The 6M Profit Method

Business Building Essentials

Making Time for the 6MProfitMethod

I’m listening to “Up the Junction” by Squeeze as I write this post - chosen because the story it tells is that far too many people find themselves living. I’m just so thankful I’ve found the way out of the trap.

Squeeze - Up the Junction (TOTP)

[via FoxyTunes / Squeeze]

Yesterday morning I left home for a 1 hour drive to the office of the organisation that does some of the administration for my IFA (Financial Advice) business.

The sun was shining and the blue sky was cloudless. I was listening to one of the 6MProfitMethod CDs and was feeling on top of the world.

The reason for feeling so good was that I was on my way to making a a big dent in the volume of regular work I have to undertake. I was about to offload about 25% of my client load to a colleague who has more time available. This suits him as he is looking to build his business, it suits me as I need to find sometime for my online business and it will suit the clients because they will receive more attention. A total win-win-win situation.

For about 5 years I have known this is what I should do, all that time I have been talking about it but frankly was afraid to do it because my income would undoubtedly suffer - something I couldn’t afford back then.

So what’s different?

 

The 6MProfitMethod has taught me that I need to focus totally on what I want - not what I don’t want

I totally believe that the time freed up will enable other more remunerative things to flow into my life as I make more effective use of my time - thus my income will not suffer

Tim Ferriss’s book - referred to in my “how to find the time you need” post, has inspired me to take action on this long standing challenge

I am now totally committed to making my online business work**

What’s the worst that can happen?***

 

**It is no so much the business itself that I am focused on but the lifestyle it will give me. No, I don’t just mean the money - I mean the freedom do do as I choose, when I choose. Although I’ve run my own businesses for the past 13 years I didn’t think about the end result before I started. The consequence - I have a job that I created for myself. If I’m not here nothing gets done, the income stops and there’s a mountain of work when I return!

***Thanks again to Tim Ferriss for this thought. What indeed is the worst that can happen? My income drops a bit for a while BUT I have a big chunk of extra time (this group of clients took up a disproportionate amount of time - see 80/20 rule) that I can use to better effect with my remaining clients if absolutely necessary. Oh life is so simple with some clarity!

 

So today, I feel really good. The doubt and worry has gone (that’s always the case after making a decision - good lesson to learn) and I’m moving forward with more time on my hands. Now for the next 50% of clients!

Let me know what inspires you and makes you feel good about yourself.

 

 

September 12th, 2007 Posted by wizzer | Action Taken, Business Mindset | 3 comments

3 Comments »

  1. Congratulations mark on taking that big first step. You’re already a success offline, so what will prevent you from being a success online…Nothing. I’ve learned alot from you already, so you’ll probably become a real guru when you have more time to dedicate you to your business!

    Jes
    Wow, I just came back from a meeting and read this. What a brilliant comment. Thank you so much Jes. Mark

    Comment by Jes | September 12, 2007

  2. I completely understand that fear of not letting go of your clients for fear of income suffering! This is a great point! A while back, I hesitantly began passing some work to another person just as you are doing. What I found was that the more work I sent away, the more opportunities would flow in! I know it sounds strange, but it was as if those opportunities could not come into my life because I had no time for them. I hope great things come from this Mark - I can’t wait to see if you have a similar experience!

    Christine

    I’m with you on this 100%. Without making the space nothing can flow in to take that place - it’s pretty scary all the same. Really pleased it’s working for you Christine. Mark

    Comment by Christine OKelly | September 17, 2007

  3. Hi Mark,
    Congratulations on not trading your time for money anymore!
    I like what the others are saying to you.

    Once you “free” up space in your “closet”, or your life by extending an opportunity to another- your friend who will perform the tasks outsourced), you open the channels for other new opportunities to come in for yourself.

    Much success!
    Hi Tray, it’s really good to see you back. Thanks for your encouragement. Outdated thinking, taught by generations, has led to this general mentality that you have to “get a good job with more pay and you’re OK” - could be a line for a song ;) - time to change. Mark

    Comment by traygamb | September 25, 2007

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