Last year, after embarking on quite a lot of personal development myself, I decided to write my first eCourse on the topic. A couple of hundred people took the course and I’ve enjoyed mentoring, and continue to mentor a few of the people that took it. The time has come to retire the course and make space for new projects. It seemed a waste to just throw it away, so I’ve decided to post it here. I hope you find it useful.
Part 1 – Awareness
Part 2 – Motivation
Part 3 – Your Lifestyle Blueprint
Part 4 – Your Map
Part 5 – Mindset and Your People
Part 6 – Setting and Achieving Goals
Part 7 – Managing Your Money and The Fulfillment Curve
For many people, the lifestyle blueprint is a real eye opener. For the first time in your life you may have discovered and acknowledged one or all of the following;
You don’t need to work 40/60/80 hours a week to earn the money you need
You don’t need to work for someone else
You have followed the wrong career path to please others or because it was high paying or prestigious
That you’re ‘selling’ large increments of your life and have nothing to show for it, except for a few shiny gadgets
To achieve the life you dream of you need to change your work
To achieve the life you dream of you need to adjust your mindset and how you approach making the money you need
To fulfill your purpose you need to become self employed or set up other income streams
I made similar discoveries to these myself after reading the book Authentic: How to Make a Living by Being Yourself.
I had never been told by anyone that I could work for myself. It wasn’t until around this time that I reconnected with my dad, whom I hadn’t seen since I was very young, that I found out he was an entrepreneur and businessman. Just so happens that business and entrepreneurship is in my blood! For quite a few years I struggled with the idea of employment. It was only once I’d discovered that you could employ yourself did the barriers lower and I was able to start feeling successful.
You may not feel like a natural entrepreneur but you may find that to create the income, freedom and purpose you desire; that you need to become self employed, start a business or create multiple streams of income.
I’m not against employment if it’s a fair value exchange and it fits in with your wider goals in life. Unfortunately this is rarely the case for a lot of people. Many people feel that their work ‘steals’ their life and provides little in return. I hear a lot of people complaining about this, and yet they do nothing about it. They say that they can’t afford to make changes, that they need to pay the mortgage.
There is always a way to make the change, if that’s what you want.
This is where you can always go back to your reason why. When faced with a decision you can go back and consider;
Is my reason why more important to me than my bigger-than-I-need-house?
Is my reason why more important than driving a brand new car?
Is my reason why worth more than tying myself to a sixty hour a week job?
Use these questions and your lifestyle blueprint to establish whether your current work is moving you towards your goals or away from them.
The choices are there and they are yours to make. Never take to pitying your own situation. Our country is one of the richest on the planet, we know that things aren’t perfect. Life isn’t perfect. It’s part of the fun to overcome the obstacles and find your way through to where you want to get to.
The key is to stop blaming everyone else, it doesn’t get you anywhere and it hands someone else the power. Always assume responsibility for your situation whether you see it as your ‘fault’ or not. By assuming responsibility you give yourself the power to change it.
If you need to cut back to make your dreams happen, then cut back. Let the ‘Joneses’ think what they like, because when you’re living the life of your dreams they’ll be the first in line to ask what your secret is.
Over the years we’ve made do with smaller houses and second hand cars. We’ve never bought each other Christmas presents and we didn’t spend a lot on alcohol fuelled nights out when we were young. We had our first home at 17 and a mortgage by 20. We had our daughter at 22 and then we upgraded to a two bedroom house. Finally last year we were able to get the house we really wanted. Ten years of sacrificing in other areas has meant that we’ve been able to get the house we wanted without having to compromise in our work. We haven’t done it all right, we had a few blow out periods along the way. If we hadn’t had these we’d be a bit further forward than we are now, but in general we’ve followed our lifestyle blueprint and we’ve been very pleased with the results. We know we’ll never need a house that’s larger or in a better area than what we have. This leaves us free to pursue our other goals. One of which as I’ve mentioned is financial freedom. Barring replacing cars and upkeep of our home we’ve collected all the ‘stuff’ we need. We know that our living expenses will be fairly static now. We have the time and freedom to pursue the things on our lifestyle blueprint, the things that really matter.
Making the shift
Making the shift starts with your mindset.
1. You don’t have to sell your time for money
2. You don’t have to be employed by someone else
3. You don’t have to work overtime, unless you need more money
4. You don’t have to have just one source of income. £1000 from a job is exactly the same as £200 from 5 income streams.
5. You can have multiple ‘jobs’ or projects on the go at once
Creating new income streams
What skill, hobby or passion could you develop to create a new income stream?
A second income stream gives you the experience of making money for yourself.
A second income stream may mean that you can begin working less hours.
A second income stream can help you pay off debt and begin working towards financial freedom.
Becoming self employed doesn’t necessarily mean starting a big business or quitting your job. You can make the shift gradually. Start with a small side income and build up from there. Set yourself a daily goal.
Stop doing one thing that is wasteful of your time and switch to focusing on your money making muse. My first switch was tv soaps for blogging.
Make this week about exploring your options with fresh eyes. Perhaps you can’t give up your job right now, but I’m certain there are steps you could be taking towards that goal.