Rule#1 by Phil Town

Phil Town is a student of Investing Legends Warren Buffet and Benjamin Graham and their infamous Rule #1. For those new to investing, Warren Buffett is perennially in the top 3 of the world’s richest men. Obviously, he knows just a little something about the way money is supposed to work.

Rule #1 is attributed to the two laws that Warren Buffett has lived by for over 30 years.

Rule #1: Never Lose Money
Rule #2: Review Rule #1.

I know it just sounds like another sales pitch but consider the fact that a single share of Warren Buffett’s company is valued in excess of $120k.

So what in the world does Phil Town have to do with the success of Warren Buffett? Nothing. But He may have something to do with your investing success. If you were to lock Warren Buffet in a room and beat every single investing tip out of him with a shovel, you’d likely be there for years. Oh and you’d go to prison for life. Warren Buffett actually advises presidents on financial policy as well ;0)

The true magic of Phil Town’s book is that somehow he has managed to boil down over 30 years of investing wisdom down into a 5 hour read. And I’m not referring to 5 hours of “I just wanna kill myself” lawyer talk. It breaks down Buffet’s seemingly infinite investing knowledge into little bite- size chunks that will leave you stupefied by its simplicity.

Phil Town isn’t just a talker. He himself started from a mere $1000 and grew it to over $1 million inside of just five years. The methods inside this text are easy to understand and simple to implement. The hardest part for most is buying the book and cracking it open…

Rule #1 is a must read book.

Millions Of People lost in excess of 60% of their entire stock portfolio in the last  years. If only they had abided by Warren Buffet’s timeless strategy: Rule #1. If your teaching yourself to become wealthy, this book is a “must add to your library.”

Press Play Below To Get A Little More Insight into who Phil Town really is.

Get Your Copy of Rule #1 right now

RICH DAD, POOR DAD by Robert Kiyosaki

“Rich Dad, Poor Dad” is the fable-like memoir of Robert Kiyosaki who grew up in a small village in Hawaii. As a young boy, Robert’s financial knowledge was directly influenced by two polar opposites he refers to as his two dads. The first, his real dad who was a highly educated, highly paid employee on his way to becoming Hawaii’s superintendent. The other, his best friend’s father who was an admitted grade school dropout, who focused his efforts solely on building his own empire via business ownership. The book chronicles the lessons taught by his two Dads and the ultimate demise of one and the success of the other. Having both a “Rich Dad” and a “Poor Dad” allowed Robert the opportunity to choose his own mindset and ultimately empowered his ability to become the Multi-Millionaire he is today. Needless to say this book has become a worldwide bestseller… and it’s easy to see why. In the US alone, Millions of People are completely reconsidering what their children need to know when it comes to financial education. Read This Book and you certainly will too.

Doing something in someone else’s name has a distinct legal meaning that is the same under our law as well as Hebrew, Greek, and Roman law.

If you stop someone in the name of the law, it means that you have been given legal authority to stop that person, and that as a private citizen, you have no such authority.

If you donate a gift in someone else’s name, it means that they get the credit for it as if they had done it themselves. You do not get the credit for the gift.

If you put property in someone’s name, it means that they become the owner of it. You no longer control that property.
A friend of mine wanted to buy a house. Since he wasn’t going to be present for the closing, he gave me his power of attorney. I bought the house in his name. Whatever I did during the closing in my friend’s name was legally the same as if he had done it himself. I signed his name on the papers. However, that power of attorney was limited to the real estate closing and did not permit me to do anything other than acquire the property so that the title would be in his name. When it was over, I had no benefit from the transaction except my friend’s thanks.

If a wealthy man hires me and gives me a power of attorney to purchase real estate, and if I act within that authorization, I could purchase a shopping mall in his name. I would receive no benefit from that transaction, except for his gratitude and the salary he chooses to pay me. If I tried to buy a shopping center on my own, they’d laugh me out of the bank. But if I go in his name, they would do business with me.

If you appoint someone to act in your name, it means that they can act as your agent within the restrictions you impose. Jesus has empowered His followers to act in His name to do certain specified deeds: feed the hungry, clothe the naked, preach the gospel, and so on.

If you do something in Jesus’ name it means that you do it with the authority He gave you and not on your own authority, and that you act within the limits of your authorization, whatever those limits may be. You act as His agent, in His stead, to His credit and for His benefit. You have no benefit from your deeds except His thanks and whatever reward He chooses to give you.

Now we can understand the relationship between faith and works and the necessity for Christians to live holy lives.

Living a meaningful life is a lot like playing the stock market. It’s a very chancy thing for creatures like us who do not know future events. When you decide to purchase stock, you cannot know in advance which firms with a promising future are going to squander their resources in mismanagement or are going to be overcome by someone else’s superior technology. And even if you could discern what to buy, your ability to buy stock is very limited. It’s hardly thinkable that anyone of your means or mine would be able to pick a stock that we could afford to purchase that would make us millionaires by the time we wish to retire!

In fact, I once had a wealthy employer who reevaluated his stock holdings and decided to invest in something else. After ten years of following the sagest advice he could buy, the return on his money was the same as if he had put his money into a savings account at the bank! If wealthy people with superior resources can’t discern the good investments, how could we ordinary folk hope to do it?

Suppose that instead of playing the stock market with your own resources, you took a job working for a millionaire to manage his stocks. Suppose he placed his financial resources at your disposal and hired the best stock consultants in the business. Suppose he also had certain knowledge of the future, and gave you guidelines for your investment activities! Imagine what you could do with that portfolio! Of course, to have enough time for all this you would have to completely abandon all of your attempts to play the market on your own behalf and concentrate on his portfolio. You might say you’d have to die to yourself and live for him, because all your investments would be in his name and the profit would all go to his account. You would receive nothing for your work, except the reward your employer chose to give you. The reason you would do it is that his reward would be greater than any return you could realize on your own investments.

This is how salvation works. We cannot do enough good works to earn salvation simply because our ability is limited and our knowledge is limited. Talk to anyone who got mixed up in a cult or a political witch-hunt: based on their limited knowledge at the time, they thought they were doing good deeds of eternal import, but when the lights came on their deeds were revealed as evil. “It seemed so right at the time,” they say. Our limitations as human beings prevent us sometimes from knowing what is right and sometimes even the wisest of us get good and evil reversed.

We cannot earn salvation by our deeds. The chances of becoming millionaires by investing our salary in the stock market is certainly much greater.

However, we can hire on as Jesus’ slaves. Jesus is the spiritual millionaire who hires us to manage a part of His holdings. He gives us a power of attorney so that we can transact business in His name and gives us infallible guidelines through His commandments. We no longer do good deeds on our own behalf in order to obtain salvation, for all our deeds are in His name and go to His account. We work to show ourselves good stewards of His trust, confident that He will reward those who serve Him well.

It is necessary to do good works, but it is only profitable to do the works that Jesus assigns us and authorizes us to do as His agents and to conduct His business in His name. We do not work to be saved; we work because we have been saved, and strive to show ourselves worthy of His trust. How many talents have you been given? Invest them wisely! Manage them well! Don’t just put them in a safe deposit box and hide them away until His return! (Matthew 25:14-30)

If you do something in Jesus’ name it means that you do it with the authority He gave you and not on your own authority, and that you act within the limits of your authorization, whatever those limits may be. You act as His agent, in His stead, to His credit and for His benefit. You have no benefit from your deeds except His thanks and whatever reward He chooses to give you.

We are tiny creatures with very short life spans in a vast and ancient universe. Compared to God, we are like grass which grows today and dies tomorrow. It is ludicrous to think that we could ever make the right ethical choices in this life, or understand which of our deeds has eternal impact. Therefore, surrender your entire life to Jesus. Die to yourself and live as His servant, doing all things in His name.

For more great spiritual insight please visit: http://kencollins.com

It’s literally 2:44am Saturday, November, 21, 2009. I’m sitting here watching the video announcement of Oprah’s decision to end her show after 25 Years. I’m not a regular Oprah viewer, in fact I haven’t watched an Oprah episode in forever. But  as I’m watching her announcement, I can’t help but take note of why she has become such a massive success. And it comes down to one word: Relationship.

The key to Oprah’s $2.7 billion dollar empire has been the relationship that she been able to build with her millions upon millions of viewers over the last quarter century. Oprah’s recipe for success is to entertain, inform, and uplift every single one of us. Through those 3 seemingly easy steps she has become the wealthiest woman the world has ever seen.

So what can you take from this as a network marketer.

If it’s your dream to experience the success of a millionaire, your shear focus should be on entertaining, informing, and uplifting your following. The more you focus on these three aspects the faster your following will grow… and ultimately your bank account.

APPLICATION:

*Note: either grab a pen and paper and take notes or bookmark this site. This information should be ingrained into your very being. When you’re able to apply this technique automatically, your wallet is going to swell by leaps and bounds.

1) Entertain: The very first step is entertainment. Without attracting people’s attention you will never be able to inform them much less uplift them. Find a way to entertainingly attract people and they flock to your beck and call.

2) Inform: After you have gained people attention, now is your opportunity to open their eyes. Show them the things they have taken for granted or have been completely blind to. The truth is hard to close your eyes to.

3) Uplift: “Knowledge is Power” or put another way: “there is no knowledge that is not power.” Through education and inspiration people grow immensely. Be there for them. Help inspire that growth. When people “become more… they earn more…” and they’ll never forget those who were instrumental in their development.

CLOSE:

Apply these 3 steps to your blog, to your social media efforts, and even to general conversation. The people you touch will sing of your praise and others will be sure to follow.

To Our Freedom,

Ralph G Jordan IV

P.S. If you like the content leave me a comment, if you love the content share it with your friends.

So What Does It All Mean?
It Means It Is Time For You To Take Command Of Your Future. “In order to earn more, you must become more”- Jim Rohn. It sounds like a pretty easy statement but it is much deeper than you can ever imagine. The world is rapidly expanding. The disbursement of knowledge is bleeding out to the edges of the Earth. Right now, there are about a billion people on Earth who can perform your job better than you and are willing to do it for a whole lot less. If you don’t continue to grow as a person and invest in yourself and your education, you will soon be left behind… The Information Age is Here…

“A Quick Reminder That There Is Only One Person Holding You Back From Becoming More… YOU”

Give Yourself 110% Today & See That You Can Achieve Much More Than You’ve Ever Even Conceived

Scrooge McDuck is the very epitome of every entrepreneur’s dream of success. He embodies the knowledge, the mindset, and the determination to succeed at all cost. And to think he’s just a cartoon character. As a child, I can remember being tutored by Mr. McDuck every afternoon alongside Chip N Dale’s Rescue Rangers, Tail Spin, & Goof Troop. Although they were just cartoons to adults, DuckTales specifically was the only place in my entire day that fed me tidbits of entrepreneurial wisdom. I could speak fathoms about DuckTales and all that I learned but instead, take 20 minutes for yourself to delve into what made me the entrepreneur I am today…

That question, stated a thousand different ways is: What is your WHY?

Unfortunately, as I ask the question, I have to keep in mind that most people are ready to fire off a shallow answer like they were built with a hair trigger. For most people, their pre- cocked answer is they just need more money. But like one of my mentors Mark Wieser, would say, “Money is just dirty paper, right”. People have to be reminded that money is merely a tool.

People who don’t realize that money is just a tool, will always be a slave to it.

The ideal visual that comes to mind as I type this is that of a carrot tied to stick hanging out in front of a donkey. Are you simply allowing the Money to lure you?

What is it that really drives you? What is it that your longing to achieve… what is it that money is going to help you recieve?

For me, that thing is Freedom. Complete and utter, unadulterated freedom. I crave the freedom of my time. I seek the time to enjoy every waking moment with those I love and being able to “pour into them” spiritually, emotionally, and financially. Time Freedom is My Goal and Why I chose Network Marketing as a profession.

Time, in my opinion is the single most abused resource. Period!

At some time or another we all have taken it for granted. Some waste it behind a desk. Some waste it at a bar. Some of us even waste it on People we don’t even like.

If you knew you were going to die tommorrow, what would you be doing today?…

Imagine with me for a split second… you and some buddies are having lunch in heaven, talking about how you spent your last days. What look would be on their faces, as you tell them your story?

What would your loved ones say about your last day on Earth…. “He sure was a Hard Worker..but he never had time for me.”

… Please… Don’t live a life of regrets.

Start enjoying yourself from this very moment, forward. Take the time to be a blessing to those around you. Leave the legacy of your choosing. Let every person you leave behind, crack a smile at the very thought of your name…

What’s your reason?

Hint: The Money Isn’t It

by Lynn Robinson

Prayer connects us to the invisible intelligence that is hard-wired to our soul. Prayer is asking for help and wisdom. Philosopher, Ralph Waldo Emerson wrote, “Prayer is the contemplation of the facts of life from the highest point of view.” Following is a “Prosperity Prayer” that is excerpted from my next book. Many people have reported finding new work, receiving unexpected sources of money and experiencing a renewed faith as the result of making the prayer a part of their lives.

“The Prosperity Prayer”
Dear God —

I surrender my financial affairs and concerns about money to your Divine care and love.

I ask that you remove my worries, anxieties and fears about money, and replace them with faith.

I know and trust that my debts will be paid and money will flow into my life.

I have only to look to nature to see proof of the abundance you provide.

I release all negative thoughts about money, and know that prosperity is my true state.

I commit to being grateful for all that I now have in my life.

I learn to manage my finances wisely, seeking help where needed.

And finally, I ask you to help me understand my purpose in life and to act on that purpose with courage and strength. I know that prosperity will come, in part, by doing work I love. Please help me use my skills and knowledge to be of service in the world.

Thank you, God.

Amen

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