''Yes then we are here again''
''And what you done?''
''Eeeeeh... I've thrown Stoned (Stein) into the water''
''That's right - and what about you?''
''I've thrown Stoned into the water''
''And what about you?''
''I am Stoned''
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Today's topic, You Have to Have a Stake in the Game
Hi, I'm Doug Holt with Author of Your own Story and this is your Daily Growth Hack
where each day we give you a tip, trick, or insight to help you up level well we
call the Five to Thrive that is your mind, your body, your soul, your
relationships and of course your business. Now there's a story about a
fishmonger and he was a very successful fishmonger selling fish only the finest
qualities and his business was really good he started to specialize in one
particular type of fish and this fish became complacent they just stopped
swimming around and overall just got pretty lazy now the quality of his fish
started to drop the flavor profile just wasn't there the fish weren't swimming
around they weren't getting the exercise they needed or absorbing the correct
amount of nutrients and he started to see his customer base dying quickly then
a friend had a suggestion and said geez these fish were lazy why do you put a
predator in the tank really give those fish an extra push they're swimming
around and really being active well he did this he followed his friends advice
and all of a sudden the flavor profile went through the roof once again and his
business soared the fish had something at stake they had to be active the same
could be used for you now I'm not saying anything that you need to put a predator
in there but you need kind of a mental predator sometimes to give you that push
not always but sometimes I'm going to share with you a few ways that I've done
it successfully with clients that I work with now one is a financial investment
right so if you have a goal or a dream that you've had for a year after a year
and you just haven't really achieved it now 2018 is coming up around the corner
many of us have had New Year's resolutions that we had from last year
that we just haven't hit and I get it but sometimes making something sure you
have something at stake or something in the game really helps you give you that
extra push so something I've done with clients one is I have them pick an
organization or a cause that really triggers them something I really don't
like right so for one client for example he really had a problem with the Aryan
Nation right a racist white supremacist group and I understood right and I have
another client was a staunch Republican and hates the Liberals hated Democrats
now my job as a coach is not to judge we talk about these issues of course but I
use these as leverage little bits of leverage to get people to move so for
one client what I had him do is I said hey you know what I need you to write me
a check for $5,000 don't write it to me though what I want you to do is I want
you to write it to the Democratic Party right you're gonna write it and endorse
it to them send me the check and I'm gonna hold on to it and you just looked
at me like I was crazy why why would I give them money that's ridiculous I
absolutely hate them there what's wrong with this country Doug and he went on a
slight rant so once I calmed him out and I explained I said look I'm not gonna
cash this cheque I can't get anything from it I'll tear it up as soon as you
hit your goals as soon as you get progress to where you need to be now
this goal that he had was a six-month goal he thought that yeah it's a stretch
goal but maybe I can get it done in six months so I told him this here's our
here's our agreement I'll have this check and when six months if you haven't
done the desired work to get to the goal I'm mailing it off to the Democratic
Party and right away what do you do he achieved his goal within three months he
hacked his time now you gotta imagine this was a big goal he had and so six
months was a stretch but knowing in the back of his mind that to him what was
wrong with America was gonna get his money and his name is gonna be listed as
a contributor was Eagle below more than the financial blow I did something very
similar there was a smaller amount it was $1,000 I did this for a client who
had a problem with losing weight now what they were doing is they were just
self sabotaging they were going out in the weekends they were drinking they're
having nachos you know they're doing all these things and they said Doug I
desperately just can't figure out how I can lose this way to just don't really
do it now this was the time when in the news I think it was the Aryan
Brotherhood I don't remember the organization but one of these hate
groups it was a white supremacist group was in the news causing trouble and he
expressed to me how much it really bothered him and he happened to be of
another other ethnicity so it really bothered him because it affected his
kids and so when we talking about I said look this is what we're gonna do I want
you to write me a check for $1,000 and address it to the Aryan Nation and that
wasn't the exact route but we actually found an organization on there that
listed all of their contributors online I said I'm gonna mail them a check so if
you don't get to the gym six days and follow your diet six days a week and
hit your fitness goals within a one-year period I'm mailing this check and not
only am I gonna mail this check I'm gonna do something more I'm gonna go to
the website take a screen shot and showing you as a contributor and I'm
posting that on social media is that motivating well I'll tell you what it
was and he hit his goals in less than half the time the idea of contributing
to a hate group that he believed directly would affect and potentially
harm his family and have all his friends see that he contributed was the
motivation he needed he had stake in the game he needed to do it now I know this
might sound aggressive to you and picking something with hate and I know a
lot of people have different issues with that alone but it works you know you got
to pick the right organization so what organization right now in your mind just
really kind of really ruffles your feathers really gets you just pissed off
you know for me it's any organization that abuses kids or picks on people that
can't defend themselves it's easy for me to do any one of those I'm happy to if
if I had any way of contributing to them it would it would hurt my heart and tear
my soul down and so I've used this effectively against myself by mailing
that my check to a friend it's got to be a trusted advisor right somebody that
you actually trust who's not just gonna mail it off to be a jerk
but you can actually hand it to a friend or a co-worker somebody who will hold
you accountable to make sure you hit your goals but also somebody who will
hold you accountable so if you don't hit your goals we'll take action and you
have to know that they're gonna take action and mail that check and it's not
to be mean but they're gonna do that to hold you accountable and when you know
that somebody's gonna do something like that without a beyond a shadow of a
doubt whether it be a coach that you're working with or somebody else in your
life then you're gonna take action you're gonna take dramatic action each
and every day another option is by making a social
declaration and what this could be is before-and-after photos I use this a lot
with weight loss I say take a picture of me right now in your underwear right and
so I ask them to take a picture of it and usually this is somebody that's 40
plus pounds overweight they don't feel good about themselves so this is a hard
thing and again my clients are business owners so they have a lot of pride in
their business but maybe their physical
appearances is slipped a little bit do they want a picture going out of them in
their underwear heck no so here's what we do I have them
send me the picture and again I'm a trusted advisor to them so you gotta be
careful who you're sending this to and I have them hit their goals
now same example I need you to check into the gym X numbers at X number days
a week that send me your food lock I'm gonna look over this if everything looks
good and you follow the plan that picture gets deleted now if it doesn't
I'm posting this on social media I'm tagging you and I'm tagging your friends
now most people know I own two different marketing agencies very easy for me to
get this information out quickly and I'm very very good at it and so I make sure
that they understand this but I also have a relationship with them that they
know that I would never deliberately hurt them and this is really just a
motivating factor so they trust me completely so with this now they have
skin in the game right so now you're having each and every person for me as a
coach they're actually diving deep and going towards their goals because the
motivation there is there now yes this is a little bit of a fear motivator but
this is a motivator gives you skin in the game right you can spin this around
and make it a positive impact too right you do the same thing and say hey look
$5,000 if you don't hit your goal goes to the Democratic Party but if you do
hit your goal what do we get to do in a positive reinforcement and that's the
way that I approach it that's the way you can do it too anyway just want to
give you this quick tip it's got a lot longer than I anticipated but it's about
having skin in the game and you really need to have skin on a date game to push
yourself forward because life happens and at the end of the day you give a
goal or a dream and you wake up in the morning and you're not motivated by it
by any means there's nothing like pushing you or pulling you ideally
you're being pulled towards it but sometimes we need a gentle push and this
could be just the one that works for you so if you need someone to send it to let
me know I'll be happy to be your accountability partner that's it for me
today have a fantastic day remember go over to author of your own story calm
where you get the latest tips tricks and techniques right to your inbox.
and go out and inspire someone simply by being the Author of Your Own Story.
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