Dear ETR Reader,

Have you shelved the idea of starting that business you've had your eye on because the costs are so daunting?

Paul Lawrence has some great advice to help you acquire the expensive resources you need … without spending a cent of your own money.

- Suzanne Richardson
ETR Managing Editor

www.earlytorise.com
Saturday, February 25, 2006
Message #1662

WEALTHY: No capital? No problem. Here's why. (Paul Lawrence)

HEALTHY: Blood tests for total body health

WISE: Peter Drucker on being an entrepreneur

ALSO IN THIS ISSUE:

4 attention-grabbing advertising secrets (Clayton Makepeace)

How I turned hours into minutes (Michael Masterson)

Add the word "torpid" to your vocabulary

* Highly Recommended *

I just wanted to say thank you for putting The Billionaire Way together for others to learn from as well as myself. I have made it a mission in my life to learn from the greatest minds in history and business.

I came  from a humble  beginning …  searching.   I found  what I needed to know in The Billionaire Way.  My  most important  lesson was  they are  all human  just like you and me . They  had  special  skills  which anyone can develop  to attract that bit of luck  we all need in life… that extra edge.

These lessons can be learned in The Billionaire Way and you don’t have to spend your whole life as a mission, as I have,  to find what I found here in The Billionaire Way.

I enjoyed our call. It put the final touches together that I have needed. If I do happen to get stuck on something thanks for saying I can contact you again.  People look to me for advice. It is reassuring to ask and receive advice and have an enriching conversation ..I find it is rare.

Thank you
Aaron Kaggie
President. of Kaggie Holdings, Inc.
Kearns, Utah

Now you can have a free one-on-one phone consultation with billionaire mentor Bob Cox. As a special offer to Early to Rise readers he will offer a free phone consultation to anyone who purchases his Billionaire Way Program.

Please click below for all the details on this unique program:

http://www.isecureonline.com/Reports/700STBW/E700G2C5/

"The entrepreneur always searches for change, responds to it, and exploits it as an opportunity."

- Peter F. Drucker

Creative Financing for Aspiring Entrepreneurs

By Paul Lawrence

PS suddenly found himself with a great opportunity to get into the fish-wholesaling business. He had a friend who could supply him with the fresh fish on credit. And because PS was already working in a related field, he had a "built in" set of potential customers that he had a relationship with.

There was only one problem. He needed a truck to run this business … and he had no capital. Since I was the only person PS knew who might be able to loan him the money to buy a truck, he came to me.

He offered to give me half of the business in exchange for my investment. But instead of taking him up on that, I gave him a copy of my "Quick & Easy Microbusiness System" and told him to read it.

One week later, PS was in the wholesale fish-supply business – and he hadn't given away half of his business to me. After reading my Microbusiness program, he realized that he'd been making the same mistake many people make when they are thinking of opening a small business: He was not using any of the creative financing tools that are available to entrepreneurs.

There are many businesses that require expensive capital equipment – but that doesn't mean you can't start your business if you don't have the capital or credit to buy it.

According to David Worrell in Entrepreneur magazine.
 
"It's important to remember that selling stock can work against you if the cost is greater than the growth you'll realize by investing that money."

Well then … how do you finance the start-up of a business without giving up a large percentage of your equity? There are many ways. Here are three ideas:

1. Rent the equipment.

PS was able to come up with the cash to rent a truck for one day. He made enough money that first day to pay for the rental costs and have a tidy sum left over. He did the same thing every day for a week. At the end of the week, he'd earned enough cash to make a down payment on a truck of his own.

2. Subcontract the work.

You start by acquiring the customers. Then you hire someone who has the equipment to perform the actual work. There are many businesses with large enough profit margins that allow you to do this … and still make a healthy profit. And if you're starting a business that's an offshoot of the kind of work you've been doing, you've already got a solid base of prospective customers to market your product or services to.

DM, for example, had a way to get some major home improvement contracting jobs, but he didn't have the money to fund the necessary equipment and other capital requirements. So he subcontracted the work to another contractor – and earned a handsome profit without investing a nickel in overhead.

3. Finance with factoring.

Factoring offers another way to get a business up and running before you have the money to fulfill the orders. With this business model – unlike subcontracting – you can retain more control over the quality of the product/work that's provided. Essentially, you obtain short-term financing to purchase (or manufacture) the goods/services you need.

RY secured contracts from two nursing homes to provide them with nurses. Her problem was that she would have to pay the nurses weekly … but she wouldn't receive payment from the nursing homes for 45 days. By obtaining a loan from a factoring company, she was able to get her business going, despite having almost no start-up capital.

By using creative methods such as these to resolve your capital requirement needs, thousands of business opportunities will open up to you.

When my partners and I started a sports video production company, we weren't in a position to buy the $30,000 worth of video and editing equipment we needed.

So we rented a camera, lights, etc. for about $100 a day, and shot our first four videos. We then paid another $200 to have them professionally edited. Today, this same company that we started for a total of $300 grosses over $1 million annually … with a high profit margin that creates a very healthy income for the partners.

If you've been thinking of starting your own business but have been hesitating because of limited capital, think again! I've proven, time and time again, that you don't need more than $100 to start your own profitable business.

[Ed. Note: If you want more information on how to start your own business with Paul's "Quick & Easy Microbusiness System," follow this link:

http://www.isecureonline.com/Reports/700SPLMB/E700G2B8/]

Today's Action Plan

You know what Michael Masterson says: When it comes to implementing a new idea or starting a new business, it's Ready! Fire! Aim! So don't let anything stop you from starting your own business – not even a lack of funds. Use Paul Lawrence's suggestions to get your business off the ground … without giving up the farm.

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Are All of Your Retirement Funds in One Basket (Wall Street)? Watch Out!

If your entire nest egg is invested on Wall Street, you could be in for a rude surprise. But what if you could move those eggs around and lock into the most profitable (and important) investment of your lifetime?  Imagine making a decision now to take control over your own IRA… and retiring years ahead of schedule. 

By using a “secret” IRS code to diversify your IRA you can choose to make wiser investments that will lead you to those leisure years much sooner than expected – and with more money in the bank to play with.  To learn exactly how to use this “hidden” strategy, click here.

http://www.isecureonline.com/Reports/700SIRA/E700G261/

Secrets for Generating Maximum Attention-Getting Power in Your Ads

1. Size matters.

The purpose of a headline or subhead is to seize the reader's attention. Larger and bolder heads generally seize attention better than smaller, lighter ones.

2. Dazzle 'em with color.

The judicious use of color can add big impact to your headlines and other attention-getting copy. Entire libraries of books have been written on color psychology. In a nutshell, most say that cold colors – blues and pastels, for example – tend to relax us. Hotter colors – highly saturated oranges, reds, and earth tones – warm us up.

3. Look him in the eye.

Since we were kids, we've been taught to look at people who are talking to us. And we've been taught that people who do not look us in the eye are not to be trusted. Including a photo of a person talking to your reader – and putting the headline in that person's voice – is a powerful way to seize a prospect's attention.

4. Less is more.

Too many graphic devices will only serve to confuse the eye. When everything is emphasized, nothing stands out. Create a focal point – the main headline – and drive the reader's eye to it.

- Clayton Makepeace

[Ed. Note: Clayton Makepeace offers help in reaping maximum profits through the Internet, direct mail, and print advertising every week in his e-zine The Total Package. Learn 177 of his surprising secrets that have doubled his clients' profits in a year and quadrupled them in 36 months in his newly published e-book "Double Your Profits in 12 Months or Less!"

What Your Blood Tells You About the State of Your Health

On Wednesday and Friday, I gave you several ideas to help you stick to your exercise routine and a healthy diet. Here's one more powerful motivator that has worked for me: Set an appointment to have your blood tested and your physical measurements and bodyfat calculated.

There's nothing like quantifiable measurements to show you what you need to improve. Once you know where you stand, set an appointment for six or eight weeks down the road. And then get to work improving your results.

I spoke to Dr. Al Sears, and here are the tests he recommended:

HDL cholesterol

triglycerides

homocysteine

insulin

bodyfat percentage and lean body mass

You can have the blood tests done quickly and easily at a Quest Diagnostics location in your area. These measurements are all very good indicators of your overall health status - and they also all respond well to a healthy diet and exercise.

Your HDL should be high, while the rest of the measurements should be low. Consult with a nutritionally savvy physician to help you interpret the results. Dr. Sears' office can help you with this as well. Go to www.alsearsmd.com and select "Contact Us."

- Jon Herring

Simplify Your Life: My 5-Minute Policy

I read somewhere that one successful executive makes all his lunch dates within a block of his office to save precious working time. I do that and more. I try to restrict the locations of 90% of all my appointments - doctor visits, dental visits, physical therapy, and all business meetings - to no more than five minutes (by walk or car) from my office.

This policy forced me to give up my old dentist, whom I liked, but I've found someone I like even better who's just down the block. I've told some local business partners that I can't drive for a half-hour to meet them anymore. Now, they come to me, we "meet" by phone, or (less often) we find a place in between.

How much time do you spend in unnecessary commuting? Figure it out and do something about it.

- Michael Masterson

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Word
to the Wise: Torpid

"Torpid" (TOR-pid) means dull, sluggish, or apathetic.

Example (as used by Peggy Payne in