Chris Brogan says The Millionaire Maker “read amazingly useful.” It is not a get rich quick kind of book, he explains. Loral walks you through sequencing, which steps to take when (which is where Chris says, everyone goes wrong). It is the best book that tells you HOW to figure out your finances.
Ashley Capps Goes From 9K to 70K Thanks to Big Table and Three Days To Cash
Ashley Capps, an expert in databases, took her earnings of $9,000 to $70,000 after attending Three Days To Cash and Big Table. She says, “There were so many amazing tools from the Live Out Loud Community, from the program, to the people and the instructors.” Ashley says now she is looking forward to the growth that comes from these relationships!
CREATING AN ENTREPRENEURIAL ECONOMY IN COLUMBUS
CREATING AN ENTREPRENEURIAL ECONOMY IN COLUMBUS
Millionaire Maker Loral Langemeier Comes to Columbus, Ohio for a One Day Only Event
For Immediate Release
July 25, 2011 – San Diego, CA – Loral Langemeier, one of today’s pioneering money experts as well as Founder and CEO of Live Out Loud, Inc is coming to Columbus, Ohio on August 12, 2011, to share how to create a livelihood that is sustainable in any economy. The event entitled, A Day with Loral, will be held at the Westin Columbus, located at 310 South High St., Columbus, OH 43215. The event is free of charge and will take place from 9 a.m. to 1 p.m. A Day with Loral will also feature David Lindahl, author of several number one, bestselling books including, Emerging Real Estate Markets, Multi Family Millions and co-author of Commercial Real Estate Investing 101 with Donald Trump.
“If you want to know how to add thousands of dollars to your bottom line on a consistent basis, come to this event,” said Langemeier. When asked why she wanted to bring this event to Columbus Ohio, Langemeier said, “Ohio just experienced its first rise in the unemployment rate in over two years. Never has the need to create an entrepreneurial economy been more apparent. We have the answers you need and we want to help you make massive leaps forward…particularly in this new economy.”
A Day with Loral will reveal how entrepreneurs stay one step ahead of the competition and what strategies they use to make money. Langemeier will guide attendees through the process of putting more cash in their pockets by demonstrating how to make more money and keep more of it. Committed to “sharing the wealth,” Langemeier herself is a worthy entrepreneur, having built a number of businesses in a variety of industries, several of which have grossed millions. Her most recent accomplishment is growing her current business, Live Out Loud Inc, into a multimillion dollar company.
Loral Langemeier is author the of four national bestselling books; The Millionaire Maker, The Millionaire Maker’s Guide to Wealth Cycle Investing and The Millionaire Maker’s Guide to Creating a Cash Machine for Life and Put More Cash In Your Pocket. Live Out Loud Inc is a multimillion dollar international enterprise that provides educational and networking opportunities to people all over the world. Live Out Loud offers a wide range of products, events and coaching services with proven success in creating hundreds of millionaires. For more on the A Day with Loral event, please visit: https://iwealthsystems.wpengine.com/loral/ohio-august2011/ or contact: 888-262-2402.
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Contact: Lindsay Sherman
Public Relations and Joint Ventures
Live Out Loud
415.475.4990 – Direct Line
Lindsay@liveoutloud.com
www.liveoutloud.com
A Conversation With Your Partner About Money
Conflicts over money can seriously damage our most intimate relationships.
Money always ranks very high in surveys of why married couples fight and even divorce. Some research has shown that money is THE primary reason that couples decide to “untie” the knot.
The reason that money causes so much trouble is that it’s very measurable. While it’s hard to measure other key areas of our relationships, money can always be counted. NUMBERS DON’T LIE.
For many of us today, just covering the basics has become the struggle. We are fighting rising fuel prices, higher cost of groceries, never ending charges for the kids’ school supplies and that adjustable-rate mortgage that continues to go up. This stress can cause both partners in the relationship to boil over and begin to blame one another for the problems. Oftentimes, these stresses over money cause us to bring up financial “sins of the past”. Today’s money crunch can take a serious toll on our intimate relationships – IF WE LET IT!
The first step in ending the stress around money is to start talking about it. Most of us avoid this conversation at all costs. Why? Because it involves more stress. We would rather just avoid the talk and hope it will all get better. But guess what? It won’t get better-only worse, unless you deal with it.
3 Ways to Begin the Money Conversation
1. Reality Check
- Realize that delaying this conversation will result in more pain later. Money problems DO NOT GET BETTER WITH TIME. If you put off having these crucial conversations with your spouse or partner you should expect them to get worse. If you’re getting deeper and deeper in debt each month, another month that goes by means even more debt. Therefore, we must CHOOSE to enter the “Tunnel of Chaos” in order to come out of the other side and win together. This “Tunnel of Chaos” is the conversation where we put it all on the table. We must make a decision that we will initiate this crucial conversation about money now so that we can actually have less pain later.
. - Ask for a calm and honest conversation with your spouse/partner about money. This conversation should be initiated from a sincere concern about your direction as a couple. Your spouse/partner cannot feel like they are being invited to a court hearing where you plan on “making a case” against them. Otherwise, they will be on the defensive before the conversation even happens.
. - Expect to share all your “money secrets” with your spouse or partner. Oftentimes we see all the financial failings of others, but we conveniently forget about ours. Your conversation about money has the potential to either create a strong bond in your relationship or drive a wedge in it. It all depends on how you handle the conversation. You must both be COMPLETELY HONEST about your money issues.
2. Respect and Re-set
- Begin this conversation with a spirit of understanding and forgiveness. If you set the tone in the beginning of this conversation with a positive attitude and approach, things should go much better. Regardless of the issues that must be discussed, mutual respect is very important for continuing to build a healthy relationship.
. - While showing respect, you may have to address serious spending problems and other issues. The key here is to focus on the “Re-Set.” Money problems created in the past cannot be erased, but you can start over with a new plan for the future.
3. Responsibility Acceptance
- A very important aspect of this conversation must be the willingness on your part and that of your spouse to act responsibly. This means to accept full responsibility for all of the money problems that each of you caused and to accept responsibility for actions that you will both agree to as you go forward. If either of you fail to accept responsibility for your money problems up to this point, it will be very hard to make any real progress from where you are now.At some point, both of you may need to “agree to disagree” over something from the past and MOVE ON. Being the bigger person can save you frustration and future financial problems.
This conversation about difficult money issues can be challenging and painful. But it can also be rewarding and profitable. You can see your relationship begin to change for the better once you deal with some underlying negative thoughts and emotions.
You and your spouse/partner should be having regularly scheduled money meetings. You’ll then you start to talk about important life issues once again or for the first time. You can also make huge progress in your financial life as you have these talks more often and begin to really control your finances with a great plan in place.
Wealth Creation Rules to Live By
Have you ever wondered why money comes so easily to some people, yet others seem to struggle for every penny they earn? The difference between the two types of people often lies in how they think about money and wealth. Here are some wealth creation rules to live by to help you become one of those who will always have more than what you need, instead of someone who never has quite enough.
Change your money mindset.
How you think about money and wealth is the single most important factor that determines whether you’re wealthy or not. If you hold any wrong beliefs about money, or believe that you don’t have enough, that thinking can hold you back from ever becoming wealthy. Instead, recognize the power that your thoughts have over the money in your life and embrace it. A good book to read to help you change your mindset about money is Napoleon Hill’s Think and Grow Rich. This book explains how your way of thinking can make you wealthy, or keep you from experiencing the riches you desire. [Read more…]
21st Century Lemonade Stand
Do you remember those precocious kids on your block that had the Lemonade Stand? You might have been one yourself.
Earning summertime cash for a new bike or spending money on the family vacation was fun, exciting and not at all complicated.
It was simply a matter of gathering up Mom’s pitcher (not the good one!) preparing some good old fashioned lemonade, throwing in some ice, and all the plastic cups you could find. A sign was colorfully created and hung from a table you dragged out from the garage and “POOF” you were in business.
[Read more…]
Good Debt vs. Bad Debt… The Answer May Surprise You
In today’s economy there’s a lot of chatter regarding debt. People who have over extended themselves are scrambling to pay down debt when the focus should be on creating new cash. If you’re in trouble with mounting consumer debt the only choice for you is to find ways to put more money in your pocket.
Once you have a Cash Machine plan in action you need to focus your attention on keeping that income coming in and creating a cycle of cash flow. The biggest slowdown of a new Cash Machine is once you start making money you go into a continuous cycle to pay down debt. This will get you nowhere fast. In fact it will stop you in your tracks. In six months you’ll find yourself stuck with a Cash Machine that’s not profiting because your money went straight to your consumer debt.
Your seed money, i.e. the money you use to get your Cash Machine going, is business capitalization. This is an example of good debt. If you borrowed money to start your business, then you need to show profits. Pay the minimums on this good debt so you’re showing progress.
Don’t get me wrong you need to keep making your minimum payments on all you consumer debt but stay focused on the broader picture. In my Millionaire Maker’s Guide, you’ll find an equitable format for paying down debt while still investing in your future.
When you’re starting out, you need some life support so you can continue to create new cash in your life. That means you need a team, people who support your life to give you the time you need to make money. This is where your first money should go. Once you have that life support you need to focus your earned money on marketing, marketing, and marketing. That means if you need a website it’s time to invest your earned money. Once you have established your life support and marketing plans you’ll see more money coming in the door.
You want three to five layers of marketing so that you can start to put money away for your wealth account. Then you can start putting a little extra money toward your debt. You’re not pouring your money on that debt, you’re just making some headway. In this model you will pay off debt, it’s just going to take you a little longer.
The best advice I can give to those of you facing large amounts of debt is to create new money. Get your Cash Machine off the ground based on a successful model company. Do not focus so much on your credit cards and lines of credit, it’s not that you don’t care, you’re just making sure you have a plan that will create a steady flow of income. Your future is not based on the amount of debt you carry, it’s based on how much cash you can bring in to change it.
Ready GO!
Loral
Still on the money diet?
With all that is going on with the economy lately it seems all the chatter is centered on pinching pennies, going without, and stretching the dollar. I’ve been asked a lot lately about good ways to budget. If you follow my methods you already know that I don’t believe in budgets. They just don’t work.
I believe budgets are like people who go on “yo-yo diets” to lose weight. Yo-yo dieting starts out great but soon you’re at the end of your string. Same goes for money diets, they just don’t work.
If you’re not wealth healthy it’s time to go to the core of your money habits, learn the purpose of money, exercise your money muscles, and commit to a lifestyle where you control your money, not the other way around.
Let’s break this down…
What are your money habits?
How do you communicate with your money? Are you an impulsive spender? Is money a negative thought? Or is money something you fear?
Start to understand how you communicate with your money. If money is a scary thought you have to change your thinking. If you overspend you need to find out why. People often say things like; “Money is root of all evil”… the quote is actually “the love (or lust) of money is the root of all evil”. If you are thinking negatively about money, chances are your bank account reflects that same negativity.
Learn the purpose of money.
Once you’ve begun to think about your conversation with money it’s time to understand it’s purpose, how much do you need to sustain a wealth healthy lifestyle??
Exercise Your Money!
If you are thinking clearly about money you want to build up those Money Muscles! If you’ve got a problem with spending you need to be in resistance training. Once you get the hang of it you’re building your wealth muscles. When you’re paying down your debt and practicing healthy spending, doing what it takes to earn more money, and investing, your wealth muscles are very strong and will get even stronger. Keep building your wealth.
There’s good debt and bad debt. Do you know the difference? There’s ways to make more money… everyone has a marketable skill. Have you thought about that? What can you do today to make more money? Be in the cycle of continuous learning.
Stay connected with others on your same path. Create a network! Keep each other in line and focused.
Commit to the wealth healthy lifestyle.
Stay strong in wealth training. Be on the path to learning, generating, and creating healthy money habits and also understand your limits and or triggers for spending. Money is not supposed to run your life, it’s meant to accommodate and enrich your lifestyle. Commit to that thinking and you will be wealth healthy for life!
Loral
Ask for the Sale
It seems that many of you have some reservations when it comes to marketing your Cash Machine and asking for the money. You’re not alone. Sales and marketing will be a huge part of getting your idea off the ground. If the idea of giving a sales presentation is daunting to you, there are a few things you can do to make it easier on yourself.
First and foremost — relax. Your attitude and demeanor is the first thing your potential client will notice. So stay calm and assuring. You’re the expert. Know your product or service like the back of your hand.
Have a presentation mapped out and practice it with your friends or family members. Don’t attempt a sale without having your presentation down pat. This lends confidence and puts your client at ease. Remember that you’re there to help them.
It helps to have sales materials to review while you’re talking. Some people use a type of worksheet to outline everything they want to go over with their prospect. This also shows that you are organized, which helps you come across as more credible and trustworthy.
When you’re going through your presentation, keep your prospect involved in the conversation. Ask them questions to make sure you aren’t losing them in all your chatter. By asking them questions you’re also qualifying the sale. This helps during the close because you can remind them how your product or service will help them.
Don’t be afraid to Always Be Closing. Guide them through a process that’s engaging, entertaining and informative. Stay on their level. Don’t over talk them and don’t talk over them. Remember, your prospect will tell you how to sell them IF you ask the right questions and get in tune with their needs.
Stay focused. If you find yourself running off on a tangent, circle back to the close. And if it’s your prospect that has gone off track, politely get them back on the subject by asking a question that involves your services or product and how it can relate to them. Again your client will tell you how to sell them so pay attention to how they answer you.
Remember your future client knows that you are there to make a sale. Instead of “pitching” them, inform them. Be clear, concise and to the point.
When you’ve finished showing them how your product or service will benefit them, give them some options and ASK FOR THE MONEY.
Remember that in sales it’s a numbers game. So in order to get to the YES there is going to be a few NO’s along the way. A NO is not always a NO — have your rebuttals ready. After you address each objection go directly back into the close and ASK again for the MONEY. There’s a fine line between persistence and being pushy. You don’t want to appear pushy or desperate, so be aware of when enough is enough. If you’re leaving with a NO, its okay. It doesn’t mean that in the future you can’t get a sale from them.
Focus on finding a style that fits your personality and product or service. Don’t be afraid to try new techniques until you find something that works for you.
My Cash Machine Workshop delivers a lot of detailed information and REAL HELP in coming up with your marketing action plan, among many other things, to help you succeed with your Cash Machine and get on Your Fastest Path To Cash. Some people have even shown up to the workshop without any idea for a cash machine, and that’s fine, too. We’ll help in every way possible. I highly recommend that you take advantage of what my team and I can do for you!
Ready GO!
Loral
P.S. What are your biggest problems when it comes to sales and marketing? Leave your comments below…