Awareness and understanding are two important pillars to successful wealth creation.
Awareness
Are you aware of what is happening in your business? Do you know what is working and what is not working?
Stop doing what does not work in your business. You have to identify the blind spots. If you can’t do it yourself, find a coach, mentor, etc to help you.
Then you need to take action. Insanity is doing the same thing over and over again and expecting different results. You have to get over the fear of the unexpected.
Understanding
Do you get overwhelmed with all the thoughts, feelings and fears that enter your mind every second of the day?
Take the time to understand where those thoughts, feelings and fears are coming from.
We didn’t come up with our way thinking. For example, when we were born we didn’t know anything about how to earn money. Who has influenced your way of thinking?
Your parents, media, schooling, friends.
There’s three kinds of conditioning:
1. Verbal
2. Modeling
3. Specific incidents
1. Verbal conditioning
For example, what you heard a child. “You have to work hard to have money”, “Money doesn’t grow on trees.”
2. Model Conditioning
Each of us had role models growing up. How did your parents handle finances? What was their attitude towards it?
Did they argue over money? How does your mother handle finances different to your father? Which one are you more like?
You have to examine why you want to have lots of money.
Is it anger because you grew up very poor? Is it fear? You want to be more secure? Is it to prove yourself?
If you’re desire for success is based on fear, you’ll never make enough.
If you’re driven to get rich for any of the above reasons then you’ll never be happy. Money amplifies people. If you’re miserable poor, money can make you even more miserable.
3. Specific Incidents
Is there a single traumatic incident involving money that has affected your mindset on money and how you run your life.
Two people can undergo the same experience but react to it in different ways. An incident doesn’t have meaning until you arrive on the scene. It’s not the incident that affects us, but how we react to it. If you’ve taken the wrong path, you can re-choose.
People that always have to be right in life are usually miserable. You can be right or you can be wealthy.
What are your experiences with wealth creation and these two principles? Leave a comment below!
Interesting post John, I think that having a good awareness of what you are doing is really important if it is not working you have to change it.
I remember in the past when I first started out online I created a squeeze page by myself and I had invested so much time with it as I wasn’t very technical then, I was so proud of what I created because I had spent hours on building the page over a week.
The problem was it just wasn’t producing me any decent results when I sent traffic to it no one wanted to enter their details, 100 people would go to the page and not one of them would want to sign up.
Not good…
Instead of changing the headline or the bullet points on the page I refused to I didn’t want to give up on it because of the effort it took to create it.
My plan was to force the situation with pure determination and more traffic after about $200 worth of buying traffic and 10 people signing up I finally got the message that it wasn’t working and something had to change.
Lesson learned don’t be stubborn be aware of what is not working or it could cost you $200.
Thanks for sharing your experience Lee.
I think there are a LOT of people that do what you’ve just mentioned, i.e. start off reinventing the wheel when they could easily reverse-engineer what other successful marketers are doing. These people waste a lot of their time and money needlessly! Many get frustrated, throw up their hands and say it just doesn’t work.
I’m glad to see that you haven’t done that 🙂