Trident Press Wealth Creation Books

Saturday, August 20, 2005

Millionaire's Road, WHERE????

I want to be a millionaire!!!!!!!!!
WHY???
Well for as long as i can remember i have wanted this. I was born wanting this.
My reasons are probably security and success.
I am tired of struggling for money, tired of wanting things just out of my reach, Tired of dreaming.
I want to be able to help people, that takes money.
I want to be able to travel and learn about other cultures, takes money.
I want to live life to the full and not be dependant on a job, takes money.
I believe there is so much to life we miss out on working, worrying or holding back.
I am happy to work for it, happy to work hard for it but regardless i want to acheive this goal.
I plan on doing so by setting up and successfully running multiple busineses, some online, some not.
Buying property 1st one for myself soon and then many investment properties.
And finally invest in the stockmarket, paper assets.
This is probably many people's dream and has been mine for so long i am fed up with it. I am ANGRY, mostly at myself for not pushing, not setting deadlines and not taking continuous action. It drives me crazy!! But it's CRAZY that motivates me.
So i am setting this goal here and now in the hope that others may also.
I will state it clearly and as i've been told to do be specific!
GOAL
I WILL BE A MULTI MILLIONAIRE BY AGE 40!
There, specific and with a timeframe. (by the way i'm 32 now)
Now the steps i'll take.
Not completely sure on these yet but i'll write what i know.
1. Grow my new business so i have continued growth and can slowly exit from the running of the business by making it automated.
2. Set up AUSSIES START website (an affiliate site helping others set up new busineses) This will hopefully give me an income
3. Finish two other websites i've been working on and get up and running, also affiliate sites but with my own product attatched to one. Will fill you in later.
4. Buy my own house. Am in the process of doing this now with some help from my Dad as my funds fall short. Small house needs renovation then will buy investment properties from the equity.
This will do for now but i am going to put this all into a spreadsheet with timeframes and hang on my wall above me with tasks even down to the day, that way i am continually working towards my goal.
I really hope others will join me.
Write down your no 1 goal, make it huge, make it fun, find a hunger that motivates you then plan it out similar to above but in much more detail.
Till next time happy goal hunting.

STEP FIVE

We have our ABN!! WOO HOO!!!~
We also have one product. We brought a kit form which we made up today and was a great learning experience.
Very simple to use but now we know what we need to do to get it the way we want it and we can order the ingredients wholesale now and begin working out the costing.

So STEP FIVE would be making and testing our first product, fixing gliches and testing until we get it the way we want it.
More products coming next week so we will do the same then start the costing process.

Looking into wholesale and bulk buy for some of our products to make things more efficient.

Tuesday, August 16, 2005

STEP FOUR

STEP FOUR -
Decided on a basic product range.
Ordered some product online.
Our product is bought in bulk and handmade so we needed this to get started with the learning process and to make sure we actually like what we are proposing to sell.
More products will come as we have the money to buy.

I'm hoping the online side of sales will take off once people have tried the product as we will be selling via party plan also and people may not want another party but want more product.

Sunday, August 14, 2005

STEP THREE

STEP THREE - Brainstorm session at 2am.

I couldn't sleep for all the marketing ideas running through my head so up i got at 2am and wrote them all down.
I typed them up today. Things like products names, hostess ideas and gifts, can you believe even a TV commercial??
This would all be good and all except for the fact that as yet we don't have our ABN approved, no product or even materials to make, try them, no market segmentation or professionals on our team.

So all i can say is trust me to do things backwards and being that this is my own story on how my start up came to be then i guess this all qualifies as a STEP.

This goes to show the workings of my mind in a very clear way. Eg. I have gone from procrastinator (target market) to insomniac action girl in the space of a few days!
I don't mind the sleep deprivation as i get so excited and spurred on which can sometimes get me lost in the big picture so i think i need someone to bring me back down to earth and back to the boring details. I'm SO not that person.

To help you understand how my and others, yourselves included personality types can either help or hinder try this little test. http://www.oneminutemillionaire.com/tools/hots.asp so spot on you'll be amazed. The HOTS meeting is greet to check it out, While there check out the whole website and by the way his book The One Minute Millionaire is FANTASTIC! Opens your mind. (Not an affiliate link, YET hehe)

Here are my results so you can understand what i'm on about.

Your Answers Indicate A Hare Role
APPROACH: Conceptual/Spontaneous
DESCRIPTION: The Hare generates the concepts and ideas. They like to reframe the problem and look for solutions that may be unusual, unique,and/or outside the boundaries of traditional thought. Hares are good at exploring alternatives and perceiving the "big picture".
Hares want freedom from constraint, and when a rule exists they may break it. They may act impulsively, letting their feelings guide them. They derive satisfaction from the process of creating,discussing concepts and ideas,and overcoming obstacles.
When everything is in its place,the Hare may become restless,get impatient,and have a tendency to move from one subject to another.
CONTRIBUTION: Fresh,original concepts that go beyond the obvious,and are not constrained by fear of failure.
WEAKNESESS: Because the Hare enjoys generating ideas, they may move from one idea to another without stopping to evaluate the consequences.
If left alone to refine concepts,they will solve the problem within the problem within the problem,and eventually lose sight of the objective.
INSTINCT: Reframing problems to achieve breakthrough solutions,moving in new directions,examining possibilities without regard to risk.

Very insightfull. Let me know how you go and what type you are.

While on the subject here is another site i love with a goal challenge to write a list of 101 goals. So much harder than you'd think. Give it a go. http://www.markvictorhansen.com/goal_mining.php

Well as usual i've rambled on excitedly and lost track of my subject so i'll go do some real work haha.
Till next time.
Bye

Saturday, August 13, 2005

Easy Money!

One word - EBAY.

Why do i say this? Easy for beginners you still need to put in the work but it really is minimal for the possible gain especially the education you get.

I believe Ebay is a great starting place to not only learn web based business but to get you excited about it.

You can register for free here's a link www.ebay.com.au and just have a look around.
Once you set up an account you can buy and sell preferably sell as we want to make money here.
When you are aware of your fees and be sure to cover them you can make quite a lot of money if you pick the right products.
How do you pick the right products? search and research or like me trial and error. I was selling motorsport memorabilia and it can be extremely profitable. Find a similar niche or just something you love and go for it. Hobbies are best as you tend to know a lot about them and therefore write better ads.

Set the opening bid at whatever you can bear to sell it at plus costs and off you go.
Many people start by going around garage sales and then selling thier finds on ebay others get an ABN and buy off a wholesaler or dropshipper.

Either way you are learning, it's fun and it will inspire you to go further.

Goodluck

Aussie wealth creation help

I was thinking, if i'm having trouble finding wealth creation strategies specific to Australia then so must be others.

To rectify this i am going to start a website for Aussie Wealth Creation.
Until then (Shortly) here are a list of resources i've found to be a great help to me.

Wealth Creation
1. www.oneminutemillionaire.com
2. www.richdad.com
3. www.robertgallen.com

Business Systems
1. www.e-myth.com
2. www.ebay.com.au


Government Agencies
1. www.abs.gov.au
2. www.fairtrading.nsw.gov.au
3. www.acci@acci.asn.au
4. www.search.asic.gov.au/gns001.html

Forums
1. associateprograms.com/discus/index.php
2. http://forum.richdad.com/forums/


Ok that should get you started anyway. My favourites have to be The One Minute Millionaire book, Fantastic and another book great for opening the mind is The E- Myth, Unbelievable both of them. If we all did business this way we'd have an amazing future.

If you find anymore great sites let me know so i can post them on here or my new website.

Marketing Blah, Blah, Blah

I know i was supposed to be segmenting my market since the last post but it's a job i just hate to do.
I will as i know i HAVE to but these are the things i'd rather out source (If i had the money)

I was in hospital on Thursday just for day surgery to remove some pre cancerous cells so i'm using that as my excuse for not taking action but hey it's a pretty good one i think being the procrastinator that i am.

Today i will do my research and hopefully a few assignments on my course also.

Hope to have a little more to report next post.

Monday, August 08, 2005

Market Segmentation

Well today i began the long process of segmenting my market.
I find this rather difficult in the field i've chosen and more so being that it is a world wide business (well hopefully) I began the chore but have a long way to go.

I also worked more on my logo now i just have to work out how to get it onto the computer. I am doing a Graphic Design course via distance education at the moment so if i get up to speed in that i should have no trouble with my logo.

As mentioned earlier i have applied for my ABN and have to wait 28days or so to hear back. As of now we have no product still so i will order the kits tonight so we can start playing with it until we get the finished product we like. Our products are all things we can make at home so i will also buy some of the more everyday goods we will need and try them also.

Have to start working on label making soon too as that is what will sell the product and i don't know how to make round one!

Market segmenting is a huge task so i will go now and do some research online to get some stats.
Wish me luck!

Saturday, August 06, 2005

Blogger annoying me.

I have created two previous blogs which are in my edit posts but won't show up in blog. Frustrating me big time!!
Don't know how to fix it. So i'll publish this and see how it goes before doing anymore posts.

Friday, August 05, 2005

STEP TWO:

STEP TWO:
Tonight, I have to get an ABN (Australian Business Number) yes i'm an Aussie. We need this number to be able to buy our product wholesale and it tells the Tax dept we are operating as a business, so they can keep an eye on us..

Apply for the ABN tonight online.
Research some keywords for the website so we can use these in our marketing from the outset.
Research domain names, website hosts etc. Looking at Godaddy.com and a few others.
Possibly start our business plan.
Also have to look into an email address for hubby's business so i'll sort mine out at the same time.

I think that's enough for one night so i'd better get started.
Update you all tomorrow.

STEP ONE - THIS IS IT!

STEP ONE
Ok! So, I am all excited!

I have finally found a marketable product perfect for selling online.

Makeup and Bath products.
Yes you read right. Sounds a little old doesn't it? Especially when i mention i make them at home (Cringe, Think cottage industry) BUT I have a clever, unique name, logo, colour scheme which i believe is very marketable. It is the type of product range once brand is recognised that can grow astronomically.

I am hoping for strong growth but am focussed on doing what's nessesary right now.

Ok - So being a newbie in this field as a lot of readers may be i want to share the steps i take with you.
I want feedback!
I want to use this blog as my own kick in the pants when i start to procrastinate!!! Regularly.

I plan to stop procrastinating as i believe that we do so only because of fear. So i plan to be fearless. (Well if it's in the plan it has to be done right?:-)

So wish me luck on my journey, here are my first baby steps.

STEP ONE: Well i've already done this i guess in researching the internet for products. I found a few suppliers of the loose material needed for making makeup and bath products. They sell sets, DIY etc.

I actually stumbled across these while looking for other things but hey once found i can't leave the sites alone.
I read and read all information, cross check with other sites and save or print specific information. Next I put it to my mum to become a partner as we will need someone making the products, an office (she has a good one) and she is as bored at home as me. So now i have a partner. We brainstormed a name and after a few my dad mentioned one (The one) and it just clicked. You know it when you hear it. I love the name. The pictures started to flow in my mind and dad's as he's the creative type too. Before we knew it we had a logo (Well almost just needs critiquing)and a catch line. Our colour scheme was easy as it's a natural progression from our logo picture. So we shall use all of this in our stationery, any correspondance, stickers, labels, uniforms and website. Too easy!

I must say i love this creative stuff! It is my strenght! Just wait till i strat talking accountants or legals arghhhhhhh! Then i'll procrastinate.
Well on to step two. What next.