I think there are a number of reasons that push people from inaction to action. These can be because they suddenly feel the confidence as its says in the Podcast or because an outside event gives them a shove! Jim Rohn is strong on this in his CD set called “The day that turns your life around”.

I think it is bizarre how this episode has been timed as I’ve been trying to get from inaction to action for a while now, and the last week has seen a big move forward for my own project.

Sterling/Jay – excellent podcasts! keep them coming!

Mark.

Ahhhh. I can feel your passion. If that fuels you, then take it and run with it. Just make sure it’s a viable market. It sounds like you have done the research, though. I often find inspiration in seeing something done that I know I can do better.

@Robert,

Ultimately you need to sit down with a lawyer. There are too many variables to consider and I’m nor a professional in this field and don’t know all the variables affecting you.

My previous employers didn’t listen to any of my ideas for their new product and as far as I can see it is tanking. My non-compete agreement has now expired and every time I look at their pathetic site I keep thinking “if only they’d listened” – well now’s the time to show them :-)

Thanks for the podcasts – they are essential listening!

Baz.

Robert (who posted above),
I teach business law in an MBA program, and I can tell you with certainty that yes, you can own multiple daughter businesses under the umbrella of one mother-ship business. In fact, your mother ship business can even be a partner with another person’s mother ship business, and together spawn a new daughter business that is partly owned by each mother ship (although one of the mother ships would need to be a father ship to really make this tortured analogy work). Any business law textbook in any library would have a chapter on this, typically called “Business Formations” or “Forms of Business.” You can save a lot of money by reading such a chapter, and then going to the website for you state’s Secretary of State — that is who typically handles business entity registrations for about $150 each. (By the way, this is not my ebook topic).

Thanks again guys!

-The Undercover Lawyer

So far, I have. Every time I have tried to get started on a money only niche I lose interest quickly. Back to the Money episode 1 back, money to me means freedom, BUT the passion I feel everyday is very important to me. Yes, I do take it all a bit to personal and I’m SURE if I didn’t I could make a TON more money, but we’re dealing with personality stuff that I can’t and don’t really want to change! Oh if I could only be interested in mortgages or fat loss patches…

thanks,
Brett

I lived in San Diego for over a year and really enjoyed it. I was more thinking of a beach town like Del Mar or Santa Barbara, but I would consider SD again.

I’m a little ways off from making the move, so I haven’t had the VA look into it yet. Right now my VA is doing major work on several new sites I’m doing and I don’t want to distract him!

Jay, OTOH, is already sweating under a blanket in BA. LOL

Great work on the podcasts!

I heard Jay (I think) mention he was looking to move to southern california
soon.
Well I’m here to plug San Diego, where I live! Here are the reasons I think
you should move to my wonderful city:

1) Some of the best weather in the country
2) Fantastic beaches
3) Cool, friendly people
4) L.A. sucks!
5) We are starting to become the internet marketing capital of the country
(several top marketers here and endless internet marketing groups)

No matter what I think you will be happier in Socal over SLC, although I
recommend making sure you learn the traffic patterns and avoid living in
them (tough to do in LA but possible in San Diego).

Cheers and good luck,
Kevin

This was an important episode as I finally figured out that I have more internet business information in my head then I could take action on for the next 3 years. Course, then much of it would be obsolete… I had get my ratio of info to action to 50%. If I learn something I have to take action before I go try to learn something else. I used to get a program on internet business and just watch the whole think, taking notes here and there, then going back to whatever I was doing before. Maybe I would get ONE idea that would make it into the Take Action pile. No more! Info/action, done.

I had a question that no one seems to be able to
answer even in a general sense so I figured I could leave it here for an experts advice!!!

I understand how to set up the legal side of a
business but what is unclear to me is multiple
companies.

My question is can I have multiple companies under one
large company name. Like smaller companies within a
larger one.

I ask because I have a lot of business ideas that I
think are worth pursuing but I would like to have them
bundled under one name? I hope this makes sense? Any
help would be greatly appreciated. Here is an example
of what I am trying to say.

Robert runs “Guitars Forever” and “Wine Winners
Workshop” both businesses are owned by The Robert Co.
LLC. Is this possible or wishful thinking?

If not then I think I would have to set up 4 or 5
separate LLC and maybe even a C corp. but to think
about the tax burdens I would be dealing with is
enough to make me question if it is worth it or not.

Thanks for all your help and service I love the
podcasts!

Robert.