How to Write an Internet Business Plan?

When you want to start your own Business and you will Google the web, literally thousands of so called Internet Marketers and Finance Gurus will tell you that, You will require a Great Internet Business Plan to succeed Online. Actually they want from you that, you buy some sort of eBook or a program or a readymade business plan from them in exchange of money.

Now, i am not saying you that a Business Plan is not important for any Business. I am just saying you that, for start-ups you don’t require any professionally written Business Plan. You can just take a piece of paper and write down your Spiritual Mission, Business Mission, Goals, Deadlines & everything else. This piece of paper will work as your Internet Business Plan during the start-up days of your Business.

Let me give you my Example. When I started “My Journey To Billionaire Club”, I did not have any budget to write down sophisticated Business plan. This is because I started this Business out of Scratch only. I did not have any seed capital to write a Business Plan. So What I Did? I took a piece of paper and write down my Business Plan.

Here is my First Business Plan for this Blog Business that I wrote on a piece of paper only.

# - Spiritual Mission – To provide World class level of Financial Education to people around the world and create value in their lives. To Create such an Information rich Blog that by reading just 2-3 articles of that Blog, the Financial IQ of the people won’t remain the same. But It will increase by several folds.

(Well, Yes. This was the Main Spiritual Mission of my Blogging Business. I wanted to add value in the lives of millions of people by developing a world class level of financial education blog.")

# – Business Mission – To Make Money from the Content I create by applying various Income streams mainly Google AdSense. To create world’s Largest Articles Portfolio on Money & Personal Finance.

(Of course, the Business Mission of any Business is to make profits and so was mine. There is nothing wrong in it. Your Business will be successful or failure on your Spiritual Mission and not on your Business Mission.)

# – Marketing Plan – Comments on other blogs, Articles Submission to various Directories, Facebook, Orkut and other social media marketing.

(Well Twitter was not popular in March 2008 when I started this Blog so I did not include Twitter Marketing in my very first Business Plan. But well, today it is included.)

Thus, the above was my very first Internet Business Plan on a piece of paper. And still, I have make a successful profitable Internet Business.

What I want to teach you here is that, There should be Business Plan for your Business before you start your Business. It should not necessarily a software generated or MBA written Business plan during the early days of your Business when you are alone.

A hand written Business plan simply on a piece of paper will also work. So take a Paper & Pen and write down your future Business Plan Now. This will be a great financial exercise.

How to Start Internet Business and Make Money Online?

This is the Information age and the best thing I like about the Information age is that, you can start your own Internet Business even when you are a high school going kid. Well, Yes, Unlike the Industrial age, you don’t have to wait for your thirties to start your own Business. Because to start traditional brick and mortar Businesses (Restaurants, Food Chains, Hospitals, Shopping Malls, Movie Theatres, Game Parlors, Car Wash Services, Mobile Phone Networks, Petroleum Refineries, Production Plants…etc.) out of Scratch, you will require a lots of Start-up Capital (Seed Capital).

And on the top of this Legal Permissions and Legal Formalities. All of these factors decrease the number of start-up businesses in the industrial age businesses. The Best part about the Internet Businesses is its low entry barrier. You don’t need to take any legal permissions or start-up capital to start Internet Business.

This Quick Guide will teach you step by step that how can you start your own Income producing Internet Business and enjoy the passive income it generates for the rest of your life and future generations?

Quick Guide: How to Start Internet Business? -

Step: 1 Register a Domain Name -

The first step in starting any Business (Traditional offline or Online) is that, you need to buy a Real Estate. Without Real Estate, you can’t do a Business. Suppose if you want to start your own restaurant than first of all you need to buy a Real Estate.

The same thing is true for the Internet. You will need to buy a Virtual Real Estate on the Internet if you want to start your own Business and this Virtual Real Estate is Domain Name.

Yes, Domain Names are the Virtual Real Estates of the Internet and they can be worth of Millions if they are Premium Domains. Domain Names such as Fund.com, Mortgage.com, Loan.com, Car.com & Investment.com are worth of Millions.

Now, I am not talking about buying 6 figure domain names. So Don’t worry. You can register a new Domain Name from GoDaddy.com for as little as $ 10 Per year maintenance cost. The Domain Name myjourneytobillionaireclub.com just costs me $ 10 per year.

Now let me give you few hints of buying a good domain name. A Good Domain name is one which is short, easy to speak, remember and 4-12 characters long. Say for Example, Google, Yahoo, eBay, Facebook, MySpace, Orkut…etc…

However, there is no as such rule. Myjourneytobillionaireclub.com is a very long domain name but still I managed to convert it in a Brand Name.

Step: 2 Buy a Web Hosting -

So now you have buy a real estate for your business (Domain Name). So the second step is that, where will all the data of your website/blog will be stored? Hosting is the physical location of your website in the world. However, it doesn’t matter that from where you host your web business because after all the visitors will access your website online only.

I personally prefer HostGator.com as a Web Host. However, there are thousands of web hosts on the Internet. You can choose any host.

Previously this Blog was on Blogspot/Blogger and I still continue with Blogger/Google’s Free Host. In the future, I will transfer this log on HostGator.com

Step: 3 Connecting your Domain Name with a Web Host -

Now, the third step is that, you have to connect your Domain Name with your web host. This is because if you don’t do this, the visitor on your domain name will not be able to access the data of your website.

You can do this by changing the Name servers 1 & 2 of your GoDaddy.com account. For more details, you can read their customer support guide or contact their customer support.

Step: 4 Launch your Website/Blog Template on your Host -

This is a little bit difficult part. For this, you should have technical knowledge of C-Panel. You can learn about this from the customer support guide of your host. After installing a template, you are done. Your Website/Blog is now Live.

After following the above 4 steps, Your Internet Business is successfully Launched and now you can start developing your website or a Blog and start making money.

Fixed Income is a Loser's Bet

I don’t know that why people think that the Fixed Income job is a safe and secure thing? Since my school time, my parents, teachers and everyone around me was hammering only one thing in my mind and that is Go to School, work hard and take higher education to find a safe and secure job at Government level or in some private corporation. And This is because Business & Investing is a risky thing.

Now, My Question is that, what if your Boss fires you from your Job? The main problem with Fixed Income job is that, you don’t have any control over your Income. Suppose if today someone fires me from my current job than I will loose that Income stream but I will still make money from my Business (This Blog) and other Investments I Did.

The one thing I like about Businesses & Investments is that, I have control over my Income. No matter weather it’s fluctuating or not? Now, even if you don’t loose your job because you are smart and the company in which work you needs your professional skills and expertise, Still I will call the Fixed Income a Loser’s Bet. Because ultimately you work hard at your job place to create value for the Company which will make its owners rich and not you.

Instead of that, Why not create value for yourself by creating your own Business and Investments?

I am just talking here about creating the values on which you have full control. Take the Example of Bill Gates. If Bill had chosen to work for someone else than today he would be top most paying executive at some corporation but than he would not have create Microsoft Corporation.

Bill Gates had chosen to work for himself. He spend every single hour of his life behind developing his own product – Windows (Previously DOS). When Bill was just 20 years old, he founded Microsoft Corporation and today he is world’s richest person since last 15 years in a raw (2009).

Now, the problem with fixed income is that, you are trading your valuable time in exchange of a paycheck. And the time which you invest in someone else’s Business will grow that Business forever. Just remember my words, to develop a Business, you have to work hard at once. Every single hour of mind work you do behind your own Business will work for you for the rest of your life and for your future generations and make money for you even if you stop working one day.

But The Fixed Income job is your Active Income so it will go with you the day you retire, disabled, died or fired…!!!!

So Now tell me that, Which is more Safe & Secure? Doing a Job or Owning your own Business & Investments?

I am waiting for your Response…!!!

Starting Internet Business: Things to Keep in Mind

If you are going to start your own Internet Business than that’s a great thing. According to me, everybody should own at least one Internet Business by starting it from Scratch or acquiring the already established business. This is because the valuations of the web properties appreciate much faster than the traditional offline assets.

And to the youngsters who are in school, high school or colleges, I Strongly advise you Starting Internet Business as early as possible. There are literally thousands of Niche in which you can start your own Internet Business and make fortune.

Here are the few things to keep in mind before starting Internet Business -

- If you are starting your internet business out of scratch than i advise you to first of all learn everything about MySQL, C-Panel, Domain Name Registration, Name Servers, launching a website and every other Technical Details. This is very important. I tell you this from my persona experience because when I started my own Internet Business (This Blog), I did not knew anything about these things and it was very difficult to operate in the world of Internet if you don’t know all these.

- Pay to Freelancer and get an excellent web design for your website/blog. Don’t hesitate to spend $ 100 to the freelancer. This is not the spending but the Investment in your own Business that will pay you in the future.

- Before starting Internet Business, just find out your Passion. Ask yourself that, which is the thing that you are most passionate about? Which is the thing that you will still do for the rest of your life even if you don’t get paid? Start your Internet business in that Niche and you will never fail. My Passion was to write about Money & Personal Finance and that’s why I started this Blogging Business. And today this Blog is a great success.

The Persistence is very important for any Internet Business and if you are not Passionate about your Business, you won’t be persistent.

- Invest in marketing. Invest your money behind Google AdWords, Articles Marketing, Articles Directory Submission, Social Networking marketing and everything else. This does not have immediate benefit. But it will develop the Brand Value of your Internet Business in the long term.

Thus, Starting Internet Business is this much easy. You have to find out your passion and start a Business around your Passion…!!!

You can now start your own Home Internet Business within an hour and start making money from the Internet. Well, but making money from the Internet Business is not that much easy. You will have to put the up front time investment before your Website or a Blog starts generating good amount of web traffic. You won’t start making money over night like the Internet marketers say you.

The key of Successful Home Internet Business is – PASSION & PERISTENCE

Because without passion and persistence, you can’t make fortunes on the Internet. You can do anything from your home online. Just like in the real world, you can do a job, provide professional services, doing a business or an Investment from your home via Internet.

Here are some Great Home Internet Businesses you can start to make Money.

01) Freelancing -

One commonest home internet business is that, you provide your professional skills online to the world. There are many large corporations who require the freelancer services such as writing, web designing, marketing, code writing and many more.

Elance.com, GetaFreeLancer.com are two great marketplaces for the Freelancing. You can get a work from these websites and start making money from your home anytime.

02) Start Selling Something Online -

This is another Business that you can do from your home via Internet. There are wide range of products that you can sell online. You can virtually sell anything from around 20,000+ Niches on eBay. eBay is a great market place where you can buy and sell anything.

You can also set up your own website, add a shopping cart in it and than start selling your own products from your own website. The Best thing is that, this is one time hard work only. Once your website will have a brand value, it will automatically keep selling goods online.

03) Start Selling Other People’s Stuff (Affiliate Marketing) -

If you are not a great creative person who can design his own product, It’s alright. You can sell other people’s product from your website and make money. ClickBank.com, Amazon Affiliates and Commission Junction are the few Affiliate Marketing programs on the Internet.

04) Start Writing and Make Money from your Home -

You can either start your own Blog and start posting unique and creative content on it or you can write on other popular revenue sharing websites and make money for writing from your home. Few examples are Squidoo, Hubpages, Helium, Associated Content, Triond and Suit 101.

Thus, the above are few great Home Internet Business Ideas. If you don’t like to go at your workplace everyday, you can still make money from your home by doing a Home Internet Business.

After the birth of the Internet in 1990, the new Business Opportunity created in this world and that business opportunity is the Internet Business Opportunity. Because of the Internet, more and more millionaires and billionaires born and will be born.

In the Information age, it really became easy to own a Business. All you need is a Domain Name and the Hosting and that’s it. You are now connected to the whole the world via Internet. Right now there are 1 Billion (100 Crore) Internet users worldwide and by the end of 2014, this figure will cross 3 Billion (300 Crore). Thus, If internet was a country than it was world’s largest country.

Now, What does this mean to you? Well, for me, this is a Huge Business, Investing and money making opportunity. As everybody in the world is now online so it’s really easy to sell anything to whole of the world. The target market in any Niche expanded because of the Internet.

Weather you want to sell an eBook or you want to sell a Vintage Guitar. You will find your target market on the Internet. There is a huge market for web properties buying and selling also. Many Investors all around the world invest in the profitable website businesses. They only build the portfolio of websites and blogs and keep into their portfolios for years. And after years they sell it for mid 6 figure to literally millions of dollars.

If you want to start a Business in the real world, you will require a huge start-up capital. Because Real Estate in the real world is too expensive now. But if you want to start a Business on the Internet than the Virtual Real Estate (Domain Names & Web Hosting) are very cheap right now.

You can buy a Domain Name for just $ 10 per year and web hosting for as low as $ 5 per month. So with start-up investment of less than $ 100, you can start your own Internet Business anytime and make literally millions of dollars from your Internet Business every year.

There are lots of Internet Business Opportunities. You can start your web business in almost any Niche. There are thousands of Niche in which you can start your business.

Those who have followed the principles of the Information age and made their fortunes on the Internet become very rich today while those who are still following the principles of the Industrial age – Go to School, Work Hard, Get Good grades and get a good job are still struggling financially…!!!

Investing in Vintage Guitars

Do you know that Vintage Guitars are Assets? And people invest in it? Owning a Vintage Guitar is exactly same like owning any other asset such as stocks, bonds, gold, real estate or businesses. Vintage Guitars are the hobby as well as Investment vehicles.

Some vintage guitars now command astronomical prices as non-playing investors jam the market. But while prices for the rarest models are still rising, new buyers who head into this arena may get burned.

Have you ever think that, Just How much a Guitar can be worth?

Well, a Guitar can be worth of more than the worth of your home or a portfolio of stocks.

A Vintage Guitar can start from anywhere around $ 10,000 and may end up into $ 50,000 or even more. Yes, Owning a Vintage Guitar is this much costly.

Vintage Les Paul Guitar 1961

Vintage Guitars can give you anywhere between 20%-50% per annum compounded annual return.

Now Read the following Hypothetical Story and you will realize that, How Vintage Guitars are Worth?

"A couple of the guys at the table started arguing over which would be a better investment: putting a Les Paul in a vault for 10 years, or putting the $10,000 in a T-bill account," recalls Steve Soest, one of the dealers present. "That knocked a bit of the magic out of the day."

Those arguing against the guitar's longevity would have done well to heed a song in the Stones' set that day: "Time Is On My Side." Within 10 years, sunburst Les Pauls were selling for $50,000 . . . then $60,000, and then $80,000. Now they are so coveted that plainer ones go for upwards of $150,000, while those with a pedigree or particularly dramatic flamed-maple tops have pushed past $300,000. The nine-pound guitars are worth their weight in gold, five times over.”

Now, What is the meaning of the above story? It means that Vintage Guitars have given 10 Times more return than the US Stock Markets in the last few decades. This is Crazy. No other Asset class in world appreciates this much.

Why Vintage Guitars appreciate this Much?

The reason why Vintage Guitars appreciate this much is because There were only about 1,700 sunburst Les Pauls originally made.

It means that, the Supply is constant but the Demand is constantly rising among the investors and hobbyists. This Demand-Supply mismatch drives the prices of this valuable asset to the sky high.

Guitars are now become a rare commodity. They are so much valuable that, Investors are crazy about investing in this Asset Class.

Not only this but a Guitar Case is also important. A Vintage Guitar case can cost you $ 10,000 or even more.

Mac Yasuda -

Mac Yasuda is one of the world's foremost foremost vintage-guitar collectors. He is a California based guitar dealer and a friend of the actor Steve Segal. He started off running an English language school in Kobe Japan in the 70s and eventually became one of the largest vintage guitar dealers/collectors in the US.

Mac Yasuda Collection of Vintage Guitars

Here is a story of Yasuda.

“Yasuda started singing and playing country music when he was a teenager in Kobe, Japan. When his hero Hank Snow performed there in 1967, Yasuda and his band-mates got to meet the singer backstage. "A Japanese company had just started making steel-string guitars, and we brought ours to show off. Hank was playing a beat up 1934 Martin D-28, so I asked him, 'Hey, Hank, you're such a rich and famous guy. Why won't you buy a brand new guitar like this?' He just kept laughing over that, and his band did too," he recalls.”

The above video is of 1007, Arlington Vintage Guitar Show.

The above video is of the Best Vintage Guitar in Paris. See how great the collection is?

Thus, this is everything about Investing in Vintage Guitars, I hope that this much information is useful to you.

Kindly inform me that if we are investing in postal scheme MIP, then we are getting every month interest on this. Please clarify me that this interest is my cashflow?

Recently a reader has asked me a question after reading the article – Net worth – Is it the Best measure to count the Wealth?

Well, in the article i have used the word “Passive Cashflow”. Well, Yes. the interest/income from your postal scheme, MIP is 100% your Passive Cashflow. This is because you have to work hard at once only to generate that Passive Cashflow but once you acquire this income stream, you don’t have to work hard at all. Weather you work or not? That Income stream will keep flowing into your bank accounts.

Smart people generate Passive Cashflow Income streams in their lives. Here are the Examples of Passive Income.

- Dividend Stocks
- Interest Income (Bonds, FDs, MIPs, Postal Savings)
- Portfolio Income
- Rental Income
- Royalties (Books, Movies, Music)
- Online Income (Blogs, Forums, Websites)

To Learn more about Passive Income Read the detailed article – Passive Income & How it Works?

I love to build Passive Income streams in my life. In fact, I always advise people to build the passive income streams. This is because acquiring passive income streams is the one time hard work only. Once you acquire an income stream, you can enjoy that income for the rest of your life without doing any hard work.

If you focus on developing passive income since your early life, than you will be financially free early.

Net Worth: Is it really the Best Measurement of Wealth?

We count the wealth by Net Worth Formula. Here is the formula of Net Worth.

Net Worth = Assets – Liabilities

It means that, what you own (Assets) minus what you owe (Liability). Assets include the valuation of everything you own starting from your home, stocks, bonds, gold, real estate, mutual funds, Music System, Car, DVD Collection, Furniture of your home and everything else.

And liability include your Mortgage payment, credit card bills, personal loans and every other outstanding debt.

But here is the problem with this method of measuring wealthy status. Let me give you 2 Examples of it.

Example: 1 Suppose if you own a Home worth of $ 1 Million and someday you loose your job. Than will you sell your home to put a food on your dining table? And if yes, than will it call the financial freedom or the wealthy state? Owning the Asset of $ 1 Million makes your net worth $ 1 Million and this level of wealth is considered wealthy but if you have to sell your Home if you loose a job than it’s not the wealthy state at all.

Now suppose another person living in the rental apartment and have the $ 1 Million invested in the Portfolio of Stocks And mutual fund looses his job. But he will still make a living on his investments unless he finds the next job.

Example: 2 Ok. Let’s discuss the another example. Suppose you have outstanding credit card bills of thousands of dollars and you have a nice DVD Collection worth of $ 2000 and your home furniture worth of $ 6000. Now, will you sell your nice DVD Collection and your home furniture to repay this bad credit card debt? And if yes, than will it call the financial freedom or the Wealthy Status? I think This will not called the financial freedom.

The problem with measuring the wealth with the Net Worth Measurement standard is that, this standard considers everything you own as the Assets. This standard considers your car as an Asset. And I have already told you in my previous articles that, your car is not your Asset but it’s your liability because the day you buy a new car, it will depreciate more than 60% within first 4 years.

What Should be the Ideal Measurement Standard of Wealthy State? -

Well, the ideal wealthy state measurement standard should be – The Passive Cashflow.

It’s how much Passive Cashflow your Assets generate for you will determine weather you are wealthy or not? 

Say for Example, if your Monthly Passive Cashflow is $ 5000. It means that your Assets are generating $ 5000 every month without your any effort. You may do a job. But even if you loss your job or stop working today, this cashflow will still flow into your bank accounts.

Remember, the more the Cashflow you have, the more wealthy you are. It should not have any relation with the valuations of your Asset.

Take the Example of this Blog. This Blog is my Asset. It’s an Internet Business which generates $ 100 per month steady Cashflow for me. Now, how much you pay in the stock market to acquire the income stream of $ 100 per month? We consider the Yield of Dividend paying stocks 5%. This is also higher.

Well, to generate $ 100 Cashflow from the Dividend Paying stocks each month considering the Yield of 5%, you have to Invest $ 24,000 in the stock market…..!!!!

It means that, if this Blog is giving me $ 100 monthly Cashflow than, it’s valuation should be $ 24,000…!!! But who cares? It’s the Cashflow that is important. If I need $ 2000 in emergency than Will I sell this Blog? And if yes, than Should I Call Financially Free?…..!!!!

What’s your Opinion about the Net worth measurement standard of the Wealthy Status?….

Please Comment on this Post…!!!!

Which are the Best Cashflow Assets?

When it comes to investing, Cashflow assets are the best assets to buy. This is because only capital gain assets don’t give you high level of comfort and feeling of safety. Smart Investors invest for the Cashflow while most of the average investors around this world invest for the Capital Gains. This is because there is a huge money in capital gains. Capital Gain is the game of valuations.

The Examples of Capital Gain Assets are Stocks, Open piece of Real Estate & Mutual Funds. I Personally love to invest for the Cashflow rather than Capital Gains. This is because I feel comfortable when I invest in Cashflow Assets. If any asset will provide me a positive cashflow than I will LOVE to invest in it. This is because after owning a Cashflow Asset, I no longer have to worry about the Capital Gains & it’s daily valuations.

Here is a List of Best Cashflow Assets -

01) Businesses -

Well, Yes. Businesses tops the list. A Business will provide you a cashflow as well as capital gain both as long as you hold it. Rich people all around the world give Businesses the first priority for investment because businesses are the Cashflow Assets.

02) Real Estate -

The second rank goes to the Real Estate especially rental properties. This is the second most favourite investment of the rich people. Rich people invest in rental properties for positive cashflow. Real Estate provides both capital gain and a steady passive income (Rental Income) as long as you hold it.

03) Web Properties -

The third best cashflow asset is the web properties. Yes, owning a Website, Blog or Forum is just like owning any other cashflow assets such as Businesses and Rental Properties. Means as long as you hold it, you will have a steady passive income stream. Web properties also tend to appreciate in its valuations much faster than the traditional offline assets.

04) Dividend Stocks -

Dividend Stocks are also the good cashflow assets to own. But it will take the years of hard work before you build a dividend stocks portfolio that throws sufficient income from which you can cover all of your expenses.

Thus, the above are the best cashflow assets. Owning any one or more of the above cashflow assets will definitely would be a worth investment for you…!!!

What Do Rich People Buy?

Things Rich People Buy

Have you ever think that, Which are the things that rich people spend money behind? I have ask this question on one reputed forum and i receive following responses

- Luxurious Cars
- Expensive Watches
- Branded Clothes
- Country Houses
- World Tours
- Branded Shoes
- And many other luxurious items….

Actually, that forum readers don’t understand my question or they simply really don’t know that what rich people buy. So i thought that, i should tell you the real answer of this question.

Well, the straight forward answer of the above Question is – Assets

Rich people spend whole of their lives behind buying Assets. Rich people simply passionate about buying assets. This is because assets tend to appreciate in its price as well as provide the passive income to the rich people and rich people love to buy the things that appreciate in its value over the time.

Rich people really don’t love to buy Expensive cars, watches and clothes. Than you will ask that, than who consume all of those branded shoes, clothes, watches and cars? Well, the high income, upper middle class people. These are the people who consume all of these branded, luxurious items.

The true rich and wealthy people focus mainly on buying assets out of their money.

Examples of assets are Stocks, Bonds, Gold, Real Estate, Mutual Funds, Businesses, Intellectual Properties & Copyrights, Web properties…etc….

Remember, the more assets you buy, the more richer you will get over the time. If you never buy assets, you will never become rich. Most of the people struggle financially through out their lives because they spend their money behind buying cars, watches and clothes which depreciate in its price over the time and make them poor.

While rich buy assets and thus they become more richer over the time….!!!

Moneybhai: Virtual Stock Market Trading Game India

Moneybhai.com is the FREE Online Virtual Stock market game of the India. I Strongly recommend to play this game to anyone who is new to the stock market investing. And if you are a school going or college going student than this is a MUST playing game for you.

In the game, you will be provided the virtual Rs.25 Lakh of Capital to invest in the Indian stock market. The Best part about the game is that, the game tracks the real time stock prices of the Sensex and Nifty.

You can make a portfolio of stocks in the game. Now, this is amazing way to learn the stock market investing. Because you are not actually risking the capital in the game. So before risking the real money, you can learn the game of investing by playing this virtual stock market game.

It is advisable that, you start investing as early as possible in your life means NOW. And it is advisable that the best age of investing in the stock market is the school age. I know that most of the parents won’t agree with me. But if you start early than it will become very easy in the future to get financially free.

Moneybhai.com is a best designed game. Anyone can join this game and make money from it. Thus, it’s a game from which you can learn the stock market investing.

Even without risking the real money, you can learn the basics of stock market investing by playing this virtual stock market game.

Which are the things that are always Valuable?

Well, the straight forward answer is – Assets.

Assets are always valuable and rich people spend whole of their lives buying assets only. Remember, the asset holder person can never become poor. This is because assets tend to appreciate over the time as well as provide a steady passive income stream to its owner.

Now, What it means by Asset? Well, Asset means anything which puts money into your pocket by Cashflow of Capital Gains.

Here are the few examples of assets -

- Stocks
- Bonds
- Gold
- Mutual Funds
- Real Estate
- Businesses
- Intellectual Properties (Books, Movies, Music)
- Art
- Web Properties (Blogs, Forums, Websites)
- Rental Properties
- Collectible Items (Stamps, Coins)
- Vintage Cars

Thus, the above is a list of assets. Assets tend to appreciate over the time. and whenever you sell it, you will be benefited by the huge capital gains. Middle class people love to buy Car, Mobile, Watches and expensive clothes while Rich people love to buy Assets.

Rich always spend their money behind acquiring assets out of their money. And thus, rich get richer only. This is because every time when their assets throw additional money, they acquire new assets and thus over the time, rich have accumulated so much assets that the passive income from their assets is much more than their monthly expenses. So rich no longer have to work because their assets take care of all of their expenses.

Thus, if you want to be rich than spend your life behind acquiring assets out of your money.

Which are the Things that Rich People Borrow Money to Buy?

Have you ever thought the above question in your mind? Is there anything in this world for which rich people also borrow money? Well, Yes. There are many things in this world to acquire which rich people also borrow the money.

The straight Forward Answer of the above question is – Assets

Assets are the only thing in this world to buy which the rich people borrow money. Because borrowing money to acquire the assets is known as a Good Debt. And rich always take a good debt. Most of the people borrow money to buy a car, home or doing shopping or travelling the world. But rich people never take a loan to finance their life style. But Rich people only borrow money for acquiring assets only.

Now those who don’t know anything about Assets, let me tell you that What is the definition of an Asset. Well, Asset is something which puts money into your pocket either by Capital Gains or by Cashflow (Passive Income) or both.

The Examples of Assets are Stocks, Bonds, Gold, Real Estate, Businesses, Mutual Funds, Art, Web properties….etc….

You must have read in the finance magazines and news papers that, Billionaire Business Tycoons borrow literally hundreds of millions of dollars to acquire lucrative businesses and real estates all around the world. This is because they know that, once they will repay the debt, they will have a full control and ownership of that Asset and they will get more richer than before.

Borrowing money to acquire assets is a good debt because after repaying the debt, you will have an Asset in your hand. While borrowing money to buy a car is a Bad debt because after repaying the debt, you will have a liability in your hand which will depreciate much faster and eventually lost all of its value.

So if you want to become rich than never borrow money to fuel your life styles but only borrow money to buy Assets…!!!

Buy Already Established Website Businesses

DigiBizPro.com

Watch the above Video. In the above video, Jamie Lewis will tell you that, how he can give you a profitable web business. According to Jamie, most of the Website Business building, affiliate marketing and make money from the website courses are worth less. And it’s not worth it to spend hundreds and thousands of dollars behind those courses.

Rather than, why not to invest those money behind buying already established cashflow generating websites? Your investment will be worth.

DigiBizPro offers you the already established web businesses that you can buy from them. What these people have is the already established team of writers, web designers and SEO marketers. So they will make a profitable web business in almost any Niche for you. What you have to do is, simply buy an already established web business from these people and that’s it. Your job is over.

Jamie owns and manages the portfolio of 50 Web Businesses. And all of those Businesses are highly profitable and making lots of money every week. Jamie has also sold few websites for almost $ 2,00,000 – 4,00,000 per website.

What these people actually give you is the already established website business.

Now, what if the website business not make the expected profit for you? Well, than also you there is one way to get back 2X-10X of your original investment and that way is- Sell your Website Business on eBay.

Suppose if your Business don’t fulfill your expectations, Jamie will guide you that how you can sell your business on eBay for huge profits.

So Watch this Video. This is a great Video…!!!

Starting Own Business to Retire Early

If you want to retire early than the best way to retire early is to start your own business as early as possible in your life. It can be any kind of business. Weather it can be a traditional offline business or it can be an Online Business.

But starting your own business is the key of retiring early. There are two main logical reasons to start your own business.

- One reason is, if you start your own business than you can grow it to the level that from that level, you can put it on the autopilot by hiring business managers. And from that day, your business will run even without your presence. No matter what you do. Weather you work hard on your business or travel the world, once you hire the business manager, it will run automatically even without your presence.

- Second reason is that, If you have developed a successful positive Cashflow generating business than later on in your life, you can sell it for the huge profit and make lots of money by selling your business that you can retire early.

In fact, I know several people around the world who retired by selling their fortune at once and they have made millions of dollars at single shot by selling their fortunes. And now they are travelling the world and enjoying their rest of the lives.

Thus, starting your own Business is probably the best way to retire early. Because you will have 2 options later on. First is that, you can put your business on the Autopilot and earn passive income for the rest of your life and the second is that, you sell your entire fortune and make huge money by selling your entire fortune.

Recession: Best Time to Grow a Business

Do you know that, Recession is the best time to grow your Business weather it’s the offline or online? Smart Entrepreneurs have grown their Businesses like anything during the time of recession. There are several reasons for it.

One commonest reason is, because during the time of recession, Assets will become cheap. So you can buy assets for your Business at very bargain price during the time of recession. Thus, during the time of recession, assets will be very cheap. You can buy cheap real estate, get cheap loan, cheap business equipments and so on.

Second Common reason is – Cheap Labour. During the time of recession, there will be a mass scale job loss in the economy and thus you can find a very cheap labour for your business. You can possibly find almost any skill in this world at very cheaper price.

The both of the above two factors make the recession a Best time to grow your Business weather it’s the traditional offline business or the online Business. And on the top of this, the online Business tend to grow much faster than the offline businesses because during the time of recession, people will spend much less time outside and spend more time on the internet at their home.

Thus, recession is the best time and opportunity to grow your business into the successful empire. In fact, recession is the best time to start a new business also. Because it will require very little start-up capital to start a business during the time of recession.

Dhirubhai Ambani is India’s ‘Rags to Riches and to the richest’ story. It is a real life adult fairy tale that came true which everyone would like to read about. The Business empire set up by him regularly features in the Fortune magazines of the world.

His sons Mukesh Ambani and Anil Ambani today figure amongst the world’s richest people and are relentlessly getting richer.

Born to an ordinary teacher, the child named as “Dhirajlal Hirachand Ambani’ grew up to become ‘Dhirubhai Ambani’, the master of a giant industrial house. This son of teacher himself became a lesson for the other enterprising people.

As 17 year old teenager he worked for a Aden Company, distributor of Burma Shell products as a minor employee. Upon return to India he started his own Business with a small capital and made it blossom into the Country’s biggest enterprise ‘Reliance Group of Industries”.

Some are born great, on some greatness is thrust but real great is one like Dhirubhai who achieve greatness.

Dhirubhai Ambani was born on December 28, 1932 in Chorwar, Saurashtra, Gujarat. Hirachand Govardhandas was his father. The family was ordinary. Dhirubhai was proud of his father being in a respectable profession like teaching. But it hurt his adolescent mind that such respectable profession could not make life rich financially. Perhaps it was this reason because of which Dhirubhai did not follow the tradition of the son carrying on the profession of the father.

At metric level his learning ended and professional life started. Yes, Dhirubhai Ambani was the school drop out and than he went to Aden. And still he made a fortune. This clearly shows that, educational degrees has nothing to do with financial success.

Quickest Way to Retire Early

Many people ask me the above question. In fact, i receive such kind of queries every week. Now, let me give you the straight forward answer of your Question.

The Quickest Way to Retire early is – Flipping the Business (Traditional offline or Internet Business) for huge profits

Well, The people who retired early in their lives around this word have retired by this way only. There is no other way in this world which can give you this much quickest retirement. If you want to retire early than you MUST have to develop a successful Business, work hard for 5 years to grow it and later on selling it for the profit to the new buyer.

The real money is inside the Capital Gains of the Business. A Business is the Asset and it appreciates in its price over the time. And if it’s an Internet Business than it can appreciate in its value over the time like anything. In fact, many Internet Entrepreneurs around this world have developed a successful Internet Business and later on sold it for millions of dollars and now they have taken the retirement and now they are travelling the world.

As long as you own a Business, its valuation is “On Paper” only and unless you sell it, it will be On Paper only. And most of the time of the life, the valuation of such assets remain on paper only. This is because unless the owner sells his Asset, this profit remains on paper only.

Taking the higher income job is not the way of quickest retirement. This is the one and only way to take the quickest retirement in your life. So if you want to retire early in your life than you have to focus on flipping a Business…!!!

Profitable Business Opportunities During Recession

There are several great profitable business opportunities during the time of recession. In fact, people won’t stop spending money on these things. Here are those few great business opportunities during recession.

01) Internet Businesses -

During the time of recession, people will spend more time at their homes and thus on the Internet. Internet is a great medium of consuming everything starting from Information to Car and Tooth brush to Electronics.

People consume almost everything on the Internet and this makes Internet Businesses viable. Amazon.com has posted a great growth during the time of recession. This is because people chose to buy from the online store rather than going to traditional brick and mortar stores.

02) Food Business -

Food is a basic need. And thus, Food Businesses are great profitable business opportunities even during the time of recession. You can start anything in the Food Industry starting from restaurants to the packaged food or anything else. People will never stop consuming food even during the time of recession.

03) Health Care Businesses -

This is another business opportunity. People will need quality health care services all of their lives. You can start your own health care business such as Weight loss, Clinic, Dietitian, Spa and massage or anything else. There are lots of Businesses under this Niche.

04) Entertainment & Gaming -

People will require good and cheap entertainment even during the time of recession. Children won’t stop playing games. Even I myself love to play games online or offline on the computers. Thus, Entertainment and Gaming is another great profitable Business opportunity.

05) Pet Business -

This is another great Niche. You can start anything in this Niche such as Pet sitting, Pet food, Pet Health care, Pet Vacation services or any other kind of unique innovative services. People will spend more time with their pets during the time of recession and thus, this is a great Niche to start your Business.

Thus, the above are the great profitable business opportunities even during the time of recession. If you start your new business in any one of the above Niche than you will definitely make money even during the time of recession…!!!

Profit Due to Information Age

In 1990, the Industrial age gets over and the Information age started and because of the birth of the Internet, more and more young people started making lots of money online. Whole the world connected with the Internet because of the Information age.

And new Commodity or the Asset class born after 1990 and that Asset Class is – Information

Yes, Information is the new asset class. If you have the right information about anything at the right time than you can make a fortune in your life. Because of the Internet, the information start flowing from one part of the world to the other part of the world at the speed of light.

Today, you can easily access the Internet, open Google and access almost every information in the world. And because of this profits from Businesses, Individuals and Governments increased. Those who have used the Internet and accesses the Wealth of Information have made millions and billions of dollars.

In fact, the internet itself became a great platform for doing businesses. more and more companies are going online to sell their products. And many Young age Entrepreneurs start their venture on the Internet only.

In the Information age, it becomes very easy for a school going children to make lots of money. You won’t believe that, but in the Information age even a high school going kid can make more money than a doctor by doing an Online Business.

Thus, there is a great money making potential in the Information age. If you use the Internet, you can leverage your skills and expertise to make richer than ever…!!!

Amit Agarwal: Professional Blogger from India

Photo: Amit Agarwal – The Indian Professional Blogger

Amit Agarwal is from Agra, India and he is the professional blogger. Amit is the founder of the greatest Technology Blog on the Internet – Labnol.org

Amit had started blogging in 2004 and today he is making around $ 1000 a day from his Blog. And that’s $ 3,00,000 + per year. Amit is the founder of the Indian Blogging Industry. He makes most of the money from Google AdSense.

In the above YouTube video, Amit reveals the fact that how he is making literally 6 figure income from his blog. What is the secret of Successful AdSense Blogger.

Right now his Blog is having Alexa Rank of around 3000 and Google Page rank of 6 and the blog receives monthly 2 Million + (20,00,000) page views. This is amazing. Amit has created a lots of value in people’s life across the world by creating such a great Technology Blog.

You will find almost every great Technology user manuals on his blog. Amit is just 33 years old and he is making this much money from his blog. Isn’t it amazing? According to Amit, to become a successful blogger like him, you should daily post 5-7 posts on your blog. The posts should be creative, unique and informative.

If you follow this simple piece of advise than you can also make money like him from professional blogging within couple of years. You can start blogging in almost any Niche. There are lots of Niches and Sub-Niches in this world.

Professional Blogging is a great new Career opportunity in India. You can make a living on the professional blogging if you are passionate to write about anything…!!!

Pranlal Bhogilal Vintage Car Collection

Photo: Mr. Pranlal Bhogilal

Vintage Cars are the great Asset Classes. Many people around this world invest in the Vintage cars. In fact, Vintage cars appreciate at the rate of 20-50% per compounded annually. Today, We will talk about Mr. Pranlal Bhogilal (In the above photo) from Ahmedabad, Gujarat, India – The Vintage Car Collector.

I am from Ahmedabad City only. I myself born and brought up in Ahmedabad city so I can tell you in depth detail about Mr.Pranlal Bhogilal’s Vintage Car Collection.

The Bhogilal Vintage Car Collection is situated in Kathwada Estate, just half an hour drive from Ahmedabad city by car. This amazing vintage car collection is situated on Mr.Bhogilal’s 2200 Acre Kathwada Estate.

Photo: 2200 Acre Kathwada Estate – Dastan. Clockwise from Left – The Riley Sprite Sports, Mors, Hispano-Suiza, Cord 810 and the Lincoln Continental

The name of Mr.Bhogilal’s 2200 Acre Kathwada Estate is “Dastan”. Above 90 Most Valuable Vintage Cars rest on the Kathwada Estate – Dastan.

Here then, are some highlights of the collection.

1937 Maybach SW38

The last of the Maybachs, the SW series were distinguished by swing axles and over six years, were powered by sublime straight six engines – of 3500cc, 3800cc and 4200cc displacements, all developing 140 bhp. This elegant sports saloon, with coachwork by Spohn, was one of two ordered by the Maharaja of Kota, Rajasthan. It was bought from the Jetpur royal family and added to the Bhogilal collection. How it reached Jetpur from Kota remains a mystery.

1927 Rolls-Royce Phantom I

The Silver Ghost, which had a long, 18-year production run, was replaced by the Phantom. As it was developed in secrecy, the Phantom was codenamed EAC – Eastern Armoured Car. The Phantom was essentially the Silver Ghost with a new 108 bhp 7668cc straight six. It was called the Phantom I in retrospect only when the Phantom II replaced it. This Rolls, called Varun, has a gorgeous boat-tail roadster bodywork by Barker and it originates from Kolkata.

1936 Cord 810

A timeless piece of automotive art, people were awestruck when they saw the revolutionary Cord 810 at the New York Auto Show in 1935. It featured unique pop-up headlamps and its 'coffin' nose eschewed the radiator grille. Radical! Louvers run around the hood and beneath, twin radiators do the job of cooling. Powered by a 125 bhp 4700cc Lycoming V8, this front-wheel driven two-door sports phaeton is as exotic as American machinery gets. It was found in Kolkata.

1947 Lincoln Continental

Edsel Ford got his designers to build a one-off car with a European 'Continental' body style for his vacation. Based on the iconic Zephyr, Edsel's Lincoln attracted attention and orders, which prompted Ford to get it into production. After WWII, the Continental got a facelift, including the massive grille and plenty of chrome. A 125 hp 4700cc V12 rests under that massive hood. This Lincoln was a gift from
Maharaja Pratapsinghrao Gaekwad to his son-in-law, the Maharaja of Dhar.

1906 Mors

Mors are extremely special and rare cars. Set up by Emile Mors in 1897, Mors was one of the pioneers of the French automotive industry. He started by manufacturing air-cooled horizontally-opposed engined cars, and then progressed to V4s, like Lancia. This, the Mors 10 HP is however of a conventional format. The water-cooled 1800cc inline four develops 10.5 bhp at 1200 revs and 7 kgm of torque. The Mors 10 HP was produced between 1906 and 1910, and this model sports an elegant tourer bodywork.

1927 Hispano-Suiza H6C

A marque comparable to Rolls-Royce in construction and quality, Hispano-Suiza was the brainchild of Marc Birkigt, a Swiss engineering genius based in Spain. Only 264 units of the H6C were produced
between 1924 and 1936, and they featured a 160 bhp 7982cc straight-six. This 1927 model was ordered by the Maharaja of Alwar, who disliked Rolls-Royces. Thanks to an amazingly flexible salamanca limousine coachwork by H J Mulliner, this H6C was used both as a throne car and for hunting.

1934 Chrysler Imperial Airflow

The radical Airflow was the first mass-produced automobile developed with the help of a wind-tunnel. When most cars' rear ends had better drag coefficients, the Airflow showcased an aerodynamic 'waterfall' grille, cab-forward design and unit body construction. Too avant garde for traditional Americans, the Airflow in its original form, died a quick death. This Imperial version – the zenana car of the Rajkot royal family – has a more powerful 130 bhp 5400cc straight-eight, special trim and a longer wheelbase.

1937 Riley Sprite Sports

A typical British roadster from another illustrious Coventry firm, the Riley Sprite's 1500cc four-cylinder engine was introduced in 1935, and used in the roadster when it was launched in 1936. At that time, the two-seater Sprite, with its streamlined front end, was the only open-topped Riley on sale. Surprising, considering Riley was manufacturing over 23 models. In September 1936, their ad said: '...we make far too many models of course. But then we have a pretty fertile design department, and we like making nice, interesting cars.' Amen!

Thus, this is all about Pranlal Bhogilal Vintage Car Collection…!!!

The Most Valuable Collectible Items

Most of the people in the world don’t know that Collectible items are the Separate Asset Class. And Investors invest in it for huge profits. Having a Collectible Item is just like owning your Home, Stocks, Bonds, Gold, Mutual Funds, Businesses or any other asset. For the most of the people, collectible items is a Hobby. But your hobby can become a great Investment.

There is a huge market for Vintage Collectible items in the world and people are willing to invest literally millions of dollars in the Vintage Collectible Items.

Here is a List of some most Valuable Vintage Collectible Items -

01) Stamps -

USPs 2008 Stamp Collection

Stamps are one of the most valuable collectible item. This is because of whenever the governments all around the world print some special edition stamps, they are limited and thus, Collectors rush and buy all of them and causes severe crisis of those stamps.

02) Coins -

Coins are the other most valuable collectible items. There is a huge classification of coins. You can invest in any category of coins. One of my dad’s friend invest only in the coins of the era 2000-2500 BC.

03) Vintage Coke Collections -

Coca-Cola Bottle Cap Stickers - Vintage

Coca-cola Bottle Radio of 1933

Vintage Coke 6 Pack - 1899

Coca-cola is almost 100 years old company and since it’s launch it has manufactured several bottle shapes, size and colour. And these Coke Bottles are one of the most valuable Vintage Collectible Items in the world.

See in the above photographs, the different old vintage coke bottles. These are the collectors hot choice. Not only this but the Coca-cola stickers are also the vintage collectible items.

04) Toys – Pre-1960 -

Jerseys Pre-1960 Paying Top $$$$

Pre-1960 Blackbird Antiques

If you think that only Barbie and G.I. Joe toys are collectible items than you are mistaken. Because the real investors search for investing in Pre-1960 Toys. Some of the toys are worth of thousands of dollars. Pre-1960 Toys are among the most valuable Vintage Collectible items.

05) Cuckoo Clocks -

Black Forest Cuckoo Clock – World’s No.1 Valuable Vintage Collectible Item

Well, Yes. This is one of the most valuable Vintage Collectible item. Because there are only limited pieces of the Cuckoo Clocks on the world.

It is the NUMBER ONE Vintage Collectible item in the world according to some largest auction sites in the world. The most favourite is Black forest Cuckoo Clocks. which was first crafted almost three centuries ago by German maestro Franz Kettler. Hand-carved reproductions with vibrant chimes and weights fetch the highest prices.

06) Vintage Knives -

Pocket Vintage Knives Collection

Pocket Vintage Knives are also the valuable collectible Items in this world. Rust-free knives have high value. And the manufacturers of the knives also number these knives so that the supply remains limited.

Thus, all of the above are the most valuable vintage collectible items.

Best Personal Finance Exercises

This article is all about the various Personal Finance Exercises that you can practice to master the personal finance. Personal Finance includes Accounting, Budgeting and Investing skills. So if you master the following personal finance exercises, you will become rich and financially free faster than other people who don’t know anything about Personal Finance.

Personal Finance Exercise # 1: Write Down your Goals -

The first very important exercise is that, Write down all of your Financial goals (Short, Medium and long term) on a piece of paper. Take a paper and pencil without fail, sit and start writing your financial goals. This is as important. Because according to one study done over 100 students, only 3 students were used to write down their financial goals on the piece of paper and after 20 years, those 3 students were financially more ahead than the rest of the 97 students.

So if you want to be financially ahead than rest of the people in this world, than you should write down your goals on the Piece of Paper.

Personal Finance Exercise # 2: Start Early -

This is another great Personal Finance Exercise. The Exercise is Start Investing Early means NOW. Early doesn’t mean tomorrow, next week or next month. But early means NOW. This is very important. Because if you start investing early than the compound interest will work in favour of you to make your wealth grow. But you never save and invest your money, the compound interest will never work on it.

Personal Finance Exercise # 3: Pay Yourself First -

Most of the people argue that, they can’t save and invest their money because at the end of every month, nothing left behind for investing. For these people, this is a Best Exercise. Just set your Mutual Fund SIP Dates in a manner that, every month you receive your paycheck, the next day some amount go towards mutual fund SIP.

You will find extremely difficult to live on the rest of the amount for first few months. But believe me, this will be habit after few months.

Personal Finance Exercise # 4: Budgeting -

Every month, take a paper and pencil and like down all the possible expenses that are likely to occur and after that, in the side column, write down the actual expenses of the month and than compare the both the expenses. You will realize that, where you have spend more last month. And according to that, you can reduce your un-necessary expenses.

Personal Finance Exercise # 5: Investing -

Start learning investing from great investment books, magazines, Blogs, eBooks or any other material. Every time, you learn something new, go and try it in the real world. Say for Example, if you have learned some new Real Estate investing strategy than go and try in the real world market and see that weather it works or not?

Thus, all of the above are the Great Personal Finance exercise. Apply all of these exercises and you will never have any financial problem in your life.

Dividend Paying Stocks: Way to Retire with Financial Piece

If you want to retire with financial peace or even you want to retire early than the Dividend Stocks are the answer. This is because Dividend Stocks can be a good passive income stream for you as well as give you the capital gains. If you invest in the Growth Stocks than probably you will never have a passive income for the most of your life. The problem with Growth stocks is that, they give you good capital gains but you can’t spend that money until you cash it out.

Now, the Annual Yield on Dividend Stocks is around 4-8% per Annum. On and average, the Yield of Dividend Stocks is 5% per Annum. Thus, for every $ 1,00,000 of investment in Dividend stocks, you will have a Dividend Income of $ 5,000.

So if you have $ 1 Million than you can invest it in Dividend Paying stocks and generate a steady Passive Income stream of $ 50,000 every year without much effort.

Everyone needs to think about developing a passive income stream. This is because after the retirement (Weather the early retirement or after the age of 65), you will no longer have any paycheck income and thus, you will have to depend on the Passive Income only.

Thus, if you have a steady stream of Passive Income than you can retire easily with financial peace. And Dividend Stocks are the one way to develop a passive income among several other Passive Income Ideas.

Smart people start developing their Dividend portfolios since very early in their lives. And thus, they have developed a sufficient portfolio Income on which they can live the rest of their lives even without working. It is also possible to retire early with the Dividend Paying Stocks. But for that, you have to start investing early…!!!

Website Flipping: Build your own Passive Income generating Website Portfolio

FlippingWebsitesforProfit.com: Dr Marc Dussault

The above video is the amazing video. The concept that Marc shows in the video about Online Virtual Real Estate (Websites) is amazing. This is a MUST watch video for those who seriously want to build a website portfolio and generate a passive income online.

Here is What Marc want to tell us.

Mark asks in the video that, “How Much would you pay for a $ 200/month Income Stream?”

Well, that’s a $ 2400 per year. So How much would you pay for getting this Income stream?

- $ 2400
- $ 2500
- $ 2600 or
- $ 2800?

If you have guessed any one of the above than read ahead.

Now, Do you know that, How much you have to invest in the stock market to get the monthly Dividend of $ 200? On an average Dividend paying stocks give you 5% annual yield.

The True Answer is – $ 48,000….!!!!

And How much you have to invest for the Rental Property to get the monthly positive cashflow of $ 200?

The Answer is – $ 2,00,000 + …..!!!!

Now, the same level of passive income can be achieved by buying a website having a monthly Cashflow of $ 200 for just $ 2500-5000.

And you run in the stock market to get the same level of Income stream for $ 48,000 and in the real estate for $ 2,00,000 +…!!!!

So now, just think that, Which Income stream is better? Just think that from $ 48,000 Investment, How many websites generating $ 200 per month you can buy? I think more than 10 at the rate of $ 4800 per website. Thus, you can buy a Passive Income stream of $ 2000+ from the Investment of $ 48,000.

This is the power of Internet’ Virtual Real Estate.

Build Passive Income Streams to Retire Early

This is the Information age and in the Information age, no one wants to work hard and retire at the age of 60 or 65. But more and more young people want to retire in their thirties and forties. And in fact, few people around this world have managed to retire early in their thirties or early forties only.

Now, the question is that, What is the basic element to retire early? How can you retire early and enjoy rest of your life?

Well, the Core element of retiring early is – You develop multiple Passive Income streams in your life.

This is the only way to retire early and enjoy the rest of your life. Now, Passive Income is the income to earn which you don’t have to work hard. You have to put only one time effort and that’s it. That Income flows for the rest of your life and for future generations even without your presence.

Here are the few Examples of Passive Incomes.

- Rental Income
- Dividend Stocks
- Interest Income
- Portfolio Income
- Books, Movies, Songs, Music and other Copyrights Royalties
- Business in which your presence is not required
- Income from Online Assets (Web Properties) such as Blogs, Forums and websites in which once you develop a Blog/Website having sufficient web traffic, that income will keep flowing into your account.
- Insurance Agent Sales you the Insurance Policy and make money for the year
- Network Marketing
- You do a Seminar or Stage show at once and make huge money

Thus, the above are the examples of the Passive Income. If you want to retire early and enjoy your rest of the life than you have to build anyone or more of the above passive income streams. Developing the above Income streams is the one time hard work.

Say for Example, you work hard once to acquire the Rental Property. You work hard at once to write a great book, produce a movie or a song. You work hard at once to develop a great blog or a website, you work hard at once to develop a portfolio of Dividend Stocks…etc…

This is one time hard work only. Means you work hard at once and than enjoy the passive income for the rest of your life. Take the Example of Michael Jackson. He worked hard at once only to develop those mind blowing pop songs and today even after his death, his songs are still generating hundreds of millions of royalty income for him every year.

Take the Example of ‘Rich Dad Poor Dad’ – The New York Times Best selling book by Robert Kiyosaki. Robert worked hard at once in the 1997 to write such a great book and today he is still making millions of dollars in royalties by selling his books.

Online Money Making Games: Online Games with Earnings: Make Money by playing Games

This is the Information age and kids are making money online while playing the games. Well, Yes. This is True. You can now make money by playing games also. There are Online Games in the world based on real economy. In short, there are Virtual Games based on Real Economy.

I will tell you about 2 famous games online for making money. However, there are many others.

01) Second Life -

Well, This is the virtual game with real economy. In the game you can virtually build anything and than sell it. The game is based on the Linden Dollars. And you can convert these Linden Dollars for the real money by redeeming it.

You can do virtually any business in the game second life and make Linden Dollars and later on redeem those Linden Dollars for Real Money. In fact, many people in this world are making around $ 2000 every month by playing this game only.

And many people own the Assets of worth of thousands and hundreds of thousands of real Dollars in this virtual world.

You can either make money in the game by doing a job or you can start your own Business in the game second life and make a steady stream of Passive Income. Everything is possible in the Second life that is possible in the Real Life.

02) Ultima Online -

This is the another game by playing which you can make some real money. Now How people make real money by playing Ultima Online? Well, it’s simple. Virtual Gold is very important in the game to go ahead. And people sell 1 Million Gold Pieces on the eBay for $-3-4. This means that, if you own 100 Million Gold Pieces in the game than you have the real life wealth of $ 300-400. You can anytime sell this gold on eBay to the new buyer and make real money from it.

Recently, the Game Owners has removes 15 Trillion Virtual Gold from the game terminated 180 users accounts. Here is the News Report.

Now, if we consider just $ 1 per million gold pieces than the real value of that virtual gold would be worth of $ 15 Million on the lower end and at $ 4 per Million gold pieces, The real life value of that virtual gold would be $ 60 Million….Isn’t it amazing?…!!!

Thus, you can easily make few hundred to few thousand dollars every month by playing online games from your home. Making Money in the Information age is this much easy…!!!

Online Income for Doctors: How Doctors can build Passive Online Income Streams?

Internet is a great thing to build a Passive Income stream in your life. And as a Doctor, The Internet is the most convenient way to build the Passive Online Income. This is because, you can operate it from anywhere in the world.

The best part about Online Income is it’s passive nature. You have to put upfront time to develop a web property which is probably a website or a Blog. But once your web property is developed and start receiving a fair amount of web traffic, it will automatically start making money. And the best part about this Income is that, it’s a passive income.

What I Like the most about Online Income is that, It’s Passive. So you have to do one time hard work only to develop that income stream. Once you put the hard work, your job is over. Even if you travel the world after that, the money will keep flowing into your bank accounts.

And if you are a doctor than you are a knowledgeable person so you can leverage your knowledge and passion of health care field and start your own website or a blog in the health care Niche. One of my junior friend is running a successful Medical Forum Cafemedico.net and making lots of money every month.

The best thing I like about his forum is that, he does not have to do any hard work to run that forum now. He has already put 2 years of extreme hard work to grow the users of that forum and now the forum is growing automatically even without his presence.

One of my other Doctor friend is running a successful Pregnancy and Childcare Blog and easily makes $ 400 per month from his Blog. He has now higher a writer for his blog. So now his blog runs even without his presence and making passive income for him every month weather he works or not?

So I advise any doctors to start building their own Online Income streams. Believe me, this will be very rewarding over the time…!!!

Online Business Ideas, Children Related

Let us today discuss some Online Business ideas for Children. I know that many of you will be surprised by the title of this post and many of you may not agree with me. You may think that, how can children do business and make money? After all, it’s their age to go to school and get good grades to find a safe-secure job later on..

But well, this was the mindset before the 1990 before the birth of the Internet. But after the birth of the Internet, it really became easy to start your own business at teen age and make money online. Internet is a good source of passive income just like royalties from books, music and movies.

You won’t believe this but right now many high school going kids are running their successful Internet Business empire and some worldwide and some of them are making literally more money than a Doctor every year….. !!!!

Can you believe this? A High School going Kid is making more money than a doctor by running his own Internet Business…!!!

So the question is that, Which Online Businesses children can do? Well, Here is a list of Online Businesses that even a high school going children can also start.

- Blog Business
- Discussion Forums
- Websites
- Articles Directories
- Link Directories
- Affiliate Marketing
- Facebook Applications

You can start any one or more of the above Internet businesses as a high school kid. Now, you will ask that, How can a high school going kid make a Facebook application or a sophisticated Articles Directory? Well, if you don’t know how to do it, just higher a Freelancer for you for just $ 100 from websites like Elance.com or GetaFreelancer.com

It’s that much easy. If you don’t know how to write HTML codes than simply higher a freelancer for you. But here I want to tell you that, you can start your own Income producing Business even at the age of 15 years while attending your high school.

After all, This is the Information age and making money is this much easy…!!!

Mr.Avinash aged 40 year needs Rs.50,000 after 5 years, if the interest rate is 10% per Annum compounding, How much Should he invest now to get Rs.50,000 at the end of 5 years?

Well, this is a simple question. But many people don’t know that, how to achieve this goal. I mean many people don’t know that how to get Rs.50,000 after 5 years at the rate of interest 10% per annum compounded annually or half-yearly.

Well, you can achieve this goal by 2 methods.

01) Lump-sum Investing Method -

You just invest Rs.30,000 today in the Investment vehicle that gives you 10% compounded annual return and your money will become Rs.50,000 after the end of 5 years.

But well, if you need 50,000 at the end of 5 years than probably you don’t have 30,000 today to invest right? So let’s go to the another method.

02) This method is Recurring Deposit Method -

Here you invest regular amount of money every month, quarterly or half-yearly and at the end of the 5 years you get 50,000.

I have run the Compound interest calculator and according to the calculator, if you want to make 50,000 after 5 years at 10% interest rate, you need to invest Rs.6000 every year for next 5 years to get 50,000 at the end of 5 years.

Videos: Website Flipping for Profit

Website Flipping is the hottest money making opportunity in the Internet. Here you buy the website at low price or develop it out of scratch and later on sell it for higher profit for the new buyer. It’s like flipping real estate properties for profit or flipping stocks on the stock exchanges.

This Article is about few great videos about Website flipping

Video: 1 How to Flip Websites?

This is a great video about website flipping. The video will teach you in the simple language that, how to flip websites for profit? This Video is a step by step guide to flip a website.

Video: 2 How to Flip Websites for Profit?

This video is very informative. In the video the Virtual property seminar (Web properties) was held in the Melbourne, Australia. And the Video will teach you that how you can build your own Virtual Property Portfolio? The seminar was known as Virtual Real Estate Work shop. Yes, Websites are the Virtual Real Estates of the Internet.

Video: 3 Flipping Mini-sites as a Business -

This is an amazing great video. The video shows that, How can you flip mini-sites as a Business and living on it? In fact, many people around this world are making money by doing this only. They make literally 6 figure income in dollars every year by website flipping.

Video: 4 Make a Living Flipping Websites -

This video shows that, how you can make a living by flipping websites. Many Internet entrepreneurs around this world are living on this. Means they Flip a Website for profit and make a Living on it.

Most of the Wealthiest People in the World are High School Dropouts

Just Few months back, I posted a post about – High School Drop Outs

Well, according to the study and observations done on several wealthiest people world wide, they came to know that,  Most of the wealthiest people are the high school drop outs. In fact, following Billionaires in the world are high school or college dropouts.

- Bill Gates (Microsoft)
- Michael Dell (Dell Computers)
- Larry Page (Google)
- Dhirubhai Ambani (Reliance)
- Mark Zuckerberg (Facebook)
- Larry Ellison (Oracle)
- And Many more….!!!!

All of the above Billionaires are the high school or college drop outs. And still they have made fortunes in their lives. What this shows? Well, this shows that the World’s Age old Education system is no longer effective to ensure any kind of Financial Success in your life.

This is because if you go to school, work hard and get good grades than you will only become an employee or a self-employee. But to become rich and financially free, you have to be a Business owner or an Investor. This is because Investors and Business owners pay less in taxes legally and make more money from their money.

Most of the world’s wealthiest people are high school dropouts. Some how the education system failed to brain wash their minds and fail to make them employees and self-employees. And thus, these people became Business owners and Investors.

And over the time, these people have created wealth that is much more than those who became employees and self-employees by going to school.