March 28

But It Can’t Be That Simple!

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Are you drawn to people who simplify things for you?  I am.

And...

The older I get, the more I realise that the three core secrets of business success are really very basic. Similarly the core secrets of gaining great wealth are soooooo simple.

(I’ll reveal what they are later in this post)

The problem is that nobody believes that the real secrets of success could be that simple.

They think there must be another secret, a deeper layer, a new key to turn.

A new technique or a new trick.

So this is what most people sell you

I follow Justin Welsh, on the recommendation of a great friend of mine. 

Justin is quite amazing in that he simplifies everything down to it’s absolute core.

His tweets, emails and social media posts make me feel a million times calmer just reading them. His marketing suggestions are short and sweet. His website is simple and clear.

One of my business mentors is G.

G is calm, slow speaking, steady and never knowingly hurried.  He has a dry humour and a wealth of stories to illustrate his points.  

Which he tells you very slowly to make sure you GET the point.

Just talking to him on the phone reminds me to take a deep breath occasionally.

He’s the guy who showed me how to manage my personal and business finances via a simple weekly spreadsheet.  Including card transactions.  

Neither my bank manager nor accountant could tell me how to do that.  Of course not, they were employees not successful business people.

I’m emulating both nowadays. Plus one.

Justin, G and Chris, who I told you about the other day.

Simplicity, brevity and clarity.  With a big dose of humour.

Anyway, back to the three secrets of success in business AND wealth creation.

Business Secrets.

  1. Find a hungry crowd who can afford you
  2. Sell them what they want (but weave in what they need)
  3. Pay yourself first

Wealth Creation Secrets

  1. Track every penny
  2. Pay yourself first
  3. Invest in income producing assets

Do you notice a common denominator?

Pay yourself first.

What does this actually mean?  It means to put you and your business in front of everyone else who is trying to get your time and money.   To take what you need first and then pay all the rest.

If you don't know how to do that, find out urgently.

In business, you can start to learn how to do this by reading ‘Profit First’ by Michaal Michalowicz

In personal finance and wealth creation, you can learn how to do this by reading my original book ‘The Money Gym’ which is still as relevant today as it was on the last update. 

Then book in for a Power Hour, so I can update you on the simple but urgent things I’ve learned subsequently, that you really need to know now.

Photo by Jamie Templeton on Unsplash


Tags

business cashflow, business finances, chris barrow, justin welsh, keeping business simple, simple finances, simple marketing


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