Millionaire Mind Wealth Principles

February 8th, 2010 Comments »

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T. Harv Eker’s Millionaire Mind Wealth Principles

The following Millionaire Mind Wealth Principles were used to develop the foundation of the Quit Your Job Early Plan. 

Millionaire Mind Wealth Principles:Harv Eker's Secrets of the Millionaire Mind

  • If your motivation for acquiring money or success comes from a non-supportive root such as fear, anger, or the need to “prove” yourself, your money will never bring you happiness
  • If you want to make a permanent change, stop focusing on the size of your problems and start focusing on the size of you!
  • If you want to change the fruits, you’ll have to change the roots first.
  • If you want to change the visible you’ll have to change the invisible
  • If you want something you’ve never had you’ll to do something you’ve never done
  • You can choose to think in ways that support you in your happiness and success instead of ways that don’t
  • When you are complaining, you become a living, breathing “crap magnet.”
  • If your goal is to be comfortable, chances are you’ll never get rich. But if you’re goal is to be rich, chances are you’ll end up mighty comfortable.
  • The number reason most people don’t get what they want is because they don’t know what they want.
  • If you are not fully, totally and truly committed to creating wealth, chances are you won’t.
  • The secret to success is not to try to avoid or get rid of or shrink from your problems; the secret is to grow yourself so that you are bigger than any problem
  • If you say you’re worthy, you are. If you say you’re not worthy, you’re not. Either way, you will live into your story.
  • Money will only make you more of what you already are.
  • There’s nothing wrong with getting a steady pay-check unless it interferes with your ability to earn what you’re worth. There’s the rub. It usually does.
  • Never have a ceiling on your income
  • “Where attention goes, energy flows and results show.”
  • Until you show you can handle what you’ve got, you won’t get anymore!
  • The habit of managing your money is more important than the amount
  • Either you control money or it will control you.
  • Action is the bridge between the inner world and the outer world
  • It isn’t necessary to get rid of fear in order to succeed
  • If you are willing to do what’s easy, life will be hard. But if you are willing to do what’s hard, life will be easy.
  • Training and managing your own mind is the most important skill you could ever own, in terms of both happiness and success.
  • You can be right or you can be rich, but you can’t be both.
  • “Every master was once a disaster.” T. Harv Eker
  • To get paid the best, you must be the best.

Rich People Mindset vs Poor People Mindset

  • Rich people play the money game to win. Poor people play the money game to lose
  • Rich people are committed to being rich. Poor people want to be rich.
  • Rich People think big. Poor people think small
  • Rich people focus on opportunities. Poor people focus on obstacles.
  • Rich people admire other rich and successful people. Poor people resent rich and successful people.
  • Rich people associate with positive, successful people. Poor people associate with negative or unsuccessful people.
  • Rich people are willing to promote themselves and their value. Poor people think negatively about selling and promotion.
  • Rich people are bigger than their problems. Poor people are smaller than their problems

It’s amazing how important it is to have the correct mindset as you work towards financial success. You can learn more about the Millionaire Mind Wealth Principles by purchasing T. Harv Eker’s book called Secrets of the Millionaire Mind (you can find it in our ‘books’ section on the right of this page).

Cheers to Your Success

Hanging out at the lake

Hanging out at the lake

Donny Watson

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You’re actually closer to success than it seems…

February 6th, 2010 Comments »

The reality is; you are actually closer to success than it seems.

It seems that most successful people have some sort of opinion or advice to offer in terms of what it takes to achieve success, or simply what success even means. There are all kinds of personal development books, blogs, training programs, and even consultants out there that all focus on the keys to becoming successful. However there is one message that seems to pop up no matter where you look, and it happens every day. You’re actually closer to success than it seems, and it shows all the time.

Its simple, almost too simple however it is very important. One of the biggest mistakes people make is giving up when they are so close to succeeding! It doesn’t matter if it is a large corporation, small business, personal relationship, or playing a sport. The same challenge exists, and more often than not, most people are actually closer to success than it seems

2009 was a real eye opener for me when it comes to realizing how crucial this mistake can be. It was just today that a peer told me they lost over six thousand dollars because of a mutual fund that was hit by the recession. The problem here wasn’t that the fund took a dive, the problem is the cold feet kicked in and they got out of their investment and put the money into savings at a much lower interest rate! Since the time that the fund dropped and the loss took place, the mutual fund has regained almost 40%! That money would not have been lost had it be left in the fund.

You don’t have to be taking part in investing, or making crucial business decisions to learn from this mistake. You just need to be human. Everyone makes mistakes, in fact that’s one of the best ways to learn. The message here is that too many times when something is a little out of our comfort zone, we panic and react. Most of the time if we would take a little extra time, or get a couple more opinions, we would realise the reality that around that corner usually lies success! Don’t let cold feet set in, you’re actually closer to success than it seems.

Cheers to your future success.

Mike Perrin

big white

beautiful day on the mountain

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What Makes Network Marketing MLM Different than a Traditional Business

November 16th, 2009 Comments »

Is Network Marketing MLM a lot Different than a Traditional Business?

Opinions on whether a network marketing MLM business is really that much different than a Traditional Business vary greatly. My opinion is that it depends on which part of it you are looking at.

If you are looking at it from a fundamental basis of what makes the business successful, there really isn’t a lot of difference. A traditional business is most successful when a sound business model is used. One that includes a financial plan, effective marketing, quality customer/client relation practices and offers a product or service that is demand by the market place. Network marketing MLM isn’t any different. There are a lot of people in the industry that would like to make you think otherwise but for the most part, if you use the same business principles that have been proven to be effective time and time again in other industries, you’ll have success in network marketing MLM.

The other side of this question of whether or not network marketing mlm is much different than a traditional business is how the actual transaction takes place. This is where the difference become very apparent. As you saw in the video and the diagram below, the way in which network marketing customers receive the product is a lot different from the traditional sense.

Traditional Marketing vs MLM Network Marketing

Traditional Marketing vs MLM Network Marketing

Traditionally, the product is shipped from the manufacturer, through a series of distributors (ex: national, regional and local) and eventually ends up on the shelves of a retail store. The customer finds about the product through marketing done by the manufacturer or the retail store (depending on product and manufacturer preferences) and if they like what they see (or hear) the customer goes to the store to purchase the product.

In contrast, with the network marketing MLM/Direct Sales business model, the product is shipped directly from the manufacturer to the customer rather than through the distributors to the retail store. The question then becomes, “how does the customer find out about the product?”

This is what makes the network marketing MLM industry so unique and offers all of us an opportunity to have a home business. The only way a customer learns about the product or service that the network marketing company offers is through individual associates of the network marketing company. In return for promoting the products and making sales, the associates are paid a commission (this is similar to the margin the retail store would make on selling the product – less the over head).

There you have it, that’s the difference. Hopefully you can use this knowledge to better educate your potential business partners on the difference between network marketing MLM and traditional business.

Until next time, cheers to your success.

Cheers to Your Success

Cheers to Your Success

Donny Watson

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6 Passive Residual Income Options For You To Choose From

November 15th, 2009 Comments »

Contrary to popular belief, there are only 6 Passive Residual Income Options that you have to choose from if you want to earn passive income and live your perfect lifestyle.

There millions of dollars of books, courses and training material that supposedly teaches people how to earn multiple streams of passive income BUT when it comes right down to it, you can only do one of these 6 things to create passive income.

  1. Real Estate
  2. Stocks
  3. Network Marketing
  4. Big Business
  5. Royalty Business (Singing, Writing, Acting, Speaking, Branding, Etc)
  6. Internet

Of course there are a lot of different areas in each one of the options above but those are the only 6 options that give you enough leverage to produce passive residual income options.

The best part is that if you learn how to do one really, really well, then you’ll be able to stop spending time earning linear income and start spending time doing what ever is that you want to do. That may just be spending some time learning how to earn additional income from one of the other options.

The other thing you’ll realize when you get into earning passive residual income is that there are a lot of ways that you can leverage the time you put into one option into another options.

For Example, as you may or may not know, I’m a supporter of using a combination of network marketing, the internet and personal branding to create multiple streams of passive income. I started out doing network marketing but quickly realized that I could be more effective in building that business if I also became efficient in marketing online. It was actually easier to build the 3 things together than it was to build one of them by itself.

So what’s the point here? Well, you’ve got 6 options to produce passive residual income and put yourself in a position to live you perfect lifestyle, the thing you need to do is decide which one fits your situation and needs the best.

Cheers to you living your perfect lifestyle

Cheers to Your Success

Cheers to Your Success

Donny Watson.

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Robert Kiyosaki’s Cash-Flow Quadrant

November 14th, 2009 Comments »

Robert Kiyosaki’s cash-flow quadrant example really simplifies your income choices.

No matter how you slice, Robert Kiyoski’s cash-flow quadrant clearly identify’s the four choices you have when it comes to earning income. There isn’t 5 ways to earn income; there isn’t 3 ways to earn income; there is only 4 ways. This video and the diagram that follows displays the 4 ways:

Robert Kiysaki's Cash Flow Quadrant

If you want to control your time and your level of income, the only place you can do it is if you join one, or both, of the options on the right side. I’ve said it 1000’s of times and I will continue to say it, “if you are working as an employee, you are being leveraged and your employer controls your level of income and the amount of time that you work.” That is saying that employment is good or bad, I’m simply stating the facts. The way that the right side quadrants fit into the quit your job early philosophy is that you need to have a business that produces cash-flow (preferably passive income). This income will replace the employment income and have the potential to become very lucrative if the right leverage strategies are put in place. The intention with the passive income business is to build enough cash-flow so that you can take a portion of that cash-flow and build wealth through investments (real estate and stocks).

I have a ton of respect for Robert Kiyosaki and his message. He believes in raising your financial IQ so that you can control situation. The difference between him and us is (besides the fact that he is incredibly loaded) is that he talks a lot of theory. We intend to not only teach the theory but also offer a solution.

To learn more about our solution CLICK HERE.

Until we meet again, give a kid a dollar today. I can guarantee it will make your day more than it will make his. Cheers,

Donny Watson
Me and my Favorite 'little man' - Charlie

Me and my Favorite 'little man' - Charlie

204.223.3655

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How to plan to live your perfect lifestyle

November 13th, 2009 Comments »

Unbeknownst to most people, it is actually possible to plan to live your perfect lifestyle and then actually make it become your reality.

What do you think about this thought

“we all have a vision of what our perfect lifestyle would look like; the challenge is trying to figure out

how the hell to actually live it in your lifetime.”

That’s the million dollar question isn’t it. Well here’s a little exercise that can help you get there

How to Plan to Live Your Perfect Lifestyle

The theory behind this exercise is that you need to know where you’ve been, and where you are at this moment in your life, before you can determine what the right course of action is that you want to take.

So, for this example, I’m going to use 30 years of age as our starting point. You can replace that with your current age. Take as much time as you want with this exercise and it may even help to write some stuff down. The important thing is to get of it is to know what you want in your life. What type of lifestyle do you want? So just follow along, think about questions and answer appropriately for what fits into your life.

  1. Take a snapshot of what your lifestyle is like right now. What does it include? What parts do you like and what parts don’t you like?
  2. Now follow the red arrow back to 5 years ago in your life. What was your life like then? What did it include? What did you like about it and what did you want to change? And Most importantly, what did you want your life to like 5 years from that day 5 years ago (which of course is today – I know it’s a little confusing but this is a powerful exercise to go through)
  3. Now follow the ocean blue arrow back to the present day ask yourself if your vision from 5 years ago is what you are living today? Then realize that regardless of what the answer is, it doesn’t matter, all you can do is take what you have and build on it.
  4. Dark Blue Arrow – Start to project what you want your life to like in 5 years time. In an ideal world what would it include? Who is part of it and what are you doing? How much money do you make? What things are you experiencing? These are all important questions.
  5. Green Arrow – Ask yourself the same questions from #4 only this time it’s 10 years into the future.
  6. Purple Arrow – Ask yourself the same questions as in #4  again. This time it’s 20 years into the future
  7. Orange Arrow – Depending on how old you are right now you can project yourself into the future 40 years and ask yourself the same questions as in #4.

The point of this exercise is to simply get you thinking about what you really, really want and ask yourself if earning passive income streams would make that lifestyle you envision easier to attain? Can you see how you can use this process to live your perfect lifestyle. The first thing you need to do is make sure that you’ve got a clear vision of what that lifestyle is. The second thing you need to do is go through this self-evaluation process on a daily, weekly, monthly and annual basis.

The bottom line is that you need to make sure that you are always moving towards your goal.  There is no way to do this unless you know where you want to go and then keep ‘score’ of where you are at in relation of where you want to be.

If you don’t keep score, how do you know if you are winning or losing? The best business’s in the world keep score every month by doing there financial analysis. Professional athletes keep score of their fitness every day so they know where they’re at so they know whether they have to push harder. By training at the optimal level they will be able to perform at the ultimate level.

You can do the same by going through this life projection exercise on a regular basis to make sure your plan to live your perfect lifestyle is on track.

Cheers to your perfect lifestyle,

Pretending I'm Cool on a Sail Boat

Pretending I'm Cool on a Sail Boat

Donny Watson

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Trading Stocks Vs Network Marketing MLM

November 9th, 2009 Comments »

Is trading stocks better than having a network marketing business?

The answer to that question is really dependent on whether your mind-set is to build wealth (trading stocks) or build cash-flow (network marketing). One of the philosophies that we try to instill in the people we work with is that there are really 2 types of money. Cash-flow money and wealth money.

Here’s what I mean by that. Most people look at stocks and think that it is the way to Riches over a period of time – and if you trade them right, they are probably right (although I realize that a lot of people would wanna argue with me on that right now). But, through history, trading stocks for the long-term has proven to be a very lucrative way to build wealth BUT it isn’t a great way to produce cash flow.

Most people who have jobs invest passively whether they like it or not through their retirement savings plan that the company provides them with. Over a period of 20-30 years that savings plan will allow them to retire with a nice little nest-egg for themselves. With compounding interest, that nest-egg really gains momentum the longer the investment is not touched (and of course the market goes down).  This diagram shows how the earning curve is assumed to go with compounding interest.

Stock Trading Income Growth Curve

That is all fine and good if you like what you do BUT if you aren’t living the kind of lifestyle that you want to live, then that scenario doesn’t really help you be happy right now.

The Challenge with stock investment is that unless you are really good at it, the only way you build significant income is over long periods of time (I know, I know, some people have a knack for it and can make a fortune but they are the minority wouldn’t you say).  Building a lot of equity doesn’t do a lot for the person who wants to live his or her perfect lifestyle right now.

That’s why I say that Network Marketing makes sense for people that want to create cash-flow so they can give themselves more options now rather than waiting 25 years to cash-in on their nest-egg. The thing that most people don’t understand about network marketing is that when you do the math on the business model, you get some very attractive results. But for whatever reason, most people would rather wait 25 years, be “safe” and build a nest-egg rather than take some time to learn what network marketing is really all about.

So what’s the conclusion? Network marketing creates cash-flow (when it’s done right) and trading stocks (unless you’re an above average trader) builds long-term nest egg. Both are good, it’s a matter of deciding which one fits your goals.

Until Next Time – Cheers To Your Success,

Donny Watson
Pretending I'm Cool on a Sail Boat

Pretending I'm Cool on a Sail Boat

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Robert Kiyosaki explains the principles that are required to Quit Your Job Early

October 28th, 2009 Comments »

If you’ ve ever wondered what you need to do to Quit Your Job Early and live your perfect lifestyle, a good place to start is by learning some foundational things that you can build on – this video is a great place to start.

Cheers to Kiyosaki and you being on the right path to living your perfect lifestyle.

Donny Watson

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5 MLM Secrets that I hate to call Secrets

October 27th, 2009 Comments »

5 MLM Secrets that I hate to call Secrets.

I call these things MLM Secrets but they really just things that you need to know. And when you look hard enough the information is out there for you , you just have to find it.

So here are ‘5 MLM Secrets’ that most network marketers usually don’t want you to know.

#1: It’s OK to focus on Product Sales

It’s OK to focus on product sales even though most network marketers (and yes, I was guilty of this at one time in my life) focus so much on sponsoring people, they forget about what is important – Product Sales.

#2: Network Marketing Isn’t As Different As Everyone Wants You To Think

Network Marketing really isn’t that different from any other business, your upline just wants you to think it is.

Just think about the franchise system works for business greats such as McDonalds and Subway? What do they do that most network marketers don’t do… they answer is pretty simple – they provide value and they have alignment in their goals right from the start. Network marketers seem to wanna over complicate things all the time

#3: Choose Your Upline Carefully

Choose your upline – I could write about this until the end of time because it is just so important for your success. The network marketing industry seems to get a free pass when it comes to people doing their due diligence. For whatever reason, people seem to think they will be successful in the industry without ever spending any amount of time research who their upline might be and what kind of credentials they have. Or who are they working with who does. If you are new to network marketing or are contemplating a switch make sure you ask the right question to make it happen.

#4: You Will Determine Your Success

Contrary to popular belief – you are in control of your own success

I’ll keep it pretty simple. The only person who can accept responsibility for you is you. Don’t let your upline make you think you need them to be successful. Don’t get me wrong – your upline can be valuable knowledge base to learn from BUT only you can determine whether you are successful or not.

#5 – Company Sales Tools May Not Be ‘All Their Cracked Up To Be’

Some Company websites and some company events may not be all that they are cracked up to be.

Seriously. If you go through your companies website, and you don’t feel like it will work for you then don’t use it. It’s like anything else – if you can’t see yourself being successful with it then  you’ll never will. Some companies have great websites but some have absolute crap (for sales anyway). Don’t use a company site just because someone else says so – use it because you like it. If you don’t like then you either need to develop your own (not as hard as you think – I just followed this system and learned within a couple of hours.

That’s it folks – you can learn a lot more about these in my featured article titled – 5 MLM secrets that you need to know (pretty original eh).

Cheers… Now go and learn something new and prove to yourself there are no secrets – there are just things that you don’t know:)

Donny Watson - Cheers to Your Success

Donny Watson

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What is the biggest Secret to MLM Success?

October 26th, 2009 Comments »

The biggest Secret to MLM Success is that there ARE NO SECRETS

Every network marketer in the universe who has never experienced true success, I always wants to know what the secret is. What is it that is holding themselves back from having any type of success in network marketing. Why are their some people that succeed to unbelievable levels and others that really never seem to get there regardless of how hard they try.

The reason is really pretty simple – when you realize that the biggest secret to MLM Success is that there are No Secrets – you’ll start to open your mind up to the ideas and strategies that successful network marketers are already using.

Think of it this way,

There are no secrets, there are just things you don’t know yet.

When you take that kind of mentality into your business, you’ll continuously learn new things. Everything that used to seem so complicated will suddenly become much more easy to implement into your daily routine. You see, there are people out there who are wildly successful in their business and what you’ll notice is that they are very different yet very similar.

They all have a system that works for them but the system that they use may not work for you. It’s your job to find a system that works for you and is attracting the kind of people you want to work.

Here are some examples:

  • If you are the type of person who is not comfortable talking to people then you need to have a system you can use where you don’t have to do that (or at least as little as possible). Many times, network marketers try and force themselves to become good at things they don’t need to be good if they would just leverage a system that fits their skill set
  • Opposite to that is if you are a ‘talker’ and your upline is trying to teach you how to do things online. That would be like trying to fit a round peg into a square whole – it just doesn’t work
  • What if you wanted to put on home meetings but your upline team said the only way you’d ever make any money would be to go to hotel meetings – how do you think that would work for you? Not that good I bet.

These are the reasons that people get frustrated in network marketing. It’s not because they don’t get it. It’s not because there are secrets that only a special few know and it’s definitely not about trying to grow yourself to become someone you are not. It’s all about finding a system that works for you.

For those of you that are in the game (the MLM game that is), you may have to switch companies to get a restart.

For those of you that don’t have your vehicle to quit your job early yet – you need to do 2 things before you make any decisions

  1. Do an honest, personal assessment on yourself to determine what type of system you want to be a part of
  2. Ask the right questions to potential upline members in and don’t join anyone until you know you are going to get exactly what you need.

Here’s what I think you should be looking for

    • A personality type that meshes with yours
    • An upline who has a system that has been proven to work
    • Business partners (upline) who can teach you how to generate leads online and help you successfully develop business within your warm market.

If you can make yourself feel confident in the upline you choose then you are on your way to success. If not, then I would suggest you take a serious and hard look at your situation and make the appropriate adjustment.

The best-kept secret is that you (and everyone else in network marketing) just need to keep asking the right questions until you find the right match.

So the fact is that the biggest secret to MLM success is really know secret at all – you just need to learn more.

Until the next we chat – Cheers to you and all that you do. SmileJ

Donny Watson - Cheers to Your Success

Donny Watson

: if you have any questions in regards to anything on this website – please feel free to contact me at anytime.

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