11. If your Guru, Coach or Mentor provides material for you, be sure you understand where and how it can be used in your business. Get it in writing. Don't depend upon verbal representations as to its use. You want to be sure that any material, particularly contracts, can be used in all facets of your business. If material can't be used in all facets, what are restrictions? Can you live with them? How this material can be used, may well influence what you are willing to pay. If you can, try to arrange to examine material included before you make a final decision. You want to avoid material that is more fluff than substance.

Understand, most Gurus, Coaches or Mentors will not mail this material to you first.

Unfortunately, there are too many individuals who would take and copy this material with no expectation of ever working with someone. If you don't live in geographic proximity to person you are considering, they should at least be able to provide you with a very detailed Table of Contents and Sub-Headings for their material. If they are not willing to do that, Pass.

12. Does your Guru, Coach or Mentor give you realistic suggestions to help you, or are they unfeasible given your situation. In other words, are suggestions given within your financial means to carry out. Will they have an impact on your bottom line within a reasonable time frame? Do you have technical expertise to carry out suggestions? Or, do you get feeling that everyone your Guru, Coach or Mentor works with receives same suggestions.

Remember, he/she is there to help support, guide and nurture you. Any suggestions given should have those principles in mind.

13. If suggestions are made, be sure to get specifics. Don't accept generalities. If a suggestion is made to write a book, do a tape set, give a seminar, etc., be sure your Guru, Coach or Mentor gives you details as to how to do it, if you've never done something like this.

He/she should be able to give you a step-by-step plan of action to implement these suggestions.

If they can't or won't, this is red flag. After all, you are paying for their expertise, be sure you receive it.

14. Be careful about references. No one in business is going to give you name and telephone number of someone who is dissatisfied with their service as a reference. So understand that any references you receive are going to be positive ones.

In fact, I’d go so far as to say that not only will any references be positive, they’ll be glowing. Why, every business has some customers who believe business can do no wrong.

Therefore when you ask for references, any names you’re given will come from this pool.

Rather than references, look to see if guru, coach or mentor offers type of programs where you pay an amount up front (which is reasonable to cover initial time with you and materials you receive) and balance as you succeed. In other words, guru, coach, or mentor covers some expenses up front, but gets paid balance of his/her fee as you do transactions.

Or, does guru, coach or mentor have a program where you pay an initial fee and balance at end of time period, if and only if, you are satisfied with help you received.

In both of these types of programs, guru, coach or mentor is demonstrating his/her confidence in their ability to help you. In other words, they are putting their money where their mouths are.

In this type of program, guru, coach, or mentor has a real vested interest in your success, not just lip service to your success. If you don’t succeed, he/she doesn’t get paid.

I would be much more confident in this type of program and guru, coach or mentor then in one who only offers suspect references.

15. Most Gurus, Coaches and Mentors will look to sign you up for one to two years, or longer.

One thing most will not tell you, is that they expect that your calls will diminish over first few months. Therefore, you may be paying for service that you will not need in long run. Avoid long term contracts if at all possible. It may be better to pay as you go if you can. The extra money you save may be better spent on your business.

We hope these guidelines will help you in choosing someone to work with if you decide that is best way for you to accomplish your goals. The bottom line, be very careful before committing yourself to a long term relationship. A good one can greatly accelerate your learning; a bad experience can set you back years, and possibly even kill your dreams.

We wish you best.

Copyright 2004, DeFiore Enterprises

With next strategy, straight assignment, you contract for property and assign or sell that contract to a tenant/buyer. This does not require seller's approval. In straight assignment you make your money in assigning contract to a tenant/buyer. Remember too, you can sell a straight assignment to an investor.

The pure option. The pure option on a property allows you to purchase home at a future date. The terms also are set. You can take pure option and sell it to another investor. Again you want to negotiate good terms for yourself, so you can make money when you flip this to an investor. This is a very fast way to generate cash flow.

There are other strategies available to Lease Purchase consultant, such as cash or cash equivalent strategy, note creation and of course, our favorite, consulting. We'll cover these in a future article.

The niche of Lease Purchasing grants you ability to reach your financial freedom, with O.P.P., Other Peoples Property. All it takes is desire to succeed, some time investment on your part and some specialized knowledge.

What are benefits to business owner?

* Little start-up capital needed. * Little or no credit needed. * Wonderful cash flow can be generated immediately. * Excellent and realistic first year income can be achieved. * Business can be started simply, no major equipment to buy. * Business can be operated full time, part time or in your spare time. * Best of all, business can be operated from your own home office

As you can see, Lease Purchasing comes very close to being Perfect Home-Based Business. A realistic first year income is $50,000 to $75,000 for someone working full time. You can add $20,000 to $30,000 to your present income on a part time basis.

Don't you think you owe it to yourself to explore potential of O.P.P.?

What are you waiting for?

Copyright DeFiore Enterprises 2000