Sunday, August 21, 2011

7 Ways to Unleash Your Financial genius


1) Obey the law of reciprocity. You are not going to get something for nothing. You must sacrifice something to gain something. If your customers are more than happy, you will be more than happy to be able to sell even more. Rewriting 3 eBooks and flinging them on an affiliate program expecting huge results is not obeying the law of reciprocity.

2) Be highly adaptable. People who survive and the people who reap the big windfalls noticed changes in their environments and acted in time. Adaptable people are likely to change their tactics and objectives when their boundary spanning and forecasting says "trouble on the horizon" or "big potential ahead." There is a slight chance you could adapt the needs and wants of consumers to what you are selling. You need to figure out how likely which business or investment has the best chance of success.

3) Begin with the end user in mind. Google serves the end user. Google's end users seem pretty satisfied. From the beginning, you must aim to satisfy your end users. If you do not, you are out of business. Test products and test customer service. Survey your customers to see if they like what they bought from you. Use Google alerts and monitor reviews of your product and your competitor's product.

4) Do as much of the important work yourself, if you can. No one cares about the success of your business as much as you. You cannot afford to hire incompetent workers, dishonest workers, or workers who do not really care. If you need to hire a specialized worker and need awesome results for your startup, copy Jeff Bezos of Amazon and make your programmer a part owner of your company.

5) Form a Master Mind group. There is synergy in a Master Mind. Sounding boards are useful. It is very, very beneficial to have an experienced entrepreneur in your Master Mind member who can steer you clear of errors and any sort of trap or con. Don't mooch off your Master Mind, bring something to the table.

6) Pretend its do or die. I have a guy in my Master Mind who is an alternative health expert. He tells people to pretend they have a month to live. He then tells them to get a juicer, quit smoking, and a bunch of other stuff. What I will say is: you know in 30 days your job is history. If you don't have money to retire with the comfort you want, what will you do? Then begin your research, planning, saving, and finding your own work.

7) Use self hypnosis and custom subliminal MP3's to alter your thinking, beliefs about yourself and your behavior. Listening when you wake up in the morning is best. Use your imagination. Tell yourself you can do it. Tell yourself you are capable. Succinctly tell yourself why you are capable. Focus on the most important few things.

If you choose to use self hypnosis and mind programming, whatever you do, DO NOT say "I am a billionaire." Stick with stuff that is attainable. You can learn faster, be motivated, not procrastinate, and be more confident. Those statements will likely get results. Too many wealth affirmations make you chant, "I want to get rich" which is a useless affirmation.

David K Drews is an author, investor, Internet marketer, MBA, and ex politcal hack. David runs http://www.renegadeuniversity.net - at this site you will find help with self hypnosis and subliminals, David's book about Master Mind groups, a list of 170 money saving ideas, the best books and sites for unleashing your financial genius.

Why stay in the school of hard knocks? Get ahead of the game today.

Article Source: http://EzineArticles.com/?expert=David_Drews Article Source: http://EzineArticles.com/6501182

Wednesday, August 17, 2011

My Current Investing Strategy: Tech, Leveraged ETFs and Other Countries

Right now, I am buying and holding (a few) companies that are developing cutting edge technologies. For example, nanotechnology (I own shares of IBM). Tech companies are a good buy now.

During the panic last week, I took profits on FAZ, and AGQ. I took those profits and bought shares of AGD. (IBM did well last week.)

Its good to spread your money around. Its good to have some etfs, including short and leveraged etf s (I think so). Its good to have some cash on the sidelines for puts an/or short funds, or to buy a discounted stock. You can't do that without any cash.

I am becoming more of a believer in taking profits and playing with the houses money.