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Saturday, August 8, 2009

Secret Path to Success

In retrospect this was obviously a time to buy, but typically when the best opportunities are ready to be plucked the banks won't lend a red cent, hence the reason the opportunities are so good However I digress the point I wish to make, was also in this same time period. Our financial management practice had come across a property that due to a number of taxation benefits relating to depreciation and the fact that we could buy a five story brand new office building for land value.


Combine this massive advantage with the fact that we also managed to obtain a pre redevelopment lease for ten years which returned an attractive cash flow positive returned even if you borrowed 100% of the purchase price plus the acquisition costs. It still produced an extra $1,000 per calendar month The bottom-line was that it was the best numbers we had seen.


However it was the hardest project we ever sold, why because it appeared to be too good to be true. Whilst of course the old saying if it looks too good to be true it mostly is, does hold value, however we should not allow its wisdom to blind us. Often the best opportunities are masked otherwise everyone would be rich, if they were all sitting out fully exposed.

The point is to keep open stay focused do proper due diligence and always be alert. I see the same reality in regards to opportunities on the net. The search engines are bulging with wild unrealistic claims.

But just like any industry there are also a significant number of genuine passionate operators, who do offer sincere professional services, products and remuneration packages that are realistic, attractively structured and achievable.


So my point is, don't throw the baby out instead of the bath water. The Internet does offer unprecedented opportunity, however the eighty, twenty rule seems to blow out on the net to a ninety, ten rule. This rule applies to general business in that 80% of your Business comes from 20% of your staff.


My advice is to get the knowledge you require first. Understand that there are predators, so you need knowledge to protect yourself. There is massive income potential for the informed but only for the informed. So become informed it really isn't that difficult you just need the get the right information.


Then you will enjoy the full journey of this magnificent vehicle that has created the opportunity for more average people around the world to share in wealth, than at any other time in the history of man.

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