Professional Documents
Culture Documents
Module 1 Guidebook
MPI Module 1:
Developing Your Mindset
Table of Contents
OVERVIEW OF MODULE 1 – DEVELOPING YOUR MINDSET .............................................. 3
Lessons in Module 1..................................................................................................................................... 3
Learning Objectives..................................................................................................................................... 3
Key Terms ..................................................................................................................................................... 3
LESSON 1 – BECOMING A VISIONARY AND LEADING OTHERS....................................... 4
Key Points for Lesson 1............................................................................................................................... 4
Exercise 1: Gain Clarity Regarding Your Business Goals .................................................................... 4
Exercise 2: Gain Clarity Regarding Your Personal Goals.................................................................... 5
LESSON 2 – BECOMING PREEMINENT IN YOUR CHOSEN AREA OF PASSIVE INCOME...... 6
Key Points for Lesson 2............................................................................................................................... 6
Exercise: Describe What a “You Attitude” Means to You ................................................................... 6
LESSON 3 – BELIEVING IN YOUR VISION............................................................................... 7
Key Points for Lesson 3............................................................................................................................... 7
Exercise 1: Describe What You Want to Do for Your Clients ............................................................. 7
Exercise 2: Describe What It Means to Believe in Your Vision ........................................................... 8
LESSON 4 – BECOMING PASSIONATE ABOUT WHAT YOU’RE DOING........................... 9
Key Points for Lesson 4............................................................................................................................... 9
Exercise 1: Identify Your Passions............................................................................................................ 9
Exercise 2: Identify Your Non-Passions ................................................................................................. 10
LESSON 5 – THE TWELVE PILLARS OF STRATEGIC BUSINESS GROWTH ................. 11
Key Points for Lesson 5............................................................................................................................. 11
Exercise: Applying the Twelve Pillars .................................................................................................... 11
LESSON 6 – THE MINDSETS YOU NEED TO DEVELOP ..................................................... 13
Key Points for Lesson 6............................................................................................................................. 13
Exercise: How Can You Incorporate These Mindsets? ....................................................................... 13
HOMEWORK ASSIGNMENTS ............................................................................................15
APPENDIX A – ADVANCED STRATEGY OF PREEMINENCE OVERVIEW ....................... 16
Key Points ................................................................................................................................................... 16
Exercise: How Can You Apply the Advanced Strategy of Preeminence? .......................................... 18
APPENDIX B – TOPICS COVERED IN THE Q&A AUDIO SEGMENT ................................. 19
CAVEATS AND DISCLAIMERS................................................................................................. 20
Learning Objectives
As a result of completing this module, you should be able to:
1. Identify a set of compelling business and personal goals that will inspire and fuel your business endeavors.
2. Explain how passion, trust, a “you attitude,” and the Advanced Strategy of Preeminence all contribute to
becoming highly respected and successful in a business or profession.
3. Develop a vision statement for your own business that you can clearly articulate to others.
4. Identify the activities and tasks that you are most and least passionate about doing.
5. List various ways that you can incorporate the following mindsets into your business activities:
• Opportunistic vs. strategic
• Optimization vs. innovation
• Control vs. ownership
Key Terms
Terms used in this module (use the Glossary tab at the top of the video presentation window to see definitions):
1. Business 3. Entrepreneur
2. Cash flow 4. Passive income
• Your aim in this program is to set a much higher ceiling on what you’re capable of doing, while reducing
any tendency you may have to be fearful.
• You can conservatively try out many different possibilities without becoming so scattered that everything
you do becomes mediocre.
• You need to gain great clarity about your personal and business goals, and apply it to everything you do.
• Your mind is a great collaborator for achieving goals you set, solving problems you feed it, and attaining
opportunities you define for it.
• You must learn to be a visionary for yourself before you can enlist others. Your vision must include
perceiving, conceiving, and believing an expanded reality for yourself and the organizations and entities
whose assets or access you’ll be engaging. You must believe in your vision, or you will self-sabotage.
• This visionary belief is the driving force, and it is fueled by the trust that Stephen M.R. Covey teaches, the
passion that Dr. Stephen Covey teaches, the “most trusted advisor” mindset that the Advanced Strategy of
Preeminence teaches. It’s how you’ll get people to enthusiastically engage with you and allow you to work
with them.
• Realize that people are silently begging to be led, but they want to be led by someone they trust. If you
keep other people’s best interests in mind, visualize for them what realizing those interests will look like
— and manifest that vision in your confidence, passion, and action — people will rally around you.
Directions: After viewing Lesson 1of the video presentation, please return to complete the exercises below.
1. ___________________________________________________________________________________
2. ___________________________________________________________________________________
3. ___________________________________________________________________________________
4. ___________________________________________________________________________________
5. ___________________________________________________________________________________
6. ___________________________________________________________________________________
7. ___________________________________________________________________________________
8. ___________________________________________________________________________________
9. ___________________________________________________________________________________
10. ___________________________________________________________________________________
11. ___________________________________________________________________________________
12. ___________________________________________________________________________________
1. ___________________________________________________________________________________
2. ___________________________________________________________________________________
3. ___________________________________________________________________________________
4. ___________________________________________________________________________________
5. ___________________________________________________________________________________
6. ___________________________________________________________________________________
7. ___________________________________________________________________________________
8. ___________________________________________________________________________________
9. ___________________________________________________________________________________
10. ___________________________________________________________________________________
11. ___________________________________________________________________________________
12. ___________________________________________________________________________________
• One of the keys to preeminence is developing a “you attitude.” This attitude pertains to the individuals
you are communicating with — people in business, or even your loved ones or children. It means viewing
yourself as their greatest advisor, as the provider of the greatest value that they never get on their own.
You should learn to communicate to them that you do have their best interests at heart.
• The 502 Case Studies provide firsthand accounts of how past clients, students, partners, and seminar
attendees successfully applied a few key marketing concepts to their businesses. The case studies explain
how they did it, the mindset they used, the transactional processes they employed, the bottom-line impact
they produced, and the recommendations they would have for anyone else wanting to use these concepts.
• Learning how other people have applied these concepts will help you apply them to many of your own
business situations. Understanding what your contribution is to the world and yourself will come from
studying the Advanced Strategy of Preeminence.
• You’ll learn to set incremental benchmarks for success, and recognize the value you can bring to others.
• You should read the Secret Wealth manual to learn how to hold yourself to a higher standard, and make
your life a more productive, profitable, and paying proposition.
Directions: After viewing Lesson 2 of the video presentation, please return to complete the exercise below.
• What are you trying to do for the organizations, entities, or businesses, or other clients with whom you
want to create deals? It needs to be something meaningful, for example, some kind of social contribution.
• Your vision will gain clarity and expand over time, especially as you read through the 502 Case Studies.
• You need to be clear in how you explain your vision, and there are many ways to do that. For example,
you can share it freeform with someone you trust while recording yourself, and then ask that person to
state what he/she heard. You can also trying writing it down and have someone else read it, and then
afterward ask that person explain what he/she got out of it.
• You will want to develop a measurable and tangible vision statement that you can articulate clearly.
• You also want to develop a process for attracting the resources and people who can embrace your vision
and help you fulfill it. In this way, you can achieve what you want to create for yourself, your clients,
your community, and the world.
Directions: After viewing Lesson 3 of the video presentation, please return to complete the exercise below.
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
• You need to determine the best path for yourself. The more you know yourself, the better you will be able
to find deals that fulfill your passion, progressively raising the level of the “game you play” as you go. In
the chapter from The Passion Test, Jay shares his own views about what passion means to him.
• Most people lack passion because they operate out of economic or psychic necessity.
• You, however, will have many more options as you see the possibilities during this program, which will:
1. Teach you a mindset that will serve you well in the future.
2. Explain the methods, options, and opportunities out there.
3. Help you identify your own highest and best use of your time, talent, contacts, and relationships.
4. Figure out what your own unique, personal set of strategic goals should be, and why.
5. Identify exactly what success will progressively look like to you — it’s not a static process.
6. Quickly build an “action game plan” for yourself that you’ll commit to, reverse engineer (take apart to
figure out how it works), execute, and share with others.
• You should pursue only those things that you’re most excited about. You may have been doing things
that are stressful, unfulfilling, and not maximizing your skill set. You have total control over what you do,
but you need to become very clear about what your best interests are.
• Many people don’t ask whether they should stay in the business they’re in — although they should ask
this question. You have a clean canvas, however, and can do whatever you wish.
Directions: After viewing Lesson 4 of the video presentation, please return to complete the exercise below.
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
4. ____________________________________________________________________________________
5. ____________________________________________________________________________________
6. ____________________________________________________________________________________
7. ____________________________________________________________________________________
8. ____________________________________________________________________________________
9. ____________________________________________________________________________________
10. ____________________________________________________________________________________
11. ____________________________________________________________________________________
12. ____________________________________________________________________________________
13. ____________________________________________________________________________________
14. ____________________________________________________________________________________
15. ____________________________________________________________________________________
16. ____________________________________________________________________________________
17. ____________________________________________________________________________________
18. ____________________________________________________________________________________
19. ____________________________________________________________________________________
20. ____________________________________________________________________________________
21. ____________________________________________________________________________________
22. ____________________________________________________________________________________
23. ____________________________________________________________________________________
24. ____________________________________________________________________________________
• Opportunistic vs. strategic – You can be either opportunistic or strategic when evaluating deal-making
possibilities. With a strategic mindset, you can engineer things that are either sustainable and/or will take
you to higher ground. An opportunistic approach is often lucrative, but usually not sustainable. It might
involve setting up a deal that will result in a one-time windfall, for example, but no further income.
• Innovation vs. optimization – Optimization helps your potential partners realize the full possibility of
what they already have or do. Innovation adds totally new realms of possibility that didn’t exist before,
which multiply their scope of opportunities.
• Control vs. ownership – Ownership involves overhead (e.g., payroll, taxes, managing a staff) and other
concerns that control does not. Having control or access offers many of the benefits of ownership without
most of the expense or burdens of responsibility.
Directions: After viewing Lesson 5 of the video presentation, please return to complete the exercise below.
Homework Assignments
Preliminary readings:
5. Brian Tracy article on maximizing your time, setting and achieving goals, and maximizing your efforts
6. John Dudeck interview on getting the highest and best use of your time, energy, opportunities, and efforts
9. Double-O Matrix
1. Advanced Strategy of Preeminence (read every morning and evening, for 31 days)
One: Establish your relationship with others as their most trusted advisor.
Two: Put into words the gnawing feelings, desires, and frustrations that your prospects have, but are unable
to verbalize.
Three: Tell your prospects and clients the truth as you see it.
Four: Never let them do things that are not in their best interests.
Five: Tell them how you see life, in your own words, without holding back.
Six: Fall in love with your clients, not your business or your product.
Seven: Realize that what makes people buy from you, hire you, and give you raises is how much value you
can give them of the type that they really desire, prize, and want.
Eight: Demonstrate that you offer the only viable solution to a problem they face.
• See their purpose as selling leadership, as opposed to letting their clients do whatever they want.
• View their roles as being leaders and authoritative, consultative forces in their marketplaces.
• Recognize an essential need to telegraph, communicate, and convey to their customers and prospects the
following message: “I feel the way you feel. I understand what your problem is.”
• View their roles as telling clients, “Here’s what you should do about a problem, situation, or opportunity,”
and specifically support that advice with a set of compelling, irrefutable facts.
• Believe they have a moral obligation to get their clients to work with them.
• Don’t wait for money to change hands before they start contributing to their clients’ betterment.
Ask yourself: In your business, in your life, in your critical necessity-based buying, in your indulgence-based
buying, in your vanity buying…don’t you really gravitate towards people who lead you? Towards people who
are empathetically authoritative? Consider the following:
• Successful companies see themselves as representing a refreshing, distinctive alternative to the mundane
and the unfulfilling norm. They don’t take the approach of trying to be mainstream because they believe
that being mainstream is a commodity. Mainstream is indistinctive. Mainstream has little value.
• Successful companies connect all the dots; give clients a plan; help them take the next step; protect them;
and make the next step appear logical, appropriate, obvious, and easy. They see, importantly, their ability
to put into words what people want but cannot articulate clearly, and then build on that for them.
• Successful companies feel hopefully about their clients. They embrace their clients’ situations with hope
and promise, just like my hope and wish for you is that you will get so much more out of everything you
do. You need to provide your clients with the reassurance and the motivation to use your solution.
• Until and unless you understand the higher purpose for your being in this business, you can’t begin to take
advantage of your potential. Your purpose cannot be simply to get rich, because if it is, you will never get
rich. Your purpose must be seeing what you can do and what you’ve done for others.
• Demonstrate to your clients that the logic and emotion of acting is far preferable to inaction — from their
benefit standpoint, not yours.
• If you can’t fall in love with your clients, you’re in the wrong business, you don’t appreciate your business,
or you don’t appreciate your worth. If you appreciate your clients, but your team doesn’t, you’ve got to fall
in love with your team and help them, lovingly but unflinchingly — and almost relentlessly — see how to
fall in love with the clients with you. It’s got to be a combined love affair.
• Most people think, “What do I have to say to get people to buy?” Instead you should say, “What do I have
to give? What benefit do I have to render?” It has nothing to do with sales shenanigans, trickery, or
schemes. My purpose for all of you is to teach you how to become value creators or value generators. The
more value you render for others, the more value you will generate, not for yourself, but for your clients.
The greater the contributions you make to the richness of their lives, the more successful you will become,
and the more bonded you will be to them and they to you.
• Most people think, “I need to know the elements of writing a good ad.” Instead, focus on the elements of
conceptualizing a good proposition, a good offer that’s externally focused and predicated on the value and
the benefit it has to others. If the concept is right, the copy can be terrible and it will still sell. If the
concept is wrong, the greatest copy in the world won’t work.
• If I do my job correctly for clients, they’ll end up arriving at a decision believing that some conclusions are
their own. That is my intended outcome because it’s much more powerful if they own it rather than me.
Directions: After viewing the entire Module 1 video presentation, please complete the exercise below.
1. Kim has a question about why Jay and Spike are offering this particular program.
2. Lisa and Corlette both wonder whether the program is right for them, since the MPI material seems to be
aimed at people in a business. Lisa does not have, and doesn’t want to have, a “business” per se; however,
she does want to generate passive income.
3. Patricia shares her goals and aspirations about participation in the program.
4. Francis is an IT professional and a real estate investor with a heavy combined workload. He wonders how
he can efficiently pursue his passive income business interests without jeopardizing his “day jobs.”
5. Marco asks whether there will be an opportunity within the next 3–6 months to start generating passive
income.