THE LIFESTYLE BUSINESS SYSTEM

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1 THE LIFESTYLE BUSINESS SYSTEM Module 1: The Foundation for Your Business

2 Administrivia Disclaimer This training is intended for educational purposes only. We do not make any income claims, as your results will vary. Consultation with a trained professional when making important financial decisions is encouraged. Help Desk: Take the course at your own pace. Designed weekly.

3 Orientation Your LBS folder Your Success Notebook Your bonuses and resources so far... The Achievement Code Goal Planner Your Core Values Step Up to Success Course MP4 file by Darren Hardy

4 Objectives Get clear on what a Lifestyle Business is Explore what it isn t Lay the foundation for a successful business Define what success is for you Build belief and expectation

5 Main Premises You deserve it It s time to reap the harvest this is the time, you are the one few barriers to entry Profits are better than wages Get away from time for money We are in the No Normal zone It can and should be fun

6 8 Reasons to Take the Plunge 1. Improving economy, pent-up demand 2. Crowd funding 3. Tax incentives 4. Plenty of resources 5. More and better support 6. Lots of freelancers 7. Think globally and act locally 8. You are needed Success Magazine, July 2013

7 Obstacles/Challenges Fear (the mind killer) False beliefs too hard, complicated, risky, overwhelming too old, too late don t know how not enough time, money Lack of clarity No system

8 Getting Clear on the Lifestyle Business Supports your lifestyle Works for you, instead of you working for it Your terms, your way Low-risk, no-risk Low-cost, no-cost Low-overhead, no-overhead

9 It s About Freedom And you create that freedom by.. Solving problems Fulfilling wants Power Pleasure Pain avoidance Creating value (transactions of value) productizing and monetizing

10 Yes, You Can! You can do this Others have, so can you You do have to believe In yourself, the concept and the system It doesn t have to be that hard It s not always easy but it is simple

11 The Time is So Right Internet Communication systems Lower costs Less risky Outsourcing Systems Open source (free)

12 What is Success for You? Income? Recognition? Legacy? Enjoyment? Purpose? Altruism? Pride? Security?

13 It s a System What's involved in building an LB Like a recipe 13

14 Common Mistakes Making it more complicated than it is You don t need 80% of the things you think you do

15 Getting Started You may not get it right the first time You will make mistakes Fail fast, learn faster you can t really fail SNI profitable from the beginning no one is going to die

16 Getting Started You don t have to be great to get started, but you do have to get started to be great. Get comfortable being uncomfortable it s how you get real comfortable

17 What You Need to Get Started Idea Hosting - website WordPress (free) and easy marketing service Payment processor (PayPal is free) Determination You don t have to do everything all at once.

18 What You Don t Need Credentials Know it all Perfect clarity Fancy design Fearlessness

19 Ways to Make Money Freelance work Consulting and coaching Products, books and courses Workshops Affiliate marketing Joint ventures Network marketing

20 Resources Mind Mapping Apps Mind Genius MindJet FreeMind (free) MS OneNote Ultimate Information Manager (course) SWOT Analysis White Paper on SWOT

21 Commitments/Homework Start your Success Notebook Do your SWOT Analysis (personal) Read The Achievement Code Start 2 Lists: What you are passionate about What you are an expert in (or could be)

22 Parting Thought... You don t need to invent something spectacular. Just figure out a way to make people happy, and you can make it work. Michael Angier Module 2... Monetization

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