Most entrepreneurs start a businesss with the dream of becoming wealthy and enjoying freedom .. yet end up stuck in a job they can’t quit, working for less than they could if they just went and worked for someone else!
It doesn’t have to be this way. In this video, you’ll hear specifically why most people fail with money, and exactly what you can do to immediately increase the amount of money you’re making. I’ll also show you passive income is a lie, and dangerous for your financial health.. and what kind of income you should be creating instead.
Please, don’t forget to leave a comment with your thoughts on the video, and what you learned!
Hey Greg,
No wonder you are wealthy! Great stuff.
I loved the video! It was very relevant to the topic about becoming an engaged entrepreneurer. The idea about Passive Income is not new to me but did shift my perspective about the myth of getting something (ie. money) for nothing (ie. without any effort). I have a condo that I rent out and considered it to be a source of passive income because I do nothing at the current moment to ensure that rental income keeps coming in every month. BUT when I really think about it, I do respond to my tenant's emails from time to time and pay the building manager a fee of $250/year so that I don't have to get called out to fix leaky faucets or broken toilets. If I didn't make the effort to respond to tenant emails or write cheque every year for the manager, I would stop earning an income. So, it's more like 'effortless' income rather than passive income because I leverage my computer and building manager to make my experience a lot easier on all fronts. As for money (currency) not growing on trees, I say to reach into your wallet or purse and grab a paper note, and then contemplate where paper comes from.
Thanks Greg,
Sammy
This is the most inspiring and life altering thing I've heard in a LONG time! I wish you presented this at Engage Today, it would have been my pick for top presentation!
Seriously, if this doesn't go viral, I don't know what will. You nailed it!
Hi Dineen:
Funny you mention it.. I'm going to be presenting some of this content, and a ton more brand new stuff at this year's Engage.. so I hope you're coming to that event. It's going to be awesome! Thanks for your feedback.
Regards,
Greg
John, it takes one to know one! :-)
Appreciate you taking the time to check out the videos and what I'm up to. I am hoping that we do some work together soon, because we are similar on many levels.
Regards,
Greg
Hi Greg. Yes, I would absolutely be interested in a presentation on economics, debt and inflation. One topic that everyone who is interested in wealth creation and preservation should take very seriously.
Great presentation Greg,
I could totally relate to so many of the things you talked about in your video regarding money. I loved what you said about offering more value and the money will follow. I believe that is what has happened to me and I am so grateful. I have always believed that it is in giving that we get. I have always been a giver and it is just part of who I am. I am very passionate about coaching and helping people. Thanks again.
Phyllis Pieri
Your Franchise Coach
Hi Greg
brilliant stuff, learnt alot and also a recap on things already knew but the way you explain it, they really sunk in this time :)
I am a new entrepreneur, creating my own business as rawfood and healthy lifestyle coach and trying to get my own unique place in the this market.
thanks for sharing this with us, appreciate it
look forward to watching your next video
Jane
Aloha Greg,
I found your video from John Assaraf. Incredible and very valuable information. Robert Kiyosaki says basically the same thing about money and our currency.
Thank you for addressing all of our past programming about money and changing our perspectives.
Aloha,
Kellie :)
Greg,
WOW! If I had a lamp next to me during this video... I would have turned it on, at least 20 times! Such amazing content. You really have a gift at saying things the way people need to hear them. It's as though I 'heard' everything you just said (which hardly ever happens btw!) because you said it in a way that just made sense.
As a young entrepreneur, this kind of information is invaluable and will help myself, as well as others add our value, much quicker than before!
Thanks so much again.
With great gratitude and well wishes from NL,
Jennifer
Hello
Great video, alow us to break with old ideas and beliefs.
Thank you!
Great Content! Leveraged Income...makes sense. Thanks.
Value....well, clearly, that is likely the best subtitle for all of these videos! I wish they had covered some of this in the Northwestern University MBA program. They may touch on some of this now. But much of this, if fully realized, is comparable in value to an MBA. Would like to attend EngageToday. Next year for sure.
Again, many, many thanks.
I just got yet another email talking about "passive income" as I was watching your video. As a full time real estate investor who got into this business hoping for passive income.....I can tell you from experience that there is nothing passive about real estate! As soon as I stop being active in my business I can guarantee that something comes off the rails. By active I mean managing my staff and partners and not changing toilets. The more I leverage their efforts and talents the more successful we all are! Yes I get paid when I am climbing mountains and sailing the seas but I am never disengaged from my business.
Great video Greg. If I know you this is just the tip of the iceberg and Engage Today will be an eye opening experience for the Entrepreneur!
The 5 Key to Creating Value is Awesome!
Comment on Key 1 Awareness: i really like the thing you said about how people buy base on want not so much on need.
Comment on Key 2 Relevance: i Love what Wyatt Woodsmall says about this topic and how to paste and lead
Comment on Key 3 Market Size: Getting Clear on my Hot Niche Powerful
Comment on Key 4 Desire to Change: Help people who want change Identify the real reason why they still are not getting the results they want!
Comment on Key 5 Effectiveness: making sure that my Solution is simple and easy to use so they get the result what the market wants... and that its in their model of reality so they believe it. as to tell my Story
Bottom Line
it's about Attracting Money, by Creating Value that Others Desire, Value and Seek out!-Greg
Awesome Quote my Friend!
Great Stuff!
Thanks for the Feedback and Insight
Christian
I like the merry-go-round explanation. It is easy to keep in mind. Thank you
Greg,
Thank you for demystifying money and the “chicken or the egg” conundrum of money attraction. And I continue to be blown away by the organization and style of your presentations that keep me engaged throughout. Very powerful.
Hey Grey, Creating more value to make more money is something very powerful concept. Great Video. Thanks. Fayaz (from INDIA.)
Wow! This information (including all the videos) is truly inspiring. For years I have been trying to understand what I can do to grow my business yet have wasted a lot of time and money. Now I understand not to simply guess what people want and that they don't (always) respond to what they need! Equating the concept of money as value and the truth about passive income (and viewing it as leveraged income) particularly stand out for me.
Over the years I've researched a huge amount and learnt a lot but your presentations have connected all the dots and given some incredible insights, which have provided me with that essential mind shift. Plus, I love the way you present this information, just being you.
Thank you, thank you, thank you. I can't wait to play the next video.
Warm Regards,
Janice.
(UK)
Hey Greg,
another breakthrought with this video. The concept are very neat and logical, I've heard the concept that money is a "commodity", a mean rather than the final end product. The idea that money comes back as we create more value is something quite innovative, yet still reasonable and true. The law of give and take, the more you give to others, the more you get back in many different way: money, respect, appreaction, etc.
I am a bit curious about the story about why governments love "inflation"; is there any chance you can talk about this too in the future?
Best regards,
Franco
You have done it again; given incredible value in such easily understandable language, all within that "50-Minute Focus!" :) I am particularly directing my attention to the "Awareness - what does my target market WANT," and ensuring that I am "speaking their language." Thank you for sharing such valuable content!
In-JOY,
Andréa
Hello Greg,
Thank you for the great information that you have provided in these videos. I've been sharing them with anyone I think could benefit.
I would like to learn more about the economy, inflation, money, etc, could you please send me the video you mentioned in this video.
Thank you, again.
MJ
I will do a video that talks about inflation, money, debt, etc. as that seems to be a topic a lot of people are interested in. Thanks for the feedback and kind words.
Greg,
Well put when it comes to integrating leverage and systems into the future of the entrepreneur. Its what my businesses are all about and it totally turns me on to discuss it every chance I get.
Thanks for the content very valuable stuff, very well said.
To our success!
Kimberly
great info, it really puts a lot of the money issues and other bits of wisdom that others share sporadically in one place and well said. thanks!
Greg, that was brilliant!!!
Q: If I am creating value and not asking money for that - will money come in some different way to me?
I believe sleepless nights are a thing of the past for me. Thank you.
Hi Janis:
Remember that money is just a representation of value, not the ONLY representation. If for example you're creating a lot of value for people who are disadvantaged and you're not charging or expecting money to what comes of it, to you the ultimate reward and value you receive may be the feeling and fulfillment that you receive from helping and knowing that you're affecting other people's lives.
If you set an intention to create wealth by delivering a lot of value, that can be the outcome, but it doesn't have to be. However, remember that you can always create MORE value in the world if you are able to attract money as well. Being a wealthy philanthropist gives you a lot more leverage than someone who's broke and wants to change the world! So it's not necessarily a choice, but you need to think of money as leverage to getting whatever it is you ultimately want.
I haven't created this video yet, but I am planning to do one in the future, as I'm going to create a number of other videos on topics that I think people would benefit from. So assuming you're on our email list, we'll let you know when we release more videos!
Another EXCELLENT class! Lots of great content. Thank you very much
"oh, man, that's where I'm messing up!"
Absolutely terrific!
LOVE your description of front end leveraged income ( energy of a MERRY-go-round ! ), since one of my Life Mottos is Let it be FUN!
Having only ever been doing that which I am ENGAGED(!) with and passionate about, I have attended to my mindset for many many years, recognizing that is the soil from whence all can blossom.
As a consultant, designer, and yes, someone who is an artist (in our inner and outer environments), Always creating and doing business in a conscious manner (the "new" way has always been the Only Way.) I am only relatively recently truly recognizing how TREMENDOUSLY Valuable my offerings are ( kinda used to take what I do for granted myself....)
It is of course creating the PERCEPTION of value to a wide enough market where I can and am NOW about to improve!
Thank you very much!
Joyful Blessings,
Alisa Rose
www.greenfengshuimakeover.com
Hi Greg,
Thanks for the information you've been sharing in these videos - really enjoying and learning a lot from them! In fact, they're making me consider the potential of becoming an entrepreneur for the first time in my life.
Would be very interested in seeing the video you mentioned in the "Money" video about the inflation, the economy, etc. If you could send it my way, I'd be most appreciative.
Thanks!
b.j.
Thanks Greg....I liked the 5 steps to creating money through value--those were extremely helpful in creating my website.
Hey, Greg, thanks for the great information.
The information about money wasn't new to me. However, the 5 questions for creating value are practical and simple. I do know now, what to focus my attention on. Knowing is not equal to doing though... "Understanding and explaining their problem better than they do" will remain my biggest challenge...
As to your view on Passive Income, isn't it a matter of what definition you give to the word "passive"? In my view passive income is what you call leveraged income. I'm not aware of people who believe that they can generate passive income (or any income) by doing completely nothing. (But I might be naive).
As a lawyer, I used to work 60 hour work weeks. When I now only have to work 4 hours a week, at my schedule, to earn the same amount and can stay at home full time with kids, that's passive for me. Renting out apartments, investing in shares, running websites, they all require some "maintenance" time and I agree that if you don't, your passive income will eventually evaporate. You always have to ensure you're still delivering value.
I much appreciated the the value that you provided in your lesson here. (Your lesson on Marketing is my favorite). I hope I give you value in return by being specific in my feedback!
Thanks a lot!
Sunny
Thanks for excellent, inspiring and educational videos. You really are creating huge value!
I have done alot of research about this. listened to many but this puts everything into perspective. I love the simplicity...........
Dear Greg,
thanks a lot. Very helpful and inspiring video's.
I will keep the topic in mind.
Regards,
Simone
Greg,
This is good piece of thinking and is highly useful for serious entrepreneurs and students.
My congrats to you and thanks for sharing your thought.
Awesome, you are so clear. I've heard the information before, but didn't get it. Makes more sense now. I guess, I could call it "down to earth" kind of talk. Thank you. I will pass this on to my young adult children who have just finished computer graphics and web design school and want to start their buisness :) Very generous of you!
Many thanks in advance for your contribution to the success of my buisness.
Greg, you are such a great teacher...easy to follow and understand. Thank you for this incredible and valuable information.
Angela Carr Patterson,
The Love Lifestyle Coach
Helping Fatherless Daughters Fall in Love Again
www.thelovelifestylecenter.com
I have been in business ovcer 10 years and studied it a lot - but this is one of the most powerful stuff I ever learned - thank you - amazing. Will watch these videos over and over again!
Thank you Greg for the 5 keys to create value. I have heard these before in different places however they were never explained in the sequence needed to become effective.
Powerful information!
Dan
Hi Greg,
Another great video. The how to create value section was great, and the 5 steps to creating value was priceless. I really want to nail this down. I just hope my competition isn't watching your material! :-)
My wife is also watching your videos. I want us to be on the same page. We don't need to rent DVD's anymore. When our 3 yr old is asleep and we have some quiet time, we pull up an extra chair and watch Greg!
Thanks again. I appreciate the great work!
James
I really appreciate your input on money/value, but I struggle with it from an artist perspective. I wish I had a passion for business from a main stream prospective. I know that what I love to do is a "hobby" more than a business (fabric artist). I am trying to "Morph" it into something that will sustain a living.
My main question is that I do not get that actors and athletes give "value" for their large incomes and most artist's struggle their whole lives to make a living. Any insight???
Yes.. the distinction is that actors and athletes have massive LEVERAGE.. they access millions of people, and therefore are able to deliver magnified value to more people. Most artists who starve have no exposure or reach, and therefore cannot magnify their value delivery.
Another distinction is the reality that you cannot decide what value is - the market must tell you. A lot of artists are doing things that, while valuable to them and what they love to do, the market simply isn't willing to pay for. So there's a certain reality in the process around that, although it is possible to be creative and come up with ways of creating value without relying only on the actual art or process, but perhaps how you use that talent.
Great example: Wyland the artist, who is likely one of (if not THE) most commercially successful artist in the world. He's widely known for his marine and aquatic painting. If we were on the side of the road selling images of whales he painted, he probably wouldn't be wealthy. But he took his talent, and applied it in a unique way. He paints massive whale and aquatic scenes, larger than life, on huge buildings and landmarks. As a result, he's become world famous for doing it, and can charge a LOT of money to paint scenes that add a lot of value - they create conversation, curiosity, etc.
So look at Wyland as an example of how to take an artistic talent and then leverage it to get out to a larger audience.
Greg
I am working on a project that the "5 Keys to Creating Value" will hit it right out of the park.
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