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	<title>The Rynge Blog &#187; Multiple Passive Income Streams</title>
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	<description>Thoughts about market oriented small business and idea development</description>
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		<title>Networking: Follow up mail to help your contacts</title>
		<link>http://blog.rynge.com/2009/02/as-follow-up-to-my-own-blog-post.html?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=as-follow-up-to-my-own-blog-post</link>
		<comments>http://blog.rynge.com/2009/02/as-follow-up-to-my-own-blog-post.html#comments</comments>
		<pubDate>Sat, 21 Feb 2009 11:19:00 +0000</pubDate>
		<dc:creator>Ola Rynge</dc:creator>
				<category><![CDATA[Business Related]]></category>
		<category><![CDATA[Leverage]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Multiple Passive Income Streams]]></category>
		<category><![CDATA[Networking]]></category>
		<category><![CDATA[Personal Branding]]></category>
		<category><![CDATA[The Rynge Group]]></category>

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		<description><![CDATA[As a follow up to my own blog post Networking: &#8220;You can have everything in life that you want if you will just help enough other people get what they want.&#8221;, I did send out a repsonse to my contacts that answered the first e-mail. The aim for this was to show how I use [...]]]></description>
			<content:encoded><![CDATA[<p></p><!-- Start Shareaholic LikeButtonSetTop Automatic --><!-- End Shareaholic LikeButtonSetTop Automatic --><p>As a follow up to my own blog post <a href="http://blog.rynge.com/2009/01/networking-can-have-everything-in-life.html">Networking: &#8220;You can have everything in life that you want if you will just help enough other people get what they want.&#8221;</a>, I did send out a repsonse to my contacts that answered the first e-mail. The aim for this was to show how I use goal setting and inspire my peers to do the same.</p>
<p>Here is the e-mail (I have left out some parts due to privacy reasons):</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<br />[personal introduction refering to the content of the e-mail I received]</p>
<p>I have decided that 2009 will be the best year so far for me, and I am convinced that it will be that way regarding both the business as well as the personal side. If there is anything I can do to help you make your year even better, please let me know.</p>
<p>An idea I have is to make an inventory of all the things my network are looking for help with, and publish it on my blog so that even more people can help out with more contacts. Off course, the blog post will be anonymous. What do you think about this? Is there anything I can do for you?</p>
<p><span style="font-weight: bold;">Goals</span></p>
<p>My goals for the year are in line with my life goals and here are my three most important goals, personal and professional:</p>
<p><span style="font-weight: bold;">Personal goals<br /></span>
<ol>
<li><span style="font-weight: bold;">Radically improve my physical and mental strength by working with my personal development and my personal brand<br /><span style="font-style: italic; font-weight: normal;">I have reserved 30 minutes every day to read, reflect, meditate and make plans. I will also focus on healthier food, more exercise as well as learning and application of what I have learned.<span style="font-style: normal; font-weight: bold;"></span></span></span></li>
<li><span style="font-weight: bold;"><span style="font-style: italic; font-weight: normal;"><span style="font-style: normal; font-weight: bold;">Create possibilities to spend as much time as possible with my girlfriend<br /><span style="font-weight: normal;"><span style="font-style: italic;">Since we live more than 9 000 km away from each other, this is a challenge.<span style="font-style: normal;"></span></span></span></span></span></span></li>
<li><span style="font-style: italic;"><span style="font-style: normal;"><span style="font-style: italic;"><span style="font-style: normal;"><span style="font-weight: bold;">Be an exceptional family member and friend<br /><span style="font-weight: normal;"><span style="font-style: italic;">I will be there for my family and friends when they need me, but also be proactive and make sure to meet up, keep in touch and be available even when it is not needed.</span></span></span></span></span></span></span></li>
</ol>
<p><span style="font-weight: bold;">Professional goals<br /></span>
<ol>
<li><span style="font-weight: bold;">Being an exceptional supplier and partner for my clients, potential clients and other stakeholders</span><br /><span style="font-style: italic;">Defining my offer and the value offered in a clear and consistent matter, showing the win-win situation of using <a href="http://www.rynge.com/">The Rynge Group</a>. To always have a keen ear for wishes, feedback and other communication as well as being clear about that the communication has been correctly understood by all parties.<span style="font-style: normal;"></span></span></li>
<li><span style="font-style: italic;"><span style="font-style: normal;"><span style="font-weight: bold;">Exceed 20 % increase of turn over during 2009<br /><span style="font-weight: normal;"><span style="font-style: italic;">2007/2008 was the first year of operations for The Rynge Group as an incorporation (formerly a sole proprietorship) and consisted of 18 months. During the 12 months of 2009, The Rynge Group will exceed 20 % more in turn over than the last 18 months.<span style="font-style: normal;"></span></span></span></span></span></span></li>
<li><span style="font-style: italic;"><span style="font-style: normal;"><span style="font-style: italic;"><span style="font-style: normal;"><span style="font-weight: bold;">Create leverage and increase my efficiency in all activities<br /><span style="font-weight: normal;"><span style="font-style: italic;">Finding synergy effects, being more proactive, create partnership, create passive streams of income, turning services into packages etc.</span>&nbsp;</span></span></span></span></span></span></li>
</ol>
<p>I have chosen to formulate these goals quite vague, more as motivational phrases than goals. I have then created clear and specific objectives according to the goal setting model SMART (Specific, Measurable, Achievable, Realistic, Time bound). I have chosen to keep the objectives and strategies to myself.</p>
<p><span style="font-weight: bold;">How can you assist me?<br /></span>I would appreciate any help in the following areas and projects, as well as on how I can reach my goals above.</p>
<ol>
<li><span style="font-weight: bold;">Passive streams of income, networking and leverage<br /><span style="font-weight: normal;"><span style="font-style: italic;">I am looking for projects, ideas and opportunities to create passive streams of income (incomes that do not require my presence), which mean that I will use my network more efficiently than before. Here you can help me and yourself (win-win) by recommending me to any person or company that can use my services. Please go to <a href="http://www.rynge.com/">my website</a> to see what I offer.<br /><span style="font-style: normal; font-weight: bold;"><br /></span></span></span></span></li>
<li><span style="font-weight: bold;"><span style="font-weight: normal;"><span style="font-style: italic;"><span style="font-style: normal; font-weight: bold;"><a href="http://www.artbymail.com/">Art By Mail</a>, other product ideas  or packaging of services<br /><span style="font-weight: normal;"><span style="font-style: italic;">I would like to make my work less dependent on me and the hours I have available and more focused on products and services that can help persons and companies without me having to be present, at least not the whole time. I would also like to work more together with others and here you can help me with ideas, tips and involve me in any projects that you might find suitable.
<p><span style="font-style: normal; font-weight: bold;"></span></span></span></span></span></span></span></li>
<li><span style="font-weight: bold;"><span style="font-weight: normal;"><span style="font-style: italic;"><span style="font-style: normal; font-weight: bold;"><span style="font-weight: normal;"><span style="font-style: italic;"><span style="font-style: normal; font-weight: bold;">Marketing<br /><span style="font-weight: normal;"><span style="font-style: italic;">Please, help me market <a href="http://blog.rynge.com/">my blog</a>, <a href="http://www.rynge.com/press/newsletter.php">my newsletter</a> and <a href="http://www.rynge.com/">my website</a> to anyone that can find the material there of interest.</span></span></span></span></span></span></span></span></span></li>
</ol>
<p>Kind regards</p>
<p>Ola Rynge<br />&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>This has allowed me to keep in contact and develop the discussion even further with contacts that I normally do not communicate with very often. It has also given me some business leads and I believe it has strengthened my brand among my clients. I will keep working on this and put togheter a list of &#8220;wants&#8221; that my network has and then try to find new an innovative ways to make them get what they want. Any ideas?</p>
<p>- Ola Rynge<br /><a href="http://www.rynge.com/">The Rynge Group</a></p>
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		<title>Getting leverage through multiple passive income streams</title>
		<link>http://blog.rynge.com/2009/02/getting-leverage-through-multiple.html?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=getting-leverage-through-multiple</link>
		<comments>http://blog.rynge.com/2009/02/getting-leverage-through-multiple.html#comments</comments>
		<pubDate>Wed, 04 Feb 2009 21:42:00 +0000</pubDate>
		<dc:creator>Ola Rynge</dc:creator>
				<category><![CDATA[Business Related]]></category>
		<category><![CDATA[English]]></category>
		<category><![CDATA[Leverage]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Multiple Passive Income Streams]]></category>
		<category><![CDATA[Starting a Business]]></category>
		<category><![CDATA[The Rynge Group]]></category>
		<category><![CDATA[Working Here / Härarbete]]></category>

		<guid isPermaLink="false">http://blog.rynge.com/2009/02/getting-leverage-through-multiple-passive-income-streams.html</guid>
		<description><![CDATA[During the last week or so I have been discussing &#8220;multiple passive income streams&#8221;. It is a quite interesting subject, but from my point of view, there are no such things as passive income streams, maybe with exception of social welfare systems. All income streams require investments of money and/or time, maybe just initially, but [...]]]></description>
			<content:encoded><![CDATA[<p></p><!-- Start Shareaholic LikeButtonSetTop Automatic --><!-- End Shareaholic LikeButtonSetTop Automatic --><p>During the last week or so I have been discussing &#8220;multiple passive income streams&#8221;. It is a quite interesting subject, but from my point of view, there are no such things as passive income streams, maybe with exception of social welfare systems. All income streams require investments of money and/or time, maybe just initially, but even most &#8220;passive&#8221; income streams require some maintenance.</p>
<div>With this said, I am still very interested in the subject, however I am looking for leverage on my capital as well as my time. It is quite easy to get leverage on one of the two like hire an assistant. The assistant surely will get you time-leverage but will instead cost you the salary. The hard part is to find the solution where the assistant not only gets you time-leverage, but also perform tasks that give you finance-leverage.</p>
</div>
<div>Multiple Passive Income Streams <span class="Apple-style-span" style="font-weight: bold;">are not</span>:<br />- They are not really passive, you will always have to invest time and/or money initially<br />- They are not risk free, you might lose the money and/or time invested<br />- They are not easy to obtain</div>
<div>Multiple Passive Income Streams <span class="Apple-style-span" style="font-weight: bold;">are</span>:<br />- They are a great complement to your active income<br />- They will give you freedom and a richer life if set up correctly</p>
</div>
<div>Besides getting leverage, I would also like to make my income more independent on where I am, applying the concept of “<a href="http://blog.rynge.com/2009/02/working-here.html">Working here</a>”.</div>
<div>So let´s get practical. For my part I will focus on a few areas during 2009.</p>
<p><span class="Apple-style-span" style="font-weight: bold;">Start buying stocks and funds<br /></span>The market will keep going down for a while, I believe that another 20% is likely, but I will try investing 1/3 of my active income a month to create a great foundation for growth when the market turns.</p>
</div>
<div><span class="Apple-style-span" style="font-weight: bold;">Packaged services and products<br /></span>I am working on to put my services into packages and products that can help my clients even when I am not there or do not have time. The goal with my business is after all to transfer my knowledge and way of thinking so that they can manage the basic development processes themselves.</p>
</div>
<div><span class="Apple-style-span" style="font-weight: bold;">Hire a marketing assistant<br /></span>A marketing assistant will give me leverage on mainly the marketing of The Rynge Group, but also with the different tasks I have listed here. This way I can focus on more income generating tasks.</p>
</div>
<div><span class="Apple-style-span" style="font-weight: bold;">Affiliate marketing<br /></span>I have quite good skills when it comes to online marketing and setting up websites for online sales or leads generation. My idea is to target more traditional and local industries that might not have any online presence, set up a system for them for leads generation and do some SEO. The plan is to get paid on a per lead basis. This concept can be copied over several industries as well as several geographical locations.</p>
</div>
<div><span class="Apple-style-span" style="font-weight: bold;">Selling on commission<br /></span>I have already started this, helping a friend of mine marketing _bicycle seat covers_, and I will look into more short or long term commitments to act as a virtual sales person. This will also apply for my network, that I will try to help finding new clients.</p>
</div>
<div><span class="Apple-style-span" style="font-weight: bold;">Make my network work for me<br /></span>I am offering people in my network to get a commission if they give me a lead that turns into a client.</p>
</div>
<div><span class="Apple-style-span" style="font-weight: bold;">New ventures<br /></span>This is something I love, and it does certainly not give me time-leverage in the beginning but hopefully some of the ventures (like ArtByMail.com) will take off and provide me with leverage in the future.</div>
<div></div>
<div>I guess I will keep posting about this subject so please stay tuned.</p>
<p>- Ola Rynge<br /><a href="http://www.rynge.com/">The Rynge Group</a></div>
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