April 20, 2008
How and Why Smart Investors Choose Home Businesses
A couple years ago, my husband and I decide to learn investing techniques in both Real Estate and the stock market. We knew very little but our purpose was to gain time freedom and long term wealth. We invested the time, money, and energy to become good investors and it is paying off beautifully.
It's funny to me how many people who find out that we are investing in Real Estate ask us if we are doing ok with the current market. Most people categorize all real estate together with no understanding that there is a big difference between the consumer sector of housing and the investing sector. To many, a loan on an apartment complex must be as scary as a loan on a house because of lack of education on the subject.
As of late, we have had more friends and family asking to be involved with us because they have seen our successes and growth. It's wonderful to be able to help them enhance their lives financially and give back.
I am continuously grateful for our changes and growth and the principles I have learned and how I can apply them to other areas of life. I grew up considerably poor, even by American standards, so being financially educated is so valuable to me. I want to help you apply some of these ideas to the home based business industry.
You see, if you want to be rich, you MUST learn the principles that the rich live by. It's not enough to win the lottery - many lottery winners end up worse off, often because the don't feel worthy of their newfound fortune so they squander it or give too much away rather than reinvest.
As an investor, I understand the reasons for having multiple streams of income. So when I look at a new venture, there are some things that the opportunity must include.
One of the most critical components to a business opportunity is the quality of education that comes with it. The education should include personal success and business techniques, as well as product education. The rich choose education over entertainment.
So many people struggle with guilt about money management, or they have such a fear of losing it that they won't work on their financial education.
Your background in school does NOT matter. I know many slow learners who have become incredible successful because they chose to learn despite their learning abilities or reading level. Discover the power of passive income, learn about using compound interest to your advantage and you will be better off.
Get out of your TV habit or learn to record for later after your work and learning is done. Many people get rid of their TV initally. If you keep doing what you are doing you will stay where you are at financially.
My company makes sure all of it's members have access to two types of products and education:
A) Advertising/Marketing skills and products B) Business Owner mindset training/education
Business owners (especially new ones and home based business people) usually have an employee mindset. They have spent much of their lives as an employee so there must be a shift in their mind. This company educates owners on how to think like an owner. Click Here for business info.
According to the Small Business Administration, almost 60% of all businesses fail in the first 4 years and it is worse at 5 years! It reports that a big reason for the failure is the education level of the business owner.
Another reason for failure is that most people have zero marketing knowledge and skills. In speaking with many in the Home Based Business Industry, they don't know how to market their business and they often reach a plateau they can't get past. That is why my company focuses on both marketing skills and education. href="http://www.arlabornho.edcdiamond.com/en/Page4.aspx">Click Here to hear the business founder talk about this.
Many people say "Time is Money". That is incorrect. Rich people understand that time is infinitely more valuable than money. You can always get more money. You can never buy back time.
Because time is precious, you must learn to set up systems that allow you to run your business with little effort. In my business, many learn it, then set up systems to market for them, and then they spend time connecting with people, and finally they can "retire" while the system continues to make them money.
It takes time to get the systems in place. To me it's like building an the Alaskan Oil Pipeline. Once you have systems in place your time can be focused on other things and still have a large income streaming in because the business can be highly automated.
Wealthy people don't work for money - they have set up systems to make it work for them. It's a shift in thinking and this principle changed my life and perspective. With a job, you are renting time to someone who never gives it even half of it's value!
Like the rich, learn to use the power of leverage. Leverage is using given resources to exponentially increase the outcome.
Team building and leadership skills allow you to leverage your team's time and effort to get you all to where you want to be. Learn those skills and you will be more effective with leverage. If you want to see an example of the power of team and money leverage concepts Click Here on my business page and go to the compensation plan towards the bottom.
Because my time is precious to me, and I know how to make million dollar decisions, I want my efforts to be rewarded well, how about you?
Here are some stats about the Home Based Business industry that make it very exciting:
Another person joins the internet community every 2 seconds.
Another person joins a Home Based Business every 11 seconds.
The demand for web traffic and marketing products is over 100 million and growing.
Because the economy is a concern for many, the Home Based Business industry, more than ever will explode as people look for new income sources.
Check out my business by Clicking Here. If after reading this it is not a good fit for you, no problem. But find something that will enhance your life and the life of many others.
Warrnet Buffet and Donald Trump understand the opportunities available for those in the Home Businesses Industry. Both men have household names synonymous with money. Both of these men recently bought Multilevel Marketing companies. They understand the demand and the market.
In a TV interview, Mr. Trump was recently asked what he would do if he had to start over. His answer was to join a Network Marketing Company. The audience snickered a bit and in true Trump fashion he pointed out that he is where he is today and they audience is where they are financially because he isn't closed off to those types of opportunities.
These are things I have been implementing into my life and seen amazing results and so can you. I am here to help. If you are interested in a my Home Based Business, call me.
Filed under Investing by A.Bornhoft





