MyUltimateSuccessSystem.com

So this is day 8 of the 90 day challenge and today I am going to investigate a system based around the idea of “Computers working for money”

It is a well known fact that if you want people to trust that what you are selling is of great value then it is a good idea to let them test-drive it first. This can be a challenge with an information product, but when you are providing a training course, it is easy simply to provide the first part for free and then charge only when people decide that it is right for them. So that is the model I have chosen for this stream of income.

The choice of online marketing was also simple, it was what I wanted to learn and I was able to get the course put together by one of the UK’s top experts on the subject.

I won’t say much more about that, he has put together a great introduction for himself at http://myhomebasedriches.com/

In the next video I will let you know about the ways in which I am going to drive traffic to the site – so stay tuned!

Today we start the first of the 6 streams of income. My choice for money working for money is online Forex trading. However, I wanted to choose an income stream that would require the lowest amount of my time, and one that would utilise the marvel of compound interest. As I dislike studying charts and spreadsheets, I decided to utilise an automated managed Forex system, that way I can reap the benefits of the high returns of Forex trading without the daily time-consuming and (for me) unpleasant studying.

The method I have chosen is Forex Macro ( http://forexmacro.com/?chrisball ). I looked at Ivybot, (Forex trading software often referred to as a Forex robot) which I will implement in the future, but for now I have chosen ForexMacro because it offers 21% return on investment – per month, which is massively higher than traditional deposit based investment, and it is completely hands off. In fact I only need to check the returns and manage the account once per month for about 30 minutes.

With this system I don’t need to go in a Forex course to learn about the market and how it works or worry about the spread betting. I can do global Forex trading without any knowledge of my own.

OK, if I were to learn how to do trading for myself and manage it all myself then the potential returns are even greater, I know someone that can double his money in less than 2 weeks, but the risks are also much higher. Also or me this would be more complex, stressful and time consuming, which is not an option for me if I am to keep to my aim of passive income.

Anyway, I hope you enjoyed this video and I will keep you posted at to how I am doing.

If you want to check it out for yourself, click over to: http://forexmacro.com/?chrisball

Until next time, have a prosperous weekend.

I have now decided on the 6 streams of income that I will use to create the financial freedom I am determined to achieve.

I have decided on 6 streams with the aim of having a minimum of 3 that are generating reliable income within the 90 days, and 3 that I can ditch if needs be. Obviously it would be really great if all 6 are successful, but that is not necessarily going to happen.

The 6 streams are:

• Forex Trading
• Ebook business
• Subscription business
• Blog with Adsense/affiliate product sales
• Pbook business
• Website Business

The idea is to have as diverse a range of businesses as possible with diverse routes to market, whilst also staying within my own general areas of knowledge. Obviously it is not necessary that I know how to do all the various things that need to be done, but it is necessary for me to know someone that does.

Over the next week I will start with the Forex Trading and document the progress I make on that.

The next video will be in a few days and until then, if you want to know more you can contact me via this site, my facebook at http://facebook.com/chilltime and http://twitter.com/entrepreneur_me

Over the next 90 days I plan to create a series of passive/leveraged income streams that will allow me to have a secure stable income sufficient to provide for all my needs.

I will be keeping you up to date with the progress of this challenge on this blog and on Facebook at http://facebook.com/chilltime. Also you can get an ongoing update of my progress from my tweets at http://twitter.com/entrepreneur_me

Join me on this journey to financial freedom and discover whether the route to financial freedom is as easy as it seems.

In the next video I will reveal the 6 streams of income that I will be using to create this freedom and choosing the first one to go with.

Then every few days I will be implementing one strategy after another to find the ones that create a stable predictable income – the other ones I will drop.

Each strategy I try will be based on known costs, known rewards and therefore I hope most of them to be a secure bet.

You can watch what I do or follow along with me on this journey to financial freedom.

Enjoy the ride.