MONEY SPENT IN YOUR HEAD PT. 2

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Making the change/transition from personal to business is never easy.  It takes a complete transformation of the mind.  It would benefit all of us to view our personal lives, especially the financial portion of our life in a business sense, setting up systems for receiving and distribution of funds; planning and implementing plans for growth, pursuit and securing the desires of life.   That method is much great than our current one of moving forward and figuring it out later.   Not everyone has the desire to move from their job to entrepreneurship and still the benefits of taking a ‘business’ approach to handling their personal finances cannot be denied.  It would decrease the age-old and ineffective process of buying what we want and begging for what we need.

For those who do take the plunge or even have the desire into entrepreneurship, one of the most difficult things to do is to change the way he or she handles money.  “Adding a business,” to your schedule, your life means just that; “adding, in addition to.”  So, your regular schedule will require adjusting and it means alleviating unnecessary portions of your life out.  It would also require one to change his or her financial approach.  If spending your money in your head was proven ineffective personally, can you imagine the epic failure one would feel trying this method in business.

Systems implemented is forethought for receiving more than a small amount of funds.  You can ‘get by’ or ‘fake’ managing small amounts of money but to manage large amounts requires a system, thoughts and a process for both the receiving and the distribution of funds.  There is a time to bill customers and then there must be a consistent method for the customers to pay as well as a timeframe.  All of which require strategic planning and implementation.

Money is both a seed of opportunity and when used correctly can become the wealth of harvest.  However, a change in mindset is crucial.  You cannot spend, evaluate or use money in the manner you’ve been accustomed.   Exposure to better, capacity to acquire knowledge, wisdom to gleam from the knowledge and courage to do better are all required to grow and for your money to grow as well.

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