What Will You Do With the Money? Pt. 2
A fundamental question that answers more than just your financial future.
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In Pt. 1 of this letter, I mentioned the first 8 lessons about money that I’ve either learned or am continuing to learn.
As a reminder, here are the total 15 concepts on money to consider:
How many hours you work is not the same as how you use the hours you work.
If you’re always chasing money, you’ll never catch it.
Money is a tool, not a goal.
Long term planning protects short term seasons.
If time is the most valuable currency then why aren’t we talking about an abundance of time when we talk about wealth.
There’s a difference between rich and wealthy.
Build your business around your life, not your life around your business.
There is an art to making money that is unique to every individual.
If you’re presently happy, more money won’t be about an upgraded lifestyle.
Cultivate quiet money.
Sometimes the opportunity isn’t the money.
Ethical wealth creation makes abundance for the world.
What and whom we place “value” on determines more about how we value ourselves.
Create leverage from your talents, the ability reach others and automating how you deliver value at scale.
When you put your happiness, health and God (faith) first, abundance will come naturally.
Let’s expand on the remaining 7 here👇🏼
If You’re Presently Happy, More Money Won’t Be About an Upgraded Lifestyle
…but an upgraded lifestyle might come organically with more money.
Too many people upgrade their lifestyle as more money comes in.
I work in the opposite direction.
I continuously get rid of things that I don’t need, but keep the quality things that offer me the greatest long lasting sustainable return on my happiness and peace.
The more happiness, peace and joy I cultivate without all the “things,” the less I need as more money comes in.
Now, I’m not saying don’t spend the money.
What I am saying is that I don’t need more to be happy, which has ultimately caused me to earn more and be in a position to do more.
If I need to expand in any one area of my life, I can and will do so, but not from chasing a lifestyle but optimizing it.
Additionally, Ryan Holiday mentioned that Seneca once famously said,
Poverty wasn’t having too little, it was wanting more.
Seneca wasn’t talking about poor people, he was talking about rich people who were insatiable with more… “rich” is having enough.
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Cultivate Quiet Money
In short…
Not everyone needs to know your business.
Earn with your mind, not with your time.
Invest in the activities and things that bring you the greatest returns.
The loudest one is usually not the wealthiest, nor the happiest.
Learn to integrate all the areas of your life (and through systems) so that you can continuously earn from your gifts and talents.
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Sometimes the Opportunity Isn’t the Money
Whether it’s a job, earning money from your art, talent or skills, or simply negotiating a deal for your brand… personal or business…
sometimes, the opportunity isn’t the money but the ability to turn it down if it’s not in alignment with your values…
thus creating two opportunities.
Doing the right thing for you and not compromising your long game.
Creating the space for an even bigger “earning” opportunity based on alignment and your merit.
I did a whole letter on this topic and you can read it HERE
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Ethical Wealth Creation Makes Abundance for the World
I also did an letter on this and you can find it HERE
Two points I want to make here:
Creativity, integrity, societal gain and wealth are not mutually exclusive, they are paramount to abundance & prosperity.
Transparency, respect & integrity is far more profitable as a positive-sum game enjoyed by all parties involved
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What & Whom We Place Value On Determines More About How We Value Ourselves
In other words, you must constantly develop a relationship with your worth and value so you understand where to place your time and energy.
What we give the most energy to often reveals more about ourselves than anything else.
The most important thing you can develop is your relationship with worth and value. You were born with both, but its your job to cultivate and respect it.
The more you value yourself, the less likely you are to be taken advantage of for it.
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Create Leverage From Your Talents, the Ability to Reach Others & Automating How You Deliver Value at Scale
Earlier I mentioned leverage and the digital age so I leave you with this thought.
First, your talents are what companies are willing to pay you for with a set salary in mind… or you’re willing to manage on your own for an unlimited amount of earning potential.
Second, in today’s day and age, you can reach even the smallest number of people online who would happily pay you for that talent… and you can set the standard for your value based on your skill level and mastery.
And finally, technology has given us the ability to use software and systems at minimal cost to amplify our value and earn more in less time.
If you don’t know where to start, find online creators, go to YouTube and learn everything you can about building your brand online (AUTHENTICALLY) and earning a living from delivering your value at scale.
Again, I’ll be addressing this in my upcoming Masterclass, waitlist here
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When You Put Happiness, Health & God (Faith) First, Abundance Will Come More Naturally & Swiftly
Often we chase the external for a multitude of reasons putting our health, happiness and faith further down our priority list.
When I have this, I will take care of my health.
When I achieve this amount of money, I will be happy.
And so on…
It’s a lie.
In fact, by putting my health, happiness and God first, I was able to do better work, amplify my creativity, become clearer on my direction, remove the non-essential things in my life and trust my intuition even more.
The results… a calm mind, a connected heart and a clear vision.
More results… a better living, more time and less stress.
Not chasing caused me to receive faster… especially because I was more aligned with my decisions.
Simplify, Multiply, Diversify below…👇🏼
SIMPLIFY…
A really great signal of wealth… living where you want to wake up on a Saturday morning…
Derived from a quote from my good friend Philosophy of Leisure on Instagram…
MULTIPLY…
When you focus on lack, you lose what you have. When you focus on what you have, you get what you lack.
- Greg McKeown
DIVERSIFY…
There is an art to making money that is unique to every individual. The niche is you.
Think of this from the acclaimed Japanese word, ikigai… which refers to a passion that gives value and joy to your life.
Every individual’s path can be created from figuring out the intersection of what you love, what the world needs, what you are great at and how you are paid for it.
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