Archive for June, 2012

Money Is Attracted To Speed

Tuesday, June 26th, 2012

One of my long time mentors, Matt Furey, said many times, “Money is attracted to speed”.

And he was 100% right!

The faster we take action, the more we make (or the more we save).

Before I understood this concept, I used to be one of these guys who wanted to have all my ducks in a row before I would commit to anything.

Every time I went to buy anything, I’d start by doing massive amounts of research.

After all, I wanted to know that I was making the right decision, and getting the best deal.

It could take me weeks or even months to make a buying decision.

I can remember getting ready to buy my first computer in 1997.

Because it was such a major purchase for me at the time, I went through my typical routine of doing all the research.

Finally, after almost three months I decided on the model of computer I was going to buy, and who I was going to buy it from.

I felt GREAT about my decision and was ready to move forward with the purchase.

At this point, I can’t remember how much I paid for the computer, but it’s really not that important.

All I remember about the experience is this…

One week later, another electronics store had the very same computer on sale for $145.00 less than I paid for it.

And yeah, I was a mad.

I thought about taking the computer back for a refund, so I could by it cheaper at the other store, but in the end, I decided it was more hassle than I wanted to go through.

But here’s the real kicker:

Shortly after buying that computer, I installed this software for my carpet cleaning business that immediately made my life sooooo much easier.

In fact, compared to the way I used to be doing things, it saved almost 2 hours a day of my time.

I ran the numbers through my head, and discovered that in the 3 months it took me to buy that computer, I could have saved about 90 hours worth of my time.

And let me tell you, the time savings was a whole lot more important to me, especially when I was working so many hours at the time.

Recapturing two hours of every day was a big fat hairy deal to me.

Fortunately I learned my lesson from that experience.

Today I’m much faster to make decisions and take action.

It doesn’t matter what the situation is… I now have a habit of making decisions quickly.

Am I always right?

Not always.

But most of the time I make great decisions.

And I’ve found that making fast decisions has served me extremely well.

How about you?

What’s your experience been with this?

I’d love to hear from you.

Post your comments below.

Dedicated to your success,
Kevin Thompson
“The Automatic Income Coach”

Who Has Your Customers?

Monday, June 18th, 2012

When you ask most website owners what they want more of, they’ll immediately tell you they want more traffic.

More traffic seems to be the holy grail to most website owners, but the fact is, traffic does you no good at all, unless it’s the right kind of traffic.

You can get all the traffic you want, but if that traffic isn’t interested in what you have to offer, it will be completely worthless to you.

And if you’re spending money to get that traffic to your site, you need to be acutely aware of how you’re going to get a return on your investment by converting that traffic into sales.

In my business, I’ve got crystal clear on who my ideal client is.

I then began asking myself, “Who already has my customers”?

I then began reaching out to those centers of influence to find out what was most important to them, and how I might be of assistance.

BIG HINT HERE…

If you trying o get something from someone else (such as access to their customers) it’s a great idea if you come prepared to offer them something of value FIRST.

How do you accomplish this?

Simple, you contact the individual, have a conversation, and ask them how you can be of service.

It’s that easy.

And by the way, you need to be genuinely interested in helping the other individual.

By doing for others first, doors of opportunity will be opened for you, and those doors will lead to amazing things.

Just last week I was talking with a long time friend, asking how I could be of assistance, and in return that friend made an introduction for me that could easily be worth 100K or more.

That introduction will give me access to a large number of people who are ideal prospects for what I have to offer… prospects that I might otherwise never get in touch with.

So…

Start asking yourself, “Who has my customers”?

And beyond that ask yourself, “How can I offer value to this person who’s already created the list of my perfect customers”?

Once you’ve come up with a great answer for these two questions, get in touch with that person and have a heart to heart conversation.

Oh… and be sure to let me know how it goes.

I can’t wait to hear what comes of it.

Dedicated to your success,
Kevin Thompson
“The Automatic Income Coach”

Because It Matters

Monday, June 11th, 2012

I recently ran across a quote from Martin Luther King Jr.

He said, “Our lives begin to end the day we become silent about things that matter”.

As I read that quote, it immediately became clear to me, why I’m so adamant about doing what I do.

Why I’ve been publishing this blog for so long.

Why I continue to communicate this way, even when some people don’t agree with what I have to say.

Heck, just last week I got a nasty email from some guy who was irate with me for talking about my children so much lately.

Until he brought it up, I hadn’t even noticed.

But when I start reviewing the blog… sure enough… in the last four posts, I talked about my children.

Funny thing though…

In 3 of those 4 posts I was making a very important point.

Apparently this guy missed all three points.

But… back to the story.

The reason I do all this is because it matters to me.

It’s important to me.

My family matters to me.

My wife matters to me.

My children matter to me.

My work matters to me.

YOU matter to me.

That my friend is why I’ve been doing what I do for so long, and it’s why I’ll continue to do what I do.

Because it matters!

I’d like to think that I’m making a difference in this world.

I hope that what you’re doing matters to you as well.

I hope it’s THAT important to YOU.

Because when it is, you discover that having a business like we do is about FAR more than making a buck.

Sure, we get compensated well for what we do.

But that’s not why we do it.

We do it because it matters to us!

Dedicated to your success,
Kevin Thompson
“The Automatic Income Coach”

Imagine This…

Monday, June 4th, 2012

Brock is getting ready to finish his 1st year of baseball… well… t-ball to be exact.

At 4 years old, he was excited to start getting involved in sports, and that being the case, who am I to stop him from following his passions.

I want to let him know from this young age, that I’m here to support him in his endeavors.

I snapped the photo above at last Saturday’s game.

The night before, mom had given him an old cell phone that we no longer use, and unbeknownst to us, he took it to the game with him on Saturday morning.

I’m standing there next to some of the other parents, watching the game, when I notice that Brock’s got this cell phone in hand, acting like he’s making phone calls.

I couldn’t help but laugh.

Even his coach noticed it and asked, “Who are you calling Brock, your agent”?

And yeah, it’s cute.

And yeah, it’s funny.

But the thing that really stood out in my mind was Brock’s imagination.

All kids at that age have a HUGE imagination.

I did too when I was that age.

You probably did too.

But somewhere along the line, that imagination gets stifled, or taken away from us.

As we grew older, we forgot what it’s like to imagine.

We get so wrapped up in day-to-day life, that we don’t take time to imagine.

At 47 years old, when I go to Brock’s ball games, I’m one of the oldest parents there.

And maybe that’s not such a bad thing.

There was a period of my life where I too gave up the ability to imagine, but I can tell you that being a dad to Brock and Ellie has given that back to me.

I can now imagine things in a whole new way.

A way that’s more powerful than anything I’ve ever known.

And let me tell you, when you can imagine BIG things, you can achieve big things.

The last 4 years of my life, being a dad to Brock and Ellie have been some of the most enjoyable.

Funny thing is, they’ve also been the most profitable… HANDS DOWN!

I can assure you that my imagination played a HUGE role in this.

The mind is a powerful, powerful tool, when we use it.

So let me ask you… what can YOU imagine?

Dedicated to your success,
Kevin Thompson
“The Automatic Income Coach”