Friday, July 24, 2009

Part 2 of "CERTIFY THE WHY"

This is Part 2 of a series on getting the "Why" nailed down so that you can Certify the reason you are working in the first place.....
Get that BURN.....What gets your fire going.....
Let's start with the basics and move forward form there...
Other words that describe the word "Certify" are: confirm; officially state; verify; endorse; attest; declare.
Those are pretty accountable words. It is a positive affirmation. In order to solidify your understanding of your "Why", we need to take some time to confirm what you are officially stating and verify the meaning to you so that you can properly endorse your commitment. Then in the future you will be able to attest to what you had formerly declared. In other words "CERTIFY the WHY".
Steps to "Certify the Why"
C. - CLARITY
E. - ENERGY
R. - RETURN ON ENERGY
T. - TIME INVESTMENT
I. - INCLUDE YOUR SUPPORT NETWORK
F. - FORMING THE RIGHT HABITS
Y. - "YES" ATTITUDE
Rule #3 - Be honest with yourself
The exercises will only work if you are totally and freely honest with yourself. This is paramount for your success. I believe in you and know that you can build a fantastic business if you just do every exercise in this manual completely and honestly. Free your mind and let go of all the stuff cluttering it up. Allow yourself to be honest and you will grow a lot quicker in this manner.
CLARITY - Ask yourself some questions to clarify where you are today. Clarify your current situation:
•1. What are my assets today? (Make a list and ascertain an approximate value)
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•2. What are my immediate needs for my home and business that I need extra money for? (Itemize and attach a dollar amount for each and then total the amount)
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•3. If I could ask a Genie today for the money that I need to clear up all my debt except for my mortgage, how much money would I ask for? (Itemize if you want or just write the total down)
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•4. The sum total of all household and life expenses that I am responsible for on a monthly basis is $________________.
•5. Add $1500.00 per month for Real Estate business expenses and the total "nut to crack" monthly is:
$____________________/month x 12 is $____________________ per year. (turn to page ___ and write this total in the space provided)
We have now succeeded in Clarifying the present state of your financial life. It is now established that you NEED to earn $________________/year which is $______________ per month and there is a total amount of $_______________ required to be debt free except for your mortgage. Take the amount of debt and divide it by 2 and add that to your yearly total that you are required to make.
The Total amount of money I need to earn per year required to pay for my yearly obligations and pay off all bad debt in 2 years is: $__________________.00.
I would say that this is a pretty good place to start. Now make a decision to meet that requirement as your minimum. 24 months later you will pay for everything and get yourself into a debt free situation. These are your business building months. Anything that you can make over and above that can go back into your business into marketing yourself and getting your name out there. After that you can put money away for later and for future investments. Remember to give back and support some other worthy causes along the way. More on money distribution later.
Where you are today is the direct result of the efforts and focus of the past. Everything that you have done in the past; everything that you have thought about in the past; everything that you have focussed on in the past; all of the mental influences of the past; all previous experiences of the past and all money spending and investing of the past have brought you here today. It is important to establish where you are today and then decide on how it can be improved and then focus on what tomorrow will look like so that you can take control of your future. It is all in your hands. This is where we draw a line in the sand and move on from here.
The next step is where it really gets exciting.....Look for Part 3 shortly!!!!

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