9 Crucial steps to financial integrity for young entrepreneurs

 

 

 

 

 

Step 1	How much money has come into your life, and what do you have to show for it? in order to move forward in a new way, it’s important to figure out how you got where you are.  Calculate your lifetime incomeestimate and create a personal balance sheet.
Step 2	Being in the present: Tracking your life energy. Build an understanding of what this “money” stuff is worth in relation to YOUR life. Calculate your real hourly wage — the current monetary value of your time and energy. Become aware of all your financial transactions and their real cost.
Step 3	Where’s it all going: Monthly tabulation. Observe your current habits and needs around money. Keep a monthly record of your spending patterns and how they affect your bottom line.
Step 4	Three questions that will transform your life. Create a foundation for making the changes you want to make. Evaluate your spending based on your own satisfaction, values and goals.
Step 5	Make it visible: Your wall chart. Look at your progress and the positive affects as you make changes.Track your progress monthly in order to stay motivated for long-term goals.
Step 6	Respecting your life energy: Minimizing spending. Naturally reduce expenses by applying a new approach to spending that reflects maximum fulfillment for your life as a whole.
Step 7	Respecting your life energy: Maximizing income. Naturally increase income, in alignment with your health and integrity, by recognizing your time as a precious, limited resource.
Step 8	Capital and the cross-over point. Set a goal – “enough and then some.”  Invest your savings to receive income regardless of employment status, and estimate the time of financial independence.
Step 9	Securing your financial independence. Take personal responsibility for your future and become knowledgeable, sophisticated and adept about investment vehicles within your own self-defined criteria.

I’d like to hear your thoughts on financial integrity. Leave your comments below.

Seven questions to know your audience

Knowing your audience is quite possibly the most important aspect of being a successful young entrepreneur.  Your audience  drives creativity and change in the way you deliver products and services. One might say this is the “secret” to creating raving fans of your business. Who knows? I can’t believe I’m sharing some of my best tips with all of you. Here ya go.

 

 

 

1. What are they like?

Demographics and psychographics are a great start, but connecting with your audience means understanding them on a personal level. Take a walk in their shoes and describe what their life looks like each day.

2. Why are they here?

 What do they think they’re going to get out of this presentation? Why did they come to hear you? Are they willing participants or mandatory attendees? This is also a bit of situation analysis.   

3. What keeps them up at night?

Everyone has a fear, a pain point, a thorn in the side. Let your audience know you empathize—and offer a solution.

4. How can you solve their problem?

What’s in it for the audience? How are you going to make their lives better?

5. What do you want them to do?

Answer the question “so what?”—and make sure there’s clear action for your audience to take.

6. How can you best reach them?

 People vary in how they receive information. This can include the set up of the room to the availability
 of materials after the presentation. Give the audience what they want, how they want it.

7. How might they resist?

What will keep them from adopting your message and carrying out your call to action?

Psst… Don’t share these secrets with anyway It might go viral if you tweet it out or share it on facebook.

7 Key Ingredients Every Young Entrepreneur needs in their DNA

In business there are a myriad of ways to reach success and no one entrepreneurs attains that without a strong set of core values. The fastest way to fail in business is have a weak base upon which you’re building your business. Without a solid base of core building blocks it will be more challenging to reach the pinnacle of your success. If you ingrain these ingredients into your DNA your chances of success will exponentially increase. 

 

 

 

 

 

 

 

1.       Helpful

You should have a genuine love for helping people. Whether you are a financial advisor or a barber shop owner the need to help people feel good is the biggest driving force as to why you continue to take new clients. It has to feel good to you to help people. And the fact that they need your help should make you feel luck not arrogant. This is how one should feel. You should feel lucky that you are good at something that people need your help with. You need to love helping people.

2.        Persistence

Sometimes clients know they need your help but because they are busy they won’t contact you. It’s up to you to stay in touch with them. It’s up to you to remember to call them back. To remind them of their appointment and to make sure they keep it. Clients love it when you do this. They feel important to you and the like not having to think about it because they know you will stay on top of it.

3.        Creative

In business you have to know some tricks to make things work. Many times clients want to accomplish something and they won’t be able to do it the traditional ways. You have to know your business well enough to put a plan together that will get them where they are trying to go even if it means thinking outside the box. Every client is different and there is no text book way to get to financial success. Help them define their idea and bridge the gap between their current state and desired future state.

4.         Identity

Identity is everything. You have to brand yourself as an expert in your niche.  If you’re not an expert surround yourself with individuals who are and borrow their credibility until you reach their level of business acumen.   

5.        Positivity

If your attitude sticks so will your progress. You need to have a good mood most of the time. If you give your best and people see that they are going to be drawn to you. They may not know what it is about you that they like but they will know that it’s something dynamic. A good attitude is good for the work environment, your reputation and your dealings with clients. People want to be around happy people.

6.        Hustle

You will have to work long hours building your dream. Early mornings and late nights will become your new norm. Keeping every appointment is very important. If you aren’t a hard worker you are going to be burned out and angry. If you can handle hard work and you are good at scheduling appointments you will know that it is just a part of the job. Staying up on the trends and changes in the industries goes along with hard work. You don’t know it all because things change. You have to keep learning. Also, you have to keep teaching. Know the way, go the way, show the way is one of my mottos. It feels good to know that you have done your best, learned new things and can share them with others.

7.        Fidelity

You get to know your clients so intimately. You know so much of their personal and business life. They have to be able to trust you with that information. They have to know that you aren’t going to share their information with anyone else. Don’t discuss your clients business with anyone. Keep your records secure and treat their information like you treat your own. Also, clients want to make sure you are doing what’s right for them not what’s best for your company’s profit margin. If you want lifetime clients you have to treat them right and let them know they can trust you with any and everything. Once they know that you will become their friend and advisor for life.

The above ingredients are not all encompassing and I welcome your feedback. What ingredients do you thing young entrepreneurs should have in their DNA? Become legendary.

Why every Entrepreneur needs S.M.A.R.T. goals?

If you’re an aspiring entrepreneur  one of the first steps you need to take in actualizing your vision or purpose is to develop S.M.A.R.T. goals.  Conducting this type of analysis for every goal will help to place structure around the tactical aspects of achieving the goals you set for yourself. Let’s get right in to it.

 

S – Specific

• Is this commitment specific?
• Would others understand what this commitment means without an explanation?

M – Measurable

• Is there a way to measure progress toward the goal?
• Are there easily measurable numbers in the commitment?

A - Accountability

• Are others significantly interested in the outcome?
• Have I set the goal so that I have accountability to another person or event?

R - Realistic (to you)

• Am I determining how realistic it is on MY terms?
• Do I truly believe (perhaps) in a perfect world) that I can and will achieve this?

T - Time specific

• Have I set a time and date for the goal’s completion?
• Did I pick a reasonable but aggressive time for completion (not too soon, and not too far out)?

If you follow this S.M.A.R.T. roadmap for all of the essential goals/milestones that you need to achieve to realize success.

Why we need government run universal socialized health insurance…

A cartoon explaining why we need Government-Run Universal Socialized Health Insurance

 

Socialized Health Insurance could transformed the way we live and do business, and right now is the perfect time for you to hop on the bandwagon and let your representative know!

Please comment below to share your opinion, and feel free to share and refer to this blog post as you see fit.

If you enjoyed reading this post please subscribe to my RSS Feed.

An Incredible Story….

View the exfuze opportunity

The story starts with Rick Cotton, our CEO and Founder, living as a missionary  in third world countries.  During his ten-year experience, he saw many children suffering from lack of food and education.  Rick and Ann started Viva Kids (www.vivakids.org) in an effort to help ease the suffering they were seeing first hand.  Changing and saving lives is not an easy feat.  It takes resources, people, and money.  Rick and Ann dreamed they would one day start a billion dollar company that would help support the needs of these children that they had fallen in love with.  
 
They returned to the United States and began to formulate what would become a billion dollar company.  But, what would the product be?  Rick and Don Cotton’s dad became deathly ill and was not expected to live.  The family said their goodbyes, and miraculously, Mr. Cotton continued to live.  Rick and Don took him to a doctor who prescribed an intense regimen of natural extracts.  Within 60 days of using those extracts, Mr. Cotton was back to living a normal life.  Two years later, he was chosen to receive a new liver.  As part of the liver transplant process, he was taken off of the extracts that had enhanced his life so greatly.  He got the new liver, developed an infection, and died.
 
Thus, Seven+ was born.  Rick and Don thought that if they could take these amazing extracts and make them affordable for the average person, they could change the lives of thousands and thousands of people.  That is exactly what they have done.  Today, we have the Seven+ brand of products, and already, thousands of lives have been changed and enhanced.
 
Looking at market trends over the past twelve years, three companies have emerged as billion dollar companies.  These companies had one thing in common…they each made a drink from a single superfood in juice concentrate formula.  eXfuze used common sense.  Take the three powerful superfoods used by the others, add four others, plus wild blueberry, pomegranate, and aloe vera, and use them in extract form!  The result is a product that tastes better, costs less, and works more effectively than any other product on the market!
 
Speaking from a purely business perspective, one can look at other large corporations and see a strong correlation between them and eXfuze.  For example, Kmart was the first low cost department store where you could get all your needs in one place.  Wal-mart came along in second to market position and made something with more benefits and features that cost less.  Wal-Mart now owns the box store industry.  Circuit City was put out of business by Best Buy because they created something that costs less with more benefits and features.  Exfuze has done this too…A product that works better, costs less, and tastes better.  That is one of the many reasons why eXfuze is one of the fastest growing network marketing companies in the world.  And you are here first.
 
Add to this the compensation plan that allows the new person who has not done network marketing before to be successful.  A compensation plan that pays a guaranteed 55% back to the field each week.   A company led by people of strong integrity and experience.  And the Viva Kids organization where every bottle of Seven+ that is sold feeds and educates a child every day.
 
You have a company and a product that you can be proud of and that you can be passionate about.  Lives are being changed, touched, enhanced, benefited, and dreams are being attained.  Your dreams can come true.  Tell the beautiful eXfuze story to everyone you know and love.  Share with them the chance to have better health, wealth, and change the lives of generations of people throughout the world. 
 
Come join us on our quest to make a difference.  Make a difference in your own life and in the lives of your family.  Embrace this magical company and together, let’s do amazing things.  
Opportunity is here, and it is waiting for you to open the door.  Me, and others, are here to help you share this story and build your business! To try Seven Plus today click here.

Top Seven Super Foods – Next Generation

1. 

 

    

 

       1. ACAI -

• Rich with Antioxidants and Phytonutrients
• Contains Omega 3, 6 and 9
• Used for Mental Focus and Vitality

      2. MANGOSTEEN -

• Rich concentration of Xanthones
• Shown to benefit Cardiovascular Health, Hypertension, and Thrombosis

      3. NONI -

• Used as a medicine for centuries in Hawaiian and Asian Cultures
• Anti-Inflammatory capabilities
• Studies show lower cholesterol levels in smokers

      4. GOJI -

• One of the greatest natural answers to anti-aging 
• 19 Amino acids
• 21 trace minerals
• Beta-sitoserol

     5. GAC -

• Prized for thousands of years for external and internal medicinal uses
• Contains more lycopene than a tomato
• Contains more beta carotene than carrots

     6. SEABUCKTHORN -

• Often called natures multi-vitamin
• Robust combination of folic aid, and flavenoids
• High antioxidant levels to combat free radicals

     7. FUCOIDAN -

• Complete polysaccharide
• Tremendous anti-inflammatory capabilities
• Strong detoxification
• 800 clinical studies

The top three things to consider in a functional supplement

1. Does it work?
2. How does it taste?
3. Is it affordable?

The answer to all of the above questions is a resounding YES. Listen to a few testimonials here. Try the power of Seven Plus for your health today.

 

7 Questions that can help you determine your financial forecast…

Can you weather the storms in life?

 

 

 

 

 

 

 

 

 

 

 

 

1. How do you feel about your overall financial security?
2. What are your chances of putting away money this month?
3. How would you describe your retirement plan?
4. What are the chances you’ll have enough savings to put your kid through college when the time comes?
5. What is something happened to you? What is your family’s chance of affording the same lifestyle without you?
6. Imagine you lost your car, home and everything you own in a disaster. How do you feel about the insurance protection you have in place?
7. How do you feel about your ability to pay all your debts as they come due?

Based on your answers to these questions is your financial forecast kind of “cloudy”? If the answer is yes then your current conditions may be as such.

Current Condition

You’re not where you want to be financially, but you haven’t started to panic. Yet. You need financial help in case those clouds on the horizon come your way because you are not protected from the big storm. A little planning will make you feel better. And get this- you don’t have to be rich to be financially secure.

What this means for you

Most people need help to achieve financial security. The best way to understand your specific need is to

• Complete and Insurance and Financial Review.
• Read this economics lesson and start a home based business to stake your financial claim in life.
• Read Think and Grow Rich by Napoleon Hill

Naps at Work – Your sure way to success!

Napping at work is usually frowned upon, but there might be a paradigm shift coming our way.  

A new study published in The Guardian says that naps at work increase not only productivity but creativity of employees. Thirty percent of people say they come up with their best ideas when they are drifting away into sleep and only ten percent of people come up with new ideas at their desk.

In our dreams we produce unusual ideas that tend to be surreal, like becoming a CFO of J&J or having eight-hour workdays, but every now and then, the result is an amazingly creative solution to an important problem—just the “thinking outside the box” your boss expects of a new FLDPer! 

One study allowed people to nap for 60 to 90 minutes and subsequently tested their performances in visual learning tasks.  Interestingly enough, the 

improvement was just as big as if they slept for a whole eight hours!

It is worth noting that slow-wave sleep (SWS) and rapid-eye movement (REM) sleep result in very different brainwave patterns, and the most dreaming, thus the highest possibility of coming up with a brilliant idea, takes place during REM.

 On the downside, you may expect your eyes to flick back and forth rapidly during REM. This may be somewhat disrupting to your business partners, but do not allow it to stop your creative efforts! Daytime snoozing is an essential part of our  “full-spectrum fitness,” according to studies quoted in The Guardian.

 In reality, few of our superiors may be open enough to accept 

these new findings. So, if your “non progressive” boss happens to walk in while you are power-napping, here are a few all-time favorite responses:

“They told me at the blood bank this might happen.” 

“This is in exchange for the six hours last night when I had nightmares about quarter close!” 

“Do you discriminate against people who practice Yoga?”  (Works well in California.) 

“Boy, that Tylenol PM I took last night just won’t wear off!”  (McNeil’s favorite) 

“Wasn’t sleeping. Was trying to pick up my contact lens without hands.”  (Appreciated by Vistakon management.)

Increase your mental acuity by trying out the Seven Plus!!!

If you liked this post please subscribe to my RSS Feed.

It’s there for you in good times and bad…

When you purchase permanent life insurance, you protect your family’s financial security if something should happen to you. And that’s the most important reason to have life insurance.  It’s the easiest way to help make sure your mortgage could be paid off, children could attend college, and your family could maintain their current lifestyle.  But what can your permanent life policy do for you now, while you’re living?

After you have had a permanent life policy in force for a number of years, you build up cash value in the policy. (Dividends can accumulate, too, if you choose that option, although dividends are not guaranteed.) Those funds can be accessed through policy loans if you need them to purchase a first home or need extra funds for your children’s education.  Sometimes, it can be a source of money that makes a big difference for you and your family.

When you take a policy loan, it accrues interest at the current rate, and is usually paid off through a monthly payment. Loans decrease the death benefit and cash value. It is also important to make sure that your policy remains in force so it serves the purpose you purchased it for, so understand all of the details before you act.

Life insurance is a key part of your future financial security. Additionally, a secondary stream of income from a home based business can weather you through the bad times.