Business Lyceum

e-Letter
Practical Instruction in the Arts and Sciences of Making Money


Editor/Publisher:  J.F. (Jim) Straw

FEBRUARY 2010

Greetings & Salutations:

People often ask me ...

"How can I get rich?"

Well ... let me tell you how I did it.

1) I learned very early in life that the ONLY way to make money was to "sell" something ... either a product or a service ... something people wanted or needed - or - do something for them they couldn't, or wouldn't, do for themselves.

2) I learned to "make do" with what I had, until I could get what I needed to do a better job.

3) I learned that I had to do anything necessary (but legal) to get to where I wanted to be, even if I didn't like doing it (especially if I didn't like doing it). -- You can do ANYTHING you need to do ... until you can do what you want to do.

"Start by doing what is  necessary, then do what is possible; and suddenly you are doing the impossible." -- Saint Francis of Assisi

4) I learned to never ask anyone to do anything for me that I wasn't willing to do myself - and - everyone who has ever worked with me has taught me about what they have done for me and how they did it. After a while, I could do it, too - but - maybe not as well as they did.

"Anyone can be a genius, if they pick just one specific subject and study it diligently just 15 minutes each day." -- Albert Einstein

5) I learned to "pay" for what I wanted. If I couldn't afford it, I saved-up to be able to afford it. (Sometimes if seemed like forever.)

6) I learned that no matter how long it took to achieve my goal (whatever it was), it would have been just as long if I hadn't persisted, but I would have accomplished nothing.

7) I learned that NOTHING is as easy or as fast as it should be. It only gets easier and faster when you know how to really do it - and - learning how to really do it is just a matter of doing it over, and over, and over, until you finally find out how it works. Of course, if you give up after the first (second, third, or fourth) try, you'll never do it.

"The secret to success is the constancy of purpose." -- Benjamin Disraeli


8) I learned most of what I know from my mistakes and failures.  My successes never taught me anything ... they were only based upon what I had learned from my mistakes and failures.  (That's why those who are afraid to make mistakes, or fail, never achieve the success they desire.)

"Success is a lousy teacher. It seduces smart people into thinking they can't lose." -- Bill  Gates


9) I learned that my most prized possessions were my customers. People who, directly or indirectly, paid for my lunch every day. (That's why, unlike my contemporaries, I reply to my customers emails personally.)

10)  I learned that "money" is NOT an end unto itself ... it is only a way of keeping score. (The saddest people in the world are those who are forever chasing the almighty dollar - and - the vast majority of them have no real respect for money.)
 
11) I learned to ASK for what I wanted or needed - and - to graciously accept a "NO" as readily as a "YES."

YES ... you can get rich - but - you'll have to do  it yourself.
No one will do it for you!

I get tickled by people who want to start at the top of the ladder. -- For some unknown reason, they honestly believe they are better than I am, since I had to start on the bottom rung and climb up one rung at a time.

When I mention the above, I often hear ... "Yeah. I could do that - but - it will take too much time. I need money now - and - I don't want to just make a little money, I want to get rich."

Sorry, you'll have to start where I started. -- Do what you need to do to make a little money. Then, do more and more of it to make more and more money. As you make more and more money, the greater the opportunities you will have to make even more money. -- Nothing succeeds like success ... even small success.

The more things you don't want to do, the fewer and fewer things you will do ... until you are doing as most people do ... NOTHING but dreaming!

I can teach you "how" to do it but, you won't get it, until you actually start doing it yourself.


I met a "real" Living  Legend


Although 'they' sometimes call me a living legend, at Michael Penland's seminar in Orlando, Florida, I met a "real" Living Legend ... Ted Nicholas (he's even older than  I am). -- We had known each other by our works for years but it  was the fitst time we met fact-to-face.

Ted, if you didn't know, is the author of several best-sellers including:

"Magic Words That Bring You Riches"
"How to Turn Words Into Money"
"The Golden Mailbox"
"How I Sold 400 Million Dollars Worth of Products and Services"

His latest tome of inestimable wisdom is his ... "Billion Dollar Marketing Secrets" -- you'll find it at ...

BillionDollarMarketingSecrets


And, you can get personal mentoring from Ted at ...

TedNicholasMentoringProgram


I'm quite sure you will learn to love Ted as much as I do.


Now, let's do some ...

Questions & Answers, Comments & Other Good Stuff!


David DeCantillon
asked ...

"How can someone make money on the side, when their juggling a full time job, a family, and other obligations?  Gurus always say, "If you dedicate two hours a day to promote your products online, you'll succeed." Correct?  -- The problem is they don't tell you how to schedule those "2 hours" to maximize their time and see progress. -- Did you start out the same way?  How did you go from part time to full time?  Did you follow a schedule?"

 David ...

Yes, it is possible - but - most people want to do it ALL only once (just 2 hours).

It can be done if ...

First, you make a list of ALL of things you MUST do to start. Then put them in order starting with the first thing to be done.

Then, choose your  work place and establish the 2 hours each day you will work.  No excuses, your boss (you) must demand that you be there every day (at least 5 days a week), on time, at your work place.

The first day (2 hours), go to your work place and do ONLY the first thing on your list; nothing else.  Don't even think about other things you are going to do.  If you finish the first thing before the end of the 2 hours, quit for the day; do nothing else.  If you don't finish the first thing, continue it the next day; do nothing else.

Each day, move on to the next thing on your list.  Do it for just 2 hours.  If you finish it. quit for the day; do nothing else.  If you don't finish it, continue it the next day; do nothing else.

Eventually, you will be making money.

I think I just heard some smarty aleck say, "Yeah.  But that could take a month or more."

So,  where will you be  in a month or more if you don't  do it?

I have never worked part time.  If I had a J.O.B., I did my own business for at  least 8 hours after work using the same technique.  I got a lot done, a lot faster.  I could finish 3 or 4 things during my 8 hours.


Kerry Sims needed to know ...

"Please tell me how to finance exports when you may not have capital to buy the products for export?"

Kerry ...

As I have explained in my export course you have your buyer issue a Letter  of Credit  (L/C) for their purchase.  Then, you have your banker issue a back-to-back L/C to your supplier and have the supplier ship the order.


Frank Lee wanted you to have this ...

"After countless days and nights of hardwork, I have created a simple but yet really powerful ebook about how to build happiness and success by building the little success habits over time. -- This simple ebook "The Power Of Success Habits" summarizes 39 very powerful success habits that are silently used by those happy and rich people. -- As a special way to THANK YOU to you and your members, I make it absolutely free for your members to grab a copy. "

Okay, Gang ... go grab your free copy at:  http://www.wealthsecretsgroup.com/links/st.php?s=successhabits_jim



Dave Roman also has a goodie for you ...

"Normally I sell my manual about 7 magic words I use for $39.95. People who attend my local workshops get the manual as part of the $129 workshop. I decided to give your reader's a special price for the new year. The price is ONLY $3.00! No catch! That's all you pay. No other cost or monthly fee's!"

Go  get it at:  http://tiny.cc/Magic01



Rob Gibson tells me ...

"I have written an ebook called "Overdraft Fees Refunded."  It draws on my nearly ten years of banking experience to give a plan to prevent overdrafts, plan to ask for a refund, and escalate your request if turned down."

Thank you,  Rob ...

Something every banking customer should know ... http://www.OverdraftFeesRefunded.com


Attila Hevesy wanted you to know ...

"I have something powerful for your readers.  A debt elimination program that actually works and we don't need to get involved negotiating with the ruthless Jesse James's in Blue suits at the CC Companies.  This is also the most compelling common sense alternative to Bankruptcy! -- In fact, as soon as a person joins the program, they stop making all payments and we put a financial shield around them to protect all assets while the program works itself through 8 steps. The last step of the 8 is a credit restoration program that will raise FICO scores a minimum of 60 to 150 points or more (depending on the circumstance)."

Okay, Gang ...

Check it out for your ownself at:  http://www.WipeOutUnsecuredDebt.com -- while you're there, pick up your free copy of the "How to Control Your Creditors" Report.



Sandy Barris wanted to ask you ...

"Do You Hate to Spend Hours Creating Marketing Plans and Marketing Action Calendars for Your Business?  Slash Your Planning Time by 80%... and Create Better Plans! -- Try Fast Marketing Plan NOW... Only  $1 for 21-Days"

Check it our for your ownself at:  FastMarketingPlan



Lance Johnson has a way to help you ...

"I think I may have a way to help your subscribers get started and stable quicker. -- Many people get stuck by the technology gap. They have great ideas, and are excited about starting, but get completely run down when they try to setup a website. -- I'm trying to get those kinds of road blocks out of the way with a "done-for-you" web site. Each site has a conversion engine, lead capture, shopping cart, continuity plugin - the whole shebang. And they're 100% unique. They come with their own domain name, graphics, and template designed just for that site.  Plus I try to change the "side job" mentality by paying their registration fee for an LLC in whichever state they live in."

Looks good to me.

Check it out for your ownself at:  SeductiveDevil


Noel Steele research may benefit  you ...

"I spend a great deal of time researching FREE tools & Resources that enthusiastic entrepreneurs can use right away... but have little or no money. -- I came across a FREE Membership that your readers might me interested in.  The membership offers a unique business model.  Every member gets a 70 page webiste... hosted at no cost.  Their FREE Training is excellent.  Members get an opportunity to sell just about every product imaginable. -- I tried for 2 days to find something wrong with the membership with no success and joined."

Okay, Gang ... go check it out at:  http://tinyurl.com/yc4b8ys



Tony B. Gischer tells me ...

"I have a discount chain store that will put Walmart in the dust!!  Already at 1.8 Million products and growing!  The company started in Oct 2009."

You can take a look at his store at:  http://www.kachingkaching.com/thevillagemart



Scot Lady did it then put  it together for you  ...

"I generated over 100,000 leads last year via PPC and SEO so I put a package together that can help people and that I will mentor.  I also throw in a script I just developed that will generate SEO'd web pages based on  the keywords targeted thousands at a time (if you have that  many keywords)."

You better look at this one ... PPC-SEO



Mark Vurnum wants to tell you ...

"The Simple Method To Set Up A $10,000 A Month PASSIVE Income."

You'll find it at:  http://www.leadgenerationvideos.com?a_aid=unknown


Have you been harboring the dream of getting paid for speaking to groups of people?

Or perhaps you've tried to make it as a professional speaker and it isn't working the way you had hoped.

Let's face it. if being a high-paid speaker were easy, more people would be making lots of money as professional speakers.

The fact is that one-third of all would-be professional speakers do not survive their first year! -- UNLESS ...  

They know Burt Dubin. -- So ...

If you have ever thought about making gobs of money as a professional speaker get to know Burt.

BurtDubin

Even if you haven't thought about being a professionals speaker, I recommend you sign up for Burt's newsletter. -- It's got lots of good stuff in it and it won't cost you a penny.


Well ... that's it for this month. -- In order to make every issue responsive to YOUR needs, please send me your questions; or tell me what sources or resourcesyou need to build your business; or give me any thoughts you want to share with your fellow members.

Believe it or don't ... I ain t a mind-reader. -- If n you doesn't tell me what you need, I may never touch upon the information, sources or resources you need.

This is your publication for you to use to your benefit ... I am just your moderator.

 Until next month, keep well ...

J.F. (Jim) STRAW
Grande Panjandrum


Thought For The Month!

"In reading the lives of great men, I found that the first victory they won was over themselves ... self-discipline with all of them came first." -- Harry S. Truman


Can you stump the old master? -- Betcha can't!

Over the past 50 years (man and boy), I have made bundles of money in direct selling, service contracting, wholesale merchandising, entertainment (I was a professional Trumpet player, vocalist & Radio Announcer), freight forwarding, import/export, retail merchandising, warehousing, real estate, electronics manufacturing, finder's fees, closeout merchandising, financial brokerage, business consulting, steel fabrication, gold and coal mining, offshore banking, mailorder, writing, and publishing. -- That being the case ...

No matter what business you're in ... whether you're just starting, well on your way, or at the top of the heap ... I've probably been where you are, done what you are doing. -- So ...

Anytime you have a question about 'how' to do something in your business - or - if you have any comments about anything I've said in issues of this e-Letter; or if you want to add your 2 cents worth ... just "ask" me or "tell" me.

Send your Questions, Comments or 2 Cents Worth to ...

with "Question" - "Comment" - or, "2 Cents Worth" in the SUBJECT.

If I, personally, don't have an answer to any question you may ask, I will contact some of the professionals in your field of endeavor (I will probably know one or more personally) to get the real 'skinny' for you.

Note: If you want to ask a question anonymously just tell me so when you send in the question. -- Nobody but you and I will know who asked the question.


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