A financial expert, Pamela is the author of the groundbreaking book Bank on Yourself:The Life Changing Secret fo Growing and Protecting Your Financial Future – which reveals the secrets to taking back control of your financial future that Wall Street, banks, and credit card companies DON’T want you to know.
She investigated more than 450 savings and retirement planning strategies seeking an alternative to the risk and volatility of stocks and other investments. Her research led her to a time-tested, predictable method of growing and protecting wealth now used by more than half a million people.
This was a fascinating conversation as we explored the following questions and more:
- WHAT is a Bank On Yourself Plan?
- Has it REALLY been around for 160 years?
- Your advice is radically different from both Dave Ramsey and Suze Orman – what are the key differences?
- How can a woman entrepreneur use Bank On Yourself as a financing vehicle for their business, even when no banker will loan her a dime?
- How can women entrepreneurs use Bank On Yourself to not retire broke?
- Is it too late to start a Bank On Yourself Plan, if you are a woman entrepreneur over 50?
- Walt Disney and JC Penney both used this type of plan to finance their businesses?
Pamela’s new book: Bank On Yourself Revolution: Fire Your Banker, Bypass Wall Street, and Take Control of Your Own Financial Future. (And by the way, THIS ‘Revolution’ WILL be televised ;-))
Ladies, you really have to listen to this one. It’s MIND-BLOWING what we don’t know about this potential business financing vehicle.
Jan Phillips wrote this white paper in 2006, using Michael Stelzner’s white paper on… “How to Write a White Paper” (thanks Michael …designed to help market the book she was writing for 9th Element Group, our angel-funded, short-lived “business of thought leadership” consulting company.
You can download it RIGHT here:
Visionary Thought Leadership. (PDF, opens new window, no registration required)
I think it’s time we revived it, let me know what you think when you read it, it’s obvious to me now that we were way ahead of our time.
Enjoy the read, and if you like it…
You’ll LOVE the award-winning book companion book we published titled “The Art of Original Thinking: The Making of a Thought Leader”
(Amazon.com and in bookstores too)
Also, go check out Jan Phillips and tell her what an amazing predictor she is… (well, I guess we all were – we all added content and insight). You’ll love her site. Tell her Michelle Price sent you.
A while back, I became inspired to take my favorite book – The Science of Getting Rich by Wallace D. Wattles – and translate/create a version written in the feminine for women solopreneurs. This book was the first metaphysical book I actually read and put the teachings into action.
The results have been nothing short of amazing. I manifested everything from two laptop computers (in the early 2000′s no less) to my final escape from Cubicle Nation. That was 10 years ago…
Thought I’d excerpt the Preface for you here:
The foundation of this book is based on The Science of Getting Rich, which was written in 1910 by Wallace D. Wattles, one year before his death.
This compilation – The Science of Getting Rich for Women Solopreneurs was created by two dedicated women solo entrepreneurs –Michelle Anton and Michelle Price. They were in search of a personal mastery book that met the needs of women solopreneurs who own and operate service businesses who desire to shift from solely trading time for dollars to creating more value from their intellectual property for themselves and others through their books, ebooks and information based-products.
They have combined their real world experience from the school of hard knocks, their expertise in Fortune 50 AND small business entrepreneurship, and added a dash of grass roots research to help women entrepreneurs everywhere prosper.
All too often they have found that females don’t have access to the contacts and shortcuts shared and enjoyed by men in “the old boy’s network”. Their main goal in editing The Science of Getting Rich into The Science of Getting for Women Solopreneurs was to provide an extraordinarily effective and efficient method for women interested in gaining wealth: one that preaches against competitive economic practices, instead concerning itself with the cooperation and betterment of the world.
Visit The Science of Getting Rich for Women Solopreneurs TeleSalon to sample the audio version.
Be sure to let me know what you think!
My good friend and colleague Jan Phillips wrote this for Huffington Post recently. When I read it, I was touched, moved and inspired to share it here. What’s disturbing is this pattern has been at play for what seems like centuries to hear it told. It’s time for a change and we are the ones.
Take it away Jan:
Fifty years ago, Betty Friedan’s book, The Feminine Mystique, sparked a women’s movement that rocked the world. It was about “the problem that has no name.” They didn’t know what to call it back then. But today, ask any woman if she’s ever felt silenced, and chances are she’ll say yes. Cultures have been silencing women for centuries, and as a result, women’s voices and creations are under-represented everywhere you look.
In the US, women make up 51 percent of the workforce and hold 16.1 percent of the board positions. While 85% of the nudes in a museum are apt to be female, only 5 percent of its artists are. Only 5 percent of the film directors in the U.S. are female. While women are 51 percent of the population, we hold 17 percent of the seats in Congress. Of the 500 largest corporations, 4.2 percent have a female CEO. Of those who’ve gained eminence in science and writing, 1 percent have been women.
In a recent study of male and female art students at the San Francisco Art Institute, the question was asked: Do you think of yourself as an artist? 67 percent of the women said no and 60 percent of the men said yes. When asked the question, in comparison to the work of others at the Institute, is your work particularly unique or good? 40 percent of the men and 17 percent of the women answered yes. And when asked In comparison to the work of others at the Institute, is your work inferior? the percentages were reversed: 40 percent of the women felt their work was inferior and 14 percent of the men agreed.
In a year long study from 2009-2010, Fairness and Accuracy in Reporting (FAIR) examined every politically-themed book that The New York Times Book Review critiqued. FAIR reported that 95 percent of US authors reviewed in the publication were white, and 87 percent were male.
Doors are never going to just open up to a new reality for women. In order to create a culture that is balanced and fair, where the power and voices of women are equal to that of the men, then it is our job as women to make that happen. We are the suffragettes of our times, the ones who create the events that ignite the public and personal imagination, that free our creative powers, that cause another wave of energy and potential to wash over our world.
My Livingkindness Foundation is sponsoring an event to do just that. It is 3 day symposium for women to bring together art and activism, creativity and spirituality. All women are invited to come to the well, to feed their souls, to be inspired by the artistry, the genius, the social reach and impact of their fellow creators. It is a forum for all of us, no matter where we stand in relationship to the arts — for we are each other’s mirrors and witnesses. We are satellite dishes receiving each others’s signals and symbols.
Yesterday as I was explaining the event to someone, I described the feeling many of us have had upon hearing of someone’s success or achievement: “If she can, I can.” It’s like that, I said. We’re inspired by each other. The woman picked up on it right away and said, “Oh I get it: it’s an “If she can, we can weekend!” Exactly.
We’re giving $1000 Art & Activism awards to four women who have had a significant impact on American culture: Pulitzer nominee poet/ writer Linda Hogan, from the Chickasaw Nation, Grammy-winner Joanne Shenandoah, from the Iroquois Confederacy, and June Millington, co-founder of the first women’s rock and roll band in the country and her partner Ann Hackler who co-founded the Institute for Musical Arts which trains young women in the art and business of music-making.
Also appearing will be Inocente, a nineteen year old artist who lived as a homeless undocumented immigrant who found the arts both healing and redemptive. The documentary about her life, Inocente, won this year’s Academy Award for Documentary Short.
There are a variety of EVE talks (Expressing Values that are Evolutionary), salons in writing, photography, social networking, platform-building, crowdfunding, digital campaigns and art immersion experiences in photography, painting, movement, ritual and digital storytelling.
For more info, http://www.livingkindness.org/Livingkindness/Events.html
While researching my theory that the OLD masculine online business model is becoming less effective by the day – and there’s a NEW Feminine Online Business Model emerging and being nurtured by Fierce Feminine women entrepreneurs (like Lisa Manyon’s observation of a New Marketing Model)…
…I happened upon this book published in 2004 (8 years ago!) called Fierce Conversations by Susan Scott.
I was captivated by the foreword by Ken Blanchard (One-Minute Manager is probably how he’s known best) and sucked into the “free” first chapter. Which hasn’t happened in a VERY long time. (nowadays, free chapters are usually about as exciting as watching paint dry)
It got me thinking about what I’m calling the New Feminine Online Business Model, because the subtitle of the book is “Achieving Success at Work and in Life One Conversation at a Time“.
ONE Conversation at a Time.
Not a thousand. One.
The New Feminine Online Business Model is based on having an Online Conversation That Matters, then going out and finding the small group of people that it matters TO. And letting them know you are listening, so they can talk.
And I’m chuckling, because if you really think about it, like she says in her subtitle, you can truly only have ONE conversation at a time online, at work, or in life.
Doesn’t matter whether you have thousands or even millions of “followers” on Twitter, “friends” on Facebook, “connections” on Linkedin, “circles” on Google+…”collections” on Pinterest…
One at a time, my friend.
So the next time you find yourself obsessing over your Klout score, or the number of people in your Twitter, Facebook, or Linkedin network, think about singling out just One.
And reach out and have a conversation with that One. See what magic may happen.
My most successful conversations have all begun with just One.
Google Books sample below. Read it for yourself.
Throwback Post Day! Here’s a post I did in 2011 that I think is even more relevant in 2013.
I found this video in a leadership lesson, on an online learning site. I almost passed it up because I wasn’t looking for this topic – it just popped up in the search for the other keyword.
But I reminded myself that insights (thinklets) on thought leadership come in the most obscure ways sometimes, ESPECIALLY when you aren’t looking for them.
So what does a 3 minute video on dancing have to do with thought leadership, launching a movement and getting YOUR first follower?
Watch this video – it’s a study in human sociology at the least. You’ll see the “light of insight” flip on when you do.
Enjoy – it’s Edutainment at it’s finest…FUNNY!
I first read this story in a short book given to me by John Assaraf, titled “You2 “(squared) by Price Pritchett. It’s profoundly simple and powerful story to help you understand the Quantum Leap mindset. ..
“I’m sitting in a quiet room at the Milcroft Inn, a peaceful little place hidden back among the pine trees about an hour out of Toronto. It’s just past noon, late July, and I’m listening to the desperate sounds of a life-or-death struggle going on a few feet away.
There’s a small fly burning out the last of its short life’s energies in a futile attempt to fly through the glass of the windowpane. The whining wings tell the poignant story of the fly’s strategy: Try harder. But it’s not working.
The frenzied effort offers no hope for survival. Ironically, the struggle is part of the trap. It is impossible for the fly to try hard enough to succeed at breaking through the glass. Nevertheless, this little insect has staked its life on reaching its goal through raw effort and determination. This fly is doomed. It will die there on the windowsill.
Across the room, ten steps away, the door is open. Ten seconds of flying time and this small creature could reach the outside world it seeks. With only a fraction of the effort now being wasted, it could be free of this self-imposed trap. The breakthrough possibility is there. It would be so easy.Why doesn’t the fly try another approach, something dramatically different? How did it get so locked in on the idea that this particular route and determined effort offer the most promise for success? What logic is there in continuing until death to seek a breakthrough with more of the same? No doubt this approach makes sense to the fly. Regrettably, it’s an idea that will kill.
Trying harder isn’t necessarily the solution to achieving more. It may not offer any real promise for getting what you want out of life. Sometimes, in fact, it’s a big part of the problem. If you stake your hopes for a breakthrough on trying harder than ever, you may kill your chances for success.
What I took away from this story is that trying harder is rarely the answer, especially for women entrepreneurs. We have to stop trying and start BEing.
As R2D2 (?) in Star Wars said “Try? There is no ‘try’. There is only Do and Do Not”…;-).
I certainly used that one on my daughters as they were growing up. I use it on myself just about daily when I catch myself saying “I’ll try”.
To get yourself into a Quantum Leap mindset, stop beating your head against the proverbial window and visualize the perfect end result… think creatively about how you might accomplish it instead of just doing things the same way you’ve always done them.
Allow me to introduce you to Lauren E. Miller. Google “stress relief expert” and you’ll find Lauren in the top spot (usually). And the she’s the Founder of Stress Solutions University. Lauren and I met when she was launching her latest book “99 Things You Wish You Knew BEFORE Stressing Out”.
You see, Lauren knows what she’s talking about from a very personal perspective.
She experienced 2 of life’s most major stressors- at the same time… Divorce and cancer.
Lauren was diagnosed with breast cancer one week before her divorce was to be final.
When we met, I realized she had an opportunity to monetize her book into a recurring income stream by creating a much needed member-based learning community around the topic of stress relief.
Lauren agreed. We decided that I would provide the content revenue strategy and technical infrastructure to support her vision. She would be Chief Content Creator, and begin by creating 99 coaching videos for each of the 99 Things in her book.This would translate into 11 video coaching modules, with 9 videos in each module.
Since this book was about the “mental” skillset required for stress relief, we decided that Stress Solutions University would be about acquiring the “physical” skills – techniques and tools to relieve stress on your own, and access your full potential.
Lauren would deliver LIVE video coaching “stress relief” hot seats, interview experts, and provide a discussion forum and resource section for members of all of her recommended resources gained over 18 years of studying and using her techniques.
This video below is of one of her “mindset” coaching videos from the book 99 Things You Wish You Knew BEFORE Stressing Out, the text below is it is excerpted from the book:
To Stress or Not to Stress…that is the question. And your choice of response makes all the difference in the outcome. Stress is a signal within your body giving you the opportunity to identify and adjust your perception, Lauren offers some tips on how to adjust your perception.
A recent study out of UCLA’s Jonsson Comprehensive Cancer Center revealed that chronic stress acts as a sort of fertilizer to cancer cells. If you know anything about the physiological effects of stress on the body from high blood pressure to increased cortisol levels and a compromised immune system you might say, “You think?” At least that’s what I said when I read the findings.
It was one week prior to my final divorce court date when I was diagnosed with stage-three breast cancer. Because I don’t believe in divorce (in my tribe you stay married for life) I was under some serious stress and my body was talking to me about it all.
Have you ever broken down the word disease? Dis-ease: Feelings of uneasiness in the body due to perceived situations that are seen by the viewer as a potential threat to their safety (emotionally, physically or spiritually).
Two of your core needs in life are connection and safety. When you feel unsafe you feel dis-connected and you begin to stress out: “Oh no, I’m not safe; I might fail; I might be fired; I might be unseen, unheard, or overlooked.”
One way to disconnect from feelings of insecurity is to connect to that which is secure within you—along with what you value most in life. What do you value most in your life? I would venture to guess that it exists beyond the five senses.
Make a list of everything that you value most in this life and take time every day to nurture one or two things on that list. You will find that when you align yourself to that which you value most, you fertilize your sense of safety in all situations. This, in turn, releases a sense of ease in your body. Surely, a portion of the time you spend Skyping, texting, emailing and cell phoning can be used to create ease in your daily life, especially knowing it has the potential to save your life.
When your priorities are clear your decisions are easy, which in turn lowers the stress and dis-ease level inside of your body. Remember, it’s your choice. One of my daily mantras is “people before things.” Each time I practice this throughout the day I am given the opportunity to choose between the essential and the nonessential. When you connect with the essential, the result is a life of value and inner peace.
As Dr. David Hawkins points out, “Peace is the natural state when truth prevails.” Align yourself with truth, what is good, pure, excellent and praiseworthy.
To get a sample of Lauren’s videos and her style, go to http://www.stresssolutionsuniversity.com/#free-stuff
Then actually WATCH them – take action, and watch what happens.
Create a Great Day,
When I read this, it resonated so much, that I was instantly compelled to make this my guest post for this week!
He’s got a unique spin - he says there are 5 MENTAL rooms inside an entrepreneur’s mind, and a true entrepreneur must learn how to guard the doors of each room and think in a certain way order to achieve their goals. He includes one room at the end that I NEVER see anyone else talk about enough…
Inside the Mind Of An Entrepreneur
by Joris Washington
It’s hard to make up your bed while you’re still sleeping in it. Hard to make up your mind for the same reason.
Welcome to the mind of an entrepreneur! Do you realize what it takes to receive an idea, visualize it, plan it, and act on it with ferocity in order to bring it to life and prosper? There is an enormous difference between wanting to do something and being able to make a living at doing that something. The tools needed for such an endeavor can’t be purchased at a store, leased online or borrowed from your friend. You either have the weapons or “tools”needed for day-in and day-out operations for achievement or you don’t. It’s as simple as that. Let’s go inside the mind of an entrepreneur to see what exists, shall we?
Knock Knock! The 10 foot steel doors of the entrepreneurial mind creep open as the sound of, “State your request!”, immediately resonates upon entry. You see, this type of mind checks everything at the door to both validate importance and determine whether a quick eviction is warranted. There are many things going on within this multi-roomed amphitheater of activity, so nonsense, negativity and trojan horses that come in many forms are quickly hooked and pulled out. Ok, I see you’ve been allowed to continue the tour. Let’s take a stroll of the room that provides the fuel need to start everything…COURAGE.
Are you willing to risk it all on something you think will work? Are you willing to skip weekends and holidays? Are you willing to lose sleep while playing out hundreds of scenarios in your mind relative to what might happen if you do this or that?
Well, in this particular room, all of the above is considered and accepted as the cost needed to be paid in order to overcome any and all obstacles.
The credo in the room of courage requires that once you’ve fueled up, there is no turning back. In order to confirm that you’re “bout it, bout it” regarding this challenge, all bridges crossed to get to this point have been blown up. Yes, [GULP]….blown. Two choices: Forward progress or stagnation. Remember? No turning back! Would you still like to continue the tour? Next up…FAITH
Now that you have the courage needed, it is imperative that FAITH is loaded and carried in large amounts.
However, this special ingredient won’t arrive with the speed of ordering fast food.
In this room, you cannot move any further until you’re truly connected to a higher source only you can explain. The higher connection I’m speaking on is like no other.
You can’t buy, beg or borrow it, nor can you predict the amount of time it takes to acquire.
All I know about the room of Faith is that nothing can be manifested without it. If you think I’m lying, try it. I guarantee you within a very short period of time, failure will be calling you on a first name basis (with a smile).
Faith is a very special thing to possess. Again, time lines for solid aquisition may vary individually based on the amount of bags or bag”gage” one carries in other hidden closets of the mind. Meanwhile, let’s move on to the next room…COMMITMENT
You’re fueled up on courage, loaded out with faith, and now ready to confirm to yourself and the world your intentions.
If you define commitment, it’s about a pledge or an obligation, right?
This is where all the talk, ra ra and whoop di whoop ends. A new vocabulary starts with removing what if, maybe and might while replacing with who, where, what time and let’s negotiate. Here’s a few basic commitments to affirm:
- Commitment to values – this is your core, if you work with commitment to your values, you will work your hardest.
- Commitment to goals – successful people set goals, but setting goals is nothing if you don’t stick with them. (Sound familiar?)
- Commitment to action – every single day you need to commit an action towards your goals.
- Commitment to continuous improvement – it’s about being your best and maintaining integrity and pride.
Put these four commitments in your pocket and get to steppin in the direction of whatever it is you’re out to accomplish. You’re getting there! Next up……ACTION!
All the plans, prayers and chants in the world are absolutely worthless without action.
In this room, prepare for actual “hands on” combat.
Picture it as a boxer’s first fight after training hard for 6-8 weeks. You’re not afraid and ready for action. You’re connected to a Higher Power. You’re committed to winning, and now it’s time to kick some ass or get your ass kicked.
What’s important to know is if you’re acting on it, everything you’ve envisioned has now started to move in your direction. By the way, don’t worry about getting hit, because you will. In fact, the first time you get kicked in the ass real hard, it brings out even more determination in you. ACTION!
The last location for touring is the mental room of RELAXATION.
This is also mandatory in keeping one refreshed in order to tackle challenges with efficiency.
The moment you’re saying you “don’t have time”, you’re in trouble because time spent is actually controlled by you, and not the other way around.
Find time to immerse yourself in those things that contribute to your overall well being such as meditating, catch up on your reading, go for a walk, camp out, etc. If you don’t take the time to reset, I can assure you that burnout, whining, complaining and incessant sickness will follow.
Courage, faith, commitment, action and relaxation…These are the mental rooms frequently occupied by the entrepreneur, and every little thing I do, Red Rooster Catfish is on my mind.
Happy Birthday Jonique! I love you.
(And WE love this post Catfishianado!)
Saw these two infographics and thought it time I posted something about Pinterest. If women consumers are your market, this is your spot.
- Close to 70% of Pinterest users are female.
- 56% of users are between the ages of 25-44
- Over 1 million visitors EACH DAY
- Pintrest refers more traffic to other sites than Linkedin, Google+ and YouTube(!) combined
- SOCIAL MEDIA CAPITALIST FACT: 28% of Pinterest users have annual household incomes of $100k
The following will take you to Mashable, where you can read that:
- A recent study showed that home, arts and crafts, style/fashion and food are the most popular categories on Pinterest.
- Food category is the fastest growing segment of Pinterest.