Why you will make more money than others
June 24, 2008 by admin · 1 Comment
Jack Canfield and Mark Victor Hansen, authors of Chicken Soup Of The Soul have sold millions of copies of their book.
Do you think that they’re better authors than others?
I’m sure there are other better books about inspiration out there, but the other authors are probably not rich– or anything close to Jack and Mark’s wealth.
You could have 2 people with the same job– one who makes $200,000 a year and the other one who makes $50,000 a year.
Does this means that the first person is more skillful or smarter than the guy who makes fifty grant?
If that’s true, then we’ll have a hard time to explain why Michael Dell is many times richer than those who knows about computers.
Also, everyone is given the same amount of hours each day so it’s obviously a fair competition.
Some call it luck– right timing and right place.
I wouldn’t deny that because that’s partially true but it still miss one key element.
The person who makes 4 or 100 times more money has nothing to do with luck or skill.
What sets apart is nothing more than knowledge.
But not just some common knowledge like repairing a computer — Knowledge of how to achieve success or geting what you want.
Okay, so Law of Attraction helps.
But doesn’t it reflects that only someone who knows THAT knowledge is able to leverage on it?
And another important element for success is having the right attitude, right?
Take a closer look– Only with knowledge, you can have the ‘right’ attitude.
Napoleon Hill, author of Think And Grow Rich knows this to be true. But he is more precise– one of the 13 principles of success and wealth written in his book is “specialized knowledge”.
Let me end today’s email with a thought -
“When was the last time you read a book, listen to an audio or attend a seminar that enriched you with knowledge of attaining success?”
If you can’t think of one instantly, then it should trigger you how you can grow by leaps and bounds starting from today because
now you know the key element.
You “Chan” Do It!
Patric Chan
Founder, You Chan Do It
Personal Achievement Newsletter
eSuccessMastery.com
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Do You Know What You Want In Life?
June 17, 2008 by admin · 5 Comments
Some people really know what they want in life – to the extent of seeing themselves living what they want. If you’re one of those exceptional people, I’m very happy for you because you’re already half way there.
When you know what you want, the actions and decisions that you take in life will be geared towards that. Also, if you believe on mind power, it’ll ‘automatically’ manifest your goal into a reality through quantum physics.
But not everyone has that kind of advantage. Some people don’t know what they really want and believe me- it’s normal.
I have a ’strategy’ to find out what you want if you happen to be in that shoe.
Here’s how…
First, determine the segment of life like financial, relationship, health, etc that you wish to achieve.
Start listing out what you don’t like in your life at present.
Then, list down what you truly want to avoid happening in the future.
Let’s take financial segment since that seems to be most of the people’s main interest.
If currently I don’t like driving in a small car, then what I want is a bigger car. The next step is to decide what the car I wish to have is and make a reality check whether that’s within possibility. When I’m crystal clear, I’ll know what I want – the exact car. And now- my sub-conscious mind, decisions and actions will make this goal into reality.
If I don’t want to live paycheck to paycheck in the future, then my goal is to start my own business.
Doesn’t seems so hard anymore, isn’t it?
The tricky part is, sometimes, we don’t even bother to find out what we want in life because our mind is ’smart’. You see, to get what we want in life, we know we have to work for it. So because of that, we do not pursue since work equals pain.
And later on, we ask ourselves why we’re not obtaining what we want in life. Well, you know why now, bucko.
And here’s another thinker – who you are today, whether you’re poor or rich, it’s because of who you use to be in the past.
If you like what you read, it’ll be cool if you can leave a Comment as well. I’ll definitely appreciate it very much because I read every single Comment posted here personally.
You “Chan” Do It!
Patric Chan
P.S: I’ve created 2-hour video, sharing the system that I use to achieve success in my life. It’s free at www.ycdisuccessoutcome.com
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Small efforts, big results- how to do this
June 5, 2008 by admin · 1 Comment
How can you put in small efforts but
get back big returns?
Well, the formula is to use other people’s
time, money and effort – or SOMETHING
because it’s not limited to only people.
In short, it’s called, “leverage”.
And that IS my secret to wealth. All of
my m0ney making activities use leverage-
otherwise I will be working round the
clock and also, it will not generate
huge returns.
There are three ways of making huge
income which allow you to use leverage.
You SHOULD BE USING ANY OF THEM in
your life today and if you’re not, then
you’re missing out the best part of
creating wealth.
The first one is real estate.
You can own a $200,000 property with
just $20,000 in your pocket because you
can LEVERAGE on the banks to give you
the fund.
Different countries will have different
m0rtgage loan terms but the point is, you
don’t need to have a lot of m0ney to
make huge income in return from properties.
If you have $3,000 in your hand, then look
for $30,000 property to invest (Assuming
you can get a 90% m0rgage loan).
The next one is stock trading. But to be
more precise, it’ll be options trading
simply because you can earn 10 fold in
return from the profits gained.
Here’s a laymen explanation– assuming
you might own an option that’s worth $0.50.
Option’s price will depends on the
stock’s price.
Like, there are Intel stocks and also
Intel options which you can purchase.
If a stock increase from $1.50 to $1.80,
you’ll earn 20% profit, which is $0.30
per stock. But for options, you don’t
earned 20% but it could be 100% or more
depending on the price of the options.
This email is not for the purpose to provide
complete explanations about options trading
because it’ll take a book or seminar to teach.
The point is, the result can turn out to be
many times fold by leveraging on options.
The final one will be internet.
To be more precise, building an internet
business. The obvious leverage is that you’re
able to reach globally which traditional
businesses are unable.
A hair saloon can only have clients in its
neighborhood or city. Where else an online
business selling an ebook about hair care
or hair style will have the potential of
reaching prospects all around the world!
This also means that the internet allows
you to be in business 24 hours a day because
different countries will have different
time zone.
If that’s interesting enough, let me tell
you another powerful leverage you can get
with an internet business:
To set up a hair salon, you’ll spend tens
of thousands. The shop, equipments,
advertising and so on. Not only that,
imagine months of preparations – renovations,
business registration, hiring hair stylist,
bank loans, etc.
And to worsen the situation, you might
end up being ’stuck’ in the business
because you’re cutting hair or need to be
present in the shop to greet clients.
An internet business?
You could be up and running in less than
a week. Fully operational as little as $20
(or less) to get started.
But the thing I like about internet’s
leverage is I don’t have to be ‘present’
at all. I don’t need to greet prospects or
to cut hair. As a mater of fact, I don’t
even need to be present to take money!
“What is the best leverage among these 3?”
I don’t think there’s any way to classify
which is the best because they all of them
excel greatly based on each individual’s
preference. For me, I use ALL OF THEM.
But the one that I would ALWAYS suggest to
my subscribers or customers is to leverage
on internet business.
The reason is simple – you cannot get ‘burned’
financially even if you messed up big time.
For real estate, you’re taking a bank loan
as a leverage. If you mess up by buying a
bad property that cannot be rent or sold at
a good price, you’ll still have this huge loan
for you to pay each month- even if you apply
a ‘no m0ney down’ strategy.
Options trading can be a risk if you don’t
know how to trade wisely. You see, you’re using
money to make money and you’re always subjected
to lose your money if done incorrectly.
And if you don’t know what you’re doing,
you could end up being in ‘negative’ situation
with options trading.
In options trading, you’re allowed to ’short sell’
where you can sell options that you haven’t
purchase yet. By doing that you get to leverage
of ‘owning’ the options without any money down
but if your prediction that this will make money
is incorrect, then you need to BUY the options.
When I start making money on the internet,
I’ve also detailed out the steps.
The two ’secrets’ how I do this is to sell
information products so that I’ll have
ridiculously high profit margins and to
sell in niche markets with minimal competition.
Here’s my story and how do I it:
I like to sum up this- you need to use a
leverage to generate massive income. Trading
your time will never help you to achieve this
goal unless you’re some sort of a high paying
brain surgeon or something along that line.
I’m sure I don’t have that kind of talent.
You “Chan” Do It,
Patric Chan
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Funny What People Chase For In Life…
June 2, 2008 by admin · 2 Comments
It’s kind of ‘funny’ what people chase in life – financial wealth. Some call it, money.
But I wouldn’t laugh on it because I’ll admit that I do it as well – so does most successful people in the world.
So really, I’m not putting it down AT ALL.
But the truth is, there are two more important things in life – love and relationship.
Of course there are more but these are the two I want to talk about.
It’ll be pointless to have money if you don’t have love.
It’ll be pointless to have money if you’re the only living person in this world.
But it can still be a meaningful life if YOU HAVE LOVE without money. Here’s a simple proof- There are mothers and fathers who are not rich but live a meaningful life with the love of their children.
You will have a meaningful life by having relationship with others even if you have no money.
If this is true, then by right, money will be the third most important thing that we should seek in life. However, in reality, money is normally ranked #1 because we live in an unconscious world where we THINK money is #1. That’s just a piece of fact about life. And it’s NOTHING WRONG. Call it life evolution or whatever – but the fact still remains that material is important.
At the same time, we live in the world of ‘or’ – which is sometimes, not true. You don’t need to choose for money, relationship or ‘love’ because you CAN have all of them. This is the world of ‘and’.
So a stronger question will be – how can I still make money while having relationship with others and living a loving life?
You don’t need to sacrifice love and relationship for the sake of money. At the same time, you don’t have to be poor because of your ‘chase’ for love and relationship. Get that old believe out of your mind.
You might think that I’m being philosophical. If so, I’ll take that as a compliment but I’m not. I’m merely passing a concept for you to think HOW LIFE CAN BE DIFFERENT. Is there a way how you can integrate your money making activities with love and relationship? Or find more ways you can leverage to create income into your life without sacrificing your time?
Two things you can do right now:
1. There’s an interesting post at the forum called, “what do you call LOVE?”. I would encourage you to read and share your valuable thoughts by clicking here. At the same time, there are A LOT of valuable information in the forum, in the “Mind Power” session. I encourage you to check it out.
*The sure win contest for posting in the forum is over. However, I’ll extend to 48 hours so that it’ll be ended on 4th June. The reason is because; I’ve forgotten to send a reminder to you when the contest is ending. For the full details of this sure win content, click here.
2. If you like what you read, it’ll be cool if you can leave a Comment as well. I’ll definitely appreciate it very much because I read every single Comment posted here personally.
You “Chan” Do It!
Patric Chan
P.S: My free report reveals the 2 factors of becoming a millionare: www.youchanbewealthy.com
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