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Step by Step to Creating Wealth
2008-04-29 23:32:00 Some of you might have noticed that I haven’t updated my blog this month. This is not because I’ve stopped working - rather it is because I have been working on the most exciting initiative to be launched this year!! I have received many emails since I started this blog from students and workers alike that wanted more information on how to make money. I have also had many journalist interview me and ask me what my advice would be for young people wanting to make money. My answer is always the same. Its all about what you know. Education is a very important part of the wealth creation process. I have always felt that my place on this beautiful home we call earth is to help people reach their full potential. And educating them is once of the main ways to do this. The only problem with education on wealth creation is that it cost $1000’s or many hours of networking to get any of the real meaty strategies. This is out of reach to many of us. I am determined to change t... More About: Wealth , Creating , Step
The Internet TV Revolution
2008-03-25 04:08:00 It is becoming easier than ever to stream high quality videos online - and with faster connections and higher bandwith ability the obvious coming revolution is Internet TV. I have recently tried the internet TV thing for the first thing and I was wonderfully surprised at what I found. High quality video with limited lag and a wide variety of entertaining television. All the way from live sports, to movie channels, to documentaries etc etc. It really is replacing high priced cable and satellite tv at the fraction of the cost. I recommend you check out the Satellite TV Cube. You get 4000 Worldwide channels forever on your PC or Laptop and it won’t cost you any monthly subsciption fees! Being an immigrant myself I was excited to see the news channel and many sports channels from my home country streamed straight to me. So check it out here. The other side of the coin is the income that this Internet TV revolution will create. And you need to get on board before you miss the... More About: Revolution , The Internet
Advice for young entrpereneurs looking to start
2008-03-09 20:53:00 I often get asked for my advice for young entrepreneurs. I always just relate it back to my experience. I have found many young entrepreneurs start with great ambition. And if that ambition is not turned into action and results, it turns into discouragement. So the secret is to couple that ambition with something that will generate success. So what are some of the things we can do to ensure this happens? The first thing we need to do is educate ourselves with the right knowledge. There is a proverb in the bible that says ‘My people perish because of a lack of knowledge.” So many people are stuck in a hole simply because they do not know how to get out of it. To expand your life you have to expand your thinking. And to that you have to expose yourself to new information. Sometimes that information will cost money. But always remember ‘Don’t look at the price of the shovel when you are digging for gold.’ The money you spend on educating yourself wi... More About: Advice , Start , Young
How to make money Parallel Importing
2008-02-25 11:25:00 I’ve had many people ask me about paralllel importing. It is an idea that is known to make money yet not much is understood about it. I recently purchased a beautiful Apple computer from a company that is parallel importing their products from the States. Their competive pricing and quality product got me interested in the idea of parallel importing again. I recently interviewed the CEO of the company Jens Muller. Check out their website ToshComputers. ·        What inspired you to go into business? I had the opportunity to work with very successful people early in my career, and following in their foot steps seemed the natural thing to do for more than 15 years, until I had the chance to take over my first business as CEO. ·        What made you choose the importing sector? My entrepreneurship students at University were arguing that it is not easy to start a successful and sustainable business in NZ and so I wanted to demonstrate to them that they are wrong.... More About: Money , Make Money , Make
Inspiritational Young Millionaires
2008-02-13 10:49:00 I have been surfing the web lately to find some inspirational young millionaires. I thought it would be a good idea to share some of these awesome guys with you!! One of the most inspirational guys I came across has been Ephren Taylor. This 25 year old multi millionaire made his first million when he was 16 years old. Instead of buying video games at 13 he programmed his own and now he is the manager of millions and millions of dollars worth of assets. Check out his website here http://www.4thdimensionmngt.com/. Also check out some you tube clips of him speaking http://www.youtube.com/watch?v=OPGKnDkH2H M. The second guy has been an inspiration for a while. I read his book “Reallionaire” last year and it brought so much inspiration in my life. His name is Farrah Gray and his philosophy and outlook on life is such a good lesson for young entrepreneurs. Life is more than money. It has to be a passion that you pursue to make a positive difference in the world around you. H... More About: Young
What to do with the New Zealand property market?
2008-01-20 13:07:00 Most of you living in New Zealand or Australia you would have heard the tone of the commments in the media begin to change in regards to property. The hype of the get rich quick stories have ceased and property is slowing and surely being perceived as a surefire way of losing money. This has of course all been predicted for a number of years by property investment gurus. It is a big honking sign that the property market is at a turn in the cycle. So with all the statistics, inluding house sales, interest rates and price movement pointing towards a slow down what is the best way to take on the property market in the next year or two? The way you answer that question depends on your financial situation. If you have been one of the smart and fortunate investors who have been able to take advantage of the boom in the last 4 years and find yourself with significant equity I would continue to look for cashflow positive properties to continue to build your passive income. I would also not ... More About: Market , Property
Interview with Andrea Lake -Young Entrepreneur, Celebrity and Millionaire
2007-12-18 00:48:00 Recently I have had the privilidge of conducting an interview with Apprentice star Andrea Lake. At only 31, Andrea already has an impressive business portfolio owning several multimillion dollar companies. To check out her most recent activities visit her site - http://www.andrealake.com. Q. Have you always had the desire to become a successful entrepreneur? A.  I knew from a really young age that I wanted to work for myself, my father used to tell me that if I decided to work for someone else my income, free time and life would always be dictated by their desires. I knew I didn’t want that! Q. At what age did you own your first business and did it come about? A.  I started my first business, Rhythm Styx, when I was 18. I was really good at playing with them (three sticks, hold one in each hand and throw around a third with those), and people just kept asking me to make them some. It started really organically, I made 6, sold those, made 12, sold those, ... More About: Celebrity , Entrepreneur , Millionaire , Interview , Young
Get paid to watch MintShot!
2007-11-27 21:30:00 A revolutionary advertising service has recently launched online for New Zealanders. The creators of Mintshot have been to create an interactive and fun interface where the viewer is the one that gets a return for watching ads, not just the broadcaster! The thing I really liked about Minshot is the sites ability to engage your attention by not only paying you to watch ads, but by allowing you to grow your mintshot dollars through daily games. The money you accumulate can then be used to bid on prizes. And unlike many of these online advertising services, there is actual real awards. It is very possible to be buying $25 food vouchers a week. So go check it out - http://www.mintshot.co.nz and let me know your successes  More About: Watch , Paid , Get Paid To
Importing from China
2007-10-31 00:00:00 I saw this interesting article yesterday on the Salehoo website that might help with some of the issues faced when importing goods from China for resale The prospect of importing goods from China is both exciting and terrifying for many sellers. On one hand there is huge potential for making money from reselling wholesale goods purchased ...
Tips when doing contemporaneous settlements
2007-10-29 00:00:00 I am currently sitting in Brisbane, Australia enjoying the hot summer weather. It is a good escape from the cold, windy New Zealand weather. I always find getting away on holiday releases your creative side again. I have had a renewed energy for business and property that I am looking forward to applying when I get back home. My ... More About: Tips , Doing , Temp , Settlements
Contemporaneous settlement vs assignments
2007-09-22 00:00:00 In my last few posts I have covered some hints about doing an assignment deals. Obviously it seems like a risk free strategy to make some money. However some people, especially retail buyers, frown upon the fact that they have to pay you a fee for getting the property. Even of you get it way ... More About: Settlement , Temp
Maximising your profit when assigning properties
2007-08-26 00:00:00 There are many things that can either maximize, minimize or destroy your profit completely when you assign properties. Today I want to give you handy tips that I have learned that will give you enough confidence to go and do it yourself! From finding the property until you have the deed of assignment ... More About: Profit , Maxi , Properties , Prop , Pert
How to assign a property
2007-08-22 00:00:00 Yesterday I shared how I have recently completed my first property assignment. Today I want to go some things that will help you do the same! Tomorrow I will go through some hints and tips that will help you do this well. Today I just want to go over the basics. When you assign a property ... More About: Property , Prop , Pert , Rope
Making money in property the risk free way
2007-08-21 00:00:00 I have completed my first assignee property deal. This is the most risk free way of making money in property and a very relevant strategy for the current market conditions. I will discuss the ins and outs of the strategy in the post below. First of all I’ll run through how this deal was completed. It ... More About: Money , Property , Free , Risk , Makin
My daughter is born!
2007-08-04 00:00:00 You might have noticed that I have not updated my blog much in the last week or so. But I have a good reason for this! On Saturday the 21st of July my daughter Charlize Caitlyn Fourie was born weighing in at 8lb5. It has been an amazing week getting to know the baby that ... More About: Daughter
Taking my Profits in the NZD
2007-08-04 00:00:00 Its been an exciting past few days. The NZD did top between 80-81c and fell about 5 cents (500 pips) in about 3 days! I should have followed my advice closer! I didn’t jump in as big as I should have so didn’t maximise my profit! However any profit is good profit! So many of you ... More About: Profits , Taking
Make some easy cash
2007-08-04 00:00:00 Don’t you just love that headline! Most of the posts I have I have read with that headline turned out to outline methods that was far from easy money. Everyone is looking for easy ways to make money and that’s why most people are out of money! If you are looking for ‘easy’ money in ... More About: Make , Cash , Easy , Some
Could this rate hike be the last for New Zealand?
2007-07-28 00:00:00 Mixed feelings this morning as the Reserve Bank hiked the NZ interest rates for the fifth time in the last 12 months. The base interest rate now 8.25%. The highest interest rate in the OECD by quite a margin. Personally I was relieved that the interest rate was hiked now instead of September. ... More About: New Zealand , Hike , Zealand , Rate , The Last
Interesting facts about Warren Buffet
2007-07-28 00:00:00 I stumbled across this great article on the net this week and thought I would like to share! Enjoy -Rick There was a one hour interview on CNBC with Warren Buffet , the second richest man who has donated $31 billion to charity Here are some very interesting aspects of his life: 1. He bought his first share at age 11 ... More About: Interesting , Facts , Warren Buffet
I hope you caught the NZD weakening!
2007-07-28 00:00:00 Just thought I would leave a quick comment regarding the price action of the NZD over the last couple of nights. It is now below the 78c mark and still gathering momentum. I initially thought that it would hit a strong support there but there seems to be a few factors combining to give it ... More About: Hope , Caught
Hot Tips for Young Entrepreneurs - Part 4
2007-07-20 00:00:00 You have heard financial analyst and brokers tell you to diversify diversify diversify! Most of the time you hear that advice given when looking at buying some sort of shares in the share market. The idea of diversification represents the idea of buying a variety of shares in different markets to spread your risk and ... More About: Tips , Young , Part , Entrepreneurs , Rene
Development with the NZD in FOREX
2007-07-16 00:00:00 As many of you know I have been keeping a close eye on the NZD. I have recommended in previous post to wait for confirmation that the New Zealand dollar is going to correct. This trade will be based on fundamentals like interest rate decisions and monetary policy in NZ, US and Japan. I received an ... More About: Development , Forex , Fore , Develop
Hot Tips for Young Entrepreneurs - Part 3
2007-07-13 00:00:00 Sometimes ambition and zeal can be a young entrepreneurs biggest asset. But in some cases it can be our biggest liability! In our excitement we step out without getting the right team around us. Only to find ourselves suspended in mid air without any support around us. So getting your team, structures and plan set ... More About: Tips , Young , Part , Entrepreneurs , Part 3
Warren Buffett has the same idea!
2007-07-13 00:00:00 The independent Financial Review reported that Warren Buffett has made $131.6million for his investment company Berkshie Hathaway by trading the New Zealand dollar! The profit was made during in the period between 2003-2006. Overall the company has made $2.2billion in the FOREX market during these years! I really do wonder what his stance is on the ... More About: Idea , Same
NZD and exporters
2007-07-07 00:00:00 Check out this article that I just read http://www.bloomberg.co.uk/apps/news?pid= 20602097&sid=aQIjI6bU9VC4&refer =world_currencies Looks like the pressure on the high NZD is just increasing. C’mon the drop!
FOREX Trading - The NZD reach record highs
2007-07-07 00:00:00 I have not mentioned much about my dabbling in the FOREX market on my blog. Probably because I don’t want to get people excited about the FOREX market if I don’t feel confident in the opportunity. I will continue to share some of my thoughts on FOREX trading later. However at the moment I am positioning ... More About: Forex , Trading , Forex Trading , Reach , Record
Bill Gates is not the richest man in the world anymore!
2007-07-07 00:00:00 There was a point where it seemed like Microsoft founder and infamous geek Bill Gates would be the richest man in the world until his death. However I just read an interesting article that suggest that there now is another man who holds this throne. My first thoughts was tht it would be someone from Europe ... More About: World , The World
Hot Tips for Young Entrepreneurs - Part 2
2007-07-03 00:00:00 Last week I started this series to compact the hottest tips for young entrepreneurs into a few tips. I started with what I believe is the cornerstone of long term success. Mastering the art of saving to take advantage of compounding interest will give you the security you need and freedom to take risk. If ... More About: Tips , Young , Part , Entrepreneurs , Rene
Make money the stress free way!
2007-06-20 00:00:00 I just saw a great clip on youtube. Its the opening scene from Ice Age 2. Click here to check it out. That scene right there represents the frustration so many of us feel about money, our dreams and life in general. It feels like we are constantly chasing, and as soon as we think we ... More About: Money , Make Money , Free , Stress , Make
Wholesale Importing List
More articles from this author:2007-06-20 00:00:00 One of the key issues to having a profitable importing business is to have the right suppliers. Unfortunately this area has become ripe with scams on the internet. The chance of finding an good, honest wholesaler through a google search is highly unlikely. The piece of gold in the pile of junk then is to ... More About: List , Hole , Whole , Holes , Import 1, 2 |
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