Monthly meeting update
This month the topic was all about speaking from stage. Having recently attended the T Harv Eker's 5 day Train the Trainer event with Blair Singer, I knew that the most important part is the first few minutes of your talk - if that goes well, the rest if easy. So this is what we practiced with graduates in the following format:
1. Ask 2 enrolling questions (to get the audience to put up their hands and agree with you on something)
2 Tell them who you are and the title of the talk
3. Thank them for being there and edify the organisers of the event - this shows humility and what a nice person you are
4. Tell them what they are going to learn and What Is In It For Them (WIIFM) - ensure you add both features AND benefits i.e. they are going to learn this fact and this is the benefit they will get by learning this fact.
5. Earn the Right - tell them your story about how you overcame the odds to become the expert in your field and why they should be listening to you
Well it was quite something - after learning and then practicing the steps for 2 hours, 30 people got up and delivered a talk of 5 mins. It was awesome and I think we will be doing more 'experiential' learning at the meetings for sure. The juice in life can be extracted by 'doing' something, even if it is slightly out of your comfort zone. To me everyone who participated was just amazing.
Stock market update
Something happened which has never happened before. A recent graduate doubled his account in just one month. Wow. Normally this is good for the advanced traders, yet alone a complete beginner using the strategies that are supposed to make 3-6% a month!
How did he do it?
Well he used his noodle - he took the strategies we taught him and then decided to go on a spreadbetting platform and leverage his trades. And he also had one stock that went ballistic on a news announcement. But the fact is that he took action. Well done that man - his father, Andreas then came to our golf day (have I told you about that yet?) and promptly signed up for our advanced course.
Another recent graduate who is really going for it is Ian. He came to the monthly meeting yesterday armed to the teeth with the trades he had been doing and went into his account to show us how he is following the strategies well - despite some early losses, his account is looking healthy, with many more winners than losers. Well done Ian. I bet everyone is looking to buddy up with him now.
Advanced traders update
A few months ago we came across a strategy that had won an international competition. As usual, I sent it to Avi to see if he liked it and this one he loved. So he started trading it with great results. It is based on pivot points, which are several support and resistance points based on the last days trading so they change on a daily basis. We use Metatrader for the charts and pivots - they do it automatically - and then continue trading with our spreadbetting broker. So we were excited about teaching it this weekend.
The advanced traders club is getting stronger and stronger with the continuous effort starting to pay off - we saw some strong statistics from Phil who came down from the North with his trading partner Emma. He showed us that since trading the Oil news announcement announcement since April, he had had only 1 loss in 21 trades. We traded it last Thursday aswell - while driving (not recommended) - and bagged a quick 20 points also. At £10 a point that can get you £200 in less than 20 mins. Exciting stuff.
We are moving to monthly webinars now as graduates are all over the country. That way we can record them and no-one need miss the information. Also, all graduates can now re-attend the course for free. Finally, all new graduates are buddied up with a more experienced trader or Super trader. Finally, a big welcome to all the new Supertrader (Adrian H, Veronica and Toj).
Tax Liens update
I am spending an hour on this a day preparing to purchase my first tax liens. This is where you can pay someone's property taxes for them and they have to pay you 16 - 24% a year ... and if they don't you get their property mortgage-free. I was hoping to have an announcement for you this week, but the people I am dealing with in US are still getting their dates in the diary, so watch this space for an announcement.
Investment Mastery Team Update
You may have noticed a new voice in our office recently - we are very pleased to have Ellis on board who is responsible for the events and admin, taking over from Mandy who is now part time, working on accounts.
This is Ellis's first job since leaving school, and she is very happy to be working with us - can you imagine being in this environment at a young age? What an amazing chance to learn and grow, as well as get immersed in financial education and be surrounded by amazing people.
Talking of which - we are on the look out for a customer services / sales person right now, to run with some projects we are working on. If you are interested, send your cv to Lisa@investment-mastery.com. You'll need excellent telephone manner, great computer skills, be organised and have a can do attitude.
Melania update
What can I say - she is gorgeous and just as well she can't defend herself yet from the onslaught of kisses and cuddles she gets from all of us. She has started flipping over onto her front and then can't flip back - kinda cute but means we have to keep running up the stairs to help her. Thank goodness for video monitors! We can keep an eye on what she is up to from anywhere in the house.
Until next time
Thanks
Marcus
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