What Can a ‘Shark Tank’ Teach You?

I just watched several episodes of the show ‘Shark Tank’ and jumped to the computer to write about it because there are so many things it can teach you!

If you don’t know what ‘Shark Tank’ is, it’s a new show that has 5 big entrepreneurs who built their respective businesses from nothing to multiple millions (and sometimes billions) of dollars and are now looking to invest in other businesses.

During the hour long show, smaller entrepreneurs present their business or business idea to the ‘Sharks’ in hopes that they bid on their business and give them money to use as capital in exchange for a percentage of the business.

Whether you like the show and the concept or not, there are SO many things to learn from watching these entrepreneurs present their ideas and negotiate…

Watch the show just once and you will have a perfect display of how most people get in their own way…

Here are the top 3 ways I watched people with viable businesses get in their own way and kiss opportunity goodbye…

1. They aren’t clear on their desired outcome:

Person after person walks in and you can tell that they aren’t clear on what they really want from the situation.  They go in with an offer and when the Sharks make a counter offer they have no idea how to handle it BECAUSE they didn’t decide before they walked in the room what was MOST IMPORTANT to them.

TIP: When you walk into any negotiation or start a business or do ANYTHING you MUST know what your MUSTS are. What are your deal breakers?  What do you want this to ultimately look like?

2. They haven’t done their research to see if there is a need:

There were some ideas that seemed great in concept, but when asked to back up that there is a need in the marketplace for this product, 2 out of 4 had no idea and were going off the instinct that people would want their product because it was such a great idea.

TIP: BEFORE you invest money in an idea you have to invest TIME to establish if there is a need or desire for your product.  Who is your primary audience?  What problems do they have? Will your idea solve that problem? Is there a way you can make your idea solve their problem better or faster or cheaper than someone else?

3. They got STUCK in research:

The opposite of NO research is getting STUCK in research. These are the people that are so busy researching and planning and getting it perfect that they never actually take steps to move forward toward making it happen.

TIP: Once you take some time (it shouldn’t take a huge amount of time) to establish a need for what you have to offer, GET IT OUT THERE, take an order, bring on a client do whatever you have to do to start.  The best learning ground is in the marketplace.  I promise you that you will discover how to improve your solution by having it out there and getting feedback.

These are the top 3 things I saw, but there were so many examples of how we get in our own way that I couldn’t possibly write them all.

What are some ways that you KNOW you get in your own way?  Leave me a comment and let me know!

Go Big!

Kristen

Are You Ready to Follow Your Instincts?

Have you ever had a situation or relationship or opportunity that looked like the thing…smelled like the thing…walked like it…talked like it…everything about it literally reeked of being the THING…

BUT

In the pit of your stomach you knew it wasn’t?

And you have absolutely no rational justification to walk away from whatever (or whomever) it is.

And you are left with a feeling of ‘eating away at you dread’ if you walk toward whatever (or whomever) it is.

This happens with everything from money making opportunities, relationships, career moves etc.

When this happens your mind starts loudly arguing equally for 2 points…one side of your brain shouts, ‘WALK AWAY…you know it’s not the THING and if you go toward it you’ll end up finding out at some
point and you’ll have to run screaming into the hills…leaving only a dust cloud behind. Why waste your time?’

You are tempted by this side…because it has a point and knows you well.

BUT

The other side of you head whispers 4 words over and over and over and over and over…

‘What if you’re wrong? What if you’re wrong? What if you’re wrong? What if you’re wrong? What if you’re wrong?’

You are equally as tempted by this argument because if you are human one of your deepest fears is that you’ll miss something.

So what do you do?

Well, in my life, there have been times where I have gone with both arguments…

BUT

When I think back to those times when that pit has been in my stomach…

The final outcome has always been that my instinct was right…

So, the question I have for you is…

When you think back…has your gut or your head ultimately been right?

How can you use that to listen to your instincts and take inspired action in your life now?

Leave me a comment and let me know your story!

Go Big!

Kristen

Can You Really Make Money from Your Purpose?

You’ve made it through a bunch of exercises designed to help you find your purpose AND now it’s time to discover how you can attract money with your purpose.

If you haven’t done the exercises yet, follow the links below to do them before you continue with this post. I can’t stress enough that reading isn’t enough.

The Law of Attraction Key is to take Inspired Action.

You can attract all the money, success and happiness you desire even in this failing economy, but in order to attract what you want, you MUST take inspired action.

Here are the links for you to catch up with the exercises, once you do that, I’ll be right here for you to continue on your journey:

Answer the ‘Find Your Purpose’ Questions

Create Your ‘Purpose List’

Do the ‘Purpose Brainstorm’

Okay, now you’ve gone through the exercises and it’s time to discover which of the, ways to attract money with your purpose, get you most excited…

Look at your ‘Purpose Brainstorm’ List and, quickly and without thinking too hard (I want you to go off your instinct on this) rate them in order of excitement. 1 is MOST exciting and then go on from there to least exciting.

A word of caution here…

I guarantee you the word IMPOSSIBLE is about to pop into your head.

I’m not asking you to rate these in terms of what seems MOST POSSIBLE…I want you to rate them in terms of what is MOST EXCITING.

I don’t care if you think it’s possible or not…

IN FACT, often the thing on the list that is most exciting to you will also seem the most impossible. GOOD!

What? How can that be good?

We can get you to attract what seems to be impossible IF and ONLY IF it excites you enough!

Ok…

Next step in attracting money by living your purpose is to look at the top 3 things on your list. For each one of the top 3 things, I want you to write down EXACTLY what excites you about this.

To do this, you will have to PRETEND it seems possible. So these are the questions you need to ask yourself for each of the top 3 things on your list.

1. If this was possible, what are all of the things that excite me about it?
2. If this was possible, what are the things that don’t excite me about it?
3. What kind of person would I have to be for this to be possible? What or who would I need to know? What would I need to believe? Etc.

Do that for ALL 3 of the top 3 on your ‘Money from your Purpose’ List…

And then, just like last time, don’t judge it…don’t decide if it is or isn’t possible, put it away in a drawer until our next post.

Before my next post, I want you to go read the free report I put up over the weekend as it will really prime you for what we are doing next time.

Let me know how you are doing with this…

Leave me comments and questions, I will answer you…

Accountability is key and that’s what I’m here for!

Go Big!

Kristen

Inspired Action in an hour or less

It’s Saturday!

Most people look at the weekend as a time to escape from their lives (something I’ll address at a different time)…

I want you to look at it as a time to take Inspired Action and step into the life you desire and want to create!

I’ve said it 8 million times and I’ll say it again…

If you want the Law of Attraction to work for you instead of against you, you MUST take Inspired Action!

Now here’s the deal, most people look at the things they are dissatisfied with and they do one of 2 things:

1. Ignore it (Bad Idea)

2. Try to FORCE it to change by taking action (EVEN WORSE Idea)

I know I said for the Law of Attraction to work for you Inspired Action must be taken…just make sure it is Inspired Action and not just ANY action.

If you are trying to force something to change or ‘think’ your way out of something you can chalk that up to ‘Just any action’.

When you feel an instinct to do something THAT is Inspired Action.

Here are the tricky things about Inspired Action…

• Inspired Action doesn’t always seem completely practical
• Inspired Action will often make you push your comfort zone

I want to give you a trick…

A way for you to take Inspired Action EVERY DAY…

Yes, I said it, I want you to take Inspired Action every day, EVEN ON THE WEEKEND!

If you are serious about designing your life instead of living it by default, then the weekend can be a time for fun and doing the things on your purpose list (check out the posts from earlier this week if you haven’t written your purpose list yet).  The weekend can be a time for increased attention to creating the life you desire.

I want you to imagine taking 1 step (just 1) of Inspired Action every single day…

How different will your life be a year from now?

What about a month from now?

Or even by the end of the day?

Are you getting excited yet?

The best part is that you can do this 1 step of Inspired Action at a time!

Here’s the trick to help you…

Every day (even on the weekends) I want you to look at your current primary goal (target) and ask yourself this one question:

‘What 1 step can I take today, that even if it pushes my comfort zone, I KNOW will take me 1 step closer to ————– (fill in your goal here)?’

Now here’s the key to this trick…

1. It has to be 1 step and 1 step ONLY of Inspired Action

(Call Jimmy to talk about our Joint Venture is 1 step, Get new website up is multiple steps.)

2. You HAVE TO TAKE THE INSPIRED ACTION!

The cool part is that most of the time the step of Inspired Action will take less than an hour and will move you forward more than 10 hours of JUST ANY ACTION.

Seriously, 1 inspired action phone call will normally change your life faster than 10 hours of organizing your office.

If you can actually change your life in 1 step of Inspired Action a day and in 1 hour or less a day, when is the best time to take the first step?

Now or NOW?

Go Big!

3 Steps to Attract Money Fast (Part 1)

Right now, most people are flying through their lives feeling the need to attract money fast. There is panic in the air, people feel like they are drowning and have nothing to hold onto.

Are you one of these people? If so, you are certainly not alone…

Believe me, there is a way out…

In fact there are 3 steps to attract money fast…

BUT I’ll tell you now; these 3 steps will probably go against all of the instincts you have.

Let me explain…

When you feel like you need to attract money fast, you are normally in a state of panic, it could be a very small state of panic, it could be overwhelming, but if you feel like you need something fast there is urgency.

When you feel urgent, the instinct is to push and try to make things happen or figure things out. When most people feel like they need to attract money fast the 3 steps they try to use are what I call the 3 C’s:

1. Complain
2. Cut Off
3. Constrict & Conserve

1. COMPLAIN:

Imagine this, a guy goes into work and gets laid off from the job he was certain he would have until he retired. Panic sets in and I guarantee you, the first thing he does is start complaining, about his boss, the injustice, the economy, the president, the guy that he thinks pushed him out etc. etc. etc.

2. CUT OFF:

Then what does he do? He gets angry, his ego is bruised, he needs to figure out how he is going to take care of himself and his family and he immediately cuts off and closes off and withdraws into himself. If anyone tries to talk to him he probably shuts them out, doesn’t pay attention or gets annoyed.

3. CONSTRICT & CONSERVE:

The last step is the kicker, he is so focused on his new ‘lack of money and need to make money fast’ that he starts to think of all the ways he can protect himself, cancel cable, never go out, eat out, go shopping, see friends etc. etc. etc. He completely constricts himself and starts conserving…he literally goes into ‘Starvation Mode’ for money.

This process seems completely natural right? I mean he has himself and his family to protect so he better buckle down, cut his losses, crawl into his cave and figure out how he can fix this and force it to be better…

RIGHT?

WRONG!!

The 3 C’s only serve to make the situation worse…Are the 3 C’s completely natural? YES…but will they serve to help you out of your situation quickly? NO…

The 3 Steps to Attract Money Fast require you to step out of your comfort zone and go against survival instinct. The 3 Steps to Attract Money Fast are what I call the 3 G’s.

These 3 Steps may sound ‘Woo Woo’ and even completely ridiculous. All I can do is give you these 3 steps and ask you to try them and give them an honest shot the next time you need to attract money or anything fast.

If the 3 C’s have been working for you, by all means, stick with them…but if they haven’t then the 3 G’s are worth a try don’t you think?

We’ll get into the 3 G’s next post…make sure you come check it out!

Go Big!

Kristen

P.S. If you are really ready to Go Big this year, I want to help
you — risk free — http://www.gobigcoach.com