Bill Bartmann: Wealth Secrets Of The Affluent And How Investment Seminars Help You

Discover Wealth Secrets Of The Affluent And How Investment Seminars Help You To Evaluate Top Business Opportunities" Bill Bartmann Will Train You

Bill Bartmann didn"t just go from being homeless and being a member of a gang to having billions overnight. His journey had many bumps and bruises . But what makes him stand out from the "average Joe" isn"t his success, it"s the lessons he's learned.

What business opportunity created his wealth as a billionaire? The debt-collection business organization. While debt collection was less than appealing to some and the industry had a unfavorable reputation, Bill Bartmann saw a solid opportunity to make a difference that earned his company accolades like the applause of Working Woman Magazine. His company was recognized for being one of the Top 100 Best Companies for Working Mothers. Bill"s business redefined an industry, impacted lives and resultantly made him and his wife Kathy billionaires.

So how can you gain rewards from his journey? Wealth creation is basic when you learn from Bill"s successes and bruises. Here are five methods of how you can identify truly top business opportunities and rapidly ignore the rest:

1. There is always a yin and a yang.

When someone sells you on a business opportunity and everything is good--that's bad news. Everything from business opportunities to relationships and life is double sided. In almost every case, choosing to ignore the downside will get you into trouble.

Try hard to work with partners who recognize that everything has tradeoffs and who are honest about them. It's often still possible to profit, as long as you navigate the negatives and act accordingly.

2. Go against the masses.

If a business opportunity appears to welcome you with open arms and there are no apparent challenges to your success, run quickly in the opposite direction!

Seek the presence of conventional-wisdom and play devil"s advocate because they may be the underlying barriers. Oftentimes that "wisdom" is not wise. Be alerted by powerful beliefs everyone seems to subscribe to but which are not based on facts. In Bill"s particular situation , the significance of debt collectors was under public figures and scam artists. He saw the challenge as less competition and more profit.

Remember that airplanes always take off into the wind and witness what everyone else is doing and do the exact opposite!

3. Become a consumer to start with.

If the new opportunity is a physical product, own it yourself to decide whether you're impressed as a consumer. Get the balanced perspective before you are courted by the business opportunity. You simply must get feedback from actual end users to determine the bona fide opportunity.

Bill, as an example had been penniless for so much of his life that he knew undeniably how the classic bill collector carried out business. Contrary to them, Bill handled debtors with respect and dignity and his wealth creation through caring paid off. The customers responded positively by paying off Bill before they remitted payment to their other debt collectors.

4. Take a look at the growth phase.

Business opportunities are usually like uranium, they have a half-life. Prominent trends come and go.

Web 2.0 and video sites are in fashion now but they're specifically another way of marketing and doesn't determine the survival of your business opportunity. If your business relies on hot trends, it makes sense to observe for indicators of user fatigue and observe what may be next.

When Bill was obtaining defaulted loans in the '90s, he knew the opportunity would be finite and sure enough, it was profitable for a few years and then dwindled.

The recent government bailout has changed the tapestry once again. Bill now views an even more substantial opportunity for investing in defaulted loans and generating an absolute fortune from them. Again, this window of opportunity is only for another couple of years. Bill hypothesizes until the next major political election. Public figures will want to get rid of the "toxic asset" issue prior to when voters go to the polls again.

Just as Bill is looking at a 2-3 yr window, you should have knowledge of what the time horizon is for your business.

Uncovering the top business opportunity can give you some very challenging decisions. Ultimately, if it were easy everyone would be triumphant.

Just about the primary question you can ask yourself is how do you find an "outside the box" business opportunity? Begin by doing your due diligence on the leaders who are successful at the prospective business opportunity. Read and research all the before mentioned variables on the business to discover as much as you can about the business opportunity so you can find the ones that seem to be perfect for you.

Probably the greatest out of the box business opportunities found today is Buying Bad Loans. There"s no denying that the banking and financial corporations are in turmoil and subsequently have affected many people negatively. Business opportunities appear in order to support to help pick up the pieces, do a lot of good and make a lot of money.

History has confirmed that through massive uneasiness and strife comes the best business opportunities. For example 20 yrs ago, during the S&L crisis, hundreds of fresh businesses were introduced in this niche of buying bad loans at a discount and working with them to recoup the value. What we have in the banking industry today indeed makes the S&L predicament pale in comparison.

There will be numerous new businesses started to profit by the current financial crisis. This is not a business for everyone and it is a business where there are downturns for the incautious who do not learn the complexities of buying and liquidating the assets. The initial investments and investment seminars are sensible when compared to practically any fresh business start up or franchise investment.

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