your wealth.
Article Source: http://EzineArticles.com/?expert=Ryan_Papesh
1) Thrift: At the time of the initial research (mid-1990's), fewer than 40% of Scottish ancestry millionaire families had incomes over $100,000. The Scots' descendants were the ones with the highest percentage of millionaire households from such a small percentage of high-income producers.
They lived below their means, spending less than others at their income level do. This allowed them to save and invest more in wealth building, ultimately growing larger wealth than would be expected for their income level. In fact, the Scottish ancestry group paid less than any other did for their typical consumer items such as cars, watches, suits, and shoes.
2) They have wealth to pass to the next generation, in part because their youngsters become economically independent at an early age and don't drain their parents' resources. One good example of this is who may bear the cost of higher education. By not having to spend upwards of $100,000 per child to send them to college, the parents can use these resources instead to build their own wealth. The student will often find ways to pay for their own education: for example, scholarships, aid available for the financially independent, and even student loans.
frugality, economic growth, restraint, and financial independence. The above instance of paying one's own way through higher education is an excellent example of how these values are first learned, then put into action by the younger generation.
Think about what the above behavioral traits mean to you. How can you learn from these Scottish Wealth Secrets? How can you begin to use their knowledge for your gain, to speed your path to riches?
Resources: "The Millionaire Next Door", by Stanley & Danko, 1st Edition 1996
Ryan Papesh is the founder of Scottish Wealth Secrets, dedicated to helping you Speed Your Path to Riches! Visit http://www.scotswealth.com/ for ideas, inspiration, tools, and free tips for building your wealth.
Article Source: http://EzineArticles.com/?expert=Ryan_Papesh
Zack's: IBM Enters Nanotech
(NYSE: IBM - News) announced that it will utilize DNA molecules (DNA origami structures) for building next-generation microchips and tiny circuit boards for use in computers, cell phones and other electronic devices. Through this new technology, IBM plans to advance in the nanotechnology field for smaller, faster and more energy-efficient computer chips.
The demand for cheaper semiconductors in large volumes is on the rise. The company’s innovative DNA molecules will shrink microchip sizes, thereby reducing manufacturing costs and feeding this demand. It is expected that the technology will facilitate transition to the sub-22 nm lithography. This will help scale up the production of tiny computer chips possessing greater power, speed and energy efficiency.
The building of chips using this new technology improves IBM’s prospects in the long run, opening the door to a previously unexplored opportunity. We believe that although manufacturing complexities are always a consideration for new players and the cost of developing new technologies is extremely high, IBM -- through its technology leadership, superior cash generation and significant investment in R&D -- would be in a position to capitalize on the opportunity. IBM’s new foray into the semiconductor business could lead to substantial savings in the most expensive and challenging part of the chip-making process.
IBM's research combines the DNA double helix and nanotechnology to build frameworks for the theoretically smaller and less expensive microchips. The research was jointly done by IBM's scientists at Almaden Research Center and the California Institute of Technology.
While this could be a new revenue stream for IBM, the stiff competition would likley result in pressure on prices, thus hurting margins. Large companies such as NVIDIA (NasdaqGS: NVDA - News), Intel (NasdaqGS: INTC - News) and STMicroelectronics (NYSE: STM - News) have vast experience and expertise in smaller semiconductor designs.
The technology that IBM plans to use is time consuming and very costly. The new process is not expected to take off for another 10 years. It will also require huge cash outlays, thereby raising the cost of production However, given the strengthening demand and IBM’s history of execution, we remain positive on the company’s new initiative.
INTERNATIONAL BUSINESS MACHS (IBM): Read the Full Research Report
NVIDIA CP (NVDA): Read the Full Research Report
INTEL CP (INTC): Read the Full Research Report
STMICROELECTRONICS N V (STM): Read the Full Research Report
Zacks Investment Research
The demand for cheaper semiconductors in large volumes is on the rise. The company’s innovative DNA molecules will shrink microchip sizes, thereby reducing manufacturing costs and feeding this demand. It is expected that the technology will facilitate transition to the sub-22 nm lithography. This will help scale up the production of tiny computer chips possessing greater power, speed and energy efficiency.
The building of chips using this new technology improves IBM’s prospects in the long run, opening the door to a previously unexplored opportunity. We believe that although manufacturing complexities are always a consideration for new players and the cost of developing new technologies is extremely high, IBM -- through its technology leadership, superior cash generation and significant investment in R&D -- would be in a position to capitalize on the opportunity. IBM’s new foray into the semiconductor business could lead to substantial savings in the most expensive and challenging part of the chip-making process.
IBM's research combines the DNA double helix and nanotechnology to build frameworks for the theoretically smaller and less expensive microchips. The research was jointly done by IBM's scientists at Almaden Research Center and the California Institute of Technology.
While this could be a new revenue stream for IBM, the stiff competition would likley result in pressure on prices, thus hurting margins. Large companies such as NVIDIA (NasdaqGS: NVDA - News), Intel (NasdaqGS: INTC - News) and STMicroelectronics (NYSE: STM - News) have vast experience and expertise in smaller semiconductor designs.
The technology that IBM plans to use is time consuming and very costly. The new process is not expected to take off for another 10 years. It will also require huge cash outlays, thereby raising the cost of production However, given the strengthening demand and IBM’s history of execution, we remain positive on the company’s new initiative.
INTERNATIONAL BUSINESS MACHS (IBM): Read the Full Research Report
NVIDIA CP (NVDA): Read the Full Research Report
INTEL CP (INTC): Read the Full Research Report
STMICROELECTRONICS N V (STM): Read the Full Research Report
Zacks Investment Research
Tuesday, August 18, 2009
Ways We Could Retire Richer
Here are some ways we could retire richer:
1) Have Congress pass a law that allows workers to divert a portion of their social security to their Roth IRA, SEP IRA, or traditional IRA. This amount from social security would be on top of the current IRA maximum yearly contribution.
2) Allow anyone to invest in hedge funds.
3) Make the government live within its means.
1) Have Congress pass a law that allows workers to divert a portion of their social security to their Roth IRA, SEP IRA, or traditional IRA. This amount from social security would be on top of the current IRA maximum yearly contribution.
2) Allow anyone to invest in hedge funds.
3) Make the government live within its means.
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