Archives For self improvement

How would it feel to knock out your bucket list…..way before you kick the bucket?

When someone thinks of a bucket list it is only natural to think well into the distant future. Treating these dream items as distant wishes. I’d like to prescribe to you that you can begin dipping into that bucket list today!

 

Your Bucket List Today
Quite a while back I was fortunate to be invited into an elite study group. The study group consisted of many friends/peers who were leaders from around the country within the financial planning field. Our group, which was called Top Gun School, followed Dan Sullivan’s Strategic Coach Curriculum. If you aren’t familiar with Dan Sullivan or The Strategic Coach; I’d encourage you to make the investment in yourself. The investment is substantial however the return on investment is immeasurably life altering.

There were numerous exercises and growth moments throughout the eighteen month course, however one session in particular has always stood out. The idea that your dreams are actually much closer than you realize.

The exercise is quite simple. As with anything important its the execution that makes all the difference.

We began by taking a couple of hours in solitude to list all that we wanted to accomplish in our lives. Categorically we segmented the list into short term, medium and longer term objectives. A bucket list of sorts.

This is where the excitement grew for each of us. We began to list the necessary steps to make each of these dreams or big ideas become a reality. Next we began placing time frames/deadlines around each of our next steps. For many of us we began to envision completed projects or the coming fulfillment that was once a dream and now was a certainty

There was a realization that many items were well within reach in the near future when we simply prioritized our time and energy towards completion. It wasn’t long before we began sharing stories of monies raised, trips planned or simply the groundwork being laid out on some really big ideas.

I certainly don’t want to oversimplify the process. However, I firmly believe that when action items are applied to ideas results will surely follow. Michael Hyatt says it this way, “With action comes clarity.”

At Drive Planning we use the phrase (even hashtag) Be Intentional! The exercise that our Top Gun Group went through simply taught us to Live with Intention. Having an instructor, Kevin Murphey, whom we all looked up to and admired to hold us accountable certainly made a huge impact on each outcome. The best in any sport or field have coaches and mentors.

I want to invite you to create that Bucket List and begin reeling it a bit closer each day, week or month. Find a mentor/coach to push you. If our Be Intentional Package will help you, well all the better.

 

Just get started!

Does your network frequently discuss business opportunities or personal growth? If you answered No, the information below is likely for you!

 

Network Quote

 

Recently, in a group setting, I made the statement above which brought several people up to me afterwards wanting to discuss this idea further. Later the image above was posted on twitter which triggered 3 text messages expressing interest and support for this message.

I’ve believed this for a long time but these responses suggested that more and more people believed this also. For years I’ve had clients mention this to me; That they just didn’t know people who liked to talk business or ones that knew about investment opportunities.

Have you ever heard the old adage, The Rich Get Richer? Of course, but maybe it isn’t solely about the fact that they have more money invested thus making money. In fact, I believe that its derived from this idea that who you know makes a significant difference in your wealth building. 

Robert Kiyosaki says, “your income will mirror your five closest friends.” So all of this information leads me to believe that we should pay close attention to our circles, conversations and information that we seek.

I’d like to provide you with a few ideas that will give you an opportunity to begin developing a network that will help you to increase your knowledge and the value of your circles. When you Join as a Member of Drive Planning you gain access to investment deals, people and opportunities that you may not normally find. In addition to tapping into our network of advisors, information, knowledge and successful people you may also want to consider these ideas below.

However, if you want to fast track your knowledge, network and opportunities consider joining Drive Planning and our customized approach for you. Contact me directly or reach out to memberservices@driveplanning.com for more information. If you’re ready to get started on a new path click here to begin!

 

Follow me on twitter, LinkedIn and Facebook to continue the conversation.

 

 

 

One of the tools we are able to utilize when discussing the best course of action to secure your financial future is known as The Personal Economic Model®. Much as a medical doctor would use an anatomical model to convey medical concepts, we use the following model to convey financial concepts.

 

Personal Economic Model

 

This model offers a visual representation of the way money flows through your hands. On the left, you will notice the Lifetime Capital Potential tank which illustrates that the amount of money you will control during your lifetime is both large, as well as finite. Once earned your money flows directly to the Tax Filter where the state and federal governments extract tax dollars due from earnings on your monthly cash flow. The after tax balance is then directed to either your Current Lifestyle or your Future Lifestyle determined by your management of the Lifestyle Regulator. Determining the balance of cash flow between your current lifestyle desires and your future lifestyle requirement may be the most important financial decision you will ever make.

 

Here’s why.

Each and every dollar that is allowed to flow through to your Current Lifestyle is consumed and gone forever. The goal is to accumulate enough money in the Savings and Investment tanks so that by the time you retire, the dollars in those tanks can then be used to satisfy your future lifestyle requirements.

Position A would be to have enough in the tanks to live like you live today adjusted for inflation and have your money last at least to your life expectancy. That’s a win, but the icing on the cake would be to accomplish that with little to no impact on your present standard of living, and that is exactly what we strive to help our Members to do.

In working together, we can help you to address the following:

  • Optimize the balance between your Current and Future Lifestyles
  • Improve efficiency in your current personal economic model
  • Design, implement, and execute a plan to secure your financial future
  • Limit the impact on your Current Lifestyle dollars (maintain your current standard of living)

 

If you would like to explore The Personal Economic Model for yourself please contact me to set up your complimentary first visit. In addition, you may want to connect on-line through some of our Social Media Platforms – Facebook, Twitter or The Drive Planning Website!