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Inspiring kids to be entrepreneurial.

Michael Clouse… How to Balance Money and Time

March 20th, 2013

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“Most people are etching out a living and only a handful of people are designing a life”

 

This is such a powerful statement and one we often don’t take the time to consider that carefully. After many years of etching out a living, we are finally ready to design a life for ourselves and our children. And when we can do it, our children have that example as another way of looking at life and making informed choices about their own pathways in life.

Michael Clouse

Michael Clouse

Michael Clouse is an inspiration!

We were fortunate to hear Michael speak at the annual Isagenix Convention on the Gold Coast recently. Michael gave an awesome talk about Leadership.

Before I share his message, I’ll firstly introduce this amazing and very entertaining man.

Michael Clouse is a professional Network Marketer. He is recognised as one of the top twenty Network Marketing Trainers in the world today. His background spans over 25 years in the industry. He is an Author, having written several terrific books. His book “Future Choice” shows readers why Network Marketing may be their best career move (encourage your teenagers to read this one before they head off to Uni!). Michael came from a disadvantaged home, yet has managed to become super successful.

Early in his career, Michael studied the most successful network marketers around the world. He then modelled himself upon their habits and mindsets.

Michael is “time rich” and “money rich”. He now devotes 300 days a year to himself and his family and for 65 days to work and giving back to society.

Michael explains that we all need time and money, and we need these two things in balance. What most people do is they give up time in order to get money. Throughout their lives they work hard in a job or small business, to bring home the bacon. As a result they are very time poor although they may have increasing money. It is only later in life that they increase their time; however, their income drops.

People will argue that they have little choice. They have families to raise, mortgages to pay and expenses. They need to work! In our world, this may be true….but not so in an Entrepreneur’s world.

How is it that many wealthy people have managed to attain this balance? Well, we need to look at how they’ve created “time freedom?”

Wealthy people can buy time. This can include getting the house cleaned, or paying someone to do the accounts, or getting a wonderful cook in……….all to allow them to spend time with the ones they love and share experiences with the ones they love. You get the picture.

It’s quite amazing how many of the wealthy come from humble and often disadvantaged beginnings. Michael Clouse was one of those people! And he, along with others like him had to start somewhere.

 

There is a solution to this time-money balance…

 

Here we are with the legend!

Here we are with the legend!

According to Michael, the solution is Networking Marketing! In fact, many wealthy celebrities agree that Network Marketing is a terrific vehicle for growing a big business on the back of an established Global Company. Robert Kiyosaki, Donald Trump and Warren Buffett are three mega tycoons who talk about network marketing being a terrific vehicle for wealth creation without much outlay. It’s accessible to everyone.

Michael says if you do it right then most people can grow a big business and work less and less time.

“Success leaves clues!” Study success and you will see the game principles. Here is a selection of success principles that Michael understands and uses in his own life. He studied successful people to learn their habits…

 

Network Marketing Success Principles

 

Get into the game and then stay in the game.

 

Figure out what’s in it for you and then commit! You will meet challenges and have to overcome barriers. Being fully committed will get you through.

Focus on the fundamentals.

 

With a networking business these are:

  • Connecting with people.
  • Presenting to people.
  • When they say yes, take the time to teach them how to run their business.
Learn Network Marketing From the Expert. Click Image to Buy Michael Clouse's Book.

Learn Why Network Marketing May Be Your Best Career Move. Click the Image to Buy Michael Clouse’s Awesome Book!

“Keep the Main Thing the Main Thing!”

 

Stick to the system that works. That is
Tell your story! Ask yourself today, “How many times am I going to tell my story?”

Use the tools. The company provides all the tools. So use them.

Have an interest in “being better tomorrow than you were yesterday.”

Recognition

 

Be sincere and recognise every accomplishment publically and privately. Recognise yourself, the company and your team.

Click image to watch Lynn explain the Isagenix Compensation Plan.

Lynn Hagedornyour team and the company.

Praise- “Babies cry for it and men die from it!”

 

Michael Clouse teaches and uses these simple principles. He himself has built million dollar networking businesses and he has personally mentored people to be networking Millionaires.

Take the amazing Lynn Hagedorn (Isagenix), who went from zero to millionaire in only fourteen months!

This weekend we will again be attending Michael Clouse’s training in Perth. We can’t wait to learn more from this great leader and hilarious speaker!

Kaitlin our eldest daughter, is coming along too! We figure that it is a tremendous opportunity for her to learn about success from a successful person. Network Marketing is a career option worth knowing about.

It simply broadens the choices a young person has.

If you are interested in coming along as well, contact us and we will get you booked in. You don’t need to be an Isagenix Business Builder to see Michael Clouse Speak. In fact, it is open to anyone.

Curious about Isagenix? Watch this video…

Our Money Mastery Mentoring Program Reviewed

February 15th, 2013

Have you ever had that deep inner desire to want to change the world, or to be a person of significance who has made a real difference to others; yet frustrated, at times, that all your time and energy is channeled into your nine to five job… the job that you need in order to earn the dollars to simply exist and meet the costs of living and raising a family?

 

Quote 6The World Can Only Change from WithinHave you wondered what you could do if you had the resources of time, knowledge and money to be that difference?

 

Children grow up full of potential and excited about their new life and what they wish to accomplish with it. Ideally, we as their parents, want to be their inspiration and show by example that they too can achieve whatever they put their minds to.

 

Do you ever wonder what worldly achievements and contributions your children will end up doing/being?

 

Paul CounselCath and I have huge dreams! We are aiming for the stars! We aspire to achieve, experience and contribute in a grand way. We plan to lead our own children to ‘Think Big’, to experience, and to make a significant difference to the lives of others whilst here on Earth.

 

This is our “Why” and it is why we began the journey seeking an understanding and the mindset shifts required to achieve Financial Freedom.

 

This past year has been, by far, the biggest year for us in terms of shift in a mindset around success. Last year, in March, we embarked on a year long Money Mastery Mentoring Program, lead by Dr Paul Counsel.

 

Stephen Covey quotePaul certainly opened our eyes to possibility, has given us the tools to make the inner shifts required to achieve financial freedom; and he has opened our subconscious minds, making the adjustments necessary, that have now put us on the path to achieving our goals.

 

Our year has literally been like a roller-coaster ride. Many ups and downs and bumps along the way… and it has absolutely been full on with the logistics of sorting kids and maintaining momentum whilst running very busy lives. Without our beautiful friends and family supporting us throughout the year, I’m certain we would not have made it this far.

 

The Money Mastery program is largely about achieving Financial Freedom; however, it has also been a self discovery mentoring program where we’ve revealed so much about our selves; our deep rooted values; our subconscious thinking and conditioning; and our future realities.

 

Mentoring Program Paul CounselSadly tomorrow we head up to Perth for our final weekend with Paul and our Money Mastery group of friends from 2012. We haven’t decided if we’ll continue as a new program starts in March 2013. There are many things to weigh up, but one thing for sure is our future is opening up wide before us.

 

Below is a link that will take visitors to our Full Review of our Money Mastery Mentoring Program. We have reviewed our year with Paul Counsel, shared in depth why we chose to take on such a mentoring program and some of the massive distinctions that have changed our lives forever!

 

We invite you to read about our journey and experiences (and pass it on to interested friends).

 

Leo Tolstoy quoteWe’re hopeful when you read it, that you gain inspiration and perhaps some real insight into your own lives. We have reflected on some of the reasons why things happen the way they do… and why they don’t!

 

So go make yourself a cuppa, sit down in a comfy chair and take the time to have a read of our Money Mastery Mentoring Program Review… Oh! …and leave us a comment please!

 

Here is the link…. Money Mastery Mentoring Program Reviewed

 

 

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Enterprising Kids Succeed at the Burekup Fair!

January 29th, 2013


The day started with a mad rush!

 

 

Seven enterprising kids needed to be ready and set up down at the Burekup Country Club grounds by 8.30am. It required four trips with a trailer carrying tables, pram, signs, eskies, TV, banners and all the products that we planned on selling.

Amber and her succulents.

… and making a sale.

On arriving we discovered that someone else had set up in our designated spot. We milled around waiting until the problem was sorted and then once a new space was allocated we busied ourselves with setting up. A very strong easterly wind challenged us with erecting banners and keeping the table clothes on the tables. It obviously was going to be a hot day. Thankfully the Red Gum Trees overhead would keep us in shade all day.

Bargain hunters were quick to do the rounds of the stalls… well before we were ready! Trying to set things up, they would be there asking questions and making purchases (we’ll have to be better prepared for this next time round!)

All set ready for the customers!

The kids’ anticipation and the joyful growing crowd created an air of excitement. It was a real country fair without all the commercial jazz that you see at many fairs today.

Firstly visitors and locals joined in with the Australia Day BBQ breakfast. Following the brekky the crowd moved onto all the stalls and activities. There were old machinery displays, free bouncy castle and water slide, a dunk tank, fairy floss, pat the animals, thong throwing contests (flip flops for all you USA readers!), face painting, as well as people selling their wares from home made fudge, plants and toys to live pigs, chickens and crafts. Other enterprising kids were also selling their toys, bikes, clothes and things that they had made.

Amber and Flynn with their “Fish in a Bottle”

Products waiting to be sold.

Having a novelty product is the key to drawing interest… and we had the perfect product that really did create a lot of interest! Flynn and Amber’s “Fish in a Bottle” were an absolute hit! Kids came from everywhere dragging their parents to look at the fish. Once at our stall we were able to market our other items to them.

Chayse soon got the hang of it. Whenever a customer wandered past he would hold up a lolly bag and ask people if they would like to buy one. Many people would buy lollies from him simply because he had asked (how can you refuse a little five year old eh!). There was another little boy walking around selling his Mum’s home made fudge. He too wasn’t shy in coming forward asking customers if they would like to make a purchase. Talking to his Dad later in the day, he said that his son had sold more fudge walking around than they did at their stall! I guess there is a lesson in that!

Kaitlin’s EYE heART on display.

…customers admiring her work!

It wasn’t long before we had customers coming in their droves. Talking with customers, handling money and recording on a pad what was sold, all kept the kids on their toes!

Taking it in turns to man the stall allowed each of us time to catch up with friends and also spend some of the takings at the fair.

Our enterprising kids were very happy with their result! Each was able to sell their products and make a profit. Flynn’s “Howitt Honey” was very popular and sold very well. Kit and Chayse sold about half their lolly bags and due to the hot day, Jai’s Icy-poles also sold well. Jai made a profitable sale with his exercise equipment, Amber sold some succulents, Kaitlin received some commissions for her “Eye heART”… and of course the “Fish in a Bottle” sold well!

Jai manning the stall with his exercise equipment.

Flynn selling his unpasteurized honey.

Cath and I also had a terrific result! There was lots of interest in Isagenix with a number of people requesting a follow-up to learn more about how Isagenix can help them. This was the first time we had put ourselves out there with our new business and running an Isagenix stall allowed us to develop our own self efficacy, as well as build our Isagenix profile in this community. We spoke with many very interesting people and learned a lot about their lives and interests.

By the end of the day we were exhausted!

Akaisha enjoying one of Jai’s Icy-poles (mittens to stop her hands from getting cold!).

Cathy explaining the health benefits of Isagenix.

It was important to celebrate our success as this is vital in fostering self efficacy around being entrepreneurial kids. The kids counted the takings and divided it up. They then paid any debts to realize their profits. Each received a congratulations and a hug for being successful enterprising kids!

Many great lessons around getting a “Financial Education” were learnt on this day. It is our hope that our kids continue to develop their self efficacy around being entrepreneurial, as we believe this will give them greater opportunities when they become adults.

Cathy talking with an interested customer.

Kit and Chayse selling lolly bags>

Finally we would like to thank the Burekup Country Club, and in particular Sally and Jason Barnden and their team, for co-ordinating the fair.

Our next blog will be a lesson in Money Mastery as we review our year with mentor/teacher Paul Counsel. Once again we appreciate subscribers encouragements, views and comments.

Chayse selling lolly bags to a customer.

Just as an added note… the day after the fair five more “Fish in a Bottle” sold!!


Burekup Country Club Heats up! … a Lesson in Marketing!

January 23rd, 2013


 

 

Last week there was fear and excitement in the small township of Burekup! The Burekup Country Club was on FIRE!!… and the Burekup Australia Day Fair may be cancelled!

 

 

Once a year for “Australia Day” Burekup hosts a fun family fare. Everyone in town usually comes along, together with people from the surrounding areas.

Burekup Country Club Hall.

This year it has had a little more publicity than normal. The local Burekup Country Club, who are the organisers of the event, had a fire that threatened to burn down the old wooden club house and town hall.

Thankfully the fire crew were able to put it out before it caused too much damage or anyone was hurt!

The newspaper heard about the near disaster and ran a story in the local rag on the fire that almost sabotaged the Burekup Australia Day Fair! The story stimulated fear and interest, which in turn was excellent publicity for the Burekup Fair!

Marketing a product, service or brand can be very challenging, especially if you are not savvy with marketing (like me!). Having very good marketing will sell even a poor product, yet having a very good product won’t sell easily unless you have it well marketed.

Our enterprising kids have all been challenged with marketing their products and brands. Cathy and I have also been challenged with marketing when promoting events or selling our products.

Only last weekend during our Money Mastery Program, our mentor Paul Counsel, shared some excellent insights into how the human brain works and how to target marketing. Some of his suggestions are outlined a little later in this article.

But firstly I’ll share with you the lead up to the Burekup Australia Day Fair and how our family have been crazily preparing for it. We see it as a terrific opportunity to market our brand, as well as the products and services that we have for offer.

Flynn showing his honey pots.

All bottled awaiting labels!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Howitt Family booked two stalls. One for all our enterprising kids to display and sell their products, and one for ourselves to provide people information about the awesome benefits of nutritional cleansing using the Isagenix system (our home business). Promoting our Enterprise For Kids brand and our Enterprise for Kids blog is also one of our aims!

Kit and Chayse sorting lollies.

Lolly bags all set to be sold!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Putting ourselves “out there” in our small community for the first time is a little confronting. Some people know what we’ve been up to, but for many it will be a surprise. Despite the challenge, we do see this as a chance to practice in readiness for bigger and better things to come!

 

 

So what products and services will our kids be promoting and selling?

 

 

Kit and Chayse will be running their Lolly Bag business. They have bought, sorted and bagged lollies to sell. Chayse also has a small fish tank to sell. He has bred colourful guppies which he will sell with the tank.

Amber watering her succulents ready to be sold.

Amber showing her product.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amber has been busy all year collecting succulents (cacti like plants) from people’s gardens. She has artistically potted these up into all kinds of unusual pots such as large sea shells, kettles and ceramic plant pots.

She and Flynn also plan to sell aquarium fish that they have bred.  They have salvaged and cleaned large glass wine flagons which make terrific fish bowls. They will market their brand “Fish in a Bottle”.

Fish in a Bottle.

Can you see the fish?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amber will also sell selected items from her “New from Old” business and she is putting together a Lucky Dip!

Flynn will be selling raw unprocessed honey. His brand is “Howitt’s Honey” and he has a brand new fresh batch to sell! Flynn also bought an excellent set of golf clubs for a very good price, which he intends to sell at the fair.

Jai showing his Icey poles.

Jai will be promoting his “Hire a Teenager” service. He already has clients in Burekup who hire him to do work on their properties such as mowing and window cleaning. Jai has also prepared a batch of frozen juice ice-cups on a stick. He has come up with some creative ideas to add value to his product. Jai is also considering promoting “Rent Exercise Equipment”. This business idea is in its infancy and may not quite be ready to run.

Kaitlin's Eye heART.

Lastly Kaitlin (Akaisha is a little young to have an enterprise!) will be promoting her new brand “Eye heART”. Being the creative one in the family, she will sell her skills by painting the eye of clients from a photograph. Around the eye she will also paint three things dear to them.

This opportunity for us all to market our brands, services and products will help the Howitt Clan develop self efficacy around being entrepreneurial.

 

 

So what does our mentor, Paul Counsel, have to say about marketing?

 

 

Well he has a lot more to say than the few little suggestions I have outlined below!

Firstly, you need to show your prospective customer how he/she will go from “Pain Island” to “Pleasure Island” if they buy your product or service. That is, you need to stimulate pain and promise pleasure. The best way to do this is with a before and after picture that is in black and white contrast. For example showing a before and after photo of someone using a product for weight-loss, or a before and after picture of someone receiving treatment for hair loss.

Just need the right ship to get them there!

Paul explains that a woman’s brain differs from a man’s brain and what stimulates pain for a man is different to that for a woman. The pre cognitive driver for women is “fear of abandonment” whilst the pre-cognitive driver for men is “fear of servitude” (that is being lower on the totem pole where women won’t choose them).

95% of decisions are made pre-cognitively using the Primal Brain. As a marketer you need to stimulate it into paying attention and speak to it in its own language. Some other ways to stimulate the Primal Brain are…

Targeting the emotions of fear, pleasure and pain and then offer a solution that is real and tangible.  Or offer a visual novelty such as Kaitlin’s “Eye heART”, Jai’s fancy icy-poles or Flynn and Amber’s “Fish in a Bottle”.

Now there is so much more that could be said about marketing. Paul will be running a weekend marketing course in Perth on the 23rd and 24th of February if you are interested in really delving into the world of marketing. What he teaches will certainly benefit anyone with something to market..

Luckily the Fire didn’t burn down the Club and spoil the Burekup Australia Day Fair. But boy was it an excellent way to wake up the Primal Brain by stimulating it with the pain of the fare being cancelled due to fire. This excellent marketing has created plenty of publicity for the event!

In our next blog we will likely have some photos and share our Burekup Australia Day Fair experiences. Hope to see some of you there!

We would love to hear from our readers, so please share your thoughts in the comment box below and if you like our Enterprise For Kids blog we would love for you to pass it around to your friends.

 


A Business Success Formula That You Can Teach Your Kids!

November 30th, 2012


In our previous post we shared Sean Rasmussen’s teachings around developing a healthy self image. This article follows on from that discussion as we share more of his valuable teachings around being successful in business.

How would you like to know Sean Rasmussen’s Business Success Formula?

Teaching these understandings to your children will set them on the path to being successful entrepreneurs.

 

Sean introduced a simple formula that will get results in business. The formula is…

 

(Training + Tools + Team) X Time = Results.

 

This formula can fit all business models, whether it be Network Marketing, conventional business or an Internet Based Businesses. This fits with what we have read about Robert Kiyosaki and his Business Builder model (as opposed to small business). He describes building a business system that will grow itself. Sean’s formula formed the bases of the whole Boot Camp of which we were taught how to address each aspect through Internet Marketing.

 

In our recent blog about David Wood we discovered that he also uses this formula for business success and he taught us how to apply it to Network Marketing.

 

Training: Attend the boot camps, join a program, find a mentor and study the business system.

 

Tools: Use the tools provided by the business system. Use the tools that work, don’t be a tool trying to work it all out for yourself! Or as David Wood says, “Use the tools, don’t be a tool!”

 

Team: Build a team of experts around you who build your business. In internet marketing it may be virtual assistants, ghost writers and marketers whom you can contract very inexpensively from counties such as the Philippines or India. With Network Marketing it will be the people in your upline as well as those in your own network that form your team. You help them build their business and yours will naturally become successful as well.

 

Time: Give it your all! Without putting time into your business initially it simply won’t be successful. With businesses that grow and generate a passive income the amount of time you need to commit it great to begin with and the income is small, but as your business grows your work time will diminish, but your income will continue to grow!

 

Results: Your income generated from your business.

 

 

 

 

 

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Teaching Kids the Business Success Formula

 

 

Flynn extracting the honey from the honey cone.

The Business Success Formula can easily be taught to kids. Firstly help them get started with an enterprise. This way they will learn all about it. For example my son Flynn has learnt a huge amount about bee keeping, harvesting and processing honey and then marketing it.

 

Next teach them how they can make their business easier by utilizing the right tools. In Flynn’s case it was about borrowing the right extractor equipment and using an expert’s advice (his Grandad) which saves him time.

 

Then investigate ways of putting a team together to make the process less work and more profitable. Flynn utilized his friends to help bottle the honey, he had people selling his honey on consignment and he found people to take his honey to the market. He wasn’t doing all the work!

 

Flynn with his product

Explain to your kids about delayed gratification. That is: put the hard yards in now for a financial reward later. Once they see a result in their wallets/purses then they will fully grasp Sean’s formula for business success. Flynn has realised this. He used all his own money to buy his honey and he also paid for everything he required to bottle and market it He understood that he needed to make his business work in order to get his money back with profit. Once he experienced a result with his first batch of honey, he became much more focused and determined with his second batch, which by the way he invested twice the capital!

Three Reasons Why People Are Not Making Money Right Now!

 

Sean Rasmussen also pointed out three reasons why people are not making money right now. He emphasises the importance of “Action, Intention and Value”. When people use the Business Success Formula, and also attend to and are clear on these three things, they are perfectly set up to make money in their chosen enterprise.

 

Action

 

Action is obvious. Take action straight away whenever an idea or opportunity presents. As soon as an idea presents itself, build upon it. Avoid killing the idea with all the “what ifs”.

 

Intention

 

To illustrate the point about Intention, Sean had us all write onto a small card what our intent was for the three days at the boot camp, and then we put the card in our pocket to be carried around where ever we went. The idea is…  we thought about and put out to the universe our intent without trying to force an answer or outcome. Amazingly, by the end of the three days the answers to our intention were answered! Intention can also be aligned with having a plan.

 

Value

 

He refers to Value as being your highest values. Sean Rasmussen explains that your highest values dictate what you focus on. So it is crucial to ensure that what you want, whether it be health, money, family or whatever, is high up on your value list, otherwise it simply won’t happen.

 

Our Money Mastery mentor, Paul Counsel, also enlightened us to this very important distinction. For us we struggled with putting business ahead of family as our highest value. Our kids have always been our highest value and consequently take up all our time and energy. So what we learnt was that we needed to align business with our highest value of family. Hence we have done that with this very blog and with other enterprise we are pursuing. By aligning our highest value with business, we then have better focus and desire, and our enterprise is moving forward and so are our entrepreneurial mindsets.

 

So there you have it… Sean Rasmussen’s Business Success Formula.

Flynn celebrating his business success!

In our next blog we will talk more about the wonderful personalities we met whilst on Bootcamp and the sorts of things they are doing to inspire others.about the tremendous opportunity for our kids (and us grown ups!) with building a membership site on the internet. The figures possible…. are mind-blowing!


Sean Rasmussen… Developing Self Esteem!

November 8th, 2012


 

Our family’s entrepreneurial journey so far has been exhilarating!

 

The more we learn about successful entrepreneurial people and what makes them different from everyday people has helped us to not only understand our own subconscious beliefs and values, but to  re-condition our own subconscious into developing a mindset and value system that is accepting of economic and personal success.

 

Our journey of self discovery has allowed us to look deep into our own habits, thoughts and belief systems and that of our children.

 

Sean, Cherie and us!

However, what has really inspired us, are the people we are becoming friends with along the way. Positive people with energy, motivation, connectedness and drive! These people are our reference group and by simply becoming their friends we are able to absorb their awesome energy!

 

We flew to Surfer’s Paradise on the Queensland Gold Coast to attend a three day intensive Internet Marketing Boot Camp run by the guru of internet marketing, Sean Rasmussen. Sean’s rags to riches story was an inspiration! From working as an electrician on a mine out from Karratha in Western Australia, carrying a large debt and working very long hours, to becoming a wealthy and very successful (self taught) Internet Marketer!

 

He would spend twelve hours a day, six days a week, working on the mine site and then teach himself internet marketing during his few waking hours at home (and only sleep for four hours a night!).

 

He made it his highest value to change his family’s economic situation by being very intent on finding a way to build an online business.

 

Sean’s focus and persistence (and total support from his family) soon paid off, and within a couple of years he had built a extremely successful business that well and truly replaced his income from his JOB. In fact, Sean’s income rapidly grew and now he has a multi million dollar business!

 

It seems odd that we travelled so far just for three days, when Sean and his family actually only live less than an hours drive from where we live here in WA. But, of course, being an Internet Marketer, means that Sean has client’s all over Australia and the world. But it’s pretty cool knowing that we have an Internet Marketing Guru who is well recognised world wide, living just down the road!

Our experience over the three day weekend was mind blowing! Sean’s amazing knowledge, enthusiasm and sense of humour kept us captivated throughout the event. We met and became friends with many fantastic people who inspired us with their commitment, passion and variety of topics they were blogging about.

Sean and David at our Boot Camp.

Many had major hurdles to overcome to pursue their passions like Dave who is 21 and has Cerebral Palsy. Or Lynda, who is his supportive Mum, has 4 other chilren at home, and takes the time to bring Dave to Sean’s Bootcamps because she also wants to expose him to the myriad of possibilities out there.

Or Dr Wiliam … (or Dr Bill as he is affectionately known) who is a spritely 80+ yrs young!

Or Catherine, who dreams of working from home so she can still spend time with her gorgeous baby girl.

Or Helen, who came along with her husband Alex and we worked out that Trev taught her in Yr 5 in Geradton!

Or Dale, who’s passionate about Natural Health.

These are just some of the incredible people we met and who we know will make huge successes of their businesses down the track, especially under Sean’s wings. We will expand on the human nature of some of these wonderful people in our next blog and show you the range and depth and variety of people who take up blogging to express their passion.

 

Also in a later blog, we will share the amazing opportunities that Internet Marketing can bring, especially for our kids who want to utilize this brilliant wealth creation vehicle. But for now, we wanted to reflect on our weekend and the insights we gained from Sean Rasmussen around developing a mindset for success, and in particular how to develop self confidence!

 

 

 

 

 

 

 

 

 

What we like about Sean is his down to earth approach to life. He carries no airs or graces. In fact he and his family enjoy much the same things our family does. They have a hobby farm with a mob of sheep and a crazy dog, their kids play soccer on the weekends in Bunbury and they enjoy the simple everyday aspects of family life as we do.

 

Sean genuinely wants to help people succeed and he really gives value far beyond what you’d expect with his training and programs. He makes genuine connections with people. Sean explains that with business it is all about finding out people’s problems and then providing the answers.

 

Now this isn’t the first time that we have seen this pointed out. In fact all the successful people and mentors that we have been fortunate to learn from all say the same thing.

 

Connect with people and help provide them the answers!

 

Connecting with people at the Boot Camp!

Sean points out that everybody is an expert. Just find what it is that you are passionate about and become that expert! Find out what people want to know, then build a business around your expertise area.

 

Self Esteem is another important contributing factor to success. People must take full responsibility for their results in life, not look for fault or blame in others. Sean points out…

 

Your dreams already do come true. Make your dreams good ones!

 

Maxwell Maltz (1899-1975) wrote Psycho Cybernetics (1960), a self help classic which revolutionised positive thought. Today’s success teachers (Tony Robins, Demartini, David Wood, Paul Counsel, Sean Rasmussen – just to name a few) understand and refer to. Your self image is the key to human personality and human behaviour.

 

Change your self-image and you change the person.

 

Action, Results and Perception are consistent with your self image.

 

Maltz explains that you will act like the person you perceive yourself to be and your “experience” will be consistent with the way you “see yourself”. We see examples of this everyday. People act the way they perceive themselves, and this is more often than not, drummed into them at a young age.

 

To put it into context… students fail because they are told that they are failures by parents and teachers. Babies are born “clean”. We interfere with their self image.

 

Success runs in the family… in the mind!

 

Maltz points out that disease and success carry through families because it is carried in your mind. If you accept defeat then you are defeated. It is all in how you think and how you behave!

 

Sean explains that you are better off moving in the wrong direction than not moving at all. At least when you are going in the wrong direction, you can alter course and start going in the right one. It is important to set goals and move forward, otherwise you’ll live in the past. Negative feedback should be seen as a good thing. It helps you correct errors and stay on track. If you can remember that going off track, or off course is not a bad thing, it simply reminds us to re-evaluate what we are doing and self correct. Hopefully we have the self esteem (or at least a great mentor) who can help us find our way back when we stray too far off course.

 

A healthy self image allows you to locate the answer… to anything!

 

To Get a Healthy Self Image

 

  1. Have a goal that is already in existence now and in actual or potential form. (have one that you feel is achievable, but remember to always aim for the moon, because if you fall short, you’ll fall amongst the stars)
  2. Have only an end result in mind..… the “how” will be provided by your Automatic Success Mechanism or ASM (success drawn to you because you believe and trust it to do so- it’s your self image!).
  3. Do not fear mistakes. Negative feedback is a vital part of your ASM. Negative feedback keeps you on course. It is a fact that you get more things wrong in life than right. Just about every super rich successful person has been a failure or broke at some stage.
  4. Dwell on your successes. Your ASM will mentally correct errors until success is achieved. It remembers the successful motives and forgets the failed ones. Think about a basketballer and how he/she is able to achieve the successful shot. It takes pracise and refining or self correcting until the successful shot becomes a pattern in his/her subconscious.
  5. Trust your ASM to do it for you. Focus initially on the end result. Hand it over to your ASM. Do not jam it up with “worry”. Sometimes you have to just “trust” in the universe and know that it will provide you with the solution you are seeking especially if you have a clear intent or know exactly what the end result is that you’re trying to achieve.

 

Rational Thinking

 

Sean and his family.

Your subconscious mind has no “will” of its own. It will obey your conscious demands (based around your self image thoughts). So it is through conscious thoughts that you are able to control the ASM. Using rational thinking to challenge your self imposed limits.

 

Habits

 

It takes twenty one days for something new to become familiar to you. This is when it becomes a habit and you become comfortable with it. A great exercise to test changing a habit is to try brushing your teeth for twenty one days using your other hand. At first it will feel really funny, then you will feel more comfortable with it.

You can use this concept by copying the habits of those you aspire to achieve the same results as, for twenty one days. Napoleon Hill also refers to the importance of copying and developing the habits of the wealthy in his book Think and Grow Rich.

 

 Tips for Parents of Entrepreneurial children.

 

Cath and I in Surfer Paradise!

Why not teach your entrepreneurial kids to be disciplined to develop the habits of successful people. Do this by first noticing everyday habits of people around them and then discuss how their habits have contributed to their success by looking at their results. Have your children read biographies of successful people. Build your children’s self image. Encourage them to be leaders, promote public speaking, help them with enterprise and celebrate their successes. Challenge them with exercises to change the way they do things.

There is plenty more to share from Sean Rasmussen ’s Boot Camp, and we look forward to introducing you to just some of the gorgeous people we met and were inspired by. We will also talk about Sean’s formula for success and the three reasons why people are not making money now!


Kit and Chayse and a Lesson on Self Efficacy!

November 1st, 2012


Kit has decided to form a partnership with Chayse with his Lolly Bag Enterprise for Kids Business! He figured that his Dog Walking business was moving too slowly, and he saw how easily Chayse was making an excellent profit. So they joined forces and together visited the local supermarket to spend their capital on buying large bags of confectionary. This time they were very serious and bought $230 worth of lollies!

The Production Line

Once again the family pitched in around the dining table to sort and bag all the lollies. Before long Kit and Chayse, in partnership, were ready to go out to the sporting grounds and sell their product. Click here to view a video of Kit and Chayse’s production line!

This time round was a little different though! Our kids had been taught and now understood the value of gifting (An Entrepreneur’s Conscience). Taking a small portion of their profits and giving it towards a worthy cause, teaches the kids about generosity and about appreciating their own good fortune. We also believe that by giving, the universe in turn will give back in some way or form. Flynn, for example, is putting money to one side to give to our African sponsor child Cheroko. Amber has chosen to give to the Cerebral Palsy Association because she has a school friend with this disability. Kit and Chayse have chosen The Flying Doctor Service as their charity because the Flying Doctor really helped us out when Kaitlin was born in a very remote Kimberley town. (Kalumburu).

Designing the For Sale Sign with RFDS as the beneficiary....

All the soccer lads checking out their lollies.

Watching Jai in action at the soccer fields!.........

 

 

 

 

 

.....whilst the boys sold their wares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

So armed with renewed confidence, the two boys did the rounds of the sporting grounds and sold box after box of lollies. They were magnetic – attracting people from all over the place. Just like the Mr Whippy Van!

The boys were very good at counting money and giving the correct change. They did at first need prompting to approach groups, and to say thank you. However, after a while their confidence grew and they happily spoke with customers. There were lots of questions about what they were doing and why they were selling lollies. Kit and Chayse would tell people that it was their business and that they were also giving a little money towards the Flying Doctor’s Service. People were all very happy to support their business and some even bought lollies just to have a chat with them!

On a later trip to the sporting fields I was super surprised to find that young Chayse had taken it upon himself to gather up his heavy box of lollies and head off down the lines of spectators. I had no idea that he had gone as I had been focused on watching Flynn playing his soccer game. I was suddenly alarmed to notice that the lolly box had gone from under my feet and that Chayse was no where to be seen! Looking around I could see some commotion about fifty metres away. It was Chayse with a crowd of people buying his lollies.

I was very proud of the little “fella” as he had proven that he was developing his self efficacy with being an entrepreneur. Through many weeks of shyly putting himself out there with his customers selling lollies, he had finally built the confidence to go it alone!

If he keeps this up he will be an awesome young entrepreneur when he grows up!

Cathy and I have been learning the importance of self efficacy at our Money Mastery Course from our mentor Paul Counsel. He explains that it is very difficult to just switch and be an entrepreneur. What we need to do is to build up to being one by pushing our upper limit continuously. That is done by doing things that take us out of our comfort zone. Take on new challenges and then celebrate the success, then repeat it over and over again. Eventually you become comfortable with being uncomfortable, which in turn open up new possibilities and attracts opportunities. This is exactly what has been happening with our four year old son Chayse… in fact it has been happening to all of us!

Kit also demonstrated his growing confidence only a few days ago. He said that he wanted to take his Enterprise for Kids lolly business down to the local skate park all by himself. We agreed to his request and let him go. His big brother Flynn was instructed to follow behind at a distance to make sure he was OK.

Self Efficacy!

Well Kit sold a bunch of lolly bags and on returning he announced, “A Granny gave me a big cuddle and kiss!” Not sure what he was going on about we asked him to explain. Kit said, “She was really happy to see me doing my business.  She bought some lollies and then gave me a cuddle.”

 

 

 

Two young Entrepreneurs....

....share their rewards.....

 

 

 

 

 

 

 

......with the RFDS.

You can donate directly to: www.flyingdoctor.net

 

 

 

 

 

 

We believe that our enterprising children are experiencing mindset shifts to think more and more like entrepreneurs. It will be interesting to see how this changing mind set effects the way they approach their enterprise for kids ventures. It all takes a lot of practice and confidence. In later blogs we will talk more about self efficacy and how our other children are moving along with it and we we also share our own enterprising endeavours!

Network Marketing… A Brilliant Wealth Creation Vehicle!

October 26th, 2012

In our last article we shared our awesome, mind blowing experience at David Wood’s Break Through Training. Our article talked about David’s teaching of how to be tremendously successful and happy!

 

He teaches about attitude, mindset and overcoming fear, but he also explains that you need a vehicle (preferably vehicles) to build wealth. David Wood’s favourite wealth creation vehicle is Network Marketing! He has managed to generate tremendous wealth from Network Marketing, and although he has built several million-dollar Network Marketing businesses, today he is committed to the billion dollar company, Isagenix! David Wood is a professional Network Marketer and an exceptional trainer and mentor.

 

At the three day training seminar we became friends with many people with awesome energy! As it was primarily an Isagenix training, everyone there were Isagenix business builders. This common ground gave us all plenty to talk about. We had this tremendous belief in the company and the quality products that it has developed and won national awards for. We also saw the tremendous opportunity Isagenix offers for those who want optimal health and those who choose to use it as a vehicle to build wealth.

 

Network marketing is the business of the future! People referring people to use the products that they themselves are using and believe have excellent benefit. There are no shareholders expecting dividends, middle man taking his cut, or expense through having to run a down town shop. You don’t need to employ anyone, pay for stock or maintain complicated book keeping. Network marketing requires zero start up capital, no franchise fees, and has a unique business structure whereby you help others to build their businesses and become successful, and by doing so it actually builds your own!

 

Now isn’t that awesome… all you need to become successful is to help your friends become successful!

 

David Wood explains that finding out about people and what is important to them and how you can be of help to them is the key to being successful. Connecting with people on a genuine and personal level cannot be underestimated.

 

Network marketing provides a proven system that works, so stick to it and use the tools the system provides. More of David Wood’s wise words…

“Don’t be a tool, use the tools!”… and…  “Systems are duplicable, people are not!”

 

He points out that it is our job to be great leaders… and great leaders aspire to inspire! If people are inspired by you, they will be drawn to your energy.

 

 

Network Marketing doesn’t require degrees, or fancy titles, or real expertise… anyone can get involved. What’s more, people can choose how much they want from it, whether it be simply using the products, paying off their car payments or weekly bills, to becoming financially free! There is no cap on income, unlike having a job.

Once you build your business up it will pay a healthy residual income for years to come without requiring giving up time. Really… it is a perfect opportunity for those who are ready for it!

 

At David Wood’s training there were plenty of everyday people achieving success, with some of them having built profitable businesses in only a matter of a few short months. The sky’s the limit, but it requires dedication, honesty, perseverance and hard work, just like any business. It’s just that with network marketing, eventually the residual income will allow freedom of time for you to do the things you want to do. If you are lucky enough to find a product that you believe in and can see make a difference in the lives of everyday people, then it is also a career you will love!

 

Network Marketing is also an excellent wealth creation vehicle for young people leaving school. Rather than getting a job, why not encourage your teenager to become an entrepreneur and build a successful business. By the time their peers have completed their university degrees and entered the workplace with a hex debt, a young network marketer could be making a six figure residual income. It is something we will look at for our own kids.

 

Robert Kiyosaki, Bill Gates and Donald Trump all describe Network Marketing as an excellent type of business to be involved in.

Warren Buffett himself invests in three of the top world network marketing companies.

Points to remember when choosing a network company as your wealth creation vehicle

1. The product must be second to none. You must use it, love it and have had a great result from it, or there is no point trying to make a business.

2. Do your homework on the company. What is it’s annual growth? Who are the leaders in the company, what is their track record and what is their vision for the business?

3. What is the company’s compensation plan? Does it help all of it’s members and give opportunities to all, no matter where they are in the network? There are many differing plans, some much better than others. The “Binary Compensation Plan” is one worth considering.

4. Does the company have a bigger vision to help make a difference in the world. Do they follow through with what they truly believe in and direct some of their profits to the charities they support to make a difference on a global level?

5. Are the products sustainable and likely to be around in the future? Are they well recognised and credible, and is the company continuously developing and improving their products?

 

May be a book worth reading!

To finish off we’ll share some of David Woods quotes…

“We don’t stop playing because we turn old, but turn old because we stop playing!”

 

“How I do anything is how I do everything!”

 

“Take 100% responsibility for everything in my life and for everything not in my life.”

 

In our next blog we get back to our own kids journey with becoming entrepreneurs. We will take another look at Kit and Chayse and see how they have grown their enterprising business and helped a charity along the way!

 

Links…

Isagenix products.

Isagenix entrepreneurs.

Isagenix compensation plan.

Our Isagenix Business website.

Isagenix in the News.

David Wood – The Master Trainer!

October 16th, 2012

David Wood is the Master of all trainers!!

 

David Wood

We were spellbound by David Wood and energy, inspiration and mastery when he presented his Break Through Training Program to us last weekend. Everything is possible for anyone despite circumstance. All we have to do is step out and go get what we want without allowing fear to pull us back. We must take 100% responsibility for what we have and what we don’t have, without laying blame or excuse. We are the only ones who can make the shift in mindset and create success for ourselves!

During the three day program we gained tremendous insights about ourselves and how we are with people and how we approach life. David emphasises the importance of connecting with people. His tip is very simple, say “hello” and do it as often as you can, with energy!

This testimonial by Allan Kerr was spot on…

“The content is heavy hitting and invaluable, the delivery by David is strong, sometimes confronting and punchy, but mostly fun. Many of us know what we should be doing, but David has a remarkable gift of being able to make every attendee realize their shortcomings and realize what they need to do if they truly want to achieve their goals and dream with this business model, in fact with life in general. So,…. face the fear, and do it anyway! Just have a go …have a who cares, so what attitude, have fun, and get out there and talk to people, make new friends, and you will be rewarded with whatever it is you seek!!”

Break Through Training Perth 2012

One of the things that stood out for us was that “No doesn’t always mean no forever.”  David Wood reminded us in a fun game how to act when you do get a “no” – do the Happy Dance!  And do it like you mean it.

Don’t let yourself go down that path of “I didn’t present well enough, or I didn’t know my stuff well enough, or I’m not qualified enough…. Whenever you hear a no… instead, think of it that you’re only one step closer to your next “yes” and then celebrate the no.

Many of the distinctions and lessons that David taught us were very much in line with what we’ve been learning with our Money Mastery course with mentor Paul Counsel. One of those is in respect to the importance of a reference group.

“I become the sum of the five people I spend the most time with.”

If we want amazing results in our lives we must aspire to associate and become connected with other people who are getting those results. One way to do that is to attend events and form mentor groups with people with similar aspirations. This allows new friendships with energetic, motivated and successful people.

We also recognise that this is just as important for our kids. That is why we encourage them to mix with positive peer groups and get them involved with sporting teams and enterprise.  As David put it…

 

“Environment is stronger than will power!”

 

So rather than deal with your will power, just change your environment and reference group.

We learnt also that “success is not convenient”. It requires getting out of routine and comfort. During the training program David pushed all our boundaries to get us to practice being uncomfortable. He did this by having us talk to strangers on the street, miss our coffee breaks, hug each other, hold hands with people we didn’t know, stay on late way past the planned program times, speak publicly, become vulnerable, and dance and dance and dance! We love his favourite saying…

“Get so uncomfortable about being uncomfortable that you get comfortable!”

David Wood the Master trainer and Us!

This is something we definitely need to encourage in schools!

Here is a great little exercise that David says works… don’t blame, justify, complain for ninety days and your life will completely change.

David truly believes that no dreamer is ever too small, no dream is ever too big!  He says that if you don’t know where you’re going, every road will get you there. All we have to do is make a start and follow a road. He also points out that…

 

“We will miss 100% of the shots we never take!”

 

So just believe in yourself and have-a-go.

David points out that everyone was once a disaster, including him! David’s life certainly didn’t start out on the right track. His Dad left the family when he was seven and he grew up angry with his mother. He dropped out of school and was in all kinds of trouble as a teenager living on the streets. David spent ten years travelling around the world, broke and living day to day. He worked as a chimney sweeper, window cleaner and barman. He discovered for himself that “who you were can completely change!” This realization led to a different thinking which brought him massive wealth, success and happiness way beyond all his expectations. His success is a direct result of a change in thinking and attitude.

Paul Counsel also supports the view that we are a product of our thinking. What we think and believe will become our reality.

David points out that your results are telling you what’s going on in your life. If you are unhappy and poor, then you need to consider that what you’ve been doing up until now doesn’t work. And if you don’t find a new way and make changes, then your results will only continue to be the same. His advice is to stop taking advice from broke, unhappy people, and seek out successful mentors and friends who can move you along in the right direction.

Lastly a couple of testimonials from friends who attended the break Through Training with us…

An amazing weekend with David in Perth along with an awesome group of people…all willing to feel the fear and do it anyway! Life is not a dress rehearsal…just do it! Stop justifying, blaming and complaining… Grab happiness with both hands…Thankyou so much!
If you ever have the opportunity to spend time with David – take it!
Tracey

Thanks David for an awesome weekend! If someone had told me I could sit through 3 massive days of training and never once feel like I was falling asleep I would have said impossible. The way you share the information and teach is inspirational. So many laughs and take away lessons – none more so than how to connect and change the warmth in a room. Inspired to say “HELLO” more often.  Melissa

David, this weekend in Perth has left a permanent imprint in my heart and mind. I will take 100% responsibility for what I have and what I don’t have! Your seminar was so well presented and motivational that I have already started applying the strategies to every aspect of my life and have been dancing my “no boogie” quite regularly!! Denise

To Listen to Jack Canfield interviewing David Wood CLICK this image

One of our favourite podcasts I’ve listened to recently from David Wood’s “The Kickass Life” series was his interview with Andrea Owen, Hellraiser (as she calls herself).  She talks about becoming your own biggest fan and becoming a legend in your own mind.  We love that.  Get rid of disempowering thoughts.  And if the thoughts won’t go away, learn to manage them. Take the power away from the gremlins inside your head!  Take advantage of the tremendous inspiration David provides for free on “The Kickass Life” series. CLICK HERE to listen in.

David Wood gave excellent teachings about daily life, relationships and business, (especially about the network marketing or referral business). In this day and age, that is how most businesses operate (whether they think they are or not. Referrals are the number one way that businesses keep loyal customers). There are exciting times ahead for Generation Y as they are fantastic at networking and do so in every day life with all forms of multimedia!

In our next blog article we will talk about the tremendous opportunities for everyday people using this awesome wealth creation vehicle to create residual income and financial freedom. So if you’re curious about this opportunity for yourself or for your entrepreneurial kids, then don’t miss this article!

We will also revisit Chayse and Kit and see how they achieved their financial goal and managed to give some of their money to a worthwhile Charity, the Royal Flying Doctors Service.


Plan to Buy Gold and Silver!

October 11th, 2012

“Failing to plan is planning to fail!” Robert Kiyosaki

 

Most people have a plan on how to make their money, but they do not have a plan on what to do with their money when they make it. Kiyosaki points out that often these are the same people who will have a problem with not having enough money.

He also explains that if you have a good plan before you earn it, then your problem will be having too much money! …Now I like that problem!

Kids need an education on how to plan what to do with their money when they earn it.

Kiyosaki goes on to say,

“Poor people don’t have a plan. All they do is earn more money and spend it on bigger liabilities that take more money from their pockets and then they have to earn even more money. Therefore, despite what they earn, they are always short of money.”

The solution is to plan to spend earned money on Assets (things that appreciate over time) to make passive income. Don’t buy liabilities (things that depreciate and lose money over time) with earned income. Then use some of your passive income from the assets you own to buy the liabilities you want.

Our own kids are all busy planning their enterprises and are successfully making themselves money. They have plans to buy liabilities such as nerf guns, Ipods, computers and so forth, but no plan to buy assets. So I thought it was time to have a conversation with my kids about having a plan to buy assets.

We wrote an article about our conversations with the kids about Assets and Liabilities.  Here is a link to that article.

Once “Assets” as opposed to “Liabilities” was explained to the kids they were then able to make a plan to buy assets. In the above mentioned article I gave several suggestions of Assets that kids could buy. I would like to elaborate further on why Gold and Silver is an excellent asset that our kids could buy with their earned money.

Gold Coin from Lydia

Subscribers to this blog would have seen the promotion of a Gold and Silver Seminar that we hosted here in Bunbury a few weeks back. Our presenter, Andrew Smith, a mining engineer, investor and businessman, has been intimately involved with the world of Gold and Silver mining for many years. He gave many excellent reasons why Gold and Silver is well worth considering as a long term asset investment. I’ll now explain some of those reasons.

Gold and Silver is recognised world wide as money and can be used to buy products and services just as fiat currencies can. The first gold coin was around in 600BC in Lydia, Asia. The difference being, currencies devalue whilst gold and silver hold their value.

Andrew invented the “Meat Pie Indicator” to show why this is!

Aussie Gold 2012 Coin

Let’s see if you can get your head around this explanation of how the Meat Pie Indicator works!!

Back in 1970 you could buy a meat pie for 40c and today the same pie would cost you $4.50. Andrew explains that this indicator shows the Aussie dollar devaluing 350% over a period of 42 years (ie you need 350% more cash to buy the same pie).

What is interesting, is that if you had bought the meat pie with 40c worth of silver back in 1970 when silver was less than $2 an ounce, you would have needed one fifth of an ounce. Yet if you bought the same meat pie today using silver (at $35 an ounce) you would only require about one eighth of an ounce of silver. Silver has increased in value by more than 400% during the same period!
This is a terrific example of the Dollar devaluing due to inflation, whilst Silver (& Gold) gains in value! And no it isn’t just the Aussie Dollar that has devalued! All world currencies have! What’s worse, is that hyperinflation in certain countries have caused their currency to become absolutely worthless. Take Zimbabwe for example. Interestingly though, the people of Zimbabwe are now using gold to buy and sell goods.

If you are interested in understanding more about Hyperinflation and how it could even happen to us down under, then have a look at these videos…
Hyperinflation Nation Part 1

Hyperinflation Nation Part 2

Hyperinflation Nation Part 3

“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man” Ronald Reagan 1980

As you can see, having precious metals is a hedge against inflation and devaluing currencies. Although this in its self is a very good reason to own gold and silver, there are also many more reasons.

Reserve Banks around the world are injecting more and more money into their economies. This money is being created out of thin air! Every time this occurs it dilutes the money supply and makes it more expensive to buy goods and services. It creates inflation, which in turn reduces the buying power of the dollar. What also happens is that more money is needed to buy gold and silver!

It is estimated that there is 80,000 tons of gold in the ground (in the World) and we currently mine 2500 tons a year. At the current rate of mining there is less than 30 years of gold left in the ground. Silver is running out even faster with only 20 years of silver mining remaining. I guess you can see that with gold and silver running out and the ever growing world requiring more and more of it, then you would expect their values to increase.

Indian Bridal Jewellery

What’s more, the Indians and Chinese love buying gold and silver, and as they become wealthier, so will their thirst for these metals. There are 2.6 billion Chinese and Indians. Much of the gold is bought as jewellery during the Hindu wedding season and during the Chinese New Year celebrations. It is estimated that there is 18,000 tons of gold jewellery present in India alone today. That is a huge amount considering that 165,000 tons have been mined world wide to date!

The commercial demand for silver in manufacturing products such as mobile phones, solar panels and mirrors means that the silver used with producing such products is not stored, but used up. This demand has been increasing year by year.

Since 2001 the USD gold price has increased by 500%.

Gold from $300/ounce in 2001 to $1750 today

Silver from $4 an ounce in 2001 to $34 today

As you can see fundamentally owning gold and silver for the longer term looks to be very promising. So why not introduce your kids to buying this asset class with some of their earned money, or rather than giving them cash for birthday presents, give them silver!

Perth Mint

It is very easy to do. The Perth Mint buys and sells gold, silver and platinum. All you need to do is walk in and buy it. Gold at $1750/ounce may be out of their league, but silver at $34/ounce is manageable. They can buy coins or bullion. Bullion will be better value for money, as coins are looked upon as collectables and have an additional cost for minting which greatly inflates the cost to buy the silver.

Our kids now have new goals. There goals are broken up into three parts and they have a plan for each. A part for buying liabilities, a part for buying assets and a part for tithing!

This website is worth a look at if you are keen to further your education on Gold and Silver.

$20 Piggy Bank! Click Picture

Cathy and I and a group of our friends are very excited to be heading up to Perth to learn from another Great Master. His name is David Wood and his event will be awesome!  So I guess our next blog article will be about what we learn from him!


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