In the meantime, let's talk about those 3 factors that determine your success:
"Your success is dependent on what you know, who you know, and who knows you.”
There are, of course, others like your consistency and work ethic. But for today, let’s stick with these three
With any entrepreneurial venture… the 20/80 rule is always in effect. 80% of the results in life are produced by 20% of the people.
Of the “successful”, the 80/20 rule applies there as well. 20% of the successful produce 80% of the income.
The question is... how do you get into the top 20% of the 20%?
We think it goes without saying - you better make sure your knowledge level is in the top 20% of 20%. Most fail because they’re not willing to invest their time and money into the knowledge required to succeed.
Personally, because we have an obsessive level of drive, we're always focused on staying in the top 1% of the 1%. It’s why we read for at least 15 minutes every single day on a topic related to our business. It’s why we invest tens of thousands of dollars per year in our education and have done so for the past 10 plus years.
As the great Ben Franklin said, “Empty your purse into your mind, and your mind will fill up your purse.”
Next, who do you know and who knows you…
One of the greatest exercises of ours over the years has been in building our own database of personal contacts - that includes you reading this.
Some people dismiss the importance of building a database thinking that the friends they have on social media that they "market" too is their database!
Truthfully it's not - that database belongs to Facebook or any other social media platform you inhabit
So when should you start building your own rolodex (database)?
We're reminded of the old Chinese Proverb:
“The best time to plant a tree was 20 years ago. The second best time is now.”
We were taught that whatever else we do we begin building our database from the day we started our online business and we did
Last but by no means least...
Whether you are building an affiliate marketing business, a network marketing business or any kind of online business build your brand from day one
Use the amazing social media platforms available to you as a tool to grow your business and your influence
Choose just ONE to begin with and get established there
We love Facebook so that's our primary place where we hang out
We have a personal profile we use to build friendships and relationships and we have a business profile where we work with students, prospects and clients to help them build their business
We hope we'll see you over there
That's how you build your influence
So that's our thoughts on the 3 factors that determine your success
If you feel like everything is going wrong, just remember that this means you're trying and you're moving forward.
If it was easy everyone would do it!
Overcoming the challenges is the best part of success!
Just don't sit around thinking about starting or growing your business
Today you have probably the best opportunity ever to do that
And if you want to know our best programs, tools, resources and books to read just reach out and we'll be happy to share them with you
Enjoy your week...
