Entries Tagged as 'Wealth Coach Diaries'

Credit Crunch Blues - How To Survive & Thrive

It’s a plain fact that not everybody suffers in a credit crunch or downturn, there is often more money to be made;  while others wail and gnash their teeth, some just take responsibility for their own success and get on with becoming rich.

Wealth Coach Nicola Cairncross releases The Money Gym Listmania guide to surviving & thriving in a Credit Crunch.  View your copy here >>>

If you want to find out more about how it came about, Wikipedia describes a credit crunch thus…..

“A credit crunch is a sudden reduction in the availability of loans (or “credit“) or a sudden increase in the cost of obtaining a loan from the banks. There are a number of reasons why banks may suddenly increase the costs of borrowing or make borrowing more difficult. This may be due to an anticipated decline in value of the collateral used by the banks when issuing loans, or even an increased perception of risk regarding the solvency of other banks within the banking system. It may be due to a change in monetary conditions (for example, where the central bank suddenly and unexpectedly raises interest rates or reserve requirements) or even may be due to the central government imposing direct credit controls or instructing the banks not to engage in further lending activity…..”  READ MORE HERE >>>


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Twitter Updates for 2008-07-22

  • revamped website converting unique visitors to front end sales at the rate of $342 per 1000. If this was $34 ebooks that would be 1%… #
  • So, time to turn adwords on again, as Analytics now working fine, goals set up….monitor …then learn to use Google Optimiser - eeek! #
  • Visitor value on back end much higher, due to workshops, 1:2:1 coaching, affiliate commission, but self-funded marketing the holy grail eh? #
  • watching ad campaign like a hawk, have good relevancy, split testing ads and destinations…nearing the 150 visitors mark….sale imminent? #

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Twitter Updates for 2008-07-20

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Twitter Updates for 2008-07-19

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Twitter Updates for 2008-07-18

  • upgrading my wordpress blog - it’s gettin easier to use but still buggy! #
  • Loving the new look of the website http://www.themoneygym.com and the blog - so crisp and clean looking! #
  • @robocallaghan - hi! how are you? what do you mean? I’ve been uploading new reports like a virally spirally madwomen…..LOL #
  • @garyvee - you are so RETRO…I remember Billy Joel when he released Uptown Girl first time round…I know, I know…I’m wearing well #

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Wealth Coach Diaries: Nicola’s Week

MYTHS

mortgage Wealth Coach Diaries: Nicolas WeekCheck out the property report above from Peter Stanley which explodes some of the myths going round about property at the moment. I think I’m going to print it off and just hand it out at dinner parties when people start to talk to me about property.

I’ll just say “are you an investor then? No? Oh, well you might like to read what an ex-business bank manager and now owner of 30 plus investment properties has to say about it all. Chablis? Lovely!”

MY VIRAL SPIRAL

I’m really getting into the MyViralSpiral system having been on the Freedom weekend, talked to Steve - the expert now - and read the massive manual about five times. Talk about slow learner, which I’m not usually, but this is testing my non-detail orientated brain big time! I can see the prize though and that’s wonderfully motivating.

The principle of the system is that you create a load of free, good value reports (or use thenew_cool_box2 Wealth Coach Diaries: Nicolas Week ones supplied) and in those reports, are links to what is known as “back end products” which can be yours (if you have one) or someone else’s (for example a relevent and related product you have found on Clickbank or Paydotcom).

Those free reports are like lots of little fishing nets out on the web, and attract a zazillion potential future customers (PFCs) into one autoresponders system, which then follows up your PFCs over a period of time.

You can have unlimited reports, unlimited follow up, and unlimited backend product recommendations.

Genius bit #1

When your PFC downloads their free report, they are offered the chance to give it away from their own website or ezine, and build their own mailing list, completely free of charge, via the system. This is very attractive to people just starting out in internet marketing.

Genius bit #2

The even more genius bit of it is, that when your PFC downloads the second report, they are double opted in to your main mailing list, if you have one, and when they download the third report, they are double opted in to the mailing list of the person above you (the person who introduced you to the Viral Spiral system).

That’s it, after that they can download unlimited free reports with no more opt in.

So…..they are building their list, and every second download they are building their external list, and every third download they are building your external mailing list.

EVEN BETTER…..they get the chance to rebrand the reports so that they earn the commission from the back end products rather than you, when they give them away from their site, via a simple online rebranding process.

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4 Deadly Myths About Property

peterstanley 4 Deadly Myths About Property

Peter Stanley, ex Business Bank Manager, professional property investor, author and great friend of The Money Gym, has written a great report that puts some perspective on the property market which by all media reports is “crashing and burning” at the moment (July 2008). We had a long chat after I read it, and he has given me permission to share it with you.

Peter says: “Regular readers will know how much I dislike media reports on the property market, as they’re often based on a single piece of data, or an opinion that’s passed off as fact, when most articles closely resemble works of fiction.

You only need to watch the evening news to realise that good news is in short supply, not because good things don’t happen, but because bad news sells. Sad but true. If you don’t believe me, next time you’re listening to the news, make a note of every good story - you won’t need a big piece of paper !

So, for anyone who’d like to know what’s really happening out there, here’s the most common myths;

Houses aren’t selling / people aren’t buying

Whilst there was a lull for a couple of months, houses are selling again.

That isn’t an opinion, but fact.

As you can imagine, I get to speak to a lot of estate agents and watch a lot of houses, waiting for the sellers expectations to reach mine and I’m seeing more and more houses bought between those times.

In fact, I was surprised recently (and not much surprises me these days) when I overheard a conversation between two estate agents about their sales figures. One of them had sold seven houses in ten days, which would be a good result in any market - perhaps someone should tell the Daily Mail & The Express.

It gets better though, as seven sales was for one of the estate agents in the office, not the whole office, so even if the rest of the staff had only sold another three houses, that’s a house sale a day !

No-one can get a mortgage

Whilst mortgages are harder to get than they were, there are still mortgages to be had.

If you haven’t got a deposit, or have a poor credit record, then you’re likely to struggle, but this is a knee jerk reaction to the Banks’ over eager lending policy of recent years.

I recently went to see a house where the owner was about to get repossessed, to talk about a deal……

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Twitter Updates for 2008-07-17

  • waiting to speak to my last internet mentoring client of the day - great fun today! #

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Twitter Updates for 2008-07-16

  • Focus for Wednesday: ViralSpiral Mastermind call, Podcast last nights webinar, Money Gym Gold Webinar, then more autoresponder setup #
  • Head exploding from viral marketing stuff…$7 scripts was a step too far. Loving Supertips though http://viralurl.com/moneygym/supertips #

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Money Gym Interviews: Daniel Wagner

Wealth Creation expert Nicola Cairncross, founder of www.TheMoneyGym.com, interviews Internet Marketing expert, Daniel Wagner, prior to his forthcoming workshop for The Money Gym, on how real world business needs to harness the power of the internet to make sure they are recession proof in these turbulent times. They discover a mutual music industry background and a mutual mentor in Vanish Patel!


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