Dec 29

Get the help you need to see your path to financial freedom

At the time, it felt like 1985 was the worst year of our life. But in hindsight, it was the beginning of our best years.

We were flat out broke. Between the two of us, Kim and I had about $400,000 in personal debt, most of which I owed to creditors due to the loss of my first business—and the interest was making that number grow fast.

What little savings we had was gone in three months, and for a short period of time, we were homeless. To survive, we maxed out every credit card we had, which meant our debt was growing even more.

Our most valuable lessons

We were tempted to declare bankruptcy and start over, but we didn’t. We chose to learn the important lessons that paying back the debt would teach us. By 1990, we were out of debt, and a few years later, we were financially free. Today, we’re worth over millions.

We are richer, not just because we have a lot of money—but also from the experience and the lessons we learned digging our way out of debt. The following are the six essential and easy tips we learned from our experience that can help you also eliminate your debt and get richer.

Tip #1: If you have credit cards with outstanding balances, keep only one or two credit cards in your wallet.

Keep the other cards out of sight, preferably in a safe or a safety-deposit box. Any new charges you add to the one or two cards you now have must be paid off every month. Do not incur any further long-term bad debt.

Tip #2: Come up with $150 to $200 extra per month.

When Kim and I were in our toughest times financially, we learned how to hustle. We worked odd jobs here and there, all while working on building our own business on the weekends. It wasn’t hard to earn a little extra money here and there. We simply had to keep our mind open to the possibilities around us. If you cannot generate an additional $150 to $200 per month, then your chances for achieving financial freedom may only be a pipe dream.

Tip #3: Apply the additional $150 to $200 to your monthly payment of ONLY ONE of your credit cards.

Pay the minimum PLUS the $150 to $200 on that one credit card. Pay only the minimum amount due on all other credit cards. Often people try to pay a little extra each month on all their cards, but those cards surprisingly never get paid off.

Tip #4: Once the first card is paid off, apply the total amount you were paying each month on that card to your next credit card.

Pay the minimum amount due on the second card PLUS the total monthly payment you were paying on your first credit card.

Continue this process with all your credit cards and other consumer credit such as store charges. With each debt you pay off, add the full amount you were paying on that paid-off debt to the minimum payment of your next debt. As you pay off each debt, the monthly amount you are paying on the next debt will increase.

Tip #5: Once all your credit cards are paid off, continue the procedure with your car and house payments.

If you follow this procedure, you will be amazed at the shortened amount of time it takes for you to be completely debt-free. Most people can be debt-free within five to seven years.

Tip #6: Now that you are completely debt-free, take the monthly amount you were paying on your last debt and put that money toward investments.

That’s how simple it is.

The good news is you don’t have to do this alone!

When Kim and I were getting out of debt and on the path to making millions, we had friends and advisors every step of the way. We believe so strongly in the power of a community, that we’ve spent our lives building a company that provides for countless others the same help and encouragement we had.

You can start getting out of debt—and getting richer—today!

If you’re ready to take control of your financial future, our newest QuickStart program is here to help.

Learn proven principals and strategies—like the six I just shared—that Kim and I used to erase $400,000 in bad debt.

Now is the time to take action. Don’t wait.

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

 

Contributor: Robert Kiyosaki.
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Dec 23

If you wish to expand beyond a monthly paycheck you can always start a part-time business to learn the necessary skill set  to add the most amount of value to your target group. Starting your business is going to be one of the most difficult tasks you can have in your life.  However if you learn how to build the confidence in yourself and your product you will be prepared to face any obstacle standing in your way. In this video we shared a couple of strategies to help you build confidence to sell your product.

Thank you for watching and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you watched the whole video there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

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Dec 22

Building real wealth by building businesses

I love to travel around the world speaking about starting and building businesses. It’s encouraging to see that the spirit of entrepreneurism is growing among young people today. But I don’t believe that starting a business is just for the young.

I believe that you’re never too old and you’re never too young to build a business. It’s true that Bill Gates was very young when he started Microsoft, but Colonel Sanders was 66 when he started Kentucky Fried Chicken!

Regardless of whether you’re old or young, however, it’s important to understand why you should build a business. Rich dad said, “There are three reasons for building a business rather than simply creating an asset.”

Providing access to cash flow

In his book, How to Be Rich, Paul Getty states that his first rule is that you must be in business for yourself. He goes on to imply that you will never get rich working for someone else.

One of the reasons rich dad started so many businesses was that he had excess cash flow from his other businesses. He also had the time because his businesses required minimal effort on his part. This allowed him the free time and extra money to keep investing more and more assets tax-free. That is why he became rich so quickly and why he said to “mind your own business.”

Selling the business

The problem with having a job is that you cannot sell it, regardless of how hard you work.

“For something to be valuable,” said rich dad, “there must be many more people than you who want it.”

When I was working for Xerox in 1975 as a salesman, I met a young man who owned four quick copy shops in Honolulu. While in school, he had run the university’s copy shop and learned the business side of the operation. After school, there were no jobs. So, he started his own copy shop, eventually growing his business to four locations in bigger downtown office buildings with long-term leases.

A major copy chain came to town and made him an offer he couldn’t refuse: $750,000, which was a lot of money in those days. He took the money, bought a boat, gave $500,000 to a professional money manager, and sailed around the world. When he returned a year and a half later, the money manager had grown his investments to $900,000. So, the man just sailed off again.

I was the guy that sold him copy machines for a small commission. He was the guy who built the business, sold it, and sailed away.

Taking it public

This was rich dad’s idea of becoming what he called “the ultimate investor.” It was building a business and taking it public that made Bill Gates, Henry Ford, Warren Buffett, Ted Turner, and Anita Roddick very, very wealthy. They were the selling shareholders while we were all buying the shares. They were the insiders, while we were outsiders trying to look in.

In the end, building a business is one of the most exciting and rewarding things you can do in life…and it can really pay off. As rich dad said, “As a business owner, you don’t have to be right 51 percent of the time. You need to be right only once.” He also said, “Building a business is the riskiest road for most people. But if you can survive and keep improving your skills, your potential for wealth is unlimited. If you avoid risk and play it safe on the E and S side, you maybe safer, but you’ll also limit what you can truly earn.”

Ready to take the leap? Join our free, online community now!

Thank you for reading and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you read the whole article there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

Contributor: Robert Kiyosaki

 

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Dec 19

How do you communicate with your team? The answer for this question is  significantly important for your career. Based on my experiences working with partners and clients from abroad I learned that you must be consisted in your communication efforts in order to avoid awkward situations such as delay on deadlines, no control over what your team is working on , your programer is not typing the right codes into your system and so on.

We went through these situations ourselves and we also managed to find a solution to avoid this once and for all. That’s why I made this episode thinking of my business partners and clients from abroad. Watch now and learn how to gain control over your daily operations.

Thank you for watching and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you watched the whole video there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

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Dec 18

On the episode of today we talk about growing and building a business. We understand you have a burning desire to grow and provide a better life for you, your family and friends but we also understand  your lack o experience in creating assets. This lack of experience can result in financial risk, ill health, family issues and a handful of problems you want to learn how to deal with. Here I’m going to share a few options you have If you ever wish  to become an entrepreneur:

  1. Brick and mortar business model.
  2. Franchise business model.
  3. Online business model.

6 years ago we started our first business online just me, my girlfriend and a burning desire to create value to the market.  This quote summarises my entrepreneurial experiences:

“Entrepreneurship is living a few years of your life like most people won’t so that you can spend the rest of your life like most people can’t.”

We believe there is an abundance of information out there for you to make an informed decision to take your life to the next level. If you wish to understand more about this industry and how we got from broke students to international business owners our team will happily assist you.   Or click here and watch this free video training about Online Business Models: http://meetpb.com/phcbrinternational

Thank you for watching and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you watched the whole video there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

 

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Dec 17

During your entrepreneurial path you will certainly go through moments of pressure, anxiety, happiness, drama, problem solving and a few others. Do not let these thoughts kill your ambition, persist without exception, believe and you shall receive. The confidence you gain by solving problems will create in you the ability to see the unseen.

Thank you for watching and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you watched the whole video there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

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Dec 15

It’s often easier to start a new business while you’re still doing your day job, following a hunch that whatyou love might be just what a lot of customers out there are willing to pay for!

I sit in the lucky position as an investor/shark on the popular ABC show Shark Tank where I listen to hundreds of young entrepreneurs pitch me their businesses. To date, I’ve invested a few dozen, and some of them have succeeded well beyond my expectations! Many of my most successful entrepreneurs came up with their new business idea the same way they turned their personal interest into a brand new business while they were holding a full-time job.

Jim Tselikis and Sabin Lomac are cousins from Maine and grew up eating fresh Maine lobster. Jim worked as a medical sales rep in Boston, while his cousin sold real estate in Southern California. Simply because they loved lobster, they decided to rehab an old food truck and start selling lobster rolls on the weekend and voila– Cousins Maine Lobster was born! In their first month of business, Jim and Sabin sold $30,000 in lobster rolls and two months later they quit their jobs to charge full-time into their brand new business. Two years later, Sabin and Jim already have three trucks, 12 franchises in eight cities, and a huge on-line “shore to door” distribution business. Their personal interests and brief weekend job exploded into a hugely successful business.

Tiffany Krumins was working as full-time nanny in Auburn, Georgia and volunteered at a local cancer clinic for children. It broke Tiffany’s heart to see the children cry when they had to take their medicine eight times each day, so she made a clay model of an elephant with a medicine dispenser hidden inside. When the kids pressed a button, they heard the happy recording in Tiffany’s own sweet voice — “Ready? One, two, three! … Good job!” – cheering the kids on. The children happily swallowed their medicine.  Four years later, “Ava the Elephant” is sold in almost every large pharmacy in America and is distributed at clinics across the nation. The clever inventor turned her part-time passion into a full-fledged business.

Kim Daisy of Spartanburg, SC loved baking cakes, just like her mother and grandmother before her. While she was a full-time mom, she made cakes to raise funds for her local junior league. Once word of her cakes spread outside Georgia, Kim couldn’t keep up with the orders! She made an old-fashioned cake tin to freeze and ship her Daisy Cakes to customers outside of Georgia. As Kim’s last child headed off to college, she started building “Daisy Cakes” full-time. Her business is in its fourth year, selling thousands of cakes online to customers nationwide. Last year, sales hit $2 million and she’ll double her volume this year. Daisy Cake’s secret sauce was that she started her new business as a sideline.

Most new entrepreneurs quit their day jobs before starting a new business. From what I’ve witnessed, it’s so much smarter to start a new business with all the time constraints of a full-time job.

Thank you for reading and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you read the whole article there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

Contributor: Barbara Corcoran  

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Dec 11

Moving beyond money when it comes to entrepreneurial motivation

I’m often asked in regards to money and business, “How much is too much?” or “How much is enough?”

The people who ask such questions are often those who have never built a successful business that made a lot of money. If they had built a successful business, they would never ask such a question. I’ve also noticed that many of these people are also in the E and S quadrants of the CASHFLOW Quadrant.

Building a business is an adventure

When I formulated my plans to build my first business, rich dad was adamant about the spirit with which I undertook this new adventure.

“You build a business because of the challenge,” he said. “You build a business because it is exciting, it’s challenging, and it will require everything you’ve got to make it successful.”

Building a business builds spirit

Rich dad also wanted me to build a business in order to find my entrepreneurial spirit.

“The world is filled with people with great ideas,” he said, “but only a few people earn great fortunes from their great ideas.”

He encouraged me to start a business, any business, no matter whether I liked the product or not. He was not concerned about whether I failed. He simply wanted me to start. One of his favorite quotes from Albert Einstein was, “Great spirits have always encountered violent opposition from mediocre minds.” He wanted me to start a business simply so I could challenge my mediocre mind and develop my entrepreneurial spirit.

Building a business takes everything you have

A lot of people have a goal of becoming an accredited investor, which takes $200,000 a year in earnings. To some people, that is a lot of money, but it is not a reason to start a business.

In all honesty, the risks in starting a business are too large for such a small amount of money. If you decide to start a business, don’t do it for pennies on the dollar. The risks are too high for a payoff so small. Do it for a much bigger payday. Why? Because building a business will demand everything you have to make it successful. You can make $200,000 as an employee with a lot less stress and risk. Building a business requires you to have a higher goal in mind.

Building a business is a life of love

That being said, while money is important, it’s not the primary motivating factor for building a business. I think the question, “Why would you start a business?” can be best answered by asking the same question in another way. “Why would you keep playing the game of golf?” The answer is found in the spirit of the game.

Today, I have friends who have sold their businesses for millions of dollars. Many of them take a few months off, and then they are right back in the game. It is the excitement, the challenge, the spirit, and the potential for big payoff at the end that keeps these entrepreneurs going.

Building a business is a life of love, powered by the entrepreneurial spirit.

Is your spirit pushing you towards owning a business? Don’t hesitate any longer. Join our free, online community today.

Thank you for watching and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you watched the whole video there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

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Dec 10

When you hit the place you start thinking about quitting you will remember this short story: Watch!

Thank you for watching and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you watched the whole video there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

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Dec 09

If you wish to become an entrepreneur I suggest you take your pen and paper out and start taking some notes. If you follow the conventional way of starting a business you might end up stressed out trying to build a business plan. In this short video I shared a few strategies that we believe to be helpful and simple. The goal is to stimulate your entrepreneurial side to be more about happiness than profiteering. One of the most important lessons I’ve learned is that sometimes  you have to trust your gut  feeling rather than the business plan. Watch Now!

 

 

Thank you for watching and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you watched the whole video there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

 

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"If something is going to affect your life, it's best to know as much as you can about it." - Donald J. Trump
 

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