Category: mindset

  • Steps you’re missing out on growth mindset.

    Here are some steps you might have been missing out on building a growth mindset:

    1. Embrace challenges: Embrace challenges as opportunities for growth and development. Instead of avoiding challenges, view them as a chance to learn and improve.
    2. Learn from failures: Instead of seeing failure as a negative, embrace it as an opportunity to learn and grow. View mistakes and setbacks as part of the learning process.
    3. Emphasize effort: Focus on the effort you put into a task, rather than the outcome. Recognize that hard work and persistence are key to achieving success.
    4. Adopt a positive attitude: Cultivate a positive attitude by focusing on the positive aspects of a situation. Instead of dwelling on the negative, look for opportunities and possibilities.
    5. Seek out feedback: Seek out feedback from others as a way to learn and grow. Be open to constructive criticism and use it as an opportunity to improve.
    6. Be open to learning: Cultivate a love of learning and be open to new experiences and ideas. Seek out challenges that will push you outside of your comfort zone and help you develop new skills.
    7. Practice self-reflection: Take time to reflect on your thoughts and behaviours. Then identify areas for improvement. Use self-reflection as a way to learn from your experiences and grow.
    8. Celebrate success: Celebrate your successes, no matter how small. Recognize the progress you have made and use it as motivation to continue on your growth journey.

    In summary, building a growth mindset involves embracing challenges, learning from failures, emphasizing effort, adopting a positive attitude, seeking out feedback, being open to learning, practicing self-reflection, and celebrating success.

    Which one resonated the most with you? What else would you add here to building a growth mindset?

  • Want to know the painful truth? Read this.

    Most people want a business but actually, they want the result of the business, not do the work of the business.

    Now for the painful truth…

    We have a finite amount of time on earth. We waste most of our lives doing what we don’t enjoy doing.

    Our golden years are around 0-25 years old. We have freedom and usually have childlike curiosity during this period. Also, we discover “real world” responsibilities. Then at 25-65, we have “responsibility”, which is usually an income. Only a few people have a job that we find fulfilling. This is rare. Most of us, don’t.

    25-65 is the 40-year stretch. Then people retire at 65 but most of us are not in a position to retire at 65. This is the goal most people want to be free at. This is not a fun truth. Most people want to go on a different path. The traditional path does not work for the majority of us these days.

    Then at 65, usually we have little left to live after this. The average age is 78 for most people. Since 78 is the lifespan.

    Most people will work an extra 10-15 years after 65 to be financially free. Yet, many of us subscribe to wanting to take a different path.

    Freedom

    What I’ll be sharing is there are different types of freedoms. Many of us have a passion for these types of freedoms.

    The types of freedoms I learned are:

    1. Time Freedom
      • Ability to take a vacation at anytime
      • No committed schedule for how you want to run your life.
    2. Location Freedom
      • Not having to check in at an office
      • Ability to travel and work anywhere
    3. Financial Freedom
      • Money gives us freedom but is not necessarily the solution.
    4. Mental Freedom
      • You get fulfilment from this
      • Can sleep well
      • Time and financial freedom without this do not make us entirely free from what we do.

    “The way you make money is just as important as how much you make.” Usually, employees earn income by wage or salary. Either way, time or income is finite. By wage, we all only have 24 hours in a day. By salary, the income is still the same regardless of how many hours employees put in.

    From here, I’ll be discussing the income matrix.

    Income Matrix

    1. Job Income
    2. Passive Income
    3. Leveraged Income
    4. Digital Income
    5. Infinite Income
    Job Income

    The downside to this:

    • Low mobility
    • Mostly no time freedom
    • Mostly no location freedom
    • Rarely financial freedom
    • Rarely mental freedom
    • Let’s say, professional athletes. They’re paid usually very well but have limited freedom. Now for most of us who are not professional athletes, it’s a rare thing for people who truly enjoy their job.
    Passive Income
    • Income is produced 100% of income is produced without time or direct involvement.
    • Examples of these are through owning assets like real estate and stocks.
    • Downside: This route usually required saving up a lump sum to buy assets.
    • Often, this lump sum is from working from a job income for 40 years. Then one can finally reap the benefits at 65 years and then only have a short amount of years to enjoy this. Once this lump sum is achieved, it’s usually eaten up by expenses. Or most people will outlive their amount leaving them with not enough to live off it. Or most don’t make it by saving enough to earn this lump sum.
    Leveraged Income
    • This is another option to create leveraged income through traditional businesses.
    • There’s no income cap for sure, but rarely any time or location freedom. Also, 90% of businesses fail.
    Digital Income
    • With the rise of everything that’s online through the internet, the cost and barrier to entry are low. But the failure rate is high. Examples of these are:
      • Random side hustles
      • E-commerce
      • Courses
      • Agencies
      • Etc.
    • No barriers or limitations to those who succeed have:
      • Ability to travel around the world
      • Ability to work anywhere, anytime.
    • Nowadays, people are opting to take online education as opposed to traditional education.
    • It’s very appealing but not the best place for new people to begin because it has a steep learning curve. It takes more time and is tough to pull off part-time. Requires a lot of time and effort.
    • This route requires you to sell. 
    Infinite Income

    This can:

    • be built on any schedule
    • can be built anywhere, with no cap on growth potential
    • built around something you enjoy

    You can earn income while pursuing your passion and doing what you love. This is the type of freedom we should aim for.

    It is important that you find a community where people are making infinite income this way. These people already subscribed to a “freedom first” mentality. They don’t hope and pray for it. They took action on it. All these people want from you is to see you take action, see your progress, grow and most of all, succeed. We push and lift each other to be the better version of ourselves. Once we earned these types of freedoms, we become free to explore other types of income. By earning infinite income, then we can build our way to freedom by doing what we love. Even more so, to pursue our passions and live our lives.

    Click here to learn more about this community.

  • The most common thing people get confused with between affect and effect

    The two words I see most people often get confused with are affect and effect. They both have different meanings.

    The term “affect” is usually used as a verb. It means to produce a change or influence something or someone. For example, “The rain affected the traffic,” or “The new policy will affect the company’s profits.”

    On the other hand, the term “effect,” is usually used as a noun. It means the result or consequence of something. For example, “The effect of the rain was a flooded street,” or “The new policy had a positive effect on the company’s profits.”

    So, to summarize, “affect” is a verb that means to produce a change or influence. While “effect” is a noun that means the result or consequence of something.

    To put things in perspective in life, are you affecting your life or are you the effect of your life? Kind of like the thermostat-thermometer analogy. As a thermostat, you can change the temperature of the room. Whereas, as a thermometer, you become the temperature of the room. Which one are you? Which one do you want to be?

  • Traits I Think About When It Comes to Mindset

    Mindset Defined

    Mindset refers to the beliefs, attitudes, and assumptions a person holds about themselves, others, and the world around them. It is the lens through which individuals perceive and interpret their experiences and shapes their behaviour and responses.

    A person’s mindset can be either fixed or growth-oriented. A fixed mindset is characterized by a belief that a person’s intelligence, talents, and abilities are predetermined and unchangeable. In contrast, a growth mindset is characterized by a belief that one’s intelligence, talents, and abilities can be developed and improved through effort and learning.

    Mindset can significantly impact a person’s life, affecting their ability to achieve their goals and overcome challenges. A growth mindset, for example, can lead to increased resilience, motivation, and achievement, while a fixed mindset can lead to a fear of failure and a reluctance to take risks.

    Fixed Mindset Traits

    People with fixed mindsets tend to have a specific set of traits and beliefs that distinguish them from those with growth mindsets. Here are some common traits of people with fixed mindsets:

    1. Belief in innate talent: People with fixed mindsets tend to believe that their abilities are predetermined and fixed, based on their innate talent. They often believe that success comes easily to those with natural talent and that effort and hard work are not as important.
    2. Fear of failure: People with fixed mindsets often fear failure because they see it as a reflection of their abilities and identity. They may avoid challenges and opportunities that could lead to failure, preferring to stick to what they know they are good at.
    3. Resistance to feedback: People with fixed mindsets may be resistant to feedback, especially criticism, as they see it as a threat to their self-image. They may take feedback personally and see it as a reflection of their abilities rather than an opportunity for growth.
    4. Limited view of success: People with fixed mindsets often have a limited view of what success means. They may define success in terms of achievement, status, or recognition, rather than personal growth or learning.
    5. Avoidance of challenges: People with fixed mindsets may avoid challenges because they see them as threats to their self-image and abilities. They may prefer to stick to what they know they can do well, rather than taking risks or trying new things.

    It’s worth noting that many people exhibit a mix of fixed and growth mindsets, and it’s possible to develop a growth mindset through intentional effort and practice.

    Growth Mindset Traits

    People with growth mindsets tend to have a specific set of traits and beliefs that distinguish them from those with fixed mindsets. Here are some common traits of people with growth mindsets:

    1. Belief in the power of effort: People with growth mindsets believe that they can develop their abilities through hard work, dedication, and perseverance. They see challenges and setbacks as opportunities for growth and learning.
    2. Embracing challenges: People with growth mindsets embrace challenges and are willing to take risks. They see challenges as opportunities to learn and improve, and are not discouraged by setbacks.
    3. Openness to feedback: People with growth mindsets are open to feedback, including criticism. They see feedback as an opportunity for learning and growth, and are not threatened by criticism.
    4. Persistence: People with growth mindsets are persistent and resilient. They are not discouraged by setbacks and failures, and are willing to try again and again until they succeed.
    5. View of success: People with growth mindsets have a broader view of success. They define success in terms of personal growth, learning, and improvement, rather than just achievement or recognition.

    It’s worth noting that many people exhibit a mix of fixed and growth mindsets, and it’s possible to develop a growth mindset through intentional effort and practice.

    Transitioning from Fixed Mindset to Growth Mindset

    If you have a fixed mindset and would like to transition to a growth mindset, here are some suggestions:

    1. Recognize your fixed mindset: The first step in transitioning to a growth mindset is to recognize the areas in which you hold a fixed mindset. Pay attention to your beliefs about your abilities, talents, and potential. Identify areas where you avoid challenges or see effort as pointless.
    2. Challenge your beliefs: Once you have identified your fixed mindset, challenge those beliefs. Look for evidence that contradicts your beliefs, and try to reframe your thinking in a more growth-oriented way. For example, when facing a challenge, remind yourself that the effort you put in will help you grow and improve.
    3. Embrace challenges: Seek out challenges and opportunities for growth. Take on tasks that push you out of your comfort zone, and be willing to try new things. When you face setbacks or failures, view them as opportunities to learn and grow.
    4. Cultivate a learning mindset: Focus on the process of learning, rather than just the outcome. Celebrate progress and improvement, and be open to feedback and criticism. Recognize that learning and growth are ongoing processes that require effort and dedication.
    5. Practice self-compassion: Be kind to yourself and avoid negative self-talk. Recognize that learning and growth involve setbacks and failures, and be gentle with yourself when you experience them. Treat yourself with the same compassion and understanding that you would offer a friend.

    Transitioning from a fixed to a growth mindset takes time and effort, but with practice, it is possible to develop a more growth-oriented approach to life. By challenging your beliefs, embracing challenges, and focusing on learning and growth, you can cultivate a mindset that allows you to reach your full potential.

    Which mindset do you currently have? How do you want to change or improve your current mindset?

  • Why is setting goals important?

    Setting goals is important for several reasons:

    1. Provides direction and focus: Goals provide direction and focus by helping you identify what you want to achieve. Also, it helps to know what actions to take to reach your desired outcome.
    2. Increases motivation: Goals provide a source of motivation by creating a clear target to aim for. When you have a clear goal in mind, you are more likely to work harder and stay committed to achieving it.
    3. Helps measure progress: Goals provide a way to measure progress by creating a benchmark. This is helpful to track your achievements.
    4. Builds confidence and self-esteem:  When you see you are capable of achieving what you set out to do, this builds confidence and self-esteem.
    5. Encourages growth and learning: You develop new skills and knowledge by pushing yourself outside of your comfort. Setting these goals encourages growth and learning.
    6. Provides a sense of purpose: Goals give you something to strive for. It creates a sense of accomplishment when you reach your target.
    7. Enhances decision-making: Goals provide a clear framework to evaluate your options and choices aligned with your desired outcome.

    In summary, setting goals is important because it provides direction, increases motivation, measures progress, builds confidence and self-esteem, encourages growth and learning, provides a sense of purpose, and enhances decision-making.

    What else would you add to the above and why?

  • Top 10 Habits of Wealthy People

    1. Goal Setting: Wealthy people focus on setting clear and specific goals. The goals they focus on are both short-term and long-term. They have a vision for their financial future and commit to achieving it.
    2. Continuous Learning: Wealthy people understand that knowledge is power. Also, they seek new information and skills to improve their financial literacy and business acumen.
    3. Budgeting: Wealthy people are diligent in tracking their expenses. As well as creating a budget to manage their cash flow.
    4. Investing: Wealthy people understand the power of investing in assets that generate passive income. Some examples of passive income are stocks, real estate, and business ventures.
    5. Networking: Wealthy people recognize the value of building relationships. Also, they network to create opportunities for growth and success.
    6. Discipline. Wealthy people exhibit discipline in their financial habits. Also, they avoid impulsive purchases and stick to their budget and investment plans.
    7. Resilience: Wealthy people are resilient in the face of challenges and setbacks. They are persistent in pursuing their goals despite obstacles and setbacks.
    8. Entrepreneurial Spirit: Wealthy people have an entrepreneurial mindset. They are always seeking out opportunities to create new businesses and income streams.
    9. Giving Back: Wealthy people are often philanthropic. They enjoy giving back to their communities and supporting charitable causes.
    10. Health and Wellness: Wealthy people prioritize their health and wellness. They recognize that a healthy mind and body are essential for long-term success and wealth creation.

    Comment below to let me know if there’s anything else to add!

  • The one skill that I wish schools taught

    Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, I may receive a commission at no additional cost to you. Thank you for your support!

    As a PhD drop out, I’m actually learning more about life from a high school drop out. Even more so when they’re earning a 6-7 figure income. This one skill I wished I learned was this timeless system.

    Instead of explaining what the skill is, I’ll share how I learned about it. I came across the 7 Day Shift by Jeff and Jessica Samis. This shifted gears for me and made me realize that making income online was simpler than I imagined it to be. I used to believe that going to school and then getting a higher degree will help increase my income. I couldn’t be farther from the truth.

    When I learned of this skill, I already made a sale within 3 days of implementing what I learned! This came with step-by-step learning along with guidance and a community of like-minded people to move quicker. This made how to leverage a tool that automates the system. Even more so, it’s run on a proven system with no risk.

    Whenever you’re ready to learn this skill, click on the button below to get started!

    Click here to learn the skill!