No B.S. Wealth Attraction for Entrepreneurs: Dan Kennedy

I like Dan Kennedy. He manages to say what he thinks, offend people and they still pay him tons of cash because he knows his stuff. He really is no B.S. Saying that, I have heard audios of him speak and they have been incredibly boring. Perhaps it is the age gap…but I do love his books! 

Wealth Attraction for Entrepreneurs

Here are my key points from his latest book “No B.S. Wealth Attraction for Entrepreneurs: The Ultimate, No Holds Barred, Kick Butt, Take No Prisoners, Guide to Really Getting Rich”. I thought I had read enough wealth books, but no, there is always more to learn! If I can still take notes, then there is definitely new material to learn from.

  • If you believe on any level that wealth is limited, you will be held back. If you can make these beliefs go away, you will turn your attraction to wealth on full power. [Personal note: This may be difficult in the present financial situation, but be hopeful and view it as a restructuring of wealth; not a loss]
     
  • “Entrepreneurial success and wealth creation require a willingness to risk and experience failure and the emotional resiliency to recover from it quickly, decisively, passionately, and persistently”
     
  • Hardly anyone gets to success in a straight line. Keep heading in the general direction and adjust along the way.  
     
  • Break free of the money-work link. Money does not have to be earned hard – but can be earned smart. Do more in less time. 
     
  • Wealth will not find you sitting in front of the TV. Get out there. Be seen. Make opportunities. Take action. 
     
  • Any decision is better than no decision. It is easier to change direction once you are moving. Zigzagging is a good way to get to a goal. 
     
  • Keep the income flow. Do something to “prime the pump” every day, and then you won’t be left with a dry period of less income. 
     
  • Expose yourself to all kinds of other markets and stimuli. Be open to using ideas from other industries. Read. Associate with like-minded people and successful entrepreneurs. 
     
  • Wealth is attracted to clarity. Clarity of the income level you expect. Clarity of how much your net worth will increase. Clarity in what you want. Clarity on the reasons why you want what you do. Clarity on what you don’t want. 
     
  • You need a clear, vivid mental picture of what your business life should look like. You should also have detailed, constantly updated plans. Clarity allows your conscious and unconscious to work in tandem. 
  • Be cautious of need. Money likes independence. Don’t expand your “need” e.g. don’t expand your overheads. 
     
  • Wealth and value and real integrity are all linked together. Anyone trying to get more wealth without providing more value is dishonest and unethical and immoral, and is attempting to defy the fundamental laws of life”
     
  • Your behaviour must be congruent with your goals. Don’t bullshit yourself! 
     
  • Mark Victor Hansen “The more aligned you are with the things you want, the more powerfully you attract them.” The things you congruently want have no choice but to be attracted to you. 
     
  • Act like a rich person. Save 10%. Give 10% away. Wealthy people do both those things.
     
  • Money moves on courage. You need to courage to act early, to not listen to others, to screw up, to pursue crazy goals, to ask, to ignore criticism. 
     
  • Don’t over-emphasise making money. Pay attention to investing, preserving and multiplying money. Income varies but growth happens when income turns into equity. Income is spent. Equity is invested. [Related post here: Its not how much you earn, it’s how much you keep]
     
  • Jim Rohn “Miss a meal if you have to, but don’t miss a book”. Invest in your education. 

This book is packed with great examples – and what I need to learn is not what you need to learn! So this book is recommended! You can buy it from Amazon here.

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One Response to “No B.S. Wealth Attraction for Entrepreneurs: Dan Kennedy”

  1. Allen Taylor Says:

    Nice writing. You are on my RSS reader now so I can read more from you down the road.

    Allen Taylor

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