Sink or Swim
A person’s mind is what gives them the drive to accomplish tasks in life. When a person’s mind is set for failure they perceive things in a different way as someone who is looking for success. The mind that is set on failure has the “I can’t” or “It’s too hard” attitude. When the mind says “I can’t”, most of the time it definitely won’t do what it’s thinking about. The success mind says, “Nothing is impossible”. When the success mind stumbles across something that appears to be a struggle it continues to figure out a way to defeat the obstacle. The success mind always knows that there’s a way; it just needs to be found.
How do you think? (Failure or Success)
Most people have the mind set for failure. Don’t be discouraged if this is currently how your mind is set. You can train your mind to think differently over time.
Twice a day, preferably once in the morning and once in the evening find a quiet place to be. Imagine yourself with the life that you desire. Make it vivid the types of things that you own and the things you would like to do. Don’t hold back on the items that you would like to have. Imagine yourself living in the home of your dreams no matter how much it costs. In this exercise do not try to be rational. Try to push your mind outside of its boundaries. Over time your mind will adjust to creating ideas to get to the desired lifestyle.
Before you can change your life you must change the way you perceive things around you. From this point forward we will start to develop your life plan. There is no right or wrong answers to the questions. Be honest and answer the questions to the best of your knowledge and really push yourself to answer them completely.
Learn to Float
What’s your vision for your life?
Where do you want to end up?
Do you want to be wealthy?
Do you want to own a business or have a certain career?
Get a blank piece of paper and write out a summary of how you see your life in the future.
(This is your vision not someone else’s vision for you.)
Prepare a Life Jacket
Now you must create steps to get to the vision. Each step should be a clear task with a date for completion. The date allows you to determine whether you have met the task or not. It is very important to spend some time thinking these items through. These tasks are what will keep your dream afloat. Poor planning in this area will lead to disappointment. Do not let your emotions drive the tasks. Do not leave off a task that you know is crucial just because you are afraid that you can’t do it.
If you do not meet a desired date you need adjust the date to allow for extra time to accomplish the task. In some cases you will see that some tasks are no longer appropriate to have in your plan due to a change in direction so these items will need to be removed.
Get a sheet of paper and list out your tasks.
Example:
Purchase one bond by February 1, 2008.
To begin I recommend using tasks that are weekly. By using weekly tasks, this forces you to come back to your plan each week to see how you are doing. When each task is completed check it off of the list.
For a plan to take shape the owner must continue to believe that it will happen. Often people get discouraged from the negative people around them. Do not get discouraged continue to push through the difficult times. People don’t agree with your vision because they can’t see it. Many people think in the form of having to visually see something to understand it. Negative things will transpire throughout your whole life but you must believe that you will get through them. People are negative due to the frustration of being unable to control their own lives.
You must believe in yourself before any of your desired outcomes will take shape. If you don’t believe in yourself no one else will believe in you either. Each time that you are sitting alone struggling for an answer to a problem believe the answer is already in you.
It takes time to build something great, stop looking for an overnight success.
Fear (Failure)
The fear of failure is what causes many people to stay anchored to an unhappy situation. There are too many “What If” scenarios running through the mind.
1.What if the new job doesn’t work out?
2.What if I’m not as smart as I thought?
3.What if I can’t get enough clients?
4.What if I can’t get a small business loan?
5.What if no one likes me?
6.What if I didn’t study hard enough?
7.What if I don’t finish college?
What if you would just stop saying “What if”?
You must continue to be positive in everything that you do. Turn those questions around to where they work in your favor.
1.My new job is going to be great.
2.I will be respected because I am smart.
3.I’m going to have many clients.
4.I’m going to get a small business loan.
5.Everyone likes me.
6.I studied as hard as I could.
7.I’m going to finish college.
Anything that another man creates you can obtain.
Propel Yourself
Time
We have been taught that if you want something done right do it yourself. This thought process is a thing of the past. Throughout your day listen to how many times you hear someone say, “I don’t have enough time”. It’s because they are trying to do everything themselves. From this day forward focus on the things on your task list. If it’s not on your task list find someone else to do it. A perfect example is trying to fix your car yourself. Why spend two days trying to fix something that you can pay to have done in two hours?
Diligence
Attack every item on your task list as if there was no tomorrow.
DO IT TODAY!
Things that you put off for tomorrow usually never get done.
Qualities
To reach a level that you have never obtained you must posses certain qualities. These qualities can be procured and mastered over time.
Get Your Swim Coach
Find a mentor to give you a different perspective. A mentor is someone who can teach you something you don’t already know.
Tips for finding a mentor
•Find someone who is doing what you want to do.
•Find someone who is honest and truthful.
•Find someone who has time to answer your questions.
•Find someone that you are comfortable with.
Reasons to get a mentor
•Can help you stay positive.
•Gives different view points other than your own.
•Tells you what you don’t want to hear.
Only you can see your vision it was given to you for a reason. Many times our friends and family can’t see our vision because it wasn’t meant for them.
Money
You can never have too much money. The key is to learn how to make money other than working. Throughout life you must learn how to recreate an income with little or no effort on your part. Below are some ideas to get you to start thinking about money differently.
•Purchase Bonds
•Creative savings (Use those nickels and pennies to build wealth - don’t be afraid to pick up a penny off the street)
•Don’t rely on the government to take care of you.
•Don’t rely on your company to take care of you.
•Create your money army.
•Pay yourself at least 10% from each pay check you receive from your job.
How Big Is Your Army?
Many individuals assume that just because they have money they won’t have any problems. Money may make items such as bills temporarily go away but struggle is not that far behind. If you have poor money management skills money will compound your problems. Have you ever seen people who inherit money but they end up becoming broke? These individuals instantly go out and purchase liabilities (cars, motorcycles and etc.) instead of investing in assets to build their money. Whether you have an abundance of money or $10 in your pocket money building principles are still the same. The intention should be to grow money into a fledgling profitable return.
So how do you do this?
The first thing to do is look at money differently. Look at each dollar in your pocket as a member in your army. Every time you spend a dollar it should have a mission or a purpose. Each purpose should be something that will help to add to the number of members in the current army. Each time you pay bills you lose a member of your army, it’s a casualty. Think about how many bills you pay per month. It’s very easy to see how small an army can become. So let’s figure out a couple of ways to build your army.
Stop reasoning with your mind; your dreams are non-negotiable.
Vehicles
For the purpose of this writing a vehicle is an avenue that can be used to grow wealth.
Savings Bonds - If you’re having trouble saving money one of the easiest things to do is accumulate savings bonds. Most bonds are unable to be cashed until a specific amount of time. In many cases a bond must be held for a minimum of five years. The time requirement allows for the potential of a large quantity of bonds to be collected over time.
401K - If you work for a company with a 401K make sure to participate. A 401K is an easy way to get into investing without becoming an expert. Many times your company will make a matching contribution to your plan. If you are looking for a simple way to get introduced to stock investing this is it. As you get raises make sure to adjust the contribution plan to account for the extra income.
Bonds and 401K are safety nets; both of these investing vehicles are pretty safe.
Many people draw loans from their 401K to make large purchases. If possible try not to borrow any money from your 401K, allow it to accumulate without any interruptions.
Bank Plan
Create a bank plan for yourself to have no less than $1,000 in your bank account. This $1,000 should be the minimum amount in the account at all times. If you currently have less than $1,000, create a plan on how to accumulate this amount in twelve months. Having this goal will help train your mind to understand that any amount of money is achievable. Each year many Americans wait to get their tax refund checks. Once they receive their checks they instantly purchase items that don’t add to their army. We tend to think that wealth is accumulated quickly but in many cases it is built slowly.
My mother would always say, “You will have bills until the day you die”. This was her way of telling me to quit worrying. I wish I would have listened to her sooner in my life. Always invest in your army before investing in someone else’s army.
Quiz: What do Warren Buffet and Bill Gates have in common?
Answer: Their armies are bigger than yours.
You must diligently find creative ways to build the members of your army. There will be times that you will fail but their will be times you will find success.
The more members in an army the more opportunities will be presented to the army.
Find a hobby to increase wealth.
Example:
Antique record collecting
Antique game collecting (pinball machines, arcade machines)
Antique Toy collecting
These hobbies are vehicles to start wealth building at a minimal cost. With the right research you could see considerable growth in your army. This will allow you to have fun while giving the potential to double an army’s size. These types of hobbies allow for simple items to become assets. Assets are things that can increase in value or provide a return. There should be little or no effort on your part if these are true assets.
Keep the strategy to build your army simple and fun. As long as you follow this technique you will continue to build your army. Many people stop building their army because they become frustrated. As long as it’s fun you will continue to give an effort to produce the desired results.
Closing
There is nothing that you can’t do but you must start today. Use this workbook to start planning the life you desire. Look at the tasks you have written weekly and use them to reach your dreams.
While making a plan for your life, keep it simple. Don’t over complicate or over think your desires. An over complicated thought usually turns into a thought that’s never reached.
You must invest in the most valuable asset you have - your mind. Purchase books on many different subjects. Read about investing, leaders and people who are doing what you’re trying to accomplish.
I look forward to hearing how this work book has changed your life.
Jhasmal Hardyway holds a Masters degree from Friends University. He specializes in inspirational writing and self help. Read more of Jhasmal’s writings at http://blog.jzure.com
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