Salt Lake City Marriott Downtown at City Creek
75 South West Temple
Salt Lake City, Utah 84101
On Thursday, April 9, Strongbrook is going to be sponsoring their annual Wealth Summit for anyone interested in looking at real estate as a way to build a new income stream, or for creating a retirement income – only $20!
(I am the author of The Jackrabbit Factor, and one of Strongbrook’s approved Mentors, and if you’ve been looking for a way to leverage your resources for higher returns, you need to check this out…)
Find out how you can create rental income with a team of experienced experts. The Strongbrook team finds the right homes in the right markets, shops the auctions, rehabs the homes, rents, and manages the properties FOR you… and YOU get the cash flow.
If you’re not quite ready to invest, learn about their pre-investor program, which helps you earn money now while you get ready to invest.
When you click through to register for the Wealth Summit, select the “Wealth Summit” Ticket (prices range from $10-$20, depending on how many guests you bring with you).
My husband will be there, so be sure to find him, and let him know that I sent you. Here’s a picture of him (with me) so you can more easily track him down:
PS. The Wealth Summit takes place on the evening prior to the Strongbrook convention. Les Brown will be speaking there, along with many other powerhouse speakers. Convention is open to anyone, as long as there is still room. No membership required. For more about the rest of convention, click here.
I’ve recently been invited to be a Certified Mentor of the Conscious Creator Mentoring Network, which is like the “Netflix” of Personal Development.
For this program, I am preparing a consolidation of all my life’s work, inspirational books, audios, and programs (including several more new and complete courses coming soon) for the Mentoring Network Vault.
As a mentor of the network, I can invite some of my subscribers to become business partners with me, to help me share my message.
To explain how this would work, I held a very special webinar with the owner of the Mentoring Network back on Thursday March 5th, 2015.
I invite you to watch the replay if you:
Have been touched by my message and want to partner with me
Would like me to compensate you for sharing my message
Would like access to a whole group of other amazing mentors, including some of my own
Feel that you have a message of your own, and aspire to become a coach, speaker, etc.
If you are already a powerhouse mentor or coach—you especially need to be on this call (you’ll see why).
I’m at the beginning of something that I believe will change the world of personal development as we know it. But to do this right, I need a core group of people who know my message, who want to help me out, and possibly get paid very well for doing it.
Register now and let’s see if this is “it” for you.
It’s always amazing to me how much people change through the process of completing the FTMF course. So often, they come in feeling nervous and uncertain but hopeful that they made a wise investment by joining me in the program.
Then somewhere in the middle, something shifts. They come to a growing but quiet confidence that having success really can become a natural part of their day-to-day life.
Here’s an example:
From FTMF Participant, Cathie Frost:
My short term goal [was]: We will replace the garage door by Jan. 23 and pay for it without going into debt. This is a level 9 goal for me because at this point we have no money set aside to pay for it. By completing this goal, we will closer to putting our house on the market and selling our home.
At this point I have no idea how we will pay for it. But I’m sure we’ll get the money from some source. I will move forward with this goal and let you know the outcome.
I didn’t hear back from Cathie for weeks. It was well past the January 23 date, and I hesitated to follow up, because I didn’t know what had happened, or how she was feeling.
So I finally wrote this:
Hi Cathie, I just wanted to check in. If you did not achieve the goal by the date you picked, don’t throw out the seed… let it keep gathering what it needs until it becomes real. Remember chapter 1 from Hidden Treasures – about the Law of Perpetual Transmutation. We don’t have to have super intense faith, we only need to have a tiny bit of faith, but without doubt. That’s the key. And it’s never too late to keep going, no matter what’s transpired before. Just food for thought…
Thanks so much for checking back with me… I actually had success with my last goal. As you know my goal was to have a new garage door installed AND have it totally paid for by the 23rd. I am happy to report the garage door was installed and paid for without going into debt by the 23rd. A few days after I set the goal, my husband heard from his business partners who told him that starting this month, they would be sending him $1,000 a month to buy into his business. This is something we hadn’t discussed with them so we were really excited to hear that not only would our garage door be paid for, but that the money would continue to come in each month.
I am so excited that I set a goal that was a level 9 for me and accomplished it! I learned that ultimately God is in control and can arrange things to work in my favor. I know if I were to set this goal again I would rank it at a level 4 or 5. Setting this goal was difficult for me because I had no idea how I could accomplish it, but it has taught me that I can see miracles when I challenge my faith. In a few months, we will put the house up for sale. I’m not worried about whether or not it will sell. I know we have felt prompted to do this and that God is arranging things to work out for the best. ~ Cathie Frost, www.cathiefrostphotography.com
I think it’s awesome when the success comes so naturally, that it’s more like, “Oh, by the way… I succeeded” than it is, “WHAT?? IT WORKED??” That’s because it becomes a natural part of you. There is no real shock, but always amazement worth pondering. It’s a quiet, “Wow, this is real…” which inspires contemplative daydreaming about what you can accomplish next.
If you’ve experienced a surge in income by applying the principles in my books (consciously or unconsciously), Congratulations!
But earning the money is only the first step. After that, it’s really important to be smart with it. So don’t stop learning, even if you achieved all the money you were after.
If you don’t want to become one of the “windfall casualties” you hear about in the news, you have to ask yourself again right now – what do you want your life to look like in 5-10 years? 20 years? After that?
When the money begins to flow, the natural temptation is to go buy all the goodies and gadgets you never could afford before. Maybe you’re not spendy, but while a lesser brand used to be just fine, you begin instead to purchase higher end items, because (perhaps) for the first time in your life, you finally can.
This is not a slam on high-end products. High-end often means the product will last longer, or perform better. But in many cases, it does not. Sometimes the marketing sells us on only the perceived (not real) value, and when money isn’t tight, we can become an easy sell.
On another note, it’s certainly reasonable to get caught up on neglected repairs, and reward yourself with some wonderful things, but most who feel the adrenaline of sudden perceived freedom can’t see clearly where to draw the line.
So unfortunately, those who get a QUICK windfall often find themselves back to broke in a very short period of time. They just can’t imagine unexpected market shifts or other setbacks that can cause similarly quick REVERSALS, unless they do the uncommon thing: jumping the tracks from a quick money mindset, to thinking slow, steady, and patiently about long-term strategies.
To do so is not common nor natural. It really takes conscious thought, and the practice of “delayed gratification”.
So, what should you do instead?
Goal #1: Build a steady and predictable passive cash flow
With the money you earn, begin building or investing in a passive income. Once the passive income exceeds your expenses, then you’re financially free. A person with a million dollars in the bank and no cash flow is NOT free.
Goal #2: Wait until the extra income can pay for it
After some of your money has been converted into passive income, and after your passive income exceeds your expenses, then let the extra passive income pay for luxuries – if you choose to have them.
Either way, avoid building a luxury lifestyle on stagnant money (money in the bank instead of cash flowing money). And since “luxury” is relative, I’m talking about whatever is “luxury” to you.
It can wait.
Also, don’t spend all of your earnings on your lifestyle. It’s okay to downsize if it means improving your cash flow. It’s okay to buy used if it means you have more to invest. Unless you make some of these hard decisions, there may be nothing left to invest in your future – and your future self will be really frustrated with you!
So if you have money in the bank – invest it.
Don’t let it just sit there, and don’t spend it on consumables. Learn how to earn a decent return on it. Convert it to cash flow.
If you run a business, or if you have discovered what Garrett Gunderson calls your “Soul Purpose” – that is often the most honorable place to put your stagnant money to good use. Plan A – Let it help you grow your own business cash flow.
Plan B – But if your business is more of a hobby, or if don’t have a business, or if you don’t know what your Soul Purpose ought to be, you can still put the money to work, so it can be growing while you figure it out. It could even fund your Soul Purpose, so that you can do what you love because you enjoy it, instead of doing it because you HAVE to make it pay.
How to make it grow? One way to build a steady, long-term cash flow is by investing in real estate. And I’m not talking about the quick buck; I’m talking about the boring side of long-term real estate investments.
But not just any long-term real estate; it has to be the rightkind, in the rightlocation. (Sadly, most areas in the country today are NOT right for the 7-10 year strategy I want to share with you.)
Would you rather have a doctor’s income of $250,000 annually and an upper-class lifestyle but no passive income, or be a contractor with a modest income and one-million in assets? What about a teacher who only makes $40K/year, but discovered how to pick up some cash flowing real estate rentals that provide her with an additional $4000/mo passive income?
There are 3 types of wealth – but only one of them provides true freedom, and it doesn’t matter how much you make. With some preparation and planning, anyone can get into the game.
Did you know real estate played a big part in our first financial breakthrough?
We went from broke and falling behind, with ZERO real estate investing experience and no money in the bank, to nearly $300K cash tax-free in just a few years, because of real estate. And it’s true, we didn’t know how to reinvest it, or where to draw the line on our spending. We had been so broke for so long, that when the money finally showed up, (and even though we TRIED to be smart with it), we still made some foolish mistakes that we didn’t fully recognize until many years later.
So we made a lot, (and lost a lot), but most importantly, LEARNED a lot.
That’s why we’re more attracted than ever to the slow and boring long-term strategies that StrongBrook is helping us implement now. We are happy and satisfied to grow at something closer to nature’s pace. To me, it feels more reassuring to work with the laws of success towards a life-plan, instead of the quick and big (but repeatedly needed) windfall.
I think it was our setbacks and the pain that accompanied them that brought us to this place where we both have more patience in the slow growth process. I’d rather it come long and solid now, instead of quick, big, and fleeting!
So as long as we hold our vision for where we want to be in 10 or 20 years, I am happy to trust the principles will continue to steer us, and I’m actually enjoying the journey more than ever. Going more slowly allows me to take more time for myself and for my family. It just feels right.
What We’re Doing Now
My husband and I are now working with our long time friend Gary Norris and preparing to build a retirement portfolio through StrongBrook – a research / property acquisition / management team that does all the heavy lifting for us – all the real estate work that we used to do for ourselves, but which we don’t have time for anymore.
with Carolyn and Gary Norris
My husband and I with Gary’s cool t-shirts ;)
StrongBrook does all of this for its investors:
Identifies the right cash flow and growth markets
Shops the auctions
Rehabs the properties
Finds the renters
Manages the rentals
…so that the investors don’t have to. This has become part of our long-term retirement plan, and we invite you to check it out for yourself.*
Funny Story: How (and why) we got involved
Gary Norris has been a great friend and support since we met in 2007; and as an avid Jackrabbit Factor fan, he has generously helped me spread my message on his radio show, and through live events for many years.
More recently, Gary has been bringing investors to this portfolio-building opportunity for a couple years, and so his wife recently asked me to speak at one of their date-night socials at Kris Krohn’s home. Kris is the company founder.
That was my first real introduction to what StrongBrook does, and as BURNED as we felt from failed investments of the past, I was shocked to learn something that changed my tainted perspective on the topic of real estate – something I didn’t think could happen.
I recorded the conversation and then took it home to my husband. It shifted his perspective just as powerfully as it did mine.
What I heard there (while I waited for my turn to speak) made all the difference.
* Your Next Step
If you want to know what changed my mind about real estate:
(Look for the big Red Button in the upper right of the webpage)
During your telephone appointment, you’ll tell them how much of a passive monthly income you would like to create (and your target retirement date), and they will reverse-engineer a strategy that will help you build the right real estate portfolio to accomplish that goal.
If you can’t invest in real estate now, they can still show you how you can break into the game when the time is right.
It’s all about planning ahead – creating that long-term strategy to get you where you want to be. You have nothing to lose by learning more about the possibilities.
If you’re willing to share your story, you might get featured in my blog, and/or an upcoming issue of the [47tips] Newsletter!
Simply follow these instructions below. I encourage you to write it in a separate Word document or Notepad (saving often), and then copy the final draft in a message to me. Okay? Here we go:
1) Create a compelling headliner
Sum it up in one sentence. Begin with what book/program/video/training you experienced, and end with how it helped.
Here are some examples (please notice, it doesn’t have to be a huge victory by anyone else’s standards, it can be huge for YOU, and that’s good enough!)
“After reading Hidden Treasures, I stopped worrying about the future.”
“After reading The Jackrabbit Factor, I was able to take my family of 6 to Hawaii – our first real vacation EVER!”
“After completing the FTMF program, I was able to retire from my medical practice.”
“After watching the Stickman Video, I found the courage to ask for a $6000 annual raise – and I got it!”
“After being in the Insider’s Club for just 4 weeks, I was finally able to forgive a grudge I had been carrying for 25 years.”
“After attending Genius Bootcamp, I thought of an idea that would double our income, and we did it last year!”
2) Fill in the details
Now that you’ve summed it up in one little headline, now tell me the rest of the story. I’d love to hear it all, from start to finish. There is no restrictions on word count, but just understand that if I use it in an upcoming newsletter, I may need to edit it for brevity. By submitting your story, you agree to allow such edits. I will always preserve the meaning, context, and intent, but reserve the right to make length and grammatical clarity adjustments as needed.
3) Tell who you are!
Be sure to leave your name the way you want it printed. You can provide your full name, or you can sign it with your initials. Tell us where you’re from, if you’d like. If you have a website, be sure to include the URL. If it is appropriate for our purposes, we may hyperlink to your site.
4) Submit your responses using my contact form, or simply reply to this thread below.
By submitting your story, you grant us permission to use your comments in my newsletter or other promotional materials.
Leslie Householder: “Mission Impossible and Other Outrageous Lies” – presentation at the…
You (and your children) were put on this planet with an inborn desire to find and accomplish your unique life’s mission – one that will become your passion, purpose, meaningful contribution to the world, and ultimately, your legacy.
The world would have you believe that you are not good enough, smart enough, strong enough, or clever enough to discover and accomplish that mission. It would have you believe that your mission is not just impossible to identify or define, but even more impossible to complete.
Not true! Through humor and other surprises, this class will reveal secrets that can help you gain the advantage, insight, and empowerment you need to get excited about you future and stay on track, as well as the inner peace of mind and confidence that you will need to succeed at whatever you are called upon to do.
I’m speaking at the Winter Homeschool Conference in Ogden Utah on Saturday, January 31st, 2015, and even if you don’t homeschool, you’re welcome to come listen to this powerful presentation!
Positive Thinking Tip: buoyant thoughts do more than just help you feel good; they lift you above adversity like helium in a balloon.
Do you remember how magical your first helium balloon was? When you were a child, were you astounded at its buoyancy? Everything you knew fell downward… except that beautiful, shiny ball in the air.
As you got older, maybe you were like me and allowed it to be a commonplace phenomenon.
Still, every time I stop to think about it, my spirits are lifted as I watch its pull in the opposite direction of everything else around it.
All it is, is a rubber container full of a gas that happens to be lighter than the oxygen/carbon dioxide mixture in the air.
When the balloon is full of that lighter gas, it naturally rises above its surroundings.
Our thoughts, kept buoyant by focusing on the positive side of things, also have the ability to pull us up and out of our downer circumstances.
Every time you consciously choose a solution-oriented, hopeful, enthusiastically-expectant-of-good-things kind of thought, you fill your mind with stuff that is lighter in nature than the common thoughts of negativity and discouragement.
Fill your mind with enough light-thinking, and in time, you’ll very naturally rise above the gunk. The stuff that pulls you down will fall out of your life like ballast out of a hot air balloon.
I attended a wonderful meeting last week with experts on the subject of homeschooling through high school. Many people who decide to homeschool panic when their youth reach about age 14. This is because they are hyper-concerned about being able to meet all of their students’ academic and social needs.
At the meeting I learned how to create a transcript for my homeschooled children, and why I’m allowed to. This is particularly important to me right now, because my 16 year-old daughter is signing up for her first college class (online) and the University needs her transcript to process her application. They asked for a transcript, even knowing she is homeschooled. When I told him I didn’t really have one, he explained that they simply want to see a list of the subjects she has studied, and how well she has performed.
My goodness, it’s so easy to overcomplicate things. Even after 9 years of being unplugged, the more I learn about homeschooling, the more I realize how simple it is.
The idea of a transcript is to simply describe what our students have learned in a language that the colleges will understand. That’s it! As the administrator of our homeschool, I just have to think about what my children have been doing in terms of estimated hours spent, and evaluate the quality of their work and issue the grades.
So, how do you quantify their educational experience when it hasn’t really been tracked, and when the time spent on each subject is not scheduled or measured?
(We haven’t been measuring their work by grades, because as far as I’m concerned, all of their academic work is simply unfinished until it’s good enough for an A. I don’t say, “Okay, that’s a D… moving on.” No, it’s just unfinished until it’s an A, even if it sits unfinished for a year. If it really needs to be done, it will eventually get done, and it will be done well.)
To answer the question, “How do you quantify their educational experience?” I found some posted guidelines for evaluating credit for a course. You’ll see that the Homeschool Legal Defense Association explains that that if a child has spent between 120-180 hours on any one given subject, it can count as a high school credit, particularly if it covers material at the high school level.
They even provided a template, instructions, and guidance on how to create the transcript. Keep in mind that each University will have its own guidelines and requirements, and many of them probably do not have posted instructions specifically for homeschoolers. But it’s catching on. Universities and community colleges are learning that homeschoolers are valuable in many ways, and are thus providing more resources, programs, and guidance for this growing sector.
Anyway, it’s been fun and enlightening to start gathering the list of the things our kids have studied for their official high school transcript. The list is much longer than I thought it would be. I feel like we’ve just been living life and exploring whatever interests us.
So here are a few examples of how I am applying what I’ve learned this week. Besides counting up their hours and accomplishments in their core academic subjects:
~ I’m going to give Kayli (16) and Jared (15) an elective credit for Drama because they each spent over 200 hours to practice, prepare, and perform in an outdoor theatrical pageant a few summers ago in New York. The production consisted of nearly 800 cast members, and since the majority of them were teenagers and adults, I feel it is reasonable to say that it provided at least a high school level experience.
~ Jared could legitimately have tons of Computer Science credit, because he will have easily logged 180 hours – in just the last 2 months. For what he’s done over the last 3 years, I could even break it down into a number of different courses, such as 1/2 credit for Programming in Flash (because of the 52 weeks he spent with a private tutor to learn it), 1/2 credit for an online class in Application Design and Marketing (which he will be completing through an online course soon), and a full credit each for Intro to Computers and Intro to Computer Network Administration (because of the more than 15,000 hours he has dedicated to learning the ins and outs of the Computer World.)
15,000 hours is much more time than is necessary for a high school diploma, because it would only be considered an elective, and he doesn’t need that many electives. Still, it’s fun to calculate and quantify his educational experience. It’s also made me realize that much of what he has already done with computers would exceed the education he might have received at a technical college. He might not have the classroom time, but what technical college student has 15,000 hours available to dedicate to a computer class?
Back to the transcript…
~ There is even something called Career Technical Experience (CTE) that I am adding to Kayli’s transcript, which gives high school credit for relevant, real-world learning opportunities. She has spent between 300-400 hours assembling automated online marketing campaigns for over 300 small businesses in the last 2 years, so I am going to give her a Business Marketing credit on her transcript. Even if it’s just an elective, this helps to highlight that accomplishment.
~ Something else I will be able to add to Kayli’s transcript will come from that BYU Idaho Medical Terminology class that begins next month. By completing that course, she will get a high school science credit AND college credit. (Since she has not yet graduated from high school, it is called dual-enrollment.)
But here’s the main reason for my post tonight:
At the top of her transcript, I needed to put a school name. Not to pretend that we’re something that we’re not, but because the colleges WANT us to make it easy for them to understand what our students’ experience has been. They WANT us to present their credentials in the language to which they are accustomed. They WANT me to decide when I consider my students graduated – I’m the one who decides that. I don’t need to ask any other official of any other organization if they think she’s ready to advance – as the administrator, guidance counsellor, program / staff coordinator, and instructor, that’s my job. It’s nice to know the college recognizes me as such, and that they want and trust my honest evaluation of her as a potential incoming student.
So after 9 years of providing K-12 Private Instruction, we finally have a name. It feels great to be taking our establishment to a more organized level:
I’m not going to spend a lot of time updating or maintaining our school website; I’m just excited to finally have an official presence in case an admissions clerk needs to learn more about the school we’ve named on our official transcript.