Read the rest of this article here: Building the Action-Habit

Last year was the first time I made over 6-Figures in a single year.  It was quite an accomplishment considering the global financial meltdown.  That being said, you might realize by now that I don’t subscribe to the scarcity vibe.  So regardless of what is happening in the economy I can create abundance whenever I like.  It’s up to me.

As for earnings, the bulk of my income came from two major sources in 2011:

• Coaching
• Engineering Consulting

There are three important insights I’d like to share with you about these sources of income.  Then I’ll dive in and teach you How to Make $100,000 This Year.

6-Figure Insights

First of all, you’ll notice I have two sources of income (not one). Each of these sources actually has “sub-category” sources of income.  Some of these sources are streams and others are deep rivers.  The point is that I used multiple streams of income to get over the 6-Figure mark and you should too.

You may have heard or even read about Robert G. Allen’s book called Multiple Streams of Income.  In this book Robert teaches how to generate multiple streams of income (big shocker).  They key  - I have found – to creating multiple streams of income is to start with one income and build it up – and only move on to the next source of income once you have established the first one.

Then rinse and repeat.

The second most important insight I gained from my experience is that you don’t want to spread your attention too thin.  You want to lazer in and focus on creating one income stream at a time. I explain the importance of focusing your attention in articles and videos throughout my blog.  But there is one recording that nails it to a tee in about 3 Minutes and 20 Seconds.  You can check it out here: 10 Practical Ways to Stay Focused

The third biggest “aha” I gleaned from the engineering consulting and coaching income is that the money I earned in 2011 was active income.  When I say active income, I’m talking about income that you would receive in exchange for services rendered.  In other words, an income that you receive in exchange for your time.  In my personal experience, earning an active income is one of the fastest ways to get over the 6-Figure mark quickly (and probably one of the most fulfilling).

Not all of my income was active income in 2011.  Some of it was passive income.   The type of income you want to earn is entirely up to you… I’m just sharing how I did it.

How to Make $100,000

I’m sure I could give you a 100 different strategies to help you earn your first 6-Figure Income this year.  But that would be of little value to you because it would be way too complicated to execute.  Besides, it would also make for a really long blog post and this one is already 2,000 words as is.

Instead, I’ll give you a shorter list of action items you can execute and starting using right away. Here are the 6 Magic Bullets that helped me soar past the 6-Figure mark this year…

Magic Bullet #1: Clarify Your Direction

It’s seems simple and it is.  Focus.

The problem is that you get distracted and off track.  You have too many ideas – too many strategies to pursue – always looking for the “next-best-money-maker” instead of acting on the idea sitting right under your nose.  Each new idea seems better than the last one, so you jump from one idea to the next and never really starting anything.

Or what’s even worse, you experience information over-load so instead of taking one idea and executing it, you do nothing at all.  The overwhelm from too many ideas and too much information brings you to a halt so doing nothing becomes the safest and easiest option available.

I get it.  I’ve been there.  But I’m telling you that you have to be focused and committed if you want to earn over 6-Figures.  Focus comes first.  And this sort of focus takes practice:

• It could mean to stick in out in your job right now and be the best employee you can be right now.  It could mean to pursue career excellence where you are right now until the ‘better’ opportunity shows itself.
• It could mean going out and starting a part time business.  And that part-time business could have one stream of income that you are cultivating and growing while you work in your full time job.
• It could be taking an existing full time business and adding one new income stream this year and putting all of your energy and attention into that one income stream so that it will cultivate and grow.

It doesn’t matter ‘how’ you do it.  What matters is that you focus your attention.  After all, thoughts are things.

Just keep at it and focus on the activities that will bring you to your end goal. Each day spend more time and energy on what you enjoy and less attention and energy on what you don’t enjoy. They key is to focus your attention.  Your attention is one of the most valuable assets you have.. choose wisely.

Magic Bullet #2:  Create the Abundance Vibe

This might seem abstract or even silly to some people, but I know the truth.  Getting into the abundance vibe is one of the most powerful things you can do to attract money and success.  Don’t be mistaken by the simplicity of it.  It’s not just getting pumped up and excited some of the time.  It’s being on complete fire and in a resourceful state no matter what gets thrown your way.

Whatever it takes, whatever you have to do, find a way to get into the abundant vibe.  If you feel like crap, you’ll attract crap opportunities.   You know this!  It’s like T. Harv Eker has said time and time again, “When you complain you become a living and breathing crap magnet.”

So start feeling really good.  If you feel like a raging success, then you’ll start attracting success.

Now, what do I mean by creating the Abundance Vibe?

Creating the abundance vibe means….

• to feel creative and resourceful
• to feel confident and successful
• to feel strong, determined and committed
• to feel that you have more than enough time
• to feel that you have more than enough to contribute and give
• to feel that you have more than enough money  - even when you don’t!
• to feel and trust that the Universe will give you anything you want at any time…

And here’s the caveat: creating abundance comes from feeling abundant even when none is in sight. That IS the abundant vibe. That is a resourceful state.  That is creative energy at your beck and call.

Get into this vibe and like gets easier.  It becomes more fun.   I get random checks in the mail all the time using this technique.

Do you understand how easy this is?

Getting into the abundant vibe is fun.  You just have to practice. Practice feeling abundant every day for 5 minutes.  Do it and your world will never be the same.  Start seeding abundance today.

For a live recording on this topic, listen to: How to Attract Money



Read the rest of this article here: How to Make $100,000 This Year

Check it out.

Read the rest of this article here: How Limiting Beliefs Are Formed