Your Network dictates your Net Worth
Oct 16, 2019Ever heard "You are the average of the 5 people you spend the most time with" from Jim Rohn?
He totally nailed it 100%. Imagine surrounding yourself with two groups: the first have poor money habits, a crappy money mindset and don't invest. The second group are focused on wealth creation, creating a millionaire mindset and making financial freedom a reality.
Which group of people do you think you'll get further ahead with? The group that inspires, encourages and strives.
There is also a special announcement for all my gorgeous listeners: to join the facebook group I have JUST re-opened. Join here: https://www.facebook.com/groups/kissmymoney/
xo
Simone
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Keep on and make our money. You're in the right place. I spent over 10 years learning from the most brilliant minds in money, wealth, and investing to take myself from 20 K in debt to a seven figure investment portfolio. Join in. As I share the secrets towards more growth, money investing and ultimately freedom. My name is Simone MES Huggins, and welcome to ms. Wealthy's. Kiss my money.
What's up guys. Welcome back. And today I'm going to talk to you about, Oh, something really cool. I actually said I was going to announce this a couple of weeks ago, and then I got sidetracked and distracted and a couple of things came up and I forgot. And then it was put on hold. And then now I'm finally ready to tell you and talk to you about the ms. Wealthy kiss, my money Facebook group. Now, before you go anywhere, I want to tell you why this is so important. I've spoken before about network, right? And how your network creates your self worth. And the difference between surrounding yourself with people who are on the path of creating wealth, building more income, focused on profit and focused on creating financial freedom versus surrounding yourself with people who don't get it, who aren't focused or creating those things.
And don't even talk about those topics, which group do you think will succeed in the area of more income or profit financial freedom? Obviously the group that talks about it, that focuses on it, that surrounds themselves with peers that are doing the same thing, right? And so I've spoken about why it's so important before in previous episodes and why it's so important for my journey as well and how my network has taken massive shifts, particularly in the last Oh, like eight, nine, 10 months and how it's impacted my financial life as well. And this is why I want to create this environment for more women to talk about money more, to get the tools and the resources to actually create more income, to actually make more money, to actually keep more money, to actually earn money and grow their wealth. So that financial freedom becomes inevitable and it becomes faster.
And ms. Wealthy as a company started, Hm. Depending on when you actually count the time that I technically sat at it, but about a year and a half ago, so it's still baby new. Right. But I started the group about two years ago when I was still kind of just getting into the, the weld of entrepreneurship and kind of just exploring it. Right. And I did start a group then, and I actually shut it down. I archived it, um, at the beginning of this year actually, because it was just something that I didn't want to focus on at the time, because I had to focus on building the business and scaling up and automating it and yeah. Setting it up so that it works for me. So I had to focus on myself before I could focus on everyone else before I could, you know, give from a full cup.
So I had to fill my cup up before I could literally give more to everyone else. So that is why I'm reopening the group. And the focus will be just so you know, who it's for. It is specifically for women who want to focus on building wealth and they want to focus on creating financial freedom. And that looks like working on your money mindset that looks like working on your money tools, meaning how you manage money and how you actually, you know, create systems and automations and proper setups for your money, so that you give it clarity and purpose. And then finally how to grow your money and build wealth. So creating passive income streams, investing, and literally creating an investment portfolio that sets you up for life. So it is all of those things, particularly the first one, the money mindset stuff, because I've spoken about it a lot before how our mindset is at least 80, if not 90 to 95% of everything that we do.
And it dictates and undermined literally every single decision, every single feeling, every single action, and therefore the results that you have in your life, your outer world is a reflection of your inner world. Your inner world dictates what you have in your outer world. And so if you're wondering what your money mindset might be, tell me what your bank account balances at, tell me what your net worth balance is at. And if you're not sure what your net worth is, it's all of your assets minus all of your liability. So all of the things that you own in terms of investments, minus all of your debts and everything that you are. So tell me what that is. And I will tell you what that looks like in terms of your inner world. So if you're currently in a place where you're in a bunch of debt or you're struggling to get by, or you're living paycheck to paycheck, or you have like a couple of thousand or 10, or even just 20,000, but you're in your forties or wondering how you're not getting ahead, I can tell you hands down that your money mindset needs some serious upgrading and some serious work.
Because when you start shifting, that is when the massive quantum leaps happen in your outer world. And there are so many things that come up at this point for a lot of people. One of them is, yeah, but it's not just about mindset. You kind of just like, think it. And then it comes into your existence and know that is up. Like, that's true. You can't just lie on the couch, watching Netflix and just think about money. And it comes into world. That doesn't happen. But what does happen is when you start changing your mindset, it shifts from fear, worry, doubt, scarcity, to opportunity action and creating things in your world that actually set yourself up and it starts changing your habits and behaviors, and it starts changing your outer world. Cause here's the thing. You don't know what you don't know. So you don't know that there's actually another way of thinking.
There's another way of believing. There's another way of operating from a strengthened, empowered mindset, because literally the rich knows something that the poor don't, right? Like they have the keys, they have the secrets that they have created to set themselves up successfully. And I've never seen a wealthy person with this scarcity or poor mindset. And it's part of the reason why lottery winners often go bankrupt within a few years of, you know, literally winning millions. It's because their financial blueprint, their money mindset is set at a level that undermines their ability to hold onto money. And because everything comes from our mindset, it literally, they self sabotage and they spend everything or, you know, they do things that don't set themselves up. They do things that mean that they don't use that money to make more money in their sleep. And it's the reason that this happens because you can have more money, but if you don't actually have the working behind it, if you don't shift the emotions behind it, more money, doesn't help.
And this is a big part of the work I do. When a lot of people come to me, um, wanting to make more money. That's great. And I want you to on everyone too, because the more money we make and create, the more we can give, the more we create in the economy, the more that circulates. So making more money is a good thing. But the practical side ha goes hand in hand with the mindset, work with the, you know, work. You can't have one without the other. It's as simple as that. And so this is why it's such a big part of what I do because it's 80 to 90% literally of winning at the money game of winning at the wealth game. And even as an investor and as a trader, it is especially true because as an investor, you need to handle your emotions and handle your mindset and get a grasp and a grip on all the emotions that come up.
When news headlines are splashed with FIA mongering, things like, Oh my God, it's going to crash, or this is going to happen. And that sends a lot of people into a spin, right? But when you actually have a handle on being a invest, an investor that has a solid foundation with mindset, it means that you don't self sabotage. It means that you, uh, essentially what another quote from Warren buffet, a greedy when other people are fearful because the majority of people are fearful together. It's like sheep, they just follow one another. And this is how massive market movements happen in the economy because everyone just does the same thing as everyone else. But when you become a solid investor with a millionaire mindset, it means that you take advantage of opportunities that other people don't, because they're too fearful that too scared. And so one of the most common myths that come up with investing is that it's risky.
But that belief is based on a lack of understanding, a lack of knowledge and predominantly an underlying belief of fear, worry, and scarcity mindset. And so all of these things are what I talk about, what I work on with my clients. And it's what I do, uh, with the mastermind that I'm about to set up. So I'm going to talk about that in the next episode of how you can get in to the money mastermind, um, that I am going to be setting up because so many people have asked me to run this and I love doing it. I do it for my investing boot camp, um, members, but specifically on investing. So I'm expanding it and widening it. Um, but I'll talk about that in the next episode and kind of what it's about and how it's gonna help you take quantum leaps. But for the meantime, I really want to encourage you to come and join the free Facebook group and come and surround yourself with myself and other women who are focused on wealth creation, who are focused on, you know, literally making more money and being comfortable with that.
Being excited about that, not letting guilt or shame, stop them like making money is a good thing. Talking about money is a good thing. I want to normalize this. Guy's like, we need to get out of this mindset that, um, you know, it's scarce or it's limited or it's tuber. And so if you want more income, more profit, more freedom, more money, more wealth in your life. I need you to be there. You need to do this for you. Okay. So I'm going to put the link in the show notes, come and join. And I'm excited for you to introduce yourself and meet all the other women in there. And let's build this together and create something freaking amazing and lift everyone else up because when that happens and we create an incredible network, you end up being the average of the five people you spend the most time with. So I want you to up level your average, all right, babes. I will see you in there and I'll see you next week.