Little did I know that reading other entrepreneurs’ blogs would be so englightening. It is true that you become the combined average of the five people you associate with the most. So if you want to become a bum, associate with five bums, I’m telling you the bums will tell you everything on how they came to be. But if you want to be successfull associate with five successful people. I’m not going to go into exactly why this works, it’s covered in my book, which isn’t published but just take it as its mostly true. You are affected by the people around you.

Regardless, reading other entrepreneur’s blogs on the internet has been incredible insightful to what is going on. It is a community of success driven people and you can start to read, and understand their philosophies for buidling wealth. A great way to learn from people who are doing something. JonWaraas.com, is a 19 year old entrepreneur who makes some where around 20-30k/month I presume, while JohnChow.com, is another webprereneur that knows all the new trends and posts them on his site. Regardless, the blogs is an incredible resource to learn about entrepreneurship to whats going on. Lastly, this other guy has a blog about how he is going to make a million dollars in 90 days, another has a guy with 1.8 million dollar in debt from investing into 8 houses with no money down.

Check it out, explore the blogs, they are very very exciting and interesting to read other peoples’ stories.  All sorts of stuff very enlightening if you want to learn about anything from personal experiences, and funny enough they all have link circles so it is easy to view just about everyone.  They all know eachother.

Here are my goals for the next three years, which I will accomplish. It’s so powerful to have your goals infront of you everyday, it keeps people focused, and leads individual’s towards their destinys. But instead of just saying my goals, I say, “Im So Happy and Grateful Now That,” because in my mind I’m visualizing it in the present tense and it’s so much more powerful.

• I’m earning $100,000 a year on January 1st, 2009 from several websites that generate money from advertising. I’m also earning passive income from my four plexs, that I own under my corporation with tax write offs.
• RotaryEngineIllustrated.com is making $100 a day on January 1st, 2008, from Google Adsense. The drop shipping business is completely setup earning a passive residual income stream. There are 3 people working full time on the site receiving checks by my corporation.
• I’m mentoring three students and helping them achieve their goals. I also have a mentor for real estate investing, entrepreneurship, and a general mentor.
• I attend every personal development seminar that I’m able to attend to. I’m reading everyday, studying wealth, relationships, health, real estate, entrepreneurship, and the lives of successful people.
• I’m living in the Silicon Valley in 2008-2009, and enrolled in a University studying entrepreneurship.
• I’m the owner of a four-plex investment property, which produces a positive cash flow and great appreciation in 2008.
• I’m traveling throughout China, visiting the Great Wall, my Chinese grandparent’s birth place, then traveling to Japan, Korea, Mongolia, and learning from other cultures.
• The Real Estate Club has 50 dedicated people that attend weekly during the winter 2007 school term.

I’ve been debating whether or not it would be worthwhile to program my new web 2.0 project myself, or have someone else do it for an equity share. I’m closing the idea to having another program it for a one-time fee because it will result in me having to re-program someone else’s work in the future. Here is what I came up with.

Why wouldn’t I?

The only reason I wouldn’t program myself is:

1. I did know how
2. I was to busy
3. I felt my time could be spent on other areas of the business more productively
4. There was to much work

Why Should I?

Well after reviewing the reasons why I wouldn’t, I can do all those in the above list just fine.  It just takes work, will take alot of time finish it, and then after the website is complete bringing in residuals then I will outsource the programming once I can pay out.  I’d almost be lazy to not program it, is what it looks like now.

Disadvantages of Programming Myself

1. Uses my own time
2. I have to learn new languages
3. Everything will rely on me
4. I will be able to spend less time promoting
5. Venture Capitals would not invest in my projects if I was solo

Advantages of Programming Myself

1. Know the system thoroughly
2. Easier to edit, update, and change functionality on the website
3. Able to own the site 100%
4. I know exactly what is going on in the code
5. I’m able to hire programmers more efficiently.
6. I would learn valuable skills to create more sites.
7. I would not have to rely on other people.
8. I would not have to share the company with other people
9. Keeps the intellectual property safe

Conclusion

It makes sense for me to program my own websites, it puts me in control, I determine how stuff works, and I own 100% of the company. I have already 6 years of programming experience; once the site was fully operated it would not need any much more programming. At that point anyways, when the job was getting to big I would be able to hire programmers’ full time to work on the site in any respect. Thus, I will program my own site and close it off to 3^rd parties programming my websites for me.

To whomever is reading this,
I’ve created this blog because I felt that it could provide some useful information to those who were interesting in seeing what I was up to.  This also creates a viable medium for me to share some useful information and post it on the internet.  I see it as being a great way to follow my progress in achieving some goals that are always in my head.  It will serve as a reminder to me, and everyone else for how much potential we have.  And a place for me to write my thoughts down, I once heard it is good to write thoughts down because it lets you remove them from your mind and open the mind to new ideas.