News, Updates, & Resources

Chapter 18: Education versus Academics

In my first year of studies, I was told a shocking statistic. 90% of business owners do not hold tertiary qualifications. I was studying to skill up and hearing that my chosen path doesn't align with where I wanted to be made me question the education system. The...

Chapter 17: Skills Are Needed

I remember it clear as day, finishing high school and knowing I wanted to be my own boss.  Whilst chasing tertiary education, I wanted to start a side business and earn cash. My friend and his Dad were repairing commercial printers on the side and they asked me if I...

Chapter 16: Annual Perspective

A huge shift in mindset is quantifying operations.  What do I mean by this?  How do you measure your businesses progress? When business owners talk to other business owners, they talk about gross turnover.  More importantly, they talk about the years’ performance. ...

Chapter 17: Skills Are Needed

I remember it clear as day, finishing high school and knowing I wanted to be my own boss.  Whilst chasing tertiary education, I wanted to start a side business and earn cash. My friend and his Dad were repairing commercial printers on the side and they asked me if I...

Chapter 16: Annual Perspective

A huge shift in mindset is quantifying operations.  What do I mean by this?  How do you measure your businesses progress? When business owners talk to other business owners, they talk about gross turnover.  More importantly, they talk about the years’ performance. ...

Chapter 15: CMA – Competitive Market Analysis

The content is slowly gearing up to starting a business.  Once you have identified a model that works for you, the next important step is CMA. From my experience, every time I identify a business model that interests me, I google search the business I want to start. I...

Chapter 13: Money From Nothing

In a world of unlimited opportunities, making a profit is so easy and exciting. To me, the beauty of the profit model is that you can literally make a profit out of nothing. Before I tell you of how I have made money from nothing, I first need to tell you are the...

Chapter 12: Making Money Is Easy

By now you can see I have referenced some commonly heard of sayings or philosophies.  A saying I came across is that: "Making money is easy". Hey!?! What? If it is easy, then I want to quickly make some. What the author was actually saying was: John McAffee makes the...

Chapter 11: Continual Improvement

The mind shift continues to go deeper into this chapter. Using observation as a tool for improvement, identifying systems that exist and knowing that there are endless opportunities, this next chapter really drives forward motion. A challenging thought that I...

Chapter 10: Ultra Rich Think Differently

I have drawn this conclusion based on my observations of the super-rich. This chapter has the purpose of asking you to question your wants. What do you want? Why do you want it? What do the rich want? Why do they want it? The basics of economics teach us about supply...

Chapter 9: Self Educate

You are the gatekeeper of your mind. You control what sticks and what gets tossed out. No one else can teach you. There is an old saying: "you can lead the horse to the water but you can't force the horse to drink". You are the horse. You can be stubborn and not learn...

Chapter 8: Tool of Observation

Now that I have hopefully got my mind ticking over. Dream more and eager to chase opportunities, this chapter changes gear.  This is a tool I use when dealing with opportunities. The foundation of this tool comes from this statement: "A clever man learns from his...

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There are so many opportunities. So many ways to approach the self-employment model.

Using observation, you need to identify what works for you.

I am personally chasing after passive income streams.

This means I want to live in a world where I make money while doing nothing.

That’s the reality I want to live in. That’s the world I want to create.

Yes, I need to invest upfront but once invested, I can sit back and get remunerated. Set up a system where I get paid a monthly income (not based on hours worked).

Observing business models is important for this task. Weigh up different approaches and markets is key in determining which path to follow.

Traditional examples:

  • Convenient retail
  • Product creators 
  • Service providers
  • Selling advertising space
  • Property investors and portfolio managers 
  • Property developer 
  • Renting out of assets
  • Investing in shares and unit trusts.

What are business models that can generate income that you can come up with?