By a show of hands.
How many people want to earn lots of money in their business?

Wow. That’s a lot of hands.

Now by a show of hands.

Who wants to live a meaningless life and die impoverished?

Yeah. Didn’t think so.

When I was 17 years old I set a goal for myself, that by 35 I wanted to have made my first million.  This year though close to my goal I decided to give myself till 35yrs 364 days. I have less than 330 to go.

Today I made an interesting discovery. I am not really interested in money!

Now don’t get me wrong, I want to be very successful. I want to travel, take care of my family, give charity and enjoying the fine things in life, but I am not excited by money.

If you give me a $100 bill I will not get palpitations, enter a state of Ecstasy, or spend time admiring the artwork. I will thank you put it in my wallet and put it to good use.

The mind can only hold one thought at a time.  If you wish to be successful in your life’s passion, how can you accomplish that if all you are thinking about is making money? If you are focusing on money, your mind is not focusing at all on what you really enjoy.

Imagine driving from New York to Florida and only looking at the odometer. Do you think you will get very far?

If you want to achieve success then its time to take a Sabbatical from thinking about money.  If your business/passion is of value, by focusing all your energy into developing yourself, and serving your clients/customer, you will almost be guaranteed financial success.
If you focus on money then you will never arrive at your destination.

My passion is helping others, the path that I am expressing that through is Coaching.  Every time I think about money, it is time I am taking away from supporting others in their success.

” I am now taking a sabbatical from focusing on earning money”

Whose with me?

Wishing you abundant success,

Rob

What Are Your Dreams?
Let’s work together to help each other realize our fullest potential.
Join our group Coaching Abundance and bring your dreams to fruition.

In the financial investment word, you often hear the term ‘Asset Allocation’.

Asset allocation is a term used to refer to how an investor distributes his money (assets) among various classes of investment vehicles (e.g., stocks and bonds). Depending on the persons goals and desired level of risk, the asset strategies can be quite varying. Even if an investor is going for aggressive growth and high risk, he will often spread his money over a number of investment.
The logic being that not all your eggs are in one basket. If one investment crashes you don’t loose everything.

What about your personal assets?

Your strengths and skills are the assets that make it possible to earn a livelihood.

Most people have one source of income, a few have some investments that give some dividend revenue, or are set up as a retirement fund, but those are often set up for when the person retires and no longer has their main income source.

If putting all of your financial asset in one investment is a foolish idea, is it not equally foolish to invest all your personal assets in only one job/career/source of income?

Job security is a thing of the past. Todays ever changing world requires strategies for ensuring that you always have a continual source of income.

The strategy.

Effectively allocating your personal assets to create multiple streams of income.
When you know your strengths and skills you can effectively direct them to opportunities that will generate income (active/passive) for you.

A good example of personal asset allocation is Dave Gordon. Dave is a skilled writer and speaker. He as used this ability to:

Become a freelance journalist.
Create a University based news paper.
Work as an editor for the National Post.
Set up a blog.
Start is own radio show.
Write a book.
Note taker for University Grad Students

I’m sure there are more, but seven streams of income mean that Dave always has money coming in. He could loose half his income portfolio and still be financially sound.

The starting point is discovering your strengths and skills. There is a site called Authentic Happiness.
On the site there are an assortment of free assessments that you can take. The “VIA Signature Strengths Questionnaire”
measures 24 character strengths, and is a good starting point to help gain awareness of where to focus your energies.
After beginning to get an idea of your strengths and skills, you can put a strategy together to allocate your assets.

Two books by Robert G. Allen are worth reading.

Multiple Streams Of Income

and

Multiple Streams Of Internet Income

Both of Allen’s books give you some great ideas on how you can direct your talents.

Placing all your personal assets in one basket(job), is a recipe for disaster. Were will you be if that source of income is cut off.

Taking control of your abilities can lead you to enhanced control of your income, your life, and your freedom. Your future is defined by the actions you take now. Begin to discover your strengths, skills and passion. Then play with the possibilities, where else can your value be realized.

If you hit a wall feel free to contact me. I would be glad to assist you in reaching your highest potential.

Have a great weekend.