Do you dream of creating a successful business bringing in loads of money while you do what you love and live a rich juicy life at the same time?
I ask this often, when I am speaking to budding Wealth Chefs around the world. Hands fly up, smiles spread across faces, and minds start to buzz with images of all the things they will do, have, and experience as a result of what this business will create.
*NEWSFLASH*
YOU ARE ALREADY THE CEO OF THE GREATEST BUSINESS AROUND. THE BUSINESS CALLED YOUR LIFE!
When you step back and look at what are creating in this business, what do you see? Are you thrilled with the results? In any business, money, and how it flows through the business is one of the most important indicators of success. Money is the fuel, the ingredient needed to create, deliver, and expand.
If a business isn’t making a profit each and every month it isn’t going to last long.
If a business’s isn’t growing in value it is dying and soon will cease to exist or at best stagger along in survival mode.
I’m guessing your goal isn’t to just survive but to thrive and to do that you need the business called your life to be making a profit and growing.
Creating a success of the business called your life is about consistently increasing both your profit and your value.
When it comes to the money side of your life, you’ve got two vital tools which instantly tell you whether you’re on the path to wealth heaven or money hell. These are your income statement and your balance sheet.
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Your balance sheet tells you exactly what your money actions are creating in your life. It tells you your net worth and whether it is growing or contracting - which is ultimately the most important piece of information you need to know.
Before we go any further - let’s be clear… Your Net Worth is Not Your Self Worth! Paradoxically your Net Worth is closely linked to your Self Worth.
Do you resist updating or even creating your own balance sheet? Perhaps you don’t want to see a negative net worth or are afraid you may have gone backwards? Remember this is not your SELF WORTH!
Clarity give you power. You need to know where you are starting from in order to plan the best route to your destination - Financial Freedom, and you need to know what your past money actions have created to know what to keep doing, stop doing and start doing.
So strap yourself in, get excited and get the most wonderful wealth guidance system installed in your life. Create and maintain your own personal balance sheet and give the business called your life the tools it needs to make it rich, juicy and fun.
Prepare to be empowered and enjoy having these two vital wealth tools supporting you in making quality decisions that create the life you really want.
By Ann Wilson, The Wealth Chef sharing the recipes for wealth.
Follow her on Twitter @thewealthchef To advertise in thewire t. 07720 429 613 e.
the.wire@btinternet.com
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