There are a lot of passive income business ideas available now. However, if people are financially restricted it is ideal to start with a small affordable investment and build up step by step without any drastic changes that create stress and risk. Let`s select easy start up business ideas first and find out how to become an affiliate marketer and why it might be ideal for you (if you have already done some research and wonder what the six figure mentors are about – please do look at people`s true comments about this company which has the most aggressive advertising policy everywhere). For those who have already started or are considering learning Forex or Stock and are looking for the answer to what is the best stock trading strategy ,it would be advisable to think about the information at the end of this section.
“If you want to be successful, don`t seek for success-seek competence, empowerment; do nothing short of the best that you can do.” Sadhguru
Nature gave us a super computer that we have named the human brain.
It took thousands of years of evolution to get such an amazing tool that we possess now. Nobody in human history has had the access to knowledge that we have today.
It is time to use this potential to liberate ourselves from financial slavery.
“Nobody can give you freedom. Nobody can give you equality or justice or anything. If you’re a man, you take it.” Malcolm X
There are many ways to be financially free but the most important element toward finding financial freedom is a hugely powerful desire. Everyone has this desire but unfortunately only a very small percentage of us have a hugely strong one.
There are two stories which I would like to share with you.
The first story.
During WW2, a Jewish man was in a German concentration camp. All his relatives were gassed or shot dead. One day he realized that it was going to be his last day. From early morning he was looking for any way to escape. There was no way to be found; the security system was organized to exceptionally high standard. After a few hours of intensive search there was still no hope. Suddenly, he spotted a lorry with piles of dead, naked human bodies. The security guard was looking the other way. The solution came instantly. The man took his clothes off and without any hesitation jumped into the horrible pile and pretended to be dead.
The lorry left the camp, drove for a few hundred metres and dumped the awful cargo into a mass grave. All corpses covered the man, so he could hardly breathe. When night came, he climbed out of the grave and ran for 50 miles, completely naked and without any food.
The second story.
A young monk asked an old monk to teach him how to walk on water. The strong old monk pushed the young man into the water. When the young monk was close to death the old man released him and asked him what thoughts were in his head whilst being in the water. The young man replied: many different thoughts came into his head but the last one was only to live. The old monk said when you will have the same powerful desire to walk on water as you had at the last crucial moment in the water, you will be able to walk on the surface of the water.
If you have a powerful desire which is supported with the right knowledge, success will come sooner or later for sure.
Too much information is available nowadays. So, it is not easy to find the right source.
Please, disregard any “experts” who promise you that you will be very rich quickly and easily. These kind of advisers just want to grab your money for their own benefit.
First of all, we live in the Internet era. It would be silly not to use such an asset.
Secondly, if you made a decision to start your own business, the least financially risky way is to start up an online business.
Thirdly, please do not think of setting up a retail business at least in the beginning.
Fourthly, never invest an amount of money which would dramatically impact on your life in a negative way in case of business failure. Use only money that you can afford to lose without painful consequences for you and your family.
Fifthly, take an inexpensive test as experimentation to see if your business will work or not. It doesn`t matter how confident you are about the success of your business idea.
The above mentioned five steps are paramount for considering starting your business but the first and the MOST IMPORTANT thing that you MUST do is to read
the bible vital for any business, which is called “The E-Myth Revisited”.
The knowledge of this book is as equally important for business as your ability to read, write and do mathematic calculations. It is very unlikely that you would get any success in business if you can`t read, write or calculate and if you don`t have the knowledge of The E-Myth Revisited.
The author is Michael E Gerber. He is the most amazing man – a very successful businessman, an amazing saxophonist and a very educated person in many fields – business, marketing, music, philosophy, psychology and spirituality. After reading his books or taking his course, you will notice so many connections between his work and the works of Sadguru, Joe Dispenza and Tony Robbins.
Michael had a dream in 1976. He wanted to create a company which would give young businessmen a working business system that works every single time rather like Swiss watches, without the risk of failure. He always cites the example of the business phenomena of McDonald`s – the largest restaurant chain in the world with more than 37 000 outlets which serves over 69 million customers daily in over 100 countries. Just imagine how it is possible to be successful 37 000 times over, when statistics tell us that four out of five businesses close down in the first five years and the remaining one out of the five doesn`t survive much longer anyway. So, McDonalds must have the right type of business system to create such a permanent success.
Michael has found the right system for creating successful business. He discovered the most common fundamental mistake which almost everyone makes as a businessman. In his words, they are not businessmen at all. They are technicians who are suffering from an entrepreneurial seizure. They think in this way – if I can do my job properly and I am a real professional, then I can start my own company. If I am a builder, I can start my own building company. If I am a baker, I can open my own bakery. If I am a chef, I can run my own restaurant. If I am an IT engineer, I can start up my own IT company. The main reason for starting their own business for these “businessmen” is not the business. Their goal is getting rid of the boss. These people have no idea about the science of running a successful business. This is because the successful business is the science which must be learnt.
If you visit a scientific laboratory and start mixing different substances together and try to push the buttons that trigger the devices, these actions are based solely on your gut feeling. So, what do you think will happen? It will be a disaster.
Unfortunately, this is exactly what 99% of businessmen do and then they wonder why their business doesn`t work.
The E-Myth Revisited will explain how to approach starting a business and the essential steps you need to take to set you in the right direction. All successful businesses have used the steps which you will find in this book. If you are sceptical ( scepticism is the fantastic quality that shows you have an analytical mind) and have doubts about the above mentioned information, please do this inexpensive test – just read the book and the worst case scenario is you will lose a few dollars and a little bit of time.
The link to Michael E Gerber (or access from Direct links to the best experts and products section).
There are so many recommendations about Affiliate Internet Marketing nowadays.
It seems the main reason is that this is the cheapest and the most effective approach for starting up your own business which will then grow gradually.
The idea of affiliate marketing is very simple. You promote products and services of other people on your own website and you show and explain why these products are good, and you give the link to a direct website of the company that produces the products or services. If a person buys the product or service, the company transfer you % from sale. For example, if you are successful in promoting a $10000 holiday trip and a customer found information out about this trip and if he clicks on the link of a tourist company from your website and buys this trip, in that case a travel company will pay you commission for example 10% which is $1000.
% from sales can vary and depend on companies’ policies whom you promote. Usually, it is between 1-10% and sometimes up to 50%.
This scheme works 24hours a day without any weekends or holidays.
“Just set it and forget it!” Ron Popeil
One day you can start producing your own product or services if you decide to or just carry on expanding your affiliate marketing business by offering more and more new products.
It sounds fantastic but
the main goal of this website is purely to give you honest information and the right guidance.
This is the basic truth :
Cons:1)It takes time to learn how affiliate marketing works
2)It is not easy to achieve the rank of being on the first or second page of Google or YouTube (If your website is not on the first or second page, it is very unlikely that anyone will find you and buy your products)
3)It is time consuming to build a proper website, write articles (post) and promote your website on social media such as Facebook and Twitter
Pros:1)You will find out a lot of new information while studying Affiliate Marketing and REMEMBER knowledge is power. The more your learn, the more neurons` connections build in your brain, then the smarter and more creative you become and the more ideas you will also be able to generate
2)You will have a deep understanding of how Internet Marketing works (if you choose the right course). This understanding is of lifetime value for your business development, whether you decide only to use Affiliate Marketing or whether you start your own independent business. It is impossible nowadays to succeed in business without Internet Marking
3)The reality of the present time is that more than 95% of businesses only promote products or services that are manufactured by someone else. Also, this promotion is almost 100% via the internet. That is why a deep understanding of affiliate marketing is vital
4)After reading The E-Myth Revisited you will understand that the Technician must understand Internet marketing
5)The right affiliate marketing course gives you the necessary knowledge to build your own proper website. This includes all the principles required to potentially place your website on the first or second page of Google. So, you will be able to create websites for yourself and others.
There are a number of Affiliate marketing courses available.
The most aggressive advertising of a course is Six Figure Mentors (SFM). I wouldn`t recommend them to anyone. I was with them only a month. It was just a waste of time – I didn`t receive any practical knowledge. It was only hours and hours of cheap motivational talk and the real cost of the course was hidden but increased dramatically (the first few days are free, after $19, after $200, after $1000 – these rising prices suddenly appear during the first ten days and after this pyramid increases up to $39 000). I made the decision to try SFM only because of the money back agreement during the first month. So, after my first ten days with them I had all my money returned. I checked in Google feedbacks about SFM and discovered that too many people had already spent thousands of dollars with them without any result.
Finally, I found a nice Affiliate marketing course – Wealthy Affiliate (WA). From the first lesson they give real practical knowledge about on-line marketing.
No hidden cost. The first month is only $19 and after that two options are available at $49/month or $359/year. I started my first few days with $19/month and after realizing that this course is exactly what I was looking for, I went for $359/year option and I paid only $340 because I had already paid $19.
If you become a member of WA, you get 50 websites for free and you only pay the domain fee of $13.99 per year per website (compared with Godady.com $108.96).
Education in WA gives valuable knowledge of affiliate marketing online and contains serious and profound lessons about this subject. There are various levels of progress with a certificate at the end of every section. Each level includes ten lessons with practical tasks which a student then has to use towards building his or her affiliate marketing website which already leads to profitable online business whilst still at the learning stage.
The great feature about Wealthy Affiliate is that it correlates with the most fundamental principal of any business: this is never invest any amount of money which would dramatically impact on your life in a negative way, in case of business failure.
After the first or second month it will be very clear to you if this was the right choice or not.
The link to Wealthy Affiliate (or access from Direct links to the best experts and products section).
Affiliate marketing is an essential part of successful business but not the final stage if your goal is being a Real Business Professional .
Marketing has to be learnt from top businessmen who prove that their business approach works.
One of the best in this area is Jay Abraham.
Jay came from a poor background. When he was 20, he already had two children and no professional qualifications but his natural talent and smart hardworking approach, paying attention to small details, passion and sense of humour brought him to the top level of the most successful businessmen in the world. He has helped many big and famous companies to achieve unbelievable success. He named his approach a leverage and he teaches how to get leverage via steps which he discovered during his business career.
His forte is the ability to think “way outside the box”, “way inside the box”, and to prepare for multiple potential scenarios. This has enabled him to find and successfully implement creative and pre-emptive solutions to very complex problems in order to generate high-performance results. He has successfully established beneficial relationships with key strategic partners and has developed cardinal business plans for many companies. These organizations boast that, with Jay’s counsel, their objectives have consistently been met and/or exceeded. Additionally, Jay successfully invented and established the strategic business concept of “Power Partnering”.
His famous bestseller book is “Getting everything you can out of all you’ve got”. This book is a practical, no-nonsense collection of ideas that are certain to give you the edge that everyone needs during these times of fantastic opportunity.
Jay provides courses which are expensive but very effective. Also, he analyses companies’ business strategies, corrects them and brings companies to a completely different level of business development.
The link to Jay Abraham (or access from Direct links to the best experts and products section).
“If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.” Henry Ford
Without any doubt, Tony Robbins audio coaching (Productivity & Performance, Career & Business, Leadership & Impact ) will make a significant impact on your business performance.
The link to Tony Robbins (or access from Direct links to the best experts and products section).
The most unusual businessman and self-made millionaire is Tim Ferriss.
Tim, also like Tony Robbins and Jay Abraham, came from a humble background.
He invented a new definition of the businessman – the new rich.
Tim`s main point is “to work smart, not hard”. He found a system of how to work four hours a week and still have enough for life enjoyment.
Tim has a passion for the self-discovery of natural human talents that everyone possesses but these talents are often in a sleeping state and need to be awaken. He has found an effective and quick way of learning. Tim speaks many languages due to his own discoveries and personal observations. It is amazing what Tim has done – he won The World Tango Championship in spite of never having danced before; he won The World Thai boxing competition; he played in a music rock group as a drummer without ever having played the drums; he has achieved a high level in windsurfing in a very short period of time.
He is continuing an exciting journey of discovery of new possibilities of the human potential.
He has also written a few books. These books that would be highly recommended for business are:
1)The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich
2) Tools of Titans: The Tactics, Routines and Habits of Billionaires, Icons and World-Class Performers
3) Tribe of Mentors: Short Life Advice from the Best in the World
The link to Tim Ferriss (or access from Direct links to the best experts and products section).
A final note for people who are thinking about or are already learning Forex or Stock trading, please do consider the facts:
1)97% of people lose money in trading and most of them are highly intelligent with a Master’s degree
2)The most successful traders make 20% profit a year maximum
3) There are a few individuals who make an unbelievable fortune in very short period of time (something like $1mln from $1000). They show the proof of their success but instead of making $1billion from $1mln they start creating online courses with crazy prices for a few thousand dollars. The calculation is very simple, if the price of the course is $5000 and only 1000 people buy the course, there is a clear profit of $5mln. Unfortunately, these Masterminds have much more than 1000 buyers. These kind of “Geniuses” boast of their luxury houses, expensive cars, even students who have made millions, they even give you a first course and PDF books for free. Some of them even donate a few thousand for charities and show on the front page of their website how generous they are. In other words, all kind of dirty tricks to grab money of the believers. Unfortunately, people realise the trap too late.
4) It is possible to make 100% profit a day when you use 20-90% of your money but if you carry on with this strategy for a few days you will lose everything
5) All professional traders who make money say the same thing – only 1% of trading money can be used for the POSSIBILITY of making a maximum profit of 20% in a year. So, if there is $10 000 on your trading account you can only trade $100. This kind of reality shows the advantage of property investment that is secure with no stress and approximately the same amount of profit.
6) A lot of countries including The UK consider trading as gambling and allow trading to be tax free (Please, think why?)
7) Finally, if you are in the 3% group that is successful – you enter into life full of every day stress due to losing money and permanent uncertainty, some kind of regret and frustration. Forget about peaceful sleep. Please, check Trader Dante You tube videos. He became a truly successful trader but with grey hair and bad vision. His best advice is DO NOT TRADE.
8)Time is the most valuable asset. Traders spend years of practising before a LOW POSSIBILITY (only 3 out of 100 people with a good educational background) becomes successful. Reading books alone will never bring you closer and very often books make your performance worse – this is the common opinion of the top traders
9)Why is there so much information and advertising about trading if the statistics are so bad? Who is the winner? The answer is simple – BROKERS. They make millions without any risk because they charge traders either way, whether they win or lose. The Broker business is much more profitable than the casino
10) Please, DO PRIORITISE YOUR HEALTH whatever you do. “Money often costs too much.” Ralph Waldo Emerson
If your business activity harms your health, please find a better solution. Opportunity is always available for the true seeker.