The right and wrong things to do to make the second half of your financial life better than the first half
Manage episode 290337776 series 1537109
We’re at the beginning of a new economic cycle, a new property cycle, and a new business cycle - a time when lifetime wealth will be created by some people, but unfortunately not by most.
I was recently asked by somebody in my mentorship program how to make the rest of their life the best of their life – how to make the second half of their life much, much better than the first half of their life.
And that’s what I’m going to discuss with you into today’s show.
So today we are not going to talk about property or money, we are going to have a much deeper conversation.
Of course, property and money are important but only as a means of achieving what do you want to achieve and that’s really what we get to talk about today I’m going to give you some hints on how to take advantage of all the opportunities that are currently in front of us.
One of the things I realized early in my investment career is that those who are successful think a particular way and that’s why I spent a lot of time studying the psychology of successful people and that’s one of the topics I’m going to be touching on today – so while a chat today may be a slightly heavier conversation than you used to – I believe it will be very valuable so I look forward to giving you some different insights into wealth creation, but before I do let me ask you a question?
How is your peer group going?
If you want to change your outcomes, have you considered upgrading your peer group?
It's been said that you're level of wealth is likely to be the average of your 5 closest friends.
Here are the top three reasons why your peer group matters so much:
- Your peer group's attitudes, beliefs, and behaviours are contagious.
- Alone you are vulnerable; connected we are strong.
- It's a lot more fun to build with other people than in isolation!
A little about gratitude
I'd like to chat a little bit about something that may initially seem unrelated to money and wealth and I think you probably have come to this podcast to learn about, but in reality, it isn’t.
Let's talk for a moment about gratitude.
And here's why…Gratitude is a trait you'll find common to all wealthy people.
You can have all the money in the world, the biggest property portfolio, the most profitable company, but if you're not grateful for what you have, you'll never be wealthy.
We've all seen or heard of people who have lots of money but lead miserable, isolated lives.
And we've heard of others with very few of the trappings of wealth yet who lead very fulfilling lives, very wealthy lives, because they are grateful for what they have.
So, in my mind it’s critical to be grateful.
One way to make this the best year of your life is to be grateful for everything you have and for every day you have. And then tell people how you feel…
Send a thank you note, send a text, a Whatsapp or better still do it the old-fashioned way and pick up the phone and show your appreciation to someone every day.
One of the most interesting aspects of this idea of active gratitude is that it has a boomerang effect. You'll be surprised how it comes back in many ways to make you wealthy and to help make this your best year ever.
But, actually that's not what I was intending to talk about with you today, so lets get back to some other ideas about how we are going to make this your best year ever.
Let me make a bold statement…
What you feel is true about what is possible for you will dictate what you achieve.
What you want to achieve this year must come first and then you'll work out how.
That's why you must have goals for your future.
I know that once you become successful in business or your property investments it’s sometimes hard to have big goals – you’ve achieved a lot already. Can you pick this one of the things I find common amongst the attendees of the wealth retreat – have achieved a lot of the big goals in unsure what to do next.
So my question to you now is…what are your goals for this year? What are your goals for the next five years?
What is your financial goal for this year and for the next 5 years?
What are your physical and mental goals?
What is your goal for your relationships?
What are your career goals for this year?
You see… in about less than 9 months you are going to arrive at the end of the year again.
Are you going to arrive at the place you want to be at? The place you have chosen and have done everything you could to get there.
Or are you going to once again say: "I didn't reach my goals."
The "what" always comes before the "how."
One of the things I've studied is how it is possible to retrain the brain. And I've based this Mentorship program on my findings.
I studied to find out if it is possible to take a belief and put it aside if it doesn't serve you.
Can one take a belief like "I'm not smart enough", "I'm not good enough" or "I don't deserve to have success" - is it possible to set those neutral network patterns aside and create new patterns in the brain?
As you've learned from my blogs and podcasts your outside world is a reflection of your inside world. What you find in the outside world is a reflection of the words you've typed into the search engines of your mind.
What are you typing into the search engine of your life?
If you type poverty into Google, all you will find are the websites related to poverty. If you type in wealth - you find all the websites related to wealth.
It's the same with the way you see the world - it’s the same with the search engine of your mind - because you don't see the world with your eyes. The world is not what you think you see.
What really happens is that your eyes allow light to come in and your brain deciphers what the light is, based on the patterns and images that it already recognizes. Based on the filters your programming has put in place - so firstly you filter lots out. You couldn't cope with all the information we are constantly being bombarded with, and then you interpret what's left with the files you have programmed in your brain.
So if you're used to earning 50 or 60 or 70 thousand dollars a year, your software is conditioned to find that in the physical world.
The good news is your software can be reprogrammed.
Because as soon as you set the vision, your vision for where you want to end up, you are also giving instructions to your brain that that's what you want it to find for you in the physical world.
Your brain is like a radio receiver and it can tune into what you want and tune out of what you want.
Every time you have a thought your brain releases a chemical that relates to the emotion behind that thought. This chemical is felt by hundreds of billions of cells throughout your body.
Now let's take this train of thought a bit further… Everything we want in the universe is right here, right now.
I don't know if you know much about quantum physics - a fascinating topic, and something I'd like to touch on right now.
Quantum physics suggests that everything we want in the universe is right here, right now.
And as soon as we have a thought, as soon as we have the intention for something we don't have right now or something we want, we are actually causing a fluctuation in the nonphysical world - in the waves and particles of the potentiality that exists all around us.
Quantum physics teaches us that everyone is a genius, everyone has the ability to create, to achieve whatever their heart desires.
Of course, I'm not saying that when you have a vision, when you have a belief, everything will work out great for you. You know it won't!
But it's important to have the right vision which will create the right vibration, but then you need to take action because if you don't take action nothing will happen.
So why don't most of us achieve our goals? Why don't most of us take action? Let me be more specific. Why don't more of us take the right actions?
Well… it's partly because our brain wants to keep us in our comfort zone in what's called homeostasis.
Think about this for a moment…
If we had a thermostat in this room set to 20 degrees and a cool wind comes in, the thermostat will pick up the cool breeze and send a message to the heater to turn up the heating and get us back in our comfort zone. If the temperature goes up because there's a number of people in the room, the thermostat picks the rise in temperature, and the air-conditioning kicks in and brings the temperature back to our comfort zone.
A guided missile system works this way. The automatic pilot in a plane works this way.
Guess what? We work the same way.
We have a thermostat in our mind and any deviation in our performance - high or low - sets off a chemical in our brain that flows straight into our bloodstream, which causes you to have doubts, fears, and anxiety.
Why? Because we like our comfort zone. We don't like being moved out of our comfort zones
But the truth is change is happening all the time - you are either growing or you're disintegrating.
If you want to take control of your life and make the decision to have your best year ever this year, it means you are going to have to move out of your comfort zone.
It means you have to acquire new skills and you are going to have you apply different strategies.
The key in business or in life is to understand that results just tell you about the past.
So here is the key again...
You've got to start out with the future, with those goals, with that vision, and then work backward from there.
If you start out in the future with what you want and then build the belief systems underneath this to support the new vision, and you acquire the skills necessary and apply the right strategies then you will achieve predictable transformation and predictable results.
Would you like to have predictable results in your life?
There is a formula to achieve this.
Most people are looking at their current results and saying "OK this year I want to increase these by 10 or 15% because that's what they think they can achieve.
But at Wealth Retreat we don't just want to increase your results by 10 to 15%. I want you to take a quantum leap this year.
But most people will never achieve this type of transformation because they don't understand that our universe operates by exact precision. It follows precise laws and there are no accidents.
From the way your digestive system works to the orbits of the planets - it happens by exact precision and following precise laws.
So for this to be your best year ever you're going to have to let go of being a victim and forget the past by altering your thinking
You're going to have to create your circumstances by altering your behaviour. Create your circumstances by changing how you feel about yourself.
You are going to have to upgrade your internal software - you'll have to turn up your thermostat.
Now our gift is the ability to think differently if you want your life to change. That's what gives you and I dominion over the animals, the plants, and the minerals.
It's our ability to choose our destiny. Our ability to choose our thoughts.
And yes we have conscious thoughts and unconscious thoughts.
And we have positive thoughts and negative thoughts. We have supportive thoughts and non-supportive.
If we can have more positive thoughts and squelch those automatic negative thoughts, then you're going to be more of a positive vibration than a negative vibration which will allow you to attract everything you need to create your best year ever.
The secret to having the best year ever and maybe it is not so much of a secret is to start with the vision of where you want to end up.
Then you have to change your beliefs about yourself, about what's possible. When you think negative thoughts when you focus on what you don't want you will recreate more of it.
Is that much of a secret? That when you think positive thoughts and you send positive good into the world and you do positive things to the world that it will come back to you?
Is it possible that when you step up and step out of your comfort zone right now you can change your life?
You see… I can't change your life. You can change your life.
But you can't do it doing the same things you've been doing to get where you are.
If what you want is different to your current results, I urge you to step out of your comfort zone, do what it takes so that when you finish this journey on this little blue planet you will go wow that was phenomenal.
You owe it to yourself; you owe it to your family. You owe it to them to make this the best year ever.
Links and Resources:
Metropole’s Strategic Property Plan – to help both beginning and experienced investors
Join us at Wealth Retreat 2021 on the Gold Coast June 12th – 16th – get more details here
Some of our favorite quotes from the show:
“I'm sorry to say that now that life is really good, being grateful is not an art I'm anywhere near a master of anymore.” – Michael Yardney
“The "what" comes first and then the "how."” – Michael Yardney
“There is nothing more powerful than thoughts. It's how everything starts.” – Michael Yardney
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