The low capital outlay, and low startup costs make it easy for The Home Based Business Entrepeneurs to start up an online business. But road is littered with their Failures. It can be avoided.

Don't let little things rob you of Great Opportunities in Life. Time is only common denominator between rich, middle-class and poor. In other words, only thing rich and poor share is that they both have 24 hours a day.

It's how we make use of our time that will determine how far we go towards achieving our Financial Dreams. If you are draining away your financial resources and keep falling into trap of working too many projects at same time, chances are you will simply spend your way (like me) both in time and money into bankruptcy. There are many more affiliates promoting Get Very Rich Very Quickly Packages than there are people getting rich.

Most Newbies get discouraged very quickly with their current business venture and drop it because they could not achieve quick get rich very quick results. They give themselves a set time limit for their Great Business to work, and then quit to get into next Great business venture. This is Great Beginnings Loop, a common Home Business Strategy for most online newbies.

Actually this is a Powerful Strategy for Total Home Business Failure. It can be worse, if you keep on doing this, in a short time you will actually develop habit of jumping from one business opportunity to other without ever achieving Financial Success. This is infamous Continuous Loop of Pure Activity (makes you feel like you’re doing something) and predictable Failure.

After reading first 3 books of Rich-Dad I constantly looked for an easy method to implement techniques and building profits from this knowledge.

As expressed in Rich-Dad books there are 3 main aspect to build you own portfolio and build a financial independency:

A. Real-Estate B. Internet C. Business and Business development

A. Real-Estate

Starting with first technique I immediately purchased a 2nd two room apartment on central location at attractive price of $75k while 90% been financed by bank (mortgage) average income of this apartment reach $400 per month.

3 months later I've purchased my 3rd apartment for $102k again at 90% financing and average of $550 return from renters.

Although both of my new apartments consider being an attractive investment, my cash flow was hardly changed as 20 years mortgages are almost identical to rental fees.

Real-Estate is a good long-term investment, however due to complications, cost and time of liquidation; one must use in parallel other techniques to reach a full financial independency.

Note: Today I own 5 apartments, and plan to reach 10 before age of 30.

B. Internet

Internet huge potential for mass markets is a great media that can be used by independent individual utilizing easy tools already exist on market.

One must remember that internet is a media; to its potential you should have following factors:

1. Products or Services 2. Attractive site with selling capabilities 3. Cost effective marketing techniques