Do I need to spend my way to success?
This week's question from my portal “The Neagle Code: Directions for Life” comes from Marta.
David I've heard you teach recently that you need to spend your way to success. Can you explain a little more about what that means?
Thanks so much for your time and message!
Thanks for the question, Marta!
What I mean when I say you have to spend your way to success is you have to be willing to invest in your own growth and desires.
If youโre not willing to invest in yourself and your business, you will hit a financial wall and not be able to break through. For you and your business to grow you have to up-level.
First, you must believe that you can earn a certain amount of money. Then make financial commitments that will give you enough pressure to get to work.
Keep in mind that you want to commit to the next level, but not so much that you fold under the pressure.
When youโre too comfortable with where you are, it doesnโt create enough urgency to change, and you wonโt do what you have to do to earn the money you want.
It is easier to stay in your comfort zone than to go beyond it; therefore if you donโt create the urgency that forces you out of it, you will get just to the edge of your comfort zone, but not far enough to really create change.
So raise your standard of living and buy that new car or that new thing you want, expand your team or invest in trainings and coaching.
But remember, you also have to raise your standard in your work to bring in the money to pay for it.
Keep doing this and your income will continually increase month after month. If you commit to setting aside 10% of your gross income each month, not only will your income increase, so will your wealth savings account!
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