Conscious Millionaire

Welcome Business Owners:

Whether you own a business now or want to start one, here are three secrets for managing your business:

1. Always hire people who are aligned with your values and the vision that you have for the difference your business will make

2. Focus on your customer – this is the most important factor in becoming successful

3. Next, take care of your employees – without them you won’t make your profits.

4. Keep your eye on the finances – create a quick set of #s that you look at every day, these are the ones that tell you the vitality of your business (for example: # of sales closes, # of new contacts, revenue/profit for the day)

5. Establish high expectations and goals for your company, yourself, and your employees – involve your employees in creating these expectations so that they buy in and own them as their responsibility
Here is to Your Success!

J V Crum, III, CEO, Business Coach
Conscious Millionaire Institute, LLC

Posted by J V Crum, III, MBA, Conscious Millionaire Blog at 11:16 AM | Permalink | Comments (0) | TrackBacks (0)

Greetings!

Whenever two or more thoughts, actions, or events come together in a different way, a new possibility is born. Because this is true, there is absolutely no limit to the possible ways in which you can have more success, wealth, happiness, whatever it is YOU desire in life.

If YOU are not getting everything you want, right now, today, there can be only three reasons:

1. YOU are not conscious of who you really are;
2. YOU are not conscious of what you desire in life; or
3. YOU are not conscious of how to best achieve what is possible for you.

When you become conscious of your values, the difference you want to make, what you deeply desire in life, you are able to make better decisions about your life. Then by using the Formula for Total Success, you can learn how to turn your opportunities into results!

Start creating success NOW! Consider attending one of our teleclasses.

To Your Success,

J V Crum, III
CEO / Founder
Conscious Millionaire Institute, LLC

Posted by J V Crum, III, MBA, Conscious Millionaire Blog at 10:10 AM | Permalink | Comments (0) | TrackBacks (0)

One of the least looked at but most important ways for small business owners to make their millions is NOT by building the business - but through selling it during a high growth phase.

I made far more money by cashing in and selling our family's companies than from the year to year running of them. And, it positions you in a cash position to act on new opportunities, ones that leverage you to new financial heights.

Here it is in simple terms. You sell your business for some multiple of your current annual cash flows. If you have considerable land and hard assets, that can add to the equation. In my case, I kept the land, leased it to the buyers, then when it appreciated further, sold it to cash in even bigger.

When you start looking at your business as an asset that you are building not to continue owning, but to sell, you approach your business completely differently. You start to care about what matters in terms of maximizing your selling price. These are your customer lists, the speed with which you are growing your cash flows, the untapped, or only partially tapped opportunities (which you may not be in the position to tap - but which a buyer, with other resources, may be and will give them reasons to pay you even MORE for your business!).

You also can benefit when selling the business by getting more for your companies (because you are conscious that they exist and bargain for part of the savings they buyer will get) for the savings the buyer will have in terms of synergies and leverage due to size. These include purchasing power to buy supplies and services for less than you are having to pay as a smaller business.

To Your Success!

J V Crum, III, MBA
CEO, Conscious Millionaire Institute, LLC

Posted by J V Crum, III, MBA, Conscious Millionaire Blog at 2:40 PM | Permalink | Comments (0) | TrackBacks (0)

Let’s consider more completely just what Abundance is. It is the belief in possibility combined with the action of adding value – to your life, to others, and to the world. The new Conscious Millionaire approach for creating wealth and building lasting financial freedom is about adding value, literally expanding the value that we are adding to the world and others.

Living in Abundance is a choice that you make. It is the direct result of choosing to open yourself to more possibilities and then taking action in ways that creates more value to you – how? by first giving more value to others.

This is what commerce is actually all about – reciprocity and the mutually beneficial exchange of value. You create abundance by developing and selling the products and services that add value to your customer’s lives. When you make a profit using these Conscious Millionaire principles, you are profiting, quite literally by profiting others!

Just take a moment to think about this: when you create an idea that results in a new product or service, or perhaps a new way to market, the idea itself starts a process that creates more wealth in the world.

By becoming a Conscious Millionaire, you aren’t taking something from someone (which would be the scarcity view of financial success), you are adding value to them and at the same time adding value to yourself.

To Your Wealth,

J V Crum, III, MBA
Conscious Millionaire Institute, LLC

Posted by J V Crum, III, MBA, Conscious Millionaire Blog at 10:09 PM | Permalink | Comments (0) | TrackBacks (0)