what does procrastination cost

What Does Procrastination Cost You?

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What Does Procrastination Cost You? Most people fail to understand the cost of procrastination when it comes to delaying investment decisions. Procrastination is the natural assassin of opportunity. Every day you delay in investing makes your goal of financial freedom at risk.

The Cost of Waiting One Year

It’s human nature to procrastinate and waste valuable time. Most people do not have a plan for savings. Even if they do have one, they say, “I will start saving next year” or “I’ll do it later.” Little do they realize that the costs of delaying are enormous. Even one year can make a huge difference.

Let me illustrate this with an example; let us say that Tom makes $5,000 annual contributions to a retirement fund that earns him an 8% return. He’ll have $1,932,528.09 saved by retirement. In case he waits, let us say, by five years, his annual contributions would have to increase to nearly $7,500 to save that same amount by age 65.

“Every gold piece you save is a slave to work for you. Every copper it earns is its child that also can earn for you. If you would become wealthy, then what you save must earn, and its children must earn, that all may help to give to you the abundance you crave” (George Samuel Clason, 1926).

You must stop fretting and start asking what does procrastination cost you in case you have lost a lot of investing time. There is nothing you can do about it. It is water under the bridge. There is no point in thinking or complaining about the past. Think about the future. You need to start today, right now, this very second! There is no time to waste. You can make a difference to your finances by making an investment today. Twenty years from now, you’ll be glad you did.

wealth creation

How Fear Can Keep You Poor and Destroy Your Wealth Creation Ability?

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The fear festering in your mind will keep you poor and is the biggest threat to the seed of wealth creation that you have in your mind; it is like a weed that has to be removed before you can succeed.

Fear is a distressing emotion aroused by impending danger, evil, pain, etc., irrespective of whether the threat is real or imagined.

Fear is a hard-wired emotion, triggered by our subconscious. As human beings, we naturally fear everything that is unfamiliar to us and anything from our past that has resulted in feelings of pain. These feelings signal our brain, which drives our actions in such a manner that causes us to avoid pain at all costs. We will instinctually go to great lengths to prevent circumstances that bring about fear and the stress that is created within us through that fear.

We are afraid of fear because we are afraid of pain. This creates a very real problem for us, in that, we are instinctively driven away from just about everything that would result in the creation of our own financial independence.

fearFear will always overwhelm everything that might bring about real change in our lives- it is unavoidable. It is in the nature of our brains to protect us from pain unless we make a conscious choice to achieve greater reward than the resulting pain brought about by what we fear.

DOUBT, FEAR, and ANXIETY are the three demons that bring our progress to an abrupt halt, right at the point when we are about to make a decision that has the potential to change our lives. Doubt creeps in and causes the fear, which in turn, causes the anxiety. The three can strike at lightning speed and freeze our decision-making capacity.

The demon of fear is, without a doubt, the biggest obstacle in our minds that does not allow us to nourish the seed of wealth. It is the fear of failure of losing all that we have achieved so far. It is the fear of criticism and ridicule. It is the fear of losing love and respect of our near and dear ones. It is always this irrational fear that holds us back from achieving greatness and financial success. 

What is the source of this fear?

What is it that causes us to freeze and lose our senses, rationality and the power to act? The primary cause of this debilitating demon is ignorance. Knowing this truth will set us free. That, in itself, is a beautiful truth.

You must understand that there is only one thing to be set free from and that is ignorance. If you analyze carefully, it is always the lack of knowledge, and the understanding of things and situations that causes fear. Let me explain: prior to the age of Enlightenment, thunder and lightning, like most unknown forces, were misunderstood and proved to be a source of great fear in the minds of people. Tumultuous nights usually scared people out of their wits, they did not comprehend what was happening. They would believe the Gods to be angry and felt guilty of their wrongdoings. It left a very deep impression of fear on their minds.

These days when science has explained the true nature of thunder and lightning, occurrences and fluctuations in weather do not cause any anxiety or fear in our minds. It leaves no impression whatsoever. We go about our daily works as if nothing has happened. It is a non-event. Fear burns in the fire of knowledge. Likewise, if you have the right financial knowledge, you will not suffer from fear of failure.

Similarly, our fears predominate due to the layers and layers of wrong inputs and impressions stored in our subconscious. These impressions were formed as a result of the education system that was designed in the industrial age: designed in an age where only few were privileged and the rest were trained mentally and professionally to be at their service.

Our parents and teachers, whom we loved and admired, were part of the same education system. They unknowingly passed the same knowledge down to us: become professionals, become doctors, engineers, accountants and lawyers. Get a job in a good company, work hard and be successful. No one taught us to be wealth creators. No one taught us the skills to be wealth creators.

Even the media, influencing public opinion profoundly, is a product of that old thought. We can’t blame them. They were educated in the same school of thought as most of us. They imbibed the fear of God into us. The economy is going downhill. Next year, there will be a recession: they rattle rising unemployment figures, oil prices, inflation rate, foreign debt, national debt and make comparisons with the great depression of the thirties, when everyone seemed to have lost their homes and jobs.

Fear, greed and sensationalism sells—rationality does not. No doubt we’re so afraid! Who would like to jump on to the bandwagon of uncertainties? Why take risks when you can get a decent job and survive? Fear is programmed in our memory chip in form of a blueprint that dictates our financial lives.

How to Overcome Fear?

We have to erase and rewrite that program if we have to succeed. Knowledge helps us to examine these fears and erase them from our systems.

Now look at the facts: our mindsets were created in a world that was poor. This was a time when there was a distinction between the privileged and the poor. These economic positions in life seldom changed. Either you were born rich or you worked for the rich. This has all changed now.

The world is moving forward at an unprecedented pace. Despite the doomsayers’ prediction by the media, the world is on a projected trajectory of great material advancement. You have to just assess history, starting from the industrial revolution, to understand the financial progress made by mankind. This pace has accelerated in the past 50 years and will increase in manifolds as the information age progresses.

There might be slight aberrations but the writing is on the wall for anyone to see. The wealth of the world is about to explode as never seen before—are you going to be a part of this expansion or get left behind?

At present, there are less than 0.1% wealth creators on this planet. This is going to change very rapidly because this advancing information age makes it possible to impart knowledge. Are you ready to acquire that new knowledge that will burn your fears and set you on path of great wealth?

Expand Your Mind State

You have made a decision to become an enlightened wealth creator; else you would not be reading this book. This is great…but be warned! Your inner nature is very powerful and strong; it is fortified by millions and millions of past impressions.

Our minds are like an elastic band: if the new force is not applied, it will try to snap you back and restore to its original position. You will need to keep applying the pressure of knowledge and burn your fears till you break free.

This is the stage where permanent transformation takes place and you do not go back to your original position. It is as though the rocket fueled by knowledge puts you into outer space beyond the pull of gravity. There is a saying that, “Once your mind expands it never goes back to its original state.” You will have to keep applying the pressure of Knowledge incessantly, till you find yourself in an expanded state of mind.

A rocket burns 90% of its fuel during its take off stage: once it defies gravity, very little energy is needed to keep it running. The same is true for a mind that wants to grow to an expanded state to create wealth.

All information that is recorded in our memory passes through a processor in our minds before it is recorded. The previously stored data that is recorded in our systems interferes with the processor as it analyzes incoming data. We have the capacity to change our blueprint by first erasing the old blue print by burning it in the light of new knowledge.

As the old data gets progressively removed from our systems, its interference reduces, and the capacity of our mind’s processor improves. The process is very slow as there are layers and layers of files accumulated in our system. Some of these are like viruses that continuously affect the capacity of our processor to analyze data correctly.

It is a catch 22 situation: our processors are affected by the same files it is trying to analyze, which makes the task very slow and tedious. However, we can make a quantum jump in our processing capability by upgrading our processors, by increasing our financial, emotional and spiritual intelligence.

Once you gain financial, emotional and spiritual intelligence there is nothing in the world that will stop you from becoming wealthy.

financially stable

Are you Financially Stable?

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For Financial Stability Stand on Two Legs

Have you tried balancing on one leg? It will be extremely hurtful and probably, you will fall after some time. It is not only stressful but highly risky to stand on one leg – the same holds true in your financial life. If you stand on one leg, you will definitely fall and hurt yourself, yet so many people keep standing on one leg financially all their lives.

To be financially stable you must stand on two legs:

  • Employee + Investment
  • Self Employed + Investment
  • Business + Investment

Investing is the key to be financially stable, whether you are an employee, self-employed or in business. Most people opine that the clear majority of people in jobs who do not invest are financially vulnerable. You will be surprised to learn that even very smart businessmen do not invest and their financial empire collapses because of this reason. There are smart guys who build a great business and sell it for a profit of millions of dollars. They then want to repeat the process and start a new venture only to lose their entire capital.

Businesses as they grow demand more and more money. In some cases, businessmen continue pouring money in expansion of their business rather than investing a part of their profits outside their business to gain financial stability.

Even a most profitable business standing on one financial leg is unstable. Smart businessmen, however, choose to do otherwise: Bill Gates sells his shares of Microsoft every year and invests in other areas to continue growing rich.

Max Stability

The strongest two financial legs are: business + investor, because you generate excessive cash flow from a well-run business to invest in passive income investments. Employees and self-employed people are limited in their capacity to create huge cash flow because they do not have tax advantage, leveraging power or time freedom for wealth creation. They can become wealthy if they invest intelligently but will find it extremely difficult to create accelerated wealth.

Let us examine in detail on how you can systematically graduate from your current situation to create not only financial stability but sustainable wealth that can last for generations.

In this commandment, we will focus on how you can create sustainable wealth by standing on two strong financial legs.

Sustainable Wealth – Rich Vs Wealthy

What is sustainable wealth? The answer to this question is in this statement by Robert Kyosaki: “The rich have lots of money but the wealthy don’t worry about money.”

It is important to understand the difference between being rich and wealthy. A rich person can have a lot of money and possessions but a wealthy person has adequate passive cash flow to fund his or her lifestyle whether they work or not. You will be surprised to know that there are very rich people in high paying jobs who will not be able to sustain even a very basic lifestyle if they were to lose their job for some reason.

Why High Income Earners are not always Wealthy?

financially stableYou will also be surprised to learn that a very large percentage of high income earners such as sports persons, movie stars, doctors, engineers etc. who buy expensive cars, boats, houses, clothes, jewelry and even fancy planes to impress people; they do not believe in investing and lead financially unsustainable lifestyle. They often appear to be rich but are going nowhere – they have money they spend recklessly, but a lot of expenses that keep them worried at night.

Have you heard about Mel B of the Spice Girls fame? She earned over $50 million and blew it all up on fancy cars, private jet holidays, clothes and shoes. It is claimed that she never wore a dress twice. Her financial miss-management highlight was a gift of an island to her beloved husband who later divorced her and sued her for money – Mel is the perfect example of being rich and not wealthy.

What is Wealth?

Wealth means number of days/ months/ years you and your family can survive without physically working and still maintain a standard of living you are used to. If you can survive only for a few days or months, then you are not doing well. If you can sustain your lifestyle indefinitely without working, you are wealthy. You are super wealthy if you not only sustain but constantly keep increasing your wealth each year without working.

Creating Sustainable Wealth

Your aim should be to create sustainable wealth. This is only possible by standing on two strong financial legs—one of which is investing. If you wish to be wealthy, you have to continually buy assets that give you passive cash flow. As you buy more and more assets, your cash flow will grow and make you wealthy.

As a matter of principle, you have to keep your expenses less than the cash flow your assets are generating and with the surplus cash, you need to continuously buy income producing assets –this will not only keep you ahead of inflation but also compound your wealth.

Your first step to financial freedom should be to become wealthy. Your next step should be to become rich and wealthy.

power of leverage

How to Maximize the Power of Leverage to Grow Rich

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To create wealth you have maximize the power of leverage. There are three accelerators that can help you fast track your endeavor.

Acquire a Mentor

You can avoid making mistakes on the learning curve by finding a mentor who can guide you through the whole process. Your mentor has climbed the mountain—he knows the terrain and knows what works and what does not work. You can learn from the process and avoid making mistakes.

In addition, your mentor has systems. The most efficient facet of leverage is to transfer your mentor’s systems to your use. Learn from those systems and apply those systems to your business, real estate, stock market and internet.

Acquire a Team

Nature made us incomplete—we have incomplete knowledge and experience; we have to collaborate and build dream-teams to fill gaps in our knowledge and competence to succeed. Our teams can fill up our blind spots.

If you want accelerated leverage then find a competent team to help you. Your team will help you go faster. A 4X100 meter relay team runs much faster than an individual runner.

Your team can consist of people with expert knowledge in their respective fields. They don’t have to be your employees but should be available for advice. For instance, if you are a real estate investor your team will consist of your accountant, solicitor, and real estate agents who bring you deals, mortgage broker and your builder/ handyman. If these people are property investors, they will be able to give you better quality advice.

leverage

Before you start building your network, find your core group that will help you build your network. When like minded, joyful and success-oriented people work together, enormous energy is released. Try and avoid people with negative energy around them—they will drag you down.

Your core group or dream-team will provide the synergy to create an invisible force that will attract people to your network. 1 + 1 is, not 2, but 11. The sum of the parts is far greater than the whole. This is what your core group can help you achieve.

Jesus selected a core group of 12 men, and the world was never the same again. Their network and influence has lasted over centuries and continues to expand even today.

Bill Gates and Paul Allen collaborated to found Microsoft and became the richest men of all times. Larry Page and Sergey Brin founded Google that is used by millions of users and is presently expanding incessantly.

Facebook, which is the biggest networking platform of all times, was created by a team of four Harvard University students: Mark Zuckerberg, Dustin Moskovitz, Eduardo Saverin and Chris Huges. The examples that history provide are endless.

A core group constituted of an aligning team (that is not pulling in different directions) will always out-perform an individual. So, don’t try to do it alone. Build a core group first and then your network.

Loverage

Mike Littman coined the term ‘Loverage’. If you love what you are doing and are spiritually and emotionally connected with it, then success will come much easily. When your thoughts, mind, body, emotions and spiritual self are congruent you achieve unassailable heights.

Ask any sportsperson about their greatest sporting moments, and you’ll find them acknowledge that at the height of their achievement, their mind, body and spirit dissolve into a singular force. Do what you love doing and you will apply the ‘Loverage’ even without knowing.

Accelerated Wealth Creation Through Leverage

There is no such thing as a hundred percent leverage. It is a myth perpetuated by certain vested individuals who want to market their books and products. There will always be some financial, time, and effort commitment in the beginning. In due course, as the business or investment progresses, finance and time involvement can be reduced, and leverage increased.

The above arguments should not dissuade you from using leverage with prudence and intelligence. Leverage, without doubt, is the most important and powerful tool in the armory of wealth creators. However, it is of paramount importance to understand its correct usage before applying it in a fit of excitement. Initially, start applying small forms of leverage and as your confidence grows, you can increase the amount of leverage to one that you are comfortable with.

Even if you start applying a little bit of leverage in your life, you will be amazed at the results. Leverage is power, strength and intelligence.

Mark Victor Hansen and Robert Allen, in their book ‘One Minute Millionaire,’ provided a formula:

Leverage = Speed = Goals

This, in my view, sums up how you can use leverage to reach your financial goals within the shortest period of time. You can increase your returns from 5-10% offered by banks and financial institutions to over 60-70%, or even higher through leveraging.

Remember, without applying some kind of leverage, there is no possibility of creating accelerated wealth.

Is there a Co-relation Between Giving Money to Charity and Becoming Richer?

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“The meaning of life is to find your gift. The purpose of life is to give it away.”

Pablo Picasso

Have you ever wondered why Bill Gates has pledged 95% and Warren Buffet 99% of their wealth away to charity?

Have you also wondered why Bill Gates continues to be the richest man in the world after having donated over $38 billion to his foundation? His wealth continues to grow at an ever increasing pace even as he donates.

Bill Gates and Warren Buffet are not alone; there are other billionaires who have pledged to give a major part of their wealth to charity. These include Microsoft cofounder Paul Allen, Manoj Bhargava the founder and CEO of 5-Hour Energy, Spanx founder Sara Blakely, Patrice Motsepe founder of the mining company African Rainbow Minerals, Virgin Group founder Richard Branson, The chairman of Indian consulting and IT company Wipro Azim Premji, Facebook founder and CEO Mark Zuckerberg. The list of these great individuals is simply too long to include here.

This brings us to the question “Is there a co-relation between giving money to charity and becoming richer?” Have these billionaires found some secret to wealth creation that we don’t know. Can we apply the same principles to increase our net worth?

We don’t learn this from wealth creators alone. Every religious book that I have read or spiritual leader I have met teach that in act of giving we truly receive. We can be cynical about religion or spiritual practices but we simply cannot deny the teaching or the evidence.

 

“The charitable give out the door and God puts it back through the window.”

                                                                                                —Traditional proverb

Every wealth creation book that I have read, seminars I have attended or knowledge gained from mentors emphasize the fact that giving leads to wealth creation. I certainly know this from my experience in life: whenever I gave, I received and whenever I was stingy, some misfortune happened in my financial life.

Let us examine some research findings on this subject.

Research

Logically speaking it does not make any sense as to why giving away your hard earned money should result in increase of wealth. However research on co-relation between giving and increase in wealth by Arthur C. Brooks of American social scientist and president of the American Enterprise Institute shows that there is connection between the two.

Arthur analyzed data from SCCBS (The Social Capital Community Benchmark Survey). The data included a survey of about 30,000 people of different education background, race, age, religion in over 40 communities in the U.S. They were also from various socio-economic backgrounds. The survey revealed the following:

  • The people who gave money to charity made more money than those who did not.
  • Giving increased by 7% when wealth increased by 10%. This means as a person got richer he could give more.
  • People who volunteered for social causes made more money than those who did not.
  • Charitable impulse of volunteering made these individuals donate more money than others.
  • Giving is about charitable impulse and not only about money. You can get the same results by donating time, sharing knowledge, giving food or for that matter blood.

In his final Analysis, Arthur found that regardless of income, a family who gave away $100 more than another family, in the same earning bracket, earned on an average $375 more than the other family as a result of generosity. He found that this was also true for the organizations and countries that gave away money to charity. In the past 50 years, the per capita of Americans has risen by 150% with an increase in donation of 190% within the same time frame.

This finding is supported by that of data from Statistical Abstract of United States. $100 in giving away resulted in an increase of GDP by more than $1800. America being one of the most charitable nations has benefited by being one of the richest.

Sir John Templeton, investor and one of the greatest pioneer of mutual funds of 20th Century stated “I have observed 100,000 families over my years of investment counselling. I always saw greater prosperity and happiness among those families who tithed than among those who didn’t.”

There seems to be some logic in these findings after all! Statistical evidence bears witness to the fact that giving leads to more wealth. But we still need to explore as to why this happens.

the power of compounding

The Power of Compounding – Study Done by Market Logic

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In order to emphasize the importance of time in the power of compounding, I am including this extraordinary study done by Market Logic, of Ft. Lauderdale, FL 33306.

In this study we assume that investor B opens an IRA at age 19. For seven consecutive periods, he puts $2,000 in his IRA at an average growth rate of 10% (7% interest plus growth). After seven years, this fellow makes NO MORE contributions—he’s finished.

A second investor, A, makes no contributions until age 26 (this is the age when investor B was finished with his contributions). Then A continues faithfully to contribute $2,000 every year till he turns 65 (at the same theoretical 10% rate).

Now study these incredible results: B, who started investing at an earlier age and who made only seven contributions, ends up with MORE money than A, who made 40 contributions but at a LATER TIME. The difference in the two is that B had seven additional years of compounding than A; those seven early years were worth more than all of A’s 33 supplementary contributions.

I exhort you to introduce this study to your kids. It reiterates the fact that the earlier you start, the richer you will be.

INVESTOR A INVESTOR B
Age Contribution Year-End Value Contribution Year-End Value
8 0 0 0 0
9 0 0 0 0
10 0 0 0 0
11 0 0 0 0
12 0 0 0 0
13 0 0 0 0
14 0 0 0 0
15 0 0 0 0
16 0 0 0 0
17 0 0 0 0
18 0 0 0 0
19 0 0 2,000 2,200
20 0 0 2,000 4,620
21 0 0 2,000 7,282
22 0 0 2,000 10,210
23 0 0 2,000 13,431
24 0 0 2,000 16,974
25 0 0 2,000 20,872
26 2,000 2,200 0 22,959
27 2,000 4,620 0 25,255
28 2,000 7,282 0 27,780
29 2,000 10,210 0 30,558
30 2,000 13,431 0 33,614
31 2,000 16,974 0 36,976
32 2,000 20,872 0 40,673
33 2,000 25,139 0 44,741
34 2,000 29,875 0 49,215
35 2,000 35,062 0 54,136
36 2,000 40,769 0 59,550
37 2,000 47,045 0 65,505
38 2,000 53,950 0 72,055
39 2,000 61,545 0 79,261
40 2,000 69,899 0 87,187
41 2,000 79,089 0 95,905
42 2,000 89,198 0 105,496
43 2,000 100,318 0 116,045
44 2,000 112,550 0 127,650
45 2,000 126,005 0 140,415
46 2,000 140,805 0 154,456
47 2,000 157,086 0 169,902
48 2,000 174,995 0 186,892
49 2,000 194,694 0 205,581
50 2,000 216,364 0 226,140
51 2,000 240,200 0 248,754
52 2,000 266,420 0 273,629
53 2,000 295,262 0 300,992
54 2,000 326,988 0 331,091
55 2,000 361,887 0 364,200
56 2,000 400,276 0 400,620
57 2,000 442,503 0 440,682
58 2,000 488,953 0 484,750
59 2,000 540,049 0 533,225
60 2,000 596,254 0 586,548
61 2,000 658,079 0 645,203
62 2,000 726,087 0 709,723
63 2,000 800,896 0 780,695
64 2,000 883,185 0 858,765
65 2,000 973,704 0 944,641
Less Total Invested: 80,000   14,000
Equal Net Earnings: 893,704   930,641
Money Grew: 11-fold   66-fold

 


Remember that as time passes, the power of compounding accelerates dramatically. If you’re a young person, all you need to know is that you must start early to stay ahead in the game of compounding and wealth creation. The best time to plant a seed was twenty years ago; now is your second opportunity to do the same. Do not waste a day!

How to Beat Inheritance Tax

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Inheritance tax can be huge in some countries. They can dilute your wealth assets substantially when passed from one generation to the next. For instance on the death of a person the assets will pass to the surviving spouse who may be equally aged. There will be payment of inheritance tax. Within few years the assets will be taxed again as the property passes from the surviving spouse to the children.

Through proper planning, inheritance tax liabilities can be reduced or eliminated altogether.

Joint Holdings

In jointly holding assets, there is nothing to transfer when one of the joint holders dies, which also reduces income tax liabilities when the joint holders are alive.

Transfer Estate to Your Loved Ones when still Alive

You can transfer money and assets to your nominees before you die. There are limits to how much you can gift each year. The amount you can transfer will differ according to laws in each country and you must consult your accountant before transferring money or assets.

Leave Something to Philanthropy

Anything you leave to philanthropy is free of Inheritance Tax so it can be a helpful method for lessening your Inheritance Tax burden – at the same time, giving money for a noble cause.

Put your Life Insurance Cover in Trust

If you do this, payout from the life insurance will go into the trust directly. Your beneficiaries will get the money without paying any inheritance tax. You simply have to inform your insurance company and they will do this free of charge.

Set up a Trust in your Will

This kind of a trust comes into existence only when a person dies. It facilitates transfer of assets to surviving spouse through sale of shares in return for an IOU. When the second person dies the loan is repaid thereby saving inheritance tax. This is a very complicated trust and needs to be set up by experts.

Pension Arrangement

Lump-sum payments on death like insurance should be paid into a trust so that they can be transferred to beneficiaries with paying inheritance tax.

Tax Saving Investments

There are several investments that are exempt from inheritance tax and you may consider investing in them in time. A word of caution: you should not invest in such schemes blindly simply because they are tax efficient. You must look at each investment on merit after taking into account tax benefits. There is no point in buying a bad investment simply to avoid paying tax.

Final Thoughts

“The rich man is a fool who dies without arranging his affairs to assure that his wealth does well during his lifetime and after his passing.”

Arraigning your affairs means that you should start taking actions when you are still in your prime and not leave it for too late in life. You can put your wealth to great use in your lifetime and with proper planning, ensure that it continues to be productive long after you are gone. These include educating all stake holders, using proper asset protection vehicles and planning transference of wealth to the next generation.

How to use Guest Blogging for Effective Free Traffic Strategy

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In this post I’ll share with you how Guest Blogging is an effective Traffic Strategy for free and my top strategies for driving a ton of free traffic with Guest Blogging to your website, YouTube video or Facebook post. Once you learn these strategies you will drive insane traffic to your website or opt-in page of your choice.

To start search for open Blogs in your niche. This will help you build your list and understand how to become a Guest Blogger.

TIME VS. MONEY

As mentioned in the first introduction there are two ways for an effective growth in a business. You can choose between putting time or money.  This means that either you are driving traffic for free with time-intensive methods or you are buying traffic by paid Ads. As we move on, we will show you the methods like free guest blogging and how to increase visitors to your opt-in page by using these methods. This may take some time but the quality of the traffic is usually high.

FREE TRAFFIC FROM OTHER PEOPLE’S BLOGS

Guest Blogging is one of the best sources of a high-quality traffic. If you haven’t heard of blogging yet, then you are living under the rock! So, what is a blog? Blogs are websites on which people or the so-called experts discuss their topics in a casual, essay-like format. Guest blogging is when another person (it can be you) writes a post on someone else’s blog.

LET ME GIVE AN EXAMPLE…

Jim made a blog about classic cars. He loves looking over different models and how they are updated and chopped.

Phil, on the other hand, is looking to grow his own list on classic cars models and shows. So, he asks Jim if he can write a blog for him. As soon as Jim reviews Phil’s work, he agrees and posts it on his blog.

This post will create a traffic for both Jim and Phil’s opt-in page.

In this situation, you would most likely to be like Phil who is the guest blogger.  He is most likely using free traffic methods: it is all about scratching someone’s back so they can scratch yours.

Here is a way how to maximize your ability in driving traffic through guest blogging:

ESTABLISH YOURSELF AS AN EXPERT

This can be achieved in a variety of ways and the easiest method is to make sure that you have a blog of your own. The content must be good and valuable and also must be well written.

If you think you are not a good writer yourself and you have trouble coming up with what to write, you can always hire someone to write your blogs for you. There are a lot of websites where you can hire good freelancers at affordable prices.

The other way to establish yourself as one of the experts is having an amazing opt-in page and a newsletter with a GREAT content in it.

CONTACT THE BLOG OWNER

As a Guest Blogger once you have a quality content, it is time for you to search for someone who has a blog.

Search for blogs in your niche. Just this simple: Google [your niche] + blog. Also, check if the owners of other lists have a blog online of their own. Look for blogs which have the most traffic and comments. If you think they are already accepting guest bloggers, then those are the ones to target.

Contact the blog owner and send a short portfolio of your best writing. Offer yourself to write him a guest blog for FREE. Let him know that you will direct traffic to his blog. For the blog owner to view the guest blog that you have written you will need to send a link to the post directing to YOUR link.

HOW DOES THIS HELP YOU?

First, it does help you with your credibility in your niche. You can now be established as an expert in your field.

Second, you can mention your own blog or you’re Opt-in in the guest blog that you have sent over. This will immediately attract  people who are interested in your niche.

And third, this will help you build a relationship between you and the blogger, which may leverage this into free traffic.  Either way, they can pay you back by writing a blog post for YOUR blog or newsletter. They might also mention you in their newsletter. Guest blogging is very effective.Ideas To Make Extra Money

To sum up:

  • YOU SHOULD know what a blog is by now.
  • Establish yourself as an expert.
  • Contact bloggers who get lots of comments and traffic.
  • You should work with them.
  • Leverage your post – and the relationship –and turn them into subscribers!
  • Remember Guest Blogging free strategies and their benefits.

Daily Routine to grow with Guest Blogging:

  • Go over the blogs you pulled up while doing this lesson.
  • Read around, and search for posts that get lots of comments. Take note of the titles.
  • Come up with a list of at least 5 blogs where you could write, together with some ideas for titles for each one.
  • Try to find the contact information of the owners of that blogs. For some, there would be a contact form right on the site.
  • Make a plan to contact the owners for your ideas.

 

The Wise Marketer Knows…

Everyone likes someone who is helping them for FREE.

What appears as “free labor” to them may be a great value opportunity for you!

Always become an expert in your niche and showcase this through writing guest blogs.

This will help you increase your online presence and will drive people to see your list, which can be converted into SALES!

If you found this post ‘How to use Guest Blogging for Effective Free Traffic Strategy’ helpful then please share it with others who can also benefit from it. Please leave a comment with your views or any questions you may have. 

 

real estate investment strategies

Top 10 Real Estate Investment Strategies

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My top 10 real estate investment strategies that you can use to create wealth are enumerated below:

Property Assignment – In this investment strategy you negotiate and find a property deal. Get the property under contract and then pass it on to a real estate investor for a fee.

Contemporaneous Settlements – This is a property transaction in which you buy and sell property on the same day. If this investment strategy is applied correctly you can make a fantastic profit without having the need to settle or raise a mortgage.

Buy off the Plans – By using this investment strategy you benefit from the developers and buy property at a discount off the plans. Generally, by the time property is constructed there will be some capital appreciation.

Delayed Settlement – By putting a property under contract and delaying settlement you get the advantage of capital growth when the market is moving up. Alternately you can use the time to make improvement to the property and increase its value.

Use Credit Cards to Purchase and Renovate Properties – This is a good investment strategy wherein you use zero interest money from credit cards to make the down payment and increase the value of your property through renovations. You then refinance the property to pay of the credit card debt before it becomes due.

Use Non-Traditional Lenders – By raising capital from second tier lenders, private investors, equity partnerships, bridging finance you can pump up your profits dramatically.

Vendor Finance – By using this investment strategy you can buy No Money Down properties.

Negative Gearing – When this investment strategy is used correctly, it is like getting interest free loans from the Government in form of tax refunds. Negative gearing is advisable only for individuals who have very high cash flow and taxable incomes. I personally do not subscribe to this strategy, but it’s important that I state it explicitly because as an investor, you will come across this terminology when developers are trying to sell overpriced properties.

Equity Release – This is another great investment strategy to use your equity to either buy more real estate or fund your life style. Better still the money is tax free cash.

Lease to Buy Options – There is a saying in real estate: “it is not how much property you own that matters but how much property you control.” By using ‘lease option investment strategy,’ you can control a very large amount of real estate without buying it. In a lease option, you lease a property with option to buy later when you have the money. By putting lease to buy option in your agreement, you control the property and capital appreciation will accrue to you when you buy.

Foreclosures – Many investors become experts at buying properties at foreclosures or mortgagee sales. By applying this investment strategy alone, you can become a very successful real estate investor.

This list is not comprehensive but only indicative.

Each real estate investment strategy has its place and can be used effectively to meet your stated goal in life. Which strategy you use at a point in time will depend upon your plans based on personal circumstances and the position of the property cycle. But whatever strategy you use, you should do it with a very clear objective; you should always have an exit strategy in place in case things don’t go as per your plans.

You will need to define your real estate investing principles and goals clearly before embarking on a particular strategy.

How to Increase Free BLOG Traffic: COMMENTING effectively

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In this post let me share with you my top strategies for driving a ton of free traffic with Blog Commenting to your website, YouTube video or Facebook post. Once you learn these strategies you will drive insane traffic to your website or opt-in page of your choice.

Social Media as we all know is more than a buzzword. For years, successful campaigners used Social Media and especially Blog Commenting to grow their lists and it has been proven. This is an easy to use social media tool that can help you drive traffic to your opt-in page. Start with few influential blogs in your niche.

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BLOGS ARE BIG FOR TRAFFIC

Blog commenting is all about driving traffic to your opt-in page. But unlike forums, blog commenting often is not only to answer some questions, rather to use your blog to share your own thoughts and ideas effectively and generate traffic.

Let me give an example for this…

A forum member asks a direct question like “How do I grow my business?”

A blog or a blogger on the other hand, simply posted an article like

“3 Ways to Grow Your Business FAST.”

A Forum does require an answer but a blog post doesn’t.

On the other hand, it doesn’t mean that blog post has no room for inputs even though it doesn’t require answers at all.

When to look to drive traffic through commenting:

Drive Traffic – Blogging for Beginners

This is like forum. You don’t forget to use this kind of opportunity to drive traffic. So, remember that your comments must include a link to your opt-in page.

In setting up the commenting function for the blog it usually depends on the blogger but you must be able to do one or more of these:

  • Link your Username – the nickname you put that appears at the top of the comment leading to your opt-in page.
  • Use a link right inside the comment. Don’t ever overdo this!
  • “Sign” all your comments using your opt-in page URL by just putting the link under your name at the end of the comment.
  • Blogs where links placed on the comments are not allowed. You must create a profile and fill out the “URL” section together with the link to your opt-in page. If you continue to post good and informative comments, people will check out your profile and will click on that URL.

Using my “RSS Trick” To Comment IMMEDIATELY

RSS feeds are a cool piece of modern technology that allows you to receive automatic blog updates as soon as they have been posted.

An example of this is when you subscribe to the RSS of my feed, and as soon as I post something on it, it will be on my RSS feed right away.

Here is a cool trick on how to get the biggest bang from blog comments using RSS FEEDS:

STEP 1: You can download a RSS reader or you can just subscribe to an online one. This will allow you to receive RSS Feeds. You can search good and free ones by simply searching on Google.

STEP 2: Subscribe to the biggest blogs that can be seen in your niche

STEP 3: When someone publishes a new blog post, it will appear on your RSS feed RIGHT AWAY.

STEP 4: Now all you should do is to go to that blog and write down your comment! With this kind of trick, you can be the first person to comment on that new blog post.

Your comment will appear at the top of the page, and this means that more people will be able to read it, which means more potential traffic.

Give Worthwhile Inputs

You don’t just post a comment just for the sake of commenting, like “Great post!” Give the author and the reader something that can overwhelm their hearts or a little extra something too – some ideas, reactions or even a bit of controversy.

If the post for example is like this “3 Ways to Grow Our Business FAST!” you can insert a fourth tip on how to grow the business, in detail. By doing this you are contributing to the conversation by the helpful hints and establishing yourself as an expert.

Compliment the Post in a Creative Way

The best way when offering an additional tip is to make sure that you acknowledge what you like about the article. Example:

How To Be Financially Intelligent
This will position you as a nice person and will give the author a bit of an ego boost. This may also lead to a friendship relationship in the future, with the possibility of becoming a guest blogger.

Disagree Politely

If you think you want to disagree on something written and you want to stir up things a little, DO NOT ever be a rude jerk and destroy someone’s article in pieces! Being a person who knows all isn’t too good, it will not only lead to a less traffic being driven, but may also get comment taken down or even result in your profile being banned. How to start writing blogs effectively is an art, it needs to be mastered.

As mentioned, it is not bad to detract a bit, but make sure that you do it politely. There will be times when you will disagree on what the article had to say but do it in a good manner. Then you can always back up to whatever causes your disagreement with a solid solution.

Take note that you don’t just be negative for the sake of being negative. You should BE CONSTRUCTIVE. You might get thanked by the author for that. This will also increase your credibility, both through good input and by correcting the “expert.” Effective Commenting is the Key!

To Sum Up:

  • The faster you can comment on a blog posts, the better your results will be
  • Blog comments should be well ELABORATED on the article.
  • You can comment if you disagree and be constructive as well, but it should NEVER be rude and derogatory.
  • Always be polite and approach in a good manner. Remember that you are a guest.
  • Don’t forget to include the URL to your opt-in page either directly in the blog comment or it can be in your profile.

Daily Routine to grow followers:

  • Go back to the blogs that you pulled up earlier
  • Look over the comments
  • Identify helpful comments and notice some “throw away” comments, too.
  • Comment on one of the blogs together with the link going back to your opt-in page.

 

THE WISE MARKETER KNOWS…

Blog commenting is one great way to help you establish yourself as an expert in a community of people who are very well interested in that niche.

Most people who read blogs are the ones who have an active interest and always want to learn more.

This way your comments can drive those interested people – which means quality traffic – to your opt-in page.

If you have liked my post ‘ Building Free BLOG Traffic: COMMENTING effectively’ or benefited in any way, please share it and post your valuable comments!

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