Posts Tagged ‘motivation’

“I ask myself if it’s worth the pain i’m putting myself through. It’s at moments like this when the enemy uses his gift of deception to manipulate most to quit, But I’m not most people. I am different and I am willing to pay that price. That’s what makes winning feel so much sweeter. I will be the last one standing. I will sacrifice, I will push through the pain. What I’m fighting for is bigger than me, and nothing will stop me. I haven’t heard any bell, the whistle hasn’t been blown yet. I’ll keep going because I’ve made my choice. I will win today”. – Excerpt from Best Motivational Video 2014- I Will Win Today

Episode #106 of Valuetainment Weekly with Patrick Bet-David

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kowshon moreno crying

Knowshon Moreno Crying- Emotional Video- Valuetainment Weekly Episode #88

You can tell a lot about somebody based on their eyes and emotions. When’s the last time you got to a breaking point and made a decision that you are going to win no matter what?

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Valuetainment Episode #25: Patrick launches the book of the month for February. A book that has for years helped people from all walks of life, elevate their level of consciousness. Order it in advance and make sure to leave your review for January’s book of the month by January 31, 2014 on the PBD Facebook page.

The PBD Fan Page link: http://on.fb.me/19MyFUJ

How to participate:
1.Like the Fan Page and the Post with the Book of the Month
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2. Share the Post on your Timeline.
3. Post Your Review as a comment on the PBD fan page before the end of the month.

February’s Book of the Month: Power vs Force by David R. Hawkins, MD., Ph.D. http://amzn.to/1dzhaHV

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Valuetainment Episode #24: After sharing one of the best quotes by Buddha on how all of us are a source of inspiration for others, Patrick demonstrates the similarities between our motivation and a candle’s flame.

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Valuetainment Episode- 23: The Best 2014 motivational and inspirational video. To achieve success we must have motivation, inspiration and constantly be reminded about how special we are. Please like and share the positivity on Valuetainment Weekly with Patrick Bet-David.

Website: http://www.patrickbetdavid.com

Tweet https://www.twitter.com/patrickbetdavid

Patrick’s blog: http://patrickbetdavidblog.com/

Instagram: http://www.instagram.com/doingtheimpo…

Purchase Patrick Bet-David’s best selling book, “25 Laws for Doing the Impossible” on Amazon: http://amzn.to/SyDWq4

For Value, Entertainment and being a part of a Movement, tune in every week for Pats Five and Valuetainment Weekly with Patrick Bet-David.

Some may say that independent-contractor thinking and business-owner thinking are both the same thing, but that couldn’t be further from the truth.

We’re living in times when society is doing its best to influence us to work less and to have fewer commitments, less responsibilities, and less accountability. After all, there is a lack of responsibility, accountability, and commitment at the top of the government; this type of “stinking thinking” has been passed down to the day-to-day American, which has in turn led us to where we’re currently at as a nation.

In stark opposition to this attitude, I want to address a certain kind of thinking that gives drastically different results. In order to see how you get to this higher level of thinking, let’s start by looking at the different categories of employment.

There are five stages of employment, which many of us have gone through:

  1. Unemployed: 8.3% of America falls into this category. As you can imagine, it’s very problematic to be unemployed when you have a life and a family to support.
  2. Underemployed: This is quite a large group of people today. The waiter at a five-star restaurant who used to be a CPA or engineer but is now having a hard time landing a good job is underemployed; rather than choosing unemployment, he chose to be a waiter and make $65,000 a year with tips.
  3. Employed: This means you have a job that you’re pleased with.
  4. Independent contractor: You get paid what you’re worth in this category without a set schedule. Freelance graphic designer, realtor, life insurance agent, actor, musician, salesman, and photographer are all examples of independent contractors.
  5. Business owner: This category is a combination of an independent contractor mixed with a tablespoon of the predictable routine or schedule of an employee.

Having been in all of the five employment stages I can tell you that I learned a great deal from each level. But despite what we can learn from all the stages, most people have a desire to own their own business one day. You want to be a partner or a part-owner of a business, in a position where you’re involved in making decisions that grow the company to the next level; this kind of investment requires a different level of commitment than the first four stages.

Now let’s focus on the level of thinking associated with the last two stages. The real question is this: What’s the difference between the level of thinking or mentality of an independent contractor and a business owner?

Most independent contractors think that they’re business owners, but they run their businesses more like an employee does than a business owner. They wait for a financial crisis before going out and working hard to build up their cash reserve again. If in real estate, for example, an independent contractor will work extremely hard to land a few sales; but after making $35,000 in a month, they’ll be somewhat casual the next ninety days, thinking that they’ve already made it big. Once the money runs out, they start panicking and start working hard again. This becomes a cycles that doesn’t stop until they make a decision to start thinking like a business owner.

Conversely, there are many actors, realtors, and salesmen who are independent contractors but comport themselves as business owners. These people represent only a small percentage of the market place, and they are usually the ones who are the high-income earners.

Here are ten points that show a business owner’s level of thinking versus the thinking of a day-to-day independent contractor:

  1. A business owner shows up for work at the same time everyday unless he’s traveling or on the road. He has a set schedule and is predictable.
  2. A business owner invests money into his business.
  3. A business owner runs her own office.
  4. A business owner has a supporting staff. A personal assistant is a must.
  5. A business owner has a system for every aspect of his business in order to minimize clutter.
  6. A business owner usually has a certain set of numbers they track—sales, activity, follow up, profit, loss, etc.
  7. A business owner is a risk taker.
  8. A business owner does everything with a purpose.
  9. A business owner is constantly studying and reading to find ways to improve himself as a leader as well as his business.
  10. A business owner sets goals and pushes to the very end to achieve them.

If you’re an independent contractor reading this, you may see a few items on this list that you currently practice as well as several you need improvement in. I want to encourage you and challenge you to commit to thinking like a business owner in all areas of your business. You’ll see a dramatic difference in your business, which will in turn drastically influence your lifestyle. This higher level of thinking will get you that much closer to living your dream life.

Every four years we watch presidential candidates run their campaign around things that they will do for the American people if we vote them into the White House. This strategy of campaigning has made the American people believe that we need the government to empower us financially and personally—to, in effect, set us free. Imagine instead if someone campaigned around challenging and encouraging the American people to start making the right financial choices for ourselves: What if the campaign was built around learning how to manage our finances better, or around taking personal responsibility to read and learn about the basic principles of money? Many times we forget that this nation was built on the belief that the American people are capable of meeting any challenge that comes our way, a belief that we have proven to be well founded. Being an avid saver can help you to achieve financial freedom without the campaign promises of hopeful politicians

Here are twenty-two simple and important reasons to be an avid saver:

1. Be prepared for a rainy day.

Challenging times are inevitable, but savings can minimize the problems we face during those times.

2. Have peace of mind.

Having savings somehow makes your pillow much softer when you go to sleep at night.

3. Increase your confidence.

Knowing you have money set aside gives you the courage to invest in new business ventures or to take that family vacation you’ve been putting off.

4. Allow your idea machine to work.

Your idea machine shuts down when it’s constantly consumed with financial struggle and worries. Having savings gives your mind more clarity to come up with great ideas.

5. It simply feels good to have savings.

6. Saving is the right thing to do.

The right thing to do is to simply live below your means for as long as you can. It’s tough, but it’s the right thing to do for your family’s financial future.

7. Set yourself free.

We all want to have control of our lives and the freedom to pursue our passions. Savings provides you with both.

8. Live your dreams.

9. You can jump on good opportunities when they arrive.

When the market tanks or an economic crisis happens, people with savings can turn it to their advantage through smart purchases and investments.

10.  Cash is king!

11.  Save for retirement.

Very few like to think about retirement, but the time sure comes sooner than most people believe. Being prepared for retirement makes the transition a breeze.

12.  Save for a down payment on a house.

The days of putting $0 down payment for a house are long gone. Even if it comes back, it’s not the best thing to do financially. A down payment is a smart investment.

13.  Afford college tuition for kids.

Paying for a portion of your kids’ college tuition can give them a leg up on their financial future by lowering the amount of loans they need.

14.  Family vacation!

This is more important than most people think. Going on a vacation with the family rejuvenates everyone. It’s always good if it’s a paid vacation through your company; but even if your company doesn’t offer vacation opportunities, it’s important to set aside time and savings to make family trips happen.

15.  Purchase a new car

How annoying is it to have a car that constantly breaks down on you? Speaking from personal experience, a clunker can be costly, irritating, and even dangerous.

16.  Get your next promotion.

Employers nowadays promote executives based on their personal financial situations. Many times they prefer to promote individuals who need the money the least.

17.  Savings prevent you from making emotional decisions.

18.  Set a great example for your children.

It’s no coincidence that the financial habits of parents are passed down to their children. Parents with financial discipline usually raise children with the same habits. Children know when parents have financial difficulties.

19.  Keep in touch with your children and grandchildren.

J. Paul Getty once said, “Money isn’t everything but it sure keeps you in touch with your children.”

20.  Give back freely.

Some of the most world-changing charities were started by individuals who had the discipline to save money.

21.   Help aging parents.    

Life expectancy is increasing year after year, which means many retirees may outlive their savings. You may not be able to give your parents the entire $2,000 a month that they may need, but even $500 a month could make a major difference in their quality of life.

22.  If by any chance the Lakers go up for sale you can be a part-owner!