Time and Money - Which is the Better Asset

Today was really a hectic day for me, and quite frankly I felt that I was unproductive. I spent too long on unimportant task on my job, that I had only little time to spend on entrepreneurial ventures. Now I'm more pressed on time than my usual days.

What's worse is that my negotiations with a friend to partner with me on a Carwash business did not work out well. After our conversation on the phone, he said it was too much for me to ask 60% of the profit while he gets only 40%. He added saying, "I invest 55% of the capital, and I should be getting the bigger share". My answer was simple, "If you want to be the one to fully supervise the business and me giving the 55% capital investment I would gladly take the 40% profits". His answer, "I think about".

Sadly, only a few people understand that between money (in this case profit) and time, time is the bigger asset. I believe in what Robert Kiyosaki said that "money is only an idea". Being an idea you can create and recreate it at any given time. Therefore it is something that you have control and can choose to earn more or less. Time on the other hand is ever decreasing as you grow older. The lesser your time is, the more value it has to you. In fact opposite to money, it is something that you have no control of.

As a business consultant for many sales distributors, I have learned that most entrepreneurial minds are not after money but time. It can be in family, hobbies, travel, and spending more time in their life purpose.

So in my life as an entrepreneur, I will continue to pursue businesses that will allow me to use OPT (Other People's Time), that will allow me to leverage my time for other important things like family and doing my passions.
 
This will be one my secret ingredients to success.  

As for that friend. If he will not decide by tomorrow then, his wasting my most important asset - TIME. Then it will be useless to do business with him. This my dream that many Filipino entrepreneurs will learn to delegate and master their business system, that it can run on autopilot.


Dedicated to your business,
Jake Bere

To Work Or Not To Work

It's a Sunday today and I would really love to do something that will allow me to earn more money. Although a part of me wants to rest and just sleep that whole day, but I know I would feel really unproductive if I would do just that.

There are actually four things that I want done today.

First

I want to finish my set-up on my Aweber account, so I can already have an autoresponder for each of my own blogs. Aweber is actually a marketing software which is focus on email marketing. 

It has other functions which I still need to explore but I know once I've started using it, it will be of great help to my internet business.

So I'm interneeading again and learning a new way to gain "another second income". In my journey as an entrepreneur, I already know how important it is to continuously read books to develop my skills and open my mind to new ideas in business. It's what they call, "sharpening the saw".

Second

I need to finish up my strategies on achieving my million in 90 days.

Actually there are just four things that I will be focusing on :
- Real Estate
- Network Marketing (MLM)
- Internet Business
- My Existing Businesses

I've actually started with most of my list above, but it needs more development so that each will greatly contribute to my million in 90 days.

Third

I also need to personally update my blogs. Most marketers know that to increase website traffic, you also need updated contents in your blogs. I currently maintain 12 blogs (including this site) so I need to do everything in a flash. Although I have other sites that is maintain by my wife wherein she also writes for the content. 

Fourth

I want to spend time with my wife. I believe a person cannot be called a success, unless he is successful in all areas of his life.

I'm not saying that he should be perfect, but he should focus not only in building his wealth but his personality, his relationships, his health, and his life mission.

I believe that there should be balance in all aspects of a person life. He should be giving time for himself, family, business, health, and specially his relationship with our Father in Heaven.  


So the question now is how do all this things in one day?

My answer : I Can't......

So I choose to do all that I can to develop my business in just a few hours (the most is 6 hours). Then I spend the rest of the day on taking care of my health, focusing on my personal growth, and giving more time for my relationships.

So in my entrepreneurial journey, I hope to follow this priorities. God-Family-Relationships-Myself-Wealth Building.

This is how I want my life to be as an entrepreneur.


Dedicated to your business,
Jake Bere 

Welcome to My Life As An Entrepreneur

Hi Everybody, I am Jake Bere. An entrepreneur from the Cebu City, Philippines.

This is my way of sharing my life's journey in the world of business. In this blog we will talk of the things that I did in trying to achieve my first million (I have another blog that is based on a challenge that I joined, click here). Every step of the way I will share with you. I am currently trying my hand at real estate investing, internet business, affiliate marketing, marketing consultancy, and many other businesses where I can use my core skill, which is Communication.

Like any entrepreneurial journey, I do not expect mine to be perfect. In fact, I think it will be tough and sometimes frustrating but MY DREAM is strong enough. I will become a millionaire, and I will bless my wife, my family, my friends, and the Philippines.

My dream is to be a multi-millionaire by the age of 35. I'm turning 28 this August and it's really close. You can say and think what you want but I'll get there. I have secret weapon -

A strong dream.....
A bias for action....
A loving wife.....
A dream team....
And finally the willingness not to give up.... (Just like my idol Naruto)

So let's do business and together be millionaires to uplift our countries endeavor.
To a prosperous Philippines.

Dedicated to your business success,
Jake Bere