Mar
31
Wealth Creation Strategies
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Introduction
Reaching the parallax of wealth creation is like reaching the top of a hard mountain. However with innovative methods and a shift in mindset, the once hard trek to the top becomes a fair trip with paved roads, an overnight lodge, and some barbeque. Equipping ourselves with the right wealth creation techniques will make tall orders turn into silly hurdles.
However, people mistake that creating wealth is a trivial matter. People wrongly assume that a few wise investments and a lot of hard work will make them happy campers. However, after retirement, they find themselves wanting to go back to their working years once again. People thereby tend to underestimate the journey of creating wealth.
Wealth Creation Strategies
Wealth creation is not a random exercise. Using the analogy of a plant, we do not expect a beautiful plant to bloom as soon as you start throwing the seeds in your garden. Like plants, wealth and money should be patiently groomed, trimmed, and carefully guarded. Therefore having the correct method to grow money involves having proven foresight of wealth creation strategies.
A Mindset in Wealth Creation
According to Jamie McIntyre, having the correct wealth creation strategies is only 20% of the puzzle. The bulky 80% starts with having the right mindset. Having the right mindset governs an individual’s actions to orient him to act and think as a wealth builder. This way, he is able to grasp the different wealth creation strategies today and even devise his own strategy for his own advantage.
People wrongly assume that they can be responsible wealth builders if they just have seed money to start with. In this wrong mindset, strategies go out of the bunker and thinks that money easily begets more money. As a simple example, more people will take the one million dollars rather than be blessed with a millionaire’s mindset. “Give me the million first then I will buy my own strategies,” one can say. However, things just don’t work out that way.
To develop effective wealth creation strategies starts with developing a millionaire’s mindset. Strategies only serve as a vehicle of a master plotter. Therefore, a master plotter has to exist. Finding wealth creation opportunities does not rely on the best wealth creation strategies. Instead, opportunities are found by people with the mindset to create opportunities. Thus, the primary strategy in creating wealth is to develop a successful mindset. The faster that we change our mindset, the faster we can create what we want.
A sound wealth creation strategy without mindset will get you nowhere. However, someone who is lacking of strategy can get nowhere. People with a millionaire’s mindset find ways anyway. However having the correct wealth creation strategies and mindset is the measure of complete success.
Thus, a question is asked. Why do people fail? Jamie McIntyre, the author of “What I didn’t Learn in School but I Wish I Had” tells us that the cards dealt to us do not matter. There are different reasons why people fail to develop the correct mindset. Perspectives do give us the tool to look at things, but having the ability to change our perspective involves a set of positive traits that we should develop. By having accountability, gratitude, and the will to act, we as success-seekers can break barriers towards a more positive mindset.
It is important to know that one can learn wealth creation strategies just about anywhere. You find strategies in texts and in motivational materials. However the right mindset is found within you. No one can create and shape a mindset for you. Finding your mindset is perhaps the best strategy above all wealth creation strategies.
Mar
26
USA Company XYZ who makes and sells plastics decides to open an operational plant in the Philippians. They spend over 100 Million USD’s and start production. They successfully have profitable production and sales for three years.
Meanwhile, the Canadian Government goes to war (giggle) with the USA. In this battle, Canada wins the favor of the Philippians government, and cease all land associated with the Philippians. They’re many USA citizens working at the Philippians plant and Company XYZ wants to preserve their new operations plant.
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1. Would the USA military be responsible to send transportation to the USA Citizens at the Phillipean plant?
2. Would the USA military be responsible to offer Asset protection to Company XYZ’s operational plant?
3. Who’s responsible for the costs with such actions?
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Mar
23
I have and interview at Sears for assets protection! Can anyone help me please?
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What are they going to ask during the interview. I heard that you need to take a specific course. If so i already carry a security guard card liscense do i need to take it over?
What will i do a sears assets protection, will i be like a loss prevention agent which i want to work or will i be stuck as a unifrom reciept check because i if thats the case im not taking the job. Anyone help. THANKS
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Mar
20
Introduction – (Secrets of Asset Protection)
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Asset Protection Attorney Douglass Lodmell explains what you have that is already protected.
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Mar
20
Okay.. So I’m currently working for Target Assets Protection and just got offered a job at Kohl’s as Loss Prevention.. I have been doing AP at Target for quite some time although I’m not so much satisfied with the pay.
Anyone know how much Kohl’s LP pays?? That’s just for a regular LP Agent..
And which is better in general?? I know nothing about Kohl’s LP and how they operate. All I know is that the supervisor who talked to me about the job was all cut up at the face.
Can someone please fill me in on some info???
No stupid comments please.
Thanks in advance.
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Mar
18
Target Assest Protection?
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I really need to find out all i can about targets asset protection because i got in trouble with them last week and i just got the letter today. But the whole thing was unfair because i had tried to shoplift eyeliner. okay so that is fair that i got in trouble because i did do something that was wrong, but the fact is that i had put it back. i took it and i put it back after i had tried to put it in my purse but then when i walked out i got pulled to the side and they said they knew that i had taken something- even if it had been from times before . So i gave them 3 or 4 eyeliners i had taken maybe even months ago. Now they are charging me 295 dollars and i am wondering if it is worth it to fight it or just pay. Its not the money that is the issue, its just i am not sure wether the way i was threaten by them was legal, being i am a minor. Please someone help me. Is it worth it to lie about it now and say that they sent the letter to me but i didnt do it and i know nothing about it? ??
Well thank you for the advice. i know i have to get over this I have gotten in trouble once before but with my friends- whom all steal- its hard to stop. I have tried, and i am still trying. that is why i had put it back. I did not walk out the store with the merchandise i had try to take that day. But they guareented me that i had something in my bag that had not been paid for from target in my bag. and i said that i didn’t but they said that they wouldn’t believe that and it would only be worse for me if i didn’t hand them something i had taken. I am not even sure if the products i handed them had been from that store. they jsut scared me. But anyways, i’ll just pay for it. I just dont respect the way they handled things nor the behavior after i had given them the items, they were joking around the whole time. but you are right. thanks
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Mar
13
How to Make Money on Ebay While You Travel
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Have you ever thought about making a steady online income… while traveling? Ebay provides a fantastic platform for doing this and it’s not very difficult or time consuming. You can travel overseas for a LONG time by holding just a few online auctions per week if you set things up properly.
Most people dismiss Ebay as a viable travel business because they think you’ve got to have a physical inventory present… and while traveling, that would clearly be limited by the size of your luggage.
There’s good news and more good news. The first piece of good news is that you definitely DON’T need to have a physical item or inventory to sell. You can easily sell a digitally delivered product or inexpensively hire a fulfillment house to ship your stuff for you. Here’s the ‘more’ good news: because most people dismiss Ebay for making a travel income the market is left wide open for this type of marketing!
The other big reason entrepreneurs dismiss Ebay is because they think it’s for selling old junk lying around the house. They take a ‘garage sale’ mentality about Ebay (sell your extra stuff lying around the house). This is great for some people, but wrong for business!
So, Here is your basic model for traveling and making money with online auctions:
1) Find a product to sell. This is easy. You can sell a digital E-book if you don’t want to carry an inventory, or you can resell items from wholesalers at a markup. Simply get on the lists of a few dozen wholesalers and start watching their wholesale product listings.
2) Based on those products, narrow it down to what people WANT. This is the biggest pitfall would-be auction sellers make… They sell a product they think people need instead of what people actually BUY. You’ve got to find where the highway traffic is flowing and stand in front of it with a big money net.
3) Study Your Competition. You should steal what other competitors are doing that is working! Watch for the sellers who consistently sell products in the market you’ve chosen, and see what they are doing. They’re on Ebay because what they’re doing is working! By the way, don’t get scared off by competition. Competition means there’s a market of buyers!
4) Get your feet wet. Jump in there and make a listing! Start the bidding price low so that people get emotionally invested in your product. Show lots of pictures. Consider utilizing an auction listing template to make things look nice… but remember, it’s the STORY that people get drawn into more than a pretty website, so make them feel like they already own the product and show them the benefits of owning your product, not the features.
5) Scale Bigger. After you’ve experienced some success with a few auctions, you can now make more sales and bigger sales.
So how do you travel and sell on ebay? Easy. There are internet café’s all over the world that you can login to for as little as $0.10 cents per hour! Most will be around $1-$2 dollars per hour, and you’ll get a surprisingly high-tech computer to access the web with.
You can modify your listings from abroad and have your fulfillment house (or your little brother!) handle shipments. If you like, you can even have a customer service center answering buyer questions.
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Mar
12
No 1 Rule of Wealth Creation
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The number one rule of wealth creation must be “Pay Yourself First”.
What do I mean by that, simply whatever you earn per month you take out a minimum of 10% and put it into your savings account or your investment account; you live and pay your bills with what you have left. You PAY YOURSELF FIRST
I know, I know, I can hear you say “How can I do that, it’s taking me all my time to keep my head above water as it is”.
Well what you must do is sit down and have an honest look at what you are spending your money on.
Put a basic profit and loss sheet together and at this stage it does not need to be complicated. Very few people do this.
The budget plan poor people work to, works like this.
Go out and earn as much money as you can, pay the bills, spend the rest, because that is how much it costs to live. This plan and way of working will only keep you working hand to mouth and keep you on the treadmill until you die.
So pick up the pen and paper and let’s have a look.
On the left-hand side of the paper write down your monthly income. That is everything that is coming into the household, your salary, your spouse’s salary and any other form of income.
I don’t want to hear “I don’t know it varies every month” Work a monthly average out or work to your basic rate.
On the right-hand side of the paper write down everything that you are paying out per month, make a full list.
I don’t want to hear “I don’t know some things we pay for quarterly” work out how much you are paying a year and divide it by twelve. O.K. To be solvent your left hand total should be higher than your right hand total.
If you’re right hand total is higher than your left hand total subtract the left hand from the right hand total and this will show you how much you are running in to debt each month.
For some this little exercise is an eye opener of how our spending can get out of control and slip through the net if not kept a check on. But let’s go back to this paying your self first.
Wealth can only be created by not consuming, so we need to stop spending and create the habit of saving. Therefore you need to look at your right hand column to see where you can stop consuming.
To be successful at this you must have an honest desire to create your own wealth and the determination and discipline to change your lifestyle so it’s imperative you know what you want and why you are doing this.
Be honest with yourself, where can you cut back?
On a £20,000 per annum net income you will need to be paying yourself £2,000 per year. That is £166.67 per month.
Where is that going to come from? So let’s look at some of the most common areas of our uncontrolled consumerism.
If you spend £5 a day on cigarettes (only poor people smoke) that’s £35 a week, or £140 a month.
If you drink on average of two pints of beer a day at an average cost of £2.60 a pint this is £36.40 a week or £145.60 a month.
Two bottles of wine a week could cost on average £12 a week or £48 a month.
Have an honest look at fuel consumption for your vehicle, could you not use it so much, could you walk more, this would keep you healthier, could you make a deal with someone to share the costs of running too and from work.
Have a look at the food bill, can you cut costs or get better value for your money by not buying conveniences, sweets and junk food.
Take a look at your utilities; switch off the lights and electronic equipment when on standby, cut back on water and gas usage.
Nowadays you won’t be looked at as being a miser or skinflint but a global friendly eco warrior.
What I am saying here and I think you will agree, with a little bit of thought and effort you can change your habits and lifestyle in small ways to find that 10% you need to start the ball rolling.
Take an honest look at the No 1 Rule of Wealth Creation “Pay Yourself First” and you will soon see how to turn these small gains into massive wealth creation.






