Knowledge Source

Your freedom to create wealth...

You are here: Home / Archives for General

No B.S. Friday: Slaying energy vampires…

by Leave a Comment

I haven’t been taking enough care with the company I keep. I need to follow this advice.

Be careful who you share your soul with.

Not everyone is going to get it. 

Not everyone is going to see the vision you have. Not everyone will be able to see it all coming together, you – in the full richness of your life, your dreams taking shape in the wake of your hands. 

Not everyone is going to be able to see that. 

They will say your crazy. An idealist. A dreamer.

I’ve heard it all before. 

And not everyone is going to be able to support you in your dreams, even if they can see what you are trying to create. 

To many people, your success is scary. It’s a challenge to the victimhood stories they are telling themselves – the mythology of a horrible universe where there’s never enough and there’s no possible way to succeed. 

People need those stories. Otherwise they’d be forced to take responsibility and forced to take action. 

They’d much rather see you fail. They’d much rather talk you out of your dreams than actually have to do anything with their lives. 

You don’t need that. 

I really mean that, you don’t need that in your life. Nobody does. 

And you know who they are. It’s like they pull a plug in your belly, and your energy just drains away whenever they are around. 

Keep these people at a distance. Don’t share your soul with them. Don’t invite them into your inner world. 

You have enough on your plate with your own fears, your own insecurities, your own doubts. 

You already have the fight of your life on your hands. You need every ounce of energy you can muster. 

There’s no room for energy vampires. Keep them at a distance.

And careful the company you keep. 

No B.S. Friday: Love the cold.

by 3 Comments

Exactly. No point crying about it. If you don’t think you have a choice you need to see this. 

I was on a ferry from the Greek mainland out to one of the islands, and I ended up chatting to a Norwegian fellow. He said that he loved ice-fishing – it was one of his favourite things to do.

Personally, I couldn’t imagine anything worse. Out in the freezing cold, standing on a big block of ice, just waiting around for hours and hours, like a penguin at a bus-stop.

It would drive me mental. 

But you know, I try to keep it polite. 

“Sounds like fun,” I say. “But how do you handle the cold?”

He says, “It’s not so bad. When I was young, maybe 4 or 5, my father took me ice-fishing. It was freezing. I started to cry but my father said, ‘look, you’re here now. You can either spend the whole day crying about it, or you can learn to love the cold. You’ve got a choice. You can either choose to be miserable, or chose to love the cold.’ And so that’s what we did. We just learned to love the cold.”

To me this is life in a nut shell. 

Existence is suffering. You have a body that breaks down and eventually wobbles its way into poor eyesight and wetting your pants. You have more dreams than can ever be realised, and you heart will be broken again and again and again. 

Life is suffering. The world is a hard place. 

But look, you’re here now. You can spend your whole life crying about it if you want to – how you’ve had to suffer from this or that, been on the receiving end of this or that injustice, seen your love ones betray you and pawn your antique golf clubs to buy breast implants. 

We’ve all been there. 

If you wanted to spend the rest of your days having a massive sook, you’d have every excuse. 

I give you permission. 

But is that what you really want to do?

Because you have a choice.

You can choose to accept the suffering that is your lot, and just see it as the entry price to Amusement Park Earth. 

That’s what I do. 

You can just choose to see every sling and every arrow and just another experience, another pattern in the rich tapestry of life.

Scars are the consequence of a life well lived. 

You can choose to take every blow that’s coming to you, and just have a flipping good old time anyway. To dance and laugh and live fully. 

That choice is yours. 

So what’s it going to be, penguin?

No B.S. Friday: DON’T GO BACK TO SLEEP!

by

He’s right. Sleep is easier. No wonder so many people are into it.

What’s the first thing that happens when you wake up?

You probably feel grumpy, disorientated. Maybe you’re angry at whatever it was that woke you up – your partner, your alarm clock.

You were in a lovely dream-world. You were at rest. The needy demands of your body were quiet.

But now you’re awake. And now they’re here, at full volume – the ache in the back, the knees, the hunger, the feelings of inadequacy…

…the listlessness around your ankles like lead.

Things were better when you were asleep weren’t they?

Growing up is a journey of a 1000 waking ups.

At every stage of our growth, we have to wake up into a new way of being, a new understanding of the world.

We must wake up and realise that our parents don’t control the world and can’t protect us from everything.

We must wake up and realise that we are not the centre of the universe and we have to work hard and support ourselves like everyone else.

We must wake up and see that ideals like justice, fairness, reason – the world has a passing commitment to these at best, and it’s nothing less than a miracle that the human race keeps it shit together at all.

And then there is the greater waking up…

But each time we wake up, it’s the same. We’re disorientated and agitated. We’re angry at whatever woke us up. We long to go back to sleep.

It’s not easy. It’s why some many people choose sleep…

… their whole lives.

But if you are seeing this video, then you are probably walking the path of courage. I congratulate you for that.

And I wish you strength, because sleep is a lot easier than what you’ve got in store for you.

And I wish you a good sense of humour, because everything is about to start looking pretty odd.

And I wish you companionship, because it can be lonely too.

But you’re not alone. There are many people doing the best they can to live courageously and consciously.  Cherish them when you find them.

But this above all, don’t go back to sleep.

When the alarm clock in your soul starts ringing, answer.

… however hard it feels.

No B.S. Friday: THE TRUTH: It’s no an accident

by

I’d never noticed before but he’s right. They’re using pity to control us.

The world has a massive double standard.

And it’s the difference in the reaction we get when we celebrate ourselves, and when we feel sorry for ourselves.

Imagine two scenarios.

In the first, you’re standing on the seats at the train station, pumping your chest like some kind of Conan the barbarian, singing your own praises.

“I am really good at my job. I am dependable friend. I am a loving and attentive father and I have nicely defined calf muscles.”

You’ll probably get locked up, right?

Now imagine you’re at the train station again, but you’re complaining about how hard your life is.

“My back is continually sore. My children never call me. I’m behind on my mortgage repayments and I can’t eat muffins any more because they give me gas.”

What happens? Probably nothing, right? It’s actually pretty normal.

We live in a world where self-pity and feeling sorry for yourself is totally normal, but feeling great about yourself and outwardly celebrating yourself is treated as strange, almost pathologic.

That’s an interesting double standard, right?

But let me ask you this. Which one of these is more useful to you – which one puts you in a better state of mind, is more attractive to be around, and helps you get more done with your days?

Self-worth or self-pity?

And let me also ask you which one is more useful to the powers that be? Which one makes you demotivated and compliant, de-energised and cynical, disempowered and apathetic?

Which one makes you a better cog in the machine?

Self-worth or self-pity?

This double-standard is not an accident.

You are not here to be small and I don’t want to hear you complaining about how hard your life is. Don’t give in like that.

Create a discipline around celebrating yourself – around recognising your strengths and allowing yourself to just feel good about yourself.

It’s a simple act.

But it’s one of the most revolutionary things we can do.

No B.S. Friday: Right and Wrong? IT’S ALL A LIE!

by

Ha! He just flipped this old philosophical problem on its head!

There’s a popular thought experiment in philosophy called ‘The Trolley Problem’.

Basically, a rail car is hurtling down a track, on course to kill 5 people. You have the power to switch it on to another track, where it will only kill one person. Should you do it? Should you kill one to save five?

What is the ‘right’ thing to do?

The trolley problem first surfaced back in 1905.

And we’re still talking about it.

More than 100 years later, philosophers are still debating it, writing endless essays and journal articles on all the nuances of moral obligation.

It’s been going on for so long that the Trolley Problem even has its own Facebook group!

And this isn’t just a thought experiment to entertain scholars. Soon, autonomous vehicles will be everywhere. What do we tell them to do if given the choice between ploughing into a school bus or swerving on to the curb and killing a pedestrian?

Someone’s got to program that.

For me, I think the reason why the trolley problem is so hard is because we’re making the job too difficult for ourselves at the get go. We start with the assumption that there is a ‘right’ and a ‘wrong’ thing to do.

Right and wrong only exist in abstraction. Like in maths. 2 + 2 = 4 is ‘right’. 2 + 2 = 7 is ‘wrong’.

But the world is not abstract. The world is complex. So this need we have to cling to simple ideas of right and wrong is like trying to cram a square peg into a round hole.

It says more about our inability to deal with complexity than it does about our wonky moral compasses.

And the tragedy is that we bring this need for simplicity into our daily decisions. What is the right thing to study? What is the right career to choose? What is the right way to invest?

Who should I marry?

There’s no right or wrong answer here because, in reality, these aren’t right or wrong questions.

They are complex. They can be considered from different, sometimes competing perspectives, you rarely have all the information that is relevant, and you often don’t know what you would actually prefer if you really got down to it.

You just don’t know yourself that well.

It’s just complex, and you can bend your head if you spend too long trying to figure it out. And you can waste precious years if you spend too long trying to figure it out.

Such a waste.

What I think it means is that we’ve got to be ok with just doing the best we can.

Do some research, but then just pick your career, pick your investments, pick your partner, and just make it work.

This is where the living is – in just making it work.

And this is where the richness of life is – in the bewildering complexity of life, feeling yourself bundled along by forces much greater than yourself.

So let go of your attachment to right and wrong, it doesn’t serve you, and step into a state of action-driven wonder.

No BS Friday: Before you make a decision

by

Do you wonder why you make bad decisions? This is the answer.

Have you ever made a bad decision?

That’s ok, everyone has.

But do you know why you made a bad decision?

That’s a really interesting question.

A lot of people look back at the really bad calls they made in life and they’re like, “Wow. What was I thinking? I don’t even know why I did that.”

I reckon the answer often comes down to stress.

Stress is an epidemic. Most of us are stressed out of our eyeballs and we don’t even realise it.

But you can’t make good decisions when you’re stressed.

Because when you’re stressed, your fight or flight modes are activated. You’re on edge, in a situation you want to get out of, either by punching your way through or turning on your heels and running for it.

And that means you are looking for an immediate solution.

But what if the problem doesn’t require an immediate solution? What if the problem requires a considered response and a carefully chosen strategy, diligently executed?

No! No time for that. I’m stressed. Just get me out of here.

And so we’ll back long-shots and crazy plans. Or we’ll burn bridges with people that shouldn’t be burned. We rush it just because we want to get away from the discomfort of our current reality.

Psychologists call it ‘The Hail-Mary bias’.

And it affects all us… when we’re stressed.

And we’re all stressed.

So if you want to set yourself apart from the pack, give yourself an edge, learn how to de-stress yourself before you make decisions… or before you do anything really.

I don’t care how you do it. Meditation, running, snorting incense… whatever works for you.

But if you can make decisions from a clear and calm centre, you will totally change the trajectory of your life.

And you will live a life that most others could only dream of.

More than 1 way (9 in fact)

by

Real estate is my favourite way to make money.

There’s so many ways to do it.

Sure, there’s buy and hold. But there’s a lot which are faster.

And make you a lot more money.

The trick is finding a way which suits YOU!

Do you have a lot of time or not much at all?

Do you know a hammer from a mallet, or does Bunnings confuse you?

Are you a stay-at-home mum with a bit of tenacity?

What about making deals … sound like fun?

What about staying at home and researching the market?

Do you have a deposit or don’t you?

Could you get a loan or would you get knocked back?

Listen, this is the great thing about real estate.

Once you know all the ways you can make money your eyes open to a whole new world.

Jason Byron is running free online training at the moment.

And he is sharing 9 different ways to make money.

And there’s at least one way to make serious money no matter how you answered the questions.

One lets you make a bare minimum of $20,000 in about 4 weeks.

And at the other end of the scale, a couple of these can net you over $400,000.

It’s all up to you.

Jason’s training is like a smorgasbord of ideas.

Choose the one which whets your appetite.

Then dive on in.

No BS Friday: You are at war

by

You are at war. 

Make no mistake about that. You are at war, and if you want to achieve your full potential – to live the rich and beautiful life you know is possible, then you have to fight. 

Nothing will be handed to you on a platter. Your enemy is strong and clever. Your enemy is cunning and ruthless. 

But this is the thing. The war is not out there. It’s in here. 

And the enemy is not out there. The enemy is you. 

Success has nothing to do with conquering the world. That’s just nothing but logistics. 

Success is about conquering yourself – conquering lazy, conquering timid, conquering pitiful. 

And it sounds easy until you actually meet that enemy in the field. And you see how tricky they are. You see how relentless they are. 

And you see how, just as you stand on the cusp of your achieving everything you’ve been fighting for, your own mind will come from behind you, and drive rusty blades into your hamstrings. 

And as you watch everything you’ve built go up in flames around you, you must face this bitter truth as well – that it was your own mind who betrayed you. That you have no one to blame but yourself. 

This is hard. Bitterly hard. And it’s why so much human potential goes unfulfilled. 

And so the first battle you must win is with your own mind. Minds are truly marvelous machines, but you have to take control. Submit to the disciplines and the practices that will give you this control, whatever they are. 

Because if you win this battle here, the war is yours. From that point on, success is nothing more than arranging pieces on a board. 

Go within. And slay the enemy you find sleeping there. 

Revealed: The best properties to buy in this recovery

by

This recovery will favour some properties over others…

So the property recovery is on. No one has any doubt about that now.

But there’s an interesting question about which segments will see the most price action first.

CoreLogic’s Cameron Kusher reckons we’ll see it in the Premium Property segment.

He’s just released a new report examining price growth across the three broad market segments – bottom 25%, middle 50% and top 25%. It shows that the most expensive 25% properties have shown the most improvement recently, and are likely to lead any recovery:

Nationally, from the market peak to the end of May ’19, the most affordable quarter has seen values fall by -1.4%, the middle of the market has seen values fall -6.6% and the top quarter has fallen by -11.6%…

Over the past year, most capital cities and regional markets have been recording value declines. While values are broadly continuing to fall, the rate of these falls on a monthly basis has been slowing.

After having seen much larger corrections than the other two segments (following a larger growth phase), the most expensive segment of the market is seeing its rate of decline slow.

This is a trend that has played out before whereby premium housing values fall the fastest initially but also sees the falls cease earlier than other market segments. It is still early days but with the housing market expected to trough in late 2019, the premium housing sector may find a floor first and start to show some level of recovery before the other segments.

Maybe. It is true that the Premium market is more volatile and reacts to price stimulus more quickly. This would be true to form.

However, we’re also seeing a lot of stimulus aimed at the bottom of the market right now.

First, and most obviously is the government’s First Home Buyer Deposit Scheme. We’re still to see exact details, but we know it will be restricted to lower income earners, and restricted to cheaper properties (on a region by region basis).

And like all schemes that effectively just give first home buyers more cash, we know it is likely to push up prices in those entry-level segments.

That’s what Fidelity International investment specialist Anthony Doyle reckons:

Mr Doyle said that introducing subsidies on the buy side doesn’t address housing affordability. He said the result of such schemes is to drive up demand…

That’s good for people who want to sell their current property and upgrade, but it’s not so helpful for those struggling to enter the property market in the first place.

“It’s not going to address housing affordability, but it may have some role in stabilising house prices,” he said…

Albert Edwards from Societe Generale dubbed the UK equivalent a “moronic policy”. Mr Doyle said that he wouldn’t go that far, but he was highly sceptical.

Of course it will. Everyone one in the market knows these things push up prices. It’s just that everyone’s too polite to mention it.

So that’s going to give the entry-level segment a boost.

At the same time, tweaks to how banks assess serviceability, and particularly how they use the Household Expenditure Measure (HEM) to assess living expenses, is also biased to the cheaper end of the market.

Basically, the HEM was something of a poverty-line measure. It was an estimate of the bare minimum a household needed to get by.

The trouble was that banks were applying the HEM measure to calculate the serviceability of all households, even if they were earning $500K a year, and had no possible way of surviving on HEM.

So by removing HEM and forcing banks to look at actual expenses, APRA is cutting back the credit available to higher-income households.

And the further away from the poverty line you actually are, the more impact it has on your serviceability.

So if you’re a higher-income earner, and someone likely to buy a premium property, your serviceability will be more affected, relatively, than a lower-income earner and someone looking to buy an entry-level property.

So the move away from HEM will have more impact on the premium market than the cheaper market.

So put these two factors together, and current market conditions clearly favour cheaper properties.

Premium properties might be leading the recovery for now, but I don’t expect it to last.

Momentum is with the entry-level segment.

JG

No B.S. FRIDAY: The One Key to UNLEASH YOUR POWER

by

Now THIS is the key to real power in the world.

You are a powerful being.

But all that power is useless if you don’t know how to use it.

Most people seem to think the success journey is about becoming more powerful. It’s about learning new skills, become more efficient, more effective. Learning how to bend the world to your will.

And it is. But that’s not all it is.

Think about it this way. Imagine you have an old Datsun car. Now you strap a booster jet from a military cargo plane to it.

That car just got a tonne more powerful.

But will that power do it any good? Power is just dangerous if you don’t know how to handle it.

Or imagine you want to go to an awesome Vietnamese restaurant across town. You’re trying to figure out how to get there and you’re friend says, lets put some extractors and a supercharger on this thing. Make it fully sik.

Again, that will give you more power, but power wasn’t your problem.

If you don’t know where you’re going, more power just means you get lost more quickly.

This is true in all things.

It’s not enough to focus on your skills, your techniques, your strength. It’s not enough to focus on the things that give you power.

We also have to be constantly cultivating wisdom. We have to be cultivating the awareness and maturity that will help us navigate through life. We have to know where we are going.

And the only way to do this is to live. To live broadly and courageously. Seek out new experiences, meet new people, take on new challenges.

Be playful, brave and be constantly curious.

This is the discipline of power. Wisdom is nothing but experience made conscious.

And it is wisdom – wisdom is the key to realising the promise of the power you already possess.