Get Back On Those Monkey Bars! (WHW #5)

June 27, 2018

It’s time for another Wealth Hack Wednesday!

I’m at the park today with my youngest son and he was just on the monkey bars. The first try, he didn’t do so hot. He fell down and he got a little frustrated. I told him, you didn’t do it the first time but you have to keep trying.

This made me think of all the times I tried something that didn’t work out. Sometimes, I didn’t just fail, I failed miserably. In those life lessons, when you fail it’s all about getting back up right? 😏

Just like the saying if you fall off the bike, you get back on and keep trying. 😣

When I first started cold calling….I called all day, and got NO ONE. At the end of the day I felt awful. I was full of self-doubt and frustration. I went home and laid in my bed...like straight to my bed still fully dressed, shoes and all. 😫 Because I was just so defeated.

I believe we are all allowed to have those moments in our life. We can feel bad, feel defeated for a few minutes. But then we have to get back up and try again. You will never find your potential if you give up after the first try. 😏

In my case, the next day I went back to work and started calling again. I got more rejections, more No’s, but I kept trying until I got that first Yes. Then I kept going and got better at it. 😂

What are your ‘monkey bars’? What are the things that you have failed at, but didn’t give up, and tried again...and again...and again.

The process isn’t any fun. It can be miserable. But at the end of the day when you succeed, it’s all worth it. 😂

Are you willing to get back on those monkey bars and try again?

Let me know what you have struggled with and how you overcame the challenge. Drop a response in the comments.

 

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11 Daily Habits of Exceptionally Happy People 😁

June 26, 2018

I like to think of myself as a happy person. There’s not a lot of things in life that bring me down. Even if it is cloudy outside, I can find a way to make the day good. 😁

For a lot of people, it is about being productive. Being productive makes us happy. There is science that supports that! I enjoy crossing things off my to-do list, and staying on top of my ‘big goals’ for the week.

What I have noticed and found in research, for exceptionally happy people, it is not always about the things that people have to do, but the things that they DON’T DO - - that make them happy.

So what are the 11 things that exceptionally happy people don’t do every day?

➡️ 1. Don’t be distracted by multiple notifications. [1:49] - Don’t be a slave to the constant notifications from social media, email, etc.

➡️ 2. Don’t blame anybody for anything. [3:52] - Stop blaming others for things that go wrong in your day.

➡️ 3. Do not check your phone while talking to someone. [5:48] - It is so annoying to be in a conversation with someone and they are constantly checking their phone.

➡️ 4. Do not multitask during meetings. [7:16] - Make sure that you are present, contributing, and you know what is going on in the meeting.

➡️ 5. Do not interrupt when someone else is talking. [8:24] - Give the other person time to finish their statement before you add your input to the conversation.

➡️ 6. Do not waste time on people that do not add value to your life. [10:17] - We have so many people in our lives that this can be a tough one.

➡️ 7. Do not whine. - [12:41] No one wants to hear you constantly talk about your problems, focus on the positive.

➡️ 8. Do not let your past control your future. [13:51] - We all have things in our life that we are not proud of - learn from your mistakes and move past them.

➡️ 9. Do not talk about others behind their back. [15:03] - No one wants to hear gossip. If it doesn’t affect you -- who cares.

➡️ 10. Do not say yes when you really mean no. [16:10] - This is another hard one, especially for people pleasers.

➡️ 11. Do not let fear consume you. [18:42] - There are so many things in life we are afraid of but you cannot let that fear consume you.

If you consider yourself a happy person 😁 which of these 11 things do you do on a regular basis?

Or are you doing them all?

These are the things that you have to do to be exceptionally happy and not get bogged down with all the stuff that goes on in our lives.

Let me know in the comments which of these 11 things you resonate with the most. Which of these do you not allow to consume you on a daily basis.

I like happy people, you like happy people, let’s all be happy! 😁

 

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95% Don’t Do This Simple Wealth Building Strategy - Do You?

June 25, 2018

Growing up I had no idea what being wealthy even meant.

I didn’t understand, I guess what rich was, I thought rich was driving a corvette or being able to go out to eat more than once a week. It took me a while to figure it out.

When I started looking at other people that I consider being wealthy or having obtained wealth, I started realizing what made them different. They were more successful than all the people talking about getting wealthy or becoming wealthy, but never did. 💵

When I started watching these people that were wealthy I noticed a common trend among them something that most people are not doing. 💰

That is what I want to talk about today.

I grew up in a small town and when you are in a small town you know the people that have money. Now that I’ve moved to Nashville I am seeing some serious money...bigger houses, nicer cars. 🏎️

So how do these people afford such nice things?

When I first started my career, I was pretty much taught that investing in mutual funds, ETFs and individual stocks was the only way to make money. That is not a bad way to grow wealth, but it is definitely a long-term strategy.

That is not the only way!

What about those that are in their 30’s and 40’s that have built wealth and are enjoying that right now? 💰

Most of the knowledge I have gained on wealth building comes from reading books, listening to podcasts, and mostly from talking to other people that have obtained this status.

I started to get it.

I realized that it was about making a shift, doing this one thing that successful people do. It was a game changer for me.

📖 So a book that I read that I talk about a lot, Rich Dad Poor Dad, changed my life in so many ways. But the biggest way was changing my thinking and how I approach business. It challenged me to try something new. To do things differently.

The big thing that most people don’t do? When they focus on building their wealth the just focus on one thing like ‘How can I get more money in my job? Do I get more education to get bigger raises?

What most people don’t do is to try and find a way to make money on the side.

Is there a side hustle that you can do that allows you to make additional income? 🤔

I think a lot of people have no idea where to start, so they just don’t start at all.

I tried a lot of different things, MLM, real estate, etc. But it wasn’t until I started my blog that I had a success story to share. 😀

Finding a way to gain income that wasn’t connected to getting new clients, getting a pay increase, or in any way connected to my full-time job showed me that there is another way to make additional income.

From that point it was all about growing that side hustle to make even more money.

95% or people will never try to find another way to make money. It may take a couple of tries to find that thing that works for you.

🤔 Are you part of that 95% that has never attempted to make extra income?

Challenge yourself to see if you can make an extra $100 on the side. I’m not talking about a garage sale, or selling your clothes on FaceBook. I am talking about creating something and trying to sell it on Etsy, or going to a site like Fiverr and picking up a job writing, blogging, or doing some type of graphic design.

Let me know in the comments what you are going to try to make that extra money! 😀

 

 

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The Power of a Mastermind Group is Unshakeable (WHW #4)

June 22, 2018

Not only is today Wealth Hack Wednesday, which I hope is one of your favorite days of the week; but it’s the day for one of my favorite things to do.

Wednesday mornings is my Mens Morning Mastermind Group.

These are a group of guys that I got invited to join just a few months after moving to Nashville. It is one of those ‘who you know’ and having the right connections type of thing.

I just wanted to take a minute today to talk about what a mastermind group is, the power of a mastermind group, and how a mastermind group can help you hack your wealth.

👥 Each Wednesday I attend this weekly mastermind and I feel so blessed to be a part of this group.

So, how does a mastermind group help you grow your wealth? (It doesn’t have to be called a ‘mastermind). Just think of the famous Jim Rohn quote “You are the average of the 5 people you spend the most time with.” 🙌

Growing wealth, hacking wealth, and accelerating your wealth building 💰 you have to be around people that have an equal desire to achieve these same goals.

You have to start looking at your life, who you surround yourself with, and who you can go to that can help you increase your income, develop your side hustle, and hold you accountable when you are wasting time on things you don’t need to be doing.

My parents did not have the life skills to pass some of this information on to me. So I knew I needed to look around and find some of these types of people that shared these common goals.

It is an amazing and unique experience.

You may find this same dynamic in a Facebook group, or in a Slack channel or have weekly Skype calls with your group each week. 👥

You have to be intentional, to find these people and to commit to meet on a regular basis. Your meeting needs structure. You need to share your goals, what you are working on to help you reach your goals, and where you may be stuck. Your core group of people can offer support and help to get you unstuck or hold you accountable to stay on track.

This group will help to get you to that next level.

💯 I can almost guarantee that any wealthy and successful person you talk to has a core group of people that they meet with regularly.

So, who are the 5 people you are spending the most time with?

Is there something about them that you desire to be like?

Are they challenging you? 🤔

Are they adding something to your life?

If not, go out and find those people and make a routine of meeting with them.

 

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Why I Gave Up $36,000 Per Year to Say This….

June 21, 2018

Would you really give up 36K a year to be able to say what you want to say?

I think we’ve all been in a situation where we had something we wanted to say. We had something we want to share.

We wanted our voice to be heard.

We had an opinion that we felt mattered.

But, we were in a situation where we weren’t allowed to speak.

I found myself in this exact situation.

I want to share with you where I was, why I felt trapped, and why I was willing to give up $36K.

So I want to tell you a story..

The story begins when I left my old brokerage firm as a financial advisor. I decided to go out on my own and become independent.

I needed to market myself differently, so I decided to launch a blog.

It was exciting...online marketing….social media, etc. I thought “my financial practice is going to blow up!” 🍾

What most people don’t realize is that for financial advisors to be able to market, especially on line, we have to follow very strict guidelines. We have a compliance department that we have to answer to for everything we do.

When I first approached this compliance department about starting a blog….the said NO! ⛔

I don’t like being told no.

But I wanted to be sure I was being nice, and being gracious. So I took the time to explain to them what a blog was.

I explained that they would still be able to approve my articles before I hit publish, much like if I were publishing in a local newspaper. Amazingly, that accepted that and said YES! 👍

At the time I had my Series 7 license and was allowed to earn a commission if I sold certain products. I didn’t sell a lot of those products, so I didn’t make a lot of commission. But I wasn’t prepared to let that go.

However, I had so many restrictions on what I could say and what terms I could use. I had to have all my blog posts approved, which took 5-7 business days. But I followed the rules and did things the way I was supposed to.

Then I started having some success with my blog. I started getting local media mentions and quoted in big time media like Forbes, Fox News and CNBC. Then I started getting clients that found me on Google.

All of this happened because of my online marketing efforts through my blog.

Then I had a blog post rejected for one thing that I said: “I love the Roth IRA’ - I wasn’t allowed to make that claim….What?

I bit my tongue, said OK and pushed on. I kept getting approval for my blogs and my business continued to grow.

During this time Twitter and Facebook really started taking off, so I used those tools to promote my blog.

I can’t remember exactly what happened, maybe a change over with my contact person...but I received an email that said: From now on, if you want to publish something to Twitter or Facebook, you have to get those preapproved.

So I am like Wait...so if I go out and have an awesome dinner on Saturday night I have to wait until Monday when your office is open, fax you my post (that my dinner was awesome), and then wait 5-7 business days for you to approve that?

Yes. That is exactly what they wanted me to do.

At this point, I knew I had to make a change. I made some connections with other financial advisors that were promoting on social media, etc. just like me. Only, they didn’t have all these restrictions. They had decided to drop their Series 7 license.

😰 I knew if I let my Series 7 license go, there was income that I was going to lose. It amounted to around $36,000. At that time, that was a pretty significant amount of money.

I had to determine if I could replace that income if I dropped my license. I had faith that I could.

So I dropped my Series 7 License, formed my own Wealth Management Alliance - all so I could say what I wanted to say.

It was a process, I had to take a lot of steps before I could drop the license.

So the question is...did I replace the $36K….yes, yes I did.

I actually replaced it and then some within that next year.

All of this happened because I decided to take a chance.

So here is my question to you….

Would you give up $36K a year to be able to say what you want to say?

Would you be scared? 😰

Would you just dive in like I did?

Let me know in the comments what you think.

 

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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...

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