2009 - How To Become A Millionaire In Just 5 Years

An Introduction To Wealth Creation How To Definitely Positively Become A Millionaire In Five Years (Or Less!)

Today I’m Going To Cover My Story (Briefly!) The “Perfect Storm Of Success” How To Become A Millionaire In 5 Years The 4 Lanes Of The Wealth Highway My “Secret Weapon” Business System How You Can Get One Too!

My Gift To You!NicolaCairncross.com/worldcup ,[object Object]

Full Version Of The Millionaire Report

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Do You Have A Book Inside You?

Are You Well Known For Something?

Have You Achieved Anything Cool?

Are You Really Good At Something?

Do You Feel Destined For Success?Are You Or Your Business Under-Achieving So Far?

Grew up in Worthing, West Sussex – a dreamer / reader

Bright but “could try harder” at school – got bored very easily!

3 “O” levels (which I had to pay to enter) plus Grade 3 CSE Maths & Typing

Only achievements - Phoebe & Nelson - and then in 1998…..Epiphany!

And Here’s The Reason Why ….. I’m A Creator/Star Profile

So...If I’m Such An Underachiever…. Why Should You Listen To MeAbout Wealth Creation? This is the bit where I show you my fancy cars and house….

So What Do I Do With My Money? I Create Experiences…. For My Family

Why Should You Listen To Me? Because The Papers Say So…

Because C4’s “Secret Millionaire” Gill Fielding Says So?

Because VISA Int’l Say So? Because Pampers iVillageSay So? “Official Wealth Coach In Residence”

Because 5 x “New York Times” Best Selling Author Robert G. Allen Says So?

Or because I bought a half million pound hotel “no money down” and renovated it in 6 weeks flat? Created Sussex’s first “boutique hotel” Or because I managed to write a book and get it on Amazon when I had to pay to enter my English “O” Level?

My Secret Weapon # 1 The Ability To Chunk Big Vague Wealth Creation Concepts Down Into Practical Step By Step Plans For You To Follow

Zero To Quarter Million In Just Over 5 Years

And … My Secret Weapon # 2!,[object Object]

“One year ago I had just opened a small training venue in central London, ran two other small holistic businesses and was struggling to find clients. Now, thanks to Nicola, I am swamped with room bookings and my two other businesses are flourishing like never before. I have also learnt huge amounts from her in terms of internet marketing and property investment. I have quadrupled my income and bought a house! What an amazing woman!"

So…Do You Want To Know….? How You Can Become A Millionaire In Five Years Or Less? Well, there’s something else you need to know about first……

The “Perfect Storm” Of Success “A "perfect storm" is an event where a rare combination of circumstances will aggravate a situation drastically and cause a situation that couldn’t ever have occurred without that rare combination of circumstances” Wikipedia

The “Perfect Storm” Of Success Is What Makes The Difference Between…. Never even getting started… Starting but giving up…. Flitting from pillar to post… Getting some results but not enough….. The Difference Between Successful People& Everyone Else (and how you can do it too!)

Perfect Storm - Element #1 Feeling The Pain Financial Boredom Unfulfilled Potential The Swivel Factor A Life Changing Moment

Element #3 / 1The Right Opportunity Are You Still Turning Over Stones Looking? There is NO perfect opportunity The best opportunity is always under your nose Just pick one and get on with it!

Element # 3 / 2Your Investment

Element # 4 Taking Responsibility & Making The Commitment

Element # 5Getting Support & Making The Time

Element # 6Taking Fast Massive Action & Getting Early Results

Element # 7Accelerate The Process & Success Leaves Traces

Now You Know What It Takes To Be Successful NOW Would You Like To Know How You Can Definitely, Positively, Become A Millionaire In Five Years ………Or Less?

Definition Of A Millionaire: Someone who can add up all their assets, take away all their liabilities (debt) and still have a million in assets left over. It’s Not About Having A Million In The Bank!

The Best Reason To Set The Goal To Become A Millionaire “Because of the things you will do, the skills you will learn & the people you will meet along the way” Mike Litman“Conversations With Millionaires”

Becoming A Millionaire In Just Five Years Via The 4 Lanes Of The Wealth Super Highway Business Property The Stockmarket The Internet Two Are Faster & Easier!

Lane # 1 - The Stockmarket Invest for long term and draw dividends 1 million in five years = 400k per year before tax Assuming dividend payments at 10% You would need 4 million invested Learn to trade (buy/sell) or spread bet Need a big pot of money to be allowed to start Very skilled & need to follow a system rigidly High tolerance to emotional rollercoaster

Lane #2 – Property (Method 1) Rental profit in UK - £100 - £200 profit pcm 100 per month = 1200 per year To make 1 million in 5 years / 200k per year Taking 50% tax into account = 400k per year You need 333 rental properties Need to buy 66 per year Better get started! The tax on rental profit is a killer!

Lane # 2 – Property (Method 2) In the UK and USA, since records began, property has doubled in value every 7-10 years Talk to older people who have owned property & do the sums yourself (bought / sold) That’s been my experience too, even during 1970’s & last “crash” in the 90’s Who knows what’s going to happen next? Assuming above holds true, if you owned 4 million It would appreciate in value by 1 million in 5 years Tax Free - but can you get the money out?!!!

How To Make A Million In Business In 5 Years 1 million in 5 years = 200k per year Business needs to be able to pay you out of it’s profits (200k per year) Before tax @ 50%, it actually needs to pay you 2 million over five years (400k per year) If business needs to do that out of say 10% of it’s profits, it needs to be making 4 million profit per year If your business has 50% profit margin, it’s turnover will have to be 8 million per year

How To Make A Million In Business In 5 Years To turn over 8 million per year….40 million in 5 years Lead product @ 10, sell 800,000 million per year Lead product @ 100 sell 80,000 per year (219 sales / customers per day, 1538 per week / 79,935 per year, 399,675 in 5 years ) However, if your lead product costs 10 and your upsell product costs 100 AND you have other products to sell them, all totalling 1000, & it takes you 5 years to do that, the lifetime of a customer is five years, and the lifetime value of a customer is 1000… You need to sell to 40,000 customers within 5 years

Does That Sound A Bit Like Hard Work? There Is Another Way…..

Business - Method # 2 To make a million in 5 years from your business Build a business that you can sell for 2 million You get to keep 50% after tax Business usually valued at multiples of profit depending on the market So to sell for 2 million, at a multiple of 10 times profits Profits need to be 200k per annum If running at 50% profit margin, turnover = 400k Assuming a product at 100, have to sell x 4000 p/a

Who Really Knows How To Start & Run A Business? “Leaders Are Readers” Tim Sanders (Love Is The Killer App)

The Only Five Questions You Need Who Is Your Ideal Customer? Where Are You Going To Find Them? What Product Are You Going To Sell Them First? How Much Will You Charge Them For It? How Will You Convince Them To Buy It?

Traditional Business IS Hard Work! Traditional business is like going in circles Because it costs so much to sell anything, try & sell most expensive product first Always spending more to get new customers Big disappointments & vulnerable to market forces

Online Business Is Not! Fill your marketing funnel (mailing list) with free prospects Use automated email marketing to turn them into low cost customers Use automated email marketing to turn them into repeat customers Your top end clients will self-select to buy The whole process is simple, easy to duplicate, automated & GLOBAL

Before I Show You How To Make A Million In 5 Years From Lane # 4 Let Me Ask You A Question….. Do You Really Need A Million? What Do YOU Need Per Month…To Be Financially Free? 2,000 / 5,000 / 10,000? Write It Down Now

Lane #4 - The Internet “He Who Has The Biggest Mailing List When He Dies…………WINS!” Guy Levine

Create An Ebook / Ebook Upsell

Recommend Other People’s Stuff

Make More Of Your Own Stuff (Software/DVD’s)

You hope to make $1 per month per subscriber

$12 per year per subscriber = £7.50 / 7.50 euros

1 million in 5 years = 2 million before tax

Need 55,000 subscribers to your list x 7.50 x 5,[object Object]

Lane #4 - The Internet FORGET selling ebooks! Our front end ebook sales pay for our marketing Most business marketing is an overhead Every front end sale is bundled with free trial of our membership site Each front end ebook sale worth £70 over 6 months “She Who Has The Biggest Membership When She Dies……WINS!” Nicola Cairncross

10 members paying 10 a month = 1,200 per year

1,000 members paying 10 per month = 120,000 per year

3,333 members paying 10 per month = 400,000 per year

8,333 members paying 10 per month = 1 million a year!Forget 1 Million In Five Years – How About A Million A Year?

How Realistic Is It To Expect To Attract 8,333 Members Around Your Business Brand?

There are more people ONLINE right now over in China…

Than there are people ALIVE right now in the ENTIRE United States of America…

There Are Over1 Billion People On Broadband Globally Now Infonetic Research, March 2008

Stand Out In The Crowd By Having A Strong Brand Be very, very visible online – let people know who you are, what you stand for, what you do AND what you can do for them!

2009 - How To Become A Millionaire In Just 5 Years

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2009 - How To Become A Millionaire In Just 5 Years