Why Most People Fail - In Business & In Life (Part 1) | Mike Iser | Skillshare

Why Most People Fail - In Business & In Life (Part 1)

Mike Iser, You can be do or have anything you want!

Play Speed
  • 0.5x
  • 1x (Normal)
  • 1.25x
  • 1.5x
  • 2x
4 Lessons (16m)
    • 1. Introduction

      1:27
    • 2. Yes, You Need This Much Detail!

      5:34
    • 3. How, how, how, how, HOW?!

      2:32
    • 4. Don't be Gollum! + Wrap Up

      6:05

About This Class

Are you stuck in your business? Not sure what you need to do next?  Not achieving the goals you want as fast as you would like?

In the upcoming videos, we're going to look at the common reasons people fail in business and in life.

Once you've completed this class, you will know what the most important things are to focus on to take your business or life to the next level.

Click the enroll button above to get started!

Transcripts

1. Introduction: Hey, guys, Mike, Eyes were here, and welcome to this class where we're gonna be discussing the reasons why people fail in business and in life. Now, if you happen to be an entrepreneur business owner, if you understand these concepts that will be discussing this is a three part class. If you understand all these points, it's gonna help you to get unstuck. What's gonna help you to come from certain realizations within your business that is gonna push you to the next level so that you will see the results that you want in the time frame in a time frame that is more to your liking. Okay, so if you are not seeing results in your business in certain time creamy feeling to be further ahead or you find that you don't feel clear on what it is you need to do to get your business to where you want to be or if you happen toe lack. Focus. You can't really find the ability to focus to do what you feel you need to do. If you're having any kind of issues like this, that is not a lot of you to see the results. You want in your business. This series will help you to get clarity on that. So if you're wanting to know what these tips are with these points are why people feel in their business. And also, some of these tips can be applicable to other areas in your life, which is what I say and in life. Click the enroll button down below and I'll see you on the inside. 2. Yes, You Need This Much Detail!: Oh, right. So first things first. Most people, they have no clearly defined goals. So in order to create something in your life, you need to clearly define what it is that you want and be as specific as possible. Now, when I say that, I mean, for example, if you want a car, you can't just say, OK, I want I want a new car that's a little too general. It's a little too broad. Um, even if you say that you want a BMW, that's still a little bit broad. If you say you want a BMW I eight, that's a bit better. But still you need to drill down, really drill down. What kind of interior do you want in the BMW I eight? What are all the features that you want in the car? You want heated seats? What kind of rim's do you want? Can you visualize the interior of this car? Do you know the the main specks of this car inside and out? Can you close your eyes and visualize this car from every angle? Can you see the inside of the car yourself sitting in the inside of the car? How it would look, you need toe fully engulfed yourself in the goal and during. I don't know why. This this works, but the clearer. You can see your goal in your mind and visualize yourself having that goal in your mind. It pulls you towards it. It makes it so that it seems more real to you, like if you just have it as an idea floating around in your head and it's not clearly defined. It's not as riel, but when you really absorb yourself in that goal, that desire and you visualize that you go through this exercise, it becomes more really and then pulls you towards doing what is necessary to obtain that goal. It gets, ah, passion built up within you when you do this, next thing you want to do is you want to write down on paper what you want. When you cement your thoughts in your head to paper and physical eyes, your ideas. There's a shift in how you relate to that goal. Now, if it's just an idea that's bouncing around in your head, it's a witch. But when you start thinking about it, writing it down on paper and really crystallizing in that sense in this three dimensional reality that we all live in, right? It's not just floating around as an idea. When it's crystallizing some format in some physical format, there's a switch that happens, and it's really like I don't know how to explain this, But there have been studies on this, and here I'm gonna show you one right now. Dr. Gil Matthews, a psychology professor at the Dominican University in California, did a study on goal setting with 267 participants. She found that you are 42% more likely to achieve your goals just by writing them down. So this is something that is not only shown in a study to be so, but it is a habit of many wealthy people that they right there goes down on paper. So if you're looking to duplicate the success of those who have made millions, you might as well follow in their footsteps and do as they do. So I'm gonna take one more moment here, actually to go over crystallizing and clearly the funding your goals, because I do understand that some people may not have a desire for a car some people might just want more money. And, you know, it's all well and good to set a goal for, say, 5000 month or 10,000 month. However, it helps if you're even mawr clear in the sense that you break down. Okay. If I set a goal of 5000 per month, what am I gonna do? If I suddenly get a check for 5000? How am I going to spend it? Do I know where that money is going to go, like, right away. You have to be really clear, like, OK, I know that my expenses I have, you know, electric Bill. 75 bucks. I got maintenance. $439. Have X Y Z. You have to plan it all out and then come to a specific number. Maybe it's something like Okay, Mike, my monthly expenses are $2347. Write that down. Okay. And that How much is gonna go to taxes? Oh, you forgot about taxes, right? Well, you gotta count that in as well. Know how much you're going to taxes and okay, what's left over and find out what you're going to spend that leftover money on, You know, maybe 1000 of that's gonna go to entertainment you're gonna buy. I don't know by a gaming system. I'm Xbox one. You have to really break it down to that level. Okay? Just want to take some time out to explain the power of being that specific with your goals . It really does help. So the other thing is, is sub goals. You need to be able to break down that overarching goal down into immediately actionable goals. So, on a day to day basis, what goals can you set that move you closer to your end goal of having 5000 month, 10,000 month or that new car, that new house, whatever it is, What are the day today Goals that if you take action on those goals, will lead you step by step, step by step to that ultimate goal. So have daily goals, daily sub goals and also weekly goals to get you there. All right, so that's it for this one. See you in the next life. 3. How, how, how, how, HOW?!: you know the reason why a lot of people fail when they're approaching their business endeavors? Is there too focused on the how you know? How are we gonna do this? We don't have enough funds. How are we gonna make this happen? Um, it's just not your job to know precisely how everything is going to come together. Now, I'm not gonna go into, um, anything religious. But if you believe in God, or if you believe in all that, all that is if you believe in universe putting things together secret mystically, regardless of or fear on a theist, it doesn't matter. Just understand that in the moment, you can't possibly know how everything is going to come together in the end to bring you what it is that you want. But all you need to know is enough just enough to take the next step. So when you take that next step, think of it as if you're crossing a puddle and a bunch of turtles are coming to the surface to give you a shell to step on. You just need to know enough to take that next step onto that next turtle show. And then once you take that next step onto that next turtle shell, then another turtle shell will pop up in front of you, or another stone will pop up in front of you in this magical, uh, pond. That's, you know, helping you to get across the pond, right? It's like here's another example when you're going from New York to L. A. In a car, right? Say it's extremely heavy fob the whole way through. All you need to do is focus on at least a couple yards ahead of you in the car, even if there's a great deal of fog. If you just focus a couple of yards ahead of you in that fog and you follow your directions , you'll eventually get to the end destination. You just need to be able to see enough. Just see a little bit further ahead of yourself. That's it. So focus on your goal, your desire, and take action on the opportunities that arise on a day today basis that will bring you closer and closer to that end goal. So each day, ask yourself, What can I take action on today? That will move me closer to that goal and then take action on that, all right, and be open to all possibilities that pop up from time to time. Things might might unexpectedly pop up. That will progress you even further along your path. But don't get Don't get stuck on the how of things, Right? So that's it for this life. 4. Don't be Gollum! + Wrap Up: another very big reason why people fail in their business endeavors is do the shiny object syndrome. Now what is it? It's basically moving from opportunity to opportunity for one Chinese object to the next shiny object. It's not sticking with anything long enough to build enough momentum to see results you're looking for. So the whole the grass is always greener on the other side mentality. And oftentimes, when people jump the ship when they move to something else, they because they've come across an obstacle or some sort of a challenge that pulls them outside of their comfort zone, makes them uncomfortable to take continued action along that path, or it challenges their belief in the system that they're following. They start thinking maybe this isn't gonna work out. Oh, I don't know how to get over this. Maybe I should try something else that's gonna work a little bit better instead of just buckling down, putting on the blinders and making a decision to adhere to this blueprint through the challenges with laser focus and single minded intent, that is a key to having breakthroughs in the business endeavors that you are undertaking. If you constantly go from one business opportunity to the next business opportunity. You're never gonna stick. You're never going to stick with it long enough to break through those challenges. Those challenges exist in every business opportunity. If you keep going from opportunity to opportunity, you're still bringing that same mentality with you, where at the first sign of any adversity, you jump onto the next ship and it will be a never ending cycle. So keep in mind shiny object syndrome. It's much better. Bottom line is this. Lots and lots of blueprints work. It's up to you to stick with the blueprint long enough to see the results. So work the blue print and don't go from one to the other. Don't do the shiny object syndrome, I think. All right, say to for the next slide. So do you have a goal? That's what I want to ask you right now. Do you have a goal? Let's get clear together on what it is that we want. So what is your primary goal? But you're striving for in your business or just in your life? Is there a chief overarching goal that you have in mind for yourself? And remember this is important. Get as specific as possible with regards to what it is that you want. The more specific, the better. But it's important that you have a goal in mind, as we've discussed, and it's important that you not only do that, but you write it down. So what I want you to do is I want you to go over to the project section of the video that you're currently watching and scroll down to over here and enter in a project title So you could put in here my chief aim. Or you could also say, my frying goal, whatever you wanna call it and think to yourself, Just take some time out to really think Take a minute, take two minutes. Take however much time you need to think. What is it that I want? You know? Do I want a car? Do I want a house? What kind of house? What will the house? What kind of square footage am I looking at? Where will the house be located? If it's a car, what kind of car? What make what year? What's the color of the car is a sports model? Uh, is it you know what kind of ring rims does it have? What kind of engine doesn't have? You have to figure out all the details. And once you have a good, clear visual of everything, right down as best you can, what it is that you want. So, for example, I'm just gonna right down here. I want a $10,000 a month income. Now, you could just write this and just stop right there. It's fine, is perfectly fine toe. Have a dollar amount as a goal. However, you could also take this a step further. You know, I'll leave this up to you How much you want to commit to yourself here, But you can also say, Okay, let's break that down. Where would this $10,000 go if I were to get this money? So obviously some of is gonna go to taxes, So let's just say $4000 to tax right, 40% tax, Let's say and I'm gonna have about $3000 of expenses. And you know, you could break that down further into How much for your maintenance of you on a condo? How much for your food? And Tom a tree or your gas. All those expenses. You could break that down. Well, let's leave it simple for now. And let's just say $2000 for entertainment, Okay? So whatever you want to do, go up to see a movie or have dinner or buy something by some clothes or whatever makes you happy. And let's leave. I think the remainder here $1000 4 savings, right? So once you're done with that breakdown, then you have a much more clear aim to strive for, Right? Just make this look nice. Then just click create over here. So once you've written down your goal to this level, it starts feeling more riel. It's starts. You start connecting with ITM or in a different way than if it was just an idea bouncing around in your head. This is powerful. So take the opportunity to get clear on your goal, right it out to create this. And I'll see you in the next part as one second year. Okay, back to the slides. This is not it. We still got mawr. Parts is the end of part one part two will be coming up, so stay tuned for that