Sign in
Business
Mel H Abraham, CPA, CVA, ASA
Welcome to 'Building Your Money Machine,' (fka The Affluent Entrepreneur Show) hosted by Mel Abraham, CPA, a renowned financial expert and author of USA Today Bestseller, 'Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!.' On this podcast, Mel shares his insights and experiences from over 30 years in the field of wealth-building, entrepreneurship and mentorship to financial freedom. Each episode provides actionable strategies to master your money, remove financial stress, and live a life by choice, not chance. Whether you work for a company, are a seasoned entrepreneur or someone just starting out on your financial journey, this podcast offers the tools, actionable frameworks and knowledge you need to create your own money machine and secure your financial future. Tune in weekly for expert advice, inspiring guest interviews, and the practical wisdom that will help you take control of your financial destiny. Subscribe now and start building the life you’ve always dreamed of.
024 What To Do With Your Cash
In this episode, we talk about what the right thing to do with our cash is, and we will approach this subject from one of the Affluence Blueprint™ principles. Our guidance, our recipe to success will be the Wealth Priority Ladder™. Like any other recipe, this one focuses not only on the ingredients we use, but also on adding the right amount and mixing them correctly. Before we jump into the Wealth Priority Ladder™ principle, we will go through the two things we need to know to get into the wealth-building game, and the four principles that will help us make a difference in it. What You Will Learn In This Episode: - How we can develop the habit of creating an investment, and why we say that investing is automatic and consistent - The four principles of the wealth-building game - What it means to have a comfort plan in place, and how that will help us - How we can prevent consumer debt to consume us, and what is a peace of mind fund - Why we must fund our retirement before we fund college We must see our money as foot soldiers, as employees, with the difference that money doesn't need to rest to recuperate - it will work 24/7 to help us achieve our goals. The Wealth Priority Ladder™ gives every single dollar that comes in an assignment, and it leads to financial liberation and affluent life. Resources: - The Wealth Priority Ladder™ https://melabraham.com/wp-content/uploads/TAE-023-Wealth-Priority-Ladder.pdf - The 7-Day Money Plan Challenge http://themoneyplanchallenge.com/ - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn http
31:1030/08/2021
023 Making Shift Happen With Anthony Trucks
I'm so excited to bring to the show not only a dear friend, but someone with a huge heart, a tremendous soul, and obsessed with helping people. Anthony Trucks is a former NFL player turned into a Transformational Identity Shift Coach. Anthony's way of showing up in his personal and professional life is impressive, and after hearing his life story, I'm sure you'll ask yourself - what is my excuse? In this episode, we talk about purpose, identity, and inspiration. Anthony shared his life story, his challenges, victories, defeats, and how searching for and finding his identity saved him. We also talk about his soon-to-be-published book “Identity Shift,” what motivated him to write it, and why you should read it. What You Will Learn In This Episode: - Anthony Truck’s background, and what it means to be a transformational identity shift coach - Why we say that identity is a construction and that it can be rebuilt - Exploring the relationship between our ego and our identity - How to rewire our pleasure centers and our patterns of reaction In the conversation with a friend that saved his life, Anthony learned that other people were looking up to him and that he inspired them. He realized that the craziness he experienced perhaps happened for a reason. That day, a seed of key insights was planted - it started with a person very close to him who saw him in a way he never had seen himself. Resources: - Anthony Trucks website: https://anthonytrucks.com/ - Anthony Trucks Instagram: https://www.instagram.com/anthonytrucks/ - "Identity Shift" by Anthony Trucks https://identityshiftbook.com/ - Use code TAES to get the audio book, digital book and workbook for free. - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter
27:1823/08/2021
022 My Top Money Mistakes
In this episode, I get a little vulnerable and share some of the biggest money mistakes I've made. Let’s face it I’m not much different than most folks with money. I screwed up plenty in the past. I’ll talk about 8 of my worst money choices, what I've learned from them, and the rules I've created to avoid making them again. We will go through emotions and money, money and long-term planning, money and mindset, and more. What You Will Learn In This Episode: - What I've learned from my trip to Japan and cashing my 401k - Why we should avoid making emotional money decisions - Why we should always question every proposition from our money advisor - The benefits of making investing a priority and having a financial plan - Why we should always track our numbers I’ll even tell you why a “single job” or “single source” mentality around your income can spell out danger for your financial future. No matter how much you’re getting paid, when you trade time for money, you can only exchange a certain amount of hours until you either live to work or burn out of exhaustion. Also, if the pandemic has taught us anything it is that no job is secure, and if our single source of income gets shut down, you’re in trouble. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
38:1516/08/2021
021 Shift Your Relationship with Money
In today's episode, we will learn how to shift our relationship with money. We will talk about the myths, the lies, and the stories we have in our heads around money. We will then look at the effects of listening to these stories, and the importance of having a system of behaviors. Finally, we will go through the tool that will help us change our relationship with money, the Money Reframe Flow™. What You Will Learn In This Episode: - What happens when our relationship with money is incorrect - The myths and stories we hear about money, and what it means to say that money education is caught, not taught - The Money Reframe Flow™, its three stages, and the questions that'll help us go through each stage When money is an issue in our lives, that means that it is actually a symptom. The belief that money is the root of all evil turns it into a taboo topic. No one teaches how to use money, no one talks about it, therefore, we don't know how to use it. Money is just a tool, and like any other tool, it requires knowledge to use it properly, and if we don't know how to use it, we can get hurt with it. Resources mentioned: - The Money Reframe Flow™ https://melabraham.com/wp-content/uploads/TAE-021-The-Money-Reframe-Flow.pdf - The Money Reframe Flow™ Action Guide https://melabraham.com/wp-content/uploads/The-Money-Reframe-Flow%E2%84%A2-Action-Guide.pdf - Book: Chris Hogan - Everyday Millionaires: https://www.amazon.com/Everyday-Millionaires-Ordinary-Extraordinary-Wealth-ebook/dp/B07MCYP39J/ - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/
32:3209/08/2021
020 How the Wealthy Think
Today, I will answer a question from the Affluent Entrepreneur community - what is it that wealthy people do differently from the rest, and how do they think? To help me answer this, I use The Prosperity Profile Paradigm™ matrix. What You Will Learn In This Episode: - What is The Prosperity Profile Paradigm™ - The three pillars and nine parts of The Prosperity Profile Paradigm™ - Why affluent entrepreneurs see themselves as creators and not victims of their circumstances - The difference between being interested in something and being committed to it - What things wealthy people focus on and what actions they take to produce and preserve their wealth Finding someone who has succeeded in the area we want to thrive in, and imitating what they are doing might sound good, but in my opinion, that doesn't work. There is a difference between imitating someone else's actions, and understanding the thinking process behind those actions. Resources: - The Prosperity Profile Paradigm™ https://melabraham.com/wp-content/uploads/TAE-020-The-Prosperiity-Profile-Paradigm.pdf - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
29:4602/08/2021
019 Creating Your Money Machine
In this episode, we will talk about the lifeblood of our business, wealth, and affluence. We will reveal what it takes to be successful in business and with money, and we will do it by using the Affluence Cash Flow Matrix™. What You Will Learn In This Episode: - What is the Affluence Cash Flow Matrix™ - What is an Income Statement, and what is a Balance Sheet - What is an investable asset, and what differentiates it from other assets - What is the difference between the business and the money machine The path of being successful in business without doing the money right will only make you a treadmill entrepreneur - you'll have success as long as you keep running or run faster for longer distances. But you already know this is a broken model because your business and lifestyle depend on you to exist. Instead, we need to use your business machine to feed and grow your money machine so the money machine can ultimately give you the lifestyle you want without you running on the treadmill. Resources: - The Affluence Cash Flow Matrix™ https://melabraham.com/wp-content/uploads/TAE-019-Affluence-Cash-Flow-Matrix.pdf - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
24:3826/07/2021
018 Your Money Questions Answered
Today, I will continue answering some of the questions I get from the Affluent Entrepreneur community. This is the perfect space to have an open and honest conversation about money and wealth, and living our best life without the worry of being judged or canceled. We will dive deep into investments and mortgage, 401k plans, emotional and logical decisions, the benefits of Health Saving Accounts, and more. Some of the Questions I Answer: - Should I put more money against my mortgage or invest instead? - Should I keep putting money in my 401k? - I have a significant investment in a single company. How do I reduce my risk? - I'm in the second year of my business. Should I do a 401k or go for a SEP IRA? Those of you who have questions about money, investment, or finances, shoot them my way, I will gladly answer them. My ultimate goal is to show you the path to financial independence and affluent life, which I consider a birthright. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
26:1519/07/2021
017 Define Your Money Identity
Today, we will talk about money identity. First, we will go through a series of questions to determine our Blank Money Canvas. Then, we will analyze and understand Robert Dilts' Logical Levels framework. And finally, we will adapt Dilt's framework into The Money Identity Cascade™, a powerful tool that will shift our reality dramatically. What You Will Learn In This Episode: - The role of our identity in our relationship with wealth - How to determine our Blank Money Canvas - What is our embodied archetype, and how to discover it - Robert Dilts' Logical Levels framework, and its connection with our embodied archetype - How can we adapt Dilts' framework into our Money Identity Cascade™ This episode requires more than just listening to it; we need to slow down, sit down, and do the work. It asks mind-boggling and game-changing questions with the sole purpose of shaking things up, and pushing us out of our financial comfort zone. Resources: - The Money Identity Cascade™ https://melabraham.com/wp-content/uploads/TAE-016-Money-Identity-Cascade%E2%84%A2-.pdf - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
32:3512/07/2021
016 Answering Your Money Questions
In this episode, I will answer some of the questions I've received through The Affluent Entrepreneur Facebook group, Instagram DMs, and comments on the show. While answering these questions, we will also touch on some of the principles I teach in The Affluence Blueprint™, and clear some doubts around investments, mortgage refinancing, cash inheritance, and more. Some of the Questions I Answer Today: - What is the best way to save for a home? - Is now a good time to refinance my house? - How am I going to contribute to retirement? - I just inherited $200,000. How should I invest it? With these Q&A episodes, I wish to contribute and add value to the Affluent Entrepreneurs community. Keep on sending me your doubts, suggestions, and questions through any of the communication channels available, so we can keep you moving forward and rock and rolling in the process. Resources Mentioned: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - The Affluence Blueprint™ http://jointabnow.com - Free Credit Report https://freecreditreport.com - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
40:2205/07/2021
015 How to Quit Your Job
In this episode, we will talk about the transition of quitting your job to become an affluent entrepreneur. We will analyze the things we must have clear in our minds before we decide to leave our jobs and start an entrepreneurial life. Then, we will go through the details of the Entrepreneur Transition Formula™, and understand each step of it to ensure an effective transition. What You Will Learn In This Episode: - What we need to know before we decide to transition from corporate to entrepreneur - The Entrepreneur Transition Formula™, and how it serves us in our transition - The difference between doing what we love, and creating value with what we are passionate about - How we can know if our entrepreneurial endeavor is ready to replace our income To start our business, we must be committed and give 110% to our project. The secret of our success lies in the preparation, the planning, and making the right choices. That is why going through the nine steps of the Entrepreneur Transition Formula is vital - we must cover all the bases before we decide to quit our job and start the entrepreneurial journey. Resources: - The Entrepreneurial Transition Formula™ https://melabraham.com/wp-content/uploads/TAE-015-Entrepreneur-Transition-Formula%E2%84%A2-.pdf - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom
35:5028/06/2021
014 What Level Entrepreneur Are You?
In today's episode, we will answer a question that came up in a conversation with one of my clients - what is an entrepreneur? We will go through the different entrepreneurial levels, characteristics, and what we can do to move from one level to the next. What You Will Learn In This Episode: - What it means to be an entrepreneur, and what are the different types of entrepreneurs - What is the difference between being skill-focused and being scale-focused - Why some personal brands might be scalable but not sellable - What are the four levels of the entrepreneurial journey matrix - The advantages and disadvantages of each entrepreneurial level The different levels of entrepreneurship are not about rankings. Each level offers a unique way of solving a problem, but most importantly, it determines the possibilities of scaling our business. The kind of entrepreneur we want to be is a conscious choice, and we get to decide what is the best way to operate our business or businesses. Resources: - The Money Mind Framework https://melabraham.com/wp-content/uploads/TAE-013-The-Money-Mind-Framework™.pdf - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
30:2321/06/2021
013 Expanding Your Money Mind
In this episode, we will talk about how to expand your money mindset. I will walk you through a framework I've repurposed from a model created in 1955, The Money Mind Framework™, and we will go through the details of each one of the four zones of this framework. What You Will Learn In This Episode: - What is The Money Mind Framework™, and how it’s created - What are the four elements that determine our Comfort Zone - What are the four components of the Secret Zone - What are the expansion and the Speculative Zone - How we can move from one zone to the next Our habits have a primary role in our financial situation, and it is our thoughts that determine our habits. Therefore, the first step into financial freedom is changing the way we think. We can do that by asking questions and being curious about it, we can get some training, seek mentors and coaches, or opt for a more intuitive path, and trust our gut into new business opportunities. Resources: - The Money Mind Framework https://melabraham.com/wp-content/uploads/TAE-013-The-Money-Mind-Framework™.pdf - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
27:4814/06/2021
012 Financial Independence Through Digital Products With James Wedmore
Today, I’m welcoming my first guest on the show, James Wedmore. He is an online business coach, founder of Business By Design and the host of Mind Your Business Podcast. James is well known in the online space for his unique online courses and content. We talk about James' journey into becoming who he is today, what he did right, what he did wrong, what it takes to scale and build a business, but also what it DOESN’T take. We talk about what it means to be a Digital CEO, and how to create a business that creates cash flow, giving you the income you need to build an asset base and to become financially independent. James talks about the hierarchy of change, stress and logic versus fear, and much more. So grab a notepad and let’s dive in! What You Will Learn In This Episode: - What is a Digital CEO, and what we need to do to become one - The differences between a marketing strategy and running a business - The five levels of the hierarchy of change, and the best way to level up - Why the way we show up in our company is crucial to our business - How learning to let go can help us grow and scale our business - The three keys to IBM's success, and what we can learn from them One of the most distinctive characteristics of entrepreneurs is that they have goals that they think about, dream about, and they concentrate their efforts to achieve those goals. The next step is realizing that the new thing we want to accomplish in our business requires letting go of something. So we want something, and that something wants something from us. Are we willing to give that away? Resources mentioned: - Get access to the Digital CEO Dashboard FREE https://www.jameswedmoretraining.com/a/2147488916/A7ojhDBU - The Mind Your Business Podcast: https://www.mindyourbusinesspodcast.com/ - Connect with James Wedmore https://www.jameswedmoretraining.com/ - Learn more about Robert Dilts https://diltsstrategygroup.com/DSG/AboutRobert.html - The Affluent Entrepreneur Show Ep. 010 Generate and Scale Your Income https://melabraham.com/010-generate-and-scale-your-income/ - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - My website https://
01:06:1407/06/2021
011 Getting Highly Paid for What You Know
What does it take to get paid premium fees for what you know? In today's episode, we will discuss how to increase the prices of our products, not from a pricing perspective but from focusing on the value we provide. We will go through the four elements we need to elevate in order to separate our business from the rest as premium providers. What You Will Learn In This Episode: - Why we must find out what makes us different from everybody else in the market - The Unique Methodology™, and how it works - The four things we must have in order to create a truly Unique Methodology™ that stands out - The advantages of creating an online program When the market can't see the value we can provide, increasing our revenue is almost impossible. We will find many people in the market solving the same problems we solve, but we must discover what makes us different, and what value we can provide that no one else can. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - The Unique Methodology™ Framework https://melabraham.com/wp-content/uploads/TAE-011-Your-Unique-Methodology™.pdf - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
25:4931/05/2021
010 Generate and Scale Your Income
In this episode, we will talk about one of the best ways to generate income, and one of the three pillars of The Affluence Blueprint™ called the Generate pillar. I will talk about why I love digital business and digital income streams to generate revenue and wealth. We will go through the three essential elements of digital businesses and how they work. What You Will Learn In This Episode: - The three critical outcomes of the affluent entrepreneur - The elements needed to become an affluent entrepreneur and what is the Generate pillar - The different ways to generate income, and the relationship between the value we provide and the price we ask for our product - The three elements framework to create a digital business Regardless of the expertise we have, the beauty of the digital space is that we can record a course with several lessons and sell it online. It will provide value and teach people without our presence being required, and most importantly, it will generate income while we sleep. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - Download The Digital Income Paradigm™ Framework https://melabraham.com/wp-content/uploads/TAE-010-The-Digital-Income-Paradigm™.pdf - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
36:1024/05/2021
009 Why Assets are Vital for Financial Liberation
In this episode, we will reveal why assets are essential for your financial liberation. We will talk about the Save, Spend, and Pray society in which most of us grew up, and how that has affected the way we see money and wealth creation. We will demystify the beliefs around passive income, and we will go through the five incomes framework. What You Will Learn In This Episode: - Why the “save, save, save” mentality can't help us to create financial liberation - The Five Incomes™ Framework - What is leveraged income and its role in wealth creation - What are the two levels of income that most people spend their lives on - The advantages of having assets income, residual income, and portfolio income When all of our income depends on one of the five incomes, we will have a hard time scaling that. The secret to financial liberation lies not in our capacity to generate income, but in our ability to create a machine capable of supporting our lifestyle without our direct effort. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - The Five Incomes™ https://melabraham.com/wp-content/uploads/TAE-009-The-Five-Incomes™-.pdf - My website https://melabraham.com/ - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom, a book by Mel Abraham https://www.amazon.com/Entrepreneurs-Solution-Modern-Millionaires-Freedom/dp/1630473308/ - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
26:0320/05/2021
008 Understanding the Number for Wealth Creation
Today, we will do a bit of math to understand the number of wealth creation. We will talk about the variables to consider when you want to reach the desired level of wealth, and we will cover the most common mistakes people make when planning their journey to a wealthy life. What You Will Learn In This Episode: - How the change in the pension plans has affected our lives - Why we must create a lifestyle plan rather than an income plan - How investment returns can help us create wealth, and how higher investment returns relate to risks - The role of time in wealth creation - The four inputs that affect the amount you need in order to grow your wealth The see-where-it-goes mind frame is not the best strategy to achieve financial liberation. Therefore, when we talk about wealth creation, it is fundamental to have a clear goal, otherwise, it is impossible to put a plan together that will get you where you want to be. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - Access the Lifestyle Wealth Calculator ™ here http://www.melabraham.com/wealthtool/ - The Four Wealth Drivers Matrix™ https://melabraham.com/wp-content/uploads/TAE-008-The-4-Wealth-Drivers-Matrix™.pdf - My website https://melabraham.com/ - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom, a book by Mel Abraham https://www.amazon.com/Entrepreneurs-Solution-Modern-Millionaires-Freedom/dp/1630473308/ - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
38:2017/05/2021
007 How to Scale Your Profits
In this episode, we will talk about profit, and we will discuss how the misconception between revenue and profit can cause problems and misunderstandings. We will also talk about maximizing profits, what the 50% rule is, and the Wants and Needs Analysis. What You Will Learn In This Episode: - Why revenue or top line is NOT what we need to focus on when we want to increase profit - What is the best way to increase a company's profit - What is the 50% rule, and how to apply it properly - How the Needs and Wants Analysis can help us scale our profits Once our company starts generating considerable profit, it becomes easy to make mistakes. Instead of asking, can I afford this, the question should be, how can I make this affordable? When we talk about lifestyle and wealth, we need to think about our future, and getting in debt for a lifestyle is selling our future for our present. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - The Fifty Percent Rule™ Framework https://melabraham.com/wp-content/uploads/TAE-007-50-Rule-Graphic.pdf - My website https://melabraham.com/ - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom, a book by Mel Abraham https://www.amazon.com/Entrepreneurs-Solution-Modern-Millionaires-Freedom/dp/1630473308/ - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
28:3613/05/2021
006 How to Overcome Your Money Story
Today, we will talk about money stories, and why I believe that the money stories that keep us stuck are not taught, but caught. We will go through Brad and Ted Klontz’ four money scripts to understand how these stories affect us, and what we can do to prevent them from running our money life. What You Will Learn In This Episode: - Where our money stories are coming from - Why we need to be able to identify our money stories - The main traits of money avoidance and money worship stories - What is money status, and where it can lead us - What it means to be money vigilant All of us have money stories, but until we step back as observers of our life and identify them, we won't be able to change them. Maybe one of the four money scripts is more present than the others in our lives, and that’s fine. What we need to do is find a balance between them. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - Book: Ted Klontz, Brad Klontz - Mind Over Money: Overcoming the Money Disorders That Threaten Our Financial Health https://www.amazon.com/Mind-over-Money-Overcoming-Disorders-ebook/dp/B002WA4O9E/ - My website https://melabraham.com/ - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom, a book by Mel Abraham https://www.amazon.com/Entrepreneurs-Solution-Modern-Millionaires-Freedom/dp/1630473308/ - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
37:0310/05/2021
005 Wealth Building and Failure in Business
Today, we will talk about wealth-building entrepreneurship and why businesses fail. We will discover the mind frames that affluent entrepreneurs need to understand and adopt, and that will set them apart from treadmill entrepreneurs. What You Will Learn In This Episode: - What is the main difference between treadmill and affluent entrepreneurs - The three mind frames on an affluent entrepreneur, and why mind frames are different from mindsets - The idea behind creating several business plans for our entrepreneurial endeavors - What happens when we have conflicting mind frames Some entrepreneurs feel comfortable with only one or two of the three affluent entrepreneurs' mind frames, and it often ends up with their business failing. We are the CEO not only of our company, but of our legacy, and that's why we must know how to wear every hat and feel confident with all three affluent entrepreneurs' mind frames. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - Career Explorer - How much money can you make with an entrepreneurship degree? https://www.careerexplorer.com/degrees/entrepreneurship-degree/salary - The 3 Mind- Frames ™ of an Affluent Entrepreneur Graphic https://melabraham.com/wp-content/uploads/TAE-005-3-Mind-Frames-of-Affluent-Entrepreneur.pdf - My website https://melabraham.com/ - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom, a book by Mel Abraham https://www.amazon.com/Entrepreneurs-Solution-Modern-Millionaires-Freedom/dp/1630473308/ - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
31:0307/05/2021
004 The Simple Way to Build Wealth
This episode is about the simple ways to create wealth. We will talk about money issues and how to deal with them. We will go through the three basic laws of wealth creation, and I'll share with you the six steps you can implement right away to change your wealth-building game. What You Will Learn In This Episode: - Why you are experiencing money problems - The three fundamental laws of wealth creation - Why it is important to know the destiny of every dollar that we generate - What is the best way to manage our investments - The six steps to start building wealth Wealth creation is simple to understand, yet it is a long game. We must be consistent, disciplined, we must be investing persistently based on the fundamental laws, and as a result, we will create wealth over time. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - Book: Chris Hogan - Everyday Millionaires: How Ordinary People Built Extraordinary Wealth—and How You Can Too https://www.amazon.com/Everyday-Millionaires-Ordinary-Extraordinary-Wealth-ebook/dp/B07MCYP39J/ - My website https://melabraham.com/ - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom, a book by Mel Abraham https://www.amazon.com/Entrepreneurs-Solution-Modern-Millionaires-Freedom/dp/1630473308/ - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
18:4106/05/2021
003 The Money Taboo That Keeps You Broke
Today we will talk about the money taboo. We will discuss how the way we think about money affects our relationship with it and our lives in general. We will go through the six reasons why we should start talking about money with the people around us. What You Will Learn In This Episode: - Why the taboo of talking about money is keeping you broke - How the ignorance around money can affect our families - Why talking about money is the pathway to growth - Why we must have positive conversations about money and talk about it with our kids - The importance of breaking the not-talking-about-money family tradition There are many emotions around money. Those who have it feel guilty, and those who don't feel ashamed. The feelings around money make it an uncomfortable topic to be discussed, which only creates more ignorance and confusion about producing wealth. We need to remember that money is neither good nor bad, it's neutral. It's just a tool that can be used for the greater good or not. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - Download The Framework Formula https://melabraham.mykajabi.com/framework-formula-opt-a?_fs=bf04d77d-f5b9-4f0d-ba42-370ec6d7ca8f - My website https://melabraham.com/ - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom, a book by Mel Abraham https://www.amazon.com/Entrepreneurs-Solution-Modern-Millionaires-Freedom/dp/1630473308/ - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
15:3205/05/2021
002 How to Achieve Financial Liberation
In this episode, we will talk about how to get financial liberation. We’ll discuss what it means to be a treadmill entrepreneur and the long-term results that they get. We will also go through a small portion of the Affluent Blueprint Framework, and the outcomes of living an affluent entrepreneur life. What You Will Learn In This Episode: - The difference between financial freedom and financial liberation - What it means to be a treadmill entrepreneur - The three critical outcomes of an affluent entrepreneur life - What it means to have complete freedom - What are the three pillars that grant the critical outcomes of an affluent entrepreneur life Every entrepreneur struggles with the work-life balance, when actually the struggle is about work-life harmony. Every work-related decision affects our personal lives and the ones around us, and a richer lifestyle is not about assets and possessions only, but about having time in our day to spend with our loved ones. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - Download The Framework Formula https://melabraham.mykajabi.com/framework-formula-opt-a?_fs=bf04d77d-f5b9-4f0d-ba42-370ec6d7ca8f - My website https://melabraham.com/ - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom, a book by Mel Abraham https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
17:3203/05/2021
001 How to Live a Life of Affluence
In this episode, we will talk about the affluence life paradigm, and how to live an affluent life. We will go through each of the four paradigm elements, and learn how to put together an affluence plan. Finally, we will talk about what it means to generate a perpetual income machine. What You Will Learn In This Episode: - What we mean when we say affluence, and how that impacts our lives - What is an affluence life paradigm - Why we need to have a meaningful and impactful vision - What it means to have a fruitful and peaceful affluent life plan - The five incomes and what it means to have a perpetual income machine One of the keys to being an affluent entrepreneur is to have a bigger-than-us vision, something that we want to achieve outside of ourselves. It has to be powerful enough to keep us on track during the most challenging times. We must have a vivid and compelling vision, something we would crusade for, and that’s the only way to ensure that we will get up after every blow life gives us. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - Download The Affluent Life Paradigm™ Framework https://melabraham.com/wp-content/uploads/TAE-001-Affluent-LIfe-Paradigm™-.pdf - My website https://melabraham.com/ - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom, a book by Mel Abraham https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube www.youtube.com/user/MelHAbraham
20:5003/05/2021
000 Welcome to The Affluent Entrepreneur Show!
This show is all about your business, your finances, and your life. This podcast is for you if you want to play a bigger game in life, in your business, with money, and generating a massive impact in the world in the process. I'm Mel Abraham, a best-selling author, speaker and founder, CPA by education, and entrepreneur by exhilaration. I'm the founder of the Thoughtpreneur Academy and Business Breakthrough Academy. In my journey as an entrepreneur, I've built, bought, and sold several multimillion-dollar businesses for my clients and myself. I believe that everyone should be financially independent. On this podcast, we will have open, frank, and direct conversations about wealth, business, and life, shining a light on what is possible for your entrepreneurial endeavors. I'm convinced that being an affluent entrepreneur is the answer to living a bigger, bolder life, and to do it is within our reach. I'll invite successful entrepreneurs, investors, and high-performance athletes to the show to share pearls of their wisdom about business, wealth, and their lives. I will answer the questions you send me and bring some of you to do one-on-one live coaching. Allow me to guide you on your journey of becoming an affluent entrepreneur. Let's do this together! Resources: - My website https://melabraham.com/ - Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1 - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham
16:4203/05/2021
TES 094 - How to Create Frameworks That Get Results
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about how to take your concepts and communicate them in a way that gets action as well as results from the people that you are serving. As visual learners, we learn with pictures and frameworks. They are the key to inspire understanding and results. If we don’t get it right, your marketplace will be lost in complexity and confusion, there’s no understanding and what really happens is that there is no progress. When we get it right, the mess becomes simple, your audience sees themselves in there and it gives them path to results. It’s how they take their first step. The 3 things that you need to know: Geometry is real. There’s basically squares, circles and triangles. Emotions are imbedded. Your audience identifies with the fears, frustrations, aspirations, and dreams. Choreography gives it life. The syntax and process to unpack it will move them. The Framework Formula Here are the 4 common elements that all frameworks will have: Geometry: Squares, circles and triangles are pushed together. The shapes have different meanings attached but we must realize that every framework has geometry and it needs to be really thought out. Content: Content needs to be meaningful. They are the points that start to bring things home and allow for that movement. Emotion: Think about what emotions you are trying to bring out. Think about their fears, frustrations, aspirations, dreams and how you will instill certainty in them. Choreography: It’s about the steps that you are going to use to reveal the whole thing. An emotional dance of understanding to bring simplicity to complexity. There are 6 types of frameworks: Value framework: Present levels of value so that your market can identify where they are, the challenges that exists and where they want to go. It gets them to have that desire or emotion. What framework: It’s about teaching someone a set of principles. Most of the times they are in the form of matrices. Process framework: With process frameworks, you are sharing the steps and what needs to be done. If framework: It’s evolutionary. It talks about “If we do these things, we will evolve to this level”. Urgency framework: It’s a model that creates a need to do something now. It’s to move them by giving them the consideration of inaction. Genius framework: You combine several frameworks into one. It includes a multitude of things that grasps everything. __________________________ ABOUT MEL ABRAHAM Mel is the founder of Business Breakthrough Academy and Thoughtpreneur Academy where he helps entrepreneurs bring their businesses to the world and build the lifestyle that they wan
29:2130/03/2017
TES 093 - How to Go from Job to Entrepreneur
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, answers a question about whether it is time to quit your job and go from job to entrepreneur. As risk mitigators, entrepreneurs must weigh the risks before moving forward. If you do not get it right, you are living a dual life, there is no joy in earning, and you find yourself in no or low cash flow. If you get it right, you feel like you are in flow, you are monetizing your passion, and you find freedom and cash flow. The 3 key principles you should understand: Committed vs reckless. There’s a difference between being committed and being reckless. Plan and test. Put strategies in place and get feedback. Set your scale threshold. Not everyone has the same transition point. The Entrepreneur Transition Formula Preparation: It is about your thinking. Clarify what you are passionate about but passion itself isn’t enough. You must create value in other people’s lives with your passion. Also, interview the people you want to serve and know about the things that they are looking for. Evaluation: It is about analyzing. Plan your idea and how the journey looks like. Do micro-launches, test, get feedback and tweak it as needed. Finally, assess everything so you can move forward. Execution: It is about doing. Look at the financial viability and see whether it’s a viable commercial option. Understand who do you need to make it happen and form a team over time. Decide on your scale threshold. It’s the tipping point where you believe that you can make money at it, scale it if you dedicate more time on it, and it will allow you to fulfill your dreams and live your aspirations. Get preparation and evaluation correct and you will find some comfort in the process. When you get evaluation and execution correct, you get clarity. Through evaluation and execution, we are living our calling. Transition is built on all of this. __________________________ ABOUT MEL ABRAHAM Mel is the founder of Business Breakthrough Academy and Thoughtpreneur Academy where he helps entrepreneurs bring their businesses to the world and build the lifestyle that they want. Mel is one the most sought after entrepreneurial mentor and strategic thinkers of our time. Unlike many other so called “business coaches”, Mel has lived everything he teaches and continues to do so. Mel has built, bought and sold numerous multimillion-dollar businesses for himself as well as his clients. As the author of The Entrepreneur’s Solution: The Modern Millionaire’s Path to More Profit, Fans & Freedom Entrepreneur, Mel’s strategies have helped build thousands of businesses and have generated hundreds of millions of dollars for his clients, ranging from large corporations to startups and small family-owned businesses. Mel is a true believer in the entrepreneurial way of life and says that this “new frontier” is the paradigm that will shift society from simply existing to living life bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/ ____________________
39:5128/02/2017
TES 092 - How to Get Your Message to Market Match Right
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, teaches you how you can get your market to message right by building a bridge between the two. If you want to build an audience or a following, you need to be able to spread the right message to the right ears at the right time in the right way. This episode will teach you how you can get your market to message right by building a bridge between the two. If you do not get it right, your message gets lost and no one sees it. Nobody is there for your content and you end up with no sales. But if you get the market and the message right, there is clarity. Once they have it, your message becomes music to their ears and deals end up getting done. The 3 principles that you need to know: They need to feel understood. You have walked in their shoes or understand what it’s like. They need to see a path. That you can take them from point A to point B. Transformation drives value. Articulate the transformation that they get. The Market/Message Bridge This framework allows you to articulate the value, transformation, messaging, and empathy. It’s about (1) being able to articulate the frustration, (2) giving them hope and (3) speak to their aspirations. There are 6 levels or hot buttons to this process: Emotion: What are they feeling? Articulate their frustrations, fears, anger, angst, and anxiety at the base level. Existence: It’s their current reality. What is really going on? Appeal to their struggles. Empathy: Understanding them from their position. What did you do when you were in their place? Evidence: They need to see the solution in you. Move them from frustration to hope. Envision: It’s about giving them a foretelling of the future. Say how you figured it out. Evolution: Attach to the desires. What are they feeling now and what new feelings come to light? __________________________ ABOUT MEL ABRAHAM Mel is the founder of Business Breakthrough Academy and Thoughtpreneur Academy where he helps entrepreneurs bring their businesses to the world and build the lifestyle that they want. Mel is one the most sought after entrepreneurial mentor and strategic thinkers of our time. Unlike many other so called “business coaches”, Mel has lived everything he teaches and continues to do so. Mel has built, bought and sold numerous multimillion-dollar businesses for himself as well as his clients. As the author of The Entrepreneur’s Solution: The Modern Millionaire’s Path to More Profit, Fans & Freedom Entrepreneur, Mel’s strategies have helped build thousands of businesses and have generated hundreds of millions of dollars for his clients, ranging from large corporations to startups and small family-owned businesses. Mel is a true believer in the entrepreneurial way of life and says that this “new frontier” is the paradigm that will shift society from simply existing to living life bigger, bolder and on the
27:0321/02/2017
TES 091 - How to Create a Training that Transforms
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, discusses about how you can create a training that builds in transformational results for the people that buy, use, attend and learn from you. We need a killer program for it because if we do not do it right, there is no one that has attention on us, there is no demand and it results in the fact that we can't improve other people's lives. When we get it right, there is an intense focus on us, we are in demand and the users get the results in the process. The 3 principles that you should know: Insights drive transformation Feelings deepen retention Action steps will lead to results The Killer Program Paradigm This framework will allow you to make an experience and build the feelings necessary to give your audience the action steps which in turn gives them the results in the process. Education: They come to us for training and so we educate them. We give them the insights which are not just the data but the interpretation and application of it. Experience: It shouldn’t flow in just one direction. People want to experience it and you have to make sure that they immerse in it so that it creates feelings inside of them. This is how you retain them. Execution: It should be executable. They should be able to apply it. Give them a step-by-step action plan. If we build their feelings and give them the insights, they assimilate and identify with it. When you educate them, and give them the execution plan, you’re giving them the clarity. Finally, when we create the experience and education, passion sparks inside of them. Ultimately, when you get everything right, you end up with creating Transformation. __________________________ ABOUT MEL ABRAHAM Mel is the founder of Business Breakthrough Academy and Thoughtpreneur Academy where he helps entrepreneurs bring their businesses to the world and build the lifestyle that they want. Mel is one the most sought after entrepreneurial mentor and strategic thinkers of our time. Unlike many other so called “business coaches”, Mel has lived everything he teaches and continues to do so. Mel has built, bought and sold numerous multimillion-dollar businesses for himself as well as his clients. As the author of The Entrepreneur’s Solution: The Modern Millionaire’s Path to More Profit, Fans & Freedom Entrepreneur, Mel’s strategies have helped build thousands of businesses and have generated hundreds of millions of dollars for his clients, ranging from large corporations to startups and small family-owned businesses. Mel is a true believer in the entrepreneurial way of life and says that this “new frontier” is the paradigm that will shift society from simply existing to living life bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/ ____________________ THE ENTREPRENEUR'S SOLUTION The Entrepreneur's Solution is a weekly entrepreneur, business, wealth
20:0014/02/2017
TES 090 - How to Create a Lead Magnet that Converts
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, shares with us the framework and the tools so that you can build a lead magnet that converts. If you do not get it right, we're going to end up with a bunch of lookie-loos, we are in a situation where there's literally no traffic and we don't even get that first date with our audience. But if we get it right, qualified people will be attracted to our content, they even share it and you end up with courtship which is a trusting and loyal relationship. The 3 key principles that you need to know: They are looking for something It solves a specific problem It highlights a bigger solution The Lead Magnet Pillars The objective here is to get something that actually attracts and converts. There are 3 keys to it: Educate: They got to feel that it’s going to educate them. There should be information that is useful. The easily digestible content that you provide should empower them. Engage: It should not be a data dump but something that can engage them. Ultimately, what we’re looking for is eyeballs. You want them to be attracted to it so you can convert. Inspire: It should inspire them to (1) take action and (2) take them to a higher aspiration. It should build excitement of what is possible in the sense of growth, ease, and certainty. When we create a lead magnet that engages and inspires them, we are able to create loyalty. Trust is gained when we inspire and educate them correctly. Lastly, if we get the engagement and education in place, we are going to build authority. All of this is going to attract and convert. __________________________ ABOUT MEL ABRAHAM Mel is the founder of Business Breakthrough Academy and Thoughtpreneur Academy where he helps entrepreneurs bring their businesses to the world and build the lifestyle that they want. Mel is one the most sought after entrepreneurial mentor and strategic thinkers of our time. Unlike many other so called “business coaches”, Mel has lived everything he teaches and continues to do so. Mel has built, bought and sold numerous multimillion-dollar businesses for himself as well as his clients. As the author of The Entrepreneur’s Solution: The Modern Millionaire’s Path to More Profit, Fans & Freedom Entrepreneur, Mel’s strategies have helped build thousands of businesses and have generated hundreds of millions of dollars for his clients, ranging from large corporations to startups and small family-owned businesses. Mel is a true believer in the entrepreneurial way of life and says that this “new frontier” is the paradigm that will shift society from simply existing to living life bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/ ____________________ THE ENTREPRENEUR'S SOLUTION The Entrepreneur's Solution is a weekly entrepreneur, business, wealth and lifestyle show where entrepreneur, speaker and author Mel Abraham reveals all of his business and entrepreneur building strate
23:3401/02/2017
TES 089 - How to Build Engagement with Your Market
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, about how you can engage your audience or market so that you excel in your presence out there and build a following that is going to champion you. If we don’t get this right we are going to feel deserted, it leads to feeling ignored and there is no growth. But if you get it right, there is a crowd and it is populated, you will enter into conversations and ultimately it becomes a stampede as they want to be a part of the community. The 3 principles that you need to know to building engagement with your market: Speak to their desires. Understand their dreams and aspirations. Get their commitment to do something. Decision is simply the catalyst. Only a few them are immovable. The Engagement Elevator This framework helps us to understand the following 3 pillars of engagement: Heart: It is about incorporating the emotional side. It may be a story, a statement or something that grabs them emotionally first. It’s a ‘why’ statement. Head: It is about engaging their rational thought process. Your communication with them should speak to the logical part of their mind. Hands: It is behavioral. Get them to do something. Get them to make a movement or take an action. It is how you get results. Dealing with the head and hands together, you have given them the logic and the action items. It is how you get your audience to take a Decision. If you get the head and heart together, you speak to their logical and emotional side. That is how you incorporate their Aspiration. When you incorporate their heart and hands, their decisions are driven more by heart and less by logic. That is how you create a Mission. All this leads to generating Engagement with your audience and marketplace. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply existing to livinglife bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/ ____________________
27:2225/01/2017
TES 088 - Moving From Goal-Setting to Goal-Getting
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about moving from goal-setting to goal-getting using something called The Achievement Ladder. If we are not focused on achievement and goal-getting, we end up with spotty success, we have a complete lack of drive and we start to stew pessimism. When we get it right, we will walk through the success gateway, we are hyper-driven and we approach things with a knowing. Here are the 3 things that you need to know: Micro-successes are key Blame builds walls Positive expectancy The Achievement Ladder Goals are useless unless they are energized by emotion. They should be aligned with your vision and purpose. This ladder of achievement is meant to infuse you with the energy so you move from goals to success. Personal Growth: At the very bottom of this framework is personal growth. In order for you to succeed, you need to be willing to do things and have that inherent desire to grow. Perseverance Purpose: Why are you doing this? Why do you want this goal? Write it down because purpose is effectively your emotional why. Passion: What is the passion you bring to it? You got to have strong emotions behind it so that you and your team will get behind the mission. Patience: Have the patience to continue on the path to build things. You can’t control everything but you need to have the patience to deal with the setbacks and move forward. Practice Plan: What are the bite-sized action steps that you have in place? You need to plan out the resources, people and help that you need in your journey. People: Who are the people you need? Success is never a solitary pursuit. Think of the people you need like employees, team and customers. Positivity: Have positive expectancy. Be idealistic as well as realistic. Come up with 2 to 3 emotionally compelling positive statements to bring you back to the center. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply e
29:1317/01/2017
TES 087 - How to Maximize Your Success
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, continues the journey on productivity and talks about how you can maximize your success in such a way that accelerates you toward your destination. If we don't understand how to do it, we end up with no process, we don't recognize successes along the way and we're just not successful. On the flip side of this if we get it right, we become process driven, we celebrate our successes along the way and ultimately we have learned-success. Here are the 3 things that you need to know: Lessons are key Process brings control Blocking moves the ball The Success Maximizer Here are the 8 areas of focus for maximum success: Reflect: Define and celebrate your wins. Reflect where you are and where you have come from. Lessons: List the top 10 lessons from the past year. This is where you start to get the growth. Attitude: Where did you spend most of your time from an attitude perspective? Were you pessimistic or optimistic? What was your overall attitude? Gratitude: What are the top 10 things you’re most grateful for? List them all out. Simplify: What are 3 things you can let go of to simplify your life? Be honest with yourself and subtract the over complicated from your life. Process: Set your key goals for the coming 12 months and build the process into 90-day accomplishments. Have a course of action where you define your 90 day plans for the next 12 months. Disconnect: Set a minimum of 3 times during the year for you and your loved ones. Create the time to unplug and disconnect. Block: Schedule your time blocks for the coming year. Block out time for events, time outs, personal and creative time. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply existing to livinglife bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/ ____________________
28:5909/01/2017
TES 086 - How to Be More Productive
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about how you can be more productive with the help of successful rituals or habits in your life. If we don't get such rituals right, we find ourselves in a confused state, we are totally unfocused and we ultimately end up with no results. When we get it right, we have clarity, everything we do is intentional and we start to complete tasks. So here are the 3 principles that you need to know: Focus precedes action Actions don’t equate to completion Fulfillment is your true currency The Productivity Sphere This framework will allow you to divide your time in the morning and later in the day. Each activity gets a maximum of 90 minutes. The activity doesn’t have to be the same for everyone. You can use this as a reference to create your own sphere of productivity. In the AM Creativity: This is the time to be creative. You can spend the time generating ideas and writing them down. It is not necessary that you do it as the first thing in the morning. Exercise: The time for exercise is largely important. It energizes you and brings vibrancy back in your life. Team: This is the time that you separate for your team. Do they need something from you so that they can carry on with their work? Strategy: Sit back and look at your strategies. What are the plans that are and aren’t working, the things that you need to tweak? MIF: Most Important First. When you have a lot of things to do or are procrastinating, list them out and do the ones that are most important. In the PM Review: Look back and review the day. Think about how you did your daily tasks and carried on with your strategy. Wins: What are your wins for the day? Did you accomplish what you set out to? It’s a way to compliment ourselves. Gratitude: Realize the things that you are truly, truly grateful for so that you create a chance to expand and grow from there. Plan: What are the wins for tomorrow? What needs to take place for them? Who do I need help from? Unplug: Shut the doors to your office and unplug. Be with your loved ones and rejuvenate yourselves so that you are ready to take on your morning rituals tomorrow. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as wel
31:4715/12/2016
TES 085 - How to Make Sure People Know Your Value
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about your value because if you don't get value right no one sees you, people don't have interest in you and there is no sale. However, if you get it right, you're seen by your marketplace and the potential folks trying to hire you, people are curious and want to know more, and ultimately they buy. Here are the 3 things that you need to know: Transformation drives value Process gives confidence Results create certainty The Value Articulator This framework allows you to articulate your value so that you are able to speak to your audience in a succinct way. Who: Who do you help? This is our market. What: What results do you help people get? How: How do you help? This is the process. Problems: When you talk about who and what together, it’s really about the problems you solve. Transformation: It’s between what and who. We get transformation by matching the people we work with, with the process that works. Distinction: It is what the results are that we get and how we get them. The Value Articulator Template This is a template that you can use to answer who, what, how along with the distinction that you have when compared to others. Here is how it works: I help [X] do [Y] so that [Z], unlike [A] because of [B]. X – Who do you help Y – What do you help with Z – What results you help get A – Customer alternatives B – Your Distinction __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply existing to livinglife bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/
20:5307/12/2016
TES 084 - How to Negotiate or Get to Solutions
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about negotiation, helps you understand the concept of conflict and shows you how you can go from contention to solution. In any type of negotiation, if you don't get it right, it's going to be an energy drain, the conversation will stall and you find yourself in a constant battle. If you get it right, you start to make progress, get some understanding and finally, produce some sort of resolution. The 3 principles that you need to understand are: The details bogs you down The meaning that people give to situations is highly emotional We need to find our solutions above the meaning and details The Solution Pathway To go from contention to solution, there are a couple of things to understand: Observations: What happened? This is the detail, the stuff that we get caught into and we can’t get away from it because we’re stuck in the specifics. Emotions: What made it happen? What are the meanings placed in it? We need to understand the meaning that comes from it. Realizations: What is it about? This is where your solutions can be found. What they are doing Excavation: At an observation level, they dig into the problem and create a hole of emotions. Personalization: Once they dig in, they make it personal. Escalation: This is when we start to really have problems. People are worried about the details and escalating it. What they should be doing Information: At the observation level, we actually should be getting the facts and not placing blame on anyone. Appreciation: Acknowledge and realize what they are feeling. Identify the difficulties and emotions without discounting it. Have empathy. Resolution: At the highest level, we finally get to the resolution. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm
26:4429/11/2016
TES 083 - Finding Gratitude in Business and Life
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, reflects on being grateful and the concept of gratitude in life. If you don’t get gratitude right, you are going to be limited with energy because it sucks us dry, you will find yourselves full of angst and if you are not gracious, you will find yourself alone. But if you get it right, you will have unlimited energy, you are going to be happier and ultimately it makes you magnetic. So, here are the 3 things you need to know: All gratitude is generated from within The actions you take will give it life The habit of appreciation comes from practice The Gratitude Grid We are going to look at elements that are internal to you, activities you need to undertake and we finally look at the practices that need to come to life. Internal Notice: We have the ability to notice things—negative and positive. Look around and appreciate the things that are good and what can be improved. Humility: Do not allow your ego to get in the way. People do not want to be around egotistical folks. You have to come from a place of service and humility. Commit: Being committed to raise awareness, notice things, reduce ego, live with humility and looking for things that you can be grateful for. Activity Journal: Journal daily if you can or else do it at least weekly. Write about what happened, what you learned, what you are grateful for and what you can do better with. Compliment: Compliment people for who they are and what they do even if you don’t know them. It will shift their behavior. Cause: Elevate yourself beyond the tactical missions to something greater. Get over that task zone and approach it with a higher cause. Practice Transform: Transform yourself and look at your life differently to focus on the good and grateful things. Also, transform the people around you and how they feel. Learn: Be open to making mistakes and learning. Focus on the growth as you become more open. Sincerity: Go through emotions and be sincere with them. Don’t say things just because they sound right but because you mean them. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s
33:5023/11/2016
TES 082 - How to Create Valuable Content
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about how you can create valuable content. We discuss on what it takes to create content that is perceived as valuable so that you are much more in demand as an influencer. If we don’t get it right, people are going to perceive your content as trivial, it will feel complex and what happens is that your content gets forgotten. But if you get it right, people will realize that it is useful, simple and ultimately it becomes unforgettable. The three principles that you need to consider when doing this: Distinction comes at the end It comes from their world Actionable leads to impact The Thinking Hierarchy Essential: At the base level, it has to be essential in their lives. It needs to hit home. Otherwise they are going to perceive your content as junk. So, at the base level, you need to make it informational to make it atleast 1X important. Expansive: The next stage where your content should deepen the thinking on your topic and area of expertise. If that’s not the case, it becomes trivial. We are trying to extend the body of knowledge so that it becomes useful and 2X important. Actionable: Your content should be able to get results. People should be able to use it in their lives. Otherwise, it is not valuable and what we want is to create something that is invaluable so that it is 3X important. Refined: Is the content easily effective? We are trying to move from something that is perceived as complex to something that is simple enough for people to do it. In this way we can move it from 3X to 6X. Distinct: The final stage which is about making your information distinct. We shouldn’t start with it but finally, we want it to stand out. The result that we are looking for is to make it unforgettable instead of being forgotten. The results move to 10X. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply existing to livinglife bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/ ____________________
23:2215/11/2016
TES 081 - How to Build a Personal Brand
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about how you can brand yourself and create a personal brand so that you become that premium provider who is sought after because what you know makes a big difference in people’s lives. If you don’t get this right, there is going to be tons of friction, you will start to feel isolated and ultimately you will be invisible. If you get it right, you will be in this natural state of flow, you will create a community and you find yourself in demand. So what you need to realize is that deeper thinking leads to valuable impact, your positioning is intentional and you need to have platform obsession. The Influencer’s Evolution There are 6 stages to it: Purpose: What is your purpose? You are it. This is really about you. If you don’t get it right, you will find friction in life and if you get it right, you end up with flow. Perspective: This is about what you know. You know it. It will be a drain if you don’t have a process to it and if you do, then it gives you distinction. Positioning: Positioning is about them. They see it. If you don’t do it properly, you are invisible but you will be in demand if you do it in a proper fashion. Platform: They get it, your stuffs and solutions. If it’s not properly done, you will be isolated but if when it’s done right, you’re building a community who will champion you forward. Prosperity: This is about the rewards. We value it. If we don’t know what is going on, then you will be unfulfilled versus being fulfilled when you get it right. Plan: We see it and we need to plan after we get the five mentioned above right. If you don’t plan properly, we get random results. But if we keep the five in mind and make the right plans, we end up with predictable and deliberate results. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply existing to livinglife bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/ ____________________ THE ENTREPRENEUR'S SOLUTION
30:3709/11/2016
TES 073 - The Three Simple Keys to John Lee Dumas’ Success and 1400 Podcasts
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks with John Lee Dumas, the founder and host of one of the best podcast in the entrepreneur space, EOFire about three simple keys to his success. About John Lee Dumas John Lee Dumas is the founder and host of EOFire, a top ranked business podcast where he interviews inspiring entrepreneurs daily. Before getting into the podcast space, he served eight years in the army. After he came back, he went through a six year struggle in his search for meaning and making an impact. His journey took him through a law school to corporate finance to real estate. With some wins and some failures, he just wasn’t happy. So, in his search for content he discovered some incredible podcasts which were free, valuable and constant. But he found out that the frequency in which they were published wasn’t enough for him so he started his own podcast Entrepreneur on Fire which is published 7 days a week. As of now, there are almost 1400 episodes published with over a million monthly listeners and 30 million downloads to date. Key Takeaways It really is important to distinguish yourself to make better stuff and be better at what you do. You are not going to be awesome from day one. Keep working hard every single day to get a little bit better. It is not about the hack or the technology. We have to run the miles. Create the solution for your avatar. Don’t force out more than you can really get out there in a quality way. People want the quality so work on it. Three Habits for Success Creating (1) free, (2) valuable and (3) consistent content. Biggest Hurdle The Imposter Syndrome due to which high-achieving individuals are terrified and are unable to internalize their accomplishments. Looking Into the Future We need to focus our energy and our greatest impact on specific avatars that we want to serve. If you try to resonate with everybody, you resonate with no one. Just know who you are at your core, know exactly who you want to serve and then just serve that person or those few. Those few people even that one person will grow into a much bigger tribe. Interview Links The Freedom Journal EOFire Podcasters’ Paradise Fire Nation Webinars on Fire The Resource Profit First, Michael Michalowicz The Doozy Stop taking life so seriously. You have a long roa
27:3301/11/2016
TES 080 - How to Create a Compelling Customer Promise
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about how you can create a compelling customer promise so that you not only end up with customers for life but with evangelists who are ready to do anything for your business. If you don’t get this right, you will have no distinction in the marketplace, the perception of your value is low and you end up with customers who are runaways. They will buy from you but there is no loyalty and connection. But if you get it right, competition will fade away, your price will not matter and you will build an army of evangelists. To make it happen, here are the principles that you need to know: Expectations are transactional, Be focused on their identity, and Create a buzz from the delivery. The Customer Promise Amplifier This tool allows you to figure out how you deliver your promise to customers in terms of execution, perception, buy criteria, type and impact. There are 3 levels to this: Expectation level At the bare minimum, your execution is based on their expectation and you meet it. The perception in the marketplace is that you’ve got a commodity that you are offering and it’s without any distinction. The buying criterion is the cost and you have satisfied customers who end up being leavers or runaways. Desire Level This is the minimum level that you want to serve. Serve their desires and you have elevated above their expectations. They will look at you and your offer as a premium and the buying criteria is not much the cost but the utility or the impact that it’s going to have in their life. You will have happy customers and they will become repeaters who keep coming back. Unexpected Needs Level You do completely unexpected things so that your customers will look at it and perceive it as extraordinary. Their buying criteria will be based on their identity and you will have customers who are your fans. It will cost you money but in the long term it’s going to pay back as the impact you have will create evangelists who are willing to vocalize for you and are out there talking you up. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift so
29:5925/10/2016
TES 079 - Defining Your Business Identity & Culture
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about defining your business persona and creating a business identity. It is how your customers, employees, team and the people around you identify with your company and brand. We need to be really particular about creating an identity for our business. If we do not get it right, we have no direction as an organization which leads to hiring people that don’t fit our identity needs. Ultimately you are not going to be able to build loyalty in your business. But if you do it right, you are going to create a group of people that are on a mission, they are going to be totally dedicated for your cause and outcome. All these result in the creation of a valued brand. So, what you need to know is that your culture is your aquarium and you need to keep it cleansed. Your tactics are driven by values that you set in the organization and the results are the byproduct of the identity that you create. Business Personal Cycle Values: The very first things that you want to define are the values of your organization. It is how you make decisions. If you are consistent with the values, it will lead to a specific culture. Culture: When culture is done right, your team and employees will be there to follow your cause and not just to get their pay checks. You need to have a culture that serves something far greater. Dialogue: This is the talk and it could be conversations about anything. Interactions between employees, team members, management and the team are all dialogues which build what we call a movement. Tactics: The dialogue and movement determine the tactics that we are going to take. They are the specific actions that you put in place so that they result in certain desirable outcomes. Systems/Processes: When we systematize the thinking, culture, dialogue and tactics, we have something known as a process. These systems or processes drive the results of your organization or business. Results: They are what we want; our ultimate goal. When you get the results that you desire, don’t stop there as the cycle continues and you have to go back to your values. These are the keys to building your business persona. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply existing to livinglife bigger, bolder and on th
21:2019/10/2016
TES 078 - How Is Your Identity Created?
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about defining yourself to create your identity because it is one of the most important choices you can make as a person. If you get it wrong, you are lost because you don’t really know who you are and what you stand for, you get inconsistent results and others lose trust in you because they can’t trust the response. If we get it right we get clarity, become directed in a particular direction and ultimately we become highly trusted. So, what you need to know is that your identity starts with your thoughts, actions will bring them into being and the results will drive it deeper. The Personal Identity Cycle Values: To figure out your identity, the first thing you need to consider is what your values are. It drives everything and can be internally or externally sourced. Thoughts: Ultimately values lead to our thoughts. They are the start of everything. All the things around you lived in the thoughts of someone before they were invented. In order to get behavior change, we have to go through our thoughts first. Words: Thoughts lead to words. The words you use to communicate or tell yourselves something is the manifestation of your internal thinking. So carefully consider the words you use when you communicate before actually doing it. Actions: Actions are driven by words. The actions we take are an important part of our identity. Be positive with words and follow them up with considerate actions. Habits: Our repetitive actions are what we call habits. We are so much ingrained in these that we do them without thinking. You don’t need to give careful thoughts to such habits as they are deep in our psyche. Results: Finally, everything leads to the results that you generate. This is the final point in the cycle which will go around continuously. The sum total of this cycle is our identity. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply existing to livinglife bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/ ____________________ THE ENTREPRENEUR'S SOLUTION
23:3512/10/2016
TES 077 - Lessons from My 55 Years of Life
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, shares his six lessons from 55 years of living and how you can have a fulfilled life. If we don’t get this right, we’re going to live a life of disappointment, it feels like a constant struggle and there will be no meaning to it. But if we get it right, it builds our confidence, we find our resilience and we have a meaningful life. To make it happen, what you need to know is that comparisons disappoint, your worth is in the beholder and possibility always exists. The Six Lessons From 55 Gut: Consider what our gut tells us because it gives us things that we logically and analytically cannot pick up or understand. You need to work from that because the analysis might look great but if in your gut it doesn’t feel good, you need to rethink the whole process. Grit: It is about courage and the ability to go forward using your stamina and resolve. There will be a lot of naysayers and haters but you need the courage to face them and keep doing what you believe and want in life. Gathering: We need people around us. No one is a self-made millionaire. There are a lot of people that nurture and guide a successful person. So, really think about who you surround yourself with because you need people who will call you out and hold your standards to a higher level. Greatness: Identify the things that you are good and passionate at because you ought to be spending your time doing those things. You can be more impactful in areas where your talents and passion intersect. So, spend your time where your greatness lies. Generosity: Be giving. Come from a place of service. We are not here on this world to just take and accumulate. Serve, help, elevate and live a legacy with the help of your generosity and kindness. Gratitude: It overarches everything that we do. When you build your life, you have to know what you are grateful for. Maybe you can list out such things regularly and see how it shifts and changes your life and business. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply existing to livinglife bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/ _______________
26:2205/10/2016
TES 076 - How to Avoid Mistakes
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, teaches us how we can learn from our mistakes before we even make them. It is about getting it wrong to getting it right. If we don’t get this right we have no clarity, no action and we get no results. But if we do it right then we will have clarity and purpose, our actions will be intentional and what ends up happening is we get great results. So, what you need to know is: You need to be real about yourself and your capabilities. Know your target and where you want to go. What the worst case is so that you can mitigate it and grow. The Antithesis Advantage Using the framework, we are going to look at the worst case scenario, analyze our strengths and values so that we know where we stand and what we need to do. It is a quadrant model rated using value in the horizontal axis and strength in the vertical axis. There are four quadrants in this model: Delegator: Low in both strength and value. Meaning that there is very little critical nature to it. Scholar: High on values and low in strength. This is when we need to study, work and learn. You can also get someone to help you out because it’s critical to the outcome. Overseer: Low on value and high on strength so you are going to let someone else do it and then you review it. Mastery: It’s high on both value and strength so this is where we need to be spending our time. This framework can be used for any skill, goal or opportunity. You can list out the skills needed and then rate it on the basis of strength and value. You can then imagine the worst case and prepare an antithesis for it. In this way, you can plan the solution before the problem ever arises so that you raise the likelihood of success. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply existing to livinglife bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/ ____________________ THE ENTREPRENEUR'S SOLUTION
28:1927/09/2016
TES 075 - How to Communicate Effectively
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, discusses how we can communicate effectively and shift people’s thinking. To get your point across to someone else’s mind you have to communicate in a way that is consistent and its effectiveness is measured by the results you get. The challenges that we face if we don’t get this right is that we’re not heard, we have no impact and ultimately we end up not being fulfilled. On the other hand, if we get it right, it is music to our ears, and in the process you can shift people’s thinking and build a movement. Here are the important things that you need to know: Forget your bias and communicate beyond it to get your point across. Need to touch all of the preferences and perspectives out there. Use the right tools to bring it to life. The Communication Pathways In this framework, in the center of it all is insight. Then you will find detail thinkers versus big thinkers on the top and bottom respectively. Similarly, on the left and right respectively there is low emotion and high emotion. Now, let us take a look at the four different communication pathways: Data Wonk: These are the people who are detail thinkers and want to see data, proof and numbers, and their choices are made from a low emotion standpoint. They are grounded, systematic and analytical. Storyteller: They are detail oriented but are emotional as well. They give a lot of detail and descriptive information that are memorable and compelling. Visionary: They have high emotion and are big thinkers so they are very passionate and idealistic. They are ready to take on problems or situations as they are visionary. Architect: They are the builders who are practical and will find simplicity on the other side of complexity. They will use processes and diagrams in their communication. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply existing to livinglife bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/
21:4220/09/2016
TES 074 - How to Be Seen as a Leader
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about the steps you can follow so that you are seen as a leader. All of us are leading someone and if we don't get it right, we have no real knowledge, no real results, and we are seen as an imposter. But if we do it right and get a command of this, you are seen with a distinct and unique set of talents and knowledge, it is highly valuable and you ultimately become the "go to" authority. These are the things that you need to know to be perceived as an authority: Impact Focus: To be in a thought leader level, we need to focus on the impact that our information, business and thought process has. Unique Insights: You cannot be a repeater but have to give unique perspective. Solution Driven: There’s a specific problem and you have the precise solution for it. The Authority Acceleration Matrix In this matrix, at the bottom there is no reputation and at the top, there is great reputation. On the left, there is low knowledge and on the right there is deep knowledge. Here are the types of people present in the four quadrants: Task Junkie: In the lower left quadrant, someone who is really task driven and income is low. It feels like serving time and swapping it for dollars. Book Worm: In the bottom right quadrant, people who are relatively unknown. They are the ones in the offices who love their work and are technically astute. Great Imposter: In the top left quadrant, this is someone with a low or just surface level of knowledge but is a good marketer. They have a short lifespan because they don’t possess the depth of skill. Authority: In the top right quadrant is where you want to be. These folks are highly valued because of their unique insights and distinct solutions. They really have a deep level of knowledge. The focus of these four types of folks differs. On the bottom you have no focus and impact focus respectively and on the top, there’s marketing focus and knowledge focus respectively. What you want to do is have a deep level of knowledge and be capable of tremendous impact in order to transcend from commodity space to premium dollar space. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this
22:5311/08/2016
TES 072 - Scaling Vs. Leveraging Your Expertise
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, continues the discussion from the last one and moves the topic toward scaling and leveraging your expertise. Scaling and leveraging are two different things. Scaling a business means you are growing everything in it from the cost structure to revenue and turnover. Leveraging your practice means growing your top and bottom line without even impacting the cost structure. What We Can Scale Marketing: You can create an automated process to scale your marketing. Another way to do it is by sequencing in which you get to know your customer base and slowly move up from there. The final way to do it is with the help of replays in which a single content will be used to serve people in different ways. System: Repetitive tasks can be systematized. You can make it framework driven or create step-by-step processes which can run on a regular basis. Duplication: It’s about duplicating what you know. Put yourself in different places not literally but with the help of guides and trainers. Licensing: Teach people to do what you do so that you don’t have to do it yourself. What We Can Leverage Time: With limited number of hours in a day, you need to be able to utilize it effectively. Serve others in groups versus solo to maximize time usage. You can try remote training or use forums and communities to leverage your time. Products: Productize what you know. Record your gigs and package it in the form of videos, audios, series, PDFs, downloadables and put it out there. Groups: Gather people in one place and deliver your message to many at the same time. You can try seminars or webinars for it. Licensing: Get your time back by creating other instructors, teachers that do the job for you while following your frameworks and steps. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm that will shift society from simply existing to livinglife bigger, bolder and on their own terms. Meet Mel at http://melabraham.com/ ____________________ THE ENT
28:3825/07/2016
TES 071 - 4 Ways to Make Money with What You Know
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about the four different ways that you can share what you know to generate income. You are going to learn about the four primary business models and get an introduction about how you can scale and leverage it. Why this is important is because if you don’t get it right, you get tired, have no impact and there is no future with what it is you’ve got to work with. But when we get it right, you will feel a greater flow, you will be valued higher and it leads to better income. So, the things that you need to know are: What fits with you: How you want your life to be in this lifestyle business Create curriculum and process: Package your knowledge properly to be effective Scale vs leverage: How you leverage what you know versus scaling and growing everything together The Practice Spectrum This framework helps you decide on the type of practice that you can do. On one axis there’s ‘process’ and on the other it’s ‘intellectual property access’. 1 to 1: It is the hours for dollars model. You have a specific hourly rate and you swap your time for it. It has a limit to it when it comes to increasing your income as there are limited number of hours in a day. You have to think about moving up from here. 1 to Many: There are different ways you can do one to many like with seminars, speaking sessions, online video/audio. A lot of times it is in speaking sessions where you impact many people with a single content that you deliver. 1 to Few: It’s about giving more access to you. So you limit the number to small groups. It is higher priced as you give more access to your intellectual property, wisdom and knowledge. Many to Many: A higher level situation that you need to build up before trying. You can go many to many by licensing your process. Train other people about your results, procedures and frameworks so they can deliver for you. We will talk about Scaling and Leveraging a Practice in the next episode but to set the lay of the land, there are four primary ways of business models: (1) Time, (2) Product, (3) Hybrid and (4) License based. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses. Mel is a true believer in theentrepreneur
30:2406/07/2016
TES 070 - Get Right Thinking and Right Results with Kim Ades
In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks with personal development & executive coach, expert speaker & author, and supermom of five, Kim Ades on a number of topics including her coaching business and her journey. About Kim Ades Kim Ades, MBA is president and founder of Frame of Mind Coaching and JournalEngine Software. Author, speaker, entrepreneur, coach, and mother of 5, Kim is one of North America’s foremost experts on coaching high-prole executives by teaching them the principles of thought mastery. By using her unique process of coaching through journaling, she works with clients who are intelligent, driven, and ambitious and helps them examine and tweak their thinking in order to yield extraordinary results. What Kim Stands For Kim stands for helping people see themselves in a powerful light through the process of thought mastery. Key Takeaways No matter the industry and position, those people with high degree of emotional resilience are more likely to succeed. When thinking is aligned with goals, action naturally unfolds. We need to shift our thinking before shifting our behavior. The 3 habits that contributed to most of Kim’s success: Journaling Keep getting up (don’t give up) Continuously trying new things Biggest Hurdles That I could actually be the president of my own company – the idea that I didn’t need a sidekick or someone else to make that happen. Looking Into the Future We need to spend our time understanding the relationship between thoughts and outcomes and work towards an increased level of personal control and management. The Nightmare Gift The sale of her last business through a shotgun agreement. Interview Links JournalEngine Frame Of Mind Coaching Frame Of Mind Coaching Blog Dropbox Skype The Resource The Art of Possibility, Ben Zander The Doozy You are way smarter than you think. Focus on your niche market. __________________________ ABOUT MEL ABRAHAM Mel is the founder of BusinessBreakt
46:2008/06/2016