Turn Your Burn into an EARN! – Got Burned in the Market? Now What?

Flip on CNN and there’s good news about the economy then bad news about the economy. Creating wealth doesn’t depend on good news or bad news. It DOES depend on good thinking and bad thinking. Good thinking- “Hey, there’s a recession going on, I’m going see this as ‘recess’ and make the best of it!” Bad thinking- “Gee, I lost a ton of money in the market. I’m going to fire my broker/financial advisor/tax planner and do nothing at all.”

Let’s all Calm Down When the universe hands you a bucket of lemons go make some lemonade right?  Listen to this Podcast I just did because you will learn something about getting control of your finances, REGARDLESS of how bad or good your situation might be right now. Now it’s time to Turn Your Burn into an EARN! That’s the clever title of today’s Podcast.

TURN YOUR BURN INTO AN . . . → Read More: Turn Your Burn into an EARN! – Got Burned in the Market? Now What?

7 Tax Saving, Money Making Tips You can use Today – Put $5,700 Back in Your Pocket

My friend Lance Hood is putting together a large group of authors, speakers, and experts on everything related to creating wealth for a FREE online teleclass series. He asked me to produce a quick video overview of what I will be speaking on. After I finished the video for his promotional purposes I took the same wealth building ideas I talked about in that video and put them into this Podcast.

There are seven tax-saving, money making ideas in this Podcast and you’ll even find ways to put your little ones on the payroll. In 2009 you can pay your children $5,700. That’s one way to shift some income and lower your tax liability. Of course, I’m speaking in general terms so always check with your tax professional regarding your unique situation.

With 65% of you money flying out of your pocket in taxes and interest you need to . . . → Read More: 7 Tax Saving, Money Making Tips You can use Today – Put $5,700 Back in Your Pocket

Where do you Learn About Wealth Building?

I love wealth coaching. I truly enjoy helping people on their path to building total financial freedom. Yet, although I am very passionate about the power of our wealth coaching process, I recognize there are many ways to build lifelong wealth. For example, Money magazine, www.CNNMoney.com had a great article recently about the 7 New Rules of Financial Security. The article was good and probably helpful to many readers.

Entrepreneur Magazine had some great articles on marketing tactics, the impact of the stimulus plan, how Firewire Surfboards has reshaped an industry, and a few tips on whether or not to expand your franchise from one location to many. All good stuff but… pretty broad.

One of the things I believe is very important to building financial wealth is creating a team of people around you that can help you create wealth within your specific and unique situation.

Look for a . . . → Read More: Where do you Learn About Wealth Building?

Millionaire Jeff Black Shares his Insight

My friend and highly successful entrepreneur Jeff Black has given me some real pearls of wisdom over the years. Since the age of 16 he has been providing his business expertise to world class companies AND he has started a many multi-million dollar companies of his own. He helped launch Alta Vista, Hotels.com, Resorts.com and many others. His ideas are worth listening to!

I was reviewing some of my notes from one of his appearances on our wealth coaching call we do every Monday night called the Connector Program and I thought I would share some of his insight with you.

If you are interested in creating lifelong wealth, starting a business or just creating more of what you want in life, here are a few of the golden nuggets I pulled from my interview with millionaire entrepreneur, Jeff Black:

Jeff Black says (and I paraphrase a bit for space) . . . → Read More: Millionaire Jeff Black Shares his Insight

Get Rich with the Pitch! A Sales Pitch Formula That Works!

If you want to build lifelong wealth, you’ll need to get clear about who you are and what you do. You’ll need to be able to explain your company or services to others n a very clear, concise, and compelling way.

To nail this down into something you can actually do without a lot of thought, simply answer these questions. Write them out, rehearse it, refine it, and sell it!

Whether you’re selling yourself to a lender, an employer, or a potential date, we’re always selling! Here is a simple formula you can use to nail down your sales pitch.

Answer these four questions – just fill in the blank after each one and you’ve got your pitch! 1. Who are you?

2. What do you do?

3. Why are you the best?

4. What do you want me to do (call to action)?

Now, write it again, speak it . . . → Read More: Get Rich with the Pitch! A Sales Pitch Formula That Works!

Saving Tax Money in a Flat World

Until someone actually proved the world was not flat, you would have been considered totally crazy to think otherwise. Until someone proved that turning hot water into steam could run powerful steam engines and change the world of transportation you would have been considered a lunatic to think that a person could travel from city to city in minutes or hours instead of days or weeks.

And…until someone proved that you, yes you, can set up your own banking system and make money 24/7 with lower risk and consistent returns, just like a banker does, you would say this is just foolishness. But building financial freedom often requires a new way of thinking. Tax Savings & Wealth Building Ideas What once seemed impossible is now completely plausible, only if, you can make a paradigm shift, or a significant change in your point of view. If there is any area of . . . → Read More: Saving Tax Money in a Flat World

Saving Tax Money in a Flat World

Until someone actually proved the world was not flat, you would have been considered totally crazy to think otherwise. Until someone proved that turning hot water into steam could run powerful steam engines and change the world of transportation you would have been considered a lunatic to think that a person could travel from city to city in minutes or hours instead of days or weeks.

And…until someone proved that you, yes you, can set up your own banking system and make money 24/7 with lower risk and consistent returns, just like a banker does, you would say this is just foolishness. But building financial freedom often requires a new way of thinking. Tax Savings & Wealth Building Ideas What once seemed impossible is now completely plausible, only if, you can make a paradigm shift, or a significant change in your point of view. If there is any area of . . . → Read More: Saving Tax Money in a Flat World

Four Major Systems for Creating & Controlling Financial Freedom

The Infinite Banking System puts you in total control of your wealth. When it’s all set up and running properly, you decide what money comes in and what money goes out. You set the interest rates and terms you want to pay to borrow money, just like a banker does. You decide how much interest you will charge others when you lend money and of course, the terms under which they will pay you back.

If your plan for retirement has been modified by our economic situation, maybe it’s time to learn how to create a recession-proof wealth building strategy. Plan for Retirement – Systematically Again, there is no reason to compromise your lifestyle. We understand that it has been hammered into you since you started working that you must be saving for and planning for retirement. Of course, we all want to enjoy a retirement free of financial stress . . . → Read More: Four Major Systems for Creating & Controlling Financial Freedom

How to Form a Wealth Building Team & Reduce Taxes

As the economy evolves, our wealth building and tax saving strategies evolve. That’s why I would like to introduce you to some of my millionaire friends. I have formed a team of like minded, very smart, high integrity people who are willing to share their insights on wealth building with my students.

Building financial wealth never happens one person at a time. I always say, “Teamwork makes the dream work!” I’m very excited about some of the changes we’ve recently made to our wealth coaching programs. Now you will have more opportunities to interact with highly successful people to hear their “secrets of success.”

Every week we bring in money experts, millionaires, and business experts for you to listen to and learn from in the comfort of your own home. You’ll be able to ask questions, solve problems and find ways to capitalize on financial opportunities when you join one . . . → Read More: How to Form a Wealth Building Team & Reduce Taxes

8 Banker’s Rules They Never Break!

To create wealth you must understand some fundamental wealth principles. Here is one aspect of our wealth coaching programs, learning how to think, act, and profit like a banker. So let’s get inside the bankers head and see what you can learn about your views of making extra money, building lifelong wealth and creating total financial freedom.

Bankers Think Safety First A banker is charged with the responsibility of running his bank at a profit. He is trained to think safety first.  Bankers follow a strict set of rules that have proven effective for hundreds of years. Anytime those rules are broken, banks get into trouble and bankers lose their jobs. We can see that in recent bank failures around the world. The Bankers’ Rule Number One is: Do not take risk.

As bankers bent this rule and started buying and selling over-valued mortgages, assuming the value of real estate . . . → Read More: 8 Banker’s Rules They Never Break!