Hey Cashflowers,
These 5 secrets of millionaires presented today could be the exact reason WHY you haven’t seen success yet.
Some more simpler than others, but all are equally as valuable as each other
Let’s dive in!
Timing
Timing is a critical factor to success, look at things like real estate, the stock market, or even crypto, they’re all based on timing
Timing is likely 80% of why people end up millionaires, but it’s not all that.
Hard work, dedication, consistency, and many other things are required, but timing is crucial.
Don’t get this mixed up though, timing and luck aren’t the same thing.
With success, you don’t just get “lucky” because with only timing you will never get anywhere with success.
Look at it this way:
The timing of the stock market can be great, but if you haven’t invested, you’ll never reap the benefits.
Career
One of the most popular mistakes made by entrepreneurs is self-reflecting on where they are at in their career in business.
Like learning a skill or progressing in anything else, there is a bit of a process to reach certain milestones in business.
Think of this like doing your first jump on a snowboard, doing your first 180, then 360, and so on.
With business, it’s the same way.
For example, making 1k/month, then 10k/month, then 50k/month, etc…
The reason this is so important is because of the opportunities you’re given. If you’re given a $10,000,000 opportunity, but you’re only making 1k/month, your chances of failing are super high.
If you don’t make the progression, learn the lessons, build the capital, and gain the knowledge required to jump to a higher stage, then you’ll fail when you try to do too much.
Speed of Implementation
If you haven’t already heard of this, it’s something that could be holding you back tremendously.
Implementing different tactics for marketing or tactics with AI is all based on speed to keep up with the pace of things.
Think of Facebook ads switching to TikTok, and how many companies switched platforms when TikTok became the new big thing.
If someone is trying different tactics more often and faster than you, whether or not they’re working perfectly, they are going to out-compete you because of how much they are trying and actually doing.
It’s a super simple tactic, but one of the most important for success.
Compare implementing things to timing.
If you aren’t fast enough to implement something into your business, and you miss the timing, you’re easily going to lose the opportunity
Take advantage of these three tips this week!
-Cheers!
Cashflow Chronicles