Wednesday, October 30, 2013

5 Random Thoughts in Relation to Success

Over the years I've been involved in many successful business ventures and some pretty colossal failures. Now in the terms of failure I typically didn't lose any meaningful sum of money,but I was losing passion,drive,time,or even positive energy. There a 1,000s of tips and tricks to business and I could fill libraries full with lessons I've learned in the last 33 years,but honestly this is a blog post so I'll keep it shorter and 100% useful so with that said...Here are 5 random yet essential thoughts that can be applied to yourself or your business practices to increase your overall successful results.
1. Don't Work With People If You're Incompatible!
Now a lot of you know me through the real estate investing world and this actually applies triple there! Everyone just knows "you can accomplish more by working with others." It's true the fastest way to grow your one man show is to partner up with a seemingly like minded individual. Unfortunately the "mirroring" tactics taught in out of date sales and influencing others books can often times disguise the fact you're now partnering with an asshole! If you just wanted more time when you partnered up guess what? You just added another job item of babysitting your partner! You wanted more money? Too bad because now you doubled your workload just to split that extra cash. So choose wisely or devise a plan that maximizes your own efforts!
2.Proper Usage of a Telephone
When it comes to the telephone I see so many mistakes being made on a daily basis... For instance I don't care if you really love the new Eminem and Rihanna song and made it your ringtone stop listening to it playing 28 second sing along and answer the freaking phone! Also for the 63.9% of people who actually use the phone talk any way you want to on your own time and refer to yourself as Fatfu*k Tunechi or whatever... During business hours to people you want to make money for, with, or from talk like an educated person! Don't text wassup,sup,nahImean, or any of that crap & expect to get out of your day job ever!
3. Do Your Own Research
It doesn't matter what you're into or getting ready to take on do your own research! From stock trading to health insurance raw numbers don't lie. Before you spend, make, or even try to save a dollar somewhere do some comparative analysis of your own if you're an expert that's good enough. If you are unsure or even not highly educated on something do your own analysis and then ask a professional for their opinion! If you know the numbers you can at least ask intelligent questions...
4. Loss Protection
No one who tells you that in order to be truly successful you have to go bankrupt first is worth talking to! Don't get me wrong many great minds have spoken a similar sentiment,but we live in the information age. There is no reason for you to literally "risk it all" ever! No matter what your niche is someone has already made the mistakes for you find out what went wrong and either make it right or leave it alone! Anyone who puts every cent they can muster into an investment with no exit strategies in place to minimize your losses is a moron and deserving of their new found homeless status!
5. "The Money Is In The List"
That quote is absolutely one of the most overlooked and undercut statements ever. You can't just limit it to an email list or buyers list! Your to-do list should only contain 3 things 1. Tasks that make money 2. Something that brings happiness to you or loved ones 3. Necessity tasks. All the rest don't belong on it. Your lead list is obviously money only if you're using it! Contact lists are just as vital even if they just make you happy in life they are vital to your success in some way,but if they aren't get rid of them!