How to Increase Your Odds of Success at Any Business System.

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Have you invested in a business system that was supposed to deliver great results to you and your business but the results were far less than what was promised? I know I have over the years, probably over $100K worth or more. You saw the great testimonials by people that did not look half as intelligent as yourself. You may have been thinking…”If they can do, so can I”! Many times the great system only leads to a great disappointment. Another system that didn’t turn your business around and didn’t bring in all those new customers or clients. Why is that? Was it the system, or was it you (or both)? In some situations, the marketer was just overpromising and the system could no way produce the results promised or the system was just crap, to begin with. I am sure we have all invested in a few of those. I do believe that most systems are really good and will help you produce amazing results. If that is true, then what is the challenge? It is you. Before you get upset, this is a good thing.

Being accountable and learning a new distinction or shifting a belief can make a major difference in your future results. Let me break down the steps why the system is not producing results for you and what you must do differently in the future (even if you go back to your bookshelf and dust off some of those CD, DVDs and other systems you have already invested in and now go back with a new attitude and mindset to get a better ROI.

Three Reasons Why the System Did Not Work for You and How to Turn that Around

  1. You were sold on simple steps to get the results in your business or life. Unfortunately, that is what sells, but it rarely ever works that way. Dan Kennedy has over 100 steps for every live event he conducts. These are complex marketing funnels to get attendees to sign up, to get them to actually come to the event after paying, and the following funnel after the event. He actually tracks revenue PER HOUR at his four-day events. It is a business and he runs it like one. Now if you want to put on events and have 700 people in the audience and have a $4 million event with ticket sales, upsells, speaker splits…it is a massive undertaking. You may go to or invest in training on how to run high ticket events and the headline will not be…”100 Simple Steps to Run a Profitable Event”. It may be 7 steps, 3 steps…That is what people want, the simple solution. Rarely is that the case. Now, the 7 steps might be an overview and very accurate but each step may have 10 other sub-steps to get the result. No one can tell you that up front because you would never invest in the program.The solution is to realize that it isn’t that simple. You invested in an outline, blueprint or pathway to get the result (which was worth the investment). Just realize that each step may be very involved with many other steps and when you have the mindset this is going to be twice as much work, take twice as long to get the results. This is the first step to realize, there is more work involved in this system. No different than the long hours you have put into your business or your skill set. You may have been up late nights, early in the morning and working long hours to find that most still do not appreciate or want to pay top dollar for your trial and error and resulting expertise. Even my title, three reasons… really tells you there may be 40, but I am going to give you the top 3.
  2. Your mindset is not focused on small incremental improvements. I have found when interviewing people over the years, especially in the direct sales industry and I ask them how is business going for them, many times it is not going well and usually their reason is that they are doing everything that the guru or top leader is doing but they are not getting the same results. They incorrectly conclude that the “system” does not work. The harsh reality is that if you were doing EXACTLY as the top leader you would get EXACTLY the same results. It should be quite clear you are NOT taking the EXACT same approach to the system. If you start with that new belief, that is half the battle. The solution is to get really excited about modeling EXACTLY how the top leader or guru is using the system to get results. If it is a direct sale opportunity where everyone has a similar website or opt-in page (and usually on an opt-in page to capture leads there may be 20 different distinctions from headlines, to the color of headlines, the video used, pictures, language to opt in…). Even if you have molded that in the detail usually the process to bring in a new member is to speak to them on the phone. Now, this is where the big differences show up immediately. You have to measure your call, approach, presentation and close ratios to better determine what part of your call process is not working so you can improve it. If you can record the top leader and record yourself and compare, the differences may be subtle or massive. They all will make a huge difference in your results
  3. You did not implement all the steps. Most people I find quit on step 3 of a 10 part system then conclude it did not work. You never even poorly implemented all the steps. At least if you would have done that you would have gotten some results. I have done this over the years and that is a big part of my success. At least I poorly implemented all the steps as a minimum. That is ahead of 90% of the group right there. The solution is to not only implement all the steps but then go back to improve the implemented steps. As you know you will get better with improved repetition. If you are doing all the steps incorrectly and you repeat that process all you end up with is more incorrect repetitions or no results. No wonder you are so frustrated. If you are not frustrated and you are one of the few who is getting results with the system, congrats to you! That is a model of success for you and others you may influence!  It boils down to the psychology, your mindset that will determine your success with the system in most cases. When you realize more work will be involved, and you focus on small incremental improvements, implement all the steps and improve them with repetition you are on your way to getting a much higher ROI on your investment in any system you have invested in the past or future!
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Multi-Tiered Structuring Strategies for Maximum Asset Protection

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One of the biggest mistakes I have found over the past 20 years is clients who sometimes have that false sense of security thinking they are totally protected with one legal entity.

Unfortunately, I have seen clients lose control of their companies, their personal assets, and even control of their operating business. The goal is to give you the strategies to plug up any gaping holes you may have in your shield of protection to your current and future assets.

Let’s review the basic’s. The first step is to separate your personal and business assets. That means not operating as a sole proprietorship and forming a separate legal entity like an LLC. Nevada offers an extra layer of protection when it comes to protecting the entity veil and making it harder for someone to come through to your personal assets (assuming you were the owner of the entity).

The next step is to separate your “Safe” from “Risk” assets. Most take the first step to separate their “risk” assets by forming a separate legal entity. Shortly we will cover how to add more separation for your business.

Many forget to form a separate legal entity to protect their “safe” assets, like gold, silver, stock in the stock market (even your cryptocurrency)…where there is no direct liability to you. I believe the reason for this is most think they do not have enough safe assets to protect.

There is no magic number, like once you achieve $100K in safe assets (outside your retirement plan) you need to form a separate LLC. The key question to ask is, “How would you feel if you lost all safe assets to a lawsuit, or action by your creditors?”

If you had $40K of investments unprotected, that may be very important to you, if that is all your safe assets. Also, if you have ownership interest in a business, you may be worth millions, but if you own it personally or by your living trust (which is protected from probate, not liability) you may lose control of that safe asset also!

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Need Another Entity to Protect Your Business or Assets by the end of 2014 or beginning of 2015? Time is running out.

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I hope you have had a successful year in business. If you didn’t reach all your goals this year, we hope that 2015 will be much more prosperous for you! There are steps you can take NOW to make sure that happens.

January is right around the corner – a time when many traditionally revisit their goals and priorities for the year ahead. One of NCP’s most important new year goals is to help you be more proactive in launching that profitable new business initiative or creating better protection for your assets.

We’ve found a solution that will help you feel more confident going into 2015 by establishing a complete foundation for your business and personal assets like real estate or investments. The best part is that takes less than 30 minutes of your time!

If you’re looking to form an LLC (most popular) or corporation (no matter what state) , December is the best time to get this done. Waiting until January can be the most risky and costly approach – here’s why;

• If you wait until 2015, by the time the entity is filed and everything is in place, more than likely you will be operating as a schedule C for two to three weeks of the beginning of the year (assuming you are operating a new business, real estate is different).

• You are risking an audit! There is a $300 Billion tax gap and the #1 culprit is sole proprietors that file a schedule C (that’s why we want to help you avoid that track in 2015, or at least be on it for the shortest possible time).

• We realize that most incorporating services say they incorporate in 24 hours (which may be true but there are additional steps required to establish you business with EIN, banking and more by the first of the year and they all take time. Some states are very backed up with filing and it may take from 5-12 business days up to several weeks for them to process everything.

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Don’t Take My Word For It

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Anytime you’re visiting unfamiliar territory, it always helps to get travel tips from someone who’s made the trip before you – someone who knows the wrong turns to avoid and how it feels to be a newcomer.

Meet Kevin and Melissa Knecht – a husband and wife entrepreneurial team wrapping up one of their most successful and abundant years ever!

Click here to watch their video: http://budurl.com/WhyLaunchWithNCP
 

How did they do it? Kevin and Melissa are happy to share their secrets with anyone who’s ready to take their business success to the next level. Certainly they already had the desire, determination and a clear vision of their destination.

What they were missing was a complete business foundation that could multiply and protect their profits. After some heavy comparison shopping for someone to walk them through the process of forming a corporation or LLC, they decided that NCP was the best value.

Sure, we could go on about the comprehensive process we took them through – but no one can explain what this experience did for their confidence and earning power better than Kevin and Melissa. They share the important highlights in this quick video.

If you’re ready to put your business on a powerful new success trajectory in 2014 like Kevin and Melissa did, NCP is ready to help! You’ll be amazed how fast, complete and affordable our system is. Take the next step and call us today at 1 (888) 627-7007 or (702) 367-7373.

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Is Your Business Screaming For An IRS Audit?

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As tax time nears you should be aware of the trends that are clear – the IRS is targeting more small businesses for audits and they’re denying deductions left and right.  Sole proprietorships are especially at risk. I have confirmed with my CPA networks that there is a huge risk to continue to operate as a sole proprietorship. Our CPA contacts are also recommending that you should get off schedule C in 2014 ASAP.

Here are just a few of the audit trigger red flags that IRS agents are watching for:

  • claiming 100% business use for your vehicle (this will almost certainly invite an audit)
  • large deductions that seem out of proportion for the business (this is what their computer systems look for)
  • any schedule C deductions for business travel, meals or entertainment (you are able to take these deductions but if excessive and if audited not documented properly you are toast)
  • hobby losses claimed as business expenses (you best be able to prove you were a real business)
  • regular wage income combined with large schedule C losses (you must prove you had a real business, which we teach you those requirements on the training below)
  • any documentation that doesn’t meet their strict substantiation requirements (this is NOT your CPAs responsibility, it is yours)

 The vehicle deduction is a very common slipup. The IRS knows that 100% business use is extremely rare, especially when there’s no other vehicle for personal use. Activities like photography, dog breeding, car racing or other sports or outdoor activities are tough to substantiate as business expenses because they look like hobbies to the IRS.

Could your business be sending an “audit me!” message to the IRS? The surest way to protect yourself is to establish a complete foundation for your business, starting with a properly formed separate legal entity. Do you know the 5 essential elements of a complete business foundation? Take advantage of this brief, free training to find out where you may be vulnerable to the IRS!

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NEW TrainingThe 5 Essential Components for a Complete Business Foundation: 
http://budurl.com/LaunchWithConfidence

Pick your time and date to be part of this special training.

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