Billionaires use Attraction Marketing

Level 0- Employee= Earn= Doing, looking good going nowhere

5 beliefs
1. Poor- stuff is more important then wealth (people to money to wealth to stuff)
2. Income= wealth (grades don't determine wealth)
3. More intelligence, experience, skills = wealth (entrepreneur +courage, take action, leadership, vision, trust, positive)
4. Security of steady paycheck
5. I don't know enough to (be an expert) start my own business

Trust in you, learning on job, make mistakes, just do it
Job is to teach you lessons, pay is secondary

Me: A lot of people decide to stay at this level for various reasons and it is what makes the world of business. I know I want out of this level.

Level 1-Self employed= make =to bring into existence especially by effort

Self=a person's nature or special quality
Employed= give work for payment

Mind set of level 1 -You decide to work for yourself, Trust no one but themselves, In control

Key change in mind set-
1. Setup a company with the end in mind (the Why), 'start it knowing that what you are doing is creating something that will work without you'
2. Create a vision to inspire, enroll
3. Your skills, level of work, passion or determination = income level

He explains 9 reasons to be self employed that are very well explained in the book.

Set BIG GOALS
Points: vision, identity, goals, position chart, position statement, key performance indicators, recruitment system

Me: A lot of people start a home business at this level. There is defiantly on the job training, gaining knowledge, and making ends meet. I have been here for a few years and I'm ready to move to the next level with my team. It is a team effort as he explains throughout the rest of the levels.

Problems:
1. people who quit business or job too early is because they see $ sign
2. Business is how much money you make not the number people you employ
3. More money does not mean more successful
4. Managers hire people they can control not lead
5. Manager is in control of staff not leading a team

These are examples of ego over riding brain power, common sense, and logic.

Profit determines a successful company not revenue.
'Smart people in the world hire people smarter than themselves' I could not confirm Henry Ford said this.

Belief: I just can't get great people
Solution: become a great leader, you will get great people, great business creates attraction

We are taught hard work = big reward; problem is we are never taught what type of work to work the hardest at
'Thinking is the hardest work that is why so few engage in it'- Einstein

First business is work because you are learning along the way to learn team building.
Systems should run a business; people should run systems- www.actionplanning.tv
You will learn about relationships cash flow, supplies, resource allocation, quick decision making

Responsibility is your results or action
Accountability is the team results or action

Running in circles at this level is ok if you are learning

Me: The above few statements sum up this level. You are working hard long hours to build a team and money that is residual. Business knowledge is a huge learning curve that you are putting into practice to be a great leader. Once a great leader the great people will follow and this is what attraction marketing is all about.

Level 3- Owner or Leader- duplication

Key points:
1. Requires mind set to change especially about money- few people reach this level because most are by accident and many stay here to feel wanted
2. Learn to let go- if business is not growing then its dying. Analogy is like a tree.
3. You have a good system, a good team, general manager, trust

True manager works in background, gives encouragement or guidance to team, let them take credit for success
Mind set is for profit, hands off passive income

Your money is separate from company money, receive profits
Reasons= for passive income you must learn to trust and let go

This is a fun time to do what you want socially and the business runs on its own.

Me: This level you are having fun making profits and using them to grow. You have more time freedom to network with investors and business people in your community. Sounds like fun to me.

Level 4- Investor- lets grow

What is your level of 0's
1. 0 is pocket money
2. 00 is first job
3. 000 sales, manger, profession
4. 0000 business

Investing, simple, leverage
Relation with money= return on investment

Investor= a person who invest money
Return on investment give as a profit
You strategize the team works

Rich= acquire as much knowledge, apply knowledge, with your own money and principle of leverage create return of investment first then return on investment

Build a reputation with books, talks for reliable network to gain intelligent gather of tools

Me: Here you are growing and realizing what can happen with knowledge and real hard work. You are building a reputation for yourself in business and making influential friends. These friends keep you in mind when they find a new investment. You continue to grow into the last level of an entrepreneur.

Level 5- Entrepreneur- selling
= a person who organizes or manages an commercial undertaking

Use other people's money to make money
Books, seminars build credibility to investors

Visionary, dream, take action

Trust yourself and team to turn into reality
Learned on job, gathered knowledge

May change thinking 4 steps:
1. Idealization- dream world
2. Visualization- picture as real twice a day in quiet 10 minuets
3. Verbalization- talk about it
4. Materialization- become reality by opportunities, influential people, true dreams

Relation with money- stock market, own nothing, control everything
Sell many franchises it is their risk, you make the money

Reasons-
1. everything is tax deduction
2. have influence create influential opportunity
3. ability to achieve
4. give back

Getting investors- build a reputation through books, seminars, and team
Money= coins stamped from metal, printed notes, given and accepted, when buying and selling
Going public will attract investors and institutions
You ask when you are done. When do you retire? You don't. It's not a word in your vocabulary. Retirement is enjoying life.

Me: This last level is working at what you like to do while making your investments grow. There is time for hobbies and vacations with new friends to create more business relationships. A lot of people think when they make it here they never have to work again. They never have to have a boss again. The work is still done because you enjoy doing it now. Think about Donald Trump and Bill Gates because they are still working hard. They even make mistakes sometimes and the key here is learning form the mistakes and letting go. I feel there are a lot of lessons here that can be applied to life. We are the ones that attract and create the illusion of what comes into our life.