Paul O'Mahony Talks About T. Harv Eker

To Get Wealthy You Need To Get Comfortable With Lots Of Money

“I love money and I love the idea of making even more money!”

Say that aloud and see if you’re comfortable saying it.

Can you say this to a friend comfortably – in fact, can you say it as passionately as when you’re explaining your latest travel adventure?

If not, some negative money beliefs may be holding you back.

The problem with negative or limiting beliefs about money is that they will cause you to subconsciously sabotage yourself along the way in your quest to earn more money.

On one hand you will want to earn money but on the other hand your subconscious belief that “Money is the root of all evil.” will contradict that initial idea and it will hold you from attaining more money.

Somewhere in our past we were taught to believe that there is something wrong with having a lot of money.

Why Do We Believe Having Lots Of Money Is Bad?

I think the main reason why this is so is because when we hear about people with a lot of money, in most cases, we hear negative stories. Especially on TV.

They don’t to tell us about a successful entrepreneur who has built a super green ultra-light airplane which won NASA’s “green flight challenge” for the third time in a row.

That’s not what we hear, we hear about Bernie Madoff or we hear about the greedy stock brokers or the bankers that keep getting fat bonuses even though they pushed us to the brink of economic collapse.We associate people with a lot of money with bad things.

We may do that consciously or subconsciously but that’s what we do.

And so we don’t want to be associated with those people.

Why? Well, because most people around us think the same way.

“If you have a lot of money you must have done something dishonest because ordinary people, even if they are very smart, don’t have a lot of money.

So how come you, a normal guy who doesn’t have an IQ of 200 and is not a member of MENSA… How come you are so rich and I am not if I´m just as capable as you are?“

And so that’s what most people around us will feel. And because we feel the same way, we project that on other people too. We believe everyone feels the same.

And so we don’t want to be the person with a lot of money expressing freely how much you love money. And so you become a victim of self-sabotage. And so you don’t get the money.

You will unconsciously perform actions that will stop you from earning a lot of money.

Success Or Money?

And one of those actions is how we avoid talking about “money” and instead refer to it as “success”.

“Online business success.” “Did you succeed online?”

Why are you substituting the word success with money? It’s money. “How much money did you earn?”

I am earning $10,000 a month could be a good answer. If you’re not comfortable saying that than you will not earn $10,000 a month.

Of course discomfort may change over time. So you might be comfortable earning $5000 but not more.

But when you’re earning $5000 you realize this is really cool I’d like to earn $7000.

And as soon as you allow yourself to earn $7000 per month and feel comfortable thinking about it, you will be able to earn that much at some point.

And if you’re not comfortable you might get stuck even though you’re consciously saying I would like to earn $7000 or $10000. But in your subconscious there might be a block of staying at $5000.

Anthony Robbins – the famous motivational speaker – wrote about dealing with his own money beliefs in one of his books.

I don’t remember exactly which book but perhaps you can Google that and find out how he was stuck at I think one million dollars per year and once he reached that he was not able to earn more and move forward until he realized that he had a limiting belief about money.

He believed that one million dollars per year was enough. It was simply enough to live well and that anything more was simply being greedy.

(In fact, you might nod your head while reading this and agreeing to this idea – and that’s where you would get stuck too if you reached a million dollars per year. That’s your limiting belief too.)

And so when he was able to overcome that, he was able to earn more. But what that translates into actually is not doing bad, evil business; it’s just that he was then able to expand his business.

Before he was subconsciously stopping opportunities that would actually allow him to expand his business and earn more.

And once he realized that earning more than the million dollars per year is fine then he actually expanded his business and he was able to help more people.

Your Income Is The Reflection Of Your Value In The World

How much money you earn is nothing else than your value in the world.

This formula defines your income:

“How much money you earn in your life is how much value you provide to people times how much you think you are actually worth.”

So you might be providing a lot of value to people but if you think that this is not really worth a lot (and that comes down to your self-esteem!) then you won’t earn a lot of money.

And if you believe that what you’re offering is extremely valuable then you will raise the price of your services or products and that will multiply into a lot of money.

And this is where most people get stuck.

They might actually offer a lot of value, but they don’t think it’s actually that valuable.

They think it’s nothing special. Because they think they are nothing special.

(Where they acquired that belief is another topic. You can dig deeper into psychology and parenting – that’s where I believe it all stems from).

So again the key question, the key point is “how much money you earn is how much value you provide times how worthy you think you are”.

And how worthy you think you are is typically stuck at the same point for years – while in fact it should be growing and growing. And this is another point where people get stuck.

10 years ago you might not have been as worthy as you are right now. Because you were less skilled and experienced than you are now.

So yes, at that point you were not as worthy and as valuable and you couldn’t charge so much for your services or products – but in time you learned more, gained more experience and now your information is more valuable to people.

But in your mind you stayed at the same level.

If you were an adult 10 years ago, you didn’t really change much until now – physically or personally.

You still have the same friends, live in a similar way and it seems that everything is more or less the same – BUT your information is much more valuable now!

You now have much more experience and you can help people faster in whatever you are doing.

And so you need to value your information more in time.

Actually every year you should charge more for your services because you’re smarter, you have more experience and you bring more value to people.

And I think this is where a lot of us get stuck. At some point we judge our value and we say “This is how much I’m worth now.”

And we don’t feel that we have changed in time.

Why? Because you’re changing extremely slowly. Like a child grows. When you’re with a child you don’t see the child growing.

When your grandmother or some relatives sees your child once every month they say: “Wow, how much he’s grown!” They can see the difference.

So you, yourself you don’t actually see the difference in your teaching or whatever you’re doing.

But if someone (honest and sincere) you have taught 5 years ago would come back again and you would teach that person again, that person would say: ”Wow, your teaching is so much better now. You should charge more.”

Love of Money and Integrity

In order for you to be comfortable with money and earn a lot of money you must be able to say: ”Money is fantastic. I love money.”

But not at the cost of losing your integrity. Because that’s the problem, you might lose integrity.

The money thing is extremely addictive. It’s one of the greatest powers for your ego.

Your ego thrives on money. Because money gives you power.

And why do we thrive on money? Why do we need that power?

Because our power was taken away when we were children.

By parents, by bullies in school, by coaches, by teachers, by stronger people and you lost your power and now you’re fighting back for that power with money and status: your car, your house, your travels, your stories, with your facebook pictures where you are always perfectly happy.

That’s just a sign of power that you want to present to other people. And you need money for that.

And so that’s where the problem can begin: where your love of money or your ego takes over integrity and you want money at any cost.

And that can be the problem with loving money.

But if you don’t lose integrity then there is no problem with loving money and in fact that’s the only way to earn a lot of money and be wealthy and be free.

The real question you need to ask yourself is why do I need money? Do I need money to show something to other people? Or to gain power for my ego? Or do I need money for myself?

If I’m going to the Australian Open for myself to watch Roger Federer from Row 4 then I love money, it’s fantastic. If I fly business class there, 9 hours from Bangkok to Melbourne it’s just fantastic.

I’m not doing that for showing off. I’m not doing that for anyone. I’m doing that for my personal pleasure and enjoying life. And so I need money to do that.

And so if I don’t have money I’m going to go to the local store and eat something and stay in Slovenia for the rest of my life and take two vacations per year. And that’s not good enough for me in the one short life that I have.

Life Is A Game With One Life

I used to play computer games when I was a kid. At some point I started playing a very difficult game (Baldur’s Gate 2) where I kept dying and the game kept saying “Save often because you will die often!”

So when you died you could reload and play from there onwards.

Eventually I became better and started reading forums about this game. Then a new craze came out: how to complete the game without dying once!

Once I started playing the game that way, it sort of dawned upon me later that – well this is my life. This is my life from zero to 100 or 80; I don’t know how many years I will live.

And I have one single life and I have just one chance to get through life from zero to the end without dying. So what do I want to do with it? Am I going to go to work and sit in my office and go to sleep and play some tennis and that’s it?

While all sorts of interesting things are happening around the world?

Tennis tournaments. Traveling around the world and meeting other people.Going to conferences.  Having fantastic vacations.

Why don’t I deserve that?

I do actually. I have just one life.

But on planet Earth I have to pay for everything.
This is planet Earth. This is not some imaginary world in Heaven where if I am nice they will let me stay in a five star hotel and watch Roger Federer from row 4.

No that’s not how this system works. It works ONLY by paying for it – you guessed it – with money.

So in order for me to fly to Melbourne and watch tennis which is a fantastic experience for me, not for someone else but it is for me, then I have to have a lot of money.

And I have to love money in order to get there.

And If I have a problem with earning a lot of money or think that money is the root of all evil or some negative beliefs about money, then I simply won’t get enough of it.

I will stop and self-sabotage myself subconsciously along the way of earning money.

Get Comfortable With LOTS Of Money!

If someone asks you how you’re doing financially, you need to be able to comfortably say: ”Hey, I’m earning tons of money and I love it”.

And if they’re jealous then they’re not wise enough. What they should do is respect you and say: ”Well, show me how to do it.”

That’s what a mature and wise person would do. But someone who is immature and unwise and has a lot of negative beliefs will be jealous and will not like you.

Well, I don’t like these people either. 😉

Why do you have to be liked by everyone? I don’t like people who don’t like me. I don’t need to be liked by everyone in this world.

I have a group of my best friends and a group of good friends and they don’t mind if I earn a lot of money. They’re happy for me.

Then there are other people who say: ”That’s fantastic – show me how to do it.”

That’s why you’re reading this blog. You want to see how I did it.

So that’s what it’s all about. Being open to new ideas and being honest about the idea of earning more money.

Getting Rid Of Limiting Money Beliefs

I am not an expert on getting rid of money beliefs so I can just point you to a couple of resources.

Go through the list of money beliefs and see which one of those make you uncomfortable. If some of those make you uncomfortable then that means you will self-sabotage yourself at some point.

You’re going to turn down a deal for a joint venture. You’re going to pass on the opportunity to publish your ebook on a successful publishing website.

You’re going to miss an appointment with an affiliate manager and never hear from him again.

You’re going to buy the wrong website; you’re going to sell the wrong website.

You’re going to hire the wrong freelancer. You’re going to hire the wrong designer. You’re going to make this mistake and that mistake.

And these things will not happen because you’re stupid but because your belief is preventing you from earning more money. Your limiting belief has set a level of money or income that you are comfortable with.

And when there’s chance you will earn more, you’ll feel uncomfortable and then do something to avoid this discomfort. And all that will probably happen totally outside of your conscious awareness.

So you need to deal with negative money beliefs now, consciously.

And be cool with it, life is a game with only one life, so how are you going to play it?

Source: http://www.freedomideas.com/to-get-wealthy-you-need-to-get-comfortable-with-lots-of-money/

The 10 Most Limiting Beliefs About Money (& How to Remove Them)

The #1 thing that will determine your financial success in life is your mindset towards money. As I already wrote in The Big Picture Guide to Get Control Over Your Money, your attitude towards money is actively creating your financial reality. And the most influential part of a mindset are the beliefs you hold true.

Unfortunately many beliefs are operating subconsciously. Once we accepted them they are our reality. Until we question them again. So the first step is always to get aware that these limiting beliefs about money exist at all. You need to find them.

What are Your Beliefs about Money?

Maybe your money beliefs are already empowering you to create an abundance of money in your life. But maybe there are still some limiting ones. Then it is relieving to get these limits out of your way.

So think about it, what does money mean to you?

Complete the sentence: Money is ______. Fill in the blank.
And then: Money means for me ______. Write it down.

This little exercise alone can reveal some of your limiting beliefs about money.

The Top 10 Limiting Beliefs About Money and Corresponding Supporting Beliefs

Here are some of the most common limiting beliefs with money. See if you find yourself in them somewhere. Along with the limiting belief I will suggest an alternative belief that is empowering instead. You can adopt the empowering belief by repeating it in your mind and overwriting the limiting belief:

1. “Money is the root of all evil.”

A common misconception, if you haven’t mastered this area of your life yet, is to think of money as something bad, or even evil. It’s an abstract belief, looking from the outside. Or maybe you have had some bad experiences with rich people and created the limiting belief that with money everybody will become like this.

Or maybe you think about when people make money their one and only goal in life. When they start chasing money and get blind for higher human values like love, compassion and character integrity. This, of course, is wrong. But it’s not the fault of money. The people doing it got it wrong. They made money their king. They have become a slave to money.

Money was created as an exchange medium for the value of traded goods. So it is just an expression of value. If you have a lot of money that means that you have created a lot of value, for other people. (I know there are exceptions to this, for instance a bank robber. But that’s no role model and you don’t want to become one either.)

So money is just a neutral medium that follows along with how you use it. It is your responsibility to make the best out of it.

Replace it with this supporting belief:

“Money is neutral and a resource to do good in my life.” [Tweet this!]

2. “Money is not that important. It’s only money.”

This limiting belief about money expresses that you don’t take money seriously enough. It’s not one of your priorities. But this is the exact reason why you haven’t achieved a satisfying situation with your money yet.

Treat money with respect and give it the time it deserves. Then “it” will respect you.

Replace it with this supporting belief:

“Money is one of my priorities in life.” [Tweet this!]

3. “Money is there to be spend.”

This belief comes from not understanding that in order to create financial abundance you actually have to save money. If you spend all the money you earn, instead of saving and investing it, you will never create the financial abundance that you could have.

Spending money on nice things has its place, you should enjoy your lifestyle. But don’t overdo it. You have to make sure to get into the habit of saving and investing money.

Replace it with this supporting belief:

“The money I don’t spend makes me rich.” [Tweet this!]

4. “The rich get richer and the poor get poorer.”

This is really a big excuse. It is especially an disempowering belief because it gives away your responsibility to care for your money situation. And whenever you give up responsibility you also lose power and influence over your life.

Replace it with this supporting belief:

“My financial reality is entirely up to me.” [Tweet this!] and
“Everything I need to create financial abundance is already inside me.“ [Tweet this!]

5. “I’m just not good with money.”

This is another piece of rubbish because it asumes that you cannot learn new things.

As I wrote in the Big Picture Money Guide you have to educate yourself about money. Study money. Then  improvements will follow naturally. Start by reading a good book about money.

Replace it with this supporting belief:

“I learn and use knowledge about money every day.” [Tweet this!]

6. “My family has never been rich.”

The past does not equal the future. Especially if it isn’t even your past. You are a complete independent and individual person. What other people did or did not has no power over you. You decide now!

So take responsibility for your own life and learn to improve your financial life today.

Replace it with this supporting belief:

“I can create my financial independence by learning and acting on it.” [Tweet this!]

7. “Money is a limited resource.”

This plays into the scarcity mindset where you would think that there is not enough for everybody, including you. This is opposed to the abundance mindset, which assumes that abundance could be created for everyone, including you.

Replace it with this supporting belief:

“There is enough money to create financial abundance.” [Tweet this!]

8. “You have to work (too) hard to get wealthy.”

You don’t get wealthy by working hard (only), you get wealthy by doing the right things. And it all starts with adopting the right mindset towards money.

And one part of it is to look for the smart way to get wealthy. Not in a sense of looking for a quick fix or doing questionable things, but by understanding what leads to wealth.

This means understanding how you can create real and lasting value for others and then offering it for a good price. This is true whether you are a business-owner, self-employed or employed.

Replace it with this supporting belief:

“To get wealthy I just provide real value for others and ask for a good price.” [Tweet this!]

9. “Either rich or happy.” or “Either rich or healthy.”

Playing the “either rich or…” game is based on the wrong assumption that to get rich you have to get out of balance. This is not understanding balance.

When you know where you can create real value for others, it just becomes one part of your life, as any other like health or happiness. It then will be just one part that goes well.

Replace it with this supporting belief:

“Money is just one part of my life I handle exceptionally well.” [Tweet this!]

10. “It’s selfish to want a lot of money.”

Money is an representation of the value you have created for other people. As I said in the 1st belief it is a neutral medium and it’s entirely up to you what to do with it: good or bad.

If you are able to create value for others, that’s a giving personality already. If you use your money to help even more, reinvest it in your services or in the good services of others, then that is adding more value to other peoples life.

Replace it with this supporting belief:

“The money I earned is showing the value I created for others.” [Tweet this!]

If you believe any of those or similar beliefs you have to change the way you think about money. Because these beliefs are shaping how you handle your financial life and how you tend to create a reality aligned with these beliefs.

Expose Your Own Limiting Beliefs About Money

You can find your beliefs all by yourself: Complete these two sentences to find your beliefs about money:

1. I’m not financially free, because ___________.
2. I’d love to have more money, but ___________.

You can use “because” and “but” for exposing your limiting beliefs for any situation. Maybe you want to adapt the sentences a little to fit your needs.

Then try to come up with supporting beliefs about money as in the 10 examples above and overwrite the old limiting beliefs by affirmations. For instance repeat your new found supporting belief while you are jogging, relaxing, in the morning or before you go to bed.

Good luck and I wish you an abundant financial future!

Source: http://www.myrkothum.com/limiting-beliefs-about-money/