Posts Tagged ‘Chris Miles and Dale Clarke’

The Sure-Fire Secret to Riches

Wednesday, June 15th, 2011

Often, you will hear us tell you that dollars follow value you create for others. Although true, are you tired of hearing it yet? ;)

Would it be valuable if we tell you how to do it so you can create faster, more guaranteed wealth rather than asking you to just do it?  Would it be worth it if it was only one, simple strategy that WORKS EVERY TIME? If so, keep reading!

This is a tip I began applying while listening to the audio book AND reading and taking notes on the book, “Master Key to Riches” by Napoleon Hill. He wrote this about 25 years after writing “Think and Grow Rich.” However, this book helped me retire 5 years ago and I felt it was helpful to review again. I wasn’t disappointed!!!

This one principle inspired me to test it more intentionally and it has yielded great rewards. In fact, this easy strategy just made me $3,090 during a one-hour lunch yesterday…and I didn’t have to pay for the lunch! Alright, I’m done teasing you now =)

This simple, yet powerful principle is GOING THE EXTRA MILE!

Lately, I have found every reason to go the extra mile in my career, family, and other responsibilities, and every time it pays handsomely. However, to make this work, you must have faith enough to actually do it! Many feel they are taken advantage of by applying this principle. Some wonder if their efforts even go noticed. Heck, I began wondering the same thing yesterday morning and had to remind myself that it does. Ironically, 4 hours later, it paid off for me!

Another example of this in the book “Master Key to Riches” is the story of Charles Schwab. Charles Schwab worked for one of the wealthiest men of that time (around 1900), Andrew Carnegie.  Although Charles started as an entry level worker with little schooling or experience, he quickly worked his way to the top as president of Carnegie’s US Steel. According to Napoleon Hill’s interview with Carnegie, Schwab made it impossible for him to NOT promote him due to his “can do” attitude and his willingness to go the extra mile.

As president, he was paid a hefty salary of $75,000/yr. Now that may not sound like much, but as I researched inflation statistics, that would be the equivalent of about $1.95 Million/yr. How many of us wouldn’t mind a base salary of $1.95 Million/yr?

On top of that, Carnegie gave Schwab a bonus of  $1 Million! That’s equivalent to a $26 Million bonus!!!

The reason? Carnegie said that he gave Schwab $75,000/yr for the job he was hired to do. And the $1 Million bonus for everything else that he did. Was Schwab “lucky”, or did he do everything possible to create value and go the extra mile to ensure his own success by helping others succeed as well? I think you know the answer to that.

So here’s how to apply this correctly. You must….

  1. Have a positive mental attitude KNOWING that it always works
  2. Understand that there is an irrefutable law of compensation where “what you reap is what you sow”…good or bad.
  3. Keep your eyes open for opportunities to serve others, even if it doesn’t seem to make you any money (This is what happened to me yesterday)
  4. Don’t hesitate to apply your strengths and passions in a way that helps others, especially when it’s not expected.
  5. Give your employer, customers, or anyone else every reason to return value to you by FIRST creating value for them. Always give more than what you are compensated for, and do it with a positive attitude.

Action Item - Go have fun going the extra mile, and COMMENT HERE how you have applied this principle to work in your life!

Self-Made Millionaires…Really?

Monday, May 23rd, 2011

As a child did you ever dream about becoming a Millionaire?  Driving a fancy sports car? Living in a castle in Germany?  Wealth beyond imagination?  Perhaps you day-dreamed about where you would travel or what you would do with your life if money were of no concern.

Being a “self-made” millionaire is something that is at the heart of many in search of the American Dream.  The idea of creating an innovative product or service, starting a business, and marketing that product and/or service to the world is what drives most entrepreneurial minds.  The truth of the matter is that there are no self-made millionaires.  In fact, every time I hear someone say it, I cringe. It’s simply not true!!! We live in an interdependent world where everyone must work with others to succeed. Our relationship capital and ability to exchange value with others is what accelerates more wealth. Did Warren Buffett, Bill Gates, or Carlos Slim do it alone? Of course not!!!

For instance, I used to be the “jack of all trades” financial advisor. You could come to me for mutual funds, life insurance, health insurance, mortgages, and even help with your debt! Heck, I would even offer to babysit if you would do business with me ;)  But seriously, despite all of these services, I struggled to make a decent living. Ironically, I made a lot more money when I began using my financial knowledge and ability to teach the “why” and the “how”, and then delegate a lot of the implementation of those services to others. I found out that I was better off making 50% of something than 100% of nothing. I was happy, the clients were happy, and my team was happy. How cool is that?! I figured out the fastest way to make money is to look for the “win-win-win.”

In the real business world, the more we focus on our using our strengths, and allow others to use their strengths, towards a common objective, the wealthier we ALL become.

What do you offer and who can help you deliver it so you can become more financially wealthy?

How Can I Improve My Credit Score?

Wednesday, July 28th, 2010

What are some ways to improve your credit score so you can pay less in interest charges, insurance premiums, etc? What are some myths that cause you to hurt your credit score rather than help you?

Chris Miles and Dale Clarke discuss how you can improve your credit score quickly so you can take advantage of lower interest rates and free up more cash flow right now. Also learn what Chris Miles did to be able to increase his credit score by 200 points in 2 years! Listen to learn how.

Please comment if you have had other successful ways to improve your credit score that could help others that listen to this, or if you have specific questions on this topic.

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How Can I Qualify for Business Loans Right Now?

Tuesday, July 20th, 2010

With the credit market changing, how can you get business loans to invest in yourself right now, especially when rates are low? What are some key things you can do to look better (legitimately) to the bank so they will want to give you a loan? Why aren’t they loaning to people right now? How could this work for other loans too?

Chris Miles and Dale Clarke offer some easy tips you can start on to help you qualify for a business loan, or any loan, much faster in this economy than if you tried to do it the “old way.”

What are some of the things you have done to get loans too?

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How Can I Have More Cash Flow in a Down Economy?

Wednesday, July 14th, 2010

What things can you do to increase your monthly cash flow, even when the economy is struggling? How could you make this work in ANY economy? How could learning this now make you much more wealthier when the economy bounces back? What are some simple strategies you can apply today that can help you see results right now?

Chris Miles and Dale Clarke discuss what they have done to have greater cash flow now than when the economy was booming, what myths that many people believe that keep them living paycheck to paycheck, and how you can easily start getting cash back into your pocket today!

What things have you done for yourself to have more cash flow in a recession?

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How Are Financial Advisers Losing YOUR Money?

Wednesday, July 7th, 2010

How do you know whether you should fire your financial adviser before it’s too late? How do you know if you have the right one working for you? How are the wrong ones costing you money and you don’t even know about it? What are some simple questions to ask when interviewing for the right financial advisor or planner?

Chris Miles and Dale Clarke expose how financial advisers are costing you your retirement and your ability to have the life you dream of today. Learn a few fast questions to easily know if you have the right adviser or the expensive adviser, and which ones can help you create wealth today, rather than wishing for retirement someday.

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What Is a “Good” Debt?

Tuesday, June 8th, 2010

How do you know which debts are good for you and which ones are bad? Have you ever wondered which debts are good and which debts are bad? Could certain debt be good, if not necessary, to create wealth in today’s economy? Could real estate be a bad debt too?

Chris Miles and Dale Clarke describe how to know which of your debts will be productive for you, and which ones are consumptive or destructive and could lead to financial ruin. Using traditional financial advice could be the difference between your financial freedom and financial bondage the rest of your life. Learn how to identify this fine line between good and bad debt!

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The Power to Say “No”

Tuesday, May 4th, 2010

Do you ever feel like you take on too much? Do you ever feel spread thin? Are you plagued with distractions where you feel busy, but not productive? How can you stop saying “yes” to everything and begin focusing on what’s really important in aligned with your Soul Purpose? One of the most powerful words in the English dictionary is “no.” In fact, without clarity of purpose, you’ll never know the difference between an opportunity and a distraction. Learn how you can say “no”, stay focused on your Soul Purpose, and not offend everyone.

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How Are You UNKNOWINGLY Losing Money?

Tuesday, April 27th, 2010

How are you likely losing money EVERYDAY and not know it? What can you do to be more resourceful with the money that you have? What methods to increase your cash flow are you missing out on? Why do you lose more money than what you lose when an investment goes awry? Learn where many people are losing money that they never knew they had!

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Pay Yourself First

Tuesday, April 20th, 2010

Do you ever feel like you are living from paycheck to paycheck? How can you save when there doesn’t seem like there is anything to save? What most people do wrong is that they only pay themselves AFTER they pay everything else. Learn a very simple formula to budget your money so you can pay yourself, increase your wealth faster, eliminate credit debt, and have greater peace of mind. If you want to find ways to free up more money, listen to our cash flow tips podcast, or read about it.

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