“You need to recognize that your entire life is in your head. It’s the way you think. It’s the software system for your life computer, and if you want to change your life, it will have to start with the way you think. Choose your thoughts carefully.” ~ T. Harv Eker
We’ve all heard stories of people who come into sudden wealth, for example, they win the lottery only to lose it all a few short years later. They lose it all because they don’t know how to handle money.
Their financial mindset in regards to money does not fit in with their new level of wealth – and in the end, the mindset will always win. It will get you right back to where you’re most comfortable which is exactly where you’ve been most of your life.
If that’s debt and struggle, then that’s where you’re destined to end up. Why? Because we’ve been programmed to live that way for so long that it feels “comfortable” and “familiar” to us.
Children learn by creating new connections in their minds that are reinforced over and over again. That’s how we all learn a new skill or create certain expectations, through practice over and over, creating new connections and inroads until it becomes second nature.
Holding On To The Small Stuff
How many times has something good come your way, just to be met by something not so great shortly afterward? What’s the common response? “You see, I knew it! It was too good to be true!” That’s a glimpse of your subconscious programming revealing itself to you!
If you can’t hold on to the small blessings, how will you handle the big ones? I believe that most people would end up in a similar position should they come into sudden wealth because they’d consider all the new money to be ‘excess’ money which they didn’t need or subconsciously didn’t deserve, and would unconsciously find ways to spend it and get rid of it really quick and get back to the familiar.
A million dollars doesn’t last long when you don’t know how to handle it. The same thing can happen when you start a business and it becomes a hit. Everyone’s buying your product, and you’re growing faster than you ever dreamed.
The money flows in fast, and you become a ‘sudden success.’
Many entrepreneurs who go through this crash and burn in just a few years. Do you know why?
It’s because it came too fast and they didn’t have enough time to develop the critical skills needed to know how to manage money. They have no idea what to do with it once they have it. And they simply don’t know how to hold onto it!
The Value In Striving To Succeed
The reality is, there’s a tremendous amount of self-satisfaction that comes from overcoming adversity and dealing with all the headaches and hassles that come from hard work. Even Dorothy had to overcome some pretty overwhelming challenges that taught her valuable lessons during her journey to the land of Oz. Through it all, It teaches you how to handle the results of your newfound success once you do finally experience it.Slow and steady success is much easier to handle than sudden wealth because it gives you time to adjust slowly, make corrections along the way and hone your skills to grow steadily over time.Click To Tweet
Let’s say it takes you ten years to accumulate the millions of dollars you’ve always dreamed about. Now you’ve got the money, and you’re on top of the world. You’ve worked hard to get there, put in a countless number of hours, overcome many obstacles and challenges along the way.
That’s what makes it all worthwhile! That’s what a lot of people don’t get – that the knowledge you acquired, the feeling of satisfaction you feel and the skills you develop along the way, is as much of the reward in and of itself, as the result.
Without those skills, if the money disappears real fast and you
Armed with experience and know-how, you’re able to siphon all the money you can out of it, then find another market or niche and “rinse and repeat” over again.
Consider your own journey towards building a successful business nothing more than a series of frequent failures, interrupted by the occasional success that grows more frequent over time.
The successes can more than
When you have the proper mindset and over time develop the skills needed to overcome those intervening failures and challenges, you’ll be well prepared when the big successes come your way. You’ll be able to exploit each one fully and know how to leverage it to create even greater wealth for you and your families future.
I’d never trade the experiences, valuable lessons learned or the new skills I’ve acquired, for a pile of cash! I hope this helps you see the big picture and encourages you to keep pushing forward. Remind yourself, this is a journey like no other and nothing is going to stand in your way of reaching the rainbow at the end of the yellow brick road.