Friday, June 6, 2008

Mitch Axelrod Nuggets of Wisdom: Reframing Network Marketing

Have you ever had a bad experience with network marketing? Mitch Axelrod, one of the Peak Potentials Never Work Again presenters, talked about reframing the game while on stage in Aneheim, California.

Mitch challenged the audience to write down all the nuggets of wisdom that he presented and promised a prize to the person who had written down the most information. With that, I had nugget number one: challenge your audience and promise a reward for action. Think about it, who doesn’t like a reward? Who doesn’t want to be recognized for taking action? Who loves to get free stuff? Okay, put your hands down now.

Mitch proceeded to present his formula for reframing network marketing in our lives. I’ll provide my list of nuggets later this month so that you can benefit from the course. Of course you can always check out Mitch Axelrod's website and get his free ebook to learn some of the information on your own. I think the most powerful nugget that we were given was the one that I didn’t write in my notes.

During the course of the presentation we were challenged to play a network marketing game. Ask everyone you meet “What do you do and how can I help you?” This process guarantees that you’ll never be rejected. Be interested in what the response is and you’ll be surprised how quickly you can build your contact list. We were challenged to keep playing the game over the duration of the Never Work Again seminar. The results for me were spectacular. I have 3 envelopes full of business cards of people I can help and people who can help me.

What do you do and how can I help you? Practice using it in your daily routine and you’ll be surprised how easy network marketing can become. Overcome your awkwardness in any situation by using this simple question. You’ll be astonished at how many people will want to learn about you and help you in return for your interest in them. Mitch Axelrod certainly helped reframe network marketing for me.

The Now Habit by Neil Fiore: Overcoming procrastination

How do you overcome procrastination? If you’re like most of us, you feel badly for a while then screw up your courage, swallow the distaste and make yourself do what ever it is that you’ve been avoiding. I recently read The Now Habit by Neil Fiore. The subtitle of his book is a strategic program for overcoming procrastination and enjoying guilt-free play.

The book is an easy read on how to overcome procrastination in 200 compact pages. Among the chapter headings you’ll find, why we procrastinate; how we procrastinate and how to talk to yourself. The author also throws in some real-world hints and tips on scheduling, meditation and living with a procrastinator.

I was able to read this book in a very short period of time. That’s good news for procrastinators who are eager to get to the solution. The meat and potatoes is that the author proscribes a method of reverse psychology to get yourself out of the blame game and into productivity.

Have you ever had someone tell you that you HAD to do something? Sure, we all have. Well the solution given in THE NOW HABIT is to schedule all about the good things that you have to do in your life first. Things like spending time with friends and family, exercising or doing something playful to help your creative juices flow. In essence, by focusing on the fun things in your schedule, and then committing to intensive 30 minute stretches of work that you’ll get a lot more done in a day.

The Now Habit also has some other unconventional strategies like starting a project with the worst possible quality work. The premise is that if you can do something badly, eventually your pride of ownership will kick in and you’ll come back and fix everything you’ve done poorly. However, in the mean time you will have at least started something. As every good procrastinator knows, starting can be one of the biggest anxieties when facing a large project.

If you’re interested in learning more about the universal epidemic of procrastination, why we do it, how to change it in your life, positive self-talk and the UNschedule strategy I’ve described above, I recommend you check out this uplifting book by Neil Fiore.

Will the book work for you? This blog post is being written using the above strategy. Within my eyesight there is both a Lindt chocolate, and a big shiny quarter to be deposited into my PLAY jar. (See more about my jars here.) These are both rewards I’ll be enjoying after I finish this concentrated 30 minute period of article writing. And I must say as much as I’m looking forward to the treat, I’m also enjoying the feeling that I’m really accomplishing something within a short period of time.

Try reading the book The Now Habit and conquer procrastination today.

Thursday, June 5, 2008

The Money Jars – An Overview of T. Harv Eker’s Money Jar Strategy

Have you ever been broke? Have you ever wondered how to save money easily? Have you ever been afraid of what you’ll have saved when you retire? Money Jars to the rescue!

I first learned about the money jars at the Peak Potentials Millionaire Mind Intensive. The jars are a deceptively simple way to encourage pain-free savings without imposing rigid budget rules on your life. Pain free saving sounded great to me, but I like to save. What about the people who don’t like to save and instead like to spend? Good news, the jars still work!

Here’s how the jars break down into categories:
1. Long Term Savings
2. Financial Freedom Account
3. Necessities
4. Play
5. Giving
6. Education
**Independent contractors will want to have an extra jar set aside for taxes.

The beauty of the jars is that you are not restricted to making adjustments as necessary, but that it also forces you to be aware of your money on a daily basis. Plus, it allows the freedom of some guilt free PLAY which is highly recommended in The Now Habit for overcoming procrastination. The money jars focus you on creating good money management habits. Once you're in the habit of responsibly managing your money you'll find out how much easier it is to get ahead in your life.

As an initial recommendation each jar should be stocked as follows:
10% LTSS
10% FFA
50% NEC
10% PLAY
10% GIVE
10% EDUC

Imagine never having to worry about emergencies again. Imagine having money to enjoy guilt free fun. Imagine having enough for retirement. Even if you have to change the percentages in your jars, you could still accomplish all of the above. The only real rule is that you MUST keep track of your spending.

I started my money jars in January and after a couple of months dealing with the cash, have transferred everything into a series of fee-free bank accounts. I track my spending weekly in an excel spreadsheet and reconcile my bank accounts monthly. 30 minutes a week is all it takes. Happily, I’m seeing a real increase in the amount I’ve been able to save for my retirement. There’s lots of ways you can use the money jars effectively in your life. For a complete brief, check out The Millionaire Mind Intensive or Secrets of the Millionaire Mind by T. Harv Ecker.