Building Your Money Machine

TES 036 - Self Leadership Trumps Self Development


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In this episode #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham shares the importance of self-leadership and how it relates to entrepreneurship and your success. Before we start with personal development, we need to start with our "self" first. We have to be aware of the things that we are doing.

Funnel of Self Leadership

The funnel of self leadership allows you to shift your life and the things that you are doing. You create a path that moves you from being accidental to intentional.

There are 6 stages:

  1. Awareness: Everything begins with awareness. We cannot shift things if we are not aware. So, the first stage is being self-aware about what you know, don't know and where you want to go. When we consciously work on self-awareness, we not only become aware of our surroundings but we also start focusing on building our ability.
  2. Ability: When you become aware, you now have the ability to start building core skills, knowledge and tactics to elevate the things that you are doing. You have to look for gaps in skillsets and strengths to nurture, cultivate and develop those skills.
  3. Application: Next, we have to start taking action and actually make things happen. The action is not taken to get end results directly. It is to get feedback which allows us to take better steps until the final result is achieved. So, without allowing procrastination disguised as perfection to stop us, we need to take action.
  4. Accountability: You need to take responsibility for all the actions and outcomes. There is no benefit in pointing figures at others. By taking accountability, you will learn and grow.
  5. Acceptance: You must accept the fact that nothing will go as planned. All the great plans and strategies we create never work out in their original form. So, allow yourself to be flexible in the process. Never wallow in pity. Instead accept the facts, make changes based on the information and keep taking action.
  6. Assertiveness: The final stage where no matter the obstacles, you need to stay true and committed to your purpose and mission. Never give up and find ways to move around. Take concerted actions and execute until you figure out the core functions of the business.

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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/

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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 strategies. Mel is one of our time's most sought after mentors and speakers tha

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Building Your Money MachineBy Mel H Abraham, CPA, CVA, ASA

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