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Archive for the 'Wealth' Category

High Income Business Opportunities With Minimal Risk

Wednesday, September 27th, 2006

We all would love to have gifted to us high income business opportunities - ideally with little or no risk and indeed little or no money down.

The fact of the matter is somewhat different. The simple truth is as follows:

High Income Business Opportunities usually:

1. Are High Risk

2. Require Investment

3. Require Time/Effort On Your Part

Naturally there are exceptions to every rule but the above will stand you in good stead.

And with all the above said, what high income opportunities are available to you as a business bearing in mind you want to mitigate your risk/limit your exposure.

Opportunity #1 - The EBay Monster

With over 200,000,000 registered users this is a massive marketplace selling every conceivable item you could imagine. There are estimated to be over 800,000 people making a full time living on EBay alone and using the 80/20 rule - 20% of them are doing it well. If you could be one of those 20% you would be laughing all the way to the bank - literally.

There is a small problem - time and money. You’ll need to “invest” both to become proficient in selling on EBay (trust me on this) or else you’ll end up with your wallet in a financial sling.

The following is a course you might want to consider - it is the “Rolls Royce” of it’s type so you will pay a premium for it:

Auction Genius Course

It will arm you well and save you considerable time/money thus reducing your risk.

Opportunity #2 - The Network Marketing Model

There are 2 major issues with this model:

1. Pyramid schemes - These are fraudulent (also called Ponzi) schemes setup with the express purpose of separating you from your hard earned cash. Far too many people have been deterred from legitimate network marketing opportunities as a result. This is why you have to exert due diligence when choosing a specific opportunity - be very careful and do you research before you join up.
2. Focus - Most people who get involved in the Network Marketing industry (I know because I was one of these who made this mistake - so take heed!) subscribe to too many “opportunities” - this means they spread themselves too thinly and as a result make little or no progress in their chosen system. If you are going to join up and get involved, do so by taking “baby steps”:

2a. Make sure you join up with one system and get to know it inside out as well as how to promote it.

2b. Make sure the product behind the “opportunity” is high quality and has a genuine market outside of the network marketers who join in the first place!

2c. Make sure you invest only as much as you can afford to spend (there’s no point spending $100/month+ on subscriptions if you cannot afford it).

2d. Give it a fair chance - honestly try your best for at least 6 months with the systems/tools provided and see if it really delivers. If you have done the above and still see no results, you will have learned a lot to apply on another opportunity and have saved yourself a lot of time and effort moving forward.

Given the above caveats, there is a simple way I can recommend you to get started as it meets all the above criteria:

The .ws Website Opportunity

Opportunity #3 - Education

This is more “preventative” rather than an opportunity. In order for you to reap the rewards of any business you sow. In addition, there are a huge number of ideas contained within this resource which will stand you in good stead whilst you research more high income business opportunities.

If you “educate yourself”, you “insure yourself” from the ignorance of not knowing the risks which inevitably face you.

There is one resource I know which fits the bill and it’s by the business marketing mastermind himself: Jay Abraham.

I have personally invested in one of his very high ticket items (and it was worth every penny) but he has recently released a convenient digital version of his hugely popular Mr X book.

Quite simply brilliant:

Mr X - The Business Marketing Bible

The above resources should give you some food for thought when you next look for a high income opportunity.

Above all else remember this:

“If it looks too good to be true, it probably is.

How about you - have you spotted any business opportunities you know to be fantastic?

All the best,

Tom

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Millionaire Row Orlando Florida - Here I Come…

Tuesday, September 26th, 2006

I’ve been to Orlando once before and it was not the most pleasant of experiences in my life (I did the DisneyWorld experience with the family but also had tonsillitis and on top of that a horrible “4 Star” hotel - yeah right! - to stay in).

But I’m not bitter ;-)

Many people’s idea of the perfect hideaway is indeed millionaire row in Orlando - so called because…

Yes, you’ve guessed it, there are one or two well heeled people living there. So ponder this - if you were to live in your dream place and money was no object, where would it be?

Personally, (and nothing against Orlando) Orlando is not likely to be the place I decide to roost. Instead, if it were the States, I think I’d look a bit further west - New Mexico is nice by all accounts, San Diego and indeed the Bay area too.

But if I had to be pushed to decide on the dream place to live (naturally with all my millions in tow - lol), I would probably look somewhere closer to home. A Tuscan villa perhaps?

Oh the quandry of it all, so many places, so much to choose from, so little time… ;-)

How about you?

Where is your dream place to retire to and/or live and why?

All the best,

Tom

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Are You A Rich Jerk, Do You Want To Be?

Wednesday, September 13th, 2006

Found this fun “ready reckoner” on my travels:

Discover how rich you are!

It brings you to a site called the Global Rich List (created by a company called “Poke” in London) and you can see how “wealthy” you are relative to others around the globe.

I like the sentiment behind the site w.r.t. charity donation.

So, who’s currently up there in the fabulously wealthy stratosphere?

Well according to Forbes.com, the current top ten is:

#1 William Gates
#2 Warren Buffett
#3 Carlos Slim HelĂș
#4 Ingvar Kamprad
#5 Lakshmi Mittal
#6 Paul Allen
#7 Bernard Arnault
#8 Prince Alwaleed
#9 Kenneth Thomson
#10 Li Ka-shing

I don’t know about you, but I’ve got a ways to go to get on that particular list ;-)

All the best,

Tom

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