thekingofoutsourcing.com

What Do All Companies Have In Common?

Tue, 18 Nov 2008 17:35:34 +0000

They Outsource Portions Of Their Business

Never in the history of mankind has it been easier to make money and grow your business world wide. In today’s online business world, there are many tasks that one must do to stay competitive. The key to owning your market is to develop a key team by outsourcing most of your work.

Think about all the areas that you lack the expertise to take your business to the next level. Most people accept this as the way business is done, while the top 3% find outsourcing partners to do those exact tasks in order to compete on a much larger scale.

If you have heard the high end internet marketers (those making $ 15 million or more per year) speak of things you need to do to drive your business you probably felt overwhelmed. Don’t be, what they did not tell you is that they do not do this themselves they outsource it overseas and have someone do it for them.

The first step to controlling your business and exploding your profits is to create a list of your CEO Money Tasks. Your CEO Money Tasks are the tasks within your business that you as the CEO must direct in order to maximize your profits and grow your business. For each business there will be some CEO Money Tasks alike and some that are unique. This list of tasks will be the most important list of tasks you have ever written down.

There is an old saying, "You are probably too busy earning a living to become wealthy!". There is a lot of truth in this saying. You as the CEO must step back and control your business and concentrate on making money and building your empire. If you stay in the weeds, you probably won’t even see your competition coming.

Your goal must be to work less and earn more money! Hard work does not mean you are maximizing your income or revenue streams. If you only have one income or revenue stream then you are in for a rough times. You must begin right now to develop multiple income streams that compliment your current business. By developing these additional income streams you will enhance your reputation and expertise.

If you are new to outsourcing you can go to www.elance.com, www.guru.com, www.rentacoder.com and sign up for a free account. You can search for an alike project and do some research inside each of these sites. This will give you a ground floor look at getting started.

The key will be for you to pick a small project (max of $ 75) and get your feet wet. It needs to be something that makes you money not busy work. In every business your goal is to be profitable as fast as possible. Outsourcing is absolutely no different.

Remember to get your CEO Money Tasks Listed, then prioritize the tasks and begin to outsource. You will see a huge difference in your thinking and your business within a few short months. Your outsourcing ability will directly tied to what extent you explode your profits.

Your Single Biggest Success Factor!

Tue, 18 Nov 2008 06:45:34 +0000

You Must Do $ 200 Per Hour Work

Outsource The Rest!

The single biggest factor that is holding people back from achieving their goals and dreams is they are trying to do everything! Here is a secret….DON’T DO IT! I do not care who you are or what knowledge you have, there is always someone that can do the job as good or better than you. Get rid of the ego and outsource your busy work.

I deal with this everyday with my clients. They feel that they need to do everything in their business in order to achieve success. When in reality this is totally false. You must be the person in charge directing all aspects of your business but you cannot do this when you are living in the weeds.

The first person you need to hire is a Virtual Assistant…Period. Before hiring this person, you must develop a daily schedule of tasks to perform each day for your new virtual assistant. This virtual assistant should be doing your busy work but must bring in income from these tasks immediately. Some people want to hire them for a couple of months and then see money coming in….Absolutely the wrong idea. They pay for their keep IMMEDIATELY.

If they cannot perform your requirements get rid of them and find another. Your success depends on finding a free thinker that is dedicated to growing your business. If you do your homework prior to hiring them you should have a 85% or higher success rate with your first person you hire. I personally look for someone that I can train to later take over as project manager as the business grows. Once you have this person trained on one task, give them another and another. You should be challenging them each and every day.

Make sure you communicate with them on a daily basis. Have them send you an email at the end of their day. They should be telling you what they accomplished for the day and what they will do tomorrow. Track this against the goals that you have set for them and keep them on the right track. Over communicate until they understand your thinking and your style. This will be critical to building a rock solid relationship with them.

If you are not sure what to outsource, find a Global Mentor to teach you the outsourcing ropes. This will cut down on your learning curve and get you focused on what you need to to. The sooner you get this in place the sooner you will explode your profits and I guarantee you will have more fun with your business.

I great website to use with your outsourcing is www.basecamphq.com. This site will assist you in communicating with your Virtual Assistant.

We wish you the best of luck in your future outsourcing journey.

The King…

Act Now – Claim Your Financial Freedom

Wed, 05 Nov 2008 12:14:30 +0000

School Of Financial Freedom

It’s A Mindset

Congratulations as you are about to learn an amazing concept. A concept that is not taught in school, college or in most homes on this planet. This concept is so amazing that once you practice it and put into your action plan for life, you will be well on your way to achieving your dreams.

We are trained in school to think a certain way. Only the Rich and Wealthy teach these techniques to their children. They do this because they understand this concept is critical to their family’s financial success.

This concept is not for everyone. If you would rather sit on your couch and watch TV tonight and every night, then you can reading this article now. You see everyone on this planet has the same 24 hours in a day. This concept is for people looking for a better life but just have not been able to accomplish it.

Then why do some accomplish so much more. It is actually quite simple. It is through the power of leverage and mindset. I am sure you have heard of leverage before but it takes both Leverage and Mindset. These people have figured out that they must leverage their time in order to reach greatness.

So get your pencil and notepad out because we are getting ready to ROCK your world.

Leverage works like this. Let’s say you buy a franchise and you and your wife work this business. On an 8 hour day, your business is getting 16 hours per day of work. This would be you and your wife at 8 hours each.

Now let’s say that you hire 8 more people to work this business with you. You now have 10 people working 8 hours per day or 80 hours per day going into your business. This is a very simplistic example of leverage but I think you get the idea.

Now let’s talk about the mindset you need to develop in order to reach your dreams.

Do you understand that there is a huge difference between items purchased by the financially challenged, the Retirement Accounters and the wealthy? This difference is critical to understand if you are to change your life and achieve more.

I remember when I first learned of this concept; it knocked me off my feet. I asked myself, why haven’t I heard of this before? When you learn of this is not important, but the important part is that you are learning now. You will no longer have an excuse and be able to say “I didn’t know that”.

In order for me to show you precisely what I mean, I need to go over a few words we will be using in order to make sure everyone understands them.

These words are defined as follows:

Challenged: Individuals that will not be able to retire without the government’s assistance. This is not a negative term, just a description. The good news is if you are in this category you CAN change your life.
Retirement Accounters: Individuals that will retire but below the level they are accustomed to. Take a pay cut at retirement.
Wealthy: Individuals that retire and continue to increase their wealth even at retirement.
Income – All revenues or money that comes to you.

Expenses – All monies that you pay out.
Assets – Things you own that if make you money. A home is not an asset in our terms. Yes it will go in the asset column but it will not feed you or bring money in until it is sold. If you lose all your income tomorrow your home is now a huge liability. If you understand nothing else you must understand this.
Liabilities – Items that take money from you. Your home is a liability until you sell it.

Understanding these 7 terms can change your life… The great news is that you can always change your life for the better. Changing your current situation takes commitment and effort. Nothing good in this world comes from laziness.

Now let’s discuss the mindset of the Financially Challenged and what they buy on payday?

On the payday the Financially Challenged buy what I’m going to call Stuff. What is stuff? Inexpensive things that people buy that they don’t really need to survive. You go into someone’s house and you can’t find any counter or tabletop space in the whole house because of all the stuff on it. You can’t find a single foot of white space on any wall in their house because of all the stuff that’s hanging on it.

Where did they get this stuff?

They bought it at the flea market, at the garage sale, at the dollar store, at the craft show. Their house and their car is full and cluttered with stuff.

So income comes in on payday and then goes straight out the expense column to buy stuff. The Financially Challenged really never educate themselves on assets and liabilities. The Financially Challenged justify their buying all of this stuff by claiming that it costs so little. Yes, it was very cheap, inexpensive, not a lot of money. But over the years it’s all they ever had.

The problem is their income never produced or created more income. I know this group very well because this was me. This was the way I was raised. I in no way am cutting or undermining this group of people or any other group. I just see a lot of financial pain out there and it need not be that way. I only want to help you and hopefully you’ll pass this information onto people you care about.

Creating wealth is not a mystery; it’s a formula. The only reason someone doesn’t create wealth is because they don’t know or don’t apply the formula.

Lets continue on and look at the middleclass. The middleclass is the group that the society mistakenly thinks are the rich; they are not. Yes, they typically earn a six-figure income but what they buy on payday keeps them prisoners of the middleclass.

What they buy on payday are liabilities. Remember the definition of a liability? Things that cost you! By buying liabilities, the money gets pushed up and out their expense column. Liabilities are items like cars, boats, houses, airplanes, credit card debt.

Let me explain the way this happens. On payday, the middleclass make a nice bid pay check. Lets say 15 thousand dollars for the month; they then split that down the middle and pay their monthly expenses with half, and with the other half they make a down payment on a new car.

The car costs 7 thousand dollars down. And after they tack on the insurance and the maintenance, that liability costs them 11 hundred new dollars every single month. A few months go by and they want a boat; then a vacation home; a Rolex watch on the credit card; a vacation on the credit card.

Before you know it their liabilities have raised the expense levels to near or above their income levels. They actually spend equal to or more than they make, meaning that they have to go to work and make a certain amount of money every single month because of their liabilities.

The other important issue with both of Financially Challenged and the middleclass is that normally all of their income is dependent on their own effort. Meaning they’ve educated themselves to exchange their knowledge and expertise for someone’s money.

Here’s an example, an attorney is knowledgeable about law, so people pay him or her money in exchange for that knowledge on an hourly basis. The problem there is that if they are not the attorney sharing that knowledge with a client, then the attorney is not making any money. Their stress level is as tight as a piano string. And if you were to ask them to go to dinner with you they bare rarely can because of how much money it will cost them to take that time off.

On the surface life is merry, the reality is that it’s a roller coaster ride – that’s the Retirement Accounters.

Now lets look at what the wealthy buy? On payday, the wealthy buy assets, again an asset is something that pays you. If you want to become wealthy buy assets that then earn you more income.

The money wheel looks like this:

Buy assets that produce cash.
Take that cash and buy more assets that produce more cash.
Take that cash and buy more assets that produce more cash.

The wealthy spend their money in buying things that produce more money. Here’s a couple of examples of assets that produce more income. Investments are the obvious, stocks, bonds, and real estate. Education is another asset. If you learn how to do something and actually do it that produces more income, that’s buying an asset. Find a Mentor and learn how to be financially free.

I heard a great expression once, “if you think education is expensive, you should see how expensive stupidity is!”

Another example of assets you can buy that pay you is businesses. Specially those businesses that can create a passive income. Passive meaning that once you build it up, it pays you whether you’re still building it or not. You build it once and it continues to pay you year after year.

A little example is if you buy a pinball machine and put it in a barbershop. You don’t spend any of the profits. You save them until you can buy another pinball machine and put it in another barbershop. This by the way this was Warren Buffet’s first business. Warren Buffet by the way is one of the top two richest men in America.

The wealthy are extremely eager to find those passive income businesses because it continues to pay them month after month, year after year, long after they stop working the business.

That’s actually the way I created my lifestyle. I found a passive income business that I built up and it continues to pay me month after month, year after year. I then took those profits and multiplied them in another passive money business and then again in another.

In conclusion here’s what I have learnt, you can’t find these passive money businesses unless you’re open to hearing about them. Then once you find them be willing to research them.So these businesses are out there you just got to find them. You’ve also got to be educated enough that when the right situation does present itself you don’t miss it.

So remember,

The Financially Challenged buy stuff
The middleclass buy liabilities
And the wealthy buy assets, preferably business that can create passive money, then take that money and buy another asset that produces more money.

That’s the wealth creation formula

I sincerely hope that you’ve learned couple of things from this explanation.

Now the key is to take action.

Step 1. Set up a home budget

Step 2. Cut out buy of stuff and liabilities

Step 3. Find a Global Mentor that will teach you how to make more money. THIS IS KEY

Step 4. Dedicate yourself to your new business and decide to become financially free.

Step 5. Enjoy your life.

Claim Your New Life Style Here

Never Before In The History Of Mankind!

Thu, 30 Oct 2008 21:46:16 +0000

Something today got under my skin so I have to let it out!

Yes I know we are in tough times. The economy is bad, people owe a lot of money and are losing their homes. Times seem like they are tough and for those who stand around and watch what is happening, times are going to get a lot tougher.

The key is to TAKE ACTION. Never before in the History of Mankind has it been easier to make money. NEVER. No not get rich quick…we all know that is a lie…but making money is extremely easy, but you first must take action. You must get out of your comfort zone and change who you are. We are all in our places in life due to who we are. If we never strive to become better then the chances of us becoming better are slim.

In case anyone missed it we are now in a Global Economy. This statement alone should make it easier for you to make money. Let me explain. Once you realize and accept that you now do not need a building to have a business and that should be making more money from the internet than you ever could from a physical location, you have just learned how to make money the easy way.

The Global Economy gives you the means to reach 100s of millions of people on the internet. All we do is find out what they are looking for and then give them what they want. Helping people solves their needs, desires and wants will make you rich. Using Global outsourcing techniques will insure that you can hire highly skilled professionals across the World to assist you in beating the competition.

The down side to this is there is a steep learning curve. In order to by pass this learning curve, spend less money in creating your wealth while at the same time insuring you are protected is of primary importance. With the entrance of the internet it is now so easy to move in and out of markets and make really good money.

As with everything, the ball is in your court and you must pick it up and shoot if you are to score. Do not listen to the doom sayers out there. Take action and live your life to the fullest. Do not settle for the life you do not want. You can achieve anything you want in life. Just commit yourself to it and follow a proven leader that will take the time to teach you all they know.

Making money has never been easier. Get into the big game and do not settle for 10% of your true worth. We were born to do great things in life and you can still accomplish your goals and desires. The best part of making money is the people who you can help after you made it. Think of the good you can do with the money you will make. You must develop a why to concentrate on if you are to succeed. Make your WHY big and get in the game.

For anyone wondering this is the future of business. You can either learn it now or be left behind. Anyone interested in turning their lives around should contact me now. We are committed to assisting others in reaching their dreams.

Where Is Your Greatness!

Tue, 21 Oct 2008 21:15:32 +0000

Everyone on this planet has greatness buried within them. The problem is that our environments have taken this greatness and beat it almost out of existence. I say almost as nothing can truly kill it. Did you know that scientists can now see a positive thought? It is true.

If you are really tired of your current life style and you know you deserve more, then you must feed your greatness. You must plug into a system that will feed this greatness, nurture it, challenge it and drag it if necessary to break your current rut. It is your envirnonment that is keeping you where you are today. The information you choose to listen to, the TV you watch, the Magazines you read, the friends that give you advice, and many more external forces that keep you in your current life style.

You see you are either living life cautious or your are living life flat out. I for one choose to life my life Flat Out. I choose to create my own destiny in all I do. I choose to challenge myself in every area of my life. I choose to the best Father and Husband that I possibly can be. I do this as I feed my greatness. No I am not bragging that I am great, but I do feed my greatness. I know I can do more in my life, help more people, build better networks of believers and create a bigger group of wealth builders.

So the first step you must take is ask yourself why you are in the current situation. Really dig in and get to the truth. Then you need to devise a plan on how you are going to get out of your sitution and assist others that have the same situation as yourself. It will not be easy, but it will be fun.

Do not settle for less than you and your family deserve. We all have greatness within us, but it is up to each of us to bring it to full life and make it bigger than life itself.

Make your decision today!

Wishing You The Best,

Patrick Spielmann
The King Of Outsourcing
Stop Making Others Rich

Your Global Mentor Will Help You Build Your Income Machine!

Sun, 19 Oct 2008 22:01:05 +0000

All the hype about getting rich quick and the only person who gets rich is the person you gave your money to. Becoming wealthy is a journey and takes commitment. It is a journey of honest citizens that work together for the good of all not the one.

It all comes back to one simple concept. It is not how much you make but how much you keep. Bill Gates of MicroSoft was asked what was the single most important factor in building his empire?and he said have a basic knowledge of the American Tax Code. He understood that you need to have the help of people that know the tax codes to accelerate the growth of your business.

Do you have an income machine? One that is on all 12 cylinders and making you money? Why not! No really, why not. Did you know that each day 175,000 new websites get added around the World. This is the future and if you chose to sit back and do nothing, your failure to act will be felt by all generations to come.

You are sitting at the opportunity of a lifetime. People will be born after this period of time and say, "If only I had been born back in those days." You see, with the internet you now have the ability to reach millions of people World Wide. If you fail to take advantage of this unbelievable opportunity, shame on you as your future generations will pay a huge price.

This journey starts with you taking action and declaring that you will not be a victim but instead you will begin building True Wealth Today. Find your Global Mentor and follow his action steps and advice. Ask them to hold you accountable and push you to get out of your comfort zone.

There is no secret code that the rich have. It comes down to action steps, building your money team, and creating multiple streams of income. If you think that you can become rich off one website, the odds say your are crazy. However you can set up multiple websites for little money and reap the benefits of being an online business owner. You must make up your mind if you will join the revolution or be left behind.

You can never make excuses for your current situation ever again. By reading this article you have been exposed to an action plan that if followed will begin your journey to wealth. If you choose not to take action, you only have yourself to blame. So take the responsibility to better your life and begin to join the greatest movement on this planet.

97% of Americans that live to the age of retirement will have to be on a budget because they did not make enough and save enough money throughout their lives. This is not the way I will retire. I took a stand and I will leave my family in a better position for their future than my Mom and Dad gave me. That is the way Americans are supposed to be living. Making better lives for our family is one of the most important responsibilities we are given.
When will you decide to join the largest Wealth Building Movement in the history of Mankind?

Do You Want To Be Another Internet Statistic?

Thu, 09 Oct 2008 04:24:28 +0000

Why are thousands of people starting internet businesses and you are not??? To be successful in any business venture requires work, training, commitment and a Global Mentor. You should be building financial freedom along side your Global Mentor.

Are you willing to commit to learning a system to change your life forever? Are you willing to put in the effort that it will take become your own boss? If you answered yes, congratulations you understand that this journey will take effort. The system you should be searching for will have cutting edge technology to make your journey as easy as possible and keep you ahead of the competition.

The only way to fail is to quit trying. Many of our inventions that have change our lives forever had prototypes that did not work out. This did not mean they were failures. Having said this, do not be afraid to try new things. Having said that, it only makes great sense not to repeat others failures. This will reduce your costs to success and great speed up the process.

You have not started a home based business? What are you waiting for? Never in the history of mankind has there been a better opportunity to become financially free. Your challenge will be, How do you learn how to make money before you go broke. You see there SOOOOOOO many gimmics, misrepresentations, and out right lies on the internet that you could easily spend 10s of thousands of dollars trying to figure this out.

The great thing about the good old US of A, is that anyone can become anything they set their mind to, if you work smart and put in the effort to achieve more. Never before in the history of mankind has their been so much opportunity available to the average person. With the World Wide Web at everyone’s finger tips, you can accomplish anything you desire. Will you take the action necessary to reach your goals and dreams or will you continue to fail to prepare properly for your future.

You must track your expenses verses your income each month on the business side and personal side. You are going into business and this means knowing where you at financially each day. If you have a true mentor, they can show you systems that will do this for you easily. In addition to the tracking they can show you how to save money. If your mentor cannot do this, then find a new one. Fire THEM NOW.

I have spent hundreds of hours searching on the internet for a system that teaches people how to effectively track income Vs expenses, how to earn more money with multiple streams of income and one that teaches the fundamentals of online marketing and I have never found one. It is not enough to make money, you must be able to manage money and get your money working hard for you as well.

Most of the mentors or up line characters are over their heads. They do not have effective systems in place to assist new members and current members in reaching maximum success Do not settle for mediocrity as this is your future you are building.

Hold your mentor accountable or get a new one. They should be teaching you how to use out sourcing sites to make your fortune. The sad fact is that most up line or mentors have no knowledge of outsourcing. So what good are they to you? Not much.

Your journey to building financial freedom starts today. Do not procrastinate for it is the generations that follow you that will pay the higher price. Make your decision to be free and make it happen. It comes down to the choice you make!

Wishing you the best,

Patrick Spielmann

The King Of Outsourcing

Your Procrastination Will Be Felt For Generations!!!

Tue, 07 Oct 2008 03:12:07 +0000

Each day you are faced with expenses and costs, but it is not only the costs and expenses you see that will keep you poor and average. No it is the invisible costs that will keep you from reaching your greatness. You must understand that each day that you procrastinate the door to your Financial Freedom Closes a little more. This is not only your door but the door for you children, their children and on and on. The great wealth builders of the world know this concept and practice this every day of their lives. Whey will you take action.

What is the true price of procrastination? Did you know that 20% of US identify themselves as procrastinators? This is amazing when you really sit down and look at the true costs of this "Wealth Robber". Yes, procrastination robs you of your greatness. It keeps you in the same position in life, while at the same time keeps you frustrated with your daily life.

Here is what you are up against if you continue to rely to your current income: 330 people are turning 60 years old every hour! This means that the substantial part of the work force (that pays taxes) is moving to retirement age. The cost to average Americans will be substantial. These baby boomers will need more and more health care as they reach older age. Only 5% of Americans retiring today have achieved Financial Freedom. The rest rely on Government means, family support or significantly reduced budgets to get by. Get ready for increase in taxes….it has to happen. You are ready to give more of your money away? If not then stop procrastinating and take action immediately and find a mentor to assist you in your Wealth Building and Financial Freedom.

Stop reading this….No really stop reading and take out a piece of paper. Write down 25 things that would be different if were making your annual income in a monthly income. What are the 25 things that would be different. Some will say that this is impossible and they are right. Others will say they want to know how to do this as they know this is possible…and they are right also. You see, you are the biggest obstacle in your search for Financial Freedom. Your belief or lack of belief will either allow you to achieve more or stop you dead in your tracks. You must believe in yourself before you can reach greatness. Will you reach greatness or live like the masses. The choice is totally yours and yours alone.

Just having decided to succeed and knowing why you wish to succeed is not enough. You will need to find a mentor and life coach that will teach you how to bypass the obstacles that you will encounter. Your life coach will be able to show you systems that work and work well. Make sure your life coach is internet and software savvy, if they are not….RUN AWAY. No sense in learning old methods that have been milked for all they are worth. You want cutting edge technology working for you.

There are many methods to focus your self for success. My favorite is to make a list of your biggest time wasters These are the things in your life that do not make you money and you do because there is nothing else to do. Yes TV is the big one. Put in it on the list of things to stop doing until you have reached Financial Freedom. Then make a list of 15 to 20 items that you will do when you reach your Wealth Building goals. This second list will be the list the that keeps you focused. Make sure to put a date on each item and hold yourself accountable.

Now it is time to choose your Wealth Building Vehicle. This is the vehicle that will allow you to achieve your Financial Freedom. There some really good ones out and some that are not good at all. Here are some I would stay away from: Travel Packages…to much competition and taxes are seldom included and can be up to 25% of the total price, Software packages through network marketing opportunities…software is bottom self..no one will buy and if they do you will probably be flooded in refunds, any opportunity that says "the system does all the work"…there is no way…RUN AWAY. To be successful you will need you need to find a mentor that is using the newest technology to make money. It makes no sense to use old methods like everyone else.

Remember that your Mentor will be the single most important factor in your success. There must be a system in place that is constantly evolving and teaching you on how to become your Financial Freedom. Once you reach this zone, you will look back and wonder why you did not do this before.

The ball is in your court now. Take action immediately and see you on the beaches.

10% Of Your True Worth

Tue, 07 Oct 2008 03:11:36 +0000

How many people out there are happy to be working for 10% of their true worth? The challenge comes from these people not knowing how to get their other 90%. Robert Kyosaki (Best selling author of Rich Dad – Poor Dad) talks in his book about how the tax codes are written to give breaks to businesses so they can generate more jobs. If you are working as an employee for someone else and you are paying taxes…you are paying a taxes with very few deductions.

Never before in the History Of Mankind has their been more opportunity for people to succeed and enrich their lives. The internet has now evened the playing field. There are millions of people just like me that are now working their Dream Lives out of their homes. I traded a 45 minute commute to a 45 second commute (to my office in my home). If you truly want a better life, here is your plan.

1. Develop your asset Vs liability sheet. What are your expenses going out Vs your expenses coming in.

2. Determine how long you have to work to retire and what your retirement income will be. Here are some truths that you need to be prepared for:

a. The dollar will be worth less when you retire than it is worth now. The national debt will guarantee this.

b. You will have to spend more on health care as you get older. As you get older you will become sicker and hence have to spend more money on your health.

c. Social Security and Medicare wil not be around for you if you are under the age of 55. We have far too many elderly people retiring. This means that the amount of people who pay taxes will decrease while the amount of money we must pay on taxes will go up.

d. The Government is thinking about raising the retirement age to 70 or higher as we are living longer. This means that you will have to work longer.

e. The Global economy is forcing Corporations to outsource jobs when they can in order to compete in the World Wide market.

3. Sit down and reduce your expenditures. You need to free up some of your cash to use in what we call Good Debt. This is debt that will pay you back and allow you to see advance in your income.

4. No matter how much you make….DO THIS….go see an investment advisor and be honest with them. What they will tell you will scare you into taking action.

5. Find a Global Mentor that understands how to tap into the Trillions of dollars that are flowing in Global Economy. Make sure that you interview them.

6. When you have chosen your Global Mentor, listen to them and follow their directions. Dedicate yourself to making this happen. Agressively ask for more training and more time with your mentor. Plug into every training call they have and take massive action.

7. Continue to believe in yourself and your family and start to build that new life.

It can be done and there are 10s of thousands that are doing it right now.

8. Take out a picture of your family and ask yourself if they are worth the effort you need to give to be successful. You know the answer and it will motivate you to succeed.

We wish you all the best and see you on the beaches.

All our best,

Patrick Spielmann
The King Of Outsourcing.

Myths Of Outsourcing

Thu, 25 Sep 2008 02:24:36 +0000

Ever heard someone tell you, "Just outsource it" and then wonder what do they mean or they tell you just go to www.elance.com and outsource it. Well I am the King of Outsourcing and I will tell you that that is very bad advice. First if it was that easy to go to a website and just outsource a project, everyone would be having better success. Outsourcing can explode your profits if done right, but if you do it wrong, you can spend a great deal of money with substandard results.

Here are the top 5 Myths of Outsourcing Advice.

Myth #1. Just go to website X and post your project: you can do this but your project will probably fail or at best, be substandard and you will be disappointed. What the Guru failed to show you or tell you is the planning that they put into each and every project prior to posting it. Planning, resourcing and putting together a very specific project specifications is the key to success in outsourcing your project.

Myth #2. You do not need to learn how to do that… just go to the website X and outsource it: This continues on from the first myth and sets you up for sure failure. You see what the coder on the other end wants in the specifics. He also wants as many jobs going at one time as possible and this can cause you serious delays. So by following this advice you have just paid for a sub standard project.

Myth #3. You must have a website to be successful, so just go out and have a Web Master build your website. Over 90% of all Business owners that have websites for their business use "Dead Website" technology. If you want a Web Master to build you a website they will and it will probably look nice but the goal of a website should be to convert potential customers and make money. Most websites do not use cutting edge technology. So before you go and have a website developed, you MUST have your CEO Money Tasks identified and incorporate them into your website development plan. Once you gain this idea, now you are ready to build your super converting website.

Myth #4. You must work hard and work long hours to be successful with your Internet Based Business. Actually it is just the opposite. The more you do in your business, the less results you are likely to achieve. The concept here is very simple, you must build your CEO infrastructure and outsource as much as you possible can. If you can develop this mindset it will allow you to be the Real CEO of your business. This in turn allows you to concentrate on CEO Money Tasks to gain more income. Busy work does not put money in your pocket, you need to concentrate on those tasks that pay you. Additionally if you outsource correctly, the person you outsource to are much better at that job or task than you will ever be.

Myth #5. Pick a very successful Internet Marketer and follow their program to be successful. In theory I agree with this concept but the myth comes in when you think about a very successful Internet Marketer has hundreds of irons in the fire. The chances of them putting together a great step by step approach to outsourcing is next to nil. You need a course that will take you step by step, gives you specific tasks, gives you templates to use for projects, makes you do your homework, challenges you on your ideas and forces you to become a better business person. Use a good measurement stick before purchasing your next outsourcing product.

Now the good news is that if you take the time to learn proper outsourcing techniques you can accelerate your wealth building. Have no doubt about this…outsourcing is the Future Of Business. Will you be part of the movement or left behind? Take action now and change your life.

Outsource Your Way to Wealth,

Patrick Spielmann
The King Of Outsourcing