Star Wars character Yoda quoted that saying while teaching Luke the power of the Jedi. It was a great quote in the movie, but also a life quote that has stuck with me. I often recall this quote when dealing with income goals.
As we all begin to pursue our residential income goals, we will have multiple struggles. These include projects spanning longer than expected and websites not growing as quickly as desired. It is at these times when throwing in the towel becomes easiest. However, when I come to this point, I think back to Yoda and ask myself, “Am I merely trying?”
By simply trying, we are convincing ourselves that we cannot do what we want, simply try to do it. This means we can’t do it. Our minds have incredible power over our lives. Knowing that and using it in our favor can give us an advantage over 99 percent of the world. If we truly believe in something and can see ourselves accomplishing our goal we probably will. Napoleon Hill wrote about this phenomenon in his book Think and Grow Rich. “If you do not see great riches in your imagination, you will never see them in your bank balance.”
Hill studied and interviewed the most successful men of his time and found a few similarities among them. Some such men included Andrew Carnegie, Henry Ford, Thomas Edison, and Theodore Roosevelt. Theses studies showed him that “desire is the starting point of all achievement,” not hope or anything else, simply a strong desire. Hill felt that all of the above men had a burning desire, which led them to do, not just try.
Another concept Hill emphasized was the concept of failure. He suggested that most people fail because of “their lack of persistence in creating new plans to take the place of those which fail.” Those who made their dreams a reality were amongst those who had the most failures. What made them successful was overcoming those failures, even if just barely.
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“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light, not our darkness, that most frightens us. Your playing small does not serve the world. There is nothing enlightened about shrinking so that other people won’t feel insecure around you. We are all meant to shine as children do. It’s not just in some of us; it is in everyone. And as we let our own lights shine, we unconsciously give other people permission to do the same. As we are liberated from our own fear, our presence automatically liberates others.” -Marianne Williamson
Some of you may recognize that quote from the Samuel L Jackson movie Coach Carter. The quote says what most people will never admit to themselves. We are not afraid of failure, we all have failed at many things in life. However, most of us have never achieved the ultimate success. We have never searched deep inside ourselves to find out what we are truly capable of.
Austin and I have spoke before about the idea of growing residual income from things you actually care about, your passions if you will. This is one of the most important things to understand and one of the most common things that is misunderstood. First and foremost, we should all do work we actually care about. Forty hours a week equates to 2080 hours a year. That is a lot of wasted time if you are spending it doing work you really don’t care about. Statistics show that roughly 80% of the people that wake up and go to work everyday don’t like their job. Many of those people hate their job. That is a major problem on our society, the idea that you spend the best years of your life doing something you don’t care about hoping for joy in the last years you live. The retirement dream doesn’t make sense at its core, but that is for another blog post.
Now we can see the importance of doing work that excites us and that we are passionate about. The question becomes, how do I turn my love of health and fitness for example into a job that makes me residual income? The answer is both simple and complex. The simple part is that it is easier to connect with people now then anytime in history. In addition to that, over the next seven years 3-4 billion people will gain access to the Internet for the first time. If you are passionate about something you literally can reach Billions of people with a website. The complex part of this equation is reaching the targeted group of people that care about and want to learn about your passion.
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