wealthylicious edmonton edits

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Page 1: Wealthylicious edmonton edits
Page 2: Wealthylicious edmonton edits

• Fast track residual income developer

• Visionary and Dream Coach

• Past founder of fashion brand, Sexy Monkey Inc.

• Founder of shellymatsos.com

Shelly Matsos

Page 3: Wealthylicious edmonton edits

Strategy #1-Millionaire Mindset-

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1/100

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6 Months

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$41, 740/Canadian

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1 Week

Page 8: Wealthylicious edmonton edits

WHY?1.No

Residual2.No

Leverage

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Do you have leverage?

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Linear vs Residual income

What most people get. You exchange your time for money and you get paid once for that time.

Get paid multiple times for work done once. You may spend 30 minutes on a residual activity and continue to earn income from that activity for decades. Income earned not based on time.

Linear

Residual

Page 11: Wealthylicious edmonton edits

Linear Income

Money

Time Linear Plateau

Working weekends, evenings, lunch hours…..

Personal Return on Investment= Working for $5/hour

Personal ROI-Personal ROI-Calculate your personal return on investment. How valuable is your time? How much are you really paid per hour?

Successful people are excellent time and money managers

Page 12: Wealthylicious edmonton edits

Residual Income – Time vs Money

Average 3-4 year mark

Money

Time

Page 13: Wealthylicious edmonton edits

3 Common Streams of Residual Income

Equities Saving & Investing

MLM

Real Estate Buying, Selling & Reinvesting

…Financial Freedom!

5 10 15 20 25 30 35

Years it will take to earn $50,000 annually

Page 14: Wealthylicious edmonton edits

Expect Wealth• What is your hourly rate? Set one• Weekly profit goal (set Sunday night)• Set your financial intention each day• Be an excellent money manager• Focus. Expand what you’re good at• Income stream(s) not based on time

Page 15: Wealthylicious edmonton edits

How could you generate more money doing what

you currently do?

Page 16: Wealthylicious edmonton edits

Create Cash Flow- Residual

• Real Estate• Stocks• Affiliate Programs• Network Marketing• Franchising/Memberships• Products (books/dvd’s/ebooks)

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Recommended Books

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• Your Net Worth• Your Financial Freedom Date• An income stream not dependent on time• A financial team• Great Tax Savings Plan• A residual income stream• How much you will earn by Christmas

Your Homework

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Strategy #2-Network Marketing-

Page 21: Wealthylicious edmonton edits

What the heck is Network

Marketing?

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What’s all the Hype About?

Page 23: Wealthylicious edmonton edits
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Thinking in a new way about Finances:

Robert Kiyosaki’s ‘Cash Flow Quadrant’

EEmployee

SSelf-employed

B Business Owner

IInvestor

Page 25: Wealthylicious edmonton edits

Why NWM?

Equities Saving & Investing

MLM

Real Estate Buying, Selling & Reinvesting

…Financial Freedom!

5 10 15 20 25 30 35

Years it will take to earn $50,000 annually

Page 26: Wealthylicious edmonton edits

Most Popular Reasons Why Women Choose NWM

1. No glass ceiling or limit on income2. It’s Portable & Flexible3. Build in Business School4. We are supportive & Social

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Minimize Tax Liability

““Every North-American taxpayer Every North-American taxpayer who works a full-time job and does who works a full-time job and does

not have a side business is probably not have a side business is probably overpaying taxes to the tune of overpaying taxes to the tune of

$3,000* to $9,000$3,000* to $9,000* a year!” * a year!”

--Sandy Botkin, Former IRS tax Sandy Botkin, Former IRS tax attorney, CPA, Founder of TRIattorney, CPA, Founder of TRI

Page 28: Wealthylicious edmonton edits

T-4 (Employee)T-4 (Employee) Business OwnerBusiness Owner

$1000$1000 $1000$1000- - $250$250

$750$750- - $900$900-$150-$150

- - $900$900

$100$100- - $25$25

$75$75

Page 29: Wealthylicious edmonton edits

What you DON’T Need….• Experience in sales• Have been an entrepreneur in the

past• You don’t need a lot of $• Need a lot of time

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You DO Need…• A desire to move from “good to great”• Be open to learning & ‘unlearning’

• Do a little each day

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• Watch 1 to 2 network marketing presentations from people in your network• Read “Business of the 21st Century” by Robert Kiyosaki

Your Homework

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Strategy #3-Real Estate Investing-

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Preparation is Key

• Real estate investing is a process• Know your objectives• Know your target market• Get comfortable with mortgage financing• Get your investment team prepared• When the opportunity presents itself you

need to be ready to ACT 100% without hesitation

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Know Your Objective• #1 – Home of your own

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Know Your Objective• #1 – Home of your own• #2 – Buy & Hold (“Positive Cash

Flow”)

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Know Your Objective• #1 – Home of your own• #2 – Buy & Hold (“Positive Cash

Flow”)• #3 – Buy & Sell (“Flip”)

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Source: http://www.reincanada.com/

Real Estate Market Formula

Page 38: Wealthylicious edmonton edits

Getting into the Game• Down payment

– Family / friends– Line of credit– Home equity / re-financing

• “Think outside the box” for financing (the Big 5 Banks vs. mortgage brokers)– Joint Ventures– Vendor Take Back mortgages– Non-conventional private lenders

• Millionaire Mindset!

Page 39: Wealthylicious edmonton edits

Selecting Your Wealth Team

The Goon Squad• Commission Breath• Not in the deal to ensure

your needs are met• Not available when you

need them• Have no sense of urgency• Don’t listen to your needs/

wants• Remember you have hired

these people to work for you!!!

The Wealth Team• A group of people who want

to work with you to ensure you are successful

• Qualified Real Estate Agent, Lawyer, Mortgage Broker, Home Inspector, Contractor, Accountant

• Always available• Understands your long term

goal

Page 40: Wealthylicious edmonton edits

Real Estate Wisdom

• Follow your objectives & Keep it simple• It’s never too early or too late• Learn everything you can (Books, Mentors,

Seminars)• Join an investment group (i.e. REIN)• When the opportunity presents itself you

need to be ready to ACT 100% without hesitation

Page 41: Wealthylicious edmonton edits

Strategy #4-Health Leads to Wealth-

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Behind every vibrant, successful woman is…

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Too Much of this…

• Sugar, Candy, Ice Cream, Cookies• White Potato, White Flour, White Rice,

White Tortillas, White Pasta• Breads & Cereals• Aspartame & artificial sweeteners • “Instant” Foods• Fruit Juices• Fat-free yogurt

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Leads to this…

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• Cellular protection from free radical damage• Phytonutrients AND Phytochemicals• Anthocyanidins• Lutein, Lycopene, Calcium/K• Immune boosting• Energy boosting• Infection control

Antioxidant Rich Foods

• ACE vitamins + Selenium

Mother Nature’s Best Work

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Superfoods

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Natural Fats & Omega 3’s• Cell membrane protection • Healthy fats help burn fat • Radiant and beautiful skin, hair, nails Anti-inflammatory• Olives, avocados, almonds, walnuts, hazelnuts, pumpkin seeds• Extra virgin olive oil, avocado oil, coconut oil, grapeseed oil• Salmon, Mackerel, Sardines, Flax, Chia• Cod liver oil

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Can I get what I need through Food?

To obtain 400 IU vitamin E, You would need to eat:

Spinach 33 poundsSunflower seeds 1.2 poundsWheat germ 5.2 poundsAlmonds 2.2 poundsSafflower oil 1 quart

•Processed & Packaged Food Life•Fast-Paced Lifestyles•Nutrient Depleted Soils•Chemicals/Additives in Food•Toxic Environment

Page 49: Wealthylicious edmonton edits

Daily Supplementation Essentials

1) Multi-Vitamin Pharmaceutical GradeHigh Bio-AvailabilityNatural extracts, no fillers5-star ratingTaken twice daily for optimal health

2) Omega OilsCapsules or liquidOrganic (for plant sources)Triple distilled (toxin-free) for fish oilIncrease Omegas in Third Trimester of Pregnancy

Arthritis, Athletic Performance, Memory, Immunity

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Your Homework:Try a Food Journal

Check your plate for colourEat foods with out packaging

Fill in your nutrient gaps!