Entrepreneur – The Right Mindset Image

Dear Small Business Owner,

If you’re reading this letter, then you have an interest in starting your own business or improving a struggling one.

Right now, you’re probably thinking about the first thing you need to learn, and making a list of things like “building my website” or “getting traffic.”

Wrong. This is out of order.

The first thing you need to learn is … how to THINK like a successful entrepreneur.

You must get your Mindset—your thoughts, daily habits, and thinking patterns—in check before you do anything else. If you don’t, then all the tactics and strategies in the world won’t help you. It’s relatively easy, but the sad truth is that most small business owners never get their Mindset right. It’s one of the main reasons why 40% of small businesses fail in their first year, and 80% fail within 5 years.

On the other hand, if you learn how to think like a successful entrepreneur now, then everything else will fall into place.

The Time vs. Money Myth:

Think back to your earliest memories, and you’ll probably remember your parents rushing off to work in the morning to trade their time for money. All our lives, we’re told to get an education, get a degree, get a job, and work for 35 years until retirement. We’re brainwashed into thinking that the only way to make more money it to “put in more hours.” This is false. You’ll learn how to re-evaluate your time and make more money by working smarter (not harder).

The New Economy:

Our education system was developed over 100 years ago to train students to become dependable factory workers, who would show up on time, perform routine tasks, and not question their superiors. If you haven’t noticed, we’re in a new age (the Technology Age). You’ll learn how to “reprogram” your mind to take advantage of our New Economy and all the opportunities it offers.

The Danger of Learned Helplessness:

For new business owners—especially someone coming from an employee mindset—trying (and failing) may lead to “learned helplessness.” They may begin to doubt themselves and assume nothing they do is going to work. You’ll learn how to identify this problem, and why “failures” are really learning opportunities that help you succeed next time.

How to Overcome Learned Helplessness:

Once you’ve identified it, you can beat it. You’ll learn motivational techniques to stay positive when things don’t go right, and how to avoid negative, self-defeating cycles of thought.

The Pareto Principle (The 80/20 Rule):

The Pareto Principle states that 80% of your results come from 20% of your efforts. If you focus on the 20%, you will be happier AND more successful. You’ll learn how to identify the 20% in all aspects of your business.

Applying the Pareto Principle:

When you apply the Pareto Principle, your business grows exponentially. You’ll learn how to apply this rule to everything you do and approach work, people, and obstacles with the right mindset so you “flow” through your day, get more done, and feel energized and productive.

How to Laser-Focus on High-Level Activities:

Everyone gets the same 24 hours in a day. Some people are constantly in “reaction” mode while others seem to know exactly what to do at all times. The key is a laser-like focus, and we’ll show you how to adopt the right daily habits for laser-like focus.

How to Get More Done in Less Time:

As your business grows, you need to outsource time-consuming tasks so you can focus on high-level activities. We’ll cover the high-level activities that need your attention, and show you how to outsource everything else with people (employees, Virtual Assistants) and tools (systems, automation software, etc.).

Case Studies of Business Leaders:

Billionaires like Bill Gates, Warren Buffett, and Elon Musk think differently. The way they approach life and business are fundamentally different than 99.9% of the population. We’ll discuss case studies of successful business leaders and show you how to model their thinking patterns.

Goal Setting Exercises:

It’s said that 90% of the world’s wealth is held by people who make lists every day. Although that percentage is an estimate, the fact is that people who write down their goals are more successful. You’ll learn how to set short-term and long-term goals, write them down, and track your progress.

7 Daily Habits of Successful People:

Once you have the right mindset, you have to apply it to your daily life. You must guard your time and instill daily habits that keep you productive and working ON your business (not IN it). You’ll learn the 7 daily habits of successful people, and how to adopt them into your schedule.

How to Identify Your Business Strengths:

Everyone has business strengths and weaknesses. For example, you might excel at marketing but dislike management. Having strengths and weaknesses is normal, but you must be aware of them to have a functional business. In this session, you’ll learn how to identify your strengths and weaknesses.

How to Focus on Your Strengths:

Once you’ve identified your strengths, you’ll learn how to focus on them and outsource everything else. This will make you happier and more productive, and your business will be stronger as a result.

A Community of Your Peers:

Being an entrepreneur can be lonely. Your friends and family don’t understand you. They may even call you “crazy” or tell you that you’re wasting your time. Their hearts are in the right place, but (like the rest of society) they have been brainwashed with the Time vs. Money Myth. You’re about to join a community of like-minded peers—small business owners and entrepreneurs that have similar goals and passions. You’ll learn how to embrace this community and share your ideas, struggles, and accomplishments.

Quantum Leaps with Masterminds:

The next “level” up from a larger community is something called a Mastermind. This idea was made famous by Napoleon Hill in his book Think and Grow Rich, and it’s one of the key drivers of success. After you join the Silver Masterclass, you will learn how to attend MOBE Masterminds where you will network and brainstorm with very successful people. The ideas (and connections) that come out of these live events will grow your business by quantum leaps.