Last week I eavesdropped on some very successful entrepreneurs. These are people who make five and six figures a month from their online businesses. It was a four hour mastermind where they shared their struggles, frustrations, wisdom, and stores of success.
I spent that night spying on millionaires taking notes. One person gave us his formula for his success. Now everyone had different methods to reach their financial goals. But the basic principles are the same. Just like any other sport, occupation or business. There are principles that always work.
Soccer will always be a game of blocking and tackling. In basketball his defense and rebounding. In business it will always be sales and marketing. These principles never change. The methods and creativity will always be different, but the principles do not change.
A millionaire gave us his 7.3 elements of success. These were the steps he took to become one of the highest paid online marketers. Go ahead and take action in the steps below.
7.3 Elements of Success: Eavesdropping on Millionaires
1. Know what you want- Tony Robbins says he knows the bottom line. He starts with the end in mind and works backward. How much money do you want to earn per month, per year, in 5 years and in 10 years? How many sales do you want to make?
We do not suffer from lack of information. You can Wiki, Google, Bing and YouTube whatever you want. You can find how-to videos and step-by-step guides. There are no excuses for why you don’t know what you want to know. Many people enter this industry with general or general goals and never reach them. You must be clear about your result. You must develop clarity about what you want from your business.
2. Why do you want what you want? What is the reason for your goals? Too many people focus on the “How” and forget the why. The “How” changes all the time. Once again, we do not suffer from a lack of information. Your “why” is what will drive you. It is the enthusiasm in your business. It’s your “why” that trumps the frustration, procrastination, slow sales week, and ineffective marketing.
There are always successful Systems, winning formulas and mentors that will show you the “How”. It is your “Why” that will keep you engaged and focused.
3. Pave your way to success – You must develop a prosperity mindset. Like attracts like and success attracts success. You must train your mind to help you succeed. Create an environment of success. Your workplace should be your sanctuary. Where you go to create masterpieces.
Work towards a prosperity mindset where you will add value to your market. You must feed your mind daily with your goals and education. Just reading 30 minutes per day and listening to the audio will help you beat your competition. Repetition is the mother of skill. Find your main defined purpose and recite it every day.
4. Position yourself for success – Being in the right business for you. You have to find the right vehicle to reach your destination. There are many vehicles to choose from. The question is how fast do you want to get there? If you want to get to Las Vegas from Los Angeles, you can walk, take a bike, a bus, your car, a train, or a plane. Flying is the fastest way to get there. The question is how fast do you want to reach your goal?
If you don’t like lotions, potions, and health products, don’t sell them. Put your enthusiasm into a product or service that you are passionate about. I chose Empower Network because I can build any business with this system. You must do the same. Remember, work + enthusiasm = fun.
5. No plan B – Enough of the SOS (shiny object syndrome) nonsense. There is never a Plan B in business. Stop dipping your toes and wasting everyone’s time. Treat your business as if it were the only income you have. Better yet, treat it like your job and you will show up every day, but this time put passion into it.
The only plan B you have is persistence. When you want success as much as you want to breathe, you will reach your income goals. Every time you jump ship for a new release, push-button magic pill, or no vending system at all (it doesn’t really sell), you start the failure cycle all over again. Break the cycle now!
6. Form a Mini Group of Followers – People will follow someone. It could well be you. Create your own tribe, then study, do and teach. Join a Toastmasters class, hang out at industry events, or start a Cash Flow 101 group. You may have to widen your circle. Get your social media group to follow you or join a large group and start contributing.
7. It’s not about the money – Well, for me it was all about money. I focused on reaching my goals. But when I saw my team succeed. When people from other industries asked me if I could help them market online, my approach changed. People saw value in my work and wanted to work with me. You’ll get to this point too if you’re not there yet. Serving more and more will increase your value and your business.
7.5 Persistence – Remember to PUSH Persist until something happens. Persistence is the only skill you need at the beginning. Persistence removes obstacles, disappointments and overcomes procrastination. Persistence shows your customers, followers, and your email list that you are committed to their business.
Remember that your list is the life blood of your business. Your list may not respond until months later. But keep feeding it value and you will make sales. Abandon or jump ship every 90 days and your list will lose its value. Act now on these elements 7.5.