Groan.  I know some of you don’t really care for the whole reading thing, but make a point of reading what is below this introduction.

If you want to succeed and exceed the success of your peers, you need to learn something new everyday.  I am not talking about a large amount of time to invest, rather just be consistent.  Learning can also include listening to a book on tape, attending a seminar, or just reading a book.

Spending time each day learning may not seem to mean a lot but consider this: the days add up in a year.  For example consider that Jack and Jane are friends.  The difference between them is Jane spends time each day (about twenty …

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If you are a novice real estate investor, or an expert, there will come a time when your feelings get in the way of your logic.  You may fall in love with the yard, love the paint, or like the view of a certain property.  When you get these feelings you need to

STOP!

Investing in income properties needs to be a mechanical process.  You should consult and analyze the numbers to determine if a property is worth investing in.  Also use some common sense and do some research on the area you are going to invest your money.

If you do let feelings make your decisions, you may find yourself purchasing income properties that don’t perform well, or …

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Like many landlords, you are often faced with the predicament over raising the rent (because the market can support it) and losing some of your good tenants.

A good example is the rental market in Saskatoon at the moment.  Housing here has been a hot commodity over the last few years and there have been a lot of condo conversions resulting in a shortage of rental properties.

A certain rental community in our city named McNab park is a good example.  The majority of the tenants in this community are lower income families, with the average income just over half of the city of Saskatoon average.  Basically for these people, any major rental rate increase will drive some of them …

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Now, when I hear the word diversify, I think mutual funds.  I don’t know if there is any other word used so much as diversify in their industry.  Diversification is a result of the old saying: “Don’t put all your eggs in one basket.”  Now, where might you ask, does diversification fit into business opportunities.

Diversifying your portfolio of businesses, income properties, and websites helps you in a few ways.  Some examples are:

1. Protection from changing trends

   If all your rental properties are located in a town whose workforce depends on a particular industry (for example lumber) and suddenly the demand for that product drops, people may lose jobs and move out of the area.  This recently happened to a friend in …

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I recently was hanging out in a forum online where I came across an offer for complete websites – domain name, hosting, promotion, and updates with fresh content for $5 per site per year.

What really gets me excited is this:

I have to earn less than two cents per day to break even

Except for the Internet, I don’t believe anywhere else in the world there is the opportunity to have a complete business for two cents per day.  Chance are that there should be no problem earning two cents per day. 

If you look at it from the other perspective – how much could I reasonably make in a month – that is where I get …

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Sitting here tonight I realize one thing:  I am not getting enough done in a day.  The reason:  no focus.

If you feel the same, you are not alone.  I find one of the most challenging thing being an entrepreneur, you need to set targets or goals for your day and work towards them.  Unlike a traditional job where someone gives you some tasks to do, you are on your own.

If you look at my past few days, you will see I have been a whirlwind of activity:  creating content for websites, blog posting, contributing to forums, looking at investment properties, looking at websites to invest in, marketing, etc.  If I would have had defined tasks or goals to …

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With all the new televisions on the market such as LCD and plasma, consumers are now in the dark on has to hook up and operate their television.  No longer can they just hook up their rabbit ears and watch TV, those simple days are gone.

This lack of knowledge creates a great opportunity for entrepreneurs to install these new televisions in people’s homes.  Installing these televisions in customers homes is also a great opportunity for selling additional accessories that would go with their new tv.  Such items as component and HDMI video cables, surge protectors, UPS (uninterruptible power supplies), and wall mounts are items that are usually required when installing the television in a home.  If they do not …

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If you haven?t ever had a chance to shop in a Costco Wholesale warehouse, take the time to check them out. They are a large membership based retailer with over 500 warehouses. They sell food, furniture, appliances, sheds, trailers, hot tubs, etc. For a lot of these big items, members (customers) put them on a cart and pull them through the till. Most of the larger items sold at Costco require a truck to take home and some customers don?t have one. They need the item delivered ? and Costco does not provide that service.

That is where you step in.

Providing a delivery service to the customers of a company with $50 billion dollars in sales …

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If you are like me, married with kids, you know that going out sometimes can be a chore. It is not like the ?old? days where you just got up and went out. Now, before you go out, you have to consider how long you are going out and who you are going to get to watch your kids. This means that you are less likely to ever go out on the spur of a moment, and will reduce the number of times that you go out.

As a business owner, the less people that come to your business and use your services, the less money you make. If you want to attract a larger …

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