Money Monopolizers

Helping you take control of your financial destiny and build generational wealth | Co-hosts of the Money Monopolizers Podcast: @ikamunyo & @deucewalls

[Money Monopolizers @TheMonopolizers]

"Sometimes passion comes on the back end." - @AndreCHatchett

You don't have to be "passionate" about the business you're building.

But the money that it generates can free up your time for you to pursue your passions.

Keep building 💯

[Money Monopolizers @TheMonopolizers]

For your 2022 Goals, would you rather:

1. Set a too-small goal and hit it, or

2. Set a too-big goal and fall a bit short?

Explain yourself down below 👇🏾👇🏾

[Money Monopolizers @TheMonopolizers]

Thanks for rocking with us from the beginning! 🙌🏾✊🏾

[Liv West | Host & Speaker @liv_west_]

S/o @TheMonopolizers for staying SOLID all 2021. Thank you for the constant content and value!

Escape Velocity 🚀

[Money Monopolizers @TheMonopolizers]

If you want to leave your 9-5,
you have to discover a new identity.

What do you want to be known for?

When people think of you, what do you want them to think of?

Without this, you may face an identity crisis which could delay your exit.

[Money Monopolizers @TheMonopolizers]

Most small businesses set Activity Goals that dictate their revenue,
rather than Revenue Goals that
dictate their activity.

Set a revenue goal at the start of each month to dictate and track how good your business performs each month.

Your business will thank you for it.

[Money Monopolizers @TheMonopolizers]

There's 2 ways to set goals.
Based on:

1. Activity Goals
2. Revenue Goals

Neither way is "correct" but this is one of the biggest differences between small and big businesses.

Let's look at how each works:

[Money Monopolizers @TheMonopolizers]

Revenue Goals

Ex. "I want to make $3,000 this month from selling shirts."

If each of my shirts cost $20,
I need to sell 150 shirts at 5 a day.

Now I know how much activity is required to achieve my desired revenue.

[Money Monopolizers @TheMonopolizers]

Learn to take advantage of opportunities before the results manifest.

Be greedy when others are fearful and fearful when others are greedy.

Most opportunities don't come back twice. Instead new ones arise.

Take advantage before it's gone.

[Money Monopolizers @TheMonopolizers]

Why are opportunities are missed?
Because they require a level of faith
to take advantage of them.

Faith is the belief in something that you cannot see, or that hasn't happened yet.

If you lack faith in the midst of an opportunity, that opportunity will
pass you by.

[Money Monopolizers @TheMonopolizers]

No you won't...

You only have the confidence to say that now because faith is no longer required.

You can see the results.
(Or the 'would be' results for you...)

You have a habit of missing opportunities due to fear.

[Money Monopolizers @TheMonopolizers]

As a culture we have to rid ourselves of the scarcity mindset.

There is truly enough money for everyone to win.

Do you realize there are nearly
8 BILLION people in the world?

Even if you sell to 100,000 people, you've only sold to 0.00125% of the world... think in abundance.

[Money Monopolizers @TheMonopolizers]

@touchngojo The E-Myth by Michael E. Gerber

[Money Monopolizers @TheMonopolizers]

Leverage social media platforms

That's a great strategy to get eyes
on your business.

But your business should never plummit to 0 because another company did.

[Money Monopolizers @TheMonopolizers]

FB and IG going down should've been a big wake up call to entrepreneurs.

How heavily does your business rely on another company's existence?

This is why it's so important to establish your presence offline.

[Money Monopolizers @TheMonopolizers]

Establish your Email & Text lists.
Nurture those relationships.

If you aren't always ready to pivot,
you can be wiped out in seconds.

Building the following is just Part 1.

Part 2 is developing relationships outside the platforms..

[Money Monopolizers @TheMonopolizers]

Small action repeated daily over time compounds into big results.

Don’t be fooled by short term results.

Choose your habits wisely!

[Money Monopolizers @TheMonopolizers]

Most people are blinded by the immediate results of their actions.

But any action repeated produces
long term results.

Whether positive or negative.

Check out these examples:

[Money Monopolizers @TheMonopolizers]

Likewise, reading 10 pages of a book today won’t make you smart.

But 10 pages of a self development book each day for 5 years would result in over 18,000 pages

That’s 60+ books!

You’d be way smarter by then.