It is not because things are difficult that we do not dare, it is because we do not dare that they are difficult.
When I began this journey to wealth I had to change my thinking, I had to face my fears and go way outside my comfort zone at the time. After reading various books on wealth building I decided to take action. I started planning my exits from corporate life and my comfortable salary! Looking back now I don’t know why I waited so long. However if I think back to my emotions at the time I remember discussing with other entrepreneurs that pain of leaving a secure salary and going into the unknown.
In my mind back then, the gap between myself and where I was, to jumping across the void to self-employment was so absolutely enormous. It took me quite a few months, lots of research and talking to other entrepreneurs to find the courage to jump. My other half had already started in our new consultancy a couple of months before I quit, but had not brought any income in yet. So apart from my savings, there was no guaranteed income at this point. Plus I had just bought my first buy to let property and received a �5,000 bill for works!! I didn’t sleep for a few nights I can tell you…in fact that bill came in the day after I had handed my notice in! So there were definately some feelings of doubt about what I was undertaking.
Luckily some income did start to trickle in, my partner started to bring in good cash flow. So we could breathe a sigh of relief for a short while until the next deal?! The down side of being self-employed, is the constant pressure to perform and create a salary. This was standard in the business model we were using which was consultancy; with no tangible products per se. So even though we were self-employed we were still exchanging time for money until we started investing in property.
So essentially, I have broken through a huge comfort zone in order to start my business without a day job. The next area that would extend my comfort zone was investing. Unfortunately, I did not do so well in the stock market which pushed me even further into investing in property. Once we started investing in property, and we could see the returns after initial work and lots of research, we trusted we could make better decisions and take greater risks, including investing 4000 miles away!
Again, we pushed way beyond our zone at that time! Property can be incredibly risky if you do not know what you’re doing and I have made hundreds of mistakes, trust me! I tried to think how much I have lost my investing. However one of my mentors told me, ‘Amanda, as always a cost of doing business, get used to it.!’ The same mentor taught me to minimise risks, weigh up your options and ensure the Return on Investment (ROI) is always clear before making a final decision and parting with cash. I remembered his words as I sent 40,000 pounds cash to America to invest in the customer service representative on the phone asked me again ‘once I press this button maam the will be sent and I would not be able to recall it. Are you sure you want to proceed?’ I can tell you, that particular moment was very far outside of my comfort zone! So far, it has paid off although there have also been some minor setbacks.
If you read any of the biographies of the big wealthy guys and girls, you will notice they all have healthy to choose to risk, calculated risk and enjoy a pushing themselves outside of their comfort zone on a regular basis. In order to achieve the wealth and success they desire they have to learn new skills, think differently and take action. They face the fear and ‘do it anyway’. So how can you use their success to move you forward?
Fear is a factor that prevents many of us from becoming financially independent. It could be that you are scared of becoming rich, or that you don’t want to lose, money or that you’re just not sure how to make more wealth on a larger scale. Whatever is holding you back, face it head on and make a decision today that, whatever happens you deserve to have more and that you are going to learn more about how to do it! Not only that, you need to make a commitment to yourself to EXPAND that comfort zone. The more you push the envelope, the more likely you are to be rewarded.
Not only that, remember a time that you DID go way outside of your zone…How good did it feel afterwards??!! Remember that feeling!
So read this quote to motivate you to action, plus the usual questions to ensure you move forward…today!
Nobody ever died of discomfort, yet living in the name of comfort has killed more ideas, more opportunities, more actions, and more growth than everything else combined. Comfort kills!
T. Harv Eker
* Commit to yourself 100% to do at least ONE thing outside your comfort zone to do with money and wealth this month….and then KEEP ON GOING!!
* What fears are holding you back from learning more about taking risks and investing?
* Who else do you know who you can talk to about breaking through their comfort zone and achieving what they wanted? Can they mentor you?
* What one thing could you face and breakthrough regarding your greatest fear of being wealthy…DECIDE to blaze through it now!
Have a fantastic month!
To your health, wealth and success