In this video you’ll find that I’m very candid with you. If you want to make more money, there is work involved. If you’re only interested in “get rich quick schemes” you might as well close your browser window right now. I’m going to talk to you about what will help you and what won’t help you at all.
Here are the concerns so many of you have expressed:
- No startup or investment capital
- No experience
- No time
- No money to pay for the team that you (I) always talk about
The biggest obstacle was the lack of capital. Let me tell you, that’s no reason to hold yourself back. I’ve started multi-million dollar businesses with zero dollars! You can too.Here is the link to the video
Here are my Notes: (Draft1)
Whats your story?
don't have any capital, experience, time, money to pay for the team
when you get a team you can get your time back
go through an analyse your story
Loral's story for a long time was:
- you have to work really hard for money
- don't ask for it because we cant afford it
- we all have a story, what do you believe
- I want more money > I am going to do the right things at the right time and i'm going to active my life in a way with the right people around me. Then its going to start coming in.
- There are loads of cash "sitting at your feet"
- Industrial Age Model - get a job for 30 yrs, do your job and you will be looked after when u retire.
- What choices are you making to put more cash in your pocket?
- with every crisis comes an extraordinary opportunity
- budgets are like diets, restrictive focusing on lack. yes you need to monitor your spending and plan it.
"if i want something, i am going to create the cash to get it"get a bunch of team mates that are smart and have expertise in this area.
start saying yes to everything you want in your life and then figure out how to get it.
-most people think about how to get it, but not saying YES to a thing! - that lack of commitment is not getting you anywhere.
The mentality of "live debt free, live in a restricted life" - does NOT WORK - its a very old psychology/methodology.
Loral's methodology is: if you want a bigger life we are going to create one.
as you make money - put some money back into your cash machine
put some back into investments (share, business, franchises, real estate) - don't just "park and hold"
get compounding to work for you
expanding, creating, generating
How are you going to do this?
be committed, say YES
Figuring out how - someone has already dont it!
u are already being paid to do something
This isn't about casually doing it, this is about saying I DESERVE IT, I WANT IT and NOW is the greatest time.
Start by doing something that doesn't require you to learn anything new.
we are conditioned to be worker bees
if u want fast cash - become an entrepreneur
learn finance, marketing, selling, leadership skills
Think about all the things you can do - someone is already doing it and charging for it.
Loral also said one of the biggest problems with women (however i think it apply to men just as much)
is that you are not charging what you are worth
we all have 24hrs in a day
have a procrastination free life
if you dont want to do it, hire someone else to do it
what is the fastest path to cash?
if you knew how to make money writing (or doing what you do) would you continue to do it?
you just need to fix / learn how to make money doing it
Homework
what are you going to do - to put more cash in your pocket?
get highly productive and monetise
get to the playing field
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