Big Time Persistence

One of the best kept secrets to big time success is focus, focus, focus. And persistence. These apply to so many things, especially wealth and health. If you do a lot of thinking on the things you want to do in life, whether it’s a huge goal or small, whether you want it to happen in the next hour or month or year, it is super critical for you to take time to think it through, do some planning, set goals, and put it on a time schedule. Do this and you may be big time surprised at how much you can get done.

There are certain things you can do that can almost guarantee your success if you stay on track, focus, and are persistent. In addition to writing your goals and dreams down, read, read, read articles, books and anything else that tells you about the success of others that wanted to do what you want to accomplish. Reading their stories should motivate you to get going and go after your goals.

Next, go out of your way to meet those people that have done what you want to do. Just be persistent, and when you meet them, pick the brains of those super successful people. I’ve done this with so many of my goals and it really works.

Okay, it’s not easy to do all this but persistence is one of the keys to making this happen so keep up that persistence. You can start with friends and family who have been successful. Once you’ve picked their brains and discovered how useful it is, this should supercharge you to go out and find others. 

So head out and find the people that have done the kinds of things you want to be doing. You will discover that there are some super successful people who love to coach and will give great advice on how they made it big. Maybe you can even get them to make you a list of what worked for them. Most super successful  people love to coach and be a mentor for other people who are really sincere about doing what they did.
For next week’s blog post, I want to share with you my story about all the many things and people that helped me big time, and I want to do the same for you!

Of Repetition and Courage

In the foreword of my book, How to Ignite Your Passion for Living, I included a great quote from my friend and mentor Paul J. Meyer of Waco, Texas. He said, “Rather than read a thousand different books, find a few that are powerful and life-changing and read them many times. Wait between readings for the material to sift through your brain, then read the book again. With the repetition, you’ll remember more of the information and more of what you learn will really sink in.” Being taught this from my wonderful friend helped my life in so many areas that I couldn’t count them all, but one of the big things this practice has done for me is to boost my courage to do the things I want to do.

In Chapter One of my book, I explained that “it doesn’t matter how old you are—you can be a young buck or an old fart. However, sometimes the young may lack the courage to go for something BIG or they may doubt they have enough experience or knowledge or resources to make it happen. And those who are older sometimes fall into the thinking trap that it’s too late—that somehow they’ve run out of time.”.

In that same chapter, I also observed that a tragic thing can happen to your life as you’re on the way to your death. That thing that some call a midlife crisis can hit you hard. During this time you can begin to run out of steam, stagnate, lose confidence and trust in yourself, and even give up on life. Because of this, many people die inside long before they’re buried. I have to admit that most of these things started happening to me as well, although not until about the age of 70.

Make no mistake, even young folks can experience this! There are too many in their 30s and younger who quit on themselves and never reach their full potential. Others think they have all the time in the world and never quite grab a hold of their lives or find direction and true purpose. But it doesn’t have to be that way. Anyone can greatly improve their life and find the courage to rebuild their passion for living. I’ll talk about that next week.

One more thing. Are you as amazed as I am when so-called coincidences pop up? While writing this blog, another great friend, a basketball buddy (and the guy on our high school team that was key to our winning the finals game in the last 20 seconds of our tournament in Rome, Italy), Ed Beckcom called. And you know where he called me from? Waco, Texas, where Paul J Meyer is from! Wow. I do think that these things we call coincidences are really our brain waves traveling all over the globe to bring us the most unexpected connections. 

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?

Mentor for Success

Well, did you start doing it? Did you start looking for a house to buy as an investment or a place to live and profit from today’s super low interest rates? If you don’t know what I’m talking about go read my blog post from last week entitled “Money Money Money”. Maybe I should have called it “Low Rates Low Rates Low Rates”.

If you are already in a very comfortable place financially and either don’t need to or don’t want to make some easy money (I probably shouldn’t call it “easy money” it’s more like “simple money” because it does take work!), then may I suggest you talk to your kids or friends that may not be so comfortable but have the drive, desire and energy. You can be a major financial mentor for them and they will love you for doing it and you will get a ton of satisfaction knowing that you directed them and helped them.

I receive so many messages from people coast to coast and even from foreign countries, thanking me for my financial advice, for giving them the motivation to get up and get moving and for making good financial things happen in their lives. There are not many things in the world that give a person more satisfaction and contentment than knowing you’ve helped someone make major improvements in their lives.

And I’m not talking just about money. Just helping people believe in themselves and motivating them to be proactive in any and every part of their lives is what it is really about. Having a solid financial situation is certainly a good thing and can help in a myriad of ways but there is more to life than money. Bottom line … help others to reach their goals with encouragement and constant support. You will get your reward in the happiness it brings you to see them bring about what is important to them into their lives.

Others’ Success Breeds Your Success

You ability to succeed, at whatever it is you want to do depends very much on your dedication, your passion, and a great support system. But something that is not often talked about that seems to be an essential part of a support system is the presence of a successful, talented. Henry David Thoreau was mentored by Ralph Waldo Emerson. Frank Sinatara drew a lifetime of inspiration from his mentor and friend, Bing Crosby. Even Bill Gates who has been said to draw so much from games like Risk and Monopoly spent significant time with Warren Buffett. It’s not just the wisdom that a mentor can bring you but the fulfilling and stimulating personal connection.

It is too hard to struggle in a vacuum, aiming for a dream that no one around you carries a similar passion for. That is why the most successful people either are drawn to, or seek out, the most accomplished people in the fields that relate to their passions. Do you have someone in your life that you look up to, that can share their wisdom with you and help you realize your goals? If not, you need to seek out these kinds of people through conventions, local meetings, and industry events–any where the successful gather. If you surround yourself with the right kind of people, someone is bound to take an interest in your enthusiasm and pass on what they have learned.

Although there are amazing people whose stories and legacies are hugely empowering, that you can access through books, TV and the internet to draw inspiration from, these distant or one way relationships will never replace the energy you get from one on one time with someone who has reached a level of success you are still striving for. Being able to have a discussion, ask questions, observe, and get feedback from a person who has gone through all the trials and joys that the road to dreams are paved with has an infinitely greater impact on you. And having such a person as a friend means you have relative access to those motivating discussions and inspiring support—and a better chance of getting where you want to go.

I’ve had many o my own mentors over the years but I think my most influential mentor was Larry Rosenberg with Paul J. Meyer right behind him. You can read more about both these wonderful men in my book,How to Ignite Your Passion for Living.