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How To Make The Leap From A Job To A Business - Part Two

How To Make The Leap From A Job To A Business - Part Two

FromThe Three Month Vacation Podcast


How To Make The Leap From A Job To A Business - Part Two

FromThe Three Month Vacation Podcast

ratings:
Length:
24 minutes
Released:
Sep 17, 2016
Format:
Podcast episode

Description

Having a vision is hard enough, but where most plans go off track is we scramble after every possible target. To keep our focus we have to have a hatchet person. But what is the role of the hatchet person? In Part 2 of this episode, we take a deeper look at focus. ------ Part 3: The Hatchet Person (And Why It Helps Focus) When you’re making a leap into the unknown, fear is the biggest factor. Fear of making enough. Fear of justifying the decision you’ve just made. Fear of not knowing enough—of wanting to learn more. It makes you eager to press every “buy now” button online, just so that fear can go away. But fear is only one part of the leap. The other is focus. And focus to me, is less about persistence and more about “getting rid of the distractions” Which takes me to my first mentor Dough Hitchcock—also my first hatchet person I didn’t know much about marketing, and at the time, Jay Abraham was easily one of the most well-respected marketers on the planet. There were other marketers, no doubt, but Jay seemed to be more eager to teach; to give. Among those hundreds of books I borrowed from the library, there was one by Jay Abraham. That led to me getting on his list, and buying a book—a big, thick, blue book—that cost $300. We knew so little that the first thirty pages of that book took us months to implement. But now we were well and truly on Jay Abraham’s list. I wanted everything he put out, so imagine the day I got this long sales letter (and yes, sales letters came in the mail back in 2003). He was having a seminar and to get a seat I needed to pay $5000 I should have been horrified. I lived in New Zealand. I was paying off this huge mortgage. $5000 in US dollars was approximately $11,000 NZ dollars back then. Plus there would be airfares, accommodation, transport and food costs involved. Yet I was happy to go and I excitedly told Doug Hitchcock about it. You know what happened next, right? Doug brought down his hatchet. He forbade me (as kindly as he could) from embarking on such a silly adventure. “What are you going to learn that’s worth $10k-15k?” he said. In effect he wasn’t stopping me from learning or buying into products, but he was certainly helping me focus. And being a hatchet person is not just restricted to money—which is the biggest struggle at the start—but also to other aspects. Most entrepreneurs tend to be restless They want to do it all. And I wanted to learn everything, do everything and promise everything. And that’s where my wife, Renuka, took over where Doug left off. To this day, I’m the one who conjures up dozens of possible products, workshops etc. and she gently cancels it off the list. t doesn’t mean we don’t push ourselves. We take the weekends off, take our breaks and our vacations, but when we’re at work we still put in a decently long day. I am so happy for those who say they spend just 15 minutes in the office, but I know that to create great work you have to labour over it and make it better all the time. And yet, this restless nature you need to have a hatchet person. Someone in your networking group could help Maybe a friend who you could meet. It could be a coach, but it doesn’t need to be a coach. In 5000bc itself we have a taking action forum and people post their three goals (yes, only three) and they work through it bit by bit. You’ll find that if you ask for help, you’ll get it, but expecting to figure out everything yourself is the hardest task of all. Your hatchet person has to have a single role To get you to cut the stuff that you don’t need, so you can focus on what you have to do. And trying to find a mentor like Doug, is a laudable task, but it’s often not necessary. Clients often mention that it would be wonderful to have a “Renuka” around, but when they say that, they’re missing the point. The point is that you live in a world where you may not have Doug or Renuka And that you still have to make the leap and keep the forward movement. You can’t hope and wish. You have t
Released:
Sep 17, 2016
Format:
Podcast episode

Titles in the series (100)

Sean D'Souza made two vows when he started up Psychotactics back in 2002. The first was that he'd always get paid in advance and the second was that work wouldn't control his life. He decided to take three months off every year. But how do you take three months off, without affecting your business and profits? Do you buy into the myth of "outsourcing everything and working just a few hours a week?" Not really. Instead, you structure your business in a way that enables you to work hard and then take three months off every single year. And Sean walks his talk. Since 2004, he's taken three months off every year (except in 2005, when there was a medical emergency). This podcast isn't about the easy life. It's not some magic trick about working less. Instead with this podcast you learn how to really enjoy your work, enjoy your vacation time and yes, get paid in advance.