The rain has not stopped all day today, giving the perfect excuse to spend the afternoon inside and clear the pile of ironing.
As usual, I took the opportunity to jump on to YouTube and gain some education and inspiration.
This film of a presentation by the amazing Bob Proctor was so good I just had to share it!
Like many people I first came across Bob Proctor from his appearance in the film The Secret (which if you haven’t seen, you must!) and he is a really inspirational and likeable guy.
At almost two hours’ long this film is well-worth listening to.
If you don’t have that long to spare right now, join him at 37 minutes in. He explains how most people (96% of all people) do M1 – working for a living – which will forever keep them poor and limited. We will only ever get so far if we only ever trade time for money. Sad to say, I am guilty as charged – or at least I was up until a year ago.
M2 is a definite improvement (3%) which is investing money to earn money. I’m glad to say I have done this, still only in a small way, and I’ll be increasing my property portfolio in the future.
M3 is where we should all be aiming for. This group set up multiple sources of income, and they get others to do the work for them.
I am definitely guilty of this! Right now, we are growing the business and I can feel myself struggling within my own limitations.
I know I am probably holding the business back right now, through my own weaknesses, but am I just thinking like an M1?
Surely an M3 person wouldn’t even need to think twice on this. They would just hire someone to do what they can’t.
As usual Bob has got me thinking. We don’t have the disposable income that a successful M3er might have, but by clinging on to M1 status I could be pushing that income further and further away with my own indecision.