Are You Coin Operated? – Post 388

If you want to be successful you have to reprogram your mind. You have to learn to think completely differently than you have up to this point.

If you have been an employee you have to learn how to think differently to become a
successful entrepreneur employees are in a
coin operated world, they are trading their time for money. If you worked in a blue collar field you have to think differently. You can’t think the same and expect to get big results as an entrepreneur.

Entrepreneurs don’t live in the “coin operated” world. As an entrepreneur you’re not trading time for money. Entrepreneurs realize that in the beginning you sometimes have to really work hard with little to no reward. They think differently, they understand that the rewards come later.

Let me give you one big example.

Entrepreneurs have to think differently about rejection. There is a book called “Go for No” and it does a good job of getting folks to think differently about the word NO. Some folks take rejection and they really take it personal. In other words when they are rejected they are just completely destroyed. If you have the mindset that rejection means that you just don’t have any value, you don’t have anything to contribute, you don’t have any worth, that it means you’re stupid, it means that you made a bad decision; rejection means you’re not likable. If these are what rejection means to you then that definition will create the reality for you.

If you are going to be involved in your own business then you have to re-train your brain that rejection is just a sorting mechanism for who is ready and who is not ready for whatever it is that you are offering.

It is the difference between folks in the coin operated world and folks who are entrepreneurial; Those who are open for business and who are closed.

Rejection allows people who aren’t ready for what you have to offer, to give you this great gift. The gift of letting you know whether you are spending valuable time with them or if you are wasting that valuable time.

Entrepreneurs realize that no doesn’t me no. It just means not now. It may come at some time in the future that no may become a yes because they will be open to what you are offering. That is as long as you don’t hound them for a yes and permanently close that door.

Success is a relationship game. Entrepreneurs realize they have to build that relationship and they know this process is why it takes time to build their business. They understand that by laying the groundwork and really cultivating it they will reap an even greater reward in the future.

Entrepreneurs realize that a no doesn’t mean you’re not worthy, you’re not capable, you’re not likable. It doesn’t mean you made a bad decision to pursue your entrepreneurial vision. It doesn’t mean your products are no good. It doesn’t mean any of that. All it means is they are not ready. That’s it. You have to re-train your mind to that reality.

I know I’ve mentioned this before but take Colonel Sanders. When he was looking for someone to buy his famous recipe, he was turned down over 1000 times. It didn’t bother him. He KNEW he had a good product that folks would like and buy. If he let rejection define him in a negative way he would have never earned the millions of dollars he made from KFC.

If you let rejection define you in a negative way, then you better be careful, it will create a future for you. It will create fears in you that aren’t real, they’re just illusions.

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Success is About Self Education – Post 382

We’re taught all of our life to go to school, get a good education, go to work for a good company. The reality is that that’s not how you create wealth.


It’s about self education.

Jim Rohn once said, “Formal education will make you a living. If you become self educated you can create a fortune.”

Over the years I have attend a lot of different seminars. I’ve met a lot different people that have done extremely well and have become financially independent in different niches in all types of different markets and the only thing they have in common is that they became personally educated and not just formally educated.

Over the past year I’ve met more than a dozen people that we’re all making over $1,000,000 and I was just trying to define, what’s the common denominator? 

Here’s what I think the number one thing in common was. The people that made it had reasons for making it. Strong driving reasons. But the other thing that I found just as fascinating was that of the ones that had a college degree, none of them were making their fortune in the field that they had studied in college.

Whether they went to school or not, every one of them realized that you have to do something different. You have to pay a price maybe, that society doesn’t tell you that you have to pay. 

There’s a lot of people that go to school, get a good education, go to work for a good company and they have this attitude of entitlement. “I did what society told me to do now I’m entitled to make a good living and where’s my money?” 

That was me. I worked my tale of to put myself through college to become a pharmacist. That was my attitude afterward. It wasn’t until I lost it and was not able to find permanent employment for two years that I realized that success, financial freedom, was up to me and not to my job or my degree.

I’ve heard it said that all the “A” student’s end up working for the “C” students and it’s really true. Over my lifetime the people who have had the most success hired people to work for them that were all sharper than they were. The people that they hired all had skill sets that they didn’t have themselves. They hired a lot of people, highly intelligent people to work for them. Really highly intelligent people that were “A” student’s who ended up working for them.

During the world war, a Chicago newspaper published certain editorials in which, among other statements, said Henry Ford was “an ignorant pacifist.” Mr. Ford objected to the statements, and sued the paper for libeling him. When the suit was tried in the Courts, the attorneys for the paper placed Mr. Ford, himself, on the witness stand so he could prove to the jury that he was ignorant. The attorneys asked Mr. Ford many questions, all of them intended to prove, by Mr Ford’s own words, that, while he might have considerable specialized knowledge relating to manufacturing automobiles, overall he was ignorant.

He was asked questions like, “Who was Benedict Arnold?” and “How many soldiers did the British send over to America to put down the Rebellion of 1776?” 

In answer to the last question, Mr. Ford replied, “I do not know the exact number of soldiers the British sent over, but I have heard that it was a considerably larger number than ever went back to England.”

Finally, Mr. Ford got tired of the questions, and in reply to a particularly offensive question, he leaned over, pointed his finger at the lawyer who had asked the question, and said, “If I should really WANT to answer the foolish question you have just asked, or any of the other questions you have been asking me, let me remind you that I have a row of electric push-buttons on my desk, and by pushing the right button, I can summon to my aid men who can answer ANY question I desire. Now, will you kindly tell me, WHY I should clutter up my mind with general knowledge, for the purpose of being able to answer questions, when I have men around me who can supply any knowledge I require?”

There’s a lot of good logic in that reply.

That answer floored the lawyer. Every person in the courtroom realized it was not the answer of an ignorant man. Any man is educated who knows where to get knowledge when he needs it, and how to organize that knowledge into definite plans of action. 

Through the assistance of his “Master Mind” group, Henry Ford had at his command, all the specialized knowledge he needed to enable him to become one of the wealthiest men in America. It was not essential that he had this knowledge in his own mind. 

I don’t care what society has told you. Formal education makes you a living. If you become self educated in the right industry at the right time you can create a fortune. 

You can create a fortune here and it’s not difficult. Just do simple things over and over and over and over and teach others to do the same.

I ask you, “do you want to fail or do you want to succeed?”