Wealth Strategy

I won the lottery! Well, not exactly “that lottery”, but it’s safe to say that I’ve been extremely lucky during my lifetime – so it’s kind of the same and I want to help you “win” too. What to I mean? I grew up with hard working, financially aware parents who talked to me about money and investing. One of my 2 best friends in the world, Garrett Gunderson, has become a NY Times Best Selling Author and one of the most sought after financial speakers in the country. I discovered a business mentor, Ron Legrand, at age 28. He transformed my life and showed me things that I could have never imagined possible. The list goes on… Why am I telling you this? Because odds are good that you didn’t grow up as “lucky” as I did, and I want to share what I’ve learned so you can win your own “lottery”. To be clear, I’m definitely not bragging. Even with the “luck”, it hasn’t been all roses and cupcakes for me. At one point I lost over $2.5 Million during the 2008 meltdown. It sucked. But it may have been the greatest – and most Soul crushingly painful – learning experience of my life. But overall I have been incredibly fortunate to witness what TRUE financial success looks like over the past 20+ years in my life. Beyond that I’ve worked deeply with 1000+ successful business owners over the last 10 years. I’ve seen what works. I’ve seen what “appears” to work but doesn’t. Sometimes its gut wrenchingly sad, but it’s always insightful. From people earning $40k a month but couldn’t sleep at night over a late rent check of $400. To people with a high 6 figure MONTHLY cash flow and never spent more than a few hours a week on their business. Each person is different, but the similarities become obvious when you get to look deeply inside the financial lives of so many business owners. Today I’m going to share few things I’ve seen set the wealthy, abundant and happy apart from everyone else. Here are 5 things that I’ve found apply to nearly all highly successful business owners have in common: 1) They know that systems are consistent and “will power” isn’t. Successful people have systems for accomplishing the important objectives in their life. Whether its an intentional morning routine, date nights with their spouse, or a time management system for their business – they build systems to support what they want to accomplish. In regards to finance, the single most important factor I’ve seen in wealth building is systematic savings.  If you have a system for saving money it opens up access to every other aspect of financial abundance. If you don’t, you’ll never get out of the starting gates. A system allows you to build up money for investing, growing your business, and maintaining an abundant mindset. If you get only one thing from reading this article, let it be that you NEED a system for saving money if you ever want to build serious wealth.  You may be able to find an occasional exception to this rule, but I prefer to build success on what works consistently rather than based on unicorns! NOTE: I teach several systems for saving and growing money outside of Wall Street. If you don’t have a good system for this, connect with us here and I’ll show you how. (Especially our system for building your own bank) 2) They know that specialized knowledge builds wealth. If you know how to do things that most people need but don’t know how to accomplish, you will get paid handsomely for your knowledge. This applies to everything from dentistry to real estate investing and everything in between.  If you want to become successful at something, seek the deep, specialized knowledge that others cannot (or will not) acquire.  It will allow you to either have an advantage over your competitors or provide services that are in scarce supply. Take the time to invest in your education, mentors, and spending time with people who can help you acquire the skills and knowledge necessary to become elite in your chosen field.  This kind of investment ALWAYS pays off, so do it early and often. 3) The truly wealthy have discovered that taking action is more important than “looking good”. The most accomplished people I’ve ever encountered were obsessed with taking action.  It’s true that they often made mistakes, but they also learned quickly and took more action based on those lessons. Don’t be afraid to make a mistake.  Fear paralyzes most people into inaction and robs them of their ability to capitalize on the opportunities available to them. I recently heard that “Self doubt kills far more dreams than failure ever will”. DO NOT MISINTERPRET THIS POINT: This doesn’t mean taking reckless action. I know the media glamorizes being a renegade or gun-slinger, but unnecessary risk is a HUGE mistake. In fact, most of the uber wealthy (aka Warren Buffet and friends) encourage ONLY doing things that have an extremely high probability of success. That means gathering information quickly, determining if a particular action is the right choice, and either taking action immediately or moving onto something else. It DOES NOT mean saying “yes” to everything. It means being decisive and committing to a course of action if it fits. Some of my 7 figure earning clients would literally finish our session and have everything we discussed “in play” within 2 hours of our conversation. These are the big names that are on the covers of magazines or run huge organizations.  They didn’t get there by accident. 4) They know that if you don’t pay attention, you WILL pay the price. I loved Robert Kiyosaki’s book: Rich Dad, Poor Dad but it led a lot of people to believe that your investment income can be completely “passive”. Don’t fall for that myth. Sure, you can have income that is MOSTLY passive, but

One of the biggest limitations I see when I’m working with clients is that they are always looking for outside validation when they make decisions.  They want to make sure that the choices they make are going to be accepted and approved by those in their social circle. They believe this makes them “right” and it feels safe. The reality is that only doing the things everyone approves of is a self made prision! You or your business will never stand out. Your results – whether its financial, social, health, etc – will never take a quantum leap. Your life and your performance will be average at best, and possibly worse. So how do you avoid the “Average Trap”? How do you avoid feeling helpless or like a carbon copy of everyone else? Simple. Stop asking for permission. In other words, you need to learn to trust yourself to make the decisions that are best for you and those who depend on you.  That means sometimes people won’t agree with you.  It’s ok. If you actually knew what everyone around you believed, you wouldn’t find a SINGLE PERSON who agrees with you on everything. So stop pretending. It’s ok to be different. In fact, the world NEEDS you to be different. It’s how you create unique value in the world and why people love you! If you’re a business owner, you’ve done this before. You had a dream and you trusted yourself enough to make it happen.  However, once isn’t enough. That one decision likely changed the trajectory of your life, but just one powerful moment isn’t all that you’re capable of creating. You can do it on a daily basis and in all areas of your life if you choose to… You don’t need to eat the same crap as everyone around you if it doesn’t suit you.  Decide what aligns with your goals, and eat accordingly! You don’t need to go to the social engagements that bore you to death. Instead begin planning your own social activities and invite the people YOU want to hang out with… If you’re not saving enough money or creating the financial results you want, then stop doing what everyone else is doing.  Think for yourself. Learn about new options and THEN decide what is right for you! Nearly all of my clients have had the “buck the system” to create the financial rewards they want… that’s why we work together. They’ve decided that the ‘status quo’ isn’t enough for them, and that the system they were handed isn’t a fit. So they’ve made the choice to do what IS a fit for what they want in their life! So stop asking for permission to be successful, fit, rich, happy, and free!  Decide what YOU want and then begin cutting your own path! It may not sound easy, but compared with the alternatives it’s totally worth it. Choosing your own path truly is the key to success. It’s what has created the best parts of your life, so don’t be afraid of it. Sometimes your decisions don’t work out, so what. At least you made your own choices, and you can continue to learn from them as you grow. It’s not about being ‘perfect’ or ‘right’, it’s about being YOU! And when your decisions DO work out for you, people will call you “lucky” and ask how you did it.  At that point, you’ll know that you’re on the right path and you can share what ACTUALLY works. LIKE WHAT YOUR READING? THEN YOU’LL LOVE OUR VIDEOS. YOU CAN WATCH AND SUBSCRIBE HERE>>> Ready to cut your own path? Begin by downloading What Would The Rockefeller’s Do? and find a whole new way of looking at money!

We’ve all heard the story of the guy who invested a few bucks in some kind of investment and then watched the value of his returns rival a Space X launch into the stratosphere!  These kinds of stories are the stuff of legend, and might even make you willing to take a little higher risk in hopes of gravity defying hopes.  But before you get TOO excited, let’s talk about the “other side” of these stories. Here’s the reality… For every person who cashes in on millions, there are LOTS of others who had to lose. All that money had to come from somewhere, right? It could be that others were the “greater fool” willing to pay more than necessary in hopes that your investment’s value would continue to rise even further.  Or it could have been that they “bet” on something happening while you bet on a different result.  However, if you don’t have incredibly high levels of research or knowledge backing your decisions, you are taking tremendous risk that you won’t be so lucky next time. So let’s call it what it is… you are legally gambling with your money.  Period. In the case of Bitcoin’s meteoric rise and subsequent pull back, there have been some big winners, but also a bunch of losers.  Of course, the big winners publicize their wins (and probably use them to get you to buy their advise, programs, etc.) and the losers hide their losses so you rarely hear about them.  But when you hear do the real stories behind the “losers”, you begin to see why this sort of high stakes gambling is so devastating. For example, I recently spoke with a client who was making ridiculous returns in one of her “investments”.  She’d been making nearly 1% A DAY for the past 6 months and had systematically dumped her entire 401(k) into funding this incredible money machine.  She knew it wouldn’t last forever, but she just couldn’t stop – the money was just too good.  She’d built up to where she was making thousands of dollars a day, and she could see how staying in “just a few more months” would set her up for life. Then I got her text… Last week all of her funds were frozen and she was told that her investment was undergoing an audit.  She doesn’t know for sure, but it’s possible that she won’t get ANY of her money back. This is a single parent with 2 kids starting college in the next 2 years and no way to help them pay for it.  She’d been building up that money for nearly a DECADE, and it might be wiped out in one blow. I could tell you dozens of stories like this one. Circa 2010 they were as easy to find as fallen leaves in September.  We all remember those stories of divorce, bankruptcy, and even suicide.  It can be ugly (ask me how I know). I’m sharing this with you because I see the kind of mania that preceded the crushing fall of 2008 happening right now.  People are overpaying for investments, real estate, crypto currency, etc. because they’ve forgotten and that markets don’t always go up, or they are afraid of being left behind. I get it, it’s human nature. But the big banks and financial institutions have used this emotional leverage throughout history to become so profitable.  They know exactly how to take advantage of the situation because they’ve done it dozens of times before. They win big while most of the “little guys” get smashed. I don’t want that to be you… The good news is there’s a better way to build wealth.  A way that doesn’t involve the Wall Street Casinos, Bitcoin (or other crypto currencies) going up forever, or all of the other risk that comes with investments outside of your control. Its time to be smart with your money. If you aren’t, you may end up with a financial “crash landing” in your future.  Trust me, those are no fun. If you’d like to look at alternative strategies that don’t involve taking unnecessary risk while creating solid, predictable returns on your money – we can help.  Simply set up a complimentary assessment session (click here) now, and we’ll be happy to show you which lifetime income strategies might fit for you! LIKE WHAT YOUR READING? THEN YOU’LL LOVE OUR VIDEOS. YOU CAN WATCH AND SUBSCRIBE HERE>>>