Take the Fear Out of Financial Uncertainty

by Jonathan

Take the Fear Out of Financial Uncertainty

With economic hardship on the increase and a growing lack of financial resources, it can be easy to slip into temptation. What kind of temptation?

There’s a temptation to try and make money as quickly and easily as possible. This is a mentality that can leave you vulnerable to all kinds of schemes. The lure of quick money can be hard to resist, especially when bills are piling up and the pressure is on.

The latest, greatest, fastest…

To compound the problem there is a seemingly endless army of marketers ready to sell you their newest release of the latest and greatest make money fast program. They can be so convincing! You know the story: How I went from food stamps to a Ferrari in 90 days and here are my clickbank screenshots to prove it. Give me a break.

If buying these programs worked even one tenth of the time then everyone I know online would be an internet millionaire. Chances are pretty good that you are the proud owner of a few of these programs, right? Trust me, you are not alone!

Then there’s the social media detour

Don’t get me wrong, social media has a place in every business, but from what I’ve experienced the time invested rarely represents a high ROI (return on investment). How are you doing on your twitter or facebook based million dollar empire?

My point is not that you can’t gain client contacts from social media because you most certainly can. But let’s be honest, social media makes it far too easy to diddle away hours of your valuable time when you could be doing something that produces more sustainable results.

Chasing the gold ring leads to irrational behavior

If we allow ourselves to focus on chasing money by following the crowd, we become easy prey for every get rich quick idea that comes along. This kind of pursuit is often accompanied by the tendency to throw reason out the window.

Millions have experienced an unplanned loss of income in the last few years and are desperately seeking a solution. The problem is, the more desperate we become for money, the more likely we are to make irrational choices that just compound the problem. When the fear takes over, rational thinking gives way to impulse.

What can we do if we find ourselves in this situation?

Ask yourself the kind of questions you would ask a friend if you were trying to help them to avoid making a foolish mistake.  This will help reintroduce reason into the equation. Here are three examples:

1. Do I know anyone else who has succeeded using this approach?
2. Have I done any research to determine if this is a scam?
3. How much would I have to invest and can I really afford to do that?

I’m reminded of the question: How come we never see the headline, psychic wins lottery? Asking the right questions is a way to bring us back to reality while allowing us to use our resources in a more creative way.

Yes, these are uncertain times, and sadly there are unscrupulous people who will try to leverage the situation.  They will see your fear as an opportunity to take advantage of you.

Strengthen yourself on the inside

You become most vulnerable to these kinds of situations when you are looking for a solution outside of yourself. True success and stability come from within. Having a successful mindset is the best defense against the fear of financial uncertainty.

Your mindset doesn’t change the fact that you still need an income, but it does change your approach to that challenge.  If financial uncertainty and fear are starting to get the best of you, it’s time to turn things around right now. Once you get control of the fear, turn your attention away from the quick fix. Instead, concentrate on sound business models that have stood the test of time and have the potential to become a sustainable source of income.

Look for real solutions and avoid the latest financial fad

I recently watched some free video training from a man who has created more millionaires and multimillionaires than anyone in the history of the world. These videos really helped me see why so many people go broke while working hard to create an online business. The man’s name is Dan Kennedy and this is the first time he has ever offered free training. His normal coaching fees start at $18,000 per day.

As you might have guessed, these videos are leading to a big product launch called GameChanger, but these free videos have information that I have never seen anyone offer even in a paid product. I am NOT encouraging you to buy anything, just go watch the videos. I apologize for the opt-in (I opted-in and it was so worth it), but I promise you, they will change the way you view making money, especially in these times of financial uncertainty.

Has the economy been putting pressure on you?
Have you invested in programs that haven’t paid off?
What’s your take on the videos?

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{ 6 comments… read them below or add one }

marc

The fear of financial uncertainty is a very deep fear and can be a strong driver to perform activities to gain new money, and that’s good. However, if the emotions involved are too strong, it is easy to engage in activities which don’t help at all and fall into the “latest, greatest, fastest” trap. For me, the challenge is to keep the balance between going for new opportunities in an reasonable way without falling into the trap of pure emotion based “latest, greatest, fastest” trap.

Thanks for reminding me of this challenge!

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Jonathan - Advanced Life Skills

Hi Mark, there is a lot of energy around money along with a lot hype. It’s always a situation that calls for discernment and balance.

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Jake

Just watched the fourth GameChanger video. It’s easy to see why so many of Dan Kennedy’s clients go on to dominate their niche, the guy is in a class by himself. I wish I had learned this stuff five years ago. Thanks for posting it here, been a real eye-opener.

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Jonathan - Advanced Life Skills

Hey Jake, I totally agree. You are the first one to comment on the videos an I have no idea how many of my readers actually watched them. There is a PDF download on the video pages that includes the main points he covered. It makes a good reference. He is going to pull the videos down on Friday 9/30 so grab the PDF while you can.

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Tony

I watched the video and read the pdf. If that’s all you do, it’s time well spent.

Here’s my take.

Dan Kennedy lives where Psycho-Cybernetics meets Direct Marketing for the entrepreneurial non-direct marketing professional.

And why not? Dan bought the rights to Maxwell Maltz’ classic “Psycho-Cybernetics” some years ago. And his specialty is direct marketing in many, many product and service categories.

As I see it, he is all about a mindset that says “I know I’m very good at what I do and I can add value to my market. I believe this to be true even though if I don’t know how to communicate with that market effectively and I’m not even precisely certain who is in that market.”

This is akin to a comment a musician friend of mine has been saying for years. “You got to know you’re good even if you are not working.”

If you either have this mindset or are willing to develop it, you can find oodles of opportunity with Dan’s material. It’s essentially what he has taught for years and it’s still as valuable then as it is now.

Thanks for posting the link.

Reply

Jonathan - Advanced Life Skills

Hi Tony, I really appreciate your feedback here. I didn’t know that Dan had purchased the rights from Maxwell Maltz, but for some reason it makes total sense. There is a good reason why so many of his students are at the top of their field. The guy rocks.

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