Coins & Lifestyle

How to Rethink Making Money

This post is about money. I have yet to meet anyone that doesn’t want to make money. However, if you don’t want to make money, please introduce yourself so that I can know that you exist. Also, stop reading because this information is not for you. No really stop reading NOW. Why are you still reading? Nosey…mmmm hmmmm! 

Anywho, back to the regularly scheduled topic. Many people go about making money differently. Hopefully, you know there are tons of ways to make money. However, there is a commonality that can separate those who make it from those who don’t. Usually, the people who don’t make the money they desire have no clue what is going on. They are thinking if I did this and that I should be making the money now. Whereas the people who are making the money are not wondering at all. They are just making more money. So, what is that commonality? Dun dun dun…this is my attempt at suspense.

Mindset is the commonality. Yeah yeah yeah, I know. Everything is always brought back to mindset. Everyone talks about mindset. Buuuut…You are either going to have a mindset of great proportion or one that is not of great proportion. This is the truth no matter how you spin it. Most people have a mindset that is not of great proportion when it comes to money. Yes they can talk about how much they want and bla bla bla, but they lack the great proportion mindset needed. What does this mean? This does not mean that you can’t or won’t reach a goal of money making. It just means that you may take longer to reach the money you desire, if you reach it all. Let’s take a closer look at what I’m saying and do a bit of math. Relax. I will do all the math, you just have to read. And bare with me because this may be a little long but it will make you sense and allow you to start thinking differently.

Let’s say you want to make $1000 a week. Break that $1000 down to 5 days a week which gives you $200 a day. For easy math, sake let’s just say 8 hours per day is a breakdown of $25 per hour.  Are you following me so far?

Now here is where the divide takes place. The mindset of the person is going to determine the money they make and if they reach their goal of $1000 a week. 

Person A is determined to make $200 a day

Person B is determined to make $25 an hour

Person C is determined to make $1000 per week 

Keep in mind they all have the goal of $1000 a week. Who is more likely going to work harder to reach the goal? If you said person B then you are correct. Person B’s focus is $25 an hour. Meaning they are going to work hard to achieve $25 for 8 hours a day for 5 days. That is 40 hours of work. If they make a little over $25 an hour, great. They are going to be happy with the overage, but their focus is $25. 

Person A is focused on $200 a day. So they are likely trying to make $200 at any cost. If they can get the $200 in an hour…whoop whoop they are done for the day. However, Person C has the great proportion mindset of $1000. Their goal is to achieve $1000 period. If on Monday they attempt to achieve the goal of $1000 and complete it… they are free the rest of the week. Person A and B are still working.

Are you thinking?

Making money isn’t a problem. There is plenty to be made. Your mindset is what establishes what you will be able to do and how you do it. It is crazy how your mind can play tricks on you. But looking at this scenario doesn’t it make you want to look at how you make money differently? You will work harder for $5 than you will for $500. I know it sounds crazy but think about it this way. You go out to eat at a restaurant. The average entree price is $20. However, there is a special for $30 that includes entree, beverage and dessert. How many people do you think order the special instead of paying ala cart? You see examples of this just about everywhere you go. You think you’re getting a deal and the business owner is making their money goal. It is easier to have a special at $30 and get more sales than it is to hope someone spends at least $30. You and I both know there are plenty of people that will order the $20 entree and ask for a glass of water. But for the rest of us, we are getting the $30 special.

More than a few people will spend tons of time saying they need to make more money. Some will go get a second job. The mindset is this is going to help them earn more money. They are now putting in double time to make the money they desire. They still see no results. They are probably wondering why. BECAUSE. The mindset didn’t change. If you need to make more money and do not change your mindset, you will always need to make more money. Do you know why? Because you didn’t set yourself up to obtain a goal of great proportion. Money in and money out should not be equal. But that’s a lesson for another day. One of them has to be less than the other. And hopefully, you want it to be the money out. So if you are taking on more work for whatever amount of money and didn’t factor in a goal, you are probably losing money.  How much money do you need more of? What do you have to do to make the money? How long do you want it to take to make the money? A great example is when I was in high school I would want my check to look a certain way. So I’d factor in how many hours I needed to work in order for my check to look how I wanted it to look. That means I’d take whomever’s shift to get those hours. To the point, I was working more overtime than I should have been. But guess what happened. Because I did this I was able to take the entire summer off. The ENTIRE SUMMER. I had made enough money that beat out what I was trying to do, all because my check always had to look a particular way for me. Like I would not tolerate my check coming in under what I had set it out to be. But once I reached what it should be I didn’t stop. I kept going. The opportunity was always there for me to make more. So I took it. Like person C who made that $1000 on the first day. Imagine if they did that all week. They would have surpassed their goal to the point they wouldn’t have to work the rest of the month. How crazy is that? 

Are you rethinking how you make money now? Shoot I am and I’m the one posting this. Which one of these people sounds like you? Do you need to reprogram your mindset about money? And don’t be fooled even Person C can rethink how they make money because they could keep going and surpass what they already achieved. 

*sidebar: There is nothing wrong with getting a second job it can be another stream of income. I will probably talk about that at another time. Streams of income are good. Real good.*

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