Ultimate Daily Income System Exercises
Freedom – How To Be The Freest Person In The World (Photo: My awesome wife Marin. Life is easier. This is true wealth. Having a lot of money doesn’t guarantee ultimate freedom or true wealth. Ps3 Pc Emulator 9 91 86 Setup New Email. Working. 96% of the population makes their money through working a job.
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You have to give up a large part of your life to make good money working. I’ve seen 9- 5 jobs ruin peoples freedom, relationships, and health. Investing. About 3% of the population makes money through investing. Creating Income Streams. This leaves the third way of making money: creating multiple income streams. If you choose a market you are passionate about you won’t burn out along the way.
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Some of my past and current online income streams involve: Affiliate marketing. Information products. Web services. Software. Consulting. Of all the income streams I’ve built, I like Information Products the best. I highly recommend you set one up. Step 3: Determine Your First Income Stream (Information Products) Surrounding Your Passions.
Quite simply information products are products instructing people on how to do something. You can make it a physical product like a book or a DVD or a digital product like an e- book. Perhaps your income stream is centered on a seminar that you deliver on a regular basis and that you sell tickets to. Our passions are not always obvious to us. A passion is an area that a person has interest and skill.
Shut your eyes, and picture what would be a truly fulfilling life for you. Write down your answers to these questions: If you had 1. If you knew you were going to die in a year, how would you spend your last year?
What would you like to be doing 1 year from now, 3 years, 1. As you’re imagining your dream lifestyle, please keep the “Fulfillment Curve” in mind. The “Fulfillment Curve” is a concept discussed in the book, “Your Money or Your Life”.
The concept is that as you spend more money you move from basic survival, to comfort, and eventually to luxury. At some point in time you have all that will bring your fulfillment. At a specific point you may or may not realize that nothing will bring you additional fulfillment.
Once we have everything we need, comfort, and a satisfying amount of luxuries most people consider themselves to have enough at a certain point in their life. Enjoyment of what money brings into our life is fully experienced at the peak of the curve. Personal freedom allows the opportunity to take action on our concerns for others.
We will seek to address the needs and wishes of others. It teaches you to align your spending and earning with whatever brings you fulfillment in life. Step 5: Discover Your Niche. One must investigate and find a niche through the information they gather.
A niche is a gap in a group of people where their needs aren’t being met. Products fill niches in markets. The 3 BIG Niches. About 8. 5% of the money spent on information products is spent on products surrounding these “3 BIG Niches”: Money and Business. Relationships and Dating. Health and Fitness.
These niches are extremely popular because they are lucrative even during times of recession. But one cannot create a product “Health and Fitness”, it’s far too broad. They believe they need to find a market with tons of interest and zero competition. Don’t try to find an untapped market.
Go where the money is. Go where there are lots of products being sold and many people actively looking for stuff to buy. Step 6: Set Up an Opportunity Income Stream or a Lifestyle Income Stream. There are generally only two kinds of income streams one can set up online. Learn from my mistakes! Start with a lifestyle income stream and look for a booming market related to your passions.
Then making money is more than just about the dollar value for your time or your return on investment. It’s about doing things you like, to get the things you need and want. Unlike the opportunity business you don’t have to constantly be looking for new opportunities to go after. You can just focus on the one thing that drives your interest.
Step 7: Research the Markets You Are Interested In. Consider your skills in Step #3 when brainstorming about which markets to enter. Step 8: Create Your First Information Product.
Identify problems, challenges, frustrations and issues people are facing, and searching for solutions to, in your niche. Competition can give one ideas on how to make a product more unique and appealing.
Brainstorm on how your product can improve on these issues. Perhaps your product focuses on one specific need people are not getting from the products they have purchased. They provide a payment processing service for any member with a product to sell. I’m holding a free webinar (not yet scheduled) where you can learn about: Why 9. FAIL and what you can do today to guarantee your success. How you can join an underground society who are living their dream lifestyles doing what they want, when they want and where they want. The right way to do market research and find your niche.
The most effective way to market your products and services. And much more. Sign up to my list below, and I will let you know once I am holding the free webinar so you can attend. Also please give me your feedback in the comments below. Did you like this blog post? My first blog post. Did I leave anything out? Let me know in the comments below!
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