Invest In The Business, Not The Product

A lot of entrepreneurs think that because they have great product, they have a winning business. Sorry sports fans, that's not enough. A great product doesn't mean a great business. You can have the best product in the world, but if you don't know how to manage the business operations, your people and you don't know how to sell it, you are not going to succeed. It's the same when you invest in business or evaluate ideas. Don't focus just on the product, look at the people, at the strategy, at the financials. Professional investors invest in good businesses, not good products. There are many products that totally suck, but they are on the market and people are buying them. The businesses are crushing it while better products in the same categories die. Don't get it wrong, it is always better to have a good product instead of bad, but that alone doesn't make the business good enough.

John Seiferth & Robert Kiyosaki Interview

This is a full interview featuring John Seiferth and Robert Kiyosaki. It's a good talk, worth the 30+ mins. Alot about mindset and wealth. Listen to these people:

The Shark Tank - Best Business TV Shows Series

We are tarting a new stream of presenting the best business and financial TV shows that can educate people a little bit.
For the last couple of weeks I've watched all the episodes of the popular ABC TV program called The Shark Tank. Basically it's a show where entrepreneurs are seeking capital from wealthy venture capitalists.
The economy is tight, banks are not lending money and raising capital is very difficult.
As you know raising capital is one of the top things businesses need.
This show is entertaining and educative. The original is the Canadian show The Dragons Den which is also great to watch. You see a lot of ideas, a lot of products a lot of people. You see negotiations, made deals, ruined deals.
Basically this show is the business version of American Idol, but no fan votes, and that's why it's a lot better.
It's real business, real entrepreneurs and investors, real money.
Each episode 5 investors are looking for deals.
You have to watch it.

Why You Have To Be Rich

Hi... A lot of people want to be rich, no doubt about it. But for a lot of them who are not rich yet, being rich is a bad thing. How is that possible?

A lot of poop people think all rich people are bad and being rich is bad. At the same time they want to be rich too while saying for themselves how great people they are.
This is so stupid.

Being good or bad person is not determined by the amount of money you have. There are bad rich people as well as good rich people, it's the same for the poor.

Actually if you are a good person, you must want to be rich and you must try to become rich. Because if you are rich, you can help to a lot more people and contribute more.

For example, I you own a big profitable business, you create jobs and goods for those who need them. You can give more for charity, you can support talented people.

That is why you have to be rich, you have a lot more opportunity to be significant and in help.
Don't you want to provide more to your family and yourself?

Don't be ignorant and chose to be rich.

After Xmas shopping - Poor people mentality

This morning, hundreds of thousands of people got up at 4 A.M., 5 A.M. or 6 A.M. and went to wait in lines outside malls and stores, to be first in for the big after-Christmas, 1-day sales. If you were amongst 'em, I apologize for offending, but I find this hilarious. Most of these folks would scream bloody murder if asked to get up at 4 A.M. to study or work, and get in a few extra hours of self or business improvement. But lining up in winter drizzle and bitter cold temperatures outside Kohl's, happy to be there. If aliens arrived at 5 A.M. at the shopping center today looking for intelligent life on earth, they hustled right back outta here faster than you can say U.F.O.

.........

This is the beginning of an email I got from Dan Kennedy yesterday. He is a great business and marketing guy and his statement really illustrates the stupidity of the masses.
While everyone is complaining about how bad the economy is (and it is), most people are doing only stupidities.

It all starts in your mind!

We all know it is a tough financial period, and yes it's not your fault but this should not be an excuse for you. In fact many people are going to be exactly the same during economic growth.

In order to be successful you have to delete this poor person mentality.
Don't get it wrong, discounts are a great thing, but it's a shame that people would do crazy things for almost nothing and stay passive when it's important to act.

Good job to the stores btw...

Frank Kern and Tony Robbins - New Marketing

Frank Kern and Tony Robbins are talking about how to sell in this tough economy. The traditional lame marketing approach is not working anymore. In this video Frank give a great marketing example of how it should be done.

Mike Maloney Conference - Debt, Golds, Silver, Economy

Mike Maloney is wealth cycles expert. This is 1 and a half hour conference held by him. Very informative material. It's about the current economy and investments, so if you really want to know what is going on and how you should position yourself, this is a must.

Anthony Robbins - Business Mastery

A fancy video by Tony Robbins for everyone involved in business.

Are You Suffering From The JOB Syndrome?

GET A JOB!!!!!
IF YOU ALREADY HAVE A JOB, GET A 2ND JOB!!!!
THAT'S HOW YOU MAKE MONEY!!!

YOU HEAR THIS CRAP ALL THE TIME...

Now we are not against jobs, but the sad fact is that having a job will not make you rich and financially free unless you are famous athlete, movie star or music star.

This thing about having a job in 90% of the cases is pure survival and the rest is overworking. Jobs are OK for the average people. But as you know if you want to have financial success you must not be average.

JOBS stands for: Just Over Broke Syndrome

Following the crowd is stupid, leading the crowd is smart. Leaders provide jobs, followers have jobs.
If you want to be financially free you must be a leader, you must have a business and other people will work for you so you become rich and they... Well, they will be suffering from the job syndrome, but you know what? They want it and they prefer it. They prefer the sense of security instead of freedom. That's why they want to get a job. They are just different than us.

Tim Ferris - The New Rich - Best Selling Author

Timothy Ferris is probably best known for his book "The 4-hour workweek".
In this book he talks about the New Rich and the importance of having more free time.
I highly recommend this book because it will make you think.

You can learn a lot from this man. He is young, he is rich and he is cool.

Now, traditional thinking sucks. And if you want to be poor, tired, stressed etc., go that way. The sad truth is you can't learn to be what you are dreaming to be if you listen to people without a clue and people who have the old mindset. Because we are living in the information age, we have the tremendous opportunity to have access to some of the world's best sources for information. Successful people ca give you the shortcuts.

Tim Ferris is a guy who thinks outside the box. He is constantly using his brain to succeed in things and tasks where he does not have any experience. Ultimately he has built the life he had wanted for himself. And building a life is the ultimate goal for everyone.

This is a 1h+ interview with him. If you have time, watch it.

Books To Read In Order To Become Financially Successful

We have written about films to watch in order to condition yourself (conditioning is huge!!!) to become successful. We also have to talk about books. There are tons of books out there that are really good and the best thing is you don't have to pay a lot to get them. The business and marketing books usually cost between $5 and $20 so there is no excuse not to read some of them. Some of them are even shared for free online.

So here are some recommendation...

Books To Read In Order To Become Financially Successful

- All books by Donald Trump
examples: The Art Of The Deal; Think Big; How to Get Rich; Never Give Up ... etc

- All books by Robert Kiyosaki and the Rich Dad advisors
examples: Rich Dad, Poor Dad; The Cashflow Quadrant; Choose to be Rich; Unfair Advantage

- Marketing books by Philip Kotler

- "The Millionaire Messenger" by Brendon Burchard

- "The Art Of War" - Sun Tzu (it's military book)

- "Sun Tzu and the Art of Business: Six Strategic Principles for Managers" by Mark R. McNeilly

- "What Would Machiavelli Do?" by Stanley Bing

- Any Microeconomics manual with the basics

OK so this is just an example list of some very good books you can get valuable information from. I'm not saying read all these books and you will be fine. Books alone will NOT make you rich and successful but they can give you the right mindset and the right direction.

That's it.

The most important people for an entrepreneur!

We are talking about business here. The most important people for you in your business.
Many times the people you love the most in your personal life are not going to like the idea of you running a big business, especially if you are just starting. Many times your family and your friends will not give support. If you have their full support, great! But unfortunately most of us do not (or did not) have that advantage. Usually friends pull you back when it comes to business so who are the people who can push you?

These are the most important people for an entrepreneur:

Your Accountant (CPA)
Make sure you have a good one. Taxes are huge thing.

Your Banker
You don't hire him, but he usually provides the finances.

Your Lawyer
All legal things have to be OK, or you will have troubles.

Your Managers
As a big entrepreneur you have to outsource many of the managing tasks to other competent people.

Your Secretary
Or your personal assistant. They are very close to you and help you a lot.

Note: If you have well designed business, everyone in your team is important.

Frank Kern - Results In Advance Marketing Theory

Frank Kern is one of the best known internet marketing guys. He definitely knows how to make money and he is great marketing guy. This is his "Results in advance" marketing theory which had made him millions of dollars. It's designed for internet marketing but if you use your brain you can implement it everywhere in almost any business.
Watch the 2 parts. It's just 12 minutes and it's very good marketing conception.

Starting Your Business Career Form ZERO 0

Many people have started from scratch and have made fortune. You can be one of them.
But how to start, what to do first, how to create successful business.
Here are our recommendations for beginners who have little or nothing to invest and do not have a lot of experience:
- Start learning - learn successful businesses and successful people, learn about finances, learn about marketing, learn the systems, condition your mind and focus
- Take action - start part-time business, the easiest and the cheapest way to start business is online, internet has many opportunities... another option is network marketing... do a research a start something
- Learn from your experience - don't give up if you fail the first time. Instead of complaining about what happened, try to figure out how it happened and how to prevent it next time.
- Once you develop successful business - leverage!

Build Your Financial IQ - Robert Kiyosaki

We feature so many Robert Kiyosaki videos because:
1. He is a great entrepreneur and investor
2. He teaches in a very easy to learn way

So learn a little more about about financial IQ and financial intelligence.

Common Limited Resources - Time and Money

Simple tip for people who want to expand their business.
What are the most popular excuses that people make when they face any problem in their business?
90% will answer one of these 3 things:
- I don't have time
- I don't have money
- I don't have luck
We are not going to talk about luck now. Sometimes you have it, sometimes you don't.
So lets focus on the other 2.
Time. Hey, don't try to do everything yourself. Use other people's time, use new technology, outsource.
Money. As a business you can use other people's money, too. There are bank loans, there are investor, business angles, etc.
It's easy to find an excuse to not do something, but you better find a reason to do it.

Why people miss the targets? - Tony Robbins

So many times you are so close to achieve your ultimate goal, to hit the center of your target, but you don't know it and unfortunately people usually give up. Never give up! You are on the right way, listen to what Tony Robbins says, watch the video below, and don't make excuses to not be successful. Business is about mentality, first.

Eben Pagan: How To Increase Personal Productivity

Personal productivity is very important factor for everyone, especially if you are an entrepreneur. In the video below Eben Pagan (one of the top internet marketers) is talking about how to increase it giving away a very simple tip. Yes, the video is made to promote one of his programs but it is valuable and you should listen to it. He is also mentioning the "people with jobs" mentality which is terrible if you are an entrepreneur and you must not have it.

Business Inspiration From Movies

Inspiration and motivation are huge factor when it comes to conditioning yourself to become successful in business. A good way to inspire yourself is by watching good movies related to the topic of business and entrepreneurship, making money etc.
So here is a list of some movies I think are very good for your business inspiration:
Wall Street (1987)
Pirates of Silicon Valley (1999)
Boiler Room (2000)
Startup.com (2001)
The Corporation (2003)
The Social Network (2010)

There are many more of course. Watch some of them and then TAKE ACTION!

Robert Kiyosaki On Why To Invest In Gold And Silver And Why Cash Is Trash

Ok, again Robert Kiyosaki but I think his advices and thought are very easy to understand. In this video he is telling you why CASH is TRASH. Paper money has ZERO VALUE. Silver and gold have value. That's why people better invest in gold and silver and not hold a lot of cash. Cash has no real value. It's just paper with ink. Watch the video and take action.