Updated: July 5, 2010
Last weekend was a truly inspiring and educational experience for me as I attended the two-day Money Summit & Wealth Expo 2010.
Never mind that I still haven’t fully rested from my Leyte trip, the energy of the speakers and the attendees were enough to fuel me throughout the event.
As I browse through my notes, I see a lot of really great lessons and discoveries which I want to share here to all of you – wealth building strategies, income opportunities and investing techniques that I know will help you on your way to becoming rich.
And to start things off, let me give you some random thoughts, nuggets of wisdom and important realizations I had during those two days.
Once I am able to organize my notes, I shall write about them in greater detail so you may also learn what I learned during the conference – for free. 🙂
So for now, just indulge on some of these thoughts.
“Always seek knowledge because you make money on unconventional wisdom.”
On Real Estate Investing
- It’s good to invest in real estate because it has income, equity, appreciation and leverage.
- One of the best way to earn from real estate is through foreclosed properties offered in banks.
- Real estate investing simply involves going through the cycle of Find – Fund – Fix – Sell – Profit.
- Never fall in love with your investment.
On Selling
- Selling is a matter of attitude.
- A salesman does not attack, blame and complain.
- Everyone is a prospect.
- If you want to succeed in selling, you need passion, practice and persistence.
“In business, there is no afternoon and evening. It’s morning all the time.”
On Stock Market Investing
- The stock market offers one of the best investment returns.
- There is a proven strategy to make good money from the stock market.
On Forex Trading
- Forex offers one of the fastest investment results with high returns.
- The foreign exchange market is open 24 hours “almost” everyday.
- It’s a fast way to make a quick buck, but ONLY if you really understand it and know how to “play” it.
“Personal growth can only come through discipline.”
On Internet Affiliate Marketing
- The internet offers a lot of ecommerce opportunities which anyone can tap, a true work-from-home opportunity that gives great income.
- You don’t need to be a writer to have an ebook which you can sell online.
- Aside from electronic books, there is a lot of digital products from other companies available on the internet which you can sell and earn commission from.
On Network Marketing or MLM
- There is no saturation of the market.
- Network marketing is all about building teams, not just selling products.
- A network marketing business usually takes five years to mature.
- You should choose a network marketing company as if you’re choosing a spouse.
“Self-education will make you a fortune.”
On Franchising
- The success rate in franchising a business is much higher than starting a traditional business.
- Franchising grows more during times of market recession.
- There are institutions that can give out loans for the purpose of franchising a business.
On Becoming Ultra Rich
- Work smarter not harder.
- If you want to be ultra-rich, you have to learn how to start a business, then support it with real estate investments and paper assets.
- Anyone can achieve financial freedom.
I must tell you, these are just the very, very tip of the iceberg of knowledge that I was able to learn on those two days. And the best part is, I’m going to share all of them to you here in the next few weeks.
So be sure to subscribe to Ready To Be Rich so you won’t miss out on any of these financial lessons, expert advise and wealth building strategies in the future. It’s totally free!
..be willing to eat lima beans! Thank you for the article, Fitz. I can’t wait for the detailed one you promised 😀
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“Do not wait for the day when freedom means ‘breathing clean air.”
Hi Fitz, my wife and I also attended, along with a bunch of other friends. Sayang, I wish I had seen you and met you in person, we stayed at the “Loge” section. It was really a blast!
Hi Fitz! Saw you at the event though didn’t have the chance to say hi. I met you with Enrico here in Bacolod last MassKara Festival. I also stayed at the Loge section. My heart skips a beat when I think of all those income opportunities available even for us here in the province. 😀
Hi Fitz! Great list! I totally agree, the Money Summit was a blast! The energy was unbelievable and the speakers were very very inspiring.
To top it off, I’ve finally met you in person! It was really nice finally meeting the person behind the very successful Ready To Be Rich blog. Thanks for the valuable tips! More power to you!
@Jay
Oo nga, sayang. Oh well, I’m sure there will be other opportunities for us to meet. Magpapaturo ako sa iyo ng real estate investing! 😀
@Glady
You’re right, there are so many income opportunities around us and all we have to do is choose which wealth path we want to take. 🙂 By the way, I’m going to the MassKara Festival again this year. Hope to see you there!
@Allan
It was also an honor for me to meet you! It’s always a pleasure to meet other personal finance bloggers because we’re a rare breed. 😀 Hope to see you again soon.
Hi Sir Fitz,thanks for sharing the nuggets of wisdom you got from the Wealth Expo. People who weren’t able to attend it (like me) will be looking forward on the “detailed” explanations. Many thanks!
Hi Fritz, This is an eye opener for many attendees especially the youth. I also attended the two day event and I was given a FREE Pass courtesy of Learning Curve and RFP Philippines. However, I am giving two hour free personal finance consulting and advising for participants.