Friday, September 29, 2017

Will you become a badass at making money after reading Jen Sincero's book?

If you aren’t making the kind of money you want to make and are new to the self-help genre, Jen Sincero’s You Are a Badass at Making Money: Master the Mindset of Wealth might give you the motivation you need to move your life forward.  In this book, Jen Sincero tells her story of how she went from financial struggle to financial prosperity within a relatively short time.

When Jen Sincero initially considered getting rich, she had some hang-ups about money and wealthy people. Her beliefs interfered with her ability to generate more money.  Thus, she decided to challenge these false beliefs. Sincero believes that others may need to challenge their false beliefs, too, before they will give themselves permission to take the actions necessary to get rich.

Pay attention to your thoughts and the language you use about money. Don’t make statements that limit your ability to earn more, like “I’ll never be rich” or similar types of statements.   Instead, use your language to build yourself up and look out for opportunities that will help you earn more money.
Money is both energy and a unit of exchange.  We receive money for the value we provide to others.  Because what we focus on increases, focus on financial abundance to increase your financial flow.  Focus on your appreciation of money, your plan to get rich, and give as much as you can to prime the pump to be able to receive.

Use affirmations and visualization to create the feeling of abundance even if you are currently experiencing a lack. On a similar note, spruce up your environment to feel better about yourself. This could mean upgrading your wardrobe, cleaning up the clutter in your space, or even moving to a spot near the beach like Sincero did. This move helped to spark her creativity to create more wealth.

Both gratitude and faith are important to cultivate on the journey to becoming wealthy.

These are the action steps to follow to grow your wealth, according to Jen Sincero:

(1) Decide how much money you will make, what you will use the money for, and think about how wonderful you will feel when you get it.

(2) Make a commitment to get the money.

(3) Make a plan on how you will get the money and break that plan down into smaller activities.

(4) Meditate on the life you will create with the money you make and feel deep gratitude and faith that it is on its way.

(5) Whatever you do to earn money, be your best. Give it your best effort.

(6) When the universe offers a solution to your goal of making more money, grab on and take it.

When Jen Sincero became serious about getting wealthy, she created a website,
writeyourdamnbook.com, to help authors write book proposals to become published authors. Jen Sincero already had two published books at that time and she was a successful writer.

In order to do this, Sincero used a coach. The first coach charged her $7.000 but that coach helped her to build her website and so she was able to pay off her credit card bills soon afterward. But even with the website, Sincero was still not earning enough money to make her feel wealthy.

The second coach Jen Sincero used charged her $85,000 for personal coaching. Jen Sincero was able to become a nationally known name after following the advice of her second coach. Sincero obtained the money by borrowing it from a wealthy woman. Sincero recognizes that everyone will not have a wealthy person to tap for money to borrow to receive expensive personal coaching but coaches helped her in creating a better life for herself so she shares what worked for her in her book.

Keep going until you become wealthy.

If you have been reading self-help books for awhile, you are already familiar with most of this since it has been covered in Napoleon Hill’s Think and Grow Rich, T Harv Eckert’s Secrets of the Millionaire Mind, and Wallace Wattles, The Science of Getting Rich.

But if you are new to this genre, Jen Sincero’s book might give you the motivation you need to get started on your journey to creating wealth. Also, she delivers her story with plenty of amusing anecdotes and some cuss words to keep you entertained along the way.

Rating. $$$$ out of 5  This was a fun read, and it is motivational but other than Sincero's personal journey, there is nothing new here. There are no great new insights on how to become wealthy unless you can afford an expensive coach. But I suggest you always try out the less expensive options like joining a mastermind group or finding a mentor at SCORE first before investing in expensive coaching.

Best wishes.

Copyright 2017, Christine Esser

This book was purchased, not a gift.   

This book can be purchased on Amazon by clicking the first link below. Disclosure: We may receive a small commission from your purchase, but this will not raise the amount you pay. Thank you for reading this review. Comments are welcome.  We have not received anything from the author or publisher in exchange for this review. Money Book Millionaire's summary

Thursday, September 28, 2017

Can You Use These 10 Tips from “Work Less, Make More,” by Jennifer White?

Work Less, Make More by Jennifer White is mostly for people who can exercise some control over their own schedule. Thus, if you own your business and have complete control over your own schedule, you will likely find some tips here that you can use to earn more money and work fewer hours.

Work Less, Make More, published by JohnWiley & Sons, is based on White’s 10-step program. White was the founder of a coaching firm, JWC Group, and she created this 10-step program to help her clients redesign their lives to live a more fulfilling life.

The first lesson, if you are currently stressed out, is to determine what is stopping you from living the life you want. After all, you are the person responsible for your life. What is causing you to either work too many hours or not earn enough money during the hours you work? And if you are stressed out right now, begin by taking better care of yourself so that you do not show up appearing stressed out when you interact with your customers or clients.

Create a vision of the life you want to live. Be specific in the number of hours you want to work and the amount of money you want to make. Get a journal and begin using it to monitor your progress in creating a vision for your life.

Second, focus on only doing the things you do best. By focusing on what you already do best, you have a better chance of being paid more and reaching the income target in your vision statement. Become a master at what you do best and you can earn even more.

Third, focus on doing less but doing what really matters to get paid. Follow the 80/20 Rule and focus your attention on the twenty percent that pays you the most. When serving a customer, focus on the top three things that matter the most to that customer.

Remember to eliminate, delegate and automate in those areas where this can be done. Negotiate to have someone else do tasks that are not a priority for you.

Fourth, time is your most important asset so spend some time thinking about how you are using your time. Some people are able to get more done when they reorganize their workweek to achieve more results. White suggests that you rearrange your schedule so that you have laser days (start with at least two) where you focus on the top three activities you do. Also, schedule some support days where you schedule administrative tasks like customer service, creating proposals, paying bills, etc. Third, schedule at least one free day where you do no work at all but instead do what you enjoy, such as hobbies, sports, shopping, beach days, etc.

White suggests that you focus an entire day on each activity. Do not combine laser activities with support day activities because it takes additional time to refocus when we switch activities.  Be certain to schedule all the stuff on your “to do” list into discrete time slots on your calendar

Fifth, say “yes” to yourself and “no” to other people’s requests on your time.

Sixth, find a way to use leverage by duplicating yourself. Duplicating is not delegating administrative tasks, it is finding someone who is just as good as you to get the work done.
An alternative to getting another person to do the work is to use technology and automate the work where possible.

Seventh, add value where you can so that you become the most valuable person to someone else’s success. What you deliver should be more valuable than anyone else’s product or service in the marketplace.  You can do this by focusing on them, not yourself. Also, solve their problems, be a resource for others, and make your work memorable.  Spend more time with your most important customers.

Eighth, your creativity will determine your ultimate success. If you continue to do the same things, you will get the same results. Thus, you need to use your creativity to think of new solutions to earn more. Develop new ways of doing things. Create ideas to fill a need. Create an inspiring environment that is comfortable and pleasant to work in.

Ninth, focus on generating more income. If you create the highest value, you can ask for the highest price. Money grows by time and rate of earnings; thus, you must save some of the money you earn if you want compound interest to work for you. You can create more income in many ways. Some of the ways people earn more money are by creating products to earn royalties, buying properties to have rental income, creating and selling consumable products, and by selling a business that they grew into a profitable enterprise.

Tenth, take the time to develop relationships with everyone that you come into contact with. These people could include customers, clients, neighbors, business associates, accountants, lawyers, employees, friends, children, spouses, and everyone.  Money exchanges hands through people.

Overall, if you own or manage a business and have control over your schedule, these ten tips can help a person earn more money. But most people don’t have full control over their schedules so they will need to pick and choose which of these tips they can implement.

Rating: $$$$ out of five.

Copyright @ 2017 Christine Esser

This book was purchased, not a gift.   

This book can be purchased on Amazon by clicking the first link below. Disclosure: We may receive a small commission from your purchase, but this will not raise the amount you pay. Thank you for reading this review. Comments are welcome.  We have not received anything from the author or publisher in exchange for this review.