Action Wealth System
How to Be the Best You Can Be, Create Multiple Streams of Income, & Make your Money Work for You
GEOFFREY SEMAGANDA
Founder, Action Wealth Academy
Copyright 2014 by Geoffrey Semaganda
All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by an information storage and retrieval system without permission in writing from the copyright owner.
This book is published by:
ActionWealthPublishing.com
Printed and bound in the United Kingdom.
Although the author and publisher have made every effort to ensure the accuracy and completeness of information contained in this book, we assume no responsibility for errors, inaccuracies, omissions, or any inconsistency herein. Any slights on people, places, or organisations are unintentional.
ISBN-13: 978-1497302402
ISBN-10: 1497302404
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Editing, interior, design, and preparation for publishing by ActionWealthPublishing .Com
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Dedication
This book is dedicated to my father who prepared me to become a man from the age of five, and even though we parted so early, I was ready to take care of myself from the age of 12 and become the person I am today. Love you, Dad, and thank you (RIP). And to my motherthank you for always believing in me.
To my Africa family who gave me the licence to go out and discover a new world, as well as the freedom to keep trying different business ideas for so many years.
To all my friends who have dared to try something new and who have shown the courage to be different. To the child I once was, and to every adult I see who plays with ideas in a child-like spirit.
To my two beautiful daughters, Jonell Semaganda and Tamiya Semaganda, for inspiring me to write all of my books and make the world a better place for you: I love you very much.
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For free personal and business development training programs visit www.actionwealthacademy.com
TABLE OF CONTENTS
INTRODUCTION XIII PART I: SELF-MASTERY 1
CHAPTER 1: DISCOVERING WHO YOU ARE 2
D EFINING S ELF 3
B LURRED I DENTITY 4
W E A RE N OT T HINGS 6
Y OU A RE THE CEO (C HIEF E XECUTIVE O FFICER ) 7 S ELECTING Y OUR C ALLING 9
T AKING C HANCES 10
T HE I MPORTANCE OF C HARACTER 13
W ATCH Y OUR E NVIRONMENT 16
C OURAGE AND D ETERMINED E FFORT 20
S EEKING S UCCESS 25
CHAPTER 2: DEFINING MY REASONS
C REATE A L IFE R OADMAP 27 T AKE A CTION 28 I K NEW M Y C ALLING 31 M AKE THE M OST OF A VAILABLE O PPORTUNITIES 33 A DDED V ALUE 34 F OLLOWING O PPORTUNITIES 37 S TOP AND E VALUATE 39 S ELF E VALUATION E XERCISE : W HERE A RE YOU N OW ?41
CHAPTER 3: KNOW WHAT YOU WANT 48 F EELING V ICTIMIZED 48
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v I DENTIFY W HAT Y OU D ON T W ANT 49
D O M ORE T HAN IS R EQUIRED 51
L EARN M ORE T HAN IS R EQUIRED 52
S UCCESS I S S ELDOM A CCIDENTAL 54
CHAPTER 4: INVEST IN YOURSELF 57
F EELING P OWERLESS 57
L EARNED B EHAVIOR C AN B E U NLEARNED 58 G O A S F AR A S P OSSIBLE 59
S EE Y OURSELF AS A W INNER 61
T HE V ALUE OF C ORRECT H ABITS 65
E DUCATION A S D ISTINGUISHED F ROM L EARNING 69
M ENTAL H EALTH 74
F EED Y OUR M IND 76
G ROW A T HINKING M IND 78
CHAPTER 5: OUTWARD IMPRESSION 86
P HYSICAL H EALTH 86 S TRESS AND A NXIETY 89 P RESENTATION : L OOK S UCCESSFUL ; A CT S UCCESSFUL 93
T HINK L IKE A L EADER ; A CT L IKE A L EADER ; B E A L EADER
98
CHAPTER 6: REACH OUT TO OTHERS 102
K INDNESS C AN G O V IRAL 102
K INDNESS AS A S IGN OF W EAKNESS ? 103 C ONSUMED BY A LL THE T AKERS 104
V OLUNTEER Y OUR T IME 107
M ONETARY G IVING 110
T EACH Y OUR C HILDREN ABOUT M ONEY 111
N EVER T OO L ATE 112
For free personal and business development training programs visit www.actionwealthacademy.com CHAPTER 7: LEARN FROM OTHERS 113
L EARN F ROM THE B EST 113 T HE I MPORTANCE OF A SSOCIATION 117 C HARACTER AND L EADERSHIP E XERCISE 122 F IND F IVE P EOPLE : T HREE L OCAL AND T WO
I NTERNATIONAL 123
B E O PEN TO N EW C ONCEPTS AND N EW I DEAS 125 A SK L OTS OF Q UESTIONS 127
PART II: BUSINESS MASTERY 133 CHAPTER 8: YOU ARE A BUSINESS 134
B ECOME K NOWLEDGEABLE ABOUT B USINESS 134 L EARN N EW S KILLS 137 U NDERSTAND W HAT M AKES A B USINESS 138 B USINESS S HOULD G IVE YOU L IFE N OT T AKE THE L IFE
YOU H AVE 139
R EASONS W HY N OT T O P UT A LL E GGS IN O NE B ASKET 140
T HE E XAMPLE OF R ICHARD B RANSON 141
A CCELERATE THE P ROCESS 142
CHAPTER 9: MAKING MONEY WITH
INFORMATION PRODUCTS 144
T HE I NFORMATION A GE 144
B OOKS & E-B OOKS 145
A UDIO B OOKS 149
S PECIAL R EPORT 150
P OWER P OINT P RESENTATION 151 W EBINARS 152
O NE -D AY W ORKSHOPS 153
A UDIO , DVD S AND H OME -S TUDY C OURSES 155 C ONSULTING , C OACHING , G ROUP -M ENTORING 156
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vii L ICENSING 157
A FFILIATES /J OINT V ENTURES 158
S PONSORSHIPS 160
A L EVEL P LAYING F IELD 163
M ARKET YOUR O WN P RODUCT 168
CPA (C OST P ER A CTION ) 180 D IFFERENCE B ETWEEN CPA AND A FFILIATE M ARKETING
180
M EDIA B UYS 184 S UMMARY 185
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CHAPTER 11: MAKING MONEY WITH BUSINESS SYSTEMS 187
S YSTEMS A LL A ROUND U S 188
F IND THE T IME B ANDITS 190
W ORK L ESS , A CCOMPLISH M ORE 193
D ESIGN YOUR L IFE /B USINESS S YSTEM 195 A T URNKEY B USINESS U SES S YSTEMS 196
CHAPTER 12: MAKING MONEY WITH REAL
ESTATE 200
L EVERAGE I S THE K EY TO S UCCESS 204 L EVERAGE WITH O WNER F INANCE 206 W E D ON T M AKE L AND 207 S ET A R EAL E STATE G OAL 208 C REATE A S TRATEGY 211 R EAD L OCAL N EWS 215
S HORT -T ERM VS . L ONG - TERM I NVESTMENT 216 T REAT T HIS AS A B USINESS 218 F IND A R EAL E STATE M ENTOR 220 D O Y OUR H OMEWORK 221 K NOW Y OUR A TTITUDE TO R ISK 222 D EVELOP A W INNER S A TTITUDE 223 A NYONE C AN P URCHASE P ROPERTY 224
CHAPTER 13: GROWING WEALTH AS AN
INVESTOR 226
I NVESTING IS FOR E VERYONE AND A NYONE 226
E DUCATE Y OURSELF 227
T EACH Y OUR C HILDREN 229
H AVE A V ISION TO T AKE Y OUR C OMPANY TO THE S TOCK E XCHANGE 231
For free personal and business development training programs visit www.actionwealthacademy.com PART III: FINANCIAL MASTERY 234
CHAPTER 14: ASSET & PERSONAL PROTECTION
238
B ETTER TO BE S AFE THAN S ORRY 238 C REATING B USINESS C REDIT 240 U SING A L IVING T RUST 242
I NSURANCE 246
Life Insurance: 247
Disability Insurance 247