What does wealth actually mean?
Everyone has different concepts of what it means to them and therein lays the definition challenge! I have worked with many people on this subject and it normally boils down to ‘being comfortable, financial freedom, primarily having choices and being able to do what you want to do, when you want to do it.
My two key questions to you this month are;
What does wealth mean to you? and
How do you know when you’ve got there?
We spend a lot of time with clients getting them to define this area as it is not one we are taught in schools, we weren’t taught to ‘make money work for us’ rather than the other way around. I don’t know about you, but I had a fabulous upbringing and I remember my parents saying things like ‘money doesn’t grow on trees you know’ and ‘ you work hard, you earn the pennies’ and ‘ if you look after the pennies the pounds look after themselves. Sound familiar! I am sure as you are reading this there are already sayings around ‘wealth’ or ‘finances’ that are along these lines! Make a note of them. We will revisit this next month!
These ‘sayings’ can keep you stuck in a paradigm that dictates whatever that belief is. As a general term I am going to call this ‘conditioning’ – which essentially is a collection of beliefs about our model of the world and how we should live. I discovered this for myself on only a few years ago, when I started looking at what really made people successful and wealthy. How did they think? What words do they use? What do they do differently to me?
I noticed how much of my conditioning was ‘negative’ and ‘anti-wealth’ to a certain extent. I know I had already broken some of the paradigms of my family as I has overtaken my father in terms of earnings and built up quite an abundance of ‘material’ wealth in the late 90’s. (Of which I was quite proud! I remember walking into Wallis and picking up a suit WITHOUT looking at the price. I had made it!) I remember at the time – I actually felt ‘guilty’ about it! I was a successful sales person and had worked very hard to get where I was and hadn’t quite learned to enjoy it.
As I continued to attend courses and read more books on wealth, patterns started to emerge:
* Having a positive attitude.
* Thinking outside the box.
* Being clear about what you want.
* Believing that it can and will happen.
* Taking small (or large) steps consistently reach those goals.
I thought to myself, ‘It cannot be that easy?’
So, after listening to Brian Tracy (a Canadian Sales and Personal Development Guru) for hours in my car in between meetings. I gradually started to apply this advice and the guidance listed above. Lo and behold, within 3 months. I was the top sales person in the Thames Valley and my pay increased by 30%! No mean feat in back in those days I can tell you! So you can imagine my excitement at finding this new ‘mental technology’. Read, apply and reap the rewards! This was the early road to my learnings on how to build and create wealth.
So my challenge to you this month alongside the two questions at the top is to look at the 5 points above.
Where are YOU on this list?
What one thing can you do today that would advance your progress towards a more wealthy life?
Next month I will be sharing more on how to capitalise on the points above and how to apply it to YOUR life.
To your health, wealth and success