Answer this question with the first
thought that somes to your mind.
It will teach you something very important
about real entrepreneurship.
Which would you rather have?
1. $1,000 in cash right now
or
2. A real business that reliably generates
$1 a day net profit.
If your entrepreneur's instincts are
well-honed, you'll take the business.
Why?
Worst case, in three years, you'll get the $1,000
and then it will make m'oney for you forever
afterwards.
At a capitalization rate of 5%, a business that
generates $1 a day is worth $7,300. More than
SEVEN TIMES the quick hit.
But that's kind of abstract, isn't it?
Here's the real reason why the $1 a day business
is worth a lot more than a $1,000 windfall.
A business that makes $1 a day is alive.
It's figured out how to attract prospects
and convert them to paying customers.
And that is a rare and beautiful thing in
this world.
Plus if you're at all clever, you can in time
raise that $1 to $2 or maybe $10, or who
knows $100 a day?
(We had one student take his struggling business
after our training from $4 to over $1,000
a day in less than ten months so this is
not just a theory.)
*** A lump of cash
A lump of cash can only grow at the current
rate of interest...3% a year.
Or worse, it goes to Best Buy or Circuit
City and comes back as a big screen TV.
A BUSINESS can be improved, expanded,
made more profitable.
That's why now - more than ever - the ability
to create and grow m'oney-making businesses
is the single most valuable asset you
can have.
I'm using small numbers here to make the
math easy, but also to illustrate a very
important point.
Fortunes are not accumulated with single
master strokes, but with relentless focus
on less-than-glamorous reality.
Most people get excited about stories
of big numbers and big paydays, but pay no
attention at all to the nuts and bolts SYSTEMS
behind real wealth building.
That's the reason why most people never
make or accumulate any real money.
For various reasons, the Internet marketing
world is heavily weighted towards teaching
the quick hit stuff.
It's a great business for the gurus selling
get rich qu'ck schemes. It's a terrible
business for you.
Since Day One, we've focused on the mechanics
of business building at the System.
We've pointed out the reality that most
if not all super-successful Internet businesses
started out not with flashes of brilliance,
but small, methodical next-foot-in-front-of-the-next
steps.
I've never been afraid to focus on this "boring"
reality.
It may be the reason, the System Seminar
has produced more successful grads than all
the other Internet trainings combined.
This fall, I'm taking the very best of this
material and making available to anyone
who wants to learn it.
Details here:
http://www.SystemIntensive.com
Ken
Ken McCarthy
The System Seminar
---------------------------------------------------------
* London UK - System Intensive November 15 & 16, 2008
http://www.SystemIntensive.com
* Home study solutions for Internet entrepreneurs
http://www.KensCatalog.com
* Serious marketing books for serious marketers
http://www.RealMarketingBooks.com
The System
Education for Internet Entrepreneurs
14 North Road
Tivoli, NY 12583
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