EntrepreneurSuccessClub.com - Global Re-Education Creating Successful People

Tall Poppy Syndrome

Sat, 18 Apr 2009 14:09:01 +0000

Tall poppy syndrome, bringing people down, why do we do it?

Tonight I had some very interesting conversations with some really interesting people. There was a common theme that came up in conversation however.

The culture that we as Australians have in putting people down who are successful.

A great example that Brad Sugars gives is driving down the street in his fancy car in Australia and stopping at the lights, the guy in the car next to him will say something negative, while in other societies like America he would be congratulated and told well done for achieving success.

So Why Do we do it? Any thoughts?

Suffering from Financial Stress?

A Quick tip that was given to me by an interesting guy I met tonight. If you are feeling stressed about your finances right now, like your budget is tight, GIVE YOUR MONEY AWAY!!!

Yes thats right give a little, don't give it all away but just be a little generous and make a donation or buy someone something.

You may be suprised and find that it helps bring the true value of money into perspective. Money is just a tool that assists in facilitating life.

Interest Rates Have Dropped, So What Now

Sun, 15 Mar 2009 03:31:43 +0000

Interest rates have dropped in Australia dramatically over the past months, we are now at record lows. Many home owners seem to be keeping up their repayments at the same level to try pay off the principal faster, while this strategy has its merits what other strategies could they be using?

Here's a few quick tips some of the experts giving.

Wait a bit longer before fixing interest rates.

Despite the interest rate reduction in all home loan products, there is still a considerable gap between the variable and fixed rates on offer. Discounted variable interest rates of around 4.69% are available, compared with fixed of 5.19% for three years.

Look for a home loan that offers flexibility

However, once rates do bottom out – although this can be difficult to pick – you want to be able to switch to a low fixed rate, or perhaps split your loan into fixed and variable. Therefore, if you’re taking out a home loan now, make sure it provides the flexibility to switch in the future at a reasonable cost.

Take out an interest only loan but make principal and interest repayments

If there is some concern about job security or a reduction in future income (perhaps for one partner to stay home with a baby), taking out an interest only loan can provide some breathing space if required. However, while rates are low and you have full earning capacity, make principal and interest repayments plus more if possible to get ahead. The principal and additional repayments can be accessed as redraw in case of future need.

Consider mortgage protection insurance

This is the insurance that ensures that you, as the borrower, can continue to make your loan repayments should you become seriously ill and unable to work. A 38-year-old couple with monthly loan repayments of $1500 can each be covered for the full loan repayment at $50 per month. Maximise this unique opportunity to its full potential but make sure you have contingencies in place for when rates do rise again.

If you have any extra tips you'd like to share, please leave a comment or join our discussions in the forum.

Review Me...

Sun, 01 Mar 2009 13:01:04 +0000

Some of you have been emailing me about the Reviews section of this site. So I figured i'd answer you all in the open.

Q: Are these reviews unbiased?

A: Yes, the reviews are completely unbiased, I have read, listened and attended them all. In fact the amount current up with written reviews is not even a quater of the ones that I have read, listend and attended so expect more reviews on the way.

Q: Do you make money if I buy it through the purchase links on the review?

A: I am 100% transparent here, yes I do make a small percentage if you choose to purchase some of the products, mainly the books. Does me making money on your purchase change your price you pay no it doesn't but if you don't wish for me to take a commission you can lookup using the ISBN i provide at any of your favourite shops.

Q: Are there more on the way?

A: As i just answered above, the few that as of right now are reviewed on the site is only a drop in the ocean of reviews to come and thats just from me, we have reviews on the way from some others as well.

Please remember that if you have read, listened or attended one the reviewed products or seminars add your review help someone else decide if they should look to that product for the learning they require.

Also if you have a product you would like to recommend we review, please suggest it in the forums.

Organising financing for your business venture

Mon, 23 Feb 2009 07:36:50 +0000

Organising finance for your business venture is a very important step, but where do you choose to get it from? Do you use Debt, Equity or Savings?

Savings as you know are all the pennies you have been stashing away for a rainy day.

Debt is the act of borrowing money

Equity is when you sell others the chance to buy into your great idea.

Whatever option you choose writing a business plan is important, but writing one that suits the specific target for financing you are looking for is key.

Today's released articles are specifically designed with this in mind, how to write your business plan with a specific financing arrangement in mind.

The Horror of the Share Market - Time to pick up a bargain?

Tue, 17 Feb 2009 23:14:12 +0000

Share Market Horror!

I've been talking to a lot of people recently about their thoughts on the share market at the moment. Just look at the price chart of most major shares, and they all have that same slippery dip straight down that sent brokers crazy back in the 20's.

When I start to tell people I'm looking at buying into banks and the financial sector, they look at me like I'm crazy.

"You can't do that!" They say, "The prices have fallen 50% in the last 6 months!".

Importance of Business Planning

Sun, 15 Feb 2009 04:21:54 +0000

Those who fail to plan, plan to fail.

Believe it or not but it's very true too many businesses fail due to a lack of planning.

Planning is about taking charge, being responsive, responsible, and focused.

If you are already in business without a Business Plan or if your about to start or buy a business check out the beginning of our new series How to write a Successful Business Plan.

The first 2 articles are already up and they are available for all registered members.

Part 1: What is a business plan
Part 2: Top 10 Do's and Don'ts when writing a business plan

Stay tuned for the next part in the series....

Incredible Speed Reading

Wed, 11 Feb 2009 07:08:46 +0000

Folks I am absolutely stunned and thrilled to be able to tell you this story!

I set myself a goal last year, I was going to read 52 wealth, personal development, business etc.. books in 52 weeks between the 1st of Febuary 2008 through to the 1st of February 2009.

Now this isn't what you would expect because I didn't actually complete this goal. I managed to read 23 which i'm still thrilled about as I always say "Shoot for the stars and make it to the moon" and well I did make it to the moon, those 23 books (not including Audio books/seminars i've listened to, so could be closer to 33) have made me a different man today than I was 1 year ago.

Audio Blogging and The Joys of Speech Recognition

Thu, 05 Feb 2009 07:21:32 +0000

I've just discovered today the novelty using Speech Recognition

The last time i used it was back with Dragon Naturally Speaking 5 software so many many years ago and it was awful.

Just got the new toys today so I can start recording some audio blog posts and audio seminars/conferences and while sifting through Windows Vista's settings i discovered the speech recongition stuff, Its pretty good... not perfect though - maybe Windows 7 will be better.

Anyways now i'm all kitted out i'll get started with documenting the progress I make when I start Pimsleur's French volume I

Have a quick listen to my first Audio Blog Post here

{mp3}Introducing Me and Talking about Speech Recognition{/mp3}

Bonjour!

Wed, 04 Feb 2009 03:20:04 +0000

Bonjour mesdames et messieurs!

Language has always been an interest of mine, and so I decided it would be an exciting endeavour to try to learn French. I've found a great way to start learning it in the car on my way to the office through the Pimsleur audio program. Today i've just completed my 10th unit (each unit is approx 30mins) and i've found that I can hold a basic conversation (albeit a lot of it seems to be about trying to pick up young french madamemouislles), asking the time, if they speak english, if they would like to have a drink (at my place). The thing that impresses me most about the program though, is how it teaches it to you so naturally and organically. I find often that without having to put in too much effort listening in the car, later on in the afternoon, I can find myself recreating the conversations in my head or throwing the phrases into my conversations with friends and family.

Do You Feel Crowded?

Tue, 03 Feb 2009 00:05:00 +0000

I came across this interesting blog post today where Charles has created a chart (see left) that shows the number of square feet each person has in their respective countries. Here in Australia each person has almost 4 million square feet to play around in (except that most of it is in the center and is desert) check out the full story here http://www.boingboing.net/2009/01/30/charts-3.html