How Do I Start My Own Business In Investments?

Becoming an Investment Adviser was actually my 1st choice when I originally asked the question "how do i start my own business?" about 5 years ago.

My corporate employment background is banking so I was pretty used to giving people advice about where to put their money... but the crappy thing about banking, was that the amount of money I would get paid in commissions was HORRIBLE compared to the guys who were doing investment consulting through their own licenses.

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When you sell investments - whether they're stocks, mutual funds, cash value insurance policies, or even real estate - and you sell them through your own license you make 20 times - 50 times what you would make if you were working out of someone else's brokerage.

So I decided to get my investment license, and started selling.

There are two huge advantages to going into the investment consulting business.

First, you don't need to have millions of dollars to start investing. You can use other people's money, and you'll get paid accordingly. For example, instead of starting with 0 per month with your own money, you can get a client that has MILLIONS in their portfolio and you would get paid commissions on Millions instead of a few hundred bucks.

Side Note: You really have to be careful when you're managing other people's money, because not only can they come after your license, but they will never refer any new clients to you. That's why you study and get licensed before you make any recommendations.

Second, you get paid residual commissions every year based on the size of your portfolio. So let's say it takes you 5 years to get Million worth of clients in your portfolio, and let's say that you're getting paid a 2% annual residual commission... 2% of Million is 0,000.00.

Which means you will get paid at LEAST 0,000.00 every year that those accounts are in your portfolio. And if you've done your job correctly, that Million will turn into Million the next year, and Million the year after and so on and so forth.

So every continuing year, you'll be getting 2% on the new amount... so your residual income will be growing exponentially every year.

So all this sounds great right? But there is a pretty obvious question that's floating around right now, which is...

"Arman, isn't it a 'bad time in the market' for investments? Isn't that a dangerous place to start my own business?"

And that's a perfectly logical question to ask... and the answer is no, it's not dangerous at all.

Let me explain...

When I said investments, I didn't mean stocks only... or mutual funds only... there are literally hundreds of ways to invest and grow money. And there is ALWAYS something that is performing well. Your job as an investment adviser is to be up to date on what's doing well.

For example... The stock market and the real estate market perform in the same patterns. Meaning, if the stock market isn't doing all that well (which it isn't at the time of this article) it means that real estate prices aren't doing well either (which they aren't at the moment).

There are 2 points I want to make about the stock market & real estate "problem" that's going on right now.

First. Yes, it's true that stocks and real estate prices have been dropping more lately than they've been going up... but if prices are low, that means it's a BUYER'S market.

So as an adviser, you'll be looking for people who have the money to invest. And you EDUCATE YOURSELF on what the best options are for your clients.

Second. When the stock market and real estate markets aren't performing well, the Gold and Silver markets are. At the time of this article, the price of silver has gone up over 100% during the last 6 months. And you don't have to take my word for it... just Google it and you'll see.

So it all depends on how informed you are and how carefully you study the patterns of the economy.

Which brings me to my last point...

Starting your own business in investments is probably one of the cheapest ways to start a business. Outside of the initial cost for your licenses, and the cost for continuing education (which is less than a few hundred dollars per year) you don't have any other costs.

There is no product to buy in bulk stock, because your products are the new account Applications which will be given to you for free from which ever product provider you choose to work with.

You don't have to hire any employees for the first year or two because you won't be doing much "maintenance" as far as the business goes. You just focus on building your client list. The upfront commissions from the sales will be more than enough to afford a great lifestyle for you and your family. And the residuals from the money that's under your management will guarantee you a GREAT retirement.

As long as you get a good grasp on the economy and the features and benefits of the investment options you choose to promote, you can sell MILLIONS of dollars worth of investments with the use of a pen and a piece of paper.

That's how I started and actually continued to do business when I was doing consulting. I had a nice zip-up folder that I would carry around with me to my appointments with some charts that I had laminated, and that was it.

I sold over Million worth of investments in less than 3 years of consulting. (Sadly, more than half of that was done when I was still in banking)

If you don't have a problem sitting in front of people and explaining investment concepts to them, you won't have a problem making money in your own investment consulting business.

There is a reason why so many millionaires are made in this business model... because the profit per sale ratio is SO huge. From one hour's worth of work, you can make 0,000.00. No joke.

And if you're really comfortable talking big numbers, you can make a few million dollars from that same hour's worth of work.

Pretty cool huh?

I just want to give you a few of the licenses that you can get if you wanted to go into investments. These are not all of the licenses that are available BUT they are the most common and with these you can pretty much sell ALL types of investments. And they ALL have the potential to turn someone into a millionaire.

Life License - This is technically a Life Insurance license but the way the Life Insurance industry has developed, you can sell 70% of investment products with this one simple license.

Series 7 - This is THE investment adviser license. With this license you can sell anything outside of Real Estate. Stocks, Bonds, Mutual Funds, Annuities, etc.

Real Estate - This one shouldn't require much explanation. Get this license to sell Real Estate. I believe that if you're trying to sell Commercial Real Estate, you will need a separate license.

Also, if you're looking for some independent reading into the subject, below is a list of some of the best books written on investing within the Stock Market, with Precious Metals and with Real Estate.

Good luck.

Trump Strategies For Real Estate - Donald Trump

Warren Buffet Invests Like A girl. And Why You Should Too - Warren Buffet

Rich Dad Advisors: Guide To Investing In Gold And Silver - Michael Maloney

How Do I Start My Own Business In Investments?