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3 Helpful Habits For Tracking Your Money

May 23, 2019 by Marc Guberti Leave a Comment

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Welcome back! I am so happy to see that you have come back for more.

Did you know that what you track is naturally going to expand?

No, checking your bank account every day won’t automatically add more money to it. That’s not the idea.

The idea is that by tracking your money every day, you get more creative with the different ways you can invest your existing money and make more money.

Money is something that I track every day because money gives you more choices. It certainly doesn’t give more happiness, but think about the extra choices a million dollars gives you.

If you want to go to Disney resorts more often, you can. If you want to invest more money and get more in return, you can. If you want to quit your job, you might be able to (depending on if you can consistently continue to make that million or if you just won the lottery).

While not guaranteed, it’s certainly easier to be happy with more money because of that choice factor.

I bring this up because not everyone likes to spend that much time looking at their money. Some people think it’s the root of all evil.

I’ll talk about tracking money shortly, but I want to clear something up.

Money is not the root of evil. The incorrect use of money by a relatively small group of people is the root of evil.

Going back to tracking our money, it’s important for us to do just that if we want to make more of it.

It’s also important for us to approach this with the right mindset. If you track it with the mindset of making sure you never lose too much money, you’re approaching money wrong.

However, if you track it with the mindset of what’s working and bringing in more money, you’re more likely to make more money.

With that said, it’s time for us to discuss the three ways that you can track your money.

 

#1: Log Into Your Money Accounts Every Day

Yes, every day…without missing a day. You should put your net worth right in front of your face every day. It will inspire you to make more money and think about the extra choices you will have.

Logging into your money accounts means logging into all of your bank and investment accounts.

To be quite honest, I almost never have over $100 in the bank. I quickly deploy my money for other uses such as growing my business or investing in stocks and eventually real estate.

This also stems from the fact that I’m 21 right now and it makes more sense for young people to invest more of my money because they can ride more ups and downs right now.

With that said, I still have a small amount of money invested in a Fidelity high yield bond market to act as a hedge for volatility.

And I bring up Fidelity intentionally. I log into Fidelity every day to see what my net worth looks like (note: I will even log in on days that the stock market is closed).

I’m not telling you to invest in the stock market. But I am telling you to have a way to invest your money. Whether it’s something as easy and risk free as CDs or something as risky as Bitcoin (I don’t invest in Bitcoin and don’t feel comfortable with that one), you need to invest your money.

Even if investing isn’t your thing and you’d rather create content for people, investing gives you the chance of making more money.

And more money creates more choices. You can use that extra money to get more exposure for your content or just have the peace of mind that your investments are paying off a chunk of your living expenses.

If you have tangible real estate assets or something similar, I would keep track of the ones you own and know their net worths. That will help you know your total net worth just by checking in each day.

The more you check in on your net worth, the more you’ll want to do stuff to change that number.

 

#2: Keep Track On A Spread Sheet

The biggest game changer for me has been keeping track of my money on a spread sheet. Each time I get extra book sales (or any other kind of sale), it gets added to that sheet as income for the month.

Using software like Apple Numbers or Microsoft Excel is the best way to go for tracking money on a spreadsheet.

I understand that this isn’t an easy skill and one you might not be interested in mastering (life gets super busy).

That’s why I am giving my entire spreadsheet away for free.

No, that doesn’t mean I’m revealing income numbers. Still not at that stage.

Instead, it’s a mock spreadsheet that you can edit to add your own data. You’ll also find instructions for how to use it.

You can get that free spreadsheet here.

 

#3: Track Individual Streams Of Income

No big company ever exclusively tracks money made and money lost…and neither should you. Part of tracking your money means seeing where most of your money comes from and what’s not giving you a big enough payoff.

It’s through tracking my income streams that I learned affiliate marketing is one of my top income streams. I have a few income streams picking up more steam, but affiliate marketing has been a reliable way for me to boost my income.

My free spreadsheet also makes this possible. It has a bunch of rows and columns that allow you to keep track of the monthly income you make from a variety of income streams.

 

In Conclusion

Tracking your money is essential for acquiring more of it. The key thing to understand about tracking money is that it changes your mindset. The people who track their money the most are less likely to spend out of control.

People who track their money become smart spenders and only put their money towards investments and experiences.

What were your thoughts on this list? Do you track your money through additional means? Sound off in the comments below.

Filed Under: Mindset Tagged With: finances, money, spreadsheet

E351: Happiness Strategies For High Achievers With Rohit Sodha

May 22, 2019 by Marc Guberti Leave a Comment

Rohit Sodha is an experienced General Manager with a demonstrated history of working in the internet industry. He’s skilled in areas like Sales, P&L management, Business Development, Operations management, and Strategy. His book Happiness To The Power Of Infinity is a guide to sustainable happiness for high achievers.

 

Quotes To Remember: 

“Tell yourself, ‘I’ve got this.'”
“Condition your mind to be successful.”
“Neutralize toxic people.”
 
What You’ll Learn:
  • Achieving happiness
  • Preserving your happiness
  • The 7 areas of your life that you need to master to be happy
  • Mentally conditioning your mind for success
  • Success habits 

 

Key Links From The Episode: 

Want to see how we can work together? Schedule a free strategy call here. 

Happiness To The Power Of Infinity

Grow Your Influence Book Series

Filed Under: Breakthrough Success

How To Create A Thriving Content Brand Around Yourself

May 21, 2019 by Marc Guberti Leave a Comment

It’s incredible easy to start a brand around yourself. Some would say that you started a personal brand the moment you created your first account on a social network.

Part of your personal brand is how people see you and your work. That’s where social media and all of your online activity come into play.

But we’re not just talking about creating a bunch of social media accounts and calling it a day. We all have one chance to impact as many people as we want. With today’s technology, you can impact many people while still living your ideal lifestyle.

Here’s the playbook for creating a thriving brand around yourself…

 

Step #1: Get Clear On Your Topic And How You’ll Provide Content

The essential step for any brand is to get clear on your topic and how you’ll provide content. You can cover an infinite array of topics, but you should only choose to build a brand on the few topics that you’re passionate about (less is more).

Once you determine what you’ll cover, you need to decide how you’ll distribute that content. In this case, more is better. If you can distribute your content as blog posts and videos, but you don’t have a podcast, you’re missing out on a big segment of your audience.

People have different ways of learning. Some prefer reading blog posts while others prefer videos or podcast episodes.

While it may seem intimidating to crank out so much content, it’s not as hard as most people think. All you need is an effective content repurposing strategy, and you can literally turn one piece of content into dozens.

Video files can easily be turned into audio files for a podcast. You can embed the video into your blog post and write a little about it.

I have a preference towards creating video content because it becomes much easier to then repurpose that content. But start with what works best for you. I was a blogger for at least two years before I did my first video.

Regardless of which ways you decide to create content for your audience, make sure you’re consistent. Aim for at least one new blog post, video, and/or podcast every week. As you get more comfortable with creating content for your audience, inch the frequency closer to daily content.

The more content you provide, the more your audience will remember to check back in for more content from you.

 

Step #2: Promote That Content So It Reaches More People

You can create a bunch of great content, but if no one sees that content, your content isn’t serving anyone.

Part of being a brand is serving your audience and getting your content seen.

Too many people fall in love with the content creation so much that they keep creating but then skip over the marketing.

Ideally, you should spend more time marketing than creating your content.

That may sound crazy to people who enjoy creating content and tend to spend hours of their time crafting their content, but marketing is what grows the audience.

The easiest way to promote your content is to share it with all of your social media followers. Anytime I publish a new piece of content, it automatically goes out to my Twitter, Facebook, and LinkedIn audiences. I’ll also schedule posts for Instagram and Pinterest to reach more people in my audience.

Reaching out to existing people in your audience is a great way to gain traction for your content. However, you also need to attract more people outside of your audience.

We cover this part in more depth over at the Content Marketing Success Summit, but one thing you can do is reach out to more people who don’t know about you yet.

When I mention someone in a blog post or video, I let that person know. Many of these people will proceed to share my content, and some of them continue consuming my content to this day.

Another great way to reach out to people is by inviting them to be a guest on your podcast. I’ve interviewed hundreds of people through my podcasts and summits who previously did not know about my brand. The majority of guests then promote their episode or summit session to their tribes as soon as that content goes live.

Doubling down on your marketing is one of the best ways to grow your brand.

 

Step #3: Monetizing Your Brand

When you master the first two steps, you have a brand that many people know about. The third step to having a thriving brand is monetizing your brand.

Ideally, monetization is something that you’ve been working on since Day #1, but you should put far more time into monetizing your brand once you have the audience.

There are plenty of ways to monetize your brand, but the key is to start what best works for you and expand your offerings over time.

The reason we want to expand our different offerings is because people have different types of products they prefer.

Some people prefer training courses while other people prefer books. Both of these types of products can become solid streams of income and work for anyone’s niche.

Once you create these kinds of products, all you have to do is lead people to them. For this step, I use ClickFunnels to create an elegant sequence of events that turns each new subscriber from a new person who just heard about me to a warm lead.

I send any of the traffic I get to opt-in pages designed to grow my email list and get sales for my business.

At the end of the day, you need money to keep your business going.

 

In Conclusion

Monetizing your brand requires a specific mindset. You create content with the aim of marketing it. You market your content with the aim of getting more people into your funnel.

The best way to approach the work is to think about it in reverse. Most people create content, then think about marketing it, and then think about monetizing it.

Instead, you need to think right away about how you’ll monetize. That will influence what content topics you’ll focus on.

What were your thoughts on this article? Do you have any questions for me? Sound off in the comments section below.

Filed Under: Brand Tagged With: monetization

E350: Getting More Comfortable Taking Risks To Grow Your Biz With Hayley Luckadoo

May 20, 2019 by Marc Guberti Leave a Comment

Hayley Luckadoo is a speaker and coach who loves to empower women to take steps toward big dreams and a better life. She is a serial entrepreneur and big dreamer who took a hobby wedding planning business born out of a college dorm room and created a multi-business empire. Through her speaking, businesses, and passion project—the Females on Fire podcast—she creates content and resources to help women turn their “what if’s” into tangible realities.

 

Quotes To Remember:

“Everything you do in your life is a risk.”
“Take that leap of faith.”
“Everybody knows failure.”
 
What You’ll Learn:
  • How to get more comfortable with taking the right risks
  • Keeping a focus on the long-term
  • Weighing your options
  • Overcoming failure
  • Success habits 

 

Key Links From The Episode: 

Want to see how we can work together? Schedule a free strategy call here. 

Females On Fire Podcast

Hayley’s site

Grow Your Influence Book Series

Filed Under: Breakthrough Success

E349: How To Use A Book To Propel Your Business With Scott Lorenz

May 17, 2019 by Marc Guberti Leave a Comment

Scott Lorenz is a book publicist and President of Westwind Communications, a public relations and marketing firm that has a special knack for working with authors to help them get all the publicity they deserve and more. He works with bestselling authors and self-published authors promoting all types of books, whether it’s their first book or their 15th book. He’s handled publicity for books by CEOs, CIA Officers, Navy SEALS, Homemakers, Fitness Gurus, Doctors, Lawyers and Adventurers. His clients have been featured by Good Morning America, FOX & Friends, CNN, ABC News, New York Times, Nightline, TIME, PBS, LA Times, USA Today, Washington Post, Woman’s World, & Howard Stern to name a few.

Quotes To Remember:

“Everything is available to everyone.”
“When you have no money, you have to get creative.”
“The more awards you win, the more credibility you will win.”
 
What You’ll Learn:
  • How to get more publicity for your books
  • How to apply for and win book awards
  • The best social networks to find and reach out to the media
  • How to get publicity for your book on a shoestring budget
  • Success habits 

 

Key Links From The Episode: 

Want to see how we can work together? Schedule a free strategy call here. 

Scott’s site

Westwind Communications

Grow Your Influence Book Series

Filed Under: Breakthrough Success

E348: $100M In Ad Spend Later…THIS Is What Profitable Google Ads Look Like With Mike Rhodes

May 15, 2019 by Marc Guberti Leave a Comment

Mike Rhodes is the Founder & CEO of WebSavvy.com.au a Google-award winning agency based in Australia that manages over $100M in ad spend. The internationally recognized speaker has spoken at places like Traffic & Conversion Summit, Synergy Digital Forum Moscow, Baby Bathwater & more. His most recent book The Ultimate Guide To Google AdWords is a bestseller with over 100,000 copies sold.

 

Quotes To Remember:

“20% of our searches each day have never been seen by Google.”
“I spend 1-2 hours per day on my education.”
“Is the juice worth the squeeze?” — Joe Polish
  
What You’ll Learn:
  • How to create profitable Google Ads
  • The Google Ad landscape and history
  • Google Ads VS Facebook Ads
  • Leveraging Google Ads to grow your business
  • Success habits 

 

Key Links From The Episode: 

Want to see how we can work together? Schedule a free strategy call here. 

Web Savvy

Agency Savvy


Recommended Books:

Content Marketing Secrets

Podcast Domination

The Ultimate Guide To Google AdWords

The Book Of Joy

The 4-Hour Chef

Filed Under: Breakthrough Success

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Primary Sidebar

I am a business freelance writer who writes for individuals, small businesses, and corporations. My content will help drive engagement and sales to your business. I have produced content for several companies, including…

  • Upwork
  • MoneyLion
  • Freight Waves
  • Westchester Business Journal
  • Property Onion

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