When I was talking to a member of my community at one of my recent Big Table events, he asked me: How do you and your partners hit so many home runs? Now, he was obviously talking about “business home runs.” …
What Would You Do If You Had To Start Over?
I host monthly #AskLoral webinars and I get this question at least 3 or 4 times every month: “What would you do if you had to start over? No money, no credit, no network?” The frequency of this question always fascinates me…
The Truth About “Working For Yourself”
Let me tell you something: running a business – a legitimate business – is TOUGH. Those who tell you any different are lying.
Why I HAD To Say NO…
One of my signature mottos is, “Say YES! and figure out how.” I’m known around the world for it… But one of the most important moments in my life was when I said “NO.” I HAD to say no.
Why You Need To Be Around People Who Are Better Than You
Entrepreneurs – do you want to know what’s consistently put me over the top throughout my career?
Surrounding myself with people who are playing a bigger game than me.
One key lesson I learned early that has really skyrocketed my career is the importance of surrounding yourself with bigger, like-minded wealth-builders – if you really want to uplevel your business, it’s crucial to do this.
It’s SO important to get around people who are playing a bigger game than you, people who can show you how to get to the next level, and connect you with those who can bring your idea to life.
The perfect place to do this is the Ultimate Millionaire Summit in this July 29 – August 1 in Lake Tahoe. You can go here for more info:https://UltimateMillionaireSummit.com.
The Ultimate Millionaire Summit is a 4-day intensive, gathering of an international all-star community of entrepreneurs.
I’ll be there along with some of my big-time buddies like Kevin Harrington[Infomercial creator & original Shark Tank investor], Perry Belcher [Digital Marketer co-founder, importer & investor] Glenn Morshower [star actor], Ron LeGrand [real estate investment godfather], Sharon Lechter [best-selling author], plus a bunch of others.
We all come together (along with a few hundred other entrepreneurs) to network, swap the latest million-dollar ideas, add high-level referrals, boost our business academia, & collaborate to explode our businesses even more.
We’re going to have some gold-medal Olympians on hand that’ll show you that what it takes to be an Olympian is not too different from what it takes to be a successful entrepreneur…
Now, before you check out the event, I want to let you know that everyone must apply to attend. Why?
Because we find that the impact, the relationships, the value and the success of our event increases exponentially when we curate the attendees and don’t let just anyone purchase a ticket.
You can learn more & apply here if you think you could benefit from this event:https://ultimatemillionairesummit.com
Everyone has to go through a strict application and screening process. Then our team decides if the event would be a good fit for you, and you for it. Even if you’re not approved, it’ll give you great insight as to what we look for.
Think you’re too small to play with us?
Think again … Look: I wouldn’t post about this if I wasn’t 100% certain this event will benefit you.
So here’s what I want you to know: NONE of us got to where we are today without the courage to risk and to aim for more. Almost every person you’ll stand the chance to meet at the Summit has a story that begins small.
So, don’t settle.
If your business or brand could benefit from this event, apply athttps://ultimatemillionairesummit.com and team will get in contact with you shortly.
Cheers & good luck,
– Loral
ABOUT THE AUTHOR: Loral Langemeier is a money expert, sought after speaker, entrepreneurial thought leader, and best-selling author of five books who is on a relentless mission to change the conversation about money and empower people around the world to become millionaires.
The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to hone in on the skills and talents of everyday people to inspire them to generate wealth. She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.”
To date, the company has served thousands of individuals worldwide and created hundreds of millionaires through wealth building education keynotes, workshops, products, events, programs, and coaching services.
To Learn More About Loral, Go Here: https://liveoutloud.com/about/
To Learn More About The Ultimate Millionaire Summit (July 29 – Aug 1 in Lake Tahoe), Go Here: https://ultimatemillionairesummit.com
“It’s safer to start a business than stay in a job.”
“It’s safer to start a business than stay in a job.”
Yup, read that one more time.
A lot of people fear jumping into the entrepreneurial world because they don’t feel safe. They don’t feel safe not knowing that their income is guaranteed or that they’ll be able to make reliable income. They fear going out and having to support themselves.
Let me tell you something – having a W-2 job, that’s what’s not safe.
How many of your friends, family members, colleagues, co-workers, classmates or acquaintances have been let go by a company who doesn’t care about them? How many of these people have had their position cut by a company who looks at them as a notch against their budget, instead of a viable asset? How many talented and hard-working people have woken up to an email or call from some higher-up telling them, “Thank you, but your services are no longer needed.”
…
You see, creating your own cash flow, starting your own business, making your own future – that’s the safest bet!
As an entrepreneur, who else can dictate your future when it lies solely in your hands? Who can fire you? Who can tell you you’re not good enough to work here anymore?
No one – you control the entire playing field.
So, next time you’re thinking about taking that next step into entrepreneurship and your start getting afraid, just remember – it’s more dangerous trying to keep a W-2 job than it is to strap up your boots and create your own cashflow.
Advice for asipring entrepreneurs
Some advice for aspiring entrepreneurs: Take action NOW and stop putting things off until it’s comfortable.
Why are you underselling yourself?
A big problem aspiring & starting entrepreneurs have is underselling themselves.
Too often, we give stuff away for free, just to get people interested. Or we price our services really lowly, just to get some cheap attention. But I’m tellin’ ya, once you start giving stuff away for free or severely underpricing yourself, you’re hurting yourself AND your client.
Because, think about it from the client’s shoes: When you get something for free or really cheap, you’re much less likely to value it. But when you pay good money for something, you’re more likely to value it and follow through with it?
So, the lesson here is to price yourself what your worth. Price your services and products what they’re worth because when you’re playing the ‘low price’ game, both sides lose.
Don’t be afraid to ask for the cash
I don’t understand why some people have a problem making sales – more specifically, asking for the cash!
I mean, c’mon.
I’m sure you know someone who (or you yourself) has had trouble asking for fair compensation for your services. It’s easy to sell yourself and sell your services – but sometimes you have trouble ASKING FOR THE CASH. And not just asking for the cash, but asking for it BEFORE you do the work.
But think about it: Have you ever bought a hamburger from McDonald’s and paid for it AFTER you ate it? Have you ever ordered a book from Amazon and paid for it AFTER you read it? Have you ever bought shoes from Under Armour and paid for them AFTER you wore them?
NO!
So, why is it OK for you to get paid for your services AFTER you perform them? Why is it OK for your clients to wait until AFTER you fulfill your service to pay you?
This is NOT OK. Make sense?
Make a change…learn to ask for the cash up front and fulfill on the back – just like every other successful business that exists out there.