"Watch This FREE Nitro Blueprint Video And Get
10 Simple Steps That Creates Your Own
Full-Time Income While LOVING What You Do"

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"Watch These 5 FREE Nitro Blueprint
Videos And Get 10 Simple Steps That
Creates Your Own Full-Time Income
While LOVING What You Do"            

If you liked the "Dirty Laundry Report" then you are going to absolutely LOVE these 5 Nitro Blueprint System videos that we have for you!

Video #1 is called: "The New Path Video"
Video #2 is called: "Building a Business Not An Income"
Video #3 is called: "The 10 Steps Revealed"
Video #4 is called: "In-Depth Training On Steps 1 - 5"
Video #5 is called: "In-Depth Training On Steps 6 - 10"

In these 5 videos over the next 5 days, we're going to give you The Big Picture of an online business system, including not only what to do, but also WHY to do it- and just as important - how to properly THINK about your business. (The missing piece that you never hear any of the "Gurus" talking about - the Internet Business Success Mindset)

You'll see PROOF that it works.

(The Nitro Blueprint System has been 29 months in the making based on over 8 years of REAL Internet business experience)

And you will also learn:

• The simple 10 step 90-day plan to having a lucrative online business, even if you are starting from scratch.
• How to have a business you LOVE doing.
• How to have a business that lasts for the long term.
• How to eliminate procrastionation, take focused action, and start gettng immediate results.
• The Experience Factor, Core Activity Principle, the Tile Path Theory, and The Empty Box Principle.
• I'll Walk you through all 10 steps that we use for every site we launch, every site we rennovate, every business we start, and every client we take on.

Special Bonus #1: The Amazing True Story of how a green-as-the-grass newbie with no desire to "do internet business" used the Nitro Blueprint system to create $22,748 in 3 weeks, from scratch. (in a totally unrelated niche market)

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There's an elephant in the room that nobody is talking about.

And it is beginning to stink so bad that I've got to be the first person to bring it up.

Yes, it's time to air out the dirty laundry of Internet Marketing.

Why are hundreds of thousands of people who are trying to start, launch, and grow an
online business - with all of the information available showing you how to do that - still frustrated, confused, overwhelmed, and no closer to the success you desire than when you started?

(And even worse - further in debt and totally
discouraged from continuing after your dream.)

Well, I'm exposing exactly what the problems are and it's all revealed in this special report I've just published for you which will give you some real answers, expose the real truth to what is going on, and more importantly give you some real help you can depend on - and I'm calling it:

"The Internet Marketing Dirty Laundry Report"

Why Following 'The Gurus' Is Leaving You Frustrated,
Overwhelmed, Confused, Struggling And Broke.

In This Report:

Chapter 1: Why People are Frustrated, Overwhelmed,
                Confused Struggling and Broke… Despite
                the Glamorous Promises Being Made to You.

Chapter 2: The Get Rich Quick Myth - BUSTED!

Chapter 3: The Bamboozler In Hiding

Chapter 4: The "House Of Cards" Are Not Playing With A Full Deck

Chapter 5: What To Look For In A True System To Follow?
                (And what not to touch with a ten-foot pole)

Chapter 6: Real Value, Real Results - Given To You For Free

Chapter 7: Does It Really Work?

Register below for instant "Dirty Laundry Report" access: First Name:* Primary Email: * Phone: (Platinum ONLY) We Respect Your Email Privacy!

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While attending the Altitude event in October, we experienced some powerful breakthroughs. I want to share some details about one of the key takeaways we had and the first one was using a business dashboard.

(Matt Gill with Eben Pagan at the Altitude event)

What is a business dashboard?

It is a report, a piece of paper, a printout, an email, a web page or any one of many other formats where you see a daily or real time view of what is happening with your business.

For an online web business, the dashboard might show:

• - Number of visitors to your site:
  • – from search engines
  • – from pay per click
  • – from affiliates
• - Number of people signing up for your newsletter
• - Number of people who purchased your product(s)
• - Number of emails sent out
• - Number of customer service emails received
• - Number of customer service phone calls received
• - Number of customer service tickets generated
• - Number of customer service tickets resolved
• - Today’s cash in the bank
• - Today’s accounts receivables
• - Today’s accounts payables

The first one I saw was prepared by hand every morning using a typewriter for one of my consulting clients in 1981. The owner could make meaningful decisions about his business one day and see the results in the next day’s report.

A few years later I created one for managing 1,000 operators. One could instantly see whether or not to postpone breaks, call in extra help or send people home early, saving us millions per year in lost revenue and overtime.

I’d planned on using that in our business but concluded it would be part of the “super system” I envisioned us creating to help run our company.

What Eben did at the Altitude Seminar was show how simple it is to start doing it today…using Excel spreadsheets. The moment he mentioned that I felt like kicking myself in the rear. I should have thought of that. At the next break in the seminar I made a few phone calls and asked to have two dashboards created: one showing our traffic and list sizes; the other showing our revenues and financial condition. We had working prototypes the next day and have fine tuned them since. We now can see where we are financially and where we are with traffic, sales and list building.

These have already influenced several decisions that would have been poorly made without this great information.

In both cases it takes about ten minutes each day for these to be prepared using Excel and then emailed to the distribution list. The greatest thing about it is these Excel dashboards are available now rather than “some day” when the big system is finished.

Altitude is all about action. Having great ideas - having spectacular, earth shattering breakthrough ideas have absolutely no value unless they are acted upon.

I had a chance to talk about the seminar with one of my mentors when I returned. This particular mentor is one of the three co-founders of a Fortune 500 company. I mentioned some of the great lessons I learned at the seminar including that one.
He said, write this down “A bias toward action” and put it on your PC. I look at that Post-it Note every day and take action early rather than continue to think about great ideas.

That sticky note summarizes the single most important takeaway from the Altitude Seminar – Take Action.

The second greatest takeaway is that of the Excel dashboard. Keep up to date with what is going on in your business so you can now make better decisions today.

So that’s just a small sample of the kind of information you can get from the Altitude training. If you’ve been considering it, you’ll have to act fast. Its only available until Friday at midnight, unless they sell out sooner (the last time I knew they only had 271 sets left).

Our special "Decuple Your Profits" bonuses sold out, but for the next 5 people who order here, I'll personally make sure you still get the special bonus package including some of our best information and extra training to help you profit fast.

~ Dan Swanson

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This is the 12th Mistake in the "13 Financial Blunders Newly Successful Internet Entrepreneurs Almost ALWAYS Make" series.

12) Not Developing A Savings Habit

We've mentioned this in several past Mistakes but it really deserves its own mistake because it is so common yet so important.

Why are you not saving (enough or anything) right now?

Here are some of the most common reasons I have experienced or seen in others.

Usually it comes down to a Future Spending Mindset (see Mistake #1).

Such as…

** You will start saving when you make more money. You are just able to cover your current lifestyle expenses right now so any additional money will go towards savings.

** Or when you get that big "payday" from a future promotion, product or plan you will use that for your savings for this year.

** Or another common reason is "I don't know what to do with it so I'll wait until I have a plan."

The problem with those ideas is…

As we talked about in past Mistakes, as you increase your income your lifestyle expense increases at the same (or even greater) rate. That means that money you were "going to save" is now going towards the new car, the new watch, more travel, more this and bigger that.

Everything but what you planned on which was saving money for your long-term financial future and security!!

What's the solution?

Like anything you do successfully, savings is a learned habit. And not saving is a learned habit as well. A bad habit you have mastered over many, many years.

That means you need to change your habit from not saving to saving on a consistent, regular basis.

The first step is to start the habit now, even if its a very small one. And STICK WITH IT and allow that habit to form.

Every day place $1 or $5 into jar. This small, simple step starts you on the path to developing that savings habit.

Some people, well let's be real most people will read that and think that's stupid, not important or not for them and they will continue on with bad habits and look back in a few years and wonder why nothing changed!

Please don't be that person.

Then once a month deposit it all into your www.ingdirect.com savings account.

Also when you pay yourself or take money out of the business, set aside a certain percentage into your savings. You can start with just 1% or 5%. I would encourage getting to the 10% level. For the past year or more I have set aside at least 15%.

Then as you increase your income increase your savings percentage and be aware how your spending is increasing over time so it increases at a rate lower than your increase in income. (This ties into Mistake #13 which is coming next.)

Finally develop a plan on what to do with the money you are saving. Putting it into a high interest savings account like www.ingdirect.com is a good start. But also what is your long term investing plan? Mutual funds, real estate, businesses, etc.

If you don't have a plan and a goal then the likelihood of getting there is virtually zero.

Next up, the last "official" post in this series (but I have 3 bonus Mistakes after the 13th!

~Kevin

business, entrepreneur, financial mistakes, savings, savings habit

This is the 11th Mistake in the "13 Financial Blunders Newly Successful Internet Entrepreneurs Almost ALWAYS Make" series.

11) Good and Bad Debt

I don't think I need to talk too much about bad debt. I've been there in my younger years when I was getting started in business. I not only financed my business but also my rent, food, furniture and just about everything with debt when I was getting started in the 1990's. That's because I took the "Head First" approach to going full-time in business.

If you are in a position where you need to get out of debt. I highly recommend spending a little time to become educated on how the most effective way to get out of debt. My friend Leo Quinn does an excellent job at his site on debt reduction.

Today let's talk about GOOD debt. I bet that's a term you never thought about!

Specifically debt for your business.

If you want to grow your business to any decent size (in excess of a one or two million dollars a year) then you will experience hiccups, growth struggles and high costs before income periods.

In essence having access to short term debt can be the difference between many sleepless nights or even failure and pain free growth.

Let's look at a couple examples.

Your merchant account company goes psycho (which in their world is considered standard every day practice) and freezes your account because (fill in any stupid reason you can think of) and that $50,000 in sales is going to take 6 months before you receive the cash in your bank account.

However the expenses for those sales (product costs, affiliate commissions, PPC fees, etc) are not put on hold for 6 months.

Enter cash disaster!

However if you have access to business debt you can survive this potential disaster with little if any worries.

Side Note: Some people new to the game may think I'm exaggerating the merchant account story, I'm not. Us savvy veterans have at least one if not multiple stories like that in our war chest. That's why it is VERY smart to find a good solution from day one. I highly recommend Paul at www.epaymentguru.com

The company he represents is internet business friendly and understands our type of business. And you have somebody (Paul) who is looking out for your best interest and teaches you how to be a good merchant.

That was a bad case scenario, let's look at a positive one.

You decide to add a physical course to your line up of products, you use the Resource Directory in our Nitro Blueprint System to find the best companies to produce and fulfill them for you. Then reality sets in. To create 1000 units and get a significantly better price is going to cost $30,000 upfront!

That's a big chunk of money to put down knowing it will be anywhere from 2 to 6 weeks before you start turning it into sales.

However if your business has a good credit record you can negotiate net 30 terms with your vendor, have the products produced with no cash down, start selling them and pay the bill out of your sales.

Yes, just like you have a personal credit record, your business (if it is a corporate entity such as an LLC or an INC) has a business credit record. That is if you do what I am about to share with you.

The Good Business Debt Solution.

Here is what we have learned over the years.

First get a credit card for your business and charge your expenses to this card. Then pay off the balance each month. Mine is through American Airlines Business Platinum Card program and earns me miles. I also know a lot of people who have an American Express business card.

This starts developing your credit history.

Second go to the bank your checking account is with and set up a line of credit.

This is is credit that is available to you in "like cash" form. You can move cash into your checking account and build up a balance on your line of credit and usually only have to pay the monthly interest.

There will come one or more times in your business life, especially if you are a growing company, where having access to temporary cash will be a life saver.

And like the saying goes its much easier to get it (the line of credit) when you don't need it than when you are neck high in a disaster.

Also, make a point of having 3 solid credit references from other companies.

When you are trying to get payment terms with a new company or vendor they will check out your credit references to see what terms they have extended you. So your CD production company provides you net 30 terms up to $10,000. Or a company you advertise with provides you net 15 terms up to $30,000.

You can even go one step further and set up a Dunn & Bradstreet account and number. They are like the "Experian" of the business world and maintain your business credit history. Anytime you apply for business credit they will run your D&B report.

By providing your D&B number with your application you show you know the game you are playing and not some business newbie.

Another side note, one of D&B's main business is collecting money. If a business owes you money and isn't paying up, you can have the big boys go after them and they are very effective at collecting.

Next up in this series, Mistake #12, is a habit you should have but mostly likely do not (it took me many years to finally get this one down).

bad debt, business, financial mistakes, good debt

This is a FOLLOW UP - what you should do - to the 10th Mistake in the "13 Financial Blunders Newly Successful Internet Entrepreneurs Almost ALWAYS Make" series.

10b) Now, What *TO DO* With Your Cash: Turning Cash Into Assets

I first read about this in Robert Kiyosaki's book Rich Dad, Poor Dad and the better one Cash Flow Quadrant. Instead of using your cash to buy expenses (such as cars, etc) use it to buy assets that generate cash and then use that cash to buy your expenses.

But it was when Dan Kennedy explained it in his Wealth Attraction seminar that it sunk in.

He first made it clear, like we already talked about, that the #1 objective of your business is to allow you to extract cash from it into your personal life.

Then, you turn that cash into bigger and better passive cash producing assets.

Although there are some entrepreneurs that bet their long-term financial security into their business and the day they exit with the big pay day (usually selling it off). I think that's a potentially disastrous plan because you have no control over that future event.

What if something happens and the business falls apart. Or you are unable to sell it. Or your exit plan ends up being for less than you planned.

Now, we should all, as the saying goes, plan with the end in mind and have a plan to exit our business.

But that future event, in my opinion is a BONUS in your financial life, not the central pillar.

Instead, using the idea that my business's main goal is to allow me to extract cash. It is my personal goal to turn as much of that cash into passive cash producing assets.

OK, enough talking about it, here is exactly what I'm doing.

Every month I set aside at least 15% of my income into savings plus my taxes. (Don't forget, from Mistake #2 you should already be setting aside your taxes every month.)

You can start off with a smaller amount, even just 1% or $50 a month is better than nothing. In the beginning it is about starting the habit. Once you have the habit you can increase the amount.

Along those lines, I learned this from T Harv Eker's Millionaire Mindset book to also reinforce this savings habit by setting aside a small amount of money each day. So every day I put $5 into a cup to have that daily savings experience.

I use www.ingdirect.com online savings account to earn a nice 4.2% interest on that money while it is waiting to be put to use.

Then, every month I also decide if I want to set aside more than that amount.

With that money…

First, I created a personal cash safety net equal to 3 to 6 month's of my average expenses. This sits in the savings account for emergency purposes.

Second, I max out any IRA accounts I have to take advantage of the tax savings.

Third, a portion of it I am putting in my Prosper account and buying loans that earn me anywhere from 10 to 15% interest. I'm hesitant to recommend this because I am still testing it out after doing a considerable amount of research. If you use it I recommend first learning the process, if there is interest I can share some tips on what I am doing, just let me know as a blog comment.

Fourth, I am in the process of investing into real estate after studying and forming a plan. Right now is an unbelievable opportunity to buy low while everybody is getting out, you can find some amazing deals.

There are two books and a website I have found to be the most beneficial.

- Dean Graziosi's new book "Be A Real Estate Millionaire". I first saw Dean's Infomercial (yes, I find myself watching infomercials to find good marketing ideas, his gave me a really big one). And on it he was talking about the opportunity we have right now and his book shows you exactly how to take advantage of it.

- The Millionaire Real Estate Investor by Gary Keller was referred to me by a local real estate investor, Brandon Watkins, I had lunch with to pick his brain. He recommended this book and it does a great job giving you the fundamentals of having a real estate investment business. It really opened my eyes.

- And a member of our Nitro Blueprint BetaTest Group, Jackie Lange's "Center For Real Estate Wealth" is an online training center and community for real estate investors.

There are some other plays I am making but this is a great start for today.

The 11th Mistake in this series looks at debt. Did you know there is good debt and bad debt?

business, cash flow quadrant, financial mistakes, passive cash producing assets, rich dad poor dad, wealth

This is the 10th Mistake in the "13 Financial Blunders Newly Successful Internet Entrepreneurs Almost ALWAYS Make" series.

10a) What NOT To Do With Your Cash: Personal Expenses Greater Than You Can Support

When you are not making Financial Mistake #9 and you are extracting cash, and lots of it, from your business into your personal life. That's when a whole other HUGE mistake appears.

This one can look a number of different ways and usually goes hand in hand with Mistake #1 of Future Spending.

Some people might be "keeping up with the Jones", others might have a "gadget addiction", others flat out have an "inflated ego" and focus on extravagant living.

But it all boils down to the same thing, creating a lifestyle that is beyond your means.

Let's analyze each one and see if it describes you…

Keeping up with the Jones': This has become a major problem in the US. Instead of being grateful for what you have (but still that entrepreneurial drive to achieve more), you instead take for granted what you have, always want more more more and take the next step and keep your lifestyle a step or two above where it realistically should be.

The truth is, we have become a culture addicted to consumption. We get a thrill off buying that next thing, even though we grow tired of it days later.

That leads to…

Gadget Addiction: You have to have the next cool thing from cell phones, to clothes, luggage, TVs, furniture, accessories, shoes and the list goes on. Even if you don't need it, won't realistically use it and it's crazy for your level of income to spend on it.

I have a $15,000 piece of exercise equipment sitting in my garage that I haven't used in over a year. (I instead work out every morning with a $25 tool.)

And then the final one…

Inflated Ego: And your extravagant standard of living. You think you deserve the best from food, travel, house, car and more. Nothing wrong with believing we deserve the best in life. I 100% believe that. But we only deserve it once we earned it! Not because we woke up one day, after seeing a little success, and think we rule the world now.

Instead of letting your ego control your financial life, let your results to produce financial results control your financial life. It's time to earn what we desire instead of feeling we are entitled to it.

In the next post we will look at what TO DO with the cash you are extracting from your business.

business advice, entrepreneur, financial advice, financial mistakes, future spending, gadget addiction

This is the 9th Mistake in the "13 Financial Blunders Newly Successful Internet Entrepreneurs Almost ALWAYS Make" series.

9) Not Maximizing Cash Extraction From Your Business

The #1 financial objective of your business should be cash extraction.

Cash extraction means having the ability to move cash out of your business and into your personal life. What you then do with that cash makes up Mistake 10 and 11! 

The First Problem:

Your business generates a lot of gross revenue, but there is very little net profit left over.

(Gross revenue is the amount your customers pay you for a product or service, net profit is how much of that money you get to keep after paying for expenses such as advertising, affiliate commissions, overhead, etc.)

The First Solution:

Do an audit for 3 months and see where money is coming in from, and where it is going out to. What are the profit margins? Are you doing things that look good, but result in little or no profitability?

What you find will be shocking, regardless of how well you think you know your business. From products that may actually be losing you money to the amount of money you spend on different things.

In fact excess business spending is a big problem, because it's easier to justify spending when it's "for the business."

Now, moving forward, before making a business purchase, ask yourself, "What is my plan for using this, and will I realistically do that?"

The Second Problem:

The opposite is also true.

Taking out too much cash and crippling the business.

This can get to the point where you are using this month's revenue to pay for last month's expenses.

As a result, there's no cash buffer for emergencies or to allow to to take advantage of opportunities that come your way like buying a website that's a great compliment to your business.

The Second Solution:

Have a certain amount of cash you keep in the business for emergencies. There should at least be enough for 3 to 6 months of expenses. Ideally, there will be enough set aside to cover your average total expenses, but it needs to at least cover your fixed/overhead expenses. 

Also do a monthly "budget" where you know how much in expenses you generated in a month (such as commissions to be paid to affiliates, fulfillment costs, etc.) that you have to pay the next month, and set aside that money as the month goes along.

Now that you are successfully extracting cash, find out what NOT to do with it…coming up in Mistake #10!

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First, let's look at the definition of addiction:

Addiction — The state of being enslaved to a habit or practice or to something that is psychologically or physically habit-forming, as narcotics, to such an extent that its cessation causes severe trauma.

Now let's look at a "so true and funny it hurts" look at what you do on a daily basis.

Just like Jeff Foxworthy and his "you might be a red neck" jokes…

- If you can't sit at your computer longer than an hour (or even ten minutes) without checking email…you might be an email addict!

- If you sleep with a portable device next to your pillow so you will not miss an email during the night…you might be an email addict!

- If you have to hit the Check Email button every time you walk by your computer… you might be an email addict!

- If you take your Blackberry with you when you go to the bathroom…you might be an email addict!

- If the first thing you do when you wake up in the morning, get back home, before you go to sleep, after dinner, after having sex, before you leave the house…you might be an email addict!

- If you're on your way to a restaurant/movie/kid's soccer game and realize you forgot your Blackberry, and you go back home to get it…you might be an email addict! 

- If you check your email while eating, driving, watching a movie, in bed, taking a shower, attending church, grocery shopping, having a heart attack…you're definitely an email addict!

OK, we all had a good laugh at our crazy addiction to email. However like many things that claim to make our lives more efficient, they actually suck the time and life out of us.

The solution:

Over the years we have developed a system that has become very effective. We will eventually put it into a report to share with you, but for now a great system and philosophy to follow can be found in this report by Tim Ferris.

Next up in our series, the #1 reason to have a business. Do you know what it is?

email addiction, financial mistakes, internet business, internet marketing