This is where the rubber meets the road. Traction is
something we all lack when we are doing our research and
ultimate field tests in the quest for our first million.
More traction would be great whatever step in the ladder
you are at.
We generally focus on helping fledgling millionaires in
our work because it is the most rewarding and gives us the
greatest bang for our buck. To see an individual go from
clueless to savvy in a fortnight is a gratifying
experience. When its our resources that helped that
transformation, then its very satisfying indeed. So thats
the area we focus on here. This is for people who need
direction but have small resource capital to manufacture
acceptable results.
So lets give you a little traction before you seize your
jets.The following 5 strategies will give you the moves to
take you to the first level. -A guy/gal with a proven idea
that can be replicated-(An enviable position to be in)
1) Lets get this straight. Million dollar bank balances
are numerical in nature. By that I mean a million bucks is
not made up of 1 large million dollar bill. Its made up of
exactly one million single’s. Or to go to the lowest common
denominator, its actually numerically made up of One
thousand, million (or 1 billion) cents.
Make money fast and easy by thinking of money as
numerical and therefore exponential. A dollar that you hold
in your hand is the same as $1 million dollars. No
difference at all. Its a seed that grows into a tree, then
that tree spurrs more seeds. (I apologize for the metaphor,
but how else can we put this so you understand the nature
of the reality as it is)
2) When you approach your 1 million dollar goal, you are
biting off much much more then you can chew thinking about
that million.
To make money fast and easy always think small. Refine,
refine, refine. Then duplicate, duplicate, duplicate. Are
you with me? Is this making sense? Make a simple little
mouse trap, then make lots of mouse traps exactly the same
way.
3) Find demand and supply into that demand.
To make money fast and easy, even before you think about
“what” you will do, you are going to research demand. You
will become an expert at sniffing out needs. This skill is
a millionaires bow and arrow. Let me tell you, most
millionaires couldn’t hit the side of a barn much less the
bulls eye. But they DO know this. So their aim is not
important. What is important is that the target is nice and
gigantic. How can they miss?
Trust me, its what millionaires do, its how millionaires
think. Always supply into Fat juicy demand where the
picking is easy. Do you want medals of bravery or a million
bucks asap?
4) Have a structure you never deviate from.
They always failed to plan when they planned to fail.
Once your research is done never deviate from it. Give it a
good run but if it doesn't work out for you then move on
without shedding a single tear. Chance and “chaos theory”
are fascinating things. Probability is what millionaires
deal with. They never delude themselves into believing in
absolutes.
To make money fast and easy, you will not work backwards
or second guess yourself. Plant yourself firmly in the
middle of the road on the high side and go forward. Don’t
make it up as you go. Stick to what your demand planning
told you to do. Many give up after 1 failure, but
probability is a funny thing. We think we can control it,
but even when all your ducks are lined up in a row, it may
not work. But give it a chance and let it prove itself and
you may find over a number of attempts you will get the
results you expected.
5) Diversify AND Go deep.
They call out diversify when it comes to investing. Fair
enough. Things change and relying on just one source for
your income stream is dangerous. And it is. But there are
two sides to every coin.
The pareto principle states that reality and probability
are stacked unevenly. We as rational human beings think of
everything as equal and even. However scientific evidence
and business experience tells a different story. The pareto
principle is also known as the 80/20 rule. It states that
80% of your results comes from 20% of your activities. Is
this significant if true? You bet. It means that of every
effort you make, of all the many things you do to
manufacture your results, only 20% actually is responsible
for a large proportion (in fact 80%) of them.
So what does this mean in English? It means you can
easily quadruple your results by finding out what that
special 20% activity is and stop doing everything else. By
focusing on just that 20% activity you will not only
increase results, but you will create a new pareto
principle refined of the old one at a higher level. In this
way you move forward and evolve your activities to higher
and higher levels.
To your health and rapid success.