Thursday, December 22, 2005

Looking for some Love

Well I have spent the last few weeks searching for the tool that I will use to take me to the next level. I call this looking for a new love because in order to be successful I believe you have to love what you are doing. I'm here to report that the sky is the limit on the opportunities that are available. I look at many different programs and one thing that I found in common with all of them is that they all work, just not for everybody. The biggest reason they don't work is because we don't follow the plan we like to try and create something new out of something thats been proven and we just jack it all up.

So the first key I want to give you is do not waste your time or money if your not going to follow the plan. Most people are not wealthy today because they can't follow the game plan. This is the most important thing, this is why most people will quit any business, when you start changing the plan, you lose time and you lose money. The key is to understand that people have spent years putting these plans together, they have spent millions of dollars so that you can make millions of dollars. They have fine tune there machine, so be for real, I know you have the smarts, but they have the wheel, why try to recreate the wheel its already created and it works.

The next key is you have to keep an open mind. Just because you didn't think about it does not mean it don't work. Just because you didn't start it don't mean it don't work. You see an open mind thought that there would be a computer on every desk. You see an open mind thought that men could fly now we have air planes. You see an open mind thought that candles were kind of dangerous now we have light blubs. What does your mind see?

Monday, November 21, 2005

Identify a short term Goal

My Goal is to develop several streams of income, I consider a stream any process that brings in at least $500.00 a month. Why $500.00 because it is realistic for most anybody. Now I know you are wondering how will I get rich on $500 dollars a month? Which in all reality is very hard to do, but If you can create that stream and it doesn't cost you any more work, and it is not a part of your normal everyday budget then $500 can go a long way.

Now my goal is to create at least 8 streams, which would be $4000 dollars a month. Now that is good investment capital. Why not one $4000 stream? The answer is I want $4000 streams, but I want money coming from different sources that way if a stream gets blocked, all is not lost. It's like the old saying "don't keep all your eggs in one basket". Why? Because if you drop that basket you have no eggs. Now 8 streams is just a number I like. Just like $500 is a minimum I like. You can let your imagination run with this one, But what ever you do create as many sources of income as you can.

Thursday, November 17, 2005

Funding my wealth

My first Goal is to find funding. You know it take money to make money. You really have to start somewhere. Looking at my pay stub, I giving F.I.C.A. over $200 a payday. well I look at it like this, I may see social security but I will not include that as part of my plan Because I really don't think that I will benefit from it. It is just like all the other pension plans, It sounds good but it will probably never mature. And Just think if I'm fully vested at 65 I might get a little over $2000.00 a month. " I pay in it all my life to live on $2000 a month". Not Me.

So if they can take that much out of my pay check every month, I 'll Take half of that as my seed money. So I will work with at least 200.00 a month. Now I understand that everyone can't do that, so do what you can. "DO SOMETHING!" Don't get caught in this cruel world without a plan, or two, or three.

My First Step

First I must define what is wealth to me.

It makes no sense to chase a goal that has never been set. You see I learned a long time ago that you are your last goal. That's why it is important to change them and make them every year your goal is your goal, so don't let anyone tell you what you can an can not do.

If you want be as rich a bill gates then that's your goal. Me I want a million dollars that I no longer have to work to sustain. So my one year goal is a million dollars work free. Now I have to ask myself is that a realistic goal? Since I think it is, I will need to break it down into short achievable goals. Then I must put my plan in action.

Saturday, October 29, 2005

The Welcome

Welcome to my blog,
The purpose of this log is to track that steps that I take to become a millionaire over the next three years. Sit back and enjoy the ride. Oh yeah if you are smart you will take the ride with me. The easiest way to become rich is as a team.