With regards to thinking like a millionaire entrepreneur, you need to be thinking about making connections and collaborations with others to motivate activity for your business. Often businesses are only focused on what is in it for me. You have probably heard of the saying "People like the radio station WIIIFM - What is in it for me!" Of course, I would like you to always be thinking about what is in it for you. However, the error is the fact that business owners do not think about what is in it for others which will benefit themselves as well as the other business owners. Business is more than putting up a sign in front of a store. Business is engaging others and drawing them into your business via multiple means.
Allow me to give the example of a pizza shop. For those who have a pizza shop, you should not be in the back making the boxes. I always say hire someone to perform the mediocre jobs that somebody else can do so that you can concentrate on making money for your business. Instead, concentrate on how to generate more traffic in your store or orders of your products. Therefore, you could be doing these top things to improve your business. These tips below are what could start you on your way to thinking like a millionaire entrepreneur.
You should be cutting deals with the video store that could be over the parking area.
Nine from ten times when someone rents a video, they want to consume pizza using the video. Additionally, nine times out of ten, you ought to be giving coupons for the video store because they probably want to rent a movie while eating pizza. You are not competing with each other's businesses. You complement each other. When you begin using the framework and also the mindset of creating decisions from where you want to be, not where you currently are, you start to shift how you act. You start to shift the way you think.
Instead of thinking, "Oh, I've reached put these pizza boxes together" when it comes to the pizza shop, you begin thinking "who can I cross market and cross promote with where we don't compete, but we compliment?" That's thinking just like a millionaire entrepreneur. That's making a decision from a host to where you want to be because you are strategically attempting to cut deals that lift up your revenue.
That's my whole point. You can't be thinking and making decisions from where you are at this time. It's the "Act As If" principle. You have to have it before you will have it. This principle will lead you into thinking of ideas like the one I proposed for the pizza shop owner. Once you consider one marketing idea, then build upon those ideas to produce other marketing opportunities. Start jotting down a summary of other businesses that may bring about your marketing campaign who stand to benefit from your customers.
Allow me to give the example of a pizza shop. For those who have a pizza shop, you should not be in the back making the boxes. I always say hire someone to perform the mediocre jobs that somebody else can do so that you can concentrate on making money for your business. Instead, concentrate on how to generate more traffic in your store or orders of your products. Therefore, you could be doing these top things to improve your business. These tips below are what could start you on your way to thinking like a millionaire entrepreneur.
You should be cutting deals with the video store that could be over the parking area.
Nine from ten times when someone rents a video, they want to consume pizza using the video. Additionally, nine times out of ten, you ought to be giving coupons for the video store because they probably want to rent a movie while eating pizza. You are not competing with each other's businesses. You complement each other. When you begin using the framework and also the mindset of creating decisions from where you want to be, not where you currently are, you start to shift how you act. You start to shift the way you think.
Instead of thinking, "Oh, I've reached put these pizza boxes together" when it comes to the pizza shop, you begin thinking "who can I cross market and cross promote with where we don't compete, but we compliment?" That's thinking just like a millionaire entrepreneur. That's making a decision from a host to where you want to be because you are strategically attempting to cut deals that lift up your revenue.
That's my whole point. You can't be thinking and making decisions from where you are at this time. It's the "Act As If" principle. You have to have it before you will have it. This principle will lead you into thinking of ideas like the one I proposed for the pizza shop owner. Once you consider one marketing idea, then build upon those ideas to produce other marketing opportunities. Start jotting down a summary of other businesses that may bring about your marketing campaign who stand to benefit from your customers.
About the Author:
James Malinchak, Featured on ABC's Hit Tv Show Secret Millionaire, is recognized as by many people industry experts as the World's #1 Big Money Speaker Coach and Trainer. For Absolutely free Video Trainings concerning how to receive money to speak and the way to be a public speaking tips, have a look at www.BigMoneySpeaker.com.
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