Rich Twin Poor Twin

 A good indication of what is going on in a person’s mind can be found by looking at their everyday surroundings and environment. I recently found photos of our older brother’s refrigerator that we took when we visited him. Take a look at it:

That just shows me what was on his mind for the last few years. He has his Phd now and recently found a 6-six figure income job! He probably mastered those equations to get his Phd and placing them on his fridge helped.

Here is a photo taken of our refrigerator a few months ago and some books

Writing down goals and placing them where you see them everyday helps you focus your energy and thoughts on achieving them.

Want to make more money? I mean a lot of money – a lot of easy (passive) money? Then you have to start your business. Just like the word ‘stocks’ or ‘options’ or ‘investments’ a lot of people will just roll their eyes and conjure up their preconceived ideas and emotions to that word. ‘Ahh another silly blogger talking about business’ will probably be your thoughts. Its quite understandable too – a lot of bloggers these days think that they have a “business” just because they have a blog site up and are earning 1-2 bucks (if they are lucky) a month putting in 2-6 hours a day.

Lets just settle a few questions with this post – First off my twin and I want to make it clear or state right now that we do not make even 50 bucks a month on this site/blog at this moment. Its the truth. I probably spend about a good solid 30 minutes a day on this blog when I get bored which is more time I spend on some of my income producing businesses and sites. I’m not gonna lie I tried to montenize this blog but have found out that it requires a few resouces we need to secure first to make it scalable, automated, and profitable. The blog business jsut does not fit my style of business right now but it can. My twin and I found this out after the first 2 weeks of starting this blog but just did not have the vocabulary or words at the time to explain it. So like most bloggers we just kept the way we did business like usual – hence we are averaging 30 cents per post right now. HUrray! We did however take the lesson from it and made other sites. Hence you also see how we did not blog for weeks at a time. We started this blog to track our journey to mastering money or getting out of the rat race, or getting passive income or whatever idea we had back then. Basically a journal for those who shared in our journey. I know exactly what new and starting entrepenuers want/need even if they only know it subconciously or not or just don’t have the words to decribe their wants. We even wrote a book on it but took it off the market. Anyways…

So what the heck is a business? To me and my twin a business is just a money making system where we just set it up correctly and collect the cash – freeing more and more of our time to do whatever. Some people like to set up a system, make it work for a few months, sell them, then repeat the process again – that can be fun but is too much work for most people.

How to Start your very own business these days

Don’t waste your time and think that you have to get special education like an MBA or a business experience from a company to start your business. You don’t even need to form a company or make business cards or quit your current job. You don’t even need an original idea or a good idea. You don’t need a ton of money to start. And you DON’T need to dedicate long hours to start. Also if you are into the website business you will soon find out that you really don’t need to learn all that goobly goop fancy java/ajax coding technicals. What you do need is motivation to actually start in the beginning. You CAN NOT be lazy in the beginning. Even though your goals is to get sweet passive income, you have to go through the trails and test a lot of stuff to build your own style of successful businesses. This means you have to take action to actually try to setup a system to make money to MAKE yourself a GOOD business man or woman.

It is not easy to overcome fear and conquer anxieties that may be controlling your life. To overcome fear, you have to understand where it is coming from and why you are hanging on to it. Most importantly, you need to know how to banish fear from your life, and allow yourself to experience new and exciting things.

It’s normal to be afraid. Everyone’s always afraid of something, whether it’s public speaking, heights, spiders…those are perfectly common fears or phobias. But there are bigger fears in life to overcome that may spell the difference between having a successful life or a meaningless one. Overcome fear of failure and fear of change, and you could be getting so much more out of life.

Now how do you overcome fear?

First of all, you have to take the time to sit down and make a list of all your fears in life. Ask yourself why you are afraid of them and how you have been dealing with these particular fears. Figure out what’s more important to you – avoiding your fears or overcoming them in order to reach your goals. The answer should come to you easily enough and that’s a major step in helping you overcome fear. Make a list of your biggest ambitions in life and write down the things that prevented you from accomplishing them as well.

You must also learn to stop listening to your inner critic. Your inner critic is your voice of doubt and worry, the one that always tells you why you can’t do certain things. You may have been living with it for years, but if you develop enough strength and faith in yourself and your abilities, you will be able to overcome fear by shutting out one of the major things that keep you from your dreams.

Remember to let go of your preconceived notions. Ideas you have formed about how impossible some things are and how imminent failure can be can make you afraid of what will happen if you pursue your passions. Thinking positively about the future is a good way of ensuring that you overcome your fear enough to take charge of your life.

One major way to overcome fear is to really look it straight in the face. Giving yourself an inspired push and taking baby steps towards your goal will help you see that it is possible for you to succeed and will help prove that your fears are unfounded, which should give you enough courage to forge on.

Once you’ve finally learned to stop giving in to fear, then you’re well on your way toward attaining your goals. Don’t worry if it takes you some time to reach this level. Learning how to overcome fear may take some work and needs a lot of patience, but the rewards are endless. You should keep that in mind when working on conquering your fears.

It would not be an overstatement to assert that procrastination is one of man’s attitudinal problems. It is in fact a complicated issue that has eaten deep into the opportunities and corresponding successes of man. In this report, the grave effects of procrastination has been outlined, so you can understand the influence it exerts on your chances of daily successful achievement. Procrastination itself is to delay or put off something you ought to do for whatever reason. There are numerous reasons why people don’t seem to understand why they should act and do thing on time.

Imagine a world without light “ how it would be like if Thomas Edison had procrastinated on discovering a light bulb; if Henry Ford or Eiji Toyota had procrastinated on developing a motor vehicle; how communication would have fared if Graham Bell had procrastinated on giving the world the telephone set. The list can never be exhausted. Imagine a world void of these few things I have just mentioned. In fact, this medium of data transference (the Internet) would have been completely impossible! So you wouldn’t have actually been able to read this piece of information if someone somewhere had procrastinated in something. Now it is human nature to think that other alternatives would surface. Think of the numerous persons that conceived the idea of discovering and producing such things (I do understand that an idea is not peculiar to one man on the planet at the same time. There are pockets of sparsely distributed ideas to different persons in different location at the same time) and were not able to. Procrastination is the driving force, the destructive catalyst that empowers such unproductive returns.

The cost and effect of procrastination can be extremely grave in all spheres of life “ the personal, spiritual, psychological, professional etc Now pause for a minute to think of the lost relationship as a result of he few contacts you refused to act upon immediately. The latter you push off keeping contacts both in business and personally, the easier it is to loose important customers and people. Think of the disputes you never got settled because of the constant delay “ “I will call him and get over with it tomorrow”. And a new today keeps bringing in a new tomorrow till it becomes too late. The effect of procrastination can cost you too much in business – the lost opportunities to cash in on , think of the cost of not being proactive, of not being the market leader “ nobody ever wants to be associated with the second best “ even you!

Lost opportunities definitely will cost you money. Now, you wouldn’t tell me you do not know how it feels not to have money on you or at least in the bank. You are as good as dead friend. You’ll definitely be angry all the time. It gets a lot easier to be infuriated once you don’t have money. This all compound to instigate dispute in the family. Your spouse or children suddenly become the cause of your trouble. Your mental health starts to deteriorate as stress sets in, so is low self-esteem and confidence guilt and feelings of inadequacy.

I once heard a story about a man who was seeking enlightenment. He searched far and wide to find people who had actually achieved it in their lifetime so that he could learn from them and experience it himself for just a brief moment in his own life. He soon met a wise Buddha and asked him “What is the quickest way for me to achieve enlightenment?” The Buddha responded “The quickest way to achieve enlightenment is to practice everything everyday.” At first I didn’t get it but I thought a little more and saw the truth in it. We get better at things we focus and practice on. Imagine that, practicing how to breath, stand, move, walk, talk, eat, sit, sleep, increasing wealth, health, etc. Now I don’t know about you but there are only a handful of things that I can really say I’m really good at after years of practice (one of which is Counter-Strike) and I have reached the point where I knew I owned it or truly mastered it. The day I knew I mastered it, it was indescribable and just had to be experienced to understand. So if one was to able to reach mastery in everything, they would just be on another level knowing that they owned everything.

This bring us to the subject I want to talk about. Ever since high school my twin and I found a simple but unyielding law which is that either you are growing or dying. Ever since HS we were pressured by our parents to get A’s (basically to master getting A’s in school). We soon found out that the only real way to do so was to always practice and keep growing on our knowledge and finding new ways (some good some evil) to get those A’s. If we stopped practicing our grades would every so slightly slip. Now here we are with a few businesses that follow the same exact principles. We have come to see that your business is either GROWING or DYING. You have to be honest here, dead honest. There is no middle ground or staying stable. Anyone who has a site or business that is growing or growing fast will most likely be very happy. But when things are being neglected and your business is dying, or not growing, it feels really bad even though there is still cash flow. You will most likely want to move on to a new one since it it not growing.

What determines whether your businesses or how much money you are bringing in from them is going up or down depends on 3 small things which most of you already know.

1. What you focus on in life grows. If you focus on increasing revenue and ROI, they will grow. Many will scream “But how? How do I do it? I don’t have time, I don’t have the skill, etc etc” Again, the answer is ‘What you focus on in life grows.’

2. What numbers and stuff means to you. One guy earning 100 bucks a day with growth projected at 15%/month for the next 4 months might feel SUPER. But for another who might be earning $10,000 a day who sat down and projected a negative growth might feel desperate or insecure at that moment with what he has now. So now he will do something about it and might go into something else.

3. What the heck do I do now, today, tomorrow? This is really determined from your decisions resulting from 1 and 2. Want to grow or grow faster? Make better decisions. Make better decisions by practicing and making more and more of them. Don’t hide or procrastinate because that just means you’re dying and will continue until you either focus on growing it or go into a new business.

That question is very interesting to me because my twin and I wrote and published a book, Zero To Cash, on how to start with ZERO dollars and still get out of the rat race, quickly. But we found out that many people don’t even know what that means. Most just want to make a lot of money, thinking that that will solve their money problems. Now for those who do not know what is the rat race or what it means to get out of it, here is a short description of the two. Rat race is a term that generally describes a situation where person has no choice but to work. He needs to work and ‘put his nose to the grind stone’ to pay off expenses and liabilities. If he does not work he has no other source of income.

Now to escape or get out of the rat race, a person has to get enough passive income to cover all the living expenses and monthly liabilitity bills each month. You can read more about it here: http://en.wikipedia.org/wiki/Rat_Race So, the moment a person is generating the amount of monthly passive income EQUAL to his monthly expenses, he is technically out of the rat race because he does not have to physically work in a job to pay off those expenses each month, as long as he has those passive income streams flowing to him. In Robert Kiyosaki’s Cashflow board games, getting out of the rat race is the first half of the game and the toughest part. In that game, you can generate passive income through quite a few means just like in real life including Rental property, businesses, franchises, paper assets, and bonds.

If I had to start all over again right out of college with zero bucks I would do the following to get back to where I am now. The first thing if I was in a job is to read Robert’s books and maybe some other books. But in terms of raising financial IQ these books are the best I have found to start with.

1. Get a job. LOL you gotta start somewhere. Yea it can be humiliating and you can feel it eroding your spirit day by day but keep your goal in mind and power through. Fullfill your obligations to your boss and get those checks.

2. See where you are at. This is a must. Every month, or even bi monthly, generate a spreadsheet that shows your expenses ( car insurance, food, rent), amount of passive income, liabilities (monthly car payments, student loans, etc), and assets (stocks, savings, bonds). Remember, the moment your passive income = your expenses+monthly liabilitiy payments you are out of the rat race.

3. Basically setup all the bare minimum stuff you need: Get those paychecks, get a bank account, get direct deposit, get a credit card, GET a PC, Get internet, get paypal, get an EBAY account, get a cheap server from hostgator asap, frontpage or some web editting tool, Get clickbank, get a site to be approved by adsense, adbrite, azoogleads, YPN, textlinks etc etc., What I would do in this day and age is to start generating passive income through the internet with my own websites and by selling other people’s stuff and my own stuff (not physical products but digital ones).

4. BUY, CREATE, RENT or CONTROL Assets. Thats about it in 3 easy steps. Here are more details if you want to leverage the power of the internet: Start off by selling digital products on ebay – return is literally in the thousands to infinite here. Yes there is money in EBAY with eager buyers. A lot or little work is needed for digital products and the profits are huge if you know what you are doing. This is where we started and I would start here again. Learned a lot about setting up systems, pricing models, selling digital products, marketing, knowing your buyers’ wants and needs and write good ad copies here. Quick and instant cashflow here right into your paypal account. Make that first site of yours an asset by selling the same ebay products you sell with the addition of support, information, links etc. Get clickbank to sell more of your products and other similar products. Reinvest 80% of the profits back into the system and into new ones. Unfortunatley for those who are just starting, you will have to test a lot of systems until you find the one that fits your goals. You also soon realise that you must spend your money wisely to generate sales and the power of affiliates marketing your products for you.

5. Collect the cash from your paychecks, paypal account and start larger projects. Think BIG and focus on passive income steams from stocks (automated online trading systems and diviend paying stocks) and even savings accounts with 5+% return. Create a LLC or company to separate your accounts when you get enough cash.

6. Stay Hungry – read or listen to Tony Robbins. Buy or GET Robert Kiyosaki’s audio books and drill all of the information in your head. Listen to it everyday and night until the lessons are ingrained in your thought patterns on money. Go back to step 2 until you are out.

I recently opened up one of my old notebook that I had used for writing down my goals last year. The notebook contains many random stuff, ideas, drawings, doodles, notes and usernames for emails, etc. I was flipping through this one because it did not have many pages in it and found a page where I set down some serious goals. Goals that I thought seemed to look IMPOSSIBLE or just really BIG for me back then. Surprisingly I actually got most of the goals I set on that page or have come very close to reaching them. I actually don’t remember writing the goals down but I do remember that I wanted to write down my most wanted or biggest goals first. Take a look at the picture I took of that page in the notebook:

1. $10,000 in passive income per month. Check.

2. Corvette, Red. I got enough money for it but haven’t looked at cars lately. I’ll get one soon enough.

3. Alienware ALX. Got an Alienware 7500 instead.

4. CAL-M for WoP Team. This was a goal I had to get my Counter-Strike Source Team from CAL-Open to CAL-Main. Done.

5. 1000 Sales of WoP Book/Guide. Done. We sold our 1000th book back in December.

6. Choice to QUIT job without caring about money. Done. My twin and I now have a choice. We can work or not work in our company.

This is actually not the first time I flipped through a notebook I used to keep goals and ideas down and found out my goals were actually manifested into reality. I started writing down all my goals one day when I woke up. It was actually at work that I picked up the notebook that all new employees at our company received and started writing down random stuff, ideas, goals, etc. I later read books and heard tapes talking about the magic in this seemingly haphazard, whimsical, and even weak or boring approach to getting things down or starting point to achieving something you want in life. I strongly suggest you try this out no matter how crazy it may seem. Also note that you should not care about the size of the goal you set because it is just big in your head. It may appear to be small or weak for others. So if you want to get anything you wish for then write it down. Just be a kid again and ask for anything you want because LIFE will give it to you if you just ask for it. That’s just my personal opinion.