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Articles on Wealth Matters:

$95,000 per month working from home? Is this possible?

I personally know friends (and family) have been "scammed" so many times by work from home opportunities, make money online etc so when I heard about people talking about The Rich Pom website on a Radio station in Sydney, I was immediately alerted and set out to investigate this latest money-making craze.

If you haven't heard of "The Rich Pom", he's basically a guy who has moved to Australia a year or so ago and claims to have made hundreds of thousands of dollars by affiliate marketing - put simply - working from home earning money online.

His website (TheRichPom.com) is actually very well laid out and there are "apparent" video testimonials of real people who have purchased his information. He also publishes proof of earnings, which at $95,000 a month seems good. In addition to this, the sheer fact that he lists his phone number adds immediate credibility to anyone thinking this is a scam - it clearly isn't. It looks like this Rich Pom is doing very well for himself. BUT, is the information he is selling any good?

Well, I joined up yesterday and downloaded the document he has written that will apparently help me earn thousands working from home. It's a simple word document and is fairly well explained. Whilst I was sifting through the information, I pretended to myself I was a computer newcomer and to give him due credit, things are explained so that anyone can understand them, regardless of PC or Internet skills.

His ideas are genuinely clever. It's clear to see that The Rich Pom knows how to earn money online and by following his techniques, one could realistically start their own home business with ease. Yes, you do need to invest a bit of time and money into it, but when you start your own business, this comes as standard.

The idea of affiliate marketing is new in Australia and there is no doubt that this guy's theories will work. His tips and secrets are revealed in full and I must give him credit - he is one clever Pom!

Should you buy from TheRichPom? Well, it depends on how successful you want to be. If you want to earn hundreds of dollars a month, then NO, you shouldn't buy his document. If you want to potentially earn millions, then YES, I would highly recommend The Rich Pom website. I am not joking; it makes a very good read.

Even though he is cocky, arrogant and, dare I say it, English (!), he is without doubt one of today's young Internet entrepreneurs. The Rich Pom website can be found at www.TheRichPom.com and I give it the full five star, thumbs up treatment.

Amy works as an consultancy author for the Australian National Press Society. Her comments, views and thoughts are entirely independent.

By, Amy Jones
Consultancy Author
Australia
17 Nov 2006

Why Wealthy People Are Wealthy?

If you haven't already realized, there is a significant difference between what you think and what millionaires think. That is, if you're not already a millionaire. The "M" word seems to passe now. It's easy to make a million dollars once you have the competence, systems and leverage to get it done. One thing is true: the mindset. Wrong mindset, wrong results.

For instance, my good friend John Di Lemme believes that wealthy people are people who keep shining in the darkest moments. It's easy to be motivated in good times - but it's the truly wealthy person who remains motivated in bad times. John has made well over $20m in all his businesses, and $2.5 million just last year online alone. They went through the pain, and that serves as a clear wake up signal as to WHO they ought to BECOME.

Second, another one of my friends, Alex Mandossian (who happens to have taught me all I know about teleseminars http://teleseminarsecrets.com) knows that you just need to "systemize, monetize and residualize". What that means is that you need a SYSTEM to lead you to success. Most people don't know because they haven't been exposed to systems that make money. Worse, they are going to be totally skeptical. Alex is going to break $5 million this year.

The sad truth is that poor people are not any less than you and me - yet they play that "I can't afford it" mentality. They will not invest. They think of spending as a dead end road. This mentality kills entrepreneurs all over the world.

Here's what I've done to drag myself out of a $100k debt not too long ago after one of my businesses failed. I got sick and tired of being in debt because I didn't have a good way to EARN. Today, if I go completely bankrupt, I will not only be able to get back on my feet, I will have mastered my EARNING SYSTEM:

1. Seek to control expenses and stop unnecessary spending.
2. Enhance my knowledge to earn money.
3. Formulate the right strategy to develop my earning power.
4. Continue to work with people who have the same mindset.

I hate hanging around people who are negative - they take my energy selfishly.

Sometimes, I wonder if my providing things for free are really helping people or giving them a crutch. It's a chance I have to take. You probably have a lot more potential that you can tap into. If you ever want to be a millionaire, then do what another friend of mine, Chris Gloss, says. Champions pay the price. I paid my dues - my "Ph.D" in internet marketing. It has cost me a mere SG$100k. Returns? 400%. I don't care what trading system you use, you never get a consistent return on investment like that.
Do you know how to calculate an ROI? When you spend $1, do you know how to make $1.10? That 10% will go a long way when compounded with effort and perseverance. If you don't start to learn it, you will forever be trapped in that shell, unable to break out of the poverty cycle.

Next year, I will be doubling that revenue. I'll be doing that because I'm surrounding myself with people who are in the millionaire mindset. The only thing you need in a millionaire mindset is the power of possibility thinking.

And, you will only get there when you have generated enough mental momentum to think as a millionaire would think! You're invited to be a part of this millionaire network through my latest HANDS-ON workshop : www.InternetMarketingSingapore.com/jumpstart

If it's unavailable, that's because I'm not accepting any more people to this event at the moment.
I truly believe you deserve every success you dream of... I urge you to build your foundations so that you can make every investment work in your favor, and get yourself out of that poverty mindset.

Stuart Tan
Executive Director
Adam Khoo Learning Technologies (AKLTG) Pte Ltd
Singapore
09 Dec 2006

Mr. Stuart Tan, MBA (Western Michigan), BA (Hons), S.D.C.G., is the Executive Director of the Adam Khoo Learning Technologies Group (AKLTG) Pte. Ltd. He has been a trainer since 1994 and has focused on the development of personal excellence, performance enhancement, leadership and communication development, with his background in Marketing, Management, Psychology, Linguistics and Counselling.

Foundations of Wealth Creation

When I see a tall building, I always wonder how a building can be that tall without falling over. By chance, I manage to read about the construction of a tall building and realize that the foundation of any tall building is carefully designed to support it. A lot of efforts and works are done at building the foundation.

Once a strong foundation is built, the construction of each storey seemed to be rather easy. If I equate a tall building as great wealth, then this is like seeing the rich people keep getting richer faster! This is because they have a good foundation to create their wealth just like a tall building has a strong foundation to build more storeys.

What are the foundations of wealth creation? After reading a few books on wealth creation including the Rich Dad’s Series by Robert Kiyosaki and attending a few seminars on wealth creation, I have identified a few foundations for wealth creation based on my understanding.

Firstly, I need to have a physical health so that I have the physical energy to work hard. Imagine if I am always sick, I will never be able to concentrate on my work. Progress will be always hindered by my poor physical health.

I will need to exercise regularly to keep my body fit and healthy. Lack of exercise will cause my body to have poor immunity to diseases. I will need to watch what I eat and drink so that I can remain healthy. Eating junk foods and drinking liquors excessively harm my physical body. Also, I will need to rest enough to ensure that I have ample energy to work on my plans. Lack of sleep will cause me to be forgetful and make mistakes in my plans to gain financial freedom.

Secondly, there is a need for me to have good mental health so that I can concentrate on my plans to achieve financial freedom. If I do not have good mental health, I will lose focus easily and get distracted by other things.

I will need to practice concentration meditation regularly to keep my mind fit and sharp. Lack of concentration exercise means I will not be able to focus on my plans totally and thus prone to making careless mistakes.

Making genuine mistake is good but making careless mistake is bad. Careless mistakes are mistakes that I have already learned and become aware of. Thus, there is nothing much I can learn from these careless mistakes that will accelerate my path to financial freedom.

If I have made a genuine mistake, then I will be able to learn something from this mistake. The purpose of learning from mistake is so that I will not repeat them again as highlighted in the Rich Dad’s Series by Robert Kiyosaki. If I keep repeating the mistakes, then it defeat the purpose of learning from mistakes.

Thirdly, there is a requirement for good emotional health so that I will not get emotional over my decisions. I need to practice insight meditation to understand how my mind works. By understanding how my emotions arise and fall in my mind, then I will be able to manage my emotions better. If I can manage my emotions properly, then I will be able to make decisions based more on logic than emotions.

For example, if I cannot manage the fear of failures, then I will not be able to make the decision to master any skills that are essential for wealth creation. This is because failures are part and parcel of the learning process. If I can manage such a fear, then I will be able to master any skills quickly.
Next, I need to have a good spiritual health. That can be achieved by doing good deeds to help the needy around me. It may not just be money that they required. Learn to give love and care, time to listen to them and so on. This will help me to build a peaceful mind. If I have a peaceful mind, then I will be able to perform better in whatever I am trying to achieve.
Just like a tall building needs different layers of foundation. I feel that there are different layers of foundation required for wealth creation. What I have described above is just the first layer of foundation. Without a good physical, mental, emotional and spiritual health, there is no way I can face and manage the challenges in life well so that I can succeed in life.

To Your Financial Freedom,
Max Ng
Singapore
08 Mar 2007

P.S: Robert Kiyosaki has Rich Dad for a coach, I have him and world class gurus as mine.
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