Here is a quick and fast way to figure out how much money you are going to make next year. It does not take fancy calculus, just some simple averages and observation.
Step 1: Write down the 5 people you spend the most amount of time with outside of your immediate family. If you work in an office of 5, please right down all of their names only if you spend the majority of your time with them (including socializing). If you work in a remote office with no staff then write the people you spend the most amount of time with. They can be clients, friends, police officers, the owner of the local coffee shop and or bar. Remember this is an exercise in predicting your income.
Step 2: Next, ballpark how much money they make in a particular year.
Step 3: Add all those incomes up and divide by 5.
Whatever that number is, it will likely be your income next year!
Does that number excite you? If yes, you have done an excellent job at being very conscious of the people you surround yourself with!
Does that number depress you? If yes, then it is time to take new actions to get new results. Some suggested actions: join a WealthTribe, hire a coach like Getting Results who coaches multi-million dollar producers every week. Move to a new neighborhood. Join that fancy club you’ve been eyeing. In general, begin to think consciously about who you choose to spend your time with. The hard truth is, you become who you associate with. Do the people you associate with inspire you? Or do they simply make you feel comfortable? Now, there is nothing wrong with being comfortable except that it typically does not cause growth! It all depends on what you are committed too.
Who are the most successful people you know?
Do you spend time with them?
How could you spend more time with them?
Would you like to be more successful?
The fastest way to accelerate your success is to surround yourself with high achievers, not because you want to manage their money which may be a side benefit, but because you want to be inspired. Because you want to experience the things that winners experience and talk about.
The most amazing thing to me about our WealthTribes is that we all have the ability to get inside the mind and actions of a guy who makes millions of dollars of income every year! How often do you get to spend time with ultra successful people? Now, every idea may not be applicable to you or your practice but lets go back to the original exercise of noticing who we spend the most amount of time with? Do you spend any time with someone who earns millions of dollars? Who generated 110 million in new assets? Or the WealthTribe coaches who have coached 100’s of million dollar producers and who have written books on the subject? Ultimately, we are a reflection of our community. This is the simple reason why people join country clubs, yacht clubs and other private clubs. We become who we associate with on a consistent basis. Our community will either pull us up or drag us down. The choice is yours.
Up your community to Up your business!