Build A Money Tree Business And Get Well Paid For Doing What You Love...
By Rocky Tapscott
Do you currently own a
Business or are you considering buying
or starting one?
you sick of working for someone else and want to go out on
your own and work for yourself?
like to actually build wealth for yourself and your family
in your Business without working like a slave 7 days a
week, 14 hours a day?
this article has the potential to massively improve your life
if you understand the key
distinction I am about to share with you....
of people finally get sick of working for someone else and
decide to start or buy a Business of some sort.
problem is, statistically most of them will fail, either
because they give up in frustration or simply run out of
money to keep going.
After 5 years, 90% of Businesses either no longer
exist or have been sold because the owners just
couldn't make a go of it.
And there are so many
Business opportunities that are really no more than buying
yourself a job. If you start or buy a Business and
you physically have to be there every day to drive it
along - sorry, you've just bought yourself a job.
Every weekend, there are countless adds in Newspapers
everywhere offering thousands of Businesses for sale.
Businesses like carpet
cleaning, lawn mowing, book-keeping, car detailing, dog
washing, take away food shops and Restaurants.
these types of Businesses aren't the answer. They all
produce 'Linear' income. You only get paid
once for every hour that you work, they don't offer enough
leverage to make you wealthy, and you usually have to do a
lot of the work yourself.
most profitable, most easily run, highest leverage
Businesses in the World are what best selling Author Robert
Allen, in his best selling book, Multiple
Streams of Income, calls Money Tree Businesses.
has developed what he calls a 'Money Tree Formula'
to determine whether a Business is worth considering or
If we apply the 'Money Tree' formula to all of
the businesses mentioned above, they will all be eliminated
immediately, as will most other Business advertised in the
newspapers. If a Business you are
considering doesn't fit the 'Money Tree' formula...
then keep looking until you find one that does.
So, what is the 'Money
The letters 'Money Tree'
can be broken down into the following formula -
M - Stands for Multiple
Streams of Income - Any Money Tree Business must have
the potential of generating more than one income stream
from the same assets or information.
O - Stands for
Outstanding Products or Services - A Money Tree
business only offers the best products and services to
it's customers - anything less and those customers won't
stay very long. The goal of a Money Tree Business is to do
the work once and then have the income flow for the rest
of your life. By selling only quality goods and services
that are in demand by a hungry audience, it is indeed
possible to create income for ever.
N - Stands for Nothing
Down - A Money Tree Business must be able to be
started with very little or no money down. It must
be able to expand and grow from the profits it generates -
it must not require constant injections of new capital to
survive. This rules out all types of franchises and most
other Businesses as well.
E - Stands for Employee
Resistant - Employees can be a pain in the butt. They
are dangerous! They can begin to feel like they are
entitled to their jobs. The fewer of them you have around,
the better. If you want something done that you either
can't or don't want to do yourself, you can always hire an
independent contractor. Avoid employees unless it's
Y - Stands for Yield - Money
Tree Businesses must offer high profit, high yielding
income streams. Quality products and services that have
stood the test of time that provide ongoing residual
income streams without risk are what you are
looking for here.
T - Stands for Trend and
Timing - Starting a small Business against the trend
is like swimming against a fast flowing stream. The
Internet is the biggest trend that has hit planet earth in
the last 200 years. This is a trend you can latch on and
ride as far as you want to go.
Running a small Business is
hard enough without trying to swing against the flow.
Choose a Business that is with the trend.
Then it's like floating downstream with the current.
R - Stands for Residual
- Residual income means that you get paid over and
over again for work you performed once. If you go
to work for a day, you usually only get paid once for the
day. If you don't show up the next day, you probably won't
A Money Tree Business
offers you the opportunity of doing something you
love doing once, and then being paid repeatedly
for that work into the future. For example -
Actors and Authors earn royalties
get residual commissions on products that have a monthly
marketers get residual commissions
agents and Financial Planners get renewal and trailing
consultants often get a percentage of gross revenue in
addition to their up-front fees
Estate owners get rental income and capital gains over
E - Stands for
Everybody, Every Day - Ideally, the product or
service you sell should be needed by as many people as
possible, every single day. It should be essential, or as
close as possible to essential, to a large and highly
motivated segment of society.
The more people who need
it and the more often they need it, the more successful
your Business will become.
E - Stands for
Enthusiasm - You really have to love what you do. If
you hate what you are doing, you'll never put in the
effort required to make it really successful. You can
probably make a few dollars selling something you aren't
really passionate about, but it will be a hard slog all
Sell what you love and the
money will follow
If you are doing what you love, it
never seems like work. That is the secret of many great
fortunes - the wealthiest people in the world love their
work. Many of them would do what they do for free
if they had to - they have found a way to do what they
love and turn it into a Business.
They can't get enough of it
- they just want to do more of the same thing, and they
keep getting paid more and more for their efforts.
So, your challenge is this
- find a way to either turn your current Business into a Money
Tree Business...or get into something completely different
that has Money Tree potential.
There is no point in
spending your life doing something you hate. So work out
what you have to do to create a Money Tree...and then go
out and do it!
Building a website that is
based on a theme or topic that you are passionate about or
love is an ideal way to create a Money Tree Business.
If you have ever thought
about doing this, or if you would like to find out more
details on how you could build your own website, then this
article on how
to build a theme based content website may help you
avoid some of the pitfalls of setting up your online
So, did you get the key distinction I
mentioned at the very beginning?
Please, don't be like the
masses and simply buy yourself a job to get away from your
other job. Make the decision to create a Money Tree for
yourself and your family - it may be the best decision you
I sincerely hope that this
article has opened your eyes to the potential of doing
something you really love and being paid handsomely for it
- in fact, you can create wealth right out of nothing!
Find a niche that you are
passionate about and go after it with everything you have.
You can make a fortune if you help enough people get what
they want (as opposed to what they need!)
It truly is possible...I
wish you well as you look for or create your own
Money Tree Business opportunity.
Until next time,
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