We’re strong advocates of the principle that rather than focussing on money, you should focus on your life. Money is simply a tool to enable you to create the most inspired, fulfilling and meaningful life.
Getting and keeping perspective
What do you want from your life and what money needs to be in place to make that happen?
What do you value?
It’s important to get really clear about what’s most profoundly important to you in your life. Create a vision for yourself that’s energising and invigorating.
By having a strong and clear sense of what you want, you can overcome anything. Even the obstacles you put in our own way like self-limiting beliefs.
Make it count
In business terms, Simon Sinek talks about this as “Start with your why”. What’s your purpose, your cause, your belief? Why does your business exist? Those are important questions to answer, but let’s broaden this to your life as a whole. It then opens up a wider range of goals which may include spending more time with the people you love, say, or leaving behind a lasting legacy in the form of the book you’ve always wanted to write. Whatever your life goals are, they usually have financial implications.
What’s your number?
Lee Eisenberg, in his book “The number” gets you to think about the amount of money and resources you will need to enjoy the active life you desire, especially post-career. Forget for now whether it’s money from your business, equity in a property, pensions or any range of investments. We’re talking about a sum of money that you can draw on when you need it.
Once you know what you want, you’re in a position to work out your number and then it’s easy to structure your finances to fit in with your life plan. But it has to be that way round. It’s not the pursuit of money that will drive you. Striving for a meaningful life provides much stronger motivation.
Not just now. Not just keeping your head above water and paying the bills. Not just getting through the month or the year. But to meet all your goals over the short, medium and long term.
Set your financial goals and don’t be afraid to make them big and bold.
We’re not talking about fantasy. This isn’t about making fictitious dreams, making it so grand that you don’t at any level believe it could happen. But we are talking about a stretch.
Write it down
Something magical happens when you commit your goals to paper, and better still share them with others. The more you focus on what you want, with clarity and belief, the more your unconscious mind will work out a way to get it.
So, write down your goals. Define specific financial goals over set times – 6 months, 12 months, 3 years, 5 years. Then work out how you can achieve that through the pricing of your product or service, the numbers of hours chargeable if it’s a time based service, or monthly revenue if you’re selling products.
Work backwards from what you want rather than crossing your fingers and hoping you’ll just get through the month. Write down why, and write down your target. Then put it somewhere where you’ll see it daily, as a reminder of what your aiming for, and why. Better yet, draw a picture.
We believe you’ll be surprised by the results. We believe YOU GET WHAT YOU FOCUS ON. So, if you’re focusing on just keeping your head above water, it’s likely that’s what you’ll get. If you place all your focus, AND ENERGY, on generating profit of £10,000 per month, you’ll find ways to make it happen.
The Power Of Thought
We know that we have powers at an unconscious level way beyond what we understand. Think about how often you solve problems unconsciously just at the point you’ve given up thinking about it. When you wake up in the morning with an idea, or you’re having a shower or going for a run and you work out a solution to a challenge you’ve been facing.
Once you put it out there, our unconscious minds work on creating ways to make it happen. You’ll find that opportunities appear that you hadn’t previously noticed or acted upon.
So, write down your financial goals with clarity and conviction and see what happens.
Next up ‘Stop your emotions highjacking your finances‘.