In his essay today, Harvey Mackay, business success expert and bestselling author (Swim With the Sharks and Beware the Naked Man Who Offers You His Shirt), reveals why your business’s success depends on what’s on your mind.

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What Separates the Most Successful People From Everybody Else? – It’s time management. They jealously guard their time. They know every minute they spend in a long-winded meeting… is a minute when they’re not working toward their most important goals. Find out what else makes up this Success Mindset here.

In this issue, we are very pleased to introduce Harvey Mackay, bestselling author and business success expert, to all you Early to Risers out there. We expect Harvey, who you probably know from his books, Swim With the Sharks Without Being Eaten Alive and Beware the Naked Man Who Offers You His Shirt, among others, to become a regular contributor.

In his essay today, Harvey reveals why he never “gambles” in business.

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Learn to Manage Risk Like the Pros – You can’t take the risk out of investing – it’s just part of the game. But you can take away the fear that leads to so many bad decisions – and lost profits. The Liberty Street League can take that fear out of the equation and help your investments soar. Read more…

Luck seems to have a peculiar attachment to work. I’m sure that you have heard the Dave Thomas quote: “It seems the harder I work, the luckier I get.”

I would tend to agree with that statement, but I think there are a few other conditions that affect your “luck” — things like instinct, timing, market conditions, and public opinion, to name a few. I know plenty of folks that have worked their heads and hearts off, but for some reason or another, they just aren’t successful in what they accomplish.

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Some success coaches suggest giving yourself big rewards for big accomplishments. You might, for example, re­ward yourself with a sports car when you make your first million dollars. But rewards like that never motivated me, because the payoff was too far in the future. What motivates me are smaller rewards for short-term goals. And I have a feeling that would be better for you, too.

Over the years, I’ve developed a reward system that works very well for me. Here it is:

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When we do strategic planning for corporations, the first thing we think about is how to increase the company’s rate of return on the equity it has invested in the business. This is done by allocating more resources to areas with higher potential, and taking resources away from those with lower potential. By developing or promoting newer and better products and services, and discontinuing those that are less profitable, the company can channel its efforts in a way that maximizes its returns.

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Bob Cox is the creator of Early to Rise’s Epiphany Alliance program, and a success coach for thousands of ETR readers. He’s a self-made millionaire, in-demand business consultant, co-founder of the original home shopping channel, and he personally mentored four men who went on to become billionaires.

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