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It’s all in the System

June 7, 2013 by  
Filed under blog

Ridiculous! Most people won’t believe the next sentence, but it can be absolutely true if you want it to be: The average person can increase their income by 5 times and spend less time working than they do now.

Yes, that’s true, and I can prove it in just a few minutes. Then you can go out and do it.

A few years ago as I lay basking on the beautiful Poipu Beach in the South Pacific, I was reading, Double Cross, the story of Sam “Mooney” Giancana. Sam ran the Chicago Mob for years, involving “the outfit”, as they called it, in prostitution, numbers, vending and protection (a nice word for extortion) of legitimate businesses ranging from garbage collection to barber shops. They also were involved in running drugs, money laundering, motels, restaurants, night clubs and hijacking, to name just a few more.

How did Sam find the time to manage, direct and control such a vast cash generating empire? Sam was not even what you would call an educated man, so how did he do it? He saw the big picture and knew the key to his own personal success was in the “systems”. Nobody has more than 168 hours in a week to get things done–so to expand or clone yourself you must devise “systems” that work automatically, whether you are awake, asleep, working in Washington or playing tennis in Tangiers. And Sam had developed just such systems, systems that, once set up, would run on auto pilot most of the time. When the system slowed down or broke, he would fix it. Granted, his methods to fix the system were more than a little harsh. For us non-criminals when our tenant, broker or employee makes a mistake we might want to put them on some kind of probation or fire them rather than break their leg or rub them out.

Can you see the vision here? If you organize your life and business to run automatically without you–with income constantly coming in, especially from one source, then that gives you free time to work on other ideas, dreams and develop more income sources. Then you can literally increase your income by 2 or 3 times and even by 5 times and work less than you do now!

Personally, one of my initial driving forces was the thought or question of how my family would get along if I died the next day. So I went to work with that somewhat negative motivation and in a very few years I had arranged more than 95% of my income to flow in on auto pilot which gave me lots of time to work on more income streams. How was that done? In a word, Systems.

This week I just wanted you to take away the idea that you can make more money and work less by simply developing systems that can bring in automatic income. Next week I will tell you what kind of systems I used and that you can use to increase your income or just to give you more time to do other fun things.

 

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