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UID:MEC-0768281a05da9f27df178b5c39a51263@dadsinbusiness.co.uk
DTSTART:20231106T000000Z
DTEND:20231107T000000Z
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SUMMARY:Think of inventive ways to increase your annual income by 5%
DESCRIPTION:What could you do?\nWho can help you?\nWhat is stopping you?\nWrite down the answers to these questions and reflect on your notes.\nWait, isn’t this just the dreaded side hustle?\nThere’s a lot of talk about cutting your cloth accordingly and spending within\nyour means. Of course, this is very relevant advice and shouldn’t be ignored,\nbut for me, as I looked to have a better relationship to money and begin\nworking more proactively towards my goals, I didn’t want to constantly be\nlooking backwards and down, but rather forwards and up.\nI built systems and process to help create a sound foundation for our family\nfinances and by checking our budgets each quarter we get in to quite positive\nhabits to ensure we are lean mean family machine.\nBut then there’s that burning desire and ambition for something else – for\nmore.\nI must highlight, I don’t mean more for the sake of more, but for the continued\ndevelopment of me, my goals, skills and desire to provide for my family, to\nchallenge me to be the best I can be and to realise our personal and family\ngoals.\nSo whilst systemising the rear view and cost cutting, I run headlong in to the\nforward view and looking up.\nThis challenge is perhaps one of mindset. There is something called the\nlack mindset or scarcity mindset that really helps manage the budgets and\ncost cutting exercises I mention. But then there’s the growth mindset or the\nmindset of abundance; that there is more than enough to go around and if\nyou put your mind to it you can grow your income.\nYou might want to change the % here but I like to keep things realistic for\nme. 5% revenue growth year on year is an okay target for me. I will often\nconceptualise or mind map new ways to generate that little bit more revenue.\nThis could be products and services from within existing markets and offers\nor it could be a new project, investment or something totally out there.\nI think creativity is key to a healthy mind and a healthy life and allows me to\nstay fresh in all the roles I play. If I find myself looking backwards and down all\nthe time I become stressed, anxious and moody.\nGiving myself permission to look forwards and up is fun, it’s aspirational and\nkeeps me in tune with my purpose and goals.\nGive it a go and have some fun!\n
URL:https://dadsinbusiness.co.uk/events/think-of-inventive-ways-to-increase-your-annual-income-by-5/
CATEGORIES:Money
LOCATION:Page 72-77
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