Recommended additions to the book list.

I got this recommended reading for those in the Freedom Fast Track from their website:



Killing Sacred Cows Garrett B. Gunderson. Killing Sacred Cows boldly exposes myths, fallacies, and misguided traditions about the world of personal finance and presents a revolutionary perspective on prosperity destined to shake up an industry and create unprecedented opportunity and wealth for mission-driven individuals.



Good to Great Jim Collins. Explore what goes into a company's transformation from mediocre to excellent. Based on hard evidence and volumes of data, the book author (Jim Collins) and his team uncover timeless principles on how the good-to-great companies like Abbott, Circuit City, Fannie Mae, Gillette, Kimberly-Clark, Kroger, Nucor, Philip Morris, Pitney Bowes, Walgreens, and Wells Fargo produced sustained great results and achieved enduring greatness, evolving into companies that were indeed ‘Built to Last'.


The 7 Habits of Highly Effective People Stephen R. Covey. Stephen R. Covey's book, The 7 Habits of Highly Effective People, has been a top-seller for the simple reason that it ignores trends and pop psychology for proven principles of fairness, integrity, honesty, and human dignity. Celebrating its fifteenth year of helping people solve personal and professional problems, this special anniversary edition includes a new foreword and afterword written by Covey exploring the question of whether the 7 Habits are still relevant and answering some of the most common questions he has received over the past 15 years.


As A Man Thinketh James Allen. As a Man Thinketh is a literary work of James Allen, published in 1902. The title is influenced by a verse in the Bible from the book of Proverbs chapter 23 verse 7, “As a man thinketh in his heart, so he is.”

The Dog Poop Initiative Kirk A. Weisler. A true story of scoopers and poopers, Of pointers and heroes. Of those who score real goals, And those who score zeroes.
Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics Henry Hazlitt. Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics.


The Jackrabbit Factor: Why You Can (Paperback) Leslie Householder. "The story that will inspire you to dream bigger than ever. Richard is at the end of his financial rope and disappears into the woods behind his home. Where has he gone, and what is required of Felicity before she can find him? Unlock with Richard the secret behind the voice of inspiration and find out for yourself how truly dependable and ingenious your own inner voice can be."


The Law Frederic Bastiat. No work before or since has made such a compelling case for freedom. Bastiat's message will influence students of liberty for years to come.


The Laws of Lifetime Growth: Always Make Your Future Bigger Than Your Past (Hardcover) Dan Sullivan & Catherine Nomura. There are some who believe that they've already gone as far as they can go. Then, there are some who find the question inspiring, but feel they lack confidence or direction. Still, there are some who answer, "The sky's the limit!", but question how they're ever going to get there by lateral moves. No matter where you are in life: There's always room to grow. The Laws of Lifetime Growth offers remarkable, instantly usable insights, changing the way you think, and empowering you to take command of your future.

Leap Robert Castiglione. Bob Castiglione is a pioneer in applying the principles of economics to personal finance. His LEAP program is a unique and coordinated approach to building and protecting wealth.

Man's Search for Meaning Viktor E. Frankl. Frankl's timeless memoir and meditation on finding meaning in the midst of suffering With a new Foreword by Harold S. Kushner and a new Biographical Afterword by William J. Winslade Psychiatrist Viktor Frankl's memoir has riveted generations of readers with its descriptions of life in Nazi death camps and its lessons for spiritual survival. Between 1942 and 1945 Frankl labored in four different camps, including Auschwitz, while his parents, brother, and pregnant wife perished. Based on his own experience and the experiences of others he treated later in his practice, Frankl argues that we cannot avoid suffering but we can choose how to cope with it, find meaning in it, and move forward with renewed purpose. Frankl's theory-known as logotherapy, from the Greek word logos ("meaning")-holds that our primary drive in life is not pleasure, as Freud maintained, but the discovery and pursuit of what we personally find meaningful. At the time of Frankl's death in 1997, Man's Search for Meaning had sold more than 10 million copies in twenty-four languages. A 1991 reader survey for the Library of Congress that asked readers to name a "book that made a difference in your life" found Man's Search for Meaning among the ten most influential books in America. Beacon Press, the original English-language publisher of Man's Search for Meaning, is issuing this new paperback edition with a new Foreword, biographical Afterword, jacket, price, and classroom materials to reach new generations of readers.


The Master-Key to Riches (Paperback) Napoleon Hill. Based on the Andrew Carnegie formula for money-making, THE MASTER-KEY TO RICHES describes in step-by-step detail today's greatest practical philosophy of success....This amazing philosophy, culled from the success experiences of hundreds of the world's most powerful and wealthy men, will show you how to succeed in any walk of life.

The Monk Who Sold His Ferrari: A Fable About Fulfilling Your Dreams & Reaching Your Destiny (Paperback) Robin S. Sharma. Everyone loves a good fable, and this is certainly one. The protagonist is Julian Mantle, a high-profile attorney with a whacked-out schedule and a shameful set of spiritual priorities. Of course it takes a crisis (heart attack) to give Mantle pause. And pause he does--suddenly selling all his beloved possessions to trek India in pursuit of a meaningful existence. The Himalayan gurus along the way give simple advice, such as, "What lies behind you and what lies before you is nothing compared to what lies within you." Yet it is easy to forgive the story's simplicity because each kernel of wisdom is framed to address the persistent angst of Western white-collar professionals.

The Proper Role of Government Ezra Taft Benson. In a few pages, Benson is able to summarize what all of us know instinctually, but sometimes have a hard time explaining in the face of current moral non-absolutes in the political world.

The Prosperity Paradigm Steve D'Annunzio. We never see the way it is, we see the world the way we are. People have unknowingly been programmed with a series of fear-based beliefs that greatly influence how they see the world, and therefore what they can achieve in the world. The Prosperity Paradigm will help you clean the lens of your inner eye, so you can more clearly see the already existing opportunities in a new way.

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! (Paperback) Robert T. Kiyosaki. Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed.

The Road Less Traveled M. Scott Peck. By melding love, science, and religion into a primer on personal growth, M. Scott Peck launched his highly successful writing and lecturing career with this book. Even to this day, Peck remains at the forefront of spiritual psychology as a result of The Road Less Traveled. In the era of I'm OK, You're OK, Peck was courageous enough to suggest that "life is difficult" and personal growth is a "complex, arduous and lifelong task." His willingness to expose his own life stories as well as to share the intimate stories of his anonymous therapy clients creates a compelling and heartfelt narrative.

The Science of Getting Rich: Attracting Financial Success through Creative Thought (Paperback) Wallace D. Wattles. In his bestselling book, Wallace D. Wattles explains that “universal mind” underlies and permeates all creation. Through the process of visualization we can engage the law of attraction--impressing our thoughts upon “formless substance” and bringing the desired object or circumstances into material form. The author emphasizes the critical importance of attitude: only by aligning ourselves with the positive forces of natural law can we gain unlimited access to the creative mind and its abundant rewards.


The Ultimate Gift: A Novel (Paperback) Jim Stovall. The intent of Jim Stovall, in writing this book, was to share the importance of life's major "gifts" in the form of a story. The author, Jim Stovall, has made many achievements himself; despite blindness, he has authored various books and is Co-founder and President of the Narrative Television Network.


Unique Ability: Creating the Life You Want (Paperback) Catherine Nomura, Julia Waller & Shannon Waller. For over twenty years, The Strategic Coach Inc. has helped successful entrepreneurs balance their lives and make more money by focusing on the things they love to do and do best. Now this wisdom has been made available to a general audience. Full of original ideas, enlightening stories, practical exercises, and Strategic Coach wisdom, this book is sure to change lives by showing readers how to explore the endless freedom and satisfaction that comes from doing what they love.

Wealth in Families (Paperback) Charles W. Collier. My purpose in writing Wealth in Families is to encourage you to think deeply about the fundamental questions surrounding wealth and its effect on your family. If I am successful, you may find yourself choosing to alter the ways in which you plan and act with regard both to your wealth and to your family.


Rich Dad's Who Took My Money?: Why Slow Investors Lose and Fast Money Wins! (Rich Dad's) (Paperback) Robert T. Kiyosaki. Having your money work for you instead of working for your money is a good practice. But beware of investment strategies that are easy but don't offer the chance to really learn about investing. Mutual funds, banks, and some brokers often want to lock your money into buy-and-hold schemes or, worse, to trade excessively and churn up fees. In an abridgment that is both concise and far-reaching, the authors describe a step-by-step strategy for not getting snookered. A core lesson for anyone wanting financial control, this is the best ever and most personal example of Rich Dad's financial wisdom, regardless of your current job or how much you have to invest.


AR

The Accredited Network

I've been hunting for companies that I can utilize that are like minded. Accountants, Lawyers etc...as you would expect, it's been pretty difficult. The Accredited Network is a group of like minded business' and individuals that are all connected and have simliar goals. If you guys have more of the same type of people in your network let's make our own list.














http://www.theaccreditednetwork.com/

AR

Mommy and Me Exercise

I was going to fill out a business plan and let you all read it, but I'm not ready for that... instead I'm going to put a few ideas that Dave and I have and ask for comments and suggestions from all of you. I'd like to start off with a declaration... I will establish a Mommy and Me Exercise Class and help provide an atmosphere of health and friendship.

How am I going to get there? Well, Dave and I have decided to start a Mommy and Me exercise program here in Denver. I've started designing my class with exercises that involve both the mother and the baby. For example, you lay the child down on the ground and do push-ups (on your knees or toes) down to meet the child's face. I've tried this with my 6 month old and my 2 year old and they both think it's a riot. Squats or lunges while holding either child is also fun for them. I'm also putting together a stroller workout for when the weather improves. There is a place up in Boulder that has a similar class but that's the only one I can find in our area. This will be a great way for women in our area to get together and meet other moms while doing something great for their body.

Here's where I need help...

1. I need a catchy fun name. The name of the group in Boulder is Get Fit Mommy (http://www.getfitmommy.com/). Any ideas? We're thinking that we'll need a website name... mommyandmefitness.com?
   
2. Music. I've been trying to work with some of Ally's kids music. She thinks it's great, but I'm not sure. There are some fun Disney songs... "I'm in love with a big blue frog" and some others that have a good beat for me to work with and they have fun words for the kids. I just don't know if this is lame... actually, it is lame but I don't know what else to do.
3. How should I start? I've thought about doing a trial class with the girls in my ward and some from work and have them fill out questionnaires at the end to help before I start charging people for it.

We feel that following the Franchising Business Model would be most suitable for this kind of business. I'm certified to teach "Group Power" and we like the Body Systems type of business. I need a lot more help that this, but here are some main areas.

This is so fun! Let me know what you think.

Thanks.
Jill

business templates

This has been a very good resource. Score is a good organization.

http://www.score.org/template_gallery.html

I expect three business plans from each of you by month end.

401K Discussion

One of the most popular vehicles in so-called investing is the 401 (K). Many people contribute to it, but few of those benefit or will ever benefit. So here is some of the features when digging a bit deeper.

1-It is only tax deferral or even more accurately, income deferral.

2-Do you really want to be in a lower tax bracket in the future, if not, then why defer the inevitable with the tax on your 401 (k).

3- The Goverment can change the rules and has.

4- An exise tax called the Sundry tax was initiated in the 90’s for those that had “too much money” in their 401 (K).

5- Limited investment options.

6- When can you access the money?

7- Does it have anything to do with or does it enhance your Soul Purpose?

8- How does a partnership sound that goes like this: You put in the money, figure out how to make the investment work, if you want out there will be a penalty, and the amount you get to keep depens on your partners economic circumstance? This partner is the government.

Just because it is popular doesn’t make it your best choice.

I'd like to hear your thoughts.

References: Garrett Gunderson

AR

My connector friend

Cameron Hulse is in my Ward and a good friend of mine. We are creating a brand for him and he met with me yesterday. I learned that he is quite the connector (read the previous post regarding the tipping point). He taught me quite a bit and referred me to a few interesting sites:


First he told me about his friends very very profitable business:
http://www.discover1031.com/1031_exchange_benefits.html

Then he told me about his friends sole method of advertising:
https://adwords.google.com/select/Login

This guy received 4 million in revenue from adwords alone! Crazy.

My buddy is going to try adwords for his orthodintics practice in March. We'll see how it goes.

SR

Real Estate Idea

I was reading in Killing Sacred Cows this morning and there was a cool real estate idea that was suggested, which I had never though of before- It's an absolute Producer idea and I'm very interested in trying it out:

Here's the scenario:

I look around for a house that I would like to live in and the asking price is $250,000. I get approved for a 7%, 30 year fixed rate mortgage, so with taxes and everything my payment would be about $1500 per month. Now I look at what I have budgeted for my monthly house payment and it's only $1300 per month. The consumer mind looks at this and says, "Well I guess I'll just look for a cheaper house that will meet my $1300 per month budget."

Here's how a producer thinks (How can I afford it?)

I develop a relationship with the owner of the house and then through the conversation, I find out that her monthly payment, because she bought the house 10 years ago for 140,000, is only $900 per month. I set up a 24 month lease (with a purchase option at end of lease) with her on the house for $1250 per month and she cash flows an extra $350 per month. Now I am in control of a $250,000 asset and I'm paying $50 less that what I had budgeted, plus I created a value for the lady who was selling her house.

Now I shift it into high gear:

I sell my existing house for $300,000 and which is borrowed from the bank at a very low interest rate, 6.25% for 30 years and I have that amount to invest in multiple other real estate opportunities. With that amount, I could buy 10 rental units each cash flowing me around $175 per month totaling about $1750 per month, I've also put somewhere in the neighborhood of 1.5 million dollars in my real estate portfolio.

MW

Freedom Fasttrack

http://www.freedomfasttrack.com/

Check out the wealth of knowledge site

MW