Want to be Wealthy? Stop Swapping Your Time for Money

Many of us were taught to do well in school, get a great job, work hard, and you’ll eventually make a lot of money. This may be true, but there is a great limitation to working for someone else. Time. There are only so many hours in a week. No one can buy or create more.

Even doctors suffer from this limitation. The average physician makes a large salary, but there aren’t many that make a million dollars a year. Even a physician is swapping his time for money. He only gets paid while he’s seeing patients. He can’t see more than one at a time and he can’t see them while he’s asleep. The clock ultimately limits his income.

This is also true for consultants, dentists, lawyers, and CEOs.

If you want the opportunity to make a tremendous amount of money, it’s important to find ways to earn without your presence being necessary. Free yourself from the clock and your ability to earn is unlimited.

There are better ways:

  1. Get paid more than once for the same work. Think about artists, authors, and musicians. In their respective businesses, they’re able to get paid repeatedly for the same work.
    • An author can write a book and then sell a million copies over the next 10 years. During that time, she may have written 20 more books. What could be better than getting paid multiple times for the same work?
    • What are some other businesses that can utilize this same strategy?
  1. Do something that allows you to receive recurring payments. Leasing office space or other real estate to others keeps money coming in while you do other things. Building a website and leasing it is a similar strategy.

  2. Be an investor. The great thing about stocks, bonds, mutual funds, and similar investments is the ability to make money with little work on your part. You’re essentially making money while you sleep. You could also loan money to others.

  3. Outsource / arbitrage. Many people set up businesses and then outsource all the work. This is especially true online. For example, there are people that sell website building services. These same people then hire someone else at a reduced rate to do all the work.
    • Ghostwriters write many of the e-books sold on sites like Amazon.com. The listed author paid someone else to write the book. If you can successfully buy something for $X and sell it for $X+Y, you can potentially make money with little work.
    • Can you think of ways to make money from the work of others?
  1. Create passive income. A website that sells an affiliate product can make money while you sleep and is a form of passive income. It’s not difficult to build a website that makes a mere $5/day, but keep in mind that’s over $1,800/yr.
    • Make a list of other ways you can make money passively.

Time is limitation for all of us. So far, no one has lived forever. But time doesn’t have to limit your income.Doctors, lawyers, and CEOs are paid well, but you have even great financial potential if you can break free from swapping your time for money.

Uncertainty stops many people. If you write a book or create a website, you’re not guaranteed to make any money at all. If you go to your job, you can expect to get paid on a regular basis. Courage and persistence are required.

Get started today and build an income stream that isn’t dependent on your time or presence. You’ll enjoy getting paid while you’re not at work!

15 Questions to Ask Yourself to Discover Your True Passions

If you’re lucky, you’ve already discovered many of your passions and get to spend much of your time enjoying things that bring you excitement and joy. However, maybe you’ve not yet connected with activities, skills, and interests that ignite your passion.

It takes time, soul-searching, and some life experience to identify your true passions. These prompts are written to tap into your wants, needs, desires, and fantasies. Have fun with them and discover what you can add to your life that will fill it with delight.

  1. What’s the one thing I’ve always wanted to do? Consider what would need to happen in order for you to carry through with this long-sought wish. Make a plan and get started.
  2. If I could spend today doing whatever I desire, what would it be? Let your mind go. It could be something related to your work, your home, or simply a lark.
  3. Where do I really want to live? What city and what type of residence? Perhaps you’re already fulfilling this passion and you do live in your true first choice. If not, ponder the possibilities of moving to a place you’ll love.
  4. Where would I like to visit? Perhaps you’re harboring a secret yearning to visit Washington, D.C. or Westminster Abbey in London. The streets of Hong Kong may be calling your name or even the Grand Canyon. Can you make it happen?
  5. What do I talk about doing but never do it? In a conversation, you might state something like, “For the last 10 years, I’ve really wanted to take a cruise to the Caribbean.”
  6. What are the reasons I don’t go after my dreams? Explore within yourself why you haven’t pursued the life you want. Can you do something differently to help bring your dreams to life?
  1. How will I finish the sentence, “More than anything, before I die, I want to ___________?” Say it out loud and fill in the blank. Then, figure out a way to accomplish your wish.
  1. What are the things in my life that I would like to get rid of? If you’re discovering you don’t love everything about your life, maybe it’s time to do some “housecleaning.” Make a list of the ways you’d like your life to change.
  1. Which people in my life inspire me and why? It’s important to know who inspires you so you can spend more time with them. What is it about them that lights you up so much? Decide to take every step to be inspired more often.
  1. If I were to make just one radical change in my life right now to make life better, what would it be? Your answer to this question will really open up your possibilities. Moving to a bigger city might really spice up your life. Getting more education might be a goal—plus you’ll likely make more money.
  • You’ll be happier if you chase your dreams. Make 1 change.
  1. How do I feel when I put all my effort into accomplishing one of my goals? Notice these feelings. You’ll no doubt want to experience them more often.
  2. How do I feel whenever I achieve a life goal? Awesome, probably.
  1. What’s missing from my life? Answering this question requires considerable soul-searching.
  1. Who are my biggest supporters? It’s wise to know the people that will stand behind you and help you pursue your passions, no matter what.
  1. Who gets in the way of me achieving my goals? In order to find your true passions, you might be required to disengage from those who wish to counteract your efforts.

If you take the time to thoroughly ponder each of these questions, you’ll be pleased with what you discover. Your true passions are inside you, just waiting to be let loose to bring you excitement, joy, and fulfillment.

Ways to Use Your Spirituality to Help Your Business Thrive

Using all the resources at your disposal naturally brings you greater success in your business. Number crunching and data analysis are helpful, but you have other tools available. Your spirituality and instincts have been developing and growing since birth. It would be a shame not to use them to your advantage.

Use these strategies to enhance your business with your spirituality:

  1. Sit quietly with your mistakes. Most of us avoid our mistakes. They create too much discomfort. But mistakes have always been the primary way that humans learn. Embrace your mistakes by sitting quietly and examining the source of your error. How much would your business be enhanced if you never repeated mistakes?
  2. Set your intentions high. Get in touch with your soul and realize how great and successful your business could become. Set a big goal and stick to it. Most substantial goals aren’t met because an easier goal reveals itself along the way. Utilize the power of high intentions and be consistent.
  3. Let go. Learn to forgive and move on. That includes forgiving yourself. Learn from challenges and then release yourself from them. Holding on to a grudge or the past ultimately punishes yourself and your business.
  4. Allow your spirit to guide your business. Logic and quantification have their place in any business, but the most successful businesses have more guiding their decisions. Trust your gut when the data runs out.
  5. Be enthusiastic about the unknown. It’s only necessary to see the next step clearly. Everything else might be a bit murky, and that’s okay. Any impressive accomplishment has at least a bit of the unknown.
  6. Meditate or pray on challenges. Getting upset by challenges is similar to a reflex. It’s possible to develop a more effective habit. Meditate on your business challenges and calmly seek a solution.
  7. Show gratitude. To feel gratitude, you must first focus on those things for which you’re thankful. Take a few minutes each day and feel gratitude for the things that bring you joy or satisfaction in your business. At the very least, it will create a more positive state of mind.

Are you currently using your spirituality to your advantage in your business dealings? If not, you’re ignoring a great source of guidance and strength. Give your spirituality the respect it deserves and apply it to your business activities. You’ll have a significant advantage over your competition.

I’d love to hear from you if you are currently utilizing your spirituality in your business as you work towards achieving positive results & goodwill for yourself and for your clients. Please drop me a line and tell me about it at TheBusyGal@gmail.com. Selah.


If you enjoyed this post, I invite you to take a moment and sign up to receive the BusyGal Bi-Weekly Affirmation Inspiration in Your Inbox.

Affirmations are simply statements that are designed to create self-change in the individual using them. They can serve as inspiration, as well as simple reminders. They also can serve to focus you attention onto your goals throughout the day, which, in and of itself, has the potential to promote positive and sustained self-change.

People use affirmations for a variety of purposes. Generally speaking, affirmations are used to reprogram the subconscious mind, to encourage us to believe certain things about ourselves or about the world and our place within it. They are also used to help us create the reality we want—often in terms of making (or attracting) wealth, love, beauty, and happiness.

According to Walter E. Jacobson, M.D., there is value in affirmations of this nature, because our subconscious mind plays a major role in the actualization of our lives and the manifestation of our desires. What we believe about ourselves at a subconscious level, he says, can have a significant impact on the outcome of events.

At the simplest level, when we feel good about ourselves and have a positive attitude, our lives tend to run smoothly. Proponents of the “law of attraction” often refer to this as raising our vibration such that when our vibration is positive, positive things—such as financial abundance, love, and renewed health—are magnetically drawn to us.

You can sign up HERE to receive the BusyGal Bi-Weekly Affirmation Inspiration in Your Inbox.

You Have A Choice!

You know that you have a choice to stay in that dead end job or start your own business, right? If you’re thinking about starting something, do you know what you want to do? Right now, your job is paying at least some of the bills and you’re barely making ends meet. To encourage you to continue thinking about alternative income generating ideas, think about this….

Did you know that most women after the age of 40 will experience some form of ageism in the workplace – be it subtle or overt. In fact now that the Great Recession is essentially over, most of us can get a job — a job with no power, low pay, and absolutely no social prestige! If you’re okay with that don’t read any further!

It’s a known fact that ageism at work begins for women at 40 when your boss no longer considers you for promotion or training! Imagine that! You’ve given 10+ years of your life to a boss, who after you get to a certain age decides that due to your age you are no longer promotable! Does that get you pissed off? It should!

Do you want to know the real reason the job market bounced back? Millions of Americans have simply left the workforce to strike out on their own as small business owners – specifically middle aged people – and leading the charge are women over 40!

Now obviously starting a business is NOT EASY at any time in life, much less when you’re at this age! You also need to KNOW yourself.

To that end, which statement sounds more appealing to you?

“I want the comfortable life. I want or need stability in my life. I do not want to risk my well-being, and I value my free time to be able to relax.”

OR

“I bet on myself and that excites me! I like taking risks because I want the rewards they offer. I love to work, and I want to keep growing. I am very ambitious, and I can handle being in a position of discomfort a while.”

The first statement best describes employment. It is an easy path to follow because you know all the steps, and if not, you can find all the steps. You will encounter comfort if you are doing your job right, and if you don’t age out of the work and get laid off as the work force gets younger than you. You have a set schedule, and you know exactly when you switch your mind from work to family (usually 5PM Mondays to Fridays).

The second statement describes entrepreneurship. To be an entrepreneur you kind of need to embrace the fact that your schedule will be all over the place, and you will be thinking about 100 things at the same time while usually never knowing when the next time to relax will be! Additionally, the work is a grind – but you love it as you’re pursuing your dream because you love that what you are creating is yours! Your life will be unstable and unexpected, but you will love everything about it because your ambition and dreams are too big not to be pursued.

As you can see, these lifestyles are very different.

Entrepreneurs and employees are both necessary in this world, so no matter what path you choose, understand that you are still valuable to the society.

My name is Felicia Lopes and I am the founder of an online business where I coach Women Over 40 to re-establish and re-invent themselves as entrepreneurs through my online classes, small business services and opportunities, as well as events. I can help you!

Bottom line, if you’re looking for a great idea for a business, download my FREE booklet The Top 40 Small Business Ideas for Entrepreneurial Women Over 40 which is jam packed with million dollar ideas for new businesses and links to get you started. https://itiv6yfr.pages.infusionsoft.net

Being There

Work Harder Than Anyone Else!

Resting in the Storm

Resting in a Storm

Never Cede Control

Never Cede Control

The Happiness List

The Happiness List

Challenge Yourself!

Challenge Yourself

How Do You See Yourself?

Let Your Light Shine