I hope that you had a great weekend! Did you like my last motivational series about how to gain Freedom in your business?
As you know, I start every week with some positive words of wisdom and today’s are:
Today I’d like to share one mistake I used to make (especially when I first got started in sales and marketing). It was a mistake that held me back quite a bit from making progress and that dragged my self-esteem down.
That mistake was that I often tried something – like a personal development strategy or tip – once, twice or just a few times. I thought that would be enough to see results. I have since learned that this is not the case. These tips are not a light switch you can just hit once and then your life is different. Instead, i have learned that it often takes a whole bunch of tries. You may need to work on it for months (or even years!) to get something to work and start seeing results.
When it comes to trying something new, don’t be distressed if the road ahead seems tough. Resist the urge to lower your self-esteem and beat yourself up because something isn’t working for you and it works for others. You could start thinking that there must be something wrong with you when it works for so many other people in the world. Don’t continue on that downward spiral of being down on yourself. There’s nothing wrong with you! Just give what you’re trying out (and yourself) a bit more time.
“Do not save what is left after spending; instead spend what is left after saving.” ― Warren Buffett
Do you put some of your household’s money into a savings account every month? You would be surprised by how many Americans aren’t ready for a potential significant loss in income. Approximately 7 in 10 Americans would feel the weight of a loss of income in a month or less.
Most financial experts recommend that a person or family have at least three months’ (and up to six months’) worth of expenses in an interest-earning savings account to be ready for unexpected financial hardships. Savings above and beyond that amount should be in a retirement or investment account.
Check out our full blog post with more information, including detailed explanations of ways you could be saving more of your money, including:
- Instituting a waiting period to avoid impulse purchases.
- Tracking spending to identify savings opportunities.
- Cutting back on unnecessary expenses.
- Taking advantage of free entertainment in Boston.
- Reducing or eliminating recurring expenses.
One easy place to save money is on your insurance policies! Call Vargas and Vargas Insurance Agency at 617-298-0655 to ask about how you could lower your insurance payments. While we’re chatting, let us recommend a financial advisor to you. With our help, you could be well on your way to bolstering your savings and being ready for any unexpected future expenses.
Ready for this week’s words of wisdom? Here you go!
For the last several weeks, I have emailed you to discuss the steps that you can take to gain Freedom in your business. For a reminder of my tips, click here.
To recap, here are the three steps to freedom:
- Release yourself of tasks you don’t like doing
- Release yourself of tasks you don’t know how to do
- Release yourself of tasks you feel you shouldn’t be doing
- Have desire
- Overcome self-doubt
- Push out of comfort zone
- Learn and apply Pareto’s Law
- Get help by hiring an assistant
Have you been implementing any of my advice into your daily routine? I would love to hear how it has been working for you!
If you need help getting started and want to see how you can do this in your business, let’s set up a strategy session so that I can answer any questions you may have and see if I can help your design your own roadmap.
To do so, click here: https://meetme.so/InsuranceAgencyFreedom
Look out for my email next week, when I will start my next Monday Morning email series all about how to try new things and push your personal limits in order to grow.