3 keys to Succeeding in Your own Business

Have you ever wanted to quit your job?

 

I was talking with Andy Fuehl the other day and he didn’t have a choice.  You see he was making good money working for a company and he was downsized.  So all of the sudden one day, he wakes up with no job and tens of thousands of other people fired at the same time, so looking for a new job would be next to impossible.  So he started up a business instead and did those business succeed?

 

Nope.  Everytime he would start up a business they would within a short period of time fail.

 

Then all of the suddden everything clicked.  He figured it out.  I am about to give you the cliff notes version of what made all of the difference for Andy.  After figuring this out, he became a millionaire in about 6 months. 

 

Here are his 3 keys. Read more

Escaping The Job Trap

What does it mean to have a job? It means being “just-over-broke”. So what are the worst jobs? The jobs that are focused on making your boss richer. And that’s just about every job out there. So what’s the secret to getting rich? Being your own boss.

There are numbers of reasons people continue to stay in jobs that make everyone around them richer. But the successful stop the cycle and create their own opportunities. Fear of failure and lack of confidence can paralyze people from taking the big leap. You don’t have to let these slow you down. Read more

Financial Independence: How to Get Yours

Believe it or not, there are ways to achieve financial freedom even when burdened by debt and constant marketing messages telling us we need more.  With a positive attitude and willingness for creative thinking you can forge your way to financial independence. 

I was thinking about financial independance today.  Financial independance roughly means that you have enough money to where you no longer have to work another day in your life.  Here are some tips I learn from Matthias Schmelz a multi-millionaire I met who was completely financially independent.

• 1.  Starting Now, pay yourself first.  Start saving 20% of your income, reguardless of how much you are able to save, this get you moving in the direction of financial independence. 

 The key:  Have it saved before you even touch it.  If you still have a job, coordinate with your employer or your bank to have the money saved before you even see it.  You can be your own worst enemy so don’t give yourself a chance to be tempted. Read more