Rich_Dad

Rich Dad Rich Dad – Real Implementation Techniques After reading the first 3 books of Rich-Dad I constantly looked for an easy method to implement the techniques and building profits from this knowledge. As expressed in Rich-Dad books there are 3 main aspect to build you own portfolio and build a financial independency: A. Real-Estate B. Internet C. Business and Business development A. Real-Estate Starting with the first technique I immediately purchased a 2nd two room apartment on central location at attractive price of $75k while 90% been financed by the bank (mortgage) the average income of this apartment reach $400 per month. 3 months later I've purchased my 3rd apartment for $102k again at 90% financing and average of $550 return from the renters. Although both of my new apartments consider being an attractive investment, my cash flow was hardly changed as the 20 years mortgages are almost identical to the rental fees. Real-Estate is a good long-term investment, however due to the complications, cost and time of liquidation; one must use in parallel other techniques to reach a full financial independency. Note: Today I own 5 apartments, and plan to reach 10 before the age of 30. B. Internet Internet huge potential for mass markets is a great media that can be used by independent individual utilizing easy tools already exist on the market. One must remember that the internet is a media; to its potential you should have the following factors: 1. Products or Services 2. Attractive site with selling capabilities 3. Cost effective marketing techniques To learn about the media I've decided to start with a non-commercial site which will be useful and will include various methods of site-building, I found out that there are many hosts that provide easy tools and hosting for free E.g. http://www.20m.com So I built my first websites 5 years ago and it's still online: http://www.155.20m.com http://www.mail2god.20m.com http://www.1800-international.com http://www.itx-group.com http://www.100-dollar.net http://www.cassino-bonus.com http://www.deadsea-shop.com This site been visited since than by over 100,000 visitors (without any marketing efforts) 2 years later, I used this knowledge and built my first commercial website: http://www.deadsea-shop.com This time I've used different marketing techniques such as Arelis link exchange program, Overture and Adwords, Dynamic submission and few others to promote the site and reach high market shares. Month after the website was online; it started to sell in an average of $800 per month with average of 50% profit. (Nice but still not financial independency). Fast Growth If I can make $400 a month investing 2 hours per week, why not $4000 investing 20 ? Well it doesn’t work like that, First you need a huge variety of products, Financial capability to maintain inventories, and logistical capabilities. Or Not ? No you don’t need any of these, let me introduce you to the new age of online business "AFFILIATE PROGRAMS" Yes, there are hundreds of affiliate programs online; the main advantage of most of the affiliate programs is that you don’t need inventories, logistics, operations or any financial capabilities. On most program you don’t even pay any starting fees, you just need internet connection and spare time. Since discovering the secrets of affiliate programs and online marketing, I've started building websites in an average of 1 site per week / 4 sites per month E.g. http://www.1800-international.com www.1800-international.com http://www.Cassino-Bonus.com www.Cassino-Bonus.com www.ITX-Group.com The secret of growth is information sharing and I'm whiling to share and grow together. If you believe in yourself and believe we can financially grow together please don’t hesitate to call or contact by Email: Sales@1800-international.com About the author: Rich Dad – Real Implementation Techniques After reading the first 3 books of Rich-Dad I constantly looked for an easy method to implement the techniques and building profits from this knowledge.