subject: How To Take Bold Steps To Financial Freedom Using secrets Of The Millionaire Mind [print this page] In December 2005, I was fortunate to be able to attend a life-changing 3 day seminar in New Jersey, USA called Millionaire Mind Intensive. Two months earlier Id read T Harv Ekers bestselling book Secrets Of The Millionaire Mind and realized that Ekers approach provided the clearest route to financial freedom Id ever found. Today, I came across my notes from the seminar and want to share a few real gems with all coaches, trainers and therapists who are committed to taking bold steps to financial freedom.
1.Your comfort zone is in direct proportion to your income zone the more you increase your comfort zone, the more you increase your income. Make a decision to achieve a challenging goal and dont leave the scene of the decision without taking at least one small step towards the realisation of your goal.
2.Because your subconscious minds main job is protection and security, itd rather keep you where you are. When you say to yourself I know that, the mind shuts off. If you live it, you know it and this is the only way you know something for sure. Another key point I picked up is that its not what we dont know that keeps us from succeeding, but what we know that just isnt so. There is always stuff that we need to unlearn when taking significant steps to financial freedom. A standard education and much of your upbringing probably taught you security; but security wont take you to financial freedom in any sort of sensible timescale.
3.How you do anything is how you do everything. This reminds me of something my dear Mum drummed into me at a very early age Do what you do well Boy. Its vital to expect higher standards and more of yourself than anyone else has the right to expect.
4.When playing the money game, the reason most people dont succeed is because they dont know what they want. Clarity leads to power and the ability to do or act. The essence of winning the money game is to have choice. Achieving financial freedom is simply a choice and within reach of every coach, therapist or trainer who is currently trading their limited and valuable time for money. Whats your definition of financial freedom? One is that you are financially free once passive income is greater than monthly expenses, so calculate what that number is and hold it as your intention. Another definition is the ability to live the lifestyle you desire without having to work or rely on anyone else for money.
5.Ensure that you have both investment income and passive business income working for you. By establishing multiple streams of passive income, youll take far bigger steps to financial freedom as a coach, therapist or trainer. Having created financial freedom, then move onto creating wealth and abundance.
6.Put the financial freedom formula into practice with these 5 critical factors:
a.Working income
b.Savings
c.Investments
d.Passive income
e.SIMPLIFY YOUR LIFE (this is often the easiest and best place to start)
by: andrew bridgewater
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