Mind Your Own Business

Yeah – that’s right; I’m talkin’ to YOU!

But I’m not saying what you think I’m saying. Rather than chastising you for poking your nose into areas of other’s lives that don’t concern you, I’m talking about running your own business.

I am a firm believer in the concept of the modern ‘entrepreneur revolution’, as written about by author and entrepreneur Daniel Priestley. As our technology advances exponentially, we are finding that machines and computers are taking more and more of our traditional ‘jobs’ and thus decimating the jobs market. This is inevitably leading to a World where people are having to become increasingly reliant on adding value to others through creative, esoteric and essentially human pursuits. Thanks to ‘Moore’s Law’, this trend shows no signs of abating any time soon – or, ever.

So, it’s time to adapt.

When I come across people who fight against change, too comfortable in what they know, and as a result slowing dying as their mental fortitude atrophies in the stark lack of adversity, I try to explain to them that change is the only thing that’s guaranteed in life and as such it is both senseless and futile to fight against it. Yet, so many do. So many are too comfortable in what they know, and have never been shown the intrinsic value in the realisation that life happens for us, rather than too us.

Anyone with their eyes open and head out of the sand can see that we are in a massive time of flux. Think about this; up until around 50-100 years ago, the rate of change in the World was relatively slow. It was unlikely that any one person would see any dramatic, global change in a single lifetime, and so our ancestors natural habitat was one of relative consistency (another point to consider is that people didn’t live as long back then, so were even less likely to experience any dramatic levels of socioeconomic change). That is no longer so. We have reached a pivotal point in the bellcurve of our technological advancement as a race, and as such we are now experiencing massive levels of change, not just within a single human lifetime, but within the space of a few years.

This effect – the quickening of the rate of socioeconomic change in the World – is compounding, and therefore ever expanding and becoming more and more pervasive in our everyday lives.

All the more reason to accept the argument that one of the smartest things you can do in life is to accept, and embrace change – move in flow with it, and expand your skills, abilities and consciousness along with the ever expanding seas of change.

So, back on to managing your own business.

Now, although I’m a huge advocate of setting up and owning (owning, not operating – there’s a massive difference) your own business, what I’m talking about here is not strictly limited to owning your own company. I mean to mind the business of your life! You see, even if you are happiest and most fulfilled in employment and therefore have no desire to own your own business, you still need to run your own business.

That business is managing and investing your money to create passive income streams.

Even the lowest paid workers are able to do this; the trouble is that hardly anyone knows how. The reason? Our education system is severely lacking, and antiquated in it’s content and methods. Our current education system was designed back in the industrial age, and is set up perfectly for training an obedient population of worker bees to go out and work in offices and factories across the land. This is an old model that no longer fits, nor is fit for purpose; the landscape has already changed significantly, and yet our model for how we educate the next generation of leaders is distinctly lacking.

Remember the entrepreneur revolution? All those jobs being done more reliably, more efficiently and with less error by computers and machines. The ever expanding sea of change is upon us, and it’s imperative for us to act in order to not be swept away in the tide.

One simple argument for managing your own business, regardless of your situation, is that there will be no state pension when my children retire – nor when I retire for that matter. In order for my generation, and all those that follow, to be comfortable in retirement we need to learn to manage our money, and to start right now.

Young people today need to adopt an upgraded perception of the World in order to realise the successes the dream of; education starts now. There are so many holes in the national curriculum that you have your work cut out for you when you leave the traditional education system. In the last year and a half alone I have listened to 17 solid days of audio books, and not a single one of them fiction. That investment of time in my own education has changed my life irrevocably, and will continue to do so, compounding as I learn more and more, adding knowledge and action onto knowledge and action; and so success is born.

If you don’t learn to look after yourself, no one else is going to do it for you, and odds are you’re going to allow yourself to get fucked by the system. Whether you like it or not, this life is a game – and you’re fucking playing it until you die. Now, you have two choices (and you always have a choice) – are you going to learn the rules of the game and play it to the best of your ability, embracing opportunity and opening doors for yourself along the way? Or are you going to fight it, kicking and screaming as it bends you over and degrades you into submission and misery?

I know which is my choice; I’d rather die fighting, having played all out despite the odds, than to arrive at my grave a slave to a life I surrendered myself to decades ago because I was too afraid or ignorant to take a chance on myself.

It’s your life, and your responsibility.

Make it count – learn the rules, and play the game.

Advertisements

Understanding The Stock Market & Trading

The Stock Market and financial trading is probably one of the most misunderstood mechanisms on the planet. Anyone you ask will have an opinion about it, but very few actually understand what it is or how it all works.

This is a real shame, because the stock market and the various trading instruments that exist today have lowered the barrier of entry to this field monumentally in recent years, and the stock market is now accessible to pretty much everyone.

There are lots of misconceptions about the stock market, and the people who use it as a trading tool, and so it’s important that we understand the basics to be able to dispel the myths and sort the good advice from the bullshit.

So, what is the stock market?

Well, the stock market is basically a place where people trade emotions. I say that, because although the nuts and bolts of the stock market are the stocks, commodities and currency markets on one side, and the myriad of investors, retail traders and financial institutions on the other, the values of those stocks are largely based upon people’s collective emotions at any given moment. This is what you’re seeing when you seeing price action moving on the candle charts; it’s a visual representation of the mean average of the presiding emotional sentiment in the market at any given time.

So the components of the stock market are simply:

  1. Company Stocks/Shares (Apple, Facebook, Google etc.)
  2. Commodities (Gold, Silver, Platinum, Oil etc.)
  3. Currencies (FOREX – Foreign Exchange)
  4. Indices (these are collections of companies and so their value is the mean average of the value of all the companies within the index – an example would be the FTSE100, which is comprised of 100 of the top blue chip companies in the UK at any given point in time)
  5. ETF’s (Exchange Traded Funds – these are funds that are a marketable security tracking an index, a commodity, bonds or a basket of assets like an index fund)
  6. Investors (companies and individuals of various sophistications buying and selling stocks and shares on the market)
  7. Financial Institutions (banks, funds, brokers, and traders buying and selling on the stock market)
  8. Retail Traders (everyone else trading stocks and shares on the market)

Looks a little complicated doesn’t it? Well, it’s really not.

In order to simplify, look at it this way – it is the same as buying and selling food at a street market where prices fluctuate over time, only in the stock market this happens at a much faster rate.

For those who take the time and make the effort to understand the mechanics of it, there is the potential for rich rewards where every day your money works for you, rather than you working for money. Financial freedom is attainable for each and every one of us, all we have to do is take the time, and make the effort, to learn the rules of the game.

It doesn’t matter if the stock market is in the middle of a strong bullish rally, or a crashing bearish descent – when you know the rules, you can make money either way.

Ever since I started learning about trading the stock market and investing I was confused as to why more people didn’t know about it, and why more people weren’t doing it. It seems to me like this is something that they should be teaching our kids in school, as it stands to return significantly more handsomely than any bank on your pot of savings – if you know what you’re doing.

And it’s really not that hard; the rules are simple – it’s having the discipline to stick to them rigidly that is the challenge for most.

I should tell you now that 90% of people who try to learn how to trade end up failing and wiping out their accounts, and this is somewhat responsible for why it has a bad name. I cannot stress enough that there is no such things as a risky trade or a risky investment – only risky traders and risky investors. Those people who don’t have the education, the cohesive plan or the experience in the markets to have the first clue about what their doing, and who are basically gambling their money on the stock market. This is why 90% of traders fail – it’s a lack of knowledge and understanding of the rules of the game.

Trading Instruments

There are various different instruments that are available to retail traders these days, all with slightly different mechanisms but all based around the same set of skills. If you can trade the stock market, then your skills should be transferable across spread betting, trading CFD’s and investing in physical stocks and shares.

The main different instruments are:

  1. CFD’s (Contracts for Difference) – these pretty much do what they say on the tin, and is the main instrument I am trading at the moment due to the versatility of the social trading platforms available. When you trade on platforms that operate on a contract for difference basis you do not own any of the underlying asset, and so do not benefit from any dividend payments. All you are doing when you open a position is taking out a contract with your chosen broker agreeing that if the price of the asset increases or decreases from a fixed entry price then either you pay your broker a set amount per pip of price movement (if the price moves against direction of your position – up or down), or your broker pays you. When you close the position, you close the contract and either ending up taking profits (if you guessed the direction of the market correctly) or closing out for a loss if you guessed incorrectly. One of the big advantages to trading instruments likes CFD’s and Spread Betting is that you can use leverage to increase your asset holding without needing to invest or tie up the total value of the asset invested. However, be warned, whereas this drastically increases your ability to make significant profits, it also drastically increases the likelihood of having a catastrophic loss that wipes out your account – proper risk management should be observed at all times when trading
  2. Spread Betting – this works in exactly the same way as CFD’s, and you’re trading the same stocks and commodities on the same charts, only the profits you make trading through this instrument are completely tax free. This is because it’s called Spread ‘Betting’ and so because it’s classed as ‘gambling’, any profits are not currently subject to UK tax. This makes it an excellent instrument for generating a residual or passive income. Both Spread Betting and CFD trading allows for very easy entry and exit from trades, powerful leverage if used correctly and guaranteed stop losses and take profits for protecting your trading equity. They both also allow for you to enter positions to profit when the markets are both falling (bearish) and rising (bullish), by either going short (selling) or long (buying)
  3. Investing in actual Stocks and Shares – this is where you actually own the underlying asset, whether that’s a share in a company or some sort of ETF. This process is subject to higher broker fees when buying and selling, and so is better suited for longer term swing trades or long term investments. This method only allows you to profit when the asset increases in value or through the repeat dividend payments – if you own shares in companies that pay dividends then you will generate a regular passive income that can be used to reinvest in more shares and add to the compounding of your wealth. The more shares you own, the more dividend you get paid, and so the compounded growth is never ending and grow like a snowball rolling down the Alps

Fundamental or Technical?

There are two different techniques when it comes to trading – fundamental analysis, and technical analysis.

Fundamental Analysis is where you look at the financial and economic data for a given asset and make your trading and investment decisions based on the results of what you find in that data. This could be company financial reports, earnings reports, or economic data such as inflation rates or political announcements. This would be the best method for discerning quality assets for long term investments, as it’s important to be able to have confidence in an investment over time by confirming that the asset in which you’re investing your hard earned money is financially sound.

Technical Analysis is where you look at the price action data on the charts. There are several different types of charts and many different methods of technical analysis, but you only need to master a few to be a successful trader – even mastering one method will return profitable results if you stick to the trading plan without deviation. This looks at historical price data on charts relating to different time frames from 1 minute up to weeks and months of price data per candle, and provides insightful information about likely areas, or zones, where the markets are likely to react from and change direction. This is where technical analysis provides numerous trading opportunities – in recognising patterns, and in understanding how the mechanics of the markets are structured.

Ultimately, you’ll probably end up favouring one over the other and this will govern how you build and execute your trading plan.

Trading Psychology

“Success is 20% mechanics, 80% psychology”

– Tony Robbins

Trading psychology is without a doubt the hardest part of trading to master. Never mind all the charts, terminology and financial data – mastering your mind, your discipline and your emotions trumps them all.

The effect a losing trade can have on our psychology can be profound, and for most is what leads to emotional trading that generates massive losses and even wipes out people’s entire trading accounts. Emotional trading is a big NO, and this is the single most important reason for having and using a detailed trading plan. Having a written plan that details exactly what your methods are, and specifies your researched and back tested criteria for entering and exiting trade positions, will remove the need to make any decisions when you have money on the line. It’s when you have money riding on an open position that your primal croc brain starts to fuck with you and allowing this to take over your thinking when trading is the beginning of the end for most traders.

You have to learn to be your own trading coach and mentor – or go out and find someone who can fulfil that role for you. The best resource I’ve come across so far that really helped me gain control of my psychology when trading and which has helped me to remove all emotional trading from my trades was the following book by Brett N. Steenbarger:

This book gave me all the tools I needed to understand the inner workings of my own psychology when it came to trading, and indeed gave me skills which transferred over into others areas of my life such as sport and business. A really excellent book, and highly recommend – in fact, it’s a must if you’re thinking of embarking on the journey of learning to become a financial trader. Without it, the risk of your emotions taking control and devastating your trading account is all too real.

The stock market, by it’s very nature, goes up and down in cycles. As I hope I’ve shown in this short blog, there are the vehicles available today that allow everyone with access to a computer, smart phone or tablet and an internet connection to trade on the financial markets. Most platforms come with free virtual trading accounts that allow you to trade the markets in the first instance with fake money. This provides the opportunity for gaining valuable experience in the stock market, watching and learning how it moves, and means you can try out new techniques, systems or adjustments to your trading plan without putting any of your hard earned capital at risk. Once you see that you are consistently generating profits over a period of several months, you can then begin trading with real equity with some degree of confidence that you know what you’re doing and have a trading system that is profitable when followed with discipline.

Everyone has the ability to be financially free by taking the time to learn this skill, and doing so is going to not only put your future in your hands, but also has the potential to return significantly on capital invested – more so than any bank or other financial institution is going to give you that’s for sure.

From Beginner to Trader

I will be running a ‘From Beginner to Trader’ course around the Oswestry/Welshpool area very soon for anyone who is interested in learning about how to trade the stock market using the instruments I’ve described in this blog. The course will take a complete beginner who knows nothing about the stock market and trading through learning the skills needed to become a profitable trader. Course material will be provided in a live training environment, and you will come away from the training session with:

  1. A solid understanding of the mechanics of how the stock market and it’s various instruments work and move
  2. A solid understand of both fundamental and technical analysis, and strategies for utilising both methods in your trading
  3. A tool box full of tried and tested technical indicators for providing high probability entry and exit points for your trades
  4. A trading plan for intra-day trading on the 5-minute time frame
  5. A trading plan for swing-day trading on the higher time frames (4 hour, daily, weekly)
  6. A trading plan for pattern trading according to price action and technical indicators, as well as a thorough understanding of what key support and resistance levels are and how to define them on your charts
  7. How to buy and sell assets tax free – both through leveraged instruments and through physical stocks and shares
  8. A road map for finding quality shares for longer term investment
  9. An understanding of the emerging crypto-currency markets and how to maximise trading profits trading these alternative currencies
  10. A risk management strategy that will stop you blowing your account and that will keep your trading equity protected by minimising your losses and maximising your profits
  11. An understanding of the importance of psychology in trading, and techniques for mastering your emotions when engaged in live trades

Financial freedom is the ultimate goal – to every day have the choice of what you do, where you do it, and who you do it with. No constraints, no limits, no worries.

The beautiful thing about that? That the more people there are in the World who have that level of freedom and choice in their lives, the more people there will be in the World who have the desire and capability to help everyone else up to that level.

I’d love to see you on my ‘From Beginner to Trader’ trading course as I know it will change the way you think about money, and it has the potential to change your life if you implement the lessons you will learn in the course. Please register your interest by completing the contact form below, and I’ll send you an e-mail with all the details including how to register:

It’s MY Life

This blog is for all my fellow MMI graduates, and anyone interested in what the Millionaire Mind Intensive is all about – it was an amazing event, and if you haven’t been, you should!

 

On Sunday afternoon we were re-introduced to this song by Bon Jovi in a way I’ll never forget, and this song now holds so much potency for me that it will serve as a powerful reminder of the lessons we learned that day for the rest of my life.

 

I’ve always liked this song, however following the amazing weekend we had in London this song has become a powerful and emotive anchor for me – I will remember that Sunday afternoon vividly to the day I die; it will be my source of strength, and a potent voice reminding me that I CREATE MY LIFE. Here’s why…

 

After two and a half long days of unlearning the bullshit conditioning that prevailed in one form or another for most of the people at the event, and subsequently re-learning and re-conditioning my mind and body at a cellular level with an approach of congruent empowerment and spiritual enlightenment (yes, that’s right – money, wealth and spirituality go hand in hand), what we experienced that Sunday afternoon changed the way I view myself and my world forever.

 

That afternoon, as Marcus stood on stage and began explaining what we were about to do, my emotions (and, I imagine, those of everyone in the room) were running high. The energy was immense, but even that was about to be blown through the roof.

 

As the disclaimer forms were handed out for us all to sign, Marcus explained that we were all about to be provided with the ultimate opportunity to break through our bullshit limiting beliefs… we were to break a hunting arrow, with the point resting on the soft parts of our necks just above the sternum and the opposite end firmly supported against a partners hand. That’s right, we were to snap an arrow with our necks. The game was on.

 

As we patiently listened to his explanation of what was to follow I could feel the tension in the room rising. Were we really about to do this? What if it didn’t work? What if it pierced our necks, impaling ourselves on our arrows – a tool used to realise the state of death as it’s primary intended purpose? I can only speak for myself, but I’m sure my fellow graduates will agree, the mind chatter was almost intolerable. Fear was taking hold and ripping us away from ourselves, toying with us, doing everything is could – saying everything imaginable – to scare us into submission and to keep us firmly stuck where we were; knee deep in our own shit.

 

How you anything is how you do everything.

 

This was the ultimate test – and I thought walking on a bed of hot coals at UPW at the end of April was going to be a challenge!

 

So, the room of over 1000 people signed the forms and split into groups of 10, and each designated a leader for the group – I was the leader of mine. I gathered the forms to hand back to the trainers, and as I handed over our forms, I was handed back 10 arrows, a heavy duty safety glove and protective glasses for each member of my group. Shit was getting real.

 

Were we really going to do this?

 

As I handed out the arrows to each member of my group, none of us could resist the temptation of testing the point to try and get a feel for what we were about to do. Now, the point wasn’t to a fine to point, but even slightly rounded it felt very uncomfortable even testing it on the area of my neck which was to be the primary pressure point for the break. Again, the volume of the mind chatter was rising – what the fuck am I doing? What if..? What if? What if? A lot of what if’s were going through my mind – my conscious self was trying to take me out of the game, and it was a constant battle between the fear in my mind, and the courage in my heart. I knew I needed to do this, but even then I had no idea how powerful the experience was going to be.

 

You see, the minds primary role is for protection against change, derived from millennia of evolution to that end. It’s always done a fairly good job of stopping us from being eaten by large wild predators, however these days that same mechanism is mostly responsible for our ability to create our own limiting beliefs which take us out of the game of life as we squash any opportunity that comes our way which puts us outside our nice little comfort zone. The problem is, you can only grow so much in that comfortable little zone, and the people in life who achieve great things – whether that be great wealth, great feats of nature and great success – make it their life’s mission to put themselves outside their comfort zone at every opportunity.

 

As we learned over the course of the weekend, as you grow your comfort zone, you grow your money/income zone.
“Life begins at the end of your comfort zone.” – Neale Donald Walsch 
I have found this to be true in other aspects of my life over recent years, particularly in regards to my Tae Kwon Do career, but what we were about to experience was about to calcify the truth in this statement in a way that left a lasting impression on all of us.

 

In that moment, as we stood there in our groups with our arrows and equipment, we had to make a choice – were we prepared to break through out bullshit limiting beliefs once and for all? Were we prepared to do whatever it takes? For me, the answer was a nervous, yet resounding, YES!

 

Before we could commence the exercise we had one job left to do; pick our most potent limiting belief and write it on our arrows to symbolise breaking through those beliefs as we broke through our fears and through our arrows.

 

As the martial artist in the group, and being the leader, I put on the protective glove and sat into my stance to brace the arrows for my partners. One by one they conquered their fears, showed unwavering courage, and smashed through themselves. Each and every one of us stepped up the stage, placed the point of the arrow on our necks as we had been directed, and pushed ourselves into the point.

 

We all snapped our arrows; the resulting rush of emotions and biochemicals was exhilarating, liberating and empowering as they coursed through our minds and bodies.

 

We celebrated like crazy after each person snapped their arrows, with high fives all round in recognition of each persons fortitude towards breaking through their fears and limiting beliefs. After everyone was done, the music came on full volume and the room exploded! They played Bon Jovi’s ‘It’s My Life’ and although I’ve heard that song a hundred times before, it played with so much more power and meaning that day and became a powerful anchor for the experience we had just shared together.

 

Let me tell you, being part of a group of a thousand people all operating at that level of empowerment and exhilaration was an amazing environment to be a part of, and a feeling I will never forget as long as I live.

 

What did it teach me? It taught me that fear kills dreams, and also that all we have to do to get where we want to be in life is to recognise that internal self-talk for what it is, say ‘thank you for sharing’ as we push it to one side, and move forward anyway. It taught me that dipping my toe in the waters on my dreams is painful, the same way pushing our necks against those arrows slowly and cautiously was so much more painful than pushing into it with force and congruent determination. If you’re going to do something in life, then fucking do it – don’t dip your toe in the waters of your dreams, jump the fuck in and go for a swim. Immerse yourself in your dreams, and immerse yourself in the attainment of them. Push straight into the arrows in your life – your dreams and goals – and do so with power, purpose and passion.

 

It reminded me that I can do whatever I decide I want to do, it reminded me that the only person responsible for creating my life is me. I make my own opportunities, I decide who I am going to be, and I decide what level I play at when working towards my dreams and goals. I am the sole person responsible where I am right now, and I am the only one who can change that – all it takes is making a choice to step outside that comfort zone, say thank you for sharing to my mind and its attempts to protect me from success by keeping me in my comfort zone, and to do the work that speaks to my heart by playing all out, full on, at 110%.

 

It was also a powerful reminder of how important it is to have a good team around you, whether in life or in business. Having my strong team around me providing their unwavering support and cheering me on only served to add to my resolve and helped to calcify my belief in my ability to succeed. The power of having a good team around you cannot be understated in anything you do, and this powerful lesson was a healthy reminder of that fact. We shared our apprehensions and fears, and we shared our success – supporting my fellow team mates as they broke their arrows, and celebrating with them was almost as powerful and rewarding as completing the exercise myself – another important lesson; the fruits of success aren’t just derived from our own achievements, but also from serving others and being a part of their success. After all, what’s the point of developing ourselves if we don’t then use our new found power, skills and abilities to help others do the same, to help others rise to their challenges, overcome them and win the day. Your own personal success is only part of the equation, the other part is the role we play in the success of others.

 

This experience changed my life; it taught me so much about who I am, and who I have the potential to be. It taught me that I am responsible, and I have the power to create whatever life I want – all I have to do is recognise, understand and push through my fears and limiting beliefs, to step outside of my familiar zone of comfort, and do whatever it takes, within moral and legal boundaries, to create the opportunities in my life that will deliver me to the success I dream of.

 

And do you know what’s particularly exciting about this? Everyone can do it, all it takes is a choice.

 

Check out the song below, and have an amazing day:

 

 

Edit: Here’s a photo of the remains of the arrow I talk about in this blog – I’ve stuck it atop my computer at work to serve as a perpetual reminder of the experience and what I learned. I said I would post a photo in the comments, but am not able to do so which is why I’m posting it here at the end of the article.

Jamie Keeling Little Grey JK Arrow Break

Remnants of my arrow from the arrow break exercise – MMI 31/03/17 to 02/04/17

 

 

The Entrepreneur Revolution

Today’s post is inspired both by the conversations I’ve been having with other business owners and entrepreneurs over the last few weeks, and by the inspiring book by Daniel Priestley – Entrepreneur Revolution: How to develop your entrepreneurial mindset and start a business that works. It’s an excellent read, filled with inspiring and thought provoking insights into the emerging world of entrepreneurs.

Obviously, entrepreneurial types have been around for as long as social groups have existed, so the existence of such people in the world should come as no surprise. However, we are now witnessing an acute landscape of change, and one in which the entrepreneurial mindset is not only fertile, but also increasingly more necessary.

Jason Silva made an interesting point in a recent interview with BUILD in New York City when he talked about how the rate of change in the world, like technology, is increasing exponentially. That means there is more change happening at a faster pace now than ever before, and it is getting faster and time moves on. The result of this has found us standing on the precipice of a serious paradigm shift. Right now, at this point in time, the rate of change in the world has increased to the point at which that process of change is now noticeable across one human lifetime, and this has never before been the case.

Sure, there have been major catastrophic events that have caused mass extinctions and had a major affect on the flora and fauna of the Earth, but I am talking about the rate of progress and that’s completely different. I’m talking about the progress we are making in our technological advances, the progress we are making in medicine and understanding the laws that govern life on this planet and beyond, and the progress we are making in understanding the universe we live in and how we relate to each other on an energetic level.

And so here on the precipice we stand. What lies ahead, we can only begin to imagine – but it’s so important we take that jump. In fact, we no longer have the choice. The momentum we have built to this point will push us through and into our next phase of existence as a race. These are exciting times, as this has massive potential to be a very positive shift for us spiritually and culturally.

Even our parents didn’t grow up in a world where the rate of societal change was so profound, and maybe this goes some way to explaining why they can sometimes so easily be left dazzled by the onslaught of the technological world the now engulfs us. Maybe is goes some way to help explain why they struggle to let go, when by comparison the younger generations adapt to change as easily as a leaf shifts it’s flight path in a gust of wind.

My generation and younger have grown up with this level of change – we grew up with it, watching it mutate and transform the world around us, even as we ourselves transform from babies, to teenagers, to adults. We have lived this pace every second of our lives; it’s part of us, and it even helped to shape who we have grown up to be, as it will for every generation that follows.

This observation blew me away, as it makes so much sense.

Relating this to business, it tells us that there is no longer any space in the market for company’s who wish to find a niche and rest on their laurels, failing to adapt and grow with the market place. This is where modern entrepreneurs thrive. They move at a fast pace and they are always thinking 10 steps ahead of where they are, with clear vision and passion driving them to get to where they need to be. Standing on the verge of a major paradigm shift, with change the only thing in life that comes with a 100% guarantee, now is the time of entrepreneurs.

This position is further compounded by the exponential advancement of technology – specifically, automated robotics. Make no mistake, technology is decimating the jobs market and it will continue to do so at an ever increasing rate over the coming months and years.

Elon Musk has recently been in the news speaking of his advocation for a basic minimum financial allowance for everyone on the basis of the same argument. With the way that technology is evolving, and the speed at which advances are being made, it isn’t going to be long before most service and engineering jobs are fulfilled by machines. Robots already build our vehicles, and we are already serving ourselves via supermarket ‘self-service’ checkouts. That time is all but here. Ask yourself – could your job be done more cost effectively and more efficiently by a machine utilising technology that exists today? For a lot of people, the answer will be a resounding yes.

So, what does this mean for the jobs market?

In my opinion, it will result in an inevitable shift of focus to creative pursuits and will therefore result in more innovation at an exponential rate. If people aren’t able to take the millions of jobs they currently utilise for income because those jobs are now taken by machines, then what will they do? Become entrepreneurs that have the freedom and time to perpetually innovate, dream and speculate. Can you imagine the power of an intelligent species that has taken care of everyday needs through the development and implementation of advanced technology, and who therefore has ever waking hour to think about, plan and take acton on making the world a better place and exploring the expanses of the universe?

It’s a powerful vision at the very least.

Who knows what the future holds in store for us, but given the way the landscape looks right now, I would say that the age of the entrepreneur is well and truly upon us.

It’s time to start thinking a little differently, and, as Daniel Priestley would say, it’s time to make a Dent

Take Responsibility for Where You Are

“The moment you take responsibility for everything in your life is the moment you can change anything in your life”

– Hal Elrod

One of the biggest societal challenges we face in this modern, often faceless, digital World is a complete lack of accountability. This is mainly the result of a lot of people in society – I would argue most from my own personal experience – being completely unwilling to take responsibility for themselves, their decisions and actions, and ultimately taking every opportunity to blame external forces as a way of explaining away the point at which they find themselves in their lives, and why they aren’t where they want to be.

These people are lying to themselves.

I tend to hear the same old excuses time and time again – I don’t have time, I can’t afford it, I’m not qualified, I haven’t got the right education, I don’t know the right people.

All nothing more than excuses, and when you hear someone speak in this way it’s usually the first tell tale sign that they are ignorantly drifting through life on a whim and a prayer whilst blaming others for their misfortunes or lack of opportunity. For goodness sake, please don’t be one of those people.

Do you think you would hear those excuses from someone society would deem to be classed as ‘successful’? No chance.

You have the same number of hours available to you each day as Richard BransonElon Musk and Warren Buffet. You don’t need money to make money, so ‘I can’t afford it’ is not a valid excuse – Robert Kiyosaki and his wife started with nothing, living out of a beaten up old car for weeks when they first started their journey as entrepreneurs, and yet they are now multi millionaires with international businesses that help educate people worldwide. Besides, most people who use the excuse of having no money usually still spend money on liabilities that they don’t need (like the latest technological gadgets, and generally bigger and better material belongings) so it’s more a case of their operating on a values hierarchy that is out of alignment with their desired outcome. If someone values partying at the weekend more than investing in their future then they won’t ever have any money spare to invest in themselves because that isn’t a high enough priority in their values hierarchy (yet they still complain at every opportunity about how life isn’t fair and the system is out to get them).

Don’t get me wrong, there are most certainly many underprivileged people in the world – even today in the 21st century – and for clarity, I am not talking about these people (though the same principals can apply, just in vastly different circumstances and at a different scale). I’m talking about the guy down the street who earns £60,000 a year and still complains that he doesn’t have enough money, that he hates his job and that there’s nothing he can do about it because the system has him held to ransom. I’m talking about the people who complain that immigrants are taking all their jobs leaving their landscape of opportunity a barren waste land of hopelessness and despair, whist simultaneously denouncing those same immigrants for sapping the country through their unjust benefit claims. Well, which is it – are they stealing our jobs or sucking the country’s benefits system dry and sending all the money overseas? When you hear someone making claims such as these, it’s an early warning sign that whoever you’re talking to is desperately grasping at any excuse they can find to explain why they’re not responsible for the situation they are in.

The sad thing that people with such attitudes seem to fail to realise is that by taking this approach – that being the approach of blaming everyone but yourself for your failings and shortcomings – they are disempowering themselves, and removing their control over the direction their lives are taking. These people are not directing their own lives – their lives are directing them. They believe that in order to be happy they have to control things that cannot be controlled – like other people behaviour – rather than seeing that the only person they need to master control over is themselves. This is a surefire way to leave yourself feeling like a victim of life’s whims, with no way to change anything in your life for the better. Hell, most people have never even given any thought to where they want to be or what their end goal is, so how on Earth do they expect to get to a destination, or travel a life path, that leaves them happy and fulfilled when they don’t know what makes them happy and fulfilled? Most people understand that if you get in your car without knowing where you’re going you’re unlikely to get to a destination you find desirable – you’ll get to a destination, but without the proper route planning it’s pot luck as to whether you end up somewhere you want to be or not. Unfortunately, this is how most people seem to be living their lives – no direction, no responsibility and no congruent focus.

I cannot control what others say to me, but I can control what I say to others. I cannot control the economy, but I can control my investments in a way that evolves as the markets evolve, I cannot change a bank’s decision to reject an application for a loan but I can control my thinking in such a way that I allow myself to consider what other options are available thus increasing my resourcefulness and therefore increasing the resources available to me. I cannot control the way things are in the World, but I can control my perception of those those things and make an effort to learn something from each situation that allows even the biggest challenges and setbacks to add value to my life. Focus on controlling what you can and being aware of and learning from the rest, rather than focusing on the things you can’t control and allowing those things to define you.

Do you see now how ridiculous it is to blame circumstances outside your control for what you perceive as your life’s shortcomings? The first step to changing this is to accept the things you cannot change and have the courage to change the things you can. It is the realisation that although you have no control over what life throws at you, you have every control over how you react to it. For example, if someone verbally insults you then you have a choice; you can’t change that fact that someone has verbally insulted you, but you can decide how you react to it and thus whether you give that event any power over your life. You could choose to get really upset and return some verbal abuse of your own, and then spend the rest of the day complaining to everyone you see about how vile people are and how the youth of today are moronic thugs. You could pick the victim mentality, and ask self-defeating questions like, ‘why do people hate me?’, ‘why can’t I even walk down the street without people hurling abuse at me?’, and ‘this always happens to me’. self-deprecation gets us nowhere, and has an immense power to instantly put you in one of the most unresourceful states imaginable. When this happens, we find ourselves with a lack of resources and therefore do not have the tools we need to achieve the results we desire.

Read that last bit again, but backwards; we aren’t getting the results we desire, because we don’t have the tools to achieve those results, and we don’t have the tools because we chose to react negatively to an externally driven situation and put ourselves in an unresourceful state.

An example of how we might be unresourceful following the example detailed above, is that because of our negative self talk we have put ourselves in a depressed state where we feel valueless. This results in a lack of focus on the things that are important to us, and we don’t get the results we want because we have failed to focus on the things that will get us those results – we were too busy focusing on the negative event of earlier that day, allowing it to negatively shape our thoughts, degrade our view of our own self-worth and infect every action that followed by diverting our focus and attention away from what’s important to us. Successful people realise that when that happens it’s because of a choice they made and they take responsibility – not only that, but they are highly self-aware and because they have taken responsibility they empower themselves to make the necessary changes in their life to grow from the experience and to do better next time. Unsuccessful people blame others, and as a result give themselves no opportunity to learn from the experience and grow from it emotionally. What they fail to see is that it is they who have taken away their own opportunity for growth!

Conversely, someone who gives no power to negative events, but instead makes every effort to see the lesson in them, no matter how hard that may be sometimes, will keep their focus on what’s important to them and will realise a level of personal growth incomparable to those who choose to adopt the ‘victim’ mentality. Those who keep their focus on the things that empower them and add value to their lives and the lives of others, whilst being aware of and learning the lessons from the challenges they face along the way, are the ones who have the most resources available to them because they make a conscious effort to exist in a resourceful state. These people don’t wait for opportunity to come knocking – they kick the door in and introduce themselves. They don’t wait for or expect someone else to make them happy of fulfilled – they see the best in everyone, take the best from every experience, and take responsibility for their own happiness and fulfilment in life. After all, allowing your happiness to be dependant on the whims of others or other external factors is a surefire way to completely give away any control you might otherwise have, leaving yourself powerless to live the life you truly want.

No one can change a challenge into an opportunity if they don’t first take personal responsibility for their lives. How can you expect to solve a problem if you don’t know there is even a problem in the first place? Be honest with yourself – it will pay dividends in the long run.

It has been a long hard road for me, and the challenges will never end, yet I take responsibility for everything in my life; good and bad. I understand that no matter what life throws at me, it is always an opportunity to learn something and to use that new knowledge to be a better person, and to give myself better tools with which to leverage my life and give me the resources I need to reach my desired outcomes. This approach to life is what gives me the ability to continuously build and adapt my own personal road map for success.

We each need our own road map, and we are each responsible for building our own from our dreams, experiences and values. I am a huge advocate of modelling successful people (a concept first introduced to me by the infamous Tony Robbins) but we are all individuals in this world and so although it is important to model others who already have a proven model for getting to where we want to be, it is also imperative to adapt the models of others in accordance with your own experiences and values so as to evolve what you learn into a road map for success that’s personalised for you as an individual. This is something I have been studying fervently for the last 4 years, and I can help you do the same. The effect that living in this way has had on my life has been nothing short of astounding – I am a million miles from the person I was even a year ago and not because I have changed as such, but because I have taken the best bits of who was an evolved them into being even better whilst taking the bits I wasn’t happy with and evolving them into things that work for me rather than against me.

The first step is the hardest part, but it’s the best thing you’ll ever do and once you see the results, you’ll never look back.

Take responsibility for where you are, and then take responsibility for getting to where you want to be. All it takes is a choice – everything starts in your head, and where most people fail is getting their dreams and ideas out of their heads and into reality.

If you want help getting your dreams out of your head and onto an achievable personalised roadmap to get you on the path to achieving your dreams and goals you can e-mail me at littlegreyjk@gmail.com or fill out the contact form below for a no obligation consultation.

Financial Wealth: What, How & Why

On the back of Tony Robbins releasing his latest book Unshakeable: Your Guide to Financial Freedom, I want to talk a bit about how my philosophy on financial wealth has evolved over the last couple of years and my current view on why building personal wealth is so important.

We’re all aware (or at least should be) that there are many definitions of what wealth means to a person. There are many extremely wealthy people in the World who have very limited resources – for example, people who are blessed with the unwavering love of a family and support network yet barely scrape enough money together to pay the household bills each month. These people are emotionally wealthy, whilst being financially poor.

Accepting this, today’s focus is going to be around describing what financial wealth is, how it is generated and why it is important to build personal wealth in the first place.

First, some background.

Over the last 10 years I have managed to do a complete 360 on what money and financial wealth means to me, and how I leverage it in my life. When I was in my early 20’s I was playing in a rock band and living for the many and varied social experiences that provided for me. I was also hanging around with people who called themselves socialists, and who generally had a very dim view on money and the effect it has on people – in their eyes, and mine at the time, money was the source of all evil.

My view today couldn’t be more different and I wrote a full post describing my current view on money explaining how it is one of the most ingenious systems we have devised, with it having the power to harness the resources and will of an entire global species – it is the ultimate tool for progress and provides and incredible amount of leverage to get things done. What let’s it down is the people behind it – not the system itself. You can read more of my thoughts on the subject HERE.

Money often gets a bad name because of the unethical and dishonest intentions driving it. After all, it’s like any other tool – if it’s put in the wrong hands it can be extremely destructive. With a system or tool that possesses the insane amount of leverage that money commands, the downside has the potential to be as powerful as the upside. This is why, as we all know, it is so important to ensure the powerful systems we design are used correctly, and with the best of intentions. A bullet in a gun can either be used to kill food to feed your starving family, or it can be used to murder them – same tool, same level power/consequence, completely different outcome as a result of the different intentions driving it.

I hope you can see how ridiculous it is to blame money – or any other tool for that matter – for our short comings. It’s about time we take responsibility for ourselves, so we can harness the full potential power of the systems we’ve designed to effect massive evolution on our planet before it’s too late.

So, what is financial wealth?

Simply put, healthy financial wealth is when you stop working for money and start making your money work for you. Most of us are stuck in jobs that leave us feeling overworked, under-appreciated and under-paid. We have locked ourselves into this limiting pattern where we have convinced ourselves that our only options for increasing our personal wealth is to work harder, more often and for longer. Is it any wonder most people just accept their situation for what it is and make do? It doesn’t make sense to do more of what you hate to realise a relatively insignificant rise in personal income whilst in turn leaving you with less free personal time to enjoy the additional income. Besides, even earning hundreds of thousands per year through employed income would mean paying significant sums of money over to the tax man and you would still have to put most of that away to be able to have any hope of saving enough for retirement.

Financial wealth is a change in mindset from exchanging your time for money, to making your money generate income you can live off so you can focus your time and energy on leading a fulfilling life. The key to financial wealth is working less, not more!

Remember what ‘job’ stands for – ‘Just Over Broke’

Now I’m not saying you should go out and quit your job tomorrow, and neither am I suggesting that this path is any easier to walk than the job route, but the journey is rich with fulfilling experiences and can be extremely rewarding when you know what the rules are and how to play the game. For most people who don’t have rich parents or a nest egg of savings they can call on, a job will be necessary to fund the first few years of the wealth building process but it should only be seen as one of the many stepping stones to the attainment of financial freedom and as such, only temporary.

How can the average person achieve financial wealth?

Financial wealth, and ultimately freedom, is something that is an inalienable human right and that can be achieved by anyone in the western world who makes the effort to take the steps required of them. This involves learning the rules of the game, increasing your financial literacy and intelligence, and putting what you’ve learned into action.

Remember, knowledge is only potential power – real power is in putting that knowledge into action in your life.

In the beginning, I recommend reading a lot of books, watching a lot of on-line content and talking to knowledgable people who are already executing their plan to realise their own financial freedom (or even better, those who have already got there). I didn’t say it would be easy, and I certainly didn’t say it wasn’t going to take hard work and dedication – suck it up; if you want the life you’re dreaming of then you’re going to have to damn well work for it. This, and this reason alone, is why most people will never achieve financial freedom – they are lazy, comfortable and apathetic. These are the people who focus on wealth for the wrong reasons and who have no purpose behind their actions, as we shall discuss in more detail in the ‘why’ section that follows.

Building wealth starts with saving some money; remember, money is a tool with the power of leverage and as you will see, utilising as much leverage as your personal risk/reward plan allows is key to expediting the process of wealth building. The best way to save money is to open a separate account where it can be stored safely without getting mixed up with your personal family finances. It really doesn’t matter how much you save per week or month, just that you save something. Everyone can save something – even if that’s 50p a week in a jar on your bedroom windowsill. If you never start – even with saving relatively small amounts – you’re guaranteed to fail. By starting with even the smallest contribution to your fund, you are growing your financial freedom fund every day/week/month/year and as it starts to grow in value, so does the power of leverage you are able to command.

Once you have a pot of money – whether it’s a few hundred or a few thousand – you need to start thinking about shifting your focus on how you can start making that pot of money generate income for you. There are many ways to do this, and my top five are listed below:

  1. Investing in the stock market – Tony Robbins recommends a well balanced portfolio of index funds to keep fees and costs to a minimum and to achieve market based returns
  2. Investing in commodities like Gold and Silver – commodities like gold and silver should be, in my opinion, part of any sensible investors portfolio for the simple reason that as the stock market goes down, commodity prices rise and vice versa providing a level of security against such bearish markets
  3. Investing in property for capital gains – there are two property investment strategies, and this is one of them; it should be noted that there is no guarantee that property prices will continue to rise, though overall they do tend to follow a similar sort of pattern to the stock market – although it does regularly crash, the floor it hits is usually higher than the floor it hit during the previous bearish period and it usually returns to strength hitting new all time highs. This being the case, and as with stock market holdings, investors should be prepared to hold their investment interests for long periods in order to realise the best returns. Be warned though that profits from gains will be subject to CGT and this should be accounted for when calculating your potential returns
  4. Investment in property for cash flow – this is my preferred property investment strategy and is not concerned with repaying the principal loan of a given property resulting in an increased cash flow from rent due to utilising the leverage of interest only mortgage repayments. The amount of leverage it is possible to utilise in these types of property investments can be insane when structured correctly, and can be a very lucrative source of increased personal cash flow. Buy to let mortgages are assessed on the ability of the property in question to generate roughly 1.25x the monthly mortgage repayment, and so in theory there is no limit to how many properties you can structure under this arrangement within reason and assuming you manage your portfolio effectively. A small portfolio of 10 or so rental properties realising a couple of hundred pounds in additional cashflow each month is going to get you to a point whereby your living expenses are covered by your passive income relatively quickly and is not subject to the same volatility as the stock market or ‘flipping’ properties – in fact, in difficult financial times, rental demand tends to increase and so rental property investments are extremely good at weathering the storm of a financial crisis… so long as the bank doesn’t pull the rug out from underneath you
  5. Start a business – this one by far is going to take the most amount of time and effort and so should not be considered lightly. On average 400,000 businesses are incorporated each year in the UK alone, and of these 20% will no longer be around after 1 year. 50% will have failed within the first 3 years. Again, the reason behind this shocking level of failure is that the people starting these businesses often don’t do what is required to really set themselves up for success. They don’t embark on the journey of learning the new skills required to set themselves up for success, and thus the pitfalls of business eventually catch them out along the way and force the closure of their baby. Owning your own business can be an excellent investment if you put the effort into it, as you are investing in something in which you have a legal insiders view that you have significant control over – there is no such thing as a risky investment, just risky uneducated investors. Whether you build your business to provide regular income, to solve a need (such as a property management business to manage your investment property portfolio) or to eventually sell for billions it can be a fantastic way to build long term wealth

Anyone can incorporate their own business, save a few quid a week towards their wealth building fund and invest their money in accessible ways that will begin the process of making their money work for them rather than the other way around. All it takes is the desire for something better, and the willingness to learn.

But, why?

Ah, the million dollar question.

I’m sure most of you are expecting the following answer at this point; you should focus on building personal wealth so you can be comfortable in life, provide for your family, have a life rich with experiences of all shapes and sizes and not have to waste your time going to work every day for a boss you despise.

Well, yes but that answer only focuses on the effect increased personal financial wealth will have on you and your immediate family. Although these are excellent reasons which should not be discounted, and that I’m sure highly motivating, I have a much better one.

We all have an obligation to build personal financial wealth to the point where we all have financial freedom not because of what that freedom means for us but because of what that freedom means for what we are then able to give back to the World around us.

Money is a tool which provides a powerful leverage over the World we live in. We have a duty to ensure that there are more good people wielding that kind of leverage than bad people in the World, and that we use the leverage we hold power over to consciously go out and make a difference in people’s lives. I have met so many millionaires over the last few months and there are two things that consistently amaze me – how much of a difference they are personally making to the underprivileged and under resourced people in the World, and how little we hear about it in the media.

If it bleeds, it leads. Rich people building schools and wells in Africa who bypass the system of charity organisations because they want to make sure 100% of their money goes to the cause as opposed to being swallowed up by the operating costs of some not-for-profit doesn’t sell newspapers or hook people into news shows. It’s a sad fact, but a fact nonetheless. These people are not interested in fame or fortune – they are interested in, and solely focused on using their power of leverage to change the World for the better.

This is why YOU have a duty to become financially free and to build your own personal wealth. The Governments of the World are part of the problem, on average only 8-10% of the money you donate to charity actually makes it’s way to the front line, and most people are too lazy and comfortable in their sheltered existence to give a shit. If you truly want to see a better World then you have an obligation to get up off your arse and start being the change you want to see – if you want to see a World filled with people who are financially free, living their dreams and furthering the evolution of the human species, then step up – change starts at home. Lead by example, show others the limits they’ve previously imposed on themselves are a choice, and light the way by using the leverage you empower yourself with to help build a World where everyone is afforded a basic standard of living.

If that’s not something worth building wealth for, then I don’t know what is. The personal benefits are just a pleasant side effect.

Thank you for reading, and I hope my words have helped you think about wealth and money in a slightly different way. This can be a particularly emotive topic for some people, and I would like to encourage active discussion in the comments. I’d love to hear your thoughts, and if this has changed how you think about money in your life I’d love to hear how.

If you would like to discuss any of the subjects in today’s post in more depth, or discuss strategies you can implement in your life to set yourself up for success, please feel free to drop me an e-mail at littlegreyjk@gmail.com – I am in the process of launching a coaching service around business, health and personal development and would love to hear from you.

Have a fantastic day!

What is Money?

Money comes in many different forms; whether it be printed paper in the form of a fiat currency or 1’s and 0’s in a computer system. Then we have materials which posses intrinsic value, such as commodities in the form of gold, silver and platinum – these things have value because of their relative scarcity and ornamental beauty.

“In finance, intrinsic value refers to the value of a company, stock, currency or product determined through fundamental analysis without reference to its market value. It is also frequently called fundamental value”

Money is also used for many different things, from purchasing your morning coffee on the commute to work to acting as a tool of exchange on the black markets. As can be seen from my example, money can be used for bad and for good in equal measures. That fact, however, does not make money intrinsically good or bad in itself. Money is just a tool; a medium through which exterior forces act.

Ultimately, money is nothing more than a conceptual system – an idea – a perception of value relating to some element of physical matter (be that paper in the form of pound notes, or solid gold bars). Intrinsically, a ten pound note is worth nothing more than the paper (or more recently plastic) it is printed on – it’s the idea, or perceived value behind it that gives it the value that individuals, societies and countries are willing to exchange upon.

For example, printed money (otherwise known as IOU’s or fiat currency) used to be based on the gold standard. This meant that it’s value was backed by a quantity of gold held by the issuer of the printed money, to the same value as that of the printed money in circulation at any given time. Prior to that, our currencies were in the form of coins forged from precious metals that had a high perceived intrinsic value. We exchanged that actually material we considered to have intrinsic value, rather than a promissory note. The Bank Charter Act of 1844 marked the establishment of the gold standard in the UK, but our currencies are no longer backed by the equivalent value in precious metal holdings and so they are no longer backed by the gold standard. Instead, the value of a country’s currency is now based on the perceived value of it’s economy, which in turn is based on the overall financial performance of the country and it’s components as a whole. This is partly why currency exchange rates can be so volatile in times of uncertainty, or economic downturn.

Essentially, the point I’m trying to make is that money is nothing more than an idea or concept created within a human mind, with a physical system built around it. Thus, the concept is open to interpretation as a result of the differing perceptions and different viewpoints from which different people approach the concept. The result is the potential for increased dynamic leverage, with multiple approaches to deliver results in your favour – so long as you know the rules of engagement, and you understand what it is you are dealing with.

I used to be one of those people who thought that money was the scourge of the Earth; the most vile and evil instrument man ever created. The more educated I have become on what money truly is, and the potential is has as a tool to be leveraged, the more I have realised my prior assessment to be incorrect. It’s very easy to blame others or outside factors for our faults, or for things that don’t go our way in life, but ultimately we can only solve the problems and challenges we face in life when we look within. What about myself can I improve upon to help improve this situation? How can I change my outlook or my actions to produce a more positive result? These are excellent questions, and ones we are all guilty of not asking ourselves often enough.

Money is a tool; it gives us leverage, and the potential to move mountains, and that is very exciting for us as a race. Allow me to reframe; we have found a way to leverage the entirety of the human race towards a focused outcome.

“Money talks, bullshit walks”

When you see it for what it is, or rather what it has the potential to achieve, the concept of money actually becomes very exciting. Money is how we trade, it is a system we have built for ourselves that is recognised and leveraged Worldwide. Every person known to the global grid relies upon money in one form or another as a trading commodity to exchange various different goods and services. It’s the focus of direction we are lacking – we already have the perfect infrastructure to effect huge positive changes in the World, all we need is the collective focus of our species as a whole. This has never before been more possible than today – we are more connected now than we have ever been in recorded history, and we have information, quite literally, at our fingertips. We are the Gods of our time, commanding an understanding of the laws of our Universe and relative control of our immediate environment to an extent not previously realised. As our knowledge increases exponentially with time, so does our potential as a species.

Reality check.

The problem with money is how misunderstood it is, and how we misguidedly try to blame it for the wrong doing of the person doing wrong with it when it is not eligible as something to be blamed. It is inanimate. It is what we made it to be; for this we must surely take full responsibility! The simple fact is, we are misusing the system we created – we must strive to use it more wisely. There is a very good reason why most of the wealth in the World belongs to less than 0.1% of the global population; the variance in the level of financial literacy between people. You see, it’s not that the World is set up in favour of the rich, so much that the rich know the rules of the game, and therefore play it impeccably well. Think about it; if you’d never heard of Monopoly before, and then attempted to play against a seasoned pro, I’d lay money on you not faring very well and eventually suffering substantial losses to the more experienced player. In a lot of ways, games such as these serve to teach very important lessons about life, and how the World works. Unfortunately, our children don’t learn anything about financial literacy in school past how to add, divide and subtract (I’m of course exaggerating, but I hope you get my point – I would have been much better off learning about interest rates, investment portfolios and how to manage my household finances than learning pythagorus theorem which I have never used since!) and and thrust out into the World to ‘figure it out for themselves’. Hardly the best way to set our younger generations of leaders up for success.

Money is a powerful to leverage to get results in your life, whatever your goals may be. It is imperative that you strive to increase your financial IQ in order to better understand how you can leverage money to your advantage (and believe me, the ways are many), and how the economic and financial systems of the World work. You have unlimited access to all this information via your smartphone or iPad, so ignorance is no longer an excuse – it’s a choice. If you’re pissed off about so few people having so much of the money, whilst you’re left with pittance then get up off your arse and do something about it; learning the rules of the game is a great place to start.

These tricks of the trade, tax benefits and loopholes are available to everyone for the most part – the problem is that most people either don’t even know they exist, or have no idea how to find out, or don’t even think it’s possible for them to benefit from them. All you need to do is learn the rules of the game, because that’s all this is – from life, to your job, your social experiences and financial systems – it’s all just a game.

Learn to play the game – in a time when we are so connected, with limitless information at our fingertips, there is no excuse to not know the rules. The potential for greatness lies within all of us, and our level of success in life is determined by how much we strive to learn and improve daily and by how much action we take in our lives. Take action now!

“The world is like a ride in an amusement park, and when you choose to go on it you think it’s real because that’s how powerful our minds are. The ride goes up and down, around and around, it has thrills and chills, and it’s very brightly coloured, and it’s very loud, and it’s fun for a while. Many people have been on the ride a long time, and they begin to wonder, “Hey, is this real, or is this just a ride?” And other people have remembered, and they come back to us and say, “Hey, don’t worry; don’t be afraid, ever, because this is just a ride.” And we … kill those people. “Shut him up! I’ve got a lot invested in this ride, shut him up! Look at my furrows of worry, look at my big bank account, and my family. This has to be real.” It’s just a ride. But we always kill the good guys who try and tell us that, you ever notice that? And let the demons run amok … But it doesn’t matter, because it’s just a ride. And we can change it any time we want. It’s only a choice. No effort, no work, no job, no savings of money. Just a simple choice, right now, between fear and love. The eyes of fear want you to put bigger locks on your doors, buy guns, close yourself off. The eyes of love instead see all of us as one. Here’s what we can do to change the world, right now, to a better ride. Take all that money we spend on weapons and defences each year and instead spend it feeding and clothing and educating the poor of the world, which it would pay for many times over, not one human being excluded, and we could explore space, together, both inner and outer, forever, in peace.”

– Bill Hicks