The $7 Million 7 Years Wealth System

Congratulations are in order: you have finally completed [bar one more Bonus KLE … stay tuned!] the $7 Million 7 Year Wealth System. Whether you choose to retire in the traditional sense (sitting on your hammock in the Caymans, drinking Pina Coladas) or check-out to fulfill some of your life-long dreams to [insert Life-After-Work dream […]

Your Perpetual Money Machine (KLE123) begins to wind itself up … when your passive investments become cashflow positive. This is a critical turning point, because … Note: You need to be a Premium Member to view this content: NOTE: The mechanical/electronic Perpetual Motion Machine is impossible in physics (although, quantum mechanics may provide a solution). The one […]

Whereas the the $7 Million Dollar Wealth Formula (KLE82) may have seemed theoretical,  the last few KLE’s (the Bonus Modules about the stock market, real-estate investing, and valuing businesses) have been – I hope – hugely practical. We covered the kinds of financial and valuation issues that are rarely, if ever, covered in the popular and traditional […]

Putting in place a plan to grow your business is smart … and, necessary. Especially, if you are going to have to find ways to grow by 50%+ per annum! But, many of these activities take capital: money to buy advertising, money to create and test new products, money to franchise and / or open […]

Once you’ve decided that your business is worth proceeding with, you will quickly reach a point where it doesn’t seem to be growing fast enough. You will have competitive pressures, clients coming and going like they’re on a merry-go-round, and your budget targets will fall away through a combination of large and small issues that seem to […]

There are whole lot of steps between writing your elevator pitch and actually running a profitable business, and there are plenty of books and other resources to guide you through the business startup process. Two of my favorite such books are: 1. For the ‘bootstrapped’ (online) startup: The Art of The Start by Guy Kawasaki, and […]

If you’re buying or starting a business, the first thing you absolutely MUST be able to do is put your ‘reason for being’ into a sentence or two. It’s commonly called an ‘elevator pitch’ because you should be able to use it to tell a stranger what you do in between getting on and getting […]

Although, you won’t find these four questions in any text book, they are the 4 absolutely vital questions to ask before you buy (or start) ANY business: Note: You need to be a Premium Member to view this content: … who do you think had the last laugh in that little deal?

“A 10% chance is pretty unlikely, but everyone knows that a one-in-a-million chance is a sure thing!” [Anon.] Finding – or starting – a business that grows at 50%+ every single year, compounded, is a pretty rare thing … yet, that’s exactly what you need to do if you chose business as your Growth Vehicle […]

Let’s say that you have chosen ‘business’ as your Growth Vehicle (KLE68) and finally find (or start) the business that you are looking for. Suddenly, you will come across lots of people who are clearly excited when they tell you that they are “also in business” … except that, unlike you, they aren’t! Mostly, they’re […]