Puff the Magic Dragon…

…lives by the sea; and so do most of the assholes that try to sell you get rich quick schemes, wealth without effort, manifesting secrets etc, etc, etc.

They live in Boca Raton, Fort Lauderdale and San Diego. Some live in the mountains and lush desert resorts, but you get the point. All I'm saying is that if they're living the high life it's probably due to much more than just wishing, and hoping, and manifesting, and positive thinking. Once in a while someone wins the lottery, but most of the recipe for success consists of 10 parts hard work with equal parts failure, frustration, disappointment, doubt and fear blended vigorously.

Oh, and some of the assholes I've seen in this world simply inherited money from their parents and haven't blown it all yet. If they're good marketeers they may even expand their inheritance several fold. It's easy to "go with the flow" when you were born on the river of plenty. By the way; you can sell anything if you've got enough capital to sustain a global marketing campaign.

Before I launch into my tirade; there is something to be said for "going with the flow." If you're relatively relaxed, open to new ideas and experiences and enjoy a relatively balance life you're going to be healthier, more engaged and more energetic. Your brain will generally work better so you'll make better decisions. You'll see abundance and opportunity where others might see scarcity and danger.

My mission today is to make sure you don't throw good money down the tubes on teachers, seminars, books and DVDs that promise to reveal the secret technique to success, health and wealth.

If you really want some secrets, here they are for free:

• Find someone who was successful doing what you want to do. Do what he did.
  
• Once you fully commit to a goal; keep going until you reach it.
  
• Accept failure as part of the game.
  
• Recognize small successes along the way and reward yourself for them.
  
• Do the right thing and you'll always feel better than you would if you did the wrong thing.
  
• Two heads might not be better than one, but two brains are. Make sure to surround yourself with good brains.
  
• Treat people with respect. All people; those above you, below you and around you.
  
• Work really, really, really hard.
  
• If you really want the easy life, find something you really love to do and work really, really, really hard at that.
  
• Give unconditionally; especially love, respect and wisdom. Giving is what you do now; rewards are what might come later.
  
• You're not entitled to anything but opportunity.
  
• Be here, right now and enjoy.
  

I may have just saved you several thousand dollars and many hours of study and research! That's how I learned these secrets. Many of these secrets came to me from ancient martial arts masters who were experts at doing things very well and maximizing human potential. Others I learned from generous teachers, bosses, mentors, peers and small children.

So…I'm saying you should never buy motivational books, attend self-help conferences or watch inspirational videos, right?

Wrong. I also learned many of these "secrets" from seminars, videos, great speakers and my Dashboard University.

Invest as much time and money as you're comfortable with on books, programs and seminars. Just be sure you're spending with your head and not just your heart; particularly when your heart is empty. Moments of emotional, spiritual and material poverty and desperation are not the best times to commit resources you don't have on promises that may or may not be realized. You may have more fundamental work to do first.

Make sure your expectations are realistic and that your motivation is internalized and sustainable. Start with a practical inventory of your resources and invest your time, money and energy based on a rational assessment of your current position. I encourage big goals and grand adventures; just be sure you prepare and provision for the expedition!

Finally, beware of the bullshitters! There is no authentic success without hard work. These days the most co-opted and exploited philosophy is the Law of Attraction. Can you really expect to manifest wealth by cosmically aligning your energy fields and mental state with the quantum field of the universe? Is the universe really some kind of psycho-metaphysical vending machine?

Come on. Think about some of these claims and apply your bullshit detector.

The Law of Attraction does work. You do tend to attract more opportunities when you're in a positive frame of mind. Negativity is blinding and narrowing. Positivity opens you to possibility which in turn improves probability of success. If you're a positive, creative and energetic person you're likely to find other positive, creative and energetic people; and those are the people who get the work done!

The Law of Attraction, however, is dependent on one ancient principle the great Chinese philosophers called "kung fu."

A good translation is: WORK.

The Law of Attraction is an action philosophy. At least that's what Napoleon Hill taught and he was the one who coined the phrase. The Law of Attraction is the result of a process of self-perfection. Making yourself a better person creates value for yourself and those around you. People are attracted to you because you offer greater value when you're a better person. You're open to greater opportunities because you train yourself to recognize them and you're constantly preparing to take advantage of them.

Self-perfection is hard and endless work. Enjoy it; it's worth it!

Here's what you should reasonably expect from motivational teachers, seminars, books and other materials.

• Inspiration and stories that motivate you to action. The first action is to internalize the motivation.
  
• Examples for what to do and how to do it.
  
• Systems and techniques that may make your journey to success more efficient or less painful.
  
• Validation of feelings of pain, suffering, frustration and failure. The knowledge that you're not alone and that successful people have these same feelings.
  
• Encouragement to continue on your path if it's the right one.
  

If you're willing to invest blood, sweat and tears along with a few bucks, then find a teacher, coach, book or seminar that makes sense to you and go for it!

If you're looking for a shortcut to fame and fortune; go to Vegas; you've got just as much of a shot as anyone else.

Jim Bouchard
Speaker, life-coach and author of Think Like a Black Belt and Dynamic Components of Personal POWER!
www.JimBouchard.org

How to Make a Million, without Spending MORE…

A few years ago I sat at my computer performing the excruciating but necessary year-end bookkeeping review for my martial arts business. I was fully immersed in the tedium of correcting account assignments, reconciling bank statements and trying to remember what the heck I spent $49.95 on that ended up somehow in unassigned expenses.

Just for fun I punched up a profit & loss statement and entered “ALL” in the date range. I thought; let’s take a quick look at the big picture. To my surprise and I must say, with a tinge of pride the gross income total was just a whisker over one million dollars. I had made my first million!

It didn’t seem to make sense. I still hadn’t drawn a real paycheck on any consistent basis. I had no cash reserves and the only profits I’d made existed only on paper. Thankfully before I put a deposit on my Learjet, I took a good look at my gross expenses, debt service and balance sheet. I had indeed made my first million; but it had taken a million and a quarter to do it!

Here are a few tips from my How to Make Your First Million as an Entrepreneur without Spending More than a Million to Do It seminar, whew! I share my experiences and offer some advice with the hope that you’re your day of becoming a millionaire will be a little more satisfying than mine!

1) Ever hear the scalded frog story? Debt works the same damn way!
Borrowing a large sum at once may be a challenge to a new entrepreneur, but it’s all too easy to borrow small sums and those small sums can add up to big debt. It’s very easy to use unsecured credit, lines of credit and credit cards to dig a big credit hole.

If you dropped a frog into a pan of boiling water he’d jump right out. Put him in a pan of cool water and slowly turn up the heat and he won’t notice the gradual change; despite becoming a par-boiled frog! In the same way short borrowing can turn you into a par-boiled entrepreneur.

Part of the problem is that debt service on your principal doesn’t show up on your profit & loss statement. It does reduce the liability on your balance sheet, but only interest is an expense. Be sure to create full cash flow reports with all debt service, principal and interest included, to see where your money is going. This is how you can inadvertently create “paper profits.”

2) Family business is above all, business.
You’ve no doubt had someone tell you never to do business with family or friends. From personal experience I may be inclined to offer the same advice; but for many of you involving family and friends may be a great way to get started or expand your business. Before accepting help from family and friends there is some business you should take care of.

In matters of business treat family like strangers. That means above all get everything in writing. Nothing can destroy a business or a family faster than leaving business matters to trust. Blood may be thicker than water, but ink is thicker than blood.

In writing establish how the business relationship will start and how it will operate. Clearly define rolls, responsibilities and distribution of revenues. At the beginning, establish in writing how the business will end. Provide clear exist plans for each person involved or investing in your business.

3) Contrary to popular belief, your passion does not always make a great business and you need more than passion to succeed.
There are a lot of books, seminars and speakers that teach that the key to success is to find your passion and pursue it relentlessly. Well, not exactly bullshit but not exactly true every time. Your customers don’t necessarily have to care about your passion as much as you do; but they have to care enough to want to buy it! If there aren’t enough customers who want what you love and you still want to pursue your passion; you better be prepared to move.

The next problem with this line of thinking is that there are people who are extremely passionate about something, but just plain suck at it! An essential part of creating your vision of success is to identify your talents and abilities. You’ll also need a good inventory of your material, emotional and spiritual resources to make sure you’ve got what it takes to get where you want to go. If you find you lack the talents and abilities to make a living at your passion, make it hobby and enjoy it! Hobbies are an important component of emotional and spiritual wealth. Chasing off creditors and worrying about keeping your home while you try to save your business of passion is stressful, unhealthy and just plain sucks.

I’ll support the theory that passion is an important part of success. Rationally assessing your passion in relation to your talents, abilities, resources and market is just as important.

I’m not throwing water on your entrepreneurial fire. If your talents and abilities are raw, your first step may be to develop those talents. If you’re lacking in resources, you may set short-term goals to increase these resources. If you truly believe in your ambition and you have the courage to risk failure, you’ve got most of what it takes to make it as an entrepreneur. You can learn the rest.

Passion without balance becomes obsession. With focus, timing and some planning your passion can fuel your greatest success.

Join Jim Bouchard, America's Black Belt Powervator for a special webinar on Business Expert Webinars:
How to Make Your First Million as an Entrepreneur…Without Spending More than a Million to Do It!

Click here for details and to register!