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Issue No. 3073 - $1.00 | Thursday, August 5, 2010 |
| -----------------------------------------------------Highly Recommended----------------------------------------------------- You Get Everything... Yes, Everything At the 2010 ETR Info-Marketing Boocamp, you will get EVERYTHING you need to know about creating your own money-making info-marketing business. You'll find out how to...
This is only a tiny, tiny fraction of what our experts could cover at ETR's 2010 Info-Marketing Bootcamp. Get every last detail here."If writers wrote as carelessly as some people speak, then adhasdh asdglaseuyt[bn[ pasdlgkhasdfasdf." Lemony Snicket 7 Surefire Ways to Give a Speech That "Brands" Your Message Into the Hearts and Minds of Your Audience | |
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Copyright © 2010 Early to Rise, LLC. NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. Disclaimer: Early to Rise only recommends products that we've either personally checked out ourselves, or that come from people we know and trust. For doing so, we receive a commission. We will never recommend any product that does not have a 100% money-back satisfaction guarantee. Nothing in this e-mail should be considered personalized Financial Advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized Financial Advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. To unsubscribe from Early to Rise and any associated external offers, Click here. To contact us, please visit... http://www.supportatetr.com/helpdesk To cancel or for any other subscription issues, write us at: Order Processing Center Attn: Customer Service PO Box 7835 Delray Beach, Florida 33482 | |
Thursday, August 5, 2010
ETR: Less Is More
Wednesday, August 4, 2010
ETR: Investors Beware
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Issue No. 3072 - $1.00 | Wednesday, August 4, 2010 |
| -----------------------------------------------------Highly Recommended----------------------------------------------------- Your Website Is the Crossroads of the World Imagine if you could open up a store in the "Times Square of the Internet." But instead of the 26 million people a year who pass through Times Square every year, you got 91 million "passersby" -- every day! It's easy (and cheap) to do. And with Bob Bly's help, you could see income in just a few weeks. Read more... Today, we introduce a new voice to Early to Rise, Shah Gilani. Shah is a contributing editor and market expert with our Agora sister publication, Money Morning. In his piece today, he forecasts trouble ahead for the stock market... despite a rosy outlook from some market watchers. Jason Holland "Yes, risk-taking is inherently failure-prone. Otherwise, it would be called sure-thing-taking." Jim McMahon Investors Beware: Cash Pouring Into Junk Bond Funds May Signal Stormy Seas for StocksBy Shah Gilani, Contributing Editor, Money Morning We all know that bonds offer lower (but more reliable) returns than stocks, with better resistance to the whims of the market. But there's also something called high-yield bonds, also known as "junk bonds" because of their low ratings (below investment grade) and unusually high risk of default. Lately, bargain hunters have been plowing their money into U.S. high-yield bond funds. A few weeks ago, according to Lipper Research, $1.39 billion flowed into them. This was the largest pile-in since August 2003. The fifth-highest on record. And the U.S. market isn't the only place money is pouring into high-yield funds. Loads of cash is flooding western Europe, too. A record amount. So far in 2010, $25.3 billion has poured into junk-bond funds there. That's a 35% jump from the previous record set back in 2006. The result of all this cash flowing into junk bonds signals trouble ahead. Let me explain... The federal interest rate is near zero. It's been there since 2008. This policy is meant to spur growth and spending and fuel economic recovery. It makes it easy for people to borrow money. But it also makes it hard for investors to make money. It induces them to take up residence in the risky neighborhoods of investing. Like junk bonds. They see high yields and reach for them. And while investors are plowing money into junk bonds, large banks are looking to place money. Most of it is given in loans to big borrowers -- loans that have the scope and scale to give banks hefty fees for commitment, underwriting, and placement. Banks also like the fat interest rate spreads typical of these "leveraged loans." So it's win-win for banks and borrowers. But what about those investors? Good Money Chasing Bad Deals An improving marketplace goes hand-in-hand with rising asset values. And rising asset values supports a surge in junk bond deals. Private equity shops wheel and deal to leverage the public companies they're taking private with high-yield loans. (They use the proceeds to buy out public shareholders, as well as to pay themselves fat "management" fees. Their investors get juicy dividends too.) At the same time, they try to streamline their new portfolio companies to make them more productive and -- they hope -- more profitable. In a teetering economy, though, there's little room for that. Most companies have already squeezed out all the excess and inefficiency. Even before private equity players buy them out. Layoffs, scaled-back production, asset sales, and de-leveraging... all standard corporate fare in a recession. Call it "Survival 101." But if demand doesn't return or is not sustainable, more de-leveraging will be needed. No matter how much was already done. A Backed-Up Backlog? Something bad is brewing for private equity shops. And for their investors. And even for the larger universe of investors in U.S. and western European stock markets... The private equity sector has a huge inventory of debt-laden portfolio firms. Each one is waiting to go public. But today's initial public offering (IPO) markets are desperately thin. So a nasty backup is forming. It looks something like traffic on the Long Island Expressway... heading out to the Hamptons... on a Friday afternoon. This backlog of deals weighs on the rest of the market. Not only are these deals dull. The companies are sorely over-leveraged. It would take the power of a particularly exuberant market to lift any newly issued stocks. Otherwise, poor IPO debuts could kill off any enthusiasm that capital markets hope to represent as investible opportunities. And equity investors are beaten down enough as it is. In the 2nd quarter of 2010, 90 companies filed to go public. They planned to sell a total of $23.6 billion in shares. That is the highest number of planned IPOs on record. (At least since the last bull market that ended in 2007.) In the same quarter, the number of IPOs cancelled was the highest since the collapse of Lehman Brothers in fall 2008. Fifty major IPOs got zapped worldwide. And markets continue to whip-saw. So it's not likely that new share issuance will pick up anytime soon. If anything, the traffic jam is getting longer by the minute. That's bad news for private equity shops. They've invested a total of $2 trillion in leveraged buyout (LBO) deals. That was during the easy money, credit-crazy bubble. The one that just exploded. Note two important things. First, leveraging up continues. And second, more and more junk bonds are being issued to pay dividends to private equity masters. DynCorp International Inc., for example, just issued $455 million worth of high-yield paper at 10.5%. It needs to finance a $1.7 billion buyout by Cerberus Capital Management. The cable TV firm Insight Communications Co. is selling $400 million worth of junk bonds to pay a $300 million dividend to its owner, the Carlyle Group. And CKE Restaurants Inc. is floating $600 million. That will help pay for its $1 billion buyout by Apollo Global Management. Caution Is the Watchword The low federal interest rate drove investors to seek higher yields by buying mortgage securities packed with subprime loans. It inflated the credit bubble. And the low rate is the catalyst here, too. Investors who dare dabble in stocks right now must recognize the overhang of leveraged IPOs coming to market. Beware the potential for another tsunami of deleveraging. It's coming... It's only a matter of time before healthy markets become unable to absorb the backlog of stale deals. And steer clear of leveraged, stripped-out companies fishing in the junk market for yield-hungry fools. They won't be able to make their hefty interest payments for long. Avoid getting stuck on the backed-up market expressways. Stay alert and watch your mirrors. And beware. That stock market downturn you see in your mirror... may be closer than it appears. [Ed. Note: Shah Gilani is a retired hedge fund manager and renowned financial crisis expert. In a recent expose, he warned that high-frequency traders were artificially pumping up market volume numbers. That makes stocks super-susceptible to a downdraft. And that downdraft came. Were you ready for it? Gilani was. So were subscribers to his new advisory service, the Capital Wave Forecast. The morning after it happened, his portfolio was up 186% on a short-term euro play. But that wasn't all. It had gained more than 300% on an option play on the VIX volatility index too. -----------------------------------------------------Highly Recommended ----------------------------------------------------- Ready, Fire, Aim Is a Must-Have for Any Serious Entrepreneur After just 10 minutes with this Wall Street Journal and New York Times bestselling book, you'll know how to:
Putting just a few of these strategies to work could hand you the "best job in the world" - self-employed multimillionaire. Get all the details – and a plan for success – with your own FREE copy of Michael Masterson's Ready, Fire, Aim..."MaryEllen Tribby's own core values are showing right through in this article. ("What Are Your Core Values?") Good for YOU, Mary Ellen. Very uplifting and positive reading and thinking. "Thanks." Arlean Kelley -----------------------------------------------------Highly Recommended----------------------------------------------------- There's No Reason Why You Shouldn't Be the Next Overnight Success Story... Maybe you've been hearing about all those "overnight" Internet success stories -- and wishing you could be next. Well, it's finally time... One online entrepreneur we know made $1.8 million last year selling... pajamas. A couple from California -- using the same business model -- made $25 million. (They sell flags, gardening tools, baby furniture, and more.) How'd they do it? They were able to get their products for pennies on the dollar and sell them at a huge markup. We want to show you how to get into the same type of easy-to-operate business that takes full advantage of our global economy and the Internet. All you have to do is follow a simple plan that walks you -- step by step -- through it. To see if your financial success is right around the corner, continue here... Today's Words That Work: InexorableInexorable (in-EK-ser-uh-bul) -- from the Latin -- means relentless and unyielding. Example (as used by David Denby in a New Yorker review of the film Salt): "Heroic inexorability is, of course, a movie staple, going back to the silent serials, and there's no reason that women shouldn't be super-studs, too." We want your feedback! Let us know your thoughts on today's issue. Email us at: AskETR@ETRFeedback.com | |
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Copyright © 2010 Early to Rise, LLC. NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. Disclaimer: Early to Rise only recommends products that we've either personally checked out ourselves, or that come from people we know and trust. For doing so, we receive a commission. We will never recommend any product that does not have a 100% money-back satisfaction guarantee. Nothing in this e-mail should be considered personalized Financial Advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized Financial Advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. To unsubscribe from Early to Rise and any associated external offers, Click here. To contact us, please visit... http://www.supportatetr.com/helpdesk To cancel or for any other subscription issues, write us at: Order Processing Center Attn: Customer Service PO Box 7835 Delray Beach, Florida 33482 | |
Tuesday, August 3, 2010
Check out this video
| Dear ETR Reader - When you think of making the big bucks, what comes to mind? Eighty-hour work weeks with your nose to the grindstone? Risky deals being made in a back room? Clutching a lottery ticket tight in your hand as the announcer calls the numbers? Hoping against hope that Great Uncle Gary included you in his will? Face it. Most visions of wealth carry with them a lot of risk, heavy stress, and a good deal of luck. But what if I told you that it didn't have to be that way? That, instead, you could build your own fortune... From the comfort of your own home... Or anywhere on earth with an Internet connection. And that you can learn exactly how to do it from a beautiful ocean-side retreat! You could:
What better place to learn how to build your fortune than paradise? This is exactly the kind of experience you'll have this November at the 2010 ETR Info-Marketing Bootcamp. But don't take my word for it... Get a sneak peek at what we have in store for you by watching this short video presentation. At Bootcamp this November, we'll give you all the tools you need to make money... From home... Doing what you love to do. Let me assure you... This won't be idle advice. All the lessons you'll learn at Bootcamp come from expert marketers and business builders who are already making money this way. Today and every day. Take a minute to watch this short video about building your fortune in paradise... Then read all about the experts we've got lined up... the money-making tools you'll come away with... and the kind of success YOU can have, just by joining us. See you in November! Jason Holland
You are receiving this e-mail as a part of your subscription to Early to Rise. Nothing in this e-mail should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. _____ To unsubscribe from Early to Rise and any associated external offers, Click here To cancel or for any other subscription issues, write us at: Order Processing Center |
ETR: Afformations
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Issue No. 3071 - $1.00 | Tuesday, August 3, 2010 |
| -----------------------------------------------------Highly Recommended----------------------------------------------------- If There's One Thing Truly Successful People Know... it's that "dreaming" about success won't get you anywhere. You must take action. That's first. Next, you need somebody who's been there before to guide you. Success mentor Bob Cox has built multimillion-dollar businesses, advised billionaires, and helped people around the world achieve their dreams. Why not let him help you? "The doors we open and close each day decide the lives we live." Flora Whittemore Afformations: The Secret Key to Manifesting Your Desires | |
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Copyright © 2010 Early to Rise, LLC. NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. Disclaimer: Early to Rise only recommends products that we've either personally checked out ourselves, or that come from people we know and trust. For doing so, we receive a commission. We will never recommend any product that does not have a 100% money-back satisfaction guarantee. Nothing in this e-mail should be considered personalized Financial Advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized Financial Advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. To unsubscribe from Early to Rise and any associated external offers, Click here. To contact us, please visit... http://www.supportatetr.com/helpdesk To cancel or for any other subscription issues, write us at: Order Processing Center Attn: Customer Service PO Box 7835 Delray Beach, Florida 33482 | |
Monday, August 2, 2010
The same, but different?
| Dear ETR Reader - You'd think it would get old... This November, I'll be attending my FOURTH Info-Marketing Bootcamp. And - just like I do every year - I'll be bringing my laptop with me so I can take copious notes. That's because the only thing that stays the same about this annual event is that it's ever-changing. Sure, we have a few experts who appear every year (Rich Schefren and Michael Masterson, to name a couple!). But each year, our expert panelists offer up the hottest ideas for making money in the information marketing industry... Marketing and business-building techniques that are working TODAY... And revenue-boosting secrets that our experts are using - RIGHT NOW - to make money for themselves and their clients. This year, the Info-Marketing Bootcamp will be the same: Different from every Bootcamp we've ever hosted! Yes, we promise to cover some of the tried-and-true direct marketing strategies that have been working for decades... (This year, we're featuring the man that advertising legend David Ogilvy says knows direct marketing better than anyone!) But we'll also dig deep into some of the newest trends that are making savvy info-marketers very wealthy today... Things like:
One Bootcamp attendee, Rick Louis, says, "The sort of information you get at [the Info-Marketing Bootcamp] vs. others is actionable and hugely doable. To turn ideas into a living is now an easy thing to do." "[Bootcamp] was the most exciting conference that I have been to ever," Paul Good told us. "It opened up so many incredible ideas for me. The content is the most rich of anything I have ever seen... Nothing but powerful idea after powerful idea moment after moment... One of the most worthwhile things I have ever done." And Sharon O'Day says, "This is a tremendous opportunity to get in front of the people who are the movers and shakers in the industry. It's like getting a master's degree in how to build a business on the Internet." To read more about the marketing experts we have on hand this year... And learn more about the ideas they'll be spilling at Bootcamp... (Ideas that could wind up putting more money in your pocket!)... Simply click here. If you act quickly, you can pick up a $200 discount. Hope to see you there! Jason Holland
You are receiving this e-mail as a part of your subscription to Early to Rise. Nothing in this e-mail should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. _____ To unsubscribe from Early to Rise and any associated external offers, Click here To cancel or for any other subscription issues, write us at: Order Processing Center |
ETR: 24 Times the ROI of Government Bonds
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Issue No. 3070 - $1.00 | Monday, August 2, 2010 |
| -----------------------------------------------------Highly Recommended----------------------------------------------------- A Million-Year-Old Volcanic Rock That Outsmarts Heart Disease... One of the doctors featured in this report had such a weak heart that he couldn't even walk up a flight of stairs. Now, thanks in part to this million-year-old volcanic rock, he can bike straight up a mountain... in the middle of a desert. Click here to read his story and other amazing stories of health breakthroughs that are saving lives today."I'm tired of Love: I'm still more tired of Rhyme. / But Money gives me pleasure all the time." Hilaire Belloc 24 Times the ROI of Government Bonds | |
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Copyright © 2010 Early to Rise, LLC. NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. Disclaimer: Early to Rise only recommends products that we've either personally checked out ourselves, or that come from people we know and trust. For doing so, we receive a commission. We will never recommend any product that does not have a 100% money-back satisfaction guarantee. Nothing in this e-mail should be considered personalized Financial Advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized Financial Advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. To unsubscribe from Early to Rise and any associated external offers, Click here. To contact us, please visit... http://www.supportatetr.com/helpdesk To cancel or for any other subscription issues, write us at: Order Processing Center Attn: Customer Service PO Box 7835 Delray Beach, Florida 33482 | |
Saturday, July 31, 2010
The Michael Masterson Journal
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Issue No. 53 - $1.91 | Saturday, July 31, 2010 |
"Motivation is the art of getting people to do what you want them to do because they want to do it."Dwight D. Eisenhower MotivationI was once characterized by a book reviewer as a "motivational writer." Apparently he felt that this moniker debased me. It didn't. I am very happy that my writing sometimes has the effect of motivating people. I find it hard to understand what is wrong with that. If he meant to imply that my work doesn't have substance he should have said so. But I don't think he dared say that because the book he was reviewing was about building businesses -- and that is something I know a great deal more about than the average reader of that book, including him. Still, a lot of folks have the idea that motivating people is somehow less legitimate than, say, just providing them with information. The thinking seems to go something like this: "Don't try to excite me. Don't try to get me moving. Just tell me the facts." But knowing the facts is only 20 percent of success. Testing the facts by putting them into action is 80 percent. I can't say for sure when motivation started creeping into my writing. But it was at least 20 years ago -- well before I started writing books about marketing and business. I think it began when I became a consultant and realized that I couldn't force my clients to execute my ideas. If I wanted them to follow my suggestions, I would have to take the extra step of motivating them to do it. When I make presentations to a group, I try to motivate my audience to take the action I want them to take by using the persuasive techniques that I teach marketers to use in selling products. For one thing, I express the value of my ideas in terms of how the people I'm speaking to (not me or anyone else) will benefit from them. I also sell one idea at a time. I have learned that if I try to do more, they (and I) will come away with nothing. Whenever possible, I present my ideas through stories -- because stories, more than any other information-sharing technique, have the power to inspire. And I provide proof to support the claims I make. Tangible, relevant, and impressive proof. All this is good for group presentations. But when I am trying to motivate my clients to implement my ideas, I have to do more. I have to work with all the key people in the company -- the CEO, the top marketers, and the top product people -- on an individual basis. It takes a lot of time, but it's necessary because every one of them has unique problems and concerns that have to be addressed. Many business owners and senior executives don't bother to sell their ideas to the people who will be responsible for implementing them. They think it's enough that they come up with the ideas in the first place. And they prefer to motivate the troops by rewarding them financially, as well as with such gimmicks as business retreats and "employee of the month" plaques. One of my clients is a big believer in financial incentives. In fact, he attributes a good deal of his success to the substantial, profit-based bonuses he gives out on a regular basis. But I don't believe he's right about that. I think there are all sorts of other motivating activities going on in his business that he is not fully aware of. For example, his top people are very much involved with the people who report to them. They congratulate them publicly for achieving their goals and they also privately counsel those who have failed to hit the mark. This constant interaction and support is, I think, the real reason his employees work so hard and keep the business growing. When I was a young executive I did what my client is doing now. But over the years I recognized that "automatic" financial incentives failed to work as often as they succeeded. I tried to figure out why that was. I talked to my employees. I sought the counsel of my mentors. And I read books -- lots and lots of books about motivation. One thing I learned was that he best people aren't motivated by money. They certainly appreciate it. And they will not lose sight of the potential for a bonus as they do their jobs. But what really motivates them is what some experts call internal rewards -- the personal pride and gratification that comes from a job well done. In other words, they work hard and smart to please themselves. You only need to think of Enron to appreciate how things can go bad by attaching business goals to financial incentives. If you want your business to achieve its true potential you must be willing to give your people personal attention. You have to eschew hard power (the sort of power that Steve Jobs is famous for) and practice the soft skills of listening and coaching and providing a purposeful environment for them to work in. (I've read a lot about purposefulness in recent years -- but almost nothing about how important it is in business.) If you provide financial incentives, you have to make sure they are fair. But you have to realize that they will affect people differently. You can't just establish them and walk away. I got involved in a discussion recently with a client who, I believed, was making a mistake by ignoring his key people. "They're doing fine on their own," he told me. "They don't need me meddling in their affairs." Yes, they were doing fine. Still, I argued that he needed to stay in touch with them. He needed to ask them questions and give them suggestions. He didn't need to make demands or commands, but he did need to make sure that they were feeling fulfilled by the work they were doing. If they weren't, he was going to lose them or they were going to stop caring about the business -- no matter how much he was paying them. I've seen it happen too many times. An executive makes a fast rise and then suddenly breaks though to the upper ranks. He continues to build the business, bringing in smart people to help him. He motivates them with money because it seems to work and because he doesn't know any better. All the while, his income is getting bigger and he is acquiring spending habits and pastimes that compete with his work. Eventually -- generally after seven to 10 years -- he finds that the business is running itself. He doesn't have to show up every day, so he doesn't. He'd much rather spend time on his hobbies and outside interests. He gets away with it so it becomes a habit. A year or two later sales flatten out and profits decline. And he doesn't understand why. If you want your business to grow profitably and consistently, you must understand that your job as chief motivator will never go away. You must be willing to interact personally with everyone who reports to you. You must talk to them constantly. You must give them guidance. You must give them freedom. You must praise them and you must occasionally correct them too. Let me give you an example of how important employee motivation is to the success of a business. This past year, I have been very much involved with a client whose business had faltered. I began by meeting with his key employees and trying to understand what they were doing, what they were proud of, and what was frustrating them. Based on what I learned, I recommended some radical changes in the structure of the business -- and as a result, some people had to be fired. In deciding which people to keep, my primary concern was whether any of the company's employees would be open to new ideas. I believed I had the knowledge they all needed but I had to be sure they would listen to me. By eliminating the people who were past being motivated, I made my job possible. Once I had a good group of people that I could motivate, I knew that my ideas for turning the business around could be tested. To cut to the chase, they managed a miraculous turnaround in less than six months. The improvement was only partially due to the new ideas we introduced. Most of it was due to the fact that the entire team was motivated to execute those ideas well and quickly. [Ed. Note: You've just learned the right way to motivate your employees. It's a key element of growing a successful business. And it's a major theme of Michael Masterson's Wall Street Journal and New York Times bestselling book on entrepreneurship, Ready, Fire, Aim. Brian Tracy calls Ready, Fire, Aim "an extraordinary book -- full of practiced, proven strategies and techniques to help you make more sales and greater profits than you ever imagined possible." And Robert Ringer says "What sets Masterson apart from most of the gurus who write about how to do it is that he's actually done it -- over... and over... and over again." In Ready, Fire, Aim, Michael shares the business-building secrets he learned while he took several businesses from scratch to multimillions in revenues. And, as always, his contrarian advice flies in the face of the "wisdom" offered up by most mainstream management and business gurus. For example, you'll learn why...
Early to Rise is offering a free copy of Ready, Fire, Aim to ETR readers today. All you have to do is sign up for a free trial subscription to the Liberty Street League, our premium wealth-building membership service. Get all the details here.] How I Invest in Gold Knowing that I consult with several financial publishing companies, one of my son's friends recently asked my advice on investing in gold. Based on advice from the Oxford Club last year, he had purchased a few shares of gold producer New Gold (NGD) and doubled his money. But these days he's hearing that now is an even better time to get into gold-related stocks. He's not looking for huge returns. Just enough to help pay for his daughters' school tuition. What I told him should help you too... I have invested about one half of 1% of my net worth in gold stocks. It helps, of course, that I've done this through private deals that one of the world's top experts puts together for his friends. But most of my gold investments have been in bullion coins (as opposed to collectible coins). I began investing in these coins when they were priced at less than $400, and I have plenty now. But if I didn't have at least a year's salary worth socked away, I would continue to buy them. If you plan to buy bullion coins -- and you should -- don't pay too much of a premium for them. One guy I know and trust is Van Simmons at David Hall's Rare Coins and Collectibles. Gold bullion coins you should buy for safety -- in case we do go into a spiraling inflation. Gold stocks are merely to play the game. Keep that portion of your portfolio small. As always, keep in mind that I am not a registered investment advisor. I'm just telling you what I do and what works for me. And gold isn't the only metal I'm interested in these days. The researchers at Sound Profits recently sent over a report on a metal that I didn't know anything about (and could barely pronounce) -- one that I found very intriguing. If their analysis is correct, it could be a very smart way to play two of the biggest trends in the markets today (and you know I'm a believer in trend investing). Check out the full special report and get all the details here. Read The Pledge Before Anyone Else We were recently checking out cover designs for my new book, The Pledge: Your Master Plan for an Abundant Life. John Wiley and Sons (the publisher) would probably be mad if I showed them to you. But I can give you an early look at some of the chapters -- and you can tell me what you think. The Pledge is not a book on "goal setting." It provides a blueprint for fundamental change. Here's some of what you'll learn:
Just go here, give us your e-mail address (so we can give you exclusive book updates and a special deal when the book is officially released), and you'll download an excerpt from The Pledge instantly. Then read it and send me an e-mail to let me know what you think: AskMichael@ETRFeedback.com. We just might publish you in ETR. The Not-So-Empty Restaurant My friend A., a restaurateur, read my Journal essay on "The Empty Restaurant" a couple of weeks ago. It inspired him to share a marketing lesson he learned years ago. I think you'll find it useful -- no matter what business you're in. "Many years ago, my cafe participated in a rib contest. (You know our ribs are great.) Well, many people were going to the other 20 rib stands. But not so many were coming to ours. It took me a while to figure out why. "The other booths had lines, and ours didn't. We didn't have lines because my staff was so fast. Lines were forming at the other rib places because they were slow at plating the food and slow in making change. I had my crew slow down and a line formed. The rest of the weekend we worked just slow enough to have a line and just fast enough so customers didn't have to wait too long. "We did very well. People say that they don't want to wait, but I guess they do." [Ed. Note: Michael Masterson welcomes your questions and comments. Send him a message at AskMichael@ETRFeedback.com.] | |
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