Settling is not an option, therefore “Plan B” is NOT an option. Anyone who has ever achieve a high level of success knows that simply having a “Plan B” sets you up for failure.

This video contains a montage of notable people from various backgrounds saying the same message…”Plan B Sucks!”

It’s finally here. Our long awaited and highly anticipated book, Plan “B” Sucks!: WORK ON YOUR DREAMS, AND NOT YOUR BOSS’S. We would like to thank our loyal fan base for sticking around as we spent the past two years writing this book.

It goes in depth about how to and achieve your own goals in life. We went off the traditional path and gave you an unorthodox way in which we feel those who succeed often take towards success. So please pick up your copy which will be available July 22nd!

A common misnomer we often hear is, “Isn’t that risky!?!”  Starting a business, investing in the stock market, buying and selling real estate, etc.  What you have to understand is that risk is nothing more than “unknown certainty” or lack of information.  Why is one motivated to fly 20,000 feet in the air on an airplane to arrive at their destination hours earlier but not willing to trade stocks in order to retire faster?  We deal with risk each day, but we are very comfortable with the things we THINK we can control. We become certain about things we have lots of trusted information on.

I started becoming financially free by trading stocks.  When I try to tell others about it, they say, “MAN, that’s risky!!  How do you know when to buy and sell?  Those prices are random, you can’t predict that?”  I respond with, have you traded stocks before?  They quickly respond with “No! but I HEARD people lose lots of money.  When driving on the highway, how are you comfortable with navigating a 2000 lbs vehicle amongst hundreds of other people who are driving at 60+ speeds, but not comfortable with trading stocks?  Putting your life in danger seems a lot more risky than losing money.  The difference is, you know the rules of the game when driving! Learn the Stock Market, and then you will realize it’s really not that hard.  When something becomes a priority, you find the DESIRE, TIME, and RESOURCES to learn it.  Make the want to become wealthy a priority! Learn about it, and the Risk will go away!

Well Dr. Dre, P. Diddy, 50 Cent, and Ludacris thinks so. After the successful launch of Beats By Dre, Diddy quickly jumped on board with Dr. Dre to launch DiddyBeats. Now the rest of the hip hop community seems to be jumping on board. This year 50 Cent and Ludacris have both announced headphones lines looking to debut 1st half of 2011.

50 Cent headphone line, Sleek by 50, was promoted during the CES Conference at the beginning of this year in Las Vegas. They are going to be the first high end wireless headphones to hit the market.

On the other hand Ludacris line, titled SOUL by Ludacris, and will be lauching about 5 different models.

It is normally said that the first 1 or 2 to the market makes the money, but it doesn’t seem like that is the case in the hip hop industry, but I guess only time will tell.

Forbes.com looked at what Lady Gaga’s potential earnings could be for 2011 by compiling estimates from concert ticket sales, album sales, and stategic product placement deals. Check out an excerpt from the article:

She also has a talent for moneymaking. Gaga raked in $64 million last year by our estimate, making her the seventh highest-paid musician in the world, just $1 million behind sixth-ranked Jay-Z. Only U2 ($130 million) and AC/DC ($114 million) crested the $100 million earnings mark.

It’s quite likely that the financially shrewd Gaga will join the elite group by topping $100 million in 2011 — here’s why.

First of all, there’s touring, which should provide the largest chunk of Gaga’s earnings this year. In 2010, her 138-show Monster’s Ball tour grossed $133 million, second to only Bon Jovi on the list of year’s most lucrative tours. Gaga already commands a higher average ticket price ($102) than her New Jersey counterpart ($92), but she’s been playing to crowds of 14,000 on average (compared to Bon Jovi’s 33,000).

Over the next six months, Gaga is scheduled to play 41 shows at 20,000-seat venues like Madison Square Garden in New York and the Staples Center in Los Angeles. If she maintains her average ticket price, that works out to $2 million gross per show, of which she’d likely keep about $800,000 a night after concert promoter fees, security, and other costs. Multiply that by 41 and you get roughly $33 million.

The second half of the year could prove to be even more remunerative as Gaga’s new album, Born This Way, hits stores in June. If sales approach those of her debut The Fame, which moved 12 million copies worldwide, Gaga could easily see $10-$15 million from the album alone. Because she’s both an artist and a songwriter, she’ll also stands to receive an extra-large chunk of money from radio play– a fat publishing check in the U.S. as well as songwriting and performance royalties for spins abroad could add up to another $10-$15 million.

An ultra-successful album would have an even more profound financial impact beyond simple record sales and radio play. ”If the album is a success, she’ll be beyond an arena act by the end of the year,” says entertainment attorney Bernie Resnick, who represents Gaga’s manager, Troy Carter. “She could be a stadium act.”

That means if she goes on the road for the last six months of the year, she could be filling 30,000- and 35,000-seat venues. Perhaps average ticket prices would dip down to a Bon Jovi-esque $90 with more seats available, but even so, that’s means a stratospheric nightly gross in the $3,000,000 range and take-home pay of somewhere around $1,000,000 a day. That’s $45 million for a half-year of touring, bringing the full-year total to nearly $80 million, not counting merchandise, which could easily add another $6-$10 million in profits for an 80-date tour.

Gaga also shills a range of products: video sunglasses for Polaroid, headphones for Beats by Dre, phones for VirginMobile, and a host of items and services via product placement in her videos (a Russian billionaire reportedly paid $1 million to place himself in one of her videos). All these commercial ventures should add at least another $5-$10 million to her coffers.

To be sure, these projections are on the rosy side, as they assume her new album will be a smash success and global macroeconomic conditions will be strong enough that people will continue to dish out $90-$100 a pop for concert tickets. But add it all up: $80-$90 million for touring and merchandise, $20-$30 million for album and radio play, and $5-$10 million for endorsements, meaning Gaga could cross the $100 million threshold with relative ease — and earn as much as $130 million in an absolute best-case scenario. That’s before taxes, management fees, attorney costs, etc, but likely enough to make her the top-earning musician in the coming year.

Okay, I have an exercise. Recently, we talked about jobs, products, services, and saving as different ways to make money. What I want you to do is take out a sheet of paper and write down all the things you can do that people will pay you for. Some easy things could be babysitting or cleaning houses, but I also want you to try and think of what skills sets you have personally that other people would want. I went ahead and did the exercise and these are some of the things I came up with:

money manager
equity analyst
financial adviser
stock market trading coach
small business consultant
social media consultant
website designer
computer programmer
graphic designer
talent manager
motivational speaker
custom shoe designer

After you write down your list, share some of your things in the comments section. I know I keep asking you all to leave comments, but I like to hear from you all (even if you just say “good post” or “hey how are you today”). It lets me know you all are reading the material. But anyway, back to the list. Also, try and put how much you will charge someone per hour to perform the task. This is the part that will tell you how much your time is worth. If you don’t know what to put, Google companies that perform the same task and ask them how much they charge. This way you will have a ballpark range to make your decision. After you have completed the exercise, you now have a list of services you can provide and turn into a business. So, get to work! Money Is Just An Idea, so be creative!