Home
>
Wealth Building
>
Does Money Grow On Trees?

Does Money Grow On Trees?

"Money Doesn't Grow On Trees."

Some of us even believe it. An orchard owner would say the statement is wrong.

His profits grow on trees?

As small business owners we are similar to tree farmers. We plant and nurture trees knowing that they will bear fruit. Some business owners grow trees with the idea of selling them when they start to produce fruit, but most of us build our orchards with the intention of selling the fruit.

In the early stages the trees require much tending. Later as the trees mature, they require less effort and produce more fruit.

How many trees are in your orchard?

My trees are designed to produce a constant stream of fruit with little oversight. This means once I have planted the tree I can move on to the next project.

Here's an example. I write ebooks. These are simple, tightly written reports on specific subjects. People buy them and then download them to read them. Each ebook explains a solution to a problem or a outlines a method to accomplish something.

For example my eBay Consignment book explains consignment sales and includes material on finding consignors. There are also contracts, templates of ads, and inventory sheets. Basically everything is included a reader will need to successfully start an eBay Consignment business.

This simple ebook sells itself. Or rather, there is a small army of affiliates who promote it constantly. It took me thirty hours to write the book and about 20 hours to get the marketing push started. It still sells well and I still harvest the profits.

The eBay Consignment book is just one tree in my orchard. Every six to eight weeks I plant a new tree. Some trees die before bearing fruit, others are stunted and produce weak fruit, and a few trees produce large amounts of fruit.

Years ago I was focused on the big trees. In fact I was so focused on the big trees I would chop down any trees that did not produce spectacular results. I never really got anywhere. I made money, but constantly switched from one project to another abandoning them as I went along.

I never spent the time to nurture and grow my orchard. I actually abandoned projects that were producing thousands of dollars in monthly profits because I wanted something bigger.

Two years ago I saw the error of my ways. I looked back on the things I had dropped and realized that as a group I had a nice collection of income streams. The whole group as an orchard was a good thing to have.

You see, I had the common misperception of entrepreneurs. I suffered from the wage slave lottery mentality. I thought the only way to break out was with a big one. Kind of like the guy working at Wal-Mart. His only chance of getting anywhere is to win the lottery. I wanted the big one. The project with the huge payoff.

Anything less than spectacular was not good enough. My expectations were too high.

This is not how it works. You have to plant your trees - learn your craft, and hone your skills.

Many new businesses fail because owners do not spend the time to nurture them. Years ago, I read a book called Acres Of Diamonds by Russell H. Conwell. It is actually a motivational speech Conwell gave thousands of times.

Anyway, Conwell shares a story about a many who sells his land to go elsewhere and search for diamonds. The man was obsessed with finding diamonds and becoming rich. After traveling for years the man gives up and commits suicide. It turns out the land he had sold to go prospecting was filled with diamonds.

The man spent years looking for something that was right in front of him. Conwell goes on to share stories of people who found immense success right in front of them.

This is not uncommon. Many of us learn to look for success outside of ourselves. When it is standing right in front of us.

I have changed my attitude and now look at myself as an orchardist. I tend my orchard, planting new trees and nurturing the fruitful. As my orchard grows so does my income.

Plant your trees and nurture them.

Terry Gibbs

About The Author

Terry Gibbs is the author of 13 books and writes a free monthly newsletter about creating and selling information products. You can read more about Terry and sign up for his newsletter at: http://www.nalroo.com

one time home cleaning Highland Park ..

In The News:

Privacy risks are hiding in plain sight, as your personal data is likely being collected, tracked, and sold without your knowledge.

VenHub, a fully autonomous, AI-powered smart store just opened at the LAX/Metro Transit Center in Los Angeles.

A woman's Facebook account takeover reveals dangerous social engineering tactics and provides lessons on recovery, avoiding scams and enacting stronger security measures.

Shanghai engineers are using 432 walking robots to relocate a complex, preserving Shikumen architecture while creating space for a modern underground hub and cultural center.

Major healthcare data analytics firm Episource had a cybersecurity incident exposing 5 million patients' medical records and personal information in recent breach.

A new sophisticated PayPal scam sends legitimate-looking emails from official PayPal addresses, using phone numbers instead of links to convince victims to download remote access tools.

Fox News' AI Newsletter brings you the latest on this rapidly evolving technology.

The innovative Kara Pod device extracts moisture from air to create mineral-rich water and brew coffee, featuring UV sterilization and compatibility with Nespresso pods.

Gov. Hochul unveiled New York's nuclear power plant project to power a million homes, which faces permit challenges while promising jobs and a cleaner energy future.

SAFE introduces Aerie, an underground luxury bunker combining high-end living with advanced security, wellness amenities and interactive walls simulating panoramic views.

A Facebook scammer posing as Elon Musk tricked a victim with promises of a Tesla and $250,000, requesting gift cards that become untraceable once the codes are shared.

Experience hands-free golfing with the Robera Neo smart caddie that uses AI to follow you, navigate obstacles and carry your clubs with GPS course mapping.

Cybersecurity alert: 16 billion passwords exposed in massive credential database affecting major platforms. Protect your accounts with password managers

The innovative BeBot robot uses electric power to remove pollution from shorelines, covering 20-30 times more area than manual collection while preserving wildlife.

A new ClickFix campaign targets macOS users with fake Spectrum support sites, tricking victims with CAPTCHA failures to paste commands that install information-stealing malware.

AI-powered autonomous trucks from Plus Automation are being tested across the U.S., Europe and Asia to solve logistics challenges while facing regulatory hurdles and labor concerns.

Your health information might feel private and secure with your doctor, but the reality is far more complicated. Data brokers collect a wide range of sensitive health data, from diagnoses and prescription details to personal identifiers, and sell this data to marketers, insurers, and other third parties.

Kepler Robotics has officially introduced its Forerunner K2 "Bumblebee" humanoid robot at the SAIC-GM automotive plant in Shanghai, marking a significant moment in the real-world deployment of advanced robotics.

Scammers never seem to be running out of new ways to try and get their hands on your money – and lately, they've been getting sophisticated.

Thirty people were injured and killed, though the exact number remains currently unknown, when a suicide bomber blew himself up in a Damascus church.

Unexpected password reset alerts signal potential hacking attempts or phishing scams. Learn how to respond and establish stronger security measures for your accounts.

A historic electric airplane flight landed at JFK with passengers, marking a milestone as Beta Technologies demonstrates the practicality and efficiency of electric air travel.

The Chaos ransomware group breached Optima Tax Relief in a double-extortion attack, stealing sensitive customer case files and corporate documents with personal information.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

The first human brain-computer interface by Paradromics was completed in 20 minutes, featuring microelectrodes to help paralyzed individuals control computers with thoughts.

Does Money Grow On Trees?

Wealth Building