Everyone can wish for something, but the people who actually go out and work to make their wishes turn into dreams, dreams into goals, goals to daily actions, and actions into reality.If attaining financial freedom was easy, everyone would be free. But in reality, only 1% of the world’s population reaches this achievement.
How can you become like the wealthy 1%? They say if you want something, find out what the people that have what you want are doing,and d do it! So what do the wealthy one percent do with their income that makes it grow and come back? There are a few things that 74% of the 1% do that accomplishes this task. They invest their money in secure investments and open up businesses.
Are you doing these two things? If not, then maybe you want to get started. If you are looking to get started on the road to financial freedom, There are levels to this. Let me break it down for you:
OPPORTUNITY SEEKING(1)
This is the stage where you just had an epiphany that working for someone else will only get you as far as the next check will allow. You are tired of going through the same cycle and want a change. You are looking at all these opportunities to make extra money and are ready to make a decision to pursue the dream of entrepreneurship. Even though you know you want to pursue this venture, you don’t know which vehicle to pick.
No worries! The good thing is that you are under no obligation to anyone at this point; I like to relate it to dating, you have no titles and you can do what you want. Go out and sit through and listen to business opportunities, do some soul searching to find out what you’re passionate about. Chances are when you figure this out (your passion) this is the vehicle you should choose. NOW LET ME STRESS THIS make sure it’s your PASSION! They say “if you love what you do, you won’t work a day in your life”. So make sure your business is something you love or aligned with your goals and aspirations! If in searching for a business that you’re passionate about you don’t find one that matches your passion, why not create one? Don’t let money be the determining factor, it should be second to only passion (my opinion).
After you’ve made your rounds, and picked your top 3 Biz opportunities, make a list for all three Pro’s/Con’s. Which ever opportunity weighs the most positive, go for it!
Learning/Education(2)
Great job! You’ve made a decision to change your financial future. Now it’s time to get started. Every business has a system and you as the business owner should operate that system flawlessly. In order to do that, you will need to learn the system for your business. The quicker and better you learn your system, the more you e get paid. “Systems work, people fail” If you didn’t create the systems you are following, make it your system, don’t try to create a new one (take my word on this).
A business puts systems in place to make money, no other reason. So just make your life easier and learn the system and make it yours. Business has operation expenses so please don’t go into business thinking you don’t have to pay for anything. Licenses, certifications, insurance, and marketing expenses will be the immediate costs. If you purchase a business operating system, that should be taken into factor as well.
So being that you need a budget, you either need income or money (saved or borrowed) to effectively get started in business. Now do you need a job, no, but I would suggest you have someone that has one that believes in what you’re doing because you will be using that option a lot starting out. Keeping a weekly or monthly budget will help project costs which would help if you were looking to borrow or save a lump sum amount before you start on your venture.
Application(3)
Now that you’ve learned your business, have your budget, and have your plan in place; only thing now is to take MASSIVE ACTION. Just do it! Get out there and do what it is that you’ve been preparing for. No results? Great, revamp and adjust your strategies until you get the results you seek. There is no right and wrong in the void, you create the parameters(as long as they are in compliance with our local and federal government). So get out there and get some results, tweak and repeat!
This is the stage where you are going to say to yourself “I didn’t sign up for all of this”.This is the level where you second guess how much you really want it, and assess whether that job was really that bad. At this point you will get your first check! A reality check, lol. You will see exactly your points of improvement and points of strength, it will be up to you to fix them. As you decide if you want to move forward passed this level, it must be realized that most people don’t make it passed trying. It also must be realized that out of the people that are doing, the majority are doing just enough to say they’re doing something. So by just doing 1% extra is all you need to produce the results you desire.
Production(4)
After you start applying yourself, you will see results. The results will give you confidence. Be sure to keep the same habits and humility as when you were in the application stage. This will make you consistent, as a producer you will see people do one of three things: 1) be happy for you 2) get jealous 3)get competitive. The ones that are happy for you, keep them as your moral support. The jealous ones, just keep them watching they might get that way because they know the person you were and felt like they were better off than you. You have to remember it has nothing to do with you. They willcome up with all these reasons why you are doing good for yourself. They think more about you than you do them. With that being said, the jealous people can be used as motivation to continue doing you! The competitive ones, I love those. If you think about it they see you as a point of motivation but they’re too egotistical to give credit so they start competing. What I’ve learned in life, is this: there is no competition. This competitive environment keeps people in a lack consciousness. In abundance consciousness, you know that there is enough for everyone and you would actually help each other get to the top together. In competition there is a winner and a loser. In collaboration, E VERY BODY WINS. The crabs in the barrel mentality should be a thing of the past.
leadership(5)
After you start applying what you learn, learn from your experiences and start producing at a high level; you are now ready for leadership! Why you ask? People will only follow someone who is produce results. How can someone teach someone to do something they haven’t done with success yet? You will notice people ask to be around you and follow you. That is when you know you’ve started in leadership. Don’t think you’ve made it yet. Leadership is the opportunity to serve your people at a higher level.
In leadership there are levels as mentioned by John C Maxwell in his book 5 levels of leadership. The book also states that at anytime you can drop down from any level if you don’t maintain the traits from the previous levels. So in order to keep up these skills must be practiced daily and you have to make them a part of you to the point where you are doing it without even thinking about it.
Duplication(6)
A good leader has a lot of followers, a great leader creates other leaders. This stage is after you’ve had your success, you have a great team in your corner. Now it’s time to develop other leaders. Being that you’ve hit the pinnacle of leading your people, now it’s time to duplicate yourself. You have the qualities, skills, and production to teach someone that’s already a producer, to become the leader you are. You will find yourself learning more as you are developing their skills while simultaneously learning new and innovative ideas or suggestions from your apprentice. We can all agree that we can learn something from anyone at anytime right?
Automation(7)
This is the pinnacle to your process now your business is running on its own, you have your system and you have an organization of people doing specific tasks to achieve the goal. You may have found people that are better than you to perform specialized tasks.
At this point, you are just making decisions and if you want to be there to do the day to day tasks, then you can. If not, you can do that too. This is the time where you can take your focus off the day to day things and start working on the bigger fish to fry, or you can look into creating another source of income.
As you can see there are about 7 levels to automation of a business. If you are in the opportunity seeking phase of your life, check out this opportunity CLICK HERE feel free to reach out with any questions about real estate or business!