CONGRATULATIONS to those who "guessed" correctly on Facebook Last Night you have WON a FREE Catch Fire Book!
We asked if you could guess who the author of our FORWARD was...we gave a couple hints...and these awesome folks either know their Financial Authors well or did a lot of google searching ;-)
Andrea Carbine, Angella Mckinley Trout, Jake Howell, Shelia Smith, Jan Henrikson, Sarah Vondrak, Chad Williams, Patrick Tsang, Veronica Buna, Max Beer, Javid Mursalov, Purdeep Randhawa, Nicholas Cocchiarella, and Brandon Martin!
An Incredible man, with a great story, a lot of expertise and a NY times Best Selling Author of "Killing Sacred Cows"
Garrett B Gunderson
is the Author of our Forward...
Here it is for you to read!
I am sooo reluctant to ever do an endorsement (especially a forward) as it is rare to have people think clearly and have a full premise without contradictions or holes in their philosophy or teachings. It is also essential for me to read anything I support. Well, I am a bit embarrassed that I have kept this book from you due to the delays on my part because I procrastinated, that is until I was inspired by Doug’s story.
See, there are people out there that dream of an easy life, if they could only have financial freedom… on the other hand there are those that realize that freedom allows them to give more and have a greater positive impact in the world. This is what happens when money is put in its proper place, behind purpose. What I mean by the previous statement is money becomes as asset rather than a liability. It is only when money isn’t the primary reason or excuse for people doing or not doing something that real power and freedom can come about. This is who Doug is, what he represents and what he will teach you in this book which is why I am honored to write this forward.
If you wake up worried about money or in a financial prison, chapter 7 will be of huge significance for you. It may be hard to hear, but easier to do something about it and deal with the reality. I love that Doug has nailed it when it comes to what really has to happen to get out of (and stay out of) debt. He talks about the root of debt and unless you know this, debt will always be in your life. You will learn not to borrow to consume, to eliminate all things that move you backwards, and only borrow to invest when you have certainty (otherwise it is gambling). Although I have different strategies around debt and debt management, Doug and I agree that most miss the root of what causes debt and that is why it is never resolved. There are plenty of books merely about sacrificing, saving and deferring your life to the future, but Doug is wise in knowing that it isn’t merely about defense, it is about offense as well.
Doug gives great council of living within your means and the great news about you investing in this book is it gives you an opportunity to catch fire and increase your means. You will learn that it is about the investor not just the investment.
Doug has nailed it when it comes to what you can do about the economy. He will not only illustrate the concept that destroys wealth but he dismantles it. If you are chasing net worth, this will revolutionize your life.
Also, before you put another dollar in a bank or an investment, you have to read about the issues surrounding our banks and banking system. Doug articulates how the major problem of protecting our money with our money, and the concept of imaginary money.
Every single American has to see what is shown when it comes to the amount of tax we pay. See this book won’t skirt the issue to make people feel warm and fuzzy, you will learn some things that are very difficult to see, how banking actually works, what inflation is and the possible ramifications…….good news is you learn about the most important economy for YOU.
So how did we get in this mess? Why are there so many numb people? Why don’t more people get it? The secret is in the following pages. This book isn’t just pointing out the problems either (although it shows you behind the curtain); it has a major focus on what to do. It gives you questions to ask of yourself and gives you ways to apply this to your life and discover what you can do. Hell, the Essential Skills section is worth the investment in this book alone.
Oh yeah, huge bonus for anyone in a relationship, Dino Watt gives you the essentials to give you the real riches in life.
So what I can tell you is that everyone has a Soul Purpose, but not everyone is living it. You have one, will you live yours? Read this book and the odds are now in your favor.
Garrett B Gunderson, New York Times Bestselling Author of Killing Sacred Cows
Wednesday, August 11, 2010
Tuesday, August 10, 2010
Part Three: Working....HARD!
PART THREE of the four part series that is exposing the common obstacles that come up while on the journey to Financial Freedom. Here is a summary if you have not yet read the blog and just joining us. My suggestion, go back a read them, I keep it pretty short and to the point! It’s worth it!
First Obstacle: You will have people try to take your dreams away. People will unfortunately and I think in some misplaced effort to protect you stomp all over your efforts, ideas and try to talk you out of what you are doing.
Second Obstacle: You will make some bad deals, meaning you will loose some money. It is inevitable. Swallow the bitter with the sweet, it is an unavoidable obstacle, but one you always learn A LOT from!
Third Obstacle: I believe that many of us have misconstrued that when we work for Passive, Ongoing or Permanent Income that it should be easy, or easier than what we are currently doing. Let me clear this up…
I worked HARDER for my freedom than I ever did at my traditional business or any job I ever had.
Freedom isn’t free.
Many choose the constant trod of daily prison over a short term “work your ASS off” for a few years to achieve freedom.
I have noticed that over the generations we as North Americans have become lazy. We forget what it took our ancestors to build the foundation of what we have today.
Many of you will have to work for your freedom when you are NOT working your 9 – 5 or your current business…WHICH MEANS that the time you USUALLY took to watch TV, play on the internet, help the kids, or take a nap will now have to be re-prioritized. . Meaning what you now feel is important may need to be moved down the list.
First thing you must do: Create NEW ground rules for the ‘after work’ time. If you have a family; a discussion with them on how things are going to look for the next few years while you work towards goal A, B and C. Be sure to ask them for support with stuff around the house etc...Communication is EVERYTHING!
Freedom will demand that you become more organized, diligent and productive with your time.
“Your Financial Freedom depends on what you do in your SPARE time”
-Dougism
And by “spare time”, we mean ANY time that is not spent putting a roof over your head and food on the table.
Many of you currently watch far too much TV, give it up! Many of you play Farmville on FB, not anymore! Many of you volunteer your time. If your goal is to be able to volunteer ALL your time, you may need to cut back a little now, so you can achieve that dream.
This means you will be working VERY, VERY hard. Most are unwilling to give up their small comforts now to have it all later. Statistics prove that! That is Short Term thinking! In order to acheive Freedom you must thing Long term...(another topic I will cover, it's the one that CHANGED MY LIFE!)
It also means you will have to learn how to do NEW things, make mistakes and be willing to do things you may not entirely enjoy in your "spare time" (this is another topic I will cover in another Blog)
Are you up to it?
The reward is greater than you can even imagine.
First Obstacle: You will have people try to take your dreams away. People will unfortunately and I think in some misplaced effort to protect you stomp all over your efforts, ideas and try to talk you out of what you are doing.
Second Obstacle: You will make some bad deals, meaning you will loose some money. It is inevitable. Swallow the bitter with the sweet, it is an unavoidable obstacle, but one you always learn A LOT from!
Third Obstacle: I believe that many of us have misconstrued that when we work for Passive, Ongoing or Permanent Income that it should be easy, or easier than what we are currently doing. Let me clear this up…
I worked HARDER for my freedom than I ever did at my traditional business or any job I ever had.
Freedom isn’t free.
Many choose the constant trod of daily prison over a short term “work your ASS off” for a few years to achieve freedom.
I have noticed that over the generations we as North Americans have become lazy. We forget what it took our ancestors to build the foundation of what we have today.
Many of you will have to work for your freedom when you are NOT working your 9 – 5 or your current business…WHICH MEANS that the time you USUALLY took to watch TV, play on the internet, help the kids, or take a nap will now have to be re-prioritized. . Meaning what you now feel is important may need to be moved down the list.
First thing you must do: Create NEW ground rules for the ‘after work’ time. If you have a family; a discussion with them on how things are going to look for the next few years while you work towards goal A, B and C. Be sure to ask them for support with stuff around the house etc...Communication is EVERYTHING!
Freedom will demand that you become more organized, diligent and productive with your time.
“Your Financial Freedom depends on what you do in your SPARE time”
-Dougism
And by “spare time”, we mean ANY time that is not spent putting a roof over your head and food on the table.
Many of you currently watch far too much TV, give it up! Many of you play Farmville on FB, not anymore! Many of you volunteer your time. If your goal is to be able to volunteer ALL your time, you may need to cut back a little now, so you can achieve that dream.
This means you will be working VERY, VERY hard. Most are unwilling to give up their small comforts now to have it all later. Statistics prove that! That is Short Term thinking! In order to acheive Freedom you must thing Long term...(another topic I will cover, it's the one that CHANGED MY LIFE!)
It also means you will have to learn how to do NEW things, make mistakes and be willing to do things you may not entirely enjoy in your "spare time" (this is another topic I will cover in another Blog)
Are you up to it?
The reward is greater than you can even imagine.
Monday, August 2, 2010
PART TWO: You win some..you LOSE some...
Again; this series is about making you aware of some of the common obstacles that arise on the journey to financial freedom. Unfortunately ‘warning you’ doesn’t make the journey any easier; however, I have learned that everyone needs to make and overcome their own ‘struggle’.
Obstacles are the best and sometimes only way to grow into the person you need to be in order to have wealth and freedom. So why tell you about them…? I too often see people QUIT in their journey due to obstacles so many others have chosen to overcome. I tell you in hopes that when you come across these obstacles in your own journey you don’t get discouraged and quit, so one day you can look back and go yes, that was necessary for my growth and move on!
So obstacle number TWO: Yes you will loose money on some deals gone bad.
It could be an investment or something that some friend told you about and you got sucked into the excitement of big $$$. Dollar signs in your eyes can cloud your vision and better judgment. Always ask those that are more experienced than you about deals or investments or opportunities that come your way. I did, it helped me evade a few money loosing situations. But not all…
In the beginning of my journey to Financial Independence… in my early twenties… when I was OPEN to any and all opportunities that came my way… I invested in a scam at the time I thought was a great opportunity. I invested $1500 dollars. Not a lot, but it was my savings at the time, all for the promise of four grande coming back. Sound good right!? Nope, I lost it all.
It was discouraging. But I was uneducated and rearing to go. Innocent mistake, but I did not let it stop me. I got EDUCATED. I invested my time and money into really LEARNING the “in’s and out’s” of money & investing so I could make wise decisions. It is imperative to make solid decisions based in FACT not emotion.
I will share our PERSONAL business & investing criteria in an upcoming BLOG...stay tuned for that!
Now when an investment goes south or a deal falls through it is typically 10 – 100x that much, but the ones that DO work out FAR out shadow the losses.
A great real life example of this is the gentleman who is now a Venture Capitalist. He gives money to those he thinks have a great idea that may pan out. MANY of his deals don’t work out…but when they DO….BOY oh BOY, do they ever work out! A few years back some boys came to him with the idea of this thing called GOOGLE, it impressed him. He took a calculated risk, knowing it MAY or MAY NOT work out.
It was his expertise and experience that made him able to become a venture capitalist, it taught him you will win some and lose some, but when you WIN, wow, you will win BIG! GOOGLE is just one of the many examples in his life that more than worked out any losses he has incurred.
I believe that more often than not people experience this particular obstacle in the beginning of their journey. Mainly because there is an excitement and impatience to getting where we want to go and achieve the dreams we hold in our heart. The paradigm shift that occurs when you realize you CAN actually achieve your dreams creates an emotional frenzy! It’s good, except that when
“Emotions go UP….Intelligence goes DOWN”.
That causes a lot of people to take others up on the “magic bullet” or Quick Money” or “Easy money fast” schemes or investments. And ANYONE who has created LASTING freedom for themselves KNOWS that it is a long term plan and sometimes slower than we would like. There is no magic bullet to the Lasting freedom Doug and I teach about.
Many people get sucked into jobs that pay a LARGE commission, I stock this up to the very same principal. Short term gratification may be BIG on big ticket items, but you still don’t have your freedom. There is always the next sale that must be made in order to maintain your lifestyle.
As long as you are diligent, seek counsel from those more experienced and actually listen you can minimize your losses! Never let loosing money scar you, bitter you or victimize you. It’s not the money’s responsibility, it’s YOURS!
Obstacles are the best and sometimes only way to grow into the person you need to be in order to have wealth and freedom. So why tell you about them…? I too often see people QUIT in their journey due to obstacles so many others have chosen to overcome. I tell you in hopes that when you come across these obstacles in your own journey you don’t get discouraged and quit, so one day you can look back and go yes, that was necessary for my growth and move on!
So obstacle number TWO: Yes you will loose money on some deals gone bad.
It could be an investment or something that some friend told you about and you got sucked into the excitement of big $$$. Dollar signs in your eyes can cloud your vision and better judgment. Always ask those that are more experienced than you about deals or investments or opportunities that come your way. I did, it helped me evade a few money loosing situations. But not all…
In the beginning of my journey to Financial Independence… in my early twenties… when I was OPEN to any and all opportunities that came my way… I invested in a scam at the time I thought was a great opportunity. I invested $1500 dollars. Not a lot, but it was my savings at the time, all for the promise of four grande coming back. Sound good right!? Nope, I lost it all.
It was discouraging. But I was uneducated and rearing to go. Innocent mistake, but I did not let it stop me. I got EDUCATED. I invested my time and money into really LEARNING the “in’s and out’s” of money & investing so I could make wise decisions. It is imperative to make solid decisions based in FACT not emotion.
I will share our PERSONAL business & investing criteria in an upcoming BLOG...stay tuned for that!
Now when an investment goes south or a deal falls through it is typically 10 – 100x that much, but the ones that DO work out FAR out shadow the losses.
A great real life example of this is the gentleman who is now a Venture Capitalist. He gives money to those he thinks have a great idea that may pan out. MANY of his deals don’t work out…but when they DO….BOY oh BOY, do they ever work out! A few years back some boys came to him with the idea of this thing called GOOGLE, it impressed him. He took a calculated risk, knowing it MAY or MAY NOT work out.
It was his expertise and experience that made him able to become a venture capitalist, it taught him you will win some and lose some, but when you WIN, wow, you will win BIG! GOOGLE is just one of the many examples in his life that more than worked out any losses he has incurred.
I believe that more often than not people experience this particular obstacle in the beginning of their journey. Mainly because there is an excitement and impatience to getting where we want to go and achieve the dreams we hold in our heart. The paradigm shift that occurs when you realize you CAN actually achieve your dreams creates an emotional frenzy! It’s good, except that when
“Emotions go UP….Intelligence goes DOWN”.
That causes a lot of people to take others up on the “magic bullet” or Quick Money” or “Easy money fast” schemes or investments. And ANYONE who has created LASTING freedom for themselves KNOWS that it is a long term plan and sometimes slower than we would like. There is no magic bullet to the Lasting freedom Doug and I teach about.
Many people get sucked into jobs that pay a LARGE commission, I stock this up to the very same principal. Short term gratification may be BIG on big ticket items, but you still don’t have your freedom. There is always the next sale that must be made in order to maintain your lifestyle.
As long as you are diligent, seek counsel from those more experienced and actually listen you can minimize your losses! Never let loosing money scar you, bitter you or victimize you. It’s not the money’s responsibility, it’s YOURS!
Tuesday, July 27, 2010
A message of Truth!
I am not a big fan of the "community" of Hollywood. Frankly I think the VAST majority of the "Stars" have a negative effect on the trends of our Nation. Body Image, lifestyle choices such as drugs and drinking, etc... Many of them are childlike and have no sense of their responsibility.
ONE STAR however doesn't fit this bill. He is different, you see it in his movies and the message he shares in each interview. And he is one star I would like to meet one day!
The message in this video is what the Team at Catch Fire University attempt to package up everyday.
We wish is was a simple to feed you this pill and you would instantly have the PASSION, COMMITMENT, COURAGE, FOCUS and willingness to MASTER yourselves, your dreams and your life so you could be UNREALISTIC too!
Take the time to WATCH AND LISTEN to this VIDEO...it's WORTH it, so MANY nuggets in here. A message of Gratitude to "themindguru" who put this clip together:
WILL SMITH WISDOM
ONE STAR however doesn't fit this bill. He is different, you see it in his movies and the message he shares in each interview. And he is one star I would like to meet one day!
The message in this video is what the Team at Catch Fire University attempt to package up everyday.
We wish is was a simple to feed you this pill and you would instantly have the PASSION, COMMITMENT, COURAGE, FOCUS and willingness to MASTER yourselves, your dreams and your life so you could be UNREALISTIC too!
Take the time to WATCH AND LISTEN to this VIDEO...it's WORTH it, so MANY nuggets in here. A message of Gratitude to "themindguru" who put this clip together:
WILL SMITH WISDOM
Monday, July 26, 2010
FOUR PART SERIES: Part 1 - you will encounter critics
I think many people have a misconception that when they actually begin on the road to financial freedom that it will be paved with roses, daisy’s and rows of personal cheerleaders. I know I had that idea when I first started to do things differently. It seems every seminar, book etc…outlines what I was to do and who to be to become free, happy and wealthy but almost none outlined or prepared me for the obstacles I had to overcome.
This blog post will be the first in a Series of FOUR outlining common obstacles you can expect and be mentally prepared for as you work towards your Financial Freedom! Even if you read this four part series you will not be exempt from having to overcome these, it just means you will know they are coming and hopefully they won’t slow you down as much!!
The Beginning!
See if this sounds familiar; when the concept of being a millionaire and being free to do what I wanted when I wanted FIRST entered my mind as a remote possibility for my life I was so excited I was bursting at the seams! I didn’t know HOW I was going to do it, but I just knew I was going to make it happen. I was 19 at the time, but I had just put myself on the road of good things to happen, I could feel it! I was so thrilled with my new plans that I was telling EVERYONE!
# 1 OBSTACLE: People will ‘poo poo’ your dreams
Back to the new utopia that had just been planted as a budding seed in my mind. When I was prancing home on my cloud 9, I stopped into my place of work and told my boss my new plans and he right away stomped all over my precious new dreams. I was stunned for a moment that he was not on the same page as me being as he owned his own business and was striving for the wealth I spoke of, but nonetheless I moved on.
I remember my brother telling me once; “why don’t you get a real job, or go back to school”.
Again great advice if you want to be normal, but counter intuitive to the success I wanted to create.
Most people in my life did not understand my goals or dreams and as for REAL genuine support I had to find that elsewhere. It seems odd that is how it is, but I rarely ever come across people who have unconditional, cheerleader support from their closest family and friends. You are truly blessed if that is what you have! If you don’t, finding that elsewhere is what you MUST do!
Critics don’t just show up at the beginning of your journey, they will pop up, and probably when you are most vulnerable.
Here is the good news...if you DON'T have any critics, it's because you are NOT DOING ANYTHING!! Critics show up when you move outside of your and their comfort zone. Leaders will ALWAYS have the MOST critics, it is a sign you are on the RIGHT path!!
Stay strong, ask for support and forge ahead!
The idea of true wealth and freedom had been planted in my mind and was taking root, I was on my journey. I was open and willing to do what was necessary to get there…maybe a little too open…uh oh…next obstacle…coming soon…
This blog post will be the first in a Series of FOUR outlining common obstacles you can expect and be mentally prepared for as you work towards your Financial Freedom! Even if you read this four part series you will not be exempt from having to overcome these, it just means you will know they are coming and hopefully they won’t slow you down as much!!
The Beginning!
See if this sounds familiar; when the concept of being a millionaire and being free to do what I wanted when I wanted FIRST entered my mind as a remote possibility for my life I was so excited I was bursting at the seams! I didn’t know HOW I was going to do it, but I just knew I was going to make it happen. I was 19 at the time, but I had just put myself on the road of good things to happen, I could feel it! I was so thrilled with my new plans that I was telling EVERYONE!
# 1 OBSTACLE: People will ‘poo poo’ your dreams
Back to the new utopia that had just been planted as a budding seed in my mind. When I was prancing home on my cloud 9, I stopped into my place of work and told my boss my new plans and he right away stomped all over my precious new dreams. I was stunned for a moment that he was not on the same page as me being as he owned his own business and was striving for the wealth I spoke of, but nonetheless I moved on.
I remember my brother telling me once; “why don’t you get a real job, or go back to school”.
Again great advice if you want to be normal, but counter intuitive to the success I wanted to create.
Most people in my life did not understand my goals or dreams and as for REAL genuine support I had to find that elsewhere. It seems odd that is how it is, but I rarely ever come across people who have unconditional, cheerleader support from their closest family and friends. You are truly blessed if that is what you have! If you don’t, finding that elsewhere is what you MUST do!
Critics don’t just show up at the beginning of your journey, they will pop up, and probably when you are most vulnerable.
Here is the good news...if you DON'T have any critics, it's because you are NOT DOING ANYTHING!! Critics show up when you move outside of your and their comfort zone. Leaders will ALWAYS have the MOST critics, it is a sign you are on the RIGHT path!!
Stay strong, ask for support and forge ahead!
The idea of true wealth and freedom had been planted in my mind and was taking root, I was on my journey. I was open and willing to do what was necessary to get there…maybe a little too open…uh oh…next obstacle…coming soon…
Monday, July 19, 2010
THERE WILL BE A REVOLUTION!!
How many of you grew up using computers or mobile devices?
I know I sure didn’t! I purchased my first computer as a young adult. It was like learning another language and like a language it is FAR easier to learn when you are a child and far more difficult as an adult.
There are several generations now that HAVE and ARE growing up with the Internet, Computers and MD’s. This is extremely important to your wealth & freedom that you take serious notice of this…do you know why?
Computers and the Internet are BY FAR the LARGEST and most POWERFUL revolution to hit planet earth! They have changed the way we LIVE, SOCIALIZE, COMMUNICATE AND DO BUSINESS. If you look back at history there has not been any other revolution that has changed the PLANET. There are nearly 7 BILLION people on this earth; 6 BILLION of those have access to the Internet!
Are you beginning to catch on?
One of the only ways to create TRUE FINANCIAL FREEDOM is through a systemized BUSINESS! And one of the only ways TODAY to make ten’s, 100’s of thousands to Millions today in Passive Business Income is on the INTERNET!!!
Do you realize the importance of this moment in time? UNDERSTAND THIS; and you can quote me on it:
“The INTERNET revolution has not even BEGUN yet!”
When the children of the last three generations grow up and become buyers and a consumer force THAT is when the Internet Revolution will truly begin. This is not too far off folks. That first generation is graduating from college as we speak.
You are in a window of time that is only a few years short to set yourself up for a life of luxury. In this time I highly suggest setting up an internet business and system that pays you whether you get out of bed, go on vacation or heaven forbid tragedy strikes.
Many of you have a fancy Internet Billboard or brochure but it is not monetized. It is CRUCIAL you do that if you ever want to experience a life of freedom.
Here is a checklist of what to do:
1. Register a Business (LLC or Corp)
2. Get a Merchant Account
3. Decide what your business/services/products will be
4. Create or hire someone to implement a MARKETING Plan
5. Build a site/online store
6. Partner with Affiliates to create leverage!
7. Enjoy the hour a day work week while the money comes in.
There are also online sites you can invest in to make this process easier. Just be sure to do our DUE DILLIGENCE, don’t just invest in the first online business you hear about! Find the BEST! It will be worth your time to research!
Yes this will take time and money (aka Investment)! Hello what doesn’t??? What will cost you WAY more is to sit on your RUMP and do nothing!
This is how Doug and I have created not just Freddom, but WEALTH!
You are at a moment of choice RIGHT NOW! In 5 years you will either have gotten incredibly RICH off the Internet and continue to get richer, because here is what you don’t know…ONCE you do it the FIRST time, it is EASY to duplicate and do it again and again and again!
In 5 years you will either be explaining to OTHERS how you succeeded utilizing the internet revolution or explaining WHY you haven’t! It’s up to you.
Don’t fool yourself, this is not just a trend, it is a revolution! Just like the Industrial Revolution forever changed the face of North America, this has too, but this time it is the WORLD!
It has already begun…are you onboard?!
I know I sure didn’t! I purchased my first computer as a young adult. It was like learning another language and like a language it is FAR easier to learn when you are a child and far more difficult as an adult.
There are several generations now that HAVE and ARE growing up with the Internet, Computers and MD’s. This is extremely important to your wealth & freedom that you take serious notice of this…do you know why?
Computers and the Internet are BY FAR the LARGEST and most POWERFUL revolution to hit planet earth! They have changed the way we LIVE, SOCIALIZE, COMMUNICATE AND DO BUSINESS. If you look back at history there has not been any other revolution that has changed the PLANET. There are nearly 7 BILLION people on this earth; 6 BILLION of those have access to the Internet!
Are you beginning to catch on?
One of the only ways to create TRUE FINANCIAL FREEDOM is through a systemized BUSINESS! And one of the only ways TODAY to make ten’s, 100’s of thousands to Millions today in Passive Business Income is on the INTERNET!!!
Do you realize the importance of this moment in time? UNDERSTAND THIS; and you can quote me on it:
“The INTERNET revolution has not even BEGUN yet!”
When the children of the last three generations grow up and become buyers and a consumer force THAT is when the Internet Revolution will truly begin. This is not too far off folks. That first generation is graduating from college as we speak.
You are in a window of time that is only a few years short to set yourself up for a life of luxury. In this time I highly suggest setting up an internet business and system that pays you whether you get out of bed, go on vacation or heaven forbid tragedy strikes.
Many of you have a fancy Internet Billboard or brochure but it is not monetized. It is CRUCIAL you do that if you ever want to experience a life of freedom.
Here is a checklist of what to do:
1. Register a Business (LLC or Corp)
2. Get a Merchant Account
3. Decide what your business/services/products will be
4. Create or hire someone to implement a MARKETING Plan
5. Build a site/online store
6. Partner with Affiliates to create leverage!
7. Enjoy the hour a day work week while the money comes in.
There are also online sites you can invest in to make this process easier. Just be sure to do our DUE DILLIGENCE, don’t just invest in the first online business you hear about! Find the BEST! It will be worth your time to research!
Yes this will take time and money (aka Investment)! Hello what doesn’t??? What will cost you WAY more is to sit on your RUMP and do nothing!
This is how Doug and I have created not just Freddom, but WEALTH!
You are at a moment of choice RIGHT NOW! In 5 years you will either have gotten incredibly RICH off the Internet and continue to get richer, because here is what you don’t know…ONCE you do it the FIRST time, it is EASY to duplicate and do it again and again and again!
In 5 years you will either be explaining to OTHERS how you succeeded utilizing the internet revolution or explaining WHY you haven’t! It’s up to you.
Don’t fool yourself, this is not just a trend, it is a revolution! Just like the Industrial Revolution forever changed the face of North America, this has too, but this time it is the WORLD!
It has already begun…are you onboard?!
Thursday, July 1, 2010
Financial Freedom Number Crunching
Hello avid learners!
Some SHOCKING numbers for you in today’s Blog. Let’s get RIGHT to it, there is literally NO time to waste!
Take your current AGE multiply it by 10,000.
That is what you would need in the BANK or INVESTMENTS TODAY in order to be ON TRACK for an approximate $40,000 a year retirement income. (Investment ROI is approx 5%)
EXAMPLE: Let’s say your 42.
42 multiplied by 10,000 is $420,000.
This # is what is needed in the bank or investments at this moment.
We have a more detailed Retirement Calculator on the home page of our brand new www.catchfireuniversity.com website.
Go check it out right now, this is important! I’ll wait....
If these calculations are not a wake up call I am not sure what is.
One of the BIGGEST obstacles people have when it comes to achieving financial freedom, independence or even just security is their budget, or more LACK of a budget.
We live in an “instant gratification” society. If we want it and cannot actually afford it, we can FINANCE it and pay 2- 5x the amount for it in interest payments! When you read it like that, it sounds crazy, but “they” have advertised it like it is a good, normal and safe thing to do. But it is NOT!!!
Taking on DEBT by financing furniture, appliances, home reno’s, electronics etc… is GAMBLING! Yes, gambling. You are BETTING that you will MAKE more MONEY in the future than you do NOW. Add up all the interest that you pay on these items and you will HAVE to or you will be up “S*&% creek without a paddle”.
The problem lies in the FACT that due to inflation and other elements MOST people will NOT make more than they currently do in the future, they will actually make LESS.
The KEY to true Freedom is TWO FOLD and if you ACTUALLY apply these two principals, it will CHANGE your life.
1. Live below your means (not above it like you are now) This will REQUIRE you to let go of your IMAGE and your ego that is attached to it. For many it will require getting out of debt by budgeting. Those of you not in debt will have a much easier time of this. In our ‘Catch Fire’ book we give you assignments to help you budget properly. In the Catch Fire University you will have access to our own SOFTWARE called the “DEBT-INATOR” to assist you in eliminating the biggest enemy to your freedom; your DEBT.
2. Increase Income (preferably passive income) This can be done through business and investing. Doug and I prefer to do this through Business. We feel it is a more stable, reliable way of creating wealth. Again we go into more detail about this in both our book and University
Doing these two things over a period of time will INEVITABLY create Financial Freedom.
When I was first working towards my FF, I was in my early twenties, on the verge of bankruptcy, so I had to make some humbling changes. I got rid of my apartment downtown and moved in with some very supportive family...
VITALLY IMPORTANT TIP:
The place you can cut the most FAT from the PIG (your budget) that will have the largest impact is to downsize your biggest bill; your mortgage! Most people are unwilling to do this due to their attachment to their image.
...During the time I was living with family I had a much reduced overhead aloowing me to pay off more debt more quickly. I also worked hard to make more income, the passive kind. This short term sacrifice was essential to me getting out of debt and achieving my first level of freedom. Without doing this I would have had to claim bankruptcy and destroy my credit rating. A choice I was unwilling to make. Now I live a drastically different life. I can live wherever I want, travel when I want and buy what I want without having to worry.
The process of living below your means when you are SOOOO accustom to the freedom stealing Instant Gratification habits will be uncomfortable to say the least. Here is the good news; it is a short term sacrifice. You give up some stuff NOW to have it ALL later. This is called LONG TERM thinking. And if you begin to think this way I promise it will change your life, it did mine!
Some SHOCKING numbers for you in today’s Blog. Let’s get RIGHT to it, there is literally NO time to waste!
Take your current AGE multiply it by 10,000.
That is what you would need in the BANK or INVESTMENTS TODAY in order to be ON TRACK for an approximate $40,000 a year retirement income. (Investment ROI is approx 5%)
EXAMPLE: Let’s say your 42.
42 multiplied by 10,000 is $420,000.
This # is what is needed in the bank or investments at this moment.
We have a more detailed Retirement Calculator on the home page of our brand new www.catchfireuniversity.com website.
Go check it out right now, this is important! I’ll wait....
If these calculations are not a wake up call I am not sure what is.
One of the BIGGEST obstacles people have when it comes to achieving financial freedom, independence or even just security is their budget, or more LACK of a budget.
We live in an “instant gratification” society. If we want it and cannot actually afford it, we can FINANCE it and pay 2- 5x the amount for it in interest payments! When you read it like that, it sounds crazy, but “they” have advertised it like it is a good, normal and safe thing to do. But it is NOT!!!
Taking on DEBT by financing furniture, appliances, home reno’s, electronics etc… is GAMBLING! Yes, gambling. You are BETTING that you will MAKE more MONEY in the future than you do NOW. Add up all the interest that you pay on these items and you will HAVE to or you will be up “S*&% creek without a paddle”.
The problem lies in the FACT that due to inflation and other elements MOST people will NOT make more than they currently do in the future, they will actually make LESS.
The KEY to true Freedom is TWO FOLD and if you ACTUALLY apply these two principals, it will CHANGE your life.
1. Live below your means (not above it like you are now) This will REQUIRE you to let go of your IMAGE and your ego that is attached to it. For many it will require getting out of debt by budgeting. Those of you not in debt will have a much easier time of this. In our ‘Catch Fire’ book we give you assignments to help you budget properly. In the Catch Fire University you will have access to our own SOFTWARE called the “DEBT-INATOR” to assist you in eliminating the biggest enemy to your freedom; your DEBT.
2. Increase Income (preferably passive income) This can be done through business and investing. Doug and I prefer to do this through Business. We feel it is a more stable, reliable way of creating wealth. Again we go into more detail about this in both our book and University
Doing these two things over a period of time will INEVITABLY create Financial Freedom.
When I was first working towards my FF, I was in my early twenties, on the verge of bankruptcy, so I had to make some humbling changes. I got rid of my apartment downtown and moved in with some very supportive family...
VITALLY IMPORTANT TIP:
The place you can cut the most FAT from the PIG (your budget) that will have the largest impact is to downsize your biggest bill; your mortgage! Most people are unwilling to do this due to their attachment to their image.
...During the time I was living with family I had a much reduced overhead aloowing me to pay off more debt more quickly. I also worked hard to make more income, the passive kind. This short term sacrifice was essential to me getting out of debt and achieving my first level of freedom. Without doing this I would have had to claim bankruptcy and destroy my credit rating. A choice I was unwilling to make. Now I live a drastically different life. I can live wherever I want, travel when I want and buy what I want without having to worry.
The process of living below your means when you are SOOOO accustom to the freedom stealing Instant Gratification habits will be uncomfortable to say the least. Here is the good news; it is a short term sacrifice. You give up some stuff NOW to have it ALL later. This is called LONG TERM thinking. And if you begin to think this way I promise it will change your life, it did mine!
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