Lazy Man Wealth Secrets Part 2
Today, I’m going to give you one of the deepest secrets of them all to being rich and lazy.
Have you ever felt that you are not smart enough or good enough to be wealthy and live like rich people live? The amazing thing is that you don’t actually have to be brilliant or dripping with wisdom to live that kind of life. Especially when you know this amazing secret I’m going to share with you today.
I’ll illustrate with a true story …
The Million-Dollar Barstool Chat
It was the last day of the conference when Perry Marshall found himself sitting at the restaurant bar. He had a lot to think about and needed a clear head so the clear liquid in the glass in front of him was water, and not vodka like you’d suppose.
Perry was at a major turning point in his life. He didn’t know how major, but he sensed that a piece of his destiny was in his hands. He wanted to handle it VERY carefully.
A few years ago, Perry had hit the eject button on the Dilbert cube and ventured out on his own as a consultant. It had done well for him … but being of a lazy-ambitious make, it had not done well enough.
To give his customers more meaty advice, he had gone headlong into Google AdWords — which, at the time, was a wild, new, amazing technology. He found out that he was pretty good at crawling inside the Google system skin and figuring it out in ways others couldn’t.
Because of this, he was sitting in the restaurant bar contemplating his future. He was speaking at a conference on how to make AdWords pay in spades. The crowd loved it.
His decision: Should he keep focusing on consulting or focus more on teaching the intricacies of AdWords?
While he was thus deliberating, in walks Bill. Bill is a brilliant man who, for years, has helped hundreds of people get on prime time TV and radio spots with some of the biggest talk show and new personalities in the business.
As Bill and Perry spoke about the dilemma at hand, Bill said,
“You know, Perry, what you need to do is put together an 8-12 week group coaching program and charge upwards of $6,000 a person for it. I bet your list would eat it up.”
Lights went on for Perry and thus was born his now wildly-successful and famous Bobsled Run. With minimal effort and almost no advanced planning, Perry was able to take Bill’s idea and turn it into a multimillion-dollar division of his company.
Now, that would be a really great story all by itself, but it gets even better …
The Second Million-Dollar Chat
Fast forward a few years, and Perry and Bill find themselves sitting together again at dinner. As Perry told Bill all that had happened and how fast his business is growing, Bill said, “You know, Perry, you really should put together an exclusive mastermind club and charge upwards of $18,000 for it. I bet your list would eat it up.”
From this comment sprang Perry’s now wildly-successful Roundtable. This too has made Perry millions over the years. Perry talks to his Roundtable members once a month for 30 minutes and meets with them in a live group session three times a year. I have no idea how much he makes an hour from his Roundtable income, but it is surely pretty high.
So, have you figured out the deep, amazing secret for being lazy and rich that I’m illustrating here?
I will spell it out in three simple words:
Other People’s Ideas.
Just Be Lazy (and Humble) and Get Rich on Other’s Ideas
That is right, the really wealthy among us NEVER rely exclusively on their own genius or ideas. They happily and shamelessly borrow the brilliance of others.
I’m not talking about plagiarizing … I’m talking about capitalizing. I’m talking about discovering the talents, gifts, and genius of others and making it work for you.
So, how do you do that? How do you find ideas that are good enough to use? How do you find people with these kinds of ideas?
3 Ways to Discover and Use Great Ideas
I have three suggestions for you that will help you find people with Great Ideas, identify those ideas, and put them to work for you so you happily get rich the “lazy” way.
- Study Great Ideas.
You’ll never learn to recognize Great Ideas if you don’t know what they look like. Great Ideas that can make people rich are all around you. Read biographies, study successful companies, attend meetings, read websites … And as you do those kinds of things, ask yourself … what is the Great Idea here that made this company or individual successful, rich, and happy?
Once you put up the antenna, you start seeing great ideas everywhere. I suggest you carry around a smartphone, tablet, or good old-fashioned piece of paper and record the Great Ideas you come across. You’ll be surprised at what you find.
- Surround Yourself With Proven Winners.
It has been said that what you read and who you spend time with every day are the two biggest factors in defining who you are and who you will become.
And, I believe this statement is true. It always amazes me how much money I make when I surround myself with wealthy, successful people. They just think different. It is refreshing and rewarding.
One word of caution … Don’t be deceived by external trappings and bling. I have known far too many people who go into debt to “look” rich … but in reality, their bank accounts and self-worth are bankrupt.
How do you know? Almost all “winners” and truly wealthy people are rich in many areas of their life, not just money. Mark Ford, as you know, is one of my heroes and mentors. I am always delighted to talk to him because I come away with much more than good money ideas … I come away with great wisdom for life. Perry Marshall is another one of those that is wealthy in many areas of life, and not just money. I could list many of my other rich friends (Katie, Rebecca, Garrett, Jon, Brian, etc.) — all of whom have life well put together.
- Rich, Lazy People Act Fast and Relax More Later.
Many years ago, I was at a conference with Joe Vitale. He said something wise and profound … “Money loves speed.” It is a truth that I have seen over and over in the lives of wealthy, lazy people. They act quickly and decisively now, so they can relax and play a lot more later.
So, I encourage you to keep a notebook, smartphone, or something else handy so you can record the brilliant thoughts of others … and then, most importantly, immediately set down a thought or two about how you could act on that thought to build your wealth.
Money loves speed. The faster you act on ideas, the more money you will make.
Mark Ford preaches, “Ready, Fire, Aim” for good reason. You should live by it. It might seem like being lazy means putting things off and procrastinating, but that is not the way of the lazy rich man. They take rapid, decisive action and enjoy the wealth that flows.
Buy More Than 20 Years of Great Ideas For Less Than $50
In all my years of making money and doing my best to be ambitiously lazy, I have found that there is one surefire way to make money without being ground down by the proverbial grindstone. It is the fastest and safest way to capitalize on Other People’s Ideas.
Here it is: Invest a tiny amount of your time and buy over 20 years of experience from another human being.
It sounds crazy, but it can be done.
When you buy a business book or wealth-building system, what are you really buying? Access to dozens of years of experience and wisdom from another human.
Today, I would like you to watch a video from a friend of mine that has spent the past 20 years mastering the art of being rich and lazy. He makes over $320,000 a year … and works under 20 hours a week. And the truth is, he really doesn’t have to work that much.
By watching this video, you will be able to borrow his ideas and position yourself to duplicate his efforts. During this video, he will tell you exactly what he has done, share with you more than 20 years of insights and wisdom, and show you how you could do the same thing … minus the 20 years, of course.
Take some time right now and watch this very fascinating video …
Editor's Note: In case you missed it, check out Lazy Man Wealth Secrets Part 1.
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