Random Thoughts and Learnings From The Money Summit and Wealth Expo
This article is posted under Income Opportunities, Investing, Mindsetting, News and Events.
Last weekend was a truly inspiring and educational experience for me as I attended the two-day Money Summit & Wealth Expo 2010.
Never mind that I still haven’t fully rested from my Leyte trip, the energy of the speakers and the attendees were enough to fuel me throughout the event.
As I browse through my notes, I see a lot of really great lessons and discoveries which I want to share here to all of you – wealth building strategies, income opportunities and investing techniques that I know will help you on your way to becoming rich.
And to start things off, let me give you some random thoughts, nuggets of wisdom and important realizations I had during those two days.
Once I am able to organize my notes, I shall write about them in greater detail so you may also learn what I learned during the conference – for free.
So for now, just indulge on some of these thoughts.
“Always seek knowledge because you make money on unconventional wisdom.”
On Real Estate Investing
- It’s good to invest in real estate because it has income, equity, appreciation and leverage.
- One of the best way to earn from real estate is through foreclosed properties offered in banks.
- Real estate investing simply involves going through the cycle of Find – Fund – Fix – Sell – Profit.
- Never fall in love with your investment.
- Selling is a matter of attitude.
- A salesman does not attack, blame and complain.
- Everyone is a prospect.
- If you want to succeed in selling, you need passion, practice and persistence.
“In business, there is no afternoon and evening. It’s morning all the time.”
On Stock Market Investing
- The stock market offers one of the best investment returns.
- There is a proven strategy to make good money from the stock market.
On Forex Trading
- Forex offers one of the fastest investment results with high returns.
- The foreign exchange market is open 24 hours “almost” everyday.
- It’s a fast way to make a quick buck, but ONLY if you really understand it and know how to “play” it.
“Personal growth can only come through discipline.”
On Internet Affiliate Marketing
- The internet offers a lot of ecommerce opportunities which anyone can tap, a true work-from-home opportunity that gives great income.
- You don’t need to be a writer to have an ebook which you can sell online.
- Aside from electronic books, there is a lot of digital products from other companies available on the internet which you can sell and earn commission from.
On Network Marketing or MLM
- There is no saturation of the market.
- Network marketing is all about building teams, not just selling products.
- A network marketing business usually takes five years to mature.
- You should choose a network marketing company as if you’re choosing a spouse.
“Self-education will make you a fortune.”
- The success rate in franchising a business is much higher than starting a traditional business.
- Franchising grows more during times of market recession.
- There are institutions that can give out loans for the purpose of franchising a business.
On Becoming Ultra Rich
- Work smarter not harder.
- If you want to be ultra-rich, you have to learn how to start a business, then support it with real estate investments and paper assets.
- Anyone can achieve financial freedom.
I must tell you, these are just the very, very tip of the iceberg of knowledge that I was able to learn on those two days. And the best part is, I’m going to share all of them to you here in the next few weeks.
So be sure to subscribe to Ready To Be Rich so you won’t miss out on any of these financial lessons, expert advise and wealth building strategies in the future. It’s totally free!
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