How to 10X your business and life

Date: February 4, 2015

Name: How to 10X your business and life

Presenter: Darren Jacklin

Vancouver Entrepreneurs Group is a community that links Vancouver entrepreneurs, who have similar financial mindset, together. Dan Lok, the Founder of Vancouver Entrepreneurs Group, is honored to invite Darren Jacklin to share his knowledge about professional business and life growth. Darren Jacklin is the World-Class Professional speaker and an Angel Investor. With over 19 years of business experience, he manages to mentor many strong entrepreneurs and business owners with effective strategies. He is featured on many financial media, such as The Wall Street Journal and Global TV. Moreover, this presentation will inspire and motivate entrepreneurs to avoid distractions for the year 2015 and expand their business wealth.

Darren Jacklin shares his life was at rock bottom at the age of 22. One day, he went Dale Carnegie training that changed his life forever. The event changed his mindset, improved confidence, and surpassed his shame of his past. Jacklin believes the insecurity and “not good enough” is the driver towards his ultimate life goal. He met his first successful business mentor, who only has grade three education, and inspired his advice of “Live out of interest of interest”. Over the life of his life, Jacklin always spend time with specular wealthy entrepreneurs when there is a chance.

Jacklin encourages entrepreneurs to travel. It will change their mindset of life and create the habit of being proactive. Jacklin also encourages entrepreneurs to have their own gratitude jar. When entrepreneurs complete a challenge, they can insert into the jar. At the end of the year, entrepreneurs can review them and celebrate their success.

“How to measure your life success is progress”

Jacklin suggests entrepreneurs to have a journal and write for 20 minutes a day. The journal will give entrepreneurs the opportunity to reflect themselves.

Daily Method of Operation

The first thing Jacklin will do every morning is to focus on the attitude of gratitude. The second thing Jacklin will do is to read 10 pages of motivation books per day. Jacklin believes entrepreneurs do not pay by their time; instead, they will get paid by their results. Therefore, entrepreneurs drive for execution. Many entrepreneurs will send their kids to private school to teach their kids to network. The third thing Jacklin will do is to spend one hour to understand how to raise capital. Moreover, it is important for Entrepreneurs to know how to allocate their time.

“Successful entrepreneurs do not watch news, they make news”

Jacklin believes there are two primary income strategies entrepreneurs need to develop. The first strategy is to leverage. When entrepreneurs realize others pay their portion of meals or activities, they need to figure out the cost and transfer the amount of cost to TFSA account. This is a way for entrepreneurs to save money without any risk. The saving will cumulate over time, and entrepreneurs can use the fund for future investment. The second strategy is to get goals. A majority of people will set goals 2 times a year, and 95% of people will never achieve their goals. Jacklin suggests entrepreneurs to write their goals once at morning and once at night. This will change their mindset, focus on their proactive activities, and align their career direction. Entrepreneurs should have a top 20 goals list. By consistently write day after day, entrepreneurs will change their behaviors.

Entrepreneurs should declare one hour a day to study something they do not know about different industry. By committing one subject a day, the result will be compound. Jacklin wants entrepreneurs to trust the process that will change their lives forever.

Jacklin shares 96% of people in network events do not follow up after their encounters. Successful entrepreneurs will have the determination to follow up and bring people together. Successful entrepreneurs will do whatever it takes to get attention from the noises.

Entrepreneurs will push themselves to another level and create a “must meet list”. The list contains the names of successful entrepreneurs that they want to meet. Moreover, Jacklin believes people are only 3 degrees apart from other people. Entrepreneurs should start asking others for requests. During the requesting, Jacklin believes 3 things will happen: accept, decline or counter. Aside from limitation from authority, people generally will accept the requests.

Jacklin introduces the TAPO system that helps entrepreneurs to plan their success step by step.

Jacklin believes when entrepreneurs attract new problem they could not solve, they have to go out of their current groups to search for solution. This shows improvement from entrepreneurs. Successful people spend money to save time and unsuccessful people waste their time to save money. Entrepreneurs should realize time is their greatest asset of life. Moreover, entrepreneurs need to spend time to do activities that they can learn from or they can get them excited.

“Success is a series of well managed failures”

Friends and families will call entrepreneurs crazy, lucky or crock; however, they should understand who they can impact. Entrepreneurs need to believe they can make a difference to others’ lives and delicate a cause that is bigger than them.

Sometimes parents intend to send the message “you are not good enough” to their entrepreneurs instead of “you could do better” Jacklin suggests to ask “how do you get paid to do that?” to change their mindset.

How to grow business?

Jacklin believes entrepreneurs should have an idea. This idea can be either “hug” or “slug” by many people. Entrepreneurs need to have the ability to have uncomfortable conversation with others. Therefore, self-aware is the key and entrepreneurs need to run the race where no one is around because there can be time where they will be alone. Entrepreneurs should spend time to understand what others want and how to empower their lives by solving their problems. Entrepreneurs should ask themselves what they fail and what they learn from the experience. Moreover, they need to learn the behind the scene from successful people.

Jacklin indicates it is important for entrepreneurs to change their work environment once a while.

Jacklin recommends all entrepreneurs to ask 2 questions to successful entrepreneurs.

• How do you know when you are different?
• When do you know when you are different?

Entrepreneurs have the fear of asking for more. However, they do not know what other people are thinking. Jacklin believes sometimes others have more faith then entrepreneurs themselves. Jacklin suggests entrepreneurs to write out 200 reasons why they are good enough. This will help them improve their confidence.

Entrepreneurs should start doing things that will impact their future. The best way is to learn to take action and there is always a solution when entrepreneurs are fully committed.

“Success is something you attract into your life to someone you want to become”