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7 Steps to Freedom

7 Steps to Freedom

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Published by: Xtremist on Sep 07, 2010
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  • Intro - Just 7 Steps to Your Dreams
  • Step 1 - What do you want?
  • Step 2 - What is Important?
  • Step 3 - Passion, and Maths
  • Step 4 - Stop the Bleeding
  • Step 5 - Your Plan for Security
  • Step 6 - Your Plan for Comfort
  • Step 7 - Your Plan for Prosperity
  • Step 7 cont. - More Paths to Wealth
  • How to Make Money from this Ebook


Brought to you by:

Steps to Freedom

A Blueprint for Achieving Wealth, Health, and Happiness
by Noel Swanson

Illya Mahatma
eidetika@yahoo.com www.7stepstofreedom.com

This book is copyright (c) 2004 by Noel Swanson. All rights reserved. However, you are encouraged to pass this on to your friends - in fact you can even make money by doing so (click here to find out how) - provided you do not change the text in any way (apart from your affiliate links, of course).

Published by Allegretto ltd. 8 Westborn Road, Fareham, PO16 7DH, UK www.7stepstofreedom..com

Table of Contents
Intro - Just 7 Steps to Your Dreams Step 1 - What do you Want? Step 2 - What is Important? Step 3 - Passion, and Maths Step 4 - Stop the Bleeding Step 5 - Your Plan for Security Step 5 cont - Live for Success! Step 6 - Your Plan for Comfort Step 7 - Your Plan for Prosperity Step 7cont - More Paths to Wealth Step 8 - The End and the Beginning How to Make Money from this Book 3 6 11 15 21 37 44 47 61 73 79 83


Intro - Just 7 Steps to Your Dreams

To me,

his is a book about Freedom. How to get it, and how to keep it.

If you stick with me and work through this book deliberately and diligently, you will be well on your way to achieving everything you ever wanted from life. So what do I mean by "Freedom"?

freedom is having the time, ability, and opportunity to do the things that I want to do in life It is about enjoying life to the full. About extracting every second's worth of life out of every minute lived. About being able, on one's death bed, to be pleased with a race well run, a life well led with no regrets. Is it about money? Yes, money is a part of it. It is hard to be free if you are broke. But money is not everything - there are plenty of rich men and women who are as miserable as sin. They are hardly free. In my book, freedom includes having enough money to do the things you love to do - yet without letting money become your master. Is it about love? Yes, because life is about passion, and about emotions. Without both of these we are as un-free as a robot. But love can also be a prison, and so Freedom is about learning how to enjoy your emotions, your passions and, yes, your loves in a way that brings liberty and life to all parties - whether they be your lovers, your children, your family or your friends. Is it about time? Of course! Every one of us has only 24 hours in a day, 7 days in a week, 52 weeks in a year, and maybe 80 or 90 years in a lifetime. How will you spend those precious moments? Because, once spent, they can never be regained. For 95% of the worlds population their time is effectively controlled by other people and other demands - every moment of the day is soaked up by the ever-present need to earn enough to pay the bills, to clean the house, to look after the children, to satisfy the partner or spouse, and to keep the in-laws at bay. That is not freedom!


7 Steps to Freedom by Noel Swanson

Step 1

For me, freedom is about being in charge of my own time: choosing if and when I will work, when and where I will go kayaking, skiing, scuba diving, or oil-painting. Having time to sit and drink wine with my friends, take walks through the beautiful countryside of England and Canada, or sit on the beach and watch the Caribbean sunset. Is it about pure, simple, care-free hedonism, with no concern for the needs or wants of others? No! Simply seeking after the pleasure of the moment, like taking drugs, leads inevitably to an empty and shallow life. Yes, it is fun for the moment - but the regrets will surely follow as night follows day. Is it about manipulating and controlling others? I hope not! You know, what you will learn through this book, and through the recommended reading is so powerful that you could, if you chose, use it to do just that. But then that is the danger of powerful tools a sharp knife can both slice the ropes and knots that bind you - and slay your best friend, your lover, or your enemy. In my mind, true freedom comes when you honor and respect others, not when you control them. I hope that you will use what you learn in that spirit. But, in the end, that must be your own choice - for that is what freedom grants you: the ability to make your own choices about your own life. The Keys to the Dungeon My Friend, you are about to embark on a most amazing adventure. Your life will never ever be the same again. Why not? Because, today, you have been handed the keys to your dungeon. You may choose never to use them. In that case, your life will continue as it always has done - with one difference: You will always know that it was your own choice to stay in that dungeon. Perhaps you have good reasons, so you thin, for why you wish to remain there. Perhaps you just don't believe it could be any different. Either way, if you never put the keys in the lock, if you never turn them, you will always wonder what it might have been like... Your other choice is, of course, to open the doors and walk through them, a free man or woman. Now, at this point I do have to issue a warning! This book is your key. But it is not a magic wand! You will learn that there are immutable laws at work in the universe. You will learn to use these laws to your advantage, and you will be amazed at the changes in your life that they bring.


I will talk much about "retiring" and "building wealth". So where do we start? Well. Go on. It is your own mind. for most people. The door is stiff and heavy. your spouse. Do them! This book is not light bedtime reading: it is a workbook. as you work through this book. the first is usually the most obvious (although probably not as important as the second. Did you do that? No? How are you going to progress if you don't even take the first simple step? Print it out now. It will take you about 10 minutes to complete. the two biggest hurdles they face are about becoming financially free.) So I will use wealth as our prime goal. as you shall discover. The lock on your dungeon is rusty and difficult to turn.e. your poverty. (Just click here and you will be taken right there. you will find tasks set for you. How to maximise your use of time How to remove the clutter from your life All this.7 Steps to Freedom by Noel Swanson Step 1 But it won't happen overnight. and will cost you not one penny. Okay. And I will use the term "retiring" as meaning the same as "financially free" . You will have to work at them if you are to successfully open them I will show you what to do. and emotionally free. you will learn how to think! Because. one more thing. or your disabilities that keep you enslaved. Oh. lets get started. In the following chapters. that you have sufficient financial resources that you can -5- .) Then go to the Table of Contents and start on Step One. For that reason I strongly suggest that you print out this entire book now. Why? Because. and much more. And of these.i. the blueprint for a better life. Here is what will you learn through the coming weeks and months: How to set yourself free financially How to eradicate guilt and dependency from your personal relationships. Why not start with a simple little project that will sow the seeds of your financial freedom down the road. do it this is your first task! Then punch some holes in it and put it into a ring binder so that you don't lose any pages. Here is what I want you to do: Go over to the chapter on "How to Make Money from this Book" and follow the instructions. I'll tell you what. But you are the one that has to do it! And so. But above all. it is not your boss.

7 Steps to Freedom by Noel Swanson Step 1 choose whether and how to work. Great! As long as that is your choice and not a necessity. Just follow the instructions and you will get there. See you on the other side! Noel Swanson -6- . The principles will apply in exactly the same way. "Retiring" does not have to mean you never work again .you may like your career and want to continue in it. But perhaps you have different priorities and goals in life? No matter.

So now you are old. doing a job that causes you stress and worry. In contrast. Of not having clothes to wear. Of not being able to feed yourself and your family. expenses and luxuries. go in to work. neighbours and relatives. let me ask you why it is that you. only to repeat the same exercise day after day. You are afraid. with free time to do what you want . So why do you do it? Let me tell you why: FEAR . And at the end of it. would you still work at the same job for the same number of hours? I am willing to bet that the day you could afford to. and then come home worn out. for forty years? This is often known as the 40/40 plan . Of being destitute and dependent on a state pension when you are old and frail. no? So there is a lesson to be learnt here: Fear is sufficient motivation to keep you doing something you would rather not do year after year after year. Of having your house repossessed.40 hours a week for 40 years.What do you want? W hy is it that most New Year’s resolutions barely make it through to the end of January? The reason is quite simple . That’s right. you get what? A so-called pension that pays you even less than you have been living on for all those hard working years.most of them are based on either a “wish” or an “ought”: “I wish I could lose some weight” “ I wish I could stop smoking” “I really ought to get more exercise” “I really ought to eat more healthily” And so on. On the other -7- . trade eight or more of the best hours of your day for a pathetic amount of money. Of what? ‚ ‚ ‚ ‚ ‚ ‚ Of not having enough money to pay the rent or mortgage.Step 1 . and 95% of the adult population. you would cut your hours. then why do you do it? Because you love the job? Let me ask you again: if you had enough money to pay all your bills. get up in the morning. perhaps ill. If that is not true.except you have no money. Of being ridiculed and pitied by your friends.

that they start to shape the way you see the world. and 2) A reason why. you start to find the reasons why you can. What makes them train and practice so hard. Take a world class athlete like golfer Tiger Woods. You will have to make some sacrifices. If you are serious about becoming free in the next 2 . It is a deep seated passion . To start with your mind will come up with all sorts of reasons why you can’t do it you’re too young.8 years. Those just won’t cut it when the going gets tough. too thin. since money is such a big issue for most people. Once your focus is clear. or over the excuses. the wrong sex. you are correct”.7 Steps to Freedom by Noel Swanson hand. too clever. Once you know what it is you really. -8- . safe to say. day in and day out? It certainly isn’t the money. Most likely you are going to have to start some kind of new venture. too old. if you like. Henry Ford but it best when he said “Whether you say you can. the wrong education. in your soul. “If only I didn’t have to go to work every day”. and also for winning. Instead of “I can’t”. come what may”. it is extremely unlikely that it will be through your current job or employment. But once you have decided. Step 1 So. And that passion drives them on when others would give up. and so entrenched in your very being.both for their chosen sport. They must win. making serious money takes commitment and perseverence. So if you are to stick to your wealth building plan you are going to need something more than just a vague wish like “I wish I had some more money”. too stupid. under. or 5-times Olympic gold medalist Steven Redgrave. you too need that passion. But. or staying on your diet. once there is an iron-fast conviction in your soul that says “that’s where I am headed.just like when you don’t feel like going to the gym. These need to be so powerful. then your mind starts to look for ways around. and you set out to get it. So what do you need? You need two things: 1) A clear goal. There is another aspect to this. At times you won’t feel like doing it . too fat. really want. can we agree that becoming financially free is a worthwhile goal? In a later Step we will talk in detail about how you are going to make your money. all the excuses start to fall away. a wish or an ought is not enough to keep you going for even a month. If you are starting a part-time business alongside your full time employment you will probably have to give up some of your free time in the evenings. and so on. Things don’t always go as planned. There will be set backs on the way. Now. or you say you can’t.

Who would you listen to? Remember I said that you would need to do some work? Well. getting married. Before you go any further in looking at various business opportunities and ventures it is crucial that you really nail down your own personal reasons why.nor how big or small your goal is. meeting more friends. “Why not just get on with making the money?” So why is it that these people are broke. On the other hand. getting fit. they would say. What matters is that it is yours. and still interested in learning the secrets of wealth and freedom. (however you might define success). if you are still with me. or starting any new venture or adventure.7 Steps to Freedom by Noel Swanson Step 1 Note that all this applies to the whole of your life. you will find a strong and powerful passion that has driven them onwards. those goals and dreams first. for everyone who has made a real success of life. haven't you?): 1) What is your number one priority for starting a new venture? Common reasons include: Extra Income Financial Freedom Having your own business More spare time Personal development Helping others Meeting new people Retirement Leave a legacy It does not matter what your priority is . Of all the reasons why people fail to make it in their new venture. stopping smoking. and the lack of passion for that goal are the top of the list. while the millionaires stress the number 1 most crucial factor in success is getting your thinking straight. not just your finances. the lack of a clear goal. Whether it is losing weight. “What’s the point?”. and it matters to you. 2) Why did you pick that one priority? -9- . This is of vital importance. it probably won’t happen unless there is that passion. here is this week’s homework: Write down your answers to the following questions (you have printed this out on paper. It is this step that many people will skip over.

Avoid negatives . that’s enough for this week . of course). but it is absolutely true! Build a Habit of Success This process of describing and refining your goals and dreams does not stop here . with the mortgage fully paid off. As a first step. The more detailed.”) Do not miss out this exercise .don’t look at what you won’t be doing (e. the more real your description. In fact. What do you want for yourself then .g. what will you be doing.g. and has invaluable lessons (provided you do them. the more vivid. what will you own? Be as specific and detailed as you can.where will you be. look at what you will be doing instead (e. This is why successful people are constantly reading and listening to motivational books and tapes. “I will be in a 4-bed detached cottage in the countryside.you have some work to be getting on with! -10- . I strongly encourage you to start to do so also. It is only a small investment in your future.you will want to be doing this everyday of your life until you reach those goals. “I won’t be living in this dump”).it really is vital. Sounds crazy.7 Steps to Freedom by Noel Swanson 3) Why is that important to you? Step 1 4) What are the consequences of not having that 5) Why would that worry you? 6) Now look ahead 5 and 10 years. it was The Midas Method book that first launched me on the path to success! Like the Remmington shaver fellow. I liked it so much I bought the rights to it! Here is the link: click here and get your copy now. this is essential if you are serious about unlocking the doors to your dungeon. In fact. the greater chances of success. Done that? Okay.and then right down your answers in as much detail as you can. Spend some time thinking and dreaming about this . go to onto the internet and get yourself The Midas Secrets package.

Isn’t it time to do something different? -11- .7 Steps to Freedom by Noel Swanson In Step 2 we will be looking some more at how to develop your millionaire’s mindset. you’ll always get what you’ve always got. if you always do what you’ve always done. and the grit and determination to reach those goals. Step 1 Remember.

In this step I want to cover some tools that will help you to organise your life so that the important things do get done. Classed in this are things such as: < eating < paying the mortgage (or you will be repossessed) < earning money < paying bills < keeping fit and healthy < seeing your long-standing friends < having the car serviced (regular maintenance saves you money in the long run) Whereas others are not important.you have made a crucial first step to achieving them.congratulations .well. or else click on the link and it will take you straight to it at Amazon. You should be able to get it from your public library. Well worth getting hold of. some of these tasks are urgent.What is Important? D id you write down your goals from Step 1? If you did . If not . You will note that some of your tasks are important (by this I mean important to you). such as: < watching soap operas < reading junk mail < doing favours for someone else (it might be important to them.com Take a look at the grid below: Important Quadrant 1 Quadrant 3 Not Important Quadrant 2 Quadrant 4 Urgent Not Urgent All of your daily tasks can be mapped onto this grid. That means they need to be done now -12- . you won’t be the only one! It is so easy. Some of this is based on an excellent book by Stephen Covey called The 7 Habits of Highly Effective People. but that does not mean the task is important to you .although the friendship might be) At the same time. isn’t it. to let other priorities and demands get in the way of what is important.Step 2 .

maintaining your house and car.but could easily be pushed to the bottom of the pile until you have time to do it. For example. take a look at your own life. Most of these activities are of the maintenance and improvement type . if you could do them regularly. things that have to be done today. But these activities are important. not yours). or keeping up to date with developments in your field of work. And the ironing can wait until there is time. Then. but not important . and your help would make such a difference to them. In between all the stress of dealing with Quadrant One you spend a bit of time trying to relax by indulging in Quadrant Four activities . and improving and developing your knowledge and skills. and yourself. you don’t have to go to the gym today .to you . daydreaming. If you are like most people .the chances are that most of your activities fall into either quadrant 1 or 4: Quadrant 1 activities .it’s their agenda. Often this is because of some deadline imposed by someone else (like the boss. but not urgent) that you know you should be doing. or even next month would probably do.stressed out by too much to do and too little time in which to do it . As you do these. relative or friend comes along and asks you if you wouldn’t mind helping them with X as they really are in a bind. For example. and they have to be done today. The same with the exercises from last week and from The Midas Method.tomorrow is probably just as good.doodling. the car has broken down.these things are both urgent and important. Next week. Likewise. you say “yes” to this Quadrant Three activity (Urgent. but sit quietly in the background waiting for you to get around to them. They need to happen. You have to do them. In other words. you would find that they actually help to prevent many of the Quadrant One -13- . or the tax man). Now. but just can’t find the time for. being kind hearted and generous. In fact all those things on your mental “to-do list”. watching TV with a beer. if only you had the time. filling in the crossword. you are probably getting stressed by all the Quadrant Two activities (important. a colleague. because you never got around to replacing the oil 6 months ago.looking after your property. or two months ago. Like going to the gym. And. or painting the house. Tomorrow is not good enough. month.it is important to your future . Other things are much less urgent. Many of them are of the “putting out fires” variety. These activities probably take up most of your day. Which you would. Included here are things such as getting exercise. Reading this course is a Quadrant Two activity . the car does not have to be serviced this week. because you did not get around to doing them a week.7 Steps to Freedom by Noel Swanson Step 2 and can’t wait. And what happens to Quadrant Two? All those tasks that are vitally important. on top of all that. In fact.

Most people find this very difficult.if you make the right decisions. This brings me on to the second main point for Step 2: Who is in charge of your life? Is it you? Or is it something outside of you . that you do them. If it is from quadrant 3 or 4 . complaining about the circumstances. But in 17 years of working with families (I am a medical doctor and consultant psychiatrist. what was crucial was what you did in response. ask yourself which quadrant this fits in.7 Steps to Freedom by Noel Swanson emergencies! Step 2 So how will they happen? Only if you make sure. Life is all about the decisions you take. listen to some tapes. But if you are going to reach your goals. or start a business. the government? If you are to achieve the success you deserve. But equally you certainly don’t have to be a doormat. It is a blank slate for you to write upon. Or you can sit around. Sorry if this sounds rather hard.. This opens up tremendous possibilities for you. here are your tasks for the next month: -14- . We have all made mistakes. Now. and whatever happened. But whatever they did..or your could choose to move abroad. The future is unwritten. At the beginning of each day.other people. the will of god. or get divorced. Here are some suggestions: With each task you do today. Get some books.say “no”! You must work on what is important to you before you work on what is important to other people. and hoping that someone else will do something to improve your lot. or do not. The goal is not to get into self-pity and self-blame about all the mistakes you have made in the past. You are where you are because of the decisions you took in the past. And often one of the hardest for them to overcome. remember?). How it turns out for you is down to the decisions you take from here on. or change jobs. to summarise. So. will affect your life from then on. And whatever you do. What matters is where you go from here. Of course other people and events have played a part. decide. your answer to this must be “Me!”.and stick to it. there is a balance in all this. and problems in their lives. You really can reach your goals . misery. fate. You can choose to carry on as you are . you must learn this skill. You don’t have to be rude or unhelpful. in each day. or. I have found this to be one of the biggest reasons for why people continue to have stress. schedule in some time that is reserved for these activities .

you would not have done them using any other system either. getting some exercise.the goal setting is best done at the beginning of the day. then move on to task two and stick with that until it is done. Try and do it at the same time each day . Make every effort to avoid being sidetracked or distracted from it. Okay . great! If you didn’t . put your Midas Method goals at the top of your list as your Number 1 priority. But at least you worked on the most important of them. etc. the only person you are cheating is yourself.use this for reviewing your goals. studying. Make sure you do it each day. doing repairs. as long as it happens. See you next week in Step 3! -15- .7 Steps to Freedom by Noel Swanson At the beginning of each day: Step 2 1) Set aside an hour for quadrant two activities . If you come to a point that depends on some external event (like waiting for someone else). If you did them all.but make sure you don’t slip up again! After all.your task this week: Do both of these every day.don’t beat yourself up . Tomorrow make a new list (which might or might not include today’s items). If you miss a day . By the end of the day you will either have completed all 6 or just some of them. Then start with number one and persist with it until it is done. 2) Make a list of the 6 most important (to you) tasks for the day. If you have not already done them. the rest can be at any time.

“"Give. Since this is the case. we would be wise to learn this. So her -16- .” Newton. It has its effect every time we do anything. whether we like it or not. and use it to our profit. Here are some examples: A window cleaner brings a small benefit to one household at a time. of which the poor African villagers seemed to have been surprisingly ignorant. For with the same measure that you use. Consequently his pay is low. they decided that this was the point at which they wanted to get off. planes fly.only to find themselves bouncing and rolling down the road themselves! Fortunately none were hurt. This Law is one of the most fundamental laws in the universe. As the truck was bouncing along down some dusty track. but still to only one client at a time. in many different forms. and the difficulty of replacing you. Luke 6:38. the number of people to whom you bring it. pressed down.Step 3 . one of the original and greatest motivational teachers. Lets see how it works in a financial sense: Your income is and will be directly proportional to the benefit that you bring. and running over will be put into your bosom. So instead of hammering on the side of the truck to signal to the driver.Passion. But because of the long and arduous training she is rather more difficult to replace. This law pervades the entire universe. and underlies just about everything that we do. and the incident provided them with some great stories to relate to the friends and relatives. and it will be given to you: good measure. And once you fully understand it. So what does this have to do with making money? Absolutely everything. It is through an understanding of this law that cars drive. shaken together. “For every action there is an opposite and equal reaction. It is a relatively unskilled job." Jesus. A lawyer or doctor brings greater benefit. But Earl Nightingale prefers to see it as a wonderful demonstration of the Law of Cause and Effect. and rockets are able to land on the moon. it will also be the means to your own financial security. Here are some of the most famous. It has been stated by many people. it will be measured back to you. they simply climbed out of the back . tells the story of some Africans riding in the back of a truck. and Maths E arl Nightingale. depending on the type of circumstance that they were describing. and so it is easy to replace him. Why did it happen? It is easy to point to their lack of experience with fast moving forms of transport.

But be clear that it is in that order first you provide the benefit. To expect otherwise would be like telling an empty fireplace. I will put the logs on.7 Steps to Freedom by Noel Swanson income is above average. Instead it is about positioning yourself so that you alone are the one that provides the unique benefit that the company depends on. it is very hard to become financially independent as an employee . but to millions of readers. The same also applies to star-quality actors. and 3) is scarce. -17- . here is how you do it: Become the best employee there is . your reward will follow. Is a World Class football player really worth more than a skilled doctor? Surely the doctor provides a greater benefit to people? Yes . skilled writing is fairly uncommon. then your reward will follow. Getting this combination right is the maths. so his income can be quite large (in fact. The trouble is. as sure as the sun will shine tomorrow. proportionate to the number of readers).they expect the pay rise or the promotion first.the greater the benefit the better. before they will put in the extra work. Don’t just do “grunt work” that anyone could do . If you can do this.such employees simply get taken advantage of. This is especially true in employment . the greatest number or sales or clients. Step 3 A best selling author brings a small benefit (a few hours entertainment). Also. all your efforts are primarily going to benefit someone else . the best ideas.find a niche in which you become the expert or the specialist. in the end. entertainers.become so indispensable to the company that they cannot manage without you. or cannot be easily provided by someone else.namely the business owner. not hard. and sportsmen and women. If you are in employment and wish to rise through the ranks. And there are only so many hours that you have that you can exchange. It is not necessarily about working all hours of day and night . 2) can be supplied to as many people as possible. If you can get it right. And yet so many people expect just that.but the problem is that it is to only one person at a time! So. But work smart.for the simple reason that. The reason for that is very simple .” It does not work that way around. The maths is simply wrong. how do you apply this if you want to make some serious money? Clearly you need to find something that: 1) provides benefit to people . “you provide the heat and then when you have done that. then the rewards follow.the deal is that you exchange your hours of labor for money. Produce the highest output. then.

training tapes and videos. then if it is tedious. You are much more likely to persevere. so that they benefit more and more people. that it is not so much work. Much better to find a niche where people are begging for your service . you will probably find that most millionaires have worked very hard to build their fortunes. There is. to make enough money to become financially free is going to take some work. Then the maths is right. Or. however. most would probably tell you that they love what they do. and then find a way to make it pay! Passion + maths = freedom Lets look at some examples: You love teaching .whether that be a hungry crowd desperate for a burger. So get the maths right. handicapped.g. You love skiing . than if it is a total bore. or even millions? This could be done by books. Yet if you asked them. the only way to make more. And why not? You are much more likely to put in the hard work if it is fun. to achieve this. or that bring great stress. If you look around. Or you could develop a business in which you help other people to be successful. So why not. thousands. and see it through to the end if you are passionate about what you do. is to find a way to multiply your efforts.perhaps filling a niche market for a particular type of skier (e. as second side to all of this. It is no use putting all your efforts into something and then finding out that nobody wants it. Why do it when there are so many enjoyable things to do. Could you set up some kind of tourist operation . have fun while you are doing it? This is what I call the passion. or collectors desperate for football or pokemon cards. Most could probably be described as workaholics.7 Steps to Freedom by Noel Swanson Step 3 Consequently. to put it the other way around .do what you love. Whatever means you choose.but teaching a school class has the wrong maths. Network (or multi-level) marketing is wonderful tool for doing just that. By its very nature it is -18- . you will also have to provide a service or product that people want.but being a ski instructor doesn’t pay. What about finding a way to extend your teaching to hundreds. You could volunteer at the local homeless shelter and be rewarded with a warm fuzzy feeling about how much you are helping them. Find something about which you have a passion. I believe that life is just too short to be spending it doing things that you hate. Clearly. school/business groups) or destination (undiscovered and exotic locations. and/or large conferences and seminars. Life is supposed to be fun. at least. But also find something that you love. off-piste powder tours)? You love helping people. as play.

or do you prefer to just be given a job to get on with? If you could do anything at all. then you are on the high road to both success and happiness. The joy is in the journey. the more you yourself will earn. “My mission (or purpose) in life is to _____________________ (do something) -19- . So at this stage I don’t want you to be worrying about the maths. You could be employed by a company to develop their products . All you have to do is to fill in three blanks in the following statement. You have probably noticed that many companies are developing mission statements to help them to focus on just what it is they do as a business. or joint venture with someone who does like networking or selling. There are two points to consider here. or are you more artistic and intuitive? Are you good at leading others. We will be looking more at this in a later Step.7 Steps to Freedom by Noel Swanson Step 3 structure so that you more you help others to build successful business themselves. is worthwhile. The second is that happiness is a by-product of doing something that is worthwhile. So if you can find a purpose to your life that brings value to people. Think also about your personal character traits. it is a process. The first is that wealth comes from bringing value to other people. of doing something. What is your purpose in life? Now. Are you good at meeting strangers? Can you quickly put people at ease? Are you a strategic or analytical thinker. or fixing cars or cooking). So why not have a personal mission statement. what would give you the greatest pleasure and satisfaction? Do not limit yourself . You hate meeting strangers and having to talk to people you don’t know. Here is how you can do it (I am indebted to Joe Karbo's The Lazy Man's Way to Riches for this). and suits your personality and unique pattern of strengths. Note also that the notion of purpose is that of action. Your task for this week is to think about your passion. or programming. One way to think about this is to develop your own mission statement. In a later Step we will be looking at a number of vehicle or tools that you can use to make your money.or you could develop your own product that has value to many. and either use the internet as a tool to make it available to the masses. here is a question that might prompt some thinking. But you love working on a project .let your imagination take you where it will. or computer programming. What is it that you really love doing? What is it that turns you on? What are you good at? Do not think only in terms of skills (like writing. Life is not an end point. you might just find your life’s calling! To help you. lets just think for a minute.such as writing.

But don’t be limited by these. or be Table 2. many more. I will leave that to your imagination. Who benefits from what you do. When you find the right outcome. remember that the purpose of what you manage support enable massage validate encourage do is to convey some benefit to someone. With the right verb you should be able to complete the first stage: “My mission is to ______________ people. you will feel it resonate with your whole spirit and being. able to do as a result of your actions? Table 3 lists some ideas. Of course there are many. or motorists. but don’t be afraid to find guide organize assist heal prepare awaken your own verbs to use. entertainer. leader. Note that this might be anything form individual people right up to large groups. Table 2 lists some other possibilities. craving for drugs (never mind that they caused the craving in the first place!) So keep searching until you find what it is that you love doing. What is it you love doing help referee challenge with people? Are you a natural born teacher. Below I will give you some ideas.” Step two is then to identify the recipients of your actions. identify the desired outcome of your work with these people. keep brainstorming until you find your own. When you do. The list in Table 1 nurse acknowledge facilitate may give you some ideas.they relieve their Table 1. or what? Even if you prefer instruct soothe educate to hide away in your den working on a computer lead stimulate elevate liberate strengthen empower programme. and what provides me with satisfaction and excitement. You will say “Yes! That’s it! That’s what my life is about. mission. or even countries (if you fancy being Prime Minister!). In what way will this be of benefit to them? What will they have. influence refine coach inform serve discover encourager. if you are a mechanic.” Start with finding the right verb. then guess what? You won’t mystify enlighten entertain network expand find any financial reward in it. you have your completed mission statement: -20- . What you do. what I love doing.” aliens armies artists athletes audiences babies boaters boys brides burned cancer sufferers children gifted girls graduates grandparents handicapped homeless informed inmates listeners men millionaires minority groups nations parents patients poor retired scientists self-employed seniors sick singles teens toddlers viewers weavers women wounded choirs couples Finally. It might be an audience if you are an entertainer. there will be a “eureka” quality to it. unique. Even drug dealers provide a “benefit” to people . “My mission is to __________ ____________. If there is minister enroll enhance no benefit of some kind.7 Steps to Freedom by Noel Swanson __________________ (type of people you will serve) to _______________” (towards a goal) Step 3 Now all that you have to do is to fill in the blanks.

” “My mission in life is to discover new places to which adventurous golfers can travel.7 Steps to Freedom by Noel Swanson Step 3 “My mission (or purpose) in life is to __________________ __________________ to ________________” Here are some examples: “My mission in life is to mentor self-motivated people to achieve successful and joyful lives.” As you can see from these examples. At this point do not be thinking about how you will do it. Only then can you work out the quickest route to get from here to there. you have guessed it! Complete the blanks above. Keep doing so until you have something that makes you feel good. Hang in there! -21- .” achieve wholeness act find adventure appreciate art be responsible be healthy be fit earn explore have fun happiness hear experience joy laugh learn love play golf relax rest retire succeed swim travel Table 3. Life is a journey. --. In the Step 4 we will be looking at how to take stock of where you are now. How will they benefit? “My mission in life is to nurse children with cancer to die with dignity and without fear. the destination.oOo --Your task for this week? Yes. So far we have been looking at where you want to get to. Concentrate only on what it is you want to do. you can play around with the form of words to make the mission fit you. Next you need to know where you are now.

and the sequel “Cashflow Quadrants”. for example. your goal was to “travel to York. England”. I want to talk a little bit about how to create your own personal financial statement. do not rush over this. but the content is first class.) You can order them through Amazon. as it is to know where you are going. And an aeroplane might not be so appropriate if you are just down the road in Leeds. have clear. Income and expenses . if you are currently in New York. You will find a much fuller explanation of this in Robert Kiyosaki’s best-selling book “Rich Dad. most of your income probably comes from a job or other kind of -22- Figure 1Figure 1 . Suppose. goals written down as to what you want to achieve in the short. medium and long term. specific and detailed. Let’s look very briefly at both of these. be excited about the type of contribution that you will bring to the world. bus. or through your local bookstore. There are two parts to a financial statement. coach.com . ship? Doesn’t that depend on where you are now? It might be a bit difficult to travel there by foot. At this point of time. Once again. So. USA.Stop the Bleeding W < < < elcome back for the next step! If you have been doing your homework you should. It is as important to know where you are now. this week’s task is to take full stock of your situation. by now: know that you can achieve whatever it is you set your mind to. (They are a bit wordy and repetitive at times. England. I thoroughly recommend them. air. Before we start to look at the ways in which you will do all of this. the way in which you will make a difference to people’s lives. The income and expenses report (also known as a profit and loss statement). your current starting point. Before we do that. train. we still have one further preparatory step. How will you get there? Will you travel by foot. Poor Dad”. and the balance sheet (which details assets and liabilities).Step 4 .

-23- . So.arrow A. So. the financial statement of the rich looks like Figure 2. In other words. you are trying to get from Fig. repairs.one is to cut down on your liabilities and expenses and the second is to build up your assets. then that property would be putting money into your pocket. The trouble is. In contrast. it is an asset. They do this by passing their passive income through various tax efficient (legal) structures such as limited companies or family trusts. 1 to Fig. For example. if you owned a rental property. Unfortunately most of this money immediately flows out again. That is not what I call freedom. your car. you can quickly see that your house. you can see the direction of your cash flow: it flows in from the job. but the income stops. the rich also manage to sidestep most of the taxes as well. and loan interest. Cashflow of the rich Incidently.” In contrast to an asset which is “anything that puts money into my pocket.arrow B.7 Steps to Freedom by Noel Swanson Step 4 work that you do. This is what you are trying to achieve for financial freedom . and out through expenses and liabilities. and the rent your received was greater than all your expenses in terms of maintenance. What is a liability? Kiyosaki defines it thus: “A liability is anything that takes money out of my pocket. Some of this goes directly out as expenses (of which tax is the biggest one) . 1). and pretty much everything else you own is a liability in that they are costing you money every month. The rest goes on the various liabilities you have accumulated . In this you can see that the majority of their income comes not from their work. if you ever lose your job . your sofa. Figure 1Figure 2 . Clearly there are two ways to achieve this . but from the assets they have accumulated (arrow C).” From this definition.ouch! The expenses continue. 2 as quickly as possible. This income goes into the income section of your report (see Fig.having sufficient passive income from your accumulated assets that you can more than meet your everyday living expenses.

. since success is about more than just money. To do that you need to prepare your own financial statement. In addition. and you will probably need to put it as top priority on your priority list. for the first week. you also need to do an inventory of the other parts of your life. or it won't get done! -24- ..7 Steps to Freedom by Noel Swanson Step 4 But first you need to know where you are now. isn’t it? Ready? Okay. It comes in two parts. complete your personal financial statement. This is your task for Step 4. You will find the template on the next page. Once again it will require some work on your part . that is what separates the winners from the losers. so let's allow for two weeks to complete it.but then.

Preparing your Personal Inventory
Part 1 - Your personal financial statement
For the purpose of this, convert all your income and expenses into monthly figures, i.e. divide yearly amounts by 12, and multiply weekly amounts by 4.3 This is best done for your whole family rather than doing separate ones for you and your partner. Monthly Income
Make a list of all your current income. Include: a) earned income, such as (Where you can, put the Gross Earnings here - and put the deductions, such as tax and NI in the expenses column), Job, 2nd job Tips Self-employment


Businesses in which you are heavily involved for their day to day running

Subtotal b) passive income, such as, Benefits: child benefit & Tax credit, disability allowances, social security, etc.

Interest on savings.

Dividends from your investments.

Businesses from which you receive an income, but are only a sleeping partner, or minimally involved in terms of day to day management.

Other investment income (you can either list the net profit, or you can list the gross income here, and also the expenses - such as the maintenance on your rental property - in the expense column)


Overall TOTAL INCOME -25-

7 Steps to Freedom by Noel Swanson

Step 4

Monthly Expenses
This is the tough one! The challenge to honestly list all your expenses as they really are, not as you wish they were! Subdivide into the following categories: Tax, Social security, National Insurance, council rates, Daily living Groceries and other regular shopping Clothing Rent Communications Land and mobile phone charges Internet service provider Utilities - Water, sewage, electricity, gas, House maintenance Repairs, redecoration, replacing carpets, looking after the garden, replacing windows, new kitchen, etc. Insurance Buildings and contents Life, accident & sickness, disability, Private medical Professional indemnity, employer’s liability, etc. Pet Leisure activities Entertainment (pub, cinema, meals out, pizza deliveries, videos) Sports - gym and other club memberships, equipment, travel Holidays Gifts, e.g. Christmas spending (often substantial), birthdays Travel Car - petrol, servicing, MOT, insurance, road tax Bus & train passes and fares Car depreciation Smoking and other drugs Loans Mortgage Car payments Other hire purchase (sofa, boat, caravan, etc) Credit card interest (be honest!) Boats & other toys - depreciation and other running expenses Other commitments Alimony & child support fines Exceptional expenses - every month there is some expense that is unexpected, or a one-off. The strange thing is that there are so many of these unexpected expenses that you need to budget for (expect) the unexpected (e.g. the boiler/furnace breaks down, a window breaks, etc.).




7 Steps to Freedom by Noel Swanson

Step 4

Here you list everything that puts money into your pocket - either by providing an income, or by going up in value. In the totals column, put how much you could get for it if you sold it today. Put your own house here, but do not put your car or boat here unless they will genuinely go up in value over time, and you also put an entry for depreciation and running costs in your expenses column above. You will understand your finances better if you put your boat and car in the liabilities section.


Your house Pension Rental & investment properties

401-K, RRSP, ISA’s, Savings bonds, premium bonds etc.

Stocks & shares


Businesses you own or receive dividends from Precious metals and gemstones Other



7 Steps to Freedom by Noel Swanson

Step 4

Totals Liabilities Here you list everything that takes money out of your pocket. Put the total amount that is owed as of today. Short term debt Outstanding amount on credit cards

Overdraft Other bank loans and financing (car, boat, sofa, etc) Long term debt Your mortgage Business loans Mortgages on investment properties Cars, Boats, Toys and trinkets (although these could be sold for money, and therefore
could be considered assets, they actually take money out of your pocket in maintenance and other expenses, so they are really liabilities. Enter them here. If they have a present day value (e.g. a boat or car worth $5,000) do two things: 1) enter a negative value in the column on the right i.e. they are a liability of -$5,000, and 2) at the same time enter a monthly value for depreciation in the expenses column above. For example if the boat or car will only be worth $3,800 next year then its depreciation is $1200 per year, or $100 per month. Put $100 in the expenses column.



what do you do with these figures? First do these sums: Monthly savings = Total Income . valid Will? Life insurance (Have you reviewed the insured amounts?) Disability and/or critical illness insurance? Have you planned for avoiding Inheritance Tax (In Britain IHT will hit you if you have assets over £250.e. “Income $100. happiness. well done! Now use those to start building up your assets. $100. but I am probably wrong) said: “Income.Total Expenses Net worth = Total Assets . expenses $99.Total Liabilities Your Retirement Quotient = Passive Income/Total Expenses = ____________ = ____________ = ____________ yes / no yes / no yes / no yes / no yes / no yes / no If your monthly savings are negative you are in serious trouble and need to do something NOW! As someone (Bernard Shaw I think. -29- .7 Steps to Freedom by Noel Swanson Step 4 Financial Security Do you have: A current.000 including your house!) Do you have multiple streams of income that will see you through in case of unemployment or economic depression? Now. Your Retirement Quotient tells you what percentage of the week you can take off (i. expenses $101.000 you probably need to be thinking about planning to avoid inheritance tax. If your net worth is greater than $250. result. If your monthly savings are positive. misery” Most likely you need to find some way to cut your expenses. result.

e. Your Relationships. Obviously.. go part time). After that we will start to develop Your Action Plan. then 1/3 of your expenses are covered so. your passive income exceeds your expenses. Until next week. once your RQ exceeds 100%.WELL DONE! It is not easy doing all that! But tell me.covering topics such as: Your Health. For example. -30- . Your Children All of these are important if you are looking for true FREEDOM.7 Steps to Freedom by Noel Swanson Step 4 retire.500 and you are receiving $500 a month from your investments... i. If you have got this far . theoretically. did you learn something? Was it something of an eye-opener where all your hard-earned money is going? Next week we will do the second part of this step .000 per month. then you can fully retire.. if your monthly expenses are $1. you could cut down your working week to earn just $1.

the “law of cause and effect” being chief among them. But real success is about living life to the full. Money is a tool towards success. Just a fancy way of asking “where am I now. So what is he doing now? Still slaving over his business? Absolutely not! As he says in “Seven Secrets of the Millionaires”. If you focus just on money. Of course. Look at the coins and banknotes in your pocket. Then you can map out your own destiny. Weaknesses. So why are they “worth” so much? Purely and simply because people say -31- S . It never ceases to amaze me how most people just muddle along in life with absolutely no idea of where they are going.Your personal life till with me? Wow! You are definitely well ahead of almost all of your peers. it is just an idea. So. Opportunities and Threats) analysis. When do you get off the gravy train so that you can do the things you really want to do. about enjoying rich and rewarding relationships. you need to decide how much is enough. what do I have going for me.Preparing your Personal Inventory Part 2 . before you even start on your journey to riches. Or seeing the world. making a difference to the people and community around you. you can very quickly take charge of your life. it is time to continue with what business people call an “environmental scan” and a “SWOT” (Strengths. Which is exactly what you are starting to do. and what is getting in the way?” In the last lesson we did this for your personal finances. Like spending time with your family and friends. where they are now. How much are they really worth? What would you pay for a piece of paper about 6" x 2"? Or a disk of metal weighing about a 1/4 of an ounce? What would the recycling plant give you for them? Nothing probably. This week it is time to look at personal relationships and health. and neglect to build up other areas of your life. Or pursuing your sports or hobbies. Over the space of 8 years he made himself £10 million. then you will end up just like Scrooge: rich and miserable. Stuart Goldsmith is an excellent example. as you will have learnt from The Midas Method the reason is that they have been deceived into thinking that is simply their lot in life! Yet once you understand some very basic principles. and how they are going to get there. and much less known is this: Money is not real. 2) Equally important. Why personal relationships? There are two very important reasons: 1) Success is about much more than just money.

when it gets passed around from one person to another as a token of agreements being made and fulfilled. What can block your flow? Pretty much anything. The creative energy is blocked. this is where it gets a bit metaphysical. And -32- . In fact they are about every aspect of your life. Flow can be blocked. for exchanging value between people. therefore. The first is when you are in the Flow. A suitcase of banknotes under you bed is worth nothing. how much lighter and freer did you feel? That clutter was literally blocking your flow. and either I have to make it right again. then the agreement between us is soured. Because of this. Have you had times when everything just seems to be going your way? You are on a winning streak. Money is worth nothing unless it is moving. The Flow has ceased. It does you no good at all. When it was like that. or you will be pretty angry and will never deal with me again. The better you are at that. It is only worth something when it starts to move . the more you will make. Everything works out. if you get blocked in one part of your life. But there is still more. Wouldn’t you rather be in the Flow than out of it? Well you can. a mechanism. of that agreement. it will affect every other part. In the end. did you feel the weight of it on your spirit? And when you finally got around to cleaning it out. and it can be released again. Now. The money that passes between us is just a record. the second is when the Flow is blocked. So if you want true success. If anything. When you buy a book from me. And this in turn depends on the agreements that people make with each other. Both are about more than money. Wealth is therefore about FLOW. have you had times when the garage or the garden shed are just full of clutter and junk? So much so that you can barely get into them? I know I have.7 Steps to Freedom by Noel Swanson Step 4 and believe they are. Money is merely a tool. making money is. When you exchange your note for a bag of potatoes. it is a bit of a fire hazard. It is very much tied in with the notion of agreements. and you feel confident and in control? And then there are times when you just feel stuck. the only reason the merchant will go along with it is because he believes that he will be able to exchange that same piece of paper for some goods that he wants. and that is what this week’s lesson is about. If I fail to do so. you do so on trust that I will deliver value to you. It really is like some kind of spiritual force. you will want to make sure that every aspect of your life is an open channel for this mysterious Flow. or token. For example. all about honouring agreements with people. Nothing goes right.

Overweight . Remember that wealth is about honouring your agreements . No.8 = 3.. Now divide your weight by your height squared (72/3. etc) three times a week? Do you drink more than an average of 2 units of alcohol per day? (Be honest. The questionnaire below will help you to do that.including agreements you make with yourself! In fact. Multiply it by itself (1.g.Underweight .80m = 5' 11). cycling.even your finances! Your task this week is to identify and then start to sort out the blocks in your life.g. do you need to do something about your weight? Do you smoke? Do you get a minimum of 25 minutes sustained aerobic exercise (e.8 x 1. 1.Obese .Healthy . I mean really honest!) Do you drink more than 4 cups of coffee.24 = 22.2) . be honest with yourself as this is entirely for your own benefit. Then take your weight in Kg (e. walking..7 Steps to Freedom by Noel Swanson Step 4 in some mysterious way.Very Obese Yes/no Yes/no Yes/no Yes/no Yes/no Yes/no Yes/no Yes/no Based on this. Note that this is an ongoing process that you will need to be reviewing regularly. we will start with your own agreements before going on to agreements with others.g. Your Health Do this sum: write down your height in metres (e.5 18-5 to 25 25 to 30 30 to 40 over 40 . that would be putting a block on all areas of your life . This final figure is known as your Body Mass Index (BMI) and is an indication of how fat you are! So now you can compare your BMI with the following table (note this applies only to people over the age of 18): BMI Under 18. tea. running. Once again. or cola a day? Do you eat at least five portions of fruit or vegetables each day (I bet you don’t!) Do you take any “recreational” drugs? If you are over 40: Have you had your eyes screened for glaucoma in the last 5 years? -33- .24). 72 kg = 158lb).

Sorry about the language. set your self some Midas Method goals to deal with it. high blood pressure. diabetes.. If you are a smoker. But in the long term it will come around to bite you in your ass. Not only is your smoking costing you money everyday. Not to mention your health and fitness. Here are some challenges to work through: Make a list of all the people with whom you have some type of unresolved conflict whether it is from the past. well done! If you scored less. but also it is cluttering up your flow and so is harming your finances much more than you can imagine. If you scored 10 or more. Cheating yourself or others may work in the short term.so you now have no excuses left! ( Do it now . police etc) Unresolved conflicts are the same as broken agreements . etc) are you following the prescribed treatment regularly and correctly? Do you eat fish at least twice a week? Yes/no Yes/no Yes/no Yes/no Give yourself one point for each correct answer (you know what they are!).7 Steps to Freedom by Noel Swanson Step 4 If you are a woman: have you had a cervical screen (Pap smear) done in the last 3 years? Have you had a dental checkup in the last year? If you have know medical problems (heart disease. Click on these right now: Guaranteed Way to Stop Smoking and Quit Smoking Right Now Your Relationships Integrity is the key to success.don’t put it off again! Look. but it’s true.they seriously impede your flow and will prevent you from achieving true success. Resolve NOW to do whatever it takes to resolve the conflict. -34- .. One or other of these should sort you out . it really is time to stop! Go over to my website and check out the Guaranteed Way to Stop Smoking and Quit Smoking Right Now. or is still going on as an active argument: Immediate family Relatives Colleagues Friends Bosses Authorities (taxman. I am serious.

they don’t deserve to be forgiven.) Your Children The problem with children is they demand the most time and the most money just when you can afford both of these the least! Once again.it is only yourself that you are harming by failing to forgive. Now think about those that you count as your loved ones and your friends. then get a friend or counsellor to help you. But it is absolutely the key to freedom . Even so. go and do it. Yes.” And it is usually the poorest parents who say that. you (and your kids) will reap rewards if you make some effort -35- . This is another quadrant 2 activity. but it will more than pay for itself over the long haul. I know . then do so . Truly “the sins of the fathers are visited on their children down to the third and fourth generations” as it says in the Bible.or even a holiday together.we get him everything he could want.7 Steps to Freedom by Noel Swanson < < Step 4 If you need to apologise. but for generations to come. < If you need to forgive (you probably do). (Just as an example . Not for their benefit. investing time. If you cannot do it on your own. < If you need to own up to something. If you need to put things right. I know that if you have had some serious trauma or abuse in the past that this can be very hard. Don’t let it be squeezed out by the “urgency” of all the other things you had to do. It may cost you in the short term. Like everything in life.a bit of marriage maintenance now might prevent a very emotionally and financial expensive divorce in five or ten years. but for yours. do it. so trust me on this. then pay the price and do it.and not just for you. You cannot afford to have relational clutter messing up your life. thought and energy into raising them right. including making money. And especially don’t make the common mistake of working long hours to buy them everything they want. (My best friend and I planned a special holiday to celebrate 20 years of friendship. They would much rather have you than the toys! In the clinic I always cringe when I hear parents say “He doesn’t want for anything . But these are solid Quadrant 2 activities that will pay emotional and financial dividends for many years. will save money and heartache down the road .) < Let them have their way for a change! None of these will immediately put pennies into your pocket. bite the bullet and tell the truth.and I am a consultant psychiatrist. What have you done recently to celebrate that friendship? Here are some suggestions: < Buy some flowers unexpectedly < Write them a short note or card to express what they mean to you < Arrange for a special evening or day out .

put next to them what you want to be instead. For example. positive. As you have probably realised. Don’t know where to start? Then have a look at my book. picture (visualise) for yourself some situations in which you would want to demonstrate your new. the reality is that life is a life long project). You will not complete all these exercises in a week. for each of these. Then for each of these. So. you don’t need a mansion.g. Time to take a look around you. character traits. You don’t have to be perfect. you lie. and sort them out. your are unreliable. and if you can learn and apply them. And it might take you some time (after all. you increase your children’s chances for happy and successful lives a hundred-fold. and so on. you will have to be happy with yourself. “The GOOD CHILD Guide”. you give in and don’t say “no” enough. No. But this is an ongoing project. So here is a task: 1. but I would certainly agree with them that a well kept home will enhance your health. Make a list. But you don’t want to end your days as some miserable old “git” that nobody likes.7 Steps to Freedom by Noel Swanson Step 4 to learn how to be a better parent. Stuart addresses this in terms of self-belief in The Midas Method. instead of being angry. you may need some help with this. nor even a month or a year. For you to be successful. put them on you Midas goals. That is not the goal. You will feel so much better when you do. one at a time. e. Make a list of character traits that you are not happy about. and that affects your flow. It ‘s physical state affects your spirit. your procrastinate. The goal is to develop habits that will last a lifetime. your happiness and your prosperity. there are principles that apply. 4. Yourself Probably the hardest of all. you might want to be more easy going. this is all about developing a lifestyle of success. You get angry too easily. and do all those other little jobs that you have been meaning to get around to. and will pay you dividends over a -36- . are you still with me? That is quite a bit of homework I have given you. Finally. 3. do you? 2. The health visitors I have taught believe it should be compulsory reading for every parent! Your Home Alright. But you do need to throw out all that junk! Sort out your wardrobe. No you don’t need to be obsessional. Once again. But once again. Now. Your home is where you spend most of your hours. repair the guttering. Put them one at a time on your Midas goals. I am not sure I go so far as to go along with the Feng Sui practitioners. and work at them until you achieve success.

and somehow. Don’t. magically. Do them now. these are all Quadrant 2 activities. The temptation will be to put them off until you have enough time. It is called getting into the Flow.7 Steps to Freedom by Noel Swanson lifetime. you will find you have plenty of time. -37- . worry and guilt happy and successful children peace and contentment money Step 4 As I have said. See you then. dividends including: < < < < < < greater health and longer life happier and more fulfilling relationships less stress. In the next Step we start to put together your action plan. You will never have enough time. make the time for them.

So what was the difference? The only difference was the motivation. would you be able to walk along it without falling off? Sure you would. especially those with kids. this week we will really start to rock and roll! But first lets just review how far you have come. That is what most of your friends and acquaintances are almost certainly doing. the reason why. Until your reason why is strong enough. By now I hope that your dream is starting to dominate your thinking. -38- . That reason is your dream. would be rushing down that plank to rescue the little one. Let me give you an example: If I were to lay a plank of wood. eh? Now. It is also what you will continue to do unless you have a strong reason to do otherwise.Step 5 . what if it were suspended 100 feet off the ground between to tall towers? With no safety net. That is why I spend so much time emphasising the dream and the goals. The easy thing to do in life is to drift. down on the ground.Your Plan for Security O kay. Why? Because it is your dream that provides the motivation to succeed. say 9 inches wide by 30ft long (25cm x 9m). the chances are you will not do what it takes to make the money you desire. Would you walk across it then? No? What if I offered you $30 to do it? How about $150? What if your little nine-month old baby was crawling along the plank and was about to fall off? I am guessing that most of you. How about if it were raised a foot (30cm) off the ground? No problem.

Believe me I know it .Developed your Dream Step 2 . With this you can have the confidence that whatever life does through at you. So now it is simply a question of finding the right tools to plug those holes. So far you have: Step 1 .Written down your Goals Step 3 . This is important. purpose in life Step 4 .Developed your own. you need: -39- .I’ve been there and done it countless times myself . then run. you will quit. But the car is a write-off. The first stage is this week Step 5 of the plan. very shaken. although. Once you boat is watertight. then prosperity.and wasted years in the process! But back to business.. You do not need to take excessive risks to become free. Fortunately she is unhurt. and then work backwards Your death What happens if you die? Will your loved ones be looked after? Will your possession go to the people you care about? To make sure.. unique. Walk. which is to develop your action plan for prosperity. or your loving partner might develop leukemia. you will do okay. You already know that life holds no guarantees. If you don’t.7 Steps to Freedom by Noel Swanson Step 5 You have to be constantly reminding yourself of the reason why.see Rich Dad's Prophecy). You might do everything right.to develop your plan for security. what can you do to protect yourself? That is the goal of this week . In the face of all this uncertainty. This is your action plan. First security. I am sure. You will survive. even as I am writing this I have just leant that my sister has flipped her car over. pull out Step 4 and lets look at it again: We will start with the worst possible scenarios. when the going gets tough. as it is only when you have this kind of confidence that you can safely embark on Step 6. It will be done in two stages. this is quite likely as we are well overdue for it . then you can attach the outboard engine to it.Identified your starting point (where you are now) Now it is time to find a vehicle that is going to carry you to your destination. or. and the second stage is Step 6. You just never know what is around the corner. or there is another great depression like in the 30's (actually. In fact. So. and then be hit by a bus as you cross the road tomorrow. From Step 4 you will have already identified the holes in your security.

You can either buy a printed one from a stationers. You also have no option for any kind of tax planning. then we will also pay you a performance bonus of Z. 2) Life insurance. For that peace of mind you will pay us a monthly/yearly premium of Y until either the term expires or you die. In the old days whole life insurance was very common and probably worked quite well.99: It really is easy. These days you want to avoid it like the plague! Just get term insurance to cover the unexpected. Whole life is a combination of insurance plus savings/investment. If you make it to the predefined retirement age. If you are in the UK. you are still a single student) or you are already financially independent then you can miss this out. ” So term insurance is pure insurance that protects you in case of the unexpected. No will is bad news write one now. 25. In addition. the do-it-yourself route works perfectly well and is a lot cheaper. or you can use a computer program that guides you through the process and then prints out your will at the end. If you live longer than that. So how do you do that? These days you can either do it yourself or get a lawyer to do it. Term insurance basically says this: “If you die at any time in the next 10.normally to your nearest kin. try this one. we will then pay out to your estate the minimum sum of X. then hopefully you will gain on the investment part. You will need to get a write-yourself-a will kit.” Whole life assurance (which comes in many different guises and names) says this: “You pay us a monthly amount of Y until your retirement. There are basically two types.g. 40 years (the predefined term) then we will pay out to your dependents or your estate the fixed sum of X. the insurance kicks in and they pay you the guaranteed minimum. -40- . and look after your own investments for your retirement. We will invest this money (usually in the stock market or in bonds). If you die sooner than expected. it is only £9. if by then we have made enough profit on the investments.7 Steps to Freedom by Noel Swanson Step 5 1) A valid will. Often the process can take a long time. so don’t put it off another day. Unless your affairs are very complicated. When (not if) you die. If you have no dependents (e. Without a will your possessions will be disposed of according to the prevailing law of the land . then we will pay you a cash settlement dependent on the value of the investments. whichever comes sooner. Everyone else needs life insurance.

In Britain you have to pay 40% on everything over £250. and what your expenses will be down the road (for example will the mortgage be paid off). -41- . Your independent financial adviser can help.asp US: http://www. How do you arrange it? See an independent financial adviser who is not tied to any one particular company.his £200 fee could save your tens of thousands. You need independent advice. horrendously high. you need to review it every time your circumstance change . eg. ready to pay out.com Then. so get a good one.000 in taxes. What if you are severely incapacitated and unable to make decisions for yourself. If it is more complicated than that. you need it. You need to be thinking about setting up a power of attorney and perhaps a living will. This is not about getting the cheapest deal.especially if you have more children! Once you are rich you can cancel the policy. Until then. That does it for death planning. if not permanently are. You want that company to still be there. Don’t scrimp . in 20 or 30 years time. When choosing an insurance company . This is particularly true for occupations that require manual work or mobility. Then multiply that figure by a factor of 10-20 to get the level of insurance cover you need. But with simple planning you could easily save yourself over £50. but also that due to your aging.7 Steps to Freedom by Noel Swanson Step 5 How much cover do you need. This is about getting the safest deal. not a hard sell for one company! Or go for one of the online quote brokers. for the UK: http://www. and for how long? You need to work out how much your family are going to need to live on if they no longer have you to bring home the bacon. and add in a factor for inflation.co. Check them out first.go for rock solid. How long do you need it for? You will need to consider the age of your children.uk/main/index.000 (which is not a lot if your mortgage is paid off!). Obviously the longer the term. once your insurance is in place. 3) Inheritance planning. If you have any decent Net Worth you need to take some advice on how to minimise death duties.insure. whether your partner will go back to work. the more expensive the premiums as they have to cover not just the increased risk due to time. statistically.quotelinedirect. But what if you are just injured or sick and unable to work? How long could you survive without your regular income? The chances of you becoming incapacitated for several months. Standard Life is perhaps the most solid of them all. see a specialist tax adviser.

Pay the minimum on all your other debts. exactly as much as you wrote down in b). see if you can have the entire balance transferred to a new card at 0% interest (they often offer this as a 6-month enticement to get you to switch cards). see if you can repeat step c). Renegotiate this so that each month you are paying back the sum in b). or you will end up in even worse debt.always working from highest interest down. This is vital. You will probably find that by doing so your mortgage will be gone in just a few years. And ALWAYS paying off at least as much as you wrote down in b). Ideally you want to have enough money set aside to live on for 3 months. no interest. and then put everything else towards the credit cards. or you might even decide that you do not need it after all! You will never be free if you are a slave to instant gratification. CLOSE the old accounts. account. c) If there are a lot of credit card debts. your monthly repayments will be less. then your first priority is to pay off the debt. Seriously.then you can either negotiate a special price for paying cash. It is crucial that you still pay off. Pay cash instead. if you -42- . g) Eventually you will be left with just the mortgage. e) Because you have transferred your balance to a new. including mortgage. However. Start putting some regular savings aside into a high interest savings account. then start on the next debt . If not.7 Steps to Freedom by Noel Swanson Check out this article (US perspective. each month. you can probably pay off your entire debt.asp To protect yourself you need: Step 5 1) Cash in the bank. f) Once the credit cards are paid off. without any increase in your income. b) Write down how much you are paying each month in debt servicing.com/content/Retirementandwills/Planyourestate/P34945. then go without whatever it is you were trying to buy. in just 7 years. By doing this your credit card balance will rapidly reduce. You don’t need it. if you are deep in debt. If you have no cash.msn. save up for it . h) Of course this will only work if you STOP SPENDING money that you do not have! If you want something. Hopefully you will have paid it all off before they start charging you interest again. d) Now tear up your new credit card. Once you have done this. Here is how: a) Look at all the debts that you listed in your balance sheet (Step 4). If you choose to. but applies more or less everywhere): moneycentral.

The other variety protects you in case of unemployment. if you are old. lower paid job. It seems cheap. Check it out. depending on how secure your job is! So. again. waiting. or until a certain age (normally retirement age). but less useful are various types of critical illness or accident insurances. The cost is more if you opt for a shorter waiting period (which is why you are better off with some cash in the bank). Unless you pay extra premiums. Step 5 2) Income protection or disability insurance (goes by different names). The problem with these is that they pay out only for certain pre-defined illnesses or accidents. rather than to your old profession. you will need someone who is independent to guide you through it. Cheaper. Might be worth considering. This comes in two varieties: One pays off your mortgage if you die. If you are off work with the wrong illness. you get nothing. If you become ill or injured and are unable to work. very expensive . There are very many different types available so. in a high risk job. or have various risk factors. You may also be offered mortgage protection insurance. We will pay this until you are back to work.” This type of insurance is. period (anything from 2 weeks to 6 months) we will pay nothing. but is usually more expensive than plain ordinary term insurance. to summarise. The amount we pay out may or may not be linked to inflation. we will then pay out the following: “For the first. We will not cover you for any illnesses or disabilities that you already have. If you work for the government there is a high chance that they provide this type of coverage as part of your employment package. Avoid pure accident coverage. Get the latter. This again seems cheap.7 Steps to Freedom by Noel Swanson want everything NOW. After that we will pay out X per month. here is your shopping list this week: 1) Write a will (and think about organ donation) 2) Review your life insurance -43- . unfortunately. provided this is not more than a certain fraction (usually about 2/3) of your normal gross monthly earnings.simply because they have to pay out so often. then we could insist that you go back to an easier. but is actually relatively expensive considering how limited the coverage is. This says: “Pay us a regular monthly premium.

.uk/main/index. We will continue Step 5 next week.com/ukwills.co.. free.com/estate/ http://moneycentral.7 Steps to Freedom by Noel Swanson Step 5 3) Review your disability/income protection insurance 4) Do some inheritance tax planning 5) Pay of your debts and put some regular savings aside as an income cushion.7stepstofreedom. 6) Put some regular savings aside as an income cushion. They have useful worksheets to help you calculate how much insurance you need.asp Great source for UK insurance quotes Don't put this step off! It might be tomorrow that you are hit by that bus. although from a US perspective. -44- .html This will redirect you to will-writing software that costs only £9.asp Both of these offer good.smartmoney.quotelinedirect. 7) Consider a living will and power of attorney Here are some useful links to help you with this: http://www.99 http://www. http://www.msn.com/planning/home. advice on estate planning and insurance.

Live for Success! L ast week you started to put into place your plan for security. we can be a bit more up-beat. This week. your sex life . what you need. This really is very simple. The goal is to remove all the things that are blocking your flow. Last week we were preparing for the worst. I know it is difficult to stop. Naturally. your fitness. Naturally this will take some time. 2) Get a low-fat cookbook and experiment with some of the recipes . I strongly recommend the book Health Defence by Dr. Clayton for a proper. STOP SMOKING! You know it is crazy to carry on . Right? So now set yourself the goals of turning those “no’s” into “yes’s”. due to oxidative damage. On there you will see some questions that you answered either “yes” or “no”. it is becoming clear that the effects of aging are. Make sure you get the best . this week we will prepare to avoid the worst. none of these are present in the artificially products. Go back to “Step 4 continued”. to a large extent. help is at hand.and it costs you money while it does this to you! Look. Furthermore. not created in a laboratory. very readable but very well researched account of nutritional supplements . This can probably be prevented to a large degree by making sure we consume sufficient anti-oxidants . So. Get it.you will find they taste just as good as the high fat junk you are used to! Also think about adding some quality supplements to your diet. over the last 100 years the sperm count of healthy males in the USA has dropped by 95% simply because of the poor diets we eat. your good looks. Furthermore. Mostly we dealt with the unpleasant realities of death and incapacity. Click here and take a look a GUARANTEED way to quit smoking. and why. You have probably tried a dozen times and failed. your taste buds. Modern food is desperately short of good nutrients.found in fresh fruit and vegetables. the evidence continues to mount up about the dangers of over-processed foods and high fat diets. -45- . R. so put it onto your Midas Method goals and get going: Here is some help: 1. Indeed. in the herbs that so far we know nothing about. you will never achieve it. there are probably a whole host of other vitamins etc. At the same time.what they do. but if you never start. Why? Because in some cases the organic vitamins and minerals are much better absorbed and utilised than the inorganic ones.produced from pure organically grown herbs and vegetables. But don’t go for any old supplements.Step 5 cont. . fortunately.it ruins your health.

With this programme you really have no excuses. you will start to feel better and more confident yourself. although 1 glass of red wine a day is good for you as it contains high levels of flavanoids that protect you against various cancers etc. Then they dressed them in quality. If you need to apologise to someone. canoeing (can be done on rivers. There has been some very interesting research about the effects of first impressions. and the rest. lakes and the sea). None of the businesses recognised them. they took some volunteers. is in they way they think. sailing. ice hockey. and find a whole new dimension to life. it has become absolutely clear to me that the biggest difference between the rich. and then go along to watch or ask questions. tennis. will open up many doors you had never before considered possible! 8) Resolve you relationships with family and friends.it is much more fun to keep fit by doing a sport than by going to a gym. You will meet new friends. If you have not used it in 2 years . not them! Over the years. squash. and there are so many to choose from! Ask at your local library for details of local clubs and courses. If you really (and I mean really) cannot find the time to do this. So why not use this to your advantage? Not only that. 6) Clean out the garage and basement. windsurfing. go and do it . Here are just a few ideas: mountain biking. and optometrist/opthalmologist for your screening checks. 7) Make a decision to start dressing for success. 5) Go and see your dentist. It affects their self-worth and -46- . If you need to forgive. They sent them out to the same places. and maybe added some jewellery. They first dressed them in rough. both as a psychiatrist and as a businessman.it is only hurting you. In one. football. doctor. and many. climbing. did their hair up. How you dress does affect how people treat you. then take a look at Get Fit While You Sit. hill walking and rambling. and what opportunities are open to you. 4) Cut down on caffeine. but when you start dressing smartly. This. many more. The difference was unbelievable. plus the greater respect from those around you. go and do it.throw it or give it away! The same with all your junk in your bedroom and wardrobes. marathon running. smart clothes. badminton. golf. martial arts. 90% of people are trapped by their thoughts.7 Steps to Freedom by Noel Swanson Step 5 3) Take up a new sport . casual clothes and sent them out to a variety of high street stores and restaurants. Nearly all off them treated them with much more respect and attention. archery. netball. and alcohol. The restaurant that was “fully booked” now suddenly had a table free. swimming. fencing.

you are going to have to invest something in your personal development. Don’t let your false pride prevent you from having a happy and successful family. their marriages and other romantic relationships. You have already started to change your thinking by reading my newsletter. Do not miss the opportunity to do this course.7 Steps to Freedom by Noel Swanson Step 5 happiness. is that way that tools such as guilt. What rarely gets talked about. hire some extra tuition. take some parenting classes. take a look at a few of the hundreds of testimonials the course has received. their interactions with friends. I was talking to a friend about this just yesterday. bosses and colleagues. It's a MUST if you want a life!" Kaz Lemmon. One of his comments was how much more confident I myself had become since joining the Inner Circle. there is the usual 100% money back guarantee. To become wealthy. so what have you got to lose? Or are you not serious about your future? "A brilliant course. The GOOD CHILD Guide is an excellent. Remember. stick to your priorities. If you have The Midas Secrets (surely you have by now????) you will have already received the first month's teaching materials and will probably have already joined the Inner Circle. powerful and free. -47- . and so on are used by the powerful to herd the sheep in the directions they choose. Okay. and what really traps people. On my website you will also find suggestions and help for other behavioural and learning difficulties. Next week we start Step 6. We are done with the “boring” stuff. fear. But that only touches the surface. place to start. go and do so now.do what it takes to get it right. even essential. review your goals. The only place I have ever seen this so explicitly exposed is in Stuart Goldsmith’s Inner Circle. In this we will look at some of the money-making vehicles available to you. Poor Dad. and their bank balance. and by reading books such as The Midas Method and Rich Dad.. Read some books. and see you next week. If you haven't. It certainly opened my eyes! In fact. Tidworth 9) If you are having difficulties with your children’s behaviour or learning .. If you don't have The Midas Secrets (unbelievable! () then click here and get them both together. duty. What are they and which are the best? Do your homework. And while you are there.

and requires no thought. If you are already over 45 then time is something you are running out of. What does our Plan for Comfort consists of? Quite simple: month after month after month we put aside a regular amount of savings. That is the purpose of the Plan for Comfort. The idea of this is that it is automatic. I’ve been there and done it! If only I had known 10 and 20 years ago what I know now. The plan for security was no.000 savings per year. So while I am building my business. That would be $3. And make sure you teach your children to start theirs now too. But make sure you are sitting down. 15 or 20% return? Turn over to find out. But unless you lay the right foundations.. isn’t it? Last week you finished off working on your Plan for Security. So what would it be worth if you invested this amount. I am also making backup plans. at 5.. The aim is to get as high a rate of interest as we can. if you have not already done so. If that is your situation. It's goal is to provide us with a comfortable standard of living. But don't bury your head in the sand. Now. life is uncertain. then you have a big problem. 10.Your Plan for Comfort W elcome back! This week we really set the wheels in motion. By the time we have finished you will have in place three plans. Lets assume you are on a fairly average $30. Face the problem now. Too many things are out of our control. the house will just collapse .step 7 coming up soon!). -48- . and sort it out.Step 6 . But that’s what experience is all about. just in case. routine. It is essential that you start this plan NOW. (as I hope will be too .I should know. year after year. You see. this week we work on no. as it may get pretty scary! I am sorry if the last few weeks have been rather hard work. although the plan requires no thought or work. Take a look at the table below to see why: Suppose you put aside 10% of your income each year. 2.000 per year. your Plan for Comfort.. even if all our attempts to be prosperous or even rich fail. 1.. what it does require is time.

621 86.843 223.577 17.861 185.000 3.926.406 21.899 12.221 51.034 3.315 2.957 13.430 448.462 31.687 82.930 10.742 142.000 45.911 70.000 5.739 645.559 6.954 65.238 74.000 1.752 91.418 11.436 554.090 95.227 21.751 50.968 398.940 78.915 32.613 114.499 174224 3.000 2388 39.000 1.056 1.533 12.411 24.886 18.681 1.846 3.344 929.317 104.322 86.510 168.701 878.569 45.644 100.796 61.952 299.358 57.514 139.213 1.594 61.620 99.000 5% 150 308 473 647 829 3.256 122.098 35.150 6.738 151.426 105.325 26.080 34.005 100.868 139.115.554 9.062 361.980 6.256 1.290 23.184 3.849 115.832 2.555 131.392 9.066 49.781 5.494 1335718 20% 600 1.165 437981 15% 450 968 1.458 9.972 71.426 25.432 22. rate: 3000 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 6000 9000 12000 15.177 7.153 70.647 30.616 3.568 80.497 75.074 4.738 44.734 39.326 311.221 4.000 3934 4131 45.687 13.497 59.906 36.200 38.754 247.300 6.479 15.000 4.088 763.000 45000 45000 5813 6103 6409 6729 -49- .415 7.329.137 10.321 224.923 665908 3.139 55.600 7.104 330.432 27.686 89.448 43.657 42.308 37.518 43.782 45.371 74.741 164.654 30000 1.000 5.229 271.532 10.312.575 19.221 24.351 16.790 35.887 33000 2131 36.655 287.869 185.172 134.261 30.925 92.490 174.227 23.000 5536 45.775 217.468 664.723 27.320 2.939 4.812 52.955 15.448 110.525 56.000 2940 45.458 18.152 188.930 13.7 Steps to Freedom by Noel Swanson Step 6 Year Capital profit value profit value profit value profit value Int.000 2.920 13.000 3237 3399 45.397 74.649 502.272 45.334 126.315 20.548 129.465 5.146 577.695 436.161.748 46.865 62.020 21000 1.588 213.116 537.009.069 128.748 29.169 379.450 7.605.747 204.923 15.147 329.104 19.980 17.623 28.000 4.000 45.180 47.180 2.623 107.247 3.750 9.357 8.774.051 15.554 153.564 37.338.539 3995447 18.067 1.192 373.995 1.000 3747 45.958 7.338 45.485 11.817 2.736 67.287 774.575 20.000 45.011 267.876 93.620 44.363 462.197 39816 3.613 321.554 45.195 29.000 1.563 2.316 32.057 154.105 259.000 4.392 1.136 385.056 118.451 115.431 4.147 25.581 141310 10% 300 630 993 1.092 249.475 24.720 116.021 45.048 84.

out of savings (probably also the Stock Market.000). At that point. and value is the value of your portfolio at the end of the year (consisting of the previous end-of-year balance plus the new profit). health care). at 5% return. what do you think will happen to the invesment markets? Yes . there are fewer and fewer young folk having to pay to support more and more of the old folk. or property). we are putting in $3. But don't forget safety as well.take a look at your financial situation (from Step 3). profit is the profit earned that year. than when you have run out of both money and time at 70.after 10 years you are almost 2. So . Especially since inflation will have watered even that $30. In fact. So how does that work? Not only that. Moral: you must go for the very highest rate you can get.4 times better off if you are earning 20% compared to 5%. And if that has almost caused you a heart attack.but better to face it now. and out of the government (state pensions. Notice three things: 1) The dramatic effect of a higher interest . The problem is that there are ever more elderly people. live of your passive earnings of $30. i. but if all these retirees are taking money out of the investment markets in order to live.000+) after 18 years.000 a year for 30 years. especially at low interest rates. at under 15% interest you will never be able to retire. 2) The effect of time . I am sorry .it takes a long time for the profits to build up. even putting aside $3. it would take you 50 years to build up to a yearly profit of over $30. my pension or the government will look after me".000. a 4-fold rise in interest rates leads to a 2-fold rise in value after 10 years. map onto that your current age. the Stock Market). and you can see what your position is going to be when you are too old to work. Now before you say. "that's okay. $110. yet a whopping 14. they are going to start to take money out out of their pensions (i. instead of putting money into savings and into taxes.e. As a result. At the same time the younger generation will still be putting money into those things. consider this: The baby boomers (you are probably one of them) will start to reach retirement age (65) in 2011. In other words. as every percentage point makes a huge difference over time.000 a year for the first 15 years). 3) At 15% you can retire (i. with the bulk of them retiring between 2015 and 2020.6m v.e.5-fold increase over 25 years ($1.they will -50- .000 down considerably. and they are living ever longer.7 Steps to Freedom by Noel Swanson Step 6 The column labelled Capital is how much cash you have paid into the plan (in this example.e.

Who will pay for this? To meet all these expenses. on top of all this is the rising cost of medical care. in the above chart. the government will have to put taxes up. Confidence is knowing what you will do if it doesn’t". The other main option is to invest in residential property (e. Someone once told me that "Optimism is believing the best will happen. what do you think will happen to your pension???? Are you happy to rely on it? No. However.000 spaced out over 15 years. and are thus the most expensive to look after. less children to support them. And when the young folk see the market going down rather than up.000. but simply by the weight of demographics .more old people. The Plan for Comfort is supposed to be a conservative. For example. there are still some factors that would support a futher boom period before the major crash that will result from the baby boom crisis in the years following 2010. You could get the same result by starting with a lump sum of just $23. So where do you get a good consistent high rate of return? At present. we have put in a total contribution of $45. the best bet is still the Stock Market.7 Steps to Freedom by Noel Swanson Step 6 go down in value. Your Plan for Comfort (this week) is the foundation you build on that rock. leads to less taxes actually paid. what will they do? You got it . will leave to go to countries with lower taxes. That is why we all need a Plan for Comfort. at 15% interest. and those that run businesses.your secure foundation will ensure that you don't get washed away with it. Net effect: Stock market crash. given all this. But if the wind and the storms come (as they might). Your Plan for Prosperity (Step 7) will be the building you erect on that foundation. Why? Because time is working for you. you would have $330. The result is a business depression which.they will take their money out for safety. Then. And we need to start it now.000 and no further contributions. And it also needs as much pump-priming money as you can put into it. plus that fact that the elderly consume the most medical care. Caused not by fear or panic (although both will be there in abundance). in turn.g. I -51- . even if all else fails. and your house comes tumbling down . Your Plan for Security (step 5) is the bedrock for your confidence. So. At year 20. low risk strategy. Despite the bear market we have had over the past 2 years. houses to let). It is supposed to enable us to survive. To work it needs the maximum amount of time. nor am I. But rising taxes means that those with wealth. Steps 5 and 6 are about building confidence.

g. Set up a standing order so it happens automatically. our regular savings into the "system" . become very wealthy by investing in them. you can develop a system that could pay you.. I want to chase the latest "Hot Stock" that is all set to double over the next six months. If you set it up right.. others rather flat. So take care. No matter how boring a 10-20% return seems. a system. of course. And there is no great excitement in putting aside. You could stop smoking for example (I told you I would keep nagging you!) You will -52- .the "bottomless pit" my mother calls it. I promise. or. the system is just that. and STICK TO IT. sit on them. Whichever you choose. the plans for security and comfort are boring. and stick to it. But no. saying "I will start next year when I have a bit more money"... using a mortgage to multiply your investment. BUT. if your business takes off and you make your millions quicker than this. How will you manage without the money? You will. The trouble is. on average. in real life it is never are smooth and regular as that. TODAY. sit on them. you will find yourself very rapidly bankrupt. But if property prices should go down (as they did by 80% in Japan during the 90's). sit on them. sit on them. the system says buy these. Maybe more. indeed. what do we learn from this? 1) Get your comfortable plan in place..7 Steps to Freedom by Noel Swanson Step 6 would caution you on this one. Until we hit the next depression. Do NOT put it off. or speculate on gold or currencies. And sit on them. now sell them and buy these. over the long haul. anything with a bit of spice (and risk) to it. property markets to find some real bargains. All I have to do is to follow the rules and do what it says. If they continue to go up you can. emerging. like glue. every month. Wait until the crash and then buy as many houses as you can. So. You see. the reason you make so much money is because of leverage i. fine! But if not. Or look to new. Some years are way better. There is no excitement in paying the insurance companies their monthly dues. Sure. that is so hard!!!! I want to do it my way. You will find a way. If you put it off another year. No. Houses have gone up in value (like shares) for the past 40 years. the effect is the same. 10-20% interest year after year. I mean. Put that regular amount of savings away month after month after month. you will be another year older before you get to enjoy the profits. just keep plodding away. as whatever goes in there never comes out again. Start today. Hungary and Czech Republic) are prime examples. But. and your profits. you need to develop your plan. Get the picture? BORING! Don’t you wish you had started this 20 years ago? Now. or buy options on oil. gosh.e. The new entrants to the European Union (e. But. at least you have a back up plan.

and don't take it out. monthly savings that will. When you see the storm clouds gathering. not confidence. however. Once again. But if adversity comes you way . That is the only way the compounding can work. Now read it again. stays in. It really is like a hole in your -53- . your Plan for Prosperity gets you there quicker. run for cover before the heavens open and it all comes crashing down. regular.unless. Keep learning. Keep your eyes open. and you could get an average 15% return. Are you getting it yet? Put the money in. Do not put it off any longer. How to earn up to 20% on your investments Want to know how to do it? Okay. I must emphasise that you must do this.7 Steps to Freedom by Noel Swanson Step 6 be amazed at how much money literally goes up in smoke! In fact. build up to your retirement fund . your boring. 4) Keep your eye on the (financial) weather. over time. If your plan for prosperity does work. 3) Teach your kids.000 a year. see if you can guess how much a packet a day is worth over 10 years. you will be very glad that you took my advice! Tax . Then have a look here to see how close (or not) your guess was. Do not delude yourself into thinking you don't need it because your plan for prosperity is so sure-fire and risk free. The goal this week is to put together the nuts and bolts of your plan for comfort namely. you could retire in year 18. Read that last paragraph again.at least until your yearly profits are double what you want to comfortably live on. Won’t be much at first. The more you develop your financial intelligence. under any circumstances whatever. Imagine if you HAD started when you were 15? Just 10% of your income.the hole in your bucket The biggest hindrance to growing your wealth is tax. That is optimism speaking. Keep reading. it will work even if you are doing the boring plan for comfort. take anything out of your comfortable plan . Whatever goes in. That is why it was called the Bottomless Pit. and I hope it does. 2) Do not. if you were still living on $30. Even with the very best system you cannot just keep blindly putting money into it without any regard for what is happening in the real world. lets go. of course.and it can come from all sorts of unexpected directions. but start the habit and it soon will be. Using the table above. the lower the risk of being destitute when you are old.

perhaps. I am sorry. Of course. anything you do is at your own risk. Type 2 .7 Steps to Freedom by Noel Swanson Step 6 bucket .after-tax savings: You put your normal. then you may not have to pay any! This is the system used in Canada (RRSP's) and USA (401(k)). after-tax money into the scheme. the money can grow tax free. Tax-efficient saving schemes First. you then have to pay tax on it at the prevailing income tax rates. So your $70 of savings has cost you only $40 out of your pocket. it just keeps leaking away. One of the most risky situations to be in is to have no control over what you can do. you are allowed to). I am going to give you some suggestions to think about. But. This means that you can put more into your savings. you would likely be hit with a tax bill at the highest rate of tax. You earn $100. The savings can then grow tax free. and the rich. Furthermore. at this time I do not know which system other countries use. But suppose the storm clouds gather. Do your -54- . so we use what we can at this level.before-tax savings: You put your normal after-tax money into the scheme. these suggestions apply to middle class people who are either employed or self-employed. But right now we are developing your safety net. Once in. the drawback is that when you come to take your money out. So be careful. check out whatever government supported tax-efficient savings schemes there are. They are suggestions only. The big problem with the before-tax plans is that it is not easy to take your money out once you have put it in.no matter how are you work at filling up the bucket. consult a suitably qualified professional. Suppose the tax rate is 30%. Then you reclaim the tax that you had paid on that money. and can be withdrawn tax-free without penalty. so you pay $30 tax. you could inform me? Both types will have rules about how much money you can put in each year. and a major stock market crash looks imminent.do not rely on my suggestions. It is fine if you retire on a lower income (and therefore a lower tax bracket) than when you put the money in. if you have decided to retire to a sunny Caribbean tax haven. have many more tax advantages they can use. Most countries have them and they are normally of two types: Type 1 . So you have to be smart and tax efficient in how you set up your savings plan. This is the system used in Britain (ISA's) and the USA (Roth IRA). If you took all the money out at that time (if. I am not an accountant or tax advisor . but remember. . You put that $70 into the scheme and claim back the $30. indeed. leaving you with $70 in your hand. People who run or control large businesses. so if you have any doubts about what you are doing.

that it is a lifeboat in case everything else goes wrong. Then pass the profits up to the holding company for safe keeping. 401(k) etc) 2) Then think about the other ideas.sign up for one. or running a business. So this is what you need to do: 1) Open up your tax-efficient saving scheme (ISA. set up your monthly standing order and standing instructions.you need to get started NOW. they are at risk should your business go under. use them to their maximum. and be safe from any personal disasters you might face. or are resident in more than one country. -55- . it is safe. and under your control. and from personal bankruptcy and disaster by using carefully constructed Trusts. Using Trusts If you have a lot of money. you may find that it is better to leave your savings in the company than to withdraw them. This is your security blanket. That is to be avoided at all costs. the holding company should still remain afloat. The whole point of a plan for comfort is. if appropriate. so make sure that wherever you put your money. The way around this is to have a holding company that in turn owns. you may find that you can protect your assets from the tax man. is to get you money into a place where it can grow tax free. it will almost certainly be more tax efficient for you to form a legal company (limited company in UK. For the average person. If you do have a company. If the business goes down. But this is what the rich do . after all. as a subsidiary. This is very specialised so you must get advice. But get professional advice. Roth Ira.7 Steps to Freedom by Noel Swanson Step 6 research.so it obviously works. But be careful. over all. Read Robert Kiyosaki's books for more information about how this can benefit you. and forget about it (see below). If the savings are still owned by the same company as your business. know their limitations and. and then seek professional advice. from vindictive ex-spouses. 'S' or 'C' corporation in the US) and to pay yourself dividends than to be a sole trader or on a salary. Using Corporations If you are self-employed. so make it safe! Having said that . from inheritance tax. Your goal. RRSP. I will tell you in a minute what you are looking for from them. the company that runs your business. these schemes are a must .

you will invest in an Investment Trust or Mutual Fund. You will not get spectacular. and if they do poorly. Many of then will run their own scheme. It needs to meet the following criteria: Be suitable for your tax-efficient scheme (ISA. that is. These are the indices that you hear quoted on the news. this is not bad. consistent results. So. TSE 100. That means that if they do well. The good news is that this allows you to participate in the stock market.000 You do not have enough. Until the crash.in other words you will follow what the market as a whole does (as indicated by the market indices such as the FTSE (pronounced footsie). You set -56- . which. yet. or bonds (gilts in UK). all fund managers have a follow-the-herd mentality. certificates of deposit. T-bills. monthly sum by standing order. How much do you have? Step 6 Okay.000 $20. etc. will almost certainly give you a better return than fixed interest savings like bank accounts. here are the steps to take: 1) Find a good fund in which to invest. The bad news is that most.current investment of less than $20. Don't worry. Dow Jones. so will you. the S&P 500.000 + Follow plan A below Follow plan B below Follow plan C below Plan A . These are companies that buy stocks and shares in huge quantities. to invest in individual stocks or shares.$20. over time. national savings certificate.7 Steps to Freedom by Noel Swanson You cannot afford to dilly dally. but on average you will do averagely . the next question is how much do you have to invest right now? There are three bands to think about: 0 . no. You will still get excellent returns over the long haul. Instead. which is very convenient. Allow you to automatically invest a regular.000 $50. so will you. and then let you participate in what they have done. 401(k)).000 . Yes.$50. RRSP. you may have some phenomenal years.

you will just have to put it into an ordinary investment account and pay up the taxes when they are due. still put 10% aside. never. RRSP. buying the shares or units at the prevailing price at the time.000. and make sure that they are either nil . track record. You want solid consistency. When that happens. The company should have a proven. Management charges should be low (less than 1%). move onto Plan B Plan B .7 Steps to Freedom by Noel Swanson Step 6 up the order. First of all. there is a lot of sense in thinking about this: Many of them are not only tax -57- . Set it up so that it goes right after your pay arrives in the bank.current investment of $20. never. you probably have too much to put straight into a tax-efficient scheme. above average.they rarely perform well this year. Don't forget to see if you can use your children's allowances too. completely stop the monthly savings .$50. Some companies charge as much as 5% for you to invest in their fund! Check the charges very carefully. look for which company has been consistently at the top of the pile over 3. If all else fails. This is how much the company charges you each year for running and administering your account for you.000 . Commissions or other front or rear-end charges ("load") must be minimal. try to resist the temptation to lower the amount. 4) Set up your regular standing order for a minimum of 10% of your gross (pre-tax) pay to go straight from your bank to the scheme. Don't look for last year's stars . Actually. and 10 years. and they automatically invest it into the scheme. never. 6) Keep going until the total amount invested is worth over $20. A real pain. 3) Invest your initial lump sum in the scheme. So maximise the use of the ISA. 5. not hot-shot flash in the pan. Above all.000 At this level you have a bit more flexibility .using a company or trust.however little you are earning.and some more challenges.or that the charges go down to nil if you leave the money in for a few years. but the only alternative is to move to a lower tax country. 401(k) etc. Instead. Then investigate the alternatives . Don't forget to increase the amount whenever you get a pay rise! If you have a decrease in income. 5) Readjust your expenses so that you can live within your means. 2) Do the same for your partner.

this is what you do: 1) Find a tax-efficient scheme that allows you to make your own choice about what shares to invest in. looking for minimal set up and maintenance charges.then just invest in US shares (provided your scheme's rules allow it. There are now many. You will earn a higher return than Plan A. Then put into practice one of the smaller (10-share) strategies such as "Dogs of the Dow". when you could move to one of these places and live like one right now? Anyway. have a look at www. or whatever if you can). TD are examples. You are.but you don't want that anyway. So. So for not a lot of money you can live like kings. www.com for information on various expatriate havens around the world. Why struggle to become a millionaire. Take a look at the British Virgin Islands. Belize. These are known as discount brokers. back to the plot. The only thing that stops you is your fear.. In Canada this is called a self-directed RRSP. You are also looking for low trading costs (commission on buying and selling shares).co. many. Vanuatu. Follow 0'Shaughnessy's instructions exactly . and spread it evenly across the 10 shares that qualify. I know its boring. All they will do is take your instructions and act on them. 3) Find a non-tax efficient discount broker and set up an account for the remainder of the money (or use a company. Next year you will be able to put this into the tax efficient scheme as you will have a new yearly allowance. In England. but also they have lovely climates. provided you can find the information you need. Charles Schwab. companies that offer on-line or telephone trading at $29 or less per trade (some as low as $8). again. which is just what you want.. If you can't .7 Steps to Freedom by Noel Swanson Step 6 free. Note: these strategies will work equally well on your own country's stock exchange.sharepeople. Divide up the total amount that you have to invest. Goa (India).uk run a self-directed Maxi ISA.. 5) Get hold of How to Retire Rich by James 0'Shaughnessy. trust. but it still -58- . Isle of Man.. Just do it. Mutual Funds and Investment Trusts. Read it. 2) Invest the maximum amount you can into the scheme. and so on. Scottrade. fax. At this level you move on from investing in Unit Trusts.escapeartist.it is very little work. Don't try to second-guess the market.. Just follow the instructions. Philippines. 4) Set up your monthly standing order to go into the second account for the rest of this financial year. In fact. and a very low cost of living. Canadian RRSP's restrict the amount the you can invest in non-Canadian shares). Yes. They will not give you any advice about what to buy or sell . Normally you can do this by phone. or online. You now have enough to begin investing in individual shares. E*Trade.

probably the safest bet would be gold (if you want to read more about the likelihood of a depression. read Financial Reckoning Day and Conquer the Crash). that Reasonable Runaways has significant volatility. But that would mean you have to get into the game of trying to predict the market. Please note. I would tell you to keep your money in cash until then. We are probably even going to go into a depression as serious as the 1930's. sounds kind of like I am contradicting myself here doesn't it? I tell you to put your money in shares.e. On the other hand. Any less and you could be in for a nasty shock if luck is against you.but do you have a better plan? So how come your not already rich and free? -59- . just because the market has gone up for 40 years doesn't mean it will go up forever. the crash might not happen for another 5 to 10 years as predicted by Robert Kiyosaki in Rich Dad's Prophecy. just follow the rules. it may well be a rocky ride for the next few years. however. Maybe you will over the short term. Leave the thinking and predicting and speculating to your active plan-for-prosperity (next week). long-term plan.they don't! Second. which defeats the object of having a mechanical plan. But be warned. I don't have a crystal ball .and don't let any fancy market analyst tell you that they have . or the combination of the two). and maybe it won't earn 20% or even 15% or 10% over the next 15-20 years . But for your boring.4 of Plan B. And even cash might not be safe. no-brain. In fact. Leaders with Lustre. and then invest after the crash (always the best time). however. Hmm.000 Now you are really rocking. I. First. Follow steps 1 . put the money away each month and forget about it. But this is supposed to be a mechanical. In fact probably quite the opposite. That means that some years you may make a loss! Overall. if I knew for sure the market would crash next year.e. Then move on to Plan C. you should make 18-19% return. and you may start panicking that you are losing instead of making money. Particularly over the next 2 or 3 years as I personally believe that we are likely to have another serious market crash very. soon (i. then read James 0'Shaughnessy's book and do one of the big strategies (Reasonably Runaways. But you must view this as a long term strategy of at least 10 years. and then tell you the market will crash? Tricky. So. very. At this stage you can go for a full-blown diversified portfolio of 25 different shares. Plan C . perhaps in 2004 or 2005). mechanical plan for comfort. passive.000. Preferably 15 or 20.7 Steps to Freedom by Noel Swanson won't be 20% Step 6 6) Continue with this strategy until your total portfolio is worth $50.current investment of more than $50.

They will take a few days to set up. you are asleep and oblivious when the crash comes. and have a backup plan. this is all about getting your head straight. You are on your own and you have to figure it out yourself. So play for the long term. In fact. You can even learn to make money when the market is going down. That is the goal. once the plan is up and running on autopilot.you have to start pedalling the bicycle before you can start to steer it. That might cost you big-time if. so stop worrying about it and go and get a life! All three of these plans require minimal work. After the crash they will work again. Hopefully. Remember this is your long term back-up plan. So. That is not the goal. The disadvantage is that they are completely mechanical and require no thought. You can literally forget about them from year to year. before too long will probably start to take a more active interest in your plan. namely following the market each week according to some pre-defined rules. It won't make you rich. this is my suggestion (and it is a suggestion only. get to work developing your financial intelligence. let me ask you one thing: Are you actually going to do it? Set -60- . but it will require more work. Follow O'Shaughnessy's instructions exactly. I am not your financial advisor.7 Steps to Freedom by Noel Swanson Step 6 As you can see.Your Plan for Prosperity! STOP! Before you go. There are NO guarantees in life.thinking about it will only make you stressed. The advantage of these systems is that they are completely mechanical and require no thought. you will have learnt enough to be able to protect yourself from it. In the meantime your lifeboat is in place and you are allowing time and compound interest to do some work for you. You can probably quite easily get a higher return than these (20%+) with greater safety and less volatility. by the time the crash comes. Hopefully it will prevent you from being poor. The will work excellently up until we have a major stock market crash. Especially forget about it during the rest of the year . and then you just forget about them from one year to the next. so can accept no responsibility for how much you win or lose by doing this): Start the plan NOW. This is your Plan for Comfort. That is what this is all about. if you do devote yourself to developing your financial IQ. You can literally forget about them from year to year. But none of this is applicable to your plan for comfort at this stage. Don't wait to know more before you start . See you next week for Step 7 . as a result. Then. Okay there it is: now you need to go out and make it happen. Follow the instructions religiously.

Alexander Elder (another psychiatrist. In fact. And it takes so long.yet rarely followed! Also get hold of Robert Kiyosaki's Rich Dad's Prophecy. by the way!). Want to read more about this principle? Get hold of The Wealthy Barber. These are the best books I have ever read on how to invest (and I have read plenty). or The Richest Man in Babylon. Step 6 Do you know why I say that? Because it is so boring . I mean. Beside you "can’t" spare the money right now.10. -61- . Essential Stock Market Books The plans described above are completely mechanical.7 Steps to Freedom by Noel Swanson up your comfortable plan. 15. Two excellent books that have been widely read . Who wants to wait that long to make some decent money? But you know what? 10. They are absolutely essential reading. And when then do. I think you would be stupid to try to invest in the stock market (other than by a mechanical plan as above) without first reading them. You need know nothing about the stock market to operate them successfully.. do it now. If you are having any thoughts at all about playing the stock market in any way. you must first read Trading for a Living and Come Into My Trading Room. it is probably better if you don't. will you still be broke like you are now (And like 95% of everyone else)? Wishing you had started this 20 years ago? Or will you have a tidy sum in your investment account? Don’t put it off.there always seem to be much better/easier ways of making money than putting 10% into savings each month. I bet you don’t. both by Dr. In fact. 15 and 20 years will pass.. 20 years. since you are then less likely to fiddle with them!.

Perhaps none of these will suit you. A bicycle will get you to the nearest convenience store. If you do that. at least. and stops you getting side-tracked. However. you shouldn’t complain if it takes you where you don’t want to go! Dreams and goals do two things: 1) They keep you on track. some of which are a lot easier than others.Step 7 . of course. But Dreams and Goals. But you need a jet or a ship to take you to a different continent. Confidence? Your plans for Security and Comfort are about confidence. I will start with what I believe to be the very easiest ways to make money. You need a vehicle. -62- . but hopefully they will. and then work downwards. they do fall into a number of categories. Without the passion inspired by the dream. the vehicle you choose depends a lot on the destination you have in mind. here it is: your Plan for Prosperity. But note again. This week we start to plan for the best. remember?). 2) They keep you motivated. If the bus you are on breaks down. you won’t get on the bus that goes somewhere else. in themselves. or find another means of transport. act as a spur to find your own vehicle for success. If you don’t then living your life is rather like getting on a bus without first checking on where it is going. you would probably just sit down beside the road and hope that someone comes to rescue you. Remember we talked about Optimism v. Which will suit you will depend on your dreams. There are. If you know where you want to go. as many ways to reach your goals as there are people. you will do what it takes to either find a different bus.Your Plan for Prosperity A t last we are getting the meat of it! This is what you signed up for in the beginning wasn't it? I hope you realised now how important it was to cover all the other stuff first? So. Your Plan for Prosperity is about Optimism. won’t get you there. and on your mission in life (Step 4. This week we are going to look at some different vehicles that you can use to get to your goal. By now you will have (I hope) some clear dreams and goals. Over the last few weeks we have been planning for the worst.

Both of these make it ideal for the keen and determined newbie. Well I had to put this as number 1 didn't I? There is so much hype about the fortunes to be made on the internet. if you are to be the one that makes the money from the service you provide. But if you get it right. in order to make money. work hard. they might employ various search engine optimisation strategies. To do this they need to advertise. however. through which business can be conducted. in order of preference: 1) The internet. People who are selling products or services need customers. the reality is that it is like anything else . Or they might buy their position through Google Ad-words. In the end there is nothing special about the internet. But there are many ways of doing the above. and the greater the number of people. To do this.7 Steps to Freedom by Noel Swanson Step 7 Ultimately. and so quick to produce results. you can become very wealthy indeed. You don’t get rich working for other people . The greater the value of that service. The beauty about it. and persevere. you will have to provide a service to people. you are going to have to run a business of some sort. like newspapers.the majority of websites make no money. How do they get traffic? Here are some of the many ways (in no particular order): 1) Get listed on the search engines . Almost always their goal is to attract people to visit their website where they will. here are my suggestions. It is just another medium. But what is the truth? Well.com -63- . in turn.you just make your boss rich instead! So what business can you run? Having looked a countless numbers of businesses. direct mail. be induced to buy. They can only get customers by getting the word out and telling them about their products. radio and TV. So how do you make money on the internet? Essentially you have to do one or both of the following: a) sell a product or service b) sell advertising There is no other way. or Overture. the more money you will make. is that it is so cheap to get started.and then find a way to be at the top of the list. Except in very rare situations.

Then. But again. most will provide regular emails. -64- . 6) Encourage word-of-mouth advertising by giving people some inducement to spread the word. and some other excellent affiliate programs). or as someone who provides services or products to assist in the above process. they will want to sell to that same customer again and again. With my program. These sales people are called affiliates or associates. Better still. way to start making money on the web. free ebooks and other tips and tools to get you up and earning money as quickly as possible. Now. and then pay them a commission for each sale. Here are some ideas to get you started: 1) Join an affiliate program .either as a seller of a product yourself. there is a host of ways in which you can get involved in the above list . if you don't want to waste a lot of time and really want to make the big time.50% commission. 5) Recruit other people to sell on their behalf. You can get started with absolutely no capital. if the web pages get a lot of traffic themselves. for example. 3) Send out regular email newsletters to people who have expressed an interest in their product. you can earn commissions simply by branding this ebook and giving it away free! How hard can that be? And yet. or company. 4) Buy ads in email newsletters that go out to thousands of opt-in or paid subscribers. Often this is done by giving away free samples or free information (ebooks) and is termed viral marketing. But that is only worth doing. once they have successfully sold to a customer.7 Steps to Freedom by Noel Swanson Step 7 2) Buy banner ads on other people's web pages. you will earn 15% commission on everything they sell! A good affiliate program will provide excellent training on how to become successful after all it is in the company's best interests to make you as successful as possible. if you want to make money from the web. if they then become affiliates themselves. Joining an affiliate program is probably the easiest. They will normally do this by repeated e-mailings to their client base. you would be wise to invest some money on further training and education.such as my own (click here for more details about my own. and certainly the cheapest. service. every time someone buys something as a result. 7) Sell the product by auction using Ebay or similar. you will earn a 40%. Like mine.

ice skating. they will start to listen to. it is money well spent. Take a look at anonemailer. it was these tapes that got me started on my journey to internet profits .for example. games. All of these work. It can be about anything in the world. The great thing about Google's ad sense is that the adverts automatically customise -65- . plus the fact that they walk you through every step of building a successful content-rich site. that attracts many visitors. 2) Develop your own mailing list of opt-in subscribers. And you can get everything in-between . movies. Commission: You get paid for each sale. "Instant Internet Income Streams for Ordinary People" gives the information you need to do this right. by providing some kind of free service.so make your site interesting . At first sight this appears expensive. the more money you can make by selling advertising on your website. You get paid for the number of times the ad is shown . and how to avoid the common mistakes people make. But the bottom line is that you need lots of people to show these ads to. or better still. 3) Develop your own website. your advice and recommendations. or suggest products from which you will earn a commission as an affiliate. One with a lot more content is. At this point you can then sell advertising space in your newsletter. when you work out the cost of all the services they provide. this is for building a contentrich site. not a mini-site (more on those later). Why not start a newsletter about your hobby or other passion? As you develop a loyal following.you get paid for everytime someone clicks through on the ad. But the more visitors you can get. if you are going to make some money . Note.so I can highly recommend them from personal experience! Click here for more info. knitting. and trust. or the number of people in a mailing list. A quick word about advertising: There are three payment models that are commonly used: CPM: this means Cost per Thousand Impressions. However. pets.this could be the number of visitors to your site.on football. In fact. skiing. How do you build a content-rich site? My recommendation is to go to Site Build It. but clearly have pros and cons. etc.7 Steps to Freedom by Noel Swanson Step 7 Frank Garon and Terry Dean's tape set "Instant Internet Income Streams for Ordinary People" explains step by step how to get started. etc. This is the affiliate model. This is the method used by Goodgle Ad-sense. of course. full of content.com for an example of a very simple site that attracts people for the free service. Again. PPC: Pay per Click . Yahoo. the CD series "How to Harvest the Gold from your Mailing List" explains it in even more detail.

7 Steps to Freedom by Noel Swanson Step 7 themselves to the theme of your web site. B2B . they might be worth your consideration. whatever. to find a niche that has a desperate need that is currently poorly met. etc. you would be far better off looking for small niche markets like teaching your parrot to sing. tools.lest any of the internet gurus start accusing me of libel!). One way of using this strategy is to put up hundreds of different mini-sites. skips. how much would that earn you? To do this quickly. But. Highly recommended! (See how they have been successful in promoting word-of-mouth advertising?) 4) Sell your own product or service. each focussed on one niche product. hairspray. yet are rarely talked about in internet marketing circles. Sex. however. pneumatic drills. and online gambling is a close second. search engine optimisation.$10 a day. Click here to see how I can save you a bundle of time and money in getting your niche mini-sties up and running in no time. services or information to other businesses to help them to succeed. you need some tools. a boat. and Health are major needs that everyone has. pornography is the biggest.Business to Customer . e. I will be quick to point out that I have no personal experience of either of these. Essentially this falls into two types: B2C . a car. 5) Not for the faint hearted.it might be a novel. Obviously Money. Have a read of this free ebook for more information about how to find and use niche markets. -66- . But the point is that there are countless tiny markets waiting to be filled. Even better. I know.Business to Business . as a newbie. There are two other businesses that earn people huge amounts of money. so cannot point you very far in the right direction. Examples include: accounting services. or how to collect bird feathers. autoresponders.you sell a retail product or service that the ordinary man in the street wants for personal reasons . a newsletter. Be aware.g. if your morals and ethics permit you. graphic design. I am quoting silly examples. Do I hear a shocked intake of breath? Are you astounded that I even dare to mention them? Well. The good news (of course!) is that I have put just such a bundle together for you.you sell component parts. But. But if you had a hundred. Why? Because most people would be too embarrassed or ashamed to admit that they are involved in them in any way (and most of them are NOT involved . The key to both of these is to find a niche. What are they? Well. Each site might earn only $5 . tools that help automation. or how to be a better transvestite. and so there are huge industries trying to exploit these "niches".

time is money). but either it will be of poor quality. so it is ideal for starting alongside your regular day job. you can quickly find a lot of information. your willingness to pay money to learn from others rather than trying to re-invet the wheel yourself.$3000. you will end up spending more and wasting much more time than if you had purchased quality stuff in the first place. In other words. especially on the web: Information can be: Free Quick Good but rarely all three. or you will have to spend long hours hunting for it (and remember. different from mainstream marketing. persistence and. So be very careful about what you go for. then you are probably well advised to buy a full package of advice and tools.7 Steps to Freedom by Noel Swanson Step 7 that the tactics and methods used to promote these businesses are very. you can fit it around your normal daily schedule. or sets you off in the wrong direction. or you will have to pay for it. Click here for information on starting an online casino. If you want good quality information then you will either have to pay for it. And do stay on the right side of the law. It took Frank Garon eight months of hard work and a lot of hours before he was able to quit his full time job. probably most importantly. There is a very true maxim about information. which might cost you $100 . I do have something that could get you started. once again. okay then. That in itself is a problem as you just don’t know where to start. Remember also that often the most expensive information is the stuff that comes free (apart from this ebook. How long it takes you depends on your determination. Oh. of course!): If it is bad advice. So. do your homework before you dive in. If you are really serious. very. than to try to do it on the cheap by -67- . How long will it take you until it is paying you a full time wage? Do not expect to be rich overnight. There is loads and loads and loads and loads and loads and loads of information on the web about how to start and run an internet business. But that's all I am going to say about it! Starting your own internet business Developing an internet business is very flexible.

The big advantage of Real Estate is the leverage you can achieve very easily through mortgages. or else rent out. for example. Check the location.99 or whatever. The resources I have recommended above are invaluable. So if you get it wrong it can be a slow and very painful death.g. the same applies for every other business .7 Steps to Freedom by Noel Swanson Step 7 picking up little ebooks here and there for free or $9. you don’t need anything else to get going and to become successful) So. then you would be better off just investing the money in the bank. where do you start? My recommendation is to go to someone who knows what he is talking about. how do you get it right in real estate? Do the sums. location. So check things out. if you make any money. 2) Investing in real estate. done it. so don’t be afraid to buy their expertise. These guys are the very best. the NET rent (after all maintenance and management costs) needs to pay more than the cost of a 100% mortgage (this is true even if you are not using a 100% mortgage). for example. Get them. has been there.the Golden Mailbox. It is a real estate business that uses hamburgers as its tool. and is able and willing to share it. So. is not a hamburger business. If you rent out. will cost you some pennies. At an auction you can easily end up paying MORE than the property is worth. you are going to be involved in real estate deals. but once you have it. That means that any rise in its value is money that you are making out of thin air! It also means that if the property goes down in value. location. Carry out your due diligence. repossessions. Auctions are a good place to look. So why not use them to make your millions? Probably more people have made there fortunes from property dealing than any other medium. Then you need to either renovate and sell at a profit. again. This means you can buy them below market value. Obviously this eliminates most of the risk. If it pays less than this. that are in an area that is clearly on the way up. It is not difficult to buy properties for no money down. McDonald’s. (Actually.e. -68- . then you might have to pay out money if you want to sell it. But be careful. Sooner or later. Ideally you want to find properties that are being sold in distress . Also go and visit Frank Garon and Lee Benson.

A quick sum on the back of an envelope is fine for deciding whether an investment is worth looking at more carefully. People say that property will always go up. not now. etc. And then they wonder why their "perfect investment" is eating them alive! Clearly. you have to do it accurately. perhaps a major one. So do your research and studying now so that you are ready to go when the opportunities strike. The best way of all would be to get a job as a real estate agent.7 Steps to Freedom by Noel Swanson Step 7 Then you repeat the process. The average length of a property bull market is 7 years. legal fees.providing you with a very comfortable passive income. how to survey a property for yourself. In the space of two or three years you can easily build up a portfolio of a million pounds worth of properties . What is more. you are probably going to want to have a portfolio of income producing properties. Also is is probably not a good time to get on board as an investor. and then calculate your projected profits or losses.you need to know how to recognise a good and bad deal The only way you can do this is to crunch the numbers. Don’t be reckless. one absolutely essential tool that you need for this is a Real Estate Profit Calculator. First do the preparation.it is a great time to be an agent. here are my recommendations: Take the time to learn the business. This one has been going on for 10 years or more.e. You also need to supplement that with learning about how to invest for yourself (i. A very common mistake that people make is to neglect to include all the incidental expenses involved in an investment .. Ultimately. That is not true. Don’t be just optimistic. You have to do your research. Learn about financing deals. You should do these calculations with your -69- . Just one point of warning. But it is not enough if you are about to invest thousands of hard earned dollars. taxes. and even the selling costs. as more sales means more commission. you have a plan for if it all goes wrong). A good one will prompt you for all the important figures. That will be the time to buy. renovations. this in itself will not be enough. landlord-tenant laws. Stay out of a deal until you are confident (i. However. to retire. At some point there will be a correction. At the moment (2004) we are in a property boom. Start with Robert Allen's book. Look at lots of properties before committing to buy . not just how to sell to other people!). broker's commission. That means two things .. local planning permission rules. In Japan property prices have gone down by 80%. allowance for vacancy rates. therefore. So. By working in the field you will rapidly get first hand knowledge of it and get paid at the same time. if this takes your fancy.e. taxation.the buying costs. Remember luck = opportunity + preparation. Do not try to jump into this as an amateur. Also look here for ideas on how to buy with no-moneydown.

I will do all of this entirely at my own expense at no upfront cost. depending on the size of deals you area wanting to start off with. Don't try to do real estate investing without it. Only when you have done all of that. most ordinary companies are absolutely dreadful at marketing. this proposition carries no risk to the company . You can get your profit calculator from here.7 Steps to Freedom by Noel Swanson Step 7 optimistic figures (e. Similarly. can you make a sensible decision as to whether a particular investment has an attractive risk-reward profile. All I ask is that if I earn for you a $1 that you would not otherwise have earned. wouldn't it be lovely if the restaurant presented her with a large bouquet of flowers? So how about you approach the restaurant and flower shop and broker an arrangement between them so that the restaurant can offer this service to their clients? Naturally you would take a cut out of the deal . (But then that is true of every business. that you will give back to me just 25c. 3) Become a Joint Venture broker This has got to be one of the ultimate ways of making big money with no downside! Suppose. how much you hope prices will go up each year) and also your most pessimistic figures (how bad could it get?). so once you know your stuff. You will have to be confident of what you know. but it demonstrates the principle. As you can see. you do a deal with a company that goes like this: "I will give you advice and suggestions on marketing tactics and strategy.yet offers to you enormous leverage if you can get it right. realistically you are going to need a bit of capital to get started in this. making this kind of money should be easy. -70- . and you would have to protect your interests in setting it up. and confident at approaching people and selling your proposal to them. And you will have to be prepared to work first. if you take your lady to a restaurant for a special occasion. Far better than just charging an upfront. And you also know of an excellent flower shop. Now.g. you know of an excellent restaurant. Obviously this is a very small example. Clearly you will have to do some studying first. if you can become an expert on marketing. one-off fee.the only fee being that they give you referrals and endorsements to their own contacts so that you can build up a client base.and you would receive this percentage year after year. Although you can do no-money down deals. for example. You will need to be an analytical and creative thinker. Then you might have to do some jobs completely free of charge. Who does this suit? Obviously you have to be the sort of person who can go out there and make it happen. However.) Apart from your initial learning costs. and only earn later. I will even design specific campaigns. your capital requirement for this is very low.

Why have I put this in the number 4 slot? Because it has unlimited upside (Ted Nicholas made over $200 million off just one product!) Requires minimal time. Or you can buy them wholesale. exactly how you are going to run it. as it is all done from a distance. again. and I will point you in the right direction. It is not a people business. you need not have any contact with anyone if you so choose. Remember that most people are NOT on the internet. tell you exactly what to do and how to do it. more distant market.you can get started for under $1000 and build it up from there. In fact. alongside your day job. Why? Because the statistics show that 90% of conventional businesses fail in the first 5 years . and for an internet business. but if you can put more money into it. You can create these: ink and paper.e. then you can grow it much faster (which is true for pretty well any business). unlike the first business. so there is a huge market offline for the same information that is selling online. if you follow them then you can achieve your dreams. However. and do. -71- . and has low risk. it can very effectively enhance both of these . naturally. The principles are very easily learnt and. Who does it suit? Once again. has been used by countless people to haul them out of servitude and into the ranks of the wealthy. until it provides enough for you to retire. allows you to multiply your efforts for maximum profits. It is very time efficient and. this one can work for pretty well anyone. That means you can run it in your spare time. Click here for more details. again. It does also require you to come up with some products to sell. information are ideal.bringing your online business to the huge offline market. and requires no technical ability. often in a very short time. Indeed. you are pretty much on your own with this one . (But then that applies to just about every other business I can think of!) Risk is low .but 90% of home businesses succeed! This business does have a bit higher start up costs than a pure internet business but. The principles and techniques of direct mail are also invaluable for both a conventional offline business. It can be started on a shoestring. and bringing your offline local business to a much wider. So how do you get started? The very best way is to work through The Golden Mailbox by Ted Nicholas and Stuart Goldsmsith. i.by that I mean you have to work out for yourself.7 Steps to Freedom by Noel Swanson Step 7 How do you get started in this? Send me an email. 4) Direct Mail and Mail Order My next recommendation is a home based business. It is a very easy business to run. Both have made millions from the business so can.

Works great for the sales agents (that's you) also . In pre-internet days. of course. but also on recruiting more people to sell products as part of your team. except that it goes several layers deep instead of just two.and the people they recruit . Now. And you can grow your team much faster than every before. to be honest.like soap or vitamins) that it wants to sell. they decide to use sales people who are paid strictly on commission. But they also give these sales people the authority to recruit more sales people. but well established type of home based business Network Marketing. this meant that you had to compile lists of all the people you knew who might be interested in starting their own home business. as with everything else.and further on.they just pay on results. therefore.7 Steps to Freedom by Noel Swanson Step 7 5) Network Marketing My fifth choice is much maligned.and you get a small commission on every item they sell! Works great for the company . and done diligently.provided you can build a large team. MLM) has come a long way over the past 30 years. The internet has. and your team. On the other hand. There is no question that done right. you either love it or hate it! But if you are thinking of dragging all your friends around to your house to hear you present something on a whiteboard about how they can make money from selling soap. the reality. the concept is simple: The company produces a product (ideally one that has repeat customers. And then they reward you for the sales made by the people you recruit . changed all of that. think again! Network marketing (also known as muli-level marketing. right. This is identical to an affiliate program. But still you need to be good at communicating. Rather than opening up an expensive store. Done. is that the majority of people who get into it never make a dime. goes not just on selling products. In case you are not familiar with it. and you can have hundreds of people out there selling stuff . and good at motivating people. or a consumable that is used daily . The business model is very sound. down through many levels (hence MLM). You -72- . Now your prospects. MLM can bring you a very substantial passive income. The emphasis. may live in any country around the globe. like a subscription. or selling by direct mail.

For all of them you will need commitment. Either way. Step 7 Of course there are hundreds of companies that now use MLM as their chief means of marketing. Some have been around for decades. Get hold of the CD set Network Marketing in the Internet Age by Frank Garon who. Are there other ways of making big money? Of course there are. None of them are a free ticket on the gravy train. do not waste time and money fumbling around trying to find a decent program. Next week we will look at some other ways to make money. You don’t have to be a genius. makes half his income from his MLM team. that they provide a lot of training and support to help you become successful. you will have saved yourself a lot of time. Click here for more info. And you will have to love talking to people. Hang in there and just keep working the system. Be wise and get the knowledge first. you may decide that MLM is not for you. Or. You will also have times of deep despair. Others sprang up last month. But these five. You just have to want your dreams badly enough. frustration and disappointment. you will experience times of excitement and exhilaration as you see your dreams getting closer. When you embark on them. a great product (that you would use yourself) and. I believe. Different things suit different people. after listening. Be very careful which programs you join. when you wonder if it is ever going to work. In the meantime. Quitters never win and winners never quit. so you should know about them and consider them. Want to know how to get started? Whatever you do. Then all you need to add is your own enthusiasm and determination. My guess is that one or other of these is just what you need. -73- . are the easiest and most reliable for the ordinary person to get into. This will absolutely get you off to the very best start. Make sure they have a strong and reliable history. perhaps most importantly. determination and perseverance. personally. a lot of money. right?).7 Steps to Freedom by Noel Swanson will still need to use the phone. check these five out carefully. and a lot of grief. nor do any of them guarantee success (which is why you are still working on your plan for comfort.

Also. you may have thought of this before. once you stop working. me. Success is 75% in the brain. .? If so. the goal is to leverage your time and expertise so that they work for you. and all your friends to become fabulously wealthy. Once again.perhaps as a senior technical advisor. After that he then starts a completely different business and becomes a multi-millionaire. can fit into a week. The only thing that stops you is your fears and your ignorance .More Paths to Wealth A re you starting to get excited about the possibilities? There is more than enough money in this world for you. Why does all that happen? He makes his first fortune because he is able to see the opportunities. But the key to making big money in this is in the way that you do it. the more opportunities you will see. But still. Are you an expert at what you do? Have you been working at a high level in a traditional big business . otherwise they would not think of hiring you. nor luck . what about offering yourself on a profit-sharing basis? Your work must be valuable to your client. Mistakes are not bad.and both can be cured! Keep reading. What you do not want to do is to offer your expertise as a flat fee or a fee per hour. or senior manager.it is the way they think. you are still limited by the amount of work you. Instead. The more you develop as a person. The business then fails and he goes bankrupt. then go for them! 1). or else they require much higher levels of start-up capital or specialist expertise. Now. The next time he both sees the opportunity AND has the financial intelligence to keep the fortune and even to make it grow. If you do that. etc. He learns from his mistakes. Consulting. So that value -74- . The difference between the rich and the rest is not their special skills. Keep listening to tapes. no matter how much you charge. provided you are willing to learn from them. your income also stops. These are either much harder and more risky than my top five. personally. or marketing director. Here is a common scenario: A young entrepreneur develops a new business and becomes a millionaire.Step 7 cont. nor their better intelligence. if they suit you better. then you might be able to branch out as a freelance consultant. He loses the fortune because he lacks the financial intelligence to safely manage his success. This week we examine some more ways of making money. and only 25% in the vehicle or tool you use to achieve it. and the more you raise your financial IQ.

you could negotiate with them for you to receive an ongoing percentage of either their increased profits or turnover. or else decreased expenses for them. In other words you work just like the lawyers do with their contingency fees . down. But unless you are very clever. it can certainly be the means to maintain and even multiply your wealth. I consider the number 1 most essential books to be those by Dr. Once again. year. Whatever you do. or of the amount your expertise is saving them. Remember. Whatever you do. -75- . It is very easy to get burnt. There are systems that work. But if you can improve their bollom line .if your consulting brings them no benefit. You will also find invaluable help from the tapes by Nightingale-Conant. you need to have a very disciplined system.as long as you also continue the boring Plan for Comfort. that is fine . Over the past 3 years the stock market has been going up and down like a jack-in-the-box. To do this you will need some training in marketing yourself. we have already talked about using the Stock Market for your Plan for Comfort. and in negotiating. To be consistently profitable. risk has to do with ignorance. However. he lost money too! Ultimately. you will be developing an investment portfolio. Then start trading with a "virtual portfolio" before you put any real money into it. The average man in the street . Start to develop your investing knowledge. don’t listen to your stock broker . But the sophisticated investor is making money. Either way. then they pay nothing. that ordinary people can use. as you become wealthy. Return of investment comes before return on investment! As I have said before. and a system. But you have to stick to them over the long term. but I can’t recommend highly enough the seminars and tapes produced by Jay Abraham.and indeed the average "expert" is losing money. 2) Investing. So how do you make money on it? Two things: knowledge. The most recent boom (most of 2003) seems to have come to an end and now the market does not know what it is doing. it is unlikely to be the means by which you achieve rapid wealth. How? By using different tools such as options and spread betting that allow you to make money whether the market is going up. or for as long as you can negotiate! To achieve this you will have to position yourself in the market correctly.then you receive a percentage .remember. as you develop your wealth through other means. It is expensive. Now. The best place to start? Go down to the library and start reading everything you can find about investing and the stock market.each month. the key to building wealth is first to not lose it! As Robert Kiyosaki says. don't stop doing that! If you choose to take up investing as your Plan for Prosperity. That is so important. or sideways.7 Steps to Freedom by Noel Swanson Step 7 must translate in some way into either increased income for them.

and limited upside potential (although you can still get pretty rich from some of them). The system now works.1 (from last week) you could already be retired by that time! Even then.they are merely -76- . you rent the system to other businessmen. McDonald’s is the example everyone knows about.but then the whole idea is that you are trusting them to do it right. my assessment is: high cost to get into. But there are much smaller franchises also.not to tie yourself down to having to go out there everyday to spray lawns or clean garbage cans! So. High capital to get started. But is it a good plan for the franchise buyer? Yes and No. Arrrgh! Don’t even go there! 80% chance of failure and losing all your capital. And you won’t make any money for the first 3. Then you usually have to pay ongoing fees to contribute towards the consolidated advertising budget. Finally. Get those first. or the money for the books. Be careful with the small ones (like wheelie bin cleaning. using the exact same formula. there is a cap on how much you can earn. But rather than risking your own money on it. two problems: First. Obviously if you can be the originator of a successful franchise chain. Then you roll out that business in multiple locations. because it is a low risk way of getting into business . as they have done so in the past. Yes.7 Steps to Freedom by Noel Swanson Step 7 Alexander Elder.someone has already taken the risk and done the work. On the positive side. You cannot multiply your business . It probably costs about a million to start up a new McDonald’s franchise! And even to run a wheelie bin (type of garbage can) cleaning service in England costs £7000 to get into! And how much money can you make doing that??? Also you have no control over how the marketing is being done . This means that there is quite a high barrier to starting up. then you need to stay well clear of the stock market! 4) Franchises. Headaches with staff and government regulations. Almost certainly long hours.5 years! With business no. as all the details have already been worked out for you. and lawn maintenance) that you don’t just end up buying yourself a job! The goal is to become free . and still potential for losing everything (it happens . and all you have to do is copy it. then you are laughing all the way to the bank. you have to pay the franchiser a start up fee in order to learn the system and get on-board. There are. If you can't afford the time to study.even to McDonald's) 5) Traditional Businesses. which is all handled centrally. you are pretty much guaranteed to make a profit from the business. however. A brilliant concept. First you develop a business that works.because they are the ones doing the multiplying. most businesses are not making their owners rich .

Use what you have learned from them for a full year.and yes. they will work whatever country you are in. how is this for a plan: Build it up as quickly as you can to a highly profitable level. b) How to Promote Your Offline Business Online I know. maybe you are already in a traditional business. or the internet. I know. And I don't mean go and spend a bundle on some radio ads or newspaper displays that earn you nothing.7 Steps to Freedom by Noel Swanson Step 7 getting by. Do you think he is getting rich running that??? Think of all the overheads he is paying. But you can have all of those and still go broke? Why? Almost always because of either poor marketing. what you will learn about marketing from these materials and their bonuses will be invaluable for your offline. Go get them now. Okay. and turn your traditional business into your retirement cash cow. or I will refund the entire cost. Then start to learn about advertising. I am so convinced of this that I want you to order both these materials right now (click here to get them together as a bundle for a special price . traditional business. If. Yes you need good customer service. The good news is that both of those can be fixed! Provided you are prepared to do your homework. Yes you need good products. or poor cash-flow management. How do you build it up? Ah! Now there is the rub! Well. and buy both of these resources instead: a) The Golden Mailbox and. -77- . of course. these materials (together as a bundle) have to earn you at least 10 times their purchase price. Take a look at the owner of your local high street store (non-franchise). Well.). guess what? Almost certainly the key is going to be the marketing. What then? Well. That's right. you are not fully convinced that will have paid for themselves 10-times over. You are going to have to do something a bit different if you are going to stand out from the crowd. Go see your accountant and plug all the holes through which your money is leaking out. The first place to start is with the financial management. The fact is that whether or not you end up using "pure" mail-order. I will refund you your entire purchase price without any quibbles or hassle. by the end of that time (or at anytime before then). For that reason I would suggest you take some money out of your next advertising budget. In fact. and then sell it. you are not running a mail-order business and you don't know anything about marketing on the internet. not yet anyway.

His second could just as easily have flopped again. But remember the odds are stacked against you there are countless thousands of highly talented people who never get discovered. then by all means exploit it. why did it make it the second time? It takes persistence to write a second one when your first one made no money. And again. -78- . You sell one policy.don't work for a one-off commission work for a piece of the action that will continue to pay you year after year. In this case it is about selling things that produce a long term residual income. Choose one (or maybe more).even if only for a day! Click here for the low down! 7) Sales. But once again you have to do it right. Learn all you can about marketing. Later on. and get out there and strut your stuff. and you can continue to receive these cheques for many years to come. Invest in your financial education. Right. Take John Grisham as an example.e. Read all you can. You get a good sized commission cheque up front. i. You can't do them all. This time it sold hundreds of thousands. So what was the difference? Why did it only sell 5000 the first time and yet so many the second? If it was that good.writing. be focussed. His second became a bestseller. Keep working the system until it works for you. then you can use your talent to set you free. Work hard in the early years to develop a large client base. Some people are born salesmen. developing your mind and your skills will be crucial. and with luck ( dare I say that word?) and timing. And then. is about leveraging your time.7 Steps to Freedom by Noel Swanson Step 7 6) Creative Arts . Study and learn. If that is you. Much has to do with who you know. if you have already written what should be a best-seller. please make sure that you also are developing your plan for comfort and maybe even another business (such as business # 1). or that will reward you in proportion to your success. acting. There are as many ways to make money as there are people. The key. do your art as a hobbie until it starts to pay off! Finally. And learn about doing Joint Venture and percentage deals . year after year you get a smaller cheque each time the client renews. But only try it if you are a genius at selling. His first novel sold 5000 copies. The classic example of this is life insurance. Find a brilliant agent and marketing manager. that’s about it. Would he then have written a third? Would that one have been discovered? If you follow this path. And stick to it. but most will fall into the above categories. you might be interested in learning just what strategies and tactics people like Mark Joyner use to get their books to the number 1 bestseller slot . why did it not make it the first time? Or if it was that mediocre. If you have a genius talent at something. Above all. sports. music. not your time. they re-issued the first novel. once again.

as they say. For example.then why not get a job as a real estate agent? That way you earn money today.you can either keep working the 40-40 plan .40 hours a week for 40 years to make someone else rich. is yours. The choice.and then be FREE. But even here you can be smart. -79- . Remember .7 Steps to Freedom by Noel Swanson Step 7 To start with you will probably have to continue with your day job until your plan for prosperity starts to pay more.probably for only a few years . and at the same time you are increasing your knowledge about the market as well as meeting the right contacts. if you want to build up a real estate portfolio . Or you can work your own plan .

also teaching you how to be a good employee. In every case. teaching you how to be a good employee. your Plan for Comfort -80- .Step 8 . of course. So the end really is the beginning. Of course you and I know that it is just the start. the explorers. I recommended them because I think they are the best.and if you have genuinely done the exercises you will have done some hard work . the very fact that you were suspicious of the teaching on changing your mindset was a symptom of your old. not the finish. listen to the tapes. yeah. change the way you think..The end is the beginning S o. many of them spend literally tens of thousands of dollars doing so."how is this going to make me rich?".evidence that you are not content to stay as an ordinary Joe. about possibility thinking. Yet you. Ask the businessmen. I’ve heard all this before.. show that you have got what it takes to make it big. After that you maybe had further education or vocational training. Poor. We have gone full circle. guess what? You need to WRITE DOWN YOUR PLAN. knew better than them! Which is. We have covered an awful lot of stuff over the past few months. the athletes. This is attested to by everyone who is a self-made success .I hope that it is all making more sense to you. the edge that separates the best from the rest is their mindset. indeed. and you probably did not buy any of them . like The Midas Method. why you are poor and they are rich! But you have stuck with me this far . You see." In fact. in your daily-grind job. Inner Circle. the key to wealth is not what you do. So where do you go from here? Well. At the beginning I was talking about dreams and goals. At the time you probably thought "Oh. to keep you on track.in whatever field of endeavour they are in. At school you had 12 years of indoctrination. and Rich. the artists. you need to write down what your three plans are: your Plan for Security. So now. That you have made it to here does. the inventors. Dad. After all that brainwashing it is going to take a bit of time to get your head straight. mindset! Everyone who is wealthy says "Read the books. employee. But what has this to do with me becoming free?" I also recommended some reading. it is how you think. about daring to believe. Remember. Dad. They certainly transformed my thinking! Now that we have been through a bit together . we have reached "the end".

You might categorise this into categories or strands: e.Investment goal . go and look at 3 properties per week. the daily.long term build up of capital activity .Education read 2 books a month.regularly read Property Auction News. on a piece of paper that you can keep going back to. subscribe to auction house mailing lists. along with this book. -81- . Strand 1 . research shares using his system.7 Steps to Freedom by Noel Swanson and your Plan for Prosperity. Things that you need to do in order to set the plan up . Then the second part will be the more general strategy. or opening an investment account. Strand 3 .open up account. Step 8 I mean actually write down.Real Estate goal .invest $100 pm into investment account using O'Shaughnessy’s strategy to-do . Strand 2 .Business Develop mail order business using strategy described in The Golden Mailbox Strand 4 .like making an appointment with your independent financial advisor.g.first will be your to-do list. There will be two parts to each of the three plans . weekly and monthly activities that you plan to keep doing so that in 2 to 15 years you are able to retire.to buy one property every 4 months activities . Put it in the back of your ring binder. listen to 4 tapes. attend one business training seminar. or writing your will.

In this way we can help each other. No. Notice Strand 4. Whatever business you have chosen . At then end of this email you will find a short questionnaire. tips. if you are running an internet business. get yourself into a programme of regularly listening to those tapes and reading the books. I would also really like some feedback.. if you know of any good resources or links.g. They are hardly uplifting! Instead. Also. Why do I want the info? So that I can fine tune this 7 part course and make it even better for future subscribers.Job look for a job that frees up more time. educational material about the specific business you are in. Similarly. Through my newsletter I will continue to provide you with motivation. and send it back to me. you will still learn something from each and every one. encouragement and also some recommendations for further learning and training. or that provides me with the learning opportunity I need (e. -82- . please tell me. If you have not enjoyed the course. One of the most crucial things you need to do is to build in a regular habit of feeding your brain with healthy food not junk! Garbage in ! Garbage out! You need a regular diet of positive possibility thinking. Why will you fill it in? Well.some general motivational stuff to help you to keep going even when it gets tough. then please let me know so that I can pass that recommendation on to others.. fill in the gaps. But even if they are not. not every one will be the best book you have ever read. real estate agent) Step 8 And so on. If you have some favourite books that you recommend. I am hoping that you have found this FREE course to be of value to you. I will certainly try to pick the best ones that I know of. and also more technical. If so.7 Steps to Freedom by Noel Swanson Strand 5 . then I hope you will be good enough to give me your constructive suggestions on how I can improve it for others. So turn off the TV and radio and stop reading the comics (that's what I call the newspapers). Buy them. then doing the questionnaire will be a way of saying thanks. you will have an excellent opportunity for promoting that business further (see below). then I can pass them on to others. You need a combination . Please would you click on your "reply" button.become the best.

if you have any products that you would like to offer to others through the newsletter. -83- .. Remember. Depending what it is we may be able to work out some kind of deal! . the Inner Circle testimonials).com and tell me what you think. I have given you a lot of valuable free information. Now. I am asking you to do one simple thing for me." Okay. Also. then please get in touch.7 Steps to Freedom by Noel Swanson Step 8 This is the end of the 7 Steps to Freedom. Don't forget to turn over to the next page for the instructions on how to brand this ebook and use it as your own. As I said. personal. Thank you for your feedback! Keep working your plan. I will be in touch from time to time with recommendations on reading materials. parenting etc.in all areas of your life! If you have any topics or questions you want covered. remember what Sir Winston Churchill said: "Never give up. as well as financial. if I publish it on my website (see. including internet marketing. right now. for example. Never. cash generator. Never.. my goal is to help you to achieve success . But I hope it is not the end of our association. Never. Your friend. Never give up. Noel Swanson P. in return. S. to give me some feedback. What has been most useful to you? How has it made a difference to your life? Is there anything else you would like to have covered? If you are sending me compliments.perhaps we can start a bit of a dialogue through the newsletter. please also include a URL to your website (a great way to promote it) and maybe even a thumbnail photo that I can attach to your testimonial. Just send me an email at noel@7stepstofreedom. Would you please take a moment. and special offers on my own and other people’s products. links to useful sites. These may range more widely over other issues such as home life.Joint venturing is always the way forward! So. then please tell me .

The brander will then come up with a dialog box. you will earn a commission. since it will be called "7stepsbrandable.7stepstofreedom. and pass it out to your friends by email or on disk. and drag-and-drop the PDF book into it.zip file. and sign up to my affiliate program.php?adminid=483&id=XXXX where XXXX is.pdf". Once you're finished entering your details. replaced by your 4-digit affiliate code. You can either brand this book. Or you can simply tell your friends about the book and point them to my website. To brand your own copy of this ebook 2.com/x.) You will know if you have. and when you do you will receive a free mini-course teaching you exactly how to make money as an affiliate. PDFbrand. 4. and you will find the branding tool. Click here. When you sign up. Run this program. of course. click the "Brand!" button. What's even better is that when they then sign up as affiliates. Click here to download your brandable version of this ebook (if you have not already done so.How to Make Money from this Ebook 1. you will earn money when they pass the book around to their friends! How bad can that be??? To tell your friends about this book Simply use this link: http://7stepstofreedom. you will emailed your unique 4-digit affiliate code. Write it down! At this point you have two options. It's that easy.exe. if at any time in the next year they buy anything from any of my many websites. It is absolutely free.comEnter your email address as you want it to appear on the front cover 5. asking you to automatically save the PDF under -84- .com Enter your full website address WITHOUT the http:// eidetika@yahoo. I will even introduce you to some other well respected and high-paying affiliate programs. Open the 7steps. The Brander will then come up with some codes and ask you for input as follows: 5134 Enter your 7 Steps to Freedom 4-digit affiliate code Illya Mahatma Enter your name as you want it to appear on the front cover www. Either way. 3.

If you have any questions.pdf' in the same location as the original file.the more you give it away.any spamming and you will be fed to the wolves! -85- .7 Steps to Freedom by Noel Swanson the name '7steps_branded. 'Cancel' if you want to save it under a different name or in a different location. But remember . Click 'OK' to automatically save the PDF. the more money you could make. Start giving away the book to your hearts content . don't hesitate to email me at noel@noelswanson.com Step 8 6.

Have you enjoyed this book? Did you find it useful? Would you recommend it to a friend? I would love to hear your experiences. Please would you take a moment just to send me a short note with your feedback? Your comments may also be of great interest to others who are wondering if this book could help them solve their problems. Naturally you can unsubscribe at any time.com/index. unless you specify otherwise. you will also receive frequent free gifts and some very special offers. So.remember.html and sign up . stories and suggestions.. it all helps in promoting your own website! I look forward to hearing from you. please do attach that as well . ABCEDEFGHIJKLMNOPQRSTUVWXYZabcedefghijklmnopqrstuvwxyz1234567890! "£$%^&*()-_.g. great wisdom (!?). I would also cite your name and general location (e. I wish you every success.7stepstofreedom.S.. successes. town). In the meantime. and/or if you have a thumbnail photo of yourself that I can use. If you would also like me to quote your website URL. Yours warmly. Noel Swanson noel@noelswanson. Normally. and the odd bit of rambling or ranting.In addition to valuable tips. Did you sign up for my FREE newsletter? If you were given this ebook by a friend you are probably missing half of the benefit! Take yourself over to www. I shall assume that you are happy for your comments to be printed or quoted on my website.com +44 (0) 1329 513296 (UK time zone) P./?:'@~~\=+ -86- . For whom is it intended? Anyone who wants to see life improved for themselves and isn't afraid of putting a bit of effort into making it happen.

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