This one mindset change made me $20,000 in a month..

Summary

In this video, the speaker shares the key mindset shift that has helped them and others achieve financial success online. The core message is that money is abundant, not scarce, and that beliefs and self-identity directly impact success. The speaker emphasizes the importance of adopting the identity of a winner, taking risks, and pushing past comfort zones. By aligning daily actions with the version of yourself that has already achieved success, you can break through limiting beliefs and achieve your goals. The video offers personal insights, practical advice, and motivation for those pursuing financial freedom.

Takeaways

• 😀 Money is not scarce; scarcity is a mindset taught from childhood. Abundance exists, but many have not accessed it yet.
• 😀 The way you perceive yourself determines your outcomes. Positive self-identity leads to better results, while negative identity leads to mediocrity.
• 😀 You attract what your identity is shaped to attract. A mindset of scarcity results in limited opportunities, while a mindset of abundance opens up greater possibilities.
• 😀 'You are what you think' is proven by studies that show how identity activation impacts performance. A positive self-identity leads to a 40% better performance.
• 😀 In business, confidence and belief in your service are critical. A confident salesperson can book 10 times more meetings than someone without belief, even with the same leads.
• 😀 To succeed, map out exactly who you want to become. Visualize the exact version of yourself, including financial goals, lifestyle, and daily habits.
• 😀 'Fake it till you make it' is bad advice. Instead, 'do it until you make it.' Align your actions with the identity you want to develop and take consistent steps towards it.
• 😀 Business doesn't reward intention. It rewards volume, consistency, and commitment. Your efforts determine your results, not just your intentions.
• 😀 Success requires risk-taking and hard work. Few achieve financial freedom because it’s not easy, but those who push through setbacks and stay consistent make it to the top.
• 😀 Top achievers are those who consistently show up and do the work. They keep trying even after failing multiple times, unlike most who quit after one or two failures.

Q & A

Why do some people succeed online while others don't?

The key difference lies in mindset. Successful individuals adopt an abundant mindset, believing that money and opportunities are abundant, while those who struggle often hold onto beliefs of scarcity and fear of taking risks.

What is the key thing that successful people have in common?

Successful people share a mindset that believes in abundance. They don't see money as scarce, and they are willing to take risks and step out of their comfort zones, unlike those who play it safe and believe resources are limited.

How can changing your mindset help you make more money?

By changing your mindset from scarcity to abundance, you open yourself up to more opportunities. When you believe there's always money to be made and opportunities to seize, you take action, make decisions more confidently, and attract greater results.

What is the impact of identity on success?

Your self-identity directly influences your results. If you identify with success and believe you're capable, you’ll perform better. On the other hand, a negative self-identity can hold you back, leading to poorer results.

Can you give an example of how identity affects performance?

A study involving Asian-American women showed that those who identified with their ethnic background performed better on a math test, while those who identified with being female (often associated with poor math performance) did worse. This demonstrates how self-perception impacts outcomes.

What should you do to align your actions with your desired identity?

You must be specific about the version of yourself you want to become. Create a detailed vision of who that person is, including their goals, lifestyle, and values. Then, act as if you're already that person and consistently do the daily habits that will lead you to that success.

What advice does the speaker give about the 'fake it till you make it' mindset?

'Fake it till you make it' is criticized by the speaker. Instead, they suggest you 'do it until you make it.' This means fully embodying the actions and habits of the person you want to become, without pretending or deceiving others about your progress.

What role does consistency play in success?

Consistency is crucial. Business rewards volume, commitment, and sustained effort. It's not about intentions or occasional hard work but about showing up every day and taking consistent action toward your goals.

What is the difference between people who own supercars and those who don't?

The difference lies in the willingness to take risks. The person who drives a Ferrari made bold decisions and took calculated risks, while the person who takes the bus often avoided risks and played it safe.

What mindset does the speaker suggest when faced with a bad day?

The speaker encourages viewing tough days as part of the process. Struggles and pain are inevitable, but they are opportunities for growth. Embrace discomfort and understand that it's necessary to push through it for long-term success.