Often, buying a car is something you don’t allow yourself to ponder over, reason varying over the same spectrum of worry – the money it will cost you. The simplest and the most basic of cars these days have a heavy price tag attached to them – and buying these involves a lot of your money that you might feel has better opportunity costs just now. However, the utility of having your own transport is something that cannot be neglected. Buying a used car could solve all your problems for you, and will come at a price which will save you as much as thirty percent of the money you would have spent purchasing even the cheapest of new cars.

A used car is something you can buy from a local dealer. A local used car dealer is someone who deals exclusively in used cars and also sometimes in new cars. He is someone who will know all about used cars, and also someone who will have a wide variety in term of cars which have been used and are up for purchase. The advantage with a local dealer is that you can trust him to have quality cars as some dealers have already inspected the cars closely and made all the necessary repairs.

You can check out the CarFax program, which is a directory that holds information about the histories of any car – the accidents it has been in and such like. If the dealer is not thorough with his assessment of the used car, you can take your own mechanic to closely observe the car to be purchased. Another place where you can shop for used cars is online. In this case, you must be sure to be thorough with your research about what the prices for a depreciated car should be, which car to purchase for cheap replacements and repairs later, and more.

Platinum and prognoses in the short and long term.
South African platinum mining industry is expanding rapidly, making it likely that platinum and rhodium would go into “significant oversupply” in the medium to long term, and negatively impacting prices of these metals.

The oversupply driving forces are projected growth of South African mines, lower global vehicle production and increased auto catalyst recycling.

The analysts estimate that South Africa will produce 5.9 million ounces of platinum by 2010. Then continue increasing to 6.4 million ounces by 2012 and 7.6 million ounces by 2015.

The forecast takes into account expected production from an additional 19 projects that were due to be commissioned in South Africa between 2008 and 2015, as well as power-shortage and project-delay constraints.

This will lower prices, shorten the company margins, minimize cash flows and earnings.

The 2010-to-2014 platinum oversupply would potentially reduce platinum prices with 30% and the 2009-2011 rhodium over supply could make the rhodium price to be half.

In 2008 there was already expected that the platinum price would drop to between $1,200/oz and $2,000/oz and the rhodium price to between $4,600/oz and $8,000/oz.
If we look at the statistics for the period from 1999 up till today, we can see that this prediction was not far off, it was even too optimistic. In 2008, the price of Platinum stabilized on a level of around 8-900 USD/Oz., see figure below.

Figure 1; the trend for Platinum in 2008, with the downfall in June 2008 down to a base level at the end of the year, and the slowly upward trend in the first quarter of 2009.
Platinum and palladium prices were down on demand concerns after the top three auto manufacturers in the United States, General Motors, Toyota and Ford Motor all reported that sales were down in June already that year.
Both platinum and palladium are used in the manufacture of pollution control devices for motor vehicles.
U.S. auto sales remained at the lowest annual rate in 15 years, in July 2008. That fueled concerns that demand will decline for platinum and palladium for auto-emissions control parts. Production in South Africa is the source of 78 % of the world’s supply.
General Motors, Ford Motor and Toyota Motor Corp.’s U.S. reported declined sales, record gasoline prices depressed demand, for trucks and large vehicles, and a slowing economy kept consumers away from dealer lots. Ford Motor reported a 15 % drop from a year earlier, Toyota’s sales fell 12 %, and GM posted a 27 % decline.

Figure 2; Palladium price development from 1992 to 2009. Both platinum and palladium are used in both diesel and gas catalytic converters. Rhodium is often a third component. And gold might come into use in some diesel catalytic converters. Throughout most of the mid 1990s palladium was trading in the $150 per ounce range. Beginning in 1997, a rise in palladium’s price was seen, no doubt due to rising demand stemming from use in auto catalysts. In 1998, some spikes occurred to above $350 per ounce. In 1999, it continued to trade in the $350 range, but began rising at year’s end.
As the year 2000 began, palladium was trading at $433. By February 24, it had shot up to $1080, due in part to delivery interruptions from Russia causing a shortage. Automakers, whose manufacturing of catalytic converters depended on reliable stocks of PGMs, had concerns of their own. After reaching the peak in February 2000, palladium retreated during the March to May period, perhaps raising hopes that the Russian metal would be available the rest of the year.

A significant 2010-2014 platinum-rhodium price downturn will “shock” the industry as it can slash industry earnings by between 40% and 90% by 2012.

If mining inflation were not checked, the impact of lower prices would be compounded.

There is expected a cost increases compared to previous years, which will be a price driving factor as well.

The investment case for the South African platinum industry would, however, remain strong in the immediate term, as calculations show both platinum and rhodium in short-term deficit.

The 2008 platinum deficit would be 600,000 oz and 2008 rhodium deficit 80,000 oz, putting upward short-term pressure on prices.

The automobile manufacturer’s reports and a brighter supply outlook out of South Africa continue to present a hurdle to price advances.
The Platinum group metals have been hit the strongest as investors believe they have hit their top and want to be in the more liquid gold, where they can get in and get out quickly. With platinum below $1,200 an ounce, it is expected that good industrial buying in South American countries will occur.
Platinum reached a record $2,308.80 on March 4, 2008 partly because of output cuts in South Africa. But, by May 2008, precious metal output, except for gold, rose at a 2.6 % annual pace, according to Statistics in South Africa.
Platinum fell as the dollar rose against the Euro.
Over the past year, platinum prices have fallen from a high around $2,250/ounce to about $955/ounce.
The gold prices development is not good news for the platinum miners.
Platinum deposits are primarily located in a small handful of countries: South Africa, Russia, Canada, and, just barely, the US. Stillwater Mining Company closed one of its two Montana platinum/palladium mines in November. Stillwater attributed the closure to the severe drop in platinum and palladium prices.

Prognosis for Palladium and Platinum
The prices of Platinum and Palladium have also been climbing in anticipation for the possible demand for fuel cell use. Cheaper alternatives for platinum for both catalytic converters and for fuel cells are being developed and may soon reduce that demand also.

It is about the most useful metal in chemistry and jewelry and should have a relatively high intrinsic value. But now the metals values mainly as a safe haven investment, but not a quite so speculatively useful metal as f.inst Gold.
Hedge funds are still unwinding selling assets like platinum which lowers the price. Also industrial demand is drying up as deflation sets in with people buying less and companies producing less. At least that’s one reason for the drop in prices of platinum.

Not saying it’s not good to hold platinum or that platinum will continue it’s downward slide into the abyss. When commodities start to climb due to inflation – after this deflation bit – platinum will climb with them.
Another reason for uncertainty to pricing of Palladium is a product recently developed by Litex, Inc., which is currently being exhibited this week at the Society of Automotive Engineers (SAE) World Congress, could help auto manufacturers save hundreds of millions of dollars by reducing the amount of palladium needed in a car’s catalytic converter.
The Corona Discharge Device is a low-cost, low-power (25 W) product, which boosts the performance of a catalytic converter. It alters the chemical composition of exhaust gases, enabling the converter to operate more efficiently and making it more fuel sulfur tolerant. In addition, the CDD provides auto manufacturers the ability to meet increasingly more stringent emission standards, such as Tier 2 and Euro IV, with less precious metal. This is particularly important given the skyrocketing price of palladium, platinum and rhodium prices, potentially providing net savings of up to $150 per vehicle!

Gold and its future for the investors and why
Gold has fluctuated the last months between about $1,000/ounce to just below $900/ounce. That’s not good news for platinum miners.
Farm bill passing in June of 2008 which tightened the rules regarding speculation in several markets at the same time is responsible.
The reason for platinum near-parity with gold is that gold is holding up better, with its history as a store of wealth during economic hardships.

Look at any stock or commodity and their recent declines (due to deleveraging) and compare their losses to gold’s.

Gold is not really a commodity – where as in Switzerland you are able to go to any one of the local banks and trade Euros, Dollars, etc by gold bullion and vice versa.

Gold has shown continued strength at present day price levels amid the volatility in the economy around us.

Figure 3; Gold prices have risen steadily during the last few years. However in th end of 2008 we saw a dip in this trend, as Gold price went down. Since that moment, the prices have fluctuated between the max price and a price around 900 USD/Oz. Predictions from various experts are a price level of 2000 USD/Oz within 24 months time. This would make Gold a very healthy investment.

Gold has experienced a shift in fundamentals when compared to 1980’s speculative high.

Five fundamentals that drive the gold prices
- Supply and demand,
- Dollar weakness,
- Institutional buying,
- The price relationship between gold and oil, and global economic uncertainty

Donald W. Doyle, Jr. Chairman and CEO of Blanchard said early in 2008 that we should expect some gold price consolidations, which would be healthy for the market, and view these as buying opportunities, because we see the price ultimately going significantly higher than levels at that time in the long-term. This tip came through as we see price has consolidated in early start of 2009.

The demand for gold is driven by several factors
- Global supply shrinks,
- Emerging markets begin to play a more significant role in the world’s economy,
- Former sellers of gold – notably central banks and hedge books – reverse their selling trends and become buyers again themselves.

We would expect these conditions to be present at least during 2009, as there are no signals of the opposite.
Present day economic situation and why it makes sense to invest in Gold
The Global economy is slowing to a crawl, and the U.S. Fed is continuing to infuse liquidity through rate cuts that further weaken the dollar. Large institutions and central banks continue to move out of dollar-based assets and into quality alternative tangible assets such as gold.

Differences between today’s economic collapse and that of 1987 where a near global implosion featured a U.S. economy that was in solid shape. Today the underlying cause of the crisis is the U.S. economy and domestic housing deflation. Real consumer spending is declining, unemployment raising, and industrial production in the U.S. is losing traction, triggering a flight to quality alternative investments.

Gold is not just a luxury item – it was the foundation of the global currency system for eons and, as the current global economic crisis continues to unwind, the precious metal has reasserted itself as the fourth currency. There is a belief that widespread increased investment demand will offset any decline in luxury goods manufactured with gold as investors seek to secure assets that will retain their value.

It’s simple “REAL PEOPLE, EARNING REAL MONEY, IN REAL TIME”

If you are motivated by money and are looking to create a more comfortable lifestyle then YOU have to make the change, draw the line and say no more, -No more early morning starts … No more boss to answer to  – No more stress – No more long hours and No more struggling to make ends meet. You make the decision to change for the better and start earning now by creating a window of opportunity and earn a great deal of income online. There are many ways to do so and if you’re willing to work hard at the process you could potentially earn more money than you have ever dreamed possible in the comfort of your own home.

If you want to discover how YOU can earn money on the internet quite simply by following the “yournetbiz” simple business strategy to create a healthy income for you and your family you can click on the link below to take you on a journey that could potentially change your life and your income for the better. Earning money online couldn’t be made simpler. You decide how much you want to work.

Most people I have had the pleasure of talking to about making money online always seem to ask the same thing, where do I start? And Will I be on my own?

The simple answer to that is No! You won’t be left alone in your new business venture, you will have full access to a network of professional people just like yourself, people who have had the same thoughts, desires and hopes and dreams of the financial success and personal freedom to enjoy life. At “yournetbiz” you will be given the full support and backup needed to help you well on your way to earning money over the internet. 

Making money online is the future  so don’t be left behind, get in at the beginning and start profiting NOW, You just need to plan what needs to be done, organise your time, and take ACTION.

http://top-cash-income.com

?Why am I telling you all of these things about myself and my thought process?
Since you are at this site, you are investigating home business opportunities. It’s been said that every 11 seconds someone starts a home-based business, but how many of them succeed? I’ve been there, done that myself, and I’d like to save you some time, trouble, and money. Before you go any further, I’d like to tell you what to watch out for. Too many people leap at those too-good-to-be-true business scams, waste their money, and end up feeling plain foolish.

Here’s a checklist of things to watch out for when you look at home-based business ventures:
If it’s an MLM (multi-level marketing) plan, consider who stands to profit. Typically, it is those who get in at the beginning. The “downliners” can make money, but not the kind of incomes of those at the top. My business is not MLM.

Does the business require you to purchase a large inventory up front and stock it at your home so you can quickly fill orders? Are you required to host home parties and meetings? We require no inventory and no home parties or meetings.

Do you really want to annoy your friends and family members by asking them to buy your products, or bombarding them with constant sales pitches about how much money they can make by purchasing a distributorship from you and then proceeding to annoy their friends? People who have done that often find themselves unwilling (and sometimes unknowing) members of the NFL – the No Friends Left Club. Don’t worry, with this business you won’t have to be embarrassed by your friends avoiding you.

Does the business you’re considering require you to host meetings at hotels, where you pitch your product to people who just came for the free dinner? Do you have to make cold sales calls by phone or in person to people who have no interest? It’s no fun to live from hotel to hotel, and while making cold sales calls takes considerable courage, we think it is just asking for rejection. You won’t have to do either of these with us.

Will the “business” you’re looking at consist primarily of sending millions of spam e-mails, hoping for a 1-in-10,000 reply rate? This is a futile practice that we’d never ask you to do.

Does the business you’re looking at offer help getting your business started? Or will you be left to fend for yourself as soon as you send your money? We have shown hundreds of people how they can increase their income working fewer hours and in comfortable, happy conditions by following a proven plan. It’s quick and easy to learn, no matter what your past experience – or lack of experience. I will show you how to succeed in this business. Remember, my philosophy is, “When one profits, we all profit.”

If you won’t be on your own, who are the people associated with the business now? Are they newbies to the whole thing, too? Absolutely not. Associates who have taken advantage of the opportunity I’m offering you have generated multiple streams of income and made their dreams of wealth come true. They share my philosophy, and are happy to show you their techniques! We also have access to a team of highly-trained financial professionals who know how to manage money to create more wealth.

HAVE YOU HAD SUCCESS IN YOUR LIFE, BUT ARE LOOKING FOR SOMETHING NEW THAT WILL PAY YOU WHAT YOU ARE WORTH AND ALLOW YOU TO SPEND MORE TIME WITH YOUR FAMILY AND FRIENDS?
You have shown throughout your life that you have the ability to start something stick to it and become successful. You are successful in your current profession, but you feel that you are just worth more financially, and you want more time to focus on the things that are truly important in Life like your Friends and Family and time to do extracurricular activities. You are also looking to really grow as person from the inside out and you want to re-discover who you really are and what your really want to be. You want to leave a legacy behind that your family can enjoy for generations.
What does this mean?

DO YOU HAVE A BUSINESS OWNER MINDSET?
You want to take control of your life/business instead of working for someone else. You are driven and self motivated. You understand that to run a business it takes effort and you don’t get something for nothing. You are not looking for handouts, but you are looking for the right business model. You are able to put forth effort for at least 25 hours per week. You are a steward of your money. You are in control of your finances.

DO YOU HAVE A BURNING DESIRE FOR CHANGE IN YOUR LIFE?
What is a Burning Desire for Change?
You are fed up with making other people/companies millions of pounds. You are tired of spinning your wheels on a business startup that has not been successful. You have never had the chance to work for yourself because you have to stay home and raise your children. You just haven’t found the right business model that fits your lifestyle. You are absolutely unemployable because you cannot stand to work for someone else. You are successful, but you don’t have time to enjoy your success because you have to work too much.

ARE YOU COACHABLE AND TRAINABLE?
Are you willing to follow a simple system? Are you willing to take advice from those who have come before you who generate executive level pay every month from home?

Are you willing to be a student?
I AM LOOKING FOR SERIOUS, MOTIVATED INDIVIDUALS WHO TRULY WANT TO GENERATE A MASSIVE INCOME OVER THE NEXT 12 MONTHS!

I am looking for people who will (not want to, but will) generate a life changing income, if shown the right way to do it!

IF YOU ARE TRULY SERIOUS I WILL SHOW YOU HOW TO EARN AN EXECUTIVE LEVEL INCOME RESIDUALLY.

Why can I show you how to do it? Because we follow a very simple system that does all the explaining for us.

Also:

I don’t use flyers or brochures.
I don’t get dressed up and do hotel meetings.
I don’t do one-on-one presentation at coffee shops
I don’t do home parties.
I don’t run around town putting flyers on windshield wipers.
I don’t go to Chamber of Commerce luncheons to try to find people for my business.
I don’t draw circles on whiteboards
I don’t mail out samples of products.
I don’t make lists of friends and family
I don’t strike up conversations with strangers.

Jean H.
I am a single mother of three living in London. My background is as an IT consultant and even though I was paid well, I was starting to feel like life consisted of work, work and yet more work until retirement which seemed years away! Something had to change. My children were being brought up by other people, I did not feel connected to what was happening in their lives as I was working full time and I had no time for myself either. I was stressed and tired and it was getting to me. Being at heart an eternal optimist, I knew that I could do something about this if only I could find the right opportunity. That’s when I discovered this business. I could see immediately that it could give me all that I was looking for and much more. I very quickly realised the incredible network of free professional support on offer from an exceptional leadership team within the organisation; a team wholly committed to helping me along the road to success. The future now looks rosy!

Roger & Suzanne.
We are both from England, Roger is a qualified accountant who specialized in taking companies public and running them as the CEO. Suzanne is a nutritional councilor and color therapist. We both ran successful businesses of our own both here and in England. We came to California 25 years ago, and decided after many years to “take it easy” and took a job selling high- end massage chairs at medical shows and conventions all over the USA. Not only did this give us the chance of visiting over 40 States but also we were able to earn a multiple six -figure income between us. However we went to England in February 2007 and returned to find that the company had closed its doors. So much for working for someone else! We realized that we wanted our own business again and after two days, we were lucky enough to come across this opportunity.. We now know that this was meant to be and that the company we were working for had done us a huge favor by going out of business .We were amazed by the money that was on the table and by the tremendous support and training that we received. Now we get to travel when and where WE want and are on our way to replacing our multiple six figure income by working 4 hours a day 4 days a week with the goal of making a seven figure income by December 2008. We are founding members of the leadership group expanding into Europe and the UK and now spend much of our time in Spain. – The Two Happy Brits

Jeremy Devlin-Thorp
I joined this business just over a year ago, from a professional background as a Chartered Accountant and working for companies as a Finance Director. The business model was new to me and I’ve discovered for myself just how simple and lucrative it is. For me, this business is more than just the money. It’s a community of real people who are there to help each other from a place of integrity, backed up by superb training and support from the company itself. And the products and programmes themselves can be truly life-changing – every time I use them, I discover something new about myself. I’m here to stay in this wonderful community and journey of self-growth, and I love it!

Andy P.
Take a serious look at this business, With no experience, i have totally changed my life around in under 12 months, there is no business in the UK that can give you the help and support, or the possibillity of even coming close to the income available here.

How do I know if I am Qualified to do this business?
ONLY the ones that want to realistically change their financial status immediately should call. For the others, there are so many other things you can do here on the Internet to make extra pocket cash on the side. I am looking for ONLY the person that has the desire to make money. If you do not have the desire then this IS NOT for you.

Is this MLM?
No it is not, MLM is such a great concept but they have no real structure and it is always much harder and takes a lot longer then they say it is. I need instant gratification versus building something that could be in 1-3 years.

Do I have to talk to people with this business?
Yes, unless you are going to do manual labour then the only way to make money is to move products and services or be responsible for the movement in some way. But I can tell you this, you won’t have to do any explaining of any product or service.

Are there any other costs in running this business?
Yes, Anyone who tells you that it doesn’t take money to build a business is lying to you. This is a business that generates a substantial income, most businesses show only a small percentage as profit and the rest is business expenses. The difference here is this business because of its immediate high cash flow will pay for all of your expenses and still have a huge net profit left over.

On a scale of 1 to 10, what is the difficulty level of running this business?
With 10 being the most difficult and 1 being the simplest, out of all the businesses I have ever run or owned, I would say for most everyone, it will be a 1. The business is simple because there is a system in place that you can follow in order to achieve success. However, that does not mean that it is a free ride – everything in life that is worthwhile takes a serious effort.

Is training and support provided?
Absolutely. Your success will be achieved with personal mentoring by myself and other entrepreneurs who have already achieved financial success while working from home.

How much time does this business require?
Leverage your time, choose your own hours, and take holidays whenever you wish. Work from home in your boxer-shorts, from the beach in Cancun, or while you’re taking a 3-month vacation in Hawaii. I recommend that you have a few hours a day available.

How difficult is this business?
The marketing system does most of the grunt-work for you! There is NO personal explaining involved. We have ELIMINATED most of the things that people struggle with in their own business.

• No cold calling.
• No personal explaining.
• No “recruiting” friends and family.
• No stress! RELAX and take a nap this afternoon!

What is a realistic first year income?
Realistic? I don’t believe in realistic. Realistic people DO NOT become millionaires. I would much rather achieve UNREALISTIC results. Your first year potential is massive given you do EXACTLY what I say and follow the system. Why would you want to get started in a business if you couldn’t make a ton of money right out of the gate?

How do I know if this is “too good to be true”?
In my opinion “too good to be true” would be if I was to tell you that everyone you talked to would be stuffing money through their phones! This is a real, legitimate, Internet marketing system. The system works perfectly as long as you follow it exactly You will see for yourself EXACTLY how it works. Trust me, there is work involved. What really matters the most is YOUR level of desire.

All of this WITHOUT:

Franchise fees of £50,000 to £200,000 that don’t even come with a guaranteed income. Waiting four-years until your business clears a profit. You can be making money in days; It’s up to you and your efforts. Overhead, hassle, of hiring staff or an expensive office. Working 60-80 hours a week or being a slave to your business. Working 10-15 hours part-time or 20-30 hours full-time is all it takes. No explaining. This IS NOT a sales job! Our system does all of the grunt work for you!

But remember:

• We only work with the most highly motivated and positive people. You need to have huge dreams and huge income goals.

• You have to have the hunger to generate substantial income in the next 6 to 9 months.

• You will have to earn the money. That is, there is work to do and a system to follow. The money doesn’t just materialize in your bank account. This isn’t the “free lunch” Internet opportunity.

• If you’re ready to embark on an adventure that will change your life then contact us immediately

For the first 19 years of my business life I worked my way up the Corporate ladder, eventually becoming Managing Director of a £25M turnover Automotive business, after holding that position for 6 years the harsh business choices were to grow the business to a beast, to downsize dramatically or to sell, so we sold it in September 2004 to a major UK Motor Group.

I then joined a Major UK PLC as their Commercial Director, over the following 4 years me and my team were responsible for astonishing growth, the business grew from £21M turnover to £160M turnover. It was also not unusual to spend time away from my family, working many weekends, consumed 60+ hours a week to try to earn bonus and achieve my income goals.

Guess what, the bonuses seldom materialised and the share options usually missed their mark, even though the business was good I was never fully satisfied, I always wanted more, my goals were so far ahead of me, the life I wanted would take forever to reach.

I had been scanning the Internet, National Papers and even the Franchise opportunities before I came across this fabulous business model, one that would change my life. So I resigned from my six-figure job and started helping people to achieve financial freedom.

It’s a fact, 80% of the world’s population just want to be led by others, they have no desire to be anything but normal, it’s no wonder that these 80% make the other 20% richer.

I lead and active and mobile life, this business model enables me to spend time in Portugal where we have a Villa, as well as my homes in Cheshire, UK.

I am a normal guy with one difference, I am a leader, I am a person with a very defined destination, I help people to create wealth from a very simple, but effective business model.

Are you?

Truly ready to make a change in your life? Tired of working hard and sacrificing time with your family to make someone ELSE rich? Worried that your job is not secure in today’s flailing economy? Ready to leave the 9-5 behind and venture into self-employment with your own home base business? Tired of the corporate politics and having to answer to your boss? Excited by the idea of working whenever, wherever you want to? Ready to quickly see results in your life? You do deserve it! Willing to trust a system with an 8 year proven track record of success?

Then fill in the form on the left and contact me NOW for more information.

So how can you claim your share of this exploding marketplace?

Well you could go off and start your own Online Dating service to compete with the likes of eHarmony and Match.com (if that’s your idea of fun) but that’s really not the best way for small business owners to make money in this, or any, new marketplace.

In reality, the easiest and surest way to make money in any gold rush is selling tools to the prospectors! I think you’ll see what I mean in a moment.

In the Beginning…

Consider, if you will, that whenever any new industry begins there are always hundreds of other businesses needed to support it and make it truly complete. For example, just think of all the businesses that are now connected with the automotive industry. Tire companies, glass companies, mechanics, insurance agencies, driving schools, etc..

Your very own Dating & Relationship oriented website could be one of the complementary businesses supporting the new Online Dating marketplace while generating thousands of dollars of profit in the process.

Complimentary businesses such as relationship advice sites, personal matchmaking services, astrological compatibility testing sites, personal appearance “make over” sites, background checking services, etc., etc., are all possible product or service “tools” needed by today’s “romance prospectors” searching for love on the Internet. I’m sure you’ll be able to come up with other product and service ideas too if you think about it.

So what other types of relationship oriented businesses are springing up based on the technologies and business models pioneered by the Online Dating sites?

New companies such as Friendster.com and Linkedin.com are two good examples of a new generation of non-dating, non-romantic, relationship building Websites springing up to connect people for business relationships or other social activities. Others will surely follow their lead into this adjacent market space and your online business could be one of them.

Setting Up Shop.

Okay, so now that you know the best way to make money online is to sell tools, the next big question you’ll need to answer is whether your new Website will be a general store carrying all types of tools or a specialty store providing some type of specific expert service or product. Let’s talk about the general merchandise store first.

The General Store

Imagine if you will an 1849’s old west general store loaded with canned goods, clothing, kerosene lamps, picks, shovels; everything the local prospectors needed. What would be today’s Online Dating equivalent to the general store? Well in our analogy it would be a Dating Directory Website. Here’s how they work.

Dating Directory Websites provide a service to their customers by collecting information about all the various Online Dating services in one centralized location. This allows their visitors to comparison shop among the various dating service companies while also making convenience purchases of advice eBooks, romantic gifts, sexy lingerie, etc., while they’re browsing the entire “general store.” Dating directories make their money from the affiliate sales commissions they are paid by the producers of the products they carry.

If you’re thinking of getting into the Online Dating & Relationship Marketplace, setting up your own Dating Directory general store is probably the easiest way to get started. All that’s required is the construction of a “store front” Website and then registration with multiple affiliate programs for the products that you want to sell.

Dating Directory startups are easy, low cost and can be built up over time with products you really enjoy selling. In addition, no product development expertise is required because you are essentially just the “shop keeper” selling someone else’s products.

However, before you decide to open up your own Online Dating & Relationship product general store, you may what to consider specializing in one particular area of the market where you can carve out a niche of your own. Let’s talk about this strategy for a moment.

The Specialty Shop

When it comes to the Online Dating & Relationship marketplace everyone’s an expert. Including you!

It’s true. Whether you’re young or old, single or married, gay or straight, everyone has their own special knowledge about Dating and Relationships that can provide you with the background and knowledge needed to write a newsletter or eBook of your own.

And while I’ll admit that writing an entire eBook and setting up your “specialty shop” Website is more work than running a general store Website, the potential rewards are much greater due to the uniqueness of your specialty product and the value you can deliver to your customers. So whatever you do, don’t underestimate the power of the knowledge you have to offer. Get started on that newsletter or EBook today!

Bottom Line…

If you’re thinking about starting your own online business, check out this fast growing marketplace. It could be right for you. And remember, if you want to make money without risking the large amounts of capital required to compete with the big guys, don’t try to start your own Online Dating “gold mine”, sell the dating & relationship “picks and shovels” instead. That’s where the little guys win.

Do you know any high achievers, if you do, you know they surround themselves with exceptional resources.

Successful investment advisors surround themselves with best of everything, including but limited to: the best people, the best training, the best strategies, the best tactics, the best resources and the best opportunities.

The reason why? Success people don’t want to sit around and try to re-create the wheel. They realize that someone else has already spent hundreds of hours and literally thousands of dollars doing all the grunt work to be successful.

High Achievers want to do everything faster, cheaper, and smarter then their competitors every chance they get. They do not want to waste time or money spinning their wheels trying to find out what work and what doesn’t.

You always will hear people say, if I knew then, what I know now I could have been earning $20, $30, or $50,000 month 10 to 15 years ago. High Achievers does not have that problem. They seek, discover, and attach themselves to resources that will help them achieve their vision.

Of course you have to have a vision or goal is mind to begin with and most successful people do, no matter if they are an executives, entrepreneurs, or professional athlete. As an investment advisor your goal can be anything, because you control your destiny. If you don’t have a goal let me set one for you. From this point on your goal is to earn $50,000 a month. This is only the beginning. So now what do you have to do to earn $50,000 a month and what resources will you need?

The resources can be something as little as additional training or something more profound, like masterminding with like minded advisors who are already traveling down the yellow brick road to riches.

Masterminding is a supplement to additional training not a replacement. This is not a one or the other situation.

Masterminds are great because it allow people like you, who want to be high achievers to gain real world hands-on experience and knowledge from people have already done what you are trying to achieve. If a group of like minded advisors who are ready earning $20, $30, or $50,000 month can teach you exact what they are doing, so you don’t have to waste hundreds of hours and thousands of dollars trying to figure it out how to get on the fast track. Would you want to talk and collaborate with them? Of course you would. That’s a mastermind.

THE HISTORY OF MASTERMINDS

The term Masterminds was created and made famous in Napoleon Hill book Think and Grow Rich which was create from a series of books and report called the Laws of Success. Napoleon work was commissioned by Andrew Carnegie, the steel industrialist in 1907.

In Think and Grow Rich, Napoleon defined Masterminds as: “The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the sprit of harmony.” He also said, “No two minds ever come together without thereby creating a third, invisible intangible force, which may be liken to a third mind.”

Napoleon Hill discovered and documented the fact that all of the 504 successful people he interviewed had a mastermind supporting/surrounding them. It was very consistent. Some were very open about it, while some protected their mastermind from view from the outside. But all used the principle massively and purposely.

Other people have defined masterminds as the process of bringing together multiple perspectives, maturity, experience, and wisdom from fields of accomplishments. To come together, to collaborate, to focus, to combine laser like precise attention on you, your business and improving it’s performance, profitability, and impact.

REASON TO JOIN A MASTERMIND

For years high achievers has kept a deep dark secret. The secret is the leveraging of intellectual “know how,” by tapping into the minds, methods, the experience, the maturities, and the mindsets of different successful people within and outside your business environment, your communities, your industry, and your field.

You want to deliberately and continually surround yourself with people who can lend to you the benefit of all the experiences…all the pitfalls… all the opportunities…all the years and year of experimentation…all the investment of time of human capital, of intellectual capital, of financial capital…they have already made ahead of you. And allow them to give you perspective, ideas, recommendations, and constructive suggestions and advice.

I absolutely encourage everyone in any business to join a mastermind or mentor group of their profession. Why would you want to take all of the extra time, all the extra expense, all the extra heartache doing it either ineffectually or doing it totally wrong when there are people eager to collaboratively help guide, counsel, adjust you before you make a commitment to do it right?

You will be able to model other people success immediately
You will be guided by a group of mentors which have “been there, done that”
You will be exposed to a wide source and variety of ideas which you would not normally be exposed to.
You will drastically cut the time it takes an idea, strategy, or tactic from a thought to implementation.
Less trial and error. Streamline problem solving with group of like-mind individuals.
You have people who can empathize with your situation and offer suggestions which are very specific and appropriate.
Encouragement, motivation and accountability to your goals
Access to people, resources, and library of information
Network of support in a non-judgmental community

Research show that the reason why most people don’t reach their goals is not due to the lack of ambition, motivation or knowledge. According to research:

37% is due to lack of information or know how to apply what they know.

29% is due to lack of resources or access to the tools, systems, and people that make the difference.

LEADERS THAT USED MASTERMINDS

Did you know that Thomas Edison (inventor), Alexander Graham Bell (Telephone mogul), Henry Ford (Founder of Ford Motor Co.), and Harvey Firestone (Founder of Firestone Tire and Rubber Co.) were all members of a Mastermind Group? This group of leaders knew something many of us did not. They knew they couldn’t create in a bubble, and therefore relied on each other for priceless feedback, ideas, accountability. This group of leaders met several times a year and named themselves the Wayfarers. The Wayfarers also controlled much of the industries in our county for many years.

In 1727, Benjamin Franklin convinced 12 of his to friends to form a club dedicated to mutual improvement. The club would meet every Friday to discuss the topics of the day. The club later named their meeting Junto, which is defined as a private forum for discussion and a stealth instrument for leading public opinion. One of the functions of the group was to brainstorm publicly beneficial ideas. Another function of Junto was to bring together ingenious acquaintance into a club of mutual improvements. Junto lasted for 40 years and eventually became the heart of the American Philosophical Society.

People who have done the impossible have all had masterminds. Jesus personally selected 12 men and told them to follow him. The world was never the same.

Orville and Wilbur Wright were told they could never build make a flying transporter. Not all did they build the first airplane, but also created a billion dollar industry that never existed prior to their first flight.

Andrew Carnegie aggregated a team around him and built the world’s biggest steel manufacturing company.

Other Notable Masterminds
Declaration of Independence
Parliaments
Congress
12 Members of a Jury

Other Notable people interviewed by Napoleon Hill for The Laws of Success:

Theodore Roosevelt- President of United States
Charles M. Schwab- President of United States Steel Corp.
John D. Rockefeller- Founder of Standard Oil Companies
F.W. Woolworth- Founder of F.W. Woolworth Co.
Woodrow Wilson- President of United States
Wm. Wrigley Jr.- Founder of Wm. Wrigley Jr. Co.
Julius Rosenwald- Chairman of Board, Sears, Roebuck Co.

FIND THE MASTERMIND FOR YOU

The hardest and most important part of any task in getting started in the first place. So here are some baby steps to get you started.

1.Find a Mastermind with that supports the goals you want achieve and hold you accountable.
2.The Mastermind should be composed of many different people with their corresponding perspectives, voices and opinions. This is absolutely vital.
3.Find a Mastermind that requires their clients to conform to basic rules of civilized behavior.
a.No arguing, negativity, value-judging or interrupting.
b.All member are required to attend and participate
c.The members should have mutual respect each other

Good luck and much success to those who take action!

About Xspology.com Inc.
Xspology.com is an executive coaching firm located in Atlanta, Georgia whose service specializes in creating optimization processes and marketing strategies for financial and investment advisors. Advisors can download 10 sample strategic marketing and optimization reports at Xspology.com.

For further information contact:
Bobby Ellis, President and CEO,
Phone: (404) 964-2927
Xspology.com

Do you know any high achievers, if you do, you know they surround themselves with exceptional resources.

Successful investment advisors surround themselves with best of everything, including but limited to: the best people, the best training, the best strategies, the best tactics, the best resources and the best opportunities.

The reason why? Success people don’t want to sit around and try to re-create the wheel. They realize that someone else has already spent hundreds of hours and literally thousands of dollars doing all the grunt work to be successful.

High Achievers want to do everything faster, cheaper, and smarter then their competitors every chance they get. They do not want to waste time or money spinning their wheels trying to find out what work and what doesn’t.

You always will hear people say, if I knew then, what I know now I could have been earning $20, $30, or $50,000 month 10 to 15 years ago. High Achievers does not have that problem. They seek, discover, and attach themselves to resources that will help them achieve their vision.

Of course you have to have a vision or goal is mind to begin with and most successful people do, no matter if they are an executives, entrepreneurs, or professional athlete. As an investment advisor your goal can be anything, because you control your destiny. If you don’t have a goal let me set one for you. From this point on your goal is to earn $50,000 a month. This is only the beginning. So now what do you have to do to earn $50,000 a month and what resources will you need?

The resources can be something as little as additional training or something more profound, like masterminding with like minded advisors who are already traveling down the yellow brick road to riches.

Masterminding is a supplement to additional training not a replacement. This is not a one or the other situation.

Masterminds are great because it allow people like you, who want to be high achievers to gain real world hands-on experience and knowledge from people have already done what you are trying to achieve. If a group of like minded advisors who are ready earning $20, $30, or $50,000 month can teach you exact what they are doing, so you don’t have to waste hundreds of hours and thousands of dollars trying to figure it out how to get on the fast track. Would you want to talk and collaborate with them? Of course you would. That’s a mastermind.

THE HISTORY OF MASTERMINDS

The term Masterminds was created and made famous in Napoleon Hill book Think and Grow Rich which was create from a series of books and report called the Laws of Success. Napoleon work was commissioned by Andrew Carnegie, the steel industrialist in 1907.

In Think and Grow Rich, Napoleon defined Masterminds as: “The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the sprit of harmony.” He also said, “No two minds ever come together without thereby creating a third, invisible intangible force, which may be liken to a third mind.”

Napoleon Hill discovered and documented the fact that all of the 504 successful people he interviewed had a mastermind supporting/surrounding them. It was very consistent. Some were very open about it, while some protected their mastermind from view from the outside. But all used the principle massively and purposely.

Other people have defined masterminds as the process of bringing together multiple perspectives, maturity, experience, and wisdom from fields of accomplishments. To come together, to collaborate, to focus, to combine laser like precise attention on you, your business and improving it’s performance, profitability, and impact.

REASON TO JOIN A MASTERMIND

For years high achievers has kept a deep dark secret. The secret is the leveraging of intellectual “know how,” by tapping into the minds, methods, the experience, the maturities, and the mindsets of different successful people within and outside your business environment, your communities, your industry, and your field.

You want to deliberately and continually surround yourself with people who can lend to you the benefit of all the experiences…all the pitfalls… all the opportunities…all the years and year of experimentation…all the investment of time of human capital, of intellectual capital, of financial capital…they have already made ahead of you. And allow them to give you perspective, ideas, recommendations, and constructive suggestions and advice.

I absolutely encourage everyone in any business to join a mastermind or mentor group of their profession. Why would you want to take all of the extra time, all the extra expense, all the extra heartache doing it either ineffectually or doing it totally wrong when there are people eager to collaboratively help guide, counsel, adjust you before you make a commitment to do it right?

You will be able to model other people success immediately
You will be guided by a group of mentors which have “been there, done that”
You will be exposed to a wide source and variety of ideas which you would not normally be exposed to.
You will drastically cut the time it takes an idea, strategy, or tactic from a thought to implementation.
Less trial and error. Streamline problem solving with group of like-mind individuals.
You have people who can empathize with your situation and offer suggestions which are very specific and appropriate.
Encouragement, motivation and accountability to your goals
Access to people, resources, and library of information
Network of support in a non-judgmental community

Research show that the reason why most people don’t reach their goals is not due to the lack of ambition, motivation or knowledge. According to research:

37% is due to lack of information or know how to apply what they know.

29% is due to lack of resources or access to the tools, systems, and people that make the difference.

LEADERS THAT USED MASTERMINDS

Did you know that Thomas Edison (inventor), Alexander Graham Bell (Telephone mogul), Henry Ford (Founder of Ford Motor Co.), and Harvey Firestone (Founder of Firestone Tire and Rubber Co.) were all members of a Mastermind Group? This group of leaders knew something many of us did not. They knew they couldn’t create in a bubble, and therefore relied on each other for priceless feedback, ideas, accountability. This group of leaders met several times a year and named themselves the Wayfarers. The Wayfarers also controlled much of the industries in our county for many years.

In 1727, Benjamin Franklin convinced 12 of his to friends to form a club dedicated to mutual improvement. The club would meet every Friday to discuss the topics of the day. The club later named their meeting Junto, which is defined as a private forum for discussion and a stealth instrument for leading public opinion. One of the functions of the group was to brainstorm publicly beneficial ideas. Another function of Junto was to bring together ingenious acquaintance into a club of mutual improvements. Junto lasted for 40 years and eventually became the heart of the American Philosophical Society.

People who have done the impossible have all had masterminds. Jesus personally selected 12 men and told them to follow him. The world was never the same.

Orville and Wilbur Wright were told they could never build make a flying transporter. Not all did they build the first airplane, but also created a billion dollar industry that never existed prior to their first flight.

Andrew Carnegie aggregated a team around him and built the world’s biggest steel manufacturing company.

Other Notable Masterminds
Declaration of Independence
Parliaments
Congress
12 Members of a Jury

Other Notable people interviewed by Napoleon Hill for The Laws of Success:

Theodore Roosevelt- President of United States
Charles M. Schwab- President of United States Steel Corp.
John D. Rockefeller- Founder of Standard Oil Companies
F.W. Woolworth- Founder of F.W. Woolworth Co.
Woodrow Wilson- President of United States
Wm. Wrigley Jr.- Founder of Wm. Wrigley Jr. Co.
Julius Rosenwald- Chairman of Board, Sears, Roebuck Co.

FIND THE MASTERMIND FOR YOU

The hardest and most important part of any task in getting started in the first place. So here are some baby steps to get you started.

1.Find a Mastermind with that supports the goals you want achieve and hold you accountable.
2.The Mastermind should be composed of many different people with their corresponding perspectives, voices and opinions. This is absolutely vital.
3.Find a Mastermind that requires their clients to conform to basic rules of civilized behavior.
a.No arguing, negativity, value-judging or interrupting.
b.All member are required to attend and participate
c.The members should have mutual respect each other

Good luck and much success to those who take action!

About Xspology.com Inc.
Xspology.com is an executive coaching firm located in Atlanta, Georgia whose service specializes in creating optimization processes and marketing strategies for financial and investment advisors. Advisors can download 10 sample strategic marketing and optimization reports at Xspology.com.

For further information contact:
Bobby Ellis, President and CEO,
Phone: (404) 964-2927
Xspology.com

Do you know any high achievers, if you do, you know they surround themselves with exceptional resources.

Successful investment advisors surround themselves with best of everything, including but limited to: the best people, the best training, the best strategies, the best tactics, the best resources and the best opportunities.

The reason why? Success people don’t want to sit around and try to re-create the wheel. They realize that someone else has already spent hundreds of hours and literally thousands of dollars doing all the grunt work to be successful.

High Achievers want to do everything faster, cheaper, and smarter then their competitors every chance they get. They do not want to waste time or money spinning their wheels trying to find out what work and what doesn’t.

You always will hear people say, if I knew then, what I know now I could have been earning $20, $30, or $50,000 month 10 to 15 years ago. High Achievers does not have that problem. They seek, discover, and attach themselves to resources that will help them achieve their vision.

Of course you have to have a vision or goal is mind to begin with and most successful people do, no matter if they are an executives, entrepreneurs, or professional athlete. As an investment advisor your goal can be anything, because you control your destiny. If you don’t have a goal let me set one for you. From this point on your goal is to earn $50,000 a month. This is only the beginning. So now what do you have to do to earn $50,000 a month and what resources will you need?

The resources can be something as little as additional training or something more profound, like masterminding with like minded advisors who are already traveling down the yellow brick road to riches.

Masterminding is a supplement to additional training not a replacement. This is not a one or the other situation.

Masterminds are great because it allow people like you, who want to be high achievers to gain real world hands-on experience and knowledge from people have already done what you are trying to achieve. If a group of like minded advisors who are ready earning $20, $30, or $50,000 month can teach you exact what they are doing, so you don’t have to waste hundreds of hours and thousands of dollars trying to figure it out how to get on the fast track. Would you want to talk and collaborate with them? Of course you would. That’s a mastermind.

THE HISTORY OF MASTERMINDS

The term Masterminds was created and made famous in Napoleon Hill book Think and Grow Rich which was create from a series of books and report called the Laws of Success. Napoleon work was commissioned by Andrew Carnegie, the steel industrialist in 1907.

In Think and Grow Rich, Napoleon defined Masterminds as: “The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the sprit of harmony.” He also said, “No two minds ever come together without thereby creating a third, invisible intangible force, which may be liken to a third mind.”

Napoleon Hill discovered and documented the fact that all of the 504 successful people he interviewed had a mastermind supporting/surrounding them. It was very consistent. Some were very open about it, while some protected their mastermind from view from the outside. But all used the principle massively and purposely.

Other people have defined masterminds as the process of bringing together multiple perspectives, maturity, experience, and wisdom from fields of accomplishments. To come together, to collaborate, to focus, to combine laser like precise attention on you, your business and improving it’s performance, profitability, and impact.

REASON TO JOIN A MASTERMIND

For years high achievers has kept a deep dark secret. The secret is the leveraging of intellectual “know how,” by tapping into the minds, methods, the experience, the maturities, and the mindsets of different successful people within and outside your business environment, your communities, your industry, and your field.

You want to deliberately and continually surround yourself with people who can lend to you the benefit of all the experiences…all the pitfalls… all the opportunities…all the years and year of experimentation…all the investment of time of human capital, of intellectual capital, of financial capital…they have already made ahead of you. And allow them to give you perspective, ideas, recommendations, and constructive suggestions and advice.

I absolutely encourage everyone in any business to join a mastermind or mentor group of their profession. Why would you want to take all of the extra time, all the extra expense, all the extra heartache doing it either ineffectually or doing it totally wrong when there are people eager to collaboratively help guide, counsel, adjust you before you make a commitment to do it right?

You will be able to model other people success immediately
You will be guided by a group of mentors which have “been there, done that”
You will be exposed to a wide source and variety of ideas which you would not normally be exposed to.
You will drastically cut the time it takes an idea, strategy, or tactic from a thought to implementation.
Less trial and error. Streamline problem solving with group of like-mind individuals.
You have people who can empathize with your situation and offer suggestions which are very specific and appropriate.
Encouragement, motivation and accountability to your goals
Access to people, resources, and library of information
Network of support in a non-judgmental community

Research show that the reason why most people don’t reach their goals is not due to the lack of ambition, motivation or knowledge. According to research:

37% is due to lack of information or know how to apply what they know.

29% is due to lack of resources or access to the tools, systems, and people that make the difference.

LEADERS THAT USED MASTERMINDS

Did you know that Thomas Edison (inventor), Alexander Graham Bell (Telephone mogul), Henry Ford (Founder of Ford Motor Co.), and Harvey Firestone (Founder of Firestone Tire and Rubber Co.) were all members of a Mastermind Group? This group of leaders knew something many of us did not. They knew they couldn’t create in a bubble, and therefore relied on each other for priceless feedback, ideas, accountability. This group of leaders met several times a year and named themselves the Wayfarers. The Wayfarers also controlled much of the industries in our county for many years.

In 1727, Benjamin Franklin convinced 12 of his to friends to form a club dedicated to mutual improvement. The club would meet every Friday to discuss the topics of the day. The club later named their meeting Junto, which is defined as a private forum for discussion and a stealth instrument for leading public opinion. One of the functions of the group was to brainstorm publicly beneficial ideas. Another function of Junto was to bring together ingenious acquaintance into a club of mutual improvements. Junto lasted for 40 years and eventually became the heart of the American Philosophical Society.

People who have done the impossible have all had masterminds. Jesus personally selected 12 men and told them to follow him. The world was never the same.

Orville and Wilbur Wright were told they could never build make a flying transporter. Not all did they build the first airplane, but also created a billion dollar industry that never existed prior to their first flight.

Andrew Carnegie aggregated a team around him and built the world’s biggest steel manufacturing company.

Other Notable Masterminds
Declaration of Independence
Parliaments
Congress
12 Members of a Jury

Other Notable people interviewed by Napoleon Hill for The Laws of Success:

Theodore Roosevelt- President of United States
Charles M. Schwab- President of United States Steel Corp.
John D. Rockefeller- Founder of Standard Oil Companies
F.W. Woolworth- Founder of F.W. Woolworth Co.
Woodrow Wilson- President of United States
Wm. Wrigley Jr.- Founder of Wm. Wrigley Jr. Co.
Julius Rosenwald- Chairman of Board, Sears, Roebuck Co.

FIND THE MASTERMIND FOR YOU

The hardest and most important part of any task in getting started in the first place. So here are some baby steps to get you started.

1.Find a Mastermind with that supports the goals you want achieve and hold you accountable.
2.The Mastermind should be composed of many different people with their corresponding perspectives, voices and opinions. This is absolutely vital.
3.Find a Mastermind that requires their clients to conform to basic rules of civilized behavior.
a.No arguing, negativity, value-judging or interrupting.
b.All member are required to attend and participate
c.The members should have mutual respect each other

Good luck and much success to those who take action!

About Xspology.com Inc.
Xspology.com is an executive coaching firm located in Atlanta, Georgia whose service specializes in creating optimization processes and marketing strategies for financial and investment advisors. Advisors can download 10 sample strategic marketing and optimization reports at Xspology.com.

For further information contact:
Bobby Ellis, President and CEO,
Phone: (404) 964-2927
Xspology.com

Do you know any high achievers, if you do, you know they surround themselves with exceptional resources.

Successful investment advisors surround themselves with best of everything, including but limited to: the best people, the best training, the best strategies, the best tactics, the best resources and the best opportunities.

The reason why? Success people don’t want to sit around and try to re-create the wheel. They realize that someone else has already spent hundreds of hours and literally thousands of dollars doing all the grunt work to be successful.

High Achievers want to do everything faster, cheaper, and smarter then their competitors every chance they get. They do not want to waste time or money spinning their wheels trying to find out what work and what doesn’t.

You always will hear people say, if I knew then, what I know now I could have been earning $20, $30, or $50,000 month 10 to 15 years ago. High Achievers does not have that problem. They seek, discover, and attach themselves to resources that will help them achieve their vision.

Of course you have to have a vision or goal is mind to begin with and most successful people do, no matter if they are an executives, entrepreneurs, or professional athlete. As an investment advisor your goal can be anything, because you control your destiny. If you don’t have a goal let me set one for you. From this point on your goal is to earn $50,000 a month. This is only the beginning. So now what do you have to do to earn $50,000 a month and what resources will you need?

The resources can be something as little as additional training or something more profound, like masterminding with like minded advisors who are already traveling down the yellow brick road to riches.

Masterminding is a supplement to additional training not a replacement. This is not a one or the other situation.

Masterminds are great because it allow people like you, who want to be high achievers to gain real world hands-on experience and knowledge from people have already done what you are trying to achieve. If a group of like minded advisors who are ready earning $20, $30, or $50,000 month can teach you exact what they are doing, so you don’t have to waste hundreds of hours and thousands of dollars trying to figure it out how to get on the fast track. Would you want to talk and collaborate with them? Of course you would. That’s a mastermind.

THE HISTORY OF MASTERMINDS

The term Masterminds was created and made famous in Napoleon Hill book Think and Grow Rich which was create from a series of books and report called the Laws of Success. Napoleon work was commissioned by Andrew Carnegie, the steel industrialist in 1907.

In Think and Grow Rich, Napoleon defined Masterminds as: “The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the sprit of harmony.” He also said, “No two minds ever come together without thereby creating a third, invisible intangible force, which may be liken to a third mind.”

Napoleon Hill discovered and documented the fact that all of the 504 successful people he interviewed had a mastermind supporting/surrounding them. It was very consistent. Some were very open about it, while some protected their mastermind from view from the outside. But all used the principle massively and purposely.

Other people have defined masterminds as the process of bringing together multiple perspectives, maturity, experience, and wisdom from fields of accomplishments. To come together, to collaborate, to focus, to combine laser like precise attention on you, your business and improving it’s performance, profitability, and impact.

REASON TO JOIN A MASTERMIND

For years high achievers has kept a deep dark secret. The secret is the leveraging of intellectual “know how,” by tapping into the minds, methods, the experience, the maturities, and the mindsets of different successful people within and outside your business environment, your communities, your industry, and your field.

You want to deliberately and continually surround yourself with people who can lend to you the benefit of all the experiences…all the pitfalls… all the opportunities…all the years and year of experimentation…all the investment of time of human capital, of intellectual capital, of financial capital…they have already made ahead of you. And allow them to give you perspective, ideas, recommendations, and constructive suggestions and advice.

I absolutely encourage everyone in any business to join a mastermind or mentor group of their profession. Why would you want to take all of the extra time, all the extra expense, all the extra heartache doing it either ineffectually or doing it totally wrong when there are people eager to collaboratively help guide, counsel, adjust you before you make a commitment to do it right?

You will be able to model other people success immediately
You will be guided by a group of mentors which have “been there, done that”
You will be exposed to a wide source and variety of ideas which you would not normally be exposed to.
You will drastically cut the time it takes an idea, strategy, or tactic from a thought to implementation.
Less trial and error. Streamline problem solving with group of like-mind individuals.
You have people who can empathize with your situation and offer suggestions which are very specific and appropriate.
Encouragement, motivation and accountability to your goals
Access to people, resources, and library of information
Network of support in a non-judgmental community

Research show that the reason why most people don’t reach their goals is not due to the lack of ambition, motivation or knowledge. According to research:

37% is due to lack of information or know how to apply what they know.

29% is due to lack of resources or access to the tools, systems, and people that make the difference.

LEADERS THAT USED MASTERMINDS

Did you know that Thomas Edison (inventor), Alexander Graham Bell (Telephone mogul), Henry Ford (Founder of Ford Motor Co.), and Harvey Firestone (Founder of Firestone Tire and Rubber Co.) were all members of a Mastermind Group? This group of leaders knew something many of us did not. They knew they couldn’t create in a bubble, and therefore relied on each other for priceless feedback, ideas, accountability. This group of leaders met several times a year and named themselves the Wayfarers. The Wayfarers also controlled much of the industries in our county for many years.

In 1727, Benjamin Franklin convinced 12 of his to friends to form a club dedicated to mutual improvement. The club would meet every Friday to discuss the topics of the day. The club later named their meeting Junto, which is defined as a private forum for discussion and a stealth instrument for leading public opinion. One of the functions of the group was to brainstorm publicly beneficial ideas. Another function of Junto was to bring together ingenious acquaintance into a club of mutual improvements. Junto lasted for 40 years and eventually became the heart of the American Philosophical Society.

People who have done the impossible have all had masterminds. Jesus personally selected 12 men and told them to follow him. The world was never the same.

Orville and Wilbur Wright were told they could never build make a flying transporter. Not all did they build the first airplane, but also created a billion dollar industry that never existed prior to their first flight.

Andrew Carnegie aggregated a team around him and built the world’s biggest steel manufacturing company.

Other Notable Masterminds
Declaration of Independence
Parliaments
Congress
12 Members of a Jury

Other Notable people interviewed by Napoleon Hill for The Laws of Success:

Theodore Roosevelt- President of United States
Charles M. Schwab- President of United States Steel Corp.
John D. Rockefeller- Founder of Standard Oil Companies
F.W. Woolworth- Founder of F.W. Woolworth Co.
Woodrow Wilson- President of United States
Wm. Wrigley Jr.- Founder of Wm. Wrigley Jr. Co.
Julius Rosenwald- Chairman of Board, Sears, Roebuck Co.

FIND THE MASTERMIND FOR YOU

The hardest and most important part of any task in getting started in the first place. So here are some baby steps to get you started.

1.Find a Mastermind with that supports the goals you want achieve and hold you accountable.
2.The Mastermind should be composed of many different people with their corresponding perspectives, voices and opinions. This is absolutely vital.
3.Find a Mastermind that requires their clients to conform to basic rules of civilized behavior.
a.No arguing, negativity, value-judging or interrupting.
b.All member are required to attend and participate
c.The members should have mutual respect each other

Good luck and much success to those who take action!

About Xspology.com Inc.
Xspology.com is an executive coaching firm located in Atlanta, Georgia whose service specializes in creating optimization processes and marketing strategies for financial and investment advisors. Advisors can download 10 sample strategic marketing and optimization reports at Xspology.com.

For further information contact:
Bobby Ellis, President and CEO,
Phone: (404) 964-2927
Xspology.com

Then where can you start? The first steps to improving your financial position and building wealth is awareness and action.

Know Your Current Situation.

If you are going to build something you have to start with a strong foundation. It is important to understand what money you have coming in and were it goes every month. I suggest you keep a spending journal for one month. Every day, jot down everything you spend. Be it paying bills, buying food, entertainment, it doesn’t matter what it is, if it costs money, write it down. Knowing your current situation will help you determine if you income is higher than your expenditures. Once you have determined where your money is going, you may be surprised at how much you are spending on things that is absolutely worthless. I personally liked my coffee in the morning; I determined that I spent over $1000.00 a year on my daily stops to the gas station. That is insane, and I couldn’t even account for the many times I would grab a pop or a granola bar. It all adds up. I switched to making coffee in the morning before I left; cutting the cost by a huge amount and stopping me from making those mindless purchases that drained my available cash.

Understand Your Debt

Debt has been accepted and encouraged by society as a way of life. This way of thinking is contradictory to building your wealth. Money owed reduces your net worth and is a barrier between you and saving money. There are different types of debt. First, make a list of all debt that you owe. Categorize the list into these sections. A. Home mortgages and transportation. B. Credit cards and anything that generates interest that increases the debt level. C. Anything late or potentially damaging to your credit. D. Miscellaneous debt such as that loan from Aunt Maggie last year. Once it is categorized, it will be easier to gain a perspective on the actions that you will need to take. Your priority should be taking care of any debt that is currently late, damaging your credit, or growing due to high interest and minimum payments.

Work To Eliminate Debt

I know, I am telling you to spend your money when you are trying to get more of it but trust me; this is the real way to get rich! You took the time hopefully to list your debt into the different categories. Now, take anything that is late and make it your priority. If everything is current, knock out any small bills that you can eliminate quickly. These small successes will keep you motivated and free up what you have available to pay down on the larger debt. Pick a debt to begin to focus on. My best advice is to choose the debt that is charging the highest amount of interest. The more you pay down, the less they will be tacking on in interest at the end of every billing cycle.

Know Your Credit Score

Your credit score affects many aspects of your life beside your ability to get a loan. Opening accounts and getting a job just to name a few. Your payment history along with debt level and public information such as a bankruptcy all play a part in the score. I strongly suggest you get a copy of your credit report and review it for errors. You can log on to www.annualcreditreport.com for a free copy of your credit report. Also, there are sites available to help you obtain and manage your credit report for different varying fees. If your credit needs work or if you had problems with identity theft, I suggest you begin working with one of these organizations. You need to know what is on that report, everyone else does.

Eliminate Hidden Costs

Any drain on your available cash will add up over time. Making a payment late that generates a fee, annual fees on credit cards, monthly fees for bank accounts are all unnecessary. Review each account to see if they are taking on any charges. Paying a fee for a checking account is ludicrous these days. The banks are competing for your business. You can find many accounts by searching the internet, no fees, some with higher yield interest rates if you open a checking account at the same time, others have programs available that reward you for simply doing business with them. If you have open lines of credit search for options to transfer into a lower interest rate, any reduction in continuing expenses are a few more dollars toward your financial success. Avoid doing a debt consolidation loan that stretches your payments out for longer periods, yes it looks good on paper, lower payments and even lower interest but averaged out over time it will cost more in interest.

Plan For Emergencies

Many experts say that you should have at least three months worth of living expenses put away. Reality has most of us living paycheck to paycheck. When something like a car repair comes up, we find ourselves putting off important payments in order to get the emergency taken care of forcing a game of catch up often times for months after. Start with a lower amount. Have a garage sale, sell stuff that you really don’t need, do whatever it takes to set aside $1000.00 for emergencies. Statistics show that having that amount set aside will often take care of the emergencies that crop up. The emergency fund should be held where it is not accessible for simple purchases and no, pizza and a movie are not constituted as an emergency. If you find yourself having to dip into the emergency fund, stop paying extra on the debt until you have replenished it.

Set Goals

Having a plan is the only way to work for something. How often would you jump in your car to go on vacation without a destination in mind? It may sound like fun but at some point you are going to have to make a decision. So why on earth we try to stumble through life without a plan is beyond me. Goal setting can be kind of scary. Why? Because you are committing yourself to accomplish something that we are not quite sure how we are going to get there, so the fear of failure comes into play. Its ok, everyone goes through it. Write down what you would like to achieve. Make them big because you are going set some time limitations and plan the actions that you need to take to get there, one step at a time. That is how we learned to walk isn’t it? Break down each goal into actions that have to occur in order to accomplish it. Make sure that each action is not complicated, if there is more than one thing that has to happen to finish the action, break it down further. Write down tentative deadlines for achieving each action. Leave room next to the date to write down when the action actually was completed. Post your goals somewhere that you will read them every day. I like to suggest the refrigerator. I know I visit mine frequently enough! This is your map. Review them monthly to add or modify, we know that life brings about surprises, good and bad, we have to be able to adapt. Finally, talk about your goals, vocalizing them will further cement your commitment to them and to yourself. If you find that people are negative toward your desire to change your situation, realize that often times they are jealous of your motivation and truly want the same for themselves.

Learn to Save

As you begin to pay down your debt, you should be finding yourself with more available cash. An aggressive goal for saving money would be 10% of your income. It is hard to save as often times when bills are getting paid we feel a sense of freedom and want to enjoy the finer things in life. That is ok, after you have met the goal of saving money. I myself, being a normal American, have a tough time committing money to savings; it is easier if I am working toward something. My goal of purchasing a home is my motivator. That still doesn’t seem to work all the time, so I have found avenues to increase my saving. I found a bank account that every time I use my debit card, it rounds my purchase to an even amount and transfers the change into my savings account. The really cool thing about it is the bank actually matches the amount up to $250.00 per year. Folks that is free money!

Adjust To Set-Backs

Let’s face it, stuff does happen. When the unexpected occurs, you have to be diligent enough to sit down and refigure your plan of action. Whether a major set back or something minor, it is very easy for us to throw our hands up and give up the fight. It may be tough but remember, procrastination and complacency are evil monsters and often times the reason we find ourselves in situations that are undesirable. Rework your budget, rework your goals, rework your commitment, but do not give up. You wanted to build wealth right? Very little worth having comes easily regardless of the get rich quick programs you can buy for $29.99 on the internet. Who is getting rich when you buy one of those anyway? Don’t take my word for it, just look at where you are and see what has worked the best for you so far.

Start Today

In closing, I want to touch base on when you should start. TODAY!!! It is human nature to pick a time and date to create a basis of measurement. That is fine but why put two more weeks out of your new life to wait for the first of the month? Make the commitment to yourself to begin making changes now. Like I had mentioned earlier, every small success, every bill that goes away, will increase your motivation and confidence. So resolve not to resolve any longer, planning is yet another form of procrastination. I am a planner and a list maker. If I had back every minute that I spent on planning and poured that into action, I would be more than 50% closer to achieving my goals. Keep positive and good luck!