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The Most expensive things in the world…

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A few years ago I was sitting with Frank Maguire, one of the co-founders of FedEx and he asked me a question. His questions was simple, “What is the most expensive thing in the world?” 

The reason this question is important in for entrepreneurs and building wealth is because I have found as important as it is to do the right thing, there are equally dangerous things that you can do that will rob you of becoming wealthy and productivity. Naturally Frank’s question has led to some serious thought over the years. As I have thought about this question I have decided that there is a relatively important list of things that become expensive that most people never think about and that list exposes us to things that cost us money, keep us from making money and most important cost us time. 

I call this list the “most expensive things list”. I invite you to consider the things here and how your current involvement with these things might be costing you money and opportunity.

  1. Excuses – Excuses are essentially lies we tell ourselves to keep us from being accountable. We lie to ourselves to remove responsibility but in the process we also remove our results. Success in creating wealth means that we sometimes have to put ourselves on the line and make things happen even when it requires us to become uncomfortable. The wealthiest people I know find a way while those who are broke stop at finding an excuse.
  1. Bad advice from broke people – It has been said that where you get your advice will determine where you get to wind up in life. The problem that I have observed over the years is that too many people stay broke because they simply get bad advice from other broke people. Sure those people may be trying to help, they almost always have good intentions, but they are just as broke as you are. It’s like a drowning person trying to teach you how to swim. It doesn’t make much sense does it? 
  1. Setting low personal standards – Your standards begin with what you believe you are entitled to and what you’re worthy of. As I have taught wealth strategies around the world it is very common to see people who believe that the most basic wealth strategies are sound and will work – but that they quickly suggest that they will work for other people and not for themselves. It’s almost like they believe that they have some kind of curse that will keep them broke and in poverty. Nothing could be further from the truth. Money itself doesn’t care. If you follow the patterns that create wealth you will become wealthy. There is no luck involved. Raise your standards in terms of what you are willing to do, who you are willing to learn from, what you feel you are worth and how much effort you will put in and you can’t help but see results.
  2. Ego – Most people stay broke because they feel like they already have all the answers. As one of my mentors put it to me when I was a young and smart-alec teenager, “You can be rich or you can be right. You can’t be both.” He then pointed out that if I was determined to hold onto my ego I would get to keep everything that went along with it. That meant everything my ego had created I would get to keep no more. My financial situation was based on my understanding at that point and so if I chose to stay the same my situation would stay the same. Ego is one of the greatest enemies of success.  Choosing to be rich starts with choosing to be teachable.
  1. Procrastination or hesitation – Procrastination is putting on hold something that you know you should do and it has never created wealth or success. If you know what you want you must do it. You must seize opportunities you are seeking. I have seen many many circumstances where deals have gone to the fastest person to say yes. If something is a good deal and a good opportunity chances are very good that others are rushing for the same deal. Don’t miss out because you hesitate. There’s a reason why not everyone is wealthy – and that’s that there are often a scarcity of opportunities.  I also believe the universe is like an echo chamber. If you show up with hesitation everything will show up for you with the same hesitation. If you show up with boldness everything in your life will show up the same way. After having spent time with some of the most wealthy people in the world it has been evident to me that not one of them is a procrastinator. When opportunities show up they move quickly even if they don’t have all the answers.  Another important thought on procrastination. How many wish they would have started buying properties for example when you were in your late teens? So why did you wait? Why are you waiting now?  There is a Chinese proverb that says the best time to plant a tree was 20 years ago and right now. You may not be able to go back in time to plant the tree but if you don’t do something today you are creating exactly the same kind of regret. One of the properties I bought early in life I paid $55,000 for. This was in the mid-1990s. Today that property is worth around $359,000. I also have wishes and my wish is that I would’ve bought more. You are always going to experience this – but getting started today with what you can do today will at least get rid of a few of these big regrets.
  1. Lack of clarity — perhaps this point is linked closely to the concept of avoiding procrastination. When you lack clarity of purpose or an understanding of how your money will be made you can’t become skilled enough to quickly evaluate opportunities. As a result you miss a lot of opportunities which slows down your ability to make progress and build your wealth. Once you identify your strongest opportunities for creating wealth you must learn ahead of time what you need to do to be able to be prepared for those opportunities when they arrive.
  1. Poor influences – You’ve heard it said that your network equals your net worth. This is certainly true. Not only does this reflect in the people you learn from but even more so about the what people around you expect out of life. If you are surrounded by people with low expectations you won’t create much. If you are in a community of people that are striving to create wealth and excited about it you will do the same.  Like attracts like. If you want to be on fire you best be a log in the fire rather than a spark off in the distance alone trying to stay hot. 
  1. Crappy trades/patterns – Wealth is created primarily through the accumulation of good trades. Most obviously when we acquire an asset that generates cashflow or capital gains that’s a good deal. But these trades start at a more basic level than assets. They start even with the trades of how we prioritize our day and utilize our time. When you allow trivial things to take over your day in exchange for powerful things you don’t create powerful things. Make better trades in all areas of your life. And let’s be honest one of the things that people want is wealth for free. You can’t have it for free. You will have to buy something. You can never save your way to wealth. You can only do it through smart purchases. For example, you can’t collect the rent on a property you don’t buy. You can’t get a dividend on an investment you did buy. You must learn to make smart purchases and trades and that is the only option.
  1. Being a solopreneur – Wealth is a team sport. If you try to do it alone relying on just your own knowledge, money, time, opportunities and expertise you will soon find limitations. You only have so much time, energy, know how and money. Think about the most obvious example of real estate. If you want to acquire a property to start producing cashflow with you will be waiting a long time if you try to pay for it by yourself. You will have to save the entire purchase price of the property and closing cost. Certainly the property will be gone by that time. You must learn and use the principle of leverage if you are going to be successful. You can’t win the gain of wealth playing by yourself.
  1. Lack of know how – This means education. You can only earn what you learn. You can’t implement what you don’t understand. No meet how willing you are to succeed you will never create success unless you add to that willingness a correct understanding of what you need to do. Correct actions not dreams create results. 

And lastly as a bonus thought one of the most expensive obstacles to wealth are the stories that people tell themselves that keep them broke. Perhaps this can be an expansion on the first point of excuses. That’s really what stories are. You can’t tell yourself stories about why you aren’t good enough, why something won’t work or why you can’t participate. If you are committed to becoming wealthy you have got to make a clear decision that this is what you will do.

Follow me for more @dougvermeeren or Douglasvermeeren on Instagram.

What do you value? Personal Power Mastery Minute by Douglas Vermeeren

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As people it is our human nature to select the activities and habits in our life to lead with our highest values. One of the disappointments that we create for ourselves is that we try to fool ourselves into chasing and pursuing things that don’t matter to us at deepest levels. We often pursue the wrong things because we take messages from those around us or the media as to what we are told we should enjoy and appreciate. Authenticity to our highest values will create results and happiness. This can be seen in immediate gratification choices too. People grab what they think they want in the short term rather than what they really value in the long term. #douglasvermeeren #ppm #personalpowermastery #success #goalsetting #personaldevelopmentDouglas Vermeren Personal Power MAstery 189

Wealth secrets that often forgotten – 3

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As I was writing on my newest book this morning on Wealth and Abundance I was thinking about something interesting one of my mentors told me once. I said to him, “I wanna be rich one day.” He said, “Thinking like that you’ll never get there.” I was really surprised I thought what I said was correct. He said, “It’s not committed enough try again.”

I then said, ” I am Going to be rich. And I am willing to do whatever it takes.”
Again he shook his head, “Not committed enough.” Frustrated I said, “Okay what’s better than that.”

He said, “I am rich and this is what I am doing right now.”

It was a profound lesson for me. True story.

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douglas-vermeeren-600Douglas Vermeeren is the CEO of the Millionaire Training Systems. He teaches wealth strategies and mindset. Unlike most wealth coaches and teachers in the market today Douglas Vermeeren actually makes money in the real world and not just through the sale of seminars or personal improvement products. He is the author of the book Guerrilla Millionaire, Millionaire wisdom and several other books on money strategies that build wealth in today’s marketplace. He is also known for his extensive research into the lives of many of the elite and wealthy of today. http://www.DouglasVermeeren.com

Why does everyone want to be a speaker or coach? The harshest and perhaps meanest post I have ever written. By Douglas Vermeeren, The Speaking Business Multiplier

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Why is it that everyone wants to be a speaker or a coach? Do they think they really have something to teach or are they thinking its an easy ride? And if they have something to teach today are they really committed to step up and put in the effort to make themselves valuable long term. In my more than a decade as a professional and profitable speaker I’ve seen lots of successes and miserable failures from people that felt they wanted to be speakers. One of the biggest challenges that the failures all had is they thought they were ready to teach and were not. Or they became inspired by someone else and tried to duplicate that person in terms of personality or teaching. A common example of this has been seen by all (you’ve seen it too) where someone read the secret and thought they knew enough to teach it or where someone felt the power of Tony Robbins and then tried to imitate Tony. 15-motivational-quotes-from-tony-robbins-620x355A feeling of inspiration is not necessarily an invitation to duplicate. If you are going to be successful in this business the first thing you need to realize is that your success will be found only as you find your individual and unique voice. Impersonators, imitators and plagiarists never rise higher than the pioneer. You have got to be an original.

Having said that the other important thing about being an original means being valuable. You need to solve real problems and have real solutions. You also need to add to the conversation. In order to add to the conversation you need to know the conversation and understand it well. It’s not enough to read one or two books or what a movie or youtube video and think you are an expert. I recommend to my students that they need to study their subject matter at least one hour per day. No Holidays.  I know of top professional speakers that are spending far more than that. If you want to be an expert you’ve got to know what everyone is saying and develop your own unique points of view on the subject. This is a full time job people. Yesterday I spoke with a husband and wife couple and the husband wants to be a speaker or coach. He has achieved no real great success in his life but feels he has something to teach others. In addition, he has spent lots of the family money pursuing other interests and trying a variety of business that have all reached minimal levels of either success or failure. If you are int he same position and considering that you want to be a speaker or leader to others. The first thing I am going to say is reconsider. You really aren’t ready. But if you must persist before you spend the money and effort to come and play with us let’s see if you can actually consistently put in an hour into your subject each day for a month. If you can’t do it – we don’t want you to come and share the stage with those of us that do this for a living. You are not committed enough and you’re getting in our way. You are also doing a disservice to your audience. They deserve better than someone who is there from an ego point of view or to make a quick buck.

Maybe this is the harshest rant I’ve ever published but it is not uncommon for this industry to attract people who feel that speaking is just a matter of talking and sharing personal stories. People expect more and there’s no need for you to waste everyones time. I recently read an article on how trust levels for speakers, coaches and gurus are losing a lot of ground in the marketplace when it comes to credibility and trust. I believe the reason why is that there are too many people out there who don’t really have any value. If you are considering this as a career take a careful look at what you really offer. And if you find yourself lacking either own it and fix it or find something else to do.

Recently I was at an event where a lady approached me after I spoke and told me of her aspirations to be a life coach. It didn’t take long to understand that her personal life was a mess, her financial life was on the verge of collapse, her relationships were very messy and she had substance abuse challenges. I don’t understand where people like this can even consider life coaching. the role of coach must be very misunderstood. Your responsibility is to lead people to higher ground. It would seem that anyone she would encounter as potential coaching clients would generally be in a better position that she would be. Unreal.

I want to dispel the rumours that this is an easy job. Like anything else there highs and lows. There are moments that are easy and days where the woe is hard. You can’t just have the happy moments you have got to be willing to put in the efforts as well. If you ultimately choice to be a speaker (And I haven’t discouraged you) then by all means do it – but get committed to being the best you can be. Don’t settle to just do the job. Become an expert and a source people can trust and have confidence in. And strive everyday to become better. If you teach personal development or self improvement practice it damn it.

End rant.

douglas-vermeeren-600Are you ready to level up your speaking business? You’ve come to the right place. Douglas Vermeeren is The Speaking Business Multipier. He is considered by many to be the modern day Napoleon Hill for his extensive research into the lives and psychology of more than 400 of the world’s top achievers. 

Vermeeren is the author of 3 books in the Guerrilla marketing series and one in the Dummies book series. He is also the creator of the personal development films The Opus, The Gratitude Experiment and The Treasure Map. He is a regular featured expert on FOX, FOX Business, CNN, ABC, NBC, CTV, CBC and others.

As a speaker he earned more than 1.3 Million dollars in his first six months as a speaker. He currently teaches speakers how to duplicate his level of success in a top rated program called High Profit Speaker.

http://www.DouglasVermeeren.com

 

 

Personal Power Mastery is Coming to FLORIDA!

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PPM logoGet your free tickets for Douglas Vermeeren’s Personal Power Mastery by clicking here! Personal Power Mastery in Florida! Get your free tickets now! http://biztobiznetworking.com/seminar-schedule-sept14th/

You can’t afford to miss out!

Personal Power Mastery is a top rated course designed to help individuals unlock their best self.

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Some of the empowering strategies that participants are introduced to include:

Finding what you really want out of life, business and relationships
Make better choices that give you what you really want
How to become a leader to yourself
Making changes to make the most of your life
Tap into the mindset of mastery
Rising to the standards of excellence
Break down the habits in your life that aren’t working
How to use your emotions to create the results you want
The power of the reactive/proactivity paradigm
Making decisions that lead you to your greatest self
Recognizing your brilliance and igniting your best self
Discovering what you value most and what will be most valuable to you
How to recognize what’s most important in life and putting first things first
How to overcome the 2 main obstacles that stop most people from living the life they really want
Why getting momentum is more important than motivation
How to increase the probability that you will be successful
Breakthrough obstacles that are keeping you stuck
Understand and overcome fears that are robbing you of your best self
Beat procrastination once and for all
identify your strengths and take them to a higher level
Dial into the frequency of success
Open up the doors to your most important dreams
Recognize who you really could be

This material has been developed through Douglas Vermeeren’s extensive research into more than 400 of the worlds top achievers. It is calculated to help you transform your life and situation from where you are to the life that you dream about. With Personal Power Mastery you will be armed with tools to make the changes you really want and be programmed for high levels of success. Your best self is ready to meet you. Now is your time!

For more information on this program please call 1-877-393-9496 or email Rachel Dobson rachel@douglasvermeeren.com

 

 

 

Douglas Vermeeren – Finding Mentors

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The Importance of reading Great Books!

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The importance of reading great books!
By Douglas Vermeeren

Often people ask me what’s the one single thing that they could do to elevate their mindset, inject new and effective ideas into their business and increase their ability to get to their most important goals. The answer is really simple read more great books.

As I interviewed and conducted research into more than 400 of the worlds top achievers one of the biggest common attributes among them was that they were avid readers of great books. They recognized the importance of learning and made every effort to do so. I want to clarify that it wasn’t just a matter of reading anything – they specifically chose good books that would lift them higher. As every moment of your day is precious you must also chose your reading the same way.

I need to clarify I am not against reading for entertainment. There are some amazing and brilliant stories. But the kind of reading I am talking about is what I saw first hand develop people into leaders. The sections at the bookstore that they frequent most are business, self-help, economics and biography. I have tried to do the same. What you fill your mind with most determines what you will think about most. What you think about most determines what you feel about and decide to take action on. When you fill your mind with powerful strategies you are no longer acting haphazardly to create results. You actually have strategies that work and will get you what you are looking for.

The bottom line is that if you don’t know how to do a thing you can learn it from books.

A second highly valuable side effect of reading books from the best minds available is that in a sense they become your teachers, mentors and even peers. You may heard it said that you become like those you spend time with. Each page you spend in a book with an expert gives you a deeper relationship with them. Their thoughts become synergized with yours and new results are created altogether.

In conducting my interviews with the worlds top achievers I tried to read books these individuals had written before I met them. This also gave me great insight into what I need to learn from them when we had a chance to spend face to face time in real life. Many of the success strategies they had written about in their books I was able to learn even deeper when I saw how they implemented the strategy in real life.

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Books also have a power and magic that videos and audios can’t capture. The learning style of reading is altogether different than just watching a video or learning. Watching and learning have great merit as well. But in a book a reader can progress at their own pace, take notes, annotate and allow the physical written word to imprint in their mind. Studies have demonstrated that the power of recall is often more powerful with information that is read versus information that is watched or heard.

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Reading also allows you to pick up the pace when learning. You can progress at whatever speed you choose and you can even jump to things that you want to learn immediately. When I first started in personal development I tried to get my hands on and red everything I could get my hands on. In the short space of three months I once read just over 100 books. That was a little over one a day. I started early in the day and read through the day every chance I got and then read into the night. It was a push to do it and I certainly don’t run at that pace now. In fact, instead of trying to get through books quickly I have actually tried the reverse. I go slow and aim not for page count but for pay understanding. Recently I even decided to read a book three times in a row before putting it back on the book shelf. Speed isn’t the goal. Comprehension and implementation is.

As I mentioned reading great books was a common attribute of all the top achievers I encountered and that fact alone should convince you to get reading more. What you learn determines what you can earn. And great books are the best place to start.
DV Photo 1Douglas Vermeeren – Are you ready to level up? You’ve come to the right place. Douglas Vermeeren is considered one of the top leaders in personal development and achievement psychology. He is considered by many to be the modern day Napoleon Hill for his extensive research into the lives and psychology of more than 400 of the world’s top achievers. Douglas Vermeeren is the creator of The Personal Power Mastery program which helps you unlock your most powerful self and created positive changes in your life.

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http://www.DouglasVermeeren.com http://www.PersonalPowerMasteryEvent.com http://www.PersonalPowerMasterySchoolPrograms.com