How to Find a Mentor : 4 Tips to Get Perfect Mentor (WHW #3)

June 20, 2018

A common question I get is “How do I find a mentor” 🤔

How do I find someone that is willing to show me how to do the right things, or more importantly keep me from doing the wrong thing.

I got lucky...initially my mentor was the financial advisor that hired me. I was an intern, then part-time, and then full-time employee.

This guy turned out to be the top producer in the office. In the financial world there is a term or level of success called ‘Million Dollar Producer’ - it is pretty hard to accomplish, but this guy did it. He was living in central Illinois, so not a huge metropolitan area. He was able to hit that for several years. This is the guy I got to work with a be around on a consistent basis.

My dad was not an entrepreneur, and I didn’t really have anyone in my family that could be a business mentor.

I was in my early 20’s when I got this internship and was able to connect to this financial advisor. I can’t tell you how valuable it was to be exposed to his work ethic, his drive, what he did every single day. How he followed his routine and defined success each day.

I am so grateful for that whole experience. It showed me what it takes to be able to find a mentor and what you should be looking for. Here are 4 things I want you to consider when looking for a mentor:

➡️ 1 Don’t ask a stranger - If they don’t know your story, it’s just kind of weird.

➡️ 2 Find someone close to you - You will want to be able to meet with them in person.

➡️ 3 Don’t ask ‘Can I Pick Your Brain’ - You are sending the message that you want to take up their time for your benefit.

➡️ 4 Provide value first - Find something you can offer this potential mentor that offers value to them.

Don’t expect to get something for free. Be prepared to offer something that will benefit them as well. 🎁

That is my list of 4 tips to help you find a mentor.

🙋 But you have to be brave enough to ask, if you don’t ask you will never know.

Hope you enjoyed this Wealth Hack Wednesday tip. See you next week!

 

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How to Connect with Anyone (without feeling like a douchebag)

June 19, 2018

How do you go from being virtually unknown to having access to some of the biggest named celebrities, athletes, and thought leaders that exist? To be able to interview the likes of Tony Hawk, Russell Brand, Shaquille O'Neal? 🤔

If you don’t know how to grow your network, how to connect with high level influencers...well you are going to find out how today.

One of the things that have contributed to my success over the years is the ability to build a solid network.

I am not the greatest at showcasing some of these connection tips so, I wanted to bring in an expert to help you out.

Jordan Harbinger, you may know him from the Arts of Charm podcast. (www.jordanharbinger.com)

He has his own show now called the Jordan Harbinger Show. One thing I have been really impressed with is Jordan’s ability to connect with some BIG names.

Jordan has a lot of great information and I knew talking with him would be a great addition to this channel.

I hope you enjoy Jordan’s tips: 😎

✳️ So Jordan, you started a podcast over 12 years ago, why did you choose podcasting over any other thing out there.

🎤 ‘Yeah I started my podcast over 12 years ago and now my voice is heard millions of times each month. Why podcasting? I don’t think it is a great medium for business or for making money. But I was having lots of interesting conversations where we were sharing great information. So I started recording these conversations.”

✳️ You have been able to interview some amazing people, how in the world have you landed these A-List celebrities?

🎤 “I networked my buns off! I always introduce people to each other inside of my network. People that can benefit from each others information and services.”

✳️ When you are in the midst of interviewing some of these big names, do you ever have to pinch yourself and wonder how you got to that position.

🎤 “Well, by the time I’ve done my 8-10 hours of show prep, I’m not nervous anymore. My mission is to be one of the best interviewers in the world. I’ve put in the hard work and I feel my show is a worthwhile place for a celebrity or non celebrity to be there.”

✳️ When you initially started making contact with some of these high profile people, was there ever a time where it just didn’t work out?

🎤 “There are times where I have connected with people and things didn’t work out. There was a time that I was trying to connect with someone and just couldn’t get a response. I reached out to the publicist and learned that he had passed away.”

✳️ There are many people that want to connect with potential mentors or successful thought leaders in their niche. What is your #1 tip for how to connect with these people?

🎤 “I think the #1 steps you can take towards making that connection is to figure out how you can add value for that person. You have to find out what that are interested in personally and professionally. Introduce them to people that they ‘should’ know.”

✳️ What do you typically see is the #1 mistake people are making when they are trying to make that connection?

🎤 “Honestly, when people are asking ‘what’s in it for me’. Also, people that are not putting in the work before hand. If there is someone that you have been talking to for 3 years (that’s never asked for anything) - suddenly needs a quick favor, you are more likely to help that person.”

✳️ One of my biggest pet peeves is when someone contacts me with the subject heading of ‘Can I pick your brain.’ What is one of your biggest pet peeves.

🎤 “My biggest pet peeve is when someone is trying to connect and they act like they are entitled to my time. If you haven’t heard from me in a couple of days, don’t send me a grumpy email to follow up.”

✳️ What is one last connection tip you have for us?

🎤 “One last connection tip, I have a lot of drills that I will take you through for free. If you go to www.advancedhumandynamics.com - you can click on Level 1 and you will find lots of drills that will help you create relationships and keep people engaged.”

Thank you Jordan for stopping by and sharing all of these tips!

❓ To my readers, what was your biggest takeaway from Jordan? What did you about being able to network and connect with some high list celebrities?

Be sure to check out his podcast.

 

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Mud Makes Me Hustle Harder 💪🏼

June 18, 2018

I often get asked “What is the key to your success?”

Let me tell you, I’m not the smartest person in the world. I did graduate college but I had like a 3.2 GPA. 🎓

I didn’t get a scholarship.

No one gave me money. 💰
No one gave me anything.

The one thing that I have that is different than many people……

I’m willing to do the work. 💦

I despise when people say the will do something and they don’t follow through. 😠

Stick to your word!

If you say you are going to do something, step up and do it.

As a business owner you can delegate and outsource, but sometimes you have to jump in and do the work yourself.

🙌 So, the key to my success….

I’m not afraid to get dirty and put in the work.

Are you willing to put in the work? 🤔

Are you willing to put in the time it takes to achieve success?

Ask yourself that!

 

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Beware of the Comparison Trap 🚫 (WHW #2)

June 15, 2018

I’m back….with another Wealth Hack Wednesday!

So when I was a kid growing up I didn’t have the name brand shoes. No Nike, no Adidas. I had shoes from Payless or hand-me-downs from other boys that had outgrown them.

So when I got my first pair of Nike’s, some ‘Air Jordan’s’ back in 1986, I remember how excited I was to go to school and show them off.

That excitement lasted about a week. Once I got out playing in them and they got dirty and beat up, it just wasn’t that exciting anymore. I wasn’t as proud.

What I like about this story is that we can apply this to our ‘adult selves.’

We are always looking at things that people have. Their cars, homes, and vacations. We start to want these things. We start to obsess about them.

Then we start to measure our success based on these things that people have. It can get very dangerous when you start comparing yourself to others.

You start making bad decisions.

You don’t know where these other people are in their journey. You don’t know what they are trying to achieve.

You don’t know their story.

Chances are that your story and your goals are different.

Let your own success, your own results define who you are.

▶ Check out my gear on Kit: https://kit.com/jeffrosecfp

 

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30k Debt (How I Got Myself In and out of the Debt Trap)

June 14, 2018

There was no reason for me to have any debt in college.

I joined the Army National Guard to pay for school.

I was working 30+ hours a week in college and my living expenses were next to nothing.

My weekend drill pay from the Guard was enough to pay all of my bills.

Despite that I still managed to accrue over $30,000 of debt.

Thankfully, I dug myself out of it.

Here's my story...

Watch Now:

Not Investing Yet? Do THIS. ✅ (WHW #1)

June 13, 2018

Resources I mention in this video:

Best online investing options for newbies:

✅ https://www.goodfinancialcents.com/online-investing

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Robo Advisor Options:

📲 https://www.goodfinancialcents.com/robo-investing-online-financial-advisor

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Real estate online investing (only $500 to start):

🏘 https://www.goodfinancialcents.com/fundrise-review-how-to-invest-in-corporate-real-estate-with-a-small-investment/

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Today is a new day, because it is a Wednesday!

And Wednesday shall forever be known as Wealth Hack Wednesday!

So every Wednesday I am going to bring you a wealth hack tip to help you build your wealth.

Today is the first tip!

So what is it?

Everyone asks me how to start investing. They all want to know where they should do research or which book they should read to learn how to get started investing.

You don’t need to read another book, resource or blog post to show you how to invest.

You just need to START investing!

So how do you do that?

Well, you are going to open up an investment account. I don’t care where you do it. You can go to a local brokerage firm, a local Edward Jones, or a local bank. OR if you want, you can open an online account.

You can do this with E-Trade, Ally Financial, Robin Hood, etc. there are so many options.

Guess what’s going to happen?

You are going to learn SO much more going through this process than you would reading another book.

STOP reading.

STOP researching.

Just go out and do it!

I’m going to share some resources to help you find where you want to start investing.

Knowledge = Power = Building Wealth

That is your Wealth Hack Tip today.

Let’s go build some wealth!

——————————————

Best online options for newbies:

✅ https://www.goodfinancialcents.com/online-investing

Robo Advisor Options:

📲 https://www.goodfinancialcents.com/robo-investing-online-financial-advisor

Real estate online (only $500 to start):

🏘 https://www.goodfinancialcents.com/fundrise-review-how-to-invest-in-corporate-real-estate-with-a-small-investment/

Watch Now:

My #1 Productivity Tool (costs $12.99 on Amazon)

June 12, 2018

Here's how I stay productive every single day.

Resources mentioned in this video:

My #1 Productivity Tool revealed here:

https://youtu.be/FYcwPr7ViWs?t=12m45s

You can buy it on Amazon here:

https://amzn.to/2jspVAv

Rich Habits: The Daily Success Habits of Wealthy Individuals

https://amzn.to/2KCLbA0

Also a BIG fan of the Productivity Planner:

https://www.intelligentchange.com/products/the-productivity-planner

▶ Check out my gear on Kit: https://kit.com/jeffrosecfp

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From $2.26 to Millionaire in 5 Years (only 30 years old 😳)

June 11, 2018

Imagine only having $2.26 in your bank account.

Now fast forward 5 years…..and you are a millionaire.

Does that really happen? Can you go from being flat broke to being a millionaire in 5 years? 💵

Oh and here’s the best part - You’re only 30!

Does that happen?

IT DOES --- It Did happen!

We are going to find out who this mystery person is today.

There is nothing I love more than a story of pure grit, entrepreneurship, perseverance, hustle, and just crushing it.

I have the privilege of knowing some amazing personal financial bloggers and some of them came to Nashville for a mastermind this weekend.

In this group I was able to connect to a new up and coming personal finance blogger. I didn’t know who he was a year ago and to be honest I wasn’t really familiar with his story until recently.

The more I learned about him the more I was impressed.

His name is Grant Sabatier and he is known as the Millenial Money Expert.

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You can find him at https://millennialmoney.com/

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There are so many things that blew me away with his results. But I mean just having a blog that has been up for three years and he is making over $400,000 a year.

In this interview today you are going to learn how he pulled this off. If you don’t have a notepad handy, pull one out Right NOW! 🗒️

Take some notes because you are going to be blown away.

Find out how he turned a blog into a thriving business and how he went from broke to millionaire in 5 years. 💵💵

There were so many take-aways from this interview.

Don't be afraid to try something

Don't be afraid to fail.

The way he took a mentor to lunch to learn from him and grow. 🍱

I could really go on and on about all the good things he shared.

I hope you enjoyed the video.

 

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Warren Buffett: Ignore Him for Wealth Building Advice 🙉

June 8, 2018

You are probably wondering what is up with me and this title.

Like ...what? You don’t trust Warren Buffet for wealth building advice?

Are you ok Jeff? Are you on medication? 😕

Ok so this might be a little ‘click baity’ but this is something that I have been wanting to write about for a long time.

So why am I questioning one of the 3 richest men in the world? Someone worth $87.5 Billion?

He is one of the most well respected investors in the world.

First, let’s get this out of the way!!

✳️ I like Warren Buffet
✳️ I respect Warren Buffet
✳️ He is an investment genius!

One of his quotes that I love is: “Be fearful when others are greedy and greedy when others are fearful”

😀 One of my favorite memories of Warren is when he wrote an open letter to the New York Times. The letter was titled ‘Buy American, I Am” (this was back in 2008 after the financial crisis).

So what was the wealth building advice that Warren shared that others repeated over and over again? This advice that I am giving the big “Nope” 👎 ?

Every year Warren puts out a shareholder letter for Berkshire Hathaway. In this one letter he says that the best thing you can invest into are index funds, or specifically the S&P 500 Index Fund.

Now I am not saying that this is a bad investment - but all these bloggers and journalists repeated this over and over as if it were the only thing you needed to do to build wealth.

⁉️ Now, do I think this is the only way or the best way to invest?

No!

Investing in an S&P 50 Index Fund will build you wealth ….. eventually….like in 30 years. 🐌

But if you want to build wealth like Warren has, then you might want to do something different.

Here is the important thing.

Warren Buffet didn’t become a $87.5 billionaire by investing in an Index Fund.

He made his wealth by investing into companies at the right time.

Index funds are not bad, but you are going to have to invest in different ways if you want to build wealth quickly. A few ways to consider:

➡️ Start a business
➡️ Become an entrepreneur - create a product or service to fill a need
➡️ Invest boldy and take some risk

When I think about how this applies in my own life - where I’ve seen my largest return is my investments in individual stocks and my investments in my business.

I hope you get something out of this video that helps you.

You may totally disagree with this opinion...I would love to hear your comments. Let me know what you think!

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Steal My 5am Morning Routine (rise ⏰ and grind 👊🏼)

June 7, 2018

It’s Saturday morning and I’m up at 4 a.m.! ⏰

WHY?

Well, I used to be a night owl, staying up until 1 or 2 a.m. on a weekday.

That was in my younger days. I was driven and probably a little misguided. I had these big dreams of becoming a wealthy entrepreneur, a wealthy business owner.

I respect some of the concepts I followed, like the hustle that I put in. But I didn’t have a good balance.

I was jaded. I wasn’t chasing success the right way. I wasn’t setting myself up for success with friends and family. I was chasing the all mighty dollar.

One of the biggest things I changed was instead of being a night owl 🦉 I became a morning person.

I read this book: The Miracle Morning by Hal Elrod and he talked about how he changed from night owl to morning person.

By implementing this Miracle Morning process he changed his whole life.

So I thought OK, let’s give that a shot.

Let me tell you a bit about my morning routine and how it has helped me to be more productive.

It all starts with the night before. Because Hey, you can’t have a miracle morning without some prep the night before.

Each night I have my journal and some note cards on my bedside table and I plan my next day.

Then I follow this routine each morning to start my day:

➡️ I read one bible verse. Why just one? Sometimes I read more, but I make it a point to commit to reading at least one every morning.

➡️ I pray. Sometimes I just close my eyes and pray, other days I may jot down some note about friends or family that I want to pray for.

➡️ My 5 Minute journal is next, I like the quiet time in the morning to reflect on the things I am grateful for and also to plan out my day.

➡️ Next is reading. I enjoy physical books but I do occasionally use an e-reader or listen to a book on audio. I try to read at least one chapter each morning.

➡️Finally, I commit to doing 50 pushups every morning. Why 50? Because I know I can commit to that every morning. I usually get in a work out 4-5 days a week, but by committing to those 50 push ups every day, I know that I am at least getting that much in if my day gets hectic.

Even though I use a productivity planner, and write down the most important tasks for each day, following this morning routine keeps me on track. 📒

It is amazing how much more productive I am since starting this routine.

What about you ❓

Do you have a morning routine ❓

Or are you like the old me and stay up until 2 a.m. and roll out of bed whenever the next day? 🦉

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