Thursday, March 30, 2006

Things that effect me...

"You are the only one that creates your reality" Esther Hicks

I think that it is important as you follow along this path know exactly what shapes me and how I learn. This thought came to me this week as I was finishing up Robert Kiyosaki's book Cashflow Quadrant. I think it is important that when I see something or experience something that shapes me personally or in business that I let you know. Now you may not care about what effects me personally however, my personality will dictate the type of person that I am in business. Therefore, I will share with you those things that effect me personally. Getting back to Robert Kiyosaki's book Cashflow Quadrant, this book has had a profound effect on my way of thinking about myself related to the business world. In his book Cashflow Quadrant, Kiyosaki talks about the Cashflow Quadrant that his Rich Dad taught him about. We are all apart of this Cashflow Quadrant we are all just located in different places. This Quadrant is made up of the Self employed, Employees, Business owners, and Investors. Robert Kiyosaki, went into a lot of detail about each quadrant. Each quadrant can be wealthy however, wealth and time freedom simultaneously is much easier to achieve in certain quadrants. There is a mind set in each quadrant that is different than the rest. Kiyosaki helped me to identify which quadrant I am in and which quadrant I want to be in. He explained the mindset that I would have to develop in order to switch quadrants within the Cashflow Quadrant. This was a great read and it was very easy to read!

Also today I experienced something that was truly eye opening. Bob Becker, called me this morning and said, "Jackie, I want you to take a look at something."

He gave me this website http://www.thesecret.tv, he told me there is a feature film up there that last 90 minutes. It was going to cost me $4.95 to watch it but, if I didn't feel like I had gotten my money's worth he would refund my money himself. Well I have to tell you, I will not be asking for a refund. This movie reveals the secret that almost every truly successful person knows. I guess it is my duty as you read this for me to give you access to the secret as well. You can view the trailer to the movie here.

Wednesday, March 29, 2006

Increased advertising...

"The person who gets the farthest is generally the one who is willing to do and dare. The sure-thing boat never gets far from shore." Dale Carnegie

I am very excited, I have increased my advertising to $2,000 a month. It was not all that long ago I was only spending $300/month in advertising. However, over time in my business I have been increasing my lead quality and quantity. This is going to be so much fun. I will keep you posted on how well this is going to work. If you remember, I have some goals that I have to catch up with because I am behind on my annual goals. So stay tuned...

Tuesday, March 28, 2006

Have a millionaire support your business

"Everyone who got where he is has had to begin where he was." – Robert Louis Stevenson

Have you ever wished you could add a millionaire to your circle of influence?

In your current business do you have a millionaire in your support network (In some businesses this is called an upline)? With Coastal (http://jackie.makecoastalmoney.com) I am very fortunate to have the Coastal Wealthbuilders (http://jackie.sharecoastalwealth.com). Our support group is phenomenal, on a daily basis, we get mentored each and every day by a cast of six figure income earners. If you are not fortunate enough to have the same type of support as we have. Then I am going to tell you how you increase your support network. Or maybe you already have solid support but, just like me you want to increase that support network even further. I am about to tell you about someone who has helped me to increase my income by almost $300%. You can get access to this woman for free.

This amazing woman started in the home based business industry as a young broke cocktail waitress with only $2.03 to her name. She was completely homeless and living out of the truck of her car. Not to mention she was over $35,000 in debt. Her first year in her home based business she earned over $250,000 and by her second year she earned her first $1,000,000. Since then she has made many more millions, and still earns a six figure income from a home based business that she has not worked in for over 5 years. Her strength is in her no non-sense, simple, but straightforward approach to teaching. This woman's name is Dani Johnson, and you can get access to her by visiting her website at http://www.danijohnson.com.

Dani continues to raise many leaders up today who go on to earn six and seven figure incomes. Take Tom Challen who went from getting his two cars repoed on Christmas morning while his 4 little girls watched to earning over $211,000 his first year working with Dani Johnson. Tom did the same thing Sandy did during that year. Sandy from Michigan started attending Dani's First Steps to Success Seminars. Prior to attending First Steps to Success Sandy has called over 3000 leads and signed up no one. After her first year of attending First Steps to Success she went on to earn over $300,000 in one year and ended up with a closing ratio of 9 out of 10. She even had an 80% closing ration on leads that were 3 to 6 months old.

Dani Johnson and her First Steps to Success seminars, have truly made a different in my life. If for any reason you attend her First Steps to Success seminar and you don't think you got your money's worth they will gladly give you 100% of your money back!

Thursday, March 23, 2006

Advertising is the key to making money

Today, I am going to tell you what I have learned about advertising in order to be successful regardless of the business that you own. If you missed my post yesterday talking about how to choose the right business then you can read it here ( http://jackieoquinn.blogspot.com/2006/03/simple-secrets-to-success.html#links ).
When I failed at my previous six attempts at starting my own business it was most often due to the fact that I could not figure out how to advertise in a cost effective manner. I was always spending far more money to get a new client than I was earning from the client. Finally I learned how to do this cost effectively. Previously, I always had an issue in which my support network in the new business was either non existent or weak.

However, I also had an ego problem and didn't listen to advice that was given to me even though the person giving the advice was successful and I was not. My excuse for not listening was often because I felt like the person who was giving me the advice did not have a high enough level of success to be credible. I say this only because many home based businesses already have a support network in place. Often times if that support system has had any success at all they can tell you how to advertise your chosen business cost effectively. Be sure to seek their help aggressively. Most of us don't seek our support aggressively enough for various reasons. Sometimes, we actually think it is their place to track us down to make us successful. Talk about having a lack of responsibility? Yep, I have been there.

When I started my Coastal Business my Director told me how to advertise and who to advertise with, I did not listen at first. Not listening had been a pattern for me. I knew I could earn big profits but I thought it made more sense to find a cheaper way of advertising until I made that "first" profit. After spending hundreds of dollars and emptying my bank account with no results, I went back to my Director and asked her, "Why could I not succeed?"

Once again she told me how to advertise. I literally scraped up money that I had been saving in a large glass jar for four years. It was all in change, I rolled that change and counted it. It came up to $600.00, I used that money to start my advertising campaign like my Director had instructed me to with Cutting Edge Media ( http://www.coastalleads1.com/ ).

I have never looked back. Thankfully with Coastal Vacations, we can spend about $100 to $300 in leads for every $1,000 we profit. At least that is what I found out when I started following directions. If you are in a business that does not pay profits that are as high as Coastal's that is O.K. Some smaller home based businesses teach their entrepreneurs to hand out flyers, talk to family and friends, conduct home presentations, etc. I understand that can be difficult to do especially if you are like me and you told your entire group of friends and family about each of your six business ventures. Most either failed at least once with you but, all of them saw you fail each and every time. However, this form of advertising is very inexpensive and still allows you to earn a profit with your business. If you don't have the luxury of earning those large profits, it can be a great way to get your business off of the ground.

The moral of the story is to pay attention to your support network. If you don't have one, find people who are making money and ask them how they advertise. It doesn't matter how much money they are or are not making. If they are earning more money than you are, then you need to at least reach their level of success before trying to venture out on your own. Don't make the same mistake I did!

Your support network has a lot to do with how you learn to advertise successfully. After all most of us can follow explicit instructions if we so choose to. If you have a weak support network in your current business or want to increase your support network beyond what you already have. I am going to show you how I have learned to work with a multi-millionaire in the home based business industry and you can too. By growing my support network and working with this one expert; I have grown my business from earning over $6,000 a month to well over $25,000 a month. I will tell you how to do this in my next post...

Simple Secrets to Success

"You can swim all day in the Sea of Knowledge and still come out completely dry. Most people do." Norman Juster

I have discovered the simple secrets to success with a homebased business. I am going to tell you what they are. If you have been subscribed to this online personal journal then you know I have struggled to succeed within the small business world. I have seen many scams, researched hundreds of businesses, and failed with at least six of them. I have finally achieved a measure of success with Coastal Vacations just over $33,000 so far this year. Along my journey I have discovered some simple secrets that have lead to my success.

I am not going to tell you that Coastal Vacations is the secret. To be perfectly honest with you this business is not for everyone. Some people will choose not to succeed with Coastal. However, the simple secrets I am about to share with you will help you to succeed regardless of the business that you choose to succeed with.
The first secret that I am going to share with you has to do with finding the right business model. You have to find a business model that gives you a large enough profit margin to succeed. In other words you have to be able to earn enough profit that you can reinvest into your business to attract new clients but still have a profit left over. In a lot of homebased businesses you are paid very little up front, it is only after you have developed a large client base that you are earning enough to have profit left over after advertising. This is obviously not a concern with Coastal Vacations earning profits of $1,000 to $9,705 per sale.

However, if this is a concern with your current business model that's OK. Lots of companies have to operate in the red for a while before earning a profit. Just be sure to track your advertising dollars and revenue so that you can make sure that you are slowly earning more and more revenue without increasing your advertising budget. Make sure that you have a bankroll large enough to cover your advertising until you start earning a profit.

In my next post, I am going to talk about what I have learned regarding advertising. So that you still have profits left over at the end of the day regardless of the business that you are in.

Wednesday, March 22, 2006

Planning financial futures

Successful people save in prosperous times so they have a financial cushion in times of recession. Brian Tracy

Well the snow has melted it was actually gone by noon yesterday. Yay! I got hit with 15 leads yesterday which was great and I am waiting on my new leads today. I actually have a follow up appointment in a few minutes, but I wanted to add a quick blog post.

Carmen, is going to set up a Roth IRA today. I am not certain if that is the very best thing she can do right now. I would prefer to see her setup some sort of a self directed retirement account with greater tax advantages. Maybe something like my brother and my buddy Wayne Jones keeps telling me about. I am not quite ready yet but I need to start my research on each of those and the differences. I will likely post my finding during my research on this blog.

Anyway, Carmen asked me what she should invest in. I hate giving people specific advice about their money. It bothers me because Carmen is clueless about finances outside of her personal finances. In other words she can live on a budget from day to day and week to week. She can stay out of debt. However, she has no clue about investing and financial planning for her future outside of her immediate future. I have just enough Emerald in me and that drives me nuts. I have tired to explain to her that her business is only a vehicle and only a small part of her financial life. She is not only the President and CEO of her current business "Clean Air Concepts" but, she is also the President and CEO of her finances. Clean Air Concepts just happens to be the best investment vehicle to get immediate cash for her financial life. However, just as the CEO of a large corporation is always looking to grow and expand she is responsible for figuring out how to effectively grow and expand using the resources (money) that she gets from Clean Air Concepts.

She did ask me this morning what should she invest in and I briefly told her Sirius Satellite Radio (SIRI) for a very risky investment and Vanguard S&P 500 mutual fund for a much safer investment. Sirius, is a high risk investment with potential for a huge reward. I also like XM radio which is their competitor. In a few years this stock with either disappear in a paperwork of bankruptcy or it will be the one people will be wishing they would have been in now. There is no good fundamental reason to like that stock unless you are like me and you just believe the Satellite radio industry will succeed. The reason I told her about Vanguard S&P 500 index fund is because it is one of the lowest cost mutual funds you can invest in. In other words very little of your investment is given to management of the fund and you have more investment dollars working for you. It is also a very stable investment compared to Sirius it typically follows the S&P 500 which is the largest 500 companies on the stock exchange.

Carmen, just has no interest in this stuff but I truly wish she would take an interest in it. I think the problem is that Carmen is a hardcore Ruby. She feels she has to be the best at everything she does. Since she is unknowledgeable and uncomfortable learning about investing she feels that she will make mistakes along the way and will not be as successful as she feels she should be. Therefore, I think she finds it easier to just avoid having to learn about it all together. I think it really is just a personal growth issue. If she ever takes a serious interest in her financial future then I believe she will be a really savvy investor. God, I love her.

Tuesday, March 21, 2006

Back to work

"Formal education will make you a living. Self-education will make you a fortune." Jim Rohn

I woke up this morning at about 8:30 am, looked out the window and saw snow! Boy, I have to get used to that. Looks like we have about an inch of snow on the ground. I called Cutting Edge Media and got my $2,000 worth of advertising started back. It's time to make up lost time as quickly as possible.

I am currently listening to Dani Johnson's conference call from last Monday. I have been listening to Dani Johnson everyday up until just before I moved and I am trying to get back into that habit. Listening to Dani just helps me stay focused on my goals. This call I am currently listening to is very good.

This call is for especially for brand new people and those who are bringing on new people. Learn how to become the person that others want to follow and that others recommend. This call is an essential in Dani's training vault that you should listen to over and over again!

Topics Include:

9 things to help you focus on and build your business in a dynamic way

It's not about you, it's about...,

Who you should constantly be talking to in order to see amazing growth

What is the difference between a professional and an amateur?

How do you make your new prospects experience so profound that you have other people referring people to
you?

How 37 people made 11 times more money than 1000 people!!!

What are you afraid of and how that could be hindering you from success?

How to develop skills that will help you handle objections

What do you need to do EVERY DAY to build your business?

How to get people started and make money in the first 48 hours!

Speaking of Dani Johnson, this weekend is "First Steps to Success". I am looking forward to seeing Dani again. I am looking forward to another great weekend with friends like Stacy, Geneva and Josh Compton. I am not certain but I don't believe I have any personal team members or clients attending this "First Steps to Success". That is very unfortunate because I am seeing a direct correlation between the people who are making money on my team versus those that aren't doing as well. Those who are making money, bringing me 3 way calls, and building teams are those who have been plugged into DaniJohnson and her free training on her website as well as attended "First Steps to Success".

Monday, March 20, 2006

At my new home

"People with goals succeed because they know where they're going." Earl Nightingale

I am currently writing this from my new neighbor's house. I tell you I must have the world's best neighbor, Carmen. It still doesn't seem real; to think that I actually live here now. I haven't really unpacked a whole lot. I have my office in a functional state and will get started back advertising tomorrow. I will be increasing my advertising budget to $2,000 a month. I can remember when I started out with only $200 a month in advertising. I am now working full time and I am behind on my goals for the year. I was spending about $1,000 a month in advertising and ordering Coastal Premium Leads. To be honest with you $1,000 a month worth of advertising, using Dani Johnson's prospecting method just is not enough to keep you very busy. I am looking to double my advertising efforts and my profits.

Friday, March 17, 2006

Just about time to say goodbye

"It is our attitude at the beginning of a difficult task which, more than anything else, will affect it's successful outcome." William James

It's just about time to say goodbye. I am completely packed up, my car is loaded down and Carmen's Aztek is also. We are waiting on the movers they are suppose to be coming anytime between this afternoon and tomorrow afternoon. I am hoping it will be this afternoon. After I complete this blog post I will be disconnecting my internet service and returning my cable modem to the local cable company. Talk about a mix of emotions, I am excita littlettle scared, nervous, and ea littlettle sad. Tonight I will be seeing my Mama for the last time as a resident of North Carolina and tomorrow I will see my best friend Gary as well.

Wish me safe travels and I will make a blog post again as soon as I get settled in Michigan.

Almost all packed up

Every great leap forward in your life comes after you have made a clear decision of some kind. Brian Tracy

My house is nearly all packed up and my car is full. Carmen, is doing some last minute cleaning right now! It is late and we are tired. It is kind of sad to think in a couple of days I will leave my home of the past 4 years never to return. It's not like I am moving across the street or nothing; I am moving 900 miles away! I am going to miss being close to my family, going fishing and walking the Little River with Uncle Pat and Joe (my cousin). Obviously, if our relationship is going to last Carmen and I have to make sacrifices. This is one that I am glad to make for her. Even though, I know I will miss everyone and everything that I associate with my current home. I am excited about moving closer to Carmen. This will be the first time in our relationship that we aren't planning when we will be able to see each other again. I pray that God continues to grant us a very long life and a very long relationship together.

Moving has been hectic, I have basically stopped my advertising for this past week and I will be starting it back up when I get to Michigan. I am looking forward to getting back to business as soon as I get settled in next week. In fact, I am planning on doubling my advertising efforts. I am currently behind on my goals for the year. I have to take measures to adjust my work habits to catch up with my goals for myself. I can only thank God that I have a business such as Coastal which is mobile and flexible enough that I can operate it just about anywhere; not to mention I can work it around my schedule.

Sunday, March 12, 2006

Week ahead

"The difference between the impossible and the possible lies in a person's determination." Tommy Lasorda

I am sitting on my couch watching " There and Back " thinking about the week ahead. I have so many things to do in order to be ready to move this coming weekend. I have to get my taxes done tomorrow. I still have to get my health insurance changed, my car insurance changed, my mail forwarded, Cable cancelled, and my electricity turned off. Of course, the last two will be the last thing I do before leaving. Regardless, next week this time I will be completely packed up and headed to Michigan ( my new home ). I will be glad when I am finally there and moved.

My mp3 from last weeks "Prospect and Close Your Way to Millions" arrived in the mail today. For some reason it's not working correctly, so I will be sending an email or giving www.DaniJohnson.com a call to get that worked out. I have been listening to Dani a lot lately. I have heard her last call in the member's area dated March 6, 2005 at least two and a half times. That call is all about getting your team members and clients up and running as quickly as possible. In our business that is a big deal.

I love this show "There and Back". It's about Ashley Parker Angel. He is the guy from O Town the boy band that was featured in "Making the Band". Evidently O Town is no longer and he is struggling to make a name for himself as a solo artist with his own style. The show "There and Back" is a reality show that chronicles his attempts at a come back. I am not a big fan of music, but who can resist a good come back story. To make in all that much more interesting Ashley Parker Angel is struggling as a new dad, he is living with his girlfriend and her mom, and currently he is barely paying the bills. In one episode he even took a construction job to help make extra money. Talk about being on top of the world and then starting back at the bottom. That is exactly what Ashley Parker Angel is doing. I love this show mainly because I could see myself doing the exact same thing if I were to fall and my business were to fail, I would immediately start climbing the ladder of achievement to get back to were I once was. Until my next post...

Monday, March 06, 2006

Back from Prospect and Close Your Way to Millions

What a great seminar. This was a spectacular learning experience. Dani Johnson, is a remarkable trainer. Prospect and Close Your Way to Millions, was a seminar packed with techniques to help us to grow our business when talking to clients and prospects. This seminar was the most intense and informative when it comes to increasing skill in the area of prospecting. I was unbelievably honored to be there, I am confident that I will become more effective in my business specifically due to skills that I have learned this weekend.

I spent this weekend at Dani Johnson's Prospect and Close Your Way to Millions seminar with amazing leaders from the Coastal Wealthbuilders. I was in the presence of such impressive individuals such as Stacy O'Quinn from Mississippi, EJ Callanan from Califorina, and Greg Jakoby from Colorado. There were others from Coastal as well but I didn't know everyone. Chris from Wyoming was there, but to be honest I didn't recognize her when I saw her. Stacy, pointed her out but I felt bad for not recognizing her earlier.

The irony of this Dani Johnson event was that there were not more people from Coastal, Coastal Wealthbuilders, or my own team there. Stacy, had several of his team members there and that was awesome. His team will surely see growth specifically due their attendance at Prospect and Close Your Way to Millions. I sent an email out to my team today. I was saddened by the fact that none of them attended; what a disappointment? You always want to see your team grow and learn and I wish my team could have benefited from the leverage that we learned this weekend. I am fortunate to work with an amazing group of people that I call friends and team members. I know how badly many of them want to succeed and how impatient they are working towards success. I know that skills that were learned this weekend would have helped them reach their goals quicker.

Saturday, March 04, 2006

Prospect and Close Your Way to Millions

Prospect and Close Your Way to Millions, is Dani Johnson's newest training seminar. This is only her second one and it's held in Las Vegas, NV this weekend. I have made plans to go. I am very serious about taking my business to the next level. The name of the game is always leverage. The sooner I can increase my skill the quicker I can build my business. This directly affects the leverage used to big my business in the next 6 to 12 months and ultimately how much money I will earn. Attending events like Prospect and Close Your Way to Millions and increasing skill in your home based business is very similar to putting money in the bank with compound interest. If I deposit money in an interest bearing account much like Paypal's, several things will affect how much money I have in the account at the time of withdrawal. How long the money is in the account and the interest earned on the account are two of the biggest factors determining how much that money will grow.

I have started my Coastal business, so therefore that is the same as making the deposit into the account. My Coastal business is absolutely an interest bearing account. $1,295 invest just over 18 months ago has returned just over $103,000 to date. So the only way my money can grow any faster in an interest bearing account is for the interest on the account to increase. The equivalent of this in my Coastal business is to increase my skill. When I increase my skill I am more effective at talking to people and thus more effective at building a team and a client base. I will become more effective at developing leaders, all of this will have a direct impact on making my business money. Therefore, I am actively making sacrifices to attend as many of Dani Johnson's events as I can so that I can increase my skill as quickly as possible. Prospect and Close Your Way to Millions, is a 12 hour event on Sunday. I will actually spend more time traveling than actually watching and learning from Dani. The skill that I will learn is worth the trip. I will be leaving tonight at 8:45 pm and arriving in Las Vegas at 11:45 pm. The Prospect and Close Your Way to Millions seminar runs from tomorrow at 8:00 am to 8:00 pm. My flight leaves Vegas tomorrow night at 10:45 pm and I get back in at 6:45 am on Monday morning.

I will post when I get back in town. I hope you have a great weekend!

Friday, March 03, 2006

Another young millionaire getting started

Geneva Compton from Louisiana, just had a great month in her business. Geneva's best month in business was the month of February. In her Coastal Vacations business Geneva earned $30,000 profit in February. A big congratulations goes out to her. She has worked consistently in her business averaging no more than about 4 hours of work per day. Geneva, says that she loves this business. At 26 years old she is a successful business woman, happy mother, and wife to her husband Josh. In what other business could Geneva enjoy the freedom to schedule her business around her life? Her and her husband Josh are just about completely debt free thanks to their Coastal Vacations business. When speaking with Geneva on the phone you will quickly notice that she is a mother first and foremost often scolding her kids or laughing with them as they play together. Thanks to her business, her children will have college paid for. Her children will get to enjoy growing up with their mother and soon their father both at home instead of spending hours away at a "job".

Way to go Geneva, for such a great month in your Coastal Vacations business. I am fortunate to call you a friend, mentor, and business associate. Geneva, we will be watching and celebrating with you and Josh at every step of your business successes. Geneva, is quick to give credit for her success to our support group the Coastal Wealthbuilders and www.DaniJohnson.com.

Wednesday, March 01, 2006

Month in review

This month has been slow with Coastal Vacations. I have only earned $7,000 after the cost of goods. In order to reach my goal of earning $250,000 after cost of goods in 2006. I have to average a monthly income of $20,834.00. That would be a two month total of $41,668.00. Last month was great with a total of $26,410 but this month total of $7,000 leaves me with $33,410. That is $8,258 short of where I should be. That is OK ,though Cutting Edge Media somehow got behind on my leads earlier in the month but, they are rapidly catching up so I am expecting to have a huge month in March. I am going to aim for $30,000 in the month of March. If I don't hit that goal, then I will do some serious adjusting to my current plan of action.