For over a decade now I have been training and mentoring people in the journey to developing leveraged and passive income, using the same business model. An email I received recently encouraged me to reflect on this experience.
To give some background, I like to use Robert Kiyosaki’s ‘cash flow quadrant’, where on the left hand side of the quadrant you have ‘E’ for employee and ‘S’ for self-employed. The Es have no control over their work or leverage income. The S have control over their work but no leverage. On the right hand side you find ‘B’ for business people, and ‘I’ for investors. They both have leverage, however the ‘I’s have passive or residual income. The great divide is leverage. On the left hand side there is no leverage. On the right hand side there is leverage.
So what’s so important about leverage? Your income is not limited to your personal exertion!
I know it’s not easy for humans to change, and moving from the left to the right hand side of this quadrant is change. In the last decade plus I have watched thousands put up their hand to ‘cross-over’ the entrepreneurial divide. They don’t all make it. That’s life. That’s human nature.
Yes, it can be hard work – developing new skills, new habits, and new beliefs. However let me share what I think is really hard.
Having a fixed income and watching cost of living rise. I think that’s hard.
Having little ability to raise your income and receiving unexpected large bills come in. I think that’s hard.
Having to turn up for work at times and places determined but other people – I think that’s hard.
Having to work with people you don’t necessarily like – I think that’s hard.
Not receiving income when you don’t turn up for work – I think that’s hard.
Worrying about the fact that if you miss days of work you will not receive income – I think that’s hard.
Falling behind on the bills because you did take some days off work – I think that’s hard.
Having to go to work knowing you are doing little more than paying the bills – I think that’s hard.
Spending more time with strangers in the work environment than with your kids or those you would prefer to spend time with – I think that’s hard.
Living with the regret you were not there at the crucial times for your kids when they were growing up because you had to go to work – I think that’s hard.
Realizing that if something were to happen to you your family would not be financially looked after because you can no longer go to work – I think that’s hard.
Getting older and realizing you will not be able to work for as long as you are alive, and wondering how you are going to support yourself and or your family in your ‘golden years’ – I think that’s hard.
Living in poverty during the final 10-30 years of your life because you can no longer work in the way you spent your life working and now there is no income – I think that’s hard.
Waking up one day to realize your adult life to date has been built on a flawed economic model – I think that’s hard.
I have also concluded that it would be lot easier to simply give seminars on how to become an entrepreneur and walk away after the 2-5 days course. After all, most do this, and the majority are conditioned to believe that this is the way to go. They go to a course on ‘business development’, and walk away with ‘all the information’ they need to succeed.
I note with interest listening to John C. Maxwell (US business leader, speaker and author) in a live presentation recently agree with my conclusions on this point – that staying with people until they achieve their success is a lot harder than giving them a course in how to do it for a few days and then walking away.
However the short term gains of taking someone’s money for a few day entrepreneur / business seminar are outweighed by the long term success of sharing the true financial success of your student.
So yes, I find some things hard also. However like most things in life hard is on a continuum. And I find ‘working for a living’, ‘working for money’, harder than creating a purpose based life for yourself and your family through entrepreneurial development which includes guiding others to share your entrepreneurial breakthroughs.
Showing posts with label Personal Develolpment. Show all posts
Showing posts with label Personal Develolpment. Show all posts
Thursday, August 23, 2012
Sunday, September 12, 2010
The New 'Solution'
The new health and freedom 'Solution' DVD really is a solution for anyone in growing their business!
Why?
1.The Solution offers SO MUCH LEVERAGE! Anyone can put a DVD in a DVD player and press play...
2. We can put as much or as little of our own personality into each 'viewing'...
3. The skills required to present our business have just dropped big time...
4. The online tools have just improved big time...
5. Now we can offer 'viewings' instead of 'presentations'...
Get the Solution, get everyone you know to watch it, get those keen going, get paid, get busy building your business and get busy doing the same with your new team members!
Why?
1.The Solution offers SO MUCH LEVERAGE! Anyone can put a DVD in a DVD player and press play...
2. We can put as much or as little of our own personality into each 'viewing'...
3. The skills required to present our business have just dropped big time...
4. The online tools have just improved big time...
5. Now we can offer 'viewings' instead of 'presentations'...
Get the Solution, get everyone you know to watch it, get those keen going, get paid, get busy building your business and get busy doing the same with your new team members!
Wednesday, May 12, 2010
Who do you learn from and listen too?
It's an interesting question and an even more interesting answer for many people!
To provide some perspective I'll share some of my influences.
When it comes to health I value people such as Dr Linus Pauling, Dr Myron Wentz and Western A Price to name a few. In Linus Paulings case, he is the only person in history to win two unshared Noble Prizes and one of them was for Orthomelecular Medicine, which is basically the science of taking supplements!
When it comes to personal development I value people such as Dr Denis Waitley, Jim Rohn and Les Brown. Two of these people I've seen live more than once and the other impacted the world massivley during his time on this planet...
When it comes to business and financial development I value people such as Donald Trump, Robert Kiyosaki and Brad Sugars. When a billionaire and multi millionaire repeatedly recommend network marketing as the business model that provides anyone committed with the time and financial freedom most dream of, they are speaking from many years of business experience!
People I don't allow to influence me are anyone with a job, anyone time poor, in debt, trades most of their time for money, etc and this may or may not include close friends and family.
Who do you currently allow to influence you?
And how much is that costing you?
To provide some perspective I'll share some of my influences.
When it comes to health I value people such as Dr Linus Pauling, Dr Myron Wentz and Western A Price to name a few. In Linus Paulings case, he is the only person in history to win two unshared Noble Prizes and one of them was for Orthomelecular Medicine, which is basically the science of taking supplements!
When it comes to personal development I value people such as Dr Denis Waitley, Jim Rohn and Les Brown. Two of these people I've seen live more than once and the other impacted the world massivley during his time on this planet...
When it comes to business and financial development I value people such as Donald Trump, Robert Kiyosaki and Brad Sugars. When a billionaire and multi millionaire repeatedly recommend network marketing as the business model that provides anyone committed with the time and financial freedom most dream of, they are speaking from many years of business experience!
People I don't allow to influence me are anyone with a job, anyone time poor, in debt, trades most of their time for money, etc and this may or may not include close friends and family.
Who do you currently allow to influence you?
And how much is that costing you?
Friday, April 9, 2010
Where's the money going?
As I put the time in collating and reporting the data for our organizations 1st Qtr Report, 2010, it came to me.
Perhaps some have contracted their expecations on what our current economic climate can deliver. Which led me to this question?
Where's the money gone?
Has it disappeared? Is someone or something eating it up, like a bug may a piece of fruit?
Well, no. The same amount of money is in the world as it was a few years ago.
In fact, with the governmens printing more money, there is actually more in circulation.
So in answer to the question above - it hasn't gone anywhere!
Which leads to the next question -
Where's is it flowing then?
Because it is flowing still....
Its flowing to whoever stands up and claims it!
Do you need to have certain qualifications to do this? Do you need to be 'connected'? Do you need to be born into money?
NO! The money will and does flow to whoever decides they deserve it and takes the action to receive it!
We are in a period that Robert Kiyosaki describes as the 'greatest redistribution of wealth' ever in the modern history of our world.
Sure, there are many who believe there is 'less money' around. If you realize that's not possible - then the only question that remains is -
Are you going to learn the rules of the game to recieve the flow of money more than before, in this new world, or are you going to be part of the masses who 'know' they are 'right' when they tell themselves to shrink their expecatations of what they can/will/do receive because 'there is less money in the economy at the moment'....
Perhaps some have contracted their expecations on what our current economic climate can deliver. Which led me to this question?
Where's the money gone?
Has it disappeared? Is someone or something eating it up, like a bug may a piece of fruit?
Well, no. The same amount of money is in the world as it was a few years ago.
In fact, with the governmens printing more money, there is actually more in circulation.
So in answer to the question above - it hasn't gone anywhere!
Which leads to the next question -
Where's is it flowing then?
Because it is flowing still....
Its flowing to whoever stands up and claims it!
Do you need to have certain qualifications to do this? Do you need to be 'connected'? Do you need to be born into money?
NO! The money will and does flow to whoever decides they deserve it and takes the action to receive it!
We are in a period that Robert Kiyosaki describes as the 'greatest redistribution of wealth' ever in the modern history of our world.
Sure, there are many who believe there is 'less money' around. If you realize that's not possible - then the only question that remains is -
Are you going to learn the rules of the game to recieve the flow of money more than before, in this new world, or are you going to be part of the masses who 'know' they are 'right' when they tell themselves to shrink their expecatations of what they can/will/do receive because 'there is less money in the economy at the moment'....
Monday, March 22, 2010
weekly teleconference calls
Each week DTI team members catch up on a conference call line to receive guidance, the latest happenings, share their experiences and be part of a master mind group as Napoleon Hill would say.
It's generally accepted we're a product of our environment and it's been great to be part of these master mind groups and this environment for close to 6 years. Tonight alone, we had team members from Canada, Europe and various cities around Australia master minding, being part of a fantastic environment and planning business and income for this coming week.
And now with the DTI facebook page, twitter page and our existing private forum for team memebrs, the leverage of the DTI's environment continues to grow!
It's generally accepted we're a product of our environment and it's been great to be part of these master mind groups and this environment for close to 6 years. Tonight alone, we had team members from Canada, Europe and various cities around Australia master minding, being part of a fantastic environment and planning business and income for this coming week.
And now with the DTI facebook page, twitter page and our existing private forum for team memebrs, the leverage of the DTI's environment continues to grow!
Friday, March 19, 2010
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