"Money Doesn't Grow On Trees."
Some of us even believe it. An orchard owner would say the statement is wrong.
His profits grow on trees?
As small business owners we are similar to tree farmers. We plant and nurture trees knowing that they will bear fruit. Some business owners grow trees with the idea of selling them when they start to produce fruit, but most of us build our orchards with the intention of selling the fruit.
In the early stages the trees require much tending. Later as the trees mature, they require less effort and produce more fruit.
How many trees are in your orchard?
My trees are designed to produce a constant stream of fruit with little oversight. This means once I have planted the tree I can move on to the next project.
Here's an example. I write ebooks. These are simple, tightly written reports on specific subjects. People buy them and then download them to read them. Each ebook explains a solution to a problem or a outlines a method to accomplish something.
For example my eBay Consignment book explains consignment sales and includes material on finding consignors. There are also contracts, templates of ads, and inventory sheets. Basically everything is included a reader will need to successfully start an eBay Consignment business.
This simple ebook sells itself. Or rather, there is a small army of affiliates who promote it constantly. It took me thirty hours to write the book and about 20 hours to get the marketing push started. It still sells well and I still harvest the profits.
The eBay Consignment book is just one tree in my orchard. Every six to eight weeks I plant a new tree. Some trees die before bearing fruit, others are stunted and produce weak fruit, and a few trees produce large amounts of fruit.
Years ago I was focused on the big trees. In fact I was so focused on the big trees I would chop down any trees that did not produce spectacular results. I never really got anywhere. I made money, but constantly switched from one project to another abandoning them as I went along.
I never spent the time to nurture and grow my orchard. I actually abandoned projects that were producing thousands of dollars in monthly profits because I wanted something bigger.
Two years ago I saw the error of my ways. I looked back on the things I had dropped and realized that as a group I had a nice collection of income streams. The whole group as an orchard was a good thing to have.
You see, I had the common misperception of entrepreneurs. I suffered from the wage slave lottery mentality. I thought the only way to break out was with a big one. Kind of like the guy working at Wal-Mart. His only chance of getting anywhere is to win the lottery. I wanted the big one. The project with the huge payoff.
Anything less than spectacular was not good enough. My expectations were too high.
This is not how it works. You have to plant your trees - learn your craft, and hone your skills.
Many new businesses fail because owners do not spend the time to nurture them. Years ago, I read a book called Acres Of Diamonds by Russell H. Conwell. It is actually a motivational speech Conwell gave thousands of times.
Anyway, Conwell shares a story about a many who sells his land to go elsewhere and search for diamonds. The man was obsessed with finding diamonds and becoming rich. After traveling for years the man gives up and commits suicide. It turns out the land he had sold to go prospecting was filled with diamonds.
The man spent years looking for something that was right in front of him. Conwell goes on to share stories of people who found immense success right in front of them.
This is not uncommon. Many of us learn to look for success outside of ourselves. When it is standing right in front of us.
I have changed my attitude and now look at myself as an orchardist. I tend my orchard, planting new trees and nurturing the fruitful. As my orchard grows so does my income.
Plant your trees and nurture them.
Terry Gibbs
About The Author
Terry Gibbs is the author of 13 books and writes a free monthly newsletter about creating and selling information products. You can read more about Terry and sign up for his newsletter at: http://www.nalroo.com
|
|
|
|
|
|
|
|
|
|
|


I recently came across startling figures about the average American's... Read More
The cashflow board games, Cashflow 101, Cashflow 202, and Cashflow... Read More
Many of us do not consider the underlying belief system... Read More
Have you seen a picture of the Parthenon in Athens,... Read More
Author: James Walsh ISBN: 1563431696: Publisher: Silver Lake PublishingIn... Read More
The idle are a peculiar kind of dead that cannot... Read More
In theory the idea of generating additional (and passive) business... Read More
Six out of six people who were asked to list... Read More
What does becoming rich mean to you? Is it early... Read More
There are many of us who are working on our... Read More
I counsel a LOT of people about money. I see... Read More
It's no secret that the market goes UP...the market, goes... Read More
In light of the dominant mindset overshadowing the market these... Read More
Financial planning at an early age may seem complicated, however... Read More
We talked recently about the wealth formula:Spend less than you... Read More
Building wealth is as simple as saving a little bit... Read More
OK, this article will start with the cheapest piece of... Read More
Despite what you may have read or heard, anyone is... Read More
Almost all of us go to work everyday and do... Read More
When Building Wealth by Russ Whitney was released a few... Read More
Let's begin easing you out of the pits. I mean,... Read More
When I look around at all of my friends, and... Read More
Most accountants, financial planners and wealth-building experts agree that there... Read More
I have a good friend who works in an area... Read More
I have given many prosperity lectures over the years and,... Read More
Parents must give serious thought to protecting their family through... Read More
No matter how tight things are financially for you; no... Read More
Masters degree not required...just a little common sense, a $5.00... Read More
Whenever we read about building wealth or even attend a... Read More
I want to share an experience I had in common... Read More
From tender age, we were exposed to myths about money... Read More
Feng shui coins can allow you, among other things, to... Read More
It all begins with a simple calculation.You are home on... Read More


Steve Martin once delivered an opening monologue for Saturday Night... Read More
It's no secret that the market goes UP...the market, goes... Read More
Ever think about how eating all those fast food meals... Read More
In most societies, we are raised to believe in the... Read More
Whether an established conglomerate or a fledgling company, a business... Read More
It's the beginning of a brand new year: a time... Read More
The four main steps in building a wealth cycle foundation... Read More
There are few things in life that are more stressful... Read More
Saving money for retirement can be easy or difficult depending... Read More
When I was a student in London, I had a... Read More
Have you ever asked yourself what your highest income producing... Read More
Early in my legal career I represented two young women... Read More
Financial planning often gets a bad rap. Part of the... Read More
One very important wealth creating habit is to set up... Read More
The inability to come up with the necessary cash when... Read More
Author: James Walsh ISBN: 1563431696: Publisher: Silver Lake PublishingIn... Read More
"The quickest way to wealthThat I've found to be true;Is... Read More
OK, this article will start with the cheapest piece of... Read More
Now is a great time to make it a habit... Read More
As many people have observed, "Success leaves clues." If you... Read More
What is the difference between wealthy people and poor (even... Read More
At any time in history, no matter what the current... Read More
When you purchased your home, you most likely got a... Read More
Some people in this world are thinking that their poor... Read More
Everyone wants to be wealthy, but most of us do... Read More
The idle are a peculiar kind of dead that cannot... Read More
My First Million took me exactly 27 months to achieve.... Read More
Is accumulating wealth as easy as following a 3-step plan?... Read More
1. Save up to 50% per month on convenience cleaner... Read More
Many people assume that the offshore world is accessible only... Read More
Paper burns and large companies can go bankrupt, but if... Read More
The word 'diversity' is a unique one. It can represent... Read More
They are the object of thinly disguised envy. They are... Read More
Wealth Building |