5 Ways to Make Things Happen on a Tight Budget

5 Ways to Make Things Happen on a Tight Budget

Starting a business is always the toughest part in the whole chain of business management. Startups are almost always prone to embryonic crashes. How to prevent one; especially once you are on a tight budget?

The major reason for most startups crashing out within the first year is the ready and steady flow of funds. It may be an initial tight budget or the subsequent unforeseen events that can starve a business of the precious funds.

The content is aimed at describing 5 ways to make things happen on a tight budget.



– Guest Writer


Depending which source you consult, between 50 percent and 90 percent of all startups eventually fail. The numbers are daunting, to be sure. But it’s more important to understand the “why” than it is to dwell on the “how many.” 

According to research from CBInsights, access to funds is the second-most-common reason startups fail. The problem becomes especially pronounced when entrepreneurs are putting their own dollars on the line because investors aren’t exactly lining up to give them money. This is the bootstrapped startup’s dilemma.

If this sounds like your business model, don’t fear: All hope is not lost. Here are four ways you can make things happen for you and your company on a tight budget.

1. Get started.

Getting up and running is the most critical phase of a bootstrapped startup. It’s easy to be tempted by wanting to make a big splash as you launch your company. Ask yourself how much of a difference that a flashy intro really will make for your business in the long run.

When you’re just getting started, it’s essential to keep costs as low as possible.

  • Don’t outsource things you can do (or easily learn to do) on your own. For example, a selection of free and paid software can help meet your design needs. You probably don’t need to hire someone to create content just yet. Identify time-consuming tasks that won’t affect other key areas of your startup and examine which you can do by yourself at least during this lean period. 
  • Reduce all personal expenses. Big salaries? Not now — the goal is to get to that later. You literally can’t afford to live the same lifestyle as founders of multimillion-dollar startups who are flush with others’ funding. You don’t need luxurious cars and fancy parties right now. Reduce all personal expenses so you can direct 100 percent of your resources toward growing your startup.

Related: Traditional Sales vs. Social Sales: How to Keep Your Strategy Fresh

  • Focus on revenue-generating activities. No matter how brilliant your startup or how grand your long-term strategy, you’re poised to fail if you can’t sustain your business with cash in the early stage. The most important thing you can do now is generate revenue and profit to put back into your company. If you’re hoping to attract backing from investors down the road, you’ll find it much easier to secure the deal if you’re able to show your business is a profitable one.  

2. Court the press.

New players — particularly underdogs — typically struggle to garner media attention. It’s unlikely you have the budget to hire a public-relations specialist. And you might not even have the cash to outsource your PR needs to an agency. Here’s the really frustrating part: You know that without any attention for your stellar product or service, the early going will be slow. 

  • Focus on podcasts. Look for top and relevant podcasts in your industry as well as podcasts in related or crossover industries. Contact these hosts and offer yourself as an interview source for upcoming podcast features. Each interview will produce a mention and at least one link to your startup’s web page.
  • Find out who’s doing founder interviews. Sites such as IdeaMensch specialize in founder interviews, and they don’t discriminate based on a startup’s size. Reach out to these sites and publications. Not only will you get some extra attention, but you could get noticed by the mainstream press or investors. You never know — something big might come out of it.

Related: When to Spend on PR and When to Do It Yourself (or Not at All)

  • Become a contributor. While you work to get feature treatment from top-of-market publications, very little stops you from being a contributing expert to these same information sources. Most major publications happily will accept contributed content if your perspective adds value to the field. It’s typical for each post or article to run with a small photo and brief bio that links to your startup’s home page. Contributing regularly and over time increases your odds of being noticed by a journalist on the site itself or from a competing news source. Guest posts, videos and other content serve double duty as your “clips file” — social proof you can offer to boost your credibility as you seek press for your company. Blogs in countless niches provide numerous entry points. 

Related: How to Start Your Own Video Blog

  • Target new journalists. New startup founders often make the major mistake of targeting big-shot journalists and well-established influencers. These folks get a lot of pitches — way more than they can handle. By contrast, new journalists keep looking for stories and exciting startups they can feature, and they’ll often go out of their way to dig up the story waiting to be told.
  • Write or curate your own blog. Research reveals that businesses with blogs get more links, leads and traffic. If you can’t get press from external sources, be your own press. Blog. Many of today’s top startups have built their followings this way and now get millions of blog views every year. That makes it easy to amplify their messaging. Coverage from any other group is just icing on the cake.  

3. Scale slowly.

Of all the factors that contribute to startup failure, research shows premature scaling is the most likely culprit. When you’re running your startup on a budget, you’re under pressure and conditioned to make things happen very fast. That stress increases if you’re seeking funding, as you rush to be seen as more impressive and thus more worthy of interest from larger investors.

Don’t make this mistake.

Slow and steady wins the raise, as they say. Carefully analyze every decision you make when it comes to growing your startup. Yes, it will take longer — but you’ll still have your startup.

Related: 5 Essentials for Raising Your Growth Round of Financing

4. Bring on a co-founder.

Two heads (and two bank accounts) are better than one. Bringing on a co-founder is one of the most effective yet still-underestimated ways to bootstrap your startup. 

New companies with two co-founders are more likely to succeed. They raise 30 percent more money than startups with a single founder, and they experience three times the user growth.

A co-founder who shares your dream and is willing to put in the effort can be your company’s greatest asset. During Buffer’s early stages, Joel Gascoigne was the founder and idea man. He was mainly behind the scenes, excelling at execution. Then he brought aboard marketing genius Leo Widrich. The site reached its first 100,000 users a short time later. Today, Buffer counts millions of users and generates eight figures in annual revenue.

Source: https://www.entrepreneur.com/article/293116

5.   Smartly organize and Budget your startup business.

The worst mistake a startup can do is to trigger an active business without planning the organization and budget pre-hand. When we say “planning”, it means estimating every single aspect from business hierarchy to design of office furniture and space. Each aspect means expenditure of some volume of cash. Minimal or inefficient planning would eventually translate into expenses that had not been previously anticipated and catered for.

When on low budget; that can spell disaster for a startup and imminent closure of business, even before it starts making money.


The Last Word.

What you read in the preceding paragraphs are just 5 of the top ways to handle your business on tight budget. The list can be exhaustive. The bottom-line is to proceed with caution and smart planning. You would have your fair share of troubleshooting even with the best of measures in place. However, adopting the basics from the start will help you in avoiding a total meltdown ot crash. With these measures in place, your business would pick up in due course of time.

Best of  luck


Financial Freedom: What Does it Mean to You?

Freedom is the ultimate instinctive desire in a being. Conventionally, there are seven freedoms that typically form part of human society.

Though, not included in the conventional list, financial freedom is perhaps the biggest modern human need.
With the rise of competitive commerce and resultant surge in careerism, the need for financial freedom is felt more than ever before.


The path to financial freedom is typical in most cases, starting with some form of education, building a career and subsequently earning enough to have no dependence on any external source to reach our dreams and cravings.

Before we go any further, we need to have a general understanding of the classic freedom cycle.

The Classic financial freedom cycle

From a young age, most individuals are instructed to get an education and then a job. After landing a solid job, the recommendation is to save a small percentage of each paycheck for 40+ years until retirement.

The underlying assumption is that we should all follow the same linear path from elementary school until death, spending the majority of each day at work, trying to climb the ladder, to get a raise, to buy a bigger house, to fill it with more stuff that wasn’t necessary to begin with. Only after retiring is there room to explore, relax, or spend time with family.

You might call it the time-money paradox. Most Americans trade the majority of their available time for a paycheck, and then spend the majority of each paycheck on depreciating material possessions. As the spending snowballs, many individuals desire a larger paycheck, which requires longer hours and more responsibilities at work, which means even less time to enjoy the additional income. It’s a vicious cycle that often continues in perpetuity.

I can’t speak for you or anyone else, but the standard American lifestyle doesn’t work for me. Instead of material possessions, I prefer to have freedom. Freedom to change careers, start a business, take some time off, or travel the world. It’s not about what I choose to do, it’s about having the freedom to choose.

What is Financial Freedom?

Being free, financially, means you can maintain your desired lifestyle without a regular paycheck. In other words, financial freedom is the 21st-century definition of retirement.

Instead of defining financial freedom as a single point in time, I like to break the concept down into four stages.

Stage 1) No Freedom

Everyone begins the journey by relying on a monthly paycheck. At this stage, a job and reliable income stream is required to pay the bills. Without the ongoing paycheck, any savings could be quickly depleted and you could risk defaulting on your monthly expenses.




Stage 2) Temporary Freedom

To graduate into the temporary stage of financial freedom, you must spend less than your earn and create a pool of savings. Otherwise, you will be forced to continue working indefinitely because your lifestyle depends on your employment income. As you begin to save a portion of your income, you might invest your savings in a diversified investment portfolio to produce a regular stream of income. Or, you might start a passion business on the side, creating another stream of income.

Your freedom grows alongside your savings. Eventually, you will have enough money saved to feel comfortable switching jobs, starting a business, returning to school, traveling for a year, or any number of other activities that are impossible to achieve while working full-time. These can be major life changes, but they are not permanent. Your freedom is temporary until your income exceeds all of your expenses.

Stage 3) Permanent Freedom


At this stage, your total non-employment income exceeds your total expenses and you no longer require a steady paycheck from your employer. You likely have a reliable side business and/or a large investment portfolio producing a substantial amount of income.

Yes, a side business is still labor income. You are trading your time for money. However, my assumption is that your side hustle represents your passion. It’s something that you enjoy doing. Something that you find fulfilling or meaningful.

Fulfillment is the entire point of this article. Financial freedom does not require that you retire early to a life of leisure (unless that is your desire). It’s about having autonomy and independence in your daily routine, allowing you to design a better life while spending your time, money, and energy in a more meaningful way. If that includes starting a new business, great! Doing meaningful work while getting paid is my definition of a win-win.

Stage 4) Luxurious Freedom

This last stage is a concept that is rarely discussed or achieved. While I define permanent freedom as the point at which your income exceeds your expenses, such a definition is shallow and full of important assumptions. For example, if you know that you require $1,500/month to live a barebones lifestyle, and you can safely withdraw between $1,500-$1,600/month from your investment portfolio, you have technically achieved financial freedom. But have you?

What if a budget of $2,000/month would provide a significant increase in satisfaction? Perhaps the additional $500/month could be used for hobbies, entertainment, and travel. All of which make you far happier in your life. But $2000/month in expenses is more than your portfolio can support, which means you’re headed in the wrong direction (back to temporary freedom).

The tradeoff in this scenario is clear. You can continue working additional years to build a bigger pool of savings, which will provide additional income and flexibility for the remainder of your life. Or, you can leave your job as soon as possible and hope that a smaller portfolio will provide sufficient income. It’s all about finding the right balance given your personal situation.

When you have enough passive income to spend freely, that is what I call luxurious freedom. It’s the point at which your income exceeds your expenses by a comfortable margin, allowing you to increase or decrease your spending given your desired lifestyle. You might call it financial freedom 2.0.

Do You Desire Financial Freedom?

Ask yourself these questions (and ask your spouse if you have one):

  • Are you happy with your existing lifestyle?
  • Have you found a meaningful work-life balance?
  • Do you enjoy your job and find purpose in the daily routine?

These can be difficult questions to answer, but they provide a great deal of information about your desire for financial freedom. In my experience, responses can be divided into three categories.

1) Work is meaningful

Some individuals find purpose in their career and have no desire to stop working. That’s perfectly fine and respectable. You can continue working and be financially free – the two are not mutually exclusive.

Even if you have no desire to stop working, I still believe that financial freedom is beneficial. At the very least, saving enough to reach “temporary freedom” can provide peace of mind. There is always a possibility that your job could be eliminated, or your life circumstances change, or any number of concerns that might be partially remedied by financial freedom.

2) Work is meh, but necessary

Another group of individuals is somewhat indifferent about work. If you fall into this group, you probably don’t love work, and it’s not your burning passion, but it’s tolerable and it pays the bills. There are good days and bad days, but the overall trend might be described as neutral and necessary.

In this situation, your preferred level of financial freedom should be inversely related to your overall disdain for work. You should work harder to increase your savings rate and reach financial freedom if you find yourself increasingly unhappy at work, because financial freedom will allow you to change careers or quit the rat race altogether.

3) Work is boring, terrible, and soul crushing

If you find yourself in this group, financial freedom should be your highest priority. If you truly hate your job, you should be willing to make sacrifices to escape. That might include cutting unnecessary expenses, working a side-job, building your human capital, or moving somewhere with a much lower cost of living. You should be saving as much money as possible, so that you can change careers as quickly as possible.

By focusing on financial freedom, your perspective can be transformed. You can go from sludging through 40 years of dreaded employment, to designing the life that you desire. And you can find freedom quickly if you’ll devote your money, time, and energy toward that goal.

The point is this, time (not money) is your most valuable asset. If your time at work makes you miserable, save enough money to quit and go find a new job. Life is too short to be miserable on a daily basis.

Are you Pursuing Financial Freedom?

Given the various stages of financial freedom, and the differing opinions on work, I would love to know where you fall in the spectrum.

Is financial freedom a pressing desire? Or, would you rather continue working and spending your paycheck freely?

For Vanessa and I, financial freedom is our primary long-term financial goal. We appreciate the flexibility and freedom that accompanies a large pool of savings, and we would rather forego consumption than live dependent on a monthly paycheck. Although we haven’t yet achieved permanent (or luxurious) financial freedom, we are in a great position. We are completely debt-free, and have accumulated enough assets to purchase a prolonged period of freedom. And at this point, that’s all that we desire.

The media often portrays financial freedom as an insurmountable task that requires decades of saving and investing. That’s sometimes true, but it’s beneficial to focus on each victory along the way. For example, most people could pay off all non-mortgage debt, and accumulate enough savings to find a new career that is enjoyable. Those are huge accomplishments on the journey to financial freedom that should be celebrated.


The last word


Your path to financial freedom can pick from numerous a number of approached depending upon how you view life and work. It has a lot to do with your personality. However, the shining truth remains that you need to switch your approach from monthly paycheck to entrepreneurship. It is the change in your thought process that would bring you far quicker to your dream destination of financial freedom.

Go! Get it now,.,.


7 Things To Do Before You Start Investing

By Brad Kingsley


Investing is great. Besides starting your own business, it is one of the best plans for growing your net worth and achieving financial freedom! But there are a few steps to take before you get started. If you don’t set yourself up for success by taking care of these items first, you’ll be setting yourself up for failure down the road.

Once you’ve checked off the items on this list and are ready to start investing, we recommend checking out Betterment. Betterment is a low-cost and easy-to-use investing platform. It’s great for beginner and seasoned investors alike. They make investing SUPER easy.

Here is what we recommend you take care of before you start investing…

1. Have A Fully-Funded Emergency Fund

First things first. Unexpected expenses WILL happen. No matter how good you are at planning and preparing, something will happen sooner or later that wasn’t on your personal spending radar. I don’t mean “NFL is starting soon so I need a new TV” – I mean more along the lines of “the water heater just gave out and we need to replace it ASAP”.

These expenses are generally not only unexpected, but they also are time-sensitive – they need to happen “now”. Without an adequate emergency fund in place many people will struggle to cover even a $400 non-budgeted expense.

Financial advisors, financial planners, and just about every financial expert, will recommend having an emergency funds between three and six months worth of living expenses. If you don’t have an emergency fund you should quickly put together a starter emergency fund of $1,000. Then work toward growing that account into being fully-funded with the target amount you decide. (Here is a post to help understand where you should be in the three-to-six-month timeframe.)

2. Know Your Cash Flow (Have A Budget)

When thinking about investing, you need to think long-term. “Investing” for the short-term isn’t really investing – it’s speculating, which is basically gambling. There are any number of uncontrollable factors that can cause investments to go up or down short term, so any money committed to investing shouldn’t be needed for at least five years.

Having a household budget allows you to understand exactly where all of your dollars are going each month. Hopefully you’ve trimmed expenses enough, and/or have good enough income, that each month you have significant “extra” cash flow after covering all of your expenses.

The first thing to do with this extra cash is to build up your emergency fund as mentioned above. After that you should consider if you will have any large expenses coming up in less than five years: Will a new car be needed? Is a child’s college approaching? Might a child get married in the next few years? If there are events like these coming up then start putting aside money for them now – money that probably shouldn’t be invested in the stock market because of the “short” timeline.

The Budget Will Help Determine What You Can Afford To Invest

After you’ve determined any large upcoming expenses, and set aside enough money to cover them, now you can look at your monthly cash flow and determine how much money you want to invest. A very popular and productive investing technique is dollar-cost-averaging (DCA), which means you would be investing the same amount of money every single month (regardless of what the stock market is doing).

If you plan to practice DCA investing, make sure you aren’t cutting your budget too thin. If you have exactly $700 each month “extra”, it might be a good idea to invest $500 rather than the full amount. Give yourself some wiggle room so you can be consistent every single month.

3. Pay Off Consumer Debt – Especially Credit Cards

The national average interest rate on credit card debt in early 2016 is just over 15%. Let that sink in for a moment.

Carrying high-interest consumer debt is one of the largest barriers for people who are trying to grow their wealth and achieve financial freedom. Paying off a debt is similar to getting an immediate known gain comparable to the rate paid.

If you have a $1,000 balance at 15% interest, you’ll pay $150 this year in interest payments. Paying that off to save the $150 is almost like getting a 15% investment return! If you want to get specific, the comparable gain is actually higher because it probably takes about $200 worth of income (pre-tax) to pay the $150 of interest.

There are never any “sure things” in investing, but paying off consumer debt is a “sure thing” because you know exactly how much you’ll save. Knock out these easy things before putting your first dollar into an investment account.

4. Make Net Worth Your Primary Tracking Metric

If you haven’t yet read our post on why net worth is the best measure of financial fitness, you should definitely check that out.

There are a lot of people who earn really high incomes yet spend almost every dollar they earn (sometimes even spending more than they earn). So income of course isn’t the best measure of financial success. But net worth – essentially the fiscal value of your household – is a great measurement. Go figure out what this is now, and also check it a couple of times per year. This is the number you need to start paying attention to when you are working toward building wealth.

We use Personal Capital – a free online tool – to calculate and track our net worth.

5. Clarify Your Goals And Priorities

Managing cash flow (budgeting) is all about balancing priorities – you’re taking limited resources and allocated them to the areas that are most important to you. This exercise is key for your overall financial planning too.

Before getting started on your investing, take a few moments to think about what is really important to you…

If you spend time thinking about it (and honestly many people haven’t) you likely have one big top priority. Some people can quickly tell you what their driving dream is, but many people need to spend some time on this. Understanding what is really important to you can have a huge impact on planning all parts of your life and the actions you take when presented with different options.

Here is an article with a couple specific questions to help walk you through the process of clarifying what is really important to you in life, and then what the goals and priorities need to be to align with that life-guiding vision. I highly recommend that everyone read that article. It isn’t too long but has been known to have profound impact on individual’s thinking about their life.

6. Make Sure You Understand Investing Basics

No one should invest in something they don’t understand. Along that same line of thinking, that means that you should have a basic understanding of general investing concepts. You should know what exactly is a stock, and what is a bond? You should understand the concept of diversification (don’t put all your eggs in one basket). Understand mutual funds, and ETFs, and the difference between them. Make sure you are comfortable with the idea of volatility (fluctuations) and your level of risk tolerance.

Jumping into investing with no idea of what you are doing is very dangerous. Even if you decide to use an investment advisor, you should make sure you understand what they are recommending for you. If something isn’t clear to you, just ask. A good financial advisor or planner is going to take the time to educate you to make sure you are comfortable with the suggestions.

 7. Think Long term

Setting your goals with the right mindset is essential when starting investing. Planning for the long term will help you manage risk as well as teach you the ways of investing through trial and error.  Seeing your portfolio grow and learning the game could help set you up for more riskier investments later on. remember to think long term. And focus on building something that lasts.

How To Get Started Investing

If you really don’t know anything about investing, definitely get educated. You don’t need a deep knowledge to get started, but you certainly should know the basics. Once you understand general principles, we recommend checking out Betterment.

Betterment is an excellent low-cost and easy-to-use investment option. Invest with them and they’ll diversify your money into a portfolio customized for you personally. It all happens automatically. You don’t have to research funds, or calculate percentages, or anything. The investment will go into low-cost funds, including US stocks, bonds, international stocks, etc. For more details check out our Betterment review.

I hope these tips help you get started and help to prepare you for your entry into the investing world.

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Rich Bitch Readers Review

By thefrugalmodel.com

Nicole Lapin is a woman who I’ve looked up to since I started this site. At just 30 years old, she’s been a business and financial correspondent for CNN (she was one of the youngest anchors in history), CNBC and several other major networks. You’ve likely also seen her on talk shows dishing out advice as an expert money commentator. If that’s not impressive enough, three years ago Lapin launched her own production company, Nothing But Gold Productions, for accessible financial news.

You can see why I jumped at the opportunity to read her new book, Rich Bitch – a straightforward, smart guide to handling all of your big money questions and getting your financial life in order. I read the entire book over the weekend and had the opportunity to ask her for some pieces of wisdom myself:

Q/ When I looked into your career and accomplishments I was blown away by the success that you’ve encountered at such a young age. I often feel frustrated by the fact that I haven’t attained any real accolades or reached any of my career goals since I didn’t immediately enter a field that I was passionate about. What would your advice be for women in their 30’s who can tend to lose motivation since they don’t necessarily want to go back to school or start from the bottom, or maybe don’t have a strong entrepreneurial spirit?

A/ Don't wait. Get out there and do it—whatever "it" is. 30, 34, 39 is not old; you're still young enough to make a change, switch gears, and take control of your financial destiny. If you want to be on TV, start a video blog. If you want to be an author, don’t wait for the advance to start writing a book. If you want to be a documentary filmmaker, shoot some video and get to editing. Or if you simply want a raise and/or promotion at the job you're already in, ask for it. It’s much easier to get those big fancy opportunities once you have something to show for doing the legwork and are no longer talking pie-in-the-sky conceptual dreams.

Q/ Although I pride myself on being incredible at saving money and finding creative ways to make it (I’m an eBay junkie too), I am sad to say that I am still completely ignorant of the financial market and how to invest my money. My savings have been sitting in online banks making 1% interest (not even beating inflation, as you mention in the book). I find that this is the case for many women. Two tips that I took away from Rich Bitch are using accessible resources like Twitter to follow the market, and opening virtual trading accounts like Market Watch to get familiar with trading before you invest real money. For a complete beginner to investing, what would you say is the first step (after reading Rich Bitch) to really learning how the market works so some of that fear can be eliminated?

A/ Before you can even think about investing, make sure you have 3-6 months’ worth of expenses in the bank; your credit cards are paid off in full; and you have some extra cash flow available to get into the game.
The good news is that investing isn’t all about complicated numbers, it’s about you and me as consumers. Consumers drive sales and thus profits and thus stocks. So head to the mall for some market research! Pay attention to which stores are busiest, the amount and array of inventory on the shelves, the types of discounts being offered, the customer service experience. Invest in companies you like and believe in. If you have a good experience as a consumer, others will and that particular company’s stock will feel the love.
Once you’re ready to go, there are two different options for getting into the game. The first is going to a discount brokerage, like E*Trade, TD Ameritrade, or Fidelity. These are typically do-it-yourself operations (although some have offices in large cities where you can sit down, talk to a representative, and get help opening the account). They cost around $4-5 per trade. The second option is to head to a full service brokerage, like Morgan Stanley, Merrill Lynch, and Wells Fargo Advisors, where an actual professional manages your account. This option is more expensive (around $150 per trade) so you hope your advisor will add enough value to make up for the extra cost, and, thus not eat into your profits.

Q/ So I passed the Rich Bitch test of should I be my own boss, and it’s at the perfect time since I’m in the process of starting my own business. Although it’s in my field, this is my first time running a business, and I worry about not being trusted or taken seriously because of my inexperience and age. I know that you’ve encountered similar mental roadblocks in your career – so how were you able to maintain that confidence? How do you make yourself trusted especially if you’re not even 1000% confident in yourself?

A/ Fake it ‘til you make it, baby! Confidence is infectious. I might be the least likely person to be a financial expert. I didn’t work at a bank and I didn’t get my MBA. But I learned to speak the language of money, first to myself and then to the world as a financial journalist. With a little chutzpah and sweat equity, you can and will learn your chosen field inside out—and before you know it, you’re no longer faking it. You’re living it.


She knows what she’s talking about. Pick up Rich Bitch: A Simple 12-Step Plan for Getting Your Financial Life Together…Finally – it’s an educational tool that’s worth the investment and actually really fun and easy to read. I’m in the process of convincing Nicole that we should be besties. I’ll wear her down eventually. Hopefully without a restraining order.*


10 Super Easy Ways To Make Money Online In 2018

10 Super Easy Ways To Make Money Online in 2018

Follow Us On Instagram @acecashflow!

By howtomakemoneyonlinehome.com
Whether you have your own blog or website it can be astonishingly easy to make money online, so much so, you don’t necessarily need either.Listed below are excellent ideas to make money online, for a full-time income or just to give you a little extra money each month.

Make Money Online Idea #1: Make a YouTube Channel
I published my first video on my YouTube channel on October 6th, 2016. It was so crappy. It was a video of me traveling to Portugal to celebrate the success of my first online business idea. The entire trip was recorded from my iPhone.

It took 6 months before I made my first $1 from YouTube.

Those 6 months were brutal. The only people that were watching my videos was my mom and dad. And the entire process just felt like a waste of time.

There were many times that I just wanted to call it quits and to focus on something that made me more money for the time I was putting into it. But luckily, I continued to pump out more and more videos.

After a year of consistently publishing 2-3 videos a week, I now make an extra $50-$80/day simply by the ads that run before my video is played.

The reason why I love this online business idea is because these videos will last forever. And the views that I receive on a daily basis still remain consistent even if I don’t post videos for a while.

Here is how this business idea makes money:

Google pays you to run ads on your videos
Affiliate sales by recommending products in the description
Driving the traffic to your blog (most recommended)
Once you have a good amount of videos up, YouTube can provide constant flow of traffic to your affiliate offers and products or services. Its this constant flow that gives you the ability to make money in your sleep.

Here’s how I got started:

Research the niche that you want to get into
Find videos with high views and low subscribers
Make 10-15 videos about those similar topics
Once you have those corner stone videos getting views from being shown in the related videos on the similar videos you modeled, consistently pump out at least 2-3 videos a week
Watch your subscribers slowly grow over time
This is the exact process I used to go from zero subscribers to now around 250-500 subscribers a day.

Make Money Online Idea #2: Blogging
As awesome as YouTube is, blogging is far more powerful. Why is that you ask?

Well for one, when people are viewing your YouTube videos, you technically do not own any of those viewers; YouTube does. In most cases it’s no problem, but all it takes is one mistake with YouTube’s terms & conditions and you’re out of a business.

Blogging is different. You are the one that owns all the traffic that comes to your site. Meaning you will always be in business as long as you focus on providing value.

I didn’t start focusing on this business idea until the beginning of 2017.

All I regret is one thing: I wish I would have started sooner.

Not only has blogging allowed me to help impact more people, it has also given me the ability to showcase all of my best resources for teaching people how to make money online in one place.

When I first started blogging, I was not computer savvy at all and had no idea how to create a blog. But luckily, Bluehost (the hosting service that mikevestil.com was initially built on) helped guide me throughout the entire process, and I had my blog up and running in no more than 10 minutes.

1. Blogging – naturally this is my first suggestion and can be very lucrative. It does require you to create a blog, build on the content for a few months in order to generate followers and visitors, encouraging search engines and content readers to visit and buy from advertisements or your own uploaded information documents

2. Create your own online store – online businesses such as eBay, Amazon and Zazzle provide you with the tools to create your own online store, offering products for sale, often without the need to store yourself as you can advertise products, prior to purchase, for a higher price, arranging despatch and delivery from your supplier direct to the customer

3. Online Assistant roles – there are various websites which advertise admin and data entry type jobs where you provide a typing, translation or proofreading service for an hourly rate, set fee or negotiated amount without you having to leave your front room. The requirements are set out in the job advert and you then offer your services to the advertiser

4. Write books, articles or instructions/courses – if you have story ideas, a skill that you can teach others or want to provide advice on a specific subject, why not write your own material. If you can tell someone or demonstrate something it is possible to turn this into an eBook, upload onto a marketplace and sell this to others.

5. Create YouTube video tutorials – similarly, instead of getting this in writing, why not record yourself, a presentation or screen capture video, upload onto YouTube and advertise your skills. Placing advertisements alongside this can generate a tidy income. Also advertising your own website or blog, eBook or products for sale.

Make Money Online Idea #3: Sell an Ebook
So after my initial success, I began traveling the world. The entire time I was traveling, I wrote down stories on my blog on what happened, the things I’ve seen, and the lessons I’ve learned.

Once I had enough content, I went over to Kindle and uploaded all of the content on there. I then went to Fiverr.com and had someone make me a book cover for only $5. That was the birth of The Lazy Man’s Guide to Living the Good Life.

One of the benefits of creating a blog is that you can monetize all the material on it in a more organized fashion in the form of a book.

For those that love the 4 Hour Work Week by Tim Ferriss, all that book was was a compilation of all of the old blog posts on Tim Ferris’ blog.

I ended up following his footsteps.

Even though my sales suck compare to the 4 Hour Work Week, I am still able to get an extra $100 – $200/ month profit without investing any more time into it.

Most people would see this as pennies compared to the other money making ideas out there, but the power of writing books is that it will exist forever.

This is income that has consistently been coming in and it’s not going anywhere.

And ever since I moved to Chiang Mai, Thailand to focus on my YouTube channel and my journey towards financial freedom, it’s enough to pay for my fully furnished apartment while I run around Asia building my personal brand.

Here is the action steps you can do to get started:

Create a blog
Document your entire journey to building your first online business from any of these ideas on this blog post
Naturally people will find you from the search engines and begin following your story
After you get your first major success, package all of your blog posts into an eBook and paperback book for free on Amazon Kindle
The visitors of your blog will naturally see your book
They will end up buying it because of the value and inspiration that you have already provided to them
I never thought in a million years that I would become “an author.” I was a C+ writer in high school at best. But there is this crazy feeling you get once you finish a book. You begin to realize that the book will last forever long after you’re gone. And that it has the power to impact millions, leaving a legacy that you can be proud of.

The only question now is what legacy will you be leaving behind when you are gone?

Make Money Online Idea #4: Sell a Course
So if you focused your attention on building up a YouTube brand and a blog, naturally people will want to learn directly from you. They will thank you for all the free content that you have given them, and they’ll tell you how it was all life changing.

I remember when I got my first thank you email or snapchat message of how my free content on my blog and YouTube channel had helped someone make their first $100 online. It was mind blowing. I didn’t know how much of an impact I was actually having on people.

And these people that you have helped get initial success..

They will want more.

When I first got to this point, I tried helping everyone one on one as much as I could. But as my brand grew, I started to lose my time because I couldn’t help thousands of people personally every single day.

So to make things easier for myself and for everyone else, I ended up making a course. I realized that every single person I taught, I taught the exact same thing. So if I could organize them all into a video screen share tutorial, then it would give me the ability to impact more people.

6. Sell your own photographs – everyone today has a digital camera and there are many superb photographs taken every day. It was recently reported that there have been more photographs taken this year since then ever before. Everyone takes selfies, spontaneous photographs as well as those who do this for a living. Get your photographs uploaded to a stock photography site and earn an income every time someone buys one.

7. Affiliate marketing – this involves you advertising for sale other peoples’ products and, on making a sale, receiving a commission for that sale from the owner of the product. This can involve the creation of a website and advertising on this or creating advertisements, placing these on others’ websites to generate interest and hopefully a sale.

8. Create and sell unique items – jewellery for example. Other items include paintings, furniture, clothing, ornaments and so on. Once created, advertised on your own or others’ online shops for sale and generate an income. These can also be uploaded for sale on eBay, Amazon and other similar marketplaces.

9. Teach online – if you have a skill, specific expertise in a subject or have a hobby at which you excel, why not create a website offering hints, tips and advice. You can then go on to sell tutorials in eBook, video or audio formats.

10. Market research – there are numerous companies who pay website visitors to review products, websites and information sites and provide feedback and comments. This is then used by that company to advise their clients, make improvements or select specific products which perform well. payments from these companies vary from discount vouchers, point collection and turn this into cash or free products in return.

Make Money Online Idea #5: Affiliate Marketing
Now as your brand grows because of the amount of value you provide, your audience will begin asking for more products that have helped you out.

For example for me, people wanted to know the exact softwares I was using to run my business.

The two major ones that I use are Shopify for anything eCommerce related and Clickfunnels for anything sales funnels related.

And since these two had affiliate programs, I would get a commission whenever I would recommend these products.

I would have recommended these products regardless. But with affiliate marketing, I get paid to share the products that I personally love using.

Make Money Online Idea #5: Product Sales Funnels
Product sales funnels are amazing. What are they? In essence, they give you the ability to sell more shit.

Plain and simple.

Product sales funnels have these things called up sells, down sells, cross sells, all of these increase the lifetime value of a customer.

I highly recommend product sales funnels because they are the most efficient in making high revenues with low spend on advertising.

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10 Financial Habits to Start in Your 20s

10 Financial Habits to Start in Your 20s

Your 20’s are the most important decade of your life, where each choice you roll out can change the rest of your life. This time is an opportunity to develop positive money related propensities, so you won’t keep running into issues later on.  Moreover, it will be an ideal time of your life to create habits that will enable you to make the most out of your money and earning a lot of it in the future.

Time is money, is a great saying and is a continuous reminder for you to take an advantage of your youth to make a bright future for yourself, mastering good financial habits can make you prosper in your life. Indeed, learning financial fundamentals early can help guarantee that you can take smart risks and are well settled as you develop your vocations. Here are some of the financial habits you should master in your 20’s to have a bright and peaceful life ahead.

1. Learn Fundamentals of Finance

Become an entrepreneurMake yourself educated with the basics of finance. Either it is about a big money or small, you should know how to master in the basics of finance. Although finance can appear a little scary but becoming financially literate is very critical for your upcoming life. Start with small steps in making yourself comfortable in the world of finance as you are the one responsible for your life. Nobody is there to live the life for you, it all depends on you. 20’s is the ideal time to start with. Learn everything about finance whether you have enough money or not. It’s all about how prepared you are for the money and the money will make its way to you.


2. Invest in Quality and Use your Money Wisely

If you want to own a beautiful house and a luxurious car then this is the time to save as much as you can. Use you credit wisely and this will ensure your major purchases. There is no way to start a life without debts. As this is the case, don’t get horrendously hung up on being completely debt free, rather ponder on gradually and intentionally building credit history. Don’t think that you are too young to make smart choices, or your 20’s is not the time to start thinking about investing your money. It definitely is the right and the best time to start saving or think about investing in quality resources that can bring you advantage in the longer run. If the assets you are thinking to buy is a thing with quality then use your money, otherwise look for quality to invest in.



3. Learn How to Budget your Money

When it comes to spend money, set your priorities. For becoming a responsible adult, it is necessary to save money and learn how to budget. Through budgeting you’ll know where you are spending your most of the money and whether is it the right place to spend it or not? Moreover, planning enables you to pinpoint precisely where your cash ought to be going and this will help you in stopping the wastage of your money on unnecessary stuff. Your 20’s is the perfect time to start working on your budgets, as this propensity gives you the flexibility to tell your cash where it ought to go, and furthermore urges you to live inside your methods.

4. Put Debt Repayment as a Top Priority

In your student life, there comes a time when you need student loans or any other personal loan to carry on with the studies. Always put the repayment of debts at the top of your list, otherwise continuing with a future full of debts will be very difficult. Also, debt repayment will negatively affect your life, you will be occupied with thoughts of repaying money instead of planning your bright future.





5. Look for Part Time Jobs

Earn extra money through part time jobs. As soon as you get extra time, don’t sit free rather find yourself a good job and acquire as much money as you can. It is not something impossible, you can balance a full-time job with a part time job like that of your student life. The part time job can be anything whether on weekends or in the evening. This extra money can enable you to gain tremendous ground towards your budgetary objectives.


6. Start Cooking at Home and Live with Less

You should learn to love cooking. In today’s world, money spent on food is a lot. You can save much money by cooking food at home rather than buying a pizza or steak. Start to love things that will save money for you. Live with less instead of spending lots and lots of money on useless but expensive stuff. Don’t go for the consumerist desires of today’s society. 20’s is the time to develop good and healthy habits.

7. Start your Retirement Account

Start saving for your retirement from the very beginning. From every paycheck of yours, save a little in your separate retirement account. So that when the time comes, you don’t have to run for the money anymore and all you have to do is to rest and savor your life with the savings you made. In your 20’s, saving for decades later might seems senseless, but it is not. The savings that you make from the beginning ensures a financially stable future. So, enjoy the present and save for the future.

8. Enlist Your Goals and Start Saving

Its not about what you have rather its about what you are going to have in your future. Saving is the key to bright and luxurious future. For this, 20’s is the great time to begin with. To achieve your big goals, enlist them and then start saving to make them happen. Be patient and live as economically as conceivable so you can spare cash for the things you truly need. Your patience and savings will eventually pay off.





9. Find Financial Mentors

Your 20’s is the time to say goodbye to people who don’t respect your goals and start focusing on your life. Certain companionships can be awful for your bliss and your wallet. So, it is better to find a financial mentor rather than wasting your time and your life with such people. Try to get in touch with the professionals who will be there to guide you and will be supportive of your long-term goals.

10. Be patient and Work Hard

Nothing can be achieved without hard work. Saying that hard work is the key to success is definitely true. Look for every opportunity to get financially ahead. You have to begin with planning your life and start following your plans. For mastering the fundamentals of finance, average work will not be enough and getting afraid of mistakes will end up in failure. Take advantage of every chance you get and follow every wise advice you get regarding this; every mistake brings a new opportunity for you. In your life, whatever you wish to achieve, patience and hard work will eventually take you to the heights.

The Bottom Line

To set yourself up for a strong financial future, 20’s is your time! This is the time at which you should start managing your money and establish good financial habits. The foundation build during these years will let you stand on it amid your 30s, 40s, 50s and later.

How To build Wealth

A Simple one page guide to building wealth

Wealth creation has often been the last thing on the mind of the common worker. After all, how can you think of building wealth when you’ve got so many bills to pay? If we take a look at who generally holds the wealth in in america, it would look something like this:

America=Overall wealth basket of 100 percent.

The top 1 percent , also known as the rich or the wealthy, own and control = 90 percent of America’s wealth.

Everyone else own and control= 10 percent of America’s wealth.

Now why is this? Is it because of the government? Is it because of capitalism? It would seem like an unbalanced number considering that the middle class is the engine of the American economy. Not to be overly simplistic, but one of the more common reasons would be the mindset held by those middle class.

During our younger days we are taught to work hard, go to school, and find a safe and secure job. But we’re not taught the ways of money and the logical ways of building wealth. We’re basically taught to climb the corporate ladder if we want to get ahead.

This however, is a mindset that worked very well in the industrial age. But that age has long gone away. And we are now in what is called the information age. We live in time where the opportunity to build wealth is greater than ever before in history.


Building Wealth Starts With Paying yourself before you pay anyone else

Now what does “paying yourself mean, anyways?

I’m gonna play with your brain just a little to give you an idea of how this works.

Most people take a day out of the week to do their bills. Or to do the family home budget. An important discipline all of us should have, really. We allocate money for the light bill, we put money aside for the cable bill. We’re making sure the cell phone bill is taken care of. We budget for our taxes.

Am I missing anything? O yea, we’ve gotta budget for the car note and mortgage payments.

And before you know it that big piece of pie or take home pay is stretched to the limits. But is there anything we’ve missed budgeting for?

Of coarse! How about paying yourself? That would be putting money aside for savings, investments, and financial education, which could include books or courses that teach you the ways of money. But here’s whats gonna really blow your mind. You’re supposed to put that money aside for you, first! Before any of the bills. Sounds a bit counter intuitive I know. But it is the way to building wealth believe it or not.

Make paying yourself a part of the family budget

Paying yourself first should be added into your monthly budget and you should live on whatever is left. Does this sound strange? Does it sound like something that probably only 1 percent of people in America would even consider? That’s why that same 1 percent control 90 percent of all the money in America! They pay themselves first. No one, not a bank, not a credit card company, and not even the government, should come before building a strong nest egg for you and your family, period.

I can recall having a conversation with a friend of mine about the idea of paying yourself first. He thought I was crazy for even suggesting to him this idea. His problem with this idea would go something like this:

If I paid 10 percent of my earnings to me first, then how will I have money to cover all of my bills? This is an honest question, really. And I certainly felt where he was coming from. My answer is this:

You have to convert your way of thinking while reorganize your priorities. Here is the order in which your income should be allocated. We call this the 20 – 30 – 50 rule for budgeting. We believe that following this rule will set you on the way to your financial goals and put you on the road to financial freedom. The rule converts the old way of thinking about money to a new and improved wealth building concept of money.

So, here’s the breakdown of the 20-30-50 rule of budgeting.

  1.  50 percent of your income should go towards the things you need to survive. This will include you mortgage, car note, home utilities like lights, gas, water, and home phone, e.t.c. It does not include your cell phone bill or cable as we believe these to go into the category of wants. However, if your cell phone is mainly used for business, then that may be included in this category.
  2. 30 percent should go towards your wants. This includes all forms of entertainment and things like dining out.
  3. Lastly, 20 percent should go towards all of your financial goals. This will include savings, investing, paying off any debt you may have.

Notice we didn’t give you any specifics on how to invest or where to put your money. This is because wealth creation starts at home. It starts with the first fruits of your income. It also comes from changing the way you think about money.

If you could follow this rule you will find yourself in the “Law of Accumulation”.  You’ll watch as your savings and investments continue to grow and grow over  time! And by investing in your financial education, you’ll learn all that you need to about investing.

Recommended for you

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How To Become A Millionaire in Under 3 Years

How To Become A Millionaire in Under 3 Years

An intriguing question to say the least. But this is something that can be accomplished with the right focus and environment. It has been accomplished many times right here in America. A quick story.

As a child, I once was asked the same question many children are asked. What do you want to be when you grow up? “I want to be a millionaire”, I’d say innocently enough. My mom and uncles that were gathered around the dinner table smiled and had genuine but encouraging laughter towards my answer.

At such a young age I couldn’t have possibly known what it’s like to become a millionaire. But I did know that I wanted a bunch of money just like everyone else! Even at the young age of eight, I knew I wanted money. I could see that my parents wanted money. I was smart enough at the time to know that there must have been something important about money.

Even though the people in my environment always sent signals to me as a child the need and want for money, non of them actually knew or even really cared how to make real money.


As the years came and went, that dream of becoming a millionaire started to dry out. As a young boy growing up in the projects there really wasn’t the environment of people that considered thinking so big. As you might have guessed, my environment would have a huge effect on my own thinking.

Shortly after leaving college I ran into a book, by some sheer luck from the universe, called “Rich Dad Poor Dad” that found it’s way into my hands. I rejected it the first time I’d made contact with it as just another useless book. At the time I wasn’t reading nearly as much as I do now. But after maybe a year or two had passed the book found it’s way on to my Ipad. This time I decided to read it.

Surprisingly enough the book reminded me of when I was eight, a time when I believed in my dreams. I started to think again and open my my mind. The burning question was “Why shouldn’t I become a millionaire? That question would echo in my head months after having completed the book.

I decided then that I would do what I can to become a millionaire. But, can someone become a millionaire in 3 years? The short answer is yes. The long answer will depend if you’re able to follow important and specific disciplines.

How To really become rich

In order to become rich you’ll need three things to begin with.

  1. You’ll need a job (easy!)
  2. You’ll need a savings and checking account. (easy!)
  3. You’ll need to know within yourself that you CAN and should become a millionaire (Not So Easy


Study Self Made Millionaires

Self made millionaires have been watched and studied for many many years. I have found that there are five notable common traits in self made millionaires.

  • Their habits.
  • The amount of books they read.
  • Their environment. The people they surround themselves with.
  • Their mindset.
  • Their persistence

If you follow what many of these millionaires have done, you’d be well on your way to becoming rich. These are people who started with zero and eventually became rich within one single generation. You’ll get the same results they do by doing what they do.

Here are some of the points that were mention over and over again by many of the rich people I’ve talked to.


As you may recall earlier in this post, I grew up in an environment of people with very low income and around people that would never consider becoming a millionaire. Fortunately I later began to think big despite of this. Your environment will most likely determine what you can achieve. If you want to become a millionaire, you need to hang around millionaires.

You’ll soon begin to notice that: They talk about different things. They think big. They believe anything is possible. The love to execute their plans rather than talking about them. Soon enough these habits will start to brush off on you! Always remember this:  You are a product of the five people you hang around the most. Change the people you hang around and soon you’ll begin to see money in many different places you never even thought of!


Believe that you can and that you should.

Become an entrepreneurHave you ever considered being a millionaire? 90% of Americans don’t even think of becoming a millionaire. Strangely enough it is probably easier than you think. If you haven’t really considered it as an option than how could you ever achieve it? Becoming a millionaire starts in the mind. Read the book “Think and Grow Rich” by Napoleon Hill. This book teaches you that richness starts in the mind. Earl Nightingale famously said “We become what we think about most of the time”. Change your thinking first. Your habits of thinking will determine how far you will go. The mindset of abundance is the key here. Stop thinking about poverty and lack. Instead, keep your mind on things of high value and abundance!

Rewire your brain: Replace security with Independence

We’ve all been taught to go out their and get a safe and secure job. The mind set of security rather than abundance consumed our thinking. It came from our parents really. The focus of security was the prize. Unfortunately, this way of thinking will keep you a slave to the work place. A secure paycheck is the fastest way to be controlled.

An independence mindset doesn’t look for security. It looks for opportunities and freedom. Independent thinkers operate on the side of risk and in the world of what’s not promised to us. They don’t need a promise of a pay check. They don’t seek promises made by the government every month. And they don’t need a promise that some venture or business they are creating will actually succeed. Independent thinkers realize that nothing is promised. But they do understand that if they focus and learn as much as they can, they have a high probability of achieving their aim.

Start to think outside the box. Don’t be afraid to put your neck out there for something you believe in. You might be surprised at how much you can achieve!


Are You Willing To Make The Sacrifice?

Self made millionaires discipline themselves to make what ever sacrifices that are necessary to achieve their dream. This could mean financial sacrifices like living below your means and saving each month from your pay check. Sacrifices that require you to stay home and study rich people while your friends are out partying. It could also mean failing miserably and making the sacrifice to try again and again.

Your journey to become a self made millionaire may leave you with less friends than you might think. You will have to sacrifice a comfortable environment if you truly want to make it happen.

You may have to organize and reorganize your entire financial situation to prepare yourself for what’s to come. To prepare yourself to be rich. You will also have to work even harder than your friends and family. They will call you crazy and obsessed. But this is to be expected. Learn to BE UNCOMFORTABLE and BE OBSESSED  with your vision!

These are the sacrifices many millionaires had to make. Committing yourself to make these sacrifices will put you in the top 10%!


Becoming a millionaire does not happen by accident. It comes from a long period of disciplined persistence in doing the things neccesary, over and over again. Building and developing the habits of the rich and surrounding yourself by BIG Thinkers.

Believing that you can and that you should is a start. There are millions of ways to becoming rich in this day and age. The question is, are you willing to do what it takes? Are you willing to make the sacrifices? Are you willing and able to change your thinking and start having a mind of abundance rather than scarcity? If so, then you will be well on your way to becoming a millionaire!


7 reasons you should stop trading time for money

7 reasons you should stop trading time for money

We’ve always been taught that in order to make money we have to go to work and put in the hours. It’s a simple concept really. I work so many hours and you pay me for each hour I work. The rules are simple. If I don’t work any hours you don’t have to pay me any money. In this lies a really big problem. The concept will limit your earning potential due to the fact that you can never make more money than the number of hours you put in.

Have you ever wondered if there was another way to make money? One that doesn’t really require you to trade hours for dollars? That’s what this blog post is about! Money really is only numbers inside of banking systems being transferred from one account to another. The days of holding physical cash is approaching its end. The question is, how do we get those banking numbers, how can we transfer more of it into our own account!

Here are 7 reasons you shouldn’t trade time for money.

1 Taxes

Did you know that the government imposes higher taxes on earned income and salaried income employees? Think about that for a minute. Big business owners and investors are taxed at a lower rate than hourly employees. Basically, the harder you work the more money the government takes! To me that doesn’t sound like a racing game I’d want to play. According to Robert Kiyosaki’s book, “The Cashflow Quadrant,” the best place to be is on the right side of the BI triangle. Be on the side of Business Owners and Investors.


2. Your Time can never be given back to you

Time is one currency that only goes in one direction. Away from us. We only have a finite amount time to be happy and live fulfilling lives. Spending 40 plus hours per week trading time for money must have been invented by a knuckle head to be blunt. Imagine if you spend 40 hours a week self-educating yourself. Or spend those same hours building a business. Or those same hours mastering your own craft?

In the end, we will always wish that we spent more time doing the things we love. By trading so much time for money, we never even have time to get in touch with our own genius. They told us that we need a safe and secure job, and that means we cannot pursue our passions. Just remember this, all that time you’re spending trading time for money is to build something that doesn’t even belong to you. To make another person rich with your own cherished time.

 3. Your money is limited to 24 hours a day.

As I said earlier, the money you make is tied to how many hours you can actually work. Unfortunately, this is a dead end. After much study and self-development, I have found that money can actually work more than 24 hours in a day. I have created businesses that allow my money to work for me. Ever considered giving your money a job? Put it to work and you’ll see that it never needs to take a break and can work much more than 24 hours in a day. I’ll teach you some simple tricks on how to achieve this in another post!

 4. You won’t go very far Trading time for money.

Being that the amount of money you can earn depends on how much work and hours you can put in, your income can only go but so far. It can go as far as how many hours you can work. Here’s an alternative you might want to consider: Imagine if you could use the hours someone else puts in to earn you money? You could hire or convince more and more people to help achieve your dreams of being wealthy!

This, however, is a concept known as OPT. (Other People’s Time). An even more advanced approach is OPM, (Other People’s Money). You’ll know you’re winning the game of money when you’re using OPM and OPT!

5. Just because you built it doesn’t mean it’s yours.

What amazing things you all have built here in the office.” A quote from a CEO.

“Thanks to your hard work here in the office, I can go build an even bigger home for myself.”

“We’ll talk about that pay raise next year!”

What’s happening here is what happens all too often. Employees work day in and day out to create an asset that someone else will get to enjoy.

Here’s a better way of thinking: If you’re smart enough to build someone else’s business, you’re probably smart enough to build your own! Just saying.

6. It puts you in a mindset of security rather than abundance

A safe and secure job is what we’ve always been taught to look for since grammar school. But consider everything that happened during the 2007 crash. A great many of “safe” and “secure” jobs disappeared in the blink of an eye. And you know who hurt the most? Salaried and hourly employees. Business owners and investors made it out!

And you know what they did next? They created even more wealth from the crash since homes, property, and stocks were all on sale. They purchased those assets at a discount while salaried and hourly employees were stuck looking for the next safe and secure job! Let this be a good lesson. Hourly jobs and salaried jobs can be just as risky as being an entrepreneur. Perhaps even more riskier than building your own business.


7 It doesn’t teach you true financial education

If you think having a savings account is enough for good financial IQ, then think again. Mysteriously enough, financial education is not taught in schools at all. I’ve learned so much about money being out of school that it really blows my mind! It almost feels like this is an intentional system that we live in.

Having good financial education is key to living out your dreams and desires. What you don’t know will hurt you! Believe me when I tell you that ignorance is NOT bliss! Had any of us had assets spread out into various sectors and asset classes, the 2007 crash would have just been a small inconvenience.





Focus on you and pay yourself first! Take 10 percent of all your weekly earnings and put it towards building an income generating asset. An income generating asset is something that puts money in your pocket every month, no matter how little. By paying yourself first, you’re building the bridge towards financial freedom each and every month, with each and every pay check. Additionally, focus on your own financial education and learn the tricks and Master the game of Money! Wealth, Money, Abundance, it’s all yours for the taking!

I think you get the message I’m trying to get in your head. Build your own business. Take a step and perhaps become an entrepreneur! It’s less risky than a 9-5 job. This has been said by many of the wealthy people we’ve interviewed.

I look forward to seeing you at the top!


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7 Reasons Why You Should Skip College

And it has nothing to do with being bored out of your mind!

Now, don’t get me wrong, college can turn out good for some people, but it’s definitely NOT for everyone! Take my friend, and won’t use her name, who graduated top of her class with a master’s degree.

Fast forward 3 years:

After receiving her degree, she still does not have a job in her major. To make matters even worse, she owes over $60,000 in student loan debt. Can it get worse! Yes, it can.

She’s a wonderful an sweet person. But she now works at a job that any person with average intelligence could’ve gotten after graduating high school. Working alongside high school students and with people who never spent the countless hours studying like she did. Oh yea, and let’s not forget, she’s gotta make those monthly payments for her student loan! How could this happen? We’ll go into that in just a bit.

Now lets use another person who took a different road than the above mentioned. The second person did not go to college. Not at all. Yet, she earns well over $7,000 per month in passive income. Now I’ll admit, it wasn’t easy to achieve. But it was done by thinking outside of the box.

She spent many hours learning how to create a profitable online business as well as figuring out how to acquire Income Generating Assets, which is the focus of this post.

Create Income Generating Asset

So, what is an Income Generating Asset? An Income Generating Asset is something that you work hard to build, or a system already created, that puts money into your bank account every month, no matter what. You can never get fired by your asset.

If you pass on, the asset will continue to pay you without skipping a beat.

To really blow your mind, most of the things I learned about finding income generating assets was taught in school. Yea, they teach you about the stock market or whatever, but they don’t really teach students how to build wealth.

With all that said, here are my 7 reasons you should probably skip college

1. College doesn’t teach financial education. “And a whole lot of other stuff”!

College teaches you to be smart and get good grades like mom and dad said. You can get really smart from going to college, like really smart, you might even be on top of your class!

But unfortunately, being smart isn’t enough to make you wealthy.

There are certain vital skills you’ll need on your road to wealth.

Things like failing a lot. School never tolerates failing, yet it is the one thing that teaches us humans best. Financial education is vital for survival, and the fact that college doesn’t really teach that irks me!

Additionally, things like building a team and networking aren’t really taught in school either.

Learning to connect might be the best skillset you could ever acquire. Ever wonder why people who don’t deserve it make way more money than you? It’s because they’re connected!

Additionally, college doesn’t really teach you about the importance of a mentor.

A mentor is someone who has already achieved what you’re trying to achieve. They’ve already did the failing part and now you need to just heed their advice. People who acquire mentors usually get much further than people who try and go it alone.

2. A robot might get the job before you

Think about how far we humans have come. Ever notice that banks now have smart ATM machines? Yup. No longer do you need to even talk to a teller in a bank.

These machines are wicked dude! And they are very efficient, they don’t need a lunch break either. Breakthroughs in technology are increasing exponentially every year.

If it takes 6 years to get a master’s degree, hopefully computers or robots won’t be efficient at your job by the time the dean hands you a master’s degree! Just saying!

3. Student Loan Debt

Need I say more? Did you know that the US holds more than one trillion, that’s trillion with a t, in student loan debt? More debt than car loans.

More debt than mortgages or credit cards. Sounds to me like someone’s doing something fishy.

Just in case you didn’t know, the government really enjoys this. Your student loan debt is not exempt even if you file for bankruptcy protection. Crazy right?

Bankruptcy can protect ALL those other debts, but why not student loan debt?

All you’re trying to do is be educated and helpful to the society. And this is what you get in return? A $60,000 student loan debt along with your degree? I’m thinking there’s much better ways to invest that money, and I can prove it. But that’s for another post!

4. Job Readiness in the real world.

Want to guess what hiring managers are saying when hiring people right out of college? They’d rather not!

Many students have zero skills when it comes to working in the real world.

They might be great with numbers, excellent with computers, and can count to a million really fast, have a 4.0 GPA, but they have zero communication skills, zero networking skills, and zero Job skills!

Much of the knowledge these students have just can’t be applied to the real work being done. Hiring managers want to see a track record of success. They want to see proven experience. Unfortunately, few college grads meet this bar.


5. Available Job Opportunities.

If you spend thousands and thousands of dollars to attend school, and four to six years of your life, you should be able to find a decent job, right?

In theory at least. Unfortunately, this is too often not the case. A recent study showed that only about 67% of graduates actually work in their chosen fields. To make things even more sticky, most students don’t earn anything near what they’d worked so hard for in school.

So, why is this? Well, one reason is my point on actual job skills. But it’s more than that. The college system was set up in good faith during the industrial age. An environment of learning real life skills and team work and preparing students for jobs in the industrial world. I hate to break it to you, but the industrial revolution is long gone, we’re now in what is called the information age.

Everything you need to learn can most likely be found with just a click of a button. A bigger question for you might be, are you equipped for this new information age? Since there is such an abundance of information out there, you’d need to know how to prioritize and categorize what you learn in this age. Mainly because much information gets outdated fast and there is really too much information to consume.


6.  Could turn out to be a waste of time

Spending four to six years in college in this day and age is like a life time. I learned so much more from my own time with self-development. As I said before, I didn’t attend college, instead I tried to build businesses during a time many of my family members said I should be focusing on college. They pushed me hard to go to school, yet I resisted.

Many of my first attempts at creating an online business really fell flat. But in the course of trying, I learned many skills that put me in the position I am today. I kept working and learning new skills while adapting to this new and changing world. Eventually, I built some really awesome businesses! If I had been stuck in school I would never have been able to create the passive income streams I created.

Being too focused on climbing the cooperate ladder is really the issue with college. Your job is in their hands. I’d prefer to have money working for me twenty-four hours a day. In fact, I’d rather own the ladder!

7.   Entrepreneurship is a viable Alternative

How about creating your own job by creating value in the market place? I’d bet it would be something you’d be good at!

School teaches us to be employees rather than entrepreneurs. It’s amazing how much debt we’re willing to take on for the promise of a good job. Upwards of $100,000 in debt in some cases. And to make matters worse, your boss can up and fire you at any time. Guest it’s time to dust off the resume!


How about trying to build a business around something you love? That’s what I did!

And before I leave. Here’s a quick note from my friend Tai Lopez.

Is A College Degree Worth It?


Learning is a lifelong endeavor. There is an old saying “Formal education will make you a living; self-education will make you a fortune.” The thing about success is that truly successful people are never satisfied, and they want to keep growing and learning. That’s what sets successful people apart.

That’s why I write these emails to you, because you’re going to need to keep learning from other people. You can never learn anything by yourself. You have to read something someone else has written, or watch videos or listen to a lecture if you want to keep expanding your knowledge base.

Now, if you want to go to college, by all means, go ahead. But you gotta remember you can never stop learning.

Stay Strong,


Have you ever been told how risky it is to build a business? Rather than a safe and secure job? Safe and secure job is an oxymoron by the way. Safe and secure doesn’t really exist in the free economy in my opinion. I tend to think that depending on a job is much more riskier than building a business. If you don’t believe me ask Robert Kiyosaki or Tony Robbins.

A famous quote from Robert Kiyosaki – We go to school to learn to work hard for money. I write books and create products that teach people how to have money work hard for them.

Try to focus more on your financial education and take steps towards becoming an entrepreneur, it might just be natural for you!



Online Courses could be a better alternative for you

Taking classes online could be a better choice for you. The great thing about taking courses are as follows:

  1. They are very targeted to help you achieve very specific goals.
  2. They are much cheaper than conventional schools. You don’t have to worry about going into debt to get your degree!
  3. They are usually pretty fast to finish and earn your degree
  4. Online courses tend to follow job trends much better. As many of the available jobs die out, online degrees consistently update to stay ahead of the curve.

Think about getting your online degree. It may just be the thing you were looking for!

How about creating Passive Income for the rest of your life?!

Passive income will put money into your pocket every month no matter what. It is the only true gateway to freedom. Freedom of time. Freedom of location. And freedom to be the person you really want to be without  worrying about money all the freek’n time!

Leave your comment below and let us know what you think !

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