Friday, April 24, 2015

How To Create Real Wealth"

I'd like to share something with you 
that will prove profound in nature 
where wealth creation is concerned.

Let me share with you a quick story 
that will bring our points to light...

When I first tasted success in my 
little online business, the WAY that 
I created that initial seed of 
success, was by NOT following the 
status quo (no surprise).

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I saw all the big downline reports, 
and I LEARNED that this success was 
created by buying and calling leads. 
This method didn't work for me. It 
almost destroyed my credit.

Yet the goal remained strong. I 
wasn't willing to quit.

I decided to change the method by 
which I was to reach my goal. I 
didn't have success calling leads 
so I didn't.

I added leverage to the equation. 
Instead of buying and calling leads, 
I decided to generate my own online.

This ONE change was the first THE 
game changer for me.

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Instead of trying to call and 
"convince" people to join my 
business I put myself in a business 
designed to allow them to convince
themselves without me being there.

I knew that if I could just get 
enough people to convince themselves 
I'd succeed.

I was right.

A couple years and 8,471+ some odd 
people later I had achieved my goal 
without calling a soul. (Later I 
leveraged this same method into much 
larger organizations must quicker,
but that's a story for later)

I realized that for this methodology 
to work, it wasn't about me being 
better at selling, rather it was 
about me FINDING as many people as 
I could who would be most likely to 
say yes.

That's what I focused on. Getting 
good at finding those people.

That's lesson #1 - Flexibility Of 
Modality

Setting goals is important, but 
don't handcuff yourself to the 
method by which you shall achieve 
your end.

There's often, a better, smarter, 
and easier way to go about getting 
what you want if you allow for it.

What I see most people faltering at 
is simultaneously with setting a 
goal (no fault there), almost 
instinctively locking themselves 
into "HOW" that goal must be 
achieved. This is wrong.

Once you learn to be flexible in 
the manner in which that goal can 
be obtained you will find yourself 
hitting that goal far more readily 
and with far greater ease.

To this day when I set new goals 
for myself I often plot multiple 
paths to achievement based on my 
knowledge base and experience.

You should follow suit.

As they say "there's more than one 
way to skin a cat"

On to lesson #2, which is even more
imperceptible but far more powerful 
for your personal long term wealth 
creation goals once realized.

This one, you'll take with you, no 
matter what you do for the rest of 
your life. It's applications are 
truly universal.

Once I had my first "taste" of 
success, here's what mattered more 
than anything else...

After I amassed a team through my 
own efforts, the first thing that 
I did was I turned around and 
started a marketing co-op where I 
and the rest of our team pooled our
money together to take advantage of
advertising opportunities none of 
us could have accessed individually.

We all pooled our money together to 
advertise in bulk.

As a result, our individual loses 
were minimized, we all reaped the 
rewards of the successes uniformly, 
and we simply got more traffic and 
leads because our combined buying
power got us wholesale prices on 
our advertising.

In other words, we had more success 
simply because combined we spent 
more and got more for it and grew 
steadily past the 8,471 person mark 
because of this.



Now here's where things get interesting.

The whole time we grew, I put my 
money back into two things:

1. Paying down past debt
2. Our current successes

Why?

Getting rid of debt buys you 
freedom and recycling your profits 
into winners begets more profits.

This is a powerful positive feedback 
loop that you'll find the wealthiest 
among us leveraging routinely (yet, 
not speaking much to it).

Creating freedom and then proactively 
turning over profits into more profits 
is the definition of wealth creation.

Write that one down.

I think the examples we see of people 
buying fancy cars or taking crazy 
expensive vacations are horrible 
ideals for what removing yourself 
from financial bondages really buys 
you.

Too many people turn a quick profit 
and just as quickly spend that money 
frivolously on "experiences" to 
"reward" themselves NOW, but the 
smartest do the opposite.

Lesson #2 - Recycle Profits 
Aggressively To Grow Wealthy Later

True wealth creators don't play a 
game of how can I look cool or feel 
rich with my money, they play a game 
of how can I take this profit and 
turn it into more profits.

The faster you can take your profits, 
spend them (recycle them), to create 
more profits the wealthier you will 
become long term.

It's a habit like anything else and 
it's based on simple math...

If I make $100 today and use $50 of 
it to do something cool, I've just 
cut my future profit potential in 
half, but if, I on the other hand...

Take that $100 profits and focus my 
efforts and buying power on turning 
it into another $100 profits I've 
just doubled my wealth again.

That's why I put every dollar I made 
in those early days into either 
getting rid of debt or our team co-op. 
That co-op was the most powerful 
wealth creation asset I could buy at
the time.

While others bragged about "cool" 
trips or nice cars they purchased 
I bought wealth instead. So should 
you.

Why do the best seem to make money 
so easily?

They understand the way wealth is 
created and now you do too.

Remember this for the rest of your life.

Recycled profits create leveraged 
profits and leverage profits create 
wealth.

The faster you recycle a dollar of 
profit into two dollars of profit, 
and the faster you can complete that 
cycle over and over again the more 
wealth you'll create now and later.

Now Stop.

Take a deep breath and let it all 
soak in for a second, but we're not 
done yet.

There's still the keystone that 
pulls all this together that needs 
to be explored, so focus back in...

We know that setting goals, but 
being open enough to accept 
different paths to achievement of 
said goal is step #1, and that 
proactively and aggressively 
recycling profits back into more 
profits gets the wealth creation 
feedback cycle rolling, but we 
haven't discussed what makes a 
good profit investment, an ok 
profit investment, and what
makes a bad profit investment.

It's important we spend a few 
minutes on these so your ship to 
wealth is assured to sail.

Bad assets are all things that 
depreciate or have no tangible 
value. Things like the proverbial 
fancy car.

Mediocre assets are things that do
appreciate, but are neither liquid 
nor createa high return on 
investment. The most glaring example 
(if you know anything about me) is
property.

Exceptional assets for "us" as
entrepreneurs are simple.

1. Our niche specific education
2. Our marketing know how
3. Anything that builds your list

We live in an information age.

Ideas are our currency. Those with 
the bestideas (those ideas that 
help the most people in our specific 
niche) and that get those ideas out 
to the largest number of those who 
seek them have the highest profit 
potential and hence the highest 
wealth creation potential.

That is where ALL your leverage 
lies and where you'll create the 
fastest profit recycling potential.

Make money, eliminate your debts, 
recycle your profits into YOU so 
your know how can solve problems 
for and enrich others and create 
massive profits now and ever flowing
wealth for YOU later.

Then build a list of "loyal", happy 
followers, and never a day will 
money not flow to you. 


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