Here it is, my heartfelt message to you about getting rich… the money kind of rich I promised I’d address this week! To be money rich, you will either buy what you want and what you want to experience straight out, or use unconventional resources and unorthodox means to have them.
Cash Aint King, but it Pays the Bills & Buys More Freedom!
Let’s face it, today, simply making ends meet in your business and personal life takes piles of money, and if you want to live beyond mediocrity and the mundane, significantly help others, contribute to those in need, do fun and adventurous things, and take chunks of time off work to experience an exciting and meaningful lifestyle, you need additional resources beyond the basics. Of course you also need to manage expenses and repair money leaks, and look for additional revenue streams when and where appropriate, but the bottom line is, you must get to work on your business so you have increased freedom and more choices!
As a Business & Lifestyle Designer, it’s my job to show you how to live your best life, and that takes some currency. How much and what kind of currency is another issue. At the minimum, you need enough cash (and savings) to fund the lifestyle you have deemed as important, or as a substitute for money, you need an alternative currency and unconventional resources to live a RICH life, using creativity at times instead of cash! Either way, you need to get busy and get creative!
So, are you READY? Are you REALLY ready to make the LEAP to GAIN FINANCIAL WEALTH & FREEDOM, to DESIGN the vision of the purposeful lifestyle you want, and then devise the plan to actually create it?
This takes COURAGE, I’m warning you, because it means leaving the safety net of the common, the ordinary, and the wide path, and taking charge of what you want and expect to experience from this ONE LIFE you get to live!
Getting Rich Starts HERE
YOUR getting RICH starts with your committed decision to once and for all drop a very dangerously deceptive mindset: the mentality that promises success without working a plan or without putting forth a consistent effort or investing a reasonable amount of foundational-growth-time in your business. Once you invest the time and effort to set up the business infrastructure that will make ongoing wealth sustainable, you can kick back more often and lean on your systems. These systems give you FREEDOM as a business owner to live the life you’ve designed!
You were not born to struggle or to just slither by financially, and you sure weren’t born to lie awake at night with worry over money. You are an entrepreneur because of something in your DNA! You value freedom and being in control of your own life. You also have a one-of-a-kind calling that ONLY YOU can do, whether you recognize it or not. On top of all that, you have amazing gifts, given to you for the benefit of others, that you are destined to share with your world. THAT is your heritage!
How it’s Done!
Making money and creating freedom for yourself in your business is not hard, but it takes an effective plan, a commitment, and consistency, especially in the early years. Most small business owners make the commitment but lack these:
• An effective plan
• The follow-through to build the systems that lead to freedom
• The consistency required to solidify them
They get ideas and take action with no cohesive plan. They do some activity and make a little money today, then rest, being partly in, partly out for a few days, weeks, or even months afterwards, and consequently wonder why business and brilliant lifestyle design is a struggle.
You CAN Make More Money & Open Up More Resources…
Let’s Start Here:
#1 DECIDE you want to and WILL make more money in your business and open up new resources for your lifestyle!
#2 DECIDE you deserve to make more money and to experience an amazing life!
#3 DECIDE you can and WILL make more money and open up new resources because you have what it takes!
#4 DECIDE to commit to the time investment required to make more money and discover new resources, and to using an effective money-generating FORMULA!
#5 DECIDE to commit to gaining more and better customers through good marketing and selling!
This is my famous TIME INVESTMENT FORMULA! It lays out exactly how to spend your time in your business to establish the infrastructure and the systems, so you can soon create the money and eventually the kind of freedom you want and deserve, to live the lifestyle you desire. No sense working all the time or working just to make ends meet. This formula will help you build a business that affords you money AND freedom!
Build it to SERVE YOU LATER!
The idea here is that to build a business that generates money and freedom, you have to invest time and effort at the front end. Maybe that means 40 weekly hours at first, then 35, then 30, then 25 and eventually 20. At the start you may work 50 weeks per year then 40, then 30, then 20! This is LIFESTYLE DESIGN!
So let’s say you start the process working 40 hours a week, with 2 weeks off per year. That makes 40 hours weekly. We’ll use this as our example, and you can adjust as you work less and less hours per week (keeping the percentages constant).
Your Time Investment Breakdown:
•50% of your work time (20 hours based on this example) each week is on marketing, selling, and bring money directly into the business, and includes things like teaching seminars, hosting promo events and trunk shows, making phone calls, teaching teleseminars, sending mailings, moderating a mastermind group, and doing group coaching or private consultations, etc. As you gain skill, you delegate—outsourcing or training others to take over many of the tasks associated with this marketing and selling (such as setting up your classes, sending invites, direct mail campaigns, creating sales pages, etc.) leaving for you only the tasks where you need to personally show up.
•25% of your work time (10 hours based on this example) each week is invested in making your products and services, adding to them, redesigning them, or making them more amazing. This is where I would put CREATING CONTENT for a seminar and putting together a JV event that YOU HOST, since doing so creates products. If your business does not have a need for regular fresh products, then divide this 25% allotted time with marketing (above) and education (below) as is fitting for you. Again, as you gain skill, you delegate—outsourcing or training others to take over many of these associated tasks.
•15% of your work time (6 hours based on this example) each week is for administration and management. DELEGATE the rest. Really, delegate as much of this category as you can AS QUICKLY AS POSSIBLE! This is often where you first start to delegate!
•10% of your work time (4 hours based on this example) each week is for your own business development and training for your team! So with a 40 hour week, you’d take about 48 minutes each day to improve yourself, to build on your strengths, and to learn better marketing and selling techniques through reading, studying, attending seminars, etc, or you can accumulate some of this time and attend several conferences and trade shows each year. You can also add EXTRA time to this from your OFF WORK hours if you are ever so inclined! An example of delegation here would be to leave someone in charge of your employee training to free up more of your time (so you can take another trip to the Bahamas or go hiking)!
So now you have the formula to get serious and to get rich, including my famous TIME INVESTMENT FORMULA for making money and building freedom through business systems. Start with working 40 hours per week, and work down to your desired number, but keep the percentages of time investment constant.
Don’t waste another minute. Start making more money and creating the business that will enable you to live the lifestyle YOU design!
What are YOUR thoughts or tips on this kind of business and lifestyle design? I really want to know, so please share!
Have a Wild Week of Getting RICH!
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Born on this day10/24/2014
1904 Moss Hart
1930 The Big Bopper
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1946 Jerry Edmonton
1947 Kevin Kline
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