The Millionaire Mind Support Network

Guide to Your “WHATS”

31st December 2007

Guide to Your “WHATS”

“Everything I do has consequence.
Before I can make progress, I must understand that
I am the one in control of my destiny.” — T. Harv Eker

During the Millionaire Mind Intensive, we were encouraged to understand the IMPORTANCE OF WHAT.

As in, “WHAT DO YOU WANT?”

Until we can clearly define WHAT we want, the HOW to get it is immaterial.

The Millionaire Mind focuses on our most important asset, namely ourselves. MMI participants were given several thought provoking illustrations and exercises to address our personal blueprint issues…the ones that interfere with our ability to fully express our true selves. This self-discovery process examines our comfort zones, habits, likes dislikes, relationships, hopes and fears.

By the end of the three days we had a clearer idea of who we are, what we want and how we can change our approach to get it.

I can’t speak for all the participants, but I left the Millionaire Mind Intensive with a very long to do list.
• Fire-up my creative energy
• Improve my professional and personal processes
• Learn how to increase my feeling of power and influence
• Develop an increased ability to “hear the voice of my customers”
• Become a person who can clearly communicate my dreams
• Identify flexible, cooperative strategies for achieving “wants” and “needs”
• Practice three ways to expand my Comfort Zone every day
• Learn to support myself, and others in Mastering Change
• Develop a personal Millionaire Mind Action Plan

My biggest Millionaire Mind Intensive Insight

I am responsible for me. If I am not managing myself, then by default, either circumstances or other people are managing me.

Whenever I allow others to control my life, I place my future in their hands, I abdicate my right to make choices beneficial to me, and I stifle all opportunity for self-directed growth.

With no goals, no priorities, no life strategy of my own, I drift aimlessly, unable to break loose to achieve even a small portion of the dreams I once cherished.

My top post-MMI initiatives:

  • Review and implement those steps needed to help me take charge of my life.
  • Clearly define my purpose, delineate and force rank my goals and write the action steps needed to achieve them.
  • Develop the essential skills I’ll need to negotiate with those around me to support the changes I have instituted in my life.
  • Please feel free to use any or all of the following process to help you define and achieve your goals in the New Year!

All capacity for change and growth exists within you and only you.

What about your life, or yourself do you want change?

What emotions do you feel when you think about change?

Describe yourself with no limitations and no fear. Who is this person — this perfect manifestation of your dreams.

Describe your current personal blueprint and who you feel you are today.

If you continuously improve your financial blueprint, where will you be in 10-years?

Are you where you dreamed you’d be 10-years ago?

Are you in control of your life now?

Yes __ No __

Are you reacting?

Yes __ No __

Today is the first day of your new financial blueprint. Don’t be afraid to try something radically different.
Millionaire Minds accept responsibility for the present and replace those processes and thought patterns that are not working with strategies and tactics that do.

There is no such thing as failure; only results.
If the action you are taking isn’t getting the results you want, then change the action.

Millionaire Minds are Change Masters

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

posted in Money Blueprint | 0 Comments

26th December 2007

The Six Steps to Mastering Change

Every Master was once a Disaster!

It is important to realize that although you can use techniques to smooth the change transition process, you will never be able to completely jump from one way of doing something to another without experiencing at least some resistance.

Why is this? Its just part of human nature, people adjust to change at different rates.

To reduce your frustration with this process, it helps to know the six phases people go through whenever they are experiencing any type of change, be it personal or professional.

Anticipation

People in Phase 1 are in the waiting stage. They really don’t know what to expect, so they wait, anticipating what the future holds.

Confrontation

At some point, people reach Phase 2 and begin to confront reality. At this stage, they are beginning to realize that the change is really going to happen or is happening.

Realization

Once the change has happened, people will usually reach Phase 3, where they realize that nothing is ever going to be as it once was. Often times, this realization will plunge them into Phase 4.

Depression

Phase 4 is a necessary step in the change process. This is the stage where a person mourns the past. Not only have they realized the change intellectually…now they are beginning to comprehend it emotionally as well.

Acceptance

Phase 5 marks the point where the person begins to accept the change emotionally. Although they may still have reservations, they are not fighting the change at this stage. Usually, they are beginning to see some of the benefits even if they are not completely convinced.

Enlightenment

In Phase 6, people completely accept the new change. In fact, many wonder how they ever managed the “old” way. Overall, they feel good about the change and accept it as the status quo from here forward.

It is important to note that people in your organizations will proceed through the different phases at different rates of speed. One person may require two months to reach Phase 6 while another may require twelve. To make things even more complex, the cycle of change is not linear. In other words, a person does not necessarily complete Phase 1 through 6 in order. It is much more common for people to jump around. One person may go from Phase 4 to Phase 5 and then back to Phase 2 again; that is why there is no easy way to determine how long a change will take to implement. However, by using the skills outlined above, you increase your chances of managing the change as effectively as possible.

Millionaire Minds are Change Masters

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

posted in Management & Leadership | 0 Comments

24th December 2007

Managing Change

It Starts With You

Change is an ongoing occurrence in business. During the past decade, the “Champ-to-Chump” product cycle has compressed from years to months. Successfully guiding your business enterprise to long-term profitability, requires strong change management skills…specific expertise including leadership development (to get people to believe in you); marketing and sales abilities (to promote your case for change); and communication skills (to help build support for the decision to change). It will also help if you know a little about the stages people go through psychologically when they are dealing with change so that you are able to tell if you have managed a successful transition or if there are additional problems that you need to address.

Leaders lead

The first thing you will want to focus on is your leadership ability. Companies continue to make the mistake of focusing too much on business processes and not enough on good, strong examples of leadership.

Set an example

As the top person in your business, others look to you for direction not only in terms of business needs, but also related to behavior, ethics, and standards. If you want others in your business to change, you must set an example for them to follow.

Eliminate perks

Perks suggest division and hierarchical thought processes. By eliminating or reducing your own perks, you show your desire to level the playing field.

Walk around and talk to people

The old school of business management promoted the idea that the top person was off limits, enclosed in his or her own glass tower. Leaders of today interact more with their employees; they manage by walking around and getting to know their employees and learning about the problems they face on a day-to-day basis.

Be genuine

As a leader of change, it is important to be as real and honest as possible in your interactions with others. Let others get to know you. Being a leader doesn’t mean hiding your emotions. By interacting with employees on a one-on-one basis, you will build rapport and trust.

Have passion

To be a strong leader, you must have passion around your vision. Without it, you will soon find yourself facing burnout. Leadership is tiring and saps energy at a very high rate, so make sure you are passionate about what you do.

Building your ability as a leader is the first step in the change management process. Any ‘change campaign’ should target the different special interests within your business and outline the reasons why change is necessary for each. For instance, you board of directors, or your business advisors will want to know what the long-term effects of the change will be. Similarly, your employees will want to know how they will be personally effected by the changes you are proposing.

Once a change has been instituted, it is very important to communicate on a regular basis with all who are affected. Let your employees know what is happening. If your communication skills are weak or you don’t have a formal way of communicating with your employees, set one up before you hit this stage of the change process. Many companies find that internal Blogs are an effective tool for keeping everyone informed, and can reduce the chances of low productivity and low morale that often accompany unaccepted change.

In the next Millionaire Mind Support Network™ Blog — The Six Steps to Mastering Change — will look at the six phases people go through whenever they are experiencing any type of change, be it personal or professional.

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

posted in Management & Leadership | 0 Comments

20th December 2007

The Season of Expectation: Origins of Solstice Celebrations

Solstice — a world celebration, both ancient and modern.

For many people around the world, this is the week of the winter solstice; a time of ‘Expectation’ and promise. Expectation has always been an integral aspect of all Solstice rites and traditions. In the deepest dark of the winter skies, humankind has always looked for and celebrated the coming of the light.

Solstice” is derived from two Latin words: “sol” meaning sun, and “sistere,” to cause to stand still. The lowest solar elevation occurs about December 21st. This night, when the hours of dark are the longest, is called the winter solstice, the first day of winter.

In pre-historic times, winter was a very tenuous time for the northern Aboriginal people. Tribes survived on stored food and whatever animals they could find. As the life-giving sun sank lower in the sky, people feared that eventually it would disappear and condemn them to perpetual darkness and cold. These Aboriginal people, observed a slight elevation of the sun’s path within a few days after the solstice, a date later designated by modern calendars as December 25th. They aligned their celebrations of birth, death and rebirth with the winter solstice; and would rejoice in the sun’s rising and strengthening again, promising the return of warmth and a new growing season.

Probably the oldest seasonal festival known to humankind, the Winter Solstice, together with the Summer Solstice, is a universal festival, celebrated by many peoples long before known, recorded history.

In the time of the Egyptian pharaohs, the god-man and savior Osiris, died and was entombed on the night of the winter solstice. “At midnight, the priests emerged from an inner shrine crying ‘The Virgin has brought forth! The light is waxing” and showing the image of a baby to the worshipers.”

In Greece, the birthplace of western philosophical thought, the winter solstice ritual was called Lenaea. In classical times, a man representing the harvest god Dionysos, ritually dies and is reborn as a baby.

Early Celtic calendars measured the months according to the moon’s revolution of the earth and the Celtic year was divided into two halves, the dark and the light. Samhain was the beginning of the dark half, with its counterpart, Beltane beginning the light half. In the Druidic tradition, the Celtic winter solstice festival is called “Alban Arthan, the Light of Winter”. At the darkest point of the year the Druids celebrated the rebirth of the golden solstice; when the Sun, once again, returns warmth, light and life to the Earth.

In pagan Scandinavia the winter solstice festival was the Juul (Yule). Great Yule logs were burned, and people drank mead around the bonfires listening to minstrel-poets singing ancient legends. It was believed that the Yule log had the magical effect of helping the sun to shine more brightly.

The pagan, Roman Empire celebrated ‘Saturnalia’, a week long, feast for Saturn during the Winter Solstice. Saturnalia was a festival of the home. It was a time for merry-making. Friends visited one another, bringing good-luck gifts of fruit, cakes, candles, dolls, jewelry, and incense. Houses and Temples were decorated with boughs of laurel and evergreen trees symbolizing life’s continuity. Lamps were kept burning to ward off the spirits of darkness.

By the third century BC, Roman Emperor Aurelian, in a bid to unify the many religions and spiritual mysteries practiced within the Empire, blended a number of Pagan solstice rites celebrating of the nativity of such god-men and saviors as: Appolo, Attis, Baal, Dionysus, Helios, Hercules, Horus, Mithra, Osiris, Perseus, and Theseus into a single festival, called the “Birthday of the Unconquered Sun”. This unified feast was celebrated on the 4th day after the solstice, a date that equates to the modern calendar day of December 25th.

By the fourth century, Christianity became the official religion of the Roman Empire. The early Christian church expediently chose to celebrate many of its holy days within the ancient, and universally acknowledged solstice schedule. Even though the actual date had been lost to antiquity, Christian leaders felt the need to recognize the birthday of Yeshua of Nazareth, later known as Jesus Christ. Gospel scholars indicated that Yeshua was probably born in the fall, but December 25th was chosen because the date was already recognized throughout the Roman Empire as the birthday of various Pagan gods. Over these many centuries, the western Christian Church, universally accepted the traditional, solstice-related date of December 25th. One of the principle reasons for the rapid propagation of Christianity throughout Europe during the first millennium was the pragmatic willingness of the Christian Church to incorporate the rituals, beliefs and customs of other religions. This assimilation of existing spiritual practice, was the path that brought many of ancient traditions of the Druids, Wiccans and Pagans forward to our modern celebrations of the winter holiday season.

Many of our most-loved “Christmas Holiday” traditions, symbols and practices are of Druid and Pagan origin. Holly, ivy, mistletoe, the Yule log, gift giving, and decorated evergreen trees, even Father Christmas has mystical Celtic roots. His “elves” are the modernization of the ‘Nature folk’ of the old religion, and his magical reindeer are associated with the ‘Horned God’, a Pagan deity.

Saturnalia and the Solstis celebratory traditions were adapted to Christmas observances as well. Our Christmas tradition of feasting and fellowship are derived from Roman Saturnalian and Bacchanalian festivals. The modern celebration of Christmas has faced fiercer foes than western capitalism and singing chipmunks. It served as a lightening rod for the European, Protestant Reformation. The English Parliament abolished Christmas in 1647. Offended by its hedonistic nature, the Puritans in Massachusetts unsuccessfully tried to ban Christmas entirely during the 17th century. Based on its relationship to the ancient winter solstice, some contemporary Western Christian faith groups do not celebrate Christmas.

At the time of the Winter Solstice, pre-columbian Incas celebrated the festival of Inti-Raymi, in which the god of the Sun, Wiracocha, is honored. It was one of the many festivals the 16th-century Roman Catholic, conquistadores banned as part of the forced conversions of the Inca people to Christianity. In the last century, the Quecia Indians in Cusco, Peru have revived the Inti-Raymi festival.

In Brazil, archeologists found an ancient assembly of 127 granite blocks arranged equidistantly, with one of the stones was positioned to mark the position of the sun during the winter solstice. This prehistoric astronomical observatory was probably used in religious rituals.

North American native peoples observe both the summer and winter solstices. Although rituals differed from tribe to tribe, the winter solstice rites were dedicated to the sun, the coming new year and the rebirth of fields in the spring. The Hopi ceremony is called “Soyal and lasts 20-days. It includes the making of prayer sticks, purification rituals, retreats and prayers and concludes with a hunt, a blessing and a feast.

Tribes, native to the Northeast, built countless stone structures to track the solstices and equinoxes. In Vermont, archeologists discovered a twenty-acre, natural amphitheater. From a stone enclosure at the center of the hollow, one can see a number of vertical rocks and natural features in the horizon, which form the edge of the bowl. During the solstices and equinoxes, the sun can be observed rising and setting through notches or peaks in the ridge that surrounded this holy place.

The feast day of Shab-e Yaldaa is part of Iran’s Persian heritage. Originating in Zoroastrianism, the state religion, which preceded Islam, Shab-e Yaldaa celebrates the rebirth of the sun. As in other winter solstice celebrations, bonfires are lit outside, and people gather in their homes to tell stories and read poetry and share food.

Another solstice-related festival is the celebration of Hanukkah, also known to modern Jews as the Festival of Lights. Hanukkah commemorates the Maccabee’s recapture of Jerusalem, the restoration their temple and the lighting of the temple’s lamp. Even though the Maccabee warriors had only enough consecrated oil to last for 24-hours, the flame burned steadily for eight days. Today, Jews commemorate that miracle, by lighting one candle for each of the eight days the lamp flame burned faithfully. Hanukkah is a family celebration marked by special foods games and gifts.

Not directly tied to the winter solstice, but celebrated in early December, Buddhists celebrate ‘Bodhi Day’, also known as ‘Rohatsu’. It recalls the day in 596 BCE, when the Buddha achieved enlightenment. This day is generally regarded as the birthday of Buddhism, and signifies the point in time when the Buddha achieved enlightenment and escaped the endless cycle of birth, death and rebirth through reincarnation. A theme observed in other religions in December.

Monotheistic religions, like Judaism, Christianity and Islam, tend to view time as linear — the creation, the present, and the future when the world, as we know it, will end. Aboriginal spirituality perceives time as circular and repetitive, with monthly lunar and yearly solar cycles. The spiritual wellbeing and physical sustenance of the community depend on the continuity of nature’s cycles. All of the solstice celebration and rituals were designed to turn the sacred wheel and ensure the balance of light and dark, or life and death. Humankind, in all our many guises, beliefs and traditions, understands at a cellular level, the absolute miracle of “Expectation — “to anticipate, look forward to, await, and hope.”

The 2007 Winter Solstice
For the first time, the 2007 Winter Solstice illumination at Newgrange in Ireland will be available live on the Internet, weather conditions permitting. See http://www.newgrange.com/ The passage and chamber at Newgrange will be illuminated by the rising sun on 2007-DEC-21 between 08:58 and 09:15 GMT

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

posted in Religion & Spirituality | 0 Comments

19th December 2007

The Roles Expectation and Intention Play In the Law of Attraction

Am I Defined By My Expectations?

In the December 17th Blog I explored the concept of ‘Expectation’ and how our ‘Expectations’ play an integral role in the construct of our Personal Financial Blueprint. Today I’d like to explore the role of Expectation and Intention in the manifestation process.

Our ‘Expectation’, often based on our life experiences, can set a subconscious condition or circumstance concerning our stated ‘Intention’. ‘Expectation’ describes what our mind considers to be the most likely result. It is the expression of our automatic self-talk that T. Harv Eker warns us about. When the ‘mind’ reminds you of a limiting circumstance, he coaches us to simply say, “Thank you for sharing.”

‘Expectation’, is an expression of your inner belief — realistic or not, likely or not, logical or not, it simply is, and as such, needs to be addressed if we are to successfully manifest our ‘Intentions’.

‘Intention’ comes to modern English/American from the Latin phase, “intendere; meaning, “to give consideration, turn to or focus one’s attention, to have as a plan, to think, conjecture, or propose.”

On first consideration, the difference between ‘Expectation’ — waiting for a probable outcome, and Intention — declaring and focusing fully on a plan or purpose, seem like the difference between a passive and active approach to manifestation.

After studying Greg Braden’s work, “Speaking the Lost Language of God” and Dr. Bruce Lipton’s book, “The Biology of Belief: Unleashing the Power of Consciousness”, and “Insights into the Convergence of Science and Spirituality”, the concept that our ‘Expectations’ of life are encoded onto our very cells just resonates with me. We, as humans, can be encoded to ‘Expect’ the good, the next choice…the great new day. Or, due to faulty messages and erroneous beliefs, we can be programmed to expect the bad, limited or no choice, the same old – same old.

I can share one of my personal issues as an example.

I “Intend” to loose weight.
I have “Intended” to loose weight untold number of times in my lifetime.
I have only recently come to understand, that based upon many years of failed attempts, my “Expectation”, in my heart of hearts, is that I will fail.
“I have never succeeded in the past, so what is different this time.”

My challenge is to change my Expectation.

I must visualize my success in maintaining a healthy lifestyle an ideal weight.
If my expectation does not support my Intention, I have laid the foundation of failure.
I can encourage my Expectation of success by approaching the weight loss process differently. I’m applying a new set of tools, so in my mind, I can Expect a different outcome. My negative experiences in previous weight loss attempts are no longer a determining factor. By changing my attitude from grim acceptance of a probable failed attempt, to the pleasurable Expectation of a healthy, energetic body that is ready and able to express my joy; I free my Intention to manifest the healthy lifestyle that will lead to my reaching an ideal weight.

In order for me to effectively apply the Law Of Attraction, my Intention must have the support of my Expectations. I must believe I can manifest the future I envision.

During the Millionaire Mind Intensive, our Trainer frequently discussed the importance of our “roots”. I believe the “roots” illustration is a metaphor for Expectation. We need to “Upgrade” our Expectations, if we want our Intentions to bear fruit.

Before attending the Millionaire Mind Intensive, I believed that, the more fully I devoted both mental and physical focus to my stated intentions, the more likely it was that I’d manifest the ‘hard-earned’ fruits of my labor.

In reality, I exhausted myself by flooring the gas peddle of my Intention, while my Expectations acted as saboteur, by slamming on the breaks. Mental and physical exhaustion is not helpful to the manifestation process.

I’ve come to believe that The Law of Attraction demands I tune my Expectations to resonate with my stated Intention. I have to trust, in my mind, my heart, and in my very cells, that I have the unconditional right to express my full power. I must believe completely in myself, in my innate goodness, my unquestioned worthiness, so my ‘Expectation” reflects the perfect expression of universal love. With the Expectation of unconditional love as the foundation, Intentions manifest with ‘ease’ inherent in the Law of Attraction.

In this week of the solstice, in this time of Expectation, acknowledge the light within you and know that you can do anything. Listen carefully to your heart, it whispers our dreams and aspirations in this season and they are ours to manifest.

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

posted in Money Blueprint | 0 Comments

17th December 2007

Expectation and Your Personal Financial Blueprint

This season seems to be a good time to consider how “Expectation”
plays a role in our Personal Financial Blueprint.

The modern English/American word ‘Expectation’ comes from the Latin expression “expectio,” meaning “to anticipate, look forward to, await, or hope.”

When presented an unknowable outcome, ‘Expectation’ describes what is considered to be the most likely result.

‘Expectation’, realistic or not, likely or not, is a belief centered on the future, that may or may not be realistic. The experience of the actual outcome is perceived as positive, negative, or neutral, depending on the point of view of the individual or group.

In the Christian tradition, this is the season of Advent, a time of preparation and waiting for the birth of the Christ. In our world history, regardless of era, location, religious or spiritual belief, the anticipation the ‘Solstes’ has always been marked by ‘Expectation”.

Worldwide, modern people observe many days of celebration during the month of December. Most are religious holy days, and are linked, in some way, to the winter solstice in the Northern Hemisphere. For most of us, the evidence of our common humanity can be seen, and appreciated in the wide variety of these seasonal celebrations. These observances, based in the religious and spiritual traditions of all faiths, and those secular celebrations based firmly in the material world, are all focused on the ‘Expectation’ of something good…a new beginning, another chance at life.

This season is a good time to ask if we graduated from our Millionaire Mind Intensive experience with the ‘Expectation’ of developing a new way to approach our personal and professional lives.

If you are familiar with the writings of Greg Braden (Speaking the Lost Language of God and Science of Miracles) and Dr. Bruce Lipton (The Biology of Belief: Unleashing the Power of Consciousness, and Insights into the Convergence of Science and Spirituality), you are aware of their thesis that our ‘Expectations’ of life are encoded onto our very cells. We, as humans, can be encoded to ‘Expect’ the good, the next choice…the great new day. Or, due to faulty messages and erroneous beliefs, we can be programmed to expect the bad, limited or no choices, the same old – same old.

Greg Braden calls it the God Code”; Dr. Brice Lipton calls it, The Biology of Belief”; T. Harv Eker calls it, your “Personal Financial Blueprint.”
The message however is the same — with awareness comes the ability to change. With the desire and ability to change, comes the opportunity for GREAT EXPECTATIONS.

For untold ages our ancestors pushed back the long, dark night in ‘Expectation’ of reviving sun with gigantic bonfires and the passing of symbolic light from lodge to lodge, and village to village. Today, as the days turn to early darkness, we attach twinkling lights to our homes and trees as an important part of our own mid-winter celebrations. It is as cheering to us to look out into the cold, dark night and see lights sparkling and glittering in the crisp air, as it was to our ancestors to see the great bonfires that lit the night in ‘Expectation’ the sun’s return.

As we celebrate this remarkable season with parties and cheerful festivities, we need to remember All of our personal and professional ‘Expectations’.

Millionaire Minds take the time and focus on our ‘Expectations’ with the Intention of making them so.

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

posted in Money Blueprint | 0 Comments

14th December 2007

Microtrends: What’s new on the Millionaire Mind Book Shelf

Microtrends: The Small Forces Behind Tomorrow’s Big Changes

by Mark Penn, and E. Kinney Zalesne

I first heard about Microtrends: The Small Forces Behind Tomorrow’s Big Changes” from Jim Cramer during his ‘Mad Money’ show — CNBC weekdays 6 &11pm EST. Watching Mad Money should be a daily ritual for those of us whose part-time business is managing and investing our money, and creating passive income streams. Crammer touted the book as a great research source for spotting hidden value in the market. Once I read the book, I realized it offered the exact type of business insight and information that Millionaire Minds need to establish or expand successful business ventures.

The Washington Post once referred to MicroTrends’ author, Mark Penn as “the most powerful man in Washington you’ve never heard of.” Mark Penn, the man who identified “Soccer Moms” as a crucial constituency in President Clinton’s 1996 reelection campaign, is known for his ability to detect relatively small patterns of behavior in our culture — microtrends, that are wielding great influence on business, politics, and our personal lives. Bill Clinton recognized Penn’s “keen mind and fascinating sense of what makes America tick.” Penn has become one of the most respected and sought-after analysts in the world because he can define and articulate a clear understanding of social insights and identify related “trends” that could well be turned to profit.

Information Week credited Penn with sifting “the sociological sands to come up with a fine-grained view of where we’re headed.” Millionaire Mind Intensive graduates will find this ‘Microtrends Factoid’ relevant: Only one percent of the public, or three million people, is enough to launch a business or social movement. Entrepreneurs are using the Internet, viral marketing, and social networking to identify and profitably promote their products and services in a ways not possible only a few years ago.

A recent example, with which we are all familiar, is ‘The Secret’. The brilliant use of all the marketing tools the internet has to offer helped producer, Rhonda Byrne take The Secret from a personal, heart-felt intention to multi-million dollar marketing and social phenomenon.

In Microtrends, Penn analyzes significant business opportunities that were enabled by trends involving as little as one-percent of the population. He identifies over seventy such mini-waves, explaining the forces behind them and the implications for entrepreneurs. For instance, there are about 11 million more American women seeking husbands than there are men available to marry. Penn says that means opportunity for industries such as home repair and investment management.

Penn’s interpretation of his research data indicates that America is no longer a melting pot.

We are a collection of communities with many individual tastes and lifestyles. Entrepreneurs and investors who recognize these emerging groups will prosper. Penn shows readers how to identify the Microtrends that can transform a business enterprise, tip an election, spark a movement, or change your life. In today’s world, small groups can have the biggest impact.

Penn identifies tends in religion, leisure, politics, and family life that are changing the way we live. How would the knowledge that women are driving technology changes and that although folks are “retiring”, they are continuing to ‘work’ affect your BIG IDEA for a business or a passive income stream? Whatever businesses you’re in, these mini-trends suggest possibilities for a targeted approach that gives you the edge on your competition.

Penn’s nano-sociology guides his readers through the ever-splintering societal subsets with which Americans are increasingly identifying and offers an analysis of the implications and opportunities of each Microtrend. By the end of the book we start to understand movements that are transforming today’s world are being driven by small trends that started well below the radar of the elite media. The Millionaire Minded entrepreneur is also aware that independent analysis of a market, before investing time, talent and treasure is one way to play the money game to win!

The book is carefully and completely indexed. That may sound like a minor feature —its not. When some wisp of information is flirting just beyond memory, and that one bit of insight will help with your decision making process, searching your business books by their index pages is more efficient than thumbing through the chapters, hoping to find what you need.

Millionaire Mind Resources

Jim Cramer’s Mad Money

Cramer’s Newsletter, The Street

BIG IDEA with Donny Deutsch

Millionaire Minds Are ALWAYS Learning More
So they can MAKE MORE!

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

posted in Business Start-up, Decision Making & Problem Solving | 0 Comments

12th December 2007

Alternative Funding Sources

Where to find start-up or expansion capital

I first read about Prosper.com in an April 2007 Fast Company article. I have been following the company since. The implementation of the concept of community based funding has been outstanding and might be a resource you want to consider for your business expansion strategy.

Access to capital, either for a start-up venture, or to fund an existing enterprise’s expansion plan, is an issue most entrepreneurs deal with. As the Circuit Rider for the Colorado Small Business Development Center, I spent the majority of my time developing business plans and arranging funding for small business owners. Colorado had established a Community Banking Initiative that funded start-ups with Micro-Loans of $25,000 or less. I wish a funding structure like Prosper.com had been one of the options I could have pursued for my clients. It seems to be structured as a win/win. The investors have the opportunity to receive a good return on their excess capital, and individuals can access the capital market directly.

The following is a description excerpted from the Prosper.com site. It is a fascinating concept and one worth investigating.

Prosper, America’s first people-to-people lending marketplace, was created to make consumer lending more financially and socially rewarding for everyone.

The way Prosper works is intuitive to people who have used eBay. Instead of listing and bidding on items, people list and bid on loans using Prosper’s online auction platform.

People who want to lend set the minimum interest rate they are willing to earn and bid in increments of $50 to $25,000 on loan listings they select. People who lend can easily diversify using “standing orders”, which automatically make many small loans to different borrowers.

It is a fascinating concept, but like all things relating to business start-up and expansion, due diligence is the key to good decision making.

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!


posted in Business Finances | 0 Comments

10th December 2007

All By My Self

Brainstorming for the Sole Proprietor

I got a few notes about my last Brainstorming Blog. The consensuses amongst our sole proprietors is, that if it takes a village to brainstorm a problem, I’m can’t use the process.

Osborn’s four guidelines and two really good suggestions are still in play for the “At-Home” version of the Brainstorm game.

1) Don’t allow criticism

Don’t self talk yourself out of any idea in the first quarter of the game — Just play.

2) Encourage wild idea
s

Be audacious! Impose NO LIMITS. Million-dollar Big Ideas have often started with stunningly, original approaches to every-day issues.

3) Go for quantity

The “At-Home” version of the Brainstorm game is still a timed activity. It is the perfect opportunity to listen to the expression of your intuition and inner voice. Don’t stop until your ideation time is up, or you just plain run out of ideas.

4) Combine and/or improve on your ideas

Review your ideas, refine them and combine the various aspects to develop a stronger approach to an issue.

And two other suggestions…


One conversation at a time

Unless your personal cross talk is really lively, this should not be an issue.

Stay focused on the topic

Personal brainstorming takes disipline.

Keep your written objective in front of you to help you keep focus.
If divine inspiration on another topic visits, write it down in your notebook, to be explored more fully at your next personal brainstorming session. Don’t loose your momentum or your focus.

Brainstorming Process

Being scathingly brilliant takes some preparation

Before starting a solo brainstorming process, I prime my creative pump with new knowledge and insight. For a week or so before my solo brainstorming session, highlighter in hand, I spend a few hours a day reading business magazines. Business Week, Entrepreneur, Inc and Fast Company are my favorites. I highly recommend that every businessperson read the Wall Street Journal every day. No business is to small, to benefit from the insight of a well researched and written news source. You might refer to specialized trade magazines that apply to the specifics of your business. Cruise the business section of your public library. Think about the basic issue you want to explore. Come up with some key words and Google them. Print out and read any helpful information. Just let the profound knowledge percolate and trust that the information you will need is be available to you when you need it.

You need a plan

  • Set your intention for the Brainstorming session, in writing.
  • Arrange for a block of uninterrupted time.
  • For me this has to be behind closed doors with the phone turned off.
  • Set aside a notebook, several pads of large post-in notes and some sharpie pens.
  • Clear your desk or table so you can use all of it to organize your information.

Brainstorming a solution to a vexing issue can be exhilarating and gratifying, but you still need to act as your own facilitator and keep yourself on task. In addition to facilitating you are your own scribe.

  • Read your intention for the session aloud.
  • Keep the intention in front of you as you work
  • Set the timer on your PDA or watch.
  • Then write down each idea on a separate Post-It sheet.
  • Do a brain dump, don’t stop, don’t edit, don’t judge — write!

When the timer indicates the second quarter, it is time for the left brain part of the program. Organize your Post-It note ideas in categories — combining and refining, your ideas into logical groups. It is time to analyze the ideas, looking at the possibilities, as well as the opportunity for unintended consequences.

In the third quarter of your personalized brainstorm, it is time to prioritize and list rank your options. This is where the reality of ‘time, treasure and talent’ comes into consideration. In a start-up or an emerging business, resources are always an issue. This reality often leads to the “perceived” low-hanging-fruit theory of decision-making. I’m not saying it is wrong to use that theory as a basis of a decision. It’s just that in my experience, some low hanging fruit, on occasion, has defied the law of gravity. Sometimes the simplest tools are the best. Using the Ben Franklin Pro/Con matrix often gets you to the most successful course of action.

In the last quarter of your solo Brainstorm session develop an action plan and project schedule. In this solo-player scenario you are the Idea Champion responsible for the implementation of the chosen action plan and time line.

I suggest this book for a number of reasons, but Jack Canfield’s The Success Principles, How to Get from Where You are to Where You Want To Be, is a must study for any business owner who needs guidance on getting done what you need to, in the time you’ve allocated, to the desired effect.

I feel so strongly about The Success Principles, I keep a copy on my desk. I read some passages every day. This book combined with The Power of Focus, by Jack Canfield, Mark Victor Hansen and Les Hewitt are the perfect support to help business owners attain their personal and financial targets. If you want to make sure you bring your “ideas” out of the inner world and into action, these books will help,

Oh yes, I still like the idea of closing the “AT-Home” version of the Brainstorming game with a celebratory lunch or supper, or at least a nice glass of wine.

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

posted in Decision Making & Problem Solving | 0 Comments

7th December 2007

Brainstorming for Millionaire Minds

Osborn’s four guidelines and two really good suggestions

1) Don’t allow criticism

The team task is to consider all the possibilities and break-through limiting assumptions about the scope of the problem. Analytic assessment and at this stage will inhibit idea generation.

2) Encourage wild ideas

Facilitators need to support thinking processes that encourage extremely outrageous ideas and thoughts. Creative madness has often been the seed-thought that leads to the next million-dollar Big Idea. The brainstorm process can morph and improve wild-hairs into useful ideas, and stunningly original approaches.

3) Go for quantity

Don’t stop to censor or judge. Record as many ideas as quickly as possible. This is the perfect time to let the intuition and the inner voice express. This part of the meeting is a timed activity. Don’t stop until the clock time is up, or there isn’t another thought to be had. It is like microwave popcorn, set the time and listen to the kernels pop.

4) Combine and/or improve on others’ ideas

An effective brainstorming session not only generated original ideas, it encourages participants to nurture the creativity by developing and refining other team members’ ideas.

And two other suggestions…

One conversation at a time

This is a tough one. When the creativity is popping around the room, it is the facilitator’s job to act as the traffic cop. The scribe has to capture ALL the ideas. To do that, only one person can talk at a time. Encourage participants to write down their inspirations and add-on ideas and share them subsequently.

Stay focused on the topic

This is another facilitator challenge. Sometimes, really, great ideas come up that have NOTHING to do with the stated objective. Ask the team member to make a note of it as a topic for a future session.

The other show stopper is what I call going down the rabbit hole. A team member will shoot of on a tangent that is totally off topic. With out acting like the red queen, suggest the member make a note of their concern and move on. This is a timed-charged, event and no team can afford to loose the forward momentum.

Brainstorming Process

“Genius is one percent inspiration and ninety-nine percent perspiration.” – Thomas Alva Edison

Just because Brainstorming is a creative activity, does not mean its easy work. It is the leader/facilitator’s job to keep the session on course to meet its objectives. Poorly moderated brainstorming sessions can quickly descend into anarchy.

Brain storming sessions need a moderator or facilitator (think ring master with a smile, a pocket watch and a whip) to keep the team on task and on time.

The skill of the scribe (the person who writes the ideas down on the white board or flip chart) can make or break a meeting. I prefer to use an administrative support person with good spelling and penmanship skills. This person usually types up and distributes the meeting product and being the original scribe sometimes makes that easier.

1. Define and agree the objective
.

The meeting initiator/facilitator must have a brief, clearly defined, written description of the problem or issue that is to be the focus of this meeting. The leader should open the session by sharing that objective in a hand out, and allowing a brief discussion concerning the stated intention of the meeting. Some team members might have an insight or previous experience concerning defining the problem to be solved. Write the agreed upon objective, noting any criteria that must be met and initiate the timed-ideation segment of the session. It is the facilitator’s job to keep the session on course with out stifling the creativity.

Post the agreed upon description of the problem or issue where it can be easily viewed by the team. If necessary refer to the description to keep everyone’s mind focused on the objective. This helps keep the group focused.

2. Brainstorm ideas and suggestions having agreed a time limit.

Experience has shown that 2-hours is a good time frame to conduct a brainstorming session. Shorter sessions don’t allow the time to develop a good idea pool from which to draw a winning strategy. Unless you are working with very experienced brainstorming teams, longer meetings start to parody reality-TV survival shows.

Facilitators find it helpful to divide the schedule into quarters. They limit the idea generation segment of the meeting to the first quarter of the allotted meeting time. The segment in which members categorize, combine, refine, assess, analyze ideas is also allotted a quarter of the scheduled meeting time. In the third quarter, the team prioritizes and list ranks their options. In the last quarter team members develop an action plan and project schedule. The facilitator assigns idea champions who will oversee implementation of the agreed-upon strategies.

3. Categorize/condense/combine/refine

After the great idea dump, use the white board or stick the flip chart paper up round the room so every one can review, categorize, combine and refine the ideas.

4. Assess/analyze effects or results

This is the left-brainers favorite section of the meeting. It is time to analyze the ideas. This is where we look at the possibilities, as well as the opportunity for unintended consequences. A good model for creative assessment is the fabled company GORETEX. “If this idea, strategy, or product just goes pear-shaped in every way possible, will it hit us below the water line. Will it sink our ship and put us out of business.” If the answer is no, they green light the project. That may sound ridiculously risky, but GORETEX is the most consistently innovate company in their market. And their corporate ship is still water tight and profitable.

5. Prioritize options/rank list as appropriate.

A number of the ideas offer the RIGHT solution, just NOT RIGHT NOW. Budget and time issues are realities. The team must agree to which ideas to implement, in what order and under what conditions.

6. Agree action and timescale

This step can be contentious if some team members are “not feelin’ the love”. It is however one of the most critical aspects of the meeting. For an initiative to be successful we need every member of the team working to “Make It So.”

7. Control and monitor follow-up

This is where the idea champions are critical. They take ownership and nurture the eventual execution of the new product, strategy or process. The facilitator needs to check in frequently to make sure that the Idea Champion has the resources to succeed.

Finally, I like to end the meeting with a catered lunch or supper. It doesn’t mater if it is from Mickey D’s, Subway or Mortons— the tensions and disagreements of the meeting tend to fade away with relaxing chat and food.

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

posted in Decision Making & Problem Solving | 0 Comments


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