Monday, March 30, 2009

Are you a Leader or an enable?


If you're being too touchy feely in your business it's not totally your fault.

Here's why . . . In network marketing we're all taught to be available 24 seven. We say things like . . . "If you need to do a three way, don't even think if I'm available, just call I'll be there for you." "If you need anything you've got my number just call me."

Nothing wrong with being totally available if that's the type of life you want to create, but it's NOT really the best way to go about things. Why? You end up becoming an enabler of weakness and not a creator of leadership.

If you're always there for any and every little thing for your team and prospects you're setting the wrong expectation from the outset. (It's like spoiling a child.)

I say this not because I'm bigger and better, but because I've got this hang up too. When you let people get access to you and your time all the time you loose the life you're trying to create and breed weakness into your team. There are some things they should be able to figure out themselves after you've trained them, and if you insist on being there for every little thing, they never get a chance to grow and be independent.

Leaders are what makes this business go around. You foster that by setting the right expectations, sticking to your guns, and providing what you say you will. You're a coach, not a counselor.

Make sure you define that roll to you first and them second, and you'll begin to attract leaders to you.

Just a couple days ago I was talking to a friend about this . . . He started a venture and he made part of the service he rendered complete and open access to him and I quickly advised him to stop. When you do this people stop valuing your time. They abuse it. They make things that shouldn't be personal, personal. And you grey the line between your role as a facilitator to success and a friend.

Let your friends be your friends and your business partners be your business partners and you'll thrive, have more time, be more respected, and create the life this business is really about.

To Learn More, Register Now At http://fastbuyerloans.com

Larry Potter

http://www.youtube.com/watch?v=ObVVfulxlBk

www.ATicketToWealth.com

Saturday, March 28, 2009

Make Constant Improvements

The Japanese principle known as "kaizen" (which means continuous improvement) can be applied to all aspects of life. But it is perhaps best known for the way it's been applied to business.

Some scholars think kaizen is what enabled Japan to go from defeat in World War II to being one of the world's strongest economies. What the Japanese did was commit to continuously improving their manufacturing industries to be more efficient, cost-effective, and productive.

The idea was that everything could always be done better.

I want you to believe that you can always find new and better ways to achieve your goals. If an action is working and bringing the desired results - do it more often. If an action is not working or throwing you off track - do it less often. (Or eliminate it altogether.)

The beauty of goal setting is that it is all about YOU and what you want to achieve. You choose... you act... you monitor your actions... you celebrate and continue refining your actions.

Larry Potter
www.ATicketToWealth.com
http://www.youtube.com/watch?v=ObVVfulxlBk

Thursday, March 26, 2009

Get Revenge on Wall Street's Low-Life Sewer Rats

There's no shame in admitting you were conned by Wall Street... you and about 300 million of your fellow Americans.

All those proper looking men in their fancy Brooks Brothers suits and ties. So classy and dignified and respectable.

But it turns out they were little more than sleazy carnival barkers, shills with one hand shaking yours and the other reaching for your back pocket.

Finally they're being exposed for the lowlife sewer rats they really were.

If you are rethinking your investments... and who isn't... now there's a better way.

Come join 1,000's in a new society we've dubbed the "Home Seller Assist" program.

It's the "Off Wall Street" alternative for independent thinkers looking for respectable gains even in these hard times.

Larry Potter
www.ATicketToWealth.com

Wednesday, March 18, 2009

Past Due Bills of the Deceased

By Jason Holland

The death of a loved one is tough enough. But hearing from debt collectors just weeks after the funeral makes it much worse.

Before you make any promises to "settle" your relative's accounts, whether a cellphone bill or credit card debt, know this: You probably don't have to pay a dime out of your own pocket.
The debt can be paid with the deceased's estate and whatever you have inherited from it. But, although laws vary from state to state, heirs are not usually required to pay off the deceased's bills with their own money.

That doesn't stop collection agencies from asking you to do just that by using carefully worded language. Some even position themselves as helping you with payment plans.
But if you ask them directly, they should admit that you do not have to pay.

(Source: The New York Times)

Larry Potter
www.ATicketToWealth.com

Monday, March 16, 2009

How To Competition Proof Your Business‏

"How do I make sure my business survives long term?"

First off, as far as your network marketing organization is concerned the answer is twofold . . .

First, you want to make sure in all your marketing efforts you're attracting the right type of prospects. A big mistake I see new online network marketers make is they spend too much time following up with dead beat leads when their focus should be on getting more good leads.

If you spend your time attracting great leads you'll not only have an exceedingly easy time recruiting, but more, those you recruit will be true business builders. Not all of them will grow big or fast, but a few true leaders will rise to the top. Until you have real leaders in your downline you can't stop recruiting.

The only reason I've been able to pull back from massive recruiting over the past couple months is because I have real leaders out there looking for other real leaders. When that happens a level of long term stability is created in your business.

Second, you have to have systems in place for your downline that go above and beyond you.

Think of them like family traditions that started generations ago that you and your family still do to this day. It doesn'tmatter who started those traditions or how long ago they were started they still live on.

In your downline, you have to have systems that run with or without you or you'll always be needed in the business.

Of note, you need recruiting systems, retention systems, and duplication systems in place before you can comfortably step away. Once you have this and your downline grows with or without you. Congratulations! You've hit the first level of competition proofing your business.

Next comes you . . . No matter how great your opportunity is you have to understand that you don't own your downline. That means if anything happens to the business, the compensation plan changes or it goes out of business your income is drastically affected. I've seen this happen to the best of them and it's not a pretty site. You need a contingency plan for overall competition proofing your income, and the way you do that is moving from a position of prospect -company - you to prospect - you - company. In other words what you're generally taught to do is get as many people into the business as possible and let duplication take effect,but we've just discussed the risk in that model.

If you change the paradigm of your business from you only introducing your prospect to your business to you introducing and letting your prospect get to know you first and then introducing them to your business now you have more control.

The business goes under and you've still got a direct connection to your prospect that supersedes the business itself. This can be leverage to new downlines in other companies or anything else. This is a skill and a subject your upline won't discuss with you, and to be honest it's something they know nothing about.

They won't discuss it becaus the only way they make money is if you put people under you and they profit for it. So their focus, like any good leader in a company is to keep you focused on the task most important to BOTH you and them. They don't know how to even approach this angle because they most likely only think in traditional terms and have been taught the old way of network marketing. They live in a high risk world and may or may not know it.

You're different. You know the truth, by just following this email. I've done both. I've got a large and thriving downline and I've got a direct connection to my prospects and that's the position you want to sit in if you want to win long term.

The only place to learn the dirty truth about really competition proofing your business is who lives it. Go here now, take action on what you see, and let's get you on the road to complete and total competition proofing your business for good.


Larry Potter
www.ATicketToWealth.com

Thursday, March 12, 2009

Tobacco Road?

How much should you pay for a property?

Here are some general guidelines:

Become intimately familiar with the property value - preferably through a certified appraisal

Make a determination of what you will do with a property in advance of making an offer. (For example, if the mortgage payments on a rental property will be too high to cash flow if you pay $300,000 for a property, then you know you $300,000 is more than the property can afford.)

When making a property offer, always offer less than you are willing to pay in the beginning of the negotiation

If your exit strategy will involve flipping or resale to a third party at some time in the future, make sure that the price you pay leaves room to offer the third party a price that will make the deal attractive

Larry Potter
www.ATicketToWealth.com