The Two Top Secrets Of Success

Just this week, Judith and I have discovered the “Two Top Secrets Of Success” and I wanted to be the first to share them with you.

First a bit of background….

We were talking in our Board Meeting last week about the 2009 Money Gym Gold clients and how each of them had done in their year with us, and I realised that I didn’t recognise a couple of the names! “How can that be? I know the company is growing but we are not so big yet that I wouldn’t know clients when I see them!” I asked Judith.

“Well, I’m not surprised because you haven’t seen them!” she replied. “Those people are the ones who are having their coaching calls with their coach ok, but they haven’t been to any of the workshops to work with us and they don’t join us on the weekly webinar calls. They just don’t show up.”

This led to a conversation about how different people value different elements of the Money Gym Gold programme.

Some value the one to one coaching calls (10 x one hour calls in the year, or 20 x half hour calls).

Some value the 6 live workshops per year – in 2009 we are planning three “Let’s Talk Money” interactive coaching days plus a “Property Extravaganza Day”, a “Business Surgery”, and a return of the phenomenal Brett McFall “Sleepies” Internet Marketing weekend

Some value the 40+ Weekly Wednesday Wealth Webinars at 11 a.m – apart from a brilliant bit of alliteration (WWWW’s) these have been known to change lives!

Some value the Money Gym Google Group and the new Money Gym Mastermind Group for more established clients

Some value the Money Gym book from Amazon, and now the audio version of that, read by moi!

Some value the worksheets, audio, video including the Internet Marketing Home Study Course and frequent streaming of the live workshops

But there is one thing we noticed over the years since 1999 when I first launched my 10-step Wealth Coaching programme.

The people that get the most out of the Money Gym Gold programme and who go on to do AMAZING things with their wealth creation…….are the ones that show up.

They show up to their coaching calls, they show up to the WWWW’s, they show up to the live wealth coaching workshops, and the Special Days.

So there you have it – the first “Secret of Success”.

Showing up.

Can you do that, do you think?

Would you be one of those who show up?

Showing up. Half the battle won.

Tomorrow………..the “Second Secret of Success”

Can you guess what it is?

Till tomorrow…

Warm regards

Nicola

p.s. If you would like to enjoy a taste of the excellent quality workshops we put on in 2008, just show up and watch this ZERO price product (no card details needed) and you can watch the videos of the recent “rave review” workshop by Peter Woodhead showing us how to start an information publishing business using product we don’t even have to write/create ourselves.

http://www.themoneygym.com/mgpresents/peterwoodhead/

Get a cup of tea though, it’s not been as fiercely edited as one might like, yet, but it’s gripping stuff!

Business & Money – You Have Your Say!

Business & Money – inextricably linked according to our latest Money Gym survey. 50% of you who responded want a successful business with over 27% of you wanting to run a successful business that you can work on, and travel with, anywhere in the world.

Trailing in way behind was “a million pound property portfolio” desired by just 13.5% of you, with only another 13.5% of you wanting to be debt free. I’ll tackle those two topics later in the week, but I bet the property portfolio would have been higher this time last year!

What is a successful business?

Everyone has a different definition and I think it depends what kind of a life you want. If you want a nice easy quiet life, with lots of time for leisure activities and hobbies, then a nice home-based or lifestyle business would be good for you.  You might want to look at a network marketing opportunity like Avon, Telecom Plus, Virgin Vie or Success University.

Or even something more down to earth and local like a babysitting business, gardening or something where you buy into an existing successful system, like Judith’s Cleaning Biz opportunity.  My friend Kim – a great hairdresser – has made a great business working from home 3 days a week, in her lovely salon, entirely depending on word of mouth referrals and able to pick her kids up from school and knock off early if she wants to.

If you want a bit more excitement then you might want to build a global business with lots of staff and a high-flying lifestyle.  If you want high-flying but no team, then a consultancy business might be for you.

By any definition, a successful business is one that covers all its overheads, pays its taxes, makes enough profit to create a long term financial cushion to be able to ride out peaks and troughs in the market or economy, and pay you a handsome salary AND dividends on top!

When I was in my 20’s and 30’s, I would have defined a successful business as one that paid me enough to pay my household bills, without having to work away from home.  My expectations have been raised quite dramatically since then!  As have my outgoings.  But also my income luckily.

Not without a lot of pain though, due to having NO CLUE about what a successful business looks like, acts like or needed from me.  About 100 books, and at least FIVE business mentors later, I might be getting there.

I think it also depends on your level of corporate or business experience when you start, where you set your expectations, and whether you have read any of the great wealth creation or business books like “Rich Dad Poor Dad” by Robert Kiyosaki or “E-Myth Revisited” by Michael Gerber which are certainly eye-openers.

Working with Judith Morgan, serial successful entrepreneur, and hanging out online with gurus and business coaches like Rich Schefren has changed the way I think about business for ever, too.

There is no right way or wrong way to think about what a successful business means for you, but do try and define it. If you begin with the end in mind, you will find it a lot easier to put the plan in place to achieve that success for you.

Here’s a recording of our weekly live TV show where my guest Sarah (who’s in the startup phase of her business) discuss the challenges and why she’s even bothering!

Businesses seem to go through phases…in the early days it’s all about attracting clients or customers and so many don’t get past that hurdle.

When we then surveyed our mailing list about what was stopping them creating a successful business some interesting answers came up….

Read more..

Hot News | 12hr Wealth-A-Thon | Sat 3rd Jan

I’ve just gone live on MoneyGym.tv to announce the launch of our marketing campaign for Money Gym Gold Wealth Coaching Programme.

You can view the short video here >>>

December and January are traditionally very busy months for us at The Money Gym, as we assess and welcome new Money Gym Gold clients.  Must be all those New Year Resolutions floating about!

This year is our biggest ever launch programme including:

1.  Nicola hosting a 12-hour Wealth-A-Thon live on MoneyGym.tv with hot seat wealth coaching & guests

2.  A big affiliate / joint venture partner build up, during December with free giveaways and webinars

3.  Nicola will be “leaking” – for 12 hours only – one of the hottest & newly re-written chapters of The Money Gym book – the property chapter!

4.  Money Gym TV will be soon be going live three days a week, at 1pm on Mondays, Wednesdays and Fridays – where ever Nicola may be!

We are open to ideas so if you would like to get involved with this launch just take a couple of minutes to do the following

1. Visit the info page for Money Gym Gold to familiarise yourself with this ground-breaking programme

2. Click the link in the box top right there to become one of our affiliates

3. Then come back and comment using the link above this post, getting yourself a link from our website to your website at the same time!

Cheers!

The Money Gym Team

Gold For Christmas?

Have I talked to you about our Money Gym Gold Level 1:2:1 coaching programme recently?

No?  Blimey, I’ve been doing you a massive disservice!

Especially if you are struggling on alone, trying to make sense of this wealth creation business.

Coming up to Christmas, this is traditionally the time that the biggest numbers of people sign up for Money Gym Gold, because they are wanting to make suire the coming year is different.

They want to make sure that another year doesn’t slip by, without making some changes to their financial life.

They want to make sure that this is the year they turn things around and really get moving, get learning and get taking action.

Perhaps this sounds like you?

If it does, then I ought to remind you that at the Money Gym we are totally unique in the UK, in that we offer an intimate 1:2:1 coaching programme as well as our Silver Membership.

There are no other wealth creation training companies in the UK that offer 1:2:1 coaching, tailored to your individual circumstances, and delivered by fully trained coaches, who are also successful ex-clients of the actual programme they are working with.

I also need to let you know that we are incredibly strong and knowledgable in all four lanes of the Wealth Highway, unlike all the other companies out there who just focus on one.

Now you might think that focus is a good thing, and I would agree with you if we are talking about setting up a new business, or website, but NOT if you are just starting out in the wacky world of wealth creation and you haven’t got a clue yet which road to wealth would be the fastest easiest route for you!!

Oh, yes, we are talking fast and easy – that’s our mantra in the Money Gym.  No slow, boring, painful plans allowed here.  We want you to have fun along the way – we all do.

Now, are you aware that we are the most successful UK wealth coaching & training programme (in terms of clients results) and we’ve been around since 1999?  We are really proud of that.

All that said, I’ve been wondering over the past couple of months why you are not beating our Gold doors down yet!   Particularly in this current climate.

Then I realised why………..I haven’t mentioned our 1:2:1 coaching programme for ages – I’ve been totally focussed on our recent events and adding to our traffic and attracting Silver members.

Pretty slack.

Gotta tell you, I beat myself up for a bit about that….and I’m really sorry!

I’m OBVIOUSLY not communicating to you effectively enough that, in Gold,  we MAKE MILLIONARIES – even multi-millionaries, out of ordinary people.

Bright energetic people, sure, but outwardly ordinary people nonetheless.

I’m OBVIOUSLY not telling you clearly enough that, in Gold, we are particularly successful with getting results for women.  Must be the unbelievably uncritical and  supportive environment we create for you gals.

I’m OBVIOUSLY not convincing you enough with our testimonials that we have created millionaires out of our seemingly ordinary clients, over and over again, since 1999.

(It doesn’t help that some of them won’t let us tell you exactly how much money they have made online, in their new businesses, or how much thier property portfolios are now worth, or just how much they make per day trading on the stockmarket – because they don’t want their friends and family to know!!)

I’m OBVIOUSLY not shouting loud enough that we can show ANYONE – yes, particularly YOU – how to make your first million pounds.

We know we can show you the fastest, easiest way for you, that uses your unique skills and talents, your existing assets and strengths.

(Whether you go on to actually do it….well, that’s another matter, and to be honest, it’s much more likely in Gold.  Those coaches are on your side and you often do more work in the five minutes before a call than you have done all week!)

I’m OBVIOUSLY not communicating effectively enough that we guarantee that you will make your money back – if you do the work – within your first year.  Remember the story from Chris Ogle, who made his whole year’s investment in Money Gym Gold back within 12 days?

Or perhaps becoming a millionaire is not what you want?

I based that assumption on what most people type into Google to find us.  People lie, when I ask them how they found us, you see. They don’t want to look “greedy”.

(We soon teach you that wanting it all is not greedy, because only when you have a lot, can you help others).

They tell me they want security or a nicer life but I know what they are typing in Google.

“How To Make A Million Pounds” is the highest converting key phrase for us – both in terms of subscribers (people joining our mailing list) and front end sales (people buying the ebook or the £4.97 bundle).

But it did occur to me the other day that all the Google evidence might be wrong….perhaps you guys really don’t want to become millionaires.

Oooooops!

O dear, what if we are barking up the wrong marketing tree here?

I’m about to start marketing Gold 1:2:1 coaching programme for the traditional “New Year, New Start” run up to Christmas

And I don’t want to get it wrong…..because that would not be fair to you.

I don’t want anything to stop you joining us, if you really want to make your changes.

So……….

Will you tell me what you really want financially? Right now?  Will you answer this one question for me?

http://tinyurl.com/whatdoyouwant

Some answers from your future Gold Money Gym mates already are…

…..To do the work I CHOOSE to do

……To correct a badly imbalanced cash flow and have my investment properties supporting me instead of me supporting my properties

……To reduce debts

…….To have enough money coming in passively (truly passively) to give us the freedom to do what we want when we want

…….To help others in a massive way

……..To try challenges without it threatening my lifestyle

……..To treat my family

So, if any of this is working for you, if you recognise yourself in any of the above, and you want to make sure you secure your place in the “2009 Gold One Hundred” Hall of Fame, then go and have a look at

http://www.themoneygym.com/gold

and make the decision to make 2009 the year you take action.

Secure your place now – places ARE limited – and start work right now.  OR tell Judith you want to start with your coach in January 2009.

Go into Christmas knowing you have done something to make your financial life better – and relax.

I’ll let you know about the survey results!

Warm regards Nicola

Happy Money Gym Delegate – Graham Wendes

Graham Wendes always has a great time at our Money Gym events – he gives a lot back too so we are always pleased to see him.  Ensure you get a place at our next day out here http://www.themoneygym.com/events

Financial Freedom | John’s Burning Question

Hi Nicola

Here’s my burning question…..I am a man. 50 years old. Anyway, I would like to ask for your advice regarding my route to the wealth highway.

My financial position is thus. Home owner with no mortgage. Our home is worth around £155,000 in today’s market. My wife owns a 1 bedroom house with her sister a 50/50 share mortgage  around £70,000 and valued at say £90,000. The property is let and only just pays for itself.

My wife and I both work with approx take home pay per month of £2250. I require around £100 a week to live on and my wife requires all of her income to live, so I can save around £750 per month.

I have a credit card of around £2000, savings of £3000 and my wife has a loan of £3000. I hate my job and would love to be free of it.

My interest is web design and am becoming quite good. Hopefully this is where I can shine but I need more free time for this to happen. I am knackered at the end of the day.

I realise that my wife and I are in a good position regarding our own home and we could maybe do something with the equity, I don’t know.

What would you do, Nicola?

Hi there John…congratulations on being our first “Ask Nicola” burning questioner! And what a lovely one to start with……the quick answer is that you are financially free already, you just don’t know it!

I’m going to mainly deal with your own situation here as your wife and you seem to keep your finances quite seperate…is that right?  Do come back to me if you wanted a response bases on your joint finances….

You say that you would like to do more web design, and with some good marketing online, and networking locally, and I know that you could make a very good living at this.  Local business people are AT LAST waking up to the power of the web in generating leads for their business, and how efficient and cheap that can be compared with the traditional methods, like advertising.  They are happy to pay £500 – £1000 for a blog type site (great for SEO), and around £2000 – £3000 for a blog type site, with ecommerce / mailiing list capabilities.

You could educate yourself about internet marketing, including traffic generation, social networking and web 2.0, as well as web design (our about to be relaunched Internet Marketing Home Study System will soon be available via our very affordable Silver membership) and then you would REALLY be in demand.  I would envisage that, within a year, you would be outsourcing most of the work!

However, the issue seems to be time and energy, as your day job takes both.  Have you considered taking some of the equity in your house, and investing it in your new business, using it to

a) pay yourself a salary of £500 a month (£100 per week x 52 divided by 12)

b) pay for some teaching to bring your internet marketing / seo skills up to scratch – Silver would cover that

c) pay for a year’s worth of mentoring – our Money Gym Gold programme would be ideal for this and I would suggest you have a look at our coaches, and see which one you think would best be able to hold your hand through the year, to set up and build your business.

I would think pulling out £20,000 would not only cover the expenses as above, but also pay the payments on the money you would be borrowing so your outgoings would not go up at all.  If you apply before you hand your notice in, you should have no trouble getting a mortgage of 12% loan to value.

Your other alternative – if you don’t want to use your equity, is to use your £750 a month savings, to build a “Freedom Fund” to cover your first year in business, and in Money Gym Silver membership, we give you a blueprint on how to do that, step by step.

HOWEVER, if I were you, I would be pulling out all the equity available, and as well as investing in my new business, as above, I would be buying as many one bedroom buy to let flats (existing housing stock NOT new builds) as humanly possible.

This would ensure that you never had to work again, if you didn’t want to!  You could keep leveraging the growth in your property portfolio, again and again, tax free, to grow your portfolio further and to live off.

Again, this is something our experienced property investing Money Gym coaches could hold your hand through, via the Money Gym Gold programme as they are all very sound on this topic!!

Now, you know what you can do (and what I would do) the only question is “what’s going to stop you doing it?”

Keep in touch John and let me know how you get on?

Warm regards

Nicola

Misconceptions: Is Disappointment Holding You Back?

Forgive me if this article is a bit “me,me,me”. It grew out of my Note From Nicola” and actually outgrew it, so bear with me and see if it sparks anything off in your thoughts. If so, I would love you to make a comment below there…tell me your story.

A bit of background….there is a right old furore going on in the coaching world at the moment with an internet based reality tv show happening, called “Britian’s Next Top Coach”.

It’s turning the coaching world upside down with two main camps developing, for and against.

Those who are “against” are largely anti-competition and anti-marketing, and those who are “for”, are thinking that this is going to raise the benefits of coaching and personal development – something Joe Public is woefully ignorant of – and this can only be “a good thing”.

The “for” camp are also eyeing the winners packages, which include a lot of very nice prizes including a promotion and management deal, a potential book deal with a mainstream publisher, and much much more.

I’ve largely ignored it all until Judith emailed me a link saying that I should go for it. In her words “you’ve got the balls” and it would be great for the Money Gym.

Not to mention my Star/Creator profile. I am drawn to telly and while this is internet video, it’s nearly the same thing and may lead to telly.

But I found myself finding lots of different reasons – misconceptions – not to enter, from “oh, they will insist on us giving up the ebook rights and that will kill our marketing” to “oh, the whole coaching world will despise me for the self-promoting limelight seeker I am” and loads of other rubbish gubbins as well.

Then it struck me, I didn’t want to enter because I didn’t want to compete with other coaches, and especially not so publically!

Read more..

Joint Ventures RIP! Long Live Strategic Partnerships

This week has been an interesting one in the world of both business success and internet marketing.  The excellent Stompernet faculty has opened it’s long closed doors to a limited number of new students and what is rapidly growing into the “must join” membership site / online university has been following the classic “product launch formula” method of giving away great content before selling anyone anything. 

Attraction marketing at it’s finest.

One of the things that Stompernet have been giving away, is lots and lots of free videos on improving your rankings in the Search Engines.  Check out those and their fantastic new and totally free tool to find out what Google sees when it visits your site here >>>

Another is Brad Fallon, founder of Stompernet, together with one of my mentors Rich Schefren, discussing on some great videos on why you should stop thinking in terms of quick and dirty Joint Ventures (where you just mail for them and they mail for you) and start thinking in terms of value-adding strategic partnerships.

Think about who you could work with on a long term basis, that you

1.  Like – this is very important
2.  Respect – you have to feel happy recommending them and their company
3.  Know have unique content that you don’t have that your subscribers / members would enjoy/benefit from

We have long been a fan of this in The Money Gym, with our existing alliances with those who we consider to be the best in their field, such as our “Money Gym Presents….Our Favourite Experts” workshop presenters, but specifically Passive Investments, Tamkin Riaz, Marcus De Maria, Alan Forrrest Smith and now Tim Brocklehurst, Brett McFall, Claire Raikes, and Dave Lee, The Cashflow Investor (see Wealth Highway article today).

But it’s all been a bit informal and I’m starting to think about making it more formalised and also more reciprocal in some cases.

Read more..

Simple But Not Easy – Part I

Wealth Creation Is Simple But Not Easy!

I had a great conversation with one of my high-achieving internet mentoring clients today, Susanne Jorgensen, of http://www.thesinglesgym.com/ about the oft-repeated concept of “It’s Simple, But Not Easy” – she is really starting to understand what I mean – and I realised that it was so important that it warrants its own article.

I often say to potential Money Gym clients, when out and about speaking, that Wealth Creation is simple but not easy, and what I mean by that is that making money in each of the Four Lanes of the Wealth Highway is really simple to do, but it’s not at all easy or everyone would be doing it!

So why is it so difficult? 

We all know intellectually that we have to get off our “assets” and take action but why is that so incredibly hard to do?  Because our self esteem, our deepest emotions, our limiting and negative beliefs, our incorrect assumptions get right in the way!

Firstly, there is our cynicism to get over.  We really deep down believe that if wealth creation were as simple as everyone makes out, everyone would be doing it and from that we infer that it can’t be true.  It’s a con, it’s a cult, it’s just a scam.  I was the worst!  I often say that my hair and skin have improved enormously since becoming a wealth coach, because I’m not so cynical about better quality beauty products anymore!  In the same way that I invest in knowledge I invest in self-care and I now watch the adverts to see what works!

I never imagined before I got into this wealth creation stuff, that becoming a millionaire were so simple.  I can remember the relief I felt when Gill Fielding (one of Channel 4’s Secret Millionaires and my first wealth mentor) told me that!  She said there is only three ways to make a million (I’ve discovered a fourth since then…) and I thought, great, I can do three things!

Read more..

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