With regards to thinking just like a millionaire entrepreneur, you have to be thinking about making connections and collaborations with others to motivate activity for the business. Often businesses are only focused on what's in it for me. You've probably heard of the saying "People like the radio station WIIIFM - What is in it for me!" Obviously, I want you to always be thinking about what's in it for you. However, the error is that business owners don't even think about what is in it for others that will benefit themselves along with the other business owners. Business is more than putting up a sign in front of a shop. Business is engaging other people and drawing them to your business via multiple means.
Let me give the example of a pizza shop. If you have a pizza shop, you should not be in the back making the boxes. I always say hire someone to do the mediocre jobs that someone else can perform so that you can concentrate on making money for the business. Rather, focus on how to generate more traffic in your store or orders of the products. Therefore, you may be doing the following top things to increase your business. These tips below are what could start you on your way to thinking like a millionaire entrepreneur.
You ought to be cutting deals with the recording store that might be across the parking area.
Nine out of ten times when someone rents a video, they want to eat pizza using the video. Additionally, nine times from ten, you ought to be giving coupons for the video store simply because they probably want to book a movie while eating pizza. You aren't competing with each other's businesses. You complement each other. When you start with the framework and the mindset of making decisions where you need to be, not where you currently are, you begin to shift how you act. You start to shift the way you think.
Instead of thinking, "Oh, I've reached put these pizza boxes together" when it comes to the pizza shop, you start thinking "who can I cross market and cross promote with where we do not compete, but we compliment?" That's thinking just like a millionaire entrepreneur. That's making a decision from a host to where you desire to be because you are strategically attempting to cut deals that raise your revenue.
That is my whole point. You can't be thinking and making decisions from where you are at this time. It's the "Act As If" principle. You have to have it before you will have it. This principle will lead you into thinking of ideas like the one I proposed for the pizza shop owner. Once you consider one marketing idea, then build upon those creative ideas to create other marketing opportunities. Begin jotting down a list of other businesses that can contribute to your advertising campaign who stand to benefit from your customers.
Let me give the example of a pizza shop. If you have a pizza shop, you should not be in the back making the boxes. I always say hire someone to do the mediocre jobs that someone else can perform so that you can concentrate on making money for the business. Rather, focus on how to generate more traffic in your store or orders of the products. Therefore, you may be doing the following top things to increase your business. These tips below are what could start you on your way to thinking like a millionaire entrepreneur.
You ought to be cutting deals with the recording store that might be across the parking area.
Nine out of ten times when someone rents a video, they want to eat pizza using the video. Additionally, nine times from ten, you ought to be giving coupons for the video store simply because they probably want to book a movie while eating pizza. You aren't competing with each other's businesses. You complement each other. When you start with the framework and the mindset of making decisions where you need to be, not where you currently are, you begin to shift how you act. You start to shift the way you think.
Instead of thinking, "Oh, I've reached put these pizza boxes together" when it comes to the pizza shop, you start thinking "who can I cross market and cross promote with where we do not compete, but we compliment?" That's thinking just like a millionaire entrepreneur. That's making a decision from a host to where you desire to be because you are strategically attempting to cut deals that raise your revenue.
That is my whole point. You can't be thinking and making decisions from where you are at this time. It's the "Act As If" principle. You have to have it before you will have it. This principle will lead you into thinking of ideas like the one I proposed for the pizza shop owner. Once you consider one marketing idea, then build upon those creative ideas to create other marketing opportunities. Begin jotting down a list of other businesses that can contribute to your advertising campaign who stand to benefit from your customers.
About the Author:
James Malinchak, Presented on ABC's Hit Television Show Secret Millionaire, is known as by many specialists as the World's #1 Big Money Speaker Coach and Trainer. For Free of charge Video Trainings concerning how to get money to speak and the ways to be a become a motivational speaker, check out www.BigMoneySpeaker.com.
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