Day 18 / Make Money / 91 Perfect Days Challenge
Welcome to the Wealth Creators 91 Perfect Days challenge. Where our mission is to help you to create, preserve, and enjoy a life of abundance.
Starting right now.
Today's reading is titled; Make Money.
There are 2 ways to make money. Where you can successfully apply the formula for riches or the wealth creators' strategy.
The first is through property or real estate and the second is by starting your own business.
What most people don't realize is that managing a property portfolio is a lot like running a successful business.
In the first few days of turning your great idea into a fully functioning business, you wear many hats. Usually, because you can't afford to hire anyone else to answer the phone, to take out the trash. To keep the books and to apply to emails.
Likewise when you start building your property portfolio. You are the one collecting the rent, and dealing with the tenants. And managing the maintenance of your properties.
You have your finger on every trigger.
You work in your business. But the truth is, your job is running your business or property portfolio. Working on it.
Operation "Make Money"
When you realize that and start dedicating the nonessentials. Your business and your investments will grow.
We spend so much time working on our weaknesses, improving our skills and knowledge that we forget that the number one priority is to get the money in the bank.
Cash flow is the lifeblood of your business and investments. Everything else can be delegated. Just because you can do something - doesn't mean you should.
There are many people far better equipped than you are to solve the majority of your nonessential problems.
You see cash flow will take care of all the problems that not having cash creates.
You are in charge of bringing in the money so don't waste any time doing something that doesn't bring in money.
If you are washing your car or changing a light bulb, or speaking to a telemarketer.
You are not working on getting better growth on your investment. You are not working on sales strategies to make more money in your business. You are not doing any high-value activity.
There are times when we spend effort keeping busy instead of spending it on CREATING wealth.
We are all guilty of this.
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If you choose to do R110 / hour work instead of work that brings in Thousands of Rands/hour. Then you are choosing to tear up thousands of Rands.
If you are the owner of a business or investment portfolio, then it is your responsibility to make the most of your "work" time executing the highest value activities.
You need to make money.
If you choose to do an R110/ hour work that's fine, but go and work for someone else and quit pretending to be a business owner or investor.
If you need to hire someone, spend all your time and effort looking for that one person who will treat your assets like their own and then get them to hire everyone else.
This will free up your TEMS so that you focus on making money.
Today`s Challenge;
Identify all the nonessential tasks that are stealing the time and focus on making money. Delegate those tasks that are stealing your time to someone so that you can focus on making money.
Quick Recap;
Your most important priority in business is to make money.
How to Take Action Right Now;
Sit down and identify the most valuable activities that make you money.
Always remember that in order to create a perfect life, you must make sure that today will be a perfect day. And in creating perfect days, there will never be another day in your life that won't require responsibility, intent, time, effort, right mindset, and massive massive action.
Consistently doing what needs to be done is the only way to get the results you want.
Every action that you take today will either move you one step closer or one step away from your goals. Therefore if you want to guarantee that you live a massively successful life.
I challenge you to make today a Perfect day.
Enjoy!
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