Mastermind Principle

“In learning you will teach, and in teaching you will learn.” ~ Phil Collins

I’d like to talk about the Mastermind principle today – it’s only powerful if we apply it. I’ve mentioned before how good habits are as addictive as bad habits, but much more rewarding.

photo of people holding each other s hands

In our Book Arbitrage Mastermind Facebook group have you thought about how sharing what you’ve learned can consolidate your learnings & strengthen those patterns in your mind – thereby making them automatic.

If you desire different or more results then you have to take different action.

“If you have knowledge, let others light their candles in it.” ~ Margaret Fuller

Think about what you’ve learned already in Book Arbitrage. You probably went through the training once or twice if you’re diligent. Did you write down what you learned & even highlight it?

Within 2 weeks of learning new things we usually forget about 70% of what we learn.
But what if you were to go back over what you’ve learned and explore it to see your understanding of it now, do you think you would see a difference?

When we were in school we did repeated learning – do you remember our times tables – one plus one =2, one plus 2 = 3. We did them until we knew them by heart.

What if you knew your Book Arb business by heart, inside and out? What difference could that make to your life? What if we remain open to learning in the way we were when we were in school/college?

group of people sitting on sofa while discussing

One of the ways to achieve this quickly in my experience is to apply the Mastermind principle. We have the perfect platform in the Mastermind Facebook Book Arb group to achieve this.

Consider, if you pose questions and post answers to other’s queries you could learn your business to a deeper level? Something brilliant happens when we write something down. When we teach others – we learn ourselves in a more accelerated way. When we know more we can achieve more. We just need to apply this for it to work.

“The more often you share what you’ve learned, the stronger that information will become in your memory.” ~ Steve Brunkhorst

So today – I am encouraging you to share what you have learned so far about Book Arb, for example:

  1. Two fast ways to list a book
  2. Your effective repricing strategy
  3. What you consider important when reading a Keepa chart

Anything that you have found valuable will be of amazing value to others.

excited diverse managers achieving success during work on laptop in creative meeting room

Remember you cannot teach others without learning more yourself. When you do this you may discover gaps in your own learning.

This is great news – drill down, improve on it and grow your business.
You’ll also absorb more yourself of what you are sharing with others – win-win.

“The mastermind principle consists of an alliance of two or more minds working in perfect harmony for the attainment of a common objective. Success does not come without the cooperation of others.” ~ Napoleon Hill

Wise words there from Napoleon Hill.

There’s no way myself and Tom would be where we are in our business or at the level we’re at without the community.

So I invite you to consider how using the mastermind principle can help you and the community to grow from here and then apply it.

Click Here To Start Making Money

Fear

It’s pretty amazing that we do as well as we do as human beings even though we are taught to live in a perpetual state of fear.

I thought I’d share something with you that I learned about fear. It’s usually associated with what “might happen”, not what is happening right now. Which means it’s completely made up – not real. It’s not actually happening.

pexels-photo-313690

“Imagination is everything. It is the preview of life’s coming attractions.” ~ Albert Einstein

So why in the world would we create something that we don’t have any need or desire for in our minds?

Simple. Most of us as children were taught to be afraid as a way of life – don’t run or you’ll fall. Or we think if we don’t worry, again this thinking is associated with what might happen not something that is happening, we’ll get caught out. How crazy is that? Worrying if we don’t worry that we’ll have something to worry about. We are very funny when you think about it.

“If a problem is fixable, if a situation is such that you can do something about it, then there is no need to worry. If it’s not fixable, then there is no help in worrying. There is no benefit in worrying whatsoever.” ~ Dalai Lama

It’s pretty amazing that we do as well as we do as human beings even though we are taught to live in a perpetual state of fear. It may be low level but it’s usually there. We could waste our whole lives with that. That’s not to say we don’t pay attention to a situation if we need to handle it. Looking for a solution is not the same thing as worrying about it though. These two states of mind create completely different outcomes.

Here in our Book Arb community we are fortunate because we don’t have to wonder if this business works. We know that it does because of the stacks of evidence with the results that are kindly shared on an ongoing basis. Which means we have the certainty factor already dialed in so we don’t need to waste any time worrying or being afraid we won’t succeed. Our success is certain once we keep applying what we have learned & improving on our skills over time.

This allows us to just get on with creating the kind of success we always knew we deserved & can now achieve – automatically.

man in red long sleeved shirt

It is important to build your mind for success as well as your Book Arb system. Find solutions to problems as you go. Remember, it’s a good thing when unexpected situations show up, it means you’re growing as a business and are now presented with the opportunity to take the next step to create even bigger success.

It is exciting & a privilege to share this journey with you. Let’s succeed together.

Click Here To Start Making Money

Mastermind

Think about how the knowledge you’ve gained already, that you take for granted as obvious, could be the piece of gold that turns the key for someone else. When you share wisdom you acquire it.

Hello Friends. I thought I’d talk about the power of mastermind in creating our success.
Just about all the great success stories and leaders in their fields of any kind will attest to the fact that they had mentors and/or were part of a mastermind group.

group of people sitting on sofa while discussing

It must make sense when we think about it, learn from others who are achieving what we desire to achieve.

“Deliberately seek the company of people who influence you to think and act on building the life you desire.” ~ Naploeon Hill

In our Book Arb community, we are supremely blessed to have a huge Book Arb super-brain and mastermind group built in already. I absolutely love this. But this mastermind effect only takes effect when we plug into it, utilize it and contribute to it.

If I may, let me share an example of how this played out for myself and Tom.

Pre the August textbook peak season last year we were having a conversation with one of the other mentors. We were discussing how we were getting ready for August season. He said something to us that stunned us in it’s brilliance, simplicity and yet it had not occurred to us.

He asked us what our goal was for selling inventory during textbook season and we said ‘Oh, about 40% would be great, in one month,’ that was our expectation.

pexels-photo-3860775

He said, ‘why not 100% of your inventory?’ I was stunned because as obvious as it was, it had not occurred to us. So that one conversation changed our approach and our results.

You may well ask, ‘did you sell 100% of your inventory?’ The answer is no, we sold 80.5% of our inventory. The cynic may say that’s nearly 20% off your goal but we were thrilled because we doubled what we previously thought was possible.

Our vision expanded with one conversation and now our sales are superior on an ongoing basis because our expectations have expanded.

So today, I am encouraging you to consider the value of this mastermind principle found in our community.

For me it’s like a massive sleeper asset that comes alive when we use it and contribute to it. This is what is in place already. We all have a wealth of experience and knowledge together which is powerful and unique to our niche market. We have world class support and answers to questions.

We are forging new highways of success in easier and faster ways by sharing our successes and we can elevate ourselves and one another in our collaborative approach to success.

I love how Richard Branson put it,

“Two heads are definitely better than one and by sourcing ideas from each other, you have a better chance of coming up with a strategy that will allow your business to overcome a setback or challenge.” ~ Richard Branson

Think about how the knowledge you’ve gained already, that you take for granted as obvious, could be the piece of gold that turns the key for someone else and share it.
When you share wisdom you acquire it.

pexels-photo-3866512

So if you approach the mastermind group going to give rather than going to get, magic happens and you will receive more than you ever thought possible – I promise.

Click Here To Start Making Money

Do Not Quit!

If you haven’t yet achieved the kind of success you would like to then think about adjusting your system. A couple of tweaks can make a big difference.

I got an inspirational note in my email the other day & I immediately thought of us as entrepreneurs in our community.

It said,

“Reset. Readjust. Restart. Refocus. As many times as you need to. Just don’t quit.”

Because this is a system that really works, remember most people can’t even make a sale online let alone profits, and we have all either experienced personally or witnessed gladly wild profitable success in our community, it is important to move through any feelings of being uncomfortable about not quite knowing what you’re doing – yet. The more you do this business, the better you get at it.

pexels-photo-3779427

Remember, if one person can make this work, then so can you! And we have tons of people in here having success.

It may also be helpful to think about the kind of success you’d like to achieve & what you need to do to achieve that. I mean really think about it!

If you haven’t yet achieved the kind of success you would like to, and assuming you’re not brand new to this currently setting up your system, then think about adjusting your system. A couple of tweaks can make a big difference.

“It’s the little details that are vital. Little things make big things happen.” ~ John Wooden

It’s easy to form habits of doing things in a certain way & then just continuing to do them the same way over & over. For example, could you review the way you are buying books & add even one new kind of search every week.

When you learned to drive, you learned to systemise it even if you didn’t think about it that way. But you got in the car every day, turned the key, checked your mirrors etc until you didn’t have to even think about it. It wasn’t automatic at first. It was probably clumsy but it became automatic.

When it came to driving you didn’t quit & say I can’t do it, you saw that just about all adults around you drive so you expected to drive & knew you’d get better at it. You just accepted it. You created a system to be a successful driver & now you can drive anywhere you’d like to go.

pexels-photo-3727463

Book Arb is exactly the same thing. You are learning to create money & profits on auto pilot.

So today, think about the ways you can repeat effective moves over & over & see where you drive this business.

Hint – anywhere you’d like to go.

Click Here To Start Making Money

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.

pexels-photo-2962135

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.

pexels-photo-3153201

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!

Click Here To Start Making Money

 

 

 

Maintaining Focus

I would ask you to reflect on where you lose your focus in your business. You will find it shows up in the same ways over and over until you address it.

“You can’t depend on your eyes when your imagination is out of focus.” ~ Mark Twain

Since no one can think for you or live your life the importance of maintaining your focus on your own horizon is essential.

photo of a woman thinking

Sometimes people around us are afraid we’ll fail and sometimes they’re afraid we’ll succeed. Either way their dominant focus is based on fear and if you allow that into your world, their focus on fear can influence you too.

For the most part we are surrounded by well meaning people. However, even when they share your goals & dreams their fears can distract you if you allow it and if you are not in charge of your own mind.

With our Book Arb community we are very fortunate to be surrounded by so many powerful leaders who are succeeding & their collective success is a persuasive example for individual success.

Since however, we are each responsible for our own journey, and there are many ways to continuously achieve that, it is possible to become distracted by other’s experiences.

It is vital to help others through your own achievement of success and not at the expense of it. It is easy to get caught up in helping others, especially when you live to serve, but it is vital to remember that you are in charge of your time and the ways in which you spend it. Period.

group of people watching on laptop

In the last blog I shared my work flow. In it you can see how important it is to prioritize achieving daily goals in order to achieve overall goals. Then you are in a position to help others. It’s about saying ‘Yes’ to the right things & equally important to say ‘No’ to other things i.e. demands by others.

This balancing act of growing my business & loving helping others is something of an ongoing challenge for me. I love love love to share what I am learning and what is working for me. It is the coach in me.

However, this is where my diluted focus can show up when this is out of harmony.

“As you grow older, you will discover that you have two hands, one for helping yourself. The other for helping others.” ~ Maya Angelou

Helping myself is as important as helping others. That’s where my learning is.

By focusing on enjoying my own journey and helping others as I go, this allows me to experience my definition of success. Maintaining my balance in this is what brings fulfilment.

Do you lose focus when you don’t know what to do next and therefore procrastinate? Or does it happen because of other’s demands on your time be they family obligations or children? Is it because you have a very active social life?

“Focus on remedies, not faults.” ~ Jack Nicklaus

There is power in identifying where you leak focus because it will be habitual i.e. automatic. You can only change it when you see it.

What one thing could you change today that will help you maintain your focus in a clear way?

Once you are clear on the change you require, consciously create a new habit to combat it. For me, for instance in not answering emails or social media in the mornings, I achieve my goals first. Then I am in a position to help others.

Next, I will discuss the fundamental tasks of this Book Arb business and how best to apply them.

Click Here To Start Making Money

Success Made Certain

With our minds set for success and a phenomenal money making business model our success is inevitable. No stress, just success. It doesn’t mean we don’t meet challenges. It just means we move through them because we are on our way back to where we’ve been and we are enjoying the journey along the way.

“If you can see it in your mind you can hold it in your hand.” ~ Bob Proctor

Since we created in our minds what we desired to achieve with book arbitrage before we started we have a very clear vision of what that looks like and the ways to achieve that.

marketing school business idea

Because this vision is so clear it is easy, well much easier at least to accomplish. We created a road map and it would feel way more painful to stop now than to keep going.

That is for a few reasons. First, we are creating more money everyday so why in the world would we stop? Second, the decision and triumph has been experienced internally that this is the easiest and fastest road to wealth creation for us so that is what we are living. Third, it would cause us more pain to stop now than to continue on the road to certain wealth.

Let’s just consider that last statement for a moment. It would cost us more to stop now. I’m not talking about the financial cost here although as I said why would we stop this money machine now? The internal price to ourselves would be too high. It would be like pulling out of the gold medal race when we were set to win.

As brilliant as the system is and it is brilliant, if there are doubts built into the mind then it can sabotage and delay results. It can cause frustration and hesitation. Without a clear map then it could be easy to get lost along the way and the mind could throw up excuses when challenges come and offer reasons to give up.

Can you imagine what that would feel like? You have the prize in your reach and you decide not to cross the finish line. Now that would be painful and illogical.

It would be very uncomfortable for us to even consider let alone do. When we apply that principle to achievement of success i.e. that it would be more painful to stop than to keep going then guess what? Success is certain.

“You get in life what you have the courage to ask for.” ~ Oprah Winfrey

Our minds have accepted it as done and lights up the path for us. Pulling out of the greatest opportunity we’ve ever encountered would make no sense on any level. That is the way to create certain wealth. With that kind of knowing. We’ve seen the end result in our minds so it is easy to reverse engineer the steps and then move forward.

With our minds set for success and a phenomenal money making business model our success is inevitable. No stress, just success.

We get up every morning and simply move the needle towards the next step, and the next and the next….

It doesn’t mean we don’t meet challenges. It just means we move through them because we are on our way back to where we’ve been and we are enjoying the journey along the way.

Be sure to be clear about the kind of success you desire to create with book arbitrage and every other opportunity in your life. Be certain that it brings happiness along the way as well as with the final destination.

Why go if the trip itself isn’t delicious? Time is the one thing we do not get back so it is important that you consider the time you give this as valuable and worthy of your attention and effort.

Once you are clear with this and with the outcome you desire then success is for certain for it is on your terms.

Next, I will discuss the power of going to give and the benefits of that in my journey so far with book arb.

Click Here To Start Making Money