{STEP 6}
THINK LIKE AN ENTREPRENEUR
The best way to attract money is to think like an
entrepreneur. - JOE VITALE
THE REASON YOU WANT to have money is that you
want freedom. Freedom to go anywhere, do any-
thing, live as you please and enjoy your life to the
fullest. Money gives us the means to make this
happen. By far the fastest way to accelerate your
income is by becoming an entrepreneur. This
doesn't mean just owning a business. The mistake
many people make when they own their own
business is that they move from working for some
-one else to working for the business. They don't
gain any freedom at all and are tied to the
business, as if they were working for a major
corporation. They haven't altered their ideas to
those ofa true entrepreneur.
Entrepreneurs are not interested in having a
business to create a job for themselves. They're
interested in creating value in as many areas as
possible. This means that you will attract revenue
in many ways. Some people refer to this as
multiple sources of income. The beauty is that
once you set it up, it doesn't require much direct
involvement on your part to keep bringing in
revenue. Books are a good example of this. If
you write a book, it sells for years, giving you an
ongoing stream of income.
These types of opportunities pop up all the time
and if you adopt an entrepreneurial mindset that
allows you to see them, and commit to act on
them, you may be shocked at what appears. One
of my favorite stories is how Fit-a-Rita came
about. Fit-a-Rita is a sugar-free, all natural
margarita mix that I created. I don't know any-
thing about creating a margarita mix. I do not
have a background in food service or any clue
how to bring this type of product to market.
So how is it that I created a margarita mix?
86 https://joffice.jeunesseglobal.com/signup.asp?locale=en-SG&siteurl=soongworld
Instantly Ageless Live Demo
Step 6: Think Like an Entrepreneur
Several years ago I was competing in a body-
building contest and was on a diet where the
only beverage I drank was water and I closely
watched what I ate. So one night I went out with
several other people and they all had mixed
drinks while I sipped my ice water. Back then I
watched a show on CNBC called The Big Idea
hosted by Donny Deutsch. He always said that
your success is right where your problem is, right
where you complain about something. So when
you are about to complain about a service,product
or need for something, that's when you are telling
yourself that there is an opportunity to earn
money by fulfilling that need.
So here I am sitting at this dinner wanting a
margarita badly! I felt deprived and it just wasn't
right! So I said, "Somebody needs to make a
healthy bodybuilder's drink, a bodybuilder's
margarita mix."
Of course most everyone laughed, but some
thought it was a good idea. It was then that the
little twinge of inspiration hit and the light bulb
went off in my head and I thought, "This is a
good idea." I had no clue how to start making this
a reality, but I had learned to ask. I asked for help.
First I talked with a medical doctor and then a
nutritionist. We all got together and formed a
company - Frontier Nutritional Research. These
two professionals helped me compile an
ingredient list that was low calorie and healthy
for bodybuilders (and anyone else). My
contribution during this phase was to be the
original taste tester! Not exactly a tough job but
I wanted it to taste great. We went through
numerous versions until we got one that tasted
great and was healthy.
All of this stemmed from one dinner where I
wanted a healthy margarita. That problem led me
to come up with a solution. You never know
where these ideas will lead. If you solve
problems you encounter daily, then by default,
you'll discover a need that you can profit from.
When you start to think like an entrepreneur you
see opportunities everywhere. And you start to
create them. This is the sixth step in attracting
money into your life. These ideas can be
Internet-based, intellectual property (like a
book), food products or services. There are all
sorts of paths you can follow.
Anyone can learn to think like an entreprenur.
As you know, I was once homeless and in
poverty, so obviously I had to learn how to think
differently. Now I teach others to expand their
thinking and look for opportunities. For example,
here's a testimonial from someone who
https://soongworld.jeunesseglobal.com/en-SG/luminesce 87
ATTRACT MONEY NOW!
just began my Miracles Coaching program taught
by Prosper Learning (used with permission):
It is hard to put into words all the incredible
changes Prosper Learning and the Miracles
Coaching Program have helped me achieve.
I'd started my journey towards awakening over a
year before but subconscious limiting beliefs
were holding me back. Joining Prosper is one of
the best decisions I've ever made. Working with
JaneenDetrick, my personal Prosper coach has
allowed me to break through those old beliefs
and replace them with new ones. I now know I'm
going to be wildly successful. I'm thrilled and
perfectly comfortable with that but, here's the
best part, I'm already seeing results. I've chosen
to start an online business helping clients
promote their websites. Before I'd put up my
own website, ordered business cards, done any
promotion whatsoever or even picked a name for
my business, my first client approached me
completely out of the blue, hired me on the spot
for three months at $500 per month and the
following six months at $1500 per month. I'm
now officially an entrepreneur and the
possibilities are endless!
To say it has truly been an amazing experience
and an incredibly wise investment would be a
huge understatement, Faneen and Prosper have
helped me open up the door to the riches of the
universe and for that I will be eternally grateful.
— Adrian McCluskey, British Columbia Canada
THE MILLIONAIRE NEXT DOOR
The vast majority of self-made millionaires
weren't born into money In fact they came from
modest backgrounds.What made them million-
aires is this entrepreneurial mindset and a very
strong drive to succeed.
So here are some questions for you - "How badly
do you want to succeed? How strong is that drive
to attain the life you say you want?" It can be
yours, but you must take the necessary steps for
it to happen. Mindset is what separates the
financially empowered from thosein bondage to
their jobs, bills and old expectations. It also
separates the modestly successful from the
tremendously successful. It could be your
neighbor, your friend or even a family member
that chooses to understand and use these concepts
to change their lives.
88 https://soongworld.jeunesseglobal.com/en-SG/instantly-ageless/7312
Step 6: Think Like an Entrepreneur
In order for you to be a millionaire, you must
think constantly about multiple streams of
income. I know a pair of fellow writers who
make money from books and articles, but also
have rental property. They are also investing in a
chain of franchise restaurants in Thailand and a
cherry orchard in Australia. These two ladies
have also partnered with a radio host to produce a
group of financial radio shows across Canada and
own a percentage of the business generated by an
international speaker and lecturer. I asked them
how these widely-varied streams of income came
about and here is how they described it:
Well it's interesting to look back on it now, as we
never could have guessed we'd be here just three
years ago. We're writers and that is really our
skill set, so early on we did a few deals with
people we thought had great promise to trade our
skills for something they needed. There was a
radio host who wanted to write a book so we did
that for him as well as his second book and
agreed to own a percentage of his business in lieu
of payment. Now he's hit it big with this new
radio show and so have we, as we now are part of
the production team. Another person we did a
similar agreement with,was a man who was try-
ing to get on the national speaking circuit. We
helped with his book and in return, a percentage
of his speaking fees come to us.
When we started doing better and had some cash,
we wanted to look at ideas that would bring us in
-come and also help others. Anyone can park
their money in the stock market but we wanted to
do something different and help other entre-
preneurs. We heard about a chef who was start-
ing a franchise of little restaurants in Thailand
and we thought it was a great idea because it
gave the local people an opportunity to work
toward owning their own restaurant after the
tsunami devastated the area. The cherry orchard
came about from an Australian Realtor that we
helped with a book.She told us that some of the
farmers near her parent's house were reclaiming
old vineyards to produce cherries which are in
short supply in the southern hemisphere during
their summer. We just liked the idea and
provided some financing and we continue to
look for ideas that help us diversify and keep
attracting money.
https://soongworld.jeunesseglobal.com/en-SG/finiti 89
ATTRACT MONEY NOW!
There are a couple of interesting points about this
story that I want to talk about. First, they were
looking for opportunities even before they had
cash flowing in. They were willing to trade skills
they had for future streams of income. This can be
beneficial for everyone involved. Relationships
created this way are often much more profitable in
the long run than they would be if there was just
an exchange of cash for service. So don't think
you have to have cold hard cash to get started.
Be creative and see what happens.
The other item I want to point out is how well
diversified these two are. They live in Texas, yet
their money comes from the United States,
Canada, Thailand and Australia. Don't be afraid
to do business around the world. To say you only
want to stay within the United States limits your
opportunities. It is much like saying, "Yes,I want
to attract money but I'll only accept cash." Don't
limit yourself. These ladies just followed the
leads provided as they came along and it's turned
out well for them. Besides they can hop over to
Australia to check on the investments and deduct
the trip! What a deal!
LET'S TALK MONEY
The whole idea of creating multiple streams of
income will have a big impact on your finances.
But they don't all have to be big. You may start a
stream of income that produces an extra $100 or
$200 each month. Is that worth doing? Yes. Not
only will you continue to grow this income,but
you will add other streams as well. It's not about
making a big score every time, but more about
diversifying your flow of money so that no
matter the economy, or anything that happens in
one sector, you'll still have a great income.
Once the money starts flowing, it's easy to forget
what a big difference it makes in your life. Let's
start with $500. If you earn an additional $500
per month what does that mean? That's an extra
$6000 per year that can pay down your debt,
provide you a great vacation or go into an
investment or enhance a retirement fund. Now
that may not sound like a lot, but let's assume that
you keep that income stream for five years. Now
that's $30,000 - that's a serious chunk of change.
One of the mistakes people make is evaluating a
stream of income based on a monthly or yearly
amount, rather than factoring in the full ongoing
amount.
I can't tell you the number of times I've heard
really smart people say that owning a rental
property isn't worth making a few hundred
90 https://soongworld.jeunesseglobal.com/en-SG/reserve
Step 6: Think Like an Entrepreneur
per month. Yet that property will be around for
years consistently producing income, as well as
gaining in value over time. Real estate and many
other long standing solid streams of income are
often discounted by those who listen to every
piece of bad news on television. They focus on
the hassle of getting it going and the risk involved,
not the value of the revenue stream.
But I'll be honest with you: I don't care about or
even like rental property. Maybe you don't either
- but some people do and do very well at it.
Keep in mind that you can choose what you are
involved in, but you don't have to try something
just because someone else is doing it.
How about intellectual property? A book for example.
I've also talked to well-known people who
discount the idea of doing a book. They just don't
think it's really worth it as you generally don't
make much for your first effort. However, if you
keep going as I have, the stream of revenue from
over 30 books is substantial, and it just keeps
flowing without my active intervention.
When you're evaluating a potential source of
income, it's important to keep a few things in
mind. First, it should be flexible when you're
starting out. You may have to work around
your full-time job. Flexibility gives you the
opportunity to attract money without being
tied down to a set schedule or numbers of hours every week.
I also like opportunities that can grow over time.
While it's great to get $500 each month, it would
be even better if you had the possibility to grow
that amount and eventually generate $1,000 or
$1,500 per month. Another thing you want to
keep in mind is that you want the income to
continue. Is it sustainable? You don't want to
necessarily put in the time to get the income
started if it's only going to last a few months or
only a year. This is especially true if that same
amount of time and effort could potentially
produce the same income stream that continues
for years. Eventually, you also want that income
stream to function without you having to manage
it every day.
It's vital that you do what you love. This is why I
suggest you look at your hobbies as potential ways
to produce income. You enjoy these already or they
wouldn't be your hobbies. One of the worst things
you can do is get into a business that you don't like
just to make money. Your emotions will inhibit
your ability to attract money because you don't
really like the business in the first place. After a
while it will feel like a weight around your neck
and you'll dread it. This is not a formula for
success. Go with what you love and the money
will follow.
https://soongworld.jeunesseglobal.com/en-SG/calendar 91
ATTRACT MONEY NOW!
While you can pony up the big bucks for a number
of business opportunities, why do that if you don't
have to? I like ideas that cost little or no money to
start. This means that if you're willing to work hard,
you will make a profit from the very first dollar and
you won't have to carry any debt or worry about
making payments. The idea is to achieve freedom
and that's more difficult to do if you saddle yourself
with additional responsibilities and debts.
I know a lady named Janet who was laid off from
her executive assistant position a couple of years
ago. There were few opportunities and she was
tired of commuting from her suburban home in
Florida to downtown Miami to work. She took
stock of her skill set and found it extensive. She
read an article on the Internet about virtual
assistants who work part time for several
executives and communicate by phone and email.
Janet now works from home and has two other
assistants working for her who also work from
home. She makes more money than she ever did
being physically in the office and gets much
more work done without the commute and
distraction of co-workers who used to walk into
her office just to chat. Janet is a good example of
someone who basically loved her job, but it just
wasn't working well for her. Now she can use
those same skills and still provide a valuable
service to her clients.
I see numerous people who think they have to look
at something totally different than their current job
to attract money but it's just not true. I know a man
named Jerry who loved his job at the hospital in
Taos, New Mexico. Because he'd struggled with
post traumatic stress in the past and had gone
through training to counsel others, he soon became
a post traumatic stress consultant to the hospital
staff members. He quickly realized the need for
knowledgeable people to help medical human
resource departments deal with this issue. Jerry
has retired from his normal floor duties and now
gives seminars all across the state to medical
organizations and conferences on how to cope
with post traumatic stress on the job. He also is
working on an informational seminar. It will be
available online soon for other hospital
administrators. They will then be able to learn
what they should do when faced with individuals
suffering from post traumatic stress.
Both of these examples meet most of the
requirements for great sources of income.
And they keep producing, capitalizing on
the Internet.
92 https://soongworld.jeunesseglobal.com/en-SG/lifestyle-rewards
Step 6: Think Like an Entrepreneur
THE INTERNET IS YOUR FRIEND
Many people know me from my appearance as the
star of the movie, The Secret , but few really know
that I started my career as an Internet marketer.
Back in 1995 I wrote one of the few Internet
marketing books that existed. In fact I wrote
several books on general marketing as well. So
believe me I know the power of the Internet. I
also know that it can give you enough business
to change your life.
The Internet is really unique because it's used by
almost every person living in developed
countries around the world. It's easy to access,
costs little, and can put you in touch with
customers all over the world. It gives you the
opportunity to start small and then grow your
business. You can have a business in conjunct-
ion with your day job while building your
income. Doing business online also gives you
the option of spending more time with your
children and family. For this reason alone, many
people with small children choose to pursue this
avenue.
The ability to do keyword searches on Google can
also give you valuable information on what people
are really interested in. This is more difficult if
you're starting another type of business. But online
information for Internet businesses is readily
available. The range and type of opportunity on
the Internet is vast, allowing you to match your
passion and what you enjoy doing with what is
available. Many of these opportunities are non-
traditional. I know a stay-at-home mom who loves
to play poker. She plays online and now has a very
successful poker blog.She contributes online poker
articles to one of the major poker Internet sites and
gets numerous paid trips to Las Vegas to cover
high-level poker events. Now this is a soccer mom
from Dallas who has no interest in moving her
children to Las Vegas or living a gambling lifestyle
, but she can still make money off her world-class
skill right from home. None of the opportunities
she enjoys were an option as recent as 10 years
ago. New and different options are surfacing every
-day. You can take advantage of them, as long as
you're open to the possibilities.
Most people have at least one or two things in
their lives that they're deeply passionate about.
Perhaps it's cooking or pets. Maybe it is gardening
or writing. If you have a true passion for some-
thing, it's well worth your time to try to investigate
the online opportunities and see if you can turn
that passion and talent into some additional
income - or perhaps a new career.
https://soongworld.jeunesseglobal.com/en-SG/financial-rewards 93
ATTRACT MONEY NOW!
You've heard me mention my blog several times.
Blogs are free and if you develop a following,
advertisers will want to pay you to place their
ads on your website. This is probably the
number one way that bloggers make money on
the Internet. Now blogging takes discipline as
well as the ability to communicate. So if these
are qualities you possess, then it might suit you.
Once you start looking you can find blogs on
any subject and you can write one on anything.
I encourage you to write about something
interesting that helps people. These attract the
most readers. You may help people grow home
gardens, fix up their home, eliminate their debt
and become financially secure, or whatever
else fits your passion. Just be sure you can post
at least a couple of times every week or even
every day.
Another area that has really taken off on the
Internet is virtual learning. This doesn't neces-
sarily mean formal education. People take on
-line classes to learn everything from English
to novel writing. All you need is to be
passionate and knowledgeable and you can
turn that into an online course. I invented the
e-class way back in the late 1990s. Lessons
and lectures can be sent each week to students
who may return their homework via email.
Many people who used to teach classes in a
seminar or classroom setting have moved to the
Internet as it offers low overhead and you can
maintain larger numbers of students from all
over the world. There aren't any geographical
limitations. Tutoring can also be lucrative in
the online realm and many school-teachers
use this avenue to enhance their teaching
income during the school year and then add
income during the summer.
Since the introduction of YouTube, online videos
have exploded. Now many businesses and even
authors are using videos to sell their product. If
you have the skills to create and edit these types
of videos, there are numerous opportunities
online. I know of a young couple (he was a
television news producer and she was a school
teacher), and when their daughter was born, they
decided that it would be more practical for him
to quit his job and stay home to produce sales and
training videos for businesses. Now he earns
more than he did working 70 hours per week at
the television station and he gets to enjoy seeing
their daughter grow.
Even teenagers these days have significant video
production skills. So don't think that age is a
limitation. This holds true for any online
business. Your customers have no clue if you're
19 or even 85, so there aren't any preconceived
notions. You are treated as a professional as
long as you act like one. So use that to your
advantage.
94 https://soongworld.jeunesseglobal.com/en-SG/philanthropy
Step 6: Think Like an Entrepreneur
One area that almost needs its own category is
eBay. Thousands of people use online auctions
to generate additional income. You can sell
items lying around your house or you may
purchase items in bulk and auction them off.
You can even have one of their online store-
fronts that generate orders. These are
extremely simple to set up and maintain.
There is a lady named Maureen who got into
this line of business. She was trying to sell off
items from her aunt's estate. It went so well,
she now advertises in her local newspaper to
buy whole estates and then sell the items online.
There's really no excuse for not investigating the
various possibilities you have to earn additional
income from the Internet. While it's not the only
way it is certainly one of the easiest and most
inexpensive ways to get one of your streams of
income. This will allow you to start attracting
money immediately.
Remember, the sixth step to attract money now is
to think like an entrepreneur. Anyone can learn to
do this.When I was starting out as a writer, I didn't
have a clue how to think like that. I was also broke.
As I learned to see and act on opportunities every-
where, my happiness and income grew by leaps
and bounds.
We have one more step for attracting money
now. If you're ready, just turn the page.
https://soongworld.jeunesseglobal.com/en-SG/our-team 95
ATTRACT MONEY NOW!
STEP 6: THINK LIKE AN ENTREPRENEUR
TRUTHS & TAKE AWAYS
• The sixth step to attracting money is to think
like an entrepreneur.
• In order for you to be a millionaire, you must set
up multiple streams of income.
• Choose opportunities that will grow over time.
• It's vital that you do what you love. Look at your
hobbies as potential ways to produce income.
• Most people have one or two things that they're
deeply passionate about - turn these into your
first opportunities.
• There's no excuse for not investigating the
various possibilities for additional income
that you can attract through the Internet.
• Anyone can learn to think and act like an entrepreneur.
96 https://soongworld.jeunesseglobal.com/en-SG/our-story
Step 6: Think Like an Entrepreneur
ACTION STEPS
• Write down 10 things you love to do.
• Consider which one you could turn into a product or
service.
• Write down ways you could sell your product or
service online.
• Take action today to make it happen.
Click Link below and be One Team One Family One Jeunesse www.soongworld.jeunesseglobal.com 97
THINK LIKE AN ENTREPRENEUR
The best way to attract money is to think like an
entrepreneur. - JOE VITALE
THE REASON YOU WANT to have money is that you
want freedom. Freedom to go anywhere, do any-
thing, live as you please and enjoy your life to the
fullest. Money gives us the means to make this
happen. By far the fastest way to accelerate your
income is by becoming an entrepreneur. This
doesn't mean just owning a business. The mistake
many people make when they own their own
business is that they move from working for some
-one else to working for the business. They don't
gain any freedom at all and are tied to the
business, as if they were working for a major
corporation. They haven't altered their ideas to
those ofa true entrepreneur.
Entrepreneurs are not interested in having a
business to create a job for themselves. They're
interested in creating value in as many areas as
possible. This means that you will attract revenue
in many ways. Some people refer to this as
multiple sources of income. The beauty is that
once you set it up, it doesn't require much direct
involvement on your part to keep bringing in
revenue. Books are a good example of this. If
you write a book, it sells for years, giving you an
ongoing stream of income.
These types of opportunities pop up all the time
and if you adopt an entrepreneurial mindset that
allows you to see them, and commit to act on
them, you may be shocked at what appears. One
of my favorite stories is how Fit-a-Rita came
about. Fit-a-Rita is a sugar-free, all natural
margarita mix that I created. I don't know any-
thing about creating a margarita mix. I do not
have a background in food service or any clue
how to bring this type of product to market.
So how is it that I created a margarita mix?
86 https://joffice.jeunesseglobal.com/signup.asp?locale=en-SG&siteurl=soongworld
Instantly Ageless Live Demo
Step 6: Think Like an Entrepreneur
Several years ago I was competing in a body-
building contest and was on a diet where the
only beverage I drank was water and I closely
watched what I ate. So one night I went out with
several other people and they all had mixed
drinks while I sipped my ice water. Back then I
watched a show on CNBC called The Big Idea
hosted by Donny Deutsch. He always said that
your success is right where your problem is, right
where you complain about something. So when
you are about to complain about a service,product
or need for something, that's when you are telling
yourself that there is an opportunity to earn
money by fulfilling that need.
So here I am sitting at this dinner wanting a
margarita badly! I felt deprived and it just wasn't
right! So I said, "Somebody needs to make a
healthy bodybuilder's drink, a bodybuilder's
margarita mix."
Of course most everyone laughed, but some
thought it was a good idea. It was then that the
little twinge of inspiration hit and the light bulb
went off in my head and I thought, "This is a
good idea." I had no clue how to start making this
a reality, but I had learned to ask. I asked for help.
First I talked with a medical doctor and then a
nutritionist. We all got together and formed a
company - Frontier Nutritional Research. These
two professionals helped me compile an
ingredient list that was low calorie and healthy
for bodybuilders (and anyone else). My
contribution during this phase was to be the
original taste tester! Not exactly a tough job but
I wanted it to taste great. We went through
numerous versions until we got one that tasted
great and was healthy.
All of this stemmed from one dinner where I
wanted a healthy margarita. That problem led me
to come up with a solution. You never know
where these ideas will lead. If you solve
problems you encounter daily, then by default,
you'll discover a need that you can profit from.
When you start to think like an entrepreneur you
see opportunities everywhere. And you start to
create them. This is the sixth step in attracting
money into your life. These ideas can be
Internet-based, intellectual property (like a
book), food products or services. There are all
sorts of paths you can follow.
Anyone can learn to think like an entreprenur.
As you know, I was once homeless and in
poverty, so obviously I had to learn how to think
differently. Now I teach others to expand their
thinking and look for opportunities. For example,
here's a testimonial from someone who
https://soongworld.jeunesseglobal.com/en-SG/luminesce 87
ATTRACT MONEY NOW!
just began my Miracles Coaching program taught
by Prosper Learning (used with permission):
It is hard to put into words all the incredible
changes Prosper Learning and the Miracles
Coaching Program have helped me achieve.
I'd started my journey towards awakening over a
year before but subconscious limiting beliefs
were holding me back. Joining Prosper is one of
the best decisions I've ever made. Working with
JaneenDetrick, my personal Prosper coach has
allowed me to break through those old beliefs
and replace them with new ones. I now know I'm
going to be wildly successful. I'm thrilled and
perfectly comfortable with that but, here's the
best part, I'm already seeing results. I've chosen
to start an online business helping clients
promote their websites. Before I'd put up my
own website, ordered business cards, done any
promotion whatsoever or even picked a name for
my business, my first client approached me
completely out of the blue, hired me on the spot
for three months at $500 per month and the
following six months at $1500 per month. I'm
now officially an entrepreneur and the
possibilities are endless!
To say it has truly been an amazing experience
and an incredibly wise investment would be a
huge understatement, Faneen and Prosper have
helped me open up the door to the riches of the
universe and for that I will be eternally grateful.
— Adrian McCluskey, British Columbia Canada
THE MILLIONAIRE NEXT DOOR
The vast majority of self-made millionaires
weren't born into money In fact they came from
modest backgrounds.What made them million-
aires is this entrepreneurial mindset and a very
strong drive to succeed.
So here are some questions for you - "How badly
do you want to succeed? How strong is that drive
to attain the life you say you want?" It can be
yours, but you must take the necessary steps for
it to happen. Mindset is what separates the
financially empowered from thosein bondage to
their jobs, bills and old expectations. It also
separates the modestly successful from the
tremendously successful. It could be your
neighbor, your friend or even a family member
that chooses to understand and use these concepts
to change their lives.
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Step 6: Think Like an Entrepreneur
In order for you to be a millionaire, you must
think constantly about multiple streams of
income. I know a pair of fellow writers who
make money from books and articles, but also
have rental property. They are also investing in a
chain of franchise restaurants in Thailand and a
cherry orchard in Australia. These two ladies
have also partnered with a radio host to produce a
group of financial radio shows across Canada and
own a percentage of the business generated by an
international speaker and lecturer. I asked them
how these widely-varied streams of income came
about and here is how they described it:
Well it's interesting to look back on it now, as we
never could have guessed we'd be here just three
years ago. We're writers and that is really our
skill set, so early on we did a few deals with
people we thought had great promise to trade our
skills for something they needed. There was a
radio host who wanted to write a book so we did
that for him as well as his second book and
agreed to own a percentage of his business in lieu
of payment. Now he's hit it big with this new
radio show and so have we, as we now are part of
the production team. Another person we did a
similar agreement with,was a man who was try-
ing to get on the national speaking circuit. We
helped with his book and in return, a percentage
of his speaking fees come to us.
When we started doing better and had some cash,
we wanted to look at ideas that would bring us in
-come and also help others. Anyone can park
their money in the stock market but we wanted to
do something different and help other entre-
preneurs. We heard about a chef who was start-
ing a franchise of little restaurants in Thailand
and we thought it was a great idea because it
gave the local people an opportunity to work
toward owning their own restaurant after the
tsunami devastated the area. The cherry orchard
came about from an Australian Realtor that we
helped with a book.She told us that some of the
farmers near her parent's house were reclaiming
old vineyards to produce cherries which are in
short supply in the southern hemisphere during
their summer. We just liked the idea and
provided some financing and we continue to
look for ideas that help us diversify and keep
attracting money.
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ATTRACT MONEY NOW!
There are a couple of interesting points about this
story that I want to talk about. First, they were
looking for opportunities even before they had
cash flowing in. They were willing to trade skills
they had for future streams of income. This can be
beneficial for everyone involved. Relationships
created this way are often much more profitable in
the long run than they would be if there was just
an exchange of cash for service. So don't think
you have to have cold hard cash to get started.
Be creative and see what happens.
The other item I want to point out is how well
diversified these two are. They live in Texas, yet
their money comes from the United States,
Canada, Thailand and Australia. Don't be afraid
to do business around the world. To say you only
want to stay within the United States limits your
opportunities. It is much like saying, "Yes,I want
to attract money but I'll only accept cash." Don't
limit yourself. These ladies just followed the
leads provided as they came along and it's turned
out well for them. Besides they can hop over to
Australia to check on the investments and deduct
the trip! What a deal!
LET'S TALK MONEY
The whole idea of creating multiple streams of
income will have a big impact on your finances.
But they don't all have to be big. You may start a
stream of income that produces an extra $100 or
$200 each month. Is that worth doing? Yes. Not
only will you continue to grow this income,but
you will add other streams as well. It's not about
making a big score every time, but more about
diversifying your flow of money so that no
matter the economy, or anything that happens in
one sector, you'll still have a great income.
Once the money starts flowing, it's easy to forget
what a big difference it makes in your life. Let's
start with $500. If you earn an additional $500
per month what does that mean? That's an extra
$6000 per year that can pay down your debt,
provide you a great vacation or go into an
investment or enhance a retirement fund. Now
that may not sound like a lot, but let's assume that
you keep that income stream for five years. Now
that's $30,000 - that's a serious chunk of change.
One of the mistakes people make is evaluating a
stream of income based on a monthly or yearly
amount, rather than factoring in the full ongoing
amount.
I can't tell you the number of times I've heard
really smart people say that owning a rental
property isn't worth making a few hundred
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Step 6: Think Like an Entrepreneur
per month. Yet that property will be around for
years consistently producing income, as well as
gaining in value over time. Real estate and many
other long standing solid streams of income are
often discounted by those who listen to every
piece of bad news on television. They focus on
the hassle of getting it going and the risk involved,
not the value of the revenue stream.
But I'll be honest with you: I don't care about or
even like rental property. Maybe you don't either
- but some people do and do very well at it.
Keep in mind that you can choose what you are
involved in, but you don't have to try something
just because someone else is doing it.
How about intellectual property? A book for example.
I've also talked to well-known people who
discount the idea of doing a book. They just don't
think it's really worth it as you generally don't
make much for your first effort. However, if you
keep going as I have, the stream of revenue from
over 30 books is substantial, and it just keeps
flowing without my active intervention.
When you're evaluating a potential source of
income, it's important to keep a few things in
mind. First, it should be flexible when you're
starting out. You may have to work around
your full-time job. Flexibility gives you the
opportunity to attract money without being
tied down to a set schedule or numbers of hours every week.
I also like opportunities that can grow over time.
While it's great to get $500 each month, it would
be even better if you had the possibility to grow
that amount and eventually generate $1,000 or
$1,500 per month. Another thing you want to
keep in mind is that you want the income to
continue. Is it sustainable? You don't want to
necessarily put in the time to get the income
started if it's only going to last a few months or
only a year. This is especially true if that same
amount of time and effort could potentially
produce the same income stream that continues
for years. Eventually, you also want that income
stream to function without you having to manage
it every day.
It's vital that you do what you love. This is why I
suggest you look at your hobbies as potential ways
to produce income. You enjoy these already or they
wouldn't be your hobbies. One of the worst things
you can do is get into a business that you don't like
just to make money. Your emotions will inhibit
your ability to attract money because you don't
really like the business in the first place. After a
while it will feel like a weight around your neck
and you'll dread it. This is not a formula for
success. Go with what you love and the money
will follow.
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ATTRACT MONEY NOW!
While you can pony up the big bucks for a number
of business opportunities, why do that if you don't
have to? I like ideas that cost little or no money to
start. This means that if you're willing to work hard,
you will make a profit from the very first dollar and
you won't have to carry any debt or worry about
making payments. The idea is to achieve freedom
and that's more difficult to do if you saddle yourself
with additional responsibilities and debts.
I know a lady named Janet who was laid off from
her executive assistant position a couple of years
ago. There were few opportunities and she was
tired of commuting from her suburban home in
Florida to downtown Miami to work. She took
stock of her skill set and found it extensive. She
read an article on the Internet about virtual
assistants who work part time for several
executives and communicate by phone and email.
Janet now works from home and has two other
assistants working for her who also work from
home. She makes more money than she ever did
being physically in the office and gets much
more work done without the commute and
distraction of co-workers who used to walk into
her office just to chat. Janet is a good example of
someone who basically loved her job, but it just
wasn't working well for her. Now she can use
those same skills and still provide a valuable
service to her clients.
I see numerous people who think they have to look
at something totally different than their current job
to attract money but it's just not true. I know a man
named Jerry who loved his job at the hospital in
Taos, New Mexico. Because he'd struggled with
post traumatic stress in the past and had gone
through training to counsel others, he soon became
a post traumatic stress consultant to the hospital
staff members. He quickly realized the need for
knowledgeable people to help medical human
resource departments deal with this issue. Jerry
has retired from his normal floor duties and now
gives seminars all across the state to medical
organizations and conferences on how to cope
with post traumatic stress on the job. He also is
working on an informational seminar. It will be
available online soon for other hospital
administrators. They will then be able to learn
what they should do when faced with individuals
suffering from post traumatic stress.
Both of these examples meet most of the
requirements for great sources of income.
And they keep producing, capitalizing on
the Internet.
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Step 6: Think Like an Entrepreneur
THE INTERNET IS YOUR FRIEND
Many people know me from my appearance as the
star of the movie, The Secret , but few really know
that I started my career as an Internet marketer.
Back in 1995 I wrote one of the few Internet
marketing books that existed. In fact I wrote
several books on general marketing as well. So
believe me I know the power of the Internet. I
also know that it can give you enough business
to change your life.
The Internet is really unique because it's used by
almost every person living in developed
countries around the world. It's easy to access,
costs little, and can put you in touch with
customers all over the world. It gives you the
opportunity to start small and then grow your
business. You can have a business in conjunct-
ion with your day job while building your
income. Doing business online also gives you
the option of spending more time with your
children and family. For this reason alone, many
people with small children choose to pursue this
avenue.
The ability to do keyword searches on Google can
also give you valuable information on what people
are really interested in. This is more difficult if
you're starting another type of business. But online
information for Internet businesses is readily
available. The range and type of opportunity on
the Internet is vast, allowing you to match your
passion and what you enjoy doing with what is
available. Many of these opportunities are non-
traditional. I know a stay-at-home mom who loves
to play poker. She plays online and now has a very
successful poker blog.She contributes online poker
articles to one of the major poker Internet sites and
gets numerous paid trips to Las Vegas to cover
high-level poker events. Now this is a soccer mom
from Dallas who has no interest in moving her
children to Las Vegas or living a gambling lifestyle
, but she can still make money off her world-class
skill right from home. None of the opportunities
she enjoys were an option as recent as 10 years
ago. New and different options are surfacing every
-day. You can take advantage of them, as long as
you're open to the possibilities.
Most people have at least one or two things in
their lives that they're deeply passionate about.
Perhaps it's cooking or pets. Maybe it is gardening
or writing. If you have a true passion for some-
thing, it's well worth your time to try to investigate
the online opportunities and see if you can turn
that passion and talent into some additional
income - or perhaps a new career.
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ATTRACT MONEY NOW!
You've heard me mention my blog several times.
Blogs are free and if you develop a following,
advertisers will want to pay you to place their
ads on your website. This is probably the
number one way that bloggers make money on
the Internet. Now blogging takes discipline as
well as the ability to communicate. So if these
are qualities you possess, then it might suit you.
Once you start looking you can find blogs on
any subject and you can write one on anything.
I encourage you to write about something
interesting that helps people. These attract the
most readers. You may help people grow home
gardens, fix up their home, eliminate their debt
and become financially secure, or whatever
else fits your passion. Just be sure you can post
at least a couple of times every week or even
every day.
Another area that has really taken off on the
Internet is virtual learning. This doesn't neces-
sarily mean formal education. People take on
-line classes to learn everything from English
to novel writing. All you need is to be
passionate and knowledgeable and you can
turn that into an online course. I invented the
e-class way back in the late 1990s. Lessons
and lectures can be sent each week to students
who may return their homework via email.
Many people who used to teach classes in a
seminar or classroom setting have moved to the
Internet as it offers low overhead and you can
maintain larger numbers of students from all
over the world. There aren't any geographical
limitations. Tutoring can also be lucrative in
the online realm and many school-teachers
use this avenue to enhance their teaching
income during the school year and then add
income during the summer.
Since the introduction of YouTube, online videos
have exploded. Now many businesses and even
authors are using videos to sell their product. If
you have the skills to create and edit these types
of videos, there are numerous opportunities
online. I know of a young couple (he was a
television news producer and she was a school
teacher), and when their daughter was born, they
decided that it would be more practical for him
to quit his job and stay home to produce sales and
training videos for businesses. Now he earns
more than he did working 70 hours per week at
the television station and he gets to enjoy seeing
their daughter grow.
Even teenagers these days have significant video
production skills. So don't think that age is a
limitation. This holds true for any online
business. Your customers have no clue if you're
19 or even 85, so there aren't any preconceived
notions. You are treated as a professional as
long as you act like one. So use that to your
advantage.
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Step 6: Think Like an Entrepreneur
One area that almost needs its own category is
eBay. Thousands of people use online auctions
to generate additional income. You can sell
items lying around your house or you may
purchase items in bulk and auction them off.
You can even have one of their online store-
fronts that generate orders. These are
extremely simple to set up and maintain.
There is a lady named Maureen who got into
this line of business. She was trying to sell off
items from her aunt's estate. It went so well,
she now advertises in her local newspaper to
buy whole estates and then sell the items online.
There's really no excuse for not investigating the
various possibilities you have to earn additional
income from the Internet. While it's not the only
way it is certainly one of the easiest and most
inexpensive ways to get one of your streams of
income. This will allow you to start attracting
money immediately.
Remember, the sixth step to attract money now is
to think like an entrepreneur. Anyone can learn to
do this.When I was starting out as a writer, I didn't
have a clue how to think like that. I was also broke.
As I learned to see and act on opportunities every-
where, my happiness and income grew by leaps
and bounds.
We have one more step for attracting money
now. If you're ready, just turn the page.
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ATTRACT MONEY NOW!
STEP 6: THINK LIKE AN ENTREPRENEUR
TRUTHS & TAKE AWAYS
• The sixth step to attracting money is to think
like an entrepreneur.
• In order for you to be a millionaire, you must set
up multiple streams of income.
• Choose opportunities that will grow over time.
• It's vital that you do what you love. Look at your
hobbies as potential ways to produce income.
• Most people have one or two things that they're
deeply passionate about - turn these into your
first opportunities.
• There's no excuse for not investigating the
various possibilities for additional income
that you can attract through the Internet.
• Anyone can learn to think and act like an entrepreneur.
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Step 6: Think Like an Entrepreneur
ACTION STEPS
• Write down 10 things you love to do.
• Consider which one you could turn into a product or
service.
• Write down ways you could sell your product or
service online.
• Take action today to make it happen.
Click Link below and be One Team One Family One Jeunesse www.soongworld.jeunesseglobal.com 97
