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Jan 21, 2008

The Billionaire Mind

Billionaires Blog: By Michael Sharkey

Today more than any time in the history of the world it is possible to become a millionaire or even a billionaire if you learn the right skills, systems, and build a highly qualified team. In order to have the highest chance of reaching financial abundance need to develop the following.

1. Clarity - Eighty percent of success comes from being clear on who you are, what you believe in and what you want.

2. Competence - You can't climb to the next level on the ladder until you are excellent at what you do now.

3. Constraints - Eighty percent of all obstacles to success come from within. Find out what is constraining in you or your company and deal with it.

4. Concentration - The ability to focus on one thing single-mindedly and see it through until it’s done takes more character than anything else.

5. Creativity - Flood your life with ideas from many sources. Creativity needs to be exercised like a muscle, if you don't use it you'll lose it.

6. Courage - Most in demand and least in supply, courage is the willingness to do the things you know are right.

7. Continuous learning - Read, at the very least, one book a week on business or ways to make money to keep you miles ahead of the competition. And just as you eat and bathe, organize your time so you spend 30 minutes a day exploring e-mail, sending messages, going through web sites, because like exercise, it's the only way you can keep on top of technology.

There are also powerful online and offline ways in which you can make money. The goal is to be always thinking about multiple sources of income. If you do this than when one source drops you still have other income sources to fall back on. A couple of examples of ways to make money that could lead you on the path to become financial free are…

Making money Online

There are many ways that you can make money online and offline. Here are a couple money making options to look into…..

1. Joint Ventures- This is where you find different websites and offer them a service or promise to promote each other’s product online which the idea of sharing the profits

2. Affiliate Programs- If you have a website and you are willing to advertising on your site you can offer links that lead you back to the companies website where you can get paid a commission for every sale.

3. Selling Information- If you know something that you feel a lot of people don’t know about you
should sell the information online. Who knows there could be serious profits in the information you know.

4. Advertising site- You can offer advertising on your site and receive a commission for letting people put banners on your site.

5. Offer a service- Examples of services you can offer is web design, Internet service provider, and web hosting.

6. Marketing- You can market other products and service by writing a company a marketing strategy, Advertising, and Copywriting.

7. Online Auctions- One person’s junk is another perso’s treasure.

Making Money Offline There are many ways you can make money offline, but here are just a few options you can do from your home in a few hours a day.

1. Investing in real estate- Looking for real estate deals that include checking hud, and local city fore-closers! There are many no money down or low down payment ways that are cover in my money makers newsletters. But if you don’t have a lot of time check at you local bank to see if they have in foreclosed houses.

2. Lien taxes- Using lien taxes can make investment returns of 18% to 50% percent!

3. Network Marketing- This is a powerful way to make residual income for years!

4. Licensing- Do you know some who has a great product. Sign a contract and connect them with the right people and you can make residual profit from it as long as the product is being sold.

5. Selling Information- Each person has a life story that could be worth millions. Why not write a book and let the whole world know about it and profit from it!

Passion also another smart way to become a millionaire you must not forget about is to start a business doing your passion. Following your passion or doing something you’re passionate about is a great way to make sure that the money will come. The reason why is because when you’re passionate about something you never give up because you doing it for the love rather than the money and so work becomes easier and you end up doing better. People who do what they are passionate about are happier and live happier lives and have better productivity. Who knows your passion may also inspire others to follow their passion. So be inspired and know that there are people out their who are doing what they love every day. All they had to do is make the decision to follow their dream and the rest was history!

Millionaire Weapons

There are certain resources millionaires use to achieve their goals. These resources when used together can create a power way for people to achieve their goals. Here a the reveal.. secrets of millionaires………

1. Leverage
2. Mentors
3. Teams
4. Networks
5. Infinite Networks
6. Skills and Tools
7. systems
8. Real estate
9. Building business
10. Corporation
11. Tax Control
12. Retirement Plan

I’ll just mention a few below to give you a the tools to get started on you road to money more than you can ever need. The weapons above are powerful tools and when they are used correctly they can create powerful results in short periods of time.

Leverage

When trying to make your dreams come true is is important you use leverage. Here are some of the advantages of leverage.

1. Leverage equals speed. To make in goal come true in a minute you must master the power of leverage which is to use other peoples skills, talents, understandings to help you achieve a goal. Learn how to use other people’s talents to get your dreams done. You’ll find that you goals will get down a lot faster if you use this skill.

2. The longer the lever, the greater the impact. The Enlightened person knows that ease and speed are the new wants of life. So that’s why more resources you use the easier and the faster things get done. Hence very long and strong levers.

3. Masters are using all five kinds of leverage in the world have better success.
• OPM- Other people’s money
• OPE- Other people’s experience
• OPI- Other people’s Ideas
• OPT- Other people’s time
• OPW- Other People’s Work

4. Millionaires are constantly looking for leverage. Millionaires constantly ask: How can I leverage this situation, this opportunity, this idea? To become an Enlightened One Minute Millionaire. Always ask yourself “ Where is the leverage?"

5. There are six key forms of leverage that give you maximum leverage.
• Mentors
• Teams
• Network
• Infinite Networks
• Tools and skills
• Tools and skills
• System

When you apply all these forms of leverage you become unstoppable.

Mentors

If you are to be successful it is important to you have a mentor. Here are something to know about mentoring.

1. Everyone successful person has mentors for their different needs. A mentor is a shortcut to perspective, proficiency, and patience.

2. Mentoring is powerful from of leverage . Drawing from your mentor’s experience is the quickest, safest, and easiest way to climb the Millionaire Mountain.

3. Mentors are everywhere. Each person you meet can “ accidentally” teach you something to advance your cause.

4. Mentors don’t need to be people. Anything that causes you to change the course in your life – a life threatening disease, losing a job, reading a book, or an encounter with an animal can serve as a mentor.

5. Constanly seek out mentoring relationships. When you find yourself lacking in anything- an attitude, an awareness, a skill, a habit, a technique, or a strategy-seek a mentor to show you the shortcut.

6. Assemble a Dream Team of your favorite heroes and sheroes, present and past. Form an imaginary Council of light consisting of your selected leaders. Imagine being able to counsel with them as if they were communicating with you in person.

7. Set a goal to search out as least one millionaire a month. Request an audeience, either in person, by phone, or by email to pick your millionaire mentor brain.

8. The best kind of mentor is a transformational mentor. A transforming mentor who creates a context in which you experience enlightment.

Teams

1. You need a team to obtain your dreams because 2 minds always work better than one.

2. You must look for the hidden talents for your team because it’s the l little things that make a difference. The most talents you find the less you have to personally do.

3. Make sure you establish the values of a team. These values will help guide you when trouble times arise.

4. Determine what your team’s strengths and weakness are.

5. Make sure you have the right people doing the right job.

6. Always be looking for new member who may fit better into you dream team.

7. Make sure to set team goals and know where everyone stands on these goals.

I am currently working on a part 2 to this article that will include Networking, skills and tools, systems, and the other sources you need to know about, but if you are unable to wait for this article to be completed I high suggest check out my newsletter. Change your life today and find out how you can live a life of abundance!

Michael Sharkey writes article at findyourinnergenius.com to empower people and show them that they are capable of having the life they want to live and be whoever they want to be. His goal is to try to empower or have a impact on at least one new person's life everyday. For more articles and information on michael sharkey go to findyourinnergenius.com

Article Source: EzineArticles.com

1 comments:

Anonymous said...

Nice informative posts. I like the affiliate programs and advertisements. It can earn you more with less effort. Smart way to earn.

You might be interested in the Young Entrepreneur Society from the www.YoungEntrepreneurSociety.com. A useful resource for entrepreneurs.