Credit where Credit is due, this post was reposted from Chris Record’s facebook wall.

This knowledge was passed on to me from one of my mentors, Chad A Wade, who unfortunately passed away a few years ago. But his wisdom still lives on.

And what better way to pay respect to Chad, than to pass on his wisdom and knowledge to you, so that’s what today’s post is about.

It was a hot day back in summer 2009 in Washington DC and I was blessed to be hanging out with Chad Wade, checking out the monuments and talking about our dreams, goals, and our vision for business in the future.

Chad said, “Chris, millionaires become millionaires because they find multiple ways to make money doing what they are currently doing.”

At first this advice might seem simplistic, but let’s think about this for a minute.

What Chad went on to explain was that our time is limited. If you always see yourself trading time for money, then you will run out of hours, and will run out of the ability to make more money.

So in order to create wealth, you want to find more ways to earn income during that same 24 hours in a day that we all have. And the more that income is based on you trading time, the harder it will be to amass wealth.

It was a HUGE PARADIGM SHIFT for me.

You see, when you think of a regular job, like back when I used to be a food server at a restaurant, it took every bit of energy for me to work those hours. How could I possibly be earning more money in those same hours?

But, when you look at the owner of that restaurant, he owned multiple restaurants, earning money from all of them, while he wasn’t even there.

And this was just the beginning of the paradigm. To truly understand this concept, let’s talk about something I like to call the “Inception Effect”.

THE INCEPTION EFFECT

Building a Business, within a Business, within a Business…

Let me ask you a few questions.

Is McDonalds is in the Hamburger business, or the Real Estate business?

Are Movie Theaters are in the Movie business, or the Concessions business.

Is Dr. Dre is in the rap business, or the business of producing rappers?

The answer to all 3 of these questions is BOTH.

But then, does it go even deeper…

Take Dr. Dre for example:

1) He is a rapper, where he trades time and skills for money to build his personal brand.

2) He is a producer, where he leverages his time for more income from overrides on the time and skills of other rappers.

3) He is an investor, where he leverages his money and branding into BIG business opportunities to amass wealth far beyond what he could trade his time for.

Dr. Dre is well on the way to becoming the first billionaire rapper, but does that money really come from his rapping?

You see, Dr. Dre found multiple ways to make money doing what he was already doing.

He was already in the rap game. But he had a business mindset. So rather than just trade time for money as a rapper, he decided to start producing other rappers, and he became more of a talent scout. He was building a “team” that he could override. Similar to many business models you might be aware of.

He had to review thousands of potential artists, just to find the handful that would be hits. He had to take risks on people, many of which didn’t pay off. He had to gamble away his time, with the chance that he wouldn’t find any talented artists at all.

But, his calculated risks paid off. He found artists like Snoop Dogg and Eminem, which he produced and earned a massive residual override from. This is similar to finding a top sales rep under you in business that you get started, and then get a cut from all their sales. Sometimes, you can override more on a deal like that then you could ever make yourself trading time for money.

Then, he was smart enough to leverage his business mindset even further, by getting his branding involved in commercial product endorsements where he would get a piece of the company if it ever took off.

Now, he is on his way to become the first billionaire after positioning himself in deals like Beats by Dre, and others.

REAL PROFITS AREN’T ALWAYS WHERE THEY SEEM

Let’s go back to the movie theatre example. How much profit do you think they make on the sale of an actual movie ticket? Not much when you consider that the actors have to get paid as well, so do the producers, and the investors that put up the ad dollars to get people to go to the theater. And so much more.

The movie business would be a tough business to be in. If it weren’t for the business within a business.

Think about it. How much profits is made on a bucket of popcorn? How much profit do you think is made on a cup of soda? A TON right?

It’s basically just sugar water, which is very cheap. As well as ice, which is essentially free. The most expensive part is probably the cup itself, which is super cheap as well.

But…

Once you are inside the movie theater, you have zero options. You are not allowed to bring in your own food or drink. And you don’t want to sit through a movie without any right? So they have effectively driven you to the concession stand to buy their marked up products that have huge profits.

They make so much profit on concessions, that it’s worth LOSING MONEY to get you into the theater, because they would still be profitable.

They rely on the movie production companies to spend the money to drive people to the theaters, and that’s why they give up so much of the money on ticket sales.

But their real business only begins AFTER you have bought your ticket and you are inside.

And in the McDonalds example, if you research their history you will actually find that Ray Croc was STRUGGLING to be profitable until one of his employees, named Harry Sonneborn, actually convinced Ray Croc that the REAL money in their business was in Real Estate, not hamburgers!

It’s a true story.

Sonneborn came up with the idea to take out mortgages to buy the land and the building for each franchise, and then LEASE them back to the franchise owners at a 40% increased premium!

What’s even crazier is that the better the franchisee did with their business, the more they would have to pay in lease fees!

Based on this model, McDonalds went on to become of the largest real estate investment companies in the world, under the corporate name: Franchise Realty Corp.

WHERE IS THE “REAL” MONEY?

I began looking for opportunities to find businesses within businesses so that I could really open my mind and expand the possibilities I could have in my personal life.

Sure enough, examples were everywhere.

For instance, I love golf. It’s one of my passions. So I started looking at Tiger Woods. Sure enough, it became clear as day.

Everyone knows Tiger Woods as one of the best golfers in the history of the game. And he wins MILLIONS for each tournament he takes 1st place in.

But then you start to see the REAL wealth and where it comes from.

Tiger Woods Made $83 Million Last Year, And He Has Now Earned $1.3 Billion In His Career. Golf Digest reports $71 million came from off course endorsements, and the rest was from his tour winnings.

Did you catch that?

So, he made $12 million last year from his tournament winnings, and $71 million from his “other” business. And what business is that?

Sponsorships and Endorsements.

Wow, think about it. Are golfers in the “golf business” or in the “endorsement business”? Both. But where is the “REAL” wealth generated? Endorsements!

How much does a Nascar winner receive if they take 1st place in a race? But how much more do they receive from sponsors if they wear their logo on their clothing, or put their logo on their car? The answer is MUCH MORE!

You might think that Shaquille O’ Neal is a rich basketball player, and perhaps one of the best. But did you know that he owns 40 24-Hour Fitness clubs, 155 Five Guys restaurants, a jewelry and clothing line, nightclubs, and more!

And there are hundreds of examples that I could continue to put in this post.

IN SUMMARY

How can YOU find more ways to make money doing what you are already doing?

How can YOU find ways to leverage your time, your skills, your money, your resources, and everything else in order to multiply your wealth rather than just add to it?

My main point I am hoping to drive home today is that wealthy people tend to find multiple ways to make money, doing what they are already doing, and that my good friend Chad Wade made an impact when he shared that information with me.

I hope that even one person is impacted by this post, and that it helps steer you towards a more efficient path for wealth creation and abundance in your life.

Let me know if this post has impacted YOU at all.

—Chris Record

The post Millionaires Become Millionaires Because They Find Multiple Ways To Make Money Domain What They Are Already Doing appeared first on PrintingMoney.com.

It requires:

• NO money
• NO website
• NO business card

It’s very basic.

Find a really well-written “how-to” article. Then offer the solution that article provides as a service to everyone who shared it on social media. Use the step-by-step instructions from the article to learn how to offer the service.

No experience required.

Want an example?

Here is the step-by-step process

I’m going to walk you through both steps. Follow along and do what I do.

Step 1: Find a “how-to” article

Here is an incredibly detailed article on how to set up a retargeting campaign: How to start your first $100 retargeting campaign.

You don’t need to know what retargeting is or have ever set up a campaign in your life. Just read the article.

Seriously, go read it. I’ll wait.

…

Done?

You now know more about retargeting than 99.9% of people online. You are an expert (in relation to nearly everyone).

Congratulations!

Tip: A few good places to find detailed how-to articles are Okdork, Backlinko, Quicksproutand Buffer.

Step 2: Offer the article as a service

Now your job is to take the information in this article (how to use a retargeting campaign to grow your business) and offer it as a service to everyone that shared it.

How do you do that?

First, go to Topsy.com and enter the post’s URL.

This will give you a list of everyone who shared the post on Twitter.

Click on the “Influential Only” tab. This will show you a list of Twitter users that have 1) shared the article 2) have a sizable audience (i.e. enough money to pay you for a service).

Now, you need to e-mail each person on this list with this e-mail.

Adarsh,

I’ve been following you since last March when I saw you share Noah Kagan’s article on how to spend your first $100 on a retargeting campaign.

I love that article.

In fact, I started offering the exact process he laid out in that post as a service.

Trippeo is a really cool app and I’ve put together (based on Noah’s article) three different retargeting scenarios for Trippeo.

Here is a link to the full campaign and some projected results: [link to Google doc]

Would love to help you guys implement some of Noah’s awesome strategies.

-Bryan

If you offer this to all 5 people on the Topsy list, 1 person will buy.

Charge $1,000 for your service.

Need more service ideas?

My challenge to you.

Try this 5 times.

Don’t get married to one idea. Don’t look for a silver bullet. Don’t try to make a $1,000,000. Just make $1,000.

I’ve put together a list of 50 articles that are prime candidates to be turned into service businesses. You can download that for free in the Videofruit bonus section.

The post How to make $1,000 in the next 14 days without an idea appeared first on PrintingMoney.com.

They continually self-educate, they avoid nostalgia, and they tend to embrace selfishness. Not surprisingly, they also have different opinions when it comes to parenting.

That’s according to self-made millionaire Steve Siebold, who interviewed over 1,200 of the world’s wealthiest people and compiled his research into “How Rich People Think.”

While average people teach their kids to survive, he finds, rich people teach their kids to be rich.

“The average family unconsciously passes down the same limiting beliefs they were taught about money from generation to generation,” Siebold writes. “These are the beliefs that have kept families at the same level of financial success for dozens, if not hundreds of years.”

Rich people, on the other hand, not only teach their kids smart money habits, but they teach them that it’s OK to want to be rich and that wealth is possible for anyone who thinks big enough.

“While the masses are content to play it safe, seek comfort and avoid pain, the great ones are living large and teaching their kids to do the same,” the self-made millionaire writes on The Huffington Post. “To them, life is a game to be played boldly and fearlessly, and they always set the example for the little ones who watch their every move.”

Of course, the way in which the wealthy teach their kids about money is crucial, Siebold emphasises: “They educate their kids on how to make money by solving problems and enhancing the quality of other people’s lives. This way the child learns to see money as a positive, productive force for good instead of a weapon of the few to use against the many.” They start to see money as their friend, while the average person sees money as an enemy.

While many people have argued that he’s supporting the idea of elitism, he disagrees.

Rich people teach their kids to be rich.

“[People] say parents are teaching their kids to look down on the masses because they’re poor. This isn’t true,” he writes. “What they’re teaching their kids is to see the world through the eyes of objective reality — the way society really is.”

The post A self-made millionaire who studied 1,200 wealthy people found they teach their kids something the rest of us don’t appeared first on PrintingMoney.com.

1. Soak up the beautiful views while kayaking on Sydney Harbour. A double kayak comes in at just $40 for the hour at Rose Bay Aquatic Hire.

2. Take a step back in time by discovering the grisly relics of Goat Island’s convict past.

3. Indulge in an elegant high tea for two at Vaucluse House Tearooms. For $45 per head you’ll receive a wonderful selection of sweet and savoury treats, tea and sparkling wine.

4. Take a walk along the spectacular Bondi to Bronte coastline—it’s free!

5. Join a Ghost Tour of The Rocks—beware true stories of murder, hangings and hauntings await.

6. Explore the workplace and home of renowned Australian artist Brett Whiteley in Surry Hills.

7. Hire bikes at Centennial Park—just $20 for the hour.

8. Lap up the beautiful views at Andrew (Boy) Charlton Pool, just $6 entry per adult.

9. Enjoy a relaxing, budget-friendly afternoon in the sun at Concord Bowling Club. Barefoot bowls cost $10 per head with bowling green access for 4 hours!

10. Surf lovers head out to the Royal National Park’s Garie Beach, famed for its isolation and swells. Vehicle entry to the park is just $11.

11. Campbelltown’s Dumaresq Street Cinemas offers $6 adult tickets—all day, every day!

12. Take a dance class at the Sydney Dance Company’s Walsh Bay studios. There are 60 casual dance classes offered per week and come in at just $20 per visit.

13. Voted Sydney’s #1 fish and chip shop, snap up a box of Fishmonger’s deep-fried goodness and enjoy your meal seaside.

14. Kick off for $5 afternoon drinks at one of Sydney’s best bars, Pailings Kitchen & Bar—Monday to Friday 5pm-7pm.

15. Release your inner child and get an unlimited rides pass at Luna Park—$49.95 for the day!

16. Check out what’s on at Chippendale’s White Rabbit Gallery, it’s free.

17. Slap on your sneaks and head out along the Manly to Spit Bridge scenic walk.

18. Refresh your workout routine and head to Barefoot Yoga, Sydney’s first donation-based yoga studio.

19. From clay to cryptic crosswords, head to Laneway Learning at Cowbell 808 for fun, cheap classes in anything and everything—just $12 per class.

20. Test your balance at Stand Up Paddle Boarding with the Manly Kayak Centre. A $20 note will get you one hour of paddle boarding fun, or $35 for two.

21. Pack a picnic and head to the Royal Botanic Gardens.

22. Take a trek along the coastal route from Barrenjoey Headland at Palm Beach to Narrabeen Lakes on Sydney’s Northern Beaches—breathtaking!

23. Coffee enthusiasts, head to Mecca Espresso’s weekly free coffee tastings at their Ultimo and Circular Quay stores.

24.  Head down memory lane at Rozelle Markets, where you’ll find everything from bric-a-brac, to vintage clothing and furniture. Every Saturday and Sunday 9am-4pm.

25. One for you thrifty foodies—enjoy 50c wings every Wednesday night at Beach Road Hotel. Head upstairs for some free live tunes.

26. Get fit at Climb Fit, Sydney’s largest indoor climbing and gymnasium facility—$26 entry includes shoes and harness.

27. Sydney Olympic Park offers over 35kms of cycleways and rolling green parklands. Bring your own wheels or hire them in the park.

28. Start your Saturday with scrumptious chai and some of Sydney’s best corn fritters at Bondi Farmers’ Markets.

29. Enjoy free summer movies in the courtyard at The Beresford Hotel—every Monday from 7:30pm.

30. Check out what’s on at the Australian Centre For Photography in Paddington.

31. $4 bánh mì—yes please! Get your fix at Marrickville Pork Roll.
(Address : 236A Illawarra Road, Sydney NSW 2204; Phone: 0420 966 368)

32. Grab breakfast at The Boathouse Palm Beach—spectacular views and mouthwatering fare.

33. One for the girls—lunch the afternoon away at The Winery’s Girls Picnic every Saturday and Sunday. Just $45 a head, lunch includes a delectable mix of culinary treats.

34. Take a Vietnamese food safari to Cabramatta. Head here for our top picks.

35. Catch the best of independent and world cinema at the Chauvel Cinema in Paddington. Adult tickets $18.50.

36. Hunt out the best charcoal chicken in Sydney. Visit El Jannah at their Granville, Punchbowl or Blacktown locations.

37. Take a dip at the newly launched Prince Alfred Park Pool—adults $5.70.

38. Get your skates on at Sydney’s last indoor roller rink. Penrith Skatel offers Saturday and Sunday morning sessions for a mere $8 a head.

39. Roll into the weekend with the Friday night Disco Party On Ice at Macquarie Ice Rink. Fridays & Saturdays 7pm-9pm.

40. Spend $20 per head at Mizuya Japanese restaurant on George Street, and receive two hours of free karaoke—yes!

41. Discover the wondrous history of Rose Seidler House. Open Sundays 11am-4pm; $8 entry.

42. Snap up a delicious seafood lunch at the Sydney Fish Markets.

43. Hang out in the trees at TreeTop Adventure Park—adults $45.

44. Catch a live gig at Oxford Art Factory. Upcoming artists include Youth Lagoon and Mikhael Paskalev.

45. Grab a group of friends and head to Aqua Golf at Panthers—just $7 per bucket.

46. A fan of dim sum? Ho’s Dim Sim Kitchen is sure to curb your yum cha cravings. Their BBQ pork buns are a knockout!

47. Taste the culinary delights of regional NSW at Parramatta Farmers’ Market—every Friday 7:30am-2pm.

48. Hop aboard the Crime & Passion tour of Kings Cross, where you’ll be taken behind the scenes of Australia’s most notorious neighbourhood.

49.  Enjoy refreshing summer cocktails at one of the best bars in Sydney, Cockatoo Island bar.

50. Indulge in a delicious Turkish banquet—$40 per person at Erciyes Restaurant Cleveland Street.

– See more at: http://www.theurbanlist.com/sydney/a-list/50-things-do-sydney-under-50#sthash.LjxqdT77.dpuf

The post 50 Things To Do In Sydney Under $50 appeared first on PrintingMoney.com.

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The post Free WordPress Installation Service – Start Your Blog Today appeared first on PrintingMoney.com.