Success Isn’t An Event

Success isn’t an event, it’s a process.

We have become conditioned to view success as some singular event that transforms ordinary individuals into self-made millionaires.

The reality is that success is mostly incremental, not a one-off thing.

When you peel the onion down to its inside core, success is really the accumulation of knowledge or the perfection of some skill. It is the result of daily growth and consistent efforts that move you closer to achieving your goals and dreams. The more dreams and goals you realize, the closer you get to success.

The fact is, you become that successful person everyone wants to be, long before the money hits the bank account.

So, how do you create incremental success? It’s actually a simple process.

Knowedge-Based Occupations

Each month focus on learning one new thing. Ideally, this new thing should be something related to:

• Your main job
• A side job
• Your side business
• A future side business
• Goals or a dream you are pursuing

Here’s the “Success Process”:

1. Every day for a month spend at least 30 minutes reading about a new topic or subject (alternatively, you can listen to podcasts or watch videos on the topic).
2. Write down important facts on a sheet of paper. I call this my Fact Sheet. I recommend creating a Fact Binder, broken down by topic, in which you will put all of your Fact Sheets.
3. Summarize the most important facts, facts you desire to keep in permanent memory, on a “Summary Fact Sheet” for each month of the year. Ex: “January Fact Summary”, “February Fact Summary”, etc.
4. At the start of every new month, review your current month’s “Summary Fact Sheet”, fifteen minutes every day, for the entire month.
5. At the end of the month, put that month’s Summary Fact Sheet in the front of your  “Fact Binder”.
6. Repeat this process each month focusing on a different subject, topic or new facts.
7. At the beginning of the new year, review all of your prior year’s Summary Fact Sheets.
8. Repeat this process every new year.

After one year you will have learned a significant number of new facts. You will have grown in your knowledge. This new knowledge will help you add value to those you serve.

Through this process,eEvery year you will grow and become more valuable to those you serve and they will be willing to pay you a premium in order to do business with you. The number of clients or customers will grow incrementally, along with your knowledge.

If you stick to this process, eventually you will have a large number of customers/clients, more money in your bank account, and a knowledge-base that no one can take away from you.

Skill-Based Occupations

Daily repetition in developing a skill is the hallmark of many skill-based self-made millionaires.There are two types of practice that lead to success:

Deliberate Practice

69% of the rich in my Rich habits study practiced some specific skill for two or more hours every day. Deliberate practice requires conscious practice as opposed to unconscious practice. Conscious practice is practice in which you study everything you do that goes into the skill you have. It’s about studying the intricate details that enable you to become a virtuoso at what you do.

Analytical Practice

Deliberate Practice will make you good at what you do. Analytical practice, however, takes you from good to virtuoso.

Analytical practice requires feedback. When you engage in Analytical Practice, you practice certain specific elements of your particular skill every day and seek feedback from another expert with similar advanced skills. This feedback often comes from either a coach or mentor, who is equally expert or more expert than you are at what you do.

Success is a process. It’s not an event.

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