Day Four How to make passive income on the internet

Agenda Identify and eliminate your subconscious blockages to earning passive income How to buy, renovate and sell a business for profit Planning and implementation

Session 1 How to identify and eliminate your subconscious blockages to success on the internet

The secret to success… mental emotional physical $

Before we could be successful with PASSIVE INCOME we had to identify and eliminate our SUBCONSCIOUS blockages

Our blockages to success with passive income Earning money requires hard work - if it’s too easy I feel guilty Really good opportunities are scarce I need to take things stepwise and build up knowledge and experience Passive income is hard to generate Direct mail stuff is “shonky” This American stuff won’t work in Australia My self-worth comes from consulting achievements

Here’s what we replaced them with

New subconscious beliefs that led to success: Money comes easily to me Great opportunities are everywhere I have more than enough knowledge and experience to act now Passive income is easy to generate once you know how Direct mail stuff is innovative I have a world-wide market My self-worth is innate – it doesn’t depend on what I achieve

Wealth Accumulation is a Skill

D x V x P > C

V = Vision P = Plan C = Cost of change

D stands for: Dissatisfaction Desire Demand

D x V x P > C

Time x Focus x Emotion Equals Real World Results

Money Will Treat You the Way You Treat It

Exercise

I am a successful and wealthy internet marketer

, you are a successful and wealthy internet marketer

is a successful and wealthy internet marketer

The voices in my head are saying…

Write down 2 things you got out of this session and how they will impact your life

Session 2 How to buy, do up and sell a business for profit Matt and Liz Raad

The voices in my head are saying…

Write down 2 things you got out of this session and how they will impact your life

Session 3 Planning your Internet Success

Planning concepts 80/20 principle Avoid the BSOs Now-Where-How

One page plan

Steps to prepare your 1-page plan 1.Where are you NOW? 2.WHERE do you want to be in 3 yrs? 3.What are your options to get there? 4.What’s the best option? 5.What needs to be in place in the next 12 months? 6.Prepare action plan with who and when.

Step 1 Where are you NOW?

“NOW” issues Strengths Weaknesses For example: Time available Cashflow available Current skills

Step 2 WHERE do you want to be in 3 years?

“WHERE” analysis Imagine the next 3 years are really successful. What would be the end points or results of those 3 years of success?

Step 3 What are your options to get there?

List your options on the impact / ease table

Step 4 What’s the best option?

Rate each opportunity out of 10 for impact. Impact means “If I did this one, how closely would it get me to my goal?”

Rate each opportunity out of 10 for ease. Ease means “How much time and money will it take? Do I have the skills and enthusiasm for it?”

Plot each opportunity on the grid. Choose one that’s in the top right hand corner.

Step 5 What needs to be in place in the next 12 months?

Step 6 Prepare action plan with who and when

The voices in my head are saying…

Write down 2 things you got out of this session and how they will impact your life

Session 4 Questions?