Posted by Jason Fonceca on Jun 16, 2010 in Abundance, Art Makes Money, Artists, Awareness, Featured, Life Coaching, Personal Growth, Self-Improvement, Success, Success-Consciousness, Thought-Management, Value | 5 comments
Do you really understand money? Do you understand that money is a reflection of value + contribution? Do you understand that money is a tool to amplify who you are and what you do. You can do it on a small scale, with very little money, or on a grand-scale, with tons of money, but it’s all a reflection of you.
It doesn’t matter if you’re rich or poor currently, you could’ve gotten yourself into a lot of debt, or you could’ve just won the lottery — none of this matters as much as your own understanding and thoughts about finances and wealth.
So let’s take a look.
I give my focus and attention almost exclusively to successful creative geniuses, either living or dead.
I’ve always had a powerful ability to attract massive amounts of useful information, quickly and easily, on any topic I want. I’ve always been quick to sift through and absorb all the important bits fast. It’s kind of similar to speed-reading, but expanded for a digital age. It’s like ‘speed-informing.’
I use it to read, hear, watch, write and talk about people like Buddha, Bruce Lee, Jesus, Jay-Z, Wilde, Shakespeare, Gandhi, Lady Gaga, Drake, and on and on.
Not only that, but when I’m not studying these incredible souls, what am I doing?
I’m hanging around with other people who also enjoy modeling themselves after these people, or coaching people, teaching them the wisdom I’ve learned.
All of the world’s ‘great’ people have very similar understandings of the mind, body, and soul. They understand life, and it shows in the way they live. They make bold moves, pursue their dreams, and demonstrate high levels of success and achievement, through the way they live.
There are some people who are particularly adept and masterful in the realm of wealth.
Shawn Carter, Warren Buffet, Napoleon Hill, T. Harv Eker, Donald Trump, Bill Gates, Christine Comaford, Mark Joyner, Joe Sugarman, Robert Kiyosaki, Dan Kennedy and Eben Pagan, to name a few.
Be honest with yourself, how inspired are you by these particular people? How much attention have you given their words and wisdom. Have you read about their lives and works? Bought their books? Borrowed them from the library?
Whether the answer is yes or no, I’m going to go over some key understandings these people have had about life, success, and wealth, and then I’m going to talk a bit about Eben Pagan’s phenomenal ideas for a new understanding of our world’s economy.
All sustainable success-makers use these principles, whether they know it or not.
Money was never wealth.
It used to represent materials.
It used to represent precious metals, precious metals with value. They could be used to create machines, wires, appliances and other very useful things.
Money evolved.
It no longer represents purely material things. Now money itself is not even a tangible item, it is 1′s and 0′s in computer systems. It is over-complicated by debt, loans, interest, inflation, portfolios, and more. For years mortgages and huuuge amounts of credit have been handed out to anyone and everyone despite whether they merited it, earned it, or could handle it. Most people have no idea what’s going on with money in the world we live in.
Money is not real. It’s a symbol, it means what we want it to.
We agree that it is a reliable measurement of value & contribution. We live a life supported by fake money backed by nothing, borrowing against our futures, and interest rates.
Money is not wealth.
True wealth is in assets, and assets are things which provide true value. If your art or business is not aimed at providing as much value, as clearly and powerfully as you can. The money you make will not be much, clear, or powerful either.
Thinking in terms of ‘money’ keeps a person poor; the successful view the world in terms of value, passion, fulfilment and happiness. They focus on the creation of value, financial wealth is a by-product.
It’s all about value. Value is the essence and foundation of any sustainable funds coming your way. No value = no help to society = aiming to fail.
Simply put no value, no business.
You can spend your precious moments on earth in lots of different ways.
Borrowing is a tool but if your financial mindset is not in the right space, it will simply amplify your errors. You`ll then have the fun of cleaning up a big mess (which can turn into sustainable value, if you`re focused).
This emotional relationship with money will continually keep our wealth at a certain level through our lives, despite fluctuations, unless we choose to change it.
Financial blueprints are setup mainly by all the experiences and words we encounter as children. We absorb eagerly and quickly the ideas and attitudes around us, and many of us learn our money-habits from family and friends who have horrible money attitudes.
Look at lottery winners, there is a strange pattern where many lottery-winners somehow rid themselves of the wealth they gained in a relatively short time.
The poor and middle-class squander on liabilities and temporary happinesses, which APPEAR to be assets.
Imagine this, you buy a boat and think ‘Hey, this boat’ll be worth something down the road, right?’, but the reality is the boat has depreciated as soon as it’s put in the water, and it’ll cost much more to take care of it and maintain it in time and money over the boat’s life, and this will detract from your freedom and cashflow. This liability costs more than it’s worth, and it masquerades as an asset. Same goes for warranties/insurance on electronic devices that will be obsolete in a few months anyway, as technology advances.
(Unless you’re a professional boat-mechanic or something, then it might actually be an asset for you.)
The way Eben Pagan sells his stuff by offering many free, high-value videos, which are filled with amazing content about money, wealth, and success.
Yeup, he just offers tons of free-flowing VALUE. Yes, he tells you how you can buy his program if you’re interested, but there is no trickery, and he is offering tons of value, and saying it’s up to you if you’d like to invest in more.
Eben talks about a new paradigm, by first analyzing the way that money came to exist. The simplified (very) version is this:
Money initially started as a symbol of ‘value.’ Every time money was used, it was a representation of a real material asset, based in gold or other precious metals, which were valuable to the world and could be used to create many things. This worked well for a time.
Eventually banks/govts. realized that people were happy to accept money even if it was disconnected from any real resource or precious metal, and they capitalized on this.
So the world began trading ‘money’ back and forth, while the banks managed it in ways to reap as much benefit as they could from this ‘empty-promise’, ‘no-real-backing’ money.
It’s gotten to a point now where almost everyone is seeking money, but money is a spectre, a ghost, and a useless concoction manufactured by a small portion of the population as a trick or a smoke-screen for the remainder. So the seeking of money is a doomed task, it might start someone on the path of creating true wealth, as they will come to realize the truth of the situation by pursuing it, but that’s about the extent of it.
Sounds like a pretty lame situation, wouldn’t you say?
It’s cool, there’s an alternative. Instead of pursuing and focusing on money, Eben suggests a method of success-thinking that has worked for human beings who have created true wealth many times.
Focusing thoughts upon the creation of value creates wealth as a by-product.
Eben outlines a simple formula that has worked for so many of the world’s people who desired to be financially free, and they pretty much any human being can pull off.
- CREATE VALUE FOR OTHERS
- TURN THAT VALUE INTO ASSETS
- ACCUMULATE ASSETS TO CREATE WEALTH.
This simple system, results in wealth. Develop the habit of thinking in terms of value. When you’re about to make a financial decision, put emotions and habits to the side, and think in terms of value. How much work-time and how much free-time will this decision cost?
What could I have done instead with my time + resources, if I did not commit to this decision?
Anyway, Eben’s stuff is fantastic, his free videos alone are eye-opening and life-changing. I feel really good about them. Check it out.
All the information and the ideas related here, are enough to turn a person’s life around. They really are. These ideas are powerful if you really leverage them.
Sure, we are all at different stages in our lives, and not everyone will reap the exact same benefit from the ideas proposed here, but all will reap some benefit. All will be a little more on their path, and that’s me providing value too
You don’t need to be a speed-reader to change yout thoughts.
I now release any views of money, wealth, and abundance that no longer serve me.
I choose to feel exhilirated and alive, like the world’s wealth-masters and high-vibing, value-creators every moment.
I adore my now-developed habit of thinking in terms of value, toward myself, and the world.
I appreciate my new-found understanding of abundance and I thrive on more.
I love that every moment I’m alive my thought, words, and actions are providing more and more value.
I love my ever-growing awareness of all these things.
I expect even more ideas that contribute to my success.
Recommend reading: Secrets of the Millionaire Mind, Think And Grow Rich, or In Search of Excellence.
Or if blogs are your thing check out T. Harv Eker’s personal blog or Christine Comaford’s personal blog, or Mark Joyner’s Simpleology.
Bonus: Interestingly, I stumbled across "The Money Myth Exploded" by Louis Even, just before posting this. It is one of the most easy to understand, story-book like metaphors for understanding money. Here’s an excerpt:
"Morale was low. The joy went out of living. No one took an interest in his work. Why should he? Produce sold poorly. When they would make a sale, they had to pay taxes to Oliver. They went without things. It was a real crisis. And they accused one another of wanting in charity, and of being the cause of the high cost of living."