Guerrilla Wealth Tactics
GWT #3
Revenue is not profit!
Week 3 and today I want to talk about Profitability:
Focusing on Selling leads to Revenue, a good thing...
When rich people run their business, here's their formula:
Revenue is always going up, and
Cash Flow is up, and
Profits are up, and
Expenses are going down or under control.
Poor business owners think that if revenue is going up, they will be OK.
THEY WONT, Because they tend to spend more on overhead they can't really afford.
NEVER spend money before it is in the bank!
Cash flow management is the key.
Get the money first then deliver the product if you can.
Pre-selling your pro...
Guerrilla Wealth Tactics, "GWT" Week 2
It is time to continue the conversation about building wealth in your business and personal life.
Successful people always finish what they start.
Through the finish line, Never quitting!
GWT #2:
"FOCUS ON SELLING and SALES!"
The energy and profit in your business involves Selling.
The activity of selling!
"FOCUS ON SELLING and SALES!"
Poor business people are consumed with doing "operations"
We must focus on the selling.
Operations can take the form of any number of , "important" activities like office work, accounting activities, paperwork, errands, etc. This is where many people get into trouble.
Sel...
Guerrilla Wealth Tactics
I've been on a hiatus for a couple months planning something big for you.
Here's my next Marketing tip of the week training for 2014.
"Guerrilla Wealth Tactics"
A Rich Guerrilla Business vs. A Poor Guerrilla Business does not just happen by accident!
When you say "I know that", these can be three of the most dangerous words in the English language"
You know it when you," Live it!"
You've arrived when you can say, "I Do That."
The first Guerrilla Wealth Tactic or "GWT":
GWT #1:
FINANCIAL INTENTIONS
Rich and Successful people have 3 financial intentions
* Working Income is always going up
* Passive Income is a must. Ma...
Million Dollar Ideas!
Coming up with Million Dollar Ideas is a learnable skill..
As a Quick Wrap up here's a list of the 5 secrets for coming up with Million Dollar Ideas.
This is a short list and offers you a springboard for ideas that can change your life.
1. Find Problems you see around you and Solve them with a product or service.
2. Improve everyday items and Make them better.
3. Model a proven winner product or service and make it better.
4. Piggyback and sell successful products as an affiliate.
5. Change the niche of an existing product.
This can also be called re-purpose the product into a new use or niche.
We have opportunities around u...
Million Dollar Ideas!
Coming up with Million Dollar Ideas is a learnable skill..
Secret 3.
Model a Proven Winner (product, service or idea) in the Marketplace and Make it better!
Give it some Lag Time, then find a product that's working and model it or buy the rights to it.
Secret 4.
Piggyback or Affiliate Products (Hot Products)
Innovate ways of selling new products that are being invented every day. As an affiliate, you are paid to sell Hot and successful products.
Every company can use more and better marketing.
Secret 5.
Change the niche of an existing product.
A new twist for a successful product that is already selling in a given niche.
...
Million Dollar Ideas!
Coming up with Million Dollar Ideas is a learnable skill..
Secret 1.
The age old axiom: Solve People's Problems is the key!
Look for problems around you, and solve the problems.
You will become not only everyone's best friend, you will become very wealthy!
Secret 2.
Improve everyday products that already exist.
Think of irritating inconveniences that affect everyone around you and opportunities abound:
Any product, item or service around you can be improved.
Think of how you can change that______ to make it better!
Anything from the chair you are sitting in to the computer on your desk, to the hammer in your nail belt.
Here'...