♫ March 19th, 2012 11:22 am
The “average” and unsuccessful investor knows very litte about running a business, and thus they invest as an individual. In fact, early in my career, I was stupid and I invested as an individual and it took the abominations of a under-performing business partner for me to realize how dangerous investing personally in things can be. Do not wait for life to teach you this painful lesson. Decide today that you will only invest as a business in the future starting now.
Your rule should be this: Only my businesses will buy my investments, period. No exceptions. Hence forth, I will never invest personally in anything. Most people are building huge levels of wealth for many reasons, but one of the main reasons is that they invest as individuals, not as businesses.
The reason that we will live in a time where we have numerous billionaires under the age of 30 is because these people had the forsight to build businesses that millions of other people wanted to invest in. When was the last time you heard a billionaire the question of how they built their wealth by saying, “Well Bob, you see the key to my billion dollar success was the plan that my financial advisor gave me. You see, by investing $150.00 per month in my incredibly diversified mutual fund I might ridiculous amounts of money. Sure, I know that there are millions of other people buying that exact same stock portfolio as me, but I got crazy lucky do the brilliance of my individual financial planner. You know Bob, I believe that 50% of Americans will soon become billionaires too if they juts invest $150.00 per month in their IRA!”
My friends, as a business coach and business trainer I am blessed with an opportunity to travel around the country and to talk to thousands of people per year. At nearly every entrepreneurship event I go to I hear someone say, “Hey, I have this great idea for this sensation product that will MAKE ME MILLIONS!” And the sad reality is that nearly every one of these “GREAT IDEAS” will never mature into anything beyond the initial sketches and ramblings of a person who experienced momentary euphoric optimism at the mere thought of their million dollar idea. That does not have to be you.
Tags: Billionaires, Investing, Wealthy
♫ Posted in Real Estate Investing | No Comments »
♫ February 7th, 2012 12:33 pm
When you decide to sell your home you need to know what the proper steps are to ensure that the home actually sells and does so at a price that is reasonable. One of the main things that needs to be done is the buyer needs to actually have an interest in the home which is obtained from writing an ad that appeals to potential buyers. You need to know what the buyers are looking for in an ad to grab their appeal.
Don’t reveal everything
Your ad is going to be written to draw interest to the property. The initial interest is only the first step. This means that you shouldn’t write every single detail about the property down. Some things like repairs being needed are better left unsaid for example. You want to draw in the initial interest and then let the buyer choose to expand on it. You then get the opportunity to sell the home further once contact has been initiated between the two of you.
Reveal the necessary information
Although you don’t want to give out every last detail of the home you want to include enough information that makes them consider your home. The selling price is a definite requirement since it determines what people can or cannot afford. There is no use drawing in someone who can only afford $100,000 if your home is $250,000 for example. Location is also something that usually isn’t negotiable so you should definitely list it in the ad and list it near the beginning. These two key factors are the largest determinations of whether a buyer is going to follow up with additional interest.
The description of the house is what should be followed up after the original price and location. The extra details give the push for you to grab the interested buyer and turn them into someone who takes the initiative to contact you for more information. These details should definitely include the number of bedrooms that are available along with the extra amenities that the home includes. Some of the drawing factors include having a yard which is large enough for children to play in, a garage for storage or working on vehicles, or the fact that it is on a street which has only a little traffic. The renovations which you have recently done to the home should also be included since it shows buyers it is one less thing they will have to do for the home after they bought it.
Tags: Home, Property Listing, Property Listing Ad
♫ Posted in Property Listing | No Comments »