The picture above is of me on my recent vacation to Hawaii. What an EXTRAORDINARY vacation!! My fiancé took this pic on our last hike as our family trip neared its end.
Family and Freedom, my two favorite F’s.
The definition of “Freedom” to me consists of the following three W’s:
Doing Whatever you want, Whenever you want, with Whomever you want.
It’s a simple 4-Step Formula to achieve this level of freedom.
Step 1. Focus on Passive Income
Keep your job, but also start investing 5-10 hours a week on a spare-time business venture that can generate passive or residual income.
This is income that keeps coming for the rest of your life after doing the work only one time.
Nowadays, with the advance of technology, it has never been easier to create passive income streams.
Step 2. Learn from a Mentor
The fastest way to achieve your dream life is to find someone that has achieved something similar, ask them how they did it, and duplicate what they did.
This is called “modeling,” and it works quite well (it’s how I created my current life).
Step 3. Create a Vision
Keep your Vision burned into your Soul and never lose sight of what you passionately want. Don’t let Toxic Dream Stealers (TDS’s) tell you that you can’t do something.
Instead, when you tell them your dream and they say it’s not a good idea…and that you won’t succeed – use that as fuel.
Sometimes your naysayers can be your biggest motivators.
Step 4. Team Up with a Spiritual Force
Ask the Universe (God, Jesus, Buddha, Allah, The One Mind, True Source, or whatever you call it) to guide you.
Stay in constant contact with this Spiritual Force, ask it how you can help others and bless the world with your gifts, and watch the miracles start to unfold.
Coincidences (synchronicity’s) will become a regular occurrence, as the Universal Force will begin to conspire with you to help your Vision manifest into reality.
Action Time
So what’s the first step?
Start looking for ways to create passive income streams.
I have been on vacation for 10 days, only worked 2 hours, and still made over $250 a day due to work I did in the past, which keeps paying me over and over again.
Here are some ways to create passive income:
- Real Estate
- Investing
- Network Marketing
- Blogging
- Online Marketing
- Write books and sell them
- Write songs and sell them
- Create and sell apps
- Open a franchise or other business venture and have someone manage it for you
If you need some guidance, I’d be happy to help point you in the right direction. Please post any comments or questions you have in the comment below.
- Kratom Tea For Entrepreneur Creativity and Motivation - September 6, 2017
- My 4-Step Financial Freedom Formula - April 5, 2017
- Brian Tracy’s Goal Setting and Achieving Formula - March 18, 2017
The principle of concentration is absolutely essential to achieve financial freedom. Virtually everything you do in terms of goal setting and financial planning is aimed at enabling you to determine the one or two things that you should concentrate on more than anything else. Your ability to develop the habit of concentration will do more to ensure your personal finance success than perhaps any other skill or habit you can acquire.
Well said. Recently I read a time management book by Brian Tracy and it said to find out the one or two skills that earn you the most money, and spend most of your time doing that, with intense focus. Great feedback and I appreciate you taking the time to leave a comment.