When you plan to construct a home, you will likely read a blueprint that explains exactly how to bring the idea to life in real time. That is the poor man’s technique. The rich man will not start by reading the blueprint. The rich man will begin by analyzing the desired location. Is it a floodplain. Are there frequent tornados? Does the neighborhood attract burglars? Crime rate? How about the frequency of erosion resulting from Mother Earth’s showers? The rich man and woman are able to identify weak points before fortification.
Take the same concept and apply it to your life right at this very moment. The world is full of rich and poor people. The problem with the world is the poor aspire to be rich but approach said task blindly. Searching for that special formula to success; trying to mirror the actions of a past greatness. What they forget is that, like location, each person is different and withholds their very own set of strengths and weaknesses. In other words, we all have something unique to us known as personality. Each of which requires special attention.
No matter how great an author or mentor, role models will only be able to guide you so far. Education acts as your personal blueprint. In order to successfully build a foundation for greatness, you must understand both the blueprint and the weak points of your own personality.
For example, upon taking several personality tests, like 16 Personalities (which I highly recommend), I discovered that I’m more of an introvert, as opposed to the opposite, being an extrovert. Frankly, I had already figured but more than that, I was reintroduced to one of my underlying weaknesses that I have never been able to avoid. The nature of being Tracey Bernard Mathis forces me to dream big! So big that when I wake up, I have a never ending list of things that need to be done to ensure my success. The issue? No matter how many I tasks are completed, it’s never enough.
Yeah, yeah.. big deal, I’m productive. No. It’s counterproductive because I always feel that there is more to be done. I struggle with giving myself well-earned breaks. The result. I am forced to fight the new battle of anxiety.
No big deal right? Wrong. I love weight training and physical fitness but periodic anxiety and stress make it difficult to eat like a normal human, causing me to suffer in the weight room. Smaller physique…less confidence.
You see what I mean by understanding your personal weaknesses? We all have limits and things to improve on. If we neglect to address them and act appropriately for improvement, we will cause ourselves an unnecessary amount of hurt and pain.
As always, I am going to pose another challenge for you to make an adjustment for the better. Take the short personality test, and study yourself. Learn where you should direct more of your energy and how to avoid future problems. This will provide you with a far more fortified blueprint to wealth, health, and happiness.
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As an entrepreneur, you have the sole responsibility of accepting change. You need the ability to flex. Mutate. Sometimes even alter your ego in order to get out of the mind’s complacent state.
According to Gary Vee, an entrepreneur is defined by his actions, not his intentions. If you dream of someday becoming an entrepreneur, simply dreaming does not make you any different than who your currently are. In #AskGaryVee, Vaynerchuk states that if your work a full-time job, you are not an entrepreneur. Point blank. No Argument. Frankly, I feel that although this statement serves true, it is merely circumstantial.
Entrepreneurship should not be defined by your occupation. Not having a full-time job does not make you an entrepreneur either. Working part time does not entitle you to make more money than the next person, but what I feel Gary Vee is trying to say is if you are stuck in the life of working fo someone else full time, you will never become a successful entrepreneur. Do your research and you will find that all entrepreneurs have one thing in common in regards to their journey. They disliked their corporate job so much so that during all of their free time, they began to build. Not envision. You can envision and plan all you want but if you aren’t taking concrete actions, you can’t be labeled as an entrepreneur.
Many entrepreneurs begin as full-time employees who began building onto an idea. Upon doing so, they gave themselves the opportunity to leave their previous work. Not that they became wealthy right out the jump, but that small leap gave them enough space to take a step back and really lay down the foundation for their future.
Think back to the college days. Chances are you weren’t involved with much work. Workstudy doesn’t count. It’s merely a way to get some extra beer money. *Joking* Work study isn’t bad,; it builds responsibility and time management skills…but do you remember those days when you lacked any TRUE responsibilities? All you had to do was wake up and go to class for a few hours then hang out the rest of the day. A corporate job and adult life takes this away from all of us and we lose hope of ever becoming something truly great outside of a boss level manager. This realization is what gives rise to many entrepreneurs.
If you feel constricted by work, consider entrepreneurship. If you really want to make your dreams come true, consider entrepreneurship. It’s easy! *Not Really* But it is! It’s easy to make the decision to set a goal to make your dreams come true but it’s hard to not succumb to the lazy mentality of the middle class. Don’t get me wrong, the hardest workers are middle-class families. On the other hand, the smartest workers are the ones making world class bucks. The entrepreneurs that realize that their boss is not better than them. So why can’t they start something new? Why can’t they invest in stocks while everyone else says they are too risky? Why can’t they leave their “secure” job to build a company from scratch? Why can’t they use their creative mentality to begin designing and consulting privately and make $20,000/month?
They can and they do. Entrepreneurs are born to want more than others and most of the time get what they desire. Sure they fail and may go bankrupt for the first year or two. But look at them four years later and you will be at their feet pleading for answers. Working hard pays off. Working smarter pays on.. and on.. and on.
Next time you see a wealthy entrepreneur, don’t ask for the secret formula, ask how to enjoy the journey during both rain and shine. Ask how to stay motivated when nothing seems to be working. Ask how big of an impact believing in your practice will bring even when you have gone an entire year without profiting. Even better, ask them for their personal opinion on the correlation between a college degree and the person’s level of success. You will find that little to no effect exists, whats so ever.
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Having trouble with making decisions? Well, the longer you put them off, the greater suffering that your business will endure. Trust me, been there done that.. or actually seen that.
How long would you estimate that it takes for an entrepreneur to build a successful business from scratch? 4 Years? 6? Mabey even 7 long years of hard work? In some cases this may be true but if you look at the wide array of successful entrepreneurs that we have in the world, many of them tell a similar story. Either they had huge success and profit gains after 3-5 years of dedicated work or they worked extremely hard for 10 years and got nowhere until they decided to change their way of doing things. This change is the key to business success.
Although small, the key is to avoid not making decisions. Business owners have to make the toughest decisions but if they spend months pondering on them, they literally get nowhere. I’ve personally watched my dad struggle with this issue for years while running his landscaping company. He does unreplicable and outstanding work on yards so you would think his business would explode in value. Truth be told, it did…several times but was held by due to my father’s decision to not make the change. He feels that without trustworthy employees, you can’t make time to take on the additional clients. Alternatively, because we don’t have the clientele, he feels that hiring the employees is a step back for the sake of profit.
You see the ever repeating cycle? He’s been struggling with that issue for nearly 6 years. What makes the problem even worse is that there are landscaping company’s, birthed around the same exact time as my father’s, which are grossing millions in profits. If that doesn’t make you want to change, I don’t know what will. Decide to make the decision. Stop coming up with excuses saying “What if I fail?”. The true question should be “What if I Succeed?”.
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If you are an entrepreneur of 2016, one thing that you must be doing is getting involved with social media! Specifically Snapchat, which is literally exploding with potential. Snapchat’s story allows you to reach out to every person who has added you, almost forcibly nowadays! It’s virtually a youtube channel that has nearly 100% viewership of its subscribers. Crazy right?
More likely that not, you already have a Snapchat account but the real question… Are you providing true value, entertainment and wisdom to your viewers? If so, are you making your Snapchat story readily available to other users whom could benefit from your story? If not, you should!
You may be wondering how exactly you would get more people to add your Snapchat but there are several ways, three of which I personally recommend your use.
Page Banners -If you already have a well-established blog or social network account, chances are you have a background or banner picture somewhere, often behind your profile picture. Luckily, you can use this to your advantage but placing a small snapcode in the corner of that banner for your followers to view. This is a great method for businesses with facebook pages and twitter accounts.
Other Social Accounts – A classic way to go about building your Snapchat following is by means of social promotion. Hopefully, you already own accounts across other popular social platforms, like Instagram, Facebook or Twitter. Use this to your advantage people! If you have 500 friends, don’t be afraid to ask them for the favor of a Snapchat follow. Post on your wall and share it with you favorite fan page. Pin your snapcode to your twitter. Post it on Instagram. You could even change all of your profile pictures to your snapcode. With your beautiful face inside, its perfectly fine!
GhostCodes – Ahhh, I’ve saved the best for last to benefit those of you who intended on reading this Snapchat guide entirely! There is a fairly new Snapchat directory app being used by some of today’s most successful social media stars and marketers. I personally learned about the app from entrepreneur and Social Media expert Joel Comm. It’s one of the easiest ways to discover new snappers who’s stories satisfy your desires and entertainment needs. Not to Mention an easy way to promote your very own Snapchat Account.
GhostCodes, which is invite only (Use the Code Above for Access), allows users to give Kudos if they enjoy one’s story. The more Kudos, the higher valued the Snapchat account and more followers the account will begin to gain due to its increasing publicity!
Have a Snapchat? Leave your Username in the Comments Below and Add Me! –> tracey5259 If This Post was Truly Helpful, Leave a Like to Let Us Know!
So you want to get into real estate? You’re not alone. The market is oversaturated but depending on your location, it can be very profitable. Luckily, here in the city of Nashville, Tennessee, all you see is growth, more or less. New hotels and homes popping up around every corner. The value of your home nearly doubling. Crazy things like that allow the average real estate agent to sell over 10 homes in a single day. Yes, that did happen.
So what should you learn first about real estate? Well , it varies to what kind of real estate you want to get into. Do you want to buy tons of land and watch the price soared through the roof in a few years or are you more keen on playing it safe and buying bellow the market value to renovate and immediately sell for profit? Whatever it be, you can divide the two mentalities into two categories. Speculation and Investment.
Before getting into each, understand that real estate in itself is an investment, even if you are only looking for the home of your dreams. Speculation is fairly self-explanatory. You’ve done the research and have studied the market so well that you pretty much get the feel of how much a home is worth. Luckily the way the world operates is that not everyone lives a dandy life. Some go through hardships like divorce but there is one in particular that works in your favor. A thing call foreclosure. For whatever reason, if a homeowner can no longer make mortgage payments, the home will be seized by the bank and placed on the market. Due to high frequency that this occurs, you can often find a great deal on a home. If you recognized the home is being sold for less than its market value, you can seize the moment through and be rewarded for your speculation.
On the other side, and sometimes not so “other side” of things, you have the option to make a flat out investment. Sometimes this is paired with speculation but for the sake of the process, people take on investments to satisfy a vision. They examine a home and find that is could use some renovating. New floors. New wall paint. Granite counters and a new stove top. Often, it can be the small, outdated items that you replace which will make a less than appealing home worth more than you put in. Hense investment. On the downside, you also have to know a lot about home renovations before you consider investing in a home. You must be able to identify repair costs upon sight in order to get an idea on your potential ROI, also known as return on investment.
Think You Know More About Real Estate? Leave Comment with Your Thoughts and Recommendations! Have a question or post suggestion, send it to my Snapchat –> tracey5259 If This Post was Truly Helpful, Leave a Like to Let Us Know!
Want to determine what kind of person you are. When you picture summer, what do you see? Non Stop fun or A season of opportunity. Obviously, the two parallels are separated with age differences of adults and children but the mentality is what truly matters.
Yesterday afternoon I had some great questions arrive at my Snapchat inbox. Some from high schoolers and others from fellow college students. One question, in particular, stood out amongst them all which I felt needed to be addressed. Her question being “What are some useful things that students can do during the summer to help prep them fro the future?” Such a brilliant question that ever student should ask, hopefully as a freshman! Of course being a college student myself, it is only right that I offer my entire opinion.
Firstly, you will want to layout your future and redefine the term on useful. Where exactly do you want to see yourself in the future? How soon will that future arrive? For some, that may be 15 years while others may only have the patience for 5. Upon answering those questions you should consider “useful” to only be conditional. There are several activities that one may consider beneficial while others feel its plain redundant. Yes, this is a vague topic but its the truth. You have to answer theses questions prior to laying out the game plan.
In a hope of answering this question for as many people as possible, I’ll break down a potential game plan for two college students. The First dreaming of become some form of doctor, whether they become an ophthalmologist or chiropractor. Alternatively, I’ll also consider the college entrepreneur.
As a student striving to become a doctor, you have to alter your way of life immediately. The medical field can be very rewarding but it nothing less than stressful. Trust me. I’ve lived in a home full of nursing students and have mopped several floors of tears. Not that it’s impossible, but you are dedicating the next 6-8 years of your life to your hopefully future profession. On top of the strenuous work, that particular line of work is very competitive, even for A students. *GET ON WITH YOUR POINT ALREADY!*
So if you fall into a category of college life like the student mentioned above, you are going to want to do two things during your summer and learn to sacrifice fun in order to get ahead of the future competition. Looking for possible internships is a must. Learn the practice as soon as physically possible. Yes. ASAPP. These will help to strengthen your resume. Don’t settle for the average internships. You want to do more than the other hundreds of people who think they are getting ahead of the competition are doing, if that makes any sense… Take the entrepreneurial route of documenting your journey. Blog. Do a big research project. Study. Do everything that will either make you smarter than the competition or more importantly, unique. Employers scroll through thousands of applications and resumes so if you don’t have something special to show for, you will be another one who bites the dust.
Secondly, network!!!! This is an its-who-you-know-world and if you get matched with a similar resume, you are going to want inside leverage. By knowing some people within the line of business you are in you give yourself a massive advantage. Point blank, you can check out the original post for more info.
If you are wanting to step into the shoes of a future investor, real estate expert, business owner, or flat out entrepreneur, you should already know what I recommend you do with your summer. Think, talk, dress, walk and literally live in the footsteps of an entrepreneur. Ask yourself where you want to be in 10 years and start acting like that person. Be humbly open to new opportunity. Understand that the key to success is diversification. Become a sponge for knowledge and spend every day reading books by your the best in the business. Listen to entrepreneur Podcasts, like EOFire by John Lee Dummas. Master something your not good at. Perfect something that you are already great at. The summer sky is truly the limit for college entrepreneurs and I suggest that you buy into your beliefs 100%, right now. You will make mistakes but its best to make them while you in college so that by the time you graduate, your living better off than your mediocre counterparts.
Expect a part II. This is truly a small question loaded with possibilities. If you are a college student looking to build your future even during the summer, just focus on doing what others are not. Friends see me blogging while in college, which is great. What they don’t see are the countless hours and early mornings I wake up to read a new book, write a 500-800 word blog post, listen to an hour of podcasts, still manage to make it to and from work, fill up pages upon pages of notes that strengthen my entrepreneurial endeavors and not think twice about sleep. That is how you must live your life, every day, not only summer. When others complain about a college project, you should be complaining that you finished your project early, read 2 books but sadly only managed to write half of your own book. It’s all in the mentality.
Thanks for the awesome question Annie! Please do me a favor and follow this dedicated college student on Snapchat to stay tuned with her journey to success 🙂 –> adorableannie0
Leave an Honest Comment with Your Thoughts and Recommendations. Have a question? Send it to my Snapchat –> tracey5259 If This Post was Truly Helpful, Leave a Like to Let Us Know!
Imagine waking up tomorrow financially free. The world is your oyster and you literally have relinquished yourself of all financial worries. You no longer rely so tightly on budgeting and now have to opportunity to pull 100% of your focus on building and enjoying your income. Truly envision how different your life would be. Even if you say money doesn’t matter, just imagine the freedom.
It’s mesmerizing, right? When’s the last time you took a minute out of your busy lifestyle to really consider what life would be like? Not necessarily being the richest person on the block but not having to worry about financial responsibility. Many people fake this lifestyle. They pretend everything is great but end up living above their means, causing unnecessary financial stress.
Most people aspire to become wealthy and obtain all the money they could ever desire but truth is, this is the wrong approach. That’s like looking forward to the housing market booming without owning any property. In order to achieve that future goal, don’t skip steps. Figure out how to reach that level of financial freedom first and worry about the rest later.
You may be thinking “this dude is crazy, making more money would solve all of my problems!” Well, your right in a sense but wrong in reality. Robert Kiyosaki, famous investor and author of “Rich Dad Poor Dad”, says that it’s not about of much money you make, it’s about how much money you keep.
Still not registering? Picture you have just founded a new restaurant that’s grossing $500k/ Year. A huge Success right?? Not if that money is going back out the door. Mabey your restaurant is spending $250,000/year on marketing. Still not bad… Until you consider taxes, wages, bills, and of course the physical product. Mabey a decent Lawyer? Top Notch CPA to keep track of the flow of funds? Next thing you know your CPA is informing you that your $500,000 business is only profiting $70,000. Now your a successful entrepreneur making less than middle-class income.
Moral of the story, if you don’t understand where your money is going, you will never find enough to supplement your financial issues. Sure some payments can’t be avoided but whether you admit it or not, you are pouring money into something leading to a big waste.
For example, say your lunch during a work day consists of a BigMac. You tell yourself that work is paying for the lunch so your not really loosing any money. Well, $6.00/day * 5 Day/week = $30/week for lunch.. That’s About $120/month or $1440/year
Maybe to some that doesn’t sound like enough of money to affect your life but what if you did something you’re not programmed to do with that same $120. You decide to invest it into a mutual fund instead of spending $1440, you would have made $300, not to mention living a healthier lifestyle. Sure that’s pennies to the end goal but that’s a simple concept that you should take note of.
Don’t take my word for it, do your own numbers. Hire a CPA and patch the holes in your bank account. If you manage to patch every hole you already begin to see a brighter light in the tunnel of life!
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