Become a Master, Not a Disaster

by Ash Kumra

This chapter is a free excerpt from Confessions from an Entrepreneur (Volume 1).

Thomas Tadlock: Celebrity Fitness Trainer & CEO of Express Results Boot Camp

First of all, let me begin by saying if you have already decided that you want to be an entrepreneur and are willing to do what it takes to become successful, then this section is for you.

I’m going to tell you a little bit about my story of how I struggled in business and personal finances until I figured out how to become successful. A long time ago I made the decision to quit my job. Over the course of nearly 10 years I built a fitness business that has set me financially free. I know, 10 years sounds like a long time. It is. But what if I told you that once I figured out how to do it right, it only took me 25 months? I’m going to share with you the critical aspects of how I did it.

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Thomas Tadlock: Celebrity Fitness Trainer & CEO of Express Results Boot Camp

First of all, let me begin by saying if you have already decided that you want to be an entrepreneur and are willing to do what it takes to become successful, then this section is for you.

I’m going to tell you a little bit about my story of how I struggled in business and personal finances until I figured out how to become successful. A long time ago I made the decision to quit my job. Over the course of nearly 10 years I built a fitness business that has set me financially free. I know, 10 years sounds like a long time. It is. But what if I told you that once I figured out how to do it right, it only took me 25 months? I’m going to share with you the critical aspects of how I did it.

I also went from losing a fortune in the stock market to becoming a successful, diversified real estate, precious metal, and stock market investor. Like my business, it took me 10 years to lose a fortune investing without knowing what I was doing, but it only took me six months to do it right and make money. I’m also going to share with you the reasons behind how I successfully learned how to manage and invest my money.

Had I had the benefit of my own hindsight 10 years ago, I would have been financially free at 27 years old. Instead, I’m financially free at 35. At least I’m not too old to get it right. I hope you take good notes, because you may be able to benefit from my lessons learned and shortcut your way to financial freedom too.

LESSON LEARNED #1: BECOME A MASTER, NOT A DISASTER

I spent nearly 10 years becoming a master of my core competency, which was fitness training. That helped me achieve some of the fitness industry’s best results with my clients. Despite my best efforts, my business didn’t grow and neither did my bank account.

My business and wealth didn’t begin to take off until I learned how to do a few key things: money management, creating systems, marketing, and investing.

Keep in mind that during those 10 years, I read multiple books on each of those subjects. I also chatted with my clients, who were mostly successful businessmen, receiving advice here and there... But that wasn’t enough.

It wasn’t until I made a deliberate effort to become a master, not just an enthusiast, in each of those areas that my business and investments exploded, liberating myself from having to work anymore.

If I could do it all over again, I would have focused on mastering these key areas from the beginning…

LESSON LEARNED #2: LEARN FROM THE BEST, IGNORE THE REST

10 years of reading books and getting small pieces of advice about business and investing didn’t get me anywhere. I was amazed at how willing people in my social circle were to eagerly give me unsolicited financial and business advice, especially when most of them were not financially free, nor were they wealthy. That’s when I decided that I was going to do something different.

I decided to seek out and learn from the best in business and investing. I figured that if I wanted to be a master at business and investing, then I needed to find and work with the very teachers of business and investing. I went on a quest to find mentors who were not only the best at teaching in those arenas, but who were also making a killing using what they know.

I found those mentors at seminars, but not just any seminars. These are seminars that have an entry price of nearly $3000. Why so pricey? Because the caliber of speakers and trainers were the highest you could get access to. Multiple best-selling authors, famous TV personalities, and coaches of financial icons were the types of mentors teaching at these seminars. I knew I was going to learn things that would change my life forever.

Thus began my education in money management, business systems, marketing, and investing. I learned how to manage my money from a multi-millionaire New York Times best-selling financial author. The information that I learned helped me build a financial structure for my business and personal life that has enabled me to afford anything I’ve wanted, while completely removing the stress and worry of not having enough money for the things that are important to me.

I learned how to systemize my business from the multi-millionaire mentor of the famous Robert Kiyosaki, author of Rich Dad Poor Dad. This teacher who I was learning from was the “Rich Dad” in Kiyosaki’s book. This led to me being able to set-up my business to run on its own, earning me thousands of dollars every month without having to work.

I learned marketing from the marketing coach of Jack Canfield, creator of the “Chicken Soup for the Soul” book series. If there was anyone who could teach me how to be a successful marketer, it’d definitely be the marketing coach of one of the world’s most well-known, prolific, best-selling authors. This helped my fitness boot camp business grow from 30 members to over 1000 in six months, becoming the largest fitness boot camp in Orange County, CA.

I learned how to invest in the stock and foreign exchange from Wall Street trader who ran the most successful hedge fund in the world five years in a row and was inducted into the trader hall of fame. Month after month, my investments grow, doubling every year.

After taking over $10,000 in courses, my business and financial results skyrocketed. In a period of 25 months, learning from these mentors, my business went from making thousands, to tens of thousands of dollars. My investments went from nearly zero to hundreds of thousands, and they continue to grow and earn me more and more money.

If I could do it all over again, I’d seek out the best mentors and learn from them.

LESSON LEARNED #3: PERSONAL MENTORS ACCELERATE RESULTS

As I was taking courses from the best of the best in the four key areas of my success, the volume of information I was learning began to get overwhelming. At the end of each day of each seminar, I would have pages of notes, with what seemed like 100 different actions I had been taught to take. They all seemed important, but getting them all done seemed like a necessary, but impossible, task. I needed help. I needed personal guidance from someone who understood my dilemma.

That’s when I hired a personal business mentor.

Unlike the mentors that I was learning from, my personal business mentor was a multi-millionaire who had already used the principles and information that I was learning to make himself and his business successful. As my personal business mentor, we would connect every single day and he would advise me on what my next best move should be and hold me accountable to it.

He was like a personal trainer for business and success. Metaphorically, he was more like a compass, helping me stay on my path and keeping me from making bad turns.

As a multi-millionaire success story himself, it was easy for him to see where I was and what I needed to do to achieve my goals of becoming financially free. He had already been there and done it. Watching me reminded him of what he went through to succeed, so it was easy for him to guide me.

Holding my feet to the fire, he kept me accountable by making sure that I followed through on my actions and met my deadlines.

I have to admit, it wasn’t easy for me to follow all of his advice. I disagreed with most of the things he was suggesting that I do. But I kept reminding myself of where my level of financial success was versus his. Someone once told me, “sometimes, the biggest barrier to your own success is your better idea.” Despite my own better ideas, I did everything he suggested I do, and I did it his way. Not listening to my own ideas had never worked out so well.

Most people on the right path with the right tools typically become financially free in about 10 years. My personal business mentor was my shortcut, helping me make my journey directly to financial freedom in only 25 months.

If I could do it all over again, I’d hire the best personal business mentor I could, and do everything he told me…

CONCLUSION: APPLY THE LESSONS

It is my firm belief that if you apply these lessons to your life, you will be on the fast track to success in any business. Become a master in money management, business systems, marketing, and investing, because they are the crucial areas for success in any business. I hope my lessons learned can benefit you in your journey to success and mastery as an entrepreneur.

* * * * *

Thomas Tadlock has been recognized as one of the top 5 trainers in the USA, with his first personal training company, Epiphany Fitness Studio, winning the “Best of Award” 5 years in a row. He was MTV’s 2003 Hottest Body, and is currently the Founder and CEO of Express Results Boot Camp, the largest indoor fitness boot camp in Orange County. He has also been sought after and has worked with top personal trainers of celebrities like Britney Spears and professional sports teams like the Los Angeles Angels of Anaheim to name a few. He is an inventor and patent holder, creating the world’s first patented boot camp training system. He is an internationally recognized trainer and educator, and has authored the weight loss programs for the fitness equipment company behind the hit TV show, “The Biggest Loser.”
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