Be a True Lifestyle Entrepreneur (w/ Marc Teo)
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We teach you how to systemise & scale your business past 6-figures without sacrificing familyโก Biz & life lessons from $6M+ in client results, 150+ private clients - while being a present dad & husband. Grab my free 7fig playbook: www.marcteo.com
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Surround yourself with the RIGHT ENVIRONMENT.
There's too much noise out there. Be selective about what you are reading, who you are following.
Are they there to create FEAR, or there to create VALUE?
Deep Breaths. You Got this.
Click here for details of my biggest giveaway in 2024 ever :)
https://www.facebook.com/share/p/GPURHPaLTsKp1r3G/?
After working with more than 250 individuals and businesses, I see many people make this mistake.
They either create an offer that sells extremely well but they donโt enjoy, OR an offer they are passionate about but the market does not resonate with.
If you want to win, you need both, just like many of the people I have served who generate 5-figure months while enjoying what they do (thanks to their Golden Offer).
And the first step to achieving the above?
You must BELIEVE itโs possible in the first place.
This is because if you donโtโฆall the strategies, tactics, and tools in the world canโt help you.
But if you start being open and believe that designing a business & offer that makes money WHILE enjoying your life is 100% possible,
You canโt help but to eventually succeed.
I recently found out Ali Abdaal โscrewed upโ
In his recent video, Ali shared how his passion project of selling keyboards didnโt go as well as planned. He was criticised not just by keyboard warriors but also by many keyboard enthusiasts too (still amazing thereโs such a thing, haha).
And so, what is the mistake that Ali did?
โHe did not have a Golden Offer.โ
Ali Abdaal launched a product that aligned with his interests and passions but was not well received by the market.
Kudos to Ali for doing it, but as he shared in the video, he should have gotten more market feedback about the keyboardsโ quality before launching.
So as you embark on your business journey, remember to have an offer that sells well WHILE you enjoy what you do too.
And thatโs how you win for life :)
โค๏ธ๏ธGet clear of WHAT you enjoy the most in your business, and design what you do around that.
Because at the end of the day, the strategy is the one you can do the longest.
How to get 10X more done than 99% of other people
Some of you might have heard about this strategy before, but hereโs a quick reminder of what the 25/5 rule is.
โList the top 25 priorities in your career/business now, then choose the top 5 and focus only on them.โ
As I like to always say, itโs never about whether you have enough time; itโs about whether they are your priorities.
For example, when I started my business, my only priority was to get my first 5-10 clients. Everything else (e.g., website, brand, hiring, systems, etc.) was a distraction.
Fortunately, that worked as I generated my first $100K in less than a year.
If you want to find more time & become crystal clear on your priorities moving forward, click here to learn exactly what I do every 90 days to do so.
https://www.youtube.com/watch?v=CvPLts7lGKM&t=1060s
"Even if I retire, I will continue to invest in high quality masterminds with friends that I can learn and grow together with."
"I will invest in coaches & mentors, who can provide me with personalised feedback and support; for every major area of my life."
That's exactly what I wrote down 4 years ago when writing down the vision for my life.
Here's the update (click here)
P.S. I also share one of the most powerful life visioning exercises I did 4 years ago, and you can check it out for free too.
How to have Insane Levels of Energy like Warren Buffett
Itโs crazy to think that Warren Buffett, who ate a rather unhealthy diet of Coke, MacDonalds, etc., is still alive today.
In fact, he probably has more energy than many people half his age, and here is why I believe this is the case:
He loves his work!
But before you say thatโs only because he makes billions of dollars, if you knew him, youโd know he lives a pretty humble life. He was also said to have enjoyed his work since he was young and starting his career.
After many years, I finally understand why many rich people continue to work even though they donโt need to. This is because I know that even if I retire today, I will continue to coach clients and create content & playbooks to impact even more people, aka a true lifestyle business.
While I am not retired yet, I am willing to work more than my required 2-3 hours/day because I enjoy what I do.
Click the link below to learn how I went from zero to $15K/month in a lifestyle business that I enjoy (tactical guide).
https://www.youtube.com/watch?v=Mm4fSJkvx4U
While many people find Warren Buffett a great investor, he also finds great people to be around.
He found brilliant mentors like Benjamin Graham.
He identified great operating CEOs for his portfolio companies.
He partnered with amazing people (e.g. Charlie Munger).
This is exactly what legendary business coach Dan Sullivan says in his book to find the โWho, not Howโ.
This is also why I have become extremely particular about who my clients, partners, and even mentors are; this has helped me to accelerate my financial & personal growth.
To help you further, here are some of the biggest lessons I learnt from my business coach that I invested $50,000 to learn from.
https://www.youtube.com/watch?v=R4WeARb66B0
Unpopular opinion: Warren Buffett is popular not just because of his investment results.
Itโs also because people are attracted to him as a person because of this:
You can see that he genuinely enjoys what he does.
You can hear the enthusiasm in his voice.
You can feel his passion for work & life.
You can sense heโs simply being his wise but childlike self.
Yes, there can be ups & downs, and I understand we canโt always be happy, but what I learnt from Warren is his positive outlook and spirit of living life to the fullest.
And I know itโs going to sound crazy to say thisโฆ
Even if I do not achieve my goal of $50,000/month or 10,000 subscribers, life is good.
I have work that I find meaning & fulfilment in.
I have amazing family members & loved ones by my side.
I have the freedom to travel & see the world.
I have amazing friends to laugh & hang out with.
Life is good :)
If you want to find more time & become crystal clear on your priorities moving forward, click the link below to learn exactly what I do every 90 days to do so.
https://www.youtube.com/watch?v=CvPLts7lGKM&t=1060s
Many of us try to emulate the strategies of gurus and celebrities with hundreds of thousands of followers (or more). Many have built their audience for decades or spent hundreds of thousands of dollars on advertisements.
They can publish a simple post or email and attract hundreds of leads and buyers in a few days. As such, many of these gurus are usually too big to care for each individual.
For those who do not have huge lists like us, we win by authentically connecting with every single lead and follower via personal conversations.
As I share with clients, DMs are rocket boosters for most lifestyle businesses.
Like airline companies that provide different ticket categories (e.g. Business class, Economy, etc.), I offer 3 tiers for my clients to choose from.
Note that these are not separate offers but one program with different levels of access to me.
This allows me to cater to my clientsโ preferences, speed, and budget and serve them accordingly. This maximizes customer lifetime value, and everyone wins.
I will share more about this in the Golden Offer Workshop (100% risk-free).
๐ช๐ต๐ฎ๐ ๐ฎ๐ฟ๐ฒ๐ฎ๐ ๐ผ๐ณ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐ฑ๐ผ ๐๐ผ๐ ๐ป๐ผ๐ ๐น๐ถ๐ธ๐ฒ? ๐๐ฒ ๐ต๐ผ๐ป๐ฒ๐๐. Having to sell myself and my โaccomplishmentsโ all the time.
Being in the industry, Iโve learnt that sharing our results, including income, sales, milestones, etc., is important to stay relevant (e.g. making 6 figures, generating millions of revenue, training 3000+ folks, etc.)
Iโve accepted that people will secretly โjudgeโ me for doing so, labelling me as just another guru or being a show-off, etc.
Personally, I just like sharing what Iโve learnt and coaching clients. However, even with the best product in the world, Iโve learnt that you canโt impact many people (or make much money) if no one knows you.
Instead of โcelebratingโ my results all the time, I also try to share my best lessons so others can be inspired or learn something from them.
Lastly, something I found is that if I am someone who truly wants to help more people and make more money through my businessโฆ
This is the price I am willing to pay to succeed.
๐ช๐ต๐ ๐ฑ๐ผ ๐๐ผ๐ ๐๐๐ถ๐น๐น ๐๐ฒ๐ฒ๐บ ๐๐ผ โ๐ฏ๐๐๐โ ๐ฑ๐ฒ๐๐ฝ๐ถ๐๐ฒ ๐๐ฎ๐๐ถ๐ป๐ด ๐๐ผ๐๐ฟ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐ด๐ถ๐๐ฒ๐ ๐๐ผ๐ ๐ณ๐ฟ๐ฒ๐ฒ๐ฑ๐ผ๐บ?
This is probably the hardest question I had to answer because I used to feel a lot of guilt for this.
For one, I love hanging out with my friends & loved ones. I always have, and I always will.
However, I canโt help but feel that my mission is to grow my business, impact more lives, and develop my skills and knowledge during this period.
Itโs hard to describe the feeling, but thatโs probably my best explanation.
This is also why I LOVE teaching or coaching my friends too.
๐๐ก๐ ๐๐ง๐ ๐๐๐ซ๐ฌ๐จ๐ง ๐๐ก๐จ ๐๐๐ฅ๐ฉ๐๐ ๐๐ค๐ฒ๐ซ๐จ๐๐ค๐๐ญ ๐๐ฒ ๐๐ญ๐ซ๐๐ง๐ ๐ญ๐ก, ๐๐ง๐๐ซ๐ ๐ฒ, ๐๐จ๐ฌ๐ ๐๐๐ข๐ ๐ก๐ญ, & ๐๐๐ก๐ข๐๐ฏ๐ ๐๐๐ฒ ๐๐จ๐ซ๐ ๐ข๐ง ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ & ๐๐ข๐๐
Click here to find out who it is & the biggest exact lessons I learnt from him.
I have shared an amazing Ultimate Guide to High Performance there that you can download for free too!
Whether you are currently going through a tough time, cruising through, or just feeling tired or uncertain about life right now, remember to take care & be kind to yourself today. You got this! ๐
๐๐ ๐ถ๐ ๐ฟ๐ฒ๐ฎ๐น๐น๐ ๐๐ต๐ฎ๐ ๐ฒ๐ฎ๐๐ ๐๐ผ ๐ฏ๐๐ถ๐น๐ฑ ๐ฎ ๐๐๐ฐ๐ฐ๐ฒ๐๐๐ณ๐๐น ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐๐ผ๐ฑ๐ฎ๐?
Yes & no.
Yes, because at the end of the day, having a successful business is generally about 2 things:
1) Having a great product/service that can deliver on what you promised
2) Getting more people to buy it
We have also crafted 40+ step-by-step playbooks, guides, case studies and scripts to help folks save lots of time and effort from figuring it out on their own.
No, because humans are not robots.
This is why one of my favourite quotes by Tony Robbins is this:
โSuccess is 80% Psychology and 20% Strategy.โ
Itโs not easy because humans struggle with focus, self-doubt, procrastination, imposter syndrome, quitting too early, and impatience.
I know because Iโve struggled with all of these before.
This is also why Iโve engaged an amazing coach, @kwong_wai_wai, to help my clients overcome the above. She has worked with Tony Robbins' team for 4+ years and has built a successful lifestyle business too.
But my suggestion is thisโฆnot everyone has to build a business. Only do it if you really want to.
Iโve had clients coming in who think they need to build a business, but we realise they are better suited for an employee role instead.
By working with us, they could find more lucrative, fulfilling, and amazing jobs that support their ideal lifestyle and goals.
One of my private clients even 4Xed her income in less than one year.
๐ช๐ต๐ ๐๐ผ๐๐น๐ฑ ๐ฝ๐ฒ๐ผ๐ฝ๐น๐ฒ ๐ฝ๐ฎ๐ ๐๐ผ๐ ๐๐ต๐ฒ๐ป ๐๐ต๐ฒ๐ ๐ฐ๐ฎ๐ป ๐ฑ๐ผ ๐ถ๐ ๐๐ต๐ฒ๐บ๐๐ฒ๐น๐๐ฒ๐?
They understand that doing it alone can be extremely tough, challenging, and usually takes longer to succeed.
Everyone can succeed independently, but I usually use the metaphor of the difference between walking to your holiday destination (e.g. Bangkok) versus taking a plane ticket.
The first way is โfree,โ but it will take much longer and involve many more obstacles.
The second way costs up to a few hundred bucks, but you get there smoothly.
If people can understand this philosophy for their holiday destination, why not do it for other areas of their lives?
And if you look at the richest and most successful people out thereโฆyou realise that most have coaches or mentors to support them.
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