Thursday, 9 September 2010

Ideas to Financial Freedom

1. Start your own Business from ground level:
If you have a passion for a particular product or service, or if you have identified an unfulfilled gap in the market, then potentially you could start your own business. I say potentially because you would need to do full due diligence before jumping straight in. Most multi-million pound corporations were started by a single person with an idea, from very humble beginnings in a garage or spare bedroom.If you see an opportunity and you have faith and determination, you can make it really, really big!

2. Network Marketing / MLM
Starting your own business from scratch can be very daunting and costly if you have no previous experience running a business. This is where network marketing is the perfect training ground. You buy into an established ‘system’ for what is relatively very low start up costs and you earn while you learn. Network marketing is not like being employed. If you work your business, you can turn it into a million pound organisation. Similarly, if you don’t work at it, you will not succeed.

3. Property Investment
This is one of best medium to long term investment you can make. Statistically, properties in the UK alone have increased by about 10% per year for the last 80 years. Sure there have been periods where property prices have slumped, but they always regain that loss, and always go up in value over the long run.

4. Investing in Shares
There are a number of different shares you can buy but the most popular type is the ordinary share. Ordinary shares simply represent ownership of a company. So, when you buy shares, also known as equities or stocks, you literally become a part-owner of that business. If, for example, a ABC Plc has 100,000 shares worth £1 each and you buy £1,000 of shares, you own 1% of the company. As a shareholder you have a say in the company’s affairs by voting at company meetings and, of course, the ability to share in its fortunes. If the company does well, the value of your investment should rise but if it does badly, you could see your shares fall in value.

5. Self Development
Let’s face it, the only way to get rich quick is to inherit a fortune. It is however possible for each one of us to make millions upon millions every year, but the truth is we don’t know how. Your not going to find a book with a ready made recipe for wealth that will make you wealthy after reading it once, because if that book did exist, we would all be wealthy wouldn’t we. But what we do need to do is learn from the best. Learn from people who have been there and done it already, and how we do that is by surrounding ourselves with their presence, their knowledge and their experiences and we do that in the form of books and audio training. Self development is the most underated, yet probably the most important.

6. Clear Bad Debts
Firstly, we need to understand that there are ‘good’ debts and ‘bad’ debts and we need to understand the difference between them. Not all debts are ‘bad’. Some debts can actually make you money. The richest people in the world today have millions of dollars worth of debt, because they understand leverage. If you have a mortgage for a buy-to-let property and you have tenants paying off the mortgage, this is a ‘good’ debt as it makes you money. You want to accumulate as much ‘good’ debt as you can. Examples of ‘bad’ debts are credit cards, car payments, department store cards etc. You are generally paying a fortune (anywhere up to 30%) for these debts and all it is doing is restricting your monthly cash flow. Setup a system so you can pay these debts off quicker, and be disciplined not to get into these debts again. This does not mean you’ll never have a fancy car or boat, but what it does mean is that if you do your investing correctly, and build your businesses, you will be able to buy that car cash.

7. Make Money Online
There are a number of ways you can make money online, working from home. Affiliate marketing is effectively promoting web business, and being rewarded for every visitor, subscriber, customer, and/or sale provided for your efforts. Another way to make money online is create your own web page. A web page on its own won’t make you money, but if you can create a website that generates large volumes of traffic, you can make money by getting companies to advertise on your site. Another way which has become very popular with people working from home is through EBay. Some people browse EBay all day, and find items that are undervalued. They buy these items, and resell them again for a profit. Some people make or distribute products through EBay, and they are making very, very good money.

8. Create unique product / Service / Invention
Another way to make a lot of money is invent an object or service that will make peoples lives easier, or that a lot of people will want. Coming up with inventions is a lot harder that it sounds, but not all inventions have to be complicated. While browsing the internet, I came across a website that sells plastic wishbones. Yes, somebody has come up with an idea to replicate turkey wishbones for Thanks Giving in the States, the idea is that you buy a couple of them and everyone at the table’s wish can come true, not just one persons. The company is now producing over 30 000 wishbones a year and a $3 each they are making a fortune!

Monday, 23 August 2010

Philosophy – Guide to Happiness

“friends, freedom and thought” the path to happiness?

To not have unrealistic expectations and to prepare, would lead to less anger.

Abandoned comfort for true fulfillment (like climbing a mountain)
What does not kill me, makes me stronger

Thursday, 29 July 2010

Inspirational Quote

"Think and act positive always and the world would will be yours"
Shayek Miah

"The greatest crime in the world is not developing your potential.
When you do what you do best,
you are helping not only yourself,
but the world."
Roger Williams

Monday, 14 September 2009

What makes us successful?

Here is a short video about the things that make us successful in life. The presenter Richard St. John made observations based on over 500 interviews with successful people.

8 things that make us successful

1. Passion

Do it for love not for the money. The money will always follow when you truly enjoy what you are doing.

2. Work

It’s all hard work. Nothing comes easily. But remember to have fun.

3. Good

Put yourself into something and get damn good at it.

Practice makes perfect.

4. Focus

Success is all about focusing yourself on one thing

5. Push

Push yourself. Physically, mentally. You have to push, push, push. When you are done pushing – push some more!

6. Serve

Serve others something of value – that’s how people really get rich.

7. Ideas

Have ideas and make them come true.

Listen, Observe, Be Curious, Ask Questions, Solve Problems, Make Connections – Ideas will follow.

8. Persist

Persistence is the number one reason that successful people are successful.

Sunday, 8 February 2009

Your Attitude can do Wonders

Father: I want you to marry a girl of my choice
Son: “I will choose my own bride!”

Father: “But the girl is Bill Gates’s daughter.”
Son: “Well, in that case…ok”

Next Day Father approaches Bill Gates.

Father: “I have a husband for your daughter.”
Bill Gates: “But my daughter is too young to marry!”

Father: “But this young man is a vice-president of the World Bank.”
Bill Gates: “Ah, in that case…ok”

Finally Father goes to see the president of the World Bank.

Father: “I have a young man to be recommended as a vice-president.”
President: “But I already have more vice- presidents than I need!”

Father: “But this young man is Bill Gates’s son-in-law.”
President: “Ah, in that case…ok”

This is how business is done!!

Moral: Even If you have nothing, You can get Anything. But your attitude should be positive

Thursday, 11 December 2008

Who Needs a Mentor?

Who needs a mentor. . .everyone who is truly serious about achieving more of their true potential, personally and financially. In fact, Richard Brooke says:

"If you're someone who wants to break out and do something extraordinary that you would not do on your own initiative, you better have a coach -- and you better have a great one."

If you doubt Mr. Brooke's quote may I suggest you investigate all top success icons in any field and you will find they all have Mentors and Coaches. It is reported that Michael Jordan at the peak of his career had 11 coaches.

You may be asking: what's the difference between a Mentor and a Coach? defines a . . .

Mentor as: "A wise and trusted counsellor or teacher."

Coach as: " A person who trains or directs athletes or athletic teams ."

We have defined two types of Mentors - Life and Area Specific Mentors. A Life Mentor is one whose success system or methodology is universal and the foundation for success in every area of a person's life.

Finding a Life Mentor whose success system is universal to everyone, no matter his or her education, talents or social status, is extremely difficult. This is why Napoleon Hill, author of Think & Grow Rich, is so unique and the ideal Life Mentor because his success system is the foundation for every outstanding achievement and fortune ever made.

An Area Specific Mentor is a mentor, often referred to as a "coach," whose knowledge and expertise is in one or a few areas of life. For example, a head coach of a National Football League (NFL) team possesses knowledge, skills and a system encompassing all aspects of the game. However, he utilizes coaches skilled in the different areas of the game such as offense, defense and special teams.

Below are six areas in life where we can use Area Specific Mentors/Coaches:

1) Physical/Health
2) Family
3) Mental/Educational
4) Career/Financial
5) Social/Civic
6) Spiritual/Ethical

Seriously you say, do we and specifically myself really need a mentor? Let's look at the facts:

No one person will live long enough to make all of the mistakes

In simple terms, mentors speed the learning process and are the reason for advancements in technology and the standards of living we enjoy today.

Grade-Point-Score averages, according to studies, have barely been maintained over the last 50 years. Moreover, in professional sports, with all the advancements in mind and physical development, one would think that the number of super stars being produced would have increased dramatically; however, as a percentage, it remains virtually unchanged.

With the explosion of entrepreneurial opportunities in franchising and network marketing beginning in the 1980s, plus the same explosion from the mid-1990s on in Internet businesses, why does less than 5% of the participants in these ventures enjoy success and make any money. WHY?

Conclusion - Most people are without mentors, especially "Life Mentors."

You may say: It only happens in movies or for those talented few you say! How about the heroics and courage against unbelievable odds in athletics, the military and in everyday life. These qualities of character and achievement were learned from a true Life Mentor such as parents, teachers and those who have paid the price to be called a Mentor.

Yes, we all need good Life Mentors and Coaches at every stage of our lives. But be careful to choose those who walk the talk and demonstrate and exemplify the life qualities and achievements in their own life.

Saturday, 22 November 2008

10 Books that will Help you Succeed

1. Think and grow rich - Napoleon Hill
This book is the essential guide for learning how to think like a rich person. Hill's easy step by set formula includes no guesswork; this book was written after an in depth study of the world's richest people. Hill compiles the list of attributes he discovered were common amongst virtually all successful people. If you plan on becoming rich I would recommend reading this book before starting your journey.

2. How to win friends and influence people - Dale Carnegie
Have you ever wondered how to persuade others to your way of thinking or how some people just seem to be able to make friends easily? This book outlines the simple rules to enjoying the cooperation of everyone you meet.

3. The master key system - Charles F. Haanel
This timeless classic clearly explains the link between your inner and outer worlds. Rumour has it Bill Gates read this book as a student.

4. The power of positive thinking - Norman Vincent Peale
How thinking positively can help you to believe in yourself and improve all aspects of your life.

5. The seven habits of highly effective people - Stephen R Covey
This popular book has been sold millions of times, the world over, for a very good reason. Quite simply, it describes the standard for good leadership and harmonious relationships.

6. Rich dad, Poor dad - Robert Kiyosaki
Kiyosaki will challenge the very way you look at money, and basically flip your viewpoint upside down. Most people's relationship with money is backward. Do you learn your financial facts from rich people or poor people?

7. Lead the field - Earl Nightingale
A concise handbook on how to become the number one in your industry!

8. Awaken the giant within - Tony Robbins
Robbins is the master ambassador for taking massive action. Reading this book may well stir that sleeping giant lying dormant within you, into waking from its slumber.

9. The power of now - Eckhardt Tolle
This book was not what I expected it to be but exceeded what I thought it would be. A real paradigm shifter. Become more conscious today.

10. The magic of thinking big - David J. Schwartz
A user's manual for setting big goals and how to achieve them!