Saturday, April 29, 2017

The Importance of Networking & Masterminding
Written by Jack Canfield

While you may be able to create tremendous success on your own, traveling the path of success with networking groups makes the journey more enjoyable.

Plus, the added accountability will propel you to success faster and further than you originally envisioned. This is where the importance of networking and masterminding comes into play.

It’s Not Just What You Know, It’s Who You Know
Success is a team sport.

It’s not what you know, it’s also who you know.

In my career, success in any undertaking has come down to not just who I know—but also who I have on my team.

Along the way, I’ve learned many success principles that can help you build your own network of influencers, mentors, and experts. Developing a business network of people can help you succeed.

Nurture Your Network
One of the most important skills for success in today’s world, especially for entrepreneurs and business owners, is networking.

In my life, this has proven to be true.

The more time I have spent consciously building and nurturing my business network of advisers, colleagues, clients, students and fans, the more successful I have become.

Businesses and careers are built on relationships. Relationships form when people meet and interact with each other in an authentic and caring way.

Effective Networking is Dependent on Trust
Statistics confirm over and over that people prefer to do business with people they know, respect, and trust.

"Effective networking is all about developing relationships."

In creating your own personal network groups, your job is to seek out people who know things you don’t. These people can help you connect where you can’t.

Developing Relationships Takes Time
Initially, your goal shouldn’t be to make a sale. Instead, it should be to seek advice, connections, recommendations and insights. To the extent that you can provide something in return, do so.

Remember that developing genuine relationships takes time and consideration.

It requires careful thought and a mindfulness for others.

Three Steps to Building a Reliable Networking Group
Think of these three steps:
  1. Visibility
  2. Credibility
  3. Profitability
First show up, participate, and get seen,

Second, ask others how you can help them and then deliver on their requests if you can.

Then, when you have developed a relationship of trust and service, you can ask for referrals and assistance.

Two Heads Are Better Than One
Networking and building meaningful relationships with others brings success quickly.

This is where mastermind groups come in.

We all know that two heads are better than one when it comes to solving a problem or creating a result.

Imagine having a permanent group of five or six people who meet once every week or two to problem solve, brainstorm, network and motivate each other.

This is masterminding.

The Basic Philosophy of Masterminding
The basic philosophy of a mastermind group is that more is achieved in less time when people work together.

A mastermind group is made up of people who come together on a regular basis (weekly, biweekly, or monthly) to share ideas, thoughts, information, feedback, contacts, and resources.

Getting the perspective, knowledge, experience, and resources of the others in the group greatly expand your own view of the world. It can also advance your own goals and projects more quickly.

Find People Outside of Your Field
When you form your mastermind group using your networking skills, consider bringing in people from different professional arenas.

Find people who are “above” or “ahead” of you professionally or financially. These people can introduce you to a network of people and resources you normally wouldn’t have access to.

Though the benefits of masterminding with people outside your field may not seem obvious now, the truth is that we all tend to get stuck in our own field of expertise.

We see through the same narrow lens and do things the same way everyone else in our industry does.

Build Your Own Mastermind Group
When you assemble people from different industries, professions, or fields of study, you get lots of different perspectives on the same subject.I don’t know anybody who has become super successful without employing the principles of both networking and masterminding.

I don’t know anybody who has become super successful without employing the principles of both networking and masterminding.

This is because building meaningful relationships with others both inside and outside of your field of expertise forms valuable connections and expands your resources.

You never know when these connections will come in handy on your journey to success.

Take Action
Make a list of 5-6 people who you know that you could potentially build a mastermind group with, and ask them if they are interested.

One of the most powerful ways to learn anything is to teach it to others. That's why having a mastermind is so important.

Teaching forces you to clarify your ideas, confront inconsistencies in your own thinking, and more closely walk your talk. But most importantly, it requires you to read, study and speak the information over and over again. The resulting repetition reinforces your own learning.

Jack Canfield, America's #1 Success Coach, is founder of the billion-dollar book brand Chicken Soup for the Soul©Inspirational Books)© and a leading authority on Peak Performance and Life Success. If you're ready to jump-start your life, make more money, and have more fun and joy in all that you do, get FREE success tips from Jack Canfield now at: www.FreeSuccessStrategies.com/.

Sunday, April 23, 2017

How to Leverage Your Income with Overrides

A little-known fact in life is that one of two things is happening every time you get paid: you are either overriding people and getting wealthy or someone is overriding you and you are helping them get wealthy.

For instance, let’s say your employer is paying you $36,000 a year. What do you think he needs to be making off your efforts in order to afford to pay you $36,000 a year? The answer is, at least double, but probably around $100,000 would be more realistic. So, if he is making $100,000 on your efforts and he is paying you $36,000 then he is probably actually paying you more like $40-something thousand because of social security and all those other things that you are not aware of that he is paying. On top of that, with all of the benefits and taxes that he has to pay on your account, you are probably costing him around $50,000 per year.

So, if he makes $100,000, then the difference from what you cost him and what he makes is $50,000! That $50,000 is his override on you.

If you are an employee you are being overridden – everybody! Even if you are making $200,000 - you’ve got to be worth a lot more than $200, 000 for somebody to pay you $200,000! So, you are being overridden right now too.

Now, think about your employer, are you his only employee? How many employees are there at your work – about one hundred? So, let’s say he’s making $50,000 per employee in overrides. What’s he making? A lot of money, right? He is taking advantage of what is called leverage. That’s why being a business owner is better than being an employee, because now you can start leveraging your time and energy.

“I would rather earn 1% off a 100 people's efforts than 100% of my own efforts.” ~ John Paul Getty

Making 100% off 1 person’s effort is the most unstable form of income this planet has ever known, yet it is sold with a false sense of security. Most people think that they have security when they have a job. However, the problem is, you don’t own your job and it can be taken away from you at a moment’s notice. You have absolutely no control and 100% of your income is off your efforts. That is why it is a false security.

True security is having a thousand people who you are overriding.

Overrides are the most stable form of income. Overrides don’t get sick; they don’t get hurt; they don’t die; they don’t get laid off and they can work 24/7/365.

The bad news is that 95% of Americans are employees and are being overridden while only 5% of Americans are business owners who are doing the overriding. The good news is that America is the Land of Opportunity. It’s not too late to get yourself in position to start a business, perhaps even on a part-time basis, and plant the seeds to creating a stream of overriding passive income where, as your income grows, you can lessen your dependency on having to have a boss or having to have a job.

I'm so excited to share this information with you. If you have enjoyed the information or feel that it would benefit someone else, please share it. If you have any comments, please post them below, otherwise, feel free to contact me.

Sunday, April 16, 2017

Why You Should Be a Student of Your Own Life
Written by Jim Rohn

One of the ways we learn how to do something right is simply by doing it wrong.

Let me share with you two of the best sources of information available.

1. Your Own Experiences
Become a good student of your own life. It’s the information you are most familiar with and feel the strongest about, so make your own life one of your most important studies.

In studying your own life, be sure to study the negative as well as the positive, your failures as well as your successes. Our so-called failures serve us well when they teach us valuable information. They’re frequently better teachers than our successes.

One of the ways we learn how to do something right is simply by doing it wrong. Doing it wrong is a great school for learning, but I would suggest that you not take too long doing this. If you’ve done something wrong for 10 years, I wouldn’t suggest taking another 10. But what a close-at-hand and excellent way to learn: from your own experiences!

When I met my mentor Mr. Shoaff, I had been working for six years. I started when I was 19, and when I met him, I was 25. He said to me, “Mr. Rohn, you have been working now for six years. How are you doing?” I said, “Not very well.” He said, “Then I suggest you not do that anymore. Six years is long enough to operate with the wrong plan.”

Next he asked, “How much money have you saved in the last six years?” I said, “Not any.” He said, “Who sold you on that plan six years ago?” What a fantastic question! Where did I get my current plan that wasn’t working well? Everyone has bought someone’s plan. The question is whose? Whose plan have you bought?

Those initial confrontations might be a little painful at first, especially if you have made as many errors as I have. But think of the progress you can make when you finally confront those errors by becoming a better student of your own life.

2. Other People’s Experiences
Remember, you can learn from other people whether they have done things right or wrong. You can learn from the negative as well as the positive. Some human stories are called examples: Do what these people did. Other human stories are called warnings: Don’t do what these people did. What a wealth of information: knowing what to do and what not to do. If your story ever gets in somebody’s book, make sure they use it as an example, not a warning.

There are a couple ways to learn from other people.

Read all the books by and about people who have accomplished great things. All the successful people around the world I know and work with are good readers. They just read, read, read. They are driven to read because they just have to know. It is one of the things they all have in common.

Successful people also listen to audiobooks, especially while they’re in their cars or during other times when they can’t read. Audio can help all of us easily pick up new ideas and skills—like how to be strong, more decisive, a better speaker, a more effective leader, have a better effect on other people, become more loving, develop a more winning personality, get rich, develop persuasive influence, become sophisticated…. And people don’t utilize these resources.

So many successful people have written their stories in books and told the world how they became successful, and most people don’t want to read or listen to them. How would you explain that? They’re busy, I guess. They say, “If you worked where I work, you’d know that by the time I struggle home, it’s late. I’ve got to have a bite to eat, watch a little TV and go to bed. I can’t stay up half the night and read.”

Imagine someone who is behind on the bills. He’s a good worker and very sincere. Unfortunately, you can be sincere and work hard all of your life and wind up broke, confused and embarrassed. You’ve got to be better than a good worker. You’ve got to be a good reader and a good listener. You don’t have to read or listen to educational programs half the night—although, if you’re broke, it’s a good place to start. All you need are just 30 minutes a day. That’s all. Stretch it to an hour if you can, but set aside at least 30 minutes.

Hear or read something challenging, something instructional, at least 30 minutes a day, every day. Miss a meal, but not your 30 minutes. You can get along without some meals, but you can’t get along without some ideas, examples and inspiration.

There’s a biblical phrase that says, “Man cannot live on bread alone.” The most important thing aside from bread is words. Words nourish the mind; words nourish the soul. Humans have to have food and words to be healthy and prosperous. Make sure you have a good diet of words every day. And remember that to properly feed the mind, you must maintain good balance. Don’t just read or listen to the easy material. You can’t live on mental candy.

With good books and programs, you can “tap into the treasure of ideas.” And if somebody has a good excuse for not tapping into the treasure of ideas for a least 30 minutes every day, I’d like to hear it. You wouldn’t believe some excuses I’ve heard.

I say, “John I’ve got this gold mine. I’ve got so much gold. I don’t know what to do with it all. Come on over and dig.” John says, “I don’t have a shovel.” I say, “Well, John, let’s get you one.” He says, “Don’t you know what they want for shovels these days?”

John has the wrong perspective. Don’t make the same mistake. Invest the money, get the programs and books. The best money you can spend is money invested in your self-education. Don’t shortchange yourself when it comes to investing in your own better future.

Jim Rohn, America's Foremost Business Philosopher, reprinted with permission from Jim Rohn International © 2017. As a world-renowned author and success expert, Jim Rohn touched millions of lives during his 46-year career as a motivational speaker and messenger of positive life change. For more information on Jim and his popular personal achievement resources or to subscribe to the weekly Jim Rohn Newsletter, visit www.JimRohn.com.

Sunday, April 9, 2017

Are You Lying to Yourself?
Written by Jack Canfield

The person most likely holding you back from success is you.

How? Self-deception. Lying to yourself is the simplest way to ignore the challenges and situations that push you to achieve more.

Today, I’m going to talk to you about how to get out of denial and come to terms with the things that are holding you back from success.

Face What Is Not Working in Your Life
If you are going to be successful, you have to get out of denial and face what isn’t working in your life.

Do you make excuses for the lack of results in your business or your career? Do you defend or ignore how toxic your work environment is?

Maybe you make excuses for a bad marriage? Are you in denial about your lack of energy, your excess weight, your ill health, or your level of physical fitness?

Successful people face these circumstances head on. They heed the warning signs and take appropriate action, no matter how uncomfortable or challenging it might be.

How to Recognize Denial
What does denial look like?

Though some situations in our lives can be uncomfortable, embarrassing, and painful, we often live with them. Worse, we hide them behind myths, accepted views, and platitudes.

We don’t even realize we are in denial.

We use phrases such as, “It’s just what guys do.” “You can’t control teenagers these days.” “He’s just venting his frustrations.” “It’s got nothing to do with me.” “It’s none of my business.” “It’s not my place to say.” or “I don’t want to rock the boat.”

Lying to Yourself is NOT the Easy Route
Occasionally, we'll even pretend a situation is working when it isn't. We don't realize that if we acknowledge the bad situation sooner, it is often less painful to resolve.

Acknowledging the situation is cheaper, and the circumstances might be more beneficial. Likewise, the problems would be easier to solve and we could be more honest with everyone concerned. In turn, we would feel better about ourselves, and we would certainly have more integrity.

The problems would be easier to solve and we could be more honest with everyone concerned. In turn, we would feel better about ourselves, and we would certainly have more integrity.

But in order to accomplish this, we have to get past our denial.

Acknowledge the Bad Situation
Successful people are more committed to finding out why things are going wrong and fixing them. They do not defend their own position or maintain their ignorance.

A big part of not lying to yourself is recognizing bad situations and then doing something about them.

Often denial is the notion that something even worse will happen if you stop lying to yourself and take corrective action.

In other words... We’re afraid to face the truth.

Solutions Do Not Always Require Drastic Change
Therapists can tell you that in spite of overwhelming clues that their spouse is having an affair, many patients will not confront their cheating partner.

They simply don’t want to face the fact that the marriage might be over.

It could be they don’t want to deal with the emotional stress and the physical inconvenience of a divorce. Or they don’t want to deal with the financial upheaval or the possibility that they might have to move or get a job.

Many of the situations I described may require drastic changes in how you live, work, and relate to others. Remember that the solution to your problems isn’t always to quit your job, get a divorce, fire the employee, or ground your teenager.

It may be more productive to choose less extreme alternatives.

These alternatives can be a discussion with your boss, marriage counseling, setting boundaries with your teenager, coworkers, friends and family, scaling back your expenditures, or seeking competent professional help.

Face Your Fears and Take Action
Of course, these less drastic solutions still require you to face your fears and take action.

But you have to face what isn’t working first.

The good news is that the more you face uncomfortable situations, the better you get at it. When you face one thing that isn’t working, the next time you face a challenge, you are more likely to take immediate action.

And the sooner you take action, the easier it is to handle.

Choose an Area of Your Life to Improve
As usual, I want to leave you with a bit of homework to complete. Take the time right now to make a list of what isn’t working in your life.

Start with the seven major areas where you would normally set goals:
  1. Financial
  2. Career or Business
  3. Free Time or Family Time
  4. Health and Fitness
  5. Relationships
  6. Personal Growth
  7. Contribution or Making a Difference
Make a Plan
Ask yourself:

“What’s not working? How can I improve it? What requests can I make? What action steps can I take to get each of these situations to work out the way I would like them to?”

Do you need to talk to someone? Call a repair person? Ask someone for help? Learn a new skill? Find a new resource? Read a book? Call an expert?

Just choose one and make a plan to fix it. Hold yourself accountable, and decide at least one thing you’re going to fix right now.

Jack Canfield, America's #1 Success Coach, is founder of the billion-dollar book brand Chicken Soup for the Soul©Inspirational Books)© and a leading authority on Peak Performance and Life Success. If you're ready to jump-start your life, make more money, and have more fun and joy in all that you do, get FREE success tips from Jack Canfield now at: www.FreeSuccessStrategies.com/.

Sunday, April 2, 2017

The Formula for Success (and Failure)
Written by Jim Rohn

Failure is not a single, cataclysmic event. We do not fail overnight. Failure is the inevitable result of an accumulation of poor thinking and poor choices. To put it more simply, failure is nothing more than a few errors in judgment repeated every day.

Now why would someone make an error in judgment and then be so foolish as to repeat it every day? The answer is because he or she does not think that it matters.

On their own, our daily acts do not seem that important. A minor oversight, a poor decision, or a wasted hour generally doesn't result in an instant and measurable impact. More often than not, we escape from any immediate consequences of our deeds.

If we have not bothered to read a single book in the past 90 days, this lack of discipline does not seem to have any immediate impact on our lives. And since nothing drastic happened to us after the first ninety days, we repeat this error in judgment for another ninety days, and on and on it goes. Why? Because it doesn't seem to matter. And herein lies the great danger. Far worse than not reading the books is not even realizing that it matters!

Those who eat too many of the wrong foods are contributing to a future health problem, but the joy of the moment overshadows the consequence of the future. It does not seem to matter. Those who smoke too much or drink too much go on making these poor choices year after year after year... because it doesn't seem to matter. But the pain and regret of these errors in judgment have only been delayed for a future time. Consequences are seldom instant; instead, they accumulate until the inevitable day of reckoning finally arrives and the price must be paid for our poor choices—choices that didn't seem to matter.

The Formula for Failure
Failure's most dangerous attribute is its subtlety. In the short term those little errors don't seem to make any difference. We do not seem to be failing. In fact, sometimes these accumulated errors in judgment occur throughout a period of great joy and prosperity in our lives. Since nothing terrible happens to us, since there are no instant consequences to capture our attention, we simply drift from one day to the next, repeating the errors, thinking the wrong thoughts, listening to the wrong voices and making the wrong choices. The sky did not fall in on us yesterday; therefore the act was probably harmless. Since it seemed to have no measurable consequence, it is probably safe to repeat.

But we must become better educated than that!

If at the end of the day when we made our first error in judgment the sky had fallen in on us, we undoubtedly would have taken immediate steps to ensure that the act would never be repeated again. Like the child who places his hand on a hot burner despite his parents' warnings, we would have had an instantaneous experience accompanying our error in judgment.

Unfortunately, failure does not shout out its warnings as our parents once did. This is why it is imperative to refine our philosophy in order to be able to make better choices. With a powerful, personal philosophy guiding our every step, we become more aware of our errors in judgment and more aware that each error really does matter.

Now here is the great news. Just like the formula for failure, the formula for success is easy to follow: It's a few simple disciplines practiced every day.

The Formula for Success
Now here is an interesting question worth pondering: How can we change the errors in the formula for failure into the disciplines required in the formula for success? The answer is by making the future an important part of our current philosophy.

Both success and failure involve future consequences, namely the inevitable rewards or unavoidable regrets resulting from past activities. If this is true, why don't more people take time to ponder the future? The answer is simple: They are so caught up in the current moment that it doesn't seem to matter. The problems and the rewards of today are so absorbing to some human beings that they never pause long enough to think about tomorrow.

But what if we did develop a new discipline to take just a few minutes every day to look a little further down the road? We would then be able to foresee the impending consequences of our current conduct. Armed with that valuable information, we would be able to take the necessary action to change our errors into new success-oriented disciplines. In other words, by disciplining ourselves to see the future in advance, we would be able to change our thinking, amend our errors and develop new habits to replace the old.

One of the exciting things about the formula for success—a few simple disciplines practiced every day—is that the results are almost immediate. As we voluntarily change daily errors into daily disciplines, we experience positive results in a very short period of time. When we change our diet, our health improves noticeably in just a few weeks. When we start exercising, we feel a new vitality almost immediately. When we begin reading, we experience a growing awareness and a new level of self-confidence. Whatever new discipline we begin to practice daily will produce exciting results that will drive us to become even better at developing new disciplines.

The real magic of new disciplines is that they will cause us to amend our thinking. If we were to start today to read the books, keep a journal, attend the classes, listen more and observe more, then today would be the first day of a new life leading to a better future. If we were to start today to try harder, and in every way make a conscious and consistent effort to change subtle and deadly errors into constructive and rewarding disciplines, we would never again settle for a life of existence—not once we have tasted the fruits of a life of substance!

Jim Rohn, America's Foremost Business Philosopher, reprinted with permission from Jim Rohn International © 2017. As a world-renowned author and success expert, Jim Rohn touched millions of lives during his 46-year career as a motivational speaker and messenger of positive life change. For more information on Jim and his popular personal achievement resources or to subscribe to the weekly Jim Rohn Newsletter, visit www.JimRohn.com.