“What you can do, or dream you can, begin it. Boldness has genius, power and magic in it.” ~Goethe

(This is the second part of a continuing series about making money online.  You can read the first part here. )

I am a very good coach and consultant and public speaker.  I’m not saying that to brag -  I have paid a significant price in the only currency that really matters – life – in order to earn these skills.  I was a Dale Carnegie group leader for 8 years and helped to train many hundreds of salespeople.  I invested 2 years in my early NLP training and I invested a tremendous amount of time and money following Tony Robbins and working for him for free.  Many thousands of people have attended my Business Skills Seminars and seen me perform.  In my coaching and consulting practice, I estimate that I have personally worked now with more than 3500 business executives from virtually every type of industry.   Sometimes I was I great match for my clients and sometimes not as much; still I learned from every single session and continued to become more skillful.  It was only natural that when I came back to work after my early retirement that I return to coaching and speaking.  Still, there was a real problem.

There was a real problem…

I had come down with a serious case of the travel bug.  I had discovered, in my early retirement, that I loved to travel and live in other locations and countries.  I have always loved adventure and moving to a new country, learning the language, learning to thrive…these things all felt like a marvelous adventure to me.  So what was the problem?  The problem was that everything that I was trained to do involved my directly being in a certain location!  I was trained to be a wonderful face to face coach and consultant and speaker.  When I was face to face with a client, there was never a doubt in my mind that if they were serious about change and getting new results, I could help them to make that happen.  If I a group of people were attending one of my business seminars and watching me, I knew with absolute certainty, they were going to leave with new skills and choices.

The problem?  There were really two.  I had no freedom of location.  Everything I did, from coaching to consulting to speaking involved me being at a certain location at a certain time.  Worse yet, I had no residual income stream.  If I didn’t speak or consult that day, I made no money that day.

When I retired the first time, the internet was just becoming a force.  AOL was king.  Most people did not have a computer at home and cell phones had just gotten smaller than a briefcase.  The internet was no part of my original business success at all.  When I came back to work and started to dream of my ideal future business, the words that kept coming back to me were: “Freedom of Place” and “Residual Income.”

Freedom of Place and Residual Income…

Freedom of Place: What if you could make all of the money that you need to thrive while being able to live where ever you want?  You could take a year and tour the world.  You could move with the seasons and always find great weather.  You could take a copy of a great travel magazine and resolve to visit and enjoy every location mentioned in that issue – all while earning your required great income.  How great would this be?

Residual Income: What if every day that you worked you were building up a pool of residual income – money that would support you in style for the balance of your life.  I’m not talking about the paltry sums in your government controlled and pillaged retirement account.  I’m not talking about money in your IRA or other stock investments that may or may not even be real – Madoff and Stanford anyone?  I’m talking about real money, controlled and earned by you, that keeps coming in month after month, year after year.  How great would that be?

Hire a Great Coach…

I help my clients to achieve their dreams much faster than they could without me.  Naturally, I believe that hiring a great coach is one of the secrets of success.  I hired a few great coaches when I started on my quest to “Freedom of Place” and “Residual Income”.  One of them has really stood out and provides a great return on investment.  I am mentioning him again today for good reasons – he and his partner only take on new students a few times per year; he provides great information and he is very reasonable in cost.  If you are serious about making money online, then follow this link to Become a Blogger by Yaro and Gideon and read what they have to say.

Till next time…Jack

“Courage is rightly esteemed the first of human qualities . . . because it is the quality which guarantees all others.” ~Winston Churchill