Tag Archives: online income

Jewelry Designer working hard to build her investments.

This jewelry maker is doing the right thing working hard on her online jewelry store and reinvesting the profits to grow her income. She also is a dog lover and she likes to donate to different dog organizations.  She has a big heart for those little furry people.

Check out her website she has many great looking designs Chunky chains and Bracelets, and her selection is always growing. C&C Collection

Ways to create Income

Ways to create Income

  • Dividend Stocks – Stocks that pay dividends, good companies that are know for giving out dividends, also take a look at REIT’s and MLP’s – make a diverse portfolio of stocks mix it up quarterly and monthly. High Risk and Low risk = (don’t put all your eggs in one basket)
  • Real Estate – rental properties, single family houses, multi-units, even being a realtor on the side can create income.
  • Land – if you own the rights to the land you can rent out the land to someone weather for hunting, farming, or if someone wanted to build on your land.
  • Ads on Blogs, websites, = check out adsense from Google easy way to get started.
  • YouTube – does the camera gravitate to you? Then try out YouTube some people get a nice check in the mail.
  • Side Business – pretty handy at making things, have a creative mind – try making a product to sell to people and online.
  • Online – drop-shipping, private label products, Affiliates programs
  • Ebooks – have a something to say, a story to tell?

Always keep investing! Take Action

Looking for more advice, tips, and information than check out the rest of my blog.

How to become a Millionaire one step at a time

How to become a Millionaire one step at a time

 

  • Follow the money. In today’s economic environment you cannot save your way to millionaire status. The first step is to focus on increasing your income in increments and repeating that. My income was $3,000 a month and nine years later it was $20,000 a month. Start following the money and it will force you to control revenue and see opportunities.
  • Don’t show off – show up! I didn’t buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income. I was still driving a Toyota Camry when I had become a millionaire. Be Known for your work ethic, not the trinkets that you buy.
  • Save to invest, don’t save to save. I like this saying and I tell people all the time. The only reason to save money is to invest it. Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one (increase income). To this day, at least twice a year, I am broke because I always invest my surpluses into ventures I cannot access.
  • Avoid debt that doesn’t pay you. Make it a rule that you never use debt that won’t make you money. I borrowed money for a car only because I knew it could increase my income. Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer.
  • Treat money like a jealous lover. Millions wish for financial freedom, but only those that make it a priority have millions. To get rich and stay rich you will have to make it a priority. Money is like a jealous lover. Ignore it and it will ignore you, or worse, it will leave you for someone who makes it a priority.
  • Money doesn’t sleep. Money doesn’t know about clocks, schedules or holidays, and you shouldn’t either. Money loves people that have a great work ethic. When I was 26 years old, I was in retail and the store I worked at closed at 7 pm. Most times you could find me there at 11 pm making an extra sale. Never try to be the smartest or luckiest person – just make sure you outwork everyone.
  • Poor makes no sense. I have been poor, and it sucks. I have had just enough and that sucks almost as bad. Eliminate any and all ideas that being poor is somehow OK. Bill Gates has said, “if you’re born poor, it’s not your mistake. But if you die poor, it is your mistake.”
  • Get a millionaire mentor. Most of us were brought up middle class or poor and then hold ourselves to the limits and ideas of the group. I have been studying millionaires to duplicate what they did. Get your own personal millionaire mentor and study them. Most rich people are extremely generous with their knowledge and their resources.
  • Get your money to do the heavy lifting. Investing is the Holy Grail in becoming a millionaire and you should make more money off your investments than your work. If you don’t have surplus money you won’t make investments. The second company I started required a $50,000 investment. That company has paid me back that $50K every month for the last 10 years. My third investment was in real estate, where I started with $350,000 a large part of my net worth at the time. I still own that property today and it continues to provide me with income. Investing is the only reason to do the other steps, and your money must work for you and do your heavy lifting.
  • Shoot for $10 million, not $1 million. The single biggest financial mistake I’ve made was not thinking big enough. I encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.

Apply these 10 steps and they will make you rich. Steer clear of people that suggest your financial dreams are born of greed. Avoid get-rich-quick schemes, be ethical, never give up, and once you make it, be willing to help others get there too.

by Grant Cardone Contributor

International Sales Expert

Thank you Grant your article has made a difference and I read it almost once a year.