http://NicolaCairncross.com - Author, speaker, entrepreneur & internet marketer Nicola Cairncross shares the secrets of becoming a millionaire in just five years. There's the hard ways and the easy way....
2009 - How To Become A Millionaire In Just 5 Years
1. An Introduction To Wealth Creation How To Definitely Positively Become A Millionaire In Five Years (Or Less!)
2. Today I’m Going To Cover My Story (Briefly!) The “Perfect Storm Of Success” How To Become A Millionaire In 5 Years The 4 Lanes Of The Wealth Highway My “Secret Weapon” Business System How You Can Get One Too!
30. Because VISA Int’l Say So? Because Pampers iVillageSay So? “Official Wealth Coach In Residence”
31. Because 5 x “New York Times” Best Selling Author Robert G. Allen Says So?
32. Or because I bought a half million pound hotel “no money down” and renovated it in 6 weeks flat? Created Sussex’s first “boutique hotel” Or because I managed to write a book and get it on Amazon when I had to pay to enter my English “O” Level?
33. My Secret Weapon # 1 The Ability To Chunk Big Vague Wealth Creation Concepts Down Into Practical Step By Step Plans For You To Follow
43. “One year ago I had just opened a small training venue in central London, ran two other small holistic businesses and was struggling to find clients. Now, thanks to Nicola, I am swamped with room bookings and my two other businesses are flourishing like never before. I have also learnt huge amounts from her in terms of internet marketing and property investment. I have quadrupled my income and bought a house! What an amazing woman!"
44. So…Do You Want To Know….? How You Can Become A Millionaire In Five Years Or Less? Well, there’s something else you need to know about first……
45. The “Perfect Storm” Of Success “A "perfect storm" is an event where a rare combination of circumstances will aggravate a situation drastically and cause a situation that couldn’t ever have occurred without that rare combination of circumstances” Wikipedia
46. The “Perfect Storm” Of Success Is What Makes The Difference Between…. Never even getting started… Starting but giving up…. Flitting from pillar to post… Getting some results but not enough….. The Difference Between Successful People& Everyone Else (and how you can do it too!)
47. Perfect Storm - Element #1 Feeling The Pain Financial Boredom Unfulfilled Potential The Swivel Factor A Life Changing Moment
49. Element #3 / 1The Right Opportunity Are You Still Turning Over Stones Looking? There is NO perfect opportunity The best opportunity is always under your nose Just pick one and get on with it!
55. Now You Know What It Takes To Be Successful NOW Would You Like To Know How You Can Definitely, Positively, Become A Millionaire In Five Years ………Or Less?
56. Definition Of A Millionaire: Someone who can add up all their assets, take away all their liabilities (debt) and still have a million in assets left over. It’s Not About Having A Million In The Bank!
57. The Best Reason To Set The Goal To Become A Millionaire “Because of the things you will do, the skills you will learn & the people you will meet along the way” Mike Litman“Conversations With Millionaires”
58. Becoming A Millionaire In Just Five Years Via The 4 Lanes Of The Wealth Super Highway Business Property The Stockmarket The Internet Two Are Faster & Easier!
59. Lane # 1 - The Stockmarket Invest for long term and draw dividends 1 million in five years = 400k per year before tax Assuming dividend payments at 10% You would need 4 million invested Learn to trade (buy/sell) or spread bet Need a big pot of money to be allowed to start Very skilled & need to follow a system rigidly High tolerance to emotional rollercoaster
60. Lane #2 – Property (Method 1) Rental profit in UK - £100 - £200 profit pcm 100 per month = 1200 per year To make 1 million in 5 years / 200k per year Taking 50% tax into account = 400k per year You need 333 rental properties Need to buy 66 per year Better get started! The tax on rental profit is a killer!
61. Lane # 2 – Property (Method 2) In the UK and USA, since records began, property has doubled in value every 7-10 years Talk to older people who have owned property & do the sums yourself (bought / sold) That’s been my experience too, even during 1970’s & last “crash” in the 90’s Who knows what’s going to happen next? Assuming above holds true, if you owned 4 million It would appreciate in value by 1 million in 5 years Tax Free - but can you get the money out?!!!
63. How To Make A Million In Business In 5 Years 1 million in 5 years = 200k per year Business needs to be able to pay you out of it’s profits (200k per year) Before tax @ 50%, it actually needs to pay you 2 million over five years (400k per year) If business needs to do that out of say 10% of it’s profits, it needs to be making 4 million profit per year If your business has 50% profit margin, it’s turnover will have to be 8 million per year
64. How To Make A Million In Business In 5 Years To turn over 8 million per year….40 million in 5 years Lead product @ 10, sell 800,000 million per year Lead product @ 100 sell 80,000 per year (219 sales / customers per day, 1538 per week / 79,935 per year, 399,675 in 5 years ) However, if your lead product costs 10 and your upsell product costs 100 AND you have other products to sell them, all totalling 1000, & it takes you 5 years to do that, the lifetime of a customer is five years, and the lifetime value of a customer is 1000… You need to sell to 40,000 customers within 5 years
65. Does That Sound A Bit Like Hard Work? There Is Another Way…..
66. Business - Method # 2 To make a million in 5 years from your business Build a business that you can sell for 2 million You get to keep 50% after tax Business usually valued at multiples of profit depending on the market So to sell for 2 million, at a multiple of 10 times profits Profits need to be 200k per annum If running at 50% profit margin, turnover = 400k Assuming a product at 100, have to sell x 4000 p/a
67. Who Really Knows How To Start & Run A Business? “Leaders Are Readers” Tim Sanders (Love Is The Killer App)
68. The Only Five Questions You Need Who Is Your Ideal Customer? Where Are You Going To Find Them? What Product Are You Going To Sell Them First? How Much Will You Charge Them For It? How Will You Convince Them To Buy It?
69. Traditional Business IS Hard Work! Traditional business is like going in circles Because it costs so much to sell anything, try & sell most expensive product first Always spending more to get new customers Big disappointments & vulnerable to market forces
70. Online Business Is Not! Fill your marketing funnel (mailing list) with free prospects Use automated email marketing to turn them into low cost customers Use automated email marketing to turn them into repeat customers Your top end clients will self-select to buy The whole process is simple, easy to duplicate, automated & GLOBAL
71. Before I Show You How To Make A Million In 5 Years From Lane # 4 Let Me Ask You A Question….. Do You Really Need A Million? What Do YOU Need Per Month…To Be Financially Free? 2,000 / 5,000 / 10,000? Write It Down Now
72. Lane #4 - The Internet “He Who Has The Biggest Mailing List When He Dies…………WINS!” Guy Levine
81. Lane #4 - The Internet FORGET selling ebooks! Our front end ebook sales pay for our marketing Most business marketing is an overhead Every front end sale is bundled with free trial of our membership site Each front end ebook sale worth £70 over 6 months “She Who Has The Biggest Membership When She Dies……WINS!” Nicola Cairncross
91. Than there are people ALIVE right now in the ENTIRE United States of America…
92. There Are Over1 Billion People On Broadband Globally Now Infonetic Research, March 2008
93. Stand Out In The Crowd By Having A Strong Brand Be very, very visible online – let people know who you are, what you stand for, what you do AND what you can do for them!
94. How Realistic Is It To Think About 8,333 People Joining Your Business Membership?
95. Who’s A Member Of … Europe’s Biggest Business Networking Membership Club?
108. So…The Four Lanes Of The Wealth Highway Consider The Effort Consider The Speed Two Exciting Possibles Business Internet Let’s combine the two! The two FASTEST! Let’s make money fast, then invest in property & the stockmarket later
109. Now We Know We Can Combine The Might Of The Internet With The Speed Of Business? What If You Could Do That For YOU And/Or Your Business? Can I Share A Wealth Creation Business System With You Today…… That Could Quite Literally Change Your Life…..Like it’s changed mine!
110. The Business Success Factory– A 7 Step Process To Marketing Any Business Online
114. 12 From only having free members, I have picked up more alternative therapy Mentoring clients From the UK - IT Consultant for Silver Surfers, celebrity Personal Trainer, Direct Marketer. New Zealand - Nutritonist, from Australia - GlidingGuru.com, Marketing Consultant. From the Czech Republic, GreaterPeople.com I have almost finished my first ebook which is a major personal milestone. I am finding the whole process fascinating, and I just know the free & paid Membership will rocket over time! Alexis Garnault Miller, ThePracticeBuildingExperts.com
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116. “I let my site sit dormant for a year or so, gathering free members via a free giveaway and low cost ebook, I’ve just come back to it and launched my paid membership level. I’m achieving recurring monthly revenues of £800 pcm ($1328) and I expect this to rise considerably during 2010 to over £30,000 ($49,800) with just over 100 members paying just £19 / $32 pcm” Judith Morgan, JudithMorgan.com
117. My Latest Mentoring Client – Billy Schwer World, European, & Commonwealth Lightweight Champion Boxer Fought the World Title x 3 Times & LOST but didn’t EVER give up Fought again & WON (but ended up in hospital) Motivational Speaker New “MentalBoxing” Programme
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119. Step By Step Videos – Case Study: Champion Boxer “Billy Schwer” We Will Walk You Through How To Build A Strong Brand For You Or Your Business Online & How To Monetise That Business From Squeeze Page Right Up To Membership Site Value = € 35,000
135. Email in your progress report & plans for next month
136. Nicola & Team review & make suggestionsValue = €6,600 per year
137. Our 100% Money Back Guarantee I want YOU to become the superstar you have the potential to become… If you join my mentoring programme today, and take action on every part of it, and do everything I recommend, with the support of me and my team, if….. In One Year, You Have Not Made Back More Than You Have Invested In The Programme AND MORE!I will give you your money back NO QUESTIONS ASKED!! BUT You Have To Actually Do It!
139. Entrepreneur World Cup ** Special Bonuses ** 1st 20 People Only Total Value Of Mentoring Programme €70,791 1 x Signed Copy Of “The Money Gym” €27.68 1 x Full Audio Recordings “The Money Gym” €27.68 1 x Year Money Gym Silver Level €365 1 x Membership Club Magic Video Tuition Course €2186 Total Value Of Bonuses Today €2,606 Total Value Of Offer Today €73,397
140. Now The Only QuestionI Have For You Is…. What Will YOUR Business Look Like Online? And How Quickly Will YOUR Business Attract 8,333 Members?