â€œLearn from the guy who was broke, how I was able to save enough money, get out of debt, establish my own successful business and become financially independent in just 18 months.
By Dan Cavalli -Small Business Expert
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I recently analyzed the data gathered from feedback of one of my lists of over 22,000 people, a whopping 46.77% of members identified what challenges they most wanted to learn how to overcome. The 3 biggest challenges were:
-I canâ€™t save money -I canâ€™t get myself free of debt -I want to be financially independent
My aim: To address these challenges and give specific advice on how to overcome them. If they apply what they will learn, they will have the chance to enjoy the better things in life. www.startingabusinessnow.com
Although these challenges are different , essentially they are variations of the same challenge. They are really symptoms of a bigger problem. So I am going to provide brief but specific strategies to give you confidence in overcoming these challenges.
Step 1: Plant the seeds of success The seeds of success are not in you if you can’t save… it’s that simple. That’s why it’s so important to apply this first step correctly and as fast as you possibly can. Why? So you can build on this step and overcome the other challenges. Because MONEY is grown from MONEY, if you don’t have any to start with, that’s where you stay… BROKE. It doesn’t matter what the amount is just save some so that you are planting seeds to breed success. www.startingabusinessnow.com
Tip: First save, then pave… I’ve always maintained that if you can’t do something yourself get someone else to do it for you. Not everyone can save so start small even if it’s $1.00 a week.
In my case, when I started, I got my paymaster to take $10 out of my weekly pay and put it in another special account called “My savings”. This will open your mind’s chakra and pave the way to financial independence.
Step 2: Allocate part of your pay for bills before you get it Part two of the major challenges was how to “get free of
debt”. To get out of debt, just create a plan and follow it through. I know everyone is different and some don’t have the discipline to do that. When I started, I also got my paymaster to take $40 out of my pay and put it in a special account called “My Bills”. Then I used the money in this account to pay my debts. I had an authority from my creditors to direct debit what was owed out of that account each month. www.startingabusinessnow.com
The amount of money you put in this account will be determined by your present situation. So first you have to save and then pay off your debts. It will take time but if you use the strategies I have suggested you will succeed. There is something magic in the fact that if you get it taken out of your pay first you donâ€™t seem to miss it. Try it, it works! If you donâ€™t have enough money to do this either get a second job or cut your spending. www.startingabusinessnow.com
Step 3: Get advice from a financial expert and use your savings to invest This is the way to financial independence. Build your money and invest wisely. It is a long term strategy but it will work if you stick at it. The category of investments will be determined by your present situation.
Finally, part three of the major challenges was how to â€œbecome financially independentâ€?. To achieve that you must be in business. www.startingabusinessnow.com
In my case, before I started in business, I knocked on 341 pizza shop doors and offered to work for free for four evenings a week in return for being taught how to make pizzas.
There are ways to accomplish this if you are willing to get ahead. The key first is to learn a business that you like and go after it before you buy or create one. It won’t cost you any money to learn. When you’ve done that "I’ll show you how to start up your own business and start making some real money". www.startingabusinessnow.com
Some words of warning, forget about starting up a business on the Internet [unless you use the strategy I’ve just mentioned by learning it for FREE first]. I have spent over $150,000 on building an Internet business and its hard work. Sure you’ll hear all the gurus telling you something differently… start with nothing and build a business that gives you $5,000 a month. But ask yourself would they say the same if they didn’t have a product to sell you. No… learn the way I have suggested first then buy or create your business knowing what you are doing.
Are you employed on a high salary or a small one? If you are earning great money you must invest in a business partially or buy your own business. I know this is a skeleton outline of what to do but to learn more about how to become financially independent go to my blog: http://www.the-richest-man-in-babylon.com Where you will learn: 1. How to turn your money worries into infinite sources of cash using ancient wisdom and modern intelligence. 2. How I generated 35,000 paying customers in 18 months 3. How I created over 21,500 subscribers for my Internet business in less than 5 weeks www.startingabusinessnow.com
Conclusion For existing members, Sign up again for your free 20 lessons because I have new content that goes into more detail of what and how to do it. Or if you’re not a member yet, sign up on: http://www.the-richest-man-in-babylon.com
where you’ll find out how to turn your money worries into infinite sources of cash using ancient wisdom and modern intelligence in my new free 20-lesson eCourse. “Learn from the guy who was broke, how I was able to save enough money, get out of debt, establish my own successful business and become financially independent in just 18 months. www.startingabusinessnow.com
Also visit my Primary Blog to get your updated latest strategies and techniques for personal development and money making strategies at: www.startingabusinessnow.com
www.startingabusinessnow.com I was also broke, but after finding out the secrets of the rich people, I was able to survive all the worries I...