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Posts Tagged ‘assets’

Most People Spend Their Life Earning a Living, Rather Than Designing Their Life!!

Saturday, November 1st, 2008

Time your most priceless asset! It amazes me the amount of people who get blinded by the value of money and don’t think twice about wasting their precious time. The thing is once you spend your money it is quite easy to get back when you know how, but when you use a portion of your time it is gone forever.

Particularly in the field of entrepreneurial education that I have personally invested thousands of dollars in myself to fast track my learning curve. I still see countless people avoiding investing in an education package that will shave 10 years off their learning curve because of the financial investment, which is very cheap in most cases.

And the crazy thing is by the time they spend 10 years learning the slow expensive way, things will have changed and they will need to move on to something else.

The smart entrepreneurs don’t think twice about investing in themselves and one of the biggest benefits is if something happens and the money gets lost, those who’ve invested in their own knowledge will soon have the money back again because they know how to acquire it.

A great example about time management comes from a college professor; He sat a bowl on the desk in front of the class and filled it till it was piled up and overflowing with big rocks. He asked his class is the bowl full?

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The Money is in The List!

Wednesday, September 10th, 2008

In business having a database of clients that you’ve built a good relationship with is one of the most valuable assets any business can have. As a lot of online marketers say, “The money is in the list!”

If you want proof of the value that’s in a database, I’m sure you can remember just a few years back when Google purchased Youtube for $1.6 Billion, and Youtube hadn’t made a profit at that stage.

Building your database is an ongoing task, remember it’s all about building the relationship and staying in contact with your prospects so that you are their when they are ready to buy. A good point to keep in mind when building your database is that each time you get a new addition to your database it is future profits, now I’m not saying that you will sell to everyone that enters your database, how ever you will obviously sell to a percentage of your database. So if you’re struggling to see the value in focusing on your database, just think of it as future revenue.

There are many different strategies you can use to build your database and let’s start with some traditional offline business examples;
The most popular for a traditional bricks and mortar business is to run an in-store competition where people enter their details into the draw to win a prize that can be something you’ve packaged up in house or you may even offer a holiday to more attention. This allows you to capture peoples details so you can stay in contact with them and send out special offers to generate more business.

Here’s an example from a café business I worked with; (more…)

Million Dollar Mindset

Friday, August 1st, 2008

I’m sure you would have heard the popular Henry Ford quote “Whether you think you can or think you can’t, you’re right!”

That’s the power of the human mind and providing we put ourselves in the right environment (peer group) and continue taking in the right positive fuel (information), then all of our wildest dreams can come true.

“Whatever the mind of man can conceive and believe, it can achieve.” – Napoleon Hill

Things aren’t always going to be rosy, quite often when the chips are down it’s just a matter of changing our mindset and focusing on everything we have in life, like all of your assets, including the basics like knowing to read and add up or whatever it is for you and most importantly being grateful for all of the good things in your life like; family, friends, etc.

There are countless examples of people coming to this country with almost nothing and not knowing the English language, that have gone on to make huge successes of themselves.

As long as we maintain an absolute positive can do mindset, all of the help we need is readily available today. Take Henry Ford for instance, he didn’t have a high level of education or know all of the answers, so he built a team of professional advisors who did. The rest is history…

Today it has never been easier to access everything you need, thanks to modern technology. It’s just a matter of getting crystal clear on what you want and stay focused.

“What You Focus On Is What You Get” - Aaron Parsons

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