How Can You Profit From Outside the Box Ideas?
Entrepreneurs are a special breed of people who produce outside the box ideas. They’re different, and they think differently.
Steve Jobs did not start out with the iPhone 7. He started with an idea, and then he improved on it step by step. Improvement for the entrepreneur means failing forward, so nothing is going to be perfect when you start.
If the ideas you have are outside the box, certainly keep trying because you’ll get one someday that will really work.
The challenge for most people is getting started. Then once they start, they have trouble continuing because others won’t accept their outside the box ideas.
Your outside the box ideas are fine and worth trying, and if an idea fails, so what? Just fail forward.
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Solving Problems with Outside the Box Ideas
Entrepreneurs solve problems, and if they solve a problem, someone will pay them to do that. You’re outside the box ideas are not going to work or make any money unless you offer a problem-solving product.
Elon Musk came out with the Tesla car. He figured that the environment would benefit, and he would benefit by making a lot of money doing that. Was that widely accepted at first? No, but now the rest is history and he’s a multi-billionaire.
Continue forward with your outside the box ideas, but think about making problem-solving products. If you can do that, people will buy them and you’ll make money.
What Is an Out of Box Approach? Failing Forward
Don’t get your feelings hurt if people don’t like or criticize your outside the box ideas, that’s part of the ball game. Just keep right on going. If you try the first time and it doesn’t work, keep right on trying.
You are a change agent if you’re thinking outside the box. Everyone else will be watching what you’re doing, and they’re going to critique you. Keep looking forward, and focus on success.
If you make excuses, it’s not going to do you any good. When you do something that doesn’t work, then you did something that didn’t work and now you’re one step closer to something that does work.
Failing happens all the time to entrepreneurs. You Just need to fail forward. Focus on innovation and not doing what the average person does.
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What Is an Outside of the Box Personality Like?
Chet Holmes wrote The Ultimate Sales Machine, and he used the word pig-headed many times throughout his book. He took the word pig-headed and then put other words behind it.
He’d say pig-headed determination, pig-headed concentration, and pig-headed focus. That has to be you if you’re an entrepreneur.
The important thing to know is that Chet Holmes used the word pig-headed to make the point that you’re going to have to be stubborn to be successful.
Be stubborn; be pig-headed, and keep working towards success.
Can you make a six-figure income as an entrepreneur? Of course, you can. You can go much higher than that. How do you do it? Just keep coming up with those outside the box ideas.
How I Profited From Thinking Outside the Box in Business
Now I’m going to explain something I did that was outside the box. Everybody disagreed with it, but sure enough, it became a multi-million dollar business.
Today people are making $25,000, $50,000, and even $100,000 just following the steps that I created.
30-years ago, I discovered a little-known business that was quite lucrative. It’s been around for over 200 years, and it’s available in all 3,000+ counties in the United States.
This business is a subset of the traditional real estate business, and it always works. What is it? It’s tax delinquent real estate investing. I’ll give you some background information.
Outside the Box Real Estate Investing
If you own property, you must pay property tax. Since defaulted property owners haven’t paid the tax, the county treasurer is going to confiscate those properties and resell them for pennies on the dollar of the tax assessed value.
Why do that? Because the tax revenue is needed to maintain infrastructure and pay the police department, fire department and county employees. So the county has to collect property taxes to pay the bills.
The treasurer will seize and auction a tax defaulted property and sell it for five or ten cents on the dollar. Additionally, the treasurer deletes the mortgage or the deed of trust loan.
I know that sounds pretty amazing, but this has been going on for over 200 years. These auction properties are available, and it’s announced in the local newspaper.
When I discovered this business, I never looked back. The objective is to buy these properties at a low price then sell them below the competitive market value.
There will be over 5,000 auctions this year in over 3,000 counties, Many of those counties will have an auction every single month. You can attend those auctions. Why wouldn’t you?
We hope you enjoyed Ted’s lesson on outside the box ideas. It’s outside the box ideas that change the world and generate wealth.
Ted Thomas is no stranger to outside the box ideas. Over 30-years ago, Ted discovered a little-known, outside the box business in the alternative real estate market that’s he’s been teaching for over 25 years, and it’s made hundreds of his students into successful entrepreneurs.
If you’d like to know more about alternative real estate investing, Ted Thomas provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops, web classes, and personal coaching with certified coaches.
You can learn how to reap the huge rewards from tax lien and tax defaulted property investing! Get started today by taking advantage of Ted’s Free Master Class! Act now, it costs you nothing and will give you a big head start!