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Tag: Time

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Time: Your Friend or Your Foe?

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How long does it take to get to where you want to be?

The answer for most people is ‘Too long!’ In our culture of instant gratification, the likelihood that it can take years to become a millionaire is enough to keep most from ever trying.

The truth is few businesses make money in the first four years. In fact the average business takes two years to lose money, two more years to pay back the money it lost, and three more years to become profitable. In other words, it typically takes seven years for a business to succeed.

For a lot of people that’s way too long, but for most fields of study, work, or career, it takes about seven years to become a master. Seven years seems like a long time, and in some ways it is, but in seven years how much older will you be regardless?

One of the prime rules for success also happens to be one of the hardest to swallow. I choked on it for a while, maybe because it’s so painfully obvious and avoidable: that time is going to pass anyway. Seven years from now, seven years will have gone by. Three years from now three years will have gone by, so whatever you know you’re supposed to be doing anyway, get on with it!

Put your head down, pull out every stop, and pay any price you can to get into the top 10% in your field. Then you’ll remain one of the highest paid people in your field for the rest of your life.

But here’s another important point to remember: the pay-off is not when you get to your goal. If you think that’s the case, you are setting yourself up for some serious disappointment. You only get to a goal once, yes, then what? Then the next, and the next, and then your head is always looking ahead instead of where you’re at right now.

The pay-off is every step of along the way. Every step you take toward becoming better, you feel yourself improving. It raises your self esteem. It releases endorphins in your brain which make you happy. Every step you take toward the goal makes you happy and gives you energy. It’s people who are not moving in the direction of becoming better who are negative, unhappy, miserable complainers.

We constantly have to work on ourselves. Your life only gets better when you get better, and there’s no limit to how much better you can become. Conversely, it’s your weakest skill that is holding you back. Your weakest key skill in your field sets the height of your income.

Time is on your side, and it’s not. Time, in reality, doesn’t really care what you do or don’t do. It’s going to keep moving (or not “moving,” depending on how Zen you want to get here!) regardless of whether or not you get up and stop wasting it, or stop pushing things off, or stop making excuses. Time can be your friend or ally, but never your enemy. The real enemy is usually within.

What one skill—if you developed a mastery of it—would help you the most to increase your income? What would help you the most in terms of learning a skill within your career or business right now?

https://bit.ly/ClickAndBeFree

Money is Not the Answer

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That’s got to sound ironic coming from someone who believes whole-heartedly in the benefits of being rich. Forget about getting out of debt, paying bills, buying nice things, etc. That stuff’s great, but at the end of it all you’re not going to give a damn about your credit rating. Money’s the last thing on your mind in that moment, I would imagine.

Money can reduce the stress of living, but it can bring just as much if not more anxiety. I’ve gone through my cycles of accumulating and losing money, getting more and losing it again. The money wasn’t burning a hole in my pocket. I just had a big hole in my pocket and didn’t bother to sew it up. That hole represented something in my mental blueprint that kept me from being stable with money. There was nothing wrong with the money.

On the other hand, people without money often think if they just had enough to do this or that, then things would be better. While that may be true, what happens when the mind goes into ‘Only if …’ consistently? That’s exactly what you get … ‘only if.’

‘This will only happen if…’

All of a sudden nothing’s happening and you don’t even know or remember that rule you created. In business that thinking often translates into “It takes money to make money.” No! If you have money it can certainly grow more money, but it doesn’t take money to make money. It takes creativity to make money.

Throwing money at a problem is disaster! In business there’s no such thing as a money problem. That problem grew out of somewhere else. You want to fix the root of the problem. If you throw money at a business problem, you’ll have the same business problem for the rest of your life and no money. Creativity and knowledge are the answers, not money.

It’s also not logical to blame money for people’s shortcomings, or the world’s for that matter. Obviously there are people that are rich and greedy, but there are poor people who are greedy and there are middle class people who are greedy. There are rich, poor, and middle-class people who are generous. There are rich, poor and average income people who can be both generous and greedy, depending on the stress they’re going through at any given time.

To say rich people are greedy as a blanket statement is just as unfair as saying poor people are lazy. I’ve met many a hard-working poor person who just hadn’t yet turned the corner on working smarter instead of just harder.

Money can’t be the root of all evil. Envy, jealousy, and greed—all based on fear of not having or getting enough of something we want—pre-dated currency (think about the story of Cain and Able). It’s a part of what it means for us to be human.

If money isn’t the cause of all that’s wrong, it’s not going to be the cure either. It’s not the answer. It’s the fruit of our expansion—or lack thereof—beyond ourselves and of the impact we’re having on the world. What we choose to do with that is a result of who we choose to be, not because of money.

Split the Difference

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With so much turmoil going on in the world today, sometimes it can seem too selfish to think about personal riches while so many struggle for basics. This is a feeling I experienced periodically throughout my life—that flip-flop between getting rich as an unqualified goal and wanting to get rid of it all and retreat to a temple or something, or otherwise reject the idea of staying rich.

I’ve made it and lost it. I went from being rich to ‘money is not the most important thing in life’ and ‘why would you put that much focus on it?’ Honestly, I used to think this was a curse. It’s like I had this split personality where one side was about being an entrepreneur and focusing on finances. But I had this other part of me that just wanted to be at the monastery, meditate and eat in silence.

It took me years to figure out that neither extreme was really me. Sometimes it takes success to understand success in itself is not enough. I had to win and lose, tune out and turn on in order to learn that when you reach your first big goal, joyousness, gratitude, and satisfaction don’t just automatically jump on for the ride.

There has to be an intention for these intangibles, and that means knowing what makes you joyous, grateful and satisfied—where money has nothing to do with it. The money only takes it to a whole other level. So discovering these things about yourself certainly does require asking yourself quality questions—or in my world, that and some soul searching.

There’s an eloquent balance between wealth and spirituality that I can now fully embrace, as should we all. For the spiritual-minded in a world of such disparity, consider yourself blessed to have an interest in that and in financial success. Be the fortunate one to put the two together and help other people know that they can be rich and spiritual too. You can be rich and a good person with intentions that consider others.

If spirituality doesn’t ring true for you, throw that out the window anyways. Both riches at any costs and “money doesn’t matter” are two extremes that simply don’t work. They didn’t work for me, and I can’t think of anyone I know who can survive either over the long haul. Intend to split the difference. Balance is beautiful.

Now I look at my duality as a blessing, thanking my stars for the successes and failures, those swings from hermit to world conqueror. You can have your goals, and when you achieve them acknowledge yourself and be thrilled, but there better be something else bringing you joy in your life, or you can end up psyching yourself out of success.

Bank riches without inner riches is a bank account waiting to see itself dwindle, because you’ll look for other ways to use that money to fill a hole that it can never fill—even if that means consciously or unconsciously getting rid of it.

Do you have any stories of having a bunch only to lose it willfully? What was it that finally made you realize the money wasn’t enough, and what did you do to get that sense of real satisfaction? What was the particular lesson you can share with the rest of the Millionaire Mind community? We want to hear from you!

Get the Ball Rolling

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Take action

I believe we are spiritual beings living physical lives, and to make the most of this life we have to take care of, nurture, and more importantly listen to the clues that spirit gives us, mostly through gut intuition and feelings we have.

At some point, though, we have to honor the physical side of our lives as well, and that means taking action. To hell if conditions aren’t perfect, or if this circumstance isn’t quite ideal or that person isn’t following through the way they said they would. We’ve got to take all these spiritual principles and put them into action.

That’s exactly where a lot of people get stuck, even those with greater awareness and knowledge. You know you want to work out, need to get into better shape for the sake of generating more energy to work your mission. But what step is often the hardest to take? That first one.

Depending how long you had been in your last cycle, getting the ball rolling can feel like pushing a boulder uphill, metaphorically speaking. You need to build the next muscle and final spiritual muscle that separates the successful from those still waiting at the gate: momentum.

Momentum is that force that makes it easier for someone who’s successful to do what’s right than to do what’s wrong. Momentum is that process of getting that snowball moving. The hardest part about working out is getting to the gym.  Once you get there, it’s not that hard to do.

When you’re in motion, that’s when things begin to line up, not before (that goes for you perfectionist!). When in doubt, act. What did everyone else tell you? When in doubt, stop and think about it. No! That’s why I say thinking is dangerous to your wealth!

Most people who I know that got rich didn’t think too much. They saw a piece of property: ‘This looks good. Anything structurally wrong? Environmentally? No? Good, I’ll buy it.’ Twenty years later they’re very rich. They really planned that one out, huh?

Just as an aside, if you’re really “smart,” chances are you’re not going to be really rich. You’re going to get in your way, a real momentum killer. Those who aren’t too “smart” are open to knowing (A) They don’t know everything the need to know to be rich (B) Will learn how to be rich, even if it temporarily hurt’s their pride to know exactly how far off they were to begin with.

A body in motion will remain in motion and a body at rest will remain at rest. What do we want to do? Get into motion! Once you’re there, it gets easier. We already know that. Now we gotta just do it.

What in your life do you just need to get started and adjust as you go? What have you been waiting for? What’s the fear? Is that true or did you just make it up?

You will make it. Trust yourself. Love yourself and know that you make it all up. It’s your freaking story!

Now we want to hear from you! What are some positive momentum-changers that have worked for you?


https://bit.ly/NewMMI

The Four Nicest Words

Posted on by 34

Jumping Over a Challenge to Achieve Success

When you’re my age and you bring up entertainers who have been doing their thing for decades, you run the risk of dating yourself. But I think it’s safe to say even younger people are familiar with the late comedian George Carlin. He and a Pacifica radio station single-handedly changed Federal Communication Commission policies by letting us know what the seven filthiest words are in the English language.

There is no beating the comic genius of Carlin, but I can take a different track and offer some of the best words we can use to communicate powerfully and effectively, especially when you’re trying to influence someone positively.

These are things that we sort of already know intuitively: when engaging in conversation with friends or strangers alike, you want them to feel like you know where they’re coming from, even if you disagree with them. You want them to feel understood.

Hence, two of the four best words we can use when communicating: I understand.

If you can get into the habit of responding to every communication with the first two words being ‘I understand,’ generally you will disarm 80% of any negative or resistant energy right there and then. Even if you don’t understand, you say, “Can you clarify that for me just a little bit more?” It’s all about listening, yes? Make them feel heard and understood. Once you’re past that stage, work on the convincing part next.

What else have we instinctively learned about what to say? Well, what don’t you want to say after you’ve repeated back what the other person said yet you don’t agree with it? The dreaded ‘but.’ What usually happens when you say, “Yeah, I see what you’re saying, but …” You know. The other person gets that impatient or irritated look, like you just negated everything they were talking about even though you almost had them convinced that you knew where they were coming from.

The answer is as simple as replacing ‘but’ with ‘and.’ “Yeah, I hear what you’re saying, and here’s something else I was thinking about in addition to that.” It’s as easy as that.

Now what’s that last ‘nice’ word? It’s something that helps us identify with others while still also distinguishing our point of view, without making the other person feel like they’re being distinguished away from you. So instead of saying, “You have a ways to go,” you say ‘we.’

“You know, sometimes we as people have a tendency to make snap judgments even though we don’t have all the facts just yet.” That’s a nice way of telling someone they’re being short-sighted or pig-headed without making them feel bad about it. That’s a great tool in leadership or for anyone who displays openness to being educated.

The beauty of this exercise is that you don’t have to take mine or anyone’s word for it. Experiment with these four words consciously for the next week or so. Notice any differences in how people in your life react to you? Are you able to bring your perspective to others more effectively, or outright convince other people toward your point of view? Can’t wait to hear how it goes for you!

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