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Intellectual Property (IP) is the central resource for creating instant wealth for you today. In fact, in a difficult economy it is imperative that you know how to create value and that you know how to translate your value into IP. And IP Data Mining is the means to helping you gain an objective standard regarding how to properly identify and value your intellectual property.

But first, the science of data mining is based on having tools to analyze relationships that have not been discovered before. This is a field that businesses pay huge sums of money to know how clients behave i.e. make purchasing decisions.

Intellectual Property Data Mining or (IP Data Mining) is critical for your success as an entrepreneur, speaker, coach and/or author, especially if you are interested in owning your niche category. (In fact, if this is not your dream you might as well stop playing at business and quit now as Zipf’s Law will ensure your failure.)
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What if you had the same ability to make the same predictions that large corporations pay experts to mine their data to help them forecast specific buying patterns of their ideal clients?

Now I am going to help you do this for yourself without spending huge sums of money so that you can make confident predictions not only about how your ideal clients buy, but more importantly, how to properly identify and value your true worth so that you can create and sell the most expensive programs in your niche.

IP Data Mining begins with this Speed To Market Business coaching principle: “You look within for value; you look without for perspective.”

IP Data Mining always begins with an analysis of you. Remember you are your IP in the Recommendation Age.

The following is a critical IP Data Mining exercise I want you to perform–and one that I use with my business coaching clients–to help you begin to understand the value that you bring to a market place.

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IP Data Mining—Five Exercises To Get You Started

1. List your top 5 to 7 values. This sounds simple enough, but there is something more important than just listing your values. I want your to focus on why you deem certain values more important than others? In other words, focus on analyzing why you chose certain values as most important ones.

2. To help you order your top 5 to 7 values, provide a couple of examples of behaviors that you exercise on a regular basis that support these values.

As well, I want you list the negative experiences that you have gone thru that tie directly to each of these values.

3. Here is one of the quickest ways that I know of you to properly analyze yourself. Make a list of all your key behaviors you act upon each day or during any given week. Group these into two broad categories: ‘Have To’ vs. ‘Want To’.

4. The ‘Want To’ list is the key list as this inventory contains critical behaviors that reflect your passions.

NOTE: Focus on ‘Want To’ and identify the ‘Want To’s’ into potential business ideas and your ‘Whys’. The ‘Whys’ will provide you the pulling power to get through the tough times.

Now you might be wondering, why do these exercises? Remember, IP Data Mining is focused totally on making predictions based on behaviors—an examination of your behaviors. The key is to understand how to correlate these facts with what you have learned through the ‘School Of Hard Knocks’. And this leads to the final IP Data Mining exercise.

5. Your IP is vested in tying your passion—the ‘Want To’ Category from #3—with what you have experienced and learned as you have sat in the toughest of classes—and your attendance was mandatory!—The School Of Hard Knocks.

The following exercise is critical when it comes to analyzing your IP: What are the three most negative experiences that you have gone through? List them and analyze them as to how they have impacted your value system from #1 exercise.

Critical Points That You Must Understand From this IP Data Mining Exercise:

Your IP Data Mining begins with an analysis of the value that you bring to the market place from relationships that you have not examined before or did not know existed. This system is based on the following ‘Speed To Market’ Principle: “He/She who self reflects the greatest controls market places today.”

In the next blog post I will share with you three of my most difficult experiences and show you how to identify and value your IP using the most powerful letter I have ever written in my life.

Finally, most lawyers and CPAs will tell you that your worth, unlike real estate for example that has current market conditions to show you what you property is worth today, is ultimately vested in what your target market is willing to pay for it. To me that is too subjective.

I will share with you a process that our company has created to bring objectivity to the equation as I move into the Part II of IP Data Mining focused on how to qualify and quantify the experiences you have gleaned through the School Of Hard Knocks.

To Creating And Selling The Most Expensive Programs In Your Niche!

Glenn :-)

P.S.

Check Out This Optical Illusion As I Ride The Longest Escalator In The World–Wait Until You See This!

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