Category Archives: Personal Stories

Does flying coach degrade prosperity?

Many prosperity gurus make a big deal about avoiding the so-called “cheap” thing. They rail against flying in the coach section, booking discount hotel rooms that face away from the beach, and driving anything less than a recent-model sportscar of your dreams.

It’s judgmental to assume someone is anti-prosperity because of such choices. I call it “Prosperity Procrastination” ™ to delay experiencing the satisfying essence of your dream simply because you can’t afford the supposed “best” way to do it.

Maybe it’s simply not your priority to spend money for those items. Or perhaps those items would literally do you physical harm, or take away critical resources that you want for your longer-term dream.

Take 3 minutes and read Randy Gage’s insights.

Here are the comments I posted on his Facebook Page about it (in italics), followed by some closing thoughts.

 

Yes! Spending money according to one’s priorities, especially as one’s wealth increases. For me, many “luxury” items or upgrades are useless because I need to avoid the very thing they are offering (scented towels and linens and air, food I won’t eat due to medical reasons, I avoid all alcohol, etc). Instead, I put that money into our investment accounts.

I was cautioned about judging people for the way they spend their money. There’s a world of difference between “he shouldn’t buy that” and “*I* would spend it on….”. The former is an attempt at controlling others, and the latter is a statement of personal priorities.

The person driving the late model Mazda might own investment properties. The person wearing a nice but not designer-logo shirt may be in the top 5% of their company. Be careful of judging people on appearances, both inside and outside one’s profession.

Also, what improvements can one make in the gap?… for example, between barely-affording-economy-coach and first class? Look for an increase in comfort… several airlines offer a wider seat and more legroom for an extra $100 per leg. That’s a boon when I flew to Europe for the first time.

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You deserve the very best life has to offer. If the difference in affording your dream trip to Paris hinges on the price of the hotel room, then be wary about delaying it simply because The Park Hyatt Paris is out of budget. (Of course, that’s assuming staying  there isn’t part of your dream trip.)

Are you delaying your dream by buying into the way a successful person is “supposed” to spend their money? Are you looking for the IG-praiseworthy version of your dream? That’s handing your power to the crowd, who in the end don’t really care about you as a person.

Living the current level of your dream is wise. Delaying it due to peer pressure will crush your spirit.

Stick to your priorities, and enjoy your growing prosperity.

–LYnn Selwa, “The Rocket Science Coach” ™

#lynnselwa #therocketsciencecoach #trsc #flyingcoach #prosperityprocrastination #firstart #satisfyingessence #mlm #leveragedsales #directsales #partyplan #networkmarketing #randygage

 

 

 

 

 

 

 

 

What do Olympic losses and business success have in common?

I adore reading autobiographies and stories about Olympic-caliber athletes. The sport doesn’t matter: short track speed skating, swimming, gymnastics, curling, tennis, etc.

I comb through their books, looking for answers to these questions:

When the pressure was on, and you “failed,” how did you maintain your confidence for the remainder of the competition? During your next competition? And how did you prevent it from causing long-term regret?

You see, I’m more interested in how someone recovers from a mistake than the details of their training routines. You might say I have a fascination with their “non-clutch” behaviors.

At the world-class or Olympic level of competition, the athletes usually have the same quality of body type and physical training as their competitors.

As many such athletes and coaches have stressed, it’s the mental preparation and emotional intelligence that make the difference.

Likewise, it’s the same “ability to recover from ‘failure'” that will determine the long-term success of distributors in our profession.

The stakes may feel as crucial: If this person doesn’t sign up, I won’t qualify for this month’s leaderboard. If I miss my month-end-production level, I’ll lose a rank.

Those situations are important milestones in a distributor’s business. (Did you think I was going to tell you otherwise?)

And when disappointment sets in, how do you handle it? How long do you stay out of the game? How long do you let the experience deflate your confidence?

If you have access to Netflix, I suggest you watch a few episodes of the newly-released “Losers.” If you’re anything like me, you’ll appreciate the behind-the-scenes discussions of the courageous athletes who tell their not-so-glamorous stories.

–LYnn Selwa, “The Rocket Science Coach” ™

P.S. I receive no compensation of any type for mentioning Netflix or its programs.

#lynnselwa #therocketsciencecoach #trsc #olympics #loser #success #directsales #leveragedsales #partyplan #mlm #networkmarketing #leaderboard #netflix #clutch #nonclutch

Reminders from a young skater

One of the fun wintertime activities in Stuttgart is attending the month-long annual Weihnachtsmarkt (outdoor Christmas market).

It’s a place to eat bun-cradled Bratwurst and drink steaming Gluehwein while standing on your feet, to shop for gifts while gently pushing your way through crowds… and the bravest will strap on skates at the outdoor ice skating rink.

I am not among the latter.

Yesterday evening my husband, a female friend, and I joined the crowd of onlookers while the musical hits of Billy Joel, Kid Rock, and TOTO filled the air. I sang along while my husband and friend sipped their steaming drinks.

We enjoyed watching the swirling neon spotlights illuminate the skaters as they circled the rink’s center, some weaving through the crowd expertly, others slowly yet confidently pushing their way forward.

The smallest skater was a girl perhaps 5 years old, tightly gripping the chest-high handles of the sliding support shaped like a snowman. She was inching her way forward with no one nearby to assist her.

The white snowman was approximately 3 feet tall and stood firmly on stubby blue skis. A newbie skater could stand behind it, using its stability to keep balance while wobbling forward and pushing it in front of them.

It took the young girl about 15 minutes to make one circuit of the rink. I watched her skates flail in flashing ovals while she barely glided forward, and I realized what was missing: she needed to turn her backmost skate on a slight angle before pushing against it with her foot.

I commented to my friend, “Someone needs to show her the proper way to place her feet. I would do it if I knew more German and put on some skates… I struggled with the same foot-angle issue while learning to roller skate.”

 

By the time the young skater was returning to her starting point, my friend commented, “She’s a fighter, that will take her far in life.”

We watched her exchange a few words with a middle-age adult male who was wearing skates and standing outside the rink; he was probably her father. Then she began a second lap gripping her snowman support. Still skating alone, she moved faster this time, circling the rink in about 10 minutes.

When we saw her face again, she still looked neutral-to-happy. All three of us were impressed, and we guessed at why she didn’t seem frustrated.

“She is enjoying herself,” my friend commented, “and she doesn’t seem scared by the way people are skating quickly past her.” The other skaters were giving her plenty of room, which I imagine helped her stay calm.

I added, “I think she is NOT comparing herself to anyone else. In contrast, she probably is seeing how she is the same as everyone else on the rink: she is SKATING!”

We left as she began her third lap, walking away around 9:30 pm while the music and socializing continued.

This morning as I write this, I also realize no one seemed to tell her that she doesn’t belong on the ice. None of the other skaters appeared to talk to her nor call out a comment while she was skating. After her brief talk with the man, her body language didn’t express any discomfort regarding her progress.

I pulled several lessons from the experience.

  • Stay calm when you’re a beginner
  • Use tools to help you learn
  • Ask for advice when you want to improve
  • Enjoy the process instead of comparing yourself to more advanced participants
  • Give beginners time and room to try their burgeoning skills
  • Keep any verbal insults and frustrations about a beginner’s progress to yourself

    and the most important one:

  • Sometimes there’s a subtle difference between frustrating activity and success

Whether you’re coaching a new business partner, showing a friend how to use a computer program, or advising a child how to ice skate, the same principles apply.

As coaches of our teammates, be aware of the subtle actions that lead to easier and faster success.  The best coaches can observe a person’s activities, discern the skills (obvious or subtle) that are missing, and teach them patiently.

Although she never spoke a word to me, that young skater reminded me of some important facts.

I hope the next time she laces up her skates, the proper technique “clicks in” so she can soar around the rink like the fastest skaters.

–LYnn Selwa, “The Rocket Science Coach ™”

#lynnselwa #therocketsciencecoach #trsc #remind #remindersfromayoungskater #frustration #success #subtle #leveragedsales #partyplan #directsales #mlm #networkmarketing #socialselling #communitybasedselling #residuals

The METI ™ test vs. The gift-giving scheme

A secret-gift-giving scenario with a Christmas theme has resurrected itself on the internet this week. My goal is to show you how to decide if it’s legitimate.

The description: (how do I write this without triggering a fr@ud alert?) In the scenario, women are asked to send 1 gift of $X to a name they will be given, and there are promises of Y or more gifts in response.

Beyond the US Postal Inspection Service naming it as gambling and mail fraud, physical safety questions, and identification-privacy issues, I wonder why people fall for it (and why some still defend it, even after learning the police warn against it).

I learned from Mariah Nemeth PhD (author of “The Energy of Money”) that the #1 reason for such a decision is…. We humans look for shortcuts, a fast way to create the desired outcome. Our very human drive to “make my life simpler, better, as fast as possible” trips us up, especially when we encounter the subject of money.

But even if we set Dr. Nemeth’s idea aside, how can an ordinary person with no business-analysis experience tell the difference between legitimate requests and Ponzi schemes?

Before launching my first business in my 20’s, I had the same question.

Let’s look at three major sections of launching a business or a Commerce Structure ™ (which I define as a method of giving value, typically financial-based, and receiving some value of any type in response).

I call this the METI ™ Test:

  • YOUR Money
  • YOUR Effort
  • YOUR Time (preparation and after launching) until receiving desired result(s)

All creating a wanted result: Income of money (or other financial value)

I used capital letters to emphasize what you, as an investor or business owner, have to do from conception through reaching the financial break-even point, regardless of the size of your employee staff or distributor team.

Let’s take a look at three Commerce Structures ™ .

Franchise: Your Big: Money, Initial Effort, and Time Commitment. Product Sales Generate the Income.
Lots of time researching and interviewing before signing, lots of money before signup for legal paperwork, lots of money at signup (around a quarter of a million dollars is average), and lots of time and effort to staff and run in its first 3-5 years. You will be lucky to financially break even in the first 3-5 years. Product sales generate the wanted income.

Solo Professional (product or professional service paid via invoice): Your Low-to-medium Money Commitment. Your Big: Effort & Time. Product Sales Generate the Income.
Nearly the same time commitment as franchising, lots of money in education for the proper credentials and/or marketing. You ARE the business, so when you stop working, the money stops coming in. Product sales generate the wanted income.

Mom-and-Pop Retail: Your Low-to-medium Money Commitment. Your Big: Effort & Time. Product Sales Generate the Income.
Nearly the same time commitment as franchising, money at startup will vary, and creating ongoing profitability may be something that you’re continually juggling. Product sales generate the wanted income.

Here’s the pattern.

You must contribute heavily in at least one area, likely 2 or all 3, to successfully launch a business and get it self-sustaining.

Leveraged sales or independent personal distributorships typically require the highest contributions in the Time and Effort categories.

Now consider: How long would each require to cumulatively earn 6 times their initial financial investment?

I’m guessing in terms of years– not months  — for Franchises, Solo Professionals, and Mom-and-Pop Retail.

Let’s return to the secret-gift-giving scenario. The METI ™ test shows:

  • The commitment:  Low Money, Low Effort, Low Time.
  • The claim: Receive 6 times (or more ) your initial investment in two months.

If I described a business that way, would it sound realistic?

Probably not. (Because you’d be asking me, “What’s the catch?”)

For this secret-gift-giving situation, the only way I see money (or money-related value) enter this network of participants is through their initial investment (buying the gift then shipping it; it’s truly “input” when it is received by the other participant). There is a highly imbalanced input of 1 gift into the participant network generating an “income” of 6 or more from that network. Combined, these should signal caution about the stability and fairness-to-latecomers of the model. Adding the Postal Service’s and police’s warnings to the mix, I personally agree this secret-gift-giving scenario is illegal. If it was a “send x number of gifts and receive that same number in response” situation, that is much less questionable.

in summary:

When there is no “Big” commitment in any 3 of “YOUR” areas and your promised returns are significantly higher than your initial investments … and/or your income comes solely from other people’s initial investment, in my personal opinion it signals an illegitimate or illegal situation. In such a case, don’t realistically expect a fast, leveraged, high-quality return. (I am not an attorney and this blog does not constitute legal advice.)

–LYnn Selwa, “The Rocket Science Coach” ™

#lynnselwa #therocketsciencecoach #trsc #METItm #METItm #greed #secretgiftexchange #secretgiftgiving #networkmarketing #mlm #leveragedsales #partyplan #directsales #marianemethphd #energyofmoney #commercestructure #commercestructuretm #ponzi #christmas

 

P.S. This METI ™ analysis also applies in other areas:

Earning a college degree: Big Money, Effort, and Time. Years to recoup 6 times the initial investment.

Bench pressing twice your weight: Big Effort and Time. I’m guessing years instead of months.

Investing in the stock market: Big Money or Effort or Time. Again, I’m guessing years (the less financial education, the more money and time are required)

P.P.S. I receive no compensation for mentioning Maria Nemeth PhD or her work, nor for any sales generated.

What’s your code?

“Everyone has a code to crack. Once you’ve cracked the code, you are home free.”
Jordan Adler, Top Income Earner and ANMP Trainer

Each of us comes to this profession with different skillsets, experiences, and levels of personal development. Becoming an industry leader with a sustainable residual income demands high competence in many aspects.

For example, public speaking is fun* for me.

For you, maybe not.

But what you do easily might be challenging for me.

As informal coaches of a team, one of our tasks is to evaluate what our newbie’s business-owner-strengths are… and which ones need practice, professional instruction, or partnering via outsourcing.

In his quote, Jordan implies each person’s code, or group of challenges to face, is unique.

Your “code” won’t likely be the answer for someone else’s situation. But if you ask the right questions in a respectful manner, you can help the newbie discover theirs.

–LYnn Selwa, “The Rocket Science Coach” ™

#lynnselwa #therocketsciencecoach #crackthecode #whatsyourcode #jordanadler #quote #directsales #partyplan #mlm #networkmarketing #leveragedsales #anmp

*P.S.   I feel nervous before the speech or presentation– from the moment I agree to do it– but I know I rock on stage. That nervousness drives me to prepare thoroughly. Besides writing and rehearsal prior to the event, I earned a Competent Communicator ranking in Toastmasters. Over the space of 5 years I attended 10+ days of interactive public speaking training, which focused on releasing nervousness-on-stage & bad memories from stage performance experiences in childhood. And when I take the stage, I OWN the platform. It’s simultaneously exhilarating and humbling to deliver a talk. A fun result doesn’t mean the journey was easy.

 

 

 

How a piece of construction paper shifted my money habits

When I was in the early years of my first network marketing business, I found myself giving away money to various charities… gladly. A documentary about a historian, meal-for-the-holidays, etc.

That all changed when my husband lost his job and we had to move in with his parents.

The small Colorado town we landed in had a vibrant community life. Nearly every week there were opportunities to volunteer one’s time or to donate money to local and national charities. I donated my time to various events and had fun being part of the action. My husband took a job in the grocery store, and I went to work as a mortgage loan officer, to pay the credit card debt and our share of food and utilities.

Meanwhile, every penny was precious. We discussed every purchase above $5, and when the bank account was continually hovering a mere handful of dollars above zero, we agreed that we would stop all financial charitable contributions and selectively gift our time instead.

The change in my attitude came in early December of the second year.

In the town’s annual tradition, one of the local groups set up a poster in the entryway of the grocery store, which held “Santa” wishes for people in need. Instead of CDs or the newest toy, these were requests for newly-purchased basics and were written on pieces of red or green pine-tree-shaped construction paper. A winter coat. Mittens. Boots. Socks. And where to drop off the items at the county fairgrounds. (The previous year, I bought and donated a new pair of girls’ boots to match one of the requests.)

Each item had the appropriate size listed, along with a basic descriptor of the receiver.

The item that stopped me in my tracks was: “11 year old girl needs 7 pairs of (size) underwear.”

I also realized that my own underwear was nearly in shreds, the elastic so stretched and ineffective sometimes they slipped off my hips but were caught by the slacks I was wearing. (I think you can imagine how that worked.)

I pulled out the pushpin and freed that red slip of paper from the display, promising myself that I would remount it the next day, intact, if I could not provide the item.

My husband and I had a discussion in our bedroom that evening. In the end we decided to spend money on both of us women. Seven pairs for her, and likewise for me.

As I gently placed the requested item on the intake table at the fairgrounds, I realized this was a turning point in recognizing the difference between poverty consciousness and prosperity consciousness in my own life.

Since that time, I have observed when I have an urge to donate goods or money. I ask myself, “Am I also taking good care of myself and our household?” And nowadays when money is much more plentiful: “Have I been creating artificial lack in my head, denying myself a similar purchase?”

Each of us wrestles with different aspects of money behavior.

Sometimes we need an outside reason to spur us to take care of our own situation.

And sometimes we need an outside influence to go earn the money in the first place.

Regardless of your personal situation, I suggest you watch the video regarding the second situation. Randy Gage has some insightful ideas, which might come in handy for one of your teammates.

–LYnn Selwa, “The Rocket Science Coach”

#lynnselwa #therocketsciencecoach #underwear #gifts #donations #networkmarketing #mlm #partyplan #directsales #leveragedsales

A strange type of group

Many years ago, I was talking with a potential team member, and he said with a sneer,

Isn’t that a cult?

And I matter-of-factly replied,

It’s the kind that GIVES you money. Are you interested?

The dumbfounded look I received in response was priceless!

–LYnn Selwa, “The Rocket Science Coach” ™

#lynnselwa #therocketsciencecoach #cult #mindset #networkmarketing #leveragedsales #directsales #mlm #partyplan #humor