Finance And Refinance .com

Today I’ve learned an important business lesson. Whatever you sell, it should be standardised and scalable.

Never sell yourself. You are a limited number of hours/days to live.

Never sell interpretable things. Be like Ford. Only sell what you can replicat with zero marginal costs.  This way you can have a lot of money and financial freedom.

If you start selling personalized item, it’s like you are selling your time. Not very wise. Unless you are selling with incredible high margins.

Share/Save

Do you have a goal in your financial life? Do you want to reach somewhere? Do you want a SIX figure income? Do you want financial freedom?

Then think for yourself.

1. You cannot become an employee. Because even if you earn six figure salary, overall you are trading your time for money. If you stop working, you stop earning money. Your six figure income is going to the drain.

2. You should reach this financial freedom only if you are earning those money through other means, independent of your time. Would it be nice to earn a six figure income even when you are sleeping? Or you are going into vacation? This would be nice, correct?

3. A six figure income could come from the following directions:

- make a site, get some traffic, sale things on it (monetize it somehow). Replicate this 100 times

- create a flow of money. Or better, insert yourself in an existing flow of money. That means see there money flows, go there, open a new business selling standardized products and promote yourself. You will get some of the existing flows of incomes, and hopefully reach a six figure income

- invest in something: create a franchise, invest in real estate, create a patent. This way you will get money when you sleep and you will put your money to work, not your time.

You need to have a big objective, that will focus your activity towards it. A six figure income could be such objective. Also, you need to set daily, monthly objectives, that will work towards the big objective. Try to be smart earning that big income :)

Share/Save

I discovered that 1 + 1 = 5 :)

Correct. If you want to evolve faster, much faster then normal, you should create with your friends a working group. This way, you will share, learn, test, innovate deploy much faster any idea related to your line of work then by working alone. Making money is much easier if you consider a networking effect, where you can benefit from other people with same interest. And instead looking at them as competitors, use them as partners, to move up faster.

I hope this advice on how to make money will really help you not to be too stuborn and learn to leverage your resources. :) Make more money dude ;)

Share/Save

Ever wondered how to make 9000 usd/month from the internet? And are you tired of get-rich-quick schemes where you need to pay something in advance to make the fortune?

Here is a simple calculation.

9000 usd/month = 300 usd/day

300 usd/day = 30 clients that gives u 10 usd each for your efforts

So, if you have a site with 600 visitors per day, interested in one domain and one domain only, can you convince them to buy something from that domain through you, so you can get a commision? Let’s say, 10 usd/person? :)

So, if from those 600 visitors per day, 30 buys (that means 5%), here u go, u are making 9000 usd/month. Simple!

So, if you have a site for parrots, cars, ballerina shoes, e-books, software… and the value of a purchase is 20-30 usd, you can easily get those 10usd commission.

So, good luck ;)

Share/Save

You know what is the best advice that you will ever get regarding how to make money?

STOP WORKING!!!!!

Because working kills your brain. It makes u dumb. If you work for others from 9-5 (or in this crisis from 9-9), you will get tired too soon to be able to think for yourself. So you will hit the bed too soon and next day the cycle continues.

So, if you want to make money, U need to force yourself to have quality time to THINK. Because thinking will get you money, not working like a slave for your owner. :)

Good luck :)

Share/Save

Who doesn’t? :)

It’s good to be greedy. Studies shows that greedy people live longer, because they keep their neural activity muck intense, thinking how to make money. :)  It’s the same like the british studies which sais that people living at the first floor live longer then people living at the tenth floor. Why? Because the first floor guy always climb the stairs, the 10th floor guy always take the elevator :)

So, I need money. And in order to do this, I so that the most important thing is to be FOCUSED. If you are not focused, you will not being able to make money. Unless marginal figures, which does not worth mentioning. Real money are done through focus. So, if you need money, you should KEEP THE EYES ON THE BALL!

When you say I NEED MONEY is the first step in getting somewhere. But the sad part is that 99% of the people only say that, they are not DOING anything.

So, if you are aware that you need money, what are you doinf in this respect? Are you doing something active? Are you waking up every morning with a burning desire to achieve your objectives for that day? Do you have objectives for the day, by the way?

Repeat after me: I NEED MONEY. then make a list. Then stick to it. Perseverance will get you there! You only need to build momentum. Otherwise your efforts will be spend in vane. To make a crazy comparison, your fart is much stronger when your ass is tigher and all the fart energy is goinf into a single point, then into a wider area. :)

Good luck. Make some money. But be focused first!

Share/Save