Have a Voice on the Internet – Earning Money by Posting on Bitcointalk.
* This article was originally published here
Wednesday, June 30, 2021
Tuesday, June 29, 2021
Enjoying The Empty Nest
This podcast is brought to you with the help of Seven Investment Management, who specialise in multi-asset investing, something I talk about a lot, and which I think should form the core of most people’s investments. 7IM have been helping me out here on MeaningfulMoney for ages, and I'm very grateful.
You can see what they’re up to at 7im.co.uk
The post Enjoying The Empty Nest appeared first on Meaningful Money – Making sense of Money with Pete Matthew | Financial FAQ.
* This article was originally published here
Monday, June 28, 2021
Own Your Own Expertise
Stop suffering from imposter syndrome! Get out there, own your style and live your life!
Read on, my friend, because today I’ll teach you how to overcome imposter syndrome and own your expertise. You’ll also learn how to apply your knowledge inside your business so you can make more money.
The problem that many of you are having is that you are getting caught up in thinking that you are not enough and you’re not doing enough. We, women, tend to struggle with imposter syndrome and perfectionism. It would help if you learned how to package up and sell yourself. Own your expertise and know that there are skills and processes to keep on improving. Then, you can move forward and make a difference in your company, even though you still have changes to make.
Own Your Expertise to Make Money
If you do not own your expertise, you let your imposter syndrome get in the way; so your bank account suffers, but there’s also something else that happens when you do not own your expertise – you’re depriving those who need your help. That was a huge lesson for me over the weekend when my team and I attended a Grant Cardone workshop.
Owning your expertise isn’t easy because we constantly remind ourselves and get back into that space. So start with making a plan! We’re going to go bigger. We’re going to serve more people. Here’s how we’re going to do that. And when you start thinking about options and opportunities, that imposter syndrome starts to subside, and then you can make more money. We’re going to have more clients, attract the right people, and create the right connections.
I would not be able to change the whole trajectory of my business if I didn’t have a serendipitous moment this past weekend at the Grant Cardone workshop. I got out of my fucking way and owned how good I am and how much I deserve to be in that room, in that space.
Play Big in Your Business with Your Expertise
I’m super excited when I see clients play big because they can serve more people. When you feel like an imposter, you play small. When I’m not motivated to do things, I know there’s some imposter syndrome going on. We need to overcome imposter syndrome to get ahead because it impacts everything we do daily.
Invest in Yourself to Overcome Imposter Syndrome
I have probably thrown down more money for mentorship in the last 24 months than the rest of my entire life. The caveat is I’m not signing up for fucking everything. I know exactly what I need help with within my business, and in this case, it’s the mindset, team development, and scaling.
Make sure to look at the skillset you lack, the very particular bottleneck, and sign up for focused coaching that will move you past your business bottleneck. Look for opportunities for implementation, not just more knowledge, and avoid signing up for every course that sounds good – you don’t want to waste your time attending workshops that won’t move you ahead in your company. A lot of knowledge and no implementation will leave you running on a work treadmill.
Everyone has Expertise in One Field
When you’re an expert in a vertical, you know which principles work. So you need to be reliant on these certain principles working for you, and you need to trust yourself, trust the evidence, the results.
Expertise in Business Does Not Require Big Egos
When it comes to business and sales, are there people who are egotistical in business and sales?
Yes, of course. They’re egotistical people everywhere. However, if you are a good salesperson, then you understand it’s not about ego. Your job should focus on selfless service. The minute your ego gets involved, you’re going to fuck up the sale. It’s not about you, about being right. Show up and be of service because when you’re coming from a space of serving others, you feel creative and energized – like you’re doing something extraordinary.
The Importance of Testing Your Ideas in the Marketplace
Test your ideas out in the marketplace and get clarity from your market about their problems and how you solve them to avoid creating a product or online course that fails. It’s not that you’re wrong in your idea. If it doesn’t sell, you have to ask your market. You’re teaching them to solve their problems.
That’s why in Persuade to profit, the first thing we start with is a market research phase. We’re getting down to what’s your fucking problem? How long have you had the problem?
Why haven’t you done anything to fix the problem? What do you think would solve that? We’re getting in there to see how your expertise and what you’re good at consulting somebody else’s problems. From this point, you can start sales conversations because you understand how to handle their problem.
Using Your Expertise to Solve Problems
You want to know your potential clients better than they know themselves. Then you’ll learn how your expertise and skillset can solve their problems.
When you know what you’re good at and put your superpowers out in the marketplace, you feel comfortable. When you are comfortable with what you do and how you serve, it’s easier to go out and start doing the media
Accelerate Your Authority and Expertise through Media Opportunities
Accelerate your authority by getting in the room with some heavy hitters, so they can hear what it is you have to say. On a practical level, this builds your authority as you’re building your business – making sales easier because people will recognize you when you work the media with podcast interviews and align yourself with other heavy hitters.
Once you have more clarity about what you’re doing, learn what you need to know to move your company forward. Be focused and choose to learn sales skills, filling your pipeline. Make sure you’re talking to people about your offerings.
Resources that are mentioned or add value to this episode:
- Free Facebook Group: High Ticket Sales For Women Coaches and Course Creators
- Persuade To Profit
- Make Money Your Honey Book
- Check out my Live Training Online Here!
- Subscribe to my YouTube Channel to get the latest videos
- I recommend the book Overcoming Under Earning by Barbara Stanny
The post Own Your Own Expertise appeared first on Amanda Abella | Make Money Your Honey.
* This article was originally published here
Sunday, June 27, 2021
Behind Bennett's Payoneer payday, a firm that profited off smut and alleged cons
... he invested in over a decade ago that has, among other things, helped companies operating in the seedy underbelly of the internet make money.
* This article was originally published here
* This article was originally published here
Saturday, June 26, 2021
Play Online Games In Thailand: Make Real Money & Enjoy
It has become common to make money by betting on various online casinos through which you can join multiple online casinos through internet ...
* This article was originally published here
* This article was originally published here
Friday, June 25, 2021
Eliminate Money Worries
As you enter retirement, you want to set yourself to eliminate as much of the day-to-day worry and bother about money as you can. Ideally, you want to set things up so that you spend as little time thinking about the practical application of your finances as possible.
The best example I have ever seen of this is a client who came to me just a couple of years ago. She had been referred to me by another adviser who was now retired.
The client is a lady in her mid-70s and she keeps – I kid you not – a quarter of a million quid in her instant access savings account, getting next no interest. I know what you’re thinking – this makes no financial sense whatsoever! Even if she put £50k of it in Premium Bonds, she’d likely do better than that.
When I first met her, I tried to start talking about alternatives but she didn’t give me a chance. She looked me right in the eyes and said ‘That is my sleep-at-night money. It never leaves that account.’ Now, I was being asked to advise on the investment of the other half of her life savings, the £250k or so that was invested with the help of the now-retired adviser.
My client said to me that she was happy to have the invested portion put to work, because she knew that the money in the bank was all she would need for the rest of her life. For her, the peace of mind brought by having such a crazy amount of money in the bank, meant she didn’t give the invested portion a moment’s thought!
That’s a good lesson, if a bit of an extreme one! How can you set things up so that you don’t think much about your finances day-to-day? I still don’t recommend quite that much money in the bank though!
Retirement is a Long Time
When planning for retirement, we’re hopefully talking about planning for a long time. 30 years ideally, if not longer. It’s important to retain that context when planning, and particularly in the early stages.
I have one client couple who have just retired and now their pensions and investments have been hit by the market falls triggered by coronavirus. We jumped on a planning call and they’re going to be fine. They have set things up well, with lower risk investments for their nearer-term money and more adventurous investment for money they won’t be touching for ages.
Another client couple have been dithering about investing for ages. They retired back to the UK in their mid-70s and are now in their early 80s. They had a lump sum from a source I can’t remember, and I came up with a plan for investing it six years ago, but so far, they have only put in about a quarter of what they were planning to.
For ages they were worried that the market was too high and was due a correction. They were right about that, but now the market has corrected, they’re worried about investing. They’re both hale and hearty and they don’t need the money to hand. They should have invested six years ago – they would still have been in profit even after the recent falls.
Retirement is a long time, and will generally give your money time to recover from any market falls. Try not to think short-term when it comes to your money. You might be in the last phase of your life, but all being well, it’ll still be a multi-decade phase – you should invest accordingly.
The post Eliminate Money Worries appeared first on Meaningful Money – Making sense of Money with Pete Matthew | Financial FAQ.
* This article was originally published here
Thursday, June 24, 2021
You must know this BEFORE you retire!
I’ve spent more than 20 years advising clients on their retirement planning. When I take on a client for the first time, there are a bunch of things we have to do – compliance tasks, contractual stuff and a load of information-gathering.
It’s at this point where the process sometimes falters before it begins, because many people have no real grasp on one VITAL aspect of their finances.
What is that?
Their SPENDING….
Resources
Register your interest for Meaningful Academy – Retirement Planning
Retirement Spending Tracker – Cheetsheet to help you with planning your spending in retirement.
This video is brought to you with the help of Seven Investment Management, who specialise in multi-asset investing, something I talk about a lot, and which I think should form the core of most people’s investments. 7IM have been helping me out here on MeaningfulMoney for ages, and I'm very grateful.
You can see what they’re up to at 7im.co.uk
The post You must know this BEFORE you retire! appeared first on Meaningful Money – Making sense of Money with Pete Matthew | Financial FAQ.
* This article was originally published here
Wednesday, June 23, 2021
Why Is This Happening? Educating the internet with Natalie Wynn: podcast and transcript
You might think that nothing good happens on the internet anymore. ... There's no one on the internet quite like Natalie Wynn, and she joins to tell us ... Traditionally, the way YouTubers make money is through ad revenue, and that ...
* This article was originally published here
* This article was originally published here
Tuesday, June 22, 2021
Brave has launched its own privacy-focused search alternative to Google
The company, which makes the eponymous privacy-centric web browser, has now launched its ... Business model — Brave Search doesn't feature any ads, and the company hasn't indicated how it will make money from the product.
* This article was originally published here
* This article was originally published here
Monday, June 21, 2021
Best Online Casino Games To Earn Real Money – Blackjack – Slots – Roulette And More!
Congratulations—the Internet is jam-packed with top-notch real money online ... And more importantly, casinos make money from these games.
* This article was originally published here
* This article was originally published here
Sunday, June 20, 2021
Simplifying Pensions
This podcast is brought to you with the help of Seven Investment Management, who specialise in multi-asset investing, something I talk about a lot, and which I think should form the core of most people’s investments. 7IM have been helping me out here on MeaningfulMoney for ages, and I'm very grateful.
You can see what they’re up to at 7im.co.uk
The post Simplifying Pensions appeared first on Meaningful Money – Making sense of Money with Pete Matthew | Financial FAQ.
* This article was originally published here
Saturday, June 19, 2021
Retirement is Different to Working
One of the most pivotal lessons in my career came from not understanding the difference between working and retirement. My client had a very successful business which he had built over many decades. He sold it in his late 50s and retired well, multiple seven figures in the bank.
I had inherited this client from a retired colleague and treated him as if he was a new client, going through all the right procedures and asking him to complete the risk questionnaire so we could position his investments correctly. He had been invested before, but never large amounts – his business had been his largest asset and now that was turned into cash.
Now this guy was an entrepreneur, and at the time, I equated that with risk-taking. Also, his answers to the risk questionnaire seemed to bear this out – he came out balanced to moderately adventurous, call it a 6-7 out of 10.
And so, we invested £1million of his multi-million pay-out from the business sale. It was an immaculately constructed portfolio, inside the right tax wrapper for his circumstances. This was early 2007. Then the Great Financial Crisis hit and he watched the value of his portfolio fall.
Not a great deal at first, and the value never declined more than 12% from the amount he invested. But by the autumn of 2008, he was on the phone for an hour every day, seeking constant reassurance, which I attempted to give him.
In the end he cracked and sold out of his investment placing the money in to cash, some of which went it one of the Icelandic banks. Which eventually failed, taking his money with it.
Now in the end he got it all back, but the lesson I learned was that the man who had built a business certainly wasn’t a risk-taker. For him, who had always been in control of the business he had built, to suddenly not having any control over the direction of markets, was too much.
I learned how to be much better at talking about risk with clients I build portfolios for, and much better at talking clients through the potential implications of their decisions. For you, you need to understand the implications of any decisions you make at retirement, and particularly investment decisions.
Also, you need to understand the difference between working and retiring. Suddenly, you’re retired, you’re not earning any more or building wealth – you’re spending it. If you’re doing your job right, you should be reducing the value of your investments by means of spending and enjoying it. That does require a completely different viewpoint from a wealth-building mentally.
The post Retirement is Different to Working appeared first on Meaningful Money – Making sense of Money with Pete Matthew | Financial FAQ.
* This article was originally published here
Friday, June 18, 2021
How Pensions Work At Retirement
Today I want to clarify what happens to pensions at retirement because it’s an area that is often misunderstood.
Resources
Register your interest for Meaningful Academy – Retirement Planning
This video is brought to you with the help of Seven Investment Management, who specialise in multi-asset investing, something I talk about a lot, and which I think should form the core of most people’s investments. 7IM have been helping me out here on MeaningfulMoney for ages, and I'm very grateful.
You can see what they’re up to at 7im.co.uk
The post How Pensions Work At Retirement appeared first on Meaningful Money – Making sense of Money with Pete Matthew | Financial FAQ.
* This article was originally published here
Thursday, June 17, 2021
The Top Ways Of Earning Money Online Quickly
The internet is inundated with websites and videos telling you how to make money online quickly. For the most part, these are lies and are trying to get ...
* This article was originally published here
* This article was originally published here
Wednesday, June 16, 2021
Creating a Better Business Mindset with Belinda Rosenblum
I recently had a chat with Belinda Rosenblum about the relationship between marketing, sales training, and having liquid cash in your business.
How Belinda Started in Personal Finance
Belinda started in personal finance with a TV show and radio show, which launched on the day of the federal bailout back in 2008. She was on the five o’clock news in Boston for the better part of 12 years. “What I found was that I was getting to the point where I was getting really tired of telling people to go make more money. I’m like, okay, if this is what you want to make happen in your life, how do we go make more money?”
She decided to move toward entrepreneurship as this was how to control the amount of money Belinda would be making. She found she could easily talk to other entrepreneurs about their unlimited potential to make money. One of her clients, a video producer, went from $190,000 to $2.2 million in three years under Belinda’s program.
Finding Her Calling to Personal Finance
There are so many business coaches teaching you how to make more money, which is needed. We need help to figure out how to sell better, especially as women. The part clients get stuck on is managing and keeping more of the money that they are making.
“I just felt like there was such a need to help women entrepreneurs, particularly those with an online business. I could easily scale and help raise rates and create more profit to help you take control of the cash flow.”
So many women end up creating this job with much frustration, and they almost feel trapped in this business that they created for freedom. However, they end up not paying themselves and feeling resentful towards their business.
The Messy Middle of Business
Belinda says, “Acknowledging that there’s this messy middle and then saying what is going to help me get out of it? What’s going to help me fill up that business revenue, that business profit bucket?” Although Belinda didn’t make a profit last year, she admits that she was in the awkward, messy middle stage.
Upgrading Your Mindset’s Mental Clarity
Cash confusion where it just feels like you’re overthinking your plan. This stage feels very disorganized and reactionary. To calm the chaos, you can focus on your mental clarity in three key areas: emotional clarity, tactical clarity, and strategic clarity.
Upgrade your beliefs and your money story and start changing your identity to be your business owner. Now you can learn tactics such as a money system tracking revenue expenses. Upleveling requires a strategic side, particularly in thinking about the creation of consistent income each month.
Revolutionize how you look at your business and how you collect money for your business. And this works for everything. You know, coaches are a great example, but I mean, I remember coaching my massage therapy.
Take a step back and look at your business and ask yourself, “How can you work together for three or six months to achieve an outcome?” Now people are buying the outcome and results. You’re not forced into bank balance decision-making and bank-bound stress based on when you happen to have money in your bank or not.
Paying Yourself Shouldn’t be an Afterthought
Belinda is a firm believer in paying yourself first, “I don’t want you paying yourself to be an afterthought. I want you to reverse engineer your paycheck with what I call top down and a bottom up approach. “One hand needs to think about how much we want to pay ourselves and the other hand, how much we need to set aside for taxes.
Make sure you have a tax accountant to put money aside every month to cover your taxes at the end of the year. The key is that you want to have revenue. Money in the door, and fewer expenses, which is money out the door from your business equals accounting, profit. Then we allocate that profit to different places.
Belinda wants to see your business have consistent revenue, so you pay yourself, your business expenses and estimate taxes every month in and out. This is the point to launch promotions with your reserve income. Fund your additional investments, knowing that the baseline income is paying the expenses and yourself.
Remove the Mindset that Money is Bad
“Money isn’t inherently bad. We make it bad. We equate money to negative things. But money actually is a tool which helps us fund the things that we want.” The more money that we’re bringing in, the more people we can help.
They’re paying us for what they value. The more that people are paying you, the more value they’re getting. When you create more value, you’re creating in the world.
If you’re not doing well if there’s a month or two, like look ahead and ask yourself, ‘What am I going to do to make it better? How can I create a vision? How can I create a revenue plan and profit plan to correct the situation?’
Access Credit to Grow Your Business
It’s important to use debt as a business owner, particularly when you’re trying to jump to the next stage, where sometimes the only capital you have access to is credit. Getting into debt isn’t bad as long as you have a game plan to create more wealth with your debt.
Return on investment is the key to going into debt consciously. I think the biggest challenge is when we’re not close enough to our numbers and we’re not intentionally paying off our business credit cards each month. That’s where I think it can get us into trouble where your debt slowly builds. Make sure to have a bookkeeper or accountant who understands your business and can set it up for you. This way, you’ll have a grasp of where your money is going.
Transforming an Employee Mindset to a CEO Mindset
Put less pressure on every purchase and decision because we never know how it will work out. One of the most significant shifts that we need is to go from an employee mindset to that CEO mindset. With less pressure, we will realize that this is all an experiment, and we have to get comfortable with uncertainty and taking risks.
It’s like a big mind-fuck ever better. It throws you for a loop because you no longer get money magically deposited into your account every Friday. Now you need to ask for every dollar, you have a lot more pressure on making money, and no one prepares you for any of that.
We want to normalize money, so we don’t have to add all this meaning and feel terrible about the subject. Think of money as a tool to make more money. This way, you can do more with it.
Everything gets easier because you’ll be able to pay yourself, set aside money for taxes and feel secure with what’s happening in your business and remove yourself from this emotional roller coaster.
Resources that are mentioned or add value to this episode:
- Get Melinda’s free ebook “5 Easy Ways to Get More Bank in Your Online Business”
- Free Facebook Group: High Ticket Sales For Women Coaches and Course Creators
- Persuade To Profit
- Make Money Your Honey Book
- Check out my Live Training Online Here!
- Subscribe to my YouTube Channel to get the latest videos
The post Creating a Better Business Mindset with Belinda Rosenblum appeared first on Amanda Abella | Make Money Your Honey.
* This article was originally published here
Tuesday, June 15, 2021
Subscribe to:
Posts (Atom)