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The 3 Words That Will Make You Rich
Many of my students just can't make up their mind about what to focus on for their career.
They want to do a bit of everything that they have an interest in. And they wonder why they aren’t successful yet.
“I have this, this and this going on. Am I taking on too much to be super successful?”
“I want to do this, this and this.”
Okay, but you’ll be broke.
“You don’t understand. I like them all.”
Okay, but you’ll be broke.
“What if this doesn’t work, and I give up this and that?”
Fine, be broke!
Before I get into why those were my responses, let me tell you a little story about my own life and see if you can relate to it.
I was living in Fort Lauderdale, Florida. I was broke until I started doing pretty well selling pen watches. I made $4,000 a month working only two hours a day in the flea market! Not bad, yes?
I worked for an extra hour going back to the shipping yard to pick up another couple of boxes of pen watches. I was happy with that, except for one thing.
A friend of mine at the yard asked me, “Do you know what just came in? These watches look like really high-end watches, but they’re not. You can buy them for $40 and sell them for $100 or more.”
My first hunch was that it wasn't a big market, but the watches were legal, and even I wanted one. He was convincing, saying how he made $1,000 a week hardly doing anything. So I bought and sold a few here and there, doing okay with that.
Next time I hit the shipyard, the same guy said to me, “I have a shipment of T-shirts coming in. You should see these T-shirts. You’re already going around to the jewelry stores to show them the watches. You should sell these T-shirts.” And then it was hats.
About a month later, I noticed I'm selling all this other stuff, but my pen watches weren’t doing as well. I ended up running four businesses at a single time, and none of them fully took off yet.
Within six months, I went from making $4,000 a month for two hours a day to making literally no money for 15 hours a day.
How does that happen?
Two Reasons Why Most Business Owners Don’t “Make It”
I was clueless in business and personal development at the time — I didn’t know what I was doing to myself. I was chasing after every opportunity because of two reasons that end up being huge pitfalls to a lot of would-be entrepreneurs:
1) I wanted to make money faster.
In terms of making money faster, let's just put this reality check into perspective:
It takes every bit of energy and focus you have for you to succeed in any one thing.
Your first million dollars ain't happening overnight. That might work for a lucky few, but not for most.
That's not to say there's anything wrong with wanting to achieve maximum results with as little effort as possible; $4,000 for two hours of work ain't bad, but the fact of the matter was: I got greedy.
And then there's reason number two — the B-word.
2) I wanted a “backup.”
I wanted a “backup” in case what I was doing didn’t work.
In my mind, I thought that if I had more than one business, it would be “safer” — it would assure me of some kind of success because I’d always have some sort of backup.
What if my pen watches didn’t work so well? I should get into this and this in case that doesn’t work so that, well, I’ll have a fallback position.
But I went from doing decent, to being completely broke again!
How can having more be less?
You Need 100% Energy Going Into One Thing At A Time
Here’s the deal:
At the time I didn’t understand something called energy.
It takes an enormous amount of energy to get something going, especially at the beginning.
If you don’t use 100% of your energy to get something off the ground, you’re not going to make it over the chasm. You’re going to fall into it.
Let me give you an example that I mention in this video.
Imagine a rocket launching and all the power it takes to get it off the ground. All the thrusters have to be facing in the same direction — especially at the beginning for the rocket to escape Earth’s gravity.
Now imagine that one of the thrusters was facing outward, in a completely different direction, instead of facing downward. What would happen? Obviously, that rocket would crash and burn.
Why? Because it takes massive energy — a 1000% focus in one direction — for the rocket to launch successfully.
Many people ask me:
“Harv, what about multiple streams of income?”
That’s a great idea after you have one stream going beautifully. “You mean I can’t do three things at once?”
Yes, rich people are diversified… But only once they are rich! You don’t get rich by being diversified, you get rich by being focused.
It's hard enough to be successful at any one thing. Do you think you could be successful at two or five things all at once? Are you kidding me? I can’t.
Focus, Focus And Focus Are Your Three Words
At the start of anything, it takes much time and energy to get it off the ground. It’s called momentum. It takes everything you’ve got to get it going.
Every resource, every inch of energy at your disposal to launch successfully.
I learned the hard way so hopefully you won’t make the same mistake I did. Don’t fall into this trap. I see it everyday and wish I had someone tell me this 30 years ago.
Focus on the pot that is going to make you rich, leave everything else UNTIL you “make it.”
Focus, Focus, Focus is 1 of the 6 principles taught on T. Harv Eker’s signature class…
Zero to Muiltimillionaire: The Ultimate Business Success Formula
Would you like to learn the other 5?
If so, watch the encore of his free class now.
Does any of this sound familiar to you? What interests are you juggling right now? How are you discerning which is most important and why? What's keeping you from making a choice and sticking with it?
We'd love to hear from you! Let us know what might be keeping you from taking that 100% leap into a more prosperous future.
For Your Freedom,