Archive for November, 2008

Be Thankful

Today is Thanksgiving Day in the United States. It is one of my favorite times of the year. It brings back a lot of good memories and makes me consciously think of the blessing in my life. My blessings are bountiful.

Thanksgiving Day has its origins in dark and hard times. The first official holiday was proclaimed by Abraham Lincoln in 1863. It was in the middle of the American Civil War. The Battle of Gettysburg had been fought earlier that year with it’s carnage on both sides. The war’s end was nowhere in sight. Lincoln proclaimed a day of Thanksgiving to point out that while there were bad things going on, there were good things as well. Bountiful crops, population increases, prosperity were all things to give thanks for.

In this day and age, when all the news outlets are proclaiming all the negativity going on, there are still things to be thankful for. We, as a whole Earth population, are much better off than we were 100 years ago. Medical advances have all but wiped out the top 10 killers from 1908. The food supply has grown to allow the population to greatly increase.

In your personal life, think of the things you want and have such as shelter, food, health and relationships and be grateful. Think of the things you don’t want and don’t have and be grateful.

Things that you are grateful for in your life increase. Don’t limit your gratitude to just one day a year, do it every day. As the song goes, “Count your blessings. Count them one by one.”

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Best Defense Is A Good Offense

I saw an ad in the paper that headlined, “Your income is fixed, so your expenses should be fixed.” It was an ad for a seniors living community as it called itself. My first impression was that these people will be led to financial disaster if they depend upon this idea.

A fixed income is a bad idea at any age. I can tell you from experience, your expenses will never be fixed. People on a fixed income spend a lot of time trying to minimize their expenses to fit within their means. All it takes is an unexpected medical bill, furnace bill, auto repair, etc. to swamp their efforts.

Minimizing your expenses is a good defense, but as any sports fan can tell you, defense doesn’t put points on the board. (Some people will argue about scoring on interceptions, my reply is that the instant the ball is interecepted, they become the offense.) You can have the best defense in the world and keep the other team scoreless, but, unless you have an offense good enough to score, the best you can hope for is a zero to zero tie.

The best winning strategy is to reasonably reduce your expenses to the minimum and concentrate on increasing your income. Create multiple streams of income, preferably residual income. As your offense gets better and better, your defense becomes less important.

The current state of economic times are being looked at as terrible. That’s the view of some whose offense isn’t that good. For someone with a great offense, it’s a buyer’s market. Assets can be purchased cheaper and expenses can be reduced and or more value can be purchased for the same amount.

I am reminded of the late 70′s and early 80′s when interest was very high. Mortgages were going for over 12%. Most people looked at that and thought it was bad because they were paying it. Those that collected it looked upon it as a good thing. Half full or half empty often depends on which side of the bar you are on.

Remember, the best defence is a good offense.

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Escape From Someday Isle

Most people are castaways on Someday Isle. They keep saying, “Someday, I’ll…” I know people who have been meaning to go to Walt Disney World for several years. They still haven’t stopped and said, “I am going to WDW on …” and made their reservations.

Most people keep putting things off that they know they should be doing but they keep putting it off. In this time of uncertain economic times, the time to get started in your own business is right now. If you are looking at an opportunity that is a member of the Direct Selling Association (DSA), you have 30 days to evaluate it and get a full refund. There is no risk.

Here are a few of my resources you can look at. You can get a free CD from Robert Kiyosaki, author of Rich Dad, Poor Dad and The Cashflow Quadrant, called “The Perfect Business” at www.FreeRKCDForYou.com.

You can also take a look at the opportunity that has been chosen as the #1 opportunity for over 10 years in a row by MLM Insider Magazine, an industry publication. Go to www.DiscoverYourOwnFreedom.com.

To be your own boss, achieve time freedom as well as money freedom, you need to take action. Escape from Someday Isle and take action today!

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What Would Be Your Income Goal?

I read an article that talked about a survey of network marketers as to what income goal they were looking to create with their home based business. The average for those surveyed was just under $6,000 per month. This is a very achievable goal in network marketing.

I don’t know of any other industry or occupation where you can forth part time work, 5-10 hours per week, for 2 to 5 years and create a residual income that not only puts you in the top 25% of income earners but allows you to retire whenever you want. This is without any discrimation for gender, age, race, creed or lifestyle. You get rewarded the same for your performance as any one else who performs at that level. It’s the great equalizer.

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Veterans Day

As a veteran, I salute veterans who are honored today. Freedom isn’t free. Members of the military often sacrifice their todays so that they and their loved ones can continue to enjoy their freedoms. They often spend holidays and special days away from their loved ones. They are often sent to places they had to look up on a map to figure out where it was which has customs and cultures completely different from what they are used to. All of this sacrifice is done for you and me.

Veterans, this is your day.

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