What Business Should you Start? These 3 Are Proven..

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Welcome back to Success with Srini. Happy Monday morning to you start off a new week. And officially a working day, for the month of October, which is, as I was saying, we are 90 days away from literally, the end of the year 2022. Today on the podcast, I am taking up a question that has come in from Raghu, who is a listener of this podcast, and also being I think an attendee of my seminars, too, is not sure maybe I’m confusing that name with somebody else. But definitely, from listening to my radio shows. The question is very interesting. And I think this is something that I think each one of us can relate to. The question is this Srini, I have been in this specific job for over 18 years. And I really do not like working anymore. Not that I don’t like the paycheck. But I’m done. And I don’t have any more energy. I have not been promoted for a long time. And this is my fourth job. And I’m looking forward to retiring. But somewhere in my heart, I want to start a business. Seven years ago, I first thought about doing it. And then I tried a few things that did not work out. I also asked you questions on your radio show. You suggested you get some good ideas. But somehow somewhere. It’s not happening. So I wanted to find out from you. What should I do, given where I am now? This is the gist of the question. I’m not reading it the just, and it’s a long question. My request to you, if you’re sending in questions, please try to be just to see if you can put it in three or four lines so that I can quickly read and get into it. Long stories really do not help, you could really condense it to the point. And that is why I say text me the question. Ideally, I want you to call him on my podcast line, the number is 888-818-0404. All in, leave me a message in your own voice. And I’m going to use your voice as a voice drop on this podcast. And I’m gonna respond to the question. It sounds as if I’m really talking to you, when you listen to your own question in your own voice, followed by my answer. I think it’s going to resonate well. So first of all, I want to thank Raghu, for asking this question.

This is, I think, as I said, each one of us at some point has gone through this where we disliked our situation, we disliked our hierarchies, we were looking, we probably got in thinking for money or for something attracted us. But the longer we stayed, the more we started to seek higher freedom, and better autonomy and those things were not there. And it’s very difficult to create those in a job situation. So, I have gotten this question multiple times from a variety of people in a variety of situations. So, here is my standard answer. The answer has changed over the years because I have been developing my own understanding. So here is what I suggest. Now, there are two things you can do only two things. Actually, I take that back three things. Three things. First and foremost are the things that you already have, you should start a business with the things that you already are doing. So all these years you have all this experience, you have put in years and years and years of hard work commitment, you have given it all you have come a long way. And at this point, if you’re thinking of starting something else, any new start will have its own timeline, fully drawn out. Starting is starting a business or starting anything is easy. But then working through all the nitty gritty. And really bringing in to making a successful is hard, it takes a lot of effort. And as we age and as we grow, you know, there are some faculties of our existence that really become good. And there are faculties in our system that become weak. And energy is a diminishing faculty. If at all you call it a faculty.

So you got to use things that are strong now and will be stronger over the next five or 10 years. Use that to build whatever you want to build. So you have the experience, whatever you’re doing. And I’d really do not know what you’re doing Raghu. But, and for everybody else who’s listening to this, you have years and years of experience doing what you’re doing. So why not take that and do something with it, I’ll give you a different spin on this, I wanted to look at your pay stub, and on your pay stub, the biweekly pay stub, assuming that you’re working in America, and, and all that. So I know who you are in America, but in the Bay Area. But anybody, right, every country, this podcast goes to all over the world. So depending upon whatever the normal pay structure is, and what the pay periods are in your country, look into your pay stub, for the recent pay stub, look into and have a look at that. And somewhere, it should mention your hourly rate. Let’s say your hourly rate is $80 an hour, or 100. To make the math simple $100 an hour, let’s say the company has to make a lot more money on top for them to pay you $100 an hour. So you take $100 an hour, there are some benefits and all add about 25%. So 125 is what the real expenses are, then some payroll taxes that they have to pay on their side. So let’s make it 150 or 145, then they have to make a profit on top of that to keep you in the position. So for the sake of the math and for understanding here, for every $100 they are paying you they’re making an additional 100 $250. If they don’t have a profit of $150, you will be laid off will be fired or your position will be closed down, all those things will happen. So your job, as you look into your pay stub, your job is what can you do to take a major chunk from the $150 an hour that you’re not getting. What it means is if you do the same job somewhere else, you should be paid $250 An hour and you go buy your own insurance, you will buy your own benefits and all that because you are buying you can control the cost. So even though you have not started a business as such, but then you will have some autonomy when you do it. And the specific process of this act of action is called consulting. So you stop becoming or being an employee, and you consult Bill, you make money. And you make a lot more money than what you’re being paid now. And you control your expenses. And now you have a higher income.

Now people every time I’ve given the suggestion, people have said, I’d like permanent jobs, I don’t like temporary jobs, I don’t like hourly rates at all, let me tell you something, every job is temporary. Some jobs give you the illusion of some level of stability, everything is unstable, everything has an expiry date, and everything has an end date. So nothing is stable. You are stable to a point where you are perceived to be stable and the mat is supporting, you’re perceived to be not good, you will be gone, you will be removed, and you are not profitably contributing will be removed. And if somebody else is not profitably contributing, then also you’re gone. It’s weird. So you’re just a line item in the budget doesn’t matter if you’re working on the expense side of the company or on the income side of the company doesn’t matter. So there are so many factors playing for you to play your game, which by the way, is not in your control. You’re playing your game. But the rewards you’re getting are controlled by somebody else. So I suggest that as a part of your first experience of starting and running a business, you go and you capture whatever is left on top of your hourly rate, which is the $150 and this discussion.

The second thing I would do is, I would look into some of the passions that you have within you. Maybe you’re into acting, maybe you’re into art, maybe you’re into poetry or writing, or music or whatever, some passions, you have some, maybe you’re into games, you play football or basketball games, can you take some of these passions and turn them into a business and just work on the passions to see, for example, if you’re really good at basketball, why not start coaching gets and run that as a business. If you’re really good in engineering, and models and all, why not start coaching and training kids with your knowledge, something, now you’re not totally free from it. But then that gives you the experience gives you first line of exposure to starting a business and building a business, which involves a lot of stuff, I, I would highly suggest that, that you start exploring your passions and turning them into business. And I’ve done multiple programs on this in the past. And as I said, there’s a third angle also, which is, go buy a business, you don’t need to start, you don’t have to put in a lot of effort. And the amount of heavy lifting involved is too much. So instead of doing that, going by business, people buy sub this, which is a franchisee. And there are so many franchises available.

Pick one, if you and the work are done for you, all you have to do is just run the place. Not really a true business. But then you will have, you will get the knowledge, the experience the know-how of running a business, which is important if you really want to do bigger things later on. And if that’s not where you want to go, go buy a business, somebody who’s retiring, somebody who is who wants to leave that personal situation is forcing them to do something different, you know, take over a business, buy a business. And these days, I’m a big, big proponent of suggesting people buy existing businesses that have proven revenue streams that you can take on. And with minimal upfront time, you can get in, you can make the owners coach you to train you and get you up to speed so that you can start ramping up very, very quickly and really get a hold on the business. And with your new level of energy and understanding, you can go now start scaling the business. So there it is, you have three things that you can do. Take whatever you already have, you know your experience and turn that into business, or tap into your passions and turn that into a business or go buy a business that’s already existing has revenues, and has some clients and all that stuff. Now, the reason those three are because they are proven to work, and they consistently work. And if you deviate from this, and you go to something else completely, for example, people asked me, should I start an Amazon business? Should I do a drop shipping business, these models have been tried and tested. And I’ve done these myself. And I’ll tell you don’t go into businesses because there is money. Because if you have spotted money in a business, that means others have already spotted money in the business. By the way, all these things work. I’m not saying that non would work. But you need to make sure that whatever you take, you know what you take upon yourself, wherever you invest, you have a reasonable understanding that’s going to work for you. And you want to be assured of some level of success in specific integrals cases here. Somebody who is about to retire, that means, you know, a significant amount of time is gone already. And I do not know this, but I’m speculating that children are grown up, they probably have their own lives and all that.

So the purpose of doing the job and staying in a job and taking on whatever is thrown at you has that’s over. That phase is over. Now the paycheck and the money’s not making any sense because the need has gone away or it’s going away out. All that is so good. Try these three things. These are the three from the top of my head right now. This is what I tell people in every consultation wherever people ask me this question, but that’s all there is to this.

That’s all there is to this. And of course, there are many business models and there aren’t that. I mean, if I sit with you, I can tell you 100 different things you can do. I can study you I can understand you your values, your beliefs, and I can flick off it a business that’s totally it’s going to mimic you and you can mimic Get any as if you aren’t in that groove and completely like one could be done. But these three things are where I would start today if I were in your shoes, and I’m exploring something, that’s exactly what I’ve done with my business also, which is my passion, my desire to focus on my passions. Okay, that’s all for now. You have a wonderful start for Monday and for the start of October, the last 90 days of this year of the year 2022. I wish you all the best and I will catch up with you. As early as tomorrow morning. Stay tuned.

Your Actions Always Tell The Truth

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Welcome back to Success with Srini. Happy Sunday morning to you. I’ll keep today’s podcast to the point, small. Let’s see. Let’s see. Okay, I want to share two things with you today on the podcast, which are the outward behavior we exhibit and the inward perception scary. I’ll tell you why I’m sharing this. Because this is a question that came in, not specifically about a listener of this podcast asking questions about themselves. But it was more a question that was targeted towards me. So the question was Srini, I heard you talk about having mentors and coaches, who you work with people who train and coach, you, mentor you? And I wanted to find out why. Okay, and this gentleman is asking this question is, again, I already answered them, I said, this is not for me to learn something new. Okay. And I’ll tell you why I have this many coaches and mentors, this is nothing to learn new, of course, there is always new learning. But then this is more about some other aspects of me, that I cannot control. And I want a clear and honest, and to-the-point calibration, at any point in time towards the goal that I’m working towards, or the life that I want to live. And that calibration comes only from people who are much more aware and outside of me, and I cannot calibrate myself. Self-improvement is good. Personal Development is good. All that is good. All these learnings are good. You know, there there are many things that we should do ourselves. But then there is a level, if I want to attain that level, I cannot do it myself. I need external intervention. And we’ll talk about that in a second. I’ll tell you why.

Now, the truth is this. The truth is the way we come out. Okay, the way we exhibit ourselves to the outside world, that’s the truth. So if you really want to know who you are, go talk to five or six people who know you. I was just talking to my friend the other day, and he said, Oh, you know, a year ago, we were discussing many different things. And now you don’t even discuss those things with me anymore. You have moved on, you have changed. He’s right. I might have I don’t know that. I think I am. But he says I am not. And I have I cannot question him because he’s outside of me and sees the true behavior. So who am I to question that? That’s the truth. But my invert, you know, by the illusion that which within which I live, is the invert perception I have I have ordered myself with illusion is that yeah, I’m into everything. I talk to you all the time about these things. And he’s like, No, you don’t you used to a year ago, but yeah, moved on. And I took it literally when he said that I did not resist. He said it, I took it in, and I respected his comment. And, I moved on. You see, you can’t fake who you are. It’s very difficult, I’ll tell you it’s, it takes a lot of a lot of resources, a lot of effort, a lot of time, and all that is not worth it. Okay, so the truth comes out the only way to fake truth is to become truthful inside the inner perception of who you are, which is what fixes the outside behavior. Very simple. So you want to fix the outside behavior, fix the inner perception.

The problem is the inner perception is polluted. A lot of people who talk to you who tell you things media is doing your relatives, your friends, your families, your spouse, your partners, they’re all constantly not with any bad intentions. But it is they’re living and you are getting things because they want to live their life that way. And they say things and they take it out from their inside. And when things come out into the outside, you are there and you are receiving them. Simple. Now think about this. Let’s focus on this whole inner perception thing. In perception, all of us, have a perception of who we are. And if we do not have a perception that means our cognition is not working properly. Everybody knows everybody has a perception, right or wrong is a whole different story altogether. But all of us have a perception of who we are and what we do or capabilities or strengths or weaknesses at some level of a substance that but the challenge is most of the time, our inner perception is lopsided. It’s wholly favoring us. Oh, this money I can make it oh, we overestimate ourselves in every aspect of life or we underestimate ourselves. We never have a true estimation of who we are. And these estimations are these understandings of who we are. They came very early on. At a time when we were not equipped to deal with life early on born, literally like 3659 years into life. And our parents, everybody around us telling us things that we otherwise should not be listening to, they were pouring in their values and their beliefs and their understandings, which by the way, are all good, but they’re not good. Every value that had been that was put in into, I can tell you right now, as a student of success, I can tell you, there are six values that I have today, there are many values, but there are about five or six values that are completely crippled me in life. And for a decent discussion, I can really list each of those values and can go through and spend three or four hours explaining how each one of those values has completely crippled me to become or stopped me, or sabotage me.

Otherwise, I could have been a different individual altogether, I have understanding, I’ll tell you why. Because goes back to my earlier point, I have mentors and coaches working on me. If I do anything incorrect on my radio show, say something wrong. I’ll tell you, my coaches, my mentors, they are on my case. Now, these mentors, and coaches have nothing to do with the outcomes of the didn’t, they’re not working on my goals. They’re not making me accountable, they are not my performance coaches, none. These are the people who are there to make sure that my inner perception of who I am, is intact. Now, this friend of mine just said, you know, you don’t talk about these things. The reason why he said that, a year ago, you were saying things in your talk, we were talking about these topics can now the discussion has changed, it has changed because I have successfully shifted my perception of who I am. The more realistic the inner perception is, the more truthful the external behavior is. And that’s how you stay grounded in sync in reality and centered. I get the question, how do you stay centered? This is how you stay since centered, you know the values, you know, know your perceptions, you will know you’re not shifting and drifting and moving. You’re not going sideways, you’re not accelerating, you’re not staying back. You are in the flow. I don’t know I tried different ways to answer this question. But this is why I have so many people who are working on me for my development. And they all cost money.

They all cost time, everything. But I value it. Because if I slack, then 110 100,000 10,000 I don’t know how many listeners listen to this podcast or radio shows or whatever things I do in public, or I compromise all of them. I’m not accountable to them. How can I get on the air? Or come on this podcast and talk about a principle that I don’t practice? Or how do I share a strategy or an idea that I don’t believe in? I see people do that. And the question How come if nothing happens for me, nothing happens for you because you are not happening for yourself? I can repeat that. But just rewind that line for a second and just go back a couple of you know, 30 seconds behind and listen to the client, please. Nothing is happening to you. Because you’re not happening for yourself. Your beliefs and your convictions. Your inner perceptions are not in place. You won’t believe what you do. You won’t believe who you are. And that is why everybody around you doesn’t believe in you. Simple. If somebody thinks that you are not stable, somebody thinks that you’re anxious, somebody thinks you’re angry because you are giving them you are exhibiting that. You think people around you are angry. You are angry. You think people around you are chaotic. You are chaotic. You think people around you are naysayers, negative, selfish, self-centered, you are one that is why they are I’m not saying there are no toxic people there are I’m not taking that out from the discussion. I don’t want you to send a bunch of messages telling me that all you know, I’m not saying the world is a difficult place. I’m with you. I understand that. But think about it even if the statement is true and nine out of 10 times the statement is true everything that you have around you that is not in sync with you and that you choose to feel that he’s not in sync with you because you are not in sync with that?

Simple I think answered the question. Here’s what I want you to do. I want you to go around and ask your loved ones, you know, what is your true behavior. And I want you to find a way, whatever way you can to work on your inner perception of who you are. See that illusion has to be removed. That’s when you’d really, really, really become successful. If you’re measuring success with money, with wealth, which by the way is a meter everybody has a different meter. And I go to places where people say, How many hours do you meditate, their measure of peace is these hours of meditation? Okay, I go to meetings, I meet people that will say how much how many investments you’ve made, how much money you have. I go there, I have friends who I talked to tell me how many books have you read, in the last 72 hours, different measures, impossible to live up to all these measures. But through the attainment of success comes when you really understand and remove this illusion, and understand your perceptions. And totally put forward a behavior that is congruent to who you are insight could do it had promise you your life will change. You don’t need expensive pieces of training, coatings, books, you know all that. All? None. And that is why I sometimes don’t believe my own perceptions. And that’s why my coaches modify those perceptions to keep me accountable and stay aligned and tell them well which way I’m deviating. It’s very important for me, I’m not saying that you should have it, but it’s important to me, for me.

That’s all for now. Have a wonderful Sunday. I’ll catch you early Monday morning, tomorrow. Stay tuned. Bye now.

Two Ground Breaking Tips That Will Accelerate Your Goal Accomplishment.

Happy Saturday morning to you welcome back to Success with Srini. October the first year 2022, unbelievable, unbelievable, a fresh month here starting day one of a fresh month. And we are officially into the last three months and last 90 days of this year, holiday season is going to start just in about 2025 days, depending upon which country you are in. And you know different countries started at different times. But all of them are right around this time in October. So today, I want to share something with you that I was planning to talk about this on the first of January, or towards the end of this year, sometime around the timeframe. Because usually the end of the year is when people start thinking and talking about goals and all that these 90 days are going to be incredible. So let’s say you haven’t yet gotten to your goals, some ideas, you had some thoughts you had at the beginning of this year. And you somehow could not get yourself to a point where you could accomplish them. Maybe there are some that you thought of starting but somehow you did not and you could not whatever. So these 90 days are awesome this next 90 days. And this is the time when you really can accelerate and get back the last nine months. So there is a rule we use called next 90 For the last mine, which is the next 90 days for the last nine months.

I see the first of October as an exciting time personally. And this is the time when I set a goal for myself. That is groundbreaking literally something very new, something very different, unique, never done it before kind of a goal I set for myself, which I know I’m going to be doing anyway, at the beginning of the year, I kind of knew that I will do something on the first of October. But then what it is I do not know or I did not know. But then here I am, first, of October, I’m setting this goal for myself, which is an interesting goal. I can’t tell you a lot about it. But this is something that is very unique. If you’re on you’re a listener of this podcast, at some point, you’ll come to know about it. Or if you’re on my email list, I’ll send an email, which I don’t send a lot of emails lately, because I’m so busy doing so many things. It’s kind of hard to empty some mind space and focus on writing an email, or a bigger report in writing. But I’ve really gotten better at recording and doing this podcast on my radio shows because I do it every day. If you don’t do something every day, then you really cannot do it to a level where you should be doing it. So I want to share with you two things that are going to kind of put your goals on steroids literally make you invincible. I promise you it’s a game changer. If you really think about it. I see people not doing this. This is not something that that I came up with. And yesterday I said this, nothing that I shared here is my invention. Everything is what I learned everything is what I saw everything is what I experienced. And I am a product of too many things. Okay. So two things I learned many, many years ago, I put at least the first one in play. The second one was a later development. But the first one I did put in play. And I had incredible results. But I did the first one, let me share what these two things are so that this doesn’t stay surprise me. Let’s say you have goals. But you somehow you’re not able to bring those goals into action, you’re not able to get yourself to take to put energy behind those goals and work towards them. Maybe you have one goal, forget about many goals one goal because that’s what October is for me. The first of October is where I’m setting goals for myself and working on them for the next 90 days. If you were listening to this podcast, in the last few days, I talked about a concept called Top 10 goals. Right?

And your top 10 Goals should come from the top 100 goals. So you should be having 100 things that you should be working on over the next five 710 1520 years. But then at any point in time, you should be knowing the top 10 That you’re working on and goals are not constant, that pool of 100 goals. They keep on changing. You are adding You’re taking things out. So at any point in time, you should be having at least 10 goals. Now, you shouldn’t be working on all of the 10. But at least the 10 are prioritized, they are there. I talked about this in the last few days. But then there are two things that completely change this entire game. And I want to share that with you because they said, the next 90 days are very important. The first and most important thing which I put into play very, very early on, is having a picture book of goals. You take any goal you have, let’s say you want to run a marathon, you create a picture book, for that one goal, to take photos of different runners, and you put it in the picture book, and your job is to wake up in the morning and look at the picture book. And this book, the concept of the book was there that came many, many years ago. But then ever since there has been so much evolution and technology has come in, things have changed. And now to a point where even the book has changed. You can print a few photos and put them on the wall, you can print a few photos, put them in your bathroom, or you download a bunch of photos and put them on your phone as wallpapers in your album, the photo album on your phone, and your job are to wake up in the morning and look at them. You do that every day. Till you accomplish that goal. Picture books are powerful, that whole concept is incredible. And when you visualize something when you realize the goal and the end outcome in your mind, the brain operates backward. And it doesn’t have to ascend, it will descend from the outcome. It’s amazing what it does to your physiology, to mindset to everything that you plan on doing. It’s crazy, just unbelievable. And I insist that I talk to people, I tell them, you know, the best way, the best way is to have a picture book, do it all my clients, I tell them to do it. The second thing, I did was the picture, but very early on, as I said, the minute I heard this, I started kind of playing with pictures and photos. I have a YouTube video on this. And I’ll be more than happy to send you the link. It’s there on my YouTube channel.

The second thing is an idea book. An idea book is one where every time you get an idea, you write it down. I write all my ideas. This is something I started late in life. But if there is one thing, one modification, one change that I could go back in time and make then this is the one is writing down ideas is very powerful. Because even just one line, one word that crosses your mind, at any point in time you take a note you write it down and then you go back you look at it and some zillion that one line that one word creates the foundation for hundreds of other ideas with time with focus. incredible things happen. One line can be a source of your unlearning that one line could be a source of your learning at multiple levels. Incredible things come out of it. Magical. An idea book gives you energy an idea book gives you possibilities these days. I think an idea book is nothing but a source of longevity. It increases your longevity. So amazing what idea books can do. And just not increase your time. But it also fills your time with meaningful things to do. That’s what an idea book could do. So these two things are game changers and have been game changers for me. And then obviously, when you have these things that are things inside your brain inside your mind that you are now activating as you’re looking at your writing. There are so many things that happen in the way the brain rewires itself on a daily basis and then keeps you moving and keeps you on track towards whatever end outcome that you’re seeking. It’s magical. It’s poetic, as I’m saying this, I’m telling you. It’s crazy how it works, but it creates miracles and you need to be an appreciator of those miracles. You need to put yourself in a mindset that yes if I do these things if I surrender to this idea, this concept of, hey, working on 100 goals, prioritizing top 10. And then coming up for each goal coming up with a picture book and then coming up with an idea book, overall idea book so that the mind stays aligned, you know, juggling 10 things or five things and not see, you’re not only just living your goals or working towards your goals, but you’re also living life. Other things in life also have to happen. And they also demand, you know, equal attention or more.

This is why people just can’t break through the circumstances and get to the top. And people who do are doing these things. I’m telling you, no shortcut to success. Listen, give it a try. Okay, at least today, use this weekend, whatever remains of this weekend, is there Saturday, Sunday, next two days, use these two days to come up with some gold goals. And then put together at least one picture album on your phone. And then write down a few ideas that are crossing your mind and see what life and how your day goes. Or how this weekend goes. And do it for a week and then let me know.

Okay, I want to stop here. Do you have a wonderful weekend go act on these things? If these ideas make sense to you, if not perfectly fine. I’m good. I just want to make sure that you are I can get this out of me and put it on your plate. And wherever you want to take it. You want to consume it. You want to throw it away. I don’t think you should and I don’t think you will. You will. But at least you’ll consume or throw it away. Or if you think somebody else deserves it by all means please pass it on. That’s all for now. Have a wonderful evening morning. Stay tuned, and I’ll talk to you soon. Bye now.