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The other day I was talking with a friend about finding one’s purpose in life . . . An important and relevent question that many people are asking themselves as they become more self aware and interested in living up to their full potential.

But being me, I thought, the question, “What is my purpose in life?”  or any of it’s variations are not a very clear or concise way of phrasing the TRUE question our souls are asking. . . Words have power. . . intention. . . focus. . . and all that. . .

I had recently learned from a friend who had a life changing moment when he was talking to Bob Proctor when Bob asked him the question, “what if you could make your yearly income your monthly income?”

The point of that question was it challenged and shook up his entire way of thinking about how life works and how life ‘is’.

You want change or answers?  You need to ask the right questions.

So I spontaneously came up with what I thought was a better  more specific way of asking the universe (or whoever) that question… The wording goes something like this:

How can I best use the talents and gifts I have and want to further develop  so I can be the greatest good to all and have the most personal enjoyment and satisfaction from doing so?

Now the next step is to listen and pay attention to the answer the universe sends you back and you’ll be ready to move forward.

Posted under mindset

I normally don’t post other people’s stuff, but i thought this was good. . .

The idea of starting a business is alluring to so many people.  There is the vision of wealth, providing opportunities and security.  Also there is pride and purpose- knowing what you’re doing is for you and your family.  And of course, one of the most appealing reasons is the freedom of being able to work from home and choose your own hours.

These visions are wonderful and, in many cases, attainable.  In fact, according to the U.S. Department of Commerce, there are over 17.6 million businesses with one or more owners but no paid employees.
So why are so many aspiring entrepreneurs left on the sidelines?

It turns out, there are three reasons.

One, as you can imagine, is good old fashioned fear.  Fear of the unknown.  Fear of failure.  Believe it or not, fear of success.

The second reason is a lack of knowledge.  “Where do I start?” “I don’t have enough resources.”  “I don’t know anything about marketing.”

And the third reason, which I will be discussing in this article, is about the business idea, itself.

Business Idea Paralysis

What is business idea paralysis?  Quite simply, it’s a condition that prevents people from starting a business because they get held back in the idea generation stage.  Basically, they are stuck in neutral.  Below are the two most common reasons why:

The Pet Rock Syndrome

In 1975 a gentleman named Gary Dahl created a product called the pet rock.  Many of you have probably heard of it.  In case you haven’t, it was nothing more than a rock set in a box on some straw.  Within 6 months, Dahl had sold over 5 million of these pet rocks for $3.95 each.  It cost him less than 30 cents to produce the rock.  So, when you do some basic number crunching, he made over 15 million dollars in just 6 months - selling rocks.

What does this have to do with anything?  Well, quite a bit actually.  Imagine how much your life would change if you could sell something as simple as a rock and become a multi-millionaire in just 6 months.  Pretty tantalizing isn’t it?  Unfortunately, it has tantalized people so much that they never end up starting a business.  They only end up chasing their own “pet rock” gimmicks that never catch on.

The reason is simple.  Some people just haven’t been blessed by the idea gods.  The gods have failed to spring upon them the multi-million dollar idea that they believe they need.    No matter how hard they try to come up with the next pet rock, they can’t.  If you don’t believe me, take a look at how many get-rich-quick schemes are being sold today.  If people can’t think of the next great idea, then they will buy the idea from someone else.  Well, guess what?  It doesn’t work.  Mr. Dahl was an aberration.  He hit the winning lottery ticket.  Chances are you won’t.

After you have wiped the pet rock syndrome from your head, beware of the next, equally as paralyzing syndrome that can keep you from getting to business with real, tangible ideas.

Peace, Love and Happiness Syndrome

On the other end of the spectrum we have the peace, love and happiness camp.  This group is a little more realistic in their pursuit of a business idea.  Their problem, however, is that they love too many business ideas.  In fact, they love them so much that they can’t decide on the best one.  They become paralyzed by trying to figure out which idea is best, and ultimately, never try any of them.

These types of people, I have found, are extremely visionary.  They love to explore all of the different business angles and long term visions.  The problem is they don’t take action because their heads are filled with amazing ideas and forecasts for success.

If you fall into this camp, I have bit of advice.  Stop it!  You need to choose an idea and then let your mind run wild within the boundaries of that idea.

How Do You Find the Right Business Idea?

There are two schools of thought on how to come up with the right business idea.  I’ll discuss them below:

The Traditional Approach

The traditional theory for finding the right business idea states that you should find a need and fill it.  In other words, you need to pay attention to your surroundings and look to see where there might be an opportunity to offer a new product or service that people may need.  Once you do, that’s what you will build your business around.

There is no question that this method of generating business ideas work.  It has led to many great inventions and innovations over the years.   It is for this reason that pharmaceutical companies make billions of dollars.  They develop new drugs to satisfy a need, such as a heart condition.  You can also see the traditional approach at play with today’s green technologies.  New, “green” businesses are trying to fill the need for clean, renewable energy.

There is one problem with this method, however.  It can be quite expensive and time consuming.  First, you have to develop the product or service.  This includes spending a lot of time and money on market research and sampling.  Second, you have to spend a lot of money on marketing to not only introduce the product or service, but to also convince people that they really do need it.

If you’re a typical entrepreneur with limited funds and expertise, this may not be the best method of generating business ideas.

The Give Them What They Want Approach

There is a second school of thought about coming up with a business idea that in many ways is far less risky and is much less expensive.  This theory is based on the idea that you should come up with an idea that already exists.  Or, simply put, offer people a product or service that they are already buying.
Wait a minute, you may say, but doesn’t that mean there is more competition?  Isn’t the market already saturated?   Um, I would reply, tell that to Netflix.

In 1997 the originator of Netflix reportedly hit upon the idea for movie rental-by-mail when he was forced to pay $40 in fines after returning an overdue videotape of the film Apollo 13. Renting movies was not a new business “need” that needed to be satisfied.  In fact, Blockbuster had been renting movies for over 10 years, and in 1998 had served nearly 60 million people who rented more than 970 million movies and video games.

Netflix took a proven market (movie rentals) and simply enhanced the service by offering movie rentals by mail, with no late fees.  The result:  today, Netflix has over 10 million monthly subscribers while generating  an annual revenue of over 1 billion dollars.  Blockbuster, on the other hand, is struggling to stay afloat.

The point is that if you know what people are buying, a good business idea is nothing more than simply enhancing the product or service and/or marketing message.  It’s a lot less risky and more often than not, a lot less expensive.

About the author:
David Mickelson is the managing director of Entrepreneur Field Manual, a leading resource for entrepreneurs. He has been involved in every aspect of small business for 20 years. He has bought and sold small businesses, started small businesses, and consulted for small businesses. David graduated from Arizona State University with a degree in Finance.

You can visit his website at http://www.entrepreneurfieldmanual.com or check his daily business updates at http//www.entrepreneurfieldmanual.com/blog.
Article Source:http://www.articlesbase.com/entrepreneurship-articles/still-searching-for-that-million-dollar-business-idea-893432.html

Posted under Uncategorized

Sorry I haven’t posted in a few. . . I’ve been away at an awesome seminar for a week… Now back. . . so much to share and discuss.

But for right now, I’d like to share one of my ‘Mindset Mentors’ who is full of timeless wisdom.

Deepak Chopra.  Yup, that guy.  Take a look around his site - there’s a lot of really good information.

Here’s a link to a video he had with his son Gotham Chopra - really really good - observations on people who are completely out of touch with what’s going on around them - - - all that separation consciousness and much much more!

Posted under mindset

What you do for the next 700 or so days will determine what your money situation will be like down the road.

I see people getting caught up too easily to focusing on what is - especially what the mass media tries despirately to convince you of what the state of the world is.  In this instance I’ll be referring to the Economy.

Here’s where you need to pay attention. There are 2 economies.

1. The Economy - which is what the mainstream media screams in your face on a daily basis.

2. Your Economy - which is what you think and do everyday.

Economies, like anything in life are cyclical.  It just so happens that we’re in a trough right now. There are always growths and recessions. . . booms and busts.  It’s natural.

Those who flourish in these so called ‘down times’ have a mindset of eagerness and abundance and positivity.  We are focusing on all the amazing opportunities around us in a ‘been waiting for this’ attitude.

Pay attention to trends - like how people want more fuel efficient cars and cheaper holidays and diversions, part time business opportunities and financial education.  People are looking for new ways to make money. In our industry this is great news as more people are openminded - assuming they can get beyond their fears of lack and limitation.

Did you know that the richest people today got their big break during the Great Depression of the early 20th century?  More millionaire were created then than any other time until recently.

So here’s what you do: 2 THINGS

1. You need Specific (right) KNOWLEDGE

2. Take Immediate Action - you need momentum here, so don’t drop the ball

Remember, there is no “THE ECONOMY” there is only “YOUR ECONOMY”.

Just like those who made their fortunes in the great depression, you won’t let the media

dictate your decisions and actions.  Reject conventional wisdom that does not serve you.

Develop and ‘internal economy’ mindset. Choose to see this economic slump as a great opportunity. What you focus on expands.

Know what to do - that’s taking the right action.  Huge wealth will be created and redistributed in the coming years.

I won’t tell you what to do here as there is no blanket solution that fits everyone.

I will leave you with this - grab a free copy of the Science Of Getting Rich to get an idea of the mindset you should cultivate to make things happen in the near future.

all is well,

Terry

Posted under mindset

The other day I was reading Variety and it dawned on me that internet pre launches are a lot like movie releases.

Why is it that many really bad movies rake in tons of cash whereas other brilliant works of art are hardly heard of let alone seen?

Well, there’s a couple of reasons - the biggest being the amount of advertising dollars spent to promote - whichever film gets the bucks to put it out there wins - no matter how good or bad the film is.

Another reason is competition - which is why studios try to time releases when there’s little else coming out.

Opening weekend is when the most money will come in for a new movie. It’s the make or break it time.

Even huge blockbusters are not immune to this phenomenon. Usually by the second week it is not uncommon for the numbers to drop 30-60% as they are up against the NEWEST, latest, greatest release.

It’s just human nature. People are attracted to what’s new and exciting.  They want to be up on the latest craze and not miss out.

But all is not lost to the person who misses out on the prelaunch. Sometimes the company is a classic.

Classics that even years later you want to go back to and watch over and over. In some cases are Re-released to a new generation of movie goers.

However, for the serious entrepreneur, jumping on another prelaunch is not like taking in the latest movie. This is a business… His business, not some temporary entertainment distraction.

If you are already established and have a LIST and the new company is a good fit to your business portfolio, then it can be a good move.  But what I see is two different mindsets going on.  The established, successful entrepreneur unemotionally weighing the pros and cons of a new ’sure thing’ verses the currently unsuccessful entrepreneur looking for a magic cash printing button that usually spits out wooden nickels for him even when it’s printing C-notes for the accomplished entrepreneur.

My advice is to stick to the basics.  Keep building that list, network with others and spend your money on smart advertising. Once you have chosen a particular program or company, don’t go dropping it for next week’s promising start-up or you’ll never get past the starting line.

Posted under internet marketing

When Confidence, Talent, And Opportunity Come Together . . .

You may just surprise everyone. . .

For all of you who are bashful or embarrassed at trying your hand at video marketing . . . or really anything you’ve been afraid of trying for fear of what others might think.

You’ll have to click on this link to see: http://bitly.com/OvpSa

And to see what Dedication and Teamwork Can Do: http://bitly.com/zqcFv

All Is Well.

Posted under attraction marketing, mindset

You Can Have More Happiness, Health and Prosperity by being mindful of your focus and understanding what you can and cannot control and making correct choices.

Life is a continuous unraveling of experiences.  Focus your attention on that which you can control:

1.Your Attitude - You can control how you feel about life.

2. Your Knowledge - what you fill your mind with and expose yourself to on a daily basis. Is it positive or negative?

Is it enriching or a lowbrow distraction?

3. Your Friends - In this context I refer to those who want what you want for yourself and visa versa.

4. Your Actions - You can choose how to act or react to any given situation.

All of these lead you to a choice.  Ask yourself is that choice leading you towards greater health, happiness and abundance or away from it.  The choice is yours.

Posted under Uncategorized

Sorry I haven’t posted in a week - I’ve been very busy.

Here is an Abraham Hicks quote I received today that is spectacular…hope it lights up your day:

If you know that all is well, you know all you need to know. And if you know life is supposed to be fun, you know more than almost anybody else knows.

And if you know that the way you feel is your indicator of how connected you are to Source, then you know that which only a handful of Deliberate Creators, respective to the total population, really know.

The beasts all know it. Your animals know that all is well. Your animals live in the moment. They understand the power of their now. They expect the Universe to yield to them. They don’t worry or fret or conjure or make laws or rules or try to regulate. They are Pure Positive Energy.

Your beasts vibrate more on the Energy scale of contentment than of passion. Their desire was set forth from Nonphysical, and continues to be set forth by those, like you, who want Energy balance, who want sustenance.

The difference between the beast and the human is that the beast is more general in its intent. The human is usually less blended, usually less allowing of the Energy to flow, but is more specific. And that is why the human is seen to be the Creator while the beast is more the balancer of Energy.

Oh, and All Is Well

Posted under mindset

My friend Jonathan Budd is having a little fun today with a Twitter experiment.

He’s giving away up to $500 to the top people who show they have some serious Twitter muscle.

Check it out here: Twitter Contest

I wanted to share this with everyone as a fun little experiment in the whole bizarre Twitter phenomenon - see my previous post for a more detailed explanation (and hilarious video). I guess Twitter is going to be around for a little while, you think?

Posted under attraction marketing, internet marketing