[Neurons] 2009 Meta Reflections #22

[L. Michael Hall]

From: L. Michael Hall

2009 Meta Reflections #22

May 18, 2009

 

 

WEALTH CREATION

IN TIMES OF ECONOMIC DOWNTURN

                        

 

You would think that in times like these when the media has been hyping the
"worldwide economic crisis" a workshop on Wealth Creation would be big.  It
would be relevant!  It would get immediate attention and it would bring in
lots of people.  But that certainly was not what I recently experienced in
France.

 

Two weeks ago I had the opportunity to present the Wealth Creation Training
in Avignon France.  And unlike last year in Moscow when so many Russians
crowded into the auditorium that we had to turn away 50 people because it
could only handle 250, this year we had a very, very small group of two
dozen at the training.  Trying to understand that, I turned to Gilles Roy,
who sponsored the training, and the NLP and Neuro-Semantic trainer as well.
He said that French people are unique about this subject-the subject of
money, wealth, and wealth creation.  That this subject is one "not talked
about" openly, that it is not acceptable to do so even though there's much
interest in it.

 

Actually, I find that many people are like that.  "Money" for them is a
taboo subject.  You're not supposed to want it.  To want it is to be
materialistic, superficial, greedy, capitalistic, selfish, and so on.  To
seek money or financial success is to want something that is "the root of
all evil."  Or it is to deny the spiritual life-giving and sharing with
those less fortunate.  Over the years I've met many, many people who had
such frames in their mind that forbid and prohibited them from even
exploring the subject or if they did, to feel highly conflicted.

 

But thank goodness, no one struggled with those particular frames in the
Wealth Creation training in France.  And yet there were vestiges of those
frames and they created a bit of self-conflict about whether seeking to
become financially secure or financially independent was right or was what
we ought to do with our time.  But mostly, the people who showed up simply
needed to refine their strategy about how they would go about creating
wealth.

 

Along this line several people asked me about my opinion about wealth
creation and the current economic situation.

"What is new or different today in these times of economic stress and
downturn about the creation of wealth?  What shifts and changes do you need
to make to create financial security or financial independence?"

 

This is where the processes and principles for creating wealth work equally
well in times of great economic growth and prosperity as they do in times of
economic downturn and stress.  The principles governing the stages and
steps, the states and beliefs remain consistent in both contexts.  In fact,
in times of economic stress and downturn, they become all the more
important.  If anything, they are true with a vengeance when times are hard.

 

And what is the heart of wealth creation?  It is finding a good challenging
problem and adding value by solving it.  Do that, and the money will follow.
After all, what do we and everyone else spend money on?  What do we use our
money for?  Is it not to solve our problems-we buy food to satisfy hunger,
we go to a nice restaurant because we want to share it with loved ones or
colleagues, we buy computers because of our need to communicate, get the
latest information, stay in touch with others, see our favorite movies
anywhere we go, etc.  We spend money on products, experiences, and services.
And when we create products, experiences, and services that people want or
need, that satisfy human needs at any level of need on the hierarchy of
needs.  That creation brings us money.  It adds value.

 

What this means is that the engine for creating wealth falls back to
something simple and profound-in good times or bad times.  It falls back to
your talents and skills.  If you can turn an interest, predisposition, or
gift into a skill and if you can refine that skill so it becomes an
expertise-and then find or create a market for the value that you add to the
lives of people, then you have an economic engine for creating wealth.  All
you need to do then is to learn even more effective ways to use it.  So
learn how to manage yourself, your energies, attitude, beliefs, states,
relationships, foresight and so on to do what you love doing to add more and
more value.

 

The more value you add, the more valuable you become, the more value will
come to you.  This works whether you work for someone else or whether you
are in business for yourself.  It is not rocket science, but it does require
focus, discipline, continuous learning and refinement, persistence, and
resilience.  It usually does not even require a lot of financial
capitalization to get started, but it does require human
capitalization-capitalizing on your intellectual and creative capital.  It
requires your personal and relational capital.

 

It also requires a plan.  Well, it works much, much better with a plan.  A
plan enables you to focus and concentrate your human capital, to create your
direction, and to measure your progress from week to week, month to month
giving you a sense of succeeding and going in the right direction.

 

I spent six years fooling around with a singular investment property (a
rental house) before I wrote my first wealth creation plan.  That changed
everything.  Studying and modeling first-generation self-created
millionaires I discovered how to focus step-by-step on creating a business
that would let my money work for me.  7 years later I reached financial
independence where I could then choose to do whatever I did because I wanted
to, and not because I needed money.

 

The bottom line is that wealth is an inside-out phenomenon and it is a
phenomenon that you can unleash in your life!  That's what the
Neuro-Semantic training on wealth creation is all about.  While I don't have
another training in this until next year in Montreal (2010), Tom Welch has
some DVDs made some years ago ( <http://www.ns-video.com)/>
www.ns-video.com) and who knows- perhaps some other Neuro-Semantic trainers
will be offering that training sometime this year or your organization might
like one of us to offer it as a keynote in a conference.

 

In the meantime, find a good challenging problem and add value to people's
lives by solving it.  It is as simple as that and profound as that.  So what
frames do you need to think like a millionaire?

 

To the unleashing of your financial potentials!

 

 

 

 

 

 

WHERE CAN YOU GET YOUR META-COACH CERTIFICATION THIS YEAR?

 

Meta-Coachng Module III Coaching Mastery is the Intensive Coaching Bootcamp
training will be offer in four more places this year.  Contact the sponsor
for more details about when and where.  A new addition this year for
Managers, Leaders, Entrepreneurs- if you don't want your certificate to say
"Coach," we have a one available for this same training that gives you a
"Professional Communicator" certificate.

 

                        1) Sweden

                                    Sept. 15, 16-23 - Coaching Mastery.
Sweden: Stockholm

                                    Sponsors: Sara Lee, Niklas Daver, and
Helene Nordgen

                                     <mailto:niklas.daver at gmail.com>
sara.m.lee at gmail.com  niklas.daver at gmail.com helene-nordgren at tele2.se 

 

                        2) New Zealand

                                    October 2- 9 - Coaching Mastery.
Auckland, New Zealand

                                    Sponsor: Ignition - Colin Cox and Lena
Gray - www.ignition.co.za <http://www.ignition.co.za/>  

                                    Lena at ignition.co.za


 

                        3) South Africa

                                    Oct. 22, 23-30 - Coaching Mastery.
Pretoria, South Africa

                                                cheryl at peoplesa.co.za


                                    Cell : 083 267 1412   Tel: 012 362 6542
Fax : 088 012 362 6641

                                    Skype: meta coach
www.psacoaching.co.za 

                        

                        4) Australia

                                    November 20-27 - Coaching Mastery.
Sydney, Australia

            Sponsors: Laureli Blyth and Heidi Heron

                        Heidi at nlpworldwide.com
Laureli at nlpworldwide.com 

 

 

 

 

 

 

 

 

L.  Michael Hall, Ph.D.

International Society of Neuro-Semantics

Meta-Coach Training System

P.O. Box 8

Clifton, CO.  81520 USA

1 970-523-7877

1 970-523-5790 fax

      <http://www.neurosemantics.com/> www.neurosemantics.com 

       <http://www.neuro-semantics-trainings.com/>
www.neuro-semantics-trainings.com 

       <http://www.self-actualizing.org/> www.self-actualizing.org

       <http://www.meta-coaching.org/> www.meta-coaching.org

       <http://www.ns-video.com/> www.ns-video.com 

 

To sign up for a free subscription to the egroup of Neuro-Semantics
(Neurons) go to  <http://www.neurosemantics.com/> www.neurosemantics.com ---
you can  subscribe and unsubscribe there.   Meta Reflection articles by Dr.
Hall are sent out every Monday and meta-Coach Reflections sent out every
Wednesdday to the Meta-Coaches egroup.

 

 

 

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