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Never trade your most valuable asset for money – #1 Passive Income Coach

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Douglas Vermeeren # 1 Passive Income CoachAll traditional streams of income require a trade. At the top of the list of things that you are trading is time. Time is your most valuable asset and the one thing you can never replace. Passive Income is the most powerful tools you cancreate to recapture your time and ultimately your life.

Passive income arrives as you understand how to create value or package the value you already have in ways that it can be systematized and leveraged. Most people never take the time to figure this out and as a result they get stuck in the rat race.

Make a commitment today to start leveraging your value in the marketplace.

#Douglasvermeeren #1passiveincomecoach #passiveincome #financialfreedom #getbackyourtime #entrepreneurlife #Millionairelifestyle #passiveincomelifestyle #Passiveincomemillionaire #neverworkagain

Do this or you’ll work until you die – Douglas Vermeeren #1 Passive income coach

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Warren Buffet once said that, “If you don’t learn how to make money while you sleep you are destined to work until you die.”

Most people agree and know they need to do this but they are held back by a lack of knowledge. They are also often stuck because they see others making passive income through MLM or online and think that is the only way. While these ways can work well for some they are by no means the only way.

Recently I made a list of the various profitable passive income methods I have used or taught my students and we have come up with an enormous list of things that quite frankly anyone can do. You can do it too.

Many of these methods are accessible and very cost effective to create.

It is important to remember that all assets, systems, joint ventures or opportunities that produce passive income will require resources to set up. That’;s not always money. It could be time. It could be expertise. It could be some form of collaboration. There are many ways to do it. (And many ways most people have never thought about.) But the most important thing to remember is that you will be expected to do something.  Even passive income streams are not completely free. That’s why its also important to choose to inject your efforts and resources into the assets that will give you the besets returns.

Set a goal to start creating and stop hesitating. And if you need help stay close there’s lots of free ideas and strategies that I keep sharing and if you want to go deeper reach out and I’ll help you.  Subscribe to my blog and stay tuned as I am going to start sharing the list of passive income possibilities and share with you some easy strategies on how you can get  them started for you.

 

#1passiveincomecoach #Douglasvermeeren #douglasvermeerenmillionaire #cashflow #passiveincome

The Most expensive things in the world…

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A few years ago I was sitting with Frank Maguire, one of the co-founders of FedEx and he asked me a question. His questions was simple, “What is the most expensive thing in the world?” 

The reason this question is important in for entrepreneurs and building wealth is because I have found as important as it is to do the right thing, there are equally dangerous things that you can do that will rob you of becoming wealthy and productivity. Naturally Frank’s question has led to some serious thought over the years. As I have thought about this question I have decided that there is a relatively important list of things that become expensive that most people never think about and that list exposes us to things that cost us money, keep us from making money and most important cost us time. 

I call this list the “most expensive things list”. I invite you to consider the things here and how your current involvement with these things might be costing you money and opportunity.

  1. Excuses – Excuses are essentially lies we tell ourselves to keep us from being accountable. We lie to ourselves to remove responsibility but in the process we also remove our results. Success in creating wealth means that we sometimes have to put ourselves on the line and make things happen even when it requires us to become uncomfortable. The wealthiest people I know find a way while those who are broke stop at finding an excuse.
  1. Bad advice from broke people – It has been said that where you get your advice will determine where you get to wind up in life. The problem that I have observed over the years is that too many people stay broke because they simply get bad advice from other broke people. Sure those people may be trying to help, they almost always have good intentions, but they are just as broke as you are. It’s like a drowning person trying to teach you how to swim. It doesn’t make much sense does it? 
  1. Setting low personal standards – Your standards begin with what you believe you are entitled to and what you’re worthy of. As I have taught wealth strategies around the world it is very common to see people who believe that the most basic wealth strategies are sound and will work – but that they quickly suggest that they will work for other people and not for themselves. It’s almost like they believe that they have some kind of curse that will keep them broke and in poverty. Nothing could be further from the truth. Money itself doesn’t care. If you follow the patterns that create wealth you will become wealthy. There is no luck involved. Raise your standards in terms of what you are willing to do, who you are willing to learn from, what you feel you are worth and how much effort you will put in and you can’t help but see results.
  2. Ego – Most people stay broke because they feel like they already have all the answers. As one of my mentors put it to me when I was a young and smart-alec teenager, “You can be rich or you can be right. You can’t be both.” He then pointed out that if I was determined to hold onto my ego I would get to keep everything that went along with it. That meant everything my ego had created I would get to keep no more. My financial situation was based on my understanding at that point and so if I chose to stay the same my situation would stay the same. Ego is one of the greatest enemies of success.  Choosing to be rich starts with choosing to be teachable.
  1. Procrastination or hesitation – Procrastination is putting on hold something that you know you should do and it has never created wealth or success. If you know what you want you must do it. You must seize opportunities you are seeking. I have seen many many circumstances where deals have gone to the fastest person to say yes. If something is a good deal and a good opportunity chances are very good that others are rushing for the same deal. Don’t miss out because you hesitate. There’s a reason why not everyone is wealthy – and that’s that there are often a scarcity of opportunities.  I also believe the universe is like an echo chamber. If you show up with hesitation everything will show up for you with the same hesitation. If you show up with boldness everything in your life will show up the same way. After having spent time with some of the most wealthy people in the world it has been evident to me that not one of them is a procrastinator. When opportunities show up they move quickly even if they don’t have all the answers.  Another important thought on procrastination. How many wish they would have started buying properties for example when you were in your late teens? So why did you wait? Why are you waiting now?  There is a Chinese proverb that says the best time to plant a tree was 20 years ago and right now. You may not be able to go back in time to plant the tree but if you don’t do something today you are creating exactly the same kind of regret. One of the properties I bought early in life I paid $55,000 for. This was in the mid-1990s. Today that property is worth around $359,000. I also have wishes and my wish is that I would’ve bought more. You are always going to experience this – but getting started today with what you can do today will at least get rid of a few of these big regrets.
  1. Lack of clarity — perhaps this point is linked closely to the concept of avoiding procrastination. When you lack clarity of purpose or an understanding of how your money will be made you can’t become skilled enough to quickly evaluate opportunities. As a result you miss a lot of opportunities which slows down your ability to make progress and build your wealth. Once you identify your strongest opportunities for creating wealth you must learn ahead of time what you need to do to be able to be prepared for those opportunities when they arrive.
  1. Poor influences – You’ve heard it said that your network equals your net worth. This is certainly true. Not only does this reflect in the people you learn from but even more so about the what people around you expect out of life. If you are surrounded by people with low expectations you won’t create much. If you are in a community of people that are striving to create wealth and excited about it you will do the same.  Like attracts like. If you want to be on fire you best be a log in the fire rather than a spark off in the distance alone trying to stay hot. 
  1. Crappy trades/patterns – Wealth is created primarily through the accumulation of good trades. Most obviously when we acquire an asset that generates cashflow or capital gains that’s a good deal. But these trades start at a more basic level than assets. They start even with the trades of how we prioritize our day and utilize our time. When you allow trivial things to take over your day in exchange for powerful things you don’t create powerful things. Make better trades in all areas of your life. And let’s be honest one of the things that people want is wealth for free. You can’t have it for free. You will have to buy something. You can never save your way to wealth. You can only do it through smart purchases. For example, you can’t collect the rent on a property you don’t buy. You can’t get a dividend on an investment you did buy. You must learn to make smart purchases and trades and that is the only option.
  1. Being a solopreneur – Wealth is a team sport. If you try to do it alone relying on just your own knowledge, money, time, opportunities and expertise you will soon find limitations. You only have so much time, energy, know how and money. Think about the most obvious example of real estate. If you want to acquire a property to start producing cashflow with you will be waiting a long time if you try to pay for it by yourself. You will have to save the entire purchase price of the property and closing cost. Certainly the property will be gone by that time. You must learn and use the principle of leverage if you are going to be successful. You can’t win the gain of wealth playing by yourself.
  1. Lack of know how – This means education. You can only earn what you learn. You can’t implement what you don’t understand. No meet how willing you are to succeed you will never create success unless you add to that willingness a correct understanding of what you need to do. Correct actions not dreams create results. 

And lastly as a bonus thought one of the most expensive obstacles to wealth are the stories that people tell themselves that keep them broke. Perhaps this can be an expansion on the first point of excuses. That’s really what stories are. You can’t tell yourself stories about why you aren’t good enough, why something won’t work or why you can’t participate. If you are committed to becoming wealthy you have got to make a clear decision that this is what you will do.

Follow me for more @dougvermeeren or Douglasvermeeren on Instagram.

Selling is a key to wealth

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Sales is one of the most important but dreaded skills you will have to develop if you want to become wealthy.  Sales are the way that all transactions take place. And I’m not just talking about financial transactions. In fact, sales are at the beginning of everything. Before you can receive money from someone you also have to sell them on the idea of what you are doing. That is generally thought of as the beginning… but there is even a series of steps that happens before that.

Before you can sell anyone on a transaction with you or even getting them to buy into your ideas there is one person that needs to be sold first. That person is you. You need to sell yourself every time you feel like staying longer in bed than you need to, every time you feel like you don’t want to get to work, or make those phone calls you know you should or whatever effort is required to stay grinding out your success.

It is not easy. And if you can’t sell yourself on going that little bit extra further you will never have great success convincing others that you are bringing a great opportunity to them. The energy you create in yourself is contagious. If your prospect senses that you are only partial involved and committed to what you are doing they will respond the same way.

So next time you are stalling or procrastinating something you know you should do – sell yourself on the idea and get started.

douglas-vermeeren-600Douglas Vermeeren is the CEO of the Millionaire Training Systems. He teaches wealth strategies and mindset. Unlike most wealth coaches and teachers in the market today Douglas Vermeeren actually makes money in the real world and not just through the sale of seminars or personal improvement products. He is the author of the book Guerrilla Millionaire, Millionaire wisdom and several other books on money strategies that build wealth in today’s marketplace. He is also known for his extensive research into the lives of many of the elite and wealthy of today. http://www.DouglasVermeeren.com

#douglasvermeeren #moneyandabundanceshow #1wealthcoach #millionairetrainingsystems #Thesalestrainer

 

 

 

wealth Secrets that are often forgotten – 5

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Financial freedom is not an experience. it’s an exact number.

Just received a really cool thank you card from one of my students who expressed that learning the principle of what financial freedom really looks like meant to her. I must admit that when I learned this concept, that everyone misunderstands, from one of my mentors it also changed my life. If you’ve been to one of my events where we’ve talked about this principle you get it too. Financial freedom to most people is an emotional experience. In other words: more time off, more time with family, travel, the ability to do what you want, not worry about bills, etc. These are all incorrect definitions. Instead Financial freedom is one exact number. It is specific and clear and as such is attainable and near. When we know specifics we can achieve it. Your financial freedom is the exact amount of money you need to satisfy your obligations every single money. And to be truly free this amount of money needs to arrive passively. Type Amen if you get it. #douglasvermeeren #1wealthcoach #moneyandabundanceshow

douglas-vermeeren-600Douglas Vermeeren is the CEO of the Millionaire Training Systems. He teaches wealth strategies and mindset. Unlike most wealth coaches and teachers in the market today Douglas Vermeeren actually makes money in the real world and not just through the sale of seminars or personal improvement products. He is the author of the book Guerrilla Millionaire, Millionaire wisdom and several other books on money strategies that build wealth in today’s marketplace. He is also known for his extensive research into the lives of many of the elite and wealthy of today. http://www.DouglasVermeeren.com

#douglasvermeeren #moneyandabundanceshow #1wealthcoach #millionairetrainingsystems

 

 

Wealth Secrets that are often forgotten – 4

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One of the biggest things that keeps people broke is inconsistency, hesitation and doubt. This morning I received an email from my assistant about one of my students who has a habit of committing to something and then changing her mind because she feels she always needs more information or isn’t prepared. I worry about her because no matter how often she gains the confidence to move forward she always changes her mind afterwards. Most likely we will stop working with her because I want to have a track record of getting people results. I am more interested in having successful students than an attendee who fills a seat in one of my trainings that someone more committed could have. Outside of my training she will also have a hard time building her wealth in the real world because people will stop working with her. Can you imagine her involvement in a major real estate deal or investment opportunity where she would commit and then keep pulling out. In the real world people don’t want the hassle and she will very quickly be excluded from opportunities. If you want abundance in your life start by making a decisions and stick with it.

douglas-vermeeren-600Douglas Vermeeren is the CEO of the Millionaire Training Systems. He teaches wealth strategies and mindset. Unlike most wealth coaches and teachers in the market today Douglas Vermeeren actually makes money in the real world and not just through the sale of seminars or personal improvement products. He is the author of the book Guerrilla Millionaire, Millionaire wisdom and several other books on money strategies that build wealth in today’s marketplace. He is also known for his extensive research into the lives of many of the elite and wealthy of today. http://www.DouglasVermeeren.com

 

#douglasvermeeren #moneyandabundanceshow #1wealthcoach #millionairetrainingsystems

Wealth secrets that often forgotten – 3

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As I was writing on my newest book this morning on Wealth and Abundance I was thinking about something interesting one of my mentors told me once. I said to him, “I wanna be rich one day.” He said, “Thinking like that you’ll never get there.” I was really surprised I thought what I said was correct. He said, “It’s not committed enough try again.”

I then said, ” I am Going to be rich. And I am willing to do whatever it takes.”
Again he shook his head, “Not committed enough.” Frustrated I said, “Okay what’s better than that.”

He said, “I am rich and this is what I am doing right now.”

It was a profound lesson for me. True story.

#millionairetrainingsystems #Douglasvermeeren #1wealthcoach #moneyandabundanceshow

 

douglas-vermeeren-600Douglas Vermeeren is the CEO of the Millionaire Training Systems. He teaches wealth strategies and mindset. Unlike most wealth coaches and teachers in the market today Douglas Vermeeren actually makes money in the real world and not just through the sale of seminars or personal improvement products. He is the author of the book Guerrilla Millionaire, Millionaire wisdom and several other books on money strategies that build wealth in today’s marketplace. He is also known for his extensive research into the lives of many of the elite and wealthy of today. http://www.DouglasVermeeren.com