SOME HOMEWORK -

So are you ready to begin? You need to get a handle on the reality of your numbers before we start moving forward – and remember I asked you to work out your PSB? Do you still have that piece of paper to hand? Have you worked out the very minimum amount you need to survive as a family?
 Well grab yourself another sheet of paper.
 Well write down the money you have coming in on a monthly basis on the bottom of a sheet of paper. Add 10% to that number and write it above the first number – then score out your original amount.

THIS NEW NUMBER IS YOUR DANGER AMOUNT!!!!!!!!!!!

If you think I’m crazy – then answer yourself (honestly) the following question.

“If I were earning this amount of money would I be happy?”

I’m willing to bet that today, your answer would be “Yes” –If you had a little more money than you currently have you would have a happy life – right?

Well lets face it if you were really, really unhappy with the income you have coming in you would have already done something about it, you would already be focussing on multiple ways to increase your income, you would already be creative about finding and seizing the opportunities that surround us everyday.


Maybe being on here is the first step towards you doing that – right?


I do need you to get dissatisfied with the income you currently have – but I want you to excited about the opportunity you have in the future for creating a fine financial future for your family.


So strike out you danger amount – it’s a number you need to be aware of – but you are no longer going to focus on.

Double you income – now if you are feeling brave, double it again and write that number at the top of your piece of paper. A fourfold increase in your income – how does that feel? Too scary, or are you getting curious and already thinking of how you are going to achieve and surpass that target?? That’s the number you need moving forward.


Now you may want to grab a calculator and follow me through doing some maths that’s gonna change the way you shape your life. (Memorygirl I need you to post you working out to this when you throw me up onto the Blog – and be 100% honest with yourself because this is important) I want you all to start considering another number in your life – your hourly rate.


Take a new sheet of paper and write your new amount at the very top.


These are the workings out from Memorygirl’s conversation with me this afternoon.

OK – so we assume that in your new life you are gonna want to take 8 weeks holiday in the summer (you got your boys to have adventure with) and 2 weeks over Christmas and maybe another 4 weeks as “short breaks” over the span of your year. So you will be working for yourself for 52 – 14 weeks or 38 weeks.


I want you to allocate one day a week for “working on your business” – so you are only going to be generating revenue for 4 days per week.


I only want you to be working 6 hours per day – you have young boys to consider and to be a success I need you to give your home life the same priority as you work life.


So I need you to work out what your minimum hourly rate will be for the six hours a day that you will be working.


So your total at the top


Divide the number by 38 weeks


Divide that number by 4 days


And divide that number by 6 hours


So you got your hourly rate worked out yet???


Over to you. Use the same assumptions as Memorygirl and work out what your hourly rate is. Is this more or less than you are making at your employment? I hope its more – because then we can have some fun moving you towards a bigger, brighter financial future.


Write this number up and post it up where you can see it– make a declaration that this is what you are worth per hour to the universe………… in reality you are worth so much more.


…………….. you do know that don’t you??


I will be back tomorrow


Mr Big