Your mindset is creating your situation.
Make a decision that something has to change!
Model rich and successful people to get the same results.
3 major lessons:
If you want to have a better financial situation, you have to get your mindset right. Rich people have rich people mindset, poor people have poor people mindset.
If you want to increase your finances, you have to grow to a person who has routines of a wealthy person.
Focus.
You have to create a habit of managing your money - create different accounts: savings account, long term spending, education, charity, play.
You have to get good at managing money!
Renegotiate your deals.
Pay yourself first!
Mindset is really important!
Our money blueprint comes from our past conditioning.
Book recommendation: “Secrets of the Millionaire Mind” T Harv Eker.
90% of the things we do, we do subconsciously.
If you have bad beliefs about money, it will ruin you.
If you want to find out what your beliefs are - look at your present life.
Whatever you believe, it`s true.
Ask yourself: "Who can I model?"
Model people who are getting the results you want to get.
People often think: “If I get successful, then I´ll have the right mindset.” You actually have to change your mindset first, do the things that rich and successful are doing and then you will get the results.
Your business income streams are separate from your personal income. Put 20% into a separate tax account.
Don`t mix your business incomes with your personal income.
Get yourself a good adviser to save on taxes.
To achieve financial freedom:
Your mindset
Money management
Do research how to become financially free - what are the vehicles. Go to workshops and seminars, read some books.
Decide which vehicle you are going to use to get financially free (stocks, real estate, business, internet)
Stick with it until you have it working! Test different approaches - if one approach doesn`t work, change it!
Give it all the energy you have!
Create multiple streams of passive income. Make your business passive - create systems and processes for it to run smoothly without you being there.
If you can find something that you`re passionate about - it makes it easier.
Do something you're good at.
Start with the end goal in mind.
If you`re rich you can help a lot more people.
Money is an exchange for the value you give. You have to give out a lot of value to get a lot of money.
To become a millionaire, some key points:
You have to develop the habits of that kind of person in advance. Habits and mindset comes first, results later.
Habits of successful people are really important.
If you want to be a top athlete you have to have habits of a top athlete.
Research what rich people are doing.
Habits take a while to create.
Put yourself in a great group of people who are also growing and supporting you.
When you don`t know how to manage your money, you will lose it.
It`s not about how much money you have but how you`re managing the money you have.
Be>Do>Have
To become a millionaire you have to:
-Be conscious of what is in your mind
-Habits (managing money, investing, environment and people you associate with, exercise, meditation, take care of your body and health, good food)
-Study what the rich and successful are doing.
Learn to manage your time. If you are not in control of your time, somebody else will control it.
Managing your time:
Programs synced, calendars synced, put first things first and schedule them in.
Ask yourself: “What is your time worth?”
Spend your time very wisely!
Ask: “Does this fit my mission?”
4 steps to success:
1.Get clarity on your outcome.
2.Once you`re clear, get focused - focus on doing it.
3.Action.
4.Discipline
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