The Course in Mastery Day 28: Evaluating Opportunities

Evaluating Opportunities: Day 28 of a 30 day challenge designed to help you gain balance in your life. Tom Wood and Jim Britt teach you specific strategies on evaluating financial opportunities as they present themselves throughout your life.

Tom Wood:

1. How to get ready?
1.1 What do you want?
Stop thinking that you need to find something that makes money, you can make money in anything. What you need to find is what you love to do.
1.2 How much time do I have?
You can start part-time or full-time but not sometime.
1.3 How much money do I have?
Don't start a $50,000 business if you only have $500.

2. Is this a good opportunity?
2.1 Is there residual income?
Will you be eventually able to walk away?
2.2 Has it been in business for a year?
The key in oportunities is timing.
2.3 Do you love it?
Find your passion
2.4 Does the business matter?
No business survives if it does not make a difference.

Jim Britt: http://www.jimbritt.com/about.htm
Vision becomes reality

Vision
1. Think of what you want?
2. Why do I want it?
3. Clarify why I want it?
4. Feeling is like a magnet that attracts

Reality
1. 2 emotions: Love and fear
2. Which do you honor the most, your stuff or your vision?