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| New Releases: International Bestseller The Baron Son continues to change lives around the world with the latest releases in Polish, Portuguese, Russian, and Korean. Discover the business and wealth-building secrets of the world's most successful people. |
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#1 Wealth Coach (Google.com, AOL.com, Ask.com) #1 Entrepreneurship Training Workshop for Women (Google.com) #1 Business Motivational Speaker (Ranking.com) 2009 Best Business Advice Site (Black Web Awards) 2008-2009 Best Wealth-Building Site (Black Web Awards) 2008-2010 Best Author (Black Web Awards) 2007-2010 Best Speaker and Lecturer (Black Web Awards) 2007-2008 World Web Award of Excellence (Art Space 2000)
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THE BARON INSIGHT
BARON Wealth Principle #1:
Structure Your Income the Right Way
William R. Patterson Wealth Coach Best-selling Author
Dear Baron Subscriber,
Over the next few BARON newsletters, I'll be sharing with you five powerful wealth building principles and seven millionaire success habits to help
you significantly increase your income, create more free time, and enable you to
thrive in any economic environment. Realize with every financial decision, you are either building your pyramid of financial independence or your prison of financial struggle filled with overloaded workdays. To build sustainable wealth in a way that gives you more free time, it is important to structure your wealth the right way. Not All Income is Created Equal
Earned Income Vs.
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Passive & Residual Income
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What type of income are you working for? Most people can not get ahead because they are working too hard for earned income. Earned Income - Income from a Job or Being "Self-Employed"-
Trades your time for money
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Depends on your physical labor
- Is taxed at higher rates
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Takes more of your time to sustain
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Provides you with no leverage
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Leaves you with no income when you stop
working and poorer in retirement
Residual and Passive Income- Leverages your time - Allows you to do
something once and receive a recurring income stream
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Provides a repeatable process for building
wealth
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Is taxed at lower rates
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Provides you with more freedom
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Provides you with income whether you
physically work or not
- Enables you to own your time instead of
having to work a job or struggle as solo entrepreneur
- Allows you to retire years or even decades
earlier
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Makes your wealth grow in retirement
| BARON Wealth and Business Success Actions:
Action 1:
Quantify - What percentage of your income is currently
derived from passive and residual sources?
Ideal Target: 60% of your income or enough to
cover all living expenses, whichever is greater, should come from passive and residual sources.
Action 2: Qualify and Diversify - How many sources of
passive and residual income do you currently have?
Ideal
Target: At least five sources.
Action 3: Assess Your Past Progress - Over the last 3-5
years, how much have your sources of passive and residual income grown? What
are some ways that you could accelerate this process?
Ideal Target: 10-25% growth per year.
Action 4: Create an Effective Plan & System of Accountability - What
is your plan for generating more passive and residual income faster? Do you
have someone to help you and hold you accountable to your plan?
Ideal Solution: Create an effective team of advisors and strategic partners to help you implement an accelerated
wealth-building plan for creating passive and residual income streams and to hold
you accountable for achieving your goals in the most expedient manner.
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In all you do, continued success!
P.S. You also have my full permission to forward this newsletter on to people that you think may benefit from the resources and information.
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Interview of the Week with "The Baron"
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| Radio Interview Replay: Developing the Mind of a Winner
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William R. Patterson appears on Respect for Life
with Leroy Baylor to discuss developing the mind of a winner. He
reveals insights from personal experience and over a decade of research
on the psychology, strategies, tools, and resources needed to produce
millionaires, high-level executives, professional athletes, and top
performing students. William
shares how you can use the renowned BARON coaching model to leverage
industry best-practices, turnkey solutions, and value-added resources
to train yourself and others to achieve the heights of success.
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Business Article of the Week
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William R. Patterson Receives Second Nomination for Top 100 MBE Award
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"We are just glad to be able to help people. We work so hard at what we do, because of our passion to help people transform their lives." - William R. Patterson
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The Baron Solution Group is operating in one of the most difficult economic environments in over fifty years. Yet Patterson and his team have been able to increase the revenues of clients twenty percent on average-and in some instances, double revenues in less than one year. Patterson achieves these results by applying the firm's proprietary method, which includes over 250 business and financial accelerators. By helping clients scale their businesses, Patterson has also positioned them to raise millions of dollars in private equity funding.
Black Enterprise praised Patterson's work, calling it "a compelling way to reveal how wealth-building strategies apply to everyday living." Patterson has also received endorsements from notable business leaders such as billionaire Founder of Black Entertainment Television, Bob Johnson, management expert, Tom Peters, and Chief Marketing Officer of The Nasdaq Stock Market, Inc., John L. Jacobs.
Awards and Recognition
- Honored as an international best-selling author, business and wealth coach
- Featured on the Forbes Book Club notable list
- Won five 2009 Web awards for excellence including Best Speaker and Lecturer; Best Male Author; Best Business Advice Site and Best Wealth-Building Site
Ranked as #1 Wealth Coach by Google.com and AOL.com Ranked as #1 Business Motivational Speaker by Ranking.com
Media and Business Expertise
Teaches business and financial strategies to over 50 million people
world-wide through television, radio, print, online media, and live
events Featured as a guest on over 1,000 television and radio programs
- Trains CEOs and high-level executives of billion-dollar corporations
- Trains thousands of global entrepreneurs and investors using THE BARON SOLUTION™ Strategies for Wealth and Business Success
- Financial expert for CBS and SiriusXM Radio
Major Publications, Training Programs, and Related Accomplishments
- Developed over 150 financial and business training programs, products, and services
- Has written over 250 financial and business articles
- Pioneered THE BARON SOLUTION™ Four- and Five-Portfolio Approaches to Building Wealth
- Has financial books translated around the world in various languages including Russian, Korean, Polish, and Portuguese
William R. Patterson was honored during the Founder's Day celebration for Sigma Gamma Rho Sorority, Incorporated for his work teaching financial skills to students in urban schools and teen mothers. "We have made great strides in improving the success rates of small businesses, but we are also committed to youth programs and community service," Patterson says. He conducts The Baron Solution national youth workshop series to help children develop financial and business skills that are not taught in schools. He also developed a personal finance and entrepreneurship curriculum for K-16 students.
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Build Your Million-Dollar Business Four Times Faster with BARON Wealth Coaching
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There is a better and faster way to reach your financial and business goals.
"With William as my wealth coach, in less than 16 months, I have generated more than $70,000 and developed the skills and confidence to realize greatness."
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- N. Kali Mincy
Editor
Washington, DC
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"With William's help, my television show, The Urban Wall Street Project, is now airing on major networks in eighteen countries with exposure to over 20 million households. My segments are also being featured on the homepage of websites with over a million hits a month. I can't say enough about the benefits of William's advice and the BARON Wealth Coaching Program. I thoroughly researched other coaching programs and nothing comes close to the value or return on investment."
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- Earl Christian III
Chief Executive Officer
Urban Wall Street, Inc.
New York, NY
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"William helped me finalize a deal with a production company to co-host a new television show spotlighting
entrepreneurs. Many of the ideas I pitched were possible because of William's guidance and The Baron Solution™ business model. In the first session
alone, the advice he gave me landed me a spot on a series of conference calls for financial advisors with a major seminar marketing firm as well as helped
me become a featured speaker on an upcoming cruise. He always goes above and beyond. William is a great mentor and friend!" |
- Jim Bouchard
America's Black Belt Powervator!
Speaker, Coach and Author of Dynamic Components of Personal Power
JimBouchard.org
Brunswick, Maine
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"With the things William shared, we'll be able to sell more with our new CD in a few
months than we've sold with all of our other CDs over the last 7-8 years. He delivers outstanding value through the
coaching program and audio training. They are rich with relevant information, and William is a man of unbelievable insight." |
- Sean Isaacs
Chief Executive Officer
Isaacs Marketing Group LLC
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"Thanks to William, I have been able to launch my new television show and support network for children
with brain cancer. He showed me how to find everything I needed including local organizations, doctors and coordinators that would support my cause.
The accountability the program provided was just what I need to take action on my dream and create a lasting legacy for my father who passed away
from cancer. In the midst of many distractions, the BARON Business Coaching program lifted my spirits and kept me focused on my goals." |
- Audrey Fells
Founder and CEO
Preserving with Parker
Richmond, VA
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"The
BARON Coaching Program helped me to step outside of my comfort zone, maximize my value to others and
accomplish so much. Wow, what a difference having a coach made!" |
- Jill Arrington
CEO and Founder Beyond Your Horizons
Perth Australia
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"Two of the most valuable things I took away from
the BARON Wealth Coaching Program were how to structure my business so that it would make
money and how to raise funds. I wanted to use my business concept to help
others, but the one question I had was, 'Will there be a sufficient income
stream?' That's what I couldn't figure out. The BARON Coaching Program helped
me quickly develop a viable business model and monetize my ideas. The tangible
checklists saved a lot of time and were extremely helpful. The program was also perfect for keeping me on
track and holding me accountable to my dream." |
- Mindy Galloway
Entrepreneur
& Sales Professional
Ann Arbor, MI
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"In
my first coaching session, William helped me automate my business and save over
$2,000 and hundreds of hours of work. With his expert guidance and
accelerators, in less than six months, I had my company formed, two income
producing websites with over 1,500 members, a radio show and television show to
promote my cause. One of the program's accelerators was a letter
that helped me secure a four-figure corporate sponsorship deal in 15 minutes. BARON Coaching is by far the best investment I have ever made. I
will always use William as my business coach and advisor." |
- Sasha Ottey
Chief Executive Officer
PCOS Challenge, Inc.
PCOSChallenge.com
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"William provides excellent advice and over-delivers to boot. I leave each session reeling from all things I'm going to do because the ideas are so good." |
- Mark T. Rafter
Founder and CEO Integrated Wealth Resources MarkRafter.com
Auburn, CA
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"It was exactly what I expected it to be. William is a genius. He had me extremely motivated and put me on the right path immediately. I am looking forward to building my brand using The Baron Solution strategies and taking over the market I serve." |
- Antoine Harden
Top National Software Sales Professional
Leesburg, VA
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"The Baron Coaching Program has done a lot for me and I am
extremely grateful. In our first coaching session, William helped me
identify ten new streams of income to triple my revenue in less than a
year. The strategies he shared enabled me to partner with over 15 celebrities
and top business leaders to help promote my products.
In addition, the accelerators in the coaching program saved me
over $5,000. Some years ago, when I put together an
executive summary and a business plan, I had an idea for a brand, but I wasn't
clear on how any of that was going to be possible. Today, I look at my business
and here it is. My dream has come true. I thank William and the BARON Coaching
Program for making it all happen. There are not enough words for me to express my
gratitude." |
- Merletta J. Martin
President Merletta J. Martin Gallery ArtInHarmony.com
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"The BARON Coaching Program was timely and a great investment. The tools, resources, and scripts alone saved me hundreds of hours of work and several thousand dollars. William helped me avoid making a lot of time-consuming and costly mistakes. He provided the proper foundation to start the right way from the ground up. The BARON Coaching Program is a definite must for any author or consultant serious about their financial success." |
- Dawn McCoy
Speaker, Leadership Consultant and Trainer
Author of Leadership Building Blocks
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"I got even more out of my coaching sessions than I had hoped. William helped me develop campaigns to attract million-dollar clients. Now, I see what I was doing wrong!" |
- Denice Jeter
Real Estate Broker
Little Rock, AK
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"I learned how to generate an additional $30,000 in income yearly in my first few coaching sessions. It pays to invest in education. I knew where I wanted to take my business, but I just wasn't sure
how to get there. Before starting the BARON Business Coaching Program, I was frustrated and spending lots of money unnecessarily. William gave me a
road map to profitability. It made things so much faster and easier. The principles in the BARON Coaching Program work regardless of the industry or
business." |
- Walethia Aquil
Etiquette Advisor and Image Consultant
Founder and CEO
Grace and Charm
Flint, MI
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"We came to The Baron Solution Group to help us optimize our business systems and increase the ROI of our
marketing activities. The coaching solutions William brought were exactly what we
needed and far exceeded my expectations. The Baron Solution strategies on
branding, positioning and education based marketing were brilliant.
As a social entrepreneur with companies in India and the UK, I have found
William's insights for global markets to be invaluable for attracting more
business and bringing greater support to an important cause."
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- Richard Alderson
Director
Journeys for Change
London, UK
Mumbai, India
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"I needed the right action plan for buying a business. The BARON Coaching Program directed my focus on the highest ROI activities and helped me to leverage untapped resources, business credit, and strategic partnerships to buy businesses using other people's money. Great value!" |
- Matthew Redmond
Chief Executive Officer
MTR Group Ventures, LLC
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Seven Reasons More Entrepreneurs Choose BARON Wealth & Business Coaching
- Delivers the most comprehensive, fully-integrated entrepreneurship training program in the industry.
- Increases your productivity while giving you more time off to spend with family and friends.
- The BARON integrated model offers you a higher return on investment and improved odds for long-term success compared to other entrepreneurship training programs.
- Provides you with a comprehensive sustaining support system which includes one-on-one guidance from industry experts and over 1,000 resources and accelerators.
- Saves you tens-of-thousands of dollars and hundreds of hours in research and implementation time.
- Provides you with cutting-edge strategies, best-practices taught by industry leaders, and highly-effective marketing systems to generate more sales and income.
- Equips you with the proper coaching, planning, training, tools, and partnerships to become more profitable, stable, and better manage growth.
BARON Wealth Coaching can help you quadruple the speed at which you reach your business and financial goals over planning yourself or other methods and programs.
Leverage #1 Wealth Coach William R. Patterson to help you quickly start or improve the profits of your business.
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NO RISK $1,000 Product and 100% Money-Back Guarantee
We are so confident that the BARON Wealth and Business Coaching Programs will help you increase your income that we offer a NO RISK $1,000
Product and 100% Money-Back Guarantee. If after your first coaching session, you don't believe the BARON Coaching Program will help you generate more income and grow your business, we will give a 100% refund plus allow you to keep over $1,000 in BARON Wealth and Business Training CDs for free.
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Multiply your odds for success with the proper coaching, planning, training, tools, and partnerships.
Request BARON Wealth Coaching Now: I'm ready to be the next BARON success story!
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