Archive

Posts Tagged ‘Training’

Specializing to Maximize your Income

February 12th, 2009

In my real estate business, I predominantly work with investors as I specialize in valuating investment potential of real property. Sure, I can sell a house to a friend or neighbor, and I am very proficient at negotiating contracts on behalf of buyers and sellers, but my primary specialty is in income producing properties. I deal with investors all over the country although my primary market is in the three coastal counties of Mississippi. Investors seek me out and request my guidance because I specialize and I KNOW my market inside and out.

A few years ago, I started doing a little work with residential owners who wanted to get loans to rehab properties as primary residences. There is a specific loan program called the FHA 203k loan. When I called one of the normal lenders I do business with, he recommended another lender who SPECIALIZED in the 203k program. I now do business with this lender all the time because she specialized in this particular program and no one is better at it in our market.

Now, if we put all the real estate references aside, what does this mean to you?
Many of us, especially in the Internet Marketing arena, tend to bonce around from project to project but never really get anywhere on any of them. One week you may be working on setting up a new article directory and the next week you are working on a “how to make money online” site – and the article directory never even got fully set up!

When you start a project, you have to finish it, and you have to become an expert at something in order to really succeed. Look at all your major players in the game – they make money off the same things, or the same “type” of thing over and over because they have become an expert in that field, or have specialized in that field and created a niche which they sell to over and over again. That “niche” is generally YOU. They make all their money selling you the same thing over and over. Sure, it may be the Latest and Greatest, but 9 times out of 10 it is the same rehashed garbage they sold 5 years ago and packaged a different name on it.

Am I telling you to go out and recreate the same things and start trying to sell it? Absolutely not. What I am saying is that you need to carve out a niche for yourself, stick to it, and become the expert on it. People will always seek out the best, the most knowledgeable, and typically will pay more for their information.

Create your Niche and Stick with it!

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Why you should NOT listen to your friends

January 27th, 2009

I have been successfully making money online for over 10 years and I have successfully made over 6 figures a year for the past 5 so it has been a long time since I have had someone tell me that my ideas won’t work or that a program is doomed for failure, but I try to remember what it was like when people told me that, because when I started out I got A LOT of the naysayers telling me what I was doing would not work and that it was impossible to make money online.

We live in a negative environment and it seems that our friends and family tend to look on the downside of what could happen instead of looking at the positive of what will happen with work and dedication. The main reason people fail is not because they had a bad idea or couldn’t do it. They failed because they finally gave into the B.S. that their friends and family fed them. After hearing it day in and out, you lose spirit – you quit, you fail.

Napoleon Hill, in ‘Think and Grow Rich’ wrote that “Failure is a trickster with a keen sense of irony and cunning. It takes great delight in tripping one when success is almost within reach” and this hits the spot right on the head in most cases. Many times, when you listen to others, you can actually create failure by not trying anymore. If you had worked at it one more week, put in the extra couple of hours – you would have taken one more step towards success.Ā  Often times we give up on ourselves just a little too early and it is those that persevere through that who will be the most successful.

The next time you have someone tell you that it “won’t work” or that you “can’t do it”, take it from someone who has been there and persevered through it. If you think you can – you can, if not, then….

It is your life. You make your decisions. Do not believe others when they tell you otherwise.

Things to Ponder:

You wouldn’t buy a house from a RealtorĀ® who gave you their card at the drive-thru at McDonalds!
You would not take advice on stocks from your mechanic!
You wouldn’t take legal advice from your waitress at the Mexican restaurant down the road.
You shouldn’t take advice from broke people!

One last thought. I am making the kind of money online that you want to make. I believe in you and KNOW you can do it too if you PERSEVERE! The next time someone you know says it “can’t” be done or that you won’t be able to do it – ask them if you can see their latest check from their online activities.

Why should you listen to me?

Plain and simple – I know the game. I have played it. (Been there, done that, and the t-shirt was stolen).
I am not trying to sell you anything – take it for what it is – good advice!

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