DTHT Episode 10 – Money: Here’s What You Need To Do To Get It
Welcome to Do The Hard Thing Episode 10. I am Jason Archer… creator, freedom seeker and leader of self | full time student and part time teacher of self mastery, and today’s theme is “Money: And What You Need To Do To Get It”.
So, turn up the volume, put down the distractions and let’s kick this off…
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Have you ever started down a path that you felt held a great deal of meaning for you, and then for whatever reason you could not move toward the outcome you wanted to create. Whether it was a Mental, Physical, or Spiritual target you sought, it didn’t matter… there was some part of you who refused to move. This podcast is born out of that specific idea. Do The Hard Thing is an exploration in human movement.
In the last episode, I spoke about things that do not always expand when you focus on them… And, today I want talk about the number one thing this applies to: Money!
I don’t care how long you focus on money or think about hundred dollar bills in your head, it will do you no good when it comes to getting more money. Money doesn’t give a shit about your metaphysical beliefs, your dream board, or the number of hours your work.
It doesn’t care about your needs or your wants. God isn’t going to give it to you, the universe isn’t going to magically increase the amount in your accounts… no my friends, money only comes to you for one reason and one reason only.
And, to understand that reason, you have to first understand what money is and what it isn’t.
So let’s unpack this and get to the sinewy meat of the matter.
Getting money is not magic or voodoo. Its a skill. Taxing people who know how to make money more, is like taking the mic away from your best singer in the choir and giving it to your second chair. It’s punishing someone for being successful in a given field. It’s childish and stupid. You are better off learning the skill than creating bad karma.
Remember anyone you harm in any way comes back to you. And if you believe we are all connected, then harming another is harming yourself.
So if you have some bills handy, some 5s, 10s, 20s, 50s, 100s… Whatever you have. Pull a few out and take a look at them and ask yourself how you came by them.
Did you get money in exchange for your time working a job? This is the most common way to earn money… 95% of the population will acquire their money this way.
Maybe you got money from a product or service you yourself made or performed for someone… You know how to build websites for example, so you sold a website project to a small business and they paid you directly for your production as a specialist.
Or maybe you started a business helping people get fit… They then in turn buy a membership to your gym and once all the bills are paid and the government steals its tax money, you get to keep what is leftover.
It could be that your business does really well… And, you make enough money from your gym memberships business that you have some surplus or capital. And, with this capital you lend it at interest, or you buy stock in another company, or otherwise invest it in such a way that it grows and comes back to you in greater amounts through your investment activities.
Whichever way the money you have ended up in your wallet, I can promise it represents one thing and one thing only to all parties involved in any of the transactions I mentioned above.
Any idea as to what that is yet?
Well, let’s not keep you in suspense any longer.
If we look at the case where you invested money in a company… what happened here was value was traded for value. You give me 5 thousand dollars and I give you 5% of my company for example. You have an extra 5k that needed to be invested, and I needed 5k to grow my business so we agree to trade your cash for an interest in my company.
Your cash in this case was just a store of value. To my business that value might look like new equipment, a faster and better technical system, or the hourly wages of a new employee. All of which help me grow and at the same time make your business interest that much more valuable along the way. As an investor, you risk capital by buying in, and get paid over and above your investment only when the business does well and not only returns your capital, it gives you a return on investment. Maybe 2 years later your 5k of value is returned to you as 15k of value.
Money flows toward value.
In the case where you own a business, and you are paid by the business once everyone else is paid… again value is traded for value. Your customers and clients buy your gym membership in exchange for better results in their bodies. In order for this business to continue to grow and expand, you have to deliver on your clients’ expectations. They are trading money for the value of the results they get in their bodies.
Their fees go to pay the landlord, the power company, the water company, the ISP, the coaches, the suppliers, and yes… big brother all get paid because a businessman decided to provide value to the marketplace… in this case, the fitness space.
Again Money flows toward value.
If you are the web dynamo that has sold a website as a freelancer, your client is expecting you to provide the website they asked you to provide. And, in exchange for that service… you are paid a fee.
Again Money flows toward value. You client valued the website at 2500 dollars, you agreed to those terms as a service provider, ergo you get a 2500 payday in this example.
Lastly, the employee who trades time for money… she too is providing value. Maybe she works running a register at the grocery store or maybe she works as a lawyer at a law firm downtown. In both cases she is trading her hours for a predetermined agreed upon amount of money.
The grocery store and the law firm sell something, and because they do they need people who can stock shelves or read volumes of law in service to their clients. And, if you are hired to do that, you are trading the value you bring as a person for the value the company provides in the form of a steady paycheck.
Maybe you don’t want to be the guy who hunts down dinner or lands the big corporate account, but your more than happy to butcher the meat or provide an extra legal mind to an important case. And for those services, money flows to you, or more specifically… money flows toward the value you provide as an employee.
Money always flows toward value. It goes where it is treated best.
People who honor money for the store of value it is, and for the wealth and freedom it will create for themselves and others always have money.
People who believe money is a bad thing and that it is the root of all evil, (which interestingly is always taken out of context) never seem to have any, but always seem to be working for it or seeking it out and it will never come to these people.
Money does not respond to want or need… it simply flows to anyone creating value.
Want some extra money today? Then do the hard thing… get off your ass and go provide value to someone. I promise you, someone close to you needs help with something. Maybe it’s preparing healthy meals and you can do that for them in exchange for a fee. And, if you’re good… maybe that’s your business idea!
Whatever the case, you elevate yourself… by elevating the service your provide to others. You make yourself more valuable to the market. Anyone can do this… it just requires a little “get to fucking work”.
Think about it… Where can you apply this principle to your life? Get after it and let the market be your guide.
That’s it for today! Thank you for listening, and if you found value in this message be sure to subscribe on iTunes, Google, Castbox, or Stitcher | Share this with those you know need to hear it on social | And I’ll see you back here in the next episode | This is Jason Archer signing off | Now… go, and DO THE HARD THING.
Listen at dothehardthing.net