Your success is guaranteed if you do this
b'Your success is guaranteed \\u2013 if you do this \\u201cHere is a rule that will guarantee your success \\u2013 and possibly make you rich: Invest 3 percent of your income back into yourself.\\u201d That\\u2019s great advice from Brian Tracy. I\\u2019m going to show you the formula that can double or triple your income. Stocks, bonds and mutual funds are for conservative people who just want to protect the money they already have.\\xa0 I will describe the only investing strategy I recommend if you want to exponentially increase your income \\u2014 investing in yourself. It will work for you whether you are employed or in your own business.\\xa0 It will work whether you make $10/hr or $1 million/yr. \\xa0\\n Can I use this principle if I\\u2019m only making $12/hr?\\n What two books should I start with for my personal success library?\\n I can\\u2019t even pay my bills \\u2013 how can I do this?\\n When can I stop investing in my own growth?\\n \\u201cPoor People Have Big TVs. Rich People Have Big Libraries.\\u201d Jim Rohn \\u2014 Tweet This\\n Show Notes: Summary:\\n In this episode, Dan Miller sets this week off with a solution to the question, \\u201cHow can I achieve success now?\\u201d His response\\u2014investing in your own self-development. Dan describes the value of spending 3-5% of your income on your own personal development. This can range from buying a few valuable books a month, to joining an online course, all the way to signing up for the most prestigious self-development retreats with highly esteemed coaches. Regardless of what your budget can afford, the return on your own personal development will always outweigh that initial cost. Tune in find out the value of investing in yourself, today.\\n Sponsored By:\\n FreshBooks is offering a 30 day, unrestricted free trial to my listeners. To claim it, just go to https://www.freshbooks.com/48days\\xa0\\xa0\\xa0\\xa0\\n Time Stamped Show Notes:\\n 01:13 \\u2013 Preview of Today\\u2019s Show on \\u201cYour Success is Guaranteed \\u2013 If You Do This\\u201d \\u201cHere is a rule that will guarantee your success \\u2013 and possibly make you rich: Invest 3 percent of your income back into yourself.\\u201d That\\u2019s great advice from Brian Tracy. \\u201cI\\u2019m going to show you the formula that can double or triple your income. Stocks, bonds and mutual funds are for conservative people who just want to protect the money they already have. I will describe the only investing strategy I recommend if you want to exponentially increase your income. It will work for you whether you are employed or in your own business. It will work whether you make $10/hr or $1 million/yr.\\u201d Can I use this principle if I\\u2019m only making $12/hr?\\n What two books should I start with for my personal success library?\\n I can\\u2019t even pay my bills \\u2013 how can I do this?\\n When can I stop investing in my own growth?\\n \\u201cPoor people have big TVs.\\u2014rich people have big libraries.\\u201d \\u2013 Jim Rohn\\n \\n 03:22 \\u2013 Investing in self-development is the most valuable investment\\n 03:46 \\u2013 Improving yourself is where you want to start to improve your life\\n 04:42 \\u2013 Every week, Dan gets messages from people who are not happy with their jobs\\n 05:55 \\u2013 Dan uses wild turkeys as an illustration\\n 07:28 \\u2013 Success can have a short cut\\n 08:11 \\u2013 Dan attended the Tribe Conference a few weeks ago\\n 08:31 \\u2013 Dan goes to conferences to invest in his self-development\\n 09:46 \\u2013 Some people tend to invest in things instead of themselves\\n 10:37 \\u2013 Commit to your own self-development and let Dan know the results\\n 11:09 \\u2013 \\u201cHere is a rule that will guarantee your success \\u2013 and possibly make you rich: Invest 3 percent of your income back into yourself.\\u201d\\n 12:13 \\u2013 Dan is confident that there are ways to make the 3% a budget item\\n 13:12 \\u2013 Start reading books like, See You at the Top and How to Win Friends & Influence People\\n\\n 13:30 \\u2013 Start your own success library\\n 14:59 \\u2013 Income from $15/hour yields a monthly $72 self development budget\\n 16:09 \\u2013 Write down your income and identify things you already do to invest in your growth\\n 17:16 \\u2013 \\u201cReach beyond what you think you can afford\\u201d\\n 18:26 \\u2013 If you can afford it, schedule sessions with coaches\\n 18:39 \\u2013 When Dan went through the most horrific financial experience of his life, he started reading books again\\n 18:48 \\u2013 He was 40 years old and hundreds of thousands in debt\\n 19:04 \\u2013 He started reading and listening to positive books and material, 2 hours per day\\n 19:38 \\u2013 5% of $65K/year can afford you to get an online course program\\n 20:51 \\u2013 5% of $100K/year can afford you health coaches, art classes, and getaways to review your annual goals\\n 21:50 \\u2013 5% of $150K/year can do classes at Oxford, trips, and other personal enrichment activities\\n 23:07 \\u2013 5% of $300K annually can afford you week-long spiritual retreats\\n 23:22 \\u2013 5% of $600K can afford high-end retreats with Tony Robbins, Brendon Burchard, or Dan Sullivan\\n 24:02 \\u2013 Dan shares a story from his mastermind\\n 24:53 \\u2013 Dan and his wife just got back from the cruise\\n 26:47 \\u2013 $1M equates to $50K for a self-development budget \\u2013 you can try Joe Polish\\u2019s Genius Network and go to some other retreats\\n 27:23 \\u2013 Darren Hardy also finds it challenging to find ways to personally invest in himself\\n 28:48 \\u2013 If Dan stops learning, he\\u2019ll be of no use to anybody\\n 29:02 \\u2013 Dan detests going to the mall\\n 29:27 \\u2013 Investing in knowledge is something Dan spends money on\\n 30:11 \\u2013 Spending vs. Investing\\n 30:34 \\u2013 Dan expects you to get 10x back from that investment\\n 31:32 \\u2013 Purchasing material things leads to depreciation\\n 31:51 \\u2013 \\u201cReach beyond what you think you can afford\\u201d\\n 32:21 \\u2013 Dan describes the principle on which he launched the 48 Days Eagles site\\n\\n 33:02 \\u2013 You don\\u2019t have to invest in 48 Days but Dan wants to know where you will invest your 5%\\n 33:46 \\u2013 Dan knows that putting a stop on the investment means stopping his own personal growth\\n 34:40 \\u2013 Ask Dan the ways in which he invests the 5%\\n 35:15 \\u2013 Dan closes today\\u2019s podcast\\n 3 Key Points:\\n Reading is a great way to invest in yourself that is also budget conscious.\\n Investing 3% to 5% of your income into yourself can yield to a lot more opportunities and growth.\\n Material things lead to depreciation\\u2014self-development leads to appreciation.\\n Resources Mentioned:\\n To ask Dan a question for the podcast \\u2013\\xa0AskDan\\n\\n \\nThe new 48 Days Eagles site \\u2013 This is the best place for moving your career forward\\n Make money and serve as a 48 Days Seminar Presenter\\n\\n Go to audible.com/48Days and get a free audio of Zig Ziglar\\u2019s See You at the Top!\\n\\n \\nFreshBooks is offering a 30 day, unrestricted free trial to my listeners. To claim it, just go to https://www.freshbooks.com/48days\\n\\n \\nCoaching with Excellence \\u2013 May 25-26, August 31-Sept 1, 2017\\n \\nInnovate \\u2013 May 11-12, 2017\\n Credits:\\n Show Notes provided by Mallard Creatives\\n \\xa0\\n The post Your success is guaranteed \\u2013 if you do this appeared first on Official Site Dan Miller.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'