Find Your Cash Machine

One of the speakers I really enjoyed listening to at Wealth Mastery was Loral Langemeier. She had a no nonsense approach to finances. Her first steps are where are you right now in your finances and where do you want to be. How much passive income will you need to have total financial freedom? I know that I don't really know what that amount is so I am guessing and stating $100,000 a year. Broken down that is $8,333 a month or $2,083 a week or $416 a day. I can't even imagine the $100,000 but $416 a day I can imagine. No, not that I have any idea of how I would do that, but it is a number that is easier for me to believe.

Now that I have a goal, I need to make my cash machine. What is a way I can go out and make money outside of my job within 1 to 2 months? This was very hard for me. She said to do what you know. Take skills you already have and use them, not necessarily the dream job you want or the dream business you would like to open. That can come later, for now you just find a way to use the job skills you have now as a part time business. This is easier if you are lets say a teacher. You could tutor on the side, or even better open a tutoring business where you are the manager and you hire other teachers to tutor. She makes it sound so easy. Well, I have no idea how to take my job and turn it into a part time business. It is not as cut and dried as being a teacher. So I have decided to use not my job skills, but my job experiences. I am going to start a website geared to my industry. And since I work in the entertainment industry, maybe I can attract the general public as well. Seems like everyone likes to read about Hollywood.

I actually have a free coaching session that Loral gave me with one of her millionaire coaches and will see if the coach agrees that this should be my cash machine. I will blog about it after the meeting!

Listen to your thoughts

I just saw a lady going through the dumpster at my apartment.  My first thought was that I need to make more money so I won't have to live where I see people trash picking.  Then I caught myself and thought that I really want is to live in a world where people don't have to scavenge to survive.  The difference between the two thoughts is one of scarcity and one of abundance.  This showed me that I still have a way to go in changing my thinking.  But at least now I catch myself and change my focus.  Where focus goes energy flows!  Keep listening to your inner voice and it will show you where you are headed.  I am heading towards abundance.  Where are you heading?