Practice, Practice, Practice

If you want to super charge and shorten your path to big success, you will need to apply the forth rule I talked about—leveraging your success through other people’s money.  But before you attempt to bring partners into you financial plan you had better get out there and do some small deals so you will know how they work and so if you make some mistakes it’ll be with your own small deals and not with a partner’s money. Think of this as your practice phase.

This kind of phase will allow you to better judge what it will take to make a viable deal. What sounds easy to you on paper is usually such a different thing when you get out there and do it. I can tell you all about my own experiences but until you actually start making deals yourself, what I tell you will really only be theoretical to you. It’s going through all those steps—the  tiny ones as well as the big ones—that will really drive home the lessons I am telling you about here.

And doing some deals with your own money will give you a chance to build a portfolio of investments which you can bring to potential partners. Investing in your own projects with your own money also shows that you have full faith in what you are doing, enough to risk your own funds. This will add to the confidence people will have in you and will make it easier to convince them to invest with you.

The other thing in this phase to remember is that you will make some mistakes. It doesn’t mean this kind of investing isn’t for you, it just means you’re learning. And at least you will be learning and risking just your own dime.

So set yourself up to start making deals. Put money aside to make those first couple of investments. It’s that first big step that will make everything else you have to do that much easier.

The Success That Comes with Mentoring

Last week I started telling you the story of a young man who asked me for some financial advice. His questions and what I had to tell him was too good not to share.  Supercharging your goals is something we can all benefit from.

As I mentioned last week, you must first firmly set your financial goals and then write them down with a time dead line. After that, you can super charge and speed up your attainment of those goals by following these few easy tips:

1. Go out and find a mentor–Mentors are a must!

2. Get your feet wet and get some experience on a few small financial deals.

3. Go out and make yourself the best calling card possible.

4. Use the “Partner Path” to supercharge and speed toward your goal.

Anyone who has followed my blog over the years knows that I became so financially successful by wisely using leverage to buy real estate. I started with small houses, duplexes and small apartment buildings—usually ones that needed to be fixed up—then I rented them out and or sold them. Look at these numbers and the return on investment and you can see just how a person can make a fortune in a short time by using ten to one leverage and selling property for, let’s say, 10% higher price than the price paid for it. This can give a 40 or 50% return on your money or even more … because of leverage.

So, with this as the basic game plan I advised the young man to follow the tips I just gave him.

1. Find a Mentor: A mentor should be someone that has done what you want to do and has been successful at it. I encouraged this young man to meet with his mentor frequently and to pick his or her brain as often as he could.  He was already doing that with me but with how much I travel he was going to need at least a back-up mentor.

Now, how do you find a mentor and more importantly how can you get them to agree to be the mentor? Well, my advice is to use the Onassis model or method.  The Onassis method, as I call it, follows what Aristotle Onassis, did many years ago when starting out to meet the perfect contact so he could import cigarettes from Greece to South America where he lived then.  This is the method I used to meet the billionaire founder of McDonalds, .

When Onassis was a very young man–long before he made his fortune- he wanted to meet a top guy in the cigarette business that could help launch him into his first business deal of importing cigarettes. So basically Onassis just pestered the guy–he simply stood out in front of his office every morning then by the guys gate at night–not saying anything but just looking like he needed help-finally after about 2 weeks the very influential cigarette executive stopped and said to Onassis. “Who are you and what do you want?” From that simple approach Onassis took a giant leap forward into that business, because this top exec told him to go see the main buyer and use his name as a reference.

From that simple strategy, Onassis began his road to become a billionaire.  I used a similar but easier tactic to meet with Ray Kroc,  the billionaire founder of McDonalds. I called his office almost daily asking his secretary for an appointment and after many, many phone calls she said that Ray would meet with me but for only 10 minutes. I flew to San Diego and met with Ray Kroc walking out of his office 2 hours later. Hey, what can I say?  I just asked him to tell me why and how he became such a great success in life and business and as it turned out he loved talking about himself. Who doesn’t?

There are three more items you will want to implement in order to be super successful but let’s save those for next week. In the meantime, think about who you would want as a mentor. Who is doing what you want to do in a very successful way? And what would it take to get a hold of that person and have them mentor you?

Learning From My Journey

Recently I met a young man who had some very big, big dreams for the future. I was quite impressed and fascinated by what he told me he was going to do with his life and, yes, I could easily see myself in him. Well, I had to go back 40 plus years in time to see myself in him but even back then, I too had huge dreams of success. As I listened to him, many sweet memories came back. Those years were such fun and exciting times. I gained both fame and fortune (even though the fame only lasted the traditional 15 minutes but it was great!)

This young man wanted me to give him some advice and help on a plan and formula that may have worked for me and might work for him. So basically I told him my road to riches story, about how I started with nothing but eventually found my fortune, far exceeding my wildest dreams. Back then my dream was to be a millionaire but I ended up with ‘multi’ in front of the word millionaire.

However, being a millionaire wasn’t my first goal. I had initially dreamed of being a NBA basketball star. I had led my American High School team from Ankara, Turkey to a come-from-behind finals victory in the Olympic stadium in Rome. I was on top of the mountain then and thought I could do anything but when I got to Utah State University on a scholarship and found myself sitting on the bench I realized I needed to alter my goals a bit. I went on to tell this young man that I quickly changed my thinking from basketball and broads to books on goal setting and fortune building. I became fixated on making a million dollars and wrote the goal down with a drop dead date—my 30th birthday. And I not only met that goal, I beat it.

So my advice to this kid was this–set a big goal or goals, write those goals down and then be sure to put a time deadline on those goals. I added that it’s also better to set goals around things that you love, like to do, and know you have some talent in.

The next thing I told him was about  the habit I had formed when I was only 19 years old, the habit of keeping a journal of my life and more importantly of my inner most thoughts, or as my dear friend of 50 plus years from my basketball days in Ankara says, “Journal your Journey”. I told this young man that those many journal entries over the years lead me to write a book that not only enhanced my own life but also pushed me to do more. That book gave me virtually instant fame and even added to my fortune. I was so blessed and lucky to eventually sell more than 2 million copies of my first book How to Wake Up the Financial Genius Inside You and that was just the beginning.

I will tell you next week, exactly what I told this young man to do. I’ll explain the ways to super charge and speed up one’s success path and even why he or you or most everyone who really wants to make a big impact on this thing called “human existence” should write a book. And, no, you don’t even have to have a literary agent or a publisher. Have you ever wanted to end up on the front page of the Wall Street Journal or be on the Today Show? Well, I did both and what I talk about next week can help you get there as well.

Super Brain Gives You Anything You Want

Last week I ended my blog with a tease, saying I would give you some secrets and methods of how to train your brain to give you anything you want.  The authors of the book Super Brain say that you need a ‘matrix’ to work from to accomplish whatever goal or goals you set for yourself.  They also make the very powerful point that the “secret isn’t exerting more willpower or beating yourself up for not being perfect. The secret is changing without force.” So to achieve goals and objectives in your life without force you need to create a matrix for making better choices.

Obviously if you are trying to lose weight you wouldn’t set up a matrix that lists thing such as:

1. Eat more meals at fast food places.

2. Buy and stock more ice cream and donuts in the house.

3. Watch more T.V.

4. Drink more beer.

5. Hang out with more overweight people.

For your matrix to work with a weight loss objective you would  much list items that were opposite of those listed above and you would be better  served if the list contained 10 or 12, or even more, positive directions that you would follow.

For example, the book Super Brain gives a wonderful matrix for a positive lifestyle:

1. Have good friends.

2. Don’t isolate yourself.

3. Sustain a lifelong companionship with a spouse or partner.

4. Engage socially in worthwhile projects.

5. Be close with people who have a good lifestyle–habits are contagious.

6. Follow a purpose in life.

7. Leave time for play and relaxation.

8. Keep up satisfying sexual activity.

9. Address issues around anger.

10. Practice stress management.

One last word of wisdom from Super Brain–“Success comes when people act together and failure tends to happen alone.” This last quote from the book certainly has been the case with me and my life with everything from making tons of money to losing weight to being in tip top shape.  I’ve been so blessed to be able to hook up and hang around all the right people who have made it so much easier to start and stick with a particular matrix.

Go ahead and start today by creating your own matrix for what you want most at this time in your life!

 

The Super Brain at 70

Finally, I’ve past the 70 year mark so now I can stop being so focused on my ‘age’.  But I am thinking and acting on maintaining and improving my “Super Health”!  Why, oh why, would I want to do that?  Oh, I don’t know, maybe because great health and longevity are more than a little important to me as it is for most people, especially as we age.

With that in mind, I found myself reading, for the third time, Super Brain by Deepak Chopra, M.D. and Rudolph E. Tanzi, Ph.D. I do so love their subtitle Unleashing the Explosive Power of Your Mind to Maximize Health, Happiness, and Spiritual Well-Being. What a great book!

Even though I was having such a fantastic time, I even thought about this book at my huge 70th birthday bash. My wife Kimberly put together the most amazing party with over 200 people including family and a ton of great friends. We had professional Brazilian dancers and a drum team (my daughter Cammy is on the dance team) plus three talented fire dancers that put on a fantastic show that reflected off our pool with the night lights of the city as a back drop.  And the party went on until 3 a.m.!

That night Chopra’s book popped into my head as I talked to an old tennis friend, Galen Young, who is just short of turning 90 years old. The thing is, Galen is still playing a mean game of tennis (he is currently ranked 10th in doubles and 5th in singles in his age group in the U.S.) He has even set another goal firmly in his super brain–he has decided that he is going to win another gold medal at the Huntsman World Senior Games–and I sure wouldn’t bet against him.

You see, the book Super Brain really does reveal some super secrets and methods to train or program your brain to give you pretty much anything you want.  The authors give some great brain plans for super health and super longevity and good ol’ Galen Young is out there doing it so you know what … anyone of us can do the same thing!

The day after the party I jumped back into the book to re-read and re-dedicate myself to applying the concepts and the methods that Super Brain reveals. Here they are …

Ok, I am teasing you now because we will wait until next week to share those details. If you can’t wait for my blog, by all means, go ahead and buy the book! You’ll want to eventually anyways.

How to Teach to Help Others and Yourself

Last week I talked about the epiphany I had as I was doing my daily walk (a day I put in 10 miles of walking!)  As you may remember my breakthrough epiphany was that when we start teaching and preaching helpful ideas and  life enhancing goals with  other people , our very own progress and development is inevitably pushed faster toward achieving the very goals the ideas support.  It’s a pretty neat deal–as we help others we help ourselves!

At the end of last week’s blog I promised I would give you ideas to “jump start” your preaching and teaching plans. It isn’t necessary that you be a teaching type or that you have experience in helping to lead others toward achieving goals. You simply need the desire to help and see others succeed.

So here you go. Read these, follow the suggested steps and see what happens! When you’ve seen the effect you can have on other’s progress as well as your own, expand your influence to compound your success and the positive changes you’ve helped make in other people’s lives.

1. Pick a part of your life you want to greatly improve upon.

2. Write it down.

3. Make a list of comments and talking points that will help you present the benefits of the particular goal that you are going to share with relatives, friends and maybe even strangers.

4. Make a list of those relatives, friends, business associates and acquaintances you’d like to help. The best place to start is with your spouse or partner, so you may want to put them on the top of your list.

5. Now go out there and start teaching and preaching. It doesn’t matter how you do it. It could be face to face, by phone, or through email or texting. The only real rule is to share what you know with openness and caring. Understand that some people won’t be ready for the ideas you have to share. Don’t push it on them; just let them know you’re there to help when they are ready.

6. When you feel you have had significant experience and success, you can also teach more broadly through a blog, guest posting on other people’s blogs and websites or volunteering through mentoring programs for kids, college students, small businesses or whatever matches the kind of knowledge you have to share.

Improve From Your Own Teachings

As I was doing my daily walk, I was struck big time by a profound thought! The thought has huge life enhancing potential for everyone on the planet. It has already been changing and helping my life because I have been using it for a long time only I have never really identified it enough to put into words until now.

I’m going to share this with you but, please, think deeply and intently about this and then put it into practice. See if it doesn’t profoundly enhance any part of your life that you choose to drastically improve. Whether you want to get in super great shape or become a much better parent or partner, or even make a few million dollars, you can do it if you follow these ideas.

Any goal, habit, human quality or desire that I start preaching, teaching or pontificating about automatically and almost without effort pushes me to do more of it myself. Those spoken and written pontifications are like a truth drug for my mind which pushes me to do what I have encouraged and taught others to do.  I am totally convinced it will and does work that way for everyone.

If you have been reading my past blogs you might remember me setting some pretty tough and overly ambitious work out, weight loss, and healthy eating goals for myself as I count down to my big 70th birthday.  As of the blog posting this week, I am only 4 days away from 70. As I look back on the last 86 days I’ve been doing this, I must say that not one day has passed without my mind fixating on those self-promises and the advice I gave to myself as well as to all my readers. I can now see that it’s been my inner brain keeping me on track rather silently and automatically.

I guess you could say that my brain pushed me to remain “true to myself” and to my readers.  You see, if you teach and preach to others what they could and should do for self-improvement, or just about any subject, your inner self gives you the message that you must live up to what you put out there.  We all know the saying “practice what you preach” and our inner most brain and soul does not want us to be a hypocrite, therefore our subconscious pushes us to be true to our words.  I am pretty darn convinced that is how we automatically become better at whatever subject, goal or life enhancing ideal we talk about and teach to others.

I challenge you to start teaching a preaching something that you want to improve in your life (be sure to write down you goals and objectives so you can stay on track) and then in a few months take a look back and see what it has done for you and how it has improved other people’s lives.

Next week I will give you a few great ideas to “jump start” your preaching and teaching plan.  Get ready to make things happen!

The Missing 777 and Overcoming Fear

Have you heard anyone say recently that they are not going to take any trips by airplane, because of fear since the 777 Jet went missing?  I’ve only heard one person allude to that, but I’ll be watching to see if airline ticket sales drop because of the fear factor since the Malaysian jet disappeared.

Fear is a very interesting human reaction hooked to so many things in our lives.  Much of the time it has little or no basis to reality or logic.  As you may know the fear of flying is one of the more common human fears although it is statistically extremely safe.  If you were to choose, at random, a commercial flight every single day for the rest of your life, guess how long it would be (statistically) before you got on an airplane that crashed? And, drum roll …would you believe it would take 19,000 years? Yes, that’s right, nearly 7 million flights/days until your statistical chance would be up!  I’ve talked to many people and gave them these numbers and they are STILL afraid of flying.  They know the numbers but their fear trumps the facts.

Fear holds so many people back from fulfilling their big dreams and goals for what are often illogical reasons. Many years ago I wrote a book titled The Courage to be Rich. In my book I talk a great deal about using “courage” to overcome fear.  Building up your courage to be rich, to give a speech to 1000 people, to write a book, to travel to a distant and strange new country or to be super successful in anything  requires you to identify what fears are holding you back and replacing those fears with positive thoughts and actions.

One of my favorite tricks or ways I overcome fear is to use the IGDS philosophy.  Quoting from my Courage to be Rich book, “What is IGDS?  It is accepting the truth that “I’m Going to Die Someday”……so why not really live life now?  Why not really go for it? What have you got to lose?”   I am not saying you should take wild crazy, life threatening risks but I am saying to face your fears and go after what you want with all you energy, zest and strength. Take some calculated risks realizing that you’re going to die some day and you don’t want  to have to say to yourself what Henry David Thoreau said many years ago, “Oh God, to have reached the point of death, only to find that you have never lived at all.”

 

Revisiting the Super Brain

The last couple days I followed my own advice and re-read a great book that I hadn’t picked up for about a year. The book is by the brilliant Deepak Chopra and Rudolph E. Tanzi and is titled Super Brain. I saw the book on my bedside shelf and it grabbed my attention–probably because my experience the night before.

Kimberly and I attended a gala fund raiser for the National Ability Center and listened to a short speech by Anna Beninati where she talked about her experience as a skier. She’s very talented and has Olympic gold medal dreams. But what makes her story so special and unusual is the stupid decision she made as a teenager. She was running alongside a moving train trying to jump on it only she didn’t quite make it. She fell beneath the train cutting off both her legs. However, she considers herself very lucky. Wow!

Why does she consider herself lucky? Well, first of all she is grateful to be alive but it doesn’t stop there. She’s lucky because that terrible accident changed her brain. Accepting that she had no legs, she decided she would make her life count for something and I don’t think if she wins gold at the winter Para Olympics in Korea in a few years that she will stop at that point. That will probably just be the beginning of using her “Super Brain”. I think she already deserves a gold medal for using her brain to push it to that level.

Our brains, as Chopra’s book explains can make us or break us. It all depends on how we use them. We have a choice to either control and program our brains to serve us or we can sit back, do nothing and let our brains control us.

On that note, let me share some of my “margin notes” from Super Brain.

P. 40 Whatever you pay attention to grows.

P. 42 Expect past memories, as well as the things we’ve learned, to come to us and they almost always do.

P. 16 You train your brain to do what you want it to and it will do it.

P. 31 You can choose to follow the upward learning curve no matter how old you are! (Creates new dendrites, synapses and neural pathways.)

P. 63 If you actively act as the leader of your brain you can reprogram your own neurochemistry.

P. 70 Inertia is depression’s best friend.

P. 71 Depression creates an illusion that all my power is stripped away.

P. 72 The brain is transformed by meditation.

P. 40 Don’t ever say to yourself or others “my memory is going”. If you say that your inner brain will prove you right.

P. 230 You need to motivate self –especially as you age.

And as an overall summary of this great book –the theme could simply be….Use Your Brain–Don’t Let It Use You!!

A Great Evening with Richard Paul Evans

My good friend and fellow author Richard Paul Evans (who, having sold over 17 million of his 31 great books, is a bit more successful as an author than I am) invited me to join him as he made a great presentation to about 150 people last week.  His subject was based on his book The 5 Lessons a Millionaire Taught Me.  My wife Kimberly and I very much enjoyed both Rick’s motivating and informative remarks and the wonderful people we met afterwards.  I totally agreed with Rick’s view on money, on what it is and what it is not.

Among other things he said, “Life isn’t about money.”  He explained that life is about love and family but without money “life is thrown out of balance. To the financially enslaved, life becomes all about money; too many are missing the opportunities and abundance life has to offer”.

Of Ricks’ 5 Lessons, the first two I find to be so very important: that you must decide that you are going to become wealthy and that wealth is about saving money through either earning more or spending less.   I certainly agreed with those two first lessons, in part because that’s exactly what I’ve been preaching for many years and it certainly has served me well. It transformed a poor, struggling guy into a multi-millionaire. And my path didn’t come from being brilliant, as my C- grade average can attest.

Many years ago I noticed that most people’s spending rises at the same rate as their income when it increases. Too often it rises even faster, creating a debt loaded and stressed out person.  So if that sounds familiar and you want to be wealthy, or at least be way ahead in the money game, set a goal right now to start spending less than you are earning. Without any savings it will obviously be hard to proceed with the next step of investing wisely.

It really is up to you to either allow yourself to be controlled by money or be the one in control of it.  But always remember, life isn’t about money but with enough of it your life can be filled with abundance and opportunity.

Spending the winters in Kauai and being able to do things like take my kids and grand-kids to Europe for a Disney cruise to celebrate my 70th birthday certainly doesn’t make my life perfect. However, giving others those types of grand experiences that stick with them for life certainly does incredible and wondrous things to my brain and my level of satisfaction, and without money I couldn’t do these things.  So I encourage you to set the goals, follow the formulas for wealth and use that wealth wisely to enhance your life and those around you. You won’t be sorry that you did it.

If you need more information on a good financial formula go to my book, The Next Step of Waking the Financial Genius Inside You. I also strongly urge you to go to Rick’s website and sign up for his notices, giveaways and special offers atwww.richardpaulevans.com.

 

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