Creating Wealth Begins with Action... Effective Marketing 101

Wow!!! Financial freedom is a wonderful thing. This past week I conducted a teliseminar for hundreds people that are home business entrepreneurs, online marketers, and business owners. Our topic was Effective Marketing 101 and we discussed using blogs to generate traffic to your website.

I interviewed expert online marketer Greg Nicholls on the top ten things you MUST do with your blog to make it an effective tool in your online marketing arsenal. It was a powerful phone call people absolutely raved about.

The point I really wanted to make though is that taking ACTION is perhaps the single most powerful way to draw things to you that you want in your life. I had been contemplating doing a training call of this nature to assist the people in my business to market more effectively for free online. Well, Greg and I decided to simply take the action this week and pull the trigger on this.

The response was overwhelming. In two days we put together a rocking teleseminar that was attended by online marketers, entrepreneurs, business owners and home business people. These are people looking to create wealth online or join the millionaire club in 2007. You can find out more by visiting my site at http://www.yournewlegacy.com

Living Life Powerfully and Living a Life You Love - Millionaire Mindset

I'm overwhelmed with Gratitude this morning. I just wrapped up our most recent liberty conference where I had the privilege of masterminding with many other self-made millionaires associated with our home business opportunity. The Secret is sweeping the globe and changing lives. I am at the forefront of a business that utilizes those principles to empower people to make a multiple six figure income and work from home. I'm able to give a gift that enables people to reconnect with their families and reacquaint them with their own humanity.

The personal development marketplace is thriving. People are seeking to grow, to achieve, to live. The stories of constant death and destruction are making their own personal mortality even more apparent. Last year people spent more than $8.9 Billion on personal development and growth products (and that's not including the diet market). Tony Robbins' business is exploding. New personal development gurus are popping up left and right. What the Bleep? has become a household name. Bob Proctor's The Secret is taking the world by storm...he's been on Larry King, Ellen and even Oprah. People are tuning in to empower themselves, their tired of choosing to be disempowered for so long. They are turning off the TV and opening up books filled with worlds of wisdom, enlightenment and success strategies.

The more people who join this movement the more change we'll have - every person contributes the change in the energy of this planet. People are learning how to move from a lack, struggle, victim way of being to a prosperity, creative, empowered way of being. It's a natural happiness that is passing on to children. The school systems have been restricting kids for so long, it's time for them to empower children but we have to be the leaders first. We're on a mission. This evolution is building serious momentum and I'm excited to be a cause for the transformation of the world. Leadership is the most precious commodity. Time is the greatest gift we have. Using our time to provide people with leadership and an example of powerful living is the greatest contribution you can make in the world. Blessings.

Entrepreneurs: Here's the Secret - Making GREAT Money from Home

Welcome Back to the Wealth Practicum - a place for entrepreneurs to get practical tools to create a thriving enterprise working from home.

So.... Where are you today? Are you working at your job? On the road? at the airport? How's that going for you anyway? I've been a work at home entrepreneur now for 2 1/2 years and I've never been happier in my life, nor have I made as much money as I do now. I was a management consultant for one of the Big 5 -- not really that important as much as conveying how much I worked and how loyal I was and how little I was getting out of it. I became completely disillusioned with the whole racquet and began to search for my own business. I wanted to call the shots and be an entrepreneur -- BUT, I didn't want to give up my income of $140K a year.

I came across the business I now run in an auction ad. I got started and three months into it, I had a $12K month -- I quit my job and began working my business from home full time.

The secret to all of this, as seen on Oprah, Ellen Degeneris, and Larry King Live, is the principles of wealth Creation as seen on the Secret. Go to www. thesecret.tv to learn more or explore some of the links I've posted to the right. This stuff works: I've proven it!!

Entrepreneurs: Here's the Secret - Making GREAT Money from Home

Welcome Back to the Wealth Practicum - a place for entrepreneurs to get practical tools to create a thriving enterprise working from home.

So.... Where are you today? Are you working at your job? On the road? at the airport? How's that going for you anyway? I've been a work at home entrepreneur now for 2 1/2 years and I've never been happier in my life, nor have I made as much money as I do now. I was a management consultant for one of the Big 5 -- not really that important as much as conveying how much I worked and how loyal I was and how little I was getting out of it. I became completely disillusioned with the whole racquet and began to search for my own business. I wanted to call the shots and be an entrepreneur -- BUT, I didn't want to give up my income of $140K a year.

I came across the business I now run in an auction ad. I got started and three months into it, I had a $12K month -- I quit my job and began working my business from home full time.

The secret to all of this, as seen on Oprah, Ellen Degeneris, and Larry King Live, is the principles of wealth Creation as seen on the Secret. Go to www. thesecret.tv to learn more or explore some of the links I've posted to the right. This stuff works: I've proven it!!

Wealth Practicum - Home Business Entrepreneur Takes Business To New Level

What a Fantastic Month February has been!! I can't believe that it's been two and a half years since I started my home based business. Prior to working from home, I transitioned from the corporate america typical job situation with the commute, the horrendous hours, the babysitting infantile clients and the pay limitations to a life of freedom and abundance. I'm so happy I had the stones to make the leap to entrepreneurship. It really is all about choice though - making an intial choice and having choice on a daily basis. See you again soon with some awesome, inspiring information on creating wealth and abundance. Meanwhile, take a gander http://www.yournewlegacy.com

Modeling Success- It's All In Your Mind

Welcome back to the Wealth Practicum - A practical application of tools, techniques and approaches to creating wealth in the 21st century.

Today, we're going to discuss the concept of modeling. One of the most critical actions to take when achieving your goals is modeling the person who already has the result you want to achieve. I think that many people get stuck though in modeling actions or steps. While it's important to understand the things that a person has done to achieve the things they've achieved, I believe its MORE IMPORTANT to study, then model how the person thinks. We've learned that how a person thinks is the single most significant driver in the results that manifest on the outside. I would rather understand how a super achiever thinks than just simply the steps they've taken to accomplish some huge goal.

I've been studying Tiger Woods this week a bit. There was an awesome article in Golf Digest that really broke down his swing and his game to almost painful minutiae. I never knew there were so many derivatives of swing psychology or structure to work on- guess that's why I shoot 95 and Tiger's the #1 golfer in the world. Obviously this guy has a great deal of natural born talent, but so do others. Why Tiger? and Why the overall consistency in phenominal results? I really believe it's how he thinks that leads all the other actions and results that he's able to produce. A couple things stand out 1) He's intensely competitive. He wants to win every time and he wants to be the best. It eminates from him in everything that he says and does. It's clear that the standards to which he holds himself are exact and demanding. He practices intensely to correct minor flaws in his game, that left untended, would result in deteriorating results. Again, it's not what he does necessarily, but it's how he thinks about what he does that's critical. 2) He actively visualizes the end result. They say that Golf is the ultimate mental game. Tiger understands that in order to produce the result on the course, he must first produce the result in his mind - Visualization is such a powerful tool. He's been known to walk the course dozens of time before a tournament simply visualizing shots from various lies and locations. When he playing the tournament, he's already completed every stroke he will take - in his mind. Again, it's how he thinks that is the ultimate instruction here on achieving goals. Next time I'm on the first tee, I'll take a moment to close my eyes and visualize a perfect, smooth swing that launches a rocket down the center of the fairway about 325 yards - my golf buddies are amazed at my newfound capabilites..... hey, it doesn't hurt to visualize right?

Back to Modeling. If we want to model not only what someone does, but how they think about what they do, look at the result. I recently saw an hour long interview with the great Warren Buffet on CNBC that was brilliant. As you know, Buffet recently gave to the Bill and Melinda Gates Foundation the biggest charitable donation ever. Gates was commenting on his first meeting with Buffet, "I was intrigued with the way he thinks", Gates said of Buffet. Interesting that the richest man in the country said he was focused on how Buffet thought, not the new company he acquired, or the airplane or the private island he bought or something.

So, the next time you have a goal or a result you want to achieve, find someone who has already achieved that goal and model them- but model their mind, not just their actions and watch the results manifest for YOU that you deserve.

Welcome back to the Wealth Practicum - A practical application of tools, techniques and approaches to creating wealth in the 21st century.

I wanted to share some key things I believe are essential in creating wealth. The first is Leverage. Leverage comes in many forms. As an employee, no matter howWell paid you are, you are a source of leverage for your employer. As a real estate investor, you utilize leverage by borrowing money from the bank (opm or other people's money, right?) The more leverage you have, the less of your own money you're using. The key here is that you will never become wealthy as an employee working for hourly wages or on a fixed salary. You are a SOURCE of leverage for your employer and are not USING leverage to build your own wealth.

So what does that mean for the average person that wants to create an abundant, prosperous lifestyle? Clearly you need to be in a position where you are maximizing leverage, and that means for most people, being a business owner vs. an employee. Did you know that close to 90% of all people earning over $100,000 per year are running their own business and that the Home Based Business market is growing at around 12% per year. Over 20,000 people a day are responding to "start your own home business ads". Lets face it, most people are tired of working so hard for so little. The Rules are different today than they were just 10 years ago; if you are truly going to prosper you need to be entrepreneurial AND you have to have LEVERAGE.

The hard part is figuring out the best business to start and run. First of all you have to know that there is a lot of junk out there and I include Franchises in that mix as well. The internet has made it so easy to throw things up against the wall and see if they stick. There are all kinds of money games out there and you want to make sure you are picking something that has some meat on it. Also, there are a ton of people out there that are more than willing to tell you what to look for, that are totally unqualified to do so. Alternatively, I've been a home business entrepreneur now for 2.5 years, have done very, very well with it and I'm totally comfortable and versatile in the home business world -- and happy to share my observations with you...

1. First lets start with you. You have to know that a real business is going to require your effort. If they are saying that you don't have to talk to people or that its fully automated then be a little skeptical. Talking to people is still a necessary part of business. Also a business requires money to run it. If you have no money then starting and running a successful business is going to be a little tough unless you are someone who doesn't mind going out and meeting people face to face, or you have access to capital (OPM). In addition, you have to market. There is not a business on the planet that does not have to do some form of marketing to get customers, no customers no business.

2. Remember, leverage is important in selecting a home business -- here's an example -- what provides the greater degree of leverage? A) Coffee shop that costs $75K to open, $15K/month to run and throws off $10K/ month in profit? or B) Home business that costs $20K to start, $2K/month to run and throws off $10K/month in profit. Business "B" is obviously using leverage to a greater degree because it produces the same result with less money up front and less money ongoing.. Also, is there some form of residual income possible through the business -- In other words, can you do the work once, and get paid on your efforts over and over again. There's very powerful LEVERAGE in creating Residual income.

3. Is the product something that solves a problem or fills a need for people? Does it enrich someones life or experience while here on the planet? Also, is it a high end product? Remember to look for leverage -- you want a high end product that will pay you substantially more than alot of stuff that's out there. I would much rather do the work to create one customer that will provide a $1,000 profit than have 15 customers that will provide a $25 profit each. Same amount of work, same number of customers, and an EXPONENTIAL difference in profit. Also, with higher end products, there is a natural filtering/weeding out process that is critical to your growth. You don't want to work with people that are stuck in a poverty or survival mentality. Remember that creating wealth begins with mindset. If you're groveling around with a bunch of people fighting over a quarter in profit, or with a $500 dollar a month mindset, you're not going to create wealth.

3. Do you have other "add on" products to market once your customer is delighted with the first product they've purchased. Ask any major corporation out there in the market place, be it a software solutions company, car manufacturer, Sandwich shop or consulting company -- it is far more effective to sell additional product to existing customers than to continually create new customers. Find a business that provides you LEVERAGE in the ability to sell additional products to existing customers.

4. Is there a business system, marketing systems and effective sales presentations in place that assist you in running your business. Entrepreneur magazine is pretty clear that a business with out a system will experience 95% failure rate and that businesses with a system will experience a 95% success rate. This is why Franchises are so popular, you are buying a system that in most cases has been proven to work. Just remember a Franchise or any other business without a good market, products or a proven model will still fail. You want to have a business system that provides you LEVERAGE so you don't have to do it all yourself.

5. Finally, does the business fully leverage technology, tools and trends in place right now and looking forward into the future. If you want a business that delivers a multiple SIX FIGURE INCOME from home, you must be prepared to use the internet, conference call systems, audio and video technology, and online training and communications tools to the fullest. You must LEVERAGE technology to your benefit.

There is a lot to consider when purchasing a business but I will tell you the number one mistake people make when buying a business or starting a home business and that's picking a business based on what it costs vs. leverage criteria laid out here. You can get into a business with very little or no cost, but it will likely not provide the leverage you require to really make alot of money. Remember -- look for the leverage in any business decision and watch your bank account grow.

You can view my advertising website at www.yournewlegacy.com or www.richnewlife.com for additional ideas on leverage, business and creating wealth working from home. I can also be reached at matt@yournewlegacy.com with questions.