Dear Friend,
I hope you're having a great week...
This week's been busy getting everything ready for the BIG ANNOUNCEMENT.
But before I get to it, I just wanted to share a very important lesson I learnt a few days ago about Mindset.
The other day at Boot Camp our trainer, Marty asked us to lie down on our backs & do just one more sit-up to end the session.
As we did that last sit-up he announced that we had all completed over 500 sit-ups during that 1 hour training session.
It took me by complete surprise.
Now, if Marty had told us at the beginning of the session that we were all going to do over 500 sit-ups everyone’s attitude would have changed.
There would have been complaints, injuries, whingeing & all sorts of excuses.
But, because he said nothing about the total number of sit-ups he'd planned for us, but instead focussed our attention on bite-sized chunks, we all got through the session & felt pumped.
So if you want to achieve anything great, the best way to do it is to set short-term goals (bite-sized chunks) & then simply take the first step & then work towards your goal, one step at a time.
Once you’ve achieved your goal the feeling is exhilarating.
Now to the moment you’ve all been waiting for…
With something like $250,000 worth of real estate commission up for grabs for Australian & NZ Real Estate Agents
Here’s the BIG ANNOUNCEMENT...
Today's success tip comes from BAKOUS MAKARI.
Building Wealth: Tax is the single biggest expense for any business. But what if you could maximise the tax benefits as a business owner and reinvest more into your business's growth? Well, you can! Bakous Makari is an expert on tax planning and has helped thousands of companies utilise existing tax laws to impressively lower their tax bill (legally!) and then use that money to create further wealth. Bakous has developed a different mindset for wealth creation and shares some very useful and exciting ways to increase business profits and growth.
You are a big fan of the Pareto Principle. What does it mean and how do you apply this concept to business?
Pareto was an Italian economist of the early twentieth century. Unlike alot of economists, he was a very practical guy who had a lot of practical lessons for real businesspeople. He is best known for the 80/20 Principle (the Pareto Principle), which says that 80 per cent of your profits come from the top 20 per cent of your products or customers.
The other side of the coin is that 80 per cent of your problems come from the bottom 20 per cent of your products or customers.
The way you use that in a real business is to identify those customers who are most profitable and do everything you can to maximise the satisfaction and loyalty of those customers.
I have shown countless clients (and it surprises them every time) that you can actually make more profit by having fewer clients. In other words, it is quality, not quantity, that really matters.
What do you think holds businesses back from maximising profits and achieving their full potential?
Inadequate cash flow. Many people are amazed to know that most businesses that fail are actually profitable.
Unfortunately, the business owner becomes so focused on trying to do the best that he or she can that they lose sight of the cash that is coming into and going out of the business. As a result they get caught in a cash flow squeeze, where they’re not getting enough money in time to satisfy creditors who are demanding payment.
So frequently, the result is that they get wound up. This to me is one of the great tragedies of small business in Australia and all around the world.
Inadequate systems. Many people believe that having strong systems will stultify their business and hamper creativity. That is just not true. Systems make the routine, day-to-day running of the business so much easier.
Businesses without systems are disorganised – they spend a lot of time looking for things, losing things, and re-creating things because no one remembers when things were done before. As a result, they not only waste time but also drive up their costs.
Limiting beliefs. This is probably the most important thing that holds businesses back. These beliefs can manifest into reality for people who think they will not be able to handle more than one or two employees, or manage any more growth, or be able to cope with competition from larger players.
There are many stories in the world about small businesses that have grown to be great businesses, successfully operating in the most competitive marketplaces because the owners truly believed in themselves and what their business stood for.
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Real Estate Agent Success Club members can access lots more from Bakous Makari by clicking on the link below now:
Click Here To Read More Now
...back by popular demand

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Here's to your success.
Warm regards

Real Estate Coach