Building a Business that Has a Recurring Income

Building a Business that Has a Recurring Income

If you don’t want to read it, you can watch this video.

There are many people who are looking to instantly create an internet business model. The internet impacts everything. To develop an internet based business only takes time. I spent six months working full-time on this YouTube channel before I earned a dime. For most people, that is not plausible. That’s what it took for me to get some traction.

Let’s talk about Cleaver. Cleaver said, “I have no money. I have no car. I am ass out. How do I make some money in my position?”

I answered him by saying, “You need to start a service business.” In a matter of six months, Cleaver went from a very bad financial position to owning the house that he was staying in. He went from someone who needed the help of friends to a person who could fund that house by himself because he created a service business.

Let’s just get into this. Everyone wants passive income. I have passive income. I’ve had passive income since 2010. Now, let me tell you about passive income. It’s hard to get it and even harder to maintain. That’s why you need a lot of it. It’s going to go up and down.

There are many people under this false notion that they are going to come online and get themselves some passive income without having to work. Just let that shit go. What you can do is start building where you are right now with what you have.

For many of you who want to live the internet lifestyle, there needs to be an extra step. That extra step is for you to start a local business or to become a seller of big ticket items while you develop an internet model. Bu doing this, it will get your basics covered.

Remember, when I started online in 2009, my bills were paid and I had a lot of free time to invest in building my online business. That’s not typical for the average person.

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How to Get All the Money You’ve Ever Wanted

How to Get All the Money You’ve Ever Wanted

If you don’t want to read it, you can watch this video.

In this video, I’m going to tell you how to get all the money you want and more by doing this one simple thing. There are a lot of people out there who want to make money. They’re looking to create an income stream. They’re looking to take their business to the next level. They’re looking to buy a car. They need to pay for their kid’s education or for doctor’s bills.

But here’s the thing and this happened this weekend. There are people who are afraid of making money. Now, I’m going to give you a template here, to let you know if you’re afraid of making money. Here’s the thing, if you are afraid to ask for money for any reason, your chances of getting it are slim to none.

There are these people out there who think they know how to make money. Here’s a rule of thumb. If someone tells you how to make money and you know they don’t have any, don’t listen to them. Check their advice. Learn how to ask for money.

There are many different ways you can ask for money. Many people avoid asking for money. They don’t ask for the sale. They don’t try to close the sale. They just hope and wish for money to land in their pocket. That’s crazy stuff.

There’s a process. I’m going to explain to you why I’m making this video. This is Hustler’s Kung Fu. This information is for beginning entrepreneurs to give you guys the real advice, right?

Now, I had a comment this weekend. He said I shouldn’t be asking for love offerings. If you’re new and you don’t know, I don’t have any ads on this channel. If you like the content, I asked you to go below the videos and make a love offering of $5 to $5000. I’m asking for the money. Some people have a problem with that. They say, “It is unseemly.” “It’s below you.” “You shouldn’t do that.” “You’ve got money.”

I hit that person up with this question. “So, I’ve got money. Does that mean I don’t want more?”

Poor people have some really strange concepts about money. I know when I see that poverty mindset that is full of fear of asking for money. People say they aren’t going to ask for money. They insist they’re going to use this app. They’re going to use YouTube ads. Wait a minute. YouTube ads and Facebook ads are asking for money.

Here’s the thing. This has been scientifically proven. If you don’t ask, you’re closing rate goes down. If I didn’t ask for the love offering, my percentage rate would go way down. It works by asking subscribers, “If you like the content, subscribe to the channel.” It works for asking for all kinds of things.

But, if you’re feeling undeserving and you feel like you don’t need it, it is hard to ask for the money. If you think its beneath you to be a salesperson or marketer, your chances of making money are pretty slim. But many people have their fake narratives of how to make money.

It has been scientifically proven that if you continue to ask in the appropriate way, you quadruple your results. There are people out there who have good businesses and they don’t ask for money. They simply put marketing content out there. They put their product out there and people buy it. If they would ask for the money, they would make a lot more money.

I’m going to share something with you and it is not bragging or boasting. Since I have started asking for money as a love offering, essentially saying, “If you love the content, leave a love offering,” the money has exceeded my AdSense earnings. I’ve only been doing this a few weeks.

Now, this is another income stream. This is a revenue stream. If you can learn how to close sales on a basic level, you will learn how to close sales on a big level. I’ll give you an example. I used to sell furniture. I was afraid of the customer at first. I would come up with all kinds of activities to keep me off the phone and from asking for appointments.

After a few months, I finally got good at setting appointments. I had to learn to ask for the money. Money is not tight. There are people out there that are so scared to let a dollar go because they feel that a penny saved is a penny earned. I think if you spend some money and start asking for sales, the money will come.

You need to become a salesperson. If you want to start a business and to build something, learn how to sell. If you don’t know how to sell, you don’t know how to ask for the money. You’re not going to create a YouTube or Facebook channel that asks for the money. That’s how so many people lose a lot of money.

If you believe in your product or service and what you do, asking for the money is not so hard. But if you know deep down that you have a shitty product, it could be hard to ask. If you get in the habit of asking for money and asking for the sale, you’re going to be stronger and more successful.

There are people out there giving out great advice. Some people are giving out advice that is better than mine. But, they absolutely refuse to ask for any money. They believe, it is so unseemly. They’ll keep putting out their content and burning out while I’ll be asking for money and developing several different income streams.

So, learn to ask for the money. It’s a very simple thing in terms of the concept. Most of the folks here see my videos all the time. In the past few weeks, how often have I failed to ask for the money? In this video, I’m asking for the money eight times. I’m going to keep asking.

You should learn to ask for the money. It’s a simple thing. It may feel weird. It may feel uncomfortable. If you do this every day, someone’s going to say yes.

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Your Comfort Zone Prevents You From Being Your Best

comfort-zone

If you don’t want to read it, you can watch this video.

Your Comfort Zone Is Holding You Back

It’s a rainy day in Georgia. I was having a conversation with someone and it was a little heated. It was a consult and the first time it ever happened. He was stuck in his comfort zone.

There’s this person that has a great life. That’s the problem. I know you are wondering what’s wrong with having a great life. Their life is so great that they will never aspire to anything else.

When I say great, I mean everything is taken care of for them. They receive money from one of the parents. Essentially, they are never going to bust it, which means they are never going to do something significant, radically different, astounding or awe-inspiring because they don’t have to.

If you’ve watched the channel for a while, you realize that at one point I was homeless and going through some stuff. I had reached a point where I had to do something.

I had to bust out of my comfort zone. I had to create new energy for myself.

Essentially, if you aren’t faced with a crisis. Most people are not going to change. Some of my best students from the Hustler mindset and consulting were people that had their backs against the wall. I mean some of the stories I have heard, I go over them to inspire myself.

To put it bluntly, for many of you, you will need a personal crisis to push you in a new direction. That’s a conclusion I came to about two years ago. The conversation with my consult client I discussed above just confirmed it.

When I was in the storage auction business, I had a lot of things go wrong. There’s a whole bunch of things I don’t really talk about because they’re embarrassing. They were fucked up.

One time, I bought a unit that had metal cages for chickens and other livestock. I didn’t know. It had this crazy ass smell, but I bought it anyway. This unit came with six other units that were equally foul. Once I got this stuff I wondered what the hell I was going to do.

It was crazy. I had to clean out the units or Public Storage would ban my ass in a heartbeat.

What did I do? I went out and bought more units. I got a jackpot unit that gave me the income to help pay to get someone else to clean out those units.

That’s really a small thing. You’ve got people out there facing cancer. You’ve got people facing unemployment.

When I was living in a boarding house with crack heads, insane stuff was going on. After hitting the bottom, I came up with some of the most innovative tactics, strategies and schemes. I was in the position of either sinking or swimming – I couldn’t drown in my comfort zone. 

There was no thinking that if this doesn’t work I can fall back on the wife. I couldn’t rely on an inheritance.

I’m going to tell you what happens when you are put in this situation. All of the distractions are eliminated. Right now, you have a ton of distractions. You think you can’t get the life you want because of the economy. No. You have a lot of distractions that are holding you back.

When I didn’t watch TV for two years, it wasn’t because I didn’t want to watch TV. I was too poor to afford a TV and cable. I didn’t have it.

During that two-year period, I did more writing, more reading and more educational stuff for grooming the G-verse. I was forced to use my time in a constructive manner. I went on the internet and taught myself stuff.

Once those distractions are gone, you can do amazing things. Once you break out of the comfort zone you’ve created for yourself you can do incredible stuff.

For some people, they don’t have to create those circumstances, because they exist. Other people are going to have to create drama in their life to move to the next level.

I will give you an example of how to create drama in your life. When I wrote my first book, I did a Jedi mind trick on myself. I actually acted like I was broke as shit. This was the deal. I had money. When we closed down the business and sold stuff, I had six figures in the bank.

Knowing what I know about the human condition and how comfort will hurt your chance for success, I did this. I put myself on a regiment. I told myself I had to write a certain number of words per day. I limited myself to going out once a week and to one drink at my favorite bar. That was it. Because I had to make that book happen.

I treated my project like my life would be over if I didn’t get the book done.

 

I know for many of you, that sounds crazy.

 

If I had sat back and told myself… “I’ve got time. I’ve got money,” that book would have never been completed.

So, what I am telling you is that if you don’ have a personal situation that is extreme, create it.

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Back to the consult we were talking about. This is probably the craziest advice I have ever given in a consult. This person is young. I told him to quit his job. This is when the yelling started. The fear came out.

Long story, short – his dad owned the business that he worked in. His Dad is a millionaire. When Dad dies, he gets everything. When I say everything, I mean about $10 million.

He has no drive whatsoever to do anything significant because he doesn’t have to.

I told him… “You will be worthless because you have no other purpose if you don’t do anything in life.” His Dad is like 85.

I told him…”Take $5K and go to a new city and see what you can do.”

Here’s the thing. I know I can survive some bullshit. I was homeless. I lived in a house with crack heads. Am I going to go out there and do that shit again? No. I don’t need to do it again

But just that memory alone of what can happen to me if I allow myself to fall asleep at the wheel is enough to keep a fire burning under my tender hind parts every day.

Sometimes I have to remind myself to take days off because I know what it is like to be 100% ass out.

Remove the distractions and create a personal emergency in your life to move to the next level.

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Donald Trump 96 LLC’s: Fat Cat Secrets in Real Life

donald-trump

Wanna learn how to make that money like Donald Trump? If you don’t want to read it, you can watch this video.

(This video script references The Wall Street Journal article, How Donald Trump’s Web of LLCs Obscures His Business Interests, published on December 8, 2016. Authors: Jean Eaglesham, Mark Maremont, Lisa Schwartz)

 

Today we’re going to talk about Fat Cat secrets and how LLCs make you bank with a real-life example: Donald Trump

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First, before you get all excited about LLCs, it is important to realize that if you have no money or no assets and you’re not planning on getting money or assets, using LLCs won’t help you.

An LLC is like a hammer. A hammer isn’t really good without a wall or a nail. You’ve got to have the appropriate tools for this stuff to work.

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For those of you who need help putting this all together – I’ve got an offer. The 27 Business Course package that includes Fat Cat Secrets and how LLCs make bank. The offer is under the video, plus a lot of other stuff to get you going. Start this weekend. Start immediately.

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This article is about how Donald Trump’s web of LLCs obscures his business interests. You can check out this article with your iPhone for free if you have one. Scroll to the News section and you can read Wall Street Journal articles every day for free.

Using LLCs is what I’ve been talking about for years.

This is what I think is going to happen with Trump. He’s going to continue running his businesses and that’s why his daughter and son-in-law are moving to Washington DC. The conflict of interests is already starting.

There was an article about how Trump Tower security will cost the country millions now. Here’s the article…. Secret Service Advertised as new amenity at Trump Tower. Is that even legal? The conflicts of interest are obvious.

The article points out that the lack of transparency of his business holdings makes it impossible to determine potential conflicts he faces as president of the United States.

He might get impeached over this. People say that will never happen, and this is why. Donald Trump is Donald Trump. He won the election his way, and he’s going to continue to do things his way. He’s 70 years old. You think he’s going to change? I don’t think so.

Let’s move down the article to this section about how Donald uses LLCs to own his aircraft. This is “Big Boy” LLC business “sleight of hand.” That’s what it is. This is a snapshot of what you can do once you get your money right. This shows how you can earn millions of dollars and not pay federal taxes legally.

He’s got two helicopters. He’s got a 757. He’s got a Cessna. Essentially, he has companies that have properties that are leasing to companies that he owns. It’s a beautiful thing. This is America folks. This is what you can do in America.

So, essentially, he owns a company that leases a property that he owns to his company, that takes deductions and makes money off his companies that he actually owns or controls.

It’s like if you pull a dollar out of your left pocket and put that dollar in your right pocket. It’s the same pair of pants, but it’s a different pocket. This is what is going on.

Here’s the thing. This isn’t all of it. This is what they’ve found.

This thing started before he was born with Fred Trump.

A lot of people want to do Delaware LLCs. If you are a “Big Boy” company and you’ve got a lot of stuff going on, that’s fine. If you’re trying to start a brand-new company and you have no assets and no money and you want to go operate in another state, it’s complicated. The bank is going to say that you are incorporated in Delaware, so you need to go to Delaware to open a bank account. This could be beneficial for some businesses.

If you want a bank account that is local, they’re going to ask you to register with your state as a foreign entity. All of these shenanigans don’t work because you don’t have the material to do it.

Here’s the skinny on Trump. Say Trump has one percent in a company and his kids have 99 percent. Who do you think is running things? It isn’t the kids. He’s running it. He controls it and benefits from it.

Let me be clear. If you’re not making decent money, this means nothing to you. If you’re forming LLCs without having money or assets to shield, you are pretty much wasting your money.

President Trump should be the CEO of America. He should not be running any other corporation. This guy’s going to try and do both. What I think is going to happen is either he’s going to crash and burn and get impeached or he’s going to wise up and give full control of his company to his kid. This is Donald Trump. He is who he is. This stuff is crazy.

Preservation of capital is the number one path to get rich.

Let’s talk about some other stuff. Let’s talk about what’s going on. If you’re making over $250K the next four years, they are not going to fuck with you at all. You can save money and make money. For those of you earning under $100K, your money is going to be impacted and these are the ways.

Medicare benefits are about to be cut like a Motherfucker. This is coming. Look at the historical cycle of what Republicans do. What Democrats do is make a lot of people promises and put all of these social programs together. Then, the Republicans go back and cut all that shit. A lot of people get hurt, which causes a lot of new voters to come out for the next election.

In this last election, nearly 12 million people that voted in the last election did not come out.

After this cycle of Republicans, they’re going to come out again, because they’re going to be hurt. Even if you’re not directly hurt, your parents are going to be hurt if they need benefits. People who need Medicare are going to be hurt.

A lot of mess is going to go down for people who don’t have resources. This is why you need to go ahead and put this stuff together. Get yourself setup. Get yourself a business.

For those of you who want to start businesses, right here is the 27-course big deal. It’s going to include Fat Cat Secrets and some other stuff. It’s $1500, just to let you know.

Why is it so much?

When you go and make $200K to $300K from that information, the course is dirt cheap, right? The more people pay, the better they perform.

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