CREATING WEALTH potx

CREATING WEALTH
BOOT CAMP:


How To Change The Way You Think About Making Money At
Home

By Ron Taylor


Please Steal This Book

Well, not quite. You are free to give this book away, or resell
it, as you wish. However, the entire text must be left intact.


Copyright 2007 XOR Career Guides

All Rights Reserved. No part may be duplicated or distributed without express written
permission. This report is an original creation of XOR Career Guides, and is not a part of any
affiliate or associate distribution plan. Rights to distribution of this report should not be
implied or conferred. Information in this report should not be construed as legal or
accounting advice. Keywords: business, success, wealth, money, finance, rich, investments,
real estate, stock. This report is for information use only and is not intended to provide

investment advice. Concepts and ideas depicted in this report should be used at the reader’s
discretion. Use due diligence in all of your investment decisions.



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“Wealth to us is not mere material for vainglory but an
opportunity for achievement; and poverty we think it no
disgrace to acknowledge but a real degradation to make no
effort to overcome.”

Thucydides



Wealth in America


As a lifelong entrepreneur, I have learned that
following a few basic principles can dramatically
increase your probability of achieving success.

A principle is a basic truth or law, which cannot
be refuted by opinion, personal bias, or peer
pressure. Principles also tend to come off as
preachy, so bear with me; and remember, entrepreneurs are

usually thick skinned and responsive to advice that may benefit
them.

Welcome to the Creating Wealth Boot Camp Newsletter!

You can subscribe to my free weekly newsletter by sending a
blank email to Or,
you can do a search at Yahoo Groups for Creating Wealth Boot
Camp.

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It's almost a cliche. The image of military boot camp as a living
nightmare has been immortalized by countless Hollywood
productions and oft retold war stories by military veterans. From
my own experience I can tell you, boot camp can be a living
nightmare.

And that's how I feel about poverty and living paycheck to
paycheck it's a living nightmare.

What's worse, is that it doesn't have to be that way. We live in
the best of times, and the economic opportunities available to us
today are light years ahead of what our parents experienced.

Look around. Find an opportunity that matches your personal
interests, skills, and income goals, and then give it your 100% best
effort.

Financial success in your own home business may be just around
the corner. But you don't have to take my word for it. Read some
books by people like Robert Kiyosaki, David Bach, Suze Orman,
and Steve Scott. They will all tell you the same thing: "To get
ahead in life, you need to own your own business."

Ron Taylor
Making Massive Amounts of Money on the Net
www.5grandmonthly.com



Achieving wealth in America is not about how much you earn, but
how wisely you use what you earn. This report is aimed at helping
you to both increase your income, and manage your money
properly. Among other things, you will learn that spending more
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than you earn in an effort to impress friends and neighbors with
your material possessions is a recipe for financial disaster.

Additionally, lacking the patience to invest for the long-term,
develop action oriented goal statements, and failing to protect
yourself with proper insurance and legal advice, are all indicators
of poor financial management. Again, it’s not what you earn, but
what you do with it that matters.

Popular opinion has taught us that wealth and success comes to
those who are lucky, or cheats. I hope this report will show you

that this is not true.

One standard measurement of wealth is a six-figure income,
which pertains to the number of digits in your annual income. A
six-figure income equals anything above $100,000. According to
the U.S. Census Bureau, in 2004, the number of households with
income between $100,000 and $149,999 exceeded 11 million, 3.5
million American households had income between $150,000 and
$199,999, 1.3 million households had incomes between $200,000
and $249,999, and 1.7 million households had income above
$250,000 per year.

Unfortunately, the wealth of America cannot simply be measured
by income.

According to an article written by David Francis and published in
the May 23, 2005 edition of
Christian Science Monito ,
nearly
20% of American households have either zero net worth, or
actually owe more than they are worth. Furthermore, according
to Francis, 25% of American households do not have sufficient
cash reserves or other assets to support themselves above the
r
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poverty line for three months, and 33% of households do not even
have an active bank account.

What ever happened to the land of opportunity? Americans are
killing themselves with uncontrolled spending, easy credit, and a
complete lack of budgeting or saving skills.

So how does one measure wealth? And, when does a person know
if he or she has achieved “wealth?” For the purposes of this
report, wealth is defined as an income level derived from passive
sources that allows you to live without depnding on a job. Passive
sources are any income source that throws off a positive cash
flow, that you can bank or spend.

For example, the cash left over from a rental property after all
expenses are paid, is passive income. Likewise, interest from a
certificate of deposit, or dividends from stock investments, are
examples of passive income. With this definition in mind, the key
to creating wealth is to figure out how to create and build passive
income sources. To measure my progress in this area, I use a
simple formula:

Passive income/total living expenses = wealth quotient

Consider this example: If you had $1,200 per month in passive
income from a real estate investment and your cash savings
account, and $4,500 in monthly expenses to survive (house
payment, household expenses, etc), your wealth quotient equals:

1,200/4,500 = .26

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The ideal is to achieve a quotient of 1 or greater. The number .26
represents approximately one quarter of your desired quotient of
1 or greater. Change the numbers and watch what happens:

3,000/4,500 = .66

4,500/4,500 = 1

6,000/4,500 = 1.33

The key to long term financial success is to build passive income,
and free yourself from the need to work or “earn” a living. In my
opinion, when your wealth quotient reaches 1, you have achieved
wealth. The rest is simply a matter of how much margin for
safety and extra luxuries you wish to obtain.

Keep in mind that passive and portfolio income is typically earned
from fully insured and maintained real estate that provides a
positive cash flow, bonds and savings, dividends from Blue Chip
stocks, and royalties from books, patents, and music you may own
the rights to.

These rights to intellectual property, combined with the equity in
real estate owned and various certificates of deposit, stocks, and
bonds compsrises what is known as you capital base. As your
capital base grows, you are able to generate greater amounts of
passive and portfolio income (PPI). When your PPI exceeds your
basic living expenses, you have achieved a level of wealth that
enables you to make riskier investments in the pursuit of higher

yields and return on investment (ROI).

The key here, which is a lesson I learned from both “The Richest
Man in Babylon” and the school of hard knocks, is not to erode
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your capital base by making risky investments or spending the
money that makes up the foundation to your wealth building
aspirations. As my rough sketches illustrate, you should use only
the proceeds above and beyond your basic living expenses
(derived from your capital base) to make wealth building
investments and/or purchase the goodies in life.

If you violate this rule and consistently dip into your capital, you
will need to keep your day job to feed your consumption habits.

I am not in any way advocating a Spartan lifestyle—after all, the
pursuit of wealth is only worthwhile if you are allowed to enjoy a
higher quality of life for yourself and your family. The basic
tenet of this report is that you should carefully manage your
money to ensure your investment and wealth building goals are
heading in the right direction.

In the short term this may mean cutting back on the niceties, but
the rewards later on will allow you to enjoy the good things in life
above and beyond the norm. Robert Allen makes this point
perfectly clear in his book, “Nothing Down,” where he compares
your pursuit of wealth to a rocket ship leaving earth towards
space.

In the early stages, just after liftoff, your progress is slow and
awkward, but as you gain experience and continue to build your
capital base, your rocketship gains speed until it begins to break
free of the earth’s gravitational pull. Allen’s analogy is a great
lesson in wealth building and is well worth reading.

Again, this concept is vitally important to your acquisition of
wealth. Follow the steps of creating multiple streams of income
that ideally throw off positive cashflow to your hip pocket with
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minimal effort. These streams of income typically should come
from interest from savings accounts, dividends from bond and
stock investments, royalties from intellectual properties
(copyrights, patents, and trademarks), and rental income from
real estate owned.

Use this positve cashflow to offset your living expenses, then use
the excess (income above and beyond your living expenses) to
feed your investment activities. When your wealth quotient
exceeds 1, you have achieved a moderate level of wealth.

Other definitions of wealth consider income, where an annual
income equal to or greater than 1 million dollars constitutes
wealth. Using the net worth criteria alone, 3% of American
households qualify as “wealthy.” According to recent studies of
millionaires in America, most millionaires (million dollar net worth)
live by modest means, drive non-luxury cars, and do not own

luxury homes.

Wealthy Americans are generally professionals such as attorneys,
surgeons, and scientists, with the entrepreneurial group gaining
ground. A great book to read on this subject is
The Millionaire
Next Door,
by Thomas J. Stanley and William D. Danko.

Various consumer watch groups and the U.S. Census Bureau
estimate there were 8.2 million millionaire households in the
United States in 2003, much of which was realized through high
home values. Robert Kiyosaki does not allow the inclusion of
personal residences in his calculations of net worth in his
Rich
Dad, Poor Dad
book series, preferring to limit such calculations to
investment property, liquid assets, and businesses owned or
controlled.

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Using his definiiton of wealth, the number of milionaire status
households in America would be significantly lower.

Use the tables below to find where you fit in the overall scheme
of wealth and income in America, based on your age and ethnicity.
While comparisons of such numbers mean little on the individual
level, it is interesting to see where you fit.

Median Income of Households by Selected Characteristics


Characteristic
Number
(thousands)
Median
income
All households 113,146 $44,389
Type of household

Family households 77,010 55,327
Married-couple families 58,109 63,813
Female householder, no
husband present 14,009 29,826
Male householder, no
wife present
4,893 44,923
Nonfamily households 36,136 26,176
Female householder 19,792 21,797
Male householder 16,344 31,967
Race and Hispanic origin of householder
White 92,702 46,697
Non-Hispanic 81,445 48,977
Black 13,792 $30,134
Asian and Pacific Islander4,140 57,518
Hispanic origin 12,181 34,241
Age of householder

15–24 6,686 27,586
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25–34 19,255 45,485
35–44 23,226 56,785
Age of householder
Number
(thousands)
Median
income
45–54 23,370 61,111
55–64 17,476 50,400
65 and over 23,135 24,509



Wealth, Warren Buffett Style

Warren Buffett once stated “It is easier to
create
money than it
is to spend it.” The operative word in this statement is his use of
the word “create.” By create, Buffett does not mean to make or
earn money. Creating wealth is not about getting a second job or
negotiating a pay raise, although these things can certainly help in
the beginning stages of wealth building.

Creating wealth is about finding ways to preserve the money you
do earn, putting it to proper use, and learning how to develop

income sources from outside your normal day job, as discussed in
the section above.

Warren Buffett created his billion-dollar empire by investing in
companies and adding value to their product or service. As a
beginning wealth builder you can similarly add value to the
enterprises you undertake by producing a better product,
marketing your services more effectively, and making wise
investments in real estate, stocks, bonds, and intellectual
properties.

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Another quote from Warren Buffett illustrates his philosophy
towards investing. Buffet states: “I don’t try to jump over 7-foot
bars: I look around for 1-foot bars that I can step over.” This is
an interesting strategy that you will see over and over in creating
wealth and investment success type books.

Essentially, Buffett is telling you not to overwhelm yourself with
the need to hit a homerun every time you step up to bat. A steady
stream of singles wins games. From an investment or business
startup perspective, this means you don’t have to bet the entire
farm on one deal, nor do you have to make a million on your next
stock market investment. This philosophy is echoed throughout
this report, where I implore you to think big, but to also think in
terms of small successes repeated over and over. Again, if you
can make a hundred bucks doing something within your current
capabilities and resources, could you repeat it? Creating wealth

can be that simple.

Donald Trump is an excellent example of this numbers game.
While he came from a long line of successful entrepreneurs,
Trump can be considered a self-made billionaire. In his book
“Think Like a Billionaire,” Trump outlines his strategy for success.

One of his key points that most self-made men and women can
relate to is the need to go it alone. Aside from the investor and
lender support you will need along the way (which you will pay for
in the form of interest and dividends), the process of creating
personal wealth is a solitary one. Nobody cares about your
finances quite as much as you. Nobody will hand you an empire.
And nobody will sell you a thriving business. Creating personal
wealth is up to you.

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It’s up to you to take a lump of clay, known as an idea, and shape
it into something valuable.

Fortunately, we live in a society that rewards ingenuity, hard
work, and perseverance. Use the ideas in this report to jumpstart
your financial education and start the potter’s wheel turning in
your direction. I had to learn these lessons the hard way, as I
will show you in the next section.


Work Sucks!

Go to school, get a job, retire broke. What a vicious cycle. Would
you like to:

Make real money?
Get out of debt?
Take more time off work?
Retire early—with money?
Buy a house?
Maybe even get rich?

Your job will never help you achieve any of these things. Sorry to
clue you in to this sad little fact, but your job is not the answer
to these questions. Let’s be frank—your job sucks!

But, for a few of us with a little initiative and a bit of vision, a
home-based business may be the answer to those questions above.

By now you’re probably thinking you don’t have the business skills
to be successful, or you don’t want to have to sell things. Hah, if
you work at the mall or at the local fast food outlet, you sell
things—only for somebody else. As for business skills, who gives a
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flip; business majors are not brain surgeons—or even educators
for that matter. I know, because I was one.

My degree landed me an assistant manager’s job at a hamburger
joint you would know well, where I proceeded to waste six of the

best years of my life. I told you I was stupid. It took me six
years to find the exit.

As an Internet surfer and blogger you know a lot about business
and social networking. Business is about creating relationships
with people, and using your natural skills to make friends and
maintain online relationships. Believe it or not, you have the
ability to create a highly successful online business—starting
from where you are at today.

Why let this natural talent and free resource waste away while
you think about applying to flip burgers down the street? Forget
it.

Working for the man is for losers too ugly or socially inept to
make a friend. Who’s the man? He’s the guy that strolls into the
store once or twice a week to pick up the bank bag you filled.

Do you know how to make friends, or maintain positive
relationships with others? These are the basic skills of
entrepreneurs. And the nice thing about being your own boss is
spending time doing the things you want to do, in the way you
want to do them, rather than sweating over a hot grill flipping
burgers for minimum wage while some guy who barely speaks
English tells you you’re doing it wrong.

Get real. There’s more to life. Starting today, resolve to learn
more about starting and operating a home business—preferably
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with your computer. Start putting your natural skills to work to
create your own business. You can thank me later.


Fired Temp Worker Gets Revenge!

Temping ain’t easy.

Trust me. I learned this lesson after leaving an exciting career in
the fast food industry.

You work for minimum wage. Get the worse job assignments in the
company. And, you can be replaced without justification at a
moment’s notice.

In three years of temping, I did not accrue a minute of vacation
time, or a dime’s worth of medical insurance. I shoveled cattle
feed in the morning and its inevitable by-product in the evening,
cleaned toxic waste filters the full-time employees wouldn’t
touch, and chased bats from an attic that I honestly believe was
haunted by the tormented soul of a betrayed mistress. Like I
said, temping ain’t easy.

But it was work. Honest work that put food on the table and paid
the rent. And that’s about all it did.

Have you ever heard the expression, “living paycheck to
paycheck?” During those three years I was the poster boy for
living paycheck to paycheck. I don’t mean to bad mouth the entire

temp industry. Temporary service agencies provide a valuable
service for both employers and job hunters, and I’ve heard that
some even offer bennies. But I don’t believe it was meant to
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serve as a long-term solution for anybody with an ounce of
ambition.

To make a dreadfully long story short, I eventually got fed up
with the nonsense and told one of my temp bosses what I thought
of him and his haunted attic. Two minutes later I was being
escorted off the property by a security guard—a temp worker
himself if I remember correctly.

So after six years in fast food and three years in the temp
business, it finally began to dawn on me that making the same
mistakes over and over was not only proof of my thick skulled
mentality, it was also proof that you cannot get ahead working to
help somebody else achieve his or her goals.

Lately I have learned three important lessons from people like
Robert Kiyosaki, Suze Orman, and David Bach. While each of
these writers is unique, they all basically say the same thing:

Learn to spend less than you earn.
Buy appreciable assets that produce a positive cash flow.
And, find a way to create multiple streams of income.

One of the best ways I know of to achieve these three points is

to own and operate your own business. Now this isn’t rocket
science, and it doesn’t take the Bank of Switzerland, or an SBA
loan for that matter, to get started. All it takes is a little
initiative, sprinkled with a healthy dose of persistence, patience,
and promotion. Take it from me, a small business gives you the
ability to make money, build a residual income, and perhaps create
wealth.

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So, what was my revenge? Success. I left the temp business and
started my own home-based business. Now I do the hiring and
firing. Su-weet.


The 3 Ps Of Business Success

Before you race off to start your own business, let me give you
three words of advice: persistence, patience, and promotion.
These three words form the foundation to any business success.

Woody Allen was fond of saying “90% of success is showing up.”
In business this can be interpreted to mean that joining or
starting a business, versus not starting one at all, is the
foundation for success. Obviously, if you never get around to
starting a business, you can’t succeed in building a business. But
the concept of persistence goes beyond just starting a business.
True success lies in overcoming obstacles, learning from your
mistakes, and never quitting.

To help you persevere in the face of adversity, it helps to be
patient. Patience is definitely a virtue in the business community,
as not everyone will see your vision, or rush to support your
dreams of empire building. Knowing this upfront, it is easier to
shrug off rejection, find ways around obstacles, and weather the
storms of cash flow problems. Patience truly is the cornerstone
of any success, as most legitimate business endeavors take time
to develop and mature.

The third leg of your business success is the fuel that propels
your business forward. Promotion is the art of sharing your
business opportunity, product, or service with prospects. While
the persistence and patience may be defined as character traits,
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your willingness and ability to promote is a learned skill. You need
to study the marketplace, particularly your industry to know what
works and what doesn’t. Try not to re-invent the wheel here. As a
business startup you probably won’t have the budget to roll out
risky promotional campaigns. Start small, copy the leaders in your
industry, and never be shy about testing or tweaking your
promotional packages.

In the end, successful business owners have proven themselves
through a keen awareness of how persistence, patience, and
promotion can build a cash machine.

Creating Wealthy Habits

One of the wealthiest men in America, John Jacob Astor, once
stated, “Wealth is largely a result of habit.”

Astor created his wealth during the Industrial Revolution, yet his
message as just as true today as it was then. In my opinion,
Astor’s quote may also apply to poverty, or just getting by in life.
Sadly, the truth ain’t always pretty, but here it is:

Where you are at today is the result of habit.

To achieve financial wealth you need to take an objective look at
your habits. Are you in the habit of spending more than you earn?
Or, are you in the habit of tucking a piece of each paycheck into a
savings account or investment? The habit of saving is the bedrock
to financial success, so much so that W. Clement Stone claimed
your ability to save is a prerequisite to creating personal wealth.

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Buying things that you don’t need that always depreciate in value,
such as a new car, recreational vehicle, or the latest and greatest
living room furniture. Robert Kiyosaki referred to these things as
“doodads” in his book Rich Dad, Poor Dad.

Wealth Killers: Failing to recognize or acknowledge the power of
the Internet to help you create additional income, and
squandering your hard-earned money on things or recreational

activities that provide instant gratification while ignoring the
long-term implications of not investing for the future.

Wealthy people make creating wealth a priority in their lives.
They accept personal responsibility for their success, create
goals, and use money to build businesses, support charities, and
enjoy life.

You could argue that the wealthy were lucky enough to be born
into a wealthy family, but the statistics state otherwise. Only
15% of the wealthy households in America attribute their wealth
to inheritances. That means 85% of the wealthy population
earned their wealth through hard work, wise investments, and
successful businesses. In a sense they found something that
worked and repeated it over and over—kind of like a habit, you
might say.

Wealthy people habitually do those things that create wealth. You
can join this elite group by developing new habits, such as starting
a home-based business using the power of the Internet. Today
you have access to the most powerful marketing system in the
history of humankind—the Internet. Using the Internet and
exploring sights such as the one listed in my bio, entrepreneurs
have literally gone from rags to riches overnight.

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Change your habits and change your financial future.

To Create Wealth You Gotta Be In the Game

There is a famous quote by Theodore Roosevelt that you may be
familiar with. Roosevelt said:

“Far better it is to dare mighty things, to win glorious triumphs,
even though checkered by failure, than to rank with those poor
spirits who neither enjoy much nor suffer much, because they live
in the gray twilight that knows neither victory nor defeat.”

In my opinion Roosevelt’s quote captures the spirit and tenacity
of the home-based entrepreneur. We are not happy on the
sidelines, watching as others achieve success. Nor are we swayed
by the risk of failure, because we know that the potential
rewards far outweigh the risks.

As Roosevelt’s quote also suggests, the road may not always be
smooth. In fact, sometimes the road to success is “checkered by
failure.” It’s at those times that the measure of a person’s
determination is taken. There’s no such thing as an easy road to
wealth. However, if you combine persistence, patience, and
promotion with a legitimate opportunity, your odds of achieving
success are greatly increased.

Challenge yourself to not be counted among the ranks of those
“who neither enjoy much nor suffer much.” You’ve taken the bold
steps to join a home-based opportunity, now I invite you to
consider ways you can promote your business. Lately I have been
using an autoresponder available at www.getresponse.com

. Building
an opt-in list is a slow process, but you have to start somewhere.
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You can also look at setting up a blog at www.blogger.com. It’s
free, and the html editor feature even allows you to post banners
inside your blog. You can also of course post free blogs at
Myspace. If you edit your blog header, you can have an banner
that promotes your business on every page of your MySpace blog.
One technique I recommend is to not even talk about your
business opportunity in your blog. Simply conclude each blog entry
with a signature file that includes your name and business
referral link.

Speaking of links, I have recently purchased several domain
names at www.godaddy.com
. Each name costs about $9 per year.
You don’t have to have the domain hosted, or spend time trying to
build or maintain a website. Simply forward, or redirect, traffic
from that domain name to your business link. For example, I own
the domain name www.5grandmonthly.com
. I now use that address
in most of my ads. This gives my ads a bit of uniqueness, and
eliminates any stigma that may be associated with “affiliate” type
links.

As for free classified ads, there is only one place where I have
received positive results, and that’s www.craigslist.org
. I highly

recommend you take a look at this service. Craigslist is one of the
top ranked websites on the Internet. Depending on what city you
select to advertise in, your ad could potentially be seen by
thousands—all free. Craigslist is picky about how you word your
ad, so you may have to experiment a bit. The best thing to do is
browse similar ads and see how other people have written theirs.

I encourage you to re-read Roosevelt’s quote and think about how
important it is to be in the game if you expect to win.


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Four Trends That Can Make You Wealthy

The wealthiest people in the world acquired their wealth through
a careful recognition and exploitation of a major trend. For
example, Bill Gates took advantage of the birth of personal
computers and made billions by marketing software that enabled
people to use their computer. Sam Walton took advantage of a
trend in retail sales and developed a self-service, discount
department store concept that became Wal-Mart.

We are at the brink of four major trends. These trends are the
Internet, the aging of the world’s population, the exploding home-
based business market, and the growth of the wellness industry.

First, the Internet is an exciting marketplace, made up of nearly
1 billion global users. People have become accustomed to using the

Internet to purchase products, and have gained confidence in its
security and ease of use.

Second, the world’s population is aging. One-third of the
population was born between 1946 and 1962, and over 18,000
people turn 50 years old everyday. This offers a huge market
potential for people who can address the needs of older adults.

Third, the home-based business craze is sweeping the world to
the tune of over 14,000 new home-based businesses starting each
day. People are coming to terms with the fact that Social
Security and pension funds will not allow them to enjoy a standard
of living that meets their expectations. In fact, the U.S. Census
Bureau estimates most people in America will retire on less than
$10,000 per year.

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Fourth, people around the world have become more concerned
with their health. There is a current trend to spend more money
on natural or organic foods, and quality supplements.

In my opinion, creating wealth has never been easier for people
willing and able to recognize and capitalize on these four trends.
Find an Internet, home-based business that addresses the needs
of older adults, and you’ll have a winner.


Wanna tell your boss to kiss off?

Just about everybody I know would say “yes” to that question.
Sadly, according to IRS and U.S. Census data, about 96% of us
will never be able to do that.

If you look at average household income data compared with
consumer spending, one reason for this dilemma stands out—we
spend more than we earn. Which basically means, we are too
broke to quit our jobs.

The first step in the wealth building process is the most difficult.
Spending less than you earn is an obstacle to success, and in my
experience, trashes the dreams of more wealth builders than
anything else.

Quite simply, if you cannot control your spending habits, you do
not have the potential to achieve wealth—short of winning the
lottery, landing a mega-millions sports contract, or inventing a
cure for cancer. Here’s the challenge I’m laying down for you:
Learn to spend less than you earn by either decreasing your
expenditures or increasing your income.

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Try not to focus on cutting out all the good things in your life or
forcing a draconian budget on your family. Instead, cut out the
obvious wasting of money, stop buying frivolous things on credit,
and figure out how to make $300 to $500 extra each month,
outside your current job. Please don’t think in terms of another

part time job. Think in terms of what home-based business or
investment can bring in the money.

There are literally hundreds of legitimate ways to make money at
home, and I hope you can find the perfect opportunity to match
your interests, skills, and income goals.



Call To Action

I like to take a no-holds-barred approach to business. That means
when I see an opportunity, and decide it offers a low risk and
high payoff potential, I jump in. I’ve been burned a few times in
my over-zealousness, but an occasional failure is part of the
game.

Over the years I’ve learned you either play the game, and accept
the risks (it helps to understand the risks going in), or you don’t
play. In my opinion, life is too short to waste time on the
sidelines. I rode the bench in high school football and hated every
minute of it. The publication you now hold is an expression of my
“play the game” business philosophy. Be a player, not a spectator.

Most of what I’ve learned about business I learned on the
streets, playing the game, getting knocked down a few times, and
getting back up in time for the next play. During the past 12
years I have built and managed several successful companies
For More Money Making Ideas, Visit:

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using a technique of (1) educating myself about a business
opportunity, (2) diving in and learning from hands-on experience,
and (3) using this knowledge and new found experience to gain
insight into how to play the game better, and how to adapt my
behavior to find either a profit in the business, or minimize my
losses.

Throughout the trials and joys of business ownership, I have
learned there is one constant in life: nothing stays the same.
Change is everywhere. Be flexible. Treat every circumstance as a
learning opportunity, and never rest on yesterday’s successes; for
tomorrow is another day.

In the end, don’t let the words “he/she had the potential to
achieve great things” be a part of your epitaph. The words “had”
and “potential” are clues to a life full of promise never realized.
As Woody Allen told us earlier, you have to show up. You have to
be willing to take the plunge. You have to do the things other
people refuse to do. You have to persevere in the face of
adversity. And, you have to believe in yourself, no matter what
others may say and think about you.

Fortunately, there are literally hundreds of opportunities out
there, waiting for you.

You’ve taken the first step towards a brighter future for
yourself and your family by reading this report. Thanks for your
trust. Hold nothing back. Take no prisoners. Enter the game and
remove yourself from the “gray twilight” of neither victory nor

defeat. The worse that can happen is that you will learn a lot
about running a business, and more about human nature. The best
that can happen will depend upon you. In today’s world, you truly
set the limits to your success.
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For More Money Making Ideas, Visit:

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Here’s a summary of my idea of how to create wealth. I own a
brick and mortar business that earns a decent enough profit to
make it worthwhile to continue. Additionally, I have three online
businesses.

Think of each of your businesses as a stream of income. Each
stream feeds into a small bucket. At the end of the day the
water (profits) from these streams is poured into a large barrel
(my bank account), which is then funneled into appreciable assets,
such as stocks, bonds, savings, and real estate.

While the cash flow from my businesses is nice to have, its true
purpose is to feed my investment machine. Start your cash
machine today by learning how to create multiple streams of
income.

Success in life and business
is about learning how to play the game,

getting involved,
and never quitting.
You can subscribe to my free weekly newsletter by sending a
blank email to Or,
you can do a search at Yahoo Groups for Creating Wealth Boot
Camp.

Ron Taylor
Making Massive Amounts of Money on the Net
www.5grandmonthly.com