4 stages of making money

There are 4 stages of making money:

Stage 1:
Have no money, use your time to make more money.

Stage 2:
Have good enough money, where you don’t know what to do with it.
Still using your time to make more money.

Stage 3:
You pause from using your time to make more money.
Learn to make the best use of your free time.
And are still enjoying the more money that comes in.

Stage 4:
You do less, and you make more.
More than you could imagine.
Also, you have as much free time as you want!

What happens after your time comes?

I read a post of a very successful business owner.
Started his business from scratch – 4 years back.
Quit his handsome day job.
To pursue his passion.

During those days, as he mentioned, his father was asked by a friend about his son. When the father told of him quitting the job, the friend mocked him.

The business owner, who is quite successful these days, went on to add about son of father’s friend, who is now looking for a job due to being laid off during the second wave.

The guy went on to remark about times changing over time 🙂

While time does change, if it also changes you from a humble human to a mocking man, the better things that time brought with itself are of little use.

The real richness is in staying humble. That is when you are able to enjoy the flavours of money.

Money without modesty is a misery.

5 minutes

5 minutes after work, sit and reflect.

5 minutes after food, sit there only.

5 minutes after meditation, do not reach out to phone directly.

5 minutes after workout, breathe.

5 minutes after waking up, revise your affirmations and goals.

The space of 5 minutes creates all the space we need.

The Raw and The Rich

If you are reading this, chances are you were not born with a silver spoon.
Don’t worry, even I wasn’t.

The point is, when we are born into a humble family and grow up to make a decent amount of money, it is easy to fall into the trap of speaking, thinking and behaving like the rich.

Nothing wrong with it.

However, remembering your raw nature, remembering the village you came from, remembering the raw tone you were raised with – if you can live with that even while shopping your clothes from Sabyasachi and be proud of that instead of being ashamed, there is nothing that you can’t do!

The rich human who hasn’t forgotten the raw human that they are, is the most priceless asset ever.

Two money lessons from my life

Some money lessons:

  1. If you want to earn more and you do have the capability and credentials for that, don’t settle for a less-paying job or contract. No one will respect you if you won’t.
  2. Pay credit card bill immediately after making the transaction. You will have reward points, AND you will not see a HUGE bill at the end of the month.

Tell me, have you tried these and succeeded?

The secret about good client relationships

Five ways to have better client relationships:

1. Always give more than you are paid for.
2. Listen to them even though you think you are right.
3. Trust they know their business better – and that trust leads to better work together.
4. If you are not able to deliver work on time, let them know.
5. Work on their work as if it were your own work. What you will see is magic!

Hard work. Work. Execution. Power. Results.
Rinse and repeat.

Money is an effort

For weeks I was struggling with making a new habit. I wanted to set a traffic control of my thoughts, and take one-minute breaks after each hour.

Tried downloading a few apps, none of which functioned.

So I set the alarm in my phone after every hour.

“What’s new with this?” you may ask!

I wanted the sound to be the one I loved and not the usual alarm stuff. However, iPhone doesn’t allow the desi jugad to add external sounds.

So I purchased a sound from the iTunes store and set that as an alarm.

Result? Those one-minute alarms are working wonders!

Here’s the psychological hack: Even though I spent a minuscule amount of Rs. 15 for a tailor-made service, it would make me use it to the fullest.

The magic is not of the amount of money, rather the effort of paying it will make me use it fully. Daily. Every hour.

The stop the shopper game

Yesterday my mind played tricks on me. It fooled into making me believe that I needed to buy a lot of stuff.

So off I went to the shopping mall with a list.

Spent time in one store, scrolling and found nothing.

Spent time in store #2, tried clothes and bought nothing.

Entered store #3, where I always find my clothing of my choice. As I was taking the staircase towards the women’s section, a sudden thought hit me: “Where are you wandering around? You already have a lottt of clothes. Going there, you’re going to spend at least 5K for just 2-3 pieces of clothing. For what? For what Bro? Just to stop wearing the existing clothes?”

This thought hit my mind, and within 30 seconds I came downstairs and got out of the mall.

Time was wasted. It’s better to learn from sunk costs and not to sink further.

Giving up art

Have you ever felt like giving up on your art because it’s not doing well?

If yes, you were never in love with it in the first place, it was simply a time pass.

Hold on to true love with your art my friend, it will stay with you when all human beings have left.