Do you know how much you're worth? My guess is a lot more than you have to show for it.
So, why the discrepancy? Here's a quick equation: Your age x (your average household income from all sources - inheritance) divided by 10.
This will equal your net worth.
Now, the rich have a net worth often double or triple the amount, while the average American has less than half.
The goal is to double your net worth.
So, how do you do that? Well, the best way to do that, is to leverage technology in your favor.
The fact is that you probably don't know that you can run many websites, selling products.
If you can have one website, why not have three? or ten? or 20 websites? The real facts are, as you become more experienced in one or two sites, you can clearly increase your websites and your the number of niches every month.
So, take for example the following scenario: John started selling online two months ago, he currently has three websites that are gaining more and more traction.
As he gets better and faster at managing his websites, he decides to add two more over the next two months for a total of five websites.
Once completed, each website adds only about an hour of time each month.
But each site brings in close to $1200 per month.
That's two hours a month for give or take $2400! So, let's just assume that you wanted to have your own website or your own blog.
What would you sell? Well, there are a few factors that you should consider when selling.
You want to find products with high profit margins.
You also want to find products that you can tailor to your own readership.
And you do not want to pay for your inventory every month.
The only real products that offer these attributes are information products, like computer software, some music, and e-books.
Personally, I have made a significant amount of money selling e-books with Private Label Rights - meaning I can sell them or alter them in any way that I wish to sell.
I'm so, good that I help people free themselves from debt Reselling e-books allows you to sell to a number of different niches very profitably.
When I started out I had tons of bills, debts, a huge mortgage payment, and was pretty stressed out on top of that.
Yet, within 12 months, I had totally turned everything around and was on a wide path to financial freedom.
And yes, I have tripled my net worth and continue to better and better every year.
So, why the discrepancy? Here's a quick equation: Your age x (your average household income from all sources - inheritance) divided by 10.
This will equal your net worth.
Now, the rich have a net worth often double or triple the amount, while the average American has less than half.
The goal is to double your net worth.
So, how do you do that? Well, the best way to do that, is to leverage technology in your favor.
The fact is that you probably don't know that you can run many websites, selling products.
If you can have one website, why not have three? or ten? or 20 websites? The real facts are, as you become more experienced in one or two sites, you can clearly increase your websites and your the number of niches every month.
So, take for example the following scenario: John started selling online two months ago, he currently has three websites that are gaining more and more traction.
As he gets better and faster at managing his websites, he decides to add two more over the next two months for a total of five websites.
Once completed, each website adds only about an hour of time each month.
But each site brings in close to $1200 per month.
That's two hours a month for give or take $2400! So, let's just assume that you wanted to have your own website or your own blog.
What would you sell? Well, there are a few factors that you should consider when selling.
You want to find products with high profit margins.
You also want to find products that you can tailor to your own readership.
And you do not want to pay for your inventory every month.
The only real products that offer these attributes are information products, like computer software, some music, and e-books.
Personally, I have made a significant amount of money selling e-books with Private Label Rights - meaning I can sell them or alter them in any way that I wish to sell.
I'm so, good that I help people free themselves from debt Reselling e-books allows you to sell to a number of different niches very profitably.
When I started out I had tons of bills, debts, a huge mortgage payment, and was pretty stressed out on top of that.
Yet, within 12 months, I had totally turned everything around and was on a wide path to financial freedom.
And yes, I have tripled my net worth and continue to better and better every year.
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