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Author Archive pierre

Leverage time and money

Where can I get LEVERAGE?

I recently heard a saying that went like this: those with a poverty mentality ask ‘how much does it cost,’ while those with a wealth mentality ask ‘how much is it worth?

In today’s world, where most of us are “pawning” our skills to the highest bidder, we usually put the value on our time as high as we possibly can. However, most of us don’t really get paid what we’re worth.

Few people actually get great value in exchange for their time, and this is because the masses have yet to understand how and where to get real leverage.

Business people understand leverage

They use it in to attain phenomenal growth and profit in their ventures. However, in today’s world the masses are still being leveraged.Leveraging the masses

In feudal times there were only two types of jobs: one for indentured servants, i.e. slaves, and the other for soldiers. These two job types still exist today, though in different forms. Those who understand leverage will always employ people to grow their business, and to watch and protect their assets from being stolen. Governments and businesses understand and use this approach daily.

However, no one is stopping you from moving from the 97% group that is being leveraged to the 3% that seems to have all the leverage. If you don’t think this is true, check out the wealth distribution and understand that you’re going to have to be bold to take your place among the 3% to bring your purpose to fruition in your business through leverage.

The debate though is not about the rich getting richer, but the opportunity that exists in America especially to move from one economic class to another in a matter of a couple of decades. The question then becomes do you know where to get leverage? I submit that the best place is still to become an entrepreneur and start your own business.

Where’s Your Leverage?

Wealth Inequality in America

Wealth Inequality in America

You might say, well I don’t have the kind of money it takes to own a McDonald’s franchise.  And you would probably be right unless you decided to leverage debt.  However, debt has a way of turning its ugly head every 7-10 years and sinking some investment ships.  Nonetheless, there’s still more opportunity in America and abroad.  Today the Direct Sales industry is where many are starting home based businesses in order to leverage their time and money.  They are learning to earn an income from home.

What about you? Where will you turn?  Do you have a plan B?  If not, It may be time to check out why moguls like Warren Buffet and Robert Kiyosaki are supporters of this 70 year-old industry.

Want more information about [hclightbox id=”7″ text=”earning an income from home? Start here“]…

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Fat, Sick & Nearly Dead 2

Tonight, my wife and I had the pleasure to go watch the sneak preview of ‘Fat, Sick & Nearly Dead 2‘ at the movie theater.  As always, I’m drawing a lesson or two from every book and movie.  This one was no different.  I got two major lessons  from this movie.

The first lesson:  Find your passion and others will follow you.
Leadership is taking the reins and showing others the way.  Many will be inspired, especially when you’ve achieved something that they were always aspiring to do.

Joe Cross was fat, sick and suffering from various illnesses brought on by his choice of diet.  In fact, he was on medication .  However, he decided he was going to do something about it, and he did.  He took the plunge and went on a green juice diet across America for 60 days.

As a result, he ended up losing more than 80 lbs in those 60 days coming down from 309 lbs.  Joe puts it well when he says ‘What I’ve learned: the best way to change the world is to change yourself.”  And that he has done as he’s inspired many others to change destination and live on purpose once again.  He’s found his passion and he’s living on purpose.

The second lesson: You need a community around you.
There’s nothing more powerful than having a community of people to help support you in your endeavor.  While Joe Cross has lost the weight and managed to keep it off, you’ll learn once the movie is released that one of his followers didn’t manage to do as well.

However, this is nothing to judge him on when you learn about his choices and how he ended up being isolated from a community.  People crave community.  Frankly, we were made to live in community.  Nobody can do it alone.  When surrounded by a support system it’s easier to replace old habits and step into your purpose.  This is because we were made for interaction/feedback!  How am I doing so far?Community-support

Social Media is powerful than you think  While many people can find a support system in their family, the community, the church or even a club, many ended up finding that support online from people who live hundreds and thousands of miles around the world.

Bonus lesson: The slight edge or compound effect will always keep working for or against you.
Every action toward your purpose or procrastination are effecting not only you, but others around you.

In the end, Joe’s choice to take the plunge has changed his life destination.  One doctor scanned his arteries and proved to him what his end might have been if he didn’t start juicing in the last 6 years.

Wouldn’t it be nice for you to find out where you stand with your health?  It is actually possible to reverse many of the degenerative diseases with the right approach, as many of Joe’s followers proved.  Can you feel great every day again?  You can.  Let’s do it, and let’s add life to our lives!

The movie will be available on DVD in November.  Meanwhile you can start a Reboot with Joe!

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Are You Training For Mastery?

When it comes to developing the right mindset as an entrepreneur, the phase called ‘Training‘ will never stop, unless you want to curb your paycheck at some point. Why would anyone want that anyway?

This year, in my quest for mastery, I have already spent thousands of dollars just to get the right training under my belt.  I’ve been renewing my mind, and reminding myself that the old programming cannot solve the issues I’m looking to overcome in my business now.

In the last three months I traveled every month to Chicago to connect with one of my business mentors to learn the right mindset. Mind you, I paid for travel, training, course materials, food, etc.. And you know what? At no point did he say ‘You’re doing such a great job!”

Best Training Around

Training for Mastery with my mentorMy mentor expects me to learn what he’s teaching me, and furthermore to practice what I’m learning so I can ultimately develop to the level of mastery. After all, that’s why I am paying him for, to not only train me, but also to look over my business and challenge the results I’ve chosen.

Last time I saw him, he introduced me to his accountant and asked me to develop a real business plan that represented not only where my business currently is, but where I expect to take it in the next 12 months and beyond.

The gull, you say? Well, this is what mentors are all about. They are there to train you, stretch you and stop you from making costly mistakes along the way.  In short, they want you to reach mastery like they have.

Mastery Is Waiting For You

So, with that in mind, read this next passage with the mindset that one of your mentors is talking to you and challenging your mindset, and your plan of action to reach your short term and long term goals along the way to reaching your true potential.

READ IT HERE!

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Who's Training You?

Who Is Training You?

Who’s training you?  Who’s putting the pressure on you to get you to go the extra mile, which you’re capable of doing?

Who’s telling you that you are able to do all things?  That there are no limits? And that you’re one idea away from your next fortune?

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Who exactly is challenging your old mindset?

Somebody is telling you that you can’t do certain things.  That somebody happens to be you, due to the old programming.  You’ve got to get past your old programming.

The only way you’ll get rid of your old program is to put in some new programming.  You cannot watch a different movie until you change the current DVD in the player.  It’s time for new training.

This new programming will help you stop from going across the old boundaries where you can’t produce at your optimum level.

MTime to Trainy question is still:  Who’s training you? 

This is about a mental shift.  A mindset change.  Many of you don’t really have anyone challenging you to go beyond your current level to reach your potential and beyond.

Who’s training you?

Who’s asking you to go to a higher level?  Are you willing to go to a higher level?

Or do you see yourself at the current level where you’re seemingly stuck and moving nowhere fast?

I’m calling you to a higher level, and you must respond to the training, and go to that level.  You have the potential inside of you to go higher.

You must connect with new mentors in the areas of your strengths so you can be even more effective.

You must connect with a mentor that can teach you how to strike the ball out of the park!  That mentor can only be someone who’s currently doing it or has a track record of not only achieving the level you’re striving for but can also put you through new training.

You must seek out the leader who’s already gone where you’re dreaming of going.  They see the possibility and your ability stretched to reach your potential.

Constant Training is necessary

So, are you still listening to the old programming?  Or are you challenging that old DVD by constantly playing the new programming over it?

You must keep replaying the new programming, however uncomfortable it seems at first.  You’ll get comfortable with it soon enough just like you did with the old programming.

Once that happens, it’s time to upgrade the programming again.  Seek out new mentors and seek out a challenge that will get you living at the level of your potential consistently.  This is the only way you’ll get back to your creative space where you can make your world a better place!

 So, who’s training you?

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Costly Rock

How Much Does That Rock Cost?

People buy “rocks” daily in the Diamond District of New York City and other places online.  But did you know that some rocks though seeming worthless can cost you more than they’re worth?

Here I was on the road to Chicago a couple weeks ago with one of my business partners, and while in Indiana in the rain I hear “peck!”  And you can already guess what it is.  The closest truck was at least 20 yards ahead.  But that didn’t matter as my windshield had already been hit.  Now a little speck on your windshield is not necessarily a big deal.  However, when it turns out to be a crack line that’s bigger than a dollar bill you have to find out the cause and repair the windshield ASAP.

the rockWhile this is being done, I’m writing this post.  I’d like to ask my entrepreneur readers when was the last time a small pebble cost you a fortune in your business.  Keep in mind, my insurance is covering this repair partially as I must shell out my $500 deductible up front anyway.  I’m glad I’ve got insurance, otherwise this would cost a whole lot more, when it comes to parts and labor.

In your business, what areas need insurance coverage?  Do you have the adequate insurance for those areas?  If not, why not?  The issue here is that things ultimately break down, or sometimes, worse yet, a pebble gets stuck in your windshield.  Not exactly what you want, but you must deal with it lest the crack grows longer rendering your windshield worthless and compromising the integrity of that windshield.

What little things will you let compromise the integrity of your business?  You must deal with these little foxes now, lest they cause larger breakdowns.  I am happy to be paying my deductible at the end of this glass replacement.  However, without good insurance coverage I wouldn’t be safe behind the wheel of my car, and more importantly this would probably be costing twice as much, if not more.

Every part of your business is important, especially if it’s a home business.  For that you need a whole business plan to represent where you are now and where you’re heading.  Learn more about writing the right business plan to prevent catastrophes in your business.

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Summer Days Are Over

Summer Days Are Over…

Today, the day after Labor Day, it felt as if it were the last day of summer.  Some would say that ‘Summer Days Are Over’, but I digress.  As I enjoyed the sun yet one more time with my wife and children at the beach, I couldn’t stop but think back to the days when I had a full time job.  Let me explain.

My wife grew up in Long Island and loves the water. So, any hot and sunny day we should be at the beach.  When I held a full-time job, we could only do this on a weekend, unless we took a vacation somewhere, like Puerto Rico.  Frankly, this year it’s been great as I’ve stepped completely into my business as an entrepreneur, but not just as one whose business owns them.  In recent years, I’ve also learned that there are so many resources that an entrepreneur can leverage.

You see, on the day after Labor Day, Summer Days Are Over for most folks because they hold a full time job and have no real choice but to show up and start putting in their 40-hour work week regularly until weekends or the next vacation. But there’s a class of entrepreneurs who can still go on and enjoy their summer even while others are back at the grind.

This is not to say that entrepreneurs don’t understand the value of work.  After all, the Creator said ‘Six days you shall work, but on the seventh you shall rest.’  So, this is not about taking a perpetual vacation, but rather to impress upon you that if you embrace entrepreneurship the right way in the 21st century, it has the ability to give you back a lot more time freedom for you and your family.  Unfortunately, many entrepreneurs living with the old mindset still don’t understand that business is really about leverage.

In fact, today at the beach, I met a lady who’s having a hard time convincing her husband, a business owner, that her home based business has the ability to bring this kind of freedom to her family.  The husband is convinced that there’s no better way to earn money than by exchanging time for it.  Keep in mind, he’s working seven days a week to build his clientele in a new city so he can meet his obligations, and that’s honorable. However, that model, even if he employs others to do the work later on, is still predicated on exchanging time for money.

Currently, there’s a breed of entrepreneurs who understand leverage beyond skills and time exchange for money. Frankly after 20 years in the IT Field I’ve discovered the same mindset.  This lady has too and will become very successful at her craft as she’s learning how to leverage her time and ultimately help bring her husband home to enjoy family times once again.  If you’d like to leverage your time, and start building like this lady here are a few tips for you:

1. Nothing worthwhile is built in a day.

2. You must go through failure in order to reach SUCCESS.

3. Your product is not your craft but people.

If you want to learn more about becoming an entrepreneur here are some great resources to get you started here.

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Are you an Entrepreneur?

How do you define an entrepreneur?  Do you know anyone who claims to be one vs. someone you know is a true entrepreneur?  Are you an entrepreneur?

Many people claim to be entrepreneurs, but they don’t fully understand the meaning of the word.  To be an entrepreneur requires at least some of the following characteristics.

  1. Becoming a critical thinker
  2. Thinking on your feet
  3. Developing a mindset to recognize opportunity
  4. Having a long term vision
  5. Constantly finding opportunity to create wealth with others

There are many more characteristics, but these are just a few that I think warrant the time of anyone who’s looking to develop into an entrepreneur.  Understand that school doesn’t teach you to become an entrepreneur.  They can help you develop a critical eye to some extent.  However, many students end up coming out of college without ever having developed true critical thinking.  They just accept whatever they’re told as the truth because they never researched it.

Thinking on your feet is what is required of those who want to stay on top when someone else changes the rules of the game.  For example, when the tax code was changed to tax the rich more, they quickly found new tax shelters, because they understand the value of their resources and won’t simply let that slip so easily out of their hands.

Many people have yet to develop the mindset to recognize opportunity.  I know of a young man who at 10 years old started buying his own ATM machines and now owns 10 ATM machines at 13 years old grossing $6,000/year.  In the space of 4 years he’s paid for his initial investment, which means should he decide to go to college at 18, he has already gathered at least 10% of his yearly tuition at some Ivy League school.

But most of us don’t have such long term vision, which is always required of the entrepreneur because you must create assets that in turn [hclightbox id=”7″ text=”create a stream of income”].

Last, as an entrepreneur, you must learn to develop relationships that lead to new products and services.  It’s not rare to see other entrepreneurs coming together in their own Mastermind groups looking to synergize and choose new results.

Having only touched the tip of the iceberg here, I promise you we’ll look at more characteristics of the entrepreneur in a few more articles.  Your best course of action is to start reading books that expose you to the Entrepreneur mindset and how you can choose the right results that put on the path to developing your own entrepreneurial spirit.

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Entrepreneur On The Move

Blog

PierresAvatarWelcome to my new BLOG.  On this blog, you’ll find all kind of business information for the budding entrepreneur.  Entrepreneur On The Move will get you moving from an apprentice business person to a seasoned entrepreneur and having the lifestyle you desire.

Welcome aboard.
Pierre Laguerre
The Editor

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

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What Is Lorem Ipsum

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

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