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Monday, September 27, 2021

Organization

Organization

What does your closet look like?  Is it all tidy and colour coordinated and arranged by season?

 

If so, move on… And for the rest of us who have closets full of clothes from ten years ago that we will fit into one of these days – or that style will surely come back – or this is a classic – it will go with everything… You know who you are… or maybe you can’t even close your closet because the shoes are spilling out onto the floor…

 

Life is like a closet.  We hold onto past thoughts and emotions and we think if we hold on to it long enough and tight enough something will change – it will fit now – it will be all right – or we hold on because we can’t let go of the pain.  As one of my mentors says – let the dead bury the dead.

 

It is time to clean the closet and let go of all that dead weight. It is time to organize and compartmentalize all those things in that closet – put the shoes here, the belts there, the ties or purses in their spot and let’s now get rid of our high school prom dress.  It is time to make room for all the new things that we will acquire.  Make room…

 




When you organize anything, a closet, a drawer, a thought, a process, you suddenly find you have room.  Room for something new.  If you hold onto all that old stuff, there is no room for anything new.  No new relationships or job opportunities, or whatever it is you desire because you don’t have room.  You don’t have the bandwidth to take on anymore until you clear out all the old. 

 

We can’t change the past so why hold onto it?  Get out the duster and boxes and let’s release all that which we no longer need or want and let’s make room for all that which we desire.

Organize your life as you would a closet.  Remove the old and make room for the new.


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Sunday, September 12, 2021

Multiple Sources of Income


 

Multiple Sources of Income

 

Most of us earn income by trading time for money.  In other words we go to a job, work a set number of hours and are compensated for those hours.  So we trade our time for money.  Keep in mind everyone has the same number of hours in a day so if you work harder or longer, you can only work up to 24 hours a day as that is all there is.  So there is a limit to how much time you can trade for money.

 

Some of us earn income by trading money for money. An example would be investments that generate income through dividends and interest.  We are no longer trading our time for money because it is working for us while we do other things.

 

Few of us earn income through multiple sources.  This is how most people who have wealth build it. Multiple sources of income is having income coming in from different avenues that do not require trading time for money or trading money for money but a combination of many different ways to generate income.

 

The advantages to having multiple sources is that if one slows down, there are others to pick up the slack so it isn’t as painful as losing a job or losing on the stock market.  Another advantage to having multiple sources is that there is no longer a dependence on trading time for money, which is the slowest and most difficult way to build wealth. 

A third advantage is that new options become available to serve and do good work which is what most of us want.  No one lies on their deathbed and wishes they had spent more time in the office.  We all want more time with loved ones and to do those things that bring our souls pleasure such as giving and serving others. 

 

Creating multiple sources of income is not as hard as it sounds.  Start small – take out a piece of paper and draw a circle with a dollar sign in the middle representing your income.  Then draw a few circles around the page.  In one, put your job if you are employed.  In another put your investments like 401(k), then in a third think about how you can generate more income.  Are you in any affiliate programs?  Do you have a blog?  Do you give seminars on the weekends?  Do you sell products on the side?  Do you have a hobby? This is a place to start. 

 

You will find that as you begin to think about what you love to do, your creative mind will open doors to new thoughts and ideas.  Write all of these down.  Some will turn into viable income generators and others won’t.  If you don’t try, then you give up on the opportunities that are


If that sounds like something you want to develop, let's connect!

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