Bitcoin Price & Value Guide

Bitcoin has taken the world by storm. Better yet, bitcoin price and value are rising!  

Although initially the vast majority of people, even those versed in stock marketing exchange were skeptical about it possibly being another scam, it’s become evident that’s not the case.

In fact, there is merit to Bitcoin (and other cryptocurrencies). And, there’s a TON of money on the table for anyone willing to invest in and take advantage of this newly emerged phenomenon.

If you find Bitcoin intriguing and want to learn more about cryptocurrencies, you’ll love this article. I wholeheartedly suggest you read it all the way through.

I fully understand that cryptocurrencies aren’t exactly the easiest topic to get a firm grasp on…

That’s why, in this article; I’m going to shed some light on this phenomenon.

I will cover the basics like Bitcoin price and value. I’ll talk about where it comes from and how it works. Finally, I’ll show you how YOU can start investing in with Bitcoin today.

Ready? Let’s jump right in!

What Is Bitcoin And How Does It Work?

Bitcoin is the largest and most popular cryptocurrency on the market.

It’s also the first cryptocurrency introduced, created for the purpose of transferring value using digital currency, without an intermediary.

It was created back in 2009 by a programmer using the alias Satoshi Nakamoto. To this day, we still don’t know for sure who the creator of the first cryptocurrency really is.

Bitcoin is often referred to as the first decentralized digital currency. It’s essentially is a peer-to-peer system allowing for transactions to be made directly between the two parties.

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If you go through the traditional channels, banks will charge you a hefty fee for each transaction. Cryptocurrencies, on the other hand, allow for an instantaneous, tax-free exchange.

As a decentralized currency, Bitcoin is not connected to a central repository or a single administrator. This makes all transactions quick, easy, and cheap, since they aren’t tied to a governing body or subject to regulation.

Another benefit is the fact that, during these exchanges, both parties remain anonymous. Likewise, you don’t have to wait for an intermediary’s approval to access your funds.

The Blockchain Technology

Bitcoin, in its essence, represents randomly assigned sets of unique numbers on the blockchain, with each of them linked to an individual signature as proof of ownership.

A blockchain is a digital technology, initially created by the same person/group of people under the name Satoshi Nakamoto, to facilitate Bitcoin transaction, but has since then found other potential uses.

A blockchain is a digital ledger which enables and records Bitcoin transactions. Apart from recording them, the blockchain verifies all Bitcoin transactions and ensures that the money is safely transferred.

Now, the thing with blockchain is that nobody can duplicate it. It can’t be counterfeit, and can’t be double spent. Everything is accounted for and verified.

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It’s also incorruptible. This means that it allows the distribution, but not copying of digital information, that data is transparent – in a sense that it is embedded within the blockchain itself and therefore public.

It also means that the blockchain cannot be controlled by a single entity and that it cannot be corrupted, because altering any information on the blockchain would mean overriding the entire network (which requires tremendous computing power).

Bitcoin transactions are made through the blockchain, where the value transfer is made from one Bitcoin wallet to another, using the sender and recipient’s Bitcoin addresses.

A wallet can be a software program or hardware (e.g. a piece of paper) where you can “store” Bitcoins.  Technically, Bitcoins aren’t stored anywhere; they exist in the blockchain.

The wallet holds the private key which allows the holder to access the coins in the blockchain and transfer them to a different owner by associating them with their private key.

Now that you have a basic understanding of what Bitcoin is, you’re probably wondering: “Where does the Bitcoin get its value from?”

Bitcoin Value

Why is Bitcoin worth anything in the first place?

I understand that the sheer concept of a currency which only exists in the digital world can be a bit confusing. Not to mention that most people find it hard to believe that 1BTC is worth nearly $10,000 USD.

To answer this question, we need to take a closer look at the very basics of Economics. We need to talk about the way in which we attribute value to something.

Now, in Economy, the value of something is determined based on the following principles: scarcity, utility, and supply & demand.

I’ll use gold as an example, to illustrate how these principles ultimately determine the value we attribute to it.

Scarcity

Obviously, there’s a limited amount of gold which can be mined from the Earth and it’s quite difficult to find. You can’t just go out with a shovel and randomly start digging for gold. This significantly adds to its scarcity.

Similarly, Bitcoin is also mined (more on that in one of the following sections) and there is a finite amount of coins that will ever be created and in circulation.

This number is set at 21 million, meaning that once they’re all mined and distributed amongst various owners, you’ll only be able to get them by exchanging another currency like USD or products/services for them.

Utility

Just because something is finite and difficult to come by, doesn’t mean it’s inherently valuable. In order for something to have value, it also needs to provide utility.

Gold’s utility comes from the fact that it’s extremely durable – it doesn’t deteriorate and will maintain its original form for thousands of years. You can transfer gold between a hundred owners, and it would retain all of its original properties.

Likewise, Bitcoin is virtually indestructible since it exists in a digital environment, and can be transferred an infinite amount of times while maintaining its properties.

Apart from that, Bitcoin’s utility comes from the fact that it greatly facilitates transactions: transferring money is faster, easier, cheaper (no taxes) and anonymous.

Supply & Demand

Gold is highly desirable, and most people genuinely derive great pleasure from owning it – whether as jewelry or as an investment asset that’s less prone to inflation and volatile changes than paper money.

The supply of gold is limited, and with the increasing demand for it in recent years, due to the increased wealth of emerging market economies, its value continues to rise.

The same thing is happening with Bitcoin. The supply of Bitcoin slightly increases as more people begin mining and trading it, but it’s the enormous increase in demand that caused the value of Bitcoin to soar.

Initially, Bitcoin was borderline worthless. In June of 2009, the price of 1BTC was 0.0001 USD. So, what happened in the last 9 years?

Obviously, not very many people were aware of its existence when it was first introduced. Since then, people have realized the myriad of benefits it provides, and a huge number of merchants around the world had started using it as a valid means of payment.

As more and more people started utilizing it, the demand for this cryptocurrency rapidly grew, causing the value to increase exponentially.

Here’s how the value of Bitcoin price changed through the years:

Screenshot by: https://www.buybitcoinworldwide.com/price/

 #btc #bitcoin #bitcoinprice #bitcointoday #cryptocurrency #crypto bitcoin bitcoin price
Bitcoin Price Chart Since 2009

Bitcoin reached its all-time high on December 11th, 2017, where 1BTC was priced at $17,549.67 USD.

The important thing to note is that, since June of last year, the number of Bitcoins in circulation reached 16,4 million – meaning that we’re steadily approaching that 21 million cap.

Experts speculate that, at the rate people are mining today, we’ll reach the final number of Bitcoins available will be in circulation by 2033.

Remember, since the production of  Bitcoin will completely stop after we reach the 21 million mark, this means that Bitcoin will never be subject to inflation.

In other words, the only way Bitcoin’s value will start to drop is if the demand for it suddenly goes down, which is highly unlikely to happen in the foreseeable future.

With a finite supply and a steadily increasing demand for this virtual currency, the value of Bitcoin is predicted to likely continue to skyrocket, with some of the most optimistic investors, miners, and experts speculating that it might even reach 1 million per BTC in the next decade.

What’s The Current Bitcoin Price In USD?

It’s important to understand that the value of Bitcoin and its day-to-day price are not equivalent.

The daily price of Bitcoin is largely determined by the market where people buy and sell the cryptocurrency. In other words, what ultimately determines how much Bitcoin is going to be worth today, tomorrow, and the day after – are the interactions between buyers and sellers.

As I write this, today’s (May 10th, 2018) price of 1 BTC is around $9,126.60 USD, with the exact number changing every hour.

screenshot from: https://www.coindesk.com/price/

 #btc #bitcoin #bitcoinprice #bitcointoday #cryptocurrency #crypto bitcoin bitcoin price

Since you’ll probably be reading this article at a later time, you can always check the price of Bitcoin yourself at Coindesk.

The chart can show the price change for the day, month, year, or since the beginning of Bitcoin.  

As you can see, Bitcoin has exhibited a significant increase in price in the past couple of years. It continues to be on the rise, and you can still make serious money by investing in this cryptocurrency.

However, it’s worth noting that Bitcoin Isn’t the only cryptocurrency available. There are tons of alternative cryptocurrencies, known as altcoins, with varying technologies behind them and different levels of utility.

Among the most popular are Ether (Ethereum), Bitcoin Cash, Ripple, Monero, Neo, Litecoin, Dash, etc.

There are multiple websites like AltcoinToday, where you can quickly and easily check the price of Ether and other altcoins:

screenshot from: https://altcointoday.com/coin-market-cap/

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Before investing into altcoins, do your diligence and research the ones that you find interesting. Learn what the technology is and what people are using them for.

You should even consider reading their whitepapers. These are the official documents the creators published to explain why they created the specific currency and how it works.

Why Monitor The Bitcoin Price Changes?

There are two major ways to make money with Bitcoin: by mining it or by investing in it.

Since mining requires you to invest in rather expensive gear, most people chose the second route and decide to invest in buying Bitcoin for the purpose of trading it for a profit.

Now, there are two ways you can go about Bitcoin investing.

You can buy a certain amount of Bitcoins and keep them safely stored in your wallet for a certain period of time, and then after it reaches the desired price, you can sell it back and earn a profit.

Alternatively, you can buy Bitcoin (and other altcoins) for the purpose of day trading on the exchange market.

In either case, you’ll want to closely monitor the changes in Bitcoin’s price, in order to make the most out of your investment.

If you’re planning on holding Bitcoins, it’s best to check the price every couple of days (or daily if you prefer) to ensure it continues to rise.

At some point, the price begins drastically dropping, you might consider selling your stored Bitcoins to get the highest possible profit.

On the other hand, you’re planning on trading it daily, then I’m sure you’re aware that charts providing detailed information regarding the price, market cap, and transaction volume are an indispensable resource.

You’ll have to keep them open at all times, to capitalize on the price fluctuation – buy when it’s lowest and sell when it’s highest.

There are plenty of websites which provide charts for all types of cryptocurrencies, but for Bitcoin specifically, I found that Bitcoin.com is the best.

screenshot from: https://charts.bitcoin.com/

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It provides the most detailed information, and is easy and simple to navigate. You can even get a free wallet and buy Bitcoin straight from the site.

What Is Bitcoin Mining?

As I mentioned earlier, Bitcoin is a peer-to-peer network. It doesn’t have a central government that determines when and how the money will be distributed.

Instead, that role falls to Bitcoin miners. These people use specific software to run scripts that solve Bitcoin algorithms, in exchange for a certain amount of the currency.

 #btc #bitcoin #bitcoinprice #bitcointoday #cryptocurrency #crypto bitcoin bitcoin price

Miners are essential to the blockchain technology. At certain intervals, the computers “mining” the currency collect several hundred pending Bitcoin transactions (“blocks”). Then, they convert them to mathematical problems – algorithms.

The miner who finds the solution receives Bitcoins as a reward. This is an intelligent and fair way to issue the currency. Simultaneously, it provides an incentive for people to mine Bitcoin, thus keeping the blockchain safe and secure.

The network itself automatically changes the difficulty of the math problem, depending on how many people are mining the currency and how fast the problems are being solved.

Initially, people used their PC’s processors to solve these problems and mine for Bitcoin. However, miners quickly discovered that graphics cards manufactured for gaming are actually much better suited for the task.

They are much faster, but they use much more electricity and generate a lot of heat. In response, manufacturers started creating specific chips that were specifically reprogrammed for mining.

Today, ASIC (Application-Specific Integrated Circuit chip) are specifically designed for faster and more effective cryptocurrency mining, while using less power.

 #btc #bitcoin #bitcoinprice #bitcointoday #cryptocurrency #crypto bitcoin bitcoin price

However, new miners are joining the network every day. In turn, the difficulty of the math problems steadily increases.

Another drawback of mining is that mining-specific gear isn’t exactly cheap. Rigs – computers specifically put together for optimal mining – cost anywhere from $5,000 to $10,000+.

However, if you have the money to invest in a dozen rigs, you’ll likely have a tremendous ROI in the long-run.

Why Invest In Bitcoin Today?

Bitcoin is really hot right now. It’s also showing a strong tendency to continue to rise in popularity and value for years to come.

People sometimes even refer to Bitcoin as the “gold of the internet”. It is accepted worldwide as a currency and viable means of payment. A large group of merchants, investors, venture capital firms, and individuals.

As long as people trust that Bitcoin has value as a currency, they will continue investing in it. Consequently, this will boost Bitcoin’s value even further.

And judging by the rate at which it’s growing, and the fact that even celebrities like Ashton Kutcher, Lilly Allen, Nas, and even billionaires like Bill Gates and Richard Branson are investing in it, we can confidently say Bitcoin is here to stay.

 #btc #bitcoin #bitcoinprice #bitcointoday #cryptocurrency #crypto bitcoin bitcoin price

 

 

 

 

 

 

 

 

 

 

 

 

Many established companies across the globe regularly engage in buying and selling Bitcoin. It’s become so popular that even local businesses and small shop-owners are accepting it as payment.

A good example is Germany’s largest food delivery portal, Lieferando.de
They work with over 11,000 partner restaurants and had started accepting payments in Bitcoin last year.

On top of that, there’s also the fact that world’s economies are facing difficult challenges. They are beginning to quickly lose faith in FIAT currencies like USD and EUR.

Several governments have already shown that they can seize your assets if necessary… Which begs the question how safe is the money in your bank account.

A Smarter, Safer Investment

Since Bitcoin doesn’t have a governing body, you’re completely circumventing the intermediaries (banks). This makes each transaction faster, easier, safer, more secure, and tax-free.

Some experts are willing to go as far as to say that cryptocurrencies are the currency of the future, and that in the next 10 to 20 years, we’ll no longer be relying on paper money at all.

As you’ve seen from the charts, Bitcoin’s value continues to skyrocket. That makes it a perfect opportunity for an average person to invest in this cryptocurrency and generate a substantial profit in years to come.

There has never been a better time to jump on the bandwagon and join this billion-dollar industry!

Apart from that, buying cryptocurrency today is quite simple, since there are tons of companies selling Bitcoin, with Coinbase being the best option for US-based investors.

It sports an extremely user-friendly interface, and provides ACH bank transactions. This ensures a quick, easy, and secure online Bitcoin purchase.

Just consider that the company sells BTC (and other cryptocurrencies) to customers at a markup around 1% over the current market price. So, you’ll need to take that into account when calculating your potential profit.

What Is The Future Of Bitcoin?

We can only speculate how the Bitcoin’s value is going to change in a month, year, or 10 years.

But, judging by the past trends, the advice of tech experts and seasoned investors, as well as an ever-increasing demand, the most likely outcome is that it will continue to soar for years to come.

Something similar to this: https://bitcoincharts.com 

 #btc #bitcoin #bitcoinprice #bitcointoday #cryptocurrency #crypto bitcoin bitcoin price

A recent example of a Chinese entrepreneur, who bought 10,000 Bitcoins. This goes to show you just how confident people are that the blockchain technology and Bitcoin are the future.

Cai Wenshang is just one figure in the sea of traders, investors, and industry professionals. These people are putting their trust in cryptocurrencies and are ready to invest HUGE amounts of money in Bitcoin.

According to them, NOW is the perfect time to invest in cryptocurrencies.

All things considered. As long as the Bitcoin community maintains this high level of trust in the system (and there’s no reason not to) the value of cryptocurrencies will continue to grow.

Final Thoughts

I hope you’ve found this article informative and valuable. Also that it helped explain the somewhat elusive phenomenon that is cryptocurrencies.

If you’re seriously considering buying or investing in cryptocurrencies, you should definitely bookmark this page. You will want to read the article a few times over.

What do you think about cryptocurrencies? Are you going to start investing in them, and if so, are you more inclined to mine or trade?

Let me know in the comments below!

P.S. If you’re interested in other investment opportunities and want to learn more about creating wealth, I invite you to join a FREE 2-Hour Online Prosperity Workshop.

This is a unique opportunity to learn some of the most powerful money-making techniques. Directly from in the trenches entrepreneurs with decades of experience and several million-dollar businesses behind their belt.

Among other things, you’ll learn how to kickstart your online business and gain complete financial freedom. Doing so by leveraging my proven Max Income System.

You’ll get lifetime access to the system, free of charge, just for showing up!

Click here to learn more about the Online Prosperity workshop and register your spot for the next available LIVE event near you.

About The Author

Your Millionaire Mentor
Shaqir Hussyin

Shaqir Hussyin is the founder and CEO of WealthAcademy.com & Funnels.com. Nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers.

His signature program is now available: Max Income System; 14 Simple Steps To Making Your First $120K

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader. His work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group.

 

Related Bitcoin Resources:

Must-Have Bitcoin Apps: https://news.bitcoin.com/10-bitcoin-apps-that-everyone-should-have/
Up To Date Bitcoin News: https://news.bitcoin.com/

3 Emotions All Entrepreneurs Need

Unchecked Emotions Are One Of The Main Factors That Can Cause Normal, Educated And Smart Entrepreneurs To Make All The Wrong Decisions.

As a result while under emotional stress, you can make decisions that you would never consider otherwise. There are three main emotions that can dramatically influence the decisions we as Entrepreneurs make. See how you can overcome the most common mistakes often caused by them.

1. Anxiety

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It’s normal for entrepreneurs to feel anxiety as they try to launch a new business or grow an existing one, and it’s very important to learn to control it early on.

Anxiety typically comes from the fear of the unknown and our lack of confidence in the work or process at hand. Often, we haven’t created a strong enough foundation to feel confident and stable in our abilities.

Should you find yourself in a situation where anxiety consumes your brain, perhaps it’s time to take a deeper look at your business in these three core areas:

  • Analyze your structure and decipher if you have all components needed to support your customers and the team working to serve them—from IT to customer service training and protocols.
  • Analyze the core of your team by making sure you have the right people in the right positions. Everyone brings a unique set of skills to the organization. Ensure their key talents are aligned with the work they do.
  • Understand your destination and keep a clear view of it. In the earlier phases of a business, it’s easier to know where you want to go, but as revenue, teamwork and obstacles come your way years later, many entrepreneurs lose sight of the destination and instead focus on the immediate future.

Address these common issues to alleviate your anxiety.

2. Anger

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Actions and decisions made in anger are automatically negative. Anger is powerful but easily controllable because time can dissipate that strong emotion. Some of the worst decisions can be made in moments of anger and can easily be avoided if you wait 30 to 40 minutes between the emotion and the action.

Keep in mind that anger can be especially dangerous when combined with pride. If you struggle with pride and ego, know that about yourself and don’t let anger dictate your actions. Take more than 30 minutes to reflect on the factors that caused you to feel this way and focus on a positive way to turn the situation around. Do not allow the immediate emotions to hurt your feelings and cause a desire for immediate retribution.

3. Fear

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Fear is the emotion that keeps us from taking chances or achieving more. We either fear the outcome of what we are about to do, or we fear failing. In other words, wondering what if constantly plagues our minds and dictates our lives.

We fear the business we want to start will be too difficult or might not work.

We also fear investing because of the potential loss.

Many fear rejection, so we don’t approach potential clients at a networking event.

And we even fear missing out on an opportunity so we rush in too quickly.

Fear can be easily manipulated through the ability to assess risk and possible outcomes. We must look at the maximum gain and loss and then determine the proper course of action. But first we must accept the fact that without risk, no return can exist.

Conclusion On Entrepreneurs Emotions

Next time you are afraid, take a moment and do nothing. You cannot assess risk when you are emotional and can’t clearly justify outcomes. So just pause and let the emotion settle. Then act.

Get the knowledge you need to start, grow and scale a profitable online business directly from an internet millionaire & his rock star team!Register for the max income system here

If you have any question or any ideas that you would like to share with us, feel free to comment below and myself or my team will reach out to you as soon as possible

About The Author

Shaqir Hussyin

entrepreneur characteristics, entrepreneur examples, entrepreneur ideas, entrepreneur jobs, entrepreneur list, entrepreneur magazine, entrepreneur quotes, famous entrepreneur, entrepreneursShaqir Hussyin is the founder and CEO of WealthAcademy.com & Funnels.com, nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers. His signature program is now available: Max Income System; 14 Simple Steps To Making Your First Income System

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader. His work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group.

Successful People Morning Habits

What you decide to spend the first hour of your workday on is crucial. It sets the tone for the rest of the day. The most successful people all have daily routines they follow, which usually start out with an hour of productivity.

Instead of allowing yourself to slowly sip your coffee and waste time feeling lazy and sluggish, you need to jolt your mind and body into work mode to properly prepare for the day ahead.

Admittedly, you can’t complete the majority of your daily tasks within the first hour. But what you can and should do is make a habit of using this time productively.

Although we all spend our first morning hour differently, there are a couple of tips you can pick up from the most successful people, to boost your productivity and be a winner every single day.

  1. Don’t Check The Email First Thing In The Morning


Unless your line of work requires you to be available to clients, customers or business partners 24/7. There’s really no reason to make checking your email a priority.

The reason for this is simple – reading and responding to emails doesn’t feel all that productive.

The founder of Tumblr, David Karp, said in his Inc. profile that he tries his best not to check his email until 10 a.m. He makes a good point when he says that “If something urgently needs my attention, someone will call or text me”.

Instead, you should spend the first hour on planning out your workday or focusing on a single, meaningful task. This way, you’ll feel much more productive, knowing that you’ve already completed at least one real task.

  1. Tackle The Most Difficult Task First

Don’t put tasks off, especially if they’re complex, difficult, or not particularly appealing. There’s merit to completing the worst task first – you won’t spend the rest of the day dreading it. And everything else will seem a lot easier in comparison.

The time-management book “Eat That Frog” by Brian Tracy perfectly illustrates this. Using Mark Twain’s metaphor that if you eat a live frog in the morning, you’ll be able to face any and all challenges throughout the day and easily overcome them.

Once you get that dreaded task out off the way, you’ll be able to focus on more enjoyable (or at the very least less difficult) task for the remainder of the day.

So, leave room at the end of each day to find your “frog” for tomorrow. If you have the time, it pays to gather all the material necessary to complete that task. Making it less frightening and a bit easier to complete in the following morning.

After you’ve dealt with your “frog” for the day, you’ll feel empowered and ready to take on the world!

  1. Successful People Always Plans & Organize

I’m sure I don’t need to stress out how important it is to plan out and efficiently organize your workday.

If you have unfinished tasks from the previous day, with new ones slowly creeping in, it’s easy to become overwhelmed by the amount of stuff you need to get done.

That’s why it’s vital to take the time to create a to-do list, highlight the most important task, especially if they have a tight deadline, and get to work. 

This will allow you to manage your time more efficiently. Thus reducing the stress and distractions, and fully focus on one task at a time.

Sometimes you have to make a hundred decisions in a single day, and more work that you can realistically handle. In these situations, having a sound plan to follow and knowing which tasks are a priority will allow you to stay productive and get more done.

  1. Gratefulness & Visualization

This is something that most entrepreneurs overlook. You need to take some time to keep yourself motivated by thinking about all your accomplishments and things you’re grateful for, and visualizing where you want to be in the future.


Tonny Robins, a renowned self-help author refers to this time as an “Hour of Power”, which he spends by motivating himself and practicing gratefulness and visualization.

He suggests that, in order to reach your peak of productivity, you need to incorporate this into your daily routine. His “Hour of Power” involves light exercise, motivational mantras, and most importantly – at least 10 minutes to remind yourself of what you’re grateful for.

Looking back on your accomplishments and being mindful of the things you’re grateful for will make you feel fulfilled, and inspire you to strive for even greater success.

Also, visualizing “everything you want in line as if you had it today” will give you that extra bit of motivation to work even harder towards achieving your goals.

  1. As Yourself If You’re Doing What You Love

If you’re doing something you don’t actually enjoy every single workday, over time you’ll start losing motivation and become less and less productive.

Feeling unfulfilled at work and missing that vital sense of accomplishment isn’t something you can easily dismiss.

If you’re spending at least 40 hours a week doing something you don’t actually enjoy. It will inevitably reflect on your life as well.

What you can do is follow the routine Steve Jobs thought us and ask yourself “If today were the last day of my life, would I want to do what I am about to do today?”

If you answer “no” for multiple days or weeks in a row, that’s a clear sign that you’re unhappy with your current situation and that something needs to change.

  1. Start Off Your Day Doing What Makes You Happy

Your mood for the entire day is usually set early in the morning. That’s why it’s a good idea to spend a few minutes each morning to indulge yourself and do something you thoroughly enjoy.

It doesn’t have to be anything extraordinary. It can be something as simple as taking the time to enjoy your morning coffee, listening to your favorite song, or wearing your favorite shirt.

You can have a better idea of how successful people start their day below:

The idea is to create a habit of enjoying the small, simple things in life at the very start of each day.

Although it might seem trivial at first, you’ll notice that by doing these things, you’re putting yourself in a great mood and giving yourself a reason to look forward to the rest of the day.

  1. Mediate

Meditation is an excellent way to clear your mind from the previous day, gather your thoughts, and start out fresh. It trains your mind to shut out the distractions and improves your focus, allowing you to increase your productivity.

Most people believe that the goal of meditation is to stop your flow of thoughts completely, which is neither true, nor possible. What meditation does is allow you to calm your mind, and instead of having your thoughts all over the place, learn to focus on one thing at a time.

There are tons of successful people who swear by dail meditation – Ariana Huffington, Russel Simmons, Ray Dalio, Andrew Cherng, Oprah Winfrey, to name a few.

If you’re having trouble focusing and feel like you’re easily distracted, with your mind constantly chattering, you should definitely give meditation a try.

Conclusion

These are a bunch of different ways in which you could start your workday on the right foot.

You can follow the examples I gave you in this post, or figure out your own routine, as long as it’s something productive that gets you going and puts you in the right mindset for the rest of the day.

Want to learn more valuable tips on how you can grow your business, scale your income, and create a lifestyle of complete time and money freedom?

Then I invite you to join one of our premiere LIVE events and learn the most powerful digital marketing strategies first-hand, from thought leaders and industry top-earners.

Simply click here to view the event schedule, select the time & date that’s most convenient for you, and reserve your spot.

I look forward to seeing you there!

About The Author

Your Millionaire Mentor
Shaqir Hussyin

Shaqir Hussyin is the founder and CEO of WealthAcademy.com & Funnels.com. Nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers.

His signature program is now available: Max Income System; 14 Simple Steps To Making Your First Income System

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader whose work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group.

The No. 1 Reason Why You’re Not Making Money

We live in an interesting time. Today, 3 billion people log onto the internet each day, and that number is growing by 8 percent every year. You can learn how to do pretty much anything through blogs, websites, podcasts and videos to make some very easy money. This has created a tremendous opportunity to get exposure for your business and the services and products you offer.

Despite this opportunity and access, too many online businesses or entrepreneurs don’t make easy money. There aren’t any hard numbers, but talk to an online entrepreneur you know and ask if he or she is making any money — the answer will probably be NO.

And the reason why most online businesses don’t make any money is a simple concept that predates the Internet: What you offer has to be practical, and people have to understand how it is tangible for them.

First lets look at those two concepts to establish a basis form which to start from. Second we will look at some resources of where you can get started.

1. Practical And Tangible

The world of internet marketing has created a whole new language. It has mixed old-school personal development concepts with new-school marketing. It has created buzz phrases that are so common they feel like something normal.

The problem that too many entrepreneurs miss, however, is that only people in this space know those phrases and concepts. They don’t translate widely.

It is not uncommon to hear things like “Have a strong mindset,” “Discover your purpose,” “Step into your calling” or “ Live the kind of life you should be living.” While these phrases may sound clear and motivating, they’re not. If you think about it, they’re very confusing.

These terms and self-development catch phrases are too general and way too vague. There is no way you can teach anyone how to accomplish such goals because they have too many different meanings for each person that hears them.

People don’t spend money on products and services they don’t understand. When they visit your website or social media pages, if they don’t understand the practical application taught there, they will not spend money.

 

I don’t know what your online business does, but if I visit your website and can’t understand how it will be practical and tangible for me, I will not be signing up for your email list or buying what you sell. If you are not sure if what you offer is practical, test it. Have some people you know (or strangers) visit your website. Ask them if they understand the practicality of what you do. If your website is littered with personal development catchphrases, it’s time to make a change.

2. Who Is Your Target Audience?

If you don’t know how to make what you do practical, ask yourself whom you are trying to help and what you are trying to help them do. I’m not telling you that you need to “niche.” Niche-ing doesn’t work, until you get to practicality.

What I am saying is, who are these people you want to help and what do you want to help them do — what problem of theirs will you solve?

Once you can figure this out, you can create practicality in your online business. With practicality, you get clarity on what to offer and that leads to significant income.

You can figure out how to create practical products and services that help that group of people. They will buy those products and services because they can finally see how their lives will be helped.

Don’t get caught up in the internet marketing guru game.

Don’t confuse buzz-phrases as good copy. Help people understand what you practically do and they will spend money with you. You can build an online business that makes money and grows.

So, get clarity and avoid being the next “hot-for-a-minute” internet marketing hot shot. Use-old school tried-and-tested business principles in your online business, and your chances for success will soar.

3. Choose A Resource

To date there are money more then what i have provided you below but i wanted to give what i consider is the best. So feel free to look at them and assess which is the best for you and your circumstance.

  • Maxincomesystem pays you high commission to promote their live events conferences.
  • Taskrabbit.com  helps you find tasks to do for people for quick cash.
  • Swagbucks.com This rewards program lets you earn gift cards or cash just by doing online activities.
  • Airbnb will help you rent out a room or your entire house.
  • Offerup helps sell things to people around town that are sitting in your garage.
  • Ibotta lets you scan your receipt and earn cash back for them.

Final Thoughts Earning #easymoney

Get the knowledge you need to start, grow and scale a profitable online business to start making easy money today.

You will learn in-depth knowledge directly from an internet millionaire & his rockstar team!

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About The Author

Your Millionaire Mentor
Shaqir Hussyin

Shaqir Hussyin is the founder and CEO of WealthAcademy.com & Funnels.com. Nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers.

His signature program is now available: Max Income System; 14 Simple Steps To Making Your First Income Online

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader whose work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group.

Why Marketing Is Not For Lazy Marketers

Why Marketing Is Not For Lazy Marketers

Recent polls by TrackMaven showed the decline in engagement across social platforms. The study was examining major established social marketing platforms – Facebook, Twitter, Instagram and LinkedIn. It found that even one of the fastest-growing platforms on the market, Instagram, has seen a drop as large as 25 percent in just one year.This is not a huge surprise, since advertising penetrates all parts of our daily lives. However, we’re always finding new & inventive ways to escape it, ranging from ad-blocking apps and extensions to simple psychological “tuning out.” So this is definitely not a lazy marketers game.

Consequently, marketers are facing more and more challenges when trying to get their message across. It’s not merely enough to increase budgets, we have to start looking at engagement and attention. So what are some of the options?

Target Your Market

In order to be effective, your message has to be appealing and authentic. By talking directly to your customers, your message can appeal to their deeper senses.

How to do it? You’ve got to figure out exactly what your target market looks like. Go beyond demographics, because, you know, 18 to 35 years old women in United States have very diverse sets of backgrounds, interests and needs.

lazy marketer

What do they do for work and fun? What are their interests? Which social media channels do they prefer? Where do they get their information from? How do they consume content? What are their struggles, needs? What prevents them from solving a specific problem? Create an ideal customer profile.

Talk to them in their language. Show that you understand their struggles, and — hey — you can solve their problem for them. Only when your audience can feel as if you’re talking directly to them, you can hope for a sale.

Be The Thought Leader

One of the greatest benefits of content marketing is that you can position your company as a thought leader in your industry. This positioning could very much be an additional differentiator for your offerings.

lazy marketers

Create and curate content that blows your audience away with usefulness and practicality. Make your website a mecca for industry-related content; this will you give you a huge leverage in the market. Yet, be truthful and don’t use your newly-found leverage to bash your competitors. That won’t go over well and will ruin your hard-earned reputation.

Move Into New Realms

Depending on where your audience likes to spend time online, get in there. Explore new channels to reach them.

For example, Snapchat as a promotional platform was met with huge hesitation from the marketing community. Yet, those who did see an opportunity to be a first mover built huge followings, and even businesses, on Snapchat. Some especially creative entrepreneurs found a way to leverage Pokemon Go craze to promote their businesses.

lazy marketer

Yes, the rage will probably calm down soon, but you used that quick spurs of interest to your benefit. Snapchat might be thrown down by some new hot thing next year, but while the attention is there, you’ve got to take advantage of it. The only requisite here is to be quick and creative. So, the sky is the limit. Learn how to use these new, trendy or even obscure channels to create new spaces where your message is not lost in the noise, unlike those of Facebook and Twitter.

My thoughts on this lazy marketers 

Overall, digital marketing becomes more and more competitive and the spaces get more and more noisy.

The only way to truly stand out in the sea of offerings is to be different in what you provide, authentic in your messages and creative in your channels.

Liked this? Want my 1:1 help? Claim your FREE 30 minute Income Kickstarter Strategy Session – Click here.

About The Author:

Your Millionaire Mentor
Shaqir Hussyin

Shaqir Hussyin is the founder and CEO of WealthAcademy.com & Funnels.com. Nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers.

His signature program is now available: Max Income System; 14 Simple Steps To Making Your First Income Online

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader whose work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group..

 

Setting Goals | Tim Ferriss

Tim Ferriss is a world-renowned author of three bestselling books, investor in Uber, Facebook, Shopify, and more. It’s safe to say that he knows a thing or two about the importance of asking the right questions and setting goals. Especially when others can’t or won’t take this task on.

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When it comes to goal-setting and achieving these goals, the simplistic approach Ferriss uses pays off in dividends.

As Ferriss explains in his interview on 30 Days of Genius, the process of achieving his goals starts way back during the very beginning stages of planning which goals he actually wants to accomplish in the first place.

Then, Ferriss asks himself one simple question designed to strip away any hindrances that’ll make his work unnecessarily difficult:

“Setting Goals; Am I making this harder than it needs to be?”

There’s merit to asking yourself this overly simple question before you begin working toward your goals. It is to determine if you’re actually targeting the right goals–in their most basic form. Only then, once you fully understand what you’re pursuing, can you begin rigging the game so you can win it.

When it comes to setting yourself up for success as a writer, Ferriss explains that “The blank page is very intimidating for a lot of people.”

He continues, “I was told at one point, your goal should be two crappy pages per day. That’s it. If you hit two crappy pages, even if you never use them, you’ve succeeded for the day.”

Lowering The Bar

Setting the bar seemingly low for himself on a daily basis is a core principle of his goal-setting strategy. For Ferriss, the benefits he recoups from removing the intense pressure of trying to deliver massive results each day, far outweigh the negative psychological consequences of routinely under-delivering.

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In fact, Ferriss believes that setting easily attainable goals is the primary reason he consistently over-delivers. The reason why this strategy works so well for him, goes much deeper than just the obvious:

“Alleviating that performance anxiety… allows you to overshoot that goal, continually succeed, and sort of build that confidence and momentum.” He continues, “The feeling that you’re winning, is a precursor to winning on a really large scale.”

There’s much more on the psychology behind goal-setting, how to be absurdly creative, how to compete in a crowded industry and more in Ferriss’ hour-long interview over on 30 Days of Genius with CreativeLive.

My Final Thoughts On Setting Goals

I hope you’ve found this article informative and valuable. Also that it helped explain how setting goals for yourself can help you greatly in your personal and business success.

If you’re seriously considering improving your personal success, you should definitely bookmark this page. You will want to read the article a few times over.

What do you think about this article? You can comment below and let me know!

Liked this? Want my 1:1 help? Claim your FREE 30 minute Income Kickstarter Strategy Session – Click here.

About The Author:

Your Millionaire Mentor
Shaqir Hussyin

Shaqir Hussyin is the founder and CEO of WealthAcademy.com & Funnels.com. Nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers.

His signature program is now available: Max Income System; 14 Simple Steps To Making Your First Income System

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader. His work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group.

Wealth And Success Guide

How To Build Wealth And Success Guide

Wealth and success come from consistently providing value to yourself and others. As you feel you’ve plateaued, changing a few things along these lines may help:

1. Use compounding interest
2. Leverage networks
3. Exercise discipline

So it’s time now to dive into these 3 key components for building massive wealth and success. This is applicable in ANY niche or market you are so make sure you write these down!

Take the time to assess how these can be implemented in your business and take massive action.

Let’s get started!

#1. Understanding Compounding Interest

A key to wealth is understanding compounding interest. This applies not just to money but also time. Time is the great normalizer. To get a leg up, find ways of compounding your precious time.

A good analogy is how a rocket gets a payload to orbit. To reach orbit, the rocket has to reach escape velocity. It has to accelerate quickly to get to a high enough velocity to escape the earth’s pull. Once it hits the critical threshold, the escape velocity, the energy needed is much less and once it reaches orbit only slight boosts are needed to keep it there. The only way to get to escape velocity is to accelerate, each second going faster than previously.

Just as our earth has a constant gravitational pull, our economic system has its baseline cost and friction that constantly pull you back to where you came from. As you’ve experienced, bills, mortgages, childcare, distractions in life — everyone and everything — show up and try to take a piece from you. You need to reach escape velocity where the effort to grow wealth is minimal.

One way to achieve acceleration is this: outrun it. For every day from now on, set a goal to do just a little bit better. Be just 1% faster at day-to-day tasks. Be just 1% betterevery week at your job. Save just 1% more every month. After enough days you will see a doubling. Then a quadrupling. Then a 10-fold increase. Be consistent.

Better yet, do 2% better daily, or even 3%. After just a couple of years (all the working you’ve done), if you can grow yourself 3% daily, you’ll be 50x better after a year than putting an extra 1% in daily!

wealth and success

 

 

#2. Grow Value For Large Network Of People.

Individuals can only go so far. and tight networks make you better but their reach and resources are limited. Wealth accumulates when value comes from you and reaches others.

wealth and success

Once you’ve maximized the value you can provide others in your existing network, you need to branch out to add value where others you know less well need it.

Take for example the immigrant mother, who knows how to get her kids from place to place and keep them doing their homework and excelling at school, and can keep them on top of their myriad activities. She is a whiz at logistics.

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Given just the right opportunity and a bit of training she could manage a supply chain and a complex workforce for a multinational company.

In the two roles, many of the skills are the same, but the reach and impact are different.

Branch out and connect with new people. Always try and help and figure out something they might need, and if it’s not much trouble to you just give it to them.

Introduce them to others who can help them and help them grow their networks.

New opportunities will come back to you that you never knew existed, and your already healthy approach to risk will help you to take advantage and bring wins to both you and others.

 

#3. Constant Practice To Build Wealth And Success

The stuff above doesn’t work unless you consistently practice it. In marathon running the way to a fast time is to pace yourself. Pick a sustainable pace and stick with it, and keep that speed as close to your target average speed as you can. You get to mile 26 faster going a steady pace than if you repeatedly sprint and rest.

If this is still hard to visualize how you would start practicing it, you can look at my video below where i lay out How To Manufacture Your Own Optimism | My Success Secrets

Similarly, compounding doesn’t work unless your daily +1% is added the +1%’s for all the days preceding it.

make sure you rest when you need but keep focus and daily improvement. Since you currently have very little debt, things will quickly grow.

 

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The same applies also to your work and professional life. Make those deposits into yourself and others and be disciplined and consistent. Your investment will pay off.

I’ll quickly add that one of the hacks to be successful at this discipline is to automate things. Make it so that you don’t have to think about how to add that 1% every day, it just happens.

For example, set up your bank account to automatically put $250 in an interest-bearing account every month and don’t look at that account again for 10 years. Every year put the maximum in your Roth IRA and invest it in index funds in strict increments over the year.

After a time you will find things get easier and you will have the chance to focus more and more on things important to you. You’ll have reached escape velocity.

Final Thoughts & Recommendation

I hope you’ve found this article informative and valuable. Also that it helped explain how do you build wealth and success for yourself and your family.

If you’re seriously considering having your own business and learning how to make money online, you should definitely bookmark this page. We constantly publish articles related to wealth building.

What do you think about topic? Are you going to start your own business, and if so, are you more inclined to doing it online or having a physical store?

Let me know in the comments below!

P.S. If you’re interested in getting more information and or a startup opportunities and want to learn more about creating wealth, I invite you to join a FREE 2-Hour Online Prosperity Workshop.

This is a unique opportunity to learn some of the most powerful money-making techniques. Directly from in the trenches entrepreneurs with decades of experience and several million-dollar businesses behind their belt.

Click here to learn more about the Online Prosperity workshop and register your spot for the next available LIVE event near you.

About The Author

Your Millionaire Mentor
Shaqir Hussyin

Shaqir Hussyin is the founder and CEO of WealthAcademy.com & Funnels.com. Nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers.

His signature program is now available: Max Income System; 14 Simple Steps To Making Your First Income Online

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader. His work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group.

The 6 Biggest Entrepreneurship Fears

The Real Entrepreneurship Life

Entrepreneurship is unpredictable, because let’s face it: There is no guarantee the risks you take will pay off.

But if you allow fear to prevent you from pursuing your passion, you’ll likely always feel something is missing.

To succeed as an entrepreneur, you must tackle your fears head on so they don’t run the show anymore—you do.

1. You Don’t Feel Ready Yet.

You will never feel ready. The stars, moons and planets won’t suddenly align and send cosmic impulses when it’s time for you to pursue your dreams. You simply have to take action.

You might not feel like it’s the perfect time to take action yet. That’s totally normal. The truth is, the perfect moment doesn’t exist. You must take the moment and make it perfect by taking imperfect action.

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Success is the product of action, not thought. Master the art of momentum to ensure you’re always moving toward your goals. If you take action and make a mistake, it’s OK; you’ll learn more from one mistake than you’ll learn from an eternity of daydreaming.

Ask yourself, Who will I become in the face of fear?

2. People Will Judge You For Doing Something Different.

It’s none of your business what other people think about you. Let’s face it, not everyone is going to like you. Even if you try to make everyone like you, some people still won’t, so you might as well just be yourself.

When you take a stand for what you believe in, people’s opinions become irrelevant. Some of the world’s most influential leaders—Martin Luther King Jr., Abraham Lincoln, Mother Teresa, etc.—faced extreme opposition, yet their devotion to their visions stayed constant.

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If your family and friends think you’re crazy for pursuing your dreams, that’s totally normal. They just want you to be safe. Steve Jobs said, “The people who are crazy enough to think they can change the world are the ones who do.” Consider your craziness a gift.

In your entrepreneurship journey ask yourself, Who am I willing to become at the risk of being seen?

3. It’s Already Been Done.

This might be true, but it’s never been done by you. What separates true leaders from the rest of the crowd is not originality, but authenticity.

For example, the fitness industry is saturated with the same content, yet new leaders emerge on the scene all the time. Why? Because successful leaders have the ability to deliver value in a way that’s authentic to them—even if it’s not original.

What is originality, anyway? Almost everything we know is a hybrid of information that we learned from someone else who learned it from someone else, and so on.

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It’s true, most things have been done before, but once you put your own perspective, passion and personality behind the value you’re sharing with the world, it becomes authentic to you. No one can duplicate the essence that makes you you.

Ask yourself, How can I add the most value to the world just being myself in my entrepreneurship journey?

4. You Don’t Know Enough To Start Yet.

Many people are using the next certification, self-help book or seminar to provide the illusion that they’re finally ready to start pursuing their dreams. Education is great, but it’s not about the stuff you need to learn—it’s about what you do with the itty bitty nuggets that count. Just imagine what your life would look like if you actually applied what you already know.

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For example, if everyone actually ate healthy and exercised, they’d be in great shape. When you apply what you already know, you will shift your life and the lives around you in an incredibly powerful way.

Take action with the knowledge you already have and continue to master your craft as you go.

Ask yourself, How could I make the biggest difference using what I already know?

5. You’re Afraid You’re Going To Fail.

Pursuing your dreams is about stepping up and becoming a leader. In the process, you will make some mistakes. So what?

“Failure” is simply feedback you should use to improve your craft.

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Walt Disney and Michael Jordan didn’t give up after they failed. They persevered because each setback was actually a setup for a greater comeback.

The greatest lessons come from failure, so perceive it as a gift. As Robert Kiyosaki said, “People who avoid failure also avoid success.”

Ask yourself, What’s the point of living if I don’t at least try to do something remarkable?

Entrepreneurship is more than just success, it’s about giving and contributing to the world.

6. You Don’t Know How To Do Everything You Want To Do.

You don’t always need to know the exact route to your destination—you just have to get there. Take action on what you know you can do, then either model the rest or outsource it.

If you see other entrepreneurs who have the results you want, pay attention to what they’re doing.

Opt into their mailing lists, buy their products, take a look at how they operate their businesses, and then model what you like using your unique content and authentic style.

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delegation concept, ceo delegating tasks to employees of the company

If there are things that you don’t know how to do or simply don’t want to spend time doing, outsource them. There are teams of virtual assistants all over the world who will gladly handle your workload. There are thousands of affordable virtual assistants available at upwork.com, fiverr.com or freelance.com, among other sites.

Ask yourself, Who can I model or hire to help me bring my vision to life?

The more you face your fears, the less power they have over you. You are far more powerful than you realize, so take risks and trust in your ability to deliver.

Although entrepreneurship is unpredictable, you chose it, so bring your dreams to life today without giving fear a second thought.

Liked this? Want my 1:1 help? Claim your FREE 30 minute Income Kickstarter Strategy Session – Click here.

About The Author

Your Millionaire Mentor
Shaqir Hussyin

Shaqir Hussyin is the founder and CEO of WealthAcademy.com & Funnels.com. Nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers.

His signature program is now available: Max Income System; 14 Simple Steps To Making Your First $120K

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader. His work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group.

What Are The Best Ways To Think Of Startup Ideas

There are TWO techniques to think of ideas I’ve seen, that are proven to deliver results for startups and help them scale big time into the millions.

No matter if you’re a newbie or a hardcore veteran entrepreneur wanting to start a new business… Literally anyone can do this!

Take my word for it, because what I am about to share with you is closely guarded knowledge. These nuggets of wisdom come from a billionaire, serial entrepreneur, motivational speaker, music/film producer, board adviser and founder of priceline.com, ubid.com and bookings.com – JEFF HOFFMAN.

So, read this whole article closely if you want to learn exactly what to do to launch your next big idea for your startup into the millions.

Back in 2017 I hosted the Traffic Millionaire Summit 5.0. During the summit, Jeff went DEEP into the tricks and techniques he uses to massively scale his businesses and joint ventures.

Remember, these are secrets that the big businesses do to become GIANTS in their industries!

So, if you want to launch, build and grow your idea into a business and achieve your own financial freedom you need to implement these nuggets today…

Then Let’s Get Cracking!

People approach me with amazing business ideas all the time. The trouble is, they often have no clue of how marketing works. They don’t know what industry they want to get it. They’re not even sure whether there’s a demand for the idea they have.

You need to test out your idea, before you fully commit to it.

So the first thing you want to do when you have an idea is:

→ FIND A REAL PROBLEM YOUR IDEA CAN SOLVE AND OR A NEED IT CAN FULFILL

Anyone can have an office or a logo… But the real successful startups knows these three crucial things:

  1. What are they selling
  2. To whom they are selling it
  3. Why people are buying what they are selling

This is what makes them stand out, launch and ultimately scale into the millions.

I see so many people wanting to become entrepreneurs because it’s something that seems sexy, stylish and attractive. Although it’s often portrayed this way, the reality is fundamentally different.

So again, if you have an idea, make sure that idea fills a need and or solves a real problem in our world.

Don’t just set up a shop with a logo and website and think you’re automatically an entrepreneur with a startup company. It doesn’t work that way.

If you can imagine your product as a bridge to get specific results, ask yourself this question:

  • What results do they want to get, and would they need to buy my stuff to achieve them?

Example: A group of people who listen to music while they jog. What do they need to buy in order to do so? The obvious answer is an mp3 player.

So if your selling the coolest, lightweight mp3 player on the market with an added bonus of a arm-strap specially for jogging…

Are you filling a need or solving a problem in the market? Absolutely!

So, this is why only a few startups succeed. Because they know exactly what they’re doing and why they’re doing it.

(RELATED: Learn How To Find Real Problems In The Market Space And Fill The Need In 14-Steps Here)

Now before you go off and learn those 14 steps above, let’s focus on the second part that is…

→ INFORMATION SPONGING

So there’s a problem that exists with many entrepreneurs or marketers today. Let me give you an example so you can understand me better:

Let’s say you are in the health industry selling health care products and you get an invitation to go to a banking conference. Would you say that that would be time well invested or not, since you’re in a different industry?

Or if someone were to offer you a Sports Illustrated magazine. Would you read it?

I am guessing for both questions you would say no. You’re not interested since it not relevant to me or the industry your in…

And that’s the big problem!

So, what you want to do is get out of what your doing. Leave the industry you’re in for a few moments, and follow your curiosity.

Take 10 minutes a day or once per week and follow what attracts your attention. Anything that sparks your curiosity in another industry, so you can learn something new.

Afterwards, write down in one sentence something you’ve learned from what you’ve discovered.

These will become like puzzle pieces for when the opportunity shows up. You can be the first one who puts all these various puzzle pieces together to launch a totally unique startup.

In other words, you’re combining concepts, strategies and solutions from various industries into one single idea, which will become your very own unique startup.

This is how Jeff Hoffman launched various multi-million dollar business like priceline.com, ubid.com and bookings.com

CONCLUSION

I can’t stress this enough, these are highly effective techniques given to you that can truly help you gain knowledge of your industry and niche market you want to dive into.

Following these two techniques have allowed me to to create various services in the IM-industry like; income-kickstarter, gurufunnels, solo-ads-agency, video-ads-agency and the shic-mastermind from which various students have become 6-figure earned and millionaires in their respective markets.

So i highly recommend you to put these into action, take 10 minutes a day or even per week and start collecting ideas and learning new breakthroughs in various industries so you can one day connect all those pieces of puzzles into one highly successful startup

Want to know more about what jeff talked about?

Check my short interview with jeff here after we closed traffic millionaire summit 5.0;

(NOTE: Before you launch a startup, you need to know what problems are there, what areas are people struggling with, and what they will buy. Get instant access here and watch step1 now and get clear on what problems you can fill a need for in the market space.)

Hope you’ve enjoyed it.

About The Author

Your Millionaire Mentor
Shaqir Hussyin

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Shaqir Hussyin is the founder and CEO of WealthAcademy.com & Funnels.com. Nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers.

His signature program is now available: Max Income System; 14 Simple Steps To Making Your First First Income Online

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader. Shaqir’s work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group.

 

Top 5 Entrepreneurship Books Every Entrepreneur Should Read In 2018

Entrepreneurship books are an excellent source of wisdom, expert advice, and valuable insights.

To me, they are worth more and can provide you with more knowledge than MBA programs.

Countless successful entrepreneurs and CEOs around the world have already proven that having a Master’s Degree in Business isn’t a necessity for running a thriving business.

In fact, many of them never even attended college, but have managed to rise to the very top of their business and industry.

Furthermore, with the rapid advancement of digital technologies, countless new lucrative business opportunities have emerged, allowing virtually anyone to start their own online business.

However, that doesn’t mean everyone knows what it takes to make it in this vast and complex world.  

Instead of jumping in blindly, you should empower yourself with knowledge and wisdom of other successful entrepreneurs, to ensure your business gets off to a great start, and fast-track your journey to online success.

Admittedly, a certain level of experience is required to create a sustainable and profitable online business.

That said, the wealth of information contained within entrepreneurship books can and will help you get started and get to where you want to be with your business a lot quicker.

As entrepreneurs, we’re always encouraged to read more in order to expand our knowledge and enhance our skills.

But let’s face it, with the vast amount of self-published entrepreneurship books available both online and as hardcovers, not every one of them is going to be worth your while.

So, what should you be reading? I’ve compiled a list of what I believe are the top 5 books that every aspiring entrepreneur must read, at least once in their life.

I’ve read all of the books on this list (and have written one myself), so I can say with full confidence that they’ll be an invaluable resource to you as a future successful online entrepreneur.

Here Are My Top 5 Entrepreneurship Books That Every Entrepreneur Should Read:

 

  1. The Backpack Millionaire by Shaqir Hussyin 

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Recognized as one of the most comprehensive books on making money to date, The Backpack Millionaire is a must-read for anyone determined to create a sustainable and wildly profitable online business.

Over the past 7 years, I’ve invested more than $350,000 into my personal growth. I’ve expanded on my knowledge as an online entrepreneur by learning from various mentors, coaches, experts, and industry leaders.

 

I’ve used that knowledge to create multiple million-dollar businesses and generate upwards of $25 million in sales.

I’ve distilled all of the knowledge I’ve gained throughout my career into a single resource – The Backpack Millionaire book.

Of course, this book doesn’t contain every online marketing strategy imaginable… It does, however, provide an in-depth guide to creating direct, passive and active online income.

The Backpack Millionaire breaks down my proven 13-step formula for creating a million-dollar business. And it does so in a down-to-earth, easy to understand manner.

It covers a variety of topics, from developing the right mindset and setting a rock-solid foundation for your business, to maximizing your income and having your business run on autopilot.

I wanted to ensure that literally anyone can implement these strategies in their business to replicate my success. Even someone who has no experience whatsoever, and isn’t particularly tech-savvy.

This book can and will help you leverage the power of online marketing to create a real, wildly profitable business and build a lifestyle of complete time and money freedom you want and deserve, around it.

  1. The E-Myth Revisited by Michael E. Gerber

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In case you haven’t heard of the e-myth before, it’s essentially a common misconception regarding starting and running a business. The myth states that any entrepreneur that starts a business is inherently qualified to successfully manage, run, and grow it.

As you might’ve guessed, that’s not always the case in practice. More often than not, entrepreneurs start a business venture without a sound plan. Consequently, they face quite a few difficulties on their journey to the top.

The E-myth Revisited tackles the common assumptions and advice related to starting an online business.

One thing Gerber does exceptionally well in his book is explaining the crucial distinction between working “on” and working “in” your business.

In reality, most people looking to start their own business don’t exactly know how small businesses work. This lack of experience inevitably leads to failure.

This book does an amazing job of guiding you through the entire lifecycle of a business. It goes from an idea to business maturity, and dispels all the myths surrounding starting a business.

That’s why I believe it should be on the very top of your reading list.

  1. The 4-Hour Workweek by Tim Ferriss

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From what I’ve seen, one of the main reasons people decide to start their own business is the time freedom it provides.

I’m talking about the freedom to spend quality time with friends and family. The freedom to fully dedicate yourself to pursuing your true passions in life.

That’s where the appeal of The 4-hour Workweek comes from.

 


The book talks about various business opportunities that will enable you to lead this type of lifestyle. And, it does so in a fun and engaging manner that will inspire you and motivate you to take action.

Tim Ferriss is a strong advocate of the Pareto Principle (focusing on the 20% of actions that are responsible for 80% of the obtained results). In this book, he illustrates innovative applications of this principle in an online business environment.

Aside from that, The 4-Hour Workweek also offers a bunch of tips and valuable information on building a successful online business. All of this makes it a must-read, in my opinion.

  1. The Art of The Start 2.0 by Guy Kawasaki

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One of the timeless entrepreneurial classic’s, Kawasaki’s Art of The Start has received overwhelmingly positive feedback from readers over the years. This warranted a second, fully revised, extended edition.

The Art of The Start 2.0 is a more detailed guide to launching and creating a brand-new product, service, or idea, and using it to fuel a successful and profitable business.

 


Kawasaki understands that there’s an overwhelming amount of information regarding starting a business out there.  Furthermore, that information is scattered through different blogs, books, articles, webinars, etc.

He proposes a solution by distilling his decades of experience into a single book. As a result, the 2.0 version is 64% longer. It offers his latest insights and practical advice on various topics like social media, crowdfunding, cloud computing, etc.

Guy Kawasaki stresses the major changes in the business world in the past decade. He then explains how to fully utilize the newly emerged tools to build a strong team, create a great product and/or service, and stay on top of the competition.

 

  1. Grit: The Power of Passion and Perseverance by Angela Duckworth

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Although it tackles other areas of life aside from business, like parenting and studying, I personally believe this book will be of tremendous help to you as an entrepreneur looking to start your own business.

Why is that? Well, simply because it does a wonderful job of explaining one simple truth. The truth that somehow seems to elude the vast majority of people:

 


Exceptional results can’t be attributed to talent alone. Rather, they are a blend of passion and perseverance, which Duckworth calls “grit”.

I can’t tell you how many young, talented, promising entrepreneurs I’ve watched give up on their business, before they hit the big breakthrough.

As you start building an online business, you will inevitably have some ups and downs. You’ll more than likely hit a few roadblocks before you achieve success. And that’s perfectly fine.

That’s what this book is all about – what goes on inside your mind when you face challenges and difficulties. It talks about getting up when you fall down. It shows you how to push through the hard times until you’ve reached your desired goals.

If you have limiting beliefs that are preventing you from realizing your full potential, I definitely recommend this book.

Conclusion

I believe that, from time to time, we should all just slow down and take the time to read a quality book. Especially if it helps expand our knowledge on the subject we’re passionate about.

If your passion and goal is to escape the 9-5 grind, build your own rock-solid, wildly profitable online business, and be your own boss – then you definitely want to read through the entrepreneurship books on this list.

Each of them provides a wealth of valuable information and practical advice. They’ll all serve as valuable guides you can always turn to, at any point in your business.

So, are you ready to start your adventure and make your dream business a reality?

Then click here to discover how you can get a FREE hard copy of my Backpack Millionaire, and begin your journey to becoming a successful online entrepreneur today.

This is an extremely limited offer, since only 1,000 copies were printed.

Once they’re all gone, I’m afraid you will have missed out on this incredible deal. So don’t hesitate – get your free copy while you can.

About The Author

Your Millionaire Mentor
Shaqir Hussyin

entrepreneurship books, entrepreneurship books pdf, must read books for entrepreneurs, best books for aspiring entrepreneurs, entrepreneur books for beginners, list of entrepreneurship books, business entrepreneur books

Shaqir Hussyin is the founder and CEO of WealthAcademy.com & Funnels.com. Nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers.

His signature program is now available: Max Income System; 14 Simple Steps To Making Your First Income Online.

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader. Shaqir’s work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group.