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A neglected conversation in passive income – By Douglas Vermeeren, The worlds #1 Passive Income Coach

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Douglas Vermeeren #1 Passive Income coach 6

The conversation that most people are having around passive income is always around how to make more money. While this is an important conversation it is missing a very essential component if you want to become wealthy. (it also lets you know clearly who understands wealth from Passive Income and who does not.)

A Passive Income Lifestyle and wealth through passive income must include more than an understanding of creating income streams, it must also include a conversation around how to preserve and protect the income generated through passive income streams.

NO, I’m not just talking about a boring conversation around tax strategies and financial planning. Protecting assets and money generated through passive income is generally more complex (and important) than what can be done around regular income streams. Often times passive income comes from untraditional or unconventional methods and that means you need to have specific and appropriate ways to protect it.

You will need to find an accountant who is well versed in how technology of today generates money, the expenses associated with the use of this technology and also an understanding that you may no longer be based in the country where you have paid taxes in the past. This is certainly true if you are a bit like me where you spend the bulk of your time abroad. In fact, you should have seen may tax returns for the years that I was abroad in Asia. As a non-resident in the country of my passport I paid very little in taxes. Obviously with more and more people gravitating towards a passive income lifestyle that includes travel and living abroad these are certainly considerations you need to be aware of.

As for marketing and technology it’s important for your preservation support team (account, bookkeeper etc.) to understand that marketing is the lifeblood of online passive income. Without it you cannot thrive. But they also need to understand the experimental nature of some of the campaigns. Not only can you discover tax deductions as a marketing expense but these can also receive benefits as R & D (Research and development) for you company. Just a consideration for you to be aware of.

And certainly the systems you need to create to support delivery of online products or digital delivery are often overlooked. These are components that traditional businesses often received benefits and deductions to create in the real world but are often overlooked online.

As the rest of the world catches up to the online world there will yet be many interesting changes and considerations given. Be sure that those you select to help you are aware and can support you in preserving your assets and capital.

Stick close as we explore some of these ways in the future.

#1Passiveincomecoach #douglasvermeeren #passiveincome #passiveincomemillionaire #passiveincomemillionairebook #dougvermeeren #passwiveincomegoldmine #Massivepassiveincome

Why do most entrepreneurs fail? Personal Power Mastery minute – Douglas Vermeeren

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Most people can come up with great ideas and are extremely creative. I am one of those people and I see others like me everywhere I go. Until I learned that the rewards are in being bold, taking action and then finishing the job (or hiring others to help you finish the job) you will never create massive success. What can you do today to start, keep going and finish at a level of competence? That’s where the real rewards are!!! #personalpowermastery #douglasvermeeren #ppmDouglas Vermeeren Personal Power Mastery 177

Teaching about money in schools

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College-Tuition

Recently a friend of mine posted a new article on Facebook about how in his area the school system has decided to start teaching about money in the local high school. I think this is a great start as most schools don’t educate students about what ends up being one of the most important life skills that they will ever gain.

My challenge is that whenever these money courses are offer they are general taught by financial institutions or people within that system. Those advisors are trained to invite you to save, invest in specific investment instruments and follow their prescribed pattern. Most of the time people who follow this route maintain an average yet secure income.

That is one route to understanding money.

Why I want to know is why don’t they ever invite the entrepreneur mindset to come in to talk about money. This group far surpasses the institutional people in terms of personal worth and and creativity. They also see money in far different ways that the ‘save and sit on it’ crowd.

If you really want to understand the economics of society you need to invite those who are conducting transactions into the conversation. Just sayin’

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

 

Written by douglasvermeeren

May 1, 2017 at 10:23 pm

Posted in #1 wealth coach, cash, Doug Vermeeren, douglas John Vermeeren, douglas Vermeeren, douglas vermeeren, douglas vermeeren asc, Douglas Vermeeren calgary herald, make more money today, making more money, millionaire maker, Millionaire Mastermind, Millionaire Money Masterminds, Millionaire systems, millionaire Training systems, money, money magazine, Uncategorized

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10 lessons from Warren Buffet on success

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Tuesday, October 15, 2013
Fortune The Most Powerful Women
Washington, D.C., USA

9:00 AM SOLUTIONS DESK OPENS

Photograph by Stuart Isett/Fortune Most Powerful Women

10 Lessons from Warren Buffet on success:
1. Find your passion
2.Hire well
3.Don’t worry about what others think
4.Read Read Read!
5.Have a margin of safety
6.Have a competitive advantage
7.Build your schedule to suit your personality
8.Always find a way to be more competitive
9.Model success
10.Show unconditional love

Taken from various media interviews, articles and books with Warren Buffet.

#Warrenbuffet #MillionaireTrainingSystems #Douglasvermeeren #MillionaireBlueprint #7stepstoproserity #1wealthcoach #Moneymindsetmagazine

 

Douglas 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

Written by douglasvermeeren

April 29, 2017 at 10:16 pm

Posted in #1 wealth coach, Doug Vermeeren, douglas John Vermeeren, douglas Vermeeren, douglas vermeeren, douglas vermeeren asc, Douglas Vermeeren calgary herald, making more money, millionaire maker, Millionaire Mastermind, Millionaire Money Masterminds, Millionaire systems, millionaire Training systems, money, money magazine, self made millionaires for dummies, The Millionaire Mentor, wealth coach, Wealth growth

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Yahoo News is weird – Get this headline: Should Wonder Woman have armpit hair?

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By Doug V

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Just for those of you who don’t believe me here’s the article:

https://uk.yahoo.com/movies/should-wonder-woman-have-hairy-armpits-plenty-reckon-so-122753127.html

I don’t get it. It’s not like she’s french.

I think it would be interesting to have a vote. Of course we all already know the answer – no one wants to see Wonder Woman with armpit hair. Thats crazy!

The fact that this is even a question explains why Marvel is making movies that people love while DC keeps missing the mark every time. If they are challenged on such a simple issue of whether Wonder Woman should have armpit hair or not maybe they shouldn’t be making movies. (That must have been a strange and expensive artistic meeting to be a part of.)

The strangest thing is that there are actually nerds online and in this article debating the issue.  first of all are nerds the right people to ask for advice about women. (Very unlikely)

So this is their argument, (This is my paraphrase.)”She lives in a forest and she should have furry pits. And besides she lives with a bunch of chicks so she’s not trying to impress anyone.  Again shows how much nerds don’t know about chicks.

Girls are always in competition with each other. Have you ever seen the looks that two women give each other if they wear the same dress to a party. They won’t even go in the same room with each other. One of them is in the hallway crying and wailing, ‘I’m not going in there. She’s got the exact same dress as me.” While the other one is gripping to her friends how she “hates that bitch” and they are planning how they are going to make her disappear.

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My vote keep superheroes pit hair free.

P.S. – I’m gals this wasn’t an issue with Lynda Carter. She’s was smokin’

th-1

 

 

Stupid Motivational quotes #1

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Obstacles are things people see when they take their eyes off the goal.

unspecified-copyHave you ever tried that in traffic? Doesn’t work for others cars, stop signs or pedestrians.

The Purpose of your speaking business is positioning

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The Speaking Business Multiplier 1.jpgOne of the most important thing that is often forgotten about speaking is that it is really an exercise in positioning. As a speaker you have the ability, if you do it correctly, to position yourself as an authority, expert and trusted adviser to the audiences you address. Most speakers forget the importance of position and that is why most speakers are quickly forgotten soon after the events they speak at.

Position yourself as an expert begins with becoming a master of your subject. Many speakers ask me how do I know which aspect of my subject should I study? There can be so many things to learn about a subject how can you determine what should be included in your content or not? The answer is very simple. What are the problems that your audience is trying to solve. Once you discover the significant problem they are struggling with you can then structure your learning and presentations to seek out and share those solutions. Or naturally as you become highly versed in that area of your expertise you can create solutions that have never been available until you.

Positioning is power. Yet again, most speakers do not consider their speaking assignment very impactful. Each opportunity to share your perspective and voice is an opportunity for positioning. Too many speakers play it safe and keep their opinions to themselves. They avoid controversy. They avoid sharing ideas that rock the boat. They present in ways they have seen others present a million times and avoid taking risks, being creative and offering a change to the status quo. I challenge you to use all of these elements in your positioning.

Expert position is really about standing out and being recognized as unique and different. Unique and different never happens by accident. You must strategically decide who you want to be and what position you want to own. When you know this you can begin to shape your presentations to leave that impression.

decide today who you will be and what you want to be known for. then get busy and start creating it. It’s that simple.