Going Global: Groupon Buys European Clone Citydeal

Hugely successful group buying website Groupon has acquired a European clone called Citydeal, bumping the billion-dollar company’s number of operating countries from two (just the U.S. and Canada) to 18.

Groupon will apply its own branding to the Citydeal websites at some point in the future, but the company’s blog post says that the transition will take “months.” Users will still need to sign up for a Citydeal account separately to take advantage of deals in the European regions served.

Those regions will include the United Kingdom, Ireland, Germany, France, the Netherlands, Spain, Italy, Switzerland, Austria, Poland, Finland, Denmark, Turkey, Sweden, Norway and Belgium.

Citydeal — which has 600 employees now — was founded by some of the same individuals who started European eBay clone Alando, which was later bought by eBay in an arrangement similar to this one.

Groupon invites its members to buy a product or service from a local business en masse at a greatly reduced price made possible by the sheer volume of opt-ins. It offers a new deal each day, giving users 24 hours to opt-in. The service has proved highly profitable for both Groupon and the businesses that partner with it, as well as a boon for local communities.

For example, a dance studio in Chicago recently sold more than 1,000 four-week classes at less than half the usual price-per-head. The business will benefit greatly, but so will the greater community of dance-related businesses in Chicago, which will grow significantly this year, bringing more money to venues and other studios and events.

By: Samuel Axon

How To Receive An Avalanche Of Blessing When God’s Blessings Come, Will You Be Ready?

Let me tell you a story.
One day, two men were walking home.
All of a sudden, it started to rain. Really hard.
Because both of them didn’t have an umbrella, the two guys got soaking wet. After a few minutes of torrential rain, the first man cursed.
“God, what have I done to deserve this bad fortune?” he growled, hurling his fist to the sky. “Why are you punishing me? I’m minding my own business here, walking home, when You had to make it rain!”
But the second man’s response was totally different. He began to skip, dance, and sing like Gary V in a concert. “Yeepee! Life is wonderful!” he hollered.
With venom in his voice, the first man asked, “What are you so happy about? Can’t you see we’re wet as frogs in a swamp!”
The second man said, “My dear friend, I’m a farmer. The rain is nourishing my crops. I will have a bountiful harvest this year!”
It was the same rain, the same amount of water pelting their bodies, but the two men had two very different reactions.
Why?
Because one person prepared for the rain and another didn’t.
Dear friend, mark my word: There is always an avalanche of blessing that will flow into your life. Financial blessings. Spiritual blessings. They pour like a rampaging river over you.
But will you be ready for their coming?
If you won’t be ready, you’ll just curse.
But who will praise?
The person who has planted great seeds in his life.
How will you do that?
Here are the three kinds of seeds that you need to plant:
1) Seeds of Desire
2) Seeds of Belief
3) Seeds of Action

Friend, God wants to bless you abundantly. May your dreams come true,
May your dreams come true. Bo Sanchez

Born-from-the-Streets

If you want to become really wealthy (not just middle class), you need to learn practical strategies that can only come from actually doing it. Risking it. Making your hands dirty. And failing.

You don’t learn that in school. You learn that in the streets.

T.J. Watson said, “If you want to increase your success rate, double your failure rate.” I totally agree.

I’m successful today because I’ve failed so many times. And I’ve failed so many times because I’ve made so many attempts.

Look, I’m not talking about foolish, impulsive attempts. (Okay, I must admit I did those too.)

Today, I’ve learned how to fail.

Do you want to start a business?

Follow these 4 important rules of failing wisely.

• I only start with small amounts

I don’t bet the farm. I put little amounts of money. So that if it fails, I don’t cry. I consider my investment as a tuition fee for learning in the best university in the land: University of Failure.

• I only do it with coaches behind me.

I don’t do anything without mentors beside me. People who have been doing what I want to do for years.


• I stick with my expertise.

I stay within my game. I’ve got core gifts and won’t venture too far from that field.

• I only work with people of character.

I don’t work with just anybody. Through the years, I’ve learned to profile people. Obviously, I make mistakes. But I (sort of) can guess if a person is dependable or not.

And if I fail eight out of 10 attempts, I’m very happy. Because the two attempts where I succeed will far outweigh all my failures.

Here’s my complaint of schools: They’re training our kids to fear failure. Woe to the kid whose report card has a red mark. Students will try everything not to fail.

But failure is good.

Google founder Eric Schmidt said, “Fail often and fail quickly. So you can try again.” Powerful words. It’s the reason why Google is so successful. It fails in so many of its projects.

That’s one of the reasons why we homeschool our sons. We want them to fail often and fail quickly. How? We decided to immerse our kids to real life assignments. Because they realize it’s okay to fail. My 9-year-old boy started three blogs to earn money. (His blogs are about video games.) So far, he has only earned a few centavos from his Google ads. In other words, he failed. Which is good. He has realized that failure isn’t so bad. It simply tells him to try again.
My friend, fail quickly. Fail often. So you can try again.

May your dreams come true,

Bo Sanchez

Born-from-the-Streets

If you want to become really wealthy (not just middle class), you need to learn practical strategies that can only come from actually doing it. Risking it. Making your hands dirty. And failing.

You don’t learn that in school. You learn that in the streets.

T.J. Watson said, “If you want to increase your success rate, double your failure rate.” I totally agree.

I’m successful today because I’ve failed so many times. And I’ve failed so many times because I’ve made so many attempts.

Look, I’m not talking about foolish, impulsive attempts. (Okay, I must admit I did those too.)

Today, I’ve learned how to fail.

Do you want to start a business?

Follow these 4 important rules of failing wisely.

• I only start with small amounts

I don’t bet the farm. I put little amounts of money. So that if it fails, I don’t cry. I consider my investment as a tuition fee for learning in the best university in the land: University of Failure.

• I only do it with coaches behind me.

I don’t do anything without mentors beside me. People who have been doing what I want to do for years.


• I stick with my expertise.

I stay within my game. I’ve got core gifts and won’t venture too far from that field.

• I only work with people of character.

I don’t work with just anybody. Through the years, I’ve learned to profile people. Obviously, I make mistakes. But I (sort of) can guess if a person is dependable or not.

And if I fail eight out of 10 attempts, I’m very happy. Because the two attempts where I succeed will far outweigh all my failures.

Here’s my complaint of schools: They’re training our kids to fear failure. Woe to the kid whose report card has a red mark. Students will try everything not to fail.

But failure is good.

Google founder Eric Schmidt said, “Fail often and fail quickly. So you can try again.” Powerful words. It’s the reason why Google is so successful. It fails in so many of its projects.

That’s one of the reasons why we homeschool our sons. We want them to fail often and fail quickly. How? We decided to immerse our kids to real life assignments. Because they realize it’s okay to fail. My 9-year-old boy started three blogs to earn money. (His blogs are about video games.) So far, he has only earned a few centavos from his Google ads. In other words, he failed. Which is good. He has realized that failure isn’t so bad. It simply tells him to try again.
My friend, fail quickly. Fail often. So you can try again.

May your dreams come true,

Bo Sanchez

On Buying Cars

This month, I’m writing about the Lifestyle of the TrulyRich and Faithful.

Last night, my 10-year-old son was leafing through a glossy car magazine.

The cars were incredibly beautiful.

Benzes. BMWs. Audis. Jaguars.

“They’re so cool, Daddy,” my son gushed.

And I gushed along with him.

I must admit. The cars were utterly gorgeous.

In our society, cars are symbols that make men announce to the world, “I have arrived.”

That’s why people love brand new cars.

But through the years, I’ve trained my mind to think in the opposite direction: I love my car as it gets older.

Crazy, right?

The older it gets, the more I love it.

Not because I like vintage cars.

But because of the savings I get from driving an old car.

Here’s the thing: I love to earn much more than I love driving a brand new car. And I know that with what I save from not buying a brand new car, I’ll be able to invest that money and earn more.

After 12 years of building my wealth, I can afford to buy a brand new car every month. I could pay full cash if I wanted to. But even if I bought a new one via monthly payments, I would still have to spend perhaps P20T to P30T a month.

A part of my brain says, “Gee, that’s peanuts for you now, Bo. You won’t even feel it.” But the other part of my brain says, “Wait a minute. If I invest P20T or P30T a month in the stock market, I can make it grow at 20% a year. Shoot, that will become P40 Million in 20 years!

That’s when I realize my old car has become a fantastic vehicle.

Because it’s saving — and earning me — so much money.


Sure, I hear some rickety sounds from underneath my car.

Sure, the ride isn’t as smooth.

Sure, the aircon isn’t as powerful as when it was new.

Heck, I won’t die.

Because I keep my car in tip-top condition.

As I said in last week’s issue of WealthStrategies, a day will come when it won’t matter. I’ll be a billionaire and it won’t matter if I’ll buy a brand new car every time I feel like it.

But not now. At this time in my life (I’m 43), I want to grow my investments.

What Are My Toys



Rich people buy luxury cars, yachts, and vacation homes.

Some wealthy people buy ultra-motorcycles, state-of-the-art audio equipment, or mansions in posh villages.

These are their toys.

My toys are very different: I invest in God’s ministry.

I don’t look like a millionaire because I love giving 40% of my income to God’s work. Reason? I lead the ministry. I know our needs, intimately. And obviously, I believe in what we do. I believe in the impact that we have on people’s lives.

So each year, I give millions to the ministry with great joy.

These are my toys.

Honestly? They’re the most fantastic toys in the world.

You should try it.


May your dreams come true,

By:
Bo Sanchez