Who is Yaro Starak?

Yaro is a very successful, Australian Blogger from Brisbane that has also opened his own Membership Site Mastermind course.  This course teaches his students how to establish credibility through the use of Blogging and ultimately start their own Membership Site in their chosen niche.

My Personal Review

The Membership Site Mastermind Course gets 5 stars on how a Membership Site Program should be taught.  They are many cheap imitations that I personally investigated but did not like compared to this course.  In fact, this is the best course on the Internet that I’ve found on building your own Profitable Membership Site and really building your expertise in a chosen niche online.  Yaro really delivers in this exciting course and does not disappoint.  His focus and attention to detail is excellent and makes learning fun while intuitive.  He over-delivers on the value of his content to his students.

The only thing I wish the course hit on more is that If you are looking for advanced SEO tactics or Serious Copywriting skills, you might actually need some supplementary resources on the subject.

Quick Update: Membership Site Mastermind opens October 27th, 2009 at about 9 AM.  To get a spot make sure to keep reading.

This course is jam packed with very valuable content like Yaro’s Personal Coaching Calls, supplementary Content and lots of good info. in the core Modules below.  I’ve rated it 5 stars because I feel it’s an excellent course to guide you to start your own Membership Site and content.  See the Core Modules below.

• MODULE 1: Topic Selection & Preeminence – In this module you learn all about how to really establish your niche and learn how to develop your credibility on the Internet.
• MODULE 2: Traffic Generation – Yaro teaches you how to build Web Traffic to your site naturally but effectively using great resources and tools to promote yourself on the web.  Google will absolutely love your site.
• MODULE 3:  Human Resources & Technology – Here is where you find and outsource the help needed to running your site and handle your Technology needs.
• MODULE 4:  Content & Pricing  – In Module 4, You are shown and taught how to produce Content relevant to your site as well as how to price your membership site the right way.
• MODULE 5:  The Launch Process – This Module is worth more than possibly as much as the whole course, the most Successful Online Gurus use the art of the Product Launch to build buzz around launch time increasing your success rate.  This module shows you how.
• MODULE 6:  Post Launch – After your membership is launched, Yaro shows the important way of supporting your members and also keeping your sales funnel open to keep attracting more members into your Site.

Before you sign up for Yaro’s Course, you should definitely pickup a copy of his Membership Site Masterplan Report which maps out the fundamentals of Membership Site Building and some very good Blogging information is also sprinkled throughout the report.  It’s about 50 Pages or so long, but can be read over in an afternoon.  If you are like me, you will be fired up to run your own successful blog and membership site product after reading the report.

Membership Site MasterMind will be going live to the public on October 27th, 09 and will only be available for a few days.  So, hurry to reserve your copy.  It has helped me tremendously to build a credible Blog and even planning on lauching a solid, Membership Site product in 1st Quarter, 2010.  You can learn more about Membership Site Mastermind plus get a more in-depth review here: http://www.membership-site-mastermind-review.com/

Feel Free to share this review

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Have you ever wondered how Money can sometimes vanish from our hands like magic? It is usually through the process of spending it in some way or another. Doesn’t matter if it’s from spending on consumer goods, Bills, services, expenses and the many other ways money can part from us. The important thing to realize is that once that money is spent, you will possibly never see that same exact money again. If your goal is to one day become financially free and wealthy, you must work on saving a significant of your disposable income. After all, it’s not what you make in terms of money that matters, but really what you are able to keep.

Enter Compound Interest
Now that we have a good primer on the importance of saving, you want to apply the highest amount of possible compounding interest to a significant amount of your savings. If you aren’t familiar with compound interest, it is the amount of interest that your money can accrue through some investment vehicle that actually allows that interest to compound (grow exponentially) over time. Time and re-investing into your investment will allow the magic of compounding interest to really grow over time. Just how ‘magical’ can compounding interest really be? Well, to make sense of it all, we can look at putting a very modest investment sum of say $5,000.00 into some compounding interest investment. See example below.

Compound Interest in Action
It is worth noting that Compound interest not only applies more money, growth interest to the principal, but also on the interest. This allows your money to grow even more exponentially. To see the magic of compounding interest in action, let’s assume that we have a modest 5,000.00 to invest (if you don’t have this amount, you need to really work on your saving). Let’s for the sake of our example, say your investment pays interest of 10% per annum. Let’s also say that we put our 5,000.00 investment into this investment vehicle that earns 10% Per annum. If we did nothing but leave that 5,000.00 in there and assume we are 20 years old and leaving that money till retirement age at 65, in 45 years our investment of only 5,000.00 that paid us 10% compounding interest per year would be worth around a whopping $365,000! For an even more dramatic illustration, let’s assume that we are a savvy investor and re-invest $5,000.00 per annum in our 10% per annum, investment vehicle. Our investment after 45 years would be almost a staggering $4,000,000.00 (Four Million dollars)! See the difference?

Use the value of Time
To see the greatest result of your investment, you need to get started with your saving into a compounding interest vehicle as soon as possible. The longer you wait, the more your investment will actually lose. If you wait say two years to get started, this can cost you hundreds to thousands of dollars in lost compounding interest. So, procrastinate no more and get started as soon as possible. Don’t be a statistic that comes down to retirement age or even sooner without any golden nest egg put away for your future.

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So you want to be Wealthy. You also want Financial Independence and even a very comfortable and fulfilling retirement. Well, I’ve got news for you. You can almost kiss those dreams goodbye from now if you don’t learn how to take care of yourself Financially before creditors, bill collectors and anyone else taking a deduction from your normal income. You need a disciplined approach. Like favored and best selling Author, David Bach says ‘You must make this saving automatic’. With Bank’s and Technology today, there is no excuse for not making your savings an automatic deduction before paying anyone / anything else.

If you are one of those people that pays all your bills, necessary living expenses and live off the difference, this post is possibly for you the most. By paying everyone else and making everything else but you a financial priority, you’re sabotaging your relationship with money. You are not respecting money as a tool in your life. You need to make your financial life the number one priority. If not, ask yourself why you are bothering to make an income. A wise man once said, “It’s not how much you make that matters, it’s what you keep”.

Make saving a minimum of 10% mandatory
Pretend you are the government and you require a payment every single month as mandatory and as a deduction. That is how important your savings are to building your wealth. Save at least 10% of your income, if you can’t reach that high for now, go ahead and do at least 5%. You want to get to the point where you can save and reinvest 30% of your income at some point. I’m sure you’ve figured that when you are Financially Independent, saving and investing becomes a heck of a lot easier.

Get in the habit of saving your money. Don’t be a normal consumer. Most consumers are almost always broke and live off credit. Isn’t it great when you can offer cash for purchases? You on average will save a lot more than those that use plastic. There is a know statistic that those holding plastic will spend upwards of 20% and more than those with cash for purchases. When you swipe plastic you don’t feel the pain as much as spending hard earned cash. Start saving your money today and create your own little Micro-Economy, so no matter what happens in the Economy around you, you will be financially sound.

Go ahead and start saving from today. If you are a real spender, your job will be harder, but you can do it absolutely. You will be amazed at how fast your savings will grow just saving a little by little. Also, once your savings grows to a substantial amount, you want to definitely diversify your portfolio and always keep a substantial amount of cash savings as well. Once you invest into a portfolio that is making money for you, you have the power of compounding interest on your side as long as you keep reinvesting. I hope you enjoyed this post and look forward to your comments. To your Success!

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Today I’m giving the tools you need to think about how to generate extra income in your life.

Those that are a little more frugal in their lifestyle and want to be financially independent in the future are always thinking of ways to improve their cash flow or increase their income. Herein lies the problem, most people just ‘think’ about how to make money but most don’t follow through.

If you are to generate some extra income in addition to what you bring home, you want to bring in that extra cash in the most efficient way possible.

You must first of all if you are already doing some kind of work for free, ask yourself, “How can I monetize this work?” In other words, how can I presently make money out of a situation where I may be doing some work but not benefiting by not being compensated with money. However, this does not apply to charity work or work you have volunteered of your time for a good cause. You must also learn to give back for free. This makes you a philanthropist that will be valued by others that may need the resources.

If you cannot make money by work you already do and it is not charity, you might reexamine if it is even worth your time. Remember time is one of the few things that we all have the same of. We all have 24 hours in a day, it’s how we apply our time is what matters. After a self-check if you really are capitalizing for the best use of your time, ask yourself if there is something that you would absolutely love to do with some spare time that would boost your income levels and bring in extra money. You may find that you are an expert in sales training or copywriting and do some consulting on the side if you have a day job. Before doing any extra work, visualize with clarity of intention, where you want to go financially. You might visualize yourself financially free because you built a very profitable practice. You really need to see this in your minds eye and feel it. If you can put emotion into your thought, your subconscious will help work towards your goal. For a recap of goal setting, see earlier posts on goals.

The next step of generating some extra income is to start small. Give yourself little mini goals to complete and hit each month. For example, you might want to set a mini goal to bring in an extra 100.00 that month other than your normal income. For some, that may sound too high and others too low, so modify the amount according to your needs. If you can start small and bring in 100.00, you can certainly over time, bring in much more than that. Please just start small and hit your goal so you don’t sabotage yourself. When you hit your goal, reward yourself with maybe a movie or something. Don’t go and spend all of your money in one place, you are better off putting it in an investment or an account to get you financially free.

Most of all, have fun and be creative with your newfound money generating skills. Also, maintain balance with Life, Family and your own Personal Development and Hobbies. There is nothing worse than workaholics that worked their life away with money in the bank, but didn’t live life fully. Remember no one comes down to the end of their life and says, “Boy, I really wish I worked more!”. Take time to reflect and build your life little by little and enjoy the journey!

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