Creating your cash machine

How would you like to have an ATM, fully stocked with new hundred dollar bills? Just picture walking up to it each time you need money to go out and have it dispense Ben Franklins!

Whatever kind of wealth you want to create, many financial teachers suggest that the surest approach to investing, and the one which will provide you with the greatest return, is to find or create your very own cash machine. A cash machine is just a well-oiled business that you can use to have an ongoing source of cash so you can buy assets with your long and short-term investments.

More specifically, a cash machine is a business that you should be doing part-time, with a great deal of help from others. You might trade your particular specialization to others in return for them offering you with some skill or service, for example.

That's a terrific idea, but you're probably thinking, how do I make such a business? To start with, you should examine your talents, skills and financial situation. How can you leverage those assets and transform them into a business that gives "excess cash" which you can then put to use in your investing and wealth building activities?

I found that one of the best sources for my own cash machine development was through Nouveau Riche University. I signed up for the college courses, but found that I was so enthusiastic about what I had learned that it was a natural for me to tell others about this program.

And as it turned out, NRU has an outstanding "scholarship" program. I've sold cars and time share vacations and I can tell you that few other sales programs offer the kind of commission structure that is offered at Nouveau Riche.

According to government statistics, 74 percent of the rich arrived there through a combination of business ownership and real estate investments. So my advice to you is to pick a business which can grow into a cash machine, and then use your excess cash and put it in the real estate market.

John Souter lives in paradise. His company provides Maui weddings in Hawaii. He is also an active investor and an alumni of Nouveau Riche University. For more information on real estate investing, take a look at his website at: nrusuccess.com..