How Do We Create Wealth?

How do we create wealth in today’s society?

Do you ever wonder how the rich get richer?

It is a very uncomfortable topic. Most people do not understand the concept of the vehicle that can work for anyone, not just the rich. This may be a surprise to you.

It’s called CASH VALUE LIFE INSURANCE!  You can deny it all you want but it is a fact. Just ask Warren Buffett, Bill Gates, and Ben Bernanke. Buffett put a billion and a half dollar policy into the Gates Foundation and nearly doubled his money, tax-free.

The media makes it look like it’s just a contribution of wealth to the Gates Foundation; however, this is how wealth breeds wealth in simple terms.

Not to fret. Most of us are under-educated in just how a plan like that works only because it’s not generally taught to us. While it is important to have a variety of investment type vehicles, why not utilize a plan that can give you growth, reduce your future taxes and allow you to use your money for the rest of your life? There is more. It gives you Liquidity and you can leave money tax-free to your family, charity or business.

Fact or Fiction:

Did you know insurance is one of the SAFEST places you can put your money?

Fact! If the government fails, insurance companies will still survive.

We are taught to put our money in the most volatile of situations including government plans or, even an extremely low growth plan like a cd, short-term bond, money market or bank account.

 Living in the “When I Have More” and “I Can’t Afford To” mentality doesn’t work. We actually CAN create a better future for ourselves financially. I’m here to help. Are you ready? Join me at Blend2Day.com

Your Financial Relationship 

Have you ever thought about your relationship to finances? Understanding why you either hang on or always need more can be circumstantial or situational from an event that created your relationship to the money. 

Mine comes from a circumstance of being financially victimized. This led me to help people understand that there is more to securing your financial future than “deferred tax income streams,” which can vanish. 

Emotion: Money is not about finances. It’s about emotions. Money is strongly connected to our emotions. An emotion can take you on a spending spree or an earning spree. It can make you decide to spend it all because you “deserve it” or to save everything and “sacrifice.” 

Situational: Look back at a time when you were forced to do something financially that you didn’t want to do. It can be anything good or bad. This can be a trigger that subconsciously leads you to financial success or destruction. 

Circumstantial: How we approach money, how we think about money and how we handle money can be directly attached to a family, adult or childhood circumstance. 

Elation: A large sum of money comes your way. You feel comfort and joy, and all is right again. Why is it that the first thing many of us do is to go purchase a new car that immediately loses value the second it leaves the lot? 

FEAR: Some believe that money is the cause of all of our problems. Don’t be afraid. Money creates CHOICE, FREEDOM, and SECURITY. 

The Truth: We all should take a look and find our trigger. Plan to have several buckets to dip into for your future. Tax-free guaranteed lifetime income is one that will provide for you in the event that you run out of money. You will never run out of INCOME! 

Powerful Relationships Support Powerful Marketing 

Marketing is enhanced with collaboration. There are simply too many parts to do them all, while still serving clients well. Your business will do best when you can create powerful relationships to support you. It can enhance your wellbeing to be part of a supported team rather than an isolated solopreneur. It also allows you to make a deeper difference in the world as you free up time and energy to grow your business or to work in your highest state, while others hold the pieces you don’t care to.  

 Relationships are powerful when you: 

Clearly share your expectations, desires and outcomes. Take the time to communicate as needed. Indirect or unspoken ideas can undermine a potentially successful collaboration. Don’t worry about being abrupt or too direct. Others generally appreciate clear boundaries and knowing where you stand.  

Expect the best. When you assume there are amazing, talented people who are a perfect fit for you in the world, there are. When you worry that there is no one who can do it as well as you, there they are. Earlier hurts or disappointments already happened—don’t let them color your present day.  

Plan to spend money and time. Collaborative efforts generally pay off over time. Like all relationships, the time and resources you invest in them are what makes them blossom. Expect to pay well for talent and contribution, just as you expect to earn that for your work.  

Know that it’s a process. Start small and be willing to build on that little by little. It takes patience and repeated input to craft a successful, long-term relationship. Don’t look for quick wins, look for incremental forward movement. 

Put in the time with others and you’ll reap the rewards. Want to know more? Visit www.lindabasso.com.

Living Your Life with Ease 

Live your life in gratitude and with ease. We all have experienced struggle and pain. When I survived a near-fatal car accident in 2002, I learned that life is not always easy. Your mindset creates the experience you live. Choose to be in abundance and happiness, rather than in victim mode or negativity. 

 Complaining about what is wrong in the world helps no one. You feel better, happier and more successful when you notice what is working instead of what isn’t, what is right rather than what is wrong, and what you want rather than what you don’t. This is the law of attraction at work.  

Create more ease and flow in your life with these practices: 

Create and consistently update a “to do” list. Outline and prioritize your list based on what you want personally, professionally and physically. Schedule time to do them. 

Ask for help. Know your “A” team of supporters and enlist them for help. You may want to hire a business coach or a personal trainer. 

Create time for selfcareWhat do your mind and body need? What does your ideal health look like? Plan daily steps to optimize your energy and wellbeing. 

Stay healthy. Movement and good nutrition will create a better life as you age. 

Focus on gratitude. This practice brings more ease and joy into your life.  

Pay attention to what you want and WHY. Get clear with the WHY to design a more meaningful and happy life. 

You can live to the fullest when you are clear about what you want to do. Career success allows you freedom of choice. When your choices are made with ease and flow, you know you are heading toward a meaningful and happy life.  

Authenticity in Relationships 

Sometimes my heart clenches when the phone rings. It happens when callers dive right into an obvious script. They typically represent a large company that developed a perfect script based on human behavior. They ask you yes or no and multiple choice questions. Then they ask for a credit card number. I often abandon the phone long before hearing the whole script. However, as a business consultant and former technology architect, I sometimes listen out of curiosity.  

It amazes me that companies believe someone would whip out a credit card without developing an authentic relationship. In my book, it falls short of trustworthy communication. I guess people provide their cards, or the calls would stop.  

What does this have to do with a small business owner? It is about relationships. I meet business people who dive right into a sale before they even know me. It is not as extreme as the programmed script described, but it is just as uncomfortable.  

Build a relationship with people. If you meet someone and feel a connection, nurture it. I’ve met people at networking events who take my card while looking around for the next one. They sometimes put me on their list without permission. I prefer to develop a relationship first. Here are my tips for developing strong relationships: 

  1. Follow up after meeting someone. 
  2. Keep in touch for no specific reason. 
  3. Give first-perhaps a sample service or product. 
  4. Pass along introductions, articles or a reference to your conversations. 
  5. Keep in touch. 
  6. Intersperse sales offers with other interactions. 

I have read it takes up to seven interactions to build rapport. How can you blend service, samples, inspiration and other reasons to keep in touch rather than exclusively asking for the sale? Build an authentic relationship. It can be powerful. 

How Giving Causes Growing 

We tend to think that we’ll make a difference when we “get there.” This doesn’t work, since the giving actually causes the growing. If you wait until you get there, you never actually get there. 

The same feeling of tightness that occurs for you when you are stretching to give $10 from your $100, stays with you when you are giving $100 of your $1,000. I can’t say what it is to give millions yet, but I can tell you that in the process of giving tens of thousands, it’s the same game with more zeroes. 

Something happens when you stretch. The universe hates a void, and new opportunities present themselves to you. Not like winning the lottery, but more likely new opportunities to grow and expand your business that were not apparent before. 

How do you get there? One step at a time.  

The best tool I’ve found to support with the stretching and growing is gratitude. It’s easy to take for granted what you have. Electricity, hot, running water, flushing toilets. These simple gifts are actually luxuries in much of the world. 

The way to continue to stretch is to stay in gratitude for what you have. You always get more of what you focus on. If you focus on lack, you get more lack. Why not celebrate your gifts and watch them grow and expand? 

As you expand and remember who you are and how blessed you are, it becomes easier to adopt the habit of giving. Not easy, but easier.  

I invite you to consider automating your giving. Start small-$5 per week, $20 per month, adds up to several hundred dollars per year. You may be educating a child or funding a fellow business woman’s dream in a developing nation by taking these small actions.  

Consider joining us at www.limitlesswomen.com. We would love to support your dreams and learn from your brilliance.  

The Power of Relationships 

When you are a member of a team, each relationship is unique. Some focus on the job at hand, and some are based on the connection you have with each member. 

When I was 9 years old, my parents had me join a military-style marching band called the Weldonians. It was here I learned the value of relationships and the power it generated to the whole team. 

I was a member of the majorette corps. The entire band was made up of 150+ kids ranging in age from 3 to 23. We won as a unit and lost as a unit. As a member of this band, it was the responsibility for the older kids to look after the younger kids. We learned to have the backs of our neighbors. Practices were a weekend affair, with practice all day Saturday and half a day Sunday and a performance every Sunday afternoon. 

Crisp straight lines, intricate formations, great music and high-stepping majorettes were all part of the entertainment package. The tight relationships we formed helped us support each other in performing the best we could. 

It is through those relationships we were able as a unit to win awards; perform as the half-time entertainment for the Oakland Raiders a couple of times a month for home games; receive invitations to perform in the Chinese New Year Parade in San Francisco; and perform at the Rose Bowl and in the Rose Parade.  

The power of relationships channeled into one direction was amazing to participate in during the time I was a member of the Weldonians. I will never forget the relationships and the feeling of knowing someone had my back.  

Understand that as a part of the whole, you are able to accomplish something so much bigger than you could do on your own! 

Closing the Loop to Build the Life You Love 

Healthy relationships are a vital component of creating a life of harmony and accomplishment-your SpaLife  

Most of us know this intuitively but science confirms it-there is compelling evidence that strong, harmonious relationships contribute to a long, healthy and happy life. Relationships bring harmony and balance to our work and personal lives. Contrast that with relational discord – which leaves us drained and vulnerable physically, spiritually and emotionally. 

To create the life you were meant for, it’s essential to closely examine your relationships. Who are the people in your space? Who do you spend the most time with? Do they bring harmony or discord? 

Sometimes a source of discord is what I call an “Open Loop.” It comes from leaving a frustration or issue unsaid. When there is an Open Loop, it’s may be time for a conversation. 

How do you know if you have an Open Loop? Here are three tip-offs: 

  1. Do you feel awkward around someone in your life? Do you find yourself avoiding her? 
  2. Have you lost affinity for her? Is there a loss of connection? 
  3. Are you angry at someone? Do you blame her for something going on in your life? 

If you answer yes to any of these questions, you probably have an Open Loop. Whether at work or home, it’s important to close that loop. Leaving it open doesn’t support your best life.  

You need to get back on track so you can have a life with balance that supports your dreams. Closing the Loop will mean taking the risk to get face-to-face (no texting!) with this person.  

Look her in the eye, connect, let her hear the intonation in your voice, and let her see your facial expressions and body language. 

Communicating openly and honestly lets you live your life with integrity. Recognizing when you have relationship Open Loops and closing them will help you live your SpaLife! 

Build and Deepen Your Relationships with Social Media 

The internet is a 24/7 networking opportunity that allows you to stay in touch and deepen connections with people you meet in person. Here’s how: 

First, review your online presence monthly on all social media platforms you are using. Make sure your profile picture is current, your cover photos are relevant and your “About” section has something about your clients. It’s not just your resume. Make sure your content is a reflection of your message, your brand. 

Second, get out that stack of business cards you’ve been meaning to deal with and invite those people to be friends. If you think they’ll know who you are, just send them a friend request. If not, send them a Facebook private message asking them if it would be okay to send them a friend request, and that you would like to stay connected. Then, connect with them on LinkedIn.  

Third, after you meet people at networking events, or wherever, connect with them on LinkedIn, send them a Facebook friend request and connect with them on any other social media platforms you’re active on. Use the same procedure as described with the business cards. 

After you become Facebook friends, visit their pages and see what they’re up to, and if there’s anything you can LIKE, comment or share. Go to their business pages, see if there’s anything there that you can LIKE, comment or share. Go to their websites and check them out. Send them an email or private message through Facebook and invite them for coffee or a phone call-something to take the next step in connecting. Or, you can invite them to another networking event you are going to that you think they might be interested in. Stay connected on social media until you meet again in person! 

Your Home(Page) on the Internet 

Websites are like houses. They require upkeep, maintenance and curb appeal. You have few precious seconds to capture visitors’ attention and engagement. Like a house, a well-designed and well-staged website closes the deal for you. One that offers a great user experience leads visitors to take a desired action. These concepts relate to Search Engine Optimization (SEO) and Conversion Rate Optimization (CRO). Used together, your website will have greater visibility on a search engine results page, will invite searchers to visit your website and will help convert them into leads or customers.  

More than 200 elements influence how a website ranks on a Google search engine results page. It’s called a search algorithm. The following elements carry the most weight and are worthy priorities in your website update and maintenance routines: 

  1. Mobile Responsive Web Design. Over half of all Google searches are done on mobile devices. Mobile responsive design makes it easier for visitors to navigate your website from their phones. 
  2. Site SpeedSpeed also enhances the mobile experience. If a page takes too long to load, people become frustrated, back out of the search and go on to the next entry on the search engine results page. Start by optimizing and compressing website images. 
  3. Create quality content. Whether you blog, create video content or update a gallery of your work, sharing your authority and mastery regularly appeals to search engines and human searchers.  

Be sure to keep your website up-to-date and provide a secure experience. This protects you and your visitors from malware.  

Be authentic, original and generous with your knowledge so visitors get comfortable with you. Whatever you would expect from a good citizen of the world is true here – no stealing, be kind to others and take good care of your reputation.