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You Can’t Be Lazy and Still Want to Change Your Life for the Better

1 Jun

If you’ve read this blog before, or watched my videos or even more so have come to my classes, you know that what I’m about to tell you about really pisses me off.  In a survey taken a few months ago,it was found that most people that are unhappy at their jobs to very little to change their situation.  This is a behavior that leaves me dumbfounded.

For my new readers, I became fed up with my lack of financial success – and increasing debt – more than a decade ago.  After stumbling through bad business ideas and deals, I plunked down and finally discovered the keys to my now continued success.  But even before I found those keys, I declared to my job that in two years (this is in 20o2) that I would be leaving –retiring – and that they should find my replacement.  In that two years I cleared up my $45,000 worth of debt and soon after became a millionaire.  I realized that not everyone has my fortitude, and so I founded Insiders Group Inc. to teach others how to do what I did and am glad to have made others very successful in their own right.  But enough about me, this is about laziness.

If all you do is wallow in your depression, your situation will never change.  Everyone isn’t an entrepreneur, true, but anyone – given they seek the knowledge out to do so – can make something better of themselves for themselves, their families and their communities.

Unhappy Workers Do Little About It, Says Survey

by Kyle Stock

from FINS Technology – The Wall St. Journal

Griping about your job is one thing; doing something about it is something else entirely.

When it comes to hunting for a better position elsewhere, most of us don’t bother, according to a survey released this morning by Accenture. Almost half of the 3,400 workers questioned by the technology consulting firm said they were dissatisfied with their jobs, but only 30% of respondents had any plans to switch employers.

The more common strategy was to build up experience and look for a better opportunity in-house.

“There’s still a sense of commitment to take action with their current employer,” said LaMae Allen deJongh, the author of the study and Accenture’s managing director for human capital and diversity. “We interpret that as an opportunity.”

And while feeling underpaid was the biggest complaint, only about half of those surveyed had ever asked for or negotiated a pay raise.

If companies aren’t in a position to hand out raises, deJongh said they should offer promotions, greater responsibility and flexibly work arrangements to keep employees happy.

There is some evidence that job dissatisfaction is running particularly high. A recent report by the Conference Board, a nonprofit, New York-based research firm, found that 55% of Americans are dissatisfied with their jobs, the highest level in 22 years. Respondents also said the best part of their work as the company of colleagues and the commute.

No doubt, much of the recent discontent is tied to the economy at large. Those still in the workforce are likely doing more and earning less — or at least not much more — than they were a few years ago. And many are likely slogging away in positions they have little interest in.

Then again, there are almost 14 million people still looking for work — something to consider next time you feel like griping about your paycheck.

Knock, Knock… Who’s There? OPPORTUNITY!

19 Apr

Greetings Insider:

It’s amazing how the mind works. You know you are not happy with your current financial situation, and you know that if you do the same things you did last year your financial situation is not going to get better… as a matter of fact, it will probably get worse. Yet, you still find yourself creating excuses why you aren’t willing to sacrifice two hours of your time to find out exactly how you can turn your financial situation …around. This is insane, especially when there is nothing to risk and a world of OPPORTUNITY to gain.

I know it’s not easy to make changes, even if the changes are good for you, and I know having a job and a family is tiring. Before 2004 I was in the same boat as you. I had a job that didn’t quite meet my expenses, family obligations and zero energy left at the end of the day. It wasn’t until I was sick and tired of working hard just to not have enough that I was able to take the right action, connect with the right people, and walk away from being broke and miserable forever.

I want to share with you the hard fought knowledge that I gained while turning my life around from having a $45,000 debt and a dead end job, to retiring at age 36, acquiring millions of dollars worth of real estate, several successful businesses and the comfort in knowing that I will never have to have another job in my life.

I hope you don’t have to hit rock bottom before you decide to take action, but if you can find just one good reason to drag yourself to this workshop I’m offering on Wednesday (4/20) at 7pm (If you absolutely can’t make Wednesday, I have one more date on Saturday 4/23 at 1pm). I’m holding nothing back in this truth revealing workshop about how wealth is really created and how you can cash in on the trillions of dollars being left on the table because others haven’t cracked the code to profiting in this new economy.

Multilevel marketing will not solve your problem! Dumping money into a 401K or Roth IRA is not the answer! And trying to acquire properties using short sales or REO’s is not the solution either! To find out how REAL money is being made, register for this powerful workshop “Insider Secrets to Financial Freedom” at 216 Greene Avenue in Brooklyn on Wednesday, April 20th at 7pm .

For information as valuable as this, you could easily expect to pay a thousand dollars or more. But I’m offering it to you absolutely FREE so don’t waste time registering. Warning: Because of space constraints, this offer is limited to the first thirty people to respond. (This email is going out to 278 people. So, register immediately by emailing me back right now or calling 718-622-2271 to secure your seat!)

I can’t force you to come. It’s always going to be your choice whether you get wealthy or not. To be honest, making lots of money and having plenty of free time isn’t for everyone. Some people need to work for someone else for the rest of their life. Only you know if you are ready… If you are ready, then call now or email me. I look forward to sharing in your success.

SUCCESS!!!!!!
Heru Nekhet
Taking Ordinary People From Rags to Riches

PS – If you could discover how you can quit your dead end job and have a steady stream of income for the rest of your life, it’s certainly worth two hours of your time. But since you may still be skeptical, I’m going to guarantee that this workshop will absolutely blow you away. If you don’t agree that his is the most mind blowing workshop you have ever attended, I’ll give you a crisp $20 bill for wasting your time.

PPS – Feel free to pass this on to family and friends

Insiders Group, Inc.
216 Greene Ave., B’klyn, NY 11238
718-622-2271
http://www.InsidersGroup.com

article: Facebook, Zynga, Groupon minting billionaires

7 Apr

This is a pretty interesting piece published by MarketWatch a few weeks back in how internet entreprenuers are wasting zero time in cashing in on their investment…which makes sense given the current financial climate. Yet, as I repeatedly tell you all in my classes, videos , etc…money doesn’t disappear, it just gets transferred into other outlets.  These millionaires are proof positive of that.  Check it out for yourself and let me know what you think:

Facebook, Zynga, Groupon minting billionaires

Commentary: Internet insiders who don’t need IPOs to cash in

By John Shinal of FINS.com

Early investors and executives of the hottest Internet startups know something that retail investors hoping to get rich on their expected IPOs may not: A sizable chunk of the value in companies such as Facebook and Groupon has already been cashed out.

And most of what hasn’t will still belong to insiders after any initial public offering.

Take Groupon, the fast-growing online coupon service that was founded in late 2007 as a way to help people raise money for their favorite causes. Since morphing into a group buying site, it’s raised a tidy sum of money for its owners.

When Groupon closed a huge investment round near the end of last year, the majority of the $950 million it received didn’t go to fund company operations. Instead, $573 million, or 60%, was paid to existing shareholders selling their stakes, according to a January SEC filing.

It was the second time in less than a year that Groupon insiders were selling, as a filing for the company’s previous round, in April, 2010, said part of the amount raised was used to “facilitate liquidity for employees and early investors.”

That means founder and CEO Andrew Mason and other early employees, as well as venture capital investors New Enterprise Associates and Accel Partners, likely don’t need an IPO to get rich off Groupon, which is reportedly now raising another round that could value it as high as $15 billion.

The same holds true for those who were early into any of the latest batch of fast-growing Web companies. Based on public filings and widely reported valuation of private-market transactions, the combined worth of equity in Facebook, Twitter, Groupon and Zynga Game Network is somewhere between $75 billion and $90 billion.

If accurate, those reports mean their aggregate valuation has more than doubled in less than a year. And with reports of new funding rounds emanating almost weekly, the valuation continues to grow, leading some to call the investment climate a new Internet bubble.

“Whenever you have new value being created, you’re going to have a bubble,” said Tim O’Reilly, founder and president of O’Reilly Media and a veteran observer of Silicon Valley. “Investors don’t know how to value it.”

Even if the market crashes and investments in the second wave of Web companies never pan out for individual investors, those with big stakes in the startups are staring at big future gains and, in some cases, have already pocketed some major cash.

Facebook

In January, Facebook said it raised $1.5 billion of investment that valued the company at $50 billion. The latest round came from Russian investment firm DST (formerly Digital Sky Technologies), Goldman Sachs Group Inc. (NYSE:GS) and Goldman’s non-U.S. clients.

The valuation was more than twice the $24 billion the company was reportedly worth in July, 2010, in private market trading. Since then, global users of the world’s largest social networking service increased to 600 million from 500 million.

More recent talks reportedly value Facebook at $65 billion. At that level, co-founder and CEO Mark Zuckerberg’s 24% stake is worth more than $15 billion, by far the largest stake in the company. Several other early employees and investors also have multibillion-dollar stakes in Facebook.

Russia’s DST and the Silicon Valley venture capital firm Accel Partners each own 10% of the company, with each stake now worth $6.5 billion.

Facebook co-founders Dustin Moskovitz and Eduardo Saverin own stakes of 6% and 5%, respectively worth $3.9 billion and $3.25 billion. Sean Parker, an early investor and former executive of the original Napster music service, owns 4%, worth $2.6 billion. Peter Thiel, who founded PayPal and now runs a hedge fund, owns 3%, or $1.95 billion.

Trading in Facebook shares reportedly is active in private markets such as SecondMarket, suggesting that at least some early Facebook investors are cashing out.

Several reports have pegged Facebook’s 2010 revenue at $1.97 billion, and one private investor who has seen the company’s financial reports told me it generated $680 million in cash last year.

The company, based in Palo Alto, Calif., declined to comment for this story.
Twitter

In December, Twitter reportedly raised $200 million, valuing the company at $3.7 billion. Investors included the marquee Silicon Valley venture capital firm Kleiner Perkins.

The valuation is more than triple the amount that investors paid in a funding round just a year earlier. Recent discussions have pegged the company’s worth at up to $8 billion, making the stakes of Twitter co-founders Biz Stone, Jack Dorsey and Evan Williams likely worth several hundred million dollars apiece.

That’s not bad considering that Stone, in an onstage interview at a Federated Media conference in February, said of Twitter: “we’re just in the early phases of being a real business.”

The San Francisco-based company is not profitable and had 2010 revenue of $45 million, according to The Wall Street Journal.  Among other Twitter shareholders are several prominent tech investors including Ron Conway and Marc Andreesen and venture capital firms Union Square Ventures and Charles River Ventures.

Twitter didn’t respond to a request for comment.

Zynga Game Network

Zynga, a maker of social games played mostly on Facebook, is reportedly in talks to raise a $250 million funding round that values the San Francisco-based company at between $7 billion and $9 billion.

That’s a huge leap in valuation for a three-year-old startup that in April, 2010, filed papers to issue new stock that valued the company at $4 billion. In December, 2009, Zynga raised $150 million from Digital Sky Technologies in a transaction that reportedly valued it between $1.5 billion and $3 billion.

In July, 2010, Zynga took $147 million in investment from Softbank (PINK:SFTBY) , (TOKYO:JP:9984) , a Japan-based Internet investment company, as part of an agreement to create a joint venture called Zynga Japan.

At the more recent valuation, founder and CEO Mark Pincus’s stake could be worth at least $1 billion, given that founding CEOs with no co-founders typically own at least 10% of their startup if the company is profitable early on, as Zynga reportedly has been. Read related story: Millions at stake as startup equity pay rises.

The company generated $400 million in profit last year on revenue of $850 million, the Journal reported.

also check out their reference article: Facebook, Twitter, Zynga Bubbles Minting Millionaires

Insider Secrets – Globalization’s Effect on the USA’s Economy

28 Mar

In this latest video, I respond to to viewers questions about the current job market (and lack thereof of jobs) and how the expanded globalization effects all Americans as well as what you can do to enhance your attractiveness to employers.

Have your own questions that you want answered? Submit them and and get valuable financial advice by emailing me at Heru@Insidersgroup.com or to my Twitter page – twitter.com/HeruNekhet

Heru Nekhet
President, Insiders Group Inc
www.InsidersGroup.com

Insider Secrets – Q&A 3/11/2011

12 Mar

In my latest Q&A, I share why keeping your money in the bank is a losing proposition to you regardless of the interest accrued & why investing in gold coins isn’t really as valuable as advertised.

Feel free to comment and to submit questions of your own to: Heru@insidersgroup.com
or to his Twitter account at – Twitter.com/HeruNekhet

Heru Nekhet
Foudner & President, Insiders Group Inc.

www.InsidersGroup.com

Seizing Opportunity

2 Feb

Most people operate from a place of fear and thus never get to where they have to or should be in life.

You have to grab opportunity when it presents itself, and be ready to be accepting of it with the skills & knowledge you’ve spent all this time building. Watch a video I appeared in last year that highlights the smartest way to seize a good opportunity when it presents itself, something a lot of potentially successful people are unable to do.

Original footage is from my appearance on MNN, Nov. 20, 2010.

Insider Secrets – Q&A 1/21/2011

21 Jan

Check out the first of my new ongoing Question & Answer (Q&A) series from questions I get from my email and Twitter followers. The first edition is hosted by legendary radio broadcaster Wayne Gillman (WBLS, WLIB – NY)

Enjoy…and let me know what you think.

Heru Nekhet
President, Insiders Group Inc
www.InsidersGroup.com

Insider Wealth Tips – Positioning Yourself for Success

29 May

 

How can you use my secrets to position yourself for financial success?

Here I share my personal story on how I achieved financial freedom and became a Financial strategist and founder & President of Insiders Group Inc, as well as  how you can u

Letting Go of Industrial Age Thinking to Profit in The New Economy

1 May

This segment on ‘The Global Marketplace’ highlights key elements from my new workshop called Recession Driven Riches in which I share with you the same principles I used to insulate myself from the negative affects of the recession so you can position yourself to capitalize on the landslide of cash that’s being created with the new economy while others are drowning deeper and deeper in debt.

Feel free to share your thoughts with me on this topic by emailing me to Heru@InsidersGroup.com

follow me –  twitter.com/HeruNekhet