How To Get Money To Start Your Business

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, KINGDOM PROSPERITY, MAKING MONEY ONLINE, PEAK PERFORMANCE, SCHOOL OF WEALTH

How To Get Money To Start Your Business

One major key that would determine your success in the world of money and business is your belief system. Your belief is what determines your reality in life. For you to become rich and wealthy, you must first believe in your ability to make it happen. Whatever you believe to be possible would ultimately be possible. And whatever you believe is impossible would be impossible. It is always to you according to your belief. This is very true in every area of life, especially in your quest to raise funds to start your business. You must believe the money you need to start your business is available and that it is out there waiting for you. Your mind is so designed that you have a tendency to ignore or block out any information coming to you that is inconsistent with what you already believe to be true, whether or not your beliefs are based on fact or fiction. “All riches have their origin in the mind. Wealth is in ideas.” — Robert Collier One fundamental truth you must embrace in your pursuit of wealth is that wealth building starts on the inside, and not on the outside. Every of your action has its root in the way you think and what you believe. Your success in raising funds to start your business starts from the inside. It starts from our thinking and belief. You must believe that you will get the money you need, because there is more than enough money out there. The law of abundance says we live in an abundant universe in which there is sufficient money for all who really want it and are willing to obey the laws governing its acquisition. The essence of this post is to show you how to acquire the money you need to start your business. But it is your attitude toward abundance or scarcity of money that will ultimately determine whether you lay your hands on the money you need to start your business or not. It is therefore imperative for you to believe that there is abundance of money out there. And that you will get the money you need to start your business. Here are five ways you can explore to get the money to start your business. 1. Your Own Savings The best way to fund your business is your own personal savings. If the desire to start your business is strong enough, if you’re really passionate about it, the will to save money would not be lacking. Open a savings account today and start saving at least 10% of whatever money you earn. The discipline to save money is a proof that you possess the needed character to manage the business once it gets started. “If you cannot save money, then the seeds of greatness are not in you.” – Clement W Stone 2....

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NEGOTIATING YOUR WAY INTO WEALTH AND RICHES

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, KINGDOM PROSPERITY, PEAK PERFORMANCE, SCHOOL OF WEALTH

NEGOTIATING YOUR WAY INTO WEALTH AND RICHES

“And it came to pass, when Rachel had born Joseph, that Jacob said unto Laban, Send me away, that I may go unto mine own place, and to my country. Give me my wives and my children, for whom I have served thee, and let me go: for thou knowest my service which I have done thee. And Laban said unto him, I pray thee, if I have found favour in thine eyes, tarry: for I have learned by experience that the LORD hath blessed me for thy sake. And he said, Appoint me thy wages, and I will give it. And he said unto him, Thou knowest how I have served thee, and how thy cattle was with me. For it was little which thou hadst before I came, and it is now increased unto a multitude; and the LORD hath blessed thee since my coming: and now when shall I provide for mine own house also? And he said, What shall I give thee? And Jacob said, Thou shalt not give me any thing: if thou wilt do this thing for me, I will again feed and keep thy flock: I will pass through all thy flock to day, removing from thence all the speckled and spotted cattle, and all the brown cattle among the sheep, and the spotted and speckled among the goats: and of such shall be my hire. So shall my righteousness answer for me in time to come, when it shall come for my hire before thy face: every one that is not speckled and spotted among the goats, and brown among the sheep, that shall be counted stolen with me. And Laban said, Behold, I would it might be according to thy word. And he removed that day the he goats that were ringstraked and spotted, and all the she goats that were speckled and spotted, and every one that had some white in it, and all the brown among the sheep, and gave them into the hand of his sons. And he set three days’ journey betwixt himself and Jacob: and Jacob fed the rest of Laban’s flocks. Gen 30:25-36 The above verses of the Bible show how Jacob negotiated his way into wealth and riches. For close to twenty years, Jacob labored in the home of Laban with practically nothing to show for all of his labor except for his two wives and children until he understood the art of negotiating. He used the power of effective negotiation to access his financial destiny. The negotiation took place in chapter 30 of the book of Genesis, and in the next chapter, chapter 31 of the same book, he was an established financial giant. Effective negotiating skill opened the next chapter of his life. “Jacob learned that Laban’s sons were talking behind his back: “Jacob has used our father’s wealth to make...

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How To Build Multiple Streams Of Income

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, MAKING MONEY ONLINE, SCHOOL OF WEALTH

How To Build Multiple Streams Of Income

When you understand how to strategically build multiple streams of income, you will suddenly discover that most of the reasons against the concept can easily be overcome. To successfully build multiple streams of income, you must identify, build and succeed first in your primary source of income. Once your primary source of income is built to a reasonable level of success, the success should give you some level of time freedom if done properly. You can then use the freedom created from that success to create additional streams by leveraging on your success and existing resources to create another stream of income. Your existing resources are the skills, knowledge, information, contacts, savings and all the experiences that made your first business a success. This is the best approach to the concept of multiple streams of income. All It Takes Is Creativity You can leverage on your success in real estate business to start a seminar business, and once the seminar business is doing well and you are recording good successes, you can leverage further on this to create a third source of income. Then a forth source of income as you write a book. You can also leverage on the same piece of information and knowledge to develop the fifth income stream as your turn your book into an e-course. Start a speaking business to generate the sixth income stream. A coaching, training, and a consulting business can also be added with time. Within a short period of time you can have as many as seven or ten steams on income. It is a lot easier to find multiple sources of income within the same business. The key is you should never consider a business that does not have expansion potential for additional stream of income. Imagine you are generating $2000 monthly from each of your ten channels of streams income. Wow! That is $20,000 monthly income and $240,000 in annual income. You can surely do a lot with that. As you add each new stream of income, make sure you consolidate and fully establish each vehicle. All you need to generate multiple income streams is to be creative and innovative. Your target should be to have all your income streams come in as passive income, meaning all your income sources running with little or no physical input from you. Income From Non-Related Industry You can also choose to generate income from non-related industry, if that is what you want. Ideally, it would be great to have some of your streams of income come from different industries. The upside to this is that if one industry is experiencing turbulent and challenging times, you can live on streams of income from other industries. This has the potential to make your wealth more stable and secure. For example, if there are challenges in the stock market, you can still be making...

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How to increase your income

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, MAKING MONEY ONLINE, PEAK PERFORMANCE, SCHOOL OF WEALTH

How to increase your income

Building wealth is simple. It is not rocket science. It doesn’t require luck, genius, special gifts or special connections. The principle of wealth creation is something everyone can practice; it does not require extraordinary smartness. All you need to do to build wealth is to generate more income than you spend and then invest the difference. Nothing more! Income is the lifeblood of wealth accumulation. It is a major factor in the equation of wealth creation. It is the take off point of every attempt at wealth building. Attempting to become wealthy without the flow of good income is almost an impossible task. You Are Restricted By The Size Of Your Income Your income size to a great extent would determine your lifestyle; where you live, where you shop, the school your children attend, the car you drive and many more are often influenced and determined by the size of your income. Generally, it is the nature of humans to always want to improve their lifestyle; which most of the time calls for better income. The better your income, the better positioned you are to improve your standard of living. Furthermore, your income size would determine how much you are able to save and invest. When your income is more than your expenses, you are in a better position to save the surplus for investment. The Great Challenge One great challenge a lot of people are mostly confronted with is how to increase the size of their income. Unfortunately for many, the only thing they know about increasing their income is to ask the boss to increase their salary. And if the boss says no, they are dejected and frustrated. The next thing is to hunt for another job. There is nothing wrong in asking for an increase in salary. Asking for what you desire is a valid principle of success and achievement, if you indeed merit the request. And this is catch, most people ask for what they do not merit or qualify for, and are often turned down. As a result, many people move from job to job in frustration, live all their working lives without fulfillment. “Try not to become a man of success, but rather try to become a man of value.” — Albert Einstein Money Always Flows In The Direction Of Value. Listen, whatever you are earning as income is the measure of value that others place on your work or contribution. Your income is an expression of your value in the marketplace. Income will always be equaled to the value of service, or result or size of contribution. Money will forever flow in the direction of value. Opportunity to make money and earn an income is always available wherever value is found. It therefore means to make money in order to create wealth, your focus should be on how to create and add...

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The Secret Tool Of The Rich And Wealthy

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The Secret Tool Of The Rich And Wealthy

One great truth you must embrace in your quest for wealth acquisition is that, there is no need reinventing the wheel. There is nothing new under the heaven; the sun that shines today is the sun that shone when my great grandfather was born, and will still be shining when my last grandchild shall be gathered to his fathers. The law of emulation says, you will be successful in proportion to which you find out what other successful people are doing, and then do the same things yourself over and over again. Success in every area of human endeavor leaves clues and tracks, especially in financial undertakings. If one is wise enough, all he would need to do to become wealthy is to locate what the rich and wealthy have done to create their wealth, and do the same. “That ye be not slothful, but followers of them who through………inherit the promises.” Heb 6:12 Whatever result any man ever achieved financially can be duplicated by any dummy in any part of the world. We live in a world governed by law, not chance. Rules and principles help us to understand that everything happens for a reason, whether or not we know what it is. It is all about action and reaction; cause and effect. Everything you see in and around your life, success or failure, wealth or poverty, has a specific cause or causes. Every cause or action has an effect or consequence of some kind or another, whether we can see it, or whether we like or agree with it or not. This goes to show that all achievement, accomplishment, wealth, riches, prosperity and success are the direct and indirect effects or results of specific causes or actions. The Law of Cause and Effect. Financial freedom or a prosperous life is an effect. It is the product and after match of certain actions or causes. This is called the Law of Cause and Effect or the Law of Sowing and Reaping. What this law teaches is simply this, if you are clear about the effect or result you want, you can probably achieve it by following the footsteps of those who have achieved the same or similar results. If you must be rich and wealthy, you would need to locate what the rich and wealthy do, and then do the same to become rich and wealthy. One Major Tool In The Hands Of The Rich And Wealthy A major attribute of the rich and wealthy is their commitment to wealth building. Wealth building is a conscious and deliberate endeavor; it doesn’t happen by chance. You don’t suddenly wake up to find yourself wealthy, except someone left you an inheritance. Those who create wealth consciously commit themselves to wealth building, and this is what you too must do to become rich and wealthy. You must consciously and deliberately commit...

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How To Create Your Own Wealth

Posted by in BUSINESS SUCCESS, PEAK PERFORMANCE, SCHOOL OF WEALTH

How To Create Your Own Wealth

Outside of the privilege of being born into a wealthy family or marrying into wealth or winning a lottery……..the probability of which is very slim; there are three fundamental ways of becoming wealthy. Money is one of the most important subjects in life. Joy and pain stem from decision about money. This makes giving due attention to how money is made and wealth accumulated a worthwhile endeavor. The truth is that making money and accumulating wealth is not an easy walk in the park. The only thing that is really easy about money is losing it. Creating wealth is a product of determined, conscious and consistent steps, taking over time. It answers to a choice to be wealthy, backed with a decision to pay the necessary price. People become wealthy because they have learnt how to become wealthy. A choice to be wealthy is a choice to embrace any of these three sure fire accesses to wealth: 1. Live below your means. Living below your means and investing your savings is the guaranteed way to wealth. Your first task in your quest for wealth is to learn to live upon less than you earn. Learning to live upon less than you earn is a crucial step in your pursuit of financial success. This is crucial, because in the final analysis, the true measure of how good or how well you’re doing financially is how much you keep out of the amount that you earn. It’s not how much you make, but how much you keep, that determines your financial future. A part of the earned income from your job is yours to keep or save. It should not be less than 10% no matter how little you earn. Then get educated on a specific investment vehicle, and put the money you have saved into an investment. In order for you to have something to save out of what you earn, you must learn to live below your means. The truth is, we can all become wealthy, if we will put in the necessary discipline to live below our means, save and invest our savings skillfully. “If you would be wealthy, think, saving as well as getting” Benjamin Franklin Saving money involves sacrifices; it involves delaying gratification and saying no to yourself and loved ones most of the time. You might not be able to change your car or your house the way you would have loved to. Your children might not be able to attend the very best of available schools, and your appetite for a particular delicacy might not be satisfied; all in the bid to save some money for investment. Sacrificing pleasure and the good of life, especially when you can afford it, in order to save money for investment is easier said than done. This is because human nature craves pleasure and wants to enjoy the...

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