Mar 29

This article is important to those who want to achieve great things.

Any successful athlete will tell you how important momentum is in ther training. Consistency, focus, momentum – you can’t serve two masters,

“because you will love the one and despise the other”.

Compromise and distraction, laziness and pride all decrease momentum. An aircraft requires 95% of it’s power to ascend, but only 65% while cruising.

Build Momentum to Build Real Wealth

Many so-called “entrepreneurs” spend their time swinging between feast and famine, chicken and feathers. They spend their money in the good times and suffer in the bad times, forgetting that business is cyclical.

Joan Welsh said,

“If you’re coasting, you’re either losing momentum or else you’re headed downhill.”

In order to build real wealth and get to a place where you can cruise, you have to build momentum in the right areas.

Business Is A Relationship With Money

Anthony Robbins said,

“The most important thing you can do to achieve your goals is to make sure that as soon as you set them, you immediately begin to create momentum. The most important rules that I ever adopted to help me in achieving my goals were those I learned from a very successful man who taught me to first write down the goal, and then to never leave the site of setting a goal without first taking some form of positive action toward its attainment.”

And you have to keep on taking that positive action. Business is a relationship with money, just like your relationship with your spouse – remember that.

Build A Bullet-Proof Mindset

At any given point in your day, on a regular basis, ask yourself,

“Is what I am doing now taking me towards my goal or away from it? What is the return on investment from this choice?”

It’s sad to see many people join DollarMakers and take off in a flurry of promises and activity, and then to see them quit at the first sign of difficulty. Others get overconfident and sit back, riding on the backs of others, and before they know it, they’re cut loose.

The smart ones build a bullet-proof mindset and are consistent, disciplined, focused, and reliable. They build relationship and momentum, and they get rich.

Time – Your Most Valuable Resource

Michael Korda said,

“One way to keep momentum going is to have constantly greater goals.”

By building relationships with strong entrepreneurs whose goals are aligned with yours and with whom you have “overlap”, you will find yourself staying on track.

Once you lose momentum, it’s hard to build it again, especially since one often loses credibility in the process, and that diminishes trust and closes previously open doors.

Sporadic, emotional bursts of ego-driven activity seldom achieve long-term results. You can’t chase two rabbits or ride two bicycles.

Manage your time carefully – it’s your most valuable resource.

Consistency and Momentum  - The Essential Components of Success.

Set your goals and action plans carefully, remain flexible, continue to add income streams and dollarmakers, and remember who your friends are.

Consistency and momentum are not options – they are essential components of success.

Winners hang in there through the tough times, make the hard choices, apply self-discipline, and get rich.

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Mar 15

Paul Graham and his partners invest in startup businesses. He says,

“We learned quickly that the most important predictor of success is determination. At first we thought it might be intelligence. Everyone likes to believe that’s what makes startups succeed. It makes a better story that a company ‘won’ because its founders were so smart.

The PR people and reporters who spread such stories probably believe the stories themselves. But while it certainly helps to be smart, it’s not the deciding factor. There are plenty of people as smart as Bill Gates who achieve nothing.”

The Person Behind the Opportunity

They say that when Venture Capitalists evaluate a new business to invest in, they evaluate the PERSON more than the opportunity or business.

They look for determination, because they know that is the key to success. When you get truly determined, you become unstoppable.

You will burn through any obstacle and attract a host of willing followers. Most people are looking for a strong leader. Someone once said,

“Real leaders are ordinary people with extraordinary determination.”

A Look At What Determination Is

Let’s look at this word, “Determination”. The Merriam-Webster Dictionary defines “determination” as “the act of deciding definitely and firmly.”

It includes the word, “termination”, which, to me, implies the termination, or end of alternatives or options.

The word “Decide” has the Latin root “-cide” in it, meaning “to kill” – to kill off any recourse or modifications.

Set in stone – no turning back – no more dithering – no questions asked – burn the bridges, all-or-nothing, this is it, baby.

A Quitter Will Never Win

Ayn Rand  accomplished amazing triumphs in her life. Her motto was,

“The question isn’t who is going to let me; it’s who is going to stop me.”

Sounds a bit like Mohammad Ali, doesn’t it? George Allen said,

“People of mediocre ability sometimes achieve outstanding success because they don’t know when to quit. Most men succeed because they are determined to.”

In my 23 years of business, I have never seen a truly determined person fail. I have seen many highly educated people with massive support and financial backing fail, however, due to lack of determination.

Quitters NEVER win. My daughter, Sacha, is the most determined person I know.

The Personal Success Plan

Finally, let me share with you what I learned from Paul J. Meyer, Founder, Success Motivation® International, Inc., when I got into business 23 years ago. This “Personal Success Plan” he created is burned into my brain. Note step number five.

“1. Crystallize Your Thinking

Determine what specific goal you want to achieve. Then dedicate yourself to its attainment with unswerving singleness of purpose, the trenchant zeal of a crusader.

2. Develop a Plan for Achieving Your Goal and a Deadline for its Attainment

Plan your progress carefully; hour-by hour, day-by-day, month-by-month. Organized activity and maintained enthusiasm are the wellsprings of your power.
3.  Develop a Sincere Desire for the Things You Want in Life.

A burning desire is the greatest motivator of every human action. The desire for success implants “success consciousness” which, in turn, creates a vigorous and ever-increasing “habit of success.”

4. Develop Supreme Confidence in Yourself and Your Own Abilities

Enter every activity without giving mental recognition to the possibility of defeat. Concentrate on your strengths, instead of your weaknesses…on your powers, instead of your problems.

5. Develop a Dogged Determination to Follow Through on Your Plan, Regardless of Obstacles, Criticism or Circumstances or What Other People Say, Think, or Do.

Construct your Determination with Sustained Effort, Controlled Attention, and Concentrated Energy. OPPORTUNITIES never come to those who wait…they are captured by those who dare to ATTACK.”

Determination 24/7/365

With this level of determination, you cannot fail.

“24/7/365, outside my comfort zone, whatever it takes, I am bulletproof

– those are the words of a determined winner, who never doubts the fact that she or he will conquer. And here’s the best part: determination can’t be

  • inherited,
  • bought,
  • stolen,
  • leased,
  • or copied

– it is simply CHOSEN – second-by-second, minute-by-minute, hour-by-hour, day-by-day, until it becomes a habit and a natural way of living.

You win by being determined, and determined people are focused, consistent, congruent, and unstoppable.

Feb 17

If you have read Ayn Rand’s prophetic “Atlas Shrugged”, you will know that we are living in turbulent times, and that this book is the capitalist’s guidebook and map, our survival tool.

It puts things into perspective, and helps the reader to see through the illusions, deceptions, and lies fed to us by the collectivist powers that be.

As a capitalist, a producer, and a creator, there is no way one can find common ground with collectivists and mystics – that compromise will kill you as sure as trying to make friends with a rattlesnake will.

The alternative is Galt’s Gulch.

A Speculative Form of Galt’s Gulch

While I don’t recommend a literal Galt’s Gulch, in which the producers in society physically leave the wretched world of parasites and looters that has been subjugated and enslaved by the statist government behind, and form their own

  • lifestyle,
  • governance,
  • and territory,

a figurative, allegorical or speculative form of Galt’s Gulch is, in my opinion, the only way to prosper in a socialist/communist environment.

A Grand Solution

Understanding the dynamics, requirements, benefits, and parameters of Galt’s Gulch as presented by Ms. Rand allows one to formulate the mindset and philosophy that is necessary to emulate such a grand solution metaphorically.

By realizing the implications and consequences of socialist world government, one can avoid the looting of the slackers, the incompetent, and the moochers, financial rape by government and the mystics, and, ultimately, the complete loss of personal freedom.

Creating a personalized, representative Galt’s Gulch means carefully selecting and teaming up with like-minded producers who share one’s:

  • philosophy,
  • ideology,
  • motives,
  • and beliefs,

and operate with the integrity and congruency to be found among some intelligent, rational capitalists.

A Formula for Success

With the understanding gleaned from Ayn Rand’s work and my experience of life and business, along with a realization of the way the world is moving, I started DollarMakers as a type of “filter” to find people who fit the Galt’s Gulch model.

Far from being a conspiracy theorist or alarmist, I am a realist and an Objectivist, and practical common-sense that is free from the mind-numbing poison of collectivism and mysticism dictates that I create a Galt’s Gulch, since success occurs when preparation meets opportunity, and forewarned is forearmed.

Having seen what has happened in Africa, Europe, the United Kingdom, and now America, the proverbial writing is one the wall.

Feb 10

The PBS television show I watched described how a couple in New York City closed their coffee shop because of the recession.

In some cases, closing down a business that is running at a loss is the right thing, however in many cases, a business can be saved instead of being closed down, especially if there are leases and penalties and further losses to be incurred by the closure.

There is a little-known way to redeem a business and move it back into profitability.

How can one turn a business around without incurring additional costs and risk?

Turning It Around with Joint Ventures

We’re talking about a blood transfusion here, not a brain transplant. But then it does take a different way of thinking to rectify this frightening situation.

“You’ve gotta know when you hold ‘em, know when to fold ‘em, know when to walk away, and know when to run” is right.

But it’s good to know that most entrepreneurs are unaware of the most valuable, lucrative option available to them – Joint Ventures. Thousands of businesses could be saved with Joint Ventures.

Leverage Your HIDDEN Assets

Instead of focusing on what is drowning us, like insufficient sales and customers, high overhead, bank loans, and so on, let’s focus on what we DO have:

  • hidden assets,
  • resources,
  • relationships,
  • credibility,
  • access,
  • a database,
  • inventory,
  • location,
  • a brain and a work ethic – these are qualities that are seldom found…

we have far more than we don’t have. We might be rowing our boat along with breaking back and blistered and bleeding hands, while we have access to a seventy horsepower outboard motor we’re not even aware of…

Create 100% Profit Without Cost or Risk

Business is not about selling more cups of overpriced coffee and muffins. It’s not about getting more customers. It’s not about increasing sales and cutting costs or feeling important – it’s about NET PROFIT.That is the true purpose of business: To make the maximum after-tax profit, as fast as possible, with the least cost, risk, time, effort, and frustration.

Joint Ventures allow one to leverage existing resources, access and leverage the resources of others, and create multiple additional income sources – fast – all at 100% profit, with no cost or risk, and little time.

Discover Your Existing Resources

How can the coffee shop owner leverage existing resources? He starts thinking about what OTHER people want – his customers, people who are not his customers, his vendors, his competition, the public, tourists… Then he starts solving problems – linking supply and demand, like a broker or middleman, and getting paid an ongoing commission on all the resulting sales. Zig Ziglar said,

“You can get anything you want out of life, if you’re prepared to help enough other people to get what they want.”

Enter Joint Ventures.

Create Income and Increase Value

The coffee shop owner can Joint Venture with the hair salon who is also in the financial doldrums. When a customer indicates an interest in buying jewelry, real estate, or finding a cab, Ka-ching! When his vendors need help with their problems, when someone is looking for a good printer or needs renovation services – all of these are income opportunities.

The coffee shop owner can use Gift Certificates to create income and increase value, work with tour guides and dentists, and set himself up as a go-to guy that gets stuff done.

He is literally surrounded by lucrative Joint Venture opportunities, and he’s right in the middle of New York City. He has the gold mine, and I have the shovel.

Reality Check on Small Business Joint Ventures

In fact, someone who really understands Joint Ventures would never open a coffee shop to begin with. But that’s why most of the owners of small and medium-sized businesses operate at about ten percent of their potential profit, and why they work too hard, too long, and risk too much, for far too little.

For more information on the power of Joint Ventures visit us at www.jvwidom.com, – we have solutions.

Dec 23

I heard Rika telling our cleaning lady that she wanted the kitchen closets done, and the cleaning lady replied, “Of course I can do that.” I chuckled.

When it comes top cleaning the garage, polishing shoes, cutting the grass, changing the car’s oil, or swimming across the lake, people seem to enjoy the challenge and brag about their accomplishments. “I lost ten pounds!” But when it comes to business, it’s entirely a different deal.

It Doesn’t Make Sense!

My cleaning lady would rather slave away and sell her time and sweat for $20 an hour than take the time to build a business. An employee who commutes three hours a day and works nine hours for a measly salary and no security would make a lot of money if he devoted twelve hours a day to brokering Joint Ventures.

  • Why is it so difficult for people to move from cleaning closets and doing mind-numbing jobs to becoming successful entrepreneurs?
  • Why do they need a boss to make sure they work?
  • Why would someone spend twelve hours a day, doing what he hates (statistically, most people hate their jobs) to make $5,000 per month, when he can spend twelve hours to create financial freedom and retirement within a year?

It doesn’t make sense. Or does it?

I tested it – I gave my cleaning lady copies of three of my books and a few DVDs. I directed her to my websites. I told her I would be happy to answer any questions she had. She has never mentioned JVs again. She works hard, has a great attitude, and talks about cleaning and her family, and how much they need money.

Why People Are Stuck

Why are people stuck on their financial prisons, when they can free themselves with entrepreneurship?

  1. The average IQ in North America is 98. NINETY-EIGHT.
  2. And we are conditioned by the liberal media, the sly mystics, and the matronly academia to believe business and money is bad.
  3. People pay $35,000 to get an MBA that they can use to get a better JOB. Crazy.

Stupidity, conditioning, fear of the unknown. “Better the devil you know”, “Too good to be true.” Sad, isn’t it? Not really. 98% of people will never become wealthy. That’s just the way it is. Accept it.

Here’s my point:

Entrepreneurs, let’s stop trying to rescue those who prefer to wallow in the waters of quiet desperation. Let’s stop casting pearls before swine.

  • Let’s withdraw our generous offers and make people come and ASK for our help.
  • Then make them PAY for it, so they recognize its value.

After all, they happily pay for their cigarettes and beer, don’t they? Atlas should shrug more often.

Stop wasting your time with losers, posers, parasites, and wanna-be’s. Make people prove themselves.

If they stop producing, cut them loose. That means FIRE them. Let’s become a lot more selective.

Why are cults so successful? They enforce very strict discipline and rules. They exact massive payment from their members. Perhaps we could learn from them.

Up the Ante

Let’s increase the quality of those with whom we communicate. Let’s up the ante. Let’s throw up more barriers and stop being so generous and altruistic. Make them ask, make them pay, and make them perform, and the eagles will soon reveal themselves.

The cream will rise to the top – it doesn’t need encouraging. The good ones will show up and motivate themselves. You don’t have top motivate a winner, and you can’t motivate a loser. The turkeys will stay away and attack you at every opportunity. DollarMakers has a new policy: we don’t accept Members back once they leave. And as we get more selective, the quality and income increases.

Stop trying to sell yachts to the homeless. Stop expecting idiots to read Shakespeare. You don’t see the price of Rolex going down. Stop begging people to succeed. Don’t give your cleaning lady books – give her a box of donuts.

Nov 30

How do you decide which Joint Venture Partner you want to work with? After all, we have literally millions of options, don’t we?

If you agree that basically, people don’t change – we change our choices, but not who we essentially are – then their past track record must, to a large extent, predict their future choices.

  • I’m talking about a track record that starts early in life, and consistently repeats.
  • Also, small decisions and actions give us clues to who people are.

We want to work with winners, not wanna-be’s. The quality of our network will determine our net worth, and we can’t afford to hook up with losers. That means that 97% of people simply don’t qualify to work with us. Here’s a simple checklist:

1.  Their Track Record.

Talk with people about their successes and failures in their lives, from childhood. Winners and leaders will always, like the proverbial cream, rise to the top – in teams, in groups, in organizations, in clubs, at school – wherever they choose, and wherever their passion is. If a champion believes in something, he or she is going to make it work. They have track records of success in many different areas of life. Ask the hard questions.

2.  Their Daily Choices.

Watch their daily choices – do they deliver on time, return calls and emails promptly, dress professionally, groom themselves well? Are they reliable, punctual, respectful, honest, and straightforward? Are they generous? Do they honor their promises and make good and take responsibility when they mess up?

3.  Their Money.

Have they made money? If not, what makes you think that will suddenly change? If they have money, where did they get it? Inheritance? Are they self-made, or Daddy-made? If the boy lives with his parents, is a stay-at-home-dad, has his wife support him, and moves from one financial disaster or network marketing company to the next, how will you benefit from partnering with him? Ask them!

4.  Their Associations.

With whom do they associate? Look at their friends. Birds of the feather flock together. Losers love to team up with each other.

5.  Their Input.

Look at what they read. BIG clues there. Be careful of “seminar junkies” – they flare up fast and fade away even faster.

6.  Their Philosophy.

Determine their philosophy. Avoid mystics, socialists, and altruists. You will discover their philosophy by observing their lives. Do your due diligence.

7.  Their Involvements.

What clubs / groups / cults / organizations do they belong to?

8.  Their Action.

Are they action-takers or procrastinators? Are they overly analytical? Do they embrace change positively? Are they “big hat, no cattle”, or the real thang?

9.  Their Presentation.

How do they present themselves? Their dress, grooming, business cards, car, pen, shoes, paperwork, binders, hair, (men with nose / ear hairs, women who have unruly, wet, or badly cut hair) nails, jewelry, tattoos, piercings… Everything is a clue. Do the women dress act like flirts / sluts? Avoid smokers and drinkers.

10.  Test Their Metal.

Even is all the above are in line, test your potential JV partners in small matters before opening up the store. Give them enough rope to hang themselves, enough opportunity to steal, and enough time to let their masks slip.

Be patient – it’s well worth it. Remember, you’re looking for 3% of people.

Jul 20

Most Network Marketers rely on trying to recruit:

  • unsuspecting waiters in restaurants,
  • fleeing family,
  • captive audiences in gas stations and supermarket lineups,
  • and those attending business networking meetings,

to build their business.  After recruiting three of four people, who in turn use the same, silly recruiting techniques, they quit, disappointed and frustrated, and lose an excellent opportunity to use leverage and duplication to build real wealth.  Warren Buffet bought a Network Marketing company, after all.

The key to success in this business is recruiting more than four people.

You Might Say:

“But it’s so hard! Nobody listens to me! They’ve heard it all before! Who can I talk to? They don’t understand! I worked so hard and I didn’t get anywhere! I was right – this doesn’t work.” Precisely – the system that you use doesn’t work, but that doesn’t mean there are no alternatives. I can only tell you what works for me, which doesn’t mean that others systems don’t work.

Let me share with you what WILL work for you, given that you don’t get negative and quit like most well-meaning people.

One Qualifier Here:

I’m not talking about MLM’ers who sell lotions, potions, swills, or pills; I’m talking about legitimate, professional, necessary services that no reasonable person will stop paying for.

1. Learn the “Compound Interest” Concept & Set a 3 Year Goal

Understand the “compound interest” concept that we learned about in Jeff Olson’s amazing book, “The Slight Edge” – you need to set a three year goal and be aware of the process of time and return on investment. That keeps you motivated, consistent, and persistent.

It’s worth conceptualizing the timeline and realizing that this is not a quick fix, but a real wealth building process that makes some people a million dollars a year. That doesn’t mean you can’t make real money fast, but it keeps things in perspective and show us why things DON’T work.

2. Understand Your Product or Service.

I focus only on services marketed via MLM, since that is, in my opinion, the most viable, lucrative and long-term option. Know what you’re talking about and be very well prepared and equipped.

If you’re new in the business, make sure you have a reliable, professional upline support system in place.

3. Create a “FEEDER SYSTEM” like we have done with DollarMakers

This means getting the people coming to YOU, instead of hunting them down, cold calling, and generally irritating strangers. This can be done through Centers of Influence, group meetings, and the Host Beneficiary process.

Sign up strong, influential people that actually understand business and leverage. This is the part where most people fall through the cracks; they know their service, they’re in it for the long run, they show up at meetings, they’re committed, but they have nobody to recruit.

Two words will change your life: “FEEDER SYSTEM” – something that is created to feed you with qualified prospects on an on-going basis.

Two Final Points:

1. I talked with a woman who was bewailing the fact that she had nobody to talk with about her MLM business, and I gave her three specific things she could do to create a Feeder System. She never did anything about it. If you’re not prepared to work hard and do what it takes, it’s either because you don’t believe in the system or in yourself, or because you are simply bone lazy. There is no excuse.

2. If you’re communicating with losers, the above will not work. Find people with successful track records, achievers, and leaders to work with. These are the ideal people to incorporate in your Feeder System. And the Feeder System can be set up in such a way that you never mention your MLM business – that’s the Joint Venture approach in action.

Jul 17

When I talk with my incredible wife, we describe people to each other in terms of three descriptions:

  1. DISC, or the four personality styles.
  2. Commitment – people either have it or they don’t. This goes along with “Staying Power”
  3. Do they have a Killer Instinct?

Aspects of a “Killer Instinct”

  • People with a killer instinct are fearless closers.
  • They don’t understand how to quit.
  • They don’t back down, roll over, or wallow in the fetid swamp of politically correct, passive aggression.
  • They are loyal soldiers, and they’ve got your back when you’re in a jam. Unlike pansy parasite posers, who will stab you in the back and steal the milk out of your tea with a permanent smile on their faces.

Trump Has Killer Instinct

Donald Trump is a real man. He said this of Revenge:

“There are a lot of bad people out there… if you have a problem with someone, you have to go after them. And it’s not necessarily to teach that person a lesson, it’s to teach all of the people that are watching a lesson, that you don’t take crap.

And if you take crap you’re just not gonna do well. So Be sharp, Be Smart.

It’s all about this (points to his head/brain) you have to have this to start off with. But you can’t take a lot of nonsense from people. You have to go after them. I have always believed it.

When a person screws you, screw them back 15 times over.”

Killer Instinct.

The Difference Between Someone with a Killer Instinct & a Pansy

Pansy: We knew someone who told us how he was going to change the world and create massive wealth. (Perhaps he thought he was his rich daddy.)

Anyway, his very first seminar was a failure because he teamed up with a loser, and he quit almost immediately. At the very first bump in the road, this pansy tucked his scrawny tail between his legs and ran for the hills!

Powerhouse:
Winners don’t take “No” for an answer. They hardly even hear it!

I went on a sales call with one of my salespeople years back. We traveled for two hours to get to the prospect’s house, and at 7pm, after listening to our entire presentation, the prospect and his wife told us in no uncertain terms that they would definitely not buy our product. My salesman kept of selling. He closed the sale at 9pm.

When I got home at 11pm, my phone was ringing in my office. The customer wanted to cancel the sale. At 12.30am, and hour and a half later, I had closed him again. He stayed closed after that.

THAT, dear reader, is a Killer Instinct. No excuses, no turning back, no fear.

What kind of people do you have on your team?

The wimps will sabotage your success and undermine your efforts, while frustrating and irritating you.

The winners will make your life easy. They will motivate, encourage, and inspire you with their courage and innovation.

Losers say things like, “I couldn’t help it, it wasn’t my fault, I’ll do my best, I don’t have the time / money, people can’t afford it, times are tough, it’s the recession, my wife won’t let me, I don’t want to offend people, I need my rest…”

Winners take responsibility, seize the opportunity, and make it happen, whatever it takes, no matter how long it takes, 24/7/365.

Read “The Fountainhead” by Ayn Rand, and see an example of a powerhouse who doesn’t compromise, carp, quit, or crawl.

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