There is an ancient saying about abundance and it goes like this, “From abundance he took abundance and abundance remained.” If you are living in scarcity with the bills piling up this may sound like a fairy tale, but I assure you it is possible. I was as skeptical as anyone in the beginning, but eventually I saw the light. Let us examine your natural abundance together and see if I can change your mind or at least add to your options.
Our Universe, Your Universe
The following quote is attributed to Einstein and is part of a larger article he wrote on the nature of our universe, “The most important decision we make is whether we believe we live in a friendly or hostile universe.” If I might take a little liberty with his quote and reword it for our purposes here I might say, “The most important decision we can make about our world is whether we believe we live in an abundant universe or a universe full of scarcity.”
You may have noticed my statement contains a bit of a contradiction. How can a universe without abundance be full of scarcity? Did I say fullness and scarcity in the same sentence? Commonsense tells us they don’t exist together; emptiness goes with scarcity and our senses agree. Who can see the end of the universe? How can we count the drops of water in the oceans? What are the heights that mankind can attain? No one knows the answer to these questions. These and many other things are too great for us to know. I would even say they are too abundant to count or measure. We live in an abundant universe, but many people live only in a small corner of it.
There is no scarcity in the universe, only scarcity in our thinking and scarcity thinking creates scarcity in our personal wealth. Change your thinking and that changes your actions and those new actions change your results.
Where Are You Mining?
So you might be having a bit of financial trouble these days, it happens at times to all of us. Perhaps you are doing pretty well, but you want to do better. In either case my question is, “Where are you mining?” Where are you digging for financial wealth?
You might think of your cash flow as being like rich ore moving along on the conveyor of a mine as it head to the market place. When the ore is flowing out of the mine you know the miners are mining in a place where there is an abundance of ore. When the ore stops flowing you know they are mining in a place where ore is scarce, even nonexistent. If your cash flow is scarce then you are mining in an area of scarcity in your life. If you want to increase your cash flow and income you have to move your mining equipment and your efforts to a place of abundance.
Abundance In The Marketplace
One of my businesses is a vending business. When I started it didn’t take me long to learn without people you don’t have much of a vending business. If you want to reap financial wealth through vending you had better be mining where there are hungry people with a few coins in their pockets.
After I had placed all of the vending machines I had bought to start my business, the next step I took was to start moving the under performing ones to better locations. When I looked for new locations the first thing I looked for was hungry people, lots of hungry people. Just moving a few vending machines to better locations with more hungry people nearly doubled my income with the same number of machines. I was mining in a richer area and it made me richer.
When we are vacationing in the Smoky Mountains there is a fast food restaurant just beside an attraction my wife and I go to when we are in the area. It is a big attraction and it is always full of people with people standing in line to get in. Guess what else is always full with people standing in line? It is that fast food restaurant nearby. I seriously doubt they do any advertising. I have seen lines of people standing outside the building waiting to get in and spend their money while it was pouring the rain. The attraction does the advertising and the restaurant just opened where the mining was good, it was excellent in fact.
There is no guarantee that if you build it they will come. However if they are already coming it is a good place to build.
If you want to reap abundantly then match your skills or products with the marketplace. Look for people that are “hungry” for what you have or do and look for lots of them! All things considered, one hungry client is good, but two are better and if people are standing in line to get in you are seeing abundance in action.
We All Have Areas Of Abundance And Scarcity
Baseball fans know that Babe Ruth was one of the greats in baseball, but how do you think he would do in a Double Dutch Jump Rope Competition? I would imagine he would do poorly. Why would Babe Ruth be such a great baseball player and such a poor Double Dutch Jump Rope competitor? Because when he was playing baseball he would be mining from his abundance, but competing with a jump rope would most likely be an area of scarcity for him and his results would reflect that. I doubt Babe was any good at needlepoint either, but he didn’t have to be. Babe could buy or hire anything wanted because he was good at playing baseball and good at mining his abundance.
You may not realize it, but in this respect you are just like Babe Ruth, you have areas of scarcity and areas of abundance.
You might be thinking you were never good at sports. That might be true, but after decades of working with people I am convinced there is something you are good at doing or something you could be good at doing if you had a chance. The chances are excellent that there is something you could excel at doing. If you don’t know what that thing is then put on your walking shoes and start hunting.
Finding Your Abundance
My oldest son hates math. I now realize it is because of a certain teacher he had in grade school, but it is a little late to do anything about it now. From the fifth grade on his math grade was always the worst on his report card. On the other hand he loved to read, he did well in his English classes and loved classic literature.
Here is a funny thing about that, he was poor in math, but he could tell you the year Mary Shelley published her novel Frankenstein (1818) how many copies were printed the for the first edition (don’t ask me) the year of the second edition (1823) and the year it was revised and reprinted (1831). What is strange about that? All of that information has to do with numbers. You know, numbers as in math.
My son couldn’t remember the first digit of the number for pi or for that matter how many pies were on the kitchen table, but he could remember any number when it pertained to something that interested him. It may sound strange, but he isn’t any different than the rest of us on that. If we are interested we are engaged and that includes engaging your mental faculties.
Your talents will be found where your interests are.
My youngest daughter really struggled in school. It wasn’t because she wasn’t talented, it was because she wasn’t interested. If she had struggled as hard to do the school work as she did to get out of doing the school work she would have broken academic records. Yes, her mother and I became the homework police and it seemed she was always in homework jail.
Years later she went back to school in the medical field where she was in competition with this other young lady in the class for top honors. On one test this other young lady would make the highest grade in the class and then on the next test my daughter would get the highest score. How could that be? Was this the same girl that hid her report card from her parents every grading period?
I looked her over and decided this really was my daughter, but now she was mining in an area of her abundance instead of an area of scarcity for her. What made the difference? She was interested in her medical training and had a desire to do well. Her interest had created her abundance. This girl that couldn’t spell whale in school could now spell the names of bones I didn’t know we had and tell you how they are connected!
Make a list of things you like, things you like to do, things you enjoy, things that interest you. Take a few days and make a pretty complete list. Now put some thought into how you could incorporate a few of those things into something people will pay for. Maybe there is a way that already exists to do this. Maybe you will have to create your own way to do it and if that is the case imagine that too. Do this several times with several combinations of your interests and likes. One combination will soon stand out as a way to serve a number of people for an abundant amount of money. If you need money, training, schooling or certification to do it, then go out and get it!
I had lost my job when I started the vending business. I had to borrow the money to start it. I went to a banker with the numbers I had come up with on the business, but I had no collateral and not much of a credit history. The banker looked over the numbers and said this, “If you have the numbers, you have the money.” He meant if the project would pay out he would loan me the money to do it; it was only a matter of working out the details.
I am saying if you have the interest, then you have abundance; it is only a matter of working out the details.
The Deciding Vote
I have a favorite quote from Henry Ford and it goes like this, “Whether you think you can or you think you can’t, you are right.”
You decide if there is abundance or scarcity in your life, you cast the deciding vote. I can understand if you doubt it, but I assure you that statement is true. In 2006 I met a poor young man that would not take no for an answer and I returned five years later to see him prospering in one of the poorest countries in Africa. What was different about this man that gave him abundance in a land where so many have so little? Certainly not his circumstances, his father died while he was young, he had no formal education, he supported his mother and sister and the first time I saw him he had only the clothes on his back. Five years later he had a chain of small stores, a house better than most and a car to drive. The reason? The man cast his vote for himself, believing that abundance for him was possible and equipped with that knowledge he went to work finding a good place to mine.
For goodness sake when it is time for you to vote, vote for you and your success!
The Law Of Attraction
You hear a lot about attracting wealth. I agree that you can attract wealth, but I find it is a bit different than commonly advertised. You don’t just sit on your couch and think about wealth. Do that long enough and they will come and get your couch!
We don’t attract what we want, we attract what we are.
If your nature is a begrudging one and you are convinced that you are doomed to a life of scarcity guess what you will attract? You will attract only more scarcity with a side helping of doom and gloom. Think about it, given a choice would you promote a person like that? Who would you want to work with or spend your money with, the person that is cheerful and thinks abundantly or the person that thinks there isn’t enough to go around, spreads doom and gloom and barks at anyone that suggests the sun might shine? The cheerful and positive person wins in that contest every time.
Think abundantly, act abundantly, serve with abundance and you will soon find more abundance, since you attract what you are you will literally attract it. Live abundance and you will attract abundance. Show a little persistence, since it takes the mail a little while to deliver, but it is on the way!
Here is a verse from the good book on attraction:
Luke 6:38 KJV
Give, and it shall be given unto you; good measure, pressed down, and shaken together, and running over, shall men give into your bosom. For with the same measure that ye mete withal it shall be measured to you again.
What To Do To Find Abundance
My father would sometimes come home with these delicious wild mushrooms. Where did he get them? He found them in the woods. How did he find them? He looked for them. He found a lot more of them when he looked for them than when he didn’t look for them. I find that works with everything.
Look for your abundance. Start with your interests and your hobbies. Maybe you like people. That could be worth six figures in income or even more as a salesperson. You could make a very good living mining your desire to help people by helping them find the exact thing they are looking for through sales. It could be worth the same in the medical field helping people recover from illnesses. People pay for people to help them, that alone is enough for me to like people!
Have you ever heard of someone that had a million dollar smile? For a movie star or a politician that smile could be worth a million dollars, even millions of dollars, but if they never mine it and stay behind closed doors that rich ore will never get to market. Where are you hiding your fortune? What million dollar interest or talent do you have that you are hiding away while you scrape by financially?
Surveys indicate that about 70% of Americans don’t like their jobs. The number is similar in other modern countries. How much abundance do you think these people will find in a job they don’t like? I wondered about that and found other surveys that indicate the people that are the happiest in their jobs are some of the highest paid people in the workforce. I know there are people that enjoy their volunteer work or their low paying job where they can serve others and that is great, I am just saying that if you are looking for money we know that financial rewards and long term success goes along with happiness.
What To Do Next
So if you are looking for abundance what do you do next? Start literally living abundance and you will attract abundance. Be abundantly happy to help people and some of them will be happy to help you find abundance, not all, but enough. Believe in an abundant universe where there is plenty for you and you will see that is true. When it comes time to vote, then vote for you by believing you can do whatever task is in front of you.
Most of all, look for your abundance in your interests and the things you enjoy.
If you do these things I know I will soon be hearing your story of abundance.
Where to Find Those Efficient and Hardworking Affiliates?
Everyone wants a hardworking affiliate, employee, associate, partner, or even spouse, and why not? It’s the next best thing to doing the work yourself. However with the massive outbreak of work and income opportunities available online, how can you beat everyone else and find that one (or more) ideal person who will make your online business explode with success? Here are some of the most ingenious and uncommon ways to snag the idea affiliates for your affiliate program
Direct Sales Agents
Direct sales people are really one of the most enterprising, hard-working individuals in business. They mostly work on commissions or rebates and are willing to literally go door-to-door offering their products to anyone and everyone they bump into. Imagine how much easier their job would be if they could be an affiliate and simply work via the Internet and a mobile device or desktop.
Also, most direct sales people tend to carry more than one brand in their product arsenal so signing up as an affiliate would be almost the same type of work but using a different approach.
Colleges and Universities
Many college kids would be interested in a part-time income opportunity if it would mean funds to help pay for their education, loan, or partying. All you have to do is make sure to offer them products they can endorse as a student.
Did you know that the U.S. Census Bureau’s latest annual report show that 75% of U.S. businesses used freelancers in 2011? Freelancers earned a whopping US$990 billion in 2011 which is a 4.1% increase from the previous year. The only industries where the number of freelancers decreased were in insurance, finance, and construction. Most probably your affiliate program isn’t a part of these 3 industries.
Furthermore, online business and finance experts are predicting the growth to increase incrementally every year even with an economy that is improving. People just want income security and more control over their earnings. With the spate of lay-offs, it’s understandable why many would prefer to work as an affiliate than as an employee.
Scout For Them At Affiliate Conventions
There are annual affiliate conventions held in different cities around the country. You should try to catch one when it is held somewhere near your location. The average turn-out for these types of conventions has increased regularly over the years. Last year, many of them were sold out weeks before the event.
The US Census Bureau has said that as of 2012, 15% of Americans are poor, 43% of young adults depend on their parents to some extent for money. Even more surprising is that the median income of young adults in 1982 was $31,583 and last year it was $30,604 for the same age group! Income is dropping and people are looking for ways to earn additional income outside of their 9 to 5 jobs. That’s where you can come in playing the hero and helping others realize their dream income.
Finally, go online and talk about your product. Make the affiliate marketers come to you and have the luxury of picking the best candidates. You will need some help in marketing your affiliate program so target a marketer who’s experienced in affiliate program and SEO.
Recession Is Here… Six Costly Mistakes Home Sellers Make During Recessions And How To Avoid Them
The U.S. is officially in a recession. What is a recession? A recession is a business cycle contraction or general economic decline due to significant drop in spending and other commercial activities. Most pundits and politicians will blame Covid-19 crisis for the recession, but even pre-Covid-19 the proverbial writing was on the wall.
The U.S. had over 120 months of economic growth, which was the longest expansion in the modern history. Other indicators, such as negative yield spread on treasuries (long term bonds having lower interest rates than short term T-notes), were pointing to an imminent change of the economic cycle and an impending recession. The only real question was: when and how bad?
Then Covid-19 came… If the cycle was going to change anyway, Covid-19 acted as a huge and unexpected accelerant to make the recession much more immediate and severe.
Inevitably during recessions all classes of real estate, including residential homes and condominiums, will be negatively impacted as lower consumer spending and higher unemployment rates affect real estate prices and marketing times.
Here are the six costly mistakes home and other real property sellers make during recessions and how to avoid them:
Mistake #1: This will pass and real estate market will be hot again soon
First thing to remember is that real estate cycles are much longer than general economic cycles. Even if the general economy recovers, which eventually it always does, a typical real estate cycle takes as long as 10 to 15 years. The cycle has four key stages: Top, Decline, Bottom and Rise.
Let us consider the last real estate cycle, which lasted approximately 14 years:
- 2006 – Prices hit the Top
- 2006 to 2012 – Prices Decline
- 2012 – Prices hit the Bottom (Trough)
- 2012 to 2019 – Prices Rise*
- 2020 – Prices hit the Top
- 2020 to? – Prices Decline
*NOTE: In 2016 the national residential real estate price index reached its pre-recession 2006 peak levels. It took 10 years for the real estate market to recover.
The way to avoid this mistake is to recognize that real estate cycles take years to run and plan accordingly. Additionally, nobody knows for sure when the prices will hit the top or bottom until after the fact.
Mistake #2: Low interest rates will make the economy and real estate market rebound
Between 2006 and 2011 the interest rates (Fed Funds) were continuously cut by the Federal Reserve Board and went from low 5% to almost 0%. However, that did not stop the real estate recession and depreciation of property values.
Undoubtedly, low interest rates made the economic decline and real estate recession less severe and saved some properties from foreclosures, but it still took six painful years for the real estate market to hit the bottom and then four more years for the prices to go back to their pre-recession levels.
Some markets had never fully recovered. For example, residential home prices in some parts of California, Arizona and Nevada are still below their 2006 highs.
To avoid this mistake, one needs to realize that although low interest rates help stimulate the economy and the real estate market, they do not cure them.
Mistake #3: I don’t need to sell now, so I don’t care
If you do not need to sell until the cycle plays out, which typically is over ten years, then you will not be as affected, especially if you have a strong equity position, limited mortgage debt, and solid liquid assets.
However, it is good to keep in mind that “life happens” and either professional or personal circumstances can change and we may need to sell property before the downturn runs its course.
Furthermore, if a property has a mortgages and its value declines to the point being “upside down,” meaning the mortgage loan balance exceeds the value of the property, then the options of selling, refinancing or even obtaining an equity line of credit, will be significantly limited.
This does not mean that everybody should be rushing into selling their real estate if there is no need to do so, just keep in mind that circumstances may and often do change and property options will be affected, so plan in advance. As one wise proverb says: “Dig your well before your thirst.”
Mistake #4: I’m selling, but I won’t sell below my “bottom line” price
This is a common and potentially very costly mistake. Generally speaking, every seller wants to sell for the highest price and every buyer wants to pay the lowest price. That’s nothing new. When selling real estate, most sellers want to achieve a certain price point and/or have a “bottom line.”
However, it is important to understand that the market does not care what the Seller, or his/her Agent, think the property value should be at. The market value is a price a willing and able buyer will pay, when a property is offered on an open market for a reasonable amount of time.
Overpricing property based on Seller’s subjective value or what is sometimes called an “aspirational price,” especially in a declining market, is a sure first step to losing money. When a property lingers on the market for an extended period of time, carrying costs will continue to accumulate and property value will depreciate in line with the market conditions.
Additionally, properties with prolonged marketing times tend to get “stale” and attract fewer buyers. The solution is to honestly assess your selling objectives, including the desired time-frame, evaluate your property’s attributes and physical condition, analyze comparable sales and market conditions, and then decide on market-based pricing and marketing strategies.
Mistake #5: I will list my property for sale only with Agent who promises the highest price
Real estate is a competitive business and real estate agents compete to list properties for sale which generate their sales commission incomes. It is not unusual that Seller will interview several agents before signing an exclusive listing agreement and go with the agent who agrees to list the property at the highest price, often regardless if such price is market-based.
Similarly to Mistake #4, this mistake can be very damaging to Sellers, as overpriced properties stay on the market for extended periods of time costing Sellers carrying expenses such as mortgage payments, property taxes, insurance, utilities and maintenance.
Furthermore, there is the “opportunity cost” since the equity is “frozen,” and it cannot be deployed elsewhere till the property is sold. However, the most expensive cost is the loss of property value while the real estate market deteriorates.
During the last recession, we have seen multiple cases where overpriced properties stayed on the market for years and ended up selling for 25% to 40% below their initial fair market values.
The solution is to make sure that your pricing strategy is based on the market, not empty promises or wishful thinking.
Mistake #6: I will list my property only with Agent who charges the lowest commission
Real estate commission rates are negotiable and not set by law. A commission usually represents the highest transactional expense in selling real properties and is typically split between Brokers and Agents who work on the transaction
Some real estate agents offer discounted commissions, in order to induce Sellers to list their properties with them. But does paying a discounted commission ensure savings for the Seller? Not necessarily.
For example, if the final sales price is 5% to 10% below property’s highest market value, which is not that unusual, due to inadequate marketing, bad pricing strategy, and/or poor negotiation skills, it will easily wipe out any commission savings and actually cost the Seller tens of thousands of dollars in lost revenues.
The solution is to engage an agent who is a “Trusted Advisor,” not just a “Salesperson.” A Trusted Advisor will take his/her time and effort to do the following: 1) Perform Needs Analysis: listen and understand your property needs and concerns; 2) Prepare Property Analysis: thoroughly evaluate your property and market conditions; 3) Execute Sales and Marketing Plan: prepare and implement custom sales and marketing plan for your property; and 4) Obtain Optimal Results: be your trusted advocate throughout the process and achieve the best possible outcome.
Finding such a real estate professional may not be always easy, but it certainly is worth the effort and will pay off at the end.
In conclusion, this article has outlined six costly mistakes real estate Sellers make during recessions and how to avoid them. The first mistake is not understanding that real estate cycles are long and take years. The second mistake is a misconception that low interest rates alone will create a recovery. Another mistake is not realizing that circumstances may change and not planning in advance. Mistakes number four, five and six pertain to understanding the market value, proper pricing and selecting the right real estate professional.
By understanding and avoiding these mistakes, real estate Sellers have significantly better chances of minimizing the negative impact of a recession while selling their properties.
Useful Tips To Build The Best Gaming Computer
Every gamer will want their computer to be the best gaming computer among their peers. Sometimes, with a little knowledge and tips and tricks, it is possible to build the best gaming computer and show it off to your peers. This article will show you how:
1) You can’t get the best gaming computer from computer retailers
If you want to get the best gaming computer, you have to build your own. Different gamers have different requirement for their gaming machine. Unless you are willing to pay a high price, you will not be able to buy a commercial computer that fulfills all your gaming needs. The only option you have is to build your own gaming computer.
2) You don’t have to be rich to build the best gaming computer
It is not necessary to burn a hole in your pocket to build the best gaming computer. With some due diligence, do some market research and compare prices around the marketplace. Merchant such as TigerDirect and NewEgg give regular discount to their products and you could save a lot of money if you catch them during their promotional period.
3) Most expensive parts do not have to be the best part
Sometime, the latest model or the most expensive model does not have to be the best part for your computer. It requires various components to work together to form the best computer system. When choosing a computer part, what matters is how well it can integrate with the rest of the components. Compatibility is more important than individual performance. What use is there if you spend lot of money on the latest quad-core processor and find that your motherboard doesn’t support it?
4) You don’t need to change the whole PC to own the best gaming computer
It is a misconception that you have to change the whole gaming machine to build the best gaming computer. If you already have a good barebone system, what you need to do is to upgrade the necessary parts and your gaming computer can roar back to life instantly.
5) Brand is important
Unless you want to see your computer system malfunction every few days, it is important that you purchase the parts from branded manufacturers with strict quality control. Motherboard brand such as Gigabyte, ABIT, ASUS are some quality brands that you can consider
If you follow diligently to the tips stated above. You will be on your way to build the best gaming computer. While price can be an issue, it is better not to scrimp on important computer parts such as motherboard, CPU, RAM and graphics card as it will cost you more to upgrade in the future.
Where to Find Those Efficient and Hardworking Affiliates?
Recession Is Here… Six Costly Mistakes Home Sellers Make During Recessions And How To Avoid Them
Useful Tips To Build The Best Gaming Computer
Generation Z and What They Mean for Your Marketing Campaign
Contemplating The Cloud: A Viable Solution For Everyone
News6 months ago
Law Embracing ‘Misrepresentation’ In Contracts
News6 months ago
Three Simple Ideas for a Small Town Bowling Alley to Increase Profits
News6 months ago
Comments: A Beginner’s Guide to Flipping Houses
News7 months ago
Commercial Gym Equipment – The Best Alternative to Private Equipments?
News7 months ago
How a VA Refinance Home Loan Can Be Useful to You
News7 months ago
6 Top Tips On How To Choose The Perfect Comprehensive Study Guide For Naplex Exams
News7 months ago
70 Romantic Phrases That Make Men Fall Deeper In Love
News7 months ago
What’s So Special About EyeBobs Reading Glasses?