Are you afraid to ask? What if I ask and they say no? Well, as I always say "It's always a NO unless you ask!"
So today, as I mentioned earlier, I want to open our playbook/contact list and I want to tell you about more men that you can go to and ask!
Years ago, I asked John Lee Dumas of Entrepreneur on Fire if I can be his guest. Well, after trying a number of times, he said YES and I have been there FOUR times already! Check out JLD here https://www.eofire.com/
If you need anything about grants David Kincade can help you! Check his site here https://albertabusinessgrants.ca/.
Another guy of character that can teach you about your camera and everything related to it, contact Kyle Shultz here: https://shultzphotoschool.com/about/
He's no longer with ISI but I still want to promote him! Vincent Pugliese has a new book and he's the man! Go get his book here http://thefreelancetribe.com/
Topics:
Accountability,
Character,
Relationships,
Significance,
Priorities,
Tips,
Commitment,
Clarity,
Decisions,
Crossroads,
Encouragement,
Leadership,
Guide,
Determination,
Perseverance,
fingerprint,
Opposition,
Legacy,
Value,
Rejection,
Ask
Just jump in! Just start and launch! More often than not, before we do the thing that we would like to do, we are still waiting for that "map". That map for us to have the clarity. But guess what, you're not gonna find clarity! You're not gonna map this thing out and know exactly what it's gonna look like to get started.
How many of you out there today you're looking for clarity? If you think you're going to get it to a position to where you know exactly what it's going to look like and it's going to be safe and it's going to be secure, it is not going to happen!
Topics:
Motivation,
Relationships,
Success,
Significance,
Priorities,
Tips,
Commitment,
Move Forward,
Preparation,
Discipline,
Clarity,
Development,
Self Development,
Encourage,
Encouragement,
Risks,
Leadership,
Guide,
Determination,
Perseverance,
Vision,
Obstacles,
Purpose,
Branding
So, what do you do when you're stuck? Get people around you, ask plenty of questions, set your pride and ego aside, and go out there and live the life that you've wanted to live. So, if you're stuck today get those people around you. Change that mindset and be willing to not compare yourself to other people.
Topics:
Life Coaching,
Motivation,
Masterminds,
Community,
Relationships,
Success,
Significance,
Priorities,
Commitment,
Move Forward,
Blueprint,
Clarity,
Development,
Burden,
Decisions,
Crossroads,
Encouragement,
Discouragement,
Guide,
RoadMap,
Growth,
Determination,
Perseverance,
Trusted Advisor,
Advice,
Network,
Obstacles
Do not be afraid of doing something new. If it doesn't work out right well okay, you can say, "Hey, I tried!" If it didn't work, pivot change. Do something else but do not be afraid that it's going to fail. Do not think what other people will say or how they are going to view you. Do not allow any fear to keep you in a place - a place that you're not going to experience the life that you want. It's okay to make a mistake. Failure is in not trying not in not succeeding. Shift your mindset! Go out there and go for it. I want to encourage you today to stop being afraid. Pull the trigger! Do something, try something, do it methodically, don't think you have to do it all at one time right. If you're in a spot that you don't enjoy, transition slowly. Get accountability, get people around you that can help you. Incrementally implement a process and a system and a plan that you can work your way out of where you're at.
Topics:
Motivation,
Masterminds,
Significance,
Priorities,
Tips,
Move Forward,
Clarity,
Development,
Self Development,
Burden,
Decisions,
Crossroads,
Encourage,
Encouragement,
Be An Encouragement,
Guide,
Determination,
Perseverance,
Execution,
Trusted Advisor,
Experience
I have had about a dozen partnership over the years of me doing business. Don't let people stop your dreams when they tell you that partnerships don't work. That's not true! If they are carefully planned and structured. There has to be an operating agreement!
Here are some tips and things you need to consider so you can create a great partnership.
1. What is the business evaluation formula if we decide to sell? Deposit/length of time/interest rate/etc ( This should be a price that dissuades the partner to sell, not rewards him)
2. What if one partner develops a competing product? Does this negate the partnership? I suggest a length of time for a no non compete.
Who owns the product and platform if you dissolve? What happens if one partner dies?
3. Do I have first right of refusal if the other partner wants out? Will the same evaluation formula be used? Historically, you are penalized when leaving prematurely. This always encourages the partnership to remain in place. It keeps each partner from plotting an early exit. Keeps everyone honest.
4. If a cash influx is needed from the partners are you agreeing to bring your % equal to your ownership %? How much time is allotted for your contribution? What is the plan if the partner says I don’t have or do not want to contribute additional capital?
5. How will the profits/proceeds be distributed? This is a big concern. I suggest a % be distributed and a % be reinvested back into the business. Don’t establish a dollar amount, it always changes as the business grows.
6. When will profits be distributed? Monthly/Quarterly/Annually?
Your needs will always be different. A formula for distribution of profits needs to be in place regardless of your needs. Never distribute based on needs of the partner, this will cause hardship and confusion. Distribute on a schedule.
7. What is the job role/responsibilities, of each partner? Write them out.
8. What is the process if the partner falls on hard times and wants to sell? Non elected, forced ( Bankruptcy, divorce, health, etc..) Formula for evaluation/terms/first right?
9. Is there a dispute clause if you reach an impasse? Or, majority owner holds the red button? This could be a phased approach. 1. Owners decide 2. Trusted advisors decide ( predetermined) 3. Arbitration
Where will the partnership be incorporated?
10. There should be a vision/mission/core values.
You cover these big topics and your future life will be much better, I promise.
Topics:
Business,
Accountability,
Business Coaching,
Balance,
Success,
Significance,
Priorities,
Blueprint,
Preparation,
Discipline,
Clarity,
Decisions,
Crossroads,
Wisdom,
Encouragement,
Guide,
RoadMap,
Communication,
Growth,
Perseverance,
Execution,
Obstacles,
Evaluation
