The future is here

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Over a decade ago I concluded that the business model used by our partner company was ahead of its time. This conclusion was based on my study of business books that described new trends in business. Some of my current top team members became business partners on the basis of these writings. Now I believe – the future is here.

And here is an example, another mainstream conventional business product distribution shifting to our way of business. One of the first was computers, with Michael Dell’s direct to the customer model. Now read what’s happening in cars sales and distribution – and not just bottom end cars – this article is about the top end of the brand options.

How about a car dealership with, er, no cars. Audi’s virtual showroom in London is hailedas the future of automobile retailing.‘Audio City is revolutionizing the future of retailing by combining digital product presentation and personal contact with dealers’, says Interbrand, which annually rates the value of global car companies. Other makers, including BMW and Infiniti, are working on similar products.

Duff, Craig, 2012, Soft sell via the hard drive, The Saturday Mail, Brisbane, p. 3 of the Cars Guide lift-out.

That’s what we do. We offer personal relationships to consumer, using virtual displays and a small amount of hard product, and arrange distribution from the manufacturer to the consumer. We even offer customization at a level not yet achieved by any other in our industry.

Make no mistake – the future is here. It’s time to stop thinking and living in the past. That’s going to be tough for many who do not embrace change, and who cling to the mind-set of the masses. But then being left behind economically and in standard of living – the price you will pay for failing to keep up and change – is not going to be very easy either. And that ‘un-ease’will be experienced by more than yourself. It will be experienced by all those who depend on you – you partner, your off-spring, your relatives and any others you influence.There is one saying that will always apply – the rich get richer and the poor get poorer. Your decision in embracing new models of commerce will in a significant way determine if you are part of the poor getting poorer equation.

Yes, the future is here. I embraced it over a decade ago and have been paving the way for thousands who have followed my lead. Are you still living in the past? If so, and I expect that would be the honest answer, you probably have a collection of vinyl records also…

Want to learn more? Email info@paychecktopassive.com.

It’s hard

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For over a decade now I have been training and mentoring people in the journey to developing leveraged and passive income, using the same business model. An email I received recently encouraged me to reflect on this experience.

To give some background, I like to use Robert Kiyosaki’s ‘cash flow quadrant’, where on the left hand side of the quadrant you have ‘E’ for employee and ‘S’ for self-employed. The Es have no control over their work or leverage income. The S have control over their work but no leverage. On the right hand side you find ‘B’ for business people, and ‘I’ for investors. They both have leverage, however the ‘I’s have passive or residual income. The great divide is leverage. On the left hand side there is no leverage. On the right hand side there is leverage.

So what’s so important about leverage? Your income is not limited to your personal exertion!

I know it’s not easy for humans to change, and moving from the left to the right hand side of this quadrant is change. In the last decade plus I have watched thousands put up their hand to ‘cross-over’ the entrepreneurial divide. They don’t all make it. That’s life. That’s human nature.

Yes, it can be hard work – developing new skills, new habits, and new beliefs. However let me share what I think is really hard.

Having a fixed income and watching cost of living rise. I think that’s hard.
Having little ability to raise your income and receiving unexpected large bills come in. I think that’s hard.

Having to turn up for work at times and places determined but other people – I think that’s hard.

Having to work with people you don’t necessarily like – I think that’s hard.

Not receiving income when you don’t turn up for work – I think that’s hard.
Worrying about the fact that if you miss days of work you will not receive income – I think that’s hard.

Falling behind on the bills because you did take some days off work – I think that’s hard.

Having to go to work knowing you are doing little more than paying the bills – I think that’s hard.

Spending more time with strangers in the work environment than with your kids or those you would prefer to spend time with – I think that’s hard.

Living with the regret you were not there at the crucial times for your kids when they were growing up because you had to go to work – I think that’s hard.

Realizing that if something were to happen to you your family would not be financially looked after because you can no longer go to work – I think that’s hard.

Getting older and realizing you will not be able to work for as long as you are alive, and wondering how you are going to support yourself and or your family in your ‘golden years’ – I think that’s hard.

Living in poverty during the final 10-30 years of your life because you can no longer work in the way you spent your life working and now there is no income – I think that’s hard.

Waking up one day to realize your adult life to date has been built on a flawed economic model – I think that’s hard.

I have also concluded that it would be lot easier to simply give seminars on how to become an entrepreneur and walk away after the 2-5 days course. After all, most do this, and the majority are conditioned to believe that this is the way to go. They go to a course on ‘business development’, and walk away with ‘all the information’ they need to succeed.

I note with interest listening to John C. Maxwell (US business leader, speaker and author) in a live presentation recently agree with my conclusions on this point – that staying with people until they achieve their success is a lot harder than giving them a course in how to do it for a few days and then walking away.

However the short term gains of taking someone’s money for a few day entrepreneur / business seminar are outweighed by the long term success of sharing the true financial success of your student.

So yes, I find some things hard also. However like most things in life hard is on a continuum. And I find ‘working for a living’, ‘working for money’, harder than creating a purpose based life for yourself and your family through entrepreneurial development which includes guiding others to share your entrepreneurial breakthroughs.

The first 2 years in a new entrepreneurial venture can suck!

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We know – we’ve been there! We know the first 2 years can suck, because we have worked with thousands going through this. But its good for you to know so you don’t get too rocked by this, and it’s good to know what to do to over come this.

Learn this at this audio, an extract from a Brendan Burchard audio. Fantastic listening:

http://bit.ly/qKF2kv