I work with a lot of successful business owners. Dentists, Real Estate Investors, Optometrists, Chiropractors and more…
Most of them make strong six figure incomes, but far too many of them don’t have nearly enough to show for it. They bring in a great income, but somehow it all evaporates before they can figure out what’s happening.
I call this situation the “financial treadmill”.
Money comes in the front door and then goes right out the back door, and just like that monster at the gym, it will suck the life out of you while taking you nowhere. It leaves you tired and wondering how you’re ever going to get anywhere…
So why do these smart people with good incomes struggle to building wealth?
Because they haven’t made the critical “pivot” yet…
What “pivot” you ask?
It’s the pivot point when you begin to turn your “income” into “assets”, and it’s a LOT easier than you probably think.
Your “income” is money produced by your “daily grind”. It’s why you get up and go into the office – even if it’s at home – and what makes you feel guilty when you are supposed to be enjoying your family vacation.
Your income requires YOU to be working, otherwise the money doesn’t come in very fast (or at all).
Don’t get me wrong, income is important. But if you never make the pivot to building assets, you’ll always have to work for money instead of IT working for YOU.
On the contrary, “Assets” (as I’m referring to them) are tools that get money working for you – even when you aren’t around. They can generate income 24 hours a day, 365 days a year.
Even better, they don’t tire you out in the same way as the “treadmill”.
At worst assets will build up over time and give you a comfortable baseline of earnings for enjoyment or retirement. However, if utilized correctly, the shift from earning income to building assets will create the freedom and certainty that many clients are missing before I help them make the pivot.
If you’ve ever wondered what it would be like to have money working for you (even when the markets aren’t cooperating), then it might be time for us to have a conversation. For most of my clients, making this pivot literally changes the trajectory of their life.
It will shift you away from a future of endlessly slaving away in your business, and toward creating a future that allows you to enjoy the fruits of your labor.
What could be better than spending time with the people you love and on projects that matter to you!?
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