Posts Tagged ‘money making ideas’
The 3 Laws of Predictable Millionaire™
Here are the 3 Laws of Predictable Millionaire™ that were extremely clear through my interviews with over 700 Millionaires and Multi-Millionaires. I hope they are encouraging to you.
The 3 Laws of Predictable Millionaire™
Law 1
If others have done it, you can do it too.
Law 2
If you follow HOW others have done it,
you can do it too.
Law 3
If you stay focused and committed to the path others have used, you can do it too.
What is Predictable Millionaire™?
Predictable Millionaire™ is a result of a research project studying more than 700 Millionaires and Multi-Millionaires. In this study specific patterns, strategies and approaches were identified that will increase the likelihood that you can achieve millionaire status. This top rated program for generating predictable wealth using the proven pathways that real millionaires are using today.
INCOME STREAM CHALLENGE now LIVE!
Abundance is everywhere
I once had a mentor point out to me that everyday they are printing money at the mint. We just get to decide by what we do how much of it will wind up in our hands. The problem is most people want abundance and the freedom it brings but they have no idea how money circulates and how they can attract more of it into their lives. The first step to over coming scarcity and lack is to understand that you have the power to shape your circumstance.
There is no lack of resources only a lack of know-how or belief. Here’s the good news, Know-how can be immediately overcome through learning and support from others. Belief however is the big obstacle. If you don’t believe it you won’t even get started.
#1passiveincomecoach #douglasvermeeren #millionairementor #entrepreneur #entrepreneurlifestyle #passiveincomelifestyle #leveragedincome #whattherichdo #lawofattraction #attractmoney #wealth #passiveincomemillionairebook #financialfreedom #freedomlifestyle
Are you making the wrong trade? #1 Passive income Coach Douglas Vermeeren
Income generally requires a trade. You trade your time, effort, freedom and inspiration. In other words when you are working at a job all of those things you trade are owned by your employer. One of the saddest cases of owning inspiration I think, comes from the life of Comic book legend Stan Lee. He created Spider-man, Thor, The Hulk, Fantastic Four and many others yet he owned none of them. He did not receive royalties. Some of the greatest creations that would have neared him millions in passive income yet they belong to an employer because he was involved in this trade. Just this tragic story alone makes me want to have more passive income in my life.
PAssive Income allows you retain your most precious gifts. Again these are : time, effort, freedom and inspiration.
Others must show up at work at a specific time and even when their work is done they have to stay until the clock hits 5 o’clock. That’s no way to live. And when you are sick you actually have to call in to ask someone if its okay for you to take a day. (I’ll give you an interesting insight. I am never sick because I never have to ask for a day. I get everyday and I believe its that lack of stress that keeps me from getting sick. I have never had to ask a boss if I can take some time for a family activity. Or even more fun… I can hop on a plane anytime for any reason and that really makes it easy to take advantage of last minute flight deals.
A passive Income lifestyle gives you back everythign you normally have to trade to meet your financial obligations. You don’t want to be caught int eh rat race. As Robert Kiyosaki says, “Even if you win the rat race — you’re still a rat.” Why would you want this?
Now here’s the kicker. Take another look at the picture with this article. There’s something very interesting about this picture and it’s not completely obvious jsut by looking at it. But its definitely worth pointing out. Are you ready for it?
In this picture I am making money. My version looks a look different than what many of you are currently experiencing. Reach out if you want to get started.
#douglasvermeeren #1passiveincomecoach #passiveincome #cashflow #stanlee #spiderman #hulk #dontgetajob #thor #richdadpoordad #richdad #robertkiyosaki
#1 Passive Income Coach – Passive Income allows you to seek out Adventure.
That was a fun day as I stood for the first time on the Great Wall of China. I never eer thought I would see this place live growing up. It just wasn’t a possibility given the financial circumstances I had come from. We were broke and the closest I ever came to this kind of adventure was borrowing books from teh Public library.
That day however I realized how much Passive Income had changed my life. It literally opened the doors to adventure for me.
Now as I stood on the Great Wall I had another epiphany.
You can see from the picture that The Great Wall goes on for miles and miles, stretching over hills and mountains further than the eye can see. SOme have even said that The Great Wall is the largest manmade object on earth - even visible from outer space.
Here’s the epiphany. As I stood on the Great Wall I looked down a tmy feet and saw that the entire Wall was made up of small bricks. It was then that I realized that the reason why most people never build financial freedom through passive income is that they look for the big payoff. (The Wall) and they neglect how the wall is built. (Small bricks.)
The lesson don’t neglect starting with small passive income streams. Recognize that you will need to build several small streams to create your life of financial freedom.
Passive Income allows you to step out from behind a desk or a job and LIVE! Our planet has so many amazing things to see and do. Most people will never have the chance to explore even a fraction of it.
You don’t want that to be you. Seize the day, embark one the exciting journey which is life! And that opportunity can become your daily life through Passive Income!
#1passiveincomecoach #douglasvermeeren #passiveincome #pasiveincomemillionaire #neverworkagain #passiveincomecashflow
Never trade your most valuable asset for money – #1 Passive Income Coach
All 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
Not All Passive Income is created Equal
When I say that not all Passive Income opportunities are created equal let me explain. First of all, ALL passive income streams have value as long as they are producing cashflow. Cashflow when produced passively is free money. We never want to say no to that. But as you’ve hopefully learned with me by now all passive income streams require some kind of asset to produce the cashflow. Some of those assets have additional benefits. For example, If you have a real estate property that is producing the passive income stream in the form of a renter. You have cash-flow but you also have equity building. That equity is an asset which someone like the bank may look at as security to loan you more money to build more assets. While I make digital courses, ebooks, online funnels etc. They have no equity and therefore cannot be leveraged. All they can do is produce cashflow.
(Now I want to be clear – I am NOT saying don’t build online passive income. In fact, I make a lot of money doing this myself. What I am saying is recognize that different assets have different benefits. I encourage you to diversify in order to expand your empire. If you start online look for ways to expand to assets that will increase your power of leverage.)
Douglas Vermeeren is consider the #1 Passive Income coach today. He appears regularly on FOX, CNN, ABC, NBC and others. He is the author of Passive Income Millionaire and Never Work Again. He conducts seminars and trainings to help people just like you develop passive income streams.
#1passiveincomecoach #douglasvermeeren #passiveincome #passiveincomelifestyle #neverworkagain #passiveincomemillionaire #money #cashflow
The Most expensive things in the world…
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.
- 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.
- 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?
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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
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 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
Douglasvermeeren's Blog 