FBC – 307 – Want to make more money? Then do this… If not good luck to you

Today, I want to tell you about one of the keys that successful people use to get further in life and eventually make more money. Failure to do it, could result in you being even less successful and more stressed than you are right now.

A simple mindset switch that can make a huge difference.

All the answers are in today's episode.

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This is a discussion that I had with a friend recently. Well, if it's the first time you’ve heard this, I just sold my apartment recently. This is going to save me around $785. And that person was like dude what are you going to do with this extra money?

And this is actually a very good question and it's a very, very important subject, OK, because people assume that some people who have success, have success because they were just smarter and they have some magical power or something or some knowledge that you don't.

OK, but it's a commitment when you're striving for success and everything, it's the commitment. It's not just the tools that you use or the strategy that you use and stuff. There is a whole lot of stuff around it. And mind-set is one of them. Money management is another one. And this is pretty big.

I'm going to tell you what's going to happen to this money and why I think it's important. It's not just how smart you are and stuff. There are a lot of things that come into play. And one of those things is your approach towards growing your business and how you manage money.

So with this extra money, my life is not going to change. Right. I'm going to stay the same. What I tried to do, for example, let's say I want to I want to invest. For example, a new staff member or a new tool that will support a strategy of mine.

And instead of like paying for it and having it out of my pocket, what I will try to do is to find a way to finance it. OK, so I will find something that finances whatever it is that I'm trying to do. OK, so there are two ways of doing this. So either you find something that you know that works and makes you more money so that you can use that money to go and pay it, or you find a way to save money so that you can reuse that money and use it for something else.

So here in this case, I'm saving a lot of money now. Every single month I'm saving close to $800. So this money there, it's not just going to like bottles in the nightclub or something like that. It's going towards my projects.

Want to make more money? Then do this… If not good luck to you

So, for example, there are things that I don't want to manage. You know, there are some people who are far better equipped than me to manage social media and stuff like that. So there is something that I want to do. For example, I'm looking for someone who good at Pinterest, but it's a budget. You know, some people might ask you like 500 bucks or something to manage your whole strategy and stuff.

But see that money that I have now, those 800 bucks, I can actually find someone who will take care of whatever I need to do to take care of. And even if I have to pay someone 500 bucks for it, I still have close to three hundred bucks. If I compare it to last month, I still have 300 bucks savings. Nothing has changed too much.

But I will have another weapon in my arsenal and a little bit of savings. But this $300 extra, I will find a new tool. So I found a tool today that's absolutely beautiful and it solves a problem for my latest strategy.

So what I mean here when you are that committed, then you're driven and you want to succeed and stuff. It's a commitment in your mind-set. OK, I know some people, if they had $800 extra, that they will go and spend it in the nightclub or something after like two or three days, it will be gone, buying expensive shoes, buying this, buying that and all that stuff. And it's not my case.

I'm not judging people. Right. I'm not saying it's good. I'm not saying it's bad. What I'm saying here is what I'm going to do with that money. The mind-set, you know, the grit, the determination, the networking, the constant hunger for knowledge and stuff. So this is something that I think that would be nice for people to integrate in their life.

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HELLO AND WELCOME!
My name is Martin and I’m the creator of the MARTIN EBONGUE BLOG. Understanding how to create passive income, how to start businesses that run without me & how to make money online changed my existence. It allowed me to travel full-time, have ton of fun and live life on my own terms.

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