13Apr

The Success Paradox..

There’s a paradox to success in business.

When you’re already successful, you’re better positioned to have more success. You have the mindset to succeed because you’ve already proven you can do it. Plus, your prospects can see that you have a proven track record.

But before you’re already successful, you’re not as well positioned for success. Your mind is full of doubt, and prospects are more reluctant to buy from you because you have no track record.

How do you find your initial success without already being successful?

In this video, filmed at the SuperCharge Summit in London, Paul Dunstan talks about how to position yourself for success before you’re successful.

GETTING THE RIGHT MINDSET

First of all, you must instil the right mindset in yourself. This will come from having a proven track record, but it can also come from reading the right books and consuming the right information.

Here are some of the books that should be on your shelf:

* Rich Dad, Poor Dad
* The Slight Edge
* The One Thing
* Secrets of the Millionaire Mind

Don’t just read them once. Read them again and again, to instil the right mindset in yourself. The same goes for the audio you listen to. Listen to uplifting messages, not the 24-hour news.

Your thoughts, whether positive or negative, will show when you’re communicating with customers. They want to work with someone who is confident and capable, not doubting and gloomy.

FULLY COMMIT TO YOUR BUSINESS

If you’re only dabbling in your business as a hobby on the side of your job, and you only work an hour or two on the days that you feel like it, you’re not positioned for success.

Mindset alone is not enough. No matter how enthusiastic and excited you are about your success, it won’t get you anywhere if you’re just relying on hope.

The mindset and the commitment level are the only things that separate someone who starts a business and makes nothing, from someone who makes $100,000 in their first year.

You can access more beginner business strategies like this one, and learn how to model the “thinking patterns” of the world’s most successful business owners and entrepreneurs, in the MOBE Silver Masterclass. To learn more about the Silver Masterclass, click HERE.


No house is ever built without a plan. Before you even lay the foundations, you get an architect or draftsman who draws up the plan.

The plan tells you everything. It tells you where the foundations will go, what direction the house faces, how the plumbing system works, where to place the walls, where the bathroom and kitchen will go and everything in between.

Only when the plan is complete do you start building the home.

All successful business owners approach their business in the same way. They carefully plan out everything and they know what they’re going to do before they do it.

In this video, filmed at the Real Estate Investing Summit during the Titanium Mastermind in the Dominican Republic, Stephen Michael Miller talks about the importance of having a plan.

DO YOU HAVE A PLAN?

When you’re building a house, it’s necessary to factor every change into the plan. If you get mid-way through the build, and you decide the kitchen window is in the wrong place, can you move it?

You can, but only if you go back to the architect and amend the plan.

The plan is crucial. If you don’t factor your actions into the plan, how will you know whether they might have adverse consequences?

With internet marketing, there’s a lot of appeal in the ability to make changes fast and on the fly. But that can be a curse as well as a blessing, because it means that it’s a lot easier to break things.

What if you have a marketing campaign that’s consistently bringing you leads and sales, you spontaneously decide to change it and try something new, and all of a sudden, your lead generation slows to a trickle and cash stops flowing into your business?

Especially as your business becomes bigger and you have customers to serve and staff to pay, it becomes more and more important to operate according to a plan.

WHAT TO PLAN FOR

One hour every day is necessary to sit down and plan for the future of your business. Write down your ideas for future products and innovations, as well as any concerns your company has to face and any threats you need to anticipate and/or respond to.

More important, taking time out to plan for the future helps you to stay ahead of the competition. When you start getting success, it’s easy to settle back into a routine and get comfortable.

The final benefit of planning is that it helps you stay lean and efficient. When you make things up as you go along, it’s easy to overhire, overspend on marketing and dilute your margins. When you’re operating by a plan, problems like this will stand out on the paper, ready for you to solve.

The MOBE Titanium Mastermind goes into more depth on this topic. Members learn how to plan for the future and scale their businesses through successive revenue ceilings. To learn more about the Titanium Mastermind, click HERE.


 No one wants to be an unhealthy, obese and stressed out millionaire.

Good health is just as important as good finances. Plus, you won’t be able to think as clearly and perform at your best when you build your business if you’re not in physical and mental shape.

There are three components to good health: mental health, physical health and emotional/spiritual health.

In this video, filmed at the Titanium Mastermind in the Dominican Republic, Tom Beal talks about how to work on all three to become a more successful entrepreneur.

 

HOW IS YOUR MENTAL HEALTH?

When we talk about health, we usually start thinking about physical health.

But having a lot of money with a lot of mental distress is just as bad as having money and being physically unhealthy, or having a lot of money but suffering from bad relationships.

We all know of friends and family who deal with mental health issues, even if they’re not of the more serious variety.

Perhaps they’re easily stressed or always anxious. Maybe they’re not fully present when talking to you, and they are thinking about other things or looking at their phone.

YOU DON’T HAVE TO BE A HEALTH “FREAK”

Not only is good health a reward in itself, but it also becomes a pre-requisite for good business success. This is especially true as you build up your company to bigger numbers, more staff and more customers.

Being fit and healthy affects the way you think. There’s a lot of pressure and responsibility when you’re the CEO of a company, and you must stay sharp. Wrong decisions can cost you a lot of money.

If you’re not a health “freak,” the pressure can be intimidating. But taking small steps to improve your health is better than doing nothing at all.

If you can’t work out 7 days a week, then aim for 5 or 6. Just going for a run outside and taking regular breaks from your computer is better than nothing at all. If you don’t have the time to prepare healthy food, invest in a NutriBullet or get healthy meals delivered.

Being a health “freak” isn’t for everyone, but you don’t need a degree in health science to take simple and common-sense improvements to your daily routine.

You can access more beginner business strategies like this one, and learn how to model the “thinking patterns” of the world’s most successful business owners and entrepreneurs, in the MOBE Silver Masterclass. To learn more about the Silver Masterclass, click HERE.

Business is a lot like sports, especially team sports.

You must always give 100% of your effort. You must act true to your beliefs. Whatever you claim your beliefs are, you must behave in accordance with them.

Most significantly, the game continues even when you feel like quitting. You have to keep your head in the game, or your competitors will overtake you.

In this video, filmed at the Titanium Mastermind in Jamaica, Mike Williams talks about the similarities between business and sports.

A STORY OF HIGH SCHOOL FOOTBALL

Mike Williams played high school football in Texas, where high school football is taken very seriously. In that kind of culture, losing and being beaten is not a good feeling.

In those days, Mike learned the acronym WIN, which stands for “what’s important now.”

In other words, you can’t afford to be thinking about what happened 10 minutes ago. If you do, you’ll give your competitors the chance to overtake you. Instead, you need to be focused on what’s important right now.

During one game, when Mike’s team was being pounded by their competition, Mike got knocked over by an opposing player who was solid rock with not an ounce of fat.

For the rest of the game, Mike struggled to focus on what was important, because he was constantly worried about avoiding that guy.

KEEP YOUR HEAD IN THE GAME

Any time you have a failure in business, if you’re not careful, it will affect how you behave and perform in the future. It will stick around in your thoughts.

You have to fight this and focus on what’s important now. It doesn’t matter whether you won or lost the last game. That has no effect on what you’re doing right now, unless you let it.

Keep your head in the game. In both sports and business, the way to win is to stay focused on the current situation instead of dwelling on past failures.

You can access more beginner business strategies like this one, and learn how to model the “thinking patterns” of the world’s most successful business owners and entrepreneurs, in the MOBE Silver Masterclass. To learn more about the Silver Masterclass, click HERE.