While teaching a group of successful Real Estate
Agents last week, I asked a question that we don’t often ask
ourselves:“What is your income
potential?” The class looked perplexed,
as if it was a trick question. They were
searching for the “right” answer, the one they though I wanted to hear. I asked for brave volunteers, “Who will be the first to share?”
One Agent says “$300,000!” Another asks, "In what
time frame?” An older gentleman in the front corner of the room, exuding confidence in his
answer bellows: “Unlimited!” The room fell silent, ushering me to continue as they were sure the man had nailed the instructor's trick question.
It was not, in fact, a trick question. I was simply asking what their
income potential was within their personal frame of reference. As coaches we know that you cannot create what you cannot imagine. Your
brain simply will not allow it.
I turned to the gentleman and said “Yes. Within your frame
of reference, is your income potential unlimited?” He
answered, “Sure, if I wanted to put in the effort and the time... but I am not like these younger agents," he added, "Now I want
to slow down now and take it easy.” To this I replied, “Then your income is, in fact, limited by your time and effort, is it not?” He agreed.
We all have framework in our heads that may have served us
at one time in our lives. For instance, perhaps you had been employed in the past and no matter how hard you worked you
didn’t make more money than your lazy boss. Due to the loyalty of the owner to said boss, you felt like you never were going to be able to advance him. Feeling helpless in that environment, you make
the conscious decision to not work too hard and instead reserve the energy until something
better comes along.
Flash Forward. Ten years later you find yourself in a commission sales
environment, finally in control of your income. Simply put: the more you sell, the more you
make. Despite this opportunity, the framework from your past continues to restrain your potential. You try to work
harder, but each time you find yourself exuding more effort than those around you, you hear a familiar voice in your head… “Why are you working so hard? You
aren’t going to get ahead. Just take it easy until something good happens.”
Perhaps your past framework included a lack of spending
money. Growing up in poverty, I can
relate to this. You lived your life clutching every dollar. Saying things like,
“I can’t allow money to go to waste because I don’t know when I will have it
again.” Or the even more common; “I better
spend it right now, because who knows how long it will be until I get this much
money again?" Then a true opportunity
comes along, it could be education, a trip, or an amazing investment
opportunity, but because your framework is “you
will never have enough money," even if you believe it is the best decision,
you won’t be able to make the commitment to spend the money because you are not willing to part from it, or you don’t have it because you wasted it on frivolous material
possessions.
The four most common frameworks that limit success of entrepreneurs and professional sales people are related to Education, Time, Money, and Effort.
You will hear it in your head or even come out of your mouth
as;
Education:
“I’m not smart enough.
"It's just too hard”
"I’m too old to learn that”
Time:
“I’m too busy”
"I would,but I already work a full time job”
“I wish I could but I have young kids”
Money:
“I don’t have the money."
“I have holidays coming
up."
"My spouse won’t let me spend the money”.
Effort:
"I just don’t have the energy"
“It's too late."
"I’m too tired after I get off of work."
These beliefs will box you in leaving you feeling helpless,
aimless, and unworthy. Lets pretend we
have a coaching client named Joe:
Joe,
a fulltime Policeman, has a brilliant business idea. He knows the world
will love his new company and his product will sell. Joe has been dreaming about it for three
years and now, he is ready to take action!
Joe
starts off with the mental framework that in order to get something done you have to work hard. No doubt hard work is a
common factor of success, but Joe is already working full time, plus he has his wife and two kids to attend to on evenings
and weekends. Joe dives in despite this. Within the first month of starting and stopping, starting and stopping, he
realizes he has barely moved the needle.
“I just don’t have the time” Joe says.
Determined,
Joe decides to use technology to do the things that take the most time. "If I purchase this program, I can sell my product online when I am at work, and when I make enough
money selling online I will quit my job!”
Joe sets out and spends $1,100 on a software program he believes
will do everything he needs to begin online product sales.
Joe quickly realizes this program isn’t as stout as he had once
felt. He spends an additional $2,500 on
more software and a professional webpage because, “You can’t be a respected company without a webpage," he tells
his wife. Another two months in and Joe
still doesn’t have a functioning online sales platform. His website is built, his products are online, but no one is coming to his website. Joe is at a loss as far as how to create a draw. “I need SEO
and I am not smart enough to learn it, I’m a Policeman not an Internet genius!”
he shouts.
Frustrated
and upset Joe’s discouragement is beginning to show up at home. He’s short with his wife and so embarrassed
he won’t share with her his challenges. Joe confides in his friend, Carl.
“I have the product ready, my website is up, and nobody is coming to the
site, nobody!” Carl offers him a
suggestion, “I have a relative that does SEO professionally. You should call her.” Joe contacts Carl’s referral first thing
Monday morning. She is happy to help and send over a proposal. Joe receives the proposal late Wednesday afternoon. “$10,000, plus $1,500 a month! You have got to be kidding me! I don’t have
that kind of money!” he shouts.
Joe’s
parents didn’t have a lot of money growing up and his Father worked the same
job for 25 years, retiring on his full pension. His father taught him to work hard for a
living and not to waste money. Joe has
always listened and this time is no different.
Joe
decides he will save the money and learn to do the SEO himself. “How hard could it be anyway?” he says. He signs up for an evening class at the
community college; two nights a week for six weeks and he will have the
education needed to get his sales rolling.
After the second week, Joe is behind in his homework, he has missed two of his sons baseball practices
and worst of all he feels like he is taking a foreign language class with a
group of teens that have been speaking the language their entire life. In defeat Joe states, “I give up, it’s just
not worth it.”
Joe has boxed himself inside his past framework.One side of the box says,
“I’m not smart enough”, the opposite “I don’t have the time”, adjoining them is
“I don’t have the money, and “I give up, it’s too hard”. Joe is feeling depressed, defeated,
overwhelmed. Worst of all he feels like
he wasted his families hard earned money, and how could he face his dad?
Fortunately,
Carl suggested to Joe to seek a professional Coach. Joe didn’t think he needed a coach. “Coaches are for athletes not for someone
opening an online business”, he thought. Regardless, he knew he had nothing to lose.
After
reviewing Joe’s situation, Coach reminded Joe that someone somewhere has had
the same limitations and has overcome even more difficult obstacles, despite
their personal circumstances. Joe wasn’t
actually suffering from not having the resources of Education, Money, or
Time. Joe simply wasn’t committed to the
goal. Even though Joe could see clearly
why a customer would need his products, he didn’t see how reaching his goal
would benefit himself, his family, and his self-esteem.
When
Joe refocused, he had gained clarity. He realized reaching his goal would eventually give him and his family
more time and money.He now knew that in the process of achieving this goal, he was not burdened with the obligation to learn, but earning the opportunity through knowledge.
Joe hurried home to share this newfound clarity. He recruited their support and
commitment to the goal. They happily agreed now that they too were envisioning the rewards to be reaped.
This was enough for Joe to reconstruct his framework and become wholeheartedly committed to success.
How can you reconstruct your framework? Our framework operates outside of our observation. To overcome these dream-stealers, we must
learn to identify, listen for, and reframe them.
Step 1. Identify.
The last time you did not achieve a goal you set
what was the chatter in the in your mind saying about it? For example, falling through on going to the gym, starting a new
hobby, or going for the career you always had desired. Ask yourself: “What prevented me from achieving my goal?” Keep an open mind as you listen for the answers. Write them down.
Step 2. Listen. Listen to how often you repeat the same
framework to yourself either in your head or out loud. Pay attention to what the chatter is saying, and how it relates to past failures.
Step 3. Reframe.
Every time we hear ourselves using one of the outdated frameworks we
must pause and reframe the framework to allow us to breakdown the walls that
have held us captive. When you hear
yourself say “I don’t have the time” Reframe it by saying “I only have time for
the most important things in my life”.
Or if you say “I don’t have the money” say “Money follows intention, is
my intention worthy of the money?”
Schedule Your FREE Coaching Call... CLICK HERE
No comments:
Post a Comment