Do millionaire entrepreneurs think differently than the average Joe?
I’ve had the pleasure of knowing hundreds of them over the past two decades, and my experience has shown me a few differences in their thinking.
I’m NOT talking about the metaphysical “Law of Attraction” type of stuff.
This isn’t about ‘attracting money’ through your beliefs.
This is about having faith in yourself and your team to take the actions that lead to success.
It isn’t about just your mindset. It’s about how your mindset leads you to to consistent daily actions.
Here are a few of the items I’m talking about…
#1 – Give more value to a larger audience.
Millionaire entrepreneurs are constantly looking for ways to provide more value to their audience.
They know the more value they provide…the more money they make. They’re asking themselves, their team, and their customers what else they want.
This is the opposite of what a lot of business opportunity seekers try to do. Asking how to make money fast is the wrong question.
I’ve known a lot of entrepreneurs who made money quickly, but none of them started with the goal of fast money. Instead they found a way to provide more value to a larger audience.
#2 – Know the value you offer.
Step one is creating value for others. Step two is knowing the value you create.
No wonder it’s tough to sell your offer if you’re not sold on it yourself. How will your offer make a difference in the lives of your clients and customers?
The Internet has created a ‘Commodity Economy.’ If you allow yourself to be sucked into this, you’ll compete only on price until neither you nor your competition create a livable wage.
#3 – Craft a better presentation.
If you believe your offer really makes a difference in the lives of your clients and customers…you owe it to them to persuade them to buy.
It’s no different than lawyers going to bat for their clients. They’d create a convincing argument, back it up with overwhelming proof, and ask the jury to choose their client.
Selling doesn’t have to be sleazy. At its core, sales is simply sifting. Attract and persuade those whose lives will be improved by your products and services. Repel those you can’t help.
#4 – Attract more leads.
Desperation will make you accept clients who aren’t right for you.
The secret is having more than enough leads coming in. This means you have multiple funnels in place that continually draw in qualified leads.
Start with one…get it running…and then expand out to others. If you only have one lead source, your business is only one change away from disaster.
#5 – Focus on the essential.
One of my favorite business coaching questions is, “What is working best right now?”
It’s amazing, but successful businesses almost always have just a few elements that are producing a majority of their profits. That’s the 80/20 rule in effect.
One of the fastest ways to grow your business is master the essentials.
#6 – Leverage other people’s talents.
Ask a millionaire business owner about their biggest fears, and ‘losing key team members’ is almost always on the list.
They don’t go it alone. They leverage the time and talents of those around them.
What is essential for you to do in your business…and what can be handled better by someone else?
There is often a strong correlation to the income of the entrepreneur and how much they’ve handed off to others.
#7 – Invest in yourself.
This was a commitment I made my very first year online…and it led to my success.
Each year I’ve invested in myself and my skills through information products and coaching programs.
And I’ve found all those who are successful online have done the same.
They invest in themselves first.