Josh Monen

Sharing my journey through life.

Month: November 2016 (page 1 of 5)

Do You Have To Start with a Minimum Wage Job?

Yesterday my sister-in-law told me about how her teacher is making the class read a book titled, Nickel and Dimed: On (Not) Getting By in America by Barbara Ehrenreich.

I haven’t read the book but it sounds like the bottom line is that it’s almost impossible to live off minimum wage.

She told me how it was discouraging reading it because she’s 17 and feels like she doesn’t have many skills or any experience, so a minimum wage job is her only option.

I thought to myself, ’This is a perfect example of what’s wrong with our schools. They spend all this time indoctrinating kids into believing certain worldviews but almost no time teaching kids practical lessons that will help them in the real world.’

So I just said, “If I were you I would ignore minimum wage.”

“Ignore it?” she asked.

“Yeah, ignore it. Don’t even consider it. Because if you think that it’s normal to start with a minimum wage job then that’s what you’ll look for.”

I explained there’s a lot of options out there to make money that don’t require getting a minimum wage job. I shared some ideas, including buying and selling on eBay (something I did when I was 14 years old to make enough money to buy my first computer).

I also sent her a copy of 48 Business Ideas by Dan Miller.

If you’re younger and reading this then I encourage you to ignore minimum wage too. Instead of focusing on how that’s not enough to live on focus on finding creative ways to add value to others so you can make more than $10/hour.

What Did You Fail At Today?

What would your life be like if you were no longer afraid to fail?

What would do? Where would you go? Who would you be?

This came up today as I was talking to one of my partners on the phone. She told me about how she was raised by a father who made her feel like what she did was never good enough.

And since she was already a perfectionist this compounded her fear of failure and of not measuring up. This led her to develop some serious self-destructive habits.

This got me thinking about the fear of failure and how to get free from it. And more importantly, how do I raise my kids so they’re not bound by perfectionism and the fear of failure?

When I asked my partner about this she suggested a great idea. She said:

“Write down one thing you failed at each day. And then celebrate it.”

I thought that was brilliant! What if instead of cowering in fear at the thought of failure we embraced it?

Now, I don’t know anyone who “likes” to fail. We all prefer success. To score the winning shot. To succeed in business and life.

But many of us only choose to play the games in life we feel we can win. And we miss out on so many experiences and opportunities because of the fear of failure.

So my challenge to you today is to do something you will probably fail at. Knowing you’ll likely fail can remove the pressure. You’ve got nothing to lose!

Once we realize failure won’t kill us I believe we’ll be even more empowered to face the uncertainties of life.

Dan Sullivan’s 25-Year Daily Habit

I’m re-reading, The 25-Year Framework by Dan Sullivan. It’s a short little 71-page book I love.

I plan to share my notes from it soon but today I want to focus on something that jumped out to me.

When Dan was 34 years old he went bankrupt and got divorced on the same day. He decided to treat the situation as if he were starting all over again fresh and thought to himself:

“What if you gave yourself 25 years to transform your life?”

He was 34 at the time so that would take him to 2003 when he would be 59.

Instead of putting together a big list of goals he was going to accomplish he decided to focus on a particular activity that he believed would turn everything around.

“For the next 25 years I will write down what I want.”

Here’s the reason why Dan chose to do this:

“What I wrote down wasn’t as important as the actual activity of writing down what I wanted and doing it consistently for 25 years.

I had the feeling that the constant activity of specifying what I wanted in my life was going to create an entirely new life in the opposite direction of the divorce and bankruptcy. It would involve a transformation in both my personal life and my business life.”

Dan kept this practice up every day from 1978 to 2003 (except for 12 days he missed). And his prediction proved to be true. His life was radically transformed. He’s been happily married for over 30 years and he has built the #1 coaching program in the world for successful entrepreneurs called Strategic Coach.

But what really stood out to me as I read Dan’s story is this next part:

“Over 9,000 days, over 10,000 specifications. I followed through on this practice filling journal after journal. I’ve never gone back and read anything I wrote down. It was just the activity of doing it that was important.

That was a big “aha!” moment when I read that. It wasn’t a big list of goals that transformed his life. It was selecting a keystone habit and consistently doing it.

I don’t have the guts to commit to something for 25 years yet. But I have recently committed to the act of publishing a blog post daily for 10 years. And so when I hear those negative voices tell me that’s a stupid thing to do I can now counter that thought by remembering Dan’s story.

And what about you? Is there some daily activity you can commit to for 5, 10 or 25 years that you believe would transform your life? Take some time to meditate on this and choose the thing that excites you the most!

Then email 10 or 25 years from today and let me know how it worked out. 🙂

4 Ways You Can Change Your Life

One of my mentors once told me there are only four ways you can change your life.

You can either:

1. Start something.
2. Quit something.
3. Do more of something.
4. Do less of something.

If you think about it, that pretty much sums it up.

Let’s say you want to get in better shape. You can:

1. Start working out.
2. Quit sugar.
3. Eat more greens.
4. Watch less TV.

If you want to make more money freelancing you can:

1. Start prospecting.
2. Quit wasting time on social media.
3. Nurture your clients more.
4. Spend less time checking email.

Or maybe you want more peace in your life. If so you can:

1. Start meditating.
2. Quit reading the news.
3. Pray more.
4. Worry less.

I think you get the point. Think of an area of your life you want to change and then ask yourself those four simple questions:

1. What can I start?
2. What can I quit?
3. What can I do more of?
4. What can I do less of?

There’s no need to complicate this part. The “doing” part of this is hard enough.

The Power of Consistency: Lessons from a Successful Vlogger

I met a successful vlogger (aka video blogger), named Andrew Kearns two days ago at Thanksgiving dinner.

I learned Andrew has over 37,000 YouTube subscribers and about 400,000 Instagram followers.

He told me he makes good money from the ads he runs before his videos. Plus, his daily vlog has opened up many opportunities for his freelance photography business.

I peppered Andrew with questions because I’m fascinated by this type of work. I asked if he chose a niche audience for his videos and he said, “No, I just record my life and I don’t worry about who is going to watch it.”

I asked questions about his video editing process, if he uses SnapChat or Facebook Live (yes to SnapChat, no to Facebook) and many other technical questions.

But then my father-in-law, who has no idea how most of this stuff works, asked the best question.

“What do you attribute your success to?”

Duh, I should have asked that,’ I thought.

Without skipping a beat Andrew immediately said, “Consistency.”

He explained how it’s a ton of work and that he knows he can’t rest on his past accomplishments. He told us about his friends who made a bunch of money last year doing stuff like this but then got lazy, stopped producing content and now they’re running out of money and jobs.

I was reminded how important consistency truly is with anything in life. Whether it’s with work, relationships, exercise, sports, money… anything that you want to succeed at requires consistency.

But if you’re a typical entrepreneur you probably love “starting” things but struggle with staying consistent. I understand. I’m the same way. I’ll start a new project, like a hyperlocal media website or a new online course, only to abandon it after the newness wears off.

And it’s not always bad to quit. Sometimes the thing you’re working on was just not a good idea and you really should take it behind the woodshed and shoot it.

But I fear I’ve shot things that should still be alive!

I sometimes wonder… what would have happened if I continued to post at least one new article a week on the hyperlocal website I started?

What would have happened if I did one thing each week to promote that new course I launched instead of moving on to the next thing?

What would have happened if I started publishing a blog post daily 10 years ago?

And what about you?

Do you suspect that inconsistency has sabotaged some of your projects and goals?

If it has then what are you going to do about it?

What will you do to be more consistent?

For me it’s publishing daily for 10 years straight. It’s a big scary goal I know. But that’s why I believe it’ll work.

Every time I talk about it I hear a little whisper in my ear that says, “You can’t do that. You know you’ll fail. It’s such a stupid goal anyway…”

And that motivates me even more!

What about you?

Is there something you want to commit to but when you think about it you hear a voice say you can’t do it?

Maybe that’s the thing to commit to then. Just an idea.

If you have something you want to commit to then feel free to leave a comment below and let us know what it is.

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