When you’re starting a business and thinking about leaving the corporate world behind for good, it can seem pretty crazy and out there to some people in your life.
Particularly if you’re leaving behind a “good and successful” job that looks great on paper.
Starting a business is risky. It’s not guaranteed.
For some people, that risk and uncertainty can be too much to bear.
Some may discourage you from making the leap because they want to keep you safe.
If you find yourself in that situation where people in your life and discouraging you from taking action on your business dream then this week’s episode is for you.
That’s where the personal success formula comes in.
I adapted this formula from an awesome book called Think and Grow Rich by Sharon Lechter. This is based on Napoleon Hill’s book, Think and Grow Rich, which is the original classic. If you haven’t read both books, I highly recommend them.
In her book, Sharon shares a personal success formula, which I want to share with you today. For the record “success” is whatever you define it as.
For some people, it’s a certain amount of money. For some people, it’s contribution and impact. You make of it what you will, but the steps that are taken to get there are pretty simple.
Side note: I’ve adapted the formula a bit because I think you’ve got to start with your Confident Edge first. If you don’t know how to find yours, then make sure you check out how HERE.
So here’s the personal success formula:
Let’s break it down:
Your confident edge is your zone of genius where you are pursuing a business you love and serving a need in the market.
You then multiple that by your associations (which is what we’re going to cover this week). This is who you spend your time with. It’s the relationships that you have in your life.
Then you multiple it again by action. Taking action is what’s needed to become successful. You can hope, wish and dream all you like but unless you do something about your dream then you’re not going to make it happen.
Then you’ve got to add in a splash of faith!
I’ll go into the other elements of the formula in the coming weeks but this week I’m talking about associations.
It’s critical to have relationships in your life that support you going after your definition of success.
In my books success is starting a business that you love that makes you feel truly fulfilled and happy at the end of the day, and supports a lifestyle that allows you to enjoy everything that life has to offer, whether that’s travel, whether that’s private education for your kids, whatever. There’s no right or wrong. It’s whatever’s right for you.
Associations are important on two levels.
One, you want to have the right associations in your personal life and be able to have people that you can confide in to help with the internal stuff that goes on.
People who understand what you’re going through. People you can brainstorm with. Whether that be a mastermind partner, mentors, coaches etc.
Second, on the outside, you want to be cultivating associations with people in your industry and forming relationships. When you’re in a business, at the end of the day, it is about people. It is about relationships and whether somebody gels with you and you guys are on the same wavelength. You really want to be cultivating both.
Particularly at start, you want to make sure you’ve got your posse, your tribe, and your group of people who are there to support you internally. That’s what I’m going to focus on today.
What I want you to do is think about the people in your life who are supportive and cultivate a relationship with them. I know that can seem really forced and perhaps a little bit calculated, but in today’s world, we’re all so busy. To form great friendships and to form great relationships, it takes time and effort.
You have to put in what you want to get out of a relationship. I’m a big believer in giving value and being there for the other person and reciprocation will happen if you’ve done it the right way.
Actually, earlier today, I was on a call with a few of my colleagues. The four of us were on call. Three from the States and me here in Hong Kong. We catch up once a month. We talk about what’s going on and we help each other in whatever area we need.
We’ve made the effort to form a relationship and reach out when we need help and schedule time in our diaries to be there for each other. Think about who you want to be forming a relationship with.
Jim Rohn has a very famous quote. He says, “You are the average of the five people you spend the most time with.”
I’ve seen adaptations, with people saying, “Your income is the average of the five people you spend the most time with.” It doesn’t really matter.
The point is that, when you’re with people who get what you want to do, they’re supportive, they want to help you, and they’re going to lift you up and support you in going for your dreams, that’s when you’re actually going to be able to show up as your best self and have the confidence and have the courage to go out there when it’s scary and daunting.
Tony Robbins has said that starting your own business is the best personal development course you could ever take, and I wholeheartedly agree.
Your challenge for this week is to answer the following questions:
Who are the people in your life that are supportive of you?
How can you cultivate a relationship with them and really build a true, true relationship with them?
I feel so grateful that I have friends and colleagues all across the world that are super-supportive, and it takes time and effort. So start today.
If you don’t have people in your immediate circle, then get creative.
- Who can you reach out to?
- Who are the types of people that you want to be associated with, form a relationship with?
- How can you add value and get that conversation going?
Leave a comment and let me know.
P.S. Did you miss out on the free worksheet from last week to help you find your confident edge? Make sure you watch the video and download your free copy HERE.