 Just for fun: Thought I would share with you this shot of the pumpkin-carving extravaganza at my home on Halloween day.
I get so much joy from experiences like this with my kids.
This year, I asked them the question: What scares you?
We worked through each of their fears until we found the funny, the ridiculous & the falseness in each scenario, and we laughed a lot.
Helping my clients dispel their greatest fears is something I do every day.
Looking back at the early years of my own business, I wish I had had a “Fear-Busting-911” emergency hotline to call!! I’m thrilled to announce that my company now offers this service! (For up to six months & for under $1000, you will strengthen your inner confidence & faith … learning to dissolve your own fears … and when you need it most, one-on-one support from my lead coach, who I’ve personally mentored for the past two years.)
Because, when we’re in fear, we’re paralyzed and blinded from truth, possibility & opportunity. This is your lifeline to: the light when you’re in darkness, the abundance when you’re in lack, & to strength when you’re feeling powerless. [Click here to schedule.]
Together, we’re kickin’ butt & takin’ names, and busting through fears that just don’t stand a chance to stop us. Life is good!!
“Just Believe”,
P.S. Will I be seeing you in ORLANDO this Saturday for the final stop of the More Life Tour?? Come spend the day with me for just $57, and invite a friend to join you!
P.P.S. As always, for questions about our programs (including our new “Fear-Busting 911” emergency hotline) please contact my lead coach, Steph Tuss, at 888-720-7117 x7 or by clicking the following link to schedule a time to meet with her: https://my.timedriver.com/BZ2MN
Prevent Financial Disaster by Having a Bottom
I’ve only shared the first step of my formula for bringing in an amount of money that you choose, but I’ve heard that a few of you are starting to see some new clients and extra cash coming in.
You could say that you’re priming the pump. By starting to work the formula, you are likely more open to new clients and also more proactive. Those are two of the ways this formula works.
If you follow the instructions I lay out, there will be much more of that. You will move ahead rapidly.
Before I go forward, since Step One is so crucial, I’m going to spend a moment more on it, then share with you a concept that everyone should embrace, whether they’re employing the formula or not. It’s a concept that can prevent financial ruin.
Step One
Last time, I told you to choose an amount of money that would make a significant difference in your life, but that you could actually see yourself receiving.
If you plotted your figure on a graph, it would be the point of intersection between what stretches you and what you believe is possible.
For example, let’s say you’ve made $60,000 before, but never any more than that. You might be able to see yourself bringing in $80,000. If so, that’s the number you pick. If you’ve never made more than $30,000, but you’re having a good year, you might be able to see yourself making $45,000.
Don’t try to aim too high. Starting at the correct number for you is the fastest way, the only way to reach a million dollars or ten million eventually, if that’s what you want.
Remember Linda from last time? She wisely chose $50,000 as her goal and that year ended up making $499,000.
If you choose a figure that you believe is possible, the same thing could happen for you.
Choose Your Bottom
You’ve chosen your goal, your aiming point; now it’s time to choose your bottom.
Everyone has an amount of discomfort or lack of money that they will tolerate in their life. Some people go broke and massively into debt. Others never do because they won’t allow it.
This may sound harsh, but it’s true: if you’re often in dire straits and can’t make ends meet, you’re in that situation because you tolerate being there.
The good news is that you also have more power than you may realize.
If you want to stay out of financial chaos, consciously choose a bottom, the lowest amount of money you will tolerate having in your life, and refuse to go below that amount of money ever.
For instance, if you’re completely broke, your bottom might be $100 in the bank. If you’re better off, your bottom might be $1,000 or $10,000. Whatever figure you choose, refuse to ever go below it.
Having a bottom that you never breach keeps you in a safety zone and prevents you from getting into desperate situations. It’s a very prudent way to run your business. In fact, honoring your bottom can be a mindset shift that will eventually allow you to make millions.
Here’s an example of how a bottom can help:
Jake has a bottom of $5,000 liquid savings. Right now he has $10,000, so he feels secure. But let’s say, he has unexpected expenses and his savings dip to $7,500. He’s getting close to his bottom, so he gets into gear, becomes very proactive about following up, bringing in money, doing whatever he has to do to stay solvent.
If he didn’t have a bottom, he might just continue to eat away at his savings until it was gone and then start drifting into the red.
Having a figure below which you will never go is like wearing a life preserver. You may end up in the water sometime, but you will never drown.
A personal request from David:
Did the above article resonate with you?
Do you disagree?
Do you have an insight to add?
Do you have questions about the material?
If so, I’d love to hear your thoughts & questions. Please feel free to comment on the above article on my corresponding blog post here: http://www.davidneagle.com/blog/?p=517
© Copyright 2010 – David Neagle’s Life Is Now Inc., All Rights Reserved Worldwide.
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7 comments:
This is great info – thank you so much. I am trying to figure out how to apply it in my life and hope you can clarify something for me. I work in a corporate job part-time while I am getting my business off the ground. Would my top number be the top number for my business, which would be considerably less than my current corporate salary, or my top number overall, with both my corporate salary, my husband’s salary, and my business revenue combined? Knowing this will really impact my chosen number, so I do hope you can clarify for me. I want to be sure I put out the right number, as it sounds like this is a really important first step.
Thank you again — love the information you are putting out!
Thanks Jill! Not to deflect but the answer to your question lies within you. Not knowing your current situation other than what you stated, I would say that your number should be a reflection of where you want to be, factoring in the amount necessary to maintain or exceed the style of life you desire.
In this exercise, let yourself be realistic and set the number for what you feel is reasonable enough to attain. From there, do everything within your power to make that happen. Once you have achieved this level success, keep raising the bar accordingly. This is referred to as the Impression of Increase, and is a powerful tool in your development.
Let me know how it goes!
“Don’t try to aim too high” I couldn’t agree with you more!
It seems that there is a cash-flow range that starts with numbers with which I am comfortable and ends with numbers that may as well be pesos or yen because they have no meaning to me and I can’t relate them to my life. The smaller numbers immediately engage my mind and I can quickly generate a list of things I need to do in order to accomplish that level of income. The next range of numbers max out my to-do list, but they are within my range of what I consider possible. This range can be exciting as it engages my mind, my emotions and my faith – I’m willing to jump into action, but I’m less certain of each necessary step. And then there is the cash-flow/income level at which I mentally, physically, emotionally & spiritually shut down. It is beyond my to-do list and it is beyond my present understanding. I don’t actually believe the high number is impossible, but currently that number has no personal meaning to me and I can’t make it stick to my life.
Thanks Lorraine! People I work with tend to pull an arbitrary number out of thin air and not understand why they don’t meet their goals. Make sure the number is real and do what it takes to achieve it. Not only does it make this possible, but you move into the realm of probably when you put all the action behind the intention.
My advice is to not allow yourself to shut down when your mind goes to cash-flow and income. Your ego is powerful and will make every effort to keep you where you currently are. It’s time to squash that mode of thinking, beginning with the language you use. Start with “it is beyond my present understanding”. If you say it, then it will be. Be mindful of those words because they do hold power…and make you powerless.
Also, start today by making your number more personal to see what becomes of it. That is the lesson in this, and one you can definitely learn from.
Thanks for putting your thoughts out there!
Hi David,
Well this blog on “Prevent Financial Disaster” SCARED me. You talked about having a “Safety Zone”, but in other comunications you talked about if the finanical need is there, the money is there. The law of duality. So, I’m below my Safety Zone because I believe in investing in myself to lay the foundation for a 7FB. So was this a foolish pre-mature leap on my part?
Feeling like I’m in a desperate situation, but having faith in the process.
Linda
Thanks for the post Linda! I will say that there is no such thing as a foolish leap if you are committed to doing whatever it takes to achieve the success you desire.
In these situations you need to understand that your ego is attempting to get the best of you by sending messages of worry, fear, and doubt. Remember…fear is a lie! Keep pushing forward, in faith, and know that you’ve made the decision and will stop at nothing to achieve success.
Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained! I’m sure you had fun writing this article.