Solid Root Structure - Part 3 of 3

This is Part 3 of 3 of Brian Klemmer's Eating the Elephant Leadership Lesson 7. (See Part 1 & 2 Below) This lesson is very timely for MonaVie Diamond Runners!!! MonaVie is about to launch into the $50Billion a year Weight Management Industry! If you have a solid root structure in place for your MonaVie business- ie. you have identified the key people in your organization, established solid relationships, are reading the books on personal development & listening to the positive motivation, are attending the functions to build your belief system, etc. Then you will be ready for 2011!! Make the Decision today to prepare yourself for success! Shelly




Action Step #1
If your income suddenly became 10 times what it is now, what would you need to know to handle that increase? (RVL)!!!!

What would you need to know to profitably invest that much money? What resources would you need to protect that much money? Now, develop a study program to learn those things.
An Example

As I was building my own financial portfolio, I sold a piece of property and made a $143,000 profit. At the time, this was a lot of money to me. My financial advisor (a friend who remains a friend, but no longer an advisor) told me I would either pay the tax now or pay it later, so I might as well pay it now.

Because I had not developed a financial root structure, I promptly turned approximately $65,000 over to the government. I learned my lessons "after" I should have and it was an "expensive" lesson.

If I had been doing my studying, I would have known the right questions to ask and would have sought alternatives that would have reduced that tax amount to about $5,000!

The time for you to learn about taxes and investing is "before" you make the money, not after.

Some people say, "I don't want to know about that financial stuff; I just want to do my business." Then they will always be victim to the people who know the game of money.

You do not have to be "the expert" in area, but you do have to have the fundamental knowledge and continually upgrade what you know.
Action Step #2
Ask yourself: who do I want to be around and associating with in five years and who do I know who knows them that I can network with?

Take a step this week to get to know someone who knows who you want to know. Spend time building your network of people that will get you to the people you want to be around in five years. Work on your willingness to have them in your network even sooner.
Build a Rolodex of successful people. Never let a month go by where you have not added at least one super achiever to your file of friends and associates.
List your top three business partnerships. This is your root structure. List one thing you are doing to develop your relationship with each one of your partners.

Now list three new people who you have not spent much time with who will be future partners. What can you do to increase the value of your relationship? You must grow the roots wide and deep to grow a 90' bamboo tree.
"Ninety-nine percent of who you are is invisible and untouchable."

--R. Buckminster Fuller

Growing Your Root Structure 2 of 3

Leadership Lesson #7

Growing Your Root Structure

--Leaders are more interested in developing the root structure than the immediate visible results

There is a Chinese bamboo tree I have heard about, that when planted, you will see no growth for 90 days, then in a few short months grows 90 feet!
What it was doing prior to the explosive growth was putting down a root structure that would support its future growth.
In building the huge Sears tower in Chicago, they first went 100 feet down before they ever started building up.

Many times we invest effort in a business or relationship and we get impatient that there is no visible growth. The results we are working for just don't seem to be there. But often what's really happening is that we are changing in those hidden ways necessary to support our future results.
Growth is usually never a straight-line increase. In my experience, it's a series of intermittent increases or "growth spurts" and then plateaus.
Think of learning a sport. Most of your development occurs in leaps of getting better followed by lingering plateaus of staying at that same level (and those plateaus always seem to take too long). Near the end of your growth, it takes an incredible amount of effort and time to get those last, final, small increases in performance. It's those last small increases that separate the champions from the also-rans.
Take five minutes right now and list the ways you are
investing in creating a foundation or root structure for your
life and work.
Are you spending time developing your second layer of leadership? This is your greatest leverage. There is always a decrease in your personal production as you spend time developing other people. There needs to be a balance of both being done all the time.
Are you spending time in spiritual or inspirational studies that will give you a stronger, deeper foundation?
This week, outline a plan that will increase your root structure this year in a significant way.
TAKEAWAY!

Building a Root Structure is often invisible, but is even more important than visible growth.
Invest money and time in root structures to support your desired future growth and gains.

And be patient!

There are Prices & Benefits!!

Hello Gold Rush/Diamond Runners:


This week's lesson was a big one for me! I remember getting started in my MonaVie business 4 years ago! My daughter Emma was only 2 years old, the boys; Alex 4, Spencer 6 and Nicolas was 10! Ten years earlier, Ed & I had made the decision that I would stay home as we raised the children - I loved it and I must say I was proudly ranked a Black Diamond Mommy!
 Then MonaVie came into our lives! I saw the vision of MonaVie as our vehicle to Financial Freedom right away. We had to make some sacrifices and some major changes - we paid some prices – turned off the TV, cut back on kid’s activities, hired babysitters, missed some school events, etc. - but the rewards are off the charts!!! Take a few minutes and consider the price you will pay if you simply keep doing what you are doing now. Are you willing to pay the price of NOT following your Big Dream? Would reaching the level of Gold, Ruby, Diamond or Black Diamond in MonaVie create the financial freedom that will give you the personal freedom to follow your Big Dream?

 Have a Great Week - I know we will - we leave for Diamond Destination, Maui, Hawaii this Friday!!! Really wish you could join us! Make a goal to be in Hawaii next year or the following year... It's your choice - what's your GOAL and what’s your price? Are you willing to do WHAT IT TAKES – NO MATTER WHAT? The benefits are HUGE!!
 Go Diamond!!!
Shelly



Klemmer Lesson #6

Pay the Price
--Leaders know there are prices and benefits for everything

The prices--or what you have to invest or give up-- are not always so obvious and, in fact, are often hidden. If you don't know the price, it's usually higher than you want to pay. There is no free lunch. There are prices to be paid for doing your business successfully or in making a relationship work.
There are people I know who want to be financially independent. I always ask them, "How much are you willing to pay for your financial independence?"

When I press for a specific amount of money, they sometimes squirm a bit. The problem is they want a huge return--financial independence--without having to pay for it.

Be willing to pay the price, because often times the cost of not doing something is hidden AND far more expensive.

In addition, many times we think there is a price for achieving success that isn't there or isn't as high or hard to pay as we thought. Many times I have heard people say, "I don't want to become rich or super successful because I wouldn't be able to spend any time with my family." I haven't found that to be true at all. At the same time there will be prices to be paid. There is no free lunch.
Right now, write down two things that are very important to you that you want to create. Perhaps it is a rewarding relationship, doubling the size of your business, a certain size waistline, or making a huge, positive difference in your community.
Ask yourself: How much time will this take? How uncomfortable will I need to allow myself to be? How much money will it take?
Now, tell the truth about what you are willing to pay to get that. There will be prices you are unwilling to pay. That's fine, but state clearly what you ARE willing to pay and begin to build up your willingness to pay the price. This will put you in elite company and is a giant step to achieving your result.
TAKEAWAY!

Leaders change the situation, so even after they leave, things are different than when they arrived.
Action Step#1
List 10 prices you THINK you will have to pay to reach your goal for this year. Are there any you are unwilling to pay? Interview someone who has made that level of success you are aiming for and ask that person what prices he or she paid?
Did you have any false assumptions? Now, list 10 prices you are paying for being at the level of your business you are currently at, instead of the higher level of your goal. Identify at least one price you are unwilling to continue paying.
The willingness to pay the price is what separates the excellent from the average.

"The most important thing is to be able at any moment to sacrifice who you are for what you could become"

--Charles Dubois