Archive for finance
Financial Success: The Poverty Complex
Posted by: | CommentsThere’s more than enough money to go around. The “Poverty Complex” is a term used to describe the feeling that there’s not enough money out there for you to earn, or that other people don’t have enough money to pay for your service or product. It’s called a “complex” for a reason… because it’s not true.
The fact is that there is enough money floating around in our economy (yes, even in our current economy) for everyone to have their share of the money available. The difference between those that continue to make money right now versus those that do not is simply their attitude about what’s available.
When I was first starting out in business, I went to every seminar that I could find. And seeing as how I opened in the fall, I was extremely interested in determining how to spend my marketing dollars in the winter months in order to meet my overhead. Unfortunately, the consensus from all of the “Gurus” in my field was that you should NOT advertise in the winter. The reason being that a small business like mine could not compete with all of the larger companies when it came to Christmas-time advertising.
So, as instructed, I pulled all of my marketing through the winter. And as you might expect, my business declined as I had a decrease in the number of new people coming to my clinic.
By the end of my first year, I began realize that if I were going to be successful, then I needed to have a continual stream of customers throughout the year. This included the winter months. So, I decided to try something different during the following winter months. Instead of pulling all of my advertising, I actually increased my marketing efforts in the Christmas-time months. And, as you might have expected, my business increased in new customers and profits.
You see, everyone else in my field was all drinking the same Kool-aid. Everyone else listened to the gurus and removed their advertisements in the winter months as they advised. When I decided that I was going to continue to attempt to grow my business throughout every single month in the year, including the winter months, I was faced with absolutely NO advertising competition in my field. My thought process changed to focusing on the potential gains rather than the potential problems.
The same holds true when it comes to your finances. The moment that you realize that money is always available to anyone that is willing to earn it, you will begin to have more of it. If you listen to the media telling you that there are no jobs, no money and no hope, that’s exactly what you will get.
But when you realize that there are hundreds of thousands of people that are still making money hand-over-fist in this, and every other economy, you too can share in the action. Stop listening to the downers and start living the life that you want. Don’t ever let a poverty “complex” keep you from reaching your financial goals.
You were put here for a purpose, you are greater than you realize and your future will be filled with unlimited opportunities when you decide to become unstoppable.
Be Unstoppable!
Mike
Mike Mason, author of Unstoppable Success, is the Founder of Unstoppable Business Consulting, The Elite Training Center and the Clinic Director of The Chiropractic Care Center. He is considered one of the nation’s premier experts on business and motivation and lectures on success to sports and business groups. He is reported to be the future of business consulting.
Personal Success: Enough is Enough
Posted by: | CommentsAnthony Robbins has studied and taught on the subject of motivation for decades now. All of his research indicates that people will do more to avoid pain than to gain pleasure.
With this information now available to you, you need to start associating “good” with pain and “great” with pleasure.
You were put here for a purpose, you are greater than you realize and your future will be filled with unlimited opportunities when you decide to become unstoppable.
Be Unstoppable!
Mike
Mike Mason, author of Unstoppable Success, is the Founder of Unstoppable Business Consulting, The Elite Training Center and the Clinic Director of The Chiropractic Care Center. He is considered one of the nation’s premier experts on business and motivation and lectures on success to sports and business groups. He is reported to be the future of business consulting.
Financial Success: The biggest challenge to wealth
Posted by: | CommentsWhat is the biggest challenge to wealth?
In my opinion, the one aspect that holds people back from achieving financial freedom is the failure to start. Beginning the habit of saving and investing is very easy, yet most people put it off until the reach retirement age. By then, it’s too late.
The hardest part is taking the first step. And the great thing about taking the first step is that you can take that step today. If you just get in the habit of saving 10% of what you make for investment purposes, you will be financially independent in no time at all. The first thing to do is to make the decision to stop wasting money and start saving/investing instead. My daughter is currently 6 years old. We recently bought her a learning device called The Zillionaire (which I highly recommend picking up if you have children.) The device is very simple. It has 3 canisters to hold money. The 3 canisters are titled “Spending”, “Saving” and “Investing.” Each week when she earns her commission (as explained inthe book Financial Peace Jr.), she puts a portion of her money into the spending account, a portion into the saving account and a portion into the investing account (plus she is putting 10% of her total commission towards her tithing at Sunday School.)
If she keeps this going, which will be much easier since she is starting young and already in the habit of allocating her money this way, she will be financially independent herself well before 98% of the population. My 6-year-old daughter can do this, but every study done on finances in America shows that over 90% of the general adult population does not have this habit.
Is this a very complex habit to develop? No
Is it unreasonable for you to live on 90% of what you are currently making? No
Is there anyone that doesn’t believe that 10% of their income saved and invested over time would lead to financial security? No
Do most people follow this easy system? No
Are most people financially independent and able to live the life that they want? No
And why is the answer to all of these question No? Because people fail to begin. You can start right now to move towards financial independence and security. Decide right now that you will cut out your unnecessary expenditures and start saving/investing at least 10% of your income. Then, very simply, make it automatic on each payday.
You’ve already waited this long. You can’t afford to wait any longer to start this simple process. Today is the day that can change your life and the lives of your family forever. All you have to do is start!
You were put here for a purpose, you are greater than you realize and your future will be filled with unlimited opportunities when you decide to become unstoppable.
Be Unstoppable!
Mike
Mike Mason, author of Unstoppable Success, is the Founder of Unstoppable Business Consulting, The Elite Training Center and the Clinic Director of The Chiropractic Care Center. He is considered one of the nation’s premier experts on business and motivation and lectures on success to sports and business groups. He is reported to be the future of business consulting.



