3 step formula for creating a retirement fund
0Who else wants to create an income and a retirement fund that keeps growing even when you're no longer working…
In just 3 steps!
Hey, have you ever heard this:
” the large print giveth and the small print taketh away”
It's the foundation of all contract law, business agreements and most marital negotiations…
I joke of course, but I have a point…
…and here it is…
Creating residual income and a retirement fund which keeps growing even when you are no longer working can be done in 3 simple steps.
It can – I promise…
BUT…
It's going to take work… That's the fine print in this case, and that's where most people will get off this train.
It's that fine print that is the reason for most people never achieving anything much at all but what they don't realize is that it's a two edged sword.
If you do the kind of work I'm suggesting it will be work but at some point you will have created residual income enough that you can stop working and live off of it.
If you don't do the kind of work I'm suggesting then you'll end up working your entire life. Never really being able to retire and live the life they always promise… government funded retirement is a myth…
If you don't do it for yourself it's ain't gonna happen.
So are you ready for the 3 steps?
Here they are:
1. Build an internet business that can run on more or less autopilot. Preferably selling a high priced information product.
2. Channel that money into cashflow positive investment property
3. Repeat…
Now don't be fooled by the simplicity of this because there are some big themes in there…
Firstly it's gonna take some time to set up the business and create the product… but you only have to do it once…
Second… You have to do this to a plan rather than build the business, start making a ton of income and then go shopping. You can't do that – you have to think clearly about what you are trying to achieve and stick to the plan.
Thirdly you are going to have to educate yourself about internet business and property investment to make this work.
We have to take a leaf out of Thomas Edisons book here who said:
“Opportunity is missed by most people because it is dressed in overalls and looks like work.”
The opportunities online are enormous and available to anyone with a computer and a few bucks to get started.
The platforms have been set up to make the whole process so much easier than it was when I started and really now all it seems to take is a little effort and a little imagination.
…and I'm pretty sure that you've got both…
so back to step 1…
1. Build an internet business that can run on more or less autopilot. Preferably selling a high priced information product.
Why a high priced product? Well while you it means a couple of important things. You are going to sell less of them than a cheaper product, that's a given…
… but if your product is 100 more expensive than the cheap one you are very unlikely going to sell 100 times more of the cheap one to make the profit the same…
There are definitely people out there who will happily pay for good information, and pay a premium.
It also means that you have fewer clients and so can pay them more personal attention, you'll have more time to spend on creating great products and this will mean that your clients are much happier which can only be good for your business.
Now Edison was reported to have tried over 300 combinations of materials to get the light bulb working but one he found the right one history was made.
There are tools online now like Google website optimizer which can help you run the tests you need to run to start making history (for you) and help you create something that will shed light on your world.
Starting to wax lyrical now but you get my point…
I started this email saying there were only 3 steps and while it was a bit of a joke because of the fine print, don't let that fine print scare you off.
It's actually much simpler than most people realise and the rewards can change your life if you manage that success well.