Thursday, December 29, 2011

Affirmation for Ideas and Creativity

The ideas I need materialize.

Say the above affirmation to yourself during a quiet moment.

Use Your Role Models Even When they are Not Around

Ask yourself what your role model or mentor would do if they were in your shoes.

Be honest with yourself.

Your role models and mentors were not lazy.  I am sure they were the ones who made things happen.

Be the person who makes things happen.  Get the most from your time.

Put the same amount of passion into your work as your mentors and role models.

Wednesday, December 28, 2011

A Key Concept for Your Success in 2012

Have high standards for yourself.  Don't lower your standards.  Your standards are for you.

You don't have to be ridiculous.

Hold yourself accountable for your spending and saving.
Hold yourself accountable for doing excellent work at school, your side project and your main job.

If you set a weight loss goal for 2012, maintain the standard you set for yourself.

Crowd out negative thoughts and people from your mind.  This is up to you to protect your vision and goal.

A MasterMind group is excellent for accountability.

You May be the Eyes and Ears of Your Boss - Why not be the Eyes and Ears of Your Master Mind

The management of any company you can think of and all politicians need eyes and ears.

Leaders need information on what is working and new information on other strengths.

Leaders need to identify threats to their businesses. 

If you have or are starting a business, you need a MasterMind group to observe and scan the environment for you.  You should do the same for people in your MasterMind.

Keep your employer and your MasterMind informed of crooks and trolls.  Pass on any vital info they might need.

Leadership Quote

"Leadership is about being a role model. Leadership is about living one's life to higher standards."

-- Robert T. Kiyosaki

Friday, December 23, 2011

How to Create Passive Income and Retire Early

Well, after you read my last post you think a billion dollar net worth is way too realistic. Maybe.  The the lure is strong.

What if we just want to retire with $50,000 or so in passive income?

Do the following and see mastermind-university dot com :

-  Take profits.  When your stock shows a profit, at least sell the principal.  The market is tough now.
-  Buy into trends AND know what you own.
-  Investigate a lot of big dividend payers and bonds.  Don't limit yourself.
-  Spread your money around. 
-  Watch some inverse etf's and funds.
-  Be realistic regardless of what you hear or read.  The economy isn't great.  Be able to explain to your spouse, or kid why you made the investment you made.  Use facts, common sense and logic.  Admit mistakes. Admit it if your investments are too risky and make corrections.
-  Read about  investments.  What did the gurus read? What to MBA candidates read?  Get started.
-  Follow the news on your stocks and your watch list.
-  Have a competent MasterMind and a competent advisor cover your blind spots and expand your reach.

-  Think of ways to make extra income.  There are lots of people selling on ebay and amazon.  Lots of people have side businesses and etc.  What small deal can you think of?  Invest your extra earnings.

-  Think of ways to save money without hurting your lifestyle too bad.  See the site I mentioned.

-  Be nice to everyone.  Its easier to build a huge network when its not all about you, or if you are really inconsiderate.  Your employers and people you deal with every day should be able to say good things about you.  You should pay compliments to others too.  Your networks and lists could provide a job or some sales or some other deal.  (Or preferential treatment.)

-  Work hard at your job and your side projects.  Sloppy work won't get you to early retirement.  Focus on the bottom line.  What makes the income for your work or business?  Do those things.

-  Admit it to yourself if you are broke.  A baseless fantasy that a million bucks is around the corner is a path to disaster.

How to Become a Billionaire

1) Improve the world. Invent a product or service that makes everyone in the world's life better.  I wrote a book about MasterMind groups.  If you are going to get people in your MasterMind group, you have to improve a few people's lives.  Show them how to make more money.  Show your protege friend the ropes to the field you are in.  Then figure out how to get paid for serving more people.

Positively impact a billion people and you should be a billionaire.

2) Add more and MORE value than your competitors.  Look at the iphone and the droid.  Their customers have a value packed deal.  If word gets out that a good special report you wrote will solve X problem, you could sell a lot of your products with the traffic you get. 

Impact a billion people better, faster and cheaper than your competitors.

3) Give your government an edge through technology.  You can improve a function of the government with the right product or service.  There is a little more to it than defense, intelligence, and law enforcement.  Computer programs may be needed to cut costs and streamline, etc.

4) Make deals.  Joint ventures could pan out.  Who has what you need? Do you have what they need? Make a deal.  Consider a joint venture. 

5) Do more deals.  How many things going does Trump have?  What I have been thinking is: entertain more and more people through various projects.  Maximize the use of your time like Trump does.  You don't know ahead of time what will really work on a massive scale.  Have as many deals as you and your team can manage.

If you dont have the resources to pay a 10 person company, talk to your MasterMind group.

6) Brainstorm outside the box.  Don't go to bed when your creative juices are flowing.  Write down and brainstorm your best out of the box ideas.  Improve things that already exist.

7) Investigate the buzz.  Or have someone investigate the buzz for you.  Search the world for the best wealth building opportunities.

Will there be a Run Up of Silver in 2012?

There are some indications coming from various economic sources that may be pointing to solar flare activity in the realm of all things silver. If you're someone that has been buying silver bullion or if you're someone that's considering dipping your toe into the market this could be very good news. Let's take a look the top 3 reasons that will ignite its upward burst.



1) As I write today, with the price of spot gold at $1605/oz and spot silver sitting at $29/oz, the current silver to gold ratio is 55:1. Mathematically speaking, it would take 55 ounces of silver to purchase 1 ounce of gold. Historically, the gap between the two has been about 15:1 and so if go simply remains at it current price and the silver gap decides to revert back to its norm silver will jut upward to $107/oz. A nice jump for doing nothing except letting nature take its course.



2) Dollar printing. The price of gold and the value of the dollar have always travelled in two opposite directions. The more dollars in circulation the higher the price of gold. And, this isn't due to a rise in the value of gold. It's due directly to the value of the dollar. More dollars in circulation means a drop in the value of said dollars resulting in the rise in the price of commodities. Oil has the same response as gold to the increase of the money supply. Just ten years ago the price of gold was just under $300/oz. Has its value risen? No, but, the supply of money has and it has risen rapidly.



The full impact of the recent flood of money printed has yet to hit our shores, but, is making its way around the world and can be seen in all of its ugliness in countries such as Greece and England, as well as the countries of the Middle East. The impact here will be just as profound.



3) Inflation twisted numbers. Our "always looking out for your best" government officials have a knack for "fudging" certain statistics. Inflation is one of those. John Williams at Shadowstats.com tracks the true inflation rates and in a recent interview with King World News (Dec. 20, 2011) gives us this quote:



The earlier all-time high of $850.00 of January 21, 1980 would be $2,472 per troy ounce, based on November 2011 CPI-U-adjusted dollars, $8,702 per troy ounce based on SGS-Alternate-CPI-adjusted dollars.



In like manner, the all-time high price for silver in January 1980 of $49.45 per troy ounce, although approached earlier this year, still has not been hit since 1980, including in terms of inflation-adjusted dollars. Based on November 2011 CPI-U inflation, the 1980 silver price peak would be $144 per troy ounce and would be $506 per troy ounce in terms of SGS-Alternate-CPI-adjusted dollars."



John Williams also believes we're headed for massive hyperinflation and that the price of gold will likewise rise exponentially. Talk of gold hitting $7000+/oz and silver reaching $500+/oz is becoming more and more common in economic writings.



Bonus reason: The crushing demand for silver. Most people don't realize the true industrial value of silver. The metal can be found in batteries, bearings, electronics, soldering and automotive parts. Silver is essential for the production of plastic and can be found in jewelry, tableware and insulation. It has its uses in solar energy, water purification systems, glass and x-ray equipment. According to the The Silver Institute, the demand for silver has risen from 877 million ounces in 2001 to 1056 million ounces in 2010. Add in Chinas' voracious, unquenchable appetite for the metal and a global awakening, yet to come, of the need to protect oneself from currency devaluation via the purchase of gold and silver and the result will be explosive.



Much more information can be found on my website: CheapestGoldandSilver.com



Ray Dudley has become one of those "extreme couponers" over the last few years and has recently applied his couponing tactics to the arena of purchasing silver bullion with great success. Believing the word "retail" to have nasty implications he seeks all things "cheap(er)".





More of my sights can be found on my blog: http://www.cheapgoldandsilver.com



Article Source: http://EzineArticles.com/?expert=Ray_Dudley







Article Source: http://EzineArticles.com/6769335

Friday, December 16, 2011

Financial Independence on a Budget

At mastermind university dot com it is written to:

- Save 1/2 of all pay increases.
- Save unexpected income.

If you don't think you are making enough money now, start small anyway. 
How do you manage when you need a sick day?  How do people survive after they quit a concentration camp?

You can find a way to save.

The welfare hootchie mama's don't agree.  But pay them no mind.