by admin | Feb 28, 2019 | Podcasts
Have you ever set a large goal only to give up after two months? Or maybe you find that you’re getting to your goals too slowly?
Well the way I see it is this: if you’re frustrated with the slow pace of things, then there’s two reasons why things are not working for you.
If It’s Not Working, Your Goal Is Not Realistic
First, you want to look at the reality and the vision. Is your vision realistic? Let’s say you’re making $50,000 a year right now and you want to become a millionaire in three months.
Maybe you can do it, but more likely you’ll be disappointed. When you’ve got two months left and you’re still making $50,000, you’re setting yourself up for failure. Let’s revisit your vision again.
Every single day, get closer to your vision by moving forward. How do you move forward? That leads to the second thing.
What To Do To Improve Your Skills
As part of your reality check, take a look at your current skill sets. Let’s say you want to win a basketball championship. Everyday, you’re dribbling the ball, running around the court, but you’re frustrated you haven’t won the game yet.
But have you been upgrading your skills? Have you been working on your training? If you’re not working on what you need to win a championship, all the dribbling and running will get you nowhere. If you’re not improving, then you’re just keeping busy and that won’t win anything.
So work on improving your skills, your jumps, your defense. Then, when your skills are better, you can bring on some good team members. You can start winning some small games and work your way up to the championship. And then the time will come when you can outperform your opponents.
You win the game and your vision becomes a reality. So don’t just keep busy doing mindless activity until frustration hits. Have realistic expectations and work on your skills. That’s how you make reality and your vision one and the same.
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by graphics Team | Feb 27, 2019 | Podcasts
Imagine if you jumped 100 years into the future and the entire world looked exactly the same as today. How would that make you feel?
You’re not likely to feel comfortable with the time freeze. Everyone wants changes in their life, but for changes to happen, they need to learn this one thing first….
And that is in life the only thing that’s constant is change.
Learn That Change Is Constant
Remember Blockbuster? It was a huge store chain that rented out video games and DVD movies. And do you know that at one point Blockbuster actually had an opportunity to acquire Netflix for $50 million?
Only $50 million. But because the CEO lacked the vision and he lacked the ability to change, what happened? They didn’t take action. Blockbuster went bankrupt when it lost over $1.1 billion in 2010. And where is Netflix today?
Netflix now has a market cap of over $150 billion. We even have a saying, “Netflix and chill.” It has become a household brand and the founder and CEO of Netflix is now a billionaire.
Make Changes By Anticipating
I remember when I was working for my first mentor, Alan, when I was in my early 20s. At the time Alan was marketing the business using the good old fax machine. You could send a lot of these faxes out there to market your products and services. Back then, it was extremely profitable because it was cheap to do.
We were making a ton of money. Then suddenly one day the government said you can’t spam people with faxes anymore. That immediately killed that revenue stream, but it started another one.
We did outbound telemarketing, cold calling to bring in business. And that worked really well until the government said they were introducing a Do Not Call List, and you couldn’t call those people anymore. So as a business owner, you have to anticipate change. How do you do it?
One of the most powerful questions you can ask yourself is, What can go wrong next? What will happen if I ______? What would happen if you lost your job or if you lost your most important client? You don’t want to be overly optimistic when times are good.
You don’t want to be over confident. Similarly, when times are bad you don’t want to be overly pessimistic. Tough times don’t last, but tough people do.
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by graphics Team | Feb 26, 2019 | Podcasts
Dr. Ivan Misner is called the “Father of Modern Networking” by CNN and one of the “Top Networking Experts” by Forbes. He’s also the Founder & Chief Visionary Officer of BNI, the world’s largest business networking organization that has generated 9.1 million referrals and $13.1 billion dollars’ worth of business for its members.
In this episode, Ivan shares valuable insights into how business owners could be networking more effectively. He reveals the big mistake that many business owners are making at networking events, and the strengths of relational versus transactional networking.
In addition to his advice on farming relationships, Ivan discusses his new book, Who Is In Your Room? The room is a metaphor for all the relationships with all the people you let into your life. If everyone you invited into your life stays there forever, what would you do?
He shares actionable steps on how to build connections with the people you meet.
Ivan is a New York Times Bestselling author who has written 23 books, including Who’s in Your Room? and he has been featured in the L.A. Times, Wall Street Journal, and New York Times, as well as numerous TV and radio shows including CNN, the BBC and The Today Show on NBC.
He and his wife Elisabeth are now “empty nesters” with three adult children and in his spare time he is also an amateur magician and a black belt in karate.
In this episode, you will learn:
- 5:01 Why many business owners misunderstand the networking and referral process
- 10:52 The differences between how men and women network
- 16:44 Letting the right people in your life if you must fit them all into one room
- 19:42 The different levels of connection in your life, from acquaintances to friends
- 21:50 How the BNI networking structure creates referrals
- 27:45 How BNI saved a moving and storage business after the recession
- 38:40 The role of the BNI Charitable Foundation for children and education
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by graphics Team | Feb 25, 2019 | Podcasts
As high achievers, we all ask ourselves how can we get more done? How do we increase our output so we achieve 10x more than our peers?
Today I’m going to teach you something much more profound, more esoteric than what I usually teach. It will impact how you can 10x what you achieve in your careers. But most of you won’t understand this lesson the first time I teach it.
To do that, I’ll show you how to accomplish without accomplishing. That probably doesn’t make sense to you right now, so let me explain with an analogy.
If you watch Enter the Dragon, there was a scene when Bruce Lee was challenged by another martial artist. That martial artist asked him, “So, what’s your style?” And Bruce Lee said, “Well, my style is the art of fighting without fighting.” The opponent was baffled. What did Bruce Lee mean?
I believe when it comes to accomplishment and productivity, we go through four stages in life.
Life Happens To Me
The first stage is called, “Life happens to me,” when things happen for no reason. You’re not in control and don’t have the power to change your circumstances. You start at this stage.
Early on in my career, I was complaining about all kinds of scenarios. I didn’t like how cheap my customers were, why the government taxed me so much and why the economy was so bad. Everything was about me, me, me, me. I didn’t like the lack of control. No one does.
Later on, I realized that I had the power to change. That I could take responsibility. That evolved to stage two.
Life Happens By Me
At this stage, I realized I could change things because I was in control. If something didn’t work, I could change it, and I could do whatever it takes to get a challenge done. And that’s the same for everyone. You can make anything happen. But there’s one problem.
You get exhausted. If you’re an entrepreneur, if you’re in business, if you’re building your career, you know exactly what I’m talking about. You can take the long hours, but only to a certain point before they burn you out and you evolve to stage three.
Life Happens Through Me
This is the stage of flow. What does that mean?
It means that at this stage, you’re accomplishing, but you’re not attached to what’s happening.
Sometimes, the journey is meant to take that long because you’re meant to go through it. You’re meant to take some time. So, how can you let that go and say, “Yes, I know I’m going in the right direction, yet I’m not attached”? It’s easy to say; it’s not easy to do.
Life As Me
When you reach that realization, that’s when you reach the final stage of “Life as me.” You see everything as one. You see you are part of life and part of life is you as well. That’s more the enlightened stage. So how can you get to this stage?
People go through life, wanting to get more and more done. But when you get to stage four, you don’t have goals. I don’t have goals.
I have objectives and milestones I want to accomplish, but I actually don’t have a goal. It’s contrary to what most people and gurus talk about.
You get to this stage when you think life is now more about being. You’re operating in the state of flow, so things happen when they happen. That’s how you achieve 10x more than your peers, by accomplishing without accomplishing.
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by graphics Team | Feb 24, 2019 | Podcasts
Many people ask me for investment advice. They think that they can achieve wealth by following in my footsteps and become a multi-millionaire too. But their assumptions fail them.
You can’t make a million copies of the same T-shirt and expect a million people to look sexy and great wearing the same thing. One size does not fit all! And that’s the same with investing.
Which Investment Is The Most Profitable?
Too many people get distracted by the noise in the marketplace. There’s too many options: Bitcoin, stock market, mutual funds, real estate, gold, and oil. What is best for you to invest in?
It actually depends on many factors. Before you even talk about investing, you need to think about your income level. If you’re struggling to pay off debts, you’ll be choosing a different investment vehicle than if you are wealthy. The amount of risk you can take on is another factor.
When you are younger, you can be more aggressive with your investments. When you are older, say 40 to 50, you might want more protected capital. So choosing investments is like buying a car.
You can’t just tell me you want to buy a car and expect me to have an answer for you. I need to know if you’re driving it for leisure or business. If it’s for you or your family. All of these factors affect your final decision. So before you start to invest, you need to do your research.
Let’s start with the first question to consider.
Type Of Investor
So first you’ve got to know what type of investor you are. Are you more for growth? Capital gain? Security? Do you want dividends? All that makes a difference. Then you have to think about the investment vehicle.
I’m a real estate guy, not a stocks guy, but I have friends who do well with stocks. I don’t like the lack of control I have with stocks. With real estate, I have control of the cash flow and appreciation. So you want to think about the returns you want and your risk tolerance.
Capital Gain Investor Or Cash Flow Investor
Next, you’ve got to consider if you’re a capital gain investor or a cash flow investor. A capital gain investor buys something at a certain amount and it appreciates, so you make money on the upside.
A cash flow investor on the other hand invests in something. You are looking for consistent cash flow. I’m a cash flow investor, so for example, I know my investment is making a 10 percent return every year. If there are no changes, it will take me 10 years to get all my money back.
What Stage In Life Are You At?
The third and most important thing is the stage where you are at. If you are making less than $250,000 a year, the best investment that you can make is in yourself. Upgrade your skills and knowledge first.
When you have extra cash flow, do your research and find the right investment for you. There’s always plenty of opportunities, so invest in something you understand, and invest in yourself. That is the path to take to riches.
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