How to Turn a Financial Crisis into Financial Abundance
- by Tony Mase
© Tony Mase - All Rights Reserved
=======================================================
Not long ago, I received the following question from one of
my newsletter subscribers:
"I am facing a financial crisis. I have big issues with
money. It is disturbing my mental health and I am not able
to focus on my daily life."
"My wife is also panicking and we are constantly fighting.
She is having a huge anxiety attack on a daily basis."
"Everything is falling apart. Please help. What should I
do?"
Here's my advice...
First, stop thinking and talking about your "financial
crisis". Really! The more you think about it and the more
you talk about it, the "worse" it's going to get.
Instead, form a clear and definite "vision" of *exactly*
what you want your life to look like, financially and
otherwise. If it's a "joint vision" you can both agree upon,
so much the better. Then, focus your thoughts and speech
there from that point on. Again, if you're *both* doing
this, so much the better.
Second, treat your personal finances like a business. When a
business faces a "financial crisis", they essentially have
two choices. One, increase revenue (income). Two, decrease
expenses (outgo). Usually they choose some combination of
the two. What they don't do, if they want to stay in
business anyway, is sit around talking about their
"financial crisis". They *DO* something about it!
There are all sorts of ways to make extra money fast if
you'll but look for them (you won't "see" them if you're
not) and just be eliminating all the financial "waste" in
your life, odds are, if you're anything like most folks, you
can significantly improve your financial situation without
having to "sacrifice" your current lifestyle.
Warning! It's imperative you act from a position of creating
financial abundance, *not* from a position of financial lack
or scarcity.
Third, have faith. Faith you not only can and will realize
your "vision" of what you want, but you *ARE* realizing it
*NOW*.
However, I need to warn you, because this is where most
folks "drop the ball", as it says in the Book of James:
Faith without works is dead!
All the faith in the world without *action* to back it up
will do little, if anything, to improve your financial
situation.
Here's the bottom line...
Whatever you focus on tends to expand in your life.
If your thoughts and actions are focused on "financial
crisis", that's *exactly* what you'll have in your life...
"financial crisis".
Whereas, on the other hand...
If your thoughts and actions are focused on financial
abundance, that's *exactly* what you'll have in your life...
financial abundance.
The choice is yours...
Make it a good one! :-)
-----Click Here For More Information
Tony Mase is a serious student of the works of Wallace D.
Wattles and the publisher of an incredible ebook that will
teach you *exactly* how to get rich, be healthy, and become
successful...
Tools,ideas and business books summaries to help you achieve all of your goals
Showing posts with label Finance. Show all posts
Showing posts with label Finance. Show all posts
How To Successfully Get Into Business By Buying A Good Business - With Almost No Money Down

Did you know that now may be the easiest time ever to create exactly what you want? Why? Because the economy seems to be spinning out of control, and baby-boomers are at a particular stage in their lives. Let me explain…
Most people don’t know this but the fact is that you can achieve financial and time freedom easier, faster and safer by buying rather than starting a business.
There are two things that you should be aware of if you wish to financially liberate yourself and your family practically, fast, effectively, powerfully and safely - with almost no money down…
Fact #1: Did you know that your fastest, safest, and possibly easiest vehicle to securing your financial and time freedom is, paradoxically, buying a business? It is not, for most people, starting a business. It is not saving. It is not investing in real estate or shares. And it is not working hard at your job. All these things have their place in life, and I am not saying that you should not consider or participate in them. By all means, they are good and have their place. But recognize what their place is. So why is this fact so? Hang on a minute please. Let us look at fact number two first.
Fact #2: Did you also know that this is the best time, in the history of the world, to buy a business? Why?
Allow me to explain both positions.
First of all, why is buying a business better, in many ways, than starting one?
Well, the advantages of buying over starting are that:
- Purchase price/terms are negotiable and can be fixed. When you are buying a business of any size, you get a ready, running package that you can see and touch, that is operational, and you can negotiate the terms and know upfront how much it will take to get into it. Starting, on the other hand, is not so predictable, and things often don’t go according to plan.
- Funding options widen when you are buying. Whereas it is difficult to get bank loans and investors for new start ups that are just an idea, it is relatively easy to get bank loans and investors for businesses that are already running and have customers, suppliers, products and so on, all already manifest and provable.
- Cash flow from day one. When you buy, you are buying a ready package with cash flow. And cash flow is like blood to a business. You cannot do without it.
- Less risky. Again, from the fact that the business is already running and proven. Whereas 75% of start-ups fail within the first 5 years, 75% of franchises, for example, succeed. Businesses that are already operational are somewhat like franchises. The tables are turned. Sure, you get more flexibility with a start-up, but you get more surety with a business that is already running.
- You can flip it soon after buying. Just like a house, you buy, renovate it, and sell it at a higher price.
- Best of all, you can buy it for almost no money down. How? Just a minute, we will get into that shortly.
Second question. Why is this the best time, in the history of the world, to buy a business?
Because of two factors:
- A once-in-a-lifetime global asset fire sale. Because of the state of the financial world right now, almost all assets are cheaper. Way cheaper. So now you can negotiate a very good price whereby you build profit into the purchase price.
- A once-in a lifetime baby-boomer generation's business sale. Many people are approaching retirement and wish to offload their business. These are the baby-boomer generation. They were the first major group to get into the start up business movement. And now they wish to sell. For all sorts of reasons. Some are just tired and just wish to get rid of it and will give you great terms on their businesses. Some did not organize their business well enough and cannot compete without making the kind of changes (such as technology) that you may be able to make. Some just want to realize their retirement. Whatever the reason, today there are more businesses for sale than there are buyers of businesses. It is a buyers market.
This brings us to the best part. How can you possibly buy a business for no money down? Well, because of the global financial state, the over-supply of businesses for sale (even on eBay only, you will find tons, everything from small websites to large concerns), and the fact that baby-boomers desperately want to sell, you can easily get seller financing. Here is one way you can get a business for almost no money down. You simply let the owner understand that you will be able to pay them using the revenues of the business. So in effect, you will buy their business. But instead of paying cash for it, the owner will keep title of various assets in the business, and maybe even title to your car or other assets. As security. And then over the course of the year, you will pay them an agreed sum monthly, until the full price is paid, and then the title to the assets will revert to you. If you fail to pay, the owner gets back the business. But if you do your homework well, and arrange the deal well, you will easily get the money to pay the owner from the very business you bought. This sounds unbelievable, but veterans in business know that in many areas and industries about 70% of businesses are bought and sold this way. You can do this. I will show you how here: http://www.revolutionscape.com
Subscribe to:
Posts (Atom)