Donald Trump 10 steps to Thinking BIG

Quote of the day: "A man is not finished when he is defeated. He is finished when he quits."


I have realise the importance of modelling successful people pattern of excellence. Part of what i wanted to model after is Donald Trump pattern of excellence.... the physiology, the way he walk, breath, gesture, talk and the submodality, his thought process that allow him to Think Big. He revealed it in an audio clip downloadable free from buying his latest book on "Why we want you to be rich".

One of the greatest achievement of Trump is when he come back from bankruptcy to achieve even greater wealth in the late ninties. Before, he has written a book on "The Art of the deal." After he went bankrupt and make a successful comeback, he write the best selling book "The Art of the comeback." This is the real differentiator of a successful man. He is able to turn failures to success. Failure to him is just a feedback, something he can learn from so that he can come back stronger, more successful.

This are 10 essentail steps to substantiate his process in thinking BIG...

1) Be Thorough.. be detailed in what you do. He mentioned that he is a builder and builder cannot afford to slack in missing out any details in the project as any missing detail can cause disaster.

2) Get the Momentum going.. keep it going so that you will not stop until you achieve the desired result. Patience alone is not enough, you need the drive... the momentum to move forward.

3) Stay Focus.

4) Look for solution instead of focusing on the problem.

5) See Opportunity as opportunity. Everyday, look out for opportunity.

6) Covering your base by getting to know everything you need to know on what you are doing.

7) Be Lucky by working hard. The harder you work, the luckier you will be. Be Passionate so that you will work harder without feeling burn out so easily. Be Passtionate in whatever you do.

8) Visualise and preceived yourself as victorious despite the situation and environment you are facing.

9) Be Smart in using the tools (people, resources etc ) to win.

10) Never never ever give up.

You can download this FREE exclusive audio mpeg 3 file by Donald Trump at http://www.whywewantyoutoberich.com/register.aspx.

All the best to your success.

Internet Marketing - What a beginner should know

What better way to learn how to start Internet marketing than by watching a video from a interview of Jo Han Mok, the world's most powerful Internet Copywriter:


The key lessons to learn for beginner on Internet Marketing is:

1. Do not not be overwelmed by technology. Focus on the Marketing, sales copy. Whatever technology that you don't understand, outsource it. As an example, many people are trying to range their Website high up in the page of an search engine via SEO technology. But the question is: Is ranking high up for a keyword serach benefit your marketing business or is it just a ego type of things? Does it really draw traffic to your site? How many surfers search for the keyword everyday?
   
2. People buy things based on their emotional needs. After the purchase, they will then ractionalize and justify their purchase. Use Emotional Response Direct Marketing instead of Institutional marketing method. Stirr up the prospect emotion to buy from you simply by expanding their needs, identifying with them, give them a solution and offer them a strong enough compelling reason to buy from you eg. A guarentee, Free bonus etc etc., making them feel that if they don't buy now, it is their loss. That they have everything to gain and nothing to loss to buy from you.


3. Spent time on working out a business plan. Be focus and stick to it with preservance. Please also be flexible, adjusting your plan along the way. Internet Business is like any other conventional business, it need a plan.


4. Find your own niche market. Many expert suggest using search engine and overture websites to look fo your niche market. In a simple layman way, it mean search for your niche market from the Internet. However, i think that we need to think out of the box. A better and efficient way is to go out there in the real-life market, look around you to see what people want. If you intend to sell information, look around you to understand what type of information that poeple want. Remember, find you niche market is not able what you think poeple want, but what they actually want in real life. So let get Real even though we are selling from the Internet. Behind every one who buy from you on the Internet are real person!!!


5. Stick with the right people. You cannot fly like an eagle if you stick with tortoise. You will be behave like tortoise even if you are by nature an eagle. If you want to make an earning of $50,000 a month from Internet Marketing, you must work and socialize with people making money at that category. They will provide you with a strong enough motivation to push yourself to reach that goal instead of being contented with what you already have. But again, will uncontent make your a miserable and unhappy man? The answer is no. Contentment will only help you to grow, to achieve more, not resting on your slumber... Happiness is a state of mind, whether you are contented or non-contented, you can control you emotion by choosing to be happy. Remember, you are 100% in control of your own emotion if you take 100% responsiblility in everything you do instead of playing the blaming game.

Why we want you to be rich

"The financial problems we all face are now bigger than the U.S. government alone can handle... However, the problems have not been solved and now are becoming global problems, beyond the borders of our country and beyond the control of our political leaders" -- Robert Kiyosaki

I have brought the newly released book "Why we want you to be rich" by Donald Trump and Robert Kiyosaki from the US at a discounted price of usd 16. The local book store in Singapore is selling the book for S$40.

One of the message that strike me after reading the book is that the US dollars is devaluating... not just dropping in value due to inflation. Due to a growing trade deficit in the US, $423 billion trade deficit forecast for 2006, more gold was leaving the country. Due to the lack of gold in the house, in the year 1971, US converted the dollars from real money (money back by gold) to currency ( money back by nothing). From then onward, US has the liberty to print fake money to uphold their ever increasing trade deficit provided that all other countries trading with the US accepted US dollars. What is the criteria that other countries accept the US dollars for trade? One is that US must continue to project as a superior nation, a world leader and policeman. Second is that it economy must continue to grow. With rising oil prices, will US economy suffer from a contraction and thus nation will stop accepting US dollars for trade. That will drive the US dollars in less value than ever.... With a falling us dollar, and if it falls drastically in a short period of time, what will the impact it has on US and the world economies? Massive....

Just take a look at the S&P index and see for yourself the rise of the index after year 1971..... This is the impact of printing US dollars have on the Stock market in the US. It will come a day when the bubble burst for this un-substainability of the US dollars and US market as a whole... the question is, when will that day arrive? Hopefully, not within my lifetime...


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Bershire Hathaway A stock - a simple analysis part 2

I have just arrive back home from a trip to San Francisco, USA. Over the two weeks, the BRK.A stock has moved up together with the Dow Jones and S&P index. Before i leave for the USA on the 29th Oct 2006, this is the report from a local news paper: "Wall Street's blue-chip share index yesterday powered to its best finish this year and neared its all-time high , as a stronger report on consumer confidence eased fears that US economic growth is stalling" As per my last prediction that the BRK.A stock will go down on the 25th September, it has actually went up all the way... notice the upward trend of the Dow and S&P index after 25th September till to now. This is another lesson to learn. No amount of technical analysis methods will able to adequately and accurately predict the Market direction and movement. Mr Market is sentimental and will have a mood swing any time of the day if he so desired.

Therefore, buying stock for the long term by value investing method is still the best strategy to date. It is important to calculate the intrinic value of the growth stock, factoring into some margin of safety, is still the best option to go for investing.















This is the report from Coattailinvestor on Buffet watch:

"Earlier this month, Warren Buffett took action to make sure his company, Berkshire Hathaway, remains a top model company for years to come. In a recent memo to “The All-Stars”, his top managers, the Oracle of Omaha warned against the temptation of unethical behaviour. The memo comes in the wake of the ongoing backdating scandal that has over 100 companies being investigated for questionable behavior.
Mr. Buffett was realistic in his memo stating that unethical behaviour in a company with over 200,000 employees is “inevitable”, but that the effects can be minimized with early detection. He went on to tell his All-Stars that, “Berkshire’s reputation is in your hands”, and unethical behaviour could not be justified because “everybody else is doing it”.
We here at Coattail Investor commend Mr. Buffett for continuing to set the standard for CEOs everywhere. "

Well this is a example of good management.. part of the criteria for picking the right stock based on value investing technique. In my opinion, BRK.A stock is a good stock to invest if you have the money to do so.