Entrepreneurship To The Fullest

Entrepreneurs have: unlimited income potential, able to fire themselves, and can sell the company, in part or in whole. I've worked with hundreds of entrepreneurs, and known many hundreds more, that don't even come close to maximizing these inherent qualities of business ownership. You Have Unlimited Income Potential Let's start with #1: unlimited income potential. I think too many focus on the potential, but don't really learn how to it into reality. If you haven't learned how to increase your revenue within weeks, if not days, then you don't really know enough about your business or your market. Sure, some…

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7 Hard-Learned Investing Rules For Early Stage Businesses

Set Them; Never Break Them During the DotCom era, I took up day trading. It seemed fun and exciting and a great learning opportunity. It was all those things and it was draining. I learned that I liked to gamble. I liked the highs of winning a bet on a stock. I also learned that I hated to lose. It would send me into an emotional low. I eventually quit doing it right before the dotcom crash. I wish I could say I was prescient, but I was simply lucky to sell off when I did. Sure, I had clues…

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Creating Abundance In Your Business When You Don’t Feel Abundant

Are You Really Thinking Abundantly?   What you're about to read isn't a holier-than-thou screed. I'm just as guilty of thinking in terms of limits instead of abundance.   So I'll start there...   Many times I find myself with limited thinking. And I have to remember my definition of abundance for me -- T.I.M. Having time, income and mobility freedom. I have those things.   Then I remind myself to look at what I'm doing to determine if it will give me more of the abundance I desire or will it take away some of the abundance I have.…

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Wealth Accumulation, Wealth Creation, And Lifestyle Funds

Wealth Accumulation, Wealth Creation, and Lifestyle Funds

What’s the Difference and Which Should You Focus On? Ask any entrepreneur: “Are you going to retire?” and they will say, “No, I am probably going to work until I die.” If that’s your mentality, you have to ask yourself – are you working because you have to make money to pay your bills – or because you’re enjoying it so much that you can’t stop? Consider if you can get to the point where: Money is still coming in from your business Your business is growing and your team is running things smoothly You are working on your business…

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Big Goals Vs Happiness

I’ve been thinking about 2 ideas that are floating around: “Live rich on less” which became more popular after the Four Hour Workweek came out. The other is that you want what you want and you don’t have to justify or rationalize it. This idea is promoted by Dan Sullivan. With the first concept, the justification of your desires, compromise is almost always inevitable unless you want very little or already have more than you desire. It is much like the Parable of the Mexican Fisherman where the businessman on vacation tries to convince the fisherman to work really hard…

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Quantifying Entrepreneurial Freedom

Did you become an entrepreneur to gain freedom? Are you free? I've worked with hundreds of business owners over the last 16 years and found only a few achieved anything like the freedom they thought a business would give them. In all that time working intimately on their businesses I realized that the reason they weren't free was that they never quantified what freedom was to them. I've heard, "I wanted to be my own boss" or "I didn't want a boss," but what they got was hundreds of bosses in the form of customers and employees. All of a…

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The Foolish Story Of Tim Conley

The Foolish Story Of Tim Conley

Who Is The Man Behind The Mic? So if you tuned in to last week’s show, you would have heard all about how Tim approaches his T.I.M. concept and how he has applied it to his life. This week we’re going one better. With Lain Ehmann returning as our guest host, we’re getting all the gory details of Tim Conley’s life journey, from his early struggles to the man he is today. Tim’s story is one of persistence, determination and good old-fashioned hard work and is sure to inspire anyone dealing with any self-doubt about where they’re at in their…

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Getting The Most Out Of Your Time, Income & Mobility

Tim Shares His Approach To Coaching, Consulting & Life Balance… In this week’s show we’ve got a bit of a role-reversal, as regular co-host Lain Ehmann sits down to grill our host Tim Conley on how he does what he does, and what brought him here in the first place. With a little help from Lain, Tim is going to run us through how exactly he structures his work-life balance, as well as his key philosophies as a business consultant and coach. There’s a huge amount to take away from this one and hearing Tim’s approach to business should prove…

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Strategically Happy

I just had a client call where we were working on how to alter her business strategy to give her more time and to create a rapid revenue model. What came up was that she is doing one-on-one coaching and is working on a group coaching program. She was worried that her best clients (the one-on-ones) would see moving to the group coaching as a downgrade in service. In the conversation, she said that she looked forward to the calls with these clients and wouldn't want to lose them. I asked her why she had to drop them. If it…

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Live The Life You Want

A Success Fable Are You Delaying Your Ideal Life By Following Someone Else's Success Script? An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them. The Mexican replied, “only a little while. The American then asked why didn’t he stay out longer and catch more fish? The Mexican said he had enough to support his family’s immediate needs.…

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