Archive for March, 2010
March 30, 2010 ·
Create income with a business and create wealth with income property! This show will cover the business side as Jason talks with Jim Palmer who is known internationally as ‘The Newsletter Guru’ who is the go-to resource for smart, effective strategies for maximizing customer relationships. In this episode (http://jasonhartman.com/radioshows) you will learn:
* Why newsletters are so important in growing your business
* Why a customer newsletter is such an effective marketing tool
* Six secrets to producing a great newsletter
* How not to be a newsletter pansy!
* The question of email versus print
As Bill Glazer says; “Jim Palmer is the ‘go-to’ guy on newsletters and ignoring his book will cause undue risk to your business.” Jim is the acclaimed author of The Magic of Newsletter Marketing – The Secret to More Profits and Customers for Life. Coming up soon: Jason talks with famous author, Harvey Mackay about his new book “Use Your Head to Get Your Foot in the Door: Job Search Secrets No One Else Will Tell You.”
Podcast: Download
March 29, 2010 ·
The stock market is continuing its rally from market lows early in 2009. To many free market economists, the stock market is seen as a harbinger of sentiment concerning the future of economic growth. This has created jubilation on the part of many journalists and investment advisors, based on the belief that current stock market returns are predicting a robust economic recovery. However, deeper analysis of this rally shows that it is heavy on ‘hopes and dreams’ while unfortunately light on fundamentals.
Analysis of the relationship between the S&P 500 market price and the earnings per share or dividends per share shows a much different picture. Over the last 15 years, the ratio of prices to dividends reached astronomical levels. This indicated a shift of market sentiment away from the fundamentals that drove earnings and dividends toward speculation on future appreciation as the primary driver of value in the stock market. This phenomenon is also evident in the cycles of expansion and contraction in the P/E ratio for the S&P 500 index.
The recent market turmoil has escalated P/E ratios to unseen levels that will require dramatic increases in earnings for the current price levels to be supported by fundamentals. The ratio of prices to dividends are also still very high relative to the historical average, communicating that market sentiment is still firmly in the camp of valuing the market based on the anticipation of future value appreciation instead of the fundamentals that drive earnings and the dividends that are paid out of earnings.
All of these trends point toward a further perpetuation of value bubbles, market crashes, nominal recoveries that create more bubbles. Furthermore, these market cycles are likely to increase in severity over shorter and shorter time horizons. The reason for this is a near complete disconnect between market values and economic fundamentals. As this fracture continues to widen, it will result in market values fluctuation wildly.
Another major factor in these anticipated fluctuations is the government exercising its monetary authority to finance deficits by expanding the money supply. (also known as ‘monetizing the debt’) It is likely that future nominal value contractions will be ‘eased’ by infusions of new money by the government. This will result in nominal value fluctuations that look moderate, but real value going down precipitously because of the dollar’s progressive weakening, due to expansionary monetary policy.
http://www.CreatingWealthPodcast.com & http://www.JasonHartman.com
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March 22, 2010 ·
Most of us are familiar with the notion of income and expenses, gross and net, profit and loss. These terms frequently work themselves into conversations about our financial wellbeing when we describe our income as X or our ‘take home’ as Y. However, there is a somewhat more complex understanding that makes income and expenditures take on a new dimension.
One of the famous quotes by Robert Allen is the observation that “Wealth is when small efforts produce large results, and poverty is when large efforts produce small results.” This sentiment can be extended toward your personal income by asking how much effort you must put forth for each dollar of income that you earn. This will give you a good idea of how far your talents can be leveraged to create income.
Another way of thinking about this concept is to classify your efforts into High Maintenance Income and Low Maintenance Income. High Maintenance Income (HMI) must be worked for with consistent, difficult effort. Low Maintenance Income: (LMI) is earned passively, and requires relatively little direct effort. In many cases, people believe that the key to prosperity is to increase their hourly earnings. However, they eventually find that their ability to increase hourly earnings hits a plateau. Furthermore, many highly compensated occupations require large time commitments and extensive travel.
Conversely, pursuing Low Maintenance Income means that you will be constructing a portfolio of passive investments that do not require direct effort from you to produce earnings. By leveraging your time and effort, it can allow you to continue growing your income without increasing the amount of hours you work. In some cases, you will even be able to increase your income while decreasing the hours of work by cutting or outsourcing low value activities.
Generally speaking, High Maintenance Income can be earned by simply working more hours. This makes it easy in the short-run, but difficult in the long-run. On the other hand, Low Maintenance Income requires significant up-front effort, but produces continual returns once it is set in motion. This makes it difficult in the short-run, and easier in the long-run. Most people have a mix of High and Low maintenance income. The ‘secret’ to building great wealth over time is to systematically replace the High Maintenance Income with Low Maintenance Income so that each month, year, and decade brings you closer to financial freedom.
The art of designing your income can only be employed if you are willing to be decisive and take action. It requires the acquisition of financial intelligence, the courage to fail, and the ability to adapt when new opportunities present themselves. For those who master this art, and create a perpetual machine of investments that produce Low Maintenance Income, there is literally no limit on the wealth that they can accumulate or the opportunities that the wealth will create. The key is continually taking action to design your income so that it takes the shape of your dreams and ambitions.
http://www.CreatingWealthPodcast.com & http://JasonHartman.com
Podcast: Download
March 22, 2010 ·
After an debrief on The Masters Weekend, Jason’s continues his discussion from show #141 on “The 30 Fatal Mistakes Investors Make.” During turbulent economic times, people can become their own worst enemy. The uncertainty of the stock market creates massive insecurity about our investment portfolios. These doubts are quite reasonable and it is time to stop trusting Wall Street and start being a direct investor by purchasing hard assets which are not subject to the greed, graft and manipulation of CEOs, investment bankers, fund managers and the government. Prudent investing is a prerequisite to The American Dream of financial freedom. Visit http://www.jasonhartman.com/radioshows/. Learn from the mistakes of others rather than “the school of hard knocks.” Tune in to this episode of The Creating Wealth Show as Jason reveals 30 fatal mistakes you must avoid in order to achieve financial independence and investing success.
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March 17, 2010 ·
Jason Hartman and Michael E. Gerber talk about working on your business rather than in your business. Gerber is the Founder of E-Myth Worldwide the coaching, training, and education firm he founded in 1977 to transform the development of small businesses worldwide. Go to: http://www.jasonhartman.com/radioshows. Now approaching its 33rd year, E-Myth Worldwide has achieved stunning results by helping to grow more than 60,000 business clients in 145 countries. As the author of eight E-Myth books, including the mega-bestseller The E-Myth Revisited, Michael Gerber has established his revolutionary perspective as the gold standard for small business development, becoming what Inc. Magazine called “the world’s #1 small business guru” and one of Business Week’s bestselling authors over the past two decades.
Michael Gerber’s passion and genius for understanding the plight of the individual entrepreneur is the crux of his tremendous appeal and success, and has formed the core value of the E-Myth brand as it has evolved over nearly three decades. Indeed, the unique ability of Michael Gerber’s E-Myth Perspective to help desperate small business operators overcome their “entrepreneurial seizure” and begin to work on their business, and not merely in it, is the very heart of the E-Myth revolution. Now 71 years young and unquenched in his passion to transform entrepreneurship worldwide, Michael Gerber is turning his attention from the development of existing businesses to the special needs of entrepreneurs in the startup. In December 2005 he launched a new venture for entrepreneurs seeking to create world-class startups, In the Dreaming Room, LLC, which is conducting 2 ½ day intensive weekend gatherings in the United States, Canada, and the United Kingdom. Based on his experiences with entrepreneurs in these “Dreaming Room” events, Michael Gerber is also working on his next major book—Awakening the Entrepreneur Within — that was published by Harper Collins in the spring of 2008.
Tune in to future shows as Jason talks with numerous luminaries such as world famous Harvey Mackay author of Use Your Head to Get Your Foot in the Door: Job Search Secrets No One Else Will Tell You and Swim with the Sharks Without Being Eaten Alive: Outsell, Outmanage, Outmotivate, and Outnegotiate Your Competition.
Podcast: Download
March 9, 2010 ·
Jason talks with David Allen who is widely recognized as the world’s leading expert on personal and organizational productivity. His twenty-five-year pioneering research and
coaching to corporate managers and CEOs of some of America’s most prestigious corporations and institutions has earned him Forbes’ recognition as one of the top five executive coaches in the world and Business 2.0 magazine’s inclusion in their list of the “50 Who Matter Now.” Visit: http://www.jasonhartman.com/radioshows.com.
Fast Company Magazine has also called David “one of the world’s most influential thinkers” in the arena of personal productivity, for his outstanding programs and writing on time and stress management, the power of aligned focus and vision, and his groundbreaking methodologies in management and executive peak performance. He is also the engineer of GTD, the ground-breaking Getting Things Done methodology that has shown millions how to transform a fast-paced, overwhelming, overcommitted life into one that is balanced, integrated, relaxed, and has more successful outcomes. GTD’s broad appeal is based on the fact that it is applicable from the boardroom to the living room to the class room. It is hailed as “life changing” by students, soccer moms, entrepreneurs and corporate executives. A consultant, educator, and popular keynote speaker to such diverse clients as Citigroup, General Mills, Stanford University, New York Life, Microsoft and the US Navy, Mr. Allen continues to enjoy delivering his sold-out Getting Things Done seminars to ever-expanding public audiences in cities throughout the
United States, Asia, Europe and South America.
David is the founder and President of the David Allen Company, whose inspirational seminars, coaching, educational materials and practical products present individuals and organizations with a new model for “Winning at the Game of Work and Business of Life.” He continues to write articles and essays that address today’s ever-changing issues about living and working in a fast-paced world and attaining a work-life balance. He lives in Ojai, California with his wife Kathryn. David is the international bestselling author of Getting Things Done: the Art of Stress-Free Productivity and Ready for Anything: 52 Productivity Principles for Work and Life.
Podcast: Download
March 5, 2010 ·
Jason’s amazingly popular course is now online. Thousands of people have attended live and zillions have asked for an online version… well, it has finally arrived! Can’t attend locally, can’t attend the live class? We have the solution you’ve been asking for! Go to: http://www.jasonhartman.com/radioshows.
Are you like the many who would like to attend The Creating Wealth Boot Camp but cannot find the time to travel or devote your whole Saturday to learning the best investment advice you will ever hear? In order to cater to the busy professionals in need of investment education and advice, we have created an online course to fit any schedule! This highly visual and interactive six week intensive will meet once a week for approximately one hour. Your schedule does not allow for you to attend live? Don’t fret, we will send you a recorded version for you to listen at your convenience. Bottom line, there is no excuse why you are living without this worthwhile information. The #1 piece of advice for growing wealthy is… Pretend the stock market doesn’t exist.
Seriously. That ship left the dock decades ago and won’t be back. If you’re still swallowing the Wall Street lies, we hate to be the bearer of bad news, but you will probably die poor, an unfortunate statistic lumped in with the 99% who will never know the blessed relief of a life free from financial worry. Can you even imagine the sweet taste of financial freedom? The truth is today’s stock market has devolved into a giant con game where an exclusive gang of unscrupulous slimeballs makes a very nice living picking the pockets of average investors like you.
At The Creating Wealth Boot Camp, we don’t even consider it a real investment unless it does the following:
• Expect at least a 20% annual ROI
• Allows you PROFIT from the economically debilitating effects of inflation
• Cuts the THIEVING middle-men out and allows direct investment
• Provides TRUE diversification
• Is the MOST tax-favored asset in America
• Turns banks profit model against them to practically STEAL money legally
• So conservative your grandmother would love it
We’re sorry but this event is jam-packed with education, not
bushy sales pitches.
1. Six+ hours of innovative education. No esoteric theory. This is a simple, repeatable, conservative approach that can make you VERY wealthy.
2. How to properly use leverage to reach financial independence. You might quit your job in as little as seven years and never work again.
A new feature at The Creating Wealth Online Course is property analysis. Jason and his team of investment experts will lead the class through the process of property selection using actual deals from our network. We’ll show you how we decide whether or not a property is a good buy. You can even bring in outside properties you’re interested in and we’ll show you how to evaluate its money-making potential.
Perhaps the benefits of using The Creating Wealth educational course to put your financial life into high gear can best be told by previous attendees.
TESTIMONIALS
“WOW Factor = 10!” – Michelle Hamilton
“Very, very informative! It was a 10!” – James Burns, Esq.
“Very informative and well-presented. I’m really excited and can’t wait to get started.” – Richard Jager
“Jason had great high energy. He’s clear and interesting with a sincere quality. Jason came across like an expert. It was a 10!” – Anne Alden
“Appreciate that the presentation’s goal was to give realistic and helpful information. It wasn’t “pie in the sky” and gave me a sense of confidence in being able to become a successful real estate investor. Rating: 10.” – Elizabeth Lewis
“I am going to tell my investor clients to attend a Platinum Properties Investment seminar before they sink another dollar into investment property! Rating: 10.” – Roger Lindsey
“Best real estate presentation I have ever been to (including my own) Rating: 10.” – Gordon Schaye
“This was awesome and the best investor seminar I’ve attended. I appreciate your up front, conservative approach and how you detail both the financial and non-financial market aspects of investing. Rating: 10.” – Paul Marthaler
“Honestly, I’m here with my husband to be educated and justify my “NO” to his investing idea. Jason had me at the break. I’m excited to learn more! My rating 10++!” – Kathy Toombs
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