Wednesday, March 26, 2008

Proper Vehicle

This blog is all about teaching "Leverage"(multiplying your resources) & "Conversion"(converting normal costs to tax deductible expenses).

None of this makes any sense if you don't have a "Proper Vehicle" that allows you to APPLY these principles. Lots of people have been involved in many types of business models(vehicle), but either not made any money or lost their shirt! That tells us the "Vehicle" you use for applying these principles is critical. I've heard it said... "If you're running as hard as you can, but you're on the deck of the Titanic, you're not going anywhere!".

This sounds like it's important to have the right vehicle, right?

So, how do you choose one? Lots of business models to choose from, & lots of companies in each model. A lot of "Due Dilligence" is necessary to make that decision before you go investing your time & money. Thankfully, a lot of that work has been done for us. Watch this video of Darren Falter, an expert in finding the best ones & see what he has to say. http://www.youtube.com/watch?v=PjTRJBxJHjQ


Think about it!

Sunday, March 9, 2008

Leverage

Ever wondered how people like Bill Gates got so rich? Microsoft has in the neighborhood of 73,000 employees around the world. Mr. Gates earns a little from the efforts of all of them. That means Bill Gates is "Leveraged" 73,000 to 1. That's how he became the richest man in the world. I teach anyone interested in learning, how to apply that same principle in their life.

Think about it!

Conversion

Conversion is all about TAXES! There are TWO types of tax systems in the U.S. today. One for business owners, & one for everyone else. If you had to take a guess, who would you say pays the most in taxes? (hint=it ain't the business owners)
So, wouldn't it make sense to be a business owner? That's how you take advantage of "Conversion". By converting as many expenses as possible to "tax deductible" business expenses, you PAY LESS TAXES!
More will come about this later. Till then, THINK ABOUT IT!