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Billionaire Mark Cuban’s Advice On How To Get Rich

Joel Brown (Founder of Addicted2Success.com)

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The investment titan and billionaire owner of the Dallas Mavericks, Mark Cuban, shares his examples and advice on how he created a way to Get Rich! This guy brings it to you raw and real on how to really make it out there and what you can expect on your journey to success.

We also share a video of Mark Cuban explaining how he retired in his 20’s, what ideas he likes to invest in and much more. Checkout it and learn a thing or two from Mark Cuban.

 

HOW TO GET RICH!

Thats what so many want. Right ? I’m certainly not going to lie and say it is not a whole lot better having lots of money. I had a whole lot of fun and loved my life when I was eating mustard and ketchup sandwiches and sleeping on the floor of a 3 bedroom apartment that housed me and 5 buddies.

I have a whole lot more fun now. It doesn’t suck to be rich.

The question everyone wants answered, is how to get there. There are ways to get there. But there is not a template that works every time for everyone. It works sometimes. Getting there requires being ready when opportunity presents itself.

IMHO, change and uncertainty create opportunity. Times like we are facing now, with complete financial uncertainty are perfect times to start on the road to getting ahead financially.

First, here is WHAT NOT TO DO:

There are no shortcuts. NONE. With all of this craziness in the stock and financial markets, there will be scams popping up left and right. The less money you have, the more likely someone will come at you with some scheme . The schemes will guarantee returns, use multi level marketing, or be something crazy that is now “backed by the US Government”. Please ignore them. Always remember this. If a deal is a great deal, they aren’t going to share it with you.

I dont broadcast my great deals. I keep them all to myself. The 2nd thing to remember is that if the person selling the deal was so smart, they would be rich beyond rich rather than trolling the streets looking to turn you into a sucker. There are no shortcuts.

So what should you do to get rich ?

Save your money. Save as much money as you possibly can. Every penny you can. Instead of coffee, drink water. Instead of going to McDonalds, eat Mac and Cheese. Cut up your credit cards. If you use a credit card, you dont want to be rich. The first step to getting rich, requires discipline. If you really want to be rich, you need to find the discipline, can you ?

If you can, you will quickly find that the greatest rate of return you will earn is on your own personal spending. Being a smart shopper is the first step to getting rich. Yeah you have to give things up and that doesn’t work for everyone, particularly if you have a family. That is reality. But whatever you can save, save it. As much as you possibly can. Then put it in 6 month CDs in the bank.

The first step to getting rich is having cash available. You arent saving for retirement. You are saving for the moment you need cash. Buy and hold is a suckers game for you. This market is a perfect example. Right at the very moment when cash creates unbelievable opportunity, those who followed the buy and hold strategy have no cash. they cant or wont sell into markets this low, that kills the entire point of buy and hold. Those who have put their money in CDs sleep well at night and definitely have more money today than they did yesterday. And because they are smart, disciplined shoppers, their personal rate of inflation is within their means. Cash is king for those wanting to get rich

The 2nd rule for getting rich is getting smart. Investing your time in yourself and becoming knowledgeable about the business of something you really love to do

It doesn’t matter what it is. Whatever your hobbies, interests, passions are. Find the one you love the best and GET A JOB in the business that supports it.

It could be as a clerk, a salesperson, whatever you can find. You have to start learning the business somewhere.  Instead of paying to go to school somewhere, you are getting paid to learn.  It may not be the perfect job, but there is no perfect path to getting rich.

Before or after work and on weekends, every single day, read everything there is to read about the business. Go to trade shows, read the trade magazines, spend a lot of time talking to the people you do business with about their business and the people they buy from.

This is not a short term project. We aren’t talking days. We aren’t talking months. We are talking years. Lots of years and maybe decades. I didn’t say this was a get rich quick scheme. This is a get rich path

Now you wait for times of uncertainty and change in your business. The time will come. It may  come quickly, it may take years and years. But it will come. The nature of our country’s business infrastructure  is that it is destined to be boom and bust. Booms are when the smart people sell. Busts are when rich people started on their path to wealth.

You will know when that time is here for you because you will know your business inside and out. You will be ready because you will have been saving up for this moment in time

With all the change and uncertainty in the financial markets, there are people right now making more money than they ever dreamed of. They are the ones who have been living the real estate market and the financing behind it and understanding what actually what was going on. They re the one who understood the complexities of the credit markets. When everyone was following the crowd, they kept on saving their money and avoiding the temptation of groupthink.

Boom and busts happen to every industry. The question is whether you have the discipline to be ready when it happens for you ?

If you do, you will find out what it feels like to get lucky.

 

Article By Mark Cuban

 

Mark Cuban – The Rich Life

 

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances.I'm proud to say through my podcast and through this website we have impacted over 100 million lives in the last 6 and a half years.

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24 Comments

24 Comments

  1. manny

    Jan 17, 2015 at 7:01 am

    mark cuban must be smoking some good stuff. he just suggested a 6month cd which is avg 0.80% when last year inflation was avg 1.4% so my money is doing nothing not even keeping up with inflation and somehow im richer then everyone else? whats next mark keep working at my dead end job save my money at the bank and retire so broke on social security that I have to keep working until I die? Also you say that great ideas are never shared thus everyone else is just scamming each other? LMAO Oh boy tin foil is next for you. This post was for suckers imo.

  2. Angel Villanueva

    Oct 5, 2013 at 6:57 pm

    Hello, Mr. Cuban , my name is ANGEL, It’s funny. I’m going to start with. I to believe it or not I am a Multi-Billionaire, I am a Farmer by trade, I got my Real Estate License back in 2006 While I got sick, well to make things short I got shot with a Shot gun on my back, I have 3 fuse disc on my lower back, plus 3 on my neck. About 40 pallets all over my back. Ok, I almost lost my farm while I was sick. I got well started Real Estate sale’s done well since. Just enough to get by. But here is my lesson to you an everybody out there..Please Thank GOD for what ever you have. I have my Wife an 3 children, 1 beautiful Grand daughter an son inlaw. Best of all my Life. I Enjoy Everyday I Thank GOD. I am a Multi-Billionaire, I have a Family.
    Angel Villanueva

  3. B.Veenman

    Sep 2, 2013 at 8:51 am

    Nice article Mark, I’m confronted with change in my industry at the moment and I know I’m just in the right place at the right time. I have already recognized that this might be my burst, the one that I have been working towards for 6 years. I want to just let other readers know to take to hart what Mark writes here, It is very true, from gaining knowledge about you business to that the change in you industry will come.
    It does not matter if your industry is a big industry, With the right idea a small market can be turned into a big market, or you will see related opportunity in a much bigger market.
    Good luck to everybody into becoming bilionairs

  4. Vital KARANGWA

    Jan 9, 2013 at 3:52 pm

    Well, very nice article! I have very many ambitions and I need help of people like you! I think this article will help me in many things , especially in savings! because I spend more than I earn. So, at the end of the month I find my self in looking for extra mony!

  5. Ibukun

    Dec 30, 2012 at 8:26 am

    Nice article

  6. Darlington

    Nov 29, 2012 at 9:59 am

    well, others who can help yu should find you already helping yourself.This good advice and it works

  7. Hollington Tong

    Nov 10, 2012 at 8:27 pm

    In the section First here’s what not to do he is doing what he said not to do.
    Billionaires Rich Devos And Jay Van Andle seem to disagree with his first not what to do also.

    I am not saying the advice here is unsound but its self defeating when you say no one will help you in an article designed to help you. Simply because if you believe others aren’t there to help you succeed then your advice is would be designed to make sure others don’t.

  8. jacob

    Sep 6, 2012 at 3:27 am

    hey my name is jacob fowler ,im a high school student in montana . ive read alot of your stuff about helping you succeed with your goals ,i have many goals of my own ,and its fascinating how you to be where you are now.thank you and it would be great to talk to you . thanks

  9. Reemo

    Aug 19, 2012 at 2:29 pm

    Just a heretical thought to add to the conversation… Wheres the fun in getting rich when the rest of the people are down and out with markets crashing…. I want to be rich when the markets are up so I dont have to be alone in my success….I want to be rich when the economy is booming and everyones happy . I dont want to enjoy at a time when others are weeping … Just my two cents

    • Steve

      Dec 18, 2012 at 4:03 am

      Everyone one wants to grow rich and everyone wants to grow rich with their ones you love. The difficult part is when you start becoming successful and your loved ones are struggling with taking the initial sacrifices, like adding discipline to their lives. What then? Do you carry them on your back so they can “be there” with you in your success? For someone to be successful, first of all they have to want to for themselves.Then take action.

    • Matt

      Dec 25, 2012 at 3:39 pm

      I think you are missing the point…making money is a zero sum game. When someone makes a bunch, someone else lost a bunch. Statements like ‘I want to make money while everyone else is’ is something that someone who will never make money says. Capitalism is just that, capitalizing. If capitalizing on something for your own gain hurts your feelings for someone else, than just start a non profit. Don’t get me wrong I want people to all succeed but the reality is most wealthy people make money by taking it from others. There is a finite amount of money out there, it’s not meant to be shared, it’s meant to be exchanged.

  10. Mike

    Jul 29, 2012 at 12:29 am

    Couldn’t agree more about the statement regarding cash.

  11. Nedu

    Jul 14, 2012 at 4:18 am

    I ve read d post and comments dat ve followed.i observe dat as d years go by and inflation is hitting d roof,a lot of pple wil find it difficult 2 cope not 2 talk of get rich. U save up money and inflation preys on it and u think u ve moved an inch. IF U THINK ABOUT GETTING RICH INSTEAD OF THINKING ABOUT CREATING VALUE THAT U RE PASSIONATE ABOUT,it maybe difficult and impossible 2 be rich.

    • Shamus Mac

      Jul 30, 2012 at 11:25 pm

      “If you think about getting rich instead of… creating value that you’re passionate about, it may be difficult and impossible to be rich.”

      @Nedu: Truer words have hardly been said!

      MLM companies are group-think institutions which dedicate their training seminars to teach only recruitment and ignore retail techniques, because their customers are, in fact, you “independent distributors” which are coerced to fulfil minimum monthly purchase levels to maintain your precious and hard-won discount rate.

      And what an ideal customer you are! Whether you consume or resell or not is no concern of the MLM parent company. The more inspirational seminars you attend, and the more resources you dedicate to reach those exotic locations, the longer it will take for you to accept reality, despite your pantry full of overstock, and friends which have either become your direct competitors or ostracised you for attempting to profit off them.

      I now profit off independent distributors by providing prepopulated e-commerce solutions for a specific MLM company in a sincere attempt to help those who, like members of my immediate family, persist because the mark-ups do look great on paper. What inspired this? Aside from sympathy, the realization that many people made a smart profit off the California gold rush; but almost all of them simply ran tool shops to supply the gold diggers.

  12. Adrian Keys

    Jul 8, 2012 at 1:55 am

    “Boom and busts happen to every industry. The question is whether you have the discipline to be ready when it happens for you ?

    If you do, you will find out what it feels like to get lucky.”

    The most important for the very last…sweet! Nice post….

  13. dave amos

    Jun 5, 2012 at 11:13 am

    I think Lauren is right on the button, he has spelt it out in a simple black n white way to make a point, but basically he is right, learn about business from the bottom up, save your money, work 10% harder than the average and you’ll do well, my dad had a phrase – if you want something done “Find a busy man” I never understood at first, only thing I would add is – don’t let the corporate ladder be the thing that ties you into a salary, jump off at some point and do your own thing … apart from that delay a family as long as you can – that’s advice for men of course … good luck, it’s hard work. 🙂

  14. Mark Hibbitts

    Jun 3, 2012 at 8:20 am

    Lauren is correct that the areas are pretty broad, but I think this is a pretty good article as it tells it like it is. Getting wealthy takes time and discipline, and there are no short cuts. Yes you need to learn investing too but without cash that’s a waste of time. Cash flow is king.

    I’m also interested in seeing Laurens website as I write books for children about the same things and there may be a potential JV for us.

    Mark Hibbitts

  15. DeJuan Collins

    May 1, 2012 at 7:04 pm

    I agree with a lot of his advice, except the business model of a good MLM company this business model may not make you rich, but could create you seed money to invest in other entrepreneurial opportunities. For a few hundred dollars to get started you could break even really fast and be on the road to profit pretty quickly.

  16. Gabriel Do Carmo

    Apr 27, 2012 at 2:53 pm

    I disagree with some, if not most, of what Mark Cuban said. For anybody reading this comment, go read the book Rich Dad Poor Dad by Robert Kiyosaki. It will COMPLETELY change your mindset for the better

  17. Eduardo Salido

    Mar 22, 2012 at 8:38 am

    I dont agree with him, if you have a family it means two paychecks not one! Of course a parent spends with children but the amount is not alot. I think this guy got lucky, Ive read a couple of blogs from him and he just sounds nonsense.

  18. dbizzle03

    Mar 5, 2012 at 7:15 pm

    I stopped reading after he said that most things are schemes and to put your savings into a 6 month CD at the bank. Clearly, not the way to get ahead when there are better ways of saving. There are plenty of vehicles to use to get to where you want to go, the key really is you have to WORK to get there.

  19. Lauren Sainz

    Mar 2, 2012 at 3:11 pm

    I have a website that targets getting financial information to young adults, information that they aren’t getting from high schools or colleges. In my opinion, it’s great that Mr. Cuban has created a rich lifestyle for himself and was able to retire in his 20s. However, some of the points he makes are very broad and won’t work for everyone.

    In a perfect world, starting in your teenage years you’ll know the ins-and-outs of managing money, you won’t charge up credit card debt, you’ll spend less than you make, you’ll save 10% of your income, and you’ll always be able to buy what you need without struggle. For Mr. Cuban, he seemed to understand that and I applaud him for understanding at such a young age.

    However, this new generation of young adults are accustomed to the life of buying now, paying later. They don’t have the discipline to save money and pay for things with cash. They want to go to college and cannot pay for it so they must take out student loans.

    The idea of getting a job and learning all there is to learn about that business and then waiting for your opportunity to strike sounds like an idea that will fail for most. Nobody wants to be told to wait to get rich.

    I’m a firm believer in knowledge is power and I understand the idea of learning all there is to learn about a business. However, ultimately an investment has to be made in yourself either through additional schooling or to start a business.

    I started my website almost a year ago. I’m only just now seeing revenue come in from ads that I place on my site. All my information I give on the site is free to my readers and I never charge for anything. I found something that I love doing and I do that through writing about personal finance on the web.

    But before I started my site, I had to get my knowledge from somewhere. I went to school. I took out massive student loans. I racked up credit card debt when paychecks were too short to pay bills. I made financial mistakes and I’ve learned from them. I’m doing better.

    Most young adults are not starting out with a clean slate. They have debt to repay. They don’t have the time to wait to save money. Some are too strapped that they cannot pay more than the minimum on their debt and there is no room for savings. So, based on Mr. Cubans idea of saving every penny, that won’t work for them because they don’t have enough pennies to save.

    The key to getting rich isn’t just finding a business that interests you and learning about it and saving every penny you have, it’s about deciding where you want to invest your money. You can invest in an education for yourself, invest in a venture someone you know wants to do, invest in a business opportunity for yourself, or invest in your future (retirement accounts). Yes, stay away from scams, but multi-level marketing isn’t evil. There are legit MLM companies out there to choose from. You just have to do your research first and be passionate about the product they sell. If you aren’t passionate about a product, you won’t be able to sell that product through a MLM business. There are also legit stay-at-home jobs online.

    The point is your options for getting rich are endless and as long as you remain focused, it can happen for you. You just have to find your passion and start from there.

    • kirk davis (@kirkd12)

      Mar 2, 2012 at 5:20 pm

      Nice post Lauren and very noble of you not to advertise your website but I would be interested in reading some of your stuff so please do provide a link or tweet me (@kirkd12)

      thanks

      • Raymond Duke

        Mar 2, 2012 at 8:25 pm

        I too have recently started a site, and have been leaving comments on blogs I follow or find interesting. And Kirk, I agree with you about not linking to the site in your comment because it makes it seem as if you are fishing for hits. If you are leaaving a genuine thoughtful comment, then you are more likely to gain the interest of its reader who will then go on to your site which hopefully leads to more genuine and thoughtful information. By the way, you can visit the site of the person who left the comment by going to their avatar and clicking “visit site” underneath it. Doing this, or clicking on the person’s name, will bring you to their site usually on most most places or sites that let you leave comments.

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Success Advice

How to Be a Selfless Leader in Your Business

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Leaders are required to make decisions daily that impact the success of the business and its bottom line. Understanding leadership training key terms can offer insight into core values and principles associated with leading people. Leadership training prepares leaders to recognize a variety of leadership styles prevalent in many organizations, the significance of communication, team building, and establishing a vision.

The following 6 key terms are important to building foundational skills in leadership:

1. Leadership style

Leadership style is the process of exploring the methods leaders use to approach guiding human capital in the workplace or on organized projects. It can encompass persuasive presentation skills that inspires trust, integrity, character, positive role modeling and other behaviors useful when working towards a goal.

2. Vision planning

According to leadership experts, a vision is an idealized picture or snapshot of the future, and vision planning is the ability to communicate core values and articulate a sense of direction by implementing a plan as it pertains to this vision. Organizational vision encompasses a strategic plan that generates motivational impact and leads employees to a specific outcome or shared desired goal.

“A great leader’s courage to fulfill his vision comes from passion, not position.” – John Maxwell

3. Team building

Team building is the method a leader chooses to empower a group of people using motivational strategies and guidance to accomplish a specific task. Effective team building must encompass an understanding of organizational culture and the dynamics of teamwork in order to exceed shared goals and objectives.

4. Communication

Communication is the ability to impart and exchange information through the process of listening, writing and speaking. Successful leaders understand that enhancing communication skills not only makes them more effective as leaders, but boosts the company’s success as well.

5. Performance evaluation

An important aspect of leadership training is determining whether the steps taken towards a goal are working. One of the many roles of a successful leader is to appraise or assess the effectiveness of both individual and collective workplace skills and strategies to achieve stated goals.

“A good objective of leadership is to help those who are doing poorly to do well and to help those who are doing well to do even better.” – Jim Rohn

6. Decision making

The term decision making is the process of choosing from several ideas or choices. It’s the practice of targeted determinations that can offer creative problem solving solutions. This is a vital skill in developing potential leaders because it strengthens the use of critical thinking and resourcefulness to make choices on behalf of the company.

How to be a selfless leader in your business organization

Many leaders try to play it safe when leading their business. In other words, they don’t really lead. They are afraid of taking risks and possibly making some people unhappy. It’s important to note that when you own a business, you may make decisions that won’t make everyone happy. Ideally, your culture will be set up so that what you do is transparent and enables people to speak up and share their concerns.

At the same time, people in an organization want their leaders to lead and part of that involves the leader making a passionate commitment to the direction the business needs to go in. When there isn’t clear leadership in a business, then the business is like a ship that is moving in a circle. It’s going nowhere.

A leader must always make it clear that what they are doing is actually serving the best interests of the business as opposed to their own best interests. If people in the organization think that a leader is abusing their position, it can create a toxic situation in the business bringing it down as people leave or sabotage the business.

A leader must be selfless, focused on what will truly benefit the business and the people in it. They must be willing to share the spotlight, instead of taking all the credit and must recognize the value of trusting the talents of the people they work with.

Recently, I was talking with a client of mine. He was having some personnel issues, and I suggested he carefully evaluate the talents of each person involved. After doing that, he made some changes in roles, and the people involved were much happier because they were doing the work that capitalized on their talents.

Throughout this process he was transparent and he made it clear that the changes he was making were for the benefit of the company. Each person involved saw that because the leader was honest and focused on the success of the business. He wasn’t making changes to make it easier for him, but rather making changes that would really help the business succeed. That’s the kind of leadership that is needed when a business undergoes changes or needs to focus on a specific direction.

What does being a selfless leader mean to you? How do you focus on the welfare of your business and show that to the people involved in the business? Share with us below!

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Success Advice

Things You Need to Know to Succeed as a Life Coach

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Becoming a life coach is one of the biggest choices you will ever make. Your choice in this field will change how you treat your spouse, how you empathize with others, and how you manage your business.

When I decided to make life coaching my goal, I had many steps to take before I reached the finish line and I wasn’t quite sure how to motivate myself to get there. I know that I am not the only one who struggles with staying motivated. That’s why I’m sharing with you the secrets that helped me make my dreams a reality.

Dan Sullivan is the founder of The Strategic Coach, a company that helps entrepreneurs grow their businesses. Dan is often considered to be the number one entrepreneurship coach on the planet. If there is anyone who can motivate you to make your dreams a reality and go for gold – it’s him.

Here are the 2 life-changing ideas I learned about becoming a life coach:

1. Keep Selling Yourself

Don’t sell yourself short – but keep selling yourself on your future. Dan Sullivan suggests that the reason why we, as entrepreneurs, can’t focus on achieving our goals is that we haven’t actually sold ourselves on our project or endeavor. I believe this wholeheartedly. We may have listed our pros and cons, we have an ideal outcome, and we may even have a backup plan – but we haven’t truly committed to our goal.

In order to properly take advantage of an opportunity, we must be focused. There is no doubt that we live in a new age of multi-tasking. We watch videos while we respond to e-mails, we’re glued to our phones when we’re out on dates with our spouses – we even have the option to have two multi-tasking windows open on our smart devices so that we can do different things at the same time.

But studies show multitasking accomplishes less in the long-run. Multitasking reduces both our performance and efficiency. Dan suggests instead of trying to do everything at once, sell yourself on three tasks a day. The next day, sell yourself on three more. This will help you to have more focus and drive on what you are doing. You will accomplish more and feel better about fulfilling your goals.

2. The 3 Wins are Everything

Dan suggests that positive focus is everything when it comes to succeeding in business. That’s why he developed “The 3 Wins” mindset. After the day is done and you’re getting ready for bed, focus on three wins you had. By focusing on the three things you did right, you practice gratitude in your personal life. You set goals, reach them, and then celebrate them – no matter how small! This can help you have a more positive mindset going forward.

Dan Sullivan explains, “I would look at tomorrow… and I’d say, ‘Well these are gonna be my three biggest wins for tomorrow’. So, I would go to bed feeling good about the day, excited about the next day, and I would get up the next morning excited. So, then I would go out that day and try to have to three wins, but often times what happened is that I had wins that were bigger than the three I imagined the night before.”

The feeling of accomplishment is addictive. Not only does it feel great to get work done and accomplish our goals, but it encourages us to keep working hard in life. We work hard to grow our business, to maintain a healthy marriage, and to give our clients our best. By focusing on The 3 Wins, we view each day as a new opportunity to stay motivated and achieve something great.

How to Succeed in Becoming a Life Coach

Along with these life-changing ideas, here are some other great tips for anyone who is thinking of becoming a life coach.

1. Rapport is Essential

When you are becoming a life coach, you learn that your ability to have a rapport with your clients is just as important as the chemistry you felt with your spouse when you first started dating. Are you good at striking up a conversation? Do you have a knack for getting people to trust you or open up about their problems? If so, then you will be a natural at building your entrepreneurial business because your ability to connect with your clients is important.

2. Ask the Important Questions

As a life coach, it’s your job to ask the hard questions. This means that you must be intuitive about your client and really get to know and understand their thoughts and intentions. Only then can you help them reach their life goals.

3. Get Comfortable with Silence

Silence between two people can be the most uncomfortable, awkward, cringe-worthy experience, but as a life coach, it’s your job to let it happen anyway. When there is silence, your client will be eager to fill the void, which often leads them to show vulnerability and really work through their issues.

4. Don’t Take Things Personally

Your clients are not always going to gel with you. This may cause them to leave your services. Don’t take it personally. Alternatively, you may have a great rapport with your client, but that doesn’t always mean that they will take your advice. This can be frustrating for you, but don’t let it overwhelm you. Instead, look at it as an opportunity to continue building trust between you and your client.

You can make becoming a life coach a reality. Stay motivated by selling yourself on new ideas and strategies every day. It’s also beneficial to remind yourself of your three wins and always strive to keep growing and getting better. By becoming a life coach, you show people that you care, have an excellent rapport, and aren’t afraid of the hard questions – or the silence!

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Success Advice

Consistency Is the Hidden Power to Your Success

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It’s often difficult to start a new habit or change an old behavior. There are enough books and courses online that will teach you about planning your day, planning your night, organizing your home, filtering through paperwork, and on and on it goes.

In the midst of a lot of busywork, though, there lies what I believe is a hidden secret to anyone’s success. Getting into detail about this secret, though, calls for a little reflection on your part. Look at the people you admire, whether alive or dead. Reading about their successes and failures teaches powerful lessons for life.

People will talk about “getting into a groove” and how it feels good. Writing, for me, comes a lot better when I am in a groove or in the flow. Words and phrases come quite easily because I’m sitting down to have a written conversation with you. By the way, it also helps to have a lot of experience as a writer in the back pocket too.

The Answer Lies Within The Question

What’s the secret?” you keep asking. Look at what you are doing in your life today. In business, are you moving forward or stagnant? Connecting with new leads or looking to keep the wolves at bay by taking anything offered? Are you making time to actually do the work while also having some fun?

When you look at the values and practices of successful businesses and entrepreneurs, the one thing that is obvious is that they have developed a level of consistency in their actions. Did it happen overnight after having an awakening experience? Probably not. It was a lot of little things, done over a period of time, and it produced success.

Consistency in business, relationships, friendships, health, wellness, spirituality…you name it. Staying consistent with your actions will lead to results. Here’s a quick caveat: Make sure these consistent habits and behaviors are healthy and nurturing. It does matter in business that you develop a pattern of consistency which reflects a deep level of appreciation for people in your business or on your team.

“Success isn’t always about greatness. It’s about consistency. Consistent hard work leads to success. Greatness will come.” – Dwayne The Rock Johnson

Time and time again, studies have shown how actually being consistent in showing employees appreciation and gratitude can raise the level of work much higher. If you consistently show up as a little tyrant and liar, then you’re going to get burned. If you consistently show up as someone who reflects humility, gratitude and thankfulness for what is going on in your business and life, then you’ll get more of it.

Like attracts like. It’s just that simple. Consistency is one of the most powerful practices and forces that you can add into your business and life.

Here are three specific suggestions that can help you develop a strong core of consistency today:

1. Start out small

Let’s use a restaurant analogy real quick. You walk into a place and you’re hungry. You look at the menu and see a full-course meal that has everything you love in it. Therefore, you order it. The platter comes and you go, “Oh man, that’s a lot of food.” Eat the whole platter in one sitting and you might have a bellyache later on.

If you looked at the platter, took a little bit and ate that, then you’d have some leftovers. You start out small on the meal, not stuff your face with all the food at once. Same concept with consistency. Start out small on what you want to achieve. Just make a little beginning and follow that path.

2. Take your time

What’s the hurry here? Consistency doesn’t pick up right away if you do a total deep dive into it. You have to take your time and go at your own pace. Look, peeking at what Mr. X or Mrs. L is doing will not help you one bit. Patience and persistence are two little powerful motors to help consistency become a part of your life. Even then, though, you have to take your time. Your time, not someone else’s.

“It’s not what we do once in a while that shapes our lives, it’s what we do consistently.” – Tony Robbins

3. Appreciate the journey

While you are on the road to consistency, there are going to be bumps along the way. Just know that going forward. There are two ways to look at this: get frustrated and angry and simply say “nope, this consistency thing isn’t worth it”; or, just continue on the path and appreciate all the stops along the way. Developing a practice of appreciation and gratitude can also play roles in you trusting that level of consistency to appear in your life.

Consistency does equal success. How you define success might be as simple as getting up in the morning and feeling grateful you have a roof over your head, food to eat, and clothes to wear. It might be closing the biggest business deal in your life. It might be looking at your children and knowing they are healthy, well, and happy. It also might be that you survived going through hell in life and made it through just fine.

All it takes is a few consistent actions to change the way you show up in this world. We all need people and examples that remind us about the little secret of consistency. Take your mind off of your phone and out of your laptop sometimes. Look around. You can find these types of success stories all around. They reflect their own results of the power of consistency. Tap into this power today and change your world, along with others too.

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Success Advice

4 Ways You Can Develop Indispensable People as a Business Owner

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how to develop employees
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In a world where more artificial intelligence, robots and automation are taking over, good employees are beginning to feel less and less indispensable. However, they don’t need to be because robots and AI cannot replace human common sense and authentic, heartfelt engagement. That being said, more and more employers are looking for good employees who want to become great leaders within the organization and are willing to make the investment.

Here are 4 ways organizations can develop indispensable employees:

1. Invest in training & personal development

Personal development is definitely the responsibility of an employee and their own willingness to improve themselves overall. But when you combine that with an employer who is looking to keep quality talent and who sees the tremendous value in assisting their employees growth, the results are incredible.

Statistics show as one of the top three non-financial motivators, 76% of employees want opportunities for career growth. They also show that corporate training has grown to over $70 billion in the United States alone. Companies that do make the investment in their employee’s learning and development tend to lead the way and sustain longevity.

They also become the most sought after places to work for. When you help grow your employees, your employees will help grow your business.

“Clients do not come first. Employees come first. If you take care of your employees, they will take care of the clients.” – Richard Branson

2. Empower them with decision-making abilities

You will find that many companies try to create a “think like an owner” mentality throughout their organizations. While this is a great strategy to implement, it cannot be fully accomplished when an employee does not have the appropriate decision making capabilities.

Companies that empower their employees to make the proper decisions (within reason and to a certain extent), become more effective and efficient as a whole. They are able to provide support to both their internal and external customers without having to wait for longer than needed timeframes to get responses.

Empowering employees through training and mentoring is one of the best practices a company can make. The more power an employee has to make certain decisions, the more sense of ownership is displayed and taken, making it a win-win for everyone.

3. Keep them informed and up to date

A wise man once said, “knowledge is power” so if you want your organization to be a powerful force in your industry, your employees need to be informed. Companies that have an effective system in place to keep employees informed and up to date usually have a higher rate of productivity and success.

Most communication within organizations is only shared within their respective departments where the information is pertinent. But imagine how much more would be able to get done if everyone was aware of what was going on company wide (again to a certain extent). That’s why interdepartmental communication is vital and in order for that to happen, employees need to be kept abreast.

For example, have you ever spoken to different people at a company and have gotten different information? That’ because they are not on the same page or haven’t been informed properly.

If an employee knew “generally speaking” about the happenings in other departments, they may be able to assist the customer base more effectively and avoid unnecessary transfers.

A good way to start this practice of being informed would be to share the company’s wins and losses, successes and failures, and any other significant changes the company may have made. When this happens, everyone is made aware and everyone is on the same page.

“To effectively communicate, we must realize that we are all different in the way we perceive the world and use this understanding as a guide to our communication with others.” – Tony Robbins

4. Develop a true culture of open communication

Honest and open communication is important in the workplace because it affects the ability of everyone being able to work together (as a team). Many employees don’t engage more frequently when asked to because of fear of being ridiculed and even losing their jobs. Why is it that most employees feel more comfortable expressing themselves during normal team meetings but are more reserved in meetings where upper leaders are present?

Could it be that clear lines of open communication have not been established? Studies show that companies who operate in an open forum style atmosphere have higher levels of employee engagement. Engaged employees are more likely to stay with an organization and in return you have less turnovers.

Creating a culture of true and honest communication also develops confidence in the upper leadership team amongst employees. When the leaders of an organization displays proper and safe two-way communication, it also helps the employees feel like their making a difference and their opinions matter.

Implementing these tips will not only help you to develop indispensable employees but will also increase engagement and sustainability. It will also help you to develop an indispensable team to help take your organization to the next level.

How does your boss encourage you to become better? If you’re the boss, how do you encourage your employees to be more productive? Share your thoughts below!

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