Accountability

The first person we are accountable to is ourselves! It sounds obvious, but do you hold yourself accountable? Well, let’s see…..

“In life we can have results or reasons. If you are not getting the results you want, your reasons are the lies that you keep telling yourself.” ~ Harald Anderson

When things are going well, do you take the credit for your life, your happiness, your success? Yes, I hear you say.

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When things are not going so well do you equally take the credit for your life, your unhappiness, your lack of desired results? The answer is (needs to be) yes for this too.

Many times we’ll take responsibility/credit when things go well but if things are not turning out as intended then it’s easy for our minds to blame something/somebody else, even a little bit as we lick our wounds.

All day long, we can usually find someone to agree that it’s not fair etc & if only this or that hadn’t happened….Sound familiar?

As with everything else, accountability begins at home – with ourselves.

Once we use the power of accountability for ourselves then we are in the position to join an accountability group, which in our experience, has had a profoundly powerful effect on our book arb business.

Every two weeks we meet online & discuss our wins, our challenges & brainstorm ways to solve those challenges in a spirit of collaboration, support, fun & getting results!

It is mighty for momentum, inspiration & it’s another level of holding ourselves accountable to ourselves & others.

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When you tell someone else what you’re going to do, it really does make you step up your game because you’ve said out loud what you’re going to do & you have to answer why you didn’t.

Wow, it’s confronting & inspirational when you create the right group of people around you that know your potential & cheer & gently challenge every step of the way to achieve your goals.

Being in an accountability group also allows for constant motion & momentum forward toward overall goals as these are achieved by attaining mini goals all along the way.

Another benefit too is that each others success breathes more success which breathes more success lol!

The collective expectation then enhances not only individual success but group success & voila….the circle of success is created!

Because our community is chock full of inspired entrepreneurs building the same business as ourselves it is easy to find & create a group for success around ourselves.

It’s yet another great reason that our business model works. There is massive collaboration in every success story, who wouldn’t desire that?

Next week, I’ll talk about the hot seasons for buying & selling for continuous success!

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Smart Enough To Be Dumb

It’s not the things in life that we don’t know that thwarts our success most in my opinion. It’s when we think we know more than we do that trips us up.

Luckily for me I don’t have to try hard to be the dumbest one in any room.

That is not meant as a disparagement of me in anyway. I like it because it means I always remain open & I don’t assume I know more than I do.

“If you stay ready, then you don’t have to get ready.” ~ Will Smith

I am always ready to learn, to grow, to hear new points of view & to consider & absorb something new that hasn’t occurred to me.

“Progress is impossible without change & those who cannot change their minds cannot change anything.” ~Unknown

This idea has stood me well in life & because of it I have found myself in some pretty interesting rooms.

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It’s not the things in life that we don’t know that thwarts our success most in my opinion. It’s when we think we know more than we do that trips us up.

This can mean that we are blind to our weaknesses, ignore warning signs of imminent change in a marketplace or can become complacent & slow our progress.

Think about it. When we’re reaching for new success we’re committed, hungry & inspired.

If we are no longer striving in some way then our ‘edge’ may be missing. This results not only in a slowing down of professional & financial success but much more importantly personal success!

In our Book Arbitrage Community I am fortunate to share time with some of the smartest people in the industry – Jon & Luke & the other mentors.

I remember reading an article written about Henry Ford when he was on the witness stand & the lawyer was trying to undermine his intelligence.

I thought his answer was genius.

“If I should really WANT to answer the foolish question you have just asked, or any of the other questions you have been asking me, let me remind you that I have a row of electric push-buttons on my desk, and by pushing the right button, I can summon to my aid men who can answer ANY question I desire to ask concerning the business to which I am devoting most of my efforts. Now, will you kindly tell me, WHY I should clutter up my mind with general knowledge, for the purpose of being able to answer questions, when I have men around me who can supply any knowledge I require?” ~ Henry Ford

Boom! That’s how I see myself. Not as Henry Ford but I am surrounded by a mastermind group who are excelling in my chosen field.

I learn from Tom. I learn from every other mentor.  I learn from my accountability group in Book Arbitrage.

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I always learn something new when I go into our Community Mastermind Facebook group. I learn from every live session. I learn from every interaction with people I mentor.

I don’t call the people I mentor students. They are entrepreneurs. We are not working together to learn to be a professional student. We are working together to co create & foster entrepreneurial excellence in book arbitrage.

Not only that but our entire community is a Mastermind group for me because I learn from everyone without exception.

So you see. I don’t have to have all the answers. Phew! I am surrounded by them.

We are truly fortunate to have so many outliers, success stories & leaders of the industry in our community.

It’s our way of life. Like anything, it is important to apply what we learn & to contribute to our community in order to really thrive.

That is the Mastermind principle in action. When you give you receive.

So ask yourself how you contribute to our ever growing success Mastermind group already & consider how you can give more & wait til you see what happens…

It will blow your socks off which is the kind of success I love lol!

Next, I will discuss the power of accountability in our success….

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Work Flow

Lining our ducks up in a row with our daily habits simply means more progress daily, weekly, monthly & yearly. That’s how we like things – simple, easy & effective.

“Success is the sum of small efforts repeated day in & day out.” ~ Robert Collier

Our daily work flow looks like this:

Buy & Sell

  1. Tom checks previous days sales, buy more if they are still hot.
  2. I check Keepa alerts in my email for profitable books.
  3. I check our hot list of year round sellers.
  4. I check this months shopping list for buying opportunities.
  5. I fire up Book Arb software for more opportunities if I have not spent our daily budget already.
  6. Tom reprices (Sells our books).
  7. Tom lists our books & takes care of admin e.g. returns.
  8. I go to give on Facebook to contribute to others & to help elevate success of our community.
  9. I attend live webinars every Tuesday & Thursdays afternoons.
  10. Wednesday mornings I write my blog.
  11. Thursday mornings I look at ways to expand our business e.g. sell on other platforms, learn new ways to accelerate our efficiency e.g. research faster processes for systemising etc.

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Every second Monday night we attend our mastermind group to brainstorm ways to support & accelerate our businesses. Accountability is a powerful strategy in our group and this ensures our ongoing individual & collective success.

Repeating these daily habits over and over ensures that the fundamentals of our businesses are being met daily – we buy & sell books. Also consciously & actively looking for ways to improve our practices ensures steady growth.

“Never stop learning ; For when we stop learning, we stop growing.” ~ Loyal ‘Jack’ Lewman

Scheduling time to learn new information about our business/market & techniques for applying what we learn means that we are always growing – ourselves & our business.

“The best in business spend far more time on learning than in leisure.” ~ Robin Sharma

Our work flow as we expand will change again but for now, this work flow is taking us from where we are to where we desire to go next.

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Lining our ducks up in a row with our daily habits simply means more progress daily, weekly, monthly & yearly. That’s how we like things – simple, easy & effective.

Next I will discuss the importance of staying focused even when others around you are ‘not on your team.’

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Accountability In Profit Making

Accountability keeps us on track and is the gift that keeps on giving. Our expansion is assured because of it and our success is certain and accomplished as a byproduct. We love it.

“Vision without execution is just hallucination.”   ~ Henry Ford ~

Everyone gets ideas about how to become rich at some point in their lives. The only difference between those who accomplish it and those who don’t is action.

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The beauty of book arbitrage for us with Jon Shugart and Luke Sample is that the path to success has been so clearly laid out. They have left nothing to chance and given us the treasure map where X marks the spot for us to create certain wealth in our business.

We have been taught how to source books at low prices and sell at high prices by experts that are hugely successful with this business model and show up every week to answer our questions and help us to expand our business.

Imagine you had Henry Ford show up every week in your life showing you exactly how to become successful. Well….

Jon and Luke hold themselves accountable to the community by showing up every week. They are constantly expanding and upgrading their software which makes our lives easier, faster and of course more profitable on the backend. The power of their execution and intent of purpose inspires us as a community to be more accountable to ourselves and one another.

For our part we show up every day in our home business to buy books, reprice, do trades, and all the other tasks that it takes to run this mini empire. We hold ourselves accountable by showing up every week on the webinars that are there to help us grow.

Additionally we show up on Facebook to ask and answer questions with the community. Every week we blog our experience so that our journey may be of value to others and it is also an accountability strategy.

“What gets measured, gets improved.”   ~ Robin S. Sharma ~

It allows us to improve and grow our business because we are conscious of where we are and where we are going. Serving others and growing ourselves is a wonderful result!

With other members of our family, who are also creating financial freedom through this book arbitrage system, we hold weekly video calls where we discuss strategies and solutions and inspire each other to set and reach our weekly, monthly and yearly goals.

We schedule all of these activities so that we easily and systematically execute them. It requires very little effort because we have set it up this way. It’s what we do and who we are.

By holding ourselves accountable and by creating our lifestyle around our success we have made the road to success almost effortless and way more fun.

Masterminding our conscious financial freedom is not hard work. It is exciting. Holding ourselves accountable is easy when the goal is being reached daily, weekly, monthly and eventually yearly.

“Destiny is not a matter of chance; it is a matter of choice. It is not something to be waited for, but rather something to be achieved.”    ~ William Jennings Bryan ~

Accountability keeps us on track and is the gift that keeps on giving. Our expansion is assured because of it and our success is certain and accomplished as a byproduct. We love it.

Next, let me share with you some specific figures with you that we are accomplishing on our road to financial freedom. They are pretty cool.

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