Joining the top 20 percent of income earners in your field should be a goal for every entrepreneur. If you are going to invest your time, money, and energy into a business venture. Then give that venture a chance to succeed by committing to join the top twenty percent.
Is it all about the money? Yes it is. Money is not everything but it is important. If it wasn’t the money you would have just kept your job and ride off into the sunset. But since you did start a business you might as well strive to be in the 20% of your industry.
The awesome thing about the Top 20 is everyone there started at the Bottom 20. Those successful people did something different with their time, talents, strengths and money. That put them on the road to financial success.
How to Get in the Top 20 Percent
Make a Decision
Know why you started your business. You have vision. All it takes is for you to decide to be one of the top people in your field. Decide and take action.
Follow The Leaders|
Decide to follow the leaders. You do not suffer from lack of information. There are tons of books that can teach you about your industry. There are coaches and seminars.
The top people in your industry learn and get better. Don’t reinvent the wheel. There is a blueprint for success so model the successful. Learn from the best. Does it cost an investment? Yes, so invest in yourself.
What do the Top 20 Make
The truth is if you are looking to make an extra $100-$500 per month go get a job. It is much easier and you can get ahead financially with that. Don’t waste your time striving for those short dollars.
Work at Starbucks on the weekends, deliver pizza, pick up a paper route. Don’t waste time in a business for only six grand a year. Google the top 20 percent and align your plan with that income bracket.
Take 3% of your annual income and invest it in your education. Go to seminars, events, and if you can get private coaching. Read books and implement what you learn. If you make $100k per year then you should invest $3000 into your self-education. It’s a great tax write off.
3 Simple Steps
To be in the Top 20 percent requires discipline and application. Here are 3 simple steps that will help you break into the Top 20 Percent and become one of the best in your field.
1. Read for 60 Minutes Everyday: Stop texting, watching TV, and checking your social media accounts. Read material in your field, industry, and personal development. Get a reading plan and stick to it. Read before you go to work. This will breeze you by the competition because most people don’t commit to reading.
2. Turn Your Travel Time into Learning Time: Listen to audio training while you are driving or using public transportation. Take notes and record aha moments.
3. Attend Seminars and Events: Take online courses, attend industry events, and meet people. I met my business partners, my inner circle, and mentors at events. It’s a great way to connect with like- minded people while you are learning.
Follow these simple guidelines and set your destination to be in the Top 20 Percent.