THE NEWSLETTER | ISSUE 7 | SEPTEMBER 23, 2022

Hi Reader,

Today's edition at a glance:

🧠 Why not choose the good?

🚀 Wealth, Freedom & Happiness!

📚 Book of the Week

🔑 Quote of the Week

🗣️ The Last Word

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👍 Why NOT Choose The Good?

This week the Federal Reserve raised the Federal Funds Rate by .75% (to a range of 3% - 3.25%) for the third straight month in an effort to bring down inflation. Fed officials also set out an aggressive path of rate increases for the remainder of the year.

Raising the federal funds rate, or the overnight lending rate among U.S. Banks, tends to create higher rates on consumer and business loans, which slows the economy by forcing employers to cut back on spending.

As you might expect, dooomsdayers everywhere are out in full force, both online and offline.

A recession is coming!

A great depression is coming!

The world is ending!

The housing market is going to crash!

Putin is going to launch nukes! (ok this one really doesn't have anything to do with the Fed but I thought I would throw it in).

When I hear this kind of stuff, I immediately think about something I've heard Tony Robbins say many times, and specifically when I saw him speak live about a month ago.

This interesting adage seems to hold true both in business and in life. Try it out for yourself. Ask yourself, "what's wrong right now?" and you'll surely come up with many things. Now ask yourself "what's good?" and you'll likely come up with some things as well.

Just like Tony said, they're both available - it just depends on what you're looking for.

Don't get me wrong - I don't believe that we should ignore the bad, or not think about outside forces and events, but we definitely shouldn't focus on them. What good does that really do you? Instead, understand what's happening and then figure out what YOU can do about it.

Another interesting point from Tony's talk was about pattern recognition, pattern utilization and pattern creation.

If you put these two concepts together, what you ultimately get is a beautiful tool and framework for success that looks something like this:

1. What's good?
2. What are the current patterns you're seeing? (in essence, what will this rate increase cause?)
3. How can you utilize the current patterns to win?
4. Given what's currently happening, what patterns can you create to win?
5. What actions are in YOUR control?

Tune out the doomsdayers as they won't help you succeed, in business or in life. Instead, ask yourself these powerful questions and see where that leads you.

If you think I'm just writing this stuff in a newsletter, you would be wrong. I am currently asking myself these very same questions! I'll let you know some of my answers next week but in the meantime, send me what you come up with. Perhaps we can collaborate on something in the future.

Have a great week!

Danny

P.S. If you got value from this email, can you do me a quick favor and share it with someone you know so that we can grow our community?

🚀 Wealth, Freedom & Happiness!

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​XACT-TC - Full service company helping real estate agents, teams and brokerages create leverage and grow their businesses with concierge level, 'done-for-you' transaction coordination services. I started this company with my wife back when I owned several real estate brokerages and we are super thankful to now be helping hundreds of agents, teams and brokerages nationwide with their transaction management. I firmly believe that real estate agents should be spending all of their time on "money making activities," not on paperwork or headaches, especially given current market conditions.

📚 Book of the Week

🔑 Quote of the week

🗣️ The Last Word...

Even if you don't like sports, bear with me and check this out...

This weekend I'm headed to Miami with a group of friends to watch the Buffalo Bills - Miami Dolphins game. I've been a Bills fan since I was in high school and Jim Kelly was running the K-Gun offense. Playing wide receiver at a time when most NFL teams ran the ball more than they threw it, I was instantly drawn to Buffalo's exciting brand of 'air it out' football.

If you're a sports fan, you probably remember the Bills going to four straight Super Bowls from 1991 through 1994 - a record... and losing all four.

It's been almost 20 years since I first began cheering for the Bills, and this year's team is probably the best they've put together since that time. I'm somewhat biased, but I think the Bills would have won it all last year if not for a now infamous 17 second ending in the playoffs, and I think the Bills will win it all this year.

Here's the point of this sports tangent, other than the fact that it lets me talk about sports and the Buffalo Bills: Every year, regardless of outside influences, the economy, world events, politics, or anything else, each one of the 32 NFL teams, and every one of the 1,696 players in the NFL, starts with a singular goal that they have the power to control - to WIN the Super Bowl.

Only 1 team and only 53 players achieve that goal at the end of the season. By definition, everyone else fails. The next year, everyone starts over on their quest for a Championship.

You can apply this to your life with two very powerful questions, and by focusing only on what YOU can control:

What is your singular goal this year?

If you don't succeed, will you get back up and try again?

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