Zig Ziglar said "Money isn’t everything, but it’s right up there with oxygen."
The topic of wealth, income, and making money is often discussed and
viewed in a negative light.
Our society is afraid of being labeled as
greedy or money hungry, but what must be understood is that money is a
crucial part of freedom.
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It's up to you to decide when a task is worth your time
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I personally know what it’s like to have nothing, to stress about
paying my next bill, and to feel hopeless. I also know what it’s like to
thrive, and I’ve been fortunate enough to create some great income as
well. Having money is a lot more enjoyable and fulfilling, but most
importantly it gives you options.
Have you ever heard anybody say any of these ?
"Money is the root of all evil."
"Rich people are greedy."
"Money won’t make you happy."
"You don’t want to be one of those people."
"I don’t need money."
It's usually those who claim they don't care about money that are
broke. Why not get wealthy? Why not become a millionaire? Why not focus
on making as much money as you can? As entrepreneurs, I know you have
goals of increase your income. We all have the same 24 hours in a day,
so those thriving financially must be doing something different, right?
Better yet, they must have a better perspective about money and how
it’s earned ?
Let me give you eight very tactical and straightforward tips that can be used right away to catapult your income.
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If late nights aren't earning you more, you might want to rethink your strategy.
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1. Stop doing what you’re doing. We all know the
saying "insanity is doing the same thing over and over and expecting a
difference result." If you aren’t satisfied, the first thing you must do
is stop doing what you’ve been doing because what you are doing is what
is creating your dissatisfying, current reality.
What’s great about life is the opportunity to completely change your
story and direction overnight. Regardless of your past decisions, you’re
always one decision away from making the right one.
2. Don’t let money define you. Your self worth has
nothing to do with your finances. Whether you have a negative bank
account or $5 million in the bank, your confidence must never waiver. If
anything, your confidence needs to increase when you are stressed so
you are motivated you to never feel that stress again.
Being wealthy is a state of mind, but so is being broke. You are what defines you, not what you possess.
3. Start prioritizing your profits. When you set up
your weekly schedule make sure you start with income producing
activities. Of all your activities, 20% will account for 80% of your
income. Figure out what those are. Really think about the the top two or
three things you need to do to create income. Now put those in your
schedule consistently to assure you are creating income.
Constantly ask yourself if what you’re doing is profitable. Focus on
doing what you should versus what you feel. Never forget that impact
drives income.
4. Start placing a higher value on your time. Time is more valuable than money. You can always get more money, but you can never get more time. It is possible to become twice as valuable, and make twice as much money in the same amount of time. There is nothing more valuable than time invested wisely. We all have the same 24 hours, and it’s what you do with them that determines everything.
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When scheduling your week, start with activities that produce income
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5. It’s Ok to say no. Steve Jobs once said, "It’s what Apple said 'no' to that ultimately made them successful."
If you’re over-extending yourself and committing to too many things,
this word will change your life. Say "no'' to everything that doesn't
create income for you until you get your income to a place you feel
confident and secure. Make a commitment to yourself that you will focus
on income-producing activities versus tension-relieving activities.
6. Proximity is power. Most broke people hang with
other broke people and they usually stay broke, together. Elevate your
peer group by reaching out to those playing the game of life at a higher
level than you.
Find those people because you’ll become a lot like the people you
spend the most time with. Their belief systems, their ways of being and
their attitudes are contagious. You're either surrounding yourself with
those who hold you accountable, or let you off the hook. Choose wisely.
7. Lower your excuses. As the excuses
go up, the bank account goes down. The best excuse makers or
"validators" have the smallest bank accounts. The energy and time you
spend on creative excuses is better invested in thinking of actual
solutions that move your life forward. Excuses are a disease and those
who continue making them will continue to have money issues.
8. Shift your focus from victim to leader. Stop
blaming the economy, stop blaming your past, stop blaming your boss or
company, and stop thinking the world is out to get you. Charge more,
switch jobs, become more valuable. My friend Hal Elrod says, "The moment
you take responsibility for everything in your life, is the moment you
can change anything in your life.".
The difference between ordinary income and extraordinary income is
fast implementation. How quick will you get on your grind to start
increasing your income? I assure you if you take these tips seriously,
and want it bad enough you will create an income explosion the next
couple months. I want you to realize that your bank account isn’t who
you are, it’s who you were before you made the decision to focus on
wealth.
#Source:
How To Dramatically Increase Your Income, Starting Today | Peter Voogd
This article originally appeared at Entrepreneur.
Copyright 2014.
Follow Entrepreneur on Twitter.
Sep. 22, 2014
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