My Blog

I assume you are reading this because you are frustrated with the results so far in your business. You are not alone! Have you heard the statistics on how long most businesses survive? In network marketing 97% fail! 70% of businesses you see in your hometown or on the internet will be out of business in less than 5 years!!

You had better get educated right!? Whoa, watch it; you must know where to get practical education to get you on the road to success. What you actually need is valuable entrepreneur education.

Below I make some comparisons of valuable vs. useless education, try your luck at determining which is which:

• An MBA from Harvard business school or a $5,000 sales seminar with a self-made millionaire internet marketer?
• Being mentored by your uncle Tim who makes 6 figures at his high powered job as a marketing executive or Joe down the street who has his own business in town for the last 15 years and takes off ½ the year to travel for fun?
• Spending an afternoon listening to an audio CD learning the benefits of your product or an audio CD on how to identify and solve the problem of prospective clients?

You may hold a masters degree or even a PhD. Are you educated for success? I guess it depends on who you are talking to. If you are working toward success as an entrepreneur the answer is no!

Sorry, but it is pretty rare for someone who has been educated in a traditional university program to have a real world skills to make it in their own business. Ouch! That is not popular, nor is it easy to hear. Well, it is absolutely true. The self-made millionaire often is a much better quality option.

Personally, I have gotten more out of a 3 day seminar on marketing than in years of formal education. The millionaire seminar speaker has navigated the obstacle course of raw experience. Often the professors in universities live in the ivory tower of a secure paycheck and tenure. Usually they haven’t experienced the “school of hard knocks” an entrepreneur has!

Who you learn from makes all the difference in the world. In the above scenario with your uncle Tim, it may appear on the surface your uncle would be the better mentor. Careful here! If he does not work on commission, he probably will give your theory that has never been tested in the real world. Joe on the other hand will have all kinds of advice that he has tried and tested until he got results. Joe has a pretty nice quality of life and has persevered through challenging times.

I believe most business owners will choose to learn more about their product. This can be massage, vitamin packed juice or jewelry-almost any product fits here. Watch out! Of course it is important to be knowledgeable about your product; but when your business is failing, learning more about what you sell won’t fix the problem! You must educate yourself how to create demand for your product! Being or having the best in your industry means nothing if you don’t have customers!

OK, what if you don’t know where to find entrepreneur education that has value?
Start with the tried and true. There are many great gurus out there who teach timeless skills for being a successful entrepreneur. A few that have really helped me turn the corner to success are : Brian Tracy, T. Harv Ecker, Mark Victor Hansen and Dolf de Roos.

When your surround yourself with leading entrepreneurs like the ones above your life begins to change. Imagine having 24 hour access to these great mentors and many others. Click here to find out how you can! There is a saying; “You are the sum total of the 5 people you spend the most time with”. Immersing yourself with these guys and others like them will shift your life. Are you ready for change? It sure is wonderful on the other side!

I offer free 20 minute coaching sessions so you can further immerse yourself with successful people. Feel free to contact me, I am never to busy to help!