Author Archives: Ben

You Can Create Your Own Bank

This post is about personal financial matters so I want to be very clear right here that I am not a financial advisor and cannot give you financial advice. Honestly, I’m not even going to tell you directly how to do this, just how to find out how to do this.

Mike Dillard recently launched a new business called The Elevation Group where he is making critical financial training available to everyone who wants to participate. One of the things that he talks about is the benefits of creating your own personal bank. Sounds intriguing, doesn’t it?

Posted in Wealth | Tagged , , , , , | Leave a comment

Tax Time Again

It is April 15th again and time to hurry to get your income tax return to post office in time to get today’s stamp on it. Actually, I filed my tax return back in February, but April 15th is another tax deadline for those of us who are self-employed. It is time to file our First Quarter Estimated Taxes.

On April 15th we get to see both how close last year’s guess was to how much we actually made last year and we get to make our best guess to how much we will make this year. It can be a challenge because the IRS and the state revenue departments want 4 equal estimated tax payments on April 15, June 15, September 15, and January 18.

Posted in Wealth | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Home Based Business – A Good Reason

I met someone yesterday who has an excellent reason to look into a home-based business. She is the manager of a local department store photography studio.  The corporate office dictates the hours that her store is open without any input from her or feedback on what her customers need. She had to lay off all of her employees because the store isn’t open long enough to justify paying anyone and they aren’t making much money because the store is only open during the hours that her customers are at work. Talk about being a victim of Corporate America.

Posted in Network Marketing | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Responsibility – A Success Factor

Do you take responsibility for your successes and your failures?

I was listening to Bob Proctor’s Six Minutes to Success yesterday. At the point where I am in the series he is talking about the 11 characteristics of great leaders as Napolean Hill laid them out in Think and Grow Rich in the chapter on Organized Planning. In this particular video, Bob Proctor was talking about the 10th characteristic – a willingness to assume full responsibility.

Posted in Selling | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Building Financial Independence with Nikken

Network MarketingDo you know how to build financial freedom? Do you know what financial freedom is?

Financial freedom is the ability to go about your life, doing what you want to do, without having to worry about money. Sounds cool and maybe too good to be true, right?

Well, it is true because I know a few people who have it. I have blogged a lot about Loral Langemeier and I believe she has financial freedom. Some other people I follow that you may have heard of, like Mike Dillard, Bob Proctor, and Joe Vitale, also have financial freedom. Closer to what I’m doing, Reid Nelson and Dave Johnson are high-ranking Nikken distributors who have achieved it.

Posted in Network Marketing, Wealth | Tagged , , , , , , , , , , , , , | Leave a comment

Put More Cash in Your Pocket

Loral Langemeier has a new book coming out on October 13th, and they are expecting it to be a best seller just like her three Millionaire Maker books are.

I’ve talked about Loral several times here, mostly about her Cash Machine Workshop live event. The reason I devote so much time to her is that she is for real. She isn’t selling a program that requires you to spend a wad of money to learn a bunch of new skills so that you can hopefully start to make a little money in a year or two. She encourages you (at the live events she pushes you) to use what you already know to start making money today. Once you are making money, then you spend the money to hire the team that will support you.

Posted in Wealth | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

The Bad Economy and the Death of the Dollar

I was looking for something to listen to and came across Robert Kiyosaki‘s audio book – Increase Your Financial IQ. It was published in March 2008 and has some very good, current information. I highly recommend it. There was some important information in the first chapter that I want to share here.

In 1971 President Nixon took the US off the gold standard, which changed how our money works. Prior to 1971, the dollar was based on gold, which has intrinsic value. To save money was equal to saving gold, so it made sense to save money for retirement or college because it would hold value.

Posted in Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Your Customers’ Opinions Matter

Do you have a convenient, easy way for you customers to talk to you?

One easy way to stand out from the crowd is to be responsive to your customer, so it is important there are ways for them to interact with you. This is especially important when your business is only online.  An easy way is to allow your customers to post comments on a blog or to have a contact page where they can send you a message. But that’s only half of the equation. You also have to respond. Your standing with your customers will increase immensely if you actually answer the questions and comments they have. That will help you create a relationship with your customers because you have shown that you are a real person.

Posted in Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

Do You Have a Business Plan?

If your business doesn’t have a business plan then it is in your best interest to create one.

I heard about a study recently of 1600 businesses conducted over a 25 year period about how they used business plans. 70% of the businesses surveyed had no written or verbal plan of any kind, 27% of them had only verbal goals, and only 3% of them had their plan written down. What you need to know is that 98% of all the wealth in those 1600 companies was held by those 3% that had written goals.

Posted in Wealth | Tagged , , , , , , , , , , , , , , , | Leave a comment

Loral Langemeier’s Cash Machine Workshop

My wife and I spent the past three days as volunteer staff at Loral Langemeier’s Cash Machine Workshop in Atlanta and had an absolute blast.

If you don’t know who Loral is, then you need to find out about her now. She is the Millionaire Maker and she teaches people how to become millionaires in three to five years. She has several best-selling books, cd programs, a radio show and live events. Her remaining Cash Machine Workshops for 2009 are in San Francisco, Los Angles, and Seattle.

Posted in Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment