3 Massive Money Mistakes Even Smart Entrepreneurs Make
How to stop making these mistakes
Posted on 05-09-2019, Read Time: Min
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When I started SuccessClinic.com in my college dorm room in 1997, I had $800 to my name and a book on how to do HTML. I had no business experience, no sales or marketing training, and no clue how to run a successful business.
All I had was a dream and a desire to help people.
So I built my first web site – which in those days had no video and only a few tiny images – and began offering my self-published book which I had printed at the local print shop. (Remember, this was long before the days of Kindle books and print-on-demand.)
And then the strangest thing happened…
People from around the world started to order my book (even from countries I’d never heard of), and people started sending me their stories of how my methods had changed their lives and turned around their business fortunes.
As I read their stories, I came to realize that there are 3 massive mistakes even smart entrepreneurs make when it comes to making more money. And if you are doing even ONE of these mistakes, it can severely limit the amount of money you’ll make and the number of people you can help.
All I had was a dream and a desire to help people.
So I built my first web site – which in those days had no video and only a few tiny images – and began offering my self-published book which I had printed at the local print shop. (Remember, this was long before the days of Kindle books and print-on-demand.)
And then the strangest thing happened…
People from around the world started to order my book (even from countries I’d never heard of), and people started sending me their stories of how my methods had changed their lives and turned around their business fortunes.
As I read their stories, I came to realize that there are 3 massive mistakes even smart entrepreneurs make when it comes to making more money. And if you are doing even ONE of these mistakes, it can severely limit the amount of money you’ll make and the number of people you can help.
The first massive money mistake is Not Getting Rid of Your Head Trash Around Money.
Here’s What It Means
Your head trash is that negative voice in your head that tells you, “I can’t do it because…” And then you fill in the blank…
• Because I’m too old.
• Because I’ve made too many mistakes.
• Because I didn’t graduate from college.
• Because my parents didn’t have any money.
• Because I don’t live in the right neighborhood.
• Because I can’t afford it.
• Because I don’t have the time.
• Because I’ve made too many mistakes.
• Because I didn’t graduate from college.
• Because my parents didn’t have any money.
• Because I don’t live in the right neighborhood.
• Because I can’t afford it.
• Because I don’t have the time.
Money Mistake #2
Imagine that you are enjoying your favorite fun activity with your family and friends. Maybe you’re relaxing on the beach on an island paradise, playing golf or tennis, or maybe simply enjoying being out in nature, breathing the fresh air of a mountain lake. Suddenly, your phone beeps. You look: Hey, another online order! Someone just ordered one of your online programs…and it happened without you lifting a finger!
Your friends look at you and say, “How on Earth can you be making money while you’re here not working? You used to work all the time and we never even got to see you. What’s up??”
Here’s what’s up: You’ve eliminated the second massive money mistake that keeps so man entrepreneurs stuck…
Because the second massive money mistake is: Not having a mentor who helps you get where you want to go.
Here’s What It Means
At SuccessClinic.com, we teach that you should look for two things in a mentor. First, a mentor should be someone who is where you want to go.
The problem is, that’s the easy part.
Why? Because you can’t go on Facebook without seeing the latest hot-shot standing in front of “their” car (is it really theirs?) going, “Hey, look at all this COOL STUFF I HAVE!”
Of course, there’s nothing wrong with fancy cars and nice houses – we all want nice things, right?
The problem is that there is a second, even more crucial aspect to finding the right mentor – and that is, a mentor is someone who can actually help YOU reach YOUR goals.
Your friends look at you and say, “How on Earth can you be making money while you’re here not working? You used to work all the time and we never even got to see you. What’s up??”
Here’s what’s up: You’ve eliminated the second massive money mistake that keeps so man entrepreneurs stuck…
Because the second massive money mistake is: Not having a mentor who helps you get where you want to go.
Here’s What It Means
At SuccessClinic.com, we teach that you should look for two things in a mentor. First, a mentor should be someone who is where you want to go.
The problem is, that’s the easy part.
Why? Because you can’t go on Facebook without seeing the latest hot-shot standing in front of “their” car (is it really theirs?) going, “Hey, look at all this COOL STUFF I HAVE!”
Of course, there’s nothing wrong with fancy cars and nice houses – we all want nice things, right?
The problem is that there is a second, even more crucial aspect to finding the right mentor – and that is, a mentor is someone who can actually help YOU reach YOUR goals.
Here’s Why This Is so Important
The right mentor can show you things like how to
- Stop trading “time for money”
- Take ACTION even in the face of fear (and there’s always fear)
- Trade excuses for RESULTS
- Get more RECOGNITION and financial rewards
- Make a greater IMPACT and higher INCOME
Now I know that might sound like a total dream. Yet it’s a dream that really CAN come true if you find the right mentor for you.
Money Mistake #3
Suppose you could stop beating yourself up, stop feeling stuck, and stop feeling like you’re always falling behind, working harder and harder just to keep your head above water?
Well, if you stop making this 3rd money mistake, that’s what it can feel like for you, too…
Because the third massive money mistake is: Too much information without implementation.
Here’s What It Means
At SuccessClinic.com, we have a saying… “There is no lack of INFORMATION, but there is a definite lack of TRANSFORMATION.”
The fact is, millions of entrepreneurs are drowning in what I call SHELF-HELP.
Shelf-help is that information you keep consuming – from blogs, articles, videos, YouTube, Facebook, Twitter, etc. – without taking ACTION.
However, information only becomes valuable when you combine it with step-by-step guidance, personal mentorship, ongoing support and actual implementation.
Well, if you stop making this 3rd money mistake, that’s what it can feel like for you, too…
Because the third massive money mistake is: Too much information without implementation.
Here’s What It Means
At SuccessClinic.com, we have a saying… “There is no lack of INFORMATION, but there is a definite lack of TRANSFORMATION.”
The fact is, millions of entrepreneurs are drowning in what I call SHELF-HELP.
Shelf-help is that information you keep consuming – from blogs, articles, videos, YouTube, Facebook, Twitter, etc. – without taking ACTION.
However, information only becomes valuable when you combine it with step-by-step guidance, personal mentorship, ongoing support and actual implementation.
How to Stop Making These Money Mistakes
1. Write 3 things you want to accomplish in the next 12 months.
2. Research who can help you reach those goals (i.e., find a mentor).
Make a list of people who have accomplished similar results to what you want, AND (this is the crucial part) have also helped OTHER people get results, too.
Remember, it’s awfully easy to stand in front of cool cars. But it’s much harder to prove that you’ve helped other people reach THEIR goals.
3. Enlist that mentor’s help to reach your goals.
After interviewing more than 150 millionaires and multi-millionaires, I’ve come to realize that nearly every highly successful person had a mentor who helped them reach their goals.
2. Research who can help you reach those goals (i.e., find a mentor).
Make a list of people who have accomplished similar results to what you want, AND (this is the crucial part) have also helped OTHER people get results, too.
Remember, it’s awfully easy to stand in front of cool cars. But it’s much harder to prove that you’ve helped other people reach THEIR goals.
3. Enlist that mentor’s help to reach your goals.
After interviewing more than 150 millionaires and multi-millionaires, I’ve come to realize that nearly every highly successful person had a mentor who helped them reach their goals.
That’s why, when you stop making these money mistakes, it can make a huge difference for yourself, your family, your employees, and the world.
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Do you think you can avoid money mistakes by having a great mentor? https://web.hr.com/8y2kj
Do you think you can avoid money mistakes by having a great mentor? https://web.hr.com/8y2kj
Author Bio
Noah St. John helps entrepreneurs make money: Since 1997, his coaching clients have added more than $2 billion dollars in sales. Noah is the only author in history to have works published by Hay House, HarperCollins, Simon & Schuster, Mindvalley, Nightingale-Conant, and the Chicken Soup for the Soul publisher. His 14 books have been published in 17 languages. A highly in-demand keynote speaker, Noah is famous for inventing AFFORMATIONS® - a new technology of the mind – and helping people get rid of their head trash so they make more money. Get Noah’s new book Get Rid of Your Head Trash About Money FREE at www.SendMeaBookNoah.com. Visit https://noahstjohn.com/ Connect Noah St.John Follow @noahstjohn |
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