Sunday 7 June 2015

Goal and Stratagies.


1. Multimedia related  works:  minimum 40 documentary film topic will be captured in Chile & Bolivia.
  
2. Project related  works: Indo-Bangla jackfruit garden will be implemented in Cochabamba, Bolivia.

3. University admission related  works: Minimum 5 Bolivian universities will be contacted for admission authorization letter. 

4. Photography related  works: minimum 40 photography themes will  be captured in Chile & Bolivia.

5. Industry related works: minimum 10 self made products will be brought in Chile and Bolivia market.
     




 Essentials to Becoming a Millionaire Before You're 30


There are so many people today who think that their twenties are a time where they must struggle financially. However, this doesn’t have to be true. There are in fact ways to become a millionaire before you hit 30. If you dream of becoming a millionaire in your twenties, here are five of the most important things to keep in mind to achieve financial success beyond what you may have never dreamed possible.

1. Ignore traditional industries.

Lawyer or doctor is not on a path to becoming a millionaire in your twenties. Those professions require many extra years of schooling, which costs a lot of money. You will likely be repaying your student loan debt well into your thirties, or even later. Plus, individuals with these jobs often have a very real earning ceiling that is difficult to break through. You may never reach millionaire status.
Focus on new industries, such as Internet marketing. In today’s social media-centric world, jobs such as Internet marketing do not have an earning ceiling and don’t require a lot of training or education. Consider the balance between cost of education and earning potential.

2. Don’t focus on making millions.

If your focus is making millions, or how much money you can make from a venture, you will never achieve as much success as you could by focusing on making the best company that you can. Plus, if you put that quality product or service out into the public and eventually earn millions, you will start to feel very proud of yourself for the product you made, the work you did and the reward you received for this type of hard work.
Focus on making the best product and service possible.

3. Keep educating yourself.

Study and read as much as possible. If you are tackling a new industry where everyone already wants to be king, it’s crucial for you to have an advantage. The best way to do this is simply to read as much as possible.
I have a number of millionaire students invested in my program. None of us (myself included) are particularly gifted at math. We are not the smartest people on the planet. However, we do work our butts off. We read, we educate ourselves and we work around the clock to be the best versions of ourselves that we can be.
Forget, 9-5 jobs, we are all about the 15-18 hour days. Every day.

4. Be willing to make sacrifices.

You need to be make sacrifices to make this much money this early in life. You need to spend less time hanging out with your friends and family. You also need to put a lot of things second and your career first.
Relationships, starting a family and hanging out with friends, need to come second. Work needs to come first if you want to thrive in today’s demanding economy by making superior products and services that will earn millions.
Everyone wants that perfect work/life balance, but you have to accept that it won’t ever be the perfect balance if you want to be in the top tax bracket at the end of the year.

5. Focus on what you love and fix a problem.

To fully invest yourself in an industry and make millions, be sure you are focusing on what you love so it doesn’t seem like work and sacrifice to get your business off the ground.  Focus not only on the right industry for you but on fixing a problem within that industry, so you know it has value to your consumer base.
Don’t allow a lack of technical skills to hold you back. You can always find technical skill. What you can’t just “find” is true passion or heart. Regardless of what niche you choose, make sure you are in love with it first. You would be surprised by how far true passion can take you. It just may be able to take you to that million dollar status you have been dreaming of.

Thursday 4 June 2015

20 Ways to Create Million Dollar Ideas.

Big companies like Apple, super successful websites likeFacebook, and bestselling books like The 4-Hour Workweek all have one thing in common:  They begin with a million dollar idea.
The big question is:  How did their creators come up with these ideas?  Did they sit around waiting for an inspirational flash or a mystic spell of luck?
The answer is:  Spontaneity and luck had little to do with it.
In this article, we’ll take a brief look at 20 tried and true techniques that some of the brightest and most successful entrepreneurs have used to generate million dollar ideas.
You don’t need to have a 100-person company
to develop and execute a good idea.
– Larry Page (Google)
  1. Generate lots of ideas. – The more ideas you create, the more likely you are to create an idea worth a million bucks.
  2. Fail a lot. – All of the ideas that don’t work are simply stepping stones on your way to the one idea that does.  Sometimes you have to fail a thousand times to succeed.  No matter how many mistakes you make or how slow you progress, you are still way ahead of everyone who isn’t trying.
  3. Consume information consciously. – Some of my friends think it’s wasteful that I spend so much time reading books and blogs.  It’s not.  It’s what gives me an edge.  I feel engulfed with new ideas and information.  And I’ve actually used what I’ve learned to launch a few successful websites.  When you read things and interact with people, take off your consumer cap and put on your creator cap.  There are million dollar ideas (or at least some really good ideas) all around you waiting for discovery.
  4. Focus on topics and ideas with large markets. – A million dollars is not a lot of money in the grand scheme of things, but it certainly is if you’re trying to earn it in a small market with limited opportunities.  Even if you put Steve Jobs in the role of CEO for a new venture with a maximum market size of 100 people he wouldn’t make more than a few cents.  ‘Big bucks’ result from high demand in a substantial market.
  5. Make sure there’s money in your market. – Bank robbers rob banks because that’s where the money is.  Before you become emotionally attached to an idea, do a little market research.  Make sure the idea you’re pursuing is where the money is.  Who are the clients and consumers?  How much disposable income do they have?  Etc.
  6. Keep your eyes, ears and mind wide open. – Oftentimes one idea’s failure will open a door to a new idea.  Don’t get so hung up on one failed attempt that you miss the opening for many more.
  7. Test variations of the same idea. – Think about the iPhone and the iPad for a second.  One is just a variation of the other.  Both are multi-million dollar ideas.
  8. Figure out what works well in one market and tailor it to another. – Find an idea that’s already proven and think about how it could be applied in a different context.  Take a formula that works in one niche and apply it to a new niche.  Or take the best aspects of one product and combine it with another product.
  9. Put the pieces together. – YouTube’s creators didn’t invent Flash.  They didn’t invent modern digital cameras that can record computer-ready mpeg video.  And they didn’t invent broadband Internet connections, cheap web hosting, embedded website content, or one-click website uploading technologies either.  What they invented is a technology that takes all of these existing pieces and combines them into an online video sharing portal.
  10. Spin a new twist on a previous breakthrough. – A new twist on an old idea can still be a million dollar idea.  Take Facebook for instance, it wasn’t the first big social networking site, but Mark Zuckerberg and company added twists and features the others did not grasp.  How can you take an existing million dollar idea, or even a common idea, and give it a new twist, a new direction and journey?
  11. Systematize a popular service into a reproducible product. – A service is productized when its ownership can be exchanged.  Think about Alienware and Dell back in their infancy.  Both companies simply systematized the service of building IBM compatible PCs and then sold them as a packaged product.  If you can convert a high demand service into a scalable, systematized, efficient process and sell it as a packaged deal, the million appears.
  12. Play with opposites. – When something becomes extremely popular, the opposite often also becomes popular as people turn away from the mainstream.  When WordPressBloggerand Movable Type exploded in popularity by giving anyone with an Internet connection the ability to share long, detailed blog posts with the world, Twitter and Tumblr came along and started the micro-blogging revolution – for people grasping to share extremely short content snippets.  There are hundreds of other examples.  Just remember, the opposite of a million dollar idea can paradoxically give birth to another million dollar idea.
  13. Look for problems and solve them. – There are many real problems in this world.  Like a business owner wondering why his profits are sinking.  Like a golfer worrying about his slice.  Like a young man who is growing bald at 26.  Like a mom whose child is suffering with allergies.  Like a new dog owner who’s unsure what to do about her puppy barking all night.  Solving problems like these can make millions.
  14. Design new products that support other successful products.– How much money do you think iPod, iPhone and iPad case manufacturers are making?  Millions?  Billions?  What about companies that jumped into the market of manufacturing LCD and Plasma TV mounting brackets eight years ago?  You get the idea.
  15. Keep it simple. – Don’t over complicate a good idea.  Business marketing studies have shown that the more product choices offered, the less products consumers typically buy.  After all, narrowing down the best product from a pool of three choices is certainly easier than narrowing down the best product from a pool of three hundred choices.  If the purchasing decision is tough to make, most people will just give up.  So if you’re designing a product line, keep it simple.  (Read Made to Stick.)
  16. Exploit the resources and skills you already have. – It’s not as much about having the right resources as it is about exploiting your resources right now.  Stevie Wonder couldn’t see, so he exploited his sense of hearing into a passion for music, and he now has 25 Grammy Awards to prove it.  If you pursue a new venture that involves leveraging your resources and skills, you’re ahead of the game.
  17. Surround yourself with other thinkers. – You are the sum of the people you spend the most time with.  If you hang with the wrong people, they will affect you negatively.  But if you hang with the right people, you will be more capable and powerful than you ever could have been alone.  Find your tribe and collaborate to make a difference in all your lives.  Bounce ideas off each other, etc.  (Read Tribes.)
  18. Be enthusiastic about what you’re doing. – Enthusiasm is the lifeblood of creativity.  Big ideas blossom when you’re passionate and enthusiastic about what you’re doing.  It’s nearly impossible to pioneer ground breaking solutions in a domain where there is not passionate intensity.  But when your mind is stimulated by a fundamental curiosity and interest in the subject matter, your creativity will run rampant and your motivation will skyrocket.
  19. Accept constructive criticism, but ignore naysayers. – When someone spews negativity about your idea or product, remember, it doesn’t matter how many people don’t get it, it matters how many do.  No matter how much progress you make there will always be the people who insist that whatever you’re trying to do is impossible.  Or they may jealously suggest that the idea or concept as a whole is utterly ridiculous because nobody really cares.  When you come across these people, don’t try to reason with them.  Instead, forget that they exist.  They will only waste your time and energy.
  20. Actually do something with your ideas! – A million dollar idea is simply a good idea given the chance to grow.  On paper, Google and Facebook sprung from fairly ordinary ideas: ‘a search engine that’s accurate’ and ‘a website where friends connect with each other.’  Remember, neither of these companies were the first ones in their market.  Their ideas weren’t groundbreaking at the time.  Many people had the same ideas even before Google and Facebook existed.  But Google’s and Facebook’s creators did something with their ideas.  They worked hard and one-upped the competition.  Their initial success was in their execution.  Remember, it’s not the ideas themselves that count, it’s what you do with them. With the right execution, a simple idea can evolve into a million dollar idea.  (Read Making Ideas Happen.)

Sunday 31 May 2015

Difference between Rich and Middle class.


According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined. But what about the people in between? The middle class? You may be considered middle class. You’re not poor, but you’re not rich…yet. The middle class seems to be shrinking, according to the data revealed over the last couple decades. That means you’re going to be less likely to be middle class in the future. You’ll more likely be poor or rich. Which side do you want to be on?


If you want to be on the side with the rich, you’ve got to start thinking like the rich. Here are 10 differences between middle class and rich people for you to learn from…

1. The middle class live comfortably, the rich embrace being uncomfortable

“Be willing to be uncomfortable. Be comfortable being uncomfortable. It may get tough, but it’s a small price to pay for living a dream.”
-Peter McWilliams
middle class and rich differences
“In investing, what is comfortable is rarely profitable.”
- Robert Arnott
It’s comfortable to work a “safe” job. It’s comfortable to work for someone else. The middle class think being comfortable means being happy, but the rich realize that extraordinary things happen when we put ourselves in uncomfortable situations. Starting your own business is a risk and risks can be uncomfortable, but a little risk is what it takes to create wealth and achieve superior results.
Step out of your comfort zone. Look at all your options. You will have to be at least a little uncomfortable if you want to become rich. You might even have to fail and that’s great, because if you’re not failing, you’re not doing much.

2. The middle class live above their means, the rich live below

“There is no dignity quite so impressive, and no one independence quite so important, as living within your means.”
-Calvin Coolidge
rich and middle class
You won’t catch the average millionaire in a $100,000 car or a multi-million dollar home. The rich don’t spend their money on depreciating liabilities, they spend their money on appreciating assets and they live below their means. On average, the rich drive cars that are a few years old and they don’t buy them new, according to studies done in the book “The Millionaire Next Door.” Even if they can “afford” that fancy new Escalade, they usually don’t buy it.
Remember, if you earn $1,000,000/year and you spend $1,000,000/year, you’re still broke.

3. The middle class climb the corporate ladder, the rich own the ladder

“The richest people in the world look for and build networks; everyone else looks for work.”
-Robert Kiyosaki
Middle class corporate
The middle class tend to work for someone else. They have a job. A career. Upper middle class tend to be self-employed. They own a job. The rich tend to own the business. They own that corporate ladder that the middle class are busy working up. The rich understand that they need more people working for them to earn more money. The rich understand the power of passive income.

4. The middle class are friends with everyone, the rich choose wisely

“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”
-Warren Buffett
rich and middle class friends
The rich understand that when you surround yourself with successful people, your own success will follow. Likewise, surrounding yourself with unsuccessful people tends to have the anticipated effect. Your income is usually the average of the incomes of your three closest friends. If you want to earn more, hang around people who earn more. It’s all about aligning your mindset with the mindset of successful people. If you want to be rich, you have to think rich.

5. The middle class work to earn, the rich work to learn

“When you are young, work to learn, not to earn.”
-Robert Kiyosaki
work to learn, not to earn
The middle class are easily persuaded to change jobs when someone offers more money. The rich understand that working isn’t about the money, especially in the early years. It’s about developing the skills and traits you need to develop to become rich. That may mean working a sales job to better understand the world of selling. Or it could mean you work at a bank to better understand accounting. If you want to be rich, you should be working to learn the skills you need to become rich. Most rich people didn’t get there by earning a high salary.

6. The middle class have things, the rich have money

“Too many people spend money they haven’t earned, to buy things they don’t want, to impress people that they don’t like.”
― Will Rogers
middle class and rich difference
Back to the fancy cars and big houses. That’s where much of the middle class spend their money. Drive through a middle class neighborhood and you will usually see brand new cars, expensive landscaping and high-dollar homes. The rich understand that to become wealthy, you have to want money more than you want things. If you keep buying things, your money will keep going with them. It’s funny how that works. For example, Warren Buffett still lives in the same home he bought in 1958. And he only paid $31,500 for it.
Stop buying things and start focusing on keeping, saving and investing the money you earn. If you are a shopaholic, start shopping for assets. Become interested in investing, then look for bargains on stocks and businesses instead of shoes and electronics. That being said, it’s not all about saving your money.

7. The middle class focus on saving, the rich focus on earning

“Your greatest asset is your earning ability. Your greatest resource is your time.”
-Brian Tracy
middle class and rich people
“If you would be wealthy, think of saving as well as getting.”
-Benjamin Franklin
Saving is important. Investing may be more important, but earning is the foundation of both. You understand that you need to save and invest, but to really achieve extravagant goals with them, you need to earn more. The rich understand this and work on creating more avenues to earn and earning more with the avenues they have. If you really want to become rich, work on your earning ability, not your saving ability.

8. The middle class are emotional with money, the rich are logical

“Only when you combine sound intellect with emotional discipline do you get rational behavior.”
-Warren Buffett
middle class and rich money
Steve Siebold interviewed over 1,200 of the world’s wealthiest people over the past 30 years for his book “How Rich People Think”, and according to him there are more than 100 differences in how rich people look at money compared to the middle class. One of the key differences he found was that the middle class see money through the eyes of emotion, but the rich see money through the eyes of logic. Making emotional financial decisions will ruin your finances. Warren Buffett explains that investing has much more to do with controlling your emotions, than it has to do with money. Emotions are what cause people to buy high and sell low. Emotions create dangerous business deals. Leave emotions out of this and turn to logic.

9. The middle class underestimate their potential, the rich set huge goals

“Set your goals high, and don’t stop till you get there.”
-Bo Jackson
middle class and rich goals
The middle class set goals. Sometimes. It’s the capacity of the goals that differ from the middle class to the rich. The middle class set safe goals that are easily obtainable. The rich set goals that seem impossible, difficult or crazy. But they know they are achievable. It all comes back to having the proper mindset.
When you’re setting your goals, ask yourself if they could be bigger. Ask yourself if that’s really all you can do or if you can do more. I think you can do more.

10. The middle class believe in hard work, the rich believe in leverage

“It is much easier to put existing resources to better use than to develop resources where they do not exist.”
-George Soros
rich and middle class workers
Hard work is a necessity. For all of us. If you want to reach the top (whatever that may be for you), you’ve got to put in the work. The problem is that hard work alone will rarely make you rich. You can’t become rich by doing it all yourself. You have to use leverage to truly become rich and stay that way. Leverage works in many ways, from outsourcing to investing. The more leverage you can incorporate, the more time you will free up to work on the things that really matter in your business and your life.

Some differences between the middle class and the rich are vast, while others may seem simple and minor. The fact is that if you want to become rich, you have to think like the rich and do the things the rich do.