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for herself and others, but when she became an expert and started teaching others

how to do it, she made millions.

Robert G. Allen, the great real estate investor and coach, once said that he

made millions DOING real estate, but he made hundreds of millions

TEACHING it.

That’s how it typically starts. We get excited about a topic and we start

geeking out on it. We learn, we read books, we study examples, we listen to

podcasts, and we consume a lot of information. Then we start using it for

ourselves. At some point, we realize the only way to keep growing isn’t to learn

more, but instead to shift our focus from personal growth to contribution. It’s

only by shifting our focus to helping others that we continue to grow. We coach

others, we create information products, and we start contributing to other

people’s growth. When you do that, you learn more about yourself and the

process as you do it.

Contribution is the key to continued growth.

The first time I truly understood that, I was in high school. I was a state

champion and an all-American wrestler. I read and watched everything I could

about wrestling. My dad and I would study videos and practice moves every day.

Then the summer before my senior year, one of my coaches asked me if I’d

help coach at the wrestling camp. I’d never coached wrestling before, but

thought it would be fun. When I started, I was coaching the younger wrestlers on

moves I was intuitively good at, but that others couldn’t figure out. At first it was

really difficult to break down and explain why the move worked and how they

were supposed to do it. But as I taught the kids, I started to notice why the move

wasn’t working for them. And I’d say, “It’s not working because your arm is

bent the wrong way.” Or “You’re at the wrong angle.” By teaching, I had to

dissect what I was doing and learn WHY it worked.

As I became aware of those details, I was able to better teach them to the

kids. And the awareness I gained from coaching also made me a much better

athlete. Contributing to other people’s success helped me grow more than

focusing on my own success.

The process with most expert businesses is the same. First, we become

passionate about a particular topic. We study, we learn, we implement, but

eventually we can’t grow anymore from study alone. We then shift our focus to

helping others with what we have learned, and that contribution helps them,

which in turn also helps us continue to grow.

EXPERT BUSINESS #2: LEVERAGING INFORMATION PRODUCTS

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