2 Things You Need To Know To Be Successful December 14, 2024 2 Things You Need To Know To Be Successful YouTube and social media are filled with advice on how to get rich, how to become successful and how to become the next billionaire. If you want to know how to be successful at just about anything, according to the “experts”, you can find it on YouTube. Here comes the big but. But, most of these experts leave out this most basic thing. These 2 simple things you need to know to be successful...
8 days ago • 2 min read
Is Your Business Sellable? December 7, 2024 What is the ultimate intent for your business? Do you know? It’s a good idea for any business owner to have an exit strategy even if you plan to keep it forever. And by the way no one keeps their business forever. Everyone quits their business one way or another. You either sell the business, you leave it to someone like children or your spouse, you lose it in some kind of legal wrangling like a divorce, or you just shut it down and walk away for...
15 days ago • 3 min read
Being Different November 30, 2024 I know that many of you out there are tired of trying over and over to find success. I get that way too sometimes. Sometimes we try new things but we go about it in the same old way because that’s all we know. Maybe the problem isn’t what you try. Maybe it’s how you go about it that’s the problem. Tony Robbins is fond of saying “If you do what you’ve always done you’ll get what you’ve always gotten”. He’s exactly right. Yes, you can look at how other...
21 days ago • 2 min read
The Area In Between November 23, 2024 The Area In Between There is an area between being poor and being rich. It can be thought of as a transition area. There are those who are transitioning up from poor to rich and pass through this transition zone. And there are those who are considered rich who for a variety of reasons have slid back down into this zone. Traversing this area can be difficult and dangerous. It’s where we take risks, where we overreact, and where we let fear into our...
29 days ago • 3 min read
Why Do People Fear Debt? November 16, 2024 Why Do People Fear Debt? Debt is a funny thing. Most people have it. Most people need it. And most people fear it. Why do most people fear debt? They Fear Debt Because Debt Controls Them. This is where most people are. They fear debt because it controls their lives. Humans (and all animals) naturally fear anything that traps them. The Wrong Kind Of Debt We use credit cards to buy depreciating assets and consumables like televisions, clothing items,...
about 1 month ago • 3 min read
The Triple Net Lease November 9, 2024 Sounds boring! It can be until you start looking at what it means and how you can benefit from a Triple Net Lease (NNN). What is it? The NNN lease is a type of lease used in commercial real estate. If you are considering investing in real estate you need this information. It’s very simple. You own a commercial property. You lease it to a tenant and use the NNN lease. That means in addition to the base rent, the tenant pays the property taxes, the...
about 1 month ago • 3 min read
Time Profit November 2, 2024 While I was recording this week’s Financial Momentum podcast episode about live events (click here to listen), an idea popped into my head. It was the idea of Time Profit. What in the world is Time Profit? The definition of profit is simple. The simplest definition is from the Merriam-Webster dictionary – Profit: A valuable return. A Biblical definition is: Profitable means that it is valuable and beneficial for us. I used it in reference to live events. Is there...
about 2 months ago • 2 min read
The Value Of Live Events October 26, 2024 It seems like everyone is doing live events lately. Network marketing companies have been doing them for decades. Everyone who has a software platform (SaaS companies), and coaches of all types are hosting conferences, trade shows, workshops and seminars, and large annual conventions/conferences. The live event has gained a huge amount of popularity in the post covid world where people grew tired of virtual events. Virtual events are still a popular...
about 2 months ago • 3 min read
Don't Forget About Living October 19, 2024 Yesterday my wife and I went to the grocery store to pick up a few things. At the checkout counter we noticed a box of candy bars right in front of us next to the pay terminal. That prompted a discussion and the guy checking us out, who apparently was an avid reader, began to tell us about the statistics he had studied on morbid obesity in the U.S. He told us they started putting candy on the check out counter because they are not selling very well....
2 months ago • 3 min read