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The Black Genius Network Newsletter will be mailed very soon to everyone that is registered by August 1. Make sure you are getting your copy by registering now or send this email to a friend so they can get their own copy.

Remember in the first issue, we have the following

1. Interview with Victor Milbourne, Victor created a two million dollar real estate empire in less than two years.
2. Part 1 of How to Start a Service Business with $100
3. Answers to your questions
4. Create great marketing to find and keep customers
5. Real Estate Investing Tips from Victor Milbourne and more.

So register today to get your free August copy

Real Estate Investing with $500 cash

I was going to wait to talk about this when we published the printed newsletter in a couple of weeks but decided to talk about it today. This strategy works in every market and allows you to start earning money in real estate immediately.

This strategy is NOT wealth building, it provide current income and I know many people that are making very good money using this strategy. The strategy is NOT new, has been around for a while but works well and I have used it myself to jump start my real estate business. The strategy is called Wholesaling.

A wholesaler is a investment shopper for another real estate investor. The idea is that the wholesaler find a great deal, puts a $500 deposit on the deal and assigns the deal to another investor for a price. For example, two of my students sold a wholesale deal for $22k so they split $11k.

This strategy is easy to execute if you know or belong to a real estate investment groups.

Here are the steps in a nutshell

1. Find a few investors that don’t have the time to find deals
2. Based on what their investment needs are, find deals that meet what they want.
3. Get the deals under contract
4. Create an assignment contract
5. Sell the deal to the new investor & collect your check

Thats all there is to it, it isn’t difficult and many RE investment gurus teach and use this strategy. Of course in the printed newsletter over the next few months we will explain this strategy in detail but these are the basic steps.

Not only will we talk about Real Estate Investing 101 in the first monthly edition but we will also talk about the following;

• How to start a service business - service businesses are often the least expensive to start because you make yourself the expert. We will talk about how to start a service business and how to make your self the expert in your niche
• How to find your first customers - using both online and offline techniques, you will be able to find customers for your service business
• How to develop a wealth ethic - thinking about how to create assets that throw off cashflow that will allow you to leave your JOB
• much much more.

I can’t tell you how excited I am becasue not only are we starting next month with all of this very useful information we will also be allow ALL subscribers to benefit from the success of the Black Genius Newsletter by becoming an affiliate after they subscribe. That right, if you subscribe you can promote the Black genius Newsletter online, in your social groups and churches and earn income to pay for your subscription and more.

So, subscribe now and get the best of Black Genius

To your success

Dwight

P.S. Remember, everyone that is registered by July 30 2007 will receive the first edition of the newletter absolutely free so subscribe NOW

Nothing personal but I find myself wanting to believe the formula is worth the investment

You know whenever you start any business or endeavor the problem is always about establishing credibility. How do you get people to beleive and want your product or service and how do you connect with their wants and needs.

The beauty of a blog is that you can get feedback and feedback provides valuable information about how you are doing so I recently got the following comment from a member, who said the following;

“Nothing personal but I find myself wanting to believe the formula is worth the investment but I am at a point in my life (like most) where I can’t make moves and leaps without an “aim small, miss small” mentality. Most crap out there is MLM or a Carlton Sheets knock off. Both of which are built on outdated formulas for wealth building.”

I agree completely with this comment. I believe strongly that ANY business or wealth building strategy should be started in SMALL by, finding a niche, testing the niche and finding customers first, then grow the niche. I also KNOW for a fact that this process will work and I advise everyone to start with a SMALL, YES Small investment.

So, I agree 100% with this comment, start small, test to make sure you know your customer and then grow the business. To prove that I agree I’ve decided that the very first printed edition of the Black Genius Network Newsletter and interview CD will be mail to everyone registered on this list absolutely FREE.

Thats right, I will absorb the creation costs, the printing costs, the stuffing costs, the mailing cost all of the costs associated with providing YOU with the best information for starting and growing a business.

The only catch is YOU must be registered before August 31, 2007. That means that if your mailing information is in our system before August 31, YOUR FIRST ISSUE is FREE.

I want to prove that this newsletter is the best resource for starting and growing a business and will PAY to get that info to you so

Wealth Ethic Thinking for College Grads & Boomers

Most people don’t really think about the commonality between baby boomers and college grads but the situation is strikingly similar in my view. Both are starting or going to start a new lifestyle soon and how they approach that new lifestyle will determine their financial future.

First, the college grads; the grads have completed the holy grail in the US, each of you have done what sometimes is very difficult for us and that is to go to school and get a college degree. That has been the holy grail your entire life, preached by parents, family and friends since birth “go to school, get a good education so you can get a good job” and now the reality hits. The good job pays barely enough to live on and according to recent studies the average college graduate has about $20,000 in student loan debt and about $2,800 in credit card debt.

Now the boomers, soon facing retirement only forty-one percent of workers ages 45 to 54 have less than $25,000 saved up for retirement according to US News & Report. That $25k isn’t enough money to pay for 1/2 year of retirement.

The point is “What the #### should I DO?” How can I either payoff the school loans and live a good life or pay for retirement and have a good life. Same question for both “How do I pay for it?”

Well, I contend that getting a job to pay for it is going backward. Let me explain, the college grad is going to get a job with an average salary of $30,000 and is $20,000 in debt and the boomer can just continue to work at a job until he dies and neither is a good answer.

The best answer is to create cash-flowing assets. Assets that are created one time and continually thru off cash now and in the future.

Here is an example of cash flowing assets

1. Rental Real Estate - this is number one for one very good reason, you buy and fix a property one time and it continues to throw off cash. Our technique is simple, “DON’T BE A LANDLORD”, that’s right, I don’t fix toilets, I don’t evict tenants, I don’t collect rents. That’s the stuff people hate, BTW I also can’t fix anything
2. Intellectual Property - Everyone has a book, a recipe, a poem, or hobby that fits some niche. If you know how to find the niche and write interesting material you can easily put that business on autopilot. Frankly, I love this one because there is a niche for almost every interest and product can be created and sold for any niche
3. Own a business - this asset class is also one you can control and I start businesses SMALL very SMALL and without spending alot of money on startup. I know that EVERY business can be started by finding customers and clients first and frankly getting them to pay for the product or service BEFORE you spend ton’s of money. Every business can be started with less than $500 by TESTING and FINDING customers first.

Over the next few post I’ll talk about each asset classes and how YOU can create your wealth infrastructure.

What is a Wealth Ethic

Well, since my last post I have been building my own team, putting in place web masters, affiliates, business systems and the like so I can focus on building a wealth system. All of this is part of my idea of a wealth ethic.

A wealth ethic is the ability to create assets or use assets that produce both current and passive income with only one effort. In other words the goal of a wealth ethic is to create an asset that provides both current and future income and it provides that income without any effort from you in the future.

So over the last few days with my team members for my real estate investing team , I have been focusing on creating both current and future income in real estate. My real estate strategy contains a current income strategy (flips) and a wealth strategy (cashflow property). The investing system will provide both current income and future income and wealth building in the form of inflation proof appreciation.
This is what I meant when I talk about creating a wealth ethic and real estate is only one venue (asset class) Creating a wealth ethic requires that you remove the idea of working for money and embrace the idea of creating systems that go off and create money for you. The entire idea is to stop working for money.

This is not a new concept and every wealthy person has used this strategy. For example, Warren Buffett buys company’s that create wealth and his job is to orchestrate the growth of the business. He is not involved in the actual labor so he works hard one time (analyzing a company, building the money, negotiations etc) to buy a company and he and his stock holders benefit (build wealth) into the future.

Every month in the Black genius Network we will be teaching all of the steps needed to create wealth systems in many venues (asset classes) including the following;

How to buy investment real estate with only $500 dollars in any market

How to Get A Line To Form Outside Your Door Of People Begging You To Take Their Money
How to Marketing Your Business, Secure Clients, and Set Prices, fees.

How TO Deliver Your Services or Product in the Most Efficient Way Possible, for MAXIMUM MONEY from MINIMUM TIME and much more. We are have lineup interviews with many African American Entrepreneurs that will explain exactly how they started their business and HOW YOU can create a similar business.

We are sending out the first issue on August 1st with the complete interview with Victor Milbourne and very successful real estate entrepreneur that in less than two years built a multi-million dollar real estate investment business. SO GET YOUR SUBSCRIPTION NOW

Did YOU Celebrate INDEPENDENCE DAY

I love July 4th, Independence Day, the whole concept appeals to me. According to Wikipedia, “Independence Day is an annual celebration commemorating the anniversary of a nation’s assumption of independent statehood, usually after ceasing to be a colony or part of another state. Most countries honour their respective independence day as a national holiday and over 130 countries have declared their independence. Every country from Afghanistan (UK in 1919) to Zimbabwe ( UK in 1980). The entire concept appeals to me, “Commemorate the anniversary of independent statehood”.

The key seems to be the word statehood, which generally means “occupying a definite territory, having an organized government, and possessing internal and external sovereignty.”

Funny how words work, for example the word statehood leads to another word, “sovereignty”, which means “the exclusive right to exercise supreme political (e.g. legislative, judicial, and/or executive) authority over a geographic region, group of people, or oneself”

When you start to consider the entire premise of INDEPENDENCE DAY the real question is Sovereignty, because if you read just a little more about the definition of Sovereignty, you learn the following; “A sovereign is the supreme lawmaking authority, subject to no other. Thus the legal maxim, There is no law without a sovereign.”

Well Dwight, where are you going with all this? Where I’m going is the idea of being a sovereign became important to me. The idea of having domain over my life and making my own rules is important to me and the key to freedom is to declare INDEPENDENCE and create your own Sovereignty?

I decided a few years ago to create my own sovereignty, make my rules, live my life my way and I believe thats the reason you are reading this blog. you want the same thing. The question is when will you become a “sovereign” the “supreme lawmaking authority, subject to no other” in your life?

You see that’s what youreally want. That’s what you mean when you say you want “FINANCIAL FREEDOM”, you want sovereignty you want to make your rules, YOU WANT TO BE FREE AND MAKE THE LAWS IN YOUR LIFE free of financial worries.

Well, lets go back to history. The founding fathers were men that decided they didn’t want to live under the tax authority of Great Britian. They wrote a “Declaration of Independence” and declared their freedom. They even fought a war for that freedom.

They where men or women just like you and you can declare your Independence, create your own rules for your life and fight the war to make them come true.

Here are the rules in my life (no particular order

1. I will create my own income separate from my time
2. I will do my best to help others
3. I will live my life free of money worries because I can make more money but NOT more TIME
4. I will love and care for my family
5. I will work to ensure my family can live their life free of money worries.

You see, I’ve declared my sovereignty, I’ve created my own personal state for me and my family and I celebrate my Independence Day on July 4th, the same day as the United States of America. I’ve even got a Declaration of Independence.
So before you go out today, to celebrate the day the founders of the United States declared Independence from Great Britain, before you go to a picnic, or a barbecue, watch fireworks and celebrate, take some time to declare your own personal INDEPENDENCE DAY, write your Declaration of Independence, write your rules, make them clear and and join me in creating financial freedom for you and your family.

YOU CAN ALWAYS CREATE MORE MONEY BUT NEVER MORE TIME.

Eat a rib for me

Why the HELL have there NO POSTS to this SITE??????

Ok, I get the message, why no post whats going on, don’t you have anything to say? The answer is YES, I certainly have alot to say and the wait will be worth every minute. As you know I am working on the BLACK GENIUS NEWSLETTER which will mail as a special offer on August 1 to everyone FREE the first month. Thats right, August 1 you can learn the following

1. How to create a wealth ethic - the exact steps for creating financial freedom
2. How to create a wealth infrastructure - little money machines that are created one time and go out and bring back money SO YOU can LIVE your life FREE OF MONEY WORRIES
3. How to start a real estate investment business with a measly $500 hundred dollars. Thats right, you can create current income in real estate with only $500
4. How to have your customers PAY YOU to start your business
5. AND much, much more.

Every month we are dedicated to providing you complete details on how to start a business that cash flows a minimum of $2,000 per month and all you have to do is execute the plan. SOme of the business plans include

1. How to start a catering business with only $100 dollars
2. How to create a mini restaurant
3. How to be a minipreneur (start a mini businesses)
4. How to buy an existing business
5. How to grow your business by buying another business
6. and much more.

These are just some of the things we are working on in the next few months all designed to help you create wealth and current income.

So thats  “Why the HELL have there NO POSTS to this SITE??????”