Greg Billings

If you don’t follow Seth Godin, author, writer, and speaker, you might want to.

His blog posts most often are short and to the point,

The title of his last one caught my attention . . .

The Toddler Strategy

It’s hardly productive to ruin your day and your work trying to teach these folks [your critics who bring you down] a lesson.

Better, I think, to treat them like a toddler. Buy them a lollipop, smile and walk away.

The motto I follow as I build my business is similar to what he wrote.

I only work with people who I enjoy being with and who share a common goal.

Otherwise, here’s a lollipop!

Click through to read what he wrote (short read).

Tax advantages are one of the biggest positives of having your own home-based business.

As an employee, you could well be overpaying your taxes.

You can keep more of what you earn as a home-based business owner simply by following some simple steps and guidelines.

I signed up for a free webinar sponsored by Networking Times to hear former IRS Trainer, CPA, tax attorney, and Best Selling Author Sandy Botkin explain how you can give yourself that raise by keeping more of what you earn!

You will learn:

• How to get your gas for free
• How to legally deduct your kids video games and ballet lessons
• How to write off more of your meals and entertainment
• How claiming a home office can turbocharge your retirement
• How technology has made it easy to become a tax savvy business owner

I have followed Sandy for years. Using the information he provides in his products, I structured a trip to the Caribbean, conducting business and deducting part of my expenses!

The tips were easy to follow.  A productive business trip . . . and sand under my feet, looking at the Caribbean water!

Learn how to pay the least amount of taxes possible next year by doing a few simple things today.

Sandy has been training small business owners on tax strategies for over 30 years.

It’s well worth your time to sit in on this webinar!

Click here to register to learn how you can keep more of what your earn with your own home-based business!

Multiple streams of income in your home-based business?

Or not?

A question that is asked . . . and debated within the home-based business community.

Industry Leader Diane Hochman recently offered her thoughts on multiple streams of income.

She makes an interesting comparison between a home-based business . . . and a brick and mortar like Target, Walmart, etc.

She suggests 1) thinking about your market and 2) thinking about the products for that market.

Click here for Diane’s thoughts on multiple streams of income . . . and what comes after you analyze your target market.

I’m a big fan of Robert Kiyosaki.

You probably know he’s the best selling author of Rich Dad, Poor Dad.

I like his book Cash Flow Quadrant the best.

Click here to see a previous post on his cash flow concept.

Whether you are a Robert Kiyosaki follower . . .

Or you are checking him out for the first time, you will want to watch this interview that Oprah did with Kiyosaki.

It’s a good 15 minute watch.

Then get the book, Cash Flow Quadrant!

Click here for the Oprah Interview with Robert Kiyosaki.

Well known author Seth Godin had a recent posting on “the impossibility of amazing.”

He started out with the following all true statement:

If you set your bar at “amazing,” it’s awfully difficult to start.

Too often, he says, “no path” is the easiest path between what you’ve created and your vision of “the perfect.”

His solution: “Follow somebody else and wait for instructions.”

Check out his blog by clicking here–and signup for his email newsletter.

I’m on a number of email lists.   One that provides some helpful business tips from time to time is Tom ‘Big Al’ Schreiter from Fortune Network Publishing.

Here’s what he had to say about folks who briefly consider options for financial success.

So your prospect has a depressing, dream-sucking job, and then sees your opportunity.  Isn’t is strange that your prospect then makes a decision to give up all hope for  his life and resign himself to a lifetime of labor at a job he hates?

Tom ‘Big Al’ Schreiter
http://www.fortunenow.com

Just something to think about.

On the treadmill this morning, I was listening to Robert Kiyosaki and a recording he did on the “The Business of the 21st Century.”

If you have been educating yourself on creating financial independence, chances are pretty good that you have read one of his books. His first was “Rich Dad, Poor Dad.”

In it, he describes the financial education he received from his “poor dad” and contrasted that to the financial education he received from his “rich dad.” His father, his “poor dad”, taught him the path to wealth and independence was to go to work for a good company, enjoy job security, and retire in 30-40 years with your gold watch!

Contrast that to the education he received from his “rich dad”.  He was the father of one of his friends and taught Kiyosaki how to secure assets and then make his money and his assets work for him.

His second book, “CASHFLOW Quadrant” is the book I recommend that you read.  In it he covers the concepts found in “Rich Dad, Poor Dad”.  But, he goes into detail on the “CASHFLOW Quadrant”,  a very important concept to learn how to build financial independence.

On the left side of the quadrant, you can see where 95 percent of the population earns their income.   They are employees who trade “hours for dollars” and the “solos”.   The key characteristic of their status is very simple.  Like the employee, if they don’t work, they don’t get paid.  A self-employed lawyer might have a very profitable practice.  But, if she takes a Friday off and doesn’t bill clients, she isn’t getting paid.

Likewise for the small business owner.  If he doesn’t open his restaurant on a Monday holiday, he doesn’t get paid, because he isn’t serving meals.

Note that while the bulk of people find themselves on this side of Kiyosaki’s CASHFLOW Quadrant, the bulk of the income actually is on the other side of the quadrant.

Five percent of the population are either business owners where their businesses are working for them rather than the other way around.

Or, their investments are working for them, such as real estate and other reoccurring investments.

Note where 95 percent of the income is found.  Yes, indeed, on this side of the CASHFLOW Quadrant.

So, how do you get from the left side of the CASHFLOW Quadrant to the right?

Well, there are ways to get there.  And you don’t need a six figure investment.

Stay tuned.  I’ll be writing more on this over the next few weeks.