Every morning I wake up and follow the same routine - get breakfasts ready; get pack lunches ready; exercise; shower; go to work. These are habits. Things I do everyday without having to think about them. Making money and being successful is about forming the right habits so that success comes naturally.
So what are your habits?
Do they help or hind what you are trying to achieve?
It is hard to take an honest look at yourself but that is exactly what you need to do. Make a list of the things you do which could be improved. Don't try to change yourself overnight. Remember it takes 21 days to form a habit. That is doing something over and over again for at least 21 days until you do it automatically then it becomes a habit. Take your time and work on just one habit at a time.
In my investment/business life I have habits that I have over the years built into my being. These habits ensure that everyday I do something positive towards improving my knowledge and financial freedom.
I operate 4 categories within my business model. They are: Shares; Rental Properties; Books and Business Income. I have created habits that everyday ensure I do something positive which will improve my business model. I have listed below examples of habits/routines I follow everyday in work.
Shares:
Check portfolio and research any latest news on companies I invest in.
Make a decision on buying shares, selling shares or leaving portfolio as is for the day.
(Time taken 20 - 30 mins)
Rental Properties:
Check Bank Accounts to make sure rents due have been received.
Contact any tenants overdue one week.
Deal with any property matters that arose from previous day.
Check Estate Agents websites for new listings and make appointment on any I want to view.
Check progress on any pending purchases.
(Time taken 20 - 30 minutes)
Business Income:
Check sales and advertising adjust anything that needs to be done
Deal with emails and correspondence
Work on new projects so they will be ready for launch dates.
(Time taken 30 minutes - 1 hour)
By now it is normally 10am and I am ready for morning tea break. Once back I will spend the rest of the morning working on my books.
These are habits/routines that I have created that allow me to do things automatically without even thinking about them. Yesterday, I spoke about planning and this is an example of how I have planned my day around positive actions to improve my wealth and financial freedom. After a mornings work I have the rest of the day free to enjoy as I choose. I may continue working and doing appointments; I may be at a school activity for my daughter; I may be gardening; reading; shopping but I'm free because I have planned and created habits that ensure my continued success.
A couple of books that I highley recommended for further reading on habits are:
Stephen Covey - The 7 Habits of Highly Effective People
Mark Tier - The Winning Investment Habits of Warren Buffett and George Soros
Make it a habit to review your habits and look for ways to continually improve yourself.
Saturday, 27 June 2009
Friday, 26 June 2009
Planning
Let's face it, most people would love to become instantly rich. Unless you win the lottery it just doesn't happen. To become rich you need to have a plan. Keep working the plan and eventually everything will fall into place and you will achieve your desire for success and riches.
Planning doesn't need to be complicated or difficult. It can be simply a couple of lines written down that you refer to on a regular basis or it can be more indepth and as complicated as you wish to make it. I believe in keeping things simple.
My planning steps are as follows:
1. Write down the end result.
2. Put together a number some steps to achieve the end result
3. Do something each day towards achieving the end result.
Step 1 - The End Result
I like to start with the end result because I then have a target to aim for. It gives you direction and helps create the path you will need to follow. In 1999 I wrote my end result. I called it 'The Plan'. It became the focus of what I ultimately wanted to achieve. I read it every day. Sometimes several times a day and would utter it to myself over and over. It became my passion. (Luckily I had an understanding husband!)
The plan read and still reads today 'To achieve financial freedom and generate passive income from Shares, Rental Property, Book Royalties and Business Income.' This is my ultimate goal, my personal mission. Everything I do comes back to achieving the plan. Whenever I look at a so-called 'opportunity' and believe me many of them come across my desk every day I check if they will help achieve my end result. Will they in their own right help me achieve financial freedom? Will they generate passive income? Do these opportunities fit into the category of Shares, Rental Property, Book Royalties or Business Income? If yes, then it might be worth investigating a little further. If no, then it immediately hits the waste bin and I move onto the next.
It is too easy to become side-tracked and find out months later that you have wasted a lot of time and money and have nothing to show for it. The Plan became the bible that I followed on a daily basis. It is quite amazing once I put this plan in place and started to work to achieving it I was able to make a lot of money and create the lifestyle I wanted in a very short time frame. Quite simply I became focussed on getting the end result and nothing could detract me from it.
So How Did I Come Up With The Plan?
I have spent many years reading all types of books on self-help, how to and the success stories of other people but one person had a profound impact on my way of thinking. That was Robert Kiyosaki. When I read his 'Rich Dad, Poor Dad' book it seemed to crystalise my thinking and bring everything together into one place. I read book one. I couldn't get through it fast enough and rushed down to the bookstore and bought books 2 and 3 'Cashflow Quadrant' and 'Rich Dad's Guide To Investing.' I read those books from cover to cover over and over again. Then I sat down and wrote my plan.
Wow, now I knew exactly what I was going to do to become rich. But old habits die hard and I soon went back to my old ways and the plan was left for about a year without any real work being done on it.
Step 2 - Putting together some steps to achieve the end result
After about a year I was going through a rough patch and looking for something else in my business life. I came across the plan and decided it was time to have a go at making it work.
I split the plan into four categories: Shares; Rental Properties; Books and Business.
Under each category I wrote a series of smart goals to be achieved over the coming years. (more on smart goals in future articles) Each goal had a series of actions within them to ensure I was working to achieving the best possible results in the quickest time possible. The whole process took several days to put together. Some goals were written, rewritten, thrown out and started all over again. Eventually, I had put together a plan for success. One that I thought would provide me with everything I wanted. One that I knew I would be able to work on.
Step 3 - Do something each day to achieving the end result
I soon realised that if I was going to make the plan work then I had to do something towards it everyday. I created what I called 'A Habit Plan'. (More on Habits in future articles) Simply put to ensure I made my plan work it had to become a habit to work on it everyday. The habit plan was split into the 4 categories: Shares, Rental Property; Books and Business and each night before bed I wrote under each category what I had done that day that would help achieve the plan. If I hadn't done anything I didn't go to bed. I would spend 30 minutes to an hour and make sure I had achieved something concrete each day to achieving my success.
It isn't easy. It is very hard to do. But like anything once you get into the habit of doing something each day you'll be surprised at how quickly you can get the results you are looking for.
I wrote my plan in 1999 - It was 2000 before I started putting the goals together to make it work and it was 2001 before I was able to start implementing the financial side of the plan but by 2004 I was personally making £1,000,000 a year.
Today I live the dream because I took the time to plan for it. There is an old saying 'businesses don't plan to fail they fail to plan'. Don't let the dream of success and riches pass you by because you failed to plan for it.
www.newydd105.com
Planning doesn't need to be complicated or difficult. It can be simply a couple of lines written down that you refer to on a regular basis or it can be more indepth and as complicated as you wish to make it. I believe in keeping things simple.
My planning steps are as follows:
1. Write down the end result.
2. Put together a number some steps to achieve the end result
3. Do something each day towards achieving the end result.
Step 1 - The End Result
I like to start with the end result because I then have a target to aim for. It gives you direction and helps create the path you will need to follow. In 1999 I wrote my end result. I called it 'The Plan'. It became the focus of what I ultimately wanted to achieve. I read it every day. Sometimes several times a day and would utter it to myself over and over. It became my passion. (Luckily I had an understanding husband!)
The plan read and still reads today 'To achieve financial freedom and generate passive income from Shares, Rental Property, Book Royalties and Business Income.' This is my ultimate goal, my personal mission. Everything I do comes back to achieving the plan. Whenever I look at a so-called 'opportunity' and believe me many of them come across my desk every day I check if they will help achieve my end result. Will they in their own right help me achieve financial freedom? Will they generate passive income? Do these opportunities fit into the category of Shares, Rental Property, Book Royalties or Business Income? If yes, then it might be worth investigating a little further. If no, then it immediately hits the waste bin and I move onto the next.
It is too easy to become side-tracked and find out months later that you have wasted a lot of time and money and have nothing to show for it. The Plan became the bible that I followed on a daily basis. It is quite amazing once I put this plan in place and started to work to achieving it I was able to make a lot of money and create the lifestyle I wanted in a very short time frame. Quite simply I became focussed on getting the end result and nothing could detract me from it.
So How Did I Come Up With The Plan?
I have spent many years reading all types of books on self-help, how to and the success stories of other people but one person had a profound impact on my way of thinking. That was Robert Kiyosaki. When I read his 'Rich Dad, Poor Dad' book it seemed to crystalise my thinking and bring everything together into one place. I read book one. I couldn't get through it fast enough and rushed down to the bookstore and bought books 2 and 3 'Cashflow Quadrant' and 'Rich Dad's Guide To Investing.' I read those books from cover to cover over and over again. Then I sat down and wrote my plan.
Wow, now I knew exactly what I was going to do to become rich. But old habits die hard and I soon went back to my old ways and the plan was left for about a year without any real work being done on it.
Step 2 - Putting together some steps to achieve the end result
After about a year I was going through a rough patch and looking for something else in my business life. I came across the plan and decided it was time to have a go at making it work.
I split the plan into four categories: Shares; Rental Properties; Books and Business.
Under each category I wrote a series of smart goals to be achieved over the coming years. (more on smart goals in future articles) Each goal had a series of actions within them to ensure I was working to achieving the best possible results in the quickest time possible. The whole process took several days to put together. Some goals were written, rewritten, thrown out and started all over again. Eventually, I had put together a plan for success. One that I thought would provide me with everything I wanted. One that I knew I would be able to work on.
Step 3 - Do something each day to achieving the end result
I soon realised that if I was going to make the plan work then I had to do something towards it everyday. I created what I called 'A Habit Plan'. (More on Habits in future articles) Simply put to ensure I made my plan work it had to become a habit to work on it everyday. The habit plan was split into the 4 categories: Shares, Rental Property; Books and Business and each night before bed I wrote under each category what I had done that day that would help achieve the plan. If I hadn't done anything I didn't go to bed. I would spend 30 minutes to an hour and make sure I had achieved something concrete each day to achieving my success.
It isn't easy. It is very hard to do. But like anything once you get into the habit of doing something each day you'll be surprised at how quickly you can get the results you are looking for.
I wrote my plan in 1999 - It was 2000 before I started putting the goals together to make it work and it was 2001 before I was able to start implementing the financial side of the plan but by 2004 I was personally making £1,000,000 a year.
Today I live the dream because I took the time to plan for it. There is an old saying 'businesses don't plan to fail they fail to plan'. Don't let the dream of success and riches pass you by because you failed to plan for it.
www.newydd105.com
Tuesday, 19 May 2009
UK Courts Failures
What is happening to our Court System?
On the 1st May I attended Pontypool County Court asking for the eviction of a tenant who had not paid rent for several months. The tenant did not defend and I was granted possession of the property within 14 days.
Last Friday, 15th May, I rang the court to find out why I had not received a copy of the order for eviction only to be advised that due to staff shortages Pontypool County Court are still processing April's orders. In their opinion I cannot evict the tenant until the order is processed. I then have to provide the tenant with seven days to act on the notice before taking any further action.
After seeking advise from the Landlords Association and a Magistrate friend, I was advised to talk to the duty solicitor and see if they could offer any suggestions.
Today I visited the court to talk to the duty solicitor only to be advised that they don't have one. I then spoke to the sole person handling reception to try and ascertain how long it was likely to be before the order would be issued only to be told that they do not have any administration staff as all staff were laid off. The court has administration provided from Blackwood County Court and as Blackwood are very busy they have reduced the amount of time provided to Pontypool. Pontypool have no idea how long it will take to issue the order as they are still processing April's order?
In the meantime, I cannot evict the tenant even though the judge granted possession on 1st May but still have to cover mortgage payments.
So what is happening to our court system?
Why are Pontypool still holding court when they have no staff to administer the orders?
Why, when we have high unemployment and the court system is under so much pressure, do we have courts with no staff?
Is the government deliberately trying to grind the court system to a standstill?
On the 1st May I attended Pontypool County Court asking for the eviction of a tenant who had not paid rent for several months. The tenant did not defend and I was granted possession of the property within 14 days.
Last Friday, 15th May, I rang the court to find out why I had not received a copy of the order for eviction only to be advised that due to staff shortages Pontypool County Court are still processing April's orders. In their opinion I cannot evict the tenant until the order is processed. I then have to provide the tenant with seven days to act on the notice before taking any further action.
After seeking advise from the Landlords Association and a Magistrate friend, I was advised to talk to the duty solicitor and see if they could offer any suggestions.
Today I visited the court to talk to the duty solicitor only to be advised that they don't have one. I then spoke to the sole person handling reception to try and ascertain how long it was likely to be before the order would be issued only to be told that they do not have any administration staff as all staff were laid off. The court has administration provided from Blackwood County Court and as Blackwood are very busy they have reduced the amount of time provided to Pontypool. Pontypool have no idea how long it will take to issue the order as they are still processing April's order?
In the meantime, I cannot evict the tenant even though the judge granted possession on 1st May but still have to cover mortgage payments.
So what is happening to our court system?
Why are Pontypool still holding court when they have no staff to administer the orders?
Why, when we have high unemployment and the court system is under so much pressure, do we have courts with no staff?
Is the government deliberately trying to grind the court system to a standstill?
Thursday, 30 April 2009
Book Update
Started work on new paperback book today. It is an updated version of a good selling ebook I wrote 5 years ago. Amazing how much property laws have changed in UK since 2004. So I think this book is well overdue for review.
Tuesday, 28 April 2009
Luck or Skill?
Spent yesterday shopping with an old school friend. She had bought gold chains from a TV Channel for £30 each. Yesterday she sold them at a high street shop for £80 each. A good profit for a few minutes work. Is she lucky or just using her entreprenuerial skills?
Thursday, 30 October 2008
New Website
After months of deliberation the new website is up and running http://www.newydd105.com/ Tell me what you think. I've tried to keep is simple but informative.
If you want to learn how to create great wealth then this website should give you the basics to start. On this website I share with you how I created my wealth starting from absolutely nothing in 2001 to earning £1 million a year by 2005. Now you have the chance to share my plan for success for free.
If you want to learn how to create great wealth then this website should give you the basics to start. On this website I share with you how I created my wealth starting from absolutely nothing in 2001 to earning £1 million a year by 2005. Now you have the chance to share my plan for success for free.
- Learn the easy plan I used to get started
- Discover the products I used and still use today
- Your chance to join successful businesses used by numerous well known entrepreneurs
- Find out who helped me along the way and how.
A simple website which holds the key to your success http://www.newydd105.com/
Thursday, 23 October 2008
Work from Home - £30,000+ Per Month - Product Review
At first I was a bit aprehensive about the claims, Make £30,000+ a month working 1 hour a day from home. Yet the system is very simple and it works.
Research has shown me that several of the worlds most successful entrepreneurs operate a system similar to the one described in this product. I found one entrepreneur who now resides in Switzerland fondly known in the industry as the 'six billion dollar man'. His wealth is estimated to be around ten billion. He still operates this system. Another gentleman based in the UK was last year estimated to be worth around thirty million pounds. This is how he started his business and still continues to operate it today.
How to make £30,000+ a month in 1 hour a day is based on producing simple information products in the form of books, ebooks, dvd's and cd's. The products are then sold through direct marketing or online marketing. The beauty of this system is you can do it from anywhere in the world as long as you have an internet connection. It also works in any part of the world.
The main product is in two parts:
To find out more visit the website on http://www.thirtythousandamonth.com/ or click on the link on the right.
Research has shown me that several of the worlds most successful entrepreneurs operate a system similar to the one described in this product. I found one entrepreneur who now resides in Switzerland fondly known in the industry as the 'six billion dollar man'. His wealth is estimated to be around ten billion. He still operates this system. Another gentleman based in the UK was last year estimated to be worth around thirty million pounds. This is how he started his business and still continues to operate it today.
How to make £30,000+ a month in 1 hour a day is based on producing simple information products in the form of books, ebooks, dvd's and cd's. The products are then sold through direct marketing or online marketing. The beauty of this system is you can do it from anywhere in the world as long as you have an internet connection. It also works in any part of the world.
The main product is in two parts:
- A 95 page manual - split into two parts. The first part is about creating your product so you have your own unique product or obtaining the rights to sell someone elses product. The second part of the manual is the marketing side. Full of very simple, easy to follow proven techniques. The manual is put together from information provided by 9 of the top information marketers. Seven from the USA and two from the UK.
- 4 x CD's again full of information from these top information marketers. The CD's cover a similar format to the manual but with lots more indepth information aimed at providing you with numerous ways to sell your product quickly.
The seller has included other bonuses for purchasing from her.
One of the mistakes made by marketers and highlighted in the book is that many people find a product then spend a long time and a lot of money trying to sell that product. The best way to make money; make a lot of money and become very rich is to find a market of hungry buyers and then produce a product to meet their needs.
If you are new to internet marketing and looking for ways to get into the business then this product is a must. It allows you to tap into the minds of some very successful entrepreneurs. It is a genuine operate from home business where you can start small operating from a table in any room of the house. All you need is a computer and internet connection. Find your products or create new ones. Send out your salescopy online or in the post. Wait for the money to start coming in and post out your orders. Very simple and very profitable. As your business grows you can do this on automated system using fulfilment companies. It also explains if you are no good a writing or producing cd's how you go about getting other people to do the work for you and create your own unique product.
If you are already an internet marketer then you know the benefits of buying this sort of product and continuing to learn from the masters. You may be overlooking a simple technique mentioned in this product which could improve your existing business.
As for myself. I've tried this system and run it for about 3 years. Basically, I use the system two or three times a year and produce a very nice little earner supplementing my income very generously. The more times you use the system the more money you can make. I think this product is well worth the cost of £47.00
To find out more visit the website on http://www.thirtythousandamonth.com/ or click on the link on the right.
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