Gull Khan

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7 Mindset Tricks that the Wealthy Use on Themselves

1. Believing that there’s no shortage of money

The wealthy always tell themselves that there is no shortage of money even when they don’t have enough. If you have scarcity around you and you let that influence you in terms of the amount of money that is available to you, Where your energy flows is where your focus goes and if you are focused on lack and scarcity, that’s what you’re going to manifest more in your life. You need to understand that there is abundance all around you and nature knows no lack and scarcity which is why you find weeds and grasses growing on most lands, wildlife and insects occupying it. Nature is always extravagant and abundant and if you really tune in to what Universal energy is and you’re getting your creative power from divine energy, you will not lack as there is no shortage in the universe.

Most of the time we are so stuck and focused on our current circumstances and our physical environment, that we don’t look upon opportunities or the doors that have been made open to us by the universe, using the people or opportunities around us around us because we’re too focused on that one door or place where the doors are closed. It is a mindset thing.

To hack this mindset trick, you have to tell yourself and really believe that there is no shortage of money, that abundance is all around you. You only just have to figure out a way of attracting it to yourself and making sure that you are leaving your channels open to receiving abundance. It could come in unexpected ways and these are sometimes the best ones because you don’t know how they are going to come. Sometimes I play this game with myself, I tell myself that I’m curious about how and where this money is coming from and which door the universal energy will open and in this process of being curious, you allow yourself to be open to receive unexpectedly from unexpected sources.

2. Think of money as a game

We always talk about treating money as your best friend but you can also treat it as a game too. It’s not a game of making more money so the party can have less, it’s a game where the parties involved get the value they want and everyone wins. For example When people come to work with me in my coaching classes, they pay a certain amount of money to invest in themselves but at the end of the mindset program, they are able to make about 10X – 20X ROI which means that they got 10/20 times in value back of the amount money paid to me.

I’m happy receiving the money and they are happy paying because we both got value from the transaction. Money can be treated as a game where you are providing value in exchange of money or you’re receiving value in exchange of money as long as both parties get the value of the transaction being paid for. Don’t think of money as an evil or a corrupt tool.

3. Set reasonable expectations

Setting your expectations might seem unreasonably high to some people. Assess your income and set your target to double whatever it is that you’re currently earning and try as much as possible to meet up, you will meet up, if it doesn’t happen this month, it will happen next month or the month after, so set those expectations.

When I shared my new target with my team, they thought I was crazy. There were hesitations and some doubts on the possibility of us doubling our revenue target happening but they saw my conviction and they have come around and believe that we can do this. We’re working towards this high target which previously seemed unreasonable. Anyone outside my team would say that I’m bonkers as the target goal is really high but to me, It’s just a stepping stone to the next great level.

And when we achieve this, we’re going to work towards a higher goal of revenue.

4. Taking Risk

People who are determined to become wealthy like most entrepreneurs block out their fear. There’s really little or nothing you can achieve without taking risks and if there are risks involved, there would be fear. You can be afraid of something but you embark on that journey and carry out your task in spite of the fear, it’s the courage to take actions that is needed. For example when you’re starting a new business and you’re aware that there are risks involved in the business and that things could go wrong but you take the risk anyway and take the action and this is what true entrepreneurs do. If you want to become wealthy, then you have to be an entrepreneur. To be a business owner and an entrepreneur, you have put your fear aside and take calculated risks needed to scale up.
I’ve this shelving strategy that I’ve used in the past, I put all my fear about some situation on a fictional shelf. If there’s something or someone that’s bothering you about your work or a business, or an idea or a client that you really are afraid of, there are two ways you can handle these situations, you can either jump on it and get it done with but If you don’t have the energy or you’re occupied with other pressing matters at hand, you can put them aside on a mental shelf and come back to it in a week’s time and deal with it.

What you don’t want to do is leaving them hanging for too long because then it becomes more difficult to deal with later on. Don’t let fear rule you and don’t be afraid of your fear, there’s always a certain amount of fear when you’re dealing with uncertainties but you need to be prepared for that so you can become comfortable being uncomfortable and facing your fears but you don’t have to face all your fears at once. Generally you just have to block out your fears because if you let fear rule you, you’ll be in a stress mode which means you will not have access to your higher faculties to make decisions in the best way possible for you and your business. You make great decisions when you’re relaxed and able to think clearly to make honest and pragmatic decisions.

5. Personify Money

You have to treat money as your best friend, personify it and it will always find you. This is really important and useful in trying to build your wealth.

6. Speak it into existence

Always tell yourself that you are going to be rich. When I look back on my life, there was never a doubt that I was going to be rich. Growing up, It felt natural for me to study, go out and prosper just as it’s natural for me to become a great money manager now and then become wealthy. So if you believe it’s absolutely inevitable for you to become rich, I promise you, you will become rich because failure is not an option.

You may find 9,999 ways not to become rich like Tom Sanderson did but you will always find that one way to become wealthy. When it comes to having a successful business and doing certain things in my life, I have found success through various endeavors, some projects didn’t work, some did but I found a way to create wealth for myself and others even though I still don’t think that I’m wealthy yet, I’m comfortable, I have multiple properties, a high income, my children go to the best schools and I live in a nice house. All these by most people’s standards are wealth.

You have to believe that becoming wealthy is just a natural progression of life as you go through life, you develop yourself and you prosper. This is an idea that you need to internalize before you become wealthy because unless you think it’s natural for you to be wealthy, you will never be wealthy. You may make some money but then you lose it because it’s not natural for you to have money but when it becomes natural for you to be wealthy, you find out that not only do you create sources of making money, you are also able to grow it which in turn makes you become extremely wealthy.

7. Faith

I cannot stress how important this is, Convincing yourself and believing that you deserve to be wealthy. One of the biggest issues that people deal with are these hidden issues and these blocks in their energy fields that makes them believe subconsciously that they don’t deserve to be wealthy. You need to believe in yourself and truly feel worthy of being wealthy. If you do not work on your internal issues which are causing low self-esteem and low self-worth, It will always affect your actual energy.

Conclusion

These mindset tricks can change our entire outlook on life and uplift our living standards if we make them our daily habit and part of our lives. Remember that what you believe shows in your lifestyle and influences your life decisions so start believing that you’re living in abundance and let your actions reflect this belief. As you begin to feel that you deserve to be wealthy, you deserve everything good in your life, it manifests, you get results from your hard work.

Keeping your eye on the ball

Why is keeping your eye on the ball important when creating and building your wealth?

Recently I was going through my journal and life goals and I realized that everytime I wasn’t focused on a particular goal, it didn’t happen. Even when I was focusing on my goal and doing other things at the same time, I achieved the goal but not to the level that I wanted and certainly not with the best results, Logically it makes sense because if you are dispersing your energy between multiple tasks, you’re not obviously going to get the kind of result that you want but on the other hand if you had constantly focused on a particular goal, you are going to achieve better results compared to when your energy is dispersed across multiple tasks or multiple goals at same time.

Sometimes, we are in these situations where we can’t help but do that. During the COVID lockdown, we got accustomed to living at home, having kids at home with online schooling and so forth. It didn’t really interfere too much in my oldest child’s schoolworks, she is really brilliant and very fortunate to attend a good school, they provided a good online programmer but my younger one needed extra support especially considering when this COVID hit, he was only eight. Paying attention to the online schooling was a bit challenging for him so I employed a tutor for him but he hasn’t performed as well over the last two years because he is not the kind of child who does well with online tutorials. He’s more of a face-to-face interaction kind of child.

I was looking at certain goals that I had for my personal life and I realized when COVID happened, my business did really well on some parts but not to the level I would have wanted to achieve. I haven’t achieved what I aimed at and even my other businesses, there has been steady growth but it’s been a lot slower than what I had originally set my sights for and the only conclusion was because my energy was dispersed. In 2020, I was mostly concerned with making sure my kids were fine, taken care of and their mental well-being was okay because we were completely isolated and then in 2021 it was all about making sure that they have not fallen far behind and trying to catch up with academics, my son passed which was great, even though it wasn’t to the level that I would have liked, but he still did very well, lt meant that all my focus was on him, his education and his mental well-being. The focus on my business was not as strong or Clear as it should have been and this clearly translated in the results that I have. I’m quite lucky when I work with my clients, I’m very focused so the kind of results that my clients got in this year was phenomenal. We probably got the best results ever but the number of people I was able to serve diminished a lot.

I wasn’t able to take on as many clients as I would have done previously because my energy was not there, my mindset wasn’t there and yes we got a lot of other really amazing milestones with other things such as my book came out and I became an international bestseller so we have done amazingly well. When I looked at the number of people we were able to serve, it was nowhere near what I would have liked. Now it’s not that we did not have enough clients, I wasn’t scaling my business and moving to the level that I envisaged for myself in my goal book but I took a step back and realized while assessing the year, I wasn’t disappointed with it by any shot. My son was phenomenal, My book has done really well and my clients equally did phenomenally well. We had amazing testimonials coming up from left, right, center and that’s what gives me my high, there’s no way I would call 2021 a disappointment. Even as my coaching business and my property business lacked my entire focus, I think what suffered the most was my property business, It really declined and we had one issue after another issue with our property portfolio.

My focus wasn’t there, I didn’t have the time because all my efforts were going into either my son or my coaching business, there was no energy going into my property business or the other things. I had actually stopped all trading because I found trading to be very very draining last year. I stopped trading for a while and I haven’t really gone back because I just didn’t have the energy or the time available to be able to go through the trades, pick winning trades and do that as I was doing regularly before.

So in order for you to become wealthy, you have to be focused on money making activities. This is one of the most important things, my book has been great, it gets me recognition and it’s also great for brand awareness but it’s not really a money making activity. When it comes to my son, that’s obviously not a money making activity but it is priceless so is the time that I spent with him in order for him to become greater and I’m so proud that he has and we’ll find out the final results as soon, but we already have an offer from a school that I really want him to go to.

So I really want to reiterate how important it is to refocus on your goals, take inventory of your lives, especially of your energies, where it’s spent, what activities you’re engaging your minds in. You could be doing meditation, reading or listening to audiobooks. Personal development never stops with me, if I’m in a car, I’m listening to an audiobook. If I’m not listening to an audiobook then I’m doing visualization or talking to someone. Have uplifting conversations, always remind yourself about divine energy, I am praying and doing all these things constantly but sometimes I lose focus. When it comes to my wealth, it’s definitely grown but it hasn’t grown to the level of my expectation. If I don’t have the focus on wealth creating activities, why should I expect my wealth to grow?

Maybe I haven’t spent time thinking or focusing on those money-making activities. Maybe I haven’t really thought about what the next big idea is for me. I want to be creating a hundred thousand a month in my business, how can I build this business up to that level or do I go into another business activity and create another business? What helps me grow to that level and allow yourself to be able to divert and pivot, take and bring it closer to your wealth, you know the kind of wealth that you want. Should everyone be focusing on this at the moment?
I would say yes and until you have arrived at that level, at that number, which makes you feel happy and comfortable. That number is going to be different for everyone. Someone’s going to be happy making 5,000, passive income very easily. Somebody else could be happy with the 10,000.
Somebody else will be happy with 50,000. Somebody else will be happy with a hundred thousand. Somebody else would be happy with a million. That number is different for every single person, that number is different and it should be unique for every single person. You need to look upon your life and think about what you’re focusing on right now. If I want a certain amount of income or wealth, what should I be focusing on?

One of the things that I realized is that it’s not the amount of money that is important to me but the way I make it, Until now my passive income has been very little, I don’t call my income passive because there’s so much work involved with creating my money, That ridiculous amount of time is not passive by any means. I realized what I really want is to have a certain amount of money coming to me as passive income so when another obstacle or situation arises, such as next year, my daughter will be doing her GCSEs and I’ll be heavily involved in supporting my daughter. I need to have a certain amount of money coming in through passive means so that I don’t have to be stressed or worried about money, so I needed to create this.

It is being focused and prepared in terms of what life has in store for you and what’s important to you, I don’t have to support my daughter but I’m going to choose to do it. I didn’t have to support my son, but I chose to do it, their father doesn’t spend the time. He doesn’t care what exam he has, that’s his choice. For me it was taking him to the exams, preparing him before exams, giving him the mindset tools, allowing him to take the energy tools and watching him be the best version of himself at interviews and exams, that was my choice, I want to do that but it also meant that those times I was not
focusing on my work or wealth building activities and this is what I have had to accept. In your life, you can have situations where you’re going to be focused on other things, that’s absolutely fair but the problem is when that temporary diversion becomes a lifelong activity so instead of being focused on money making activities, you’re constantly focusing on some other aspect of your life.
You find yourself going from focusing on your partner to your children, your health, your mother’s health, your uncle’s health and so forth. Life will keep throwing these different circumstances at you if you are not careful.

I knew I was going to have a lot to deal with, my son’s studies, Myra’s GCSEs and I had this to prepare for their education which is super important to me therefore I took the time out. Instead of thinking okay what do I do?, I already am going to allocate time for this. I’m already going to work a timetable where I can allocate energy,time and mental space to help them and support them in their education. At the same time I have a certain amount of time which I can focus on my wealth building activities.
And at the same time, creating those vehicles, the machinery require the systems in place,having those systems in place will give me the kind of passive income that I need to not stress about the day-to-day income, the day-to-day expenses, including the business and for my employees and my consultants and everything that’s related to my coaching business as well as my property business.

I am looking to buy other businesses as well. So we are going into different areas together. I am expanding and I am going to have a large number of staff working for me which means I’m responsible for other people’s livelihood,money and their income as well, which is an additional responsibility which I’m going to take on. And I’m happy to do it because it’s going to help me to build my wealth and these are part of my wealth building strategies and wealth building activities but it does mean that I have to factor that in.

Take ownership of what’s happening in your life

Whatever you are focusing on accept it and then reassess whether you’re not focused on wealth, if you are not focused on wealth, you will not create wealth, if you’re not focused on creating a business which gives you the financial freedom, you will not have that financial freedom.

There is no such thing as a random accident. It doesn’t happen that way. It’s your choice,how much time everybody puts into work. I am asking you to be another Elon musk and put in 120hrs a week,it’s your choice how much time and effort you put in your work,I am of the opinion that you should have a time that you enjoy your work and have adequate time with your family. That’s super important. Even for me, every single day it is important that I get to spend some time with my kids because that is more important than anything else for me.
But at the same time, I’m focused. Once my kids are asleep, I’m focused on creating or having conversations with my clients. My kids are so important to me. I’m always focused on them but I am also focusing back on activities, those activities which are going to build my wealth which up till now I had put on the back burner, not intentionally because I had always had excuses of Purvis happening or I should do this for Myra.

Don’t waste your time on mundane activities that can be delegated to other people or activities which doesn’t require some of your time like scrolling through social media or catching up with people? I’m not saying not to catch up with people to have or conversations,
I’m not telling you not to have friends but when you are focused on your dreams and you are really focused on becoming wealthy, you will have to put your friends on pause for a little while, not every single day.
So it’s not that I don’t talk to friends but I have a limit on the time that I do speak to them because when I do have time, I speak to my children and I speak to my clients. I do speak to my friends maybe once a week and I have individuals that I have conversations with once or twice a week.Most of the time is spent on my children or alone time with my meditations or on my business.

If I spent all my time gossiping and talking to my friends, I wouldn’t get anything done. So how much of your time are you spending just socializing and on Netflix or listening to news or other things and how much time are you spending focusing on your goals? These are the questions you need to ask yourself.

Conclusion

What are you doing with your time? How focused are you on your goal? Because if you’re not focused on your goal, if you don’t have a burning desire for this goal, you are never gonna achieve it. It will be a dream, it doesn’t matter how many mind maps you make or how many vision boards you make, it doesn’t matter how many affirmations you say, if you’re not focused on your goal, you’re not getting it. Be truthful to yourself about what you are doing at the moment, if it is getting you closer to your goals or you are just ticking along. Are you busy being busy or are you actually productive?

Check this internally and level up by focusing more on your goals.

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