10 Habits Of A Multi Millionaire
I've got an interesting thing I want to share with
you, 10 habits of a multimillionaire. So I saw a guy called Grant Cardone share
this and Grant Cardone is currently worth about $300 million. So a guy knows a
thing or two about success, if he's worth $300 million. Would you agree? So
these are the 10 habits that he shared and because I can relate to so many of
those habits, I wanted to share them with you as well and maybe you
will find them valuable too and maybe some of your team members will find these
habits valuable because at the end of the day, success leaves clues. People
don't become successful or wealthy by mistake. Usually, people will become
successful and wealthy on purpose. So they're doing something that most
unsuccessful people, that most people who are not making the money are not
doing. I want to share those 10 habits with you, and hopefully
you'll find them useful and you'll be able to use them in your life and your
business.
Success habits number one is take action
immediately. So if it's worth doing, do it right away. So you see, like Jim Ron
used to say, he used to say, “Good ideas are like mining for gold. Rarely does
a good idea interrupt you.” So when you get a good idea, when you know that
there's something that you could do that would be worth, that means you could
make you money or it would be worth for your family or your other areas of
life, you need to do it immediately.
Don't procrastinate because the more you
putting something off, the less likely you are to do that thing. So take action
immediately because otherwise, there's a law of diminishing intent. The longer
it passes, the more time goes by, the less likely you are to do that activity
or to do that particular thing. So that's success habit number one.
Success habit number two is hit targets, hit
targets. So never reduce a target and do whatever it is necessary to achieve
it. So number one, in order for you to hit targets, you have to have targets.
Grand doesn't even talk about it because that's like a common sense, but guess
what? There's so many people that I've coached in business, who don't have
goals, who don't have targets, they don't actually sit down and write down and
even think about, what is it that I'd like to achieve? How much money would I
like to make? How many team members would I like to build, and so on, and so
on, and so on?
So number one, you need to have targets but then you need to hit
those targets. Don't reduce your targets, don't reduce your goals, instead,
think what can I do in order to hit it? What can I do to make it happen? Instead
of going, “Oh, why am I so unsuccessful? Why this didn't work for me?” Instead
ask yourself, “How could it work? What could I do to make it happen?” You know
what I mean? So that's success habit number two.
Success habit number three is keep statistics on vitals.
Keep statistics on vitals. So if it's important, measure it. And I remember one
guy, Ralph Paul, he said, “If you don't know your numbers, you don't know your
business.” So, again, if I went to a local grocery store around the corner, and
I asked them, I asked them, “How many cans of baked beans have you sold last
month?” They could tell me exact number. Guess why? Because they track the numbers.
They know exactly what's happening in their business, but again, very often if
I speak to a network marketer, to somebody who has a home based business, and I
say, “Well, how many people have you prospected last month?” “Well, maybe
roughly...” They don't know, because they're not tracking those numbers. If I
ask them, “Well, how many active team members did you have last month?” “Well, I
don't know.”
If you want your business to work as a
business, you need to start treating it as a business. So start tracking these
things. How many people in your team have placed their orders last month? How
many people have placed their orders this month? How many people have recruited
somebody? How many new team members do you have? How much points turnover have
you? And so on and so on. So you know what's happening in your business, you
can tell whether this month is better than the last month or if it's worse than
last month and what's happening? So are you tracking the statistics? Are you
tracking the vitals? Are you tracking your numbers in your business?
Rule number four is 80, 20 rule, 80, 20 or rule also
it's called Pareto principle. So 20% has to pay for the 80% that doesn't. So
the 80, 20 rule applies in everything, like 20% of your team members will do
80% of the work in your business, and the rest of the 80% of people will only
do 20%. It just works that way like supermarkets knows it, if you go into a
supermarket, they know that 20% of the stuff they sell will make 80% of the
profit and everything else the rest of the 80% is just taking up the space on
the shelves. That's why when you go in a supermarket, at your eye level, you
see the best selling stuff and stuff that doesn't sell goes down or up where
you don't look, because the supermarkets know that and they use that.
So you
also have to use that in your business and understand that 20% of the things
that you do in your business will have an 80% impact on your money and on how
the business will grow and the rest of the stuff is not that important.
You
have to think, what are the most important things in my business and a network
marketing, it's really three things. First, is you talking to somebody who can
say yes, and buy your product. Two is when you talking to somebody who can say
yes, and join your business. And three is you helping your team members sell
products, or recruit other people. That's it, that's the income producing
activity that will amount for 80% or more of results in your business. So if
you know that, you can then focus more of your time for the right things. So
that's also super, super important.
Number five, make decisions quickly, make decisions
quickly. So yes or no, not a maybe. And exactly the same way you need to get
decisions quickly. So when you're doing a presentation, the worst thing you can
get from somebody is a maybe, is I need to think about it. You don't want to
get those because they say, “Yes, it's okay, no is okay, but maybes kill the
babies.” What does it mean? It means that maybe can really fake you out in business.
If you go and do five presentations today and all five people say, “Well,
I'll think about it, maybe we'll join your team.” You go home and go, “Oh, my
gosh, it's so exciting. I've got five people thinking about it. One day they're
going to join.” No they're not. They're not joining your business. They just
told you maybe as a polite way to say no to get rid of you, but that fakes you
out, that gets you into an attitude where you think, “Woo, I've got 20 people
just waiting to join the business.” And that creates an illusion of
productivity, it creates an illusion of progress when in reality, there isn't
any.
You want to get the decision from a person, whether it’s a yes or no, its
fine. If the person goes, “Hey, this is not for me. No, I'm not ready.” Totally
cool, but at least then you know that, “Okay, I spoke to 10 people, I've got two.”
Instead of going, “I spoke to 10 people, two joined, but another eight are
thinking about it and one day they're going to join.” No, no, no, no, no, no, they
won’t, trust me, and yourself, you need to be able to make decisions fast,
especially when it comes to those things that you’re a bit uncomfortable with.
It also like prospecting, for example, you know that you need to be prospecting
people, which basically is just a fancy way is to say talking to people.
There will be many opportunities when you have a chance to start talking with
somebody to start a conversation with somebody but you back out, but you stop
yourself. So one of the great rules is the five second rule where whenever
you’re faced with an opportunity where you know, if you started a conversation,
if you approach that person, it could give you a positive results in business,
then you use the five second rule in your mind, you just go 5, 4, 3, 2, 1 go, and
you go and do that, you understand what I’m saying, so it's like you’re
launching yourself. So you make that decision quickly to act and use that
opportunity because it might not come up again.
Number six, is beat the sun up, beat the sun up.
What does it mean? It means get up earlier. You know if you got up, I don't
know four o'clock in the morning and walk around your area where you live. I
tell you, you're going to see some cars that you've never seen in your area. You'll
see some really nice cars, you're going to see some expensive cars, but why
don't you see them later on in the day? Because by the time you get up those
guys are already chasing their dreams, those guys are already building their
businesses, those guys are already in action, and you’re just waking up, you
know what I mean?
Get in a habit of getting up earlier and getting into action,
right, because getting up earlier, it makes your day longer, it gives you more
time to do things, it gives you a better way to prepare for your success. So
beat the sun up, get up earlier, get up an hour earlier and see what that does
with your time what it does with your day, how much more you can achieve, how
much more you can do.
Number seven is repeat successful actions. So double
down on what worked and it's crazy, I know, but so many people do that even big
companies do that, like big companies will release an advertisement and it
works. Like they put the advertisement on TV or on radio and it works. People
are buying, people are doing and the company next month will, “Okay so now we need
to make a new advertisement.” Why if the other one is working keep using it, and
how long should you use it until it stops working.
Same in your business don't
just keep reinventing the wheel every single month. If you do something that's
worked, then go back to the thing that worked. And if right now what you're
doing is not working, think about what did I do in the past that worked? What
did I do in the past that gave me results and go back to doing those things
that actually worked, because so many people like, I've met great people face
to face, like, you know, in network marketing, face to face, they're awesome,
they’re really easy to talk to people, they start conversations really fast and
they're recruiting people very well face to face doing one to one appointments,
coffee meetings, etcetera. They're doing awesome job. And then they hear, “Oh,
there's some people building business through social media.”
They stop doing
what's working and then they go and try to figure out social media, which they
haven't got a clue in, and then they stopped getting results and then they go, “Oh
my Gosh I'm so frustrated.” Why are you? Do the thing that's working for you,
and try the other thing on the side and if it's going to start working, if it's
going to pick up cool, but if it doesn't work well it's because you’re still
doing the one thing you're good at, the one thing that's working for you, you
know what I mean? So repeat successful actions.
Number eight, is cut out the nonsense. So remove the
activities that don't reward you, or that can’t reward you. So again, if you're
really passionate, and if you really have big ambitious goals in business,
right? You want to achieve high rank, maybe you want to get to really high
income, etcetera, you want to be recognized, you want to impact hundreds, maybe
thousands of people.
Let's say you have these big goals, and then
guess what? You can't like -- I loved how Jim Carrey said you can't visualize
big things and then go eat a sandwich. You need to do something about it. You
need to act on it, right. So one other thing about it is if you have small goals,
then totally cool, watch your Netflix, do your thing, hang out with the guys in
a bar and drink your beer. And still, you're going to do small things as well.
But if you have huge goals, guess what, some things must go out of your time;
some things must go out of your schedule.
Some people unfortunately, will have to
go out of your friends list if you want to achieve big things, if you want to
achieve big results. So everybody has the same 24 hours in a day, the richest
person in the world and the poorest person in the world, the difference is how
they use that time.
If you have huge goals, guess what? You're going to have
to make time and you make time by cutting out the nonsense, by cutting out
things that don't serve you, by cutting out things that waste your time.
There's a thing called EIR, Electronic Income Reducer, you know what that is? That's
your TV. Your TV is electronic income reducer, because a lot of people spend a lot
of time in front of the TV and their TV is costing them money every single day,
every single week, every single month, because they could have been using that
time to build a business, to find another team member, to find another customer.
So again, you need to cut out the nonsense from your day.
Number nine is acknowledge strangers. And I know
that might sound weird because you've been brought up with stranger danger.
Don't talk to strangers, right? Well, that was when you were a kid. You grew up
now so life changes. Now, if you want to become super successful and super
wealthy, you want to get into a habit of acknowledging strangers, so go out of
your way to acknowledge someone you don't know. What does it mean acknowledge?
Compliment them; tell them how great they are at what they are doing, tell them
how awesome they look, tell them how great their personality is, tell them how amazing
their smile is, and so on and so on. So, go out of your way to build new
relationships, to look for new friends. And the easiest ways to do that is to
compliment people.
Find something genuine, to compliment everybody you meet,
everybody you meet on a daily basis, find a way how to compliment them, find a
way how to say something nice to them, right? Leave every person that you get
in contact with better off than before they met you. How would that be? Imagine
what sort of person you would become if you left every person better off in a
better mood, more believing in themselves, etcetera, than before they met you,
do you think you would attract some people to you? Do you think some people
would love to do business with you? Absolutely.
Get in a habit of complimenting
people, of spreading this joy and light being that person who walks in the room
and everybody goes, “Oh my Gosh, that person is here, how amazing.” Be that
person that everybody wants you at their event. Everybody wants you at their
party; everybody wants you at their presentation. Because you’re such a great
person, you're such a joy to be around and you can develop that.
And the last habit for successful people, number 10
is be courageous. So practice courageous act daily. So do something that you’re
scared of, do something that you feel uncomfortable with every single day, and
it will become less and less and less fearful, less and less out of your
comfort zone.
So these are the 10 habits from the multi-millionaire Grant
Cardone who is worth over $300 million. That’s my training and tip for you. Hope you got value some value in
this blog post, if you did, feel free to share it with other people. If you
would like more amazing trainings check out “Network Marketing Success
Training” group http://titaniumsuccess.co.uk/successtraining.php. There are 10 amazing lessons in
this training course that will help you get the breakthrough in your business!
Yours in success
Gediminas.
In : Personal Development
Tags: habits of grant cardone the millionaire.