Early Retirement -- Start Planning At 30

Plan Your Retirement Early

This message is for the young adults who have suddenly realized that they have to start thinking and planning for retirement (forced or otherwise). This realization usually comes about for most after they have settled into a lifestyle which includes a family, a career, and the realization that they have to have a plan beyond working at a job.

Some will get financial advice and begin to start saving using current financial products like Ira’s, 401k’s etc. This is what I call the traditional retirement planning method. Others will invest in stocks, options, bonds, etc. and run their own self directed accounts. But many will do nothing and spend all their income on day-day expenses saying “I’ll start saving next year.”

Early Retirement Plan

Today I would like to propose a different approach to Retirement Planning. It is a two pronged approach which includes the following:

• Traditional – save 5-10% of your gross salary using IRA’s, 401k’s etc.


• Invest in building an Internet business for retirement.

Traditional Approach

The traditional approach is making sure you are putting away a fixed amount each paycheck, which is invested for your future. The higher percentage you save the better. You might be saying “But I need that money for day –day expenses”. In the beginning that may be true but change your lifestyle to find the money. Believe me it will be well worth it and after you have done it for a few months you won’t miss it.

Ok, let’s do a little dreaming. Supposing you followed the recommendation above and you religiously saved 10% of your income starting at aged 30. As the years went by your salary grew and your retirement investments continued to grow as well.

Start An Internet Business

You also started your own internet business at the same time. You invested your time and money building your internet business while holding a full time job and raising a family. Was it hard? “You bet it was” But you rationalized it as continuing your education by going to school at night.

You struggled for 4-5 years but during that time you became proficient and in some areas you even became an expert in operating an online business. The business grew to the point where your salary was greater than the salary from your job. Is this a fantasy, no. Is it possible, absolutely.

Now think about the possibilities at this point. Here are just a few.

• You could decide to work your business fulltime
• You could continue to grow your business and increase your wealth
• You wouldn’t have to worry about your retirement income because your business provides a continuous cash flow 24/7.
  

Your income is not dependent on a job that is dependent on someone else’s business.

There are many other possibilities; you just have to be open to them. New business opportunities on the internet are being identified every month and once you have the knowledge and expertise you will be in a position to take advantage of them because you invested in your future five years earlier.
A word of caution, I have been talking about a successful internet retirement business. In order to be successful you need a comprehensive understanding of the business and it requires an investment in the business and in yourself. Find out more. Click on Building Your Own Internet Retirement Business.

Early Retirement Business Strategy

Stop Listening to Your Friends

Let me tell you my thoughts about listening to friends when you are trying to do something that is new.

• They will tell you why it won’t work.
• They will tell you all of the horror stories about others who have failed.
• The will cite media stories of the problems and failures.

Don’t listen to them unless they can contribute to your success.

Become a Success Thinker

Attitude, belief and perseverance are three of the most important tools you can have when building your internet retirement business.

I define a Success Thinker as a person who is committed to their growth both personally and through business ownership. That person will invest in information and knowledge to build their personal and business skills especially if it will accelerate their business growth.

This is very important point for those of us who were taught to work all our lives for someone else because being a Success Thinker requires a different mindset.

Become An Internet Entrepreneur

Become an internet sponge. Learning how to become a successful Internet Entrepreneur is not hard, it is just a lot of hard work but I think it is worth it. The internet has come a long way over the last few years. It use to require a strong technical knowledge but today you can setup your business faster because you can learn things like affiliate marketing techniques.
That may require hard work, a good attitude and perseverance but I think it beats working for someone else.

Have A Five Year Retirement Plan

Being a successful internet entrepreneur requires a plan. Each person has different knowledge and skills when they decide to build their internet retirement business and to be successful you must have a plan to define your internet business, identify your strengths and weaknesses, define other resources and develop a five year plan to success.

Manage The Tensions In Your Life

I read a blog recently which talked about structural tension.

The author defined structural tension as:

• The gap between where you are right now and where you want to be and is responsible for generating creativity.

The caveat is:

• As long as you don’t let negativity become the driver of your thoughts.

Make no mistake, attitude, belief and perseverance will all be required to keep the creative juices flowing. Negativity has no place in building a successful early retirement business.
For additionl information go to Build Your Own Retirement Business.

To your success.

A Huge Reservoir Of Stored Knowledge Ready To Meet The Internet --- Boomer Retirement

This is a challenge to all retirees out there, future and current, no matter what your age. Become a Success Thinker and use your talents, expertise, knowledge and experience:

· To embrace the Internet, expand your vision of the future, and leverage these resources to expand your lifestyle.


Ok, I can hear you now “I’m retired and I don’t want to learn a new skill set” and I say “That’s ok, you can go to work at the mall for a minimum wage and struggle to maintain your current lifestyle”.

Let me give you six good reasons to consider building your own internet business instead of working at a JOB:

- Start an internet retirement business which you have a passion for, or have fun doing, while making money and hopefully much more than a JOB.

- Work hours that are flexible and meet your schedule. So you can enjoy your family and your retirement lifestyle.

- Work anywhere and anytime, where there is an internet connection. You can check how your business is doing anytime and anywhere.

- Make money anytime and anywhere even while you snooze. In this case you can snooze and possibly win big instead of losing. You can’t do that with a JOB.

- Running an Internet business is more mentally than physically challenging. It will help keep you sharp and you don’t have long hours on your feet working for someone else.

- The business can be setup and run without maintaining inventory, employees, and other overhead which you would have if you had a traditional storefront.


Remember, there is no free lunch. You will have to invest your time and money to learn to become proficient as an internet entrepreneur. But it could result in a lifestyle which could expand at this point in your life, and that would certainly be welcome, I would think.

Think it over, the choice is yours. If you would like to find out more information about starting your own internet business go to Build Your Own Internet Retirement Business.

To your success!!

Building Your Internet Retirement Business

Four Key Requirements

There a four key pieces in developing a successful internet retirement business. They are:

· Finding a focused target market
· Finding a product people are hungry for
· Developing a marketing strategy
· Automating your business

Primary Objective

Your primary objective is to build an internet income stream which is repeatable over and over again. This can be accomplished by:

· Finding the hungry crowd
· Determining what to feed them
· Telling them about your offer
· Automating the process

Starting Out

When you are starting out to build your internet business the best way to accomplish this is to find a product that has a proven track record in the four areas outlined above.

In the beginning one of the internet traps many new internet business builders fall into is trying to learn and do it all. One of the best ways to learn how to build your new retirement business on the internet is to market products that someone else has already marketed and sold with a proven result. This is called affiliate marketing.

Affiliate Marketing Compared to Other Internet Businesses

How does this compare to other opportunities? Check it out at 5 Retirement Business Opportunities. As you can see the product sale including the pre-sales letter and all of the customer related tasks are handled by the business owner. You get paid for marketing and referring the customer to the business. Your commission can range from 10 – 75% depending on the affiliate agreement. Want to find out whether this business model is for you? Check it out at Learn To Put Your Internet Retirement Business On Autopilot.

Start your retirement planning today and start building a business you can run from your home and in your spare (ha, ha) time. We all know in this day and age most people have little if any spare time so I would recommend you begin today by starting out small and making the time to learn how to build a successful internet business. There is nothing about building your retirement business that requires the special knowledge and expertise that can’t be learned by focusing on gaining that information from people who have already done it successfully. Start learning and thinking like an entrepreneur not an employee. Make a commitment to yourself to get the knowledge and develop the expertise to become an internet business entrepreneur and you will be on your way to enhancing your life style now and in your retirement years. Start now by taking the first step. Learn how to put your internet retirement business on autopilot.

To your success.

Retirement Planning -- An Un-Othodox Approach

Stop!!! All I hear or read about is 401k’s, Roth IRA’s, IRA’s, pension plans etc. Don’t get me wrong, retirement planning, using these tools are extremely important but there is another way to plan for your retirement. I just read a comment on a retirement planning forum from a 23 year old who had saved 20 thousand dollars for his retirement and was asking people on the forum for advice and whether he was doing the right thing to plan for his retirement.

This got me to thinking. Why are people looking at retirement planning only one way. Which is:

- Using government of financial services products only to accomplish their retirement planning objectives.

Retirement planning should be about how you can increase your wealth and life style. Not just putting away a certain number of dollars per year :

- Based on a retirement calculator that assumes inflation is X and that the investment Y (401k, IRA, etc.) grows at a rate of Z. over the next 20+ years.

Don’t get me wrong I am not saying you should not include these tools when you are developing your retirement plan. They are a must. What I am saying is that you should consider becoming an entrepreneur and developing a business that will provide additional income which will enhance your retirement life style.

How do you do that? Build a business on the internet. Ok, I can hear you now. “I don’t know anything about starting and running an online internet business” and I believe you. But don’t let that be a cop-out, because you can learn. The internet provides another option to retirement planning and one which can add to your financial resources after you’re retired.

There are many different opportunities to plan for increased retirement income using the internet as a retirement tool. Add this tool to your retirement calculator and plan a retirement that includes increasing your retirement life style instead of just trying to maintain it. Go to Building Your Own Retirement Business for more information.

Un-Retirement

Could Be The Best Thing That Could Happen To Some Retirees

What Has Changed

• People are retiring younger (20 years and out).
• People are healthier (can have a productive life for 20 or more years).
• People are interested in increasing their lifestyle instead of maintaining or reducing it.
• People are retiring with a vast storehouse of knowledge and expertise that is marketable and they want to do something with it.
• There is a marketplace that is open 24 hours per day, 7 days a week, that they can tap into and increase their income to help them enjoy more of what retirement has to offer.
  

Taking Advantage of Change

This major change we are talking about is the internet. As employees we have been taught to think of working for someone else to make money. The problem with working for a living is you can only earn what the employer wants to pay you. And if you are retired, many retirees take minimum wage jobs even though they have more to offer (and get paid for) than their employer will pay.

Think Internet

It will require a different commitment (a lot of work in the beginning to set your business up) instead of giving your valuable time to make someone else’s business successful. But there are big benefits to setting up your own internet retirement business. A few of them are:

• You are open for business 365 days/year 24/hours /day.
• After the initial setup you can work on your schedule not someone else’s.
• You will be doing it for yourself and not someone else so you will be rewarded as a business owner instead of an employee.
• You can organize and establish your internet business around what you know, your passion, or your expertise so you can get paid for it.
  

Becoming An Internet Entrepreneur

What does it take to become a retirement Internet Entrepreneur? Here are a few important changes you will have to make:

• A change of mind set from employee, which most of us have been all our working life, to entrepreneur is essential.
• A realization that building an internet business in your retirement is not difficult to do it is simply a lot of work.
• Because we have been employees our entire working life we must invest in ourselves and learn how to become entrepreneurs and business people.
• Because we are not familiar with operating a business on the internet we must spend (invest) wisely in learning how to build a successful internet business.
  

If You Are Going To Do It Though Do It Right

After reading the information above, you may say “I’m retired and I don’t want to start a business at this stage of my life”. And that’s ok. To those people who are looking for ways to increase their life style by building their own internet business and becoming un-retired my advice is: “Do it right”

Here is what I Mean:

• Spend money (invest) in becoming an entrepreneur instead of trying to build your business with an employee mind set.
• Spend money (invest) in becoming the best internet marketer you can be.
• Spend money (invest) wisely in your personal development and your business.
• Be aware that there a lot of people on the internet that will tell you they have a magic “get a rich quick solution” to your success. Don’t believe it, it is a lot of work, not hard work.
• Be a Success Thinker. Instead of listening to others who will say your business won’t work. If it doesn’t try again, don’t give up. You can be smarter than 87% of the businesses on the internet, but you will have to invest in finding out how to do it.
  

Start today by going to Start Your Own Internet Retirement Business for more information.

Retirement and Your Internet Business

Retirement and Your Internet Business

As a retiree I have been evaluating business models for making money on the internet for the last few years. I know many of you have read the hype, watched the infomercials, read the news articles, etc. on how to get rich by making money on the internet. Some of you have also attended free seminars which talk about how easy it is to make money and get rich by starting your own internet business.

Most of us first experienced the internet market place by buying or even selling stuff through Ebay, Amazon, Yahoo, or buying directly online from Best Buy, Blockbuster, etc. But this site is not about showing you how to be a buyer of someone else's products online. It's about giving you the necessary information and identifying the correct resources for you to evaluate whether you should become an internet entrepreneur at this stage in your life.

At this point:

- Are you looking for a business opportunity to supplement your income monthly?

- Are you recently retired and want to start a new business.

- Are you recently retired, bored and want to find a rewarding, challenging and possibly lucrative opportunity to make money online.

How to Get Started

If the answer is yes to any of the questions above than maybe I can help. You see, the biggest problems with starting an online business is knowing how to get started and making decisions on things like:

• - What to do
• - How to do it
• - Where I should (invest) spend money
• - How much money should I spend

Now I don't purport to know your circumstances but I can offer you some valuable advice based on my own and sometimes costly experience. You see, I had the same problems and uncertainty's, when I started thinking about, evaluating and starting my own online business. My background is from the corporate world where I managed large organizations and I had to learn and relearn how to develop and run an online business as an entrepreneur.

Entrepreneurial Business Venture

Make no mistake about it you must view this new venture (if you choose to go forward) as an entrepreneurial business. If you treat it as a hobby (even though you start your business around your hobby) the chances of it becoming a profitable business over time are diminished considerably. So my advice is to treat your new venture as a profit/loss online business immediately and start it and grow it to make money from the start. Let me start by giving you an overview of how to go about starting and operating your own internet business. So let's get started on our journey.

STARTING YOUR OWN INTERNET BUSINESS

While there are many areas that are important to understand I would like to focus on the following 5 important categories:

• - Investing in your online business
• - Investing in yourself
• - Understanding internet marketing
• - Drawing traffic (customers) to your business site
• - Developing a business model for your online business

The reason I will focus on the five areas above is because I believe these are the areas that are critical to building your own online business. Let's get started.

First, you have to understand one important thing, you have to invest in your online business. Remember this is a business not a hobby. You have competition out there and you must invest the time and money to be successful. If you don't make the investment your competition will and they will take your customers once they see the niche has profit potential.

Second, you have to invest in yourself. Remember, for most of us entrepreneurial skills have not been a part of our tool bag. It is essential that we develop these skills to run an online internet business.

Third, we have to understand internet marketing and selling to pick successful product(s) or service(s) to market or sell. Because bottom-line, your business is not going to make a dime if your customer doesn't buy or your competitor gets to him first.

Fourth, having an internet business is not like having a store front in your home town or mall. You and only you are responsible for getting customers to your online store front. Unlike the mall where people are passing by, people will not come to your online without you drawing them to your site.

Fifth, once your customer buys from you, you have to have an online business model which will continue to draw new customers to your business and sell to your existing customers over and over again.

Sound complicated and confusing? It doesn't have to be. But make no mistake about it, you will get out of your business what you put it into it. The good news is the same internet that you are going to make money from is the same resource that will help you be successful in developing your online internet business and that is where I can add value. I will show you the places to look to develop and grow your business.

There are lots of resources that are free or at modest cost while there are other resources which are worth the additional investment in your business to help you be successful. Know where to get these resources and invest the money and time in your internet business and you will looking back on this day as a day you started your new online venture on the internet.

Get started today and begin by improving your Business Development Skills.

To your business success.