How To Make The Leap From A Job To A Business - Part Two

Having a vision is hard enough, but where most plans go off track is we scramble after every possible target. To keep our focus we have to have a hatchet person. But what is the role of the hatchet person? In Part 2 of this episode, we take a deeper look at focus.

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Part 3: The Hatchet Person (And Why It Helps Focus)

When you’re making a leap into the unknown, fear is the biggest factor.
Fear of making enough.
Fear of justifying the decision you’ve just made.
Fear of not knowing enough—of wanting to learn more.
It makes you eager to press every “buy now” button online, just so that fear can go away.
But fear is only one part of the leap. The other is focus.

And focus to me, is less about persistence and more about “getting rid of the distractions”

Which takes me to my first mentor Dough Hitchcock—also my first hatchet person

I didn’t know much about marketing, and at the time, Jay Abraham was easily one of the most well-respected marketers on the planet. There were other marketers, no doubt, but Jay seemed to be more eager to teach; to give.

Among those hundreds of books I borrowed from the library, there was one by Jay Abraham. That led to me getting on his list, and buying a book—a big, thick, blue book—that cost $300. We knew so little that the first thirty pages of that book took us months to implement. But now we were well and truly on Jay Abraham’s list. I wanted everything he put out, so imagine the day I got this long sales letter (and yes, sales letters came in the mail back in 2003).

He was having a seminar and to get a seat I needed to pay $5000

I should have been horrified. I lived in New Zealand. I was paying off this huge mortgage. $5000 in US dollars was approximately $11,000 NZ dollars back then. Plus there would be airfares, accommodation, transport and food costs involved. Yet I was happy to go and I excitedly told Doug Hitchcock about it.

You know what happened next, right?

Doug brought down his hatchet. He forbade me (as kindly as he could) from embarking on such a silly adventure. “What are you going to learn that’s worth $10k-15k?” he said. In effect he wasn’t stopping me from learning or buying into products, but he was certainly helping me focus. And being a hatchet person is not just restricted to money—which is the biggest struggle at the start—but also to other aspects.

Most entrepreneurs tend to be restless

They want to do it all. And I wanted to learn everything, do everything and promise everything. And that’s where my wife, Renuka, took over where Doug left off. To this day, I’m the one who conjures up dozens of possible products, workshops etc. and she gently cancels it off the list.

t doesn’t mean we don’t push ourselves. We take the weekends off, take our breaks and our vacations, but when we’re at work we still put in a decently long day. I am so happy for those who say they spend just 15 minutes in the office, but I know that to create great work you have to labour over it and make it better all the time. And yet, this restless nature you need to have a hatchet person.

Someone in your networking group could help

Maybe a friend who you could meet. It could be a coach, but it doesn’t need to be a coach. In 5000bc itself we have a taking action forum and people post their three goals (yes, only three) and they work through it bit by bit. You’ll find that if you ask for help, you’ll get it, but expecting to figure out everything yourself is the hardest task of all.

Your hatchet person has to have a single role

To get you to cut the stuff that you don’t need, so you can focus on what you have to do. And trying to find a mentor like Doug, is a laudable task, but it’s often not necessary. Clients often mention that it would be wonderful to have a “Renuka” around, but when they say that, they’re missing the point.

The point is that you live in a world where you may not have Doug or Renuka

And that you still have to make the leap and keep the forward movement. You can’t hope and wish. You have to find someone who’s good at getting you to stick to the three things you need to do. Once you get that momentum, you can add more, as long as you’re only ever working on three things at any given time. And should we forget, it’s the job of that hatchet person to bring us back on track. Focus is about elimination—that’s it.

Most people are too scared to make the leap and rightly so

I was afraid to go through putting El Capitan—the new operating software—on my computer. And guess what? There was this nervous wait and then it turned out to be almost fine. One of my programs wouldn’t work but it could be easily replaced. And that’s what you’re going to find as well.

Despite this leap into the crazy world of entrepreneurship, you’ll find that some “programs” may not work. But you’ll manage and then start to prosper. Most of all, you’ll never want to go back to a job ever again.

However, let’s see what we’ve learned because these three points are important.

Summary:

1) The leap into the unknown is always scary

If it’s any consolation, I made it extremely hard for myself. I moved countries, changed into a career where I had almost no experience and then added the burden of a mortgage on top it all. You may find that you don’t want to do something so crazy. And so you give yourself a deadline and put away some money so you can last six months to a year.

Or fate may step in and throw you in the deep end like it did with Paul Wolfe—and with me when I was made redundant. However, one thing is clear. The fear is greater when you’re waiting than when you’re in the thick of things. When you’re in the thick of the action, you have to start executing and changing strategy to keep above water.

Start with consulting but then also do a bit of training and leverage. Please don’t buy into this idea that you can simply buy a program and you will have endless clients and income. And if you make the mistake of buying into it, it’s a lesson well learned. Move on and go out there in the real world and meet clients. The internet is fine too, but it’s not the only source of work.

2) Your vision will be pretty clear at the start and then greed may set in

You can’t help it. You read how some guy is making millions and you want to do the same. Or you may start to work endlessly and the things you set out to do, like spend time with the family, or just have some downtime—all that will get lost in the pressure to get your work done. This battle with work never stops and you have pull out your vision from the rubble and put it up on the wall yet again.

Keep the vision simple. My personal vision is The Three Month Vacation. My work vision is to care, guide and protect my clients. I may go off the road when life brings on its challenges, but the simplicity of the vision brings me right back to where I need to be.

3) Finally get a hatchet person

All this talk about focus seems more about keeping your head on the task. But how can you do that if you keep scampering off in every direction? This is where a hatchet person comes into play. You don’t need a fancy coach. You don’t have to find the perfect mentor.

All you need to do is find a friend in your networking group (someone you can meet once a week) or someone in an online group (like 5000bc). And that’s all you really need. You want to focus on three things and the job of the hatchet person is to ask awkward questions, and to cut down that scampering.

In India I grew up listening to a fable: called the Monkey’s Curse

To catch a monkey, a trapper would put lots of warm, fragrant rice in an earthen pot. The mouth of the pot was small enough for the monkey to slip an open palm, but the moment he clutched the rice, he couldn’t free himself. To be free he needed to let go. But the monkey was desperate for the rice and stayed long enough for the trapper to throw a net. And then the monkey was trapped for life.

We had to battle the Monkey’s Curse many times. We wanted to hold onto what was safe, what we knew. It was no fun stepping into the unknown. I can’t speak for you, but I know that if I could go back in time, I would still be afraid.

Then, I’d jump.

Next Step:

1) Have a look at The Brain Audit to start your journey:

http://www.psychotactics.com/products/the-brain-audit-32-marketing-strategy-and-structure/

2) Join us at 5000bc and make the leap from a job to starting your own business.

http://www.5000bc.com/