The Visionary Marketing Co-op On FBby Vigilant America Dope Social Entrepreneur Training
Part of the reason so many of us aren't making any substantial progress in our business careers is the fact we are stuck "in the silo." We get so caught up in trying to create a profit generating ent Recommended Features
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- Create a system for life-long income
Review on The Visionary Marketing Co-op On FB#the1conversation
The Visionary Marketing Co-op will eventually be a huge collective of people, resources, ideas, and energy. No matter how vast it becomes, it will never deviate too far from the core question it has been created to answer: What is the most efficient way to build a system that generates a life-long, sustainable income?
This is obviously a rhetorical question that will never be answered with a definitive response. No matter how great it is designed, every system can be improved upon. It is the job of everyone who participates in this project to continually improve on the systems we introduce to the collective.
As the founder of the group, I will begin the conversation by giving a quick synopsis of how I began the process of constructing my own system. I have been working on this for the past few years and I have previously published some articles about my concepts. As time goes on, I will continually refine my system using things I learn from my own experiences as well as ideas generated by my colleagues. The following paragraphs will serve as my current answer to this question.
The first step in building a system that generates a life-long sustainable income is to identify your own core competencies. Self analysis and self awareness are necessary before planning anything, especially something that can drastically improve your life. I am a firm believer in taking personal responsibility for your own success. The first step is to get to know yourself.
Next, you need to critically examine your current situation. A sense of urgency is a must. It is very important to begin the process NOW. You need to identify things that are practical in relation to your current financial situation, geographic location, and access to resources. If you are living paycheck to paycheck, you shouldnt try to fund a multinational conglomerate by yourself. If you live in Alaska, your system shouldnt involve surf boards and beaches. Set a few realistic parameters to establish a starting point.
The third step is to do some research on industries that interest you. The best way to avoid burnout is to find something you are passionate about. During this brainstorming exercise, you should be able to generate a nice sized list of potential money making ventures. After writing down 10-20 reasonable choices, narrow the list down to the 5 most realistic options. Next, do extensive research on all of them. Take meticulous notes and organize them because someone will want to read them in the future.
Step four is something I only discovered last year. You need to get a business coach or a mentor. Im talking about an educated and experienced professional, not just a friend or relative to pat you on the back. I have been working with my coach for a little over a year and my new venture has progressed in ways I couldnt have imagined. I thought a few college degrees combined with my previous entrepreneurial success was enough. I was super WRONG! My coach forced me to do numerous exercises and challenges that seemed pointless at the time. Now I see how everything fits together and I have devised a scalable business model that is built on a solid foundation.
In my opinion, once you have a good relationship with a reputable coach, the rest of the pieces should fall into place. There will be a lot of trial and error, but as we all know, the most valuable things in life require the most work.
Please feel free to add on to my post, and ask questions.
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Created on Jul 15th 2015 22:47. Viewed 1,101 times.
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