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Day Six : Creating Money - PART I

Day Six: Creating Money

Discovering the secrets of the millionaire's mind

Let's start with a very short Story so :

In days gone by, there was a wealthy man who had a wonder­ full steam ship, but as is the way with expensive things, it was prone to breaking down. One day, after a particularly difficult journey to a foreign land, the engine failed and no one could get it going again.
One by one, every mechanic and engineer in the land was summoned to try to fix the engine, and one by one they failed. Finally, word came to the wealthy man of a wise old ship-maker who might be able to help, but at a hefty price. The wealthy man agreed at once.

Soon, an old man who looked as if he must have been fixing ships for a hundred years arrived. He carried a large bag of tools, and immediately went to work. He inspected the large network of pipes leading to and from the engine very carefully, occasionally placing his hand upon the pipes to test for warmth.

Finally, the old ship-maker reached into his bag and pulled out a small hammer. He gently tapped against one of the pipes. Instantly, the sound of steam rushing through the pipes could be heard and the engine lurched into life as the ship-maker care­fully put his hammer away.
When the wealthy man asked the ship-maker what he owed him, the bill came to over ten thousand pounds - a princely sum in those days.
What?' the wealthy owner exclaimed, outraged. 'You hardly did anything at all! Justify your bill or I will have you thrown into jail.'

The old ship-maker began to scrawl something onto a ragged piece of paper he pulled from his pocket. The wealthy man smiled as he read it and apologized to the ship-maker for his rude behaviour.
This is what it said:
For tapping with a hammer :  £1 For knowing where to tap   :  £9999 
THE Wealth of the World
You are one of the wealthiest people who has ever lived. Now, I don't know you, of course, but I can still safely
make my assertion because our modern
culture is so much wealthier than any
previous society in the history of
mankind. In fact, when I walk down the
street in almost any city I visit, I'm
struck by how much wealth there is in the world and how few of us are truly aware of it.

Real wealth isn't just about money - it's about your access to resources, whether or not those resources tech­nically belong to you. The Indian guru Swami Muktananda, upon arriving in America for the first time, stood in the airport and said:
They live in paradise, yet they will never know it.' Just think about what you have accessible to you even if you have virtually no money at all - beautiful streets and parks to walk through, libraries, more music, film, theatre and sport than ever before, schools for your children and hospitals for your body. In short, things that were only available to the privileged elite a few short centuries ago probably feel like your birthright. 

Of course, wealth is also partly about having money. And today we are going to focus very specifically and very deliberately on that one thing - money.
All About Money
The earliest system of trade was bartering. Coins were the first officially sanctioned IOUs, used to represent the value of things in the world. Then came paper money. A banknote or a dollar bill is essentially an IOU from the government. Until recently, they used to print only as many notes and bills as they had gold reserves to back up.
However, in the 1940s the governments of the world decided to abandon the gold standard system. Since then, they have been printing money as if it was going out of fashion. Now, the gold in reserve is only a fraction of the amount of paper money in circulation, and even paper money is being replaced by plastic credit cards and numbers in computers.

So money is essentially a symbol of value - that is, it represents value although it has no inherent value of its own. Since our money is no longer backed by gold, why do we still act as if it's worth something?

because of our confidence or faith in the source of the money, in this case, the government that issued it. This leads us to a simple yet radical way of thinking about money:
Money is a symbol of our confidence in our product, our service and ourselves! 

The more confidence we have in ourselves and/or our product or service, the more we will be able to charge for it.
And here's the really good news: if money is confidence, and confidence is a state, then you already have every­ thing it takes to make all the money you could ever possibly want - you just have to choose to cultivate it!
$$$ How I Became a Millionaire $$$
Before I started using the techniques I will be sharing with you in this chapter, he said :
"I was in debt, living from day to day in a tiny room I rented in someone else's flat. I had a small circle of friends, a job I didn't really like, and it was an effort to get myself up and out of bed in the morning.
Within a few months, I had completely transformed my financial situation. I made more money in those few months than I had in the previous few years. This new pattern in my life started a chain reaction, and I began creating money everywhere I looked. I developed an amazingly successful second career, the success of which is probably why you're reading this book, and my circle of friends expanded to include people who I'm proud to number among my friends nearly two decades later. Within a few years, I had become a millionaire. "

How to Overcome the Poverty Consciousness
Research has shown that a massive propor­tion of those who get sudden large sums of
money, for example, from lotteries or inheri­tance, are almost guaranteed to lose it all
very quickly. In fact, 80 per cent are actually worse off financially just two years later. That's because inside they still feel poor. 

n psychology, this is referred to as 'the Pygmalion effect', or the 'self-fulfilling prophecy', which I've talked about already. What we expect to be true in our minds will tend to become true in reality. Even if our expecta­tions aren't initially accurate, we act in ways that are consistent with our expectations. Those actions then create the results we expected, and the 'prophecy' of our expectations is fulfilled.
If you believe you can't really become wealthy, you will speak and act consistently with that belief and in most cases 'prove' yourself right. Similarly, if you change your expecta­tions of the world to reflect your infinite potential for wealth, you will quickly generate the thoughts, feelings and behaviours that will draw money to you. 

Some people who grew up in the last century during the depression, or experienced the rationing of food and essentials during World War II, still carry an unconscious belief that 'there just won't be enough to go round'. And many of them have unconsciously passed these limiting beliefs on to their children.
Even if you believe some of these things are true, it is important that you recognize the inherent problem:
If you believe money is bad in some way, you will unconsciously sabotage your attempts to create more of it in your life.
I've found that most wealthy, successful people tend to share the same simple habits and beliefs about prosper­ity. However, I believe that many people unknowingly use this same powerful principle to keep themselves poor, through the beliefs and habits they have towards money. 
Instead of taking responsibility for their beliefs and actions (and therefore their wealth), they use their lack of money as 'proof' that they are meant to be poor. They have affirmed their poverty over and over so many times that it unwittingly became a self-fulfilling prophecy, a poverty consciousness. 

This is not to say that if you are poor, it is in any way your fault. We are not responsible for the hand we are dealt, but we can and must take full responsibility for how we play that hand.
For example, some artists believe that they cannot have commercial success, because it would 'compromise their artistic integrity'. Other people believe that you can't be a good person unless you are always putting others first, even if it's to your own detriment. Some people stay poor because it feels safer - it's what they know.
As you use the what if you Change Your Life in Seven Days system you are going to let go of any old limiting ideas you had about money and re-programme your mind to become more prosperous and think like a millionaire. Here are two mental 'laws' that explain why some people become stuck in a never-ending loop of poverty while others seem to turn everything they touch to gold. 

1. The Law of Reversed Effort
One of the most important ideas in hypnosis is called 'the law of reversed effort'. It can be summed up in the pop psychology phrase:
What you resist persists.
Some people have deep-rooted beliefs that keep them poor. For one reason or another they sabotage themselves getting rich. No matter how hard they try consciously to get rich their unconscious beliefs will not support them and they end up sabotaging themselves.
yet the law of reversed effort teaches us that if deep down you think of yourself as poor, you'll constantly fear poverty. Since what you focus on you get more of, poverty is usually exactly what you'll get.
2. The Law of Attraction
Have you ever thought about someone and, moments later, the phone rings and it's them? How did you explain that to yourself? Was it telepathy? Coincidence? Magnetic attraction? Or perhaps you were thinking about getting a particular car and then suddenly began seeing that type of car everywhere. How did you explain that?The Law of Attraction states:
What you focus on consistently, you get more of in your life. 

If you focus on poverty and lack, you will tend to get more of that in your life. If you focus on the wealth that is already there, you will tend to get more. Those who focus upon the positive in life and attract it to them are called 'lucky'. I personally believe we can create our own luck. That is what's meant when it says in the Bible, 'As a man thinketh, so is he.'Whether you choose to believe in the law of attraction or not, it's inter­esting to note that many highly successful people do. This is one reason why rich people tend to asso­ciate with other rich people and why they get richer. Your thoughts are an energy that is both powerful and creative. 

When asked the secret to great wealth, billionaire H. L. Hunt gave a simple four-step formula:

  • I. Decide on what it is that you want
  • 2. Decide what you are willing to give up to get it
  • 3. Set your priorities accordingly
  • 4. Be about it! 

Money, Happiness and You
Before we go any further, let me ask you a question:
What would having more money give you that you don't already have?
Whenever I ask this question on my seminars, people answer things like 'happiness', 'freedom', 'security' or power'. However, money itself is not the source of any of these things. Each of these words represents a state you can generate within you, a neuro-chemical event in your body and mind. Let's face it - if money was really the key to happiness, freedom, security or power, people like Kurt Cobain, Elvis Presley, Marilyn Monroe and John Belushi
would still be with us today.
Here's a corollary to the law of reversed effort:
If you want to get something in order to feel a certain way, feeling that way now will be the fastest way to get it. 

Try the following technique to apply this principle to creating financial abundance! 

ANCHOR YOURSELF TO WEALTH1. Make a list of all the states and feelings you believe money will bring you.
Examples: confident, happy, peaceful, generous, etc.
2. Choose the first state on your list. Remember a time when you really felt that way. Fully return to it now - see what you saw, hear what you heard and feel how good you felt. (If you can't remember a time, imagine how much better your life would be if you felt that way now!)
2. Keep going through this memory. Make the colours brighter and richer, the sounds louder and the feelings stronger.
3. As you feel these good feelings, squeeze the thumb and middle finger of one of your hands together and say the words 'I am wealthy!' in your mind or out loud.
4. Repeat steps 2-3 with each emotional state on your list. Soon, just squeezing the thumb and middle finger together and repeating the phrase 'I am wealthy!' will begin to bring back all those good feelings you associate with wealth.
This is your 'wealth anchor'. Use it any time you are thinking about or wanting more money to condition yourself for success! 

Success, Money and Time
Another one of the fundamental aspects of the million­aire's mindset is separating your ability to make money from the necessity of spending time to do it. Trading your time for money is the cornerstone of poverty conscious­ ness. That's why you'll never meet a millionaire working for an hourly wage!
If you want to create massive financial abundance, it is necessary to first recognize that your ability to make money is intimately linked to your ability to add, create and provide value, whether to a person, a project, a company or an enterprise. In fact, I'll say it even more clearly:
Money is one of the rewards you get for adding value to the lives of others. 

In simple terms, in order to create money, I believe you need to give something to the world that people will pay you for, preferably plenty. You might find it useful to ask yourself the following wealth-producing question:
What unique product or service would I like to provide that will be of massive value to the world? 

Part II Click Here
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