Xpansion Code Radio

In Loral Langemeier book Wealth Cycle Investing, on page 57, She talks about money rules and taking control. Your money rules are determined by your current situation and financial objectives, and they help you decide what to do.

Here are some other Money Rules to help you
Cash Machine Money Rules:

• How much money will you invest in the business?
• Will you bring in JV partners for capital?
• Will you utilize partners for other reasons?
• If so, how much interest/ownership are you willing to give up?
• Will you borrow money for expansion and/or growth
• Will you borrow money for operations?
• Will you purchase assets in the business name?

Money Rules For Holding Assets:

• What kind of entities will you utilize?
• How will your entities be structured in relation to one another?
• How much equity are you willing to put at risk per entity?
• How many businesses/assets will you hold per entity?
• When will you start a new entity?
• Will you pay taxes per entity or flow income to a “mother ship” or to your personal tax return?

I am inviting you to check out my resources page. It is completely FREE and has a ton information and some downloads. You can find it at resources.xpansioncode.com.

I will be releasing new episodes every Monday, Wednesday and Friday!

If you like this podcast, then check out my newsletter called Xpansion Press. Business content delivered to your inbox. Just click here to sign up.

Creating a Championship Culture GamePlan at Your Workplace

Questions:

i. We’ve heard that culture eats strategy for lunch. Is that true?

ii. What is culture?

iii. Why is culture so important?

iv. Why is it so mis-understood?

v. Companies talk about culture all the time. They talk about it during onboarding, and talk about it at meetings, but most employees still cannot tell you how their building or eroding culture. What do you find that most companies missing when it comes to culture?

vi. So, it seems like the 2 big questions are:  

1. What do we have to understand before we can design a championship culture?
2. What is the properly sequenced process for building culture?

vii. Finally, when it comes to hiring, how does culture help with hiring employees?

viii. Gary, where can people go to find out more about you and what you do?

1. www.GaryChupik.com and Gary Chupik Leadership on Linkedin
2. Offer live and online leadership coaching and strategic planning
3. GamePlan for Life, a game-changing 2 day strategic plan for your life

I am inviting you to check out my resources page. It is completely FREE and has a ton information and some downloads. You can find it at resources.xpansioncode.com.

I will be releasing new episodes every Monday, Wednesday and Friday!

If you like this podcast, then check out my newsletter called Xpansion Press. Business content delivered to your inbox. Just click here to sign up.

In Loral Langemeier book Wealth Cycle Investing, on page 57, She talks about money rules and taking control. Your money rules are determined by your current situation and financial objectives, and they help you decide what to do.

Money Rules for Investing:

• Decide whether you want to be an active or passive investor.
• Are you looking for money now (cash flow) or money later (appreciation)?
• Decide what kind of return you want on your investment annually
• What are you liquidity needs? Do you need to keep cash on hand or readily accessible for your needs?
• What are your tax ramifications? How will your taxes will be created or minimized by your investing? Investments can create huge tax liabilities or create huge tax deductions.
• Finally, what are the risks and rewards associated with your investment? How do you measure these variables? Do you have the tendency is to discount the risk and over-rate the reward?

I am inviting you to check out my resources page. It is completely FREE and has a ton information and some downloads. You can find it at resources.xpansioncode.com.

I will be releasing new episodes every Monday, Wednesday and Friday!

If you like this podcast, then check out my newsletter called Xpansion Press. Business content delivered to your inbox. Just click here to sign up.

In Loral Langemeier book Wealth Cycle Investing, on page 57, She talks about money rules and taking control. Your money rules are determined by your current situation and financial objectives, and they help you decide what to do.

Money Rules for Family Spending:

• Will you combine your money and pay all bills out of the joint account?
• Will you have separate accounts for certain bills or for discretionary spending?
• How will you decide on large purchases?
• How much can you each spend without notifying the other person?
• How will you handle money with your children?
• What is your philosophy on debt?

Money Rules for Family & Money:

• Will you loan family members money? If so, how will you structure the payback terms?
• How will you document it?
• If you loan family money, how will you handle the situation if they are not able to repay it?
• Will you borrow money from family? If so, for what reasons?
• How will you repay it? What if you cannot repay it?

I am inviting you to check out my resources page. It is completely FREE and has a ton information and some downloads. You can find it at resources.xpansioncode.com.

I will be releasing new episodes every Monday, Wednesday and Friday!

If you like this podcast, then check out my newsletter called Xpansion Press. Business content delivered to your inbox. Just click here to sign up.

Steps to Achieve Your Goals

1. Mindset Stage

a. Purpose

• This is the why of the goal
• Purpose – It is the meaning, the reason why something exists.
• With purpose, life, work, relationships, and goals have meaning
• Knowing your why will simplify the decisions you need to make
• Purpose acts as a filter in your decision making
• Purpose does not make the decision easy, but it filters out the complications!

b. Value

• What does the goal mean to you?
• Meaning – the intention, significance, or importance of something
• The value of this goal is personal and play a crucial role in something in your life.
• The value is how important something is in your life.

c. Believe

• Knowing that you can achieve your goal.
• Have confidence in yourself.
• Only share your goal with people that will help you and lift you up.
• Find an accountability partner.

d. Commitment

• Your dedication to attaining the goal.
• Make a decision now to achieving your goal. You don’t want to make that decision daily. You only make it once. Then you just have to focus on follow through.

2. Action Stage

a. Plan or Steps

• Write out the steps that you will need to do in order to accomplish your goal.
• This needs to be a simple process with some details.
• Make sure that your goal is a SMART Goal.
• Add a vision board if it will help in your process.

b. Persistence

• You will have to have continual action in spite of difficulty or opposition.
• Take action on your plan every day.
• You need to make progress daily even if it is small or baby steps.

3. Results Stage

a. Behavior

• Definition – the way in which a person acts in response to a particular situation or belief.
• You have to change someone’s belief in order to change their behavior
• Behaviors are the effect of our believes
• Behavior is the vehicle to get our results

b. Results

• Definition – a consequence, effect or outcome of something
• Results are the end game for goals.
• Fear or anxiety can get in our way of achieving our goal. Go back to mind set and redo the steps
• Results can be sustainable if you change the mind set first and then follow through with action.

I am inviting you to check out my resources page. It is completely FREE and has a ton information and some downloads. You can find it at resources.xpansioncode.com.

I will be releasing new episodes every Monday, Wednesday and Friday!

If you like this podcast, then check out my newsletter called Xpansion Press. Business content delivered to your inbox. Just click here to sign up.

Our beliefs drive our behaviors, and our behaviors drive our results!

1. Believes
   • Definition – to accept something as true, something has value to you!
   • What belief did my employees have?
   • How did I overcome their belief?
   • Belief drives everything!
2. Behaviors
   • Definition – the way in which a person acts in response to a particular situation or belief.
   • You have to change someone’s belief in order to change their behavior
   • Behaviors are the effect of our believes
   • Behavior is the vehicle to get our results
3. Results
   • Definition – a consequence, effect or outcome of something
   • Results are the end game for business owner.
   • Fear is only temporary, changing a person’s belief is for the long haul.
   • Results can be sustainable if you change the belief first and the behaviors will follow.

Remember in the end people tend to get complacent overtime and have to be reminder or even reeducated on why we do the things we do! I normally have to go through this process once a year as just a reminder and to get my people refocused.

 I am inviting you to check out my resources page. It is completely FREE and has a ton information and some downloads. You can find it at resources.xpansioncode.com.

I will be releasing new episodes every Monday, Wednesday and Friday!

If you like this podcast, then check out my newsletter called Xpansion Press. Business content delivered to your inbox. Just click here to sign up.

A vision board is a visual representation of your dreams that you can then set your goal from. It helps you be intentional to take active steps in achieving your goals. It is a vehicle to help you get from dreams to goals. This is not the only way to do it but it is one of the most fun ways.

How to setup a vision board?

1. Define your SMART goals
2. Specific – Does your goal clearly stat what you are trying to achieve.
3. Measurable – How will you know if progress is being made on your goals
4. Attainable – What factors may prevent you from accomplishing your goals
5. Relevant – What values in your life does the goal reflect
6. Time-bound – When will you reach your goal
7. Find your inspiration
8. Map out your board
9. Bring your vision board to life

How to use a vision board?

1. Your daily affirmations

• use your board to reinforce and remind you of your daily affirmations. For example, include quotes, words, phrases or intentions on your board to help you focus your mind throughout the day.

1. Stay focused

• we all have difficult days. However, a vision board can help you stay focused and overcome life’s everyday challenges. Connect with your board daily as you work towards your future vision and goal.

1. Positivity

• your board should make you feel positive, uplifted, motivated and inspired. Similarly, the words and images you have chosen should help to release any feelings of negativity and self-doubt, helping you feel positive.

1. Improve your visualization practice

• our vision determines our goals and in turn our daily actions and intention. From goals, to intentions, to vision, each one contributes to your overall visualization practice. Therefore, your board will to reinforce your visualization technique and improve your practice.

1. Mapping your goals

• your board can help you to make your next goal. Whether you want to run a marathon, buy your dream home or achieve a milestone in your career, having a vision board can ultimately help you to map out the path to your success in your mind.

1. Feel better

• perhaps you feel nervous about a job interview or you’re not sure if you can reach a health goal. Carrying your vision board in your pocket with the EnVision app will help to remind you of where you want to be and what you want to achieve in a moment of self-doubt. In other words, vision boards help us to feel better about the steps we are taking to achieve the life we truly desire.

 I am inviting you to check out my resources page. It is completely FREE and has a ton information and some downloads. You can find it at resources.xpansioncode.com.

I will be releasing new episodes every Monday, Wednesday and Friday!

If you like this podcast, then check out my newsletter called Xpansion Press. Business content delivered to your inbox. Just click here to sign up.

Dreams are something you create in your mind that can take any shape or form, while goals are based on taking action. With goals, a lot of focus and attention is needed. Dreams, on the other hand, don't need that kind of focus. ... But for goals to be achieved, the action you take needs to be specific and consistent.

What is a dream without a goal?

A dream without a goal is a wish. A goal without a plan is just a dream.

Here are 10 Big Differences Between Goals and Dreams:

1. Goals require action.
2. Goals have deadlines or are time-bound.
3. Dreams are FREE!
4. Goals produce results.
5. Dreams are imaginary.
6. Goals have a finish line.
7. Dreams will inspire you.
8. Goals must have laser focus.
9. Goals require lots of hard work.
10. Dreams stretch your imagination.

Dreams can inspire you, but goals can change your life. Sometimes it only takes one step to change a dream into a goal. Yet, it can take years to take that goal to the finish line. Always dream big, but make sure your goals are just as big. Because dreams don’t come true… but goals do.

Which of your dreams do you need to change into a goal?

I am inviting you to check out my resources page. It is completely FREE and has a ton information and some downloads. You can find it at resources.xpansioncode.com.

I will be releasing new episodes every Monday, Wednesday and Friday!

If you like this podcast, then check out my newsletter called Xpansion Press. Business content delivered to your inbox. Just click here to sign up.

I will go over 6 ways to expand you business and create real growth.

1. Add new products and service or rise your prices
2. Sell more products and services to your existing customers
3. Expand into new area
4. Target new customer markets
5. Tap into new sales and delivery channels
6. Acquire another business

I am inviting you to check out my resources page. It is completely FREE and has a ton information and some downloads. You can find it at resources.xpansioncode.com.

I will be releasing new episodes every Monday, Wednesday and Friday!

If you like this podcast, then check out my newsletter called Xpansion Press. Business content delivered to your inbox. Just click here to sign up.

I go into how to create your dream employee and why it is so important. I will talk about a detailed job description, employee traits, marketing to your dream employee. I will show you how  the DISC profile is can help you get the right person for the right job. You can go to my resources web pages at resources.xpansioncode.com and get a direct web link to take the DISC profile and the DISC Hiring Insights. The DISC Hiring Insights profile will let you create you dream employee profile so you can match it to potential new hires. The potential new hires just need to take the DISC profile and see how they match up.

I will be releasing new episodes every Monday, Wednesday and Friday!

If you like this podcast, then check out my newsletter called Xpansion Press. Business content delivered to your inbox. Just click here to sign up.