Turning Your Annual Income into Your Monthly Income

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This week’s question from our portal “Ask Us Anything” comes from Xavier.

With regard to going from $50,000 a year to $50,000 a month, what were the exact mechanics you did to cause that to happen? For example, did you do meditation, write things down as they came, or what did you do?

Great question!

No. What I did was, I asked myself a different question.

I looked at the way I was currently doing things to reach that goal. And I said, “If this was as easy as it could possibly be—if my mentor’s right—what would be the easiest way for me to earn $50,000 in a month?”

I wasn’t looking at what someone else could do to make that money—only what I could do.

At the time, I was charging $495 for a product that I was delivering to individuals. My answer was, “Well, I could charge $50,000 for one thing.” So then all I had to do was to figure out what I could create that would equal that much value in the marketplace.

At that time, I didn’t have the belief that what I was doing equaled $50,000 in value, but that was my own block. That wasn’t anybody else’s block.

However, I could definitely see myself making $15,000 in a month. So, I changed what I was doing, made the price of my product $15,000, and I reached $50,000 within two weeks.

Before I made this decision, I had been trying to reach this goal for two months, working at it night and day, and getting nowhere.

Then it clicked in my mind when my mentor said, “It’s easier.”

“It’s easier to make $50,000 a month than it is to make $50,000 a year.”

I realized, “I’m not making this easier. I’m making it difficult.” When I looked  mathematically at what I was doing, I was like, “There’s no way I could ever get to this number based how I’m approaching this. How does my math have to change in order for this to work?”

That’s when it came down to personal growth. That night, I made a decision to change it. I hit the number within two weeks—and from there I went over a million, just like that. I finally “got it.”

I’d recommend that you really focus on your end goal, and throw everything you have at it. Give it your all. And course-correct as you go.

Ask yourself how you can make it as easy possible for you to hit your goal.

Whenever you try something new, you get feedback, based on whether or not you made an accurate decision and took accurate action. If the feedback shows that you didn’t make the right decision (or take the right action), then you have to evaluate what you’re doing and make another decision—then move forward again.

David

P.S. In the last twenty-five years, I’ve helped countless entrepreneurs turn their annual income into their monthly income. If you want to shift your mindset around money, so you that you can have a quantum leap, you must learn how to think accurately, based on the universal laws. To learn more about this topic, join me for my upcoming Art of Success Summit happening June 26-28th. For three days, we’ll go deep into the universal laws and how you can apply them to grow your business and income to the level you desire.

Click here to learn more and reserve your spot!

“When I started working with David, my monthly revenue was stalled for months and I was having a hard time breaking out of it. I knew it was my mindset that was holding me back, but I didn’t know what it was or how to handle it. Over the past 8 months I’ve worked one-on-one with David and listened to a whole range of trainings he has done, and the shift in my thinking has been dramatic. It didn’t happen right away because I experienced a lot of resistance and internal push back in the beginning but sticking with it allowed me to start getting the breakthroughs I needed.

I’ve just closed my highest deal ever, a $50K/yr contract. I’ve raised my prices over 30% across the board, reduced my time invested in my programs in half and been able to sell contracts just the same as before. I’ve closed over $120K in annual contracts this month alone. Without the help from David, I know none of this would have been possible. I am very grateful for what David does and the clarity he is able to bring to the very confusing space of personal development.”

– Karan Dhillon, The Contractors Coach

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