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Financial Mindset & Success
By Miata Edoga of Abundance Bound, Inc
The first step towards any success is mindset. What we want to get at is that the problem is that many of us never get past the wanting phase of anything. It is safe to assume that everyone reading this wants plenty of money. Maybe we daydream about the houses we will buy, the cars we will drive, the places we will visit. The problem is that simultaneous to the wanting, we become very caught in the negative “realities” of today, and our situation within it. Examples of this are: loads of debt, difficulty covering our bills, not enough money for the things that we need, let alone want, etc. Our conversations about money tend to be negative. It is acceptable to complain about high gas prices, landlords putting up the rent, or an acting teacher being extremely expensive, whereas we have all been taught that it is not polite to discuss the return you got on an investment, or the price of your new car. Someone says to you at a party “I made $100,000 on a $20,000 investment”, and what is your first thought: “They’re bragging”, or “They’re cocky”, or even “They’re tacky”. However, put that same person in a room of financial successful people, and the response will be very different – “How did you do it?” , “How long did it take?”, “Are there other opportunities available?” Successful people are eager to hear the details of another person’s success, to see whether there is knowledge, expertise and opportunity that might benefit them. The difference, when it comes down to it, is mindset. We have a tendency to dismiss this type of thing as fluff, but the power of the subconscious is not to be underrated. We have all experienced stiffness in our back, or unexplained headaches, that always seem to arise when we are angry, or stressed, or unhappy. What these are is physical manifestations of a mental condition. So if it happens with negative thoughts, why can’t it happen with positive ones? When we pursue an artistic career, we expect to struggle. And, almost without fail, the people in our lives re-enforce that belief. The first place we start when working with clients at Abundance Bound is their mindset about money, because everyone’s financial rises or falls on this. We all have years of financial conditioning to overcome, and there is no quick fix to it. However, if it is not dealt with, and dealt with aggressively, this one thing will put a permanent hold on your financial growth. Just like you cannot go to the gym for a month, and expect to be fit for your entire life, so you cannot exercise your financial muscles briefly and hope that they will stay strong. Growth is a daily thing, not a once thing, so commit to doing something daily that will strengthen your financial muscels, and you will be amazed by the results that you get in the next few years. |
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May, 2012
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