Dan Pena’s QLA Model gives out 7 steps to super success that you can take to create quantum wealth for yourself. I have summarized all the seven steps with great precision. This is the SEVENTH & FINAL STEP of a series of steps I have shared on CREATEQUANTUMWEALTH.COM [my website]. Subscribe to the newsletter of my website for all the notes of all the 7 steps to super success, and for more wealth creation tips.
STEP SEVEN: Creating your exit strategy
PETER PRINCIPLE: THE MAXIMUM THAT YOU CAN DO.
AFTER YOU TAKE YOUR COMPANY PUBLIC, YOU WILL BE THROWN OUT OF YOUR COMPANY. THAT’S SOMETHING THAT HAS TO HAPPEN. THAT’S WHY A LOT OF GUYS DON’T GO PUBLIC.
ONCE YOU REACH YOUR PETER PRINCIPLE, YOU’LL BE THROWN OUT. SO THERE IS A DARK SIDE TO THE EQUITY FINANCING. ONCE YOU ACCEPT THAT YOU’D RATHER BE A LARGE PART OF A 100 MILLION DOLLAR COMPANY THAN TO BE THE ONLY PART OF A 5 TO 10 MILLION DOLLAR COMPANY, IT’S EASY TO DEAL WITH IT.
MANAGING GROWTH AND PREPARING FOR DIVERSIFICATIONS – BIG DREAMS, BIG PROBLEMS, BIG REWARDS
CLOSING THE DEAL: IF YOU’RE NOT READY TO DIE, THEN YOU’RE NOT READY TO LIVE. IF YOU’RE NOT READY TO DO EVERYTHING HUMANLY POSSIBLE SHORT OF DYING, THEN THE CHANCES OF DEAL COMING TO FRUITION ARE DIMINISHED GREATLY. YOU WANT TO SIMULATE SUCCESS.
- ACT SUCCESSFUL
- HAND AROUND WITH THE BIG DOGS
- PEE IN THE TALL GRASS
THAT’S HOW YOU PICK UP THE TRAITS OF THE HIGH-PERFORMANCE SUPER SUCCESSFUL PEOPLE.
- IF YOU’RE IN YOUR 40s, SELL YOUR BUSINESS IN THE NEXT UPCYCLE.
- DO THE ENDS JUSTIFY THE MEANS? ABSOLUTELY YES, THEY DO, AS LONG AS IT IS LEGAL, MORAL & ETHICAL.
- USE HORSE BLINDERS FOR LASER BEAM FOCUS
- THE MOST IMPORTANT BUSINESS DECISION YOU MAKE SINCE STARTING IS GETTING OUT.
QUICK SUMMARY:
- YOU HAVE A DREAM
- PUT A DREAM TEAM TOGETHER [HUMAN RESOURCES – BOARD/MENTOR]
- PERCEPTION EQUALS REALITY [ACT MORE SUCCESSFUL. YOU HAVE ONLY ONE TIME TO MAKE AN IMPRESSION.]
- TAKE ACTION NOW
- DEVELOP YOUR QUANTUM LEAP ACTION PLAN [USE THE FORM – MAKE A MARGINAL SHIFT]
- 11 STEPS FROM IDEA TO EXECUTION [IT DOESN’T MATTER IF YOU’RE AN INTROVERT]
- YOU CAN’T DO IT ALONE
- DON’T FIND TIME. JUST DO IT.
- EAT, SLEEP, BREATHE YOUR DREAM FOR EVERYDAY OF YOUR LIFE FROM NOW TILL THEY PUT DIRT ON YOU [LIKE DAN’S DREAM OF CASTLE BETWEEN APRIL 1983 TO AUGUST 1984]
- IN YOUR MIND, HAVE THE PERCEPTION OF WHAT YOU WANT TO BE, AND THEN PEOPLE’S PERCEPTION OF YOU WILL FOLLOW.
THE PEOPLE WE CALL GIFTED ARE DIFFERENT FROM THE CROWD IN ONE SPECIAL WAY. THEY ACCEPTED THEIR GIFTS. THEY LET IT HAPPEN. THE HIGH-ACHIEVERS, THE PERSONS YOU ADMIRE, ARE THOSE INDIVIDUALS WHO OPENED THEIR GIFTS. THESE WINNERS HAVE MORE GIFTS BECAUSE THEY CLAIMED THEM, TOOK THEM OUT OF THE WRAPPINGS AND USED THEM.
THE FUTURE IS YOURS. APPROACH IT WITH HONESTY AND AMBITIOUSLY WITH A WILL TO FIGHT THE RIGHTS OF MANKIND. ALWAYS BALANCE THE RIGHTS OF MAN WITH THE RIGHTS OF SOCIETY. HAVE FAITH IN YOURSELF [SELF-ESTEEM] AND FAITH IN PEOPLE [GIVE THEM THE OPPORTUNITY, ALLOW THEM TO MAKE MISTAKES, HELP THEM GROW] FOR IF YOU TRUST NO ONE, YOU CANNOT TRUST YOURSELF.