A baby learns to walk by falling over many times. An entrepreneur learns to succeed after stumbling along the way. Teaching yourself, and your kids, to be successful in business requires Natalie’s fourth P: Perseverance (perseverance on their part, and yours!)
For example, Cathy and I have learned that in the business of referring people to an opportunity, many people will just not be interested. With enterprising teens watching, how do parents set an example to persevere in the face when people say “No”? Well, the mindset for success is to celebrate the “No.” After so many of them, a “Yes” will inevitably follow. One of my mentors, David Wood, says to do the Happy Dance whenever you get a “No,” because the rejection only moved you one step further towards the “Yes.”
Your kids, whether entrepreneurial or not, are going to like to see that Happy Dance, making it a practical way to help seal the behavioural pattern of success in their mindsets. Being able to overcome rejection in business, rejection from friends and rejection from family is paramount for kids to be successful.
Our vocabulary also plays a huge part in our ability to persevere. In our family “Can’t” is a swear-word and not allowed to be used at any time; “Can” is encouraged. Many people, including kids, are quick to give up when the going gets tough, saying, “I can’t” rather than “I can.” The little kids in my family actually believe “Can’t” is a swear word, right up there with the other big four letter words!
Another phrase to abandon is, “It’s too hard.” Natalie showed us a little trick she used to change her perception of what is hard. She bought a toy button that calls out, “That was easy!” when you press it. Natalie would strap this toy button to her volleyball net pole. Whenever she did something very well that was also very difficult, she would run up to press the button: “That was easy!” Try it for yourself… press the button below!
Being the best in the world at your sport certainly has its challenges, and my kids would love to try out one of those buttons. You can get them from Amazon.com. But whether or not, the point is not to say “That was hard!”
These tactics to increase the level of perseverance in kids and keeping them on a successful track comes easier when you have a Plan. This is the fifth P we’ll talk about next week.
Make sure you have a look at the short video (click the image above) we made of Natalie Cook giving a special message to our kids. Can you spot the BLOOPER?
“Most people are etching out a living and only a handful of people are designing a life”
This is such a powerful statement and one we often don’t take the time to consider that carefully. After many years of etching out a living, we are finally ready to design a life for ourselves and our children. And when we can do it, our children have that example as another way of looking at life and making informed choices about their own pathways in life.
Michael Clouse is an inspiration!
We were fortunate to hear Michael speak at the annual Isagenix Convention on the Gold Coast recently. Michael gave an awesome talk about Leadership.
Before I share his message, I’ll firstly introduce this amazing and very entertaining man.
Michael Clouse is a professional Network Marketer. He is recognised as one of the top twenty Network Marketing Trainers in the world today. His background spans over 25 years in the industry. He is an Author, having written several terrific books. His book “Future Choice” shows readers why Network Marketing may be their best career move (encourage your teenagers to read this one before they head off to Uni!). Michael came from a disadvantaged home, yet has managed to become super successful.
Early in his career, Michael studied the most successful network marketers around the world. He then modelled himself upon their habits and mindsets.
Michael is “time rich” and “money rich”. He now devotes 300 days a year to himself and his family and for 65 days to work and giving back to society.
Michael explains that we all need time and money, and we need these two things in balance. What most people do is they give up time in order to get money. Throughout their lives they work hard in a job or small business, to bring home the bacon. As a result they are very time poor although they may have increasing money. It is only later in life that they increase their time; however, their income drops.
People will argue that they have little choice. They have families to raise, mortgages to pay and expenses. They need to work! In our world, this may be true….but not so in an Entrepreneur’s world.
How is it that many wealthy people have managed to attain this balance? Well, we need to look at how they’ve created “time freedom?”
Wealthy people can buy time. This can include getting the house cleaned, or paying someone to do the accounts, or getting a wonderful cook in……….all to allow them to spend time with the ones they love and share experiences with the ones they love. You get the picture.
It’s quite amazing how many of the wealthy come from humble and often disadvantaged beginnings. Michael Clouse was one of those people! And he, along with others like him had to start somewhere.
There is a solution to this time-money balance…
Here we are with the legend!
According to Michael, the solution is Networking Marketing! In fact, many wealthy celebrities agree that Network Marketing is a terrific vehicle for growing a big business on the back of an established Global Company. Robert Kiyosaki, Donald Trump and Warren Buffett are three mega tycoons who talk about network marketing being a terrific vehicle for wealth creation without much outlay. It’s accessible to everyone.
Michael says if you do it right then most people can grow a big business and work less and less time.
“Success leaves clues!” Study success and you will see the game principles. Here is a selection of success principles that Michael understands and uses in his own life. He studied successful people to learn their habits…
Network Marketing Success Principles
Get into the game and then stay in the game.
Figure out what’s in it for you and then commit! You will meet challenges and have to overcome barriers. Being fully committed will get you through.
Focus on the fundamentals.
With a networking business these are:
Connecting with people.
Presenting to people.
When they say yes, take the time to teach them how to run their business.
Learn Why Network Marketing May Be Your Best Career Move. Click the Image to Buy Michael Clouse’s Awesome Book!
“Keep the Main Thing the Main Thing!”
Stick to the system that works. That is
Tell your story! Ask yourself today, “How many times am I going to tell my story?”
Use the tools. The company provides all the tools. So use them.
Have an interest in “being better tomorrow than you were yesterday.”
Be sincere and recognise every accomplishment publically and privately. Recognise yourself, the company and your team.
Lynn Hagedornyour team and the company.
Praise- “Babies cry for it and men die from it!”
Michael Clouse teaches and uses these simple principles. He himself has built million dollar networking businesses and he has personally mentored people to be networking Millionaires.
Take the amazing Lynn Hagedorn (Isagenix), who went from zero to millionaire in only fourteen months!
This weekend we will again be attending Michael Clouse’s training in Perth. We can’t wait to learn more from this great leader and hilarious speaker!
Kaitlin our eldest daughter, is coming along too! We figure that it is a tremendous opportunity for her to learn about success from a successful person. Network Marketing is a career option worth knowing about.
It simply broadens the choices a young person has.
If you are interested in coming along as well, contact us and we will get you booked in. You don’t need to be an Isagenix Business Builder to see Michael Clouse Speak. In fact, it is open to anyone.
In our previous post we shared Sean Rasmussen’s teachings around developing a healthy self image. This article follows on from that discussion as we share more of his valuable teachings around being successful in business.
How would you like to know Sean Rasmussen’s Business Success Formula?
Teaching these understandings to your children will set them on the path to being successful entrepreneurs.
Sean introduced a simple formula that will get results in business. The formula is…
(Training + Tools + Team) X Time = Results.
This formula can fit all business models, whether it be Network Marketing, conventional business or an Internet Based Businesses. This fits with what we have read about Robert Kiyosaki and his Business Builder model (as opposed to small business). He describes building a business system that will grow itself. Sean’s formula formed the bases of the whole Boot Camp of which we were taught how to address each aspect through Internet Marketing.
In our recent blog about David Wood we discovered that he also uses this formula for business success and he taught us how to apply it to Network Marketing.
Training: Attend the boot camps, join a program, find a mentor and study the business system.
Tools: Use the tools provided by the business system. Use the tools that work, don’t be a tool trying to work it all out for yourself! Or as David Wood says, “Use the tools, don’t be a tool!”
Team: Build a team of experts around you who build your business. In internet marketing it may be virtual assistants, ghost writers and marketers whom you can contract very inexpensively from counties such as the Philippines or India. With Network Marketing it will be the people in your upline as well as those in your own network that form your team. You help them build their business and yours will naturally become successful as well.
Time: Give it your all! Without putting time into your business initially it simply won’t be successful. With businesses that grow and generate a passive income the amount of time you need to commit it great to begin with and the income is small, but as your business grows your work time will diminish, but your income will continue to grow!
Results: Your income generated from your business.
Teaching Kids the Business Success Formula
Flynn extracting the honey from the honey cone.
The Business Success Formula can easily be taught to kids. Firstly help them get started with an enterprise. This way they will learn all about it. For example my son Flynn has learnt a huge amount about bee keeping, harvesting and processing honey and then marketing it.
Next teach them how they can make their business easier by utilizing the right tools. In Flynn’s case it was about borrowing the right extractor equipment and using an expert’s advice (his Grandad) which saves him time.
Then investigate ways of putting a team together to make the process less work and more profitable. Flynn utilized his friends to help bottle the honey, he had people selling his honey on consignment and he found people to take his honey to the market. He wasn’t doing all the work!
Flynn with his product
Explain to your kids about delayed gratification. That is: put the hard yards in now for a financial reward later. Once they see a result in their wallets/purses then they will fully grasp Sean’s formula for business success. Flynn has realised this. He used all his own money to buy his honey and he also paid for everything he required to bottle and market it He understood that he needed to make his business work in order to get his money back with profit. Once he experienced a result with his first batch of honey, he became much more focused and determined with his second batch, which by the way he invested twice the capital!
Three Reasons Why People Are Not Making Money Right Now!
Sean Rasmussen also pointed out three reasons why people are not making money right now. He emphasises the importance of “Action, Intention and Value”. When people use the Business Success Formula, and also attend to and are clear on these three things, they are perfectly set up to make money in their chosen enterprise.
Action is obvious. Take action straight away whenever an idea or opportunity presents. As soon as an idea presents itself, build upon it. Avoid killing the idea with all the “what ifs”.
To illustrate the point about Intention, Sean had us all write onto a small card what our intent was for the three days at the boot camp, and then we put the card in our pocket to be carried around where ever we went. The idea is… we thought about and put out to the universe our intent without trying to force an answer or outcome. Amazingly, by the end of the three days the answers to our intention were answered! Intention can also be aligned with having a plan.
He refers to Value as being your highest values. Sean Rasmussen explains that your highest values dictate what you focus on. So it is crucial to ensure that what you want, whether it be health, money, family or whatever, is high up on your value list, otherwise it simply won’t happen.
Our Money Mastery mentor, Paul Counsel, also enlightened us to this very important distinction. For us we struggled with putting business ahead of family as our highest value. Our kids have always been our highest value and consequently take up all our time and energy. So what we learnt was that we needed to align business with our highest value of family. Hence we have done that with this very blog and with other enterprise we are pursuing. By aligning our highest value with business, we then have better focus and desire, and our enterprise is moving forward and so are our entrepreneurial mindsets.
So there you have it… Sean Rasmussen’s Business Success Formula.
Flynn celebrating his business success!
In our next blog we will talk more about the wonderful personalities we met whilst on Bootcamp and the sorts of things they are doing to inspire others.about the tremendous opportunity for our kids (and us grown ups!) with building a membership site on the internet. The figures possible…. are mind-blowing!
In our last article we shared our awesome, mind blowing experience at David Wood’s Break Through Training. Our article talked about David’s teaching of how to be tremendously successful and happy!
He teaches about attitude, mindset and overcoming fear, but he also explains that you need a vehicle (preferably vehicles) to build wealth. David Wood’s favourite wealth creation vehicle is Network Marketing! He has managed to generate tremendous wealth from Network Marketing, and although he has built several million-dollar Network Marketing businesses, today he is committed to the billion dollar company, Isagenix! David Wood is a professional Network Marketer and an exceptional trainer and mentor.
At the three day training seminar we became friends with many people with awesome energy! As it was primarily an Isagenix training, everyone there were Isagenix business builders. This common ground gave us all plenty to talk about. We had this tremendous belief in the company and the quality products that it has developed and won national awards for. We also saw the tremendous opportunity Isagenix offers for those who want optimal health and those who choose to use it as a vehicle to build wealth.
Network marketing is the business of the future! People referring people to use the products that they themselves are using and believe have excellent benefit. There are no shareholders expecting dividends, middle man taking his cut, or expense through having to run a down town shop. You don’t need to employ anyone, pay for stock or maintain complicated book keeping. Network marketing requires zero start up capital, no franchise fees, and has a unique business structure whereby you help others to build their businesses and become successful, and by doing so it actually builds your own!
Now isn’t that awesome… all you need to become successful is to help your friends become successful!
David Wood explains that finding out about people and what is important to them and how you can be of help to them is the key to being successful. Connecting with people on a genuine and personal level cannot be underestimated.
Network marketing provides a proven system that works, so stick to it and use the tools the system provides. More of David Wood’s wise words…
“Don’t be a tool, use the tools!”… and… “Systems are duplicable, people are not!”
He points out that it is our job to be great leaders… and great leaders aspire to inspire! If people are inspired by you, they will be drawn to your energy.
Network Marketing doesn’t require degrees, or fancy titles, or real expertise… anyone can get involved. What’s more, people can choose how much they want from it, whether it be simply using the products, paying off their car payments or weekly bills, to becoming financially free! There is no cap on income, unlike having a job.
Once you build your business up it will pay a healthy residual income for years to come without requiring giving up time. Really… it is a perfect opportunity for those who are ready for it!
At David Wood’s training there were plenty of everyday people achieving success, with some of them having built profitable businesses in only a matter of a few short months. The sky’s the limit, but it requires dedication, honesty, perseverance and hard work, just like any business. It’s just that with network marketing, eventually the residual income will allow freedom of time for you to do the things you want to do. If you are lucky enough to find a product that you believe in and can see make a difference in the lives of everyday people, then it is also a career you will love!
Network Marketing is also an excellent wealth creation vehicle for young people leaving school. Rather than getting a job, why not encourage your teenager to become an entrepreneur and build a successful business. By the time their peers have completed their university degrees and entered the workplace with a hex debt, a young network marketer could be making a six figure residual income. It is something we will look at for our own kids.
Robert Kiyosaki, Bill Gates and Donald Trump all describe Network Marketing as an excellent type of business to be involved in.
Warren Buffett himself invests in three of the top world network marketing companies.
Points to remember when choosing a network company as your wealth creation vehicle…
1. The product must be second to none. You must use it, love it and have had a great result from it, or there is no point trying to make a business.
2. Do your homework on the company. What is it’s annual growth? Who are the leaders in the company, what is their track record and what is their vision for the business?
3. What is the company’s compensation plan? Does it help all of it’s members and give opportunities to all, no matter where they are in the network? There are many differing plans, some much better than others. The “Binary Compensation Plan” is one worth considering.
4. Does the company have a bigger vision to help make a difference in the world. Do they follow through with what they truly believe in and direct some of their profits to the charities they support to make a difference on a global level?
5. Are the products sustainable and likely to be around in the future? Are they well recognised and credible, and is the company continuously developing and improving their products?
May be a book worth reading!
To finish off we’ll share some of David Woods quotes…
“We don’t stop playing because we turn old, but turn old because we stop playing!”
“How I do anything is how I do everything!”
“Take 100% responsibility for everything in my life and for everything not in my life.”
In our next blog we get back to our own kids journey with becoming entrepreneurs. We will take another look at Kit and Chayse and see how they have grown their enterprising business and helped a charity along the way!